Chapter 1447: Harvesting with Control Panels

Dah Chong Hong 5,000 lots, buy!

Henderson Land 10,000 lots, buy!

Cheung Kong 5,000 lots, buy!

...

In the operations room of Jiuding Securities Company, each trader quickly scoured the market for goods.

Almost no one was rejected!

Other financial institutions under Xia Yu and institutions of Xia Yu's allies are all taking over the market together, shouldering the pressure of short selling.

The price is a huge flow of capital into the accounts of short sellers or other buyers.

500 million Hong Kong dollars!

1 billion Hong Kong dollars!

...

10 billion Hong Kong dollars!

It's only been an hour since the market opened, and the trading volume has already exceeded 10 billion Hong Kong dollars, once again setting a new record for the Hong Kong stock market!

The onlookers at the exchange are dumbfounded by this fierce battle.

Of course, many investors who still held stocks were caught in an intense internal struggle.

Some wanted to take a gamble and hold onto their stocks, betting that the bulls would win, but they were afraid that if the bears won, the stock price would collapse again and they would be stuck with a loss.

Some were relatively cautious and wanted to sell their stocks now, but seeing the violently fluctuating stock price, they couldn't help but be greedy, so they hesitated.

But no matter what.

Facing Xia Yu's strong defence and even some counterattacks, the bears are under increasing pressure.

Once the decisive battle begins, there is no turning back for either side.

All the bears can do is increase short selling, drain the bulls' funds as quickly as possible, and completely destroy market confidence!

...

'Boss, the battle is temporarily at a stalemate. Although the short sellers are selling aggressively, other investors are beginning to sell less.'

In Jiuding Securities, Yuan Tianfan reported the real-time market situation to Xia Yu.

'Where is our capital?'

Xia Yu nodded slightly, but kept his eyes on the monitor. After observing for a while, he asked without looking back.

'Chairman, please wait a moment! Let me see,'

Yuan Tianfan said, quickly taking the real-time statistics from a few subordinates and then reporting the situation to Xia Yu: 'Chairman, since the market opened today, we have cumulatively invested 3.72819 billion Hong Kong dollars, and currently we have 42.8 billion Hong Kong dollars in ammunition.'

Jiuding Securities had cashed out many stocks at high prices in the early stages, returning a large amount of capital. Coupled with the existing liquid capital, Jiuding Securities, as one of the main forces in this battle, had prepared 60 billion Hong Kong dollars in cash.

However, it spent more than 10 billion Hong Kong dollars in just one day last Friday, and is the biggest main force in the market.

However, it still has more than 40 billion Hong Kong dollars in liquid funds in its hands, and is in a strong position.

If this capital is used up, Xia Yu is not panicked, as he still has an even more massive amount of capital backing him up.

However, judging from the current situation, it is difficult for Jiuding Securities to use up all of the more than 40 billion Hong Kong dollars.

After a moment's thought, Xia Yu gave Yuan Tianfan his orders: 'Tianfan, first reduce the intensity of the acquisition, pretend that the capital is unstable, and other companies will cooperate, and strive to let the short positions prevail.'

'In this situation, other investors holding stocks are still hesitant, so we have to make them give up their stocks.'

The Hang Seng Index fell to around 2,000 points, and the stock prices of all companies fell across the board. Xia Yu, of course, wanted to take advantage of this rare opportunity to buy low.

He doesn't need the money anyway, so he can take advantage of this opportunity to reap the benefits of short selling while also taking advantage of some of the less determined investors.

If he buys these stocks at a low price and then sells them later at a high price, won't that be a good deal?

'Understood. I'll make the arrangements right away,'

Yuan Tianfan immediately understood Xia Yu's meaning, and he smiled and replied loudly.

'Go!'

Xia Yu smiled and nodded, watching Yuan Tianfan go and give the order.

'Jianing, immediately notify all the agencies and my allies, and let them temporarily lose the battle.'

After withdrawing his gaze, Xia Yu gave instructions to Huo Jianing, who had accompanied him.

'Yes.'

After Huo Jianing had replied, he took a moment to compose himself, then picked up the encrypted satellite signal mobile phone and notified the relevant personnel according to the list and number book he carried with him.

Very quickly.

As Huo Jianing continued to notify, the momentum of the multiple heads in the field gradually weakened.

Many stocks that had been violently fluctuating saw the duration of their buy orders being interrupted gradually lengthen, the number of sell orders gradually increase, and the stock prices start to fall.

By the time the market closed at noon, the prices of 258 out of the 500-odd stocks had fallen some more, and this number almost accounted for half of the total number of listed companies.

This situation was discovered by many institutions, and they inquired about the news of the bulls.

And when the break was over and the market reopened in the afternoon, the development of the situation affirmed their judgment.

This continued until the afternoon closing.

Of the 258 stocks that had fallen in the morning, all but a dozen rallied back up, while the rest continued to fall.

In addition, a new batch of stocks joined the list of those that had fallen in the afternoon.

In the end, as of the closing bell, the number of stocks that had fallen that day reached 331!

The total trading volume for the day did not reach a new high, but it did exceed 40 billion Hong Kong dollars, the second highest in history, at 40.29 billion Hong Kong dollars!

As expected, the market trend on Monday and the situation of the battle between bulls and bears made the vast majority of investors restless and unable to sleep.

After the bears had secretly discussed the situation, they also unanimously decided to seize the opportunity the next day to give the bulls a hard time and turn the tide in their favour!

So.

After the stock market opened the next day.

the bulls still placed a large number of buy orders, but they were still overwhelmed by the overwhelming sell orders.

One minute after the opening bell, the Hang Seng Index plummeted 32 points.

The bulls seemed to be overwhelmed, and although they quickly placed a large number of buy orders, after five minutes they had not been able to turn the situation around, and were instead being beaten back.

At 10:28 a.m.,

the Hang Seng Index fell below 2,100 points.

At 11:44 a.m., the Hang Seng Index fell below the 2,000-point mark.

When the exchange screen showed the Hang Seng Index falling to the 1 digits, there was a scene of mourning in the exchange.

Many investors, unable to control their emotions, tore up the newspapers they were clutching and threw them on the floor.

Many of the evening newspapers from yesterday evening and the financial newspapers from this morning analysed the bullish situation of yesterday, pointing out that although the bulls were somewhat weak, their strength was still formidable and they would never let the Hang Seng Index fall below the 2,000 mark.

Under the influence of media propaganda, the 2,000 mark of the Hang Seng Index seemed to be the last line of defence that must not be lost.

But they watched helplessly as this line of defence was blown up by the bears.

How could they not be disappointed and exasperated?

And for a quarter of an hour between 11:45 and 12:00, the bulls seemed extremely unwilling to accept defeat, fighting back with all their might and engaging in fierce battles with the bears.

The Hang Seng Index returned above 2,000 three times. But unfortunately, after three times, the bulls seemed to have exhausted their strength and were unable to retake the position.

By the time the market closed at 12:30 a.m., the Hang Seng Index had fallen to 1948.7.

With this figure acting as a backdrop, pessimism grew in the market.

Most investors had completely lost hope.

In the two hours between 12:30 a.m. and 2:30 p.m., they needed to plan for the sell-off after the afternoon opening, trying to sell their stocks at a higher price and cut their losses as much as possible!

And that is exactly what Xia Yu wants.

If all investors are like him, and they don't use leverage, the market makers won't be able to cut their losses.

There are definitely people like him, but Xia Yu hopes that there will be as few of them as possible at this time.

So this afternoon, the market still needs to fall, but the fall needs to be controlled, so that as many stocks as possible can be acquired.

Otherwise, if the fall is too sharp, it is hard to guarantee that there will not be smart investment institutions or investors who choose to take a chance, which will not be conducive to his plan.

Just as Xia Yu was meticulously planning the afternoon's acquisition plan again, some short sellers were already looking forward to the victory celebration that would soon follow...