Chapter 838 (1/2)
The 1997 Asian financial crisis ended on Hong Kong Island, but the financial turmoil in South Korea, Japan, Russia and other places continued.
The landlord will launch a counterattack under the order of the big boss and establish short positions at more than 37000 points of the U.S. Dow Jones index, with an average position building index of 37500 points and a position building fund of $1 billion!
You know, this is all the activity funds of the landlords' Association, and Zhuang Shikai only took out the activity funds, whether it was a defensive war or an offensive war, and did not touch other industries.
After all, industry is the basic market. In addition, his family is big and big. If the industry moves, the whole Hong Kong stock market will fall!
Therefore, he can only use activity funds!
The fund for his activities was less than US $300 million before. The current US $1 billion empty warehouse is all the ammunition and food raised after collecting and scraping Southeast Asian countries.
This $1 billion short position is built!
Wall Street hedge funds immediately sounded the alarm!
Because the US Dow Jones index has risen 20% in 1997, reaching a historical high in the past decade, which can be described as a phased subversion of US stocks
Western capital is harvesting leeks from Southeast Asian countries, and the domestic leek field naturally thrives.
Now someone is coming to short US stocks?
Don't you want to die?
Sure enough, U.S. stocks continued to rise, rising slightly every day, resulting in a continuous loss of $1 billion in large short positions, with a loss of more than $200 million in less than five trading days.
When Zhuang Shikai decided to short US stocks, both Wei Hang and Luo Minsheng said that the risk was too great!
Of course, they have no right to object. They can only raise their hands.
But Master Zhuang said, fight! They still want to fight!
So Hong Kong Island's short counterattack against US stocks began. The risk was so high that Fang Zhanbo offered incense to Mazu and Guan Gong every day, praying for God's blessing and God's luck!
Unexpectedly, a week later, Russia announced to change the financial system, limit the proportion of foreign shares in domestic enterprises, and use administrative power to break the attack and harvest of western capital!
This wave is unique!
You know, on the one hand, the West suppressed Russia, on the other hand, it also eroded Russia from economy, system and thinking.
Many large enterprises in Russia are controlled by western capital, and many large capital are also connected with western capital.
When Russia limits the proportion of western capital holding Russian enterprises, the western capital of many large enterprises can only withdraw their investment and sell their shares!
You don't want to sell? Ask Russia's steel torrent, aircraft carrier missiles and KGB agents if they agree! This kind of mandatory decree was destructive. In those years, many large oil and energy enterprises sold their shares, and no one dared to buy them!
For a time, the Russian economy fell into depression, which led to the rapid decline of US stocks!
This move is to hurt both sides. If you don't let me feel better, I TMD will kill you! Moreover, Russia itself can't keep up with the financial storm. If it doesn't keep up at all, it will take the initiative to explode. By the way, it can also clarify the internal western capital, which is quite indestructible.
It's not a good way to lay the groundwork for national reform. It's really not a good way to lay the groundwork for national reform.
Therefore, the fighting nation is also very fighting in finance!
It is said that Sima Xiang of the then president's office was the Golden Bauhinia Star, Huang Shi and others were the silver and gold Bauhinia Star, and Wei Hang and others were the copper and gold Bauhinia Star.
This is a reward and commendation for their struggle for Hong Kong Island finance.
After the establishment of the SAR government, a medal system was established, of which the eight disciplined forces followed the ”Medal of bravery” system.
People from all walks of life who have made special and outstanding contributions to the development of Hong Kong Island and the SAR government are awarded the ”Bauhinia Medal” system.