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February 28 is Saturday, this day is a rest day, and the stock market is closed.

However, this day is the delivery date for 90% of the short orders on the market. According to the agreement, Soros, these shorts, must purchase the stocks they borrowed from various securities companies before 23:59 tonight. And return it to these securities companies.

This is undoubtedly a big end for all shorts. Their stocks have long been thrown out as a cannonball to suppress the stock market, and now they have to repay the debt, and they can only buy again from the stock market, but The prices are on average about 100% higher than their original stock prices.

And money may not be able to buy. After all, when the entire stock market is fully bullish, many stockholders will just cover their stocks, hoping to grow back. You count on them to sell stocks, which is very difficult.

Including Soros, although these shorts have been buying stocks frantically these days, they have gained little. In the end, they only got back about 30% of the stocks, and there is still a 70% gap left.

In other words, they have no stock to return to various securities companies.

According to the regulations of the securities company, the securities company will use various short positions to mortgage their assets for the irrecoverable part, and settle accounts according to the stock price on the day of settlement.

For example, Soros borrowed 100 million shares with 10 billion US dollars, and the price per share was 100 US dollars.

But now the stock has risen to $200 per share, Soros cannot return 100 million shares. Then, at the price of $200 per share, each securities company will convert all the $10 billion that Soros has pledged there into 50 million shares to offset the debt.

But it’s not over. Soros will still owe the securities company $10 billion in debt. If you add the interest rate on the stock borrowed before, it will be $10.5 billion.

And every time Soros delays paying the debts by one day, he has to calculate a day’s liquidated damages, and this liquidated damages is calculated upwards, and every day is an amazing interest of tens of millions of dollars.

If Soros still does not pay it back within a certain period of time, then the securities company has the right to apply for liquidation of all the assets of Soros’s Quantum Fund to make up for their losses.

That is to say, if Soros does not make the account, the entire Quantum Fund will be ruined, so in any case, Soros, even if he is smashing the pot, he must pay the account before the final settlement deadline of February 28 Calculate clearly.

Of course, it is impossible to liquidate the Quantum Fund.

Soros borrowed a total of US$30 billion in stocks. He has been desperately buying these days and has regained about US$10 billion in stocks. These stocks can all be returned to the securities company, so there is still US$20 billion. The left and right stocks cannot be returned, and the current price of these stocks has risen to about 40 billion U.S. dollars. That is to say, after paying off the stocks, Soros has to return 40 billion U.S. dollars to the securities company.

However, Soros still has about 15 billion U.S. dollars in cash at the same time, and the cash he pledged to the securities company is 30 billion U.S. dollars, so Soros only needs 11.2 billion of the 15 billion U.S. dollars in his hand (including 1.2 billion U.S. dollar interest) and then directly handed over to the securities company, and then count the 30 billion US dollars pledged, the accounts of the securities company can be settled.

But at this time, Soros’s total of 30 billion US dollars of funds will lose a full 26.8 billion, and only 3.2 billion is left. It can be said that the loss is stupid.

What is even more tragic is the international hot money. They enter the game later than Soros and exit later than Soros, which means that the cost in their hands is much higher than Soros.

This has led to the vast majority of international hot money, even if it is not enough to pay all the costs invested in, they have to sell more of their assets to pay off their debts. Many Chief-In-Charge of international hot money is said to have jumped directly. .

Just die, death ends all one’s troubles.

But Soros has already died once, and it is meaningless to die. He can only do everything possible to reduce his loss.

It is said that on the night of the 27th, Soros stayed in the hospital bed for a day without anyone. On the 2nd day, Soros disappeared in the ward miraculously. No one knows where the boss went.

Only the Young Lady at the front desk of Japan Great-Thousand knows that at about 9 o’clock in the morning, when the entire company just started to work, a man wearing a thick trench coat and sunglasses, but with white hair, was particularly conspicuous. The old man appeared at the front desk of the company.

“Hello, Old Mister, what can I do to help you!” Some curiously asked at the front desk.

This is the first time this receptionist has seen such an old man in the company, because the business of Japan Great-Thousand generally does not involve old people.

“I want to meet your chairman Jia Yapeng!” The old man said neatly.

“Hello, Mr. Jia is the chairman of our Great-Thousand Group, but…”

“I know he is not here, he is at XG now, but I have already bought the plane ticket in 1 hour, and I will arrive at XG in 4 hours. I hope you tell him that I will be at XG Repulse Bay Longhua Road xxx invites him to drink tea, please come over!” The old man said neatly.

“Old Mister, you may not understand, I am impossible…” This front desk is a bit stupid. She has been working at the front desk for so long, and she likes to arrange for others, but she has never seen it!

“You told him that it was his defeated Soros who invited him to dinner!” The old man sighed, then took off his sunglasses and revealed his face, revealing his somewhat haggard and pale face.

“Who is Soros?” As a result, the front desk asked stupidly, almost not directly pissing off Soros who was so imaginary.

——————————

“What did this Old Guy come to do with us? I want to retaliate directly with military force!” Zhu Qiushui was shocked when he received the news, and then said to Jia Yapeng, “Husband, you still don’t go, or let someone else You take a trip!”

“Impossible, people in our position will not use this method, otherwise it will cause no end of trouble!” Boss Jia laughed “Furthermore, Repulse Bay is my site, the villa he said, In fact, it’s next door to us. I will let people go in and control the whole villa!”

“Aren’t you rushing into the residence?” Zhu Qiushui was taken aback for a moment.

“Yes, so the guy who broke in would pay the bail obediently and honestly. It’s not expensive, it’s only a hundred thousand Hong Kong dollars!” Boss Jia said with a smile.

“Okay…” Hearing that Boss Jia’s words were obviously illegal, Zhu Qiushui could only shook his head helplessly, but he couldn’t be negligent about safety. For safety, it’s worth doing too much.

“Do you know why Soros is looking for us?” Zhu Qiushui asked again curiously.

“Probably guessed a bit!” Boss Jia counseled his shoulders and said, “Don’t worry, this time is a good thing, I wish he would come!”


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