It is very strange that although Zhongshi has advanced the depreciation of currencies such as the Thai baht by half a month, in the Hong Kong market, this effect has not been shown, although it is different from the memory in the previous life, but the Hang Seng Index still stubbornly follows the inherent trajectory.

Soon, Zhong Shi will know the reason. Regardless of whether he pries the wings of the financial storm or not, the attack on Hong Kong took place during that time, because it was a well-arranged game, and the choice of timing was very important.

On Wednesday, October 8, Zhong Shi and others' planes landed at Kai Tak Airport. Except for some people who stayed in South Korea for necessary reasons, most of the others followed Zhong Shi back to Hong Kong, and the work of shorting the won could also be carried out by telephone, Internet, etc., and staying in South Korea at this time may still be dangerous.

Kai Tak Airport is a well-known airport located on the southern shore of the Kowloon Peninsula, across Victoria Harbour from Hong Kong Island. The outer part of the airport is the downtown area, and there are several mountains about 500 meters high on the opposite island of Hong Kong, and the only one that can enter the port is the Liyumun Gorge Corner, which is located to the west of the airport and the southeast of the runway. What's worse is that Kai Tak Airport only has one runway that extends into Victoria Harbour, which is still reclaimed from the sea, because the cost of land here is really expensive.

With such a harsh environment, landing at the airport is the biggest test for pilots. Generally speaking, the plane has to circle around Hong Kong Island about 130 degrees, turn into the Lei Yue Mun Gorge Cape, and then land quickly on a runway that is less than 3,000 meters long. There is also a way to land, and the angle of hovering is about 310 degrees. No matter which way you land. The dangers are very high. It is precisely because of this challenge that Kai Tak Airport is known as one of the "Top 10 Dangerous Airports in the World".

The last Governor of the 90s, Chris Patten, made a decision to build a new airport on Chek Lap Island on Lantau Island, but the new airport had not yet been completed, so planes to and from Hong Kong still had to take off and take off at Kai Tak Airport.

When the plane shook and then made the sound of "squeaking" tires rubbing against the ground, most of the passengers in the cabin invariably sighed, and at this time they all had a feeling of escape from life in their hearts, probably because the extremely dangerous landing method of Kai Tak Airport gave them a serious psychological burden.

Bell Stone is no exception, although airplanes are the safest way to get around. But in the event of an accident. It was a tragic situation from which almost no one in the whole cabin could escape. It's a pity that the current network situation is not as developed as in later generations, so even if Zhong Shi wants to dodge again, he has to go out in person in some cases.

Looking at Zhong Shi's pale face, Zhong Yi, who was sitting next to him, smiled and said, "Are you so afraid of flying?" Why didn't I find out before? ”

Since it has landed at this time. There is no chance of accidents. Zhongshi is no longer taboo. said: "Don't be tempted by airline advertisements, if you really encounter an accident on the plane, it's okay to fall on the ground at that time." Maybe you can leave a whole corpse, but if you fall into the sea, you really have no place to bury. ”

Zhongyi's face changed, and he closed his mouth in a sneer, no longer laughing. Obviously, Zhong Shi's words touched the dark side of his heart, and he had to face the problem squarely.

Seeing Zhong Yi's face change, Zhong Shi laughed a little gloatingly, and said, "You now understand why I have taken out a huge amount of personal insurance for each employee!" It seems that in the future, you and I will not take the same plane, if something really happens, then our Zhong family will be the last one. ”

At this time, the flight attendant lady who passed by them glanced at Zhong Shi with surprised eyes, obviously very dissatisfied with his outrageous words. However, she also knew that the first-class guests were not easy to mess with, so although she was slightly dissatisfied, she still didn't say anything.

Walking out of the waiting hall, I saw Ma Jiarui waiting at the exit from a distance, he originally had a slightly anxious look on his face, and when he saw the figure of Zhong Shi and others appearing, this look immediately changed to a surprised expression.

Yes, Zhong Shi has become an almost god-like role among the employees of Tianyu Fund, and this invisible influence has been invisibly magnified countless times because of his role in the Southeast Asian currency crisis. Ma Jiarui and others naively believed that as long as Zhong Shi could make a move, no matter how big the difficulty was, it would be able to be solved. But these are all wishful thinking on their part, and in fact Bell Stone is a person, not a god.

"What's going on?" Zhong Shi took off his coat, put it on his arm, and when he passed by Ma Jiarui's side, he didn't stop a step, and asked as he walked.

Ma Jiarui immediately followed Zhong Shi's footsteps, took Zhong Shi's suitcase casually, and said quickly: "During this period of time, the financial status of listed companies in the third quarter is about to be announced, and major international investment banks have invariably begun to sing about the performance of Hong Kong stocks. The main reason is that due to the impact of the Southeast Asian financial crisis, the profits of these companies have shrunk significantly, so the stock prices of many companies have been inflated and do not reflect the true operating conditions. In other words, there is a bubble in Hong Kong stocks. ”

"What is the current situation with the index?"

"At the close of trading yesterday, the price hovered around 14,850 points, and there was no too much decline, the medium and long-term moving averages put pressure on the market outlook, and the short-term moving averages formed support for the index, which shows that the later view of the market is not optimistic."

"The technical indicators are all nonsense, and they are not credible at all. What about volume? Zhong Shi stopped, looked directly at Ma Jiarui with his eyes, and shook his head slightly, "Although we haven't been involved in the stock market too much, the technical analysis is pure nonsense, because as long as we want to, we can create an ideal K-line chart at any time." You should understand this. The capital market, the capital market, is still determined by the amount of capital. ”

Ma Jiarui's face was slightly uneasy, and he paused for a moment before saying, "What you said is very reasonable. In terms of trading volume, there was not much change, with a trading volume of about 150 million shares, which was the same as in the previous few trading days. There is a trend of outflows, but this outflow is not large. ”

"What about stock index futures?" After listening to Ma Jiarui's words, Zhong Shi nodded slightly, and then asked about the situation in other markets.

"Except for the plunge some time ago, the total number of stock index futures remained at about 1 million lots, and the fluctuation range was not very large. However, the growth rate of stock index futures in October accelerated significantly, and the total number of lots accounted for 60% of the entire market. It is for this reason that I judge that it may be that international tour capital will take action in the Hong Kong market. Fine beads of sweat were already oozing from Ma Jiarui's forehead, and this way of asking questions and answers made him feel a lot of pressure.

"It's possible!" Zhong Shi nodded, "After the delivery of the contract in September, it is now transferred to October, and the number may be a little more." However, the two sides should have already opened a position after the rollover, and this sudden increase in the number should be to open a short position in advance and take advantage of the opportunity to prepare to sell a large amount. ”

"In addition, in terms of interest rate futures, what about the forward foreign exchange market?"

Considering that there may be a synergistic effect, Zhongshi needs to ask about the movements of each market. Previously, he had already analysed the possible means by which international capital could attack Hong Kong, including the linkage between the stock market, futures and exchange rate markets. Therefore, the unusual volatility of a market does not speak volumes.

"In the Hong Kong dollar futures markets in Singapore, London and New York, there is not much volatility, and the exchange rate of the Hong Kong dollar remains above the psychological mark of 7.75, and there is no sign of a large-scale offensive. In the bond market, long-term nominal interest rates have not fluctuated, and real interest rates as a whole have remained negative. ”

The nominal interest rate and the real interest rate are two different things, the nominal interest rate is a figure given by the regulatory authorities, and this figure can only get the real interest rate after deducting factors such as inflation. At present, Hong Kong's nominal reserve rate is around 4.08%, while the bond rate in the market has reached the level of 5.03% in a week. So nominal interest rates are actually negative interest rates, and in this case, deposits are naturally the most stupid thing to do.

I have to say that Ma Jiarui is indeed a very remarkable talent, blurted out all kinds of data and changes, almost no time to think, obviously knows all about these situations, even Ren Ruowei, who has always regarded him as his biggest competitor, couldn't help but look at him a few more times.

"What are the investment banks that are selling short now?" Zhong Shi had already walked in front of the car at this time, but before he got into the car door, he seemed to suddenly remember something, and couldn't help but ask.

Ma Jiarui snapped his fingers and counted carefully: "Merrill Lynch, Stanley, Goodman, Lehman, Macquarie......" He counted the names of more than a dozen investment banks in a row, and suddenly found something after that, and hurriedly said: "It seems that among them, American-funded investment banks account for the vast majority." Moreover, their analysis report is extremely sensational, using words such as serious, dangerous, and bubble throughout, which is far more appalling than the reports of other investment banks. ”

"I know!" Zhong Shi's face was as usual, and he didn't see the slightest fluctuation of emotion, and before he got into the carriage, he said to Ma Jiarui: "If I'm not mistaken, they should start building momentum for future attacks." But before that, I have to make sure of one thing, you ask Maxim to borrow shares from brokers, see if the maximum amount has changed, and if so, what the specific amount is, let him handle it as soon as possible. ”

According to Zhong Shi's previous analysis, it is possible that international investors will first sell stocks in the spot market, and then take advantage of the decline of the index to create a linkage between the exchange rate and the stock index futures market, and then the interest rate futures market.

Naturally, since the stock may fall, it is impossible for international investors to hold these stocks, and the best way to short is to borrow stocks through the broker of the market maker, and then throw them in the market, resulting in the phenomenon of oversupply, so that the stock price immediately falls, and the short seller takes the opportunity to make a profit. (To be continued......)

PS: Thank you to the book friend for guarding Manman, Lao Wei was shot, and Lei LSQ voted for the monthly ticket! It's not easy to write two chapters a day, I hope you can understand the author's hard work, continue to support more, thank you~