Hong Kong's new giants

Chapter 632 [Combination]

Thursday, November 6.

Lin Zuhui came to the top floor of Block A of Huazhi Center, which is the global headquarters of his family office.

Lin Zuhui feels that the family office is very worthwhile to establish after years of operation!

Of course, it’s not because of making money. After all, the funds/assets of the family office are currently more than 1550 billion Hong Kong dollars, seven or eight times the profit level, which can only be regarded as mediocre; but other aspects of the family office make Lin Zuhui very satisfied. For example: serving Lin family members' education, travel, shopping, taxation, legal affairs, investment advice, etc.

"How's the situation?" Lin Zuhui came to the trading room and said to Li Hao who was busy.

When Li Hao saw the boss coming, he immediately asked the trader to continue, and then said to Lin Zuhui: "Boss, I bought about 6 million Hong Kong dollars yesterday, and I will continue to buy blue chip stocks today. The current market trading volume is small, only 40~ The scale is 60 billion, so our capital entry has had a very stable effect on the entire market.”

Lin Zuhui nodded and said: "Since the effect is so great, let's enter the market with 6 million funds every day. The international speculators haven't had their fill yet!"

The implication is that international speculators are bound to come again, and then take the opportunity to buy more bottoms and lower prices;

At the same time, the trading volume is too small and the funds are too large, which is easy to attract attention.

Li Hao's eyes brightened. He always felt that the boss was plotting against the "international speculators" and let the "international speculators" work for the boss.After all, his boss is too familiar with international speculators, and every time he guesses whether they will come to Xiangjiang.

"Okay, I'll arrange it!"

There are still more than 500 billion Hong Kong dollars that have not been bought, but Lin Zuhui is not in a hurry. He knows that August will be the decisive battle.In the previous life, the Hong Kong government spent hundreds of billions of Hong Kong dollars in the market in just half a month.

Obviously, August is the best month to fish in troubled waters. In the first half of the month, international speculators sold a lot, and the trading volume magnified; in the second half of the month, the Hong Kong government bought blue-chip stocks, and the trading volume increased many times.

Therefore, he still hopes that in August, he still has 300 billion Hong Kong dollars in funds to enter the market.

The price is low and the influence can be reduced.

Of course, since the Hang Seng Index has fallen below 10000 points at this time, Lin Zuhui believes that it will not fall much lower in August, and 8000 points is already the limit (considering various factors, it is at least 1500 points higher than the previous life) .

This wave, it seems that there is no technical rebound, which scares investors enough.

In May, the Hong Kong government launched a series of real estate rescue measures. However, in June, the property market situation in Hong Kong has not improved.

Therefore, today the Hong Kong government introduced some measures to save Hong Kong Properties:

9. Originally planned to auction two pieces of land in the New Territories. Due to the weak property market and people in the real estate industry generally requesting the government to freeze land auctions, the Hong Kong government announced the cancellation of the auction plan and a freeze on land sales for [-] months.

二、将1998/1999年度预留‘首次置业贷款’的36亿增加至72亿，希望以此将合格家庭从6000户增加至12000户。

4500. The number of households providing 'home loan' increased from 10000 to [-].

Wait, there are nine measures to relieve people's hardship.

Why does the Hong Kong government want to save the property market in Hong Kong?

The reason is actually very simple. The purpose of stabilizing the small and medium-sized residential property market is to prevent the collapse of the property market from dragging down the banks and causing instability to the linked exchange rate of the Hong Kong dollar.

If the real estate market plummets, it will endanger the banks and the Hong Kong dollar. This is what international speculators wish for.International speculators know that it will be impossible to directly attack the Hong Kong dollar, but instead adopt a roundabout strategy of "destroying the property market and bringing down the banks", and finally overthrow the linked exchange rate system. This conspiracy is quite vicious.

July is not a month for futures and index delivery. It seems that international speculators will definitely visit Xiangjiang in August.

And this wave of decline is almost over. After all, the 10000 points that international speculators had not broken through in the previous two times, not only broke through this time, but also fell directly below 9500 points.

International speculators understand that Heung Kong has the third largest foreign exchange reserve in the world, and the Heung Kong stock market is also the third largest market after the United States and Japan. It cannot be settled in a pinch, but should gradually break down investors' psychological defenses and spread panic.

Therefore, August is the decisive battle!
(End of this chapter)