As the market closes at 12:30 noon, the hot and noisy atmosphere in the lobby of the Stock Exchange did not dissipate, but became more and more intense.

At this time, a number of short-side main institutions were already showing signs of fatigue in selling stocks, but many of the red vest traders in the trading hall gradually participated in the filling out of the bidding bulletin board.

Most traders are selling stocks, and the orders for trading are very fragmented. Compared with the trading of the bidding bulletin board, the stock price on the electronic trading seems a bit distorted and lagged behind, and even the price is slightly lower.

Seeing the two traders of Mingzhu Holdings filling out prices on the whiteboard sweating profusely and were almost besieged, even Li Wenfu and others showed horror on their faces.

"Those two traders should be very tired. It is rare that at this time, they can still maintain accurate price filling ability!" Zhou Weishun, president of Minghong Investment Company, exclaimed.

"Of course they will be tired. They rely on them to bid and fill in transaction records, and they also need to promote the Hang Seng Index through continuous price changes. It can be said that these two traders are quite not simple. They are outstanding elites in any securities investment institution." Guan Yingpei said with his eyes.

Li Wenfu glanced at the electronic trading screen: "The futures trading is still stalemate, but the real market has been loosened. The amount of funds of Mingzhu Holdings is still different from the institutions that jointly manage the market. Its power is fierce and its purpose is clear. Perhaps the real market will be a breakthrough."

"Have you calculated how much money Mingzhu Holdings has invested in this period of time?" Zhou Weishun asked a trader.

The middle-aged trader shook his head: "Although it is not yet certain, it is the capital consumption of Mingzhu Holdings, which is jointly with futures indexes and the real-time market that undertakes stocks. The amount of funds consumed by Mingzhu Holdings should exceed HK$200 billion..."

"Mr. Li, Mingzhu Holdings still exchanged huge amounts of Hong Kong dollars to record. News from the Foreign Exchange Economic Association came from the foreign exchange market, and the trading volume in the foreign exchange market was magnifying invisibly." A representative from Tianyuan Securities dropped the phone and said anxiously to Li Wenfu.

"The funds received in the first phase of Mingzhu Holdings are enough for HK$300 billion. This part of the funds should be surplus. Why should we continue to exchange Hong Kong dollars to account again when the foreign exchange market is unclear?" Li Wenfu showed some doubts on his face.

"It should be a kind of stopping that feels that the foreign exchange market is not normal. When the Hong Kong dollar is sold, there are signs of depreciation, and Hong Kong's foreign exchange reserves are not sufficient. Mingzhu Holdings chooses to exchange Hong Kong dollars at this time through major investment banks. One can play a role in stabilizing the foreign exchange market, and the other can boost confidence." Zhou Weishun said thinking.

Li Wenfu took a sip of water and narrowed his eyes: "Mingzhu Holdings' assets are denominated in US dollars. If it can support the Hong Kong currency market, this disguised foreign exchange reserve is enough to stabilize the value of the Hong Kong dollar. Not only that, it will continue to exchange it for Hong Kong dollars. It will also provide a steady stream of funds and bear the panic selling pressure of the collapse of the Hong Kong stock market. Even if someone impacts the Hong Kong financial market, Mingzhu Holdings' funds will have an absolute deterrent effect."

Looking at Shao Linhua, who looked gloomy in the distance, but still sitting in the trading seat. Guan Yingpei shook his head cautiously: "It's not certain. Although this stock market crash is related to Mingzhu Holdings' clearance of investment portfolio in the US securities market, it now seems that it has the intention of targeting Mingzhu Holdings, and it is becoming increasingly fierce, and it is a trend of becoming a financial tsunami. If you don't have a certainty, the main short-selling institutions in the market will not rashly challenge Mingzhu Holdings."

"Impossible, it turns out that Zhu Holdings recovered more than $500 billion in the US securities market through a bulk trading platform and the Dow Jones Industrial Average last night. This money has absolute dominance in the Hong Kong financial market. What does Lin Hua Investment use to compete with Mingzhu Holdings?" Song Rongchuan showed a little surprise.

"The U.S. stock market plunged and closed at the end of last night, and it showed the characteristics of a collapsed stock market crash. I am afraid that the huge decline in US stocks last night will not end. Perhaps the Hong Kong financial market cannot eat the 500 billion US dollars of Mingzhu Holdings in one day, but in two days, three days, or even one stage, Hong Kong, as an international financial center, is very likely to swallow so much funds. In fact, Mingzhu Holdings is also in a dilemma. The main players of the short side no longer have so many stock holdings to suppress the stock index, but they are not panic. The reason is that this unstable factor in the U.S. stock market will continue to put pressure on the Hong Kong financial market. If Mingzhu Holdings pulls the Hang Seng Index up and the US stock market will plummet tonight, then Mingzhu Holdings may be difficult!" Guan Yingpei said vigilantly.

"Now it seems that the US stock market is the key trend. The main short-term institutions in the market are obviously pushing treasures on the US stock market. Where will the US stock market open tonight be going, it will greatly affect the future trend of the Hong Kong stock market. This bet is not bad. Moreover, I heard that the reason why Lin Hua Investment has so much funds is to carry out leverage financing. The funds leveraged by this group of main short-term institutions are probably an astonishing number." Zhou Weishun's words meant to remind him.

"Now the entire Hong Kong stock market is under pressure to collapse. Even if Mingzhu Holdings can overcome this pressure to push the stock index up, there are uncertainties in the US stock market. From this point of view, Mingzhu Holdings is in an unfavorable position, whether in the short term or the medium term, and pulling the market up is risky. Waiting is not a solution, and it will only consume more funds. No wonder Lao Guan said that Zhu Holdings is in a dilemma!" Li Wenfu had gradually seen the situation clearly at this time.

When the futures index liquidated early in the morning, the reason why Li Wenfu and Song Rongchuan paid so much attention to the current situation was to make a desperate bet in the fight between Mingzhu Holdings and a number of market short-selling players, and to suppress the last heavy bet, hoping to recover some of the losses of futures index liquidation.

However, the deeper I think, Li Wenfu and Song Rongchuan hesitated and did not dare to trust Mingzhu Holdings too much.

"The stock chips of the main short-selling institutions in the market should have been exhausted, and the market has begun to rebound. When selling stocks, the short-selling parties cannot produce any ammunition. The key point now is to change to futures index and foreign exchange market. However, even if the main short-selling parties in the market do not have stock positions, it is probably even more difficult for Mingzhu Holdings to make a breakthrough in the index in such a panicked market." Guan Yingpei looked at the chaotic bidding announcement board and shook his head and smiled.

The only group of market representatives from the Stock Exchange gradually got rid of the power of Mingzhu Holdings, let alone those panicked investors outside the Stock Exchange, Li Wenfu and others could understand Guan Yingpei's statement.

Just as Li Wenfu and others were paying attention to the operation of Mingzhu Holdings, Meghan came to Chen Hongtao out of breath: "Boss, the main short-side institutions in the market should not have so many stock positions to sell, but the pressure of the market has not disappeared, investors' panic still exists, and the main short-side institutions are putting pressure on the futures indexes more and more.

Seeing that the shrew Meghan looked tired, Chen Hongtao smiled slightly: "We will accept how many short positions there are in the futures index. The same is true for those heavyweight stocks in the market. Let the Hang Seng Index continue to rebound upward and stop the operation of exchange for Hong Kong dollars."

During the chaotic transactions, many representatives from the market found that the stocks bought by Mingzhu Holdings were targeted and heavyweight stocks in the shopping mall. Even if other stocks were sold by the representatives on the market, Mingzhu Holdings would not interfere.

Unlike the bells that opened in the morning, at 12:30 noon, the stock price on the electronic screen changed and entered the lunch break almost silently.

During only half an hour of intensive trading, Meghan and others almost felt exhausted. If the market was not closed in time, they would almost be unable to stand it.

Liu Miaoyan entered the trading hall and brought water to several people, and couldn't help but feel a little shocked.

At this time, Megan's forehead was sweating and even her hair was much more distracted.

The offensives of the bears wave after wave, making Meghan, who has always been energetic, feel tired. This is the first time Liu Miaoyan has seen this situation.

"Minister Megan, have some water." Liu Miaoyan handed a bottle of water.

"Thank you, I'm used to being pampered. After doing such a little work in the morning, I can't keep up with the market's trading rhythm." Megan wiped his forehead and thanked Liu Miaoyan with a smile.

Although the transaction ended in the morning, a large number of transaction documents still needed to be checked, and Meghan and others did not stop and rest.

After Mingzhu Holdings consumed a huge amount of funds to resist the market's short-selling offensive, Li Jiacheng and others stopped talking, as if they had not found Chen Hongtao before and asked him to help the Hong Kong securities market overcome the difficulties.

Chen Hongtao just laughed at this. The capital market is a ruthless place. While Chen Hongtao said that Shao Linhua was crazy about attacking the Hong Kong financial market, he was also conspiring and plotting to cause storms.

"Boss, Minister Meghan seems to be very tired, there will be no problem, right?" Liu Miaoyan asked softly when Chen Hongtao wanted to leave the trading hall.

"It's just a work that takes one hour to work. How can they be tired? I haven't come yet when I really make efforts. The company has only five seats on the Stock Exchange. When we can't get help, we can only rely on ourselves." Chen Hongtao smiled and walked out of the door.

When they arrived at the Hongtao restaurant, Eve had already arranged lunch early, but before Chen Hongtao could sit down, Shao Linhua, in a suit, had already brought the crowd over.

"Chen Hongtao, how do you feel when you leave the Stock Exchange? I think you are a little tired of dealing with it!" Shao Linhua said with a smile first.

"It's not bad. I will consider it a rare experience when I settled in Hong Kong in the future." Chen Hongtao seemed to be careless in the face of Shao Linhua's unceremonious words.

(Thanks to the 200 starting point coins that do not require time in Book World.)

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