Rebirth of Xiangjiang: Across the World

Chapter 417 It's Important Without You
The sharp drop in the Hang Seng Index could be said to be the result of the bank’s interest rate hike yesterday, but today’s drop is inexplicable.

Some speculators were excited, thinking that it would fall first and then rise like yesterday, and entered the market one after another to cover their positions.

The short-selling funds seem to be endless, no matter how many buying orders the market has, they will all be swept away by them.

Faced with this situation, retail investors want to cover their positions, and big funds will selectively sell when they realize that the situation is wrong.

This also led to more and more outflows of funds from the entire market, like a snowball, and the net outflow of funds in just one morning was as high as 700 billion Hong Kong dollars.

After hearing the news, Zheng Yaoyang has been observing the market since the opening of the market, and at the same time asked his subordinates to investigate the situation.

At noon, Wade and Rogers brought news that they could not find out the source of funds for the sale.

"Can't find it?"

Zheng Yaoyang touched his chin and fell into deep thought. The net outflow of the entire market in the morning reached 700 billion Hong Kong dollars.

Although there is no lack of follow-up selling among them, the main short-selling funds must account for at least 10%.

70 billion Hong Kong dollars is obviously not a small amount, and it is even more impossible to sneak into the Hong Kong stock market without warning.

Zheng Yaoyang suddenly had a bold guess: "Could it be that HSBC is selling shares?"

Wade was stunned: "I can't!"

They tried their best to contract the IPO, just to get cheap chips, so as to enter the Hang Seng Index.

HSBC sells its holdings at this time, no matter how you look at it, it is cooperating with them internally and externally.

He has seen Stephen, a typical Wall Street investment genius, should not make such an outrageous decision.

"If it weren't for HSBC, who would have such a strong strength? And they hold so many shares without warning?"

Faced with several doubts from Zheng Yaoyang, Wade hesitated to speak, but didn't know how to explain.

Because what Zheng Yaoyang said was right, now Xiangjiang can use such a large amount of funds quietly.

For now, only three companies have this strength, namely HSBC, Standard Chartered and Bank of China.

HSBC and Standard Chartered are wearing the same trousers, and Bank of China is the future reserve of the Central Bank of Hong Kong. We only see them accumulating money on weekdays, but never selling them.

Wade couldn't help asking: "Why did they do this? Don't they know the consequences of doing this?"

The Hang Seng Index fell sharply, and HSBC should know that it is impossible for them not to take the opportunity to buy bottoms.

Zheng Yaoyang's intentions are obvious. Promoting Xiaobawang's listing is just a process, not the result they want.

They want to enter the Hang Seng Index and enter with cheap chips. This is the ultimate goal of all actions.

By doing this, HSBC will allow them to directly achieve their ultimate goal. On the [-]th of next month, it will not matter whether Xiaobawang's listing goes smoothly.

Rogers, who was silent at the side, suddenly said: "Perhaps they think that the failure of BOSS is more important than Fuxing's firm foothold in the Hang Seng Index."

It took Zheng Yaoyang only three years to grow from a prodigal son to the richest man in Asia. Even though HSBC is a century-old foreign company, he still feels scared when facing a freak like Zheng Yaoyang.

Perhaps in HSBC's view, Fuxing Bank is far more important than Zheng Yaoyang. They need to let Zheng Yaoyang taste the taste of failure and smash his undefeated golden body.

The Xiaobawang IPO incident is the best example. A mainland company that was previously unknown in Xiangjiang has now frozen more than 20 times the funds in its IPO road show, creating the highest subscription ratio since Xiangjiang was opened.

The promotion of Xiaobawang point reader may be useful, but it is not that important. The main reason is that Zheng Yaoyang is the largest individual shareholder of the company.

As the executor of the project, Rogers could deeply appreciate the horror of Zheng Yaoyang's influence in Xiangjiang during the implementation of the plan.

HSBC may be aware of this. The source of everything is Zheng Yaoyang. As long as Zheng Yaoyang is undefeated, there will be an endless stream of bullies in the future.

Even if they cut off their own arm, they must seize this opportunity and crush Zheng Yaoyang's undefeated golden body in one fell swoop.

Once a god becomes a mortal, there is nothing to worry about. Even if it allows Fuxing Bank to gain a firm foothold in Xiangjiang, it is just a start-up banking company.

"Jim was right."

Wade pondered for a while, and also agreed with this statement.

"Are you kissing my ass?"

Zheng Yaoyang laughed in astonishment, he didn't feel that he was as important as they thought.

"Conan Doyle said that if you eliminate the impossible, whatever remains is the truth."

"And BOSS, you do have the strength and luck to scare HSBC."

Wade and Rogers looked at each other and both agreed with this statement.Because they are all witnesses of Zheng Yaoyang's legendary deeds, they are short Tokyo and long oil.

Every time, I intervene at the most appropriate time, and cash out at the most appropriate time.

In the past three years, Zheng Yaoyang has danced on the tip of the knife with every step, and if he is not careful, he will fall into the abyss.

He can always escape unscathed. Faced with such a freak, it is normal for HSBC to be afraid.

"Since they do this, let's not waste their kindness."

The corners of Zheng Yaoyang's mouth rose slightly, because Wade and Rogers were both very typical Wall Street investment managers.

One of the most notable characteristics of these people is that they will not flatter their leaders, because they consider themselves partners of the company, not ordinary subordinates.

So Zheng Yaoyang felt particularly comfortable listening to these heartfelt flattery from their mouths.

"Stay still and wait for my news."

In the afternoon, Zheng Yaoyang came to Barings Bank, met his old friend Nix, and told him about the plan and arrangement.

HSBC holds too many chips, and the minimum guarantee will not be less than 300 billion US dollars, and there may be more.

Relying solely on Fuxing Bank is not enough to take so many chips, and he needs the help of other banks.

Zheng Yaoyang's tone was full of temptation: "Could it be that you are satisfied just by gaining a firm foothold in Xiangjiang?"

"Tokyo's market of 2 trillion US dollars is currently only more than [-] trillion yuan, and it is difficult to return to the past."

"Where do you think the more than 2 trillion yuan that fled will go? Seoul, Singapore, or Xiangjiang?"

"This is a rare good opportunity, we Fuxing will not miss it, and I don't want Barings to miss it either."

HSBC has Standard Chartered as a younger brother, and Fuxing Bank also needs a younger brother, and Barings Bank can play this role very well.

At the beginning, they were able to enter Xiangjiang smoothly, and they also offended HSBC by taking advantage of Huanyu Group's listing.

The two sides can't be allies, but Fuxing is different, with Zheng Yaoyang's existence, they are natural allies.

Nix was silent for a long time, a little moved: "Mr. Zheng, I can't give you an answer now, please give me a few days to think about it."

Whether in Hong Kong or London, Bahrain is a medium-sized bank, which cannot be compared with HSBC.

They don't have the guts to directly declare war on HSBC, but that doesn't mean they don't have the guts to take advantage of the opportunity.

Once they agreed to Zheng Yaoyang, the funds used would not be less than 50 billion, and they needed to carefully calculate gains and losses.

"Understandable, I can wait, but the market can't wait too long, I hope you can give an early reply."

After Zheng Yaoyang finished speaking, he didn't stay for long.

The longer it drags on, the more desperate the market will be, and the more difficult it will be to recover. It will take time to recover, so they can't wait too long.

After leaving the Barings Bank, Zheng Yaoyang came to the Bank of China Tower and met President Wu who was stationed in Hong Kong.

The two had met several times, because the headquarters of the Woodpecker Fund was on the eighth floor of the China Film Building.

Funds going overseas also use the channel of Bank of China, which allows them to earn a channel fee for going overseas.

Knowing Zheng Yaoyang's intention to come, President Wu almost didn't hesitate at all, and quickly said that there is no problem, he just needs to tell them before doing it.

Since China and Britain started negotiations in 82, Bank of China also entered the Xiangjiang market in that year.

They came here with a mission, the main purpose is to replace HSBC's position in Xiangjiang, and make all preparations for Xiangjiang's return and become the central bank in the future.

In recent years, they have been actively investing in Hong Kong stocks, basically they can only get in and out, which coincides with Zheng Yaoyang's thinking.

Moreover, HSBC is assisted by Standard Chartered, and Bank of China also needs to find a helper in Xiangjiang. Fuxing Bank should be able to fill this role well.

Two days later, Zheng Yaoyang received news from Ballinicks that they agreed to buy stocks in the market, but they would not show up, let alone reveal their existence.

They just want to make money, and they want to take root in Xiangjiang more deeply, but they are afraid of offending HSBC, and even more afraid of offending their British Empire.

Zheng Yaoyang is making an enemy of HSBC, and in a sense, he is making an enemy of Great Britain. Their behavior can be called a British traitor during World War II.

Zheng Yaoyang hastily said that there is no problem, as long as the plan is completed, they will declare to the public that the whole thing is completely done by Fu Xing and has nothing to do with outsiders.

Because of Nix's proposal, it hit Zheng Yaoyang's arms, with the secret assistance of Bahrain and Bank of China.

Fuxing Bank can completely show its weakness to others, and wait for the day when Xiaobawang is listed, and then kill the carbine.

(End of this chapter)