For the "foreign exchange battlefield" several frontal toughness, Hong Kong's financial and financial authorities' response is really in place, especially the "any move" for international financial speculators can be called full of lethality, absolutely shine.

Also, the use of policy tools on the "foreign exchange battlefield" is equivalent to "cheating", and the large-scale increase in short-term interest rates by the Hong Kong monetary authorities is completely a "bad move" to draw wages from the bottom of the kettle -- the effect is very good.

However, in the deadly "foreign exchange battlefield", it is definitely not a long-term solution to attack opponents by relying solely on the "policy stick" of raising short-term interest rates. You know, for a long time, in the financial battlefield, "policy tools" are the last trump card, and generally only when there is really nothing you can do, will you use this thing to sign up.

After all, how can a game always have a "cheat" on it, if that's the case, no one really wants to play with you!

Moreover, raising short-term interest rates was a helpless move by Hong Kong's financial and financial authorities, and they would never have done it if it had not been for the fact that they were beaten up by international financial speculators in the foreign exchange market in London and the local market, and that they had invested nearly 10 billion yuan and still had no use.

You know, although "any move" does work, it is also a self-loss of 800 by killing 1,000 enemies, or even 800 self-damage by killing 800 enemies.

Fortunately, under the shine of "any move", the exchange rate of the Hong Kong dollar has temporarily stabilized, the linked exchange rate system has been preserved, and the exchange rate of the Hong Kong dollar against the US dollar has reborn the key mark of 7.8 to 1.

Of course, since this is a tragic "war," it is naturally impossible for international financial speculators to retreat from the difficulties just because the Hong Kong financial authorities have come up with a "big stick of policy." In fact, after the first tentative attack on the Hong Kong dollar was defused by "any move", international financial speculators once again gathered forces to launch a second wave of attacks, and the attack was even more ferocious.

With the "trump card" of "any move" as the backing, the Hong Kong financial authorities are really full of information, directly carrying a large amount of "ammunition" and once again entering the "foreign exchange battlefield" to wage a desperate struggle with international financial speculators.

Helplessly, the strength of international financial speculators is indeed too strong, and the Hong Kong financial authorities were once again repulsed, and for the second time they came up with "any trick" - raising the interbank lending rate again.

Sure enough, the international financial speculators faced the Hong Kong financial authorities who had opened the cheat, although they had the intention to kill the other party in one go, but the cost was huge, it was unsustainable, and it did not meet their strategic goals.

So, slowly retreated again.

However, the tide recedes not because of fear, but because of the gathering of bigger waves to strike again!

This time, international financial speculators seem to be unwilling to repeat the defeat of the previous two times, and will definitely make a real big move. Under the tandem of Fund X, international financial speculators directly bypassed the Hong Kong Monetary Authority and pooled about US$60 billion in Hong Kong dollar cash from banking giants such as Standard Bank Group, Barclays, JP Morgan, Chase Manhattan, and HSBC.

The $60 billion Hong Kong dollar can easily break down the "defensive position" laid by the Hong Kong financial authorities and directly destroy Hong Kong's foreign exchange market.

Under such a dangerous situation, Hong Kong's Financial Secretary Donald Tsang and the Secretary of the Hong Kong Monetary Authority, Yam Zhigang, are not only preparing to make a "big move" for the third time, but also raising a large amount of funds, hoping to further strengthen the Hong Kong government's "foreign exchange defense position."

However, what everyone didn't expect was that after such a big battle, the international financial speculators did not move for a long time and stood by in a state of standby. However, once the Hong Kong financial authorities want to make a slight move on the "foreign exchange battlefield" or launch a tentative counteroffensive, then international financial speculators will immediately strike hard to knock it down.

All of a sudden, no one knows what the other person is trying to do.

However, soon, the "financial shark" of Fund X suddenly rushed out from under the surface of the financial ocean and went straight to the New Taiwan dollar - a large short of the New Taiwan dollar.

, the sudden move of X Fund suddenly made many people instantly understand the true purpose of international financial speculators, and there is no doubt that this is "encircling the point to help".

This is because, at the same time that international financial speculators are approaching Hong Kong, the Hong Kong financial authorities have sent a signal of cooperation to Taiwan, and the central government also hopes that the two sides of the Taiwan Strait and the three places can work closely together to jointly fight this "financial turmoil."

You must know that the foreign exchange reserves behind the three major currencies of RMB, Hong Kong dollar and New Taiwan dollar are rich and scary, once the three currencies join forces, Su Chenyu really has to consider whether to continue to fight this "financial war". Although, at present, the international financial speculators led by Fund X can pick three, but in this way, they will push their own risk coefficient up without limit. Even, there is a possibility of failure in the end, which is definitely what Su Chenyu and X Fund do not want to see.

Therefore, "encircling the point and sending reinforcements" is the best strategy, surround Hong Kong first, and as long as the new Taiwan dollar is eaten, then all the possible deadlock will be broken.

Moreover, the "encirclement point" implemented by Su Chenyu is not just a siege, but a siege and a fight, and the battle in Hong Kong has begun a small-scale local offensive at the same time as the X Fund launched an attack on the New Taiwan dollar. Regardless of the small-scale local offensive, international financial speculators led by Soros and the Quantum Fund have crushed the Hong Kong financial authorities.

This is not yet a full-scale war, the Hong Kong financial authorities have been beaten like this, once there is a war, then it will still have to be?

At the same time, X Fund is also fighting high in the "New Taiwan Dollar Battlefield", and the results are remarkable, there is no way, X Fund is overwhelming people with momentum as soon as it comes up, and it is a thunderous blow, and the shot is even more full of heavy blows.

Not only that, at the same time as Fund X is making a move against the New Taiwan dollar, Tiger Fund is also launching a wave of harassing attacks on the yuan. Yes, it is a "harassing" attack, not in order to hit the RMB, as long as it can temporarily drag the RMB, so the tactics are naturally based on harassment.

What's more, Tiger Fund really has no chance of winning in the face of RMB, so it can be disturbed.

Besides, the "aid" that was sent to the encirclement point was not the renminbi, but the new Taiwan dollar.

Therefore, Fund X will personally take action against the new Taiwan dollar, in order to completely repel the greatest possible "help" of the Hong Kong dollar as soon as possible.

In fact......