Chapter 1439: Xia Yu definitely cannot come up with 500 billion Hong Kong dollars!

Soon, a group of Li Jiacheng's Chaoshan allies arrived at his home one after the other.

Cheng Yutong of New World, Luo Yingshi of Eagle Group, and Lin Baixin of Lai Sun Group were all on the same level as Li Jiacheng.

Then there were Liao Liewen from the banking industry, Liu Luanxiong from finance, Yang Shoucheng from real estate and entertainment, and others.

Li Jiacheng's Chaoshan gang had a total of 25 people.

The vast majority of them were involved in the real estate industry to a greater or lesser extent.

Of course, as the incident happened suddenly, some members of the group were not in Hong Kong and therefore did not rush to Li Ka-shing's home for the meeting.

'Dad, everyone is here except for those who are not in Hong Kong,'

Li Zekai reported to his father, who was chatting with Zheng Yutong, after checking the headcount.

This sentence was also heard by the people around them, and the originally noisy living room instantly quieted down.

'Then there is no need to wait, time is of the essence, let's get down to business,'

Li Ka-shing glanced at the list and looked at Zheng Yutong, Luo Yingshi and Lin Baixin and said.

The three nodded.

'Let's get started!'

Li Ka-shing took a deep breath and said in a deep voice: 'Everyone, you all know the news. The position of the Jiuding newspaper is very clear. There is no doubt that this is under the instructions of that person, and his actions are quite unusual.'

'That's why everyone is nervous, but the more critical the moment, the more we must respond calmly.'

'If you have any concerns or ideas, you can raise them now, and we can pool our wisdom to solve them together.'

As soon as Li Ka-shing had finished speaking, his younger brother, Joseph Lau, couldn't wait to say, 'Everyone, Xia Yu has always wanted the Hong Kong financial market to strengthen. Now that he is bearish on Hong Kong stocks, what is his real goal?'

'The purpose of cashing out at a high price and shorting Hong Kong stocks is self-evident. Xia Yu is our enemy and prey. Now that his actions are in line with ours, is it possible that he has seen something and is preparing to abandon the Hong Kong financial market to protect himself?'

Liao Liewen shook his head and said, 'This shouldn't be the case. After all, the financial institutions of the Jiuding Group have lent out too many stocks. A stock market decline will only do him harm, not good. No matter how the process changes, his goal will never change!'

'Before I came here, I took the time to find out what had happened, and I didn't hear that the Jiuding consortium had a short bet with any institution.'

'Since there is no short bet, it is impossible to hedge against the losses caused by the fall of Hong Kong stocks!'

Although Liu Luanxiong is now in finance, the Liao Liewen family has been in the financial industry for decades after all, so Liu Luanxiong naturally does not have the same connections and intelligence as Liao Liewen.

Since Liao Liewen had said so, his hypothesis was naturally disproved. Liu Luanxiong opened his mouth, but did not continue to express his opinion. He looked at the others and wanted to hear their opinions.

'Mr. Liao is right, so the current reality is logically contradictory. We must figure out Xia Yu's real purpose in doing this!'

Yang Shoucheng said with a grave face.

At that moment.

Lin Baixin, with her rimless glasses, said quietly, 'I suspect that Xia Yu wants to seize the initiative.'

'He may have sensed the danger, so he dares not let Hong Kong stocks develop crazily anymore.'

'Mr. Liu is right in saying that Xia Yu has always hoped that the Hong Kong financial market will become stronger.'

'Strengthening the Hong Kong financial market is also the core industry of the Hong Kong government's most determined long-term strategy.'

'So I guess Xia Yu doesn't want us to reap the rewards recklessly. It's possible that he wants to preserve the vitality of investors and prevent them from falling into a slump.'

'That's why he took the initiative to cool down the Hong Kong stock market and control its general direction.'

'Mr. Lin is right!'

'Mr. Lin has indeed hit the nail on the head. Analysing it in this way is logical and consistent with Xia Yu's motives.'

'...'

Lin Baixin's words made many people look startled and they praised him one after the other.

'According to Mr Lin's analysis, Xia Yu is taking control of the market in stages. In a month or two, before the expiration of the VAM contract, he will definitely push up the Hong Kong stock market?'

Yang Shoucheng was a little nervous.

He had taken advantage of the high market to cash out a lot of company stocks, and at the same time, he had borrowed some stocks to short sell.

He would only be happy to see the Hong Kong stock market plummet in the next year or two.

Luo Yingshi sneered, 'That's if he can push the market up!'

'If Xia Yu is really controlling the market, then we don't need to worry so much, and we can continue to cash out,' said Luo Yingshi, laughing coldly.

'The fear is that he is not controlling the market, but instead letting the Hong Kong stock market plummet!'

'Does he want to crash the market first, and then single-handedly prop up the entire market?' Zheng Yutong's eyes narrowed slightly as he muttered to himself.

Although Zheng Yutong was muttering to himself, he was still heard by the others.

In an instant, the room fell silent.

After a long while...

Liao Liewen said in a shocked voice, 'This is impossible. How could he possibly have the strength to hold up the entire market?'

'Right now, we and the shareholders of many listed companies are cashing out our stocks. The market capitalisation of the stock market may reach 40%, which, based on the current total market value, is as much as 700 to 800 billion Hong Kong dollars!'

'Even if he were to hold up the entire market after the stock market halts, it would still cost 300 to 400 billion Hong Kong dollars, and that is still the capital requirement if he is able to operate perfectly at the bottom.'

'According to my estimate, if Xia Yu really wants to achieve the desired effect, he will have to come up with at least 500 billion Hong Kong dollars.'

'It's true that Xia Yu's Jiuding Group is very strong, and he also controls the Southeast Asian consortium.'

'But can he come up with more than 500 billion Hong Kong dollars?'

Everyone looked at each other, not believing that Xia Yu and his allies could come up with it!

'I don't believe he can mobilise so much capital!'

'If he really had that much money, Hong Kong would not still be able to accommodate us!'

'All of us here, one by one, would have long been suppressed by him!'

Li Ka-shing finally spoke up at this point, decisively stating his opinion.

To say that Xia Yu's Jiuding consortium has assets of over 500 billion Hong Kong dollars is definite. They have all investigated, and just the general situation is enough to determine that its assets exceed 500 billion Hong Kong dollars.

After all, the assets of the major banks, securities companies and insurance companies under the Jiuding Financial Group alone are a huge amount.

But assets are assets, and liquidity is liquidity!

They are completely different things!

'I don't believe it either!'

Liu Luanxiong also said firmly.

'I pay attention to Jiuding Securities every day, and as far as I know, Jiuding Securities' assets will not exceed 200 billion Hong Kong dollars. This company has the largest cash flow in the Jiuding consortium, more than Jiuding Bank's cash flow.'

'A lot of the capital of Jiuding Securities is tied up in various listed companies of the Jiuding consortium. Xia Yu is not going to let Jiuding Securities sell off these shares, so the capital will never be released.'

'Five hundred billion Hong Kong dollars, don't even think about it!'

'If Xia Yu can pull out 200 billion Hong Kong dollars in liquid capital, I'll get down on my knees to him!'

Liu Luanxiong is a typical frog at the bottom of the well. He has been spinning his wheels in the Hong Kong financial market and simply doesn't know that Jiuding Securities is now a top investment bank on a global scale, with Hong Kong Jiuding Securities only accounting for about one-third of the entire Jiuding Securities' assets!

'So, no matter how Xia Yu tosses and turns, he is a sure loser?'

Luo Yingshi said, revealing a smile.

'A sure loser!'

'That's right, even if you add in his allies, there is no way there would be this much liquid capital!'

'...'

'Everyone should not be too optimistic!'

Just then, Lin Baixin poured cold water on the situation.

The atmosphere, which had gradually become warm and relaxed, instantly became awkward.

Lin Baixin looked at Li Jiasheng and said, 'Mr Li, our current analysis is still based on the situation where the Hong Kong stock market will plummet.'

'If the Hong Kong stock market does not plummet, or the impact is not far-reaching enough, then market sentiment may not be panic enough.'

'If investors don't follow suit and sell their stocks, then Xia Yu may not need 500 billion Hong Kong dollars. Perhaps 100 to 200 billion Hong Kong dollars will be enough to prop up the entire stock market and bring the Hang Seng Index back to its current high!'

'Mr. Li, we believe in you and the Rothschild family. You must not let us down!'

Facing the burning gazes of the crowd, Li Jiacheng's pressure increased sharply.

But at this time, he could not show any trepidation.

He looked around the room and said slowly, 'Don't worry, I can't tell you the specific measures yet, but you will see the results soon.'

'No matter how strong Xia Yu is!'

'Don't forget, the Rothschild family is an old financial group, and Hong Kong is also run by the British!'

'Victory is definitely ours!'

'Everyone should think of a way to cash out as soon as possible.'

'But don't forget, we still need to leave some shares behind, so that when the time comes to crash the market, we still have something to crash!'

Hearing Li Jiasheng's words, everyone let out a sigh of relief and spoke up one after the other.

'I'm relieved to hear that, so we'll wait a little longer.'

'Then I'll go ahead with the original plan!'

'Don't worry, we'll definitely leave some shares behind to crash the market.'

...

After unifying their thinking, everyone's mood returned to normal, and Li Jiasheng took the opportunity to ask everyone to stay for lunch.

After lunch, everyone left one after the other.

Li Jiacheng timed it to contact Charles Rothschild in Hong Kong secretly and asked him to pass on a message to London.

Things had reached such a stage that he could only go all the way!

He could only succeed, not fail!

What Li Jiacheng didn't know was that the situation at his house had already been reported to Xia Yu.

Xia Yu looked down upon this motley crew.

When he thought about the situation reported by Luo Wang, and that Joseph Lau was certain that he would not be able to come up with 500 billion Hong Kong dollars, Xia Yu could not help but sneer.

A bunch of frogs at the bottom of the well!

They are not worthy opponents at all!

Let them prance around for a while longer, and then they can be dealt with easily!

The weekend passed in the blink of an eye.

Over the past two days, especially on Sunday, the Jiuding newspapers and some other newspapers that had been bought out were at each other's throats.

But overall, Hong Kong is still Xia Yu's territory as the king of the media. No matter how the enemy manipulates the media to promote Hong Kong stocks, the general trend of public opinion is still controlled by Xia Yu.

So when the market opened on Monday,

the Hang Seng Index fell without a doubt. A majority of stocks fell at the opening, and this was the small and medium investors voting with their feet!

But the short sellers are not helpless.

The stock market started like this at the beginning of the week, which would be extremely detrimental to their subsequent cashing out plan.

So the real big bears mobilised some of their funds to pick up the stocks, so that just a few minutes after the Hong Kong stock market fell, the market began to rise.

Seeing this situation, Xia Yu was not worried but happy instead.

He gave the order and his subordinates continued to sell stocks.

Batches of sell orders were placed, quickly eaten up, and turned into batches of funds entering the account.

It only lasted half an hour... an hour...

The big short sellers realised something was wrong: why were the big sell orders never ending?

The short sellers, who had been united in their cause, could no longer sit still and did not want to be made fools of any longer.

Once the first one stopped taking orders and got back to work, the market, which had been in a state of shock for more than an hour, finally began to fall again.

And the downward momentum only got stronger and stronger!