Chapter 487: Hong Kong Stock Fluctuations

Kowloon Securities Exchange.

Facing Headline's sniper attack, Chen Pufin already wanted to kill Yang Qing's heart.

Their Kowloon Securities Exchange was the latest to be founded, and its current trading volume hasn't even reached a single city.

The money‑grabbing scheme he finally thought of was actually messed up by Headline.

The more he thought, the angrier he got; now he even wants to set Headline on fire.

"Headline, you and I will never share the same sky."

Le Xiuzhang still wants to get something done; this time he resorted to the crooked money‑grabbing because his research funds were insufficient.

Now that he's been exposed, he feels a bit ashamed to face people; seeing Chen Pufin like this, he advises.

"Let's just drop it; the financing money is already in our hands, no need to keep stirring up trouble."

"If it escalates, it will be worse."

Chen Pufin is not only a shareholder of the Gangdao Antenna, he is also a major shareholder of the Kowloon Securities Exchange.

Headline's commotion not only affects the Gangdao Antenna, but also has a huge impact on the Kowloon Securities Exchange.

"You don't understand; in this matter, we absolutely cannot concede."

"If we concede, we're finished."

His prediction was accurate; the Gangdao Antenna quickly fell from 2 dollars to 10 cents.

A massive number of sell orders were posted, but no one wanted them.

And that's not all; the Kowloon Securities Exchange also suffered greatly, with customers and stock brokers beginning to leave in large numbers.

With the naked eye, the Kowloon Securities Exchange began to decline.

Now Le Xiuzhang fell silent; Chen Pufin wasn't going to admit defeat, so he began to mobilize his contacts.

First, he started trading insults with Headline in the newspaper, essentially saying: our financing is for developing technology.

He also wrote extensive praise in the newspaper, lauding Le Xiuzhang as incredibly awesome.

Le Xiuzhang couldn't stand the flattery any longer.

Later he got someone to back the Kowloon Securities Exchange, which finally steadied the loss of its customers.

Perhaps a fortunate person has their own heavenly sign.

Mai Lihao at this moment announced the subway plan, and Hui Feng subsequently carried out dividend distribution and stock split.

In an instant, the heat of Hong Kong stocks rose.

The Kowloon Securities Exchange once again became bustling.

Although its share of trading volume remained low, the total volume rose, with tens of millions of transactions daily.

Yang Qing didn't pay much attention to Chen Pufin; he was more focused on Mai Lihao and Hui Feng's moves.

Their actions were too suspicious, and the subsequent investigation confirmed Yang Qing's judgment.

Foreign capital is preparing to flee,

You want to run, I want to run too, and Yang Qing is making it even bigger.

He simultaneously had nine major listed companies issue new shares to cash out.

At the same time, he let Xuanwu Investment Bank gradually reduce its positions.

Foreign capital, caught off guard by Yang Qing, could only slow its cash‑out to avoid a stock market crash.

Mai Lihao hadn't expected Yang Qing to act this way.

Originally, he should have started speculating on the stock market's riskiness at this moment.

That way, he could simultaneously bolster his image as a benevolent governor devoted to the people, and later shift blame for any stock crash.

He could also create hype to increase the stock market's heat.

Now Hong Fu's credibility is poor, and ordinary people chase rising prices but not falling ones.

The less you let me buy, the more it shows you can earn money; foreigners aren't any good, we can't listen to them when they get rich without us.

These people can be said to have a tight grip on Hong Kong citizens' psychology.

The stock market became even more lively.

In December, Hong Fu began restricting civil servants from trading stocks.

Meanwhile, behind the scenes, Gangdao started seeing various wealth myths emerge.

The hype atmosphere was thick.

Yang Qing seized the opportunity to continue reducing positions and issuing stock financing.

The stock market was scorching hot, yet foreign capital's cash‑out funds were scarce.

Yang Qing's market‑crashing actions kept going, so they had to slow their cash‑out.

They had insider news that Yingjiang and Annan's war was about to end.

Such a huge positive would surely spur the stock market to keep soaring.

They aren't panicked, not hurried at all; exiting later will earn even more.

Seeing the year‑end approach, holidays also increased.

More people poured into the stock market.

In just a month, the Hang Seng Index rose to around 1,200.

The overheated stock market made Mai Lihao and Hui Feng start to worry; they wanted to earn some money but hadn't thought about collapsing Gangdao.

Especially Hui Feng, who would be the most unlucky if a huge crisis occurred.

In a small crisis, it could seize many quality assets; in a big crisis, many accounts might turn into massive bad debts.

Hui Feng would go from huge profit to huge loss.

Now they are scared.

In January, Hong Fu issued a series of restrictive policies.

Shen Bi even came in person to meet Tian Guoli.

Tian Guoli knew Shen Bi's purpose, but pretended not to.

Manager Shen, your esteemed presence honors us—welcome, welcome.

After exchanging a few pleasantries with Tian Guoliang, Shen Bi went to Tian Guoliang's office.

General Manager Tian, I've come this time on a mission.

Tian Guoli wondered.

I don't know what brings Manager Shen here.

After sitting down, Shen Bi spoke solemnly.

General Manager Tian, I believe you can also see that the stock market bubble is growing larger and larger.

A company like Gangdao Antenna now costs 11 dollars—this is insane.

Hui Feng and Hong Fu hope that Da Song Bank can join Hui Feng and Hong Fu in cooling down the stock market.

Tian Guoliang's face turned cold, but he still asked.

I don't know what Hui Feng and Hong Fu want us Da Song Bank to do.

Shen Bi sensed Tian Guoli's displeasure, but still said.

We hope Da Song Bank can reduce stock financing leverage and close the stock trading business at its branches.

Tian Guoliang's face grew even uglier.

Manager Shen, doing this would cause huge losses for Da Song Bank.

Da Song Bank's influence extends beyond itself; it will also affect the Azure Dragon Securities Exchange.

Most of the client financing at the Azure Dragon Securities Exchange is handled by Da Song Bank; now that financing cannot continue, the impact on the exchange is huge.

At the same time, Da Song Bank will also lose a large number of customers.

Shen Bi's tone also turned cold.

General Manager Tian, I came only to give Da Song Bank face.

The Banking Regulatory Commission has issued an order—that is a government decree.

By then, would Da Song Bank still dare to defy the order?

What he said is the truth; under the eaves one must bow his head. Although Tian Guoliang is utterly unwilling, once the decree is issued, you must obey.

However, outward compliance with inner defiance is inevitable.

But why doesn't Hong Fu issue an order instead, and have Shen Bi come over?

What's the catch here? Tian Guoli doesn't know.

Let me think about it; I'll give you an answer tomorrow.

Shen Bi nodded and left.

Tian Guoli quickly went to the top floor.

After explaining the situation, Yang Qing also became confused.

He thought for a while, as if he had grasped the key point.

Perhaps they just want to suppress us.

This is the reason Yang Qing came up with.

Tian Guoli did not understand.

If they want to cool the stock market, wouldn't issuing a decree be better? Why pick us—are we easy to bully? On what basis must we follow their words?

Yang Qing also didn't know where they got their confidence.

Perhaps it's arrogance, or perhaps they're used to giving orders and having things their way.

They even treat us as their slaves, so they do whatever they want.

Hui Feng and Hong Fu, these two giants, exert pressure—ordinary people truly can't withstand it, so they can only grit their teeth and accept.

This is a form of extortion.

Tian Guoli was extremely indignant.

General Manager Yang, what should we do? Otherwise, we could just ignore them.