The Hang Seng Index fell sharply. Yesterday it could be said that it was the result of the bank's interest rate hike, but today it fell inexplicably.
Some speculators were excited and thought it would fall first and then rise like yesterday, so they entered the market to cover their positions.
The funds for short selling seemed to be endless. No matter how many buy orders there were in the market, they were all wiped out.
Faced with this situation, retail investors want to cover their positions, and big funds will selectively sell when they realize that something is wrong.
This also caused more and more funds to flow out of the entire market like a snowball. The net outflow of funds in just one morning was as high as 70 billion Hong Kong dollars.
After hearing the news, Zheng Yaoyang has been observing the market conditions since the opening of the market, and at the same time asked his subordinates to investigate the situation.
Just before noon, Wade and Rogers brought news that they could not find the source of funds for the sell-off.
"Can't find it?"
Zheng Yaoyang touched his chin and fell into deep thought. In the morning, the net outflow of funds from the entire market reached HK$70 billion.
Although there are many selling following the trend, the main short-selling funds must account for at least 10%.
HK$7 billion is obviously not a small amount, and it is impossible for it to sneak into the Hong Kong stock market without warning.
Zheng Yaoyang suddenly made a bold guess: "Could it be HSBC selling shares?"
Wade was stunned: "No way!"
They put all their efforts into contracting the IPO just to obtain cheap chips and enter the Hang Seng Index.
HSBC is selling its shares at this time, and it seems that it is collaborating with them internally and externally.
Stephen has seen that typical Wall Street investment geniuses would not make such outrageous decisions.
"If it weren't for HSBC, who would have such strong strength? And hold so many shares without any warning?"
Facing several questions from Zheng Yaoyang, Wade hesitated to speak and didn't know how to explain.
Because what Zheng Yaoyang said is right, Xiangjiang can now use such a large amount of funds quietly.
For now, only three companies have this strength, namely HSBC, Standard Chartered and Bank of China.
HSBC and Standard Chartered are two banks that wear the same pants, and Bank of China is the reserve of the Hong Kong Central Bank in the future. I only see them collecting money on weekdays, but I never see them selling.
Wade couldn't help but ask: "Why did they do this? Don't they know the consequences of doing this?"
The Hang Seng Index plummeted, and HSBC should have known that they would not take the opportunity to hunt for dips.
Zheng Yaoyang's intention is very clear. Promoting the listing of Xiaobawang is just a process, not the result they want.
They want to enter the Hang Seng Index and enter with cheap chips. This is the ultimate goal of all actions.
By doing this, HSBC will be able to directly achieve their ultimate goal. It will not matter whether the listing of Xiaobawang goes smoothly on the 9th of next month.
Rogers, who was silent on the side, suddenly said: "Maybe they think BOSS's failure is more important than Fuxing's gaining a foothold in the Hang Seng Index."
It only took Zheng Yaoyang three years to go from a prodigal son to the richest man in Asia. Even though HSBC is a century-old foreign bank, it will still feel scared when faced with a freak like Zheng Yaoyang.
Perhaps in the eyes of HSBC, Fuxing Bank is far more important than Zheng Yaoyang, and they need to let Zheng Yaoyang taste failure and shatter his unbeaten golden body.
The listing of Xiaobawang is the best example. A mainland company that was previously unknown in Hong Kong has now frozen more than 20 times its IPO roadshow funds, creating the highest subscription ratio since the opening of Hong Kong.
The promotion of Xiaobawang reading machines may have an effect, but in fact it is not that important. The main reason is because Zheng Yaoyang is the company's largest individual shareholder.
As the executor of the project, Rogers could deeply understand the horror of Zheng Yaoyang's influence in Hong Kong during the implementation of the plan.
HSBC may be aware of this. The source of everything is Zheng Yaoyang. As long as Zheng Yaoyang remains undefeated, there will be a steady stream of bullies emerging in the future.
Even if they lose an arm, they must seize this opportunity and crush Zheng Yaoyang's undefeated golden body in one fell swoop.
Once a god becomes a mortal, there is nothing to worry about. Even if it allows Fu Hing Bank to gain a foothold in Hong Kong, it will still be just a start-up banking enterprise.
"Jim's right."
Wade pondered for a while and agreed with this statement.
"Are you flattering me?"
Zheng Yaoyang laughed in surprise, not feeling that he was as important as they thought.
"Conan Doyle said that if you eliminate all impossibilities, the remaining impossibilities will be the truth."
"And BOSS, you do have the strength and luck to scare HSBC."
Wade and Rogers looked at each other and both agreed with this statement. Because they were both witnesses of Zheng Yaoyang's legendary deeds. They were short on Tokyo and long on oil.
Every time, I intervene at the most appropriate time and cash out at the most appropriate time.
In the past three years, Zheng Yaoyang has been dancing on the edge of a knife with every step he takes. If he is not careful, he will fall into the abyss.
He always escapes unscathed. Facing such a freak, it is normal for HSBC to be afraid.
"Since they do this, let's not waste their kindness."
The corners of Zheng Yaoyang's mouth raised slightly, because both Wade and Rogers were very typical Wall Street investment managers.
The most striking characteristic of people like them is that they will not flatter their leaders, because they consider themselves partners of the company, not ordinary subordinates.
Therefore, Zheng Yaoyang felt particularly comfortable listening to these heartfelt compliments coming from their mouths.
"Hold still and wait for my news."
In the afternoon, Zheng Yaoyang came to Barings Bank, met his old friend Nicks, and told him about the plans and arrangements.
HSBC holds too many chips, and the guarantee will not be less than 30 billion US dollars, and it may be more.
Relying solely on Fuxing Bank cannot afford such a huge bargaining chip. He needs help from other banks.
Zheng Yaoyang's tone was full of temptation: "Are you satisfied just by establishing a firm foothold in Xiangjiang?"
"Tokyo's five trillion dollar market currently only has over two trillion dollars left, and it will be difficult to return to the past."
"Where do you think the more than 2 trillion yuan that fled will go? Seoul, Singapore, or Xiangjiang?"
"This is a rare and good opportunity. We at Fuxing will not miss it, and I don't want Barings to miss it either."
HSBC has Standard Chartered as its younger brother. Fu Hing Bank also needs a younger brother. Barings Bank can play this role very well.
When they were able to successfully enter Hong Kong, they also offended HSBC by taking advantage of the listing of Universal Group.
The two sides cannot become allies, but Fuxing is different. With Zheng Yaoyang's presence, they are natural allies.
Nicks was silent for a long time, feeling a little moved: "Mr. Zheng, I can't give you an answer now. Please give me a few days to think about it."
Whether in Hong Kong or London, Bahrain is a medium-sized bank and cannot compete with HSBC.
They don't have the guts to directly declare war on HSBC, but that doesn't mean they don't have the guts to take advantage of the situation.
Once Zheng Yaoyang is promised that the minimum amount of funds used will not be less than 5 billion, they need to carefully calculate the gains and losses.
"It's understandable, I can wait, but the market can't wait too long. I hope you can respond as soon as possible."
After Zheng Yaoyang finished speaking, he didn't stay long.
The longer it drags on, the more desperate the market will become, and the harder it will be to recover. Emotional recovery takes time, so they can't wait too long.
After leaving Bahrain Bank, Zheng Yaoyang went to the Bank of China Building and met President Wu who was stationed in Hong Kong.
The two have met several times because the Woodpecker Fund's headquarters is on the eighth floor of the China Film Building.
When funds go overseas, they also use Bank of China's channels, allowing them to earn a sum of channel fees for going overseas.
Upon learning of Zheng Yaoyang's intention, President Wu almost did not hesitate at all and quickly said that it was no problem, he just needed to tell them before taking action.
Since China and Britain started negotiations in 1982, Bank of China also entered the Hong Kong market in that year.
They came with a mission, and their main purpose was to replace HSBC's position in Hong Kong and make all preparations for Hong Kong's return and become the central bank.
In recent years, they have actively invested in Hong Kong stocks, basically only getting in but not getting out, which coincides with Zheng Yaoyang's idea.
Moreover, HSBC has Standard Chartered to assist, and Bank of China also needs to find a helper in Hong Kong. Fuxing Bank should be able to fill this role well.
Two days later, Zheng Yaoyang received news from Balinix that they agreed to purchase stocks in the market, but would not come forward, let alone reveal their existence.
They just want to make money and take root more deeply in Hong Kong, but they are afraid of offending HSBC, and even more afraid of offending their British empire.
Zheng Yaoyang was an enemy of HSBC, and in a sense he was an enemy of Great Britain. During World War II, their behavior could be called a traitor to the British.
Zheng Yaoyang hurriedly said that there was no problem. As long as the plan was completed, they would declare to the outside world that the whole thing was entirely done by Fuxing and had nothing to do with outsiders.
Because the Knicks' proposal played into Zheng Yaoyang's plan, Bahrain and Bank of China secretly assisted him.
Fuxing Bank can completely show weakness and wait for the day when the little overlord goes public, and then fight back.