人人做天天爱夜夜爽2020

“Old Fu, if you stand from Taiwan’s viewpoint, their losses will not be high. They might win against Soros if they were to go head-on, but it will be a narrow victory. At least Taiwan’s losses from their economy are much lesser compared to the losses from the Forex market. However, what they did will have an impact on us.” Professor Liang sighed.

“Wait a minute. Hong Kong does not have many trades with Taiwan, and our economies are not closely tied. Even if TWD depreciates, what has it got to do with us?” Fu Rongbing asked.

“SGD had depreciated, and what’s, has it got to do with Ringgit? But after SGD depreciated, Ringgit rates fell even faster. This is a type of herd effect, and Soros is making use of this fear. Taiwan’s foreign reserve is the strongest in Southeast Asia, and if TWD depreciates, it will increase Soros’s momentum!” Professor Liang was utterly disappointed with Taiwan’s decision. They had planned to assist Taiwan against Soros in their financial market initially.

With Taiwan’s strong foreign reserve and the Hong Kong tycoons behind the curtains, a victory against Soros is not a problem. Even if they cannot let Soros suffer massive losses, they can at least make Soros lose his profits from two or three countries he attacked!

But Taiwan refused to face Soros, and this will cause lots of problems. Soros will not continue to attack TWD as this will anger the Taiwanese Government, and if Taiwan implemented some extreme policies in their financial market, Soros would surely lose.

Soros stopped while he is ahead and immediately settled all his TWD future contracts to get a small profit.

With such a significant fund in hand, Soros will not let it idle around. He must either attack another country or choose to attack Singapore, Malaysia, Thailand, etc. again!

Soros felt this is not the right time to attack those countries the second time. Feng Yu had gone to attack those countries, and this is an opportunity for Soros to attack Hong Kong.

The Hang Seng index is currently 12,800 points. Soros had pushed the index up earlier, but Fu Rongqi and the rest pulled it back again, and at the same time, they made those blind speculators cool down. The financial crisis in Asia is about to explode, and this is not the time for anyone to invest in the market.

Some foreign investors started dumping their stocks, making the Hang Seng Index fall slowly. Soros and his men had wanted to build a portfolio of futures contracts but were afraid this might be a trap. If the Hang Seng Index rises suddenly, they will be in danger.

Now, Soros had recovered all his funds and did not need to worry about all these, and he starts to short Hang Seng Index!

……

“Someone is building a portfolio to short the Hang Seng Index. Soros’s attack had started!” He Zhaoji shouted.

Feng Yu stood up and ordered. “Start to buy in Hang Seng Index Futures! Remember to control our funds.”

At the same time, Fu Rongqi, Professor Liang, and Li Zeju gave out the same orders as Feng Yu. They are fighting to defense Hong Kong!

Ren Zhigang, Hong Kong’s head of Hong Kong Monetary Authority, remembered his meeting with Fu Rongqi and the rest a few days ago.

Fu Rongqi told Ren Zhigang that Soros is targeting Hong Kong and will be attacking HKD like what he did with the other countries.

Ren Zhigang thought nothing about Fu Rongqi’s warning as Soros was still attacking Taiwan. How can he come to Hong Kong?

But two days ago, Taiwan suddenly announced that they would stop supporting TWD, and this announcement made Ren Zhigang panic. How did Taiwan lose? If Taiwan can lose to Soros, what will happen to Hong Kong?

Ren Zhigang’s subordinate ran into his office to report on the situation and asked if they should increase their interest rates to increase Soros’s cost, and prevent him from shorting HKD.

If it were before, Ren Zhigang would choose this option. But after Fu Rongqi’s warning, Ren Zhigang chose another solution.

“No. Keep the interest rates and inform the banks to tighten their short-term loans. Get ready to use our foreign reserves. We will buy in whatever HKD they sell, and deposit into the banks!”

“We will need to use a lot of our reserves. What if our reserve runs out?” Ren Zhigang’s subordinate asked.

“Don’t worry. There will be people buying in HKD with us.” Ren Zhigang remembered Fu Rongqi and Superman Li’s promises. Both of them will keep to their words, and they said they would use their funds to buy in HKD.

Also, Fu Rongqi had told him that Hong Kong’s Linked Exchange Rate System is linked to USD, and Soros can’t suppress USD.

7.75:1 is the basic rate and will never change. Even if there are slight fluctuations, it will not affect the economy.

……

Soros is sitting on his sofa with a glass of champagne, preparing to celebrate Hong Kong falling into his trap. He can’t make money from HKD, but if Hong Kong increases its interest rates, the stock market will fall. When the Hang Seng Index falls, he will spread rumors to make it plummet, and he can make money from it.

Suppressing HKD is only a decoy, and this strategy is agreed by Soros’s four top fund managers!

“Boss, Hong Kong is implementing new measures, but it is different from what we expected!” Drucken Miller entered Soros’s office to report.

“Huh? What is the new measure?” Soros suddenly has a bad feeling.

“Hong Kong was imposing a limit on short-term loans and did not adjust their interest rates!”

Soros sat upright. “What did you say?! They did not adjust their interest rates?”

“No. It’s more troublesome for us to get loans in HKD, and the amount is limited. The Hong Kong government used its foreign reserve to buy in all our HKD and then deposited them into the banks, making us suffer losses on the interest.”

Soros put down his champagne glass and tapped on the table slowly. There must be an expert in Hong Kong who saw through his trap. Now, it will become a battle in which the party with more funds will win.

“Has the Hang Seng Index start to fall?”

“It fell a little, and we can recover our interest losses from there. But we might not recover our losses from selling Hong Kong shares at low prices.”

“Don’t worry. As long as the Hang Seng Index falls, we will not lose. Don’t forget that we had secretly built a portfolio in London!”

HKD is one of the more popular currencies on the London Foreign Exchange Market. If they can’t borrow HKD from Hong Kong, they can do so in London. They can continue to dump HKD.

“But this battle will become a race to see who has more funds. What should we do if someone pushes up the Hang Seng Index?” Drucken Miller asked worryingly.

Before Soros can answer Drucken Miller, Thomas, one of the four top fund managers, ran into the office. “Boss, the Hang Seng Index is rising. A huge fund had entered the market to push up the Hang Seng Index!”