The Son of Finance of the Great Age

Chapter 292: Ultimate Wish and Attack Begins

  Chapter 292 The ultimate wish and the start of the attack

  The scene in Yanjing before was still vivid in his memory, and now he learned that Song Ling and several other people were in charge of the funds allocated to them by the central government to support Hong Kong's economy, which made Zhong Shi highly vigilant.

At this time, the Hong Kong securities market has clear regulations on "market misconduct", including insider trading, stock market manipulation, false trading, manipulation of securities or futures contract prices, disclosure of illegal securities or futures contract transaction information, disclosure of false and misleading Information and other 6 items.

However, before 2003, insider trading was only within the scope of administrative penalties, which were adjudicated by the Hong Kong Insider Trading Tribunal. Those designated as insider traders could get away with paying a fee to the relevant special administrative region government. The maximum limit shall not exceed 3 times of insider trading profit or loss avoidance.

   I have to say that compared with other countries, especially the U.S. market, the punishment is much worse. The penalty for insider trading in the US market basically requires a lawyer to make a "guilty inference" if you are targeted, that is, assuming that you are guilty, if you cannot prove your innocence, you will eventually be charged with illegal trading.

  Although Zhong Shi is not worried about the accusation of insider trading, he is afraid of losing his license to enter Hong Kong due to the retaliation of some people.

   Therefore, Zhong Shi will not allow anyone to have problems at this juncture, especially since he has already been made a lot of money by these people. It's just that people's greed is unlimited, so the bell and stone always have to be struck every now and then.

   Now, he has made it clear that they will fight in the securities market as individuals. Whether they can gain anything in this wave of market depends on their luck.

   Naturally, these words would not be said to Andrew.

   "Are you sure you won't let me go to the TV station again?" Andrew asked a little unwillingly after thinking for a while.

   Right after he came back this time, Zhong Shi ordered that Andrew no longer be allowed to participate in the so-called TV financial commentary program, at least at this time period, he is not allowed to continue to appear on TV. Although Andrew has not said anything about the Hong Kong market so far, the growing public opinion and complaint calls have put more and more pressure on the producers. They have tried every means to induce Andrew to speak out about the Hang Seng Index. something.

   Discovering this sign, Zhong Shi immediately stopped Andrew's public relations activities. Although Andrew was very reluctant, he had to obey the overall situation.

   "Yes!" Zhong Shi nodded, "We are now in a quiet period before the stock goes public. It is best not to make any noise that may induce investors, otherwise you may give people a handle."

Andrew shook his head in puzzlement, and after a long while, he slowly said: "Zhong Sheng, why do I think you have become less timid? What happened to your indomitable progress when you arrogantly shorted the Nikkei Index and London Copper, and now our net worth is far away?" I'm very disappointed that you're getting more and more timid and more conservative than you can spend."

"Very disappointed?" Zhong Shi sneered, with a disdainful expression on his face, "Andrew, we have known each other for ten years. In these ten years, have you ever seen me make a wrong decision? No, it should be No. Although we have a huge amount of assets now, don't forget that as long as one careless bet is wrong, these assets may be wiped out in an instant. This is because more and more assets, The level of contact is getting higher and higher, so I know that there are many unspeakable inside stories in this world, and it is shocking to tell them. So I can only act carefully, and I don’t want to be kidnapped by a certain force or regime. In the end, my goal is Become an independent existence that all parties must win over and cannot be ignored, instead of a role that even you, an old buddy, look down on like now."

"Collection of all parties? An existence that cannot be ignored?" Andrew's face showed an incredible look, his eyes were wide open, his mouth was wide open, and he sighed after a long time, saying: "If this is the case, it would be a good one." choice. But how is this possible?"

   "How is it impossible?"

Zhong Shi frowned, and immediately retorted: "As long as I get through this period of time, my wish will come true soon. Just wait and see. At that time, let the whole world know about me...no, everyone knows about you." name."

"My name?" Andrew was stunned again, "Shouldn't it be your name? I don't want to be someone who is famous all over the world. I am very satisfied with my life now. No, no, this is not what I want life."

"Haha." Zhong Shi smiled, and didn't take Andrew's thoughts to heart at all, "I see that you enjoyed the feeling of being sought after a while ago? You are well-known in the financial market, and you can comment on the economic situation in Southeast Asia at your fingertips , not only has clear logic, but also has extremely accurate predictions, and has become a dazzling star. Don't you want this kind of life?"

  Speaking of this, Andrew's originally serious face immediately relaxed. His eyes were fascinated and his expression was soothed. He didn't say a word for a long time, obviously he was immersed in it and couldn't extricate himself.

But half a minute later, he suddenly shook his body, his eyes became clear again, and he put on a serious face again, and said, "It doesn't seem to have anything to do with what you said, right?" Unbelievable, a blush could not help but appear on an old face.

   Zhong Shi, who had been paying attention to the changes in his expression, didn't understand anything, and didn't point it out. He just said lightly: "It's still early, Andrew, you still have enough time to think about this question, so you don't need to answer me now."

  Andrew nodded slowly, bowed his head and stopped talking, not knowing what he was thinking.

  …

  On October 9, international hot money officially began to attack the Hong Kong stock market. On this day, the Hang Seng Index opened at 14,713 points and closed at 14,153 points after a day of trading, down more than 560 points, or 3.81%. Trading all day, the opening price is the highest price of the whole day, and it once fell to the lowest point of 14260 points in the day, and then there was a slight increase.

  Investors didn't care, because before that, the Hang Seng Index didn't have large fluctuations of 300 and 400 points on the day. Compared with the entire index, these are just normal fluctuations.

   Then on October 13, the Hang Seng Index opened at 14,272 points, and fell all the way during the session, closing at 13,886 points at the lowest point, and closing at 14,072 points at the end of the day, a drop of 200 points or 1.40% throughout the day.

On October 14, the Hang Seng Index opened at 14147 points, which was a good sign to open higher. It once rose to 14259 points in the intraday session, but then the short side continued to sell stocks to suppress the upward momentum. The two sides reached 14000 points After several rounds of fierce fighting at the psychological barrier, the short side finally gained the upper hand and suppressed the Hang Seng Index to below 14,000 points. It fell 236 points on this day, and finally closed at 13836 points, down 1.68% all day.

   The morale of many parties who failed to hold 14,000 points was severely hit. As a result, the stock market fell again the next day, this time falling below the 13,500-point mark. The opening index was the highest index of the whole day, and the lowest index even dropped to 13148 points. However, many parties organized several counterattacks and finally stabilized the index at around 13384 points at the close.

  Four consecutive days of decline caused the Hang Seng Index to fall from 14713 points to 13384 points, a drop of 1329 points, or 9.03%. This is the second stock market decline except for the sharp drop in early September. For a time, there were different opinions about the decline. Some people were inclined to structural adjustments, while others believed that the recent short-speaking of investment banks had affected the market. Some people attributed this reason to the bad international environment all day long.

   "There is only one reason, and that is that international hot money is selling stocks at high levels. This is just a tentative step for them, and there will definitely be more violent ones..."

  Before he finished speaking, he was interrupted rudely by another voice: "Thank you, Mr. Zhong, for your analysis. Your statement is very novel and exciting. But our time is limited, next gentleman please."

This is the central government's analysis meeting on the Hong Kong market. Before returning from Yanjing, Zhong Shi promised to keep in touch with Huaxia Capital, which is in charge of the Hong Kong market, at a certain time, and give professional advice and analysis at any time, so this time conference call.

   However, Zhong Shi only said a few words before being interrupted roughly by Song Ling, who presided over the meeting. Naturally, Zhong Shi would not listen to what other people said, and hung up the phone angrily.

   "What's the matter with this person? Why does he keep targeting you?" Zhong Yi, who was silent at the side, was also full of displeasure. He was also very puzzled, what was the reason why this Song Ling always looked down on both of them.

"Don't pay attention to him." Zhong Shi rubbed his face, relaxed his tense nerves, and looked at Zhong Shi again, the anger on his face was gone, "How is the stock price of Huade Real Estate recently? Has there been a sharp increase? Whereabouts? The seller is making waves in the market, and it is estimated that it will soon affect the real estate sector, and you will not be spared."

Zhong Yi shook his head and said: "There is no big fluctuation, it has dropped by about two yuan, and the current price is stable at around 28 yuan. After all, our circulation is still relatively small. Even if we want to make trouble, I'm afraid it's not a big deal Easy thing."

  Zhong Shi nodded, and began to chat for a few more words, and then the two went about their own affairs.

On Song Ling's side, when the perfunctory conference call finally ended, he had a gloomy face and complained to the other people who were in charge of the securities market in Hong Kong: "Everyone can be eloquent on weekdays, but you have to really ask questions. , all using those inconsequential things to prevaricate. What **** structural adjustments, what big environmental impacts, and even more unreliable short-side attack theory. You must know that Soros said that the Hong Kong market is fine. Stupid ass."

   "Then we..." After he finished getting angry, a middle-aged man frowned and asked.

"Save the market, of course we have to save the market!" Song Ling sneered disdainfully, "We have given us so much money, if we don't use it, we will be sorry for the kindness of the superiors. Isn't it? But we don't have to use too much, The amount of funds of 100 million Hong Kong dollars is enough, and I believe it can hold up the market.”

  (end of this chapter)