People in Hong Kong create super chaebols

Chapter 220 Selling, cutting leeks
"After simulation development that combines historical data with existing stock market change data, I suggest that you, Master, start selling the stocks of listed oil companies in your hands now." Xiao Ai's voice sounded in Su Cheng's mind.

Su Cheng looked at the time on his watch. It was already past eleven in the morning.

He directly called Zhang Qizheng aside and asked, "How are the stocks of the seven oil companies doing now?"

"The growth trend is very good. If we use our purchase principal as a reference number, all stocks have increased by more than 100%. Among them, Schlumberger's increase has exceeded 140%. We have made a lot of money this time!" Zhang Qizheng was all smiles.

Why did it rise so high?

The reason is simple, because the stock market capitalization base is different every day.

For example, Schlumberger's stock was bought in Sioux City for US$26 million on the 4000th. This is a base number.

斯伦贝谢公司的股票在27号涨了30.25%，也就是说苏城的股票价值已经从4000万美金涨到5210万美元，这5210万美元又变成了下一个交易日的基数。

When the market closed on the 28th, Schlumberger's stock rose again by 40.26%. In other words, the market value of Schlumberger's stock in his hands had increased from US$5210 million to US$7307 million.

As of around 31.85 o'clock today, according to the data Sioux City just learned, Schlumberger's growth has reached [-]%.

In other words, if Sioux City can sell according to this increase, US$7307 million has once again become US$9634 million.

Compared to US$4000 million, US$9634 million is an increase of more than 140%.

The same goes for the other six stocks. Although they did not rise as much as Schlumberger's stock, they were not far behind.

"Immediately organize people to sell all the stocks of these seven oil companies!" Su Cheng said directly to Zhang Qizheng.

"Okay, I will arrange new tasks for them immediately." Zhang Qizheng nodded and said.

Although he is relatively optimistic about the subsequent stock prices of these oil companies, he still directly and unconditionally obeys Su City's arrangements without any intention of refuting.

At present, the stock market is still very lively. The stocks of these seven companies have risen so much that many people have lost their way.

Especially those who were the first to buy on the 27th were already very happy.

After all, the stocks in his hands have doubled.

It's only been two days.

Many people believe that the onset of the oil crisis will inevitably cause stocks in other industries to begin to fall into troughs, while the oil industry will definitely continue to rise.

This is why investors have been buying these oil funds like crazy.

Unseen by Sioux City and all investors, many big bankers behind the scenes are preparing to acquire Leeks just like Sioux City.

However, they were not in a hurry, waiting to harvest in the afternoon, planning to let the horses run farther.

Under Zhang Qizheng's arrangement, 14 traders quickly took charge of the original stocks.

As for the stocks of Intel and Namei Entertainment, there is no rush at all and they will be reserved for acquisition later.

"Someone placed an order for $0.8 million in Exxon Mobil stock at a price of 300% and sold it immediately."

"Schlumberger has a big order of 235 million, sell it immediately."

"Amos Company's orders suddenly surged, so I took the opportunity to sell them quickly."

……

The sell-off is faster than expected.

Although the stocks in Su Cheng's hands were worth four to five billion U.S. dollars at this time, compared to the billions of transactions an hour, the stocks with this amount of money were not worth mentioning.

So, after only about 10 minutes, all the stocks were sold off.Before investors and market makers could react, Sioux City's stocks returned to the stock market.
This is due to the fact that the number of buying orders for these stocks in the stock market has always been more than the number of selling orders. In addition, the big bookmakers behind the scenes have not yet finished.

Therefore, Su Cheng successfully made money from him.

Regarding the sell-off in Sioux City, not only the stock investors discovered it, but the bookmakers behind it also noticed this situation.

Hundreds of millions of dollars in stocks are dispersed among seven oil companies. It's not a lot, but it's still prone to anomalies.

This is the trading volume within 10 minutes, and it has an impact on the entire stock market.

After all, I had always sold less and bought more, but suddenly the sales volume increased significantly in 10 minutes, and I naturally felt something was different.

As a result, some investors who were addicted to the skyrocketing prices were immediately awakened, causing them to hesitate or even give up on buying stocks.

And the dealers also know that some people have harvested the leeks in advance before doing it themselves.

Is this still available?

Therefore, the farmers who originally planned to harvest slowly in the afternoon knew that they could not wait any longer.

Suddenly, under the operation of many traders, the number of selling orders for the stocks of various oil companies began to increase.

And some investors who didn't react successfully bought the stock while looking confused.

Some investors who were too quick quickly withdrew their orders.

In just a few minutes, the stocks of seven oil companies began to slowly decline.

This situation caused market makers to sell stocks even faster.

They want to harvest as much as they can before many investors react.

Originally, without Sioux City's operation, they could wait for the stock to rise a little more, and then slowly sell it in the afternoon. Without letting ordinary shareholders find out, they could gradually sell off part of the stock in their hands. With this operation, even if they were selling It will be fine until the market opens next Monday.

However, due to Su Cheng's operation, some investors did not dare to continue buying, and the stock was misfired. What should we do?
A chain reaction has begun.

Although some people still firmly believe that in the oil crisis, if a financial crisis occurs, oil companies will never fall and can even grow in the face of adversity.

However, in the past few days, the stocks of these oil companies have risen too much.

All this has nothing to do with Su City.

At this time, the funds in his hands have been returned. As for how much he has earned, he has to make statistics.

Generally speaking, there is definitely more than 4 million US dollars, but after excluding the principal of 2 million US dollars, it is almost more than [-] million US dollars.

This is much higher than expected.

"Let everyone take a break. I've already asked people to buy lunch. It's still early. After lunch, we will continue to inhale the stocks of Intel and Namei Entertainment in the afternoon." Su Cheng said to Zhang Qizheng.

"Okay, after I make the arrangements, I will give you the specific data immediately, boss." Zhang Qizheng replied with a smile.

This time, Su Cheng got meat, and he also got soup.

Although his commission was nothing compared to Su Cheng's money, Zhang Qizheng was already very satisfied.

Just like this, it is comparable to his salary in one year on Wall Street.

(End of this chapter)