Chapter 433 Heavy News

It’s just that Zhong Shi is very clear that under the current general environment, many people have doubts about how long the Hong Kong dollar can stay strong. Except for those people in the Hong Kong government who know that they would rather die than retreat, most of the other people have doubts about the Hong Kong dollar. The prospect of the Hong Kong dollar is in doubt. Even professionals like Ren Ruowei have to think about leaving a way out for themselves.

  So Zhong Shi didn't criticize Ren Ruowei's performance, after all, this is also human nature. This is also one of the reasons why he didn't tell the two of his back move. If they leaked the news, there would be a little more unknown about his control of the whole situation.

  Zhong Shi doesn't want any accidents to happen!

However, the market is not developing according to Zhongshi’s intention. After a small retreat on August 12, the interest rate remained unchanged on August 13 due to the decline in European and American stock markets and the unsatisfactory recovery of the previous day. Affected by factors such as remaining high, the Hang Seng Index fell again.

  Opened at 6846 points, with a slight intraday correction, but was quickly overshadowed by pessimistic sentiment. Investors almost lost confidence and rushed to sell their stocks first. The Hang Seng Index once fell to 6544 points during the session, but with the support of several stocks of funds, the Hang Seng Index barely rose to 6660 points, falling nearly 200 points all day, or 2.90%.

   So far, the Hang Seng Index has fallen from the highest point of 16820 points in 1997 to 6660 points today, a full drop of more than 10,000 points, a drop of more than 60%, hitting a new low since 1995.

   What kind of concept is this? For example, if an index fund buys stocks strictly according to the proportion of the Hang Seng Index, even if the decision-maker of the fund bought the corresponding shares in 1995, if dividends and dividends are not calculated, then so far, He still has a loss on his books. This also means that in the past three years, his investment performance has been negative, a complete failure!

And for those investors who don't buy stocks strictly according to the index ratio, no matter how complicated and changeable the capital allocation is, no matter whether you enter the market from 7000 points, 8000 points or 10000 points, as of this day, they have no stocks in hand. Some stocks are losing money. And the higher the number of points entered into the market, the more serious the loss will be.

  The performance of the entire stock market has plummeted to more than 60%, let alone those individual stocks. Some stocks even directly entered the ranks of penny stocks due to poor performance, and were completely reduced to junk stocks.

  Accompanied by the decline in the stock market, there is also the real estate industry. Due to the decline in housing prices, many people went bankrupt overnight, turning from rich to "negative". The market is full of properties that can be transferred for free, and news of people committing suicide by jumping off a building from time to time reminds people how bad the economic environment is today.

"That's it, they still don't plan to stop?" Ma Jiarui angrily threw a newspaper in his hand, and cursed angrily, "Go to the street, today they made rumors that they will suppress the Hong Kong stock index to 3000 points, Let Hong Kong become a dead port. If you lost your mother, let me meet you, and you must kill these **** people."

   Even Ma Jiarui, who has always been very personable and well-bred, swears, which shows how much he hates the other party's behavior.

   "Another 500 million has been invested today!"

On the other hand, Ren Ruowei, who was supposed to react fiercely, now showed a lot of "calmness". He silently picked up the newspaper, glanced at the news on it, then sat down on the sofa dejectedly, and used a Holding his chin with one hand, he kept repeating to himself with dull eyes: "I don't know when I'll be able to get rid of it!"

   On the headline of the newspaper, there was a shocking line of characters: "The property has depreciated and the mortgage is over, and the small owner and his family are going to die."

   "Everyone, calm down!"

Morale was sluggish and people's hearts were lax. At this time, Zhong Shi had to stand up and say, "Everyone, it's time for you to show your professionalism and don't be too influenced by external negative factors. You should be clear about what is going on today. Who caused it? That’s right, it’s the international speculators! Think about what we’re doing now, which is to attack these speculators and return Hong Kong to a normal economic environment. Think about it, how meaningful what we’re doing can even be said It's great, so I ask you to cheer up."

  In fact, for stocks, rising and falling are normal performances. Good news will rise, bad news will fall, good financial statements will rise, growth prospects will rise, losses will fall, and market share will shrink. These are common business laws, and it depends on investors. To interpret, how to choose short or long.

  But this is not the case at present. When the economic environment in Hong Kong is relatively good, international speculators use their financial advantages to suppress or even destroy the Hong Kong capital market. This is a dirty and despicable thing.

  If South Korea, Thailand, Indonesia and other countries have more or less their own problems, then these problems do not exist for Hong Kong. Under such circumstances, they still spare no effort to attack the Hong Kong market, which can definitely be called ulterior motives!

Although their actions are disgusting, so far, I have to say that the international speculators have done a good job. All their actions are within the allowable range of business rules, and they have made full use of the psychology of lack of investor confidence. The "momentum" of the regional economic crisis has been borrowed vividly, and this has led to today's situation.

  So Zhong Shi’s words did not have much encouraging effect, and the traders and researchers were still all drooping their heads and listless. Although Tianyu Fund entered the market around 7000 points, it can be said that the losses have been limited so far, but in the case of the market outlook is still bearish, who can guarantee that their losses will not increase further?

"If I'm not wrong, there will be another wave of news from international speculators soon!" Seeing that the morale-boosting move failed, Zhong Shi had to show his "hole card", "Now the entire market is full of pessimism. , large investment institutions are frantically withdrawing their own funds, and the bearish reports of investment banks are one after another, and the bearish warrants of certain stocks have been speculated at sky-high prices. So in this case, if speculators If we really want to destroy the Hong Kong stock market, then we will definitely release more fierce and shocking news at this time!"

  His words attracted the attention of the employees to some extent, but these were of no help to the current situation. After the scene was awkwardly silent for a long time, Ma Jiarui took over the conversation: "If, as you said, Zhong Sheng, the speculators release new heavy news, the Hong Kong stock market will definitely plummet by then. What can we do? Continue Buy? That’s undoubtedly hitting a stone with an egg, and you’re overestimating your capabilities!”

  Although the others did not speak, they all nodded in unison, obviously agreeing with what Ma Jiarui said.

"Who said we can't do anything?" Seeing that even Ma Jiarui was a little discouraged, Zhong Shi couldn't help being a little annoyed, and he spoke with a bit of anger unconsciously, "Don't think that others are really Daozu, we are the ones on the cutting board Fish, let others be slaughtered! In fact, what I have not told you is that I have always had a very big plan in my heart, which is enough to shock the entire market! Of course, I am not going to say it now, but soon you will Got it. As for the specific time, it depends on the actions of international speculators! Believe me, the day when the market reverses will not be too far away!"

  Although what Zhong Shi said was convincing, everyone else is an elite in this market and has their own set of professional judgments and analysis, so Zhong Shi’s words still did not boost morale too much. Although they were very curious and wondered what the "big plan" Zhong Shi was talking about, since Zhong Shi said that now was not the time, they simply didn't ask.

  The halo that has shrouded Zhong Shi for a long time cannot offset their pessimistic judgment on the prospects. After all, this time the opponent is an international speculator headed by Soros. Among other things, just talking about the scale of funds currently managed by Soros is comparable to Tianyu Fund, not to mention the many hot money that followed behind him.

   "I'm done! Go home and rest!" After discussing for a long time in twos and threes, Ma Jiarui stood up and walked straight outside, shaking his head while walking.

Following his departure, other people left one after another. In the end, only Zhong Shi was left in the entire trading hall. After looking at the deserted office, Zhong Shi shook his head and smiled wryly, lighting a cigarette , standing quietly in front of the window, looking at the Victoria Harbor as night fell, unwilling to leave for a long time.

  …

"today?"

  In Manhattan, New York, in the office of the Quantum Fund, Druckenmiller is having the last communication with Soros before the opening.

   "That's right, it's today!" Soros nodded, with a smug smile on his face, "The Wall Street Journal, everyone will read this report, and we will have to see Dongfang's reaction then!"

It's just that the "smug smile" he showed, in the eyes of others, can definitely be called a "cruel and ruthless smile", because what he is currently planning is to push certain countries or regions to To the abyss!

"Okay!" Druckenmiller nodded noncommittally, and after thinking about it, he asked again, "George, your article will definitely attract the attention of the whole world, not only the Russian market, but also the European market." Both the U.S. and U.S. markets will be affected. The question is, do we really need to risk offending the Russian government to publish this article? You know, even if you don’t appeal, the ruble won’t last long!”

"Stanley, you have overlooked another market!" Soros knocked on the table and reminded proudly, "Although we can take this opportunity to make some money, don't forget that we have two main battlefields, one is Moscow, the other is Hong Kong. And Hong Kong’s stock market fell again today, and it has fallen to the lowest level in the past three years, so we have to take advantage of this time to give them another heavy blow and completely defeat them!"

   While speaking, Soros made a punching movement. Although the posture is not standard, it is enough to express his meaning clearly.

"Did you go to Madison Square Garden to watch a boxing match last week?" Druckenmiller was taken aback, and then laughed, "George, your analogy is apt. But you are too old to be Do these dangerous moves, watch your bones, old bones!"

"God, don't you?" Soros pretended to be angry, stood up and waved at Druckenmiller, "Come on, come on, let me try you and see who it is Bones are harder! Damn it, don't go!"

Seeing Druckenmiller fleeing his office like flying, Soros sat down again, punched the air hard, and muttered: "KO! Ten seconds! I won!"

  …

   In the "Wall Street Journal" published on the 13th, an article on Russia's economic situation written by Soros was published. In the article, Soros strongly appealed that Moscow should face up to its own economic problems and take active and effective measures to solve the current problems. In the article, he gave the solution: the Russian ruble should be devalued by 15% to 25%.

   This news immediately shocked the entire market, the New York stock market fell in response, the Dow Jones Industrial Index fell from 8550 points at the opening to 8549 points at the closing, a day-long drop of 101 points, or 1.09%. The Financial Times Index in London fell from 5462 points to 5399 points, down 63 points, or 1.15%.

   And these are just the beginning, the market in the Far East has not opened yet!

  (end of this chapter)