Liangzai Fund received news that the Hong Kong stock market had crashed!

"F**K, what happened in Hong Kong? Can anyone tell me?"

The Hang Seng Index is now around 9000 points, which makes their feelings very complicated. At this moment, they are thinking, "Are we really that powerful? Just our reputation alone can cause the Hong Kong stock market to collapse?"

On one hand, they felt awesome; on the other hand, they felt incredibly awesome. This feeling was painful for them—how much money had they lost? It was all profit! Their year-end bonuses!

Then they discovered something else: the stock market had crashed, but the exchange rate hadn't. The people in the meeting room looked at each other, and then they reached a consensus: they could try something.

Zhang San discovered that before the stock market crash, rumors about Liangzai Fund had already begun circulating throughout Hong Kong. Moreover, this topic gradually came into the public eye, and people felt that Liangzai Fund was incredibly powerful.

Given this situation, Zhang San believes it's necessary to push things along. Why do he need to do this?

Since the market is going to fall anyway, either he's the one driving it, or it's the short sellers, represented by Liangzai Fund, manipulating the market. In that case, we should catch them off guard.

During this downturn, companies like Zhang San's, which claimed to be Wall Street funds, had already begun shorting the Hang Seng Index and the stocks of those listed companies. Moreover, the magnitude and speed of their short selling were extremely sharp, reaching an unprecedented level.

Throughout the Hong Kong market, news of Liangzai Fund's arrival was circulating everywhere.

However, there is one oddball: the notoriously inaccurate analyst Mei Chun, who, contrary to his usual practice, began to loudly proclaim when the Hang Seng Index reached its peak that it had entered a bull market and everyone should buy now or miss out on a golden opportunity.

On the front page of a well-known economic newspaper, the notoriously inaccurate analyst Mei Jun published an exciting bullish stock market analysis report. The article's bold title, such as "Bull Market Approaching: Huge Opportunities Await Investors," drew attention.

In the report, renowned analyst Mei Jun, whose predictions are often inaccurate, elaborated on the impact of various positive factors on the stock market. He pointed out that current strong economic data and stable corporate profit growth provide a solid foundation for rising stock prices. Furthermore, the continuous introduction of favorable policies helps boost market confidence.

The analyst also highlighted positive signals from technical indicators, such as a bullish moving average system and increasing trading volume, all of which suggest the stock market is likely to continue its upward trend. He recommended specific sectors and stocks, believing that some emerging industries and blue-chip stocks have significant investment potential.

The report was filled with optimism, with analysts encouraging investors to seize opportunities and enter the market at the right time.

In the bustling food stalls, people enjoyed their food and chatted about various topics. Suddenly, a voice caught everyone's attention.

"Have you seen today's newspaper? That analyst Mei Jun is publishing his bullish views again," a man said with a smile.

"Bullish? That's a joke! The market is so sluggish right now, who would be bullish? Is he out of his mind?" another person chimed in.

"Now there's a Southeast Asian debt crisis, and it's spreading. Everyone knows that Liangzai Fund's big short sellers have already arrived in Hong Kong. They're going to short the stock market, the currency market, and futures. Is this still considered good news? They're practically treating us like idiots!"

"Exactly! These so-called analysts just talk nonsense all day long. They're completely unreliable."

"They're just trying to grab attention and don't consider the actual situation at all. We still need to rely on our own judgment."

"Yes, we can't let them fool us."

Everyone echoed the laughter, mocking the analyst Mei Zhun's views. However, amidst the jeers, one person remained silent. He quietly finished his food, then looked up and said, "Perhaps you all have your own opinions, but the market is complex and volatile; no one can accurately predict the future. Besides, have you noticed that analyst Mei Zhun is actually analyzing from the opposite perspective? In fact, it's already a major bearish factor, and he's deliberately being bullish to get us out of the market?"

This statement caused everyone to fall into deep thought, and the food stall fell silent for a moment. Although they remained skeptical of analyst Mei Zhun's analysis, they also began to consider whether their own views were too absolute.

In a corner of the tea restaurant, the previously relaxed conversation suddenly turned noisy. "Look, this analyst Mei Zhun's market predictions are always completely opposite!" someone exclaimed in surprise.

"Yeah, I used to think he just made mistakes occasionally, but now it seems he's a complete contrarian!" another person chimed in.

"I really don't know how he became an analyst. His forecasting ability is just too outrageous," someone complained indignantly.

"Maybe he's doing reverse analysis on purpose to make himself seem different." A humorous voice drew laughter.

"In any case, we can't trust his analysis anymore; we have to rely on our own judgment," an experienced investor concluded.

"You idiot! According to his analysis, if you buy stocks in the opposite direction, you'll be living in a villa by the sea."

This remark elicited laughter from most of the people in the tea restaurant, because they thought it made sense.

Meanwhile, Zhang San said, "If the USD/HKD exchange rate is above eight, we'll buy it all."

In the foreign exchange market, the exchange rate of Hong Kong dollars against US dollars has fluctuated significantly, exceeding 7.8 Hong Kong dollars and breaking through the 8 Hong Kong dollar level to one US dollar, and is now trending downwards.

"All we need to do is absorb the outflowing Hong Kong dollars. We used depositors' money to exchange for US dollars. Now that the Hong Kong dollar has plummeted, it's a good opportunity to increase the fund's income."

This is the main reason why Golden Globe Bank raised its interbank lending rate: because there isn't much Hong Kong dollar left.

How can we make more money without raising interbank lending rates? How can we deter borrowers without raising interbank lending rates?

How many US dollars did Zhang San exchange for Hong Kong dollars? More than 10 billion US dollars. The 120-1300 billion Hong Kong dollars were basically all exchanged for US dollars, which made the Multiple Management Bureau think that someone wanted to take the opportunity to move capital.

Moreover, most of these US dollars were exchanged by Golden Globe Bank, which is a US-owned bank.

However, when someone started shorting the Hong Kong dollar, the Hong Kong dollar once plummeted by 20% during the day, but fortunately, someone took over the position, which once exceeded one billion US dollars.

Just as speculative investors were cursing, the multi-agency bureau held a press conference and announced a major decision.

"The current exchange rate system will not be changed."

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