Rebirth in 1985

Chapter 11 Financial Crisis ()

A new round of action is about to begin. When Lu Shaohua cancels his vacation and returns to normal, it means that the action has begun. This is correct. All the traders under Li Yunqing and others know that a new round of action is about to begin, but no one knows what this new round of action is.

This is true. A new round of action is about to begin, but this action is not aimed at a specific target, but should be a sell-off. Yes, that's right, it is a sell-off. As early as July, we officially intervened in the Asian financial crisis, but so far, it has only been hyping the decline, and there is no sign of clearing the funds invested. Now the time is finally almost right.

According to his memory, Lu Shaohua knew that in October 97, international speculators led by Soros would change their targets and launch the third wave of attacks. There were only two targets in this third wave, namely Taiwan and Hong Kong.

Let’s not talk about Taiwan. It is none of Lu Shaohua’s business. No matter how badly Taiwan’s stock price falls or how big the gap between its exchange rate and the US dollar is, Lu Shaohua will not care. On the contrary, Lu Shaohua will make a lot of money.

But the same cannot be said about Hong Kong. Lu Shaohua's Phoenix Group is located in Hong Kong, and Phoenix Group also has many investments in Hong Kong. Lu Shaohua will not let the exchange rate of the Hong Kong dollar plummet. As for the stock market, there is no need to say more. Although Phoenix Financial withdrew part of its funds in advance, 60% of those first-tier listed companies accepted Lu Shaohua's investment. How could Lu Shaohua allow his investment funds to shrink?

There is another reason, that is, Lu Shaohua once implicitly promised the No. 1 leader that he would protect Hong Kong. Lu Shaohua can't go back on his word, right? That is not Lu Shaohua's character, let alone his style of doing things.

Judging from what happened in the past, Hong Kong was doomed. International speculators moved to Hong Kong, an international financial center, and targeted Hong Kong's linked exchange rate system. At this time, they also launched an attack on Taiwan. On that day, the Taiwanese authorities suddenly abandoned the New Taiwan dollar exchange rate, and it depreciated by 3.46% in one day.

The depreciation of the Taiwan dollar originally had nothing to do with Hong Kong, but at this time, the butterfly effect occurred again. The depreciation of the Taiwan dollar put pressure on the Hong Kong dollar and the Hong Kong stock market. Coupled with the attack, the Hong Kong dollar and the stock market fell accordingly.

On October 10, the Hang Seng Index in Hong Kong fell by 23 points; on the 1th, it fell by 211.47 points, falling below the 28-point mark. Facing the fierce attack of international financial speculators, the Hang Seng Index did not rise again until the Hong Kong SAR government reiterated that it would not change the current exchange rate system.

In just four days, Hong Kong's Hang Seng Index plummeted, and it can be said that it fell to the bottom. There is also a very important reason for all this. That is, Morgan Stanley, the financial giant on Wall Street, holds 2% of Hong Kong stocks.

If a financial tycoon holding a 2% stake announced his withdrawal from the Asian financial market during the Soros attack and dumped his holdings, which market could withstand it? Not even Hong Kong, one of the world's top financial market cities, could withstand it.

Fortunately, Lu Shaohua was reborn. With Lu Shaohua as a reborn person and a lot of money, how could the Hong Kong dollar exchange rate and the stock market fall? If it fell, Lu Shaohua would be too ashamed to see anyone.

However, it seemed a bit early for Lu Shaohua to start closing his positions on September 9. After all, the process in Hong Kong would not start until late October. It seemed a bit too early to close the Thai baht and stocks that were falling bit by bit.

If Lu Shaohua were asked to answer, he would definitely not say it was too early. There are two reasons. One is that the situation in Thailand has basically come to an end, which is nearly two months. It has already fallen to the bottom. If Lu Shaohua did not need the funds for the time being, he would have withdrawn from Thailand long ago.

There is another reason, which is the matter of the third batch of funds mentioned at the beginning. Lu Shaohua does not have much money on hand now, and he did not pay special attention to the layout in Taiwan at that time. Seeing that the opportunity is about to come, how could Lu Shaohua not make a fortune?

Even if he wanted to make a profit, Lu Shaohua had to withdraw from Thailand to have more money in his hands. While protecting Hong Kong, he also gave special care to Taiwan, which could be regarded as a disguised attack on Taiwan.

Of course, all this is not enough to explain why Lu Shaohua withdrew from Thailand so early. If you insist on a reason, Lu Shaohua would only answer with "I'm happy". In fact, this is true. Lu Shaohua can withdraw whenever he wants without anyone's consent.

"How's the situation in Thailand?" Lu Shaohua asked calmly.

"According to the data you gave, we haven't reached that point yet and it's still falling slowly." Li Yunqing's answering technique was very strange. He did not forget to use the data given by Lu Shaohua as a standard.

Lu Shaohua knew very well that it had not reached that point yet, because the data he gave Li Yunqing and others was Thailand's total losses in this financial crisis. The current financial crisis has not ended yet, so of course it has not reached that point in the data.

"Let's retreat." Lu Shaohua said lightly.

Although Lu Shaohua's tone was very calm, what was that? That was an order! Originally, Lu Shaohua didn't want to get involved in Li Yunqing's operation, but sometimes it was not okay not to get involved. Lu Shaohua needed time to arrange everything that was going to happen next, especially for Hong Kong. Lu Shaohua would not allow Hong Kong to make any mistakes, so it was right to prepare a little earlier.

"Okay." Li Yunqing didn't think Lu Shaohua was joking, so he nodded heavily and said, "I'll give them the order now, retreat!"

"Yeah." Lu Shaohua also nodded and sat down aside.

……

Soon, Li Yunqing gave the order, and after Li Yunqing gave the order, reactions from all parties were swift. The twelve teams under his command that were deployed against Thailand began to sell off, clear out their stocks, and completely withdraw from Thailand.

At the same time, the same thing happened at the Chinese Chamber of Commerce. When Li Yunqing gave the order, they also took action. They did the same thing: clearing out their stocks and withdrawing from the Thai market.

The layout is difficult but the evacuation is easy. This clearance operation at all costs without considering the consequences is very fast. It took one morning and the evacuation was basically completed. At this time, Lu Shaohua also called Li Yunqing over.

"Yunqing, we have evacuated Thailand and have funds in hand." Lu Shaohua said meaningfully, and after a moment's silence, he said, "Now that we have funds in hand, we can't just leave them alone. We need to use them. Well, we can focus on taking care of Taiwan, Indonesia, and South Korea!"

After that, Lu Shaohua paused for a few seconds, and before Li Yunqing could answer, he continued, "However, in the meantime, you must make sure that you have 5000 billion US dollars in hand to guard against Hong Kong."

"Yeah." Li Yunqing nodded, and then asked another question without thinking, "Are you planning to keep Hong Kong?"

Lu Shaohua had never told Li Yunqing whether or not to keep Hong Kong, and Li Yunqing had no problem with it. However, now that Lu Shaohua had said this, Li Yunqing finally knew Lu Shaohua's decision.

"Yeah." Lu Shaohua nodded gently and said, "I promised the people over there to try my best to keep Hong Kong."

"Don't worry, I will do my best." Li Yunqing made a promise to Lu Shaohua without any further ado.

Lu Shaohua didn't rush to speak. He smiled, glanced at Li Yunqing, and said, "Pay attention to Morgan Stanley. They hold 2% of Hong Kong stocks, which is the lifeline of Hong Kong. They may take action. If they start selling their shares, buy them all in."

"Ok."

"Well, as for the rest, you can handle it. I don't ask you to prevent the Hong Kong dollar and the stock market from falling. I just want to slow down the rate of decline. After it's over, I'll give it a boost so that Hong Kong can recover quickly." Lu Shaohua said seriously.

It is not easy to save Hong Kong. Lu Shaohua is rich and powerful, but he is always weak alone. In many cases, he needs cooperation from others. More importantly, Lu Shaohua does not want to be too rebellious and does not want to completely change history.

After being reborn for so long, history has always followed the trajectory of the previous life. Lu Shaohua does not want to completely change history. Slight changes are okay, but if it is completely changed, Lu Shaohua is afraid that what happens next will also change. This is why Lu Shaohua does not ask Li Yunqing to completely save Hong Kong.

"If that's the case, there's basically no difficulty. We just have to invest money." Li Yunqing said with a smile.

Lu Shaohua smiled again, patted Li Yunqing on the shoulder, and said, "Don't worry, I won't let you fight alone. The Chinese Chamber of Commerce will also help you. Well, you can tell them now and let them have a holiday after they have cleared the area. There will be no action in more than half a month."

"Okay." Li Yunqing finally understood, and at the same time he guessed the approximate time when the situation in Hong Kong would occur.

From the flicker in Li Yunqing's eyes, Lu Shaohua saw what Li Yunqing was thinking, but Lu Shaohua didn't say much, just smiled and said, "Let's go talk to them first. I guess they have all evacuated Thailand by now and are just wasting time."

"Ah."

Li Yunqing went to convey Lu Shaohua's order, and then, without paying any attention to Liu Mingzhang and the others, he came to Lu Shaohua and said, "The day before yesterday, the man surnamed Feng asked Mingzhang to bring a message, saying that he wanted to see you, what do you think?"

"He wants to see me?" Lu Shaohua frowned and thought for a while. He didn't know why, but Lu Shaohua was happy to meet him. "See him, the day after tomorrow. The day after tomorrow, let him come to my villa. I have something to see him about."

"Then I'll go talk to him." Li Yunqing nodded in response.

Hearing this, Lu Shaohua was about to say something else, but unfortunately, Lu Shaohua's cell phone rang at this time. He took out the phone and saw only two words "hospital" on the screen. There was only one possibility for the hospital to call at this time, and that was about Qin Sichen.

He quickly pressed the answer button and said anxiously, "This is Lu Shaohua, what can I do for you?"

"What did you say...I'm about to give birth...Okay, I'll be there soon."