But these letters are not all worthless.

There are letters of intent from some software companies, and they hope to reach a cooperation with Infinity to design some peripheral supporting software.

Over the years, Infinity has spent so much money, and many programmers are not dry.

With instant messaging as the backbone, they continue to expand the development of games, music, novels, Chinese search engines, communities, and ..... and so on.

The purpose is to build a complete ecological network.

In this era of lack of entertainment, anyone who comes into contact with these new things will be unable to extricate themselves.

The Internet is wonderful.

Even the "social elite" like the third uncle is not spared, and he comes to the company every day to play games, or to the thousand-degree stickers designed by the company, all kinds of water stickers, showing off his wealth, watching others kneel ********** to see how charming the Internet is.

Everything is moving in a good direction, but not without negative aspects at all.

In the last month, there have been several news reports that the game designed by Infinity is extremely harmful.

Children are addicted to online games every day, and they don't want to study, and they are entertained in front of the computer with high intensity, which is obviously infected with "Internet addiction".

Mu Xiu will be destroyed by the forest wind, and many experts have also come out to criticize Infinity Inc., which has produced electronic opium and poisoned young people, and suggested that the relevant departments should block it!

As a result, Infinity's stock price fell 7% on the day.

"Internet addiction", what a distant word.

In later generations, with the development of the Internet, the Internet has become an indispensable part of people's lives, and "Internet addiction" has also disappeared with the torrent of the information age, and is rarely mentioned again.

But now it's the end of the 20th century, and people are still very prejudiced and even demonized about new things, especially online games.

The first person in the world to coined the term "internet addiction" was a psychiatrist named Ivan Goldberg in New York.

One day in 1995, Goldberg concocted seven diagnostic criteria, claiming to have discovered the mental illness of "Internet addiction."

His prank then deceived several of his colleagues.

However, he also clarified afterwards that Internet addiction is not a real addiction.

"If you expand the concept of addiction to every human behavior, you will find that people become addicted to reading, they become addicted to running, and they become addicted to socializing with people." Goldberg said.

Infinity quickly published the news on its website, but to little avail, as people were more willing to blame others for their "lack of self-control."

For this reason, Chen Weidong could only order the company to design an anti-addiction system, and teenagers under the age of 18 could only log in to the game for up to 3 hours a day.

This move quickly eased the social condemnation of Infinity.

Infinity also points out that most people own computers not just as a tool, but also as an entertainment facility.

Entertainment is human nature, and there is no such thing as Internet addiction.

......

Late July 1998.

Antler Building, nine floors.

Chen Weidong sat in front of the computer, watching the trend of the stock market in recent months, and couldn't help frowning.

The Hang Seng Index rebounded to more than 11,000 points in March, and after hitting the pressure level, it has been in the dark.

It's the beginning of August, and the Hang Seng Index is on a rollercoaster ride again, falling back to around 8,000 points.

Judging from the trend of the K-line chart, it is obvious that there is a large outflow of funds, but it has begun to shrink now.

Does this mean a stop down?

Chen Weidong knew that it was absolutely impossible......

At the same time, the mainland, the city of Tokai.

There are rumors in the foreign exchange black market that the value of the RMB will be difficult to hold due to many factors such as floods and the yen crisis.

"Huaxia could depreciate the RMB by as much as 30%."

For a time, the exchange rate of the RMB against the US dollar on the black market fell to 8.70, 5% lower than the official exchange rate of 8.28.

These rumors have also prompted investors to sell their B shares and cash out to buy US dollars.

On July 28, B-shares fell by 3.5%, hitting a record low.

The B share here is not the kind of B share you understand, it refers to the RMB special stock".

"A kind of securities that use RMB to indicate the face value and can only be traded in foreign currency."

On the same day, an opinion piece in the Securities Times in South China pointed out that Huaxia had warned the United States that if the United States continued to allow the yen to continue to depreciate, Huaxia would likely reconsider the question of whether the renminbi should depreciate.

A dealer at Sakura Bank in Tokyo also said, "According to reports, Dai Xiaolong, the governor of the People's Bank of China, said that the value of the Huaxia RMB will depreciate slightly."

For a while, the news that was unfavorable to RMB came one after another, and people couldn't help but wonder how long RMB could last?

On August 3, the yen broke through the important mark of 145 against the US dollar, and the citizens of Tokai City went to the black market to exchange dollars at high prices.

On this day, the RMB black market exchange rate reached 8.8 yuan to 1 US dollar.

In the first week of August, the renminbi fell to as low as 9.2 yuan per dollar per dollar on the black market in Shanghai, nearly 9% below the official exchange rate.

9 August 1998.

The Hong Kong government announced negative GDP growth in the first quarter.

Bad news followed.

Listed companies in Hong Kong have successively announced interim results, Cathay Pacific lost money for the first time in more than 50 years, and profits of Swire and HSBC fell sharply.

Rumours and rumors abounded in the Hong Kong market, causing panic among investors.

These have undoubtedly become a signal for international financial speculators to attack Xiangjiang!

After the first three shocks, international speculators found the Hong Kong dollar exchange rate and the stock market somewhat difficult to shake, but they did not rest on their laurels, but regrouped and adopted a more shrewd strategy.

They began to launch a three-dimensional offensive in the currency, foreign exchange, stock and financial derivatives markets at the same time.

Attempts to shock the exchange rate system and bring it down in order to profit from financial turmoil.

The main patterns are:

In the foreign exchange market, Hong Kong dollars were borrowed through the currency market, offshore market, bond selling, etc., and then the Hong Kong dollar was sold intensively to suppress the exchange rate of the Hong Kong dollar.

Once the Hong Kong dollar depreciates, speculators can buy back the Hong Kong dollar at a low price to repay it and earn a profit from the price difference.

Another way is for international speculators to sell Hong Kong dollar forward contracts in the forward foreign exchange market, causing the Hong Kong dollar forward exchange rate to fall.

If the Hong Kong dollar depreciates on the expiration date of the forward contract, then when the contract is delivered, international speculators can make a profit.

At the same time, in the stock market, international speculators are not idle, they sell stocks short, accumulate a large number of short positions in stock index futures.

When they sell the Hong Kong dollar in the foreign exchange market, due to the Hong Kong Linked Exchange Rate Automatic Adjustment Mechanism and in order to limit speculators' access to Hong Kong dollars, the authorities generally adopt the method of raising short-term interest rates to raise the cost of funds for speculators.

And once interest rates rise, it will weigh on the stock market.

When the stock market falls, speculators can make a profit by buying back stocks at low prices and delivering stock index futures.

Countless Wall Street elites, senior analysts, after many calculations, simulations, discussions.

It is believed that the time is ripe for an all-out attack on the Hong Kong dollar.