Chapter 1111: Victorious Ending
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International speculators have moved their April contracts to May in an attempt to recoup their losses with their strong financial strength.
It can be said that May is the contest between Chen Kangjie and international speculators with a special background, May 1 Friday is the International Labor Day, Hong Kong stocks are closed, starting from May 4, Chen Kangjie and the opponent with a big strategic purpose of the contest really began, the opponent wants to suppress the index, and Chen Kangjie on the contrary, must raise the stock market steadily, so that the opponent loses the opportunity.
The two sides invest up to 100 billion Hong Kong dollars every day, because it is a protracted war, so there is no large-scale use of funds like April 28, but, aside from that day, at least more than half of the time in May the transaction volume hit a record high, just like the Olympic Games, maybe a certain record has not been broken for many years, but the world record has been broken many times in a single game, which is commendable.
The protracted war is also a war of attrition, it depends on who first consumes the opponent's funds, in addition to planning and tactics, the competition is more about relying on basic strength, if this piece is missing, no matter how good the planning and tactics are zero, just like the battle between the two armies, strategy and tactics are important, but if the strength is far apart, those are all in vain, so there is a saying: one force down ten will, the strength is as solid as a rock, with your southeast and northwest wind, I just stand still.
It only took 10 days, and as of Thursday, May 14, the two sides had invested more than 1 trillion Hong Kong dollars in the Hong Kong financial market.
Throughout September, the Hong Kong stock market has been outstanding, and has always maintained an upward momentum, rising by dozens of points at least and by one or two hundred points, but the New York market, which has always been the boss, is relatively volatile, rising and falling non-stop, and other stock markets are similar.
There are two reasons for this situation, first, from the beginning, Chen Kangjie and the opponent invested the amount of money compared to six to four, this is his adjusted tactics, he intends to make the opponent at the beginning of a sense of powerlessness and fear, because the investment is not proportional, the stock market is naturally to maintain an upward trend, this opponent does feel it, after a month of defeat, they have lacked confidence, now Chen Kangjie directly gives them a feeling of Mount Tai pressing, if they feel that the funds are sufficient, Then what they feel from the market is that the opponent is more sufficient, they invest 20 billion, and the opponent not only collects all the orders, but also invests 10 billion more, they invest 40 billion, and the opponent simply invests 60 billion, which is very demoralizing to people's confidence.
Second, such a large scale of funds into the Hong Kong financial market, will inevitably draw funds from other markets, those big investment banks and funds to speculate in Hong Kong, where do those funds come from, of course, from the United States and Europe, so, there will naturally be some undertrading, coupled with Chen Kangjie deliberately and steadily raise Hong Kong stocks, so that they maintain an upward curve, a large number of small and medium-sized investors naturally see the opportunity to make money, so they also follow a large number of buy stocks, As a result, the upward momentum of the stock price in the later period is faster.
Since May 15, Hong Kong stocks have returned to the 10,000-point mark, which has given opponents a feeling of weakness.
In just half a month, Chen Kangjie ate more than 550 billion Hong Kong dollars, and the price was not high.
"Comrade Xiaojie, how much financial strength do you have?" , I wonder about Chen Kangjie's endless flow of funds, and I just heard the special report to Beijing to report that defender Zhonghua knew that Chen Kangjie must not be in school again, so he made a phone call.
Last time, Chen Kangjie skipped class for a day and a half, but he did not receive any punishment or criticism after returning to school, it is no wonder that the counselor of their class was originally a trustworthy person carefully selected by Principal Yu Weimin.
Principal Yu did not say Chen Kangjie's identity, the counselor regarded Chen Kangjie as a relative of a high-ranking official, there are always some individual special groups in the school, their family relationship determines that they can get some preferential treatment, when I heard the principal's special explanation, the counselor thought that the surprise was Chen Kangjie's pseudonym, but when he saw Chen Kangjie, his "ugliness" turned all the counselor's surprise into nothing.
Recently, although the struggle between China and foreign countries in the financial market has not ended, the daily investment of funds is still quite large, but the pressure on the government side has not been so great, they have kept the difficult April, and the market information in May is getting better and better day by day, everyone will feel a lot less pressure, and, after this period of buffer, the government has quickly found some institutional solutions in the summary, these methods do not require the government to spend much money to reduce the threat brought by speculators by half.
"Leader, why do you ask that?" , Chen Kangjie kept a cautious eye and asked rhetorically.
"Hehe, nothing, I just thought, the central government has only supported it for more than ten days, and you have been supporting it for more than ten days alone, and I am a little worried that you will not be able to succeed you", Wei Zhonghua said to him.
"You're really right, I just don't want to put pressure on you, in fact, I can't support it for long, and at the same time, I feel that the opponent's general trend is going down day by day, so I didn't report it," Chen Kangjie said pretending to be calm.
"Oh, I'm just surprised, the last time you sued me, you only had tens of billions of dollars, and you invested so much money everywhere, and now you can still get so much money, I feel very surprised."
"It's not difficult to understand, the value of money lies in the investment, it was so much at that time, but I didn't let that money sleep a lot, in a few years, it is normal to double the profit by one or two times, Uncle Wei, you don't want to reward me with some credit for my merits." , Chen Kangjie is naughty in his strict sรน, but he doesn't want Wei Zhonghua to touch it to the end.
"Reward you, don't think about it, I guess you may have more money than the treasury, you don't expect to get real benefits from me, no matter how much follow-up funds you have, I called you, it is to tell you, we have reached some consensus with the United States, there is no need to conduct these contests again, in three days, the Hong Kong government will issue some new regulations, then this battle can be over, and there is no need to raise the stock price too high in the next few days, this is also to protect you", Wei Zhonghua said on the phone.
Last month, the US side lied that it was the behavior of the market, had nothing to do with them, and did not have direct contact with the Chinese representatives, but after 28 April, when it had already suffered huge losses, the US side's attitude changed considerably, and it was not only willing to make contacts with the Chinese side, but also made some negotiating concessions on China's accession to the WTO and supported China's bid to host the Olympic Games. The two sides reached a consensus that US funds could be withdrawn with reduced losses.
Considering the overall situation of the Sino-US exhibition, the Chinese side agreed to this proposal, but it is necessary to take into account the idea of Chen Kangjie, a great hero, so Wei Zhonghua personally came forward to call, besides, there must be Chen Kangjie's support in this, otherwise, if Chen Kangjie does not stop, they will be useless.
"Oh,,,,,, then I can't ask for it, it's great if the government has a way to solve it, I'm worried about exhaustion, if I can do this, it will be the best ending, everyone will be happy", Chen Kangjie hesitated for a while, and then agreed in support.
Chen Kangjie's concession is also considered by multiple factors, on the one hand, he can retain and keep his strength secret, on the other hand, he can also accept it when he sees it, if the Yankees are really in a hurry, they take out the national strength to die, Chen Kangjie really has no chance of winning, they can continue to bet the contract back, once it becomes a real protracted war of attrition, unless Chen Kangjie really comes up with trillions of dollars, otherwise, it will not be good for Hong Kong, after all, he has made a lot of money now.
On 18 May, the Hong Kong Monetary Authority promulgated new regulations on foreign exchange and securities trading and settlement, which greatly restricted the speculation of speculators; on the same day, the Hang Seng Index soared by 588 points, and the losses of international speculators further intensified.
The stock index futures in May are on the 29th, on this day, the buyer and seller delivered smoothly, plus the bank's call interest, the international speculators ended up with a loss of more than 1.6 trillion Hong Kong dollars, of course, the biggest loss is not Soros and others who are standing in front of the stage, he himself lost 1.2 billion US dollars, and the real loss is the Federal Reserve funds that entered through multiple turning channels, anyway, for Soros himself, it is also the biggest failure of his financial investment career.
Take Xiang Yan as an example, because he invested heavily in stock index futures that he had never been involved in, in addition to the losses in the stock market, he also earned 6.7 billion Hong Kong dollars, he has been in the business world for nearly 30 years, and has never made so much money, and it is only half a year.
Naturally, the bulk of the money is Chen Kangjie, Chen Kangjie's money is made by betting heavily in the futures market, more than one trillion Hong Kong dollars, followed by the SAR government, they not only bought Hong Kong dollars at a low price in the money market and made tens of billions of Hong Kong dollars, and finally held 1.9oo billion Hong Kong dollars in stocks.
The money invested by the central government has also been earned, and they have made a profit of more than 60 billion Hong Kong dollars, more than half of which was obtained by transferring their shares to the Hong Kong government.