Chapter 843: 834 Director Director Director Director Director Director Guan Zu is Speechless: Soros, You're Useless, This

In the early morning of Hong Kong,

"Massive Hong Kong Dollar Sell Orders Appear in US-UK Exchange Markets; Soros Fires the First Shot in the Battle to Sniper the Hong Kong Dollar."

Following reports from foreign media like the *South China Morning Post*, the news hit the calm surface of Hong Kong like a stone, instantly whipping up waves of turmoil.

The camera sweeps past a newsstand on a street corner; the newspapers are snapped up, and those who bought them stand by the roadside reading.

It sweeps past a crowded tea restaurant where the news of the Hong Kong dollar sell-off is playing on the television; diners put down their chopsticks, slam the tables, and curse the international speculators, their spittle flying onto the tabletops along with their rage.

In every street and alley, tea restaurant, and wet market, people are discussing the news in the papers.

"They're actually attacking Hong Kong."

Citizens who had been harboring wishful thinking are now completely enraged.

"Soros, I'll screw your mother!"

"After finishing with Southeast Asia, they come for us? Damn them all!"

"What are you afraid of? Screw them, we have Mr. Director Director Director Director Director Director Guan, are we still afraid of Soros?"

"Right, we have Mr. Director Director Director Director Director Director Guan!"

From the initial chaos, the citizens begin to calm down.

With Mr. Director Director Director Director Director Director Guan here, what is there to fear!

Meanwhile,

At the Stock Exchange, there are more investors coming to trade than usual.

Some trust Director Director Director Director Director Director Guan Zu, but others find it hard to bear and want to reduce their positions first.

As the stock market opens,

Some retail investors crowd in front of the trading desks, selling off their stocks one after another.

Landmark, Soros Fund Management.

"Falling right at the open, not bad~~~"

The team of Rodney Jones watches the stock market decline, each of them wearing a smile.

"Alright, partners~~~"

Rodney Jones claps his hands.

"Everyone, start acting according to the plan!"

Rodney Jones points to the split-screen data on the monitor, his voice filled with amusement.

"On the foreign exchange market side, continue to increase the sell-off of the Hong Kong dollar. Don't be afraid; dump the chips we hoarded earlier in batches. Maintain the consistency of the selling pressure so the market thinks the sell-off is endless, forcing the Hong Kong government to exhaust its foreign exchange reserves to absorb the orders."

"On the stock market side, keep an eye on HSBC, Standard Chartered, Zhaoji, Cheung Kong, New World, Hong Kong Dragon... these index constituent stocks. Dump a wave of large orders to create panic and lead retail investors to follow suit."

"Remember, don't dump everything at once. Do it in intervals; with every drop, make them feel like 'it hasn't hit the bottom yet'."

"The Hong Kong stock market is currently at 17,530 points. This time, our goal is to smash it below 14,000 points."

Then,

Rodney Jones turns to the futures market screen.

"Regarding index futures, take advantage of the stock market's downward momentum to continue adding short positions. Increase the open interest for the December contracts. At the same time, short the constituent stocks in the spot market. Link the two sides to make the index fall even harder—once the futures expire, we can close our positions at a lower point. The difference will be our profit."

"Alright, let's start... partners~~~~"

The team immediately gets busy, the sound of keyboard clacking as dense as rain.

Foreign exchange sell orders issued...

First batch of HSBC Holdings sell-off...

Short positions in futures increased...

Rodney Jones watches the numbers jumping on the screen, smiling on the surface, but still vigilant in his heart.

Director Director Director Director Director Director Guan Zu, oh Director Director Director Director Director Director Guan Zu...

Facing this situation, what will you do?

With the sell-off from the Soros fund,

In the stock market, blue-chip stocks like HSBC, Cheung Kong, Zhaoye, New World, Cheung Kong, and Hong Kong Dragon are under slight pressure in the morning session, falling about 1% in the first half hour, while the Hang Seng Index follows by dropping over 0.2%.

Some retail investors are offloading, but more are still watching from the sidelines.

Anyone who has played the stock market knows that cutting losses and leaving is painful.

Besides cutting losses, they can choose to add to their positions at the bottom to lower their average cost; others hold on tight, ignoring the chaos, waiting only for dividends, as long as the stock isn't delisted...

Although there is discussion in the trading hall, it hasn't reached the point of panic.

In the futures market, short interest is slowly increasing, adding over two thousand contracts in an hour. Bullish investors look at the floating losses in their accounts; some choose to reduce positions to stop losses, while others think about waiting a bit longer. Overall, it remains stable.

(PS: Hong Kong is a free economic zone, so the government will not stop futures and stock index brokers from selling short positions to Soros.)

On the forex side, the Hong Kong government has stepped in to absorb some sell orders, and the selling pressure in the market is not particularly massive.

There are sporadic citizens at the bank exchange windows to trade for US dollars, but the lines are not long, and most leave after asking about the rates.

At noon, the stock market takes a break.

Landmark,

Soros Fund Management.

A group of senior executives is currently tallying the "results" of the morning.

Rodney Jones taps his fingers on the table, his brow furrowed into a knot, staring at the index slowly sliding down on the screen, his tone somewhat...

"Why is it so hard to smash?"

The other team members also frown.

"Yeah, it's too strange."

"Places like Thailand and the Philippines were so easy."

"..."

"Look, the volume of small sell orders is less than half of what we expected, which means retail investors are tougher than we imagined."

"When we smashed the market in Thailand, the common people rushed to the banks overnight, and retail investors in the stock market ran faster than anyone. But here... they don't seem afraid at all?"

"There is only one possibility: these people in Hong Kong have confidence in the Hong Kong dollar and the market, so they won't panic-follow. The chips we dump can't form an avalanche effect at all."

Everyone is silent.

Each of them feels it's becoming tricky.

Rodney Jones is a bit irritable.

The team's analyst pushes up his glasses: "The chips in our hands are being depleted faster than planned, but the market hasn't reached the expected decline. If this continues, the interest on the borrowed funds alone will be a huge sum. If it drags on..."

"Our profits will shrink."

Rodney nods, but he composes himself and orders: "Hot money all over the world is watching Hong Kong right now; we have no way back. Increase the intensity. Sell another 500 million in the foreign exchange market, and in the stock market, keep an eye on those dozen index constituent stocks and smash them again... I don't believe they can hold out for long!"