Chapter 565 Wailing Cries Across the Land!



Just as Chen Dong and Wang Cai were busy, the latest newspaper arrived.

They were stacked together, a thick pile.

Chen Dong took it, flipped through it briefly, and then burst into laughter.

As expected, international speculators and local speculators couldn't resist any longer.

After yesterday's probing attack, they are now gearing up and launching a full-scale offensive, continuously releasing information in various newspapers, radio, television and other media, causing the Li Group's stock incident to escalate.

Although many media outlets in Hong Kong have been controlled by business tycoons like Li Ka-shing and Chen Dong, or influenced by top tycoons.

Almost all newspapers published news related to the Li Group.

Many newspapers devoted considerable space to yesterday's stock market battle, and some also excerpted reports from foreign media.

In fact, many local Hong Kong newspapers have been relatively restrained in their reporting.

Because Li Ka-shing made arrangements in advance and contacted many media outlets.

However, many media outlets, whether openly or covertly, have pointed the finger at the Li family for inappropriate actions, poor assets, and problems in their operations.

Even local media outlets that were rumored to have ties to Li Ka-shing published some information in a veiled manner.

There's no way around it; such a big event is being reported by everyone. If any newspaper doesn't report it, it would not only be unfair, but it would also lose a large number of readers.

These newspapers certainly wouldn't do something so foolish.

Therefore, Li Ka-shing had no way to stop this situation.

Or rather, Li Ka-shing may not have intended to strictly guard against these messages at all, but rather deliberately let them slip by.

Of course, while Hong Kong does have some regulation over news media reporting, as long as it complies with relevant laws, no department will interfere with what is reported.

As a big boss, Li Ka-shing could only try to smooth things over through his own connections, and had no way to forcefully intervene.

Newspapers that favor Li Ka-shing were relatively restrained in their reporting, appearing more moderate, and even speaking up for him, clarifying things for him, and bolstering the confidence of shareholders.

However, after yesterday's clashes, the stock prices of Li family-related industries continued to decline, which has already disheartened most shareholders, who are only thinking about cutting their losses and leaving the market.

Of course, not to mention the foreign media.

Their reporting was even more intense.

Li Ka-shing couldn't possibly take care of these media outlets.

These are precisely the key areas where speculators focus their efforts.

These newspapers published numerous negative reports about the Li family and their businesses.

They not only reported on Li Ka-shing's kidnapping, but also emphasized that Li Ka-shing borrowed money from banks and even underground banks to save his son, thus exaggerating the major crisis Li Ka-shing was facing.

Of course, the most important evidence is the Lee Group's performance on the stock market yesterday.

Wangcai walked over.

He also saw these reports.

He immediately exclaimed in amazement, "Boss, you're amazing! Just as I expected, these speculators are getting impatient. It seems that after yesterday's probing, they're going to really go all out."

Chen Dong sneered, "These speculators think they've pulled off a clever scheme, but they didn't expect that they've just paved the way for Li Ka-shing. Let's just wait and see what happens!"

At the same time, these newspapers entered thousands of households in Hong Kong and reached the hands of readers.

These reports have further exacerbated the anxiety of many stock market investors.

All that could be heard were cries of agony; the scene was one of utter devastation.

More people started making phone calls, frantically contacting relatives and friends, urging them to prepare to sell their shares in the Li Group.

The morning market opens at 9 a.m.

Everyone got busy.

Wangcai also directed his traders to take continuous actions.

From the outset, the bears and bulls were locked in a fierce battle.

Under Wangcai's command, his subordinates kept buying Li's Group's stock.

Of course, at the beginning, his methods were relatively gentle, his actions were subtle, and he secretly purchased the goods behind the Li Group and its affiliated army.

This indicates that the Li family still occasionally invests a certain amount of funds to support the market.

However, the stock price is still falling, largely because the amount of capital invested is not large, only tens of millions or hundreds of millions of Hong Kong dollars.

In addition, investors lack confidence.

This only makes the Li family's actions seem even more ineffective.

The Li family's stock price is still falling little by little.

It started at 6.1 and has been falling to 5.8, and it looks like the decline is not going to stop.

Although buy orders kept appearing in an attempt to stabilize the stock price, it always seemed precarious.

This further exacerbated market panic.

Seeing this, the speculators were overjoyed.

It seems the Li family was truly stunned by their actions.

They knew, of course, that with their relatively small investment, they couldn't inflict a fatal blow on the Li family.

That's why they kept releasing negative news, causing everyone to lose confidence in Li's stock and increase the selling pressure.

They believed that by joining forces, they could definitely defeat the Li family, or at least severely damage it.

Only in this way can they guarantee that they will make money, and make a lot of money.

Now is the time to intensify the offensive.

Increase investment and short sell on a larger scale.

In a large VIP room, several speculators were gathered together, looking relaxed.

bite!

Several glasses filled with blood-red wine clinked together, producing a crisp sound that was incredibly pleasing.

This perfectly symbolizes their feelings.

A fat man gently swirled his wine glass, causing the liquid to rotate rapidly within it.

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