Chapter 72 Losing All the Money
077, Lost all the money
On the other side, Ni Zheng was so happy when he saw his stock price increase from 1.3 yuan to 2.2 yuan. At this moment, he felt that he was Liu Yixiong, and his stock market was invincible.
After breakfast, Ni Zheng came to the study and confessed his stock trading to his parents.
"A Zheng, the stock market is not something you can handle, stop as soon as possible." Ni Kuang shook his head and said to his son.
Ni Zheng's mother said with a doting face: "What are you talking about? I think my son is suitable for stock trading. Come on, my dear son, mom supports you. Is the money enough? If not, mommy will give you some more."
"Daddy and mommy, don't worry, this time I raised nearly 200 million yuan to fight in. Now it's not even 3 days and I have made more than 20 million. Dad, can you lend me about 50 million first, and I will double it after I cash it out." Ni Zheng said with high spirits.
"What? 50 million? Do you think your dad runs a bank? No, don't even think about it." Ni Zheng said angrily.
"Mommy."
"Hehe, what do you want so much money for? Won't all that money belong to Ah Zheng in the future? Don't worry, my dear son, I'll give you this money." After saying that, he was about to get the passbook.
Ni Kuang was stunned for a moment but didn't say much.
After getting the 50 million from home, Ni Zheng found Zhou Huimin again.
"Ah Zheng, you'd better not spend so much money." Zhou Huimin was still a little worried. You know, the money she saved over the years is only over 100 million Hong Kong dollars. In addition to purchasing some properties, her current savings are only about 30 million.
In this era of new people replacing old people, except for the identity of a jade girl leader who was once touted, she really has no works to show.
So in these years, she has only expenses and no income, and the price of a fashion show has dropped from more than one million to hundreds of thousands or even hundreds of thousands.
You know, there is no shortage of female stars these days, if there is no exposure. Maybe in a few years, her appearance fee may be only tens of thousands of yuan.
After Ni Zheng made a promise and swore, he borrowed 20 million Hong Kong dollars from Zhou Huimin.
Ni Zheng, who was unwilling to give up, found someone from Heji and mortgaged his company for 30 million Hong Kong dollars. Before he invested the money in the stock market, the stocks he held rose from 2.2 yuan to 2.8 yuan.
Ni Zheng, who was full of regret, used all the 100 million Hong Kong dollars he raised to invest in the stock market. He directly dropped the price of the original 2.8 yuan stocks to 3.2 yuan.
Seeing that his stocks were rising on the market, Ni Zheng was so happy. Although he had played with many women, others came for his father's fame, unlike other family children who did not need any support from their parents.
People only need to stand there and people will compliment them, which made Ni Zheng very jealous. So he has always had the obsession of wanting to enter the "upper class".
"Brother Zheng, you are here. How many times do you plan to use leverage this time?" A younger brother of Heji said with a smile. They are responsible for providing leverage to people in the business hall, but the interest rate is much higher than that of the bank.
There is no way, few people can get the high leverage of the bank, so the boss of Heji came up with the idea of opening a private investment company to provide leverage funds for these people.
Of course, Heji also cannot do without the support of big families. Behind Heji are the Li family and the Li family. With the financial support of these two big families, the people of Heji have a smooth life.
"This time I want 10 times leverage and 100 million margin." Ni Zheng said straightforwardly.
"Wow, brother Zheng is awesome, please wait for me to contact you." The younger brother was surprised and went to find the manager.
After confirming that the margin was in place, Ni Zheng began to operate his own account. He used the safer 5 times leverage for the nearly 200 million funds before.
This time, the 100 million funds were used 10 times. If the stock falls by 9%, he will be forced to liquidate. If he does not replenish funds, the 1% will be deducted as management fees.
If you can continue to provide margin, you can continue to hold it. And so on, until the collapse. Arrogant Ni Zheng directly found the person in charge and asked him to transfer his previous 200 million funds to 10 times leverage.
The person in charge also wanted to persuade Ni Zheng to be safer. But Ni Zheng, who was only interested in getting rich, didn't care so much. So the person in charge reluctantly raised the fund ratio to 10 times.
With "3 billion" funds in hand, Ni Zheng felt how high-spirited he was at the moment, with a domineering momentum.
"Haha, it's up again, up again." Ni Zheng was so excited that he jumped for joy at the big market that he had forcibly pulled up.
Poor Ni Zheng still underestimated the strength of international short sellers. After they received the news, they were shorting Guo's stocks at this moment, but who would have thought that a "fat sheep" would suddenly jump out.
In a business hall in Beijing, China, a middle-aged bald man sneered: "Haha, you are a fool. Xiao Fang, keep buying low."
A securities company in Japan: "Yoshi, keep buying low and don't let him run away."
Korean: "Go ahead, catch him."
Europe: "Another fish has taken the bait."
The heads of the Tiger Fund and Quantum Fund in the United States sneered at the same time and began to continue their layout silently.
The small shorts only took a fancy to Ni Zheng's 3 billion funds, while the international big shorts were eyeing the fragile Hong Kong stocks. Although they were forced to leave last time, it did not prevent them from returning to take another bite.
Their target is the four major families in Hong Kong, not Ni Zheng's mere 3 billion funds.
A huge net quietly engulfed the entire Hong Kong. What was surprising was that the mainland national team also participated in the short selling this time. The four major families in Hong Kong went too far. This time was a lesson for them.
On the 18th floor of the WF Building in Magic City, Zhao Laoge took a puff of cigarette, slowly exhaled and said, "Let's start."
A bloodless killing began.
Ni Zheng's stock, which had already rushed to 3.8 yuan, suddenly fell sharply. It fell below 3 yuan and fell towards the price of 2 yuan.
Before Ni Zheng could react, the Hong Kong stock index also began to fall sharply with the decline of stocks. The Hong Kong stock index of 18970.599 fell sharply to 18588.36.
Then, without any surprise, Ni Zheng's position was liquidated. When he lost 9 points, Ni Zheng's account had been forced to close by the investment company. Looking at the balance on the account: 0 yuan, Ni Zheng felt dizzy and fell down directly.
On a battlefield based on tens of billions of US dollars, Ni Zheng's 3 billion Hong Kong dollars was like a drop of water, and was divided up by the short sellers in an instant.
On this day, Hong Kong's financial companies were full of people. Some jumped off the building because of losses, some made so much money that their eyes were red. Some even went crazy.
Tang Wen pretended not to see all this. Since he chose to speculate in stocks, he had to bear the consequences himself. Tang Wen's investment company had a good time this time.
The Guo family was miserable, and their assets shrank by half. Fortunately, Guo Yi cut off his arm and filed for bankruptcy directly to save some of his industries.
This also proved from the side how fierce the participants were. The "late" ending of the mainland national team stopped this cruel division.
Under pressure, the Guo family released several pieces of land that had been suppressed for a long time to save some core industries.