Rebirth without Regrets

Chapter 551: Making a sound in the east and attacking in the west

Hong Kong Feiyuan International Hotel is located on Salisbury Road, Tsim Sha Tsui, Kowloon, facing Victoria Harbour. With its luxurious and luxurious architecture and decoration style, the entire hotel has been called a super six-star hotel by many news media and customers. The entire hotel

The special feature of the hotel's design is that every room in the suite can enjoy the intoxicating view of Victoria Harbor. Since this 54-storey building stood on the edge of Victoria Harbor, it has made the city once known as Hong Kong

The most luxurious and famous one, the Peninsula Hotel in Hong Kong, which was once selected as one of the top ten famous hotels in the world, has been eclipsed.

Not long after the expert team sent by the central government stayed at the hotel, Hong Kong Feiyuan International Hotel has become the focus of global attention. The Chief Executive of the Hong Kong Special Administrative Region, Chief Secretary for Administration, Financial Secretary, Secretary of the Monetary Authority, and Commissioner of Police

The most prominent dignitaries of the SAR government, as well as the Commander of the Hong Kong Garrison Liu Zhenwu, came to the hotel to visit the expert team and had a secret meeting. At the same time, in order to ensure the safety of the expert team members, the Police Force dispatched a large number of elite security personnel

, took over the hotel's security system and completely sealed off the entire floor where the expert team was located.

Except for several dignitaries and a few entourage members of the SAR government, no one else participated in the secret meeting, and no one knew what response measures and response measures were agreed upon between the members of the expert group and the Hong Kong SAR government during this meeting.

Plan. However, even so, it is not difficult for a thoughtful person to figure out that this will be the strategic headquarters and even the forward position for the central government and the Hong Kong government to fight against the "Quantum Fund" and international speculators and defend Hong Kong's financial market and order. Therefore,

There are countless reporters and media personnel gathered here, and they all seem to be expecting to get explosive news here. If it weren't for the hotel's strict security, I don't know how many people would try their best to get close to these expert team members.

them.

Almost everyone is ready to fight, but the market is calm. There is no sign that the "Quantum Fund" and international speculators are taking action. Even those international currency speculators who are already known to have purchased Hong Kong dollar futures in large quantities.

There has been no change in the peace treaty. This situation has been going on for more than a month. Not to mention all walks of life in Hong Kong, even the nervous members of the expert team are inevitably slacking off and even wondering if they are being too worried.

?

With the mainland government's strong backing, even the notorious "financial tycoon" Soros has to think twice, right?

With such a sense of luck, the management of the expert team is not so strict. Many team members even sneaked out of the hotel to play or shop. Liu Ningqiang and Ge Hongrui also turned a blind eye to this.

Anyway, there's nothing wrong. It's only human nature to go to Hong Kong after a long time. You can't be stuck in a hotel all day long, it's like being in jail, right?

On this day, Liu Ningqiang was swimming happily in the hotel swimming pool, while sighing that this Feiyuan International Hotel in Hong Kong is different. The various facilities, facilities and supporting services are at the top level in the world. As a central bank,

Liu Ningqiang, the vice president of the hotel, has traveled to many countries and stayed in various luxury hotels, but compared with Feiyuan International Hotel, it is still inferior.

After swimming happily for several times, Liu Ningqiang felt refreshed all over. He was born on the bank of the Yangtze River and has been swimming in the Yangtze River since he was a child. His water quality is excellent and he also likes swimming. He does not swim a few times a week.

I feel uncomfortable all over. Even though I am old now, when it comes to swimming, I am not inferior to young people at all.

Feeling that he was almost done swimming, Liu Ningqiang climbed up from the swimming pool and wiped it randomly. Just as he was about to go back to the room, he saw Ge Hongrui walking over in a hurry. His face was a little solemn, and he seemed to be nervous and anxious.

"Director Ge, is something wrong?" Liu Ningqiang asked quickly, feeling a little surprised. As the chief financial advisor of the Central Committee of the State Council, Ge Hongrui is usually dignified and steady, and he is neither hasty nor impatient in his work. He is very kind.

He has the magnanimity and demeanor of a scholar, but what happened today to make him lose his composure like this?

Liu Ningqiang's heart seemed to have some faint consciousness.

"President Liu... there is... there is something going on..." Ge Hongrui seemed to be walking a little hastily and was breathless when he spoke: "Soros and international speculators have taken action..."

"Okay, it's finally here! What's the situation now?" Liu Ningqiang's eyes flashed with excitement. After holding it in for so long, it's better to finally see the real chapter than to suffer in waiting.

However, Ge Hongrui was obviously not as excited as he was. He frowned and said in a deep voice: "Just like when the Thai baht was attacked, the Hong Kong dollar has suffered a massive sell-off, and its ratio to the US dollar is falling rapidly."

Liu Ningqiang didn't even bother to change his clothes. He waved his hand and said, "Let's go back to the room. Immediately notify everyone to come back for the meeting."

The situation is indeed very serious. It is completely different from the first tentative attack in August. This time, it seems that the "Quantum Fund" and a large number of international speculators are relying on their abundant funds and have not held back at all.

The fierce punch and the emergence of huge selling orders caused the Hong Kong dollar exchange rate on major exchanges to plummet, and soon fell to near the psychological mark of 7.75.

The Hong Kong government has implemented a fixed exchange rate system that closely follows the US dollar, which is very beneficial to stabilizing the financial market and promoting Hong Kong's economic development. Over the years, the exchange rate of the Hong Kong dollar against the US dollar has been relatively stable, and this exchange rate has become a factor in whether the financial market is stable.

barometer and reference.

Therefore, the continued decline of the Hong Kong dollar against the US dollar suddenly caused chaos in Hong Kong's financial market.

A few months ago, the financial turmoil swept across Southeast Asian countries, leaving victims everywhere. Many middle-class people went bankrupt overnight, and families who were originally wealthy and decent were suddenly reduced to abject poverty or even heavy debts. These bloody realities are,

From time to time, they impact the already tense nerves of the Hong Kong people. With these painful lessons from their neighbors, Hong Kong citizens are like frightened birds. They are already panic-stricken, fearing that the same bad luck will befall them.

The ability to bear has become extremely fragile, and even some trees and plants are in danger. Therefore, as soon as the financial market shows signs of collapse, citizens immediately become chaotic and rush to major banks to run, exchanging the plummeting Hong Kong dollars for US dollars.

The lessons learned from Thailand and other Southeast Asian countries show that under the impact of extremely powerful arbitrage funds and international hot money, the Hong Kong government will sooner or later be unable to resist and abandon the fixed exchange rate. As a result, their hard-earned savings will be significantly reduced.

. Therefore, everyone wants to quickly exchange the coins in their hands into US dollars in order to preserve their value.

The Hong Kong dollar is in danger for the first time since the implementation of a fixed exchange rate.

As a financial city in Hong Kong, the stability of the financial market is crucial to the economy of the entire market. Maintaining a fixed exchange rate is to maintain people's confidence. The Hong Kong Monetary Authority immediately made a tough response. Under the coordination of an expert group, it mobilized Hong Kong capital to

Chinese and British capital rushed into the market, intervened forcefully, accepted a large number of Hong Kong dollar selling orders, and launched a counterattack with their opponents.

Because the strong intervention of the SAR government has achieved the expected results, the Hong Kong dollar exchange rate has begun to stop falling and rebound, and the run on major banks has been temporarily alleviated.

But just two days later, more selling orders flooded into the market, and the Hong Kong dollar exchange rate fell below the psychological barrier of 7.75, falling rapidly. The run that had just eased slightly emerged again, more intense than the last time, so much so that the SAR

The government had to deploy a large number of police forces to maintain order and urgently allocate positions to deal with the bank run and avoid bank bankruptcy.

But just when the SAR government and the expert group mobilized about 100 billion Hong Kong dollars to invest in the foreign exchange market to stabilize the Hong Kong dollar exchange rate, the stock index fell sharply at this time. The Hang Seng Index fell sharply from 10,000 points to 8,000 points.

, and pointed directly at 6,000 points. When the storm was about to come, bad news was flying all over the securities market. Speculators took the opportunity to spread rumors, threatening that "the RMB can no longer withstand it and will soon depreciate, and it will depreciate by more than 10%."

"It will be decoupled from the US dollar and depreciate by 40%", "The Hang Seng Index will fall to 4,000 points" and so on. Their purpose is nothing more than to disturb people's hearts, create a "herd mentality", and then take advantage of troubled waters. The "push down" trend is shocking.

At this time, everyone suddenly realized that Soros and international speculators were only superficially attacking the Hong Kong dollar. They not only aimed to profit from the Hong Kong dollar exchange rate, but also adopted a comprehensive strategy to benefit from the stock market and futures market. The stock market and futures market

The futures market is the real main target, and attacking in the east and west is Soros's consistent method of speculative activities, and has been successful many times.

The Hong Kong dollar implements a linked exchange rate system. The linked exchange rate system has an automatic adjustment mechanism and is difficult to break. However, Hong Kong dollar interest rates are prone to sharp rises. A sharp rise in interest rates will cause a sharp decline in the stock market. In this case, as long as you short-sell in the stock market and futures market in advance, and then sell a large amount to

Banks lend Hong Kong dollars, causing Hong Kong dollar interest rates to rise sharply, causing the Hang Seng Index to plummet, and they can make huge speculative profits just like in other countries. Soros and international speculators once again used hedge funds to continuously attack the Hong Kong dollar to push up interest rates and interest rates.

When the Hong Kong government took measures to significantly raise interest rates in response to the attack on the Hong Kong dollar, the stock sentiment turned dim. People were worried that the sharp rise in interest rates would push down the stock and property markets. At this time, they took advantage of the situation to sell futures indexes, causing the futures index to plummet. As a result, the stock price

People in the market are panicked and sell stocks in a panic, so that speculators can close their short positions and make huge profits. In other words, even if they make no success or even make small losses on the Hong Kong dollar exchange rate, they will be ruthless in the futures market.

Make a fortune.

While suppressing the Hang Seng Index, international speculators accumulated a large number of short positions in the Hang Seng Index futures market. Every time the Hang Seng Index fell by 1 point, each short position contract could earn HK$50. And in these 19 trading days, the Hang Seng Index fell sharply.

After a drop of more than 2,000 points, each contract can earn more than 100,000 Hong Kong dollars. The income is jaw-dropping.