Rebirth Enchanted Xiangjiang
Chapter 408 Black Week 1
On October 19, the stock market opened at 2:30 in the afternoon. Selling orders appeared in turbulence. Even the "wonder of the falling market" Hong Kong Land began to fall. In just one hour in the afternoon, the Hang Seng Index fell another 185 points. Many stocks even There are only sellers in blue chip stocks, no buyers in the market, stockholders wanting to sell and cry without tears, and investor sentiment has changed from absolute optimism to extreme pessimism within this day.Hong Kong and Macao Development, the largest decliner, fell as much as 32% in its 96-year warrants.
The stock market is devastated, and the futures market is even more vulnerable.Since the index futures market has a suspension system, when the market drops more than 150 points in the morning, the futures exchange will be suspended in accordance with regulations. After the opening in the afternoon, the index futures bid price jumped sharply. After falling by 180 points and 150 points, the market was closed for the second time.
On this day, the stock market does not know how many people lost their fortunes. The stock market avalanche caused by real estate in a few years seems to be about to appear again, and how many people will choose to jump off the top of tall buildings.
Even though the Hong Kong stock market was closed that evening, investors were still busy watching the quotations of London Hong Kong stocks on the one hand and waiting for changes in the opening of the US stock market on the other. The stock market is the only element of everyone's life this day.
They are looking forward to good news for the U.S. stock market. If the U.S. stock market is strong, the Hong Kong stock market will definitely stop the downward trend and rebound.
But in fact, it's the same if you don't look at it. Even people who are lucky enough to know that a major stock market has broken out.
While Hong Kong stockholders were waiting to see the performance of US stocks, Qiao Feng also made an unprecedented breakthrough. He and Lizhi drank coffee and watched the phone while waiting for the New York stock market to open. In New York, several strangers hired differently. The local professional investment team started to do things for Qiao Feng more than a month ago, of course they don't know who they do it for.
Qiao Feng's investment of more than two billion US dollars in the Japanese market has all been used to prepare for this day. Shorting stocks and futures to the maximum safety limit, just wait for this day to come and get a good harvest.
Affected by the plunge in Hong Kong, the stock markets in the Asia-Pacific region plummeted, and the effect was extended to the European market with the opening of various time zones like dominoes. The stock market crash finally returned to New York in a circle of the earth.
On October 19, when the Wall Street stock market just opened, it fell sharply due to the sharp drop in the London, Hong Kong and other stock markets. All investors felt heavy.
On this day, radio and TV stations frequently reported the latest market conditions in the stock market, and the atmosphere seemed very tense. On this day, the Dow Jones Industrial Average plummeted by 508 points, with a drop of more than 20%, setting a record for the largest single-day drop in the United States in more than 100 years.
On this day, Qiao Feng and Li Zhi kept talking on the phone, and several investment teams were communicating while buying and closing positions at the right price.
Qiao Feng knew that there would be a stock market crash on this day, but he didn’t know how much it would fall and which ones fell the most, so he didn’t think about buying and closing positions before rebounding at the lowest position. He was not so greedy. When it is appropriate to buy and close the position, he and Lizhi will communicate in real time.
Qiao Feng is really not greedy. He can earn a little by the opportunity to make a little. Anyway, he is shorted by the multiple leverage of the maximum safety limit. The rate of return is quite impressive. There is no need to bet on the lowest position. There can be a doubled income.
Just as Qiao Feng was making money in the US stock market, the major media in Hong Kong reported on the US stock market with large headlines that day. All investors were helpless after seeing the news.
The U.S. stock market has fallen like this, and hopes of good news for them are dashed. Everyone knows that Hong Kong stocks will fall again the next day due to the decline in U.S. stocks, but there is no way, everyone can only wait helplessly. , Waiting for the death sentence when the market opens at 10 o'clock on the 20th.
As a result, everyone failed to get the market opening on this day.
It turned out that the Hong Kong Stock Exchange held an emergency meeting in the early hours of the day, and finally made a decision before the market opened at 10 o'clock, and announced that in order to keep investors calm,
The news made people feel quite stunned, and many investors applauded, thinking that this was a wise and rational decision that allowed the vicious circle to stop temporarily.
Everyone knows that the Hong Kong stocks, London, and Sydney stock markets will fall again due to the decline in the US stocks, and the US stocks will fall again due to the external decline, which is bound to form a vicious circle.
But after knowing that the Hong Kong stock market was closed for four days, everyone felt that with these four days of buffer time, they could avoid being involved in this vicious circle.
In particular, stock markets all over the world plummeted that day. Japan’s Nikkei Stock Average plummeted 3836 points, the London Financial Times index plummeted 250 points, and the Australian stock market plummeted 510 points. Hong Kong stockholders are even more grateful that the suspension allowed them to escape. .
Qiao Feng has always been following the trend of the Hong Kong stock market. When Hong Kong stockholders applauded and thought that a four-day suspension of the market would make them escape, only Qiao Feng knew that the four-day suspension brought more unforgettable pain to Hong Kong stockholders. .
Before, Qiao Feng also wondered if he would remind everyone in the media to pay attention to the possible stock market crash, which can prevent some of it. After all, as early as October 1, the Hang Seng Index once rose to 3968 points, and then the market showed The bulls and bears were stubborn, but the market still rose 6.09 points throughout the day to close at 3,949.73 points.But since this day, the market has been unable to reach this high again, and during that period the US stock market has already fallen.
But later I heard that most of the expert investors continue to be optimistic about the market outlook, believing that the market environment is good, and that the Hong Kong stock market has not yet fallen. After getting rid of the influence of the external decline, they are still competing for ups and downs. The investment atmosphere of investors is still fierce. Fanatic. Qiao Feng saw that the stock market was very good. He said that there would be a stock market crash and no one believed him. Maybe he would be scolded wildly. Since he said it to no effect, then what else to say, is it fun to be scolded?
Although he did not make a reminder, Qiao Feng has been paying attention to the Hong Kong stock market. He knows that the Hong Kong stock market will only experience a real plunge four days after the market is closed.
During the four days of the suspension, the news about the stock market did not calm down due to the suspension. Every day, the headlines of newspapers of all sizes were inseparable from the stock market. Qiao Feng, as far away as the United States, received several major newspapers every day. According to the news, I heard that some newspapers even printed extra pages to report the closing of US stocks as soon as possible.
On Wednesday, the Wall Street stock market rebounded sharply by 160 points, so some people began to question: Is the suspension of the market for 4 days too long?Does it damage Hong Kong's reputation as a financial center?Martin Lee, a person from the legal profession, even pointed out that the suspension of the stock exchange was illegal.
These objections have exacerbated the anxiety of Hong Kong citizens.
No one knows what will greet everyone after the market opens.