Chapter 593 This Is Not an Investment, This Is Picking up Money
Excluding some unsuccessful attempts in the stock market during the period of the Republic of China, counting from the mid-December of 1990 when the Shanghai Stock Exchange officially opened for business, as of now, the domestic securities market has only gone 10 years.
As for Europe and the United States, they have been playing stocks for more than two centuries. Whether it is good experience or bad experience, we are far behind others.
At this time, those who study abroad either stay in developed countries to contribute, or, like Mr. Zhang from UBS Warburg, hang out in Hong Kong and Singapore, where the stock market is completely in line with international standards.
Because our Shanghai and Shenzhen stock markets are stock markets with Chinese characteristics, and they are not fully open to foreign capital, they are not very adaptable.
From this point of view, there are really not many domestic talents who really understand the international stock market. Therefore, most people don't know much about short selling and malicious short selling.
Maybe, many people in charge of the securities department of listed companies in central enterprises do not have the experience of Feng Yiping.
Around 2008, when all people speculated in stocks, he picked up a few books about stocks from the pile of books in the bookstore and studied them, to find reasons for himself to enter the stock market, and also for the possibility of losing money in the future—— The result is a loss and making excuses.
He read those books seriously. While teaching himself to literacy, he also read many classic cases.
Among them is the perfect, successful, and classic sniper battle about China Mobile. He has watched it several times. , So Feng Yiping may not be as clear as those traders about this matter and the specific process, but in the end, he is more clear than those traders.
Shorting and malicious shorting have actually been going on all the time. Those international investment banks have been shorting even A-shares, and now they are shorting a stock like China Mobile, which is listed in Hong Kong, a market that is completely in line with international standards. Don't be too easy.
In addition, central enterprises have always maintained their own identity and put prudence first when doing things. Therefore, this time, overseas investment banks have played a trick.
Later, there were many examples of successful counterattacks in China. For example, before Feng Yiping was reborn, Evergrande, a well-known domestic real estate company in Yangcheng, was targeted by the American short-selling agency Citron and sniped once.
Similar to their short-selling method this time, Citron also released a lot of wrong information first, such as insolvency and suspected fraud, which misled investors and caused Evergrande’s stock price to plummet by 19.6% that day.
However, Evergrande responded quickly. Only one and a half hours later, it issued a clarification announcement, refusing each item one by one. Three hours later, the chairman of the company's board of directors led a conference call with securities analysts and received support from many investment banks. In the end, he successfully won a defense battle.
However, Feng Yiping, a commoner like Feng Yiping, has no time to worry about these things now. Not to mention that China Mobile has suffered such a big loss, the key is being slapped in the face internationally, which makes the face of relevant domestic departments go. ? This time, it is estimated that they are gnashing their teeth to learn the lesson, and find a way to train relevant talents!
However, at the beginning, the students definitely couldn't keep up with the teacher, so most people should think that this matter has come to an end. It is estimated that there are not many people now, and it can be seen that the next step that those traders are most looking forward to is coming as scheduled
This is what Feng Yiping is looking forward to!
On the 29th, Wednesday, Feng Yiping flew to Singapore at noon. This time, he came for a big event.
It's really a big deal, he will use the more than 100 million U.S. dollars raised in his hands to go long on the Hang Seng Index futures.
Since it is the Hang Seng Index, why not do it in Hong Kong?
There are many reasons. For example, Hong Kong has restrictions on the number of HSI futures contracts held by each institution, which does not meet Feng Yiping's idea of doing something big.
And Singapore is the largest OTC market in Asia. Here, contracts worth hundreds of millions of dollars are also accepted by companies.
More importantly, no accidents, this will be a bumper harvest. If it is operated in Hong Kong, I am afraid that Feng Yiping will get a title similar to "Stock God".
Whether in Hong Kong or in China, such a title is a source of trouble. Feng Yiping just wants to hitch a ride in peace and make quick money. He doesn't want to make a name for himself.
As for this time, how big can Feng Yiping go? For HSI futures, the margin is less than 10%. To be specific, the leverage ratio is 16. Later, I saw a skit, which said that playing mahjong can make 100 million floating by 1 billion. This time, he can make 100 million floating by 16 100 million!
Please note that the unit is USD!
The Four Seasons Hotel next to the Orchard Road shopping district in the Lion City. This is the central area of the central area. It takes only 5 minutes to reach the financial district. In the luxurious suite on the 20th floor on the top floor, Feng Yiping, who does as the Romans does, wears a local characteristic floral shirt , lying on the large sofa on the observation deck, staring at the computer screen.
As the minister of the Ministry of Information Industry appeared in person to speak, in the past two days, mobile stocks have slowly rebounded. However, because the rebound rate is not too large, and the Hang Seng Index is closely related to the US stock market, some people even say that the Hang Seng Index reflects the US market first. Changes in the local market followed by changes in the local market. Just today, the U.S. stock market fell slightly, so the Hang Seng Index did not rise much.
Feng Yiping is eagerly looking forward to the arrival of December 1st.
On the evening of November 30th, the news about the U.S. stock market was not optimistic for most people. The Nasdaq index fell by more than 100 points. For Feng Yiping, this was great news, which meant that So, most people would never have imagined the abnormal changes in the Hang Seng Index tomorrow.
On December 1st, Singapore, which is in the rainy season, was a rare sunny day today, with a minimum temperature of 24 degrees and a bit muggy.
Feng Yiping got up early in the morning, ate a few pieces of bread absent-mindedly, and then walked up and down on the viewing platform, looking at the computer screen for a while, and then at the city skyline.
Since the opening of the market at 9:45, mobile stocks have risen significantly, and by 12:30 noon, they have risen by nearly 4 percentage points!
The stock price of China Mobile rose sharply, driving the Hang Seng Index up by nearly 200 points!
Feng Yiping was so happy that he screamed again and again, and on a whim, he was still on the ground and turned two somersaults that were not very successful.
At this time, there are also many people, like him, who are also celebrating with each other.
This is the second and last stage of the chain plan for those traders who snipe at mobile stocks, and it is also the most profitable stage.
Short selling mobile stocks is only the first step. Waiting for the stock price of China Mobile to rebound and drive the Hang Seng Index to rise, so as to make a profit by longing the Hang Seng Index is the second step and the ultimate goal of their plan.
Why does the rise in China Mobile's stock price drive the Hang Seng Index up? Since the second allotment in October, China Mobile's total tradable shares and total market capitalization have accounted for 1/4 of the Hang Seng Index.
After the market opened at 2:30 in the afternoon, as expected, the stock price of China Mobile continued to rise steadily, and the Hang Seng Index also rose all the way. At this time, Feng Yiping's hands were flushed. It rose by 7%, and the Hang Seng Index also rose anomalously by 400 points!
Hearing the feedback that all futures and index contracts had been delivered, Feng Yiping casually dropped his phone, screamed "Wow", and rolled on the bed.
I am so happy!
He has calculated this account many times these days, and when his prediction became a reality, he couldn't help but calculate it again.
The Hang Seng Index is now less than 20,000 points, 1.50 Hong Kong dollars, the value of one contract is less than 1 million Hong Kong dollars, and the deposit is less than 60,000 Hong Kong dollars. All of his contracts have increased by around 400 points, that is, one lot The contract has a profit of about 20,000 Hong Kong dollars, that is, the profit is more than 1/3, that is, the total profit today is more than 1/3 of the 1.6 billion US dollars. Excluding various expenses, it is properly earned 500 million !
Oh, a small addition, the unit is US dollars!
This is not an investment, this is more like picking up money!
And those traders who have worked hard for at least half a year don't know how much the Hang Seng Index will rise today like Feng Yiping. It is estimated that their combined profit is not as much as Feng Yiping alone.
However, although the US$500 million may seem like a lot, it is still inconspicuous compared to the daily trading volume of the Hang Seng Index, which is hundreds of billions of Hong Kong dollars. In the big market of Singapore, there is at most a splash, and he I carefully selected more than a dozen companies to trade, with an average of tens of millions each.
Therefore, there will be no future troubles!
Feng Yiping once again felt that walking is floating. Although the difference between 60 million US dollars and 600 million US dollars in the account is only a zero, it is a big difference.
In other words, regardless of those invisible rich families, according to the mainland rich list disclosed by Forbes last year, the assets he currently owns should be firmly in the top three, and he is in the second place.
In other words, if you don't consider other factors, you can buy a private jet for fun now.
In other words, starting tomorrow, he will go to UBS to do business again, and his voice can be louder.
... ... ...
Feng Yiping, who was so happy that he couldn't express it, lay on the ground without feeling embarrassed at all, looking around for the mobile phone he had thrown away just now, and it took him a long time to realize that he was so happy that he was confused. Then, he used the landline to dial his mobile phone, and finally found it under the sofa.
Then, starting with his parents, he called one by one. Of course he couldn’t talk about what happened today, but it didn’t affect him and everyone, chatting with each other for more than ten minutes with enthusiasm and joy. As for the usual pain International roaming fees are also left behind at this time.
Knowing his son Mo Ruofu, he hung up the phone, and Feng Zhenchang asked, "Did Yiping accomplish something important?"
After sharing his indescribable but comprehensible happiness with everyone, Feng Yiping, who was at most a middle-class man, went blank in his mind. After being extremely excited, he was extremely tired, and he was always extremely satisfied. Think, can you stop working hard? Stop there?
Then, he thought of the dream he had always had. For him personally, the money was huge, but for what he wanted to do, it was still far away.
"Keep working hard, Feng Yiping," he said to himself with clenched fists.