"Mr. Zhou Ming is very sorry. I ended up using the method of raising short-term interest rates, and I also raised it very high all of a sudden. You should have made the decision."

Wen Zhiwei finished the press conference and returned to the office hall, and came directly to Zhou Ming to apologize to Zhou Ming.

Zhou Ming certainly understood what Wen Zhiwei meant, and waved his hand to him and said, "You don't need to apologize to me on this issue. After all, you are the president of the Hong Kong City Financial Management Bureau. You have more experience in macro-control than me. As for the interest rate issue... you are not only trying to combat speculation, but more importantly, throw them a piece of meat so that they can stop the impact, right? Just like you have always done."

Wen Zhiwei was very surprised. He didn't expect that Zhou Ming could see through his purpose at a glance. You should know that the media always called him "Wen Yizhi" and "the person who turned Hong Kong City into a world cash machine."

Zhou Ming deliberately glared at him and said, "If you confuse me with those media, I will be angry!"

Wen Zhiwei apologized to Zhou Ming again. Compared to the formality he had come in before, Wen Zhiwei was sincere this time.

In fact, Zhou Ming also understood Wen Zhiwei's idea, raising interest rates, especially large-scale raising of short-term interest rates, just like chemotherapy, suppressing speculation and increasing market panic. Therefore, after raising short-term interest rates, the stock market is likely to fall further as market activities decrease.

Everyone can understand this problem. So how could Wen Zhiwei, as the president of the HKMA, not understand?

Even though he understands, he still has to do this, not only because this is the most suitable means when the HKMA does not intervene in the market and ensures the free market in the Hong Kong city; but also because he understands that no matter what negative impact it will bring, suppressing economic activities is suppressing it. Although it may lead to some problems such as further declines in the stock market or heavy bleeding in housing prices in the future, it is only temporary.

Generally, at this stage, international investors will reap the harvest and leave. This is not that international capital is ruthless, but that they are already making profits. Now that your economic activities are suppressed, the cost of speculation has increased greatly, they do not have much to fight to the death.

Well, even if these international capitals are unwilling to leave, they will stop selling shorts at this time, because as the same sentence, economic activities are suppressed, and the benefits of continuing to sell shorts are not proportional to their efforts; then once the other party stops, Wen Zhiwei can take this opportunity to consolidate his position, release a few new news, and continue to increase the cost of speculation, even if he can overcome this crisis.

Simply put, even though Wen Zhiwei knew that doing this was bloodletting, he still had to do this. It was a way to lose his car to protect his handsome guy.

"But this time I think you might miscalculate it." Zhou Ming said to him.

Wen Zhiwei looked puzzled: "Mr. Zhou Ming, do you think your opponent will continue to fight to the death? But the efforts and returns are not proportional to the current situation. They have no reason to fight to the death."

"Of course there is, and it's very sufficient. It seems that you have forgotten Mr. Wen. Now we are fighting a financial defense battle, which is not the small scenes of speculation making money in the past."

Zhou Ming said to Wen Zhiwei: "Average thieves can rob as much as they can, and they will run away if they resist a little, but the truly vicious bandits will choose to kill all their families because he knows that they will kill all the people first, and he will do the things here.

If you can grab it casually, this is the winner taking all."

Wen Zhiwei took a breath. He, who had always been very confident in finance, suddenly became panicked.

"No... it won't be like this. Maybe they don't have the vision and courage of Mr. Zhou Ming," said Wen Zhiwei.

"I hope they don't, too, but... let's continue watching." Zhou Ming said.

Zhou Ming said it was ambiguous, but in fact, Zhou Ming was quite confident in his heart, because Zhou Ming clearly remembered that in his previous life, Wen Zhiwei once raised the overnight rebate in Port City to a super high level of 300%, which shocked the whole world. But even so, he still failed to stop the international financial tycoons such as Joros and the international financial tycoons to continue attacking. Now it is only 170%? Where is this?

Facts have proved that Zhou Ming is right, and what should come will always come.

When the Hong Kong City stock market reopened at 2 pm, the entire stock market continued to fall without any surprises. Even the entertainment tabloids, which had the least financial knowledge, understood this. However, what made Wen Zhiwei nervous was the decline in the afternoon.

Logically speaking, since the afternoon is not a traditional trading-intensive period, if Wen Zhiwei's method is effective, even if the market panic is further aggravated, the decline in the stock market should be eased, but the actual situation is comparable to that in the morning, and the Hong Kong stock index fell by more than 300 points in an hour.

"Mr. Zhou Ming, you are right. They really didn't leave. They are really still continuing to attack. What should we do?"

Wen Zhiwei asked Zhou Ming, but he then muttered to himself: "Maybe we should continue to raise interest rates, but they are obviously ready to fight to the end. Is this really useful? Or maybe we should think of other solutions, such as promulgating some policies specifically for speculative behavior..."

Wen Zhiwei was really panicked at this time because it was completely different from what he had seen before, making him wonder what to do.

Zhou Ming shook his head, stood up and pressed Wen Zhiwei's shoulder with both hands to let him sit down first, and then brought him a cup of ice water with a lot of ice cubes. Wen Zhiwei took it unconsciously, opened his mouth and took a sip, and suddenly felt a chill.

Wen Zhiwei stared at Zhou Ming with wide eyes, not understanding what Zhou Ming meant.

Zhou Ming sat leisurely across the street: "Have you calmed down now? Instead of thinking about the useless one, it is better to think more about the other party's fundamental purpose."

Wen Zhiwei was even more confused. The other party’s purpose? Is it necessary to think about it? It must be to further attack the Hong Kong City stock market. He was very puzzled how Zhou Ming asked such an obvious question.

"Of course I know the other party is trying to further attack the stock market." Zhou Ming raised his own question, "But how much do you think the other party is going to hit?"

Wen Zhiwei was stunned for a moment. Yes, everyone knows that these foreign financial tycoons are making profits in the Hong Kong stock market. They even want to win all according to what Zhou Ming said, but they can't answer what step they want to do.

Zhou Ming then revealed the answer: "Hong Kong stock index is below 6,000 points."

Zhou Ming told Wen Zhiwei that according to the model of these international investors in Southeast Asia, they must have placed a large number of short orders in Hong Kong City. For every short order, they can earn 50 Hong Kong dollars for every short order. They must make at least make the Hong Kong stock index below 6,000 points before they can make money.

Of course, this 'will be profitable' is just a mosquito leg meat. Now they

A winner's appetite is far from satisfying.

Not to mention that it is calculated based on the current Hong Kong dollar exchange rate. If the Hong Kong dollar exchange rate falls in the future, it may be possible to guarantee the capital or even lose money; so in order to ensure their own profits, they must at least press the Hong Kong stock index below 4,000 points.

"Four thousand points? Mr. Zhou Ming, aren't you kidding?" Wen Zhiwei subconsciously swallowed, because this number was too exaggerated. If it really fell so terrifyingly, Wen Zhiwei would not resign at that time. I am afraid that he would even commit suicide by studying the island country.

Wen Zhiwei's eyes looked at Zhou Ming were even more incredible. Although he himself knew the speculative model of these international investors in Malaysia and the Philippines, and he also knew that they would find ways to make profits through stock index futures, he never calculated the connection between futures and the stock market.

This is not because Wen Zhiwei didn’t expect this, but because he knew that this was a matter that required a huge amount of calculations, but he didn’t expect that Zhou Ming would come out without saying a word?

Wen Zhiwei felt extremely moved when he thought of this: "It is really my greatest honor to have the opportunity to work under your command of Mr. Zhou Ming in my life!"

"I thought that as the President of the HKMA, I had been dealing with the financial economy for a lifetime and had a good understanding of the economy, but compared to Mr. Zhou Ming, I feel that my level is still too low!" Wen Zhiwei continued, "I didn't organize people to calculate the profits of stock index futures from the beginning. In the end, Mr. Zhou Ming, you have to calculate it yourself. I feel ashamed in front of you. I can't imagine how I had the face to have any opinions about you as the commander of the Hong Kong City Financial Defense War."

"When I was busy trying to solve the current problem, I also complained to Mr. Zhou Ming, thinking that Mr. Zhou Ming, you are still not as good as me. Now I think about it, I am so stupid and naive!" Wen Zhiwei was very upset about himself, "It turns out that Mr. Zhou Ming, you can't handle it, but you have more important things to do. I only see the current problem, but you see the future!"

Zhou Ming:???...

Zhou Ming felt speechless, with a conscience in heaven and earth. Zhou Ming really didn't expect that his words would suddenly lead to Wen Zhiwei's feelings.

The reason why Zhou Ming knew that the goal of those international investors was 4,000 points was not the result of a large amount of calculations, but the information of his previous life. Zhou Ming said it casually based on the current situation, and he a little forgot about the economic model and a large amount of calculations needed to be established behind this data.

As for the present and future... Zhou Ming was even more ashamed, because he had never joined the real central bank in his life. He didn't know what the central bank operated, so he really didn't dare to speak casually!

You think of the second floor, you think I think of the fifth floor, but in fact I am really only on the first floor!

Mistakes! So this person is too good and this is a little trouble. You have to carefully consider anything before you can say it. Otherwise, some opinions that you think are used to will become shocking when you hear them.

That won't work, I still want to make a fortune in silence.

Zhou Ming thought of this and said to Wen Zhiwei: "Don't talk about these things anymore. Now that we know the other party's plans, we should also plan our countermeasures. We can't really let the stock market fall to 4,000 points."
Chapter completed!