©WebNovelPub
MTL - The Son of Finance of the Great Age-Chapter 956 Avalanche (2)
Chapter 956 Big Avalanche (2)
It is not the first time that the behavior of collectively selling heavyweight shares with several institutions, thereby suppressing the index, and causing panic in the entire market has appeared in the capital market. Large short or long positions in stock index futures often use this trick to influence the market, and then profit in the market where they have the largest position.
This kind of behavior is manipulating the market, and it must be something that a powerful institution can do. Of course, market manipulation is a serious criminal offense under the law.
If it is on weekdays, this kind of selling will not have such power, because both the stock index futures and the trading volume of the stock market are in a relatively stable state, and a slight disturbance will attract the attention of the regulatory authorities. The cost of profit is really high. However, in the current capital market where there are turbulent sentiment and false fires, this trick seems to be invincible, because this market has gathered a large number of small and medium investors. These investors, collectively known as retail investors, are quite blind in psychology. The flock of sheep moving with the tide, without any thoughts of their own.
As long as he can withstand the rising financial pressure, Xu Fei can use this trick repeatedly.
This is exactly the same as the death squad he did ten years ago, except that this time he played from individual stocks to the market. Over the past ten years, the method of the game has basically not changed much, but Xu Fei, who has completed the accumulation of capital, is playing bigger and bigger.
"Well done, gentlemen!"
According to this drop, Xu Fei's short position has earned more than 30% in one day, which is more than 1.5 billion yuan in cash. This result not only surprised many traders, but also surprised Xu Fei, the planner of the whole thing. satisfaction.
At this moment, he was clapping his palms vigorously, encouraging many traders, "In the future of Zekang, this day should be written in full color. Starting today, we will transform into an all-weather fund, whether it is Up or down, we all have the confidence to make money in this market.”
"But gentlemen, this wave of market prices is not over yet, and it is not time to rest. In fact, not only tomorrow, but we will not have time to rest in the next few months, so gentlemen cheer me up Come on, no one can relax until the matter is over."
After some impassioned speeches, Xu Fei changed the subject and said to everyone in a stern voice, "I'm going to make an inhumane suggestion. Before this wave of market conditions, no one can take a vacation or leave Su Hai. The phone must be kept The 24-hour unobstructed state, and no one can talk about things here, including your wife and parents. Gentlemen, if anyone of you can’t do it, you can bring it up now, and I will find someone to replace it.”
Naturally, at such a time, no one would stand up to make fun of himself, and no one would dare to do so.
"Very good, the gentlemen are very professional, I am very satisfied with this!"
Seeing everyone's silence for a while, Xu Feiquan thought that these people agreed, nodded in satisfaction immediately, and said, "Now release the news to me, saying that the first batch of allocation positions is on the verge of collapse, and 4700 points is the critical point for these positions." point. Tomorrow their positions will be forcibly liquidated by the allocation company, and it is estimated that these shares will be around 200 billion.”
"No, around 500 billion."
Soon someone nodded, and when Xu Fei just picked up the phone, Xu Fei rolled his eyes and stopped the "revealing" of the conversation, and changed it to a larger number, "This number should have a certain impact on the market." Greater influence. Yes, 500 billion."
God knows where his number came from!
Naturally, the people present would not have any objections. Immediately, the division of labor was clear and began to release information to familiar managers, newspaper reporters, and even website moderators.
"I have to say, you did a great job!"
After returning to Xu Fei's office, Zhou Chang'an, who had been silent all this time, couldn't help but clapped his hands, and praised sincerely, "Although it's the first time I've seen Zekang do something like this, I have to say that your subordinates really Well-trained, far superior to the rabble I recruited."
“We are professionals.”
Xu Fei glanced at the other party expressionlessly, and said lightly, "Today is just the beginning, don't be too happy. I think you also know that although you are my client, I am not subject to the client's thoughts. It is best not to have any emotional influence. You have seen what happened today. Some people may say that I am overbearing, but as long as I can make money, I can tolerate my bad temper. At the same time, I am not I intend to change this bad temper that they think."
"Hey, only those who have ability have temper."
Zhou Changan smiled awkwardly, he knew very well that Xu Fei's words were for himself. After pondering for a while, he cleverly changed the topic, "By the way, is what you just let others spread useful to the market? What is the situation of this allocation market?"
He was looking for something to say.
"Fund allocation is a leveraged operation!"
Looking at Zhou Changan like an idiot, Xu Fei felt a huge sense of frustration in his heart and lowered his head like a defeated rooster, explaining feebly, "If the stock price drops, If so, then the allocation company will definitely clean up these stock accounts for its own benefit. After all, it doesn’t matter if you make money, and you can’t lose your own money if you lose money. Once a large-scale liquidation occurs, it’s like there is only one exit, and everyone As if fleeing desperately, guess what will happen?"
"Large-scale crushing!"
This metaphor from Xu Fei made Zhou Changan understand instantly, "It turns out that after the news is released, everyone will know what the market will be like tomorrow. In this case, in order to keep the profits in hand, or to avoid falling , they can only choose to sell, and large-scale selling will only lead to one result, that is, the violent shocks of the stock market."
"That's right, that's the purpose of my message. Wait a minute, I'll answer a call..."
Xu Fei seemed quite satisfied with Zhou Changan's comprehension. After beating the other party with words just now, he was about to appease the other party again. After all, the other party's status is noble, but at this moment, the phone in his arms vibrated, and he made an apology to the other party. After gesturing, he went to the window and answered the phone, "I'm Xu Fei, who are you?"
"I am Wang Dawei."
Facing such a famous person as Xu Fei, the other party did not show too much compliment, but after saying this lightly, he asked straightforwardly, "You guys are responsible for today's market? The weight of the big money in the market The sell-off of stocks does not seem to be caused by changes in fundamentals. Recalling the sudden surge in short positions in stock index futures a few days ago, it is not difficult to guess what is going on."
Wang Dawei is also a master in the capital market. This fund manager who works for a public fund is good at value investing. Usually his holdings will not change much within a few months or even a few years, but if the holding cycle is extended to more than five years, it can be seen that Wang Dawei has a unique investment vision.
In the past ten years, he has successfully led the two funds under his management to the highest peak of the entire market, with a full eight-fold return. Among his holdings, many stocks have been held for more than five years, and many stocks with pharmaceutical and environmental protection themes have risen by more than ten times.
If Xu Fei is the leader of private equity funds, then Wang Dawei is the best among public equity funds.
"what are you saying?"
Regarding Wang Dawei's question, Xu Fei chose to pretend to be deaf and dumb, "Wang Dawei, do you know what you are talking about? This is a serious crime of manipulating the market. Although I occasionally take a gray line, I am not afraid of this kind of clear violation of the law." I will never do it. Please, can’t I see the vain market right now? To tell you the truth, Zekang Company has already emptied all its stock positions half a month ago, and now we only hold cash , did not do any operations in the market at all."
"It's really not you?"
Wang Dawei's extremely skeptical voice came from the microphone. He was obviously not satisfied with Xu Fei's explanation, but he is not from the supervisory level, so naturally he wouldn't worry too much about it, "I'm just asking. By the way, Xu Fei, what I want to tell you is that if this matter gets too big, it may attract the attention of certain departments, so no matter who did this matter, I think they should not go too far."
"You'd better tell them these words."
Xu Fei shrugged and said disapprovingly, "Anyway, I don't intend to get involved in this chaos. Sorry, I still have a phone call, so I won't continue talking with you..."
At this moment, the phone on his desk rang, and after saying sorry to Wang Dawei on the other side of the phone, he answered another call, "Hello, I'm Xu Fei."
For the next half an hour, Zhou Changan, who had been doing nothing, watched Xu Fei’s cell phones and office phones ringing one after another. It was just some scene work, but it took more than half an hour.
Finally, the sound of the phone completely stopped.
"I'm thinking, if this matter is published in the newspaper, will it be more effective?"
Zhou Changan, who had been parked in Xu Fei's office, was not idle. After thinking about it, he came up with what he thought was a good idea, "Publish the news of the possible forced liquidation of allotment stocks in the newspaper, and it should play a role tomorrow." A bigger sensation. What do you think of my idea? By the way, I can contact the newspaper office!"
"Have you left yet?"
As soon as Zhou Changan opened his mouth, Xu Fei realized that Zhou Changan was still in the office, and immediately wanted to get angry, because he made an iron rule for his employees that they should not eavesdrop on his phone calls, but when he thought of Zhou Changan's identity, he felt angry again. Suppressing his anger, he said lightly, "No need, someone will take care of this matter. If you have the heart, you will see it in the newspaper the day after tomorrow, not tomorrow's newspaper."
"What is the reason?"
Zhou Changan was very confused, and after thinking for a while, he asked inexplicably, "Why is it not in tomorrow's newspaper, but in the day after tomorrow's newspaper? If it is tomorrow, shouldn't the blow be the best? I can't figure it out, what's going on here?"
"You will understand later!"
Xu Fei seemed tired, waved his hand at Zhou Changan, then slowly closed his eyes, without explaining too much.
Although there was a lot of doubt in his heart, Zhou Changan retreated tactfully. It's just that he secretly made a decision in his heart to see if the development of the situation develops as Xu Fei said.
…
On June 19th, affected by the news of the liquidation of the allocation of funds, the index showed signs of plummeting after the opening of the market. The opened index dropped by 100 points from the previous day's closing number, and none of the heavyweights were spared. All fell Quotes. And for stocks with small and medium market capitalizations, the sell-offs continued one after another, and a large-scale limit-down situation soon appeared. The market can be described as gloomy, and the vast majority of investors are throwing out their stocks regardless of the cost. The falling market has frightened them out of their courage, and no one talks about a bull market anymore.
It fell by 307 points that day, a drop of 6.42%. After May 28, it once again hit a thousand-share limit-down phenomenon. From the highest point of 5178 points, the closing index of 4478 points has fallen by 13.5%.
And all this happened in just five trading days!
Thanks to book friends Shahuer, Lao Nafahao Takong, alex0007, Bald Kobayashi, and Crab Read Books for voting monthly tickets! Thank you book friend apo11o for your reward! Thank you for your active support. I hope that the results of this book will make good progress this month. The author will continue to work hard and hope to get the support of more book friends. Thank you~
(end of this chapter)