After the market closed on September 5, the Hong Kong government held a press conference to announce the results of the previous sniping of international speculators and some follow-up measures, which can be regarded as an explanation to the people of Hong Kong and those who are concerned about the situation in Hong Kong around the world.

"Based on the current volatility of the Hong Kong stock market and the malicious speculation of international speculators, after joint negotiation between the Futures Exchange and the Hong Kong Stock Exchange, and the approval of the HKMA, starting tomorrow, the margin of each lot of HSI futures will be adjusted from the current HK$80,000 to HK$120,000......"

In addition, after fully soliciting the opinions of all parties, the Futures Exchange decided to regularly announce the position volume and direction of major futures investors from tomorrow. Individuals and institutions with more than 500 futures lots shall be reported to the Futures Exchange by the broker, and the Futures Exchange will issue risk warnings on a regular basis to remind investors to avoid risks......"

"In addition, when necessary, the Hong Kong Stock Exchange has the right to restrict the short selling of stocks or suspend short selling. In the event of an emergency, this measure will help alleviate the market inexplicability and give investors plenty of time to calm down. The conditions and plan for the implementation of this measure will be announced to the world after the first draft is formed, and it will be put into effect after full discussion and demonstration......"

……

During the half-hour press conference, government officials did not give interviews to journalists, but announced a series of policies and measures to limit financial speculation. Although the government has not said anything explicitly, it is clear to almost everyone that these measures are aimed at international speculators.

At the end of the launch. "The Hong Kong government and the capital of the same heart and mind as the Hong Kong government have won a phased victory in the struggle against international speculators, and in the future, we will continue to contribute to the long-term prosperity and stability of Hong Kong and the healthy life of its six million citizens," the spokesman said. This sentence is widely interpreted by the outside world as a unilateral declaration of victory by the Hong Kong government in the battle against international speculators.

Although it was clear to almost everyone after August 28 that international speculators had suffered a major setback in Hong Kong's capital market, it was unclear to most people how things would develop after that and what the future of Hong Kong would be. As for the question of whether international speculators will make a comeback, and whether Hong Kong can resist such speculation for the second time. It still lingers in the hearts of ordinary people.

Now the Hong Kong government has come forward to make a public statement. Gave everyone a reassurance. Despite the scepticism in the ensuing discussions, the Hong Kong government's voice undoubtedly injected a boost to the market in the following three trading days. Hong Kong stocks soared wildly. It rose directly from around 7,400 points to around 8,200 points before slowing down the pace of growth slightly.

And in the later market. Some market watchers were surprised to find that despite the losses in the stock indices in August, certain bears were still lurking in the market. And after the Hong Kong government declared victory, they reluctantly left the market against the backdrop of the soaring Hong Kong stocks. These crocodiles, which quietly traded at a high price in August and then lost more than HK$30,000 per contract and increased the cost by HK$40,000 in September, surfaced on the surface, which really surprised many people.

Strictly speaking, from the perspective of interests, this cannot be regarded as a victory for Hong Kong, because the international speculators have only paid a small price to force the Hong Kong government to indirectly announce a bailout, and from this point of view, they are indeed impressive. Moreover, these so-called costs are only a part of the evaporated market value in Hong Kong's several crises, and on the whole, international speculators are still making money in Hong Kong. And most importantly, some speculators still have cash in their hands, and it is entirely possible for them to stop their losses by holding these high-quality stocks for a long time.

From the Hong Kong government's side, it took a lot of effort to finally retain the linked exchange rate system, which became the biggest political achievement of the Hong Kong government, just like repelling the sniping of international speculators. However, on the other hand, it is also an indisputable fact that Hong Kong's business activities have shrunk, investment has decreased, property prices have plummeted, consumption has weakened, unemployment has risen, and negative economic growth has occurred due to the sniping of international speculators. It is difficult to determine whether it was a victory or a defeat.

In addition to the Hong Kong government's unilateral announcement to repel the other party, the rapid appreciation of the yen also played a crucial role.

On September 6, Yu Hasamizu, who was staring at him with blood-red eyes, came to the office, and what was waiting for him was everyone's expectant gaze. At this time, the BOJ was not obligated to do something, but everyone had a sense that the BOJ had to do something to respond to the market, even though it was geographically 108,000 miles away from the Japanese mainland.

"Let's take a look at the market first!" Looking at a pair of expectant eyes, Yu Hasamizu sighed, and with a wave of his dry hand like a chicken claw, he let these people go out to do things, leaving only Haruhiko Kuroda.

"Actually, there is such a situation now......"

Only when the two of them were there, Yu Hayami let go of his heart and poured out the problems that had been bothering him in one go. Although the Ministry of Finance has repeatedly urged the BOJ to enter the BOJ, Hayamizu and several other executives of the Bank of Japan have discussed it several times, but they still cannot find a good opportunity to enter the market.

Right now, maybe it's an opportunity.

The reason why I talked about this to Kuroda Haruhiko is because in the heart of Hayami Yu, I feel that Kuroda Haruhiko is a rare talent, except for the fact that he is a little frizzy, needs to be tempered, and his connections in the political and financial circles are a little worse, there is basically nothing to blame. And most importantly, as a representative of the new generation, Kuroda Haruhiko has the vigor and momentum that these old people do not have, and his dependence on the United States is not so strict.

Threesome, there must be my teacher, Hayami Yu deeply thinks.

"This ......"

After Kuroda heard this, he muttered for a long time, not knowing what to say. Although he had heard about it, it was time to make a decision. He found that there are many constraints, after all, every policy of the central bank may have a heavy impact on the market, threatening the jobs and jobs of tens of thousands of people.

"Let's see how the market reacts first!" At last he shook his head like a rattle, as a reaction to not being able to give any opinion.

"That's all there is to it!" After thinking about it, Yu Hasami could only nod in response.

……

At the height of the economic crisis, the yen hit a new high of 147.63 yen per dollar, almost breaking through the 150 mark, although then the yen began to recover slowly, but so far. Still hovering at the level of 135 yen to huàn 1 dollar.

But today. The mood for yen trading has changed significantly, and after the announcement of the victory of the Hong Kong side, this sentiment has interfered with investors who invest in the yen. This is because Hong Kong is currently under a "fixed" exchange rate system, and it is still able to retreat under the siege of international speculators. This victory has greatly boosted the confidence of the market. It has shattered the myth of "invincible and invincible" established by international investors since the beginning of the Asian currency crisis.

After the opening of 134.20. The yen began a slow but firm upward movement. Although the stability of Hong Kong's currency is only a little bit of news, the bullish sentiment in the market has trumped the bearish sentiment, and the Japanese yen has risen against the US dollar. From 134.20 yen to huàn1 US dollars, it has successively risen to 134, 133, 132, 131 and other levels, and finally stayed at the level of 130.87 yen to huàn1 US dollars. The premium for the whole day was 3.38 points, an increase of 2.52%.

That's an embarrassing number!

Not long ago, the yen hit a multi-year high of 129.02 yen against the huàn dollar, although it broke through the 130 mark, but it was quickly suppressed by the bears, because the speculation of the moment could not determine the market's expectations, and the market generally believed that around 130 is the bottom line of the yen at present.

And now, even with Hong Kong announcing that it is repelling international speculators, the yen has not broken through the 130 mark.

"What can I do?"

Seeing this market, Hasamizu was so anxious that he stomped his feet and walked around his strangely decorated office, muttering "130, 130......"

Beside him, Kuroda stood straight like a javelin, equally frowning. And Hasamiyu's behavior of pacing back and forth made him extremely upset, but he didn't dare to say anything, so he could only try to expel this discomfort from his mind.

"What can I do?" After a long time, Yu Hayami finally stopped his useless pacing, as if talking to himself, and as if he was asking Kuroda Haruhiko.

"What?" Kuroda Haruhiko was stunned for a moment, then spread his hands and made a helpless expression, "Hasami-san, I don't know what to do." ”

Looking at Kuroda Haruhiko's appearance, Hasamizu Yu sighed helplessly, wanting to get angry but didn't know where to start, he could only bow his head silently, and after thinking about it again, he suddenly caught a trace of inspiration, suddenly raised his head, and said with a strange face: "What if...... If ......"

"What if? Hasamizu-san! Looking at his extremely distorted expression, Kuroda's heart suddenly pinched, and he quickly followed and asked. Although he couldn't think of any good plans at this time, when he saw the expression of Hayamiyu, the other party must have thought of something, so he couldn't control his feelings all of a sudden.

To his surprise, Hasamiyu didn't continue, but looked at him deeply, and then said slowly: "Last time, did you get what you were asked to shoot?" ”

"That's it!" Kuroda replied immediately, but soon he realized something, and his complexion changed and hurriedly asked, "Boss, you don't plan to hype yourself up, do you?" ”

"Not bad!" Yu Hasamizu clenched his fists, slammed into the air, and said viciously, "This is indeed a good opportunity, if we miss it, I'm afraid we won't find a better opportunity in the future." So I'm not going to miss it, even if it's at the cost of my reputation! ”

"But...... But......" Kuroda asked in a sweaty voice, "but didn't you say that those photos had another purpose?" ”

"But the timing is wrong!" Yu Hasamizu, who had made up his mind, had completely calmed down at this time, and after smiling suspiciously, he explained, "Although it is said that his arrival is private, the official must know about it." But the gossip magazines that broke the news in Hong Kong can still disgust this person, and at the same time provide materials for his political enemies. But I really can't take care of it so much at the moment, so it's important to use it on us first. Kuroda-san, hurry up and prepare! ”

Seeing that it was useless to say more, Kuroda had no choice but to leave after the "Hai" sound, to contact the photojournalist, and at the same time call influential media in Japan to arrange the front page of tomorrow's newspaper.

The fact that the yen did not fall below 130 not only embarrassed BOJ officials, but also made the hedge funds in New York let their guard down, and as a result, it brought them a huge disaster. (To be continued......)

PS: Thank you book friend Xiaoqi for the miracle of civilization, and the gambler didn't me vote for the monthly ticket! PS: I'm going to be in a hurry tomorrow, so I guess I can't write it...... I'm sorry everyone......