The years of red flags

Chapter 1072 After the rain, the sky is clear

"Since Brother Jiang can't handle the matter, I guess what we were asked to do is for nothing." Mr. Li immediately gave up: "It is indeed a good idea not to open it to the outside world. In the end, this thing is a semi-finished weapon, and safety is the most important thing. .”

Mr. Li's reaction was quick. Before the others could react, he had already sized up the situation and retracted.

"Why are you so timid?" Rong Zhengen said with a smile: "Go on, we don't even need to go out together. You, Mr. Li, can do it alone."

Mr. Huo asked with a smile: "So, we will also have our own aircraft carrier at sea in the future?"

Jiang Hua shook his head: "I really don't know this."

"Then your boat was blocked in the strait by huskies. What are you going to do?"

Jiang Hua shook his head: "Don't ask me, I don't know that either."

The sky is getting brighter, and the weather in Hong Kong is relatively hot in August, but at this moment, the people in Hong Kong are even more enthusiastic, while the stock traders are particularly calm.

From the moment it dawned, members of the trading team got up one after another, dressed up and came to the living room in high spirits.

A variety of breakfasts, both Chinese and Western, had been prepared on the table next to them, but the traders unanimously chose the Chinese breakfast, and the Western-style toast and milk were thrown aside without anyone paying attention.

After breakfast, everyone took their seats and turned on their computers. The trading manager clapped his hands and shouted loudly: "Everyone, we have to fight to the death today. For the boss and for Xiangjiang's finance, this is a day that will be recorded in history. Come on, let’s talk to our children and grandchildren, come on.”

"come on!"

The clock on the wall pointed to half past nine, and everyone seemed to hear the ringtone of the exchange. Their fingers were tapping quickly on the keyboard, and they were shouting the market price loudly. The trading manager was looking at the screen and analyzing it in his mind. Keeping track of the market situation, he kept issuing various instructions.

Someone shouted: "In five minutes, the transaction volume exceeded 4 billion."

This amount of capital has never been reached even in the bull market. However, the transaction volume that day was so large, but no one was happy.

"Ten billion."

The trading volume exceeded 10 billion in half an hour.

Xiangjiang's strategy that day was to defend. As long as it defended, it was a victory. Therefore, the operation of all traders was to raise the Hang Seng Index by one or two prices every few minutes in order to increase the settlement price.

People in Xiangjiang call this battle the eight giant crocodiles trapping the royal cat, and some people call it the golden-haired rat playing with the royal cat. This statement is full of pessimism.

There was a lot of selling pressure on Xiangjiang Telecom in the morning, so Mr. Zeng thought of another way, mobilizing all the power at hand to support another blue-chip stock, Zhonghua Telecom, and pushed the stock price from 10.9 to 11.04, because Zhonghua Telecom’s stock was relatively difficult to sell. To borrow goods, the Hong Kong government chose it as an entry point to offset the pressure on the Hang Seng Index due to the slight decline in Xiangjiang Telecom. As a result, the Hang Seng Index was slightly pushed up, but the other party showed no sign of weakness and immediately hit Zhonghua Telecom down to 11 yuan.

By the time the market closed in the morning, the transaction volume had exceeded 40 billion, and Jiang Hua and his team had sold nearly 6 billion.

By the afternoon, as the settlement price of the futures index was almost a foregone conclusion, Royal Cat fully retreated and retreated its defense line to 7830 points.

In the afternoon, hedge funds began to bet on HSBC, and the hedge funds began the craziest counterattack. HSBC Holdings became the main battlefield for both offense and defense. Because this stock is the most important heavyweight stock in the Hang Seng Index, its rise and fall are of greatest significance to the Hang Seng Index.

All financial companies and traders in Hong Kong knew the importance of HSBC, and began to protect HSBC's prices at all costs. They spent 30 billion angrily throughout the afternoon just to prevent HSBC's prices from falling by 50 cents.

Jiang Hua and the others were also jealous. The mobile phone calls between Mr. Huo and Mr. Zeng were never hung up. Time passed minute by minute in agony. The hour hand was slowly moving towards four, and the minute hand was pointing to twelve. Finally, at the moment when the second hand passed twelve, it was finally four o'clock in the afternoon, and the market closed.

Whether it was in the stock exchange or in Jianghua's villa, the numbers on the big screen were still flashing.

The number of the Hang Seng Index has not yet been set, it is still beating, 7829, 7840, 7851, 7853, and the final number is fixed at 7853.

This number is of great significance, representing that Xiangjiang has finally withstood the pressure and defended its stock market.

An hour and a half after the market closed, the weather, which had been full of thunderstorms, suddenly cleared up.

At this time, there were TV news and financial channel programs. Many experts and scholars believed that hedge funds would launch another round of counterattack.

It's a pity that they worried too much. Because these international hot money suffered a heavy setback in Da Mao Xiong, they were forced to withdraw their funds and never launched a counterattack against Xiangjiang.

In just ten working days, the Hong Kong government spent more than 120 billion in funds, and Jiang Hua and others also spent more than 50 billion.

However, because the hedge fund's short position opened up, Jiang Hua and others made a lot of money from the up position. All the money invested was earned back, and there was still a slight surplus.

At this time, the villa was quiet. After a while, Mr. Guo asked, "Is this over? Have we won?"

"We won." The trading manager also said a little unbelievably: "We really won. Let's quickly calculate the profits and prepare ourselves for tomorrow's counterattack."

Mr. Huo frowned: "It's not over yet?"

The trading manager shook his head: "I don't know, but the other party has lost so much money, I'm afraid they won't let it go."

"Relax, there should be no next round." Jiang Hua said with a smile: "Hedge funds have suffered enough losses in Big Bear, and they are exhausted."

"Don't be careless." Rong Zhengen said cautiously: "It's better to be prepared and wait two days to see."

The calculation results came out. Jiang Hua and the others made back all the money and nearly 9 billion Hong Kong dollars more.

For one day and two days, there was no movement from the hedge funds. Rong Zhengen got the news that international hot money had been completely withdrawn. This time they suffered heavy losses. The Light Quantum Fund lost US$5 billion and was in the process of liquidation and reorganization.

The financial crisis that has been raging for nearly two years has come to an end here.

The Hong Kong government launched seven measures on September 5 to resolutely maintain the linked exchange rate. Since then, the Hong Kong stock market has continued to rise. Finally, in 1999, the Hang Seng Index once again exceeded 10,000 points.

Jiang Hua and the others still held a lot of company stocks. They discussed it and decided to release them all at the right time.

Coincidentally, the Hong Kong government also announced that it will slowly release its stocks at the appropriate time and will not intervene in the specific operations of the company.

Mr. Li picked up the suit and said with a smile, "Celebrate!"

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(End of this chapter)