"To be honest, my speculation that international speculators would target Russia before attacking Hong Kong is just a conjecture based on a series of actions by international hedge funds."
He finally admitted, "You're right, it's just my guess, and there's almost no real basis for it."
Hearing Chen Dong's disappointed voice, Lin Zhiyuan comforted him, "It's okay. If you can think of this, international hedge funds can too. Maybe they're planning how to make a move on Russia's financial market right now."
"Don't worry, I'll have Yulia keep a close eye on things these next few days. She has access to more information in Russia than we do, and it's more accurate. We'll have the economic advisors create a basic economic model so we can predict where the hot spots in Russia's financial market will be in the future."
"It's always a good thing to be able to take precautions in advance."
Seeing how considerate his brother-in-law had become, Chen Dong felt very gratified. "You've really worked hard these past few days."
"We're all family, why say things like that?"
After a few pleasantries, Lin Zhiyuan went to do his task as Chen Dong had instructed.
At this moment, Ma Guoliang knocked on Chen Dong's office door and reported to him: "The position has been set up. Shall we enter the market immediately?"
Ma Guoliang was in charge of laying the groundwork for the HK$100 billion. Chen Dong obtained this money to completely destroy the Soros Group, so he naturally paid close attention to the flow of this money.
"No." Chen Dong directly rejected Ma Guoliang's suggestion. "It's not time to take action yet."
Upon receiving the boss's reply, Ma Guoliang's expression immediately turned somewhat grim. His position had already been established, and his analysts and researchers had been urging him to get a response from the big boss, which was why he had come to inquire personally.
Everyone is worried that if the Hong Kong stock index falls without a lower limit, just like the Thai baht and peso did, it might plummet all the way down, and the local government might even announce that the currency is now freely floating.
Although stock indices and currency exchange rates are significantly different, they actually influence each other in terms of data. If the Hong Kong government falls and the Hong Kong dollar enters a free-floating phase, it would mean that their previously proposed long-term investment plans would face bankruptcy.
Long-term investment means being optimistic about Hong Kong's financial market. However, if the Hong Kong dollar enters a period of unlimited decline, even if the Hang Seng Index has a chance to slowly recover later, by then their HK$100 billion investment will have been completely wiped out.
Ma Guoliang thought to himself that the Thai government had made a solemn vow to use all the resources at its disposal to maintain its currency market, but even so, within a few months, local commercial banks and the central bank declared bankruptcy one after another.
The Soros Group is a leading international hedge fund, and the Quantum Fund, which he leads, has a near-perfect track record in the global stock market, having weathered many storms.
Thinking this through, Ma Guoliang finally couldn't help but say to Chen Dong, "But..."
“Our HK$100 billion has been gradually invested in the market for share buybacks of listed companies. In order to operate this buyback discreetly, it has left almost no obvious traces in the stock market.”
"At this rate of efficiency, we expect to have only deployed half of our funds by June. This means that the other half of our funds will suffer endless losses at the securities firm as the index falls."
Chen Dong had considered these factors beforehand, but he had a longer-term vision than Ma Guoliang. "This time we are determined to go long. Since we are going long, we must maximize the interests of investors."
"At this stage, international speculators are still suppressing the Hong Kong stock market, which means that the Hang Seng Index still has considerable room to fall. If you enter the market now, the losses for the bulls will be far greater than the interest losses we would incur if we put our money in a securities company."
"Didn't I already tell you before? This HK$100 billion must be used to buy at the bottom when the Hang Seng Index falls to its lowest point."
Ma Guoliang, a former stock trader, was always very confident in his abilities in the stock market. However, he was somewhat bewildered when he was in front of Chen Dong, because many of Chen Dong's operations were incredibly unbelievable, both from a professional and experiential perspective.
However, as it turns out, Chen Dong's actions were almost always accurate.
This is why their small securities firm was able to rise rapidly and gain a foothold in Hong Kong.
"Boss," Ma Guoliang asked earnestly, "where should the Hang Seng Index have reached its lowest point?"
Chen Dong thought for a moment and quickly said, "The last time Soros attacked the Hong Kong dollar, he almost cut the Hang Seng Index in half. However, because Hong Kong has the backing of the mainland, the Hong Kong dollar rebounded when the index was around 9,500 points."
"However, this time is different from the last time. According to my judgment, this time the international hedge funds are not targeting the Hong Kong dollar, but the Hong Kong stock index."
"To make a fuss about Hong Kong's stock index means they need to mobilize a much larger amount of funds than when they attacked the Hong Kong dollar last time, which is no small amount."
Chen Dong used the word "mobilization" because international hedge funds are not limited to Soros' Quantum Fund, but also include Robertson's Tiger Fund, as well as international financial giants who have had close cooperation with Robertson and Soros in the past, and a considerable number of international funds.
In addition, Soros is adept at using his influence to guide international speculators to act according to his plans.
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