After discussing it with Anne, Yulia handed over Longteng to Anne and other senior executives.
With Russia on one side and Hong Kong on the other, Long Teng was caught in the middle, having to look after both sides, putting Annie under a lot of pressure.
Li Ka-shing and other Hong Kong families were unable to locate Chen Dong, and many matters could only be discussed with Annie. Since Longteng was one of the top companies in mainland China, many mainland officials also placed their hopes on Longteng.
Anne is under pressure from several sides at the same time.
Zhou Huimin had heard about Annie from Huaxia Star, who had been hospitalized several times due to overwork.
She hastily handed Huaxia Star over to Xiang Huaqiang, and then took the initiative to return to Longteng to help Annie, Lin Zhiyuan and others share some of Longteng's business.
Soros and the international speculative capital he represents have not yet formally attacked the Hong Kong dollar, so Hong Kong still has a chance to breathe.
However, this anxiety, spreading from top to bottom, can still be difficult for ordinary people to bear.
Ah Fang's family opened a branch in Hong Kong, which added services such as braised dishes, tea, breakfast, and cooked food.
Many customers can buy braised food here, or eat, drink tea, and chat all day long.
These past few days, the diners have been talking about Soros saying that they won't be launching a major attack on Hong Kong's financial sector, but they don't know if it's true.
"I don't think they'll attack the Hong Kong dollar anymore. They've made so much money shorting in Southeast Asia, shouldn't they digest it?"
A customer at another table chimed in, "Soros was in Russia a while ago and he cracked down on a lot of military industries and made a fortune. I heard that he almost swallowed up the Dragon Group branch."
"Now that they have a lot of money on hand, it's time for them to make a move. Who do you think they'll use to absorb this money?"
"Of course, it's Hong Kong!"
Chen Dong brewed tea nearby and listened intently as they told their financial stories.
"Impossible! When Soros gave a speech at the Hong Kong Convention and Exhibition Centre, he clearly stated that the Hong Kong dollar is backed by the mainland and is safe," someone countered.
Upon hearing this, a bald guest angrily said, "You all believe what Soros says?"
"If someone like that could utter human words from a dog's mouth, then the sun would rise in the west."
Soros's foundation first attacked the Thai baht, severely damaging the Thai economy, and now it is repeating the same trick, severely damaging the peso and the Singapore dollar.
Now, a month later, the domino effect in Southeast Asia is still unfolding.
"People like Soros only care about money and don't care about us at all," the bald customer remarked after cursing.
Many tea drinkers began to chime in, "Has everyone forgotten what happened with the Thai baht? The Thai government was utterly humiliated by Soros! Decades of hard work, all gone in one fell swoop!"
After all, the panic has been building up at the grassroots level for a month, and people are now very pessimistic about the Hong Kong dollar.
"The Hong Kong dollar is going to depreciate, what will happen to the money we have in the bank?"
The bald man shouted, "What should we do? Of course, we should withdraw the money, buy fixed assets, buy furniture and houses, or exchange it for gold."
"Right, it'll be safer if we switch to gold!"
The devaluation of the Hong Kong dollar has effects beyond just making money less valuable; it also leads to corporate layoffs, factory closures, and bank failures.
"What I'm worried about now is that the banks won't be able to withstand Soros's attacks. If that happens, forget about inflation; the banks will all collapse, and our money will be..."
Upon hearing this, some people began to laugh, "How could a bank go bankrupt? HSBC has tens of billions of dollars in foreign exchange reserves, plus other industries and overseas investments, it's impossible for it to go bankrupt."
"The financial market is all about using small leverage to control large assets. Thailand, as a whole, fought against the Soros Group, but it still got beaten down, didn't it?"
The bald man began to feel fortunate, "I had already sent my wife to the bank to queue up and withdraw money this morning. Sometimes, you really can't help but follow the crowd."
“If you don’t follow the trend and don’t withdraw your money, and you trust the banks, then don’t worry about those of us who don’t trust the banks.”
Aunt Zhong peeked out and said to Afang, "The bank doors are all closed now, they won't let you withdraw cash, they said there's no cash in the store."
“Good people carpool and drive to a bigger bank to withdraw their money.”
Afang thought they were exaggerating, so she said, "If so many people go to the bank to withdraw money, then the bank must be out of cash."
Aunt Zhong persisted, saying, "Even withdrawing money isn't safe; I want to exchange it for gold."
"Gold is a hard currency!" Aunt Zhong kindly reminded her, "Afang, you should prepare early."
"Soros and his gang can come at any time. By the time we react, Hong Kong's financial system may have already been disrupted by them."
Ah Fang glanced at Chen Dong, who was busy at work. They had just been discussing Soros's plan to attack the Hong Kong dollar.
However, Chen Dong did not mention Soros's attack on the Hong Kong dollar, or when he would take action.
"Aunt Zhong, is it safe to switch to gold?" Afang asked.
"Of course it's safe."
At this moment, someone among the diners spoke up again, "How long has it been since Soros' speech? At least a month ago, I think he was just joking."
Aunt Zhong rolled her eyes at them, pulled Chen Dong over, and said to him in a low voice, "Xiao Lu, have you learned anything from reading the newspaper every day?"
Will Soros's foundation actually attack the Hong Kong dollar?
Upon hearing this, Aunt Zhong's mother quickly interrupted her, "Hey! Xiao Lu is just a country bumpkin from the mainland, he doesn't understand these things."
"Aunt Zhong, you might as well ask me instead of him."
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