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Chapter thirty-eight plummeted a thousand points

The Hong Kong stock index fell by more than 1,100 points today. This is the worst day since the launch of the Hong Kong stock index.

In the private room of the Victoria Hotel restaurant, Sun Wei was shouting crazily as if he had taken stimulants. Beside him, Wang Yunlong looked at his friend with dissatisfaction and said: I said Sun Wei, you can't control your emotions.

Mr. Zhou is still here watching us.

Sun Wei looked a little embarrassed, and he said apologetically to Zhou Ming: I'm sorry, Mr. Zhou, for making you laugh.

Zhou Ming waved his hand and said it didn't matter. Today was the first day that trading resumed after the city's suspension. Everything was as Zhou Ming had expected: yesterday's speech by Chairman of the Stock Exchange Zhang Zhaofu at the press conference did not bring any impact to the market.

Without any confidence, the suspension of trading for four full trading days has aggravated the panic in the market. When the Hong Kong stock market just opened today, the Hong Kong stock index plummeted by 650 points in just fifteen minutes. The morning link

Both the Chairman of the Exchange, Zhang Zhaofu, and the Hong Kong government stated that they would inject a large amount of funds into the market to rescue the market, but they still could not save the collapse of the Hong Kong stock market. By the end of the afternoon, the Hong Kong stock index plummeted by more than 1,100 points today, a drop of up to 1%.

Thirty-five.

This drop was not only the largest one-day drop in the history of the Hong Kong stock index, it even set a record for a single-day drop in the world. Today alone, more than HK$6 billion in funds evaporated from the stock market.

According to Zhou Ming's Hong Kong stock index contract, Zhou Ming can earn 20 million from the Hong Kong stock index today alone.

This number may not be too much for some financial tycoons, but you must know that this is under the premise that Zhou Ming only has a principal of 520,000, so if Zhou Ming can own a fund company from the beginning, he can own

As for the 20 million principal, then the 6 billion funds evaporated by the stock market crash might all flow into his pocket. In other words, the entire port city's development in several years was all for Zhou Ming.

People are working.

Thinking of this, Sun Wei was so excited that he trembled all over. He said to Zhou Ming with admiration: Mr. Zhou, you are my idol. Your prediction of this global stock market crash is amazing. I am afraid you are the most visionary and analytical person in the world.

Computers are even less than one ten thousandth as good as yours

Lin Muqing sneered and said sarcastically: Then you didn't let us place an order in the first place.

That's the stupidest thing I've ever done in my life. Sun Wei said, "It was because of my blind eyes that I didn't see Mr. Zhou's ability, and that's why I took the action to obstruct Mr. Zhou. I really regret it."

If I had listened to Mr. Zhou and placed selling orders with Mr. Zhou, then I would have made a fortune along with Mr. Zhou.

Okay, stop talking nonsense. Zhou Ming turned to Wang Yunlong and asked, what are your thoughts on the future trend of Hong Kong stocks?

Wang Yunlong smiled bitterly and said: Mr. Zhou, please don't embarrass me. The Hong Kong stock market situation is now completely chaotic. Although I also thought that the four-trading day suspension would aggravate the panic in the market, I didn't expect that the market would be reopened first.

The weather actually fell so sharply. Everything was wrong. I didn’t even know where to start analyzing it.

Finally, Wang Yunlong summarized and said: Mr. Zhou, your analysis is completely correct. Our Hong Kong city's economy looks good, but in fact it is a bubble. The current plummeting of Hong Kong stocks is the process of concentrated explosion of bubbles.

So do you think Hong Kong stocks will continue to fall? Zhou Ming asked.

Wang Yunlong nodded and said yes, but Zhou Ming expressed a different opinion: I think the bubble in the Hong Kong stock market has ended.

Wang Yunlong and Sun Wei looked up at Zhou Ming, their eyes as unbelievable as if they heard that the Chinese team won the World Cup. They didn't understand why Zhou Ming made such a judgment, but because Zhou Ming predicted the Hong Kong stock market crash, they

He didn't dare to question Zhou Ming's judgment.

As people from Hong Kong, you should have some confidence in the economy of Hong Kong. Zhou Ming said that the Hong Kong stock index plummeted 1,100 points today. This is obviously due to the accumulation of panic in the market due to the four-day trading suspension.

It has reached its peak performance, as the saying goes, things must turn in reverse. As the financial center of the East, Hong Kong City still has a certain economic foundation and will not suddenly collapse like it did twenty years ago.

Mr. Zhou, do you mean that the Hong Kong stock market will bottom out in the future? Wang Yunlong asked uncertainly.

Zhou Ming shook his head: Today it plummeted 1,100 points in one day. The panic in the market is still there and there is no condition for bottoming out. I predict that Hong Kong stocks will continue to fall in the next week to half a month, but

The decline will not be too big, but will return to the real index, which can accurately reflect the current real economic situation of the port city.

Mr. Zhou, are you planning to withdraw your funds from the futures market? Wang Yunlong asked uncertainly.

Yes, tomorrow I will go to the futures company to settle my stock index contract.

Zhou Ming glanced at Sun Wei as he spoke. Sun Wei immediately patted his chest and said that he would definitely help Zhou Ming handle this matter. Zhou Mingcai then asked Wang Yunlong: I asked you to inspect those fund companies. How is the progress there?

Mr. Zhou, according to your instructions, I conducted an investigation on thirty fund companies in Hong Kong City. After screening, I think five of them particularly meet your requirements, Mr. Zhou. Because of this stock market crash, their financial situation is very poor.

It's very bad. Now we are eager to sell. Wang Yunlong said, took out a dozen documents and handed them to Zhou Ming and said, Mr. Zhou, these are the materials of these five companies, please take a look.

Zhou Ming took the document and handed it to Lin Muqing: I understand, wait for me to hear from you after I finish reading these materials.

Wang Yunlong nodded and said yes.

The next day, Zhou Ming and Lin Muqing followed Sun Wei to Fenghui Futures Company. Sun Wei led the way and said to Zhou Ming: Mr. Zhou is sorry, because the financial amount in your account is huge. According to our company's regulations, you

It will be automatically submitted to my supervisor, who will be responsible for making settlement for you.

Zhou Ming nodded to express his understanding. The financial market of this era is far less convenient than that of later generations, and the futures trading of Hong Kong stock index has only been launched for less than a year. It can be said that it is still in the exploratory stage of trial operation, and there are still many problems.

It is a perfect place, so it is not surprising that there are a few more procedures.

Sun Wei led Zhou Ming and Lin Muqing to the office of his supervisor. Before arriving, Sun Wei introduced some basic information about his supervisor to Zhou Ming. Zhou Ming knew that his surname was Wei and that he was the marketing director of Fenghui Futures Company.

Boss, this is my client Mr. Zhou. He is here today to handle the settlement of Hong Kong stock index futures transactions. Sun Wei said.

After settlement, I said, Xiao Sun, are you out of your mind? Mr. Wei raised his head and glared at Sun Weidao. Originally, I didn't want to criticize you in front of customers, but you made me too angry. In the past few days, the company has not had many customers asking for settlement.

But now the Hong Kong stock index has fallen so sharply, customers have basically lost all their money. How can we complete the settlement if we can’t even close the position? And you brought people to me, what on earth are you thinking?

Sun Wei shrank from being scolded by Mr. Wei, but he still said stiffly: Mr. Wei, I know that because of this stock market crash, many customers have suffered miserably and cannot settle, but this Mr. Zhou can settle.

Yes, he placed a sell order for the Hong Kong stock index.

Mr. Wei slapped the table, pointed at Sun Wei's nose and cursed: You are still messing around here. The Hong Kong stock index has plummeted so much that it is impossible to sell. Are you here to entertain me?

No, Mr. Wei, Mr. Zhou really placed the selling order ten days ago. Sun Wei said.

Mr. Wei was stunned by these words. He said in disbelief: "Xiao Sun, what are you talking about? This Mr. Zhou placed a selling order on the Hong Kong stock index ten days ago. How much did he place?"

Not much, fifty-second pieces. Zhou Ming answered for him.

If we look at numbers, 50,000 yuan is indeed not much, but that is under normal circumstances. Now the Hong Kong stock index is falling like a plunge every day. Yesterday alone, 6.4 billion yuan was evaporated. So, these 50,000 yuan were evaporated.

You can earn 10 million from second-hand goods at least. Moreover, Zhou Ming placed the order ten days ago, which was exactly the day before the stock market crash started. The stock market crash lasted for ten days, even if the four trading days were deducted.

, and the normal closing time on weekends, you can earn at least 20 million.

Mr. Wei took a breath of air-conditioning: At fifty-second days, are you a god who can predict the future?

Zhou Ming smiled casually: Can I make settlement now?

Mr. Wei nodded hurriedly and said: Of course, our Fenghui company will always provide the most generous service to Mr. Zhou.

After Mr. Wei finished speaking, he called the finance department to start settling Zhou Ming's selling orders. After a while, the results came out. Mr. Wei took the documents faxed from the finance department and said to Zhou Ming: Mr. Zhou is like this

,Due to the stock market crash, the Hong Kong government and the Stock Exchange have implemented certain market controls, so all your sell orders cannot be settled. We will settle the maximum amount according to your request. You can now get 20 million Hong Kong dollars.

Do you need to make delivery now?

Zhou Ming nodded and said: All is delivered now.

Mr. Wei thought for a while and suggested: Mr. Zhou is like this. You have also seen the current Hong Kong stock market. Since your selling order has been done, why don’t you continue to do it? I think that in the foreseeable future, the Hong Kong stock market will

The stock index will continue to fall.

I know that the Hong Kong stock market will definitely continue to fall, but the decline will not be too big. I will deliver all the 20 million today and deposit it into my account at Shanghai Honghui Bank. Zhou Ming said.

Seeing Zhou Ming's resolute attitude, Mr. Wei sighed and said: Mr. Zhou is really a decisive and far-sighted person. I believe it is not an accident that Mr. Zhou can make so much money in the Hong Kong stock index futures market this time.
Chapter completed!
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