Chu Jungui had just finished talking to everyone when he discovered a very serious thing. There were no more transactions in Lightyear bonds.
It’s not that the trading system has blocked Lightyear bonds, and there are no regulatory agencies to come forward. In this era, most problems can be solved by relying on self-discipline and subsequent accountability of major institutions. So the current situation in the market is that all the buying orders for Lightyear Bonds disappeared in an instant.
Chu Jungui quickly investigated and figured out what was going on within a few minutes. As soon as this heavyweight bearish report came out, it immediately triggered a strong response, triggering the automatic risk warning mechanism of almost all institutions, automatically canceling all buy orders, and waiting for the market to stabilize first.
Pure bonds are not stocks, and their face value has an almost unshakable support for price unless the credit of the bond issuer is completely destroyed. The yield on Lightyear bonds was quite high, so holders were unwilling to sell at too low a price, and a stalemate formed in the market for a while. The price gap between buyers and sellers is more than 10 yuan, which is completely impossible to make up.
At this moment, a strong piece of news detonated the market, and a large number of light-year short orders appeared in the derivatives market! Instead of tens of millions, batches of empty orders poured out in quantities of hundreds of millions or billions, instantly becoming the mainstream of the market.
Looking at the countless executed short orders, the market was stunned at first, and then reacted. In a short time, countless short orders were created, but it was too late, they were hanging in the air and could not be completed.
With the release of this bearish report, it can be expected that the Lightyear Bond market will disappear in an instant, and the remaining longs in the market will be swallowed up by a massive influx of shorts before they can react in time. By the time the late-minded people joined, there was no counterpart.
A capital market commentary column appeared in the most popular position again. This time the host was still the beautiful host, and the guest was the genius investment manager from a few days ago.
It's just that this time the two sides changed their offensive and defensive positions. The young investment manager was obviously at a loss and his face looked a little stiff. The beautiful host became gentle and charming, and asked him what he thought about light years in a soft voice.
Young people are young people after all, and the dignity deep in their hearts has not been completely abandoned. Faced with the sharp questions asked in a gentle voice, he reluctantly said: "Based on the content of this report so far, it is not possible to draw a definite conclusion..."
"You want to say that Lightyear is still in good company, right?"
"I never said it was a good company, I said it was a unique company."
"Do you still think so?"
"...Yes." The young man said bravely.
Unexpectedly, the beautiful host stopped asking questions and asked other questions. This made the young man instantly energetic and started talking quickly, for fear of returning to the original topic.
Chu Jungui quit this show and began to focus on other markets. The main bond market is calm and the two sides are still in a stalemate, while the derivatives market is already very lively, with more than a dozen new varieties of light-year-related products quietly popping up. The structures of these new products are complex, but their goals are the same, providing long or short sellers with a weapon suitable for duel.
It's just dark on this side of the planet, and the sun is rising on the other side.
Jane stood in front of the floor-to-ceiling window, tracking the capital market with one eye and admiring the famous sunrise with the other.
Nolan rushed in excitedly and shouted: "What a victory! Oh my God, the price dropped by 10% in just one hour. This is a bond! 10% is more fatal than the halving of equity. The market has basically I can’t find my opponent!”
Jane was very calm and said: "Isn't this expected? Is it worth being so excited?"
Nolan said: "Of course it's worth it! There are now more than 8 billion transactions on the market, 7 billion of which are ours, and then there will be no more long positions. 7 billion! This is free money!"
Jian said calmly: "Seven billion is a lot, but it's not too much. There's no need to make a fuss about this little money. You came to me specifically just to tell me this, right?"
"I would like to suggest whether to add another 10 billion?"
Jane tilted her head slightly, revealing her beautiful profile, and asked, "Why?"
"That's right, this loss is still within the tolerance of those large institutions, and the largest one is only 2 billion. If we make a big bet at this time, we won't actually be able to close much, but we can force those institutions to admit defeat. After all, So far they haven't lost much. All the bonds have been sold, and together with the matching garbage, they still made a profit. If they stop their losses, we will have all the money. This will be a textbook level deal. transaction."
Jane finally nodded, "You know how to stop when enough is enough and force your opponent to surrender. You have made some progress after all. The people from the Shenjian Group should be here. You should also listen together."
"Excalibur? What are they here for?" Nolan asked, but by then Jane had already walked out of the room, and he quickly chased after her.
In the conference room that comes with the room, seven or eight people from the Shenjian Group sat neatly in a row. Half of them had slightly gray hair, and the younger ones were handsome and handsome, each with their own characteristics.
As soon as Nolan saw these people, he immediately put away his playful smile and became serious. These people are all important figures in the capital market, and their status is much higher than him.
Jane sat down across from everyone and said, "I didn't expect that a little thing would alarm the two vice presidents of Shenjian Group. It seems that my asking price can be raised a little more."
The two old people in the middle looked at each other, and the older one coughed and said, "Ms. Jane, your operation of the Lightyear project is very sharp, but it is a bit too much, especially since the Shenjian Group and your family have depth. With cooperation.”
"The family is the family, and I am me. Maybe I broke some of the rules unintentionally, so I'm sorry. After all, I'm still young and don't understand so many rules." Jane's style has always left no room for error.
The two old men looked at each other again, looking a little surprised. Another old man said: "Miss Jane's style is indeed the same as the rumors. That doesn't matter. Let me just say it straight. We hope you can stop operating on the Lightyear project and appropriately reduce your short positions."
"How much should it be reduced to?" Jane remained calm.
"The current position of Excalibur in this project is 2 billion, and I hope it can be reduced to 500 million. 500 million is also a considerable amount." The old man's eyes were sharp.
Jane smiled slightly and said, "Is this 500 million given to me?"
"almost."
Jane stopped smiling and said coldly: "My point of view is exactly the opposite. I earned these 500 million based on my ability. 500 million may be a big number to you, but it is nothing to me. And now I want to know The question is, why should I give you 1.5 billion for free? Just because you are old enough? Or because you have so little friendship and shady dealings with some useless old guy in the family?"
