240: Selling off CITIC Securities shares and cutting off all of Goldman Sachs's support, Morgan O'Reilly's mockery!

The Goldman Sachs Group was targeted, and Junlin Finance officially launched an attack against them.

This incident instantly spread among major financial Institutions worldwide.

Leaving everything else aside, Junlin Finance daring to challenge the Goldman Sachs Group on Wall Street was extremely admirable.

What courage!

"That fierce? A financial institution from China actually dared to challenge an American institution on Wall Street?!"

"This is going to be interesting. The Goldman Sachs Group is no pushover!"

"Damn it, when the immortals fight, the mortals suffer. I bought bank stocks just for the interest, but now I'm losing my shirt!!"

"Why worry about bank stocks? For long-term investors, this kind of short-term fluctuation is actually a great time to increase positions. My friend who deals in Futures is the one who's truly miserable—he got Forced Liquidation!"

"I just don't know what Goldman Sachs' counterattack will be!"

"I estimate Goldman Sachs' counterattack will be equally thunderous. This is Goldman Sachs, after all!"

But in the eyes of the top financial magnates, Goldman Sachs might truly be facing a crisis this time.

Otherwise, they should have counterattacked the first time Junlin Finance provoked them.

But even now, Goldman Sachs has not been seen making any effective counterattack.

On Goldman Sachs' side.

Were they not making an effective counterattack?

Did they not want to?

It's because they simply couldn't spare the manpower!

Junlin Finance's attack was too swift and too tricky.

Every strike hit Goldman Sachs where it hurt the most.

Losses in the bank stocks they were market-making, mass liquidation of offshore Interest Rate Swap Contracts, and margin calls demanded on the Bulk Commodities they primarily traded.

Every point was crucial, directly hitting their liquidity problem.

Not to mention, before this, the leak concerning client holdings in the Asia-Pacific Region had already occurred.

This chain reaction, link after link, makes it impossible for anyone to believe they hadn't prepared in advance.

Running ragged!

That is the Goldman Sachs Group right now.

They were reluctant to give up the rising market trend in the A-share market, yet they didn't know which Institutions they could borrow money from.

Moreover, after all this was done.

Wang Lin began his final strike.

Which was crashing the A-share market, specifically the brokerage stocks, ensuring that even if they wanted to take profit on Brokerage Firms, they would still feel a pang of pain.

Wang Lin looked at the overall market index today.

Hmm, not bad. It was still rising.

Wang Lin looked at the joyful comments from the Retail Investors in the Stock Bar, a hint of cruelty on his face: "I wonder if you've heard the saying, 'Bearish Candles Often Appear During a Bull Market'? Today, I'll enlighten you!"

While the four major Trust Companies concentrated their fire on Goldman Sachs Group's other businesses.

Wang Lin was simultaneously cutting off Goldman Sachs' last line of retreat.

Taking CITIC Securities as an example.

Wang Lin had truly gone all out to take down Goldman Sachs this time.

Normally, he would never use the CITIC Securities Zheng County Huaihai Road Branch account.

Selling from this account also signaled that he believed the brokerage sector rally was over.

This had been an unspoken rule between him and the Retail Investors loyal to him for a long time.

CITIC Securities.

The increase for this stock today wasn't that high, only slightly more than 2 points.

But it was enough.

Over this long period, Wang Lin's profit on this stock had already reached several times the initial investment.

He quickly scanned the market again and finally gave the command: "Crash the market! Start by crashing CITIC Securities, and then all other brokerage stocks follow suit!"

"Today, let them feel the fear of a flash crash!"

The Traders had been waiting for a long time.

Upon receiving the order, they quickly sprang into action.

On the trading screen.

Large sell orders for individual brokerage stocks quickly appeared on the short-term spirit.

This scene was instantly captured by countless funds!

Goldman Sachs Group was also watching.

Or rather, ever since Junlin Finance began its full-scale siege, they had been keeping a close eye on the brokerage sector.

Fearing that the opponent would crush this point as well.

But deep down, they understood that the brokerage sector was special, and normally Wang Lin would not move against it.

The brokerage sector represents the sentiment of a bull market and steady performance.

Wang Lin's attack on Goldman Sachs this time seemed, on the surface, to be because Goldman Sachs had first moved against Brother Lin.

But after their own meticulous analysis, they concluded that the opponent had actually smelled a funding loophole in their company.

This allowed them to seize the opportunity, hoping to gain worldwide fame by defeating Goldman Sachs.

The hype surrounding the chinas richest man was also present.

The combination of these two factors would certainly shock financial professionals over the next two years.

Kevin, the head of Goldman Sachs Asia Pacific Region, was full of confidence in this way. Although he was now sweating profusely, he had an unusually blind confidence in the bull market trend of the A-share market in China.

"You all keep your eyes on the A-share market screen, and when you have a moment, try to salvage some of the losses in our bank stocks and the Futures situation!"

Kevin's words were filled with conflict.

But soon, the collapse of CITIC Securities left him with no conflict left.

Because.

He hadn't expected Wang Lin to actually crash CITIC Securities!

In his opinion, over 90% of the crash in this Brokerage Firm today was caused by Wang Lin.

Because the intensity of the crash was too rapid, and they even posted the secret code 9696.

This was no longer a covert crash; it was practically crashing with an open hand.

Some well-informed institutional magnates and top Hot Money groups saw this scene and tacitly refrained from intervening.

Even if they intervened, they followed suit and joined the crash.

At a time like this, they wouldn't hold Wang Lin back.

After all, Wall Street's disdain for all other global financial markets was notorious.

Now, let Goldman Sachs taste the bitterness of defeat.

Of course, there was another point.

Everyone agreed that the brokerage stocks rally was not yet finished.

Thus, Wang Lin strategically crashing and driving down the brokerage stocks, both to vent anger and to target the Goldman Sachs Group.

Was actually giving them an opportunity to buy the dip.

They naturally had to thank him for this chance.

They might skip other stocks, but they absolutely had to buy CITIC Securities, the dragon head!

This unspoken understanding also made Goldman Sachs suffer greatly.

And of course, the Retail Investors.

"Holy crap, why did the Brokerage Firms suddenly flash crash?!"

"Damn it, 10 minutes ago CITIC was up 2 points, but I just went to the bathroom and came back to find it crashed to -7%? Are you kidding me? You're the dragon head!"

"The crash is too severe. CITIC, this major dragon head, saw over 5 billion sold off frantically in 10 minutes. Which big shot is liquidating their entire position? No one can absorb this!"

"I'd say it probably rose too much, so a drop is normal!"

"It can drop, no one said it couldn't, but you can't flash crash this wildly. This is extremely unusual today!"

"Don't say so much. There must be some bad news we don't know about. Brothers, sell just in case. Didn't you see that pacific, that small stock, is already sealed at limit down?"

"I'm not selling. I'm waiting until Brother Lin sells before I sell!"

"Same here. How many times did CITIC Securities hit limit down from limit up before? It was all because Brother Lin hadn't left. I'll wait this time too. I'll wait even if it means hitting limit down!"

These Retail Investors were indeed persistent.

And their persistence had indeed earned them a lot of money.

Stock Investors who had followed Wang Lin faithfully from beginning to end had basically earned over a million in capital by now.

Not to mention anything else, just take CITIC Securities this time: as long as they bought in immediately the day after Brother Lin's seat appeared on the dragon and tiger list, and held on without moving.

Regardless of limit down from limit up, or various rumors that the price was too high.

As long as they didn't move, earning several times their investment this wave was absolutely no problem.

Given that premise, it was perfectly normal to take a limit down hit while waiting for Brother Lin to exit.

In the stock market, there is a professional term for this, called certainty!

Brother Lin was the ultimate benchmark for that!

Half an hour later.

CITIC Securities was flat on the board, hitting limit down completely.

Simultaneously, over half of the individual stocks in the brokerage sector were also lying on the limit down board.

Dragged down by the brokerage sector were the overall market index, and many other sectors through transmission.

It could be said that today was a day of collapse.

Just looking at the large-cap stocks showed how fiercely the market fell.

shanghai composite index -2.7%!

Blood flowed like a river!

This was the market situation today.

Retail Investors were crying themselves dizzy in the bathrooms; they didn't even know why Brokerage Firms flash crashed today.

And Goldman Sachs? Several Traders looked at the screen, hands trembling and feet cold.

They didn't even dare look at Kevin standing behind them.

Kevin was currently dumbfounded too.

Was this the A-share market he was so proud of?

Were these the brokerage stocks he was most certain wouldn't be crashed?

"No, why? Why?"

"brokerage stocks haven't finished their run, that's certain. Why crash them? Just to spite our Goldman Sachs?"

Kevin smoked an entire pack of cigarettes in the trading room and still couldn't figure it out.

Just as he couldn't figure out why, during the trading session, he went through countless internal struggles only to ultimately give up on crashing the market himself.

He truly couldn't bear to give up this wave of the A-share market rally.

So what if it adjusted for a few days?

Wang Lin could crash it temporarily, but he fundamentally couldn't stop the major trend of the bull market!

"Hold out for a few more days, there will be a rebound and reversal! The special power of Retail Investors won't be swayed by an individual!" Kevin gritted his teeth.

But.

When the dragon and tiger list was released at 5 PM that afternoon, the Retail Investors' reaction made Kevin feel chilled to the bone.

CITIC Securities hit limit down, and the dragon and tiger list appeared.

No one looked at the buy list; everyone's gaze was fixed on the number one position on the sell list.

CITIC Securities Zheng County Huaihai Road Branch, Net Sell: 2.47 billion!

Sold! Everything was sold! Liquidated completely!

Seeing this net sell order in the top selling position, the minds of all Stock Investors holding brokerage stocks went blank.

"F*ck, brothers, the sky has fallen!"

"Am I seeing things? Was the crash today really caused by Brother Lin?"

"Too crazy! A net sell of over 2 billion, this is definitely a full liquidation!"

"The smart ones have already placed overnight limit down orders to run, and the foolish ones are still wailing here!"

"Brother Lin is liquidating right before the New Year. Does he not want to gamble on next year?"

"I don't understand why Brother Lin is selling, but following him tomorrow is all that matters!"

"So Brother Lin was the one who crashed the market today. No wonder I bought so much and couldn't lift it."

Damn it, is there truly a Hot Money figure whose pricing power is so deeply ingrained?

After reading these comments, Kevin nearly had a cerebral hemorrhage from sheer anger.

These are A-share market investors?

Have they been trained by Brother Lin to this extent?

He liquidated over 2 billion, crashing CITIC Securities to limit down, yet some people are cheerfully saying they will place a limit down order tomorrow to escape.

There were hardly any people cursing Brother Lin!

"At this rate, it looks like tomorrow really will open with a one-board limit down. Not a single person is talking about buying or being bullish?"

Kevin didn't know what to say.

He decided to check the sentiment again that evening.

But that night.

He searched through all the financial forums for the A-share market, even including the Stock Picking Bar, and still found hardly any funds saying they intended to buy.

Not only that, but people were analyzing the probability that CITIC Securities wouldn't open at limit down tomorrow.

But 99% of people gave the same answer: 0!

That night, Kevin suffered a rare bout of insomnia.

Watching his company's stock on the US Stock Market market, which wasn't experiencing too much turbulence, his heart settled slightly.

In the Futures market, however, copper and aluminum Futures were still struggling to oscillate amid the storm.

Furthermore, the company's internal group chat was urgently issuing notices, requiring all senior executives to leverage their personal networks to help the company overcome this difficulty.

Kevin was sleepless!

.

The next day.

Kevin came into the office with dark circles under his eyes.

He was defiant; he wanted to see if CITIC Securities would truly hit limit down during the call auction, just as predicted yesterday!

9:15 AM, CITIC hit limit down.

Without the slightest hesitation, massive sell orders were dumped onto the market.

Kevin was stunned.

What was going on?

limit down is limit down, but why was there no transaction volume on the buy side?

He looked at the Stock Bar.

Many Stock Investors were actually trembling inside.

"Holy crap, no way, Brother Lin, can your influence not be so huge? Are you really going to trap us brothers?"

"Will the overnight limit down orders not even execute today?"

"No, no, brothers, just wait a little longer!"

"Haha, the smart ones actually sold yesterday. The 9696 sell order was too obvious; I knew right away it was Brother Lin crashing the market!"

Fortunately, a stock of CITIC Securities' caliber is influenced by many factors.

At 9:25 AM, over 600 million yuan was still traded.

There were quite a few buy orders.

It seems some people were still optimistic about lifting the limit down today.

But in other words, it truly opened with a one-board limit down today.

Is this the weight of Brother Lin's influence?

Kevin was somewhat confused.

But the critical point was that at this very moment, he received a text message.

The sender was Morgan Ored: "Did you feel the fear of Brother Lin?"