1395 [hold back the big move]
"Oh?! It's done well." Xia Tian laughed.
"It's mainly because of the general trend and we're going to make a fortune." Liang Botao also smiled and said, "The US stock market rose by 186 points yesterday, and more than 100 companies announced their repurchase of stocks, so we are so lucky."
"Even if it is the general trend, it is not easy. After all, not everyone can take advantage of the situation." Xia Tian waved his hand and smiled.
With the overall recovery of the stock market, it is indeed easier to make money. But not everyone can seize the opportunity, and not everyone can earn 8 billion Hong Kong dollars. It is Leong Botao and Michelle who has the ability can seize this rare opportunity.
After hearing what Xia Tian said, Liang Botao also laughed proudly.
Yesterday, US stocks fluctuated and rose. He and Michelle seized the opportunity, analyzed the trend, operated short-term, bought low and sold high, entered seven in and seven out, and finally lived up to the hard work and made 8 billion Hong Kong dollars. Although he took advantage of the situation, he still relied on his mind, so he deserved to praise him.
"By the way, I heard Yixin tell a rumor yesterday." Xia Tian said again, telling Liang Botao what he heard.
"Oh?!" Liang Botao was also surprised after hearing this. "The person who spreads rumors is simply a ill-intentioned person, fearing that the world will not be in chaos."
"Yes, I think so too." Xia Tian nodded, "The rumor now should have just spread, and there shouldn't be too many people know about it. But if you wait a few days, it will probably be a sensation and the city will be full of wind and rain. By then, the stock market will just reopen, and the angry people will definitely sell their stocks, causing the stock market to collapse again. By then, those people will make a fortune."
In addition to being able to sweep goods at very low prices, speculators can also make money by speculating on Hang Seng Index futures.
The Hong Kong Futures Exchange launched the Hang Seng Index futures contract in May 1986, and every drop of the Hang Seng Index can increase leverage, which can reach up to 14 times the leverage, so a drop of 700 Hong Kong dollars will be made.
Once the Hong Kong stock market collapses, it will fall more than just a little, at least five or six hundred points. If someone takes the opportunity to short the Hang Seng Index, he will make a fortune.
In the great era, the five crabs of the Ding family were speculators who used wars to short the Hang Seng Index. Because the people were at peace and the people were at peace, once the war started, people still hoped to save more cash and save more gold to avoid losses. Therefore, they would definitely sell their stocks and cash out, and therefore, the stock market would collapse once wars.
Unfortunately, they made a mistake in their mistake. The United States easily fought against the Middle East madman. The battle ended in just five hours, and there was no chaos in the world. Therefore, the stock market not only did not collapse, but instead rose sharply by 2,800 points, causing them to suffer heavy losses and lose all their money.
Xia Tian believes that the reason why that person spreads rumors is probably because he wants to make money by shorting the Hang Seng Futures Index.
But even if he knew this, he could not solve this conspiracy. Because the real society is not a great era after all, and it is impossible to have the so-called "Great Miracle Day". He is not Fang Zhanbo, and he does not have such good luck.
"That person's approach is indeed very hateful, but it also helped us a lot." Liang Botao smiled slightly, "The collapse of the stock market is also beneficial to our acquisition."
Xia Tian nodded, "I just don't know how many people are going to be unlucky."
"Mr. Xia, we can't control so much. The stock market has risks, so you need to be cautious when entering the market. Anyone who trades stocks should have this awareness. If you make money, the money belongs to you; if you lose money, you have to bear it yourself." Liang Botao heard him say this, and quickly advised earnestly, "You can't just think about making money, and if you lose money, you will ask others to bear it."
His thoughts are different from Xia Tian. After yesterday's incident, Xia Tian changed his mood and felt sympathy for those investors, so he was worried that they would suffer losses due to this rumor.
But Liang Botao is more rational, thinking that life and death are fate, and wealth is in heaven. Since he entered the stock market to trade stocks, he had to bear all the results. If he wins and loses, it is their own, and he cannot be sympathetic to them.
"After that being said, I'm always feeling uneasy." Xia Tian also knew that Liang Botao's thoughts made sense, but he still felt uneasy.
If he was like Liang Botao, staring at the rise and fall of numbers on the computer screen all day long, he would not have any other thoughts. Although the rise and fall of those numbers also affect the joy, anger, sorrow, life and death of every stock investor. But he was out of sight and not upset, so he could remain calm and rational.
However, when he saw the tragic situation of the deceased with his own eyes yesterday, he was greatly impacted, and it was difficult for him to remain calm and rational.
"Mr. Xia, you are a good person." Liang Botao praised with a smile, "But you also know that human power is sometimes poor. You are not a god or a Buddha, and you cannot save sentient beings. There are so many unlucky people in the world. Do you come here pitifully? Just take care of yourself."
"You're right." Xia Tian nodded in agreement.
Although he is the chief rich man in Hong Kong, his strength is limited. In Hong Kong, even if he only gives each person 10,000 Hong Kong dollars, he will soon go bankrupt, so it is impossible to save the people.
"So put away your sympathy first, Mr. Xia, this is a good opportunity for us. If you seize it, you will make a lot of money." Liang Botao said excitedly.
"What do you mean" Xia Tian was stunned and his face changed.
"I mean we also short the Hang Seng Index. With our amount of funds, we can definitely make a fortune." Liang Botao suggested.
They now have nearly 30 billion Hong Kong dollars in cash, and the price of each contract of the Hang Seng Index is about 15,000 Hong Kong dollars. 30 billion yuan can sell 2 million Hang Seng Index. Each futures index falls a little and earns 700 Hong Kong dollars. Two million yuan, and each drop is 1.4 billion Hong Kong dollars. If it plummets 500 points that day, it will be 700 billion Hong Kong dollars, which will definitely make a lot of money.
Of course, this is based on smooth compensation. In fact, it is far from that simple. Because Hong Kong Hang Seng Index Futures, the daily trading volume in October was only 40,000 contracts.
If you short two million tickets in a single summer, it would be equivalent to throwing a whale into the swimming pool. By then, the entire Hong Kong financial market would probably collapse.
This is just like the financial tycoon Soros shorted the Hong Kong stock market in 1997. His strength has exceeded the Hong Kong government's foreign exchange reserves, so the Hong Kong government is simply unable to deal with his attack.
If the Mainland had not provided support to Hong Kong in a timely manner, Hong Kong would have been in a serious recession and a slump, just like Thailand, Indonesia, Malaysia, and the Philippines.
Chapter completed!