Other language: Vietnamese
Treasure Book.
Chapter 23: Buy and Leave (Part 6). [25]
Summary
On the morning of the second day, everyone gathered in Ding Xiang Dong's trading room, aware that it would be a pivotal day. Ding Xiang Dong maintained a cheerful demeanor, but Shen Li Dan sensed underlying tension. Young Master Tang Er urged her to short the market, causing her frustration. Cao Hang Chang understood the stakes involved, while Ding Xiang Dong felt a sense of control over their fates. Suddenly, news broke that the Ministry of Finance would redeem the 327 treasury bonds at a higher price than expected, shocking everyone in the room. The shorts had misjudged the situation, and as the market opened, the longs surged, causing the price of 327 to rise sharply. Cao Ke Wen quickly acted to close his position and go long, while Shen Li Dan realized the potential profits from her position. The high leverage in treasury futures presented both significant rewards and risks.Full content
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