363 [Steady, Can Win]
News from outside quickly spread to the expiration of the exchange. As Song Weiyang and his group walked in, countless eyes fell on them.
Just seven days ago, Soros smashed the market once, causing the Hang Seng Index to fall to 6,600 points. Before Soros was sniped, the Hang Seng Index was 16,673 points. In just one year, the Hong Kong City Stock Index was smashed to 100 million points!
Only fools can buy the price!
But now there are ten fools coming, and they come from the mainland to "rescue the market", which makes the Hong Kong City people present feel quite uncomfortable.
He Guoming had a smile on his face, but he whispered: "Boss, I will advise you again in the end. If you can't pay for the Hang Seng Index Futures, you will lose all your money!"
"Do as I ask." Song Weiyang said.
"Oh!" He Guoming wanted to speak but stopped, so he could only sigh.
In fact, Song Weiyang is the only one who came to "rescue the market" today, and the rest of the people did not agree to fight with Soros.
Even Citi China, the second largest shareholder of Taurus Capital, has a solemn protest against Song Weiyang's decision. However, the protest was ineffective. Song Weiyang owns nearly 80% of the shares, and Citi China has only two choices: continue to play with Song Weiyang, or choose to clear out the shares and cash out the people.
Of course it is OK to clear out the shares, but no matter how fast it is, it will take one or two months. Citi China has to play with Song Weiyang for the time being.
"Xiao Song, your gambling is too great." Wu Guodi sighed.
Duan Yongping also said: "If you miss this time, the loss will be many billions!"
Song Weiyang smiled and said, "You won't miss it, you can watch it."
Yes, these bosses are all watching the fun. Apart from Taurus Capital, they will not spend any other money in it.
Song Weiyang was preparing to play a game of studs. He not only ordered Taurus Capital to spend most of the cash today, but also planned to lend 100 million US dollars from Citibank. The repayment date of the loan was the end of this month, and it was mortgaged by Song Weiyang's equity in Taurus Capital. This action made Citibank very happy.
Citibank wished that Song Weiyang would lose all of it, and then took the opportunity to eat Song Weiyang's equity, Taurus Capital was nothing. The investments of Taurus Capital by Shenzhou Technology and Google are jealous.
The loan is still in progress, and it is estimated that it will be completed in one week, and it will definitely catch up with the decisive battle at the end of the month.
As for today, it’s just an appetizer and a pre-war warm-up.
He Guoming said sideways: "Boss, please come inside."
Song Weiyang suddenly turned around, stood in the center of the trading hall, and smiled and said to everyone: "Today, I want to make the Hang Seng Index rise by 500 points!"
The whole audience was in an uproar and very noisy.
Song Weiyang pretended to be slap and ran away, leaving a bunch of people talking about it:
"This person named Song is already crazy. He thinks he is the God of Wealth? The Hang Seng Index has not increased by more than 50 points in a single day in the past year, but it often falls by 500 points a day."
"Does he have inside information?"
"What else insider information can be found? Unless Soros is dying of illness."
"It's not enough to die a Soros, all the senior executives of Quantum Fund can die. By the way, dozens of other hedge funds bosses and shareholders will be killed, so that Hong Kong dollars and Hong Kong stocks will be really saved."
"Maybe Song Sheng has a good relationship with Lei Gong, and one thunder strikes down and kills a large area."
"Taurus Capital made so much last year, and Song Weiyang is not a fool either. Is he accused of being evil today?"
“…”
When the futures exchange is about to start, Song Weiyang said: "Place an order as originally planned and ignore any interference."
He Guoming couldn't help but remind: "Boss, be long according to your plan. If the Hang Seng stock index fluctuates slightly, you will have no money to add margin. We may lose our position at any time!"
"I know." Song Weiyang smiled.
"Okay, you are the boss." He Guoming stopped talking and cursed "crazy" in his heart.
In fact, funds from the Chinese government were transferred to Hong Kong City yesterday. The Hong Kong government quietly bought a large number of short contracts, which not only stabilized the downward trend of the Hang Seng Index, but also rose by 10 points in one day.
International speculators and many retail investors mistakenly believe that the Hong Kong government was forced to take action, and they believe that the Hong Kong government has not much money left.
At this moment, He Guoming gritted his teeth and sucked in crazily, and then watched the Hang Seng Index continue to fall.
"It must be done." He Guoming thought.
After finishing another long order, He Guoming suddenly heard everyone shouting: "It's rising, it's rising!"
Has it increased?
He Guoming suddenly looked at the electronic display screen in the trading hall, and indeed saw the Hang Seng Index rise by 2 points. Then the number jumped and continued to rise!
It is absolutely impossible for Taurus Capital's operation to push up the Hang Seng Index, because that little money is just a drop in the bucket.
Then there is only one possibility left: the Hong Kong government mobilized huge sums of money to save the market today!
Rising up and rising up and rising up... It's bullish all the way.
Countless financial institutions and retail investors were stunned, and international speculators were caught off guard. It was not until more than 40 minutes after the market opened that international speculators smashed the market crazily. After the Hang Seng Index fell slightly, it rose wildly again.
This was a routine all day long. The Hang Seng Index was smashed by international speculators by two or three points, and was immediately raised by the Hong Kong government by 20 or 30 points.
It's too powerful. How much money has the Hong Kong government invested today?
Many retail investors watched the changes and did not dare to take action easily. Until the Hang Seng Index was pushed up by more than 80 points, retail investors finally couldn't help it and followed the trend and bought the rise.
With the addition of these retail investors, the Hang Seng Index rose faster. International speculators chose to remain silent collectively, and at least they could not smash the market today. The flock of sheep is already following the Hong Kong government, and they are fighting against all retail investors. Even many small and medium-sized securities institutions are taking the opportunity to buy the market. These institutions do not stand on any side and will only follow their own interests.
"It's really rising?" Li Sufu was stunned.
The cigar in Zhang Xuanlong's mouth almost fell off, and the ashes fell on the suit without even paying attention. He turned his head and asked Song Weiyang: "Goodie, do you really have no insider information?"
"Of course not." Song Weiyang smiled.
Liu Yonghang laughed: "Xiao Song, I don't dare to call you Xiao Song anymore. I should call you God of Wealth."
By the close of the morning, the Hang Seng Index had risen by about 200 points.
Although He Guoming made numerous profits in the orders he operated, he was still confused and came to Song Weiyang and asked, "Boss, are you a relative of every move?"
"Every move" is Ren Zhigang, the president of the Hong Kong City Financial Administration. Every time Soros comes with speculators, his only response is to increase interest rates, so it is nicknamed "Every move".
One trick can be eaten all over the world.
It is obviously impossible to take any move, because every time he raises interest rates, it means that the Hong Kong government will have to make a blood. When the Hong Kong government's blood is exhausted, it will be the day for international speculators to win.
Song Weiyang smiled and said, "I have never met President Ren before, how could it be his relative?"
He Guoming put away his smile and said with a serious expression: "The Hong Kong government mobilized a large amount of funds today, and I'm afraid there is nothing left. It seems to have won a great victory, but in fact it is just a reflection of the whole thing."
"Don't worry about that much, throw out all the money in your hand!" said Song Weiyang.
"I'll listen to you." He Guoming could not object.
Song Weiyang smiled and said, "Let's go, let's have lunch."
Ten bosses, with more than a dozen followers, chatted and laughed all the way through the trading hall, attracting the attention of countless people again.
People who used to regard them as fools now have become envious and admired these mainland bosses who have the goods in their stomachs. They are definitely financial experts, not those stupid patriots.
Song Weiyang smiled and waved to everyone: "I won't come in the afternoon. Everyone will continue to go long. Listen to me. Whoever is losing money today will come to Taurus Capital to come to me with the certificate. I will double the compensation for how much you lose!"
"Song Sheng, how do you know that the Hang Seng Index is going to rise today?" a retail investor couldn't help asking.
Song Weiyang said awesomely: "I don't know the rise and fall of the Hang Seng Index. I only know that I have never lost money when I trade stocks and futures. Since I am here, the Hang Seng Index will have to rise even if it doesn't rise. I must give me face!"
Chen Tao followed suit and said in Mandarin: "Boss Song has a nickname called 'Stock God'. Have you never heard of it?"
At the moment of opening in the afternoon, the Hang Seng Index rose sharply again, and more retail investors joined in. The rise in the morning was so gratifying. International speculators couldn't even hold back, so they simply stopped. Anyway, they were not in a hurry.
On that day, the Hang Seng Index rebounded close to 600 points, an increase of more than 8%.
Why is it said that today is the zodiac auspicious day specially selected by the Hong Kong government?
Because the next two days are weekends, neither the futures exchange nor the Stock Exchange will open. On Monday, the market will be closed on the day of the benzene surrender every year. This is the practice of the Hong Kong City securities trading market.
Moreover, since August 15th is Saturday, the closing date has been moved to Monday, which is equivalent to a three-day closing date.
If international speculators want to fight back, they have to wait for three days.
The Hong Kong government’s plan is to delay time until the stock index futures settlement day at the end of the month, and then allocate more funds to confuse Soros. Every time a day is delayed, the Hong Kong government can save a lot of money and the financial pressure is much smaller.
By Monday, global stock markets plummeted.
Under normal circumstances, Hong Kong stocks will also be affected, and the global stock market will plummet. Fortunately, we will rest today and celebrate the day of surrender of the Japanese and Berol World War II, which is very thrilling to avoid global stock market fluctuations.
By Tuesday, the futures exchanges and the Stock Exchange in Hong Kong City started again, coincided with the recovery of global stock markets, and the stock market and the Hang Seng Index rose.
No matter how awesome the international speculators led by Soros are unwilling to operate against the trend, they can only watch the Hang Seng Index continue to rise, which is delayed by the Hong Kong government for two days.
On Thursday, international speculators began to fight back. But no matter how many short orders they sell, the Hong Kong government will take full advantage, allowing the Hang Seng Index to maintain a steady upward trend.
It was delayed until August 25th, and Soros and his friends had no choice but to give up. They felt that they could not win the futures war in August, so they chose to close some contracts and shorted the September contracts in a large number.
This means that Soros admitted defeat in August and wanted to fight a protracted war with the Hong Kong government.
According to the calculations of international speculators, the Hong Kong government has basically taken time out the funds during these waves of operations in August. As long as we grit our teeth and persevere, the Hong Kong government can admit defeat in September. If it really doesn't work, it will definitely win in October.
But Soros soon felt something was wrong. He closed some of his position, and the Hong Kong government took advantage of the victory and continued to spend money inside, pushing the settlement price in September to be more than 600 points higher than in August.
This is unbearable. If Soros admits defeat in August, he will suffer a lot.
As a result, Soros was forced to fight in a decisive battle ahead of schedule by the Hong Kong government. On August 27, international speculators led by Soros went all out to suppress the Hang Seng Index, but the Hong Kong government was like printing the US dollar every day, and no matter how many short orders were, they would be accepted.
Soros was not surprised but happy. He believed that the Hong Kong government was desperate and had already taken time out of funds on this day. After all, the Hong Kong government only had so much money and could not be transformed out of thin air. As long as he tried harder, the Hong Kong government would surrender 100%.
By this time, they still didn't believe that the Chinese government had intervened.
Chapter completed!