In Hong Kong's Victoria Harbor, a white yacht more than thirty meters long gallops on the sea, cutting a long white wave. This is a yacht produced by the British "Tianlv" company, both in terms of style and decoration.
The facilities have a strong classical aristocratic atmosphere.
On this yacht are gathering the world's top financial operation experts, who are the main attackers of this Hong Kong financial war, including George Soros of Quantum Fund, his deputy Christopher Adkins, Tiger Fund
Julian Robertson, Robert Cetron, head of emerging markets at Tiger Management, and several other well-dressed middle-aged men, are managers or divisional presidents of several well-known investment banks in the world.
This small party was arranged to be held on a yacht. None of the big tycoons from all parties attended with beautiful women as before, let alone invited popular female stars to accompany them, because what they were talking about now was absolute financial market conditions.
Confidential, any word spread will cause an uproar in the financial market.
"Cetron, your yacht is very good. Haha, the products of Tianlu can always be trusted." A middle-aged man biting a cigar shook the wine in his hand and said with a smile.
The man sitting next to Julian also laughed: "Kover, you are deliberately taunting me, right? Who doesn't know that your ship 'Princess Alexander' is the most expensive ship in the British Yacht Club, and you let me
It took the 'Princess' company more than three years to dare to ship to you, so as not to offend you, the God who has strangled their lifeblood with one hand."
The man named Korver shook his head after hearing Cetron's words: "Don't accuse me casually. It's not me who controls the lifeline of their 'princess', it's just our bank, and I'm just a handyman in it."
."
The other man wearing gold-rimmed glasses and meticulously combed hair laughed: "Korver, don't be humble. Who doesn't know that you are the future helmsman of JP Morgan? Hehe, that's nearly one trillion
As for the assets, it’s exciting to think about it.”
"Okay, okay, Fox, your First Boston Bank is not a fuel-efficient lamp, so let's not blame anyone else." Korver scolded with a smile.
Although these people who will dominate the future financial market argue with each other, Soros and Julian, who are the most important people in this party, say nothing and enjoy the wine.
After bragging to each other, everyone knew that they had to get down to business. After all, in this world of theirs, partners, friends and even family members were just a relationship of interest, with no real friendship at all. "BusinessIsBusiness"
, no friendship at all)" is the most respected code of conduct of these people.
"Mr. George, these days, we have released almost 100 billion Hong Kong dollars, but the Hong Kong government immediately absorbed it. If this continues, we will not be able to shake their currency exchange rate at all." The person speaking was the investment of Merrill Lynch Bank.
The department manager is a Japanese man named Amada Abe Zuo.
The person who responded to Amada Abe was not Soros, but Julian. He took a sip of wine and laughed coldly: "It's only been a few days, and you can't hold it anymore? Or do you, Merrill Lynch, want to quit?"
ah?"
"Now that we have drawn the sword, there is of course no possibility of retreating." Amada Abe snorted heavily: "What our bank is most concerned about now is whether you can break through Hong Kong's defense line. After all, no one wants to do a loss-making business, right?
"
People from several other banks also nodded in agreement. In fact, they were a little anxious, otherwise they would not have rushed over as soon as Robert Cetron sent out the invitation.
Korver of J.P. Morgan Bank took off the cigar from his mouth and said: "I am more concerned about whether China's currency will depreciate. At the beginning, you vowed that China's currency would depreciate in response to this financial crisis, but now,
There has been no movement at all from China. Their central bank has issued statements many times stating that the currency will not depreciate. Also, I saw the news before that China sent two deputy governors of the central bank to Hong Kong.
This is to show that they will support Hong Kong to the end.
Mr. Julian, China’s foreign exchange reserves rank third in the world after Japan. If we add Hong Kong’s reserves, this country can mobilize the largest U.S. dollar reserves besides the United States.”
Julian glanced at Korver: "What you said is true, but will China use all its foreign exchange reserves to deal with us? If that is the case, I fully support it. I will be the first to do it.
The RMB was sniped down!"
After a pause, he continued: "Whether the RMB will depreciate or not depends on the decision of the Chinese government. They have not made any policy actions on the RMB yet, which surprises me. However, this
It does not mean that we will lose this battle.
A long time ago, I went to Shanghai with Cetron and others to observe China's economic situation." Having said this, he glanced at Robert Cetron.
Cetron immediately understood and said to everyone: "We and Mr. Julian visited Shanghai Shipyard, an H-share company listed in Hong Kong, which also confirmed our previous analysis of red-chip state-owned enterprise stocks in New York, that is
These many red-chip state-owned enterprise stocks are simply not as valuable as the stock prices indicated by them.
Take this 'Shanghai Shipyard' as an example. Their ships are rusty, and the workers are just chatting in the factory. Everyone, this is not just a company with state-owned shares, most of the red-chip state-owned shares, other
There are big bubbles in the stock prices of companies, such as SIIC, Everbright, Beijing Enterprises, Tianjin Development, COSCO International, etc. Their stock prices have reversed.
This reflects the high-speed growth that may be maintained through capital injection activities in the next few decades, but everyone knows that such large-scale capital injection activities are almost impossible. In addition, investors have too high expectations for the management of red chip companies.
Many red-chip companies are group companies operating a variety of businesses, and it is unrealistic to expect red-chip 'taipan' to quickly create value for shareholders."
Fox from First Boston Bank said: "Cetron, we all know this. The reason why we gathered together to start this war is because we saw business opportunities. The financial economy in Hong Kong is full of bubbles that are about to burst.
, we are all aware of this situation.
But what we care about is not the cause of things, but the result, Cetron, we need to make money, do you understand?"
"Of course I understand, we do so many things for profit." Cetron said with a shrug.
At this time, George Soros finally spoke: "If you can't open one door, just try another door."
Everyone's interest was immediately attracted by Soros's words. Amada Abe Zori quickly said: "Mr. George, do you have any good ideas?"
After George Soros said a word, he didn't speak again. He drank again leisurely, with a tepid appearance, which whetted the appetites of others, but everyone was deeply moved.
Knowing his character, the more I pressed him, the more he refused to say anything.
Finally, it was Christopher Adkins who opened his mouth to clear up everyone’s doubts: “Everyone, what Mr. George means is that since the Hong Kong government sticks to the Hong Kong dollar as a currency door, we can attack them in other places. They can’t control the entire Hong Kong financial system.
The economy should be wrapped in copper and iron bones."
"Akins, stop being so pretentious and say it, say it!" Korver urged again and again.
Akins smiled and said: "At the beginning, we sold a large amount of Hong Kong dollars. In addition to destroying Hong Kong's linked exchange rate, we also wanted to bring down Hong Kong's stock market, because we also bought a lot
Short orders for Hong Kong stocks.”
He said: "Originally we planned to attack their linked exchange rate to affect the stock market and make the stock market plummet. Now since we cannot break through their currency gate in a short time, we will simply attack their stock market and raise the stock high again.
Isn't it our specialty to fall hard? Especially for those red-chip state-owned enterprises, the bubble has expanded so much that it will burst with just a light poke."
Amada Abe wiped the small goatee on his chin and said: "This method is indeed feasible, but we cannot alert the snake and let the people in Hong Kong take precautions in advance. Well, the actions on the Hong Kong dollar side must continue.
First paralyze them, and then attack their stock market in one fell swoop, using the stock market to hold down the Hong Kong dollar and its interest rates, then our chances of success will be much greater."
"What Mr. Amada said is absolutely true." Akins praised with a smile.
"Then who is the first person you want to deal with?" A voice suddenly sounded, attracting everyone's attention.
Then I saw an old man sitting on the other side of the deck. There was no other person from the bank or fund beside him, and he seemed lonely. But just like this, when everyone looked at him, they suddenly felt that the aura on him was incredible.
Even if you look down upon it, it is even slightly better than George Soros and Julian Robertson.
Seeing the old man speaking, Soros changed his previous indifference and showed a warm smile: "Mr. He, what do you have in mind in this regard?"
"I don't want to take my opinions seriously. It's just that I am more familiar with the stocks in the Hong Kong stock market than you are and I just want to give you some opinions."
This old man is clearly He Hongsen, known as the "King of Gamblers".