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 away as far as possible. How can we stop the tsunami?
Under the dual pressure of the defeat of the Microsoft 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 one 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 [Shuquge www.shuquge.xyz] have not 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."