The penniless son of the penniless ...

Chapter 195: Stealing the Chicken Successfully (Additional Update)
When the market closed at noon, the staff of the stock exchange excitedly discussed with their colleagues that the stock price of that company had risen by 3% or 5% in the morning. Some brave young stock traders even said frankly that they could earn more than yuan today with the money they invested in the past two days, which was more than what they earned every day at work!

Other colleagues looked at him with envy, and some expressed some concerns about such behavior. Before the financial crisis last year, many of them had opened accounts for themselves after work, invested in stocks, and made some extra money. In just half a month or a month, they could get a generous return of tens of thousands or even hundreds of thousands of Hong Kong dollars through the stock market.

But last year, the financial crisis broke out suddenly, and the entire Hang Seng Index collapsed almost overnight. They had no time to withdraw the capital they had invested in the stock market. Not only did they lose all the money they had transferred to the stock market, but they also lost most of their capital.

Moreover, at the beginning of this year, those international speculators made a comeback, and the Hang Seng Index in Hong Kong continued to fluctuate for many days. Under such circumstances, how could they dare to be greedy and reckless? They just hoped that the money they lost before could rise again!
……

In the afternoon, not long after the market opened, a number of listed companies' stocks that had been rising well suddenly began to fall collectively, with the extent of the decline even exceeding the slight increase in the morning.

Seeing this extremely abnormal scene, many staff members of the stock exchange looked panicked, especially those who had just entered the market two days ago hoping to take advantage of the situation and reap the dividends. At this moment, they were in tears. The stocks that had originally risen slightly turned into small declines and big drops in just a dozen minutes!

By the time they realized what was happening and wanted to cut their losses, they discovered that the little money in their accounts had already suffered heavy losses. Not only had they lost all the profits they had transferred previously, but their principal had also been reduced to a certain extent!
……

Many well-informed and well-connected senior executives of stock exchanges and large retail stock traders hurriedly asked others for information, eager to know the reason for the sudden stock crash.

Half an hour later, a piece of news spread in the stock exchange!
It turned out that just before 10 o'clock in the morning, a large number of orders to short the Hang Seng Index suddenly emerged in the stock market. Although the amount of each short sale was not large, the number of short orders was extremely large. Within almost half an hour, more than million US dollars of short selling funds poured into the market!

This extremely sudden situation soon attracted the attention of those international speculators who had been waiting and watching. After hesitating for a while, they immediately launched a new round of short selling, intending to take advantage of Hong Kong's unpreparedness, launch a beautiful "blitzkrieg" and seize the opportunity to make a lot of money!
As a result, a sudden short-selling wave occurred so suddenly, and the persons in charge of those listed companies were the first to receive this abnormal reaction. After experiencing two financial sniper wars, they were like frightened birds, and had no time to think about it. They made a decision at the first time and hurriedly ordered their subordinates to sell off their own company stocks that had risen with great difficulty, trying to cut their own losses before those international speculators shorted their own companies, so as to recover funds to deal with the subsequent "tug of war"!
However, it was because of the reaction of the heads of listed companies that the stock market began to decline. When the international speculators saw that Hong Kong was in disarray, they realized that the opportunity had finally arrived and put all their efforts into attacking Hong Kong's already unstable stock market.

By 4 p.m., the Hang Seng Index was completely defeated in this sudden small-scale "financial sniper war", falling by more than 130 points. Investors who suffered heavy losses recalled the "dark days" a few months ago when they were frantically shorted by international speculators.

Of course, some financial experts and financial management departments who pay attention to the stock market have noticed today's abnormal behavior. Although many foreign financial institutions are quite active and frantically "making waves" in the stock market, the scale and impact are completely different from the beginning of the year and October last year! Compared with the three, this short-selling action is more like a test, not like an all-out, determined battle to the death with them. However, this situation also makes the financial management departments in Hong Kong quite embarrassed. If they want to take action to drive them away, the other party is just a small test, but what if they don't take action? These listed companies are already in a state of panic, and they dare not confront these international speculators head-on!

In the end, the Hong Kong government decided to wait and see how the situation develops. If the situation continues to deteriorate to the point where it is difficult to recover, they will intervene in person and use non-market means to drive away all those "greedy" guys!

……

Gaoli Gaosheng Group Branch, General Manager’s Office.

When Leon John heard the latest news from Hong Kong, he could no longer hide the smile on his face and burst into laughter. The action he and Zhang Junfeng had conspired to short the Hang Seng Index was a "first victory"!

Under the stimulation of their continuous short-selling contracts, many international speculators could not help but choose to follow suit, which directly made them tens of millions of dollars in short-selling profits! If this situation could continue for another day or two, their short-selling profits would definitely exceed hundreds of millions of dollars. Don’t make this money too easily!

A few minutes later, when Leon John was about to call Zhang Junfeng to tell him the good news, the phone in the office suddenly rang.

After hesitating for a few seconds, Leon John chose to answer the phone. Hearing the call from his old boss, Mato Walsh, a meaningful smile appeared on Leon John's face.

"John, was it you or Zhang Junfeng who came up with this action of shorting the Hong Kong Hang Seng Index? Why didn't you inform me? If my subordinates hadn't reported it to me, I wouldn't have known that you two were behind this!"

Matto Walsh's tone on the phone was somewhat unhappy. He was quite dissatisfied with Zhang Junfeng and Leon John's "unauthorized actions". They were obviously in the same camp, but these two guys left him, the "big brother". What did they mean? Could it be that they felt that they were too powerful and wanted to kick him out? !
Just saw the backstage message, thank you for the reward from Brother Mi Chong~
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(End of this chapter)