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Chapter 515: Turning the Tide and Propping Up the Collapsing Building!

~11 min read 2,122 words

"In other words, the United States is providing these capitalists with silver bullets?" Huo Yingnan's expression immediately turned ugly.

Chen Jiajun nodded: "That is why they have such abundant capital, abundant enough that even a country cannot contend with them. This is also the reason I went to the motherland to seek help."

Hearing Chen Jiajun's words, everyone fell silent at once.

A moment later, only Bao Yugang said to Chen Jiajun: "A Jun... can we win?"

They were all businessmen, and very formidable businessmen at that.

Hearing Chen Jiajun's words, they knew just how formidable these international speculators were; they were formidable to the point of despair.

Ordinary people were simply not enough to stop them in their tracks as they harvested the entirety of Asia.

Chen Jiajun said to everyone with a serious expression: "Seniors, do you trust me?"

"Hm? What kind of talk is that!" Huo Yingnan said with dissatisfaction.

If they didn't trust Chen Jiajun, would they have been able to hand the chairmanship of the Chinese Chamber of Commerce over to him? Chen Jiajun took a deep breath and said to everyone: "Trust me, we are guaranteed to win!"

"Good!" Huo Yingnan was the first to speak: "As long as you can win, I have prepared ten billion US dollars on my end, and I will send it to you immediately!"

Bao Yugang and Lin Zeming did not hesitate either, quickly saying: "Same here!"

"Good, since everyone trusts me!" Chen Jiajun slapped the table and stood up, saying directly: "I will personally have a good fight with that old bastard Soros!"

With these big bosses supporting him, the next steps would be very simple.

The merchants of the Chinese Chamber of Commerce would contribute money if they had money, and effort if they had effort.

However, Chen Jiajun did not intend to have them wire the funds to him; instead, he planned to blossom on multiple fronts.

He needed to create a bandwagon effect; he had to bring in not only the Chinese Capital Merchants but also the Local Faction and the tycoons of the England Gweilo faction.

This was not his own affair, but an affair for the entirety of Hong Kong.

If Hong Kong also suffered a severe impact, then every single one of them—no exceptions—could forget about running away!

This time, Chen Jiajun was prepared to take the entirety of Hong Kong along to make money!...

The next day, Chen Jiajun arrived at Wubao Securities, travel-worn and weary.

Seeing that Chen Jiajun had returned from the motherland, Luo Minsheng knew that this was the rhythm of preparing for war.

"Boss, you're finally back!" Luo Minsheng stood up quickly.

Chen Jiajun waved his hand, signaling for everyone to sit down and talk: "Sit, everyone. How are things going?"

"We have been acquiring US dollars from the international market, but the results haven't been very good!" Luo Minsheng shook his head and said: "The whole of Asia is acquiring them right now; it's a case of having a price but no market."

"Heh, I guessed as much; it wouldn't be that simple." Chen Jiajun sneered: "How much do we have on hand now?"

"Including the previous thirty billion, we have about fifty billion on hand now," Zhuo Yu said to Chen Jiajun.

Chen Jiajun calculated the time: "I see. We should be able to hold out! By the way, Nianzu, split off a group of people for me to keep an eye on the market in the Soviet Union."

"The Soviet Union?" Sima Nianzu was stunned for a moment: "Why, Boss?"

Chen Jiajun waved his hand and said: "You don't need to worry about that; just keep an eye on the situation in the Soviet Union and report to me at any time."

Sima Nianzu nodded and said: "Understood, I will take people to do it immediately!"

Chen Jiajun said to Luo Minsheng: "This time, we are going directly to the Hong Kong Stock Exchange! I want everyone in Hong Kong to see!"

"Ah?" Luo Minsheng was stunned for a moment.

In his understanding, Chen Jiajun had never been a high-profile person.

Being so high-profile this time, he likely had some plan in mind.

So after a moment of hesitation, Luo Minsheng nodded and said: "I understand, Boss. I will have people prepare immediately!"

Sure enough, just as Chen Jiajun had expected, Soros came straight for Hong Kong.

He started with his old routine, the three-axe approach.

First, he frantically shorted the Hong Kong Dollar in the foreign exchange market, forcing the Hong Kong government to raise interest rates.

Once interest rates were raised, it would inevitably fall into Soros's treacherous trap, leading to a sharp drop in the Hang Seng Index of the Hong Kong stock market.

At that point, they would directly short the Hong Kong stock market to achieve the goal of eating from both ends.

The scale of the first round of selling was not very large; both sides were in the midst of probing each other.

The Hong Kong government side had no movement for the time being, as if nothing had happened at all.

Chen Jiajun also held back the people around him, making no moves whatsoever.

But the unlucky ones were the other Hong Kong merchants.

Not to mention those small companies, even the stock price of Titan Group was affected by the fluctuations.

Everyone in Hong Kong was in a state of panic, fearing that what happened in other countries would happen again in Hong Kong.

So they dumped all the stocks in their hands, which led to the Hang Seng Index falling again and again.

When Soros made his second round of selling, the Hong Kong Monetary Authority took action.

The Hong Kong Monetary Authority was no pushover; they began to tighten the money supply, forcing the market circulation rate of the Hong Kong Dollar to drop.

Because tightening the money supply meant Soros could not borrow enough Hong Kong Dollars in Hong Kong to sell off, the Hong Kong stock market began to rebound on a large scale after a brief decline.

However, since this old guy dared to come, he naturally would not fight a battle without preparation!

Soros, that old bastard, had used the same tactics to collapse multiple countries.

He certainly knew that Hong Kong would have countermeasures. However, the Hong Kong Monetary Authority's approach played right into the old bastard's hands.

He had anticipated that Hong Kong would definitely tighten the money supply, and the consequence of doing so would be a shortage of Hong Kong Dollars.

Banks would then raise interest rates to attract deposits from citizens.

And when citizens saw that bank interest rates were high, they would withdraw their money from the stock market one after another and deposit it into the bank.

Doing this caused the Hong Kong stock market to fall again.

"Damn his mother! The stock market going up and down these past few days is about to scare me into a heart attack."

By a roadside rice noodle roll stall, two middle-aged men were chatting about recent events.

"You still haven't pulled your money out of the stock market! I heard the banks have raised interest rates again!" the other man laughed smugly. "How safe it is to keep it in the bank! Who doesn't know that Soros intends to mess with Hong Kong?"

The man wearing glasses said speechlessly, "You think I don't want to! The one at my house won't let me, no matter what!"

"You'll know when you lose money!" the man holding a newspaper laughed smugly.

Chen Jiajun, who was eating nearby, shook his head and thought to himself, "Both of these people are thinking too simply. This is Soros's strategy of exhausting the enemy!"

Chen Jiajun's vision was clearly not something two ordinary citizens could compare to.

He could tell that Soros was not so easily frightened by a single move from the Hong Kong Monetary Authority.

He estimated that his next step would be to take action against Hong Kong's stock market, property market, and futures market.

Attacking on both sides would leave the Hong Kong Monetary Authority exhausted and struggling to cope.

After Chen Jiajun arrived at Wubao Securities, the analysts' thoughts were exactly the same as Chen Jiajun's.

Therefore, their complexions were not very good.

Soros wanted to drain the entire Hong Kong dry, just as he had done to the South Korea market.

Once he succeeded, it was estimated that Hong Kong would not be able to recover its vitality for over a decade.

It had been nearly half a year since Soros started his moves, and during this time, Chen Jiajun had been leading his subordinates to analyze and dissect Soros's tactics; the Hong Kong Monetary Authority was clearly doing the same.

Unfortunately, they had not found a suitable countermeasure; to defeat Soros, they could only use brute force to break his clever schemes.

Chen Jiajun sighed and said, "It seems we have no other choice."

With the matter upon them, no one in all of Hong Kong had a pleasant look on their face.

Moreover, Chen Jiajun discovered that quite a few guys with England capital were actually following the trend and selling off the Hong Kong Dollar.

If things continued like this, more and more people would do this, and by then...

Chen Jiajun shook his head, took a deep breath, and said to Luo Minsheng, "It's about time, A-Sheng, make calls to notify the few Big Bosses; it's time for us to enter the arena."

Luo Minsheng nodded and said, "Understood, Boss!"

Le Zai was a reporter for a financial newspaper who had been guarding outside the Hong Kong Stock Exchange for these past few days.

What they needed to do was wait for Soros to make another move, and then the reporters would record the detailed process and publish it in the newspaper.

Reporters were also Hong Kong citizens and were very concerned about the development of the situation.

However, most people held a pessimistic attitude; after all, these capital sharks like Soros had already brought down several countries.

Hong Kong... it was estimated that it would be hard to escape the poisonous hand.

Just as Le Zai was chatting idly with his peers, one of them suddenly exclaimed, "Wait, look, this car is so familiar!"

"This is Chen Jiajun's car, there's a big scoop!" another person immediately recognized Chen Jiajun's vehicle and shouted loudly.

"Not just that, it seems there's also Huo Yingnan, Bao Yugang, Lin..."

Le Zai didn't waste words and started sprinting directly toward the direction of the motorcade.

Sure enough, after the car doors opened, the top-tier tycoons among the Hong Kong Chinese Capital Merchants all stepped out of the cars.

And looking at the stance, it seemed that Chen Jiajun was the leader?

Thinking of this, everyone crowded around and started questioning Chen Jiajun: "Mr. Chen, may I ask if you have come here this time intending to short the Hong Kong Dollar?"

"By doing this, isn't it inconsistent with your status?"

"Mr. Chen, don't you pride yourselves on being patriotic merchants? Isn't doing this an act of treason?"

Hong Kong reporters were relatively crazy, and even the more formal financial reporters were no exception.

It was just that compared to those paparazzi, their bottom line was a little higher.

Facing the other party's sharp questioning, Chen Jiajun just smiled and didn't speak, instead walking directly toward the Hong Kong Stock Exchange.

At this moment, someone among the group of reporters muttered, "This Chen Jiajun is worthy of having started out in the secret society business! To actually follow Soros's trend and intend to short the Hong Kong Dollar at a time like this?"

"For people like them, what wouldn't they do?" another reporter sneered.

"Shut up!" another older reporter scolded, "Do you not want your lives anymore! Who is Chen Jiajun? Do you believe he could send people to burn down your newspaper office?"

Hearing the old reporter's words, everyone immediately shut their mouths.

However, someone still said unhappily, "Seeing them all acting so sanctimonious, their public image is bound to collapse this time!"

After walking to the entrance of the Hong Kong Stock Exchange, Chen Jiajun stood still and said calmly to the reporters, "It seems you media friends are very concerned about what we people are here for?"

A crowd of reporters held their microphones high and nodded at the same time.

Chen Jiajun smiled slightly, looked at the people beside him, and said, "It's very simple, one sentence! To turn the tide when it has already collapsed, and to prop up the building that is about to fall!" (End of chapter)

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