Chapter five hundred and sixty fourth Jedi counterattack
"Huh, I've caught up!"
Kang Yiwen sat in her seat in fear. At the last moment, he finally returned all the misappropriated stocks. The price of HK$25 also allowed these people to agree to the suggestion of clearing.
"The Kang family has started to release goods!" The trader in charge of Shanghua Technology shouted and looked at Pang Zhou in anticipation.
Pang Zhou nodded with satisfaction and smiled: "The receipt has been slowly reduced from HK$22 to HK$18!"
Kang Yiwen's plan is very clear. After raising the stock price, he borrowed the stock and filled in the misappropriated account. After his client agreed to clear Shanghua Technology Co., Ltd., the market's stock price will inevitably gradually fall. If it falls below HK$23, he can reclaim the lent shares and give it to other brokers who have lent them.
If it weren't for the Kang family's relationship network for more than ten years, if it weren't for the Kang Yiwen's reputation over the years, it would be impossible for him to achieve this level in such a short time.
Pang Zhou already has 10% of Shanghua Technology's shares. Now selling orders are piled up in the market, and the stock price is also slowly declining, and the number of acquisitions is almost showing explosive growth!
"It's 40%!" The trader shouted excitedly. If the acquisition case of more than 100 million US dollars is successful, these traders will get at least one thousandth of the bonus!
"The Kang family already has 60% of the shares..."
The traders didn't have long been happy when they saw the trading volume in the market began to shrink rapidly. It is easy to judge this situation, that is, retail investors and investors have already shipped.
Xinke Computer Company's acquisition of Shanghua Technology can be said to have failed.
Liu Hui looked pale, and these 40% of the shares were acquired with funds from Xinke Computer Company. Now the Kang family has the initiative. The share price of Shanghua Technology will inevitably continue to fall so that the Kang family can return the borrowed shares at a lower price.
Xinke Computer has no chance to hold Shanghua Technology. So what determines its price now is its own value and market environment. This 40% of Shanghua Technology. Even if Xinke Computer Company ships the goods immediately, it will definitely lose a lot of money.
"Pang, Mr. Pang, what should I do?" Liu Hui did not dare to get angry with Pang Zhou, not to mention that he had a giant like Liuer Investment Fund. With his relationship with Zhou Shuo alone, Liu Hui, who had no chance of independence, dared not touch his tiger beard.
Pang Zhou seemed to have no feelings for Liu Hui's despair, but just raised his hand to look at the watch on his wrist. He did not feel ashamed of messing up the matter at all on his expression, but instead looked forward to it inexplicably.
"Mr. Pang, Mr. Pang!" Liu Hui swallowed and continued to scream twice...
But I heard Pang Zhou chanting the countdown in a low voice: "5,4,3,2,1!"
drop--
The electronic clock on the wall rang on time, and at 15:30, it just rang simply. However, when many people recalled this sound, they felt that it was suddenly ringing a big bell!
"What's going on!"
"Look at the big screen!"
"OMG!"
The Hong Kong stock market is in full bloom!
"Ha, we won!" Pang Zhou raised his hands high and cheered loudly!
However, in the huge large room, he was the only one who shouted enthusiastically. Everyone else was a demented face and looked at him venting his joy in the province.
"Mr. Pang, what's going on?"
Liu Hui found that he had not had enough brains. Even though the acquisition had failed, why did he suddenly usher in a major reversal? Not only Shanghua Technology, almost the entire Hong Kong stock market, achieved a Jedi counterattack!
I haven't seen what Pang Zhou did before, no. What he did - he has been looking at the watch! How can a watch be able to make the Hong Kong stock market look red? This is unreasonable.
"Okay, don't be stunned!" Pang Zhou shouted: "Shanghua Technology's selling orders will appear soon. I will collect them at any price!"
"Oh, yes!"
The traders had no time to question, and under the regulations of professional discipline, they had to temporarily cheer up and focus on the stock market.
Only Liu Hui was still pulling Pang Zhou for no reason and asked in confusion: "Mr. Pang, please give me an explanation, otherwise I would be in a state of mind..."
"It's very simple." Pang Zhou blinked his eyes and said in a low voice in Liu Hui's ear: "The country has come forward to support the market."
"ah!"
Liu Hui almost jumped three feet high. There would be no other country in Pang Zhou's mouth. It must be the central government's actions!
"This, how could the country take action so quickly?" Liu Hui was a little incredible. Soros had been reserving ammunition for more than a year in order to attack the Southeast Asian economy, so he could destroy a country's economy in one go.
When it comes to Hong Kong, Soros only started to take action in September. In October, the Hong Kong dollar held the 8:1 line of defense under the suppression of Southeast Asian financial storm.
This is not a good thing just by issuing an order from the government, but a result that can be guaranteed by raising funds and using foreign exchange to support Hong Kong dollars with real money.
According to some people's private channel analysis, in the previous exchange rate defense battle, the central government used at least tens of billions of dollars in foreign exchange reserves. However, although it held on to the Hong Kong dollar, the Hong Kong stock market and the real estate market collapsed.
Internationally and even domestically, people who have some research generally believe that this level should be everything the central government can do. After all, in the last year, that is, in 1996, China's foreign exchange balance was only more than 100 billion US dollars. In other words, the US dollar in such a big China is just a little bit. It looks like a lot, but it really doesn't have much.
To save the market, taking out more than one billion yuan is one-tenth of foreign exchange reserves, it must be the limit.
Actually, this is true. Domestic and foreign exchange reserves are increasing every year, but in 1997, the country was not as rich as later generations. With more than one billion US dollars in support of Hong Kong dollars, it is impossible to take out the US dollar again. This is not that China has no money, but if it is RMB, it is as much as it wants.
However, the stock market and the real estate market are different from the foreign exchange market, and they do not necessarily need the US dollar. These two rescues are actually mainly to make the Hong Kong dollar on the market full and reduce the supply of Hong Kong dollars due to the exchange rate.
Putting it on the central government, the investigation that Zhou Shuo submitted it a year ago played a big role!
It is really not too easy to acquire Hong Kong dollars from one year in advance. It is really not easy to save up thousands of Hong Kong dollars in more than a year. Now that the central government has suddenly entered the market, the huge investment of Hong Kong dollars has easily made the world active.
Leading with the real estate sector that Pang Zhou had previously raised, the three leading companies, including Er Li and Feng, were already in full swing. In the last half hour of the closing, a large number of Hong Kong dollars suddenly poured out, directly raising the stock prices of the three companies to before the stock market crash.
There is a saying in the stock market that you can’t buy at the daily limit and you can’t sell at the daily limit. Although Hong Kong stocks do not have a limit limit setting, the truth is the same.
Soros speculates on Hong Kong stocks and the real estate market, so they must use short selling as the main method. They borrow stocks from other brokerages, and after selling, they wait until the stock price falls before buying back and making up for it.
But the problem is that Hong Kong stocks have just bottomed out, and shipments are not a matter of a moment. Many international hot money investments must have been withdrawn before they had time to withdraw, and Hong Kong stocks suddenly ushered in a full-scale rise.
At this time, these people, of course, including the uncle and nephew of the Kang family, could not buy the stocks they bought after borrowing them.
In the technology sector of Hong Kong stocks, the first thing that led the rise was Shanghua Technology stock, which had been entangled for a long time. Starting from HK$17, a straight line was almost pulled out and it instantly rose to more than HK$20.
What followed was the rise of the entire technology sector. The prosperity indicator of Hong Kong stocks, the Hang Seng Index has appeared red for the first time in 13 days, which shows that the entire market has returned to the price that closed yesterday!
The Kang family is not the only stock of Shanghua Technology. They are not only the main force in shorting Hong Kong stocks, but at least they are also accomplices of Soros.
Under this fierce pull-up, Kang's family, which uses a lot of margin trading, easily pulled the losses near the cordon!
"Uncle Fifth, if we want to rise again, the Shanghua Technology we borrowed will be in liquidated!"
"Bastard! Bastard!" Kang Yiwen smashed the tabletop of the transaction terminal frantically. His eyes were flawed, and his palms were bleeding from his fists, but he didn't feel it at all.
"Shipment, and give the remaining 20% of our own shares to Xinke Computer..."
Kang Yiwen took a deep breath, sat down weakly, and said dejectedly: "Before the fact that the position has not been forced to close, leave all Shanghua Technology out, and then clear the short position..."
"It appears! Shanghua Technology's large selling orders! The price is HK$20, and it is 100,000 lots at a time!"
"Cover, buy it with all your might!"
This time, without Pang Zhou's command, Liu Hui stood up excitedly and laughed: "No matter how much the quotation is or how much goods are sold, we need as much as our new computer!"
In just ten minutes, another 20% of the shares were acquired by Xinke Computer Company at a price of no more than HK$22. So far, Xinke Computer has mastered 60% of the shares of Shanghua Technology.
"Report to the Hong Kong Securities Regulatory Commission that our Xinke Computer Company has completed the acquisition of Shanghua Technology and is preparing to reorganize the asset, request, stop, and sign!"
"Success!"
"Success!"
"We succeeded!"
All the traders in the big house shouted, and such an acquisition experience was also uncommon for them. In just this day, there were too many twists and turns, so many that it made people feel as if this was the most exciting time in their lives.
Chapter completed!