Not only will he make less money, but it will also disrupt the structure he established before the holiday.
If it really collapses, it will be unacceptable.
At least it gives people the impression that he is only concerned with making money and doesn't care about the huge problems behind him, which is not what he wants.
"Regardless of the situation, the surge in index futures and the rise in the broader market have not been supported by any economic basis or policy documents, but rather by a short-term influx of hot money.
You can say it was a temporary false prosperity, but its boost to the bond market cannot be erased, and that is one of my contributions.”
Chen Pingan said with a smile.
Edwards nodded but said nothing.
“So, no matter how hard I push, even if the structure of the index futures has been completed, it will continue to rise under normal circumstances, but it will not last long.
The biggest reason is the lack of incremental funds in the stock market.
Considering what my aunt said that day, do you think I still have a chance?"
Edwards shook his head. "There's no chance. Let's retreat now. I don't think they'll give you much time."
Chen Pingan was still laughing. "Yeah, any document would have buried me in it. The reason they didn't do that was partly because of my father-in-law, and partly to keep their appearance."
"Are you really not worried?"
"I'm worried! So this morning I was still pushing forward.
However, I already sold some of my positions this morning, and the market's holdings haven't increased or decreased much. I don't know who took over these positions."
"I probably gave out more than you did," Edwards handed him a cigar. "I gave out close to one-tenth of the amount, but it gets harder to give out as time goes on."
Chen Pingan lit his cigar. "No matter who takes over, if they run fast, they can still make some money. But if they are too greedy, then there is nothing we can do."
"Do you want to let Mr. Mao know?"
"No, he probably doesn't need it."
On the first trading day after the holiday, the CSI index futures climbed slowly by less than 30 points, with 150 fluctuation points. The total trading volume was less than 2 trillion, which was not large.
On the first trading day, many day traders will not exit easily. This is a common practice, but it is also normal.
Many funds also need to start adjusting their respective directions step by step according to their year-end work plans. For example, they may transfer funds from futures to the stock market, or change trading products.
However, a large amount of funds saw that the 9000 points had stabilized in the last few trading days before the New Year, and naturally believed that it would continue to rise after the New Year.
What's more, the spirit of the three major government meetings last December is still there, and most people have good expectations for the New Year.
Chen Pingan doesn't consider these things.
The market is the market, and all political, economic, and military information, including all aspects of a country's economy, will be reflected in the market.
Because there is always someone who knows more than you and earlier than you.
These people were called smart money in the big books of the past, but in fact they were just people who were closer to the source of information or the driving forces of trend changes.
For example, in the stock market, Chen Pingan can easily change the trend of any stock, control the fluctuation range, and even be accurate to one cent.
But he can't do it in futures.
T+0 and T+1 are different after all.
Normal people go home from get off work after the day's trading session ends at five in the afternoon, while some people just have a meal after returning home. Their work has no time limit.
This includes financial practitioners.
Li Yifei looked at the document sent by the exchange on the screen, and his brows finally relaxed a little.
“He really is starting to withdraw!”
"Tsk tsk, Chen Pingan is indeed worthy of his name. These two accounts have made so much profit! Damn!"
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