The Rebirth of the Financial Hegemon

888.8.

Everyone in China knows that this means "fafafafa".

Whether it's a license plate or a phone number, if you bring four eights, the value will definitely double.

During the Chinese New Year, this auspicious number is also used to seek good omens.

Such a series of eights, if Hua really saw it, he would definitely be happy from ear to ear.

But it's a pity.

The pronunciation of "facai" for Thai people and "facai" for Chinese people is different.

They don't like this string of hair very much.

Because the opening price of the SET index of 888.8 was 20 points lower than the closing price of 908 points on the previous trading day.

This means that most stocks are gapping and opening lower.

When I woke up one night, some of the assets on the books were missing. I'm afraid no one would be happy if they changed it.

In the Bangkok Stock Exchange, Liu Qiang was talking on the phone.

His face was very expressive.

There is respect, ridicule and a bit of vulgarity.

That wretched and dry smile showed that he had done something shameful and evil.

On the phone, Zhao Jiangchuan's voice came from the receiver.

"Liu Qiang, did you have fun?"

Of course I am happy, I have never been happier.

In accordance with its strategic direction in the stock market, Jushi Asset Management’s goal is unlimited short selling.

After some consideration, Liu Qiang planned to invest all the funds that he had invested at the end of yesterday.

This is a tactical move.

In human psychology, no one wants to lose money.

Because of hope, we will forget.

Selective forgetting and paranoid hope.

Jumping short and opening low has become a good choice.

Technically speaking, there is a theory of covering up the gaps often formed by short jumps.

Coupled with the losses caused by blank trading, many people are unwilling to bear the losses caused by this blank transaction.

This kind of psychology of people in investment is very consistent with the current strategic direction of Jushi Asset Management.

Jushi Asset Management began to reduce its position in blue chips at SET760.

All of these stock positions established at the beginning had considerable profits.

It is perfect to use these positions to smash the market.

As long as a large amount of funds can be locked in the market, the profits and losses caused by Jushi Asset Management's market crash will be smaller.

Although flies are small, they are still meat.

Therefore, Liu Qiang carried out the killing plan before the market opened.

But what a coincidence.

After Jushi Asset Management put its stock positions into the pre-market call auction regardless of cost, it just knocked down the SET index by twenty points.

888 points.

So Liu Qiang never stopped doing anything.

Simply maintain the price at 888.8.

Hair hair hair hair.

Is it auspicious?

However, this auspicious number is not auspicious at all for Thai investors.

Build your own good fortune on the misfortune of others.

How could you be so unhappy?

"hey-hey…"

Liu Qiang smiled dryly and remained silent.

He could tell that his boss was just teasing and not angry.

Liu Qiang's ridicule made Zhao Jiangchuan helpless, and he was angry.

"You're such a brat, why have I never seen you so arrogant before..."

"hey-hey….."

"Okay, just have fun..."

Liu Qiang had a great time.

But Thai investors are not happy at all.

From the perspective of K-line application technology, the jump gap will often be filled in time during the session.

Therefore, many investors immediately chose short-term buying after seeing the market opening 20 points lower.

Just like Cha Guai.

The position purchased at the closing time yesterday afternoon suffered a loss of about 3% under regulation.

In order to bring the average price lower, Chacai chose to increase his position.

As soon as the market opened, Chachai covered his position in Dongfang Electric Power for 200,000 baht.

The lower the price, the smaller the probability of falling, and the lower the average price, the greater the probability of making money.

This is simple common sense.

But I found out that common sense is all lies.

Bangkok Stock Exchange.

Liu Qiang was not in a hurry to perform intraday operations after his boss hung up the phone.

This guy, after taking a group of boys outside to smoke a cigarette, came back to give instructions.

For the current Jushi Asset Management, it is completely invincible.

Have huge profits on stock positions.

On SET index futures, the short positions established have also begun to make profits.

The effects of hedging blood transfusions are starting to show.

Whenever a stock position is liquidated and a portion is sold, the profit on the SET index will increase by a portion.

Now, this is no longer a war, but a game.

Maybe it opened lower than the market expected. Even if it has been open for ten minutes, the price of SET is still in a stalemate.

I don’t have the funds to dare to do it easily.

Bulls have long concerns.

The Death Star line of the previous trading day was very detrimental to the popularity of the bulls.

Under such a large gap, the main funds of the bulls can only choose to wait and see.

Short sellers also have short seller concerns.

After all, judging from the market's weekly trend, it is still in the bullish position.

in transaction.

Many people have had a doubt.

Why, the market always goes in the opposite direction to your position.

Whenever you go long, the price goes down, and when you go short, the price goes up.

This kind of opposite of being led by the nose has caused many people to involuntarily formulate a conspiracy theory.

The main force is really focused on the small amount of funds in my hand.

This sentence is familiar to many people.

But in fact, the so-called main force also has this doubt.

They will wonder why it is increasingly difficult for retail investors to fool them.

If you are not careful, your money will be robbed by retail investors.

The market is a arena.

In this arena, countless funds with inconsistent directions are gathered.

Fundamental researchers, technical researchers, news researchers, trend researchers….

Different trading concepts make the power of this angle complex.

Under the interweaving of forces like a chessboard, no force can be unscrupulous.

Bystanders are clear, but the authorities are confused.

When you are trapped in a situation with the same expectations, any force will feel like you are being led by the nose.

Under this kind of comprehensive competition, no large-scale funds dared to act rashly when there was a sudden gap.

The SET board is very deserted.

One hand, many opens….

Both hands, open….

One hand, how equal….

Third hand, empty exchange….

Apart from these small funds, there is no trace of any big funds.

It's as if the traders behind the big funds are sleeping.

On individual stocks, it was also very deserted.

On the handicap of Dongfang Electric Power.

They are all scattered small transactions, and it is almost difficult to see transactions exceeding a hundred lots.

The same goes for some other stocks.

With sparse and small transactions, the stock price does not even change by more than two units.

It was as if the market had been beaten to death by a sudden gap.

No one with big funds dares to do it easily.

However, just because other big funds don’t dare to move, it doesn’t mean that Jushi Asset Management’s funds don’t dare to move either.

At the trading seat of Jushi Asset Management, Liu Qiang glanced at the disk that was almost like a loom.

His eyebrows were raised involuntarily.

The raised eyebrows look a bit mean.

"Dongfang Electric Power, clear all buying orders..."

"Thai Oil, sell 150,000 lots..."

"SET, add 50,000 lots..."

Under Liu Qiang's instructions, the market suddenly came alive.

Under the selling of many blue-chip stocks, the SET index began to plunge like a waterfall.

same day.

Eastern Electric Power did not backfill the gap during the session, and neither did the SET Index.

888.8 points, becoming the highest price of the Thai stock market that day.

By the afternoon close, SET plummeted 70 points, a drop of more than 8%.