At the same time, An Yirou, who was also present in Lu Ming's trading room, gradually became excited when she saw everyone staring at the trend chart on the screen, but she still didn't quite understand it, so she could not help asking Lu Ming in a low voice. : "Is a stronger Hibor good for us?"

Hearing this, Lu Ming nodded with a smile, and immediately explained the logic to his little girlfriend: "As expected of Yang's mother, as soon as she made a move, it was Wang Zhan, great force! Hibor's rise is definitely for those speculative capital who borrowed RMB and then sold short. It's a devastating blow. Because the increase in the interbank rate will make the cost of borrowing RMB skyrocket, and the increase in cost will immediately free up some profit margins, and they are paying interest every day."

Having said that, when he came to the lobby and sat down comfortably on the sofa, Lu Ming crossed Erlang's legs and watched the fluctuation trend of the main projection screen's beating graphics, adding: "The direct consequence of the compressed profit margin is that some relatively small Renminbi shorts will be the first to surrender, and they will quickly buy Renminbi from the market and close their short Renminbi positions to prevent the continued surge in Renminbi financing costs in the future, which will lead to more serious losses or even the risk of losing everything.”

While Lu Ming was teaching his little girlfriend on the spot, he kept his eyes fixed on the offshore exchange rate trend displayed on the vote. At this moment, he started to look up quickly. Lu Ming couldn't help showing a smile, which meant that Tiansheng Capital ’s profits are soaring, while continuing:

"There are signs... Where did you just say? Oh yes, when some short positions take the rhythm of liquidating positions, as soon as differences arise, they will soon destroy the short-selling consensus reached by various international short-selling capitals. In order not to be liquidated, they You have to buy renminbi to close your positions, so that creates more investors buying renminbi, which in turn helps the renminbi to go higher.”

"And closing the short position is equivalent to making a long RMB, huh, so the so-called unbreakable interest alliance collapsed in an instant. The management's move is really a slap in the face and a thousand pounds. These robbers are all selfish. Profitable speculators, all of them are willing to take the lead in the fight against the wind, and they are the first to slip away in the headwind, and the dead friends are not the masters of the poor."

An Yirou nodded thoughtfully, "So that's the case..."

At this moment, Qi Wei in the lobby stared at the disk and couldn't help but said excitedly: "Mr. Lu, our floating profit has turned from loss to profit! The offshore exchange rate is skyrocketing, and it has appreciated by 389 basis points, which is very strong. The short squeeze trend!"

All the funds involved are top players. To put it vernacularly, they are the best grassroots. Once there is any trouble, it is just one word - run!

Once it is confirmed that the situation has reversed, the flesh has to run, and the decisiveness is outrageous.

One thing is certain, their reaction speed and sense of risk are indeed not comparable to retail investors. After all, behind every short position is an institutional team.

My rabbit has always made plans and then moved. At that time, the big A has come to around 3000 points, and will soon lie down below 3000 points.

At the same time, the circulation channel of speculative capital was blocked early, and then they found their positions in Xiangjiang, and then bought a large amount of RMB in a flash, which directly caused a shortage of RMB in the market, and the sudden scarcity of RMB in the market caused a skyrocketing rise. Nightmare, if it continues to rise, the only result will be the liquidation of the liquidation, and it will be lost.

Really panicked now!

At this moment, Lu Ming held a large amount of renminbi at the floor price, waiting for this moment. In order to close the position and reduce the risk, the short-selling institutions are robbing renminbi in the market, which further promotes the price rise.

Lu Ming has a lot of renminbi in his hands, but he does not close his positions, because the inter-bank lending profits are soaring wildly. You are willing to pay a high price, and he is willing to pay a higher price, but the sellers in the market are scarce, and the result is that the price is getting higher and higher. This is the simplest logic of supply and demand.

On Monday, January 11, as Zhong Zixing disappeared in the market, the bears were looking for RMB everywhere but couldn't, and they were in a hurry like ants on a hot pot.

The offshore RMB exchange rate soared and appreciated by 846 basis points throughout the day today, and the closing water level reached 6.6021. The onshore and offshore exchange rate gap, which originally exceeded more than 2,000 basis points, dropped sharply to about 400 basis points in one day today. The arbitrage space has narrowed considerably.

And the entire short party began to enter a collective panic, and turned on the fast running mode!

These short-selling institutions are chasing up and down, and the retail investors of the big A are all experts. Once they confirm that they will cut the meat, they will not hesitate, and will not hesitate to pay.

Even Lu Ming will not be an exception to this situation. As long as it is confirmed that there is a reversal, he will be unequivocal in cutting the flesh. Because in the foreign exchange market where there is no limit to fluctuations, the consequence of indecision is the loss of the underwear. If the rhythm is dropped, then it will not be cutting the flesh, but will be eliminated on the spot.

...

Tuesday, January 12.

Lu Ming came to the trading hall of the cubicle meeting room. When he came in, he saw that the team members were all excited. Qi Wei couldn't hide his excitement when he saw the boss:

"Mr. Lu, it's unbelievable. The firmness of the shorts to close their positions is incredible. Hibor's borrowing rate today has soared to an unprecedented high, and it has reached a trend that has not yet fallen back."

Lu Ming couldn't help flipping through the memory information of the previous life in his mind. Hibor's lending rate once reached Lu Ming and looked at the current market trend, because his intervention would definitely reach a new high in the previous life.

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After a while, Lu Mingyan came to a succinct conclusion: "It should be about 75%, and some short positions have already started to blow up, very good, brothers, listen carefully, and start preparing to harvest and cash in profits today, this time is super big meat, Take out Wall Street's panties!"

The team present wanted to scream with excitement. These days, the blood was really boiling. It smashed Wall Street and smashed their heads. It was a dream-like experience.

What is the concept of the 75% lending rate?

This means that international short speculative capitals want to buy RMB in the Hong Kong market to close their current short positions, and the interest cost they need to pay is at least 75% of the money, even if the interest rate is illegal usury. weeping.

No way, the bears can only buy RMB from the Xiangjiang market, and other places have been blocked by Yangma. At this time, they finally realized that they have painstakingly prepared a lot of funds and spent a lot of energy planning, with the help of the rare 811 exchange in the mainland. When I changed the timing, I wanted to make a big buck, but I never thought that the opponent had already set up a net, waiting for them to jump in.

This is really a dead end. The short funds here are buried alive, and the long funds in the mainland capital market are also buried alive.

Today, the big A has been lying down below 3000 points. The big A has almost buried himself on the top of the mountain from 5178. There are no exceptions for retail investors, domestic institutions, and overseas funds.

The speed of the sell-off is that you can't run away at all~www.novelmt.com~ Want to run? Hehe, I can't think of it. Big A lay down ahead of the US dollar interest rate hike, and lay down firmly, quickly, and thoroughly. The boost of a wave of major meltdowns at the beginning of this year directly fell below 3,000 points.

The foreign capital will either cut the meat and admit the loss, or just stand guard at the top of the mountain.

Today, Hibor's overnight lending rate soared to the point where the offshore RMB exchange rate appreciated again by 225 basis points, closing at 6.5796.

After the RMB exchange rate has basically recovered the lost ground since the beginning of the year, the difference between the onshore and offshore exchange rates has narrowed to 50 basis points. In other words, compared with the original exchange rate, the current exchange rate difference of RMB is only 5%. There is no arbitrage ** at all at a glance at the foreign exchange difference.

...

(Ps: I admit, the promise of 100 monthly tickets plus changes is too much, and the speed of fulfillment will never be able to catch up. If time can go back to yesterday, I will definitely change to 200 votes, no, 300 votes plus change, a misstep, a serious misstep Ah, I thought that dozens of manuscripts will be published regularly, and 2 chapters will be updated every day, and you can roam without coding for a month. What a perfect plan, this is really a donkey for the production team...)

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