Northern United Capital.
"Carefully review today's bond trading process." Dong Qinglai called the company's three top managers (brokers) over to inquire about the process in detail.
There are currently 60 trading numbers on the entire exchange, and Northern United Capital accounts for 3 of them. This is also a reflection of their strength. To know that for a trading number on the exchange, the threshold fee will be 50,000. This threshold will The vast majority of ordinary traders are restricted to outside exchanges, and they have to trade through agency companies.
"Boss, something is a little strange today. Originally, the selling pressure in the morning was relatively large. As soon as the market opened, there was millions-level selling at low prices. According to the strategy we formulated yesterday, we directly took over the selling, which was worth tens of millions in the early trading. However, I didn’t expect that there were several more numbers taken over today. Hongyuan Investment and Prudential Capital, like us, were willing to sell, so today’s price has not been suppressed. Due to the strong acceptance, the selling pressure decreased significantly in the afternoon. Today, 30 million yuan was sold throughout the day, and most of it was taken by the three of us.
According to the tray strategy, today we only accepted the selling orders without raising the price, so the three of us grabbed a total of 13 million chips throughout the day, and the price was between 104 and 105. "Yang Jiacheng, the leader of Northern United Capital, briefly reviewed the situation.
He doesn’t know why the company suddenly requested large-scale intervention in the bond market to support the market. In his personal opinion, it is obvious that short sellers will further suppress bonds. Even if they want to operate bonds, they can wait for cheaper chips.
However, the buying and selling strategies of Haotou are all formulated by the bosses, and they have no right to change them.
"We did a good job today. We will continue to buy tomorrow. We will buy all the selling orders below 110 yuan." After hearing this, Dong Qinglai was quite satisfied with the situation. He bought more than 10 million yuan at once, which is equivalent to a guaranteed profit of ten yuan. Over ten thousand, this is a really good deal.
Now that he has money in hand and has received a 1 billion credit line from a bank designated by the Ministry of Industry, he is really not afraid of the other party causing trouble.
Holding the thick legs and operating, this wave is absolutely stable.
However, he is not in a hurry to raise the price, and still wants to get more cheap chips. Besides, these Hong Kong Island speculative capital want to suppress prices, let them perform now. Anyway, if they are willing to sell at a net loss of a few dollars per lot, Dong Qinglai has the strength. Eat them all.
On the other side, after Martin and others argued about the sudden change in the situation, everyone reluctantly accepted Martin's suggestion and persisted. They wanted to conduct a new round of stress test on the bond market by increasing the selling volume.
Regarding the strength of traders in this market, they have already conducted research and intelligence collection. After seeing the delivery list, they saw that several local leaders in the market were undertaking it, but after a day of consumption, their funds must have been consumed. about there.
So for the next day's strategy, they planned to sell 50 million and prepare to take action together in the early trading to hit the 100 yuan mark! They don't believe how much money there is in the market to bear so many chips.
If no one takes it, they can reverse part of the transaction and suppress the transaction price of the day to 100 yuan to create market panic!
You must know that outcry transactions in the current market do not count if there is no transaction.
Opening the next day.
Yang Jiacheng, who walked into the market, felt that the atmosphere was a little different today. Yesterday, when several of the opponents' trumpeters watched him enter the field, they gave him a somewhat meaningful look.
As a veteran leader in the market, Yang Jiacheng intuitively felt that they might be surprised today.
Sure enough, as soon as the market opened, the heads of seven or eight of these speculative capital agencies shouted out 100 yuan. The chips all started at one million, and the total was as high as 30 million!
This opening call directly frightened the agents of small and medium-sized investors.
One by one, they started frantically calling back to their agencies to report the latest situation and ask for instructions on whether to stay or leave! After all, the bond market suddenly plummeted by 5 yuan, which is still a big drop, and it directly reached the important mark of the face value of 100 yuan.
After Yang Jiacheng was stunned for a moment, he couldn't help but feel ecstatic. He immediately raised his hand to win the opponent's highest bid of 8 million!
The other two numbers following him were not to be outdone and won a bid of 5 million and a bid of 3 million respectively. The rest were snatched away before Yang Jiacheng and the others came for the second round! Swallow this opening hit carefully planned by overseas speculative capital in one gulp!
Then he stared eagerly at the few numbers on the short side, waiting for them to further call out new sell orders.
But these bosses were stunned by Yang Jiacheng's actions. They found that today's situation was completely different from what the bosses behind the scenes said.
After staying for a long time, they hurriedly called back to their own agency to report the situation and ask for further action.
Martin and others, who were guarding the phones of their respective agencies, were all shocked when they received the call from the number one.
"Impossible, they absolutely cannot have so much funds to undertake it. This is a fake transaction and they have no ability to deliver!" After Martin reacted, he roared to the person in charge of the agency, "Go tell the market management that we require The undertaker’s funds will be inspected.”
"Mr. Martin, the market management will ignore your request. We do not have any power to inspect the trading parties. If they cannot pay the funds at closing and delivery, the market management will directly punish them, and in serious cases they will be fired. Their number one, the number one's security deposit and fine will be confiscated.
So far, I have never seen anyone dare to violate this prohibition. "The head of the agency said calmly.
"Now, Mr. Martin, you want to decide whether we continue to sell as planned?"
Martin was stunned.
According to the previous transaction situation, for the 50 million sale, the capital in his hand should be sold for 20 million. The first 8 million is just an appetizer. If someone takes over, they will continue to sell! If no one catches it, they will choose some pairs with smaller underlying amounts to trade at the closing time, lowering the closing price of the bond.
But I didn't expect that after the first wave came out, it had no deterrent effect at all and was swallowed in one bite.
You must know that if the price is lowered, the meat will still rot in one's own pot, but if the chips are eaten by others, the 10 yuan price difference will be lost. This 8 million was a sudden loss of 800,000!
It seems that he has provoked a formidable opponent.
After Martin regained consciousness, his mind was turbulent for a while, and then he said with difficulty to the head of the agency: "Stop temporarily and listen to my next action announcement." He needed to call people up quickly to discuss it before he dared to act.
This brand-new opponent showed no signs at all, and they must renegotiate their action plan.
"We ruined a good hand. Obviously we have encountered a very strong opponent. They have been here waiting for us to make mistakes." William said unceremoniously, "Now we have lost 60 million cheap chips. , we can’t make mistakes again and again.
Next, we took advantage of the trend and turned to long, and began to absorb the chips and slowly pull up. Although the remaining chips were not too many, we could still escape unscathed. This time our actions have been seen through. My suggestion is to follow the trend. for. "
William's words deeply convinced most of the people present.
"Everyone, it is not easy for us to get to this point. If we give up easily, this time will definitely become a stain on your investment history." After thinking about it in the newly freed time, Martin always felt that something was wrong.
The funds on the market were completely different from what they had previously investigated.
"Everyone, before we took action, the results of our research on these major investors in the market were very clear. The total liquidity they can use is only about 100 million. Now that they have taken over 60 million of our goods, we cannot be scared by them. , I suggest that we continue to increase the intensity of selling. This time we sell another 50 million, directly blowing up their liquidity! I believe that there will be no opponent that can stop us in the future.
After consuming the last bit of funds in the market, we can focus on hammering the price to 95 or even 90! "Martin's mind has never changed.
This is not the first time they have done this. Many times there have been accidents, but they have been defeated by their abundant capital.
"Mr. Martin, is it possible that these local capitals are supported by their official funds, and they are not fighting us alone now?" Thom raised a question that everyone had thought about, but was unwilling to believe.
"No, if that's the case, what's the difference between it and the official being punished personally? If that's the case, we must resolutely expose this immoral and shameless behavior." Someone came out to question.
"Nothing is impossible." Thom was very confident in his guess. "Have you noticed that the three institutions that undertook our sell-off yesterday were mainly three institutions. Why do they have so much capital to fight against us? If They are really determined to compete with us, so the answer is simple. They have received official funds, so they have such strong confidence."
Everyone fell silent again after hearing Thom's words.
Yes, why can their capital make such a big difference in the capital market, yet the authorities don’t take any measures at all.
This kind of competition in the capital market is ultimately about who has the bigger capital. If you are lucky, you can stand on the side of the trend.
Now that the infrastructure operations in the base area are booming, the pressure on these bond redemptions is not too great. Faced with such a general trend, if short selling is now forced, from the perspective of market supervision, they are the ones who should be sanctioned most.
It's just that they took advantage of the loopholes in the transaction. There is no strong supervision and punishment mechanism for counter-trading, which makes these speculative capitals like sharks that smell fishy smell.
Their capital volume far exceeds the current trading volume of local investment institutions on the Northern Financial Exchange.
As a result, local institutions have no ability to resist their ups and downs in the market, and can only watch them cut leeks step by step.
To be honest, there is basically no other good way to deal with this kind of pressure, other than flipping the table.
But flipping the table would mean the bankruptcy of credit in the financial trading market, thus killing the entire exchange.
For these speculators from Hong Kong Island, this is of course the best result. Only by destroying one of their competitors in the East can they make a lot of money.
If you don't lift the table, you will be bitten by them, and you will also make a lot of money back.
This was a conspiracy, which gave Gao Jianwu a headache.
But when it comes to being shameless, Gao Jianwu obviously has a choice. He can also be shameless when facing shameless opponents.
So it was the way he ended up personally that completely set the tone for this war.
Of course, Gao Jianwu is still a bit shy on the scene, and now he has to choose some puppets to cover it up.
Institutions like Northern United Capital, which have long been well-known, use this platform to compete with overseas speculative capital and develop the capital market in its infancy into a mature and reliable new capital market.
Otherwise, relying solely on the local newcomers to the capital market will be unreliable.
They have neither much capital nor much experience in dealing with such financial operations.
Gao Jianwu must help them to win.
This is why Gao Jianwu asked the Golden Kingdom to come forward to form a consortium for several leading investment institutions, and then supported them through borrowing funds. This two-pronged approach can push back overseas speculative capital.
For these rookies, Gao Jianwu was afraid that they would not be able to win if they had less funds, so he also gave them a leverage benefit of 2.5. By pledging the bonds and stocks in his hands, he obtained more funds and credit than his opponents!
Under such circumstances, Dong Qinglai and the others could not defeat the speculative capital group's harvest. Gao Jianwu could only say that he tried his best, but his teammates were too difficult to control!
After digressing, back to the dispute between Martin and Thom. They finally decided to give Martin another chance. In the afternoon, each company released a new round of 50 million chips to suppress the market!
This is a last-ditch effort. If this doesn't work, then everyone will accept their fate and start making acquisitions honestly to boost the market and raise their chips to cash in.
In this case, there is no need to be strict about making money. The highest goal is to be able to escape unscathed.
Therefore, in the afternoon, Yang Jiacheng, who had not yet had enough to eat, saw more selling and suppressing orders pouring out. Yang Jiacheng was almost crazy with joy. The cooperation between the brothers and departments was so good this time. The selling pressure of 50 million yuan was quickly eaten by Yang Jiacheng. The two singles totaled 15 million, and his other two heads also won 20 million. In this case, yesterday and today they got 51 million low-priced chips at a price of around 100 yuan!
According to the company's requirements, they have exceeded the task.
This wave does not count the profit commission, but the reward of chips for completing the transaction alone, the three of them would have exceeded 20,000 at least!
Speaking of which, they should really be grateful to overseas speculative capital for choosing to confront them, giving them the opportunity to acquire huge amounts of chips in a short period of time. Otherwise, based on the previous transaction volume, it would have taken more than a month to collect so many chips.
(End of chapter)
