I want to be a giant of Hong Kong Island

Chapter 695 [Financial defense battle! 】

February 1990, 1, New Year's Eve.

After the renovation of No. 79 villa in Deep Water Bay, Wu Guangyao's family moved in again;

For Wu Guangyao, this is his geomantic treasure and the ancestral home of his family.

During the New Year's Eve dinner, a family of more than 20 people gathered around a large custom-made table, so lively;
Wu Guangyao's mother Zhou Xuefen, Wu Guangyao, Lin Yueru, Li Cui, Wu Xianshuo and his wife, Wu Xianyi and his wife, Wu Xiancheng and his wife, Wu Xianpeng and his wife, ten grandchildren and three granddaughters, a total of 25 people had the New Year's Eve dinner together.

Wu Guangyao stood up, raised his glass happily, and said to his children and grandchildren, "Come on, everyone, raise your glass, and wish our family, Ms. Zhou Xuefen, good health and happiness like the East China Sea!"

Everyone stood up one after another and toasted Zhou Xuefen with respect and love on their faces.

Wu Guangyao's mother is 78 years old this year. Since she came to Hong Kong Island, Wu Guangyao has increasingly regarded her as the person he respects most;

The relationship between mother and son has always been very good. Living together is because Wu Guangyao respects Zhou Xuefen, and Zhou Xuefen always thinks of Wu Guangyao, and there are very few quarrels.

At Wu Guangyao's age, the more he feels the need for such an old mother, so Wu Guangyao will always accompany Zhou Xuefen to go shopping and chat at home. This is the time when his heart is the most peaceful.

Zhou Xuefen also got up happily, picked up the cup, Wu Guangyao raised the cup with his right hand, and naturally hugged the old mother gently with his left hand, the relationship between mother and child is very harmonious.

An old house where a treasure!
"Good! Guangyao, you have a full house of children and grandchildren. The grandchildren are successful in their careers, and the great-grandchildren are smart. The family is very good!"

"If you are healthy, we will be fine!"

The family is happy and harmonious, achieving prosperity in wealth and people!
After dinner, after chatting with his family for a while, Wu Guangyao brought his four sons to the study;

At present, Wu Guangyao is almost in a semi-retired state. He only serves as the chairman of the board of directors of various group companies, and his four sons are in charge of specific affairs; lost son.

Of course, it's not that everyone quits. Once there is any major change in the company, everyone will show up in the company again.

Wu Xianshuo took the initiative to say: "Father, the UK's largest container terminal, Feridus Port, has already been negotiated. I will sign the contract in the next year. By then, the number of global shipping ports will reach 56."

Wu Guangyao nodded and said, "Not bad! Your next goal can be to talk about the port of Panama!"

Wu Xianshuo thought for a while and said, "Panama's port is located in an American fortress, will it attract the attention of the US government?"

Wu Guangyao said with a smile: "That's natural, so you need to find allies! And the key point is still the Panamanian government, they must want to make money; as for the US government, after you have negotiated, just blow it up in the media and express yourself Just a businessman will not fight for control of Panama. In short, there must be difficulties, and it depends on how you deal with them!"

Wu Xianshuo said seriously: "I know!"

Overseas port affairs, Wu Guangyao has completely handed over to Wu Xianshuo to discuss;

However, Wu Guangyao will have to negotiate with Wu Guangyao personally for future inland ports, especially Shanghai Port and Yantian Port, these two ports cannot be missed;
Speaking of which, Wu Guangyao helped Mainland China win Container Terminal 8 in Kwai Chung on Hong Kong Island, and I believe Mainland China will reciprocate.

Wu Xianshuo added: "Phase [-], [-], and [-] of Gateway Building, I plan to launch this year too!"

There are a total of five Gateway Buildings, two of which have been completed so far, bringing the commercial area of ​​the entire Wharf to 730 million square feet;

If the remaining three buildings are completed, it will be the final form of Wharf: Harbor City + Ocean Terminal + Five Gateway Buildings.

Wu Guangyao said: "Let's build it! There are also the former site of the Cha Kwo Ling oil depot and the former site of the Ap Lei Chau Power Plant. It is time to launch two large-scale housing estates!"

These two pieces of land have been covered for many years, it is time to take them out!

However, Wu Guangyao didn't deliberately cover it up. In recent years, the real estate company under his company has mainly developed Tin Shui Wai, so these two large-scale housing projects have been reserved.

Wu Xianshuo said: "Well, I'll arrange it right away! Father, I plan to let Laofengxiang Jewelry participate in these two large housing estates!"

Wu Guangyao said with a smile: "You brothers can talk about it!"

Although the four brothers were not born to the same mother, they have lived together since childhood, and there is no problem with their relationship;

Because Wu Xianpeng was born of Li Cui, his assets are relatively small, but he has participated in more investment projects over the years and has begun to grow; if the mainland gold jewelry market develops later, Lao Fengxiang still has a big opportunity for development.

Next, the sons reported some work matters one by one, and Wu Guangyao gave some opinions;
Because Wu Guangyao seldom goes to the company recently, he sometimes talks about work at home.

In August 1998, the Hong Kong financial crisis broke out completely.

Prior to this, international speculators had scoured Southeast Asia, Japan, South Korea and other places, leaving a mess.

At the beginning of August, market rumors were flying all over the sky. Speculators declared that the RMB would depreciate and shake confidence in the Hong Kong dollar. In addition, speculators also publicized rumors about the instability of mainland banks. Their purpose was still to create psychological conditions for them to attack the Hong Kong dollar. It can be said that there is no need for anything.

The operation method of these speculators is very simple: they use financial futures means to buy Hong Kong dollars with 3-month or 6-month Hong Kong dollar futures contracts, and then quickly sell them short, causing the interest rate of Hong Kong dollars to rise sharply and the Hang Seng Index to plummet, thereby obtaining huge profits.

In the first half of the year, Hong Kong dollar bonds with a period of one to two years were issued in Hong Kong, with a total amount of about US$300 billion and an annual interest rate of 11%.These international financial institutions swap these Hong Kong dollars into U.S. dollars, and some hedge funds mainly borrow Hong Kong dollars.These Hong Kong dollars have become low-cost chips for hedge funds to attack Hong Kong's financial market, enabling speculators to have favorable conditions for arbitrage in the foreign exchange market.And hedge funds bought a large number of forward dollars in the foreign exchange market to balance risks.

The banks under the Wu family had already been making arrangements at that time, taking a large number of Hong Kong dollar claims issued by the Hong Kong government into their own hands; insufficient.

On August 8th, international speculators officially showed their fangs and sold about 5 billion Hong Kong dollars; the Hong Kong Monetary Authority changed its passive approach in the past and used Hong Kong’s fiscal reserves to absorb all of them, stabilizing the foreign exchange market at 180 US dollar to 1 Hong Kong dollars At the same level, the interbank market lending rate will neither rise nor fall.

In the trading room of Everbright Securities, a group of people are engrossed in staring at the LCD monitor; at this time, securities trading is completely computerized.

Wu Guangyao, Wu Xianyi and his son also supervised the battle in the trading room, with the purpose of boosting Hong Kong's stock market.

In this war, the Wu family, the Hong Kong government, and the mainland have reached an agreement. The Hong Kong government is responsible for foreign exchange and stock indexes, and the Wu family is responsible for raising the Hang Seng Index.

Because August 8 is the settlement date of Hong Kong's Hang Seng Index futures, as long as Hong Kong's foreign exchange and stock markets rise in August, foreign speculators' stock index futures will definitely lose money; because they know that speculators bet a lot in August Futures are short positions. In this way, even if they switch positions, the cost is very high (for September), and once the normal positions are closed, huge losses are inevitable.

On August 8, the stock market opened in the morning.

Wu Guangyao gave an order: "Place an order!"

The traders got busy one after another, with excited expressions on their faces!
There is no way, the one behind is a great god, who seems to have retired in the past few years, but this time he was surprised;
Everyone is very confident that those foreign speculators will come back this time.

Wu Guangyao and his son also had smiles on their faces. Those foreign speculators did not investigate the strength of the Wu family this time. They were too careless!

The cash flow of the Wu family is similar to the foreign exchange reserves of the Hong Kong government (US$1000 billion);
Of course, only one-third of this money stays in Hong Kong, but this money is more convenient to use than the foreign exchange reserves of the Hong Kong government!
In the previous life, the Hong Kong government won this financial defense war with less than 150 billion US dollars!

At this time, the Hang Seng Index was around 10000 points, a drop of 1997 points from its peak in 2000;
Because the front is not a decisive battle, and the Hong Kong government has not joined in, naturally Wu Guangyao will not excessively participate in the activities of overseas speculators to suppress the Hang Seng Index;
However, some rescue measures have also been carried out, otherwise the Hang Seng Index will never have 10000 points;
In the previous life, Hong Kong's Hang Seng Index was more than 6000 points in early August, and it was 1997 points in 10000. It fell by more than 3000 points before the decisive battle.

In this life, due to the appearance of Wu Guangyao, which changed the economic structure and volume of Hong Kong, there was a 20% increase.

This kind of behavior of the Wu family also made overseas speculators feel that the financial strength of the Wu family is not that strong, so they are full of confidence this time.

As Everbright Securities’ buying orders fell one by one, the Hang Seng Index actually began to rise sharply——10050 points. 10100 points. 10180 points. 10230 points.
At the close of trading in the afternoon, the Hang Seng Index was actually pushed up by 10300 points, rising instead of falling, which surprised all financial professionals.

"Xie Te, that one made the move!" Soros had a serious look on his face. Those who work in the financial circle don't know how powerful the Guangyao Family Office is. Who doesn't eat at this family office? a loss.

"Then what should we do?" A subordinate said in panic as if he had encountered the future.

"What else can I do, I can only continue to sell Hong Kong dollars and suppress Hong Kong's financial market! You go to a few media to spread some bad news, and I will contact other speculators. Everyone will work together to make sure that Hong Kong's financial market will be suppressed before the futures trading day. Defeat, otherwise we will incur a lot of losses." Soros said with a steady expression.

This time, it was the international speculators who were careless!

Everyone was invincible in Southeast Asia and Japan, and immediately looked down on Hong Kong, and then came to Hong Kong with a big victory;

In addition, everyone achieved some small results in the first half of the year, so they got a little carried away!
Now that the experts made a move, these speculators suddenly panicked.

The Wu family did much more than that. On the wireless news station that night, various experts from Hong Kong took turns to sing about Hong Kong's economy;
"Those international speculators have found the wrong place this time. Hong Kong is not other countries and regions. Hong Kong's economic and industrial structure is very complete; especially in the field of science and technology, the electronics industry, automation machinery, and biology are all at the advanced level in the world. ;The real economy and finance have jointly formed a strong Hong Kong, so this time international speculators are doomed to fail!" An expert said confidently.

"The mainland has expressed its full support for Hong Kong. The mainland's foreign exchange is 1300 billion U.S. dollars, and Hong Kong's foreign exchange is 1000 billion U.S. dollars. The combined funds have surpassed Japan's total foreign exchange of 2050 billion U.S. dollars, ranking first in the world." An expert analyzed the strength comparison.

"Some blue-chip listed companies in Hong Kong have announced to increase their shareholding in the company and decided to pay half-year dividends. This is the reason why the Hang Seng Index rose today"

"Dear stockholder friends, don't throw away the chips in your hands, because you will lose a lot of profits!"

That night, the public opinion circles in Hong Kong seemed to have a unified voice, that is, to sing the battle of Hong Kong's financial defense.

There is also news from a mysterious person that the Wu family has already started to enter the market, and the scale of funds is far greater than the sum of speculators in the country.

For a while, the superiority of Hong Kong people came out!

At this time, Hong Kong's per capita GDP ranks first in the world, and its technology and finance are equally developed. Backed by the market of hundreds of millions of people in the motherland, it has long had a strong sense of self-confidence.

Some time ago, the Hong Kong stock market fell mainly due to the impact of the Southeast Asian financial crisis and the suppression of international speculators;
Now that someone has stepped forward, everyone immediately began to burst into confidence.

On August 8, international speculators sold another 6 billion Hong Kong dollars, and the Hong Kong Monetary Authority made another new move—not only accepting all the orders, but also depositing the absorbed Hong Kong dollars into the Hong Kong banking system—thus stabilizing the interbank interest rate. , It prevents that once the interest rate is increased, the stock market will inevitably fall.

Since Wu's family businesses released good news one after another on the same day—increasing holdings and increasing dividends, the citizens finally knew who made the move, and their confidence immediately exploded.

The Wu family is the Optimus Prime of Hong Kong's economy, which is far beyond the comparison of ordinary families. This family created Hong Kong's technology industry and brought it to a world-class level; It has brought a large amount of foreign exchange to Hong Kong.

Hong Kong has a total population of just over 600 million, but it has big companies that are the envy of those countries with a population of over [-] million:

Xiaomi Electronics, Yaoshi Industry, Global Group, Best Group, Cheung Kong (large overseas investment), Hutchison Whampoa.
On this day, the Hang Seng Index rose again and closed at 10500 points.

However, international speculators open positions at 10000 points, because they are shorting, and they are shorting with leverage, so they have already lost a lot of money on their books;

Of course, if the delivery date is not yet due, it cannot be considered a loss.

On August 8, several blue-chip companies announced their mid-term results, but it was only some negative news. The Hang Seng Index fell into a long-short battle. Fortunately, the Hang Seng Index finally stabilized and rose by 7 points.

From August 8th to August 7th, the Hang Seng Index was staged a long-short battle, but the result disappointed international speculators, because it actually rose by more than 8 points, and the Hang Seng Index has reached 13 points.

On August 8, the decisive battle officially began. The Hong Kong government officially participated in the stock market and futures trading, and the Wu family cooperated together; the two sides first absorbed Hong Kong's blue chip stocks at any cost, and then a mysterious force also stirred up Hong Kong's small and medium-sized stocks.

By August 8th, which refers to the delivery date, the Hang Seng Index was as high as 28 points.

However, international speculators lost more than one billion U.S. dollars, and they either transferred their positions to September, or delivered immediately.

But they were afraid, and they had no intention of fighting in September again, because the Wu family made a move, and it was more ruthless than the Hong Kong government;
The Hong Kong government uses foreign exchange and needs to consider the issue of foreign exchange balance;
But the Wu family has no worries at all, tens of billions of dollars can be easily withdrawn, this time the funds used to absorb the shares of the Hong Kong company are not even 100 billion US dollars, those international speculators are afraid!

Hong Kong Brass Bureau
"Mr. Wu, thank you for your efforts this time. Otherwise, even if we defend the Hong Kong dollar, those international speculators will have a small profit; the important thing is, because of your help this time, those international speculators will not dare to fight again!" Say any trick.

When hedge funds attack Hong Kong's financial market, they are often constrained by the traditional practice of Hong Kong's financial regulators --- raising short-term loan interest rates.

而事实已经证明，在前3次冲击(1997年10月、1998年1月、1998年6月)中，香港金融管理局的措施便是提高短期贷款利率，金融管理局主席任志刚也因此被戏称为“任一招”。

Wu Guangyao said with a smile: "Hong Kong is the foundation of my family business. I want him to develop healthily more than you officials!"

Ren Zuo hurriedly said: "Mr. Wu is joking, how dare I call 'Master Guan' in front of you, I am just a civil servant serving Hong Kong's financial services!"

Seeing that Yi Zhao didn't know how to joke, Wu Guangyao didn't continue to joke!

In September, the defense of Hong Kong was completely over, and Soros failed. It is said that his Quantum Fund lost a full US$9 million in this financial war, spitting out a lot of profits in Southeast Asia.

The British were suddenly sour. When the international speculators attacked the British pound, the British government spent 77 billion US dollars to fight against the international speculators. As a result, the international speculators earned a lot of pounds;

Now the international speculators came to Hong Kong with the appearance of a great victory in Southeast Asia, but they were beaten and fled;
This dealt a blow to the self-esteem of the British!
　Because the protagonist's funds are getting bigger and bigger, and his career is getting more and more complete, the author feels that he can't write anything, so he ends it!
　　There are many old readers who have let me end more than once, and I am thinking about struggling to earn an extra month;

　　But now, I know I have to face this reality, because I can't write anything exciting!

　　If readers request to write a side story, I will write some assets and family information
　　Recently, I am preparing a new book, a very interesting new book;

　　So my readers, dads, pay attention to my book and don't unbook it;

　　In December, I will advertise this book.

　　This book will also end when the new book is released, and investors will not lose money.

　　
　
(End of this chapter)