Rebirth 98, the rise started from ripping off Microsoft

Chapter 133 The Battle of Xiangjiang (3)

As early as the end of July this year, there were rumors in the black foreign exchange market in China Overseas that due to floods, the yen crisis and many other factors, the value of the renminbi could hardly be maintained.

As a result, the exchange rate of RMB against the US dollar on the black market fell to 8.70, 8.28% lower than the official exchange rate of 5.00.The rumors also prompted investors to sell B-shares to cash in and buy dollars. On July 7, B-shares fell by 28%, hitting a record low.

For a time, news unfavorable to the renminbi came one after another, and many investors couldn't help but began to wonder how long the renminbi could last.

On August 8, the exchange rate of the yen against the U.S. dollar broke through the important threshold of 3, and the citizens of Zhonghai went to the black market to exchange U.S. dollars at high prices.

On this day, the RMB black market exchange rate reached 8.8 yuan to 1 US dollar.

Lu Yiming and Li Yiwen were looking for useful information in the piles of newspapers and magazines in front of them.

Suddenly, Lu Yiming was holding a newspaper and saw a report that interested him: "The black market price of RMB in Zhonghai has actually dropped to 1 RMB per US dollar, which is nearly 9.2% lower than the official exchange rate." ah."

Li Yiwen was puzzled: "Why are you following these news?"

He actually didn't understand what this had to do with the Xiangjiang Financial Defense War.After all, these news contents show an overview of domestic economic development.

Lu Yiming sighed, and said: "Actually, a lot of news can be analyzed from the newspapers. At present, the domestic economic development has not slowed down, but the black market exchange rate of RMB has fallen like this. It is obvious that someone is secretly manipulating it. This move by Xiang Zhuang Sword dancing is aimed at Peigong, and Xiangjiang is that Peigong."

Li Yiwen was a little shocked: "How do you know it's Xiangjiang?"

Lu Yiming made a serious analysis and said: "The depreciation of the renminbi is bound to deal a heavy blow to Xiangjiang's linked exchange rate system. This information will undoubtedly further stimulate Xiangjiang's stock market and foreign exchange market. At present, Xiangjiang is the financial center of Asia and the most frequent foreign economic activity in Asia. The transit station. Where else could it be if it’s not here?”

Li Yiwen was about to speak when Ren Junle knocked on the door and came in, saying repeatedly: "Boss, I have observed an abnormal phenomenon."

"Say."

"Because of the softening of the New York stock market, the Xiangjiang stock market fell as much as 299 points today, and the situation will continue to decline. I think it is too risky if you continue to go long."

The implication is to let Lu Yiming follow the trend of international hot money and make short money together, there is no need to "go against the trend".

Lu Yiming teased: "As a mainlander, I am determined to defend Xiangjiang, but as a native of Xiangjiang, it is inappropriate to say that?"

Regarding Lu Yiming's ridicule, Ren Junle remained expressionless, still maintaining her coldness, and her tone of voice was more like an emotionless money-making machine, and she seemed to respond very rationally: "I just give a rational If you want to make profits in the stock market, you must abandon the interference of emotional factors and try to make rational judgments and choices.”

Ren Junle doesn't think there is anything wrong with her idea, she just uses the rules reasonably to make money, and it is not illegal, why can't she do it?
As for those who are patriotic and not patriotic, how much is patriotism worth?

What's more, Ren Junle doesn't have any national identity at all.

At present, the island country has been unable to recover, and the listed companies of Xiangjiang have announced their mid-term results one after another. Various unfavorable news have come one after another. Cathay Pacific Company has lost money for the first time in more than 50 years. The profits of Swire and HSBC have fallen sharply. investors panic.

The gathering of these bad news will undoubtedly become a signal for international financial speculators to attack Xiangjiang.

Anyone with a little understanding of finance can judge how bad the future situation is.

In the eyes of many people, it is better to make money first and live a good life than to live and die with Xiangjiang's stock market with loyalty.

Lu Yiming himself has patriotism, and it swells to overflowing, but Ren Junle doesn't have it.

However, Lu Yiming will not forcibly change Ren Junle's three views. He knows that with someone like Ren Junle, all he needs to do is talk about money.

"You're right, but not quite right. With Soros and other international hot money, how much money can we make in terms of the size of our future fund? It would be good to eat some leftovers. What's worse? The situation is that you can’t even eat leftovers, so why bother to risk getting blacklisted to earn this hard-earned money?”

Ren Junle considers issues purely from the perspective of a trader, and feels that capital has no borders, and making money has to be done in business.

But Lu Yiming is not stupid, he will have to hang out in the country in the future, isn't it courting death to short Xiangjiang?
It's okay to be on the government's blacklist?
Picking sesame seeds and throwing watermelons, Lu Yiming, who has received nine years of compulsory education, can't do such a stupid thing.

The mainland is now at a time when its economy is taking off, and the ground is full of gold, and there are countless opportunities. Even Soros's size, after ten or eight years, it is estimated that he will not be ranked in the country.

Running to follow Soros to make a little money now will prevent you from making big money in the future, but anyone who has memorized the multiplication table will definitely not be able to do such a stupid thing.

Lu Yiming didn't intend to explain too much to Ren Junle and others, because saying this to a person who fundamentally doesn't believe that the country can rise is no different from playing the piano to a cow.

However, morale still needs to be boosted, lest they be perfunctory and not work hard.

After organizing his language a little bit, Lu Yiming said to everyone solemnly: "A person must have backbone, even if he has no backbone, he must have ambition and courage. Only by cutting off Xiangjiang's stockholders can he earn some money. If we want to cut it, we must Cut off the fattest ones!"

Ren Junle slandered endlessly in his heart.

This boss is really out of his mind, he really thinks he can harvest international hot money?
Seeing that Ren Junle didn't take it seriously, Lu Yiming raised his eyebrows, and looked at her delicate face with a smile on the corner of his mouth: "Why? Don't you believe me?"

Ren Junle did not answer, but said: "Boss, I think it is better for the Future Fund not to be too ambitious. You are from the mainland, and you may not know how powerful Soros' Quantum Fund is, let alone the international hot money like a pack of wolves. These bloodthirsty financial predators have astronomical funds in their hands, and they cannot be defeated by patting their heads."

She is not Lu Yiming's employee, she just takes money to do things, not to mention that Lu Yiming is only a boy from mainland China, so she is not polite at all.

However, Lu Yiming's attitude towards this matter is very tough: "No, it's because you don't understand how powerful our country is and how strong our determination is to defend Xiangjiang, not to mention the so-called Quantum Fund and international hot money, which seem extremely powerful , but in fact they are just paper tigers, and I have already seen the fatal flaws they left behind."

"Fatal flaw? What is it?"

Ren Junle couldn't help asking curiously.

(End of this chapter)