Chen Dong was very satisfied with the conversation.
The next day.
Chen Dong immediately called the Hong Kong offshore company and ordered Wangcai to "invest an additional HK$5 billion."
Wangcai's heart trembled when he heard the number. "Boss, are you sure it's 5 billion?"
"5 billion Hong Kong dollars, not a penny more, not a penny less. Start building the position quickly, or it will be too late," Chen Dong calmly instructed.
During the phase of offshore companies building up their positions, Hong Kong media began to exert their efforts to promote the various measures taken by the Hong Kong Monetary Authority and the Financial Secretary to actively rescue the market.
Upon seeing the related reports, Chen Dong smirked and inexplicably praised, "It seems that although Yang Fugui is power-hungry, he is quite capable of getting things done at this crucial moment."
However, on the same day, the Dow Jones Industrial Average fell from 8,550 points to 8,001 points, a drop of 449 points.
Because Russia uses fluctuations in oil and gas prices to balance its fiscal revenue and expenditure, almost all countries and regions that have signed oil and gas-related agreements with Russia have been affected by these price changes.
Oil-importing countries and regions cannot remain uninvolved and can only watch helplessly as the energy sector fluctuates more and more violently.
The negative energy radiating from Russia's financial markets quickly rebounded through the volatility of international stock indices, leaving Russia besieged on all sides, with the RTS index falling by 7.02 points.
For the stock market as a whole, this single-digit decline represents a drop of 6.49%.
Since last year, Russia's energy industry has been in trouble due to attacks by unknown capital, and it has not recovered yet. This year, the Middle East oil price war continues, and the Russian currency has been suppressed by international speculators several times, making it impossible to turn the tide.
The heads of the international hedge funds responsible for this financial market disaster are currently celebrating their success in the United States.
Soros and Robertson raised their glasses simultaneously amidst laughter and cheers. Soros then said, "Gentlemen, the ability to organize such a large-scale gathering of international speculators is all thanks to the support and assistance of the media."
"Our Quantum Fund has many methods in the stock market, but we always adhere to one principle in our interactions with our peers: to achieve a win-win situation for everyone."
Soros's cheeks were flushed, and he looked somewhat drunk. "Our friends in the media have done us a great favor this time, and the Quantum Fund will not forget you."
"The Russian ruble has been suppressed to the point of being unable to raise its head by us, and this is all thanks to you all."
While the celebration party was being held in a grand manner, Chen Dong also ordered Wangcai in Hong Kong to buy Hong Kong stocks with all his might.
At the same time, he made an unprecedented move by contacting Saudi Prince Awarid and discussing with him the possibility of using his existing oil reserves as collateral to borrow $50 billion from the prince.
Afterwards, Ma Guoliang did the math: "In the early stages of the Hong Kong market rescue plan, we invested HK$5 billion. Later, due to the global stock market turmoil, we actually invested nearly HK$6 billion, mainly in heavyweight stocks and HSBC Holdings."
"In the medium term, according to a plan, HK$5 billion has been invested, and currently, more than half of it is still in the stage of building up positions."
"This time, the $50 billion obtained from the mortgage from the Saudi prince, plus the backing funds provided by the Hong Kong authorities, and the cash we have cashed out, has reached a total of $260 billion."
$260 billion is a sum that even the world's most powerful private capital cannot afford, let alone take such a huge gamble to save a stock market.
After Ma Guoliang finished his report, all the traders and operators in the office looked at Chen Dong.
All they saw was that Chen Dong's expression remained completely unmoved.
They know their boss's style very well; he's a man of his word. But they're also worried that the $260 billion they've raised so far isn't enough to satisfy him.
“Chen Dong, I understand your desire to save the market; it's very urgent, but…” Lin Zhiyuan couldn't help but stand up and continue:
“DragonTen’s operations require a certain amount of working capital. We have already raised $260 billion. With such a large amount of funds, we cannot continue to cash out.”
Lin Zhiyuan was worried that if they continued to cash out like this, Chen Dong would drain Longteng's coffers.
Upon hearing this, the people in the office also issued warnings. Ma Guoliang even said directly, "Such a large amount of cashing out is a challenge for any company. If something unexpected happens in the Hong Kong stock market and our funds are tied up, then Longteng will face the same predicament as the Asian investment bank capital's previous broken capital chain."
Chen Dong smiled coldly, "Don't worry, I know what I'm doing in this regard."
“Very good.” Chen Dong pondered the number in his mind, his mind already made up. “This time, we must make sure that international hedge funds don’t leave alive.”
In fact, Longteng still has some industries and stocks that cannot be cashed out in a short period of time, but Chen Dong will not choose to cash out all the money at this time.
After all, a fund of $260 billion is more than enough to deal with Soros and his group.
Looking at the publicly displayed balances of several accounts on his computer, Chen Dong couldn't help but recall that in his previous life, the Soros Group had used a total of $150 billion to manipulate the Hong Kong financial market.
In other words, Chen Dong has completely overwhelmed Soros in terms of financial scale alone, not to mention that they also received support from the Hong Kong government and the mainland during the market rescue process.
Looking at everyone in the office, Chen Dong encouraged them, "Everyone, I know that no private capital would easily take out $260 billion to go head-to-head with international hedge funds."
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