The current Dow Jones Index is like the scene of a one-sided and tragic war.
Under the influence of the general situation, short sellers have been making great progress.
But even in such a battlefield, there is still a difference between more meat and less meat.
Although Xu Heng tried his best to hide all his positions, he could not resist Li Jin who had already found out his details.
The two sides have planned and targeted each other for such a long time, and each side has already understood the details of the other side clearly.
Li Jin took the lead in launching an attack, targeting all of Xu Heng's positions.
Under Li Jin's all-round attack, Xu Heng's pretense was suddenly torn apart like a widow's fig leaf.
Suddenly, the eyes of those airdrop agencies that were looking for meat all over the world shone brightly.
I didn't expect that there would be a big fish hidden in such a chaotic battlefield.
For those airdrop institutions, no matter you are Xu Heng or Yongheng, as long as there is profit return, even if Buffett is standing in front of you, you will be overthrown.
In terms of power, which of the bosses and shareholders behind these institutions is not a member of the Fortune Global 500?
You, Xu Heng, are quite powerful in Hong Kong City, and the Xu family is indeed powerful.
But on the battlefield of Nasdaq, the Xu family is nothing more than a small local country squire. Wanting those airdrop institutions to take action? It doesn't exist.
As a result, a financial battle with no smoke in sight skipped the gentle prelude and entered the most violent bayonet stage.
The comparison is that more money means greater power.
"Master Xu, the offensive is too fierce, we can't hold it anymore!"
"Master Xu, we have to find a way right away. If there is just one Li Jin, we can still persist, but the problem is that the market situation has fallen too hard now!"
"Li Jin launched such a high-profile attack, attracting at least six short-selling institutions to encircle and suppress us at the same time. We simply cannot withstand it!"
"Xu Shao, the warning line of position funds continues to fall below the critical value. If this consumption continues, our funds will not be able to hold it for much longer."
A series of panicked shouts from his men made Xu Heng feel dizzy.
"Okay, everyone, be quiet and shut up!"
Xu Heng roared, and the noisy room fell into an eerie silence.
Only the sound of dull and rapid breathing was left.
"How much available funds do we have left now?" Xu Heng asked through gritted teeth.
"There are still 1 billion US dollars." A subordinate reported carefully.
"How long has it been since the market opened? It's only been 10 minutes, and you've already lost 300 million US dollars to me!?" Xu Heng said angrily.
The men who had answered before suddenly did not dare to speak.
At this time, another subordinate whispered: "Master Xu, you really don't blame us. Li Jin is too despicable. He deliberately made a big fanfare in order to attract those airdrop agencies to attack us."
"Xu, please step back a little bit."
At this time, Morrison stood up from the computer with a serious expression.
"At the peak of pressure we faced before, there were at least 6 airdrop institutions from around the world attacking us, and the total amount of funds exceeded 6 billion US dollars. Under this situation, if we did not retreat, our remaining money would be lost within half an hour.
It will burn out."
"damn it!"
Xu Heng was furious and kicked the solid wood sofa next to him.
The heavy sofa didn't move at all, but Xu Heng's face turned red and then turned livid.
Whoever tastes the feeling of kicking his toes on the hard solid wood knows it.
Xu Heng was in so much pain that he couldn't speak. Morrison shook his head when he saw this. He knew that Xu Heng's mentality was about to collapse.
So he ordered on behalf of Xu Heng: "Abandon some non-core positions again."
One of his subordinates said carefully: "Mr. Morrison, he gave up three batches of positions in a row yesterday, and now he has relatively large positions on hand."
"Then start from the position with the smallest amount of funds!" Morrison said impatiently.
"The more positions we retain, the more funds we need to cover our positions, and the greater the financial pressure. If all these funds are used up, how can we make a comeback in the future?"
A group of the most elite traders did not dare to speak, and all looked at Xu Heng.
Xu Heng is their boss. If Xu Heng doesn't speak, how can they dare to take action?
Morrison, who noticed this scene, frowned slightly, with a flash of dissatisfaction in his eyes.
"Xu, it's time to make a decision."
Morrison's words made Xu Heng endure the pain in his feet and the anger in his heart.
"Let it go, let go of the seven positions with the smallest proportion of funds."
Xu Heng said helplessly.
The words were full of humiliation and unwillingness.
Ever since he, Xu Heng, finished his studies and came to the outside world as an adult, he has always been the only one to make others bow their heads. When has it ever been his turn to have his head pressed down like this?
This person is still an ordinary person from the mainland!
This made Xu Heng especially unwilling.
However, the news that came next completely shattered his mentality.
"Master Xu, the progress regarding Jinqing Entertainment Group is not going well."
Meng Yehe came back from outside and reported to Xu Henghui expressionlessly.
As Xu Heng's deputy, although Meng Yehe has no specific position in the Yanhuang Society, everyone knows that Meng Yehe is Xu Heng's dog.
Therefore, it was Meng Yehe who took the lead in coordinating the efforts of the Yanhuang Society to target Jinqing Entertainment this time.
Xu Heng's face turned cold when he heard this, and he said in a deep voice: "Why doesn't it go well? Li Jin himself is not in the port city, and even if he is in the port city, he will not have the strength to fight against the Yanhuang Society. How can such a certain thing not go well?
Did the Huo family take action?"
Apart from the Huo family stepping up to support Li Jin, Xu Heng really couldn't think of any reason why such a confrontation with such a huge disparity in power would cause any accidents.
Meng Yehe shook his head and said: "The Huo family did not take action, but Jinqing Entertainment Group itself made a change in decision-making."
"They have given up on all terminated contracts and have not forced them any further. And today they suddenly signed a series of contracts with a group of companies in the mainland to endorse theaters, distribute screening advertisements, etc."
Having said this, Meng Yehe paused for a moment. Seeing Xu Heng's expression was like a pool of stagnant water, he continued: "They are leaving the Hong Kong City market and heading to the mainland instead."
"Master Xu, with all due respect, Li Jin has always focused the entertainment industry on the mainland. This can be seen from the fact that after he acquired and reorganized Jinqing Entertainment Group, he also took over Huayi Brothers in Yanjing.
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"Our persecution this time probably suits Li Jin's wishes, allowing him to take the opportunity to completely cut off the Jinqing Entertainment Group's management and celebrities' desire to stay in Hong Kong for development, and instead focus entirely on the mainland."
"If it weren't for us, he would still have to work hard to get the management and artists to give up Hong Kong City willingly, but now, he is probably thanking us."