Chapter 86 This is not an investment, this is making money
Aside from some of our unsuccessful attempts in the stock market during the Republic of China, we started to officially open the Shanghai Stock Exchange in mid-December 1990. As of now, the domestic securities market has only been going for 10 years.
As for Europe and the United States, they have been playing stocks for more than two centuries. Whether it is good or bad experience, we are far from others.
At this time, those who went abroad to study either stayed in developed countries to contribute, or were like Mr. Zhang from UBS Huabao, hang out in Hong Kong and Singapore, where the stock market was completely in line with the international market.
Because our Shanghai and Shenzhen stock markets are stock markets with Chinese characteristics and are not fully open to foreign capital, they are not very adaptable.
From this point of view, there are really not many people in China who really understand the international stock market, so most people do not know much about short selling and malicious shorting.
Maybe it's not easy to do it, many of the heads of securities departments of listed companies in central enterprises are not as experienced as Feng Yiping.
Around the 2008th year when the whole country was trading stocks, he picked up a few books from the bookstore and the piles of stock books and studied them, finding reasons for entering the stock market, and also for the possibility of losing money in the future - the result was that he lost a lot and made excuses.
He read those books quite seriously. While he was teaching literacy by himself, he also read many classic cases.
Among them is the perfect, successful, classic sniper battle about mobile. He watched it several times. Every time he saw it, he hated and scolded all kinds of people, hated the numbness of state-owned enterprises and the unscrupulous investment banks. Therefore, Feng Yiping may not be as clear as those traders about this matter and the specific process. But in the end, he was even clearer than those traders.
Short selling and malicious short selling are actually things that have been going on all the time. Those international investment banks have even shorted A-shares later. Now short selling is like mobile, and it should not be too easy to list a stock in Hong Kong, a completely internationally-connected market.
In addition, central enterprises have always maintained their own status and are steady first. Therefore, this time, they were played with by overseas investment banks.
Later, there were also many examples of successful counterattacks in China. For example, before Feng Yiping was reborn, Evergrande, a well-known domestic real estate company in Yangcheng, was targeted by Citron, a short-selling agency in the United States, and once sniped.
Similar to their short-selling mobile method this time, Citron also released a lot of misinformation first, such as insolvency and suspected fraud, which misled investors, causing Evergrande's stock price to plummet by 19.6% that day.
However, Evergrande responded quickly. Just one and a half hours later, it issued a clarification announcement and refuted one by one. Three hours later, the chairman of the company's board of directors led people to hold a conference call for securities analysts. It received support from many investment banks and finally won a defense battle.
However, now, it’s not necessary to worry about these things, Feng Yiping, a grass-roots citizen. Not to mention the loss of mobile phones, the key is that they are slapped in the face internationally, where does the relevant domestic departments put their faces? At this moment, they are probably learning lessons and trying to find ways to train relevant talents!
However, when it was just starting out, students would definitely not be able to catch up with the teacher, so most people should think that this matter has come to an end. It is estimated that few people can see that the next step that those traders are most looking forward to is coming as scheduled.
This is what Feng Yiping hopes for!
On Wednesday, Feng Yiping flew to Singapore at noon. This time, he was doing big things.
It's really a big deal. He will use more than one billion US dollars raised from his hands to long the Hang Seng Index futures.
Since it is the Hang Seng Index, why not do it in Hong Kong?
There are many reasons. For example, Hong Kong has restrictions on the number of Hang Seng Index futures contracts held by each institution, which does not meet Feng Yiping's idea of making a big deal.
Singapore is the largest OTC market in Asia, where companies also accept contracts worth hundreds of millions of dollars.
More importantly, if nothing unexpected happens, this will be a great harvest. If you operate in Hong Kong, Feng Yiping may have a title similar to "Stock God".
Whether in Hong Kong or in China, such titles are the source of trouble. Feng Yiping just wants to quietly take a ride-sharing and make quick money. He doesn't do anything about becoming famous.
As for how big can Feng Yiping do this time? Hang Seng Index Futures, the margin is less than 10%. Specifically, the leverage ratio is 16. Later I saw a sketch that said that playing mahjong can fly one billion, and this time, he can fly one million and one million and one million and one million and one million and one million!
Please note that the unit is US dollars!
The Four Seasons Hotel next to the Orchard Road shopping area in Shicheng is the central area. It takes only 5 minutes to reach the financial area. In the luxurious suite on the 20th floor of the top floor, Feng Yiping, who is following the customs, was wearing a local flower shirt, lying on the large sofa on the observation deck, staring at the computer screen.
With the Minister of Information and Industry, the mobile stocks have slowly rebounded in the past two days, but because the rebound is not too large, and the Hang Seng Index is closely related to the US stock market, some people even say that the Hang Seng Index first reflects changes in the US market, and then the local market changes. It just so happened that today, the US stock market fell slightly, so the Hang Seng Index did not rise much.
Feng Yiping eagerly looked forward to the arrival of December 1st.
On the evening of November 30, the news about the US stock market was not optimistic for most people. The Nast Index fell by more than 100 points, while for Feng Yiping, this is great news, which means that ordinary people would never imagine the abnormal changes in the Hang Seng Index tomorrow.
On December 1st, Singapore is in the rainy season. Today is a rare sunny day, with the lowest temperature of 24 degrees and a bit stuffy.
Feng Yiping got up early in the morning, ate a few pieces of bread absent-mindedly, and kept walking around the observation deck, looking at the computer screen for a while, and then at the city skyline.
Since the opening of the market at 9:45, mobile stocks have risen significantly, and by 12:30 noon, it has risen by nearly four percentage points!
Mobile's stock price rose sharply, driving the Hang Seng Index to rise by nearly 200 points!
Feng Yiping was so happy that he screamed in surprise. On a whim, he was still on the ground and flipped over two unsuccessful followers.
At this time, many people, like him, were also celebrating each other.
This is the second and last stage of the series plan for those traders who sniped mobile stocks, and the most profitable stage.
Short selling of mobile stocks is just the first step. Waiting for the mobile stock price to rebound and drive the Hang Seng Index to rise, thereby making profits from long-term Hang Seng Index is the second step and the ultimate goal of their plan.
Why does the rebound in mobile stock prices drive the Hang Seng Index to rise? Because since the second allotment in October, the total outstanding shares and total market value of mobile stocks have accounted for 1/4 of the Hang Seng Index. In short, it is to manipulate mobile stocks and can indirectly manipulate the Hang Seng Index.
After the market opened at 2:30 pm, as expected, Mobile's stock price continued to rise, and the Hang Seng Index also rose all the way. At this time, Feng Yiping's hands were red. By the end of 16 o'clock, Mobile rose sharply 7% today, and the Hang Seng Index also rose by 400 points abnormally!
Hearing the feedback that all futures contracts were delivered, Feng Yiping threw his phone casually, let out a strange cry, and started to roll on the bed.
So happy!
He has calculated this account many times these days. When the expectation became reality, he couldn't help but forget it again.
The Hang Seng Index is less than 20,000 points now, and the 50-point one-time contract is worth less than 1 million Hong Kong dollars, and the deposit is less than 60,000 Hong Kong dollars. All of his contracts have risen points at around 400 points, which means that the first-time contracts make a profit of about 20,000 Hong Kong dollars, which means that the profit is more than 1/3 of the 1.6 billion US dollars. Excluding various expenses, we will definitely earn 500 million!
Oh, a little added, the unit is US dollars!
This is not an investment, it is more like picking up money!
Those traders who have worked hard for at least half a year do not know as clearly as Feng Yiping. How much will the Hang Seng Index rise today? It is estimated that the combined profits are not as high as Feng Yiping.
However, although the $500 million seems to be a lot, it is still not very eye-catching for the trading volume of the Hang Seng Index of 100 billion Hong Kong dollars per day. In the large market in Singapore, it also splashed at most. Moreover, he carefully chose more than ten companies to trade, with an average of only tens of millions of each company.
So, there will be no consequences!
Feng Yiping felt again that he was always wandering when walking, and although the account was only one zero, it was a huge difference.
By the way, without considering those invisible wealthy families, if the mainland rich list disclosed by Forbes last year, the assets he now owns should be firmly in the top three, and he is in a position of two to one.
By the way, if other factors are not considered, private jets or something, you can buy one to play with now.
By the way, from tomorrow, he will go to UBS to do business, and his voice will be louder.
…………
Feng Yiping, who was so happy that he could not express his words, lay on the ground without feeling embarrassed at all. He looked around for the phone he had just thrown away. After searching for a while, he realized that he was so happy that he was confused. He smiled mockingly, dialed his phone with a landline, and finally found it under the sofa.
Then, starting from his parents, he called one by one. Of course, what happened today cannot be said, but this did not affect his enthusiasm and chatting happily with everyone for more than ten minutes. As for the international roaming fees that usually hurt, they were all left behind at this time.
My son is better than my father. After hanging up the phone, Feng Zhenchang asked, "Has Yiping done something big again?"
After sharing his unspeakable and thoughtful happiness with everyone, Feng Yiping, who was considered middle-class, had a blank mind. After being extremely excited, he was extremely tired and extremely satisfied. For a moment, he was wondering, can he stop working hard?
Then, he thought of his dream that had always been. For him personally, the money was huge, but it was still far from what he wanted to do.
"Keep working hard, Feng Yiping," he said to himself with his fist. (To be continued.)
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Chapter completed!