Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 88 Fall

The clock on the interior wall of the transaction was ticking, and time passed by minute by minute. Ten minutes might be short, but for Liang Wensheng, it was undoubtedly a long wait.

When the pointer representing time shifted to the hour, the Xiangjiang stock market also announced its opening.

Less than half an hour after the opening, the Hang Seng Index rose by three points on the basis of yesterday, from 1801 to 1804 points yesterday.

"Mr. Mo, why don't we... close the position now. Now close the position, we can still lose a little less part of the capital." Seeing the Hang Seng Index continue to rise and there is no downward momentum, Liang Wensheng was frightened and couldn't help but suggest to Mo Xuan. According to the rising momentum of the Hang Seng Index, at most another hour, the Hang Seng Index will break through the limit of their losses, and the short positions they have established will be forced to close by the futures company.

Forced closing refers to the position where a third party other than the position holder forcibly closing a position holder, which is also called being cut or being cut.

There are many reasons for forced closing of positions in futures trading, and the most common one is forced closing of positions due to insufficient margin for customers' trading.

Specifically, it refers to the act of a futures company in which the transaction margin required for the customer's position contract is insufficient, and he fails to timely add the corresponding margin or actively reduce his position in accordance with the notification of the futures company, and the market still develops in a direction of unfavorable position, in order to avoid the expansion of losses, the futures company forcibly closes some or all of the customer's positions and fills the margin gap with the funds obtained.

Once the position is forcibly closed by a futures company, it means that Mo Xuan and his money invested in the stock market will be nothing, and they will not be able to experience the dangers in it without experiencing the stock market personally. Every time the Hang Seng Index rises a little, Mo Xuan and his wealth evaporate a part, which is his lifelong savings.

"Old Liang, we have no way out at this time. Now there is only one way, that is, to continue moving forward." Mo Xuan shook his head and flatly rejected Liang Wensheng's proposal. If he chooses to close his position now, all the funds he invests in the stock market will be left, and he will change from "future Li Jiacheng" in Xiangjiang to "billion-lost man". Then he might as well take a try. Moreover, he believes that his memories of his previous life will not deceive him. The stock price in the fraud case of Jianing Group has proved this to him.

"Mr. Mo, unless a miracle happens within this hour, it will be impossible for the Hang Seng Index to fall according to this upward trend today." Liang Wensheng said with a sad face. He felt that Mo Xuan was like a gambler now.

"Then you just wait for a miracle to happen later." Mo Xuan smiled mysteriously and said, the news should be coming soon.

After hearing Mo Xuan's words, Liang Wensheng smiled bitterly and said, "I hope so."

...

An hour is not long or short. As Mo Xuan and Liang Wensheng waited, it quickly faded away, and the Hang Seng Index also rose all the way, reaching a historical record of 1,809 points.

"You're going to drop it for me." Liang Wensheng, who had been staring at the big screen, couldn't help but sigh in his heart. At this moment, he was already blind and looked as if he was ashamed. He really regretted it now, so he shouldn't follow Mo Xuan's advice and invested all his savings in the stock market, and approached him in such a situation that made him feel desperate.

The inertia of history will not be easily rewritten because of the arrival of a small butterfly. When the Hang Seng Index rose to 1810 points, a news report by TVB instantly triggered the entire Xiangjiang River: "The latest news on this station is that the negotiations between the highest leader of the Chinese side and former Prime Minister Heath on the Hong Kong issue were blocked, and the two sides broke up in disagreement. It is not feasible for China to announce that Britain wants to exchange sovereignty for power. If the British side is obsessed with it, China will not rule out unilaterally announcing the withdrawal of Xiangjiang River by force. The station will continue to follow up the follow-up situation."

As the saying goes, political trends are the barometer of the stock market. In Mo Xuan's previous life, after the news of Telprom being elected President of the United States came out, global stock markets plummeted. When the news was broadcast on the TVB, the Hang Seng Index also responded quickly. The curve representing the Hang Seng Index on the big screen suddenly showed a small decline from rising all the way, falling to 1809 points.

"Sink! Fall! Fall!" When Liang Wensheng saw it, his tense nerves were immediately revived. He shouted softly while staring at the Hang Seng Index trend on the big screen.

Perhaps God heard Liang Wensheng's cry, and then the Hang Seng Index really fell in response to Liang Wensheng's cry at a speed that could be observed by the naked eye, and poured wildly all the way.

1808 o'clock!

1807 o'clock!

1806 o'clock!

1805 o'clock!

"Falling! Falling! Falling!" Seeing this, Liang Wensheng could no longer suppress his heart strings, which had been suppressed for many days. He clenched his fists, kept waving his hands, and shouted loudly. Influenced by him, the tension of his traders under him was also aroused. Everyone stared at the Hang Seng Index trend on the big screen, holding their breath and concentrating.

Unlike Liang Wensheng's nervousness in the trading room, Mo Xuan sat on the sofa and drank coffee leisurely. He was extremely happy at this moment when the Hang Seng Index fell a little. Every little drop in the Hang Seng Index means that he has increased wealth that ordinary people will never make in their lifetime. The more points the Hang Seng Index falls, the more profits he earns.

The Hang Seng Index continued to fall until the closing of the Hong Kong stock market in the afternoon, the Hang Seng Index had fallen from the initial 1810 points to 1750 points.

"Mr. Mo, will we continue to short the Hang Seng Index tomorrow?" Liang Wensheng asked Mo Xuan excitedly. At this time, Mo Xuan was like a god in his eyes. He was not new to Mo Xuan knowing the negotiations in Xiangjiang, because Mo Xuan had already mentioned it to them, but Mo Xuan could clearly understand the changes in the Hang Seng Index and know that it would fall at 1810 points, with a point of no difference. This... was simply a miracle. All this made Mo Xuan look mysterious in Liang Wensheng's eyes. His original trust in Mo Xuan instantly rose to the point of worship.
Chapter completed!
Prev Index    Favorite Next