nucmednet Chapter 345 Precision Sniping
Chapter 345 Precision Sniping
On the morning of February 18, the Mar-a-Lago Financial Information Center was brightly lit.
Meng Chuan stood in front of a huge electronic screen, which displayed the real-time trend of the Shanghai Composite Index.
Yingdie stood beside him, with more than twenty focused traders behind her.
"Young Master, the Shanghai Composite Index opened at 5043 points this morning, up 1.2% from yesterday. Market sentiment remains high."
The chief analyst reported.
Meng Chuan stared at the constantly changing numbers on the screen, his fingers lightly tapping the table.
At the same time, he kept recalling information from before his rebirth.
"According to our monitoring, there are abnormal fund flows from institutions such as Morgan Stanley and Goldman Sachs, and we expect them to take action around 2 PM today."
Yingdie handed over a data report:
"Their chosen breakthrough point is likely the financial sector."
Meng Chuan took the report and quickly glanced through it, then his gaze suddenly sharpened:
"No, their real target is the Growth Enterprise Market (GEM)! The Financial Market is just a smokescreen!"
Just as Yingdie was about to say something more...
Meng Chuan suddenly spoke:
"Have all traders start establishing short positions at the bottom, each with 100 billion in operating funds, and await my orders."
Yingdie never questioned Menglang's actions.
There are more than 20 traders, each with an account, and each account has 10 billion, which adds up to more than 200 billion.
After Yingdie assigned the task, a large number of sell orders suddenly appeared on the financial sector screen, and the index fell accordingly.
"Mr. Meng, financial stocks have started to plummet!"
One of the traders exclaimed.
The atmosphere in the entire information center suddenly became tense, and everyone looked at Meng Chuan.
By now, many people have realized that this is a conspiracy by capital.
Only a few individual investors are still indulging in the dream of getting rich overnight.
However, Meng Chuan just said that the target of foreign capital is the Growth Enterprise Market (GEM).
But now the decline is in line with the analysts' predictions; it is indeed the financial sector that has fallen.
"Don't panic, this is a feint."
Meng Chuan calmly stared at the screen:
"Prepare funds to buy immediately when the first wave of selling occurs in the ChiNext market!"
Meng Chuan has great faith in his memory; the first sector that foreign capital will definitely target is the startup sector.
Because the basic base of the startup sector is relatively small.
Moreover, from 2014 to the beginning of this year, the ChiNext index has risen by 200%.
The valuation far exceeds the highest value during the stock market bubble periods in most international markets.
With just a small amount of capital, you can leverage the entire sector.
This method of addressing the root cause from a single point was also the real trigger for the entire 2015 stock market crash.
Just as Meng Chuan predicted, when the decline in the financial sector triggered market panic, a massive sell-off suddenly occurred on the ChiNext board.
Within just ten minutes, the ChiNext index plummeted by 5%.
"As expected... it really is the ChiNext board."
"Shadow Butterfly said excitedly."
It wasn't that Yingdie was gloating.
She was simply excited that Meng Chuan had guessed correctly.
As expected, the young master never makes a mistake.
"Now's the time! Buy the leading stocks on the ChiNext board!"
Meng Chuan gave the order.
The traders swiftly executed the orders, and Dream Shadow Capital's funds flooded into the market, precisely absorbing the sell-off from overseas capital.
The index for the ChiNext board was immediately boosted.
Meanwhile, in a conference room of a five-star hotel in Shanghai.
"What happened? All the sell orders on the ChiNext board were absorbed?"
Goldman Sachs Asia President Thomson abruptly stood up:
"Find out who's taking over!"
"They are...they are a group of retail investors."
The analyst reported nervously.
"Retail investors?"
Thomson stared at the screen, his face grim, and said:
"You're telling me that the person who could absorb my 200 billion short position is a retail investor?"
Thomson was so angry he wanted to hit someone.
"It really is a retail investor."
The analyst said nervously.
"Keep dumping! I want to see what kind of retail investors can absorb so many short positions! I want the ChiNext index to drop by at least 10%."
As soon as Thomson gave the order, the traders immediately began to operate.
Following the second round of selling, the ChiNext index experienced another slight decline.
But to their shock, all the sell orders were swept away again.
It's like a group of people holding money and waiting.
We'll buy them all precisely as soon as he starts selling.
"Mr. Thomson, we have already sold 800 billion yuan worth of shares on the ChiNext board, but the other party is still buying them."
The trader's forehead was sweating:
"If this continues, we won't have enough leverage for short selling."
Thomson slammed his fist on the table:
"Damn it! What's going on? This is a conspiracy, someone's plotting against us!"
Thomson is, after all, the president of the Asia region.
If he still can't see that someone is precisely targeting him, then he's utterly useless.
However, just as Thomson was angrily cursing, the ChiNext index suddenly began to rebound.
A sudden surge in buy orders caused the number of IPOs on the ChiNext board to immediately increase by 8%.
"Oh no, we've fallen into a trap!"
The trader's face turned deathly pale:
"The other side is driving up the index; we're about to be blown up!"
Thomson finally realized the seriousness of the problem and said urgently:
"Close the position immediately! Quickly!"
But it was too late.
As the ChiNext index rebounded strongly, the Shanghai Composite Index's decline narrowed rapidly.
Thomson's short positions were immediately wiped out.
They chose to short, while Meng Chuan chose to go long.
It is obvious that Meng Chuan has more abundant funds.
Thomson was merely the vanguard of foreign capital.
The prepared funds are less than 1000 billion.
In his view, his unexpected move could definitely shake up the entire startup sector.
Moreover, the timing of his action was also very clever.
The transaction was made around 2 PM, and the market was closing at 3 PM.
Even if someone could react, they simply wouldn't be able to raise enough funds to defend the tower in a short period of time.
By then, he had already made a clean getaway.
But the fact is, a group of retail investors seemed to have known this in advance and were already waiting at their doorstep.
The moment he made his move, he was immediately struck on the head with a blunt object.
"Damn it, damn it! Investigate who is plotting against Goldman Sachs! My 100 billion, my 100 billion is gone."
Thomson's eyes were bloodshot.
The first day's attempt was unsuccessful, resulting in significant losses.
This is a huge blow to his prestige and ability.
However, cheers were heard throughout Mar-a-Lago.
At the close of trading at 3 p.m., the Shanghai Composite Index fell only slightly by 0.5%, while the ChiNext Index bucked the trend and rose by 1.2%.
Most importantly, Meng Chuan's precise targeting has yielded a profit of at least 500 billion.
"Young Master, you are truly amazing."
Yingdie looked at Meng Chuan sincerely and said.
The traders looked at Meng Chuan with even greater admiration.
Meng Chuan smiled and said:
"Today is just an appetizer; tomorrow is the real battle, a war to the death!"
Unbeknownst to Meng Chuan, the financial world was in an uproar after the market closed.
Major forums are abuzz with discussion about the mysterious buyer of shares in the ChiNext market today.
"I heard there's some mysterious fund taking a stand against foreign capital; that's so satisfying!"
"Could it be the national team that intervened?"
"No, that doesn't seem likely. The method is too aggressive; the national team wouldn't play like that."
Meanwhile, in a private club in Shanghai, Thomson was having an emergency meeting with several heads of international investment banks...