Chapter 269 Chrysanthemums wither, wounds cover the ground



Today, Boundless is the world's largest and most influential company!

Its wealth is so immense that it can be described as "rich enough to rival a country"!

As the head of Wujiang Group, Zhao Ye's every move has a far-reaching impact.

Zhao Ye's declaration that he would teach Soros and other international speculators a lesson immediately caused a huge stir.

This is huge news; people all over the world are paying close attention to it.

Online, there were even polls comparing Wujiang Group with international speculators, with over a million netizens participating.

"International speculators are so ruthless; countries like Thailand, the Philippines, Malaysia, and Indonesia have all fallen victim to their guns. No matter how powerful Wujiang Group is, can it really compare to a country? Therefore, I believe Zhao Ye is just spouting nonsense. Wujiang Group is definitely no match for international speculators!"

"That's right, Wujiang Group is just a company. How can a single enterprise be compared to a country? So many countries in Southeast Asia are no match for international speculators, let alone Wujiang Group..."

"The funds of international speculators are beyond everyone's imagination. The main funds come from large financial institutions around the world or European and American conglomerates. Their power is extremely terrifying!"

Many netizens are pessimistic about Wujiang Group, and they don't believe that a company can be more powerful than Southeast Asian countries.

In fact, Wujiang Group is even more powerful than Southeast Asian countries.

In 1996, the Wujiang Group's annual revenue exceeded US$500 billion, and it employed more than four million people.

In 1996, Thailand's GDP was US$163 billion, the Philippines' GDP was US$84.6 billion, Malaysia's GDP was US$80.9 billion, and Indonesia's GDP was US$207.3 billion.

Looking at this data, the combined GDP of these four Southeast Asian countries barely exceeds the annual revenue of Wujiang Group.

Looking at foreign exchange reserves, before the Asian financial crisis, Thailand's dollar reserves were only $30 billion, while Wujiang Group's dollar reserves had exceeded $150 billion.

Compared to a single company, a country is utterly defeated; they are simply incomparable!

Many netizens who are familiar with Wujiang Group firmly believe that Wujiang Group will win.

In fact, Wujiang Group is not fighting alone.

Once Wujiang Group steps in to rescue the market, the entire Hong Kong will be on his side.

Therefore, the probability of Wujiang Group defeating international speculators is extremely high.

However, international speculators led by Soros have long been arrogant and overbearing.

To them, Zhao Ye's words were nothing short of a provocation.

What does "Don't say we didn't warn you" mean? Translated, it's basically threatening international speculators.

If international speculators get scared, wouldn't they become a laughingstock of the world?!

If this is tolerable, what is intolerable?

International speculators were furious and contacted Soros one after another. They sat down together, held a meeting, and discussed shorting Hong Kong.

The meeting room of Quantum Fund.

An angry middle-aged white man shouted, "This is outrageous! Zhao Ye dares to look down on us! We must teach him a lesson!"

"Yes, Zhao Ye is utterly arrogant and ignorant. We can use this opportunity to defeat the Wujiang Group, making our reputation as international speculators known far and wide, instilling fear in all of Asia, and reducing the resistance of other countries!!!"

Upon hearing this, Soros's sinister face flashed a bloodthirsty yet excited sneer: "Alright, let's begin preparations to short Hong Kong from now on. On June 1st, we'll officially launch the attack! Anyone have any questions?"

"No problem!!!" Everyone present responded.

...

The tactics used by state speculators to short Hong Kong are basically the same as those used to short Thailand. They borrow Hong Kong dollars from Hong Kong banks and then sell them on overseas markets.

On June 1st, international speculators flooded the London foreign exchange market, dumping nearly $6 billion worth of Hong Kong dollars, pushing the Hong Kong dollar to the US dollar exchange rate above the warning line of 1:7.75. The following day, the Hang Seng Index fell 10.4%, and two days later it plummeted another 13.4%, reducing the total market capitalization of the Hang Seng Stock Exchange by HK$2.1 trillion, and decreasing the average wealth of Hong Kong residents by HK$350,000!

This sparked widespread panic in Hong Kong, with countless citizens pleading with Wujiang Group to intervene and rescue the market.

Shanghai.

Wujiang Group.

"Chairman Zhao, the Hong Kong stock market has plummeted. Should we intervene to rescue the market now?" Liu Yinyin asked.

Zhao Ye shook his head: "It's not the right time yet..."

While Wujiang Group intends to rescue the market, it also wants to take the opportunity to make a fortune.

With the stock price plummeting, Wujiang Group can take the opportunity to buy a large number of high-quality stocks at the bottom.

Moreover, this is just a small trick by international speculators; it's easy to break.

Furthermore, how can the power of the Wujiang Group be highlighted and countless Hong Kong people grateful to the Wujiang Group if Hong Kong is not pushed to the brink?

"Chairman Zhao, Hong Kong has suffered heavy losses and is in a state of panic. If we don't take action soon, they will lose confidence. It will be difficult for our Wujiang Group to succeed on its own!" Liu Yinyin said worriedly.

Zhao Ye calmly said, "The tricks of international speculators are easy to expose. You can have someone notify the Hong Kong British government to raise the interest rate on Hong Kong dollars, which will cut off the speculators' funds in one fell swoop, causing them to lose huge amounts of interest and flee in panic!"

Upon hearing this, Liu Yinyin's eyes lit up. She thought to herself, "This is truly a brilliant idea. The international speculators are likely to suffer a crushing defeat this time."

"Chairman Zhao, I'll issue the notice right now!"

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