©WebNovelPub
MTL - The Son of Finance of the Great Age-Chapter 69 Christmas campaign (1)
Chapter 69 Christmas Battle (1)
Not to mention that Zhong Shi is recuperating in the hospital.
After paying a price of one billion US dollars in the initial stage, the mysterious short seller in the Singapore market reappeared in the Nikkei futures market after being silent for half a month.
The difference from sneaking in last time is that this time the short sellers did not hide their motives at all. They blatantly suppressed the Nikkei 225 index futures as soon as they came up. Thousands of empty orders were unscrupulously thrown out, vowing to suppress the RB market go down.
Located in the base camp in Kobe, Jim and his team who presided over the trader gathered together again, and after receiving financial support from the consortium behind them, they had a total of 8 billion US dollars on hand this time.
Combined with the hot money in the market, the market value they can influence this time is as much as 100 billion U.S. dollars.
A shocking number.
But compared to RB's total market value of up to four trillion US dollars, it is still an insignificant number.
How scary is the RB stock market? To give a simple example, in 1987, RB's stock market surpassed the US stock market and became the world's number one, accounting for 40% of the total market value of the global stock market. In 1989, it reached a peak. In this year, the market value of the RB stock market was 1.3 times that of the US stock market. At this time, the total market value of the US was only 3 trillion US dollars.
Wanting to leverage such the world's largest market is tantamount to wishful thinking.
RB's money is out, they can't believe they can short the RB market, and they can't afford the public's anger when they learn that they are shorting their own country.
The European and American allied forces named this campaign the "Christmas Campaign", with the goal of suppressing the RB stock market to 36,000 points on Christmas this year.
RB's securities trading law is very strange. It stipulates that securities investors are prohibited from engaging in futures trading, so funds from RB cannot enter the Singapore Exchange openly. But the profit-seeking capital is not willing to give up such a money-making tool as futures index. They have set up leather bag companies overseas and entrusted part of their business here. When the leather bag company has funds, it invests in the Nikkei futures index of the Singapore Exchange.
With such an extra procedure, the response to emergencies will be slowed down.
In the first few trading days, RB’s funds were unable to respond in time, watching the Nikkei index oscillating and adjusting, no longer the strong trend of the past.
They couldn't sit still immediately, and after meeting and discussing, they decided to start a counterattack.
What is surprising is that the Nikkei futures on the Osaka Exchange have a very strong upward momentum. Obviously, investors there are very optimistic about the RB market.
It's a pity that the two exchanges cannot deliver, otherwise someone will definitely make a lot of money by taking advantage of the price difference.
Two years after the launch of Nikkei futures on the Singapore Exchange, RB also listed futures on the Nikkei on the Osaka Exchange for domestic investors to invest. It's just that it is much later than the product launch in Singapore, so it is far inferior in terms of influence and pricing.
At this time, a Nikkei 225 index contract needs about two million yen (equivalent to more than 10,000 U.S. dollars. For the convenience of calculation, the price will be denominated in U.S. dollars), and 10,000 contracts will cost more than 100 million U.S. dollars.
RB Corps quickly invested the one billion dollars harvested last month into the Nikkei index contract in December, and 100,000 contracts flooded into the market at once.
"Look, the RB people have entered the market?" A trader in the field pointed to the screen on the computer and said to another companion who was on the phone.
RB's entry was very interesting and showed great confidence. Each account invariably threw out long orders of 3,000 lots, and within a short while, the market was flooded with as many as 15,000 long orders. Affected by this, the index that had stayed at 38,500 for a long time jumped up immediately. In an instant, a positive line was pulled out. (The futures index is generally higher than the real-time index.)
Singapore Exchange has a position limit for each account, and the regulation for Nikkei 225 futures index is that each account does not exceed 10,000 lots. This limit is not a problem at all for the rich RB funds in the account.
Similarly, accounts are not a problem for other big funds that have been planning for a long time. The short-selling European and American funds have already opened dozens of different accounts.
Singapore Exchange is well aware of this method of bypassing supervision, but in order to maintain trading activity and market influence, they have adopted a default attitude towards this approach.
The 15,000-hand multiple orders thrown out at one time shocked the hearts of every trader, and people realized that a new round of betting on the RB stock market had begun again.
Sure enough, shortly after the long order was placed, the short-seller responded, and the information about the transaction came one after another. In less than five minutes, these long orders were all swallowed up at the 38,500 position.
"A deal?"
"Yes, the opponent's market has been established, and the two sides have invested a total of... er... more than four billion dollars!"
"Four billion? Oh my God!"
In a small room where RB people gather temporarily, there is only a row of sofas and a table inside. There are two telephones on the table, which can be used to communicate with the outside world. Several high-ranking agents of the RB consortium sat on the sofa together, all looking solemn, waiting quietly.
"Jingle Bell…"
The moment the voice sounded, the microphone was picked up by the nearest person.
"What? They were all picked up? How long did it take? Less than five minutes? Okay, I see, you wait for my instructions!" There was no greeting, no politeness, and he cut to the point as soon as he came up, and quickly asked the situation clearly .
Everyone in the room held their breaths to listen, and when they heard it for five minutes, everyone gasped.
"Iwamoto-kun, how much money do you think they will gather this time, can we stop it?" Oda Zetaro put down the microphone and sighed softly. Under this situation, he also lost his position.
Half a month ago, most people in the room believed that the short side had been completely defeated. Only Kaoru Iwamoto was still worried, and the others didn't believe his feeling at all.
Now everyone is looking at Kaoru Iwamoto, waiting for him to come up with an idea.
"Gentlemen, how much money do you have in your account? At this point, there is no need to hide it anymore!"
While waiting for Kaoru Iwamoto to speak for a few minutes, everyone present felt like it had been a long time, and they all breathed a sigh of relief until Kaoru Iwamoto spoke the first word. What's more, he inhaled heavily, as if he was drowning.
They knew that Kaoru Iwamoto had made up his mind.
"I still have 800 million dollars here."
"I don't have much, only half a billion dollars."
…
After everyone reported their net worth, Kaoru Iwamoto made some statistics and found that they now have more than seven billion US dollars in funds. This discovery shocked everyone present.
Yeah, plus the billion dollars that have been put into the market today, they have close to $9 billion in capital. This number is enough to leverage the entire Nikkei futures market on the Singapore Exchange.
Of course, these are the situations before European and American capital entered the market.
"For the current plan, only if we unite can we compete with this stock of funds, otherwise we will all die without a burial place!" Kaoru Iwamoto nodded, obviously very satisfied with this number.
"What? Want us to listen to you?"
"It's impossible, if I lose money, how can I explain to the president?"
"That's right!"
…
There was another quarrel, and everyone jumped out like a trampled mouse.
Kaoru Iwamoto watched all this coldly, taking everyone's reactions into his eyes. After everyone quarreled, they also found that Kaoru Iwamoto's expression was wrong, and the noise gradually subsided.
"Gentlemen, it is about the economy of the RB country, and we have an obligation. If you want to join them (shorts), go ahead, but if you ruin our country's economy because of your money, I will definitely not forgive it. he."
"I believe that even if the presidents are here, they will make the same decision. What to do now, you can decide for yourself!"
Kaoru Iwamoto's words pulled everyone back from the shock. Yes, even if you make a lot of money here, you will definitely not be able to escape the scolding situation when you return to China. What's more, the RB stock market is booming now, whoever dares to short at this time, I am afraid that they will be removed from their current positions in a short time.
If they don’t unite together and fight on their own, they will soon be defeated by this huge force of funds. Not to mention anything else, just pulling the daily limit of this stock of funds is enough to blow up their positions.
"I'll give you five minutes to think about it. After you think about it, go find me outside!" Kaoru Iwamoto took out a cigarette case from his arms, opened the door and walked out.
The moment he opened the door, a wave of heat came from outside the room. Singapore is located near the equator, and it is hot summer at this time. The few people who have been pampered for a long time can't stand this kind of heat, and they are willing to stay in air-conditioned places all the time.
"I have decided to hand over the funds to Iwamoto-kun!" After a long silence, Oda Zetaro suddenly said. When he made this decision, he let out a sigh of relief, and his expression relaxed a lot. "Iwamoto-kun is right, if this fund is allowed to succeed, then our country will be over!"
After listening to his words, everyone fell into silence again, and everyone was thinking quickly.
…
Before he finished smoking a cigarette, Oda appeared in front of Kaoru Iwamoto, bowed deeply at ninety degrees, and said sincerely: "Mr. Iwamoto, everyone has unanimously decided to hand over the funds to you. For RB's economy, I count on you!"
Hurriedly throwing down the cigarette **** in his hand, Kaoru Iwamoto hurriedly returned a bow. At this moment, he deeply felt the heavy responsibility on his shoulders.
Under the pressure of European and American funds, RB’s funds were also forced to join forces. This time, they were not in the Pacific Ocean, nor in the mainland, but on a small island in Southeast Asia, and started a contest with the West. (The exciting part has started again, I hope everyone will continue to support, thank you!)
(end of this chapter)