Chapter 385 Some people laughed and then cried.



All you need to do is sign an agreement.

Just as I was about to walk up to his office, I heard, "Oh! Melon seller."

Whether they were selling melons or dumplings, they all expressed a sense of shock and disbelief at the scene.

The upward trend at the open collapsed within a minute.

No one has ever seen such a large-scale banner display before.

It went straight down, dropping fifty points, sixty points, seventy points, without stopping.

The trader was dumbfounded, not knowing what to do, and just stared at the screen.

Xing Baohua came out of his office, but instead of going to the analysis room or the trading room, he stayed in the lobby, watching all the employees quietly looking at the monitor displaying the index.

In a short time, everyone was so shocked that they dared not speak.

The graph displayed on the monitor is a daily chart; it would be even more astonishing if it were broken down into monthly, daily, or even minute charts.

Xing Baohua's last few hundred million yuan was gone within seconds of the market opening, as if it had been devoured in a flash.

Those who took short positions from Xing Baohua were all smiles and very happy when they saw the initial upward trend.

October 19

The United States is facing a new wave of financial disaster.

It has happened several times in history, but never so without warning. It arrived amidst people's joy and without their awareness.

There is also no information available to them to judge their wealth based on their so-called bullish technical analysis.

Two minutes after the market opened, I witnessed what it means to go from laughing to crying.

Some employees at Haina's New York branch panicked after realizing what was happening.

Xing Baohua stood at the door watching their panic.

If you have a mobile phone, quickly take it out and call your stock or fund broker.

Those without mobile phones took out two-way pagers and started sending messages.

Having nothing, they went and grabbed the phone in the office.

Even the young woman waiting in line rushed to Xing Baohua's office and hurriedly said to him, "Boss, can I borrow your phone?"

He made his decision and ran inside without waiting for Xing Baohua's agreement.

The chaos of the scene made everyone forget what Xing Baohua had said at the regular meeting.

'So I can focus on my work and have peace of mind!'

In retrospect, that statement was utter nonsense.

It's completely useless. The employees' savings or wealth are shrinking, which would make anyone anxious. As for work, they can only go to TND (a derogatory term for a place that doesn't offer jobs).

Huang Xingyao walked up to Xing Baohua, his eyes red, and said incoherently, somewhat excitedly, "Boss, it's plummeting. It's plummeting."

"Thank you, I saw it," Xing Baohua said, patting Huang Xingyao on the shoulder.

The company was indeed in a state of utter chaos; I even saw someone smashing their phone or office phone.

In this situation, we can only let them be chaotic for a while. Even if we force them to calm down and work, how many of them can actually work properly?

The only place that isn't in chaos right now is the trading room. The traders there all have their own professional ethics, and at least they don't personally participate in financial transactions.

As for the analysts, they were also making frantic phone calls.

At 9:15, in just 15 minutes, the index dropped by nearly 100 points.

Director Liang and Director Xue, who had been keeping a low profile, were at a loss for words as they looked at the chaotic scene.

Today I think I taught them a lesson.

They mentally calculated the price of Xing Baohua's short position and the current price drop, which amounted to more than ninety points.

It's important to know that Xing Baohua used a leverage ratio of 20.

The two men exchanged a glance, as if asking, "How much money the hell have they made?"

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