Chapter 499: 499
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Yang Jing suddenly announced that she would be ready to rescue the market, which is undoubtedly good news for Henry and David, but it is not good news for Cesar who are immersed in reaping huge profits.
As a trader who likes to play in the black swan market, Cesar insists that in the financial market, there can be no softness, which can only bring disaster.
Although Cesar is also very clear that the global slump like today will never last long, according to the current situation, even if it persists to today's closing, the benefit of the Dragon Fund will be much more than that now.
Therefore, Cesar looked at Yang Jing with a puzzled expression, as if asking "why".
Yang Jing raised her hand and looked at her wristwatch. She knew that another wave of general trend was coming. It was absolutely impossible to act against the trend at this time. It would make her head broken and bleeding.
Still, following the trend is the best choice a top speculator can make.
So Yang Jing said decisively to Cesar: "order, close all positions, backhand long!"
He got a positive answer from Yang Jing, and Cesar couldn't hold his breath now.
"Boss, why close the position now? According to the current trend, there is a great possibility that the market will continue to fall. Don't we backhand long..."
Yang Jing looked at Cesar and said with great certainty, "give orders first. You'll know the reason in a moment."
Although Cesar was puzzled by Yang Jing's order, he still executed it well.
Under the command of Cesar, the traders who controlled hundreds of accounts scattered in dozens of countries around the world began to act quickly. Within a few minutes, a large number of long contracts suddenly appeared.
Closing short contracts is equivalent to going long.
In this market, long contracts will not appear at all, and no one will be long at this time. But there are a lot of short contracts waiting to be traded. These short contracts can't be traded at all. The selling price is too large, and the market has been in a downward trend. If anyone sells the short contracts in his hand at this time, he is doing something stupid.
Therefore, these short contracts thrown out by Cesar were quickly digested by the huge market. At the same time, these traders also controlled those accounts and began to crazy establish long positions.
There are many investors and investment institutions who want to sell their long contracts in the market, so the long positions of Dragon Fund are established smoothly. Almost as long as you hang up a long contract, you can close the deal immediately.
Seeing that the time is about to pass 14 o'clock, the long position of Dragon Fund is almost established. At this time, Yang Jing asked David Anderson to announce as the CEO of KY investment fund that KY investment fund will invest no less than $8 billion to buy back shares.
KY investment fund currently holds the shares of as many as 27 companies. Even the company with the least shareholding ratio, the shareholding ratio of KY investment fund also exceeds 1%.
The shareholding ratio of 1% is not a major shareholder, but it can definitely be regarded as a major shareholder. At the moment when all kinds of stocks plummeted, KY fund dared to invest so much money to buy back shares. This move was immediately supported by all shareholders of the 27 companies.
In today's stock market crash, the major blue chips were the absolute hardest hit areas. On average, the valuation of each blue chip plunged 30%, such as general electric fell 33.1%, ATT fell 29.5%, Coca Cola fell 36.5%, Westinghouse fell 45.8%, express fell 38.8%, Boeing fell 29.9%, * * * * fell 32.4%, Citibank fell 34.6%, Alcoa fell 41.3% and IBM fell 29.6%, GM fell 35.8%
If the share price keeps falling like this, the wealth of these shareholders will also shrink seriously. As for those retail investors, they are eager to sell their stocks now. Now the stocks of these companies are like hot potato. It's hard for anyone to hold them in his hand.
Many minority shareholders even couldn't resist the torture of the sharp decline in share prices, and sold their stocks one after another. Then these sold stocks were steadily brought into their arms by KY investment fund.
The stock repurchase of up to $8 billion was like a shot in the arm, which immediately made the stock prices of these companies that were dying suddenly rise. Yang Jing's money is amazing, and now the stock prices of these companies have plummeted surprisingly. When the two met, KY investment fund soon bought a large number of stocks in the market.
For example, KY fund originally only controlled 1.2% of GE's shares, and this proportion rose to 6.8% in less than ten minutes. After submitting relevant procedures to the securities and Exchange Regulatory Commission, that is, the SEC, KY investment fund immediately became the largest shareholder of Ge.
In addition, there are general motors, ATT, * * * *, Citibank, etc. anyway, among the 27 companies designated by Yang Jing, except Berkshire Hathaway, KY investment fund has become the largest shareholding investment institution of the other 26 companies in the twinkling of an eye.
The share prices of these 27 companies also began to rise wildly due to the influx of funds, and the whole U.S. stock market began to stabilize and recover.
In fact, even if Yang Jing doesn't buy back the shares of these companies, the U.S. stock market will start to pick up after 14 o'clock that day. It once soared 350 points, crossing the 2000 point mark.
Although the market began to fall again within an hour and a half and finally closed at 1738.74, it is an indisputable fact that the market began to rebound.
Yang Jing from the future knows the trend of the U.S. stock market on Black Monday, so he doesn't mind pushing it when the market starts to rebound. Anyway, the long position of Dragon Fund is about 1700. Even if the market rebound ends and continues to fall, it's a big deal to lock the position.
Anyway, tomorrow and the day after tomorrow, the U.S. stock market will rebound, a total of nearly 300 points, and finally stand above the 2000 point mark, so Yang Jing is not worried about the problem of backhand.
Generally speaking, although Black Monday is terrible and has brought great panic to the market, investors in the United States and around the world still maintain sufficient confidence in the U.S. economy. It doesn't matter that the market plummeted all day. We can find it slowly! Anyway, the economic fundamentals of the United States are here. Can the market slump every day?
After all, the U.S. economy is not a Japanese economy. The Japanese stock market has fallen for several years since 1989. That's because the Japanese economy really can't work. However, in the United States, the economic fundamentals are good, so the slump can only cause temporary panic. When investor confidence is re established, the U.S. stock market will pick up again.
Yang Jing backhanded long and announced to buy back the company's shares with a large amount of money, which is actually an operation means to follow the trend. As long as the market can rebound, it doesn't matter if it falls again.
In fact, the market fell again after 2:30 in the original time and space, which is more a technical callback. Many investment institutions will decisively establish long positions when they see the market rebound, which will lead to the market rebound as high as 350 points in a very short time. But similarly, when the market rebounds to such a high position, those investment institutions are bound to take profits, and then a large number of long position closing actions, like short positions, directly suppress the newly pulled market again.
Yang Jing's position in establishing long positions is very low, which is much lower than that of most investment institutions. Even if the market falls to 1738 closing according to the original time and space trend, Yang Jing is not afraid.
The most important thing is that Yang Jing is very satisfied that he has bought a large number of shares of 27 companies today. Even if he has paid tens of billions of dollars for this, Yang Jing is also very satisfied.
The shares of these companies have been very popular in recent years.
For example, general motors and Ford, in the 1980s and even the early 1990s, the automobile manufacturing industry was still the most competitive enterprise, even better than those bank stocks. During this period, whether general motors or Ford, they are the companies that dominate the top 500 in the United States all the year round.
Even around the world, automobile manufacturing companies are well deserved to be the best companies in this era. Volkswagen, Toyota and other automobile manufacturing companies, which is not one of the largest companies in the world?
Even if automobile manufacturing companies fail in the future, and many companies even go bankrupt, this industry still occupies a pivotal position in the global industry.
The reason why Yang Jing wants to buy the shares of these companies is not only to make money, but also to obtain a high political status.
Just like the automobile manufacturing industry, if Yang Jing becomes the major shareholder of automobile giants such as general motors, Ford and Volkswagen, few people dare to touch Yang Jing in the United States and even Europe.
Although the automobile manufacturing industry began to decline in the new century, it involved too many workers. Just as GM has more than 300000 employees, Ford has more than 400000 employees, ranking the second largest industrial enterprise in the United States in 1988.
How many votes can these employees and their families provide? That's what those congressmen and even the president care about most.
Once Yang Jing can become the major shareholder of these large companies, it goes without saying that every election, whether senators, representatives or even presidential voters have to rush to curry favor with Yang Jing.
Shit, if you don't flatter me, I'll let you lose your vote!
Don't believe it? If you don't believe it, try it! See if those workers are willing to listen to me, the major shareholder who can bring tangible benefits to them, or to the illusory promises of you politicians?
Please report us if you find any errors so we can fix it asap!
Yang Jing suddenly announced that she would be ready to rescue the market, which is undoubtedly good news for Henry and David, but it is not good news for Cesar who are immersed in reaping huge profits.
As a trader who likes to play in the black swan market, Cesar insists that in the financial market, there can be no softness, which can only bring disaster.
Although Cesar is also very clear that the global slump like today will never last long, according to the current situation, even if it persists to today's closing, the benefit of the Dragon Fund will be much more than that now.
Therefore, Cesar looked at Yang Jing with a puzzled expression, as if asking "why".
Yang Jing raised her hand and looked at her wristwatch. She knew that another wave of general trend was coming. It was absolutely impossible to act against the trend at this time. It would make her head broken and bleeding.
Still, following the trend is the best choice a top speculator can make.
So Yang Jing said decisively to Cesar: "order, close all positions, backhand long!"
He got a positive answer from Yang Jing, and Cesar couldn't hold his breath now.
"Boss, why close the position now? According to the current trend, there is a great possibility that the market will continue to fall. Don't we backhand long..."
Yang Jing looked at Cesar and said with great certainty, "give orders first. You'll know the reason in a moment."
Although Cesar was puzzled by Yang Jing's order, he still executed it well.
Under the command of Cesar, the traders who controlled hundreds of accounts scattered in dozens of countries around the world began to act quickly. Within a few minutes, a large number of long contracts suddenly appeared.
Closing short contracts is equivalent to going long.
In this market, long contracts will not appear at all, and no one will be long at this time. But there are a lot of short contracts waiting to be traded. These short contracts can't be traded at all. The selling price is too large, and the market has been in a downward trend. If anyone sells the short contracts in his hand at this time, he is doing something stupid.
Therefore, these short contracts thrown out by Cesar were quickly digested by the huge market. At the same time, these traders also controlled those accounts and began to crazy establish long positions.
There are many investors and investment institutions who want to sell their long contracts in the market, so the long positions of Dragon Fund are established smoothly. Almost as long as you hang up a long contract, you can close the deal immediately.
Seeing that the time is about to pass 14 o'clock, the long position of Dragon Fund is almost established. At this time, Yang Jing asked David Anderson to announce as the CEO of KY investment fund that KY investment fund will invest no less than $8 billion to buy back shares.
KY investment fund currently holds the shares of as many as 27 companies. Even the company with the least shareholding ratio, the shareholding ratio of KY investment fund also exceeds 1%.
The shareholding ratio of 1% is not a major shareholder, but it can definitely be regarded as a major shareholder. At the moment when all kinds of stocks plummeted, KY fund dared to invest so much money to buy back shares. This move was immediately supported by all shareholders of the 27 companies.
In today's stock market crash, the major blue chips were the absolute hardest hit areas. On average, the valuation of each blue chip plunged 30%, such as general electric fell 33.1%, ATT fell 29.5%, Coca Cola fell 36.5%, Westinghouse fell 45.8%, express fell 38.8%, Boeing fell 29.9%, * * * * fell 32.4%, Citibank fell 34.6%, Alcoa fell 41.3% and IBM fell 29.6%, GM fell 35.8%
If the share price keeps falling like this, the wealth of these shareholders will also shrink seriously. As for those retail investors, they are eager to sell their stocks now. Now the stocks of these companies are like hot potato. It's hard for anyone to hold them in his hand.
Many minority shareholders even couldn't resist the torture of the sharp decline in share prices, and sold their stocks one after another. Then these sold stocks were steadily brought into their arms by KY investment fund.
The stock repurchase of up to $8 billion was like a shot in the arm, which immediately made the stock prices of these companies that were dying suddenly rise. Yang Jing's money is amazing, and now the stock prices of these companies have plummeted surprisingly. When the two met, KY investment fund soon bought a large number of stocks in the market.
For example, KY fund originally only controlled 1.2% of GE's shares, and this proportion rose to 6.8% in less than ten minutes. After submitting relevant procedures to the securities and Exchange Regulatory Commission, that is, the SEC, KY investment fund immediately became the largest shareholder of Ge.
In addition, there are general motors, ATT, * * * *, Citibank, etc. anyway, among the 27 companies designated by Yang Jing, except Berkshire Hathaway, KY investment fund has become the largest shareholding investment institution of the other 26 companies in the twinkling of an eye.
The share prices of these 27 companies also began to rise wildly due to the influx of funds, and the whole U.S. stock market began to stabilize and recover.
In fact, even if Yang Jing doesn't buy back the shares of these companies, the U.S. stock market will start to pick up after 14 o'clock that day. It once soared 350 points, crossing the 2000 point mark.
Although the market began to fall again within an hour and a half and finally closed at 1738.74, it is an indisputable fact that the market began to rebound.
Yang Jing from the future knows the trend of the U.S. stock market on Black Monday, so he doesn't mind pushing it when the market starts to rebound. Anyway, the long position of Dragon Fund is about 1700. Even if the market rebound ends and continues to fall, it's a big deal to lock the position.
Anyway, tomorrow and the day after tomorrow, the U.S. stock market will rebound, a total of nearly 300 points, and finally stand above the 2000 point mark, so Yang Jing is not worried about the problem of backhand.
Generally speaking, although Black Monday is terrible and has brought great panic to the market, investors in the United States and around the world still maintain sufficient confidence in the U.S. economy. It doesn't matter that the market plummeted all day. We can find it slowly! Anyway, the economic fundamentals of the United States are here. Can the market slump every day?
After all, the U.S. economy is not a Japanese economy. The Japanese stock market has fallen for several years since 1989. That's because the Japanese economy really can't work. However, in the United States, the economic fundamentals are good, so the slump can only cause temporary panic. When investor confidence is re established, the U.S. stock market will pick up again.
Yang Jing backhanded long and announced to buy back the company's shares with a large amount of money, which is actually an operation means to follow the trend. As long as the market can rebound, it doesn't matter if it falls again.
In fact, the market fell again after 2:30 in the original time and space, which is more a technical callback. Many investment institutions will decisively establish long positions when they see the market rebound, which will lead to the market rebound as high as 350 points in a very short time. But similarly, when the market rebounds to such a high position, those investment institutions are bound to take profits, and then a large number of long position closing actions, like short positions, directly suppress the newly pulled market again.
Yang Jing's position in establishing long positions is very low, which is much lower than that of most investment institutions. Even if the market falls to 1738 closing according to the original time and space trend, Yang Jing is not afraid.
The most important thing is that Yang Jing is very satisfied that he has bought a large number of shares of 27 companies today. Even if he has paid tens of billions of dollars for this, Yang Jing is also very satisfied.
The shares of these companies have been very popular in recent years.
For example, general motors and Ford, in the 1980s and even the early 1990s, the automobile manufacturing industry was still the most competitive enterprise, even better than those bank stocks. During this period, whether general motors or Ford, they are the companies that dominate the top 500 in the United States all the year round.
Even around the world, automobile manufacturing companies are well deserved to be the best companies in this era. Volkswagen, Toyota and other automobile manufacturing companies, which is not one of the largest companies in the world?
Even if automobile manufacturing companies fail in the future, and many companies even go bankrupt, this industry still occupies a pivotal position in the global industry.
The reason why Yang Jing wants to buy the shares of these companies is not only to make money, but also to obtain a high political status.
Just like the automobile manufacturing industry, if Yang Jing becomes the major shareholder of automobile giants such as general motors, Ford and Volkswagen, few people dare to touch Yang Jing in the United States and even Europe.
Although the automobile manufacturing industry began to decline in the new century, it involved too many workers. Just as GM has more than 300000 employees, Ford has more than 400000 employees, ranking the second largest industrial enterprise in the United States in 1988.
How many votes can these employees and their families provide? That's what those congressmen and even the president care about most.
Once Yang Jing can become the major shareholder of these large companies, it goes without saying that every election, whether senators, representatives or even presidential voters have to rush to curry favor with Yang Jing.
Shit, if you don't flatter me, I'll let you lose your vote!
Don't believe it? If you don't believe it, try it! See if those workers are willing to listen to me, the major shareholder who can bring tangible benefits to them, or to the illusory promises of you politicians?
Yang Jing suddenly announced that she would be ready to rescue the market, which is undoubtedly good news for Henry and David, but it is not good news for Cesar who are immersed in reaping huge profits.As a trader who likes to play in the black swan market, Cesar insists that in the financial market, there can be no softness, which can only bring disaster.Although Cesar is also very clear that the global slump like today will never last long, according to the current situation, even if it persists to today's closing, the benefit of the Dragon Fund will be much more than that now.Therefore, Cesar looked at Yang Jing with a puzzled expression, as if asking "why".Yang Jing raised her hand and looked at her wristwatch. She knew that another wave of general trend was coming. It was absolutely impossible to act against the trend at this time. It would make her head broken and bleeding.Still, following the trend is the best choice a top speculator can make.So Yang Jing said decisively to Cesar: "order, close all positions, backhand long!"He got a positive answer from Yang Jing, and Cesar couldn't hold his breath now."Boss, why close the position now? According to the current trend, there is a great possibility that the market will continue to fall. Don't we backhand long..."Yang Jing looked at Cesar and said with great certainty, "give orders first. You'll know the reason in a moment."Although Cesar was puzzled by Yang Jing's order, he still executed it well.Under the command of Cesar, the traders who controlled hundreds of accounts scattered in dozens of countries around the world began to act quickly. Within a few minutes, a large number of long contracts suddenly appeared.Closing short contracts is equivalent to going long.In this market, long contracts will not appear at all, and no one will be long at this time. But there are a lot of short contracts waiting to be traded. These short contracts can't be traded at all. The selling price is too large, and the market has been in a downward trend. If anyone sells the short contracts in his hand at this time, he is doing something stupid.Therefore, these short contracts thrown out by Cesar were quickly digested by the huge market. At the same time, these traders also controlled those accounts and began to crazy establish long positions.There are many investors and investment institutions who want to sell their long contracts in the market, so the long positions of Dragon Fund are established smoothly. Almost as long as you hang up a long contract, you can close the deal immediately.Seeing that the time is about to pass 14 o'clock, the long position of Dragon Fund is almost established. At this time, Yang Jing asked David Anderson to announce as the CEO of KY investment fund that KY investment fund will invest no less than $8 billion to buy back shares.KY investment fund currently holds the shares of as many as 27 companies. Even the company with the least shareholding ratio, the shareholding ratio of KY investment fund also exceeds 1%.The shareholding ratio of 1% is not a major shareholder, but it can definitely be regarded as a major shareholder. At the moment when all kinds of stocks plummeted, KY fund dared to invest so much money to buy back shares. This move was immediately supported by all shareholders of the 27 companies.In today's stock market crash, the major blue chips were the absolute hardest hit areas. On average, the valuation of each blue chip plunged 30%, such as general electric fell 33.1%, ATT fell 29.5%, Coca Cola fell 36.5%, Westinghouse fell 45.8%, express fell 38.8%, Boeing fell 29.9%, * * * * fell 32.4%, Citibank fell 34.6%, Alcoa fell 41.3% and IBM fell 29.6%, GM fell 35.8%If the share price keeps falling like this, the wealth of these shareholders will also shrink seriously. As for those retail investors, they are eager to sell their stocks now. Now the stocks of these companies are like hot potato. It's hard for anyone to hold them in his hand.Many minority shareholders even couldn't resist the torture of the sharp decline in share prices, and sold their stocks one after another. Then these sold stocks were steadily brought into their arms by KY investment fund.The stock repurchase of up to $8 billion was like a shot in the arm, which immediately made the stock prices of these companies that were dying suddenly rise. Yang Jing's money is amazing, and now the stock prices of these companies have plummeted surprisingly. When the two met, KY investment fund soon bought a large number of stocks in the market.For example, KY fund originally only controlled 1.2% of GE's shares, and this proportion rose to 6.8% in less than ten minutes. After submitting relevant procedures to the securities and Exchange Regulatory Commission, that is, the SEC, KY investment fund immediately became the largest shareholder of Ge.In addition, there are general motors, ATT, * * * *, Citibank, etc. anyway, among the 27 companies designated by Yang Jing, except Berkshire Hathaway, KY investment fund has become the largest shareholding investment institution of the other 26 companies in the twinkling of an eye.The share prices of these 27 companies also began to rise wildly due to the influx of funds, and the whole U.S. stock market began to stabilize and recover.In fact, even if Yang Jing doesn't buy back the shares of these companies, the U.S. stock market will start to pick up after 14 o'clock that day. It once soared 350 points, crossing the 2000 point mark.Although the market began to fall again within an hour and a half and finally closed at 1738.74, it is an indisputable fact that the market began to rebound.Yang Jing from the future knows the trend of the U.S. stock market on Black Monday, so he doesn't mind pushing it when the market starts to rebound. Anyway, the long position of Dragon Fund is about 1700. Even if the market rebound ends and continues to fall, it's a big deal to lock the position.Anyway, tomorrow and the day after tomorrow, the U.S. stock market will rebound, a total of nearly 300 points, and finally stand above the 2000 point mark, so Yang Jing is not worried about the problem of backhand.Generally speaking, although Black Monday is terrible and has brought great panic to the market, investors in the United States and around the world still maintain sufficient confidence in the U.S. economy. It doesn't matter that the market plummeted all day. We can find it slowly! Anyway, the economic fundamentals of the United States are here. Can the market slump every day?After all, the U.S. economy is not a Japanese economy. The Japanese stock market has fallen for several years since 1989. That's because the Japanese economy really can't work. However, in the United States, the economic fundamentals are good, so the slump can only cause temporary panic. When investor confidence is re established, the U.S. stock market will pick up again.Yang Jing backhanded long and announced to buy back the company's shares with a large amount of money, which is actually an operation means to follow the trend. As long as the market can rebound, it doesn't matter if it falls again.In fact, the market fell again after 2:30 in the original time and space, which is more a technical callback. Many investment institutions will decisively establish long positions when they see the market rebound, which will lead to the market rebound as high as 350 points in a very short time. But similarly, when the market rebounds to such a high position, those investment institutions are bound to take profits, and then a large number of long position closing actions, like short positions, directly suppress the newly pulled market again.Yang Jing's position in establishing long positions is very low, which is much lower than that of most investment institutions. Even if the market falls to 1738 closing according to the original time and space trend, Yang Jing is not afraid.The most important thing is that Yang Jing is very satisfied that he has bought a large number of shares of 27 companies today. Even if he has paid tens of billions of dollars for this, Yang Jing is also very satisfied.The shares of these companies have been very popular in recent years.For example, general motors and Ford, in the 1980s and even the early 1990s, the automobile manufacturing industry was still the most competitive enterprise, even better than those bank stocks. During this period, whether general motors or Ford, they are the companies that dominate the top 500 in the United States all the year round.Even around the world, automobile manufacturing companies are well deserved to be the best companies in this era. Volkswagen, Toyota and other automobile manufacturing companies, which is not one of the largest companies in the world?Even if automobile manufacturing companies fail in the future, and many companies even go bankrupt, this industry still occupies a pivotal position in the global industry.The reason why Yang Jing wants to buy the shares of these companies is not only to make money, but also to obtain a high political status.Just like the automobile manufacturing industry, if Yang Jing becomes the major shareholder of automobile giants such as general motors, Ford and Volkswagen, few people dare to touch Yang Jing in the United States and even Europe.Although the automobile manufacturing industry began to decline in the new century, it involved too many workers. Just as GM has more than 300000 employees, Ford has more than 400000 employees, ranking the second largest industrial enterprise in the United States in 1988.How many votes can these employees and their families provide? That's what those congressmen and even the president care about most.Once Yang Jing can become the major shareholder of these large companies, it goes without saying that every election, whether senators, representatives or even presidential voters have to rush to curry favor with Yang Jing.Shit, if you don't flatter me, I'll let you lose your vote!Don't believe it? If you don't believe it, try it! See if those workers are willing to listen to me, the major shareholder who can bring tangible benefits to them, or to the illusory promises of you politicians?
