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MTL - The Son of Finance of the Great Age-Chapter 971 Early bailout (4)
Chapter 971 Early bailout (4)
"What's the matter with you?"
After the meeting, only Zhong Shi and Gao Dongfang were left in the conference room. After the absence of outsiders, Gao Dongfang no longer put on airs. He questioned Zhong Shidao angrily, "Do you know that we are sitting in the same boat now? Also, did you tell me that the short sellers are using linkages in the two markets?" Why don’t you agree to jointly attack the two markets now?”
His face was flushed with anger, and he even rubbed his hands and stamped his feet when he spoke. It seemed that he knew that he was very angry.
"Also, you have to be clear, if this bailout is not successful, you may have nothing to lose, but I will lose points in front of the leaders, and it may have an important impact on my future. The two of us are friends, how can you make trouble at such a critical time? I...I'm going to be so mad at you!"
He casually picked up a document in his hand, and planned to throw it on the clock stone. This is the way he often lectures his subordinates. But as soon as he raised his arm, he suddenly realized that Zhong Shi was not his subordinate, and this document must never be dropped. Fortunately, he reacted in time, took advantage of the situation and slammed the documents on the table, stood up and walked to the window, crossed his hips and looked outside, panting heavily.
Gao Dongfang always believed that Zhong Shi would stand on his side unconditionally. Who wouldn't want the other party to defect so coldly that his situation would suddenly become extremely passive. This feeling of betrayal made him very uncomfortable.
"Finished?"
Zhong Shi didn't mind much, walked up to the other party with a smile, took out a cigarette case from his arms, handed one to the other party, and offered to light the cigarette for the other party, "Have you calmed down now? Can you listen to me calmly?" ?"
After the smell of tobacco circulated in his lungs, Gao Dongfang's feverish mind finally calmed down, and he nodded silently, as a response to Zhong Shi's words.
"The reason is very simple, this amount of funds can't save the market at all."
Zhong Shi's light words made Gao Dongfang turn pale with fright, he choked in panic, coughed violently, managed to calm his breath, stared at Zhong Shi with rounded eyes as if watching a ghost, and waited. Following the other party's explanation.
"Don't look at me like that."
Seeing Gao Dongfang's appearance, Zhong Shi was not used to it, so he curled his lips and said, "Now the total market capitalization of the stock market is around 50 trillion, and even counting only 10% of the tradable shares, that also has a total market capitalization of 5 trillion. You want to leverage this part of the assets with a mere 300 billion funds, isn't it a bit too idiotic?"
"this…"
Gao Dongfang's aura suddenly shrank, and after a long while of lips, he said hesitantly, "No matter how much money is needed, we must at least use this part of the money in the right direction, don't we?"
"According to my estimation, this part of funds can leverage part of the funds on the sidelines in the market, but it is far from being a short opponent."
Zhong Shi shook his head slightly for Gao Dongfang's face-saving approach, and continued the topic just now without saying anything, "Who is involved in the short-selling now? Foreign-funded institutions, hedge funds, certain brokerages , even including some ambitious retail players. It is easy for these people to spend hundreds of millions or billions. How much money can the retail investors we influence pay? Even if they believe in us, if the stock market One or two more dips, and I'm afraid their confidence in us will crumble in no time."
"So what we can do now is to show the market a tough stance, that is, the rescue funds have entered the market with great fanfare, and this kind of tough performance can only be shown in the individual stock market. Because if the two markets are linked. , firstly, we don’t have so much funds, secondly, it is very likely that we will become the target of hunting immediately, do you understand this reason?”
If it were another person, Zhong Shi probably wouldn't even explain the reason for this "fight against battle". However, he was quite patient with Gao Dongfang.
"this…"
Gao Dongfang is not dull, he understands the truth after a little thought. Still a bit embarrassed, he asked, "So what do we do next? I mean after your first step is done?"
"Let's talk about the next thing later."
Zhong Shi patted the other party's shoulder speechlessly, "If the other party is very sensible, they should leave the market with the current profit, so that we don't have to continue the following operations. But if the other party still doesn't stop, then we We can only raise funds for the next round and prepare to start a formal war with them."
…
July 6th, after confirming all the details of the rescue strategy, the plan to buy individual stocks, and the brokerage channel used, the rescue funds officially entered the countdown, and they were ready to enter the market at the right time.
The traders brought by Gao Dongfang, Guo Zhongye, Li Bin, and Liu Ping were all sitting in their seats, waiting for the trading order. About fifty traders gathered in the entire trading floor, and they were divided into several teams in an orderly manner, responsible for the financial sector, manufacturing sector, infrastructure sector, energy sector, and military sector.
In these sectors, there are dozens of companies with a market capitalization ranging from 10 billion to 100 billion. These companies can affect 60% of the index. Of course, these companies are carefully selected, including state-owned companies and private companies, but no matter which company is the leader in the industry.
The stock market in the last trading day experienced another 225-point drop, down 5.77%. The stock index once approached 3600 points, and finally closed at 3686 points.
As soon as the market opened on Monday, benefiting from the news that the national team might enter the field, the stock market rebounded quite a bit. It opened with a figure of 3975 points, which not only wiped out all the losses of the previous trading day, but also approached Passed the important mark of 4000. Traders rejoiced at the news, gearing up to push the index to 4,000.
Soon they were disappointed. When this kind of market is rising, it is impossible for rescue funds to enter the market. What they need is to appear when the market is plummeting and stabilize the mood of the entire market.
Although there was no order to operate at the opening, the opportunity for traders soon came: the market fell shortly after a short-term rise.
The opening index is the highest index in one day, and the short-term positive will not be able to change the recent market trend. After entering the free bidding stage, the index plummeted and began to dig deeper.
On the general index constituent stocks, there has been a large number of sell-offs. At the same time, among the small and medium-sized market capitalization stocks, several stocks with a market capitalization of tens of billions have shown a strange sudden decline curve. This kind of market has appeared several times in the time-sharing market Online, and every time the result is no exception, it is a big drop.
The index soon fell below 3900 points, and continued to move towards 3800 points.
"It may be that some people who have been trapped are taking advantage of today's rebound to unwind. At the same time, some institutions are taking the opportunity to suppress the stock price. After all, the rebound is so high that it is not a good thing for their futures contracts."
After seeing this market, Gao Dongfang thought for a while and came to such a conclusion.
"I don't want to know the specific reason, I just want to know when we enter the market?"
Li Bin smiled slightly, and rarely refuted Gao Dongfang. Perhaps the previous victory had satisfied him, and he felt that it was a bit too much to force Gao Dongfang at this time, so he echoed uncharacteristically, "In this case, analyze what causes it. It’s meaningless to drop sharply, you just need to know when to make a move.”
"Cannot be lower than the closing number of the previous trading day!"
Gao Dongfang didn't even think about it, and gave an accurate answer, "Regardless of whether it will fall to this number today, or whether it will eventually be higher than this number, within half an hour of the final closing, we will show the market our strength." .”
He wants to clearly tell the market that the government will not sit idly by the current stock market.
The others were shocked and didn't say anything more.
Before the market closed at noon, the stock index finally fell below 3800 points after several fierce battles and entered the range of 3700 points. However, compared with the previous trading day, there is still a range of nearly 100 points, so there is no time to enter the market.
But in the afternoon, the situation changed suddenly, and the index suddenly began to decline at an accelerated rate. For unknown reasons, the selling force in the market suddenly increased. It took only an hour for the index to fall from 3799 to 3700, and all sectors fell. situation, and dozens of stocks have experienced limit-down situations.
There is still an hour of trading time to come. If there is no strong support, the stock index is likely to fall below the 3686 points of the previous trading day.
This also means that the benefits brought by the so-called "national team entry" will be completely obliterated by the market.
"Is it time to act now?"
Facing this historic moment, Gao Dongfang became visibly nervous and kept pacing back and forth, as if thinking about something. On the other side, Li Bin and the others also looked solemn, staring at the board motionlessly.
The moment it officially fell below 3,700 points, Li Bin finally couldn't sit still, and asked Gao Dongfang, "It has already fallen below 3,700 points. If you don't make a move, it will really become a joke of the market. If you want For Liwei, it's now."
"What do you think?"
Gao Dongfang did not answer immediately, but turned to look at Zhong Shi who had been silent all this time, "Do you want to act now?"
At this time, he did not forget to ask Zhong Shi for advice.
After seeing this scene, Li Bin seemed to understand something. He squinted his eyes and kept looking at Zhong Shi, but his eyes became erratic, and he didn't know what he was thinking.
"Since you have set the bottom line, you haven't reached that point yet, so you need to wait patiently!"
Zhong Shi nodded noncommittally.
His attitude made Li Bin's complexion change again.
"Ready to enter, shield soldier!"
After hearing Zhong Shi's words, Gao Dongfang seemed to be relieved of a heavy burden. He immediately became energetic and said loudly to many eagerly awaited traders, "The moment it falls below 3680, everyone Put up a buy order for me immediately, no matter what, I will let the buyer place our buy order at ten prices, and form a shield soldier to attack the seller."
The so-called shield soldiers are to place pending orders with different numbers of hands at each price, and absorb the seller's chips one price after another. Although the number of hands at each price is different, they are all pending orders with relatively large hands. Because of the large number of hands, some people vividly compare them to soldiers holding shields.
This kind of buying strategy is to tell clearly and unmistakably, buy with confidence and boldly, and we have the bottom line below.
While speaking, the stock market index had already approached 3680, and all the traders acted immediately, and the crackling sound of typing on the keyboard sounded almost at the same time, forming a grand and wonderful sound wave.
Just before the traders were all ready, in the blink of an eye, the index fell below 3680 points.
"Papa..."
There was another sound of rapid typing on the keyboard, this time it lasted longer, because the price level has changed, and some traders need to revise the highest price as soon as possible. However, for traders who are familiar with the road, these changes do not take too much time, and soon rows of "shield soldiers" appeared in the market.
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(end of this chapter)