Reborn, you call this an honest person?

Chapter 231 Black Monday
As the subprime mortgage crisis in the beautiful country slows down the global economy, the risk is increasing,

In addition, the economic stimulus plan launched by the beautiful country last week did not satisfy the market. In addition, the market is worried that the subprime mortgage crisis in the beautiful country will continue to deepen.

Then on the 21st, the global stock market fell sharply, and collectively encountered "Black Monday". Some of the stock markets had the largest one-day drop since "2001" in 9.
The Xiangjiang stock market is that part of it. The entire stock market has fallen across the board, and the most serious decline is Yanxuan b2b.

From 9:30 to 10:30 for an hour, Hengda Investment did not do any operations,

Watching the stock price of Yanxuan b2b opened from 66.52, then plummeted, falling to 42.02 yuan in an hour,
Merrill Lynch spent all its energy to push up the price, and it came back in a wave, and it continued to fall.

And Wang Heng didn't spend a penny of the funds prepared,

In the entire office of Hengda Investment, everyone excitedly watched the stock price of Yanxuan b2b plummet,

One by one excitedly took the calculator and rattled to calculate the profit,
Wang Heng did not expect such a good thing as Black Monday. Of course, since the money was borrowed, he would definitely use it.
Come and don't go indecently, don't take advantage of the victory to pursue at this time, when will come,

Wang Heng stood up and said,
"Everyone, don't worry about Yanxuan's b2b. Get me Merrill Lynch. Isn't he a $1700 billion company? Give me a bite of him."

After Wang Heng finished speaking, a trader said with a smile,

"Boss, Merrill Lynch is a US stock. Their time is 12 hours later than ours, and the market will open at 21:30 in the evening."

Wang Heng was also excited for a while, and forgot about it. Of course, he didn't care about being pointed out by the staff, so he continued,

"Okay, everyone, work harder tonight and work overtime for Merrill Lynch."

"Damn Merrill!"

……

Being suppressed and beaten by Merrill Lynch not only made Wang Heng angry, but also the employees of Hengda Investment Company.

Now that defeat has turned into victory, everyone is inexplicably excited,
Different from the joyful songs and laughter of Hengda Investment, Merrill Lynch was in chaos at this time.
The funds they had prepared to continue fighting with Hengda Investment were blocked by the head office.

Black Monday has appeared around the world, but fortunately, the time in the beautiful country is 12 hours later, so they have time to prepare,

Compared with the size of Merrill Lynch, Yanxuan b2b is far behind, and now the general situation is gone, so Merrill Lynch immediately cut off its tail to survive, and all funds were collected in the beautiful country to resist Black Monday.

That's why Yanxuan b2b's share price plummeted.
Merrill Lynch was the only one who paid for it, but now that he is the only one who paid for it, it naturally caused panic selling.

In addition, Merrill Lynch did not block the opening of securities lending, which resulted in all the stocks they opened positions being sold out by securities lending.

So now we carefully select 2 million b7.6b tradable shares, all of which are on the sell order.

Securities lending is calculated after the transaction is successful.

Therefore, these institutions are desperately smashing the market with the stocks of Merrill Lynch,
If the 65 yuan cannot be sold, it will be listed at 64 yuan.
If the 42 yuan cannot be sold, it will be listed at 41 yuan.
Kuang Kuang Kuang smashing all the way down,

At this time, who cares about your cents, basically a dime, a few cents, or even a price of one or two yuan,
Then strictly select b2b, all the way down 38 yuan, 37 yuan, 36 yuan...

Institutions for securities lending and short selling are to sell stocks and make a deal to make money. In addition, the lower the price, the greater the difference in the price of the stocks they sold on the previous Friday.

So no brains smashed,

In addition, a group of retail investors who watched the movie, because of greed, did not have time to ship on Friday, and now they are stuck.
Watching the stock price fall all the way, I can only grit my teeth and cut my flesh.

How can the meat-cutters keep up with the speed of short-selling by institutions in order to make money?

These retail investors finally made up their minds to mark the delivery price, and then the current price broke through a new low in a while, challenging the tolerance of retail investors time and time again.

……

Today's opening can be described as attracting a lot of attention, especially Yanxuan b2b, because of Wang Heng's loan, and these bigwigs also deliberately took the time to pay attention,

Ma Yun of Yanxuan Group silently looked at the k-line chart on the computer. Now the stock price of Yanxuan b2b has dropped by two-thirds, falling to more than 20 yuan.

Hong Kong stocks do not have a lower limit. Once the stock price in the range exceeds the fluctuation limit of the last trading price 5 minutes ago, the market adjustment mechanism will be triggered and a 5-minute cooling-off period will begin immediately.

However, this cooling-off period cannot stop the avalanche. On the contrary, waves of cooling-off periods have caused many people to lose their cool-down.

Everyone is crowded in an escape route, you tell me to calm down?
Yanxuan b2700b with a market value of 2 billion has become a thing of the past in just one morning, and now it is only 900 billion.
And Ma Yun knew in his heart that Yanxuan b2b couldn't even keep the market value of 900 billion, so he glanced at the computer again and Ma Yun couldn't help but say,
"Fuck Wang Heng, even God helps him, he can meet Black Monday, and this is someone else's Black Monday, for him, it might not be Golden Monday."

……

Bernie Horse of Tencent Group was also stimulated,

"Fuck, this fucking guy is sure to win every bet, anyone who wants to bet with him again is a fool."

Last time Wang Heng wanted to bet against Bernie again, but then Bernie refused to accept the offer. Now that Wang Heng has such luck, he doesn't want to bet against Wang Heng anymore.

Turning into the boss, he just glanced at it and didn't pay attention. He continued with his work, as long as he knew whether Wang Heng won or lost, he didn't care how much Wang Heng won.

……

When the market opened in the afternoon, the stock price of Yanxuan b2b fell below 20 yuan and reached 18 yuan.
Although he knew that Yanxuan b2b would fall below ten yuan in the end, but at this time Wang Heng accepted it when he saw a good deal. Hengda still has a bigger place waiting,

Therefore, the traders of the entire company waited attentively for Li Wei's command,
"Sell one 18.10 to sell ten 19.20, all ten stalls are matched."

Following Li Wei's order, ten positions with a total of 2 million shares were wiped out by Hengda Investment.

Hengda has sold 20 billion shares of Merrill Lynch. Although there are not so many stocks in the stock market,

But he can pay it back bit by bit. After all, he can pay it back at any time during the six-month cycle.
Moreover, since Merrill Lynch opened his mouth, it is difficult to bet on it. Merrill Lynch can't do without playing now.
Just when everyone looked at a super large order and thought that there was a dealer coming to buy the bottom and sit on the dealer,
Then at the price of 18.00 yuan, a sell order of 200 million lots was smashed, and my heart was cold for a while,
Securities lending can only be calculated by selling it. Basically, half of the 2 million shares that Hengda brokered were sold by institutional securities lending.

So from 19.20 to 18.00, some already have a profit of 1.20,

However, when encountering this kind of opportunity, how can 1.20 yuan be enough, so few people settled their profits, and continued to follow Hengda Investment to smash down the market,
Then the 2 million lots of 200 million shares that Hengda Investment just sold did not get traded, so it doesn’t count.
By the way, the funds that Hengda is currently operating are not borrowed by him, but the more than 1000 billion funds of securities lending Merrill Lynch,

Hengda Investment has matched and settled 2 million shares, and the price difference earned from the returned 2 million shares can be used. Of course, cash withdrawals will have to wait until the next day. Although the Hong Kong stock market is in the t+0 mode, stocks can be bought on the same day and sold on the same day, but The funds in the account must wait for one day to be settled before withdrawing cash.

(End of this chapter)