Chapter 241: The Battle of the "Official" Base (1)
Finally solved the worries of the future, Zhong Shi can finally let go of his fists and feet.
Since the news of the "Hong Kong government" bailing out the market on the 14th market, the media has begun to frantically hype up related news, calling the contest between the "Hong Kong government" and hedge funds "the 'official' base war", and some media calling it the "'official' crocodile war". People from all walks of life are frantically digging into the inside story, newspapers, magazines, radio and other multi-pronged methods, hoping to find exclusive or exciting first-hand information.
It's just that they don't know that the "official" in their eyes is not really official, but a hedge fund that they have never heard of. It's just that even if someone can find out this news, it is of no value, because according to the agreement reached between Zhong Shi and the Hong Kong government's dignitaries, the Tianyu Fund can change its nature at any time and become a fund that helps the Hong Kong government manage its funds.
Among the many reports on the "'official' base war", Zhou Liming, the chief reporter of "Cheng Pao", is the most unique. In addition to some well-known facts, Zhou Liming's report also added a lot of little-known insiders, and these insiders can understand at a glance that only those who are on the front line of the war can know this.
For example, although the media has explained this situation in a variety of ways, and there are various theories, Zhou Liming clearly pointed out in the report the next day that this is an off-market move made by international speculators, and some unsightly means have made it impossible for many parties to place orders for a while, so it has caused the phenomenon of the temporary disappearance of market bulls. At the same time, he also pointed out. It is necessary to mention the use of despicable means by the air defense head in the final decisive battle.
As soon as the news came out, it immediately caused a sensation in the financial circles of Hong Kong, although many people asked him to talk more about the details, but Zhou Liming uncharacteristically kept his mouth shut, never talked about more details, and just repeatedly said that the time had not come.
The next day, August 26, Zhou Liming published another article on the "'official' base war", which caused an even more significant sensation this time. In the article, he pointed out that certain big conglomerates and tycoons have disregarded the interests of the Hong Kong government and local residents. Hooking up with international speculators in private. Selling stocks in the market in an attempt to cause the collapse of the entire market.
Although Zhou Liming did not name anyone in the article, he knocked on the side and said: "...... In the financial statements that are published on a regular basis. If the majority shareholder of some company is found. Or the controlling party has significantly reduced its holdings. Then there is reason to believe that these shareholders may have been involved in shorting Hong Kong. …… Although freedom to buy and sell is one of the rules of the Hong Kong market, they choose to sell at this point in time. The motive is definitely questionable, not to mention that selling low is a loss in itself, but to say that they are reducing their holdings at this time is in itself a lack of confidence in the future of Hong Kong and their company. And most importantly, a large part of the funds raised by the reduction of their holdings are taken over by the HKMA, and in a certain way, their behavior is a naked robbery, and the target of the robbery is the wealth that the six million citizens of Hong Kong have exchanged for their sweat and painstaking efforts......"
At the end of the article, Zhou Liming also called on the majority of investors to vote no confidence in these companies that have reduced their holdings at critical times, or even not to buy their shares. Because they abandoned Hong Kong at a critical time, the executives did not want to improve their performance but reduced their holdings and cashed out, which in itself is an act of betraying the interests of shareholders, so what performance can companies with such executives be expected to make?
As soon as the article came out, it immediately caused an uproar. The media have been hyping up which of the city's richest people are colluding with international speculators, and they even give silhouettes in newspapers for speculation. Only then did ordinary citizens realize that many of the city's tycoons had colluded with international speculators in an attempt to loot Hong Kong through the stock market. They were already dissatisfied with the wealthy class and the hegemony of real estate, and at this time, they were even more angry, so that many citizens called TV stations, newspapers and government agencies to complain, demanding that these wealthy businessmen who sold Hong Kong be severely punished.
It was precisely under this pressure that the Hong Kong Legislative Council was able to quickly pass certain bills that were easy to cause criticism in normal times, and when they were finally implemented, they severely cracked down on the ability of international speculators to lend and lend securities, and finally made the speculators have to abandon their armor and retreat.
This is a later story, so I won't show it for the time being.
After the start of the capital market on the 25th, as the trading days in August were running out, the long and short sides of Hong Kong stocks began to gradually realize that if they could not distinguish the winner from the futures index contract in August, the two sides may be forced to shift the battlefield to the futures index in September. Therefore, in terms of futures indexes, a small number of short positions began to roll their positions, while most of the short positions of stocks remained unchanged.
"What are the number of lots that were not closed last night?"
On the morning of the 26th, as soon as Zhong Shi entered the door, he immediately threw off the newspaper in his hand and gestured to Ma Jiarui, Ma Jiarui silently followed Zhong Shi into the office, and then Zhong Shi asked: "Is there much movement on the bearish side?" Are you planning to shift the battlefield, or will you fight us to the end in August? ”
"Which one do you wish it to?" Ma Jiarui asked without answering, "Zhong Sheng, according to our current amount of funds, whether they turn to the moon or fight back in the last two days of August, we have enough ability to deal with it, so is there any difference between the two?" ”
Zhong Shi was a little stunned for a while, looked at Ma Jiarui with wide eyes, and saw that he looked disapproving, so he lowered his face and asked in a loud voice: "Ma Sheng, do you think that if I reach a new agreement with the Hong Kong government, as long as it is delayed for one more day, our chances of victory will be greater?" Moreover, in the end, there are only three days left for Hong Kong stocks to trade, so with the total amount of funds we have now, we will be able to survive no matter what? Isn't it? ”
"Isn't it?" Ma Jiarui's face froze, and he couldn't figure out what Zhong Shi meant, so he had to say truthfully according to his expectations, "So far, we still have about 90 billion funds, how can we survive these few days." Besides, the Hong Kong government will not die in times of crisis. ”
"Instead of relying on others, you should rely on yourself!" Zhong Shi said sternly. "If I'm not mistaken, international speculators should also be overwhelmed and thinking about a quick fix. You should also know that the unrolled short sell orders in the futures market are at least much larger than the amount in the usual month, and most of them have no intention of rolling their positions, right? ”
"But this does not constitute an excuse for international speculators to resist!" Ma Jiarui still did not give up, and defended stiffly, "There are still two days to go, and how many shorts have not rolled over means how many bulls have not rolled over, but they may turn to September at any time in the next two days." There is nothing wrong with what you said. There were still 462,000 contracts in the market yesterday that were not closed. Far more than the normal lot size of previous months, but none of this is an excuse. ”
"Among them, I have 100,000 hands to make long orders!" Zhong Shi's words made Ma Jiarui's face change greatly, and the next words directly made him speechless for a while, "I don't plan to close these 100,000 hands at all." Held until the final settlement date. Settlement will be made in cash. ”
"So to speak. We don't have 90 billion in funds? What shocked Ma Jiarui was not when Zhongshi completed holding such a large number of positions, but that holding these positions lost 8 billion Hong Kong dollars in liquidity at once. Coupled with additional margin, etc., these 100,000 long futures positions occupy a full 10 billion Hong Kong dollars.
"Not bad!" Zhong Shi nodded, and added, "In addition, there are thousands of short positions in September, which is not a lot of funds, and it is basically negligible. ”
"September, September?" Ma Jiarui muttered a few words, a puzzled look appeared on his face, but this confusion did not last long, and soon his eyes brightened, and after a while, the look on his face became extremely shocked, because he thought of a possibility, "Even if we defeat the international speculators in August, it is inevitable that they will start all over again." Are we really going to give up on supporting the market? Can the Hong Kong government agree? ”
"If you don't agree, you have to agree, we are not doing good deeds, and it is impossible to support them endlessly." Zhong Shi shook his head, stood up and walked outside, "Besides, in addition to these means of support, the Hong Kong government should think of other ways to cut off the hype of international speculators." Let's go, I'll take you somewhere! ”
"Don't you look at the market today?" Ma Jiarui, who inexplicably stood up with Zhong Shi and walked out, was stunned for a moment, and then asked rhetorically, "If the speculators have another sneak attack like the last time, and there will be no one in charge of the Chinese army at that time, and the army will be in chaos, then what should they do?" ”
As the two spoke, they walked through the bustling trading floor. Pointing to the seemingly chaotic but actually orderly traders, Ma Jiarui asked loudly.
"Don't worry, they know what to do, and there is Ren Ruowei in charge!" Zhong Shi waved his hand at Ren Ruowei, who was sitting among the traders in the distance, and continued to walk out without stopping, "Also, if there is a real accident, he can also call me on his mobile phone." Let's go, now, I'll take you to a place where I'm going to have a showdown with them. ”
"Showdown?" Before he could ask questions, Zhong Shi had already walked into the elevator, and Ma Jiarui had to take two quick steps and enter the elevator with a puzzled mind.
Half an hour later, when Ma Jiarui, who arrived at his destination, raised his head and saw the nameplate hanging on the floor, he couldn't help but be stunned on the spot.
"This ...... This...... This is the Quantum Fund's office in Hong Kong? Zhong Sheng, what you are talking about is the showdown, is it peace and ...... It can't be, this can't be, how is this possible? ”
Ma Jiarui said three "impossible" in a row, obviously he didn't dare to think that what Zhong Shi said could be linked to the world-famous quantum fund.
Now in the global market, Soros and his quantum fund can only be described as in full swing, especially recently, with Soros's order, the polar bear government had to abandon the long-standing Russian ruble fixed exchange rate system and take the initiative to depreciate by 15%, which made the prestige of the quantum fund and Soros in the global financial market reach its peak.
In the Hong Kong market, although so far, Soros and the key members of the Quantum Fund have not come forward to speak, but everyone in the market knows that the most ferocious attacks on the Hong Kong dollar and the Hong Kong stock market are the Quantum Fund and the Tiger Fund.
Now, Zhong Shi actually said that he wanted a showdown with Soros? How is this possible? Even if he is not facing Soros himself, Ma Jiarui still finds it incredible.
"Nothing is impossible!" Zhong Shi glanced at Ma Jiarui deeply, and then walked into the office area of the Quantum Fund first.
Ma Jiarui looked at Zhong Shi's figure blankly, and suddenly felt that his boss was too mysterious and unpredictable, and he actually wanted to negotiate with Soros "whimsically"? After being silent for a long time, he still walked into the door of the Quantum Foundation's office in Hong Kong with a wry smile on his face. (To be continued......)
PS: Thank you book friend Pudding * Cat for voting for the monthly pass again! The author has been really busy in recent days, there is no way to do some things happen, I can only face it positively and optimistically and try my best to do my best, if there is something that makes the book friends dissatisfied because of their own mood factors, please forgive me~ Now I have reorganized my thinking, continue to work hard to write a book!