"No wonder it has such power; Dragon Scale's background is no simple matter..."
"I say...aren't you guys being too optimistic? Dragon Scale is indeed powerful, but don't forget who our opponent is this time."
"Yes, yes, yes, the opponent who entered the market to short Hong Kong stocks this time is no ordinary opponent. Relatively speaking, Dragon Scale is still a bit inexperienced."
......
....................................
Seeing the increasingly heated discussion below, Zeng Bingquan clapped his hands helplessly:
"Please keep quiet, everyone. Let's look at another set of data first."
What?
Does Dragonscale Fund have a backup plan?
The discussion abruptly stopped.
"According to the latest data from the trading center, in addition to purchasing stocks using its own accounts and the 23 companies it controls, Longlin Fund also did something else at the same time."
Zeng Bingquan instructed his secretary to turn the pages on the large screen:
"Please look at the screen, everyone. This is the stock index futures account newly established by Longlin Fund."
"HKD 100 billion, leveraged 5 times, to buy the stock index, with a target price!"
What? Buying long? And then?
This is insane! This is insane!
Dragonscale Fund has completely gone mad!!!
How dare they buy multiple stock index futures?
Invest 100 billion? And leverage it 5 times?
Everyone in the conference room, including Chief Executive Fok Kim-ming, was completely stunned.
Dragonscale Fund's move was incredibly audacious.
It's important to understand that going against the trend and buying during a stock market crash is essentially suicidal.
Not to mention that it used 5 times leverage.
As long as the opponent continues to suppress the stock market, every point the stock index falls will result in incalculable losses for Longlin.
There are 645 listed companies in the Hong Kong stock market, with a total market capitalization of trillions of dollars. Do you really think that just one fund like Longlin can drive up the stock prices across the board?
That's incredibly naive and overconfident!
"Director, look! The stock index is starting to rise!"
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