Looking at the scene of green on the electronic screen of the self-operated center, Meghan couldn't help but smile and said: "A US stock market crash in 1987, the Hong Kong stock market was seriously affected. Compared with the US securities market, it was even worse than that of the US securities market. As early as 1983, Hong Kong implemented a link exchange rate. The US interest rate hike Hong Kong also followed the interest rate hike. Moreover, the preferential interest rate increased significantly than the US. In addition, the snowball effect of futures indexes and spot markets, in the case of the US stock market crash, the Hong Kong securities market could not bear the pressure of selling, and the Hang Seng Index fell much larger than that of the Dow Jones Industrial Average."

"Even if the stock market crash is a huge disaster for a mature capital market like the United States, it is also a huge disaster. Last year, the Hang Seng Index fell from 3968 to 1876 points in just a few days, with a total decline of 52%, resulting in the stock market and futures market being suspended for four days in order to clear up a large number of unfinished settlements. This is the only securities trading market that hit the limit after the US stock market crash!" Chen Hongtao said with emotion and smiled.

"Even if the market is closed, in the end, many futures index holders are unable to perform the contract, which is far beyond the guarantee company's ability to bear. The exchange chairman and vice chairman announced their resignation. If it were not for the government's foreign exchange funds and multiple financial institutions to contribute to the rescue of the guarantee company, the Hong Kong government would pay fees from stocks and futures trading for repayment, and I'm afraid the current situation will be very different. It is obvious that the current weakness of the Hang Seng Index is still affected by the stock market crash. The boss feels that the Hang Seng Index will have a chance to pass 3,900 points in the future?" Meghan hesitated and inquired about Chen Hongtao.

"It's less than a year since the stock market crash last October, which is still too short for the securities market. Do you want to ask me about the bull and bear rhythm of the Hang Seng Index in the future?" Chen Hongtao stood up and said with a smile.

"Grasping the big directional trend is very important for our proprietary operations department investment, including the exchange rate between the US dollar and the Japanese yen." Meghan looked solemn and did not cover up anything.

"The Hang Seng Index looks at the fluctuation of the yen. As for the yen, I still tend to appreciate. This process should be very long. I am afraid that even if the Japanese economic bubble bursts, it will not stop. However, the risk is very high. You are not wrong with the yen's phased market. But the short term is not a good opportunity to chase the rise. From a long-term perspective, with the continuous appreciation of the yen, the trend of the US dollar against the yen is likely to decline in a large wave pattern." Chen Hongtao gave Meghan a clear reply.

It was not until then that Meghan understood why her boss asked her about the yen and then left no match for her.

"The market short side is suppressing the five tigers of China Real Estate, Cheung Kong Industrial, Sun Hung Kai Properties, Hang Lung Real Estate, Hoh Hoh Industrial. As well as New World Real Estate, the Hang Seng Index opened at 2752 points in the early trading, and has now fallen to 2711. Seeing that the situation has not stopped yet, the trading volume on the futures index is also very large." Meghan glanced at the market and inquired.

"Typical funds drive futures indexes and sell out five real estate stock leaders. It's just a trigger to hit the bulls. Yesterday, the Hang Seng Index closed at 2758 points. It has fallen by 47 points so far, and it doesn't mean to converge. It seems that the funds for trading are fierce and tight. Unfortunately, our comprehensive investment service department has not yet established an accurate information collection channel in Hong Kong. It is impossible to determine whether the main short side of the trading party is HSBC." Chen Hongtao looked at the continuous changes in his screen during the trading session, and a smile of interest appeared in his eyes.

Although Meghan had some expectations in his heart, he had calmed down on the surface. Since the international crude oil futures war two years ago, Meghan, as the self-operated minister, has lost his estimate of Mingzhu Holdings' self-operated liquidity capital.

Because of the emergence of the secret bank of Mingzhu Century Bank, the funds of the entire Mingzhu Holdings are hidden deeper and deeper.

"Have any large-scale main institutions appeared in Hong Kong in the past two years?" Chen Hongtao couldn't help but ask curiously when he found that the sell-offs on the futures index were magnifying wildly, showing the strong character of the bears.

Meghan seemed to have thought of something, and his expression moved slightly: "It is said that there is a Lin Hua investment company in Hong Kong that has grown and grown in the past two years, but it is very mysterious. The president, Shao Linhua, is a Chinese British and quite young. The company's funds are based on HSBC as the custody platform."

"Are he a Chinese in the UK? What does he have to do with HSBC? How much is the amount of funds?" Chen Hongtao asked with a smile on his face.

Meghan shook his head apologized and said, "I don't know this. I only know that this investment company is very influential. It seems that it has investment businesses not only in Hong Kong, but also in major international capital markets."

"You'll know if you go up and try it. Now the Hang Seng Index futures contract has reached 2695 points, keeping the 2690 line. Before the closing at 12:30 noon, let the Hang Seng Index rise 2700 points." Chen Hongtao smiled and signaled to Meghan.

"Which bank should I use for fund guidance?" Megan asked Chen Hongtao with some excitement.

Chen Hongtao smiled and turned the cracked jade ring on his left hand: "How much money do you have on the books of the holding company? Let's use Swiss United Bank and Morgan International Bank to guide the funds. Now the Hong Kong dollar is a linked exchange rate system, and the exchange rate is basically stable at 7.8 Hong Kong dollars to 1 US dollar, so that the holding company's chief financial officer You Peirou brought people here. This operation is only 1 billion US dollars."

Just after Meghan left in a hurry, Chen Hongtao was concerned about changes in the Hang Seng Index.

Seeing the five real estate tigers led by Changjiang Industrial under heavy pressure and rushing intraday orders, Chen Hongtao's eyes were filled with surprise.

Although Hong Kong is the third largest financial center in the world after New York and London, with many financial institutions, and international hot money is closely linked to the market. Funds can flow in and out freely. With its superior geographical location, it has become a bridge connecting the time difference between North America and Europe, in Chen Hongtao's view, this market is still not as large as New York and London.

It was not until now that Chen Hongtao saw the fierce suppression of the main funds of the market hollow side that he felt the fierce operation methods of some international hot money.

In a short while, You Peirou, who became the chief financial officer of Mingzhu Holdings, was already found by Meghan.

"Megan told you that people from the Finance Department will open their accounts and use Morgan International Bank and Swiss United Bank to allocate HK$7.8 billion to the self-operated department for operation." Chen Hongtao gave You Peirou a clear instruction.

"Megan, compared with the 25 USD in the Dow Jones Futures contract, the major index of Hang Seng Index Futures is still somewhat different. The volatility value of each point is HK$50. You should pay attention." You Peirou told the Finance Department staff to open the account and reminded Megan.

"I will." Megan nodded to You Peirou solemnly and glanced at the time of the electronic large screen.

As if he learned about Chen Hongtao's arrival and the operation of the Hang Seng Index, even Evan rushed over.

In the entire Hong Kong headquarters self-operated center, there are only two generals, Meghan and Evan. Wei has already taken Cath to Japan with him, while Agatha stayed in New York, USA, and Hanna is the regional president arranged by Mingzhu Holdings throughout the Soviet Union.

"Boss, are there any activities?" As soon as Evan arrived at the self-operated center, he quickly walked to Chen Hongtao and showed a hungry expression.

Chen Hongtao smiled and looked at Evan: "I have been in Hong Kong for some time, and the self-operated department has not operated well. There have been signs of capital movements on the market these two days, so let's try it."

"Boss, it's not easy for Hong Kong now. Japan's economic prosperity in the past two years has brought a lot of international speculators to Hong Kong. Even those who want to go to the Soviet Union to make gold have regarded Hong Kong as a place for capital transfer. Recently, the liquidity of capital in the Hong Kong securities market and foreign exchange market has been very active." Evan said with a lewd face and laughed in a low voice.

"It seems that there are many people who have the same idea as us. No wonder I think the Hang Seng Index smashing market today is a bit fierce and hot-tempered like international hot money." Chen Hongtao smiled with interest.

"It's not that the Raptors are just a river, but if it comes to the most ferocious one, we must be our Pearl Holdings." Evan looked awesome and scum.

"Why don't you go and prepare quickly, why are you idling here?" Megan said with a tough look on his face, clenched his big fist and gritted his teeth at Evan.

Seeing Evan's eyes hidden solemnity and running away with pride, Chen Hongtao smiled casually: "Megan, don't be so nervous. You can do it today's operation. Among the five tigers of China Real Estate, Hehe Industrial doesn't want it."

Megan nodded, not focusing on the electronic trading screen, but looking at the operators in the self-operated center.

In addition to the slight sound of computer price rolling, the entire self-operated center gradually became quiet.

"The books have been allocated and can be operated at any time." In less than five minutes, You Peirou had already approached Megan and signaled softly.

"It's 11:30 am now, and we start with the Hang Seng Index futures contract." Meghan's voice was very strong. Although he did not shout, it still reached the ears of every trader in the large self-operated center.

"The latest point of the Hang Seng Index futures contract is 2689, which is 16 points higher than the real market 2705." Evan led a number of traders to quote.

"Enter the market and open a position to buy a position, let the futures index point slowly rise above 2,700 points, and see the reaction of the market short side." Meghan decisively issued the operating instructions.

When he learned that Chen Hongtao had only allocated HK$7.8 billion, Evan did not ask for a big deal. He typing the keyboard and quotation: "The futures index is 2,689 points, and 2,000 buy positions are opened."

Unlike Meghan who focused all his attention on the Hang Seng Index, Chen Hongtao took a look at the 28.65 Hong Kong stock price of HSBC Holdings, and while showing a little smile on his face, he was already walking outside the self-operated center. (To be continued...)
Chapter completed!