Qiwei was quite surprised to hear that the strategy had not changed. He originally wanted to simply express his opinion, but thinking of the affirmative tone that just came from the phone, Qiwei also gave up this idea, ended the call and said
Entered the trading room.
As time went by, the U.S. stock market opened as scheduled.
The stock price of Jingdong Company opened with a gap-down -7.60% flash crash of US$28.923, directly breaking through the core key support point of US$30. The company's today's trend was already predicted during pre-market trading.
After the market opened, the stock price plummeted all the way down, accelerating the plummet and accompanied by a huge amount of money.
Obviously, shareholders are staged a panic flight, which is an absolute victory for shorts and bulls are powerless to resist.
Within five minutes of the opening, more than US$500 million in trading volume was released, while the full-day trading volume on the previous trading day was only about US$334 million.
At that time, Jingdong's stock price had already broken through the 28 US dollar mark during a flash crash, with an intraday drop of more than 10%. If it were in Big A, it would have already hit the limit, but there is no upper or lower limit for U.S. stocks, and the trend fell to 28
The dollar still hasn't stabilized.
At the same time, Qi Wei was watching the night trading of U.S. stocks in a trading room of the company. However, the traders who actually placed the orders were no longer at the Tiansheng Capital headquarters. The funds for external trading were diving funds, and Lao Qi did not directly communicate with the traders.
Contact, and there is a microphone in the middle.
In this case, delay is inevitable and inevitable, especially the delay caused by the information sent back from overseas. But this time when doing the Jingdong plate operation, the delay problem is not harmful, even if the delay exceeds 2 seconds, it will not matter.
It doesn't matter, because the operation is guided by the target price.
Of course, if it is quantitative trading, it will definitely not work. It is very dangerous to do quantitative trading under a delay of 2 seconds. Even a delay of 0.1 seconds can produce a huge price difference.
…
Qi Wei stared at Jingdong's time-sharing market. At this moment, when he saw the stock price crashing to 26 US dollars, he couldn't help but switch to another interface. After a while, he saw the transaction information displayed by his diving agency.
In just one minute, chips with a market value of US$200 million were swept away. When the stock price fell to US$26.5, Tiansheng Capital began to take over because the target price was set here.
However, the selling pressure on the market fell too hard and too urgently, so that the pending orders of US$200 million were quickly eaten, and before there was time to place new buy orders, the stock price had already dropped further.
"Buy another 200 million yuan, and then buy another 200 million yuan after eating, and eat as much as you have!" Qi Wei immediately gave the order.
At this moment, Jingdong's stock price crashed to an integer of $26 and has not reached a new low since then. The biggest drop in the day was -16.93%, and the market value has evaporated by more than $8 billion, equivalent to RMB 56 billion.
This position is not only taken by Tiansheng Capital, but also other short-selling funds are also buying the bottom. When they buy the stock at this time, they also think that the price is already very low, so they quickly buy it and give it to the brokerage to arbitrage the interest rate and leave.
At this time, short-selling institutions are potential longs. When they short stocks, they borrow stocks from brokers and other institutions and sell them at a high price, then buy the stocks at a low price and return them to the brokers. The price difference in the middle is their profit.
The performance reflected in the stock price is that it rebounded quickly after a sharp drop. After hitting the bottom of 26 US dollars, it quickly rebounded to 27.5 US dollars.
Tiansheng Capital has raised US$550 million, and the total trading volume of this stock has also increased to US$1 billion. A large amount of panic funds are fleeing in a stampede.
Regardless of whether it is rising or falling, what the stock market is most afraid of is the occurrence of this irrational situation. If you do it right, you will get rich, but if you do it wrong, you will suffer a huge loss. It can be called the two heavens of ice and fire.
Here, Qi Wei, who is in charge of trading, actually doesn’t have many Tianxiu operations. He just has the ability to make money. In one word, buy!
The target price is set at 26.5 US dollars. If it falls to this price, buy as much as you can. You are not afraid that Jingdong’s stock price will not fall, but you are afraid that the funds inside will not want to sell.
It is worth mentioning that Tiansheng Capital’s Jingdong ticket has two parts, one is the long part and the other is the short part. The short-selling funds have not yet been sold because they have not reached Lu Ming’s target price.
Regarding Jingdong's stock, Lu Ming was bearish as low as $22. In the last life, the lowest price of this stock dropped to $19.21 per share.
Today, Sheng Capital holds a large short position in the company. It is difficult for the price to replicate the US$19.21 in the previous life. The reason is also very simple. When the short position is cashed out, it becomes a long position. The short position of Tiansheng Capital is about to be cashed out. It will definitely
The purpose is to buy stocks from the secondary market and return them to the brokerage. This is of course a period of strong buying funds, and it is naturally difficult for the stock price to drop.
The best example is that it fell to 26 US dollars today and never went down again. Tiansheng Capital set a line at 26.5 US dollars, and all the chips were eaten, which is the so-called strong support.
Lu Ming's position target for Jingdong is 400 million shares, accounting for about 25.77% of the total share capital.
If it is a serious investment, when the holding reaches 5%, you will have to raise a sign. The same is true for the US stock market. However, when Tiansheng Capital makes US stocks today, it always goes into battle with a vest, and it is a quiet entry into the village.
, don’t shoot a gun.
The capital size of a single diving account is the size of a retail investor. If the stock holdings cannot reach the upper limit of holdings, you can run away at any time.
…
The next day.
Lu Ming came to the company early in the morning to work. He didn't watch the US stock market overnight last night, but Jingdong didn't forget about it. When he got to his office, he opened the computer market software and looked at the stock's performance yesterday.
"Not bad, that's okay." Lu Ming looked at yesterday's data and said to himself with satisfaction.
Yesterday, when the U.S. stock market closed, Jingdong’s share price was fixed at $26.3, a drop of -15.97%. The trading volume throughout the day was an unprecedented $3.63 billion. Its turnover set the largest single-day record for the company since its listing on the U.S. stock market.
into scale.
At this moment, Lu Ming heard a knock on the door.
"Please come in!"
Qi Wei walked into the office and said, "Chairman, this is the operation of Jingdong Company yesterday."
After speaking, Lao Qi handed a piece of material he brought to Lu Ming, who immediately opened it and took a rough look at it.
Tiansheng Capital’s diving funds swept away 56.6 million shares during yesterday’s US market trading, which means they bought as much as 1.5 billion, in US dollars!
After reading the material report, Lu Ming nodded with satisfaction, and then joked: "The big melon that Brother Dong threw has saved us a lot of time and cost."
If the price falls to the target price as soon as possible, for the company's short positions, it can be shipped out early to cash out and improve the efficiency of capital utilization. The same is true for the long positions.
And there are free shows to watch, so you will have double the fun.
Qi Wei couldn't help but said: "Chairman, how big an impact will this matter have on Jingdong?"
Lao Qi was still a little unsure, but Lu Ming was the only one who had the courage to do so without any ambiguity.
Last night, the tragic stampede staged by Jingdong stock was still vivid.
Lu Ming said calmly: "There will definitely be an impact, but it is only short-term. The long-term bullish logic will not change. We must believe in Brother Dongzi and Jingdong."