The cake is so big, and if others eat part of it, it means that they will eat a little less, how can this be Completely abandon other people, but it is difficult for the main capital to do, for the operation of a security is good to say, you are aimed at a market, you want to go it alone, of course not.
Lei Hao needs teammates, but no matter which financial institution he is, he knows one thing very well: where do teammates calculate.
In the financial market, there are no feelings, only interests "The bears are crazy."
In the earbuds, Leo's babbling voice kept ringing: "Even if the kosi index falls, don't they want chips?"
The only order to "buy" Lei Hao is this.
"It's unreasonable, their risk exposure is too big" Leo was a little surprised, "Ray, the document I passed you on Tuesday, you must take a look at it" "I've seen it, I know what you mean, but if they don't push down their positions, where will they get the selling" Lei Hao replied simply: "It is impossible for us to keep our funds in the Korean capital market for a long time, and they see this" "Okay."
Leo was speechless.
How quickly the Thunder made money was pretty appalling.
Even if the KOSI index falls, Thunder has a paper loss, with Thunder's profitability and spread, Lei Hao will be willing to bear the loss and let the funds stay in the Korean capital market.
If Lei Hao's books are in the red, his Asia-Pacific strategy determines that his funds cannot stay in South Korea for a long time, and this is what the bears are staring at.
Even, if Lei Hao is willing to bear the book loss, let the funds stay in South Korea, waiting for a turnaround, the bears don't mind, they would rather Lei Hao do this, than let Lei Hao go, let him make trouble in the Asia-Pacific region.
Therefore, the strategic goal of the bears is not only to make money, but also to let Lei Hao's footsteps drag down the swamp of South Korea, and then find an opportunity to strangle it. "2oo billion US dollars is enough to build an aircraft carrier battle group, and what I hold is cash, and I run to buy national bonds, which is enough for the country to get a lot of benefits, I can't plant it in South Korea" Lei Hao calculated the account in his heart.
In the South Korean capital market, stocks, stock indexes, options, futures, foreign exchange and other markets fluctuated violently, and a large number of funds hedged and built positions, and the exposure risk of both long and short sides was increasing.
Take the bulls as an example, they originally hold a large number of stocks, but they also hold a large number of hedging contracts, so the risk is not large, for example, there are $1oo million dollars of stocks, and there are also 8o billion dollars of corresponding hedging contracts, they are exposed to $2 million of risk exposure.
But when stock selling, short selling, call selling, and putting options are all taken together, risk exposure can skyrocket.
I sell $100 million in stocks, I sell another $100 million face value of futures indexes, I sell $100 million in call options and I buy $100 million in put options, that's 400 million.
As for the rules of the Korean securities market, the so-called 5ooo futures contract can only be held by each account, and some of the big institutions have ways to bypass it, as long as it does not affect retail investors and keep the volume within the scope of tacit consent, the cost and cost of finding out in a country like South Korea where the capital market is almost completely open are higher than the cost of laissez-faire.
The confrontation in the capital market is certainly not a hedging of the stock market alone.
Thunder's risk exposure is slowly exposed to opponents to know that before the 13th, Lei Hao's position was as high as 4oo US dollars, the stock market was 800 million US dollars, and the rest were highly leveraged futures indexes, options, and even foreign exchange.
However, Thunder's position can be regarded as a unilateral bullish stock market, and the securities held are all positively correlated securities with the rise of the stock market, and there is no hedging meaning at all, and the amount of funds itself is as high as 2oo US dollars.
On the 13th of this Friday, that is, today, as soon as the securities market opened, within half an hour, Thunder's risk exposure soared by 5o billion, reaching 4.5 billion US dollars.
And now everyone's focus is on the stock market, and half of the risk exposure and volume can be exploded in the stock market, that is, $2.5 billion.
Converted to Korean won, it is 25 trillion won, which directly scared market participants, and words such as financial tsunami, financial crisis, and financial war appeared in everyone's minds.
"With such a huge amount of energy, they want to scare off other market participants and arouse the market's risk-off mentality."
This thought flashed through Lei Hao's mind, and he immediately gave another order.
In less than ten minutes, a voice appeared in the South Korean market: "The identity of the bears is revealed, where will the big chaebols reduce their positions and their funds will flow out of the country Under the premise of the situation being volatile, they can't go out, and the possibility of eventually returning to the country is as high as ninety percent." ” "The fact is that there is an influx of external funds and more cash in the Korean capital market, which may be explained by the inflation rate in the coming period."
"Is this a drama or not a reshuffle that shakes out small and medium-sized investors, and then absorbs back the chips sold at a low level, and even says that these chips are simply left-handed to right-handed" "After the KOSI index falls, there may be calls for a so-called bailout."
One piece of information after another, the bulls vomited three liters of blood.
Don't be fooled, they are long for the purpose of clearing their positions at a high level, and it is impossible to hold securities in the Korean capital market for a long time.
However, does anyone listen to these words Li Enjing now regrets why he hedged with the Thunder and let the bulls hold bilateral positions, pull up or suppress the stock market, why should he get involved But no one will believe these words.
"I know," people who were familiar with Lei Hao finally reacted.
"Thunder's goal has always been to hold a unilateral position, why does Lei Hao want to hold a unilateral position, I finally know the reason" "Calculation from the start" "Fundamentals and technicals, Lei Hao calculates market psychology, and the bears cooperate with him and stage a drama."
"Did he calculate it?"
The last question is the key, is Lei Hao accurate?
You must know that people's hearts are unpredictable, market psychology is the force that affects everything, but market psychology will also be affected by all other factors, this is a game of market psychology, Lei Hao bets that his calculations can succeed.
From the very beginning, Lei Hao would rather let the funds be idle, but also to hold unilateral positions, the reason is very simple, as long as he holds a unilateral position, it means that the original holders can only reduce their positions if they want to hedge When you reduce your position, it proves that the market has more cash flow, and no matter where this cash flows, as long as it does not flow out of South Korea, it will have a supporting effect on the Korean capital market.
But a series of negative appearances, Lei Hao's so-called "Koreans are very confident" point will be confirmed This is the most critical point, he led the nose of the bear, and acted in a Korean securities drama, after watching the play, can the Koreans be confident "Financial wizard, the Wall Street Journal didn't give you the wrong title, this guy is terrifying."
Foreign-funded institutions such as Keda and HSBC have a chilling feeling.
Wizards are beings who can manipulate people's hearts, Lei Hao is calculating, and he is slowly manipulating people's hearts, under the unwitting gaze of others, he stretched out his hand, and he was about to choke the throat of fate.
S: I know that the unconscious gaze is a sick sentence: