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Chapter 1026 A blow to the head (eight)
Chapter 1026 A blow to the head (8)
The market opened at 6.4646. If it breaks through 6.4700, it can basically be judged that short sellers will do useless work today.
At this time, the bulls in the market are also very excited. With such a large amount of buying, they unanimously judged that it was the Central Bank of Huaxia.
“No, you can’t just be beaten back like this!”
Although there is still a long way to go from the cost price, and whether it is the Central Bank of China is still uncertain, but the short sellers have already smelled the danger and can’t wait to launch a counterattack.
Carl’s eyes were red in the trading room, staring at the board motionlessly. At this time, a trader came over to report the current market rumors to him. When he heard the suspected news from the Central Bank of China, he suddenly let out a terrifying roar like a wounded beast, which shocked the people present. .
“No, no, no!”
After holding his head and wailing for a while, he suddenly stood up and said sharply, “Spread the news to me, saying that Zhong Shi commanded the Central Bank of China and participated in the manipulation of the RMB exchange rate.”
Among the previous statements, he said that Tianyu Fund participated in the rescue of the RMB exchange rate, and he did not point out to the outside world that Zhong Shi is currently in charge of the central bank’s foreign exchange work. Originally, he wanted Zhong Shi to be cautious, but the other party didn’t seem to care about it. At this time, he had to use his trump card.
In this way, the so-called “benefit transmission” relationship between the Central Bank of China and Zhongshi is completely confirmed.
This is almost equivalent to tearing the face off, offending the two giants of Huaxia Central Bank and Tianyu Fund at once, but at this time, people like Karl can’t care much.
Soon, the news spread rapidly in the market.
Most people in the market are not aware of the current internal operation of the Central Bank of China, and they think it is as officially announced. But when they heard the news, these people realized the true meaning of the “rumor” two days ago.
Zhongshi and Tianyu Fund are all related to the RMB, and anyone can see that such an appointment is inappropriate. So when they heard the news, they immediately had a huge question in their hearts. Under such circumstances, will the Central Bank of Huaxia continue to intervene in the foreign exchange market?
Nobody knows the answer.
But judging by common sense, this method of “benefit transfer” is definitely not advisable. Even between two companies, this kind of behavior has already involved commercial crimes, not to mention the dignified Central Bank of China, where the money belongs to all citizens. Assets are even less likely to be used to harm public welfare.
Many bulls began to retreat.
Although the RMB exchange rate has broken through 6.4700, and the rise is still fierce, this situation is unsustainable, and there may be a big reversal at some point. If you blindly attack, you may become the first bear to sacrifice the flag. Under such circumstances, they couldn’t help but not back down.
On the contrary, the short heads became extremely ferocious and fierce as if they had eaten a elixir, and large-scale sell orders were thrown out one after another, which directly blocked the bulls’ attack and abruptly blocked the rally. Around 6.4650.
The market situation reversed.
“You heard that too?”
Ever since the rumor that Carl instructed to spread began to spread in the market, the phone in the trading room of Huaxia Central Bank kept ringing, and every trader who answered the phone gave Zhong Shi a complicated expression when he closed the line.
It didn’t take long for this news to reach Zhong Shi’s ears.
He looked around lightly, and suddenly said: “Everyone, do you think this news is reliable?”
No one spoke, but the answer is very obvious. So far, the Huaxia Central Bank has not carried out any operations, so naturally the so-called “benefit transmission” cannot be mentioned.
Many traders showed mocking smiles on their faces.
“Look, they can think of any tricks to short the renminbi!”
Zhong Shi also showed disdain, and sneered, “No matter what they do, the market situation will not change. Today they are doomed to fail. They will not know how wrong they are until the truth comes out.”
“but…”
Finally, a dull-looking male trader wearing black-rimmed glasses couldn’t help asking, “Who is buying RMB in the market?”
As soon as he said this, all eyes turned to Zhong Shi. Not only this trader, but other traders also have the same question in their minds.
Who is buying RMB?
“Don’t worry, you will know what’s going on soon.”
Looking at the bewildered eyes of everyone, Zhong Shi smiled slightly, and was not in a hurry to reveal the answer, “In addition to Tianyu Fund, which is rumored in the market, there are several other funds that have joined the ranks of buying RMB. But I don’t know. Determine whether they will eventually reveal their identity, but you just need to know that they exist.”
“My God, the Paulson Fund has joined the ranks of buying RMB!”
Before Zhong Shi’s words fell, a trader who was watching the market carefully shouted loudly, “Bloomberg just reported that Paulson Fund has joined the ranks of long renminbi.”
Bloomberg’s article does not actually have many sources of information, but an anonymous person revealed to them that it is suspected that a brokerage dedicated to the Paulson Fund is buying heavily in the foreign exchange market. RMB.
Judging from this article alone, there is nothing dry about it. But the market is like this, just a little spark can ignite a prairie fire.
As the most profitable top hedge fund in the world, the market is paying close attention to the position changes of the Paulson Fund every day, hoping to make money following this giant ship. But this kind of behavior is basically equivalent to useless work, because the information that can be obtained from the Paulson Fund is basically the position information of three months ago. As for what happened in these three months, no one can know. .
And now there is an instant news, how can we not make the market excited?
What excites the market even more is that if there may be “benefit transmission” between Tianyu Fund and Huaxia Central Bank, there is no real connection between Paulson Fund and Huaxia Central Bank. Either way, the combination of the two can make markets shudder.
“Is it the Paulson Institute?”
The traders looked at Zhong Shi all changed, and the dull trader even asked in a trembling voice.
Who is Paulson? I believe that these traders know that he is the new generation of money-making **** on Wall Street, and he is even more vicious than Soros back then. If such a person makes a move, although it will not change the long-term situation, it will definitely cause a sensation in the short term.
“Wait, there’s more!”
At this time, another trader with a thin face shouted again, “On Twitter, NBC’s financial channel just released a message. Ray Dalio declared that he is bullish on the renminbi in the long run.”
“what?”
“This guy is also involved?”
The bombarding news came one after another, making the traders unable to keep up with the rhythm and dumbfounded.
If Paulson is the **** of making money on Wall Street, then Delio is a real myth. Bridgewater Associates has grown from a small fund to the largest hedge fund in the world today, relying on stable and reliable profits.
If Paulson is the 2.0 version of Soros, then Delio is the incarnation of Buffett in the hedge fund industry. Although the types of the two are different, their influence on the market is top-notch.
Regarding their questions, Zhong Shi just smiled without saying a word, neither admitting nor denying them.
But it is this ambiguous attitude that has become mysterious in the eyes of the traders. For the first time, they directly felt the energy of the young man in front of them.
Similarly, the successive statements of Paulson and Delio have also caused a huge sensation in other places in the market. Hong Kong, London, Chicago, and New York are spreading crazy news about these two people everywhere.
Although there were only a few words, the sensation caused was no less than that of a nuclear bomb.
Accompanied by these two news, funds frantically flocked to the bullish side of the renminbi, directly ignoring the bearish side. The trading volume of the market suddenly rose to an unbelievable level. Under the frantic influx of various funds, the offshore exchange rate of the renminbi has been rising steadily, directly smashing all the efforts of the short sellers to seal the rising momentum just now.
Passes such as 6.46, 6.45, 6.44, and even such a large pass as 6.4 have all been broken down without any suspense under the influx of huge amounts of funds.
Under the crazy pursuit of funds from all walks of life, the RMB once rose to 6.3796, and finally rebounded, but still closed at 6.3858, a day-long increase of 792 basis points, or as high as 1.23%. In addition to sweeping away the previous decline, it also pulled the RMB exchange rate to a new high before the exchange rate reform.
One day, just one day, all the previous efforts of the bears will be wiped out!
“It’s over, it’s over!”
When the RMB exchange rate broke through 6.4, Carl knew he was done. With the support of ultra-high leverage, not only all the previous profits were invested, but also a lot of losses. In the jargon, it is a “explosion”.
In the rest of the time, he just watched the RMB exchange rate rise step by step, feeling ashamed. The phone kept ringing beside him, but he had no thought of answering it. Because he knew that this was a call from a broker to call for a margin call, but how could he have the capital to continue investing at this time?
In the last five minutes before the market closed, he could only watch his position being forcibly closed by the broker, which meant that nothing was left for him. No, at least part of the debt remains.
“Why is this happening?”
He was puzzled, “What the **** is going on?”
“The big thing is bad!”
At this moment, a trader rushed over and kept shouting, “Our people have been arrested!”
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(end of this chapter)