Chapter Ninety-Eight: Great Miracle Day
The four richest people in Hong Kong joined forces to push up the market, and the enthusiasm of the market was fully stimulated
After the Hang Seng Index broke through the 10,000-point mark, it seemed that there was no resistance and soared!
The middle class in Hong Kong has also entered the market one after another, and global long institutions have poured into the stock market to scramble for funds.
At one point, there was a strange sight in the market where money could not buy stocks.
11523.
12624.
13578.
14776.
15128.
The Hang Seng Index is a stunning ride that shocks the world!
...
4 p.m. sharp.
With the sound of a crisp bell, the Xiangjiang stock market finally ended this thrilling five and a half hours!
The Hang Seng Index is frozen at 15629 points!
Up to 108% on the day!
The day's turnover set a new record in the global stock market, reaching a terrifying 627.38 billion!
The average turnover rate is 9%.
In the entire Xiangjiang stock market, there are more than 500 stocks, and almost all of the company's stock prices have more than doubled.
Close to the share price before the Asian financial crisis.
this day.
Countless Xiangjiang shareholders will never forget it, and deeply experience the feeling of going from hell to heaven.
The linked exchange rate is kept!
The stock market is back!
This is the real "Miracle Day"!
The Greatest Victory!
Cheers from the whole city!
Several major supermarkets have launched one-off shopping campaigns, and many restaurants and hotels have also announced free drinks to celebrate this historic moment!
Followed by.
A number of institutions on Wall Street went bankrupt, Soros was suspected of withdrawing from the stock market, a number of good news came, and the stock market in the Asia-Pacific region also rebounded to varying degrees.
The Nikkei surged 3.6% in late trading.
The Mauritian RTS index rebounded 5.4%.
South Korea's Kospi jumped 8.9%.
...
Looking around our rivers and mountains, we are covered in bruises.
Throughout August, in more than a dozen trading days, the Hong Kong government used the equivalent of HK$280 billion in capital reserves to maintain the stock market.
In order to defend the linked exchange rate, the five million people in Hong Kong paid an average of more than 50,000 Hong Kong dollars each.
The surrounding countries are not even better there.
The gap between the overall economic level of the Japanese and the United States is widening wider and wider.
Economic growth in the second quarter of this year fell by 3.3 percent from a year earlier.
This is the third consecutive quarter of decline in the Japanese economy.
Many analysts are pessimistic that the country has entered the worst economic recession in the past 50 years.
Thailand's stock market has lost 90% of its market value, the currency market is in turmoil, and prices are soaring.
Indonesia lost the gains of a generation of development almost overnight, in foreign exchange terms.
Indonesia's economy is estimated to fall by about 17 percent this year compared to last year.
Malaysia has simply closed its doors, imposed exchange controls, and stopped dealing with foreigners on the capital account.
From the Asian financial crisis in July last year to the beginning of this year, there have been about hundreds of billions of dollars of capital flowing out of Asia, and now it is only a lot more.
The phenomenon of the bursting bubble economy, sluggish market demand, and low investment returns leading to the drying up of funds and the reluctance of banks to lend is like a ghost hovering over the Asian continent.
"Ah Wei, I won!"
Chen Jie rushed into the ward and couldn't wait to share the good news with Chen Weidong.
"Shh~"
Li Xi'er made a silent gesture.
"What's wrong with Ah Wei?"
Chen Jie hurriedly leaned over.
"He just fell asleep, don't disturb him." Li Xi'er explained in a whisper.
After Chen Weidong closed the stock market, he closed his eyes and fell asleep, and now he doesn't care about anything, he just wants to sleep well.
These days, he's mentally stressed, but he can't show it.
Because he knows very well that negative emotions are contagious, and it is better to bear them all by himself than to let others bear the same pressure as himself.
"Guess how much money we made this time?"
Chen Jie couldn't hide the excitement on his face, and kept walking around the ward.
He could now finally experience the feeling of being in high places.
Lin Hai told him that when they were below 7,500 points, they swept more than 600,000 orders.
According to the current HSI futures index settlement of 15600, a long contract can earn more than 400,000 Hong Kong dollars, more than 600,000 contracts.....
"Tens of billions?"
Li Xi'er saw his stunned appearance and casually said a number.
"Hehe, I'm embarrassed to speak for tens of billions, tell you, don't be scared, at least this number." Chen Jie smiled and made a gesture.
"200 billion?!"
Li Xi'er blurted out, and then quickly covered her mouth, she glanced at Chen Weidong and found that he was still asleep, and couldn't help but breathe a sigh of relief.
"So much money, how to spend it."
Li Xi'er was shocked, and the eyelashes on her eyes trembled slightly.
She didn't expect that Chen Jie really made a great contribution this time, and he made so much money, is there still suspense about the richest man?
"Let's wait for Ah Wei to wake up, I'll take Lao Feng and them to dinner first, and I'll bring you one when the time comes?"
Chen Jie danced excitedly, just wanted to smoke and broke the cigarette, he calculated this number before he left the Stock Exchange, and even ignored the interview with reporters and media, and drove back directly.
"No, he can't eat greasy."
"Okay, you take care of him."
....
Inside the Hong Kong Monetary Authority.
Zeng Jinquan and others gathered together, and they were also full of elation.
None of them expected that this would be the end of the day.
I thought that the Hang Seng Index was about to fall, but suddenly a mysterious fund came out, which caused the stock market to rise by 1,500 points, which caught everyone off guard.
Later, the four richest people in Hong Kong entered the market and pushed up the stock market, and the HKMA barely intervened, and the Hang Seng Index rebounded to more than 15,000 points, which is a miracle!
"This person named Chen Jie has made a great contribution." Zeng Jinquan couldn't help but sigh.
If Chen Jie hadn't entered the market at a critical moment, this financial defense battle would have failed.
At 4 p.m., after the Hong Kong stock market closed, the Hong Kong Government immediately made a telephone call to the mainland to report on the specific situation of the war.
The high-level of Huaxia, who is known for his iron-faced selflessness, praised it greatly after hearing about it, and said: If you have the opportunity, you must meet this young man!
There is even a reporter from the imperial court station, who is ready to do an exclusive interview, and is already on the way to Chen Jie's hometown.
"It's true, I went to their company two days ago, and when they told me that they were going to enter the market, I didn't think so, I didn't expect them to give us such a big surprise." Liang Zhaomin also said with deep feelings.
"It's almost fifteen billion, where did they get so much money?" Secretary for Financial Affairs Yam Chi-kong was a little puzzled.
A small private equity company with such a huge cash flow has to make people a little suspicious.
"Well, I also sent someone to investigate, of which 100 billion was earned by sniping the currencies of many countries during the Asian financial crisis last year, and 50 billion was borrowed from Lin Jiacheng." Liang Zhaomin explained with a smile.
"I see, but they're too powerful, right, and they actually earn more than Soros?!"