Time passed slowly in a tense and solemn atmosphere.
"The stock market is open, and now it's in pre-market trading hours, with smaller trading volumes, but greater price volatility. "Inspector A reported the situation as soon as possible.
The pre-market trading time is the warm-up before the official trading starts, which generally takes 30 minutes.
During this time period, there are relatively few trading participants.
As a result, the volume of transactions in the market is smaller.
Due to the smaller trading volume, there are relatively few buy and sell orders in the market.
This can lead to more intense price swings.
In the case of a small trading volume, on the one hand, a smaller buy or sell order may have a large impact on the market, resulting in instantaneous price fluctuations.
On the other hand, due to the small number of trading participants and low market liquidity, the matching of buy and sell orders in the market may not be as smooth as during the official trading hours.
This can also lead to high price volatility.
During pre-market trading hours with low trading volumes, price fluctuations caused by transactions may be greater due to fewer buy and sell orders and lower market liquidity, so more caution is required.
"Funds enter the market, first buy blue chips. Huo Qixuan said.
Several operators immediately conveyed Huo Qixuan's instructions.
In these thirty minutes, there will be no big trading volume.
The main reason is that there are still relatively few participants in the transaction, and the trading process will not be smooth, so everyone is waiting for the market to become active.
With the continuous reporting of the five observers, during the warm-up period, seven relatively large foreign-funded securities firms entered the market, and Huo Qixuan asked them to stare at these seven securities firms.
Little by little, time passed.
After the warm-up period ended, the stock market became active and the trading volume gradually increased.
"According to the report, there are three foreign securities firms that are selling blue chips, with small trading volumes, and all of them are small sell orders. "Trader B reports the situation.
The so-called small sell order means that it is not enough to attract the attention or disturbance of the market, but when the selling volume gradually accumulates into a large number of sell orders, it will far exceed the market average.
But Huo Qixuan would not give them a chance to accumulate strength, so he said:
"Buy all those blue chips, and we will take as many as they sell. "
Everyone did it!
"According to the report, there is movement in the foreign exchange market, and there are three foreign securities firms selling Hong Kong dollars, which are still small sell orders. Observer C spoke.
Fok began to buy Hong Kong dollars with foreign exchange reserves and deposit all these Hong Kong dollars in banks, which had already received orders from the HKMA to raise the interest on the loan to prevent a large outflow of Hong Kong dollars again, and to prohibit those currency speculators from shorting the Hong Kong dollar.
These are all early temptations, the stock market and the foreign exchange market will not engage in such a large trading volume at once, speculators are waiting for more leeks to enter, the more leeks, the more they earn.
The real crisis is a few minutes before the market closes.
During this time period, they will be full of firepower, smashing the market frantically, and not giving the Hong Kong government time to react, once the reaction is slow, before the market closes, the Hong Kong government will not be able to buy the stocks they have sold, and the stock price will fall rapidly, which will cause turmoil in the stock market.
In addition, choosing a large number of sell-offs before the market closes is also a way to protect profits, and selling stocks before the market closes can avoid losses caused by falling prices.
Therefore, Huo Qixuan only had a few minutes of reaction time.
Once it slows down, those foreign devils will make a lot of money, and the stock market will lose a lot.
During this period, he can only predict which stocks those foreign investors are going to sell through various market analysis and judgment, and set a precise closing line, so as not to give them the opportunity to make profits, and it is best to firmly trap them in the stock market.
There is no doubt that blue-chip stocks must be ready to be sold by speculators, so as long as there is a transaction to sell blue-chip stocks in the market, Huo Qixuan will buy them.
As for other stocks, they can only rely on their own analysis and prediction to make preparations for early acquisition.
Huo Qixuan listened to the observers' constant reports, and methodically instructed them to set the high and low floating values of a certain stock.
"For a long time, it was up 29.3 and down 11.6. Hongji, up 23.6, down 15.9......" Huo Qixuan said the value of the closing line while thinking.
The operators all looked at Huo Qixuan in disbelief, and then quickly relayed his instructions.
Chen Lin, Lin Jiaqi and the others glanced at each other, and they all saw the shock in each other's eyes.
Especially Chen Lin, he felt that it was outrageous.
That's what this kid did in the first place?
Lock in the stock in advance, and then set the closing line for this stock.
The question is how does he know that the other party will sell this stock?
And how do you know the closing line of this stock?
None of this is known.
Could it be that Huo Qixuan has an informant on the other side?
No, the other person is here, and I don't see him communicating with the people outside. (If you read a violent novel, go to Feilu Novel Network!)
Chen Lin felt like he had a lot of brain cells dead.
He decided to wait and see, wait for a few minutes after the market closes, and see if Huo Qixuan's prediction was correct.
It would be terrible if he was really blinded by him.
This means that there are no loopholes in the rules of the stock market, and it is fair.
The problem is with people!
Thinking of this, Chen Lin's eyes flickered.
He felt like he had found an amazing guy.
Lin Jiaqi also has the same idea, after seeing Huo Qixuan's operation, he determined that the stock market rules he formulated did not allow people to exploit big loopholes.
All the problems are in people.
He, like Chen Lin, was waiting for the last few minutes before the market closed.
The hardest thing to deal with Soros is in just a few minutes.
In these few minutes, it is exhausting and too late to react to the huge trading volume to be completed, but now, Huo Qixuan directly used the ability to predict and lock the stocks that may be traded in advance, as if he already knew the transaction results.
The two deputy governors of the mainland central bank looked at each other with expressions as if they had seen a ghost.
With the deepening of Fok's command, more and more securities firms began to join the HKMA's operations. They are only responsible for executing orders, but they are very tacit in their strategy when asked about the HKMA's strategy.
After all, this is the fate of the whole of Hong Kong Island.
"$200 million to buy Languan, $100 million to buy Yingke. As soon as Fok Qixuan finished saying this, the Financial Secretary suddenly said, "No!"
Huo Qixuan was stunned for a moment, and looked at Financial Secretary Tang Jiahui in surprise, the other party was looking at him with a complicated expression, and said: "12 billion, all spent, are you sure your prediction is accurate? "
Deng Jiahui was very nervous, very nervous.
But he hid this emotion very well, if Huo Qixuan's prediction was wrong, the 12 billion would be lost, this was the last bullet of the Hong Kong government, and Huo Qixuan took it to buy 66 stocks, as well as all the blue chip stocks.
Chen Lin looked at the two vice presidents of the Bank of China, the two vice presidents nodded slightly, and one of them took out the phone and dialed it to explain a few words.
He is getting Chinese securities institutions to lend money to the Financial Department, which is foreign exchange reserves from the mainland.
The vice president put down the phone, and then said to Huo Qixuan:
"You still have 10 billion dollars in your hand, keep going!".
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