On November 7, 1997, foreign media suddenly collectively reported on Soros's interview. When talking about the topic of Hong Kong, Soros bluntly said that he would make his opponents pay the price.

And this so-called opponent naturally refers to Xiangjiang.

As soon as Soros spoke out, the effect was more radical than any media report. In addition, many institutions began to sell Hong Kong dollars in large quantities. It only took two or three hours for the exchange rate of the Hong Kong dollar in the foreign exchange market to fall from 7.5 to 8.

Affected by this, the Hang Seng Index also fell rapidly after the opening.

At the Hong Kong Monetary Authority, Ren Zhihe was extremely busy. The calls from his superiors came one after another, urging him to come up with countermeasures as soon as possible.

"Bureau Ren, the data on the offshore market has been sent over." Lin Bizhi said hurriedly without even knocking on the door.

Ren Zhihe quickly hung up the phone and asked, "What's the problem?"

Lin Bizhi put the data table on the table, pointed to the few lines of small words on it and said: "According to the data, these overseas institutions are collectively selling Hong Kong dollars, and more and more institutions are participating, starting at 7 a.m. It has only been three hours, but the amount of Hong Kong dollars they have sold has reached tens of billions, and the offshore market is now in chaos."

"Where did these unknown institutions get the Hong Kong dollars?" Ren Zhihe asked with a cold face.

"It should be in the hands of Soros." Lin Bizhi said and pushed out another newspaper: "And foreign media have published Soros's latest interview. It can only be described in four words, pointing to Hong Kong."

"Damn it!" Ren Zhihe pounded the table hard: "Our press conference just ended yesterday, and he did this today. Does he want to chase us?"

"I can't guess what Soros is thinking, but what is certain is that he should have raised the butcher's knife against Xiangjiang again." After Lin Bizhi finished speaking, he reminded: "Ren Bureau, we should hold a press conference as soon as possible, because This time Soros’s actions are obviously much bigger than before.”

"Go and notify the reporters and ask them to arrive at the Hong Kong Monetary Authority in an hour."

"Okay, I understand."

After Lin Bizhi left, Ren Zhihe rubbed his eyes and gritted his teeth and said: "Why did it happen so suddenly? Is Mr. Huo's advice right? Impossible. Soros once again pointed his butcher knife at the foreign exchange market. Must it be because he wants to bring us down? The foreign exchange market is definitely his main target.”

Ren Zhihe tried hard to convince himself, and finally even said bluntly: "Even if it is not the case, we must focus on the foreign exchange market."

In this way, an hour later, Ren Zhihe once again expressed his determination to deal with Soros in front of the news media, and said that corresponding countermeasures would be introduced in the evening.

At 8 o'clock that night, after meeting with several senior executives, Ren Zhihe announced that he would raise short-term loan interest rates on the 8th. This was the second interest rate increase in several months, and the intensity was unprecedented.

On the morning of November 8, when Li Siwen saw the policy issued by the Hong Kong Monetary Authority, his face was a little gloomy, even though he had expected it.

"In just one night, short-term loan interest rates have soared more than ten times. The relevant banks have already taken the lead in making adjustments before the policy was introduced. This shows that Ren Zhihe is paying more attention to Soros's siege, but he seems to only raise short-term loan interest rates." This is a coping method.”

After Li Fuzhen finished speaking, he looked at Li Siwen. There were also Tang Qiulin, Xu Weiwei and others in the office. He said, "Oppa, what do you think?"

"It's just the basic operations of the Hong Kong Monetary Authority. This is also the origin of Ren Yiyi's nickname." Li Siwen smiled coldly.

"Any move?" Everyone was stunned.

"Yes, he can only raise interest rates, so everyone calls him any move. Even if no one calls him now, someone will call him soon." After Li Siwen finished speaking, he asked: "What are the corresponding policies? No mention of stabilizing the exchange rate by buying Hong Kong dollars or other means?"

"No." Li Fuzhen shook her head.

"This Ren Zhihe can really bear it." Li Siwen paused slightly: "But he will soon suffer."

"Ouba, what should we do? Is it time to move the funds from the Red Sea Fund?" Li Fuzhen asked.

"Sister Tang, how much money does Red Sea Fund have now?" Li Siwen asked.

"One billion U.S. dollars, not counting fractions, the number of people investing in Red Sea has decreased recently. After all, the stock market has stabilized a lot." Tang Qiulin said.

"Okay." Li Siwen looked at Li Fuzhen and said: "Assign our speculators to open short positions on the Hang Seng Index futures through institutions immediately, and the speed must be fast."

Li Fuzhen was stunned for a moment, then asked: "Will all the funds be used?"

"Yes, use as many as you have."

Just as Li Siwen finished speaking, Tang Qiulin interrupted: "Mr. Li, wait a moment."

"What's wrong, Sister Tang?"

"Mr. Li, if we follow up and short the Hang Seng Index futures at this time, there will definitely be a crisis in the Hong Kong stock market. Should we do this..."

Before Tang Qiulin finished speaking, Li Siwen explained: "Sister Tang, first of all, our money may not really affect the trillion-dollar Hang Seng Index futures, and we are not the speculators behind the collapse of the Hang Seng Index.

The most important point is that the Hang Seng Index will inevitably collapse. Even if I invest more than 10 billion to buy up, it will not have any effect. In this case, it is better to make some money from it, so that I can have capital and Soros. fight."

After Li Siwen finished speaking, he glanced at Li Fuzhen, who understood and left directly.

Li Siwen continued to explain to Tang Qiulin: "Actually, I had expected that the stock market would collapse, but do you know why I held more than 10 billion US dollars and did not take action?

Because I am giving the Hong Kong Monetary Authority a chance and waiting for Ren Zhihe to wake up. I hope he can change his focus and focus on the stock market.

It's a pity that he was completely unaware of this problem and adopted a more aggressive interest rate policy. Under this situation, I couldn't help him even if I wanted to.

Therefore, we cannot rely on Soros and Xiangjiang at all, and the only one we can rely on is ourselves."

When Tang Qiulin heard these words, he could only nod helplessly, and after a while he said: "Actually, in addition to being afraid of the impact on Xiangjiang, I am also more worried about your investment direction. If the stock market does not collapse, then our money..."

"Don't worry, the dam has burst, and no one can stop the torrent." Li Siwen lit a cigarette, a cold air flashed in his eyes, and said word by word: "The outcome of this multi-party competition is The battle is destined to result in rivers of blood and mountains of corpses."
Chapter completed!