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2109: Rescue the market and stop losses in time (1 more)

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    ?

    The market is closed!

    The hk stockholders rushed to tell each other, and they all breathed a sigh of relief.

    Except for those who shorted a large amount of money like Xia Xiaolan, no one wanted the stock price to continue to fall wildly.

    "I heard that the chairman of the stock exchange called the financial secretary of hk in the middle of the night to request the suspension of the market. Is it true or not?"

    "It doesn't matter if it's true or not, the market is closed!"

    "Will the stock market be stable when the market opens next Monday?"

    "It must be stable"

    Such discussions not only occur in the tea rooms of large companies, but also housewives and grandmothers in the vegetable market can talk a little bit.

    All are counting on good news when the market resumes next Monday after the market has been suspended for four days.

    It's a pity for Zhang Bailun. He didn't expect the Stock Exchange to play this game. He couldn't help but scold the chairman of the Stock Exchange for being cowardly, but he knew that the Stock Exchange was actively responding to such a decision.

    "I should have known¡ª¡ª"

    What did you know earlier?

    ? If I had known that the market would be suspended for four days, I closed my position yesterday and made a profit of 58 million. Would you leave the market satisfied?

    Xia Xiaolan shook her head, "Baron, I took such a big risk not only to earn 58 million."

    "Mr. Xia, do you think the Hong Kong stock market will fall again next Monday?"

    "Whether it will fall, you pay attention to observe, it is easy to draw conclusions."

    What to observe, of course, is to observe US stocks.

    The turmoil that has spread to global stock markets is all affected by US stocks.

    On October 20, after the Hong Kong Island Stock Exchange announced the suspension of the market for four days, some people questioned that such a move would damage the image of HK as a "free economic port".  HK's financial security!

    This statement was supported by the Financial Secretary of HK.

    Needless to say, the person who doubted it didn't want to trade in stocks, so he could stand and watch the excitement without back pain.  Or if they are short like Xia Xiaolan, they wish the stock market would fall as much as possible.

    Although Xia Xiaolan sold a lot of short positions, she didn't say a word in the face of the stock exchange's move to suspend trading for four days.

    Making money is doomed, why do you have to force yourself to attract fire?

    Making a fortune in silence is Xia Xiaolan's basic strategy this time.

    ?The chairman of the Stock Exchange was right. He alone took the blame for the suspension of the market, but it gave the Hong Kong stock market a few days to breathe, and it also gave the Hong Kong city government time to find a way to rescue the market.

    On October 20, global stock markets continued to fall.

    Not only stock prices are falling, but global commodity prices are falling. From industrial raw materials such as precious metals and copper to daily necessities such as coffee, sugar and textiles, there is nothing that does not fall!

    Now, the voice of the chairman of the hk stock exchange suddenly became much less.

    If hk doesn't avoid it, wouldn't it be more affected?

    It's not just Hong Kong stocks trying to save the market. In the United States, many listed companies have released the latest financial reports and operating data in a timely manner, hoping to give shareholders a shot in the arm:

    Take a look, take a look, don't miss it when you pass by, our company is profitable, and the stock is worth holding for a long time, don't rush to sell it!

    Ha, it's useless. The stock price of a listed company that has been profitable has been falling.

    This is very painful.

    Big companies had to resort to a unique trick. They began to buy back their own company's stock from shareholders to underpin the decline in Wall Street stock prices.

    Big companies pay out of their own pockets, not only to save the market, but also to prevent their shares from falling into the hands of financial speculators who come to buy the bottom.

    These measures are effective. On October 21, the U.S. stock index rose by 120 points. Thank God, it finally stopped falling. As long as it can stabilize, the U.S. stock market can recover!

    The US stock market is stable, and the global stock market is naturally stable.

    HK also announced the government's "rescue" plan for the stock market crisis: the government will arrange a loan rescue of up to 2 billion Hong Kong dollars for the futures exchange, of which 1 billion will be directly allocated by the government, and the other 1 billion will be provided by the futures exchange  Shareholders and stockbrokers share the responsibility.

    This is great news.

    Yuli doesn't quite understand:

    "Mr. Xia, why did the government want to lend to the futures exchange when the stock price fell?"

    "You let Manager Ji talk."

    Manager Ji didn't talk about it, and Zhang Bailun was very happy to explain to the beautiful secretary: "Because on the 20th, the account of the hk futures exchange lost a lot of money, and the reserves of the futures exchange were not enough to cope with this financial turmoil. The futures market of hk  Once there is a crash, those futures brokers will sell a large number of stocks in their hands to cash in, and the stock price will fall even more. The futures market will collapse first, and the stock market will collapse later.?All crash!  "

    It's just a pity, if the stock market doesn't continue to fall, Qihang will make less money.

    Mr. Xia is really stable, there is no sign of worry at all.

    A woman who can lose tens of millions, or earn tens of millions without changing her face, really should not be underestimated!

    "Mr. Xia, the situation is like this."

    Xia Ziyu also didn't understand why the Hong Kong city government wanted to "rescue the market" but borrowed money from the futures market.

    However, someone understands cr investment, just explain it to her.

    "Then next week, that is, on October 26, when the stock exchange opens, will the stock price rise again?"

    Xia Ziyu's question is a bit tricky. Now it seems that there are many measures to rescue the market, but whether it will rise or not depends on the actual situation after the market opens.  Xia Ziyu's assistant could only vaguely say:

    "At least it won't fall so fast again. In addition to lending 2 billion to the futures exchange, the HK Bank Association, Standard Chartered, and HSBC jointly announced that on the 26th, the loan interest will drop from 8.5% to 7.5%. The interest rate cut will stimulate the stock market.  .And Li Sheng also said that he would spend 1 billion to repurchase shares, which is definitely good news!"

    Li Sheng was the rich man who raised more than 10 billion in cash from the stock market through the rights issue of four of his companies before the stock market crash.

    He is not the richest man in HK yet, but he will be soon.

    He wants to use 1 billion Hong Kong dollars to repurchase stocks, which is the same as those large listed companies in the United States, all of which are "rescuing the market".

    With so many supporters, it is indeed worth looking forward to when the Hong Kong stock market reopens on the 26th.

    Don't say that it will rise immediately, at least the downward momentum should be stopped, right?

    Xia Ziyu still felt uncomfortable.

    If Xia Xiaolan closes her position as soon as the market opens on the 26th, she can earn tens of millions.

    Xia Ziyu wanted to hear the conclusion that the stock market would rise from his subordinates, but they only dared to say that it would not continue to plummet.

    Xia Ziyu also felt a headache, losing tens of millions a day, CR couldn't survive for a few days.

    Previously, I felt that God was on her side this time. The Hong Kong stock market plummeted on the 19th, and it seemed that it began to favor Xia Xiaolan again.

    In the beginning, it was Xia Xiaolan who took the lead. The stock exchange was suspended for four days, and Xia Ziyu gradually regained his senses.

    In fact, if the Hong Kong stock market continued to fall on the 20th, Xia Ziyu could only reluctantly cut his meat to close his position. Fortunately, the stock exchange announced a four-day suspension, which gave Xia Ziyu a breathing space.  During this period, many rescue measures were announced, Xia Ziyu hesitated and said:

    "If the stock market performs well tomorrow, and the stock price of Lujiabao can rise a little higher than on the 19th, our loss can be controlled within 8 million, and we will close our positions and leave the market immediately!"

    Dong Xia finally became rational, and the assistant was very happy.

    It would be nice to get away with a loss of 8 million, this is called timely stop loss!  (Remember the site URL: www.hlnovel.com
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