The Son of Finance of the Great Age

  Chapter 699 The First Hedge Fund (V)

   Tianyu Fund's fierce buying seemed to have deterred the entire market, so that in the next half an hour, there was no large sale order in the market.

   "The situation is not good, do they just retreat like this?"

While staring nervously at the board, Jiang Shan whispered in his heart, "It doesn't make sense. If they really are besieging us, then they must be planning the next wave of offensive. But so far, there is no Any movement, what are they waiting for?"

  Although there are doubts in his heart, Jiangshan still requires traders to be on the alert, pay close attention to the changes in the market, and at the same time put up defensive orders in the low position, so as not to be in a hurry and be caught off guard by the opponent.

  Because the opponent's behavior has been understood as a siege, Jiangshan has given up the plan to continue to raise the bond price, because any such move will encounter a fierce attack from the opponent. At this point, instead of taking the initiative to attack, it is better to wait quietly for the other party's next step, and then talk about it after seeing the trick.

After waiting for more than half an hour, the board was still in a calm state. Jiang Shan gradually became impatient, stood up and walked towards the bathroom, but when he was walking to the door of the bathroom, he heard a voice from the trading room. There was a loud noise, and Jiangshan was shocked, and the desire to urinate disappeared without a trace, and he pulled up his legs and ran towards the trading room quickly.

   "Here they come...Jesus!"

  Jiang Shan had just entered the door of the trading room, when he heard such an exclamation, he hurriedly sat back to his seat, looked at the screen, suddenly felt dark in front of his eyes, and almost spit out a mouthful of blood.

  The super sell order of 2 billion US dollars, a total of 2,000 lots of sell orders, neatly appeared in the sell column. Almost as soon as it appeared, the buyers were swept away, and the rate of return began to rise rapidly.

Not only that, not long after this super sale order appeared, another sale order of 2 billion US dollars appeared, and the two sales orders were hung at different price levels, guarding here like a gatekeeper, becoming a place that no one can surpass. The presence. Encouraged by these two super sell orders, the short side quickly sprung up with numerous sell orders, further fueling the rise in yields.

   During the flickering of the disk, the yield was approaching the 4% mark. At this price, the shorts were obviously active several times, while the bulls who were hit hard suddenly withered, there were very few buying orders in the market, and the yield curve quickly approached 4%.

  All traders were shocked when they saw a $2 billion sell order. Although this size of sale is not uncommon, it is generally done by sovereign funds or governments. Most importantly, at this sensitive moment in front of us, it is obviously impossible for a sovereign fund or government to make such a large-scale sell order.

  Traders are also aware that there may be trading behaviors that are unfavorable to Tianyu Fund in the current market, but they never imagined that this scale will be so large. At the moment when the yield curve was lifted up, most traders made an assessment of the selling amount, and the total value of the selling orders densely clustered around 3.8% was close to 5 billion US dollars.

  Provocation, naked provocation.

   What should I do? Jiang Shan glanced all over the house and found that everyone’s eyes were on him. He suddenly felt a rush of blood boiling in his body, and immediately shouted: "Brothers, fight with them!"

   Without what Zhong Shi said before, Jiang Shan would definitely not dare to take this idea. But now that Zhong Shi took the initiative to delegate power and decided on the direction, he naturally had to give full play to it.

   Tianyu Fund made another move!

  …

   An hour ago, inside the Quantum Fund.

   "They strike again!"

Rodney Jones looked at the falling yield line, shook his head and said with emotion, "In two days, without big institutions selling, small institutions sold a total of nearly 5 billion US dollars in bonds. It's their upper limit. Today should be their last siege, if it doesn't work, I'm afraid we're going to make a move!"

  "Small funds are small funds after all, with limited funds, and cannot be relied upon at critical times!"

  Soros also said with emotion, "Don't worry, let's wait and see. Pacific Investment Management should be unable to hold back and wait for their news. As soon as they make a move, we will follow up immediately."

   "This strategy is sound!" Rodney Jones nodded in agreement, but then looked at the board and said, "George, can you be sure that Tianyu Fund is taking over here?"

   "I don't know that!"

Soros smiled and waved his hand, "I can't explain the game here. It's like you said just now that small-scale funds currently have no bargaining chips, but how do you know that they are saving their strength and waiting for the next effort?" ?However, one thing is certain is that Tianyu Fund must be the main force to take over the order, and they have to do their best for the previous position. Otherwise, they will face an unimaginable huge loss. "

"Indeed, at this point, they have no way out." Rodney Jones felt the same way, "This is really a bit too scary. Even with the support of a huge amount of funds, under the siege of the market, they They can only be forced to admit defeat. Now it depends on when the management of Tianyu Fund will realize the fact that they have been besieged. If this time is too late, I am afraid that the entire Tianyu Fund will be implicated."

   "Implicated?"

Soros shook his head disdainfully, "No, nearly 90% of the funds in the Tianyu Fund belong to Zhong Shi himself, and among the remaining 10%, at least 99% follow Zhong Shi to the death. Yes. So even if there is a large-scale loss, they will not be liquidated. What we need to do now is to arrange other weighted positions of Tianyu Fund as soon as possible, and wait for the day when the news comes out, waiting to reap the profits Bar."

"what do you mean?"

   Rodney Jones clearly heard Soros's thoughts of being in a position to gain power, and a chill came to his heart. But after thinking about it, he realized that if the Quantum Fund fell into the same situation, I believe Zhong Shi would not show mercy.

   "That's right, cut the weeds and root them out!"

  Soros said with a ferocious face, "One day I don't destroy them, I can't feel at ease one day."

  After being defeated twice by Zhongshi, and having played with him several times, Soros hated Zhongshi even though he was broad-minded. Similarly, he knew that Zhong Shi would not let go of any chance to defeat him, and as far as the current situation is concerned, the status quo of Quantum Fund is much worse than that of Tianyu Fund.

  So no matter what, he couldn't let go of such an opportunity.

   "Put the message out!"

  Soros waved his hand decisively, and then said, "Let the trader release 2 billion chips first, and I don't believe that the old fox Gross won't follow up!"

  …

   "Has no one acted yet?"

   Just as Soros was gnashing his teeth at Zhongshi, Gross faced the disk, frowning, with a preoccupied look.

  Erian Muhammad waved towards the traders, and soon a thin trader came over, bowed his head and whispered in his ear for a while. Elian Muhammad pondered for a long time before replying: "It may be that the small and medium-sized funds realized that relying on their strength alone cannot shake a giant like Tianyu Fund. So after a round of selling After that, they actively chose to wait and see."

   Paused for a moment, he persuaded Gross: "Bill, it's time for us to take action and let them see confidence and strength."

   "Don't worry, wait and see if there are other funds to sell first!"

The old God Gross was there, not in a hurry, facing the east, and gave a meaningful glance, "I don't believe it, that one didn't make the first move! Compared with him, we don't need to be the first bird, you know The grievances between Soros and Zhongshi are well known to all."

   After two days of investigation, Gross has already figured out Soros' wishful thinking. Originally, these news were not secrets in the industry. Combined with Soros's previous performances, Gross could easily conclude that the other party wanted to treat him as the leader.

  Naturally, Gross, who is proud and arrogant, is unwilling to be easily manipulated by others. He secretly warned himself that he must be calm, and that Pacific Investment Management Corporation will only make a move after seeing the Quantum Fund make a move.

   It didn't take long for a super selling order of 2 billion US dollars to appear on the market. What followed was a rumor about Tianyu Fund buying a huge amount of 10-year U.S. Treasury bonds. Although the news came a bit late, under the deliberate dissemination of Quantum Fund traders, it quickly spread like light. The speed spread in the market.

   "They finally made a move!"

Gross slapped his thigh when he heard the words, and said excitedly, "Follow up, the same number as them, and express our support. Don't exceed this number, and don't expose our identity. Let others know that the main short sellers are not a That's it!"

The order was conveyed very quickly, and the traders of Pacific Investment Management Co., Ltd. moved very quickly. Just half a minute after the Quantum Fund's sell order appeared, another 2 billion US dollar sell order also appeared on the market, which directly wiped out the momentum of the buyer. Suppress it.

   At the same time, the time has come to verify the rumors about Tianyu Fund, and the entire market is watching. Everyone knows that this single huge sale order itself represents a kind of weirdness. If this can be digested, it means that the rumored situation is really happening in this market.

  …

"arrive!"

  Ten minutes after Jiangshan issued the order, the traders of Tianyu Fund forcefully pushed the yield curve to 3.8%, and here, two huge sell orders reappeared in people's vision. The traders took a closer look at the amount sold, and it did not decrease but increased, from the previous US$5 billion to US$6 billion. Obviously, new main short sellers joined in.

   "6 billion US dollars, is it necessary to use leverage?" Some traders asked.

  Although Tianyu Fund still has a lot of reserve funds, it is always a good thing to be able to use leverage in the face of such a huge transaction, at least part of the funds can be saved. However, for Jiang Shan, he would not do what Zhong Shi had ordered at a discount, so he immediately directed the traders: "Use your own funds to buy directly, don't worry about the funds, just kill them directly! "

  Traders are dumbfounded.

  At this time, market participants, or bystanders, saw a scene that shocked them greatly. The two sell orders that were originally placed side by side like two big mountains quickly disappeared under the strong impact of buying orders, like melting icebergs. There were more than 6,000 sell orders in the last second, and there were only 6,000 sell orders left in the next second. More than 5000 hands are placed, followed by numbers such as 4000 and 3000. A minute later, the two sales orders disappeared completely.

  This means that a total of 6 billion US dollars in sales orders have been fully digested. This also means that the rumors about Tianyu Fund supporting the market are true!

  The market exploded in no time!

In the subsequent transactions of this day, there was no such a huge trading volume again, and the short side, supported by such powerful news, burst out all its energy, and launched a hot pursuit attack on the short side in one go. In the end, the yield was stabilized at 3.5%, a full 15 basis points higher than the previous trading day.

   Thanks to the crazy book friends in the past two days, Xiao Yao, apo11o, the wind waiting for the mooring, making me think, and the flying fly for voting for the monthly ticket! When the busyness of one stage is finally over, before the busyness of the next stage comes, write a book with all your heart~!

  (end of this chapter)