When you visit everywhere during the day, you can see festival-related signs and activities everywhere, as well as crowds wearing various Halloween costumes.

Chen Qing nodded, and felt a little regretful: "Actually, last night was even more lively, and the Halloween parade, but unfortunately we were one day late."

Sung Tae-hee has only heard of the Halloween parade in the West, and has never felt it personally, and she can't say regrets. She is really satisfied today. Thinking of something, she said: "Today, I passed by a cinema and saw the big poster of "Ghost Records" and "Soul Conjuring 3". These are all very popular horror movies in North America recently. Miss Chen, how about we go together tomorrow?"

The screening of "The Legend of Ghosts" has entered its sixth week. Although the box office still has its strength, it has finally entered the second half of the release.

The most popular thing in recent days should actually be "Soul Conjuring 3".

However, because the reputation of "The Legend of Ghosts" has spread all over the world during this period, Sung Tae-hee is well-known even in South Korea. The problem is that although the film has been released in South Korea and the box office is also very popular, Sung Tae-hee has not had the mood to watch movies some time ago.

Now that my mentality is different, and this is a film produced by that man's film company, of course I have more expectations.

Chen Qing was also interested when she heard this. She sat up straight and took out her cell phone. She thought about it for a while and started dialing. She smiled and explained: "I want to watch it too, but we don't have to go to the cinema. It's so crowded there. I asked them to send a copy and watch it directly at home. Haha, if you are scared later, you can get into my arms."

Cheng Tae-hee stared blankly at Chen Qing dialing the number and started chatting with the other side, gaining insight again.

Is this possible?

Chen Qing chatted with the other side for a while, hung up the phone, and said to Cheng Tae-hee: "Half an hour."

Cheng Tae-hee nodded, and saw Chen Qing shaking her thighs again, she quickly put down the red wine in her hand and took the initiative to help Chen Qing knead it.

As we were chatting, the TV screen that we didn't pay much attention to attracted the attention of the two.

Chen Qing signaled Cheng Tae-hee to turn the voice louder, and the discussion on the TV screen suddenly became clearer.

This is an evening financial interview program for local city television stations in Los Angeles.

What the host on the screen and the two guests discussed was the financial sniper battle that took place in Hong Kong just the past week.

After talking about the general details of the incident, the host first raised the topic and asked the two guests: "According to media reports, various short capitals around Hong Kong lost at least US$30 billion in this financial showdown. However, many people raised objections and believed that there would not be so much. One of their main arguments is that the daily trading volume of Hong Kong stocks in Hong Kong is only about HK$10 billion, equivalent to only US$1.2 billion. What do you think?"

"I think the number 30 billion is not much error."

"Daniel, I feel so too."

"So, Joe, Terry, can you explain it in detail?"

Among the two guests, the subtitles below the screen showed that the gray-haired middle-aged man named Joseph Wilkinson spoke first, showing a chart enlarged to the size of a poster to the host and the audience: "Look at it, this is the financial derivatives of the Hong Kong financial market, including three categories: stock index futures, interest rate futures and stock futures. Among them, index futures include Hang Seng Index Futures and the H-share index futures that just launched in the first half of this year. Interest rate futures include January and March Hong Kong dollar interest rate futures and three-year foreign exchange fund bond futures. Finally, stock futures, this list is longer, not only HSBC Holdings, Hang Seng Bank, Sun Hung Kai, Cheung Industrial, and other Hang Seng Index components, as well as popular red chip stocks such as China Telecom, which were listed last year. All of these have been the key short selling targets for shorts in the past few months. Danny, do you know what the biggest characteristics of futures are?"

The host named Daniel Cory is not a young man, and immediately said: "Leverage."

"Yes, leverage," said Joseph Wilkinson. "All these financial derivatives, through the continuous amplification of leverage, have reached hundreds of billions of dollars in total, and both sides of these hundreds of billions of dollars are short and longs in betting."

Another guest named Terry Sandford, whose subtitles were shown, said: "I would like to add that not only Hong Kong, Tokyo, Singapore, North America and Europe exchanges can actually bet on various futures around Hong Kong. It is even more difficult for us to know how big this market is."

Terry Sandford finished speaking, paused a moment, and when the host and another guest nodded, he said again: "And, Danny, I think the biggest problem is that this financial incident in Hong Kong is actually an extreme market like a stock market crash in 1987. The only difference is that this extreme market is artificially created. Under the extreme market, a huge loss is inevitable on one of the zero-sum games."

"Indeed, Terry is right," another guest, Joseph Wilkinson, continued again: "In the industry, it was rumored that Deutsche Bank lost more than $3 billion this time, and some said $4 billion. This is the problem, because the market trend is too extreme, and almost all kinds of short sellers that Deuts bet on end with a liquidation..."

Terry Sandford showed a strange smile and stole the conversation: "It's not just a liquidation position, but yesterday's last settlement day, because the settlement rules are the average points throughout the day, and it is no longer an instant transaction. As a result, because the Hang Seng Index closed too high, I don't know how Deutsche Bank, but according to reliable information, many short sellers have already penetrated their positions. Not only are all margins in the account cleared, but they also owed large amounts of funds from the exchange. Although the Hong Kong Futures Exchange has not released specific data, this time, considering that many small short sellers cannot afford the additional losses of the liquidation position, the Hong Kong authorities can only pay for this part of the shortfall."

The host Daniel opened his eyes slightly as soon as possible: "Terry, how many do you think there are?"

"Say less than billions of dollars," Terry Sandford said, and said: "Just like the 1987, it was also a large-scale position penetration under extreme market conditions. The Chicago futures exchange could not afford it. The capital that bet the wrong longs could not afford it. In the end, they could only seek emergency assistance from the federal banking system and supplemented $3.7 billion in margin overnight to avoid the collapse of the trading system."

Joseph Wilkinson continued: "To be honest, it is precisely because of the extreme market 10 years ago that speculative capital saw huge profits in derivatives trading. In the past ten years, the scale of the international financial derivatives market has expanded by more than ten times, just in Hong Kong. This time, the total scale of various financial derivatives transactions is far greater than that of the Chicago Exchange."

Daniel nodded and said, "Since that's the case, Terry, Joe, do you think the amount of money the Hong Kong authorities secretly paid for the warehouse is only a few billion dollars?"

The host said this, and the faces of the two guests became a little weird again, and seemed to be obviously hesitating for a moment. Joseph Wilkinson said: "I think, Danny, this is just my personal opinion. In fact, to be honest, I think that on the last settlement day of yesterday's local time, the Hang Seng Index closed at 11,507 points, and the bulls obviously kept their hands."

Daniel asked: "Why do you say that?"

Joseph Wilkinson said: "It is obvious that on October 30, the day before the settlement date, the long-short game in Hong Kong was close to HK$80 billion, which is 7 times the daily trading volume of the Hong Kong stock market in the past. You should be able to imagine this day. According to our judgment, under the strong sniping of the bulls, the short capital surrounding Hong Kong has basically exhausted its chips."

Daniel understood: "You mean, on October 31, the Hang Seng Index could have been pulled to a higher position by the bulls?"

"Yes," said Joseph Wilkinson. "The trading volume on October 30 was close to HK$80 billion, but on Friday, the total trading volume of Hong Kong stocks plummeted again, only US$37 billion, less than Wednesday. This is a sign that the bulls are clearly holding back."

Daniel asked knowingly: "Joe, the bears have no bargaining chips. Is there still a lot of bargaining chips in the longs?"

The two guests' smiles became a little weird again. After a moment of hesitation, Joseph Wilkinson continued: "We don't need to guess this at all. Danny, obviously, with the Hong Kong government and quantum funds, and Westeros, the power of the emergence of Westeros, not to mention the 80 billion on Thursday, it would be easy to increase the trading volume on Friday to HK$100 billion. You know, HK$100 billion is only US$12 billion."

When talking about a certain name, Joseph Wilkinson obviously lowered his tone, as if he didn't want anyone to hear him say it.

The host Daniel continued to try to induce, but unfortunately, everyone knew it clearly, but the two guests could not say much. In the end, the host had to bypass this topic and continue to talk about the losses of some short sellers in Europe and Asia.

Brentwood Heights villa living room.

After listening for a while, Chen Qing saw that the three of them on the screen were so eager to talk but didn't dare to talk deeply. For some reason, she suddenly felt a little overjoyed, so she started to laugh, and just held her stomach and started rolling on the sofa.

At this time, Cheng Tae-hee, who was also in the game, certainly understood why Chen Qing was laughing, and she also had a certain kind of pride in her heart, and she smiled. Her arrogant man really made people... According to an inappropriate but inexplicably appropriate idiom in China, she was afraid of talking about it.

Actually, it is.

It is obvious that many people know that this Hong Kong financial incident is a large-scale hunt for short capital in the Westeros system led by Wall Street to lead other short capitals around the world, but it is clear that it is one thing in your heart, and it is another thing in your words.

The little media is going to be prosecuted if they talk nonsense.

You are slandering.

The big capital has been broken, so, the question is, do you want to take revenge? Do you have the ability to take revenge? Since you know that you can't take revenge and can only suffer a loss, you still say it out and deliberately let some people remember you in a small notebook and cheat you in the future?

...

...
Chapter completed!