221: The ridicule from his Wall Street peers showed O'Reilly what the power of Wall Street was all about!

The opening of the Shanghai-Hong Kong Stock Connect.

This made the other foreign capital eager to try their hands at aggressively harvesting a wave of leeks in the A-share market.

After all, judging by the previous performance of Chinese Institutions in their US Stock Market, it was truly unsatisfactory.

The reason all channel funds were previously ceded to the Morgan Family was to save face for their family.

But now it seems they gave Morgan a chance, yet he was utterly useless?!

Over 50 billion in funds were completely shattered by the opponent using limit down from limit up, Limit Down to Limit Up Reversal, and other tactics within just a few days.

Shameful!

They disgraced Wall Street.

These Wall Street peers wanted to aggressively profit from the Retail Investors, Hot Money, and even Institutions in the A-share market this time.

They also wanted Morgan Ored to clearly see what the true power of Wall Street was.

And to make the capital in the A-share market understand that the representative of Wall Street was not Morgan Ored.

But these major players!

.

The next day.

The A-share market gapped up.

Especially the brokerage sector, which was the main force behind today's gap up.

As fiercely as it fell yesterday, that's how violently it rose today!!

CITIC Securities gapped up by 5 points!

The appearance of a dragon head was fully displayed.

This even brought tears to the eyes of the bulls in the Stock Bar.

“Invincible, truly invincible!!”

“This is the true bull of the A-share market! We risked death to buy at the bottom yesterday, and today we are finally receiving huge rewards!!”

“Sure enough, the CSRC still pays attention to us bulls. They knew we were supporting the market and released good news that very night!!”

“Although, this has nothing to do with the Village Chief and the others; it just happened to coincide!!”

“Charge! Today we will achieve a Limit Up reversal, letting the world see the resilience of brokerage stocks!!!”

“I also bought at the bottom yesterday, but I only bought a 20% position. Now it seems I bought too little!!”

“Brothers, add positions directly during the call auction! Now is the best time; the third wave is definitely coming!!”

“I bought CITIC at the limit down board with a full position yesterday. Am I going to make a huge profit today?!”

“Awesome!!”

Today's call auction was not a manifestation of a single force, but the result of competition between multiple parties.

For example, the foreign capital had already deposited funds into their accounts at 9 o'clock today, just waiting for the A-share market to open.

These brokerage stocks were also their key focus for buying.

Just as many people said, this year might be a Great Bull Market.

However, while others were just talking, these people from Wall Street truly believed it.

Because they had a basis, and this basis included their detailed data and research on many things in China.

As well as the deduction of financial market cycles.

The lighthouse of global finance is definitely not just talk.

Therefore, today's call auction was very normal.

CITIC Securities gapping up by 5 points also set the stage for today's surge in the A-share market.

After 9:30 AM began.

The overall market index first dropped slightly, especially the brokerage stocks, since they had collectively hit limit down yesterday.

Since they gapped up so much today, how could they rise without a slight shakeout?

After dropping slightly for two minutes as a gesture, the bulls were already impatient.

At 9:39 AM, CITIC Securities had already risen to 8 points, just 2 points away from sealing the limit up.

One could imagine the bulls' thirst.

Upon seeing CITIC Securities' charge, the rest of the brokerage stocks also began to rise one after another!!

At 10:00 AM sharp, CITIC Securities sealed the limit up.

Seeing this scene, Wang Lin couldn't help but exclaim, "This foreign capital is still so aggressive!!"

"Then start the Dump Stock! Since they want to send me money, it would be impolite for me to refuse!!"

Wang Lin's remaining 30 billion yuan was to be sold entirely at the limit up today.

Just like that, the bulls and bears engaged in a massive confrontation on the board.

Whenever the bulls sealed hundreds of millions on the board, the bears immediately dared to throw those hundreds of millions out.

On the trading screen, all one could see were continuous prompts from the short-term spirit.

[short-term spirit: CITIC Securities seals the limit up!]

[short-term spirit: CITIC Securities unseals the limit up!]

The maintenance work for today's board.

Was being handled by the Goldman Sachs Group.

It was the company that invested in Ali Baba during the Capital Winter, but then abandoned Ali after only making seven times the profit.

Although they did make money, why did so many people who learned about this feel so aggrieved?

Of course, this incident was merely an isolated case of investment failure for Goldman Sachs.

It couldn't really be called a failure, as they earned seven times the profit.

In their view, if they were going to play the A-share market today, they had to play the Dragon Head Stocks.

The Dragon Head Stock among Brokerage Firms was undoubtedly CITIC Securities.

This also aligned with their argument.

Inside the Goldman Sachs Group.

Fierce discussions were taking place in the Trading Room.

“I think we should buy right on the board. Whatever amount of chips these bears dare to Dump Stock, we will take it all!!”

“That behavior is too reckless. I don't think it's appropriate. Since we can clearly buy at a lower price, why buy on the board!!”

“Why? We are using our own accounts, which will be reflected on the A-share market dragon and tiger list. Buying below? I can't afford to lose face like that!”

“If you put it that way, then I also agree to buy on the board. We must firmly seal the limit up today and show the Retail Investors of the A-share market what foreign capital is all about!!”

The Trader who had just suggested buying at a lower price also nodded in agreement.

Indeed, rather than saving a small amount of capital, it was better to give the A-share market Retail Investors this kind of impression.

From beginning to end, they never discussed whether buying CITIC Securities on the board today would result in a loss.

Because they knew they wouldn't lose!!

According to the information they received, supported by various data, the probability of the A-share market cutting interest rates this year was over 70%, which was enough for them to go all out!!

Therefore.

CITIC Securities, the core of the Brokerage Firms, the core of the A-share market bulls.

Was experiencing explosive volume on the board today!!

Junlin Finance was frantically Dump Stock, and the Goldman Sachs Group was frantically protecting the market.

This battle between bulls and bears lasted for three hours!!

A full 30 billion yuan worth of chips were all sold off at high prices above 7 points.

This left many Stock Investors dumbfounded.

The Stock Investors referred to here were not the lowest-level Retail Investors; they couldn't understand this. In fact, some people didn't even know what turnover rate was.

They were just following the trend to trade stocks, nothing more.

Those truly shocked were the domestic Hot Money and Institutions, as well as certain major players on Wall Street.

“Holy crap, today's battle between bulls and bears was fought way too fiercely, wasn't it?”

“Tell me about it. I've never seen bulls protect the market so frantically at such a high level. What's going on?”

“Damn it, with this level of market protection, I feel like I sold too early. Forget it, I'll grit my teeth and buy another 10% position. If it really takes off tomorrow, at least I'll feel involved!!”

“I, for one, put 5 million yuan onto the limit up board as a small test. I really don't dare to buy at this high price.”

“Terrifying turnover rate! After this, it will either take off or crash; it won't trade sideways anymore!”

“Sealing the board at this level definitely isn't something ordinary capital can do. I even have reason to suspect it's foreign capital?!”

As soon as this suspicion arose, the bulls became even more frantic.

At the very least, the Hot Money secretly increased their trial funds from 5 million to 10 million yuan.

As for Alliance Leader Zhang, he quietly went to ask Wang Lin: "Did you Dump Stock CITIC today?"

Wang Lin smiled and said, "Yes. Did you buy on the board?"

Alliance Leader Zhang pondered for a moment before saying, "The people who took your chips this time must be foreign capital that just entered the market. I actually have a piece of inside information that there might be an interest rate cut..."

Hearing this, the smile on Wang Lin's face widened.

This guy's information channels are really impressive.

No wonder he could manage Cambrian long-term in the future. Every one of these successful Hot Money players has connections.

Wang Lin didn't mind giving him a hint: "So, do you think I would really sell off all my chips? I was the one who first drove up the brokerage sector this time!"

Alliance Leader Zhang understood what he meant.

It turned out that even though they were fighting tooth and nail now, they were still ultimately benefiting Wang Lin.

This was equivalent to him holding the Initial Shares; no matter how they played afterward, he still maintained the advantage.

Alliance Leader Zhang was both happy and envious.

This kid's talent was simply too good.

He just wondered which stocks Wang Lin planned to buy after selling off this batch of funds.

Alliance Leader Zhang, sitting there, couldn't help but fall into deep thought.

The major players on Wall Street.

In fact, seeing CITIC constantly absorbing supply on the board today, they knew exactly which firm was responsible.

“Goldman Sachs is still so aggressive, insisting on tackling the dragon head?!”

“It's fine. If he wants to do it, let him do it. We can follow behind and still get our share of the profits!!”

“I wonder if the capital that did the Dump Stock today included Morgan's people. If it did, that would be interesting.”

The 30 billion yuan worth of brokerage chips were truly all Dump Stock above 8 points, thanks to the strong support from foreign capital.

The selling environment was so comfortable that Wang Lin felt it was hard to believe.

However, it wasn't until the dragon and tiger list was released after the market closed that Wang Lin understood their true intention.

CITIC Securities, Buy 1: Goldman Sachs (China) Century Avenue Securities Branch, Pudong New Area, Shanghai.

Net buying capital: 6.6 billion yuan!

Terrifying indeed.

Is this the might of Goldman Sachs?!

They absorbed over 6 billion yuan worth of chips on the board in a single day.

That was more than 2 percentage points of CITIC Securities' shares.

Stock Investors were also greatly shocked to see this scene.

“Tears streamed down my face. It turns out the true bulls are foreign capital!!”

“That is incredible! They dare to frantically take over the selling at such a high price. I was wondering who was taking the supply on the board, but if it's Goldman Sachs, then it's not surprising. They have the strength!!”

“Thank you, Goldman Sachs, for helping me withstand the divergence today. Please show your strength tomorrow; the sky is the limit. Rise!!”

“Compared to protecting the market, I'm more curious about who the heck was selling off today. Such a great market, yet they stubbornly suppressed the rise.”

“Chips of this magnitude probably only belong to major Institutions!!”

“Understood. From now on, I'll follow in Goldman Sachs' footsteps. Trading stocks alongside foreign capital usually won't result in losses!!”

Even Wang Lin couldn't help but sigh: "As expected of Goldman Sachs, they have great courage."

With this dragon and tiger list ranking, many Stock Investors unconsciously increased their approval of foreign capital.

This was something Wang Lin couldn't change even if he knew it.

He couldn't exactly stop them from taking over the selling at high prices... Over the next few days.

Wang Lin did not sell off any more stock.

Without the suppression of him, the major bear, the brokerage sector once again started a round of bullish movement.

The foreign capital that had made money began mocking Morgan Ored through their respective channels.

A place like Wall Street is a mixed bag, and there are business dealings between many financial Institutions.

The Morgan Family, representing JPMorgan Chase and Morgan Stanley, saw the former rank first this year with total assets of 2 trillion US dollars, making it one of the largest banks in the Beautiful Country.

Its business covers various areas of banking.

Morgan Stanley, on the other hand, specializes greatly in investment banking; areas like investment banking, securities trading, and wealth management are what they do best.

Morgan Ored was a very orthodox member of this group.

However, this very orthodox Direct Descendant of the Morgan Family now seemed to be facing a crisis.

Goldman Sachs: "This Direct Descendant of the Morgan Family seems to have been educated quite poorly!!"

Blackstone Group: "Although it wasn't our turn to go to the A-share market, seeing the market trend this time, I also feel that OReid is unreliable!"

Citi: "The decline of the Morgan Family begins today!"

Wells Fargo: "Perhaps, we Wells Fargo are about to make history and surpass the number one bank?!"

When Morgan Ored saw these messages, he was so furious he felt like exploding.

In contrast, his father, Morgan Sam, was very calm: "You need to know that being the heir of the Morgan Family is not easy. And you understand that I am not the only one who can sit in my position, right?"

"This failure could have been endured and overcome, but the Shanghai-Hong Kong Stock Connect just happened to open, giving other capital the opportunity to enter the A-share market."

"Especially since it allowed them to achieve success, it highlighted your incompetence! It also gave your younger brothers under you a chance to scheme."

The two words "incompetence" left OReid deeply disheartened.

He knew himself that it wasn't incompetence, but underestimating the enemy.

However, judging heroes based on success or failure is the foundation of finance. After all, everyone only looks at the results, only at who the final winner is.

He said, somewhat unwillingly, "Does this mean I have failed?"