On April 2, the day after April Fool's Day, a piece of "news" about Gu Kun attacking Soros, organizing forces to jointly counterattack, and calling for the protection of the market was broadcast on the Gongben News Agency and South Korea's KBS TV.

The format of the news is roughly like this: Gu Kun summoned a small group of people from Southeast Asia, Japan and South Korea to hold a closed-door meeting at a hotel. Television stations picked up and reported on some of the speeches.

In other words, this news was made into a posture of "a certain participant leaked secrets to the media", rather than Gu Kun directly shouting at the media.

The reason why this is done is to make the plot look less gunpowdery, reduce the suspicion of "interfering in financial freedom and manipulating the market by non-market means", and reduce the hostility of the people in various countries.

After all, if Gu Kun openly calls on people in power to protect the market, this will easily cause resistance in countries that respect the free market.

But if a few words of emotion are casually whispered among friends in private, as long as the enemy cannot prove that the other guests who discussed with Gu Kun are the heads of financial management institutions in various countries and do not belong to government interference, then they will not fall into the trap.

In the breaking news clip, Gu Kun's closed-door speech was impassioned:

"Ladies and gentlemen, what Soros has done has also been seen by everyone! He keeps saying that he is in the name of financial freedom and investment freedom, but what is he actually doing?

He never wanted to suppress the inflated bubble economy and return to rationality, but only to manipulate the ignorance and cowardice of retail investors! The Thai baht has fallen, and the size of Soros's capital has tripled! Then the ringgit, the Philippine peso, and the Indonesian rupiah have fallen one by one, and now it has spread to the Korean won!

Let's see clearly, Soros's ambitions have no borders, and he is no longer satisfied with only targeting countries that do have economic bubbles. As long as he is allowed to continue to expand his financial strength, and to condone the deepening fears and myths of ignorant fools in various countries about Soros, sooner or later he will become more and more inflated and attack completely stable innocent countries!

This time, if we don't kill it in the Hong Kong dollar market, it will not only be the South Korean won sniped, but also the yuan and the yen may be attacked in the future. No country will be spared, except for the dollar!

Moreover, this time the opportunity is very rare, because the stock market capacity of Xiangjiang is large enough to withstand the counterattack against Soros's trap of 'foreign exchange and stock dual market linkage'! If Xiangjiang falls, it will be impossible for us to completely kill him with the stock market in South Korea, and it will only be too late when he poisons Yuben!"

On television, after these remarks, he followed up with a private interview with several other guests. Those people expressed their feelings one after another, and they were deeply encouraged and willing to follow Gu Kun to save themselves.

However, the identities of these people, subtitled on TV, are all non-governmental economic figures, and they all express their views on their own personal investment views. None of them are the identity of a country's central bank or regulator, so they will not fall into the trap.

After the news came out, the rendering effect was really obvious, before the close of the day on April 2, there were a large number of private scattered people who were quite encouraged, thinking that the real news came out, and changed the previous posture of selling and fleeing, and some of them chose to enter the market immediately.

At the opening of trading on April 3, the Hang Seng Index actually regained the 7,000-point mark and rebounded to around 7,100.

Because of the time difference, and the fact that this wave of stock market operations will last for half a year, it is impossible to stare at it in the middle of the night all the time, so it was only on April 3 that he noticed the relevant information.

Seeing the stock index rise again, Soros's first reaction was to scold, because he mistakenly thought that the national team had really taken action to protect the disk:

"Despicable, shameless, and untrustworthy Asian pigs! Those brutes really evolved in a barbaric state without repeating the game! Such a flagrant destruction of the rules of the game! First of all, I will concentrate my funds and smash them hard, and I will scare as many people as I can! At this time, we must not let the confidence of the lowly sheep be restored!"

Of course, Soros's capital plate is much larger than Gu Kun's, and Gu Kun just made a false shot, and it didn't really attract large-scale protection.

Therefore, starting on the afternoon of April 3, the market re-entered the plunge, and 7,000 points were broken down again.

Soros's determination seemed unprecedentedly firm, and within a wave, billions of dollars in principal and nearly $20 billion in leveraged orders were slammed down, and by the end of the week, the Hang Seng Index had plummeted to 6,500 points.

The flock is once again resplendent and has once again become Soros's accomplice.

At the same time, Soros did not forget to fight back in the media and choke Gu Kun in a high-profile manner, calling Gu Kun a "layman barbarian who ignores the rules of the financial game".

"A layman like Gu Kun is just like the barbarian at the door that we usually say! Disregarding the laws of financial civilization, he shows from head to toe an imbecile brain born from a mining tyrant! A typical Oriental authoritarian tyrant thinking!

In those ignorant and uncivilized countries, they like to stock the bubble and continue to expand, and they still hide in dark corners and are hostile to the superior risk management and control system that Oceania countries have perfected and developed in the past 100 years!

As everyone knows, the coexistence of short-selling and long-selling is the premise for the long-term benign development of the financial market and for the invisible hand to successfully mediate the allocation of resources! Just like the great ocean-style judicial system, lawyers can do everything to make profits for their clients, because the duty of lawyers is to fully confront the prosecutor, and only by confrontation can the truth become clearer and clearer, and this kind of all-encompassing is extremely civilized and just.

But in the eyes of the brutal authoritarian tyrants of the East, this antagonism is stigmatized. They savagely pursue the efficiency of domination, ignoring the perfection of the rules of the confrontation game, and if the rough intervention of Gu Kun and others is allowed to defeat the natural laws of the market this time, it will be a trampling on civilization!"

I have to say that the backspray of Sogou is still very level.

It must be clarified here that many people in China applaud Soros, including in later generations, the main reason is that "the economic bubble is too big, the power of the bulls is too strong, and the people see that the stock price of A-shares is inflated, but they can't suppress the coaxing of the institutions, and the fundamental reason for this is that the short-selling mechanism of Huaxia is not perfect enough, the mechanism of bears and bulls dog-eat-dog is not well cultivated, and there are not enough big shorts like Soros who are crazy about bursting the bubble."

As soon as these people who muddy the waters boast, it seems that Soros has become a robber of the rich and helping the poor.

In addition, some public elites who study law always feel that the status of the Chinese lawyer community is not as good as that of Oceania, so they like to boast that "confrontation can make the truth clearer and clearer". After such a mix, it seems that Soros has also become a forgivable person.

In addition, the earnings ratio/price-to-book ratio of the A stock market is generally at least 2.5 times higher than that of Hong Kong stocks, which is indeed inflated, and the above remarks have attracted a group of believers and eyeballs.

But those remarks are absolutely ridiculous nonsense.

Because they secretly changed the concept and secretly replaced "should support shorting" with "should support Soros".

Therefore, Gu Kun immediately publicly refuted on TV this weekend, exposing Soros's despicable words.

He was interviewed by South Korea's KBS TV and said directly in a conversation with the host:

"Soros's remarks obviously steal the concept! We have never been against shorting! Good faith shorting is no problem, including Warren Buffett will also short. That kind of short-selling institution is based on various quantitative analysis of the currency exchange rate of a stock and a country, and then discloses the truth concealed by the other party, and then a short futures index is dropped.

And Soros's kind of short-selling, in fact, does not need the premise that 'the other party does have a bubble and should indeed be undervalued'. In other words, in the case of the Southeast Asian financial crisis, the only way to start with Thailand is to have some bubble fig leaf, and then it is actually a matter of ignoring whether it is a bubble or not, and only looking at the people's fears.

In other words, he is a snowball rolling, slashing through rows with knives, and intimidating the people behind him: Lao Tzu has more money than you, and there is more money than longs, and if you don't run, others will be scared away by me, so if you want to live, run quickly. Roll to the back, and those without foam are just as sad. ”

Reasonable shorting of reasoning to expose the other party's bubble and using the fear of the flock without a bubble are completely different things. Financial commentators who confuse these two concepts should cut off their children and grandchildren, cut off their ancestors, and die from their ancestors, and the whole family should not be born for generations.

As soon as Gu Kun said this, the rhythm of some financial strength in the West that had just been brought up by Soros was slightly suppressed.

Gu Kun's meaning is obvious: what Brother wants to kill is Soros alone! Brother wants to kill the herd effect tactic, not a reasonable short!

Institutions that are reasonably shorted, including Warren Buffett, are very respected. We also welcome oversight of short-selling institutions on Wall Street that are problematic in their professional analysis reports.

This gesture is very necessary.

If Gu Kun chooses to blow up Wall Street in an all-round way, then the hatred he will provoke will be very large, and the resistance he will encounter will be much more, and other Southeast Asian countries, and even South Korea, will not want to see it.

However, he accurately exposed Soros's sinister intentions, and also emphasized that Soros was secretly changing concepts, wanting to take Gu Kun's point of view one step further, wanting to lure Gu Kun to accidentally hurt good people, and luring others to be given A by Gu Kun's AOE, so as to generate hatred for Gu Kun.

In this way, Soros has become the guy who sows discord.

Gu Kun's trick was really good.

Because on the third day, on Sunday, he actually forced Warren Buffett out and answered some questions and concerns from reporters on it.

Buffett apparently responded because he didn't want to be pulled together by Soros.

Buffett also did not express support for Gu Kun or support for Soros, he just said: "Everything in the near future has nothing to do with me." I don't think some of the rookies in Southeast Asia are attacking me for panic shorting, I'm doing value investing. ”

Even so, Gu Kun's purpose was achieved.

Although Buffett didn't support him, it was equivalent to saying: I know that Gu Kun is just scolding Soros, and he doesn't want to scold me. It's Soros, this guy has to say that Gu Kun even scolded me, and I didn't bother to deal with him.

Ladies and gentlemen, don't think that there is anything wrong with this statement, why is Gu Kun's face suddenly so big.

Because Oceania is only a collection of profit-seekers, there is no unity in itself, and the interests of various factions have always been very strong.

Warren Buffett's "value investing" faction and Soros's "herd investment" faction have had a long-standing grudge.

Because the essence of the herd investment school is to deny the theoretical roots of the value investment school: there is no objective value in the world at all! There is only fear and confidence! As long as the fear is big enough, no matter how valuable things are, they are also! As long as the confidence is big enough, the things in are also money!

After Buffett spoke, Gu Kun did not forget to make up for it: "Mr. Soros has always disbelieved in objective values, so my style of play is just to treat others the way they do." He used fear to guide investment, and I used fear to guide people to invest in the opposite direction.

Does he think I'm fanning the hatred of Southeast Asians and Japanese and South Koreans for him? No, I'm just making them fear death, and I want to kill the root of death completely. If the former is not market manipulation, but the latter is market manipulation, then I have to say how hypocritical the so-called financial freedom of Oceania is. ”

Investment wars are never won by fighting a war of words.

However, Gu Kun's temporary advantage of verbal warfare made many people see the opportunity to enter the market quietly.

"SIR, why don't we launch the disk protection next Monday! Everyone has said that this is not an intervention in the free market, but the market itself is a market of fear. There are so many foreign investors who don't want Soros to eat Xiangjiang after they finish eating it, and they join forces to snipe here, it's no problem, right?"

These words were said to his leader by a think tank analyst in a national team organization.

"If you don't protect the disk, let Soros continue to fight. Over there, Gu Kun shouted all the slogans, and the retail investors will feel that we can't protect the disk if we have the heart! At that time, the confidence of the entire market will be over! If we want to protect it, we will get twice the result with half the effort, and it is better to use the people's hearts now!"

Gu Kun had already forced them to the point where it was difficult to ride a tiger first, and then paved the steps.

The service is so good, there is no reason for the disk guard team to hold the shelf and not get off the field.

"Then let's do it in advance. "A certain person in charge of the competent department, after a bit of hesitation, finally issued an order on the spot.

Monday, April 6.

A new week of engagement begins.

Soros continued to smash and sell orders frantically, with a principal scale of billions of dollars a day, plus leverage is enough to leverage more than 10 billion.

On Monday morning, the stock price continued to be pressed down, quickly breaking through the 6,500 mark and heading straight for 6,000 points.

However, this trend is only the end of the strong crossbow after all, and he has no chance to touch 6,000 points at all, nor does he have a chance to last until noon.

Shortly after 10:30 a.m., when the lowest level was near 6,200 points, the sky's protective funds fully counterattacked.

And Gu Kun's funds, when the market opened early this morning, at the mark of more than 6,500 points, changed the posture of "focusing on increasing the position of telecommunications network stocks" last week, to "all-out attack", and all categories of stocks were frantically sweeping.

The amount of about $300 billion that Soros leveraged after he sharply leveraged it was actually sold off in one day!

The volume of trading volume is so large that the Hong Kong Stock Exchange has not seen it in the past decade.

Stocks equivalent to more than one-tenth of the entire Hong Kong stock market change hands in one day.

At the end of the day, not only 6,500 points were recovered, but even 7,000 points were recovered.

Within a day, it fell by 300 points and then rose back to 800 points, and the amplitude of the ups and downs was so fierce that retail investors were dumbfounded.