After Proton Fund reached some secret agreements with its former owner overnight.
The Financial Institute received an email from the Federal Reserve.
"What does this guy Greenspan mean?"
"He means that we are not allowed to intervene in the stock market and futures market. If we intervene, he will publicly criticize us and even downgrade our market credibility!"
This is a threat!
The Financial Institute received another bad news.
Hundreds of billions of Hong Kong dollars have flowed into the hands of foreign hot money through various channels.
Proton Fund has established a large number of short-term short positions to short Hang Seng Index futures.
All signs indicate that the big family behind the Federal Reserve has taken action!
They will fight them to the death during the August futures loan delivery period.
If they really get their wish, Hong Kong stocks will become their ATMs, and all the evaporated wealth will flow into their pockets!
"Everyone, the incident has developed to this point. We can only report this matter and wait for the big guys to decide."
And the Wang family soon heard some rumors.
Wang Lei frowned, he could feel that the big family behind the Federal Reserve was coming for him.
These people must be unwilling to let Wang Lei pick the peach that was about to be picked in Han Country.
They planned to take this opportunity to hit Wang Lei and Wang Group hard.
Now the Hang Seng Index is at 7300 points, and every drop will bring huge profits to the people behind it.
Do they really have to let the Hang Seng Index fall below these people before they stop?
The fate of the big family made things more uncertain.
But it also made Wang Lei sure that Longguo would not sit idly by and would definitely send the national team to the field.
Wang Zhengyi smoked a cigarette with worry, he felt a strong sense of loneliness.
No matter how powerful Wang and Bailong are, they are just two companies. Compared with international hot money and several big families that suddenly came out, they are undoubtedly too weak.
"Dad, don't worry. I'll ask the White Dragon Consortium to transfer another 10 billion US dollars. As usual, we'll buy as much as they sell."
The next day, the Proton Fund, which was once again well-funded, sold 100 billion Hong Kong dollars at one time.
Wang Lei accepted all the orders, and the exchange rate stabilized at around 1:7.75.
The unfavorable news spread in the market at a very fast speed.
As soon as the market opened, blue-chip stocks began to fall on a large scale, with a drop of up to 3%. The stock index that had just risen a little began to fall again.
The Proton Fund took the opportunity to smash the market, and the Hang Seng Index fell again and again.
By the close of the morning, it had fallen to 6,800 points.
In just one morning, the Hang Seng Index fell 500 points!
Such a result seemed to give the Wang family father and son a loud slap in the face, as if to declare hegemony and tell the world that they have the final say on the rise and fall of stocks.
The atmosphere of the Hong Kong Stock Exchange was almost frozen.
Those who originally planned to join the Wang family in blocking the attack were hesitant.
Some people were thankful that they did not take over the shares on impulse. Looking at the situation, the Hong Kong stock market will continue to fall sharply.
Hansbo, who changed his name, began to shout openly again:
"Didn't the Wang family say that they would block the hot money? Why are there no voices?"
As if they had known it would be like this.
Just when people thought that the Wang family had given up, Wang Zhengyi responded to Hansbo for the first time:
"We have raised another 200 billion Hong Kong dollars and will never let the Hang Seng Index continue to fall."
Faced with such a response, the president of Proton Fund said openly in an interview with the Wall Street Journal:
"The father and son of the Wang family are fighting hard, and they will lose this battle!"
After the market opened in the afternoon, the two sides started another fierce battle, and the trading volume of nearly 100 billion was horrifying.
Until the market closed, the Hang Seng Index stabilized at 7010 points, and Wang Zhengyi fulfilled his words.
For several days in a row, foreign hot money has been dumping stocks in the morning, and Wang and Bailong have joined forces to push up the stock market in the afternoon.
This has been going on for several days.
"Son, Wang's Group has invested all the funds it can currently use. Next..."
"It's okay, Dad, just watch from the side. Next, it's my turn to perform."
Due to the withdrawal of Wang's Group, international hot money instantly gained the upper hand.
Bailong Consortium is still buying a large amount of blue-chip stocks, but everyone obviously feels that the strength is not as strong as before.
The Hang Seng Index also began to fall for several days. After a few days, it fell to around 6,600 points.
Seeing that the futures delivery period is approaching, Wang Lei is a little impatient.
If Proton Fund really completes the delivery, their arrogance will reach its peak.
Just when people thought that the international shorts had won another victory, Wang Lei suddenly received a call from Representative Xiao:
"Mr. Wang, you have done enough. Let us, Poly Group, take over next."Wang Lei was delighted to hear this, as the national team was about to leave.
He asked knowingly:
"Have you decided to enter?"
"Of course, we can't just sit back and watch."
At this time, the country had just returned, and it was impossible for them to sit back and watch foreign hot money slap them in the face, especially in the face of the Fed's warning, they had to strike hard!
Bullying others is fine, but they don't even look at the target!
With the tip-off from Representative Xiao, Wang Lei no longer looked shy.
He ordered his traders to use the remaining Hong Kong dollars to buy blue-chip stocks, hoping to buy another wave before the national team entered.
In just half a month, Wang Lei and Wang's Group invested nearly 500 billion Hong Kong dollars in total, becoming the largest buyer of Hong Kong stocks.
Since then, Wang's Group and the White Dragon Consortium have been silent.
Foreign hot money celebrated in advance, and the Hang Seng Index fell to 6,330 points. They felt that they had locked in the victory in advance.
"The Wang family is nothing but that!"
Several major families felt that they had regained their face here.
Only Guy thought that Wang Lei still had a backup plan.
From the various performances of the other party, it seemed more like a bottom-fishing performance.
Knowing that he could not defeat the enemy, shouldn't he stop the loss in time? Wang Lei still threw all the remaining liquidity into it.
"A smart man like Wang Lei should not have such a negative behavior. He must have a backup plan!"
Such a statement not only caused ridicule within the family.
It even spread to the ears of several other major families.
"I think he was scared by Wang Lei's cheating. The project of Dayu City is considered to be rotten in his hands."
"It's just a family abandoned child. The small alliance is already dead in name only."
Seeing that the elders of the clan were dismissive of his warnings, Guy was helpless.
If the Dayu Island project he was responsible for had not gone wrong, the elders would definitely pay attention to his opinions.
But now his words are not taken seriously. Who is willing to listen to him?
Guy decided not to meddle in other people's business anymore. He set his sights on the Internet in the United States and decided to change his track and work hard. Sooner or later, he would make his family members look at him with new eyes again.
August 7th was the settlement day of the Hang Seng Index.
At 10 o'clock on that day, after the market opened, the stock market was calm and the overall red market was no different from the past.
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