Lu Feng took the phone away from his ear and muttered, "That's it? I was going to give you some advice. It's okay if you're trapped inside, just find a scapegoat and let Europe take care of it!"
The atmosphere inside the Goldman Sachs exchange was so heavy that no one dared to speak. At this point, like a cornered beast, there was no better way than to fight to the death.
However, today is not a good day for trading. People must control their emotions. Once you get carried away with financial trading, it's easy to lose everything.
Whether you sell during a downtrend or buy during a rally, you must never do anything outside of your plan!
Wall Street didn't make any big moves, and Lu Feng wouldn't let the Hong Kong dollar close at around ten dollars. In the last half hour, he slowly pulled the price back to nine dollars. The whole day's trading looked like a huge W with two pits. If you stepped into either one, you'd never be able to climb out in your lifetime!
With the Hang Seng Index stabilizing recently, market confidence has picked up slightly, and Lu Feng has been giving fewer interviews, trying to keep ordinary people from feeling the intense atmosphere of the market. However, Lu Feng has scheduled an interview today to give the outside world some updates.
This is a stage victory for the Hong Kong dollar and Hong Kong stocks. Lu Feng is very familiar with the gambling nature of those companies on Wall Street. In his previous life, Soros's short selling lasted for more than a year, and he launched no fewer than five major attacks, although he lost money and left the market each time.
However, he was persistent in trying to break through the Hong Kong dollar, simply because he couldn't accept losing money. He was driven by a gambler's mentality, thinking that he could win back everything he had lost in one go.
Tiger Fund has now fallen into this gambler's mentality: "If I sell everything I own and add a little more, I can definitely destroy the Hong Kong dollar."
Lu Feng's purpose in giving this interview was to try to dispel this mentality and make them fully accept the outcome of losing everything.
Facing reporters, Lu Feng wore a faint smile and appeared to be in excellent condition. The tension and fatigue he felt more than half a month ago had completely disappeared.
"Could Team Leader Lu give us an overview of the current situation regarding the Hong Kong dollar?" the reporter asked.
"Judging from the trading volume, the Hong Kong dollar has entered its final stage, and the short-selling power has dropped significantly. Compared with the beginning of September, the short-selling power is less than one-tenth, which shows their fatigue!" Lu Feng replied.
"So what will be the trend of the Hong Kong dollar next?" the reporter asked.
"Stabilization and recovery will be the main direction for the next few months, returning it to where it should be. The Hong Kong dollar is an important member of the global community, and its value cannot be overturned by any group or individual. Of course, we will continue to protect the Hong Kong dollar to prevent some people from taking the opportunity to cause trouble," Lu Feng replied.
"There are recent reports on Wall Street predicting that China's foreign exchange reserves are rapidly drying up, leaving it defenseless against Wall Street's attacks. What is your response to these claims?" the reporter asked.
"What I want to say is, don't calculate how much foreign exchange reserves we have left, just like some people like to calculate how many weapons we have, how many tanks we have, and whether we can win. If calculating these things can determine a country's capabilities, then based on paper data, some people would have already ruled the world during World War II."
“The same applies to financial warfare. We have the capacity to incur debt, and we also have friends internationally. If they think they have $100 billion in foreign exchange reserves, we can split it in two: $50 billion in the stock market and $50 billion in Hong Kong dollars. As long as they bring out $100 billion worth of Hong Kong dollars, Hong Kong will collapse.”
"Then let me tell you, if you put up HK$100 billion, we can eat it up. If you put up another HK$100 billion, the result will be the same. Don't always try to crush us with your last dollar. That's impossible!"
After the interview, Lu Feng went to the breakfast restaurant and also made a phone call to his superiors, hoping to raise another 20 billion US dollars as soon as possible.
"Two hundred billion US dollars? Have you already run out of money in your account? You've been managing a whopping seven hundred billion US dollars!" the person on the other end of the phone exclaimed in surprise.
"We still have 23 billion, but we need to show our determination. We must let them see the money on the table, otherwise those people will still be greedy and only want 20 billion. And I think there's a high probability that we won't need to use that 20 billion!"
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