Chapter Eighty-Nine: The Third Shot: Attack on the Hong Kong Dollar

At this point, the whole set of tricks used by international investors to attack the Hang Seng market has been used, first of all, the new Taiwan dollar suddenly announced a free float on Friday without warning, dealing a heavy blow to the Southeast Asian currency market that has just recovered a little vitality; Secondly, taking advantage of the 10th anniversary of "Black Monday" to sell Hong Kong stocks on a large scale, combined with the instability of the currency market, the Hang Seng Index has fallen by more than 2,000 points in a row; Finally, the highlight finally came out, that is, an all-out attack on the Hong Kong dollar market, which directly impacted the Hang Seng Index.

……

The phone numbers of Hong Kong public officials are not difficult to find, especially the higher the location, the more information will be made public. Of course, it is impossible to directly expect these public servants to be able to personally answer these public calls, which are generally received by staff, and if there is very important information, it is generally through transfer, while their private calls are very confidential and ordinary people will not know about it at all. However, Ma Jiarui was not worried about this, he first dialed Zhongshi and gave a number.

"Hey, hello, I'm Zhou Liming, who are you?"

Zhou Liming? Isn't Hong Kong the hottest journalist lately? The exclusive report on the embarrassing scene of the Hong Kong police at gunpoint of the robbers, which made the entire police system in Hong Kong criticized by all walks of life, and finally the police commissioner had to come out and apologize? Ma Jiarui's heart immediately flashed such a piece of information, but he didn't ask anything, but went straight to the point, and said in a deep voice: "Someone told me that you can get the personal phone number of Ren Yigang and Cen Yinquan here, right?" ”

"Of course!"

Zhou Liming smiled, since reporting the street robbery. He immediately became a big celebrity in Hong Kong's press circles, and many high-ranking officials came to make friends, hoping that he would be able to show mercy in the future. And Zhou Liming is also very smart, and quickly used this opportunity to expand his network and get to know many celebrities from all walks of life, which also made his sources more extensive.

Today's Zhou Liming is no longer the little reporter running around, now he is like the chief reporter of Cheng Bao, all he needs to do every day is to sit in the air-conditioned room and make an appointment, make an appointment with the interviewee, and then everyone find a quiet place to have a cup of coffee and chat. Just like that, a scoop was freshly introduced.

Mr Yam is the Chief Executive of the HKMA. And Cen Yinquan is the secretary of the financial secretary, but these powers are nothing in front of the uncrowned king. At a financial gathering, Zhou Liming once had a relationship with them, and the two obviously knew about the most popular journalist in Hong Kong. Both have a heart to make friends. In the end, Zhou Liming had the private numbers of the two.

So when Zhou Liming heard someone ask him about Ren and Cen's phone calls. There was a smug feeling in his heart, but he quickly reacted and asked quickly, "Who are you?" How can there be my phone? What do you want? ”

"How about we make a deal?" The voice on the other end of the phone didn't show any emotional fluctuations. I didn't intend to answer Zhou Liming's question head-on, "It doesn't matter who I am, does it?" The deal is, you give me the phone numbers of two high-ranking officials, and I give you the exclusive news. ”

After a moment's pause, the voice continued: "This news is very explosive, and it is definitely the headline that any journalist wants, if not less than the news of a police officer running in the street. ”

"What?"

Zhou Liming, who was lying on the bed and watching TV boringly, immediately sat up straight, put on his nightgown and ran to the bathroom, and when he got inside, he locked the door before he whispered: "Okay, if the news is reliable, I ...... No, these two are powerful celebrities in the financial world, are they involved in insider trading or financial news, will they be involved? ”

He immediately became extremely excited, and although he didn't know much about finance, it didn't stop him from being sensitive to this kind of news. If it turned out to be his hope, it would be big news.

Who would have thought that the voice on the other end of the phone would chuckle and slightly contempt, "What kind of news is this?" The news I'm going to tell you is definitely ten times more powerful than this, no, a hundred times more. ”

"What?"

Zhou Liming let out an exclamation again, obviously this answer was beyond his imagination, but he quickly reacted, lowered his voice and asked, "What exactly is the content, can you reveal it first?" ”

"You seem to have forgotten our deal?" The deep voice didn't buy it.

"Okay, you wait." Zhou Liming quickly opened the bathroom door, jumped into the bedroom, took out the business card holder, and began to rummage.

……

Ren Yigang was soaking in the bathtub at this time, and next to the bathtub, there was a bottle of Lafite from 1982 and a thick cigar. He is a person who is very good at enjoying life, and decades of hard work in the workplace have made him rise to a position where he cannot be promoted, so he can only be "promoted" in terms of salary, so compared to the average middle-class civil servant, the salary of the chief executive of the HKMA is very high, so high that he is qualified to enjoy these luxuries without being suspected of embezzlement by the outside world.

Because of his long-term contact with the British, Ren Yigang quickly developed the habit of drinking red wine, and this bottle of Bordeaux ChΓ’teau's 1982 Lafite is considered one of the best red wines, because the grapes of that year were the most high, so the price of this vintage was also the most expensive.

Obviously, he doesn't care about the money, and in fact the only people who have a paranoid taste for red wine are France and some of the pretentious Asian regions, including Hong Kong, which may seem like a symbol of taste, but in fact red wine is just an ornament of high society, and has nothing to do with taste.

Shaking the scarlet liquid in the glass, smelling it again, and then turning on the light to look at the color again, these are said to be essential steps in wine tasting, but how can French things be so popular in this world? It's all just a posturing trick.

Apparently, the president didn't care, taking a sharp puff on his cigar, then shook his head and drained the glass of red wine before drowning his head in the tub. It took half a day to lift it up again, and after taking a long breath, he let out a long sigh.

It's his habit, the way he lowers blood pressure over the years. Although he has long occupied the position of Chief Executive of the HKMA, and the top officials of both the British and Hong Kong SAR governments have placed their trust in him, the pressure from all sides is still coming one after another, so the pressure on Ren Yigang is only clear to him.

There is such a crisis in front of him, which can be called the biggest crisis of his career, that is, the security of the Hong Kong dollar. Knowing that this issue is implicating the livelihoods of millions of people in Hong Kong, as well as the location of Hong Kong's financial center, it can be said that if something goes wrong. It will plunge Hong Kong into a situation from which it will never recover.

Of course, Ren Yigang knows that Lu Dao International Travel Capital will not let Hong Kong go. The HKMA has also made adequate preparations, but when and how it will be carried out has become the most important issue for them to consider.

Just as he closed his eyes and pondered, the phone that he kept at hand rang. Being in this position. He could hardly stop for a moment. Therefore, the phone is ready 24 hours a day.

"Hey. I'm Ren Yigang, who are you? "When I picked up the phone, I saw that it was an unfamiliar number. Ren Yigang frowned slightly, and subconsciously wanted to press it off, but his intuition told him that this phone might have important information, so he answered it like a ghost.

A deep voice came from the other end of the phone, saying, "President Ren, don't ask me who I am, it doesn't make sense." What I'm telling you is that hedge funds are going to attack the Hong Kong dollar very soon, not tonight, just tomorrow, and I hope you guys are ready. After saying that, he immediately hung up the phone.

β€œβ€¦β€¦β€

Ren Yigang was stunned for a while, holding the phone and not knowing what to do, but he was not an ordinary person after all, at least after a slight pause, he immediately became alert, "Hula" stood up from the bathtub, wiped his body casually, put on a bathrobe and walked out of the bathroom.

Soon, the phone rang again, and this time he answered it without thinking, and heard a familiar voice inside: "Ren Sheng, I just received a mysterious phone call about international speculators who will launch an attack on the Hong Kong dollar, what do you think about this matter?" ”

The person who spoke was none other than Financial Secretary Shun Yin-kuen, who is in charge of Hong Kong's fiscal policy, and Yam Yigang, who is in charge of monetary policy, which can be regarded as the two pillars of Hong Kong's economy, and the interaction between the two sides has become very frequent since the Southeast Asian currency crisis.

"I think it's true, I also got a call about it just now." Ren Yigang said without hesitation, "And he also revealed a piece of information just now, that is, it was a hedge fund that attacked the Hong Kong dollar, and I believe it should be an insider tipping the letter." ”

"Then we ......"

"It's not clear yet, I'll ask my colleagues to follow up, and I'll contact you as soon as there's any important news. Now, I'm going to go back, and the Financial Secretary needs to be prepared. Ren Yi just moved quickly, put on his clothes and walked outside.

……

In the Hong Kong dollar foreign exchange market, traders at night are nervously staring at the market while maintaining the stability of the Hong Kong dollar value according to instructions. So far, the value of the Hong Kong dollar against the US dollar has regained its psychological level of 7.75, which has made them unanimously relieved.

This price is an important watershed moment and indicates the level of confidence in the Hong Kong dollar. Therefore, analysts in the foreign exchange market have always used this price as a predictor of the trend of the Hong Kong dollar. During this period, due to the impact of the Southeast Asian currency crisis, the Hong Kong dollar has not been able to stand in this position, so there have been rumors of weakening of the Hong Kong dollar, but what is temporarily reassuring is that the current fluctuation range of the Hong Kong dollar throughout the day is very small, at most only 0.01%. Therefore, the HKMA is not very concerned about the value of the Hong Kong dollar.

"It's not good, there are big sell orders in the market!" Just when everyone was breathing a sigh of relief, the value of the Hong Kong dollar suddenly fell, breaking through the 7.75 line.

"Let's take a look first." At this moment, Ren Yigang's figure appeared in the trading hall, and he was stared at the K-line chart with a thoughtful expression.

Soon, the exchange rate of the Hong Kong dollar against the US dollar plummeted, first at 7.7510 and then at 7.7520, which was a staggering decline. At this time, Ren Yigang still didn't understand, this was obviously someone in the market who sold Hong Kong dollars in a big way, and it also confirmed the correctness of the news. So he waved his hand and said in a deep voice: "According to the original plan!" ”

The original plan was to buy Hong Kong dollars and sell US dollars to maintain the exchange rate. Hand-to-hand combat began between the two sides, and with the addition of other participants, the Hong Kong dollar became the most active currency in the London market for a while. It is just puzzling that the offensive of currency speculators seems to be short-lived, and by the end of the London close, the price of the Hong Kong dollar against the dollar was stuck at 7.7410, a decline (increase) of 0.08%.

As for the HKMA, it cost a total of US$35 million to enter the market this time, which is more than enough in front of the sellers, which has to be said to be a strange thing. The depreciation of the Hong Kong dollar for five consecutive trading days has reduced the value of the Hong Kong dollar from the highest position of 7.7335 to the lowest level of 7.7480, especially in the last trading day, which was dragged down by the depreciation of Southeast Asian currencies, depreciating by 0.10%.

"The mountain rain is coming!" Ren Yigang looked at the final price and sighed silently in his heart. (To be continued......)

PS: PS: I found a strange thing, starting from October 20, 97 in history, the Hong Kong dollar actually appreciated after breaking through 7.75, and even rose to the point of 7.72 Hong Kong dollars for 1 US dollar, and the mysterious phone is said to exist, which shows that international speculators are really powerful! The reasons for this will be explained later. Finally, thank you for making me think about it again!