The bustling scene outside the brokerage hall finally ended around ten o'clock.
As the stock market was about to open, everyone rushed into the hall. Small retail investors went to their usual spots, while larger ones occupied their own.
"Boss Yang, Boss Qin!"
"How are you planning to operate today?"
In the VIP room, both Xu Yang and Mao Huasheng were present. Although their names were called, all eyes were fixed on Qin Chuan.
It was evident that Xu Yang had already learned from Mao Huasheng that the real expert was Qin Chuan, and Yang Conglong was merely a figurehead who provided the account.
"No operations for now, let's just observe first!"
Under the gaze of many eyes, Qin Chuan slowly said.
"No operations for now?"
Seemingly surprised by Qin Chuan's answer, Xu Yang, Mao Huasheng, and even Yang Conglong were taken aback. After all, Qin Chuan's previous trading style had been extremely aggressive.
He would almost always enter the market with a tenfold leverage, going all-in with a bold and decisive strategy.
In their expectations, the Hang Seng Index's eight-plus percent surge last Friday had ignited market sentiment, with almost all investors feeling bullish and eager to make a big move.
Unexpectedly, Qin Chuan chose the most conservative approach at this moment, opting to wait and see. This went beyond everyone's comprehension.
"Qin Chuan, the market is so good, are you really not playing?"
Yang Conglong asked anxiously. He had been eagerly anticipating today's market opening and had secretly slipped away from the company for it. To his surprise, Qin Chuan was employing this strategy.
"I didn't say I'm not playing, I just said let's observe for now!"
Qin Chuan patiently explained.
"Mr. Qin's trading approach is actually the most brilliant."
At this moment, Xu Yang suddenly spoke.
"You see, the market is always counter-intuitive. When everyone is optimistic, the market might not necessarily go as everyone wishes."
"And..."
Xu Yang paused here before continuing, "This time, the stock market in Hong Kong is not just a normal fluctuation of highs and lows, but a confrontation between two very powerful forces."
"Neither side will stand idly by, so Mr. Qin's strategy of observing and waiting is the best."
Qin Chuan glanced at Xu Yang with some surprise. As expected of a professional, he knew information that many retail investors were unaware of.
He felt the same way. International speculators led by Soros would definitely not stand idly by, so last Friday's surge might not necessarily mean Monday would also see a significant rise.
"It's about to open!"
Suddenly, Mao Huasheng shouted.
Everyone's attention was immediately drawn to the computer screens.
Then, a scene that shocked countless people unfolded. While the entire market was bullish, the Hang Seng Index opened with a plunge of over two hundred basis points, a drop of three percent.
Those who had bid to buy higher were immediately devastated.
Qin Chuan could even hear a chorus of wails from outside, clearly indicating that anyone who had gone long had lost money.
However, this was just the beginning. In less than five minutes, the Hang Seng Index continued to fall, quickly reaching four percent down.
This scene left Yang Conglong stunned and his face pale.
If they had operated as before and all bought long, with a tenfold leverage on their twenty-two point twenty-six million funds, they would have lost over eight million yuan in just this short period.
That was over eight million, not eighty thousand, nor eight hundred thousand!
The larger the capital, the more terrifying the losses with tenfold leverage. To lose everything, about ten percent would be enough!
The rules were the same as when the capital was small.
Thinking of this, Yang Conglong broke out in a cold sweat. He looked at Qin Chuan standing beside him with a terrified gaze, feeling immensely fortunate that they hadn't traded today.
At this moment, his brother-in-law was completely convinced by Qin Chuan. Compared to him, he was truly far behind.
Whether Qin Chuan's dream was real or if Qin Chuan possessed extraordinary abilities and a talent beyond ordinary people, with the so-called dream being a cover, he was superior nonetheless.
Yang Conglong was not the only one surprised. Seeing the Hang Seng Index plummet by four percent and still falling, Mao Huasheng and Xu Yang widened their eyes.
As professionals, they were aware of many behind-the-scenes details, so they subconsciously judged that the market might not rise today, but they hadn't expected such a sharp fall.
If Qin Chuan had continued with his extremely aggressive approach and gone all-in with tenfold leverage, he would have likely lost all of last Friday's profit of ten million within minutes.
"Mr. Qin, you're amazing!!"
"Observing and waiting was indeed the smartest move."
Xu Yang gave a thumbs-up in praise.
Qin Chuan smiled at the compliment, took out cigarettes, and distributed them. "I just felt that we've already made enough, and there's no need to be as aggressive as before. Playing it safe is always good."
"Right! That's absolutely true, quit while you're ahead!"
Mao Huasheng said, "You know, bosses, in just a few days, you've already made over thirteen million yuan. This is an amount that many people can't earn in a lifetime."
"Brother Long, did you hear that? Quit while you're ahead!"
"One cannot be too greedy!"
Qin Chuan turned his gaze to his brother-in-law. He was worried that after he left, this brother-in-law would not listen, still trying to make money in the futures market, and then lose everything, which would be disastrous.
Yang Conglong nodded vigorously. "I understand!"
Since there were no operations, everyone remained relaxed, munching on sunflower seeds and chatting, watching the market's fluctuations.
By the end of the morning session, the Hang Seng Index had fallen by 5.6 percent, a stark contrast to last Friday, like heaven and earth.
One could only imagine how many people had lost their fortunes and families in today's market.
After lunch, at 2:30 PM, the afternoon session began.
The Hang Seng Index continued its morning decline, further plummeting as if to erase all of last Friday's gains.
In less than half an hour, it had already dropped by eight percent. Judging by its trajectory, it seemed determined to wipe out last Friday's entire rise, with everyone shouting about a stock market crash and a thousand stocks hitting their lower limits.
Finally, as expected, the index broke through all of last Friday's gains and even set a new low. The entire market was filled with scenes of desolation and despair.
There's no hope!
The Hong Kong stock market is doomed!
"Mao Huasheng, buy long with two million! Tenfold leverage!"
Qin Chuan, who had been closely monitoring the market, suddenly shouted.
Mao Huasheng, who was operating the trades, was taken aback. He hadn't expected Qin Chuan to dare to bottom-fish at this moment, although the amount of money was not large, only two million yuan!
But as a professional, he reacted swiftly, quickly executing the buy order with a few keystrokes.
At the same time, Yang Conglong, who had thought today was a lost cause, jolted.
His eyes widened as he stared intently at the market, nervously saying, "Qin Chuan, how can you buy long in this market? It's a stock market crash!"
But before his words could even fall, the market index, which had been continuously declining, suddenly began to surge, like a white rainbow shooting straight into the sky, as if breaking through the heavens.
In the VIP room, Mao Huasheng and Yang Conglong were stunned, as was Xu Yang, who had just entered.