Take Arada back to the past

Chapter 879, The Rose of the East

97 October.

In a lobby on the second floor of the Far East Securities Company on Hong Kong Island.

As one of the directors of Far East Securities, Huang Qiujing has a VIP channel there year-round, allowing her to operate directly.

There's no need to crowd with ordinary people in the lobby.

Yang Xiaole and Huang Qiujing are both here.

Looking at the numbers constantly changing on the old-fashioned meter, Huang Qiujing calmly said, "The actions in the foreign exchange market are already very clear, and the stock market has also peaked."

Yang Xiaole crossed his arms and watched this scene.

He chuckled and asked, "Is there any hope of keeping these people cooped up here?"

What he wanted was for the stock market to not fluctuate too much, and for the Quantum Fund to be effectively shut down in Hong Kong's financial markets.

This operation is somewhat difficult.

Making the other party lose money is easy, but getting them stuck here is not so easy.

If the other party senses something is wrong, they might run away.

Huang Qiujing looked at him, but didn't answer directly. Instead, she smiled and asked, "Such a good opportunity, aren't you sure you want to make some money? The market capitalization of the Hong Kong stock market is around US$4300 billion. If we handle it properly, we could make hundreds of billions this time. Are you sure you want to do this?"
Moreover, after this incident, squid capital might target us, and there could be some trouble in the future.

Even though I knew the answer, I still asked.

Yang Xiaole shrugged and laughed, "Hong Kong just returned home. If the financial system here collapses, it'll look too bad. As for those bigwigs, it doesn't matter. Are we still the kind of people they can just crush?"

This incident with the Russian bear made him a fortune.

He really didn't care about that small profit.

Huang Qiujing turned around and smiled: "Okay, I understand what you're saying. But we won't lose money, we'll just earn a little less."

He paused for a moment and then laughed, "If you want to suffocate them, you can't make any big moves in the early stages. Let the stock market slowly enter a downward channel for a period of time so that they feel there is an opportunity. Otherwise, they won't fall for it."

Of course, I will control the pace, partly to prevent ordinary stock investors from losing too much money, and also to wait for their futures orders to be completed.

Their attack was ostensibly aimed at the Hong Kong government's linked exchange rate, but their ultimate target was actually the stock market and real estate...

After Huang Qiujing finished speaking, she asked, "Have you made contact with Huazi yet?"

Yang Xiaole nodded slightly: "Yes, it's all been arranged, but not everyone has been notified. I had them form an alliance so that they can issue a notification if anything happens and protect their stocks."

This creates a posture of fighting to the bitter end. The main target this time is British capital. ..."

If the goal is to trap funds and international speculative capital this time, the stock market must decline. Chinese capital can be protected, but British capital will not be cared for.

It also gives them the feeling that they are short of funds.

Huang Qiujing nodded slightly upon hearing this: "That's fine then. Let's just wait and see. This kind of attack can't be stopped in the short term. It's estimated that it won't be completely over until the second half of next year."

The establishment and withdrawal of such large funds both require time.

Yang Xiaole smiled and said, "Okay, just keep an eye on things. Thanks for your hard work these past few days."

Huang Xintong, who hadn't said much until now, smiled and asked, "Xiao Le, do you know what Sister Jing is called on Wall Street?"

These words startled Yang Xiaole for a moment, then she laughed: "What's wrong? Are you famous?"

They must be very famous.

Otherwise, Huang Xintong wouldn't have said it.

Upon hearing this, Huang Xintong smiled and said, "Sister Jing is known on Wall Street as the 'Oriental Rose,' the thorny kind. Her name is much more famous than Soros'."

Upon hearing this, Yang Xiaole hugged Huang Qiujing and teased her, "You have such a domineering name!"

Huang Qiujing rolled her eyes at him: "Do you expect a hands-off manager like you to pay attention to my affairs?"

Yang Xiaole smiled sheepishly.

"He who can do it should work harder!"

This earned him another eye roll from Huang Qiujing.

Huang Xintong smiled as she saw this.

Yang Xiaole thought of something and said to Huang Xintong, "By the way, you also need to pay attention to the soybeans. I estimate that in a few years, those people will also make a move."

Huang Xintong naturally understood what he meant.

The Soybean War.

She nodded slightly: "Don't worry, I will definitely keep your instructions in mind."

Yang Xiaole nodded slightly upon hearing this and said nothing more.

The group then stood there quietly watching.

In the following period, Hong Kong stocks began to enter a downward trend, and many people who sensed something was wrong started to sell.

Chinese-owned stocks are starting to find buyers.

British capital, on the other hand, led to a stampede.

Every day, Chinese-owned newspapers are published, giving the impression that they are determined to protect Hong Kong's financial system at all costs.

Of course, it couldn't withstand the selling pressure, and Yang Xiaole's financial arm gradually took over the remaining shares.

There was no widespread panic.

As time went on, the index gradually dropped from 16000 points to around 14000 points, and then to around 10000 points.

In the later stages, there were basically no retail investors left; it was mainly Yang Xiaole's funds that were supporting the market.

It was just done very discreetly.

Of course, nothing stays hidden forever, and the other party eventually sensed that something was wrong.

This led some to suspect that it was the mainland's self-reliance.

But these people are too confident.

There is a lot of confidence in this.

First, there is a lack of financial experience in mainland China.

Secondly, they encountered similar resistance in several other places, but they defeated them all, which gave international speculators a lot of confidence.

After all, Hong Kong Island's base is not as large as those of Thailand, the Philippines, Malaysia, and Indonesia.

The third reason is that the Hong Kong stock market fell as they expected.

……and many more.

There are too many reasons.

As time went on, the Hong Kong government also adopted a defensive posture.

The monetary policy was tightened, and interbank lending rates were raised from 9% to 290%.

This move prevents capital outflows, but it also increases the capital available for short selling.

This approach also has significant side effects, directly impacting the stock market.

The stock market, which had been hovering around 10000 points, has started to fall again.

It's just that the trend isn't as fast as we imagined.

…………

September, 98

Yang Xiaole and his group reunited at the Far East Securities Exchange Market.

Today is the last day for Hang Seng Index futures settlement.

The Hong Kong stock market has also experienced significant volatility during this period.

"How's it going? Is it okay?"

Yang Xiaole looked at Huang Qiujing and asked a question.

Huang Qiujing smiled and nodded gently: "Don't worry, if it's below 8500 points before the market closes today, I'll admit defeat!"

These words made Yang Xiaole click his tongue.

This is going to crush foreign investment to the bone!

At this point, many of these international speculators will probably have to liquidate their positions.

Because these people's cost basis has reached between 7500 and 8000, if it reaches 8500, they can wipe out all the ambitious people who haven't cancelled their orders.

And this speed needs to be fast.

If things slow down, those people will have time to cancel their orders.

He snapped out of his thoughts and laughed, "Alright, let me see how you do it."

Huang Qiujing glanced at him sideways: "I've arranged everything, you wouldn't understand it anyway!"

Yang Xiaole rolled her eyes and flicked her nose: "You think you're so great?"

"hey-hey!"

Huang Qiujing's expression as a financial queen vanished, replaced by that of a demure woman.

As time went on, the stock market opened, and there was no initial drop followed by a rise; it simply surged upwards like a spring rising from the ground.

It begins to slow down after reaching a certain level.

However, the overall trend is upward, and the angle is quite good.

Meanwhile, the British stock market was bustling with activity. They had anticipated a large increase, but not this large.

In a conference room, an elderly white man watched the price increase without much concern.

"Don't be so nervous, they don't have that much money!"

In his view, taking on their sell-offs was already a huge burden, and it was impossible to waste money buying indefinitely.

Hearing his words, everyone relaxed.

They're here to make money.

It's not about doing charity.

pity……

What happened next was beyond their expectations.

An hour later, the index rose by 300 points due to their frantic selling.

It's already close to their average price; any higher and they'll start losing money.

They can accept losing money.

However, they used leverage this time, so if the price increases too much, they may have to liquidate their positions directly.

The old man also sensed that something was wrong.

They sold quickly enough, but they still couldn't keep up with the volume of buying.

As time went on, the market index continued to rise, albeit not by much, but there was no sign of a downward trend.

……

Yang Xiaole sat there watching the stock market.

He asked Huang Qiujing, "If that's the case, they can still make money from the stock market, right?"

Huang Qiujing laughed upon hearing this: "Don't worry, their stocks are all borrowed at high prices. There's a reason why I've kept the index stable at 8500 points. Once the number of stocks on the market falls below a certain threshold, banks like Morgan will definitely forcefully buy back these shares."

Staying at this point won't allow them to make any money in the stock market, but it will cause their futures market positions to be liquidated. Even if they roll over their positions to next month, as long as the index remains stable at this level, they will still lose money, or they won't even have the opportunity to roll over their positions.

If the number of sellers decreases, these shares may not be able to be recovered.

Banks like Morgan wouldn't take that kind of risk.

Yang Xiaole nodded slightly upon hearing this.

Wait quietly.

As time went on, until the market closed at 4 p.m., Huang Qiujing relied on her decision-making ability and strong financial support.

She stabilized the market in the way she had in mind.

The time stopped at 4 p.m.

Yang Xiaole also smiled.

"How much did you lose?"

Huang Qiujing estimated in her mind and said, "I estimate we lost between 100 billion and 120 billion Hong Kong dollars, not US dollars."

He then laughed and said, "Don't worry, the attack is over now. The market will stabilize and recover, and we'll make back all that money. Don't forget, companies like Morgan need these shares. If they can't buy them back on time, they'll be held legally responsible."

Yang Xiaole laughed upon hearing this.

"That's good!"

He then asked, "How much will they lose over there?"

Huang Qiujing shook her head: "I'm not very clear on the specifics, but I estimate that they will lose about 60%. They are using a leveraged model, which means they only need a $400 billion position to build a $40 billion position."

Yang Xiaole shook his head upon hearing this: "The loss is still too small!"

This is the power of capital.

It's like finding money on the street.

If handled properly, the profits can be astonishing.

A 10% drop can yield double the profit.

Of course, a 10% increase could cause these funds to be liquidated.

Huang Qiujing glanced at him sideways upon hearing this: "Isn't that enough? Speculators of this caliber can't possibly invest all their funds. They'll definitely withdraw some. This is already quite good. What's their annual return rate anyway?"

He then laughed and said, "This time, the Quantum Fund's reputation will probably be damaged, and fewer people will be willing to invest, unless there is a large amount of capital to support it."

Yang Xiaole pondered over this.

It feels okay.

These guys are getting off too cheaply.

Standing on the window upstairs, looking down at the ordinary stock market investors below, one could see a burst of jubilation.

Of course, a small number of people also experienced a period of frustration.

It sold out.

Yang Xiaole glanced at it and then ignored it; the stock market is volatile, and it's impossible for everyone to make money.

Even without this financial defense, many people would still lose everything every day.

Relatively speaking, this time there are risks, but they are still within a controllable range.

He has bought so many stocks this time that he will need a long time to sell them off gradually.

Otherwise, it will affect the entire index.

Meanwhile, in the British-owned stock exchange, a group of foreigners were filled with gloom and despair.

They even had an argument.

……

Yang Xiaole was in the VIP room when there was a knock on the door.

When the door opened, Old Man Wang was standing there.

"Master, why are you here?"

Upon seeing the other person, Yang Xiaole greeted them with a smile.

Although the other party has retired, they don't just come to Hong Kong Island casually, after all, they were once a high-ranking official here.

After Old Wang came in, he laughed and said, "Of course I had to come and see at such an important time! This was a beautiful victory! You played with great spirit."

Yang Xiaole smiled upon hearing this: "This isn't my achievement, it's my wife's!"

Upon hearing this, Old Man Wang looked at Huang Qiujing beside him.

He smiled and nodded: "Ms. Huang, the mainland will never forget you!"

He naturally knew Huang Qiujing's identity.

Huang Qiujing politely replied, "It's only right, after all, we're all Chinese."

Old Wang smiled and then looked at Yang Xiaole: "The leaders already know about this matter, but now there is another matter that requires your help."

Pulling himself back to reality, he asked, "What can I do for you?"

The old man looked around and softly uttered a few words: "Varyag!"

Upon hearing this, Yang Xiaole suddenly realized.

It turned out to be this.

I guess they encountered some difficulties on their way back and wanted his help to get through the checkpoints in Türkiye.

After thinking for a moment, he nodded slightly: "Okay! I understand. Now that things are settled here, I'll go over there too."

It would be a good thing if they could come back early.

Old Wang nodded slightly upon hearing this.

"Okay! Then I'll leave it to you."

The two didn't exchange many words before Old Man Wang left.

After seeing the people off, Yang Xiaole returned and said, "Things here are all settled. I'll wrap things up and then go to the mainland, and then I'll go to Er Mao's place."

The Er Mao of today is not the Er Mao of the past.

It's most appropriate for Er Mao to handle this matter.

Huang Qiujing naturally agreed upon hearing this.

"Okay, I understand. You go ahead and do your thing, I won't go with you."

As for the Russians, the Great Khan will ascend to the throne next year, and his assets there have already been dealt with fairly well, so there is no need for Huang Qiujing to go there.

Yang Xiaole nodded and said, "Okay, I understand. I've told you everything from now on. You can handle it yourself!"

He had already told Huang Qiujing about several major events that were to come.

How she makes a profit is her business.

Once the matter was settled, Yang Xiaole left the exchange.

PS: Um... this book is basically finished. The rest is mostly in the wrap-up stage, and it will probably be over by the end of the month.

It seems I mentioned it beforehand.

(End of this chapter)