Monday, August 31.

As expected by Stanley's Hong Kong subsidiary, after losing the injection of funds from the market, Hong Kong stocks plummeted and fell rapidly, falling close to 200 points at the opening, and then the Hang Seng Index fell head-on, and individual stocks were simply red across the board, and finally fell 554.70 points throughout the day, a decline of 7.08%.

Then on September 1, the Hang Seng Index was still plummeting, opening near 7000 points, down about 200 points from the previous trading day, although there was a lot of gains in the intraday, but in the end it was beaten back, and finally the Hang Seng Index closed at 7062 points, down 212 points from the previous trading day, a decline of 2.92%.

"Just let them run......"

Looking at the K-line chart on the screen, and the trading volume of the futures index that is obviously different from the past, a discerning person can see what is going on at once, and Ma Jiarui is naturally no exception. He looked at the number of idling and double flat transactions with some regret, which seemed to him to be real money.

Due to the disagreement in August, some of the main bears moved their positions to September, avoiding the danger of being forced into positions. However, with the rout of the main force of the bears in August, they also had no intention of continuing to fight, taking advantage of the fact that the Tianyu Fund no longer supported the market, they quickly gathered a batch of funds, took advantage of the general trend to quickly suppress Hong Kong stocks, and then quickly shipped above 7,000 points, and escaped from the market as soon as possible.

And some other funds in the market also saw through the other party's intentions and tried to snipe at the other party in the market on September 1, although it also crossed to 7,300 points in the middle of the market. But he was still defeated by the well-organized bears, and in the end he could only watch the other party calmly leave.

In this regard, Ma Jiarui was very unwilling.

"Forget it, since we've already kept the big head, why care about these small fish and shrimp?" Zhong Shi smiled slightly, and he didn't see the slightest concern between talking and laughing, "Have you noticed how many stocks have not been delivered normally?" What exactly does this part say? ”

As soon as he got down to business, Ma Jiarui's face immediately became solemn, and after considering his words, he said slowly: "Roughly estimate." There should be a quota of more than HK$5 billion. Logically speaking, this part should be paid by a broker with settlement qualifications, but if this is the case, I am afraid that there will be a broker bankruptcy. Although in the end there is a procedure to go. But this part of the funds has been returned to our account. ”

"There are so many!" Zhong Shi gasped. Although things have passed. But he still couldn't help but be afraid. The other party actually came up with a way to kill a thousand enemies and lose eight hundred in this way, and his mind was not not vicious.

"yes!" Ma Jiarui also nodded sympathetically, when the stock accounts that finally entered the household were so different from expectations. He was also shocked into a cold sweat.

"Is that you? What the? Right now? ”

The phone rang, Zhong Shi raised the microphone, and his face soon showed a look of surprise, just after a few words, he put down the microphone, silent, and didn't know what he was thinking, but it made Ma Jiarui on the side think about it for a long time.

"Just now the Hong Kong government called me and asked me to discuss ways to curb the international speculators from attacking again, and Cen Yinquan personally called."

Lighting a cigarette, Zhong Shi's face gradually blurred in the green smoke. Ma Jiarui tried hard to look through the smoke to find the change in Zhong Shi's expression, but after careful observation for a long time, he still gave up in vain.

"Didn't you already make a deal with them?" After Ma Jiarui thought about it, he asked a little strangely. Since he knew a lot of secrets from Zhong Shi, in many cases, he knew even more things than the official ones.

Zhong Shi extinguished the cigarette butt, exhaled a long breath, and said, "They don't know yet, so it's better not to tell them about these things." There are some things that they know that can be bad. ”

Something? What's the matter? Before Ma Jiarui could figure it out, Zhong Shi laughed and left.

……

"I invite you here today to brainstorm how to completely eliminate the attacks of international speculators on Hong Kong's economy, which is naturally the best once and for all, but it must also be within the rules of the market."

As soon as the time came, Cen Yinquan, who was sitting in the middle, coughed lightly, and after his eyes inspected the audience, he asked everyone present with a full heart.

The huge oval conference table was filled with people related to the market, representatives of the Hong Kong Stock Exchange, the Futures Exchange, the Securities and Futures Commission, the Financial Services Department, the Hong Kong Monetary Authority and other institutions, as well as economic advisers, and so on, with the only possible exception being Zhong Shi, who participated in his private capacity.

Although he participated in an unofficial capacity, no one dared to underestimate Zhong Shi, in fact, since he entered the room, he has been the focus of everyone's attention, but as soon as Zhong Shi sat at the very end, he began to close his eyes and recuperate, which surprised many people.

Cen Yinquan's question pulled everyone's thinking back, and soon a representative of the Futures Exchange stood up and said: "I propose to increase the margin amount of HSI futures from the current 80,000 Hong Kong dollars per lot to 120,000 Hong Kong dollars per lot, so that the cost of speculators to short the stock market will increase by at least 50%, which is enough to curb their malicious shorting at a certain time." ”

Originally, the margin of one lot of stock index futures was 80,000 Hong Kong dollars, and it was not settled according to the daily profit and loss, so in the absence of large losses, the 80,000 Hong Kong dollars futures index orders could be held until the delivery date. Now, by dramatically increasing the cost of holding, it can definitely serve the purpose of curbing malicious attacks.

But as a result, the cost of holding positions for other investors in the market will increase accordingly. The purpose of the stock index futures market is to give the stock market a space for hedging and expectations, so the trading volume of the futures index is bound to fall, and the expectations for the future of the market are correspondingly less than before.

However, compared to the henchmen of international speculators, these are all diseases of ringworm and scabies, so this proposal was only discussed slightly, and a group of people and others agreed.

"I'm going to announce the positions of major futures investors!" Soon. Another mention of futures trading was also thrown out.

Regarding the amount of positions, this is a sensitive topic, because it will involve some of the brokerage's trade secrets, and there will even be people who predict the other party's movements according to the daily position changes, and then carry out the position operation and other such interest disputes, so people who know this well are not in a hurry to express their opinions, and the scene is cold for a while.

"I agree with this mention yì!"

To the surprise of many people, Zhong Shi actually stood up and agreed. Seeing that everyone's eyes were focused on him, Zhong Shi subconsciously tidied up his clothes. That's when he said, "For a long time. We all have the illusion that it is international speculators from the United States or Europe who are causing today's situation, but we ignore it, even within Hong Kong. There are also many people who are pessimistic about this offensive and defensive war. What's more, they go short in person. This inadvertently created a lot of trouble for me and my fund, so I agreed to disclose the open positions of large futures investors, even if they held more than 500 lots. It will be reported to the Futures Exchange. ”

"In addition, I also set up a plan to announce the amount of securities borrowed and borrowed, and if it is a shareholder who lends more than a certain amount, he may also disclose his identity to the world. This opinion will be implemented together with the previous one, so that the six million people of Hong Kong can clearly see which people are betraying Hong Kong and which are safeguarding Hong Kong's interests! ”

As soon as these words came out, it was immediately like a huge boulder thrown into a calm lake, and it suddenly set off a stormy wave.

If the former article is discussed through guò and there is still the possibility of implementation, then the one that Zhong Shi said later, no matter what, there is no possibility of implementation. Although everyone here is very clear that in this trend, there must be super-rich people who lend their stocks to international speculators, and they also hate this kind of behavior, if this kind of behavior is really made public, the consequences are definitely not something they can bear, and even the chief executive may not be able to suppress it.

Although Hong Kong has 6 million citizens, it is still the people at the top of society who control Hong Kong's destiny and decide Hong Kong's future.

Everyone whispered, and for a moment the whole venue fell into a state of loss of control.

Zhongshi can be said to be a blockbuster if it is not a hit.

After discussing for five minutes, Cen Yinquan coughed heavily and pulled everyone back from the chaos, and after seeing that the venue was quiet again, he looked at Zhong Shi with great meaning and said: "The first opinion is not bad and can be discussed, but the second one is too wide-ranging, and it may take more time to discuss." ”

He did not refute Zhong Shi's words in person, but instead used a "drag" trick, but gave Zhong Shi face.

It's a pity that Zhong Shi didn't understand this "painstaking effort", and after glancing at Cen Yinquan with a smile, Zhong Shi said in a slightly sarcastic tone: "If the latter article can't be implemented, then once international speculators attack, can I also lend stocks?" As you should be aware, I have a lot of stocks on hand right now, and the day before yesterday, Stanley. Druckenmiller even visited me personally to discuss the possibility of cooperation between the two sides! ”

It is already a well-known fact that Bell Stone entered the rescue market, but not many people knew about Druckenmiller's private visit. For a while, all the surprised eyes moved from Zhong Shi's body to Cen Yinquan, because they all knew very well that this little Mr. Zhong had a good relationship with Cen Yinquan.

The expression on Cen Yinquan's face remained unchanged, but he was shocked in his heart, and it was only at this time that he really regretted it. Naturally, he didn't believe that Zhong Shi would cooperate with international speculators, but when Zhong Shi said this, the smell of threat was too strong, so his mind turned a thousand times, he still had to put on a smile, pretending to be indifferent and said: "Mr. Zhong is really good at joking, we all know that you are the most patriotic person who loves Hong Kong the most, how can you cooperate with international speculators." Now, let's get back to business and discuss the practical feasibility of these two options! ”

"Yes, my joke isn't funny at all!" Sensing the helplessness in Cen Yinquan's eyes, Zhong Shi blinked quickly, arched his hand towards the four directions, and said, "I'm really sorry, I'm young and vigorous, so the proposed plan may not be perfect, I hope you can put forward more valuable opinions, after all, I don't want the fruits of my hard-won victory to be handed over to people like this." ”

"Here, I promise that if international speculators attack again, Tianyu Fund will do its best to stand with the Hong Kong government and will never lend them a penny of shares. The day before yesterday, I said the same thing to Druckenmiller of the Quantum Fund. ”

Seeing that Zhong Shi swore so confidently in front of everyone that there would be no room for turnaround, Cen Yinquan immediately smiled and said: "In fact, although we may not be able to publish the information of the securities lending party, when necessary, we can restrict the securities lending business and prevent them from shorting, what do you think?" ”

Although this article is also an earth-shattering mention, after all, it saves face for those wealthy businessmen who are short in Hong Kong, and with the previous article as a foreshadowing, it is not so difficult to accept, so everyone began to discuss the relevant details in a joyful and peaceful mood. (To be continued......)

PS: Thank you book friends for what kind of wolf and panthernd voted for the monthly ticket!