Rebirth of the Strongest Tycoon

(); "The stock market has been overturned, and the enemy holds hundreds of billions of Hong Kong dollars in funds. What do you think they can do?"

Xia Yu's mouth curled into a sneer and said lightly.

Broke down the bank capital chain? This is completely impossible, because in order to keep the money secret, the short sellers go through several special bank channels, not to mention the Hong Kong-owned banks, even the British-owned HSBC and Standard Chartered and other banks have not posted.

Therefore, it is completely nonsense to want to collapse the bank capital chain on Xia Yu's side.

Then the only thing that can be done is the foreign exchange market!

Wang Qi knew it at one point, his face suddenly became solemn, and he said in surprise: "Chairman, is the enemy trying to attack Hong Kong's linked exchange rate system? Want to destroy the foreign exchange system of Hong Kong dollar?"

Xia Yu nodded slightly: "It can only be this possibility."

"The foreign exchange reserves of the Hong Kong Monetary Authority will be updated regularly. Although it will not be disclosed to the public, this data cannot be concealed."

"It's normal for the enemy to have this mindset."

Wang Qi nodded and suggested: "Chairman, with such a huge amount of funds from the enemy, the Hong Kong Financial Authority cannot last long. Do we have to pass the Banking Association as soon as possible to convene the heads of various banks to hold a meeting, and as soon as possible Raising foreign exchange?"

"Or let the Monetary Authority come forward?"

"Ring Ling Ling..."

Just when Xia Yu was about to speak, the phone on the desk suddenly rang rapidly.

He paused and picked up the receiver: "Hello..."

"Clap!"

After briefly talking for half a minute, Xia Yu hung up the phone. He looked at Wang Qi and said with a light smile, "Zhou Shanwen called, he will come later."

"The enemy is on the foreign exchange market."

Wang Qi was stunned for a moment, with a look of emotion on his face, and sure enough, the chairman was right again.

Wang Qi is also very familiar with Zhou Shanwen mentioned in Xia Yu's words.

Zhou Shanwen was originally the section chief of the Financial Management Section under the Financial Secretary of the Hong Kong Government. However, in 1983, the Financial Management Section merged with the Banking Supervision Office and many other departments and was reorganized into the Monetary Authority. Zhou Shanwen served as the director. .

The Monetary Authority can be said to be the most authoritative institution in the financial sector in Hong Kong. It has all the powers of the central bank except that it does not have the right to issue Hong Kong dollars.

Including maintaining currency stability within the framework of the linked exchange rate system, promoting the stability and soundness of the financial system, including the banking system, helping to consolidate Hong Kong's status as an international financial center, including maintaining and developing Hong Kong's financial infrastructure, and managing the exchange fund.

It didn't take long for Zhou Shanwen to arrive at Xia Yu's office.

Seeing that Wang Qi was also there, Zhou Shanwen, who had just entered the door, was slightly taken aback, and then he respectfully greeted Xia Yu, and also attached Wang Qi.

"Mr. Xia, President Wang, good morning!"

"There are some traffic jams on the road, I'm sorry to keep you waiting for a long time."

"fine."

"Shanwen, sit down."

Xia Yu smiled and shook his head, Zhou Shanwen thanked him and sat down.

After Zhou Shanwen sat down, he took a few deep breaths, and then said, "Mr. Xia, let me tell you, this morning, the foreign exchange fund management office in the bureau reported an emergency to me, and the major licensed brokers and banks in Heung Kong informed me. My bureau applied to exchange US dollars."

"Because the amount is very staggering, the US dollar applied for exchange is as high as 5.2 billion, so after I was interrogated, I found that this was a premeditated action."

"Because the U.S. dollar foreign exchange managed by our bureau is only 11.78 billion U.S. dollars, for the time being, I will let the following exchange and drag..."

After reporting in one breath, Zhou Shanwen was stunned to find that Xia Yu was not surprised at all, but had an inexplicable smile on his face.

"This……"

Seeing Zhou Shanwen's astonished appearance, Wang Qi explained with a smile: "Director Zhou, before you called, the chairman had already guessed it, and the enemy's funds amounted to hundreds of billions of Hong Kong dollars. Now you have counted it. The exchange volume of $5.2 billion is just the beginning."

Zhou Shanwen's eyes widened and he was horrified: "There are hundreds of billions of Hong Kong dollars?"

"If it is all converted into US dollars, it will cost at least 50 to 60 billion yuan. With the power of the Financial Authority, it is simply impossible!"

Where does the foreign exchange from the Monetary Authority come from?

By buying from the market!

Buying requires a large amount of capital. Where does this capital come from?

Although the enemy has a large amount of Hong Kong dollars, these Hong Kong dollars cannot be transferred to the Monetary Authority until the transaction is completed.

This process takes a long time!

The most important thing is that once a large amount of US dollars is bought in the short term, it will definitely cause the offshore Hong Kong dollar to rise against the US dollar.

In this way, the more foreign exchange you buy in US dollars, the greater the loss of the Monetary Authority, because no matter how much the US dollar is bought, if the Monetary Authority wants to maintain a fixed exchange rate in Hong Kong, it must exchange 6.1 Hong Kong dollars to 1 US dollar. The proportion of exchange to licensed institutions.

If the enemy's energy is large enough, it can completely block the Hong Kong Monetary Authority from the source, and try its best to make the Hong Kong Monetary Authority have money but not be able to buy US dollars, then the linked exchange rate system of Hong Kong will naturally collapse as time drags on.

If the official price fails, the black market will naturally prevail, which cannot be stopped.

"Mr. Xia, what can we do?"

Zhou Shanwen hurriedly looked at Xia Yu. At this time, Xiangjiang was the only one who could solve the crisis that might break out.

Xia Yu took a sip of tea and said calmly, "I'll give you a reassurance that you can buy U.S. dollars for sure, as long as you hand over Hong Kong dollars to Jiuding Bank, you can buy more U.S. dollars for you. "

If someone else said this, Zhou Shanwen would definitely scoff at it, but if it came out of Xia Yu's mouth, he believed it!

Even if it involves at least five or sixty billion dollars!

"Mr. Xia, I am completely relieved to hear your words." Zhou Shanwen breathed a sigh of relief and said with a smile.

But Xia Yu shook his head, causing the smile on Zhou Shanwen's face to freeze instantly.

He asked cautiously, "Mr. Xia, is there any problem?"

"Boom! Boom!"

Xia Yu tapped his fingers on the table and said lightly, "The problem is not with me, but with you!"

"You must also go all out to buy US dollars under the condition of stable exchange rate, and use war as power to improve your ability to deal with crises."

"Not only that."

"The enemy will definitely try to create negative public opinion, so you have to stand up and show your confidence and determination by showing a strong hand. You can't let the enemy take the lead, do you understand?"

"Otherwise, panic will cause people to think about exchanging dollars to keep their funds in value, then it won't be possible to solve the problem with foreign exchange of 50 to 60 billion U.S. dollars!"

This picture appeared in Zhou Shanwen's mind, he shuddered suddenly, and said solemnly: "Mr. Xia, please rest assured, I will definitely stand up and fight these enemies to the end according to your instructions!"

Xia Yu's eyes flashed with satisfaction, and he nodded slightly and said: "Crisis crisis, danger brings opportunity!"

"In my opinion, this crisis is an excellent opportunity. As long as this crisis is resolved smoothly, the prestige of the Monetary Authority will be completely established, and the self-confidence of Hong Kong people will be more abundant."

"At the same time, it will also play a cornerstone role in Xiangjiang's strategy of becoming an international financial center."

Zhou Shanwen sat up straight, nodded heavily, and responded loudly: "I understand, I will not disappoint you!"

Xia Yu nodded with a smile, and said again: "I'll teach you some more things..."

After telling Zhou Shanwen again and answering all his questions, Zhou Shanwen left with brisk steps.

After Wang Qi knew the deployment, his mind also became active, and he was ready to play with the bears on the Hang Seng Index futures, and then scrape a layer of oil and water from the enemy.

Not as Xia Yu expected.

The enemy deliberately spread news to create market panic. By the afternoon, the news of the crisis in the foreign exchange reserves of the Hong Kong Monetary Authority spread in the financial circles.

For a time, major institutions hurriedly held high-level meetings to study and judge the current situation.

Xiangjiang's clear capital war situation has been cast a shadow again...