God of Rebirth Trader

While Chen Weidong and Lin Zeju were talking, an emergency meeting was also held at the Quantum Fund headquarters on Wall Street in New York.

Representatives of the eight major capitals gathered together again and sat on both sides of the long conference table.

Each of them is a feared "wolf" in the financial market, and some of them are even "old people" who have participated in attacking the pound and forcing the UK to withdraw from the European exchange rate system.

The influence of the institutions behind it can be said that if they just stamp their feet, the financial markets of some small countries will cause earthquakes.

The first person to speak was Rodri Jones, the chief trader of Quantum Fund.

"Two days ago, we received urgent intelligence from people inside Hong Kong, saying that the Hong Kong government had intervened in the financial market. It was their financial intervention in October that blocked our attack."

"oh?"

There was a burst of whispering in the conference room, and most people expressed shock.

Because as the financial center of Asia, Hong Kong is one of the few financial free ports in the world and pursues liberal economic policies.

Even in the eyes of many people, financial freedom is the foundation of Hong Kong.

But now, they are actually taking the initiative to intervene in the market, which is simply unbelievable!

"Haha, actually this is what George and I expected. We have defeated so many countries, and it is normal for them to be afraid." Drucken Miller, the strategist behind the Quantum Fund, said with a smile.

He is a somewhat obese middle-aged man who likes to drink Coca-Cola very much because he believes that sugar can stimulate the brain to become more active and is conducive to thinking.

This plan to attack the Hong Kong dollar was completely customized by him.

"Does Mr. Miller's speech mean that we are going to launch a counterattack?" asked one of the young people. He is a representative of the Carlyle Fund, which is considered a relatively weak one among the eight major institutions.

Originally, he was not qualified to participate in such a meeting. This position was given up only after another organization temporarily withdrew from the operation.

Drucken Miller did not answer, but turned to Jones next to him and asked: "How many Hong Kong dollars have we hoarded in total now?"

Jones smiled and said: "Gentlemen, because we have borrowed a lot to accumulate Hong Kong dollars in the past few months, as of yesterday, we already have more than 54 billion Hong Kong dollars."

"Interestingly, the Hong Kong Monetary Authority mistakenly believed that our purpose was to short the Hong Kong dollar, so every time they used the method of raising short-term loan interest rates to increase our short-selling costs, trying to force us to voluntarily exit the market."

"I have to say, this method is very ridiculous." A blond middle-aged man mocked without scruples. He is the representative of Tiger Fund, and his strength is equal to that of Quantum Fund.

"If possible, I would like to ask the Federal Reserve to warn them, saying that the Hong Kong Monetary Authority's rescue is an intervention in the free market, which will cause damage to Hong Kong's free economic image..." Morgan Stanley's spokesperson also made suggestions.

"Then...inform your people and prepare for the second step of the plan."

After Drucken Miller finished speaking, he closed his eyes slightly and fell into a state of sleep.

Jones spread his hands and shrugged to everyone.

.......

Hong Kong, Lujiao Building.

"Old Liu, Soros and the others will definitely launch another attack. What do you think above?" Chen Weidong was sitting on the sofa, discussing the recent stock market with an old man.

In October, due to the attack by Soros and other Western hot money, the Hang Seng Index plummeted from 0.0 to 0.0.

The decline in one month reached more than 30%.

The stock market crash caused the Hong Kong currency market and real estate industry to be affected, and the Hong Kong dollar continued to fall against the US dollar as soon as the market opened.

House prices have halved, and the financial market is in chaos. People are queuing up in front of major banks to exchange for U.S. dollars, fearing that the Hong Kong dollar will become useless paper like the Thai baht.

The Hong Kong Monetary Authority also began to intervene secretly, intervening in the market through HSBC.

After some perseverance, the "domino effect" previously created by Western hot money was finally hit to a certain extent, and the plummeting situation in the stock market was temporarily eased.

However, after two months of consolidation, the Hang Seng Index has only managed to rebound to around 10%. If Western hot money attacks again, the market will face a very severe test.

"What else can I do? I'm just afraid that international hot money will short the Hong Kong dollar, so I keep raising the loan interest rate." The old man said with some dissatisfaction.

In his opinion, this method would injure the enemy by one thousand and damage oneself by eight hundred. Many countries in Southeast Asia had used bad tactics before, with no new tricks.

"In the short term, there is no better solution than this." Chen Weidong said with a wry smile, but he understood the HKMA's difficulties.

only.

The continuous increase in Hong Kong dollar interest rates will lead to a sharp reduction in the number of Hong Kong dollars circulating in the market, and the liquidity of Hong Kong dollars will also be greatly reduced.

In order to have enough liquidity to ensure the normal operation of society, people in Xiangjiang can only seek liquidity by selling off assets, especially stock assets...

Then the consequences are...

"Wait a minute! Old Liu, why do I think this is a trap by Soros?" Chen Weidong suddenly thought of something and said hurriedly.

"What trap?" Liu Jianping asked doubtfully.

"If you think about it, because loan interest rates continue to increase, companies and ordinary people will not want to borrow money from banks when they are short of funds. Instead, they will reduce their stock holdings to survive the crisis."

"At that time, a large number of stocks will be sold in the stock market and funds will flow out. If Soros takes advantage of the trend and hits the market, causing panic, the market index will definitely fall." Chen Weidong said.

"You mean, their target is probably not the foreign exchange market, but the stock market?" Liu Jianping immediately thought of the crux of the problem.

"That's right, we built the plank road openly and visited Chen Cang secretly." Chen Weidong said.

"If this is the case, they can freely choose to attack the foreign exchange market or the stock market, and we can only passively defend. This will be very difficult." Liu Jianping looked worried. He was very aware of the strength of those international predators.

South Korea is the best example.

Since its bankruptcy, it has had to apply for a loan from the International Monetary Fund (IMF), but the price is that South Korea's economic policy must accept the intervention and supervision of the IMF. This is equivalent to being choked by the United States, and it will only be able to survive and watch them in the future.

The face is alive.

"Old Liu, the Hong Kong government's foreign exchange reserves are definitely not enough to deal with the attacks of international hot money. If necessary, I suggest you ask for help there." Chen Weidong pointed to the north.

"Is that okay?"

Liu Jianping said in surprise.

It is said that the financial market there has just begun.

"You can just call and ask."