bullyxtreme Chapter 355
Chapter 355
"The financial turmoil has swept across Southeast Asia. According to the news we have received, international hot money, led by Quantum Fund, has moved to Hong Kong after defeating the Japanese yen. The trend has been established, and it is difficult for Hong Kong to be alone..." After Yang Mo pondered for a while, he had no idea. Said cryptically.
"Do you think the Hong Kong dollar will follow the footsteps of the Thai baht?" Director Zeng asked with a frown.
Yang Mo shook his head and said: "That's not necessarily the case. The Hong Kong dollar is different from the Thai baht. It has the support of the central government and there will be no foreign exchange reserve depletion crisis. This is also international hot money. Why did you choose the larger Japanese yen to start with? reason!"
"Are you saying that the international hot money's attack on Hong Kong might not get any benefits? Can the SAR government maintain the stability of the financial market?" Director Zeng asked unhurriedly.
Yang Mo chuckled and said: "As long as there is support from the central government, the Hong Kong Monetary Authority should be able to defend the foreign exchange market. It's hard to say anything else..."
"So, you Zongheng Investment are not optimistic about the Xiangjiang stock market and choose to be short on the Hang Seng Index futures?" Director Zeng's eyes flashed coldly and he stared at Yang Mo and asked.
"Haha, Director Zeng, you misunderstood. We, Zongheng Investment, have opened a large number of short orders in Hang Seng Index futures. We are competing with Quantum Fund for short orders, disrupting their plans to build positions in Hang Seng Index futures, and delaying their launch of a general offensive. ..." Yang Mo said disapprovingly.
"Oh? How do you say this?" Director Zeng asked in surprise.
Yang Mo continued: "To tell you the truth, Zongheng Investment and Quantum Fund have had many encounters with each other on Wall Street, and have conducted in-depth research on their trading methods. It has been several days since Zhuken Miller arrived in Xiangjiang, why are you still here?" Haven’t you taken action in the foreign exchange market yet?”
"Why? What are they waiting for?"
Yang Mo chuckled and said: "Of course they know that the biggest loophole in Xiangjiang's financial market is not in the foreign exchange market! It is in the stock market, property market and bond market!"
"The stock market, property market and bond market? Will they give up attacking the foreign exchange market?" Ren Zhigang asked in surprise. What he was most worried about was the foreign exchange market. As long as there are no major problems in the foreign exchange market, Hong Kong's financial system will not collapse!
Yang Mo shook his head and said: "Of course I won't give up. The foreign exchange market will still invest the most money, but it is not their main battlefield!"
"Where is their main battlefield?"
Yang Mo pondered for a moment and then said: "If my guess is correct, their attack steps should be: 1. Quietly establish a large number of short positions in Hang Seng Index futures. 2. Attack the foreign exchange market. According to usual practice, when the foreign exchange market is attacked, the Monetary Authority will significantly increase the price. Interest rates increase the capital costs of international speculators. 3 The sharp rise in interest rates leads to tight liquidity. At this time, if we attack the property market, stock market, and bond market, we will get twice the result with half the effort..."
Ren Zhigang broke out in a cold sweat. His nickname is "Yi Yi Zhao". Whenever international speculators sell Hong Kong dollars, the Hong Kong Monetary Authority will order an increase in interest rates. He will only use this trick, so Ren Zhigang is also nicknamed "Yi Yi Zhao". .
"Is that why you opened large short orders in the foreign exchange market to compete with international hot money for chips?" asked Ren Zhigang.
Yang Mo nodded and didn't speak any more. He just wanted to stop talking.
After Ren Zhigang pondered for a long time, he said with a solemn expression: "Mr. Yang, what should we do to thwart their conspiracy?"
Yang Mo smiled bitterly and said: "This is an unbreakable conspiracy! We can't stop it. We can only interfere with the international hot money's plan to build a position in the Hang Seng Index futures, unless we abolish our martial arts!"
"Abandoning martial arts?"
"Yes, we took the initiative to burst the stock market bubble and did not give international hot money the opportunity to build positions at the high level of the Hang Seng Index futures. We let them punch cotton and have nowhere to exert their efforts!" Yang Mo continued.
Ren Zhigang and Director Zeng looked at each other in disbelief. In the sensitive period of their return, did they take the initiative to burst the stock market bubble?Who can bear such a huge responsibility?
"Mr. Yang, the Hang Seng Index is currently fluctuating widely around 15000 points. Can we start a decisive battle with international hot money near 13000 points?" Ren Zhigang asked after thinking for a while.
Yang Mo categorically objected: "It's impossible. Above [-] points, even if we join forces with the Hong Kong Monetary Authority and the Mainland Central Bank, the chance of winning is not great!"
Ren Zhigang smiled bitterly and said: "Mr. Yang, you also know that in extraordinary times, we are unlikely to take the initiative to burst the stock market bubble. If it gets out of control, Hong Kong's financial system will completely collapse. Regarding the current situation, we should still take every step to guard against it." For the Lord, wait until the international speculators are exhausted and then look for opportunities to counterattack!”
Yang Mo sighed and said: "That can only be like this! But I want to remind Director Ren that once international speculators successfully build positions in the Hang Seng Index futures market according to their plans, they will be invincible, and we will be in an invincible position." You will always be passive and unable to fight back!"
"Zhiyuan Group is willing to join hands with the Hong Kong Monetary Authority to jointly deal with international speculators?" Ren Zhigang heard the hidden meaning in Yang Mo's words.
Yang Mo chuckled and said: "It's not impossible to join forces, but such a big operation still requires someone who can make decisions at a critical moment. Director Ren will definitely not leave tens of billions of foreign exchange reserves to me to make decisions. , similarly, Zhiyuan Group will not hand over such a large amount of funds to others..."
Being able to form an alliance with the Zhiyuan Group and maintain the stability of the financial market in Xiangjiang will greatly increase the probability of completion.
How could Ren Zhigang give up this opportunity? After hesitating for a while, he said: "Mr. Yang, do you think this will work? We each perform our duties. The Hong Kong Monetary Authority is responsible for the stability of the bond market and the foreign exchange market, and the Zhiyuan Group is responsible for the stock market and stock index futures market. The SAR government will send a full-time liaison officer to coordinate!”
Yang Mo smiled bitterly and said: "Director Ren, you are too flattering to us. Zongheng Investment is just a very ordinary investment company. How can it have the power to deal with these international financial giants?"
Ren Zhigang chuckled and said: "Mr. Yang, as far as I know, Zongheng Investment is not an ordinary investment company. It has achieved outstanding results in the Japanese stock market crash, the US stock market Black Monday, and the London Copper War. However, there are many capital consortiums, and you have With so much suffering on your hands, I’m afraid you are the biggest winners from this Southeast Asian financial turmoil, right?”
Yang Mo looked embarrassed and said with a dumbfounded expression: "Director Ren, is this not okay with you? Since we are already allies in the same trench, you are still investigating us behind the scenes..."
Ren Zhigang also smiled and said: "Mr. Yang has agreed to form an alliance with us to jointly maintain the stability of the financial market?"
After Yang Mo pondered for a long time, he sighed and said: "Okay! We, Zongheng Investment, will be in charge of the stock market and stock index futures market, but I have a few conditions. If Director Ren and Director Zeng can agree, Zongheng Investment will risk his life to accompany you. , risking bankruptcy and liquidation to cooperate with you once, the right should be a congratulatory gift from Zhiyuan Group to the newly born SAR government..."