Hong Kong variety show: I Am a Tycoon
Chapter 517 All-Out Efforts to Protect the Market
The next day, the market opened.
The Hang Seng Index has surged again, rising nearly 700 points yesterday, which has already caused some people to panic.
However, judging from today's situation, it seems that the trend has not weakened.
It even had a sense of relentless pursuit.
This put the minds of many individual investors and small and medium-sized securities institutions at ease.
This time, even more people entered the venue. Even though Chen Jiajun did not show up, Luo Minsheng still personally operated in the Hong Kong Stock Exchange lobby, attracting a lot of attention.
Many people came to ask Luo Minsheng if Chen Jiajun had obtained some inside information.
Luo Minsheng simply smiled mysteriously and remained silent, leaving much to the imagination.
……
What does the Hong Kong SAR government lack most right now?
It's time!
If the Hong Kong SAR government agrees to help Chan Ka-Chun boost the stock index on that day, then Chan Ka-Chun and other Chinese businessmen will help buy time.
They would wait until the stock index futures settlement date at the end of the month, and then raise funds to continue the trading.
Chen Jiajun's plan worked; he used his own funds to attract funds from many wealthy people in Hong Kong.
It may not have much effect, but it's more than enough to buy time.
International speculators are furious right now, but no matter how much they dump their shares, it has had little effect.
It was as if they were directly going against them.
There is only one way to break the trap set by Soros: to confront him head-on.
Unfortunately, so many countries have failed to achieve this, yet they've run into a wall in Hong Kong.
Soros and the international speculators had no choice but to close their positions, and the futures war this month was over, which was a tacit admission of defeat.
However, a man like Soros, once he has his prey hooked, will not easily let go.
Although they have conceded defeat this month, they have begun to short the next month's contracts in large quantities after closing their positions.
The Hong Kong SAR government didn't tolerate him either. When he liquidated part of his positions, the SAR government continued to press him.
This infuriated Soros and international speculators, who decided to give the Hong Kong SAR government a hard time.
So on the second day of the month, international speculators led by Soros took action, launching a massive crackdown on the Hang Seng Index, determined to suppress its upward trend.
Therefore, Chen Jiajun revealed his first trump card.
Support has arrived from my hometown.
The family back home had ample foreign exchange reserves, so no matter how many short positions Soros and his associates placed, they would accept them without hesitation.
It seemed as if both of them had lost their minds.
However, Chen Jiajun had the confidence, while Soros and international speculators thought the Hong Kong SAR government was desperate and resorting to desperate measures.
Prepare to take it all in one fell swoop!
So, Chen Jiajun revealed his second trump card.
This trump card lies with the Soviet Union.
Soros and a group of international speculators had long been eyeing the Soviet Union, and even heavily invested there.
They plan to wait until the price reaches its peak before releasing the shares to make a hefty profit.
But since Chen Jiajun already knew the tricks of Soros and these international speculators, why would he give up such a good opportunity?
They had already laid out measures in the Soviet Union long ago, and then preemptively detonated the problems in the Soviet Union.
As a result, the large amount of money that Soros and others had invested in the Soviet Union was immediately trapped.
And are the Soviets someone to be trifled with? The answer is no!
……
As the month drew to a close, Soros and international speculators launched a final offensive.
This time, our hometown directly spoke out, saying that it would unconditionally support Hong Kong if needed.
The intervention from their hometown gave Hong Kong a much-needed boost.
On that day, Chen Jiajun came to the Hong Kong Stock Exchange again to personally oversee the situation.
The market opened quickly, but the index remained unchanged.
However, by 10 o'clock, both sides began a frantic sell-off and buy-back. For every amount Soros sold, the Hong Kong SAR government bought it up, making it seem like a cutthroat competition.
By the close of trading that day, the Hang Seng Index closed at 7892 points, and the futures index closed at 7851. The trading volume of Hong Kong stocks that day reached an astonishing HK$80 billion, which was dozens of times higher than usual.
Thus, this struggle ended in a complete victory for Hong Kong.
Because Soros and international financial speculators were no longer able to maintain their composure, almost at the same time, news came from the Soviet Union that the Soviet Union had once again adjusted its floating exchange rate and simultaneously announced and postponed the repayment of foreign debt and suspended the trading of government bonds.
To put it simply, the Soviets are planning to renege on their debt.
When this news came out, Soros and international speculators were both shocked and furious.
They couldn't care less about fighting the Hong Kong SAR government anymore and immediately mobilized funds to go to the Soviet Union to save the day.
Once the international speculators all left, Chen Jiajun and other Chinese businessmen were elevated to god-like status.
After all, Chen Jiajun and his team's actions in rescuing the market during the most dangerous time left a deep impression on the citizens of Hong Kong.
Various newspapers and television stations are reviewing all of this that happened.
……
At the Chinese Businessmen's Association, Chen Jiajun had no idea that he had become a "top influencer" in Hong Kong.
He was drinking with a group of Chinese businessmen.
He was the youngest, so he had to help some of the older guys fend off being forced to drink too much, lest they get drunk to death.
With red eyes and gritted teeth, I could only grit my teeth and go for it.
Then... there is no more!
Everyone was very happy today, after all, Chen Jiajun led everyone to make a fortune, so there were people toasting them everywhere.
Even if Chen Jiajun were possessed by the god of wine, he wouldn't be a match for so many people.
He was drunk and passed out in no time, so Doom had to carry him home.
"Damn it, stop pouring it down my throat! I can't drink anymore!"
When he got home, Chen Jiajun was still practicing drunken boxing.
Guan Jiahui was both annoyed and amused. She put the hangover soup aside and covered Chen Jiajun's cup with it.
Soon after, Chen Jiajun began snoring.
During this period, he had hardly slept a good night's sleep in bed. Guan Jiahui covered Chen Jiajun with a blanket with some heartache and then left the room.
……
This financial war ended with Soros's complete defeat.
Aside from the Hong Kong SAR government, the Chinese-funded chambers of commerce and others who were the first to stand up in support of the SAR government reaped countless benefits in this conflict.
This isn't just about money; it's also about having a voice.
It's not easy for Chinese businessmen; making money under the British was extremely difficult.
Even so, Hong Kong was not turned into an economic colony of England; it was all earned through sheer grit and determination.
In this matter, Chan Ka-Chun took the lead and jumped out to support the SAR government.
Making money is a given, and it's only right that it be done.
Reputation is equally important.
This made the entire Chinese-owned Chamber of Commerce famous again in Hong Kong's business community, and gave them a lot of influence.
This will not only consolidate its own position, but also squeeze the living space of foreign capital.
After the war, the big bosses made money, and naturally, they needed to reward those who had contributed.
Needless to say, Luo Minsheng and other members of the landlords' association made a fortune in the stock market after getting on Chen Jiajun's coattails.
Everyone involved in this financial war has profited at least tens of millions.
As for the employees who had been working hard for several months, Chen Jiajun did not treat them poorly.
With a wave of his hand, he personally spent money to give each of the employees at Guojun Real Estate Company a thousand-square-foot "luxury house".
Soros's invasion of Hong Kong this time is intended to target various aspects of Hong Kong.
Unfortunately, it's all gone to waste.
The real estate industry, in particular, has not been as depressed as people had imagined; in fact, it has seen steady growth.
With this thousand-square-foot "luxury mansion" being given away, no one can say that Chen Jiajun's generosity is insignificant.
The news naturally caused jubilation among company employees and made outsiders drool. Even if they didn't live in these "luxury homes," they could sell them for a fortune!
For this reason, Chan Ka-Chun made the newspapers again, being named the most generous boss in Hong Kong.
This has led to a surge in the number of interviewees at Guojun Group every year. The number of interviewees has gone from a few dozen or a few hundred to one, and has even reached the absurd level of tens of thousands of people interviewing one person.
Keep in mind that Hong Kong at that time only had a few million people.
As for Chen Jiajun himself, he has become increasingly reclusive.
Aside from making occasional public appearances when necessary, I've stayed home during this time.
Dealing with the financial crisis and matters in Brunei has already taken its toll on him.
So he simply dropped everything he was doing and spent all his time with his woman.
Anyway, on the company side, Su Xingbai and Meng Guitian have been trained and are quite useful. On the other hand, Li Yaohua is still dragging things out with Su Ha in Brunei, and it probably won't stop for at least a year or two.
Having abandoned his work, Chen Jiajun spent his days eating, drinking, and having fun with his women. He also drove his yacht around recklessly.
If he was interested, he would take the woman to Macau for shopping and entertainment.
Nowadays, tourism in Macau is quite developed, although it is not as developed as the gambling industry, but it is still a viable path.
After the women went out shopping, Chen Jiajun arrived at He Xin's home.
"I heard you've made quite a splash in Hong Kong again? And even chased away that old crocodile Soros?"
He Xin smiled and said to Chen Jiajun, "No wonder Anan insisted on waiting for you to take over his job!"
Chen Jiajun smiled and said, "I was just lucky!"
"How much did you earn?" He Xin asked curiously.
As the gambling king, He Xin rarely participates in various investment activities. He only needs to guard his own small plot of land, and he can have a steady stream of funds coming in. He doesn't need to bother with those things.
I had only heard about Chen Jiajun's ability to amass wealth and inquired about it out of curiosity.
Chen Jiajun smiled and said, "Not much, just a few hundred billion!"
"Hundreds of billions? Hong Kong dollars or US dollars?" He Xin's eyes widened, and he gasped.
"US dollars, of course!" Chen Jiajun said with a smile. "What else would American devils use if not US dollars?"
He Xin was speechless.
It's no wonder that Chen Jiajun has managed to get to where he is today; there's a reason why he's on equal footing with him.
"By the way, Brother Xin, I happen to have some money on hand. What do you think about getting into the tourism industry in Macau?" Chen Jiajun said to He Xin. "I think tourism is a good business, besides gambling!"
Just like Las Vegas, although it is also a gambling city like Macau, Las Vegas's tourism service industry is much more advanced than Macau's.
He Xin could also sense that there were more and more tourists visiting Haojiang recently.
Moreover, more tourists are a good thing for casinos.
So He Xin asked with a smile, "What are you planning to do? You need to come up with some kind of plan, right?"
Chen Jiajun said with a smile, "There's no rush. Let's talk about it after Haojiang goes home! Then we can sit down and discuss it together."
"Of course!" He Xin nodded, sighed, and said, "Macau hasn't been peaceful lately either! These guys down there are causing trouble everywhere!"
Chen Jiajun didn't seem to care much about He Xin's concerns: "Anyway, Guojun Security Company is right here. What can they possibly do to us?"
He Xin thought about it and found it quite funny.
Chen Jiajun, this big tiger, set up his most elite Guojun Security Company in Haojiang.
Even if the people below fight like crazy, it won't make a difference.
With just a single order from Chen Jiajun, they could be wiped out without a trace.
He Xin had personally witnessed the strength of Guojun Security Company; dealing with gangsters was an absolute crushing force.
It was precisely for this reason that He Xin was extremely wary of Chen Jiajun.
However, over the years, Chen Jiajun has remained very quiet and has not shown any interest in doing anything in Macau.
Even Guojun Security Company only cooperates with the Macau government to maintain public order and provides bodyguards for the wealthy.
He Xin nodded: "Alright, let's talk about it when we get home! Are you staying for dinner today?"
"No thanks!" Chen Jiajun smiled and got up to take his leave.
He Xin would never have said such things before, but recently they have become much more distant.
Chen Jiajun was able to sense He Xin's thoughts, but he simply didn't expose them.
Anyway, the value of Macau has been used up, so it doesn't matter much if we sell our SJM Holdings shares.
Compared to Brunei, Haojiang was not as convenient.
After leaving He Xin's mansion, he met up with his women.
After a day of playing outside, the women were in high spirits, even wearing face masks while watching TV.
“Hey, Jun-ge, the Hong Kong government has set up a care fund!” Huang Bi-an pointed at the TV screen and said to Chen Jia-jun.
Chen Jiajun glanced at it and said with a smile, "Hong Kong won a lot of money in this battle, so it's definitely time to give out some benefits."
"So that means a project to benefit the people?" As He Xin's granddaughter, He Tian'er knew a bit about this.
After all, she comes from a wealthy family, which is completely different from Kwan Ka-wai and Wong Pik-on.
Chen Jiajun glanced at it and said, "It should be this routine, but I wonder who will get it."
"Shouldn't we try?" He Tian'er asked curiously.
Chan Ka-Chun shook his head and said, "There's no need for that. Our Hung Hing Charitable Foundation collaborates with Tung Wah Group of Hospitals and Po Leung Kuk every year. I've already been in the limelight enough lately, so there's no need to steal the spotlight."
Recalling the exaggerated reports about Chen Jiajun in the newspaper, the three women burst into laughter.
Chen Jiajun's face darkened. He hung his coat on the hanger, loosened his tie, and walked towards the women, gritting his teeth as he said, "I think you all need a good beating!"
"Hey, don't touch me, you pervert!"
……
After resting in Macau for a while, Chen Jiajun returned to Hong Kong.
After all, he still has a lot of things to deal with, and there needs to be a limit to slacking off.
Su Xingbo was experiencing the power of Chen Jiajun's hands-off management for the first time, and he was working overtime every day to the point of tears.
I don't even have time to spend with my girlfriend anymore.
Su Xingbo breathed a long sigh of relief when Chen Jiajun returned to work a week later.
A mountain of documents was placed on Chen Jiajun's desk.
Seeing Su Xingbo with dark circles under his eyes, Chen Jiajun chuckled and gave the guy two days off.
But as soon as Su Xingbo left, Ilsa, his secretary, came in: "Boss, this is your schedule."
Chen Jiajun glanced at it and felt a headache coming on: "Why are there so many things that require my involvement? No way! Push away everything I can!"
Ilsa could only say helplessly, "But there's a reception the government is hosting this afternoon that I can't avoid."
"Okay, remember to remind me tomorrow!" Chen Jiajun waved his hand and said.
Ilsa nodded and then returned to her workstation.
In the afternoon, Chen Jiajun finished his work and got up to attend the banquet.
Although I avoided many banquets, there are some things that I couldn't avoid.
Upon arriving at the banquet at the Peninsula Hotel, Chen Jiajun was immediately surrounded by people.
Various businessmen wanted to get close to him and become familiar with him.
Excuse me!
Chen Jiajun could only smile and deal with them one by one. Then he saw a member of a Chinese-funded chamber of commerce and immediately went over to him.
"Ah Jun, you've become the center of attention the moment you walked in!" the owner of the Chinese Chamber of Commerce joked with a smile.
Chen Jiajun said speechlessly, "I knew I wasn't suited for this kind of occasion! Why isn't Brother Nan here?"
At Chen Jiajun's current status, he really doesn't need to build connections anymore, because people come to him to make connections.
"Brother Nan said that with you as the representative, these old men won't embarrass themselves!" the Chinese businessman said with a smile.
Chen Jiajun said irritably, "I just want to be lazy!"
As they were talking, Chen Jiajun suddenly sensed several people staring at him for a long time. (End of Chapter)
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