Chapter 135: Battle to Defend Hong Kong (5)
Funds from the mainland and the Hong Kong government were successively invested in the stock market to rescue it.
In order to defend Hong Kong as a financial bridgehead, the country is willing to do anything at all costs.
Li Yiwen summarized the information he had collected and presented it to Lu Yiming, saying, "Many of Hong Kong's local wealthy families are not optimistic that the Hong Kong government can win this financial war."
Over the past few days, Lu Yiming has been selling high and buying low, which has helped to defend the stock market and made a small profit, but the overall trend of Hong Kong stocks is still bleak.
Lu Yiming seemed to have it all figured out, and said with a smile, "The local wealthy families in Hong Kong are nothing but a bunch of short-sighted people. Don't think they have much foresight."
This is not a mockery, but a statement of fact.
Li Zekai once had the opportunity to surpass his father in the business field as long as he did nothing, but he sold his Tencent shares for US$40 million.
And this part of the stock was later worth one trillion.
Typical colonial investment thinking has made these business tycoons only know how to make money through "exploitation". They are extremely short-sighted and know nothing about the development of science and technology, and have missed the entire Internet era.
Unlike these old money people, Lu Yiming felt that he was at least a man with dreams.
Lu Yiming patted Li Yiwen on the shoulder and looked through the French window at the bustling Hong Kong: "You can't just think about making money, you have to have dreams, you know? If you don't have dreams, what's the difference between you and salted fish?"
What Li Yiwen hates most is bosses who talk about dreams to their employees . For example, his previous boss always said that he wanted to be the boss of smuggling trade, but after tinkering with it for so many years, he still had no achievements.
Now when he heard Lu Yiming talking about his dream again, he immediately sneered: "Then tell me, what is your dream?"
Lu Yiming looked deep in his eyes and said without hesitation: "Change the world."
"cut……"
Li Yiwen silently raised his middle finger to Lu Yiming in his heart: "If you want to change the world, become a scientist."
Lu Yiming sighed helplessly and said earnestly: "You don't understand, what our country lacks now is scientists? What it lacks is money. Those who make missiles are not as good as those who sell tea eggs. What's the point of doing scientific research without money?"
Obviously, R&D cannot be done on a whim; it requires huge amounts of R&D funds.
That's why Lu Yiming came to the stock market to reap the profits. Making money has never been his goal, but a necessary means to achieve his goal.
"Buffett once said, 'When others are fearful, I am greedy; when others are greedy, I am fearful. Now that everyone is waiting and watching, it reflects our ideological awareness and patriotic enthusiasm."
Seeing Lu Yiming's rippling smile, Li Yiwen suddenly felt a little toothache, and said with a vigilant look: "What kind of trick are you going to do?"
Lu Yiming said proudly: "In the future, capital needs to be high-profile. I will declare war on Soros!"
Li Yiwen was so frightened that he almost pushed open the floor-to-ceiling window in front of him and jumped down.
"Are you fucking crazy? If you do this, our future capital will be directly targeted! There are so many people in the world shorting, and if everyone spits on us, we will be drowned!"
Lu Yiming looked out the window with his hands behind his back, and said with a sigh, "Do you see this beautiful land in front of you? Have you heard of buying horse bones for a huge sum of money? If we stand up now, we will certainly become the target of international hot money, but we will also gain the favor and support of the country. This is the East, our territory is ours, and it is not a hunting ground where international hot money can run rampant."
Li Yiwen finally understood that Lu Yiming was sure of the country's fate.
But the country is so huge that Hong Kong is not even the size of a sesame seed on a national map with a million-scale. Will the country really use financial means and do its utmost to intervene?
Li Yiwen didn't dare to guarantee it.
Starting from August 5, several European and American investment banks and hedge funds launched a massive attack on Hong Kong's foreign exchange market, stock market and Hang Seng Index futures market at the same time, frantically selling Hong Kong dollars and Hang Seng Index futures in Hong Kong.
Among them, the most aggressive team was the Quantum Fund under the Wall Street tycoon Soros.
In just one day, international hot money sold more than 20 billion Hong Kong dollars in the Hong Kong market. The next day, another 20 billion was sold.
Currently, Future Capital’s total fund pool is only 2 billion!
It is not even a fraction of what others invest in a single day. A slight wave can capsize this small broken ship of Future Capital on the spot.
Instead of keeping a low profile and making a fortune quietly at this time, he is actually thinking of making a high-profile appearance and attracting hatred. This idea is outrageous!
Soros's short selling of the Hong Kong dollar in the foreign exchange market will inevitably force the Hong Kong Monetary Authority to resort to the old trick of raising interest rates and thereby suppress the stock market.
As interest rates rise, the stock market is bound to fall, and the Hang Seng Index futures will also decline simultaneously. Then speculators can short sell the Hang Seng Index futures at a lower price in the futures market, making profits in both the foreign exchange market and the stock market.
If international hot money concentrates its firepower on destroying the stocks held by Lu Yiming, it could directly cause Future Capital to go bankrupt.
By then, Lu Yiming won’t be able to handle the users’ rush to withdraw money!
At this time, Wei Liqun came in and reported to Lu Yiming: "Boss, there are quite a few short-order betting contracts for the Hang Seng Index in the futures market. Do we really want to take them?"
Li Yiwen was shocked when he heard this: "Didn't you swear to defend the Hong Kong stock market to the death? How dare you touch the Hang Seng Index futures? Do you think you can't die quickly enough?"
The so-called trading of Hang Seng Index futures refers to trading the rise or fall of the Hang Seng Index on a certain date in the future.
The price of each Hang Seng Index futures contract is the Hang Seng Index of that day multiplied by HK$50. For every point that the Hang Seng Index drops, the buyer of the futures contract loses HK$50 per contract, while the seller earns HK$50 per contract.
According to this calculation, if a financial speculator sells a Hang Seng Index futures contract expiring in August when the Hang Seng Index is at 10,000 points, and then tries his best to drive the Hang Seng Index down to 6,000 points, the speculator can buy back the contract to close the position and make a profit of 200,000 yuan.
If the speculator has 10,000 contracts, the return will be 2 billion yuan.
Such high returns naturally attract people. As long as you are brave enough, getting rich overnight is a piece of cake.
Of course, if you lose the bet, it will be worse than going to Australia Island.
After all, if you lose money in Australia, you lose it one lot at a time. If you lose money in futures trading, you may lose everything in just one second.
Lu Yiming thought about it and immediately clapped his fist: "This is your first time playing with Hang Seng Index futures, so you can't buy too much. Just be safe and buy 20,000 shares first. The delivery date is set on August 25th."
Li Yiwen suddenly understood why Chen Jiahua jumped off the building.
If we lose this wave, we will have to pay 4 billion.
It would be better to just die.
Wei Liqun also felt that the new boss's approach was really wild. How could he go all in right from the start?
