No matter how much interference from the outside world, the stock market has always been in a bull market. On Monday, we received good news about the government's development of the new town of Fen Shui in the past two days, plus the new Hung Hom to Fen Shui subway, and the Lee Group's presence there.
A number of investments in Hong Kong will start construction next month. The construction sector of the Hong Kong stock market has surged again, and the market value of many construction-related companies has increased significantly.
In the afternoon of that day, Sun Jianping came to Li Guangyu's office and reported to Li Guangyu on the stock market situation.
After sitting down, Sun Jianping said aloud: "Li Sheng, the Hong Kong Hang Seng Index has exceeded 3,600 points, and the total market value has also exceeded the 1,200 billion Hong Kong dollar mark, which is a sharp increase of 200 billion from more than two months ago.
Our investment team believes that the total market value of Hong Kong dollars is extremely abnormal. Our Hong Kong stock market has a trend of developing towards the Japanese stock market.
And during this period, not only our Hong Kong stock market, but also the Baodao stock market and the Singapore stock market have been booming. Even the conservative Korean stock market has soared rapidly due to the influence of Asian stock markets."
The total market value has skyrocketed by HK$200 billion in just over two months. Such an increase is already on par with the Japanese stock market, which is quite abnormal for the current Hong Kong stock market.
Li Guangyu knew that due to his growing influence, many memories from his previous life could no longer be used. Technology was still relatively good, but economics, politics, the stock market, etc. all needed to be looked at from a new perspective, as these had become unknown.
Xiangjiang's economic development is pretty good, and it is normal for the stock market to rise a little, but it has soared so much in a short period of time. It is simply impossible to say that there is no force behind it.
As the stock market skyrocketed, Li Guangyu was worried that some people in Xiangjiang had healed their scars and forgot about the pain, and entered the property market again. In that case, Xiangjiang was likely to follow the same path as Japan, and then collapse like Japan's economy.
Moreover, Li Guangyu has no way to suppress the current situation. It's okay to ask him to rescue the market. But he doesn't have much to do to prevent the Hong Kong stock market from skyrocketing.
If Li Guangyu takes action to suppress the stock market, I am afraid that hot money will be happy to see the results. Then they will have more chips to attack the Hong Kong stock market, and Li Guangyu will also offend countless shareholders of listed companies.
This can only be done by the Hong Kong government. Only by launching a series of policies can the current situation be controlled.
Li Guangyu said: "Jianping, in my estimation, the group of capital from last year has made a comeback. The other party's goal is very clear, which is to severely damage the economies of Japan and the Four Asian Tigers, so that our Asian capital will have no impact on them.
Threats, your investment department must actively respond to them."
Li Guangyu and the others are not afraid of the total market value of the Xiangjiang stock market now, but if the Xiangjiang stock market continues to rise like this, there will be trouble. The greater the total market value, the more funds they need to cover the bottom line, and their Li's consortium also has a fund.
There is an upper limit. Once the upper limit is exceeded, it will be difficult for them to save the market.
Sun Jianping also knows that behind the surge in Asian stock markets there must be a large amount of hot money, and a large part of this comes from Wall Street. He is also very clear about the purpose of the other party. The purpose of the other party last year was not achieved, and the economic development of Asia has not been affected too much.
Big impact.
On the contrary, the U.S. market, affected by last year's stock market crash, has not yet emerged from economic weakness. Its domestic consumer market is very sluggish, and its economic development has been greatly affected.
The other party obviously did not want to see Japan's economy surpass theirs, so they were prepared to rely on financial means to attack Japan again. However, they did not expect that the other party's target was not only Japan, but now even the Four Tigers were ready to kill them together.
Sun Jianping said: "Li Sheng, I'm afraid we can only deal with it passively at the moment. The only thing we can do now is to follow up ourselves and reserve a lot of cash to cope with the possible crisis in the stock market."
At present, Tianyu Investment Company does not have much cash on hand, and has invested 5 billion US dollars in London gold futures and shorted it 10 times.
With a current market value of more than 18.5 billion U.S. dollars in shares, this does not include the shares of Cheung Kong, Hutchison Whampoa, Zhao Kee, Sun Hung Kai, and other Lee Group Allied Groups. These 26.5 billion U.S. dollars of shares can be sold. These shares are mainly from Japan.
Shares of the stock market and Southeast Asian stock markets.
In addition, they have less than US$2 billion in cash, which is simply not enough to cope with the coming crisis.
For nearly a year, they no longer calculated the profits from the appreciation of London gold and the Japanese yen. Only the shares acquired during the bailout last year not only earned back the original loss of 6.5 billion US dollars, but also earned 5.5 billion.
U.S. dollars, this adds up to 12 billion U.S. dollars.
Last year, Li Guangyu spent 21 billion U.S. dollars to rescue the market. Due to the rogue people on Wall Street, when the stock market stabilized, the market value of his 21 billion U.S. dollars fell by 14.5 billion U.S. dollars, and the loss reached a huge 6.5 billion U.S. dollars.
Nearly a year has passed, and stock markets in many places have recovered. The Nikkei Index of Japan's stock market has already surpassed its peak last year, which has also caused Li Guangyu's shares to continue to appreciate in value.
At present, Li Guangyu has no plan to release these shares. He will wait until next year to decide the timing and ensure that the positions are cleared in advance before the Wall Street people take action.
Li Guangyu doesn't have much money here, especially this time in the Shanghai stock market. Li Guangyu injected 5 billion US dollars into Tianjiao Real Estate Group, plus investment in Wheelock Group, Xiangjiang Petrochemical Group, Xuelan Supermarket, and Tianyu Investment Company.
Waiting for capital injection, he currently has less than 1 billion US dollars in capital.
It is impossible for him to expand significantly this year. He doesn't have much money on hand now, and he probably won't be able to do it next year either. He needs to set aside enough funds next year to deal with possible crises.
Li Guangyu ordered: "You should pay more attention to the trends of the stock market and keep in communication with Li Fuzhao and Gu Zhenfu at any time. We may have to fight with Wall Street people again next year. You must make long-term preparations here, and you must make long-term preparations over there.
Now the usual weapon is finance, hoping to use it to destroy the economic development of various places. This will not happen once or twice. As long as we continue to maintain rapid development, the other side will not stop its actions in this regard."
This time, Li Guangyu mainly protects the Xiangjiang and Baodao markets. In the Japanese and Southeast Asian markets, Li Guangyu will remind them that if they ignore them, Li Guangyu can't help it. He himself can't take such a big handicap.
Next year, Li Guangyu will pour some cold water on the stock investors in Xiangjiang and Baodao to cool them down, try to reduce their losses, and try to keep the stocks in the hands of hot money when they are at high levels. Li Guangyu will not be afraid then.
The stock market plummeted.
Li Guangyu protects the market. He will not be stupid to protect the market from a high position. The only person who will suffer is himself, and it will not do much good for development.
He will only wait until the Hong Kong and Baodao stock markets drop to a reasonable index before he will enter the market to save the market so that the stock market will not fall to the bottom.
Sun Jianping is not afraid of those people on Wall Street. Tianyu Investment Company has the strength to compete with them, especially in Xiangjiang and Baodao.
He doesn't have much money in hand now. When next year, he takes back the funds in London Gold and sells off his shares, it is estimated that he will still have 50 billion US dollars by then, which is enough for him to cope with Wall Street attacks.
This does not include the funds prepared by Li Guangyu next year. Their cash flow will make these hot money desperate.