Chapter 1157!



"It's great that you still thought of me after all this time. I'm so glad to hear your voice now."

"It's been a long time since I heard from you. How's the situation over there?" Chen Dong asked.

A hoarse voice came from the other end of the phone, "Everything is fine here except for the poor living conditions."

"We are working with the local government to mine minerals and promote green energy, and now we have established a firm foothold."

Hearing this, Chen Dong felt a pang of reluctance, thinking back to when he had sent them away. "Africa is relatively peaceful now. As long as you have weapons and the support of the local government, things shouldn't be too bad."

"If things can be put on hold over there, come back soon."

Chen Dong said this because he felt sorry for his bodyguard being far away from his homeland, but the bodyguard on the other end of the phone said, "Don't worry, Mr. Chen, we'll go back once the mining operations here are stable."

Chen Dong sighed and finally hung up the phone.

A few days later, criticisms of the Hong Kong authorities' interference in the free market economy intensified.

Initially, these rumors and gossip were amplified by major media outlets, which did boost investor confidence in Hong Kong's financial market to some extent. As a result, the Hong Kong Monetary Authority and the Financial Secretary of Xiangxiang remained silent and did not issue any clarification statement on the matter.

This behavior, observed by investors, became the Hong Kong Monetary Authority's tacit approval of market intervention.

In reality, the Hong Kong authorities did nothing at all. All the data regarding the rise in the Hang Seng Index, futures, and the market capitalization of heavyweight stocks and listed companies were fabricated by Chen Dong.

The role played by the Hong Kong Monetary Authority and the Financial Secretary was simply to release a few positive news items about Hong Kong stocks through official media.

The Hang Seng Index has now risen to a certain level, and the bulls and bears in the financial market have formed a tug-of-war. The Hong Kong government initially hoped to use Soros to boost investor confidence and achieved results in a short period of time, but they still underestimated Soros.

Hong Kong's economy has been negatively impacted by public opinion, with the Hang Seng Index showing a slight downward trend. The Hong Kong Police Force has suffered a loss of reputation, and many government projects have been cancelled.

With things having progressed to this point, Du Xingzhi of the Financial Regulatory Bureau and Yang Fugui of the Financial Secretary had no choice but to approach Chen Dong again, hoping to obtain a way to get rid of the international hedge fund.

“We did nothing wrong, yet we’re being made the scapegoat for international hedge funds.” Yang Fugui said with a wry smile, “Mr. Chen, you must stand up for us.”

Upon hearing this, Chen Dong turned his head away impatiently, "How could I possibly control this?"

Actually, he was still angry. He had previously explained to the Hong Kong Monetary Authority and the Financial Secretary that he wanted to buy 3% to 4% of Hong Kong stocks, but a week ago, the Hong Kong stock market was booming.

In an effort to revive the stock market and raise the Hang Seng Index to their expected level, the Hong Kong authorities failed to promptly clarify their actions in the Hong Kong financial market.

This led to misunderstandings among the public regarding the Hong Kong Monetary Authority and the Financial Secretary. While this misunderstanding boosted investor confidence to some extent, it also ruined Chen Dong's goal of buying at the bottom.

Previously, Chen Dong and Lin Zhiyuan had privately analyzed that the reason why the Hong Kong Monetary Authority and the Financial Secretary accepted Chen Dong's transaction terms was probably because they had anticipated the current situation.

......

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