Chapter 519: Soros in the Eyes of Fan Wubing
Within a month. Eleven record-high. Everyone in Hong Kong has shares. So Soros thinks. The real estate bubble also caused the economic environment to deteriorate. Increase production and sales costs. Inflationary pressure is gradually accumulating in Hong Kong. Based on purchasing power parity theory. The Hong Kong dollar will tend to depreciate in the future.
And they believe that maintaining the peg is costly. It is determined that the Hong Kong SAR government cannot survive. So I decided to hit the Hong Kong dollar. It's just that they didn't take into account the central government's support for the SAR. Once back to Hong Kong. The power behind the scenes suddenly grew.
Macro hedge funds under the leadership of Soros have jointly created markets in Hong Kong's foreign exchange, stock and futures markets. A three-dimensional attack on the Hong Kong dollar was launched in all aspects. First, short sell Hong Kong dollars in large quantities and exchange them for US dollars. At the same time, short-selling Hong Kong dollar futures. Then sell short Hong Kong stocks in the stock market. And before and after this, a large number of futures contracts were sold in the Hang Seng Index futures market.
January and June this year. Take advantage of the rupiah and yen plummets. Soros's hedge fund sold Hong Kong dollars separately. But under the resistance of the Hong Kong SAR government. None of the three attacks destroyed the Hong Kong dollar.
but. Come into August. The situation changed. Speculation on the Hong Kong dollar is building in the foreign exchange market. Various rumors 4. Market confidence is at stake. It’s August 5th. The U.S. stock market plummeted and the yen exchange rate plummeted. Hedge funds launched the fourth impact on the Hong Kong dollar. Another important reason. It is Soros who believes that mainland China is busy fighting floods. I don’t care about Hong Kong anymore. Fan Wubing also invested a huge amount of money in Indonesia. Cash flow obviously cannot support him to continue to hold the Hong Kong SAR Government to cope with the international impact on the fund. Fan felt sick. Soros is very accurate in his timing. But there was only one thing he was wrong about. It is your actual asset size. There is also the reason why I have to take action because I want to protect the Hong Kong market from being too seriously damaged.
It can be said. If necessary. We can allocate hundreds of billions of dollars more funds at any time. It's just that this action is relatively large. The changes will also be serious. It's enough to cause a market to experience violent turmoil.
To know. The current capital scale of the entire Hong Kong stock market is only hundreds of billions of dollars. This is what I was doing. How many families have been destroyed?
Fan Bing now is no longer Fan Wubing before. Although he is still very free and easy on some issues, but in terms of humanitarianism. There is still some consideration. It can't be because of selfishness. Just make people angry? Like some of Soros’s practices. It's worth debating.
Under the banner of helping other countries realize their own mistakes in the financial system. Wantlessly plundering other people's property. Then I have to say very innocently that I am just doing it to make money. This is more despicable.
Fan Wubing thinks. If you tell me straight, I want to exploit the loopholes in your financial system to make money. That's all. Quite a bachelor. But that's what it is. Another memorial arch should be erected. That's so unheroic. especially. Soros and others are not the kind of people who steal money. After winning, there will be a whole world of publicity. Then publish some textbooks, memoirs and the like to get some royalties.
By the way, try to promote your own values. To pave the way for their next economic aggression.
Be a human being. This kind of step cannot be avoided.
In particular, Fan Wubing felt that he could stand by and watch. This time, all walks of life in Hong Kong are paying close attention to the unprecedented flood disaster in Hong Kong. Various activities are being actively held to raise funds for the victims. There are now several hundred million. Although Hong Kong's economy has been affected by the financial crisis. Everyone's life is not easy. But in this case. Their enthusiasm is still very high.
This moved Fan Wubing a little. So he decided to talk to Soros. It's best for everyone to resolve this matter calmly. It would be better than both sides going to war. He was trying to make that little money of one billion or eighty million. As a result, the entire Hong Kong market is in a state of chaos.
So Fan Wubing called Dai Si. Let him contact Soros secretly. Prepare for two people to meet somewhere.
Davis was somewhat interested after hearing the news. Although he is also considered a high-income earner. But no matter what, they are just employees working for Fan Wubing. This time, I want to be able to follow Fan Wubing and have a good chat with the famous Soros for a while. Maybe there will be some unexpected gains.
soon. Soros called me. The old man expressed his willingness to meet Fan Wubing. The meeting place was chosen to be in South Korea.
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