“You guys too?”

“Yes, Hong Kong is the financial center. If there is a problem here, it will naturally affect everyone in Hong Kong, especially a big company like Uncle Su’s.”

Li Guorong said worriedly: “Hey… I don’t know how your cousin is doing.”

He just couldn’t understand. Hong Kong was fine a few days ago, with tall buildings everywhere. Why was it not so good in the past few days? Even the number of people coming to the restaurants to eat Peking duck decreased a lot.

It was the first time that Li Guorong felt the horror of the financial crisis. If this continued, he was really afraid that many people would not have enough food to eat, and the streets would be filled with beggars.

“My cousin will be fine. Even if he loses some of the money he earns, the rest will be enough to provide him with food and clothing.”

Li Yi didn’t know Chen Fang’s current situation, and neither did Su Yuancheng and Su Dong.

“Well, that’s good…walk with me for a while, and then you can go back.”

“Ah.”

The father and son walked along the beach, and then Li Yi took a taxi to send Li Guorong home.

After settling his father down, Li Yi prepared to go home.

Li Mingsi stopped him and said, “Li Yi, I’m going to the bar later, do you want to come?”

Of course, she now simply regards Li Yi as a relative and just wants to find a companion when she goes out to play. Now her father Li Guokai is worried about the company, but her daughter is still happy to go to the bar to play.

“Oh, Mingsi, I have to go back to work, so I won’t go… Maybe next time, I’ll invite you after I’m done with my work.”

After all, they are relatives, so Li Yi just treats her as a sister.

“Well, don’t forget it when the time comes.”

“Will not.”

Li Mingsi had a good impression of Li Yi. He thought that this man was honest and would not embarrass him like Chen Fang did. Especially when Chen Fang came to his house for dinner for the first time, he almost hit Li Mingsi in the lungs.

At Rongkai Group, after the two came back, Chen Fang went to find Guan Lin. Li Guorong asked his assistant to take Chen Fang to visit Rongkai Group.

I also want to see if this nephew has any suggestions.

“We won’t go home at night. There are rooms upstairs for us to rest. We’ll be here on weekends.”

“Okay, I’ll listen to you.”

There must be a resting place on the roof of such a big building. Rongkai Group is a building developer, so it’s not a big deal to have a few resting rooms.

Chen Fang and Guan Lin stayed at Rongkai Group for the entire weekend. Chen Fang had a general understanding of the business situation here. Although the assets were hundreds of billions, the debts were also very high. No wonder Rongkai Group fell into crisis after the financial crisis in the play.

After the bank suffered heavy losses, it naturally needs to recover the funds. If it does not renew the loan, trouble will arise.

Of course, this is also a common problem in the real estate industry. Even after more than 20 years, it is still the same. Real estate and banks are now firmly tied together.

On Monday, Chen Fang still came to the company.

“Manager Xue, no one has contacted the outside world in the past two days.”

“Don’t worry, Mr. Chen, even if we go to the toilet, we are all together, and we must supervise each other…………”

“Well, that’s good. Tell everyone that I won’t treat you unfairly after this is over.”

“Well, thank you, Mr. Chen.”

Xue Dahua naturally believed it. If Chen Fang hadn’t been so generous, how could everyone cooperate so well?

Soon it was time for the market to open, and Xue Dahua came in to report immediately: “Mr. Chen, several stocks including Yuanda Group, Tianming Chemical, and Huaidong Heavy Industry have been suppressed by unknown funds, with an average drop of 9%.”

“Go check it out…”

Originally, I didn’t want to do anything recently, but when I thought about the fact that I still have 1 billion Hong Kong dollars in my hand, I decided to continue having fun.

By the time Chen put it away, he found that the Hang Seng Index had fallen to 6500 points. At this time, the stock index account had already suffered losses, but it was still within an acceptable range.

Xue Dahua also saw the losses, especially the string of red numbers in the account, which was particularly eye-catching.

(Hong Kong stock market is red for decline and green for rise.)

“Mr. Chen, this…”

“Don’t worry, Manager Xue, use the remaining money to buy these stocks…”

“Yes.”

Now both sides have invested hundreds of billions of funds, and these 1 billion Hong Kong dollars can’t even make a splash.

Today is the third day since the Hong Kong government entered the market. There are still ten days until the stock index settlement date. Public opinion outside is already flying all over the place, especially the voices saying that Hong Kong is not a free market, which are heard one after another.

That evening, the Monetary Authority of Singapore began to implement several suggestions made by Chen Fang, and the financial pressure on the banking industry was greatly reduced.

By the seventh day after the Hong Kong government entered the market, the available foreign exchange was already stretched to the limit, because the government was facing not only Soros, but more importantly, some local Hong Kong funds.

These people, like hyenas smelling carrion, rushed into the stock market and began shorting.

That night, the mainland mobilized the foreign exchange fund and stated that all the foreign exchange funds could be given to the Hong Kong government. Upon hearing this news, the Hong Kong government was full of confidence.

The director of the Monetary Authority of Hong Kong was particularly surprised. He did not expect that Chen Fang was right again this time. He had already predicted that the mainland would definitely help.

The next day, the stock market stopped its downward trend as soon as it opened, but the Hang Seng Index remained around 7000 points. At this time, it was purely a matter of money, and whoever had more money would win.

Time quickly came to August 8th. With the opening of the Hong Kong stock and futures markets at 28 a.m., the television station’s securities market channel became the focus of people’s attention.

The Hang Seng Index and the Futures Index fell slightly by a few dozen points, but the stock market turnover exceeded more than 5 billion Hong Kong dollars in just over 30 minutes. You must know that this was the full-day turnover before the SAR government took counterattack!

Thereafter, the Hang Seng Index and the Futures Index fluctuated slightly above 7800 points like a plumb bob in a tug-of-war, sometimes climbing a few points and sometimes dropping a few points; however, the trading volume soared straight away, exceeding HK$100 billion in about half an hour.

Anyone who has a little knowledge of the stock market can feel that if the index does not move and the turnover soars, it means that the selling is overwhelming.

By the close of trading, the Hang Seng Index remained above 7800 points.

On August 8, the settlement day for the Hang Seng Index futures contracts, the government invested huge amounts of money and finally declared victory the moment the closing bell rang that day.

Li Guokai was also happy in the Rongkai Group building. Although he fell into crisis this time, he made a profit of 30 billion in the stock index account. He entered the market at about the same time as Chen Fang. This money can greatly supplement the liquidity of the group’s funds.

From the moment the market closed at Chen Fang’s company, everyone in the company was excited. They made huge profits in terms of valuation this time. The profit from the 90 billion valuation contract alone reached more than 270 billion Hong Kong dollars.

The funds in the company’s account are now close to 40 billion Hong Kong dollars, which is a terrifying number. This amount of money alone is enough to make Chen Fang’s wealth rank among the top ten.

“Everyone will go to collect the check for 50 yuan later. Manager Xue, please make the arrangements…”

“Okay, Mr. Chen, I’ll go find the finance department right away.”

Even if they were not traders, Chen Fang still gave them a bonus of 20 Hong Kong dollars. After all, these people had done a good job of logistical work during this period.

Although it sounds unbelievable that you can earn 20 Hong Kong dollars just by doing logistics work, this is the fact.

In the end, Chen Fang gave Xue Dahua a check alone, and the amount on the check was 500 million Hong Kong dollars. The main reason was that he had recently discovered that Xue Dahua was really a talent and had no problem being a fund manager.

Xue Dahua looked at the amount and was a little surprised: “Mr. Chen, this is too much, right?”

I originally thought it would be at most one million, but I didn’t expect it to be five times more than expected.

“Take it, you deserve it.”

“Thank you, Mr. Chen.”

Xue Dahua thought about buying a house later (buying a house is called buying a building here), so that he could settle down in Hong Kong.

“By the way, if you want to buy a house, I suggest you wait…it may be cheaper later…”

“it is good.”

At this time, Guan Lin was still immersed in the fact that Chen Fang earned 40 billion Hong Kong dollars. Although it was not earned by her, it was still something to think about.

After a while, Chen Fang’s phone kept ringing. When he picked it up, he found that most of the calls were from banks, including HSBC, Standard Chartered Bank and Bank of China.

These people naturally valued Chen Fang’s huge deposit, especially since the president of HSBC was on his way to the company.

It was the same for Li Guokai. The president of the Bank of China branch called him, hoping that Chen Fang could come over to make a deposit. Due to what happened last time, he had no choice but to agree.

“Mr. Chen, the president of HSBC has arrived and wants to see you…”

Xue Dahua was so shocked that he could not describe it. The president of HSBC was a man who had the final say in Hong Kong, and yet he actually came to visit him in person. It seemed that he was really anxious this time.

Chen Fang stood up and said, “I’ll be there right away.”

After meeting the other party in the reception room, the two chatted for half an hour. Chen Fang politely declined the other party’s invitation to dinner, as he still needed to think about the deposit issue.

Guan Lin saw Chen Fang sending the other person away, and thought to herself that he was a top boss in Hong Kong, but he was so polite to Chen Fang… It seems that she has to work harder at night, otherwise she will be kicked by Chen Fang.

“Let’s go. My second uncle is treating us to dinner tonight. I guess it has something to do with our savings…”

“it is good.”

When Chen Fang arrived, he indeed met a stranger in Li’s house. The other party was the president of Bank of China Hong Kong. Although he could not compete with HSBC now, he had to know whose territory Hong Kong was.

Chapter 635: If you have money, you can do whatever you want.

I looked left and right but couldn’t see Li Mingjie. Could something have happened to this guy?

But Chen Fang didn’t ask, probably because he just lost something.

With so much money made from the market, someone must have lost money. Money in the financial market does not come out of thin air. Chen Fang only made 270 billion Hong Kong dollars, so someone must have lost so much money.

Maybe Li Mingjie’s part is also included in it.

“Chen Fang, come quickly…”

When Li Guokai saw Chen Fang, he immediately waved to him…Now he is very satisfied with this nephew, who can be called the “Buffett” of Hong Kong. This was not said by him, but by the market.

Chen Fang came over and greeted several elders first: “Uncle, second uncle, second aunt……”

This made Li Guorong and his brother very satisfied. At least now their nephew knew how to respect his elders and did not become arrogant just because he made money. This was considered stable among young people.

Don’t you even look at your age? Do you really think you are a young man?

Li Mingjie in the play is very aggressive, eager to make money in the market, and then immediately go home and slap the money on Li Guokai’s head and say: “Look, this is my achievement, the facts prove that your decision was wrong…”

“Well, come and sit down. Let me introduce you. This is President Wang of Bank of China Hong Kong…”

Chen Fang extended his hand and said, “Hello, President Wang.”

“Hello, Mr. Chen…”

President Wang is obviously more polite. Although he is the head of Bank of China in Hong Kong, Bank of China’s say in Hong Kong is very small and far less than that of HSBC.

When Chen Fang got here, he knew what was going on. Guan Lin on the other side of the table thought that this was another president of a giant bank coming to visit.

But before she could think further, Zhang Shuyuan next to her invited her to eat.

Judging from the recent times, it seems that nephew Chen Fang is very good to Guan Lin… He has brought him to dinner several times, so it’s time for her to be more enthusiastic.

After eating for a while, Li Guokai asked, “Hey, why didn’t Mingjie come back? Shuyuan, didn’t you notify him?”

Zhang Shuyuan replied: “He said he had something to do and would not come back for dinner.”

“That’s fine.”

Anyway, none of them had ever attended any of the family gatherings. His eldest son had always been on Lamma Island, and except for the last time in Beijing, Li Guorong had never seen him once. He had asked several times, but to no avail.

At this time, President Wang poured a glass of wine, raised his glass and said, “Mr. Chen, I apologize for the unpleasant incident last time. I hope we can have the opportunity to cooperate again in the future.”

Li Guokai would not be idle either, as the incident was originally caused by him: “Well… Chen Fang’s last incident was also caused by me…”

It was for this reason that when Bank of China approached Li Guokai, he did not refuse.

Chen Fang nodded: “As long as President Wang can ensure the security of the information, I will naturally not care about it. As for the cooperation, that is naturally possible.”

“Sure, sure…”

He was not stupid enough to ask for deposits here. He would discuss this matter only when he arrived at the company.

After the meal, President Wang said goodbye. He was very busy with work, and since most of the things had been dealt with, there was no point for him to stay. It was obvious that this was a family gathering tonight.

Chen Fang asked: “Li Yi, how is your work at Yuanda Group going recently?”

“It’s OK… Now President Su is ready to let me be the manager of the department…”

The next focus of Yuanda Group should be shifted to the mainland. Of course, Li Guokai also has this idea, but he is still hesitant and doesn’t know whether he should go to the mainland.

In the play, he had the help of his daughter-in-law Su Dong, but now no one knows where Su Dong is.

Li Yi was in a very complicated mood. He could not match his cousin’s current achievements no matter how much he flattered him. Didn’t he see that he was the “Buffett” of Hong Kong, with more funds than the Broad Group.

But he also figured it out. There was no need to compete with his cousin. He should just focus on being himself and take good care of Lee Kwok Leslie when the time comes.

……….

Li Guokai and Li Guorong were waiting in the study together, and they looked a little worried.