Chapter 349: Chen Daojun Wins a Big Victory (Ask for a Monthly Pass!) )
"Director Jin, may I ask if the recent rumors in the market that the Xiangjiang Mansion came to the rescue of the Hang Seng Market are true?"
Not long after Soros broke the news, a large number of reporters gathered in front of the office building in Xiangjiang Mansion early in the morning.
As soon as the figure of the current director appeared, these reporters rushed forward regardless of the obstruction and surrounded him.
"Hong Kong has a good economic outlook, a balance of payments, and no external debt problems!"
While squeezing out with all his might, the secretary answered the reporter's question with a smile on his face: "So the speculation of international speculators on the Hong Kong dollar is unreasonable, but they did exactly it, which just shows that they have ulterior motives." ”
"But Director Jin, you haven't answered the question just now, is the rumor about the rescue of the city in Xiangjiang Mansion true?"
The reporters simply ignored the "great shift" of the current director, and still stubbornly and tenaciously asked.
Escorted by bodyguards, the director had barely squeezed into the front of the car, but after hearing this question again, he turned around, faced the long spear and short cannon, and said solemnly:
"Regarding the rumors in the market, neither the Heung Kong Government nor I have the task of clarifying or confirming these rumors, but what I must tell the people of Hong Kong is that no matter what decision the Hong Kong Government makes, its ultimate goal is for the overall situation of Hong Kong and the interests of the general public, and we are confident and determined to defeat the international speculators, and I am here to promise that we will never waste every penny of taxpayers' money, and we will never compromise."
At this point, the meaning of what the Secretary General wants to express has been fully said.
After saying "sorry" to the reporters, he slipped into the car and drove away under the watchful eyes of the spotlights and cameras.
"Hey, what the hell did he mean?"
A reporter who had just entered the industry pulled the sleeves of the people around him when others were not paying attention, and muttered in a low voice: "Brother Chen, why do I think he didn't say anything?" Did you use the funds to support the market? ”
"Still don't understand?"
The elderly reporter named "Brother Chen" replied in a disdainful tone while quickly jotting it down in his sketchbook:
"Notice his last sentence, 'Don't waste every penny of taxpayers,' that's what he's telling us, if you don't use the money to support the city, then why would he add that? Isn't that obvious? You're still too young and naïve! ”
"Well done!"
When the European and American markets closed, Soros, Robertson and others gathered in the most famous Spanish restaurant in Downtown New York to celebrate.
Just a few hours ago, the Dow Jones Industrial Average plummeted from a peak of 8,656 points to a close of 8,525, a drop of 131 points, or 1.43%.
In the past month, the Dow Jones Industrial Average has fallen by 700 points, from a high of 9,000 points to less than 8,700 today.
These are nothing, and more importantly, due to the big hair, the Dow Jones Industrial Average does not see any hope of rushing to 9000 points again in the short term.
The Damao market, which Soros named in the article, fell by 6.03 points on this day.
Don't underestimate the 6.03 points, you must know that the current Da Mao index is only about 100 points, and the decline of these 6 points is already a 5.48% decline.
Compared with 571 points in October last year, the market value of the Damao stock market has evaporated by as much as eighty percent in less than a year, which can be described as the worst decline in the global market.
As soon as Soros's remarks came out, some analysts commented that although the currency depreciation may stimulate Da Mao's exports, Da Mao has never been known for exports, on the contrary, it will exacerbate the outflow of funds because of this remark, so Da Mao's stock market may continue to fall, and even fall to 70 points.
In fact.
Damao's capital market has just started, and there are very few listed companies, so there is not much practical significance in investing in these companies.
The reason why hedge funds are so bullish on gross is that in addition to shorting their currencies, they are focusing more on their Treasury bonds with frighteningly high interest rates.
Now, they have finally succeeded in once again stirring up the market's doubts about the credit problem of Da Mao Treasury, or the expectation of default on Da Mao Treasury.
Robertson first raised his glass and bowed slightly at Soros across the table to show respect: "Not only New York, London, but even Frankfurt's index is falling, it seems that this wave of expectations about the future of Da Mao is indeed very serious, but in this way, we have more hope of making a profit!" ”
He said confidently.
As for the big gross treasury bonds, the market is currently speculating whether it will default, and will the IMF led by country M sit idly by? Although they all know it in their hearts.
Compared with other government bonds, this treasury bond has a risk of default several times to dozens of times. 、
However, it is precisely because of such a serious default risk that the yield of large gross treasury bonds has increased significantly, and the possibility of making profits has also increased significantly.
Now, that's what New York's hedge funds think and think.
They firmly believe that because powerful economies such as country M and Europe will not allow Mao's nuclear weapons to spread around, even after Da Mao makes it clear that he will not comply with the IMF's economic reform measures, these countries will still help Da Mao tide over the current difficulties.
Therefore, they think that the opportunity has come, taking advantage of the market panic to absorb a large number of Damao's low-priced government bonds, and when Europe and the United States come to the rescue, these government bonds will return to the normal price level, and then they can make a lot of money.
According to an internal report by the Quantum Fund, the final yield on this Treasury bond is very likely to exceed 70%, for which they have invested a full $3.5 billion in positions, hoping to use this opportunity to make the most profitable deal in history.
That's why Soros even risked offending Da Mao, and went into battle shirtless himself!
If you don't enter the tiger's den, you can get the tiger!
And for Robertson and others, they all think so, and they all operate in this way, in addition to Xiangjiang, they also invest a huge position in Da Mao's national bonds.
Of course, in addition to these few, other Wall Street funds have also invested a significant amount of positions, and the whole of Wall Street is betting on big gross Treasuries.
It should be said that the entire Wall Street is betting on the IMF, on the reaction of country M and Europe to Da Mao.
That's why they hired a large number of retired dignitaries from Europe and country M to fully and in detail study the various risks and serious consequences that would arise in the event of a default on the Damao national debt.
In the end, they agreed that those in power in Europe and country M would not allow Da Mao to default on its national debt, because the final consequences were not something they could afford.
"How can a country as big as Da Mao default on the contract?" This sentence also began to circulate around Wall Street.
After the decline in the Damao market, several people couldn't wait to sit together and start celebrating each other.
"It's just a pity that the Xiangjiang market did not fall as expected!"
Several people laughed and chatted, and the words "million" and "billion" that came out of their mouths from time to time made the waiter who served the food tremble for a while.
Just when he was full of wine and food, Miller suddenly let out a long sigh and said this.
"That's right, that's a problem!" Soros wiped his mouth with a white cloth and snapped his fingers into the air.
After motioning to the waiter to take away the plate, he said, "I really didn't expect that Xiangjiang Mansion would risk being criticized to save the market, they don't want a 'free trade port'?" ”
"This is indeed a serious problem!"
Robertson also spoke: "Although we also expected this kind of government intervention in advance, we all thought that it was unlikely, but who would have thought that the current Xiangjiang Mansion would really do this?" Oh God, the slam they've received is enough to make them uncomfortable for a while. ”
"Not bad!" Miller chimed in:
"I have always thought that Xiangjiang is known for its economic freedom, and now in order to save the capital market, they have given up this advantage, it is really incredible, this kind of Xiangjiang is both a referee and an athlete, how much freedom can the market under it be? Oh my God, they really want everything! ”
Miller continued: "Although the current index is far from the average position of our positions, it is difficult to guarantee that they will not raise the index to the level where we opened positions in the next few days, and if the Hong Kong dollar cannot be attacked, coupled with the losses on the Hang Seng Index futures, we will really fail in the Hong Kong market!" ”
"Don't you understand the gravity of the matter? Gentlemen! The last sentence he uttered almost angrily.
"Relax!"
Seeing that Miller was really anxious, Soros hurriedly spoke out to comfort his number one assistant: "Think about it, my friend, as long as we continue to adhere to the tactics of attrition, and suddenly increase the offensive one day in the future, and consume its funds from two aspects, when that time comes, I am afraid that no matter how much Xiangjiang Mansion boosts market confidence, I am afraid it will not be able to offset the negative impact from the Hong Kong dollar!" ”
"What do you mean?"
Miller looked puzzled, looked down and thought for a long time, and when he looked up again, he found that several other people were staring at him motionlessly, and this discovery made him think.
"Come suddenly at a certain time, so that the rescue measures of Xiangjiang Mansion will be useless? Do you already have any plans? ”
"Not bad!"
Robertson nodded appreciatively, and after glancing at Soros, he saw that the other party bowed slightly, and then continued:
"For Xiangjiang, we do have a preliminary plan, now you can discuss it and see if there is anything to add, the specific strategy is that even if Xiangjiang Mansion makes a move, we will continue to attack and strive to achieve the maximum benefit effect!"
"Futures?" Miller reacted immediately and blurted out, "The futures index in August, I don't plan to transfer positions, just fight with Xiangjiang Mansion on the last calculation day of August?" I understand! ”
"Naturally, it's going to attack!" Robertson looked at Soros and firmly confirmed:
"The scale of funds we can use is enough to hit the Xiangjiang market again, and even with the support of the Xiangjiang government, we can quickly use up their funds! Of course, in order to teach them a lesson, we have to let them know what the consequences of intervening in the market are! ”
At the same time, when the news came out of Xiangjiang.
Many Wall Street bigwigs began to take a clear stance to criticize the bailout of the Xiangjiang Mansion and publicly predicted that the Xiangjiang Mansion would not succeed, which surprised market observers.
While they were puzzled, they also deeply pinched a cold sweat for Xiangjiang Mansion.
Sure enough, after making a statement on the bailout of Xiangjiang Prefecture, other institutions and prestigious individuals followed suit and launched a tidal wave of criticism of Xiangjiang Prefecture.
The Wall Street Journal published a lengthy article criticizing the bailout of the Hong Kong government, with an even more sensational headline: "Xiangjiang has made a big mistake!" ”
The more professional financial institutions have published relevant research reports for the first time.
The combined number of pages of the reports of the three agencies is 48.
In this report, analysts unanimously agreed that Xiangjiangfu's behavior was "all-or-nothing", no different from D-Bo.
If the Xiangjiang government finally fails, it will not only give the hard-earned money of the Xiangjiang people to international speculators, but also lose the initiative to defend the currency, and may even lead to the eventual failure of the linked exchange rate system.
Another well-known expert said: "The intervention of the Xiangjiang government in the market has created an extremely bad precedent, and the consequences may be endless, even if the Xiangjiang government can finally defeat the international speculators, but the status of the international financial center of Xiangjiang will be damaged as a result, and investors will be scared away because of this behavior of making and participating in the game, and in the long run, Xiangjiang will be greatly hurt because of today's decision......
That's a fair statement, but another economist was unceremonious.
He pointed out that someone in the Xiangjiang government should be held responsible, and even suggested in an interview with reporters: "The Xiangjiang government should dismiss the senior officials who made this decision as soon as possible and send a positive message to the market to correct the mistakes made before." ”
Of course, there are many other economists who have criticized Xiangjiang's bailouts, but some are purely academic, and some are as ill-intentioned as the Wall Street Journal.
For a while, criticism came one after another, and most of them were well-known figures or institutions, which made the current director of the department who made the decision suddenly feel more pressure.
Although these criticisms can't change anything, another news of the day really made Xiangjiang Mansion feel really troublesome!
In the morning, the rating agency Standard & Poor's hinted that it may downgrade the sovereign rating of Hong Kong's foreign exchange.
They claimed that the intervention of the Hong Kong government in the Hong Kong stock market and futures market had changed the structure of Hong Kong's foreign exchange reserves, thereby increasing the risk of defending the Hong Kong dollar exchange rate and weakening the government's financial support capacity.
Standard & Poor's hinted that it may downgrade Hong Kong's long-term foreign exchange ratings to A and A1 from A+ and A1+ respectively, as well as downgrade the long-term rating of the Hong Kong dollar from A- to A+ and the short-term rating of the Hong Kong dollar from A1+ to A1, and the long-term outlook may change to negative.
Standard & Poor's also hinted that it could downgrade Hong Kong again in the near term if the Hong Kong dollar's linked exchange rate is shaken, or if the Hong Kong government moves to further reduce fiscal support for the Hong Kong dollar.
If the criticism of celebrities and experts in the past can be regarded as academic discussions, then the threat of the rating agency is now a sharp sword, directly on the neck of Xiangjiang Mansion.
As the grade of debt, credit, currency and other underlying objects declines, it will face a series of risks such as financing, default and confidence, which will eventually affect all aspects of economic life.
Of course, since there is criticism, there are also voices of support.
A group of financiers, tycoons, economists, and ordinary citizens, led by Huaxia and Xiangjiang, expressed a warm welcome to the rescue of the Xiangjiang Prefecture.
Huo Lao publicly stated that he fully supported Xiangjiang Mansion's approach, but did not comment on whether this matter was right or wrong.
"We have no choice!" In an interview, he said.
In the interview, he also revealed that he did not lend out the stocks on hand, and he did not sell short in the past, nor will he do so now, nor will he in the future.
Cao Biao took the initiative to be interviewed by reporters and said that the reason why Xiangjiang Mansion made a brazen move was entirely because international speculators stirred up trouble and disrupted the normal financial order of Xiangjiang, so it was necessary for Xiangjiang Government to take necessary interventions.
At the same time, he also said that the Xiangjiang Mansion's actions came too late and should have acted sooner.
An anonymous commentator wrote in the newspaper: "In today's world, where the principle of free market only exists in the minds of economists and in textbooks, government intervention in the market is an extraordinary measure, which will inevitably cause some people in the outside world to have doubts about the operation of Hong Kong's financial market, and tarnish the status of Hong Kong as an international financial center." ”
There is a twist at the end of the article; "Although the government of country M keeps praising the people for sticking to the undefeated Hong Kong dollar, a considerable number of international speculators who are making waves in the Hong Kong financial market are from the background of M capital, who knows whether the M parliament supports Hong Kong at the critical moment, or in turn pushes Hong Kong ......"
……
"It's so lively in the newspapers!" Park Chang-ho threw down a newspaper and shook his head with a sigh.
"This thing is really 'you sing and I will appear', it's too lively!"
Shinnosuke took the newspaper. After taking a closer look from beginning to end. Only then did he grin and say to Chen Daojun, who had just entered the door, with a smile: "Boss, how much pressure have you shared for them!" ”
"I'm afraid they don't have the heart to care about this!"
Chen Daojun took off his suit, hung it on the hanger, and loosened the tie around his neck, then took the newspaper from Xin Zhi's assistant, and after a general glance, he said to the two people who looked at each other:
"You know what? Today, the speculators have stepped up their efforts to sell the Hong Kong dollar, and now they are busy with the current quota, staring at the real-time exchange rate of the Hong Kong dollar all the time, for fear that one accidentally will let the speculators break through the 7.770 mark! ”
"Really?" Park Changhao's face suddenly changed greatly, and after frowning and thinking about it, he asked puzzledly:
"It is said that after the bailout, many hedge funds have begun to retreat, and they have gradually made up for their positions in the Hong Kong dollar market, and are ready to leave, young master, your news is really surprising!"
"It's a surprise!"
Chen Daojun nodded, and after glancing at Xin Zhisuke, who was also solemn, he continued:
"The focus of the problem is not on those small hedge funds, in fact, as long as the Quantum Fund and the Tiger Fund do not retreat, even if someone else retreats, as long as they raise their arms, they may soon enter the market again, so the HKMA does not dare to be careless."
"According to their inference, at present, international speculators have sold at least nearly 190 billion Hong Kong dollars of positions, and in the case of temporary inability to benefit from the stock market, they have shifted their focus to the Hong Kong dollar spot market, preparing to use the linkage effect between the two markets to depress the index again and achieve their goal of shorting Hong Kong stocks."
"190 billion Hong Kong dollars? Oh, my God! ”
Xin Zhisuke let out a low sigh, and his face turned extremely pale: "What a big number is this, just the daily interest...... I'll do the math...... At least tens of millions! ”
He didn't say the exact number, but it was enough time for the others to come up with an approximate number.
Therefore, Park Chang-ho's face also changed.
"This is really the Eight Immortals crossing the sea, each showing their magical powers!"
Shaking his head, Chen Daojun tried hard to expel this annoyance from his head, and then returned to his normal state of mind: "Prepare to open the market!" Observe the market today before preparing to make a move! ”
"Today we only do one thing, and that is to buy!"
After discussing with Park Chang-ho and Shin Zhisuke for an early morning, after everyone was in place, Chen Daojun loudly announced the strategy for today's transaction:
"Stocks of all index components are bought, with a focus on those stocks that can have the greatest impact on the Hong Kong stock index, especially HSBC Holdings!"
"Target price? How much money? The traders were quick to point out two key figures.
Although they had all heard about Soros's article, Chen Daojun, the boss, chose to be fearless and made the decision to let go of his hands and feet, which still boosted their confidence.
Most importantly, Chen Daojun also told them that at the end of today's market, there will be a news that will strongly stimulate the market, and even completely turn the situation around.
"7 billion Hong Kong dollars!" Chen Daojun stretched out an arm, stretched it high, and made a gesture of seven: "We want to hold up the big plate to 7,000 points!" ”
"Good!" The researchers and traders applauded, and the atmosphere reached its highest point in an instant!
"Squandering" 7 billion Hong Kong dollars in a single day is simply something that most of them dare not think of in their trading careers.
This number means that they can buy whatever they want, and they can buy as much as they want.
You must know that the current stock of HSBC Holdings is only 60,000 Hong Kong dollars, and to consume this capital, you need to buy close to 120,000 hands to consume it.
Although compared to HSBC Holdings, which has a total share capital of more than 40 million contracts at this time, these are just a drop in the bucket.
However, the inflow of 7 billion Hong Kong dollars in a single day is definitely a big move that can detonate the stock price for the current HSBC Holdings, and its stock price may rise by several percentage points.
The rise of HSBC Holdings, which accounts for 15% of the market value of the entire Hong Kong stock market, can drive the entire market up.
Soon, when the auction period ended, investors were surprised to find that the Hang Seng Index had soared all the way to the green, and it seemed that it was not affected by last night's Soros article at all.
Although the market that did not fall but rose attracted their attention, not many people followed the order at first, because they did not know what it was all about.
At the opening of 6890, the overwhelming buy orders were filled with the buyer column of the constituent stocks, many of which swept away the original sell orders at the corresponding price in an instant, and then the stock magically turned red to green.
Prices began to skyrocket.
This situation is most obvious in the trading column of HSBC Holdings, where 1,700 lots were originally listed at the price of HK$149.
But when the time for free trading arrived, there were immediately buying orders that began to quickly eat away at the sell orders here, and half of the 1,700 sell orders were consumed within five minutes.
Naturally, the bears will not rest on their laurels, after a moment of sluggishness. They began to gather at the 170 level again, throwing a lot of selling orders.
But contrary to what they expected, the buyer didn't seem to care how much they threw at all, just ate in, ate and ate again, and soon, the defense of 170 was breached again.
The other party is unstoppable, so retreat first.
Thinking so, the empty side soon began to retreat gradually.
After another thousand lots of selling between 152, 153 and 154, a line of defense was re-stacked around 155.
According to their estimates, the other party ate more than 7,000 hands of HSBC Holdings so ferociously.
There should be a lack of succession in terms of funding. So they waited there all their time, waited until the other started to throw back, and then broke it down in one fell swoop.
However, today's script is not destined to be written by them.
As more and more buying orders emerged from the constituent stocks, the prices of many stocks rose, and the entire Hang Seng Index also rose.
After the index rushed to 7,000 in one go, many small and medium-sized investors also rushed to enter the market as if in a dream and began to buy behind this stock.
As a result, when creating a wave of the entire market, the bears will have to retreat, after all, they will not be able to oppose the whole market.
Heung Kong Telecom, Huade Real Estate, Sun Hung Kai, Changhe Industrial and other real estate stocks rose particularly obviously, breaking through 5% at noon, and with the recovery of real estate, finance and other sectors, other sectors have also risen.
By the time of the noon auction, the Hang Seng Index had risen by 351 points to 7,214 points.
Although most people in the market still do not understand why the Hang Seng Index has skyrocketed, this does not prevent them from entering the market to chase the rise.
As soon as the market opened in the afternoon, the upward momentum of the index did not decrease at all, and the main funds bought did not break, and the market continued to be optimistic!
It's just that on HSBC Holdings and Heung Kong Telecom, the bears began to snipe tenaciously, after all, this is a super heavyweight stock, as long as the price of these two stocks can be knocked down, it is difficult to say who will die or live in the future.
Gradually, as HSBC Holdings' trading volume skyrocketed, investors in the market began to look here.
In its buy and sell columns, the long and short sides quickly and frequently change hands, and the number of lots traded at almost every minimum price reaches hundreds of lots.
However, to the surprise of the bears, no matter how much money they mobilize and how many HSBC shares they sell, the bulls seem to be able to move forward. Since they were the biggest sellers, they knew almost everything about selling in the market, and they soon discovered a phenomenon that made their hearts flutter.
The bulls didn't spit out any HSBC Holdings shares, even though the price rose by as much as nine spreads.
"Just swallow and don't vomit!"
The party who sells short mutters in his heart, what is the situation?
Because it's not at all in line with a normal trading strategy!
Generally speaking, using such a large amount of funds to buy a stock, and once there is a situation of following the trend, the operating party will inevitably take the opportunity to spit out a part, which may alleviate the financial pressure, and the second is to settle down.
But the other party has no intention of converting it into cash at all, and still keeps buying, buying, and buying again on HSBC Holdings!
Therefore, although the bears had doubts in their hearts, they did not dare to be careless at all, and frantically mobilized the shares of HSBC Holdings borrowed from various brokers to fill in the battlefield here.
In the frantic wrestling between the long and short sides, HSBC Holdings directly turned into a meat grinder, consuming the continuous investment of both sides, and the amount of money simply stunned everyone who noticed the battle here.
Almost every time buyers and sellers sell and buy, they are not less than 100 lots, that is, 6 million Hong Kong dollars, and the number of hands traded by both sides can even reach thousands of hands per minute, that is, 60 million Hong Kong dollars conversion.
However, this kind of scramble did not distinguish a winner until the end of the morning market close, and finally the share price of HSBC Holdings stayed at 158 yuan, after all, it did not rush above 160, and the whole day rose by 4.6%.
Under the entry of a large number of funds, Hong Kong stocks soared 584 points all day and closed at 7224 points, an increase of 8.3%, sweeping away the decline of some time ago, and really raised their eyebrows!
"Boss, what about the good news you said?"
When the closing bell rang shortly after, most of the people were still immersed in the joy of the Hong Kong stock surge, and the trader who had regained his composure asked Chen Daojun loudly.
As this question sounded, the trading hall, which was still full of people, immediately fell silent, and everyone's eyes turned to Chen Daojun, waiting for his answer with complicated expressions.
Although on this day, under the promotion of their efforts, Hong Kong stocks rebounded against the market rarely, but after calming down a little, they immediately realized that this way of simply relying on funds to promote the index up is not reliable, or in other words, it cannot really and permanently change the market.
After all, they were just caught off guard.
If there is no major positive news for you, the upward momentum caused by today's rally in the stock market will be like a passing cloud tomorrow, and it will soon disappear without a trace.
So after reacting, everyone turned their attention to Chen Daojun.
I saw Chen Daojun smiling, his slender fingers swaying slightly towards everyone, signaling everyone not to worry, and then took out his mobile phone from his arms, and after fiddling with it, he pointed to the opposite wall.
Following his fingers, everyone found that Liu Dawei, who was in a suit and leather shoes on the TV on the wall, looked like a dog, was still talking about today's market information in the guest seat.
It's just that he has a solemn expression on the screen, a solemn tone, and a witty and sky-high comment on weekdays is completely like two people.
Although I think Liu Dawei's performance today is very strange, what does his performance have to do with today's good news?
Just when everyone was puzzled, I saw Liu Dawei suddenly lower his head, looked at his waist, and when he raised his head again, Liu Dawei's face had been replaced by a smile.
"Mr. Liu Dawei, what do you think of today's market?"
The beautiful female anchor immediately noticed this detail, and after waving her hand to interrupt the chatter of another guest, she turned to ask Liu Dawei, who had a smug face.
"As far as I know, there is no too strong positive news in the Hang Seng market today, and last night's markets in country M and Europe fell to varying degrees because of the remarks of financial tycoon Soros, which can be said to be extremely unfavorable news.
However, today, the Hong Kong stock market rose sharply. It's unbelievable, but based on your professional judgment, what would you think is causing it? ”
"What ...... this question" Liu Dawei pretended to think, and after pondering for a moment, he suddenly raised his head and smiled.
"On the cause side. Don't guess! Now it's up to me to unravel this mystery, my informant just told me that the reason why the stock market is rising today is because of the decisive action of the Heung Kong government, which used funds to save the current sluggish Hang Seng Index. ”
"What?"
The female anchor, who had been in front of the camera and had a dignified demeanor, immediately couldn't sit still, and asked again and again:
"Mr. Liu Dawei, are you telling the truth? Is it really the Xiangjiang Mansion that is saving the market? Why? ”
Her expression at this moment can be described as a discoloration.
As a professional host and reporter of a financial channel, basic financial knowledge is necessary, but Chen Shufen's professional level is far more than that.
Before joining the TV station, she was a professional analyst in an investment bank, but because she couldn't stand the high-intensity work for many years and wanted to give full play to her beauty and beauty, she gave up her job with an annual salary of up to one million and joined the ranks of female TV anchors instead.
It is precisely because of her experience working on the front line of finance that Chen Shufen's reaction was so great after hearing Liu Dawei's rescue remarks.
In her mind, Xiangjiang has always been famous for its "free trade", but now the Xiangjiang government intends to abandon this name and directly enter the market to intervene. This strong contrast has made her ignore the fact that this is a live show, and she almost gaffes in front of the camera to question Liu Dawei.
The same reaction as her was another male guest.
The camera clearly captured the extremely shocked expression on Liu Dawei's face after he said the remarks of the Xiangjiang Mansion to save the city.
But he didn't say anything, but his eyes began to drip, and the expression on his face was also uncertain, not knowing what he was thinking.
At the same time, the crowd watching the show also erupted in exclamations with mixed reactions.
And after the initial exclamation, people who reacted quickly took out their phones one after another, some people sought to confirm the news, and some people called the broker directly, asking for immediate replenishment regardless of the cost.
"Isn't he talking nonsense?"
The anger was louder than the exclamation, and after the initial shock, someone quickly reacted and yelled at Liu Dawei on TV, although they knew very well that Liu Dawei could not hear their angry questioning at all.
Today, the funds that hold up the entire market are all from private equity funds, and as far as they know, there is no share from Xiangjiang Mansion at all.
So they can't accept Liu Dawei's statement at all.
There are only a very few people who make this kind of voice, and the vast majority of people have extremely puzzled expressions on their faces, and they are discussing in whispers from ear to ear.
However, only a few people looked at Chen Daojun thoughtfully, and they remembered the sale of the HKMA without warning some time ago.
"Everyone, please be quiet!"
Chen Daojun waved his hand and motioned for everyone to be quiet, and then he glanced meaningfully at Liu Dawei on TV before he continued:
"Regarding Liu Dawei's remarks, in fact, what I mean, what I didn't tell you before is that I have reached a secret agreement with the Xiangjiang Mansion, the main content of this agreement is that I will use my own funds to support the market, of course, in the name of the Xiangjiang Mansion, and the Xiangjiang Mansion will use other measures and means to crack down on international speculators and acquiesce in our large purchases."
"But even if we don't trade with them, we can still buy a lot, can't we?"
Before Chen Daojun's words fell, someone immediately questioned. Soon others realized as well. They all nodded yes.
Chen Daojun nodded in agreement, but the next moment he asked rhetorically, "Have you ever thought that if we don't cooperate with them, we may spread such news?" ”
As he spoke, he pointed to the TV hanging on the wall, where Liu Dawei was still talking.
"I believe everyone should know that as long as the Xiangjiang Mansion acquiesces and does not deny it publicly, then how big is the energy of this news!"
After seeing the person who had just questioned him close his mouth in amusement. Chen Daojun said while the iron was hot.
"As long as we continue to buy in the market, the power of this news will always be there, at least until the end of August, the whole market will be excited by this news, and of course, in September, it will be a different situation!"
"It's just boss, if we can absorb more low-priced stocks before then, combined with today's news, wouldn't we make more money?"
Although he didn't say it explicitly, he had already hinted between the lines that Chen Daojun's previous operation was still a bit conservative.
It's just that he may have forgotten that before that, including Chen Dojun's left and right arms Park Chang-ho and Shin Zhisuke, they all had extreme pessimism about the market, believing that it was not a wise choice to confront international speculators.
The purchase of only a few billion Hong Kong dollars was completed under Chen Daojun's "stubborn" demands.
"I don't know the bottom of the decline of Hong Kong stocks, nor do I know the follow-up measures of international speculators until last night!"
Chen Daojun said lightly, he didn't mean to turn over the old accounts at all, but soon he revealed a hint that made everyone ashamed: "Besides, in order to keep our small funds compared to international speculators, I also have to be careful, right?" ”
"So in the afternoon, what are the follow-up actions?"
After a long silence, someone finally stood up and asked again.
Looking at these employees whose mental outlook has obviously changed, Chen Daojun nodded with a smile, waved his hand, and said proudly:
"Today is the most critical day, and after that, we don't need to spend as much money as we did today, so let's do it!"
",!!"
He was answered by a roar of excitement.
The market continued to open in the afternoon, the main funds of the two sides were still entangled, and none of the parties showed the slightest sign of retreating, and the market turnover basically remained at a level close to 10 billion Hong Kong dollars per hour.
On the other hand, the war between institutions and retail investors is also coming to an end, after all, retail investors can borrow only a limited number of shares from brokers, and institutions also have a natural vigilance against the current treacherous market, after the last session of the morning, the two sides invariably disappeared in the afternoon trading session.
In the current market, except for some fast-in and fast-out ultra-short-term funds that are not afraid of death, most of the rest are main funds, and each of them is bought and sold by hundreds of hands.
On weekdays, these lots can easily raise or lower the price of individual stocks by several percentage points, but today, these lots of funds are as short as fireworks, popping up quickly, and then trading at a faster speed, leaving only a brilliant back to the market.
"It doesn't make sense, the market is too stable, it's really unreasonable!"
After observing for fifteen minutes, Chen Daojun still couldn't believe what he was seeing, he tilted his head and thought for a long time, muttering to himself in a low voice.
It's just that his "muttering" happened to be heard by the traders around him, and the other party immediately couldn't cry or laugh, and the trading volume calculated at 10 billion Hong Kong dollars per hour actually became "the market is too stable" in Chen Daojun's mouth.
You must know that this is definitely a once-in-a-lifetime wave of market in the Hong Kong stock market, at least they have never encountered it in their trading career.
Although they were speechless, they didn't dare to say anything to refute the boss, so they could only continue to operate with a wry smile.
"Oh no!"
At this moment, a trader who was on the phone changed his face and shouted loudly: "Oh no! They already know! ”
Extremely shocked, the trader's voice was extremely high and panicked, and could even be described as heartbreaking.
Even on a noisy trading floor, such a sound immediately caught everyone's attention.
When people's eyes looked at him, they found that his face was as white as earth, his lips were white, and cold sweat was dripping down his forehead. It was a look of utter utter shock.
"What's wrong? What did they know? ”
Chen Daojun frowned and stood up. He strode in the direction of the trader, asking as he went.
Just as he had just taken a few steps, suddenly the bell rang loudly, and the phone of the entire exchange rang at the same time.
The sudden ringing of the bell startled everyone, and after looking at Chen Daojun and the trader, they began to pick up the phone in front of them in unison.
"It's kind of weird!"
Chen Daojun stopped, his brows furrowed high, this abnormality made him feel a little bad, and his intuition told him that the international speculator had used another trick that he did not expect, and it was likely to be the news that caused a sensation in the entire market.
Sure enough, just after three or two sentences.
The traders put down the microphone one after another and looked towards Chen Daojun, their eyes were quite complicated.
There is helplessness, incomprehension, panic, and fear, but more is expectation.
"What news are being spread by international speculators?"
Facing such a complicated gaze, Chen Daojun did not show any panicked expression. It's definitely not a good thing to mess up at this time, and he restrains his emotions well.
"What can make you receive a call at the same time, maybe it is a call from a broker, or a call from a peer, there is no reason for a broker to call at the same time, and among peers, the news spreads the fastest, so it should be your peers calling, at this time, what other news is related to us? If I'm not mistaken, the news released by the international speculators this time is that in fact, Xiangjiang Mansion did not save the market, this is just a smoke bomb, isn't it? ”
This analysis went deeper layer by layer, peeled off the cocoon, and analyzed the unexpected situation just now.
No one said what they heard, except for the first trader who received the call, who blurted out in shock and said a few words, and no one else revealed anything more.
And Chen Daojun, just by virtue of the fact that the phone rings almost at the same time, can be analyzed to such a point, and his strong logical ability suddenly makes the traders admire, and in addition to being convinced, he inexplicably adds a little confidence in his heart.
"Don't worry, this situation has been expected for a long time!"
Sure enough, Chen Daojun's next words gave them a reassurance: "Don't worry, concentrate on doing the things at hand, and I will settle the rest." ”
The traders really put their minds at ease, and when they looked back at the market, they found that unconsciously, the power of selling in the market increased by several points, and the line of defense they originally set at 7350 was already in jeopardy.
International speculators are like taking medicine, very crazy!
Before they could make a move, the international speculators exerted their strength again, and in just a few seconds, the sky-high number of selling orders drowned out the buy orders hanging there, and then the stock index officially fell below 7350 points.
Seeing this scene, the traders hurriedly put away the nonsense in their hearts, retreated while fighting, and hung up a total of 3 billion Hong Kong dollars in the 7210 position.
Even though a large number of buy orders were piled up at the 7210 position, it only took them five minutes to break the barrier again, and the index fell to the range of 7180.
It has fallen by 30 points in a row, although it is a negligible magnitude for the Hong Kong stock market, but the traders have already turned red.
After some urgent deliberation, it was decided that no matter what, it was necessary to snipe the speculators at the 7130 level and not let the stock index continue to fall.
While the traders were discussing countermeasures, Chen Daojun and the others were also quietly discussing how to break the situation.
"They are really ruthless, taking advantage of this time, the chaos caused alone is enough to put us under a lot of pressure!"
Park Chang Ho took a sharp puff of cigarette and said viciously, his face was distorted at this moment, and he was completely a selective expression.
"It's useless to talk about it now!"
Xin Zhizhu was still calm, and after glancing at Park Changhao lightly, he turned his head and said to Chen Daojun: "Boss, what we have to do now is to gradually sell back the positions we hold to the market. ”
"Even if I do this, I can't dispel the doubts of the market, so I instructed Liu Dawei to ......"
At this time, Liu Dawei's figure appeared on the TV on the wall again, the beautiful female anchor covered her ears with her hands, and after listening carefully for a while, her face showed a shocked look uncontrollably, and her apricot eyes widened.
The delicate wings of the nose are flasped one by one, while the cherry mouth is opened in an "O" shape.
After listening to the latest news from the director.
The female anchor has returned to a dignified and virtuous state, but the previous scene has been faithfully captured by the camera.
Therefore, it also successfully aroused the curiosity of the audience in front of the TV, and people speculated about what the female anchor heard that would surprise her so much?
Feeling that the female anchor's pair of wonderful eyes kept looking at him, Liu Dawei felt a little proud in his heart, wondering if he could invite her out for a meal after work, and solve her physiological needs by the way.
As a result, the next moment, a question from the female anchor suddenly knocked him back to reality.
"Mr. Liu Dawei, there was a rumor in the market just now that the current funds to protect the market do not come from Xiangjiang Mansion, and Xiangjiang Mansion is just a false shot, I don't know what you think about this?"
Although he had been mentally prepared, Liu Dawei was still a little flustered when the problem came head-on.
Looking at the beautiful face of the female anchor, Liu Dawei kept saying "God bless" in his heart, tried hard to calm himself down, and pretended to sort out his tie, he covered up the uneasiness in his heart and said calmly:
"Let's not talk about the truth or falsity of this rumor, let's just say that the market has such news at this time, and its intentions are very suspicious, which is enough to deserve our deep thought......
"I'm sorry, Mr. Liu Dawei, I have to interrupt you first, I think you didn't hear my question clearly just now, well, let me ask carefully, at present, the funds in the market to support Hong Kong stocks, is Xiangjiang Mansion not involved?"
The female anchor can sit in this position, naturally she is shrewd, and as soon as she heard that Liu Dawei had signs of blowing a conch, she immediately interrupted the other party's boastful talk.
And the last sentence was bitten out almost word by word.
There was no way to dodge this time, Liu Dawei could only answer stubbornly: "If I say diplomatic rhetoric, such as no comment, I believe I won't be able to pass you." That's why I decided to tell you, and also to the audience in front of the TV, that as a broad investor and a Hong Kong citizen, you have to believe in the determination of the Hong Kong government, and this is the only chance to tide over this difficult time. ”
Although there is no positive answer, the meaning between the lines is undoubtedly an expression of confidence.
The female anchor looked surprised, she didn't know what to ask for a while.
In front of the camera, Director Jin's words undoubtedly gave another explanation to the people of Hong Kong, that is, from beginning to end, the secretary did not admit that the funds in the market came from the government.
The short film of more than a minute made the whole Hong Kong and even the whole world suddenly realize, of course, except for a very few people who have known it for a long time.
"Mr. Liu Dawei, can you explain the current situation to us a little bit?"
With this buffer time of more than a minute, the female anchor has already thought about the next question to ask: "Of course, what I personally want to know most is, are we capable of resisting this attack by international speculators?" ”
After reading the report, Soros ordered the trader: "Throw all the chips in your hand, it's all, success or failure is at the last moment, and at the same time release the news, I don't believe that no one is afraid of death?" ”
"Is this really the moment?"
Traders have thought that there is not much time left before the market closes, and the Hang Seng Index has only moved more than 100 points so far, which is nothing compared to their futures positions.
Although they had doubts in their hearts, they still faithfully carried out Soros's orders.
When the news that the Quantum Fund was going to sell all the stocks on hand came out on the bears' side, the entire bearish camp suddenly boiled, and they realized that the final moment was finally coming!
The decision to succeed or break is in this move, mixed with a blow to the confidence of the citizens of Xiangjiang, which is why Soros wants to release the news!
He picked up the phone and called Robertson: "Get ready, you are my vital force, in the event of a stalemate, directly use the $5 billion stock in your hand to smash the market (2 billion borrowed funds)!" ”
"No problem."
After Robertson hung up the phone, his smile was a little weird.
He's waiting, too!
……
Soon, the Tiger Fund ushered in a wave of inspections by the tax bureau, and even this inspection did not give Robertson any face.
Tax officials rummaged through Tiger Fund's headquarters and even took many of its staff members away.
As Robertson walked out the door, the smile on his face turned into an indignant look.
"Stop, we are a regular fund company, why are you interfering with our normal operations?"
The tax officer who led the team flashed his identity card and said to him coldly: "I'm sorry, Mr. Robertson, someone has reported that there are a lot of tax evasion and tax evasion in your fund, and we are now going to investigate you in accordance with the law, please cooperate with relevant personnel!" ”
"Fake squid, I have always abided by the law, how can I evade taxes, let me tell you, our company now has a big fund investment project, which is about to land, and the people here are not available!"
"I'm sorry, we have a summons certificate, please don't get in the way of our law enforcement!"
The tax officer who led the team showed an unprecedented tough posture in front of his subordinates: "Copy them, sort out all the materials, and take them away!" ”
"I'll see who dares to touch me!"
Robertson's eyes seemed to be red, and he punched the guy in the lead, causing a nosebleed!
And his assistant stepped forward to help him resist the capture of other tax officials, and the scene was a mess!
Until, five minutes later, Robertson was taken away by Jc along with the staff who had come to help.
Unlike the others, Robertson, who lowered his head, showed a triumphant smile on the corner of his mouth.
"Well done!"
After putting down the microphone, Chen Daojun's face was light, and he couldn't see any emotional fluctuations, but if he observed it carefully, he would find that the corners of his eyes twitched slightly, and the corners of his mouth rose slightly, and the news just now still caused him some reactions.
For this sudden call, Xin Zhizhu and Park Changhao were a little curious, at this time they didn't care to observe the change in Chen Daojun's expression, the two walked up to Chen Daojun together, and Park Changhao asked, "Young Master, what's the situation?" ”
"Nothing."
Chen Daojun waved his hand and walked towards the trading floor, saying as he walked: "I just remembered some interesting things!" ”
"That's all?" Park Chang-ho was disappointed, pursed his lips, and stopped asking.
Xin Zhizhu was careful, he subconsciously realized that Chen Daojun would never receive a call about this kind of incident at this time, and after carefully observing Chen Daojun's expression, he asked tentatively:
"That phone call you just called...... Is it related to international speculators? ”
"I don't know!"
Chen Daojun touched the tip of his nose and avoided Shin Nosuke's forced gaze.
The more he did this, the more suspicious Shinnosuke became, but because of the importance of the matter, he didn't continue to ask for more details.
After smiling slightly, Shin Nosuke asked again: "Is it that international speculators are going to fight hard?" ”
"Maybe!"
For Xin Zhizhu's knowledge, Chen Daojun added a little more understanding in his heart, and after taking a deep look at him:
"What's going on now?"
"There is a situation!" Just when someone shouted.
The three of them glanced at each other in unison, and all found the horror in each other's eyes, and several people looked at the hall again, and found that the traders were all sweating profusely, and everyone was operating with all their might, almost to the point of dizzying.
As soon as they saw this situation, the three of them all chuckled in their hearts, realizing that the situation might not be good.
"What's going on?"
Chen Daojun walked quickly to the side of a trader, and after a cursory glance, he was surprised to find that the battle was far more fierce than he had imagined.
What the trader is eating is a sell order of up to 3,000 lots, the price is around 18 Hong Kong dollars, and the transaction amount has reached 50 million Hong Kong dollars according to the estimate of 1,000 shares in one lot.
Behind it, there are several selling orders of up to 1,000 lots one after another, Chen Daojun estimated in his heart that the numbers that can be seen alone have reached at least hundreds of millions of Hong Kong dollars.
None of this is the point, the point is that this stock only accounts for a very small share of the constituents, less than 1 percentage point.
Chen Daojun quickly thought that even if it is as small as this stock, there are such strong selling orders, and those large-cap stocks that often have tens of millions or hundreds of millions of hands, I don't know how many stocks have been sold at this time!
To make matters worse, Chen Daojun is not clear about how many of these traded stocks are real and deliverable, and how many are made out of thin air.
The current situation is that he has to protect the market immediately, not let the index fall, and not think about whether there is a fake trade at all, because as long as the final delivery date is not reached, you cannot conclude that the other party is bluffing.
And it is precisely this kind of bluff that is rapidly consuming Chen Daojun's funds.
The cold sweat on Chen Daojun's forehead suddenly burst out.
Even though the air conditioning in the room was turned on sufficiently, he still felt a kind of heat from the bottom of his heart, this feeling like a maggot on the tarsal bone made him very uncomfortable, but after thinking about it, he had to admit that he really didn't have a good way to crack the other party's trick.
"Oh no, there are only less than 40 Hong Kong dollars!"
Just when Chen Daojun was at a loss, Park Changhao beside him suddenly screamed.
It turned out that he had just checked the situation of the total capital pool, and was stunned to find that in the past half an hour, Chen Daojun's funds alone had consumed more than 10 billion Hong Kong dollars.
The remaining funds are less than 4 billion Hong Kong dollars, and they are decreasing at a rapid rate.
"No, let's ask Xiangjiang Mansion for help!"
Shinnosuke was also in a hurry.
"Them?"
Chen Daojun hesitated.
Watching Chen Daojun stop there.
Xin Zhizhu was even more anxious, and he didn't care about anything else at the moment, so he pulled Chen Daojun into the office.
While dragging Chen Daojun and said: "Boss, the overall situation is important, if the index collapses, we will also collapse!" ”
Park Chang-ho didn't make a move, but he was so anxious that he stomped his feet on the side.
When he saw the trader poking his head out and looking this way, he waved his hand very dissatisfiedly and reprimanded: "Look at what, hurry up and do your own thing, don't worry about irrelevant things!" ”
Half-pushed and half-pulled to the desk, Chen Daojun had completely calmed down, Xin Zhisuke's words really woke him up, and the situation at this time really did not allow him to continue to persevere.
So before dialing Huo Lao's phone, he told Shin Nosuke: "Put all the funds into it, immediately, immediately!" I'm going to tell them that even if I am consumed, I will force them to dig a bigger pit so that they can bury themselves in the future! ”
Xin Zhizhu looked at Chen Daojun worriedly, and when he saw him gritting his teeth, he couldn't help but sigh in his heart, pushed open the door and walked out.
Soros was already sweating on his forehead, and he found that no matter how he put himself in, the other party had been fighting with him.
The confrontation between long and short has entered a white-hot stage.
"Damn, you can't go on like this, just smash the plate and let Robertson start to exert his strength!"
Thinking of this, he picked up his phone and began to prepare to contact Robertson.
However, it took a long time before someone answered the phone.
At this time, Soros was still a little irritable: "Robertson, you can't drop the chain at the critical moment, you have as much as you have, all of them are short!" ”
However, it was a girl's voice who answered the phone: "I'm sorry, Mr. Robertson has been imprisoned for openly beating the tax officer in the fund company, and I will keep the mobile phone on my behalf."
"What!?"
Soros was stunned, at this juncture, it was ridiculous that such a thing had happened.
Robertson, this Shabi, why is he so irrational?
"What about your traders, find a smart contact with me and let him smash the plate immediately!"
"Oh sorry, all the traders are locked up, it may take a while!"
"Fake!!" Soros is in a state of going crazy.
He couldn't hold back any longer, picked up a golf club, and smashed it all over the room!
4 billion, this living force that can occupy left and right, has been delayed like this.
Just half an hour before closing.
It seems to see the weakness of the bears.
The national team finally came out of the shadows and began to fight back in a frenzy.
Huge sums of money began to pour into the Hang Seng Index.
The Hang Seng Index began to rise rapidly, and many shorts were liquidated!
Soros slumped on the couch, letting his secretary say so much without responding.
Suddenly, he got up suddenly: "Quick, quick, inform them to go long with their backhand, they can't wait any longer!" ”
His hand was raised, and he wanted to say something more, but finally put it down.
The winner is the king, and the loser is the loser.
The undefeated golden body, gone!
Lost yourself!
Just when Chen Zhidaojun was trying to pick up the microphone and was about to dial Huo Lao's phone, he only had time to hear a "hey" from inside, and then he heard a sudden burst of cheers outside.
"We won!"
"The speculators are defeated, we are victorious!"
"It's so exciting, I actually won"
……
Picking up the microphone, Chen Daojun didn't know what to say for a while, this small microphone on weekdays seemed to be weighing a thousand pounds at this time, so that he was almost out of breath, although this was just an illusion, but this feeling was lingering.
Chen Daojun now has an expectation that the national team will start to shoot.
Naturally, he knows very well that the people in Xiangjiang Mansion are observing the market, but if he does not notify in advance, there will definitely be a vacuum period, and when the time comes, maybe there will be big problems in the relay between the two sides, and the time will give the speculators an opportunity.
After thinking about it, Chen Daojun still decided to take this risk, after all, the timing was too critical.
As soon as Chen Daojun finished speaking, he didn't have time to put down the microphone, so this huge wave of sound happened to be captured by Huo Lao.
Huo Lao teased: "Chen Sheng, you have made great contributions this time, and Xiangjiang Mansion will not forget your merits!" ”
was praised fiercely, but Chen Daojun still didn't come back to his senses.
The earth-shattering sound made his brain short-circuit instantly, and various emotions such as joy and relief appeared on his face.
"Boss, boss!"
Shin Nosuke rushed in like crazy, shouting as he ran: "The speculator has retreated, retreated, really retreated!" They have already told us through the handicap that we won this game! ”
"Really?"
Back on the trading floor, Chen was greeted by cheers and applause from everyone, and then he was thrown high into the air surrounded by everyone, even though he was reluctant to do so.
On August 28, although international speculators frantically sold nearly 80 billion Hong Kong dollars of stocks in the market, Chen Daojun's funds were steady in advance.
Coupled with the appearance of the Chinese national team, with its strong financial strength, it finally defeated the attack of the speculators, and firmly fixed the Hang Seng Index on this day, which was only slightly down 60.21 points from the previous day, a decline of only 0.78%.
If we look at the day's rise and fall, K-line charts and other indicators, today is undoubtedly a dull trading day.
However, as long as you pay a little attention to the trading volume, the maximum number of pending orders in the day and other data, investors will be surprised to find that this day's trading can be called the largest single buy and sell in the history of Hong Kong stocks, and the day with the largest number of transactions in a whole day, which is by no means as calm as the disk shows.
In any case, today's past represents the official end of the August futures contracts, as they will be settled in cash after today.
Since the Hang Seng Index did not show a large decline, the Hong Kong stock market was temporarily saved, and hundreds of thousands of positions of international speculators who shorted the Hang Seng Index in August were completely planted.
Someone has done preliminary statistics.
According to the index at the close of today, the vast majority of these international speculators will have to pay at least HK$50,000 in cash for each sell order on hand, and a few may be more.
For the entire short side, because the bulls forced their positions in August, the entire 200,000 lot sell positions were not sold, and in the end these positions will have to pay a price of more than 10 billion Hong Kong dollars.
In addition to suffering heavy blows in the futures market, speculators have also been hit head-on in the Hong Kong dollar market, and of course their opponent here is indeed the Hong Kong Mansion.
Because there is a correlation between the two markets, and they lose in the stock index market.
It also made all their efforts in the Hong Kong dollar market come to naught.
For speculators. They just played too big this time.
In the past half a month, they have sold more than 200 billion Hong Kong dollars in cash in the Hong Kong dollar market, hoping to attack Hong Kong in an all-round way in this way, but now the result is that stealing chickens and rice will not be lost.
The short-term interest left to them alone adds up to an astronomical amount. And that's just interest.
There are also losses on interest rate futures.
Losses on bonds, blah blah, blah blah, etc., are estimated in a few clicks.
Some analysts believe that this action has cost international speculators at least $10 billion, and may expand to $15 billion in the long term.
The leading quantum fund is estimated to lose at least $1.5 billion.
Although no one knows the true number, the market is still excited to hear the news.
However, in the eyes of professionals, this news is quite unimpressed, and for a quantum fund with a fund management scale of up to $12 billion, the loss of $1.5 billion will not shake its foundation.
But for others, the significance is significant.
In the past six months, Soros and his quantum fund have been like victorious generals, rampant in the currency markets of East Asia, invincible everywhere he goes, and even as soon as he speaks, Da Mao will be forced to announce the depreciation of the ruble.
And now, Hong Kong has become the first and only place where he has failed.
That night, Huo Lao, who had never eaten staple food at night, ate two extra bowls of rice and smiled heartily.
That night, Chen Daojun, who won a big victory, asked his subordinates to take out a box of cash and give away at least 40 million Hong Kong dollars in cash at the 10th anniversary of the establishment of Junchi Media!
The staff went crazy with joy!
Everyone shouted, "Long live the boss!"
(End of chapter)