Prev
Ch. 514 / 65479%
Next

Chapter 514: Countering the Capital Sharks

~8 min read 1,449 words

After leaving the conference room, Li Yaohua made a phone call to Chen Jiajun.

"Yes, Big Boss, Suharto definitely can't afford to drag this out!" Li Yaohua recounted the previous events and also laid out the pros and cons analyzed by his think tank.

After listening, Chen Jiajun was silent for a moment before saying, "You did very well; don't forget our ultimate goal!"

Li Yaohua rubbed his brow and said, "This matter is probably not easy to negotiate. Such a large territory—if Suharto really hands it over, I reckon he won't be able to answer to his own citizens! I suspect that if we push too hard, it's easy to end up in a situation where both sides perish together!"

Chen Jiajun chuckled and reminded Li Yaohua, "What do you think is Indonesia's biggest problem right now?"

"Uh... economic problems?" Li Yaohua asked tentatively.

"That's right, it's economic problems!" Chen Jiajun snapped his fingers and said, "If the economic problems aren't resolved, Suharto and his Su Family will all die! So, just talk to Suharto the same way you talked to Malaysia! However, this matter probably won't be handled in the open, so you'll likely need to use some other methods!"

Li Yaohua understood immediately and said with a smile, "I understand. Although everyone knows that bastard Suharto is shameless, he still needs to save some face in public!"

Chen Jiajun nodded and said, "Territorial issues are never small matters; you must handle the affairs within this carefully! Also, although Brunei has been less affected by the financial crisis, it will certainly be a significant blow to their import and export trade. You must pay close attention to this point!"

"I understand!" Li Yaohua nodded and said.

Through Chen Jiajun's previous pointers, Li Yaohua had already made response measures.

At the very least, getting through this period should not be a major problem.

"Alright, I have another meeting to attend, you go ahead and get busy!" Chen Jiajun said to Li Yaohua and hung up the phone directly.

This time, when Chen Jiajun returned to his hometown, he met with the governor of the Central Bank, and soon Chen Jiajun reached an agreement with the Central Bank.

As long as Soros dared to bring international speculators and capital sharks to Hong Kong, Chen Jiajun would definitely give them a head-on blow.

The hometown side would also "appropriately" provide a certain amount of foreign exchange assistance.

This kind of win-win matter was quickly settled, and Chen Jiajun returned to Hong Kong after staying in his hometown for a week.

The trend of the financial crisis had already formed, and this was something no one could change.

During this period, the entire Asia could be considered to have had terrible luck.

Especially South Korea, that "great filial son," was the most miserable, because Soros had already taken action against them.

South Korea's total foreign exchange reserves were only 30 billion USD.

But the debt alone reached 110 billion USD, and two-thirds of this debt consisted of short-term loans that had to be repaid immediately.

And what Soros bought this time was not South Korea's foreign exchange, but the stocks of some companies.

The operation was the same as before; one could say it was a single trick that worked for everything.

But the consequence of this was that the stock prices of South Korean companies plummeted crazily; sixteen out of thirty large conglomerates were directly liquidated, and fifteen out of thirty-three banks went bankrupt on the spot.

Not only did a large number of South Koreans begin to lose their jobs, but the suicide rate also soared crazily.

And all these things happened within a week.

With Thailand, the Philippines, Indonesia, South Korea, and others as examples, the atmosphere in Hong Kong also became terrible.

Many wealthy people began to transfer their assets, and the property market was also squeezed dry of its moisture.

It was a scene of being ready to abandon ship and flee at any moment.

At this time, Chen Jiajun was in a meeting with the Hong Kong Monetary Authority, the Securities and Futures Commission, and high-level government officials.

After the handover, Hong Kong established the Three Secretaries and Thirteen Bureaus, and the high-level government officials were all replaced by their own people.

That was why Chen Jiajun was willing to come over to discuss and deal with this incident together. "Mr. Chen, what is the intention of the hometown side?" the head of the Hong Kong Monetary Authority asked Chen Jiajun with a worried face.

They knew that Chen Jiajun had a very good relationship with the hometown side, and this trip to the hometown was specifically to seek aid.

Chen Jiajun did not waste words and said directly, "The hometown side said they will provide help when necessary."

"Ah?" The head of the Hong Kong Monetary Authority widened his eyes: "When necessary?"

Everyone present had served in various departments in Hong Kong, and upon hearing such words, their first thought was that it was a prevarication.

After all, that was how the England Gweilo did things.

Seeing the expressions on their faces, Chen Jiajun immediately knew what they were worried about and said with a smile, "Everyone, you seem to have forgotten that the hometown side is not England. If they say they will take action when necessary, then they will definitely take action!"

Hearing Chen Jiajun's explanation, everyone finally realized.

It was no longer those England Gweilo in charge, so naturally, they wouldn't be untrustworthy like before.

At the very least, during this period, the words from the hometown side must be credible.

So everyone let out a long sigh of relief.

Chen Jiajun continued, "Soros, this old guy, is ambitious and has almost squeezed South Korea dry. Then the next step—Taiwan, Hong Kong, and Japan are all within his attack range. For this situation, we must be prepared!"

Everyone nodded repeatedly; after all, the enemy was fierce, and if they didn't prepare early, the outcome would likely be worse than a pig's.

They had seen with their own eyes how Soros, this old guy, had dismembered, crushed, and finally picked the bones and squeezed the marrow out of South Korea.

Chen Jiajun said to everyone, "I am not a government person, so it is inconvenient for me to participate too much in government affairs, but I can guarantee one thing to everyone: the Chinese Chamber of Commerce will intervene in this battle! And we must be able to win!"

Hearing Chen Jiajun's resonant words, the officials nodded hurriedly: "We have heard of Mr. Chen's capabilities. If Mr. Chen can take the lead in joining, our government side will have even more confidence."

The officials were not shooting at nothing; Chen Jiajun's formidable combat power and precise vision had been tested by the market.

And Chen Jiajun was not alone; standing behind him was the Chinese Chamber of Commerce.

Huo Yingnan had publicly stated more than once that the future leader of the Chinese Chamber of Commerce would be Chen Jiajun.

So Chen Jiajun could indeed represent the entire Chinese Chamber of Commerce.

After the meeting, Chen Jiajun went directly to the mansion of the Chinese Chamber of Commerce.

At this time, inside the mansion, almost all the Chinese Capital Merchants who could be counted as names had gathered together.

It was just that the expressions on everyone's faces were different, and in any case, they were not looking very good.

Seeing Chen Jiajun walk in, the merchants of the Chinese Chamber of Commerce stood up one after another to greet him.

Many of those present were merchants who had received favors from Chen Jiajun in the past, and they naturally held Chen Jiajun in high regard.

Chen Jiajun nodded to everyone and walked directly into the innermost room.

At this time, Huo Yingnan, Bao Yugang, Lin Mingze, and others were already waiting here.

Seeing Chen Jiajun enter, Bao Yugang immediately pulled Chen Jiajun to sit down and said, "A Jun, I heard you are preparing to go to your hometown to seek support this time?"

Chen Jiajun nodded and said with a serious expression, "That's right, there is definitely no hiding from this matter this time. Relying on Hong Kong alone is likely not enough to deal with that old fellow Soros, so I have made some preparations."

Huo Yingnan said quite unconvinced, "Is that old bastard Soros really that formidable?"

Chen Jiajun sighed and said, "It is not that he is formidable, but that the United States behind him is formidable. This old bastard, and those international speculators, all have the shadow of the United States behind them." (End of chapter)

◈

End of Chapter

Prev
Ch. 514 / 65479%
Next
Prev
Ch. 514 / 65479%
Next