Chapter 939: HSI sawing (request for a ticket)

"Baodao this idiot, this is not to condone Soros!" Fu Rong Qi roared.
"Old pay, standing in the perspective of Baodao, they don't lose much. If they fight with Soros, they may win, but they must also win. At least the money they lose in economic losses is more than the foreign exchange they lose. Less is more, it can affect us." Professor Liang exclaimed.
"No, we don't have much trade between Hong Kong and Baodao. There is nothing in the economy that is linked to each other. What is the relationship between Taiwan's currency depreciation and what is it with us?" Fu Rongbing asked.
"Then, you said, how much does the devaluation of the Singapore dollar have to do with the ringgit? But when the Singapore dollar fell, is the ringgit's decline more fierce? This is a herd effect, which Soros wants. Panic. The foreign exchange reserves of Baodao are the strongest in Asia. As a result, even the Taiwan dollar has depreciated. It has increased the momentum of Soros in disguise!
Professor Liang also disappointed the Baodao authorities. They wanted to help Baodao. The financial market in Baodao is higher than Soros.
With the strong foreign exchange reserves of Baodao, and their secret assistance, winning is a matter of time, and it can give Soros a huge blow. Even if it can't make Soros lose, at least it can make Soros earn in two or three countries. The profits are all lost!
Cobao Island does not want to die with Soros, which is troublesome. Although Soros is unlikely to continue to suppress Taiwanese currency, it will completely anger the authorities of the island. Once the island is stunned and uses some extreme policies, then Soros will lose.
Soros also received the money and immediately delivered the contract for the Taiwan dollar. He earned a little and left, and really only earned a little.
With such a large sum of money, Soros could not be so free, or continue to attack other new countries and regions, or choose to re-attack a new country such as New Matai, and then cut a leek!
Obviously, Soros thinks that the leek has not grown yet. Feng Yu has already gone to the second harvest, so he will come to Xiangjiang to try.
Now that the HSI is more than 12,800 points, the stock indexes that Soros has raised before have been paid by them, and they have calmed down the blind stock market investors. The economic crisis in Asia as a whole is going to be When it broke out, it is no longer a fool to invest in stocks and make money.
Some people who financed buying stocks also withdrew, and the HSI was slowly falling every day. The people of Soros had tried to build a position several times before, but they didn’t dare. I was afraid that this was a trap. The HSI would suddenly pull up and they would be in danger.
Now, Soros’s funds have been transferred, and finally no longer worry about those, he began to hollow out the HSI!
......
"Someone started to open a position to short the HSI, Soros shot!" He Zhaoji shouted.
Feng Yu immediately stood up and walked over and told him: "Reversely build a position, buy HSI futures! Pay attention to controlling the amount of funds, not too much."
At the same time, Fu Rongqi, Professor He and Li Zeju also issued the same order as Feng Yu, they must fight to defend Xiangjiang Finance!
Ren Zhigang, the top leader of Xiangjiang Jinguan, remembered what Fu Rongqi and others had asked him to talk about the previous two days.
Fu Rongqi told him that Soros had already taken aim at Xiangjiang and attacked the Hong Kong dollar just like other countries' currencies, so that Ren Zhigang would respond carefully.
Ren Zhigang did not put these words in his heart. Soros dared to attack Xiangjiang, not being dragged on the Baodao market.
In the first two days, Baodao suddenly announced that it would give up support for Taiwanese currency, which made Ren Zhigang stunned. How could Baodao be defeated? Since Baodao has lost, can Xiangjiang stop it?
Ren Zhigang’s subordinates rushed in and reported, asking about countermeasures, and increasing the interest on borrowing to increase the cost of borrowing from Soros, lest they short-sell Hong Kong dollars?
If it was before, Ren Zhigang definitely chose to do this, but after the warning of Fu Rongqi, Ren Zhigang chose another method.
"No, the interest on borrowing remains the same, just greet those banks and strictly control the short-term loan amount. Then prepare and use the foreign exchange reserves. How much Hong Kong dollars they throw, how much we will buy back and deposit in the bank!"
"Then how much foreign exchange we have to use, what if it is not enough?"
"You don't have to worry, someone will help to buy Hong Kong dollars together." Ren Zhigang thinks about the promises of Fu Rongqi and Li Chaoren. These two are worth a lot of money. They say they will use large sums of money to buy Hong Kong dollars, so they will do so.
Moreover, Fu Rongqi also told him that Xiangjiang’s linked exchange rate system, the Hong Kong dollar is linked to the US dollar, how could Soros suppress the dollar?
The benchmark exchange rate of 7.75:1 will never change. There will be at most a little fluctuation, and it will not affect anything. It is completely within the normal fluctuation range, so he does not need to worry.
......
Soros leaned on the sofa and carried a glass of champagne, ready to celebrate the Xiangjiang into the set. Of course, he can't make money on the Hong Kong dollar exchange rate, but as long as Xiangjiang raises interest rates, the stock market will inevitably fall. When the HSI falls, he can continue to build momentum and take the opportunity to make money.
The suppression of Hong Kong dollars is nothing more than a smoke bomb in front. After his four major King Kong studies, he also believed that this method is feasible!
"Boss, Xiangjiang issued a policy, but with our estimation, there is no small deviation!" Zhu Ken? Miller came in and reported.
"Well? Is there any deviation?" Soros suddenly had a bad feeling.

Xiangjiang only controlled the short-term loan quota, but did not adjust the interest rate!

Soros slammed his body: "What do you say, their interest rates have not been adjusted?"
"There is no adjustment. It is only a lot of trouble for us to borrow Hong Kong dollars, and we can't borrow too much. Xiangjiang used foreign exchange reserves, ate it in full, then transferred it to the bank, and we lost interest in vain."
Soros put down the wine glass and slowly pointed the table with his fingers. Does Xiangjiang really have a master, even seeing his intentions? As a result, it has become a capital account, and it is more abundant.

Is the HSI not falling?

"It fell a little bit, and our interest loss can be recovered through this part of the compensation. But the loss of our low-priced Hong Kong dollar may not be enough to make it back."
"Don't worry, the Hang Seng Index will fall, we will not lose money, don't forget, we have quietly opened a position in London before!"
Hong Kong dollar is also one of the more active currencies in the London foreign exchange market. If Hong Kong cannot borrow it, it does not mean that London can't borrow it. They can still continue to sell Hong Kong dollars.
"But, the boss, in this way, we will become more powerful in the competition. If someone raises the HSI at this time, how should we deal with it?" Zhu Ken? Miller looked worried.
Not waiting for Soros to answer, Thomas of the four King Kong ran in and reported: "The boss, the Hang Seng Index has risen, there is a large amount of money to enter the market, and the HSI is lifted!"