Six hundred and seventeen chapters end price
"Boom~~~" The entire Stock Exchange Hall suddenly became much noisy.
Seeing Chen Hongtao put down the phone, Evan hurriedly approached and said loudly: "Boss, there seems to be something wrong with the foreign exchange market. The contact exchange rate between the US dollar and the Hong Kong dollar has been shaken. From 7.8 to 7.9, someone is selling the Hong Kong dollar to buy the US dollar, causing the depreciation of the Hong Kong dollar."
"I understand. Keep a close eye on the liquidation of futures indexes and we will take it if you have it." Chen Hongtao calmly gave Evan a response.
"The Hang Seng Index hit a new low today again, reaching 2632. According to the 2743 points closed yesterday, the decline exceeded 100 points. The positions in the market are no longer able to bear it, and there are signs of panic and selling in the market. "Megan said with a serious expression from the front.
Before this, although Chen Hongtao had some estimates of the decline of the Hang Seng Index, he did not expect that someone would want to make the idea of impacting the Hong Kong financial market.
"Boss, could it be those guys who are doing it? We exchanged 300 billion Hong Kong dollars through major investment banks, and the exchange rate of the US dollar to the Hong Kong dollar should have declined. According to the principle, the Hong Kong dollar should appreciate, but now after we exchanged Hong Kong dollars on a large scale, the Hong Kong dollar is depreciating. This is really abnormal." Evan looked cautious and did not dare to be careless at all.
"It seems that I want to target the entire Hong Kong financial system, and it's really crazy!" Chen Hongtao's smile made Evan's face look a little strange.
"We have exchanged 300 billion Hong Kong dollars now. If the currency market collapses, the loss of the depreciation of the Hong Kong dollar alone cannot be underestimated. Hong Kong's foreign exchange reserves are not many now. If there is no external intervention, it may be difficult to resist the impact of those who are interested." Meghan reminded solemnly.
"It's really not easy to live a stable life!" Chen Hongtao couldn't help but smile on his face when he thought of the old man's roar on the phone.
"The Hang Seng Index has reached 2628 o'clock in the actual trading, and the decline of the stocks of Changjiang Industrial is still amplifying..." Evan glanced at Li Jiacheng and others in a sneaky way, and said to Chen Hongtao in a low voice.
"Boss, the long positions of the futures index index, Grace and Udora, have added margin. Now the selling positions of the Hang Seng Index futures contract is almost a joint force formed by bearish institutions in the market. There is probably no large amount of liquidation." Meghan said after taking a call.
"Mr. Chen, what should we do now?" Guo Bingxiang, chairman of Sun Hung Kai Properties, was already anxious at this time.
He glanced at the active main short-term institutions opposite the trading hall. Chen Hongtao took a deep breath and smiled: "Wait a little longer."
Without Chen Hongtao's statement, Guo Bingxiang had to return to the trading seat he was in.
"What did he say?" Li Zhaoxian had a bad premonition in his heart when he discovered Guo Bingxiang's solemn expression.
Looking at Chen Hongtao who was sitting calmly in front of him, Guo Bingxiang just shook his head and didn't say much.
As the Hang Seng Index continues to fall like a huge wave of time-sharing, the entire trading hall is chaotic, and Mingzhu Holdings' inaction has also caused many institutions that expect Mingzhu Holdings to protect the market and have lost their last hope.
As it was nearly 12 noon, when the market short side took the initiative, the Hang Seng Index even fell below 2,600 points in real trading, causing a noise in the trading center.
"Mr. Shao, if you press down, the market will completely collapse..." Just as Guo Wenli looked a little happy and spoke to Shao Linhua, the change in the trading seat where Mingzhu Holdings was located in the distance made her pupils suddenly shrink.
Just as the trading hall was filled with noise and the many red vest traders reached their limit of psychological endurance, Chen Hongtao had already stood up silently from his seat.
Seeing Chen Hongtao walking towards the center of the trading hall, the noisy Hong Kong Stock Exchange seemed to be accompanied by Chen Hongtao's footsteps and gradually became quiet.
"The market selling has eased, and the index decline has weakened. It is now 2587 points. All are ready." Megan observed the market tightly and reminded Evan and the others.
"What do the boss want to do?" Seeing Chen Hongtao walking to the bidding notice board in the center of the trading hall, Evan couldn't help but murmur.
With the popularity of electronic trading, almost all bidding notice boards on the Hong Kong Stock Exchange have reached the point of retirement, and few representatives from the market have used the ancient trading method of filling out bidding notice boards.
In the transactions on the New York Stock Exchange, although oral vocal gestures are still used, there is no bidding notice board with characteristics like Hong Kong.
Seeing Chen Hongtao wearing a No. 0001 red vest, he walked to the bidding notice board, opened a red white board pen, and wrote the names and quotes of stocks without thinking. Almost all the red vest traders in the trading hall held their breath.
"Changjiang Industrial is 750 and requires 5 million shares, Hengke Real Estate is 514 and requires 4.8 million shares, HSBC Bank is 28.65 yuan and 10 million shares, New World Development is 1130 and 3.3 million shares, Sun Hung Kai Real Estate is 1064 and 7.3 million shares..." Chen Hongtao wrote the stock name, price, and font on the whiteboard, but he is very quick and skillful. While writing, he verbally sang the price at the huge trading hall in a deep voice.
Not long after Chen Hongtao filled out the bidding notice board, the large electronic screen with modern methods and the crazy time-sharing trend of the Hang Seng Index was quickly alleviated.
"He changed his direction at once. He was really amazing to have such a great influence on the collapsed market!" Zhou Weishun, president of Minghong Investment Company, spoke with a shock.
"I didn't expect to fill out the bidding trading board. It seemed that the market short-side agency was shocked by him." Guan Yingpei, chairman of Yingfu Investment Company, glanced at the relatively nervous representative of the market for the main short-side agency.
"The electronic trading plate is distorted, and the prices of various stocks on the bidding notice board are higher than those displayed on the electronic trading plate. Now the price changes of the electronic trading plate are lagging behind." A representative from Tianyuan Securities' market exit could not help but speak in shock.
In the eyes of many discerning people, if you dare to abandon electronic transactions and fill in the bidding trading board when the market is swarming, only super main players like Mingzhu Holdings have such confidence and strength.
Just as the trading hall was silent, Chen Hongtao, who had almost filled in a row of listed company codes and stock prices on the large bidding notice board, grinned and looked around the entire trading center and smiled: "Why, is no one selling goods? If no one selling goods, I'm not polite."
For a moment, many traders looked at the camp of the main short-side institutions led by Lin Hua Investment.
Seeing Guo Wenli's anxious gaze, Shao Linhua's face had become extremely ugly, but he nodded: "Give him a look at how long they can last, let them take the Futures Index and crush the Hengxing Index to death in one fell swoop."
"Boom~~~" Almost instantly, the market representatives from the empty camp had already stood up and came down to run towards the bidding notice board.
Feeling Chen Hongtao's sign, I saw a group of Chinese people and foreign traders in the main short side of the company, crossing Chen Hongtao's bidding with black pens on the whiteboard. Evan stood up like a zombie-scam: "Above, Hutchison Whampoa Group requires 6 million shares at 714, Hutchison Whampoa requires 5.8 million shares at 836, Hang Lung Real Estate requires 8.8 million shares at 262, Hang Seng Bank requires 11 million shares at 1004, and we also accept the futures index, sweep the goods, and sweep them hard..."
Seeing two traders of Mingzhu Holdings rushed to the stage and quickly filled in the bidding trading board under the instructions of Evan. Meghan took a finance department staff member and immediately started filling out the transaction records and sent them to the counter designated by the Stock Exchange as quickly as possible, with the printing time and number.
Seeing the bidding trading board in the center of the trading hall, the situation of chaos and crowding, the staff of the Stock Exchange quickly actively intervened and decided that the buyer would list the price first.
With the execution of the Stock Exchange's business executives inspecting and supervising representatives from the market at any time, the chaotic scene has restrained a little.
With the coordination of the staff on site, the long and short parties' representatives from the market completed the filling and printing, and took effect immediately.
In the huge trading hall, all the representatives leaving the market can see the hot large-scale trading scenes on the bidding trading board.
Although Mingzhu Holdings has not many representatives to leave the market, the price is very fast. Each transaction is constantly increasing, and the amount of goods is extremely large, not even less than three million shares.
Evan sat in the trading seat and quickly opened large long positions of futures indexes with electronic trading, allowing futures index points to rise step by step.
"The short side can't stand it anymore. This kind of large-scale transaction that fills in the bidding notice board is completely unfavorable. After all, the number of stocks in hand is limited. Once you lose face, you may be defeated by the bulls." Song Rongchuan saw the short side's representatives who left the market and kept crossing out the price of Mingzhu Holdings' representatives, and couldn't help but look shocked.
"No, not yet. Look at the transactions on the futures index. Now the entire market is in the atmosphere of stock market crash. The intraday selling pressure is quite heavy. If Mingzhu Holdings wants to turn the tide, it has to face the selling pressure of the entire market." Li Wenfu couldn't help but take a breath and said.
"The capital consumption should be very fast, and we must break through the defense line on the futures index. However, in the case of the collapse of the entire market, the foreign exchange market has changed a little. Will Mingzhu Holdings continue to exchange Hong Kong dollars to account?" Guan Yingpei thought with a look of thought, not optimistic.
Not only was Guan Yingpei hesitant, but even Li Jiacheng and his big bosses who were in a multi-party camp were difficult to make a choice.
"Mingzhu Holdings took the lead. Should we increase our holdings? Relatively speaking, the current prices of our listed companies are not high, but the entire market has not completely changed." Guo Bingxiang glanced at the center of the trading hall and said not very sure.
(First update, please recommend votes.)
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Chapter completed!