Chapter 1114 Mobilization Meeting!



Unlike Chen Dong's optimism, his staff maintained a pessimistic attitude.

“If international speculators attack the Hong Kong stock market, the mainland will certainly support them, but the level of support will vary,” Ma Guoliang said with a doubtful expression. “Besides, the countries like Thailand and the Philippines are not anarchic.”

"Even the major Southeast Asian countries that pride themselves on being free markets find themselves powerless when faced with international speculators."

After the devaluation of the Thai baht, peso, and Singapore dollar in recent years, they have become increasingly aware that while the free market can indeed bring unlimited prosperity, it also comes at the cost of potential crises.

These national governments are powerless against international speculators, so how can Longteng possibly stand up to them?

Furthermore, using such a large sum of money for long-term investment in Hong Kong is clearly a very unwise move.

Ma Guoliang analyzed: "The United States has the Federal Reserve in the international market, which is shifting the crisis everywhere. Their domestic stock index data is quite good. In recent years, apart from being affected by the attack on Hong Kong, there has been almost no major decline."

"If this HK$100 billion could be used for long-term investments in the United States, the return would certainly be both stable and high."

Manager Ma is very experienced in the stock market, and he is the most authoritative voice in this field.

If his only goal was to make money, Chen Dong could have joined an international hedge fund and followed their lead to profit from unsuspecting investors, but that wasn't his intention.

“I know.” Chen Dong glanced around, taking in the complex expressions on everyone’s faces in the office. “Although international speculators haven’t made a move yet, they have been gradually buying up heavyweight stocks.”

"In other words, international hedge funds and financial giants are not on the periphery, but are lying in wait within the circle, ready to make their move."

"The Hong Kong stock market is currently as volatile as a roller coaster. People don't want me to make long-term investments in the Hong Kong stock market because the risks are extremely high."

Chen Dong stood lazily, one hand propped on the desk. "But where do opportunities come from without challenges? I believe that as long as we choose the right point to intervene, we can buy them at the bottom."

"You all grew up with Western education, so I believe you can understand what I mean."

Chen Dong's words put everyone in a difficult position. They knew very well that understanding was one thing, and supporting was another.

They trusted Chen Dong, but were unwilling to trust the Hong Kong stock market.

After all, there have been so many precedents before, with the Thai baht being rendered powerless. How long can the Hong Kong dollar hold out?

Don't end up not making any money but getting yourself into trouble instead.

However, at this moment, Wangcai, who is usually calm and composed, was excited. "With the return of Hong Kong, there will inevitably be a period of economic boom."

"Currently, the Hong Kong Chief Executive's economic policy is mainly focused on stability. Some time ago, H country and island nation fell one after another, and Taiwan's New Taiwan Dollar chose to depreciate voluntarily. In addition, South Asia and Southeast Asia have not recovered from the financial crisis for a long time, and the center of Asia's economy is almost concentrated in the mainland and Hong Kong."

"Currently, the mainland and Hong Kong are the most active stock markets for futures investment."

Wangcai said with a smile, "Everyone, although we have experience circumventing international speculators in different stock markets, this is not the first time we have encountered international speculators."

"Their operation is just so-so." Wangcai was so happy that he was almost carried away.

The independent fund that Longteng recently established for Wangcai is still in the confidential stage. Chen Dong has allowed him to operate it independently, lying in the shadows waiting for the call. He can't tell anyone about such an exciting thing, so he can only enjoy it here.

Everyone noticed that Wangcai was all smiles all day, and they didn't know why.

Chen Dong gave Wangcai several meaningful glances before gradually calming him down.

Midway through the meeting, Afang suddenly knocked on the meeting room door, walked up to Chen Dong, and said a few words.

Staff members who were nearby overheard that Ah Fong said that the Financial Secretary and the Monetary Authority had arrived.

"Let them wait." Chen Dong frowned; he had not arranged to meet with them.

But his words made everyone in the meeting prick up their ears. For Ah Fang to risk interrupting the meeting to come in and inform Chen Dong, she must be a very important person.

Who is it?

The people below whispered among themselves, "It seems to be people from the Financial Secretary and the Hong Kong Monetary Authority."

"The boss simply refused to see them; that attitude was so cool."

"Quiet!"

Chen Dong raised his hand, making a "shh" gesture, and then continued:

"Manager Ma, I'm giving you one month. Within this month, you must convert all our current foreign exchange and positions into Hong Kong dollars. The operation must be discreet, and we must not cause too much volatility."

Ma Guoliang nodded hurriedly, "Understood, I guarantee I'll complete the mission."

......

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List