MTL - The Son of Finance of the Great Age-Chapter 968 Bailout (1)

  Chapter 968 Rescue (1)

  Zhong Shi was finally persuaded, but not because of national righteousness or patriotism, but because of Li Jiacheng's final words, everyone has his ultimate responsibility in the world.

  Since his rebirth, Zhong Shi has devoted himself to making money with advanced information, while carefully avoiding the butterfly effect. As a result, Tianyu Fund has grown into the largest hedge fund giant in the world. But apart from his personal and his team making a lot of money, other contributions are basically negligible.

   To put it simply, Zhongshi has become a money-making machine.

But after earning a huge amount of money, no amount of money can stimulate him anymore, which is why he got involved in the open and secret battles between the United States and Europe, because this is an opportunity to challenge himself, Zhong Shi You can get a sense of accomplishment from it.

  Although the process was full of dangers, in the end, Zhongshi survived the struggle between the two most powerful organizations on the planet and made huge profits himself. But there is also a very serious problem, that is, there is nothing in this world that can challenge Zhongshi to himself, at least in this field.

   Li Jiacheng's words woke him up.

  People live in this world not only to challenge their limits, but also to bear the responsibilities to family, society, country and even all mankind invisibly.

  With great power comes great responsibility.

  So when Gao Dongfang officially offered an olive branch, Zhong Shi agreed without hesitation for a second. He finally realized where his abilities and responsibilities should be used, and at the same time he realized that he should take this responsibility decisively.

  It was only later that he realized that things were a little bit different from what he thought: he was not the main character.

  …

   "So I'm just a consultant?"

   A day later, Zhong Shi flew to Yanjing with Gao Dongfang. On the way to the office, Gao Dongfang hesitated for a while, but finally bit the bullet and announced the news to Zhong Shi.

Zhong Shi was quite surprised. After a long silence, he asked in puzzlement, "What is the specific job of this consultant? Since he doesn't intend to let me do it, why does he have to use someone like Li Sheng to persuade me? To be honest, I am not very understand what's going on."

  He was slightly angry.

   "It's actually like this..."

Gao Dongfang's eyes flickered, his face showed embarrassment, and he sighed for a long time before replying, "I just heard about some things. It is rumored that when the chief decided to save the market, people from all walks of life put forward their own candidates and competed with each other. It's so red in the face, after all, in their view, this is a good opportunity to pick peaches, and they must not miss it."

"The chief originally intended for you to take full control, but because of your identity as a Hong Kong citizen and the nature of Tianyu Fund, many people raised objections. Of course, you don't have to worry about these, these are all excuses. You I also know that even the chief executive can’t do things as he wants. The final opinion is that each party should choose a candidate to form a working group to rescue the city, and he will be fully responsible for the rescue of the city. As the chief executive, you will nominate yourself and join in the name of a consultant Join this group. In name, you are just a consultant and do not have any decision-making power, but I am completely on your side in this group, so you still have some influence."

"It is precisely for this reason that the chief is afraid of wronging you, so he didn't call you personally, but sent a message through Mr. Li, hoping that you can understand the difficulties he is facing. Hey, the pressure that the chief is facing now is also very high. Big…"

  He pursed his lips tightly, forced a smile that was uglier than crying, and finally put away the smile, shaking his head helplessly.

   "It turns out that..."

After this explanation, Zhong Shi suddenly realized what was going on, "I really didn't expect that there are so many twists and turns in it. It seems that everything is not smooth sailing. By the way, tell me Tell me, what do you think internally about the performance of the capital market?"

  Zhong Shi is very clear about his own position. Now that he has decided to take on his due responsibilities, even if he is a supporting role, he must continue to do so with all his heart.

"you do not mind?"

  Gao Dongfang originally wanted to comfort Zhong Shi. After all, he knew exactly how strong this guy is and how strong his character is, as can be seen from the incident when he brought down the real estate group in Shenzhen and Hong Kong. But when he looked up at Zhong Shi, he found that the other party's face was calm, without any discomfort or dissatisfaction. I realized that now is not the time to pursue these matters. The most important thing right now is to answer Zhong Shi’s question, “In fact, our internal views on the capital market are not unified.”

"Some people say that the current situation is that the stock market is self-adjusting. It can be stabilized after some highly leveraged funds are expelled from the market. It only needs to use a part of the funds in the name of the government to achieve the effect of bailing out the market. However, some people say that this is An outright conspiracy, foreign economic forces took advantage of the market conditions in the capital market to carry out a comprehensive suppression of our country's economy, trying to destroy the opportunities for our country's economic transformation and structural adjustment, so as to achieve the purpose of curbing the rise of our country."

"Some people said that the above two statements are not reliable, this is the basic law of China's capital market. They believe that China's capital market has always had little connection with the economy, because this market is full of too much speculation investors, unlike those foreign markets that are dominated by value investors. So when the market rises, everyone rushes into the market; and when the market falls, these people flee in droves, so this kind of The market is a typical 'herd effect'."

"In any case, everyone agrees that bailing out the market is an inevitable move under such circumstances. But how much money to raise and where to stabilize the stock market are still unclear. But this kind of difference of opinion lies in this It will be resolved within a week, because there is not much time left."

  Based on the current opinions of several parties, Gao Dongfang finally said, "To be honest, I don't know what the reason is, but there must be a conspiracy. I can be sure of that."

   "You are right, there must be a conspiracy!"

Regarding Gao Dongfang's judgment, Zhong Shi nodded approvingly, "To tell the truth, I have been observing Huaxia's capital market during this period of time. After all, the performance of last year made the entire Huaxia capital market the most eye-catching in the world." It is difficult not to pay attention to the market. But after entering March and April, the market fell into an irrational and crazy state, and at that time the root of today's disaster was planted. I think if it was me, I would invest in it at that time. It should be a good choice.”

   "Why that time, and not in December last year, when the madness started."

Gao Dongfang was a little surprised, and couldn't help but ask back, "If it were me, if I had laid out at that time, I would sell my chips around 5000 points, and then use the function of securities lending to short-sell, which should be able to make the assets go up. How many times?"

  He was puzzled by Zhongshi's choice of timing.

   "Stock Index Futures!"

Zhong Shi pointed out the crux of the problem, "In the past, there were only IF contracts in the market. Although this contract can hedge part of the risk, that is, there is room for speculation, but relatively speaking, their targets are mainly blue chips and heavyweight stocks. The decline is most related to the index. But at that time, everything was different after the IC contract came out. The index contract fluctuated greatly, and the value of each contract was comparable to that of the IF contract. In other words, the operable space is much larger than that of IF contracts, which is why the trading volume of IC contracts has far exceeded that of IF contracts with a history of several years since its launch in a few months."

   "With this tool, even the function of securities lending can be abandoned, and the linkage between spot and futures can be used to carry out short-selling and arbitrage operations unscrupulously."

Zhong Shi's face was serious, "Currently, the position disclosure of the exchange is very problematic. Although it discloses the increase and decrease of contracts every day, as well as the total position of each brokerage. But as long as the positions are held separately, you can easily avoid it. The disclosure of opening positions. Therefore, these short-selling forces have already established corresponding positions in the market, and the main battlefield for the entire rescue of the market is there.”

   "The main battlefield is the futures market?"

Although Zhong Shi only said a few words, Gao Dongfang was terrified when he heard it, because all this was different from what he expected, "You mean that they made a lot of money in the futures market by selling off the spot stock?" ?”

   “Not bad, and there is corresponding action in the exchange rate market.”

Zhong Shi nodded silently, "The tactics are exactly the same as those used to attack Hong Kong back then. However, unlike Hong Kong, the fluctuations in the stock market and the exchange rate market are not as closely linked as in Hong Kong. After all, the mainland has the largest foreign exchange reserves in the world. It can completely deal with any form of currency crisis. And according to my observation, in the past few months, the central bank has taken several shots and severely hit the short positions on the offshore RMB exchange rate, making them return without success.”

   "So unlike Hong Kong, we only need to deal with short positions in the stock market and futures market."

Zhong Shi finally talked about his strategy, "The connection between the two is inextricable, and they also have the meaning of hedging risks in doing so. But if we let their losses on one side be greater than the profits on the other side, I believe It won't be long before they collapse."

"but…"

Gao Dongfang is quite smart, and quickly understood what Zhong Shi said, but although the principle is clear, there are still a lot of problems in the actual operation, "If the chips in these people's hands are absorbed at a very low price, At the same time, the opening price of the futures short position is set at a very high level, so if we follow this strategy, won’t it be inevitable that one of them will make money?”

   "Then it is necessary to accurately calculate their average price."

Zhong Shi smiled, "Now I have finally figured out such a thing. It is not a bad thing for me to be this consultant. At least for the current market, it is far from the ideal price for these short sellers. That is to say, The early bailout efforts may go nowhere. That way, the whole thing doesn’t need to fall on me.”

   "..."

  Gao Dongfang was dumbfounded, his face changed abruptly, he was silent for a long time before he uttered a word with bitterness on his face, "Wouldn't that be falling on me?"

"what?"

This time it was Zhong Shi's turn to be surprised. He looked at Gao Dongfang incredulously, with a puzzled expression on his face, "Why did this matter have something to do with you again? Oh, yes, I forgot that you are also like this." One of the members of the group."

   "Not a member, but a team leader, responsible for the overall work and the finalization of the investment strategy!"

  Gao Dongfang gasped, grinned and said, "Is this asking me to fight a battle with no chance of winning, and then take this big blame?"

   Thanks to book friends kamchi, the wind waiting to berth, wongC, the wind blowing face swish, book friends 150725213055694, favorite fantasy time travel for voting monthly! Thanks to the wind blowing face swishing, and the crab reading the book for the reward! Thank you very much for the active support of so many book friends. I will continue to work hard in the future. The time for finishing this book is still uncertain. I hope more book friends can pay attention to this book. Thank you~

  (end of this chapter)