The years of red flags
Chapter 1070 Go Gambling
As time went on, Jiang Hua and the others threw 500 to 700 million into the stock market every day, taking over all the selling orders of hedge funds.
During this period, financial newspaper reports, as long as there were exclusive interviews with financial company bosses, all praised Jiang Hua and his colleagues for their righteousness, and basically single-handedly kept the Hang Seng Index from falling.
The further they go, the more comfortable Jiang Hua and the others will feel, because they have the advantage of time on their side. The Hang Seng Index will be settled soon, and those short positions will explode if they continue to be unprofitable.
Judging from market trends, some foundations have quietly closed their positions and quietly withdrawn from Hong Kong. However, there are also some people who are quietly increasing their chips and preparing to make a desperate move.
How can I put it, these people are addicted to gambling. When the future is already so uncertain, they still want to give it a try. This kind of gambler behavior will undoubtedly lose in the end.
In fact, as early as September last year, some authoritative figures in our country stated that the RMB will not depreciate. A wise person should see the determination of flower growers. However, there are always people who take chances.
It should be said that the energy accumulated by these people had some effect. After that, the attack intensity increased a lot. Even though Jianghua and the others increased their capital investment every day, the Hang Seng Index was still falling slowly.
The wealth accumulated by the people of Xiangjiang over the years is all in the stock market and property market, and it will be plundered by these hedge funds in the blink of an eye.
On the morning of August 14, the Hong Kong Monetary Authority held another short breakfast meeting. A mysterious force intervened in the stock market that day and accepted the selling of hedge funds. The stock index rebounded by 560 points that day.
The Hong Kong Monetary Authority held a press conference. Mr. Tsang said at the meeting that the Hong Kong government will personally take action and fight with the hedge funds that are causing trouble in Hong Kong.
That night, the mainland's authoritative media also released a message stating that the mainland would fully support Xiangjiang's actions and maintain Xiangjiang's financial status at all costs.
These two words were like two big hands, directly giving the two big bastards of the hedge fund a fight. Soros directly let them be slapped, and a chill suddenly rose from the bottom of his heart.
But the short sellers have made such a big bet that it is impossible to turn back. They can only go to the dark side.
The next day, the Chairman of the Ugly Federal Reserve stood up to voice his grievances for his Jewish compatriots, accusing Mr. Zeng and others of having lost their principles by intervening in the market.
According to Mr. Zeng’s later recollection, he cried a lot when he made this decision. This behavior indeed made him abandon his consistent principles.
Jiang Hua and others published a statement in the newspaper the next day, approving Mr. Zeng and his colleagues' actions with both hands, praising Mr. Zeng's behavior as the mainstay of Hong Kong's finance.
Coincidentally, the hedge funds were soon slapped in the face by a third big guy, and Big Bear's family also caused them to cause trouble. In order to stabilize its own financial system, Big Bear directly shut down the financial market for 90 days on August 17. God, this move is more direct and straightforward than Mr. Zeng's.
If the two big dicks in Xiangjiang and Mainland made them confused, then the big dick in Big Bear made them paralyzed.
The Tiger Fund is directly trapped in the big bear and cannot get out. The ugly Federal Reserve Chairman who was still blaming Mr. Zeng two days ago began to clamor for the U.S. and Western European governments and the financial community to do their best to rescue the Tiger Fund. He This behavior perfectly explains what it means to act and stand at the same time.
On the other side of the big bear, they have no choice but to put all their efforts on Hong Kong. But they don't know that the mainland has begun to support Hong Kong, and reserves of 190 billion Hong Kong dollars have been put in place. If necessary, It also has access to $100 billion in reserves.
The amount of ammunition in Mr. Zeng's hands is very sufficient, even if he shoots a Van Fleet, there will be no problem. Just when everyone was united in preparing for a major counterattack, Mr. Zeng asked all securities firms to ban lending funds to international hot money, directly cutting off this group of people's escape route.
When the time came to the 26th, there were only two days left before the settlement day, and the hedge funds were a little confused.
The first night, Mr. Zeng contacted Jianghua and the others. As soon as the stock market opened the next day, they took the initiative to sell Hong Kong stocks. This was a trick to lure you into trouble.
The hedge fund didn't know the truth and thought its good days were coming, so it quickly followed up. In two minutes, the Hang Seng Index fell by 160 points, and the Hang Seng Index futures fell by 300 points.
Just when the hedge funds were secretly rejoicing, Jiang Hua and Mr. Zeng turned around and bought large amounts of stocks and futures. The stock market fell slightly by 0.6% that day.
The 27th was the day before the settlement date. Hedge funds began to fight against the odds. Within fifteen minutes of the opening, selling orders reached as high as HK$1.9 billion. One brokerage sold 100 million shares of Xiangjiang Telecom at HK$15 per share.
Unfortunately, there was not even a splash, and all 100 million shares were snapped up by Mr. Zeng and Jiang Hua. In the end, the Hang Seng Index closed at nearly 8,000 points that day.
You must know that U.S. stocks, European stocks, Latin American stocks and Asian stocks all fell sharply that day, but only Hong Kong stocks rose 88 points at the close, making it the only market in the world to maintain a red market.
After the market closed that day, the whole Xiangjiang was very quiet. Everyone in the Jianghua team gathered in the villa. Everyone was drinking tea and coffee, and no one felt sleepy.
Jiang Hua and Mr. Huo also made a phone call with Mr. Zeng. It could be heard that Mr. Zeng's tone was relatively relaxed and he was optimistic about tomorrow's decisive battle.
"Jiang Sheng, Huo Sheng, don't hide anything tomorrow."
Jiang Hua laughed loudly: "Then I must do my best. If Hengsheng cannot hold on, I will have to compensate the people of Xiangjiang with all my wealth."
"Jiang Sheng is really grand." Mr. Zeng said with a smile: "It's a pity that the people of Xiangjiang don't have the blessing to divide your wealth. Let's make a coffee date the day after tomorrow and have a good chat."
Mr. Huo smiled and said, "I have no problem with Jiang Hua, but I'm afraid Mr. Zeng doesn't have the time."
"Definitely. Drinking coffee with Mr. Huo and Mr. Jiang means I have to make time."
After communicating with Mr. Zeng, another unfamiliar call came to Jiang Hua's mobile phone.
After answering the call, I learned that the vice presidents of the two major domestic banks will fly to Xiangjiang tomorrow morning to take charge. At that time, all 24 red-chip and blue-chip listed companies must fully participate in the financial defense battle in Xiangjiang. This call is to contact Jianghua. Wait, let's all exchange ideas tomorrow.
After answering the phone, Mr. Huo took a chess board and put it in front of Jiang Hua: "Let's kill a game. Xie An of the Eastern Jin Dynasty was playing chess while saying that the younger generation had defeated the enemy."
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