Extraordinary Genius

Chapter 1829: The sales ban is announced

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The U.S. stock market is now in a crazy situation. There are far more people selling and short selling than buying. It is clear that shareholders of many companies are desperately trying to increase their stock holdings, but it is a drop in the bucket and it does not help. 『→おkansuge free serialized novel reading website ℃Ww.La is the fastest updated

The stocks of banks, funds and other financial companies led the decline, and even the stocks of companies such as Coca-Cola and Microsoft were falling with them, unable to stop.

Obviously Coca-Cola is still making money this year, and Microsoft is still making money, but their stocks are falling. When panic sets in, you don’t even think about whether your stock is strong.

Many people need to sell these high-quality stocks to raise funds, or to save their other industries, or plan to make money by short-selling other stocks. There are also some people who simply sell for the sake of selling. They simply want to cash out their stocks and feel that the risks in the stock market are too great.

In countries like the United States, where the financial industry is highly developed, there are also many people who only know how to buy stocks when they go up, but don't know how to sell short.

Most of the short selling is done by investment companies, not individuals.

The U.S. Securities and Exchange Commission issued an announcement at this time prohibiting short selling. That is to say, if you do not hold the company's stock, short selling is not allowed.

The reason is that this is an obvious speculative behavior that seriously disrupts the market order and must be banned. This method was used during the Internet bubble.

However, this kind of short selling is actually not many, the scale is not large, and the impact on the market is not enough.

Although the U.S. Securities Regulatory Commission has made such regulations, the U.S. stock market is still falling, and there is no stopping trend at all.

Many people call this time a cliff-like decline, and the stock price plummets like a dive.

The wealth in the U.S. financial market continues to evaporate, and an astronomical number disappears every day.

After this order was issued, Feng Yu keenly discovered that what he expected might happen. He urgently contacted Kirilenko, Fu Rongqi and others, adjusted his investment strategy, stopped short-selling stocks, and began to reap the fruits of victory.

Feng Yu and Fu Rongqi once predicted that once such a cliff-like decline occurs and short-selling in the market becomes extremely serious, how should the market be saved

The simplest and most direct way is to order intervention in the market and prohibit short selling.

Regardless of whether you own shares of the company, short selling is not allowed. Especially for some key stocks, after the leading stocks are banned, the entire momentum can be reversed.

During the Asian financial crisis, Feng Yu and the others discussed using this method once they could no longer control the stock market in Hong Kong.

But fortunately, the funds led by Soros were defeated first, and they did not adopt such extreme measures.

However, if the U.S. stock market does not adopt this method at this time, there will be no other way.

If the government does not take over Bear Stearns, Fannie and Freddie and other companies, then the U.S. government may be able to spend a large amount of money to stabilize the stock market. But now the government has no money, and they can only use some administrative measures when the stock market falls!

In the past few days, Soros has short-sold a large number of stocks in the US stock market and made huge profits. Some of his losses were starting to be filled back.

Doing the investment method he is best at is indeed the right choice. To hell with those consortium warnings.

At this time, many consortiums were also losing money on their investments, and Soros no longer cared. This is a normal business investment for him, what’s the problem

It's just that Soros is focusing on short-selling the stocks of companies owned by large consortiums, and his retaliation is very obvious.

Today he heard the order issued by the China Securities Regulatory Commission prohibiting short selling of Luo. He didn't care at all. This had no impact on him.

His short selling behavior is still continuing, and his losses have not yet been recouped. And since he has done it, why not make more money? If he had enough funds, would he still care about the attitude of those consortiums

Xiaobu Shi and his team sat together to discuss how to save the U.S. stock market. The current situation is too serious, and the U.S. stock market has fallen too sharply.

Many people's investments were liquidated and their positions were forced to be liquidated. Every time someone thinks they have hit rock bottom, they are surprised to find that they are far from rock bottom.

Even according to Buffett's classic theory, many companies' stocks have already fallen below their true value, but no one dares to go in and buy the bottom.

Going in at this time is not to buy the bottom, but to fill in the holes. Those who want to buy the bottom and suffer blood losses are the best proof.

"President, that media has released news again, revealing that the financial consultants of several companies were once financial consultants of Fannie and Freddie Group, so now many people suspect that the financial statements of those companies have also been falsified."

Xiaobu Shi was very angry. Can't that damn media just shut up now? He clearly asked people to call the company and stop publishing any negative news at this time, but the media responded that the press needs freedom and the government has no right to interfere with their telling the truth.

And Xiaobu Shi also discovered that the media had a vague relationship with Feng Yu, but unfortunately there was no substantial evidence. Even if there is evidence that the media has a relationship with Feng Yu, so what

The news they broke was all real and completely legal. What could he do? What's more, the media seems to have shares in companies from Russia, the United Kingdom, and island countries. At this time, he can no longer provoke these countries.

"Isn't there any good news?!" Xiao Bu Shi said angrily.

"Yes, Cox said that after research, they came up with a way to stop the stock market from continuing to fall wildly, but it requires the cooperation of the government and the Federal Reserve."

Xiao Bu Shi suddenly became interested, and finally there was good news. The Federal Reserve will definitely cooperate and must cooperate!

"What can I do? Tell me."

"Short selling ban!"

Xiao Bu Shi frowned: "Isn't this already issued?"

This is a good idea, it has no effect at all. After thinking for so long, you came up with such a useless solution that has no effect at all

"No, this one is different from the previous one. It stops short selling of financial stocks for ten days and completely stops it. All investment institutions must report short positions every day, and any behavior suspected of manipulating the market will be sanctioned!"

Xiaobu Shi was shocked: "Stop short selling of financial stocks? Is this okay? We are a country with open finance. Will this have a serious impact in the future?"

This is simply draining the firepower. Xiaobu Shi also feels that this will cause a huge shock. This is completely contrary to the free market that the United States has always promoted.

"This is the last resort. If financial stocks are stopped from plummeting, other falling stocks will be stopped and the panic will disappear. Of course, the government and the Federal Reserve must come up with an asset rescue bill and come up with an asset rescue bill." A large amount of cash is lent to those financial companies to tide them over and restore investors' confidence in them. We need time, and this will buy us enough time."

Xiaobu Shi frowned, he still wants money? !

But after thinking about it, it seemed that this was the only way. But he can't bear the blame.

Since it was the idea of the Chairman of the China Securities Regulatory Commission, let him carry it in front of the stage, and let him take the final blame!

When many people were having fun with short selling, the China Securities Regulatory Commission issued a surprising announcement: short selling of 797 financial stocks was stopped for ten days. All investment institutions must report short positions every day and strictly investigate market manipulation!

All investors were shocked by this announcement!

… (To be continued...)