Rebirth of the Wild Age

The exchange has closed, but many people hang on.

Some people lost their souls, some went mad at their peak, some cursed, some laughed wildly... everywhere was a mess.

The situation on this day was unbelievable. First, it rose sharply by 3 yuan, and then suddenly dropped by 4 yuan. Regardless of whether it is a long side or a short side, as long as the people involved are in the abyss of liquidation in turn, it is like playing a roller coaster game collectively.

The retail investors who had lost all their money roared and cursed Wanguo Securities for its illegal operations. Liao Guofa actively contacted the Shanghai Stock Exchange with non-Shanghai private capital forces, wanting to ask for an explanation, but China Economic Development Corporation simply broke the mess to the sky.

Shall we go, or stay? Zheng Xuehong asked.

Song Weiyang smiled and said, Anything is fine.

Chen Tao said: Don't laugh, okay? I only lost 300,000 with Lao Zheng, and you alone lost more than 20 million!

There is no result yet. Song Weiyang kept smiling.

It's useless, said Zheng Zhong. It's not that this kind of thing has never happened. Last year's Baoyan turmoil, Bao'an's registered capital was only 0 million, and the funds used for hostile acquisitions reached 80 million. The policy stipulates that credit funds And illegal lending funds can not be used to buy and sell stocks, Baoan is a serious violation. But the result? The China Securities Regulatory Commission only fined Baoan 1 million, and at the same time announced that the acquisition is valid.”

Song Weiyang shook his head and said, It's different, one is petty theft, and the other is murder and arson.

Strictly following the policy, whether Song Weiyang asked for a bank loan to speculate in futures, or borrowed money from Xifeng Company to speculate in futures, it was a malicious violation. Not only him, this futures battle, except for the small retail investors, most of the other participants violated the rules and the fighting was too fierce, and it was impossible to get so much money through formal channels.

Song Weiyang and many other participants belonged to petty theft, while Wanguo Securities was directly killing people and setting fires.

Zheng Zhong has been a trader for two years. He spread out on his seat and said, Gold belt for murder and arson! I will resign tomorrow. It's too scary to do this.

You bought up too? Zheng Xuehong asked.

I was buying and selling a few days ago, and I also played a few games. When I saw the good news today, I made long orders for the rest of my net worth, Zheng Zhong shook his head and smiled bitterly, It's more than 100,000 yuan!

Song Weiyang stood up and said, I'm going back to school first, there's still class tomorrow.

Zheng Xuehong and Chen Tao were reluctant to leave, they didn't have much to lose, but Song Weiyang suffered a lot, and they wanted to stay in the exchange to help Song Weiyang see the result.

After Song Weiyang left, Zheng Zhong asked, Is this Mr. Song still studying?

Well, a college student. Chen Tao said.

That Song Weiyang of Xifeng? Zheng Zhong asked.

It's him. Zheng Xuehong said.

Zheng Zhong sighed in admiration: As expected of a young hero, thanks to more than 20 million eyes, he can still laugh.

Chen Tao asked: Mr. Zheng, the China Securities Regulatory Commission should deal with Wanguo Securities, right?

It's hard to say, Zheng Zhong said, shaking his head, We will definitely deal with it, but we don't know the scale of the deal. We are only fined how much Wanguo Securities is. We are still at a loss. I guess, Wanguo Securities is betting on this. If they don't Short selling in violation of the regulations will cost at least billions of dollars. Short selling in violation of the regulations, as long as the higher-ups admit the transaction results, they are willing to be fined 000 million.”

Zheng Xuehong and Chen Tao were speechless, and there was only one way out now, which was to declare the operation in the last eight minutes invalid by the Securities Regulatory Commission.

In fact, apart from the vast number of retail investors today, the main three parties are all operating in violation of regulations.

CEK has mastered the inside information in advance, and knows the exact announcement time of the favorable policy, which is like playing with everyone after seeing the cards.

Leaving aside the behavior of Liao Guofa’s betrayal of its allies, it has been selling short in violation of regulations since the beginning of the morning.

Wanguo Securities was even more powerful. Before the market opened in the afternoon, it went directly to the Shanghai Stock Exchange to ask for a market suspension. After being rejected, he quickly made preparations to flip the table, that is, in the last eight minutes, he frantically threw out more than 20 million empty orders, and at the same time asked his subordinate sales department's trading seats to take long orders. Because it was a sudden attack, the computer automatically matched the transaction speed at 800 transactions per second. Although the Shanghai Stock Exchange was aware of someone's illegal operation, it had no time to take any measures to stop it.

The three-party melee, plus the follow-up of retail investors, today's treasury bond futures transactions on the Shanghai Stock Exchange alone reached 850 billion yuan, equivalent to one-fifth of China's GDP last year.

Make too much trouble, if you don't pierce the sky, there will be ghosts!

Countless people who broke their positions and ruined their fortunes refused to leave because of the Shanghai Stock Exchange. Waiting until ten o'clock in the evening, the exchange suddenly announced that the abnormal transaction in the last 7 minutes and 47 seconds was invalid. The trading volume of treasury bonds on that day was 540 billion yuan, and the closing price of 327 varieties on that day was 530 yuan.

Based on this closing price, Wanguo Securities suffered a huge loss of 500 million yuan and was on the verge of bankruptcy.

And most of the retail investors who can go directly to the rooftops to follow the trend and buy up are promoted from hell to heaven, and everyone has made a lot of money, and the entire exchange is chanting Long live.

Amid boundless cheers, Zheng Zhong said in disbelief: We won?

We won, we won! Zheng Xuehong picked up her mobile phone and called the paging station. The message to Song Weiyang was only two words: I won!

Chen Tao laughed and said, I knew Dr. Ma would definitely not make a mistake!

Zheng Xuehong walked outside to the trading hall, and saw countless people hugging and reveling together, hats, leather shoes, documents, clothes, shoes... all kinds of things were thrown up, making the hall a mess.

Hahaha, Zheng Xuehong laughed loudly, this situation can be reversed, and I will listen to Dr. Ma in everything from now on. Dr. Ma told me to go east, and my old Zheng will never go west. He is not only good at thinking, but also Born with great luck!

You just know, Chen Tao said, Go for a walk, go back to rest first, and drag Dr. Ma out tomorrow to celebrate.

The staff of the exchange came to clear the venue again, people left happily, and there were people everywhere calling for friends and companions, drinking and celebrating. Of course, there are also some people who lost their minds and just lay on the spot unable to move. Riding the roller coaster once was enough to stimulate them. They even rode twice, and finally overturned and died.

Song Weiyang, Chen Tao, and Zheng Xuehong's petty fights were nothing, and the combined profits of the three did not exceed 25 million yuan.

On this day, many billionaires were born, and some even became the richest man in the province, but the end was almost not very good.

On the second day of the 327 treasury bond incident, the Shanghai Stock Exchange issued an urgent notice on the supervision of treasury bond futures trading and introduced six regulations including implementing a daily limit system for treasury bond futures. Three months later, the China Securities Regulatory Commission directly canceled the treasury bond futures varieties. Half a year later, the person in charge of the Shanghai Stock Exchange was dismissed and punished.