The Son of Finance of the Great Age

Chapter 435: Can't swallow (continued)

  Chapter 435 Can't swallow (continued)

   "5 billion Hong Kong dollars!" Zhong Shi stretched out one arm, opened it high, and made a five gesture, "We want to put 7000 points on the market!"

   "Good!" The researchers and traders applauded loudly, and the atmosphere reached its peak in an instant!

  "Splurging" five billion Hong Kong dollars in a single day, for most of them, is simply something that they can't even imagine in their trading careers. This number means that they can buy whatever they want, and buy whatever they want. You must know that one lot of HSBC Holdings shares is only 60,000 Hong Kong dollars. To consume this capital, you have to buy close to 100,000 lots to consume it. do. Although compared with HSBC Holdings, which has a total share capital of more than 40 million lots at this time, these are just a drop in the bucket.

  However, the inflow of 5 billion Hong Kong dollars in a single day is definitely a big move that can detonate the stock price for the current HSBC Holdings, and its stock price may rise by several percentage points as a result. The rise of HSBC Holdings, which accounts for 15% of the market value of the entire Hong Kong stock market, can drive the entire market up.

   Soon, when the bidding period ended, investors were surprised to find that the Hang Seng Index soared all the way to the green, and it seemed that it was not affected by Soros's article last night. Although the rising market instead of falling caught their attention, not many people followed and placed orders at first, because they didn't know what it was all about.

After the market opened at 6649, the index only fell slightly by 6 points, and the buyer's column of constituent stocks was filled with overwhelming buy orders. Many of them wiped out the original sell orders at the corresponding price in an instant, and then the stocks were miraculously sold out. The ground turns red to green, and prices begin to rise rapidly.

And this kind of situation is most obvious in the buying and selling column of HSBC Holdings. Originally, 1,500 lots of sell orders were placed at the price of 149 Hong Kong dollars. Half of the 1,500 lots of sell orders were consumed within five minutes. When the sellers realized that the momentum was wrong, their defenses had already been consumed by the opponent's heavy firepower.

  Naturally, the bears were not going to let it go, and after a slight delay, they began to gather at the 150 level again, throwing out a large number of selling orders. But different from what they expected, the buyer doesn't seem to care how much they sell, and just keeps eating, eating, and eating. Soon, the 150 line of defense was breached again.

  The opponent is unstoppable, so stay away first. Thinking in this way, the short side quickly began to retreat gradually. After dropping thousands of selling orders between 152, 153 and 154, they re-stacked a line of defense near 155.

  According to their estimates, after the other party took down more than 5,000 lots of HSBC Holdings so fiercely, there should be a lack of succession in funds. So they waited there with all their leisure, and when the opponent started to vomit, they defeated him in one fell swoop.

   However, today's scripts are not destined to be written by them. As more and more buying orders emerged on the constituent stocks, the prices of many stocks rose, and the entire Hang Seng Index also rose. After the index rushed to 6800 in one breath, many small and medium-sized investors rushed to enter the market as if they had just woken up from a dream, and began to follow the funds to buy.

   As a result, short sellers have to stay away from causing the entire market to turmoil. After all, they cannot go against the entire market. Real estate stocks such as Hong Kong Telecom, Huade Real Estate, Sun Hung Kai, Changhe Industrial and other real estate stocks rose significantly, breaking through 5% at noon. With the recovery of real estate, financial and other sectors, other sectors also followed suit. The market is almost full of flowers blooming and a hundred schools of thought contending, and all of them are gratifying green.

   By the noon bidding time, the Hang Seng Index had risen by 351 points, reaching as many as 7,000 points. Although most people in the market still don't understand why the Hang Seng Index has skyrocketed, this does not prevent them from entering the market to chase the rise.

  As soon as the market opened in the afternoon, the upward momentum of the index remained undiminished, and the main funds for buying did not break down, and the market continued to be optimistic!

  Only on HSBC Holdings and Hong Kong Telecom, the short sellers began to attack tenaciously. After all, these are super heavyweight stocks. As long as the prices of these two stocks can be driven down, it is hard to say who will die and who will live.

   Gradually, as the trading volume of HSBC Holdings soared, investors in the market began to set their sights on this place. In its buying and selling column, the long and short sides change hands quickly and frequently, and the number of traded hands at almost every minimum price has reached hundreds of hands.

   It just surprised the short sellers that no matter how much money they mobilized and how many HSBC stocks they sold, the bulls seemed to be able to follow. Since they are the largest sellers, they know almost everything about the selling situation in the market, and soon they discovered a phenomenon that frightened them: the bulls did not spit out any HSBC shares, even though the price rose by 9 points as much.

   "Swallow but not spit!"

  The short-selling party kept muttering in his heart, what is the situation? Because this is not in line with normal trading strategies at all! Generally speaking, if such a large amount of funds is used to buy a certain stock, once the rise follows the trend, the operating party will inevitably take the opportunity to spit out part of it. First, it may alleviate the pressure on funds, and second, it will be safe.

  But the other party has no intention of converting it into cash at all. They are still buying, buying, and buying on HSBC Holdings! Therefore, although the short sellers were suddenly suspicious, they did not dare to be careless at all, frantically mobilizing the HSBC shares borrowed from various brokers to fill the battlefield here.

  Among the frenzied wrestling between long and short sides, HSBC Holdings directly became a meat grinder, consuming all the funds continuously invested by both sides. The huge amount stunned everyone who noticed the battle here. Almost every sale and purchase of buyers and sellers is no less than 100 lots, which is 6 million Hong Kong dollars, and the number of hands traded by both parties can even reach thousands of hands per minute, which is 60 million Hong Kong dollars.

  However, until the close of the market, there was no winner. In the end, the stock price of HSBC Holdings stayed at 158 ​​yuan, but failed to reach 160. The increase was 4.6% all day.

In other respects, Tianyu Fund's selling was a great success. Under the buying of massive funds, the Hong Kong stock market soared 584 points all day, closing at 7224 points, an increase of 8.3%, sweeping away the decline of the previous period , really elated!

   Thanks to book friends dkmiror and Ting Zhang Ge Shang for voting monthly! Thank you for your support~!

  

  

  (end of this chapter)