"So, these companies simply issued a few negative announcements together, and even staged the resignation of the chairman. It shows that they are really afraid."
"Once Wall Street capital succeeds in fishing, or if PetroChina and Sinopec go public, their stock prices will fluctuate violently."
"Instead of letting others manipulate it at that time, it is better to take advantage of the fact that the initiative of the stock price is still in their own hands, and let it fall first and then look at the situation. This is the best solution to protect one's safety."
Wei Yan gritted his teeth and said, "But this will increase the risk of market collapse."
"Risks are always there, it depends on what Wall Street capital does." Li Jin said.
The support point of 2,400 fell within half an hour of the CSRC’s announcement, which was a huge blow to the domestic stock market.
Market confidence is on the verge of collapse, and this juncture is the opportunity that Wall Street capital longs for!
The sudden self-destruction of several leading listed companies in the energy sector is like a dramatic turn on a stage that was originally staged for a counterattack.
This turning point makes the future direction of China's stock market, which is already unclear, even more confusing.
Faced with this sudden surprise, the biggest surprise was Wall Street capital.
When Soros saw the sharp turn for the worse, he couldn't help laughing.
"Hahaha, these Chinese people are really good at fighting among themselves, and they have given us a God-given opportunity."
After Soros smiled, he immediately issued the order.
"Go all out to short the energy sector, and don't let go of the financial sector. Before the market closes this morning, China time, I want to see these two sectors fall 400 points."
Funds from Wall Street capital poured in instantly.
No matter how complex and brilliant the strategy is, facing the absolute financial advantage at this moment, there are no skills or methods to speak of. All that is left is to watch the stock price fall again and again.
Short selling in the stock index market directly affects the entire stock market trading market. A large number of sell orders densely fill the trading column of the electronic screen. There are only sell orders and no buy orders.
There is only one outcome for such a market, it will drop to the limit!
The 10% limit seems like a lot, a full tenth of the market value, but under this level of financial attack, it only takes a few breaths to reach it.
The trading charts of 80% of the listed companies have plummeted. Not to mention the still young Chinese stock market, even the global stock market has never seen such an exaggerated precedent.
China's domestic stock market is in turmoil, making Soros very satisfied.
He looked with relief at the tragic situation he had created on the electronic screen. He couldn't help turning his head and smiling at Rogers beside him: "Old man, how desperate do you think those Chinese people will be now?"
Rogers shrugged and said: "China's stock market has a 10% limit limit, so you are destined to only be able to do this step, but it is different here where I am responsible."
"Here, I can defeat any industry in China...it only takes one day."
On the screen in front of Rogers, what was displayed was... live futures trading.
If the sudden collapse of the stock market without warning made investors exclaim that China's first stock market crash was coming, then the sudden collapse of the futures market made most people smell that foreign forces were deliberately targeting China's economy.
The flavor of the system.
The former is just a natural law of economic development. As long as the development time is long enough, no country or society can avoid an economic crisis similar to the stock market crash, and China will be no exception.
But the latter is a naked financial war.
The kind that can easily kill people.
During the Cold War, why did the Red Empire, one of the two poles of the world, collapse overnight? The United States did not use a single bullet to disintegrate the Red Empire that stood in the East and made the world tremble. It used financial war.