Chapter 572: A Thought
readx;
A restaurant box near the Swire Building erupted in cheers as a group of people raised their glasses in celebration. Pen "Fun" Pavilion www.biquge.info
Lin Hong and Phyllis are among them, and these people are the financial team they have built up during this time.
They are now celebrating the first combat operation the other day.
Obviously, they are the mysterious big sellers of Hong Kong dollars who appeared at the last moment.
In this operation, they did not mobilize much money, and basically just turned around the market, and then all of them withdrew without leaving a single leaf.
The total amount of money involved this time is about 300 million US dollars, and the net profit earned in the end is about 100 million Hong Kong dollars.
This is mainly due to the fact that they are still a little late to enter the market.
If you follow those people and start taking a lot of orders when they are short the Hong Kong dollar, they will make more profits.
However, this is not what Lin Hong wants to do, or rather, he is just testing the water by doing this now, and his main battlefield is not here.
In the following period of time, speculators launched intermittent attacks on the Hong Kong dollar, and seemed to play games with the Xiangg government, and even launched a huge attack every once in a while, and at the same time, there were various rumors circulating in the industry, it is said that these people had prepared tens of billions of dollars of funds, ready to continue to snipe the Hong Kong dollar, so that the spirit of the Xiangg government has been in an extremely nervous state.
……
These days, the Xiangg government has been using the media to disseminate a message and the idea that they will resolutely maintain the stability of the linked exchange rate system.
The Financial Secretary, Mr Donald Tsang, and the Secretary for Financial Services, Mr Hui Sai-yan, met with the media. Reiterating that maintaining the linked exchange rate is the preferred goal of the Hong Kong government, and that soaring interest rates for the sake of this goal are inevitable, he hoped that the people of Hong Kong would be calm, while Chief Secretary Chan Fung-on called on everyone to remain calm.
All of a sudden, almost all the mainstream media began to promote the incident, and the Hong Kong General Chamber of Commerce issued a statement in support of the linked exchange rate system. He also called on people in the financial market to think calmly and re-examine the fundamentals of Hong Kong's economy, so as to stabilize the market.
Do so. On the one hand, it is to stabilize the confidence of the market, and on the other hand, it is to show those investors their attitude and firm beliefs, so that they can retreat from difficulties.
Inside the office. Lin Hung watched the Financial Secretary speak on television again: "I want to reiterate that we will not change our monetary system or our relationship with the US dollar, and only speculators will die by speculating in the Hong Kong dollar......
Seeing this, Lin Hong's brows couldn't help frowning slightly.
Seeing this, Phyllis, who was on the side, smiled and said, "What, don't give up yet?" ”
Lin Hong said helplessly: "Offense is always easier than defense. ”
He knew this for a long time.
If a computer wants to defend itself against someone else's attack, it must take into account all aspects, and as the attacking party, it only needs to find a hole to take down the entire system.
That's exactly what the government is in at the moment, and it's a fairly open market. There are too many places that Soros can take advantage of, and with their strength, they can make a lot of profits by looking for a breakthrough at will, but the difference is just a large amount and a small amount.
According to the information that Lin Hong has. In order to plan this operation, Soros began preparations in 1994 and spent three years of preparation.
After three years of sharpening a sword, this created a period of unprecedented victory in the attack on Southeast Asian countries, which can really be described as devastating and invincible.
In the financial sector. These people have much better experience in this area than these countries, Wall Street has been born for so many years, and they have been studying these things all day long, and many of the materials and techniques that are regarded as classic tutorials in Asian countries are what they have long played leftover.
If he hadn't gotten the other party's battle plan, even with Phyllis's help, Lin Hong wouldn't dare to say that he could pick up the food.
He knows very well that this time, these people are not targeting the foreign exchange market, which should be more clearly seen if you look at it from the outside.
It's a pity that the current authorities of the Xiangg government are confused and completely confused by the other party.
When Lin Hong communicated with Huang Yue before, he reminded him twice that he suspected that the other party's purpose was not the foreign exchange market, but the stock market and futures market.
Of course, he did not directly say that he had understood the other party's battle plan, and in the second time, he clearly pointed out that the current stock market is too weird, and it is obviously very abnormal that it can rise sharply under such circumstances.
Generally speaking, the stock market is the barometer of the economy, and whenever the economy is in trouble, the stock market will react in advance and is very sensitive.
But this time, there was such a big movement, and the stock market did not react at all, but rose sharply, is it really because of everyone's confidence in the return?
Huang Yue also paid some attention to Lin Hong's analysis, but when he went back to discuss with other friends, and everyone conducted a detailed analysis, his opinion returned to the original track, and as the mainstream media believed, they agreed that their target was the foreign exchange market, which was the Hong Kong dollar.
The prosperity of the stock market is caused by the economic development of Xiangg to this point, and of course, there are certain factors of Xiangg's return, which shows that many people are very optimistic about the development of Xiangg.
These words are actually not Huang Yue's words alone, but represent the will of those in the political and business circles behind him.
Lin Hong was a little speechless about this.
He knows very well in his heart that the Hang Seng Index has now reached a high of 16,000 points, and according to Soros's plan, at this time, they have already completed the high position of short selling the Hang Seng Index.
Short selling is also shorting.
The futures market has a characteristic, that is, it can not only buy and sell stocks according to the usual rules, but also "short", that is, buy and sell the decline of the stock market.
In other words, if Soros predicts that the Hang Seng Index has reached its peak and will fall in the next period of time, then he will sign a contract with a securities company, borrow stocks, and then sell them at the current price, and after a period of time, after the price of the stock has fallen, he will buy the corresponding number of shares and return them to the securities company.
To put it simply, borrow stocks, sell them, and wait for them to fall, and then buy and repay them.
And the current boom in the stock market is likely to be related to their behavior, and their sniping and campaigning against the Hong Kong dollar during this period is also likely to serve this purpose.
In fact, Lin Hong is very entangled now, he is wondering, whether to short, if he does this, with the two billion dollars of funds he has on hand, it is very likely that he can at least double as long as he rolls in it, and in fact, the funds he can mobilize are far more than two billion dollars.
To do or not to do is only between his thoughts. (To be continued)