"Wow! It's really up!"

"I said a long time ago that interest rates should be cut, and if they don't cut interest rates, it's a dead end, am I right!?"

"Cut! There is early knowledge, no begging, hindsight. ”

"If you don't believe me, ask Cuong, did I say it a long time ago?"

"Okay, okay, do you want to borrow high and ship? I'm afraid that it will fall again after a while." ”

I heard that this time, the four major families and 35 listed companies have joined forces to save the market, and there will be at least a few waves of the market. ”

"Then wait a little longer, alas, my coffin is almost gone, no matter how bad it is. ”

There was a jubilant sound in the trading floor, and both traders and ordinary retail investors had a bit of joy and apprehension on their faces.

The Hong Kong stock market has fallen for four consecutive months has broken the confidence of Hong Kong people, and everyone has become accustomed to the operating logic of the foreign exchange market being shorted - raising interest rates - the stock market plummeting, but this time the Hong Kong government has gone against the norm and has not raised interest rates, but has lowered the interbank lending rate.

Tony was already crying, why did the stock market really start to rise just after he sold it?

"The hostess, a barbecued pork rice. At lunchtime, Tony went to the tea restaurant again and said to the proprietress weakly.

"Hey, here!" Tony waved at himself as Larence had already eaten half of a cheong roll meal.

Tony sat down listlessly: "Hey, you've been very idle lately, it used to be nice to see you two days a week, how can you have time to eat lunch every day?"

Larence sighed: "There is still no one to buy a building, no work to open, of course idle." ”

Tony sighed twice, and Larence looked at him curiously, "Didn't the stock market go up today?

Tony put down his chopsticks and said sadly: "Damn Fat Boy Luo, let me send out a batch of goods in the morning, just after it came out, the market came, obviously he asked me to come out, and the performance will be counted on my head, and this month's salary may be deducted!"

Larence glanced at Tony sympathetically and comforted, "Okay, okay, it's better than me, if it doesn't open this week, I may really have to find another job." ”

Tony wondered, "It's not that serious, is it?"

Larence asked for a can of iced Coke: "I have more than a dozen real estate consultants in our company, and I have already quit a third of them last week, and I guess there will be no more orders in the future, so it will be my turn." ”

Larence looked at the listless Tony, and stopped talking, Tony said lazily: "Just say something, are you looking for me to borrow money? I still have three hundred and two here, if you want to take two hundred." ”

Larence hesitated: "The last time you asked me if house prices would fall, I said no, right?"

Tony tensed up: "What?

Larence pouted: "I did think it wouldn't go down, but yesterday I heard a news that New World's property in Tai Kok Tsui might be on sale. ”

"Discount?" Tony was a little confused, I haven't heard of such a thing as real estate discounts for a few years, is the world really so bad now?

"How many points?" asked Tony nervously, knowing that this property was not too far from the building he bought, and if the price of this property fell, his estimate would also fall.

Larence was silent for a moment: "Eighty-fifty fold." ”

"Fifteen points!?" Tony could barely believe his ears and said with a blushing face, "How can you let so many?"

Larence sighed: "It is said that the funds are tight, so if you want to withdraw the funds, you don't have to worry too much, this time the new world only released a hundred sets of discount plates, and after these hundred sets are sold out, maybe the original price will be restored." ”

"How so?" Tony muttered to himself, "What the hell is wrong with Xiangjiang?"

—————————————

"How can this be!?What the hell is going on with Xiangjiang!?"

Druckenmiller's face turned pale, "Why did we buy another 12 billion Hong Kong dollars, but the interest rate dropped by a point!?"

"Stanley!" Robert rushed in sweating, "there's news!"

"Tell me!" Stanley Druckenmiller was anxious to know what was going on and why the Hong Kong dollar was decreasing in the market, but liquidity was not affected.

Robert breathlessly said: "Since yesterday, the HKMA and the Treasury have jointly deposited Hong Kong dollars into the ordinary accounts of major banks in Hong Kong according to the quota to improve the liquidity of Hong Kong dollars.

"Impossible!" Druckenmiller blurted out, "where did the HKMA's Hong Kong dollars come from? Could it be that they printed them? Aren't they afraid of more pressure from depreciation?"

Robert looked at Druckenmiller speechlessly: "We just sold 20 billion Hong Kong dollars in sight yesterday, and what they deposited is the spot Hong Kong dollars that we have been selling, including 20 billion yesterday." ”

Druckenmiller slapped his head,!

Had it been elsewhere, Druckenmiller would have been on guard against similar tactics by the authorities. However, Hong Kong prides itself on being an international financial center and a model of freedom, and has always adopted a policy of non-intervention in the market, which is more liberal than other international financial centers such as London and New York.

Regardless of whether Druckenmiller is willing to admit it or not, no matter how nervous he is about shorting Xiangjiang this time and how important this action is, he subconsciously does not pay enough attention to Xiangjiang.

Where do Chinese people know what finance is?

The subconscious underestimation of the enemy made Druckenmiller ignore the counterattack strategy that Xiangjiang might take, and for the first time, he felt that the battle situation was faintly out of his control.

Hmph! You think that you can defeat me just like this? It's naïve! The muscles on Druckenmiller's face twitched, and he immediately decided: "Tell Julian and other partners that we will jointly throw another 30 billion Hong Kong dollars in stock!"

Robert was taken aback: "Stanley, even if we add other partners, we only have a total of 88 billion Hong Kong dollars in chips, and if we sell another 30 billion, we will only have 20 billion Hong Kong dollars left, which... ”

Stanley Drucken Miller's face was hideous: "It doesn't matter, we can continue to borrow." If their interest rates remain high, we will still worry about the problem of chips, but now, hehe, they are a double-edged sword, as long as we empty their foreign reserves, the Xiangjiang economy will be self-defeating!"

Robert said incredulously: "Xiangjiang still has at least 60 to 70 billion foreign reserves, and it will take at least 250 billion Hong Kong dollars to reach their critical point, we don't have such a big fund!"

A somber smile appeared on Stanley Druckenmiller's face: "Are we the ones who are short Thailand? No, it's the Thais." Are we the ones who are short Malaysia? No, it's Malaysians. In the same way, it is not us who shorts Xiangjiang, but the people of Xiangjiang themselves!"

(End of chapter)