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szdaily -> Speak Shenzhen -> 
Fire sale
    2021-04-01  08:53    Shenzhen Daily

对冲基金Archegos Capital强制平仓事件可能令涉及的银行损失逾60亿美元。请看本报昨日的报道:

Global banks may lose more than US$6 billion from the downfall of Archegos Capital, Reuters quoted sources familiar with trades involving the U.S. investment firm as saying Tuesday, as regulators and investors feared the episode would reverberate more widely.

Japan’s Nomura and Credit Suisse of Switzerland warned of major losses from lending to Archegos for equity derivatives trades, triggering a worldwide selloff in banking stocks.

...

Losses at Archegos Capital Management, run by former Tiger Asia manager Bill Hwang, sparked a fire sale of stocks including ViacomCBS and Discovery on Friday, one of the sources said.

报道中的fire sale就是“抛售、大甩卖”,本意指火灾受损物品的大甩卖,引申为“以极低的价格甩卖”。例如:

The company is having a fire sale of its old office equipment.

这家公司在甩卖旧的办公设备。

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