The Dow Jones Index plummeted on heavy volume on the 27th, and stock indexes in Latin American countries also plummeted on heavy volume; the Nikkei Index closed down 453 points, or 3.05%, on the 27th, also plummeting on heavy volume! Yesterday, global stock markets generally fell sharply. The Hang Seng Index only rose 88 points due to a late-day rally by protective funds.
The Nikkei Index, which opened half an hour earlier today, opened 124 points lower. The situation is not good!
From the lowest point to yesterday's closing in this round of rebound, the Hang Seng Index has risen by 1,262 points, or 18.95%. There is a desire to take profits. Once the bulls turn into shorts, they hope that the Hang Seng Index will fall as much as possible.
Today's decisive battle situation is very unfavorable to the main forces of many parties.
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"The Hong Kong government will lose!"
The plummeting global stock market is very beneficial to the main short sellers. Robert, who is based in Hong Kong, gave an order to the main short sellers such as Quantum Fund, Tiger Fund and Ltcm. They have the same goal, which is to push the Hang Seng Index futures below 7,500 points at any cost.
7,500 points is the average opening price of short positions in the August contract of Hang Seng Index futures invested by international hot money.
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"My colleagues, please, if we don't succeed today, we will become sinners in the Hong Kong financial market!"
Chairman of the Hong Kong Monetary Authority Yam also issued an order for a decisive battle.
The Financial Secretary, Mr. Tsang, is personally taking command and going all out!
The continuous sharp decline in the global stock market is very unfavorable to the main players of many parties. Everyone's relief yesterday has been raised again.
The main goal of the bulls today is not to expand the fruits of victory, but to hold on to 7800 points!
If today's Hang Seng Index and Hang Seng Index futures can hold at 7,800 points, international speculators will lose billions of dollars after the August contract of the Hang Seng Index futures shorted is settled; if it is lower than 7,500 points, the tens of billions of Hong Kong dollars invested by the Hong Kong government will be lost. It's like being thrown into the sea.
This is a game involving tens of billions of Hong Kong dollars in wealth. It is also a collective revenge action by the mainland, Hong Kong Special Administrative Region and Hong Kong investors against the international speculators who disrupted the Hong Kong financial market. They share the same hatred!
Once international speculators lose billions of dollars, not only will their reputation be damaged, but they will also face questions from fund investors. Soros and others are also a group of high-level workers who work for capitalists. The more they earn, the more commissions they earn. Once their reputation is lost, fund investors will also face questions. will divest.
The main forces of both the long and short sides will not back down and will fight to the death!
The curtain of the decisive battle has been drawn, and the final moment of the decisive battle has arrived.
9:25. Affected by the sharp drop in the Dow Jones Index yesterday and the sharp drop in the Nikkei Index at the opening today, the mentality of ordinary investors in Hong Kong has been greatly affected. They have a strong will to take profits and reduce losses to win, and the willingness to go long is obviously insufficient. Hang Seng The index opened at 7865.47 points, opening 57.5 points lower!
At 9:30, the surging selling orders came down, and the main short sellers continued to exert force, pushing the Hang Seng Index to 7829.74 points, taking the lead!
Under the pressure of profit taking and arbitrage, the main short sellers took advantage of their efforts. The short sellers dominated the market, and the main bull sellers had no choice but to retreat. The competition between the two sides was fierce. In the first five minutes, the transaction volume exceeded HK$5 billion!
At 9:40, President Ren gave an order, and the main forces from many parties fought back. The buying orders of HK$500 million, HK$1 billion, and HK$2 billion regardless of cost not only put pressure on the stocks of three important constituent stocks such as tcG, HSBC Holdings, and Cheung Kong Holdings, but If you eat it, it will also push up their stock price by a few cents, lift up the Hang Seng Index, and recover the lost ground.
The main bulls did not have time to celebrate the joy of regaining the lost ground. Selling orders of HK$1 billion, HK$2 billion, and HK$3 billion hit the three important constituent stocks such as tcG, HSBC Holdings, and Cheung Kong Holdings. The lost ground finally recovered by the bulls was broken by the enemy again. , buying orders of HK$2 billion, HK$3 billion, and HK$4 billion have lifted the stock prices of tcG, HSBC Holdings, Cheung Kong Holdings, etc. The main bulls have a spatial advantage of more than 300 points and have sufficient funds. They are not in a hurry to regain lost ground and focus on stabilizing their positions.
After 30 minutes, the position of the bulls was stabilized, and the trading volume exceeded HK$15 billion, which was equivalent to the HK$15 billion of stocks sold by the short sellers and was pocketed by the bulls.
The turnover of the three largest constituent stocks, tcG, HSBC Holdings and Cheung Kong Holdings, reached more than HK$12 billion, accounting for 80% of the total turnover.
Who is the main force on both the long and short side and controls the rise and fall of these three most important stocks? Who will win this decisive battle!
The stock trading on the Hong Kong Stock Exchange adopts the t+0 system. You can sell it immediately after buying it, and buy it back after selling. The number of transactions is not limited. Investors can use margin trading and securities lending, and can also add leverage.
The yellow vests on the trading floor of the Hong Kong Stock Exchange shuttled back and forth with nervous expressions. The traders on the trading terminals slid their hands on the keyboard. Buying and selling orders worth millions, tens of millions, and hundreds of millions of Hong Kong dollars came from their hands. The money flows to giant computer hosts, automatically matching transactions, and they are extremely excited. They are the participants and witnesses of this financial decisive battle in Hong Kong. Although the situation in all aspects is very unfavorable to the main players of many parties, they hope in their hearts that the main players of many parties will win. I hope that the home I live in will be plundered by international speculators, leaving nothing but feathers on the ground.
In the morning, the Hang Seng Index closed at 7820 points, down 102 points, or 1.29%, with a turnover of HK$40 billion, close to the highest single-day historical turnover of HK$46 billion.
Heavy volume fell!
Defended 7800 points!
Director Zeng and President Ren both breathed a sigh of relief. It was fake that they were not nervous. Until the last moment of closing at 4 pm, they didn’t know who would win and who would lose?
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After the market opened in the afternoon, the market was still fluctuating around 7800 points. The main bulls were mainly defensive, with a clear goal of holding 7800 points. After seeing clearly the purpose of the main bulls, Robert was anxious!
The Nikkei Index has dropped 515 points, or 3.58%, plummeting on heavy volume!
Major stock indexes in Europe and Asia also fell heavily today. Russia's sudden default on its national debt aggravated the Asian financial crisis.
Robert sent people to continuously spread the bad news, which was known to everyone, affecting the mentality of ordinary investors in Hong Kong and making them join the short camp.
Ordinary investors are like mothers if they have breasts, and they swing left and right!
Soros, who was based in Singapore, had a premonition that the odds were against him. He did not expect that the mainland and the Hong Kong SAR government would join forces to protect the market, and he would do anything to protect the market. He hated both the mainland and the Hong Kong SAR government in his heart. It was not certain who would win until the last moment?
Sell orders of HK$1 billion, HK$2 billion, and HK$3 billion fell like rain, but they were all collected by the main players. Selling orders continued unabated, but the Hang Seng Index stabilized at 7,800 points, and the main players occupied 300 points. Spatial advantage, solid front line, no rush, consume the funds and stock chips of the short side's main force. As time goes by, the short side's main force becomes more anxious.
The main forces of the short side are smashing the market, buying high and selling low, and every sale is a loss!
The main bulls only buy but not sell. There are fewer and fewer important stocks such as tcG, HSBC Holdings and Cheung Kong Holdings on the market, and ordinary investors are becoming less and less willing to sell.
Wang Dongming sat behind Chen Huamin and Li Dong. Although the Hang Seng Index fell in volume, he knew the main bulls’ goals today and looked relaxed. Whether it is the stock market or the futures market, within the scope of the rules, financial strength speaks for itself. Sun Jian’s year We have made full preparations for today's decisive battle.
