Chapter 792 Level 2 Meltdown
·
Ku Ku Mao
"The opponent is strong."
Zhuge Waner looked at the computer screen and said seriously:
"Companies like Hongxing Real Estate, which are supported by the real economy and high-quality projects, have been driven down to this level by their opponents using a series of means."
"Except for those stock market crashes that swept the world, I have never seen the price of a popular blue-chip stock fall so fast. In a total of 5 minutes, the primary market circuit breaker was triggered."
"Fuse" is actually a protection mechanism. We can also feel it from this word. When we use electricity, if it is overloaded or there is a line failure, the fuse will be blown, and then the power will be cut off. When we reduce the load or After the fault was identified and the fuse was connected, the power returned to normal.
In the stock market, when there is a sudden systemic risk of falling, causing the index to fall excessively in the short term, the exchange will suspend stock market trading to allow investors to calm down, thereby playing a certain market protection role.
Generally, trading will be suspended for a period of time, and then trading will continue. If trading continues to fall sharply after resumption, and the circuit breaker condition is triggered again, trading will be suspended again until the close of the day.
Originally, Hong Kong stocks did not have a circuit breaker mechanism for individual stocks.
However, due to a series of butterfly effects caused by Chen Mo's rebirth, Hong Kong stocks now have a circuit breaker mechanism and a rising ceiling mechanism for individual stocks.
For Hong Kong stocks in this life, the market fell by 15%, triggering a circuit breaker in the primary market; the market fell by 30%, triggering a circuit breaker in the secondary market; the market fell by 50%, triggering a circuit breaker in the tertiary market.
The circuit breaker mechanism at each level is different. When the first and second level circuit breaker is triggered, trading will be suspended for 15 minutes. When the third level circuit breaker is triggered, trading will be stopped for the whole day.
Chen Mo sighed: "Yes, the primary market circuit breaker started in a few minutes. It can be said that this is more terrifying than the last stock market crash!"
"But it's better this way. If it falls below, I can buy the bottom."
Zhuge Wan'er smiled and said: "They chose to sell short this time like a smashing of the market. I'm afraid they will lose all their pants!"
Chen Mo said: "How about it? Do you want to consider buying some Hongxing shares?"
Zhuge Wan'er rolled her eyes at Chen Mo: "You don't have to pay?"
"No, after I successfully privatize it, I will give you 20%." Chen Mo said with a smile.
"Give me 20% of Hongxing's stock, and take a step closer to win over the Zhuge family, so that you can have a king to back you."
Zhuge Wan'er hit the crotch of the doll in her hand fiercely, gritted her teeth and said: "Chen Mo, put away your 1 evil intentions and don't plot against me!"
Chen Mo smiled awkwardly and said, "Sometimes the little girl is too smart and can't get married."
"If I can't get married, I will rely on your family! I will get under the same bed with your wife, occupy your wife, and make you a living widow!" Zhuge Wan'er stuck out her tongue.
And right now.
The 15-minute trading suspension caused by the level [-] circuit breaker has been lifted.
Hongxing Real Estate’s stocks are on the shelves again and can be freely traded.
The effect of the circuit breaker is still good. Many investors have calmed down and the rate of decline has slowed down visibly to the naked eye.
"The other party will definitely continue to sell short and destroy the market. When do you plan to take action?" Zhuge Waner asked.
"Let's wait until the level [-] fuse is almost blown." Chen Mo said.
Once the level three circuit breaker is triggered, trading in the stock will be suspended.
Chen Mo didn't want to see his stock suspended.
The words just fell!
Another 10 high-priced sales orders suddenly appeared!
A total of 10000 high-priced sell orders caused a second avalanche of Hongxing's stock price!
In fact, the entire real estate sector has been falling continuously!
Many real estate company bosses are scolding Chen Mo!
It's like gods fighting, and mortals suffer!
Who did they provoke?
Investors have now come to their senses.
Someone is going to smash the plate!
And he smashes the market regardless of the cost!
"Oh, oh, oh, mom, I will never play stocks again!"
"Give me the money back, why don't I stop playing?"
"Hahahaha, it's all bubbles, all fake, hahaha..."
"..."
When the secondary circuit breaker was triggered, the mentality of many investors also completely exploded!
They can be sure that the level three circuit breaker will be triggered today, and Hongxing is hopeless!
"The second-level circuit breaker has fallen too fast. I suggest you resume trading immediately to avoid triggering the third-level circuit breaker and suspending trading of the stock." Zhuge Wan'er said.
"Ah."
The situation got a little out of control, and the two of them stopped laughing and joking.
Chen Mo called He Chaoling directly:
"Secretary He, you should immediately submit an application to the Hong Kong Stock Exchange Commission in my name for Hongxing Real Estate to issue additional shares!"
"Moyuan Capital will immediately inject 1000 billion into Hongxing Real Estate Company for additional stock issuance."
"At the same time, please apply to me to lift the limit on the price increase and decrease of Hongxing's stock price!"
Hong Kong stocks currently have a circuit breaker mechanism and an increase ceiling mechanism, so if you want to have no restrictions, you must apply to the Stock Exchange Commission.
He Chaoling nodded: "Okay boss, I will do what you want!"
Soon, this big news was displayed on the official website of Hongxing Real Estate and on major securities trading software!
The parent company of Hongxing Real Estate, Moyuan Capital, will inject 1000 billion to issue additional shares and apply to lift the price limit on Hongxing’s stock!
As soon as this announcement came out, everyone was stunned!
Everyone knows that Chen Mo is going to have a head-on confrontation with the short sellers!
But when many experienced veterans saw this news, they couldn't help but shook their heads, feeling that Chen Mo's head had been kicked by a donkey.
Now it is obvious that the stock price crash is caused by the lack of confidence of market investors in Hongxing Real Estate!
Hongxing didn't want to find a way to get good news out, so it issued additional shares as a shield?
If you inject enough capital, you can turn the tide.
But it’s only 1000 billion...
Not even one-third of the sales order?
ridiculous!
Issuing additional shares at this juncture will only make other investors who are still waiting and watching more disappointed and throw away their Hongxing shares!
Even if this 1000 billion is injected, it can temporarily stop the stock price from falling.
But once this energy is digested, Hongxing will continue to fall!
……
"Chen Mo really has a backup plan!"
Looking at the announcement on the computer screen, the smile on Shang Li's face gradually became wilder:
"It's a pity that he has too few bullets, only 1000 billion. It's really laughable!"
Li Cheng nodded: "It is estimated that this 1000 billion was obtained by Chen Mo selling iron. Maybe he sold some assets to get it!"
Li Yiji grinned and said: "The most ridiculous thing is that Chen Mo actually dared to lift the price limit! Could it be that he still wants the stock price to go back up? Hahaha..."
Shang Li's eyes showed the long-lost confidence and courage: "Tomorrow is the day of the decisive battle. This time, I will fight until Chen Mo's own mother doesn't even recognize him!"
Zhuge Waner looked at the computer screen and said seriously:
"Companies like Hongxing Real Estate, which are supported by the real economy and high-quality projects, have been driven down to this level by their opponents using a series of means."
"Except for those stock market crashes that swept the world, I have never seen the price of a popular blue-chip stock fall so fast. In a total of 5 minutes, the primary market circuit breaker was triggered."
"Fuse" is actually a protection mechanism. We can also feel it from this word. When we use electricity, if it is overloaded or there is a line failure, the fuse will be blown, and then the power will be cut off. When we reduce the load or After the fault was identified and the fuse was connected, the power returned to normal.
In the stock market, when there is a sudden systemic risk of falling, causing the index to fall excessively in the short term, the exchange will suspend stock market trading to allow investors to calm down, thereby playing a certain market protection role.
Generally, trading will be suspended for a period of time, and then trading will continue. If trading continues to fall sharply after resumption, and the circuit breaker condition is triggered again, trading will be suspended again until the close of the day.
Originally, Hong Kong stocks did not have a circuit breaker mechanism for individual stocks.
However, due to a series of butterfly effects caused by Chen Mo's rebirth, Hong Kong stocks now have a circuit breaker mechanism and a rising ceiling mechanism for individual stocks.
For Hong Kong stocks in this life, the market fell by 15%, triggering a circuit breaker in the primary market; the market fell by 30%, triggering a circuit breaker in the secondary market; the market fell by 50%, triggering a circuit breaker in the tertiary market.
The circuit breaker mechanism at each level is different. When the first and second level circuit breaker is triggered, trading will be suspended for 15 minutes. When the third level circuit breaker is triggered, trading will be stopped for the whole day.
Chen Mo sighed: "Yes, the primary market circuit breaker started in a few minutes. It can be said that this is more terrifying than the last stock market crash!"
"But it's better this way. If it falls below, I can buy the bottom."
Zhuge Wan'er smiled and said: "They chose to sell short this time like a smashing of the market. I'm afraid they will lose all their pants!"
Chen Mo said: "How about it? Do you want to consider buying some Hongxing shares?"
Zhuge Wan'er rolled her eyes at Chen Mo: "You don't have to pay?"
"No, after I successfully privatize it, I will give you 20%." Chen Mo said with a smile.
"Give me 20% of Hongxing's stock, and take a step closer to win over the Zhuge family, so that you can have a king to back you."
Zhuge Wan'er hit the crotch of the doll in her hand fiercely, gritted her teeth and said: "Chen Mo, put away your 1 evil intentions and don't plot against me!"
Chen Mo smiled awkwardly and said, "Sometimes the little girl is too smart and can't get married."
"If I can't get married, I will rely on your family! I will get under the same bed with your wife, occupy your wife, and make you a living widow!" Zhuge Wan'er stuck out her tongue.
And right now.
The 15-minute trading suspension caused by the level [-] circuit breaker has been lifted.
Hongxing Real Estate’s stocks are on the shelves again and can be freely traded.
The effect of the circuit breaker is still good. Many investors have calmed down and the rate of decline has slowed down visibly to the naked eye.
"The other party will definitely continue to sell short and destroy the market. When do you plan to take action?" Zhuge Waner asked.
"Let's wait until the level [-] fuse is almost blown." Chen Mo said.
Once the level three circuit breaker is triggered, trading in the stock will be suspended.
Chen Mo didn't want to see his stock suspended.
The words just fell!
Another 10 high-priced sales orders suddenly appeared!
A total of 10000 high-priced sell orders caused a second avalanche of Hongxing's stock price!
In fact, the entire real estate sector has been falling continuously!
Many real estate company bosses are scolding Chen Mo!
It's like gods fighting, and mortals suffer!
Who did they provoke?
Investors have now come to their senses.
Someone is going to smash the plate!
And he smashes the market regardless of the cost!
"Oh, oh, oh, mom, I will never play stocks again!"
"Give me the money back, why don't I stop playing?"
"Hahahaha, it's all bubbles, all fake, hahaha..."
"..."
When the secondary circuit breaker was triggered, the mentality of many investors also completely exploded!
They can be sure that the level three circuit breaker will be triggered today, and Hongxing is hopeless!
"The second-level circuit breaker has fallen too fast. I suggest you resume trading immediately to avoid triggering the third-level circuit breaker and suspending trading of the stock." Zhuge Wan'er said.
"Ah."
The situation got a little out of control, and the two of them stopped laughing and joking.
Chen Mo called He Chaoling directly:
"Secretary He, you should immediately submit an application to the Hong Kong Stock Exchange Commission in my name for Hongxing Real Estate to issue additional shares!"
"Moyuan Capital will immediately inject 1000 billion into Hongxing Real Estate Company for additional stock issuance."
"At the same time, please apply to me to lift the limit on the price increase and decrease of Hongxing's stock price!"
Hong Kong stocks currently have a circuit breaker mechanism and an increase ceiling mechanism, so if you want to have no restrictions, you must apply to the Stock Exchange Commission.
He Chaoling nodded: "Okay boss, I will do what you want!"
Soon, this big news was displayed on the official website of Hongxing Real Estate and on major securities trading software!
The parent company of Hongxing Real Estate, Moyuan Capital, will inject 1000 billion to issue additional shares and apply to lift the price limit on Hongxing’s stock!
As soon as this announcement came out, everyone was stunned!
Everyone knows that Chen Mo is going to have a head-on confrontation with the short sellers!
But when many experienced veterans saw this news, they couldn't help but shook their heads, feeling that Chen Mo's head had been kicked by a donkey.
Now it is obvious that the stock price crash is caused by the lack of confidence of market investors in Hongxing Real Estate!
Hongxing didn't want to find a way to get good news out, so it issued additional shares as a shield?
If you inject enough capital, you can turn the tide.
But it’s only 1000 billion...
Not even one-third of the sales order?
ridiculous!
Issuing additional shares at this juncture will only make other investors who are still waiting and watching more disappointed and throw away their Hongxing shares!
Even if this 1000 billion is injected, it can temporarily stop the stock price from falling.
But once this energy is digested, Hongxing will continue to fall!
……
"Chen Mo really has a backup plan!"
Looking at the announcement on the computer screen, the smile on Shang Li's face gradually became wilder:
"It's a pity that he has too few bullets, only 1000 billion. It's really laughable!"
Li Cheng nodded: "It is estimated that this 1000 billion was obtained by Chen Mo selling iron. Maybe he sold some assets to get it!"
Li Yiji grinned and said: "The most ridiculous thing is that Chen Mo actually dared to lift the price limit! Could it be that he still wants the stock price to go back up? Hahaha..."
Shang Li's eyes showed the long-lost confidence and courage: "Tomorrow is the day of the decisive battle. This time, I will fight until Chen Mo's own mother doesn't even recognize him!"
