Chapter 235 "Hong Kong Government" bails out the city
"Boss, what about the good news you said?"
When the closing bell rang shortly after, and most of the people were still immersed in the joy of the Hong Kong stock market soaring, there were already traders who had recovered their composure and asked Zhong Shi loudly.
As this question sounded, the trading hall, which was still full of people, immediately fell silent, and everyone's eyes were on Zhong Shi, waiting for his answer with complicated expressions.
Although on this day, under the promotion of their efforts, Hong Kong stocks rebounded against the market rarely, but after calming down a little, they immediately realized that this way of simply relying on funds to promote the index up is not reliable, or in other words, it cannot really and permanently change the market.
If we don't have good news, the upward momentum caused by today's rally in the stock market will be like a passing cloud, and it will soon disappear without a trace.
So after reacting, everyone turned their attention to Zhong Shi, naturally hoping that he would be able to fulfill his previous promise. I saw Zhong Shi smiling, his slender fingers swaying slightly towards everyone, signaling everyone not to worry, and then took out his mobile phone from his arms, and after fiddling with it, he pointed to the opposite wall.
Following his fingers, everyone realized that Andrew, who was in a suit and leather shoes on the TV on the wall, was still talking about today's market information in the guest seat. It's just that he has a solemn expression on the screen, a solemn tone, and a witty and sky-high comment on weekdays is completely like two people.
Although I think Andrew's table today is strange, what does his table have to do with today's good news? Just when everyone was confused. I saw Andrew suddenly lower his head, looked at his waist, and when he raised his head again, Andrew's face had changed to a smile.
"Mr. Andrew, what do you think of the market today?" The beautiful female anchor immediately noticed this detail, and after waving her hand to interrupt the chatter of another guest, she turned to Andrew with a smug face, "As far as I know, there is not too strong positive news in the Hang Seng market today." Moreover, last night's markets in the United States and Europe fell in different ways because of the remarks of financial tycoon Soros, which can be said to be extremely unfavorable news. But today, the Hong Kong stock market rose sharply. It's incredible. According to your professional judgment. What do you think is the cause? β
"That's a question...... Andrew pretended to think about it, and after a moment of silence, he suddenly raised his head and smiled. On the reason side. Don't guess! Now it's up to me to unravel the mystery. Just now, my informant told me that the reason why the stock market rose today was because of the Hong Kong government's resolute action. Mobilize funds to save the current depressed Hang Seng Index. β
"What?"
The female anchor, who had been in front of the camera and had a dignified demeanor, immediately couldn't sit still, and asked again and again: "Mr. Andrew, are you telling the truth?" Is it really the Hong Kong government that is bailing out the market? Why? β
Her expression at this moment can be described as a discoloration.
As a professional host and reporter of a financial channel, basic financial knowledge is necessary, but Jian Shuxian's professional level is far more than that. Before joining the TV station, she was a professional analyst in an investment bank, but because she couldn't stand the high-intensity work for many years and wanted to give full play to her beauty and beauty, she gave up her job with an annual salary of up to one million and joined the ranks of female TV anchors instead.
It is precisely because of her experience working on the front line of finance that Jian Shuxian's reaction was so great after hearing Andrew's rescue remarks. In her mind, Hong Kong has always been famous for its "free trade", but now the Hong Kong government intends to abandon this name and go directly to market intervention. This strong contrast has made her ignore the fact that this is a live show, and she almost gaffes in front of the camera to question Andrew coming.
The same reaction as her was another male guest. The camera clearly captured the look of extreme shock on Andrew's face after he said the words of the Hong Kong government to save the city. But he didn't say anything, but his eyes began to drip, and the expression on his face was also uncertain, not knowing what he was thinking.
At the same time, the crowd watching the show also erupted in exclamations with mixed reactions. And after the initial exclamation, people who reacted quickly took out their phones one after another, some sought to confirm the news, and some called the broker directly, asking for a replenishment tomorrow regardless of the cost.
"Isn't he talking nonsense?"
At the Sky-Spatial Fund, the anger was louder than the exclamations, and after the initial shock, some people quickly reacted and yelled at Andrew on TV, even though they knew very well that Andrew didn't hear their angry questioning at all.
Today, the funds that hold up the entire market are all from Tianyu Fund. And the Tianyu Fund, as far as they know, does not have any share from the government at all. So for Andrew's statement, they can't accept it at all.
There are only a very few people who make this kind of voice, and the vast majority of people have extremely puzzled expressions on their faces, and they are discussing in whispers from ear to ear. However, only a handful of people looked at Zhong Shi thoughtfully, and they remembered the surprise visit of the Chief Executive of the HKMA, Ren Yigang, some time ago.
"Everyone, please be quiet!"
Zhong Shi waved his hand to signal everyone to be quiet, and then he glanced meaningfully at Andrew on TV before he continued: "What Andrew said is actually what I meant. What I didn't tell you before was that I had reached a secret agreement with the Hong Kong government. The main content of this agreement is that I will use the funds of the Tianyu Fund to support the market, of course, in the name of the Hong Kong government. The Hong Kong government, on the other hand, has used other measures and means to crack down on international speculators and acquiesced in our massive purchases. β
"But even if we don't trade with them, we can still buy a lot, can't we?" Before Zhong Shi's words fell, someone immediately questioned. Soon others realized as well. They all nodded yes.
Zhong Shi nodded in agreement, but the next moment he asked rhetorically, "Have you ever thought that if we don't cooperate with them, we might spread such news?" β
As he spoke, he pointed to the TV hanging on the wall, where Andrew was still talking.
"I believe everyone should know that as long as the Hong Kong government acquiesces and does not publicly deny it, then how big is the energy of this news!" After seeing the person who had just questioned him close his mouth in amusement. Zhong Shi said while the iron was hot. "As long as we continue to buy in the market, the power of this news will always be there, and at least until the end of August, the whole market will be excited by this news. Of course. It's September. It's a different story! β
"You're right!" It's been a long time. Finally, another person stood up and asked, "It's just Zhong Sheng, if we can absorb more low-priced stocks before then." Combined with today's news, wouldn't we make more? β
Although he didn't say it explicitly, he had already hinted between the lines that Zhong Shi's previous operation was still a bit conservative.
It's just that he may have forgotten that before that, including Zhong Shi's left and right arms Ma Jiarui and Ren Ruowei, they all had extreme pessimism about the market, thinking that it was not a wise choice to confront international speculators. The purchase of only a few billion Hong Kong dollars was completed at the request of Zhong Shi's "stubbornness".
"I don't know the bottom of the decline of Hong Kong stocks, nor do I know the follow-up measures of international speculators until last night!" Zhong Shi said lightly, he didn't mean to turn over the old accounts at all, but soon he revealed a hint that made everyone ashamed, "Besides, in order to keep the income of everyone here in the past few years, I have to be careful, right?" β
"So what's next?" After a long silence, someone finally stood up and asked again.
Looking at these employees whose mental outlook has obviously changed, Zhong Shi nodded with a smile, waved his hand, and said arrogantly: "After today, stimulated by this news, the Hang Seng Index will definitely rebound by a large margin. We don't need to spend as much money as we do today, but the monitoring and support of the market cannot be relaxed for a moment. A daily purchase limit of HK$1 billion, plus a liquidity limit of HK$500 million, is the minimum for us to operate. After all, although the news is released, we can't miss this opportunity to make money, right? β
"Yes!"
He was answered by a roar of excitement. With this news, it is enough to make up for the pressure on the Hang Seng market due to the strong attack of international speculators, and traders have naturally regained their confidence in the market outlook.
β¦β¦
"Director Shum, may I ask if the recent rumors in the market that the Hong Kong government came to the rescue of the Hang Seng Market are true?"
Soon after Andrew broke the news, a large number of reporters gathered in front of the office building of the Hong Kong Government in Central, and as soon as Shun Yinquan's figure appeared, these reporters rushed forward and surrounded him.
"Hong Kong's economic prospects are good, the balance of payments is balanced, and there is no external debt problem!" Cen Yinquan squeezed out hard while answering the reporter's question with a smile, "So the speculation of international speculators against the Hong Kong dollar is unreasonable, but they did exactly it, which just shows that they have ulterior motives." β
"But Director Shum, you haven't answered the question just now, is the rumor about the Hong Kong government's bailout of the city true?" The reporters simply ignored Cen Yinquan's "great shift", and still stubbornly and tenaciously asked.
Cen Yinquan, escorted by bodyguards, had barely squeezed into the front of the car, but after hearing this question again, he turned around, faced the long gun and short cannon, and said solemnly: "Regarding the rumors in the market, neither the Hong Kong government nor I have the task of clarifying or confirming these rumors. But what I must tell all Hong Kong citizens is that no matter what decision the Hong Kong government makes, its ultimate goal is to serve the overall interests of Hong Kong and the interests of the six million citizens. We are confident and determined to beat international speculators. And I pledge that every penny of taxpayers' money will not be wasted. β
At this point, the meaning that Cen Yinquan wants to express has been fully spoken. After saying "sorry" to the reporters, he slipped into the car and drove away under the watchful eyes of the spotlights and cameras.
"Hey, what the hell did he mean?" A reporter who had just entered the industry pulled the sleeves of the people around him when others were not paying attention, and muttered in a low voice, "Brother Li, why do I think he didn't say anything?" In the end, has the Hong Kong government used funds to support the market? β
"Still don't understand?" The elderly reporter named "Brother Li" replied in a disdainful tone as he quickly jotted down in his sketchbook, "Note that his last sentence, 'Don't waste every penny of taxpayers' money,' is what he wants to sue us." If he didn't use the funds to support the city, then why did he add such a sentence? Isn't that obvious? You're still too young and naΓ―ve! (To be continued......)
PS: Thank you book friends for letting me think about voting for a monthly pass! Thank you for the evaluation vote of Mr. Katsugami! Thank you very much to all the book friends, your support has given me great motivation, although I have been busy recently, but I will do my best to persevere~