Rebirth of the Financial Crisis Sweeping the World

Chapter 491: 491 Bankruptcy of Public Bank Malaysia

  Chapter 491 491 Malaysia Public Bank liquidation

  At this moment, Public Bank of Malaysia, Zheng Yufei saw that the Hang Seng Index had rushed to the 20100 position. His complexion suddenly changed, his forehead began to sweat, and his back was chilly.

  This is incredible, completely beyond his expectation!

  Unexpectedly, the bulls in the market started a big counterattack!

  And the shorts in the market are retreating, watching!

  Currently, there are 150 points floating in their account, totaling 1.5 billion floating losses!

  The available funds in the account are 1.5 billion!

  They are completely trapped this time!

  Hateful!

  The other traders looked at Zheng Yufei's gloomy face and angry expressions, and their heads suddenly fell into despair. Morale was even lower, and there was a panic in the entire trading room.

  No one thought that the Hang Seng Index would rise so much today, from the lowest position of 19,800 to the current position of 20,100, which has completely broken through the resistance zone formed by the 5 moving average in the daily chart.

  And they hold a short position of 200,000 lots of the Hang Seng Index in their account, and they are now seriously losing money.

  They started to feel unconfident in their hearts and felt that they were really going in the wrong direction this time.

  Floating loss is 1.5 billion, and I don’t know what to do.

  Everyone was silent, looking at Zheng Yufei nervously, expecting the president to make a decision.

  Hong Tianwen couldn’t help asking: "President, what should we do now?"

  They are really planted this time. There is a loss of 1.5 billion in their account. The Hang Seng Index has broken through the 5 moving average. Now it has risen to the 20100 position. The situation is even more unfavorable for them.

  Although the Hang Seng Index has fallen for 5 consecutive trading days, today the Hang Seng Index has begun to rise sharply. Perhaps the mid- to long-term decline of the Hang Seng Index has completely reversed.

  Zheng Yufei listened to Hong Tianwen's words, struggling and entangled in his heart, he also found that he seemed to be wrong, but it was difficult to make up his mind.

Just when he was hesitating, the Hang Seng Index suddenly fell, falling by 50 points in 5 minutes, from the 20100 position to the 20050 position. There was only a 1 billion loss in the account. Zheng Yufei suddenly saw a lot of hope. I returned a lot of confidence.

  He hurriedly said: "Keep holding, the Hang Seng Index will soon fall, and wait patiently for the shorts in the market to take action!"

  I was really worried about it just now.

  He thought the Hang Seng Index would continue to rise.

  Now finally encountered resistance, I believe that soon, the Hang Seng Index will return to a normal downward trend.

  Time slowly passed, and the Hang Seng Index was supported near the 20050 position. Zheng Yufei's heart was tight, and he cursed, "Fall for labor and capital!"

  But within 10 minutes, the Hang Seng Index rose again and returned to the 20100 position again. Zheng Yufei's popularity was not good, and his anger hit the sky from the soles of his feet!

  Now there is another 1.5 billion loss in the account!

   cursed: "Really!"

   "Labor and management don't believe where you can go up!"

  ····

  At this moment, Huang Fengling of Central Asia Bank in Indonesia locked her eyes on the computer screen, watching the Hang Seng Index return to the 20100 position again, and she was wondering whether to liquidate the position!

  Currently, they hold a short position of 100,000 Hang Seng Index in their account, with a floating profit of 600 points, a total floating profit of 3 billion, which is 1 billion less profit than the previous floating profit of 4 billion!

  If you close your position when the Hang Seng Index was at 19900 before, you don’t have to be so passive, so you’re entangled!

"Ugh!"

   "Really, is the long-term downtrend of the Hang Seng Index completely over?"

  Time slowly passed, and the Hang Seng Index finally settled at 20100!

  It is very likely that the long-term downtrend of the Hang Seng Index has ended, and now it has officially started to reverse!

  Huang Fengling's heart is becoming more and more disturbed, worried that the use of his account will decrease again!

  Lin Yongfu: "Wife, do you want to close the position?"

  Huang Fengling thought for a while and wanted to say: "Close the position, don't be greedy!"

   "Yes, President!" Everyone immediately executed Huang Fengling's order and began to liquidate the position!

  They close a 100,000 short position is equivalent to buying a 100,000 long position in the market!

  So after their liquidation, the Hang Seng Index started to rise again!

   Breaking through the 20150 position soon!

   When the market closed, it rushed to the 20200 position!

  The average closing position of the 100,000 short positions in their account this time is 20150. A total of 550 points have been gained, 2.75 billion earned, and the net value of the account has reached 4.25 billion!

  This time is a big win!

  The last time the position was liquidated, it lost 5 billion, and its net worth changed from 6 billion to 1 billion.

  Then he made 500 million in careful operation several times, and this time he made another 2.75 billion, which is already 32.5.

   Make another 1.75 billion, and it will be completely back!

   "Huhu" Huang Fengling took a few deep breaths and said: "Now let's get off work, let's see what's going on tomorrow!"

   "Yes, the president!" Everyone was also very happy. After all, they made a lot of money and made a lot of money back.

  ··

  At the moment in the black shirt center, in the trading room, Wang Guanxi smiled as he watched the Hang Seng Index close at 20200.

  Now they hold a long position of 500,000 Hang Seng Index in their account. One point fluctuation is a profit or loss of 25 million. Now there are 250 points floating, totaling 6.25 billion.

  The net value of the account has reached 21.25 billion!

  "The following self-dealing" Wang Guanxi left the trading room after speaking.

  ·

  At this moment, Public Bank Malaysia, the trading room is filled with fear, and everyone's faces are extremely panic.

  ‘It’s it! "Zheng Yufei's body was shaking, the clothes on his back were soaked, and the beads of sweat on his forehead were dripping on the ground.

  He clenched his fists tightly, and his nails almost fell into the palm of his hand!

  Heartache, extremely heartache!

  Desperate, extremely desperate!

  Now they have 250 points floating in their account, a total floating loss of 2.5 billion!

  The available funds in the account are still 500 million. If the Hang Seng Index rises by another 50 points tomorrow morning, their account will be liquidated!

  At this time, the assistant who went to the bathroom walked into the trading room and watched the Hang Seng Index close at 20200. He was completely dumbfounded. The whole person stayed motionless and stiffened. The mobile phone in his hand fell to the ground.

  Zheng Yufei shook his hand at everyone, and said: "Get off work, I'm alone!"

  So everyone left the trading room one after another, leaving Zheng Yufei alone!

  Zheng Yufei looked at the Hang Seng Index chart with red eyes, gritted his teeth with hatred, and immediately hated himself!

  Very hate!

  Very regretful!

   Immediately he slapped himself severely on the left cheek!

   A loud bang of ‘pop’ echoed in the trading room.

  Zheng Yufei sat on the stool for several hours in deep thought before leaving.

  The next Tuesday, he came to the trading room early, waiting for the Hang Seng Index to open!

  Time passed by one minute, it was a torment for Zheng Yufei, he thought of many possibilities!

  First, the Hang Seng Index opened sharply.

  Second, the Hang Seng Index opened sharply.

  Third, the Hang Seng Index gapped at the opening.

  Fourth, the Hang Seng Index opened more jumpy.

  ··

  Finally, the Hang Seng Index opened, jumped 100 points, and opened at 20300!

  Malaysian Public Bank’s account was immediately liquidated!

  Then the Hang Seng Index began to soar!

  Broken up 200 points in 15 minutes!

  Explosion from position 20300 to position 20500!

  Zheng Yufei fell on the stool in despair, his eyes dull and dull!

  As soon as the Hang Seng Index opened, their accounts went out of order!

  The short list of 200,000 lots of Hang Seng Index in the account was forcibly liquidated!

  The average position to close the position is 20400, and this time a total loss of 450 points, a loss of up to 4.5 billion!

  The last 500 million is left in the account!

  Public Bank Malaysia is completely finished!

  (End of this chapter)