Since the New York Stock Exchange opened in the evening, nearly 30,000 lots of Hong Kong dollar sell orders have been added on the New York Stock Exchange alone. It seems that Soros wants to deplete the Hong Kong dollars held by international speculators other than Hong Kong China Asset Management.
They sold off large amounts of Hong Kong dollars in New York, London, Southeast Asia, and other places to create a selling frenzy and incite market panic.
At this point, international speculators, seeing an increasing number of sell orders for Hong Kong dollars, will inevitably be unable to form optimistic expectations for the Hong Kong stock market. The World Bank, with its conservative investment style, as well as other third-party financial institutions and credit institutions, will also release large amounts of Hong Kong dollars to balance their investments.
In other words, Soros's strategy is to surround the Hong Kong stock market with global stock markets. If they cannot secure enough private capital to support the market now, the stock market will inevitably experience a major shock when Soros actually sells Hong Kong dollars.
"Book the earliest flight to the mainland tomorrow morning," Yang Fugui said quietly.
Upon hearing this, Du Xingzhi immediately returned to his residence, packed his things, and called the traders who were still holding their ground in the trading hall, ordering them to stabilize the situation in the Hong Kong stock market no matter what.
Afterwards, he managed to contact Afang through Longteng and learned that Chen Dong had already gone to Pengcheng.
He hurriedly booked two plane tickets to Shenzhen, and waited until the next morning to fly back to the mainland.
Chen Dong arrived in Pengcheng a day earlier than them. By then, the massive flood had already swept through the entire main stream and tributaries of the Yangtze River. Pengcheng, due to its higher elevation, had not yet been affected by the flood.
However, due to the widespread torrential rains in southern China, although Shenzhen was not flooded, urban flooding was still very serious.
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