In the process of answering reporters' questions, Long Jianhua would not say that Xiangdao's financial market would be subject to snipers soon, but just secretly reminded the speculators that Xiangdao is different from other places, and you can go back. So far, he doesn't want to compete with those consortiums.

The development and change of things are not transferred by his will.

On the 3rd, data showed that the economy experienced negative growth in the second quarter and the unemployment rate rose. On the same day, Huifeng Bank announced a sharp decline in performance in the first half of the year, and its parent company's profit also fell by more than 10%. This was the first profit regression in its nine years since its establishment. As soon as the news came out, the stock price plummeted by 5.29%, dragging down the market as a whole, and the Hang Seng Index fell below the 7,700-point mark.

Therefore, the capital prepared since the first half of the year began to attack on August 5th, and sold more than 40 billion Hong Kong dollars in two days on the 5th and 6th, forcing the HKMA to accept all orders and stabilize the exchange rate at 7.75 Hong Kong dollars. This is the second time that speculators have hit the exchange rate, and the first time has been completed in late July.

Seeing this situation, speculators spread the rumor that the RMB is about to depreciate and the Hong Kong dollar is about to decouple. As Hong Kong's economic expectations continue to decline, the US stock market has also fallen all the way, resulting in the Xiangdao stock market not stopping on the decline.

On the 6th, the Hang Seng Index closed at 7354 points.

Starting from the 7th, speculators began to smash the market; on the 10th, the Hang Seng Index fell below the psychological mark of 7,000 points, and the orders were sold out in a tide.

On the 12th, Long Jianhua, Kang Liwei and Yuan Fanqi sat in their offices. Seeing the futures index opening still falling all the way, the three of them were nervous... Long Jianhua's excitement.

At 9:30, he said, "Buy to go up. The target is 7820 points."

During the talks, the people from the HKMA had confirmed that the average position building level of speculators was 7,500; both sides agreed that since the other party was going to speculate, they had to teach them a lesson and let them lose money before leaving. So they decided to set the goal at 7,820 points.

Kang Liwei grabbed his hair with a fierce look, "Mr. Long, this fund is not half of it, it destroyed several Southeast Asian countries."

Long Jianhua said lightly, "Those countries are far worse than Xiangdao. Think about Xiangdao's strength, his backstage, can it be compared with just a fund? Even without them, we can play with them for a while."

After meeting with the main leaders of the Finance Department, Long Jianhua had prepared 8 billion US dollars... nearly 62 billion Hong Kong dollars in funds, specifically for this financial sniper battle. This fund is still very critical.

The two of them took a deep breath, snapped their fingers, "Business starts!"

At the same time, banking groups have also begun to absorb stocks with potential but their stock prices have plummeted, as well as stock indexes.

All of this is going on quietly.

In the end, the Hang Seng Index closed at 6554 points.

After the market closed, Long Jianhua received a call from the Finance Department, "Dr. Long, we are going to start entering tomorrow, I hope you can enter even if you enter."

Long Jianhua responded, "No problem."

As for what I have entered today, I will not tell him. I will make a fortune in silence.

On the 13th, Long Jianhua saw that when the market opened, it was taken away as soon as the order appeared, and pushed it to 7,820 points on the 24th. Knowing that a large amount of funds organized by the Hong Kong government began to enter, he ordered Kang Liwei and Yuan Fanqi to grab the order, and how much they could grab it.

Seeing this situation, the speculator trader was stunned, "How could this happen? How could the Xiangdao government have so much funds?"

He was a little panicked.

They buy the downward trend, with an average position building at 7500 points; if this number exceeds the delivery day, they will lose money.

A subordinate looked at the computer display and shouted, "Ste, there are obviously foreign funds entering. We must continue to organize funds and continue to build this trend. It is time to continue to organize funds."

The person in charge looked at the screen silently and after a while, he said, "It's not the time yet. We have borrowed 300 billion Hong Kong dollars, so there is no big problem."

The man continued, "China has a foreign exchange reserve of US$140 billion. If we take one-third to support Xiangdao, we have no chance of winning. Xiangdao also has Long Jianhua, and the world's richest man will increase by US$400 billion if he intervenes. Man, this is a huge number."

The person in charge pondered for a while, "Long's specialty lies in corporate management and scientific research. This part is not in good condition. Yes, they have banks, but banks are not funds, they need to be responsible to shareholders and will not participate in such actions. Among the 100 billion shares they borrowed, those who do not have them are afraid that they will buy back and lead to uncontrollable prices."

In the first half of the year, they borrowed about 120 billion Hong Kong dollars to short the Hong Kong dollar and more than 6 billion Hong Kong dollars to short the Hang Seng Index Futures; after borrowing stocks with an equivalent value of more than 70 billion Hong Kong dollars to short the short selling failed, they borrowed stocks with an equivalent value of nearly 100 billion Hong Kong dollars to finish the attack. The three aspects of Hong Kong dollars, stock index futures, and stocks are the ultimate trick to defeat Xiangdao Finance.

The market does not believe in tears, nor does it believe in tears. As long as he can make money, he can do anything.

"He can lend money to the Xiangdao government, but he won't end in person. He has a research institute that requires billions of dollars in investment every year. He also donated money to China and has donated nearly 40 billion dollars, so there won't be a lot of cash."

The man shrugged, "You're right."

The next scene surprised them.

The contracts they threw were purchased one by one, reaching 7,820 points, which made him suddenly confused and no longer thrown.

On the 14th, the contracts they threw were taken down one by one and raised by more than 600 points, which was still higher than their short selling price, forcing him to withdraw again.

On this day, the Hang Seng Index rose 564 points, breaking through 7,000 points in the final session, closing at 7,224 points. This point greatly boosted the popularity of the stock market.

After these two days of operation and seeing the competition for the contract, he was sure that national power had entered.

Long Jianhua was also shocked by the surging funds. They only grabbed 62 contracts.

Money, really rich!

In the following days, the thrilling days were gone; although there were still contracts to be sold, the number was not very large.

As the closing price on the 21st approached, Long Jianhua took a sip of tea and was about to tighten the lid when Kang Liwei suddenly shouted, "Damn it! 500...not 1,000 pieces appeared at once! I'll grab it!"

Yuan Fanqi continued to yell, "One more than 800 pictures will come out, I'll grab them!"

After Kang Liwei finished the operation, he then shouted again, "There are 600 more pictures! Snatch and grab!"

Long Jianhua was a little stunned. Is he crazy? In order to suppress morale, he actually smashed the market before the closing.

He put down the teacup and watched them operate...

In the end, 3,000 sells were sold before the closing, and the two of them grabbed 1,200 in this sudden sell, making a big profit...

During these fifteen minutes, Long Jianhua's heart beat faster. He was not very sensitive to the amount, but he was very uncomfortable with sudden attacks like this.

If you don’t experience the scene personally, you don’t know the tension here. If you don’t buy these selling orders, you will fall tomorrow, which will trigger a more intense competition.
Chapter completed!