The Son of Finance of the Great Age

Chapter 449: "Official" base battle (8)

  Chapter 449 "Official" base war (eight)

   "What? The other party acted as if nothing had happened. How did you do it?"

Druckenmiller, who has always been very elegant and personable in front of employees, showed an uncharacteristically frightened and angry look this time. It is obvious that the performance of the Hong Kong stock market has far exceeded his expectations, so after listening to When reporting to the people below, he rarely showed his true inner feelings.

"I just counted. Hedge funds including us have sold a total of about 3 billion US dollars in Hong Kong stocks, which also includes some hot money. Judging from today's market conditions, the other party has invested at least 20 billion Hong Kong dollars today. Although the market has fluctuated in the middle, the overall change is not very big, so even if we try our best, we have not achieved the expected goal.”

  Given Druckenmiller such a reprimand, the trader who reported couldn't hold back his face. He muttered his lips for a long time, and finally had to tell the truth.

"20 billion Hong Kong dollars, close to 3 billion U.S. dollars, plus the previous investment, should be their limit!" Druckenmiller touched his smooth chin and analyzed with interest, but the next moment , His expression suddenly changed, and he asked in a stern tone, "What did you just say? Although there are fluctuations in the middle of the market? What kind of fluctuations? Please speak carefully, and don't miss any details!"

The trader who had just breathed a sigh of relief immediately became nervous again, groaning secretly in his heart, and hastily described everything that happened late at night in detail, especially near the end of the closing period, when the main long funds in the market suddenly disappeared, and then This paragraph that appeared overwhelmingly again was described in exceptional detail.

   "There is such a thing!"

After listening, Druckenmiller was silent, lowered his eyes and thought silently for a long time, and then said to himself: "This is the first time I have encountered this situation. Thinking about it, there should be two possibilities. It is the other party who is testing the strength of our funds, using the method of temporarily retreating to force all the short sellers to mobilize, and then counterattack in one fell swoop. If this is the case, the other party's traders either have absolute confidence, or they have other goals. No matter which one it is, the other party’s courage is indeed great, which is really interesting.”

   "What about the second type?"

Seeing that Druckenmiller was immersed in thinking, he didn't continue to speak for a long time, and the anxious traders who waited on the side seemed to have a few cats scratching their itch. They were so anxious that they couldn't take care of other things at the moment. blurted out asked.

For a trader like him, it is indeed a very rare opportunity to be able to listen to a big man like Druckenmiller analyze the market face to face, so he should seize this opportunity no matter what happens now. Opportunity.

   "What are you in a hurry for?"

Druckenmiller, who was interrupted from thinking, glared at the other party dissatisfied, but he didn't blame anything. Instead, he sighed and said with some regret: "The second one is naturally the kid who was against us. money, that’s why the market fell. It just so happened that other funds did not come in during this period, so there was a vacuum period, but soon other investors followed up and used more fierce buyers to buy this part of the market. The loss of time has made up for it. According to my judgment, this new main force is probably the Hong Kong government.”

   What he regretted was that the main short sellers did not take advantage of this vacuum to counterattack with all their strength and establish a chance of victory in one fell swoop. Even if it can't be done in one battle, at least the Hang Seng Index must be suppressed to a certain extent. Who wouldn't want to be successfully counterattacked by the opponent in the end.

"Well, that's what they thought too!" The trader nodded like a dream, not knowing what it meant, but he quickly realized another meaning in Druckenmiller's words. After thinking about it, he came to a conclusion that shocked him so much that he even stuttered, "That kid... kid... the Hong Kong government, Mr. Stanley, what do you mean... yes..."

   Those who can enter hedge funds are naturally extremely smart guys. From Druckenmiller's few words, this guy keenly concluded that it was not the Hong Kong government that rescued the market, but a certain "boy".

   Seeing that he was negligent for a moment, and his subordinates learned a shocking secret, Druckenmiller couldn't help feeling a little bit annoyed. However, after seeing the other party's distorted expression due to extreme shock, he couldn't bear it again, swallowed back the reprimand he was about to blurt out, coughed lightly, and tried hard to maintain the majesty of his boss, then said lightly Said: "Now that you know, I don't bother to reveal a little more. There is indeed a little guy who is against us in the market. Originally, the big boss and I estimated that this guy has about 3 billion US dollars in funds, but now It appears that we have definitely underestimated him."

"Little guy?" The trader muttered the word repeatedly, and finally summoned up his courage to ask after a long time, "Mr. Stanley, how old is that little guy you mentioned, and how could he have such a huge amount of funds under management?" The scale? Oh my god, it's unimaginable!"

"There are still many unimaginable things!" Druckenmiller snorted coldly, and glanced at him dissatisfiedly, his eyes were quite disdainful, but when it came to Zhongshi, he changed the subject and said with infinite emotion, " And speaking of the little guy, I actually met him. Young, very young, maybe twenty-four or five-year-old at the most, God, how can there be such a young and promising guy. I have to say, I am jealous Yes. To be honest, he is much better than me back then."

   Hearing Druckenmiller's words, the trader was dumbfounded. Naturally, he would not question the authenticity of Druckenmiller's words. Young people in their 24s and 20s manage funds amounting to about 3 billion U.S. dollars. Even if they are placed on Wall Street, they are also top hedge fund managers. He is not convinced.

If they knew, what Zhongshi was managing at this time was not US$3 billion, but US$15 billion, a fund size almost comparable to that of Quantum Fund, and most of them were their own funds, which they said When the net worth of the "little guy" is close to 20 billion US dollars, I don't know what kind of emotion they will express!

  After the two had a lot of emotion in the office, Druckenmiller ended the meeting, and he wanted to rush to report yesterday's market to the big boss.

  In Soros' office.

Soros played with the Parker pen in his hand, his eyes narrowed slightly, as if he was absent-minded, and he seemed to be listening carefully. However, during Druckenmiller's report, he kept this posture, and an interrupted word would not did not say.

   "That's how it is!"

After the report, Druckenmiller spread his hands and said helplessly, "Boss, if we can't completely beat each other in the market tonight, then we can only deliver at the current settlement price. It’s not just us, but the shorts as a whole are going to lose a lot.”

"Relax, Stanley!" Soros finally spoke out, but the first sentence didn't mean much to Druckenmiller, but his subsequent words immediately boosted Druckenmiller's confidence .

"In fact, on the day when Hong Kong announced the rescue of the market, I discussed with Rodney that no matter what, we must beat the Hang Seng Index in the market, no matter who our opponent is. Therefore, during this period, including Investment banks including Stanley, Goodman, Merrill Lynch and Salomon Brothers are all working hard for this goal. Stanley will announce tomorrow that it will clear all of their investment quotas in Hong Kong, which occupy 2% of their global investment quota. Goodman will also announce the same decision. In addition, through their matchmaking, we have contacted many shareholders of Hang Seng Index constituents, and most of them are willing to lend us their The stock in hand. Therefore, even if there is still the last trading day tomorrow, we may not necessarily lose."

  Stanley Corporation invests globally, and the amount involved is extremely large. The total funding is said to be as much as $50 billion. Although Hong Kong only accounts for 2% of them, even this small amount is worth at least US$1 billion.

Although Stanley Hong Kong does not hold all constituent stocks, but with the addition of Goodman, Merrill Lynch Hong Kong and Salomon Brothers, which are no less powerful than them, this wave of selling Hong Kong stocks is bound to cause severe shocks in the market .

   What's more, they also borrowed a lot of idle stocks from the shareholders of the constituent stocks.

   For a while, Druckenmiller's confidence was boosted, as if he saw the dawn of victory again.

"In addition to us, Tiger Fund has also borrowed a lot of stocks, which is expected to be no less than ours. In addition to the positions held by other short sellers, it is estimated that in the last day of tomorrow, the market value of the shares we will sell will exceed 10 billion U.S. dollars !"

   Speaking of this, Soros' complexion was already flushed, and his eyes were shining brightly. He suddenly clenched his fists, and heard a click, and the expensive Parker pen was snapped into two parts abruptly, "As long as we can escape successfully this time, the next time, whether it is Whether that guy surnamed Zhong or the Hong Kong government, I will make them pay a price a hundred times worse than this."

Obviously, Soros, who has a huge sell order position in futures, also sensed that the situation was not good at this time. Due to the early over-optimism, Quantum Fund accumulated a large number of sell orders below 7000 points. The desperate entanglement of Zhuanyue has come to naught, and the only hope is to suppress the index as much as possible and deliver at a price that is most beneficial to them.

  As for the interest cost to be paid for borrowing stocks, it is no longer in their consideration. Compared with the expected loss of billions of dollars in the futures market, this interest is nothing.

  Since he started his career in London and now he is in full swing, Soros has never encountered such an embarrassing situation. He and his followers are forcibly besieged by each other in the market and cannot escape. Even in the London pound market in 1992, Soros and his team had never encountered such a severe situation, let alone now, he can basically force a country to devalue its own currency with a single sentence.

  Will Hong Kong be the end of his myth? Will it be Soros' Waterloo?

At least so far, Soros has not thought that he will fall from the altar, and he has made full preparations for this, throwing 10 billion US dollars of Hong Kong stocks in one day, which will definitely be unprecedented. numbers.

   Even, Soros is ready. Even if he really loses this time, he will make a comeback at some time in the future and completely defeat the Hong Kong government.

Looking at Soros, who was blushing and full of confidence, Druckenmiller suddenly had a bad feeling, but this feeling only flashed in his heart, and when he wanted to savor it carefully, But how can not catch.

Similar scenes are also frequently staged in nearby high-rise buildings, because the market tonight may herald a consequence, a terrible consequence, that is, market intervention will defeat the invisible hand of "price", which is important for those who believe in For them in the free economy, it is far more terrifying than losing hundreds of millions of dollars on the books!

   Thank you book friend 140124234238290 for voting for the monthly ticket! Thank you book friend apollo for your reward for this book!

  

  

  (end of this chapter)