The Rebirth of the Financial Hegemon

Magic City.

A temporary emergency meeting was being held in the Wanbang headquarters conference room.

Amid the smoke, Wanbang's core management gathered together, whispering and discussing something from time to time.

Guan never smoked in his life.

But he doesn't mind other people's arrogance, because even he feels anxious now.

After receiving the news from the Ministry of Finance, Guan Pingsheng already knew that this time, he was in big trouble.

The announcement of a subsidy price of 148.5 yuan meant that he had misjudged the general trend, but they continued to add short positions later.

Guan Bingsheng has never figured out why the finances are so tight, so tight that even the most basic expenditures are unsustainable, but he has raised the national debt subsidy to 14%.

This is obviously not in line with fundamentals, nor in the interests of the country, nor in line with the current economic environment.

Increasing subsidies by this amount means that the central bank will spend nearly 2 billion more funds to subsidize customers who buy government bonds.

It makes no sense at all.

This news is very detrimental to Wanbang's large short position.

"Mr. Guan, what should we do?"

As the core figure of the entire team, Guan Pingsheng's face was very calm, even though he was actually very nervous.

However, he knew that if even he panicked, the entire team would be like a piece of scattered sand, and then it would really be a disaster.

"Don't worry too much. Since the announced price is set at 148.5, as long as we maintain this price, the loss this time will be within the tolerance range."

"But, can we maintain it? This news is obviously more beneficial to the bulls. Do you think the bulls will use this to drive us away?"

Wanbang Nuoda is a securities kingdom, and it is naturally full of talents.

Instinctively, many people have smelled a crisis, an invisible crisis.

Guan Pingsheng thought about it carefully.

After considering all the groups in the market that are qualified to participate in this fight, I quickly calculated it again in my mind.

"It should be no problem. No matter what the news is, if you really want to change the market, you still need funds. With our current strength and the Gao brothers, we should have no problem holding on to this line of defense.

There are still two announcements yet to come out, so we don’t have a chance. "

"But…."

"There's nothing more to do. At this point, holding this line of defense is the only way. If we can't hold it..."

Although Guan Shengsheng didn't finish what he said, everyone understood.

If you can't keep it, you will die, and you will die if you can't die anymore.

No one asked why not to close the position and stop the loss first, and no one asked why not to just backhand.

In the eyes of many people, big funds control powerful soldiers. In the battlefield of the financial market, having huge funds means being invincible.

But in fact, there are no absolutes in anything.

It's like fighting a war.

If there is a large enough team, it will be effortless to push down some small groups of stragglers. Those stragglers pointed by Bingfeng are not even qualified to block the car.

However, once you encounter multiple enemies of the same size, this size will become a fatal weakness.

flexibility.

The mobility of a large army can never be compared to the mobility of a small group of skirmishers.

Large funds have big advantages, and small funds also have small advantages. In the same way, small funds have small flaws, and large funds also have big flaws.

Too much capital means insufficient mobility.

With the current position held by Wanbang, not only is there no possibility of backhanding, there is not even a chance to close the position and admit defeat.

Once such a large position is closed, it doesn't take much effort to beat yourself to death.

This is determined by the rules of the game.

Because the rules of futures are hedging trading mode.

Buying a standardized contract is called a long position, and selling a standardized contract is called a short position.

But a long buy requires a corresponding short sell contract, and similarly, selling a contract requires a corresponding long buy.

Short closing means buying back the contract you sold to offset your short position.

With the positions held by Wanbang, if millions of contracts are closed, the price will immediately be driven to a sky-high price.

Doing that is no different from committing suicide.

In this case, who would sell millions of contracts to Wanbang to buy.

No, not one.

Wanbang's short order is already the largest seat on the short side, and no one can take the short order in Wanbang's hands.

Now Wanbang has been forced into a desperate situation. The only way out is to hold on to the last line and control losses within a certain range.

"Okay, the market will start soon. Let's break up the meeting."

Imperial capital.

Huajing opens its headquarters.

Wei Zexi was sitting in the main trading position, playing with a pen.

For him, today was a carnival feast.

With that announcement, Wanbang was already fat with no room for struggle and was just waiting to be digested slowly.

"Has Northeast Trust notified you?"

"We have been notified. I believe that as long as the Gao brothers are not stupid, they will know what to do."

"Well, our own..."

"Don't worry, everyone who needs to be informed has been informed."

"That's good, let us witness this moment together. The future is our world."

"Haha, what Brother Wei said is that the future is our world."

Eight in the morning.

Liaodong, Northeast Trust Development Co., Ltd.

Gao Tianyuan's face was as gloomy as water.

The misjudgment of the Ministry of Finance's final decision caused the company to suffer huge losses. The early short orders had already lost more than 2 billion.

Vice President Gao Tianye, Gao Tianyuan's younger brother, was already panicking.

The loss of more than 2 billion made him terrified just thinking about it.

"Brother, what should we do now?"

"What else can we do? The announcement has come out. There is absolutely no possibility of a fall. According to inertia, the market will definitely continue to rise. You should arrange manpower immediately and close all the short orders in our hands as soon as the market opens."

"But, don't we have an agreement with Wanbang? How about..."

"Confused, when did this happen? If you tell Wanbang, who will we sell our empty orders to? I am a dead Taoist friend but a poor Taoist. I don't care about so much now."

"Then our two billion losses were not in vain?"

Gao Tianye's face was full of reluctance. Even their brothers could not bear such a big loss.

Gao Tianye couldn't help but shudder when he thought of the financial backers behind these funds.

"Why don't we just stop doing it and stop doing it? Let's just back off and forget it. With Wanbang supporting us from the front, maybe we can still earn back the two billion."

"This is the only thing we can do. You go and gather people. We will counterattack as soon as the market opens. Life or death will depend on this."

As the saying goes, if you sharpen your gun in battle, you will lose your happiness.

After a short preliminary practice, Zhao Jiangchuan's temporary trading team barely reached the standard that satisfied him.

At least, there is no problem with placing orders, buying and selling, and closing positions.

Of course, the most important thing is that there is nothing he can do if he is not satisfied.

At Zhao Jiangchuan's request, the improvised teams were assigned numbers.

From one to ten, each person is responsible for two accounts AB.

"Listen carefully, everyone, as soon as the market opens, everyone will immediately close all their positions.

Immediately after closing the position, I used account A to buy 300 long orders at the current price, and then waited for my order. understand? "

For these young people in their twenties, everyone is actually very nervous.

It was their first time to help others trade. The three hundred orders that Zhao Jiangchuan mentioned meant that each of them had to operate six million funds at a time.

This kind of amount is exciting just thinking about it.

Fortunately, all the money belongs to others, so losing or making money is none of their business, so everyone whose number was called answered loudly.

"Understood."

However, when everyone else answered clearly, Zhang Hua, who was sitting next to him, was confused.

Zhang Hua originally thought that Zhao Jiangchuan asked him to organize people to close the position today, so everyone secretly breathed a sigh of relief when they heard that the position was closed.

But who would have thought that Zhao Jiangchuan actually said that after closing the position, he would buy again and forget about buying again, and actually increased the position to 300 lots in a single account.

Isn't this kid crazy?

Even if the Ministry of Finance's announcement is true, the price clearly states that the price after the national debt subsidy is 148.5 yuan.

This price is only one point different from the current price of 323, the main contract for government bonds.

It is obvious that there is little room for the market to move upward.

"Zhao...Brother Zhao, are you still going long? Didn't you read yesterday's announcement?"

Zhang Hua stuttered a little when he spoke.

Each account has 300 contracts, so ten accounts are 3,000 contracts.

This means that every second these accounts add up, the fluctuations are calculated in the millions.

"Boss Zhang, have you forgotten? Money can help the gods!"

Spirituality?

I think it's because I'm talking to your uncle that I'm talking to my nerves.

Zhang Hua couldn't help but complain, but when he opened his mouth to say something, it was already too late.

Because the government bond market is about to open.

Perhaps because the news had been expected and the good news had been gradually digested by the market, the 323 contract opened normally, with bidding at 147.5 yuan, the closing price of the previous trading day.

"Everyone, prepare to close your positions immediately after the market opens. After that, go long 300 contracts at the current price and execute."

The reaction of young people was indeed first-rate. Several young people who had just turned twenty immediately carried out the instructions given by Zhao Jiangchuan as soon as the market opened.

Maybe in normal times, so many buy orders placed in an instant may not be able to be completed, but for some reason, the trading volume of Treasury Bond 323 was unusually large after the market opened.

Mixed into the countless trading volumes, each person's 300-lot purchase order was completed instantly.

"Everyone prepares account B and continues to add 300 long orders to each account at the market price."

Senseless.

Zhang Hua was completely confused.

Add another 300 long orders, for a total of 6,000 long orders.

Isn't this kid really crazy?

The announcements have come out, there must be a lot of support here, and there are still more of them, you must be mentally ill.

However, Zhang Hua did not dare to speak anymore.

At this time, Zhao Jiangchuan's eyes were domineering and sharp, and his arrogant expression was like that of an invincible armored general.

Every time an order is given, there seems to be an aura that makes people have no choice but to obey.

Under the pressure of that aura, Zhang Hua didn't even dare to speak.

What makes Zhang Hua even more unbelievable is that the price of government bonds not only did not fall as he imagined one minute after the opening, but instead rose to 148.5 yuan.

"Everyone, account B, close all positions at the current price, and then buy 400 long orders."

crazy.

Zhang Hua no longer knows whether Zhao Jiangchuan is crazy or he is crazy.

The price has risen to 148.5 yuan, and Zhao Jiangchuan is still adding more.

The young man's performance is reflected in his actions. After receiving Zhao Jiangchuan's instructions, within a few seconds, after closing the 300 long orders in each person's account, he immediately bought 400 more orders. one.

There are a total of 7,000 contracts, which means that Zhao Jiangchuan has used 140 million in funds.

Because treasury bond futures implement a margin T+0 settlement system, you can use profits to continue operations after each position is closed.

The infinitely enlarged capital utilization ratio under leverage is also the greatest charm of the futures market.

It is common sense that a sharp rise must lead to a sharp fall.

When he thought of this, Zhang Hua felt that his heart was about to explode under the terrifying figures.

jump jump jump…

However, what surprised him was that instead of falling, the price of Treasury Bond 323 suddenly rose violently again.

on the big screen.

Suddenly a series of red numbers burst out.

empty flat.

Countless empty flats.

Half a million short positions were closed, and Shengsheng once again raised the national debt 323 by one point.

Zhang Hua was completely dumbfounded.

Even though he has been working in the financial industry for several years, he has never experienced such a crazy market situation, let alone seen the market actually seeing transactions of 500,000 contracts.

Crazy, totally crazy.

Because, from the time Zhao Jiangchuan first issued the order until the national debt 323 rose to 149.5 yuan, it was actually less than two minutes.

Two minutes, two points increase, double profit.

sudden.

Zhang Hua realized that this was war, a war with murderous intent everywhere.

Behind the countless trading volumes and the terrifying profits and losses, there is simply a silent, life-and-death war with no smoke in sight.