Chapter 491 How many short positions did the central bank speak?
Jiang Gan said in surprise: "There is new news about the RMB exchange rate. As I just said, on July 3, the People's Bank of China said, "China is confident that the RMB will remain stable in a reasonable range." Affected by this, the RMB exchange rate trend showed an amazing V-shaped trend. On July 4, the RMB rose sharply, with a sharp rise of more than 500 points on the offshore, and approaching 6.60 on the shore..."
Wang Qiang said, "Then let it rise."
Su Su laughed: "Brother Qiang, don't you realize anything?"
Wang Qiang said in surprise: "It has begun to appreciate? From the tactical stage to the strategic stage, internationalization or something?"
Su Su shook her head and smiled, "It's the joke I just said. I don't know how many short sellers will be beaten by this sharp rise!"
Wang Qiang then came to his senses: "So that's it!"
Su Su said in a deep voice: "Review, short selling is the gameplay of high-end players. Ordinary retail investors and low-end players don't know how to play it. Anyway, no matter how much they fall, as long as you hold the stock in your hand as a heirloom and don't sell it, it will rise one day, which is the legendary 'stocks are to live in, not for speculation' - abbreviation of stocks to live in or not to sell."
Wang Qiang sighed: "As a result, the house became a speculative one, not for living, this one needs to be treated."
Su Su nodded: "But short selling is different. As I said before, short selling and long selling are actually both buying low and selling high to make the difference. The difference is that short selling is to first borrow the stock and then wait for the stock to fall and get the price off, which is the opposite order of longing. At the same time, because short selling stocks are borrowed, there is a time limit, so it is impossible to play Heirloom. Once the stock does not fall, but rises sharply - I'm sorry, once the time comes, the system forces trading, plus short selling players must borrow money to play leverage, that is, the legendary liquidation, GAME OVER - go to the rooftop!"
"So, the continuous decline of the RMB exchange rate during this period will inevitably lead to short speculators making trouble. This can be regarded as letting the bullets fly for a while, and then as soon as the central bank finished speaking, these shorts exploded instantly. It is a familiar recipe, a familiar taste, and speculative players who will never increase their memory!"
Wang Qiang sighed: "If these short players do not play leverage, they will not go to the rooftop."
Su Su snorted coldly: "Brother Qiang, do you think the stock market is easy to rise or fall?"
Wang Qiang Rar: "Of course it's easy to fall!"
Su Su said in a deep voice: "By the way, the panic selling of the stock market that has plummeted thousands of miles is the favorite of short players, not to mention that short players themselves can control the right to speak in some media, which can further create a panic atmosphere. To set up such a big situation without using leverage to play a big group of past? Unfortunately, in today's world, there are really no big players who dare to short with China. This is also the eve of the official fire of the trade war on July 6th!
Jiang Gan said again: "On July 3, Observer.com, the US chip giant Micron Technology was ruled to ban production and sales in China."
Wang Qiang said in surprise: "Microtron? Brother remembers that after the United States imposed sanctions on ZTE, China sanctioned Samsung, Micron, and Hynix for monopoly crimes, and other things to beat each other's children."
Su Su smiled coldly: "Yes, the result at this time is a flag sacrifice before the war. Didn't the United States think that China would not be able to lose their high-end chips? Then China directly expressed its determination to ban the sale to the United States and see whoever is afraid of whom!"
Jiang Gan said: "According to rumors, after the ZTE incident, the official internal news of China is to use the spirit of two bombs and one satellite to solve the chip problem within five years. 70% of the US high-end chips are sold to the Chinese market, and this 70% cannot be replaced by Europe and Japan, because they have their own high-end chips, and they cannot expect those poor countries in Asia, Africa and Latin America to replace them. Once high-end chips are banned from selling high-end chips in China, it is difficult to say whether the US chip industry will go bankrupt, because high-end industries mean investment in the high-end, and these investments must be obtained from the huge profits of the Chinese market."
"Once the chip industry in the United States goes bankrupt, it is hard to say that the inflated stock market on Wall Street is still stable or unstable. Once it cannot be stabilized - they are not the ones that China's A-shares will fall if they want to."
Chapter completed!