Chapter 889: Comprehensive Counterattack(2/2)
Now that this stock is suddenly popping up, some people with a keen sense of smell may guess that it is related to the ongoing financial war.
Yao Yuan was very satisfied and said to Ren Zhigang, "Mr. Ren, the government's news can be released."
Ren Zhigang nodded, picked up the phone and called Zeng Sheng.
Soon, the SAR government released a message. In a nutshell, the government fully supports the construction of Kwai Chung Port and will support Kwai Chung Port in building the largest container port in Asia in terms of land use and sea area use.
This news was released on the street through a small TV station, and it was in the form of scrolling news. It was not noticeable at first. For people who don’t care about the stock market, they would not pay attention to such a text message.
Until the market noticed this piece of news, which can be said to be blockbuster, Kwai Chung Port began a rocket-like rise, with a surge of 376% in just ten minutes!
Arranged reports are coming out one after another. Some experts say that the current stock price of Kwai Chung Port is seriously undervalued. This stock has great potential to become a first-line blue chip stock in the Hang Seng Index. It is more appropriate for the stock price to reach around 100 Hong Kong dollars...
…
By the way, Wing On shares were also brought along, because Wing On Group is one of the shareholders of Kwai Chung Port Holdings Company.
This is a set of combo punches.
The dozen or so stocks under Yao Yuan's current support have soared across the board, driving the market to recover its lost ground at lightning speed. In just half an hour, the Hang Seng Index exceeded 8,000 points, and the upward momentum is clearly aimed at 9,000 points!
The Futures Exchange, the Hong Kong Stock Exchange, the Spring Breeze Team, and the government team launched a strong attack to support the two markets with massive funds. At this time, it was too late for Soros to run away, unless he could make up his mind to close his position. In that case,
It is conservatively estimated that at least half of the investment will be lost.
With 30 minutes left before the market closed, Yao Yuan had already used the US$30 billion brought in from Hong Kong’s foreign exchange reserves to complete the outflanking of Soros—hijacking Quantum Fund’s retreat in New York and setting up an ambush formation.
With 15 minutes left before the market closed, Soros, who had already realized the danger, gave it a go. He did not lack the spirit of adventure. Likewise, he had a clear judgment on the situation. If he did not put all his strength into it, his Quantum Fund would
I'm afraid it will disappear into the history of world financial markets.
He set his sights on HSBC Holdings and Hong Kong Telecommunications.
Foreign brokers released HSBC Holdings and Hong Kong Telecom at an extremely fast speed, with 170,000 shares in each transaction, a real full-force pressure!
At this time, Yao Yuan also started to get excited.
He shouted, "Take them all!"
Li Baoguo couldn't care about anything else, and shouted loudly to give instructions to the Dongfeng Team and the national team to take over all the selling orders. The four securities firms from the SAR government also went out with all their strength to take over the selling orders.
In just five minutes, the number of stocks traded reached 4 billion Hong Kong dollars!
This is almost as much as the transaction volume during the rest of the day combined!
Soros obviously had no reservations and continued to press at the same pace. Yao Yuan did not hesitate to pick up all of them. The two sides entered the stage of exchanging blood and fighting for blood bars. It depends on who can win first under such heavy pressure.
Fall down!
With no more HSBC Holdings shares in hand, Soros gritted his teeth and instructed Stanley to take out the shares of Cheung Kong Holdings and began to put pressure on the shares of his allies. At this point, he had no choice, and Li Bancheng, as early as Gao Jian
After fighting against Yu Yongan, he was so angry that he was admitted to the hospital.
Seeing Soros selling Cheung Kong Holdings, Yao Yuan couldn't help but laugh. This is called getting it without any effort. Li Baoguo had already received the order, and when he saw that Cheung Kong Holdings' stocks were being sold in large quantities, he
Eat them all as quickly as possible without even giving the SAR government a chance to react!
On one side, the Dongfeng team is fighting Soros against HSBC Holdings, Hong Kong Telecom, and Cheung Kong Holdings, and on the other side, it is continuing to support several other first-line blue-chip stocks in an orderly manner. It can be said that it is very comfortable.
The physical offensive and defensive battle continued until the market closed.
In the last fifteen minutes, the transaction volume reached more than HK$50 billion. In other words, HK$3.4 billion of transactions occurred every minute. This is unprecedented in the history of the Hong Kong stock market, and perhaps there will be no one to surpass it in the future.
Chapter completed!