The penniless son of the penniless ...

Chapter 219 Special Meeting

"Hehe, we still have to thank this sudden car accident! Otherwise, how could we have such an opportunity to take action against Yuetian Group, and so smoothly?" Leon John looked at Zhang Junfeng tentatively and said with a smile.

To be honest, Leon John was also very curious. He was able to create so many car accidents in such a short time, sending most of the executives of Lotte Group to the hospital with serious injuries. Where did he find so many people?
You know, the police and prosecutors have been searching for a long time but have not been able to find the drivers who disappeared collectively, and the investigation progress has also come to a standstill. The tricks involved are really too big.

However, Zhang Junfeng looked normal, as if he had no reaction to this matter. If he was not absolutely sure that this matter was related to Zhang Junfeng, he would have been "fooled" by the other party's calm performance!

……

In an office in the Blue House, Secretary Jin received a tactful reply from the Goldman Sachs branch and Comet Capital, and his face was quite ugly. He didn't expect that he revealed his identity and stated his purpose, but the other party didn't buy it, which also made him very annoyed.

If these guys really succeed, Yuetian Group will inevitably face an unprecedented crisis, and the interests of officials like him who have in-depth contacts with Yuetian Group and Xing Gehao will inevitably be affected.

However, according to the current situation, it is not advisable to make a big deal. Since they asked for an appointment, we can only make an appointment as they requested and hope we can make it in time.

After all, neither the branch of Goldman Sachs in Goryeo nor Comet Capital are within his control at this level. Even Mr. Da Zhong will not easily offend the heads of these large financial institutions.

------Dividing line------

As speculators continued to "spread rumors" and build momentum, Hong Kong soon fell into an inexplicable panic. As the number of orders for shorting the Hang Seng Index in the futures market increased and the amount became larger, these listed companies in Hong Kong were terrified.

You should know that before the financial crisis, the Hang Seng Index reached a high of 16673 points. However, in just two months, the Hang Seng Index fell by more than 6000 points, and the decline once reached 45.6%. This means that 21000 trillion yuan was issued in two months, and the overall market shrunk by 1/3!

Since 1998, the Hang Seng Index has continued to fall and has now fallen below 7000 points. It is even likely to fall below the 6600 points predicted by experts!

Today's Hong Kong property market, like the stock market, has plummeted by more than 10% in less than a year. More than 1997 property owners have become "negative assets", and the overall property price is now less than 60% of the level before the financial crisis!

……

In a conference room on the top floor of the building where Cheung Kong Holdings is located.

Li Jiacheng, Chairman of Cheung Kong Group, looked at the business partners and friends present with an unpleasant expression, and said in a serious tone, "According to the current situation, those international speculators will never give up. Soros and his Quantum Fund have not made any major moves in recent times, and they must have a major conspiracy." "And the real estate market has fallen so sharply this time. Everyone present has also suffered huge losses. If we can't come up with a proper defense method, our losses may be even more severe in the future..."

Hearing what Li Jiacheng said, everyone present also looked depressed. They knew about these situations, but what could they do? These international speculators came with great momentum. They were completely unable to cope with the two strong attacks last year and at the beginning of the year.

Even if the relevant departments took action, they could only repel them temporarily, but did not completely solve the problem from the root.

Li Zhaoji of the Henderson Group was quite emotional. "As far as the current situation is concerned, if these international speculators attack the Xiangjiang stock market and property market again, we will be powerless to save the situation with our strength. The situation will definitely not be any better than the previous two times. We can only watch them plunder our wealth..."

"(Li Zhaoji) Li Laosi is right. This is indeed the case. The reason why these international speculators are so rampant is because of the shadow of America. Even Japan has suffered heavy losses. If the authorities do nothing this time, I'm afraid the outcome will be the same!"

Zheng Yutong, the chairman of the New World Group next to Li Zhaoji, is also not optimistic about this crisis. It’s just that now they, the real estate developers, are the fish in the fish and the other party is the knife. The initiative is in the hands of the other party, and they can do nothing!

After hearing what the two big guys, Li Zhaoji and Zheng Yutong, said, the others nodded in agreement. Almost no one thought that they could survive this disaster safely.

……

Seeing that everyone was in a bad mood, Li Jiacheng continued, "Everyone present here is a real estate developer and wealthy person from Hong Kong. Now these international speculators are coming with great momentum, and it is obvious that they want to cut meat from us and gain benefits. If we sit and wait for death, it will only make them more rampant, thinking that we are fat meat that can be manipulated at will!"

"It is said that 'a man is innocent unless he possesses a treasure'. If we continue to resist passively like this, it will inevitably attract more people with ill intentions to attack us and plunder our wealth!"

"I propose that we jointly launch a statement and submit a petition to the authorities, hoping that the Hong Kong authorities can personally step in to repel those foreign financial institutions in order to safeguard domestic financial order and social stability."

After hearing what Li Jiacheng said, the leaders present quickly understood what he meant. He wanted them to unite and tide over the difficulties together. As for uniting together to propose to the authorities to ask for their intervention? I'm afraid it won't be that easy!

After all, Hong Kong is not only one of the global financial centers, but also a paradise for investment. If the competing authorities rashly intervene in the market, it will inevitably cause dissatisfaction and concerns among many investors. After all, if the authorities intervene in person and scare away those investors, it will be "picking up sesame seeds and losing watermelons"!
"...Brother Li, we can consider the cooperation you mentioned. But whether we can convince the authorities to do so is uncertain." Zheng Yutong, who was standing by, gave his own opinion after thinking for a long time. In such a critical moment, cooperation is possible. As for the rest, it is hard to say.

When others heard what Zheng Yutong said, they expressed similar views. It was obviously difficult for them to survive under the attacks of these international speculators alone. Only by banding together and sharing the same hatred for the enemy, they would have a chance of survival.

(End of this chapter)