Chapter 650 [First Battle International Speculator] Ask for a monthly ticket!
In September, the Hang Seng Index fluctuated at 14,000~15,500 points, fell twice to about 14,000 points, and then rebounded twice technically, and finally stood at 15,500 points at the end of the month.
In this environment, the daily trading volume of the Xiangjiang stock market is about 120~15 billion, which is 2~3 times larger than usual; The investment of the 'Lin Zuhui Family Office' was successfully liquidated from the Hong Kong stock market, and finally lasted three months, cashing out 62.2 billion Hong Kong dollars (initial capital of 8 billion Hong Kong dollars).
In October, in the first half of the month, the Hong Kong stock market was dominated by profit-taking orders, and a large number of profit-making funds fled, and finally on October 14, the Hang Seng Index fell to 13,800 points.
At this time, as the financial turmoil has caused huge and serious damage in Thailand, Indonesia, Malaysia, Singapore, the Philippines and other places, some Hong Kong investors have noticed the seriousness of the situation and foresee that Hong Kong may also be sniped.
As expected, the US-funded international hedge funds, which have always regarded Asia as an 'ATM', have already seen the weakness of the Hong Kong dollar 'linked exchange rate', which has always been regarded as the cornerstone of Hong Kong's economy and finance, and have begun to move to Hong Kong, and the 'first war' of Hong Kong financial services is imminent.
Wednesday, October 15.
New Era Group.
At around 1 p.m., Lin Zuhui was reviewing documents in the office, and saw that he was moving fast, nearly twice the efficiency of a normal person; Don't think that he is a very sloppy person, in fact, his eyes and mind are different from ordinary people, this is his normal work efficiency.
"Knock Knock"
Assistant Li Ke walked in and reminded: "Boss, there are still 45 minutes left for the official land auction to start, and you can consider leaving!" ”
Lin Zuhui looked at the Earl Ola watch on his desk, then put it on his hand and closed the information.
Watches have been with him for many years, and he has two or three watches of different brands, all of which he bought when he was at the beginning of his career, and then he has more and more money, but he has no interest in these. This is the case with almost all luxury goods, when he first started, Lin Zuhui also bought and bought; Later, he made more and more money, but he was not interested.
"Let's go, let's go and see how everyone feels!"
Li Ke didn't talk, just showed a relaxed smile, the company under the leadership of the boss, has already seen the danger, which makes the New Era Group sit firmly in Diaoyutai.
Walking out of the office, Chen Bin and several senior staff members greeted him, and everyone gathered and set off together.
Of course, he is indeed a little interested in a piece of land in this official land auction, so he has not participated in the auction in person for a long time, and he plans to go around today.
This official land auction is the first time that the Hong Kong government has launched three land parcels in Tuen Mun, Tai Po and Kowloon Bay one week after Mr. Tung's policy address. With an area of 9.12 hectares (980,000 square feet), the Dapu site is the largest auction lot in Heung Kong's records.
The group took a car and came to the auction venue of the official land in Central, and the reporter at the door was surprised when he saw Lin Zuhui's motorvoy; After all, Lin Zuhui has not auctioned in person for several years, and it is all Chen Bin, president of New Era Group, or Liang Zhenxun, executive director, who works on his behalf.
For a while, all the reporters discussed it when they couldn't interview Lin Zuhui himself.
"Could it be that Mr. Lin Zuhui is optimistic about the property market in Xiangjiang?"
"Unlikely! New Era Group has cashed out tens of billions of properties in the past six months, and it is obvious that the real estate crisis is coming! ”
"Yes, coupled with the outbreak of the financial crisis in Southeast Asia at this time, I don't know if Xiangjiang can avoid it, and I am afraid that the major real estate developers will tremble at this time!"
A group of reporters discussed very hotly, after all, about Lin Zuhui, who doesn't like to have a good time!
Lin Zuhui came to the auction, and suddenly the major real estate developers were stunned, and then stepped forward to say hello. At this time, almost all the major real estate developers are the second generation, such as Cheng Kar-shun of New World, Wong Chi-cheung of Sino Land, Lee Ka-kit of Henderson, Kwok Bingjiang and Kwok Binglian of Sun Hung Kai, and Li Zeju of Cheung Kong.
"Lin Sheng came to the auction in person, what a rare guest!" Zheng Kar-chun took the lead and greeted him with a smile.
Although everyone is a friend, they are actually 'honorific titles', which is very polite!
Lin Zuhui said with a smile: "Come and see, can you pick up the leak!" ”
Everyone was stunned for a moment, and then laughed hard, after all, they want to give face to Xiangjiang's 'boss'! Lin Zuhui's words are also very interesting, and the implication is that the mood of the major real estate developers must be trembling at this time, and they can no longer be 'arrogant'.
In 1996~1997, the major real estate developers were very full, and they took a lot of tens of billions of projects, and at this time they were already a little panicked.
For example, Sino Real Estate, the land acquired at the beginning of this year, the land price per square floor is about 6,000, if you add the construction fee, the cost is 8,000 yuan, if you want to get two percent of the profit, at least 10,000 unit price to sell; In fact, the housing prices in Xiangjiang will soon fall to about 4000~5000 (under normal circumstances), so Sino Land has suffered a lot of losses, although it will not go bankrupt, but it will also affect the development of the company.
Lin Zuhui calculated that everyone's mood was trembling, so he planned to see if he could pick up the Dapu area. Of course, when the price was high, he immediately gave up, after all, the real estate has not really plummeted!
After a brief chat, everyone found a place to sit down, and there were not many consortiums that came to bid, and there was no foreign capital.
The auction begins.
When the land in the Dapu area was auctioned, everyone couldn't help but take the New Era Group as a reference and frequently waited and waited for bidding.
And Lin Zuhui is a very normal offer, with the mentality of picking up leaks, he has been shouting the price of this land to 5.6 billion yuan; The average floor price of this price has been 4,800 yuan, plus the cost of construction costs will be about 6,500 yuan, for the property price of Xiangjiang before October, there is still a lot of profit (10,000 yuan unit price), but it is obvious that Xiangjiang real estate has been on the verge of plummeting, so this price for many real estate developers, is trembling, dare not bid again.
In the end, New Era Group successfully won the land.
Of course, Lin Zuhui knows that this piece of land has not made much money in the past five years, but he can make a lot of money by covering it a little. Moreover, this price was already two or three times cheaper during the period of 1996.1~1997.8.
This piece of land, even if the money that was not spent this year is made up, it can be regarded as saving two or three percent; What's more, this kind of large-scale housing estate project, Lin Zuhui also likes to do.
After the largest piece of land was won by the New Era Group, major real estate developers seem to have regained some confidence and began to compete for the other two plots.
Among them, Li Zeju performed the best, and his idea at this time was that since Lin Zuhui came to take the land, it means that Heung Kong Real Estate will not collapse, and Cheung Kong's cash flow is also good.
In this way, the remaining two pieces of land were won by Cheung Kong Group, and the price must be much worse than before; However, compared with the current market environment, it is relatively ideal.
In the afternoon of the same day, the news of the official land auction was published in the evening newspaper, and the appearance of Lin Zuhui was considered to have slightly stabilized the local market; But it still can't be changed, the reality of the average transaction price of the official land auction, obviously the panic is still there.
New York.
Soros sat in the office of the Quantum Fund, looking very relaxed and calm, when his assistant came to his office.
"BOSS, Xiangjiang's work is ready, and the major Wall Street institutions are also fully prepared, just wait for your order, and Xiangjiang Financial will plummet!"
Soros nodded and said: "Xiangjiang has the world's third-largest foreign exchange reserves, and obviously it can't deal with Thailand, the Philippines, and Malaysia, so our initial target is not the Hong Kong dollar, but the Hong Kong stock market." ”
The assistant said with a smile: "We have set traps in many places in the foreign exchange, stock and futures markets, and we can shuttle flexibly, and the Xiangjiang government will not be tired of dealing with it no matter what, so Xiangjiang will also be like Southeast Asia." ”
Soros shook his head and said: "To deal with Xiangjiang, you can't do it all at once, so I have expected that Xiangjiang will have to snipe many times before it can really make its financial rout." Of course, I am very confident that Xiangjiang is still our 'ATM' on Wall Street. I want to see what that stock god can do in the face of Xiangjiang's financial rout! ”
'Stock God' Lin Zuhui is louder than Warren Buffett on Wall Street, Netscape, Yahoo, Amazon and other Internet companies have been listed, and Lin Zuhui, a venture capitalist, has surfaced; In addition, Lin Zuhui is an important shareholder of Microsoft, Citigroup, Starbucks, Kingston, Apple and other American companies, which makes him famous; What's more, Lin Zuhui's own wealth has grown, and it is even more legendary.
The assistant said seriously: "He won't think of a way, because he can't do it." However, he is really powerful, and it is said that his stock investments are frequently cashed out in July and August, and his sense of smell is not ordinarily sharp. Moreover, his real estate company has sold properties frequently in the first half of the year, and it is said that it has made a lot of profits. ”
Hearing this, Soros was a little disappointed, and it was a pity that he did not defeat Lin Zuhui head-on. You must know that everyone on Wall Street knows that Lin Zuhui is a winning general in foreign exchange, futures index, gold, and oil, and can be called the idol of Wall Street. Assuming that Lin Zuhui is an American, he has already been praised to the sky. But Lin Zuhui is Chinese, so people on Wall Street are eager to beat Lin Zuhui, but unfortunately the difficulty coefficient is too high.
"Defeating Xiangjiang's finance and economy is to defeat Lin Zuhui, after all, Xiangjiang is his base camp!"
"Absolutely!"
A new week is coming.
On October 21 (Monday), international speculators began to launch a fierce attack, selling Hong Kong dollars and shorting Hong Kong stocks, thus raising the Xiangjiang interbank interest rate, which caused investors to be extremely anxious and panicked, and the Hang Seng Index plummeted in response, plummeting 630 points on Monday.
The next day, Da Mo, who was in the same voice as international speculators, publicly stated that he would reduce his investment in the Asian market, and pointed out that the Asian stock market was already in a dangerous downward cycle, and the second wave of decline in the Asian stock market would even be driven by Hong Kong.
New Era Group.
In his office, Lin Zuhui saw Da Mo's 'alarmism' and couldn't help but sigh at the strength of American finance. They have the final say on any credit rating and downgrade, and if they downgrade you, your stock market or stock will have to fall.
Take this Da Mo as an example, its remarks are enough to panic ninety percent of investors in Xiangjiang, and it is just an investment bank in the United States.
Sure enough, the Xiangjiang stock market plummeted by 570 points again that day, and panic spread again for a while.
In the evening, Lin Zuhui summoned the 'finance ministers' of his five listed groups for a meeting.
In the conference room, Lin Zuhui said: "According to the current trend of the Xiangjiang stock market, you should prepare to issue an announcement tomorrow evening to inform our shareholders of the company's cash flow and overseas securities investment, and remind them not to sell our shares at will, so as not to cause unnecessary losses." ”
At this time, the Hang Seng Index has fallen to 12,600 points, and depending on this situation, it will fall even more fiercely on Wednesday and Thursday, and it is expected that it will fall below 10,000 points.
This wave of offensive is too fierce, and Lin Zuhui is also worried that the change is too great, and if he does not reflect in time, it will cause serious consequences. Moreover, the first wave is already so fierce, and there will be two more snipers next year, how tragic it will be then.
Therefore, it is better to keep the stocks of its listed companies, and also hope to drive the Hang Seng Index to rebound.
Liang Zhenxun, the 'finance minister' of the New Era Group, said: "Yes. The shares of the New Era Group have fallen by nearly two percent compared with the peak of 480 billion, and they closed at 395 billion today, falling below 400 billion, which is too fierce. You know, our cash plus stocks are more than 150 billion, and there are many assets in Europe and the United States. ”
The other treasurers couldn't help but be stunned, is Big Brother so good?
Zhao Han, the 'finance minister' of Wanhui Media, said: "The market value of our cash flow in the U.S. stock market has also exceeded 10 billion, and the market value has fallen below 30 billion, and some of them are not worth it for shareholders. ”
A group of finance ministers have communicated, anyway, the group has to issue an announcement, everyone can exchange experiences with each other, naturally. On the whole, the minimum cash flow of each listed group is 10 billion plus the market value of European and American stocks.
Through some exchanges, everyone found that the boss seemed to have expected today, so in recent years, the company has ensured sufficient cash flow; At the same time, the company's cash flow is invested in stocks overseas, especially in Europe and the United States.
What does this mean?
It shows that the boss seems to have anticipated the bubble of the Asian economy, so he will allocate assets in Europe and the United States to share the risks that may arise.
O God!
Everyone thought with admiration.
Finally, Lin Zuhui said: "This announcement is not to let shareholders buck the trend, but not to easily hand over the chips in their hands and stabilize the stock price of our own company, so you control the scale." ”
"Okay, boss!"
After the meeting with several finance ministers, Li Hao, the investment manager of the family office, also came to Lin Zuhui's office.
Lin Zuhui said to him: "If the Hang Seng Index falls below 10,500 points, you are prepared to enter the market with at least 20 billion Hong Kong dollars to buy those blue chip stocks." Make sure that the Hang Seng Index does not fall below 10,000 points. ”
He thought about it and finally decided that if he 'didn't earn the last copper plate', then he should also 'not copy the lowest bottom'.
In the first incident of international speculators sniping at Xiangjiang, he must also have a bottom line, that is, 10,000 points.
Li Hao nodded and said excitedly: "No problem, I will definitely arrange it!" ”
He understands that the boss must be optimistic about the economy of Xiangjiang in the future, so the average set of Hong Kong stock funds in the family office this time is now 15,700 points, and now 10,500 points are back to a part, and the difference in the middle is also a master behavior of 'doing T'.
Of course, the premise is that the boss is optimistic and optimistic about the future economy of Hong Kong.
In fact, there is no need to question that the boss is the 'commercial governor' of Xiangjiang, not simply making money in Xiangjiang, but building Xiangjiang; the reason why I say this is because the 'cultural rejuvenation' and 'science and technology rejuvenating Hong Kong' were proposed by the boss, as well as the boss's donations from major colleges and universities in Xiangjiang, as well as the idea of the 'Cyberport' project, etc., all of which can show that the boss's feelings for Xiangjiang are very deep.
"Keep a low profile and don't expose the family office!"
"Okay!"
The investment of the family office adopts the principle of offshore and decentralized, that is, I don't want outsiders to know the specific situation of Lin Zuhui's assets.
At the same time, the Hong Kong Monetary Authority (HKMA) has only responded passively by raising short-term lending rates, selling US dollars to absorb Hong Kong dollars, and raising interbank interest rates, which will raise the cost of speculation. Therefore, although this trick is passive, it also makes international speculators somewhat restricted.
However, it is certain that international speculators will make a lot of profits (billions of Hong Kong dollars); But the original intention of international speculators is to defeat the Hong Kong dollar exchange rate of Hong Kong, so it is difficult to say who wins and who loses.
It can only be said that compared with Thailand, the Philippines, and Indonesia, the situation in Xiangjiang is better.
The next day (Wednesday), the Hang Seng Index plummeted by 760 points again.
However, it is an ironclad fact that hedge funds did not defeat the Hong Kong dollar in the first round of sniping.
In an office building in Central, international speculators gather to discuss tomorrow's strategies.
Soros of the Quantum Fund also came to Xiangjiang in person.
"For three consecutive days, we have sold nearly 60 billion Hong Kong dollars, but Hong Kong has a lot of foreign exchange reserves, so the Hong Kong dollar has not yet been defeated. Tomorrow is the time for us to launch another onslaught, to make the Hang Seng Index fall by at least 1,000 points. Soros said calmly.
A group of international speculators are extremely excited, and the defeat of the Asian 'Four Little Tigers' is not a record of achievements, but the defeat of the Asian 'Four Little Tigers' is the real record, so the defeat of Hong Kong is an exciting thing.
"No problem, launch an onslaught today, and everyone will work together to defeat the Hong Kong Exchange Rate and the Hong Kong Index."
The crowd smiled cruelly.
However, what they don't know is that Lin Zuhui's five listed companies have held press conferences and are preparing to make announcements in tomorrow's morning paper.
Of these five listed groups, four are blue-chip stocks, and Octopus Bank, which is not a blue-chip stock, is not lacking in strength, but has just been listed. In terms of strength, Octopus Bank can certainly be regarded as a blue chip stock.
The important thing is that Lin Zuhui's five listed companies account for more than 15% of the total market value of the Xiangjiang stock market, which is the best strength. To be honest, assuming that Lin Zuhui openly comes forward to confront international capital, then it is almost impossible for the Hang Seng Index to be below 11,000 points in this round. In addition to the cash flow of his listed companies and European and American stocks, which are very large, what is more important is that Lin Zuhui has the attribute of 'leadership'.
And the reason why Lin Zuhui did not publicly jump out to confront international capital was because he also wanted the Xiangjiang stock market and local market to cool down, and then he would be able to buy the bottom.
(End of chapter)