There is no doubt that Su Chenyu clearly knows that the RMB will definitely support the Hong Kong dollar, so he will not and is not ready to do anything against the RMB at all.

However, Su Chenyu is really a little uncertain about the possible movement of the new Taiwan dollar, after all, who knows if this "Asian tiger" will suddenly extend a helping hand to Hong Kong. After all, no matter what, after so many years of financial and commercial cooperation between Wanwan and Hong Kong, they should not sit idly by and watch it being beaten by international financial speculators, right?

Hehe, however, in fact, everyone was taught a lesson by Wanwan!

What is called "self-preservation", what is called "watching the fire from the other side", and even what is called "falling into the well" - Wanwan explained these terms to everyone very well.

After analyzing that the real goals and intentions of international financial speculators are the Hong Kong dollar and Hong Kong, rather than the new Taiwan dollar and Wanwan, Peng Huainan, the person in charge of the financial authorities in Wanwan, urgently discussed with the "big traitor" Li Mouhui.

In the end, no one expected that the Wanwan authorities made a decision that made everyone confused - to abandon the new Taiwan dollar!

, this is completely Hongguoguo's "surrender" + "surrender to the enemy", which can be regarded as a possible self-help way out of the Hong Kong dollar completely blocked. Without the addition of the new Taiwan dollar, the strength of the alliance between the Hong Kong dollar and the renminbi is indeed insufficient, and international financial speculators are not afraid of the head-on conflict between the two on the "foreign exchange battlefield".

It is no exaggeration to say that Wanwan's abandonment of the new Taiwan dollar is really a stinky move that harms others and is not beneficial to himself.

You must know that at this time, Wanwan had more than 320 billion US dollars in foreign exchange reserves, which was twice that of the central government and more than the total foreign exchange reserves of the "Four Asian Tigers". It can be said that as long as the new Taiwan dollar, the Hong Kong dollar and the renminbi are combined, then the foreign exchange reserves of the three parties can definitely harden international financial speculators in the face of the "foreign exchange battlefield".

Unfortunately, Wanwan became his most hateful "surrenderer" and became a deserter without firing a shot.

It's really selfish!

In the case of its own very high financial safety factor, Wanwan could have stuck to the new Taiwan dollar, helped the Hong Kong dollar share some of the pressure on the side battlefield, and also helped other countries in Southeast Asia to regain confidence.

However, the Wanwan authorities did not give up the new Taiwan dollar and let its exchange rate leak on its own initiative, which directly caused the expansion and strengthening of the "Asian financial crisis."

Even U.S. Deputy Treasury Secretary Bernstein couldn't stand the despicable actions of the Wanwan authorities afterwards, and directly claimed that "by any standard, Wanwan's competitive position is still very strong, and it is not threatened by the depreciation of Southeast Asia and the Korean won, so its actions are completely unnecessary and violate all the norms of international cooperation and conduct."

Not only that, the Wanwan authorities are really shameless enough, this guy not only became a "surrender faction" without firing a shot, but also played a despicable trick of falling into the well.

Soon after voluntarily announcing the abandonment of the new Taiwan dollar, the Wanwan authorities openly depreciated the Hong Kong dollar and the renminbi in the media, believing that their depreciation was imperative.

Holding a big grass, this approach is really shameless, this is not just a "surrender faction" at all, it is completely on the side of international financial speculators. Moreover, the Wanwan authorities have come forward to openly denounce the Hong Kong dollar and the renminbi, which is much better than the international financial speculators who have sung the Hong Kong dollar and the renminbi, after all, everyone still has more trust in this "Asian tiger".

As a result, under the two-sided blow of the new Taiwan dollar being abandoned and the Wanwan authorities taking the initiative to sing the Hong Kong dollar and the renminbi, it turned out that the Hong Kong dollar, which was already under great pressure, was directly finished. International financial speculators took advantage of this opportunity to directly attack, breaking through several lines of defense set up by the Hong Kong financial authorities, and soon leveled the "defensive position" of the Hong Kong dollar.

All of a sudden, the exchange rate of 7.8 to 1 between the Hong Kong dollar and the US dollar was punctured again, and in desperation, the Hong Kong Monetary Authority had no choice but to "drink to quench its thirst" and announce an increase in the interbank lending rate. Not only that, after the fourth release of the "one move", the Hong Kong Monetary Authority announced that it would carry out stricter supervision of major commercial banks to prevent the recurrence of the previous situation where international financial speculators bypassed the HKMA and mobilized US$60 billion worth of Hong Kong dollars.

When the international financial speculators were in full swing with the Hong Kong authorities, the "deserters" of Wanwan and the New Taiwan Dollar were not spared - the capitulators should be damned!

Fund X directly launched a frantic attack on the New Taiwan dollar, and the exchange rate leak caused by the Wanwan authorities' abandonment of the defense of the New Taiwan dollar has plummeted again. You must know that on the day that the Wanwan authorities abandoned the new Taiwan dollar, the exchange rate of the new Taiwan dollar plummeted by 9%, and this is just the beginning.

Subsequently, X Fund decisively punched hard in the foreign exchange market one after another, and when the Hong Kong authorities were in a frantic confrontation with international financial speculators, the new Taiwan dollar was pressed to the ground and rubbed. The most important thing is that the decline of both the NTD and the Hong Kong dollar has actually formed a resonance effect in the foreign exchange market, resulting in the defeat of the Hong Kong dollar and the Hong Kong authorities faster, and the NTD has also died even more miserably.

Like a super typhoon, Fund X did not waste much time on the Wanwan and NTD battlefields, after all, Hong Kong was the main target of the entire war. However, it was this short "typhoon transit" that caused huge losses like a nuclear bomb to the NTD and Wanwan, with the NT$ plummeting by 30%, and the Wanwan stock and bond markets also suffered heavy losses.

However, because of the fact that it became a "capitulation faction", and although the X Fund was ruthless and heavy, it was fast and time-consuming, so Wanwan, which holds more than 320 billion US dollars in foreign exchange reserves, is a little better than other Southeast Asian countries and regions in terms of "post-disaster" reconstruction.

To tell the truth, at this time, the Wanwan authorities and the "traitor" Li Mouhui really wanted to cry without tears, originally, they also wanted to be a "surrender faction" to reduce some losses. However, now it seems that the losses caused by the heavy blow of Fund X are not small at all, and it has also disgraced itself in Southeast Asia and the international financial community - it is really a loss of rice.

Hehe, I don't want to think about it, have the "capitulation factions" had a good end since ancient times?

Damn the capitulation faction!

When Wanwan, a "capitulation faction", began to lick its wounds and heal itself, X Fund decisively returned to its own strength after making another profit, and once again focused on the war against the Hong Kong dollar and Hong Kong finance.

This is the main battlefield!

Moreover, after so many "feints" and "fake charges" in succession, it is time to show real fangs......