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Chapter 1254: ?The calm before the storm

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The exchange rate was blown up all the way, and everyone stared at the crazy numbers, 8.6, 8.5, and 8.3. The growth of foreign exchange is based on percentages, but now it is actually going up by ten cents.

When the value was raised to 8.2, 17 billion Hong Kong dollars were thrown out, and it dropped to 8.5 in an instant, followed by another 10 billion continuous drop.

All the way to force the exchange rate to the nine yuan mark!

"Stick to nine yuan!" Lu Feng said in a deep voice.

Nine dollars is a very critical position. Just now a lot of people entered at the position of nine dollars. If the leverage is 10 times, nine dollars is just at the position of the position. Just now, it has been pulled up all the way, and many people have already been liquidated .

Another thing is to maintain the position of nine yuan, the opponent's counterattack will not be particularly strong, and the consumption of funds will not be particularly serious.

This is not only a matter of the market, but also the situation in the exchange. Although Lu Feng claims to have 100 billion, the actual funds available in the account are only 50 billion, and the rest will be transferred later depending on the situation.

Besides, tens of billions of dollars were spent on the first day, and there was no way to explain it to the leaders. Several aspects had to be balanced, and things had to be done beautifully without spending too much.

With less than 20 minutes left before the market closed, Lu Feng placed more than 3 billion funds below, showing his determination to defend the hurdle of 9 yuan, and the selling pressure began to decrease. Obviously, everyone did not want to enter the decisive battle today , I will raise funds later, and inquire about news.

As the market closed, everyone at the scene took a deep breath. Sweat beads could be seen on Lu Feng's forehead. The Hong Kong dollar rose by 7% tonight. This increase can definitely be called a skyrocketing increase for a currency.

The leaders outside stood up and applauded one after another. Lu Feng opened the door and walked out. Looking at the crowd, he said, "I barely fulfilled my mission!"

"Good job!"

"Not bad! You have worked hard!"

Everyone stepped forward to shake hands and greeted each other, and one of the leaders asked, "How long do you think it will take to defeat Wall Street?"

"This matter is uncertain. It needs a process of fighting and testing each other. At the same time, this is not a personal matter. It needs to release news to the outside world and regain confidence." Lu Feng looked at him and said.

"Drink your saliva, take a short rest, let's have a meeting!"

Lu Feng nodded and looked at the clock on the wall. It was already three o'clock in the middle of the night. Tonight was destined to be a sleepless night. Negotiations were held.

Lu Feng suggested that the act of unplugging the network cable should not be done, as it will damage the confidence of the public. At the same time, it is necessary to increase restrictions on short selling. The minimum amount required for opening short orders in the stock market should be raised again, and they should be prevented from increasing their leverage by ten times. The bureau twice increased the minimum amount of the short order contract, but Lu Feng thought it was not enough.

Securities lending needs to be expensive, and financing needs to be cheap, so that everyone has a lower threshold to go long instead of short, and at the same time set a higher limit on the decline.

You can't just drop it at every turn, and let the rise and fall be locked in a cage.

Lu Feng even proposed setting up and down rate and circuit breaker mechanisms for Hong Kong stocks, but these proposals were all rejected, because Hong Kong, as a global financial hub, has too many restrictions that are not conducive to capital flow and will damage Hong Kong's reputation.

The meeting lasted for three hours, and several action plans were determined. First, listed companies are encouraged to repurchase shares, and at the same time, they will inject capital after the close of trading, which will not be less than 20 billion Hong Kong dollars, reducing the liquidity of shares. In short, it will be the end of the country. sit in the village.

For Hong Kong dollars, it is necessary to increase the margin for securities lending, limit the decline as much as possible, and limit them to increase leverage in securities lending!

While increasing the difficulty of shorting, Lu Feng wants to raise the exchange rate in the market. According to this method, even if Wall Street still has hundreds of billions of Hong Kong dollars in hand, it will be difficult to move.

The meeting didn't end until it was slightly bright outside. We had a quick breakfast together. Lu Feng hadn't rested for almost 24 hours, and now he still couldn't rest.

In order to cover up his exhausted face, he specially found a makeup artist to tidy up, accept some morning news media interviews, and release news to the outside world.

"First of all, we congratulate Team Leader Lu for getting off to a good start. The exchange rate of the Hong Kong dollar has been greatly increased by seven points. I would like to ask for the financial audience, why did it suddenly rebound so much?" the reporter asked.

"Of course it is the determination of the country. Although the market was fierce last night, there was no risk. Even the short side was blown up for a while. This situation occurred because of the mainland's determination to invest in Xiangjiang. As far as I know, the migration of the mainland's manufacturing industry It's already a certainty!"

"They are shorting Xiangjiang, they are nothing more than saying that Xiangjiang's property market is high, the per capita debt ratio is high, the manufacturing industry is hollow, and the whole society is inclined to de-industrialization, so the manufacturing industry in the coastal areas of the mainland is not weak!"

"A large number of high-end companies, such as Hurricane Capital, will rush to Xiangjiang. This is also a great development opportunity for mainland companies. They can raise funds here, and the outside world can also invest better through Xiangjiang. Mainland!"

"This news is really shocking. The mainland is so big, and it will take a long time for Hong Kong to digest some industries." The host looked at Lu Feng and said, "Then, does the statement last night represent a complete reversal of this crisis?"

"This crisis itself is a man-made crisis. We have reduced or exempted stamp duty, raised interest rates on bank deposits, and absorbed Hong Kong dollars back from around the world. The external short-selling force is tiny. When a large amount of money comes in, it proves that we are not a hypocrite. Fatty." Lu Feng looked at the host and said, "I think today's Hong Kong stock market will start to skyrocket. This is a man-made bear market, and a normal bull market will start soon!"

"When?" The host wondered.

"Today, shorting the Hong Kong dollar and Hong Kong stocks is extremely stupid. Of course, some people don't listen to persuasion and insist on being short, so I believe that the iron wall of the market will beat them to death." Lu Feng vowed road.

During the half-hour interview, Lu Feng briefly talked about the reduction and exemption of stamp duty, the increase in the cost of securities lending, the admission of state-owned funds, the Hong Kong property market, stock market valuation, the global value of the Hong Kong dollar, and the development of the mainland.

After the interview, Lu Feng couldn't bear it any longer, so he found someone to help him drive, and fell asleep when he got home.

As the news was broadcast, there were countless people who abused Lu Feng in the market. They no longer believed that the Xiangjiang stock market could do well.

At 9:30 in the morning, the Hong Kong stock market opened and immediately began to rise. 370 companies rose, and over 400 companies rose at 10:00 in the morning. superior.

The two sides fought frantically around the opening price. The Changjiang Industrial family alone had a turnover of over three billion Hong Kong dollars in an hour, and countless small fans were discouraged from watching it.

Wall Street's counterattack against the mainland's Hong Kong dollar is to **** it back from the Hong Kong stock market. In the morning, the trading volume of Hang Seng Technology exceeded 50 billion Hong Kong dollars, breaking a record high.

When Lu Feng woke up, it was already five o'clock in the evening, and he watched the news immediately after washing up.

"Hang Seng Technology rose 0.7% today, with a record trading volume of over 80 billion Hong Kong dollars, of which Cheung Kong's transaction volume accounted for one-eighth, and 421 companies rose today. The Hong Kong dollar hit the largest increase in history , rose 7% in a single day, and Mr. Lu Feng, the head of the financial special team, said that shorting the Hong Kong dollar and Hong Kong stocks is a particularly dangerous thing.”

"At the same time, he said that the mainland will carry out manufacturing specialization, and transfer the high-end industries in the coastal areas of the mainland to Xiangjiang to make up for the loss of Xiangjiang's manufacturing industry!"

According to Reuters, financial experts believe that Soros does not have a lot of funds in his hands. This time Xiangjiang’s substantial increase in short-selling costs may make him worse. Many financial institutions expressed their unwillingness to short Xiangjiang again, mainly because the mainland Demonstrated the determination to defend Xiangjiang Financial!"

After 7 o'clock in the evening, Lu Feng arrived at the exchange, had a simple meal, and held a pre-market meeting. Everyone thought that they would keep the nine yuan and see what they did before making plans.

Lu Feng thinks that if you don't advance, you will retreat. You don't have to worry about pulling up, but you have to take small steps and run fast. Tonight must be a red plate.

As the transaction started, UU Kanshu www.uukanshu.com’s short-selling power tonight was much smaller than last night. Neither side showed any killer moves, and the market fluctuated very gently. With the close, the Hong Kong dollar stopped In the position of eight yuan and ninety-two.

With the intensive release of news, Lu Feng continued to advocate mainland funding in the market, and even said in an interview that the mainland's foreign exchange reserves are not large, but there are tens of thousands of tons of gold hidden in the northwest region, which was left over from the Qin Shihuang period. .

Immediately afterwards, a lot of **** media began to besiege Lu Feng and asked him to take out 10,000 tons of gold. Lu Feng also said that the gold belonged to Qin Shihuang himself, and the mainland respects private property rights very much, so he is currently communicating with Mr. Ying Zheng.

For a week, the market fell into a pool of stagnant water. The highest one-day trading volume in Hong Kong dollars was only three billion US dollars. Big funds stopped moving, but small funds continued to test.

Hang Seng Technology is stabilizing and seeking to build a bottom. Even the stock price of a securities company like United Capital has returned to around 11 yuan.

After a storm, there was a suffocating tranquility. Lu Feng knew exactly what this tranquility represented. Maybe Europe was blown up in the last round, and hot money started to be a coward, but Lu Feng knew, Tiger Fund has not moved yet.

This ten-fold leveraged super hedge fund is definitely brewing an unprecedented storm.

September 23rd, today is the autumn wind, the Mid-Autumn Festival has passed, originally planned to let Duo Duo come to Xiangjiang, but in the end it didn't happen, Lu Feng had a rare half-day rest, and got a good night's sleep at home.

In the evening, Lu Feng's cell phone rang, and the nanny took the phone and said it was from overseas.

"Mr. Lu, is it possible for us to talk?" Soros' voice sounded from the other end of the phone.

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