Chapter 2654: Bank Run Risk
"If we continue like this, our losses will be too great!"
Han Li couldn't help but say.
"It doesn't matter."
Chen Mo said: "We can afford this loss, let's continue hedging."
"Even if the loss is trillions, we must continue to lay the nest. You can't catch the wolf without sacrificing the lamb."
"Old Han, your trading skills are impeccable, but your courage has not yet improved. The essence of the share price of Juan Guo Bank is no different from that of ordinary stocks. It's just that the base amount of money has expanded."
"If the odds were tens of thousands or hundreds of thousands, would you care about that little bit of money?"
Han Li suddenly realized and nodded in shame: "Thank you for your advice, Mr. Chen."
Taking a deep breath, Chen Mo decisively ordered: "The stock price is not the goal. Your current goal is to continuously attract the other party to recharge money, and at the same time, to continuously increase the position to prevent liquidation. That's all. Do you understand?"
Han Li: “I understand!”
Under the mutual attack and defense between Chen Mo and Solomon, the stock price of Bank of China was pulled wildly.
The trend of the candlestick chart is exactly the same as an electrocardiogram, sometimes high and sometimes low.
But the overall stock price has always remained above 60 yuan. Once there is a trend of falling below 60 yuan, a large amount of funds will immediately enter the market to go long.
Although Solomon's long funds were very terrifying, Chen Mo did not seem to have any intention of giving up and kept holding on anxiously.
As soon as the trading time arrived that morning, all data stopped refreshing and all transactions were locked.
It's time to close the trading session.
Chen Mo let out a breath and began to listen to Han Li's summary report.
"Mr. Chen, the transaction volume of the Bank of China this week exceeded 5 trillion Great Xia coins, which is 15 times the usual transaction volume. Among them, our short-selling funds exceeded 2 trillion. Currently, 18000 trillion of funds have been traded. According to the team's estimation, the funds used by Solomon are converted into Great Xia coins, which is about 29000 trillion. The error will not exceed 0.01%."
Han Li's expression was solemn and serious. He continued, "According to our analysis, the share price of Bank of China has an upward trend. The wait-and-see sentiment of most institutions and retail investors has disappeared. They think that the short side is no longer able to fight. It is only a matter of time before the share price of Bank of China rises back to 66 yuan."
"In terms of profit and loss, among the 18000 trillion yuan of funds we have traded, because all of them are short-selling at all costs, the average loss ratio is very high, about 9000 billion yuan, and the loss margin has reached 50%.
As for the other party’s profit and loss situation, due to insufficient data, it is not possible to report it for the time being, but based on the assessment of the overall market situation, they are likely to be profitable.”
"Do we need to evaluate this? In a long-short hedge, one side will definitely make a profit while the other side will lose. The money we lose must be earned by the other side."
He Chaoling said disdainfully.
"From the data, the advantage is indeed on Solomon's side. It's mainly a question of the financial strength of both sides. If we only compete with money, we will never be able to win against the foundation."
"However, as long as the position is not closed and the goods are not shipped, all losses are only on paper."
“And…I don’t think Solomon would go long with his own money.”
Chen Mo smiled mysteriously.
There was a trace of throbbing in He Chaoling's eyes: "You mean..."
"People like Solomon are the kind of people who would not let themselves and their family lose profits even if the entire foundation is going to be destroyed.
Asking him to use his own money to do more is harder than climbing to the sky. "
"Guess whose money he will use?" Chen Mo said with a smile.
"Use the deposits in the Bank of China!" He Chaoling responded immediately.
"Bingo! Correct answer!"
Chen Mo placed his hands on the table, a stern look flashed across his eyes: "Bank deposits are originally used for financial activities. After all, not every day there are users who come to deposit large amounts of money, so you only need to estimate the average daily withdrawal amount, and then set aside enough money, and the rest of the money will be used for financial management.
In this case, if a run on the bank occurs, the bank will surely go bankrupt! "
"This is the moment I've been waiting for!"
After saying that, Chen Mo immediately contacted Igor: "There are enough fish in the net, it's time to close the net!"
Igor nodded: "Okay!"
Then Chen Mo called Feng Hongyang again: "Mr. Feng, the weather is getting cold, and the Bank of China should go bankrupt."
Feng Hongyang laughed and said, "If you don't make a move, it's fine. But once you make a move, it's a big one. Don't worry, I'm fully prepared and ready at any time!"
"Okay, then let's wait until the market opens in the afternoon."
Chen Mo's tone was relaxed, with a gleam in his deep eyes.
the other side.
Bank of the Republic of China.
Rogers looked at the funds on the account with a slightly tired look and a serious expression.
The Bank of Juanguo has tens of trillions of Daxia currency in deposits, but this does not mean that it has tens of trillions of cash flow on its books.
In fact, banks have taken out a lot of money and used it to make money.
In the past two weeks, Solomon has been ordering Bank of China to use its own money to raise the stock price, and has almost used up all the funds on the account.
The capital chain had passed the safety line a few days ago, but now as soon as he got to work, he heard the ringing of the bell reminding him of the risk of a bank run.
"How's Solomon doing?"
"Isn't it over yet?"
Rogers said helplessly with a look of contempt.
"No. Chen Mo is like an indestructible cockroach. He lost so much, but he still insisted on short selling. I really don't know what he was thinking." Assistant Bella said.
"If we can succeed in cooperating with the Bear Country, given Chen Mo's personality, he would not hesitate to lose 10% of his net worth.
This kind of people are patriotic to the core, and his generation is actually not considered too crazy.
If it were the Daxia people from decades ago, they would not care about giving their lives to their motherland, let alone money.
Alas... I really don't understand what these Daxia people are thinking."
Rogers sighed.
"If Chen Mo didn't have this kind of personality, how could he make Solomon so passive?" Bella asked back.
"Go talk to Solomon. We can't keep wasting time with Chen Mo. The risk of a bank run has now reached a record high."
Rogers said.
"Yes!"
After receiving Rogers's report, Solomon said without any concern: "There is no risk of a bank run! The Bank of China is the only bank in the world with a unique nature. There is no substitute at all.
Many of the people who come to deposit money are not clean themselves, and they have no choice except to go to Bank of China!
Tell Rogers to continue hedging when the market opens in the afternoon. Don't worry about any run risks. I will be fully responsible for everything except the matter!"
However, as soon as the market opened in the afternoon.
As soon as Solomon arrived at the trading room, he found that all the traders were anxious, with red faces and ears, holding a bunch of data in their hands, looking very panicked.
Solomon shouted sternly, "Quiet! What happened?"
