Now that things have evolved to this point, Lu Feng basically understands the purpose behind these chaotic phenomena, and then he looks back at the financial newspaper report about the decline in Hong Kong stocks.
After a six-day downturn, the market has started to recover in the last few days.
International media broke the news of Sharp's cooperation with Hurricane Semiconductor, and some people began to exaggerate the threat posed by Lu Feng. That year, the international situation seemed to be split from the domestic one, with theories of collapse prevailing. However, the threat posed by Hurricane Semiconductor was also sought after by countless people.
They believe that the reason Hurricane Semiconductor will threaten the high-end industries of developed Europe and the United States is that China will rise rapidly, with a huge market size and an unprecedentedly large consumer market that will nurture Hurricane Semiconductor into a behemoth.
Lu Feng felt that the people in the international newspapers were all crazy. Sometimes, two opposing views would appear in the same newspaper at the same time, which looked ridiculous.
On July 26, Lu Feng received a high-level meeting document via fax regarding the Hong Kong dollar exchange rate. This decision was a judgment by senior experts on the situation of the Hong Kong dollar and the probability of future problems.
After analysis, the report concluded that the Hong Kong dollar is important, and the Hong Kong stock market is equally important. The report stressed the need for economic stability, avoiding rash interventions, and focusing on effective risk management.
In response to international criticism of Hurricane Semiconductor, the foreign affairs department issued a statement, with Wei Yandan, as the person in charge, giving an interview to Ta Kung Pao.
Liu Cheng was originally scheduled to be on a business trip for a week, but because of this matter, he stayed in Japan to facilitate communication at any time, and so far there hasn't been much pressure.
The more than 800 people recruited by Hurricane Semiconductor have been trained and assigned to various projects. More than 70 people have been sent to Ruixin Lab for further study. As most of them are to be sent back to the domestic R&D center, a lot of them have left.
Lu Feng wasn't particularly busy; he just visited the company every few days.
The Wall Street bigwigs lost their leisurely mood and held one meeting after another in a tight schedule. The trial of Hong Kong stocks and Hong Kong dollars was completed. After a series of meetings, they believed that they could crush the Hong Kong dollar and Hong Kong stocks, and the date was set for August 1.
The first wave was initiated by Goldman Sachs, with Robertson as the main force. Soros, whose funds were not large, was at most a bystander in this matter. However, he had extensive experience in monetary finance and served as an advisor in this matter, so it can be said that he was in charge of this event.
On July 31st, after confirming that the official launch would take place on August 1st, Soros returned to his residence and called Lu Feng.
In Hong Kong, around 7 a.m., Lu Feng was woken up by his phone. Normally, he wouldn't keep his phone on his bedside table, but lately he had been receiving many important calls, so he didn't dare to be negligent and quickly answered the phone, saying, "This is Lu Feng, who is this?"
"Hello! It's me! Your old friend!" came a fluent English voice from the other end of the phone.
Lu Feng frowned upon hearing the voice, leaning against the headboard and saying, "Do you know what time it is here? It's so early in the morning, do you want to get yelled at?"
"Don't get so worked up. I know you're preparing for the financial crisis. You must be involved, right? How's the preparation going?" Soros laughed and said, "If you're not prepared, then I can only wish you good luck."
"The Hong Kong dollar is not the Thai baht, and China is not Thailand. I still advise you to be careful not to lose so much money that you can't even find your own home," Lu Feng said in a deep voice.
"I also advise you not to get involved this time. Everything will officially begin tomorrow. If you want to defend your country's finances, that's fine, but you should be prepared for bankruptcy!" Soros said with mixed feelings, "You should also experience what it feels like to lose more than a billion dollars overnight."
Hearing his words uttered through gritted teeth, Lu Feng couldn't help but laugh, saying, "When you were sweeping through Southeast Asia, why didn't you mention that you only lost a few billion? Did that even matter to you?"
"This isn't about the money!"
“I understand, it’s a matter of face, but let me tell you, you have no face in my eyes! I will participate, and let me tell you, I’ve been allocated Hong Kong dollars in both the Hong Kong stock and Hong Kong dollar sectors. Saying all this here is useless, we’ll see you on the market!” Lu Feng hung up the phone immediately after saying that.
The bedroom was unusually quiet, and the sunlight outside the window was shining brightly, streaming into the room through the gaps in the curtains. Lu Feng picked up the phone on the bedside table and said, "Send me a pack of cigarettes to the bedroom."
Two minutes later, the nanny brought in cigarettes, a lighter, an ashtray, and a cup of coffee to enhance the flavor.
Lu Feng lit a cigarette and smoked silently, knowing in his heart that this time the wolf was really coming!
At 8:30 a.m., Lu Feng had breakfast and first informed the higher-ups in Hong Kong about the matter, then informed the special office.
Everyone seemed to have been mentally prepared for this, and did not show much surprise. That morning, Lu Feng went to the temporary special office in Hong Kong for a meeting.
The meeting lasted for more than two hours. Hong Kong's foreign exchange reserves are currently over 90 billion US dollars. It is not easy to break through these 90 billion US dollars in a short period of time. According to their thinking, these 90 billion US dollars can withstand the first wave of impact, and the second wave of impact will require support from the mainland.
Lu Feng stated at the meeting that the short-selling force should not be underestimated. No one knows how many Hong Kong dollars they have reserved to sell. If even one dollar of the funds dumped by the other side is not caught, it will be an avalanche.
This is not just a financial war, but also a war of confidence. If locals in Hong Kong start selling, the pressure on the financial system will be enormous.
After lunch, Lu Feng received the account for 20 billion US dollars in the afternoon and instructed him to follow orders. This is 20 billion, not 200 yuan!
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