In the Merrill Lynch conference room, in addition to the president of Merrill Lynch Greater China, more than a dozen people present were here for the first time.
Each of these people represents a force and can control hundreds of millions of funds. They are behind many stock market turmoils around the world.
In recent years, the economic growth of many European and American countries has been sluggish, while the economies of many places in Asia have been extremely impressive, especially Japan and the Four Asian Tigers. This has allowed these giants to find new targets.
In terms of size, Japan is naturally the largest. Because of this, Japan’s bones are too hard and can easily break their teeth, so they focus on the Four Little Dragons. Xiangjiang, which has begun to take shape as an Asian financial center, has naturally become
their primary prey.
Weakening the strength of various places and harvesting wealth has always been the purpose of Wall Street predators. There is already a Japan in Asia that is competing against them, and they do not want a second force to oppose them in Asia.
Although the threat of the five major consortiums in Hong Kong is far from comparable to that of the six major consortiums in Japan, because of their special background, they have great potential. These predators feel the need to teach the major consortiums in Hong Kong a profound lesson, especially those who do not know how high the sky is and how high they are.
The Tung Wah Consortium.
Larry Elton, president of Merrill Lynch Greater China, said with a smile: "Spurred by the annual report, the three major Hong Kong indexes rose collectively. The current market value of many companies has been seriously inflated. Opportunities in the stock market have arrived. Our Merrill Lynch plan
Start taking action tomorrow and give the Hong Kong stock market a Black Wednesday. I wonder what your plan is?"
Unlike Merrill Lynch, Citibank, etc., who are targeting the Hong Kong stock market, DuPont, Morgan Stanley, Bank of Chicago, etc. are targeting Hong Kong foreign exchange.
The stock market is going smoothly, and Merrill Lynch and others can make a lot of money by shipping goods, but the Hong Kong dollar foreign exchange layout is not ideal. If an attack is launched at this time, I am afraid that the foundation of Hong Kong foreign exchange will not be shaken.
Chris Dupont frowned and said: "Elton, I know that the rise in the Hong Kong stock market has made you satisfied with the profits, but please don't forget our main purpose this time.
Just in the stock market, it is just harvesting the wealth of ordinary citizens in Xiangjiang. The families in Xiangjiang will not suffer much losses. I hope you can wait a little longer."
It's a pity that the big investors in the stock market are not willing to continue spending money. They know very well that the benefits brought by the annual report have basically reached their peak. If they don't take action at this time, they may not have much chance of staying at such a high level in the short term.
Moreover, these giants gave up the foreign exchange market and chose the Hong Kong stock market at that time. They also felt that there was little chance of breaking into the Hong Kong foreign exchange market.
Now they are not very willing to give up the benefits they are about to obtain and wait for the actions of DuPont, Morgan Stanley, etc.
Even though they have the same goal of suppressing and harvesting Hong Kong's economy, they are not harmonious internally and the will of each party is different.
Signal Black, President of Citibank's Asia Affairs, said: "Everyone, I am here to advise you that it is best to give up your plan in the Hong Kong dollar foreign exchange market.
Not to mention that HSBC and Standard Chartered have sufficient foreign exchange guarantees for issuing Hong Kong dollars. In the past half month, many groups under the Xinjian Department have transferred a large amount of foreign exchange back to Hong Kong.
Moreover, British Blue Maple Holdings, Lip Holdings, De Maple Bank, etc. have recently received more than one billion U.S. dollars in foreign exchange coming to Hong Kong. Your plan to significantly depreciate the Hong Kong dollar has a very slim chance of success."
As the largest financial group in the United States in Hong Kong, First Citigroup is quite well-informed about information in Hong Kong. In particular, information about the Xin Jian Clan and its well-connected forces has always been the focus of Citibank's attention.
Black has always disapproved of attacks on Hong Kong's foreign exchange. In his view, this would only bring disaster. If the Hong Kong dollar really depreciated significantly, it would only be a huge problem within Hong Kong. A mere external attack would not
Produces too much effect.
It is a pity that DuPont, Morgan Stanley, etc. are not willing to admit defeat, and they do not think that the Tung Wah Consortium can protect the Hong Kong dollar on its own.
After much debate, the attack date was decided on February 9th, which is the fifth day of the first lunar month. This day falls on a Monday and is also the wedding day of Li Jianyang/Chen Xinting and Li Chunmei/Wang Shanbin.
On this day, the wealthy families in Hong Kong are bound to attend. The Xin Jian Department and even the Tung Wah Club are on the Spring Festival holiday, and the senior officials will also attend the wedding of these two couples. They want to make a surprise attack to catch the wealthy families in Hong Kong off guard.
DuPont, Morgan Stanley, etc. are also preparing to further improve their plans during this period. They themselves are very aware of the difficulty of significantly devaluing the Hong Kong dollar. Without internal problems in Hong Kong, it is almost impossible to significantly depreciate the Hong Kong dollar.
They are not unprepared in this regard. They are just waiting for the 9th of next month to see whether the Hong Kong dollar exchange rate is as solid as Black said.
After the meeting, Elton spoke up: "Dupont, I know that Li Jianhui rejected your DuPont family's solicitation, which made you feel very uncomfortable with the Xinjian Department, and you have been thinking about making the Xinjian Department pay a heavy price.
What I want to remind you is that we don’t care how the DuPont family targets Xin Jian, but it will definitely not affect our common plan, otherwise don’t blame us for being unkind.”
Chris Dupont, who was less than thirty years old, immediately changed his expression when he heard this. He was indeed extremely dissatisfied with Xin Jianxi and Li Jianhui in his heart, but Elton didn't need to say it at this time.
Although the California consortium has always had trouble dealing with their DuPont, Chicago and other consortiums, on an occasion like today, Elton's words really made it difficult for him to step down.
"Elton, don't worry. We at DuPont have always put national interests first and will never do anything that harms national interests and partners. Unlike some consortiums in the west, they will not take into account others for their own interests. Behind the scenes,
Stabbing incidents are even more common.
Merrill Lynch has been closely connected with the Xiangjiang Huaxin Consortium recently, and I wonder if you will stab us in the back for the benefit of yourself and your allies in Xiangjiang."
The other forces are watching the show from the sidelines and have no intention of breaking up the fight. During this time, dark clouds are gathering in the Middle East, and the spring of arms dealers has arrived. Whether it is the DuPont consortium or the two major consortiums in California and Texas, they are all major arms dealers.
Coupled with the long-standing grievances between the two parties, the relationship is definitely not good. If not for everyone's common purpose this time, it would be impossible for these parties to sit together.
Fortunately, neither Elton nor Dupont wanted to let other forces see the joke and did not continue to ridicule and attack.
Seeing that there was no excitement to be seen, everyone said goodbye to Elton one after another. Elton then went to the securities department and postponed the plan to clear the warehouse.