651 HKD Battle (Part II) (Finale)

New York City, USA:

"You've finally made a move." In a skyscraper on Wall Street, Soros, who is hated by the Asian government, is paying attention to all the data fluctuations in the Hong Kong market at the moment, and when he learned from his subordinates that Chen Zhiwen ordered the acquisition of blue-chip stocks in the Hong Kong stocks, he knew that the person he had been worried about had finally made a move.

"What if you make a move? Although Eric's worth is high, it is impossible to fight against hundreds of billions of dollars in international travel funds. Julian, CEO of Tiger Fund, another well-known hedge fund on Wall Street, said calmly: "I don't understand, why do you care so much about him, can he still invest all his worth to protect the Hong Kong dollar?" ”

"Although Hong Kong is a developed region, its economic aggregate is still not comparable to that of many East Asian countries, why do you think we have been attacking for so long, and there is still no result? If it were other countries, it would have collapsed long ago. Instead of going back directly, Soros asked another question.

"Because of the cardinality? Hong Kong has a small base, the Hong Kong dollar market is also relatively small, and the Hong Kong government has a large amount of foreign exchange in its hands, which is far more resilient than other East Asian countries. Julian is also one of the people behind this attack on the currencies of sovereign countries in Southeast Asia, but he is really hidden, because his reputation is far inferior to Soros, no way, Soros is a chess piece, leading all the funds to charge.

"On the one hand, on the other hand, many Hong Kong people are not willing to cash in the dollar, they trust their government very much, otherwise, even if the mainland invests foreign exchange reserves, it will not be enough to run on it." Soros said.

"On the Asian side, there are indeed some places where there is a so-called unity force, but that is also when the people really have confidence in the government, once the confidence is gone, even if ordinary people will continue to be deceived, but those big local capitalists will definitely find a way to exchange dollars, and the previous South Korea, isn't that the case?" Julian said dismissively.

"That's the truth, just a few years ago, when I was investigating the Asian region, I found that Hong Kong may be more difficult than South Korea, and the most troublesome thing is Eric Chen, in the past two years, he has cashed out a large number of stocks of Fortune 500 companies in the United States, including Coca-Cola, Pepsi, General Electric, Nike, etc., these companies add up to more stocks than our two funds." Soros said.

"With so many stocks of top companies, I have to say, this Eric is really an investment genius." Julian can't help but admire, although everyone invests in different directions, they are more inclined to speculate on hedge funds, but for those investors who have a long-term vision, they are also very admired, and even these people will study people like Buffett.

Soros said: "With so much money, it's all dollars, if it really works with us, plus he can also use leverage, it will be a very big trouble for us, and he is still a person, he will not have many restrictions like the government, he is completely free." ”

Julian said: "Indeed, but what he is facing is not us, but a large amount of international travel money that is more than ten times larger than ours, and no matter how much money he has, he cannot withstand it." ”

"He doesn't need to stand it, he just needs to forcibly hold on to the Hong Kong stock market, then we will lose a lot of money in shorting stock index futures." Soros said.

"Then there is no other way to do this, unless, we can convince him to give up?" Julian asked.

"Don't think about it, I've already sent someone to ask, and he doesn't agree." Soros shook his head and said.

"Then we can only continue to fight." Julian said: "It depends on who can call on the more funds. ”

"Continue to put pressure on the Hong Kong government in the Hong Kong dollar foreign exchange market, forcing the Hong Kong dollar exchange rate to fall, if the exchange rate really falls, the Hong Kong people panic, if the Hong Kong government raises interest rates in order to protect the Hong Kong dollar, then the stock market will inevitably fall, then Eric even if it sweeps the stock market on a large scale, it is impossible to fight against the rise in interest rates and overwhelming negative news." Soros said with a light smile.

"Haha, it's up to who can make it to the end." Julian said with a smile.

A few days later, Hong Kong:

"Chen Sheng, in the past three days, the country has sold more than 15 billion Hong Kong dollars, all of which have been caught by the Hong Kong government, and now no one knows how many Hong Kong dollars are still in the hands of international speculators, and I am worried that the Hong Kong government will raise the interest." Yang Wenkai reported.

"Don't worry, I've just had a phone call with Financial Secretary Zeng, and now the stock market and foreign exchange market are under full pressure, and we can't be passive on both sides, so the Hong Kong government will stabilize the selling orders over there, and our side is to raise the stock price, and we must let Soros's Hong Kong stock futures blow up, so as to extinguish his arrogance." Chen Zhiwen said.

Such a big war, naturally it is impossible for Chen Zhiwen to complete it alone, in fact, he is only a part of it, a long time ago, he also negotiated with the senior management of the Hong Kong government, and everyone worked together to repel international speculators, Chen Zhiwen is responsible for raising the stock price and letting international speculators blow up.

However, this premise is that the Hong Kong government must hold on, otherwise whether it is a forced interest rate hike or a sharp drop in the Hong Kong dollar exchange rate, it will reverse Chen Zhiwen's side to fail, and everyone is a grasshopper on a rope.

In addition, the Hong Kong government also communicated with the ruling family of Hong Kong's blue-chip companies a long time ago, asking them to try their best to buy back their shares at the right time, and at worst, not to sell, most of them also agreed, because everyone's wealth is in Hong Kong, if the Hong Kong dollar exchange rate plummets, then most of the rich people in Hong Kong will also suffer heavy losses, and even because they may owe a large amount of international bank debt, and fall into bankruptcy like the South Korean consortium.

In addition, there are many blue-chip enterprises in Hong Kong, and the best way to use the hands of these state-owned enterprises to stabilize the stock market, or even raise the stock market, is to crack down on international speculators by using the hands of these state-owned enterprises before the mainland central government has personally intervened.

"Then I will continue to pull up the stock price, and now it is close to making international speculators unprofitable, their leverage is very high, as long as they continue to pull up the Hang Seng Index, they will either blow up their positions, or they will have to add money, so that maybe it can also relieve the pressure on the foreign exchange market." Yang Wenkai said.

"Well, well, the pressure of international speculators is fixed, either on my side or on the Hong Kong government's side, we continue to acquire, and I am also optimistic about the future of Hong Kong, these stocks will also be my long-term target in the future, no need to calculate short-term accounts." Chen Zhiwen said again.

After withdrawing from the United States, Chen Zhiwen is not familiar with the European and American markets in the 21st century, and it is still very safe to put them in the mainland and Hong Kong, two places that he is familiar with.

The Hong Kong Hang Seng Index will continue to rise in the future, although it will not be as many times as his investment more than ten years ago, but when it comes to today's asset scale, if you want to double, the difficulty is equal to heaven, there is no need to pursue data anymore, as long as you can make a little money, you can stabilize.

"Then I'll do it now." Yang Wenkai said.

The economic war is still going on, and during this time, Chen Zhiwen has spent tens of billions of dollars in cash overseas, on the one hand, to buy the Hong Kong dollar that was sold by Soros and others, which can also help the Hong Kong government to reduce the pressure of dealing with the country's short-selling in the foreign exchange market, and on the other hand, to use these Hong Kong dollars to buy a large number of stocks in the Hang Seng Index and a large number of blue-chip stocks, especially those of many state-owned enterprises.

If this were in normal times, such an acquisition would inevitably attract a lot of attention, and the stock price would inevitably rise sharply, but now, the entire market is full of uncertainty, but Chen Zhiwen's capital has easily become the major shareholder of a large number of blue-chip companies, but it has only caused a slight increase in stock prices, and no one will pay attention to whether there is any acquisition war that may break out.

At any time, a crisis is also an opportunity, if it were not for the risk of the Hong Kong dollar being defeated, then no matter how strong Chen Zhiwen's capital is, it is almost impossible to acquire so many stocks, because the stock price will really be speculated to several times, until Chen Zhiwen can no longer start, but now it is easily completed.

The Hong Kong government also briefly abolished the takeover offer regulations set by the former British government in Hong Kong, so that major shareholders or other capital can buy their own shares or other stocks at will, just to ensure that a large amount of capital will not be exchanged for foreign exchange and leave, but can also enter the stock market to raise the stock price, so as to confront international speculators in two aspects.

At the same time, mainland state-owned enterprises have also used funds to start to raise their stock prices on a large scale, or take the opportunity to buy some shares of other companies, in short, they also bring foreign exchange, and they also need to exchange US dollars for Hong Kong dollars, a process that, like Chen Zhiwen, has reduced the pressure on the Hong Kong government in the foreign exchange market.

For a while, the Hang Seng Index continued to rise steadily, and Chen Zhiwen's reputation also made many other Hong Kong investors and investors begin to restore a little confidence in the stock market, and they will also invest some funds to enter the market, thereby accelerating the planned plan of the Hong Kong government and Chen Zhiwen.

Once the Hong Kong people have no confidence in the Hong Kong government and go to the foreign exchange, it will be difficult for Chen Zhiwen to win this war without gunpowder even if he presses all his net worth, on the contrary, Soros will not be able to win Hong Kong even if he carries a huge amount of money.

The time soon came to August, in the past two months, the Hong Kong foreign exchange market was attacked four times by hedge funds led by Soros, but a large number of foreign exchange reserves and the spare funds prepared by Chen Zhiwen have fixed the attack, the stock market, although it has not risen sharply, but it has also stabilized, those international speculators who are short, after the futures have reached the time, there have been a lot of losses.

It can be said that in the short term, the attack of Soros and others can be regarded as a failure.

However, at the end of the month, the global stock market also fell by different magnitudes, European stocks and American stocks fell by 3%-8%, in order to stabilize the stock market, Chen Zhiwen, the Hong Kong government and a large number of state-owned enterprises and Hong Kong enterprises, a one-time injection of 20 billion Hong Kong dollars into the stock market, the Hang Seng Index rose by 80 points again, which made those who shorted the Hang Seng Index and suffered heavy losses.

At this time, Soros was publicly interviewed in the United States, declaring that the Hong Kong government would be defeated.

It can be said that it is a very rare case in the history of mankind in which an individual is used against a regime, even if it is only a financial war without gunpowder.

Otherwise, Hong Kong will encounter a serious economic collapse just after its return to the motherland, which will inevitably affect the image of the mainland, and even the mainland has invested a lot of money in order to save the Hong Kong government. Moreover, such a failure will bring endless harm to the future economic development.

Soros is naturally not the kind of person who has no purpose, and the purpose of his words is actually to reorganize the three armies, calling for more raiders to follow him to attack the Hong Kong dollar again.

At the beginning of September, international speculators made a comeback again, the first target is the foreign exchange market, tens of billions of Hong Kong dollars of selling orders, within an hour was thrown, if the Hong Kong government does not take over the funds, then the Hong Kong dollar exchange rate will inevitably fall, once the downward trend is formed, it will inevitably attract more orders, and even finally, Hong Kong will be chaotic, a large number of Hong Kong citizens will run on foreign exchange.

This kind of financial war is a conspiracy, and if you don't accept it, you will wait for death.

It's just that the person who can use the yang scheme must be stronger.

"The last battle." Chen Zhiwen stood on the top floor of the Landmark Building and ordered Yang Wenkai: "Arrange all the leather bag companies in Bermuda to eat these Hong Kong dollars with all their might, and don't care how much it costs, which is still lower than the exchange rate of 7.8 specified by the Hong Kong government." ”

Once the exchange rate plummets, then the Hong Kong dollar they borrowed before will be bought back at a lower price and then returned.

In order to suppress the exchange rate, the price they sell must be lower than 7.8, and at this time, as long as the Hong Kong dollar is kept, then they will make money, but it will not be much.

"Okay, we've cashed out a lot of Microsoft Cisco stock, but that's what happened." Yang Wenkai said with a smile.

"yes, thanks to the high-tech companies in the United States." Chen Zhiwen said with a light smile that now, the Internet technology bubble in the United States has begun, Microsoft has become the world's largest company, and Cisco is similar.

As a result, Chen Zhiwen sold all these stocks, but not in the stock market, but directly traded with some local tyrants in Europe and the Middle East, and adopted the model of direct trading with leather bag companies that held shares, and even the US government did not know about it.

These tech giants have cashed out more money than Coca-Cola and General Electric before, which is his biggest hole card against hedge funds such as Soros.

A few days later, a large amount of funds from unknown sources were purchased on a large scale in several major European trading markets, and Soros and others sold as much as these funds could.

Although the scale of this fund is certainly not as large as that of international speculators, the Hong Kong dollar market is limited, and the Hong Kong dollar that Soros and others can borrow is also limited.

In the end, when more than 20 billion US dollars of funds entered the market, plus the Hong Kong government, many state-owned enterprises, and a large number of Hong Kong local consortiums entered the market, the hundreds of billions of Hong Kong dollars in the reserve of Soros and others were sold off, and the Hong Kong dollar still maintained the original trading exchange rate, and the stock market even rose by about 15%.

At the same time, before the expiration of the futures contract, they also need to repurchase the Hong Kong dollar to repay the large amount of Hong Kong dollars borrowed before, and fortunately, the Hong Kong government needs a stable exchange rate, so it did not take the opportunity to raise the Hong Kong dollar exchange rate, otherwise, a group of countries will have to take off the skin.

However, in terms of stock market futures, it is another matter, the Hang Seng Index has no legal restrictions, under the public announcement of Hong Kong Financial Secretary Donald Tsang, everyone knows that international speculators have failed, and many of the funds that were originally hesitant have been released again, and they have also entered the stock market, resulting in a further rise in the Hang Seng Index.

"Win, we win." The Chen family, Chen Zhiwen also rarely drank a little liquor, and said with a smile: "This time not only kept the Hong Kong dollar, but also allowed a large amount of my overseas capital to be transferred back to Hong Kong without paying any price." ”

That's what matters more than how much money you make.

"Yes, it's better to put it in Hong Kong, next, our funds should go north on a large scale, the mainland economy is developing well, and soon, the consumer market is about to take off." Chen Tianfu smiled and said.

"You have a white beard, and you still want to go to the mainland to do business?" Wu Xiuling said with a smile.

"Of course I won't go, but Ah Wen still has to go, and in another ten years, when the people grow up, they will definitely take over our Chen family's business empire, and the core of the future is in the mainland." Chen Tianfu said: "The three East Asian countries have the same culture, and our mainland is still their cultural ancestor, Japan and South Korea can develop, and Hong Kong Bay can also develop in the early stage, then the mainland must be the same." ”

"Yes, I also agree with this point of view, the mainland has a population of 1.4 billion, industry is now developing better and better, the popularization of education is also the world's first level, the number of engineers in the future will inevitably be the first in the world, industry is strength, plus the fear of backwardness in the bones, will definitely go all out to catch up with developed countries." Chen Zhiwen also nodded and said.

When the mainland industry begins to make certain achievements, the pursuit of a culture of self-improvement and a large number of high-quality talents are doomed, and the country will not fall into the middle-income trap like Brazil, Mexico and other countries, but will cross the same as Japan and South Korea, but the volume is too large and it will take longer.

"You men just like to talk about these national events." Wu Xiuling waved her hand and said, "There is a bigger thing now. ”

"What's the matter?" Chen Zhiwen and Chen Tianfu asked curiously.

"Xiaoli, will you tell me?" Wu Xiuling said.

Chen Tianfu and Chen Zhiwen looked at Liu Xiaoli again, only to see Liu Xiaoli say without hesitation: "I'm pregnant again." ”

"Really." Chen Tianfuyan's eyes lit up, although he has four grandchildren, he will not have too much, and Chen Zhiwen is also surprised.

"Went to check, this time it's twins again." Liu Xiaoli continued.

"it!" An exclamation in the Internet era came out of Chen Zhiwen's mouth, and he was a twin, it seems that he really has twin genes!

[End of this book] (End of this chapter)