But the market did not let them hesitate for too long. With the withdrawal of Jin Qingtian's main investment funds, the short pressure on the secondary market suddenly relaxed, so the bullish institutions and retail hot money immediately seemed to see an opportunity to eat meat, and they took risks one by one.
Pounce on me naked.
In the blink of an eye, Jin Qingtian placed the first batch of orders and most of them were eaten.
After that, Lei Man and Quantum Fund didn't care much and immediately began to swallow up all the remaining orders.
"Market confidence in the secondary market is returning."
In the command room, Li Jin and Meng Yehe looked at the electronic screen intently.
"Everything is as expected, and the market's rebound sentiment will be released in this wave of market conditions."
"In this way, it can be regarded as a disguised relief from the pressure we may bear in the future."
Meng Yehe looked thoughtful and said slowly: "If your target is the secondary market from the beginning, then this market will be like a river blocked by a dam under the first step of the previous attack. Now it is properly released.
Not only can it reduce our pressure, but it can also reduce the total amount of water in the river."
"The problem is that this speed is difficult to grasp." Li Jin read the transaction data of the entire secondary market, and the dense data flow was reflected in his pupils, but he was able to accurately capture what he wanted from these massive data flows.
information.
After rubbing his temples, Li Jingang finished speaking, and Wei Yan returned to the command room with the latest news.
"The Federal Reserve issued an announcement announcing an interest rate cut and an RRR cut!"
Li Jin and Meng Yehe's expressions changed at the same time, and a space immediately appeared on the screen, showing the latest announcement from the Federal Reserve.
"With a one-time cut of 0.25%, the Fed is really confident!" Meng Yehe said after looking at the announcement.
The so-called interest rate reduction and reserve requirement ratio reduction means lowering the national loan interest rate and reducing the reserve ratio that banks need to hand over to the central bank.
In other words, this is an economic stimulus policy that makes people realize that it is unprofitable to keep their money in the bank and forces them to withdraw their money and invest it.
Looking at central banks around the world, cutting interest rates and reserve requirements or raising interest rates and raising reserves are the most effective policies for central banks to carry out macro-control of their own market economies.
"This is only the first step of the Fed's action plan. If the expectations are good, it will not be far from the time when they will personally exit after this announcement." Li Jin concluded.
"Time is running out. We must take more drastic measures to build a favorable position for ourselves that we can deploy before the decisive battle begins."
To say that the most responsive to policies is definitely the capital market.
What's more, the Federal Reserve's policies and the U.S. capital market.
It is no exaggeration to say that when the Federal Reserve sneezes, the U.S. capital market has already started selling cold medicine before anyone else hears it.
This time there is no exception.
Even because of the global attention on the showdown between Jinqing Capital and Wall Street Capital, they are more concerned and sensitive to the policies of the Federal Reserve.
Almost at the same time as the announcement was released, the capital market had begun to experience a huge positive rebound.
Previously, due to the huge short pressure from Jin Qingtian's investment in United Harbor City Capital, the entire subprime loan market was stunned, and the whole subprime loan market was filled with grief.
Subsequently, the self-rescue actions of Quantum Fund and Leiman Investment Bank began to give the market some confidence.
When the Federal Reserve issued this announcement, the entire subprime loan market immediately became active.
The rebound sentiment and the stimulation of the favorable policies themselves caused the subprime loan market to rebound quickly. The points previously lost due to Li Jin were quickly recovered in a short period of time, and even exceeded.
"Mr. Li, the current level of the subprime loan market is 19,800 points, which is 300 points higher than the 19,500 points when we entered the market before."
More than ten minutes later, when Li Jin and Meng Yehe were discussing the next arrangements, Wei Yan came in to report the situation.