Early the next morning, as soon as Wangcai and Ma Guoliang stepped into his office, Chen Dong was already sitting at his desk, surrounded by all sorts of reports.
"5 billion Hong Kong dollars, go long." Chen Dong slowly issued the order to them, "Today's mission is to drag the market up to 7,000 points."
Upon hearing this, Wangcai and Ma Guoliang instantly felt the pressure.
However, the traders in the audience felt an unprecedented thrill after hearing Chen Dong's words.
“5 billion Hong Kong dollars! Doesn’t that mean we can spend 5 billion in a day without using any trading skills, even if we operate with our eyes closed?”
“Where in the stock market is there capital that is hard to spend?” another trader retorted.
Seeing that they were already eager to fight, Chen Dong's eyes lit up and he shouted, "Fight! Comrades!"
As soon as he finished speaking, the entire trading hall was filled with the clatter of keyboards.
They initially focused their investments on HSBC shares. HSBC Holdings accounts for 15% of the total market capitalization of the Hong Kong stock market and is the most responsive and strongest to market fluctuations.
If they want to take a bullish stance and counter international speculators, they must first inflate the prices of Hong Kong's banking and lending institutions.
As expected, after Longteng entered the market, a large number of sell orders in the Hong Kong dollar market were absorbed, and at the same time, they quickly acquired HSBC shares.
"What's going on? Has the Monetary Authority gotten involved?" an international speculator commented.
"Such a large amount of funds is not something that the Hong Kong Monetary Authority, a small entity, can handle."
"Could there be such a powerful financial tycoon hiding in Hong Kong?"
......
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