Chapter 893 Invest tens of billions of Hong Kong dollars for a few cents
A group of big shots were having breakfast in the lobby of the Securities Department Trading Center of Hua Xia United Bank. The atmosphere was unprecedentedly dignified. The staff who served breakfast did not dare to show off their arrogance and acted cautiously.
Yao Yuan went to the small restaurant to have breakfast with Xia Honghua, and the two communicated for more than half an hour. When Yao Yuan returned to the trading center hall, everyone found that his expression was obviously much more relaxed.
Not much to say at the moment, let’s get ready.
At 8:30 in the morning, a press conference was held in Beijing. Mr. Zhou attended and gave a brief speech, which can be summed up in one sentence - the central government supports Hong Kong in maintaining a stable exchange rate.
After this information came out, Soros, who was far away in New York, was so angry that he smashed the coffee cup in his hand. It was the first time that he lost his temper in front of so many subordinates. This matter was quickly reported to Sherry He by the intelligence agent placed inside the Soros Quantum Fund.
Bian, Yao Yuan got the news immediately.
At this time, Yao Yuan's most worried thing will not happen, because the US official has not expressed its position on this, which means that at least the official side will not intervene.
The scale of the financial war is limited to the original scope. Specifically, the bulls of the Spring Breeze Team and the SAR Government Team continue to face the short army of international speculators led by Soros.
Everyone realized that today's battle would be even more tragic than yesterday afternoon, and even ordinary stock market leeks could smell the strong smell of blood that appeared before the battle even started.
The scene of the brutal fight 15 minutes before the market closed yesterday is still very clear before our eyes. After the stock market opened today, everyone's expressions were still very solemn.
Shortly after the Beijing press conference, the world's top investment banks, banks, securities analysis institutions, and financial giants all publicly expressed doubts about the SAR government's intervention in the market in various forms. This wave was more violent than before. In many ways,
In a short period of time, the SAR government's entry into the market to fight back against international speculators was regarded as a precursor to Hong Kong's decoupling from the free market economy, causing panic among the people of Hong Kong.
People's hearts themselves are unstable. Under the deliberate guidance of Western public opinion and the guidance of the trolls, Soros and others have successfully created a doomsday situation before the market opens.
The most important news is the speech made by Stanley, the fund manager of Quantum Fund in Hong Kong, at the 9:10 press conference.
He declared: "Quantum Fund has reallocated tens of billions of dollars in funds. This move is aimed at maintaining Hong Kong's free market economy and its status as the world's fourth largest financial center. It is to confront the SAR government that is trying to decouple from the free market economy.
To ensure that Hong Kong’s position in the world financial market remains unchanged and to protect the interests of investors..."
If the previous speech was a veiled declaration of war, then this time it will be a blatant declaration of war, and the arrogance of the attitude is infuriating.
Zeng Sheng and Ren Zhigang held an emergency press conference at Hua Xia United Bank. Also present were Gao Jian, Yu Yongan and the heads of the three major families.
Zeng Sheng said, "...the government hopes that everyone will understand that if no action is taken, the stock market will fall to unreasonable levels due to manipulation, interest rates will continue to be high, the linked exchange rate will continue to be under pressure, and economic recovery will be impossible.
There is no timetable. It is precisely for the future development of Hong Kong and to ensure that Hong Kong’s status as the fourth largest financial center in the world remains unchanged, government intervention is imperative... Government participation in the market is a dilemma, but relatively speaking, the lessons learned from Southeast Asia are
At present...intervening in the market has become an inevitable choice..."
These words were very emotional and well-founded. They also spoke from Tsang's personal heart and expressed the SAR government's firm determination not to give in.
Gao Jian made his second speech as the chairman, general manager and president of Hua Xia United Bank. He expressed his position simply and concisely, "Hua Xia United Bank fully supports the actions of the SAR government and has reached an agreement with the financing parties and decided to use Oriental 5 for financial management."
The fund’s custody funds enter the market.”
The weight of this sentence is enough, because before this Oriental No. 5 financial management fund has become popular in Hong Kong, because behind it stands Oriental Petroleum Company, the oil company that dug the world's highest daily oil well, Nissan
100,000 tons, all of which are the best light crude oil, with a great location and low transportation costs...
That's basically an oil well that can spit out millions of dollars in cash every day.
As an agent issuing bank, the strength of Hua Xia United Bank gradually became known to more people, and they were surprised to find that Hua Xia United Bank, which had previously had a low presence and was not listed on the market, was actually so strong.
Then Yu Yongan gave a speech. In the eyes of Hong Kong investors, Yu Yongan is the god of the stock market. He has a bloodthirsty factor. He often bombards his opponents' stocks in the stock market and grabs huge amounts of money because of some conflicts.
Profits, whose style is no different from Soros, has the title of Hong Kong Soros.
Although Yu Yongan is still very young compared to Soros, his statement will undoubtedly greatly inspire the confidence of Hong Kong investors.
Yu Yongan said eloquently, "Yongan Group will stand on the side of the SAR government and fight to the end against the Wall Street tycoon Soros and other international speculators! At the same time, I strongly call on Hong Kong companies to fight back and fight a nationwide financial defense war!"
The press conference was very short. Less than two minutes after it ended, Hua Xia United Bank and Yongan Group issued announcements at the same time.
Hua Xia United Bank released a report disclosing the bank's main business and revenue, focusing on the bank's financial business in Russia, and finally decided to start the process of listing in Hong Kong!
This is undoubtedly a shot in the arm for the sluggish Hong Kong stock market, because the bank's Russian financial business revenue last year was as high as 18 billion U.S. dollars, and the Russian branch's profits turned over to the head office reached 2.56 billion U.S. dollars, with a profit margin of 14
%!
This is just the performance of the bank’s Russian branch!
Yongan Group released a set of data. Because the company owns Yongan Shares, the best listed company in Hong Kong stocks in recent years, the data report released by the company has a more direct impact on Hong Kong stocks.
Yongan Group announced that in the first three quarters of this year, the company completed the construction of a total of 32 garment factories in the mainland, of which 8 are garment production bases with more than 10,000 employees, and 5 of them specialize in the production of mid-to-high-end foreign trade garments.
The production base, with a total investment of HK$5 billion, reached saturation in the first month after it was put into operation...
Everyone knows that Yongan Group started out in the clothing trade. Later, it built its own factory to produce its own brands. Last year, it fully entered the European market, and its mid-to-high-end clothing brands have already established a firm foothold in the European market.
What everyone cannot ignore is that Yongan Group is the chairman company of the China Garment Trade Association, and Yu Yongan himself is the chairman of the association. More than 80% of the garment foreign trade in mainland China is in the hands of this association. Every action is taken.
It was a large-scale battle, and Gui Lao's clothing brand screamed, and the low-end clothing market had been completely lost...
The time has arrived at 9:25, and there is a 5-minute countdown to the opening of the market.
Once what can be done is done, the results will be known soon.
Gao Jian and Yu Yongan returned to the trading center hall of the Securities Department of Huaxia United Bank. Zeng Sheng was gone. He had to deal with things other than the stock market. Ren Zhigang had to stay. Even if he was driven away now, he would not leave.
There is no limit on the rise or fall of Hong Kong stocks, and the SAR government, which has already gained an advantage, cannot rest easy. Soros is fully prepared, and it is a PlayerUnknown's Battlegrounds-style counterattack. He will definitely overdraw all his strength.
To put it bluntly, how embarrassing the situation Soros faced yesterday was how brutal his counterattack today was.
This is a no-brainer.
At 9:28, there is a 2-minute countdown to the opening of the market.
At this time, a piece of news caught Yao Yuan's attention.
The TV hanging on the wall has been playing major news from around the world, some directly related to finance, and some other international current affairs news. There is a dedicated news intelligence team responsible for extracting and analyzing useful information from these complicated news.
This news did not attract the attention of others, and the people in the news and intelligence team did not think there was anything wrong.
Because this news is about a small country in the Middle East-Qatar.
Qatar Energy announced that it will accelerate the construction of the northern gas field and intends to introduce advanced international technology...
Yao Yuan frowned and thought for a moment, then whispered to Lin Wei, "Call Su Jianmin and ask about the situation of Qatar Energy Company in recent days."
Lin Wei noticed that Yao Yuan's attention was on the current affairs news on TV. He understood and left the scene to find a quiet place to call Su Jianmin.
At this time, Qatar is not the tycoon that it was more than 20 years later, who spent 220 billion US dollars to build a new city to host the Men's Football World Cup. At most, it is a well-off family that has just started to make money from oil and natural gas.
The current natural gas market is in its initial stage of growth. Dongfang Petroleum acquired the Sedan Oilfield at the expense of underwriting the natural gas in the United Arab Emirates, which was proven to be a discerning commercial bidding operation as early as three years ago.
The largest oil and gas field in Qatar is the North Oil Field. Yao Yuan also knew that this oil field will be the largest single oil field in the world. One oil field can satisfy the needs of both Qatar and Iran...
With the help of the northern oil fields, Qatar will suddenly become the country with the third largest natural gas reserves in the world. By that time, Qatar will really have too much money to spend...
Now, people don’t realize the scale of Qatar’s northern oil and gas fields.
So, what impact does this piece of information have on the current situation Yao Yuan is facing?
In fact, the impact is very large.
During an economic crisis, oil prices fall, and rising oil prices may also bring about an economic crisis. The two are closely related.
According to the information provided by Shirley He, Quantum Fund held a large number of short positions in oil and natural gas futures. This was arranged by Soros in advance. He had already arranged it before he attacked Thailand. In the past few months, he had started from oil and natural gas futures.
The market has made a lot of profits.
Yao Yuan also holds a large short position in oil and natural gas futures because he knows that during the Asian financial crisis, oil and natural gas prices once plummeted by more than 60%, and he controls an annual output of nearly 100 million tons. As long as he does not significantly reduce production, oil prices will rise.
will continue to fall.
At this time, Qatar will speed up the construction of the northern oil and gas fields, which means that the price of oil and natural gas will plummet because more output will be supplied to the market in the future.
With Soros' keen sense of the market, it is impossible for him not to pay attention to this type of information.
Yao Yuan couldn't help but rub his chin and pondered. Maybe Soros's last resort was the profit in the oil and natural gas futures market. Even if he failed in Hong Kong, he could at least make some money from the oil and natural gas futures market to make up for his shortfall.
This isn't fun anymore.
If you want to beat him, you must knock him down completely. Let him mention the Chinese people for at least ten years. When he sees the Chinese people, he will be so afraid that his legs will tremble.
He quickly formulated a plan framework. After Lin Wei came over, he explained a few words like this, and Lin Wei hurried away.
Ren Zhigang came over and asked worriedly, "Yao Sheng, what's going on?"
"Other things in the company." Yao Yuan said.
Ren Zhigang thought for a while and asked, "Will it affect today's actions?"
"Even if it has an impact, it will be an impact that is beneficial to us. Don't worry, Mr. Ren." Yao Yuan replied with a smile.
With these words, Ren Zhigang felt relieved.
At 9:30, the Hong Kong stock market opens!
Everyone's attention immediately focused on the stock of Hang Seng Holdings. As the absolute number one blue chip stock in the Hang Seng Index, HSBC Holdings is the main battlefield today!
The opening slightly increased by more than 30 points, but the stamina shown was seriously insufficient, and the trend was obvious.
Suddenly, several selling orders were placed, more than 3 yuan lower than the market price, totaling 5 million shares!
Punch hard as soon as you strike!
So that the traders who had just experienced the fierce battle yesterday afternoon couldn't help but gasp. The market has just opened, and Soros is fighting for his life!
"Take it, there is no strategy at this time, it just depends on who has more goods and who has more funds." Yao Yuan said in a deep voice.
However, just when the transaction was being prepared, a company called British Fund jumped in and took over the 5 million shares.
Everyone was shocked, but Yao Yuan remained calm and said with a sneer, "That's all Soros can do. Put a buying order at 88 yuan! Buy 1 billion Hong Kong dollars!"
Li Baoguo didn't hesitate at all and quickly placed a buying order of 88 yuan.
He knew that the big boss was rushing to buy the goods from retail investors.
Sure enough, some retail investors who were anxious to take action sold like crazy. The stock price of HSBC Holdings soared directly to 88 yuan, and then a large number of selling orders above 88 yuan quickly appeared.
Yao Yuan accepted the entire order, at the expense of a sharp increase in costs.
The Hang Seng Index was encouraged and jumped dozens of points, with a very strong momentum.
As the attacker, Soros had no choice. This time, he did not sell a large sum of money, but divided it into several ratios, each of which was 100,000 shares, and smashed the market like crazy.
Li Baoguo competed with the British Fund for the selling orders put out by Soros, and at the same time continued to place buying orders at high prices to continue to suck in the goods from retail investors.
The Hang Seng Index and the Futures Index are like plumb bobs in a tug-of-war, sometimes left and sometimes right, both sides come and go, and the fight becomes intense as soon as it starts.
HSBC Holdings is the main battlefield.
Soon, the share price of HSBC Holdings was maintained at about 81.5, and the actions of both parties could affect the rise and fall in an increasingly smaller and smaller range. This means that the share price of HSBC Holdings is becoming more and more important to the Hang Seng Index and the futures index.
The more prominent it is.
By 10:15, Yao Yuan's side had spent more than 30 billion Hong Kong dollars, Soros's side was not much better, and the rise and fall of HSBC Holdings' stock price had narrowed to 50 cents.
Sometimes both parties invest billions of Hong Kong dollars just to push it up by 5 cents, or to make it fall by 5 cents, because this means a rise or fall of dozens of points in the Hang Seng Index.
As the battle deepens, the situation becomes clearer and clearer, and the market reaches a consensus. If the share price of HSBC Holdings can be maintained above 80 yuan, the Hang Seng Index can hold the 9,000-point mark. If Soros and others want to cut their flesh and retreat, they must
Bring the Hang Seng Index down to 9,000 points.
The focus of both offense and defense is becoming more and more concentrated...