"Xingyu Holdings, it's really rich!" A Hong Kong white-collar worker who was looking at today's new issue of "Ming Pao" sighed while reading it.

November was the month of the Star Universe Foundation, and he and Shun Tak Fund became frequent headlines on the front pages of major news media in Hong Kong in November.

On November 24, Shun Tak Fund issued an announcement and held a press conference, announcing that as of the close of the day, Shun Tak Fund held 10% of the shares of six listed companies, including China Resources Gas Holdings, China Resources Land, China Overseas Land & Investment, China CITIC, Kunlun Energy and Beijing Holdings, and held China Mobile, China Merchants Port, Beijing Enterprises Water, Shenzhen Holdings, China Everbright Limited, COSCO Shipping Ports, Shenzhen International Holdings, Minmetals Resources, China Traditional Chinese Medicine, Yuexiu Real Estate, Joy City Real Estate, Hong Kong CTS International Investment and Poly Real Estate, Chong Hing Bank, Huarong International Finance, China Overseas Hongyang, Sinofert, CITIC Resources, China Food...... and nearly 50 listed companies with 5% equity, and do not rule out continuing to increase their shareholdings.

There are many discussions in Hong Kong, especially for this Shun Tak Fund that only absorbs red chips, after all, you only save red chips when "mainland capital" enters Hong Kong to save the market, how can you do it? For this reason, the owner of the central office in Hong Kong and Donald Tsang visited him personally, and at the same time, the inaugural governor of Hong Kong also called to inquire about the matter.

The acquisition of Hong Kong Telecom Company was so smooth because of the support of the mainland and Hong Kong governments, otherwise the 15.32% stake in Hong Kong Telecom Company in the hands of CITIC Pacific would not have been easily sold to the Liu family.

Liu Si directly said to the government's questioning, "The blue-chip Xinde Fund can be vigorously acquired, but the controlling families of these listed companies don't want the Xinde Fund to meddle in the blue-chip stocks!" ”

Throw high and suck low, the gang of capitalists in Hong Kong have played a lot more than Liu Siyao, but I don't think that at this time, those gangs want the Shun Tak Fund to intervene, Hong Kong is capitalism, and Hong Kong is actually just the plaything of those capitalist families. Now, as a Hong Kong native, Liu Sike did not dare to buy blue-chip stocks without gaining a firm foothold. It has been absorbing blue-chip stocks for a long time, but at present, there is no listed blue-chip Xinde Fund holding more than 5% of the shares, or even 2% is very small, and the absorption of blue-chip Xinde Fund is purely for investment. After all, these blue-chip stocks are indeed high-quality listed companies and are worth investing in. But they didn't dare to go all out to buy blue-chip stocks.

Today's Hong Kong chief executive is Tung Chee-hwa, the eldest son of the late world ship king in Hong Kong, and a member of the family of directors of Hong Kong's wealthy families.

On behalf of the central government, the director of the Hong Kong office directly supported the increase in the holdings of the Shun Tak Fund, while Tung Chee-hwa said that the Shun Tak Fund can invest in some Hong Kong listed companies?

On November 27, Shun Tak Fund issued an announcement and held a press conference, announcing that as of the close of the day, Shun Tak Fund held blue chip stocks such as Hutchison Whampoa, Cheung Kong Holdings, Sun Hung Kai, New World Development, Bank of East Asia, Hang Seng Bank, Henderson Land, Hang Lung Properties, Cathay Pacific Airways, China Gas, Wharf Group, Sino Land, Swire A, HSBC Holdings, ...... and nearly 100 listed Hong Kong stocks with more than 5% of the shares, and announced that they would no longer increase their holdings of Hong Kong stocks.

Of course, when Hong Kong shareholders were jubilant, on November 28, Xingyu Holdings, the parent company of Shun Tak Fund Holdings, issued an announcement and held a press conference, announcing that Xingyu Holdings had reached an agreement on the Wu family, the controlling shareholder of Wing Lung Bank, a listed company, to acquire 146 million shares of Wing Lung Bank, about 63.12% of the shares, at a price of HK$53.96 per share, with a total price of HK$7,878.16 million, of which Wu Suyi Limited held 33.22% of Wing Lung's existing total capital. Wu Yi Sun Co., Ltd. holds 15.89% and Yee Hong Co., Ltd. holds 13.01%. At the same time, it was announced that from November 28, 1997, Xingyu Holdings began to launch a general tender offer to the remaining shareholders at HK$53.96 per share. Since 28 November 1997, Xingyu Holdings has commenced a compulsory tender offer for HKT at HK$6.68 per share for the remaining shareholders.

Originally, he planned to wait for the acquisition of Baifuler before acquiring Hong Kong Telecom and Wing Lung Bank, but in the end, Liu Si was too lazy to wait for two months, especially now that the telecommunications fever is a bit hyped up, if he does not win Hong Kong Telecom as soon as possible, I am afraid that it will change later, so Liu Si used the investment department of Citibank to carry out the acquisition of Hong Kong Telecom and Wing Lung Bank.

Up to now, people with a heart have calculated that since November, the Shun Tak Fund has spent a total of more than 150 billion Hong Kong dollars in the acquisition of shares of listed companies and the wholly-owned privatization of Hong Kong Telecom and Wing Lung Bank, and most people speculate that the Shun Tak Fund is the mainland government's funds to enter Hong Kong to save the market.

However, in fact, the funds invested in the Hong Kong stock market in November were not as much as 150 billion Hong Kong dollars, but relatively close, reaching 138.258 billion Hong Kong dollars, of which Liu Si took out 5 billion of the 10 billion US dollars originally used to pay the central government in exchange for 3000000 square meters of land reserves.

To be honest, it is not a good thing to associate the Liu family with the red capital of the mainland, Liu Si still wants to invest abroad! Therefore, in order to correct the trend of reporting in Hong Kong, under Liu Si's instructions, the news that Xingyu Holdings is the major shareholder of Microsoft Holdings has finally been excavated.

"Xingyu Holdings, Asset Geometry? The first to disclose the information about Xingyu Holdings' stake in Microsoft to the news media was Ta Kung Pao, and Ta Kung Pao attached great importance to the news, and even sent reporters to the United States that afternoon to investigate the authenticity of this matter, and at the same time, as a competition, they naturally kept the inside information they got secret, so when Ta Kung Pao reported it, it was really groundbreaking.

As of the close of trading on November 28, 1997, Microsoft, as the largest market value of the S&P constituent stocks, had a market value of 362.173 billion US dollars, and Microsoft's introduction announcement showed that Xingyu Holdings held 24.9% of Microsoft's equity, that is, Xingyu Holdings alone had a controlling stake in Microsoft of more than 90 billion US dollars. It can be seen how huge its assets are, which is why Ta Kung Pao reported this.

How much is $90 billion? That's an asset of HK$697.5 billion, not to mention, Xingyu Holdings is only the tip of the iceberg.

Entering December, the remaining $52.471 billion in short positions of Thai baht, ringgit, peso, and Indonesian rupiah forward contracts in December has been closed by Xinjiapo, with an average yield of 52.71%, with a total profit of $27.658 billion. The remaining nearly $6 billion of the Hang Seng Index forward contracts in the Shun Tak Fund futures account were also liquidated early, with a profit of $2.692 billion. A total of more than 30 billion US dollars of funds were transferred by Liu Si to Hong Kong 15 billion US dollars, and another 15 billion US dollars of funds were transferred to the United States to participate in the Internet bubble boom. Among them, 10 billion US dollars will be used to build Meizu and VIVO research institutes in South Korea, Japan, the United States, Germany, Europe, India (mainly software-based) and other places; The remaining US$5 billion is used to pay the central government in exchange for 30,000 square meters of land bank.

In the next half month, Liu Si finally privatized Hong Kong Telecom and Wing Lung Bank, and rebranded Hong Kong Telecom and Wing Lung Bank. HKT will prepare to change its name to Global Telecom Limited within one year, and at the same time, HKT's internal operations will be restructured and carefully adjusted.

When Shun Tak Fund announced that it would no longer increase its stake in Hong Kong stocks, Soros reappeared, "Hong Kong's economy is not enough to support today's currency exchange rate. ”

The last time, that is, on October 28, 1997, was the last trading day of stock index futures in October, that is, the settlement day of stock index futures, the Hang Seng Index plummeted by 1,438 points, and the Hang Seng Index futures fell by 2,000 points, just one contract, the short side earned 100,000 Hong Kong dollars a day, and if calculated from 16,820 points, down 8,045 points, a contract earned more than 400,000 Hong Kong dollars, a profit of more than 60 times.

More than 60 times the profit in less than a month! Where in the world is there such a good deal? And if Soros holds 10,000 contracts, he will earn 4 billion Hong Kong dollars just by calculating stock index futures! Of course, this is an inappropriate assumption that underestimates Soros' energy.

On October 28, it was completed in one battle.

Once he succeeded in Hong Kong, Soros won a lot, and it can be said that he returned with a full load.

A large number of mainland investors have been beaten up, while Hong Kong retail investors, small and medium-sized market makers, and large investors have also suffered heavy losses.

Hong Kong was sheared by Soros with a handful of "wool".

Later, the collapse of Junan Securities, a well-known brokerage firm in the mainland, was related to speculation in Hong Kong stock index futures. Its heavyweight Zhang Guoqing had to be imprisoned, and Junan Securities had to merge with Guotai Securities to become another big brokerage firm in today's market, Guotai Junan Securities.

At this time, Soros and foreign bankers are hiding in a celebrity club to open champagne, drink wine, and pick up girls.

Unexpectedly, Hong Kong, like Taiwan, is easy to get, stupid people, and has a lot of money.

Soros was a little flustered, thinking that although the rivers and lakes were sinister, except for the attack on the yen, which was slightly damaged, the other battles were basically easy to handle.

The spring breeze is proud.

The difference between financiers and entrepreneurs after making a fortune is that entrepreneurs tend to be more low-key, while financiers are often more high-profile, especially for these so-called national super speculators. For example, if Warren Buffett quietly buys BYD and then announces it, then BYD's stock will skyrocket rapidly under the chase of the trend. Because, Warren Buffett is a signboard, and he is an invincible stock god!

market, just recognize the signboard. On the contrary, if you fail frequently, who will follow you?

This is also the reason why the stock market of "Lin Yuan", "Dan Bin", "Zhao Danyang" and others appeared on the land of China later.

What is the "stock god" most afraid of? The most terrible thing is that people don't know him, and what's even more terrifying is that people don't know what stocks he buys!!

After the first victory, Soros scrambled to announce that they had won.

Soros then turned his attention to South Korea and Latin America, because these are what Soros calls a meal on the plate, and the dominoes need to fall one by one, and if they fall at the same time, and he is not fully prepared, then the wool that should be sheared will either be sheared by someone else, or there will not be much sheared.

Soros parted briefly, and Hong Kong stocks quietly rebounded.

Where is the next opportunity to attack the Hong Kong dollar?

After careful study by Soros, they are unanimously optimistic about the time window of the Spring Festival in 1998.

First, since the accounting and settlement time of mainland companies is December 31, in order to handle capital verification, many companies choose to withdraw funds before December 31, which will cause a large number of mainland funds to be withdrawn suddenly.

Second, during the Chinese New Year, most people are more likely to relax, which is a good time for sneak attacks.

Third, since the settlement time of international accounting is at the end of March, the profits obtained from the sneak attack can be reflected in the fund's annual report, which is a relatively large incentive for hedge fund holders, not only will not be redeemed, but will also attract more customers to buy the fund.

Therefore, when the Spring Festival in 1998 was approaching, the Soros made a comeback, and they were going to do it again.

After a lapse of three months, Hong Kong is once again standing on the cusp and facing the "siege of the world".

In December, international speculators made a comeback and prepared for the attack.