Rebirth of the Financial Crisis Sweeping the World

  Chapter 487 487 Cutting leeks gain 8 billion!

  The Hang Seng Index has started a new round of skyrocketing because of Zheng's investment company's liquidation!

  5 minutes later, it skyrocketed by 110 points, rising from 19,790 to 19,900!

  After shaking at the 19900 position for 3 minutes, it continued to rise!

  7 minutes later, it rose to 100 points again, rushing from the 19,900 position to the 20,000 position!

The   20000 position here is a very important psychological threshold. The shorts in the market here are more and more panicked, stopping losses and cutting meat one after another!

  Many short-term bulls in the market are becoming more and more nervous. For fear that the Hang Seng Index will encounter heavy pressure here, resulting in a great loss of their profits, these short-term bulls have also closed their positions and left the market with profits!

  The two hedged in the market, and the market suddenly fell into chaos.

  The Hang Seng Index fluctuates at a high speed of dozens of points above and below the 20000 position!

  Zheng Yuanfeng was paralyzed on the stool at the moment, his eyes bursting!

  His breathing is heavy, and his heart is dripping blood!

  The assistant stayed aside frustrated, silent.

  The other traders in the trading room are also discouraged and look hesitant.

  "How much money did we lose this time?" Zheng Yuanfeng wiped the sweat from his forehead with his hand. He didn't know how much money was lost this time, and he didn't dare to think about it.

  The assistant hurriedly said: "Boss, this time we lost a total of 5 billion, and there are about 1 billion of funds left in the account."

  The short position of 200,000 lots of Hang Seng Index in their account, the average opening position is 19,390, a fluctuation of one point is a profit or loss of 10 million, and the average closing position is about 19,890. A total of 500 points have been lost, and a loss of 5 billion!

  When Zheng Yuanfeng heard this, he was stupid!

  Unexpectedly, they lost 1 billion more funds due to liquidation!

  His heart is so painful!

  The whole person leaned on the stool lifelessly, and his whole body was shaking. He didn't say a word. Looking at the distant sky price through the window glass, he had a thought to commit suicide, but this thought passed away in a flash!

  He panted hard and said: "You all go out, I want to be quiet"

  Now that the last 1 billion funds are left in the account, he thinks about how to face the next thing!

  This time, the Zheng Group suffered heavy losses.

  Before, the Zheng’s consortium was miserable by the Heishan Group. It finally mobilized funds to make money on the Hang Seng Index, but this time it was directly exhausted.

  5 billion funds!

  6 billion, 5 billion is left, and the loss rate is as high as 83%!

  It is simply too difficult to make 5 billion Hong Kong dollars back from the remaining 1 billion Hong Kong dollars.

  Zheng Yuanfeng has no confidence!

  ···

  At this moment, in the black shirt center, in the trading room, Wang Guanxi watched the Hang Seng Index fluctuate around 20,000 for a long time, but still did not continue to rush up, so he ordered: "Start liquidation!"

   After a pause, he reminded again: "Close all the long orders before the afternoon market closes!"

  "Yes, BOSS!" Everyone immediately began to liquidate their positions!

  The 400,000-lot long list of the black shirt hedge fund began to close, hitting the market!

  Because they closed their positions, they turned from long positions to short positions!

  Hang Seng Index turned and fell!

  After 15 minutes, the Hang Seng Index fell by 100 points!

   fell from the 20000 position to the 19900 position!

  "Stop first!" Wang Guanxi called for the liquidation immediately!

  Closed 100,000 long positions, and the Hang Seng Index turned around and fell by 100 points. If the position continues to be closed, unexpected things may happen to the Hang Seng Index!

  Now the Hang Seng Index has become very weak, and there are not so many buying orders to receive liquidation orders from black-shirt hedge funds!

If the 100,000-lot long list is closed, the Hang Seng Index may fall by more than 150 points. In order to minimize the loss of profits, Wang Guanxi intends to wait and see the market first and let the short-term longs in the market enter the market to buy the bottom. They are the pickers!

   "Let the retail investors enter the market to buy the bottom, let them pick up at a high position!"

   "Let these retail investors support the Hang Seng Index at 19900!"

  ····

  At this moment, Standard Chartered Bank, HSBC, Hang Seng Bank... and many other securities companies' trading floors!

  Many retail traders watched the Hang Seng Index drop by 100 points, and suddenly felt that the opportunity to enter the market was coming!

  To know that the Hang Seng Index has soared so many points today, it is extremely strong. It rushed from the 19,600 position to the 20,000 position, a full 400 points, and it has only fallen back by 100 points. It is a very normal phenomenon!

  It happens to be bargain hunting at the 19900 position!

  Following Hang Seng Index will definitely continue to rise above 20,000!

   "Why, buy 100 lots!"

   "Do 200 hands!"

   "Labor and capital come to 500 hands!"

   "600 hands!"

   "800 hands!"

   "1000 hands!"

  ···

  Many retail investors have entered the market to buy the Hang Seng Index. Even the short-term longs who had previously made a profit at the position of 20,000 have also seen the opportunity and entered the market to do more Hang Seng Index!

  So the Hang Seng Index was supported above the 19900 position!

  Many retail investors immediately felt relieved, just waiting for the Hang Seng Index to rise!

  ··

  At this moment, the black shirt hedge fund, the trading department, Wang Guanxi looked at the closing of the market soon, and then ordered: "We are closing 100,000 hands!"

   "Yes, BOSS!" Everyone was excited and began to liquidate their positions!

   Soon the Hang Seng Index fell below the 19900 position and started a big drop!

   fell to the 19800 position at the close!

  The black shirt hedge fund closed the long list of 200,000 lots of the Hang Seng Index, and there are still 200,000 lots of long list left in the account!

  ···

  And those retail investors who entered the market at 19900 to buy the Hang Seng Index were all trapped!

  All of them gritted their teeth with hatred!

   "Is it, what's the matter?"

   "Labor and capital hate it!"

   "Hiss, plummet before closing!"

  "Will the market open tomorrow, will it continue to fall?"

   "Damn the main force!"

  ···

  Time passed by. On Wednesday the next day, Wang Guanxi came to the black shirt hedge fund early.

  In the trading department, Wang Guanxi instructed: "We will close 100,000 hands at the opening! This time, slow down! Boil retail investors in warm water!"

  There are not many buying orders in the market, and the trading volume is also small, so it is not easy to close the position on a large scale!

If the Hang Seng Index falls on a large scale and the Hang Seng Index falls too fast, it will make the retail investors who bought the bottom at a high level yesterday psychological panic. Once they stop their losses and cut their meat, they will accelerate the Hang Seng Index plummet, which will make the black shirt hedge fund lose a lot of profits. , So you have to slowly close your position and let the Hang Seng Index slowly fall!

It's like a big pot with a lot of frogs. The firepower of boiling water should not be too high. If the water temperature rises too fast, these frogs will jump out, but the water temperature slowly rises, even if the frogs are boiled to death. Jump out of the pot!

   "Yes, BOSS!" Everyone was extremely excited!

   Soon the Hang Seng Index will open!

  Everyone closes dozens of hands at once!

   or hundreds of hands!

  Under the slow liquidation of black shirt hedge funds, the Hang Seng Index slowly fell by 100 points!

  ··At this moment, many retail investors look gloomy on the retail trading floor of Standard Chartered Bank!

   "Oh, I'm deeply trapped, what should I do?"

   "Me too, the account loss is serious!"

   "Oh, labor and capital are so stupid. I shouldn't go to hunt down the bottom yesterday, but I copied it on the top of the mountain!"

   "Damn it, it dropped another 100 points at the opening today!"

   "It should have fallen to the end today!"

   "I will definitely not fall again today!"

   "Really, continue to add positions!"

  Because the Hang Seng Index plummeted by 100 points before the close yesterday, many retail investors were trapped!

  Slowly dropped by 100 points at the opening today!

  Now many retail accounts have serious losses and are in jeopardy!

  They are still looking for reasons to comfort themselves, and continue to take it!

  The shorts outside the market are watching and dare not enter the market and sell short!

  But there are many short-term bulls who have seen the Hang Seng Index drop so much, and have entered the market to buy the Hang Seng Index!

  ··

  Time slowly passed. When Wang Guanxi watched the Hang Seng Index drop to the 19700 position, there was no big drop, but was supported at the 19700 position. It seems that the support is very strong!

   Obviously there are many longs entering the market to buy the Hang Seng Index!

  Looking that the morning session is about to close, there are quite a lot of buying orders in the market, and it just happens to be able to receive the order!

   So Wang Guanxi said immediately: "Close the remaining 100,000 long long lists!"

  "Yes, BOSS!" Everyone immediately began to liquidate their positions!

  Under the liquidation of the black shirt hedge funds, the Hang Seng Index plummeted by 80 points in 10 minutes!

  Finally closed at 19620!

  The black shirt hedge fund also just closed all the long lists!

  This time the closing of the position was very smooth, because there are funds to receive the order along the way!

  Those retail investors don’t mention how miserable it is!

  And the 400,000 long positions in the black shirt hedge fund account this time, the average position is 19,820, and a total of 400 points have been gained, making a total of 8 billion!

  Wang Guanxi smiled as he watched the net worth in the black shirt hedge fund account as high as 18 billion!

  The result of this 8 billion battle is not small. If calculated according to the exchange rate, it is also more than 1 billion U.S. dollars.

   Immediately he distributed 3 billion of funds to the parent company Heishan Group, leaving 15 billion Hong Kong dollars.

  (End of this chapter)