Hearing this, Wangcai asked curiously, "Boss, what does that mean? What do you mean by feinting to the east while attacking in the west?"
"nothing."
Chen Dong silently swallowed the words in his heart.
According to his speculation, international hedge funds were bound by the Korean won market and were unable to buy Korean won to close their positions, so they deliberately created bird flu in Hong Kong. Alternatively, bird flu had already broken out in Hong Kong, but it was not serious at the beginning. International hedge funds spent a lot of money to have infected chickens released into several chicken farms in Leofoo Hill, artificially expanding the scale of the bird flu outbreak.
Their actions were primarily aimed at diverting the attention of the government and international speculative forces to Hong Kong, thereby prompting international speculative capital to quickly release the Korean won, so that hedge funds could purchase Korean won spot to reduce their liquidation costs.
The areas severely affected by fowl plague include major ports along the Chinese coast, Hong Kong, and island nations. The sharp decline in exports from these countries presents a good opportunity for country H to seize market share.
Hong Kong became the target of public criticism, which also made the Hong Kong Monetary Authority and the Ministry of Finance lower their guard.
After international hedge funds withdrew from the Korean won market without anyone noticing and retrieved their trapped funds, H country and Hong Kong belatedly realized that the entire operation was well-coordinated and clearly planned.
The last time international hedge funds attacked the Hong Kong market, they were hampered in Hong Kong. If they dare to come again this time, they must have made ample preparations.
Chen Dong thought to himself that the moment of decisive battle with international hedge funds was probably coming soon.
Thinking of this, he glanced at Wangcai, who was sitting on the sofa in his office, organizing several documents that the investment department had just sent over.
Chen Dong had witnessed Wangcai's actions in the offshore company over a long period of time, and he knew that Wangcai was a very talented and ambitious investor.
However, he lacked capital support in the investment market, so he could only rely on Longteng and work as a trader for Longteng.
In this respect, he is the same as Manager Ma.
“Wangcai,” Chen Dong looked at him and asked seriously, “would you be willing to separate from Longteng and establish an independent fund, leading the team yourself?”
Wangcai was stunned for a moment, then excitedly asked, "Big boss, you're willing to give me this opportunity?!"
Chen Dong smiled and said, “I can give you a seed fund of $1 billion to establish an independent fund, and 30% of the profits from this fund can be used as a reward for you and your team.”
Wangcai has always had strong ambitions in the stock market. Although this $1 billion is a small amount compared to his usual accounts, it is still a piece of meat.
Furthermore, Chen Dong had just proposed to give 30% of the profits as a reward, which Wangcai found very tempting.
"I, I do."
He said excitedly, "To be honest, after following you for so long, I've wanted to try operating independently for a long time."
"I'm just afraid the boss won't believe me." Wangcai scratched his head sheepishly and added, "Actually, I don't really believe in myself either."
“It’s alright, everything is difficult at the beginning.” Chen Dong immediately made phone calls to the investment department, marketing department and finance department in front of Wangcai, asking them to assist Wangcai in setting up an independent fund.
After saying this, Chen Dong seriously warned Wangcai, "Remember, during the process of establishing this independent fund, your leadership and operational abilities will be assessed. If your abilities do not meet my expectations, I will eventually hand over this independent fund to someone else."
"So during the process, you have to be fully committed and can't cause any trouble for me, otherwise I will delegate the power to someone else."
Upon hearing this, Wangcai felt both nervous and excited. He knew that completing this task would be a huge challenge for him. He was a very adventurous person, so he preferred to try things that he considered challenging.
"I understand, boss. I will definitely make you three or even four times the money back from this $1 billion startup capital."
After explaining everything, Chen Dong sent Wangcai away.
In fact, his desire for Wangcai to establish an independent fund was not solely for Wangcai's sake. Before the outbreak of avian influenza, they purchased a large number of chickens, ducks, and suckling pigs in Southeast Asia that were not infected with avian influenza. At the same time, they also acquired a large number of beef and mutton from farms in the United States.
After this batch of meat resources was released to the market, Longteng only made a small profit. This business was mainly for public welfare purposes.
The $10 billion they earned in the Korean won market was subsequently used for global procurement of supplies and for building factories in the middle and lower reaches of the Yangtze River in China. After these two large-scale operations, Longteng Company's working capital decreased significantly.
......
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