noon

Hong Kong stock market reopens

The traders who have been waiting for a long time are already ready. Half an hour ago, Yang Chen explained the next action.

short

There is no doubt that although the bet this time is the same as the previous 10 billion, no more or no less, the risk has increased at least ten times.

The Hang Seng Index has been rising and everyone is buying. It is impossible for the Hang Seng Index to fall under normal circumstances.

The Hang Seng Index broke through the highest level in 1973, and the hearts of all investors were shaken. Regardless of retail investors or large investors, they firmly believed that the Hang Seng Index would continue to rise.

Including He Hongtao and others, Yang Chen was taking a huge gamble. If Yang Chenhao hadn't made billions in the past as a foreshadowing, everyone would have thought he was crazy.

Although everyone didn't understand using money to do things, they didn't question it. Yang Chen had already transferred the previous red envelopes to their accounts. Even if Yang Chen lost the money and worked in vain for several months, they wouldn't lose money.

"Uncle Tao, what is the Hang Seng Index?"

"1805 o'clock"

Yang Chen shook the newspaper in his hand, without raising his head, and said calmly: "At this point, we will start borrowing money. The contract period is the end of December."

"Let's get started."

Going short is no better than going long

To go long, you only need to buy at the lowest level and sell at the highest level. He has too much capital and it is impossible to sell at the highest level, so before, he could only sell at the highest level after 1,700 points.

Sell ​​early.

Short selling involves selling first and then buying. You find a broker to borrow the stocks and sell them to investors. Once the Hang Seng Index falls, all the investors will become leeks.

If the Hang Seng Index rises, then he is in trouble.

There is a time limit for short selling. When the contract expires, no matter whether it rises or falls, you will either deliver or close the position.

Under normal circumstances, small investors will only do long, that is, buy which stock will rise. There is no time limit. You can buy whenever you want and sell whenever you want.

When the market is bullish, everyone rushes into the stock market. When the market is bearish, everyone leaves crying and shouting.

As for short selling, most of them are large households, large institutions, and large financial groups.

Short selling requires a bank guarantee or third-party endorsement. Once a loss occurs and the contract cannot be performed, the guarantor bank and the third party will have to come forward to perform the contract.

Yang Chen now has several billion Hong Kong dollars in his bank account. As long as the Hang Seng Index does not rise to 3,000 points, he can afford to lose money.

Before, he was short-selling in France, which was short-term and the risk was relatively small, so Standard Chartered dared to provide him with leverage.

This time, he was shorting for several months. If it weren't for the billions in cash in his bank account, HSBC would certainly not have provided such leverage.

The risk of short selling is too great, and banks cannot afford to lose billions at once.

As soon as Yang Chen's words came out, all the traders began to get busy.

As before, all traders are looking for large investors, and small retail investors are not considered.

With 10 billion funds to allow retail investors to take orders, the entire Hang Seng Index might collapse.

Today is Friday, the last day of the week.

The Xiangjiang stock market is not open on Saturdays and weekends, so as soon as Yang Chen places a small order, it will be sold out instantly.

The upward trend of the Hang Seng Index is very strong now. The big investors who unanimously believe that this is a big bull market are really as bold as they want to be.

This time Yang Chen did not limit the number of traders. The big players could sell as much as they could buy. No matter whether the other party was long or not, as long as he sold the order, the money would naturally come to him.

What he is playing is not a betting contract. If others cannot pay back the money, he will not receive the money.

Even if the other party is long, it was bought with real gold and silver. If the stock market falls and the order in the other party's hand cannot be sold, then it is none of his business.

The phone kept ringing in his ears. Yang Chen squinted his eyes, lay on He Chaoqiong, and directly regarded the noise in the room as a lullaby.

Huo Jianhuang finished his meal as early as noon and left.

He came here today to work as an accountant for Yang Chen. After completing the task, he naturally needed to go back and do his own business.

Knowing Yang Chen's true strength, Huo Jianhuang became more motivated and prepared to let the secretary's office figure out the affairs of Yang Chen's company as quickly as possible.

Regarding the matter of short selling, Yang Chen naturally did not let Huo Jianhuang get involved, even if the other party had already guessed what he wanted to do, but no one could guarantee this kind of thing without exact information.

Moreover, Huo Jianhuang now relies on Yang Chen for food. He has a twenty-year labor contract and a proper deed of betrayal. Once Yang Chen falls, he will follow him. Even if Huo Jianhuang knows about it, he will not be stupid enough to spread the news.

go out.

In the afternoon, the exchange closed, and Yang Chen and others also stopped trading.

After going to the toilet and coming back, He Hongtao and others were still counting data. Yang Chen didn't bother him. He walked to the window edge and looked at the dense flow of people below.

In his previous life, he had never been to a bank in the city, not to mention standing in the HSBC Building and looking down at the crowds below.

Looking at the crowd flowing below, Yang Chen felt an indescribable feeling in his heart.

If you have the guts, everything is under control.

Turning your hands over becomes clouds, turning over your hands becomes rain.

Everyone is small

He was the only one who stood tall and could see far.

How, how lonely it is to be invincible.

Invincibility is so, so empty.

Alone at the top, hot wind blows constantly.

‘Hey, what’s the hot air?’

Yang Chen was intoxicated in Master Xing's mermaid, when suddenly a hot wind hit him, interrupting his thoughts.

open your eyes

"Hee hee" beside him, He Chaoqiong was staring at him with a smile on his face, his eyes full of mischief. She had seen Yang Chen in this state many times with her father, and she knew exactly what he was thinking at this time.

He Chaoqiong found this kind of thing of interrupting other people's pride very interesting and amusing.

I glanced at the window. The originally closed glass window was opened at some point, and the hot air from outside kept blowing in.

Yang Chen still didn't know what was going on.

Fortunately, He Chaoqiong arrived just in time. As soon as he thought of the song (How Lonely Invincible Is), he had an involuntary urge to dance along with it.

Thinking of Deng Deng's exaggerated movements, although it is very touching, but if he really jumps out at this time.

Needless to say, it is a shame and a loss of fortune.

He turned around and looked at He Hongtao, who was nearly two meters away from He Chaoqiong. He glanced at the data sheet in his hand and said, "Have you finished the statistics?"

"The statistics have been completed, boss." He Hongtao stepped forward quickly and handed the data list to Yang Chen.

"We sold a total of three billion orders in the afternoon, of which two billion were purchased by several companies..."

When He Hongtao spoke, his lips couldn't stop trembling. When they placed the order, the Hang Seng Index continued to rise. By the close of the market, it had risen by five points.

Although five points is not much, it is still a large amount based on the huge amount of money Yang Chen invested.

If the Hang Seng Index continues to rise next week, then Yang Chen will lose more and more. If the Hang Seng Index does not fall, the contract period, five months, is enough to make all their previous work in vain.

The main reason why He Hongtao was excited was that he was frightened by the three billion deal. With such a large amount, outsiders took it as soon as they were told.

If it weren't for time issues, maybe they could sell all their orders today.

Crazy, just too crazy.

After looking through the data, Yang Chen handed the list to Junzi on the side and asked him to put the data away.

Then, he said to everyone: "Thank you for your hard work today. You go back and change your clothes first. I will treat you all to dinner in the evening."

Today is Friday and the stock market is closed tomorrow and the day after tomorrow, so you can have fun and take advantage of the two days of closure to have a good rest."
Chapter completed!