God-level Trader of Rebirth

Chapter 69 Hang Seng Constituent Stocks

"Now the outside world is going crazy, and the exchange rate is about to fall. Are you two still in the mood to sleep here?"

Li Xi'er had just returned to the office after dealing with the affairs of the finance department, when she saw Chen Weidong and Chen Jie sleeping on the reclining chairs in front of the French windows again.

It doesn't matter if the central air conditioner is turned on to the coldest level, and you are still covered with a blanket. Is it cold or hot?

The scorching sun at nine o'clock slanted in. People in the building opposite saw it and thought the company was drying salted fish.

"Sleeping is good for thinking." Chen Weidong was so sleepy that he couldn't even speak.

He didn't sleep well last night, tossing and turning thinking about one thing, it was too difficult to be told by this woman again after finally going to the company for a break.

"The outside world is crazy, what does it have to do with us." The third uncle scratched the blanket on his body and said lazily.

He just stayed up all night playing games all night to become like this.

The "Legend" developed by the computer company was so fun, no wonder those parents strongly resisted online games, even he couldn't resist it.

"If the exchange rate falls and the Hong Kong dollar depreciates, you two will just wait and sleep on the street!" Li Xi'er said angrily, she only had money for a few days, and then she became lazy.

"There should be no problem with the Hong Kong dollar exchange rate. The drunkard of international hot money is not interested in drinking. How can a silly woman like you understand." Chen Weidong said with all his strength.

On the HKMA side, there is a high probability that Lao Liu and the others will be able to stabilize it. He doesn't need to worry too much about this.

At present, what he is most worried about is which Hang Seng Index constituent stocks Soros and others will use to smash the market in the stock market.

What are the constituent stocks of the Hang Seng Index?
In the most popular terms, it is the large-cap stocks, heavyweight stocks, and blue-chip stocks in the Xiangjiang stock market.

They almost represent the wind direction of the entire market, and the total market capitalization accounts for about 90% of the total market capital of the Hong Kong Stock Exchange.

Therefore, their fluctuations will directly affect the rise and fall of the Hang Seng Index.

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Another chestnut.

For an ordinary listed company, even if the limit falls, the impact on the broader market will be minimal.

But what if PetroChina fell 5%?
The market must be shaking three times.

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Now it is 1998, and there are only 33 constituent stocks in the Hang Seng Index.

Not compared to later generations, they have reached more than 50.

Moreover, many Chinese-funded companies in later generations were listed in Hong Kong, accounting for half of the weightage of the Hang Seng Index. They are not sensitive to exchange rate fluctuations at all, and attacks on the Hong Kong dollar exchange rate have little impact on the stock market.

However, it is now 1998, and the stability of the stock market is far less than 20 years later.

Now, as long as the Hong Kong dollar exchange rate is vigorously attacked, the stock market will crash, because most of the stock market are local companies in Hong Kong, and their assets are directly linked to the Hong Kong dollar exchange rate.

Although there are only 33 constituent stocks in the Hang Seng Index, it is extremely difficult if you want to find stocks that Soros and the others may be lurking in.

You might say, can’t you buy all of them?
Do you know what the market value of these 33 stocks add up to?
4.2 trillion!

Do you really think that the several bailouts of Infinity Corporation will give people the illusion that billions of dollars can leverage the stock market?

When there are no major problems in the market fundamentals, doing so can indeed turn things around.

Because in normal times, the daily trading volume of Xiangjiang stock market is only a few billion.

Throwing one billion into it may drive the market up by one or two points.

But now, the market has shown a trend of a rainy day, and there is no good news in the world.

Dark clouds are overwhelming the city, and even stockholders with the least financial knowledge know that a heavy rain is about to fall.

Even if you are a long-term investor, as long as the stock market falls fast enough and sharply enough, I don't believe you can still sit still.

If you hesitate for a few minutes, you may lose more than a dozen points. Who can bear it?
If you don’t throw it away, others will too, and those who run fast will lose less.

Therefore, once the panic effect occurs, countless people will inevitably follow suit and sell stocks, which will trigger an avalanche of decline.

Even the Hong Kong government cannot accept this offer.

Until then.

The purpose of international hot money can be regarded as achieved.

Now, after several months of slump in the stock market, Chen Weidong absolutely believes that Soros and the others must have secretly absorbed a lot of chips.

Just don't know when the concentrated selling will start.

At that time, no matter which one crashes, the stock market or the foreign exchange market will have a great impact on the other.

Because both are interrelated, both must be kept.

As a reborn person, Chen Weidong's only advantage is that he knows that Soros' real goal is the stock market.

In addition, it is also blind.

According to his estimation, if the Hang Seng Index falls to 6500 points, it will be the limit that the banking system can bear.

If the stock market and real estate market fall further, banks will have no choice but to sell a large number of relevant mortgage assets, thus setting off a vicious wave of selling in the stock market and real estate market.

Some small and medium-sized banks may even face bankruptcy due to excessive bad debts.

One hair will affect the whole body. Once a bank starts to fail, Xiangjiang's banking system will inevitably suffer a fatal chain blow.

The banks are all bankrupt, but the Hong Kong dollar is still good?
price?

Already crushed.

At that time, it will cost several thousand yuan to buy a handful of leeks, can you stand it?

Therefore, this is why Chen Weidong wants to save the market.

Sleep till noon.

Only then did Chen Weidong feel refreshed, and got up while yawning.

The main reason is that the third uncle's phone is so noisy, it is always beeping, which really affects his rest.

"You're awake, I thought you were a pig." Seeing that he finally woke up, Li Xi'er couldn't help complaining.

"I'm young, and I'm still growing. It's normal to be lethargic, unlike some people who have stopped growing." Chen Weidong glanced at her body and said meaningfully.

"What do you know, my figure is normal, okay? I look good in clothes!" Li Xi'er glared at him, and argued a little unconvinced.

"Hehe, she's as thin as a clothes hanger, I really can't appreciate it."

"Then don't look!"

Li Xi'er was so angry that she sat alone in front of the computer and sulked.

"Would you like to eat?" Chen Weidong suggested. He rubbed his stomach and felt a little hungry.

"no appetite!"

"As for it, just say a few words."

Chen Weidong was speechless, and suddenly felt that what was said on the Internet made sense, and the more flat he became, the greater his temper.

He came to the restaurant on the second floor of the company alone, and found that there were not many people here, probably because the peak period for eating had passed.

After all, it is already 12:30, and the stock market will open again soon.

Ever since the executives of Infinity Private Equity visited the computer company last time, they have not been calm at all.

Many people have complained in private that people are more annoying than others.

The same is "infinity", why the treatment is so different?
In the computer building, there are bars, restaurants, gyms, game rooms, everything, and they engage in these private equity funds, making the most money for the company, but they don't even have a cafeteria, and they have to order takeout every day.

Is there any reason?Is there still fairness?
Mr. Chen's eccentricity is all over the Pacific Ocean. It doesn't matter if this trader is inappropriate, he might as well become a programmer in the company next door.

Somehow, this matter got to Li Xi'er, and Li Xi'er told him again.

After Chen Weidong found out, he felt really sorry, so he simply bought the entire Antler Building at a high price, and then renovated it again.

For some entertainment and living facilities, try to compare with the computer company's side, and then gradually get better. Otherwise, if such a big company doesn't even have a restaurant, it would be too shameful.

As soon as he appeared in the restaurant, several staff members recognized him, and Chen Weidong nodded.

In this line of work, everyone is very busy, and they don't like to deal with the world, let alone superiors and subordinates.

Followed by.

Chen Weidong took a few more favorite dishes while picking up the meal, and was about to find a seat to sit down and eat, when he heard someone beside him say in surprise:

"Mr. Chen, are you coming to the restaurant for dinner?"

(End of this chapter)