After the boss left, Mr. Guo, a staff member of the Monetary Authority, said to Zeng Wei: "Mr. Zeng, the financial predator Soros wants to let Hong Kong Island follow in the footsteps of Thailand, and it is menacing, the people of Hong Kong Island are panicking, the stock market is unstable, and the chief executive is worried. ”

"Although this attack was thwarted by us, based on past experience, Soros is by no means the kind of person who is willing to give up easily, and he is making a lot of forward purchases of the Hong Kong dollar, ready to refocus on the glory of England and Southeast Asia. I hope that Mr. Tsang can draw a knife to help save the crisis. ”

According to Mr. Guo's own introduction, he was born in the wealthy Guo family on Hong Kong Island, but he is not a member of the lineage, and can only be regarded as a side branch.

After Zeng Wei was polite, he analyzed him: "Soros's decision this time is not wise, because he did not take into account the foreign exchange reserves of Chinese mainland behind Hong Kong Island, Hong Kong Island and Chinese mainland amounting to more than 200 billion US dollars, plus Wanwan and Macao, foreign exchange reserves are not less than 374 billion US dollars, such a powerful strength is not comparable to England, Thailand and other countries." This attack on the Hong Kong dollar is not very certain. ”

Mr. Guo explained to Zeng Wei: "Although the top level is more confident, when Soros sniped the Thai baht, hundreds of billions of dollars were also concentrated, and the funds of Wanwan and Macao could not be used in a short period of time, while although the mainland and Hong Kong have more than 200 billion US dollars in foreign exchange reserves, it is impossible for them to invest in this financial war." ”

"I understand this, otherwise I would not have accepted your invitation. Zeng Wei nodded.

As far as Hong Kong Island is concerned, maintaining the fixed exchange rate system is a guarantee for maintaining people's confidence, and once the fixed exchange rate system is broken under the impact of international travel funds led by Soros and others, people will lose confidence in Hong Kong Island, and then ruin the prosperity of Hong Kong Island.

At this important moment when Hong Kong Island has just returned to the motherland, protecting the exchange rate stability of the Hong Kong dollar is an important manifestation of the HKSAR leadership's ability to govern, and is also an important symbol of enhancing Hong Kong people's confidence in the HKSAR Government.

Therefore, defending the stability of Hong Kong Island's currency is destined to be a life-and-death battle, and the Hong Kong Island Government will fight back against any challenge to the Hong Kong dollar at all costs.

………………

"If Soros continues to attack the Hong Kong dollar, the SAR government will make a corresponding statement and fight to the end. Mr. Guo said to Zeng Wei.

After hearing this, Zeng Wei was a little puzzled and asked: "Since we have made up this decision, we should express our stance as soon as possible, on the one hand, to make Soros jealous, and on the other hand, to enhance the confidence of Hong Kong people." Wait until the other party has launched it before announcing it, isn't there a suspicion of passivity?"

Mr. Zeng's intention is also good, but the chief executive believes that this is not yet the end of the mountain, and premature intervention in the financial market will also affect investor confidence. Mr. Guo said with some embarrassment.

Zeng Wei secretly shook his head in his heart, this is a matter of ideology, these people on Hong Kong Island, the consciousness of the market economy is deeply rooted in the bone marrow, and everything wants to be done according to the rules of the market economy. If such a situation had been encountered at home, the government would have intervened strongly.

Thinking of this, Zeng Wei shook his head and said: "The ancients in our country once said that if you keep interrupting, you will suffer from it. The chief executive himself is also a genius with considerable economic skills, so why is it that he is afraid of changing his situation at this time? This is not the style of the shopping mall. ”

"It's hard for me to say this kind of thing...... Mr. Guo said with a wry smile.

………………

In 1982, Mr. Dong died of a heart attack, coupled with the recession of the world shipping industry, a large surplus of cargo tonnage, a sharp drop in shipping prices, and the failure of his family company OOCL to respond in a timely manner, resulting in a sharp drop in performance, and the Chief Executive owed a huge debt, amounting to more than HK$20 billion.

In 1986, Mr. Fok stepped in to inject US$120 million to save OOCL. In May of the same year, he announced the reorganization of the company, and in the new Dong Group, he lost control, changed from a boss to a clerk, and then borrowed 250 million yuan from five banks, including the Bank of Tokyo.

In 1991, thanks to his efforts, OOCL turned a profit of US$9.8 million.

By the time of the first half of 1994, OOCL's operating profit had increased eightfold to US$40 million, and it had finally saved its ancestral business from a loser to a rich.

Being able to be elected chief executive this time is inseparable from the strong recommendation of Big Guy Huo.

Zeng Wei is more aware of this process, so there is such a discussion.

………………

Although the two did not come up with a result on the policy talks, Zeng Wei agreed to the request of the SAR side, indicating that he would contribute to the stability of Hong Kong Island's prosperity in his own way.

He knew very well that Soros's sniping of the Hong Kong dollar was actually Xiang Zhuang's sword dance with the intention of Pei Gong, and he had other plans.

The Hong Kong dollar has been pegged to the US dollar since 1983, with 7.8 Hong Kong dollars being exchanged for one US dollar. Sniping at the dollar with the dollar, it is clearly not feasible. So why did Soros do this?

In the original history, he shorted the Hang Seng Index under the pretext of sniping at the Hong Kong dollar, causing the Hang Seng Index to fall from 18,000 points to 6,000 points, which severely damaged the economy of Hong Kong Island.

From this point of view, Soros's Asian sniper operation is basically a complete victory.

However, at this time, the attention of the SAR government is only at the level of defending the Hong Kong dollar, and the energy required to maintain the stability of the stock market is too great to be accomplished with the efforts of the SAR government, or the ten local families on Hong Kong Island can work together to achieve this goal.

But Zeng Wei also noticed that not to mention whether the ten major families can work together, even if they can join forces to support the market, but the Hong Kong Island stock market is now too much of a bubble, and it must be squeezed.

In Zeng Wei's view, the SAR has sufficient funds to maintain the stability of the Hong Kong dollar market.

And with the little money in his hand, it is simply a drop in the bucket, and the symbolism is greater.

In a sense, mainland business bigwigs like Zeng Wei represent the government's support for Hong Kong Island.

The top priority at the moment is to prevent Soros from taking too much money from the Hang Seng Index.

Now the Hang Seng Index has been running at a high level, there is a danger of downward movement at any time, although some people are already shouting for the Hang Seng Index to reach 20,000, but it is obvious that this is unrealistic, especially under the current economic situation.

Zeng Wei thought to himself, anyway, the decline of the Hang Seng Index is already expected, and it always takes some costs to support the market, so it is better to lay out in advance now, short the Hang Seng Index, and then it will be possible to recover some losses, or it is also expected to make a big profit.