The next day, January 25th, Chen Ze and his two companions made another $150 million using the same method.
On January 26th, the company made a profit of $250 million.
On January 27th, Chen Ze decided to make a big move. Since he was going to short US stocks that day, he directly instructed Zhang Guoheng and Shen Xiyu to double the amount of fake sell orders.
Zhang Guoheng asked with some concern, "Old Chen, isn't it a bad idea to go this far? If this continues, I'm afraid it will cause the Dow Jones Industrial Average to fall."
Shen Xiyu also chimed in, "Guoheng is right. Boss, wouldn't it be better if we just quietly made money like yesterday?"
Hearing their advice, Chen Ze hesitated for a moment. Suddenly, he remembered the various sanctions imposed by the United States on Chinese companies in the future, the ban on the sale of chips, and the huge tariffs imposed on Chinese goods.
A fierce glint flashed in Chen Ze's eyes, but his expression immediately hardened: "Do as I say."
He thought to himself: You've been suppressing Chinese companies, and now you're just getting some interest in advance.
Seeing Chen Ze's determination, Zhang Guoheng and Shen Xiyu stopped trying to dissuade him.
As the three of them frequently and repeatedly traded, the US stock market plummeted by 410 points, and they made more than 40 million US dollars in one fell swoop.
However, they showed no sign of stopping and continued to place more short sell orders. Just ten minutes later, the US stock market plummeted by seven percent.
Their actions terrified other capitalists, causing the stock to plummet and resulting in significant losses for their financial companies.
So they also sold off their stocks, trying to cut their losses in time. Although this wave made these financial tycoons earn much less, it was still better than losing money.
In a manor somewhere in the United States, Soros cursed, "Fuck! Fuck! Which company is behind this? They made me lose seven hundred million dollars!"
The blonde woman next to him whispered, "Could it be those European vampires who did it?"
Soros nodded: "Possibly. Besides us, only those bastards would use quantitative trading programs."
Just after Soros ordered the sale of his stocks, a quantitative trading program in a European studio triggered a forced stop-loss.
A red-haired white man narrowed his eyes upon seeing this and immediately ordered, "Quickly, sell all long positions and then use all the funds to short sell."
As soon as he finished speaking, several traders started furiously typing on their keyboards.
Immediately afterwards, due to the collective selling of large amounts of stock by the three parties, all stocks in the United States began to plummet, and a glaring red light appeared on the global stock market screens.
The stock market plummeted from a 7% drop to a staggering 15%, causing an uproar in the trading hall. Everyone in the hall was completely bewildered, unable to understand why the stock market had suddenly crashed.
At this point, the Dow Jones Industrial Average on the screen had fallen below the critical 10,000-point mark.
Stock market monitors were thrown into a panic, after all, the market had plummeted by 15 percent, a situation they hadn't encountered in over a decade.
The market crash caused US stocks to lose $1.2 trillion in an instant.
Many stock market investors clutched their hands and wept bitterly, and the exchange hall was filled with wails.
As if it were the end of the world, people lost interest in life, and their emotions collapsed in an instant.
It was 2:10 PM.
In Reading, a small town in London, Chen Ze ordered, "Quickly! Sell all the short positions you have."
Without the slightest hesitation, Zhang Guoheng and Shen Xiyu clicked the mouse to start the program and then clicked the one-click sell button.
With the program expedited, they successfully completed the transaction in just one hour, and Chen Ze made another $580 million from this deal.
The total profit over three days was $1.58 billion. After deducting 8% commission, the net profit was $1 billion.
Meanwhile, their previous investments in gold and US stocks also resulted in a loss of $120 million.
At 3:20:53 PM, the US stock market triggered a circuit breaker, forcing investors and quantitative traders around the world to stop. Five minutes later, all trading resumed.
At this moment, the US stock market miraculously rebounded rapidly from the bottom, and the exchange's big screen showed a green light. When investors saw this, they were completely dumbfounded.
A Black man raised his hands and shouted, "Who can tell me what's going on here?"
However, no one answered his question.
At this moment, the exchange regulators were even more confused: Who am I? Where am I?
Several minutes passed before they snapped out of their collective daze, and then the computer data in front of them started running at high speed.
This is a side effect of the extensive use of high-frequency quantitative trading; the Dow Jones Industrial Average rose by nine percent in twenty minutes.
Although the stock market has recovered, the impact of this sudden plunge has been far-reaching.
After the stock market closed, the United States stock regulator held an emergency financial meeting, attended by all senior officials of the regulator.
The top leader, Perek, sat in the main seat and began, "I suspect that a group of people are behind this sudden and sudden stock market crash. Who gave them the audacity to openly short the United States?"
Executive Kelly shrugged and complained, "Dear Perek, most of us still don't know what caused the stock market to plummet so suddenly. The daily trading volume of the US stock market is enormous, so it will probably be difficult to find out the cause in a short period of time."
Perek said resolutely, "No matter how difficult it is, you must investigate. Take your men and go to the FBI and ask them to cooperate with your work."
"Okay, esteemed leader, I'll go shortly."
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