Chapter 929 - The Hang Seng Index Falls (Asking for Votes)

Please enter the text "Sell another 5 per cent today." Pen @ fun @ pavilion wWw. biqUgE怂 info" Feng Yu commanded.

Ho Shau-kee led people to continue to slowly sell the new dollar, Feng Yu's strategy is not to be the main force, the main force is to let Soros's quantum fund do it, he is the same as other funds, just follow the trend.

Nanyang's response was also very fast, and it was still slowly adjusting. Although the Singapore dollar has fallen, it does not seem to have fallen below the range of volatility allowed by the South Seas.

However, there is good news, Nanyang has sold the Thai baht to absorb the Singapore dollar. In this way, the Singapore dollar stabilized slightly, but the exchange rate of the baht was reduced again.

Originally, after the floating exchange rate system was adopted, the exchange rate of the Thai baht fell below 30:1, but it has slowly stopped the decline. However, Nanyang sold a large amount of Thai baht for the sake of the national currency, causing the exchange rate of the Thai baht to fall again.

In this way, Nanyang, which was supposed to help Thailand, has now become a helper of the Quantum Fund, so that the Thai baht, which has just had a stable meaning, has begun to fall again.

When it comes to national interests, all national strategic cooperation is a floating cloud. When they are too busy to take care of themselves, who cares whether the economy of other countries will collapse, and the most important thing is to keep their own country's economy from collapsing first.

Turning on the TV, Feng Yu began to watch Xiangjiang's financial news.

The Hang Seng Index just opened a little higher today, and then began to fall, and well-known stock commentators commented on TV that the Hong Kong stock market was inflated.

"If we look at these data, the stock markets of Southeast Asian countries are falling rapidly, and Xiangjiang is actually rising against the market, which is very abnormal in itself. And now the Hang Seng Index is falling, and many stocks are falling by more than 5%, indicating that some funds are also fleeing ......"

Stock commentators on TV talked eloquently, looking like they were singing about the decline of the Hong Kong stock market. However, Feng Yu knew that this stock commentator was very famous, but he was a famous crow's mouth. He said that whichever stock goes up, which stock will go down immediately, and which one he says will go down, which one will go up. Many people who speculate in stocks call him Cai on the street!

But on the contrary, the ratings of this stock commentator's program are still very high, maybe many people buy it according to what he said.

However, today, there is still some truth in what this stock commentator said, Fu Rongqi and others are selling stocks, including a lot of blue chips, and the Hang Seng Index will not rise.

……

"Eh, Hit the Street Cai said today that the Hang Seng Index will continue to fall, should we sell the stock? Anyway, we made so much money before, and now we still have to make money if we throw it away. In a tea restaurant, a guy said.

"You said it all, he is a street Cai, has his prediction been accurate?" The other guy said disdainfully.

At this time, many people in Xiangjiang were speculating in stocks, and the guys in the tea restaurant had joined the stock market. There are even some who quit their jobs directly and specialize in stocks full-time, which is both comfortable and makes a lot of money.

But this time he didn't predict any stocks, but the Hang Seng Index. Do you remember how he became famous, that is, he became famous when he predicted the Hang Seng Index to rise sharply. ā€

The other guy also began to hesitate, yes, today Hit the Street Cai did not predict any stock, but predicted the decline of the Hang Seng Index.

It fell a little yesterday, and it is falling today, he said that in the future, the Hang Seng Index will continue to fall, if this is the case, they still don't sell, then it will be trapped!

"Why don't we ask Liu Caishen next door?"

Liu Caishen, the owner of the shop next door, was originally a buddy, but later made a fortune by trading stocks, and now he has set up a shop by himself to sell some fruits.

Many people followed Liu Caishen to buy stocks together, but they all made money. However, Liu Caishen's temper is not very good, and they can't afford to be filial, so Liu Caishen has never instructed them before.

The two discussed, took advantage of the lack of customers, pretended to take out the garbage, and ran to Liu Caishen's store. After they entered, they saw Liu Caishen watching financial news while holding a computer and looking at the screen.

"Liu Caishen, look at the stocks."

"Why did you two come here, even if it's not a meal at this time, your boss won't let you out to desert, right?"

"Liu Caishen, aren't we brothers begging you to come. Look at this stock market, will it continue to fall? ā€

Liu Caishen glanced at the two of them, if it weren't for the fact that these two boys always helped him take out the garbage, he really didn't want to say it.

"Throw it away, I advise you, don't buy stocks this year, the Southeast Asian economy is in trouble, this year's stock market may be very stimulating, and your level is easy to be trapped."

"Eh, thank you Liu Caishen, we took out the bag of garbage outside."

As soon as the two went out, they called and dumped their stocks. Anyway, I've already made money, so I can buy something for my family this time.

These two people were lucky, they threw it away, but there were still some people, seeing that their stocks were still rising, and even added some investments.

However, the decline of the Hang Seng Index has also suppressed those who raise funds in financial companies to a certain extent, and when the market is down, they are not so bold to raise funds.

Once they fall hard, they can easily lose all their money.

……

Soros looked at the news report of Xiangjiang, the Hang Seng Index is still falling, and some stock commentators believe that the Hang Seng Index will fall below 13,000 points, this news is very bad.

The more the Hang Seng Index falls, the less room for operation will be after he is short selling, and the less likely it will be to make money. He pulled up the Hang Seng Index before, but he also took the lead in investing a sum of money, and now he has lost money.

It seems that Xiangjiang really has a master, and such a slow decline will have little impact on Xiangjiang's economy, and it will not cause any panic.

In two or three months, it is very likely that the Hang Seng Index will fall below 13,000 points, and maybe even more, but he will not make any money at all.

Soros is considering whether to take advantage of the decline of the Hang Seng Index to open a short position in the Hang Seng Index futures now, and then maybe he can make a steady amount of money without starting.

But if it is discovered and they pull up in the opposite direction, the contract is likely to be liquidated directly. Then he will have to make a margin call, wouldn't it be easy to be dragged in the Xiangjiang market?

Why don't you give up the Xiangjiang market for the time being, wait two months, and then see?

Thinking of this, Soros summoned his four King Kongs over and asked for their opinions.

Three of the Four King Kongs believe that they should wait and see, and their main battlefield at this time should be placed in other currency markets, and it is not appropriate to provoke Xiangjiang.

But as the lead analyst, Juken? Miller has a different opinion, he thinks that it is time to short sell the Hang Seng Index in Xiangjiang, so as to drag down those rich people in Xiangjiang.

Because he suspects that it is the rich people in Xiangjiang who are cashing out, and they are cashing out a lot in order to raise funds and also go to the foreign exchange market to make a profit.

If all these people join in, then the quantum fund can make money more easily, but when it comes to hitting the Hong Kong market, it will be even more difficult!

Soros couldn't make a decision for a while, and he suddenly found that it didn't seem like he should provoke Xiangjiang first.

……

If there is a shortage of books, you can take a look at a few books recommended by the fourth, which are very good, such as the old book "Linghu Space" or something (to be continued.) )