Rebirth 1990: The beginning is sweet and cool Bai Yueguang
Chapter 724: Catching a Bigger Fish
But these disputes did not affect the traders, who still strictly followed Pierce's orders.
Tang Junnian saw some clues from this, and Yi'er was undoubtedly a master manipulator.
As Pierce said, there is a strict hierarchy within the United Fund. Although Ir has a high position, he is still under the jurisdiction of Pierce.
She was unhappy with Pierce's decision, but she could do nothing about it.
"A new round of attacks is coming!" Tang Junnian said in his heart.
Lin Fang reported the market dynamics in a hurry. Although he tried to stay calm, he could not hide the fear in his eyes. Twenty stocks in the market were being sold off fiercely. In just ten minutes, almost all of them were close to the limit down, dragging down the entire Hong Kong stock market. The sudden decline was so fast and strong that everyone was caught off guard.
Hong Kong seemed to have lost its vitality in an instant. Investors looked at the index on the screen, which kept falling, and their hearts were filled with despair. The consortium began to withdraw its purchase orders, which was tantamount to announcing that it had given up resistance.
Faced with such huge selling pressure, it is meaningless to continue to hold on, and the chances of winning are slim. However, as the defense line led by the Hong Kong government collapses, who can step forward to save this shaky stock market and economy?
Zhou Qi showed an unusual calmness at this moment. He stared at the computer screen, his mind completely focused on the situation at hand. Suddenly, he gave Lin Fang an order: "Log in to the main account, you take over."
Lin Fang was stunned. He knew that his ability was limited. In this battle of hundreds of billions, any decision could affect the outcome. He felt the pressure on his shoulders was as heavy as a mountain, and he was almost crushed. "Can I do it?" He asked himself in his heart, and he was so nervous that he almost cried.
"Do as I say." Zhou Qi didn't have time to explain. Seeing that Lin Fang was still hesitating, he urged him sternly. Lin Fang came back to his senses from the shock and entered the main account information Zhou Qi gave him with trembling hands.
The screen clearly showed 280 billion yuan - this was the total amount of money that Li Guangyu, Yang Shuo and Zhou Qi had jointly operated. In the previous operation, they cleverly helped Li Zhaoji create a false image and attracted the funds of retail investors. Not only did they not suffer any losses, but they also made a small profit. Now, this 280 billion yuan will be their last bargaining chip.
After Zhou Qi handed over the main account to Lin Fang, he logged into a special account - this was the core account of Li Zhaoji's company and the main force used by the joint team to stabilize the market. He quickly closed the decentralized authorization and created three sub-accounts through three computers. Li Jiaxin witnessed all this, full of surprise and worry. She realized that this man was shouldering the responsibility of changing the fate of the Hong Kong stock market.
Zhou Qi noticed her gaze, smiled gently, and pointed to one of the computers. Li Jiaxin understood and took over the operation of one of the sub-accounts. As the commander-in-chief, Lin Fang stared at the market and said nervously, "The index has fallen to 6630 points. Mr. Zhou, what should I do?"
As soon as the words fell, the index fell another 10 points. Zhou Qi frowned and decisively ordered: "Build a position! Lock it at 6610 points. In addition to the four major sectors, all other top ten stocks should be purchased with heavy money. Use all authorized funds!"
280 billion to resist the selling pressure of billion? This is simply a pebble hitting a rock. Even if you avoid the four major sectors and choose stocks that are easier to pull up, as long as the other party has strong funds and hits back, all the investment may be wiped out. Is this a willingness to sacrifice in order to awaken the government's determination? This courage is admirable.
However, only Zhou** realized that this action was not simply to set up a defense line, but to set up a chess game to lure the enemy in. His calculation was that when the Hong Kong index was suppressed to 6610 points, the opponent's 280 billion funds would be almost gone. If they wanted to continue to suppress the index, they would need to invest more capital. This was a carefully planned counterattack, aimed at using billion as bait to catch bigger fish.
The other side has already started selling, trying to push the market down.
Once they take the bait of 280 billion, they will be in a passive situation. The next question is how to catch this big fish. But there is a key point: the total funds of the other party do not exceed 2000 billion.
This is a big gamble!
The index fluctuates within Zhou Qi's forecast range:
6625 points... 6617 points...
The downward trend of the Hong Kong stock market has gradually slowed down.
6610 points!
At this time, 280 billion funds were injected into the market.
Lin Fang was very busy, carrying out the orders given by Zhou Qi. Who said that the commander was just talking? He was the first to disagree with this statement.
With the intervention of this huge amount of funds, the pace of stock market decline has slowed down significantly.
"Ok?"
Pierce pulled away from Il, sweating profusely, his eyes fixed on the market, his brows slightly furrowed.
"Damn it...keep going..."
Just as I was about to step up his offensive, he suddenly found that Pierce had left and was very dissatisfied. However, Pierce had no time to care about it, as his attention was completely focused on market changes. The originally high emotions quickly cooled down.
Pierce received the news that the defense line should be set at 6500 points, not the current 6610 points. Huo Yongnian's plan was to withdraw funds at 6540 points and then control the market in one fell swoop. But the current situation disrupted his deployment, and the atmosphere of danger became stronger.
If you withdraw now, it will be the safest option, but it will result in a loss of at least 40% of your profits.
"How much available funds do we have in our account?" Pierce asked.
"Persia, there are 478 billion left." The subordinate replied.
More than $1000 billion has been invested in an effort to drive the market down and increase short-seller profits.
After thinking for a moment, Pierce ordered: "Sell 100 billion each of the four major sectors, then turn around and add 200 billion to eat up the opponent's small-cap funds."
This strategy is designed to disrupt the opponent's rhythm while protecting one's own interests.
In the stock market, once the situation was perceived to be bad, they quickly withdrew funds from the four major investment areas. The first step was to sell off stocks worth 10 billion, which seemed to be a strategy to cover up the shortage of funds.
If the opponent sees that we seem to be "short of money", they are likely to seize this seemingly perfect opportunity and make additional investments to try to lock our funds in the market. In this way, we can use the remaining 40 billion funds to withdraw in an orderly manner while looking for opportunities to counterattack. In the end, we may not only withdraw unscathed, but also put the opponent's funds in trouble. We can even wait until all funds are safely withdrawn, and then suddenly exert pressure and give a fatal blow.
Soon, the news came: "Mr. Zhou, the other party is selling stocks in four major areas on a large scale, and the amount has quickly risen to 10 billion. At the same time, 20 billion funds are confronting our capital head-on."
Lin Fang said excitedly: "It seems that the other party's capital chain is tight, and they have to sell off to recover cash. If we invest a large amount of money now, we can trap the other party's hundreds of billions of funds, and they will have to pay a heavy price if they want to withdraw."
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