"Something's not right. My gut tells me there's something fishy going on here!'
'Multi-Head isn't really running out of funds, they're deliberately misleading us and luring us into selling our shares at low prices!'
They met again. Eric Schroder, the president of the Schroder Group, rested his hands on the long oval table and looked across the faces of the group, his expression extremely serious as he spoke.
'That is a possibility, but do we have any other options?'
Jock Randolph of the Dutch Deep Sea Fund leaned back in his chair and said with an open hand, his face not looking good.
The others fell silent.
Evelyn Lochiel saw that the mood of the group was a little off, so he suddenly shouted out a reminder, 'Gentlemen, there really is no other choice. The floating profits are already in our respective company accounts, just waiting for us to reap the rewards after victory.'
'We now only have a portion of the stocks that have not been sold in our hands. What we need to do now is to do everything we can to achieve victory that belongs to us.'
'Evelyn is right. Does anyone have any good ideas?' Terence Warburg took over the conversation.
'It's all about brute strength now. What else is there?'
'We've already tried political attacks, and now we're still arguing amongst ourselves while the opposition is getting stronger. The potential of this method has been exhausted and it's not working at the moment.' Steve Calvin shrugged, sighed, and pointed out the helpless situation.
'Knock, knock!'
But then Xizai Hobart from the British Golden Forest Asset Management Company knocked on the table, revealing a smile and boosting morale with a slightly higher voice.
'Gentlemen, the results are not in yet, so I don't think we should be too pessimistic.'
'We should think that the bulls are guiding the stock price lower and then buying it back, which is a sign that they don't have enough money.'
'Otherwise, they could have taken over more strongly, instead of resorting to petty tricks here.'
'So what we need to do now, and what we can do, is to fire all our artillery and win or lose in one battle!'
'Pop, pop, pop...'
As soon as Cezar Holbert had finished speaking, Evelyn Locher impatiently applauded vigorously, and then the others also came to their senses and applauded.
'President Holbert is right, let's crash the market all at once!'
'But I suggest we do it next Monday, Hong Kong time, because Friday is too tight.'
...
'Evelyn, you're finally back. What was the result of the negotiations?'
Evelyn Locher returns to the family and sees Jakob Locher in the garden pavilion, reading a research report. The latter puts the report down and asks him about the situation.
'Jakob, it's been decided. We'll hold out for another day on Friday, and then on Monday morning, after the market opens, we'll put all our chips on the table and crash the market.'
'Of course, we will also use these two days to quickly reach acquisition agreements with the major shareholders of some listed companies in Xiangjiang, increase our ammunition and ensure that our offensive next Monday is strong enough.'
Evelyn Locher summed up the final outcome of the meeting in two sentences.
Jacob Locher fell into thought, and after a few seconds, nodded slightly: 'This is indeed the best solution at the moment.'
'By this time, retail investors and small and medium-sized institutional investors no longer hold many shares. Those who still have a lot of shares are either long positions or major shareholders of various companies. Prolonging the battle will not do us any good.'
'It's best to win or lose in one fell swoop. If this doesn't defeat the long positions, then we'll think of other ways.'
'Anyway, the long positions are locked up, and most of the funds are in our hands. As long as we have money, we still have the chips to fight back in that small place called Hong Kong.'
Evelyn Lochhead nodded with a smile: 'Yes, we already have a contingency plan, we just hope we don't need to use it.'
...
Sure enough.
On Friday, with retail investors and small and medium-sized institutions selling less aggressively, the bears themselves sold some of their stocks, knocking the Hang Seng Index below the 1,700 mark.
The Hang Seng Index closed at 1,688.4 on Friday, a not-too-significant drop. The trading volume that day was 40.58 billion Hong Kong dollars.
Overall, the bulls were slightly stronger, but the bulls and bears were in a stalemate.
Over the weekend, the bears did their best to predict a fall in the Hong Kong stock market.
Xia Yu, confident that he had acquired enough shares, wanted to leave some vitality for investors who had stuck with Hong Kong so far, so his media empire gave its readers a massive boost.
The clear division in public opinion also made many investors hesitant.
This public opinion situation continued into the new week.
Sure enough.
As the stock market reopened on Monday, a sell-off more intense than ever before occurred.
The bears seemed to want to use an overwhelming bombardment to reduce the bulls to ashes.
'Don't worry, stay calm, and increase your buying!'
The traders at Jiuding Securities, who had just started after getting themselves in the right frame of mind, were slightly disrupted by the short sellers' offensive. Xia Yu, who was also in the operations room, used a calm tone to reassure the traders in front of him.
Sure enough, after completing a trade, the trader immediately opened a second one, and opened it big, not caring at all about the huge amount of money flowing out of the unlimited operating account.
'Chairman, just as you predicted, the short sellers are in their final frenzy,'
Observing that the state of all the traders had stabilised and that they were performing more and more excellently, Yuan Tianfan let out a sigh of relief and smiled, praising Xia Yu next to him.
The sell orders being thrown at him were all huge sell orders. The only people with this kind of stock volume were short sellers and major shareholders of listed companies.
But now that the actions were still so orderly, it could only be the short sellers.
'Haha~'
'No matter how crazy they are, dogs are still dogs. Today, let's just give these dogs a stick for now.'
'After stunning these dogs, the main task this week is to get the stock market back up. It's time to reap the harvest.'
Thinking about the profits that the future harvest could bring, Xia Yu couldn't help but smile faintly at the corner of his mouth and said with a smile, 'Understood, I guarantee I will complete the task!' Yuan Tianfan laughed and replied loudly.
...
Every minute and second, the trading atmosphere on the Hong Kong Stock Exchange was very tense.
The old stock investors inside the exchange who were eating melons from time to time held their breath and watched this terrible battle.
Thinking that behind each large order is millions, tens of millions or even billions of Hong Kong dollars, they can't help but feel excited.
It's like watching immortals fight!
10 billion Hong Kong dollars!
20 billion Hong Kong dollars!
30 billion Hong Kong dollars!
In just one hour, the trading volume on the exchange soared to 30 billion Hong Kong dollars, once again setting a new trading record.
Fortunately, the Hong Kong Stock Exchange has kept up with the times in terms of replacing electronic equipment, which is why it can withstand such a huge trading frequency.
Otherwise, if they had used the same equipment as at the beginning, they would have definitely gone bankrupt by now!
The consequences would have been unimaginable, and the resulting consequences would have been extremely detrimental to Xia Yu.
...
Even the onlookers could feel the pressure, so you can imagine how the two sides directly involved in the battle must have felt.
It was like Terence Worborg, who had come to Hong Kong in person to take command.
As he listened to his subordinates report the remaining amount of ammunition in his ear, his gaze fixed on the market, his expression growing more and more solemn.
When he saw that the remaining 42,000 shares of Jiuding Real Estate Development Co., Ltd. that his side had put up had just been snapped up by multiple buyers seconds after being listed, Terence Waughberg couldn't help but curse angrily.
Jiuding Real Estate Development Co., Ltd. was one of their main targets for short selling.
The company's total share capital was 1 billion shares, and when it went public, the company itself set the lot size at 500 shares, so the 42,000 shares listed by S.G. Warburg now amounted to 21 million shares.
The selling price is 21.48 Hong Kong dollars per share, which means that the total value of this sell order is as high as 451.08 million Hong Kong dollars.
The purpose of such an astonishing sell order is to serve as the lowest ballast to knock the stock price of Jiuding Real Estate Development Company down in one fell swoop.
It is fine that the plan has failed, but the key is that the firepower now displayed by the bulls is frightening.
This firepower has been maintained for more than an hour, and the bulls are still able to maintain it, which shows that the bulls' capital base is very abundant.
But at this point, there is no turning back, and the only thing that can be done is to thoroughly implement last week's resolution and completely empty the ammunition in hand.
Thinking of this, he gave an order: 'Sell all the remaining stocks of all types at once.'
As soon as he finished speaking, all the traders immediately took action.
One after the other, tens of millions of Hong Kong dollars' worth of stocks were sold at low prices.
However, before Terence Wohlberg could feel happy, he saw that these large sell orders were decreasing one by one, and they disappeared faster and faster.
One minute later...
'Chairman, it's all sold out.'
'I've also sold out everything here!'
'I'm here too.'
'...'
One by one, the traders reported the situation, while also pausing in their actions and looking back at Terence Woburg.
They had already sold all the shares in their accounts, and there was no need to buy, so they had nothing more to do.
However, the situation they had personally been involved in made the traders feel miserable.
'It's over!'
As his subordinates stopped what they were doing and reported back one after the other, Terence Worborg's heart sank. When he saw the last large sell order being cleared, he subconsciously let out a sigh, his eyes closing as he clenched his fists.
With their ammunition exhausted, he and S.G. Warburg had been reduced to mere spectators, and could only pin their hopes on their other allies.
However, the current situation was not favourable for the bears.
It seemed like they were going to lose!