Chapter 1147: Attacker and Defender
Everything was as Zhou Ming expected. When He Yaoyang and Xinggang Times learned that the government was about to enter the market in large numbers, they immediately stepped up the publication of a new issue of newspapers. Just when the stock market was closed at noon, this latest news immediately ignited the entire Hong Kong city.
So at the first time, the number of calls from the Financial Department of the HKMA and the Information Department of the SAR Government was blew up. Countless media called them to verify the authenticity of the news. It can be said that starting from 12 noon, the seven or eight telephone numbers of each Information Department did not stop.
In addition to the public numbers of the Ministry of News, private phone calls from other people in the HKMA also rang one after another, and these were all media informants.
After all, the media informants are not undercover agents of policemen. It is often very normal for an informant to have business dealings with several or dozens of media. Now that such a big thing happens, these media naturally want to come to their informants to verify.
However, the efficiency of the Ministry of News and the people in the online business is still too slow. After all, they only have one phone number, and the people in the online business are worried about being in trouble with their bosses, so many people directly quit the phone, leaving countless phone numbers busy.
In fact, if these media are patient, they will always be able to make phone calls one after another, but how can these media have such patience? You should know that for the media, the timeliness of news is life. Whether a news is released today or tomorrow is two completely different concepts, so this makes the media even more anxious.
So these media were impatient and disliked the slowness of efficiency, so they slowly found contacts with leaders of other departments, and even called Wen Zhiwei's phone in the end.
"It seems that Mr. Wen, you need to prepare for an urgent press conference." Zhou Ming said with a smile.
Wen Zhiwei smiled bitterly on his face. In fact, this was foreseen. If international speculators have no choice but to enter the market early, they must create enough momentum. Just like now, but when the entire Hong Kong city media takes action, the HKMA will have to give an explanation no matter what.
Wen Zhiwei was very depressed. Zhou Ming was obviously the commander-in-chief of the Hong Kong City financial defense battle. Why did he do things in the end?
Fortunately, the matter was prepared in advance. With Wen Zhiwei's order, the people from the Ministry of Information could send the news immediately. All the media in Hong Kong City were already eager to see it. Many media had sent people to surround the Financial Management Bureau, hoping to get first-hand news. Therefore, Wen Zhiwei's press conference notice was issued for only more than ten minutes, and it was ready, which made Wen Zhiwei sigh that this was probably the fastest press conference he had ever held.
At the press conference, Wen Zhiwei generously admitted that the SAR government intervened in the stock market: "Although I don't know how the Star Hong Kong Times came into contact with the news, this matter itself is real, because given that the Hong Kong city stock market is currently maliciously impacted by international capital, the decline is obvious. The SAR government decided to invest 1 billion to boost market confidence. At present, these funds have been handed over to relevant professional fund companies and securities companies..."
Since the manuscript had been prepared, Wen Zhiwei's speech was quite official and there was basically no room for intentional distortion.
After reading the manuscript, Wen Zhiwei directly ended the press conference and ignored the reporter's request for questions and interviews, because first, Wen Zhiwei had long been fed up with these reporters who were determined to "make a big news", and second, this is also one of Zhou Ming's strategic layout: I hope that the news can bloom in all media as soon as possible.
The facts are
Indeed, as Zhou Ming hoped, these reporters in the Port City could not stop Wen Zhiwei, so they could only choose to fax their interview records back as soon as possible and try to broadcast them earlier.
The first station was always the radio station. Just a few minutes after Wen Zhiwei's press conference ended, Zhou Ming heard the news on the radio: The latest news on this station was at the just-concluded press conference of the HKMA, Wen Zhiwei, the President of the HKMA, had personally confirmed the news that the SAR government used foreign exchange reserves to enter the market.
Not only Zhou Ming, but also Bo Ya and the others who heard this news... Of course, they were cursing.
"These Hong Kong City bastards, the HKMA held a press conference at this time. It was finished so quickly and the radio station was broadcasting so quickly. This was clearly a conspiracy!"
"There are also Xinggang Times and He Yaoyang. They are just a skinny dog. We usually feed him big bones, and our tails are shaking very happily, but when you smell the shit, he runs faster than anyone else!"
These international speculators were so angry that they were dying because the current situation was undoubtedly forcing them to enter the market.
Affected by these news, the stock market will inevitably have a wave of gains. If they don’t find a way to enter the market now, then as the stock market rises, it will be even harder for them to enter the market.
But even if they enter the market now, they are seizing space with other local capitals in the port city, and they don’t know how much more they will cost, which makes them even more uncomfortable.
"Mr. Piero, otherwise we will continue to sell, or use futures and foreign exchange markets to suppress the stock market so that the stock market can continue to fall. We can also ask the Star Port Times to let them post a few more bad news about the SAR government and the HKMA, saying that this is a conspiracy, and let that... Yaoyang comes to post, don't ordinary people in Hong Kong believe him now?"
Someone suggested that his proposal also received unanimous support from others. After all, the current price is still too high. If possible, they still hope to drop a little further. No one doesn't want to make more money.
Kerbera broke their hopes on the spot: "Do you all have amnesia? Have you forgotten that this incident started with the exposure of the Star Harbor Times?"
While speaking, Boya raised the Star Port Times in his hand: "You can also read the article carefully. Mr. He Yaoyang has tried his best to criticize the SAR government's approach, but what's the result? It's not the first day you have invested. Don't you know the nature of the market?"
Boya is just a thirty-year-old young man, but he scolds this kind of investor in his fifties and sixties and can't raise his head.
This is not because of Bear's identity, nor because Bear's uncle Piero is here, but because they all know Bear's right.
The so-called market is actually like what they scolded, a skinny dog that leaves with meat.
The market doesn’t care whether the essence of this news is criticized or what. They only know that this news means that the stock market will rise, which is enough.
Piero waved his hand: "Okay, instead of complaining about the world like a beggar on the streets of Brooklyn, it's better to think carefully about how to solve the problem."
Everyone agrees with Piero's words. After all, no matter how angry it is, things have already happened. Instead of being a complaint from a grudge, it is better to find a way to solve it. And they are very glad that the market is closed at noon in Hong Kong City, and the spread of the media is also rapid enough to give them time to make arrangements. They will not let the Gangcheng Special Administrative Region Government
It's a good time here in the house.
But Boya poured another basin of cold water on them: "I'm afraid your ideas will fail, because if I guessed correctly, the current news should have been deliberately released by the HKMA, with the purpose of forcing us to enter the game. In fact, they were afraid that they would be ready in the morning or even yesterday."
An assistant also confirmed Beya's words: "According to the news we received, there are indeed abnormal trading fluctuations in the stock market starting at 11:00 a.m.."
Everyone's faces became ugly. They felt that they had fallen into a bureau now and didn't know what to do.
In the end, they could only turn their attention to Piero, hoping that this Morgan family could come up with a solution.
Piero told Bear that he should not joke, but rather talk about his thoughts.
This revives everyone's spirit, and Piero's words mean they have a way!
That's true, Beya said: "I have an idea that we must enter the market now, but how we enter the market and from which angle we can't control it."
Listening to Boya's words made the other people who were still frowning just now suddenly lit up.
These international speculators are not fools. As they have been playing finance for half their lives, they are very clear about defending against attacks. In fact, the defensive side has to bear greater pressure because the offensive side can choose the key points at will when attacking, but you can't do it. Not to mention everything, but at least you must take care of the key areas, such as the heavy stocks in the stock market.
But... there are not only one or two heavyweight stocks. It is simply unrealistic to control all heavyweight stocks.
This is not a question of how much money is. You must know that the news of entering the market has only been released, which has aroused such a large amount of public opinion. If the media knows that the SAR government wants to control all the heavyweight stocks, then public opinion will be directly blown up, which also symbolizes the bankruptcy of the free economy in the Hong Kong city, and the subsequent collapse of the stock market will inevitably be.
If this is true, I am afraid they will wake up laughing in their dreams.
Therefore, at most, it can control heavyweight stocks like Fenghui and Hong Kong Hong, which have a vane meaning. As for the rest, you can only leave contingency funds to deal with it.
So in this way, as long as you bypass the heavyweight stocks such as Fenghui and Hong Kong Hong, and constantly test other stocks, you can always find flaws. As long as you find flaws, you can continue to mobilize funds and eventually break the surface and hit the Hong Kong city stock market hard, just like they did in Malaysia and the Philippines.
Even the worst result is to mobilize a large amount of funds to block the stock like Singapore, and you will defend wherever the stock is broken. With sufficient funds, you can stop the stock market decline, but... you will accept the funds you invest in.
Then they praised Boya, who is worthy of being the most outstanding generation of the Morgan family, and he is indeed very thoughtful; he can still be so calm at this time, and he is definitely the best handsome guy!
After hearing them flattering for a while, Piero waved his hand and asked them to go and prepare quickly. The market will open until 2:00 in the afternoon.
These people left to prepare.
After they all left, Piero asked him: "Boya, is this the Zhou Ming you have been talking about?"
"It's him, he must have done it, only he will do it!" said Bear.
Chapter completed!