【突發】梁頌恆政經：23條通過 立法會變瘋人院 藍絲表忠粉身碎骨也撐 ！奇珍異獸狄志遠都話「義無反顧」23條令我想起商鞅变法 日圓加息金融震動 唔救恆大永久被封殺 為何救萬科 #Lucy連線

Hello everyone, welcome to this interview with Lucy Lin My guest today is the former Hong Kong Legislative Council Member, Mr. Leung Chung-heng Hello, Bajie Hello, everyone You used to be a member of the Legislative Council Now you can see that today's Legislative Council has really passed the 23 Legislative Council amendments It has been approved by the government for 12 days And today's 2nd leg of the Legislative Council, a total of more than 80 members of the Legislative Council have passed the amendments Now the government has announced that on March 23rd, the whole process of amendments will be implemented for 12 days In fact, I would like to ask Bajie, have you seen the performance of 88 to 89 members of the Legislative Council? No, I don't have the time. It's better to listen to what the Japanese Central Bank has to say If the Japanese Central Bank says something, it may affect the whole world Have you seen that some of the members of the Legislative Council have said that the 23 amendments have already been approved And there is a so-called, how to put it Among the 90 members of the Legislative Council, the only democratic party, the Democratic Party, the Democratic Party, the Democratic Party, the Department of the Democratic Program How to say it, they have not supported the 23 amendments Yes, I have seen their posts Because some media has been recording their most serious posts There are pictures on Instagram I have seen what they have said If they are so malicious, they can be so malicious The Dixie Garden is just a joke Even if you call yourself a democratic party today, the Democratic Party will not support you There will be no Dixie Garden I used to describe the 90 dignitaries of the Legislative Council It reminds me of some historical stories Last time I talked about how Han Shun died This time I think of another historical figure It was also during that period Before the reform of the Chen Dynasty It was actually the central government that presided over this reform What kind of person was the central government? In fact, its ideology was to govern the country by law Using our words today It was very serious about using the law to govern the country It was also like this At that time, it was impossible to judge whether it was right or wrong Because it was in a feudal society more than 2,000 years ago There was no discussion or debate about which one was right and which one was wrong It might be right But what was the final outcome of this person, Zhang Yang? It's interesting Zhang Yang established many legal frameworks for the Chen Dynasty You can think of him as a member of the Legislative Council He was able to establish these legal frameworks In the end, he got it done The Chen Dynasty began to strengthen But because of his personality He attracted a lot of people You know, his personality attracted a lot of people He lost his life So he had to leave But unfortunately, he established his own law First, the legal framework was established by Zhang Yang It was a one-time thing Secondly, he had to complain to the hotel Because he couldn't sleep on the floor He had to complain to the hotel But unfortunately, he established his own law He said that anyone who stayed at the hotel Had to have an ID card You can think of it as a modern ID card But he didn't have one And he couldn't let anyone know he was Zhang Yang Because he was being beaten up He couldn't let anyone know he was Zhang Yang Otherwise, he would be arrested immediately The hotel was afraid of being connected So they didn't let him stay In the end, he died and was arrested In the end, he was killed by a five-horse division Some say it was a five-horse division But I've seen some say it was a five-horse division Anyway, the death was very tragic The bizarre events of the Legislative Council Reminded me of this historical story After the 23rd Legislative Council No one would thank you But one day If someone uses something like this To deal with you Don't blame me And If we step back a little Let's not talk about historical stories Let's look at it from a more realistic political perspective The whole 23rd Legislative Council Is actually accelerating The whole thing The geopolitical structure of the region Is very obvious today Whether you call it a new Cold War Or a siege of China The whole 23rd Legislative Council After the National Security Law Will be more decisive From the perspective of Hong Kong Hong Kong will be a part of China In fact, it has accelerated the progress of the whole thing If If we Hongkongers still have a chance to return to Hong Kong The day we came should be near That's the meaning of the acceleration Of course, this is a very optimistic view My assumption is that Hongkongers still have a chance to return to Hong Kong To restore Hong Kong's glory OK So When that day comes You can see The judges sitting in the court These 90 dignitaries of the Legislative Council Where are they hiding? It's really not surprising You are in such a hurry for the 23rd We talked about it in the last episode What is it all about? No one knows Right? Is the Communist Party crazy? And then they say They are ready to fight So we have to get the 23rd done And so on No one knows OK But It's not a good thing no matter what Right? You are accelerating the process of self-destruction God wants you to perish So you must first give up your Hong Kong You are crazy now Let's see what will happen to you You are accelerating the process of self-destruction God doesn't want you to perish Did you mute yourself? Lucy, did you mute yourself? Yes He said that The 23rd of March Will be the day of the election That day will be the day of the election So now Maybe everyone is quite concerned about this atmosphere It feels like I don't know if there is a storm coming Or what does he want to do in Canada? Actually, we have talked about this before Will there be some For example, overseas media organizations And some organizations that are in contact with overseas media The government will take the opportunity Will they take the opportunity To show the power of the 23rd? What do you think? I really don't know I have done interviews with different TV stations I have said the same thing Is there anyone Who can exactly tell me Why is the Legislation so urgent? I understand Let's pretend that I understand Although I don't really understand You have the National Security Law Why do you need the 23rd of March? But those are all rumors I understand why the Legislation is so urgent Why is it so urgent? I guess there are only two reasons Either it is very urgent Some people or some organizations are still in Hong Kong Once the Legislation is in effect, it will start Will it be like this? We will know soon I don't know how to guess Another reason is Are you preparing for the future? For example, a war Otherwise, I can't see why the Legislation is so urgent If I am preparing for a war That means you are preparing to launch a war soon Are you that crazy? I will attack Taiwan in June So the Legislation is so urgent If you are that crazy, I can't guess So It is the same thing I don't have anything to say to those people But I have something to say to Hong Kong people To Hong Kong people in Hong Kong At this moment You don't need to think about how to fight The most important thing is that the person is fine Just wait for the right time If we still have a chance Just wait for the right time As for the Hong Kong people outside We have more things to do The whole thing has accelerated If you had expected The opportunity will come after 10 years Maybe not now We only have 10 months left Or you don't know Just a short period of time Because the whole thing is constantly accelerating If there is a chance The outcome will be similar You don't know what the CCP has done Maybe launch a war Then you will have a chance Otherwise, how will your chance come? How will our chance come? Hong Kong people outside Cherish the freedom you have now Unite your strength as soon as possible If you are good at doing business You go to do business and make money Maybe your computer is very powerful Or invest in AI industry Occupy a position in those industries If you are good at studying You go to study If you are good at buying stocks You go to buy stocks Unite your strength as soon as possible When the opportunity comes Whether we have enough money or not Will determine whether we can go back or not So I think Hong Kong people Facing the 23rd Legislation I think we should look at it with a more positive attitude I can't see For the CCP regime What are the benefits of the 23rd Legislation? To be honest I can't see any benefits from the CCP regime It is accelerating Since it wants to die so badly It is accelerating its own destruction Then we will Yes, we will go to war That's what I think When you talk about war Bajie, I am not talking about Bajie alone Yuen Pa has also said I don't know if he will sign a petition against the Democratic Progressive Party To take action against Taiwan Because there seems to be some CCP fishing boats on the Golden Gate and Panghu It seems that both sides have died What do you say about this? There may be some conflicts Let's talk about this later Now, as Bajie said Why is it so urgent? This 23rd Legislation You can see that Li Ka-shiu went to Beijing to hold a meeting On March 5th He came back at night on March 5th On March 6th, he made an announcement He started a meeting of the Legislative Council in Hong Kong How to say, a meeting of the Legislative Council Now, the whole thing has been approved Plus the whole thing on Sunday, it's only 12,000 A member of parliament said The dark news of 2019 is chaotic I am shocked now So now, I fully support this I support this legislation It has been 4 years since 2019 Now everyone is arrested Is there still the so-called dark news of 2019? This is just a casual statement Everyone knows that the members of the Legislative Council Most of the members of the Legislative Council I know To be honest, they didn't write that article themselves To be honest It's really rare to find an article written by them Most of them are members of the Legislative Council Dongping, Xizhou They found some evidence And gave it to you You can read it according to the article That's it So their reasons Maybe they didn't think of it But of course, the history is recorded You read it What will happen next? Let's see If there is a war Firstly, you are certain today If in 2024 Any day A war breaks out China will definitely lose It's impossible Today, their military strength Don't talk about the battlefield Of course, the battlefield will lose Let's talk about the actual execution How many years have the Liberals not fought? Right? How many years have the Liberals not participated in Realistic military actions? So they still have to put a mark on the wall And the cannons Don't know if they have been mixed with oil Maybe they will open the box And there is nothing inside These are the Chinese people Who see first So If there is a war China will probably lose The war will fail The so-called members of the Legislative Council Where can they hide? I can't figure it out So It's a matter of history We also Look at the history To guess what will happen in the future I can't see Their good end Maybe they are suddenly Heart attack That kind of thing In a safer world Maybe it's their better end To be honest If not, their end May be very Tragic Like a double-edged sword You know about the economy And you are very good After the 23 articles What impact do you think it will have on the economy of Hong Kong? What impact? Then let's talk about the international reaction To the 23 articles Hong Kong Since we used to Do a lot of business When it was first opened It was a small fishing village Then we did some light industry But we know After the 90s Hong Kong is basically doing finance Just doing real estate We don't have other industries Your so-called specialties Your accounting, law All serve the financial industry If there is no financial industry They won't exist Financial industry Or real estate industry The most important thing is People are willing to invest in Hong Kong There is no other If in this world Other people are not willing to invest in Hong Kong Basically your financial industry Or your real estate industry Can't be played Ok Article 23 Some funds are coming to Hong Kong Or They are driving away the funds that were originally in Hong Kong This is very obvious Ok Let's not look at it that way If you are Some real foreign investment In fact, the foreign trade union Has already made it clear You are increasing our legal risk When you are increasing the risk I either find more people To do compliance This is also a cost You have done so much Why don't I go to Singapore Why should I stay in Hong Kong When you are more expensive than people No money I have no reason to do business with you The risk is high If you are a rich man in China You choose a place to live They used to choose Hong Kong Because Hong Kong is relatively safe Relatively safe It depends on the individual Whether we want to protect him or not But at that time the Hong Kong system Protected a person Let's say you are a rich man in China Don't know how many billions You have to leave today Will you choose Hong Kong You are crazy Of course he will go somewhere else Is it good for me to go to Singapore It's the same thing Even if the Swiss bank doesn't accept me Then go to Singapore It's safer than being in Hong Kong For Hong Kong Financial industry Real estate industry It's the same as Hong Kong What you have done in the past few decades Some What are the benefits I can't count Speed up the whole thing I always say Make foreigners more confused Your national security law is not enough It's already very difficult Make a whole Return to Hong Kong ban You know Google has gone crazy Speed up It's realistic There are always laws that get you No matter how many compliance you ask Can't save you For the 7 million market Is it worth it Put a pair of people In Hong Kong If it's not worth it Just take over the office Businessmen are realistic If you have money to earn, just earn When your cost The cost is also your risk Your cost When I can get the profit I will leave Go to a place where I can make money This is the most basic The most basic It's not just businessmen It's normal That's what you think when you work If you work, the cost is more than I make money Of course I won't work For example, I have to ride a car Ride 30,000 dollars But my salary is only 20,000 dollars Of course I won't do that job Businessmen are even more Businessman's Heaven How to say Businessman's mission Is profit maximization I want to make the most profit This is a businessman's heaven When my cost is bigger The profit I can get How can I do business in this place I won't leave So actually The result of the matter is very easy to predict You are just speeding them up So whether to leave first or later Of course everyone has their own judgment But I can't see The reason why they stay in Hong Kong So let's talk about Hong Kong I also want to talk about The 23 articles of the Basic Law Back to you In Washington The US Congress and the administration When the China Committee Delivered a letter to Obama a few days ago They think The US government and its allies Should publicly Pay attention to the 23 articles of the Hong Kong Basic Law And consider sanctioning Hong Kong officials And increase Tourism warning to Hong Kong Now you are in Wafu Did you receive any message? Not very strong It's the same as what I said last time I don't think this time Wafu Has a strong reaction to this matter Recently Ambassador Zhu Hua went to Hong Kong Two days Two days and one night About 24 hours It's very rare Because this is his first visit to Hong Kong Although he is Ambassador Zhu Hua He is the Chief Executive of Hong Kong In such a sensitive time When he went to Hong Kong A lot of people guessed Some people asked me Will you think too much? I said In fact, he wanted to know What happened Why he was in such a hurry More than What kind of instructions You just need to send an email Or call You go to Hong Kong In fact, I think The whole Washington Whether it's the Foreign Affairs Department Ambassador Zhu Hua is from the Foreign Affairs Department Or the entire Washington government In fact, I think everyone has the same question What the hell are you doing? You've always been playing After the National Security Law You always play You are in such a hurry What is it? Yes, we have a question In fact, I think he also has So come down to Hong Kong See if you can find the answer I don't know if he can find it So I believe In fact If you say Article 23 of the National Security Law Has it really changed America Or other Western friends For China or Hong Kong I don't think there is a big change But Obviously The whole thing has accelerated They continue Now for China And Hong Kong Because Hong Kong chose to stand on China's side Speed They will feel It's very natural Article 23 It's done in ten days I don't know what you want to do I have to do something I have to hurry So I think this is What affects them That Understand the timeline The timeline That The impact will be greater More than the change in direction I don't think there is any change in their direction I don't think they are against Article 23 Of course their position is against But I don't think they are too hard To oppose Because of the National Security Law Or when there was a conflict in 2019 Actually their statements Whether on the rhetoric On the numbers On the density Are much higher So I think everyone should understand this Everyone has After the National Security Law Have already sworn You Hong Kong Stand on China's side It's as simple as that. Don't let them send things to Russia, etc. So, yes, everyone should understand this. It affects their speed of evacuation, their speed of encirclement. But it won't change their direction. This is one of the points. The sanctions have already been sanctioned before. No, it has been sanctioned several times. Even if it is now sanctioned, it is not a new thing. And how can I say, the support to Hong Kong, the members of the Legislative Council of the Chinese government, seems to have no official effect. What do you think? I mean, even if it is sanctioned, it's just this version, there is no other version. What version is it? In fact, when it comes to sanctions, the most painful thing is not personal sanctions. To be honest, personal sanctions are a matter of face. Li Ka-shiu couldn't come to the US meeting, so he was laughed at. This is a matter of face. But in reality, you can't really cut off their meat. If you can really cut off their meat, in fact, we call it secondary sanctions. What does it mean? Because according to the content of the sanctions, all US-funded companies, or companies that use US dollars, including all financial institutions, will use US dollars, right? You can't do their business. This is what the sanctions say. But if you do, you should also be punished by your financial institution. There will be such a so-called secondary sanction. When those secondary sanctions really appear, you can really cut them off. Think about it. If you are in this world, no bank is brave enough to do your business, you will be in big trouble. So everyone has to wait for a day. Of course, if you want to issue these secondary sanctions, you will be in big trouble. You have to go to Russia and fight every day. Then some people will steal things from Russia, and some companies will have secondary sanctions. This is how it is usually done now. So I understand why people think the sanctions are useless. Because in fact, they didn't use the most powerful weapons to sanction. What they are doing now is a bit of a show-off. If you hold a pair of shoes and bite, of course, you will still feel itchy, right? This is how it is done. But the real sanctions have not arrived yet. Everyone can understand it this way. You say, will it be used? I don't know. Let's see what Xi Jinping is thinking about. I really can't guess. He said he will not fight in two months. He will not fight against Taiwan, but against the Philippines. The relationship with the Philippines is very tense now. Basically, the whole South China Sea is tense. At that time, he might have started a war with you. If it is a real war, what will happen to Hong Kong? Hong Kong will be in the middle of a big trouble. It will be a frame. No, because Hong Kong will be in a big trouble if there is a war. It will be a super big trouble. Because in theory, everyone can understand this first. When the relationship between the US and China was better in the past, there were always some US military camps in Hong Kong. Then the soldiers would go to Iraq. So the whole Iraq became a bar. You know, I know, everyone knows. You can be the port of a military ship. OK, if something happens, I will not immediately close your port. If you have the right to control the airspace, I will close your port. Who has the right to control the airspace? It's not China, right? You say, how bad is Hong Kong? I will really close the whole port. Hong Kong, although the price of goods and food has dropped to the point of no return, I have mentioned this issue many times. But in Hong Kong, for example, when you go to transport food, we still rely on air or sea transport. If it is non-Chinese food or goods, so if you close the port of Hong Kong, it will be a big problem if there is a war. But there is no condition not to close your port, because it is a strategic stronghold. Because your port is really a port, it is a strategic stronghold, so I have no reason not to close it, if there is a war. So if the situation develops to that extent, it will be a big problem. But of course, it's meaningless to guess so early. Maybe it's not what we think, it has never thought of a war. Who knows? Anyway, if you can really smell the smell of a war, Hong Kong will definitely be in a big trouble. I see some audience friends are discussing here. They say, on the 23rd, there are still a few days until the end of the strike. Are there some people who are a little dangerous and have to leave? If they don't leave, is it really no good? And there are also some dangerous people overseas. Is it true that after the 23rd strike, Hong Kong will be gone? Yes, of course. Because you don't know what they are doing in such a hurry. In fact, during the National Security Law, we have experienced exactly the same situation. At that time, there were also a group of people, I won't mention their names, but there were a group of people who didn't think so fast. At that time, Hong Kong was not that bad. The stock market was still worth tens of thousands of dollars. It was still a financial center. So you have to keep your position as a financial center. No matter how you think about it, they don't even want the position of financial center, they will immediately go to pull the workers' boats. Immediately, if you remember, after the National Security Law was enacted, it was very fast to pull the workers' boats, followed by Mr. Lai, and then everyone will remember the history afterwards. Basically, every month, I always said that something must have happened on the 15th of the first lunar month. I have experienced a whole year of scary events. This time, the National Security Law was enacted in such a hurry. If it wasn't for the sake of the war crisis, it would have been for the sake of arresting people. And they arrested people in such a hurry. Those people should be in Hong Kong. If they were in other countries, they would know that they couldn't arrest them. They wouldn't be so stupid. So, if your question is, if there are people who think they are in danger, they should leave. They should leave. If you don't think it's too risky, don't underestimate this risk. Also, don't hold an arrogant attitude. If you are a person living in a foreign country, in a free country, and you think you are in danger, you should not go back to Hong Kong. The last person who experienced such a situation was called O'Rourke. Everyone knows what happened to O'Rourke in the end. Whether his so-called speech was reasonable or not, it's up to you to judge. But at that time, there were some senior officials who told O'Rourke not to go back to Hong Kong. He didn't listen to them. When he went back to Hong Kong, he was arrested immediately. So, O'Rourke was not as serious as O'Rourke. O'Rourke was just a passer-by. He was arrested. So, no one knows where O'Rourke is now. We never know where O'Rourke is now. So, don't be so arrogant. Always remember that you can't survive in a chaotic world. Remember, extreme power will not tell you about luck. Extreme power is extreme power. Its nature has never changed. There is a game. After the Basic Law was passed, will Hong Kong's Greater District Passport become a Chinese passport? If you go out with a Greater District Passport after the law is passed, what will the international community think of this passport? Will Hong Kong's Greater District Passport slowly become a Chinese passport? What do you think? The colour, the style… It will slowly fade out. First of all, will it become a Chinese passport? This is not up to the government. This is up to China. One day, if Hong Kong's Greater District Passport is abolished, the Greater District Passport will be gone. Will it work? Of course, it will work. Hong Kong is now China. If you like to do it, just do it. But if you look at how foreigners view Hong Kong's Greater District Passport, or if you look at it in more detail, how do they view the identity of Hong Kong people? In fact, they might be a little hesitant. What they mean is that they know that in 2019, Hong Kong people once came out to fight for democracy and freedom. You are not exactly a Chinese. But what we can't deny is that China's penetration of Hong Kong's population is getting more and more serious. OK. It's very simple. China's spies are always arrested, right? The Thousand People's Plan. I don't know if it's really a thousand people. They are always arrested. OK. In fact, will it make some more important Western institutions hesitate to hire Chinese spies? Of course. Because I don't know if you are a spy. If I hire a spy, I'll be in trouble. I'd rather not, right? Next. If a Hong Kong person holds a Hong Kong passport, or whatever passport it is, as long as you are a Hong Kong citizen, will you treat it the same? I'm really afraid that I'll hire a spy. No, no. Will it be like that? I think this is something to worry about. So, of course, this matter is not up to us to decide, to be honest. We can't change anything in this matter. The only thing we can do is to do our best. While we still have a little space left, we will try our best to unify our strength. I see some viewers saying that people who have foreign passports have to leave Hong Kong sooner or later. Otherwise, the CCP will have to deal with foreign forces. I think this is basically the 23rd article. After reading it, many Hong Kong people are quite worried about the situation. If you have a foreign passport, if you don't leave, will the police treat you as a spy and target you? I really don't know. Well, let me put it this way. You are in Hong Kong with a foreign passport. Of course, you will have things to do, right? For example, you are a rich man who doesn't know anything about China. To be honest, he will leave before we do. He already left when he smelled the gunpowder. You don't have to worry about him. If he hasn't left yet, it's because he can't get away. If he is caught, he can't get away. But if you are a very ordinary citizen, but you have a foreign passport, will you be caught immediately? I think the risk level is not too high at this moment. But in the long run, is there any risk in it? I'm not sure. Because after the National Security Law, we use the most recent reference, which is the National Security Law. After the National Security Law, you will see a lot of strange cases. For example, when it comes to big shots, for example, when it comes to Lai Chi-ying, Twitter has followed Tsai Ing-wen. Those are all used as evidence. You really don't know if your foreign passport is your evidence. Let's say your Twitter doesn't follow Tsai Ing-wen. Let's say it's like this. So don't go… I'm not asking you to leave as soon as you have a passport. But what I want to say is when these so-called National Security Laws come out, in a country that is not elected, it can be very scary. Yes, it can be very scary because no one is supervising. No one is elected. The Legislative Council is not elected either. The Chief Executive is not elected either. In fact, they don't need to be supervised at all. The so-called leftists, the so-called blue-collar workers, always say that the US has the National Security Law, the UK has the National Security Law. Bro, the government is elected. If they don't do it properly, they will be kicked off the stage with the ballot. Are you from Hong Kong? Are you from China? No, you are not. This is the biggest difference. Why do people, regardless of the law, constantly develop and compare to protect human rights, but Hong Kong doesn't? Because Hong Kong has a democratic system. The government and the Congress are elected. Hong Kong is not. It's very simple. It depends on who elects it and who it is responsible to. If it is elected by Beijing, it will be responsible to Beijing. It's that simple. So, in a democratic place, don't care if the legislation is reasonable or how it is used is reasonable. Because it has never been reasonable. But everyone, I think, in general, the attitude is that it can't be kept alive. Let's talk about Hong Kong's foreign economy. Speaking of the economy, everyone knows that Japan has increased interest rates. Japan itself has zero interest rate, right? Yes, it's negative. Yes, negative interest rate. Who will bring the money back to the bank? I will give you money to keep it. You have to keep it. It's really funny. But now it has really increased interest rates. Actually, the increase is very small. Isn't it, Bajie? But it has increased. What is the reason? I saw some media, some public opinion saying that the financial market is back to normal. Or will it cause a stock market crash? Or is it a black swan? There are all kinds of analysis. There is a lot of confusion. Yesterday, I also made a video to mask these pro-democracy parties. Because I said, first, let's talk about them. Why did Japan increase interest rates? If the interest rate increase, why did everyone worry about the financial market? Especially the risk assets, such as stocks, will be affected. Because now, the only country in the world that is close to zero interest rate is the cost of making money. You have to pay interest to borrow money. Countries that are close to zero interest rate only have two main economies. One is called China, the other is called Japan. China, because of the RMB, is not freely exchangeable. If I borrow RMB, I can't exchange it for other money. It's not freely exchangeable. So I have to borrow money to buy other things. Whether I buy U.S. stocks, or India stocks, or Japanese stocks, I have to borrow the cheapest money. If the interest rate continues to increase, what effect will it have? First, when I borrow money, I may have more money in the future. Because the interest rate is higher. If the interest rate is higher, I have to pay more money. Second, the interest rate is increasing because the exchange rate reflects the expected interest rate. So if the interest rate is increasing, I'm afraid that if the interest rate goes up, if I borrow the interest rate today, maybe I will have to pay RMB 5.2 but I have to pay RMB 6 later. If I borrow RMB 5.2 but I have to pay RMB 6 later, I have to pay RMB 6 later. If I buy U.S. stocks, Hong Kong stocks, or other things, I have to sell those things so I can pay back the money to Japan. So everyone is afraid that something will happen. The term in the financial world is called a debt collection. It's a so-called carry trade. If you borrow money to buy other things, people will sell other things to pay back the money. Next, the question is why is the interest rate so low? Why did the interest rate not only go up but also go down by a whole percent? This is the mistake of these indicators. In fact, the most important thing is whether the interest rate will really go up. But if you look at the past few days' price action, it's not the same. In fact, the so-called U-curve control YCC in Japan is something even my dog knows. Everyone knows that the market should go up, but no, it's still so thin. So in fact, I don't think it will affect the whole thing. Today's market seems to reflect this point. So the interest rate will continue to rise and the yen will continue to fall. Pay attention to one more thing. Is it possible to rush into the stock market right now? Don't. Because something worse will happen tomorrow. If there is a very hawkish position, there is a possibility that the financial market will really shake. Or it's very high now. Every stock market has a new history. In addition to Hong Kong, there may be some changes in the stock market. Let's listen to the central bank and see how it will do. Because what it is affecting is that the market in the past few months is still very hawkish. The central bank said that this year, both sides will give you more money. We should get the money from the past few months. Tomorrow will be worse than the Japanese central bank. For me, the reason for the detail is that I have made a video on my own channel. If you are interested, please go to the next room Yes, your channel. I have time to watch it. What is the name of your channel? Liang Zhongheng Guangjian, right? Yes. If you search for Liang Zhongheng, you should find his channel. I want to ask you about the US Federal Reserve. It hasn't increased interest recently, but it hasn't decreased interest. What do you expect? It won't move tomorrow. It definitely won't move tomorrow. At first, we thought that the market will decrease in March. That's why the stock market kept going up. Later, we found out that the US inflation is increasing. The US inflation is another problem. China's problem is inflation. The US problem is inflation. The US inflation is not easy to solve. That's why the market kept going down. At its peak, it decreased by 10% this year. Now, the latest pricing is 2% to 3%. The first decrease was in June. It's only 50% now. 52% to 48%. It's very close. It may not decrease in June. If the US Federal Reserve clearly stated that it can't decrease in June, it may become a reason for the financial market to operate. It may be a reason for the risk assets to go down. It may be a reason for the risk assets to go down. Recently, no matter it's Bitcoin or stocks, it's still moving up. There will be a big game tomorrow. It's 2AM in Hong Kong. It will happen. You will know what will happen on Wednesday morning. I suggest you to check the headlines on foreign media rather than the Hong Kong media. I also want to ask you, I often watch the news, it seems like it's a big deal Why is it that when interviewing Luo Jiacheng, he always said that the media is so big, so big He always said that, wow, you know, he said that So, but now I want to ask you, if it is, now Japan's color is not added enough, you can see that the EN has not been updated If the United Nations does not add color, does not reduce color, how to maintain this situation The point is not whether it is added or not, it must not be added It must not be reduced tomorrow, it must not be changed But his statement after the meeting, the words he used, the press conference that broke out As well as, because tomorrow will announce how to update How to update is that the members feel that when will the color be reduced this year, how much color will be reduced That is, everyone will be asked to paint He announced how to update, it can reflect this year's members of the Federal Reserve Because it changed people, right? That is, he will have to do some rotation every year, just changed people Then you can see if everyone's previous speculation is correct So tomorrow is important Tomorrow is for, if you hold a lot of stocks Or you hold some US bonds Or whatever you hold Or even your regular interest In fact, it will have a great impact tomorrow Because if I don't reduce the color tomorrow Then maybe I have to give you a higher interest rate Regular interest So tomorrow is a day that affects your wealth So it's a day worth paying attention to On the contrary, the problem with the Japanese central bank is Because the color is really small And the market has expected this for too long Everything is reflected, so basically it has no effect It should be said that it has an impact, but it has already affected before So when it is announced again, it will no longer have an effect It can be said that it has no effect on the RMB and HKD, right? A little The impact on the RMB is that if the US dollar is strong, the RMB will become weak In addition, the Hong Kong dollar Because the Hong Kong dollar is still linked to the US dollar If the US dollar continues to be strong It has no effect on the Hong Kong dollar's own exchange rate But in turn, the cost in Hong Kong will be higher For example, I might have issued HKD 30,000 The stronger the US dollar, the more HKD 30,000 Because you are linked to the US dollar So in turn, your salary to Europe or other places, to Japanese employees Your salary is higher This is the effect If your salary is higher, of course you are happy But for a company, it is not happy So there are two sides to it So tomorrow, I think the most important thing is this I always say that when you see those bankers come out and talk It is more useful than when you see the debate in the立法會 So I said, even if I was here last night I would get up in the middle of the night to take a look To see what is happening And then go back to work Let's talk about a Chinese news Everyone knows that Hengda broke up Now the court has issued a sentence of 1,500 years You can see that there is a movement in the middle of the day To find a way to block it and not let it enter the market It's like a death sentence You can't have a stock market in the future He didn't punish Hengda He punished Xu Jiayin Yes, he punished her And didn't let her have a stock market This is funny My understanding is that Xu Jiayin is with Hengda Xu Jiayin is now under surveillance It's impossible for her to do this I don't know Is there such a thing in foreign countries? I've never heard of it It's only in China that there is such a thing as Abolishing the right to political life And now they are abolishing the right to buy stocks This is funny Is it okay to buy US stocks? Xu Jiayin thinks it's okay to buy US stocks Because if you know Xu Jiayin was technically divorced before He gave the property to his wife Then technically divorced His wife may be in the United States Xu Jiayin thinks it's better to buy US stocks You buy A stocks Do you have a good influence on A stocks? I've never heard of technically divorced Is it technically divorced or not? He is divorced But everyone thinks it's a fake divorce Because he wants to clear the relationship He knows his husband is in trouble He doesn't want to get his wife in trouble And give the property to his wife What about A stocks? A stocks like Shenzhen Railway How to support and save? These two companies are all real estate companies in mainland China The case of WanFeng is funny The case of WanFeng Firstly, no one knew that he was in trouble before No one knew that he was in trouble until they saved him You don't know you are in trouble if you don't save But if you save, you are definitely in trouble Otherwise, why would you save? In fact, the reaction behind this is China's real estate companies are not doing well Even if the so-called You know, WanFeng should be copied by the Shenzhen City Government It's not going well Someone needs to save If you need someone to save, you can assume that he is in trouble This is the first The second is Everyone may have a doubt in their hearts Why don't you save A stocks? Why don't you save HengDai? Why should you save WanFeng? What is so worth saving WanFeng? You don't know China's business is like this There is no reason Maybe he met a high-ranking official He just had some influence in Shenzhen So he saved him Maybe it's that simple But The reaction behind this is China's real estate market and all the real estate companies Their debts, their stocks Really, really Not even a cent Never I have never heard of Matt Rogers before He didn't even have a phone Suddenly, he said he would save him He has already taken a step Okay, your doctor saves people First, you need him to get hurt He is sick You haven't heard that he is sick or hurt He just went to Shenzhen to save him So many people are afraid of me So I think the whole relationship between DanFeng and China's real estate That thing Whether it's debt The bank gave you some debt There is one more thing You need to pay attention I have said it many times Actually Before ManFeng saved him in Shenzhen The whole Central government asked 12 banks to save him Okay And you don't know how many loans those Chinese banks have actually in the companies related to real estate You don't know You can't imagine Even in the future There is another one I don't know if it's ManFeng When it exploded again He was stabbed in the nose It's not a problem if the bank saves him But what money the bank uses to save is the problem The money is not printed The money is actually from the bank So if you save money from them Especially the banks with big exposure You really need to be careful You can't sell for 3 days There are a lot of Chinese banks in the US There are a few regional banks that can't handle it It's a big news Actually I want to say China has this news every month Regional banks even the bigger ones in some provinces They don't allow people to print money I think they are very strict So if your bank deposit Of course Hong Kong has a deposit guarantee 500,000 OK Let's say it's true You need to be careful You don't put all the money in a bank account You don't put all the money in a bank account Because you really don't know whether the money will be deposited in the bank It's not a bank It might be a loan from a real estate company This is the story of the 2008 financial crisis I hope it won't happen in Hong Kong But we all need to be careful Do you have anything else to add? No, that's all for today Our audience Bajie has a channel Hope you can like and subscribe And if you have any questions about investment you can ask Bajie Yes Basically my channel is about making money So if you are interested to learn more about this You can follow my channel You are also doing this Yes So I am interested in this OK Our audience can like and subscribe Our channel will be ending soon So please like and subscribe Our audience can like and subscribe Bajie has explained in detail the details Our audience can listen to it That's all for today Thank you Bajie Thank you our audience Bye-bye