Global stock prices fell, and the prices of various commodities followed suit.
The government and relevant departments are indeed actively working to rescue the market, and a certain tycoon is planning to spend a huge sum of money to do so.
In short, there seems to be a lot of positive news.
Everyone is looking forward to the opening on the 26th.
The employees of Jiaren Capital, including Xiang San, certainly didn't want things to turn out this way.
However, the government cannot simply watch Hong Kong's economy collapse.
Proactive measures are inevitable.
However, if you close your position when the market opens, you can still make a profit.
The exchange on October 26th is sure to attract widespread attention.
Today, Song Yan and Xu Guangyao met again.
Although Xu Guangyao was not exactly despondent, when he saw Song Yan, he had for the first time the thought that he should not have touched Jiaren Group.
The stock exchange opens.
This completely exceeded the expectations of the majority of stock market investors.
Those seemingly sophisticated market rescue measures had absolutely no effect.
Just over 10 minutes after it started, the Hang Seng Index plummeted by several hundred points!
Xu Guangyao was deathly pale.
The selling pressure that had been building up for four days finally erupted today.
Close the position?
It's not a question of whether he wants to or not, it's that he doesn't have the opportunity.
For investors who are bullish, now is the time to buy high and sell low.
The price difference is the amount they have to lose.
But the entire stock market is dominated by sellers; there's simply no one willing to buy.
Aihui Group's stock started at 19.4 yuan and has now fallen to 17.1 yuan.
It fell by 2.3 yuan.
This is terrifying.
Xu Guangyao has already lost tens of millions of yuan.
As for Song Yan, the 6 million shares of Aihui Group that he sold on the 19th have now fallen by 5.5 yuan per share.
This is the profit of 33 million.
There are also 19 million shares in other companies, resulting in profits...
In addition to what came before...
Having studied finance for so many years, Ji Chunyang had already calculated these accounts clearly in her mind.
All the stocks that were shorted over the past few days have made a profit.
It's already over 100 million.
Song Yan was well aware of how much he had earned.
Jiaren Capital's funds mainly come from Jiaren Group, Liyuan Garment Co., Ltd., Anshun Food Co., Ltd., and the funds raised by their major shareholders.
The help from relatives and friends only accounts for a very small part.
Song Yan accounted for the largest proportion of the group and company's fundraising, and her personal investment also accounted for a portion, so she also received the largest share of the profits.
Therefore, it is estimated that she will take half of the 100 million profit.
Next is Chang Xiaohu.
That's not all; Song Yan will continue to wait.
Things will change before tomorrow afternoon.
Today is even darker.
Some people will be forced to liquidate their positions.
Because they don't have the money to add margin.
Xu Guangyao's money also included his wife's.
Not only did he lose all his savings from the past years, but his wife also lost her private savings.
That's not all; he also has to face the wrath of all the group's shareholders.
Those who were on good terms with him were now suffering heavy losses and were filled with rage towards him.
Isn't this a case of everyone in the company being angry?
Aihui Group's stock price has plummeted, and fallen very quickly.
Jiaren Capital was all smiles.
By the close of trading, Jiaren Capital's profits reached 200 million.
The company's employees usually follow the company's operational direction.
So now their assets have doubled.
Jiaren Capital has made huge profits from its aggressive short selling.
Reporters naturally flocked to the scene.
But those bodyguards weren't going to be jealous.
Song Yan and the others were naturally able to leave smoothly.
On October 27, the bank cut interest rates again.
Furthermore, the government allows its own companies to buy back their own shares.
Taking Aihui Group as an example, its stock price was initially 14.9 yuan.
It closed at 13.2 yuan.
It dropped by 1.7 yuan.
This is much better than the previous drop of 5.5%.
Jiaren Capital has earned a total of 140 million yuan from Aihui Group so far.
With the addition of other companies, Jiaren Capital is expected to reach 300 million.
Song Yan did not choose to close his position.
Because we are far from reaching the lowest point.
At the same time, Song Yan will not continue to do so, as she does not want to be branded as someone who maliciously shorts stocks.
Furthermore, the People's Bank of China will not stand idly by.
Hong Kong's financial market is complex and also has a lot of capital from the mainland.
They will also be affected by this disaster, and suffer heavy losses.
If Song Yan continues like this, he will become too conspicuous.
Although my own strength is nothing in this great upheaval.
However, there are some things you shouldn't do, even if it's just a little bit.
No one expected that they would be able to trap Xu Guangyao; this was already a huge gain.
It's hard to control your greed.
But Song Yan must persevere in things that are difficult to maintain.
What does it mean to earn an extra 100 million?
With just a word from Song Yan, he could easily earn an extra 100 million, or even several hundred million more.
Song Yan can take out a huge amount of grain from his spatial storage.
However, she stopped when Jiaren Group was able to turn things around.
And in the end, this money will definitely be donated.
This is also a way to curb greed.
I did it on my first try.
You must do it the second time too.
Huaguo Bank indeed intervened to rescue the market.
The obvious downward trend in the stock market has slowed.
But it still fell.
By October 31, taking Aihui Group as an example, its stock price had fallen to 9.9 yuan.
Xu Guangyao called, but Song Yan refused to answer.
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