God of Rebirth Trader

Chapter 74 How to catch mice

Time enters 1998, August 20th.

After wreaking havoc on half of the world, Soros led the international speculators to regroup in Hong Kong.

This time.

Quantum Fund is already destined to win!

Soros openly shouted in the Wall Street Journal: "The Hong Kong government will lose."

It is unheard of for a company to publicly declare a challenge to a government, or even clamor to defeat a government. This kind of arrogance is unheard of.

The then Chief Executive of Hong Kong, Ho Kin-wah, said: “We have no choice!”

There is no turning back when the bow is fired. Everyone knows that there is no room for both sides to stop.

At this time, the two vice presidents of the People's Bank of China and Hua Xia Bank have quietly come to Hong Kong with 80 billion Hong Kong dollars, ready to challenge...

That afternoon, 13:00.

The stock market is open as usual.

The Hong Kong government suddenly took action, using the Exchange Fund and Land Fund, and at the same time entered the stock market and Hang Seng Index futures market to absorb large amounts of money.

There is only one core purpose - to stabilize the Hang Seng Index!

This is the day when the decisive battle horn sounds, the brave will win when we meet on a narrow road.

As of the market close, the Hang Seng Index rebounded by more than 560 points, an increase of 8%, and closed at 7224 points!

at this time.

There are only eight days left until the Hang Seng Index futures settlement date!

At five o'clock in the afternoon.

At the entrance of the Hong Kong Monetary Authority, facing many foreign media reporters, Financial Secretary Zeng Jinquan spoke in a stern voice: "The authorities have a lot of resources and can repel international speculators in one fell swoop!"

A reporter asked: "The Japanese yen has fallen to a new low in eight years. Will it put pressure on the Hong Kong dollar linked exchange rate? Will the RMB lose its hold?"

Zeng Jinquan said: "China has made it very clear that there is no need to change the RMB exchange rate. There will be no pressure to depreciate the RMB in the short term. But the uncertainty about the Japanese yen is a fact. We have known it for a long time, so there is no need to panic."

Another reporter asked: "If hedge funds from all over the world come to confront the Hong Kong government, will the Hong Kong government still have confidence?"

Hong Kong Monetary Authority Director Leong Siu-man smiled and said: "We welcome you!"

at the same time.

The other side of the Pacific.

New York, Wall Street.

Quantum Fund Office.

"Jones, have all the funds been allocated?" Soros asked anxiously.

Now he is worried.

According to the news coming from insiders in Hong Kong, the Hong Kong government is likely to have received help from China!

Preliminary estimates are that it will not be less than HK$80 billion!

When he received the news, he was shocked. He did not expect that China would be so determined to defend the Hong Kong dollar exchange rate.

This is definitely a big trouble!

Therefore, he urgently held a joint meeting with several other Wall Street consortiums.

In the end, they decided to allocate more funds to give the Hang Seng Index a strong blow!

If they withdraw at this time, the whole world will laugh at them.

As for the foreign exchange market, the previous attacks did not work. It is obvious that the Hong Kong government has put up a steel defense line in the foreign exchange market, and the price to pay for a breakthrough is too high.

Therefore, a large number of European funds and investment companies moved to the Hang Seng Index and decided to start a decisive battle between the stock market and the Hong Kong government.

No one thinks that the Hong Kong government can resist their joint attack, because they have won too many times before.

This time, there will be no exception.

Just when the outside world was turbulent, Infinite Company made a decision that shocked the whole of Hong Kong.

All staff are on vacation for seven days!

After receiving this news, countless media outlets almost choked and spit out blood.

Wasn't it very high-profile two days ago? It also called on all Hong Kong citizens to be long in the stock market, claiming to be optimistic about the development of Hong Kong's economy.

What he said was so majestic and righteous, and deeply touching, but the company went on holiday within two days?

Let it go for seven days!

Do you take it as an annual vacation? Is Infinite Company afraid?

Escape?

Just when the outside world was full of doubts, Infinity's general manager, Chen Jie, suddenly became a special guest and appeared on a financial program on Phoenix Channel.

On the show, he stood up again and said: "Soros will definitely lose this time!"

"Mr. Chen, on what basis did you draw this conclusion?" asked Dr. Hu Sen, a famous economist in Xiangjiang who was also a special guest.

Chen Jie, wearing a decent suit, sat on a high stool in the studio, faced the camera, and said confidently: "Obviously, the sharp rise in the stock market this afternoon is a signal for the Hong Kong government to launch a counterattack. What's more, the Hong Kong government still has

The secret weapon can definitely give international short sellers a fatal blow!"

"Mr. Chen, what is the secret weapon? Can you reveal it to the audience in front of the TV?" the beautiful host slightly adjusted her sitting position and asked Chen Jie with her legs facing each other.

"Haha, well, you can think about who is behind the Hong Kong government..."

"What?! Mr. Chen, do you mean that there is also involved?" Hu Sen asked in shock.

"Well, I'm not sure about this at the moment..."

....

Just when Chen Jie went on the TV station to talk about stock finance.

In the Infinite Company, a trading room is still brightly lit.

More than thirty traders and a dozen company executives were all busy in front of their computers nervously.

HSBC Holdings....Black Rock, Inc....accounts for 9% of the total share capital....Qi Yaonian 0.0055%....

Huanghe Industrial...Lin Jiacheng...12.6%...Lin Zeju...2.67%...

Wharf Group....WF Investment Partners Limited..23.7%....Crystal Pond Limited...7.2%...

New World Development....Zheng Jiachun...2.73%...He Houxi 6.87%...

.....

Pieces of shareholder data are continuously screened out by traders, and then recorded in detail on paper and marked clearly.

There are 33 Hang Seng Index constituent stocks. In addition to Infinity, there are also 32 Hang Seng Index constituent stocks. All of these companies are important companies in Hong Kong.

Among them, the smallest one has a market capitalization of over 30 billion.

Chen Weidong must use limited funds to find out from the 32 Hang Seng stocks the stocks that Soros and others may have a heavy position in, so as to formulate a detailed plan to protect the market.

If you make a mistake in judgment, not only will it fail to save the market, but you will also invest all your own funds and become a real taker.

100 billion in funds is nothing compared to the market value of nearly HK$4 trillion of the 32 Hang Seng Index constituent stocks.

If it is not utilized properly, instead of being able to move the stock market, it may be crushed by the collapsing boulder.

In order to successfully implement this plan, Infinity Company has prepared more than 3,000 securities accounts, with a certain proportion of funds allocated to each account.

A few hundred million more, a few million less, or tens of millions.

Each trader here manages nearly 70 accounts on average.

This workload is a huge challenge for everyone.

Each of them has been in the industry for more than ten years.

Their vision may not be the best, but their trading techniques are definitely the most skilled.

Place an order, cancel an order, support an order, counter, suppress, attract funds, rush for funds...

In their long careers, buying and selling stocks has become an instinct for them.

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