Vicious dogs in Hong Kong, entrepreneurs practicing evil cultivation

Li Guoneng stood respectfully to the side. No matter how outstanding he was, he was only the second son and second grandson of the second branch of the family, that is, the second son of Li Peicai, the second son of Li Zifang, and the second son of Li Fuqiu.

"Greetings, esteemed uncles and elders, this junior, Chen Guanjiang." Chen Guanjiang bowed respectfully, unlike Li Guoneng who was timid.

Although he was standing, his gaze was sweeping over them, and those present were also observing him.

It's not surprising that people can see the depreciation of the US dollar, and it's also not surprising that they can see that the Hong Kong dollar is about to decouple from the US dollar, after all, Hong Kong has been bearing the pressure of the depreciation of the British pound and the US dollar for many years.

but!

The assertion that Hong Kong will be one of the main safe-haven destinations for the US dollar is truly remarkable.

In fact, even before Chan Kwun-kong explained the "abolition of foreign exchange control laws" and even before the Hong Kong government announced the lifting of foreign exchange controls, American banks and conglomerates had already contacted HSBC.

Money flows into Hong Kong by using banks as a springboard.

All funds flowed in through short-term loans, and there is no conflict between hedging and capital operation.

The stock market has room for speculation and has the ability to absorb short-term funds, making it a pool of short-term capital.

The real estate market has the ability to resist risks, has the ability to anchor long-term value, and serves as a long-term reservoir of funds.

Choose between the Hong Kong stock market and the property market!

The key question is whether the massive influx of US dollars into Hong Kong will be used to profit from the short-term stock market or the long-term real estate market.

The fifteen-year-old boy in front of us has already poured HK$300 million into the stock market when prices were low, and may become the biggest winner.

No, it's too early to talk about becoming a winner. Making money in the stock market is never a skill; escaping is.

Having lived to their age, they've seen too many people who refused to relinquish their relics, ultimately losing everything along with their initial investment.

This person has already demonstrated remarkable escape skills in the "Jackson Yee Milk" incident, and the probability of him making enough capital is extremely high, which forces them to take him seriously.

With HK$300 million invested early, is it a sign of confidence or sheer luck? Only time will tell.

"This is Uncle Shi Xun, Sir Henry Leigh, Uncle Bingfen, Uncle Zhiqin..."

With Li Guoneng's help in introducing them, Chen Guanjiang went up to greet each person and remember their appearance and identity, paying particular attention to three of them.

Xu Shixun!

The son of shipping magnate Xu Aizhou is rumored to be the second Chinese director of HSBC, following another shipping magnate, Bao Yugang.

As for why HSBC only started recruiting Chinese directors in 1971, and why the two directors it recruited were both "world-class shipping magnates," that is worth pondering.

Lehmann!

Although he is a foreigner, he is half Chinese. As the nephew of Law Man-kam, he inherited his uncle's legal legacy and is one of only six Queen's Counsel in Hong Kong today.

With both Chinese and British ancestry, Li Xianlun has long served as a mediator between Chinese and foreign capital. Ever since he was rescued after being buried alive in the "June 18th rain disaster," he has relentlessly pursued the relevant authorities.

Rong Zhiqin!

Although he was not well-known, Chen Guanjiang was more concerned about his "surname" and "given name". According to the Rong family's rules, the "Zhi" generation was the third generation.

As a privately owned enterprise designated by its parent company, the Rong family's influence at Dongda University is self-evident, and their family businesses also wield considerable influence in the business communities of Canada, Germany, and Bavaria.

"Young man, how can you be so sure that the dollar will continue to depreciate?"

Chen Guanjiang smiled at Li Fuzhao, who raised the question, and said, "For the past thirty years, every time the United States has fought a war and its economy has become unbalanced, hasn't it always had to find other regions to foot the bill?"

1946年香江向国际货币基金组织报告16港币兑1英镑，1港币的含金量为0.223834克，折算3.97港币等于1美元。

1949年英镑对美元贬值30.5%，含金量同步降低30.5%，港币维持与英镑挂钩同样贬值30.5%，1港币的含金量为0.15557克。

In 1967, the British pound depreciated by another 14.3%, and the gold content of the Hong Kong dollar, which was still pegged to the pound, dropped to 0.1333 grams.

Subsequently, the Hong Kong dollar could not withstand the depreciation pressure and appreciated by 10% against the British pound, with a gold content of 0.1466 grams.

In 1972, the British pound was decoupled from the US dollar, and the Hong Kong dollar was pegged to the US dollar, with its gold content remaining unchanged at 0.1466 grams, and the exchange rate set at 5.65 Hong Kong dollars to 1 US dollar.

Looking at historical timelines reveals that whenever the United States launches a war and the conflict becomes deadlocked, it devalues ​​other currencies to shift the burden of its own problems.

"So, do you think the US dollars will flow into the housing market or the stock market?"

When asked by Xu Shixun, Chen Guanjiang pretended to ponder and said, "We haven't detected any fund movements yet. We'll probably have to wait until after the New Year to confirm."

The Hang Seng Index had already surged by 147% by 1972, and whether international speculative capital will continue to choose the stock market remains an open question.

The housing market varies by region, and last year's increase of only 15-20% is still a good target.

Moreover, influenced by the stock market frenzy, land prices, housing prices, and rents have all shown an upward trend.

Pre-sale of apartments is extremely active, with many developers delaying the sale of their properties. Office buildings are left vacant in anticipation of higher prices, indicating a strong speculative trend.

Chen Guanjiang's words were meaningless. After the New Year, even a fool would be able to see where the funds were flowing. The game of musical chairs is all about getting through as quickly as possible.

"So when do you think the US dollar will withdraw?"

Chen Guanjiang glanced at Feng Bingfen and said respectfully, "It's hard to say. It depends on when the dollar stops falling and how much profit international speculative capital expects to make before they stop."

Upon hearing this, the crowd was somewhat disappointed.

Although they didn't think Chen Guanjiang could provide an answer, it didn't stop them from listening to the insights of this "financial prodigy," which might open up some new ideas for them.

The result was a huge disappointment. This guy could analyze things logically and clearly, but when asked the key questions, his eyes would go blank.

Little did anyone know that Chen Guanjiang not only knew whether international speculative capital was flowing into the real estate market or the stock market, but also knew in advance when the US dollar would withdraw, and could even pinpoint the approximate amount of the inflow of US dollars.

They have even begun to trace back to the source and try to take the decision-making power into their own hands!

The law should not be lightly transmitted, and the Way should not be sold cheaply.

These are conclusions that I have painstakingly reached after nearly half a year of intensive study of financial knowledge, through reverse reasoning and repeated confirmation. How could I possibly blurt them out to a stranger?

Seeing that Chen Guanjiang had no answer, everyone lost interest. Li Fushu gave Li Guoneng a look, and the latter took Chen Guanjiang and left the scene.

The inner court once again launched a discussion on the final issue, but no matter how much they discussed it, they could not come to a conclusion.

Because... this is simply a spontaneous act by international speculative capital that smelled blood. Without an organizer, there is no common ground for action, and no consistent information for reference.

All funds entered the market through various offshore shell companies. Due to the Hong Kong government's ineffective supervision, the actual beneficiaries could not be found, making each sum of money like a hunter in a dark forest.

We are all hunters with guns, and we are all prey who will be shot. Our common goal is the lucrative piece of meat that is Hong Kong retail investors. It is inevitable that we will hurt each other.