October.

Although it was said that we would make a fortune together, the summer took nearly a month and it was not until he accumulated nearly one trillion Hong Kong dollars that he met with Elder Zion to discuss his plan to make money by "sniping Hong Kong".

Although the sniper in Hong Kong is always the one who bears the reputation of Zion, the biggest profit in summer is to take it yourself. Whoever has the most Hong Kong dollars in his hand will undoubtedly be the biggest winner.

The operation of sniping Hong Kong is like this: First, lend a large amount of Hong Kong dollars from Hong Kong banks to sell them in the international foreign exchange market. Since Hong Kong adopts a fixed exchange rate, the exchange ratio between the Hong Kong dollar and the US dollar is 7.8 to 1. In order to maintain the stability of the exchange rate, the Hong Kong government must buy back the Hong Kong dollar in the foreign exchange market, which requires the use of the Hong Kong government's foreign exchange reserves.

At the same time, in order to avoid further sniping of the Hong Kong dollar, the Hong Kong government will inevitably increase the loan interest rate, increase the difficulty of financing for snipers, and interrupt their capital flow.

Otherwise, snipers can continuously lend a large amount of Hong Kong dollars from banks and sell them in the international market. Then even if the Hong Kong government has trillions of foreign exchange reserves, there will always be times when it is hollowed out.

As far as Xia Tian knows, the Hong Kong government's foreign exchange reserves are only more than 80 billion US dollars, and even if all assets such as land funds are added, it is only more than 100 billion US dollars. This money is not as much as his, let alone the Wall Street investment bank. So the Hong Kong government will inevitably fail in this sniper battle.

Once the Hong Kong government loses the sniper war, it will only have two ways to go. One is to implement a foreign exchange management system to restrict the entry and exit of foreign capital. This is undoubtedly a bolt from the blue for Hong Kong, which is known as the "economic free trade port". Once implemented, it will seriously affect economic development and even lead to the collapse of Hong Kong's economy.

The second is to learn from Moxico, give up the fixed exchange rate and allow the Hong Kong dollar exchange rate to fluctuate freely. At that time, the Hong Kong dollar value will inevitably plummet, and Hong Kong's real estate, stock markets, futures and other markets will collapse, becoming a fat duck with no power to fight back and will be slaughtered. At that time, summer will undoubtedly become the biggest winner.

...

In his previous life, there were three main reasons why the Hong Kong government was able to escape from Soros' sniper.

First, because Hong Kong was supported by the mainland's foreign exchange reserves at that time, and the combined total of hundreds of billions of dollars, snipers such as Soros were not afraid;

Second, because Soros and others lacked funds at that time, it is estimated that the funds they mobilized were only about 200 billion US dollars, which was almost the same as the foreign exchange reserves of Hong Kong and the mainland, so they did not dare to fight to the death;

Third, the Hong Kong Monetary Authority issued new new rules for foreign exchange, stocks and futures trading settlement, which greatly restricted the speculative behavior of snipers.

Among these three reasons, the third one is actually the decisive factor. It means that the Hong Kong government, which was the opponent of the sniper, now has to work as a part-time referee and begins to formulate rules of the game that is beneficial to it. In this way, even if the snipers such as Soros are powerful, it is difficult for them to achieve great things, so they can only stop when they are better.

However, the Hong Kong government's actions later criticized, believing that it excessively interferes in economic operations and is not in line with the way of free trade, and deviates from the "active non-intervention" policy it had formulated before.

...

After hearing Xia Tian’s idea, Presbyterian Zion was very interested and immediately hit it off.

Hong Kong and Moxico are similar to those of Moxico. Both pursue economic liberalization, and foreign capital is very convenient and unrestricted. In the past 10 or 20 years, the economy has been growing rapidly and has accumulated a considerable wealth; the currency and the US dollar have both fixed exchange rates, which leads to rigid monetary policy and is difficult to respond to the turmoil in time.

In the first half of the year, they made a big profit in Moxico, and at the same time they also verified the power of the "Soros sniper method". Now facing Hong Kong, which is in the same situation, they can use the same trick again and make another profit. How could they miss such a good opportunity to make money?

"How is it, my idea is still good, right?" Xia Tian smiled at the elders.

Everyone nodded with a smile, "Mr. Xia, you are really good at discovering business opportunities."

"My roots are in Hong Kong, so it is naturally close to the waters." Xia Tian smiled. "In the past one or two months, Hong Kong's economic turmoil has been turbulent, especially HSBC, Henderson, Hutchison, Cheung Kong, Jardine Mahjong, Swire and other large consortiums have all been scandalous, causing panic. It's time to take action!"

"It's right." Everyone agreed. They also know about the news in Hong Kong in recent months, especially the crisis in the summer, which attracted their close attention.

In their opinion, the current situation of several famous consortiums in Hong Kong is not good. Several consortiums have lost hundreds of billions of Hong Kong dollars because of their investment in the Middle East, and then have caused trouble for the "naked short selling". These negative news are a serious blow to the Hong Kong economy and have greatly damaged the confidence of the Hong Kong people.

The so-called "striking his life while he is sick and sniping Hong Kong at this time can just use this to incite public opinion and further undermine the confidence of the Hong Kong people, thereby prompting the accelerated collapse of Hong Kong's economy.

"Since you all agree with me, then we're just going to make a decision." Xia Tian smiled, "When will we take action?"

"We need to do some preparation, at least two or three months," said White Weinberg.

Although Hong Kong is similar to Moxico, there are still some differences. They have to do some meticulous investigations to make sure that they know themselves and their enemies will never be defeated.

In addition, they have to lend a large amount of Hong Kong dollars from Hong Kong banks. Otherwise, it would not be enough to shake the Hong Kong dollar exchange rate. With the ability of the Presbyterian Church, it would take at least two or three months to complete these.

"Okay, then I'll wait for you." Xia Tian nodded and said, "Hurry up and don't let me wait and worry."

"Don't worry, we will never miss the opportunity to make money like this." Weinberg smiled.

Although Hong Kong has a much smaller territory than Moxico, its economic scale is far higher than Moxico. If this sniping is successful, their profits will be much more than the last time they sniped Moxico. Therefore, they will not miss such a good opportunity to make money even if they kill them.

"Well, okay, I'll let me know if I have a decision." Xia Tian smiled, "I'll say goodbye first today."

"Mr. Xia, please wait a moment." Weinberg suddenly called him.

"What else?" Xia Tian asked in confusion.

"That's right, we all want to ask, when will your marriage with Miss Jennifer Connery be held?" Weinberg asked with concern.

Xia Tian is getting stronger and stronger now. A few days ago, he took out more than 300 billion Hong Kong dollars at once. This fact is a bit incredible. You must know that even the Presbyterian Church of Zion could not afford to spend so much money.

So in the eyes of the elders, Xia Tian has too many secrets. If you want to figure out these secrets and want him to take them for yourself, the best way is to turn him into "his own people" as soon as possible.

Marriage is undoubtedly the best way. In this way, as long as they have children, they will automatically become Yu Tairen. After inheriting the property of summer in the future, this inheritance will be the wealth of Yu Tairen.

So they are now paying attention to the marriage between Xiatian and Jennifer Connery, hoping that they can get married and have children as soon as possible to achieve the purpose of assimilating Xiatian.
Chapter completed!