Take Arada back to the past

Chapter 878, Return Day, Turbulence Arises
Qu Ying looked at Yang Xiaole and asked, "Xiaole, is there any way to salvage this?"

Yang Xiaole shook his head: "The problem is too big and involves too many aspects. There's really nothing we can do for now! It's a systemic issue."

Even if he has the money to cover this time, what about in the future!
In the years before the reform and opening up, its foreign exchange reserves were indeed more than those of the mainland. However, as the level of openness increased, the amount of money needed was in the trillions.

He doesn't have that kind of ability.

It will not be allowed.

After listening, Qu Ying sighed helplessly.

"Alright! We'll see what they say then!"

A real estate crash brought the island's economy to a standstill, and the pace of foreign investment slowed considerably.

……

In July, Yang Xiaole drove to the airport to pick up two people.

"father!"

Yang Xiaole was waiting outside the airport, leaning against the car and smoking.

Then I heard a surprised sound.

Then, Yueyue, dressed in a stylish outfit, came running over.

Yang Xiaole smiled, hugged her, and spun her around.

"Dad, have you missed me?"

Yueyue came down and asked with a smile.

Yang Xiaole put Yueyue down and laughed, "Of course I want to! How could I not!"

After saying that, she looked at Xingxing, who was approaching from behind with her suitcase, and asked, "Why did you two come back together?"

As Xingxing approached, she smiled and said, "My sister called me, and we agreed to fly back together."

Yang Xiaole smiled and nodded, then said, "Let's go, get in the car. Your mom is busy with work and doesn't have time to come over. Go home and wait for her; she should be getting off work soon."

The two men chuckled as they stuffed their belongings into the trunk and got into the car.

Yang Xiaole drove the car, taking the two of them home.

In the car, Yang Xiaole drove while asking with a smile, "Has everything been sorted out over there? Are you going back?"

He won't care about the future of his two children.

It's the same everywhere.

Seeing this, Yueyue said, "My little brother wanted to develop his career in the United States, but I scolded him away."

Yang Xiaole glanced at the stars in the rearview mirror and laughed, "What's wrong?"

Xingxing smiled somewhat awkwardly: "Actually, it's nothing. It's just that I feel the technology and housing exhibitions in mainland China are still a bit weak. My classmates who went with me all want to stay there. I'm not saying that we have to stay there. They feel that everything there is great, but I feel that it's just so-so!"

Yang Xiaole smiled upon hearing this.

It's not too strange.

The mainland has been suppressed for too long, and there are many restrictions on doing things.

Studying abroad now costs several hundred thousand US dollars over four years.

The vast majority of them are government-sponsored students, and their conditions are limited.

Xingxing has always lived a privileged life since childhood. After going abroad, the two children have never lacked money, so they naturally don't realize how good life is over in the United States.

Once you have money, it doesn't really matter where you live.

He then laughed and said, "You can do what you want. I won't force you. You've been away for several years now. This time, you should really experience the development of the country."

We haven't reached our peak speed yet, but the changes across the country are already quite noticeable.

Xingxing nodded gently: "I also feel that the domestic market will not be small in the future."

"Well, so you can decide for yourselves. If you need money, just talk to your dad. As long as you have your own plans, I'll support you no matter how much it costs."

Yang Xiaole said nonchalantly.

Upon seeing this, Yueyue asked curiously, "Dad, how much money do you actually have? I haven't seen you own a company!"

The stars, naturally, also looked curious.

When the two of them went abroad before, they had hundreds of thousands of dollars in pocket money in their purse.

This is just pocket money; the house and car have already been arranged in advance.

Yang Xiaole smiled and said, "Do you really think your dad has nothing better to do all day? I'm in international trade, and I can't really explain the specifics to you."

Yueyue pouted when she saw this.

"It's not like we don't understand. How are we supposed to know if you don't tell us?"

Yang Xiaole smiled but didn't say anything.

She hurried home with her two children.

Back home, after cooking dinner, Qu Ying also came home from get off work.

Yueyue naturally felt smug again.

Qu Ying looked at him, then, as if remembering something, said, "Oh right, I should leave now."

Yang Xiaole wasn't surprised by this, not because of the Hainan Island incident, but because there was a change of leadership this year, and logically many people should be reassigned.

If Qu Ying doesn't make any changes soon, she'll have to retire after this term ends.

Did they say what location it was?

Zhejiang Province!

Yang Xiaole nodded slightly upon hearing this. According to Qu Ying's rank, she should be promoted by half a rank.

Province F.

If I can get promoted after another five years, I can work for a few more years.

Once you reach a certain level, the restrictions become less stringent.

Did you mention anything about the past?

"It'll probably only last a month at most!"

Yang Xiaole nodded slightly.

Yueyue laughed and said, "Then I want to go to Hangzhou too!"

Yang Xiaole rolled her eyes: "No way!"

He then explained the reason.

For someone of Qu Ying's rank, there are certain restrictions on her family's business dealings; they can't operate within her jurisdiction. It would be more appropriate to wait until she leaves.

Yueyue was somewhat disappointed upon hearing this.

"Alright then! Let's eat, let's eat!"

Seeing this, Yang Xiaole smiled and urged him on.

The group then ate their meal there.

The two had already graduated, but instead of rushing to find work, they waited until Qu Ying's transfer order was issued before the family began packing and leaving.

As for the businesses here, they will naturally be taken over and run by others.

As for the property, we'll leave it there and come visit it for a while when winter comes.

He owns more than just this one property; he also has a resort and several villas that are not open to the public.

That year, Xizi was also promoted by half a grade, making her half a grade higher than Qu Ying.

……

By 1994, the situation in Russia had stabilized considerably, and Huang Qiujing began to sell off large quantities of her mineral and energy assets through clandestine channels.

A large amount of money was also transferred overseas through various cross-border companies.

Especially the US stock market, with US tech stocks starting to gain momentum, all of which require investment.

Some of the money quietly flowed into Hong Kong Island.

He was lying there.

In 95, the satellite navigation system in Ermao also completed its network and is currently serving the Asian region. It has also reached a temporary cooperation agreement with the University of Tokyo.

Old Wang also retired that year.

The Middle East has been in a state of chaos in recent years.

The bald eagle has already stirred up trouble in the Middle East.

In 96, the rocket and missile incident from the previous life occurred. The backup system was temporarily switched on, and it was successfully completed despite the extremely close call.

……

It was around 11 a.m. on June 30, 1997.

At the Hong Kong Convention and Exhibition Centre, Yang Xiaole experienced an exciting scene for the first time.

He was there, of course. Many people around witnessed it.

The attendees were people from all walks of life, and there were many reporters present.

This meeting was also an accident; he hadn't expected it.

He was supposed to be on stage, but he ultimately chose to stay offstage.

The ceremony on stage began.

Everyone held their breath and watched.

The meeting encountered a minor mishap, but ultimately concluded smoothly.

……

After the meeting, a group of bodyguards led the old man to a large reception room upstairs.

There were only three people in the room.

The three of them talked for a long time.

They talked about things they had done in the past, and also about the financial crisis that Hong Kong Island might face in the future.

Because the financial crisis is already showing signs of brewing.

……

After the meeting.

Old Wang didn't leave.

"Xiao Le, what do you think about the entry of international capital into Hong Kong Island? How should we deal with it?"

Do you really think that no one on the mainland has discovered this?
They must have discovered it, or at least guessed that this day would come.

However, there is no good solution.

Yang Xiaole thought for a moment and smiled, "There's definitely a way, it just depends on what price we have to pay. If we're going to fight, we'll make them suffer. Then they won't dare to come back."

His funds began to slowly flow into the mainland a few years ago.

The reason for the slow pace is that we don't want to cause drastic fluctuations in the foreign exchange rate or attract the attention of others.

Want to prevent these funds from coming in?

impossible things.

These people, who have been doing well in Southeast Asia, will not give up even if they know that there are preparations here.

Back then, the total foreign exchange reserves of Hong Kong Island and the mainland approached 300 billion.

How much do hedge funds actually have?
Capital of 100 billion is the kind that likes to leverage, while smaller amounts are looked down upon.

Old Wang was deep in thought.

He then said, "Even if we win, the place will be a mess. It's impossible not to fight. We can't just let them slaughter us. If we encounter such risks again in the future, we won't have any experience."

Upon hearing this, Yang Xiaole said, "The decision is up to you. We can't help with anything else, but we do have the money."

How much money can you raise?

Old Wang asked curiously.

Yang Xiaole thought for a moment and said, "5000 billion US dollars. Any more than that would take time."

Actually, there are far more than that.

Of the 28 trillion from the Russian bear, he only took 6%, after all, there were losses in the process.

And there were other people coming to share the cake.

However, not all of these assets have been realized yet; a total of 6 trillion has been realized.

He was afraid of frightening the old man.

"hiss!"

Old Wang gasped.

Even if the money he approved wasn't worth that much, he was still shocked to hear the number.

He felt that Yang Xiaole wasn't telling the truth.

This time, the other party ate with their mouths greasy from the food on the Russian side.

After thinking about it, I said, "Let's avoid fighting if we can. I'll ask you later if you can handle it."

Yang Xiaole smiled upon hearing this: "Give it a try!"

He has no tricks up his sleeve, but Huang Qiujing has plenty.

"Okay, then give it a try. Hong Kong has just returned to China, so it's best not to make too much noise, it might have a bad influence. I'll talk to them about this when I get back."

"it is good!"

Yang Xiaole agreed.

It was getting late, so the two parted ways.

Yang Xiaole went to his own villa.

Huang Qiujing also attended the ceremony. She had just arrived home and was taking a shower.

After Yang Xiaole returned, they took a shower together.

Back in bed, she told him about Old Wang's affair.

"Tell me, what are some solutions? They won't leave the Hong Kong government's financial and stock markets in a mess, otherwise it won't look good."

He still wanted to hear about the techniques used.

Huang Qiujing thought for a moment and said, "To fight without making a mess of things, it's probably a bit complicated!"

It requires a multi-pronged approach, addressing issues from financial, political, public opinion, and technological perspectives.

They've figured out their sniping techniques.

At the time, hedge funds and Tiger Fund and other institutions mainly used only a few attack methods.

Shorting the Hong Kong dollar by borrowing Hong Kong dollars and selling them through the linked exchange rate system forces the Hong Kong government to raise interest rates, leading to a sharp drop in the stock and property markets.

Shorting Hang Seng Index futures: Profiting through stock index futures when the stock market falls.

Creating panic: Amplifying market panic through media and rumors to trigger capital flight.

Yang Xiaole naturally understood, having experienced it many times in his previous life.

"Keep talking!"

Huang Qiujing nodded slightly: "There's no need to worry too much about the exchange rate. We've already bought a large amount of Hong Kong dollars in advance, which has driven up borrowing costs. All we need to do next is add fuel to the fire."

If the other party sells off their shares, then they will need to buy Hang Seng Index constituent stocks to stabilize the share price and housing price. In this way, the shares they borrowed will not be able to generate profits and will eventually be forcibly recalled.

Restricting short positions in stock index futures, raising margin requirements, and curbing speculation are all things the Hong Kong government needs to improve; we can offer our suggestions.

After Huang Qiujing finished speaking, she continued, "This is a defensive strategy that can also disrupt the financing channels of hedge funds. This requires putting pressure on the bank loans that several funds rely on. If we can put pressure on banks to tighten credit in advance, we can weaken their offensive capabilities."

In addition to these, there was also public opinion, with advance cooperation with major media outlets to release analyses that "Hong Kong Island's economic fundamentals are strong," countering the bearish statements of hedge funds.

Utilizing official media: Signaling "full support" through channels such as Xinhua News Agency and CXTV to stabilize market confidence.

Seeing Yang Xiaole pondering, he smiled and said, "No matter how we do these things, we'll need a lot of foreign exchange reserves! Do we really have to expose a portion of them?"

Yang Xiaole nodded slightly upon hearing this: "It's alright, a little exposure won't have a big impact. I'll leave this to you. Someone from the Hong Kong government will contact you later, and we can discuss it then."

Some stubborn people are convinced they can make money in Hong Kong, and even with tighter credit, they will still come.

This actually involves some issues.

That is the legality of Hong Kong government funds entering the market.

Back then, the legal team was exhausted, just to avoid being accused of manipulating the market.

Bad influence.

If he were to handle it, there would be far fewer problems.

After all, he also has capital on his side.

Huang Qiujing agreed, but still reminded him, "Once the Quantum Fund starts its attack, we can cripple them. At that time, the Hong Kong government will definitely suffer some losses as well. Even normal stock trading involves gains and losses, let alone in such a volatile market."

Yang Xiaole nodded slightly upon hearing this.

"I know, I understand."

When the stock market fluctuates wildly, there will always be some "brilliant" people who make predictions, and if they are right, they will make a fortune.

Wrong, that would be a huge loss.

This is unavoidable.

However, as long as the exchange rate remains stable, there shouldn't be any major problems with the stock market; frankly, it's just a matter of market liquidity.

As long as you have enough money, you can settle down.

(End of this chapter)