Chapter Seventy-Four: How to Catch a Mouse

The year entered 1998, August 20.

After wreaking havoc on half the world, Soros led international speculators to regroup in Xiangjiang.

This time.

The Quantum Fund is already inevitable!

Soros openly shouted in the Wall Street Journal: "The Hong Kong government will be defeated."

The arrogance of a company openly issuing a war letter to an official government, and even clamoring to defeat an official government, can be described as unheard of.

Ho Jianhua, the chief executive of Hong Kong at the time, said: "We have no choice! ”

There was no turning back from the bow, and everyone knew that there was no room for the two sides to stop.

At this time, the two vice presidents of Huaxia People's Bank and Huaxia Bank have quietly come to Xiangjiang with 80 billion Hong Kong dollars, ready to fight at any time.

In the afternoon, 13:00.

The stock market is open as usual.

The Hong Kong government suddenly made a move, using the Exchange Fund and the Land Fund, and entering the stock market and the Hang Seng Index futures market at the same time.

There is only one core purpose - to stabilize the Hang Seng Index!

This is the day when the horn of the decisive battle of the brave wins when the narrow road meets.

As of the market close, the Hang Seng Index rebounded by more than 560 points, or 8%, to close at 7224 points!

This time.

There are only eight days left until the settlement date of Hang Seng Index futures!

At five o'clock in the afternoon.

At the entrance of the Hong Kong Monetary Authority, in front of many foreign media reporters, Financial Secretary Tsang Jinquan's speech was full of eloquence: "The authorities have a lot of resources to repel international speculators in one fell swoop!" ”

A reporter asked: "The yen has fallen to a new low in eight years, will it put pressure on the Hong Kong dollar linked exchange rate?" Will the RMB be lost? ”

Zeng Jinquan said: "Huaxia has made it very clear that there is no need to change the RMB exchange rate. In the short term, there will be no pressure on the RMB to depreciate. But the uncertainty of the yen is a fact, we have known it for a long time, so there is no need to panic. ”

Another reporter asked: "If hedge funds from all over the world come to work against the Hong Kong government, will the Hong Kong government still have confidence?" ”

The Secretary for the Monetary Authority, Mr Leung Siu-man, smiled, "We are very welcome! ”

Meanwhile.

The other side of the Pacific Ocean.

Wall Street, New York.

Quantum Fund Office.

"Jones, have you all the money been allocated?" Soros asked anxiously.

Now he's worried.

According to the news from the inside line of Xiangjiang, it is very likely that the Hong Kong government has received help from Huaxia!

It is preliminarily estimated that it will not be less than 80 billion Hong Kong dollars!

When he received the news, he was taken aback, he didn't expect Huaxia to be so determined to defend the Hong Kong dollar exchange rate.

It's definitely a big hassle!

So, he urgently held a joint meeting with several other Wall Street conglomerates.

In the end, they decided to allocate more funds to give the Hang Seng Index a strong blow!

If they withdraw at this time, the whole world will laugh at them.

As for the foreign exchange market, the previous attacks did not work, and it is clear that the Hong Kong government has set up a steel defense line in the foreign exchange market, and the price to pay for breaking through is too great.

Therefore, a large number of European funds and investment companies switched to the Hang Seng Index and decided to start a decisive battle in the stock market and the Hong Kong government.

No one thought that the Hong Kong government would be able to resist their combined attack, because they had won too many times before.

This time, it will not be an exception.

Just when the outside world was turbulent, Infinity made a decision that shocked the whole of Hong Kong.

All staff, seven days off!

After countless media received the news, they were choked and almost spurted out a mouthful of old blood.

Wasn't it still very high-profile two days ago, and he also called on all Hong Kong citizens to be long in the stock market, claiming to be optimistic about the development of Hong Kong's economy.

The story is so great and righteous, and it is deeply moving, but the company has a holiday in less than two days?

Or leave it for seven days!

Should you take annual leave? Is Infinity scared?

Funk?

Just when the outside world was questioning, the general manager of Infinity, Chen Jie, suddenly became a special guest and appeared on a financial program on Phoenix Channel.

On the show, he once again stood up and said: "Soros will definitely lose this time!" ”

"Mr. Chen, on what basis did you come to this conclusion?" Dr. Hu Sen, a well-known economist in Hong Kong, who was also a special guest, asked.

Chen Jie was dressed in a decent suit, sat on a high stool in the studio, faced the camera, and said confidently: "Obviously, the sharp rise in the stock market this afternoon is a signal for the Hong Kong government to start a counteroffensive, not to mention, the Hong Kong government also has a secret weapon, which can definitely give the international bears a fatal blow!" ”

"Mr. Chen, what kind of secret weapon is it? Can you tell us a little bit about the audience in front of the TV? The beautiful host adjusted her sitting posture slightly, and asked Chen Jie with her legs facing each other.

"Hehe, well, you can think about it, who is behind the Hong Kong government....."

"What?! Mr. Chen, you mean, that side is also involved? Hu Sen asked, somewhat shocked.

"Well, I don't know ..... yet."

....

Just when Chen Jie appeared on the TV station and talked eloquently.

Infinity company, in the trading room, is still brightly lit.

More than 30 traders and more than a dozen company executives were busy in front of their computers.

HSBC Holdings.... Black Rock, Inc.... 9% of the total share capital.... 0.0055%....

Yellow River Industry... Lin Jiacheng.... 12.6%.... Lin Zeju.... 2.67%...

Wharf Group.... WF Investment Partners Limited.. 23.7%.... Crystal Pond Limited... 7.2%...

New World Development.... Cheng Kar-shun... 2.73%... Ho Hou Hun 6.87%...

.....

Shareholder data is constantly screened out by traders, and then recorded in detail on paper, and made eye-catching notes.

There are 33 constituent stocks of the Hang Seng Index, and in addition to Infinity, there are also 32 constituent stocks of the Hang Seng Index, all of which are important companies in Hong Kong.

Among them, the smallest has a market value of more than 30 billion.

Chen Weidong must use limited funds to find out the stocks that Soros may have a heavy position in from the 32 Hang Seng shares, so as to formulate a detailed disk protection plan.

If you make a mistake in judgment, not only will you not be able to save the market, but you will also put all your own funds into it and become a real pick-up man.

100 billion funds is nothing compared to the market value of the 32 Hang Seng Index constituent stocks of nearly 4 trillion Hong Kong dollars.

If it is not used well, it will not only fail to leverage the stock market, but may be crushed by the collapsed boulder.

In order for the plan to be successfully implemented, Infinity has prepared more than 3,000 securities accounts, each of which has been allocated a certain percentage of funds.

More than hundreds of millions, less millions, tens of millions.

On average, each trader here manages nearly 70 accounts.

This workload is a great challenge for everyone.

Each of them has been in the industry for more than 10 years.

Their vision may not be the best, but their trading techniques are definitely the most proficient.

Pending orders, canceling orders, placing orders, reversing, suppressing, absorbing chips, grabbing chips......

In their long careers, buying and selling stocks has become an instinct for them.