Guan Jinsen is from Jiangxi and has liked spicy food since he was a child.
Although the small noodle shop opposite the Wanguo Stock Exchange was busy, he preferred this Sichuan style noodle shop to other restaurants with bland tastes.
However, he was not in the mood to eat noodles today.
It wasn't because of what the young man said, it was just what happened this morning that kept making him feel upset.
Back in his office, Guan Jinsen's expression became increasingly gloomy.
The price of 327 treasury bonds has risen to 150 yuan. If it continues to rise at noon, the short order he currently holds will cost Wanguo Securities at least one billion.
Give up?
For the first time in decades, such an idea appeared in his mind.
But just for a moment, Guan Jinsen shook his head again.
Looking at the computer in front of him, the word "Sichuan" appeared between his eyebrows.
"There is one last way!"
Guan Jinsen's eyes flashed with light, and he looked up at the clock on the wall.
There is still an hour until the market opens at noon.
Guan Jinsen picked up the phone and immediately pressed the number again.
Shanghai Stock Exchange.
Wei Wenyuan received another call from Guan Jinsen.
"General Manager Wei, I really have no choice. You must help me with this!"
When the call was connected, Guan Jinsen begged anxiously.
This godfather of securities, who was so high-spirited just yesterday, now seemed a little groveling in front of Wei Wenyuan.
"Old manager, you and I have known each other for many years. If there is anything I can do to help you, just tell me!"
Wei Wenyuan sighed.
How could he not know the dilemma Guan Jinsen was facing at the moment?
The 327 treasury bonds received good news today, and the bullish alliance has greatly increased its power. The large number of short orders issued by Guan Jinsen not only failed to lower the price of the 327 treasury bonds, but became the last straw that broke the camel's back.
"General Manager Wei, I request that 327 Treasury Bonds be temporarily suspended from trading."
On the phone, Guan Jinsen said with determination.
Upon hearing this, Wei Wenyuan was also shocked.
"In view of the unexpected anomalies that occurred in the 327 Treasury Bond futures contract in this morning's trading, in order to maintain the stability of the financial market and in accordance with the abnormal handling practices in international securities transactions, I request the Shanghai Stock Exchange to suspend the 327 Treasury Bond futures trading now. This is responsible for the market.
, responsible to all investors.”
Before Wei Wenyuan could speak, Guan Jinsen spoke fiercely on the phone.
Request a suspension.
This is the only way Guan Jinsen can think of to stop the loss at present.
As long as the trading of 327 Treasury bonds can be temporarily suspended, he will have enough time to think of a solution.
At present, the only person with this authority is Wei Wenyuan, who is the general manager of the Shanghai Stock Exchange.
In the office, just as Guan Jinsen finished speaking, Wei Wenyuan stood up suddenly without any room for consideration.
"No, I can't do this. The impact of the market suspension is too great. Neither you nor I can bear this responsibility. Furthermore, your reasons are not sufficient at all. The exchange cannot announce a market suspension because of a market rumor, let alone the surrounding markets.
Treasury bond futures trading is still going on, and it is difficult to explain why the Shanghai stock market stopped trading alone."
Wei Wenyuan sighed and spoke out to persuade:
"Old manager, I know your difficulties, but you can't take it for granted. If I really do this, not only will I lose my hat, I'm afraid you will also suffer."
The impact of rashly suspending the market is too great, and it is not something that a mere exchange general manager can bear.
No matter what conditions the other party offered, Wei Wenyuan would not take such a risk for Guan Jinsen.
"Hey, Mr. Guan, are you listening?"
Seeing that there was no movement on the other end of the phone, Wei Wenyuan asked again quickly.
Toot toot…
On the phone, there was a busy tone.
at the same time.
Wanguo Securities, Guan Jinsen's office.
Wei Wenyuan refused to help, and his attitude was very firm. Guan Jinsen already knew that it was impossible, and naturally he would not bother with Wei Wenyuan.
The last life-saving method failed.
Guan Jinsen was already certain that he had no way to recover the losses.
As soon as the good news comes out and the market opens in the afternoon, China Economic Development Bank will definitely lead many parties to enter the market and continue to raise the price of 327 government bonds.
Every dollar that the price of 327 Treasury bonds rises is a huge loss for Guan Jinsen, who holds a large number of short orders.
what to do?
Just give up and let others take advantage of you?
Guan Jinsen kept beating the drum in his heart, his mind was racing with thoughts, and he was frantically trying out every possibility of self-rescue.
At this moment.
Unlike Wanguo Securities, which has reached a dead end, all the long parties headed by China Economic Development Bank are happy.
As soon as the announcement from the Ministry of Finance came out, the reinforcements of the long alliance increased significantly.
There is less than half an hour until the market opens at noon.
Watching the passage of time, Dai Xuemin and Wei Dong both had smiles on their faces as they were about to reap the fruits of victory.
"This morning, including us, the bulls bought a total of three million 327 treasury bonds, taking over all the selling orders from Wanguo Securities. Guan Jinsen no longer has the funds to fight with us."
Dai Xuemin looked at Director Wei in front of him, with a smile on his face that looked like a winner.
Director Wei sat on the sofa nearby and made tea leisurely.
Everything was easier than he imagined. China Economic Group was already strong at the beginning, and with the good news coming, major investors had already switched to the bullish camp.
Although the midday game has not started yet, in Director Wei's view, the outcome has been decided.
"Now Wanguo Securities is like a piece of cake that is about to be served. How much you can eat depends on your ability."
Director Wei picked up the teacup and sniffed it.
Jingle Bell!
At this time, the phone he placed on the table rang.
"Who could be calling?"
Dai Xuemin glanced at Director Wei's phone and looked a little curious.
"Who else can it be? The two brothers named Gao!"
Director Wei smiled and immediately answered the phone.
Guofa Group was originally an ally in the short-selling alliance of Wanguo Securities. To show their loyalty, the Gao brothers had even put out hundreds of thousands of short orders.
However, as a piece of good news from the Ministry of Finance came out, the short sellers were gone, and it was naturally impossible for the Gao brothers to cooperate with Guan Jinsen anymore.
Given the cowardly nature of these two brothers, it is no longer a secret why they called Director Wei at this time.
this moment.
Although Jinsen knew nothing about the betrayal of his allies, he didn't care at all about a mere National Development Group.
Time goes back to after the phone call between Guan Jinsen and Wei Wenyuan ended.
Guan Jinsen immediately held an emergency meeting within Wanguo Securities. In addition to Guan Jinsen, there were also a number of senior executives and heads of departments attending the meeting.
The final result of the meeting was that Teng Wei, general manager of the brokerage headquarters, accompanied Guan Jinsen to "have lunch" at Shanghai Construction Bank.