Treasure Island 1992, starting from the Four Little Heavenly Kings

Chapter 432: Support 17 billion Hong Kong dollars

In mid-July, Chen Qiming's "97 World Tour" officially started selling tickets.

Originally, Chen Qiming thought that due to the financial crisis, ticket sales for this round of concerts would be affected.

As a result, what he didn't expect was that after the ticket sales for this round of concerts started, all tickets were sold out in just twenty days.

One hundred and fifty concerts worldwide were sold out.

And in just twenty days.

This amazing result immediately shocked the media.

"Tickets for Chen Qiming's global tour concert are all sold out in 20 days"

"The financial crisis has not affected Chen Qiming, and tickets for the concert are hard to get"

"Chen Qiming is already a true international superstar"

When the media was reporting the news about Chen Qiming's concert, Chen Qiming had already entered a state of seclusion, spending every day either in the rehearsal room or at home.

Time passes day by day, and September comes in a blink of an eye.

On September 97st, "Chen Qiming World Tour" officially started.

The first stop is Baodao.

There were five consecutive games, with an average attendance of 3.7 people per game.

The second stop is Hong Kong Hung Hom Stadium.

There were also five games, with a total of 17 people on site.

Among them, in several concerts in Hong Kong, Chen Qiming invited Lin Zixiang, Leon Lai, Michelle Ye, and Andy Hui to help out.

After five concerts in Hong Kong, Chen Qiming began to move to the mainland.

As the mainland's economy has taken off in recent years, consumption levels in major cities have increased. In this round of concerts, Chen Qiming directly held 30 concerts in the mainland.

Five in Shanghai, five in Shenzhen, five in Chongqing, five in Beijing, five in Chengdu, and five in Xi'an.

In every game, Chen Qiming invited heavyweight guests to help out.

Shenzhen invited Xie Xiaodong, Shanghai invited Andy Lau, Chongqing invited Liu Huan, Beijing invited Wei Wei, Chengdu invited Tu Honggang, and Xi'an invited Zhou Huimin.

A large number of heavyweight guests, coupled with Chen Qiming's popularity, made this concert directly reach the top of history, creating a concert with the largest number of attendees, the largest guest lineup, and the most stars in the audience.

How popular is Chen Qiming's concert this time?

Let's put it this way, in order to watch his concert, many mainland actors and singers traveled thousands of miles to go straight to his concert.

This concert was also the one where Chen Qiming took the most photos with others.

In addition to taking photos with some of the more popular celebrities in the mainland, there are also several celebrities who will be very popular in the future who came to the scene as fans and took photos with him.

For example, future movie queen Zhang Ziyi, TV star Hu Ge, and movie king Chen Kun.

These stars, who are still in school and will be popular in the future, all came to Chen Qiming's concert and waited in the back channel to take photos with him after the concert.

After finishing his concert in the Mainland, Chen Qiming flew to Singapore non-stop.

Five consecutive games in Singapore and three in Malaysia.

Then came Japan, South Korea, and Thailand.

After Asia, there is America.

Chen Qiming also held thirty concerts in the United States.

Influenced by the album "baby", this concert was extremely popular.

The venue was full.

Moreover, this round of concerts in the United States also created a record that directly matches Michael Jackson's concerts.

At the concert in Los Angeles, nearly fifty people fainted and were taken away by ambulance because they were so excited.

After finishing his concert in the United States, Chen Qiming went on to Canada, Australia and then Europe non-stop.

Even in Africa, Chen Qiming opened 20 games.

However, compared to other regions, concerts in Africa are not full.

There's no way around it, it's too poor here, and the cultural industry is underdeveloped. If you don't lose money, you're already considered awesome.

And when Chen Qiming was holding concerts all over the world.

Hong Kong has entered a cold winter in October.

After more than two months of spreading, the financial turmoil, that is, the economic crisis, has finally affected Hong Kong.

International speculators, led by Soros, began to set their sights on Hong Kong.

10 month 20 day.

Guo Dongqiang turned on his computer early and waited for the Hong Kong stock market to open.

Today is a special day. 10 years ago today, it was "Black Monday" for the U.S. Wall Street stock market.

The joyful atmosphere of the return has not yet dissipated, but people are already feeling the tense atmosphere of dangers and undercurrents.

Anyone with a sense of smell knows that a storm is coming.

In recent months, Southeast Asian financial markets have experienced a storm.

In early July, the Bank of Thailand was forced to announce the implementation of a floating exchange rate system, abandoning the 7-year-old exchange rate system where the baht was pegged to the U.S. dollar.

On the same day, the Thai baht plummeted 20%. On July 7, the Governor of the Bank of Thailand, Luncha Malaja, announced his resignation. On August 29, the Bank of Thailand decided to close 8 financial institutions. At this point, the Thai baht finally lost its position.

Immediately afterwards, the exchange rates of the Philippine peso, Malaysian ringgit, and Indonesian rupiah plummeted against the US dollar.

The violent financial crisis hit these countries to the bottom.

On August 8, crisis-ridden Thailand was forced to agree to accept the International Monetary Fund's standby loan plan and a package of measures that came with stringent conditions.

For many Southeast Asians, a fortune they once had has been wiped out in an instant.

Malaysian Prime Minister Mahathir Mohamad said this in an interview: "The economic system we spent 40 years building was suddenly destroyed by this idiot with a lot of money."

Who is this idiot?

There is no doubt that this idiot with a lot of money is George Soros.

The financial turmoil in Southeast Asia made it obvious to Guodongqiang that while they were winning big in Southeast Asia, the next target that Soros Fund and Tiger Fund coveted was definitely Hong Kong.

Soros is about to attack Xiangjiang.

On the 20th, this day was the most anxious day for Guo Dongqiang. The Hong Kong stock market began to fall.

It’s another “Black Monday”.

The atmosphere of terror began to spread in Hong Kong. In contrast, investment analysts on the other side of the world are celebrating.

道·琼斯指数在经历了一周之间跌落210点之后,当天却反弹了74点。    10月21日,香江恒生指数又下跌了765.33点,10月22日则继续了这一势头,下跌了1200点。

Shortly after the stock market closed in Xiangjiang that day, Guo Qiangdong was worried about the financial market in Xiangjiang.

A mysterious phone call came to the dedicated line on Guo Dongqiang's desk.

"Yes, this is Guo Dongqiang." As soon as he picked up the phone, Guo Dongqiang immediately recognized the other party's voice.

Hearing this voice, Guo Dongqiang was uncharacteristically humble: "My analysis is: after three days of preparation, these international speculators are about to launch a general offensive."

Guo Dongqiang paused briefly, giving himself some time to think, and then continued: "Please tell Xiangjiang to pay attention to the foreign exchange market. The strategy of international speculators is to short the currency and the stock market at the same time, forcing interest rates to rise, causing the stock market to fall. Earn double profits from the foreign exchange market and the stock market. Their methods of attacking Hong Kong exchange rates, Hong Kong stocks, and futures indexes will be very cunning, and they will attack in the east and in the west."

Guo Dongqiang held the phone on his shoulder while tapping the keyboard quickly. "Be careful of their use of over-the-counter option contract techniques to cover up their sniper deployment, so that the sniper attack can be unexpected and come like a sudden storm. Pretending to attack the Hong Kong exchange rate is actually to gain profits from futures speculation."

Looking at the data displayed on the computer screen, Guo Dongqiang briefly gave some technical explanations. "Okay, I'm always ready to help you."

After hanging up the phone, Guo Dongqiang breathed a long sigh of relief. After just a few minutes of talking on the phone, sweat began to form on his forehead.

He was under great pressure, and the form this time was very dangerous. He could not imagine what would happen if he made a mistake.

Smoking a cigarette silently, he began to think about how to deal with it.

After a while, he had an idea.

At this time, only by confronting the opponent head-on can we have a chance to win.

Otherwise, Hong Kong may suffer the same fate as Thailand.

And if you want to go head-to-head, your own side must have sufficient funds.

If this war really happens, it will be a protracted war.

If there are not enough funds, everything will be in vain.

Therefore, for now, let Hong Kong banks prepare funds.

At the same time, contact local wealthy businessmen in Xiangjiang as much as possible to ask them to lend financial support.

As soon as he thought of it, Guo Qiangdong immediately called Xiangjiang and told them his idea.

The stock market has fallen sharply in recent days, and Xiangjiang has already noticed it. Therefore, after acting as a bridge above and handing over the blocking task to Guo Qiangdong, Xiangjiang immediately began to fully cooperate.

In addition to their own funds, banks in Xiangjiang began to actively contact wealthy people, companies, and groups from all parties.

Chen Qiming was also one of the people contacted.

During this period, Chen Qiming's massive collection of funds could not be hidden from the management agency at all.

The bank clearly knows that Chen Qiming currently has a large amount of liquidity on hand.

So, the call was made to Chen Qiming.

After receiving the call, Chen Qiming did not hesitate. Chen Qiming was still able to handle matters related to the national economy.

When the other party just asked if he could help, Chen Qiming agreed and lent his own working capital of HK$17 billion to the bank.

The reason why he did not lend all of his money was because Chen Qiming saw new investment targets.

In October, Lin Baixin, the chairman of ATV with the largest shareholding, was involved in a land case in Baodao and was detained in Baodao.

Coupled with poor management, ATV is currently losing hundreds of millions, so the Lin family intends to sell their shares.

Chen Qiming is very interested in the shares of ATV and plans to take over the TV station.

Therefore, he left himself HK$500 million. (The protagonist owns 1.4 billion yuan, which is about 2.2 billion yuan in Hong Kong dollars)

However, even if all the funds are not spent, the 1.7 billion funds provided by Chen Qiming are still at the forefront of all Chinese, red-chip, and blue-chip supports. And because of his willingness to help the SAR government tide over the difficulties, He also succeeded in making Hong Kong have a favorable impression of him.

Just the day after he agreed to spend 1.7 billion to help, he received news that his settlement in Xiangjiang was settled.

Not only that, he was also promised that he would be awarded a medal.

Obviously, for people like him who are willing to help the country in times of crisis, the country will not treat him badly.

On October 10, according to the predictions of Guoqiangdong and many financiers, Hong Kong's linked exchange rate system came under attack from international financial speculators for the first time. They sold Hong Kong dollars in large quantities to exchange for U.S. dollars.

Hong Kong’s financial authorities have also begun to use their huge foreign exchange reserves to absorb Hong Kong dollars in a tit-for-tat manner.

At the same time, interest rates were raised and money was tightened.

Hong Kong's interbank interest rate, which was only about 21% on the 7st, once soared 300 times.

In this market atmosphere, Hong Kong stocks suffered their fourth consecutive setback, falling 10.41%.

The Hang Seng Index and futures market index fell more than 1000 points.

Hong Kong SAR Financial Secretary Donald Tsang said on the same day that he did not think this was a stock market crash.

Hong Kong's basic economic factors are good. The stock market's decline is mainly due to the temporary speculative influence of external factors. Investors do not need to panic.

He believes that no matter what, the SAR government must first defend the Hong Kong dollar exchange rate.

Although there was speculation on the Hong Kong dollar the night before, the speculation had subsided by this time.

At the same time, Hong Kong Monetary Authority President Yam Chi-kang also gave a speech, claiming that the Hong Kong Monetary Authority had repelled speculators the night before.

On the 24th, after falling sharply for four consecutive trading days, the Hong Kong stock market rebounded strongly on that day. Chinese and foreign funds similar to Chen Qiming's funds entered the market. 4 blue-chip and red-chip listed companies repurchased shares from the market, promoting the general market. The market rose.

The Hang Seng Index rose 718 points, or 6.89%.

Following the strong rebound in the stock market, the Hong Kong dollar exchange rate returned to stability.

At this point, this thrilling battle to defend the Hong Kong dollar has come to an end, and the Hong Kong Monetary Authority won with difficulty.

In this campaign, speculators sold a total of more than 400 billion Hong Kong dollars, making profits of several billion Hong Kong dollars in the securities market.

However, although the matter has come to an end for the time being, it is not over yet.

Many discerning people, including Chen Qiming, know that this defense battle has just begun.

Because when the stock market war broke out in Hong Kong, stock markets around the world also experienced a vicious cycle of general plummets.

On October 10, the Dow Jones Index in New York plummeted by nearly 27 points, the worst drop in history, which resulted in an automatic one-hour suspension.

The Tokyo stock market plummeted by more than 800 points after opening. On the 28th, Hong Kong's Hang Seng Index plummeted by more than 1400 points, a drop of 13.7%. It reached a low of 8775.88 points throughout the day and closed at 9059.89 points. The number of points dropped was the largest in history. Under this situation, the fluctuations in the Hong Kong stock market are not limited. Due to its own factors.

However, this has nothing to do with Chen Qiming for the time being.

He doesn't know much about finance and can't do anything else except provide financial support.

He can only choose to believe that the SAR government can win this victory.

Of course, he is convinced that although Hong Kong will be affected by this financial war, it will definitely win.

However, this war may last for a long time.

(End of this chapter)

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