Silicon Valley

Chapter 427 Hong Kong Financial War

The sudden resignation of ATV Group CEO Zhu Zhenguo would have caused a huge sensation in the Hong Kong media, but at this time, this matter is insignificant compared with Soros's attack on Hong Kong's economy.

The newly appointed CEO of ATV Group is a strong woman, 46 years old, graduated from the University of Hong Kong and has more than 20 years of work experience in TV stations. Strong women shouldn't be able to do things that follow the rules! Of course, this is not the point, the point is that this strong woman has excellent abilities.

Her name is Guo Zhizhen, she is of medium stature and overweight, with short hair and capable of doing things resolutely!

It is said that there are three fires when the new official takes office. As soon as Guo Zhizhen came to power, he corrected the bad atmosphere within the company, and all the people who were in the same boat as Zhu Zhenguo were expelled by her. In one day, hundreds of people were burned with squid. Inside the company, Guo Zhizhen was privately taken by an employee as a "demon head" outside the account, which can be said to be feared by everyone!

Hong Kong, the mountains and the rain are coming and the wind is blowing!

Soros is aggressive, and there is a group of international hot money, raising hundreds of billions of dollars. In terms of financial resources, it is naturally much stronger than Hong Kong, which is a small place. It is no wonder that Soros is so rampant.

After the opening of the Hong Kong stock market on August 5, the stock market fluctuated greatly.

Some people suddenly sold more than 40 billion Hong Kong dollars in the stock market, causing huge panic among Hong Kong stockholders. At the same time, the Hang Seng Index plummeted, and the stock market went red!

The Hong Kong stock market is in the red as opposed to mainland China, where red is down and green is up.

Obviously, Soros launched a violent attack on Hong Kong!

In Li Jiacheng's mansion, Hong Kong's richest people gather here.

"Soros has attacked, it's time for us to fight back!" Li Jiacheng said indifferently, without showing any nervousness, and gave orders, "As much as they sell, we will take as much as we can to stabilize the Hong Kong dollar and not depreciate!!!"

"Ms. Guo, I hope that ATV can publicize our determination to protect Hong Kong, so as to enhance the confidence of ordinary shareholders!" Li Jiacheng turned to Guo Zhizhen and said, "At this moment, although the strength of Hong Kong shareholders is loose, it is twisted into a rope. The power will be stronger than those of us rich people. So the power of the media is crucial!"

Guo Zhizhen nodded and said: "Don't worry, Mr. Li, ATV Group will work hard to enhance the confidence of shareholders! During Soros's attack on Hong Kong's economy, ATV will set up a special program to report the counterattack of the Hong Kong stock market 24 hours a day!"

Li Jiacheng nodded, then took ten steps forward, and came to the two people, he first pointed to a middle-aged man who was sitting on the left, about forty years old, and introduced: "This one Everyone must be familiar with it. It is Ke Xiuwen, the financial secretary of the Hong Kong government. As for the other..." Li Jiacheng paused and said, "He is from the Chinese government, Mr. Tang Yongan."

"Mr. Tang came to Hong Kong this time and brought a team of more than ten people, including representatives of the four major banks in mainland China. They will provide financial assistance to us and jointly fight off international speculators such as Soros!"

Tang Yongan was bald, wearing a pair of gold-rimmed glasses, in his fifties or sixties, in a suit and leather shoes, and a purple tie. He smiled, stood up, stretched out his hand to greet everyone, then took Li Jiacheng's words and said loudly: "In recent years, although Soros has frequently succeeded in the stock market, many countries have been frightened, but this time is different. , he will definitely lose Maicheng!" Speaking of this, Tang Yongan paused, raised his head, and showed a confident smile, "Because the Chinese government will at least give 50 billion US dollars to help the Hong Kong government!"

Ke Xiuwen also stood up and said loudly: "This time the Hong Kong government will not sit idly by, and with the support of the Chinese government's savings, I believe that Soros and other international speculators will undoubtedly lose. China is a powerful country far beyond Thailand. Great powers, we not only have to repel Soros and the others, but also make them suffer heavy losses! We will use our actions to prove that Hong Kong is by no means a soft persimmon!!!”

Soon, the more than 400 Hong Kong dollars sold by Soros and others were all collected by the Hong Kong government and the rich.

International speculators then sold short stocks and futures in the stock market, which greatly suppressed the Hang Seng Index and the futures index, causing the Hang Seng Index to plummet, such as Cheung Kong Holdings, Hong Kong Telecom, Standard Chartered Bank, ATV Group, Henderson Land Development , Wharf Group, etc. have become the target of attack.

The bad news in the securities market is flying all over the sky, and speculators take the opportunity to spread rumors.

"The Hong Kong dollar can't stand it anymore, it will depreciate soon, and it will depreciate by more than 10%!"

"The Hong Kong dollar is about to decouple from the US dollar and depreciate by 40%!"

"The Hang Seng Index is about to fall again!"

"..."

In fact, what Soros and others have done against the Hong Kong dollar is only a superficial attack, and the stock market and futures market are the real main targets. At this moment, the daily trading volume of the Hong Kong stock market is as high as 70 to 80 billion Hong Kong dollars, far breaking the previous record. Just looking at it makes people feel extremely shocked.

This is so thrilling!

Many ordinary shareholders were frightened, and speculators took the opportunity to spread rumors, and panic spread immediately.

At this time, ATV Group actively promoted the news of the Hong Kong government and the rich people saving the market on the TV station, spreading positive energy, thus stabilizing the emotions of a large number of investors.

"The Financial Secretary of the Hong Kong Government, Ke Xiuwen, has finally done a good deed!"

"The Hong Kong government took the initiative to rescue the city, great work!!! Support Ke Xiuwen, support the Hong Kong government!"

"..."

In a villa compound, Ke Xiuwen said with a wry smile: "I have been an official all my life, and I have been scolded all the time. The emails or faxes sent by the citizens are all criticizing me. But only now, they are all praising my voice!"

Tang Yongan smiled and said, "Haha, I have been scolded for being an official in mainland China..."

The two looked at each other and laughed in agreement.

...

On the other side of the ocean, a reporter from ABC TV interviewed, "Mr. Soros, has the Quantum Fund been shorting the Hong Kong dollar and Hang Seng futures?"

Soros laughed, nodded without concealment and replied, "That's right!"

"Then, is there any chance of the Hong Kong government uniting with the major Hong Kong tycoons to win?" the reporter asked.

"The Hong Kong government will lose!" Soros said decisively, "Because of the economic recession in Hong Kong, the Hong Kong government will end in failure in this 'war'!!!"

Soros is right, but because the Hong Kong government has the support of mainland China, it has strong financial resources. Not long after, the Hong Kong government ordered to absorb the blue chips of the Hang Seng Index at all costs, and abruptly raised the futures index for August by 600 points. However, Soros and others have been planning for a long time, so how can they give up easily? Since the August futures index has been raised by the Hong Kong government, the contract for short-selling futures will be extended from August to September. Soros believes that the Hong Kong government is not financially strong and cannot support it for a long time. war!

But Soros counted everything, but he didn't count that the Chinese government would contribute money to help Hong Kong, so he failed in the end, and no one can blame others.

For Hong Kong, the longer it lasts, the better for Hong Kong. Because when Soros first entered Hong Kong, Hong Kong citizens were still quite afraid of him. After all, Soros was famous for his fierceness and piercing ears. However, the longer it drags on, the more people feel like a paper tiger. People will think in their hearts, Soros is not terrible, you see, Soros has attacked Hong Kong for so long, but he still has not succeeded...

(To be continued ~^~)

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