Chapter 870: 862 Confrontation! Money Feast, Start Killing!

PS: If you see repeated chapters, refresh the first or second chapter, both chapters need to be refreshed.

————————

Starting from July 5th,

international massive funds continuously entered Hong Kong.

In the futures market, they quickly took action to acquire short contracts of the Hang Seng Index. These short contracts had an average construction index position at the 10,000-point level.

And in the stock market, they aimed at index stocks to launch acquisition actions. Component stocks that have a key influence on the Hang Seng Index, such as HSBC Holdings and Hong Kong Telecom, were bought in large quantities by international hot money.

The Hang Seng Index started to climb, reaching 10,200~10,300...

July 8th,

Hong Kong weather turned from rain to cloudy, and the weather was cool.

On the sea,

three yachts were docked.

Director Director Director Guan Zu Zu, the Financial Secretary, and the Monetary Authority Chief were sitting on a yacht, fishing.

Monetary Authority Chief Ren Sir talked about the current actions in Hong Kong's financial market one by one.

"Currently, the hot money short contracts have exceeded 160,000... and the time positions are all at the end of August..."

"In addition, foreign capital also purchased a large number of component stocks. The Hang Seng Index rose by 3 points, but it was all index component stocks rising, and other stocks rose very little..."

Director Director Director Guan Zu Zu's fishing float moved. He raised the rod, and an 8-tael grouper was caught, splashing water and struggling constantly in the air.

"So they should be preparing for a decisive battle at the end of August?"

"Obviously, yes."

Director Director Director Guan Zu Zu tilted his head: "The only pity now is that our Hang Seng Index component stocks are only 33. It's too easy for them to manipulate. If I had known, I would have made more component stocks."

In the previous life, it was also because Soros settled the Hong Kong financial crisis, and then Hong Kong created 85 component stocks, which greatly increased the cost of international hot money shorting.

Director Director Director Guan Zu Zu can be considered a wise man who made a mistake, forgetting this point.

So, why didn't it increase in the year from 97-98 in the previous life?

July 15th, New York time morning.

Soros and other institutions concocted "Hong Kong Dollar: The Next Thai Baht", which was officially published in the "Wall Street Journal".

It was jointly signed by institutions such as Soros and the Tiger Fund.

Once the news came out,

the Hong Kong dollar foreign exchange market was shaken.

The hundred-billion-level Hong Kong dollars hoarded by funds such as Soros started to be sold off by 1 billion, 1 billion, causing market panic.

Investors holding a large amount of Hong Kong dollars saw this report and saw the Hong Kong dollar sell-off in the foreign exchange market. Their confidence was shaken, and they started to sell the Hong Kong dollars in their hands.

In the foreign exchange market, under this strong selling pressure, the Hong Kong dollar against the US dollar started to depreciate and fall.

At this time, the Eastern Hemisphere, Hong Kong.

23:00.

"Ring ring ring~~~~~"

Director Director Director Guan Zu Zu's phone kept ringing.

There were calls from New York, the Financial Secretary, and the Monetary Authority.

All reported a piece of news to Director Director Director Guan Zu Zu — Soros finally took action.

Director Director Director Guan Zu Zu got up and looked out the window.

The leaves were shaking.

The wind has risen!

The capital volume of hot money in this life is larger than in the previous life.

200,000 short contracts, 100 billion Hong Kong dollars, locked in August.

Soros and these international hot money set the target of the Hang Seng Index below 4,000 points. If successful, they could earn 60 billion Hong Kong dollars.

And if Director Director Director Guan Zu Zu could push the Hang Seng Index above 16,000 points, he could also let Hong Kong earn 50 billion from them. (Of course, in reality, they would explode their positions in advance, or reduce positions, so in reality, they would earn much less.)

Besides that, there is the exchange market...

Who wins and who loses?

Director Director Director Guan Zu Zu's heart was agitated.

Damn, waited for a year, do you know how I spent this year?

The situation is set, the prey has entered the trap!

It's time to start killing!

The next day,

early in the morning, the news of the Hong Kong dollar falling had already reached Hong Kong.

However, Hong Kong citizens were already used to it. It wasn't the first time it had been sold off; it had been sold off several times, and wasn't it still the same?

As long as there is no expert interpretation, citizens will not know the severity of the problem.

Just do what they need to do.

The only ones who knew the impact were Hong Kong's elite class, who understood world finance, understood the operating principles, understood the risks of the Hong Kong dollar, understood that this financial crisis was different, and understood that August was the decisive moment, and this time the international hot money was playing for real.

Soon,

the Hong Kong exchange market opened.

A large amount of Hong Kong dollars started to be sold off.

Also, the bank Hong Kong dollar exchange US dollar business started to soar.

They were all social elites.

The ignorant people are at the back, I'll run first.

And international hot money also crazily sold off Hong Kong dollars in the Hong Kong foreign exchange market, selling 3 billion in one morning.

And over at the stock market,

after the stock market opened, Hong Kong elites crazily sold off the stocks in their hands, and Soros Fund and international hot money also started to crazily smash the market.

In the first hour of opening, the Hang Seng Index fell directly by 0.5%.

Landmark Plaza, Soros Fund Company.

"Too slow, too slow, too slow!"

Rodney Jones looked at the decline of the Hang Seng Index, unable to help but feel anxious inside.

Why?

Foreign exchange, they smashed it!

Hang Seng Index, they smashed it!

Why is the decline so small?

"All core members, come over for a meeting to analyze the reasons!"

Soon,

the core meeting was held.

The problem was thrown out, and other members, upon hearing this, all fell into deep thought.

"Why?"

"Everyone, speak freely."

"Is it the confidence of Hong Kong citizens in Hong Kong's economy?"

"Confidence indeed exists... but it shouldn't be this outrageous."

At this time, one of them raised a hand:

"Is it possible... that Hong Kong citizens don't know about the things outside at all... Most of Hong Kong's media are under the command of the Five Star Group, and ATV, which has the number one ratings, is also the Five Star Group's."

"And there were times when we wanted to publicize something, but were restricted by the Five Star Group..."

"And now, I look at last night's TV news, and this morning's media newspapers, there are not many reports about foreign exchange and the stock market..."

Rodney Jones and the others finished listening,

and slapped the table one after another.

"That's right, the problem should be here."

"The Five Star Group, that Director Director Director Guan Zu Zu, controls Hong Kong's public opinion."

"The problem is found, how do we solve it?"

"..."

The whole room was mumbling, no one made a sound.

It was indeed a bit unsolvable.

Rodney Jones had a headache. If the public opinion problem is not solved, how can citizens' confidence fall? If confidence doesn't fall, how can the stock market fall?

"Boss, TVB has always been competing for number one with ATV, should we find TVB?"

"This can be done." ===== CHAPTER 871 =====