Zhong Jialiang looked at the trader in his field and proudly pushed his five fingers at him, while William next to him also sneered and pushed his hands away at the trader in the field.

This is very clear: Sell!

"The big thing is not good! Hai Song and the Western Opium Guild are selling it! Give it to whoever you want! Damn!" The crowds of people outside the market were crowded, and a trader who passed the price shouted loudly at his employer with sweat on his head.

Ten minutes later, January futures, which had just pierced 800 taels in the morning, fell back to 790 taels.

The scribe writes the latest quote every 10 minutes on the big blackboard in front of the exchange.

After 10 minutes, 770 taels;

After 10 minutes, 750 taels

"How is that possible!"

"Oh my God! Oh my God! Oh my God!" The black speculator group in front of the blackboard screamed from time to time.

"Impossible, this is a trap. They want to force us to turn short! Their ship is sinking!" Nicholas yelled at his friend in the crowd.

One hour later, 700 taels!

"Wow! Wow! Wow!" A member of the exchange covered his heart, foaming at the mouth and fell under his seat, and then fell down. Zhong Jialiang looked at the messy seat of the exchange and sneered, pouring expensive top-quality red wine for William next to him, but smiled and said, "Mr. William, I have a family dinner tomorrow night. I want to invite President Yihe and you to attend, and I will definitely enjoy the scenery."

"Wow! Wow! Wow!" In the crowd in front of Nicholas, an old man with white hair covered his chest and fell into the crowd. The young man beside him immediately helped him up in horror and shouted loudly: "Master! Master, what's wrong with you!"

The old man pointed at the blackboard tremblingly and exhaled three words in his last breath: "Why!"

Nicholas teared his hair wildly, and the blackboard seemed to be Satan's grin. Everyone in front of him had red eyes staring at the blackboard, but they were rubbing their chests and pulling their hair.

A young child voice sounded outside the crowd: "Extra! Extra! The missing Western Opium Guild! The Indian fleet has been found and will arrive in Haijing safely this month. The president of the Jardinet Chamber of Commerce and others thank the Song Dynasty Navy for the help! 10 copper coins! 10 copper coins!"

"Sell! Sell!" Someone roared, and the crowd screamed and wailed or rushed towards their agency trading club.

In the evening, in front of the exchange, Lao Qin laughed and waving the short-selling contract in his hand. This contract made him sell opium to the exchange at a price of 850 taels. If the opium is only 600 taels in three months, he would make 250 taels of silver per box and shouted: "I'm so fucking damn it! I'm fucking sending this!"

Then he knelt on the ground and cried, sobbing, "Brother, if you have money, you can hold on for more than one day, you won't commit suicide. You are right. It's normal for opium to rise so much, and it will definitely fall! Brother!"

Not far ahead of him, Nicholas, who was like a zombie, opened his mouth and stared at the last "600" number on the blackboard. With his ten times the leverage, as long as the futures price drops by 10%, he will lose everything, and now he actually dropped 33% in 2 hours!

This devilish number means that he will be directly exposed, and his account on the exchange will be negative, and it will be cleared directly. The 120,000 US dollars will disappear in the blink of an eye. All of this money will be entered into his opponent's pockets, those short sellers who have ambushed in advance in the market.

Who is shorting?

On Black Friday, 1855, with 10,000 boxes of opium being shipped to Haijing, the opium on the Haisong Royal Commodity Exchange collapsed, and the price of futures contracts fell sharply from 810 taels to 380 taels within a week.

90% of Haisong opium speculators lost all their money, and the crying in front of the exchange was shocking.

Two weeks later, led by the Jardinet Chamber of Commerce and the American Chamber of Commerce, Western opium merchants donated a shipyard to the Haihuang, and before that, they donated two warships of 50 guns.

A month later, the Haisong patriotic business group: the Song Dynasty Foreign Medicine Guild donated a musket factory.
Chapter completed!