The positions of these two companies were instantly exploded.
The most heavy losses are those retail investors who have seen the market recovery and are busy chasing highs.
In this kind of capital confrontation, retail investors are basically the purest cannon fodder, and once they make the wrong direction, they can't even have room for struggle.
For example, the shorting of the 160 billion US dollars in the market directly dropped the points of the entire secondary market by 500 points. It is no exaggeration to call it the most terrifying stock market crash since the opening of the secondary market.
Under such a rapid decline, countless retail investors were like ants standing on the edge of a cliff, and the huge rocks under their feet rolled down. No matter how painfully they screamed, they could not save anything.
Afterwards, it is estimated that this short hedging was just the first three minutes before, more than 4 million retail accounts were directly exposed, and the funds lost exceeded 30 billion US dollars.
"Any technical skills are meaningless under this kind of hedging fund."
Standing in front of the electronic screen, Li Jin stared at the blood-red numbers that were constantly jumping and falling on the screen, and whispered to Meng Yehe beside him: "The only thing that can really determine the winner is the number of chips on hand, and see who will score the last point first.
family property."
Meng Yehe also had a solemn expression. He nodded and said, "Indeed, there are very few things we can do now, it depends on how Leiman and Quantum Fund react."
"They have no choice but to hedge."
Squinting his eyes, Li Jin clenched his fists slightly and said in a deep voice: "We forced them to the secondary market. All we want is to fight them here, otherwise we will have no chance of winning."
"Only by fighting, the bigger the fight, the better, and the more violent the trouble, the better. Only in this way can we trigger the subprime mortgage crisis in advance and cause the credit economy to collapse in the United States."
As soon as Li Jin finished speaking, Meng Yehe suddenly stared at the electronic screen and shouted: "They reacted!"
At this moment, the data on the market has changed rapidly, and the most obvious thing is that the decline rate has begun to slow down. On the premise that the trading volume increases by geometric multiples, we can see that the long Leiman and Quantum Fund have begun to invest large amounts of funds in an attempt to stabilize
Live in the market.
The decisive battle between bears and bulls began without warning.
Both sides have temporarily stabilized on the current price line, strangling each other, but it seems that no one can do anything to each other.
The funds of each other began to gush out like they had opened the tap water from the leading group.
I harvest your orders, and you swallow my orders.
As Li Jin said before, once such a magnitude of funds begins to fight, any fancy and so-called technical operation is meaningless. The rest depends on who has a stronger family background.
"Add to $20 billion."
Li Jin pondered for a moment and said, "If the price is lowered, we must break the current stalemate."
"But if we do this, our reserve funds will be a bit dangerous, and it is very likely that Quantum Fund and Leiman will call."
Shaking his head, Li Jin said: "I can't think about it so much now. Now the entire secondary market is like a panicked chicken coop. Every chicken is in a panic state. We must point the fear in these chickens.
It’s only in this way that the chicken coop can be overturned. Otherwise, the more stalemate the situation is, the more unfavorable it will be for us.”
Meng Yehe sighed and nodded to admit that Li Jin's decision was the most correct.
So, he entered the market again for US$20 billion.
The 20 billion US dollars is like the last small weight on the balance that could barely maintain balance. Although it was only a small change in weight, it made the trend of the entire market begin to tilt towards Jinqingtian Investment.
Burning money is the real burning money.
No, even if you burn money, it is not as fast as Li Jin spending it now.
Every minute and every second, the funds that Li Jin blew out were used as units of 100 million yuan, and even if it was burned, it would take several hours to completely burn it.