Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 1190 August Futures

"The financial crisis has not passed yet. The so-called Piero and Cristo left the Port City is just a cover. In fact, they have not given up on shorting the Port City!" Zhou Ming called Tong Hua and said.

Amin reminded Zhou Ming with an unintentional word, and then Zhou Ming immediately asked Wen Zhiwei to check it out, but it turned out that there were still huge short orders in the market that were not closed. After confirming this, Zhou Ming immediately called Tong Hua to warn of this situation.

Because this situation is very wrong, the Hong Kong City stock market is improving all the time, and normal people have closed their positions and left. No one will leave so many short positions in their hands. The only possibility is that the other party is sure that the Hong Kong City stock market will fall further.

Moreover, many people have a big blind spot in financial futures. Many people only have the concept of buying and selling. Just like stocks, they buy when the price is low, and sell when the price is high to earn profits. But they forget the most basic meaning of futures, that is, "the goods delivered at maturity". In fact, the market is trading a note, and all investors are like a group of gamblers, betting that the actual value of the goods in the future will be higher or lower than the price of the order.

However, due to the characteristics of speculation and quick success, most people have already played futures into a game of passing flowers by beating drums. Those who win are eager to cash out and leave the scene, while those who lose are eager to close their positions and stop losses. Many people forget that futures have maturity delivery, just like many people forget that there are still stock dividends.

Ordinary futures are very simple. There is a quantity of goods on a note, so you can just fill the payment and go to the warehouse to take it away. Although financial futures do not have physical objects, they directly act on the index.

The rule on Hong Kong City is that every little fall in the Hong Kong stock index will generate a profit of HK$50 per short order.

To put it directly, you have a short order in your hand and the stock index falls by 100 points, and you can get a profit of 5,000 Hong Kong dollars.

This is just a short order. You should know that who would not have hundreds or thousands of short orders or orders in the hands of a normal financial institution? How big is this benefit?

It is precisely because of such huge profits that many institutions or financial wealthy families often get stuck in the futures settlement and deliberately provoke the stock market, create big fluctuations, and make the futures in their hands profit.

There is no doubt that these international investors are planning this.

"We thought they left by plane. Even if the financial crisis is over, they are building a plank road openly to secretly go to Chencang. They announced their concession, applying for routes and leaving by so much is just to attract our attention and cover up the fact that they still have a large number of short positions but have not closed positions." Zhou Ming told Tong Hua.

Tong Hua took a breath and spoke in a serious tone: "This is my mistake. I actually forgot that this is a game of capital. Isn't this putting the cart before the horse? Isn't it because I am still the eldest son of the Tong family? I made this mistake. If it weren't for you, Mr. Zhou Ming, our Hong Kong City would have suffered a great loss!"

This is indeed a big mistake. Just imagine that the foreign exchange reserves of the HKMA are gradually withdrawing from the stock market. At this time, those international capitals suddenly kill one and are easily caught off guard by the Hong Kong city, causing stock market fluctuations, just as they did before.

If this is usually not a problem. After all, as a financial center, Hong Kong City is a free port, and if it is not affected by capital several times every month, it will be a pity for its identity.

Bit.

But the current situation is completely different from usual.

"It's August now." Zhou Ming talked to Tong Hua.

A simple sentence made Tong Hua's heart suddenly feel in his throat. As the eldest son of the Tong family, who had also worked in futures before, Tong Hua understood very well what this means.

August is a very important month in Hong Kong City, especially for futures, where many types of futures happen to be delivered and settled in this month.

No one knows how many contracts the other party has. If they suddenly make efforts to short Port City at this time, it is equivalent to crossing the finish line with a whistle.

Once the other party succeeds, no matter how many times he has done before or how many times he has successfully resisted the other party's short selling, as long as he loses this time, it is still equivalent to losing this financial defense battle, and there is no room for any turnaround, unless they forcibly break the contract and refuse to pay the contract bill for stock index futures.

But fools understand that this is impossible, because doing so is no different from suicide. Not to mention overdrawing the reputation of Hong Kong City, these futures contracts are not only foreign investors, but also a lot of local capital and other international capital. At that time, Piero Cristo would not take action. These people alone can turn the Hong Kong City upside down.

Therefore, any rational person cannot do such stupid things unless he has to.

"Luckily, Mr. Zhou Ming, you discovered it in time, otherwise it would be unimaginable." Tong Hua said.

Tong Hua is really grateful because the delivery date of the futures is the second trading day to the end of August, that is, the 28th, and now it is the 17th, which means they still have a week to prepare. If they don’t find out now and the 22nd is over, everything will be over. At that time, they rushed to fight, either paying a huge price to win or admit defeat directly, but both results are unacceptable.

"I'm too lucky, I happened to think of something because of something." Zhou Ming said politely.

"Mr. Zhou Ming is modest. If you are lucky, then we can't even do it if we want it."

Tong Hua also said: "I will arrange this matter. Mr. Zhou Ming, please stay in the hospital."

It is no secret that the upper class of Hong Kong City is pregnant. Tong Hua also knows that the child in Lin Muqing's belly is Zhou Ming's, and he also knows that Lin Muqing may have a child at any time in the past few days. Zhou Ming originally planned to accompany Lin Muqing to wait for childbirth during this period, but as a result, the matter of Hong Kong City's financial defense battle has been busy. If he still needs him in this last battle, it would be unreasonable.

Zhou Ming did not show off his strength in this, but he also said that if the situation changes, he can call himself at any time.

After hanging up the phone, Zhou Ming turned around and looked at Amin in surprise: "Brother-in-law, did you not expect that you actually let go of the matter in Hong Kong City?"

Zhou Ming was stunned at first, then scratched his head embarrassedly and said, "After all, Sister Mu Qing may have a child at any time now, and the general situation in Hong Kong City is stable. Now that the problem has been discovered in advance, with the abilities of Tong Hua and Wen Zhiwei, there is still a way to deal with it..."

Zhou Ming explained it, but Amin didn't finish listening, and went to cook with cheers, "My brother-in-law finally figured it out", which made Zhou Ming laugh and cry.

Zhou Ming then sat down beside the bed and felt a little guilty towards Lin Muqing, saying that no matter what the situation in Hong Kong City was, he

I will definitely accompany Lin Muqing these days. Lin Muqing didn't say anything about this, but just held Zhou Ming's hand with her backhand. The meaning was very obvious. Lin Muqing still supported her no matter how Zhou Ming decided.

Lin Muqing also reminded Zhou Ming: "The situation is not right now, so you should pay attention."

Zhou Ming pretended to be angry and said, "Sister Mu Qing, I have said that I will accompany you well during this period."

However, Zhou Ming said this, but he knew in his heart that Lin Muqing's words coincided with his own thoughts.

...

Tong Hua is not a mediocre person. After receiving the news from Zhou Ming, he immediately organized a meeting, reporting the situation to the central government, and preparing for the Financial Management Bureau.

Wen Zhiwei was not surprised by this incident, because how could these international investors admit their failure in Hong Kong City so easily? What is the only way to do so now is to fit their personality! In contrast, I was even more surprised when I heard them admit that they had failed to withdraw from Hong Kong City.

After getting the exact news, Wen Zhiwei naturally began to prepare. On the one hand, he made public news that government funds were suspended from withdrawal from the market and made plans after the 28th futures settlement and delivery date; on the other hand, he received 30 billion yuan of funds secretly allocated by the central government.

At the same time, there were many people sitting in the office hall of Quaker Building. If Zhou Ming and Tong Hua were here, they would be surprised, because Piero, Beya, Opold, Christo and Holden were all here. Not only did they build a plank road and secretly travel to Chen Cang, they even played a trick to hide the truth and just sent their private plane away. In fact, they were still in Port City.

But the atmosphere in the office hall is quite depressing now, and Christo and Holden both looked at Bear with dissatisfaction.

"It seems that Mr. Bear, your last strategy of counterattack against Jedi has also failed!" Cristo said, his tone full of ridicule of Bear.

Holden then spoke, but compared to Christo's ridicule, his words were more practical: "There is no doubt that Wen Zhiwei's way of retaining funds is to warn us that they have discovered a large number of short orders we still have. God knows what other backup they have prepared. It seems that this time it's Boya, you really miscalculated."

But what surprised Christo and Holden, Bear said that he had not failed: "I never expected a few empty-shelled planes to deceive my opponents, and it would be a matter of time before they discovered it."

If Beya admits defeat and apologizes directly, then Cristo can still accept it, but now that Beya says this, Cristo is angry, and he immediately slapped: "Do you know that we can still stay? If we closed the position before, we can make a little profit, now stay and wait to play this death game with you? This is not a simple financial playhouse!"

Holden also said: "Yes, we had a chance to leave before, but now we can only bite the bullet and fight against the port city. You are cheating us!"

This time Opold didn't understand: "It's not like Bey's style."

Boya hugged his arms with his hands, not at all panic: "I am not gambling, nor will I cheat you. My previous guarantees to you are still valid. I will have a way to help you make money."

Christo sneered: "Okay, then I'll wait for you, but don't blame me for not reminding you that if you can't make your promise, I will choose my own way."
Chapter completed!
Prev Index    Favorite Next