Soon, Yao Yuan shifted his focus from the futures market to the Hong Kong stock market. He walked to the big screen here and stood still. Li Jinghan and Ren Zhigang walked over in tacit understanding and stood on both sides of Yao Yuan. Obviously, this was the tacit consent of Mr. Yao Yuan.
The position of command.
Yao Yuan lightly clapped his palms, asking everyone to prick up their ears. He spoke in an extremely relaxed tone and said with a smile, "There are still five minutes to close. The Dongfeng team places a bid of 70 yuan from HSBC Holdings. We will accept as many as the mainland team and the SAR government
We will continue to fully support the first-line blue-chip stocks as planned."
Before the start of the trading, the highest share price of HSBC Holdings reached 183 Hong Kong dollars, making it the number one blue chip stock in the Hang Seng Index. It was precisely because of the plummeting share price of HSBC Holdings that the market plummeted, which in turn caused the Hang Seng Index to plummet.
Yao Yuan's arrangement is satisfactory, because everyone knows that it is the most difficult to fully support HSBC Holdings. It has plummeted from 183 yuan to more than 62 yuan now. HSBC Holdings' market value has evaporated by two-thirds, driving the Hang Seng Index to rise.
Plunge.
It would be extremely costly to lift HSBC Holdings.
The current situation is that there is not much that can be done in the futures market, and the stock market must follow up simultaneously. After both sides have formed a synchronous upward trend, it is time to launch a thunderous attack.
The three teams did not hesitate to take action on the goals they were responsible for. Suddenly, a bunch of main buying orders appeared on the market, just five minutes before the market closed.
The entire market was shocked.
At this time, the stock investors were ecstatic. They had just experienced a sharp decline for a whole trading day. They had actually been trapped when there were only selling orders. But now such a large number of buying orders suddenly appeared, this was their escape.
Great opportunity!
In just five minutes, trading volume soared to an unprecedented peak. The sudden change caught Soros and others off guard. After they reacted, it was time to close the market.
Before the market closed, the Hang Seng Index closed at 7,645 points, just one step away from Yao Yuan's profit and loss line of 7,700 points.
It's halftime.
At this time, news of the SAR government's intervention in the market began to spread in the market.
At 12:15, during a live interview with reporters, Morgan Stanley Asia managing director Zhuo Baide questioned whether Hong Kong people were willing to hand over their hard-earned foreign exchange reserves to a group of speculators, and he said that although Hong Kong’s foreign exchange reserves
There are hundreds of billions of dollars, but the total funds managed by some large fund companies in the United States can easily reach more than 10 times of Hong Kong's foreign exchange reserves.
The meaning is very obvious - giving up resistance is the only way to survive, and at least you can keep your hard-earned foreign exchange reserves. If you resist, you will not only lose but also lose miserably.
Immediately afterwards, Stanley, the Hong Kong-based fund manager of Soros’ Quantum Fund, appeared.
He held a special press conference and openly said, "No matter how the Hong Kong Monetary Authority intervenes, the Quantum Fund's action to attack the linked exchange rate can defeat the SAR government. Hong Kong's economy is in a period of recession and the fundamental factors cannot be reversed. Quantum Fund is short selling the Hong Kong dollar."
The futures index will win in the end. All the SAR government is doing now is just creating profit opportunities for speculators."
He openly shouted: "When the market closes in the afternoon, the officials of the SAR government will be frustrated with everything they have done."
He is very arrogant. Objectively speaking, this pioneer of Soros has the capital to be arrogant, because Quantum Fund manages up to 30 billion US dollars of funds, and there are a large number of follow-up speculators behind him.
As if cooperating with Stanley's remarks, the audit department with government background suddenly released economic forecast data for the third quarter at this time. Economic growth will be about -6%, exceeding the previous two quarters.
No one from Yao Yuan's side left the trading center hall. They were all having a working meal here while watching various news that was being broadcast on a rolling basis.
After seeing this news, Yao Yuan looked at Ren Zhigang and asked, "Mr. Ren, this audit company seems to be a subordinate department of yours, right?"
Ren Zhigang's face was as dark as water, he nodded slightly, turned to look at the assistant, who couldn't eat anymore and quickly called to inquire about the situation.
Yao Yuan did not intend to delve deeper. He knew the situation in Hong Kong very well. If there were not so many yellow-skinned and white-hearted officials in the government departments, Hong Kong would not be in that situation twenty years later, handing over its position as the financial center of Asia.
Gave it to Shanghai.
There is no point in delving into it or pursuing it further.
In fact, Yao Yuan knows very well that there is no chance of winning against Soros in the field of public opinion. The main mouthpieces in Hong Kong are in the hands of Westerners, and Soros has a close relationship with the British. When he attacked the British pound, he became famous in the first battle.
It does not affect the good relationship between him and the British plutocrats, but only ordinary British people are hurt.
Ren Zhigang suddenly received a call from Dong Sheng. He hung up the phone after listening for a while, and then said to Yao Yuan, "Mr. Yao, the government plans to persuade the managers of major funds and custodian banks not to lend out Hong Kong stocks to provide speculators with money."
Plate of ammunition.”
"I have no objection, but I don't think it will have much effect." Yao Yuan said with a half-smile, "You also saw what happened in the morning. Many ordinary investors joined the team of selling Hong Kong stocks for their own benefit. Five minutes before the market closed, we sold
After a huge amount of buying, these ordinary investors immediately sold, which shows that the vast majority of people believe that the Hong Kong dollar linked exchange rate system cannot be maintained, and Hong Kong stocks cannot be maintained, and they are bound to fail.”
After taking a sip of soup, Yao Yuan said, "In this case, whether fund managers and custodian banks holding large amounts of money will listen to the government, the answer is actually very obvious."
Ren Zhigang said solemnly, "There is no other way at present. If we start a war on all fronts, we may have difficulty raising the Hang Seng Index to a safe position of 9,000 points."
The purpose of everything we do is to lift the Hang Seng Index. If the Hang Seng Index goes up, it means that several other aspects will be stable.
After a sharp drop of nearly 6,000 points, with the help of the Dongfeng Team and the Mainland Team, the SAR government quietly entered the market and was able to block the offensive of the short-selling army. Soros will definitely attack with all his strength in the afternoon.
Yao Yuan suddenly said, "I have a way to put the SAR government in a favorable public opinion position afterwards, and also to cut off some of the ammunition for the short-selling army."
"Yao Sheng, please speak." Ren Zhigang sat up and straightened his back.
Yao Yuan glanced at Lin Wei, who looked serious, then took out a thick document from his briefcase and placed it in front of him, holding it with both hands.
Yao Yuan said, "Mr. Ren should know that Well No. 5 in Sedan Oilfield belongs to me, right? It is a super-high-yield well with a daily output of 100,000 tons."
"Of course I know. I'm afraid people all over the world who have read the news will know that it is the pride of us Chinese people." Ren Zhigang said.
Yao Yuan took the document from Lin Wei and handed it to Ren Zhigang, saying, "Not long ago, we issued Oriental No. 5 financial products globally, and so far we have raised US$5.6 billion. There are relevant documents here."
Ren Zhigang opened it and looked at it. While listening to Yao Yuan, he didn't understand what Yao Yuan wanted to say.
Yao Yuan smiled lightly and said, "I want to mortgage the output of the No. 5 well of the Sedan Oilfield in the next five years to the SAR government. At the same time, I will mortgage the assets of Hua Xia United Bank, Yongan Group, and Ocean Shipping Hong Kong Company to you, and borrow money from you.
US$30 billion in foreign exchange.”
As soon as he finished speaking, Gao Jian, Yu Yongan and the heads of the three major families, Mermaid House, came in from the other side of the door. The Xu family, the Guo family, and the He family were all real estate giants, except for the Xu family who was returning to shipping.
.
In fact, strictly speaking, Yu Yongan should be included. The Yu family is now a new generation of Hong Kong's wealthy family, with great influence and a lot of money.
Ren Zhigang was surprised to see so many big guys walking in with smiles, and suddenly realized that these had been arranged in advance by the young Mr. Yao.
After a brief exchange of greetings, everyone took their seats.
Yao Yuan continued, "No matter what the government does, it will inevitably be criticized by the industry and academia afterwards. If the government lends part of its foreign exchange reserves and helps lobby, I will spend real money to buy those fund companies.
Custody of Hong Kong stocks held by banks. This is by no means a government-led action."
This was a good idea. Ren Zhigang realized it right away. The reason why he didn't think about it before was because no other company could play such a role. You know, this means that Dongfeng Team is the absolute main force.
The absolute main force means that the losses must be the most severe.
At this time, Guo Tairui squinted his eyes and said, "Mr. Ren, our three major families have provided guarantees for Mr. Yao, and Mr. Yao has used the best quality assets for mortgage. There is no risk to the government. We can handle all the procedures here."
To handle it on your behalf, you only need the consent of the government."
His position is the position of the other two companies.
Gao Jian smiled and said, "After the market opens in the afternoon, Chairman Yu and I will no longer need to hide our identities. The secret team arranged by Mr. Yao will launch an attack from within Soros."
Yu Yong'an took over and explained the bitter meat plan again, which amazed Ren Zhigang, who only knew one move. No wonder Yao Yuan was so confident!
You know, Yao Yuan has invested more than 20 billion U.S. dollars. If he wants to borrow 30 billion U.S. dollars from the government, it will be 50 billion U.S. dollars. If he loses, the huge country he has worked so hard to build will be lost.
The owner has changed.
To borrow U.S. dollars from the Monetary Authority, overseas assets must be used as collateral. In Yao Yuan's hands, the only oil companies that have both financial attributes and ultra-high value retention rates with visible and considerable returns are oil companies, and Dongfang Petroleum
Its Sedan Oilfield is undoubtedly a high-quality asset.
In addition, he has staked Huaxia United Bank and Yongan Group, and the asset value is an absolute US$30 billion.
The most critical point is that there is obviously no time to evaluate slowly at this time. We must choose some assets that are familiar to the outside world. If we choose the Baku Oil Field, even that is a very profitable oil field, but because it is rarely disclosed to the outside world,
The outside world knows very little about the relevant data, which makes it difficult for the HKMA to make a decision in a short time.
The Sedan Oilfield is different. Everyone around the world knows that this is the most profitable oil field in the world. Hua Xia United Bank is even simpler and you can see the statements immediately, while Yongan Group is the holding company of the listed company Yongan Shares...
In fact, all Ren Zhigang needs to consider is the current exchange rate...