On Friday, August 8, the Hong Kong stock index rose again with Wen Zhiwei's efforts and finally closed at 6137.17 points.

Originally, this news should have been very exciting to the market, but it is true that major media in Hong Kong City called it a "phase victory" and showed that "Hong Kong City has the ability to defend itself"; but that night, a piece of news about the stock market quietly stirred up the peace of the entire Hong Kong City market.

The news was first reported by an overseas media. In his economic comments at night, he publicly questioned the current rise and fall of the Hong Kong City, which was actually a conspiracy.

He first analyzed that any market, even if it is an immature market, should not have such a strange situation of soaring today and plummeting tomorrow. He also believed that this regular surge and plummeting are usually the result of someone's manipulation behind the scenes, because if you have 100 Hong Kong dollars in the stock market, no matter whether the stock market first rises 10% and then falls 10%, or falls 10% and then then rises 10%, it is impossible to return to 100 Hong Kong dollars, which is only 99, and the difference in the middle is profit.

However, the announcement did not clearly indicate who was manipulating the market behind the scenes. But at night, a post about "Hong Kong City Financial Crisis" in the online community suddenly became popular.

This post is very directly pointing out that the HKMA manipulates Hong Kong City Joint Investment Fund, and companies such as Huayin International and Universal Fund enter the market to manipulate the market. They short the market on the first day, and brokers such as Huo Ying and Dasheng enter the market to go long the next day, short the market on the third day, and long the fourth day... They harvest the market over and over again.

In order to prove his statement, the poster even posted the asset scale of these companies such as Hong Kong City United Investment Fund, which shows that the actual investment of these large fund companies and securities firms has far exceeded the amount of funds they hold.

The post finally concluded directly: There is no doubt that these fund companies and securities companies colluded with the Financial Management Bureau and used the foreign exchange reserves of Hong Kong City to enter the stock market to manipulate the market. The so-called financial crisis is a drama they directed and performed by themselves, with the purpose of cheating money!

This post quickly caused an uproar in the entire Hong Kong city. Many investors and investors recalled the abnormal fluctuations in the stock market during this period, and even more recalled the money they had lost for no reason, and they were all angry.

So that night, countless posts appeared in the online community criticizing the HKMA and the brokers of those big fund companies and the post "Hong Kong City Financial Crisis" even responded tens of thousands of posts overnight.

After the incident with Xingya Media, Wen Zhiwei began to pay attention to some remarks on the Internet. It is precisely for this reason that the situation in the online community was also spread to Wen Zhiwei at the first time. Wen Zhiwei also reported the situation to Zhou Ming as soon as possible and expressed his thoughts: "Mr. Zhou Ming, this situation must be someone deliberately spreading rumors behind the scenes, with the purpose of provoking further panic in the market. I guess they are likely to use this to find a way to lower the index."

Zhou Ming also agreed with Wen Zhiwei's speculation, but Zhou Ming always felt that the other party's purpose was not only for this.

However, even though we know that the other party may have other deeper purposes, we cannot let the situation in front of us be ignored. Letting rumors slander the reputation of the CMP will even spread panic to the entire market.

Therefore, on Saturday, Wen Zhiwei held a press conference for this matter specifically at the HKMA, and he was in the meeting

The first thing that the above denies the rumors on the Internet shows that the HKMA has not manipulated the market and will not use the stock market to cheat money. Everything is maliciously spreading rumors.

Later, Wen Zhiwei also took out documents specifically to show that the HKMA did use some fund companies and securities companies to enter the market, but it was just to stabilize the market. The international investors were the ones who really did damage in Hong Kong City.

News of Wen Zhiwei's press conference reached the Quaker Building, and Opold and Holden laughed.

"I'm afraid this guy Wen Zhiwei would never have thought that his own press conference would be the last straw that destroys the confidence of the Hong Kong city market!" Opold said to Boya, "From this press conference, Zhou Ming's level is far inferior to you, and he is not worthy of being your opponent!"

Christo explained: "Boya has put his opponent in a dead end, and the other party lets the rumors spread, which is impossible, but now he explains that it will also destroy market confidence, that is, no matter what they do, they are in Beya's calculations."

Later, the development of things completely confirmed Christo's words. When Wen Zhiwei held a press conference, the entire Hong Kong city market not only did not improve at all, but instead collapsed more and more.

On that day, many investment companies temporarily convened employee meetings, and many investors in teahouses and cafes revealed their pessimistic attitude towards the stock market when chatting.

Some people think this is a conspiracy: "You see, the MAS has admitted it. He has already used foreign exchange to enter the market for fund companies and securities companies. So what else is there to say? It must be what is said online. If you have a rise and a harvest today, you will have another harvest tomorrow. Do you really think we are leeks?"

Some people simply don’t have confidence: “It’s better to take out the money. It’s really too dangerous to put it in the stock market. It’s not that I don’t trust the HKMA, but the rise and fall of the stock market are all rules. They are all games played by big capital. In addition to losing or losing, we should take out the money first. It’s been 5,000 before, and God knows what the loss will be like in the future.”

The sentiment of these investment companies and investors broke out directly when the stock market reopened on Monday. The stock market was leaking downwards at the opening. In just a few minutes, the index fell below the 6,000 point mark, but in just half an hour it fell to 5,800 points, a drop of more than 5%.

This situation made Wen Zhiwei widen his eyes, not understanding what the situation was, but Zhou Ming understood it.

"All the funds are escaping, it turns out they are doing this abacus." Zhou Ming sighed.

Under Zhou Ming's reminder, Wen Zhiwei finally realized it and realized: "Mr. Zhou Ming, what you mean is that they released the rumor to expel local capital from the Hong Kong City, so that they will have an advantage with international capital. It's a pity that my press conference has become their greatest help."

Zhou Ming patted Wen Zhiwei on the shoulder to comfort him that it was not his fault. He was the president of the Financial Administration. He had to speak out in the face of that situation. There was nothing he could do about it.

Zhou Ming also said that he had a responsibility, and he failed to see through the other party's intentions as soon as possible.

This time, Wen Zhiwei comforted Zhou Ming. Wen Zhiwei said that the other party's actions were dazzling, he was determined and unintentional, and his intentions were not exposed from the beginning. It was normal that he could not see through it. It was like he had so many people from the Financial Management Bureau, and Tong Hua and Guo Xiaohua, didn't they see it either?

It’s role exchange, and you’re planning to the other party yourself, but the other party may not be able to react at this time.

Of course, Zhou Ming also understood these principles, but he was a little upset. And more importantly, now that the other party once again led the main situation, the entire capital of the Hong Kong City was fleeing the stock market, and he could not save the situation at all, so he could only wait for the stock market to stop.

When the stock market can stop depends entirely on Hong Kong City investors. After all, no matter how bad the stock market is, it is impossible for everyone to leave unanimously. There are always some hope, either buying at the bottom or leaving the market without time, or being trapped in hesitation, etc. In short, the proportion of escape is proportional to the final result of Hong Kong City, that is, the larger the proportion of escape, the lower the final closing of Hong Kong stocks.

Of course, the MAS can do very little, which doesn’t mean it’s indifferent. Watching the stock market plummet, but it doesn’t do anything. This is not Zhou Ming’s style.

On the second day of this round of plunge, Zhou Ming asked Wen Zhiwei to introduce some new stimulus policies, while instructing Amin and Huo Mingyuan to bring Hong Kong City's foreign exchange reserves to rescue the market at the right time.

All I can do, but as expected, these measures have little effect. Although the stock market decline slowed down to a certain extent when the policy was introduced and foreign exchange reserves were used to rescue the market, it was only a "slow down to a certain extent". After a while, the entire stock market returned to its normal decline.

In the specification building, Christoopold and Holden cheered and thought the overall situation was settled.

"I was shocked to see Wen Zhiwei's stimulus policies and the slowdown in the stock market decline before. I thought Zhou Ming was going to change his fate again, but it seemed that Boya was obviously more powerful!"

Opold disliked Holden's fuss: "Only you will be scared, because we are all very confident. Now the panic in the entire Hong Kong market has reached its peak after two days of fermentation over the weekend. In addition, we are fueling the fire behind it, why can they stop it?"

Christo even said: "I hope they can stop it, which means they need to invest more foreign exchange reserves, which will be of great benefit to our future returns!"

Boya was still as cold as ever and did not comment on their discussions, as if he hadn't heard of this at all, just staring at the big screen.

Boya knew that things were not as simple as they said, because these guys deliberately forgot. In fact, after Wen Zhiwei held a press conference, Boya expected that the other party might launch a counterattack, so he immediately deployed a hedge, so he did not let the index rise. Otherwise, if he really ignored it, relying on the inertia of the stock market and those international capitals that only change with the wind, maybe something really happened.

Even though he successfully predicted and suppressed the counterattack this time, he became more vigilant from Beya. Beya told them: "After this time, the opponent should understand that at least before the stock market fell to the bottom, they would have no chance."

When Boya said this, he deliberately paused: "So we must take advantage of this opportunity and press the index down to a lower level in one fell swoop. Before the end of this week, we will see four thousand points!"

"no problem!"

Christoopold and Holden answered one after another, each of them full of confidence.
Chapter completed!