Rebirth 1990: The beginning is sweet and cool Bai Yueguang

Then, the previously laid-out Xiang stocks and borrowed constituent stocks were quickly sold off, which instantly put the Xiang Xiang stock market under triple pressure: shaken market confidence, increased capital outflow, and external shocks. Under such circumstances, the stock market is prone to collapse and the index falls sharply. The financial storm brought about by the bursting of the international Internet bubble made the situation even worse, making it difficult for the already fragile market to withstand the pressure, causing the index to plummet.

Speculators used the short position strategy in the futures market to make huge profits. Every time the Hong Kong index fell a little, they could earn a profit of 30 Hong Kong dollars for each short position. From more than 8,000 points to 5,000 points, a short position could earn more than 100,000 Hong Kong dollars. Such operations are like a poisonous snake biting a person. Every transaction tore a piece of meat from the Hong Kong economy, which is frightening.

The cause of all this was not obvious at the time. Even people like Li Zihong were confused, not to mention Lin Fang and his team. After all, many things can only be seen clearly after the fact. If it was foreseen in advance, how could the unit stand idly by? Now, although the international situation seems optimistic, small problems in the financial market are gradually being exposed. Suddenly, Lin Fang nervously reported: "Mr. Zhou, Shengbang Technology's stock price has fallen by more than 3%."

Zhou Qi quickly checked the situation of Shengbang Technology and found that a large number of stocks were being sold. He immediately decided to open a short position with a target of 7700 points. Although the market was still rising slowly, the team was accustomed to Zhou Qi's contrarian operation style and executed his instructions without hesitation. Everyone understood that a big drop was coming.

As expected, five minutes later, the market experienced violent fluctuations.

The stock market suddenly began to experience a chain reaction, like knocked-over building blocks.

"The share price of Sitong Trading plummeted, with an astonishing selling volume, and the decline reached 4%!"

"Xiefeng Company followed closely behind, falling 6%!"

This is not an isolated phenomenon. From manufacturing to services, there have been massive stock sell-offs across industries. And these stocks that have been sold off have one thing in common - they are all components of the market.

Li Zihong stared at the data on the screen, his eyes full of surprise.

Zhou Jianli knew that things had begun to develop as expected. The fuse had been lit, and although the real storm had not yet fully arrived, the tense atmosphere of yesterday was once again spreading. Those investors who followed the trend inadvertently became part of this market turmoil.

Just 330 minutes later, a loud bang seemed to break the silence. The Hang Seng Index, a giant, seemed to have been blown off, and plummeted points in an instant. The market was in an uproar, and everyone held their breath, not knowing what would happen next.

call--

The room was completely silent, with only the sound of people gasping for air. According to Zhou Qi's prediction, everyone already knew that the stock market would fall, but when the moment actually came, everyone still felt a chill.

Three hundred and thirty points! It was like falling off a cliff, the speed was amazing. You know, yesterday the market fluctuated all day and only fell by more than 400 points. And now, it has fallen so much in just a few minutes. What does this mean?

Stockholders sat in front of their screens, their eyes fixed on the numbers that kept turning green. The red and green that had once held a glimmer of hope had now almost completely turned into a frightening green. "Two... four... ten..." Stocks plummeted one after another, and funds withdrew like a tide. Everyone was filled with fear, eager to sell their stocks, even at the cost of a loss.

However, it was too late. In such a panic, who would consider buying at the bottom? Who would be willing to be the buyer? The trading screens were filled with sell orders, the number of which was dizzying. As a result, the already fragile market fell sharply again.

Bang-bang--like the aftermath of a bomb explosion, the entire market suddenly turned green and collapsed completely. Panic quickly swept the entire city. Didn't the experts say that the situation would get better? Why did everything suddenly change?

For ordinary people, the words of experts are like the North Star in the night sky, guiding the direction. But now, this "North Star" seems to have lost its position, and the helplessness and fear are beyond words.

The company had to hold an emergency press conference to try to calm the panic in the market. At this moment, the face issue had long been forgotten. The most important thing was to stabilize people's hearts and avoid greater chaos.

The government promised to quickly roll out emergency policies to try to revive the stock market and stabilize the economy, but those words paled in the face of the losses already incurred.

Citizens were talking about it in the streets and alleys, and disappointment and dissatisfaction filled the air. Even if some people prayed for God's blessing, they could not stop the continued decline of stock prices. The Hang Seng Index fell below the 8,000 point mark, and the decline widened from 330 points to 700 points, and the decline showed no sign of stopping.

The turmoil in the stock market has left many investors in despair, believing that the market has no chance of turning around. Those who bet on an increase have suffered heavy losses, while the few who were bearish on the market have been handsomely rewarded.

"Report the situation." Zhou Qi said calmly.

"Mr. Zhou, we made 6.5 billion this morning!" Lin Fang reported excitedly. "To date, our total profit has reached 13.5 billion."

Li Zihong and Yang Cheng were amazed. It was incredible to achieve such a result in half a day - not only did it surpass the entire day's income yesterday, but it also meant that huge wealth was being created every second.

Zhou Qi gently rubbed his brows, closed his eyes for a moment, and then announced: "Today's transaction ends here. According to the usual practice, each person will receive a bonus of 10,000 yuan. Everyone, have a good rest."

The team members looked at each other, as if they couldn't believe their ears. They thought Zhou Qi would continue with the afternoon operation.

"It's about to hit the limit down..." Zhou Qi added lightly.

As everyone was shocked, a trader suddenly shouted: "More than 500 stocks have hit the limit down!"

This news instantly attracted everyone's attention and confirmed Zhou Qi's prediction.

On a green stock market screen, the number of stocks that hit the limit down exceeded 500. You know, there are only about a thousand stocks in the entire Xiangxiang Stock Market.

Before anyone could react, the numbers flashed, and the limit down number had climbed to 600! Then, the entire market also began to limit down. People turned their heads to look at Zhou Qi in astonishment, as if they could find the answer in him. He was like a mysterious wise man, always showing extraordinary abilities when people couldn't understand.

As the market crashed, Xianggang seemed to be shrouded in a heavy cloud, and the air was filled with uneasiness. Soon after, Li Zihong's phone kept ringing, with urgent inquiries from company executives and friends. This stock market crash made everyone feel the crisis. In the face of such a situation, communication and cooperation became the key to survival.