Rebirth of the Wild Age
~: One hundred and sixty one【turnover】
The exchange has closed, but many people are still stuck.
Some people lost their souls, some went mad at their peaks, some yelled at them, and some laughed wildly with excitement.
The situation on this day was unbelievable. First, it rose by 3 yuan, and then suddenly plunged by 4 yuan. Regardless of whether it is multi-party or short-term, as long as the people involved are in the abyss of liquidation, it is like playing a roller coaster game collectively.
The retail investors who had lost their money screamed and cursed the illegal operation of International Securities. Liao Guofa actively contacted the Shanghai Stock Exchange with non-Shanghai private capital forces, and wanted to discuss an explanation, but China Economic Development Corporation simply broke the mess.
"Shall we go or stay?" Zheng Xuehong asked.
Song Weiyang smiled and said, "It's all right."
Chen Tao said, "Don't laugh, okay? Lao Zheng and I lost only 300,000 yuan, and you alone lost more than 20 million yuan!"
"There is no result yet." Song Weiyang kept smiling.
"It's useless," Zheng Zhong said. "It's not that this kind of thing has never happened. In the Baoan turmoil last year, Baoan's registered capital was only RMB 10 million, while the funds used for hostile acquisitions amounted to 80 million. The policy stipulates that credit funds are used. And the illegal borrowing funds cannot be used to buy and sell stocks. Baoan is a serious violation. But what happened? The Securities Regulatory Commission only fined Baoan RMB 1 million and declared the acquisition effective."
Song Weiyang shook his head and said, "This is different. One is petty theft, and the other is murder and arson."
Strictly in accordance with the policy and regulations, whether Song Weiyang seeks a bank loan to speculate in futures, or borrows from Xifeng Company to speculate in futures, it is a malicious violation. Not only him, in this futures battle, except for the small retail investors, most of the other participants violated the rules and fought too violently, and it was impossible to get so much capital through formal channels.
Song Weiyang and many of the participants belonged to petty thefts, while Wanguo Securities was directly killing and setting fire.
Zheng Zhong has been a trader for two years. He spread out on his seat and said, "Killing and setting fire to a gold belt! I will resign tomorrow. It is too scary to do this stuff."
"You also bought up?" Zheng Xuehong asked.
"I was buying and selling a few days ago, and I also had a few jokes. I saw the good news today, so I made multiple orders for the rest of my net worth," Zheng Zhong shook his head and smiled bitterly, "It's more than 100,000!"
Song Weiyang got up and said, "I'm going to school first, and there will be classes tomorrow."
Zheng Xuehong and Chen Tao were reluctant to leave. They didn't pay much, but Song Weiyang suffered a terrible loss. They wanted to stay in the exchange to help Song Weiyang see the result.
After Song Weiyang left, Zheng Zhong asked, "This Mr. Song is still studying?"
"Well, college student." Chen Tao said.
"Song Weiyang from Xifeng?" Zheng Zhong asked.
"It's him." Zheng Xuehong said.
Zheng Zhong tweeted and admired: "As expected of a young hero, he can still laugh without blinking his eyes for a loss of more than 20 million."
Chen Tao asked: "Mr. Zheng, should the China Securities Regulatory Commission deal with Wanguo Securities?"
"It's hard to say," Zheng Zhong shook his head. "The processing will definitely be processed, but I don't know the scale of the processing. We still have a blood loss if we only punish Universal Securities. I guess, Universal Securities is betting on this. If they don't Shorting illegally will cost at least a few billion. If shorting illegally, as long as the transaction result is admitted, they will be fined 0 billion yuan willingly."
Zheng Xuehong and Chen Tao were speechless. There is only one way out, and that is, the Securities Regulatory Commission declared the last eight minutes of the operation invalid.
In fact, today, except for the majority of retail investors, all three major parties are operating in violation of regulations.
The China Economic Development and Development Co., Ltd. has grasped the inside information ahead of time, and knowing the accurate announcement time of the favorable policy is equivalent to watching the cards and playing with everyone.
Not to mention the behavior of Liao Guofa's betrayal of its allies, it was short-selling illegally at the beginning of the morning. Seeing that the momentum was wrong, it immediately flipped more and performed various illegal operations during the same period.
Wanguo Securities is even more powerful. Before the opening of the market in the afternoon, it went directly to the Shanghai Stock Exchange to request the suspension of the market. After being rejected, he quickly made preparations to raise the table, that is, in the last eight minutes, he madly dumped more than 20 million empty orders, and at the same time allowed his subordinate business department's trading seats to take long orders. Because it was a sudden attack, the computer automatically matched transactions at a rate of 800 transactions per second. Although the Shanghai Stock Exchange was aware of some illegal operations, it was too late to take any measures to stop it.
The three-party chaos, coupled with follow-up by retail investors, today only the Shanghai Stock Exchange's treasury bond futures trading capital reached 850 billion yuan, equivalent to one-fifth of China's GDP last year.
If the trouble is too big, there will be ghosts if you don't pierce the sky!
Countless people who went bankrupt and went bankrupt, rely on the Shanghai Stock Exchange and refuse to leave. Waiting until ten o'clock in the evening, the exchange suddenly announced that the abnormal transaction in the last 7 minutes and 47 seconds was invalid. The trading volume of national bonds on that day was 540 billion yuan, and the closing price of the 327 varieties on that day was 530 yuan.
If calculated at this closing price, IWC Securities has suffered a huge loss of 500 million yuan and is on the verge of bankruptcy.
And most retail investors who can directly go to the rooftops to follow the trend to buy and increase, they have risen from **** to heaven, and each one has made a huge profit, and the entire exchange is chanting "Long live."
In the boundless cheers, Zheng Zhong said in disbelief: "We won?"
"We won, we won!" Zheng Xuehong picked up his eldest brother and called the paging station. The message to Song Weiyang was only two words: Win!
Chen Tao laughed and said, "I knew that Dr. Ma would definitely not be wrong!"
Zheng Xuehong walked to the outside trading hall, and saw countless people hugging and caring together, throwing hats, leather shoes, documents, clothes, shoes and all kinds of things up, making the hall a mess.
"Hahaha~lightnovelpub.net~Zheng Xuehong laughed loudly, "This situation can be turned around, and everything will depend on Dr. Ma in the future. Dr. Ma lets go east, my old Zheng never goes west. Not only does he have a good brain, but he is also born with great luck! "
"You just know," Chen Tao said, "Walk around, go to rest first, and pull Dr. Ma out tomorrow to celebrate."
The staff of the exchange came to clear the market again, and people left with joy. Everywhere there were people shouting and drinking to celebrate. Of course, there are also some people who are desperate. It's exciting enough to sit on the roller coaster and ride the roller coaster.
Song Weiyang, Chen Tao, and Zheng Xuehong's small fights are nothing, and the three of them have made no more than 25 million yuan in profit.
On this day, many billionaires were born, and some even became the richest man in the province, but they almost did not end well.
On the second day of the 327 Treasury Bond Incident, the Shanghai Stock Exchange issued an "Urgent Notice on the Supervision of Treasury Bond Futures Trading" and issued six regulations including the "Implementation of Treasury Bond Futures Daily Limit System". Three months later, the China Securities Regulatory Commission directly cancelled the treasury bond futures products. Six months later, the person in charge of the Shanghai Stock Exchange was dismissed and punished.