Counterattack 1990

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...

Chapter 1153 A Dilemma!

There was a particularly large swimming pool in the new villa area. As soon as Chen Dong and Annie walked in, they saw Li Ka-shing, Kwok Ping-sheung and others. Some were soaking in the pool water, while others were wrapped in bath towels and lying on the rattan chairs next to them.

The small table by the pool was filled with all kinds of fruits, some of which were from South Asia and Chen Dong had never even seen them before.

"Mr. Chen, you're here! Welcome!" Li Jiacheng said warmly as soon as he saw Chen Dong. "Please find a seat."

Chen Dong sighed and chose a seat closest to Guo Bingxiang.

"Uncle Tung and the others said that besides the Hong Kong Monetary Authority, there is also a mysterious private capitalist from Hong Kong participating in this meeting, and this private capitalist is very likely you." Kwok Ping-cheung was still young and couldn't keep his composure.

Chen Dong had nothing to hide and admitted it directly.

“I recently obtained some foreign exchange from Saudi Arabia. My foreign exchange reserves are indeed enough to keep international speculators busy for a while.”

He said this in a relaxed tone, as if he were eating or drinking.

Zheng Yutong couldn't help but praise, "Mr. Chen is indeed courageous and resourceful. The international hedge funds are coming on strong, clearly they have made ample preparations and are determined to take over the Hong Kong stock market."

"Even under these circumstances, you were able to raise such a large amount of capital, which has truly changed our perception of you once again."

Chen Dong didn't care what others thought of him. But after hearing Zheng Yutong's praise, he understood that in the eyes of the four major families, the actions of international hedge funds were indeed despicable.

"I've long disliked Soros and his group for disrupting Hong Kong's financial markets. This is just a small test for them," Chen Dong said coldly. "I will make them pay the price."

Zheng Yutong was somewhat surprised after hearing this, "You plan to fight against international speculators all by yourself?"

The other major families also turned their attention to Chen Dong.

Chen Dong glanced at them, lowered his head, and said, "Of course not, that's why I've come to find you all again."

Upon hearing this, the members of the four major families understood Chen Dong's purpose in coming here.

After all, this wasn't the first time they had cooperated, so the four major families had nothing to worry about when speaking to him.

Guo Bingxiang was the first to challenge, "Are you trying to get us to help prop up the market? Are you crazy, or do you think we're crazy?"

He was still young and didn't have any inhibitions about his speech. After hearing this, Zheng Yutong quickly patted Guo Bingxiang and said, "You mustn't be disrespectful to Mr. Chen."

Guo Bingxiang stuck out his tongue, not realizing there was anything wrong with what he said.

If it were the old Chen Dong, he would definitely have taught this arrogant young man a lesson. However, Chen Dong had worked with Guo Bingjiang several times before and knew that this was just how the man was, so he didn't say anything.

“Chen Sheng,” Zheng Yutong chuckled twice, then said, “Although what A Xiang said was a bit harsh, it did represent our concerns.”

"You know perfectly well that international hedge funds are determined to take over Hong Kong this time. The fact that they can leverage such important sectors as agriculture, forestry, fisheries, and public utilities shows just how large the amount of money they control is."

Zheng Yutong stated frankly, "Although I am from Hong Kong, I believe the best approach in the face of aggressive international speculators is to temporarily avoid confrontation."

Upon hearing this, Chen Dong frowned, his expression turning somewhat unpleasant.

Guo Bingxiang stated directly, "The reason we were willing to join forces with you last time was because the international hedge fund wanted to short the Hong Kong dollar. In the end, they would leave after reaping a profit from the currency."

Guo Bingxiang bluntly stated, "But this time is different. They want to short the entire Hong Kong stock index. In other words, even if we participate in market support, the risks are still too great, because hedge funds led by Soros will never take profits when they are available."

Chen Dong sneered. He originally thought that they had joined forces to fight against international speculators shorting the Hong Kong dollar because they were righteous. He didn't expect that the action was also a decision they made after calculating that the risk was not high.

Fortunately, Chen Dong thought he owed the four major families a favor, so no matter which market Longteng was expanding into, he would intentionally or unintentionally contact the four major families of Hong Kong.

Their last short-selling of the Korean won market is a case in point.

"Gentlemen, since you know that Soros's goal is to short the stock index, you should also know that once international speculators succeed, they will take away not only the Hong Kong dollar, but also the prosperity of Hong Kong."

Chen Dong was unwilling to give up and earnestly advised, "Think about Russia recently. Because it has been targeted by international speculators, all industries have been ruined. Even their proud energy industry has been hit hardest. If prices are not lowered, Russia will be eliminated from the world energy market. But if prices are lowered, their domestic fiscal revenue and expenditure will be seriously unbalanced."

“These are the things international hedge funds do in Russia,” Chen Dong said, glancing at the villa he was in. The new villa was lavishly decorated, and it was easy to escape the hustle and bustle here. “If Hong Kong falls into the hands of hedge funds, do you think you can still enjoy such a peaceful and prosperous life?”

People fell silent. After all, Hong Kong's economy was too abstract, but considering their own lives, if Hong Kong's prosperity were destroyed by international speculators, their quality of life would inevitably be affected.

Chen Dong sensed that everyone present had softened somewhat. He glanced at Guo Bingxiang and then said, "I don't know what you all are thinking, but since I've invited you all to join in, I'll give you a sneak peek. This time, I'm involved in stabilizing the market and have transferred a large amount of foreign exchange from Saudi Arabia. All the funds are now in place."

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