Through the wealth life

Chapter 1122 Hang Seng Roller Coaster

Li's consortium was advocating to give confidence to Xiangjiang stockholders, and the hot money was full of shipments to consume the trust of shareholders in Li's consortium. Until the close of the morning, the Xiangjiang stock market was hovering around 3890 points.

Hot money thought that Li Guangyu and the others would enter the market after waiting for the stock market to plummet, but the news at noon caught them off guard.

Hong Kong Bank, Heung Kong Electric, China Gas, Hutchison Whampoa, Cathay Pacific, and Swire Group have successively announced that they will repurchase the group's shares in the afternoon to maintain the stability of the Hong Kong stock market.

This also caused the Xiangjiang Exchange to open higher in the afternoon, and the Hang Seng Index directly reached 3895 points, which was only one point lower than the opening in the morning.

This time, the major groups are not just talking. As soon as the market opened in the afternoon, the sell orders of the major groups on the stock market were swept away. These groups are all blue chips, so the Hang Seng Index broke through the high of 10 points in less than 3900 minutes.

At this time, in the investment department of Citibank, these officials demanded to increase the pressure on the Xiangjiang stock market, and the Hang Seng Index must not be allowed to continue to climb.

In the Tianyu Investment Department, Sun Jianping was constantly ordering the staff of the Investment Department, and the telephone in the Investment Department was never disconnected, and the orders were conveyed to the Xiangjiang Exchange one by one.

Now in the Xiangjiang stock market, all transactions must be done in the Xiangjiang trading hall, and there is no online computer trading now, so Tianyu Investment Company has its own trading seat in the Xiangjiang exchange, and reports the situation here to the investment department at any time, and accepts investment at the same time Operate under orders from the Ministry.

After Sun Jianping put down the phone, he said to Li Guangyu: "Sheng Li, the exchange reported that there are a large number of sell orders in the market, and the price is lower than the current price. The hot money has started to smash the market again."

Li Guangyu knew that these hot money would not easily choose to retreat this time, especially when the Hang Seng Index broke through 3900 points, those people probably panicked.

"You make arrangements here, and you swept the list they showed up, pulling the Hang Seng Index to the [-] mark. If I want to buy these hot money, it will be difficult to buy them back."

This time the hot money is mainly shorting the Hang Seng Index. If they short some listed companies, especially the companies of the Li consortium and its allies, Li Guangyu will make them regret it. He will directly ask Sun Jianping to wipe out the stocks of his company on the market And Kong, when the time comes, he will not even have enough to buy and return the stocks, let's see what to do with the hot money.

Inside the Xiangjiang Exchange, today's transactions are extremely active, with a large number of buy and sell orders, and the number is extremely large. Ordinary stockholders know that this is a contest between the Li's consortium and hot money. At this time, they are more watching the show Anyway, either they have settled their pockets now, or they have all smashed into it. At this time, they just watch the show quietly.

Under Sun Jianping's strong sweep, the Hang Seng Index soared all the way to 3946 points, and the stock market also experienced a short period of tranquility.

Some people who were safe in their pockets had some regrets at this moment. They did not expect that the stock market not only did not plummet, but also rose a lot, especially the companies of the Li consortium and its allies.

Just when they thought it was stable now, a large number of sell orders suddenly appeared on the stock market again. This time, the volume far exceeded the imagination of ordinary stockholders. It immediately fell below the 3900 mark.

These stockholders are on a roller coaster ride like the ordinary stock market. This is something that has never happened in the Xiangjiang stock market. For those who are safe in their pockets, this situation is really exciting, even more exciting than a blockbuster movie.

It didn’t take long before these sales orders decreased at an alarming rate, and the Hang Seng Index climbed again. The actions of the Li’s consortium once again reassured those who were optimistic about the Hong Kong stock market. They believed that with the Li’s consortium, the Hong Kong stock market was extremely Will be crushed by hot money.

At the time when the Xiangjiang stock market was fiercely confronted, the Xiangjiang government held a press conference to explain the construction cycle of the Xiangjiang International Airport and the urban area to the Tseung Kwan O subway.

When this good news came, some hesitant investors and some investment institutions entered the stock market again, and the Hang Seng Index began to rise rapidly, breaking through the 10 mark in just [-] minutes.

In the conference room of the investment department of Citibank, the faces of the few people at this time were not very good. They thought that they would be relatively easy to operate in the Xiangjiang Exchange because of the restraint of the Taipei Exchange, but they did not expect this to happen.

Now the Hang Seng Index has climbed to 4012 points. When they entered the short position, it was basically around 3850 points. One point is 50 Hong Kong dollars. Now they will lose 162*50, which is 8100 Hong Kong dollars, and they are now shorting the Hang Seng Index. For 100 million lots alone, if they bought and returned them at this price, they would lose 81 billion Hong Kong dollars, not counting the handling fee, which they absolutely don't want to see.

This time they invested 25 billion US dollars together, guaranteed by Hang Seng, Standard Chartered, and HSBC, shorted the Hang Seng Index with [-] times leverage, and used [-] million US dollars in financing from Citibank to buy [-] times the shares of the Hong Kong stock market to suppress the Hong Kong stock market.

Now they not only have to pay attention to the margin call on the futures, but also pay attention to the situation on the stock market. Now because of the sweep of the Lee consortium, they have no losses in this regard, but the losses on the Hang Seng Index futures are huge.

Fortunately, the amount they did was not too large, and the leverage they used was not too high, otherwise the loss this time would be even worse.

One of the young men said: "It seems that we have miscalculated this time. The Li's consortium has always been on Xiangjiang's side. Look at their series of preparations today. As soon as we act in the morning, the other party will immediately broadcast live to increase stockholders' interest." With confidence, the other party has long been waiting for us to do it.

The same is true for the Xiangjiang government. The other party must have been prepared long ago, just to make a move at this time. I personally suggest that everyone clear the empty positions of the Hang Seng Index as soon as possible to reduce the loss of our actions. "

This time, they hoped to drive Xiangjiang stockholders to sell their stocks, so that the Li's consortium would not have sufficient funds to support the market, but a series of actions by the Li's consortium made their purpose ineffective.

How can they suppress the alliance between Li's consortium and Xiangjiang stockholders just relying on their financial resources? If they don't come out at this time, they may get deeper and deeper. Li's consortium will never let them quit easily.

They are very clear that during this period of time, many of their empty orders have been taken over by the Lee consortium and its allies, and they will definitely continue to push up the Hang Seng Index.

The person in charge of Citigroup said aloud: "You are well-known managers of funds on Wall Street. Why, you are about to retreat from this issue. The funds this time are just a drop in the bucket for everyone. Originally, we were just testing the strength of the Li's consortium. Since they want to play, we might as well play a little bigger. I suggest that everyone mobilize another 50 billion US dollars, 30 billion ten times the leverage to invest in the Hang Seng Index, and 20 billion US dollars to invest ten times the Hong Kong Stock Exchange. Look at the Lee Consortium How much money came out to protect the market."

Many of the funds present are backed by major consortiums in the United States. They also have the meaning of the consortia behind them this time. This time, Citigroup is the leader, because in their future plans, the Citigroup is mainly aimed at Xiangjiang. The California consortium and the Texas consortium, The Southern Consortium is targeting Japan.

It's just that these funds are really reluctant to make such a big bet at this time, and each of them finds a reason to negotiate with the power behind.

……

(End of this chapter)