Chapter 465: Taking over the real estate market

The Hong Kong SAR government publicly announced its entry into the market to intervene, and a large amount of funds entered the market to boost the Hang Seng Index. This result was something that no one expected, and the result was also very sensational.

At this time, the fat white men's subordinates were impressed by Chen Minglope. After all, the Financial Administration, which acts as a central bank, directly entered the market to intervene in the futures stock market. This is the first time in the global open capital market. The Hong Kong government announced that it had used foreign exchange funds to intervene in the stock market and futures market, which shocked the market.

However, international speculators such as Soros who were seriously damaged were immediately very angry. The entry of the SAR government to the market disrupted their deployment. At this time, the SAR government's foreign exchange reserves were sufficient and it was supported by the central government's foreign exchange reserves. The amount of funds was more than twice as large?

Judging from the financial energy they had prepared before, they now feel a little overwhelmed.

However, Soros and others were naturally unwilling to give up their defeat. They immediately incited their words and launched a global public opinion war against the Hong Kong government.

At the same time, speculators once again played the trick of striking the world, forcing Russia to announce on August 16 that it would give up its defense of the ruble, causing a sharp drop in the US and European stock markets on August 17 in an attempt to impact the Hang Seng Index.

However, what disappointed them was that the Hang Seng Index was in danger the next day, and it only fell slightly by thirteen points at the close of the market.

Success in the first battle does not mean that the opponent will abandon the city and surrender. On the 27th and 28th, international speculators will make a lot of effort in the stock spot market, attempting to defeat the Hang Seng Index.

While the Hong Kong government was holding on to the stock market, after several days of thrilling war, the price of August contracts increased to 7990 points in the futures market, and the settlement price was 7851 points, 1,200 points higher than before entering the market. It also received all sell orders, with a transaction of nearly 100 billion Hong Kong dollars in two days, setting a record for the highest trading record in the Hong Kong market.

However, international speculators did not give up. They believed that the Hong Kong government had invested a huge amount of 100 billion Hong Kong dollars, and the pressure of funds and public opinion made it impossible for it to support it for a long time. Therefore, they decided to transfer short-selling stock index futures contracts from August to September, hoping to fight a protracted war with the Hong Kong government.

Starting from the 25th, international speculators shorted the September contract in large quantities while closing their positions in August.

At the same time, the Hong Kong government took advantage of the profits of closing positions in August, making the price of the September contract 650 points higher than the settlement price of the August contract.

In this way, international speculators will pay more than 30,000 Hong Kong dollars per contract, and they can be said to be completely defeated in the competition for the August contract.

At this time, Chen Mingluo had already returned to Yangshuo with Yang Jier.

To be honest, sharing the spoils is a very distressing thing.

After Chen Mingluo came back, he calculated carefully. Although he made a lot of profit this time, he had almost won 5 billion US dollars in addition to cost, according to the agreement reached with Fatty White before, he would give him half of the profit. After all, he was making money through his channels.

In other words, you have to give him 2.5 billion US dollars for nothing.

When talking on the phone with the fat white man, the other party was so happy that he couldn't hold his mouth. "Haha, I knew you were a money-making expert in the game. As expected, this is the case. This amount of money is enough to spend in the game for a while."

"Do you want to go to the public account?" Chen Mingluo asked curiously.

"Of course not. If you go to a public account, it will be inconvenient to spend it." The fat white man replied.

In fact, the 17th Games mainly have a greater influence in the economic field, and of course they spend a lot of money. Not everyone is like Chen Mingluo, who can make a lot of money, so the funding has always been a headache. Now that the income has suddenly increased, the fat white man is naturally very happy.

The 17th Bureau also has several secret accounts overseas. The money will be transferred in various forms and become the activity funds of the 17th Bureau. In the words of Fatty White, Comrade Chen Mingluo, you have made considerable contributions to the national security work.

After the two of them had divided the spoils, Fatty Bai asked Chen Mingluo where he invested so much money to develop?

"The original funds should be paid back, and the mortgages and other things must be handled. I plan to invest all the remaining money in Hong Kong." Chen Mingluo replied.

"If you commit to the mainland, it will be more effective?" Fatty white man was a little puzzled when he heard this.

According to his idea, Hong Kong is a relatively mature market and has relatively fewer opportunities. Moreover, there are many aristocratic families in various industries in Hong Kong that divide various resources and forces. If you insist on squeezing in now, it may cause some trouble.

Moreover, in terms of returns, the return rate of investment in the mainland will also be higher. Of course, this is a topic other than investing in the stock market and futures market.

From a purely industrial perspective, there is only one real estate left in Hong Kong that can be considered.

"That's right, I just want to invest in real estate." Chen Mingluo immediately said.

In fact, this financial crisis seems to have won, but the actual effect is hard to say. Although Soros and others did not enjoy the sweetness in the Hong Kong dollar and did not gain much benefit in the futures market, they always ate the fatty meat from Hong Kong.

The most important thing is that the four attacks of Soros and others have brought considerable impact on the Hong Kong people, and this psychological barrier is difficult to eliminate for a while.

Speaking of which, this has happened more than a year.

In February last year, ASEAN Secretary-General Singh was still raising his arms and shouting, urging ASEAN countries to work together to accelerate the construction of the ASEAN free trade zone and strive to establish an open, transparent and open investment zone in the trade zone in 2000. For a time, member states such as Brunei, Indonesia, Singapore, Malaysia, Thailand, the Philippines and Vietnam responded strongly and were ready to try. At that time, China was not a member of ASEAN, and China could be invited to attend their meeting as an observer.

Perhaps, after the EU formed a climate, in order to maintain the internal attractiveness of ASEAN, enhance global competitiveness, and take the free trade zone and establish a common market, it seems that their relatively favorable choice is theirs.

At the same time, the radical Argentine President Menem also echoed each other thousands of miles away. He has always been drastic and has gone further and more urgent than the leaders of ASEAN member states. At the same time, he seems to have a broader vision. He proposed to establish a free trade zone composed of thirteen countries in Southeast Asia and South America to form a super duty-free market that can benefit ASEAN's 400 million people and South America's 200 million people.

Australia, which traditionally belongs to European countries, has also sent out many trips to Southeast Asia for geopolitical reasons, repeatedly claiming that it is actually an Asian country and remarries Asia, hoping to join this huge free trade zone.

It seems that the appearance of the Asian miracle is just beginning. Asia is like a magic lamp that has just been lit. As long as you are willing, shouting at the magic lamp, any miracle will appear, and you never have to worry about when the lamp will lose oil.

For the nouveau riche who made a lot of money in Asia and those who were brave enough to make first landings, Asia is like an unparalleled mint, with a lot of wealth rolling in and unable to stop it. The only thing to do is to invest a little money for them, and then prepare the largest and fastest banknote counter.

Therefore, private capital, including state capital, flocked into Southeast Asia, occupying the bridgehead for plundering resources first.

At the beginning of last year, IFC conducted a survey on so-called emerging markets such as Asia, Africa, Latin America and Eastern Europe, and believed that investment in East Asia accounts for more than half of private capital, and what are these capitals doing in East Asia?

Of course, many people are in industry, that is, they use Southeast Asia's low labor and low raw materials to produce products and export them to the capital's home country to obtain high profits. What is left to the invested country is the low wages of sweatshops, and nothing else.

But there are some capitals that are not investing in industries, but some hot money.

Half of the more than 130 billion US dollars of foreign investment that flowed into the eight Asian countries last year were in the form of equity investment, that is, it flowed into the stock market. At that time, the stock markets of emerging countries such as the Chinese stock market were still in the early stages of development, with few stocks, and hundreds of millions of dollars could be a stock dealer, manipulating stock prices to rise and fall, and various countries generally lack relevant legal provisions for the crime of stock market manipulation.

Therefore, the investment in Southeast Asia is mostly profit-seeking, follow-up, and blind private capital, and a large part of it flows into the stock market.

When Southeast Asians use the most frequently to attract investment, the most frequently to investors use the word to make money and are ready to take off after making money.

Soros saw the problems that arise in the Southeast Asian economy and planned to make money by using these problems. For more than a year, he went in and out, using spot, exchange rates, currency, stocks, futures and other means to attack in all aspects, realizing the deification of getting rich overnight.

Although Hong Kong has maintained the stability of the Hong Kong dollar, it has also made many mistakes. Although it withstood the Hang Seng Index this time, it cannot change the long-term sluggish situation of the stock market futures market, because people are dispersed and the team is difficult to lead.

In the overall economic index, Hong Kong's real estate and real estate have also suffered heavy losses. Many real estate projects have begun to plummet, and after being cut in half, they can still be discounted. The volume is large and the price is better, and they are almost sold out regardless of cost.

It is not ruled out that many real estate projects are props in the hands of international hot money, and are themselves tools to hit the stock market through selling. At this time, hot money has receded in full swing, and the real estate market will naturally fall a lot.

"What a country fears most is not the mediocre people in power, but the self-righteous mediocre people in power, because they always regard mistakes as correct and repeatedly prove their mistakes are correct, so they will always help the enemy at critical moments." When Chen Mingluo thought of this, he couldn't help but sigh.

Chen Mingluo chose to enter the Hong Kong real estate market at this time, but in fact he saw that although the current Hong Kong real estate market has suffered a heavy blow, with the central government's strong support to the Hong Kong Special Administrative Region government, the economy will definitely recover in one or two years, and the first thing that benefits will be the real estate market.

"The investment now may be better rewards within two or three years." Chen Mingluo said to the fat man.

"That's OK, but I won't participate." Although the fat white man was a little moved by Chen Mingluo's thoughts, what he lacked now is money and needed a lot of financial support, so it was not convenient to follow Chen Mingluo to take another gamble, but chose to make a profit.

Basically, this time, it doubled its assets, or there were some extra funds, which looked like hundreds of millions of dollars.

Chen Mingluo spent 2 billion US dollars to invest in the Hong Kong real estate market. The investment targets he targeted were mainly those luxury office buildings and luxury houses located in prime locations. According to his impression, although these properties have fallen poorly now, due to the different consumer groups, they are also the fastest rebounding and are most suitable for their own investment.

It took almost seven years for ordinary Hong Kong real estate to fall from a dark drop to a final rebound.

Of course, Chen Mingluo could not spend so much time here. What he wanted was just one or two years of buffering time. As long as the price could be restored to the original level, his investment would be doubled.

"By the way, what are the flood control and disaster relief? Do you plan to donate how much money?" Fatty white asked casually.

"Yeah—" Chen Mingluo pondered without saying a word.

This year, the country has encountered major floods that have not been encountered in a century, including the Yangtze River, Songhua River and Nenjiang River basins. The affected areas are unprecedented in size, and the economy of the disaster area has also suffered a great blow. As of August 22, a total of 29 provinces, autonomous regions, and municipalities across the country suffered floods of varying degrees. Jiangxi, Hunan, Hubei, Heilongjiang and other provinces and regions were the worst affected.

On the evening of August 21, the Ministry of Culture and the Ministry of Civil Affairs held a large-scale disaster relief charity performance party "Working Hand in Building the Great Wall" in the Great Hall of the People. The audience who watched the performance on the spot may have never seen such an exciting scene in their lives.

Indeed, Chen Mingluo also admitted that the party was tear-jerking, and even if it was a heart-warming person, he would be deeply moved by the exciting scene.

People have seen countless literary evening parties in theaters and in front of the TV at home, but they have never been so passionate.

Because on the day of the performance, it was the sixth peak of the Yangtze River and the third peak of the Nenjiang River, which was a critical moment when people, young people, and land, and the north and south fully supported flood control.

After thinking about it, Chen Mingluo said, "I'd better support post-disaster reconstruction. At that time, I will allocate 500 million US dollars to strive to build a batch of high-standard residential buildings in the most severely affected areas and provide them to the affected people at a cost price."

"Oh?" The fat white man was surprised when he heard this, thinking that Chen Mingluo has never been such a stingy person, so why would he not even be willing to donate cash?
Chapter completed!