While Chen Weidong and Lin Zeju were talking, Wall Street, New York, an emergency meeting was also being held at the headquarters of the Quantum Fund.

The representatives of the eight major capitals gathered together again and sat on both sides of the long conference table.

Each of them is a feared "hungry wolf" in the financial market, and even some of them are "old people", and they have participated in sniping at the pound sterling and forcing Britain to withdraw from the European exchange rate system.

The influence of the institutions behind it can be said that if you stomp your feet casually, the financial markets of some small countries will cause earthquakes.

The first to speak was Rodri Jones, the chief trader of the Quantum Fund.

"Two days ago, we received urgent information from people inside Hong Kong that the Hong Kong government had intervened in the financial market, and it was because of their financial intervention in October that our attack was blocked."

"Oh?"

There was a flurry of head-to-head exchange in the conference room, and most people expressed shock.

As the financial center of Asia, Hong Kong is one of the few financial free ports in the world, and pursues a liberal economic policy.

Even in the eyes of many people, financial freedom is the foundation of Hong Kong's foothold.

And now, they have taken the initiative to intervene in the market, it is unbelievable!

"Hehe, in fact, this is also expected by me and George, we have defeated so many countries, it is normal for them to be afraid." The mastermind behind the Quantum Fund, Drucken Miller, said with a smile.

He is a somewhat obese middle-aged man who likes to drink Coca-Cola very much, because he feels that sugar can stimulate the brain to become more active and conducive to thinking.

This sniper Hong Kong dollar plan was fully customized by him.

"Mr. Miller's statement, does it mean that we are going to launch a counteroffensive?" One of the young men asked, who was the representative of the Carlyle Fund, the weaker of the eight institutions.

Originally, he was not qualified to participate in such a meeting, but it was another agency that temporarily withdrew from the operation and gave up this position.

Drucken Miller didn't answer, but turned to Jones next to him and asked, "How many Hong Kong dollars have we hoarded now?" ”

Jones smiled and said, "Gentlemen, because we have borrowed a lot of Hong Kong dollars in the past few months, as of yesterday, we have more than 54 billion Hong Kong dollars. ”

"Interestingly, the Hong Kong Monetary Authority mistakenly thought that our purpose was to short the Hong Kong dollar, so they used the method of raising short-term loan interest rates every time to raise our short-selling costs and try to force us to voluntarily withdraw from the market."

"I have to say, this method is very ridiculous." A middle-aged blonde man mocked without scruples, he was the representative of the Tiger Fund, and his strength was equal to that of the Quantum Fund.

"If I could, I would like the Fed to warn them that the bailout by the Hong Kong Monetary Authority is intervening in the free market, which will damage the image of Hong Kong's free economy......," Morgan Stanley's spokesman also suggested.

"So... Let your people know that you are ready for the second step of the plan. ”

After Drucken Miller finished speaking, his eyes closed slightly and he fell into a state of false sleep.

Jones spread his hands and shrugged at the crowd.

.......

Xiangjiang, Antler Building.

"Lao Liu, Soros and they will definitely attack again, what is the above opinion?" Chen Weidong sat on the sofa and was discussing the recent stock market with an old man.

In October, due to the attack of Soros and other Western investors, the Hang Seng Index plummeted from 15,000 points to 10,000 points.

The drop in a month has reached more than 30%.

The stock market crash caused the Hong Kong foreign exchange market and the real estate sector to begin to suffer, and the Hong Kong dollar continued to decline against the US dollar as soon as the market opened.

Housing prices have halved, financial markets are in chaos, and people are lining up in front of major banks to exchange dollars, for fear that the Hong Kong dollar will turn into waste paper like the Thai baht.

The Hong Kong Monetary Authority has also begun to intervene covertly, intervening in the market through HSBC.

After some perseverance, the "domino effect" previously created by Western investors was finally dealt a blow to a certain extent, and the plunge in the stock market was temporarily eased.

However, after two months of consolidation, the Hang Seng Index has only risen to about 10,500 points, and if Western funds attack again, the market will face a very severe test.

"What else can I do, it's just that I'm afraid that international travel funds will short the Hong Kong dollar, so I will continue to raise the loan interest rate." The old man was a little dissatisfied.

In his opinion, this method is to hurt the enemy by 1,000 and damage to himself by 800, and many countries in Southeast Asia have used bad tricks before, and there are no new tricks.

"In the short term, there's no better way to do it." Chan said with a wry smile that he understood the HKMA's difficulties.

Merely.

The continuous increase in the interest rate of the Hong Kong dollar will lead to a sharp decrease in the amount of Hong Kong dollars circulating in the market, and the liquidity of the Hong Kong dollar will also be greatly reduced.

In order to have sufficient liquidity to ensure the normal operation of society, the people of Hong Kong can only seek liquidity by selling assets, especially stock assets......

So the consequences are.....

"Wait! Lao Liu, why do I think this is a trap for Soros? Chen Weidong suddenly thought of something and hurriedly said.

"What trap?" Liu Jianping wondered.

"If you think about it, because of the continuous increase in loan interest rates, enterprises and ordinary people will not want to go to the bank for loans when they lack funds, but will instead reduce their stock assets to survive the crisis."

"At that time, a large number of stocks in the stock market will be sold off, and funds will flow out, and if Soros smashes the market and causes panic, the broader market index will definitely fall down." Chen Weidong said.

"You're saying that their target is most likely not the foreign exchange market, but the stock market?" Liu Jianping instantly thought of the crux of the problem.

"That's right, Ming Xiu plank road, dark Chen Cang." Chen Weidong said.

"If that's the case, they are free to choose whether to attack the foreign exchange market or the stock market, and we can only defend passively, which is very difficult." Liu Jianping looked worried, he knew the strength of those international predators.

South Korea is a prime example.

Since going bankrupt, they have had to apply for loans from the International Monetary Fund (IMF) for help, but at the cost that South Korea's economic policies must be subject to IMF intervention and supervision, which is tantamount to being choked by the throat by the United States, and they can only live by their faces in the future.

"Lao Liu, the Hong Kong government's foreign exchange reserves are definitely not enough to deal with the attack of international travel funds, and when necessary, I suggest that you ask for help over there." Chen Weidong pointed to the north.

"Is that okay?"

Liu Jianping was surprised.

The financial market over there is said to have only just started.

"Just give us a phone call and ask."