God of Rebirth Trader

"Let's talk about it when I get back." Liu Jianping was a little distracted and didn't know what he was thinking.

"Haha, actually you don't have to worry at all, what you need to do now is to stabilize the market sentiment." Chen Weidong said easily.

"Oh? Do you have anything to rely on?" Liu Jianping's eyes lit up.

"If possible, I hope to spit out all the profits made by international hot money in Southeast Asia." Chen Weidong's mouth curved slightly.

Just sniping Soros and his friends is definitely not Chen Weidong's ultimate goal. He has a bigger appetite, so much so that if he says it, he will definitely be considered a madman...

"It's up to you? Young man, your idea is good, but you must also consider the historical process." Liu Jianping glanced at Chen Weidong strangely and mocked without mercy.

The fighting in the financial market is no joke. It can range from loss of money to corporate bankruptcy and economic recession.

When Chen Weidong saw the old man's appearance, he didn't explain too much.

After all, the fewer people who know about this kind of thing, the greater the benefits...

...

Mid-January 1998.

Eight major foreign-funded institutions, headed by Soros, continue to collect economic data about Hong Kong for analysis.

While they were actively depositing margin, they were hoarding Hong Kong dollars.

At the same time, they did not forget to spread the news in the market that the Hong Kong dollar was about to depreciate.

The Hong Kong dollar exchange rate has been severely impacted!

The Hong Kong government hurriedly stepped forward and repeatedly reiterated in public many times that it resolutely defended the linked exchange rate and boosted market confidence.

On the same day, the Hong Kong dollar exchange rate rebounded rapidly.

Unfortunately, within a few days, news of the sharp depreciation of the Indonesian rupiah came out again, and the Hong Kong dollar exchange rate was once again under attack from international hot money!

Affected by the negative news on the sidelines, pessimism in the stock market is also spreading rapidly.

Frightened birds were everywhere, and a large number of funds were withdrawn, causing the Hang Seng Index to plummet for four consecutive days.

It soon fell from the point position to the support level of 8052 points.

Almost everyone believes that 8,000 points will be broken.

Therefore, for the sake of insurance, countless investors decided to sell their stocks as soon as the market opened, and cash was king.

19th, Friday morning, 9:30.

Xiangjiang stock market opened sharply!

The time-sharing line continues to drop.

On the big screen of the exchange, the index kept beating. Every flash meant that countless wealth had been evaporated, and millions of investors were wailing, exacerbating the panic.

It is about to fall below 8,000 points.

at this time.

A strange scene appeared!

The Hang Seng Index suddenly got stuck at 8,000 points, motionless.

This abnormal situation once made many investors think that the monitor was broken or there was a problem with the network.

Even the stock investors in the securities trading floor stared blankly at the quotation wall, unable to take their eyes away.

Maybe the next tick, the index will start with 7...

After about ten seconds, the numbers on the display finally moved!

8006.

Big red characters appeared on the screen, and many people’s eyelids jumped!

Haven't had time to breathe yet.

8053.

8077.

8119.

8262.

....

In just one minute, the Hang Seng Index surged 300 points!

There was an uproar on the exchange!

Careful investors immediately discovered that a mysterious fund suddenly appeared in the market and was frantically buying first-tier blue-chip stocks such as Yellow River Group, HSBC Holdings, Heungkong Electric, Polaris, etc.

This move made many investors who were watching on the sidelines mistakenly believe that the Hong Kong government came to rescue the market!

Sure enough, the higher-ups will not let the stock market plummet!

"Hurry up and buy the dip!"

…

As a result, the market enthusiasm that had been suppressed for several days was instantly aroused!

Countless buyers are pouring in to buy the dip!

The Hang Seng Index has also been pushed higher.

As of the close of the day, the Hang Seng Index closed at 8776 points.

The increase is as high as 8%!

Set a record for the largest increase on the same day in twenty years of history!

Countless Xiangjiang citizens cheered, and some even called it a "Great Miracle Day"!

...

There was joy outside, but there was a gloomy look inside.

Hong Kong, Monetary Authority.

"Have you checked it out? Who is buying so much?" A middle-aged man in a black suit asked seriously.

The stock market suddenly surged today, causing the outside world to mistakenly believe that the Hong Kong government entered the market, triggering a bargain-hunting storm.

This isn't even the biggest problem.

Greenspan, then a senior official of the Federal Reserve, publicly criticized the Hong Kong government and said: This kind of behavior by the Hong Kong government is an interference in the free market and is extremely irrational. This move will damage the image of Hong Kong's free market and may accelerate the withdrawal of foreign capital.

Xiangjiang…

"Mr. Liang, I just asked the Stock Exchange. It is a private equity fund called Infinity that is buying up blue chip stocks." A young man replied quickly.

"Infinity? Why does this name sound familiar?" Liang Zhaomin murmured.

"It must be the company that held the stock trading competition before." A fat middle-aged man next to him said slowly.

"I remember it, but do they have so much money?" Liang Zhaomin was a little confused.

You must know that today alone, the trading volume of the stock market has reached more than 40 billion. It would have cost at least more than 7 billion to pull the Hang Seng Index infinitely.

"Haha, it is said that this fund has shares of Lin Jiacheng's son." The fat middle-aged man explained with a smile.

Why does he know so much? It's entirely because Infinite's achievements are so impressive.

The annualized rate of return is 267%!

Maintaining its first position in the private equity rankings.

It’s really hard not to pay attention to it.

After in-depth understanding, it was natural to find out Lin Zeju’s shareholdings, which reminded people of Lin Jiacheng, the richest man in Hong Kong...

"However, I have been in contact with Mr. Lin, and with his character, he will never buy the bottom right now." Liang Zhaomin frowned and said.

A large number of economic analysis reports from the outside world say that Xiangjiang's real estate, stock market, and bubbles are too big.

In addition, any panic now can cause the index to fall sharply.

This situation is obviously far from the "bottom".

Many people, including the Hong Kong Monetary Authority, believe that the stock market still has a lot of room for decline. How could someone like Lam Ka-shing not see through this?

"Well, who knows, they didn't break the law, they just bought more stocks." The fat middle-aged man said with a bitter smile.

In his opinion, if you buy this fund now, you will most likely be trapped, and you will definitely suffer huge losses by then.

Liang Zhaomin can't control so much. The most important thing at the moment is to maintain the international image of Hong Kong's financial market.

He immediately ordered: "Let's clarify it to the outside world. Let's say that we did not interfere with the market. All these are free choices of the market."

...

In the evening, many news media in Hong Kong published this news.

Countless stock investors remained silent, unable to believe that the rebound during the day was not caused by the Hong Kong government!

If this is the case, wouldn’t the stock market on Monday be very variable?

The small fire that had just been ignited in the market was ruthlessly extinguished.

Immediately afterwards, another rumor came out that it was a private equity fund called "Infinity" that dominated today's skyrocketing rise in the Hang Seng Index.

As soon as the news came out, the market received mixed reviews.

Some people say that when countless financial institutions followed the trend and smashed the market, only Infinity entered the market to save the market. It is definitely a courageous and conscientious company.

Most of those who hold this view are retail investors. They have basically participated in stock trading competitions, so they still have a great favorable impression of "infinity".

However, most financial institutions are privately disdainful and even gloating about its misfortune.

Because they feel that buying the bottom at this point is stupid and extremely irrational.