The Son of Finance of the Great Age

  Chapter 440 Each Demonstrates His Abilities (Part 2)

  Sudden selling orders devoured everything in the market, and many indicators including the Hang Seng Index plummeted, pulling out a long straight line of decline, leaving everyone dumbfounded.

The Hang Seng Index did not stop falling because of their stunned eyes. Instead, it fell more and more. In just three minutes, the Hang Seng Index fell by more than 300 points amidst the shocking eyes of everyone. Some small and medium-sized investors were out of their wits and their hearts were broken.

In the end what happened?

   This is a question that lingers in most people's minds.

  …

   "Click", with a crisp sound, the light came back to the trading floor of Tianyu Fund, and various electrical appliances also made creaking sounds.

  Everyone breathed a sigh of relief in unison, then frantically turned on their computers, and when they logged in to the Bloomberg terminal page, they were surprised to find that the Hang Seng Index had plummeted by nearly 300 points.

   "My God, the Hang Seng Index has plummeted as the boss said!"

   "There are eleven sell orders on HSBC Holdings, with a total of about 2,000 lots and a value of more than 100 million Hong Kong dollars. God, those who bought just now are so unfortunate!"

   "The same is true here. Hong Kong Telecom fell by 3.5%, all of which were caused in the past three minutes."

  …

  A gasp of exclamation filled the entire trading floor in an instant. Almost all traders and researchers were shocked and confused by the changes in the market in the past few minutes. However, after thinking about what Zhong Shi said a few minutes ago, the expressions on their faces gradually eased, and they all raised their heads to look at Zhong Shi, their eyes full of admiration and conviction.

"What are you looking at me for?" Zhong Shi looked himself up and down subconsciously, and after making sure that there was nothing out of the ordinary about him, he realized after a little thought, so he immediately lowered his face, and reprimanded him pretending to be serious He said, "Hurry up and do something! Since the other party has made a move, now is a great opportunity for us to absorb low-priced stocks. Why hesitate? Take action quickly!"

  Traders suddenly realized this, and they once again threw themselves into the battle with the bears. For a while, the crackling sound sounded again in the trading hall of Tianyu Fund.

"what's going on?"

   While everyone was not paying attention, Zhong Shi quietly walked outside the door and asked Ma Jiarui who had just returned from the property office in a low voice. At this time, Ren Ruowei also rushed over, and the three gathered together to discuss the unexpected situation just now.

"The person in the property said that a person wearing a peaked cap pulled out the fuse on our floor and ran away during the chaos!" Ma Jiarui said out of breath, "In addition, all the telephone lines on our floor have been cut by someone. It was done at the same time as the person who cut off the power supply, and now the people in the property are urgently contacting the people in the phone company, and I believe it will be connected soon."

"Zhong Sheng, is what you said true?" After listening to Ma Jiarui's narration, Ren Ruowei's face changed, and then he asked Zhong Shi in a panic, "If it is true that we were exposed, then international speculators only need to put If this news spreads, isn’t the Hong Kong government shooting itself in the foot with its previous remarks? And we also have to face the attacks of speculators head-on?”

"They finally made an outside move!" Zhong Shi nodded to himself, and did not immediately answer Ren Ruowei's question, "This is their usual trick. Fortunately, they used it at this time. At a critical time, that’s really a big deal!”

Looking at Ma Jiarui and Ren Ruowei who were looking at each other, Zhong Shi suddenly remembered something, then frowned, and patiently explained: "Actually, whether this news spreads or not, it will not have any impact on the market at all. When the time comes, the government will On the one hand, as long as a newly established fund company enters the market, everything will be explained clearly. Not only will the speculators not benefit, but they will also get a notoriety for speculation. Therefore, as long as they are decision makers with a little bit of judgment, they will not to spread the news."

"The most critical issue now is that they may already know that we are the actual pallet people, so the attack against us will increase. My biggest concern now is the issue of funds. If in this campaign, our funds are exhausted Light, and if the government does not provide assistance, I am afraid we will have only a dead end at that time!"

   "But...but...how did they know about us?" Ren Ruowei was shocked, his face changed for a long time, and then he stomped his feet suddenly and asked anxiously.

"There's nothing strange about this!" Ma Jiarui touched his chin calmly and said calmly, "We have used so many brokerage channels, as long as there is a broker who is not strict and leaks a little bit, it is enough to make them People in Hong Kong know about it. This time, if we test it again, it will be enough to confirm our identity!"

  After explaining, he turned his head to Zhong Shi again, and asked worriedly: "Zhong Sheng, didn't you reach a deal with the Hong Kong government? Could it be that they can't make a deal at a critical moment?"

"An agreement has been reached, but we used our own funds!" Zhong Shi walked back and forth for two steps, and said upsetly, "It is impossible for us or the Hong Kong government to compete with international speculators. We are fighting a protracted war. Speculators are the same, both sides need a quick solution. But the problem now is that even if we win this time, international speculators may make a comeback at some point in the future, and we will really It's miserable!"

  Although the average price of opening a position is around 7100 points, which is very cheap according to the current situation, who can guarantee that the Hang Seng Index will not fall to a lower level? This was Zhong Shi's biggest worry.

"So far, we can only take one step at a time. Maybe the Hong Kong government will change the rules of the game at that time!" Seeing that the atmosphere was a little dull, Zhong Shi forced a smile and patted the two of them on the shoulders. Shoot, and then strode into the trading floor.

  …

   "George, it really is them!"

In Manhattan, New York, Druckenmiller pointed to the sudden buying in the market, and excitedly said to Soros: "Now the situation has been confirmed, let's release the news quickly! This is just a hedge fund without any government background." , as long as the relevant news is released, not only the Hong Kong market, but the whole world will probably be shaken by it."

"Relax, Stanley!" Soros lay leisurely on his seat, half-closed his eyes, looking very lethargic, "This news is not what we really want, it is to test his financial strength." Our real purpose. As for the reputation, the Hong Kong government can get away with just a little excuse, don’t forget, these politicians are best at ambiguity.”

"Since it is now clear that the Hong Kong government has not really entered the market, we only need to use up the funds of the largest long position in the market at a critical moment, and the rest is not important. I don't believe that the size of a hedge fund's funds Can they resist the combination of us and hot money? Just wait, in a few days, they will die without a place to bury them. I'm really looking forward to it, God!"

   "But..." Druckenmiller didn't give up, and wanted to say something.

But Soros didn't give him a chance, and directly interrupted what he wanted to say roughly, "Stanley, in fact, this matter has nothing to do with whether the Hong Kong government takes action. Even if we tell the whole world, they will They will say that this so-called Tianyu Fund has their funds. Now what you have to prepare is how to mobilize the greatest public opinion and influence to defeat the "Hong Kong government" in the stock market and futures index in August. As long as we can maintain profit, then the attacks on Hong Kong will continue, and one day even if the real Hong Kong government takes action, we will be consumed alive by us."

"So the crux of the problem is whether we can guarantee continuous profits by attacking Hong Kong's capital market. Therefore, no matter what, the futures contracts at the end of August must not be transferred, and they must pay a heavy price through a strong attack." The price. Only in this way can we win people's hearts and continue to be used by me. Stanley, do you understand?"

   "So, no matter what, the futures index market in August must not be lost?" Druckenmiller's face turned serious, and he instantly understood the cause and effect relationship.

"That's right!" Soros nodded approvingly, and then said, "No matter what, we have to raise more stocks to short, no matter if it is borrowed from a broker or from a major shareholder, as long as we can We borrowed stocks, we used them to crazily suppress the Hong Kong stock market, and then borrowed futures to make a profit. I believe they should also see this, so in the last few days, the competition between the two sides is the strength of funds. And you At that time, stand up and make some remarks, encourage other small and medium-sized hedge funds to enter the market together, and work together to destroy this so-called Tianyu Fund. At that time, even if the Hong Kong government enters the market, I am afraid it will be useless!"

"I understand what you mean!" Druckenmiller thought for a long time, and finally nodded calmly, "However, George, don't you think our position in Russia is a bit too large? It has already accounted for the entire A quarter of the capital scale, this ratio is really too high! I'm afraid..."

Soros tilted his head, stared at Druckenmiller seriously, rubbed his hands subconsciously, and said with some embarrassment: "Stanley, although you are fully responsible now, I, the founder, should also listen to you But this opportunity is really rare, and the Russian government has already shown signs of failure, so I increased the position. But since you said so, I also think it may be too radical. According to your analysis, how much should we invest? Suitable?"

"No more than half of the current ratio!" Druckenmiller was about to blurt out, but suddenly stopped abruptly. He remembered that during the Battle of the Pound Sterling, Soros threw himself into it desperately, and finally miraculously won. But now the situation is so similar, so after a little thought, he said: "Withdraw one billion US dollars first and invest in the Hong Kong market! The rest will wait and see. If the situation is really as they expected, we will increase our efforts to enter the Hong Kong market." It's not too late!"

   "Okay, just do as you want!" Soros took a deep look at Druckenmiller, unexpectedly did not refute anything, "Stanley, Hong Kong will be handed over to you!"

   "Yes!" Druckenmiller nodded emphatically.

  …

The Hong Kong stock market on this day was that it opened at 7443 points in early trading. Amid the positive news that the mainland government made it clear that it would support Hong Kong, the Hang Seng Index once jumped more than 200 points in the intraday session. A sudden large-scale attack caused all buying to disappear instantly, and the Hang Seng Index plummeted by more than 300 points. Three minutes later, the main funds that the stockholders thought were the Hong Kong government's shot suddenly appeared in every corner of the market, and started a fierce contest with the raging short sellers everywhere, and the bullish funds also entered the market after the main funds. The market is bullish. After the initial main force was exhausted, the bears did not entangle with the bulls. They just set up some obstacles at each integer point, and retreated slowly in a planned and step-by-step manner. Under this kind of fighting situation, the Hang Seng Index eventually not only regained the lost ground, but also rose 317 points all day, or 4.22%.

   This is also the last time the Hang Seng Index rose sharply in August. In the next trading days, both sides will not give up an inch, and will start a desperate competition at every price!

   Thanks to book friends James Wukong, 8112268536, and The Wolf Wandering North America for voting monthly!

  (end of this chapter)