At this moment, it wasn't just Qin Chuan, Yang Conglong, and Mao Huasheng staring intently at the Hang Seng Index's market. Countless eyes around the world were watching.
Because August 11th was a crucial day for the Hang Seng Index to definitively hold the 7,000-point mark. Yesterday, in a multi-pronged battle, they had managed to barely hold on, but what about today?
No one knew, as the entire Hong Kong stock market was currently facing an unprecedented catastrophe.
Ever since international speculators, led by Soros, had massively shorted the Hang Seng Index, this was already the third wave of their assault. The previous two waves had each sent the Hong Kong stock market plummeting, allowing those international speculators to rake in huge profits and grow fat and strong.
This was the third, and final, offensive. Countless rumors were flying around, with whispers that the Hang Seng Index would fall to 4,000 points, plunging the market into immense panic.
Innumerable investors had lost their fortunes and were complaining bitterly, creating an atmosphere of overwhelming pessimism.
Under the watchful eyes of the world, the moment the market opened, a full-blown battle between bulls and bears ensued.
Simultaneously, dramatic fluctuations began to appear in the funding of countless accounts. Those who went long on the Hang Seng Index made money, while those who bet against it lost.
Just minutes after opening, under the intense pressure from international speculators, the market plummeted, and the 7,000-point barrier was breached, eliciting a chorus of lamentations.
The psychological defenses of countless people completely collapsed, their faith seemingly shattered.
For those who had gone long, it was a disaster. For those who had shorted, it was a boon, with countless colorful banknotes raining down.
"Yes! It's falling! 7,000 points are broken!"
In the private trading room, Yang Conglong watched the market tumble and danced with excitement. In just a few minutes, the funds in his account had grown frighteningly.
With a twenty million margin trade, every point the market dropped translated to a pure profit of two hundred thousand, a rate of wealth accumulation faster than printing money.
While Yang Conglong wasn't short of money, this time was different. He had earned it through his own skill, especially for someone like him, a typical "leek" who often lost money in the stock market. He was truly ecstatic.
"Shhh, keep it down!"
Qin Chuan heard the shout and quickly urged Yang Conglong to calm down. This was just the beginning; the market wouldn't stop its decline at this point.
It was a shame Yang Conglong had only let him invest a million. If he had invested more, the profits would have been far greater.
Thinking of this, Qin Chuan couldn't help but pull Yang Conglong aside and, lowering his voice, said, "Brother Long, you've seen it. This market today is likely to fall much further than this."
"Since the 7,000-point mark has been broken, it's hard to recover. How about we seize this opportunity to increase our investment?"
Qin Chuan was desperately short of money right now, very short!
Since he had decided to make a killing on Hang Seng futures this time, he definitely wouldn't be satisfied with just one million. He had brought out three million, and two million were still lying dormant in his account!
He felt uneasy with those two million untouched.
Hearing Qin Chuan's words, the previously excited Yang Conglong quickly regained his composure. After a moment of hesitation, he finally shook his head. "One million is already a substantial amount, and we've added a tenfold leverage! Qin Chuan, the futures market is volatile, who knows what will happen next second!"
"Let's watch for now, don't be too greedy!"
Qin Chuan's perception of his brother-in-law changed again. Not bad, worthy of being a Yang family scion, remaining so calm at a time like this.
At the same time, he felt helpless and could only sigh inwardly.
If he weren't a reborn individual, Yang Conglong's decision would have been absolutely sound. Caution is the mother of safety, especially in a market as cutthroat as futures.
But he was reborn. The inherent advantage of a reborn person was the ability to seize opportunities and possess information others didn't.
"Forget it, then. Let's start with one million to test the waters. In two days, when Hong Kong makes a full effort to counter those international speculators, I'll go all in to go long and profit from those bastards!"
And so, time flowed by rapidly.
By 12:30 PM, when the Hong Kong stock market's morning session closed, there were those who rejoiced and those who despaired.
Everyone who had shorted had made money, while those who had gone long had lost heaps.
Of course, many had reacted quickly, sensing trouble and immediately placing new short orders. This offsetting effect minimized their losses.
That's how the futures market worked. As long as you had enough capital, you could trade infinitely, provided you made the right bets. Otherwise, such frequent trading would lead to even greater losses, with transaction fees alone being a significant expense.
"Qin Chuan, let's go, brother's treating you to lunch!"
Yang Conglong was overjoyed. In just one morning, his account had profited over three hundred thousand, with the Hang Seng Index falling by more than 1.5%.
Qin Chuan was also happy, as he was entitled to half of the profits.
"Yesterday I had a seafood feast at your place, and that night you not only treated me to dinner but also arranged a hotel. Today, it's my turn to treat!"
Qin Chuan said with a smile.
"Let's go, I'll treat you to the knife-cut noodles at the restaurant opposite. I've tried it once, it's amazing!"
"Damn, I spent so much money treating you, and you're only offering me a bowl of noodles?"
Yang Conglong glared.
"That's just for lunch. We still have to watch the market this afternoon. Tonight, I'll treat you to some fun at 'Night Elf.' That's fair enough, right?"
Qin Chuan winked, with a knowing look that only men would understand.
The two looked at each other and burst into laughter, their chuckles utterly lewd.
At 2:30 PM, the Hang Seng Index reopened.
However, unlike the morning session, the index that had been falling began to surge upward right from the opening. It was clear that someone was aggressively buying, unwilling to let the index drop further.
Watching the profits from the morning session dwindle, with over a hundred thousand lost in just a few minutes, Yang Conglong grew anxious.
"Qin Chuan, why don't we sell quickly now? We've already lost over a hundred thousand, selling now means we still make a profit!"
Qin Chuan, however, resolutely shook his head. "No."
"We're not top-tier experts; we can't chase every single fluctuation for profit like others and maximize our gains. We just need to follow the overall trend!"
He knew the lowest point the Hang Seng Index would reach this time, so any rise in between was a false signal, something to be ignored.
Yang Conglong remained silent, but Mao Huasheng, standing nearby, looked at Qin Chuan with surprise and admiration. "Mr. Qin's point is very accurate."
"The current trend is clearly downward. We can't accurately catch every single fluctuation. The smart move is to follow the overall trend."
Yang Conglong could only watch helplessly.
Time ticked by, minute by minute. The bulls and bears were locked in a fierce battle, with the index jumping up and down, making it impossible for ordinary people to participate.
From 2:30 PM until 3:45 PM, the index was pushed up by a full point. With only fifteen minutes left until the market closed for the day.
At this moment, the thirty thousand profit that had been in the account was reduced to less than twenty thousand.
If the index rose any further, all their efforts would be in vain, and they might even lose money. Yang Conglong was frantic, and Qin Chuan clenched his fist tightly.
Just then, an unexpected event occurred!
The index, which had been rising, suddenly plummeted like a waterfall, dropping rapidly.
In just a few minutes, it fell by two points and continued to plunge.
"Holy crap! Fuck! Fuck!"
"Our account, in just a few minutes, went from twenty thousand to over four hundred thousand!"
Yang Conglong was extremely excited, pointing at the amount in his account and shouting. This figure was even higher than what they had made in the morning.
Qin Chuan's tense heart also relaxed considerably, a smile appearing on his face.
"Qin Chuan, should we close our positions? We've already made over four hundred thousand!"
Yang Conglong asked.
"Let's wait a bit longer!"
"The market doesn't close for another ten minutes!"
Qin Chuan said calmly.