"The stock market is no longer in its infancy. The enemy holds hundreds of billions of Hong Kong dollars. What do you think they can do?"

Xia Yu curled a sneer on his lips and said lightly.

Is it impossible to break the bank's capital chain? Because in order to keep the short sellers confidential, funds are all taken by several special bank channels. Not to mention Hong Kong banks, even banks such as HSBC and Standard Chartered have not posted accounts.

So it is completely nonsense to try to collapse Xia Yu's bank capital chain.

Then all you can do is the foreign exchange market!

Wang Qi understood at a glance, and his face suddenly became solemn, and he said in surprise: "Chairman, is the enemy trying to attack the Hong Kong exchange rate system? Do you want to destroy the Hong Kong dollar foreign exchange system?"

Xia Yu nodded slightly: "This is the only possibility."

"The foreign exchange reserves of the Hong Kong Government Financial Authority will update the data regularly. Although they will not be made public, this data cannot be concealed."

"It's normal for the enemy to have this idea."

Wang Qi nodded and suggested: "Chairman, with the enemy's huge amount of funds, the Hong Kong Financial Administration will not last long. Do we have to pass the Banking Association as soon as possible and convene the heads of various banks to meet as soon as possible.

Raise foreign exchange?”

"Or let the Monetary Authority come forward?"

"Lingling..."

Just as Xia Yu was about to speak, the phone on the desktop suddenly rang in a hurry.

He paused and picked up the receiver: "Hey..."

"Click!"

After a brief moment, Xia Yu hung up the phone. He looked at Wang Qi and said with a faint smile: "Zhou Shanwen called, he will come later."

"The enemy is taking action on the foreign exchange market."

Wang Qi was stunned and showed emotion on his face. Sure enough, the chairman was right again.

Wang Qi is also familiar with Zhou Shanwen mentioned in Xia Yu's speech. He has had many dealings and knows that he is his own person.

Zhou Shanwen was originally the head of the Financial Management Section under the Hong Kong Finance Department, but in 1983, the Financial Management Section merged many other departments including the Banking Supervision Office and reorganized into the Financial Management Bureau, Zhou Shanwen served as the director.

.

The Financial Administration can be said to be the most authoritative institution in the financial field of Hong Kong. In addition to not having the right to issue Hong Kong dollars, it has all the authority of the central bank.

It includes maintaining monetary stability within the structure of the exchange rate system, promoting the stability and soundness of the financial system, including the banking system, and assisting in consolidation of Hong Kong's position as an international financial center, including maintaining and developing Hong Kong's financial infrastructure, managing foreign exchange funds and other functions.

Not long after, Zhou Shanwen rushed to Xia Yu's office.

Seeing that Wang Qi was also there, Zhou Shanwen, who had just entered the door, was slightly stunned, then greeted Xia Yu respectfully, and accompanied Wang Qi.

"Mr. Xia, Mr. Wang, good morning!"

"There are some traffic jams on the road, which makes you wait for a long time. I'm sorry."

"fine."

"Shanwen, sit down."

Xia Yu smiled and shook his head, Zhou Shanwen sat down after thanking him.

After sitting down, Zhou Shanwen took a few deep breaths, and then said, "Mr. Xia, I will report to you. This morning, the Foreign Exchange Fund Management Office in the bureau reported the emergency to me. Major licensed brokers and banks in Xiangjiang have given me the

Our bureau applied to exchange US dollars..”

"Because the amount is amazing, the US dollar applied for exchange is as high as 5.2 billion, so I asked someone to ask about it and found that this was a premeditated action."

"Because the US dollar foreign exchange managed by our bureau is only 11.78 billion US dollars, I am asking the lower ones to exchange and drag it down..."

After reporting in one breath, Zhou Shanwen was shocked to find that Xia Yu was not surprised at all, but instead had an inexplicable smile on his face.

"this……"

Seeing Zhou Shanwen's shocked look, Wang Qi explained with a smile: "Director Zhou, the chairman had already guessed it before you called, and the enemy's funds amounted to hundreds of billions of Hong Kong dollars. Now you have counted it here.

The exchange rate of US$5.2 billion is just the beginning.”

Zhou Shanwen's eyes widened and he was shocked: "How many hundreds of billions of Hong Kong dollars are there?"

"If you exchange all US dollars, it will cost at least 50 or 60 billion yuan. With the energy of the Monetary Authority, you can't do it at all!"

How did the Monetary Authority’s foreign exchange come from?

It is by buying from the market!

And buying requires a large amount of funds, where does this fund come from?

Although the enemy has a large amount of Hong Kong dollars in his hand, these Hong Kong dollars must be traded before they can be handed to the Monetary Authority. Then the Foreign Exchange Management Office of the Monetary Authority will use the money to buy US dollars.

This process takes a long time!

The most important thing is that once you buy a large amount of US dollar in the short term, it will definitely lead to a rise in the offshore Hong Kong dollar exchange rate against the US dollar.

In this way, the more foreign exchange you buy, the greater the loss of the Monetary Authority, because no matter how much you spend, if the Monetary Authority wants to maintain a fixed exchange rate in Hong Kong, it must be HK$6.1 against 1 USD.

The proportion of exchanges to licensed institutions.

If the enemy's energy is large enough, it can completely block the Xiangjiang Financial Administration from the source and try every means to make the Xiangjiang Financial Administration rich and unable to buy the US dollar. Then, as time goes by, the Xiangjiang's contact exchange rate system will naturally collapse.

If the official prices are not good, the black market will naturally prevail, which cannot be stopped.

"Mr. Xia, what should I do?"

Zhou Shanwen hurriedly looked at Xia Yu. At this time, the only person who is capable of solving this possible crisis is his boss.

Xia Yu took a sip of tea and said slowly: "I'll give you a reassurance. You can definitely buy the US dollar. As long as you hand over the Hong Kong dollar to Jiuding Bank, no matter how much US dollar you have, you can buy it for you.

”

If someone else said this, Zhou Shanwen would definitely sneer, but he believed this from Xia Yu's mouth!

Even if this involves at least 50 or 60 billion US dollars!

"Mr. Xia, I will feel completely relieved if you say this." Zhou Shanwen breathed a sigh of relief and said with a smile.

But Xia Yu shook his head, causing the smile on Zhou Shanwen's face to froze instantly.

He asked carefully: "Mr. Xia, is there any problem?"

"Dong!Dong!"

Xia Yu tapped the table with his finger and said lightly: "The problem is not with me, but with you!"

"You should also buy the US dollar with all your might while stabilizing the exchange rate, use war instead of training, and improve your ability to deal with crises."

“Not only that.”

"The enemy will definitely try every means to create negative public opinion, so you must stand up and show your strong skills to show confidence and determination. You cannot let the enemy take power. Do you understand?"

"Otherwise it will cause panic and cause people to think about exchanging US dollars to maintain their value. That is not the problem of 50 or 60 billion US dollars in foreign exchange can be solved!"

This scene appeared in Zhou Shanwen's mind. He was chilling and said solemnly: "Mr. Xia, please rest assured. I will follow your instructions and stand up and fight these enemies to the end!"

A look of satisfaction flashed in Xia Yu's eyes, and he nodded slightly and said, "Crisis, crisis brings opportunities in danger!"

"In my opinion, this crisis is an excellent opportunity. As long as this crisis is successfully resolved, the prestige of the Monetary Authority will be completely established and the people of Xiangjiang will be more confident."

"At the same time, it will also play a cornerstone role in Xiangjiang's strategy to become an international financial center."

Zhou Shanwen sat up straight, focused his head, and replied loudly: "I understand, I will definitely not let you down!"

Xia Yu nodded with a smile and said again: "I will teach you some more things..."

After reminding Zhou Shanwen again and answering all his questions, Zhou Shanwen left with brisk steps.

After Wang Qi knew about the deployment, his mind became active, and he was preparing to have fun with the bears on the Hang Seng Index Futures, and then scrape a layer of oil from the enemy.

It was not as Xia Yu expected.

The enemy deliberately spread news to create market panic. By the afternoon, the news that the Xiangjiang Financial Administration's foreign exchange reserves encountered a crisis spread in the financial circle.

For a time, major institutions held high-level meetings in a hurry to analyze the current situation.
Chapter completed!