Chapter 145: Shifting Targets

Yu Shan didn't be happy for long, and Zhang Mingsheng poured cold water: "Boss, my old classmate said that the Russian financial market is now a quagmire, and many international speculators are trapped in it and can't pull it out, are you sure you really want to get involved?" ā€

Zhang Mingsheng relayed the news he received from his classmates that with a large number of international investors shorting the ruble, the Russian government has successively introduced policies to raise loan interest rates, from 30 percent at the beginning to 50 percent, and recently it has been crazy to 15 percent. Pen @ fun @ pavilion wWw. biqUgE怂 infoThat's it, there is no lower limit to the Russians playing scoundrels, and it is said that the Russians are studying restrictions and suspending the exchange of the ruble into the dollar. This means that even if Yu Shan can endure high mortgage rates, he will not be able to convert the rubles he earns into dollars.

At present, the official exchange rate of the Bank of Russia, the ruble against the US dollar is still maintained at 6.2:1, but on the private black market, sometimes 10:1 cannot be exchanged for dollars. Just as Zhang Mingsheng said, Russian finance has become a quagmire, and it cannot get in or out. Lao Maozi is also really ruthless, pulling those international speculators who didn't have time to quit the market, and finishing up with his own economy.

After Yu Shan listened, he had no thoughts. The remittance of renminbi will be partially pumped by underground banks, part will be drawn by entrusted funds, and high interest will be paid on mortgage loans, and even if you make a lot of money in the end, it will be a bunch of rubles that cannot be exchanged. The facts shattered Yu Shan's illusion that the road of snatching money from Russia would not work at all.

Yu Shan said to Zhang Mingsheng on the phone, he pondered again, and then hung up the phone. Flipping through the photocopied old newspaper of the New Commercial Daily, carefully checking page by page, not to mention, he found another opportunity.

Beginning on 5 August 98, a number of European and American investment banks and hedge funds headed by Soros launched a large-scale attack on Hong Kong's foreign exchange market, stock market, and Hang Seng Index futures market, frantically selling Hong Kong dollars and Hang Seng Index futures. On the fifth day, it smashed in 20 billion dollars, and on the 6th, it was another 20 billion dollars.

According to the plan of Soros and others, they first shorted the Hong Kong dollar in the foreign exchange market, forcing the Hong Kong Monetary Authority to adopt the old trick of raising interest rates and suppressing the stock market. As interest rates rise, the stock market is bound to fall. HSI futures will also fall in tandem, and then speculators can short the HSI futures at a lower price in the futures market, and both the foreign exchange market and the stock market will make a profit. The drunkard's intention is all in the Hang Seng Index Futures.

The Hong Kong government and the capital started a war from the 14th to the 28th Hang Seng Index futures delivery date, and the Hang Seng Index futures were finally fixed at 7829 points, successfully defeating the international funds.

During a tug-of-war, the Hang Seng Index repeatedly fluctuated, the most exaggerated day rose by more than 8%, with 16 times leverage, as long as the operation is done properly, Yu Shan can increase the current funds by 50% in one day.

After confirming the new direction of operation, Yu Shan immediately called Zhang Mingsheng again and asked about the Hang Seng Index futures trading. The settlement currency of HSI futures is Hong Kong dollars, and the purchase price is multiplied by 50 Hong Kong dollars in index points.

Yu Shan had already made up his mind, and immediately asked Zhang Mingsheng to contact the underground bank, withdraw all the funds on the books, and convert them into Hong Kong dollars. The boss's order is the highest instruction, and Zhang Mingsheng happily agreed to it and contacted his former acquaintances to operate this matter.

Zhang Mingsheng asked for Yu Shan's identity information to open an account in Hong Kong, and then contacted the underground bank to discuss the remittance. And Yu Shan is not idle, for such a big matter, he must be on the scene to rest assured.

When you arrive in Hong Kong, you must have a Hong Kong and Macao permit. If you want to get a Hong Kong and Macao permit by conventional means, you have to wait at least 15 working days. Yu Shan can't afford to wait, it's the 10th today, the second Hong Kong defense battle since the Asian financial crisis broke out on the 14th, and the most ideal result is that Yu Shan enters the field on the 13th.

Yu Shan didn't think about it, so he called Wu Zhengxiong. As soon as he talked about this on the phone, Wu Zhengxiong said with a smile: "What did I do at the time, in this way, I will let Xiaoma accompany you to apply for the Hong Kong and Macao pass in a while." It's unlikely to get it in one day, but it's definitely okay in three days. ā€

Yu Shan called Yang Rui and took a car to the criminal police team. Pick up the pony and go straight to the entry and exit hall of the substation. Yu Shan took pictures and filled out the application form here, and Officer Pony over there found the person in charge and carried the squadron leader Wu Zhengxiong out, and the person in charge immediately said that he would handle the special case and get the Hong Kong and Macao pass as soon as possible.

Yu Shan knew that Wu Zhengxiong had to do his own favor to help with this, and he couldn't let his family work in vain. He asked Yang Rui to take out five pieces of China from the trunk and secretly stuffed them to the accompanying officer Pony, telling him to watch the smoke disperse.

Officer Pony is also a well-versed person, stuffed back three cigarettes, took two cigarettes and went to the back office, and said to Yu Shan with a smile when he came out: "Brother Yu, don't worry, people have said that by the twelfth at the latest, this matter will definitely be done for you." ā€

Yu Shan let out a sigh of relief, and in his joy he planned to invite Officer Pony, who had been busy all morning, to dinner. Officer Pony is a person with vision, and seeing that Yu Shan is busy with his feet on the ground, he smiled and declined, saying that he would wait for Yu Shan to finish his work.

In the afternoon, Zhang Mingsheng used his connections to contact a reliable underground bank in Shenzhen and Hong Kong. After the market closed, Zhang Mingsheng also transferred all the funds on the books. With the six million Yu Shan had on hand, the funds he could use were nearly nine million.

After asking about the transaction method in detail, Yu Shan pondered that the risk was not great, so he agreed.

It rained for a day on the 11th, and it really responded to the sentence 'money can make the devil grind', and Yu Shan's Hong Kong and Macao pass was completed that afternoon.

After getting the pass, Yu Shan hurriedly booked a ticket to Shenzhen and Hong Kong at the Baihe Hotel. There are no direct flights between Qibei and Shenzhen-Hong Kong, so Yu Shan can only buy transfer tickets. Fly to the capital at eight o'clock in the morning, and fly to Shenzhen and Hong Kong at half past twelve at noon.

Waiting for the twelfth, Yu Shan went to the airport early in the morning. It was also an eyesore, although the sky was still covered with clouds, but the rain did not fall until the flight took off. The flight to the capital was a Yatai 72A, a small plane with a total of 70 seats. The two-hour flight was so bumpy that Yu Shan even wondered if the plane would fall apart halfway. Fortunately, the pilots were highly skilled, and even though it was raining heavily at the capital airport when landing, the plane still landed smoothly on the runway.

Yu Shan had a casual snack at the airport, but because the flight was delayed, he didn't board the flight to Shenzhen and Hong Kong until 1:10 a.m. This time, the plane was changed to a 737, and the flight was much smoother. After flying for three and a half hours, it was past five o'clock when Yu Shan came out of the security check at Bao'an Airport.

As soon as he got out of the security check, Zhang Mingsheng waved his hand from afar: "Boss, this way, this way!" ā€

Lao Zhang flew from Binhai to Shenzhen and Hong Kong in the morning, and he originally had a Hong Kong and Macao pass, which was just right to accompany Yu Shan to Hong Kong. Yu Shan walked out, waved his hand and refused Lao Zhang's kindness to help him pull the suitcase, and dragged the suitcase out while asking, "How is the contact?" ā€

"I'm looking for a time-honored brand, I've been doing remittance for five years, and the reputation is very good, and there have been no problems." After a pause, Lao Zhang hesitated and said, "Boss, you have withdrawn all the funds on the books, are you going to give up domestic futures?" Isn't it a little too risky? I heard from my classmate that the Hang Seng Index has not been doing well recently. ā€

Yu Shan smiled: "Lao Zhang, since I won't lose money when I do domestic futures, I won't lose money when I do the Hang Seng Index." "Yu Shan has this confidence, and even if he loses, it's nothing, it's a big deal to start over. Back in the past five years, he has the capital to start again.

Seeing that persuasion was useless, Lao Zhang kept silent.

The two called a taxi at the airport and stayed at a three-star hotel in the city. As soon as they settled down, they caught the typhoon. The storm was raging outside, and the roaring wind was so noisy that Yu Shan didn't sleep well all night. The next morning, Yu Shan and Lao Zhang went to the underground bank against the eight or nine winds, and according to the negotiated price, they exchanged the RMB in Yu Shan's account into 8.2 million Hong Kong dollars, and remitted 8 million to Yu Shan's account in Hong Kong, and 200,000 cash was left on his body for self-defense.

The process of remittance is a bit complicated, Yu Shan remits the money to the other party's account in batches, and the other party then remits the money to Yu Shan's account in Hong Kong according to the proportion, and Yu Shan has to use the phone to inquire about the change of funds in the account every time. Only when the account is confirmed, Yu Shan will give the other party a sum of money.

After the remittance was completed, Yu Shan and Lao Zhang went to the port non-stop. Because the typhoon was just in time for landfall, there were not many people who cleared the customs at this time, and Yu Shan and the others cleared the customs in less than an hour and arrived at Hong Kong on the opposite side.

As soon as I cleared the customs, I saw a white Honda lower its window, poked out a fat face with wax, and greeted this side: "Ah Sheng, this way!" ā€

Lao Zhang waved his hand at the man and walked over with Yu Shan.

got into the car, and Lao Zhang introduced the two. Zhang Mingsheng's classmate's name is Zou Zhenfa, who returned to Hong Kong after graduating from Australia and joined a financial company. After so many years, he is now also a small account manager. Zou Zhenfa drove to the city, and spared no effort to say in awkward Mandarin: "The rest of my life is so courageous, the Hang Seng Index opened more than 6,600 this morning, and it is impossible to fall again." The special capital said that 6,500 points is the bottom line of the Hong Kong government, and at this time, it will be safe to enter the market and make a steady profit. ā€

Yu Shan smiled and didn't speak.

Seeing this, Zou Zhenfa said again: "I will be the boss of Ah Sheng for the rest of my life, I won't lie to you." In this way, if you open an account with me for the rest of your life, how about I give you a commission of 2.5/10,000? ā€

This time, without waiting for Yu Shan to say anything, Zhang Mingsheng frowned on the side and said: "Ah Fa, the handling fee of 2.5 is too much, at most you will be given two points, and if there is more, we will find another family." ā€

"Two points? I'm going to lose money, and I'm not going to make any money at 2.5. ā€

Zhang Mingsheng smiled: "Ah Fa, are you using us as a layman?" ā€

Zou Zhenfa pretended to be helpless and said: "Eh, I'm afraid of you, two o'clock is two o'clock." Ah Sheng, I haven't seen you for so many years, and I don't say that I am considerate and considerate of my old classmate. ā€

"Considerate of what? You're so much better off than I am. With a mobile phone and a car, did you still buy a thousand-foot mansion? ā€

"You big-headed ghost, you have worked hard for so many years, and you only bought 600 square feet, and you have to pay it monthly for ten years. There is also this car, which also needs to be paid monthly. No way, no car to go out to meet customers, people don't believe you. After a pause, Zou Zhenfa said eagerly: "For the rest of your life, how about two points?" ā€

"How much leverage?"

"Sixteen times."

Yu Shan nodded and said, "Okay, I'll open an account with you." ā€

Zou Zhenfa was happy: "Good eyesight for the rest of your life, open an account here with my Afa, and earn it for you." ā€

The financial company where Chow Chun-fat works is called Hexin Financial, and he has rented several thousand square feet of office space in a financial building in Tsim Sha Tsui. Zou Zhenfa took Yu Shan to go through the account opening procedures, and then enthusiastically sent Yu Shan and them across the sea to the Hong Kong Stock Exchange. Before leaving, he also said that he would invite Yu Shan to eat seafood in the evening, and Yu Shan could hear that this was a kind word, so he politely refused. I just asked Zou Zhenfa where to buy an anonymous calling card.

Zou Zhenfa helped, and took Yu Shan to a Monk-owned communication store to get a mobile phone card. When Yu Shan and Zhang Mingsheng returned to the exchange, the Hang Seng Index futures had just opened in the afternoon.

After a volatile morning, the Hang Seng Index stabilized at 6,623 points just after the afternoon opened. Yu Shan didn't think about it, handed over the mobile phone to Zhang Mingsheng, and asked Lao Zhang to call Hexin Financial and enable 16 times leverage to buy HSI futures.

Due to the sell-off of international speculators, the buying process went smoothly, and Yu Shan bought a total of 386 contracts, and the average purchase points were even lower than the opening price, at 6621 points. By the time it closed, the Hang Seng Index climbed and finally closed at 6664 points, and Yu Shan made a small profit.

This afternoon, watching the Hang Seng Index repeatedly oscillating up and down, Zhang Mingsheng kept sweating, and when he left the exchange, he sighed and said: "Where is this futures, it's just gambling." ā€

The two of them left the exchange, stopped a taxi, and asked the driver directly where there was a similar hotel nearby. It seems that the drivers everywhere are almost the same, and the driver heard that the accents of the two were from the mainland, and he chatted enthusiastically with the two of them for a long time. didn't go far, and sent the two to a hotel called Rosey in Kowloon.

In recent years, the people of Hong Kong have been relatively tolerant of mainlanders because of their sense of economic superiority, that is, they have always been accustomed to looking at mainlanders with the eyes of hillbillies. That look is similar to that of a small citizen in a big city looking at a migrant worker who goes to work in the city. After more than a decade, when the mainland's economy took off, some Hong Kong people were very uncomfortable after losing their sense of superiority, just as the peasants who became wealthy after the exemption of agricultural taxes went to the cities to buy houses and land on a large scale and raise prices, which made urban residents unhappy.

Yu Shan felt very funny, after taking the passport of a second-class citizen for so many years, what is there to be superior?

The two of them had a buffet in the hotel for dinner, and went back to the room early to rest after eating. Tomorrow is the 14th, the day of the second battle to defend Hong Kong, you have to raise your spirits.