Chapter 515 Bodhisattva Heart
As a financial free port, Hong Kong's financial policies are basically in line with international standards. In other words, everything is in accordance with the rules and cannot be changed at will.
If you agree on stock market trading, you must trade on the stock market! What kind of pricing system must be used? Even if the mountains collapse and the earth breaks apart, and the sun and the moon change color, it must not be changed!
To use a very vulgar word to describe it - whatever I asked for, I wanted to do whatever I wanted with tears in my eyes!
So half an hour after the market opened in the afternoon, Hao Meow Meow... there was another emergency suspension! (laughing and crying)
The stock price stayed at HK$1128.16.
There is really nothing I can do. The appointment was so miserable that I couldn’t help it with tears in my eyes!
If the dumplings are going down like this, the streets of Hong Kong will be littered with corpses? Don’t scare Xiaopen Friendly, okay?
Of course, on the one hand, it is to prevent social chaos. But the more important reason is that the financial system is also in chaos!
In European, American, Hong Kong and Taiwan stock markets, naked short selling is generally prohibited. In other words: you must hold stocks before you can short-sell futures!
So what should short-selling investors do? Do they still need to buy the same number of stocks before selling short? Isn’t that just taking off your pants and farting? This is a one-step move?
Very simple way - stock lending!
Just ask a financial institution or bank to borrow that part of the stock, and then sell it directly! To put it simply, financial institutions and banks guarantee short-selling investors!
Now comes the question. Excavator... ahem, since there are so many good meow meow circulating stocks in financial institutions or banks, why can't they close their positions?
Isn’t this a joke? Do you think those who are involved in finance are all ethical? It is prohibited by law! But through a series of very complicated financial means, one woman can be married twice, or even one woman can be married twice. And what the hell?
Is it still legal?
In other words, if a certain bank has a good stock, it will lend it to at least five short sellers. Wouldn't it be possible to earn five handling fees?
To be honest, many legal provisions of financial supervision are just for fun!
Otherwise, how could there be so many financial crises? How could the subprime mortgage crisis happen? The air in Europe and the United States is sweet, right? They all respect and abide by the law. If you say something like this, just take it as a joke. Don't
really!
The pursuit of maximizing profits is the instinctive behavior of those people represented by Wall Street who play financial games! It is the same at home and abroad in ancient and modern times!
Under normal circumstances, there is no risk in such securities lending. Anyway, financial institutions and banks can forcefully liquidate their positions, and then they can urgently purchase circulating shares on the stock market.
But now it’s not ordinary at all. Even if you want to buy it, there are no outstanding shares at all?
And the current situation is even more embarrassing. If major shareholders such as Rongguang, SAIC, and the Hong Kong Monetary Authority do not sell, it will be impossible to liquidate their positions. I was too dark at the time and put out too many short-selling futures orders.
Well! Anyone with high school mathematics knowledge can calculate the result. If this situation continues, then the stock price of Haomiaomiao will rise to infinity!
At this point, how can we continue playing?
If all those who jumped into the street jumped off the building, will financial institutions have to bear the responsibility in the future? If the financial institution goes bankrupt, will the banks continue to take over? If the banks have problems, the entire financial market in Hong Kong will have a chain reaction?
MMP! Aren’t the rules made by people? It’s already imminent, so what’s the point of a financial free port? No matter what, let’s suspend trading first!
…
Not to mention that the fairy aunt left the exchange in a daze.
Returning to the capital, Rong Guang was surprised to find that a carnival had already started at Xiongbaizhi's headquarters.
That’s more than 1,000 yuan! In just one night, it increased almost 100 times! Even based on the previous highest price of HK$66, it also increased by 15 times?
And senior executives like Ning Xueqing almost all hold them. As for other employees? Although many people secretly sold some, they still have some internal employee shares in their hands.
There's nothing we can do about it. Ning Xueqing, the mother-in-law in the capital, is still very scary. If anyone dares to sell everything, she will definitely let them wear small shoes!
So at this point, it is tantamount to collective wealth!
Ning Xueqing hugged Liu Rongrong and jumped up and down: "Rongrong, how many billions do we have? Can we also be on the rich list! Hahaha..."
"Huh?" Rong Guang thought about it carefully. The assets of those high-level executives... seem to be on the rich list? "Sister Qing, treat me! I want to eat fresh seafood and lobster!"
"That's all you've got." Ning Xueqing spat with a smile, "Young Master Guang, everyone has made a fortune, why should I invite you?"
Upon hearing this, Rong Guang got what he wanted. He announced loudly: "Everyone wants a treat! Make a schedule immediately! Note: I don't count! I will make you poor! Haha!"
"Are you still a man?" "Why are you so stingy?" "Guang Shao, you should earn the most, right?"...
"Hahaha……"
A group of girls gathered around him aggressively, showing great contempt for Rong Guang's behavior.
Just as the cell phone rang, Rong Guang escaped from the encirclement in embarrassment:
"Master Guang, this is A Yuan! Are you okay?" The caller was the Hong Kong accountant Lu Mingyuan.
"Oh, are you okay?" Rong Guang was very unhappy. Is it fun for a Hong Kong guy like you to have a girl?
"Master Guang." Hearing Rong Guang's somewhat unkind tone, Lu Mingyuan said with a flattering smile, "A friend asked me to ask you if you should each take a step back? Don't let the good meow get out of hand?"
"What can't be dealt with?" Rong Guang was puzzled, "I have never touched Hao Miao Miao's stock from the beginning to the end. It's you who are going down? Is it you who is going up? It's none of my business!"
"That's not the case, please listen to my explanation..."
Lu Mingyuan quickly explained the ins and outs. Many financial institutions and banks in Hong Kong are now encountering problems. With their joint efforts, they do have the energy to temporarily suspend trading in Hao Miao Miao. But there will always be a day when trading is resumed, and the problem still needs to be solved!
So these people came up with an idea - let Rongguang sell part of the stock and find a way to close all the short-selling futures positions. Of course, more than 1,000 yuan is too exaggerated, it is best to give a friendly price! We will
Remember your kindness, let’s go to Hong Kong to kill chickens and drink wine together!
Grandma! I’m full and full, so I need your favor? I’ll clean up my own shit!
Rong Guang refused. He sneered and said, "Okay! When it reaches 2,000 yuan, I will consider selling part of it."
At that time, when short selling was so popular, these grandsons were really accomplices. How could I still give them a good look? If I don’t add insult to injury, I am already a bodhisattva-hearted person.
Chapter completed!