Return to Singapore 1995

Chapter 514 Hong Kong Island Final Battle 3: Armor Shines Towards the Sun and Golden Scales Open!

Black clouds are pressing down on the city, threatening to destroy it, and the light of armor opens towards the golden scales of the sun!

On the evening of the 27th, the final battle was about to come.

In the early morning, the Hong Kong Observatory issued a thunderstorm warning, indicating that a storm not seen in a century was coming.

That night, almost no one fell asleep on both sides of the Hong Kong River.

Late at night, the lights are brightly lit in the office building of the Financial Secretary of the Hong Kong Government. The Chief Executive and the person in charge of the Financial Secretary are listening to the traders' "review" situation in the past few days and the action plan for tomorrow's decisive battle.

The eyes of the person in charge of the Financial Secretary were bloodshot. He had hardly slept well these days. He cried several times in the middle of the night, fearing that he would lose all the wealth of the people of Hong Kong and jump from the building without redemption...

The traders of the Hong Kong government report to the person in charge of the Financial Secretary and the Chief Executive that there is always a mysterious "alliance" fund helping the Hong Kong government these days.

For example, this morning, on Hong Kong Telecom, a blue-chip stock, a Hong Kong government trader placed a purchase order of HK$100 million, and all orders were completed in less than 9 minutes.

The turbulent selling and tragic situation that day was unprecedented. The Hong Kong government traders and the red vests of many securities brokerage companies were stunned.

During the day on the 27th, the 20 billion Hong Kong dollars used by the Hong Kong government were mainly on the 33 Hang Seng Index constituent stocks, because they have the greatest influence on the weight of the Hang Seng Index and play a decisive role.

Divide HK$20 billion by 33, and each Hang Seng Index component will receive around HK$600 million in pallet funds.

In 9 minutes, 100 million Hong Kong dollars were gone!

The actual trading time of Hong Kong stocks is 4 hours and 240 minutes. If calculated according to this transaction speed, it would take HK$2.6 billion to hold on.

This scene made the trader responsible for holding on to the blue-chip stocks of "Hong Kong Telecom" break into a cold sweat.

Just when he was trembling and hesitating whether to use his limited funds to place a buying order, someone suddenly placed a new buying order of HK$200 million on "Hong Kong Telecom".

This 200 million Hong Kong dollar buying order temporarily withstood the surging selling, allowing the Hong Kong government traders to breathe a sigh of relief and relieve their tension...

Afterwards, traders inquired about it and found out that the mysterious funds were said to come from Singapore and the United States.

On August 28, it was dawn.

Li Xiaofan got up early, left the Peninsula Hotel where he was staying, and went for a morning run along Victoria Harbor in a light shower.

After coming back and taking a shower, I asked Zhou Xiaoqing, Wang Danrong and others to go to Nathan Road for morning tea.

Tired of the exquisite morning tea at the Peninsula Hotel every day, Li Xiaofan prefers to have breakfast at the Nathan Road Tea House, which smells like incense.

When Li Xiaofan and the others arrived at the Nathan Road Teahouse, the shower stopped, and the morning sun actually peeked out from the dark clouds, casting a few rays of sunshine.

There are several teahouses on Nathan Road. They are open on the top floor of the building and have no air-conditioning. They have lattice window grilles. The morning sunlight shines through the windows and shines on the mist from boiling water and cigarettes, forming streaks of light that emit from the birdcages hanging in the corners. The whine of the crowd, mixed with the dim sum girl’s hawking, became the symphony of Hong Kong at dawn.

Li Xiaofan chose this teahouse with a history of decades, and its products are always the most stable and fresh. The interior decoration of the store is full of special artistic atmosphere, as if there is no other store in the world.

The specialty of this breakfast shop is that it makes delicious boiled tea. It prints different dim sum orders every week and steams them immediately. It never compromises. It is rare to find a place with such high requirements.

Li Xiaofan likes their pineapple oil buns and porridge the most.

The pineapple buns are freshly grilled into a large size, with a very crispy outer skin. The butter melts into one, and the aroma is full of flavor in one bite, and the price is cheap.

A big bowl of porridge with ever-changing combinations, including fish clouds, fish belly, fish bones, dace balls, pork balls, rice rolls, pork belly, pork belly, pig heart, chicken, beef and preserved eggs. You can order a plate of sashimi and add it to the hot porridge until it becomes half-cooked, which is extremely delicious.

Li Xiaofan, who was eating with gusto, looked at Zhou Xiaoqing and Wang Danrong in front of him with sad faces and sleepy eyes, and said strangely: "Hey, two beauties, what's the matter? Doesn't this morning tea shop taste bad? This shop belongs to the gourmet Cai Lam Recommended!”

Zhou Xiaoqing said quietly: "No, Director Li, the two of us didn't sleep well last night because we were worried about today's Hong Kong stock market. You have staked all the wealth and life of our group! The two of us were on the Internet and TV all night last night , looking at reports from overseas financial media, it seems that everyone is not optimistic about the Hong Kong government and Hong Kong stocks today..."

Wang Danrong took a sip of milk tea and said worriedly: "Yes, Director Li, yesterday you margined another 5 billion Hong Kong dollars. Once international speculators succeed today, if Hong Kong stocks plummet, our group's huge investment in Hong Kong stocks will not only be wiped out, but also We will be in huge debt, not only for you and the company, but also for our future..."

Yesterday, on the 27th, Li Xiaofan raised HK$5 billion from securities firms and banks on Hong Kong Island through margin trading in Hong Kong stocks.

The word "margin" in Hong Kong stock trading mentioned by Wang Danrong is transliterated from the English Margin, and Margin is the margin. In the Hong Kong stock trading market, "margin" is the name for the leveraged trading system, also known as margin trading. It is an advanced financial derivative product and one of the fastest-making investment tools. If we compare real trading to walking, leveraged trading is equivalent to flying. This is the best way for investment to reach the target return as quickly as possible. But it is also the riskiest transaction. If the underlying asset plummets and hits the liquidation line and is forcibly liquidated, all previous investments will be wiped out instantly.

Normally, brokerages and banks on Hong Kong Island only provide this service for buying and selling some large blue-chip stocks in order to control risks, and will also adjust the margin ratio based on the fluctuations of individual stocks.

Before August 14, the continuous decline caused local securities firms and banks on Hong Kong Island to almost stop margin trading of Hong Kong stocks and be very cautious.

The brilliant performance of Hong Kong stocks in the past few days and the Hong Kong government's entry into the market have allowed local securities firms and banks on Hong Kong Island to regain confidence. Moreover, what Li Xiaofan and the others bought were the 33 large blue-chip stocks of the Hang Seng Index in Hong Kong stocks. After a comprehensive evaluation, Li Xiaofan obtained about HK$5 billion in financing from a dozen securities firms and banks.

After hearing this, Li Xiaofan laughed loudly: "So you are worried about being laid off and losing your job, so you can just have your morning tea without worry. I already asked the local Wong Tai Sin in my dream yesterday. In today's decisive battle, Hong Kong Island will definitely win. We will also achieve the final victory! After today’s decisive battle, I will give you a big red envelope for your vacation tomorrow. You all can take the red envelope to relax and take a good vacation..."

Seeing that boss Li Xiaofan looked confident and confident, Zhou Xiaoqing, Wang Danrong and others gained an appetite.

While having morning tea, the hosts on the TV program on the wall and the topics discussed by the tea guests nearby were all about today's Hong Kong stock market showdown...

Today is the settlement day of Hong Kong stock Hang Seng Index futures, and it is also the day of the decisive battle in the financial defense battle on Hong Kong Island.

Today is also the last chance for international speculators led by Soros to short the Hang Seng Index of Hong Kong stocks. Whether the large number of bearish futures purchased previously can make money depends on today's wave.

The settlement price of Hong Kong stocks' Hang Seng Index futures is the average of the Hang Seng Index quotes every five minutes on that day. Therefore, to raise the settlement price, it is necessary to ensure that the Hang Seng Index moves steadily.

To achieve this goal, the Hong Kong government and international speculators must do their best to fight for every inch of land.

On this day, Li Xiaofan and millions of Hong Kong people locked their eyes on the Hong Kong stock market on TV financial channels and computers. Everyone's eyes were fixed on the fast-beating Hang Seng Index, and everyone was sweating.

At this moment, many Hong Kong Island citizens no longer care about whether their property has shrunk. In a true sense, they share the same fate, glory and disgrace with the city of Hong Kong Island!

After breakfast, Li Xiaofan led everyone to the Bank of China Tower.

At 10 a.m., Hong Kong stocks opened and the decisive battle began.

Chapter 543/562
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Return to Singapore 1995Ch.543/562 [96.62%]