Hong Kong variety show: I Am a Tycoon

Chapter 515 Turning the tide and saving the collapsing edifice!

"So, America is providing these capitalists with money?" Fok Ying-nan's face immediately turned ugly.

Chen Jiajun nodded: "So, they have plenty of funds, enough that even a country can't compete with them. That's why I went back to my hometown to seek help."

Upon hearing Chen Jiajun's words, everyone fell silent.

A moment later, only Bao Yugang said to Chen Jiajun, "Jun...can you win?"

They are all businessmen, and very successful ones at that.

Hearing Chen Jiajun's words, one can understand just how powerful these international speculators are; they are so powerful that it's almost despair-inducing.

Ordinary people are simply not enough to stop them from conquering the whole of Asia.

With a serious expression, Chen Jiajun addressed the crowd, "Seniors, do you believe me?"

"Huh? What kind of talk is that!" Huo Yingnan said, displeased.

If they didn't trust Chen Jiajun, would they have handed over the presidency of the Chinese Chamber of Commerce to him?
Chen Jiajun took a deep breath and said to everyone, "Trust me, I guarantee we'll win!"

“Great!” Fok Ying-nam was the first to speak. “As long as you win, I have prepared 10 billion US dollars, which I will send to you immediately!”

Bao Yugang and Lin Zeming didn't hesitate and quickly replied, "The same goes for us!"

"Alright, since everyone trusts me!" Chen Jiajun slammed his hand on the table, stood up, and said directly, "I'll personally have a good fight with that old bastard Soros!"

With these big bosses supporting him, the rest is quite simple.

The businessmen in the Chinese-funded Chamber of Commerce contribute money and effort.

However, Chen Jiajun did not intend for them to transfer the funds to him, but rather planned to diversify his business.

He needs to create a herd mentality, not only to get Chinese businessmen involved, but also to win over local and British tycoons.

This is not just his problem, but a problem for the entire Hong Kong.

If Hong Kong is also severely impacted, not one of them will escape!

This time, Chen Jiajun is planning to make money with the entire Hong Kong!
……

The next day, Chen Jiajun arrived at Wubao Securities, looking travel-worn.

Upon seeing Chen Jiajun return from his hometown, Luo Minsheng knew that this was the prelude to war.

"Big boss, you're finally back!" Luo Minsheng stood up immediately.

Chen Jiajun waved his hand, signaling everyone to sit down and talk: "Sit down, everyone. How's the matter going?"

“We’ve been buying US dollars from the international market, but the results haven’t been very good!” Luo Minsheng shook his head and said, “Now the whole of Asia is buying them, so there’s a market for them but no price.”

"Heh, I knew it wouldn't be that simple," Chen Jiajun said with a sneer. "How many do we have right now?"

"Adding to the previous 30 billion, we now have about 50 billion on hand," Zhuo Yu said to Chen Jiajun.

Chen Jiajun calculated the time: "I understand, we should be able to hold out! By the way, Nianzu, assign some people to keep an eye on the market in Su Guo."

"Su Guo?" Sima Nianzu was taken aback. "Why, big boss?"

Chen Jiajun waved his hand and said, "You don't need to worry about that. Just keep an eye on the situation in the Soviet Union and report to me as soon as possible."

Sima Nianzu nodded and said, "Okay, I'll take some men and do it right away!"

Chen Jiajun said to Luo Minsheng, "This time, we're going straight to the Hong Kong Stock Exchange! I want everyone in Hong Kong to see this!"

"Huh?" Luo Minsheng was taken aback.

In his opinion, Chen Jiajun was never a high-profile person.

This high-profile move suggests they have some plans.

So, after a moment's hesitation, Luo Minsheng nodded and said, "I understand, boss. I'll have someone prepare it right away!"

……

Just as Chen Jiajun had predicted, Soros headed straight for Hong Kong.

They used the same old tricks, the same three-pronged approach.

First, they frantically dumped Hong Kong dollars in the foreign exchange market, forcing the Hong Kong government to raise the exchange rate.

Raising the exchange rate would inevitably fall into Soros's trap, causing the Hang Seng Index in Hong Kong to plummet.

Then they will short the Hong Kong stock market to profit from both sides.

The first round of selling was not very large in scale, and both sides were testing the waters.

The Hong Kong government has remained silent for the time being, as if nothing has happened.

Chen Jiajun also kept the people around him still, without making any moves.

But the unfortunate ones were the other Hong Kong businessmen.

Not to mention those small companies, even Titan Group's stock price fluctuated.

People in Hong Kong are living in fear, afraid that what happened in other countries will happen again in Hong Kong.

Therefore, all the stocks in their hands were sold off, which caused the Hang Seng Index to fall again and again.

When Soros attempted to sell off his shares for the second time, the Hong Kong Monetary Authority intervened.

The Hong Kong Monetary Authority was not to be trifled with either, and began to tighten monetary policy, forcing a decline in the market circulation of Hong Kong dollars.

Because the tightening of monetary policy prevented Soros from borrowing enough Hong Kong dollars to sell his shares, Hong Kong stocks rebounded sharply after a brief decline.

However, since this old guy dared to come, he naturally wouldn't fight a battle he wasn't prepared for!

That old bastard Soros has used the same tricks to bring down several countries.

They certainly knew Hong Kong would have countermeasures. However, the Hong Kong Monetary Authority's actions played right into that old scoundrel's hands.

He predicted that Hong Kong would definitely tighten its monetary policy, which would result in a shortage of Hong Kong dollars.

Banks will then raise interest rates to attract citizens' deposits.

Seeing the high bank interest rates, citizens withdrew their money from the stock market and deposited it in banks.

This caused Hong Kong stocks to fall again.

"Damn it! The stock market has been going up and down these past few days, it's almost given me a heart attack."

At a roadside rice noodle roll stall, two middle-aged men were chatting about recent events.

"You haven't gotten your money out of the stock market yet? I heard the banks have raised interest rates again!" another man said smugly. "Saving money in the bank is so safe! Who doesn't know Soros is planning to take over Hong Kong?"

The bespectacled man said speechlessly, "You think I don't want to? My wife absolutely refuses!"

"You'll see how much you owe me then!" the man with the newspaper said smugly.

Chen Jiajun, who was eating nearby, shook his head and thought to himself, "These two are thinking too simply. Soros is using a strategy of exhaustion!"

Chen Jiajun's vision was clearly far superior to that of two ordinary citizens.

He could tell that Soros wasn't so easily intimidated by the HKMA's move.

It is estimated that his next move will be to target Hong Kong's stock market, property market, and futures market.

The Hong Kong Monetary Authority (HKMA) is caught between two conflicting demands.

When Chen Jiajun arrived at Wubao Securities, the analysts shared the same thoughts as him.

So his complexion wasn't very good.

Soros then wanted to bring down the entire Hong Kong market, just as he had squeezed the South Korean market dry.

If he succeeds, Hong Kong will probably not recover for more than a decade.

It has been almost half a year since Soros made his move. During this time, Chen Jiajun has been leading his team to analyze and dissect Soros's tactics, and the Hong Kong Monetary Authority has obviously done the same.

Unfortunately, no suitable countermeasure has been found. The only way to defeat Soros is to use brute force.

Chen Jiajun sighed and said, "It seems we have no other choice."

When things came to a head, no one in Hong Kong had a pleasant expression.

Moreover, Chen Jiajun discovered that many people from English capital were actually following the trend and selling off Hong Kong dollars.

If this continues, more and more people will do it, and then...

Chen Jiajun shook his head, took a deep breath, and said to Luo Minsheng, "It's about time, Asheng. Call the big bosses and tell them it's our turn to take the stage."

Luo Minsheng nodded and said, "Understood, boss!"

……

Lok-chai is a reporter for a financial newspaper and has been staying outside the Hong Kong Stock Exchange these past few days.

All they need to do is wait for Soros to make another move, then have reporters record the details and publish them in the newspapers.

The reporter, also a Hong Kong resident, is very concerned about the development of the situation.

However, most people hold a pessimistic attitude, after all, financial tycoons like Soros have already ruined several countries.

Hong Kong... will probably not escape its clutches either.

Just as Lezai was chatting casually with his companions, one of them suddenly exclaimed, "Wait, look, this car looks so familiar!"

"That's Chen Jiajun's car! This is big news!" Another person immediately recognized Chen Jiajun's vehicle and shouted.

"Not only that, it seems there's also Fok Ying-nam, Bao Yugang, and Lin..."

Without saying a word, Lezai started running straight towards the convoy.

Sure enough, after the car door opened, some of the most prominent Hong Kong Chinese businessmen stepped out of the car.

And judging from the situation, it seems that Chen Jiajun is in charge?

Thinking of this, everyone gathered around and began asking Chen Jiajun, "Mr. Chen, are you here to deal with airport paper?"

"Isn't what you're doing inappropriate for your status?"

"Mr. Chen, don't you pride yourselves on being patriotic businessmen? Isn't what you're doing treason?"

Reporters in Hong Kong are known for their madness, even the more reputable financial journalists.

It's just that their standards are a bit higher than those of paparazzi.

Faced with the other party's sharp questions, Chen Jiajun simply smiled and did not speak, but walked directly towards the Hong Kong Stock Exchange.

At this moment, someone in the group of reporters muttered, "No wonder Chen Jiajun started out in triad business! He's actually following Soros's lead and planning to make airport paper at this time?"

"What wouldn't people like them do?" another reporter said with a sneer.

"Shut up!" another, older reporter shouted. "Are you out of your minds?! Who is Chen Jiajun? Do you believe he'll send people to burn your newspaper office down?"

Upon hearing the veteran reporter's words, everyone immediately shut their mouths.

However, some people still complained, "Seeing them all pretending to be so virtuous, their personas are definitely going to collapse this time!"

Upon arriving at the entrance of the Hong Kong Stock Exchange, Chen Jiajun stopped and said calmly to the reporters, "It seems that our friends in the media are quite concerned about what we are here for?"

The reporters raised their microphones and nodded in unison.

Chen Jiajun smiled slightly and looked at the people beside him, saying, "It's very simple, just one sentence! Turn the tide and save the collapsing edifice!" (End of Chapter)

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