Chapter 1107: The White Heat Stage

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As the days approach, the chances of foreign financial predators becoming more and more likely to win, and their investment is getting more and more, and it seems that they have a steady stream of funds.

On Monday, April 13, after the Hang Seng Index was suppressed to 666o points, the Hong Kong government organized Hong Kong capital, Mainland funds into the market, and opponents to start a battle for the August stock index futures contract, speculators to suppress the index, the Hong Kong government to hold the index, forcing speculators to contract can not be cashed out before the end of August, the Hong Kong government after entering the market to buy a large number of international speculators short August stock index futures contracts, they must push the stock index from 661o points to higher than the average opening price of 75oo points for investment speculators, to achieve victory, after the close of the day, the Hong Kong government announced that it has used the exchange fund and the foreign exchange reserves provided by the country to intervene in the stock market and the futures market。

On 14 April, in order to safeguard the Hong Kong dollar, the Hong Kong government entered the stock market and the futures market with a huge amount of exchange funds to engage in a more direct and fierce confrontation with speculators, and the Hong Kong government issued instructions to a number of securities banks in Hong Kong, such as the Bank of China, Victory, and Hesheng, to absorb a large number of blue-chip stocks of the Hang Seng Index, saying that it would raise the stock index in August by 8oo points at any cost.

Prior to this, some speculators expected that the SAR government would personally intervene when it could not stand it, so although they criticized the Hong Kong government for its abnormality, they still had the bottom in their hearts.

It's just that they didn't expect that the central government would help Hong Kong regardless of anything, and if the mainland only ensured that the renminbi did not depreciate, it would be better to say, but the reality is that the central government not only provides policies, but also really contributes money, and the amount is quite large.

The reason why they predicted that the central government would not rescue Hong Kong at any point was that on the one hand, there was no 100 percent chance of victory, and on the other hand, the risks were too great and the losses were too great.

The non-depreciation of the renminbi is directly caused by a decline in exports and an increase in imports, which is not only a failure to make profits for the Chinese country, which continues to exchange foreign exchange, but also a loss of tens of billions of yuan.

And taking out 100 billion US dollars to bail out the market will bring a series of debt risks and losses, if not handled properly, the accumulation of ten years will be wiped out in an instant, and the country's economy will be set back by ten years.

Foreigners sometimes think that they know us very well and study us thoroughly, but they often misjudge things, they like to calculate economic accounts, but they do not have a detailed account of national sentiment and historical responsibility, of course, they do not understand Hong Kong's leverage on our great power strategy, if we only want to be in a corner of peace, then it does not matter whether Hong Kong is prosperous or weak, it is a small place, with a population of several million, just like the Qing government transferred it to the outside world with a stroke of the pen.

However, it is not a hundred years ago, the Chinese country from top to bottom has ambitions, to find back the history of the long time has had the majesty and achievements, but we are not too talkative, in the external occasions, we always reiterate that we are still a primary exhibition country, still very poor and backward, this is a kind of Taoguang Yang Yang Zhi

Concentrating on construction and wholeheartedly seeking development is the attitude we have always adhered to, this is to catch up, in order to stand up as soon as possible, this does not mean that we are weak, and it does not mean that we will now exchange the surrounding regions.

Hong Kong plays an indispensable role in the long-term strategic development of the Republic, the great cause of the reunification of the motherland, and the future economic transformation of the Republic.

Perhaps it was the central government's rampant attack that disrupted the established arrangements of the financial predators, and in the next two days, there will be no large-scale transactions in Hong Kong's financial market, and everything will be deposited in some kind of superficial stability.

In fact, it was a brief moment of calm before the rainstorm, and when the opponent adjusted his deployment, a more violent attack would come, unless they were willing to retreat.

If they return it now, they will not only lose a lot of money in the interest on the loan, but their futures have not yet been delivered, which is tantamount to taking the initiative to send the money to the Hong Kong government.

On April 17, Soros said in an interview with **** that they were confident that Hong Kong would lose the gamble, because this is the consensus of all investors, and no matter how the SAR government struggles, the outcome will be the same.

This is the first time that a businessman has made such an obvious threat to a government, in addition to showing their arrogance, it also shows that they have adjusted their deployment and have also been replenished with new secret funds, otherwise, Soros is not crazy, how can he be so ashamed.

It was Soros who spoke, but it was not just him personally, he was representing a force, and they were warning the Chinese government in this way not to act rashly, otherwise, they would face an abyss.

Huang Zhenhua responded to this kind of naked intimidation on behalf of the Chinese side in accordance with Chen Kangjie's intentions, and he solemnly warned those forces and individuals with ulterior motives not to vainly try to use the methods of more than half a century ago, because today's China is no longer the weak country of the past, and no matter who it is, as long as it tries to undermine the good situation of China's economic development or the social atmosphere of stability and unity, and dares to stretch out his hand, he will definitely not end well, and in the end he can only eat the bitter fruits that he has planted with his own hands.

This kind of war of words will naturally not play a big role, attack and defense will not give up just because of anyone's words, after all, you still have to rely on strength to speak, you have the strength, you can realize your own rhetoric, otherwise, you can only increase the laughing stock.

After an exchange of rhetoric, the struggle entered a white-hot stage.

On the 18th, the 19th was the closing time, and the global stock market plummeted on the 20th, and several major financial and securities centers such as New York, London, Tokyo, and Frankfurt all fell, affected by the general environment, coupled with the suppression of international speculators, the Hong Kong Hengshen Index opened and went down, plunging 644 points, falling below 7ooo points again, and finally closing at 672o points.

On the same day, opponents continued to increase the selling of Hong Kong dollars, and the SAR government used funds to eat 67.8 billion Hong Kong dollars.

Others may not know very well, but Chen Kangjie understands that the SAR government's funds have basically run out, and they are using funds provided by the central government.

As the global stock market fell the day before and the Hong Kong stock market fell sharply, it is widely believed that the Hengshen Index will continue to fall on April 21, and even break through the 65oo point in one fell swoop.

Ouyang Zhenhua, who is based in Hong Kong, couldn't help but call Chen Kangjie.

"Jie Shao, if the stock market falls below 65oo points, there will be bank bankruptcy within three days, once there is a bank bankruptcy in Hong Kong, the chain reaction is beyond our control, the run tide, the property market plummeting and selling, and even the public will have a more radical reaction, do we have to take action in advance." ”。

"Wait, maybe,,,,,, this will be a protracted battle, we will strike too early, not only will our strength be exposed, but it will not have the effect of surprise", Chen Kangjie hesitated and said cautiously.

Although the 28th of this month is the delivery period of stock index futures, and the outcome will be decided on that day, Chen Kangjie always feels that it will not be so simple, if it is just Soros and others, then it can be won in one share, but, after all, there is the shadow of the Federal Reserve behind it, if Chen Kangjie exposes his strength too early, there will be no other accidents.

"But they can't support it anymore, now until the 28th, there are only nine days, if the stock market falls below 65oo points before that, it may be too late for us to enter at that time, and even keep falling to the edge of destruction of 4ooo points," Ouyang Zhenhua said worriedly.

Ouyang Zhenhua, who is already a veteran of the battlefield, has never skipped so shockingly, except for the time when he and Chen Kangjie went to the Soviet Union in 89, he has participated in many financial wars, but those battlefields are in other countries and other regions, and this time he was born under his nose, in the city where he lives and is familiar with, every day, whether it is from the mouth of employees, from his family or from the media, the information he gets is about the Hong Kong financial market, and there is mostly negative news, so that he knows that Chen Kangjie is unlikely to lose, and he is afraid of flesh pain。

Perhaps, this is the biggest difference in mentality between the offensive side and the defensive side, the Cheng dù who cares about it will be different, and the angle of worry will also be different.

"The government can still insist, at least for three or four days, there is no problem, they know better than us that the stock market cannot fall below 65oo points, and we don't know whether the opponent's financial strength will continue to flow, I don't believe that they will have endless funds, and they can't be intimidated by their current momentum," Chen Kangjie insisted.

When Chen Kangjie arranged the second line of defense, he had other intentions, in addition to borrowing them to prevent and consume the opponent's strength, he also hoped to lure out the opponent's full strength, just like fighting the landlord, when the big and small kings came out, he would feel a little at ease, otherwise, he was always worried about being bombed.

"Okay, everyone is waiting for your decision", what Chen Kangjie decides, Ouyang Zhenhua can only compromise and comply, there is nothing to talk about.

As Chen Kangjie expected, on the morning of April 21, as soon as the stock market opened, it showed a downward trend, but the government invested a large amount of money, and in the afternoon, not only was the downward trend stopped, but also rose 152 points at the close, and closed at 6872 points.