Chapter 1627: Hunting action-the ultimate household plan

The battle between the foreign exchange market and the stock market is still stalemate, but the Hong Kong Economic Management Bureau has suddenly changed its tactics. In addition to continuing to sell US dollars with small funds in the market to buy back Hong Kong dollars, it also suddenly announced that it will issue a 7% annual interest rate. A total of 100 billion Hong Kong dollars worth of government construction No. 1 bonds!
The issuance of this high-yield local currency bond immediately raised the HeungKong Interbank Offered Rate by 1 percentage point from the previous 5%, and it immediately had a significant impact on the entire HeungKong financial market.
The first impact is that the financing costs of international speculator groups have become higher.
This is easy to understand, right? If you want to suppress the exchange rate of your domestic currency, you must sell your domestic currency to buy U.S. dollars. These domestic currencies are actually borrowed from various banks and financial institutions, and the interest paid must also be higher than the interbank lending interest. The purpose is actually Selling these borrowed local currencies triggers a chain reaction in the market. After the local currency exchange rate has fallen sharply, the local currency can be bought back from the futures market at a lower price to close the short contract, so as to make money. Therefore, all transactions paid Among the costs, the interest on borrowing money is a large expense, and it will inevitably affect the scale of funds that can be borrowed.
Impact 2: The 7% annualized rate of return is already twice as high as the one-year savings interest rate of HeungKong, and even higher than the bank’s one-year short-term loan interest rate. The bond is very attractive, and the bond is endorsed by the Hong Kong government. The risk is so small that it can be ignored. Therefore, on the day the Hong Kong government announced the bond issuance, it immediately triggered a wave of market purchases. Many, can be described as unprecedented-however, I don't know which guy came up with a bad idea. In view of the limited amount of bond issuance this time, there are too many applicants, so the purchase qualification needs a lottery!
And this lottery is not random, you have to be eligible-specifically, you need to open an account in a bank designated by the Hong Kong government, and deposit a sufficient amount of the subscription amount as a deposit, and the lock-up period is 10 days. Only the capital verification certificate can participate in the lottery!
Well, the attentive readers and friends must already know that the one who came up with such a bad idea in 1997 must be that Tan Er did not run away. This guy is afraid that he copied all the methods of buying a house in the previous life... …
Well, in fact, the people in Xiangjiang also know who is behind all this, because the bank designated by the Hong Kong government is the "Hang Lung Bank" under the famous "Red Flag Capital"!
There is no doubt that this bond issuance rule will inevitably lock in a large amount of hot money in Hong Kong dollars in a short period of time, and it will also cut off the channels for international speculators to obtain the Hong Kong dollar, making the market selling of the Hong Kong dollar to suppress the exchange rate into a source of water. .
In fact, due to the fact that there are too many individuals and institutions applying for this bond, the Hong Kong government estimates that the final success rate will be less than 5%. You can calculate how much money has been locked!
But everything has two sides. Of course, the issuance of the Xiangjiang government construction bonds must also conform to this law.
Readers who have played with stocks know that raising interest rates will inevitably be bad for the stock market-because the funds used for stock trading in the market all contain interest costs, and the increase in interest will inevitably lead to less capital flowing into the stock market-more What's more, with the issuance of this bond, the hot money in the market has been locked on a large scale?
Therefore, many people in the economic circles are keenly aware that these measures taken by the Hong Kong government obviously have the flavor of "protecting the exchange rate and sacrificing the stock market."
Everyone can understand that to maintain the exchange rate, this is to avoid the large-scale inflation that is usually associated with economic crises and has the greatest impact on people’s lives. Inflation requires a large amount of imports to meet the needs of local consumption. In terms of regions, the lethality is even more pronounced, at the expense of the stock market, which...
A large part of the funds in the Hong Kong stock market comes from the wealthy families that rank among the top of the Hong Kong rich list, and it is an important part of these family assets. The decline in the stock market undoubtedly means that the wealth of these families has shrunk on a large scale, and this , Obviously touched the pain points of these families.
Therefore, the stock market cannot be given up.
But everyone also understands that the Hong Kong government does not have enough power to make strong countermeasures at both ends of the foreign exchange market and the stock market. "The two evils are the lesser of power." The current situation is already doing everything it can. Measures, can't ask for more.
What to do then?
Only save yourself.
Help yourself, you need money.
The hot money on the market has been locked up on a large scale by a newly issued bond...
What a perfect loop!
I rely on, this is to take the opportunity to slaughter the rhythm of the Hong Kong rich list!
Who can come up with this kind of extinction?
Except for the kid who is darker than coal, who else can there be? !
...
"Zhe Kai, I guess, you came to me today, not just to see my alumnus and roommate, right?"
Tan Zhenhua smiled and made a cup of coffee for the second son of the Li family, and asked knowingly.
Li Zhekai sighed deeply and said: "Eric, your trick is too cruel, and almost all the famous big families in the whole Xiangjiang are pitted in. If you do this, you are not afraid of becoming a target. ?"
Tan Zhenhua shrugged his shoulders indifferently and said: "Zhe Kai, the two of us have known each other for more than ten years. We started shorting the British pound that year, and then we matched the illegitimate son of Mellon in the United States, and then "Black Monday". Fleeing the wool of the world, when did you see me afraid of becoming a target?"
Li Zhekai shook his head slightly, tugged at the corner of his mouth and let out a wry smile: "Yes, Eric, you have never been afraid of anyone, and you have never been afraid of anything. You have the scheming, the ability, the Means, you always go from one success to another success, but you can’t patronize yourself by eating meat and drinking, and offending all your friends, right? Even if you step back, there is no father and son in the business, you have to stay as a man anyway. Right? And don’t you often say "Hello everyone is really good"? Why are you so heartless this time?"
Tan Zhenhua also shook his head slightly and sighed: "Zhe Kai, it's not that I have to do this. It's just that many people's vision is too short. They only see a little bit of interest in front of them, and they only see the small pond of Xiangjiang. For the sake of a little short-term benefit, I can’t even wait for it to catch fish. You probably heard about the meeting last year? At that time, I mentioned that the upward trend of Xiangjiang Real Estate is too fast. Such speculation will bring great hidden dangers in the future. In the future, we can’t rely solely on real estate. There will be more bubbles in this industry, which will have a great crowding-out effect on other industries, and will continue to amplify debt and leverage traps. Once a thunderstorm occurs, it will be a disaster. As a guide, but, is anyone willing to listen?"
Li Zhekai was silent for a long time, took the coffee in front of him and drank it, and then said: "Eric, what you said, I actually agree with you, but my father and them... Forget it, don’t talk about it, since you know that I am today Why did you come here? Then I'll wait for you to say a word, if you are willing to put a yard in this level, if you are, what are the conditions?
Tan Zhenhua smiled slightly and said: "Release, it will be released naturally, as you know, my creed has always been "Hello everyone is really good", but is this condition..."
"What is it?"