This week is the real ‘big battle’. Friday is the delivery day of the Hang Seng Index. Who wins and who loses is particularly critical!
On August 24, the Hong Kong government reorganized its strength, which was the largest scale since the market intervention. Finally, the market surged 318 points to close at 8887.
On August 25, the two sides went back and forth, and the Hang Seng Index rose slightly by 44 points to close at 8931.
The long and short sides have been fighting fiercely for 8 days, and the most tense and intense moment has still not come yet.
The Hong Kong media described it in the language of battlefield reports: "The government troops adopted a strategy of advancing in large quantities and retreating in small quantities, attacking steadily and step by step, to pursue and intercept speculators in all directions."
The implication is that the Hong Kong government launched a fierce attack on a certain trading day, causing the Hang Seng Index to rise sharply; and then started to defend, which allowed for a small retreat, but not a major defeat.
...
Wednesday, August 26, is two days away from the settlement date of the Hang Seng Index.
In the morning, Lin Zuhui came to Mr. Dong's office of the Hong Kong government. He found that the three giants of Hong Kong's "God of Wealth" were there, and knew that the Hong Kong government wanted to recruit him.
After all, although the Hang Seng Index is currently at 8,931 points, there are still three trading days (including today), and there will definitely be crazy short selling by international speculators, because they must win and be eliminated.
The Hong Kong government must also ensure that international speculators "lose money and get out" in order to end this farce once and for all.
"Lin Sheng, I invited you to come to my office today because Mr. Ren has a new idea and wants to communicate with you!" Mr. Dong seemed to be very confident at this time, changing his previous tragic attitude.
Lin Zuhui said with a smile: "I am all ears. If there is a place where I am needed, I will go through fire and water. I dare not say anything else, but I can still do it by mobilizing 50 billion Hong Kong dollars in funds! I have confidence in Hong Kong, so I have no worries at all.
.”
Everyone was shocked and immediately showed expressions of joy.
In the past few trading days, Lin Zuhui has never let the family office enter the market again, so the family office still has 20 billion Hong Kong dollars in hand, which is reserved for the final battle.
Therefore, the Hong Kong government thought that Lin Zuhui had run out of ammunition and food. Of course, they were not sure and could only make a guess.
Ren Yizhao said quickly: "With Mr. Lin's help, international speculators will definitely lose billions of Hong Kong dollars this time, and they will no longer have the confidence to attack Hong Kong."
Lin Zuhui quickly said modestly: "There there!"
Next, Ren Yizhao got down to business: "Lin Sheng, this is the case - the Hong Kong government must first know how powerful the stock market would be to compete with speculators without government troops entering the market, so that we can fight in the decisive battle in the next two days.
Then you can know yourself and the enemy."
Lin Zuhui nodded and said: "This is a good idea. Let's explore the long and short power of the market today. Anyway, there are still two days of decisive battle."
Ren Yizhao continued: "That's right! That's what we thought. We included you in the government army. Of course, it was just a metaphor. Then, at the end of the trading day, our Financial Management Bureau suddenly closed all stocks and futures.
Buy and actively sell Hang Seng Index futures. We want to see how many speculators follow suit!"
Everyone nodded after hearing this and thought this method was good.
Lin Zuhui also agreed: "Then I will stay put today and look forward to contributing my own strength tomorrow and the day after tomorrow."
Ren Yizhao nodded and said, "Thank you Lin Sheng for your cooperation!"
"It should!"
After that, the three gods of wealth left Mr. Dong's office, and Lin Zuhui continued to stay and talk to Mr. Dong.
"Lin Sheng, when this financial war is over, our government will issue the 'Second Policy Agenda', which includes 'revitalizing Hong Kong through culture', 'establishing Hong Kong through science and technology', and 'traditional Chinese medicine port'. When the time comes, please give me more
support!"
Lin Zuhui immediately said: "This is natural, I will definitely set the best example!"
Mr. Dong said with emotion: "It was originally proposed by Lin Sheng, but this time we are suspected of taking the credit!"
Lin Zuhui said seriously: "The power of an individual can never be compared with the government, but we all hope that Hong Kong will have a better tomorrow. The Hong Kong government will include these three industries in the program, and it must provide all-round support, from laws to subsidies, far away
It’s better than what my companies are trying to do.”
Mr. Dong replied: "You are being modest! Without the successful experience of Lin Sheng's companies, our Hong Kong government must have very different opinions on 'revitalizing Hong Kong through culture' and 'establishing Hong Kong through science and technology', so to speak. So.
People outside say that Mr. Lin is a legend, and I think they are right. Thank you very much for making such a big contribution to Hong Kong's economy!"
Looking at the pious expression of the Xiangjiang boss, Lin Zuhui naturally responded: "Thank you! Don't worry, Mr. Dong, once the government releases the program, my ATV Group, Media Group and other companies will immediately produce outstanding results.
It failed the government’s high expectations.”
Mr. Dong was overjoyed. He believed that Lin Zuhui would not brag and that his company would have amazing works and achievements.
"I'm so looking forward to it!"
After chatting for a while, Lin Zuhui said again: "By the way, Mr. Dong, I would like to make three more comments!"
"You say it, I will definitely listen!"
"Well, I think so. Tourism in Hong Kong has always been a pillar industry, so I have three suggestions: First, we can plan a world-famous Guinness' light show on landmark buildings on both sides of Victoria Harbor.
', allowing tourists to linger over the prosperity of Xiangjiang, thus driving the development of the entire tourism industry in Xiangjiang."
"Okay, this is a very good opinion. I will definitely ask the relevant departments to seriously adopt it!"
"Secondly, I think Hong Kong can be closer to the mainland, and I can lobby the motherland government to implement a 'free travel' for Hong Kong as soon as possible, so that Hong Kong can increase many mainland tourists. Of course, I know this is very involved, and I am not talking about it.
This is because the Hong Kong Tourism Bureau should take good care of the phenomenon of recruiting mainland tourists from the mainland. If things go on like this, this will be very bad for the image of Hong Kong’s tourism industry.”
“The local pick-up company is ripping off customers?”
Seeing that Mr. Dong had some questions, Lin Zuhui explained the details in detail.
After hearing this, Mr. Dong said angrily: "Mr. Lin's suggestion is very good. This matter is simply very serious. I will order the Legislative Council to pay attention to this issue immediately."
Lin Zuhui nodded, and then finally said: "The last suggestion is the problem of piracy. Mr. Dong should understand that whether it is the cultural industry or the technology industry, the protection of intellectual property rights is particularly important, and piracy in Hong Kong is rampant, which has seriously affected the cultural industry in Hong Kong.
The development of the industry, especially the film industry, is in a slump. If laws and regulations are not introduced to protect and rectify the situation, the cultural industry will be greatly hindered."
Mr. Dong said seriously: "Yes, I discovered this too!"
Lam Cho-fai said directly: "So, the entertainment industry will launch an 'anti-piracy' demonstration in September. I hope the Hong Kong government can pay attention to this issue!"
Mr. Dong was stunned. He was a little hesitant just now. After all, piracy involves societies and all kinds of social idlers. Strong suppression may cause social unrest. But now he understands that Lin Zuhui is not an ordinary person. If his entertainers launch an initiative demonstration, then
The entire entertainment industry in Hong Kong will follow suit, and Lam Cho-fai controls the public opinion in Hong Kong.
Therefore, he must make up his mind.
"We must pay attention to it, formulate relevant laws and strengthen governance!"
"Thank you so much!"
After chatting for a while, Lin Zuhui took the initiative to leave. After all, Mr. Dong was very busy.
That afternoon.
At 15:08, the government forces, who had been playing the role of buyers, changed their appearance, suddenly closed all stock spot and futures buying orders, and actively shorted Hang Seng Index futures, causing speculators to rush to follow suit. In just two minutes,
The Hang Seng Index plummeted by 160 points, and Hang Seng Index futures fell by nearly 300 points. At this time, the government forces suddenly turned around and entered the market again to recover lost ground, buying a large amount of stocks and futures contracts, pushing the stock index and futures index back to their original levels.
This test has caused the Hong Kong government to take a deep breath of air-conditioning. The strength of speculators cannot be underestimated. A fierce battle is imminent and is about to break out.
.......
The next day, Thursday.
In the early morning, Soros' assistant Zhuken Miller accepted an exclusive interview with a reporter from CNN. He said very confidently: "The Hong Kong government will lose!"
Zuckenmiller continued: "Our view is that no matter what the Hong Kong government wants to do in the market, they wake up next Monday morning and their economy is still in recession."
The reporter immediately asked: "Have you short-sold Hong Kong stocks?"
Zuckenmiller replied: "You can draw your own conclusions."
The conclusion is self-evident.
One morning in September 1990, Zuckenmiller woke up Soros from his dream and said excitedly: "George, you just made $958 million." This was Soros's great success in sniping the British pound.
moment.
So, what would Zuckenmiller report to Soros on the last Monday morning in August 1998?
No one dared to predict it except himself.
.......
Five hours after Zhukenmiller was interviewed by reporters, at 10 a.m. on August 27, the Hong Kong stock market opened.
Lin Zuhui sat in the trading room of the family office and personally supervised the formation. On the other side, Hengjin Investment also had a line through Times Communications and could issue orders at any time.
No less than a fierce battle!
——At the beginning, speculators’ selling orders came like an overwhelming force. In the first 15 minutes, the turnover reached HK$1.9 billion; in the second 15 minutes, the turnover was HK$1 billion; in the third
Within three 15 minutes, another HK$1.09 billion in stocks was traded.
The battle at this time is mainly concentrated on the three listed blue chip stocks with the top three market capitalizations: HSBC, New Era Group, and Heung Kong Telecommunications.
10:45 minutes.
Lin Zuhui stood up and shouted: "Buy Xiangjiang Telecom and other real estate blue-chip stocks. The target purchase amount in the morning is 5 billion!"
"Yes, boss"
"Okay, boss"
For a time, all the traders raised their voices and got busy in high spirits.
In this battle, Lin Zuhui's funds are extraordinary, so he is not fighting all the time! It is the confidence to snipe the enemy at critical moments.
.......
International speculator.
"Shit, so much money suddenly poured out again? Check for me, is it funds from the Hong Kong government?"
"Something's wrong! We're not just facing the Xiangjiang government, we're also facing a capital tycoon. Check out the sudden influx of funds there!"
At this time, international speculators discovered that something was wrong. After all, this was not a routine of the Hong Kong government. Thinking back to that day on August 14, the trading volume suddenly increased suddenly, and the trading volume for the whole day was as high as 30 billion. At that time, everyone did not notice it and thought it was
Hong Kong government funds.
But now, they finally discovered that the funds from this channel only bought heavily on the first day the Hong Kong government entered the market and at the end of this morning; the operation method was very unique, that is, an aggressive and desperate attack.
It's like, if you finish shooting the magazine in one go, you won't care about what happens next.
Based on this approach, many international speculators suspect that this is not the approach of the Hong Kong government, because the government must take care of what happens next.
.......
By the noon break, rumors were already spreading in the market.
"Do you know? There is another big crocodile in the buying market, and this big crocodile is not the Hong Kong government!"
"Who else could it be if it wasn't the Hong Kong government? Are there still predators in Hong Kong? Aren't those predators unable to protect themselves?"
"Think again, have you forgotten someone?"
"This...you're not talking about Mr. Lin Zuhui, are you? He is already in trouble, and his companies have dropped by 20% in the past month, and they are in trouble!"
"You are stupid. You can afford to sell a private jet worth one billion and a super yacht worth two hundred million. How can he have no money?"
"Yes, Lin Zuhui has been the richest man for five consecutive years. He is much more powerful than the so-called four major families!"
"I got reliable news that Mr. Lin bought at least HK$5 billion in blue chip stocks this morning!"
"So many! Does that mean now is a good time to buy at the bottom?"
"I don't dare to say this!"
As rumors arose in the market, various newspapers quickly edited the "rumors" into the afternoon evening papers, preparing for printing and distribution.
........
New York, Quantum Fund.
Soros and others have returned to New York to remotely direct the battle in Xiangjiang.
Zhu Kenmiller came to his office urgently and said: "George, according to the news from Xiangjiang, Lin Zuhui's funds have also participated in long stock market, and the funds are very large. It is estimated that this morning it is no less than 5 billion Hong Kong dollars.
!”
Soros suddenly stood up and said incredulously: "Does he still have funds?"
Zhukenmiller hesitated and said: "I'm not sure it's his funds, but the buying order is from his securities company's market making!"
Soros sat back and suddenly said: "If it is his funds, then maybe we are in trouble. We have to prepare to lose money this time!"
Zuckenmiller said doubtfully: "I don't think so. The financial crisis in Russia has worsened today, and even the Dow Jones has dropped nearly 300 points in the morning; the entire Asian stock market has plummeted, and Latin American stock markets have fallen across the board."
Soros said: "But the Hong Kong stock market went against the trend, and we underestimated Hong Kong's foreign exchange reserves. Of course, we can't give up until the last moment. Go ahead and let everyone continue to sell short."
"OK!"
........
The stock market opened again in the afternoon, and the battle was still fierce.
In the 15 minutes before the market closed, the battle entered a fever pitch, with the transaction volume reaching 9.8 billion Hong Kong dollars!
For Hong Kong Telecom's stock alone, the government's purchase order of HK$100 million was completed in less than 9 minutes.
The situation was so tragic that the red vests on the field were stunned.
On this day, the Hong Kong government spent HK$20 billion and entrusted 10 brokerage firms to pursue 33 Hang Seng Index constituent stocks. Lin Zuhui also spent HK$10 billion and used 5 brokerage firms to vigorously boost the price of 10 blue-chip stocks.
Financial giants made several breakthroughs but failed to do so. In the end, the Hang Seng Index closed at 9,061 points, 128 points higher than the previous trading day, with a full-day turnover of HK$33 billion. This was the highest since November 4 last year.
It can also be seen from this transaction volume that except for the two largest forces, the remaining buying orders are only 3 billion Hong Kong dollars.
In the evening news of that day, in addition to the news about the government's battle with international speculators, there were also a large number of media reports saying that "mysterious predators are helping the Hong Kong government and spending at least tens of billions of Hong Kong dollars."
The citizens talked about it one after another.
"There is also a mysterious predator. The only person with such strength in Xiangjiang is Mr. Lin Zuhui, right?"
"It looks a bit similar to me, but it's a pity that I missed the bargain!"
"Buying the bottom? I think it's better to save money. Everyone is taking delivery of the Hang Seng Index, so after the 28th, it's not certain what the stock market will do."
"It makes sense. The market is so panicked. How many people dare to buy the bottom?"
"However, Mr. Lin is really fierce. It is said that on the 14th, nearly 10 billion non-government troops entered the market. Could it be him?"
"It's almost like the richest people in Xiangjiang. No one else can afford 2 billion (Zhang Ziqiang kidnapped Li Zeju, he initially asked for 2 billion), and only Mr. Lin Zuhui is so rich!"
"Are you jealous of others?"
"I'm not jealous. Xiangjiang's economy depends entirely on him. If he collapses, Xiangjiang's economy is really finished!"
"So exaggerated?"
"Isn't that right? He supports 50,000 to 60,000 people. During this financial crisis, he is the only group company that has not laid off many employees, and it is still hiring!"
"From today on, he is my idol!"
The night of the 27th, the eve of the war, also became a sleepless night in Hong Kong.
In the early morning, the Hong Kong Observatory issued a thunderstorm warning. What does it indicate?