Chapter 642 The Tranquility Before the Storm Comes
Chapter 642 The calm before the storm
Li Xinghe clearly remembers that the split of Magnum Company was the trigger. Soon, the stock market shock would spread to the whole world.
And all they can do now is seize the time to prepare and deal with the coming craze.
Since there is no way to stop it, we can only try our best to save the economy of the port city.
Xu Zongcheng immediately made arrangements after receiving the news. At the same time, the Tang family and other wealthy families who supported them also started preparations and transferred all the best traders team here.
In less than half an hour, everyone had arrived at the Xu Group headquarters, and the large conference room where their senior executives held meetings had been vacated for Li Xinghe to direct operations.
At this time, several cars stopped outside the Xu Family Building, and the Xu family, the Tang family, and the heads of wealthy families all arrived.
Everyone looked solemnly in the same direction, as if waiting for a particularly important person to appear.
Soon, Li Xinghe's car arrived. When he got out of the car, the men standing behind the wealthy families were all shocked.
He never expected that the person that a big shot like Xu Zongcheng Tang Lezhang was waiting for would be a young man in his early twenties.
"Oh my God! Who is this man?
so smart?"
"My name is Li Xinghe. I attended a charity dinner with the owner of the family before, and I was lucky enough to meet him. He is an extraordinary young man."
"Oh, he is Li Xinghe?
A young man that Mr. Xu values especially?"
"That's right! It's him!"
Everyone was talking about it, and Li Xinghe had already arrived in front of the wealthy bosses.
"I'm sorry to keep you seniors waiting for so long."
Li Xinghe said apologetically.
"Xinghe, don't be polite to us."
Xu Zongcheng waved his hands and said nothing. Others did not dare to say more.
Tang Lezhang pointed to a young man in his thirties next to him and said: "Mr. Li, this is Mr. Fu Xingfu. He is the best trader in the entire Hong Kong City and is also the CEO of a large company."
"Hello Mr. Li."
Fu Xing smiled and stretched out his hand.
Li Xinghe shook his hand and said, "Hello, Mr. Fu. Thank you very much for coming to help."
"The next step will be a tough battle, and I hope all traders can fight with full energy."
"No problem, I will definitely cooperate with Mr. Li."
Although it was their first meeting, Fu Xing had obviously already understood the situation and nodded in agreement to everything Li Xinghe said.
"Also, while this is going on, I hope everyone's mobile phones will be handed over and given to the people in the logistics department for safekeeping."
"In addition, at important moments, we may have to spend the last few days in the conference room to ensure that trading can be carried out at any time."
"Well, these are all fine."
Before coming, Fu Xing had already received relevant instructions and conveyed them to his traders. All necessities had been prepared, and there would be no problem even if he spent a month in this building.
"Thank you for your cooperation. Although it will be harder this time, the rewards we provide are also extremely generous."
"In addition, if things go smoothly, everyone will be a hero, and there will be additional rewards."
"OK."
After confirming everything, everyone entered the building and came to the prepared conference room.
Desks, chairs, computers, and all the necessary items have been prepared, and there is a huge LCD screen at the front for everyone to view.
After everyone was seated and everything was ready, Li Xinghe began to command and control.
"Everyone opens the market and keeps an eye on technology stocks. Once the stock price fluctuates by more than 1%, report it to me immediately."
"Mr. Fu, let everyone open a position and distribute the 200 billion funds prepared previously to all accounts equally."
"OK."
Fu Xing quickly typed on the keyboard to start preparations, and Li Xinghe took a deep breath. The 200 billion allocated, plus the remaining 120 billion in hand, were all the principal they had to fight against the Huoyuan Fund.
The Xu family, the Tang family, and other major wealthy families all contributed basically half of their net worth, and Li Xinghe invested all the 20 billion in his hand.
Since he was determined to save Hong Kong City, he couldn't spare any blood, and this was also Li Xinghe's sincerity.
Fu Xing is the most powerful trader in Hong Kong. He started from the bottom and founded a company to become the CEO. He has hundreds of billions of funds in his hands, but this is the first time he has controlled 200 billions at once like today.
When the 200 billion was allocated, Fu Xing was so excited that his fingers trembled slightly.
All traders had the same mood. When they learned that they were participating in an unprecedented stock market war, everyone was extremely excited.
Excited, Fu Xing soon completed all the assignments according to Li Xinghe's instructions.
"What do we do next?"
Xu Yuanlong asked curiously.
"Didn't you say you want to save the port city's economy?"
Tang Lezhang said: "Those evil foreign capital want to go short, then we must rescue the market and go long, so as to keep the stock price from falling too hard."
Everyone nodded. According to their original intentions, this is indeed what they should do.
"No, I want to go short."
Li Xinghe suddenly shouted, and everyone was stunned.
Foreign capital intends to short Hong Kong stocks and cut leeks. If they follow suit, aren't they no different from villains like Li Zhou?
This is not about rescuing the market; it is clearly about aiding the tyrants! They are harming the Hong Kong economy along with foreign capital!
Everyone was very puzzled, and some showed disgust and disdain, but they did not criticize Li Xinghe due to his identity.
Xu Zongcheng did not say anything. Based on his previous understanding of Li Xinghe, he believed that Li Xinghe must have his own reasons for doing this.
Seeing that everyone's doubtful eyes were focused on him, Li Xinghe said slowly: "If you don't break it, you won't stand it. If you break it, you will stand it."
"Recharge your batteries and accumulate more energy!"
In just two sentences, everyone's doubts were instantly explained.
Those who can sit here are all smart people, and there is no need for too much nonsense between smart people.
Li Xinghe’s two sentences have already clarified his strategy against Huoyuan Fund this time.
Stock markets around the world will fall due to fluctuations, and foreign capital is very abundant. This wave of short sellers cannot be avoided or stopped. In this case, they can only wait until it hits the bottom, and then it will be the best time for them to enter the market to save the Hong Kong economy.
Li Xinghe chose to go short in order to accumulate more capital and prepare for subsequent market rescue.
All the capital is staring at the fat piece of Hong Kong stock market, preparing to enter the market to grab the meat. And Li Xinghe has hundreds of billions of funds in hand. Once he chooses to grab the meat, he will definitely grab a huge piece of fat.
Li Zhou and others may have heard about the news that the Xu family chose to rescue the market. From their perspective, Li Xinghe would definitely not short the stock market, and they would also relax their vigilance in this regard.
Li Xinghe will gain the greatest benefit if he takes the meat by surprise.
And the fat gained from short selling this time will also become an important bullet for Li Xinghe to recharge his batteries and accumulate wealth.