Rebirth 76: Industrial Internet Empire

Saturday, October 8.

There is only one week left before settlement date.

Xiangjiang Satellite TV Chinese Channel evening news broadcasts an interview program.

The chairman of several listed companies publicly announced on the program that the board of directors has unanimously approved a stock buyback plan of hundreds of millions of Hong Kong dollars.

Li Chaoren, known as the "God of Investment", even more categorically stated: Hong Kong's stock market, property market, and bond market are all seriously undervalued. The board of directors not only approved a HK$5 million buyback plan for Cheung Kong and Hutchison, he I will also use some of my own funds to repurchase company shares...

October 8, Sunday.

Guo Kexin was interviewed by the media.

"Mr. Guo, according to the news we have received, Zongheng Investment's investment in the stock market and Hang Seng Index futures market has exceeded [-] billion Hong Kong dollars. The settlement day is approaching. Do you still have the strength to launch a counterattack against the short sellers?"

Facing reporters' questions, Guo Kexin said with a confident smile: "Zongheng Investment has not launched a counterattack for a long time. It is not because it is unable to do anything, but because it is short-selling. We hope to further increase the holding costs of international speculators!"

"Yu Kong?"

Guo Kexin nodded: "Zongheng Investment has already laid out the Hang Seng Index futures as early as a year ago. We have not launched a counterattack just to lure the enemy deeper and obtain more long positions in the Hang Seng Index futures contract below 7000 points! "

"So, did you have a plan in advance? Are you preparing to fight a beautiful defensive counterattack in the Xiangjiang financial market? The reporter asked very cooperatively.

Guo Kexin laughed and said: "International speculators have moved to Southeast Asian countries and launched attacks everywhere. The funds are probably exhausted. The ancients said: At the end of the war, the power cannot defeat Lu Zhen! And Zongheng Investment and many strategic partners have been waiting for the opportunity, We have been waiting for them in the stock market and futures market for a long time..."

"Haha, it turns out that stock trading requires you to be familiar with the art of war! Mr. Guo, are you so confident about the current complicated situation in the financial market?"

Guo Kexin said calmly: "So far, the anxiety in the stock market, futures market, foreign exchange market, and bond market has been within our expectations. Starting tomorrow, Zongheng Investment will invest all the newly raised US$50 billion in funds. As for the counterattack by the stock market and futures market, as far as I know, some Chinese financial institutions will also launch a fierce counterattack against the foreign exchange and bond markets at the same time!"

"Mr. Guo, I hope your interview today can help the people of Xiangjiang regain their confidence, and I would like to congratulate Zongheng Investment in advance for fighting a beautiful counterattack in the financial market!"

Guo Kexin stood up with a smile and said: "I also want to use this program to send a letter of challenge to the international speculators who are trying to attack Hong Kong's financial system: Zongheng Investment will continue to sell Hang Seng Index futures spot contracts at market prices tomorrow morning. Long orders, if you are confident that you can win this long-short game, then take all the long orders we throw out. Without further ado, Hang Seng Index futures will open in early trading tomorrow. If you don’t accept it, come and fight!”

.........

"Facker, you despicable Oriental, this is forcing us to continuously increase the holding cost of short positions in the Hang Seng Index!" Julian Robertson angrily cursed after watching the talk show.

"Stanley, how much more money can we mobilize?"

Stanley pondered for a moment and then said: "The scale of funds that can be directly mobilized should be about 180 billion US dollars. Most capital companies are still in a wait-and-see state. They are the weight that determines the outcome of this game!"

"Have you contacted them? Is it possible to bring these wait-and-see disks over for my use?"

Zhukenmiller said with a wry smile: "I have basically been in contact with them, but these old foxes have ambiguous attitudes. They may not decide which side to join until the last minute!"

"Have you heard any gossip? Especially about Qianhai Asset Management and Goldman Sachs?"

"Qianhai Asset Management has an inextricable relationship with Zhiyuan Group, and Li Heping has a good personal relationship with Yang Mo. If my guess is correct, Qianhai Asset Management is most likely Yang Mo's biggest reliance, and Goldman Sachs has always been in Take action at the last moment!" Zhukenmiller's words made the atmosphere even more depressing.

"If this is the case, we have little chance of winning. Qianhai Asset Management is the initiator of the Southeast Asian financial crisis and the biggest beneficiary. If they end early, it will change the final decisions of many capital companies!"

"So what should we do?" Zuckenmiller asked.

"The public opinion war will continue. I will also use the power of the board of directors to lobby other capital companies to join our camp. Starting tomorrow, we will continue to increase the intensity of our attacks and do not let ordinary investors see the hope of a comeback!"

.........

Monday, May 8.

In the last five trading days, the decisive moment has come.

Sure enough, when the morning market opened, Guo Kexin sold a large number of long orders in Hang Seng Index futures spot contracts at the market price, just as he said in the talk show.

Faced with the surging long index futures orders, Zhukenmiller was in a dilemma and had to bite the bullet and take it. Any retreat at this time may affect the market's long-short sentiment.

Just half an hour later, the trading volume of the Hang Seng Index futures spot contract exceeded HK$200 billion, and the trading volume of the SGX and London futures markets also exceeded short-term highs respectively!

The stock market is no different. The game between the long and short parties has become intense, with transaction volume records being set every minute.

More than a dozen listed companies have announced buybacks one after another, which is like a shot in the arm for investors. Many people have begun to realize that since the outbreak of the Southeast Asian financial crisis, the Hong Kong stock market has fallen by nearly 10000 points.

The out-of-control market sentiment began to stabilize, and bulls gradually gained the initiative. By the close of the afternoon, the Hang Seng Index stubbornly returned to above 7000 points.

After the market closed at noon, the battlefield between the long and short sides shifted from the stock market and the foreign exchange market to the public opinion field, and big players from all parties took to the stage to perform.

Zhukenmiller, who sensed a hint of crisis, also went out personally and boasted to the camera: "The hollowing out of the manufacturing industry will bring an inevitable decline to Hong Kong. As one of the financial center cities in the Asia-Pacific region, Hong Kong has already had a linked exchange rate system." Seriously constraining the development of Hong Kong's financial services industry, loosening fixed exchange rate restrictions and allowing the Hong Kong dollar to return to its actual value is what the Hong Kong Monetary Authority should do instead of forcibly manipulating the exchange rate. As an emerging international financial center city, Hong Kong is free and open. The Hong Kong Monetary Authority's manipulation of the exchange rate will not only fail to save the risk of severe depreciation of the Hong Kong dollar, but will also cause international capital to withdraw from the Hong Kong market and bring about a greater economic recession..."

"The unstoppable financial crisis in Southeast Asia has spread to the entire Asia, and may even cause a global economic recession. Various economic data from the world's major economies show that recession is inevitable..."