Rebirth 1990: The beginning is sweet and cool Bai Yueguang
Chapter 712 Trap
Fang Daming's forehead was covered with beads of sweat. The situation he was facing was extremely difficult. It was almost impossible to push down the Hang Seng Index. The opponent's funds seemed endless, and all kinds of tricks made him overwhelmed.
There was less than an hour left in the morning trading, but the Hang Seng Index still hadn't been pushed down. How should this deal be settled? Would Huo Yongnian be furious if he knew about this?
There were 3 billion buy orders in front of him. What should he do if he didn't accept the orders? Should he just watch the index rise? A small upward trend had begun to appear on the trading board, and he knew that most people were still waiting and watching.
If this rise can stabilize, it will definitely attract more people to follow up. Then the subsequent rise will not be underestimated, and it will be more difficult to suppress it. By then, he will not be able to explain to Huo Yongnian.
"Quick, take these orders, continue to short sell, and make sure to push down the Hang Seng Index." However, his team only noticed the three billion orders. While they were busy hedging, more scattered funds were quietly buying and following the trend. These three billion orders were just to attract attention. With the hedging of funds, the Hang Seng Index climbed another five points.
"It's rising again, I want to invest in it too."
"The power to protect the market is so strong, it must be the unit that is supporting it from behind, otherwise who can have such great strength?"
"Whether it's for the stock market recovery or other reasons, I decided to invest. Even if I lose money, I accept it. But I believe that lucky stocks will not let me down."
Live and die with the auspicious stock? Why didn't you stand up to support the market before? Fang Daming cursed in his heart. Although he despised this kind of behavior of chasing ups and downs, he changed his mind and joined the ranks of bullish. Since he has already lost a lot, it is no big deal to lose more. The current supporters are indeed strong. Such a rise indicates that it may be a good market, and this opportunity cannot be missed.
There is no shortage of risk-takers in the stock market, and the current situation does give them a glimmer of hope. As the old saying goes, "The bold will die of overeating, and the timid will die of starvation."
At the same time, in the conference room of Xianggang's unit, a crucial meeting was going on. The conference room gathered the most influential wealthy people in Xianggang, including representatives of the four major wealthy families such as Li Zihong and Huo Yongnian. This high-level meeting organized by Xiangfu was aimed at responding to the economic crisis, and all the invitees were present.
Xiangfu has expressed its determination to stabilize the market, but the huge amount of funds required requires the support of everyone present. However, facing this proposal, everyone's attitude is not consistent. The senior management of the unit is anxious, but helpless - after all, everyone is considering their own interests, and whether they are willing to invest is not something that can be forced.
Li Zihong frowned and said, "Xianggang is our foundation. Seeing the stock market decline and the economy in recession, it will affect each and every one of us. I suggest that every family should do their part to stabilize the market and prevent the situation from deteriorating further." Some people agreed, but others remained silent, obviously hesitant about taking out real money.
Huo Yongnian watched coldly, laughing in his heart. He knew very well that in such a situation, not everyone would be willing to easily pay. Simply convincing everyone to invest? How could it be so easy!
Li Zihong looked around and realized that the issue of investment had reached an impasse. He understood everyone's concerns, but he firmly believed that "when the nest is overturned, no egg can remain intact." At this critical moment, it would be particularly short-sighted to only care about one's own interests. However, he could not say these words directly, otherwise it would only lead to division and confrontation.
So, Li Zihong turned to the representative of the Bao family, the leader, hoping to get his support. The Bao family and the Li family have a close relationship and similar views. But before the leader responded, Huo Yongnian spoke first and expressed his concerns about the current situation: "We are facing unprecedented challenges, and the strength and strategy of our opponents are still unclear. If we act rashly, we may fall into the hands of the other party and become the easiest target to be harvested."
The volatility of the stock market has put pressure on everyone.
If this investment fails, how will each company deal with it? This statement is straightforward, in fact, it is questioning Xiangfu: If they really fall into the trap and lose their funds, can the company guarantee compensation?
If there is such a huge pool of funds to back it up, why do we have to sit here and discuss who will provide funds to rescue the market? This sentence directly hits the core of the problem. His purpose is obviously to shake the determination of the joint rescue of the market.
The senior leaders of Xiangfu looked gloomy and could not make any promises. After all, the rescue of the market depends on the voluntary participation of all parties, otherwise there would not be a consensus until now. Huo Yongnian's words made the people present even more silent, and those investors who were considering investing funds to support the market began to hesitate.
The other party hid very deeply, making it difficult to figure out their true intentions. In just a few days, Xiang Stock was thrown into chaos, and Xianggang's economy seemed to have taken a few steps back. Such power is impressive. Once you step into this trap, the consequences are unpredictable.
Seeing the heavy expressions of the crowd, Huo Yongnian's mouth curled up slightly, with a hint of subtle sarcasm. He glanced at Tang Junnian and the other two companions and found that their expressions were similar.
The four can sit here with peace of mind and have nothing to fear. They are just followers, not the main operators; even so, it is almost impossible to track them down. The foreign exchange market is dominated by overseas forces, while the stock market is turbulent through retail investors, involving many constituent stocks and a wide range of participants.
In the futures market, if Xiangfu had not taken a series of measures, it would probably not have been so effective so quickly - from this point of view, the unit seemed to have done more harm than good. It was simply a daydream to want to trace them to make profits in secret.
Faced with such a complicated situation, they couldn't even figure out who the enemy was, let alone any alliance. Moreover, Huo Yongnian himself did not approve of such a joint action. With the support of Tang Junnian and his own faction, he believed that this was a meeting doomed to be fruitless.
"No matter what, we cannot sit idly by and watch Xianggang's economy be destroyed," he said.
The shipping magnate glanced at Li Zihong and said firmly, "I agree with Lao Li. Now is a critical moment. People are expecting us to take action. If we remain silent at this moment, how will the outside world evaluate us?"
His voice echoed in the room, and many people nodded with feeling. Everyone understood that although they could not put all their resources into it, it was much better to contribute some of their strength to jointly deal with the crisis than to sit back and do nothing.
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