Rebirth: Back to 1993 as the richest man

Chapter 437

The time came to 10 minutes ago.

Shanghai Stock Exchange.

Wei Wenyuan, the general manager of the Shanghai Stock Exchange, was receiving the inspection leaders from the SFC.

Geng Liang, Director of the Futures Department of the China Securities Regulatory Commission.

In the trading hall, Geng Liang led a team to inspect, and Wei Wenyuan accompanied him with a smile on his face.

"Old Wei, you also know that I am in charge of futures. In addition to the tasks assigned by the superiors, I also took a look at the situation of several futures products. Our country has a short time to engage in financial futures and lacks experience, but the superiors have repeatedly said that we must strictly control the futures. There can be no more chaos like last year's 314 national debt."

Geng Liang turned his head and glanced at Wei Wenyuan beside him, then he sighed and said:

"If you think about it, you also know that it has been two years since the issuance of 327 national bonds, but the public response has always been mediocre. This time, the Ministry of Finance has racked its brains in order to stimulate the 327 national bonds for the past two years."

Hearing what Geng Liang said, how could Wei Wenyuan not understand.

The news that the 327 national debt will increase the discount rate has been circulated on it before, and today the Ministry of Finance issued an official announcement.

Don't even think about it, the 327 national debt will definitely have another bloody battle today.

As far as the China Securities Regulatory Commission is concerned, no matter how fierce the market competition is, what they want to ensure is the stability, safety and fairness of the market.

"The 327 national debt has gone through twists and turns. The interest discount announcement issued by the Ministry of Finance this time has indeed caused a lot of repercussions. I heard that even the China Economic Development Corporation has personally ended it. This is really embarrassing Director Geng."

In the trading hall, Wei Wenyuan followed Geng Liang and said with a smile.

"I'm not too worried about the China Economic Development Corporation. I just heard that Guan Jinsen of Wanguo Securities seems to be involved. Both of these two companies are powerful, and there is no room for any mistakes today."

Geng Liang waved his hand, then glanced around, and whispered in Wei Wenyuan's ear:

"Actually, I came today with orders from above!"

Wei Wenyuan was shocked when he heard this.

"Director Geng still has important responsibilities?"

"The 327 national debt has a lot to do with it, and the decision to raise interest rates was also temporarily decided by the Ministry of Finance. In order not to cause market chaos, I have to represent the Securities Regulatory Commission and the Ministry of Finance this time and listen to the opinions of those big investors."

When Geng Liang said this, Wei Wenyuan was also shocked.

"Big family?

Director Geng, I don't know what is the standard for this big family? "

"As mentioned above, all exchanges that account for more than 80% of the trading volume of the entire futures market are on the meeting list."

Geng Liang said in a deep voice.

Obviously, although the domestic financial market has begun to take shape, the rules and regulations have not yet been perfected.

As soon as the announcement of the temporary interest rate increase of the 327 national debt came out, the higher-ups already had a premonition that something would happen, so they asked Geng Liang to come down and collect feedback from various exchanges.

Hearing Geng Liang's words, a figure suddenly appeared in Wei Wenyuan's mind.

Guan Jinsen of Wanguo Securities!

Today, Guan Jinsen asked him to suspend the transaction of 327 national debt, but Wei Wenyuan refused the other party because of insufficient authority.

At this time, after hearing Geng Liang's words, Wei Wenyuan couldn't help guessing that if Geng Liang had arrived two hours earlier, perhaps Guan Jinsen's request would have really responded to his superiors.

Of course, this idea just flashed through Wei Wenyuan's mind.

As long as Guan Jinsen forcibly liquidates the position according to his statement, Wanguo Securities will lose a lot of money. Although it will hurt the muscles and bones, it will not ruin the family fortune.

Right now, his mission is naturally to accompany Geng Liang to complete this inspection mission.

Just before Wei Wenyuan realized the seriousness of the matter.

In the trading hall, a man in overalls rushed to Wei Wenyuan, and said in a panic:

"General Manager Wei, the trading situation of 327 national bonds is not right. Wanguo Securities has obviously violated the regulations. Now the price of 327 national bonds has begun to plummet."

The man's voice came out, and the expressions of Wei Wenyuan and Geng Liang, who were standing in place, suddenly changed.

"What did you say?"

Wei Wenyuan and Geng Liang said in surprise almost in unison.

Without waiting for the person in front of them to explain, the two hurriedly looked up at the electronic screen, which was showing the transaction status of 327 national bonds.

At this moment, it is only 5 minutes before the market closes.

A large number of empty orders suddenly appeared in the late trading of 327 treasury bonds, causing the price to plummet.

"How is this going?

How could Wanguo Securities have such a large position? "

In just a few minutes, millions of empty orders appeared.

Seeing this scene, Wei Wenyuan and Geng Liang almost looked dull.

"It's over, it's over... Guan Jinsen is crazy!"

Wei Wenyuan stood where he was, with an increasingly ugly expression on his face.

However, this moment is not just the Shanghai Stock Exchange.

In all the trading halls of the sales department, countless people can see the most exaggerated late trading chart this year.

First, Wanguo Securities successively lowered the price of 327 national debt with multiple large orders of hundreds of thousands of lots.

Immediately afterwards, the various camps reacted, and the bulls headed by China Economic Development Co., Ltd. began to suppress it.

However, limited by the amount of positions and funds, this time the multi-party camp showed a decline in the last few minutes.

Wanguo Securities continuously threw out a large amount of empty orders, bringing the price of 327 treasury bonds back to 148 yuan.

On the electronic screen, the 327 national debt began to fall at an extremely exaggerated speed.

At the same time, bulls continue to follow suit and empty their positions.

In the trading hall on the second floor of Wanguo Securities.

Guan Jinsen still didn't know the news of Geng Liang's appearance at the Shanghai Stock Exchange, but now that this scene finally came, he was only excited.

More people don't necessarily mean more power.

This time, Wanguo Securities will make history with one enemy against a hundred.

"Throw out all the long positions that were reversed before!"

As soon as Guan Jinsen said this, all the traders present got busy again.

Before the 327 national debt rose rapidly, Guan Jinsen used the multiple seats held by Wanguo Securities to reverse the long position and took over 300 million lots.

Throwing them all at this moment is only creating panic in the market and causing the bulls to confuse themselves.

Those who follow suit and sell will become his help instead.

In just 2 minutes, the price of 327 treasury bonds has completely embarked on a downward trend, and there is a tendency not to turn back without hitting the south wall.

Even if the bulls work together, the price of 327 government bonds is also falling uncontrollably.

In the last minute, everyone thought that everything was about to end.

Another huge empty order that people dare not even think about appeared, completely nailing the price of 327 national bonds to 147 yuan.

740 million empty orders are as powerful as depth charges.

As the time came to three o'clock in the afternoon, the 327 national debt finally ended its trading status.

147 yuan!

The price is fixed here!

In the lobby of the Shanghai Stock Exchange, Geng Liang, the director of the Futures Department of the China Securities Regulatory Commission, already had a look of shock and anger on his face.

Beside Geng Liang, Wei Wenyuan, the general manager of the Shanghai Stock Exchange, had a pale face.

How could Wanguo Securities hold so many empty orders?

You know, just based on the number of empty orders sold by Wanguo Securities this afternoon, it would cost at least tens of billions in terms of margin alone.

It is impossible for Wanguo Securities to have so much funds.

Therefore, Guan Jinsen must have taken advantage of the loopholes and carried out illegal operations.

And no matter what Guan Jinsen did, Wei Wenyuan, the general manager of the Shanghai Stock Exchange, could not escape the responsibility of oversight.