The old man's expression turned serious, and he sighed helplessly.
“Xiao Bao, your concerns are very valid! To be honest, our country is currently in a period of great need for reconstruction, and we need money in all aspects, but our finances are tight. So even if we know about this, we are powerless to help Hong Kong. If we find out but do nothing, it will inevitably affect the Hong Kong people's trust in the motherland, and in the end, it may even affect Hong Kong's return to China!”
Liu Xiaobao studied finance and has some understanding of national fiscal revenue.
As far as he knew, the country's total revenue in 1992 was only over 200 billion yuan, and even in 1993 it was only over 300 billion yuan.
But how much expenditure does a country as large as China need each year for construction, people's livelihood, education, agriculture, and so on?
With such meager fiscal revenue, China is definitely not going to make ends meet right now.
Liu Xiaobao even speculated that China's current fiscal situation is actually in deficit, and the national treasury may not even have as much money as he personally has.
It was precisely because Liu Xiaobao was aware of this that he dared not report the Morgan Stanley International Fund matter to the government.
Liu Xiaobao feared that if the government found out, it would be powerless to do anything, and in the end, the government might have to take the blame for the disaster in the Hong Kong stock market.
Therefore, Liu Xiaobao never intended to inform the government about the situation of the Hong Kong stock market from the very beginning.
Now that the old man knows about this, Liu Xiaobao speculates that either a tycoon in Hong Kong told him, or the old man learned about it while investigating Liu Xiaobao.
If it's the latter, it's better, as it won't affect the country. Liu Xiaobao is afraid it's the former, because that would clearly show that the country is aware of the crisis in the Hong Kong stock market.
Therefore, Liu Xiaobao asked the old man with concern, "Old leader, how did you know about the Morgan Stanley International Fund?"
2.9
The old man seemed to see right through Liu Xiaobao's worries, and he smiled slightly.
"Don't worry, I only discovered this by accident while I was keeping an eye on you! Xiao Bao, your awareness is very good. You know how to think about the country, that's excellent, very good!"
Liu Xiaobao shook his head with a wry smile: "It's a pity that awareness can't be used as money! To be honest, old boss, I just met with some of Hong Kong's top tycoons a few days ago because of the Morgan Stanley International Fund, but unfortunately, even if we add up all our funds, we can't stop Hong Kong from facing this disaster!"
Upon hearing this, the old man sighed softly.
"Xiao Bao, I know you're quite capable when it comes to stocks. Can you give me the real answer? If we're going to stop this disaster in the Hong Kong stock market, are you really completely without any ideas?"
Chapter 137 The Great Man's Entrustment (Please Subscribe)
Faced with the expectation in the old man's eyes, Liu Xiaobao could only shake his head helplessly.
“Old leader, the stock market is actually the capital market. In the stock market, everything depends on capital. If the capital gap is too large, there is no way to compete. Take the current situation of the Hong Kong stock market, for example. Although it was a scheme orchestrated by Morgan Stanley International Fund, it was also created by pooling the real money of many foreign capitalists. If you want to compete with these international giants and break their scheme, you must have real capital.”
After explaining this, Liu Xiaobao sighed softly again, and then continued.
"Given the vast disparity in our financial resources, there's really no way to stop them. Otherwise, no matter how much money we throw in, they'll devour it all, like throwing money into a bottomless pit. And to fight a defensive battle, our capital must be at least three times that of theirs. Old boss, I met with those Hong Kong tycoons the other day, and even with all our money combined, we're still 1.4 trillion short. With that kind of gap, we really can't fight this battle with Morgan Stanley International Fund."
After hearing Liu Xiaobao's words, the old man's previous hope turned into helplessness.
If it were a battlefield, facing the enemy, the old man would have the absolute courage to fight to the death with the enemy.
However, force cannot solve the problem in the face of this kind of capital battlefield.
Given China's current weak national strength, even a great man like the old man could only sigh helplessly at the battle in the Hong Kong stock market.
Because with its current deficit, China simply cannot come up with more than one trillion yuan.
However, the old man in front of me truly deserves to be called a great man.
Knowing that he could not fight the other side, the old man simply sighed and decisively chose to settle for second best.
"Xiao Bao, I understand what you're saying. So, is there any way to mitigate the losses suffered by the people of Hong Kong?"
Having personally experienced the old man's vision and courage, Liu Xiaobao was filled with admiration.
In just a few seconds, the old man found the most accurate and suitable strategy. Instead of insisting on fighting back, he chose to accept the loss and try to minimize the damage.
This time, Liu Xiaobao did not disappoint the old man. After hesitating for a moment, he answered the old man.
"Old leader, I do have a solution, but doing it that way would be rather cruel!"
The old man waved his hand: "Our country has experienced even more cruel times. Nothing is more terrible than that time. Xiao Bao, please speak freely."
Liu Xiaobao understood that the cruel period the old man was referring to was the late Qing Dynasty, the War of Resistance against Japan, and the Civil War.
Indeed, compared to that period, what is this disaster in the Hong Kong stock market?
So Liu Xiaobao no longer had any concerns and told the old man his thoughts.
"Old leader, my solution is to learn from their mistakes and use their wealth to snatch some assets back from Morgan Stanley International, a world-class conglomerate, so that Hong Kong's wealth doesn't all flow overseas!"
The old man became interested: "Using other people's stones to attack other people's jade, you're trying to use their strength against them. Can you tell me in detail how you're going to do it?"
After talking with the old man for so long, Liu Xiaobao was now completely relaxed.
He got up, took the kettle from the cabinet next to him, brewed a pot of tea, and then poured tea for the old man while explaining things.
"Old leader, if we treat the Hong Kong stock market as a cup of tea in our hands, then before we get a refill, every sip is one less sip. What we need to do is compete with Morgan Stanley International Fund for this cup of tea. Even if our mouths are smaller and we can't drink as much as they do, we can still manage to drink some."
As he spoke, Liu Xiaobao calmly took a sip of tea before continuing.
"The specific operation process might be too complicated for you to understand if I explained it to you, so I can only give you a general overview. At the appropriate time, I would choose to short sell stocks in the Hong Kong stock market, thereby seizing a fortune. Then, after Morgan Stanley International Fund exits the market, I would use the seized wealth to stabilize the Hong Kong stock market. In this way, I can both take a large piece of the pie from Morgan Stanley International Fund and prevent the Hong Kong economy from collapsing."
At this point, Liu Xiaobao paused, looked at the old man, and added one last sentence.
“In the process, we will make a very ugly move, and the people of Hong Kong will inevitably think that we are eating their flesh and drinking their blood! So, old leader, if this matter is to be done, let me do it personally. It is not convenient for the country to get involved.”
Although the old man wasn't a finance professional and didn't understand the stock market jargon Liu Xiaobao used, his vision and intellectual level were unmatched by most people, so he could still understand what Liu Xiaobao was trying to say.
After a moment's thought, the old man grasped the key point and asked Liu Xiaobao, "Xiaobao, when is that opportune moment you mentioned? Are you confident you can seize it?"
Liu Xiaobao naturally wouldn't tell the old man that he could predict the future. He simply made up an excuse and replied, "Old leader, there's no need to worry. As long as I do careful calculations, I can still predict this so-called opportunity."
The old man nodded: "That's good. But Xiaobao, do you have enough funds to handle this?"
Liu Xiaobao smiled and said, "I'll keep whatever amount I can. There are no hard and fast rules for this. I can keep as much or as little as I can. In short, I will do my best to keep as much wealth in Hong Kong as I can. It's better than having it all taken away by Morgan Stanley International Fund."
The old man nodded again, but he didn't say anything more. He lit a cigarette and then fell into thought.
Seeing this, Liu Xiaobao didn't dare to disturb the old man's thoughts. He just sat quietly and waited, not even daring to drink any more tea, for fear of making a sound and interrupting the old man's thinking.
About five minutes later, the old man stubbed out the cigarette he had only taken one puff of, and then turned to Liu Xiaobao and said...
"Xiao Bao, after talking with you for a while, I can see that you are a very patriotic young man. If I were to entrust this matter to you, would you be willing to do this for the country?"
Upon hearing the old man's words, Liu Xiaobao put away his smile and replied to the old man with a serious expression.
"If the old leader entrusts this matter to Xiao Bao, Xiao Bao will live up to the old leader's trust and will do his best to complete this matter!"
The old man smiled and nodded.
"I knew I hadn't misjudged you. Well then, Xiao Bao, since it's not convenient for the government to get involved in this matter, I'll entrust it to you!"
Liu Xiaobao stood up and answered the old man in a standing-at-attention posture.
"Yes, old leader, Xiao Bao will definitely complete the mission!"
Chapter 138 Making a Military Pledge (Please Subscribe)
Seeing Liu Xiaobao's appearance, the old man was amused.
"Hehehe... You're starting to look like a soldier. Xiao Bao, you're not part of the system, so you don't need to be so formal. Sit down!"
Liu Xiaobao smiled, scratched his head, and sat back down on the sofa as instructed.
At this point, the old man spoke up again.
"However, Xiao Bao, although it's inconvenient for the government to directly intervene in this matter in Hong Kong, now that I know about it, I can't pretend to be deaf and dumb. I still have to do my part. So, in a few days, I'll arrange for someone to go to Hong Kong to find you. He can learn from you and help you with this matter. Don't worry, you'll be in charge of the whole process. It won't affect your control. You just need to be careful not to reveal his identity."
Liu Xiaobao solemnly replied, "Okay, I'll follow your arrangements, old leader!"
The old man nodded in satisfaction, then glanced at his watch: "Lunchtime is almost here, Xiao Bao, how about staying here and having a drink with this old man?"
Upon hearing this, Liu Xiaobao was overjoyed: "It is my greatest honor to share a drink with you, my old leader!"
The old man smiled, then suddenly said, "Long Yi, give the order to the kitchen to change the lunch menu to Sichuan cuisine. I want to have a couple of drinks with Xiao Bao!"
"Yes!"
Suddenly hearing an unfamiliar voice, Liu Xiaobao turned around in confusion and looked in the direction of the sound, only to find that there was now another person in the house, which had previously only contained him and the old man.
He was a man in his fifties, wearing a black Zhongshan suit, and looked quite cool.
With just one glance, Liu Xiaobao was certain that the man the old man called 'Long Yi' must be the legendary bodyguard from Zhongnanhai who was specifically tasked with protecting leaders, and definitely a top-notch expert.
After Long Yi agreed, he opened the door and went out.
Liu Xiaobao didn't press the old man about Long Yi's identity. He simply asked out of curiosity, "Old leader, do you have many experts like this under your command?"
The old man paused for a moment, then laughed and said, "What, you're thinking of taking advantage of my men?"
Liu Xiaobao shook his head: "No, no, old leader, please don't misunderstand. I was just curious about how many experts like this there are, that's why I asked."
The old man didn't pick up on that topic, but instead steered the conversation towards Liu Xiaobao.
Liu Xiaobao answered all the old man's questions, but he only recounted the past events based on the memories of "Boss Bao".
However, Liu Xiaobao's views on economic aspects and future development directions are all his own.
Through conversation, the old man grew to like Liu Xiaobao more and more, and Liu Xiaobao also felt increasingly close to the old man.
The two continued talking until lunch was ready, drinking and chatting as they went.
If Liu Xiaobao hadn't been worried about the old man's health and hadn't intentionally stopped him, the old man would probably have drunk too much at that meal.
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