Qiu Guangcheng was stunned for a moment when he heard Fang Hong's words, and subconsciously said: "Go in?"
Fang Hong here said directly to him: "The opponent has mobilized so much funds to hunt our Qunxing Capital this time. How could it be possible that they didn't find financial institutions to get a huge amount of funds? If they lose miserably, those financial institutions will have to
If it is affected and dragged down, it is inevitable that some financial institutions will be devastated."
As soon as these words came out, Qiu Guangcheng reacted instantly and said in his heart that the big boss is really calm. At this time, he was not excited at all, but he could still be so calm, and he could only take one step at a time.
Everyone has thought about the subsequent impact of this incident and found new opportunities to make money from it.
Yes, if Wall Street's hunting funds did not harvest Qunxing Capital but were cut off badly, some financial institutions would definitely explode on the spot.
Because such a huge mobilization of funds will inevitably lead to borrowing of funds, those financial institutions that cannot repay their debts will also be dragged down. These bad debts are not as simple as a few hundred million.
Under such circumstances, the stock price will inevitably collapse in a situation of emotional collapse.
At this time, Fang Hong added another exhortation: "The main purpose of this operation is to hit it quickly in and out quickly, and run short-term."
Qiu Guangcheng nodded in response: "I understand."
There are so many financial institutions, and Fang Hong doesn't know which financial institutions the major Wall Street hunting funds are cooperating with, but it doesn't matter, he can just bet on them all, and there is no need to know which one they are.
Because once you lose miserably and your emotions collapse, all financial stocks will inevitably be dragged down. This has already guaranteed that this one will make money. If you are lucky and you just hit the bet, you will make a profit.
Either way, you make money, it just depends on whether you make more or less.
And it can only be done in the short term, because the opponent is not a fool, and will definitely react later. If you want to make this money, you have to react faster than the opponent.
At this moment, Fang Hong suddenly changed his mind and said: "Wait a minute, the funds of Stars Capital will not do this. Let's leave it to Chen Yu's capital bank. Stars Capital will do it, and the opponent's bank may be rejected."
The Europeans and Americans have strong expectations of debt repayment, so Chen Yu's capital allocation is not used by quantitative capital's self-operated funds, but by Wall Street's $200 billion managed capital allocation.
As a result, for several major Wall Street capital groups, if they default on their debts, someone will make a lot of money, but if they default on their debts, they will lose a lot of profits. There is a high probability that there will be internal disagreements. Another purpose of this move is
Create differences and conflicts within it.
Fang Hong ended the conversation with Qiu Guangcheng, and immediately contacted Chen Yu to tell him about the matter.
At this time, Chen Yu was also watching the peripheral markets of the night market in the company. During this period, he did not engage in technology, but focused all his energy on finance. After receiving the news, he immediately directed his traders
Be short-selling European and American financial stocks.
The short-selling targets include but are not limited to Pacific Western Bank, Western Union Bank, Zion Bank Group, Allianz Bank, etc., and they are also bold and short positions with large orders without any scruples.
At this moment, most domestic investors have gone to bed in the middle of the night, but the external markets have already exploded.
All major capital markets and major products are exploding inexplicably, plummeting almost without warning.
Brent crude oil futures prices plummeted by more than -13% within the day, silver plummeted by more than -14%, copper plummeted by -13%, soybeans plummeted by -15%, and the international gold price also rarely exploded by -7% within the day...
Foreign investors from all walks of life were in a state of confusion, not knowing what was happening, but seeing the market going crazy, panic spread rapidly, and more and more funds fled along with them, further driving the market down.
Stocks, futures, warrants and other financial derivatives all fell sharply.
Some stocks in the U.S. stock market have even crashed directly. Among them, several bank stocks invested by Qunxing Capital, Silicon Valley Bank, and First Republic Bank triggered the circuit breaker mechanism multiple times during the session, and the stocks fell all the way to -85% and -85% respectively.
-89%, such an intraday drop is really shocking.
The opponent's deal was obtained by Lu Chengye, and the so-called internal intelligence data provided by Wei Qiwei showed that Stars Capital's strategy for these banks was to go long, but in fact Stars Capital was short-selling, and it was a huge loss this time.
In addition, some stocks corresponding to other false information are now in a state of explosive growth, with an average decline of more than -22%.
As time went by, when the U.S. stock market was nearing the end of local trading in North America, the three major North American indexes fell by more than -7%, triggering the first-level circuit breaker mechanism and directly creating history.
At the final close, the three major North American stock indexes plummeted across the board, with the Dow Jones Index plunging -7.32%, the Nasdaq Index plunging -7.19%, and the S&P 500 Index plunging -7.12%.
The three major stock indexes in North America all closed with a large negative line. The most intuitive manifestation is that the market has closed before the decline has been completed, and the decline will continue that day.
Qiu Guangcheng, who was watching the market at the moment, also had his eyes opened. It was the first time in his career that he saw such a big scene. The circuit breaker mechanism for the US stock market was implemented in 1988. The cause was the stock market crash that occurred on October 19, 1987.
According to the regulations of the US stock circuit breaker mechanism, during the North American trading period, the circuit breaker mechanism can be divided into three levels, that is, when the market decline reaches -7%, -13% and -20%, the first, second and third level circuit breakers will be punished respectively.
However, after the circuit breaker mechanism was implemented, the first circuit breaker in the history of the U.S. stock market did not occur until October 27, 1997. On that day, the Dow Jones Index plummeted -7.18%, closing at 7161.15 points, the largest decline since 1915.
Today directly triggered the second circuit breaker event in the history of the US stock market. The panic index in the global capital market has exploded. It also made the world's headlines after the market closed, and media from various countries were competing to report on it.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content! Everyone is confused. Some traders interviewed by the media also said that today's drop was too weird and they still don't understand the reason for the drop.
what is the reason.
Now all parties are looking for the reasons for the plunge, including economic data, geopolitics and many other aspects to analyze.
But we still haven't found the reason for the decline. Everyone firmly believes in the truth that there must be a ghost when there is evil. Something big must have happened, a "black swan" level event has definitely happened.
Today is also regarded as "Black Monday" by the media, and the headlines on the front pages of all major media are news of the plummeting global capital markets.
…
The next day, Tuesday, September 16th.
At around 7 o'clock in the morning, Fang Hong arrived at the headquarters of Stars Capital. He was in a meeting at the moment. He was sitting at the head of the meeting without saying a word. The people present at the meeting were Hua Yu, Qiu Guangcheng, Shi Yao, Tian Jiayi and others.
In addition, Lu Chengye was also present, as was Chen Yu, who was in charge of quantitative capital.
At this moment, Lu Chengye carefully observed everyone in the conference room, paying special attention to Fang Hong's mood swings. The atmosphere was very strange. Everyone seemed to be too nervous to breathe. Everyone's face was extremely solemn, and the room was as quiet as
You can hear the needle drop.
Lu Chengye looked at the situation. This time Qunxing Capital was hunted down by Wall Street and it was probably going to go bankrupt because of this failure. He was also thinking in his mind that he should run away. Otherwise, it would be really dangerous. He pointed out that he should run away.
Maybe I won't be able to escape, and then I'll be gone.
At this time, everyone present was standing, but Fang Hong was sitting. He finally broke the quiet atmosphere in the conference room and said slowly: "How much did you lose? Don't give me the specific number, just tell me