Rebirth 1990: The beginning is sweet and cool Bai Yueguang
Chapter 711 Death
Huo Yongnian realized that this might change the current situation. If investors regained their confidence and followed up with their investments, the situation that originally seemed to be a sure win would become unpredictable.
"Where is Pierce?" Huo Yongnian asked in a low voice, obviously hoping that Pierce could take action to stabilize the situation.
"He's in the room upstairs. Do you need me to call him?" the leader responded a little uneasily.
Huo Yongnian's face turned even uglier when he heard this. He knew that Pierce would definitely not care about the market fluctuations at this time, and it was obviously unrealistic to let him trade.
He glanced around the conference room, wondering what to do next.
Fang Daming glanced at the key figures in the conference room, paused for a moment and said, "No matter who the other party is, no matter how much money they have, they can't match what we have together."
"Take over the whole thing immediately."
“We need to be proactive while controlling risks.”
"Now I authorize you to take full command. Unless there is a major situation, don't contact me." Huo Yongnian handed over the decision-making power to Fang Daming out of helplessness and trust in his ability. At this time, the meeting was in progress, and frequent calls would only cause unnecessary suspicion.
After hanging up the phone, Fang Daming immediately issued an order. With the advantage of chips in their hands, he was confident that he could control the situation.
"Clear the 2 billion bill."
As the order was issued, the keyboard sounds rang out like a tide, and the orders on the trading screen were quickly executed. Ten orders of 200 million each were digested in an instant.
"Continue to sell, push down the Hong Kong index, and short the market!" Fang Daming didn't care about the impact on Hong Kong's economy. All he cared about was the interests of his employer and his own commission.
More sell orders flooded into the market. "Mr. Zhou, the other party not only ate up all our buy orders, but also continued to short!"
This is no longer a test, but a formal war, and it is coming with great momentum. Fang Daming is obviously confident in this action. If the Hong Kong index can continue to fall, the profits will continue. However, it is difficult to operate against the trend and make the index rise.
Destruction is always easier than construction. A building can collapse in an instant, but no one has ever seen a building of the same scale being built in an instant.
Once the support fails, a large amount of funds will be trapped in the stock market and disappear, "just like a tall building collapsing." Faced with such huge psychological pressure, Zhou Qi's task is extremely arduous.
"Take it. Take as many as you can." Zhou Qi responded firmly.
Zhou Qi thought for a moment and said to Lin Fang, "Divide the team into two groups. The first group will be responsible for the frontal attack and must lower the Xiang Stock Index."
Then he added: "Choose another three people to form a second group and act with me. We will spread our funds, look for opportunities to buy, and prepare to counterattack."
This was Zhou Qi's first time personally directing the operation. The three computer screens in front of him were all locked on the Xiang Stock Market.
"Jiaxin, you can join me in the group."
"Ok."
At this point, the room was so quiet that you could hear a pin drop. Everyone knew the seriousness of the situation. The tasks had been clearly assigned, and everyone understood their roles. The three traders selected were the elites of the team, and they were fully aware of Zhou Qi's plan.
The two funds will face off in the market, and the Xianggu Index will fluctuate accordingly. Their strategy is to act quickly during a short rise and consume the opponent's funds by pulling up the index by a small margin. This is a high-risk game, and any mistake will result in huge financial losses.
Lin Fang focused on the overall market dynamics, guiding the seven traders to resist the opponent's offensive and create space for Zhou Qi to counterattack. In the trading hall, the atmosphere was tense. Lin Fang moved quickly between various positions, and his clothes were soaked with sweat, but he had no time to care.
The battle in the market was as fierce as a battlefield, and every transaction was like a life-and-death struggle between soldiers. Ordinary stockholders were stunned by the scene before their eyes. Such a confrontation was extremely rare in the stock market. The numbers on the trading screen were scrolling rapidly. Who would dare to intervene in such a life-and-death battlefield?
More than an hour later...
"Report the situation." Zhou Qi ordered.
"Mr. Zhou, we made 7055 million yuan, and the Xianggu Index stabilized at points, up five points!" Lin Fang reported concisely and excitedly.
In this fierce battle that lasted more than an hour, not only was there no damage, but a net profit of 200 million was made. This operation was simply amazing. For the three members who followed Zhou Qi in the battle, this experience made them realize the gap between themselves and the top masters.
It was not easy to keep up with Zhou Qi's pace. Everyone's clothes were soaked with sweat and they were all over with tension. Zhou Qi's movements were so fast that people could hardly keep up and react in time.
But what is encouraging is that their efforts seem to have worked - the support operation seems to have been successful. Zhou Qi's face remained calm, with his brows slightly furrowed, as if he was thinking deeply about something.
After a fierce battle, he felt that his opponent's performance was only average. After using the rising trend brought by hedging to diversify funds and bullish, the other party did not take any effective countermeasures.
At first, Zhou Qi tried cautiously, but after a few times, he found that this pattern was becoming more and more obvious. Whenever the other party placed an order to sell, they did not take advantage of the situation to suppress the stock price. Is this because they disdain to make small profits? Maybe. However, Zhou Qi successfully attracted a group of relatively strong retail investors by diversifying his funds, and the other party actually allowed him to do so.
The stock market is all about trends. Small victories accumulated together can form a force that cannot be ignored. Now, the Hang Seng Index has not only not been defeated, but has risen by five percentage points against the wind. If the other party is a world-class trader, they should understand this. Are they setting up a trap to take me down in one fell swoop?
Zhou Qi thought for a while and made a decision. "Divide into three groups, and select three more people to disperse funds to swallow small stocks. The three people in the protection group will each place a 10 billion buy order to attract the other party's attention. The other three will continue to push up the stock price with me. Execute!"
The 3 billion large orders entered the market quickly in three batches, pushing the Hang Seng Index up little by little. With the influx of large orders, many small buy orders also appeared in the market. Apparently, some people saw the strength of the market supporters and were ready to take risks to follow and make money.
"Some people are following suit and betting on the rise. Should we follow suit?"
"Are you crazy? The fight is so intense, going in now would be like committing suicide."
"That's true. Let's wait a little longer."
Although the market struggle is extremely fierce, seeing the Hang Seng Index rebound, many investors have rekindled their hopes. However, the market's stranglehold is too cruel, and only a few brave people dare to rush in, while most are still waiting and watching.
"Captain Fang, what should we do? The other party has put up a payment order of 3 billion. Should we accept it?" someone asked anxiously.
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