Rebirth 76: Industrial Internet Empire

Chapter 359 The decisive battle in Xiangjiang

8 month 25 day.

There are only 10 days left until the settlement date.

Two deputy governors of the central bank flew to Hong Kong to supervise the war, and almost all Chinese financial institutions in Hong Kong received verbal notices to enter the market to protect the market.

The cunning international speculators caught the Hong Kong Monetary Authority off guard...

Centaline Real Estate, not far from the Xiangjiang Stock Exchange, is the earliest real estate agency established in Xiangjiang.

Early in the morning, each chain store of Centaline Real Estate received more than 20 entrusted sales of properties. What surprised the store owners was that the prices of these entrusted properties were almost all [-]% lower than those of surrounding properties...

The staff kindly suggested that they could increase the selling price by another 2-3%. The strange thing is that these house buyers all looked very panicked and said, "Just sell it at this price! We have to sell out the immigration quickly. Didn't you hear the demand?" What did Ross say on TV? That is the largest hedge fund on Wall Street. It has never lost in the financial market. Even the central banks of Germany and Japan are not their opponents..."

At this moment, a home buyer who had just signed a house purchase contract and paid a deposit gave up and noisily asked to check out. Of course the landlord who was selling the house refused. Compared with the newly-emerged houses, there was a price difference of hundreds of thousands. Well, no one is willing to make concessions. The public is right and the mother-in-law is right...

The noise attracted many onlookers. During the commotion, people came intermittently to sell houses with real estate certificates. Within half a day, dozens of low-priced houses came out.

"It was no coincidence" that this incident happened to be seen by a passing reporter. Under the reporter's "flower-like pen" exaggeration, the panic in the property market was aroused.

Those who originally wanted to wait until they decided to buy a house, but those who planned to sell their house, also lowered their expected selling price. What's even worse is that at the entrance of some sales offices, people began to clamor to check out...

Under the raging financial crisis, most Xiangjiang citizens are in danger. Whenever there is any disturbance, they will automatically think of the Japanese stock market crash seven years ago. International speculators only used more than 100 low-priced houses, and with the cooperation of the media Next, it burst the real estate bubble in Hong Kong...

Wednesday, April 8.

At the beginning of the morning trading, there was an overwhelming amount of selling orders, especially in the financial and real estate sectors, which became the hardest hit areas attacked by international speculators.

Led by financial and real estate stocks, the Hang Seng Index fell below 7500 points and has fallen close to 8000 points from its high. The wealth of countless investors has been bloodbathed by international financial predators, and the Hong Kong Monetary Authority has been forced into a corner.

Zongheng Investment Headquarters.

The liaison officers sent by the Hong Kong Monetary Authority were as anxious as ants on a hot pot. They circled around Yang Mo. They hesitated to speak several times, but they had to abide by their original commitment and not interfere with the operation of Zongheng Investment.

"Yang Mo, it's 7300 o'clock..." Guo Kexin urged.

"No hurry!" Yang Mo was like a sculpture, with no expression on his face.

"Yang Mo, if we don't fight back, we will fall below 7000 points!"

Yang Mo's eyes were fixed on the board, but there was still no reaction.

At the close of the morning market, international speculators broke through the 7000-point mark as they wished.

"Beep beep..."

Ren Zhigang's hoarse voice came from the microphone: "Mr. Yang, it's 6850, and there are only 7.5 trading days left before the settlement day. We don't have much time left. When will Zongheng Investment prepare to start a counterattack? Give me a Exact words!"

"Director Ren, I can't give you an accurate answer. It needs to be based on the cost of their positions in the Hang Seng Index futures contract!" Yang Mo said in a deep voice.

"Mr. Yang, if Zongheng Investment doesn't go all out, the situation will start to get out of control. According to the latest data from our Monetary Authority, nearly [-] billion US dollars of capital have poured into Hong Kong. It's not just Quantum that is eyeing the financial market in Hong Kong. Fund and Tiger Fund!" Ren Zhigang said worriedly.

After Yang Mo pondered for a long time, he said: "Director Ren, give me another two and a half days. The Hong Kong Monetary Authority has used fuel-adding tactics in the foreign exchange and bond markets in the past two days, showing its inexhaustible strength and letting them see that they can do it in one fell swoop. A chance to defeat the Hong Kong dollar!”

Ren Zhigang said in a hoarse voice: "When did this happen? Do you still want to deliberately expose your flaws to lure your opponents? Are you really sure of killing them? Let me tell you, in Xiangjiang these days, there are more than nearly [-] billion in hot money. Through various channels, according to reports from the Immigration and Entry Administration, the presidents of multinational capital groups such as Goldman Sachs, Qianhai, and HSBC have also arrived in Xiangjiang..."

"Director Ren, just trust me this time and do as I say. I won't let you regret it!" Yang Mo remained unmoved and insisted on his own ideas...

As soon as the afternoon market opened, the 6800 point was announced to have fallen.

"Kexin, I used my secret account to buy multiple positions in the Hang Seng Index futures contract at the market price, and made a posture of resistance!" Yang Mo said in a deep voice.

Guo Kexin nodded in agreement.

Five minutes later, all the short orders in the Hang Seng Index futures contract were wiped out.

……

Quantum Fund, Tiger Fund temporary headquarters.

Zhukenmiller's eyes were fixed on the market. For some reason, the changes in the Hang Seng Index futures contract actually made Zhuckenmiller feel a little undetectable in his heart.

"Stanley, the situation has been decided! What else do you have to worry about?" Julian Robertson said disapprovingly.

"No...no, Julian, why are there so many long orders in Hang Seng Index futures contracts at this time?" Zhukenmiller said worriedly.

"This is normal! The Hang Seng Index has fallen by more than 9000 points, and there are always some short-sighted profit takers who have closed their positions!" Julian Robertson explained.

Zhukenmiller was still a little worried. After pondering for a long time, he turned around and ordered: "Anna, sell 6900 short lots at 2000 points to test the market reaction..."

Anna nodded in agreement and then turned and left.

Five minutes later, the 5 short orders that jumped off the market still showed no transaction. Only then did Zhukenmiller let go of his worries and continued to open large short orders at market prices unscrupulously.

The reaction of the Hang Seng Index also verified Julian Robertson's judgment. Under the strong offensive of international speculators, many parties retreated after a little resistance, and the Hang Seng Index fell below 6700 points again.

Perhaps the Hang Seng Index futures have accumulated too many profit orders. The short orders opened by international speculators at the market price have basically been completed. The Hang Seng Index futures spot contract and the real-time index have even begun to show a slight scissor gap, and the multi-party forces have begun to rise...

Yang Mo was not willing to let go of this opportunity to force a position. He stood up suddenly and said loudly: "Be prepared to counterattack. Use the account given to us by the Hong Kong Monetary Authority to buy Hang Seng Index constituent stocks. Five minutes before the market closes at noon, we will buy the Hang Seng Index." Pull it back to 5 points..."

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like