Reborn as the youngest son of a chaebol, let's get to know his sister-in-law!

Chapter 349 Chen Daojun Wins Big (Ask for a monthly ticket!)

"Director Jin, may I ask if the recent rumors that the Xiangjiang Mansion rescued the Hang Seng Market is true?"

Not long after Soros broke the news, a large number of journalists gathered early in the morning in front of the office building of Xiangjiang Mansion.

As soon as the director's figure appeared, these reporters ran forward quickly regardless of the obstruction, and surrounded him tightly.

"Xiangjiang's economic prospects are good, the international balance of payments is balanced, and there is no foreign debt problem!"

Secretary Jin tried his best to squeeze out, while answering the reporter's question with a smile: "It is unreasonable for international speculators to speculate on the Hong Kong dollar, but they just did so, which just shows that they have ulterior motives."

"But Director Jin, you haven't answered the question just now. Is the rumor about Xiangjiang's rescue of the city true?"

The reporters simply ignored Director Jin's "big shift in the universe", and still asked stubbornly and tenaciously.

Under the protection of the bodyguards, Director Jin barely squeezed in front of the car, but after hearing this question again, he turned around, faced the long guns and short cannons, and said solemnly:

"Regarding the market rumors, neither the Xiangjiang government nor I have the task of clarifying or confirming these rumors, but what I have to tell the citizens of Hong Kong is that no matter what decision the Xiangjiang government makes, its ultimate goal is to serve the interests of Hong Kong. For the overall situation and the interests of the general public, we are confident and determined to defeat international speculators, and I promise here that we will never waste every penny of taxpayers, and we will never compromise."

Speaking of which, the meaning that Director Jin wanted to express has already been said.

After saying "sorry" to the reporters, he got into the car and walked away under the "watching" of spotlights and cameras.

"Hey, what did he mean by that?"

A reporter who 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 feel that he didn't say anything? Did he use funds to prop up the market? "

"You still don't understand?"

The older reporter named "Brother Chen" quickly jotted it down in the sketchbook, and replied in a contemptuous tone:

"Notice his last sentence 'not wasting every penny of the taxpayers', that's what he's telling us, why did he add that if he didn't use the money to prop up the market? Isn't that obvious? You, Still too young, too childish!"

"here you go!"

After the European and American markets closed, Soros, Robertson and others gathered in the most famous Spanish restaurant in Lower New York City to celebrate.

Just a few hours ago, the Dow Jones Industrial Index plummeted from the highest point of 8656 points to the closing point of 8525 points, a full drop of 131 points, a drop of 1.43%.

In the past month, the Dow Jones Industrial Index fell from a peak of 9000 points to less than 8700 points today, a full drop of 700 points.

These are nothing, and more importantly, due to Da Mao's reasons, there is no hope for the Dow Jones Industrial Index to reach 9000 points again in the short term.

The Damao market, which Soros named in the article, experienced a drop of 6.03 points on this day.

Don't underestimate the 6.03 points. You must know that Da Mao's index is only around 100 points now, and the drop of these 6 points is already a 5.48% drop.

Compared with the 10 points in October last year, the market value of Damao stock market has evaporated by as much as 571% in less than a year, which can be said to be the most tragic decline in the global market.

As soon as Soros's remarks came out, some analysts commented that although the depreciation of the currency may have stimulated Da Mao's exports, Da Mao has never been known for its exports. Outflow, so Damao stock market may continue to fall, and even fall to 70 points.

In fact.

Da Mao's capital market has just started, and there are very few listed companies, so investing in these companies does not have much practical significance.

The reason why hedge funds are so valued is that in addition to shorting their currencies, more energy is still placed on their treasury bonds with frighteningly high interest rates.

Now, they have finally succeeded in provoking the market's doubts about the credit issue of Damao treasury bonds, or the expectation of Damao treasury bond default.

Robertson first raised his glass and nodded slightly at Soros across the table to show his respect: "Not only New York, London, but even Frankfurt's indexes are falling. It seems that this wave of expectations about Da Mao's prospects is indeed very serious. , but in this way, the more likely we are to make a profit!"

He said confidently.

Regarding the large national debt, the market is currently speculating whether it will default. Will the imf headed by country M sit idly by?Although they are very clear in their hearts.

Compared with other national bonds, this national debt has several to dozens of times the risk of default. ,

But precisely because of such a serious risk of default, the yield of Damao treasury bonds has increased significantly, and the possibility of making profits has also greatly increased.

Now, that's what the hedge funds in New York think and think.

They firmly believe that since powerful economies such as country M and Europe will not allow Da Mao's nuclear weapons to spread around, even after Da Mao made it clear that he will not comply with the IMF's economic reform measures, these countries will still help Da Mao through the current situation. difficulties.

Therefore, the opportunity they thought came. They took advantage of the panic in the market to absorb large amounts of low-priced government bonds. When Europe and the United States help, these government bonds will return to normal price levels, and they can make a lot of money by then. a sum.

According to the internal report of Quantum Fund, the final yield of this national bond is very likely to exceed 70%. For this reason, they invested a total of 35 billion U.S. dollars in positions, hoping to use this opportunity to achieve the most profitable transaction in history.

That's why Soros went shirtless himself even at the risk of offending Da Mao!
If you don't enter the tiger's den, how can you get a tiger's son!
As for Robertson and others, they all think so, and they all operate in this way. In addition to Xiangjiang, they also invested a huge amount of positions in Da Mao's national debt.

Of course, in addition to these few, other funds on Wall Street have also invested in a large number of positions, and the entire Wall Street is betting on large-scale treasury bonds.

It should be said that the entire Wall Street is betting on the imf, betting on the reaction of country M and Europe to Da Mao.

That's why they hired a large number of retired politicians from Europe and M countries to fully and detailedly study the various risks and serious consequences of the default of the Damao national debt.

In the end, they agreed that those in power in Europe and country M would not allow Da Mao's national debt to default, because the consequences would be beyond their ability to bear.

"How can a country as big as Da Mao default?" This sentence also began to circulate in Wall Street.

After the big hair market fell, several people couldn't wait to sit together and began to celebrate each other.

"It's just a pity that the Xiangjiang market did not fall as expected!"

Several people chatted happily, and the words "million" and "billion" that came out of their mouths from time to time made the waiter who served the food tremble with fear.

Just when he was full of wine and food, Miller suddenly let out a long sigh and said this sentence.

"That's right, this is a problem!" Soros wiped his mouth with a clean white tablecloth, and snapped his fingers in the air.

After gesturing 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 said: "Although we had expected this kind of government intervention in advance, we all thought it was unlikely, but who would have thought that the current Xiangjiang Mansion would actually do this? Oh, God, The amount of flak they've received is definitely enough to make them feel bad for a while."

"Not bad!" Miller also echoed:
"I have always thought that Xiangjiang is known for its degree of economic freedom. Now in order to save the capital market, they have given up this advantage. It is really unbelievable. This kind of Xiangjiang who is both a referee and an athlete, how many markets can there be under it? Freedom? Oh my God, they really want it all!"

Miller continued: "Although the current index is far from the average position where we opened positions, it is difficult to guarantee that they will not increase the index to the level where we opened positions in the next few days. , plus the loss on the Hang Seng Index futures, we have really declared a failure in the Xiangjiang market!"

"Don't you understand the seriousness of the matter? Gentlemen!" He almost roared out the last sentence.

"relax!"

Seeing that Miller was really anxious, Soros quickly calmed his number one assistant: "Think about it, my friend, as long as we continue to stick to the tactics of attrition and suddenly increase our offensive one day in the future, from It consumes its funds in two ways, and by that time, no matter how much the Xiangjiang Mansion boosts market confidence, it may not be able to offset the negative impact from the Hong Kong dollar!"

"what do you mean?"

Miller looked puzzled, lowered his head and thought for a while, and when he raised his head again, he found that several other people were staring at him motionlessly. This discovery made him thoughtful.

"Come suddenly at a certain time, making the rescue measures of Xiangjiang Mansion useless? Do you have any plans?"

"Not bad!"

Robertson nodded appreciatively. After glancing at Soros, he saw the other party nodded slightly, and then continued:

"For Xiangjiang, we do have a preliminary plan. Now that we have said it, everyone can discuss it and see what can be added. The specific strategy is that even if the Xiangjiang government makes a move, we will continue to attack and strive to maximize the benefits. Effect!"

"Futures index?" Miller immediately reacted, and blurted out, "August futures index, don't plan to transfer positions, just fight to the death with Xiangjiang Mansion on the last calculation day of August? I understand!"

"Naturally it is going to attack!" Robertson looked at Soros and confirmed firmly:

"The scale of funds we can use is enough to hit the Xiangjiang market again. Even with the support of the Xiangjiang government, we can quickly consume their funds! Of course, in order to teach them a lesson, we must let them know, intervene What will happen to the market!"

At the same time, when the news came out from Xiangjiang.

Many Wall Street bigwigs began to take a clear stand to criticize Xiangjiang Mansion's bailout behavior, and publicly predicted that Xiangjiang Mansion would not succeed, which surprised market observers.

While they were puzzled, they also sweated deeply for Xiangjiang Mansion.

Sure enough, after expressing their stance on the bailout of Xiangjiang Prefecture, other institutions and prestigious individuals followed up and criticized Xiangjiang Prefecture like a flood.

The "Wall Street Journal" criticized Xiangjiang government's rescue behavior in a large-scale article, and its headline was even more sensational: "Xiangjiang made a big mistake!"

The more professional financial institutions have published relevant research reports at the first time.

The reports of the three institutions add up to 48 pages.

In this report, the analysts agreed that Xiangjiang Mansion’s actions were “all-or-nothing” and no different from D Bo.

If the Xiangjiang government fails in the end, not only will the hard-earned money of the Xiangjiang people be handed over to international speculators, but it will also lose the initiative to defend the currency, and it may even lead to the final failure of the linked exchange rate system.

There are also well-known experts said: "Xiangjiang government's intervention in the market has created an extremely bad precedent, and the consequences may be endless. Even if Xiangjiang government can finally defeat international speculators, the status of Xiangjiang international financial center will be damaged. Investors will also be scared away because of this kind of behavior of making games and participating in games. If things go on like this, Xiangjiang will suffer great harm because of today's decision..."

The remarks on this are still pertinent, but another economist is not polite.

He directly pointed out that someone in the Xiangjiang Mansion should be responsible for this, and even in an interview with reporters, he suggested: "The Xiangjiang Mansion should fire the senior officials who made this decision as soon as possible, and send a positive message to the market to correct the previous crimes." mistake."

Of course, besides them, there are many economists who have criticized Xiangjiang’s bailout behavior, but some of them are purely academic insistence, and some are as malicious as the Wall Street Journal.

For a while, criticisms came and went, and most of them were well-known figures or institutions, which made the decision-making Director Jin feel more pressure.

Although these criticisms can't change anything, another news that day made Xiangjiang Mansion really feel tricky!

In the morning, the rating agency Standard & Poor's hinted that it may lower the sovereign rating of Xiangjiang Foreign Exchange.

They claimed that because Xiangjiang government intervened in the Hong Kong stock market and futures market, it 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 financial support ability of the Xiangjiang government.

Standard & Poor's hinted that it may lower Hong Kong's long-term foreign exchange and short-term foreign exchange ratings from a+ and a1+ to a and a1 respectively. The outlook may turn negative.

S&P also signaled that it could downgrade Hong Kong again in the near term if the Hong Kong dollar's peg falters, or if the government's actions further reduce fiscal support for the Hong Kong dollar.

If the previous criticisms from celebrities and experts can be regarded as academic discussions, then the threat from rating agencies is now a sharp sword, which is directly on the neck of Xiangjiang Mansion.

Because the grades of the underlying objects such as debt, credit, and currency have declined, they 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 are criticisms, there are also voices of support.

A group of financiers, rich men, economists, and ordinary citizens headed by Huaxia and Xiangjiang natives expressed their warm welcome to Xiangjiang Prefecture's bailout.

Mr. Huo publicly stated that he himself fully supports Xiangjiang Mansion's approach, but does not comment on whether this matter is right or wrong.

"We have no choice!" In the interview, he said so.

In the interview, he also revealed that he has not lent out the stocks on hand, has not sold short in the past, has not done so now, and will not do so in the future.

However, Cao Biao took the initiative to accept the reporter's interview and said that the reason why Xiangjiang Mansion acted brazenly was because international speculators made waves and disrupted the normal financial order of Xiangjiang, so it was necessary for Xiangjiang Mansion to take necessary intervention measures.

He also said that Xiangjiang Mansion's actions came too late and should have been taken earlier.

Some anonymous commentators wrote in the newspaper: "In today's world, purely free market principles only exist in the minds of economists and in textbooks. Government intervention in the market is an extraordinary measure, which will inevitably make some people in the outside world think about Xiangjiang's development. Doubts have arisen in the operation of the financial market, which has eclipsed Hong Kong's status as an international financial center!"

There is a turning point at the end of the article; "However, what Xiangjiang Mansion did was 'the lesser of two evils'. Although the government of country M praised the undefeated Hong Kong dollar, a considerable part of the international speculators who made waves in the Hong Kong financial market were funded by M. Background, who knows whether M Congress will support Xiangjiang at the critical moment, or push Xiangjiang in reverse..."

……

"The newspaper is so lively!" Park Changhao threw down a newspaper and shook his head with a sigh.

"This event is really 'I'll come on stage after you sing', it's so lively!"

Xin Zhizhu took the newspaper.After watching it carefully from beginning to end.Then he grinned and said 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, loosened the tie around his neck, then took the newspaper from Xin Zhi's assistant, glanced roughly, and said to the two people who were looking at each other:

"Do you know? The speculators have increased their efforts to sell Hong Kong dollars today, and now Secretary Jin and the others are so busy that they are constantly watching the real-time price of the Hong Kong dollar. They are afraid that if they are not careful, the speculators will break through the 7.770 mark!"

"Really?" Park Changhao suddenly changed his face, and after thinking for a while with a frown, he asked puzzledly:
"It is said that after the bailout, many hedge funds have already retreated, and they are gradually making up their positions in the Hong Kong dollar market. They are about to leave the market. Master, your news is really surprising!"

"It's really surprising!"

Chen Daojun nodded, and after taking another look at Xin Zhizhu, who also had a dignified expression, he continued:

"The focus of the problem is not on those small hedge funds. In fact, as long as Quantum Fund and Tiger Fund do not retreat, even if others retreat, as long as they raise their arms, they may soon enter the market again. Therefore, the HKMA does not dare to be careless at all.”

"According to their inferences, the current international speculators have sold at least nearly 1900 billion Hong Kong dollars in positions. When the stock market can't get any benefits for the time being, they have shifted their focus to the Hong Kong dollar spot market and are ready to take advantage of the two markets again. The linkage effect between them will depress the index and achieve their goal of shorting Hong Kong stocks.”

"1900 billion Hong Kong dollars? My God!"

Xin Zhizhu let out a low cry, and his face turned extremely pale: "What a huge number this is. Just the daily interest... Let me do the math... at least tens of millions!"

He didn't say the specific number, but this time is enough for others to calculate an approximate number.

Therefore, Park Changhao's face changed in the same way.

"This is really the eight immortals crossing the sea, each showing their magical powers!"

Shaking his head, Chen Daojun tried his best to expel this annoyance from his head, and then regained his normal state of mind: "Get ready to open the market! Today, first observe the market situation and then prepare to make a move!"

"Today we only do one thing, which is to buy!"

After discussing with Park Changhao and Xin Zhizhu all morning, after everyone was in place, Chen Daojun loudly announced today's trading strategy:

"All stocks in the index are bought, and the focus is on those stocks that can affect the Hong Kong stock index the most, especially HSBC Holdings!"

"Target price? Fund amount?" The traders quickly said two key data.

Although they had all heard about Soros's article, Chen Daojun, the boss, chose to be fearless and make a decision to let go, which still gave them a boost of confidence.

Most importantly, Chen Daojun also told them that when the market closes today, there will be news that will strongly boost the market, and it can even be said to completely reverse the situation.

"70 billion Hong Kong dollars!" Chen Daojun stretched out an arm, opened it high, and made a gesture of seven: "We want to hold the market to 7000 points!"

"Good!" The researchers and traders applauded loudly, and the atmosphere reached its highest point in an instant!

For most of them, "wasting" the amount of 70 billion Hong Kong dollars in a single day is something that they can't even imagine in their trading careers.

This number means that they can buy whatever they want and how they want to buy it.

You must know that one lot of HSBC Holdings shares is only 6 Hong Kong dollars. To consume this capital, you have to buy close to 12 lots to exhaust it.

Although compared with HSBC Holdings, which has a total share capital of more than 4000 million lots at this time, these are just a drop in the bucket.

However, the inflow of 70 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 as a result.

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 bidding period was over, investors were surprised to find that the Hang Seng Index soared all the way to the green, and it seemed that it was not affected by Soros's article last night.

Although the rising market instead of falling caught their attention, not many people followed and placed orders at first, because they didn't know what it was all about.

When the market opened at 6890, the buyer's column of constituent stocks was filled with overwhelming buy orders. Many of them wiped out the original sell orders at the corresponding price in an instant, and then the stocks magically turned red to green.

Prices started to skyrocket.

And this situation is most obvious in the buying and selling column of HSBC Holdings. Originally, 149 lots were sold at the price of 1700 Hong Kong dollars.

But when the time for free buying and selling comes, there are immediately buyers who quickly eat up the sell orders here. Within 5 minutes, half of the 1700 lots of sell orders have been consumed. The heavy firepower consumed seven or eighty-eight.

Naturally, the bears will not just let it go, after a moment of delay.They began to gather at 170 again, throwing out a lot of selling.

But different from what they expected, the buyer didn't seem to care how much they sold at all, and just kept eating, eating, and eating again. Soon, the 170 line of defense was breached again.

The opponent is unstoppable, so retreat first.

Thinking of this, the short side soon began to retreat gradually.

After throwing down thousands of selling orders again between 152, 153 and 154, a line of defense was rebuilt around 155.

According to their estimates, the other party took more than 7000 hands of HSBC Holdings so fiercely.

There should be a lack of succession in funds.So they waited there with all their leisure, and when the opponent started to vomit, they defeated him in one fell swoop.

However, today's script is destined not to be written by them.

As more and more buying orders emerged on the constituent stocks, the prices of many stocks rose, and the entire Hang Seng Index also rose.

After the index soared to 7000 in one breath, many small and medium-sized investors rushed to enter the market as if they had just woken up from a dream, and began to follow the funds to buy.

As a result, short sellers have to stay away from creating a market-wide turmoil, since they cannot go against the entire market.

Real estate stocks such as Heung Kong Telecom, Huade Properties, Sun Hung Kai, Changhe Industrial and other real estate stocks rose significantly, breaking through 5% at noon, and with the recovery of real estate, financial and other sectors, other sectors also followed suit. The market is almost full of flowers blooming and a hundred schools of thought contending, and all of them are gratifying green.

By the time of bidding at noon, the Hang Seng Index had risen by 351 points, reaching as many as 7214 points.

Although most people in the market still don't 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 rising momentum of the index did not decrease at all, and the main funds for buying did not break down, and the market continued to be optimistic!
But on HSBC Holdings and Heung Kong Telecom, the short sellers began to attack tenaciously. After all, these are super heavyweight stocks. As long as the prices of these two stocks can be driven down, it is hard to say who will die and who will live.

Gradually, as the trading volume of HSBC Holdings increased sharply, investors in the market began to set their sights on this place.

In its buying and selling column, the long and short sides change hands quickly and frequently, and the number of hands traded at almost every minimum price has reached hundreds of hands.

What surprised the short sellers was that no matter how much money they mobilized and how many HSBC stocks they sold, the bulls seemed to be able to follow.Since they are the largest sellers, they know almost everything about the selling situation in the market, and soon they discovered a phenomenon that made them shudder.

The bulls didn't get rid of any HSBC shares, even though the price rose as much as 9 ticks.

"I can only swallow but not spit!"

The short-selling party kept muttering in his heart, what is the situation?
Because this is not in line with normal trading strategies at all!

Generally speaking, if such a large amount of funds is used to buy a certain stock, once the rise follows the trend, the operating party will inevitably take the opportunity to spit out part of it. First, it may alleviate the pressure on funds, and second, it will be safe.

But the other party has no intention of converting it into cash at all, and is still buying, buying, and buying on HSBC Holdings!
Therefore, although the short sellers were suddenly suspicious, they did not dare to be careless at all, frantically mobilizing the HSBC shares borrowed from various brokers to fill the battlefield here.

In the frenzied wrestling between the bulls and the bears, HSBC Holdings directly turned into a meat grinder, consuming all the funds continuously invested by both sides. The huge amount stunned everyone who noticed the battle here.

Almost every sale and purchase of buyers and sellers is no less than 100 lots, which is 600 million Hong Kong dollars, and the number of hands traded by both parties can even reach thousands of hands per minute, which is 6000 million Hong Kong dollars.

However, the fight did not come to a close until the market closed in the morning. In the end, the stock price of HSBC Holdings stayed at 158 ​​yuan, but failed to reach 160. The increase was 4.6% throughout the day.

With massive funds entering the market, the Hong Kong stock market soared 584 points all day, closing at 7224 points, an increase of 8.3%, sweeping away the decline of the previous period, and really proud of it!
"Boss, what about the good news you mentioned?"

Not long after the closing bell rang, and most people were still immersed in the joy of the Hong Kong stock market soaring, a trader who had regained his composure asked Chen Daojun loudly.

With the sound of this question, the trading hall, which was still full of people, immediately fell silent. Everyone's eyes turned to Chen Daojun, waiting for his answer with complex expressions.

Although driven by their efforts on this day, Hong Kong stocks rarely rebounded against the market, but after calming down a little, they immediately realized that this method of simply relying on funds to promote the index rise is not reliable, or , It cannot really and permanently change the market situation.

After all, they were just caught off guard.

If there is no major good news from our own side, the upward momentum caused by the stock market today will be like a passing cloud tomorrow, and will soon dissipate without a trace.

So after reacting, everyone turned their attention to Chen Daojun.

With a smile on his face, Chen Daojun swayed his slender fingers towards everyone, signaling them not to worry, then took out his mobile phone from his pocket, fiddled with it, and pointed to the opposite wall.

Looking over with his fingers, everyone realized that Liu Dawei, who looked like a dog in a suit and leather shoes on the TV on the wall, was still talking about today's market information at the guest table.

It's just that on the screen he has a solemn expression and a dignified tone, and he is completely different from his usual witty remarks and hype comments.

Although I think Liu Dawei's performance today is very strange, but what does his performance have to do with today's good news?
Just when everyone was puzzled, Liu Dawei suddenly lowered his head and looked at his waist. When he raised his head again, a smile was already on Liu Dawei's face.

"Mr. Liu Dawei, what do you think of today's market conditions?"

The beautiful female anchor immediately noticed this detail, and after interrupting another guest's chatter with a wave of her hand, she turned to ask Liu Dawei, who had a look of embarrassment.

"As far as I know, there is not too strong good news in the Hang Seng market today, and the markets in country M and Europe all fell to varying degrees last night because of the remarks made by the financial tycoon Soros. It can be said that these It's all extremely bad news.

But today, Xiangjiang stock market has risen sharply.It makes people feel unbelievable. According to your professional judgment, what do you think is the cause? "

"This question..." Liu Dawei pretended to be thinking, and after pondering for a moment, he suddenly raised his head and smiled.

"As for the reason, please don't guess! Let me solve the mystery now. Just now, my informant told me that the reason why the stock market rose today was because the Xiangjiang government took a decisive move and used funds to rescue The current depressed Hang Seng Index.”

"what?"

The female anchor, who had been calm and dignified in front of the camera, couldn't sit still immediately, and asked repeatedly:
"Mr. Liu Dawei, is what you said true? Is it true that the Xiangjiang Mansion is bailing out the market? Why?"

At this moment, her expression can be described as pale.

As a professional host and reporter of a financial channel, basic financial knowledge reserve 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 bear the high-intensity work for many years and wanted to give full play to her beauty, she gave up her job with an annual salary of up to millions and turned to Joined the ranks of TV anchorwomen.

It was precisely because of her experience working in the front line of finance that Chen Shufen's reaction was so great after hearing Liu Dawei's remarks on bailing out the market.

In her impression, Xiangjiang has always been famous for "free trade", but now Xiangjiang government plans to give up this name and directly intervene in the market.This strong contrast made her forget that this was a live broadcast, and she almost lost her composure and questioned Liu Dawei in front of the camera.

It was another male guest who had the same reaction as her.

The camera clearly captured the extremely shocked expression on Liu Dawei's face after he said the Xiangjiang government's bailout statement.

But he didn't say anything, but a pair of eyes began to roll around, and the expression on his face was also changing, he didn't know what he was thinking.

At the same time, among the crowd watching the show, exclamations of mixed reactions erupted.

After the initial amazement, people who reacted quickly took out their phones one after another. Some people looked around to confirm the news, while others directly called their brokers, demanding to cover their positions immediately regardless of the cost.

"Isn't he talking nonsense?"

The sound of anger was higher than the sound of exclamation. After experiencing the initial shock, someone quickly reacted and yelled at Liu Dawei on the TV. Although they knew very well, Liu Dawei couldn't hear their angry question at all. .

The funds supporting the entire market today all come from private equity funds. According to their knowledge, there is no share from Xiangjiang Mansion at all.

So they couldn't accept Liu Dawei's statement at all.

It's just that there are very few people who make such voices, and the vast majority of people have extremely puzzled expressions on their faces, and they are discussing in whispers.

But only a few people looked at Chen Daojun thoughtfully. They remembered the sudden sale of the HKMA some time ago.

"Everyone, please be quiet!"

Chen Daojun waved his hand, motioning everyone to be quiet, and then he took a meaningful look at Liu Dawei on the TV, and then continued:

"About Liu Dawei's remarks, I actually meant what I meant. What I didn't tell you before is that I reached a secret agreement with Xiangjiang Mansion. The main content of this agreement is that I will use my own funds to support the market. Of course, I will borrow Xiangjiang Mansion In the name of the government, the Xiangjiang government has used other measures and means to crack down on international speculators, acquiescing to our massive purchases."

"But even if we don't do deals with them, we can still buy a lot, can't we?"

Before Chen Daojun finished speaking, someone questioned him immediately.Soon others realized too.They all nodded their heads in agreement.

Chen Daojun nodded in agreement, but the next moment he asked back: "Have you ever thought that if we don't cooperate with them, we might spread such news?"

While talking, he pointed to the TV hanging on the wall, where Liu Dawei was still talking.

"I believe everyone should be clear, as long as the Xiangjiang government acquiesces and does not publicly deny it, then how powerful is this news!"

After seeing the person who questioned him shut his mouth wisely.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 entire market will be excited by this news. Of course, in September, it will be another situation!"

"It's just the boss. If we can absorb more low-priced stocks before this, combined with today's news, wouldn't we earn more?"

Although he didn't say it clearly, he already hinted between the lines that Chen Daojun's previous operations were still somewhat conservative.

It's just that he may have forgotten that before that, Chen Daojun's right and left arms, including Park Changhao and Xin Zhizhu, had become extremely pessimistic about the market, thinking that it was not a wise choice to confront international speculators.

The only purchase of billions of Hong Kong dollars was completed under Chen Daojun's "stubborn" request.

"I don't know the bottom of the Hong Kong stock market's decline, and I don't know the follow-up methods of international speculators until last night!"

Chen Daojun said lightly, he didn't mean to turn over old scores at all, but soon he revealed a hint that made everyone feel ashamed: "Besides, in order to keep our small funds compared to international speculators, I have to be careful no?"

"So in the afternoon, what follow-up actions are there?"

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. After that, we don't need to support the market as much as today, so let's do it!"

"Do it, do it!!"

What answered him was a burst of passionate roars.

The market continued to open in the afternoon, and the main funds of the two sides were still entangled. Neither side showed any sign of retreating, and the market turnover basically remained at a level close to tens of billions of Hong Kong dollars per hour.

On the other hand, the war between institutions and retail investors is coming to an end. After all, the stocks that retail investors can borrow from brokerages are limited, and institutions are also naturally wary of the current treacherous market. After the fight in the last session of the morning, both sides disappeared in the afternoon trading session.

In the current market, except for some ultra-short-term funds that are not afraid of death and fast in and fast out, most of the rest are main funds, and every transaction is often bought and sold by hundreds or thousands of hands.

On weekdays, these lots can easily raise or lower the price of individual stocks by a few percentage points, but today, the funds in these lots are as short-lived as fireworks, popping up quickly, and then they are traded at a faster speed. , leaving only a splendid back to the market.

"It doesn't make sense, the market is too stable, it really doesn't make sense!"

After observing for a full 15 minutes, Chen Daojun still couldn't believe what he saw. He tilted his head and thought for a long time before muttering to himself.

It's just that his "mumbling" was heard by the trader around him, who immediately couldn't laugh or cry. The trading volume calculated at tens of billions of Hong Kong dollars per hour turned into "the market is too stable" in Chen Daojun's mouth .

You must know that this is definitely a once-in-a-lifetime big market in the Hong Kong stock market, at least they have never encountered it in their trading careers.

Although they were speechless, they didn't dare to say anything to refute the boss, so they could only continue to operate with wry smiles.

"Oh no!"

At this moment, the face of a trader who was on the phone changed drastically, and he shouted: "It's not good! They already know!"

Due to the extreme shock, the trader's voice was extraordinarily high and panicked, which could even be described as heart-piercing.

Even in the noisy trading hall, such a voice immediately attracted everyone's attention.

When people looked at him, they found that his face was ashen, his lips were pale, and cold sweat was dripping down his forehead.It was an expression of excessive shock.

"What's wrong? What do they know?"

Chen Daojun frowned and stood up.He strode towards the direction of the trader, asking questions as he walked.

Just when he had just taken a few steps, the bell suddenly rang loudly, and the phones of the entire exchange rang at the same time.

The sudden ringtone startled everyone. After looking at Chen Daojun and the trader, they started to answer the phone in front of them again in unison.

"It's kind of weird!"

Chen Daojun stopped walking, his brows were already furrowed, this abnormality gave him a bad feeling, and his intuition told him that the international speculators used another trick that was beyond his expectations, and it was likely to cause a sensation in the entire market information.

Sure enough, after only a few words.

The traders put down their microphones one after another, and looked at Chen Daojun with complicated eyes.

There is helplessness, incomprehension, panic, and fear, but more of it is expectation.

"What news are the international speculators spreading?"

Facing such complicated gazes, Chen Daojun did not show any panic expression.It is definitely not a good thing to be self-confident at this time, he restrained his emotions very well.

"The ones that allow you to receive calls at the same time may be calls from brokers or peers. There is no reason for brokers to call at the same time, and news spreads fastest among peers, so it should be from your peers." , At this time, what news can we have related to us? If I guess correctly, the news released by the international speculators this time is that Xiangjiang Mansion did not save the market, this is just a smoke bomb, isn’t it? "

This analysis was in-depth, layer by layer, 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 extreme shock and said a few words, the others did not reveal any more information.

And Chen Daojun, relying on the fact that the phone rang almost at the same time, was able to analyze it to such a point, and his powerful logical ability immediately made the traders admire him. Very confident.

"Don't worry, this situation has long been in our expectation!"

Sure enough, Chen Daojun's next words gave them a reassurance: "Don't worry, concentrate on doing the things at hand well, and I will settle the rest."

Only then did the traders really feel relieved. When they looked back at the market, they found that the selling power in the market had increased by several points before they knew it. The defense line they originally set at 7350 was already in jeopardy.

International speculators seem to have taken medicine, very crazy!

Before they could make a move, the international speculators made another effort. In just a few seconds, the huge amount of selling orders overwhelmed the buying orders hanging there, and then the stock index officially fell below 7350 points.

Seeing this scene, the traders hurriedly put away their wild thoughts, retreated while fighting, and placed a buy order with a total amount of 7210 billion Hong Kong dollars at the 30 position.

However, the result was not satisfactory. The international speculators who fought more and more bravely were almost invincible. Even though they accumulated a large number of buy orders at the position of 7210, they only took 5 minutes to break this barrier again, and the index fell to the range of 7180. .

It fell 30 points in a row. Although it is a negligible range for the Hong Kong stock market, traders are already anxious.

After an urgent discussion, it was decided that no matter what, we should attack the speculators at the 7130 position and not allow the stock index to continue to fall.

While the traders were discussing countermeasures, Chen Daojun and the others were quietly discussing how to break the situation.

"They are really ruthless. Taking advantage of this time, the chaos they caused is enough to put us under great pressure!"

Park Changhao took a sharp puff of cigarette, and said viciously, his face was distorted at this moment, and he had a completely selective expression.

"It's useless to say these things now!"

Xin Zhizhu was still calm. After he glanced at Park Changhao lightly, he turned his head and said to Chen Daojun: "Boss, what we have to do now is to gradually throw the positions we hold back to the market."

"Even if we do this, it can't dispel the market's doubts, so I ordered Liu Dawei..."

At this moment, the figure of Liu Dawei 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, an expression of shock appeared on her face uncontrollably. Get big.

The exquisite nostrils are flapping one by one, while the small cherry mouth is opened into an "o" shape.

After listening to the latest news sent by the director.

Only then did the hostess return to her dignified and virtuous state, but the previous scene had been faithfully captured by the camera.

Therefore, it also successfully aroused the curiosity of the audience in front of the TV. People speculated, what did the female anchor hear that surprised her so much?
Feeling the female anchor's wonderful eyes constantly looking at him, Liu Dawei felt a little proud in his heart, wondering if he could invite her out for a meal after get off work, and solve his physical needs by the way.

As a result, the next moment, a question from the female anchor brought him back to reality.

"Mr. Liu Dawei, just now there are rumors in the market that the current funds for protecting the market do not come from the Xiangjiang Mansion, and that the Xiangjiang Mansion just made a feint. What do you think about this?"

Although he was mentally prepared, Liu Dawei was still a little flustered when the problem came his way.

Looking at the beautiful face of the female anchor, Liu Dawei kept saying "God bless" in his heart, trying to calm himself down, and after pretending to straighten his tie, he concealed his uneasiness and said calmly:

"Leaving aside the veracity of this rumor, let's say that the intentions of such news coming out of the market at this time are very suspicious, and it is worthy of our deep thinking..."

"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 again carefully. At present, does Xiangjiang Mansion have no funds to support Hong Kong stocks in the market?" participate?"

The female anchor was able to sit in this position, she was naturally very shrewd, as soon as she heard that Liu Dawei was about to brag, she immediately interrupted the other party's boastful talk.

And the last sentence was bitten out almost word for word.

There was no way to escape this time, so Liu Dawei could only bite the bullet and answer: "If I said diplomatic words, such as no comment, I believe I would not be able to pass your test. So I decided to tell you, and I also told the front of the TV. The audience, as a large number of investors and Hong Kong citizens, must believe in the determination of Xiangjiang Mansion, and this is the only chance to overcome the current difficulty."

Although there is no direct answer, the meaning between the lines is undoubtedly an expression of confidence. .

The hostess looked surprised, for a moment she didn't know what to ask.

Seeing this, the behind-the-scenes director quickly switched the screen to the video of Director Jin’s statement. In front of the camera, what Director Jin said undoubtedly gave the citizens of Hong Kong another explanation. There is no acknowledgment that the market is funded by the government.

The short video of more than one minute made the whole of Hong Kong and even the whole world suddenly realize, except of course, except for a very small number of 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 more than a minute of buffer time, the female anchor has already thought about the next question to ask: "Of course, what I personally want to know most is whether we have the ability to resist this attack by international speculators?"

After reading the report, Soros ordered the trader to say: "Throw out all the chips in your hand, it's all, success or failure is at the last moment, and at the same time release this news, I don't believe that no one is afraid of death? "

"Has this moment really come?"

The traders all thought that there was not much time left before the market closed, and the biggest fluctuation of the Hang Seng Index so far was only a few hundred points, which was nothing compared to their futures positions.

Although they had doubts in their hearts, they faithfully carried out Soros' orders.

When the news that Quantum Fund was going to sell all the stocks in hand came out from the short side, the entire short camp suddenly boiled, and they realized that the last moment was finally coming!

Success or failure is decided in one fell swoop, mixed with the blow to the confidence of Xiangjiang citizens, this 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 deadlock, you will directly use your 50 billion US dollars in stocks (20 billion borrowed funds)!"

"no problem."

After Robertson hung up the phone, he smiled strangely.

He is also waiting!

……

Soon, Tiger Fund ushered in a wave of inspections by the tax bureau, and even this inspection did not give Robertson any face.

The tax officials rummaged through the headquarters of Tiger Fund and even took away many employees.

When Robertson walked out of the gate, the smile on his face turned into an expression of indignation by the way.

"Stop it, we are a formal fund company, why do you interfere with our normal operations?"

The tax officer who led the team flashed his ID card and said to him coldly: "I'm sorry, Mr. Robertson, someone has reported that your fund has a lot of tax evasion and tax evasion. We will now investigate you according to law. Please and Relevant personnel are ready to cooperate!"

"Fake, I have always been law-abiding. How could I evade taxes? Let me tell you, our company has a big fund investment project, which is about to land soon. There is no time for people here!"

"Sorry, we have a subpoena, please don't hinder us from enforcing the law!"

The tax officer who led the team showed an unprecedented tough attitude in front of his subordinates: "Copy them up, and organize all the documents, 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, drying out the nosebleed!

And his assistant stepped forward to help him resist the capture of other tax officials, and the scene was in chaos!
Until, 5 minutes later, Robertson and the staff who came to help were taken away by Jc.

Unlike other people's downcast, Robertson, who lowered his head, showed a successful smile on the corner of his mouth.

"well done!"

After putting down the microphone, Chen Daojun's face was calm and calm, and he couldn't see any emotional fluctuations, but if you pay attention to the details, you will find that the corners of his eyes twitch slightly, and the corners of his mouth are also raised. some of his reactions.

Both Xin Zhizhu and Park Changhao were a little curious about this sudden call. At this moment, they couldn't care less about observing the changes in Chen Daojun's expression. They walked up to Chen Daojun together, and Park Changhao asked, "Master, what's the situation?"

"It's nothing."

Chen Daojun waved his hand, walked towards the trading hall, and said as he walked, "I just remembered some interesting things!"

"That's all?" Park Changhao was very disappointed, curled his lips, and stopped asking.

Xin Zhizhu was careful. He subconsciously realized that it was impossible for Chen Daojun to receive a call about this kind of incident at this time. After carefully observing Chen Daojun's expression, he tentatively asked:

"Is your call just now related to international speculators?"

"I don't know that!"

Chen Daojun touched the tip of his nose, avoiding Xin Zhizhu's staring gaze.

The more he was like this, the more suspicious Xin Zhizhu became, but because the matter was so important, he didn't continue to ask for more details.

After a slight smile, Xin Zhizhu asked again: "Is it because the international speculators are desperate?"

"Maybe so!"

For Xin Zhizhu's understanding, Chen Daojun gained a little understanding in his heart, and after taking a deep look at him:
"What's the situation on the board now?"

"There is a situation!" Someone just yelled.

The three of them looked at each other at the same time, and they all found the horror in each other's eyes. They looked at the hall again, and found that the traders were all sweating profusely, and everyone was trading with all their strength, almost reaching the point of being dizzy.

Seeing this situation, the three of them thumped in their hearts, realizing that the situation might not be good.

"What's the situation?"

Chen Daojun walked quickly to a trader, and after a cursory glance, he was surprised to find that the battle was far more intense than he had imagined.

What the trader is taking is a sale order of up to 3000 lots at a price of around 18 Hong Kong dollars. If estimated based on 5000 shares per lot, the transaction amount has reached as much as [-] million Hong Kong dollars.

And behind it, there were several selling orders with a value of thousands of hands. Chen Daojun calculated in his heart that the number that could be seen alone was at least as much as hundreds of millions of Hong Kong dollars.

These are not the key points. The key point is that this stock only accounts for a very small share of the constituent stocks, less than 1 percentage point.

Chen Daojun quickly realized that even a stock as small as this one had such strong selling orders. Those large-cap stocks with tens of millions of hands or hundreds of millions of hands at every turn, did not know how many stocks were sold out at this time!

To make matters worse, Chen Daojun had no idea how many of these traded stocks were real deliverables and how many were fabricated out of thin air.

The current situation is that he must protect the market immediately and not allow the index to fall, instead of thinking about whether there is a false transaction, because as long as the final delivery date has not yet arrived, you cannot conclude that the other party is bluffing.

And it is precisely this kind of bluff that is quickly consuming Chen Daojun's funds.

The cold sweat on Chen Daojun's forehead suddenly broke out.

Even though the air-conditioning in the room was fully turned on, he still felt hot from the bottom of his heart. This feeling like tarsus maggots made him very uncomfortable, but after thinking about it, he had to admit that for the other party's He really didn't have a good solution to this move.

"Oops, I only have less than 40 Hong Kong dollars in funds!"

Just when Chen Daojun was at a loss, Park Changhao next to him suddenly let out a strange cry.

It turned out that he had just checked the situation of the total fund pool, and was astonished to find that in less than half an hour, Chen Daojun and his funds alone had consumed more than 100 billion Hong Kong dollars.

The remaining funds are less than 40 billion Hong Kong dollars, and they are decreasing at a rapid rate.

"It can't be done, let's ask Xiangjiang Mansion for help!"

Xin Zhizhu was also in a hurry.

"them?"

Chen Daojun hesitated.

Watching Chen Daojun stagnate there.

Xin Zhizhu was even more anxious, and couldn't care about anything else at the moment, so he dragged Chen Daojun into the office.

While dragging Chen Daojun, he said: "Boss, the overall situation is the most important thing. If the index collapses, we will collapse too!"

Park Changhao didn't do anything, but he stamped his feet anxiously.

When he saw the trader sticking his head out and looking in this direction, he waved his hand in dissatisfaction and reprimanded: "What are you looking at, hurry up and do your own thing, don't worry about irrelevant things!"

Being half-pushed and half-pushed to the desk, Chen Daojun had completely calmed down. Xin Zhizhu's words had indeed awakened him, and the situation at this time really did not allow him to continue to persevere.

So before calling Mr. Huo, he told Xin Zhizhu: "Put all the funds in, immediately, immediately! I will tell them that even if it kills me, I will force them to dig bigger pit, so that they can bury themselves in the future!"

Xin Zhizhu looked at Chen Daojun worriedly, saw him gritted his teeth, sighed inwardly, opened the door and walked out.

Soros's forehead was already sweating, and he found that no matter how much he invested, the other party kept fighting with him.

The confrontation between long and short has entered a white-hot stage.

"Damn it, I can't go on like this anymore, just hit the plate and let Robertson start to exert strength!"

Thinking of this, he picked up his phone and started to contact Robertson.

However, after calling for a long time, no one answered the phone.

At this time, Soros was still a little irritable: "Robertson, don't lose the chain at the critical moment, you count as much as you have, and sell everything!"

However, it was a girl's voice who answered the phone: "I'm sorry, Mr. Robertson has been imprisoned for beating the tax officer at the fund company. I will keep the phone for you."

"what!?"

Soros was stunned. It was ridiculous that such a thing happened at this juncture.

Robertson, Sabie, why is he so irrational?
"Then what about your traders, find someone with a bright mind to contact me, and let him smash the market immediately!"

"Oh, I'm sorry, all the traders have been locked in, it may take a while!"

"Fack!!" Soros was about to go crazy.

He couldn't bear it anymore, picked up the golf club, and smashed it all over the room!
40 billion, this amount of vital power that can be left and right has been wasted like this.

Just half an hour before the market closes.

It seems to be seeing the weakness of the bears.

The national team finally came out of the shadows, and frenziedly began to fight back.

Large sums of money began to pour into the Hang Seng Index.

The Hang Seng Index began to rise rapidly, and many short positions were liquidated one after another!
Soros slumped on the sofa, no matter how much the secretary said, he didn't respond.

Suddenly, he stood up suddenly: "Quick, hurry up, tell them to backhand long, we can't wait any longer!"

He raised his hand, wanting to say something more, but finally put it down weakly.

The winner is the king, the loser is the bandit.

The undefeated golden body is gone!
I lost!
Just when Chen Daodaojun tried his best to pick up the receiver and was about to call Mr. Huo, he only had time to hear a "Hello" from inside, and then he heard a burst of loud cheers outside.

"we won!"

"The speculators lost, we won!"

"It's so exciting, I actually won"

……

Picking up the microphone, Chen Daojun didn't know what to say for a moment. The usually small microphone seemed to be so heavy that he could hardly breathe. Although this was just an illusion, but The feeling just lingers.

Chen Daojun now has a kind of expectation, hoping that the national team will start to take action.

Naturally, he knew very well that the people in Xiangjiang Mansion were all watching the market, but if he didn't notify in advance, there would definitely be a vacuum period at that time, and there might be a big problem in the relay between the two parties in a hurry, and there would be a big problem at that time. It gave the speculators an opportunity to take advantage of.

After much deliberation, Chen Daojun decided to take the risk, after all, the timing is too critical.

Chen Daojun had just finished speaking, and he hadn't had time to put down the microphone, so this huge sound was caught by Mr. Huo.

Huo Lao joked: "Chen Sheng, you have made great contributions this time, Xiangjiang Mansion will not forget your achievements!"

After being highly praised, Chen Daojun still didn't recover.

The shocking sound made his brain short-circuit for an instant, and various emotions such as joy and relief appeared on his face.

"Boss, boss!"

Xin Zhizhu rushed in like crazy, shouting as he ran, "The speculators quit, quit, they really quit! They have already told us through the dialect that we won this game!"

"is it?"

Back in the trading hall, Chen Daojun was immediately greeted by everyone's cheers and applause, and then surrounded by everyone, he was thrown high into the air, although he was very unwilling to do so.

On August 8th, although international speculators frantically sold nearly 28 billion Hong Kong dollars of stocks in the market, Chen Daojun's funds were stable in advance.

Coupled with the appearance of the Huaxia National Team, relying on its strong financial strength, it finally defeated the attacks of the speculators, and firmly fixed the Hang Seng Index for this day at 60.21 points, only a slight drop of 0.78 points from the previous day. [-]% of the total.

Judging from the day's rise and fall, K-line chart and other indicators, today is undoubtedly a dull trading day.

But as long as you pay attention to the trading volume, the largest number of pending orders in the market and other data, investors will be surprised to find that this day's transaction can be regarded as the largest single purchase and sale in the history of Hong Kong stocks, and the largest daily turnover. , is by no means as calm as the disk shows.

In any case, today's past means that the August futures contract has officially come to an end, because these futures contracts will be settled in cash after today.

Since the Hang Seng Index did not experience a large drop, the Hong Kong stock market was temporarily saved, while international speculators completely planted hundreds of thousands of short-selling positions on the Hang Seng Index in August.

Some people have done preliminary statistics.

According to the closing index today, the vast majority of these international speculators have to pay at least 5 Hong Kong dollars in cash for each sell order on hand, while a few people may pay more.

For the entire short side, because they were forced into positions by bulls in August, a full 20 lots of sell orders were not sold out. In the end, these positions will have to pay a price of more than 100 billion Hong Kong dollars.

In addition to being hit hard in the index futures market, speculators were also hit head-on in the Hong Kong dollar market. Of course, their opponent here is indeed Xiangjiang Mansion.

Because there is a correlation between the two markets, and their losses in the stock index market.

It also made all their efforts in the Hong Kong dollar market come to naught.

For speculators.They played too big this time.

In the past half a month, they have dumped more than 2000 billion Hong Kong dollars in cash in the Hong Kong dollar market, hoping to hit Hong Kong in an all-round way in this way.

The short-term interest left to them alone adds up to an astronomical figure.And these are just interest.

There are also losses on interest rate futures.

Losses on bonds, etc., etc., a few estimates.

Some analysts believe that this action has cost international speculators at least US$100 billion, which may expand to US$150 billion in the long run.

Among them, Quantum Fund, the leader, is estimated to have lost at least US$15 billion.

While no one knows the true numbers, the market was cheered by the news.

However, in the eyes of professionals, they do not take this news seriously. For Quantum Fund, which has a fund management scale of up to 120 billion US dollars, a mere loss of 15 billion US dollars will not shake its foundation.

But for others, it means a lot.

In the past half a year, Soros and his Quantum Fund have been like the ever-victorious generals, rampaging in the money market in East Asia. To be forced to announce the devaluation of the ruble.

But now, Hong Kong has become the first and only place where he has failed.

That night, Mr. Huo, who never ate staple food at night, ate two extra bowls of rice with a hearty smile.

That night, Chen Daojun, who had won a big victory, asked his subordinates to move out a box of cash, and gave away at least 10 million Hong Kong dollars in cash at the 4000th anniversary event of Junchi Media!
The staff are all crazy with joy!
Everyone chanted: "Long live the boss!"

(End of this chapter)