This night was agonizing for Lu Feng. He couldn't sleep, and he couldn't work. He could only sit in the living room smoking one cigarette after another, occasionally flipping through some documents.
I didn't eat breakfast until after six in the morning before going to sleep.
At 3 p.m., Lu Feng woke up and answered a few phone calls before heading to the exchange. Today was different from the past two weeks; the trading volume would be enormous, and with so much capital tied up here, the leaders dared not let their guard down.
It's safe to say that today's gathering of leaders was the most complete ever. The meeting started around noon to ensure that all tasks were in order. To boost morale, they even put up a banner with the slogan "Defend Hong Kong, Fight to the bitter end."
The atmosphere at the scene was quite serious, with everyone wearing a stern expression.
Upon arrival, Lu Feng immediately convened a meeting to analyze various possible scenarios and prepare contingency plans. After more than three hours of discussion, he came up with three alternative plans. If everything goes smoothly and develops according to Lu Feng's plan, that would be the best outcome. However, if there is a situation where too much short selling capital is involved and the market cannot absorb it, that would be a different story.
The funds that Lu Feng borrowed through bridge loans must be protected. Once these funds are used up, Lu Feng will be the first to go bankrupt, and the country will be the second to be burdened with debt.
The contingency plan's solution is to unplug the network cable; in a situation like this, there's no time to worry about anything else.
He explained everything from various trading strategies and avoiding trading traps to assessing the counterparty's funds. At 6 p.m., the group had dinner together, and afterwards, Lu Feng was interviewed by a television station.
Facing the camera, Lu Feng appeared to be in excellent condition. He told reporters that tonight would be the night to completely crush Wall Street, as they were already at their wits' end, while they still had a huge amount of funds. He also warned speculators who were taking advantage of the situation to short the Hong Kong dollar not to blindly short it, as they were likely to be liquidated tonight.
At 7 p.m., Lu Feng entered the trading room. All fifteen traders were in place. Looking at the trading data from last Friday on the big screen, Lu Feng addressed the group, saying, "For today's opening, there's no specific strategy. Just remember one thing: don't let them have even the slightest bit of wishful thinking. Don't let them go all in and try to profit from the situation. We need to create an absolutely bullish atmosphere!"
"We have plenty of funds, so don't be afraid when trading. If they dare to come up, we dare to take them down. Our overall approach can be summed up in one word: aggressive! As aggressive as we can be, so aggressive that they won't believe it!"
The traders were in high spirits; it was clear they were all eager to get some relief tonight. Lu Feng addressed the crowd, "Come on! Shout a slogan! Defend the Hong Kong dollar! Drive out the tiger and devour the wolf!"
"Defend the Hong Kong dollar! Drive out the tiger and devour the wolf!!"
At the Goldman Sachs trading center in New York, everyone arrived around 6 a.m. for a pre-market meeting to develop trading strategies and contingency plans.
They believe that Lu Feng has been bluffing all this time. Through their various investigations over the past two days, they believe that Lu Feng only has more than 20 billion yuan at his disposal. In the past two days, they have raised nearly one billion US dollars in principal, which can leverage tens of billions of Hong Kong dollars.
With a value of HK$30 billion, they have enough confidence to focus on a head-on confrontation tonight!
Before the market opened, Robertson and Soros each addressed the traders, stirring up everyone's emotions.
"We have nothing to fear. The most powerful thing in this world is money. When we have unparalleled funds, there is no country in the world that we cannot conquer. Tonight we will do something great. We will make history!"
"We have an absolute advantage, and tonight, we will utterly crush the Hong Kong dollar!!"
The traders on site were in high spirits; they would transform into ravenous wolves in the market and tear all the bulls to shreds.
At 8:30 PM in Hong Kong, currency trading officially began. Lu Feng, staring at the market index, ordered, "Stop holding onto nine dollars! Charge straight for eight dollars! Buy as much as you can, crush them!"
The buying pressure was instantly secured; the five billion US dollars in buying left many small short sellers with nothing to do but watch. With such momentum right from the opening bell, no one was afraid.
At the Goldman Sachs trading center, Robertson shouted, "Suppress it! This arrogance must be suppressed! Smash all five billion!"
The sound of buttons clicking on the trading floor was like the rapid clicking of bullets being loaded into a chamber. The trading data of the market seemed to be on high speed, with transactions happening at breakneck speed, and the soaring K-line on the market was quickly suppressed.
"To dare to close a deal at eight dollars is simply courting death!" Soros said in a deep voice.
When Lu Feng saw that the other party was also so firm, his heart suddenly skipped a beat. But he couldn't show any weakness at this time, otherwise the traders would lack confidence, and the leaders outside would also be afraid.
At this moment, the leader sitting outside the glass window felt his heart racing and his blood pressure rising. Fifty billion yuan had vanished in just a few minutes after the market opened.
Lu Feng said he wanted to launch a high-profile attack, but the other side was equally determined!
"Pull!" Lu Feng said angrily, "The amount above is only 3 billion, let's take another 3 billion!"
The exchange was quiet, except for the sound of keyboards. Lu Feng could even hear the tense breathing of the traders around him. Everyone was staring intently at the screen, and every trade needed to be timely and accurate to avoid being chased at a high price after someone canceled their order.
Within ten minutes of opening, trading volume reached US$8 billion, breaking historical records. The Hong Kong dollar was pushed up to HK$8, and a new candlestick pattern appeared on the intraday chart, indicating a continued upward trend.
Inside the Goldman Sachs exchange, Robertson and Soros were also somewhat unsure about Lu Feng's toughness. They didn't know why Lu Feng was so aggressive; it was like someone charging at you like a madman, and your instinct would be to try to avoid them.
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