August 1st.
"Mr. Sun believes that once a fight breaks out between Yinlak and Kuwait, it will definitely cause oil prices to skyrocket and the stock market to fall. He will sell out his stocks and sell the October contract to close his position!"
The Hang Seng Index opened flat, and bulls launched an attack.
Sanxin Real Estate's stock opened higher at 1 yuan and 60 cents, and then went up to 1 yuan and 70 cents.
Wang Dongming issued instructions to Li Huabin.
Selling the stocks of Cheung Kong Holdings, Henderson Land, Sun Hung Kai Properties and New World did not cause any fluctuations. Li Huabin used 500,000 shares to push up the share price of Sanxin Real Estate to one yuan and eighty cents. The buying orders surged in, one yuan and eighty cents, five cents, One dollar and nine cents.
After selling the 500,000 shares I just bought, the stock price was hit to one yuan and eighty-five cents, and then was pulled down to one yuan and ninety-two cents by funds. The bulls were so powerful that they were ready to hit the two-digit price.
Li Huabin threw it out in batches...
At 9:45, the Hang Seng Futures Index also opened higher and moved higher. Li Huabin sold the October contract to close his position, which was equivalent to shorting the October contract backhand, and also increased the leverage by ten times!
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On August 1, the Hang Seng Index opened flat at 3438 points, opened higher and moved higher, reaching a maximum of 3488 points, and closed at 3468 points, an increase of 30 points, and the trading volume increased by 20%.
Sanxin Real Estate's stock closed at 1 yuan and 70 cents, up 1 dime and 2 cents, or 7.5%, with a surge in volume.
I shorted the October Hang Seng Index futures contract today and lost 37 points, a loss of HK$9.4 million in one day!
If it plummets by 370 points and there is no time to replenish the margin, the position may be liquidated in one day and all the money will be lost!
Stock index futures are highly risky with ten times leverage.
Wang Dongming’s team is not worried for the time being!
From May 29th, Mr. Sun invested 200 million Hong Kong dollars, increased leverage ten times, and went long the October Hang Seng Index futures contract from 3059 points, to August 1st, he went short the Hang Seng Index futures contract at 3478 points. Refers to the October futures contract (ten times leverage), which made a profit of 419 points, a profit of 13.7%, and a profit of more than 300 million Hong Kong dollars.
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At 2 a.m. on August 2, four elite divisions of the Yinlak Republican Guard and one division of special forces invaded Kuwait...
Sun Jian, who was running on the playground of the Chinese Medical University, heard the news about Yin Lak's invasion of Kuwait from a retired professor's radio.
When I got home, I turned on the TV and watched the news completely.
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After Wang Dongming got up, he suddenly heard the old man selling newspapers outside yelling, Yin Lak has invaded Kuwait!
After getting dressed, I rushed downstairs and bought a copy of "Ming Pao". I sighed in my heart, Mr. Sun knows everything like a god!
The Hang Seng Index was not affected by the news of Yin Lak's invasion of Kuwait. It opened flat at 3,468 points and shot up to 3,479 points. At 10:30, affected by the news of a sharp plunge in the Nikkei Index, the market plunged! The lowest dropped to 3397 points, and the closing price was 3415 points, a drop of 43 points, and the trading volume increased by 30%!
Sanxin Real Estate's stock price closed at 1 yuan and 60 cents, down 1 dime, or 5.8%. It fell sharply on heavy volume!
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August 3rd.
Affected by the sharp drop in the Dow Jones Index last night, the Hang Seng Index opened five points lower at 3,410. Selling orders surged out. The market instantly fell below 3,400 points, reaching as low as 3,341 points in late trading. It reversed and closed at 3356 points, down 59 points, and the trading volume increased by 30%!
Sanxin Real Estate's stock price closed at 1.55 cents, down 5 points, or 3.1%, and plummeted on heavy volume!
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August 6th.
Saturday and Sunday are off. News of Yinlak's invasion of Kuwait is fermenting. Kuwait is subjugated. International oil prices have skyrocketed. On Friday, the Dow Jones Index plummeted!
The Hang Seng Index opened ten points lower at 3346, went all the way lower, and closed at the lowest point of 3107 points, down 249 points, or 7.2%, and plummeted on heavy volume!
Sanxin Real Estate's stock price closed at 1 yuan and 40 cents, a drop of 9.7%, and it plummeted on heavy volume!
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August 7th.
Yinlak announced that Kuwait would be officially incorporated into the 19th province.
The international community is in an uproar!
The Hang Seng Index opened at 3075 points and fell all the way to 2909 points. In the afternoon, buying orders poured in and reached a maximum of 3146 points. It closed at 3098 points, a slight drop of nine points!
Sanxin Real Estate's share price closed at 1.45 cents.
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Western countries, led by the United States, issued a stern warning to Saddam to withdraw from Kuwait immediately, otherwise they will be severely sanctioned and attacked by the international community.
Affected by this, international oil prices skyrocketed!
The Hang Seng Index opened flat at 3098 points and dropped to as low as 3081 points. Buying orders poured in. The four major real estate stocks took the lead in rushing to 3171 points. They fell in late trading and closed at 3145 points, rising. At 47 o'clock, the market has temporarily stabilized. The only shortcoming is the shrinking capacity.
Sanxin Real Estate's share price closed at 1.55 cents.
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"Sun Jian? Mr. Sun?"
Accompanied by Zhou Daming, Sun Jian inspected Jiangcheng Shuguang Communication Equipment Automation Equipment Company and met with the company's 23 newly recruited engineers and worker technicians. Deng Tao, who was wearing work clothes, looked surprised.
"Gong Deng, keep this a secret for me for now!"
"Okay, Mr. Sun!"
"How is Director Guo's health?"
"Fortunately, the factory now relies on loans to pay 50% of the basic salary. My father-in-law is in a state of distress every day."
"Deng Gong, what is the main reason for the poor performance of the unit?"
"Mr. Sun, a group of factory leaders are unwilling to make progress and speak out, and their hands and feet are not clean. They have hurt the hearts of the people. There is nothing my father-in-law can do."
State-owned enterprises are full of talents, but due to various reasons, many have been eliminated by the market.
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"Hello Li Sji!"
Li Hao personally called Sun Jian and asked him to come to Pengcheng. Although he didn't say anything clearly on the phone, he could guess what he was asked to do?
In the month from May 25th to June 17th, the over-the-counter trading prices of five stocks in Pengcheng increased by 100%: Peng Development 100%, Pengjintian 140%, and Pengyuanye 2%. One hundred and ten, Peng Wanke is 380%, Peng Anda is 380%.
You make money when you buy it, and investors who hold stocks make a lot of money!
Many people from all over the country, including Hong Kong, Macao and Taiwan, came to Pengcheng to speculate in stocks. The business offices of the three securities companies in Pengcheng were overcrowded. Sellers were reluctant to sell, and the quotations were meaningless. The black market transaction price outside the three securities business offices was actually one percent higher than the over-the-counter price. Times!
"** Daily" compiled and distributed a "Situation Compilation" titled "Pengcheng Stock Market Frenzy, Potential Problems Are Worrying", saying that the stock market has emptied government agencies; the Commission for Economic Reform, the Central Bank, and the Administration of Foreign Exchange formed a joint investigation team, starting in May The Pengcheng securities market will be investigated starting from mid-mid.
On May 18, the Pengcheng Special Economic Zone newspaper published the "Announcement on Resolutely Canceling Illegal Over-the-Counter Trading Activities", and the five stocks still surged.
On May 29, Pengcheng introduced a price limit system, with the daily increase or decrease not exceeding 10%.
Five stocks hit their daily limit six days a week!
