“In addition,” he looked at Wangcai, “you will continue to keep an eye on the fluctuations of the heavyweight sectors during this period. If there are any abnormalities, notify me immediately.”
Thinking about the patterns of international hedge funds' attacks on other countries' stock markets, Chen Dong quickly figured out a rule.
"Soros always seems to like to use feints before he takes action," Chen Dong muttered to himself.
Before shorting the Hong Kong dollar, Lucy Soros of the Soros Group made a trip to Russia, which dealt a significant blow to Russia's heavy industry.
Before targeting the Korean won market, they spent a considerable amount of time in Indonesia.
It's unclear whether this practice is Soros's habit or a common practice within international hedge funds.
“Wangcai, you need to pay attention to the fluctuations in global stock markets recently,” Chen Dong said with a grim expression. “International hedge funds are very likely to use a feint attack.”
"If there are unusual developments in the global market, it could very well be the time when they take action against Hong Kong."
Wangcai nodded, "Understood."
At this moment, Chen Dong thought to himself that the fact that people from both the Hong Kong Monetary Authority and the Financial Secretary had come meant that the conditions he had proposed to the Hong Kong government were generous and extremely tempting.
However, their most important task at present is to force international speculators to make a big move.
Chen Dong didn't know who the specific international hedge funds were, but he figured there were only a few big players, like Soros and Robertson.
Previously, when Hong Kong returned to China, they launched a massive attack on the Hong Kong dollar. It was only through the cooperation of Chen Dong and the four major families, the Financial Secretary of the Hong Kong Monetary Authority's efforts to protect the market, and the mainland's support that Hong Kong's economy was barely stabilized.
In addition, Soros's "front man" ran into problems at the time. Due to internal operational imbalances, Asia Investment Bank Capital began to sideline Cyber. After Longteng provided Asia Investment Bank Capital with a sum of cash, the capital company immediately withdrew from the Soros Group.
Without further support, Soros was unable to launch another attack.
Among the many stock markets that were hit by international hedge funds, the Hong Kong stock market is the only one whose stock index was directly halved but was still able to recover.
Soros's attack failed to cripple Hong Kong; instead, it caused the Hong Kong stock market to rebound significantly.
Seeing that they couldn't gain anything in Hong Kong, the Soros Group made an emergency withdrawal. At that time, the Hong Kong government withdrew from the market and stopped selling, and they failed to close their positions in time, almost losing everything.
After the international hedge funds left, the second batch of foreign exchange support from the mainland arrived quickly, and with this foreign exchange resource, Hong Kong's economy immediately regained unprecedented vitality.
However, the recent outbreak of avian flu has once again given international hedge funds an opportunity to launch an attack.
Thinking of this, Chen Dong suddenly recalled what Xiang Huaqiang had told him before, about someone releasing diseased chickens into the Liufushan chicken farm. Although no clues had been found yet, he was certain that international hedge funds were involved.
We should teach international hedge funds a lesson and make them pay the price.
Chen Dong's hazy eyes gradually revealed a sinister light. "Everyone, this crackdown on international speculators is an excellent opportunity for the foundation to expand its influence in the financial field. After completing a series of operations to confront international hedge funds head-on, the economic strength of our Longteng offshore company will be on par with the four major families."
Chen Dong was still thinking about the disdainful looks the four families had given him at the charity gala.
Although Kwok Ping-cheung and Li Ka-shing genuinely stood by him, Chen Dong could sense, even without their explicit statements, that the four major families did not truly accept him, due to the disparities in economic strength, age, and experience between him and the four families.
Chen Dong narrowed his eyes. "If things go smoothly, this investment could even buy Hong Kong."
"Buy Hong Kong?!" Someone suddenly burst open the conference room door.
The attendees instinctively looked towards the door and saw only two men, led by Financial Secretary Yang Fugui and Du Xingzhi.
Since these two are the two most frequently mentioned figures in Hong Kong financial newspapers, almost all the analysts and researchers present recognized them almost instantly.
"They are the Financial Secretary and the Monetary Authority, two very powerful figures."
Someone whispered among themselves, "How did these two big shots end up at our offshore company?"
At this moment, someone realized what was happening and whispered among themselves, "The two big shots that the big boss refused to meet earlier must be the ones."
"So it was them."
Chen Dong could hear whispers around him. When he saw Yang Fugui and Du Xingzhi, he gasped.
His mobilization meeting at the company hadn't even finished when the two of them barged in; it was incredibly impolite.
Just as Chen Dong was wondering how to explain his words to the two big shots, Afang came chasing after him from behind in her high heels.
"Boss, I'm sorry I didn't stop them!"
Then Afang directly said to Yang Fugui and Du Xingzhi, "Please wait in the office first."
Upon hearing this, Yang Fugui gave him an expression that seemed to say, "Do you even know who I am?"
Chen Dong sighed, waved to Afang, and said, "Never mind, you go back to your workstation first."
He walked up to the two bigwigs and said in a low voice, "Gentlemen, please give me some face in front of my staff."
"Go to the office and wait. I'll be done here soon."
Yang Fugui looked indifferent. He had drunk two cups of cold tea in the conference room and was already getting impatient.
Du Xingzhi, standing next to him, had a gentle demeanor. He reached out and tugged at Yang Fugui, whispering to him, "Why don't we leave first?"
Yang Fugui remained unmoved. Du Xingzhi looked around at the twenty or thirty people in the conference room and tried to persuade him again, "There are so many people here."
He was seething with anger, but right now their offshore company was holding a mobilization meeting with a large number of attendees. Yang Fugui had no choice but to tell Chen Dong, "Hurry up."
After he finished speaking, he and Du Xingzhi left one after the other.
Chen Dong really didn't expect that Yang Fugui and Du Xingzhi would be so impatient, actually coming in while they were holding their mobilization meeting.
Presumably, he needed to discuss something urgent with Wangcai. He hurriedly instructed Wangcai to continue the meeting and discuss the specific operational details before leaving.
In his office, two bigwigs sat on the sofa in the reception area, idly drinking tea.
“The tea from the mainland is indeed extraordinary.” Seeing Yang Fugui’s impatient look, Du Xingzhi wanted to say a few words to comfort him, “You don’t need to worry, Chen Dong is here anyway, he can’t run away.”
"We've been waiting here for ages, but he just keeps going in his meeting!" Yang Fugui couldn't help but complain. "Isn't this a deliberate attempt to give us the cold shoulder?"
As they were talking, Chen Dong came in without warning.
......
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