After listening to Ma Guoliang's words, Chen Dong reviewed the Hang Seng Index curve again.
During this period, thanks to Chen Dong's offshore companies' unwavering support for Hong Kong's economy, they absorbed all the chips thrown out by international hedge funds across the border, resulting in a clear upward trend in the Hang Seng Index.
However, in the last two days, the market seems to have reached a state of saturation. No matter how much offshore companies buy stocks and push up the prices of heavyweight stocks, the Hang Seng Index does not change significantly.
Take the positive feedback from Hong Kong this time, for example. They released so many positive signals on the financial channel, but it was only enough to push the Hang Seng Index up by 80 points.
It's worth noting that when Chen Dong and his team launched their attack on the first day, they raised the Hang Seng Index by more than 500 points.
This means that the higher the Hang Seng Index data goes, the more sluggish the market feedback becomes, or that both bulls and bears need to pay a higher price to make the index move further.
“The problem must lie in the futures market,” Chen Dong said, pointing to the candlestick chart on the screen. “You see, the current futures prices are far below the market price.”
"Futures trading has always relied on the buyer's expectations of the market, and it seems that not all stock investors believe the so-called positive news from the Hong Kong Monetary Authority."
This unusual price point caused considerable concern among several traders. "The futures transaction price is indeed a bit strange."
Wangcai and Ma Guoliang quickly compiled statistics on the prices, transaction volumes, and average daily trading volume of futures transactions over the past month.
"So far, there haven't been any large-scale buy or sell orders in the futures market, so there shouldn't be any problems," Wangcai said, gritting his teeth with some uncertainty.
With doubts in his mind, Chen Dong issued the next action order:
"Make sure you have your reserves ready, we're going to short the September futures market."
These words surprised everyone present.
......
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