Chapter 349 Hell on Earth
All the situations are exactly as Chen Mo said!
The Hong Kong stock market went through a slight rise, and then began the great decline that cannot be saved by the gods!
Under the pressure of the overlord's multiple negative factors, Hong Kong stocks are in mourning!
The entire market began to plummet crazily, and retail investors fled and sold out desperately. Unfortunately, how could anyone take over at this time?
The situation of Hong Kong stocks is exactly what the world's stock markets are facing.
The big plunge started in the high-tech sector, thus pulling down the entire market.
All stocks are falling, no one is spared!
At the Hong Kong Stock Exchange, countless people stared wide-eyed, hugged their heads and cried, unable to believe the scene in front of them.
Wails, cries, yells, and screams filled my ears incessantly.
Office buildings, coffin rooms, offices, personal residences...everywhere is a mess!
At the same time, the media reports the latest stock market conditions as quickly as possible.
Then everyone around the world knew that the high-tech bubble had burst!
A series of high-tech industries such as the Internet, automobiles, chips, lithography machines, etc. have all been affected!
In this case, panic continues to spread!
Even though officials around the world are actively issuing bailout policies, they have no effect at all.
The stock price is still plummeting!
The stock index fell faster than anyone expected.
All those who have experienced the nightmare of the financial crisis are panicked and scared!
They know all too well the direct results of this situation!
If the stock price of a listed company is too low, it will directly lead to the company's bankruptcy.
If a company goes bankrupt, the first thing it needs to do is fire its employees.
These employees who have lost their jobs and have no income will, over time, turn to crime and lead to social unrest.
Similar situations have happened several times in Hong Kong City.
No one wants to go back to that nightmare-like era!
So everyone is scared to death.
In just 3 hours, the Hang Seng Index plummeted crazily. As of the close, it fell directly from more than 18,000 points to 14,500 points!
It dropped a full 3,500 points! ! !
You know, the Hang Seng Index in stable periods cannot fall so much in a year!
Seeing this result, even a fool knows that the Hang Seng Index is over, Hong Kong stocks are a pill!
Those people, institutions, and bookmakers who spent all their money trying to raise the Hang Seng Index failed miserably!
The bears, on the other hand, have begun to celebrate with champagne, just like the Chinese New Year.
Huojia Building.
When the stock market was closed, Chen Mo happened to take his last puff of cigarette.
"How is the battle going?" Chen Mo said calmly.
Lin Yang's hands and feet were trembling with excitement, his face turned red, and his lips were trembling!
After decades in the industry, he has fought thousands of financial battles, large and small, but none of them excite him as much as today!
After swallowing a mouthful of saliva, Lin Yang took a few breaths and then reported the report as calmly as possible:
"The Hang Seng Index fell 3,500 points. I invested 200 billion in the morning. The short sale was successful, with a total balance of 380 billion!"
"In one morning, we made 180 billion!!!"
As Lin Yang spoke, he couldn't hold himself tight and his voice started to tremble.
Uh-huh!
In an instant, all the traders in the conference room looked at Chen Mo with fervent eyes and admiration.
As a trader, no one knows better than them how accurate and decisive Chen Mo's entry timing is!
The timing of his entry happened to be the highest point of the stock index, almost exactly one point away!
Moreover, we can start harvesting in advance before other short sellers enter the market!
Let other big short sellers who enter the market eat less meat!
It was as if Chen Mo had anticipated all of this from beginning to end!
Chen Mo, who had been tense all morning, finally showed a relaxed expression at this moment, breathed a long sigh of relief, and said to Huo Yingxiong and others: "Fortunately, I did not disgrace my life. I fought well in the first battle."
Huo Yingxiong, who couldn't bear it for a long time, said excitedly: "180 billion!!! Is this okay?"
"How much money has my old man made in the past few decades?"
"You want this one to be called okay, but what should I call it? Trash?"
Zheng Yitong also said: "You played so beautifully! If I hadn't seen you trading with my own eyes, I would have suspected that Chen Sheng, you are a reborn person!"
He Daxian: "Third brother, your timing is a bit scary! Not a single point is missing!"
Stanley Ho: "I am afraid that the Atomic Fund would not have thought that the third brother would be the first to short-sell, and take a big bite out of the tiger's mouth! Hehe..."
At this moment, Chen Mo was no different from a god in the eyes of all traders.
Chen Mo was not stingy, and immediately said: "Everyone, get a reward of 1 million!"
"Long live Chen Sheng!!!"
The traders immediately cheered.
Rest time.
Chen Mo and a group of family heads came to the nearby hotel owned by the Huo family for dinner.
At the dinner party.
Huo Qigang sighed sincerely: "Master, you are so good at predicting things. I am completely convinced."
Chen Mo shook his head and smiled: "The game has just begun."
Huo Qigang: "But Master, since you expected that the Hang Seng Index would plummet and you knew the right time to enter the market, why didn't you invest all the more than 400 billion in it? Wouldn't that make more money?"
Huo Zhenhua slapped Huo Zigang on the back of the head: "Like a fool, how can you throw all the bullets in the first battle? If something goes wrong, what else will you do next?
Qi Gang, can you use some wisdom? "
Hoqigang lowered his head in shame and stuck out his tongue.
At this time, Huo Yingxiong asked: "Sheng Chen, how much impact do you think this storm will have on the Hong Kong stock market?"
Chen Mo thought for a moment and remembered the memory of this disaster from his previous life.
A total of more than 20 trillion has evaporated in the global securities market!
The Hang Seng Index fell by more than 70%!
The highest number of points dropped in one day reached 10,000 points!
What is this concept?
To put it simply, before the crash, your company’s market value was 10 billion. After the crash, your company’s market value was only 3 billion.
This is pretty good!
There are also cases where the stock price dropped to 1 cent and went bankrupt and liquidated without even a chance of making a comeback!
"It will have to fall at least 8,500 points before it bottoms out." Chen Mo replied according to his memory.
"Hiss~~~~"
The heads of the four wealthy families all took a breath of cold air.
Will it still drop 6,500 points?
Doesn't that mean that it will fall by 12,000 points in total?
This is going to bring down most of the Hong Kong stock market! ! !
What does it mean to fall so much?
The Hong Kong City's economy will go backwards for at least 10 years! ! !
All walks of life are facing an unprecedented cold winter! ! ! !
"The gringos are determined to destroy our country!" Huo Yingxiong clenched his fists angrily and said angrily.
At this moment, everyone’s good mood of making 180 billion in the morning was wiped out.
Everyone tacitly chose to remain silent.
The people present, unlike Li Cheng, have made a lot of investments abroad.
Their roots are in Hong Kong City.
If the Hong Kong City's economy collapses, then there is no point in making more money.
Wait for a few people to finish their meal.
As soon as I walked out of the hotel door.
Bang! ! !
Just hear a loud noise!
I don't know what hit the roof of the car.
Leng Feng walked over to take a look and took a long breath.
"Chen Sheng, he is a grandpa..."
Chen Mo stepped forward and took a look.
The grandpa who jumped off the building had his head spinning like a twist for who knows how many times.
There is no hope.
"Hey... he should be a stock investor. Go to the police and ask the police to help find this grandpa's family." Chen Mo said.
But at this moment...
Bang bang bang! ! !
Three loud bangs in three directions!
Several investors couldn't bear the bankruptcy and jumped off the building.
Chen Mo raised his head and took a look. Visible to the naked eye, as long as it was on the edge of the rooftop of the taller building, it was full of people standing in the dark!
On the streets passing by, police sirens were blaring one after another, but there was still a steady stream of people going bankrupt and jumping off buildings.
Sounds of crying and wailing can be heard everywhere.
One hour!
In just one hour!
There are 2,300 people who jumped off buildings because of bankruptcy! ! !
2,300 families were torn apart because of the stock market! ! !
The sky was overcast and rain was pouring down.
The rainwater on the streets seems to be red.
On this day, the port city was like a hell on earth!
