Text Chapter K20 Won, Lost?
On August 28, the Hong Kong stock market reached a record 93 billion Hong Kong dollars in trading volume throughout the day, almost 10 times the usual amount, and the Hang Seng Index also fixed at 7,851 points.
At 7,800 points, this figure is already a clear indication of the failure of international financial speculators, and there is no doubt that their short positions have been liquidated - this epic "Armageddon", the Hong Kong financial authorities are winning.
This is definitely an ending that no one expected, and even international financial speculators cannot accept this result if they do not believe it, and even openly threaten in the media - "the Hong Kong government's bailout will not solve the problem at all" and "See you in September".
Indeed, it is no wonder that international financial speculators can't figure it out, you know, the 60 billion futures contracts in their hands almost broke through all the defensive positions of the Hong Kong government, and they really almost won. If it weren't for the fact that the buyer power of unknown origin suddenly entered the market and swept the goods, then the international financial speculators would have really won.
Hehe, stupid "earthlings".
That buyer force of unknown origin is none other than a super "ambush" prepared by the central government - state-owned capital, that is, the "legendary" "state-owned enterprises".
Yes, it is a state-owned enterprise!
As a super "leader" in the mainland economy, it seems that there is no need to elaborate on how strong the power of state-owned capital is, and it is an absolute "pillar of the country". This time, in order to support Hong Kong, the central government was afraid that the foreign exchange reserves would not be enough, so in the end, even the "trump card troops" at the bottom of the box were pulled out.
The four major banks of industry, agriculture, China and construction, Baosteel Group, Huaneng Group, Chinese Insurance, China State Construction ...... A large number of super "giant" state-owned enterprises have been involved in this "battle to defend Hong Kong", which can really be said to be - at all costs.
Sure enough, the addition of this powerful state-owned force really caught the international financial speculators off guard, and directly turned the last "trump card" in his hand into a "waste card" in an instant. You must know that the trading volume of the Hong Kong stock market was 93 billion Hong Kong dollars throughout the day, of which more than 60 billion was swallowed by state-owned capital, accounting for most of it.
Therefore, it is no exaggeration to say that in this "decisive battle", it was the state-owned capital that personally sent the international financial speculators to the "guillotine", which single-handedly led to the fiasco of the international financial speculators.
However, from the perspective of the overall situation, is it really Hong Kong that has won this "financial war"?
Yes, judging from the results of the "Armageddon" on the day alone, it is undoubtedly a complete victory for the Hong Kong financial authorities, and even if we look at the entire battle situation, it is also Hong Kong that won the final victory. After all, the international financial speculators' plan to short Hong Kong failed, and the Hong Kong financial authorities, with the strong support of the central government, have successfully defended Hong Kong's financial stability and security.
Well, it seems that this is the case, Hong Kong is really a big win.
However, as the so-called family knows their own affairs, who wins and who loses may really be known only to themselves.
After all, Hong Kong is the only region in the entire "Asian financial turmoil" that has not been attacked by international financial speculators led by Soros, and it has also dealt a heavy blow to this group of damn bears, which can be regarded as saving a little face for Asia. Also, look at the tragic situation of these "poor worms" in Singapore, Indonesia, Malaysia, Thailand, South Korea, etc., it is really miserable to be beaten by international financial speculators.
However, what Hong Kong looks like is a bloody victory.
It is no exaggeration to say that if you don't count the political score, and if you don't count the international influence, Hong Kong lost, and it lost quite completely.
Under the attack of this "financial turmoil", the Hong Kong stock market lost about 3 trillion Hong Kong dollars, yes, 3 trillion yuan, a figure that sounds impossible. However, this is only the loss of the stock market, you know, the real estate market has also lost about 2 trillion Hong Kong dollars, and the company and other losses are about 1.8 trillion.
In other words, Hong Kong, which won a big victory, actually evaporated about 6.8 trillion Hong Kong dollars of wealth in this "financial war", and this does not count the war losses on the "foreign exchange battlefield". At that time, Hong Kong had a population of about 6 million in 1998, and according to the calculation of 6.8 million people, that is, Hong Kong lost 1 million Hong Kong dollars per capita in this "financial war".
Hehe, the per capita loss is 1 million Hong Kong dollars, of which the top ten richest people in Hong Kong have lost 210 billion Hong Kong dollars - is this really funny?
This is the "result" of the winning side, and ordinary people may not believe it when they say it!
In fact, it's true!
Just ask you, is it miserable?
Miserable, really miserable!
Therefore, Hong Kong's victory is definitely a "miserable victory"!
In this "financial war", there are simply too many bankrupt billionaires, and the most famous of them should be Luo Zhaohui, the "real estate prodigy" who later broke out his history of adultery with many actresses in the entertainment industry. This guy's real estate market and stock market were both killed, and if he didn't go bankrupt, he was a ghost, and his billions of net worth were turned into ashes overnight, which is also miserable.
Hong Kong, as the "winner", is so miserable, so are the failed international financial speculators even worse?
Otherwise, in fact, if it weren't for the X Fund that finally came to a wave of somersaults, joined the "army of justice", and turned around to fight a rake, then the international financial speculators led by the three major consortium families would definitely make a lot of money. However, even if he was slapped by X Fund in the "foreign exchange battlefield", he lost a lot, but on the whole, he definitely made money.
It's just that this time, because of the addition of the X Fund and the SS Financial Holding Army, Soros and others have really left a lot of things. You must know that the "Hong Kong financial turmoil" in the previous life, which was also the final defeat of Soros and his quantum fund from Hong Kong, took away more than 5 billion US dollars in benefits from Hong Kong, far exceeding the gains of the "pound war" in 1992.
So, it's really hard to say who wins and who loses!
However, one thing is certain, if Hong Kong does not win this "financial war", if it is not a "miserable victory" in the end, once the financial system is broken by international financial speculators, then the loss will not be 6.8 trillion Hong Kong dollars - please refer to the decade of Japan's disappearance. Of course, international financial speculators are not as simple as taking away this amount of money.
Therefore, neither the Hong Kong authorities nor the international financial speculators led by the three major consortium families are the real winners!
In this deadly "financial war" without gunpowder, there is only one biggest winner!
That's ......