Chapter 561: A Great Victory

"Really?" Old Man Huo's eyes widened in an instant, and he couldn't believe it.

In his opinion, it would be good to take out 40 billion yuan to participate in Hong Kong's financial defense battle this time, and not lose too much, but Leng Binghan actually said that after three months, he could turn the 40 billion into 60 billion? With a growth rate of 50%, is there such a good thing in the world?

Leng Binghan smiled, picked up the teacup, and took another sip, but he didn't say anything.

"Of course not." Zhu Jianjun took over and said: "Three months later, 60 billion, not a single point is indispensable to Huo Lao!" ”

Although Leng Binghan did not communicate with him beforehand, Zhu Jianjun's identity was still very upright, and everything was only Leng Binghan's head. As long as Leng Bing opened the golden mouth, let alone 20 billion Hong Kong dollars, even if it was 20 billion US dollars, he would not blink his eyes. At that time, even if he really loses, Feiyuan will naturally make up for Old Man Huo, and will not let Leng Binghan be accused of being untrustworthy.

At this level, Zhu Jianjun really didn't take the money in his eyes. Compared with a cold face, what is 20 billion?

Fan Xiangchen was also dumbfounded when he heard this, and hissed a few breaths. Even if these words came from the mouth of the famous Zhu Jianjun, he felt that all this was too incredible, and looked at Zhu Jianjun suspiciously.

However, he could not deny that as soon as Zhu Jianjun said this, everyone was in good spirits, and the dejected atmosphere in the house was suddenly swept away.

Old Man Huo was even more completely relieved, so happy that he couldn't even close his mouth. I have worked hard all my life, even if I used to smuggle by sea without fear and straight head, it is impossible to have such a high profit return. If it weren't for the cold and cold auspicious words, where would I find this kind of good thing that is difficult to find with a lantern?

Hearing Zhu Jianjun say this, the other old men couldn't sit still.

Just now, when Leng Binghan "said nothing" to return 60 billion after flying away for three months, they thought they were joking. You know, that's 20 billion, not 2 million. Don't look at them, they are all the most famous rich tycoons in Hong Kong, but everything they have now is made by real swords and guns. But even so, the 20 billion is by no means a small amount for them, and they may not be able to earn a few 20 billion in their lifetime, which is still pure income.

"President Zhu, what about us? You can't choose one over the other, right? Cao Lao asked eagerly, looking impatient for a while.

Although the other old men were reserved and didn't say anything, they all looked at Zhu Jianjun, as if they were looking forward to his reply.

In business, businessmen naturally make heavy profits, and no one will refuse to have the opportunity to make money, let alone such a large amount.

Facing the burning eyes of these old men, Zhu Jianjun was stunned for a moment, not knowing how to answer, but picked up the teacup on the table, took a sip gently, and glanced at the cold cold on the side slightly, only to see that Leng Binghan's cold face had no expression, but nodded at him without a trace, he was down-to-earth, and said with a smile: "Everyone is so face-saving and willing to contribute to fight against international speculative funds, then we naturally can't let everyone down." Within three months, we guarantee that the funds invested by everyone will increase by 50%, and if not, we will make up for all of them. ”

Zhu Jianjun's tone was very relaxed, but there was a trace of certainty and undoubted seismic deterrence in the relaxation.

Hearing Zhu Jianjun's assurance, everyone was naturally overjoyed. However, Old Man Cao was happy, but he regretted it and beat his chest: "Oh, I just invested billions in a project some time ago, and I was paralyzed, and I really lost a lot." ”

As soon as these words came out, it naturally caused everyone to burst into laughter.

In fact, he is not the only one who has this thought. If you just have more atmosphere and more money, wouldn't the benefits be more?

Liu Ningqiang and Ge Hongrui showed shocked looks in their eyes. We all know that Feiyuan is rich and rich in the world, but it has never been so profound and unforgettable. If you don't have a lot of money, how can you have the confidence to say such a thing?

Fan Xiangchen asked in a deep voice: "Leng Binghan, I don't know how you are going to deal with the current situation?" Although Zhu Jianjun said it with determination, the stakes are very high, and he can't help but be less careful.

'I think at the moment we should be careful about defending and not rushing to fight back. When international speculative funds have mobilized a larger amount of funds for an all-out attack, believing that they have won the game and that there is not much money left in their hands, we will strike hard again, crushing them in one fell swoop and dealing a heavy blow to their fundamental strength. Tapping his fingers on the table, his cold face seemed very calm, so that people could not see the slightest fluctuation. For this kind of concentration that is not shocked, Old Man Huo admires it very much, and only those who have experienced the wind and waves will have this kind of calm momentum.

"But we can't keep our current funds." Ge Hongrui said worriedly.

Leng Binghan's words are indeed good, but the premise is that they must be able to hold on to the impact of trillions of dollars of international speculative funds, or everything will be in vain.

"Yes, so the 100 billion US dollars we mentioned just now, and the 170 billion Hong Kong dollars raised by the Hong Kong consortium, are all deployed by you. At the same time, the central government's foreign exchange reserves will also be allocated $30 billion. I believe that with this batch of funds, coupled with our policy adjustments, there should be no problem in holding the line of defense for two months. Leng Binghan still said lightly, that kind of demeanor is really admirable.

"Really, haha, that's great." Fan Xiangchen was relieved when he heard this, and said with a smile: "If this is the case, I dare to pat my chest and promise that if I can't keep Hong Kong's financial market within two months, I will jump from the top floor of the HKMA myself." ”

Liu Ningqiang and Ge Hongrui glanced at each other, and they saw shock and disbelief in each other's eyes. Has the central government allocated another $30 billion in foreign exchange reserves? Why didn't you hear the news yourself?

After that, things turned out almost exactly as Leng Binghan had predicted.

First of all, Hong Kong's seven major conglomerates jointly held a press conference, claiming that they would defend Hong Kong's financial order, and warned international speculators that Hong Kong is not their ATM. At the same time, the Hong Kong government officially intervened in the stock market, using the Exchange Fund and the Land Fund to enter the stock market and the Hang Seng Index futures market at the same time, resulting in a rebound of more than 560 points on the same day, an increase of as much as 8%.

The Hong Kong government's previous policy of "active non-intervention" has dealt an unexpected blow to speculators, and the world has been in an uproar and has had mixed reputations. The Hong Kong government is mainly supported by local small and medium-sized investors and business people, who believe that the Hong Kong government should have intervened a long time ago. The opposition is also quite broad, including many multinational financial institutions. For example, the US-funded Morgan Stanley issued a report criticizing the Hong Kong government's action as a "desperate gamble" that may not succeed, but may instead give Hong Kong people's hard-earned money to speculators, and in the long run, it will even endanger the linked exchange rate. Among the opponents were one or two newspapers that advertised their belief in free-market principles, as well as a number of professors and academics. Their argument is nothing more than that the Hong Kong government's entry into the market has set a bad example of market intervention, which will cause endless troubles, and will damage Hong Kong's status as an international financial center and scare away investors. The Wall Street Journal also accused the Hong Kong government of interfering in the free market principle under the headline "Hong Kong has made a big mistake."

In this regard, the chief executive of the Hong Kong Special Administrative Region also made a statement to reporters: The government will, as always, adhere to the policy of not interfering in the activities of the stock market and the futures market, but when necessary, that is, when there is a clear connection between stock speculation and futures, the government has the responsibility to take decisive measures to reduce market chaos. It is the unshirkable responsibility of the Hong Kong Government to maintain the financial market and order in Hong Kong.

Such a clear-cut attitude shows that the confidence and determination of the Hong Kong government to rescue the market this time are beyond doubt, and hundreds of billions of Hong Kong dollars have been used to continuously fight speculators in both the spot and futures markets. Different from the previous method of only pushing up the overnight interbank interest rate to increase the cost of selling goods by international speculators, this time the Hong Kong government intervened in the stock market, futures market, and foreign exchange market at the same time, trying to form a three-dimensional defense network, so that international speculators could not display the means of "striking the east and attacking the west" or "knocking on the mountain and shaking the tiger" that they are good at.

Specifically, in view of the current situation that most speculators hold sell futures indexes below 8,000 points, the Hong Kong government hopes to push the Hang Seng stock index to a level close to 8,000 points, and at the same time raise the settlement price of the August futures index, and let the September futures index fall, opening the gap between the two. Even if some speculators want to transfer their warehouse receipts from August to September, they will have to pay a few hundred points of entry fee for this, which will greatly increase the cost. At the same time, in order to stimulate economic growth and alleviate the economic decline, the Hong Kong government has increased investment in public works and actively built and expanded subways, highways and other infrastructure. Stimulate investment and enhance the attractiveness of the financial center. And refund taxes, freeze fees, and alleviate people's hardship. Strengthen supervision and control to prevent excessive speculation and speculation.

With these effective measures, the confidence of Hong Kong people has been greatly boosted, and many wealthy Hong Kong businessmen have also claimed that they will never sell their stocks even if the stock price continues to fall. The stock index also rose sharply, and the form was very good, but the funds invested by international speculators showed losses.

In view of the Hong Kong government's strong intervention in the market, international speculators are naturally unwilling, and under the leadership of the "quantum fund", they have raised a large amount of money and attacked again, not only buying a large number of forward tickets for the Hong Kong dollar, preparing to repeat the glorious scene of encircling and annihilating the Thai baht, but also competing with the Hong Kong government for the big blue chips of Hong Kong stocks. It mainly includes HSBC, Hong Kong Telecom, Cheung Kong and other stocks. These stocks have a large share capital and high market capitalization, which plays a significant role in the rise and fall of the Hang Seng Index. Taking HSBC as an example, the stock accounts for 30% of the Hang Seng Stock Index, so it has become a long-short stock.

At the same time, in order to suppress the Hong Kong stock market, international speculative funds forced Russia to announce that it would abandon the defense of the ruble, causing the US and European stock markets to plummet. At the same time, speculative capital has been pouring out in the stock spot market, focusing on the sale of large blue-chip stocks and the liquidation of a large number of foreign-funded long-term funds, in an attempt to knock down the Hong Kong index. This is a ploy to cause a bigger drop in the stock market, forcing the government to bail out the market, and the speculators are selling stocks and Hong Kong dollars, with the aim of competing for money from the massive selling of futures contracts in the Hang Seng Index futures market for US dollars. At the same time, international speculators are even more arrogant in declaring that the Hong Kong government will be defeated. This kind of provocation against the government is truly unprecedented.

Hong Kong's stock market faces a severe test.

The war was unusually fierce from the very beginning. A number of blue-chip stocks such as Changjiang Industrial and China Telecom were frantically sold by speculators, and a large number of European funds entered the market.

Under the overall command of Fan Xiangchen, the Hong Kong government has also injected a large amount of funds. In the first two days of the defensive battle, the HKMA took on about HK$30 billion to HK$40 billion, far exceeding the projected fiscal deficit of HK$21.4 billion for that financial year.

However, with the influx of more and more international speculative funds, the funds for defense have gradually run out, and the Hong Kong dollar and stock indices are once again in a hurry, and the situation is extremely dangerous.

In the early hours of the morning, a thunderstorm warning was issued by the Hong Kong Observatory. This seems to be a sign that an even more violent storm is coming.

And at this moment of extreme danger, Leng Binghan finally issued the order for an all-out attack. A well-planned counterattack was in full swing.

The next day, Feiyuan, who had been silent, suddenly announced in a high-profile manner that it would go all out to enter the market and fight back against international speculators. The long-awaited showdown at the top has finally arrived. Millions of Hong Kong people locked in the channel, their eyes glued to the fast-beating Hang Seng Index, and all of them were sweating.

What shocked everyone was that the originally menacing and invincible quantum fund not only did not face the battle, but instead fought back after forcibly closing the position, which stunned other international speculators at once.

When other speculators reacted, a large influx of buying funds caused the exchange rate of the Hong Kong dollar against the US dollar to continue to rise, and the Hang Seng Index soared, and international speculative funds suffered heavy losses due to heavy losses.

At this point, international speculators saw that the general trend had gone, and they threw away their armor and fled. Huge sums of money looted from other places continued to flow into the pockets of Feiyuan and the Hong Kong government, and they had to evacuate Hong Kong in embarrassment.

Feiyuan won a big victory again, and it became famous in a fight, letting everyone know that no matter when, Feiyuan will always be a well-deserved No.1 in the financial field.