Credit is a stable core of a financial market and an important third-party financial force, playing a crucial role in the financial structure of a stock market.
Robertson suggested that "at the appropriate time, Soros could give a global speech to amplify investors' panic about a global stock market crash."
"The more irrational investors are, the more opportunities we have to take advantage of them."
"This approach might be suitable for the Russian stock market, but it would probably be difficult for Hong Kong right now."
"Suppressing Hong Kong stocks and inciting selling must have been done under the premise of manipulating investor sentiment. However, judging from the current attitude of the authorities in repurchasing stocks, the current Hong Kong securities firms and brokerage firms are too conservative."
Cyber looked at Soros, his eyes seemingly seeking his opinion, "Official buybacks will hinder our next steps."
“No,” Soros quickly concluded, “the reason why listed companies are buying back shares is essentially due to their distrust of the current financial environment. In other words, shorting is still the prevailing trend, given that the Hang Seng Index has been declining slowly for several months.”
“By now, the Hong Kong public should have realized that the Hong Kong Foundation holds a significant proportion of cash, which represents the attitude of the majority of shareholders.”
As he spoke, Soros lowered his head and smiled sinisterly, "Let's first drop a bombshell on the Hong Kong stock market to test the market sentiment there."
"I refuse to believe that the mysterious private capital controller won't show his face once the international speculators in Hong Kong have made new moves."
On that day, international speculators led by Soros dumped nearly $80 million worth of heavyweight stocks in the four major sectors of agriculture, forestry, fisheries and animal husbandry. The trading volume of heavyweight stocks is usually stable, so the sudden appearance of such a large sell order caused an instant sensation.
The recent decline in the Hang Seng Index, coupled with the share buybacks by major listed companies, has left investors wanting more.
Soros thought this action would force Chen Dong to take action, but he didn't expect that Chen Dong was currently participating in flood relief efforts at Poyang Lake.
He had already handed over the company's financial business to Ma Guoliang. Ma Guoliang's own style tends to be conservative, so when faced with such a big fluctuation, he subconsciously thought of asking Chen Dong for help.
However, calls from Hong Kong to Poyang Lake County in mainland China could not be connected, so Ma Guoliang and Wangcai dared not take any rash actions, which is why they kept delaying.
At 3:00 AM China time, Afang, Chen Dong, and everyone else sleeping in the archives were awakened by a clap of thunder.
"It's pouring rain! Go check the dikes!" The driver, who had just been awakened by the thunder, instinctively thought of the floods in Poyang Lake. He said incoherently, "Quickly put on your clothes and go to the Poyang Lake reservoir."
Within a week, everyone in the county committee was obsessed with the flood. Even when they woke up from a dream, the first thing they thought of was the dikes of Poyang Lake.
The county head and deputy county head had only been lying down for an hour when the piercing phone call urged them to leave the office building and rush to the Poyang Lake dam.
After Chen Dong and A Fang got up and dressed as quickly as possible, the county magistrate, Deputy County Magistrate Secretary Liu, and several researchers who had been resting on the third floor had already set off for Poyang Lake.
Because almost everyone's energy was focused on the Poyang Lake system during this period, even when Chen Dong arrived, Secretary Liu only managed to spare two or three hours to receive him. Therefore, the driver hired by the county committee, Mr. Zhou, had to take on multiple roles, simultaneously transporting leaders and entertaining VIPs.
Chen Dong had just woken up, thinking he was going to inspect the condition of the dike with the county magistrate, but he didn't expect them to act so quickly. They had just gotten out of bed and were already getting dressed as they left.
At this moment, only the group from Longteng and their driver, Mr. Zhou, remained in the entire county committee office building.
Master Zhou watched the flood relief team disappear into the distance, then turned to Chen Dong and A Fang, who had just woken up and were still squinting in the bright sunlight. "Should we follow them?"
“Yes,” Chen Dong said in a hoarse voice.
"I'll go get a car right away!" the driver said excitedly.
Clearly, he was also concerned about the dikes of Poyang Lake, fearing that heavy rains might cause the river to overflow.
After changing the car, Chen Dong received several phone calls on his way to Poyang Lake.
The calls were all coming from offshore companies in Hong Kong. Ma Guoliang's voice came through the phone, "Boss, they've started selling off heavyweight stocks."
Chen Dong had just gotten out of bed, his mind a complete mess. "Heavyweight stocks are usually introduced during the initial investment phase, in conjunction with a well-structured portfolio. They're still in the market testing phase, so why would they sell off heavyweight stocks?"
“I can’t figure out the logic of international speculators. This time, it seems they’re not trying to test market sentiment, but rather to find out who the capital is that’s protecting Hong Kong’s market,” Ma Guoliang said.
Chen Dong rubbed his throbbing temples. "So, they want to know whose private capital, besides the Financial Secretary of the Hong Kong Monetary Authority, is involved in market intervention?"
Ma Guoliang quickly realized, "Are they trying to force us to take action?"
“I understand now,” Chen Dong sighed, his eyes dry from lack of sleep, blinking constantly. “So, do you know what to do next?”
"Our main force remains inactive, but we will mobilize our smaller securities firms to simultaneously absorb and release buy and sell orders in the market regarding the heavyweight stocks that Soros is selling off."
"This creates market chaos, making it impossible for Soros to determine whether we should go long or short," Ma Guoliang said confidently.
Chen Dong snorted coldly, "Your approach is good, but you need to add a little something."
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