The world begins with Hong Kong movies

Chapter 456 Ugly Faces! (Seeking Monthly Tickets)
Sometimes, certain things feel very inexplicable.

I don't know if it's the same principle as "familiarity breeds contempt"!
The wealthy Chinese in Hong Kong Island dared not make any rash moves in the financial markets as the Lunar New Year approached.

Even though they knew there was an opportunity to make a lot of money, they stubbornly resisted.

But when faced with Germany, which seemed even more formidable, they all raised funds to enter the market. This time, HSBC didn't stop them, nor did it restrict leverage.

I reckon this is likely due to internal strife within European and American conglomerates, giving Asian capital a chance to profit from the chaos.

Regardless, Wu Feng's actions triggered a swift response from Hong Kong capital.

Those with extensive connections had already invested in the German stock and foreign exchange markets.

The value of the German mark has indeed been gradually increasing.

Although the speed is not fast, and it cannot be as exaggerated as the exchange rate appreciation of small days, even a slight increase of a few tenths can be a large profit for speculators.

And so it is; Hong Kong capital, which acted quickly, has already made a fortune!
The news spread, causing even more excitement.

Not to mention Chinese capital, foreign capital in Hong Kong is also making moves, eager to grab a piece of the pie.

In fact, for various reasons, although the foreign capital in Hong Kong Island earns a considerable amount of money in the stock market, it is still insignificant compared to the income of real European and American financial groups.

This time, we absolutely cannot let this opportunity slip by!

Wu Feng didn't need to do anything further. Seeing an opportunity to profit, large sums of money from Hong Kong and international speculative funds immediately rushed in.

The German side was completely baffled, not understanding how this situation could have arisen.

However, speculative funds have already reached a considerable scale, and there is a lot of British and French capital involved, which cannot be easily suppressed.

Seeing this situation, Wu Feng instructed his traders to quietly make arrangements, waiting for the results to come.

He certainly wouldn't bet all his chips on the appreciation of the German mark, since the situation in Germany is different from that of ordinary people.

Xiao Rizi's economic strength is unparalleled in Asia. If it were to be targeted by a group of European and American financial groups, there would be no one around who could take over.

However, Europe has a strong economy, and although Germany is the strongest, the strength of the other European countries cannot be ignored.

In addition, the German leadership is much more clear-headed than the average person, and with the implementation of various restrictive measures, the appreciation of the German mark has not been as exaggerated as outsiders imagined. In other words, the returns from directly participating in the foreign exchange market are limited.

However, European economic integration has far-reaching consequences, and the appreciation of the German mark has a significant impact. These are the consequences that Wu Feng intends to exploit.

He remembered very clearly the 1992 pound crisis and the lira crisis, which involved funds that probably exceeded hundreds of billions of dollars.

Having made the arrangements in advance, he could leisurely wait for the harvest time to arrive, without having to constantly pay attention to the situation in Germany.

In fact, with some people stirring up trouble, Germany was almost exposed and suffered a huge loss of face on the international stage, which was truly embarrassing.

Well, there's really nothing new here.

It's just the shady stuff capitalists do to reap profits, only it's been exposed, allowing everyone who cares about Germany to see the ugly face of capitalists.

What was uncovered was actually how West German capitalists and the government seized East German assets after the reunification of Germany.

That was incredibly corrupt! The world-renowned Zeiss Optical Instruments Company was originally a state-owned enterprise in East Germany, but somehow it became a private company in West Germany.

The most disgusting thing was that West Germany acquired East Germany's credit unions at extremely low prices through rather dishonorable means, and then used a series of financial means to saddle them with huge debts.

The result was that most East Germans lost all their savings overnight, essentially returning to square one, with extremely serious consequences.

In short, it must have been European financial groups that intervened to expose some of the disgraceful things done by the German government and capitalists.

I don't know what they're trying to do, but judging from their actions, they're clearly trying to slow down the appreciation of the German mark.

Unfortunately, the exchange rate of the German mark has been slowly increasing!
This gave Hong Kong residents who were following the situation in Germany quite an eye-opener.

The various scandals constantly being exposed in Germany were widely reprinted by Hong Kong newspapers and television stations, giving the people of Hong Kong a good look at the ruthlessness of the foreigners, who were not as refined as they appeared on the surface.

Wu Feng was thoroughly enjoying himself!

Aside from silently cheering on the exposed forces, he took no other action.

In fact, the Chinese capital on Hong Kong Island only played a vanguard role.

Once international speculative capital arrived, along with the involvement of financial groups from various European countries, the situation was completely beyond the control of Chinese capital.

By this time, they had become part of the international speculative capital.

Of course, as the German mark continued to appreciate, their profits were not bad; at least, few were known to be willing to withdraw at the right time.

Having made a fortune in the foreign exchange market, and a lot of it at that, the Hong Kong tycoons who had previously been eager to join the bandwagon completely abandoned Wu Feng, the instigator.

They were even unwilling to relinquish their role as the driving force behind their profits to Wu Feng.

Anyway, when these guys met in private, they all said that investing in the German foreign exchange market was the result of their careful consideration, and they hadn't heard any rumors or gossip.

Besides, with such a large investment, how could you just throw in a huge sum of money without a second thought after hearing a little bit of a rumor? That would be ridiculous.
Various rumors reached Wu Feng's ears, but he didn't react much. However, his trusted subordinates were unhappy.

"These guys are absolutely shameless!"

In front of Wu Feng, Li Xin couldn't help but curse and grumble, "These guys didn't have this kind of attitude when they wanted to get on the ship!"

"They'll have their turn to suffer later!"

Wu Feng simply spoke calmly, chuckling, "You've dealt with these wealthy people before, don't you know their temperaments?"

"There's no need to get angry with them, it's really not worth it!"

That's what he said, and that's what he thought.

How much money can you make if the Deutsche Mark appreciates?
As the first wave of capital to charge into battle, the Chinese capital in Hong Kong has certainly been taken note of by relevant German institutions.

It might even be on the watchlist of other European financial groups and official institutions, which is not a good thing.

To Wu Feng's surprise, people from the mainland also came to him because of this.

(End of this chapter)