Siheyuan: How many worlds does the system integrate?

From the second day after returning to Hong Kong Island, he began to prepare for the follow-up matters without stopping. In order to ensure a smooth transition of Hong Kong Island, everything must be prepared in advance.

Li Xuewu visited those business tycoons non-stop to discuss with them how to stabilize the Hong Kong economy. At this time, international capital has quietly launched an attack on the Hong Kong stock market, and it is necessary to prepare for a rainy day and prepare a response strategy.

At the same time, he also told He Qiang to pay close attention to the market trends, and especially to be wary of Xiao Rizi, Bald Head and Bald Eagle taking advantage of this opportunity to stir up trouble.

After everything was deployed, more than a month had passed unknowingly.

As the day of the official handover draws closer, the atmosphere becomes more solemn.

The day of the handover ceremony finally arrived. Li Xuewu took the invitation letter and went to watch the ceremony as a representative of the business community.

Amid the anticipation of everyone, the flag that had been stained red with the blood of countless martyrs once again flew high over Hong Kong Island.

At this moment, the huge rock hanging in Li Xuewu's heart finally fell down safely.

He was very worried that the butterfly effect caused by his appearance would lead to some uncontrollable situations, but fortunately, everything went smoothly as planned.

Now that we have succeeded here, the next task is to deal with international capital with all our strength.

Those international capitals were rampant in the Southeast Asian financial markets. Taking country T as an example, they first borrowed T baht from the central bank of country T, and then exchanged them into US dollars in the foreign exchange market.

This operation is repeated continuously, and at the same time, it attracts public attention through media publicity, causing people to follow suit and exchange for US dollars, forming a herd effect.

This ultimately led to Country T being unable to maintain a fixed exchange rate system and being forced to allow the exchange rate to be determined by market supply and demand, which directly led to the collapse of Country T's financial market.

Ordinary people began to panic and run on US dollars, causing the baht to depreciate to a very low price, or even lower than cabbage.

At this time, international capital once again exchanged the US dollars in their hands for T baht, because the current T baht price is as low as cabbage. Finally, they returned these T baht to the central bank of T country and left easily!

Except for the initial cost of mortgaging and borrowing T coins and the operating costs, it can almost be said that it is a zero-cost, profit-making deal!

Through this operation, international capital has made profits of over 10 billion US dollars.

Having tasted success, they continued to do the same thing. This time they attacked everywhere, targeting the monkeys and killed them all.

And now, these greedy guys have turned their attention to Hong Kong Island.

At this time, Hong Kong Island has entered a state of full alert.

Li Xuewu knew the importance of this battle. He quickly gathered all his elites together and gave them strict orders: "We must unite and go all out to deal with this crisis."

As the market defense war officially began, Hong Kong Island ushered in a thrilling financial storm. Facing the strong impact of huge capital, Hong Kong Island can only rely on continuously improving the exchange rate to resist.

However, the cost of doing so is huge.

Raising the exchange rate will make short-selling speculators unable to bear the high cost of short-selling, and eventually choose to surrender. But at the same time, the currency of Hong Kong Island will also begin to depreciate significantly.

The strategy seemed to have some results, and those speculators surrendered one after another.

However, what followed was that the Hong Kong currency depreciated faster and faster, even reaching an alarming level of 10% depreciation per day. People began to panic and the entire market fell into chaos.

The depreciation of the currency directly triggered a financial crisis, the impact of which was staggering.

The stock market plunged nearly 40% in just three months, and investors watched their wealth evaporate.

The real estate market is even more dire. House prices have been falling again and again, almost breaking through people's psychological bottom line and plunging countless people into despair.

By 1998, the cunning international capital made a comeback, but this time they had learned their lesson.

First, they cleverly took advantage of currency fluctuations, going long on the U.S. dollar and short on the Hong Kong dollar to earn the exchange rate difference; then, they quickly changed their strategy and turned to going long on the Hong Kong dollar, attempting to make a fortune when interest rates were raised.

At the same time, they were frantically shorting the stock market, trying to destroy the Hong Kong economy in one fell swoop.

These international capitalists are calculating and believe that Hong Kong's foreign exchange reserves are simply not enough to compete with their huge financial resources.

In this thrilling financial war, Hong Kong faces unprecedented challenges and may lose everything if it is not careful.

This thrilling financial war reached a critical turning point in September 1998.

The Long-Term Capital Management Company under the Bald Eagle was once at its peak, with huge profits every month and no risk at all.

However, with the default of the Russian government bonds, the company suffered a heavy blow. Due to excessive use of high leverage, they had to face the fate of complete liquidation.

This incident, like a fuse, triggered a crisis in the Wall Street banking industry, and many banks fell into difficulties.

Faced with such a serious situation, the Federal Reserve held an emergency rescue meeting and summoned all major investment banks to discuss countermeasures.

At the meeting, everyone was asked to jointly contribute funds to rescue Salomon Brothers to solve its debt problems and share the losses. However, at this moment, a shocking scene happened - Lehman Brothers refused to lend a hand!

This move was like a bombshell, instantly causing Bald Eagle's stock price to plummet.

Then, the Federal Reserve hurriedly took action and cut interest rates three times in a row, but it still failed to stop the bank from going bankrupt, and the market collapsed as quickly as an avalanche.

At this time, the Rabbit family also took decisive action, and a large amount of funds continued to flow into Hong Kong Island. In just a few days, they successfully pulled the stock market back on track from the brink of collapse.

This situation caused those international capitals to start suffering losses.

Faced with this situation, these capitals naturally want to withdraw from the Hong Kong Island market to avoid further losses.

However, it was already a critical moment with the bayonets drawing blood. How could we just run away?

Hong Kong Island quickly gathered its forces to launch a counterattack against international capital. As one of them, Li Xuewu did not hesitate to join the counterattack.

Not only that, he adhered to the principle of "it is impolite not to reciprocate" and took advantage of the decline in the bald eagle stock market to decisively withdraw hundreds of billions of dollars of funds and rush into the bald eagle market.

After a fierce battle, international capital was finally defeated and fled, losing almost all the profits it had previously earned from the monkeys to Hong Kong Island.

At the same time, Li Xuewu made a fortune in the bald eagle market.

After this incident, people have realized that in order to deal with similar crises, not only sufficient foreign exchange reserves are needed, but also joint intervention from institutions such as the government and the central bank. Therefore, efforts have begun to be made in this regard.

A year later, Macau Island, adjacent to Hong Kong Island, also successfully returned to the embrace of its mother.

Li Xuewu's historical mission on the two islands has been completed, and his main focus will now be on domestic economic development.

Time is passing by minute by minute, and we will soon enter the new millennium. This is the era of the rise of the Rabbit family.

Looking back at the sky of Hong Kong Island, Li Xuewu and his family boarded the plane back to Beijing.