Chapter 929: The Hang Seng Index Falls

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Please enter the text "toss another five percent of Singapore dollars today." Feng Yu ordered.

He Zhaoji led people to continue to sell the Singapore dollar slowly. Feng Yu's strategy is not to be the main force, but to let Soros' Quantum Fund do the main force. Like other hot money, he just follows the trend.

Nanyang's reaction was also very fast, and it was still slowly adjusting. Although the Singapore dollar has fallen, it seems that it has not fallen below the allowed fluctuation range of Nanyang.

However, there is good news that Nanyang sold the Thai baht to absorb the Singapore dollar. In this case, the Singapore dollar stabilized slightly, but the exchange rate of the Thai baht fell again.

After adopting the floating exchange rate system, although the exchange rate of the Thai baht fell below 30:1, it has slowly stopped the decline. However, for the sake of its own currency, Nanyang sold a large amount of Thai baht, which caused the exchange rate of Thai baht to fall again.

As a result, Nanyang, which was supposed to help Thailand, has now become a helper for Quantum Fund, causing the Thai baht, which had just stabilized, to start falling again.

What kind of national strategic cooperation, when it comes to the interests of the country, is all floating clouds. When they are too busy to take care of themselves, who cares whether the economy of other countries will collapse, the most important thing is to keep their own economy from collapsing.

Turning on the TV, Feng Yu began to watch Xiangjiang's financial news.

The Hang Seng Index just rose a little at the opening of the market today, and then began to fall. A well-known stock commentator commented on TV that the Hong Kong stock market was inflated.

"Looking at these data, the stock markets of Southeast Asian countries are falling rapidly, and Xiangjiang has risen against the trend. get away……"

Stock commentators on TV talked with eloquence, as if they were bad-mouthing the Xiangjiang stock market. However, Feng Yu knew that this stock analyst was very famous, but he was a famous crow's mouth. He said that which stock will rise, which stock will immediately fall, and which stock he said will only fall, will rise. Many folks who speculate in stocks call him Pujie Cai!

But unfortunately, the ratings of this stock critic's program are still very high. Maybe many people bought it the other way around as he said.

But today, what the stock critic said still has some truth. Fu Rongqi and others are selling stocks, including many blue-chip stocks. The Hang Seng Index will not rise.

...

"Hey, Pujie Cai said today that the Hang Seng Index will continue to fall, should we sell the stock.

fǎnzhèng We also made so much money before, but now we throw it away, we still make money. "In a tea restaurant, a guy said.

"You said it all, he is Pujie Cai, was his prediction accurate?" Another guy said disdainfully.

Many people in Xiangjiang are also speculating in stocks at this time, and the guys in the tea restaurant have joined the stock market army. Some even quit their jobs directly and traded stocks full-time, which is comfortable and earns a lot.

"But this time he didn't predict any stock, but the Hang Seng Index. Do you remember how he became famous? He became famous only when he predicted the Hang Seng Index to rise."

Another guy also began to hesitate, yes, today Pujie Cai did not predict any stock, but predicted that the Hang Seng Index would fall.

It fell a little yesterday, and it is also falling today. He said that the Hang Seng Index will keep going down for a period of time in the future. If this is the case, if they don’t sell it, they will be caught in it!

"How about we ask Liu Caishen next door?"

Liu Caishen, the owner of the shop next door, was originally a clerk, but later made a fortune trading in stocks, and now he has opened a shop to sell some fruits.

Many people bought stocks with Liu Caishen, but they all made money. But Caishen Liu has a bad temper, and they can't afford to be filial, so Caishen Liu never pointed them out before.

The two discussed it, and while there were not many customers, they pretended to take out the trash and ran to Liu Caishen's shop. After they entered, they saw Liu Caishen watching the financial news while holding a computer and looking at the screen.

"Liu Caishen, look at the stocks."

"Why did the two of you come here? Even if it's not lunch time, your boss won't let you go out for a short errand, right?"

"Liu Caishen, didn't our brothers beg you to come here? Look at the stock market, will it continue to fall?"

Liu Caishen glanced at these two people. If these two boys hadn't always helped him take out the trash, he really wouldn't want to say it.

"Throw it away. I advise you not to buy stocks this year. Southeast Asia's economy is in trouble. This year's stock market may be very exciting. With your level, it is easy to get caught."

"Hey, thank you God of Wealth Liu, we took out the bag of trash outside for you."

After the two went out, they called immediately and dumped their stocks. The fǎnzhèng has already made money, this time I can buy some things for my family.

These two people were lucky, they threw away, but some people, seeing that their stocks were still rising, even made some additional investments.

However, the decline of the Hang Seng Index, to a certain extent, restrained those who raised funds from financial companies. When the market fell, they did not have the courage to raise funds.

Once the fall is severe, their little money can easily be lost.

...

Soros looked at the news reports from Xiangjiang, the Hang Seng Index is still falling, and some stock commentators believe that the Hang Seng Index will fall below 13,000 points. This news is very bad.

The more the Hang Seng Index falls, the less room he will have to operate after he sells short, and the harder it will be to make money. He raised the Hang Seng Index before, but he also took the lead in investing a sum of money, and now he has lost money.

It seems that Xiangjiang really has masters, such a slow decline will have little impact on Xiangjiang's economy, and it will not cause any panic.

After two or three months, it is very possible that the Hang Seng Index will fall below 13,000 points, and it may even fall even more, but he will not make any money at all.

Soros is considering whether to take advantage of the decline of the Hang Seng Index to open a position and sell short the Hang Seng Index futures, and then maybe he can make a steady profit without making a move.

But if they are discovered and they pull up in reverse, the contract is likely to be liquidated directly. Then he has to call for a deposit, wouldn't it be easy to be dragged in the Xiangjiang market?

Why don't we just give up the Xiangjiang market for the time being and wait for two months to see it?

Thinking of this, Soros summoned his four King Kong men and asked for their opinions.

Three of the Four King Kong believe that they should wait and see. Their main battlefield at this time should be in other currency markets, and it is not appropriate to provoke Xiangjiang.

However, Zhuken Miller, who is the chief analyst, has a different opinion. He believes that it is just right to sell the Hang Seng Index in Xiangjiang, which can hold back those rich people in Xiangjiang.

Because he suspects that it is the rich people in Xiangjiang who are cashing out. They are cashing out a lot to raise funds and also go to the foreign exchange market to make a fortune.

If all these people join in, then Quantum Fund will certainly be able to make money more easily, but it will be even more difficult to hit the Xiangjiang market!

It was difficult for Soros to make a decision at the moment, and he suddenly realized that it seemed that Xiang Jiang should not be provoked first.

...

If you are in a shortage of books, you can go and read a few books recommended by the fourth child, they are all good, such as the old book "Spirit Gourd Space" by the fourth child (to be continued.)