After divorce, I can hear the voice of the future

Chapter 699 Creating Miracles

How much do you know about Chen Jiebin?

During the meal, Lu Liang asked Li Junwei if he had any dealings with the Hong Kong Monetary Authority after so many years in Hong Kong.

As financial businesses gradually shift to Hong Kong, it's essential to cultivate good relationships with the financial giants.

Li Junwei said, "I don't know Director Chen very well, but as far as I know, he values ​​reputation, and he is fair in his dealings with people, so there's nothing to criticize about him."

"You value empty fame?"

After thinking it over, Lu Liang made a decision and looked at Liang Wenhui: "Wenhui, how long will it take for our Firefly II to be completed?"

"With previous experience, as long as the GPUs are all available, we can get it working in a week at most, but it might not be that fast in an underground server room."

Liang Wenhui looked at Tang Caidie. The server room that supplies 10,000 GPUs has very high requirements for heat dissipation, power supply, and fire protection.

Tang Caidie has been in charge of this work, so he's not sure when the server room will be successfully built.

"It will take at least fifteen days."

Tang Caidie sighed and rubbed her temples. Accustomed to the construction efficiency on the mainland, she felt a little out of place in Hong Kong.

The price increase is a minor issue; it's just that the engineers here are so slow and inefficient that she's considering transferring people from the mainland.

"If you calculate it that way, it will take about a month."

Li Junwei nodded: "Some procedures are still under review, and recruitment and training will also take some time."

Lu Liang pondered for a long time. It was the end of July, and Tianxing Quantitative had started operating, so it should be around mid-August.

Although it was already very efficient, I'm meeting Chen Jiebin tomorrow, so I should give him a gift.

After thinking it over, Lu Liang smiled and called Sun Yutao to inquire about the available funds for the third phase of the private equity fund.

After the last operation, idle funds will once again flow into the US stock market to continue to reap the benefits of the dollar's hegemony.

However, there haven't been any good entry opportunities recently, resulting in nearly 10 billion US dollars still sitting in the account.

"Allocate one-fifth of the funds first..."

With a smile on his lips, Lu Liang, without trying to hide it from the three of them, discussed tomorrow's plans with Sun Yutao in front of them.

"Director Chen will probably really like this gift."

The group exchanged glances and smiled.

The next morning, news that Lu Liang had arrived in Hong Kong to meet with Chen Jiebin of the Hong Kong Monetary Authority spread like wildfire throughout the streets and alleys of Hong Kong.

"With Lu Sheng here, the Hang Seng Index should be able to stop falling, right?"

"It's not that easy. The Hang Seng Index is in a historical correction phase. One person's appearance can't change anything."

“One person can’t really change anything, but you have to admit that Lu Sheng is a man who is good at creating miracles.”

At 8:30 a.m., before the Hong Kong stock market had even opened and the news of Lu Liang's meeting with Chen Jiebin had not yet been confirmed, several commentators from TVB's "Financial Observation Room" were already arguing about it.

Last year marked the 20th anniversary of Hong Kong's return to China, and it was also the most glorious year for the Hong Kong stock market in the past 20 years.

Due to factors such as the rebalancing of foreign capital triggered by global market turmoil, as well as the low valuation and high dividends of Hong Kong stocks, the Hang Seng Index rose from 20,000 points at the beginning of last year to 33,000 points at the beginning of this year.

The public was indignant and full of fighting spirit, believing that the Eastern NASDAQ, which had been talked about for half a century, was finally about to emerge in the 21st century.

However, the reality is harsh: Hong Kong stocks are not following the development path of Nasdaq, but rather have been influenced by bad company practices and have learned from the plunge of A-shares.

This jump lasted for more than half a year, and the 33,000-point mark finally became a legend, just like the 5178-point mark of the A-shares market in earlier years.

Over the past six months, the Hang Seng Index has been steadily declining, falling below 30,000 points and even below 25,000 points.

In just six months, the Hang Seng Index has fallen by more than 10,000 points, and last year's glory seems like a dream.

Just then, news broke that Lu Liang had met with Chen Jiebin, suggesting that Tianxing Quant was settling in Hong Kong.

Although everyone knows that Tianxing Financial's focus has been on the international market in recent years, including Tianxing Quantitative's relocation to Hong Kong to better align with international standards, some still hold onto the hope that its arrival can halt the Hang Seng Index's downward trend. After all, the Hang Seng Index is almost becoming the second A-shares market, with losses every day, and even the long-awaited rises seem to be just a ploy to lure people in to average down.

The number of new accounts opened on the Hong Kong Stock Exchange has been steadily increasing over the past two decades, but the fact that it has experienced negative growth for the first time in the past three months is the best proof of this.

This indicates that a large number of investors have become disheartened and chosen to withdraw from the market. Even with a steady stream of mainland investors, the downward trend cannot be stopped. They desperately need a shot in the arm to revitalize the market.

At 9:10 a.m., there were still 20 minutes before the Hong Kong stock market opened.

Someone saw Lu Liang appear at the entrance of Phase 2 of the Plaza Building. Chen Jiebin from the Financial Supervisory Commission personally came downstairs to greet him. The two shook hands and hugged, chatting and laughing as they took the elevator to their office on the 88th floor.

A blurry photo, but in which the faces of the two people are clearly visible, quickly spread throughout Hong Kong's financial circles.

Meanwhile, Hong Kong stocks entered the pre-market auction phase, with a motionless gray line leading people to mistakenly believe that the Hong Kong stock market was closed today.

"Great news, absolutely great news. After days of net outflows in pre-market trading, finally one day the inflow and outflow of funds have reached a balance."

"I hope the top leader can talk to Lu Liang about a targeted cooperation and give the Hang Seng Index a good boost. My heart can't take any more stimulation."

In the blink of an eye, it was 9:30, and the Hang Seng Index opened at 23422 points, the closing price of yesterday.

The inflow and outflow of funds remain in a delicate balance; there is a gap, but it is only a few hundred million Hong Kong dollars.

Barring any unforeseen circumstances, this delicate balance should continue until the meeting between Lu Liang and Chen Jiebin concludes, at which point the spokesperson for the Hong Kong Monetary Authority will announce whether the outcome of the meeting is positive or negative.

The market's stability lasted only ten minutes before a mysterious influx of southbound capital, arriving with tremendous force, shattered the market's balance.

Penguin Holdings, SMIC, HSBC Holdings, Cheung Kong Holdings, CLP Holdings, and other blue-chip stocks surged, transforming into powerful leaders who propelled the index past 24,000 points and set its sights on 25,000 points.

Seeing this, the funds that had been sitting idle immediately joined the bullish army without hesitation...

At this very moment, on the 88th floor of Phase 2 of the Plaza Building, is the office of the Director of the Financial Supervisory Commission.

Chen Jiebin glanced at the market data; the 24,000-point mark was as fragile as paper, ready to crumble at the slightest touch.

The 25,000-point mark is also teetering on the brink of collapse and could be breached at any moment, with the entire market showing a thriving green landscape.

In traditional culture, red usually represents good fortune and prosperity, while in Western culture, green represents health, peace, and stability.

Since Hong Kong was a British colony when it was first established, the Hong Kong stock market followed the Western model, using green for rising prices and red for falling prices.

However, if mainland software is used, such as Tonghuashun or Eastmoney, the Hong Kong stock market's rise will be uniformly displayed in red.

But this is Hong Kong, and locals are used to green for rising and red for falling. After all, green for falling has been ruined by the A-share market and represents the color of韭菜 (a metaphor for retail investors who are easily exploited).

"Mr. Lu, is this your doing?" Chen Jiebin looked at the source of the funds that triggered the market rally, which used a special channel for southbound capital.

Without any hesitation, almost instantly, nearly HK$10 billion was deployed to forcefully stimulate the recovery of the entire market.

This method, this scale, and the southward flow of funds—their target is too obvious. They're practically raising a flag and announcing to the world, "Hey, I'm here!"

"This tea is quite good." Lu Liang smiled faintly, held the cup to his nose and smelled it. At first, it was light and elegant, then it became mellow and fragrant. The warm tea flowed into his throat and had a long aftertaste.

He used to dislike drinking tea, but Lao Meng would invite him to drink tea every few days, and they could drink for an entire afternoon. Over time, he got used to drinking tea and was able to distinguish between good and bad tea leaves.

Chen Jiebin was taken aback, then smiled and said, "If Mr. Lu likes Baima Maojian tea, I have a few more jars here. You can take them back with you later."

“I like to drink tea, but I’m not very good at brewing it,” Lu Liang said with a smile. Chen Jiebin chuckled, “Anyway, Mr. Lu can come here often if he has the chance, since it’s upstairs or downstairs.”

Lu Liang smiled and nodded, took a sip of tea, and returned to the previous topic: "This round of correction in the Hang Seng Index should be over."

This statement indirectly admits that he was indeed behind today's surge in the Hang Seng Index.

As the saying goes, "Strike the snake at its vital spot," and Chen Jiebin is fond of fame. The Hang Seng Index has fallen by 10,000 points in the past six months, so he must be under considerable pressure.

Although Lu Liang doesn't trade Hong Kong stocks, it doesn't mean he doesn't pay attention to them. 22891 points is the lowest point of this round of correction.

Although there are still more than 800 points to go before the bottom is reached, he doesn't mind giving it a boost and ending this round of historic correction ahead of schedule.

The public's impression of him is still based on his past ability to create miracles, but now, given the right opportunity, he has the ability to create miracles.

(End of this chapter)