Chapter 205 The Destruction of the Landlords Association
208. The destruction of the Landowners Association
Intuition told JAKC that this action was very bad. In just half an hour, more than half of the more than 30 accounts held by the Landowners Association had begun to suffer losses.
"Have you found it?" JAKC called his subordinates anxiously and asked.
The subordinate replied with a bitter look on his face: "I found it. The ones who blocked us before were Morgan, Rockefy and WF Group's funds, but just now Quantum Investment, Tiger Investment, Duke Investment, and Adams Investment have joined in."
"What." JAKC's eyes darkened and he fell to the ground.
"Tou-tou-tou."
His subordinates hurriedly became confused, and in the end it was the trader's team leader who helped call an ambulance.
Everyone in the Landowners Association looked very gloomy. They never imagined that their small move would attract so many sharks.
They are also some international big sharks.
"Damn, these people are crazy. They won't let us have some soup?" Liu Xiong cursed with a livid face. These international crocodiles are so hateful.
Xu Heng cursed loudly: "Come on the street, these people want to drive all our consortiums in Xiangjiang to death."
"Fuck it, the worst is possible." This is mindless.
"Haha, fight? What should we fight with? Duke, Adams, Morgan, Rockefey, WF? Not to mention these giants, even Tiger, Quantum, Soros, which one can we afford to offend?"
Seeing everyone blaming each other, Huo Zhen said with a headache: "That's enough. The plan for now is to think about how to escape. If we are targeted by these crocodiles, we will all shed our skin by then."
Huo Zhen's words were quite intimidating. Under his intervention, everyone reluctantly shut up. The establishment of the landlord association was Huo Zhen's idea, and now he can't keep it off his face after losing money.
If it weren't for the Huo family's status, they would almost fall out now.
"If we pull it out now, how much money will we have left?" Huo Zhen turned to Superboy and asked.
Superboy said with an embarrassed face: "12 billion U.S. dollars of funds, used 5 times the leverage, and the current loss exceeds 6 billion U.S. dollars."
Hearing this, everyone's expressions became even uglier. A loss of US$6 billion means that each of them has lost more than half of their capital, not counting previous losses.
Xu Heng's face was the ugliest. According to the current situation, his more than 3 billion U.S. dollars now only have a little over 500 million left. He lost five-sixths of his money in one fell swoop. How could he not feel distressed?
He is not like other people in the landlord association. Even if he loses the property or company in his name this time, Xu Heng will be completely screwed if he loses.
So currently anyone can lose, except Xu Heng. He sneaked out of the landlord meeting this time. Li Jiaxin had called him many times, but he had pushed him away.
If he can't stand up this time, he will really be doomed.
Within the landlord association, everyone has different thoughts.
Seeing this, Huo Zhen could only comfort everyone and said: "Everyone, please be patient. Superman is currently hospitalized at JAKC. Do you have any favorite candidates?"
Superboy shook his head. Before the Li family collapsed, the most powerful trader was JAKC, but now he is still lying in the hospital. It is impossible to fight him off.
Huo Zhen sighed when he saw this: "Then we have no choice but to hire a trader from HSBC."
Everyone nodded at this. The leverage they borrowed this time was from HSBC. It shouldn't be a problem to borrow a good trader from there.
Inside the hospital, JAKC finally breathed a sigh of relief when he heard someone accepting the mess. Just kidding, even if he wasn't sick right now, he wouldn't dare go back and take over that stall.
You must know that the person targeting the Landlords Association this time is not a small person. If you take any one of them, he is a person who can make a name for himself in the world-class financial circle.
Although JAKC is a good player, he is just cannon fodder in a battle of this level.
In the face of absolute strength, all conspiracies and tricks are empty, and they will not give you a chance to implement them.
"Xiaoyu, are you sure the trader over there is?" After the doctors and nurses left, JAKC called his confidant.
Xiaoyu nodded and replied: "It's confirmed, it's an old man from HSBC called Asan. The old man there seems to be called Aka."
"Akasji?"
"Yes, that's him. Why are you so familiar with him, boss?" Ayu, the younger brother, asked.
JAKC sighed: "I know him, but they don't know me. Akasji's background is not small. It is said that their family specializes in gold making in Asan Kingdom, and they know a lot about it. Mr. Huo spent a lot of money this time. ”
The actual situation was similar to JAKC's guess. In order to save the Landowners Association's losses and face, Huo Zhen spent a lot of money and a lot of debts to hire this very "awesome" Mr. Akasji from HSBC.
But no one would have imagined how deceitful the Akasji they invited was.
It is true that Akasiji's family is the gold tycoon of Asan Kingdom, but most of their gold is alluvial gold. It simply cannot meet international standards.
So the gold of Asan Kingdom is where they amuse themselves. Gold that truly meets standards is generally supervised by the state and is not accessible to ordinary people.
HSBC's top management actually wanted to join forces with Akasji to rip off the Landlords' funds. HSBC's stock price has been very low recently.
They were worried about not being able to find a profit point, and the Landlords' Association came to their door. They didn't care about the Landlords' funds, so they pretended to help secretly while learning from the international big crocodiles to share the Landlords' funds.
In fact, the Landlords' Association was also quite unlucky. There were so many futures markets that they would not have ended up like today if they chose any one to trade. It's a pity that they chose gold, which is the last choice now.
You know, now it's not just the United States but also major institutions that are fishing in the gold market. At this time, basically no one dares to go to the gold futures market except fools.
Major institutions include Tang Wen's WF Group. Before the wash is successful, anyone who wants to pick peaches in advance is destined to be picked together with peaches.
Southeast Asia has a hard time saying it. They have rich gold mines, but now they are completely blocked by the United States, but they dare not speak out loudly.
Smarter merchants would secretly sell gold to the Blood Sabre and some American consortium agents, while the Southeast Asian governments could only watch the show dumbfounded.
In the Landlord Association, Akasji looked like a "calm and calm" master, which really reassured the Landlord Association members.
"After all, they are also a golden family, better than JAKC, that stupid ass." Many people muttered to themselves.
Akasji looked at the trend chart and ordered a group of traders: "2 billion US dollars to short gold. Judging from the amount they shipped, even large consortiums don't have much inventory. Let's continue to short and sell when the time is right, and then stretch."
Like JAKC, Akasji planned to short first, short and sell at the same time, and then when the giants began to enter the market, he would follow the long position and pick up the leak.
With Akasji's order, the floating loss account in the Landlord Association actually slowly turned into profit. Everyone looked at Akasji with admiration.
Huo Zhen also felt very proud at this moment, after all, he was the one who invited the person back. If he made money, he would have a good face, right?
His son Huo Gang kept praising his father's vision.
At this time, there were still 3 minutes before the closing. Just when everyone thought that they could close the day with a profit, a huge sell order suddenly came in at the end of the trading day. Their profitable accounts were directly emptied again.
"Ten, a hundred, a hundred, a million, a hundred, a million, a million? Twenty million lots?" Everyone was dumbfounded.
Akasji was also confused. He could never have imagined that the giants had such means. At this moment, when there were still 2 minutes left for the closing, another sell order of tens of millions of dollars was smashed down.
Before everyone finished crying, more than a dozen short orders of millions of dollars and several short orders of tens of millions of dollars were smashed down.
"Fuck, these dogs are too cruel."
"Pull down."
"I'm throwing a mine and puffing up the street. My money."
Such a huge short order made the entire futures market depressed. All the funds that the Landlords had just invested in were smashed in an instant.
"Fuck." Seeing this situation, even Huo Zhen, who always had a good temper, couldn't help but curse. No wonder he was so angry. Being stared at and beaten again and again, anyone would be angry.
Inside HSBC, everyone stared at the closing price of gold futures at 1,830 US dollars per cup in amazement. In an instant, the trading center downstairs was full of ghosts and wolves howling.
The faces of a few short sellers were flushed with excitement. They made a lot of money this time.
In the futures market, if someone makes money, then naturally someone loses money. The Landlords were unfortunately the ones who lost money this time. They always thought that the consortium had no chips to continue selling.
Unexpectedly, they still kept such a big trick. Those who dared to continue to invest in the long position under such a brutal market smash also chose to wait and see.
More people chose to join the big short sellers, but what awaited them was to be cut again. The consortium will not allow anyone to get their hands on their prey.
The day when the Landlord Club went bankrupt happened to be the day when the most Korean female artists went bankrupt. I have to say that this may be God's will.
After such a thing happened, Huo Zhen no longer had the face to stay in the Landlord Club. With Huo Zhen's departure, other people were unwilling to stay here any longer.
Xu Heng didn't know how he got back home. Li Jiaxin looked at her husband who had disappeared for several days and asked with a frown: "What's wrong? Where have you been these days?"
Xu Heng looked ashen and said nothing. His cold expression made Li Jiaxin a little scared.
"Knock, knock, knock" There was a knock on the door, and Li Jiaxin opened the door questioningly.
Fat Dog said with a smile: "Mrs. Xu, Mr. Xu. The interest on your ancestral home is coming."