Reborn, you call this an honest person?

Chapter 226 Go to the Rooftop and Calm Down

The time came to 15:30, half an hour before the market closed, and the stock price of Yanxuan b2b had risen to 69 yuan.

The 20 billion shares of Hengda securities lending are worth 1380 billion, and the margin is as high as 276 billion. In addition to some handling fees, Hengda Investment has paid a total of 280 billion.
Of the 290 billion funds raised by Wang Heng, only 10 billion is left. For every 1 yuan increase in the stock price, Hengda has to pay 4 million in deposits.
That is to say, as long as Yanxuan b2b rises by 2 yuan, it will trigger forced liquidation, as long as it rises by 3 yuan, reaching 72 yuan, it will directly liquidate the position.

All the traders in Hengda Investment Company stopped their operations. When the stock price rose to 58 yuan, they had no bargaining chips.

Everyone watched the stock price being pushed up, breaking through 60, breaking through 65, and now approaching the peak of 70 yuan,

Wang Heng saw that everyone in the company was lifeless, and the atmosphere was a bit depressed. He also felt a little uncomfortable, so he confessed to Manager Li,

"I'm going out to get some air, you watch first, if you liquidate your position before the market closes, don't call me,
In addition, don't worry, the decision is made by me, and I won't blame you if I lose.

My stock trading money is idle funds. Even if I lose it all, it will not affect Hengda Group, nor will Hengda Investment be dissolved. Work hard! "

"Well, boss."

Even if the company's air conditioner reaches 25°, Manager Li can't stop him from breaking out in a cold sweat. After all, the 290 billion funds were lost under his command.

Maybe he is going to become famous in one battle, who can lose the boss 290 billion at once.

With a loss of 290 billion, Wang Heng was in a bad mood, how could he be in the mood to comfort others?
After explaining, Wang Heng took the elevator directly to the top of the building. He wanted to enjoy the natural wind, and then stood on the top of the building to enjoy the beautiful scenery of the Xiangjiang River.

More than a dozen security guards and assistants followed him in several groups,
When Wang Heng reached the top of the building, he found several people there. The other party saw Wang Heng bringing a group of people up and said,
"Little brother, how much did you lose? I can't think about it at a young age."

Wang Heng saw that the other party was dressed like a successful person, so he didn't think much and said directly, "It's a bit uncomfortable to lose more than 200."

The other person thought Wang Heng was talking about Wan, and said casually,

"Little young man, you are still young, you won't lose more than 200, work hard, you can make it up, don't be too hard on it."

Wang Heng didn't think too much about it, he didn't see much in the world, he only knew a few people on the Xiangjiang Rich List, he thought these people were big bosses,
"Well, I'm not angry when I lose money, but because I'm too greedy and use high leverage. I only get angry when I lose money. Obviously I should have won."

At the beginning, Wang Heng planned to leverage 2 times. Originally, Yanxuan b2b was just an appetizer. In his mind, the US stock market was the main meal. Unexpectedly, greed moved 5 times the leverage and was caught by others.

Otherwise, with 290 billion yuan and twice the leverage, let alone 70 yuan, even if it reaches 140 yuan, it will not be worthless.

"Hey! Who is not too greedy, I used 100 times leverage, and a wave was wiped out."

"Leverage is really harmful. I died on leverage, and my mind went from 50 times to 100 times."

...

The few people on the top of the building were talking about leverage, drinking, eating, and smoking. They didn't look like people who had lost money at all.

There is even time to entertain Wang Heng. Wang Heng is originally from the countryside. Everyone can eat, so he can eat it too, so he also added it.
As for Wang Heng's security guards in casual clothes, they stood on the four sides of the roof and did not join them.
After all, it was working hours, so naturally Wang Heng didn't know how to bark, so the three people on the top of the building barked once and didn't bark again.

Wang Heng was not curious about the leverage they said was 50 times to 100 times, although the stock market stipulates that the maximum leverage is 20 times,
However, many securities companies do not care about the regulations, and basically provide 50-100 times leverage,
Just like Merrill Matryoshka, it is obviously not allowed, and he still plays it anyway, so the regulations are the regulations, and the market is the market.

……

Yanxuan b2b did not stop rising because of Wang Heng's departure, and soon the stock price reached 69.95, which was only 70 cents away from 0.05.
For Merrill Lynch, 70 yuan is a benchmark, and it can expand its achievements and blow up Hengda, so it raised funds frantically,

Even the more than 200 billion guarantee deposit that Hengda gave to their company was used. For them, Hengda Investment has no bullets, and this money is theirs.
As for Hengda Investment, they sold 20 billion shares at an average price of around 56 yuan, and the funds from the sale reached 1120 billion yuan and were locked up in a third-party custodian bank.

The seal cannot be unblocked until Hengda returns 20 billion shares to Merrill Lynch.

What's ridiculous is that Merrill Lynch's third-party custodian bank is also Merrill Lynch Bank, so Hengda can't move, but he can.
It means that Merrill Lynch can use both Hengda's margin and financing sales funds.

Wang Heng looked at the hole cards and bet against Merrill, but Merrill directly cheated,

Of course, if Merrill Lynch wins this game, Hengda’s deposit will be all his, and the money from Hengda Rong’s sale will also be his.

As long as they use the funds from Hengda Financial Sales, subtract their costs, and then use the margin to make up more, they will make profits.
If Hengda wins, the 290 billion deposit will be fully returned, and 20 billion Yanxuan b2b stocks will be repurchased from the market and returned to Merrill Lynch.

If the stock price of Yanxuan falls to 10 yuan, 20 billion shares will be 200 billion, which is equivalent to Hengda's profit of more than 900 billion.

There is no need to worry about how to buy 7.6 billion shares with only 20 million outstanding shares in the stock market, because the contract period of securities lending is as high as half a year.
And by that time, Yanxuan b2b stocks will be completely unblocked, and there will be a lot of stocks,

And let Yanxuan expand its shares at that time, I am afraid that there will be no stocks.

How do start-up companies cut leeks? It’s not just wave after wave of share expansion financing. The total share capital of 10 billion shares can be expanded to 100 billion shares.

The time is up to 15:39, strictly select b2b,

Sell ​​five 69.95-2 lots,

Sell ​​four 69.94-1.8 lots,

Sell ​​three 69.93-5 lots,

Sell ​​two 69.92-8 lots,

Sell ​​a lot of 69.91-12,

Buy a lot of 69.90-10,

Buy two 69.89-10 lots,

Buy three 69.88-10 lots,

Buy four 69.87-10 lots,

Buy five 69.86-10 lots,

Merrill Lynch paid all the bills, and retail investors and institutions no longer dared to scramble for funds.

The sales orders are all from retail investors and institutions. It is obvious that Hengda has no bargaining chips.
Today is the last day of the trading day of the week. It is impossible for Merrill Lynch to continue to top the market in the second week.

So everyone accepts it as soon as it is good, fearing that Merrill Lynch will kill both long and short, so they all choose to ship,

As many as 2.6 million loose tickets did not allow Merrill Lynch to break through 70 yuan in one go.
Of course, this is also because Merrill Lynch has already secured the victory. In controlling costs, there is no brainstorm.

After all, with 2.6 million shares, every extra dollar costs 2.6 million yuan more, which is not a small amount of money.

At 15:40, the current price of Yanxuan b2b is 69.93,

15:41, 69.95,

15:42, 69.98,

15:45, 69.99,

At this time, everyone seemed to be fleeing.
More than 69.99 million hands were suppressed on the sale of 200,
At this time, all stockholders who pay attention to the battle between Merrill Lynch and Hengda can basically calculate Hengda’s liquidation line. If Merrill Lynch wants to explode Hengda’s position, it must break through 70 yuan.
If you don’t sell the stock to Merrill Lynch before Hengda’s liquidation, Merrill Lynch will definitely withdraw the funds after Hengda’s liquidation.
Then the stock price of Yanxuan b2b will directly avalanche, so everyone chooses to ship.

(End of this chapter)