Before Hong Kong City returned to its arms in 1997, there was actually a lot of preparations in China, especially in the conflicts and disputes between China and the Ugly Kingdom in 1996, which showed a rogue appearance.
The entire Chinese have completely lost confidence in the Ugly Kingdom. The other party is obviously not a country that emphasizes credibility.
If you carefully study the history of Ugly Kingdom, you will find that this country is completely born of pirates, so how can the descendants of pirates be trustworthy?
Sometimes Chinese people always make an empirical mistake, that is, they always use their own ideas to save people by themselves, which is a complete mistake.
For foreigners, without credibility and without bottom line, they will not be touched by others.
Mainland China has repeatedly warned ugly countries and Western countries not to take risks, and all-round vigilance has been launched, and there is a possibility of war at any time.
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George Soros’ short selling plan in the “Demon Kingdom” was very successful, creating an economic crisis artificially, and even in small countries such as the Philippines and Singapore, the returns were very good.
Many financial practitioners now call George Soros a “financial killer” and “devil”.
The speculative capital “Quantum Fund” led by him has caused trouble in the financial market, causing trouble and shattering the wealth of many countries.
The pockets of thousands of people were hollowed out, making them penniless overnight, so they became the target of public criticism.
But George Soros never concealed his goal as an investor to pursue profit maximization, and he once defended himself that he speculated about money just to make money.
In the transaction, some people make profits and some people lose. This is very normal, and he is not harming anyone. He has no guilt for anyone who suffers losses in the transaction.
George Soros seemed to have no sense of guilt, even though the economic crisis he created caused many people to go bankrupt, and many even committed suicide by jumping off the building.
He all thinks that the winner is the king, and the loser is the enemy. He wants to be a person who plays an important role in the financial industry, or is called the stock god.
He still hasn’t caught up with Yan Cheng’s gains, but the money he obtained in the stock market is still not as good as Yan Cheng!
Because Yan Cheng had a very powerful financial operation, he happened to encounter the opportunity of the “bubble economy” of the foot-basin chicken, which made Yan Cheng eat his fill directly!
And making money is made in billions or tens of billions of dollars, and this speed of making money is still unrivaled in today’s society.
George Soros has absolutely clear understanding of his abilities over the years. He can stir up the economic crisis of small Southeast Asian countries and even ensure that quantum funds grow at a 35% rate every year, attracting a large number of high-quality customers!
AndThe td.cs financial institution founded by Yan Cheng also attracted a large number of high-quality customers at a growth rate of 810 percentage points per year.
Even the number of customers attracted is very large, and the quality customers are comparable to George Soros.
Really rich people will not put all their eggs in one basket, and there are many people who just want their assets to beat inflation and have already won.
Of course, it would be even better if you can make money. It’s just that the profit is too high, but many people can’t believe it.
Therefore, the td.cs organization has always been a good candidate for the outside world, but it does not have much profit, but it reassures many customers.
I raised more than 100 billion US dollars, and I had so many financial debts, and I almost invested in some assets at will to ensure annual returns.
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George Soros’s movements have also been detected, and his movements have caused the stock market in Hong Kong City to be turbulent.
Yan Cheng knew that George Soros would not give up, and he always paid attention to the trends of Quantum Fund.
After Yan Cheng received the news, George Soros seemed to intend to launch a large-scale short-selling action against the Hong Kong City stock market.
Yan Cheng was shocked. Harbor City was about to return to the embrace of the motherland. How could George Soros succeed!
‘This will hit the world’s confidence in the Chinese market. If George Soros is really successful and completely plunders the Hong Kong stock market, it will cause a phenomenon, that is, many hot money or financial tycoons will come to China to cause trouble!
If you can’t fight back to the other party in one fell swoop, then it’s over. This is a game of zero sum and countless times, breaking the taboo. ’
Yan Cheng immediately convened the elites of td.cs financial institutions to discuss countermeasures.
They deeply analyze the economic structure of the Hong Kong city, the stock market situation and the huge mainland support force behind it.
Yan Cheng decided to join hands with the local financial forces of Hong Kong City to deploy defensive measures in advance. On the one hand, it stabilizes the hearts of the stock market, and on the other hand, it secretly absorbs high-quality stocks.
Just as imagined, in mid-July 1997, the Hong Kong dollar suffered a large number of speculative selling, and the Hong Kong dollar exchange rate was impacted and it declined all the way.
The Hong Kong City financial market is in chaos, with the doors of major banks full of bank runs, and the Hong Kong dollar pair is in a hurry for the first time in many years.
The Hong Kong City financial management authorities immediately entered the market, forcibly intervened in the jin market, and bought a large amount of Hong Kong dollars to maintain a rate that the people would not panic against the US dollar.
In the first week, it did have the expected results. But soon, the Hong Kong dollar exchange rate fell below the 7.7500 Hong Kong dollar mark.
Hong Kong City Financial Administration has used foreign exchange reserves to fully interfere in the market and regain the Hong Kong dollar exchange rateThe rise to above 7.7500 yuan shows strong financial strength.