Due to the impact of news such as avian flu, Hong Kong stocks fell sharply on January 7, falling below 10,000 points in one fell swoop, a decrease of 5.89%.

It must be noted that since the collapse in October 97, international speculators have never left the Hong Kong stock market, although they are making waves in South Korea, Indonesia and other places, but that is only a short-term shift in the focus of operations, not to let Hong Kong go.

In fact, after the Hong Kong stock market fell to a record-breaking 8775 points, the funds of international speculators, together with other pallets of funds, used multiple accounts to frantically buy Hang Seng weighted stocks, after all, the price at this time was too cheap, and after two speculations, they found that it was difficult to leverage the large-cap index without a certain amount of weighted shares on hand. So in this case, together with the funds that rescued the market, they created a situation in which the Hang Seng Index rebounded wildly in the short term.

It's just that this rebound is short-lived and difficult to capture, after all, the funds of international speculators are not simply for longing Hong Kong stocks, and the overall environment in the entire Asian region is not good. Hong Kong stocks fell again after briefly rushing to 11,842 points, and then they have been hovering around 10,500 points.

Today's decline has once again awakened investors' fear of the collapse of Hong Kong stocks, in fact, due to the large-scale selling of international speculators during the session, it has indeed created a part of the following phenomenon. However, due to the unusually rapid response of the Hong Kong government, some investors have also held on to the currency and have not fully joined the selling wave, otherwise it is definitely not as simple as just falling by more than 500 points.

However, the decline of nearly 600 points is enough to make investors panic and sit still. In particular, Hong Kong stocks have fallen back below 10,000 points, which has cast a haze on the hearts of almost all long investors. In this case, there are naturally rumors, what the Hong Kong government intends to raise interest rates, how many people have died from bird flu, and Peregrine will really go bankrupt and other news have come out one after another in the intraday, although it was quickly confirmed to be rumors, but these rumors have more or less contributed to the decline of the broader market.

At Tianyu Fund, since all the short positions were established yesterday, Zhong Shi only left two traders to manipulate the positions from time to time, and the others, together with Ma Jiarui, worked the phone and asked everywhere if anyone needed rupiah.

In total, the total amount of IDR held by Tianyu Fund is as high as 7 trillion yuan. As the rupiah has continued to fall during this period. There are basically no buyers in the market, but fortunately they have the rupiah on hand for a long time and do not really hold it, otherwise it would definitely be the same as Soros now. It's so bad that I can't bear to look at it directly.

Despite this time, traders have worked extremely hard to sell in various markets. However, liquidity is too limited. So even now, they have only thrown out about 1 trillion rupiah, which translates into a market price of only 130 million US dollars. That's just too little. But the market is like this, and they can't do anything about it.

"Zhong Sheng, do you think that at such a time, will international speculators attack Hong Kong again?"

Since there wasn't much going on lately, Zhong Shi didn't sit in his large office, but came to the trading floor to work with the employees who stayed behind. Although it is said to be doing things, it is basically no different from chatting, everyone sits around and talks, and occasionally makes a phone call or something.

After hearing Ma Jiarui's words, the originally lazy crowd immediately came to their senses and pricked up their ears to wait for Zhong Shi's answer. There is no doubt that this is a very sensitive topic, sensitive to the point that everyone is interested.

In fact, there is no need to answer, Zhong Shi bought a total of more than 8,000 hands of Hong Kong stock futures index spot month short positions, in order to hedge the purchase of more than 500 hands of February long positions, and at the same time buy more than 500 hands of long February options, the direction of the focus is clear at a glance, self-evident.

On this day, Zhong Shi's harvest in the Hong Kong stock futures index reached more than 200 million Hong Kong dollars, which almost stunned everyone. Although they had long been aware of Zhong Shi's ability to absorb gold, every time Zhong Shi performed, they still felt like they were blown away.

"If it were you, you would definitely choose to attack Hong Kong again at this time!" Seeing so many pairs of eyes staring at him without blinking, Zhong Shi felt a little embarrassed, and after touching the tip of his nose, he sighed imperceptibly and said softly.

"So, will the Hong Kong stock index continue to fall?" As soon as his words fell, an anxious trader jumped out and asked.

The person who spoke was called Lu Dawei, and his colleagues called him David on weekdays. He is a handsome young man, and he has not been in Tianyu Fund for a long time, so he still has a great need for money.

Hearing his urgent question, people who were familiar with him laughed in a low voice, it turned out that this guy had several girlfriends outside, and his private life was a mess, plus he was lavish on weekdays, and he could once be described as spending a lot of money, so although he made a lot of money, he didn't have a lot of money. In this case, he naturally will not let go of every opportunity to make money.

Zhong Shi and Ma Jiarui and other high-level officials naturally didn't know what these people were like in private, looking at the malicious smiles of this group of people, the two of them looked at each other invariably. Ma Jiarui was about to say something, but was stopped by Zhong Shi, "Yes, according to my judgment, the Hong Kong stock market will continue to fall." If any of you are willing to short the Hong Kong stock futures index, now is the time. ”

For their behavior of making extra money, Zhong Shi naturally would not object. In fact, the main reason for this operation is that this is his private behavior, and it has nothing to do with the Tianyu Fund, otherwise it is an outright rat warehouse behavior.

As soon as they heard Zhong Shi's words, everyone's faces showed expressions of surprise, for Zhong Shi's statement, they naturally understood what it meant, to a certain extent, this is a naked act of sending money. Immediately, everyone shouted loudly to vent the joy in their hearts.

It's just that their joy didn't last long, and a sudden news immediately put them into a nervous state, "The rupiah is abnormal." There is a seller in the market who has quoted a price of 7500! ”

Since the crisis in South Korea was suspended last year, speculators have begun to move to Indonesia and frantically speculate on the rupiah. In fact, this is not to blame international speculators, the Indonesian government played a crucial role in this crisis, first broke the misappropriation of IMF rescue funds, then secretly sent currency to Suharto's cronies, and then there were rumors that someone was smuggling gold out of the country and about to break out of turmoil. Official statements will not help at all.

In just a few days. The rupiah has fallen to the level of 7,000 rupiah per dollar, and even so, the market continues to be bearish on the future of the rupiah. Unceremoniously, if not for a free-floating exchange rate regime. A few more central banks of Indonesia. In addition, several times the foreign exchange reserves may have been washed away.

On this day, the Indonesian rupiah quote is still hovering around 7000. Due to the extreme inactivity of the market and the small volume of transactions, the quotations are basically at a point where no one cares. But now the price has dropped so much all at once. There must have been something unusual in the market.

And when there is an unusual phenomenon in the market, it means that the opportunity has come. In such a sudden situation, it is natural that two schools of thought will emerge with different views. Although the views are different, both sides will undoubtedly believe that their judgment is correct, and under this insistence, the two sides will wrestle in the market, and with it, the volume will be amplified and the opportunities will increase.

By the time everyone gathered in front of the trader, the sell order in the amount of IDR 1 billion had already been quickly eaten by the buyers, and it was clear that this kind of sell, which was far above the market price, was the most popular among buyers, and they could not miss this opportunity.

"This ...... What's going on? Everyone looked at each other, seeing that the quotation returned to around 6990, and for a while no one understood what was going on, so they stared at each other with wide eyes.

It took a full minute before someone spoke, "Is it possible that a trader made a mistake in quoting such a number, or it doesn't make sense at all?" Why don't you ask the traders you know each other and see what happened just now? ”

Since I can't figure it out, I can only inquire about the relevant news. So the traders returned to their seats and began to make frequent phone calls. It didn't take long for these people to get together again to discuss the news they had inquired about, but to their surprise, after a round of inquiry, there was no valuable news at all, and the other traders did not know what was going on.

"No, something must have happened." Just as they were talking about it, Zhong Shi also came over, and after listening with a frown for a long time, he suddenly said, "If the trader reports the wrong price on the first day, it makes sense." But you see, there are a lot of selling orders in the market all of a sudden, and the prices are getting lower and lower, which shows that the quotation just now is definitely not accidental. ”

When the traders looked at the computer screen again, they were surprised to find that they didn't know when the road began, and there was a queue in the buy column, all of which were quite a lot, and what was even more surprising was that the prices were lower than the other, and almost in the blink of an eye, the latest price of the rupiah broke through the 7,000 mark.

"Sell! Sell now! Just when everyone was dumbfounded, Zhong Shi was the first to react and yelled, "Before the market has reacted, sell it quickly, maybe there will be a buyer to take over." If you miss this opportunity, I'm afraid it will be too late. ”

Soon, everyone else reacted, quickly sat back in their positions, clicked on the keyboard through the computer order, and picked up the microphone through the phone transaction.

"What happened?" While everyone was busy, Ma Jiarui walked up to Zhong Shi silently and stared at the screen for a long time, but he couldn't see any mystery at all, and he couldn't bear the curiosity in his heart, so he asked.

Zhong Shi didn't make a sound, just shook his head slightly, his face was solemn, and his eyes kept staring at the exchange rate of the Indonesian rupiah on the plate.

In this way, when the Indonesian foreign exchange market finally closed, the traders breathed a sigh of relief, and after exchanging the gains and losses of the trader together, they were surprised to find that on this day, they sold a full 30 billion rupiah, which is more than several times the usual number.

In the end, the rupiah stayed at 7,600 against the US dollar, a decline of 10.14% throughout the day. Although this figure has long been expected by the market, it still caused a lot of shock.

Soon, news of the unusual volatility came, and Moody's, a credit rating agency in the United States, decided to downgrade the Indonesian government's credit rating to "junk", which means that there is a huge risk for both the Indonesian government's bonds and currency. And the institutions that sold first in the intraday naturally got the relevant news in advance.

The collapse of the rupiah has caused a ripple effect, and the first to bear the brunt is the beleaguered Peregrine, who has a large investment in Indonesia, which is likely to be never recovered due to the depreciation of the rupiah and the downgrade of Indonesia.

Peregrine looks like it's really at risk of going out of business! (To be continued......)

PS: Thank you book friend Wuyue for your support for the monthly pass! It's not good at the moment...... It's so sluggish...... It's really miserable...... I hope you will support a lot, please~