Resource Tycoon Reborn

In September, Hong Kong, which had just repelled the impact of the international financial speculators led by Soros on the Hong Kong dollar, looked a little depressed on the street! The international financial speculators, who suffered serious losses due to the Russian government's win-lose policy during the Russian financial crisis, this time

Hong Kong didn’t get anything good either!

In mid-to-late August, international financial speculators once again used hedge funds to attack the Hong Kong dollar one after another in order to push up interest rates and interest rates. They used several European and American investment banks and hedge funds to short-sell the Hong Kong dollar in the foreign exchange market, forcing the Hong Kong financial regulatory authorities to

Use the old trick of raising interest rates to suppress the stock market. When interest rates rise, the stock market is bound to fall. Hang Seng Index futures will also fall simultaneously, and then speculators can short-sell Hang Seng Index futures loans at a lower price in the futures market.

Both the foreign exchange market and the stock market made profits. The drunkard's intention was all about the Hang Seng Index futures. Obviously, their attack on the Hong Kong dollar was only superficial, and the stock market and futures market were the real main targets.

During this period, these hedge funds aggressively shorted the Hang Seng Index and established a large number of short positions in the Hang Seng Index. The hedge funds established short positions in the Hang Seng Index because they expected that the Hang Seng Index would inevitably fall sharply after the Hong Kong stock market was hit. The Hang Seng Index

The price of the futures contract is HK$50 per point, which means that if a short position is established, every point the Hang Seng Index falls will bring a profit of HK$50 to the short seller.

It’s just that they didn’t expect that Hong Kong’s financial regulatory authorities would change their traditional practice of raising short-term loan interest rates, and instead make flexible use of foreign exchange reserves, sell U.S. dollars, and buy large amounts of Hong Kong dollars. In addition, the Fang family, the Guo family, the Zheng family, and the

Many business tycoons in Hong Kong have also entered the market and bought stocks aggressively, supporting the stock and futures markets!

August 28 is the settlement day of Hang Seng Index futures. It can be said that the winner and loser of both parties depend on this! Because the settlement price of Hang Seng Index futures is the average of the Hang Seng Index quotes every five minutes on this day, therefore, it is necessary to

To raise the settlement price, it is necessary to ensure the stability of the Hang Seng Index.

This is a thrilling day. It can be said that as soon as the market opened, the short side and the long side started a fierce battle. The selling orders from international financial speculators were overwhelming, while the long side swallowed up as many selling orders as there were. Only five minutes after the market opened, the trading volume

That is up to HK$3.8 billion! Many large-cap stocks such as "HSBC Holdings", "Hong Kong Telecommunications", "Cheung Kong Holdings", and "China Telecom" have become fierce battlegrounds between long and short parties. With the entry of a large number of European funds into the market

, the selling by international financial speculators is simply endless, and Hong Kong stock investors are all covered in sweat!

It’s just that no matter how much selling happens, once it falls into the market, it will be swallowed up by many parties without hesitation. According to later statistics from the relevant departments, at that time, stocks worth 400 million Hong Kong dollars changed hands every minute on average!

Until 4:00 p.m., as the hands of the clock moved, the Hang Seng Index finally settled at 7,899 points! The Hang Seng Index futures finally settled at 7,901 points, causing international financial speculators to borrow money from the Hang Seng Index.

The idea of ​​making money from short positions completely failed. Moreover, I paid a huge loss for it!

"You weren't here at that time. At the closing moment, I don't know how many people were slumped in their seats!" Thinking of that moment, Yu Qiuxia still had some lingering fear. During this market support, Hong Kong Kumho Film

The group has also invested up to US$3 billion, which is almost 85% of the funds currently available to Hong Kong Kumho Film Group!

Fang Mingyuan nodded in agreement. It was indeed a thrilling day. The transaction volume throughout the day reached the highest record in the history of the Hong Kong stock market - 81.5 billion Hong Kong dollars! I believe this number will be difficult to reach in the coming years.

break in!

During this period, Hong Kong's financial management department used foreign exchange reserves equivalent to more than 130 billion Hong Kong dollars. After this sniper war, the Hong Kong government became an important shareholder of many blue-chip companies!

However, the Hong Kong SAR government's use of foreign exchange reserves to enter the market and successfully fend off international financial speculators has attracted criticism from society. Scholars and business circles have accused the SAR government of destroying Hong Kong's consistent free market operation system!

Fang Mingyuan completely ignored this accusation. In his opinion, in order to ensure Hong Kong's consistent free market operation system, international financial speculators should be allowed to treat Hong Kong as their cash machine? When they

When you are short of money, you can come to Hong Kong to make trouble and then return home contentedly? Shouldn’t the legal property of Hong Kong people be protected by the Hong Kong SAR government?

Could it be said that in order to ensure Hong Kong's free market operation system, Hong Kong must be reduced to the situation of Thailand, Malaysia, Indonesia and South Korea, which has regressed for several years or even decades, so that these scholars and business people will be happy?

Don’t Americans always value personal privacy? However, after 9/11, the U.S. government quickly passed many bills regarding the surveillance of Americans. It can be seen that any policy must be adapted to local conditions and needs to be adjusted according to the situation at that time.

"This time, your Fang family has become an important shareholder of many large companies in Hong Kong!" Yu Qiuxia snapped her fingers and said with a smile. "Look back and see if you want to send some people to serve in these companies.

Director? I don’t have any special skills. I’ll help you watch them one by one.” This time, in addition to Hong Kong Kumho Film Group’s investment in the stock market, the Fang family also had billions of dollars in the Hong Kong stock market under Dongfeng’s operation.

.

Fang Mingyuan shook his head. To be honest, he had no intention of holding the shares of these companies for a long time. Although the current shares can guarantee that the Fang family has a seat on the board of directors, they are still far from being able to control the leadership, and these companies in Hong Kong

There are many shareholders in the company, and there are many well-known people. He cannot afford to offend so many people for the controlling rights of several companies. And Fang Mingyuan is not interested in a company that cannot obtain controlling rights.

"Sister Qiuxia, you can watch it for me first, and you don't have to worry about it! After some time, when you are almost making a profit, just transfer it out!" Fang Mingyuan said, "It's better to get the funds back, we have more.

Good choice!”

"Eh? Do you have any new ideas?" Yu Qiuxia said in surprise and joy. Fortunately, every new idea of ​​Fang Mingyuan can bring huge and incredible benefits to the Fang family and allies.

.Surprisingly, there is another big hole that needs to be filled with suitable candidates!

Fang Mingyuan smiled and pushed the two small boxes in front of Yu Qiuxia. (To be continued. If you like this work, you are welcome to come to (.) to vote for recommendations and monthly votes. Your support is my biggest motivation.

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