MTL - The Son of Finance of the Great Age-Chapter 953 early selling
Chapter 953 Early sell-off
"Since we are on the same front, can you tell me when to leave now?"
Two days later, in Su Hai's Zekang Asset Management Company, in Xu Fei's luxurious office, Zhou Changan lit a thick cigar and sat opposite Xu Fei, puffing and puffing for a long time, and finally He asked earnestly, "To be honest, according to the current market situation, I am worried every day. Even a drop limit will cause me to lose billions of assets. Tsk tsk, this feeling is really uncomfortable."
Zekang Asset Management Company located in Suhai Financial Center is a very mysterious company. All employees use the VIP channel to enter and exit. The door is always closed and never opened to the public, and the announced phone calls will never be connected. Regardless of whether it is an interview with a national media or a small local media, Zekang Asset Management's public relations reply will always be "thank you".
Zekang Asset Management Company and Xu Fei kept a low profile to the point of appalling that not even a photo of Xu Fei's real face appeared on the Internet.
Zhou Changan, who visited Zekang Asset Management Company for the first time, looked around for a long time after entering, but he quickly lost interest after confirming that there was not much difference between this place and other companies.
At this moment, Xu Fei was sitting in front of his desk, buried in a pile of newspapers, taking notes with a pen from time to time, with an appearance of concentration. Regarding Zhou Changan's words, he seemed to have never heard of them, and continued to read them non-stop.
"Hey Hey hey!"
After a while without getting his own answer, Zhou Changan was quite dissatisfied, knocked on the table vigorously, and yelled dissatisfiedly, "Xu Fei, I'm talking to you! Why, don't you take me seriously?"
"Hey, there's really nothing I can do about you!"
Being disturbed by Zhou Changan, Xu Fei naturally couldn't continue reading. He immediately took off his glasses, looked at the upright Zhou Changan helplessly, sighed for a while, and said, "Originally, now is the time for me to read deeply. But I don't want to be disturbed by you like this. Tell me, what do you want to ask?"
As he spoke, he carefully folded the newspaper and put it neatly by his hand.
"I want to ask when you will sell the chips in your hand."
Seeing this from Xu Fei, Zhou Changan felt a little guilty for no reason, and his words were no longer so confident, and his voice also weakened, "The current market has not risen for two days, and it may fall someday. To be honest, my heart was in a state of turmoil, and a limit-down would result in a loss of billions, and this feeling of uneasiness was too tormenting."
"You've only been through it for a few months, and I'm going through it every day."
Xu Fei sneered, kept turning the signature pen in his hand, and at the same time said disapprovingly, "I have long been used to this kind of stressful life. Every morning when I open my eyes, the first thing I worry about is that my and other people's property will be damaged." How much loss. If I worry about gains and losses like you, I will suffer from a serious heart attack without schizophrenia. Hehe, Mr. Zhou, you have to learn to relieve stress. After all, property is something outside of you, so don’t take it too seriously."
"Haha, I am greedy for money by nature, I can't change this problem!"
To Xu Fei's persuasion, Zhou Chang'an was very disapproving, and laughed aloud, "It's great to be rich, you can pick up girls, you can fly around the world, buy various real estate, and enjoy various services. I don't have much ambition, I just want to live my life comfortably. By the way, you haven't told me when to make a move after talking for a long time."
After going around half a circle, Zhou Changan realized that the other party didn't answer his question.
"Now."
Xu Fei smiled and said casually.
"Now?"
Zhou Changan was stunned for a moment, and after a moment of frozen expression, he patted his face hard, looked at Xu Fei in disbelief and asked again, "I heard you right, are you talking about now?"
"Yes, you heard me right, what I'm talking about is now!"
Xu Fei stood up, opened the door of the office, pointed to the crowded trading floor, and said to Zhou Changan, "Look at what my employees are doing. Tell you, they are doing everything possible to sell short Zekang's holdings." All stocks. Remember what I said, it is all positions, and strive to have 100% of our company's account in cash within a week, and not a single stock will be left."
"So... so..."
Zhou Changan couldn't believe it. He walked to a trader's computer and looked at it carefully for a while, and found that the trader was indeed selling the stocks in hand in an orderly manner. Zekang holds a large stock position, and traders are carefully selling while closely monitoring price fluctuations, for fear that their actions will be caught by the market.
Backing to Xu Fei's office again, Zhou Changan's expression changed completely, and his speech became uneasy. After calming down for a while, he asked, "Is the bubble about to burst?"
He felt like he was on his back, and he didn't want to stay any longer, he just wanted to leave now, and quickly ordered his traders to sell the stocks in hand.
"Calm down, don't rush this moment."
Glancing at Zhou Chang'an faintly, Xu Fei immediately guessed what the other party was thinking at the moment, pressed his palms down, and comforted the other party, "Do you want to sell now? Don't worry, even if it falls, it's not at this moment." .I think you can still waste this time."
"You know what I'm thinking?"
Zhou Changan was very surprised, pointing to his heart and asked, "Did I act very obviously? You actually know what I was thinking just now. God, this is a bit scary!"
"The stock market is a group game. If I don't have a little bit of psychology, how can I be willing to die?"
Regarding Zhou Changan's fuss, the corners of Xu Fei's mouth turned up slightly, and he replied indifferently, "Human nature is greedy, as long as we make good use of this point is enough. According to my judgment, the stock market index can at least Rushing to 5,000 points is a very important psychological threshold. But after breaking through this threshold, the decline is a matter of minutes. It is absurd that there are still people shouting that this year will reach 6,000 points, next year will reach 8,000 points or even 10,000 points If you don’t, it’s just a joke in the world.”
"5000 points is the limit you think?"
Zhou Changan's uneasy heart was calmed down by Xu Fei's reassurance at first, but now he heard the other party's words, his heart fluttered again, "Oh my god, I still plan to go to the 5500 Selling near the point. If I continue to hold it, I am afraid I will be deeply trapped?"
"5,000 points will definitely be achieved. Don't look at the market adjustments in the past two days, but these are all strength savings before exerting strength."
Xu Fei's face showed disdain, and he finally took care of the other party's face. He didn't ridicule Zhou Changan too much, but said in a flat tone, "If I guess right, there should be many colleagues who are quietly Shipment. Even public funds with position restrictions are probably selling secretly now. Some indicators are psychological encouragement for stock investors, but for us fund managers, they are equivalent to a life-threatening rope. Just wait and see, the big crash will come soon, so before 5,000 points come, I will use up all the chips in my hand."
"This... this is really terrible!"
Zhou Changan trembled all over. On the one hand, he was worried and scared, and on the other hand, he was shocked by the cognitive gap between himself and professionals. But he quickly calmed down and blurted out, "By the way, you also said that you can make money even when it falls. How do you do it?"
"Stock index futures."
Xu Fei shrugged slightly, spread his hands and said, "Financial innovation has given opportunities to make money in all directions, especially for those small and medium-cap stock indexes. Lost face? Let me tell you frankly that although Zekang Company will stop operating at that time, my private account will not stop operating. I have gradually established short positions in stock index futures, and now there will be certain losses in the early stage. But very quickly those losses turned into the biggest profits of my career."
"The linkage between the stock market and the stock index futures market is exciting to think about. On the day of the crash, as long as you sell a small amount of stocks to affect the market, it will cause panic in the stock index futures market, and then affect the changes in the market. One Thinking of this wonderful linkage, I seem to see a lot of money coming in."
There was an intoxicated expression on his face.
I have to say that Xu Fei's operation thinking is completely fine. But if he really does this, there is a suspicion of manipulating the market. But with Xu Fei's courage, he probably wouldn't take this charge to heart.
"So it is!"
Now Zhou Changan fully understood, "I'll go back and sell all the stocks in my account now, and transfer some of the funds into your account. After hearing what you said, I found out that I have a deep understanding of the capital market." It's pretty superficial."
"By the way, you have to pay attention to your strategy and don't let the market discover your true intentions. In addition, your foreign partners can also introduce them to me. Although they don't know much about the operation mode of the Huaxia stock market, their technology is indeed to let me People are envious, and can even affect the quotation system. So when necessary, I can still use such a weapon."
Xu Fei nodded, and at the same time did not forget to order, "Also, if possible, try to keep some stocks on hand that can affect the market index, and we can use them when we manipulate the market. Don’t tell, it’s limited to our group. If your selling behavior affects the market, I think many people will hate you for it.”
"I see!"
Zhou Changan, who couldn't hold back anymore, nodded perfunctorily, and then walked away quickly.
Zhou Changan didn't take Xu Fei's warning seriously. In his capacity, even if someone hates him, he doesn't care. At this time, all he was thinking about was how to clear all the positions as soon as possible, and put the floating surplus directly into his pocket.
…
Despite Xu Fei's instructions, Zhou Chang'an's team still made a mistake during the actual operation. On May 5th, there was a sudden massive sell-off in the market, involving tens of billions of dollars. . The selling behavior directly led to a small-scale panic in the market, and some investors who followed suit couldn't wait to sell, which eventually led to a direct drop of 4.06% in the stock market, and it also fell in the next two days. The index fell by nearly 300 points.
Naturally, Zhou Changan’s selling behavior was scolded to death by some insiders, because this unprofessional approach basically exposed the intentions of many institutions. However, there are also institutional and individual investors who still believe that it will rise, and quietly absorbed the chips sold by Zhou Changan in the past few days, so that this panic did not spread to a large scale. Finally, after falling for three consecutive days, the stock market once again opened a positive line and entered the upward channel again.
The rise this time was the last madness before the Chinese stock market crashed. The stock index went directly from 4100 points to 5000 points. It only took twelve trading days, and then it plummeted, and a stock market crash broke out that caught the attention of the whole world.
It’s an empty day~ It’s just that the book is almost finished, and it’s not going to be finished soon. I hope that all book friends will still actively vote for this book and stick to it~ Thank you everyone~
(end of this chapter)