Chapter 1258 Staring at each other



The person on the other end of the phone hesitated for a moment, then said earnestly, "Borrow!"

After hanging up the phone, Lu Feng wondered if he should call Sean, but then he thought that Sean was European after all, and that the man was only interested in profit and could not be trusted, so he decided against it.

As various funds gradually arrived, Lu Feng counted the US dollars in the account. He had raised about 19 billion, which, together with the original 23 billion, amounted to more than 42 billion, which was definitely enough!

However, due to the transfer process, not all the money will arrive today, so we have to stop it tonight.

The media has already begun to build momentum, with evening newspapers putting Lu Feng on the front page. Some tabloids even exaggerated, claiming that the decisive battle for the Hong Kong dollar is about to begin, and the outcome will soon be decided.

The entire story has a martial arts feel to it, as if finance has become a graceful duel, where killing an opponent only requires a single sword strike to the throat.

At 7 p.m., Lu Feng arrived at the exchange on time and held a pre-market meeting to briefly explain the situation. He said that he currently only had 26 billion yuan on hand, including 1.2 billion US dollars of his personal assets.

Lu Feng didn't know how much money Wall Street had raised, but if the other side launched an attack tonight, the 26 billion would be a bit too much. So he needed to stall until Friday. After tonight, there would be two days left, and it wouldn't be too late to fight next Monday.

The question is, how can we deter them from taking action?

As the market opened, the two sides interacted lukewarmly, teetering on the sidelines around the nine-yuan mark.

On Wall Street, a group of people stared at the market. This terrible market was driving them crazy. Robertson frowned and said, "Shall we give it a try?"

"Better safe than sorry!" Soros warned. "Don't use too much capital. Let's try selling 30 billion Hong Kong dollars first!"

As sell orders appeared, the Hong Kong dollar did not put up much resistance; instead, it began to retreat. Lu Feng immediately instructed traders to cancel the orders and then began to defend the ten-dollar level.

"They withdrew?" Everyone inside the Goldman Sachs exchange was somewhat surprised.

Why is it a cancellation?

"Logically, he should be making a transaction from one hand to the other. Doesn't canceling the order mean he's afraid of being taken advantage of?" A manager next to him analyzed, "He's out of money!"

Out of money?

This is unlikely. First of all, Lu Feng should still have 20 billion yuan in funds at his disposal. It shouldn't be like this. He's too lazy to even transfer money between his own hands now.

Robertson stared at the chart for a long time before saying in a deep voice, "Strong is weak, and weak is strong!"

These words resonated with many people. The more Lu Feng acted this way, the more they felt there was a huge trap ahead. If Lu Feng acted fiercely now, throwing things out and swallowing them whole, that would definitely be a case of bluster on the surface but weakness underneath.

"Don't sell yet, let it trade sideways and see what it's up to!"

The market entered a period of strange fluctuations, with trading volume plummeting and fluctuations barely reaching a cent or two. The trading volume in the middle was in the millions, with tens of billions of Hong Kong dollars hovering above and billions of US dollars hovering below. Everyone was just staring at each other in disarray.

Compared to the exhaustion of the past few days, the traders seemed idle today. The trader closest to Lu Feng asked, "Team Leader Lu, why doesn't he dare to sell?"

"He's afraid of being eaten!" Lu Feng said with a smile, looking at the plate.

“Since he’s afraid of us, why doesn’t he attack?” he asked again.

"Because they can't afford to lose, and neither can we. We've pretty much figured out everyone's cards." Lu Feng gave everyone an analogy, saying, "If you were fighting someone your own strength, wouldn't you be very cautious? But if before the fight even starts, and the other person suddenly takes their pants off, would you still dare to go up to them?"

Everyone nodded, but they didn't seem to understand.

After more than half an hour, with neither side making a move, Lu Feng instructed the trader: "Pull back further, place the funds at 10.09, and defend at 11!"

As Lu Feng retreated again, people at Goldman Sachs Exchange began to get excited. If they could increase the trading volume at this level, they could recoup some of the Hong Kong dollars they had previously sold.

The problem is that Hong Kong currently holds the most Hong Kong dollars in the market, and they are unlikely to sell Hong Kong dollars at this point!

Before we knew it, the morning session had ended. Both sides had been staring at each other all morning without doing anything!

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