"Phew … we are finally safe."
Andrew is relieved when he saw Huanyu Group's share prices hit more than 80 USD.
If not, Xiang Yuan will be slapped in the face by those individual investors.
"Thank you, Mr. Soros."
"No need. I am not doing this to save you."
"I know. But no matter what, we are on the same side now."
"Alright. Cheers."
Soros is in a good mood.
Feng Yu is calculating how much Quantum Fund will make from what he did today.
3 billion USD?
4 billion USD?
5 billion USD?
"Mr. Soros, I heard you are going to retire."
"I do have this thought in the past, but I did not have the opportunity. Now, it's time for me to retire."
"Congratulations, Mr. Soros. You are Wall Street's legend."
"Thank you. Your Xiang Yuan is doing well too."
Andrew is flattering Xiang Yuan again. It's rare for Soros to praise Xiang Yuan.
But before Andrew can flatter Soros, one of the traders suddenly said. "Something is wrong with the board."
"What is it?"
"There is a sudden increase in the number of bids."
"Oh … damn …"
Soros looks at the board and saw a straight line shooting up to the sky.
Drop 30%.
Drop 20%.
Drop 10%.
Increase 10%.
Huanyu Group's share prices had fallen by 40%, and within one minute, it increased by 10%.
That means Huanyu Group's share prices increased by 50% in one minute.
"What is going on?"
Soros looks at Andrew.
Andrew is also confused. "Is there a problem with the system's signal?"
But at the moment, no one could explain it.
Or rather, there is no time to explain.
After Huanyu Group's share prices increased by 10%, it stopped for a while. After that, Huanyu Group launched another rocket.
Increase by 20%.
Increase by 30%.
Increase by 40%.
Huanyu Group is like a dragon rising out of the sea.
Even though there are many selling orders on the board, they are all bought up by countless buying orders.
No matter how much you sell, the rest will buy it.
… …
"Boss, are you going offline?"
"Yes."
"Boss, hurry up and come online."
"I don't want to go online. It's my fault for not helping everyone defeat those hedge funds."
"Boss, this isn't your fault."
"I'm the leader. I have important responsibilities."
"Boss, go online and take a look at the board."
"I don't want to look anymore. There's no point in looking anymore."
"Boss, take a look, just take a look. Let me tell you something. Huanyu Group seems to have risen. "
"Increased?"
"Yes."
"Don't tease me."
"Why would I tease you?"
"How much has it increased?"
"It's up by 40%."
"Clap …"
Chamas directly hung up the phone.
This joke wasn't funny at all.
Chamas took out a cigarette. He had to be quiet.
After a while, the phone rang again.
"Boss, please, just take a look at the board."
"Damn, you guys are really …"
Unable to do anything to his subordinates, Chamas turned on his computer again and entered the ticker symbol XYJT.
Looking at the straight line from the bottom of the sea to the clouds, Chamas was dumbfounded.
"F * ck, Huanyu Group's share price increased by 40%."
"Motherf * cker, this is too awesome, too crazy."
"We're not individual investors. Brothers, let's go …"
From a 40% drop to an increase of 40%, this super reversal was simply rare.
Although many people didn't know what had happened, it didn't matter.
But it didn't matter if they didn't know. They only knew that Huanyu Corporation had gone crazy.
Since it had gone crazy, everyone didn't need to think about anything else and just went straight to business.
"Brothers, Huanyu Group's share price has increased greatly this time. Will Xiangyuan's position be breached?"
"I don't know. If they can continue to add margin, then they might not be breached. However, they have already lost 1.2 billion before. Now, they will lose at least 3 billion US dollars. "
"3 billion US dollars … Oh my god, do they have so much margin?"
"I don't know. If not, then let's breech their position. "
In fact.
When Huanyu Group's share price skyrocketed, the heads of the top ten hedge funds were all stunned.
They didn't know what had happened.
They didn't know what to do.
When they figured out what to do.
The account had already been automatically operated for them.
Because the margin was lower than the loss, their positions were directly liquidated by the broker.
This was naturally the official statement.
To put it simply, their stocks had been breached.
And the first to be breached was Xiangyuan Hedge Fund.
"Andrew, your positions were breached?"
Soros looked at Andrew in shock.
Andrew didn't say anything.
At this moment, he was so shocked by the breech that he was completely speechless.
He didn't know what to do next.
He didn't know how to explain it to the board of directors.
He also didn't know if the board of directors would let him go.
"Mr. Soros, the situation is not good for us."
"I know."
"I think we should withdraw."
"Withdraw?"
Soros stared at the head of Qiao Shui Fund. "If you withdraw, you will lose 2 billion US dollars directly."
"But if we don't withdraw, it is possible that our losses will be even greater."
After the head of Qiao Shui Fund finished speaking, Huanyu Group's share price skyrocketed again, reaching 210 US dollars.
Huanyu Group had been IPO for 100 US dollars since yesterday. Today was the second trading day, but the share price had doubled.
"Well, we can't leave."
The head of Qiao Shui Fund smiled bitterly.
After Xiangyuan Hedge Fund, Qiao Shui Fund's positions were also forced to liquidate and completely breached.
Of course.
It wasn't just them.
AQ Capital, Wuxi Management, Chengbao Investment, Elliot …
A total of six top hedge funds had breached their positions during this wave of Huanyu Group's surge.
[Breaking news: Xiangyuan Hedge Fund breached their positions and lost 3.5 billion US dollars.]
[AQ Capital breached their positions and lost 2.6 billion US dollars.]
[Chengbao Investment breached their positions and lost 1.9 billion US dollars.]
[Elliot breached their positions and lost 3.1 billion US dollars.]
[Qiao Shui Fund breached their positions and lost 3.9 billion US dollars.]
The market hadn't closed yet, but the financial market had already exploded.
Of course.
Usually, the major hedge funds wouldn't say such things.
But such a big thing had happened.
Six top hedge funds breached their positions and lost more than 15 billion US dollars in total.
With such a huge loss, he could no longer hide it no matter how hard he tried.
Moreover …
The funds of the major hedge fund companies weren't their own.
They were just helping others manage the funds.
Perhaps if they lost their own money, outsiders wouldn't know even if they were beaten to death.
But to lose someone else's money, and to lose it so badly that it's not as simple as not wanting to talk about it.
16 PM.
The US stock market had officially closed.
Wall Street, which wasn't very wide to begin with, was already packed.
Inside, there were countless people who heard the news and came to watch the show.
Inside, there were countless reporters who came from all over the world.
Inside, there were also the big investors who gave their funds to those hedge funds.
Of course.
Except for these.
And the head of Xiangyuan Hedge Fund, "Andrew", stood on the top floor of the NYSE.
If it was any other time …
Many people would be envious of this big boss of Wall Street.
It was said that the top floor of the NYSE had the best scenery.
However, most people couldn't go there at all.
But now …
Seeing Andrew's shadow, everyone's heart sank.
They knew that Andrew was definitely not there to enjoy the scenery.
No matter how beautiful the top floor was, he wasn't in the mood to enjoy it.
= = =
Today was New Year's Eve, and Da Bai wished everyone a happy New Year. He also wished everyone a happy New Year and wished everyone a happy and successful New Year.
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