Chapter 543

At the moment, Hong Kong Island is in danger! Although you can't see the smoke of gunpowder, it's killing!

In fact, since Hong Kong's return on July 1 last year, Soros's "United Legion" has already locked in Hong Kong.

At this time, Hong Kong was still immersed in the joy and excitement of just returning to the motherland, and did not realize the approaching crisis.

As the world's fourth largest financial center, the sixth largest foreign exchange market and the second largest stock exchange market in Asia, Hong Kong's major banks and other depository institutions had nearly US $trillion in overseas assets, accounting for 8% of the world.

The Hang Seng Index, the "barometer" of Hong Kong stock market, is advancing all the way.

On August 14, 1997, the Hang Seng Index rose all the way to 16497.

In October 1997, Soros and his "joint corps" officially launched an impact on Hong Kong's financial market

Soros's manipulation of the exchange rate is very complex. On the surface, he is attacking the foreign exchange market. In fact, he wants to make money from the stock market.

On the one hand, he hoards Hong Kong dollars, pushes up Hong Kong stocks, shortens Hang Seng Index Futures, and then frantically sells Hong Kong dollars in an attempt to force Hong Kong to raise interest rates to maintain the linked exchange rate. Finally, he waits for the collapse of Hang Seng Index to earn huge profits.

On October 21 and 22, Hong Kong's Hang Seng Index fell sharply by 9% for two consecutive days, with a cumulative decline of nearly 1200 points; On the 23rd, the Hang Seng Index closed at 10426.3, down more than 10%.

After November, the Hang Seng Index fell below 10000 points, and it still vented wildly all the way

Hong Kong is facing the heaviest blow since the opening of the port. It has also ushered in a crisis moment in the history of Hong Kong's financial development. It is overcast and gloomy

It was at this time that Xiao SA and his party came to Hong Kong Island again.

They first came to the headquarters of Huitong bank in Hong Kong and began to intensively mobilize funds

Danlu wine industry made a loan of 3 billion, including a mortgage loan of 1 billion.

Fu Rao Tianxia Taiji group made a loan of 1 billion, including a mortgage loan of 500 million.

Jiajiale supermarket paid 800 million yuan, including 500 million mortgage loans.

Dream chasing group paid 2 billion yuan, including 1.2 billion mortgage loans.

Ping An security company paid 150 million yuan, including 100 million mortgage loans.

Shenzhou heavy industry, with a loan of 500 million, all mortgages.

Attentive to BMW, with a loan of 10 billion, including a mortgage loan of 3 billion.

Baifa Gas Appliance Co., Ltd. paid 2.5 billion, including 800 million mortgage loans.

Hunan, Hubei and Jiangxi natural and unrestrained motorcycle wholesale group and Tanzhou natural and unrestrained motorcycle retail group all paid 1 billion, a total of 4 billion.

Shenzhen real estate group, with a loan of 12 billion, of which only Pudong Oriental world trade building is used as a mortgage loan, with a loan of 6 billion.

Shenzhen Yuanmeng Clothing Co., Ltd. paid 1.5 billion, including 700 million mortgage loans.

Shenzhen chic tie Co., Ltd. paid 1.2 billion, including 700 million mortgage loans.

Hong Kong Yuanmeng import and Export Trading Co., Ltd. paid US $1.3 billion.

Hong Kong chic import and Export Trading Co., Ltd. paid US $1.2 billion.

A total of 38.65 billion yuan and US $2.5 billion were mobilized.

In addition:

Xiao SA made a net profit of $2.3 billion in the Southeast Asian financial storm last time.

It holds US bonds of 1 billion yuan.

It holds five U.S. stocks with a market value of nearly $1.1 billion.

Xiao SA asked Yao Tiao to convert or mortgage all the above funds into Hong Kong dollars, with a total of more than 10 million Hong Kong dollars, all of which were entered into his account at the Hong Kong stock exchange.

All your money and life are at stake!

It is time to finish all these preparations. In early August 1998, the time for a decisive battle is coming!

Because August 28, 1998 is the settlement date of the August contract of Hang Seng Index Futures.

Xu Min obviously felt something from Xiao Sa's dense fund mobilization, and hurried from Wuzhen.

Suzanne and Xiao SA jointly approved the fund-raising plan of attentive BMW. Knowing that Xiao SA was going to make a big move, she rushed over from Germany.

This time, Xiao SA rented 10 seats and 10 yellow jackets at the Hong Kong stock exchange to operate for himself. Eight of them operate stock trading and two operate futures trading, ready to fully confront Soros's "coalition corps"

On August 5, Soros "United Legion" began to bombard Hong Kong

For three consecutive days, it sold more than HK $20 billion a day.

On August 7, the Hang Seng Index fell 212 points, or 3%.

Soros's trumpeters took the opportunity to spread rumors, saying that "the Hong Kong dollar will be decoupled from the US dollar and depreciate by 40%", "the Hang Seng index will fall to 4000 points" and so on

One overseas fund even offered an option to decouple the Hong Kong linked exchange rate on August 12.

People in Hong Kong are terrified

But Xiao SA kept still and just looked at it quietly.

Under the intensive layer upon layer offensive of Soros "United Legion", at 10 a.m. on August 10, less than half an hour after the opening of the exchange, the Hang Seng Index fell below 6800. Xiao SA no longer hesitated and gave an order to fight in an all-round way

The turnover began to rise sharply at Dayton. No matter how many sales, Xiao SA closed all according to the order, but the selling was very strong. The index was still falling, but it slowed down a lot.

In only half an hour from 10:30 a.m. to 11:00 a.m., the turnover of guangxiaosa's personal account reached HK $3 billion, the Hang Seng Index fell 23 points and the stock index fell 21 points.

Xu Min, Suzanne, Fu Rao, Yao Tiao and Tang Jiaman watched, trembling and trembling one by one, but they didn't dare to take a breath!

Half an hour!

3 billion!!

oh my god!!!

However, the seller obviously didn't expect to suddenly encounter such a strong offer. In the next hour, Xiao SA remained the same. No matter how many offers were made or received according to the order, the selling firepower was not good. When the offer was stopped at 12 a.m., the turnover in Xiao Sa's personal account was only 2.3 billion, 700 million less than the first half hour. The Hang Seng Index rose 11 points and the stock index rose 9 points.

I didn't leave the Hong Kong Stock Exchange at noon. I ordered more than a dozen boxes of lunch and solved it on the spot at the Hong Kong stock exchange.

Xu Min and other women are too nervous. Where are you in the mood to eat? Xiao SA ate it with relish. He ate up his box. Seeing that there was still something left, he picked up another box and ate more than half

At the opening of trading in the afternoon, Xiao SA ordered to observe for a while. Unexpectedly, the selling of large orders suddenly and intensively started. In only 15 minutes, the Hang Seng Index fell to 6741 and another 43 points; The stock index fell to 6758, down 45 points.

The yellow jackets looked at Xiao SA and waited for his instructions. Unexpectedly, Xiao SA suddenly became silent

After nearly half an hour, the selling was pressing the market, and the Hang Seng Index fell rapidly. Seeing that it was about to fall below 6700 points, Xiao SA finally issued an instruction again: "suck! Give me how much you have!"

The ten yellow Mandarin jackets immediately moved their hands and fingers together and began to receive the plate crazily

In less than 40 minutes, Xiao sprinkled out another 7.3 billion in his personal account!

Xu Min finally couldn't help but swear: "he's so crazy!"

However, the market finally stopped its decline and fell slightly.

After a few minutes until the closing at 4 o'clock, the two sides seemed to have a tacit understanding. They all stopped, leaving only some retail investors to toss around

In just one day, Xiao sprinkle hit 12.6 billion. At the close, the Hang Seng Index fell 67 points, the stock index fell 64 points, and Xiao sprinkle's book capital evaporated nearly 300 million.

lose the first battle!