The Son of Finance of the Great Age - Chapter 992
Chapter 992 Kidnapping Operation (1)
On August 11, the central bank officially announced the exchange rate reform. The content of this reform is mainly to improve the current central bank’s exchange rate pricing mechanism. Before the market opens in the morning, market makers will refer to the closing price of the previous day and the relationship between market supply and demand, and report a suitable middle price that they think.
During the specific operation, the highest and lowest prices quoted by 10 to 20 market makers will be removed, and the remaining weighted average of the intermediate samples will be the median price announced on the day.
As soon as the news was announced, the central bank announced the central parity rate of RMB against the U.S. dollar at 6.2298, a depreciation of 1136 points from the previous trading day, a decrease of 1.9%, the largest single-day drop in history. The market exclaimed, and the RMB finally depreciated.
This is the second adjustment after ten years since the Huaxia government carried out the exchange rate reform in 2005. After the news was announced, the renminbi fell by nearly 2,000 basis points within three days, from 6.11 yuan to 1 dollar directly to 6.401 yuan to 1 dollar, a drop of 3.23% within three days.
The news of the depreciation of the renminbi not only has a huge impact on China’s economy, but also has a huge impact on the global market, because China’s economy is already one of the most important engines of the global market. Currency depreciation triggered a chain reaction, so European and American stock markets fell in succession in the next three days.
Not to mention the foreign stock market, the news of the exchange rate reform also had a huge impact on China’s capital market. On that day, the unrepentant short sellers smashed the market almost crazily as soon as the market opened, causing the index to drop to 3891 points at one point. However, under the influence of the news of “the three major funds for rescue funds”, both the stock funds and the wait-and-see funds have firm confidence, and then they can enter the market with confidence and boldly fight against the shorts. The two sides launched repeated rounds at 3900 points So much so that the index oscillated back and forth in this range all morning.
However, in the afternoon, the situation changed. Affected by the news of the depreciation of the renminbi, the gold, textile, non-ferrous metals, tourism and other sectors jumped up, blowing the slogan of counterattack. Among them, the textile industry, which is the main export, and the gold industry, which is a safe haven, have seen a rare market with a collective daily limit. The non-ferrous metals and rare earths sectors are also affected by exchange rates, as falling exchange rates mean their exports are cheaper. In the tourism sector, it is a bad news for domestic and overseas travel, but it is a huge benefit for foreigners to visit China.
The collective explosion of several sectors made up for the downturn in heavyweight stocks caused by the depreciation of the renminbi. Under the influence of these sectors, the index shot up again, reaching a height of 3970 at one point. But then the bear side intensified its suppression, and some institutions took the opportunity to sell, which made the index finally fall back to 3927 points, a slight drop of 0.51 points throughout the day.
The final closing index also proves to a certain extent that the good news brought by the rescue funds has been completely stabilized. There will be no major market movements in the short term, and the bottom of the stock market has been consolidated.
”Their momentum has been formed, and we cannot shake it in the short term.”
After the market closed, Xu Fei touched his chin and said thoughtfully, “At least until the 18th, we will not act rashly again.”
“What do you say over there?”
Zekang Company didn’t make much movement all day, just made some fast-in and fast-out transactions, even this opened Zhou Chang’an’s eyes. Regarding Xu Fei’s words, Zhou Changan was a little confused, “Why is it after the 18th? What will happen on the 18th?”
The “over there” he mentioned are naturally those hedge funds that are preparing to short the renminbi.
“They will do it in Hong Kong, and the offshore market is easier to operate.”
After a night of madness, Xu Fei was a little out of energy. He couldn’t help but yawned at this time, and he explained patiently after a while, “The 18th is the delivery day of this month’s futures, and now the index has been pushed up to 4000 points, and the momentum Ruhong, under such circumstances, the short sellers have to avoid their edge for the time being, accumulate strength and wait until that day to break out, and if they can suppress a little bit to recover their losses, otherwise they will be completely ruined.”
“Hedge funds naturally understand this truth, and it is the first day of the RMB trend. They have to follow up to observe the follow-up trend. After reaching a certain level, they will naturally launch. For this wave of market prices, they have already planned It’s been a long time, so it will be launched in conjunction with the domestic stock market. This is a hedge, and on the other hand, it is also a bet. If both markets make money, it will maximize profits.”
“So I estimate that if they want to launch an offensive against the renminbi, it should be within a few days after the 19th. At that time, because of the stock index delivery, there should be a small rebound on the 19th. But then it is the last Good timing, if the yuan continues on its current path.”
“At that time, the stalactite of this evil thing must disappear!”
After talking a lot, Xu Fei finally emphasized again, “If I can see the market, Zhong Shi will definitely see it too. In order to prevent him from setting any kind of trap for us at that time, we must not Let him direct himself.”
“There is no problem with this, I have already started preparations for this.”
Zhou Changan also knew that the matter was serious, so he immediately patted his chest and promised, “I will fly back to Yanjing immediately and supervise this matter personally. When I am ready, you will make an order to make this guy disappear during that time.” But I have a question, even if we temporarily detain him for a few days, can it be said that we can disrupt his strategy?”
“That’s a really good question.”
Xu Fei smiled slightly, patted the other party’s shoulder and said, “Let’s not talk about this for now, you have been with me for a while, and you should have a clear look at the internal operations of Zekang Company, and tell me what you have experience?”
“Why are you asking this all of a sudden?”
The sudden change of topic made Zhou Changan a little confused. After thinking for a while, he replied uncertainly, “It seems that there is nothing special. You formulate the strategy every day, and the traders are responsible for executing it. Could it be that Is there anything special about it?”
“Except for me, no one else knows what I think in my heart and what kind of goal I want to achieve.”
Xu Fei stared straight at Zhou Changan, seeing the other party flustered for a while, and said leisurely after a long while, “Now you understand, only I know the ultimate purpose of the whole thing and how to do it, other people are just tools That’s all. This is not only self-confidence and conceit, but also a necessary means to maintain personal prestige and maintain mystery. It can be said that if I disappear for a while, Zekang may be able to increase his net worth to a certain extent, but he will definitely not be there It was as huge as it used to be.”
“Some things are not suitable to tell others, or it is not suitable to tell others in advance, even the person next to the pillow is no exception.”
Finally, Xu Fei asked meaningfully, “The best way to unite others is to let them get rich together, but the secret of getting rich must never be leaked, this is your core competitiveness. Now you understand the truth Bar?”
“I seem to understand a little bit.”
Zhou Changan was thoughtful, “You mean to say that after leaving Zhongshi, both the rescue team and his own team will be in a leaderless state, completely unable to compete with you?”
“That’s right, that’s the truth.”
Xu Fei narrowed his eyes, nodded approvingly, and said, “Although I don’t know how they operate internally, I can be sure that because of the complicated procedures, their decision-making will not be as simple and direct as ours. .And the authority of the lower-level staff is very small, and there is not much flexibility to a certain extent, so as long as Zhongshi disappears at a critical time, our opportunity will come.”
“okay, I get it!”
Zhou Changan thought about it, and this is the reason, and he nodded immediately, “I’m going to go back to make arrangements now, as soon as your news arrives, I will do it immediately.”
“By the way, don’t hurt him.”
After thinking about it, Xu Fei said again, “A billionaire like this has many tricks, whether it is to save his life or take revenge. We just ‘invite’ him to be our guest for a while, and we don’t intend to let him have any unexpected situations.” It’s really not worthwhile to provoke such an enemy for nothing, so you must act carefully and don’t be dazzled by hatred. Maybe you are not afraid, but I am a commoner, so I have to pay attention to these.”
Ever since he knew about the grievances between Zhou Changan and Zhong Shi, he has been a little worried.
“This is natural.”
Scratching his head, Zhou Chang’an smiled, “I plan to resolve the conflict with him. Although it may not be possible to turn an enemy into a friend, at least let him stop fighting against me in the future. It is really great to have such an opponent. It’s terrible, I don’t want to have no money in the future.”
Neither of them talked about possible revenge after the incident, because in their view, it was nothing more than letting Zhong Shi go out to relax for two days, and it was not a big deal in the end as long as Zhong Shi was safe and sound. After all, only the country is lost.
“By the way, what exactly are you going to do?”
Xu Fei was still a little worried, and continued to ask, “How do you plan to do it, where to transfer him, and how to detain him for a few days, have you thought about these issues?”
“this…”
Although Zhou Changan is passionate, but he really has no experience in such things as kidnapping, he was speechless immediately, “Boss Xu, do you have any good suggestions?”
“As for the time to invite him to play, it should not be too long or too short. Three days is enough.”
Xu Fei’s eyes flickered, and he pondered for a long time before he said, “As for the specific operation, it’s very simple, for example, there was a dispute with some underworld forces, so he was kidnapped and tortured by these evil forces; A car crash, three days of coma before waking up, or even being framed, being admitted to the wrong person to pursue debts, being detained as an adulterer, in short, the method is appropriate, as long as three days are enough. Also, it is best not to put It’s safe for everyone if you get involved.”
“Boss Xu is the best.”
Zhou Changan rolled his eyes for a while, and finally gave a thumbs up, “It should be so, I will just arrange an excuse and find a few people to make him disappear for a few days. By the way, it is best to move to another place, and at last Fortunately, it is a relatively remote place, so as not to be found by the police in less than three days, which will destroy our entire plan.”
“Hahaha, I didn’t think about it.”
Xu Fei patted Zhou Changan on the shoulder, and laughed triumphantly, “That’s true, this way the whole thing is basically safe, and then we’ll wait to count the money, I guess at least a few more Tens of billions of revenue came in.”
Zhou Changan also responded with a hearty laugh.
From the beginning to the end, neither of these two people thought about the consequences of planning these things. Zhou Chang’an was confident, while Xu Fei only played the role of a military adviser, even if Qiu Hou settled his crimes, his culpability was very limited. However, what none of them expected was that the whole incident would eventually cause uproar in the city, and even aroused the anger of the highest level, so that in the end they were alone in jail, unable to breathe free air any more. The end of another person, although not so much related to the incident, also lost his life in a humiliating way.
Thanks to book friends Ouyang Shuiyang, Leng Xin Haitao, and book friends 140603203405676 for voting monthly! Thank you book friend Feng Ai for your reward! The author is working hard and trying his best to write well. I hope I won’t be as depressed as last month. I look forward to receiving the support of more book friends. Thank you~
(end of this chapter)