Chapter 697: Red Financial Institutions
Yanjing, at 7 o'clock in the evening, watching the battle in the foreign exchange market, the eyes of a group of leaders of the central bank were so bright that they were scared to death. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
What is most lacking in China's financial circle? It is a general who was killed from a mountain of corpses and a sea of blood, and this person must be trusted.
The whole world knows that China's financial circle is closed, and China's financial regulators have been playing behind closed doors with a group of children, who are speculating on concepts and playing tricks to harvest the money of immature market participants. Be properly educated.
Of course, how can a big country not pick out a few people who stand at the top of the industry, the question is believe it or not, those ABC, banana people, or elites who have spent half their lives in the international market, the trust given by the regulator is limited.
Lei Hao appeared, the speed of capital accumulation proved his vision, and the trading case showed his strength, but to be honest, no battle has so shocked the hearts of the regulators.
In the case that everyone is not confident, Lei Hao can turn the tide in the stock market, and in the face of disadvantages, Lei Hao can use technical means to slowly wear away the advantages of his opponents.
"Have a meeting, and the median price will be discussed tomorrow morning." Wang Huachen snuffed out his cigarette, with a hint of hoarseness in his voice, and then he hesitated for a moment, and said to the secretary beside him: "Ask Lei Ting's opinion, what middle price do they want?" Or rather......"
"Ask Lei Hao, what middle price can he win?"
There was an uproar in the conference room, as the central bank, even Huijin, SASAC and other departments have not received these benefits from them.
But if you think about it, there is no opposition to this decision.
It's really because the middle is so important.
What is the middle price directly determines the upper and lower limits of the RMB exchange rate.
If the central bank shouts the central parity of 6.6757 again tomorrow, then the offshore exchange rate of the renminbi will not fall much, and the downward force of the exchange rate in the peripheral market will be directly consumed by China's foreign exchange reserves.
China is now going to implement financial marketization, but according to Yanjing time, after a few hours, the Federal Reserve will give the momentum of the US dollar interest rate hike, and the central bank of China can decide the strength of its intervention in the foreign exchange market according to this variable, that is, ...... Shout out the middle price.
Now Wang Huachen wants Lei Hao to express his position, and said that he will take Lei Hao's attitude into consideration, this is a big face, if it wasn't for the shock just now, he would never have done such a thing.
Yangcheng, Thunder Investment.
Lei Hao has begun to get used to this extreme operation, but he also feels very tired, this kind of operation method, the way of adjusting every moment, is a kind of torture for people's spirits.
But it is also very fascinating, with the right time and place, the psychology of manipulating most people in the market alone makes Lei Hao feel unstoppable.
Receiving the kindness released by the central bank from the headset, Lei Hao was stunned for a moment, but fortunately, Leo and Tao Liyu's nervous inquiries interrupted his distraction.
"Put it to him, it's just a test, it won't be long before 6.85 breaks, and we're still placing orders at 6.85."
Lei Hao ordered the operation casually, but his mind was focused on thinking about the middle price.
It is true that if the central bank continues to shout the middle price of 6.6757, Lei Hao will be able to win the battle safely, but this is impossible.
If the central bank ignores the fluctuations of the offshore exchange rate and the upward pressure of the dollar, the marketization will become a joke, so it is normal for the median price to fall, and the question is how much it will fall.
If it is completely marketized, of course, it will fall directly by 2%, that is, directly 6.81, and liberalize exchange rate control, but this possibility is very small, and this situation has occurred in the history of RMB exchange rate fluctuations, but it is not fully applicable to the present.
Historically, 2% is China's central bank took the initiative to adjust, and now the traces of artificial speculation in the RMB foreign exchange market are obvious, if the central bank does not take action, then others will doubt whether you can successfully promote the financial market.
Unregulated marketization is also a joke.
"No, the central bank is asking me what middle price I can use to win, and it is impossible for them not to intervene, according to the display of future information......" Lei Hao suddenly figured out a thing, and said to Yongze through the microphone: "Tell them that I can accept any middle price, but I need to know the middle price at least half an hour in advance!" We've won! ā
"Okay, okay." Xiang Yongze now very much wants to open Lei Hao's office door and come in to burn incense and worship him, in fact, there are many people who have the same idea as him, Keda, HSBC, Standard Chartered, Prudential, Qingyu, Hanlong, including the central bank, Thunder, LEI, all the insiders have such an impulse.
Hearing Lei Hao say such an "absurd" conclusion in such an affirmative tone, Xiang Yongze didn't have any objections, so he directly conveyed it to the past.
In the central bank, Wang Huachen and others are also tortured by reason and emotion, rational analysis, whether Lei Hao wins or loses has a lot to do with tomorrow's central price of RMB, emotional analysis...... Everyone's mind comes up with the peak operation that is still continuing.
"I think we seem to have thought about a wrong point," Zhou Weimin, the secretary of the central bank's party group, said with a satisfied smile on his face, "What about giving it 2%?" We can do it another way. ā
"We have injected funds into Thunder, Keda, HSBC, Standard Chartered, Prudential, Qingyu, and Hanlon, and given them money, as long as the amount is appropriate, I believe that those people in Lao Mei can't say anything."
There was silence in the conference room again, the central bank gave money? Of course, you can, reverse repurchase once, casually it is tens of billions, Huijin, SASAC, state-owned banks and other institutions are not without money, China's economy is there, money is this thing, the motherland has.
The problem is that we need to pay attention to the nature of the funds and the distribution of the funds.
But Zhou Weimin's words have opened up a possibility for everyone, a different way of meddling, and giving Lei Hao, a group of people who stand on the correct political position, some funds, which is also to exert influence, but it is more in line with the operating rules of the capital world.
Moreover, if they can win, Lei Hao's group of people will make some more money, and there will be such a thing in the future...... There must have been more people coming to cheer.
"The amount needs to be very elegant, but ...... Now that the interest rate in the domestic interbank lending market is soaring, it is normal for us to inject liquidity, as for why the interest rate is still so high and the cost of shorting the RMB is so much after injecting liquidity, it is a complete market behavior. ā
"That's right, we give the flow ** to Thunder, Qingyu, Hanlong, HSBC, Keda, Standard Chartered and Prudential, there are domestic and foreign, we can't control how they want to use it."
"A few more state-owned banks should be said hello, given them some quotas, and asked them to transfer the quotas to Thunder, Keda, HSBC, Standard Chartered, Prudential, Qingyu and Hanlon."
"The State Administration of Foreign Exchange also has to say hello, the money is released, and the institutions want to use it to manage it with market-oriented standards."
"So, the middle price ......"
ā6.81ļ¼ā
Loud words rang out in the conference room.