The Son of Finance of the Great Age

Chapter 305: Increase position again

  Chapter 305 Increase position again

  In addition to the speeches of the official top figures to boost market confidence, as many as 24 listed companies issued announcements after the market closed, announcing the implementation of stock repurchase plans of varying amounts in the market to stabilize stock prices.

This kind of crazy decline is not only frightened by investors, but even the management of listed companies can't sit still. If their stocks continue to fall, don't say that they can only rely on financing from the stock market, even whether ownership can It's hard to keep it.

  So at this difficult time, some smart managements of listed companies decided to repurchase shares in cash. On the one hand, it is to boost the market's confidence in the company, and on the other hand, it also means to prevent hostile takeovers. After the acquisition, the average price of the stocks they hold will drop, and it may not be a good investment method to sell them when they rebound in the future.

  With the government and enterprises making voices one after another, analysts began to predict that a sharp rebound is likely to occur tomorrow, suggesting that investors seize this rare opportunity and so on.

  …

   "Uh... how comfortable to sleep!"

Zhong Shi, who woke up from the dream, stretched comfortably, then wiped his mouth subconsciously, and then opened a pair of sleepy eyes, only to find Ma Jiarui and Ren Ruowei standing in front of him, They all had weird expressions on their faces.

  When Zhong Shi saw the expressions of the two of them, he was taken aback for a moment, a little puzzled, and then immediately noticed something, his face turned red, he quickly took the cleansing tissue from the table, and wiped it vigorously on the table in front of him. There, a huge pool of water is shining in the setting sun, which is the saliva that Zhongshi drools when he sleeps.

  Ma Jiarui and Ren Ruowei turned their faces away at the same time. Although they suppressed their smiles, the expressions on their faces showed their inner thoughts clearly.

   Half a minute later, Zhong Shi cleaned up the water stains. After coughing lightly, he put on a nonchalant expression and asked casually, "What's the matter?"

  When Ma and Ren heard what Zhong Shi said, they almost fainted on the spot. A major event similar to the "stock market crash" occurred in Hong Kong stocks, and they fell by more than 1,000 points all day. But their immediate boss, who was almost regarded as a **** by them, didn't notice it at all. This kind of strong contrast made them unable to accept it at all for a while.

  Fortunately, both of them are experienced professionals, and their psychological qualities have long been hardened by the ups and downs of the wavy lines. If it was replaced by a person whose heart is not strong enough, I am afraid that the blood vessels would burst on the spot.

  Even so, the two of them were suffocated by Zhong Shi's words, their faces were flushed abnormally, and they didn't say a word for a long while. In the end, it was Ma Jiarui who had the better mentality. After experiencing the initial speechlessness, he said, "Zhong Sheng, the Hong Kong stock market has plummeted today. No stock in the market has risen, and it has fallen by more than 1,200 points all day..."

"Oh?"

Zhong Shi rolled his eyes abruptly, with an attitude of complete indifference. After a moment of silence, he suddenly said something that almost made Ma and Ren vomit blood on the spot: "What does the sharp drop in the Hong Kong stock market have to do with me?" ?” After finishing speaking, Zhong Shi closed his eyes and ignored the two of them.

  The lethality of this sentence is far more powerful than the one just now. It directly made Ma and Ren look at each other, not knowing what to do next.

Half a day later, when Zhong Shi opened his eyes again and found that the two were still standing in front of him like tree stumps, he couldn't help feeling a little annoyed, and said in a bad tone: "I know what you are going to ask. It depends on their intentions and movements. Just go and take a good look at the trading situation of the Hang Seng Index futures market. If I am not wrong, they must have taken advantage of the market crash to close out some of their positions today. Also, the foreign exchange market should also be watched, according to my The logic of the analysis, since their goal of feinting in the foreign exchange market has been achieved, they will naturally start to cover their positions in the Hong Kong dollar. If the Hong Kong dollar appreciates, it will explain everything!"

  Although he still looked casual on the surface, Zhong Shi knew very well in his heart that the purpose of the two people's visit was nothing more than asking about the movements of international speculators. Although he hasn't carefully observed the situation on the market, he put himself in his shoes and thought about it. If he is an international speculator attacking Hong Kong, he will make a profit and leave the market as soon as possible after making so much profit in the past few days. It's the most important thing right now.

   As soon as the two of them heard Zhong Shi's words, they immediately understood and left Zhong Shi's room quickly without interrupting.

  Being disturbed like this, Zhong Shi naturally had no intention of going back to sleep, he shook his head helplessly, lit a cigarette, and smoked relish. After half a day, I suddenly realized that today was too quiet. Except for the two people who were not very knowledgeable just now, there was not a single phone call. Normally, there would be a phone call almost every half an hour. In addition to internal people, they are analysts and chief economists of securities companies.

  The more he thought about it, the weirder it became. Zhong Shi couldn't help but look at the phone on the table, which made him laugh dumbfounded. He didn't know when the phone line was unplugged by himself. No wonder there was no phone call for so long. Zhong Shi scratched his head, got up and connected the phone line, but before he returned to his position, the phone beeped.

"Hello!"

  Zhong Shi frowned, feeling something was wrong in his heart. It was obvious that the caller was quite urgent, and he might have been dialing his number all the time.

"Hello, is this Zhong Sheng?" The person on the phone heaved a sigh of relief when he saw someone answer the phone. He had been calling for more than half an hour, but no one answered the phone, and now he finally got through. , which made him extremely excited.

   "Broker Yu, what's the matter?" Zhong Shi heard from his accent that it was Yu Detong, his futures broker, and felt a little strange in his heart, but he obviously didn't take it seriously, so he asked casually.

  Yu Detong on the other end of the phone was speechless for a while, and then asked cautiously: "Zhong Sheng, did you sell your short position?"

   "Shouldn't be there?" Zhong Shi tilted his head and thought for a while, "You can't use my account without my trading instructions. I shouldn't have issued relevant instructions, right?"

"Yes! Yes!" Yu Detong quickly cleared up, "We didn't use your account without authorization, you can rest assured about that. Zhong Sheng, the stock market fell sharply today, why didn't you take advantage of the low point to close your position? Later, there was a rebound, and the floating profit on your account has lost a lot!"

   "..."

Zhong Shi was speechless for a while. Naturally, it was impossible for him to tell this dedicated broker that he had fallen asleep and forgot to operate. He could only falter for a long time before he found an excuse: "My short positions are for hedging. Hold it, and don't care about the gains and losses overnight."

As soon as his words fell, there was a gasp of air from the microphone, and after a long while, Yu Detong grinned and said: "Since this is the case, do you need me to help you transfer some positions to November?" on the contract?"

After Zhong Shi established a short position before, he has not operated on a large scale, and with the continuous decline of Hong Kong stocks, the profit of this part of the position has gradually increased, which also made Yu Detong's brokerage behavior very eye-catching. After all, 8500 shares A short contract position is extremely rare at any brokerage house.

When the Hang Seng Index fell to 10,000 points, the whole brokerage house was boiling, because according to the average price of Zhongshi before, if the position was closed at that time, even if the price was around 10,000 points, the final profit may be close to 1.8 billion Hong Kong dollars. Although the brokerage houses don't have too many tricks, their customers are making so much money, which is definitely a huge benefit to their reputation.

During the trading session, Yu Detong frantically called Zhong Shi, hoping that he could close all the positions as soon as possible, but the tragedy was that Zhong Shi's phone could not be connected, and naturally he didn't know where Zhong Shi was going. is how it works.

After the market closed, the whole brokerage house sat around expecting a myth to be born, only to be shocked that the open short positions on their seats hardly changed much, except that there were less than 1,000 Outside of the single reduction, the big shorts didn't even trade much, much to their surprise.

  After the shock, the entire brokerage firm became active, and they had to clear up their responsibilities immediately. If the customer failed to liquidate their positions in time due to failure to notify, they might have to face a lawsuit. Naturally, Yu Detong started frantically dialing Zhong Shi again, and finally the emperor paid off and let him dial half an hour later.

After hearing what Zhong Shi said about hedging, Yu Detong even let go of a big stone in his heart, but before he could relax for a long time, he heard Zhong Shi say: "There is no need to change the month, and another 2,500 shares will be added. Short selling order, in October, no matter what the price is, it must be filled tomorrow, understand?"

  Yu Detong on the other side of the phone suddenly twitched, not knowing what to say for a while.

If it is only for hedging, then with so much profit at this time, it should have been considered to reduce a part of the position and transfer it to other months' contracts. After all, the trading day in October is only a few days away. . Moreover, with the positive response from the Hong Kong government and listed companies, there is a high chance that the Hang Seng Index may rise tomorrow. Under such circumstances, it is very unwise to short.

  But before he could express his worries, Zhong Shi continued to say: "You can rest assured that the most is delivery, and I still have the ability to pay."

Yu Detong thought the same thing. In a few trading days, the delivery date of the October futures contract would be. Even if there was a 1,000-point surge at that time, the balance in Mr. Zhong's account would be enough to pay, so he agreed. After one sound, he hung up the phone.

   Thanks to Magic Dragon and War Ghost for voting for monthly support again!

  

  

  (end of this chapter)