Extraordinary Genius

Chapter 986 - Feign attack on Hong Kong

Chapter 986 – Feign attack on Hong Kong

“Boss, Hang Seng Index is increasing abnormally!” He Zhaoji called Feng Yu to report.

“You are saying that someone is pushing Hang Seng Index up?” Feng Yu frowned. Is Soros going to attack Hong Kong again?

Feng Yu has accepted the interview from <Forbes> to let everyone know he is one of the world’s top Billionaires. He thought this could serve as a warning to Soros not to try his luck in Hong Kong. Is Soros still trying to attack Hong Kong? Did he think that after Feng Yu pay off his debts and made some investments, he does not have any cash in hand?

“It must be someone doing this on purpose. Although we cannot find out all the owners of those trading accounts, some of them are from the Quantum Fund!” He Zhaoji replied.

“Calm down. Check with Professor Liang and the rest first. Never mind. I will call them. Prepare to cancel our Yen future contracts.”

After hanging up, Feng Yu called Professor Liang.

“I had just found out about this matter and had discussed with the Fu family. All of us need to be prepared, but it’s hard to get the other families to support us. All of them do not have so much cash in hand.” Professor Liang felt helpless. He knows they can win against Soros, but it will not be an easy victory.

“Ok. I will return to Hong Kong tomorrow, and we can discuss it together. If we can win against Soros once, we can win the second time!” Feng Yu is not very confident this time, as the victory will depend on the international speculators’ support.

Even if Hong Kong won in the end, it would also be a narrow victory. It will be a lose-lose situation for Hong Kong and Soros!

But when facing Professor Liang and the rest, Feng Yu must put up a brave front.

The next day, Feng Yu went to Fu Rongqi’s company immediately after he landed. Fu Rongqi and Professor Liang were waiting for him.

“Uncle Fu, Professor Liang, have you all contacted the rest of the families? Are they willing to support us?” Feng Yu asked.

Fu Rongqi shook his head. “Those families did not give us a confirmed answer. The Fu Family had helped them previously, but Fu Guangzheng’s property reforms had hurt their interests. This is considered they had returned the favor. Also, many of them are scare of futures trading now.”

“How much cash can we raise?”

“My side can raise around 8 billion USD, and Guangzheng and the rest have about 200 million. What about you?” Fu Rongqi does not have so much cash.

“After Kirilenko and I repaid our loans and invested some of our money, we have less than 13 billion USD.” If Feng Yu canceled his Yen contracts now, they would not get any profits.

“That means we only have around 20 billion USD at our disposal. This is not enough to stop the Quantum Fund, but we still have the Hong Kong Government. When Soros attack Hong Kong, the Government will not sit around and do nothing!” Professor Liang is more confident now. He had studied about Soros’ tactics and had prepared measures to defend against him!

“Soros is not that scary. Nephew Feng is now the world’s second Billionaire. If he steps forward and declares war on Soros, I believe many people will support him.” Fu Rongqi said.

International speculators have around 70 billion USD of funds, and they will rush forward if there are profits to be made. These people do not care about the life and death of others, and they had played an important role in creating the Asian Financial Crisis.

These speculators only believe in making money and will exploit any loopholes in the financial systems, as it is not illegal. Without them, Soros will not bring down a government by himself. Soros can attack several countries at once because he had the support of these speculators!

Feng Yu starts preparation. They are not worried about HKD and is only worried Soros will mess up Hong Kong’s stock market and create problems in the financial systems.

If Hong Kong’s banks have credit issues, the whole economy might collapse.

……

“Boss, Feng Yu had returned to Hong Kong. I think they had found out what we did. But it also means that they might have fallen into our trap!” Drucken Miller proudly said as he was the one who came up with this plot.

Feinting an attack on Hong Kong, and hold Feng Yu and his allies there, while they attack Russia.

Because of the interference of IMF, Soros and his men can no longer make any money from the Southeast Asia countries. So, they had a new target. Russia.

Russia’s financial system has loopholes, and Soros has more funds now. They firmly believe that they can make lots of money from Russia, and the Quantum Fund will become the strongest fund in the world. Soros will also become the top Billionaire on <Forbes> list!

Bill Gates? Feng Yu? Warren Buffett? They will all be ranked behind me!

Other people might be afraid of Feng Yu’s title as the World’s Second Billionaire, but not Soros. This time, he might even cause a fallout between Feng Yu and that Russian tycoon!

“Hahaha… Without them messing up our plans, we will get a big victory in Russia!” Soros laughed.

“When they realized what was happening, it will be too late, and they can only watch Ruble depreciate. I am interested to know what Feng Yu will do. Will he join us to short Rubles, or try to push up the rates? What will his Russian partner, Russia’s top Billionaire, do?”

“If Feng Yu is smart, he will join us. Although it is a bit too late, he can still get some profits. If he still insists on his ways, he might be kicked out of the <Forbes> list!”

“Hmph! Feng Yu had made so much money from the crisis, and he pushed all the blame to us. This time, we will teach him a painful lesson! If he tries to stop us, his assets will shrink by at least a zero!”

Quantum Fund’s four top managers thought nothing of Feng Yu. They had forgotten they had suffered defeat by Feng Yu before!

“Spread rumors that Hong Kong’s stock market is on a bull run.” Soros smiles. If people believe the rumors, the stock market will rise, and Feng Yu will be more worried that it was Soros doings.

Soros and his men are not going to attack Hong Kong. Their target is Russia. Once they defeated Russia, they might turn their guns in Hong Kong.