v3 Chapter 1038: Let the stock market crash more violently! (1/2)
Chapter 1038 Let the stock disaster come more violently!
Last month, the Association of Banks raised interest rates, causing the Hang Seng Index to begin to fall when the stock market opened on Monday, July 20. This was the prelude to the stock market crash.
It was just that Xia Yu immediately launched an action against the Swire Consortium, which stimulated the nerves of all financial practitioners and allowed the Hang Seng Index, which had already fallen, to stop its decline and rise again.
In the 30-odd days between the collapse of the Hang Seng Index, nearly 100 billion Hong Kong dollars of capital poured into the stock market, which helped the Hang Seng Index rise from over 1,830 to a peak that Hong Kong stocks have never seen before. Two thousand three hundred and fifty-six o'clock.
Over a month, the Hang Seng Index rose by more than 500 points. This was the result of Xia Yu's interference and the influx of capital.
However, Xia Yu knew exactly how much moisture there was.
The vast majority of financial practitioners also fully understand.
It's just that drumming and spreading flowers is one of the capital games. Many institutions and investors also have a clear understanding. The moment the Swire Consortium and Jiuding Consortium decide their victory is when the bubble is about to burst.
It can be said that the risks are almost plainly exposed.
It's just that the benefits are too tempting, so that the institutions and retail investors who enter the market are willing to take risks and bet that they can make a lot of money from the fire, instead of becoming the last poor receiver.
Unfortunately, investors did not expect that in order to maintain a high stock price, Norman Shiyahuai would choose to keep it confidential after completing the absolute holding, and decisively chose the former among direct and hidden interests.
On the other hand, Xia Yu's equity clearance was also extremely technical and concealed. There was no leak, and he had successfully fled when the news came out.
Therefore, there was no time for investors to flee. After the market opened in the morning, the stock market plummeted like a flash flood.
The capital market was already very panicked. While trying to stay calm, there was a breakthrough in the future problem of Xiangjiang, a nightmare for capital, which caused the ”flash torrent” to easily overwhelm everyone's psychological defense.
After the news broke in the afternoon that caused the stock market to plummet, wailing and swearing sounded one after another in the four major exchanges. The four major exchanges were in a mess. Faced with a full-scale plunge in the stock market, investors could only accept desperately and helplessly. .
In the entire stock market, the purchase orders of various companies that were originally listed were quickly withdrawn when they had time to withdraw, but more often they were facilitated by the rapidly plummeting stock prices, and then the funds were locked up.
Under this circumstance, all buying orders in the entire stock market have disappeared, and only selling orders are constantly pouring out, and the price of the selling orders is lower than one. Many investors have lost their minds.
It's not that they don't know that no matter how low the price is, no one dares to buy, and constantly lowering the selling price will only make them lose more.
But what if?
What if you are really stupid to buy it?
In a desperate and helpless situation, even the slightest possibility will be infinitely magnified and become a life-saving straw that everyone wants to grasp.
The stock prices of various companies continue to refresh the lower limit, driving the entire HSI market to plummet.
In less than an hour and a half, when the market closed at 4 o'clock in the afternoon, the Hang Seng Index fell below the threshold of 2,100 points to close at 2053.
When the market opened in the morning, the Hang Seng Index was at 2356.
In other words, today, the Hang Seng Index plummeted by 303 points, a drop of 12.8%.
More than a month’s gains were wiped out in just one day.
As the stock market closed, the panic in the market subsided. I don't know how many people fell on the ground.
And Jiuding Securities Company.
After Xia Yu saw that the Hang Seng Index closed at 2053, the corners of his mouth raised slightly, obviously feeling very happy.
Seeing that the market value of Swire Group had dropped to HK$13.28 billion, and the market value of HK$10.5 billion had evaporated that day, the smile on Xia Yu’s mouth became more obvious.
Noting the chairman’s gaze, Wang Qi said with a smile: “Swire is the company that needs the most market value in the stock market today. Now that the stock market crash comes, it has fallen the hardest, evaporating tens of billions of market value in one day. I estimate that Norman Shi Yahuai had to be scared of a heart attack.”
Xia Yu glanced at Wang Qi and said jokingly: ”You can go to the Huangdaxian Temple this afternoon and have someone open your mouth.”
Wang Qi was taken aback, then he laughed.
”Wang Qi, you arrange work first, and then come to my office.”