Chapter 279 Anxiety
On August 5th, the haze in the sky enveloped the entire Xiangjiang River, and light rain fell continuously.
Under the leadership of Mr. Suo, international hot money struck again, instantly bursting the financial bubble in Hong Kong, and the entire Hang Seng Index began to decline.
From the foreign exchange market, stock market, and futures market, they officially launched a three-dimensional attack on Hong Kong's finance, intending to end Hong Kong in one battle.
At the same time, Mr. Suo also used newspapers to exaggerate the terrifying atmosphere that the RMB was about to depreciate significantly, which made people panic for a while.
Even the RMB black market transactions in Shanghai, eastern Guangdong and other places once fell to the level of 9.5 RMB per US dollar.
The Hong Kong stock market plummeted!
The Hong Kong Stock Exchange is gloomy.
Many people slumped on the ground in despair, looking at the "red" on the display screen.
"It's over, it's all over. My twenty years of savings."
"I'm getting married, why? Damn it."
"This is the money I borrowed, how can I pay it back?"
The entire stock market is filled with a sense of despair.
The Hang Seng Index fell directly below the psychological mark of 7,000 points, then 6,800 points, 6,660 points...
The wealth of countless Xiangjiang citizens was looted.
Old Man Suo and others even clamored that Xiangjiang has become their cash machine.
The tragic fate of Southeast Asian countries such as Thailand and the Philippines seems to be visible before our eyes.
The only two options currently standing in front of the Hong Kong government are giving up the Hong Kong stock market or giving up the exchange rate.
At this time, Mr. Suo began to attack the two major constituent stocks of the Hong Kong Hang Seng Index: "HSBC Holdings" and "Heung Kong Telecommunications".
The two stocks fell sharply, and the situation was precarious.
Mongkok, Hong Kong, New World Headquarters.
"Mr. Huo is the first to come to the new world. It really makes me shine!"
Li Qing made tea for Huo Dong and said with a smile.
Li Qing had already anticipated Huo Dong's arrival. If the stock market in Xiangjiang was not rescued, the coffin shop the day after tomorrow would probably be too busy.
"Little friend Li Qing, don't talk nonsense. Alas... Now that the international hot money is coming, the financial situation in Xiangjiang is in danger."
Huo Dong loosened the buttons of his shirt. The situation now made him a little breathless.
After all, the other party is a well-known capital tycoon, and he is taking advantage of the victory and is full of momentum. This battle is indeed not easy to win.
As far as he knows, the chief executive has gone to Kyoto to ask for help, but the current situation cannot save the fire from the distance.
Recently, he began to organize businessmen to rescue the market, but very few responded, and most of them chose to protect themselves wisely.
Li Qing was the last person he thought of. After all, Li Qing's capital was as much as any rich man in Hong Kong.
Li Qing also became serious after hearing this, "Mr. Huo, as long as Xiangjiang needs me and the country needs me, just speak up!
If you only care about life and death for the benefit of the country, why should you avoid it because of misfortunes and blessings?
No need to hesitate to go bankrupt! "
In fact, Li Qing had been prepared for it long ago and knew that except for Mr. Huo Dong, most of the rich people would just sit on the sidelines.
When Huo Dong heard Li Qing's words and thought of what others had done, he felt moved and choked up when speaking.
"My little friend is righteous!"
"Mr. Huo, compared with you, I'm still far behind."
Huo Dong's contribution to the country is unparalleled.
"My dear friend, I have only one request. Before central funds arrive, we must keep Xiangjiang Telecom."
Huo Dong shook Li Qing's hands vigorously.
"Sir, don't worry. If the New World is here, Xiangjiang Telecom will not fall. If Xiangjiang Telecom falls, it means the death of the New World!"
Li Qing promised with a serious look.
Huo Dong nodded vigorously and sighed heavily, "A great hero serves the country and the people! My friend, you can see things more clearly than some people."
"I shouldn't be called a chivalrous person. I'm just a reckless person. Serving the country is what I want."
Li Qing smiled and waved his hand.
After Huo Dong left, Li Qing immediately recruited Fang Ting, Fang Zhanbo and other members of the financial team.
"Fang Ting, stop talking about Zhan Boduo. We have been preparing for a long time and must be optimistic about Xiangjiang Telecom.
From now on, we take whatever they throw away. "
Li Qing looked at everyone and said decisively.
Everyone saw Li Qing's serious expression and knew that this battle would definitely be difficult, but as a native of Xiangjiang, they were all very excited to participate in the battle to save the city.
The next day, as soon as the market opened, international speculators began to sell the 33 constituent stocks of the Hang Seng Index, especially the two largest constituent stocks of "HSBC Holdings" and "Heung Kong Telecommunications".
"Mr. Li, the other party has sold one million shares of "Xiangjiang Telecom" at a price of 20 yuan!"
"purchase!"
"The other party sold 2 million shares of "Xiangjiang Telecom" at a price of 30 yuan."
"purchase."
"The other party sold 3 million shares of Xiangjiang Telecom at a price of 40 yuan."
"purchase"
...
The other party has been testing the strength of the buyer of "Xiangjiang Telecom" and tentatively sold 6 million shares. Li Qing accepted the order.
In fact, this is very irrational, because the other party's price will get higher and higher in the future, and Li Qing will lose more and more.
But Li Qing had to buy it. He promised to stabilize the stock price of "Xiangjiang Telecom" and give Xiangjiang stock investors a shot in the arm.
"It's going up, it's going up, 'Xiangjiang Telecom' has turned green."
“Also HSBC Holdings has turned green.”
"Come on, Xiangjiang Telecom, go up, go up, go up!"
All the investors on the stock exchange stared intently at the monitor, in the sea of red.
There are two stocks that are going against the trend, "Hong Kong Telecom" and "HSBC Holdings".
Everyone's eyes are fixed on the numbers of the two stocks, which are pulled up and down. Every change in the numbers indicates a large amount of trading volume.
These two stocks have obviously become the hope of Hong Kong and all stockholders. As long as these two stocks do not fall, Hong Kong will not lose.
At this time, in the temporary command room of international hot money, Old Man Suo questioned loudly, "Who is behind Hong Kong Telecom?"
He knew that some Hong Kong businessmen would definitely come out to rescue the market, and he also knew that Huo Dong was behind "HSBC Holdings".
With Huo Dong's strength, it is impossible to take over two stocks at the same time, so there must be forces behind "Hong Kong Telecom" that he doesn't know.
"Check, who is the company of New World Financial that acquired the stock."
Old Man Suo said in a deep voice.
"Keep selling, I want to see how much he can take."
The two stocks began to sell in large quantities again, but they were still steadily taken over.
Until the market closed, the two stocks were still going against the trend!
New World Headquarters, Li Qing's office.
"Mr. Li, today we have acquired a total of 20 million shares of Hong Kong Telecom, with a total investment of HK$1.1 billion, and the closing price has exceeded 80 yuan per share."
The staff reported softly.
Fang Zhanbo frowned when he heard the number, "Brother, if we want to maintain the upward trend tomorrow, it will cost more, we..."
Li Qing waved his hand. He knew what Fang Zhanbo wanted to say, but he had to do it. Once "Hong Kong Telecom" turned red, it would be troublesome.
Now "Hong Kong Telecom" and "HSBC Holdings" are a flag. As long as the two flags do not fall, the confidence of Hong Kong people will not fall.
"Go down and rest, tomorrow... will be more difficult!" Li Qing looked out the window with deep eyes.