Chapter 634: The Jedi Strikes Back

In addition to the Hong Kong dollar exchange rate, the financial team of Busy Jiang has been closely following the changes in the stock market every day, and the big dive in the Hong Kong stock market for four consecutive days has made the investment unbearable, and they have sold stocks in order to lose less. After urgent consultations with Jenny and others, Zuo Jiang decided to use the stock market reserves in his hand to save the market.

Although Zuo Jiang can wait a little longer to save the market, the more the Hang Seng Index falls, the greater the income if it can successfully hold up, but the stock market crash has formed a panic, at this time we must decisively enter the market to stabilize the mood of investors, increase their confidence, more than 10% of the income is not low, on the other hand, the Hong Kong Hang Seng Index plate is very large, persuading US dollars seems to be a lot, but investing in it is undoubtedly a drop in the bucket. The main thing is to build the confidence of investors, so that we can successfully save the Hong Kong stock market.

Jenny's financial elite team held a meeting overnight to determine the plan to enter the stock market, they selected the stocks of companies with good operating conditions, and smashed into the stock as soon as the stock opened, and the stock price of the blade family rose steadily, driving the rise of the market and enhancing the confidence of investors. Buying stocks has continued to drive the broader market up.

Zuojiang's financial investment team made persistent efforts and smashed into it, with $400 million in funds, the continued rise of the market stabilized investors' confidence, and they followed up one after another to promote the market to continue to rise. By the end of the evening, Hong Kong's Hang Seng Index was on four consecutive days. After a sharp decline in the trading day, the Hang Seng Index rebounded strongly, with the Hang Seng Index rising 7 points, or 6 convolutions.

A strong rebound in Hong Kong's Hang Seng Index. On the surface, it was because of the strong intervention of the SAR government, and because the confidence of the SAR government and financial managers infected investors, but in fact, all this was secretly promoted by Zuo Jiang, but what worried Zuo Jiang was that he threw in the funds to persuade US dollars one day. If the stock market is hit again tomorrow, the $400 million will not play any role at all, and the invested funds will also face the possibility of huge losses. What to do?

Zuo Jiang must withdraw the funds from the Hong Kong foreign exchange market for emergencies, and now he has invested more than 100 million US dollars in order to block Soros's attack on the Hong Kong dollar, and the premise of the Hong Kong stock market not collapsing is to ensure the stability of the exchange rate; according to the experience of the last blockade, the foreign exchange market must ensure that the funds of the US dollar can be guaranteed to ensure that the exchange rate does not fall, and the only funds that he can draw from the foreign exchange market are 100 million US dollars, even if he has 100 million US dollars of funds in his hands. It is also impossible to continue to hold the stock market.

In the evening, Zuo Jiang met with the senior management of Hong Kong's Financial Secretary and the Hong Kong Monetary Authority, and he immediately thought of Hong Kong's foreign exchange reserves. If the Hong Kong government's foreign exchange reserves of more than 100 million US dollars are transferred to the foreign exchange market as reserves, then we can allocate 100 million US dollars to deal with the stock market, so as to ensure that the stock market will not fall too badly.

After consultations with the Financial Secretary and the senior management of the Hong Kong Monetary Authority, the Hong Kong government agreed to Zuo Jiang's plan. This is because, first, it has the backing of the central government, and second, the good performance of Zuo Jiang's company and the Hong Kong government since the joint counterattack of the international investment group led by Soros has strengthened the confidence of the Hong Kong government.

Later, Hong Kong's Financial Secretary Donald Tsang reiterated in the media that Hong Kong's current linked exchange rate system will not change, and only speculators will suffer from this event.

The storm in Hong Kong's stock market has quickly affected the world, and the stock markets around the world have formed a vicious circle of general sharp declines. On the day of the knife, the Dow Jones index in New York fell sharply to near the Witch Worker Noodles Point, which was the worst day on record, which led to an automatic suspension of trading for an hour. The Tokyo stock market jumped a lot of points after the open.

The Flying Sun Hong Kong Hang Seng Index once again plunged into more points. Fall Radiant Danai 7. At the lowest point of the day, Zuo Jiang decisively smashed in and made more than 100 million US dollars, but this was a global stock market crash, and investor confidence was seriously insufficient. Zuo Jiang tightened his pockets and waited and watched, Zuo Jiang had already shaken the entire stock market, and by the time it closed, it only pushed the Hang Seng Index up to the brick planing point, closing with a concave 8 points, and the number of falling points hit a record high.

In the face of this situation, Zuo Jiang does not want to see the last thing he wants and does not want to see, and now he still has a shortage of funds in his hands, and if the stock index continues to fall at the opening of the market tomorrow, it will undoubtedly force him into a desperate situation, and the old more than 400 million US dollars invested will shrink significantly, and in the face of heavy losses, Zuo Jiang fell into deep contemplation.

The battle of the Hong Kong dollar exchange rate has entered the white heat, and it is impossible to withdraw funds from there, although there are still huge assets on the company's books, but they are all invested in industry, and they cannot withdraw funds at all. With such a huge amount of money in his own service, Soros's side has undoubtedly reached the point of the end of the strong bow. As long as they can hold on to peace, the international investment group will have to collapse. But there must be strong funds to ensure it, and where does it come from? Zuo Jiang first thought of the motherland and the central government!

Zuo Jiang immediately called Tao Yong to explain the situation and seek help from the central government. Tao Yong said: "We are also closely monitoring the changes in Hong Kong's financial market, and we are keeping information flowing with the Hong Kong government, and the central government has been informed of the difficulties you have encountered and will start to urgently formulate a rescue plan, so you don't have to worry." Although this program cannot be officially documented. But I can tell you a little bit about that.

Tao Yong informed Zuo Jiang of the contents of the rescue plan, saying: "This plan has been formulated a long time ago, that is, it is ready to be implemented in an emergency situation, and now is the time to start this plan." In addition, the Prime Minister is also very concerned about you, always paying attention to your every move, now he has not rested, he is in the office with full authority to launch this plan, now I turn the phone, he wants to say a few words to you! ”

Zuo Jiang listened to Tao Yong's words and was very excited, what is the motherland? The motherland is your warm home, and with the motherland as a strong backing for you, you still have any difficulties that you can't overcome! When the majestic and magnetic voice was paid on the phone, Zuo Jiang said excitedly: "Hello Prime Minister, I am Zuo Jiang!" ”

The prime minister laughed heartily and said, "Jiang, we all know your situation, I said that you are not fighting alone. Because there is the central government behind you and hundreds of millions of people across the country supporting you! In the battle to defend Hong Kong, you were the first hero, and the motherland and the people will not forget you! ”

The Jedi Strike Back has begun. Hong Kong Special Administrative Region Chief Executive Tung Chee-hwa stressed in a televised speech: The shock in Hong Kong's stock market is only a temporary adjustment, and Hong Kong's economy is operating well.

The Chief Secretary for Administration of the Hong Kong Special Administrative Region, Anson Chan, advised the public to remain calm, not to react with allergies, and to be cautious and act within their means when entering the market.

In response to a member's question, the Secretary for Financial Affairs of the Provisional Legislative Council of the Hong Kong Special Administrative Region (HKSAR) said: The society is very concerned about the stability of the joint exchange rate system, and with regard to the operation of the market, it has always been the policy of the SAR Government that "liberal" political intervention should be minimized.

Followed by. At a press conference held by the Chinese Foreign Ministry, spokesman Shen Guofang said: "The Hong Kong stock market has also experienced such fluctuations in the past, and it is not surprising that the Hong Kong stock market fluctuations are something that the SAR government has to deal with on its own." The central government will follow the principle of "one country, two systems." will not directly intervene in Hong Kong's stock market and the exchange rate of the Hong Kong dollar, and Beijing remains confident in Hong Kong's economy as a whole. ”

Hong Kong dignitaries have spoken in succession and the Ministry of Foreign Affairs has made statements. It has attracted great attention from investors, and the more they say that they will not directly intervene in the market, the more they understand that the central government will make a big move, although this cannot eliminate their concerns for the time being, but they are more concerned about the market, and once there is good news, they will enter without hesitation.

The major media in Hong Kong have once again expressed their strong confidence and have commented on the articles. "Sing Tao Daily" commented: "In the past, after the economic crisis, Hong Kong will recover quickly and more vigorously, and this time should be no exception. According to a report by the U.S. Treasury Department, Hong Kong's stock market has returned the highest rate of return in the past year since the global stock market crash. We have reason to believe that after this stock market crash, Hong Kong may have the highest rate of return in the world in 10 years as long as it vigorously develops its economy. ”

As soon as the Hong Kong stock market opened, a large number of Chinese-funded enterprises and foreign enterprises entered the market one after another, and blue-chip and red-chip listed companies invested huge sums of money to buy back their own shares, pushing the market up step by step. Zuo Jiang decisively smashed the remaining near-dollar in his hand into it. The purchase of all China Telecom shares, coupled with China Telecom's own buyback actions, brought its share price back above the IPO price. Stimulated by some good news, red chips and state-owned enterprise stocks began to take a breather.

At the same time. The People's Bank of China announced the news of interest rate cuts. It has increased the confidence of the market even more. On the surface, these Chinese-funded enterprises and foreign companies have entered the market unilaterally to protect their stock prices, but such a concerted action makes investors clearly feel that the guess in their hearts is correct, so a large number of investors have followed suit. It is driving the stock market upward.

The international speculator set with Soros as the leader was no longer willing to accept their defeat, and the tangled forces began to fight back, but at this time they were exhausted, and the final madness could only make them lose even more! After a confrontation. Hong Kong stocks stopped in a series of losses and began to surge strongly, and the Hang Seng Index rebounded sharply. The Hong Kong dollar has stabilized amid a strong rebound in the stock market. Soros and international speculators failed miserably. Zuo Jiang had the last laugh!