The Infernal Affairs of Hong Kong

Chapter 582

Before the 90s, the salary of the police was not high, like an ordinary military uniform, the income was about 4000.

It wasn't until the 90s that the salaries of the Hong Kong police increased significantly that Lao Gao and his wife really enjoyed high salaries.

A large part of the income was spent on Zhou Yu's wedding room, and the full amount was 1100 million, so they didn't have much money left, and Zhou Yu took 700 million.

Now the cash is 1650 million.

The crocodile's action has begun!

The first step is to sell foreign exchange. They spent a few months slowly borrowing Hong Kong dollars, and they borrowed a full 2000 billion yuan.

Now, these Hong Kong dollars borrowed locally in Hong Kong have turned into bullets and hit them.

In mid-May, international speculators sold Hong Kong stocks and Hong Kong foreign exchange, and the selling pressure of Hong Kong dollar in the foreign exchange market increased.

Selling a large number of Hong Kong dollars will increase the number of Hong Kong dollars on the market sharply, and the money will be worthless if there is more money.

If you don't care, then in order to prevent the money from being worthless, people who hold Hong Kong dollars will exchange their money for a currency that preserves its value, such as the US dollar.

Hong Kong’s Hong Kong dollar is pegged to the U.S. dollar at a fixed ratio of 7.8 to 1. In this way, a large amount of U.S. dollars and foreign exchange will be exchanged and returned to Ami, causing capital flight and the Xiangjiang market gradually collapsed.

In order to prevent things from collapsing, the Monetary Authority stepped down and took measures to deal with it. With a bloody move, interest rates were raised.

After the interest rate hike, the money on the market felt that the interest rate was good, and the bank could get excellent returns, so the Hong Kong dollar returned to the bank.

There is less money in the market, and the exchange rate market continues to remain unchanged.

However, not only the money in the market thinks the interest rate is good, but also the money in the stock market thinks the interest rate is good, so some people sell the stock and deposit it back to the bank.

The stock market continues to crash.

This is also the killer move hidden by the predator fund!
Borrowing money costs money, and selling goods is just currency for currency. If you really want to make a profit, you have to look at the stock market and futures.

In the second step, they borrowed a large amount of spot stocks that are constituent stocks of the Hang Seng Index.

To put it simply, spend a little interest and ask someone to borrow 100 shares of stock. If you buy it, the original price may be 100 yuan, but the loan only costs 5 yuan, and you can repay it at the agreed time.

Since it was a stock when it was borrowed, it is naturally a stock to repay.

恒指10000点时，这100股股票值100，恒指8000时，这100股股票值80。

They sold at 10000 points and got 100. Then because of the first operation, the stock market crashed and the Hang Seng Index fell to 8000.

So I bought it back at 8000 and returned it. The price difference was 20, and the interest of 5 yuan was deducted, which was equivalent to earning 15 yuan.

This is the space for profit, and it is their intention.

Not only made money, but also knocked down the index, and the leek was cut off with a single knife.

They didn't think it was enough, and the third move of the combined boxing came to the futures market.

Be bearish on the Hang Seng Index and earn another fortune.

Zhou Yu's bullish contract is betting against these people.

The laws of the economic market cannot be shifted by human will, and the bubble will burst sooner or later, but this does not prevent Zhou Yu from taking a bite.

Hang Seng Index fell again to 8000 points.

Zhou Yu rushed to the exchange and bought 25 contracts and stocks as before, spending 200 million.

"Sir Zhou, you can actually wait a little longer, the price will still fall." Luo Minsheng said seriously.

"Just buy it." Zhou Yu didn't need him to trade.

Luo Minsheng was helpless: "Sir Zhou, there has been movement in the foreign exchange market, and the stock market can be said to fall every day. Even if you don't make short-term money, there is no need to send money, right?"

"How about a gamble?"

"How to bet?"

"How much private money do you have, we calculate it according to the rate of return"

"I'm sorry, Sir Zhou, our broker cannot buy and sell stocks."

"It doesn't matter, that's it. Isn't there a simulation? You use 1000 million to simulate the trade. When will the crocodiles leave and when will the settlement be made? It's a bet. The loser is called the other party's big brother."

"Then I made a profit, I can see your positions."

"It doesn't matter, I'm afraid you won't dare to follow if you know."

After spending the money, the reporter friends who were notified by the enthusiastic citizen Mr. Zhou rushed over and blocked Zhou Yu in the trading hall.

Zhou Yu still said: "I firmly believe that the stock market will definitely go up, and I am bullish."

There are really stockholder friends who have heard of it and choose to follow suit.

The next day, many newspapers reported on the incident, which aroused heated discussions.

At the end of the month, the Hang Seng Index fell slightly, and investors who followed the investment suffered a small loss.

In June, Zhou Yu bought several times, and the newspaper reported that he still suffered a small loss at the end of the month.

In June, Zhou Yu bought several times, and the newspaper reported that he still suffered a small loss at the end of the month.

The title given by the media, Tie Wang, Zhou Yu, the little leek, has not lost much and has never won.

Turn time into August, Hang Seng Index 8 points.

Zhou Yu stepped into the trading floor.

He doesn't come many times and stays very little each time, but there are many people who know him.

So a familiar investor asked with a smile, "Sir Zhou is here again, how much do you plan to buy today?"

"Secret, do you want to follow me to buy it?" Zhou Yu also smiled, this guy bought it twice with him.

The stockholder immediately waved his hands and smiled: "Farewell, I have become an air force now, and I am very firm."

"Oh, then we are the enemy." After Zhou Yu finished joking, he didn't care, and went straight to the end of the operation, and then left.

After two months of training, the reporters have learned to be smart now. Why did they come to interview Zhou Yu?

It doesn't take much effort at all, just publish a report, write that Iron King Zhou Yu has another small loss and it's over.

So much so that when Zhou Yu called to inform, the other party lost interest.

On August 8, Xiangjiang Economic News reported that in the second quarter, Xiangjiang’s economy experienced a negative growth of 2%, the unemployment rate rose to 5.00%, and the stock market fell 4.8 points in response.

Shareholders could understand Zhou Yu walking into the trading hall with a sullen face.

Sir Zhou, a staunch short-striker, must have suffered a lot in the past few months.

If it is lost on this day alone, a contract will cost 5000.
"Sir Zhou, don't play, the stock market is really bad recently." Some stockholders lamented together. Now that the interface is opened, it is basically red.

"That's right, Sir Zhou, maybe I'll only be playing for a while." The other party kindly persuaded him.

"Who knows that this news will come out, I'll clear it up first, let's see it later." Zhou Yu shook his head and went upstairs with a wry smile, and cleared up the liquidation.

The necessary acting costs have already been spent, and all Xiangjiang knows that he is a firm bullish, and the rest of the time should be waited.

But there is still something to do, Zhou Yu went to Lao Gao's house after work.

dong dong dong.

"Why are you here alone?" Lao Gao opened the door feeling a bit strange.

"I'm looking for you to borrow the house book and take out a mortgage." Zhou Yu smiled.

When Lao Gao heard that his blood pressure went up, he scolded: "I gave you all my coffin, but you still want to think about my house, you prodigal son."

Needless to say, it must have been lost.

My private money~
If you pay, you will pay, and you dare to come to the door to ask for a house!
"What kind of prodigal son is so ugly." Zhou Yu chuckled lightly: "No compensation, don't listen to the nonsense in the newspaper."

20 is not called compensation, it is called acting cost.

"You still say you didn't pay? The newspapers say you pay every day!" Lao Gao stared.

The news reported every day that Zhou Yu was in dire straits, and he and his wife were too embarrassed to make a special phone call to talk about it.

"Ayu is here, why are you standing at the door and coming in?" Gao Ma said.

"Don't let him in, this little bastard actually wants to mortgage my house!" Lao Gao feels distressed when he thinks of the small treasury, is it easy for a man to save some money?

"Mortgage? Ayu, how much did you lose? If not, forget it."

"I really didn't lose. Isn't this for the purpose of maximizing profits? I think the opportunity is coming." Zhou Yu said sincerely to Gao Mama.

"The risk is very high now. There are many short-term contracts in the market. If you buy up now, you will definitely lose money."

Gao Ma knows a lot about economics.

"I won't buy it now, I'm just preparing, I'm waiting for an opportunity, so raise money in advance."

Gao Ma looked at Zhou Yu's expression and nodded: "Okay, I'll do it for you tomorrow."

"Are you crazy with him?" Lao Gao's eyes were about to pop out, his expression quite disbelieving.

Opportunities are opportunities, there are so many opportunities.

"I believe in Ayu, don't you?" Gao Ma asked back.

The boss said with a serious face: "It depends on what is going on. If you want to talk about the case, I will believe that Ayu said that a dog killed someone who died, but this is the stock market, and he is not professional."

"I'm professional." Gao Ma took it for granted, "I believe that Ayu's judgment is not based on luck and greed."

8500 has been waiting until 9500, really greedy people will definitely wait for the last 500 points, this is human nature.

"Forget it, I don't have a house to live in tomorrow, I'll sleep at your place, anyway, you still have two vacant rooms." Lao Gao hummed.

"I have mortgaged yours, why do you think mine is still there?" Zhou Yu smiled.

Damn it, Lao Gao's face turned black when he heard it, and after struggling all his life, the two big houses that Lin Lao bought were all sold out.

"Ann, I won't let you sleep on the street, Sir Gao." Zhou Yu patted him on the back and smiled, "Mom, I'll go now."

"Well, I'll finish it tomorrow and let you know." It's very simple for the financial secretary to go to the bank to get a loan.

"OK, goodbye."

The next day, August 8, HSBC announced that its performance in the first half of the year had fallen sharply, with a decrease of 3% compared with the same period.

The profit of HSBC Holdings, the parent company of HSBC Bank, also fell by 16%.

As soon as the news came out, the entire Heung Kong was in an uproar, and the stock price plummeted 5.29%. As a heavyweight in the Hang Seng Index, it dragged down the overall market, and the Hang Seng Index fell below the 7700-point mark.

Some stockholders lamented that it was a good thing Zhou sir sold the stock yesterday, otherwise he would have suffered a huge loss today.

In the office, Lao Gao handed out a small bank card, and now the coffin was really pressed up, and he felt like the wind was rustling and the water was cold.

He warned: "You must not go in these two days, you will lose money."

Recently, he has been forced to pay attention to the stock market. Even people like him who don't understand know that the stock market is bound to fall.

I'm getting old, so nervous.

"I know." Zhou Yu took it, waved his hand and left without hesitation.

Looking at Lao Gao, his flesh hurts for a while.

Now that the property market is in a downturn, Zhou Yu's own 1100 million house has been mortgaged for 700 million, while Lao Gao's house is worth a lot, with 1800 million mortgaged.

4130 million, all the money of two generations, it is heavy in the hands, everything is waiting for 6500 points!

On August 8th, following the news of HSBC’s hip stretching, the hedge fund, which had been hiding for three months, believed that the time had come, and made another move, throwing 5 billion Hong Kong dollars in the foreign exchange market. On August 200, another 8 billion Hong Kong dollars were thrown out.

The stock market plummeted continuously.

On August 8, the Hang Seng Index fell below the psychological barrier of 10 points for investors.

On August 8, the Hang Seng Index broke through 11 points.

6500 points are close at hand!
(End of this chapter)