On August 14, 1998, the Hong Kong government, which had no other choice, officially intervened in the stock market and began an unprecedented 'gamble of the century'. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 infoYu Shan and Zhang Mingsheng rushed to the exchange before the opening, and at the beginning of the opening, the Hang Seng Index fluctuated at 6600 points for a few minutes, and then began to rise all the way. By the time the market closed by noon, the Hang Seng Index had risen by 200 points.

This result made all the shareholders who were blocked in front of the big screen of the exchange crazy, and the opening continued in the afternoon, and the Hang Seng Index showed a strong upward momentum and continued to rise all the way. The scene at that time reminded Yu Shan of the Hong Kong film "The Great Era" starring Zheng Shaoqiu, where everyone was frantically waving their fists and shouting 'Sheng! Litre! Litre! ’。

Yu Shan still retained his sanity and grabbed the Hang Seng Index around 7,200 points to sell short and close the position, and finally the Hang Seng Index soared by more than 560 points, an increase of more than eight percent, to close at 7,224 points.

On this day, the funds in Yu Shan's account increased by nearly 50 percent. The 14th was Friday, and the market was closed for two days on Saturday and Sunday. I went to Wong Tai Sin Temple and then to Victoria Bay. Yu Shan, who made a fortune, was not stingy, and led Lao Zhang to eat a seafood dinner.

On Sunday night, Yu Shan was still hesitating, considering whether to enter the market on Monday of the 17th. It stands to reason that Monday is a trading day, but the old newspapers did not record the trading information of that day.

After a night of cranky thinking, I didn't know until the next morning that August 17 was the anniversary of the victory of the Anti-Japanese War, and the Hong Kong Stock Exchange was closed for one day. No wonder it wasn't written in the old newspapers.

Hong Kong is such a big place, and everything that should have been transferred in two days on the weekend has passed, and Yu Shan simply stayed in the hotel and was too lazy to go out. However, Lao Zhang still wanted to go out for a walk, and asked Yu Shan to borrow 2,000 Hong Kong dollars. Then Zhang Mingsheng disappeared for a whole day, and when he came back, he was refreshed and his face was full of red light. Yu Shan even thought that this guy had gone to some inappropriate place for children.

As a result, Lao Zhang said: "It is said that Wong Tai Sin is very effective, and I was in a hurry yesterday, and I didn't have time to ask for a signature." I went to ask for one today, and the result was that I was signed, and it was very lucky. ”

In the evening, Yu Shan learned through the financial channel on TV that the global stock market plummeted on this day, and the Hong Kong Stock Exchange was closed, which escaped the shock wave that stretched over.

On August 18, Yu Shan spent the whole day observing. The Hang Seng Index has been fluctuating slightly. It wasn't until near the close of the market that Yu Shan was at 7215 points and 533 Hang Seng Index contracts. At half past four in the afternoon, the Hang Seng Index closed at 7210 points, and Yu Shan made a small profit. It was also on this day that the U.S. stock market rebounded sharply, the yen began to stabilize, and stock markets across Asia rebounded across the board. This day was the first trading day after a three-day holiday, and the Hong Kong government retained its strength, and the Hang Seng Index fluctuated in a narrow range under the influence of all parties, falling slightly by 14 points.

On August 19, the Hang Seng Index soared at the open. The Hong Kong government's Exchange Fund re-entered the market, and in one day, the Hang Seng Index climbed 412 points to close at 7,622 points. On this day, Yu Shan did not trade, and always waited and watched.

On 20 August, the Hang Seng Index continued to climb. The market encountered resistance at a high of 7,900 points, and Yu Shan rushed to close the position at 7,860 points, and shorted 900 hands on the backhand. After half an hour of anxiety at 7,875 points, the Hong Kong Government Exchange Fund chose to give up, and the Hang Seng Index went all the way down to close at 7,742 points. Yu Shan did not close the position, and at this time, the funds in his hand had snowballed to more than 26 million Hong Kong dollars. Converted into renminbi at the official exchange rate, it is more than 28 million.

Zhang Mingsheng was stimulated by Yu Shan's series of operations, and he didn't raise his opinions when he traded in the afternoon, and he didn't shout anymore. He directly incarnated as a big butler, served tea and water, and did the work of serving people.

Coming out of the Hong Kong Stock Exchange, no matter whether Yu Shan is happy or not, he has to leave Hong Kong obediently with Lao Zhang and return to Shenzhen and Hong Kong. The Hong Kong and Macao passes they apply for are tourist visas, which are valid for one year, and can be cleared to Hong Kong twice, each time for no more than one week. They came to Hong Kong on the 13th, and they counted the entire seven days until today.

Tomorrow on the 21st is Friday, which is still a trading day. There is a big market on this day, and Yu Shan doesn't want to miss it. He planned to spend the night in Shenzhen and Hong Kong tonight, and then come back to Hong Kong early the next morning. But in this way, he will stay in Hong Kong until the 27th at most, which means that he will miss the decisive battle on the 28th settlement day.

He told Lao Zhang Yi the general meaning, and Zhang Mingsheng said: "Boss, in fact, there are places in Shenzhen and Hong Kong where you can see the Hang Seng Index. Anyway, it's all phone trading, and Hong Kong's mobile phone number can also be used in Shenzhen and Hong Kong, so let's not come over tomorrow. ”

Can you see the Hang Seng Index, and the mobile phone signal is still covered? It's just great!

The two stopped a taxi and went to the customs gate, and returned to Shenzhen and Hong Kong after customs clearance. Yu Shan also deliberately tried it in the urban area of Shenzhen and Hong Kong, and found that the mobile phone really had a signal. Although it is somewhat debilitating, it definitely works.

After resting for one night, the next day Lao Zhang really took Yu Shan to find a place where he could broadcast the Hang Seng Index live. Across the river between Shenzhen and Hong Kong, there are many financial companies selling dog meat on the streets of Shenzhen-Hong Kong. These financial companies secretly say that they have a way to open accounts and buy stocks in Hong Kong on behalf of their customers, but in fact, they are mixed with mud and sand.

There is a duty to earn a fee, and more is to simply play with the customer. The customer loses, and the money goes into the pockets of the financial company; On the contrary, if the customer earns, the financial company may run away in the blink of an eye. What's more, they secretly tampered with the Hang Seng Index, first plummeted, and then rose back to the Hang Seng Index at that time, and kicked out the customer in the process. The Shenzhen and Hong Kong governments have cracked down on this kind of financial company that sells dog meat on the head of a sheep, but this thing is like psoriasis, and it has been banned repeatedly.

Lao Zhang is looking for such a financial company. The company is not large, and there are several 29-inch color TVs in the hall, which show the transaction prices of the Hang Seng Index and various stocks.

On August 21, the Hong Kong government's exchange fund was not very active in entering the market, and the Hang Seng Index was stable for a whole day, and the eight major foreign investors suddenly joined forces at the end of the market, and the Hang Seng Index plummeted by 200 points to close at 7,527 points.

All this happened in a few minutes before the market closed, Yu Shan couldn't hold his breath, made a phone call in advance, and bought around 7580 points to close the position. As a result, in the last two minutes, the Hang Seng Index fell from 7580 to 7527.

Yu Shan has nothing to regret, if it is a little later, he will not be able to close the position.

The 22nd and 23rd days are weekends, and the Hang Seng Index is closed. Yu Shan and Zhang Mingsheng stayed in Shenzhen and Hong Kong, and Yu Shan calculated that he could currently have nearly 30 million Hong Kong dollars on hand. In eight days, he made a net profit of 22 million. He looks like a lot of money, but in the money game of tens or tens of billions between international travel funds and the Hong Kong government, he is not even a small shrimp.

Due to his intervention, the opening and closing prices of the Hang Seng Index have changed slightly, and in Yu Shan's view, these slight influences are still within the controllable range. Now that the Hong Kong government is stumbling with international travel funds, no one will pay attention to his little shrimp.

On the 24th, Yu Shan got up early in the morning with Lao Zhang and went to Hong Kong for customs clearance early. Yu Shan bought at any cost at the opening of the market, buying 1,200 contracts with an average index of 7,540 points. On this day, the Hong Kong government reorganized its strength and carried out the largest market intervention since entering the market. The stalemate lasted until two o'clock in the afternoon, and the international tour capital finally couldn't hold on, and the Hang Seng Index rose 318 points in two hours to close at 7,845 points.

On this day, Yu Shan's operation was wrong. He called in the last two minutes to place a short order, but before the financial company could report the order, the market closed.

Yu Shan knew that it was his own greed. In order to correct this mistake, as soon as the market opened on August 25, Yu Shan began to close his position. By the time he closed his position, the funds in hand had rolled to 50 million Hong Kong dollars.

On August 26, all morning, Yu Shan was waiting in the empty warehouse. Approaching three o'clock in the afternoon, Yu Shan made a phone call and shorted 2,000 contracts. At 3:08, the Hong Kong government, which has always played the role of buyer, changed its face, suddenly closed all stock spot and futures index buys, and took the initiative to short the Hang Seng Index futures, which caused speculators to hurriedly follow the trend and chase short. In just two minutes, the Hang Seng Index fell sharply by 160 points, and in the following 20 minutes, the Hang Seng Index fell by nearly 300 points.

Yu Shan bought at 7600 points to close the position, and turned around to open a position at around 7570 points to buy. Yu Shan had just completed his purchase, and the Hong Kong government suddenly turned around and re-entered the market to regain lost ground. The large number of purchases pushed the Hang Seng Index back to the level it had at the open.

At 10 a.m. on August 27, the Hong Kong stock market opened.

The day was in no way inferior to a fierce battle. At the beginning, the speculators' selling orders rushed like a sea of mountains. In the first 15 minutes, the turnover reached HK$1.9 billion; In the second 15 minutes, the turnover was HK$1 billion; In the third 15 minutes, another HK$1.09 billion of shares were traded. And 15 minutes before the market closes, the battle entered a white-hot state, with a turnover of 8.2 billion Hong Kong dollars! For Hong Kong Telecom stocks alone, the HK$100 million buy order launched by the Hong Kong government was fully executed in less than 9 minutes. The state was so tragic that the "Red Horse Clip" on the field was stunned.

On this day, the Hong Kong government used 20 billion Hong Kong dollars to entrust 10 brokerage banks to chase and block 33 HSI constituent stocks. The financial predators broke through several times, but failed to do so. In the end, the Hang Seng Index closed at 7,922 points, up 88 points from the previous trading day, with a full-day turnover of 23 billion Hong Kong dollars. This is the highest amount since 11/4/97.

Yu Shan closed his position at around 7,900 points in the Hang Seng Index, and the funds in his account had skyrocketed to 83 million Hong Kong dollars. In the last few days, it was a decisive battle between the Hong Kong government and international investors, and the entire Hang Seng Index went completely crazy!

Within five minutes of the market opening, the turnover was as high as 3 billion, and the turnover was as high as 79 billion throughout the day. Yu Shan bought it in the afternoon and never operated it since. Hong Kong capital and tourist capital are inseparable, with an average turnover of HK$350 million per minute. In the end, the Hang Seng Index closed at 7836 points. After the completion of the transaction, the total funds in Yu Shan's account are 86.27 million Hong Kong dollars. Converted into RMB, it is more than 92 million! (To be continued.) )