Soros's sense of smell was still very sharp, and at the same time, he was also very alert. As a result, he immediately issued the order to stop and wanted to leave Hong Kong with the existing profits.
However, there was a prerequisite. He had to successfully complete the settlement of all the empty orders at the end of February, and the settlement was calculated according to the stock market value of that day.
In other words, G shares had to be guaranteed to still be around 7,000 points at the end of February in order to maintain the current income. Otherwise, this would be nonsense. Soros could not leave freely at any time if he wanted to.
If the stock index rose again during this period and even exceeded 15,000 points, then not only would Soros not have any profits, but he would also have to pay for it.
It was January 12th now. There were still 40 days before the end of February. The time was very long, and it was enough for many variables to happen.
However, in fact, at the beginning, Soros was not worried that there would be any changes because according to his judgment, Hong Kong's parents' intention was only to help Hong Kong stabilize the current situation and ensure that the stock market would no longer fall. As for pulling the stock market back up, Soros felt that it was almost impossible.
According to a person who had experienced this incident later, who was both Soros's student and trader, in an interview, he had also asked Soros this question at that time.
"The boss was very confident!" This person said in the interview.
"I expressed that I didn't understand. He said that G shares are like a domino. If you want to push down this set of cards, you might only need a finger or even a sentence!"
"But if you want to put this set of dominoes that have been pushed down again, then you need dozens of people to work hard for a few days without rest!"
"In order to push down this domino, I used a finger and spent one billion US dollars. Then, if you want to put this set of cards back again, you will need dozens or even hundreds of times the funds. In the end, it is not impossible to use hundreds of billions of US dollars. "
"No parents will spend hundreds of billions of US dollars, even if it is their own son!"
"In the end, the boss told me with certainty that he had news that the foreign exchange in Hong Kong's parents' vault did not exceed 50 billion US dollars. It was impossible to save the market!"
"I thought what the boss said made a lot of sense, so I was very optimistic at that time!"
This was what this person said when he was interviewed. It could be seen that Soros was very confident at this moment. He wasn't worried at all. He really couldn't think of any other way to make himself lose money.
On the second day, the stock market continued to rise, breaking through 7,000 points and reaching 7,086 points.
On the 15th, three days later, G shares returned to 7300 points, and the closing price was 7301 points.
According to the investigation of the media, Soros was still very calm at that time.
At that time, when the news came out, he even comforted the international hot money investors who came to him for an emergency meeting. He told them that this was only a short-term adjustment. At most, it would rise to about 7,500 points, and they also had to give face to others.
Yes, as mentioned before, these international hot money funds are all behind Soros. Whatever Soros does, they will do.
Soros was eating meat, and they were eating meat as well. This was because this sum of money was several times larger than Soros's own funds, perhaps even more than ten times. Soros could also use this sum of money to achieve his own goals, so there was no competitive relationship between the two sides.
Many fund managers had a good relationship with Soros. They could communicate directly with each other face to face.
When these international hot money investors saw G shares rising, they couldn't sit still. They came to Soros to ask if they should think of a way to buy G shares again.
After all, these international hot money investors were not as confident as Soros. Because they were behind Soros. When they knew that Soros started to short G shares, they hurriedly entered the market.
But at this time, G shares had fallen from 16,000 points to 13,000 points.
If they included the interest they had to pay for their empty orders, once G shares returned to 12,000 points, they would lose money. They were more anxious than Soros.
That was why Soros took the initiative to comfort them. He told them that 7,500 points was the maximum.
In Soros's words, according to his observation, that fund had invested nearly 8 billion USD to stretch the G shares index. That's all the other party could do.
These international hot money investors were comforted by Soros. After that, they left happily.
In the next two days, since it was the weekend, the G stock market would not be open. Therefore, the market value of the stock market would not change for at least two days. This also made the international hot money regain their calmness. They felt that Soros's words made sense, so they did not continue to ruin the market.
Then, on January 18th, the G shares reopened. The stock index that had closed at 7,301 points initially fell slightly to 7,252 points. This made many international hot money investors heave a sigh of relief. However, in the next moment, the stock index was pulled back up abruptly.
Within three minutes, it had returned to 7,086 points. However, this was just the beginning. It continued to expand crazily. By the time Soros received the relevant report, G shares had already risen to 7,521 points. It had directly broken through the 7,500 points limit that Soros had predicted.
"Clang!" One of Soros's favorite gadgets fell on the table with a crisp sound. Soros's expression became serious and cold.
"They've gone too far!" Soros' face revealed a furious expression. "I've already let those bastards know that I've given them 7,500 points. But they've gone too far. They're asking for a yard after taking an inch. They want to steal my wealth? Dream on!"
Soros's words were full of righteousness. It was as if someone was planning to rob him. However, he seemed to have forgotten that the wealth in his hands was also robbed from the shareholders.
However, this was also normal. It had always been like this since ancient times, being lenient to oneself and strict to others.
— — —
On the afternoon of January 18th, there was news that Soros's 7,500 points limit had been breached. Soros was very angry. He wanted revenge.
And this time, he wanted G shares to fall below 6,000 points and return to the 5,000 points era.
This news was actually just a rumor on the street. There was no official channel for it to spread, but this news frightened all the G stock holders.
Soros had actually spoken. The stock market would definitely plummet. It would definitely fall below 5,000 points!
Because of Soros's shocking achievements in Southeast Asia and Hong Kong, in the eyes of the shareholders, Soros was a stock market demon god. His words were always the truth.
If he said it would fall below 5,000 points, then it would fall below 5,000 points. This was for sure!!!
This made many shareholders who saw that the stock market had just recovered think of the heavy losses they suffered when the stock market plummeted. They also thought of the stock index that had finally recovered. They immediately threw out the shares in their hands.
No matter, they would stop the losses as much as they could.
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