In the futures market, you can choose to buy or sell, that is, bullish or bearish.
It's very simple. If you are bullish, you believe that it will rise. When the stock index really rises, you will make money.
To be bearish is to believe that it will fall, and make money when it falls.
In short, it is a bet on whether the stock index will fall or rise.
At this moment, Li Jin believed that the Hang Seng Index would definitely fall, so he naturally chose to be bearish.
In fact, the decline of the Hang Seng Index has become a trend that even gods cannot save.
The tsunami has appeared on the horizon. All we can do now is to run as far away as possible. How can we stop the tsunami?
Under the dual pressure of the defeat of Microsoft's monopoly case and the pressure of "Barron's", the Hong Kong stock market was filled with disasters.
The entire market began to fall, and retail investors fled frantically, selling their stocks one after another. But at this time, where could they find the funds to take over?
When a stock is sold, someone needs to buy it to complete the transaction. If there is only selling but no buying, there is only one outcome: the stock price will fall!
The current Hong Kong stock market and even stock markets around the world are facing this situation.
Countless stocks fell sharply, pulling down the entire stock index.
Almost all stocks are falling!
In the Hong Kong stock trading market, countless people were holding their heads crazily and looking at the screen in disbelief. Wails, screams, and cries and curses were everywhere.
The scene turned into a mess.
At the same time, the media reports the latest stock market conditions as quickly as possible.
Then everyone around the world knew that the Internet bubble burst.
Under such circumstances, the panic becomes more intense.
The Hong Kong government held an emergency press conference, stating that the Hong Kong government would make every effort to protect the safety of investors' funds and provide a series of favorable measures for Internet companies.
The Hong Kong government attempts to use policies to stimulate the stock market and ensure stable economic development.
However, with panic spreading throughout the market, the Hong Kong government's press conference had no effect at all.
The stock price is still falling.
The stock index fell further than anyone realized.
Like a nightmare, it awakened investors in Hong Kong City’s horrific memories of the financial tsunami three years ago.
The economic collapse of any region will have to be borne by the entire local population.
The simplest and most direct thing is that the stock price of a listed company is too low, leading to a loss of funds, and eventually the company goes bankrupt. Then the first thing that will be faced is that employees lose their jobs.
These employees who have lost their jobs have no source of income, which will affect the stability of the entire family.
Too many people have lost their jobs, and the worst and most direct consequence is social unrest.
Similar painful lessons have never happened abroad.
So the people were panicked.
In just half a trading day, the Hang Seng Index has been falling. As of the close, the Hang Seng Index fell to 14,979 points!
At this moment, everyone knew that the Hong Kong stock market was over.
The bullish people were completely defeated in this battle and completely lost their defense. What is left is that the bearish people are having a carnival.
They will reap the fruits of their victory.
Huo family, when the stock market was closed, Li Jin let out a sigh of relief.
"Report the results." Li Jin said.
Zhang Zixing's face flushed with excitement. He had never been so excited after working in the industry for more than ten years.
After swallowing and licking his dry lips, Zhang Zixing tried his best to suppress his trembling voice and said: "15 billion was invested in the morning, the Hang Seng Index fell 3,000 points, and our current balance is 29.6 billion."
"In one morning, we made 14.6 billion!"
"Stock God, Mr. Li, you are really a stock god!"
Zhang Zixing said tremblingly.
At the same time, all the operators in the hall looked at Li Jin with admiration. As the executors of orders, they knew better than anyone else how decisive and wise Li Jin's orders were.
Many orders that seemed inexplicable at the time would change in a short period of time in the ever-changing capital market, proving that his orders were extremely foresighted.
It seems that in Li Jin's eyes, there are no secrets in the treacherous capital market.
Li Jin, who had been serious for several hours, finally showed a smile on his face and said: "Okay, let's take a rest now. Let's eat. Everyone eats and drinks well. Just tell them to do whatever they need, and everyone will be satisfied!"
"In addition, each person will receive a bonus of 100,000 yuan."
The traders immediately cheered.
At the same time, Li Jin and his party also went upstairs to eat.
At the dinner table, Lin Ming and Huo Huanyu kept looking at Li Jin, their eyes were no different from looking at gods.
"Why are you so powerful?" Huo Anlan said sincerely.
Li Jin chuckled and said: "Is it great? It's still early, it's just the beginning."
Upon hearing this, Huo Zhenzhou asked: "How far do you think the Hang Seng Index will fall?"
Li Jin pondered for a moment, recalling the results of this financial crisis in his previous life.
A total of 3 trillion U.S. dollars worldwide were evaporated in this bubble, which shows its horror.
The Hang Seng Index fell directly to 8,000 points.
The decline rate exceeded 60%.
What is this concept? Let’s use a simple example. Before the bubble burst, you invested 100 yuan in the stock market. When the bubble ended, you would have less than 40 yuan left.
When it comes to those that go bankrupt and delist, not a single penny is left.
This is the cruelty of financial markets.
"The 10,000 point level will definitely not hold, and it will at least drop below 9,000." Li Jin gave a more conservative answer.
Huo Zhenzhou and Lin Ming looked at each other and took a breath of air.
They understand what the data given by Li Jin means.
This means that the Hong Kong city's economy will go back for at least five years.
"What's wrong with your expression? Isn't it true that the more it falls, the more we make?" Huo Huanyu asked in a very cute way.
Huo Anlan glared at him and said, "That's why I tell you to read more books. The more it falls, the more you can earn."
"But we have to consider that our family and Mr. Lin's family are both rooted in Hong Kong City. If the economy of Hong Kong City is ruined, what will we, the business families, do in the future?"
Huo Huanyu was startled when he heard this and said hurriedly: "Yes! What should we do?"
Li Jin looked thoughtful.
In his previous life, he was just a belated spectator. He only learned about the economic crisis when the bubble burst through reports later.
But this time he participated in it personally, and he clearly felt that behind this financial crisis, there seemed to be an invisible big hand controlling everything.
It seems that someone is deliberately destroying the port city's economy.
"Hong Kong stocks can fall. This is the general trend. The bubble has been amplified so much that no one can protect it, but the Hong Kong city's economy cannot be destroyed." Li Jin said seriously.
He also plans to invest in the port city. The development of the port city in the future will bring unimaginable profits and returns. How can someone ruin the economy of the port city?
"The port city must not be destroyed by others..."