Rebirth of Hong Kong 1981

  Chapter 408 Hang Seng Index fell

  In the securities trading room of HSBC

   He Hongtao and other traders are all ready to stick to their posts. After the 1,800-point impact of the Hang Seng Index, everyone is worried about whether the Hang Seng Index will rise or fall next.

  Although these people have already made money, if they can make more money, I believe no one will refuse.

  Compared to He Hongtao and others, Yang Chen continued to sit in the leisure area and drink tea.

  Beside him, He Chaoqiong, who was a little nervous at first, felt a lot calmer when he saw him like this.

   At times like this, as long as Yang Chen is by her side, she doesn't need to face that huge pressure alone, but even so, it's not hard to see her nervousness from the fact that she looks at the data screen from time to time.

   Yang Chen's short sale this time has a contract date limit. Under the circumstance that the Hang Seng Index rises, it is impossible for the broker to agree to cancel the contract in advance.

   Unless it is a fall or a slump, if Yang Chen offers to end the contract, the brokerage may agree.

   With the previous upward trend of the Hang Seng Index, a few months are enough for the Hang Seng Index to break through 2,000, or even higher, then they will not lose a single star.

   With a loss of several billions, even if Yang Chen made a big profit before, He Chaoqiong would still feel pain.

   "Uncle Tao, how long until the market opens?" Yang Chen touched his wrist and forgot to wear his watch today.

   He Hongtao said: "Boss, there are still three minutes."

  He Hongtao was in a bit of a bad state today, mainly because he was too nervous the night before. Before the market closed on Friday, the Hang Seng Index was still rising. In his opinion, it may rise again on Monday.

   After Yang Chen sent them the red envelope that day, He Hongtao asked his wife to repay the rest of the house loan.

   In the past two days, the family is thinking about whether to continue to buy two more apartments. After all, the house price continues to rise, and the money is stored in the bank, so there is no way to invest money quickly.

   In addition, the two children are about to go to college. After graduation, they also need a place to live, so they can't live at home all the time.

   When it comes to investing, there are a few traders who want to gamble with Yang Chen, but unfortunately, these people have contract restrictions and can't follow the customer.

   However, being able to make so much money in a few months, these people are already very satisfied.

   There are old and young in the family. Traders are most aware of the risks of the stock market. Many people help others to invest in stocks, but they do not invest a penny. Such people abound.

  Three minutes, the time for a cup of tea on weekdays, at this moment, seems extraordinarily long.

  In the office of the President of HSBC, the Taipan Wang did not listen to the secretary's report on the day's work schedule as in the past, but sat quietly on the chair and stared at the clock on the office wall.

   He didn't know what to say about Yang Chen's long end and backhand short. He had already made billions, but he was still not satisfied. The madness of the young man, he saw it today.

   Although Shen Porridge is the leader of HSBC, HSBC is not 100% sure that the Hang Seng Index will fall.

   The biggest impact of the stock market crash is on banks, especially in the territory of Hong Kong. After each stock market crash, several banks will fail.

   Unlike other companies, once a bank encounters a shortage of funds, it will not collapse in the blink of an eye like ordinary public companies.

  The bank is out of money. As long as the depositors are still there, they will still have stable capital inflows every month. However, once the outflow is greater than the inflow, and a run is encountered, the problem will come.

   If the depositor cannot withdraw the money, then the bank credit will go bankrupt, and it will be a matter of time sooner or later that it will be merged by a big bank.

   Therefore, under normal circumstances, every time a stock market crash occurs, the companies that are related to the stock market crash must be listed first, followed by all walks of life, and finally banks.

  If someone is more careful, it is not difficult to find that every time the banking industry has a problem, it is basically when all walks of life begin to recover after the stock market crash.

   Sooner or later, when everyone needs money to reactivate the economic market.

   Of course, a stock market crash usually does not affect a big bank like HSBC that has the right to issue banknotes. No matter how big the stock market crash is, the Governor's Office will not let the banknote-issuing bank have an accident.

  Look at the Federal Reserve. Since the founding of the United States, the stock market crash has experienced countless times. How many banks have had accidents because of the stock market crash, but the Federal Reserve has remained standing.

The reason    is nothing more than that it has the power to issue money. As long as it can print US dollars, the Fed will not be short of money, and it will not be afraid of running.

   Of course, the fact that they will not go bankrupt does not mean that they can be reckless. On the contrary, banks like HSBC and the Federal Reserve, which have the power to issue money, will be more careful than any bank in every stock market crash.

   Because once they go wrong, the financial system of the whole region and even the country will go wrong,

  From the beginning of the ship disaster, HSBC supported the ship charter king to go ashore and withdraw funds from the shipping industry little by little. It is not difficult to see that HSBC is careful in this.

   For Yang Chen, the young man he valued, Shen Cong didn't dare to comment on him now, because no one knew what the other party would do in the next second, causing his worth to skyrocket or plummet.

  The stock market, this is not only a technical job, but also a job with super high risks. Once you make a mistake in your judgment, you will think of heaven and hell.

  Fortunately, Yang Chen knew what it meant to be enough, and he didn't have unlimited greed. Otherwise, the King of the Great Pan wouldn't just watch it like this.

   Time passes by every minute and every second. .

   Under the expectation of everyone, on the big screen, the stopped characters began to jump.

  Like the human heart, the beating of every number on the market is restraining people's nerves.

   Ten minutes after the market opened, the Hang Seng index did not rise at all, and the small index went back and forth for a long time, and everyone who watched it was about to fight.

   Seeing that the Hang Seng Index hadn't fallen, Yang Chen's eyelids couldn't help but start to jump.

   Before he was long, the Hang Seng Index did not change anything because of his big butterfly. The Banking Association raised interest rates, and there was no change.

   Not surprisingly, the Hang Seng Index will definitely be affected by the interest rate hike today, and then it will fall. As for the magnitude of the decline, he does not know and cannot guarantee it.

   He only knew that by the end of the year, the Hang Seng Index would at least drop to around 1,000 points, a drop of nearly 50%.

   Twenty minutes later, the stalemate of the Hang Seng Index was finally broken, and the Hang Seng Index began to fall inexplicably.

   It was the small index that started to fall, followed by the large index that also began to fall.

   "It fell, it really fell!"

  He Hongtao couldn't believe his eyes when he saw that the Hang Seng Index fell inexplicably.

   took off his glasses and wiped them, only to see that the Hang Seng Index was really falling, He Hongtao turned his head and looked at Yang Chen with a look of disbelief.

  'How could my boss know that the Hang Seng Index will fall? ’

The idea of ​​   appeared in He Hongtao's mind and lingered.

  ——

   (end of this chapter)