"clear!"
"As for the 'Second Legion's' stock..."
Lin Huowang smiled.
"Keep the $50 mark up. Wait for the bank... to come begging us."
...
"$38.00!!"
"$39.00!!"
"$40.00!!"
Within an hour of the market opening, the price was violently driven up to a terrifying high of $40!
Hong Kong Island, Hong Kong Club.
"Thump—"
Swire and Madden, staring at the glaring candlestick chart, collapsed to the ground in utter disarray.
Their pitiful long positions, used for "hedging," didn't even make a ripple in the face of Lin Huowang's massive buy orders, which were like an avalanche.
They... have completely gone bankrupt.
Yes!
In the capital market, it has always been a case of the big fish eating the small fish. With absolute capital and power, it is incredibly easy for the big players to crush speculators with smaller capital.
Those things taught in securities trading books about trends, golden crosses, candlestick charts, etc., are really only good for small retail investors to look at.
The real battle of funds and capital has never been about these technical aspects of candlestick charts.
"Ring ring—!!"
Inside the Hong Kong club, all the private phones of the British-owned tycoons started ringing like crazy at the same time!
On the other end of the phone, I heard the voice of the financing banker:
"Sir Swire? I regret to inform you that your short account... has been liquidated."
"Mr. Madden? Your margin has been completely wiped out, and you've been liquidated..."
Sir Newbikini?
Niu Bijian picked up the phone, his hands trembling.
"...This is the Risk Department of HSBC. Your 'British Short Selling Consortium' joint account was forcibly liquidated three minutes ago."
"Qiang... Ping..."
Before Niu Bijian's eyes, everything was blood red.
"Yes. The liquidation price is $38.50. Your principal... has been completely lost."
"but……"
The voice from the bank paused, then emphasized:
"The forced liquidation... failed."
"……What's the meaning?"
Niu Bijian asked in a terrified voice.
"This means that there are not enough 'sell orders' in the market to absorb your 'buy orders'."
"Your short orders... are still there."
"However, your contract... expires today."
"According to exchange rules, when a contract expires, it must undergo... 'spot delivery'."
"What?!"
Newbijian jumped to his feet. "In stock?!"
"Yes, Sir. You must deliver... at least $2.5 billion worth of... spot silver... before the market closes today to fulfill your obligations."
"otherwise……"
"The bank will represent you in the market... at any cost, to purchase physical goods... to complete the delivery."
"Regardless of...any...cost?"
"Yes, Sir."
The banker's voice was full of sarcasm.
"Oh, right, I just checked the price quote."
"Currently, the only seller with available stock on the market..."
"The price he listed was..."
$50.00 per ounce.
...
$50.00.
Newbikin, Swire, Madden...
All the British-owned tycoons were staring intently at this number.
They made a profit of 25 yuan...
Now... I need to use 50 yuan to buy spot goods to close out my position...
No!
This is the scythe of death!
"No...no...no..."
Newbigen has gone mad.
He grabbed everything on the table—cigars, bottles, reports—and smashed them against the wall!
"damn it!!!"
"How dare he?!"
"He's robbing us!!"
"This is a crime!!"
"This is a massacre of the nobles of our Great British Empire!!"
"James!"
He clung to his last straw, crying out, "Money! Where's our money! Jardine Matheson... how much money does Jardine Matheson still have?!"
James looked ashen as he handed over a document.
"Preschool..."
“All our assets, including Swire and Wheelock, have been frozen by the banks.”
"The bank...the bank is using our assets to...buy...buy 50 yuan worth of spot goods on the market..."
"us……"
James closed his eyes.
"We are completely... bankrupt."
...
Jardine House.
Niu Bijian doesn't know how he got back.
He was distraught, like a walking corpse.
As he stepped out of the elevator and into his familiar penthouse office, a symbol of power...
He saw several strangers dressed in black suits with cold expressions.
Leading the group was Shen Bi's senior assistant, Davis.
“Davis? What…what are you doing here?” Newbijian’s voice was hoarse.
Davis pushed up his glasses and said coldly:
Sir John Newbrick.
He handed over a document.
"HSBC, along with other creditor banks, hereby formally inform you."
"Due to your disastrous investments in silver futures, Jardine Matheson, Swire Group, Wheelock Group... are now severely insolvent."
"According to the investment and financing agreement... the bank... formally took over all the assets of the above-mentioned group and carried out bankruptcy liquidation."
"This place... no longer belongs to you."
"Please... gather your personal belongings and leave within ten minutes."
...It no longer belongs to me...
……leave……
A buzzing sound filled Niu Bijian's ears.
He didn't look at the document.
He slowly, very slowly, walked to the floor-to-ceiling window that he loved most.
He looked out the window.
Outside the window, Victoria Harbour remains as bustling as ever.
And on the other side...
The Landmark Building that he once looked down upon and even personally "gave away".
It was shining with dazzling golden light under the setting sun.
"puff--"
Niu Bijian could no longer hold back, and a mouthful of blood spurted onto the bright French windows.
Blood stained his eyes... the final twilight.
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