Chapter 650 [First Battle with International Speculators] Please vote for me!(2/2)
A group of finance ministers started to communicate one after another. The group had to make an announcement anyway, so it was natural for everyone to share their experiences. Overall, the minimum cash flow of each listed group is 10 billion plus the market capitalization of European and American stocks.
After some exchanges, everyone discovered that the boss seemed to have expected this day, so he had allowed the company to ensure sufficient cash flow in recent years. At the same time, he also invested the company's cash flow in stocks overseas, especially in Europe and the United States.
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What does this mean?
This shows that the boss seems to have already anticipated the Asian economic bubble, so he has allocated assets to Europe and the United States to share possible risks.
God!
Everyone thought with admiration.
Finally, Lin Zuhui said: "This announcement is not for investors to buck the trend, but not to hand over the chips in their hands easily to stabilize the stock price of our own company, so you should control the scale."
"Okay, boss!"
After the meeting with several finance ministers, Li Hao, the investment manager of the family office, also came to Lin Zuhui's office.
Lin Zuhui said to him: "If the Hang Seng Index falls below the point, you should prepare at least 20 billion Hong Kong dollars to enter the market and buy those blue chip stocks. Make sure that the Hang Seng Index does not fall below the point."
He thought about it and finally thought that if he ‘doesn’t make the last copper’, then he should ‘don’t buy the lowest price’.
In the first incident of international speculators sniping at Xiangjiang, he also had to have a bottom line, which was the point.
Li Hao nodded and said excitedly: "No problem, I will definitely arrange it!"
He understands that the boss must be optimistic about Hong Kong's future economy, so this time the family's Hong Kong stock funds will be cashed out at the current point, and part of it will be taken back at the current point. The difference in price is also the behavior of a master of "doing t".
Of course, the premise is that the boss is optimistic and optimistic about Hong Kong's future economy.
In fact, there is no doubt about this. The boss is the "Commercial Governor" of Hong Kong. He is not just making money in Hong Kong, but building Hong Kong. Why do you say this is because "revitalizing Hong Kong through culture" and "revitalizing Hong Kong through science and technology" were proposed by the boss.
, as well as the boss’s donations to major universities in Hong Kong, as well as the idea of the ‘Cyberport’ project, etc., these can all show that the boss has a very deep feeling for Hong Kong.
"Keep a low profile and don't expose the family office!"
"OK!"
The investment of the family office adopts the principle of offshore and decentralization, because they do not want outsiders to know the specific situation of Lin Zuhui's assets.
........
At the same time, the Hong Kong Monetary Authority only responded passively. The measures were to increase short-term loan interest rates, sell U.S. dollars to absorb Hong Kong dollars, and increase interbank interest rates. The rise in interest rates will increase the cost of speculation. Therefore, although this move is passive, it is also
This puts some restrictions on international speculators.
But what is certain is that the international speculators will make huge profits (billions of Hong Kong dollars); but the original intention of the international speculators is to defeat the Hong Kong dollar exchange rate in Hong Kong, so it is hard to say who will win and who will lose.
It can only be said that the situation is better than that in Thailand, Philippines, Indonesia, and Xiangjiang.
.......
The next day (Wednesday), the Hang Seng Index plunged another 760 points.
However, the hedge funds did not defeat the Hong Kong dollar in the first round of sniping. This is an ironclad fact.
In an office building in Central, international speculators gathered together to discuss tomorrow's strategy.
Soros of Quantum Fund also came to Xiangjiang in person.
"For three consecutive days, we have sold nearly 60 billion Hong Kong dollars, but Hong Kong has a lot of foreign exchange reserves, so the Hong Kong dollar has not collapsed yet. Tomorrow we will launch another offensive to make the Hang Seng Index fall at least 1,000 points," Soros said calmly.
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A group of international speculators are extremely excited. Defeating the "Four Little Tigers" in Asia is not a real achievement. Defeating the "Four Tigers" in Asia is the real achievement. Therefore, defeating Xiangjiang is an exciting thing.
"No problem, we will launch a fierce attack today. Let's work together to defeat the Hong Kong exchange rate and the Hong Kong index."
Everyone showed cruel smiles.
However, what they don't know is that five listed companies owned by Lin Zuhui have held press conferences one after another and are preparing to issue announcements in tomorrow's morning paper.
Four of these five listed groups are blue-chip stocks. Octopus Bank, which is not a blue-chip stock, does not lack strength, but has just been listed. In terms of strength, Octopus Bank can certainly be regarded as a blue-chip stock.
The important thing is that Lin Zuhui's five listed companies account for more than 15% of the total market value of the Hong Kong stock market. This is the best strength. To be honest, assuming that Lin Zuhui publicly comes forward to challenge international capital, then the Hang Seng Index will be below 10 points in this round.
It's almost impossible. In addition to the huge cash flow of his listed companies plus European and American stocks, what's more important is that Lin Zuhui has 'leadership' attributes.
The reason why Lin Zuhui did not publicly jump out to challenge international capital was because he also wanted the Hong Kong stock market and local markets to cool down so that he could buy the bottom.
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Chapter completed!