The others obviously didn't know what was going on, and most of them had shocked expressions on their faces. Only Liao Xiaohua and Zhong Yi had no expression change on their faces, obviously knowing the Tao for a long time.

Zhong Shi stood up, first bowed slightly towards Zhuge Pavilion, and then said loudly: "Everyone, based on our previous experience, we think ......"

Before he could say a few words, he was immediately interrupted by Song Ling, only to see him ask extremely seriously: "Mr. Zhong, what kind of experience are you talking about?" Can you tell you more about that? You must know that what Lu Dao is discussing now is the fact that hedge funds may attack Hong Kong, if it is the experience of other aspects, I am afraid it is not suitable to cite it in this place! ”

Zhong Shi frowned, squinted his eyes and glanced at Song Ling, who had a righteous and awe-inspiring face, and then looked at Zhuge Pavilion, and saw that he nodded slightly, and then said loudly: "The experience I said naturally affects the experience of how to impact a country's monetary system, that is, the experience of hedge funds that you said caused a currency crisis. ”

Now, Zhong Shi also knew that what he had done could not be concealed from the state apparatus's intentional inquiry, so he had to say a thing or two here, but he didn't plan to tell it all, after all, some of these things involved greater secrets.

At this time, looking at Zhuge Pavilion's expressionless face, Zhong Shi even thought maliciously in his heart whether this so-called seminar was just a pretense, and in essence, it was specially held to invite him alone.

But since they are all here, Zhong Shi doesn't care what the starting point is, at this time he just wants to fulfill the conscience and obligations of a citizen. Let the Hong Kong financial crisis that may break out in the future not happen.

Obviously, Zhong Shi's words shocked everyone present. They know very well that a hedge fund that can attack a country's monetary system is definitely not an ordinary hedge fund, and this kind of hedge fund is either extremely powerful in the market, or the amount of funds is particularly large, in short, it is definitely not an unknown person.

But few people here don't seem to have heard of the name Zhong Shi, nor have they heard of the name of the relevant fund, which makes them shocked and confused, but the words of the dignified vice premier should not be wrong, for a while, everyone's faces changed rapidly, and the eyes looking at Zhong Shi also became complicated.

Especially Song Ling. A pair of triangular eyes kept sweeping towards Zhong Shi and the unchanging Zhong Yi on the other side. It's as if trying to find a connection between the two.

Zhong Shi didn't have the time to take into account what these people were thinking, and after a moment's pause, after everyone gradually accepted this shocking fact, he continued: "According to our research. Several Southeast Asian countries are currently declaring free floating. Its internal economy has problems of greater or less. The reasons for this problem vary, but they all have one thing in common: the currencies of these countries are overvalued. And this overestimation has seriously affected the export industries that support its economic development. ”

"Thailand, for example, saw a marked slowdown in exports in the first half of the year, while investment continued to grow sharply. In this case, capital inflows are bound to flow to sectors with high returns, such as the stock market and real estate. In fact, Thailand's stock market is down more than 50% from its peak, and the property sector, according to our survey, found that there is a widespread underrun and inability to sell, suggesting that even in sectors with high nominal returns, there is a serious bubble. ”

"To this end, we borrowed a loan with a locked-in interest rate from the Thai side as early as January and waited for the opportunity for the Thai baht to depreciate. Sure enough, in May and June, international hedge funds launched an attack on the Thai baht in the foreign exchange market, although the Thai side fought back, but due to the unfavorable economic fundamentals and the misunderstanding of the government decision-makers, the Thai baht was finally forced to announce the abandonment of the fixed exchange rate system. ”

"After Thailand's devaluation was announced, this currency crisis naturally shifted to other Southeast Asian countries, as they share a very similar economic model to Thailand. The depreciation of the Thai baht has undoubtedly increased the pressure on their exports, and in this case, successive currency depreciations are inevitable. ”

"But Hong Kong is different. First of all, Hong Kong's fundamentals have not changed much, which means that Hong Kong's economy is functioning well, which does not have the conditions to attack. Secondly, the fixed exchange rate system of the Hong Kong dollar is supported by a huge US dollar, which makes the Hong Kong dollar full of gold, which supports the confidence of Hong Kong dollar investors to a certain extent, and there is no need to worry about the risk of depreciation of the Hong Kong dollar. Third, Hong Kong is backed by the mainland's huge market, and the factors supporting consumption and stimulating the economy are very strong, so as long as there are no major problems in the mainland's economy, Hong Kong's economy will not have too many problems. ”

"Having said all this, it doesn't mean that hedge funds won't attack the Hong Kong dollar. According to our predictions and drills, hedge funds do have the means and means to profit by attacking the Hong Kong dollar, or to shake up Hong Kong's economy. As for how, that's what I'm going to talk about. ”

Immediately, Zhong Shi told the original story of the previous analysis in the Tianyu Fund.

Astound!

Full of shock!

When Zhong Shi spoke freely for a long time, even Zhuge Pavilion, who had always been moody, showed a surprised expression on his face, not to mention the other conference participants.

After a full five minutes, Zhuge Pavilion, who had chewed "interest rate futures" and "stock index futures" several times, raised his head, looked at Zhong Shi's eyes full of appreciation, and said: "Since you can think of it like this, then you should also think of a way to solve it, right?" ”

However, to his disappointment, Zhong Shi shook his head slightly, and replied without a trace of emotion: "This is the strategy we designed to attack Hong Kong, how can we assume the enemy for ourselves?" Then he paused, as if remembering something, and said: "However, this method is not necessarily feasible, and the positions between several markets must be accurately calculated, otherwise the HKMA's counterattack will easily lead to the evil result of stealing chickens and rice." ”

"The HKMA's tricks?" Zhuge Pavilion nodded, diverted the topic, and said: "Countries such as Thailand, Singapore, and even the United Kingdom, Sweden, etc., have invariably raised interest rates or overnight lending rates when they encounter currency attacks, and forced hedge funds to leave the market at a loss with high costs, this should be what you call a counterattack trick, right?" ”

Zhong Shi naturally knew what tricks the Monetary Authority would use to counter hedge funds that were short Hong Kong dollars in the exchange rate market, but he was a little surprised when he said this from Zhuge Pavilion's mouth, but he immediately thought that Zhuge Pavilion was also the governor of the central bank, so he immediately woke up.

Nodding approvingly, Zhong Shi continued: "In fact, this trick is relatively easy to crack, on the one hand, the HKMA raises the call rate to crack down on currency speculators, and on the other hand, as long as the funds raise the Hong Kong stock index, it is easy to debunk the connection between the two markets in a two-pronged way." ”

"However......" Zhong Shi hesitated for a long time before he said slowly, "The amount of money that can lift the stock index is very large, even to an unimaginable extent, and the other party must be prepared to fail." ”

Zhuge Pavilion nodded, and then said to the others: "Everyone, I don't know if there is anything that needs to be added to the Dao?" ”

Just kidding, with a hedge fund with real combat experience in front of you, where else do you have something to say. However, as soon as Song Ling's eyes rolled, a vicious thought came out, and he stood up and said, "Mr. Zhong, according to what you said, the Hang Seng Market seems to be promising, but I don't know if your foundation will be involved?" ”

As soon as these words came out, the faces of the people present all changed greatly, and even Zhuge Pavilion stared at Zhong Shi with great interest to see how he answered.

Zhong Shi turned his head and said sternly: "First of all, it is a normal business behavior for capital to pursue profits, and it is normal for me to do this, at least without reproach in law, you must understand this. Secondly, I don't plan to do it, and Hong Kong is my foundation anyway. Moreover, China has just taken back Hong Kong, and if I were to short the stock market at such a sensitive time, it would not only be an act that does not pay attention to politics and disregard the overall situation, but also is likely to affect the livelihoods of tens of thousands of people, which is definitely not what I want to see. Remember, I'm not Soros! ”

His words are righteous and majestic, and he also stands on the commanding heights of morality, even if someone wants to refute it, they can't say that it is not at all.

Song Ling's face suddenly turned red, as if he had been slapped in public, he only felt a burst of heat on his face, and stole his eyes to look at Zhuge Pavilion, and found that the chief's face was appreciative, and his heart was cold, and he didn't dare to continue to provoke, so he had to sit down stupidly.

"I'm really admiring you more and more!" Zhuge Pavilion slapped his face slightly, thought about it again, and then said, "I intend to let you manage a part of the funds, of course, this part of the funds is to deal with the decline of the Hong Kong stock market, and the other aspects are handled in accordance with the rules of the market, I don't know what you think?" ”

This is obviously to give money to Zhong Shihua, except for Liao Xiaohua and Zhong Yu, all of the people present are extremely envious, you must know that if the amount of funds is large, even if it is a fixed management fee for a year, it will be an astronomical amount. Song Ling, who was the most jealous, almost burst into fire in his eyes when he looked at Zhong Shi.

Today's shock is enough, but Zhong Shi is destined to give them a surprise, I saw Zhong Shi shook his head without hesitation, and directly refused: "Chief, I can't accept this money, and I don't dare to accept it." ”

Zhuge Pavilion nodded, obviously Zhong Shi's reaction was not unexpected, but he was also a little unwilling, and deliberately asked: "Since you have theoretical support, practical experience, and are also willing to contribute to the country and region, then why refuse my kindness?" (To be continued......)

PS: Thank you for the tip of the Demon Dragon Battle Ghost! At the same time, I hope to get more support from book friends.