Chen Dong woke up and found himself reborn in 1990, a time when gold was everywhere. Carrying the regrets of his past life, he started by selling tea eggs...
Financial crises, oil crises, gra...
Chen Dong took the documents Annie gave him, glanced at her face, and asked with some curiosity, "You guys completed the task I assigned so perfectly, you should be happy, why do you still have such a long face?"
Hearing this, Anne lowered her head, showing no intention of replying.
Lin Zhiyuan gave a wry smile and said, "I don't know what's wrong with this child; he's been sullen for the past month."
He glanced at Annie, then joked, "Could it be that you're going through menopause at such a young age?"
"Can't you speak properly?" Annie glared at him.
"Alright, alright." Chen Dong knew that Annie was most afraid of people talking about her age and face, and Lin Zhiyuan's words had undoubtedly angered Annie. He could only comfort her by saying, "My brother-in-law was just joking."
With the farm successfully closed, and the busy relocation work in China coming to a stop, several coastal provinces began to pool their meat resources to support Hong Kong.
After several days of calm within Longteng, Wangcai returned and reported that the Hong Kong stock market had experienced two consecutive months of decline. Although the decline was very slow, the index was already far from optimistic compared to before the outbreak of bird flu.
Chen Dong's brows, which had just relaxed, furrowed again. "Logically speaking, the mainland has already begun to support Hong Kong. Due to Hong Kong's extreme policies, most of the live poultry have been culled because of the bird flu. It seems that the bird flu is about to be over. Why is the Hang Seng Index still falling?"
“This is the issue I want to report to you,” Wangcai said nervously. “Based on our previous assessment, there were two main reasons for the decline in the Hang Seng Index.”
"The first reason is the outbreak of avian influenza, which has made Southeast Asia and the mainland very wary of foreign trade products, so to some extent they have reduced the import and export quota for Hong Kong."
"The second reason is that the depreciation of Southeast Asian currencies has led to a decline in China's export competitiveness, which in turn has affected the Hang Seng Index."
"However, the bird flu crisis is about to pass, so it makes no sense that the Hang Seng Index is still falling."
Having said that, Chen Dong understood what Wangcai wanted to tell him.
"You mean there was external intervention in this decline of the Hang Seng Index?"
"Although I don't know if it's our old rivals Soros or Robertson, I'm certain that there are international speculators operating in the Hong Kong stock market, and their methods are extremely covert."
As he spoke, Wangcai handed Chen Dong a report on the transaction volume and index of the four major sectors of agriculture, forestry, fishery and animal husbandry within the past two months.
Sectors such as agriculture, forestry, animal husbandry, power, public utilities, and textiles and apparel have a low correlation with exchange rates. Generally, international speculators will purchase stocks in these sectors as weighted stocks to rationally allocate their positions.
"I have noticed that these weighted sectors have all faced limited reductions in quotas over the past two months."
It's important to understand that if it weren't for the intervention of speculative forces, these sectors would be as stable as Mount Tai in the stock market and wouldn't be easily affected by fluctuations.
Wangcai has a keen insight into the stock market, which is why Chen Dong trusts him a lot.
“Soros and Robertson just withdrew from the Korean won market not long ago,” Chen Dong recalled, then continued, “They were able to escape the swamp of the Korean won market with the help of the Federal Reserve’s fiscal aid program.”
“They suffered a lot of losses in the Korean won market this time. Although our methods in the Korean won market are covert, the scale of funds we manipulate is simply too large. Soros must have noticed us.”
"I wonder if Soros was involved in this attack on the Hong Kong stock market." Chen Dong looked at Wangcai seriously. "Last time, Soros withdrew unscathed from the Hong Kong stock market, and I've been holding a grudge ever since."
"If Soros gets involved again this time, I will make him pay the price."
Soros and his associates are like leeches; once they set their sights on a market, they will fight tooth and nail to destroy its foundation. In the process, they lead international speculative capital to amass wealth and leave the market.
It is worth noting that even though Soros and his Quantum Fund did not participate in the international speculators' operation to drive down the Hang Seng Index, based on various signs, Wangcai has concluded that international hedge funds have begun to take action.
“The last time the Hong Kong stock market was attacked, four major families stepped in to support it,” Wangcai looked at Chen Dong with some anticipation. “Do you think they will intervene again this time?”
Chen Dong shook his head. To be honest, he could only mediate between the four major families through Li Jiacheng's personal connections. In fact, based on his own judgment, he knew that the four major families looked down on him to some extent.
He had sensed this disdain when he worked with Walter Kwok before, but Walter Kwok made a lot of money during their collaboration, and later Walter Kwok changed his opinion of him.
However, the other two major families placed even greater emphasis on Li Ka-shing's reputation.
He can't use saving face as a pretext to repeatedly demand that the four major families intervene to protect the market.
“You should immediately start accumulating shares through our offshore company. Don’t let international hedge funds take control of the whole situation.”
Chen Dong gritted his teeth and added, "The Hang Seng Index hasn't yet experienced a sharp decline or a large drop. It's very likely that international hedge funds are doing this intentionally to lull the market into a false sense of security."
"This also shows that they don't really intend to take action against the Hong Kong stock market yet."
Wangcai quickly realized, "In other words, they are also waiting for a trigger to erupt."
“We can’t always be passive,” Chen Dong instructed. “Send a few people to form a team to keep a close eye on the international speculators’ operations. If there are any unusual developments, be sure to notify me immediately.”
"Understood, I'll take care of it right away."
After Wangcai left, only Afang remained in the office.
Mr. Chen had been busy all morning. Afang said with some concern, "For the past two months, you haven't left the company much in order to deal with the outbreak of bird flu in Hong Kong and the flood control and disaster relief preparations in China."
"Boss, let's relax while the international speculators haven't made any moves yet. We still have a tough battle to fight."
"Relax?" Chen Dong really wanted to relax, but he was used to being busy and didn't really know how to relax.
If Vivian Chow were here, she would definitely...
Thinking of Zhou Huimin, Chen Dong realized that he hadn't seen her in a long time.
He's been so busy lately that he hasn't had time to care about Vivian Chow.
"Why hasn't Zhou Huimin come for so long?" Chen Dong asked Afang.
Afang paused, her expression somewhat frozen, "I don't know either."
......