At that point, it won't be Mitsui Group facing selling pressure from the entire market.
On the contrary, the real concern should be directed at Western capital shorting the island nation's stock market.
Let's not even mention that the number of stock market investors in island nations is in the tens of millions.
In terms of financial resources, the Mitsui Group alone is enough to crush all other hedge funds.
It is worth mentioning that the island nation also has three other conglomerates of comparable strength.
......
Monday, June 25th.
The island nation's stock market opened with a main index of 0.7 points.
Compared to the previous trading day's closing price, the market index opened 56.9 points lower, a drop of -0.17%.
The interior of the large apartment.
Everyone was in front of several computers, staring at the trading screen.
Since establishing the position on June 8, Chen Dong has not given any further instructions.
Every time he was asked whether he wanted to do intraday trading, Chen Dong would stop him.
As it turns out, Chen Dong's decision was absolutely correct.
Over the past ten trading days, although the market has fluctuated, it has generally trended downwards.
Even the most confident trader wouldn't dare say they could do better than Chen Dong with such a market performance.
"Put down what you're doing and come over here."
Upon hearing this, everyone quickly walked to Chen Dong's side.
Look here.
Chen Dong pointed to the daily candlestick chart on the screen and said.
"The 63-antenna is also known as the lifeline."
"At the current rate of decline, it will soon reach the 63-day moving average, which means we must clear out our positions around that point."
At this point, Chen Dong looked at Lu Dachui and the others.
"The 63-day moving average, the index is around [point], buy back all the stocks we shorted."
"Remember this: I allow you to raise prices, but you must ensure that you don't use large orders to buy."
"In addition, after repaying the bonds, we will use the financing amount to collect shares of some heavyweight stocks."
"Yes, boss!"
The group responded and quickly returned to their positions.
The market is falling rapidly, and no one dares to let their guard down.
......
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