Chapter 1438: Once the first stone is dropped, all the enemies panic!

"Understood, I will definitely follow your instructions!'

Yuan Tianfan responded to Xia Yu's instructions with his head held high and his chest puffed out.

'Mm!'

'Do a good job and report back to me at the first opportunity.'

Xia Yu's eyes flashed with a touch of appreciation, and he patted Yuan Tianfan on the shoulder and instructed him.

'Thank you, Chairman, for your encouragement. I will continue to work hard!'

...

After having a cup of tea, Xia Yu left Jiuding Securities.

Considering that other financial institutions under his command might not have understood his true intentions and might have the same problems as Jiuding Securities,

Xia Yu went to the Jiuding Financial Building, gathered the heads of each major institution, and held a scheduling meeting to unify their thinking.

The result of this move was that after the market reopened on Monday afternoon, trading in Hong Kong stocks became extremely fierce.

The market, which had been steadily rising, was in violent turmoil.

This wild sell-off completely disrupted the battle plans of other short sellers. That afternoon, the major institutions in Central were filled with angry shouts.

Almost every institution held an emergency meeting after the close of trading to study and analyse the current situation and readjust their battle plans.

But Xia Yu didn't care about any of this.

After the day was over, according to the data reported by Liu Tianci on the Hong Kong Stock Exchange, the trading volume that day exceeded 20 billion Hong Kong dollars, reaching 20.753 billion Hong Kong dollars.

And the dozens of institutions on Xia Yu's side combined to withdraw 8.422 billion Hong Kong dollars in capital, accounting for 40.6% of the total trading volume for the day!

This is a pretty terrifying proportion!

After all, these are different times. The total market value of Hong Kong stocks now exceeds 2 trillion Hong Kong dollars, not the stock market of just a few hundred billion Hong Kong dollars back then!

On Tuesday, Hong Kong stocks continued to fluctuate, trading remained fierce, once again maintaining a breakthrough of 20 billion Hong Kong dollars. Xia Yu's side once again returned a record high of 9.218 billion Hong Kong dollars.

However, the consequence was that the Hang Seng Index closed 7 points lower than it did on Monday.

On Wednesday, another HK$8.184 billion was withdrawn, and the Hang Seng Index fell another 10 points.

In three days, HK$25.824 billion was withdrawn, and with the funds withdrawn previously, Xia Yu has cashed out HK$73.115 billion from the stock market.

The liquidity has increased by more than US$10 billion on top of the US$100 billion base.

And after three days had passed,

there was a more obvious change in the direction of public opinion.

Although Xia Yu's Jiuding newspaper still did not have a clear position of being bearish or bullish, many financial writers in other financial media had already called on investors to remain calm and invest, analysing that the current situation was chaotic and not normal.

On Thursday and Friday, the trading volume of Hong Kong stocks did not exceed 20 billion Hong Kong dollars again, and market sentiment began to return to calm.

By the end of trading on Friday, the Hang Seng Index closed at 4388.4 points, and the total market value of Hong Kong stocks had unexpectedly fallen below 2 trillion Hong Kong dollars again!

In the past two days, Xia Yu's difficulty in implementing the liquidation plan has also increased considerably, and only 12.429 billion Hong Kong dollars have been returned to the market.

A total of 85.544 billion Hong Kong dollars has been cashed out, which has already reached Xia Yu's psychological expectations.

Xia Yu doesn't want to wait any longer!

Although the Hang Seng Index has now fallen back to a certain position, 4,388.4 points is still a very high position.

He doesn't want to let the enemy continue to cash out at such a high position.

Even if he had hundreds of billions of dollars, it would be difficult to surpass the current height of 4,388.4 points if he had to bear the brunt of the situation.

It would be even more difficult to rise to an even higher position.

The greater the room for decline, the more benefits for the short sellers.

The smaller the room for rise, the less risk and loss for the short sellers.

Any fool can tell which choice to make.

So early on Saturday morning,

the Jiuding newspapers finally bared their fangs.

'There are risks in stock speculation, so be cautious when investing!' - Jiuding Daily

'Warning! Shareholders of major listed companies are scrambling to reduce their holdings!' - Nanyang Commercial Daily

'Beware of the abyss beneath the blossoming flowers!' - Sing Tao Daily

'A comprehensive analysis of the strange movements of Hong Kong stocks in the past month.' - South China Morning Post

'...'

Jiuding newspapers all sell well, and with the support of the most comprehensive channels, they can easily cover the whole of Asia.

The reason for the prosperity of the Hong Kong stock market is that investors from outside Hong Kong Kong have played a huge role.

At this time, the major newspapers urged investors to remain calm, and even poured cold water on the market. Many investors have come to their senses.

Unfortunately, the market is closed at the weekend, so even if some investors want to sell some of their stocks to reduce their risks, they can't do it.

Public opinion had changed so much that the branches of the major short sellers in Hong Kong immediately reported the situation to their superiors.

...

'Jacob, just as you predicted, Xia Yu doesn't want us to cash out successfully!'

'This is the specific situation, take a closer look.'

When Evelyn Locher received the news, it was already late at night in London. He was about to go to bed, but the news startled him so much that he hurriedly got up and knocked on Jacob Locher's door to wake him up.

Jacob Locher was also in a bad mood.

He took the fax Evelyn Locher brought and after just a moment's glance, his face turned dark.

After reading it, he was so annoyed that he directly threw the fax onto the tea table.

'It really happened.'

Evelyn Locher asked anxiously: 'Jacob, judging from the current situation, we will have to readjust the plan we re-negotiated last week.'

Jacob Locher took a sip of water and took a few deep breaths to calm himself down.

'Evelyn, to what extent have we implemented our cash-out plan this week?'

Evelyn Locher already had the data in hand, and he said directly: 'This week we have cashed out HK$10.83 billion.'

'Adding the previous data, we hold HK$51.34 billion worth of stocks, and currently still have HK$18.16 billion worth of stocks left, leaving HK$33.18 billion in stocks. The actual sale proceeds were HK$35.12 billion, temporarily making a profit of HK$1.94 billion.'

'Of course, this floating profit does not take into account the actual profit and loss of the other HK$18.16 billion worth of stocks.'

Jacob Rothschild narrowed his eyes and chewed on the figure '18.16 billion Hong Kong dollars'.

After a few seconds, his face darkened a little more.

With these 18 billion Hong Kong dollars worth of stocks, if the plan agreed upon last week is executed smoothly, the liquidation can definitely be completed in the next two weeks.

But now, the situation of public opinion in Hong Kong has suddenly changed, and it will be more difficult to sell successfully.

'Jacob, we must reconvene everyone for a meeting.'

'But I personally suggest that we ignore extraneous factors and influences and focus on clearing our stocks, as the Hang Seng Index is still high.

'Even if the Hang Seng Index falls below 4,000 points, as long as we can sell our stocks, we will definitely make a profit.'

Evelyn Rothschild sighed, then gathered her spirits and gave Jacob Rothschild a pertinent piece of advice.

'I know that the situation has suddenly changed, and we must change with it.'

...

Many people in the UK are unable to sleep well.

And here in Hong Kong, it's still broad daylight on a Saturday, so it's even less likely that anyone will be sleeping.

Li Ka-shing was still at home and had not yet gone to the office when he was shocked by the content of the newspapers.

His son Li Zekai's reaction was even greater.

'Dad, it doesn't look good. So many newspapers have published articles with large and multiple spreads, which are badmouthing Hong Kong stocks.'

'This must be Xia Yu's conspiracy!'

'Dad, do you think Xia Yu has discovered our actions?'

Li Zekai's nerves had become very sensitive, as if he had a guilty conscience.

'Impossible, don't be ridiculous!' Li Jiasheng immediately snapped.

What he didn't know was that, under this harsh rebuke, his tone was not as resolute as usual.

Li Zekai immediately shut up, lowering his head not knowing what to say.

Just then.

The phone on the table suddenly rang urgently.

'Ring ring ring...'

Li Zekai, who was distracted, was startled. After seeing that it was the phone, he glanced at his father Li Jiasheng and then obediently answered the call.

'Hello... Oh, Uncle Zheng, good morning!'

'Yes, my father is at home. You want to come over, right? I'll put him on the phone.'

Li Zekai covered the receiver and whispered to Li Jiasheng, 'Dad, it's Zheng Yutong. He's probably asking about the same thing.'

Then he handed the phone to his father, Li Jiacheng.

The two men didn't speak for long before the call was disconnected.

But Zheng Yutong's call seemed to be a signal, and soon Luo Yingshi, Lin Baixin, Yang Shoucheng, Liu Luanxiong and others called one after the other to ask about the situation.

Liu Luanxiong, in particular, who had already made a name for himself in the financial market, was like a fire on his butt.

These members of the Chaoshan Gang were the staunch allies of Li Ka-shing.

After receiving a dozen phone calls, Li Ka-shing let out a long breath, but then his head started to swell again.

The situation had suddenly changed, and his allies who had participated in the secret operation together were uneasy.

He was no exception. However, as the leader of the plan, he had to bear the burden and figure out the situation as soon as possible.

Otherwise, he was afraid that there would be a disaster!