Chen Dong rolled his eyes and said angrily, "They are so hypocritical."
“They turn a blind eye to things that are in their own interests, but if anything really hurts their private interests, they become aggressive and determined to take away Hong Kong’s status as a financial center and strike at the Hong Kong authorities.”
The statement issued by Standard & Poor's analysts quickly attracted the attention of major media outlets in Hong Kong.
Although Hong Kong has now been returned to China, both the mainland and Hong Kong have made promises to allow Hong Kong to maintain a certain degree of political and economic independence.
Furthermore, Hong Kong citizens have become accustomed to the freedom of Hong Kong's financial system. Therefore, since the financial news channel reported that the Hong Kong Monetary Authority and the Financial Secretary would actively intervene in the market, they have been worried that the free market would be hijacked by the government and become a scepter in the hands of certain conglomerates and financial tycoons.
In response, the four major families of Hong Kong have successively stepped forward to express their positions.
"We have no choice but to protect the Hong Kong stock market," Li Ka-shing said sincerely to the interviewing reporter. "I think all of you reporters and media should know clearly who first disrupted Hong Kong's financial order, and who turned Hong Kong's free market into their tool for making money?"
Young and impetuous, Guo Bingxiang directly mentioned Soros's name when faced with reporters' provocations, saying, "You people only dare to pick on the weak. You don't criticize or resist what the international hedge funds led by Soros have done to the Hong Kong financial market in the past few months, but instead nitpick at the Hong Kong authorities and Hong Kong companies' efforts to rescue the market."
"Think about it carefully! Even if the Hong Kong Monetary Authority and the Financial Secretary intervene, so what about the financial market? Are they intervening in the market to make money? No! They are doing it to protect the assets of all citizens of Hong Kong and to prevent Hong Kong's real businesses and financial markets from being exploited by international speculators."
"Faced with the covetous eyes of international hedge funds, the Hong Kong Monetary Authority and the Financial Secretary not only did not back down, but actively sought external assistance and worked hard to find a breakthrough. All their actions were based on their love for Hong Kong's financial market."
After the four major families of Hong Kong refuted the claims, the Hong Kong media finally turned their sharp criticism of the Hong Kong authorities into tactful advice. However, regardless of the circumstances, major media outlets, economists, and even Hong Kong citizens do not support Hong Kong abandoning its free market economy.
Lin Zhiyuan was worried that this farce would amplify the negative impact on Hong Kong's financial sector and consequently affect the rise of the Hang Seng Index. So he contacted Chen Jianlin and Liu Baokun, hosts of Hong Kong's financial channel, overnight, hoping to get their opinions on the Hong Kong authorities from the financial channel and other media.
However, both men remained tight-lipped, only offering a warm welcome to Lin Zhiyuan's visit. When Lin Zhiyuan raised questions related to Hong Kong's finances, they both adopted a roundabout approach.
After realizing that he could not find any useful clues from them, Lin Zhiyuan gave up the idea.
"There is indeed a contradiction and conflict between Hong Kong's market rescue and the title of 'free market'," Chen Dong said, looking at Lin Zhiyuan's disappointed eyes. "In this regard, neither the hosts nor the analysts on the financial channel can give you a precise answer."
"Don't blame those two. Soros made a big fuss this time to fish in troubled waters and try to use the weapon of public opinion to attack us and make our efforts to protect the market no longer reasonable and compliant."
Lin Zhiyuan was well aware that Soros had his eyes on Hong Kong's financial market and that everything they did was driven by a strong purpose.
“Soros has too much influence. As soon as he speaks, the international financial world is drawn to him.” As he said this, Lin Zhiyuan looked exhausted, feeling that there was nothing he could do to stop Soros.
Chen Dong narrowed his eyes, and a smile suddenly appeared on his originally gloomy face. "It's alright. Since Soros has already sent out the signal for battle, we cannot back down."
"Brother-in-law, we've already invested nearly HK$15 billion in the stock market. Do you think it's worth giving up now?" Chen Dong asked.
"Of course I'm not willing to accept this!" Lin Zhiyuan said loudly.
As soon as he finished speaking, another voice came to his mind, "But... it would be difficult for us to compete with the Soros Group on our own."
Through this propaganda war, Lin Zhiyuan has come to a clear understanding of just how powerful the various factions within the Soros Group are.
The Federal Reserve, Nobel laureates in economics, Standard & Poor's credit analysts, and the president of Standard & Poor's credit agency have all fiercely criticized Hong Kong's intervention in the free market.
They completely disregarded what Hong Kong had gone through before and single-handedly guided public opinion to attack the Hong Kong authorities. This was nothing short of double standards for them and showed their malicious intent.
"Now that Soros has mobilized so many people with extremely high influence in the international financial market to enter the fray, public opinion is criticizing Hong Kong for being pushed to its peak. If this continues, the Hang Seng Index will fall back down."
Just then, Annie and Vivian Chow arrived together.
“Chen Dong, we’ve noticed that many entertainment news outlets and talent agencies have come forward to support Standard & Poor’s downgrade of Hong Kong’s financial markets,” Vivian Chow said cautiously, looking at Chen Dong. “It seems they’ve not only extended their reach into the financial sector, but have also simultaneously controlled the discourse in the entertainment industry.”
In the financial sector, the Federal Reserve and Standard & Poor's represent the authority in the financial field. Professional investors and international speculators naturally believe in their expressions and positions. In the entertainment sector, they don't even need professionals to step forward. As long as they mobilize various entertainment critics and use the media to release a deluge of news, they can influence ordinary people's judgment on the stock market.
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