“If anyone’s going to betray us, it’s them who will betray us first!” Ma Guoliang interjected. “When the Financial Secretary was cooperating with us, he promised to cooperate with our actions. Now that he’s being so dismissive, it’s obvious that he’s used us as pawns because he secured a lot of funds to support the market in mainland China.”
After saying this angrily, Ma Guoliang looked at Chen Dong and said, "Boss, I support you."
"They actually said they would pull strings, which is obviously just a way to buy time. If we don't give them a warning now, the Financial Secretary will think that Dragon Entertainment is easy to manipulate."
Seeing that the senior executives present were not very calm, Lin Zhiyuan sighed, "So the main purpose of releasing this news is to get the Hong Kong Monetary Authority and the Financial Secretary to introduce corresponding policies as soon as possible."
Chen Dong nodded, then added, "Let's stop here."
"For the time being, we should not reveal to the outside world who the private capital is protecting the market, otherwise we are very likely to be drawn into a media storm and give the Soros Group a handle to criticize us."
"clear."
A day later, Chen Jianlin, a host on Hong Kong's financial channel, implied on his program that the Soros Group and American economists' accusations that the Hong Kong Monetary Authority was interfering in the free market were completely unfounded.
As per Chen Dong's request, he only revealed a little information that left room for speculation, without revealing too many details.
After the financial channel program aired, rumors quickly spread like wildfire in Hong Kong. Due to the ambiguous official stance, this provided tabloids with an opportunity to fabricate and embellish the story.
Hong Kong stock market investors and speculative capital, recalling the Hang Seng Index's 400-point plunge two days prior, have been fueling their speculations. Many journalists and economists are trying to uncover clues about the relationship between the Hong Kong Monetary Authority and private capital.
However, due to the scarcity of clues, the investigation ended in failure.
Therefore, the public's opinion on whether the Hong Kong Monetary Authority has intervened in the free market is still in the gossip stage.
However, in the lull between the bulls and bears, Soros also took the time to visit the United States to attend an international financial conference hosted by the Federal Reserve.
Because of the Hong Kong International Financial Centre, Soros and a large group of people behind him have been pushing public opinion behind the scenes, putting the Hong Kong Monetary Authority in the spotlight. Now, the voices of rebuttal have been raised again, and this matter has suddenly become a hot topic in the global financial field.
When asked by reporters, Soros half-closed his thick eyelids and said, "We placed a large number of sell orders in the market for the purpose of restructuring our stock portfolio. When we put down these sell orders, we did not see any sign of the Hong Kong government."
Soros then quickly found an excuse and changed the subject.
However, his short sentence immediately caused a sensation in the global financial market. Such a serious crime of interfering in the market was firmly pinned on the heads of the Soros Group, the Federal Reserve, and the president of S&P.
Now Soros has changed his tune, saying he found no signs of the Hong Kong government intervening in the market. This is tantamount to speaking on behalf of the Hong Kong Monetary Authority, and he has contradicted himself.
Soros was well aware of the consequences of his remarks, but he was clever. After implying that the Hong Kong government had not intervened to support the market, he immediately questioned the Hong Kong Monetary Authority: "The Hang Seng Index has fallen so much, and the Hong Kong government has not made any statement. It seems that the Hong Kong Monetary Authority does not care about the rise and fall of the Hong Kong stock market."
Every single word of Soros's remarks was printed in the latest issue of the newspaper. Chen Dong looked at the newspaper that had just been returned, not knowing whether to laugh or cry:
"They said everything, good and bad!"
Anne was also very dissatisfied after seeing the newspaper.
......
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