At the node of 14:10, Tiansheng Holdings originally had 15,000 orders to close funds. From this moment on, a huge amount of buy orders suddenly appeared, all of which were hundreds of hands, and hundreds of hands were added to the orders.
The few hundred lots offered by Tiansheng Holdings represent a capital amount of several hundred million, which is not comparable to the hundreds of lots of other stocks. It is not in the same order of magnitude at all.
Buy orders are stacked up like crazy!
The number of closed orders on the daily limit board of Tiansheng Holdings soon exceeded 20,000 lots, and they were still stacking up rapidly, with 23,000 lots, 23,900 lots, 25,200 lots...
By 14:16, the number of closed orders on the board reached more than 35,000, a full increase of 20,000 closed orders.
In these short five or six minutes, the melon-eating investors who were watching from all walks of life were stunned. The melon they had just picked up from the ground fell to the ground in shock.
With the newly closed orders of 20,000 lots, the capital scale has reached 117.786 billion. Including the previous closed orders, in other words, there are now a total of 206.7 billion funds on the daily limit board of Tiansheng Holdings waiting in line to take orders.
…
In the office of the chairman of Tiansheng Capital Headquarters, Lu Ming happened to be watching the market at the moment. When he saw that his company's market suddenly increased by nearly 100 billion in buying orders, he couldn't help but laugh.
"Are you showing weakness and begging for mercy..." Lu Ming murmured with a smile.
These days, buy orders are placed at this moment. There will be no other funds except short selling funds to close the position. The short side has to admit the loss and stop the loss. How many stocks were borrowed before and sold, now they have to buy back the original amount and return it.
Now that the stock price has reached the limit, it is equivalent to selling it at a low price before and buying it back at a high price now. The price difference is the full net loss, plus transaction costs and interest costs on funds.
The short side can only make profits by doing the reverse.
But the problem is that the current stock price of Tiansheng Holdings has not fallen further, but has reached the limit.
Now that a buy order of 117.7 billion yuan has been issued, the short seller is telling his opponent that I have sold so much goods and I want to buy back 20,000 lots to close the position and stop the loss. I have a showdown. I am wrong. I
It has already exploded, all the principal is gone, please let me owe you a little less, please let me go!
"The amount is 20,000 lots..." Lu Ming immediately tapped a few times on the computer and looked at the securities lending balance of Tiansheng Holdings. There were still 100,000 shares that could be loaned out, that is, 1,000 lots.
In other words, 15,000 lots of short securities were borrowed, and the additional 5,000 lots were borrowed from other places. Needless to say, he must have found other holders through informal channels and reached an agreement to lend them to him.
This is already an illegal operation.
"Can't you withstand just one board? Even if you can't withstand it, you have to withstand it. Don't even think about getting out today!" Lu Ming is now confident that his opponent's game must be leveraged, and it is highly leveraged.
Lu Ming also saw the news about the two suicide cases that occurred at noon. He didn't have much psychological fluctuations about it. He just got a piece of news and that's all. He neither sympathized nor felt pity. This kind of thing happened in his previous life.
I'm used to it.
This is just reality.
Through the existing information, Lu Ming has concluded in his mind that another market will come out tomorrow, and all the short-selling funds will be liquidated. Those who have already liquidated their positions today will lose more than double tomorrow, which means that all the short-selling funds will be liquidated this time.
Short-selling funds will lose about 26 billion in three days.
As for the insiders who led the way and went bankrupt, whether they were avoiding debts or being forced into debts, that was all handled by the institutions that lent them money, and it is everyone else's business.
If it weren't for the fact that Tiansheng Holdings' market was too big and had a huge impact on the entire Big A, it would definitely go to the sky and directly eat up 100 billion of the opponent's 117.7 billion trading funds before giving up. Theoretically, as long as it supports 20 consecutive
With a flat board, only 14.3 billion are left out of the 117.7 billion.
The actual situation is definitely not possible. The Tiansheng Holdings two-panel board is close to the limit. On the one hand, it cannot disrupt the entire market, otherwise the gains will outweigh the losses. On the other hand, it is the securities companies that lent it to them. Those people have gone bankrupt and their ancestors have lost their money.
Even if I sell it all, I can't pay off the debt.
The securities companies that provide them with securities lending opportunities will definitely suffer this kind of loss under normal circumstances, but the actual situation is certainly not like this.
Because it is Team Guo Jia’s funds that are directly competing with the short-seller funds, and the securities firms are all state-owned enterprises. When the time comes, Team Guo Jia will make up for it at the price when the stocks were lent, without making a profit or losing money. Otherwise, the securities firms would never dare to do so.
Lend as much as the other party wants.
They all said hello.
This is also the reason why Lu Ming does not allow his people to go directly to Tiansheng Holdings' handicap to start a game with the short side.
At this time, the securities firms have big money. The Guo Jia team over there is covering the bottom line and guaranteeing no loss, but here it is another agreement to lend the stocks to the short sellers for short selling. The funds of the short sellers are now liquidated and the positions are liquidated. After the positions are closed,
If the principal is returned to zero and there is still money owed to the brokerage, the brokerage will pursue it, and any amount recovered will be 100% absolute profit.
It's one thing not to be able to pay it back, but it's important to owe such a huge debt!
If you owe debt, you have to pay it back!
It is basically impossible to avoid debt collection by securities companies. They are also "professional" in collecting money, not to mention that this is a profit measured in hundreds of millions. The enthusiasm for debt collection must be full, and the debtor must either
Just go to the rooftop, or find a way to get money to pay off the debt!
Therefore, securities companies are also one of the big winners this time. As for how much they can recover, it depends on each major securities company.
…
However, the time on the market at this time has reached 14:19 in the afternoon, when countless investors are staring at the more than 200 billion in order funds on the daily limit of Tiansheng Holdings.
Tiansheng Holdings suddenly began to increase the volume on a large scale, but this was Guo Jia's self-purchasing and self-selling behavior, because he needed to free up funds to protect the market. At this time, the index had already plunged into the green and was about to approach the previous low of the day.
But you can't obviously withdraw the order from the board, otherwise your intention will be exposed. Smart funds in the market are also very keen. Team Guo Jia's protection of the market does not mean that it will take over.
At 14:23, the trading volume of Tiansheng Holdings continued to increase. The funds withdrawn through a large number of changes of hands turned into the large financial concept sector. Funds from all walks of the market saw that the two major sectors of banks and securities firms picked up in late trading.
Especially the brokerage sector.
At this time, all the stocks of the brokerage firms that had dropped to the limit were trying to break the market, and the time-sharing line quickly pulled up. Seeing this scene in the late trading, countless stockholders were so angry that they shut up in place, and everyone was scolding the brokerage firms.
"It's chaos. The whole big A has turned into a mess. The demons are dancing wildly. Xia Ji is down, Xia Ji is up!"
"I laughed. A sneak attack at the end of the trading day. It's really like if I don't cut off the meat, you won't rise. If I cut off the meat, your rise will skyrocket!"
"I will never touch securities stocks again in this life!"
"It's noon on the day of hoeing, it's not as painful as trading; I stare at the K-line chart, but I have no clue. When I add a position, it goes down, and I cry all morning; when I cut it, it goes up, and I cry all afternoon... It's a trade in vain."
"Hahaha, a poet who was delayed by stock trading."
"The last word is that Guo Jia's team entered the market to buy the bottom, follow it!"
"Follow me, in the early trading, I don't know what the turtle grandson said about Guo Jia's team giving out red envelopes. His analysis was clear and logical. I'm stupid too. When I heard it, I thought it made sense, so I started to work on the three-layer warehouse. As a result, within a day
It’s free, now I’m losing 14 points.”
"Uh uh...[cover face][cover face][cover face]"
"If you hesitate, you will be defeated. If you are decisive, you will be in vain. It's too difficult!"
“Junk brokerage!”
"The price of Y Xian Y death..."
Amid the scoldings of stock investors, the securities firms continued to rise in the late trading, but stock investors did not dare to pursue it. The lessons learned from the past were still there, and they were afraid that if they caught up in the end, they would not be able to blow the hammer.
Then it surged. A large number of brokerage stocks that had dropped to the limit rose by six or seven points, and three stocks that had dropped to the limit even turned red.
Just ask if you are angry?
The group of stock investors who were cutting the meat were very angry...
As the big financial concept picked up in the afternoon and rose strongly, the stock price continued to rise all the way north, and the index was also driven up.
At this time, the news also sent an intriguing assist. At the end of the trading day, it was suddenly reported that the trade negotiations were proceeding normally. Affected by this news, the technology sector picked up in the late trading, and the market index further accelerated its rise.
At around 14:43, the Shanghai Stock Index continued to rebound from -0.49% underwater, and the increase expanded to +0.88%. While all stocks in the securities sector, although there was no violent rise and limit-limiting trend like in the early trading, they all closed in the red.
The general increase exceeded 2 points.
Stockholders: Today’s market trend is so fast that it makes people angry!
