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Chapter 876

~14 min read 2,741 words

After Rodney Jones received the call from Soros, he quickly went to find Luo Minsheng.

30 minutes later,

at the Central Club, the two met.

In the private room.

Luo Minsheng had arrived a bit earlier and was sitting on the sofa with a lit cigar between his fingertips. In the celadon teacup before him, the steam from the Biluochun tea had long since dissipated; it was clear he had been waiting for a long time, yet he showed not a hint of impatience.

"Mr. Luo, I apologize, I'm late!"

Rodney Jones walked in quickly; at this moment, he looked somewhat disheveled and unkempt.

"Mr. Jones, no need to rush. Tell me, what is it?"

Rodney Jones was racing against time and didn't bother to hide it, getting straight to the point: "Mr. Luo, our Soros Fund has lost this time. The boss has ordered me to close out our short positions in the Soros Fund as quickly as possible. But if we scramble for shares in the stock market, it might stimulate the stocks to rise rapidly."

"I was wondering if Mr. Luo could help us collect these stocks through the Landlord Club. Our boss, Mr. Soros, said he will remember this favor of yours."

"In the future, whatever resources you need on Wall Street, we will do our utmost to satisfy!"

Luo Minsheng just looked at him quietly, then slowly spat out two words:

"Cannot!"

Rodney was stunned for two seconds before he reacted: "Huh?"

Then he hurriedly said,

"Mr. Luo, please reconsider! This has no downsides for you! We are willing to pay a premium—5% or 10% higher than the current market price is fine, as long as we can get the shares together as quickly as possible!"

Luo Minsheng curled the corner of his mouth: "Sorry, let me tell you a secret... actually, I am a person of the Five Star Group."

Rodney Jones: "Huh?"

Luo Minsheng leaned forward, his voice carrying a hint of mockery: "Actually... the first time we met after you arrived in Hong Kong, it was all arranged by Mr. Guan."

Rodney was so shocked that he subconsciously took a step back, his lower back hitting the chair behind him, making a "clatter" sound.

"You... are you joking?"

He stared at Luo Minsheng, his eyes full of disbelief—the person before him was clearly the leader of Hong Kong's "Landlord Club," a "Western faction" member who had previously helped them build bridges; how could he be a person of the Five Star Group?

"Joking? No, I'm not joking!"

"Actually, everything you see is fake. The public opinion I gave you about the 'Hong Kong stock bubble being large,' and then helping you find a few local bosses willing to follow the short positions... all of this was arranged by Mr. Guan for me to do."

"You... you guys..." Rodney's voice began to tremble, "Since when..."

"Since when? A year ago, I suppose..." Luo Minsheng stubbed out his cigar, the ash falling into the crystal ashtray: "Mr. Guan had long predicted that international hot money would target Hong Kong, and from that time on, he began laying the groundwork. And you, Mr. Jones, from the first day you stepped into Hong Kong, you walked into this trap."

"No... impossible... a year ago... you guys actually, as early as a year ago, you..."

Rodney muttered to himself, his strength seemingly drained away in an instant.

Luo Minsheng looked at Rodney Jones mockingly: "Mr. Jones, now you should understand that from the very beginning, you never had a chance of winning."

After saying this,

Luo Minsheng left the private room, click~~ the door closed.

Rodney was left alone in the room, his mind constantly recalling his experiences over the past year.

The neon lights outside the window were still brilliant, but he felt everything before him was pitch black, his whole body ice-cold.

A chess game laid out for a year.

This Five Star Group, they really hide deep!

He picked up the phone and dialed the international satellite phone to his boss.

"Boss, over here... it seems we have been caught in a trap all along..."

He reported the situation.

Over in New York,

Soros stood before the floor-to-ceiling window on the top floor; there were already over a dozen cigarette butts on the floor.

I, actually got set up?

Hong Kong.

16:00.

The stock market officially closed.

The afternoon sun spilled onto the surface of Victoria Harbour, the shimmering waves reflecting the surging crowd in front of the Stock Exchange building.

The red numbers on the electronic screen finally settled—the Hang Seng Index at 13,818 points, a single-day gain of 26.9%.

Combined with yesterday's gains, the cumulative total exceeded 36%.

Inside the Stock Exchange hall,

countless people cheered!

"Hong Kong must win!"

"Hong Kong must win!"

A surge of hot blood was boiling.

In the crowd, Grandma Chen looked at the money in her securities account, smiling until wrinkles piled up at the corners of her eyes; she had earned over 5,000 Hong Kong dollars in one go.

Not far away, a renovation worker laughed out loud; he had earned over 7,000 Hong Kong dollars.

Every single investor had made money and was full of joy.

The entire Hong Kong was like it was during the Lunar New Year, with cheers everywhere.

Central Plaza,

top floor, Director Director Director Guan Zu Zu's office.

Fang Zhanbo: "Brother Zu, those international hot money investors are constantly buying stocks."

"And in the foreign exchange market, there hasn't been a single order to sell off Hong Kong dollars; for 3 hours, it has been very quiet."

"Clearly, these hot money investors have admitted defeat!"

Director Director Director Guan Zu Zu stood before the floor-to-ceiling window, looking at the bustling traffic below.

"Their positions were around 10,000 points, now it's over 13,000, a 30% rise..."

"If they want to scramble to buy enough stocks for settlement, the cost price will definitely exceed 40%."

"Heh~~~"

Director Director Director Guan Zu Zu gave a cold laugh.

Due to the surging buying pressure in the market, their purchasing behavior would further drive up stock prices, forming a vicious cycle of "loss-scrambling-even more loss."

However, they had no way to delay.

For every hour they delayed closing their positions, the index could rise by 500 points, adding 5 billion Hong Kong dollars in losses.

The more they wanted to close positions in batches, the more it would stimulate bullish sentiment in the market, forming a continuously reinforcing upward cycle.

It is worth mentioning that: under futures rules, even if a position is liquidated, one still needs to pay for the losses exceeding the margin after liquidation, so the losses from liquidation might be even greater than normal scrambling to close positions.

This group of people under Soros, this time, the amount they lost is definitely not just 40 billion Hong Kong dollars; it could be 50 billion! 60 billion!

Fang Zhanbo: "Brother Zu, the Financial Secretary wants to invite you to attend the Financial Secretary's press conference."

Director Director Director Guan Zu Zu shook his head: "Not going, they can handle it themselves."

Fang Zhanbo: "Alright!"

18:00,

the Financial Secretary held a press conference at the Government Building.

This time,

in addition to over 70 news media outlets from Hong Kong, over 60 media outlets from around the world came, covering most major media from Japan, South Korea, Southeast Asia, the United States, and Europe.

These media outlets had all flown to Hong Kong yesterday when Soros and international hot money launched their total attack on Hong Kong's financial market, intending to watch the tragic state of Hong Kong's financial storm.

As a result, upon getting off the plane, they didn't see the tragic state of Hong Kong.

Instead, they saw international hot money getting beaten black and blue by Hong Kong.

International media: "............"

Their expressions were like this, as shown in the image below:

You've got to be kidding me?

This group of international hot money investors had brought down Southeast Asia, sucked a wave of blood, and finally concentrated on Hong Kong to smash the Hong Kong market together.

They were aggressive and came with great momentum!

How did they get beaten to a pulp by Hong Kong after only 2 days of total attack?

Is this Hong Kong too crazy?

Or is this world too crazy?

18:10,

tap tap tap~~~~

Everyone's eyes were focused on the entrance to the podium.

The noisy press conference scene suddenly went quiet.

Financial Secretary Tsang Sir walked out wearing a dark suit, his face carrying an unmistakable smile.

We won, hahaha~~~~

Let me laugh with hands on hips for a while!

He walked to the podium, looking serious and solemn... then curled his mouth!

"Friends in the media, fellow citizens of Hong Kong..."

"Today I stand here to announce an inspiring piece of news to everyone—our battle to defend Hong Kong's financial market has already ushered in the dawn of victory!"

"First, I want to tell all citizens of Hong Kong that after two days of hard fighting, international hot money has officially abandoned its action to smash the Hong Kong foreign exchange market. In the past 3 hours, there hasn't been a single large-scale order to sell off Hong Kong dollars in the foreign exchange market... this likely means they have abandoned their conspiracy to disrupt our exchange rate system!"

"Secondly, as international hot money stops shorting, a large amount of US dollars is flowing back into Hong Kong to be exchanged for Hong Kong dollars."

"As of 17:00 today, our foreign exchange reserves have rebounded by 10 billion US dollars. These returning funds have not only stabilized our financial system but also prove the rout of international hot money!"

"Thirdly, according to our monitoring, international hot money represented by the Soros Fund is actively collecting shares in the market, striving to close positions and leave Hong Kong as quickly as possible."

"Clap clap clap~~~"

"Good!"

"Too good!"

Hearing this, all the Hong Kong reporters at the scene applauded and cheered.

This basically confirmed that Hong Kong had won!

Think about the failures in Southeast Asia and South Korea, and now this is the first time international hot money has been counter-killed!

"More importantly, tomorrow, funds from over a dozen central enterprises from the East will officially join the Hong Kong stock market to fight side-by-side with us!"

Tsang Sir's voice became a bit more impassioned,

"What these central enterprises bring is not just funds, but the firm support of the mainland for Hong Kong! From beginning to end, Hong Kong has never been fighting alone!"

Many reporters were blown away.

The national team has entered the field?

Don't look at the fact that the East is still poor now, but its scale is too large; every single central enterprise has a huge amount of funds.

And those international media outlets had faces turned green.

Hong Kong stocks were already high enough, and now, the East's national team has come to get involved.

International hot money is really going to die.

Soon,

the statement ended.

Reaching the interview session,

local reporters asked excitedly: "Tsang Sir, does this mean the financial defense battle has been completely won?"

Tsang Sir answered with a smile: "The dawn of victory has arrived; next, we will continue to hold our ground until the very last bit of risk is eliminated."

At this moment,

his heart was filled with heroic spirit.

This wave, not only did the Five Star Group and the citizens make a fortune, but the government itself made a fortune.

Moreover, after this battle, the names of the Financial Secretary and Tsang Sir have seen their prestige skyrocket, and their positions are completely secure; no one can shake their status.

Ren Sir: Me too!

Tonight, I'll probably laugh myself awake in my dreams.

Thanks to the international hot money buddies for the super big rocket~~~

Buddies 666~~~

Soros, sending you hearts!

Approaching 19:00,

all citizens of Hong Kong, in thousands of households, turned on their televisions, waiting for today's news.

How is the stock market?

How is the foreign exchange market?

Heard the Financial Secretary held a press conference; what news was actually released?

Soon,

19:00 arrived.

ATV and TVB evening news aired on time.

All citizens of Hong Kong put down what they were doing and began to look at the television.

"Good evening, fellow citizens..."

"This morning, Mr. Director Director Director Guan Zu Zu convened... launched the Hong Kong financial defense battle, calling on all citizens of Hong Kong..."

"Responding to Mr. Guan's call, all citizens of Hong Kong mobilized... as soon as the stock market opened, the Hang Seng Index opened 2% higher..."

"Finally, at 16:00 in the afternoon, the Hang Seng Index reached 13,818 points, a single-day gain of 26.9%, hitting a historical high..."

"At 18:00, the Financial Secretary held a press conference, announcing that international hot money has abandoned its sniping of the foreign exchange market, and at the same time, over 100 billion Hong Kong dollars have been invested in the Hong Kong stock market, vigorously collecting shares, preparing to close positions and flee Hong Kong..."

"This indicates that the Hong Kong defense battle is about to usher in victory!"

"This is a victory that belongs to our Hong Kong, a victory that belongs to the people of Hong Kong, and a witness to the Hong Kong spirit!"

Following the television broadcast, a heavy stone fell from the hearts of all Hong Kong citizens.

International hot money, ran away!

We, won!

"Hahaha~~~~"

In every street and alley of Hong Kong, in thousands of households, cheers and loud laughter could be heard everywhere.

Finally, ATV and TVB also reported an 'expert' suggestion:

"Fellow citizens and neighbors, although international hot money is running now, it hasn't run away completely!"

"According to the latest data statistics from the Financial Department, international hot money still has about 60 billion Hong Kong dollars in short positions that haven't been closed, with a position-building cost of around 10,000 points; now the index is at 13,800 points, and for every 100 points it rises, their losses will increase by 3 billion Hong Kong dollars!"

"So next, what we need to do is not stop, but press our advantage!"

"That's right! I suggest all citizens of Hong Kong continue to rationally buy high-quality constituent stocks. The more we buy, the higher the cost for international hot money to scramble for stocks when closing positions. Let's make them spit out the black-hearted money they earned in Southeast Asia, with interest!"

"No... it should be letting them lose their very underwear!"

"And everyone doesn't need to worry about risks; now the East's central enterprise funds will enter the market tomorrow, the Hong Kong government's foreign exchange reserves are sufficient, and market liquidity is fully guaranteed. We must let international hot money remember that Hong Kong is not a place they can come to whenever they want and leave whenever they want!"

"Want to leave? Leave your underwear behind for me!"

Following the 'naughty' guidance from the expert,

all citizens of Hong Kong burst out laughing.

"Good!"

"Continue buying tomorrow!"

"Charge and kill them!"

"Let them lose until they don't even have underwear to wear!"

"Hahaha~~~"

A new day,

Friday, the last day of the stock market this week.

In the past 12 hours, in the London foreign exchange market and the New York foreign exchange market, there hasn't been any movement of Hong Kong dollar smashing, which shows that those international hot money investors have truly given up.

9:00, the Hong Kong stock market opened again.

Large numbers of Hong Kong citizens took leave and crowded into the Stock Exchange again... as well as various securities companies...

Additionally, the national team has arrived.

China State Shipbuilding Corporation, Huaneng Group, China Post Group, PetroChina, Norinco... charged into Hong Kong stocks with large amounts of funds.

International hot money investors felt their livers trembling.

Damn it, the people of the East don't talk about martial arts!

9:00-9:30, pre-market bidding at 14,200 points! Opened 3.62% higher!

Then the national team's entrusted orders were smashed in in batches, the index soared directly to 14,500 points, a gain of 5.07%! The cheers in the trading hall almost blew the roof off; there was madness everywhere!

9:45 broke 15,000 points,

10:30 rushed to 15,500 points,

12:00 closed at 16,000 points, up 15.94%!

Emotions were ignited again.

◈

End of Chapter

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