Chapter 285 The Battle for a Financial Nation
"Boss Li, why are you in such a hurry? Haha, you are too polite. You even gave me some interest. You are doing things for the country. This is setting me up for injustice!"
Jiang Sheng on the other end of the phone said haha.
He didn't expect Li Qing to pay back the money so quickly. Logically speaking, the money should be paid back after the Xiangjiang government re-acquired Xiangjiang Telecom.
Unexpectedly, Li Qing was so generous and not only paid back the money, but also paid interest.
Jiang Sheng secretly admired Li Qing. There are not many club bosses who are so particular in today's society.
"Boss Jiang, you are joking. I can't let you suffer any loss, right? I have already told them about this matter, so Boss Jiang can relax."
Li Qing said with a smile.
Jiang Sheng was also very happy after hearing the key words. He did not refuse and expressed his gratitude to Li Qing again and again.
After saying a few more compliments, Jiang Sheng hung up the phone and sighed: "Li Qing is worthy of being a big boss in the new world. He is righteous and generous!"
...
The Hong Kong stock market has been turbulent in recent days, and the two sides have continued to compete in the Hong Kong stock market.
Various moves are coming and going, and I don’t know how many people around the world have been touched.
Everyone is watching this financial defense battle in Hong Kong.
On a new day, the stock market opened with a decline, SLS took the lead and the Hang Seng Index continued to fall.
Immediately afterwards, central funds quietly swallowed countless selling orders, and the Hang Seng Index bucked the trend and began to climb steadily, rebounding 560 points before closing, with an increase of as much as 8.47%. .
It was also on this day that the Hong Kong government announced that it would officially enter the stock and futures markets. While maintaining the exchange rate, it would never allow international hot money to make money in stock index futures.
At the same time, authoritative domestic media released a message: Xiangjiang's status as Asia's financial center will be ensured at all costs and will never waver!
It demonstrates China's determination and once again undermines the confidence of international hot money.
On the 28th, the clouds turned sunny, which was the day for futures delivery.
The Xiangjiang government, which has always played the role of a buyer, changed its normal behavior and stopped buying all stocks and futures, and took the initiative to short-sell Hang Seng Index futures.
New World Mongkok Headquarters.
Li Qing and Fang Zhanbo are paying attention to the stock market.
"Brother, the Xiangjiang government's strategy has changed."
Fang Zhanbo said after thinking for a moment.
Li Qing nodded. Although he didn't know the details, he knew that the central government seemed to want to set the decisive battle today.
If it weren't for the lack of funds, he would have to follow the country's lead whether life or death.
International hot money quickly followed suit. In just two minutes, the Hang Seng Index fell sharply by 160 points, and futures fell by nearly 300 points.
What they didn't expect was that the Hong Kong government turned around and bought a large amount of stocks and Hang Seng Index futures to "recover lost ground."
The international hot money represented by SLS was directly stunned by the Hong Kong government.
However, after a short period of thinking, SLS decided to short the Hang Seng Index August contract at 7,500 points.
In other words, 7500 points is the life and death line in the decisive battle between the Hong Kong government and international hot money.
The two sides began a decisive battle on 33 constituent stocks. International hot money already had very few shares of "Xiangjiang Telecom" in its hands, and Li Qing steadily took it no matter how much he offered.
In just a few minutes, tens of millions of stocks were sold by international hot money, and the Hong Kong government, with the support of central funds, directly accepted all the orders.
In the five minutes after the market opened, the trading volume exceeded HK$3.9 billion, and in the morning, the trading volume exceeded HK$40 billion.
Li Qing secretly smacked his tongue when he saw this.
In the afternoon, the "war" was even more intense, with an average of tens of millions of Hong Kong dollars and US dollars worth fighting every minute!
At this time, SLS changed its strategy and concentrated funds to launch an attack on "HSBC Holdings".
The Xiangjiang government also responded calmly, and both sides pressed their chips here.
Just to prevent HSBC Holdings from falling by 50 cents, the two parties spent 30 billion Hong Kong dollars.
Because HSBC Holdings fell by 50 cents, the entire Hang Seng Index would fall by dozens of points.
However, with the support of central funds, the Hang Seng Index and futures index have always remained above 7,800 points.
At four o'clock in the afternoon, the closing bell rang and the Hang Seng Index futures settled at 7829 points, while the Hang Seng Index futures settled at 7851 points.
It greatly exceeds the cost line of 7,500 points for international hot money.
In layman's terms, if the Hang Seng Index is below 7,500 points, international hot money will make money; if the Hang Seng Index is above 7,500 points, international hot money will lose money.
Xiangjiang fought off international hot money and successfully defended it!
If the War to Resist U.S. Aggression and Aid Korea is the battle to build our country through military means, then the battle to defend Hong Kong’s finances is the battle to build our country through finance!
...
At the International Hot Money Temporary Headquarters, SLS sat slumped on the chair. This time, it failed to block the Hong Kong financial market.
SLS can still bear this failure, but several other big names in international hot money have indeed suffered heavy losses.
A group of people looked at SLS eagerly.
"Collect funds and attack the Korean market. The money lost in Xiangjiang must be recouped."
SLS adjusted his mentality and continued to cheer up. This is his strength, he has a "big heart" that is different from ordinary people.
I have to say that he found the right target in South Korea. South Korea's bubble economy has reached its peak and now only needs a needle to pop it.
He firmly believes that he can definitely make a fortune in South Korea!
...
"It's finally over!"
Li Qing sighed. The transaction volume on the last day reached HK$79 billion.
The confrontation between the two sides was exciting, but Li Qing felt that SLS was a little too big.
Although he claims to be rich enough to rival a country, that is just a claim.
Compared with China, he is still far behind.
"Yeah!"
Fang Zhanbo next to him also sighed. Compared with SLS, he, a stock market genius, felt a little ashamed.
"Crow, let Xiao Ma destroy the remaining counterfeit banknotes."
Li Qing did not forget about the counterfeit banknotes and gave the order directly.
Now that the financial defense war in Hong Kong has been won, those counterfeit banknotes are naturally no longer needed. It is best to destroy them.
Even if they ship in the future, they insist on not shipping in Hong Kong.
The next day, New World directly announced that it controlled "Hong Kong Telecom", which surprised many people.
Only then did they realize that the big crocodile who had been buying "Hong Kong Telecom" was actually New World Group.
Almost all Hong Kong people have a better impression of New World. After all, they participated in the protection of the market and deserve the respect of all Hong Kong people.
Only one person was extremely unhappy, and that was Jiang Sheng, the boss of Xinji.
He smashed his beloved teacup in a rage, "I was wondering why Li Qing paid back the money so quickly, it turns out he was waiting for me here.
I even praised him for being righteous, what a righteous man!"
If he had a share in "Hong Kong Telecom", he would probably wake up laughing in his dreams.
He really didn't expect that the Hong Kong government would allow private holdings of "Hong Kong Telecom".
"How sinister, you are worthy of being the one who made New World a multinational in just a few years."
Jiang Sheng became more and more angry as he thought about it, and smashed another teacup directly, "What use do I have for you, you are so mad at me."
Unexpectedly, his blood pressure soared, and he was hospitalized directly.
"Jiang Sheng is hospitalized?" Li Qing said in surprise.
"Well, it seems that his blood pressure is too high." Crow scratched his head, he also heard about it from his younger brother.
"Hey, people should exercise more and smoke less cigars and so on. Send me a fruit basket to show your concern."
Li Qing sighed and shook his head.