The Hong Kong Monetary Authority once again announced an increase in interest rates, and the country's speculators who were frantically borrowing Hong Kong dollars and selling them came to an abrupt halt.
Because in a short period of time, the overnight interest rate has soared to 300%. At this interest rate, international speculators will lose money so much that they don't even know their mother.
The Hong Kong Monetary Authority simultaneously bought a large amount of Hong Kong dollars, finally pulling up the exchange rate of the Hong Kong dollar, which had already fallen half off the cliff, a few minutes before the market closed and stabilizing its position.
The market closed on time in the afternoon.
This night is destined to be a sleepless night.
Everyone knows that there will be a bloody storm as soon as the market opens tomorrow, and there is not much time for everyone to prepare, both for both parties.
In the office building of Changshi Holdings' headquarters, in the chairman's office, Gao Jian and Yu Yong'an were sitting, and then there was Li Bancheng sitting on the single sofa. There was no fourth person.
Li Bancheng hid his inner ecstasy well and said calmly, "President Gao, Director Yu, I will close my position and leave when the market opens tomorrow morning, and I won't care about the rest."
This old fox!
Yu Yongan cursed in his heart, thank God Yao Yuan had expected it, otherwise he would have been caught off guard.
Yu Yongan smiled and said, "Tomorrow is when the Hang Seng Index will plummet. Mr. Li, all the main profits will be tomorrow."
Li Bancheng waved his hand gently and said, "To be honest, I have never felt at ease in my heart. After all, I am in the company of Soros and other Wall Street tycoons. It would be disgraceful to speak out."
You have made more than a billion fucking Hong Kong dollars. This is all the hard-earned money of the people of Hong Kong. How long did it take?
Now that you have eaten and drank enough and want to leave, do you start selling your feelings and talking about your feelings?
late!
Yu Yongan and Gao Jian looked at each other. The former kept a smile on his face, while the latter said calmly, "Mr. Li, you may have forgotten that we jointly judged that the Hang Seng Index would fall below 6,000 points. Our short positions were based on
It was built based on this judgment.”
After a pause, Gao Jian still said calmly, "If you withdraw tomorrow, I just did a rough calculation. Based on today's lending interest, you will probably lose money, about... seven to eight billion Hong Kong dollars..."
Li Bancheng's expression finally changed, and he looked at Gao Jian and Yu Yongan uncertainly.
After a long time, Li Bancheng slowly uttered a sentence, "You cheated on me?"
Yu Yongan spread his hands and said, "Where do you start with this? Mr. Li, don't forget that we have invested much more money than you. We have agreed to advance and retreat together. If you want to withdraw early, I would like to
Let me ask you, are you planning to trick us?"
When he said the last sentence, Yu Yongan stared at Li Bancheng with sharp eyes.
Compared with Gao Jian, who is indifferent to emotions and anger, Yu Yongan behaves very directly. He expresses his emotions how he feels and doesn't care about anyone's opinions and feelings. This is actually the characteristic of a strong person, because a strong person
No one dares to challenge the position of the person who can challenge it.
Li Bancheng looked at Yu Yongan, but he was wrong.
This is a fact.
What Yu Yongan said is true.
Li Bancheng softened his tone and said, "I have my own difficulties, so I invite you to come over for discussion immediately after the market closes. Although Dong Yu is in front now..."
"It's good if you know I'm the one taking the pressure on the stage!" Yu Yong'an snorted coldly.
Li Bancheng paused for a moment, then continued, "But paper cannot cover the fire. I have received reports that some people in the Hong Kong government already suspect that local entrepreneurs are behind this. The China Securities Regulatory Commission will follow the clues to investigate, and it will be easy to find out."
Come to me."
He spread his hands slightly and said, "I'm just like you, I just want to make some money to make up for the losses. And you two also know that my losses are actually caused by your big boss. In business, if you fail, you fail. I
No problem, this time you came to me for cooperation, and I put aside my prejudices and worked together. But in this situation, I can't risk all my wealth. If it were you, you wouldn't, and neither would your big boss.
."
You are wrong. Our big boss has pledged all his wealth and destroying you is part of the plan. Now that the drama has not yet begun, how can we let you withdraw your capital and run away?
No, we must stabilize you. Not only must we stabilize you, but we must also make you determined to invest some more money in the mortgage loan.
Yu Yongan and Gao Jian began to cooperate tacitly.
Yu Yongan said, "You are right, business is business, and matters in the business field are neither necessary nor should they be expanded into personal grudges. Since it is said to this extent, I will not hide it."
Having said this, Yu Yongan looked at Gao Jian, "Old Gao?"
Gao Jian sighed helplessly and said, "Just tell me."
Yu Yongan nodded.
Ever since the two of them approached Li Bancheng to cooperate, Li Bancheng had been vaguely feeling that there seemed to be something wrong within them, but there was no way to confirm it. Looking at this situation now, it seemed that it was about to be verified.
Sure enough, Yu Yongan said in a deep voice, "Li Sheng, I guess you have heard some rumors. There are some ideological differences between us and Yao Sheng. I am not afraid to tell you that this time it was me and Governor Gao who decided to do this.
."
There is something really wrong internally.
Yu Yongan said expressionlessly, "In business, Hong Kong is a free market economy. I support Yao Sheng's policy of supporting Hong Kong's stable economic development after its return. This is also an important cornerstone for the future development of us Hong Kong people. So you wanted to
I personally am also very opposed to organizing a few wealthy people to make large-scale investments in the UK. Doing so at this juncture will undoubtedly turn against the mainland."
He is really a reckless man, he will say anything, but it is precisely this kind of person who will show no mercy, but as long as the goal is consistent with him, he will still go all out. This is not entirely a bad thing, Li Bancheng sighed in his heart.
Yu Yongan started to get a little excited, "However, Yao Sheng now wants us to stand with the government unconditionally and ignore the fact that Southeast Asia and Taiwan have fallen under the cavalry of international speculators. We cannot accept this under any circumstances!"
At this time, Gao Jian picked up the conversation at the right time and said in a sincere tone, "I have repeatedly tried to persuade him, but Yao Sheng couldn't listen. The financial market has its own laws. The rise and fall of the stock market depends entirely on the market. Hong Kong has always adhered to the principle of
Non-interference policy is the foundation of our life. We are just businessmen, but Yao Sheng has to use his hard-earned money to fill it. Not to mention whether he can stop Soros, even if he can, he will definitely suffer losses.
Tragically, so many years of hard work will be ruined in one day!"
At this point, Gao Jian sighed and said, "Since we cannot unify, we have to consider our options. We can do something while we can to pave a way out for ourselves. Director Yu and I don't want to go through all the hard work over the years."
The money was ruined."
He waved his hand and added, "But Li Sheng, you must not think about asking us to do anything to Yao Sheng. He has been kind to us. Since it is difficult for us to continue walking down together, we can get together and part ways.
We do ours and he does his."
Without the following words, Li Bancheng's first reaction was to suspect that they were playing a trick. Li Bancheng just wanted them to deal with Yao Yuan secretly as a test.
Yu Yongan was very impatient and patted the armrest and said, "Yao Sheng doesn't want to do this, but he can't stop us from doing it. Li Sheng, President Gao and I have spent all our money. I think you can do it better than anyone else."
Be clear, this time you will only win and not fail. The Hang Seng Index plummet is a foregone conclusion. This is the only chance. You have already done this. Why only make 100 million when you can make 1 billion? You know better than anyone else that this time
After the crisis is over, the top ten companies in Hong Kong will be hit hard. Whoever can make enough cash in this crisis will be the leader of Hong Kong's economy in the future."
"All in all, Hong Kong is bound to lose. The SAR government will not interfere in the market. No one can stop the crazy attack by Wall Street giants like Soros. The situation is now obvious."
Gao Jian played the role of calm analysis. He said in a deep voice, "Whether Chairman Yu's words are rude or not, the situation is very clear. It is a matter of earning more and earning less. Li Sheng, to be honest, in ten years
, who can remember who is on which side in this crisis? Who can say who is right and who is wrong."
After a pause, he said, "Compared with profits of billions or even tens of billions of Hong Kong dollars, I think the so-called reputation is just a cloud. To put it bluntly, who has the right to public opinion? In Hong Kong, who
The money belongs to whoever has it."
Gao Jian observed Li Bancheng's face, "Part of the land in the First Ring Road of Central has fallen into Yao Sheng's pocket. Maybe you don't know that Yao Sheng wants to separate the rights to this land and set up a real estate company. Changshi Holdings went to
The British investment plan failed and another part of the land at One Central was lost. This is the only chance for Cheung Kong Holdings to bottom out and rebound."
Li Bancheng's brows twitched and he looked at Yu Yong'an, "Dr. Yu, the land parcel No. 1 in Central held by Guo's Hong Kong-based Group seems to have been transferred to your Yong'an Group, right?"
The land parcel No. 1 in Central was extremely huge. After Cheung Kong Holdings bought it, it distributed the rights and interests with its partners according to the previous agreement. Hong Kong Base Group got a part of it. After Guo Tairui decided to cooperate with Yao Yuan, this part of the land was resold to
Wing On Group.
Li Bancheng's question seemed to be intentional. Yu Yongan's mouth twitched obviously, and a thousand tons of anger seemed to be burning in his chest. He said, "I am the second largest shareholder of Yongan Group. Besides Yao Sheng, it is me. Yao Sheng
Probably because I am afraid that I will make too much money, I will divide the best land in Hong Kong and set up a new company to operate it."
Sure enough!
At this time, Li Bancheng basically believed what they said, thus confirming some previous clues and confirming his suspicions.
How can there be a monolithic company? The bigger the company, the more internal conflicts there are. This is Li Bancheng's deep understanding from the past half century. The same is true for his Changshi Holdings. There are even intrigues among his sons, let alone no blood ties.
relationship partners.
Just like him and Guo Tairui, Guo Tairui was still kind to him, but he still didn't reach out to pull Guo Tairui's hand when he could, because he couldn't see the benefit...
Gao Jian suddenly whispered, "Not only you, we have also contacted other people. Several of them have mortgaged their assets to Hua Xia United Bank for loans to enter the market. This power is in my hands. Li Sheng, what you are facing now is not
The question is whether to withdraw or not, but whether to increase leverage and investment.”
"Who?" Li Bancheng became wary.
If there are too many people entering the market and shorting, there will be an unavoidable problem - no one will take over the order. Therefore, whoever gets in front will be able to make the most money and withdraw safely before no one takes over.
Gao Jian shook his head slightly, "I can't say this, but it will be clear after the market opens tomorrow."
Mortgages increase leverage?
Li Bancheng obviously no longer considers the issue of withdrawing or not. The facts are obvious. With such a high interest rate, the Hang Seng Index will definitely plummet after the market opens tomorrow, and may even set a record of plummeting ratio. There is no limit on the rise and fall of Hong Kong stocks. In theory
It's possible that the last one fell to the bottom.
What Yu Yongan and Gao Jian said is true. The current situation is that the Hang Seng Index will definitely not be able to hold on. To hold on to the Hang Seng Index, we must abandon the Hong Kong dollar's linked exchange rate system, and the Hong Kong dollar exchange rate will plummet. This
It is a more terrifying and unbearable consequence.
Li Bancheng also saw this very clearly.
In fact, with Li Bancheng's knowledge, he had already seen the fatal weakness of any move as early as the previous several tests by Soros.
But he is not Soros. If he did what Soros did, all the people of Hong Kong would drown him with spit. The SAR government has also cited relevant regulations to investigate him, and may even turn him to commercial crimes.
Things are different now. The Hong Kong stock market is in turmoil. Soros and other international speculators are the focus of all Hong Kong people. Now there is another stock market maniac Yu Yongan who is famous for not fearing anything. It is difficult to deny that this is a man who is not afraid of anything.
Excellent opportunity.
After repeated weighings, Li Bancheng asked slowly, "President Gao, what amount of loan can you approve?"
Gao Jian was very calm and did not show even a trace of his inner ecstasy. He said, "Huaxia United Bank has clearly stipulated that the highest approval authority for asset-backed loans lies in the hands of the president, which is in my hands. In theory,
, can achieve an asset valuation of more than 80%. Cheung Kong Holdings is a high-quality enterprise, and its subsidiary Hong Kong Telecom is a blue chip stock in the Hang Seng Index. I dare not say that it can achieve 100%, but there is no problem with more than 90%."
The premise for the Hang Seng Index to fall is that blue-chip stocks fell. Hong Kong Telecom is the most profitable company in Li Bancheng's hands. He has been losing blood as the stock price has been falling. If he does not make some money in the futures market to offset the shortfall, Cheung Kong Holdings will definitely do it this time.
Heavy losses occurred during the crisis.
This is the main reason why Li Bancheng made up his mind to cooperate with Gao Jian and Yu Yongan to make money!
How could he shake hands with Gao Jian and Yu Yongan and make peace with just a few words? How could he easily believe what they said?
It boils down to two words - it is related to one's own vital interests.
After pondering for a long time, Li Bancheng finally made up his mind, "Let's fight. Only if you love to fight will you win."
Only then did Yu Yongan remember how young this old guy was...