Chapter 705 The first hedge fund (XI)

   "They're completely screwed!"

  When he heard that Tianyu Fund borrowed funds from brokers, Gross's first reaction was that there was a problem with Tianyu Fund's cash position. He, who has always been rigorous and serious, did not choose to believe this, and asked his subordinates to check carefully, and after confirming in every possible way, he announced ecstatically.

  What Gross didn't know at all was that the news they got was deliberately released to them by Soros. But even if Gross knew that someone else did it deliberately, he would not care. This is determined by his status as the king of the bond market. After investing nearly $5 billion in positions, Gross will never allow the siege to fail.

   "They are doomed!"

  Erian Muhammad also nodded in agreement, with a slightly surprised expression. As for the consequences of Tianyu Fund being besieged and defeated, this was obviously within his expectations. However, Tianyu Fund announced that its cash position was exhausted after only supporting it for such a short time, which surprised him a bit.

   But when he remembered that giants like Goodman and Stanley had also fallen into a situation of insufficient cash in the whirlpool of rumors, Elian Muhammad was relieved. When the economic situation is severe, no matter who it is, once it gets into the trouble of rumors, the cash will be consumed quickly, just like today's Tianyu Fund.

   "It's time to add another handful of firewood!" He clenched his fists excitedly, his expression was ferocious, and his temples were so excited that he could see a slight bulge. "In one go, the Tianyu Fund was completely beaten to the point of no return."

"I think so too!"

   Gross is very satisfied with Elrian's performance, and the other party is expressing his heart. For Gross, his greed is no less than Soros. Especially for the behavior of "beating the dog in the water", Gross is particularly enthusiastic and good at it. It’s just that for bond funds, due to the limitation of yield rate, the corresponding degree of attention is not as good as that of hedge funds, so to a certain extent, his name is not as big as Soros.

Now there is a great opportunity in front of Gross. Although he is already the "bond king" and does not need to fight for his name, he still covets the huge profits contained in it, so he will never miss such an opportunity. Chance.

   "How much position do we have left?"

   Gross touched his chin and thought for a while, then asked, "Also, how much can we borrow from the broker?"

"The ten-year treasury bond currently has a position of about US$3 billion. If we borrow from brokers, I estimate that it will not be a problem to make up US$2 billion. We can at least establish a short position with a position of about US$10 billion." Erian Muhammad said casually.

  His memory is particularly good, all kinds of numbers seem to be seared in his mind, and he can easily come up with it without any effort.

"it is good!"

Gross slapped his thigh, "Don't let this news leak out until our position is in place. Then we will spread the news to let the whole market know what's going on with Tianyu Fund. I believe it won't be long before they will I will completely surrender!"

   "This trick is ruthless!"

  Erian Muhammad's mouth twitched slightly, secretly startled, unable to say a word for a long while. According to his personality and style, he might think that he would spread the news to the market immediately and gather everyone's strength to oppress Tianyu Fund. But Gross took a more advanced step, first replenishing his ammunition depot, and then calling on everyone.

  Although it is difficult to distinguish between the two, from the perspective of income, it is undoubtedly Gross's strategy that is more aggressive and fierce.

   Pacific Investment Management Company's position replenishment action was very fast, and news came from the broker soon. Then their traders began to spread the news in the market, and while the phone rang one after another, traders in the entire bond market knew the news that Tianyu Fund had cash troubles. On the surface, various traders are inquiring and spreading news, but secretly, the funds that these traders work for are gearing up, preparing for the final fatal blow to Tianyu Fund after the market opens on Monday.

  The prey has been cornered, and now it's time to harvest.

  …

When the news from the United States reached Hong Kong, the traders of Tianyu Fund were all anxious. Although they were full of confidence in Zhongshi, Zhongshi was at the forefront of this "battle" from beginning to end. It happened that they directly obey Jiangshan, and they don't have blind confidence in Jiangshan.

   They are also the most aware of the news that the Tianyu Fund is insufficient. Rumors became facts, everyone was like fish on the chopping board, only to be slaughtered by others, and the morale of the entire Tianyu Fund was extremely low for a while.

  Faced with this situation, Zhong Shi still did not encourage traders through public speeches or internal emails, which made the hearts of Tianyu Fund fluctuate. Some traders even believe that the myth of Zhongshi's invincibility may be destroyed.

  Of course, no one thinks that the Tianyu Foundation is doomed. After all, so far, the position of this transaction is only about 20 billion U.S. dollars, which is nothing compared to the entire fund.

   But if this "battle" is really lost, it will be a milestone for Zhongshi to fall from the altar to a mortal.

For the fact that the deified idol is about to be shattered, some old traders have mixed feelings. Some of them are even the veterans of Tianyu Fund when it was first established, and some joined Tianyu Fund in 1998. The scene of international speculators scrambling. Over such a long period of time, these people have become Zhongshi's most loyal believers and do not doubt every decision he makes, because the market finally proves that Zhongshi's decisions are correct. But this time, an exception may be made.

  Those traders who have not joined for a long time appear to be much simpler. Although they had also heard of Zhong Shi's illustrious name, there was still a big gap between what they heard and what they experienced. For them, it may just be a disastrous investment failure.

  Although there are different thoughts in their hearts, every trader’s face was extremely solemn when they started work on Monday. Some of them planned to witness a historic moment, while others were thinking about how to try their best to reduce losses.

   "Gentlemen, we will not lose!"

  Before the market opened, Zhong Shi finally showed up. His face was flushed and his complexion was good. He didn't look worried at all, which made everyone feel relieved. And what Zhong Shi said next made everyone feel a little more confident for no reason.

   "Today you will see what the market really looks like."

Zhong Shi jumped onto a desk, looked around, and had a panoramic view of everyone's reactions, "We have been talking about what value investing is like, and how the invisible hand allocates resources to reach Pareto. Optimal. But today’s scene cannot be said to subvert the free market economy, but at least it will tell us from the other side that the factors that affect the market are not limited to supply and demand.”

"As for the situation in the 10-year U.S. Treasury bond market, I believe you gentlemen are more familiar with it than I am. What I want to say is that even if we lose here, it's okay, after all, this is not an area we are familiar with. But so far , It is not certain who will win and who will lose, so everyone should not be discouraged prematurely. Many of the rumors in the market are true. I have long known the fact that Tianyu Fund was besieged. But why are you fighting? Stubborn. I believe that after today, everyone will know the answer."

"Gentlemen, now we only have a cash position of less than 1 billion US dollars. However, after discussing with me, Jiang Shan and I have no plans to set any strategy today. You can play freely according to the authority at hand. But there is only one point, that is, after the market closes, any Traders who enter the market must have more positions than they currently have. In other words, the general direction of today's strategy is still to buy more. Of course, if you are not interested, you can do nothing and observe all day The situation on the board. If you feel bored, you can get off work now!"

  These words shocked everyone.

   First of all, it is to take out 1 billion US dollars and still go long, and it is an indifferent attitude, that is, whether it is short-term or intraday operation, it is completely in the nature of playing tickets, which is simply to give up resistance directly. This is not the most shocking thing for everyone, the so-called speech that can be played or not, made everyone shocked and puzzled. Even if you don't invest the 1 billion U.S. dollars, it's not a big deal?

  Where did Zhongshi’s confidence come from when he resisted the market’s counterattack?

   All of them looked at Zhong Shi in unison, expecting him to express the doubts in everyone's hearts. But after Zhong Shi said the above words, he didn't say anything more, just jumped off the table, and walked away Shi Shiran.

What Zhong Shi said before did give the traders a shot in the arm, but everything that followed seemed very nonsensical, which made the traders very puzzled, and the stunned group of people stared blankly. Eyes, don't know what to do next. When they turned their eyes to Jiang Shan for help, Jiang Shan couldn't bear the pressure, and followed Zhong Shi's footsteps with an apologetic face and slipped away.

"what should we do?"

   Without a backbone, traders are in a mess, and everyone is asking.

At this time, an elderly trader stood up and said loudly: "Colleagues, don't panic for now. In the current situation, we can only do our best and obey the destiny. Personally, I think that when the market opens Smashing and smashing, hoping to win over some of the allied forces. But if we encounter a fierce attack from the opponent and run out of ammunition and food, we will be unable to do anything."

   After finishing speaking, he glanced desperately at Zhongshi's office, and then shouted hoarsely: "We will not retreat until the last penny is exhausted."

  Infected by him, other traders also burst into emotion, raised their fists one after another, and shouted loudly: "Never retreat! Never retreat! Never retreat!"

  …

   "You really don't plan to take care of it?"

  In Zhong Shi’s office, Jiang Shan was very disturbed when he heard the high-pitched shouts outside, and couldn’t help persuading him, “If this happens, it will dampen their enthusiasm.”

  Although traders follow orders to trade, for traders of Tianyu Fund, they still have a certain degree of autonomy. But if it's a $1 billion deal, none of them have that experience.

   "The market is out of my control, so we'll wait quietly."

  Zhong Shi fiddled with his fingers boredly, and replied absently, "As for those funds, let them play. Maybe there are guys who are good at ultra-short-term can make profits today."

   "I'm really curious, who is your ally?"

  Although he warned himself many times, Jiang Shan still couldn't restrain his curiosity at the moment when the answer was about to be revealed.

   "The Number One Hedge Fund!"

  Bending forward, staring straight at Jiangshan, Zhong Shi said in a word, "That's right! It's the number one hedge fund! And it's the number one hedge fund in the world!"

   "At any time, don't fight this hedge fund, otherwise no matter who it is, it will die a miserable death!"

   "Whoever it is?" Jiang Shan asked in shock.

   "Yes, not any institution!" Zhong Shi's tone was very serious, his expression unprecedentedly dignified, "Including our Tianyu Fund!"

   Thanks to book friends Jiangnan Liu Feiyan, Huan Ge, Europe 56, and Xiao Shuili for voting monthly tickets! This month's situation is not very good again, the author cheers silently...

  

  

  (end of this chapter)