Hong Kong Island, reborn Huo family, blocked Soros at the beginning

In the next few days, international speculators launched successive attacks, all of which were caught by the Hong Kong government, mainly because the Hong Kong government’s foreign exchange reserves were too much, a full more than 90 billion US dollars, almost difficult to shake.

To this end, Wall Street’s international speculators have once again stepped up their offensive and jointly reported news reports attacking the Hong Kong government’s government intervention policies, accusing the Hong Kong government of undermining the fairness of competition in the free market.

Even in the international community, the Hong Kong government is wantonly smeared, aiming to create panic and withdraw international capital from the Hong Kong government, and the huge pressure is like a dark cloud on everyone’s heads.

The Hong Kong government is under great pressure, but it is still unwaveringly implementing existing policies.

Huo Qixuan’s future capital followed the Hong Kong government to protect the market, and at the same time earned a total of more than three billion US dollars in profits in the stock market, which made the founders of the company blush with excitement.

After half a month of back and forth deathmatches, Soros’s quantum fund finally began to enter quietly, and the amount of funds reached a terrifying 12 billion US dollars.

Behind Soros, there is Wall Street capital, which has a volume of more than 60 billion US dollars.

The huge capital giant entered the market, and the stock market suddenly set off a terrifying shocking wave.

Soros personally entered, Hong Kong Island’s stock market and foreign exchange market was shaken like never before, they first bought a large number of Hong Kong dollars, and then sold a large number of 807 in the foreign exchange market, bought American knives, and then after a large amount of Hong Kong dollars entered the market and began to depreciate, and then recycled at a low price with a small amount of US knives and sold the purchased part.

The difference between this borrowing and repayment went into his own pocket.

The Hong Kong government has fought back fiercely, using foreign exchange reserves to recycle Hong Kong dollars in the market, or strictly prohibiting banks from lending Hong Kong dollars, but it still cannot compete with international speculators such as Soros.

At the same time, the Hong Kong government’s foreign exchange reserves have spent $80 billion.

Only 12 billion dollars remained, completely unable to resist.

But the Hong Kong government still insists on the exchange rate, otherwise once the Hong Kong dollar plummets, it will be out of control.

If they can’t stop Soros, the assets of the rich on Hong Kong Island will shrink significantly.

Their stocks turned into time bombs and had to shut down some companies and factories.

Even the transfer of large amounts of assets, further exacerbating financial chaos.

The middle class will panic, and all efforts will turn into bubbles.

Some people are even considering selling their houses, but they can’t sell them after repeatedly lowering the price, some cancel the life programs they enjoy, such as travel, and some people transfer their children from private schools to public schools.

As for the people at the lower levels, they were already struggling to survive, and at this time they had lost hope.

For them, life may change from three meals a day to hunger, from working at minimum wage to unemployment and no income, from being able to survive to seemingly having no way to live…

At that time, Hong Kong Island was the world’s fourth largest financial center, the sixth largest foreign exchange market and Asia’s second largest stock trading market, and Hong Kong Island’s major banks and other depository institutions had nearly a trillion US dollars in overseas assets, accounting for 8% of the world.

Such a huge amount of assets is fatal to Soros and others, and they want to tear off large pieces of meat from this huge piece of fat at any cost.

Since the end of October, international capital has sold a total of HK$100 billion for three consecutive days.

The scale is unprecedented.

Soon, the exchange rate of the US knife against the Hong Kong dollar approached the warning line again.

The citizens of Hong Kong Island are in a state of panic.

They see the horror of Thailand very clearly.

If the Hong Kong dollar falls to the thrash, their lives will be destroyed.

For a time, the gates of major banks were crowded with Hong Kong Island citizens.

They flocked to exchange their Hong Kong dollars for beautiful knives.

For them, the most immediate consequence of the economic crisis is that the money in their hands is no longer valuable.

They are powerless to think about anything else.

Converting assets into foreign currency was the last straw for their self-preservation in the financial storm.

Although the Hong Kong government has kept the stock market and futures market from collapsing, the price paid is also huge.

The Hang Seng Index plunged to 7,018. (Read violent novels, just go to Feilu Fiction Network!) ）

You know, on the same day last year, the Hang Seng Index was at an all-time high of 16,673 points.

Just one year later, Hong Kong Island’s total market value lost HK$2 trillion.

Soon, Exchange Fund Investment Limited (CIFG) was established to independently manage the Hong Kong government’s stock trading.

The Hong Kong Island Monetary Authority has also set up a temporary trading room with a few reliable personnel forming a war team.

In the trading war room, several telephone lines with recording functions directly connected to the major securities firms on Hong Kong Island, Chen Lin, president of the Hong Kong Island Monetary Authority, personally sat in command.

The buyers of the Hong Kong government are mainly the constituents of the Hang Seng Index and the Hang Seng Index futures.

During trading, they keep an eye on changes in the spot and futures markets so that they can adjust their strategies at any time to preserve the stock market at the lowest cost.

Of course, many listed companies on Hong Kong Island have not been idle and joined hands to buy back shares in the market.

In the morning, the stock market remained subdued.

But as soon as the noon trail appeared, the Hang Seng Index began to rebound against the trend.

Those international speculators, including Soros, did not expect that the Hong Kong government would take such a risk, and most people did not realize what was happening until the close of the day.

Some rejoice, others worry.

Li Kan is one of the joyful ones, the 10 million US dollars he invested before has now increased tenfold to 100 million US dollars, all of which are pulled from the body of international speculators.

However, Li Kan was not satisfied and unwilling to stop, and still let Huo Qixuan help him manage this billion-dollar knife, because the next step will really face Soros, and Huo Qixuan needs more funds.

“Xiao Xuan, you are my God of Wealth and my Jade Emperor.” Li Kan hugged Huo Qixuan desperately, and his face turned red with excitement.

100 million US dollars, Li Kan feels that he can retire now.

Huo Qixuan waited for him to finish being excited, patted him on the shoulder expressionlessly, and said:

“If you don’t let go, I will be strangled by you.”

“Ahhh Li Kan hurriedly let go of Huo Qixuan.

Huo Qixuan straightened his clothes and said:

“Are you sure you don’t stop now? 100 million is a lot of money. ”

“No, don’t stop, Xiaoxuan, you can use this money casually, if you need it, I will give you this life.” Li Kan patted his chest and said.

“Okay, then I won’t be polite with you.” Huo Qixuan said.

As he spoke, Shen Nanpeng and Zhang Lei both walked into the office.

Zhang Lei was very tired and tired, but he enjoyed it, and the back road that Huo Qixuan arranged for him to copy Soros and the others, he had completely laid out, and it had not been discovered by anyone.

“Boss, the situation is now very clear, not only Wall Street capital, but also some European funds have joined in, they have intervened almost without warning, and now it has reached the last moment, the ammunition of international capital is concentrated on the heavy component HSBC Holdings, everyone is closely eyeing this stock, and the Hong Kong government has even increased the amount of 30 billion Hong Kong dollars, strictly guarding against death.” Zhang Lei said seriously.

“Well, this is our opportunity, the Hong Kong government has attracted so much firepower, just give us the opportunity to copy the road, by the way, are the funds of the four major families entering?” Huo Qixuan asked.

“Entered, they mainly stared at blue chips such as Changjiang Industry and Huaxia Telecom, all of which were a group of cunning foxes.” Zhang Lei snorted coldly.