Hong Kong variety show: I Am a Tycoon

Chapter 514 Confronting the Big Crocodile

After leaving the conference room, Li Yaohua made a phone call to Chen Jiajun.

“Yes, boss, we definitely can’t afford to delay Suhatuo!” Li Yaohua recounted what had happened and also explained the pros and cons analyzed by his think tank.

After listening, Chen Jiajun remained silent for a moment before saying, "You did a great job. Don't forget our ultimate goal!"

Li Yaohua rubbed his temples and said, "This matter is probably not easy to negotiate. Such a large territory, if Suharto really hands it over, I guess he himself will have a hard time explaining it to the people! I suspect that if we push too hard, it could easily lead to a lose-lose situation!"

Chen Jiajun chuckled and reminded Li Yaohua, "What do you think is the biggest problem with inkpads right now?"

"Um... economic issues?" Li Yaohua asked tentatively.

“That’s right, it’s an economic issue!” Chen Jiajun snapped his fingers and said, “If we can’t resolve the economic issue, Suharto and his Su family will be dead! So, negotiate with Suharto the same way you negotiated with Malaysia! However, this matter probably won’t be discussed openly, so you’ll likely have to use some other methods!”

Li Yaohua immediately understood and said with a smile, "I understand. Although everyone knows that Suhato is a shameless bastard, he still needs to maintain some dignity in public!"

Chen Jiajun nodded and said, "The issue of territory is never a trivial matter, and we must handle things carefully! Also, although Brunei has been less affected by the financial crisis, it will definitely be a significant blow to its import and export trade. You need to pay close attention to this!"

“I understand!” Li Yaohua nodded and said.

Thanks to Chen Jiajun's previous advice, Li Yaohua had already prepared countermeasures.

At least getting through this period shouldn't be too much of a problem.

"Alright, I have another meeting to attend, you go ahead and do your work!" Chen Jiajun said to Li Yaohua before hanging up the phone.

During his recent trip back to his hometown, Chen Jiajun met with the governor of the local central bank, and they quickly reached an agreement.

If Soros dares to bring international speculators and financial tycoons to Hong Kong, Chen Jiajun will definitely give them a good beating.

Back in my hometown, they would also provide some foreign exchange assistance "appropriately".

This win-win situation was quickly settled, and Chen Jiajun returned to Hong Kong after staying in his hometown for a week.

The trend of a financial crisis has already taken shape, and no one can change it.

During this period, the whole of Asia suffered a lot of bad luck.

South Korea, in particular, is the most tragic case, as Soros has already taken action against them.

South Korea's total foreign exchange reserves are only $300 billion.

However, the debt alone amounts to $1100 billion, and two-thirds of this debt consists of short-term loans that are due to be repaid immediately.

This time, Soros didn't buy South Korean foreign exchange, but rather shares of some companies.

The operation is still the same, you could say it's a one-trick pony that works every time.

However, this resulted in a sharp drop in the stock prices of South Korean companies, the liquidation of 16 out of 30 large conglomerates, and the immediate collapse of 15 out of 33 banks.

Not only did a large number of South Koreans begin to lose their jobs, but the suicide rate also skyrocketed.

Moreover, all of these things happened within a week.

With Thailand, the Philippines, Indonesia, South Korea, and others setting examples, the atmosphere in Hong Kong has also deteriorated.

Many wealthy individuals have begun transferring their assets, and the real estate market has also been squeezed dry of its excess liquidity.

They looked ready to abandon ship and flee at any moment.

At that moment, Chen Jiajun was having a meeting with officials from the Hong Kong Monetary Authority, the Securities and Futures Commission, and senior government officials.

After the handover, Hong Kong established three secretaries and thirteen bureaus, and the top government officials were all replaced by its own people.

That's why Chen Jiajun was willing to come and discuss how to deal with this incident together. "Mr. Chen, what's the message from your hometown?" the Director of the Hong Kong Monetary Authority asked Chen Jiajun with a worried expression.

They knew that Chen Jiajun had a good relationship with his hometown, and that he was going there to ask for help.

Chen Jiajun didn't waste any words and said directly, "They said they would provide assistance if necessary."

"Huh?" The head of the Hong Kong Monetary Authority widened his eyes: "When necessary?"

Everyone here has worked in various departments in Hong Kong, so they immediately thought that such words were just a perfunctory response.

After all, that's what the English do.

Seeing the expressions on their faces, Chen Jiajun immediately knew what they were worried about. He smiled and said, "Gentlemen, you seem to have forgotten that our hometown isn't like England. If they say they'll help when necessary, they definitely will!"

After hearing Chen Jiajun's explanation, everyone finally realized what was going on.

Now that the British are no longer in charge, they naturally won't be as untrustworthy as before.

At least for this period of time, one must have credibility back in one's hometown.

So everyone breathed a long sigh of relief.

Chen Jiajun continued, "That old guy Soros is very ambitious and has almost drained South Korea dry. Next, Taiwan, Hong Kong, and Japan will all be within his attack range. We must be prepared for this situation!"

Everyone nodded in agreement. After all, the enemy was fierce, and if they didn't prepare in advance, their fate would probably be worse than that of a pig.

They had already witnessed firsthand how that old guy Soros dismembered, crushed, and ultimately squeezed the marrow from South Korea.

Chen Jiajun addressed the crowd, saying, "I am not a government official and it is inconvenient for me to get too involved in government affairs. However, I can assure you all that the Chinese Chamber of Commerce will intervene in this battle! And we must be able to win!"

Upon hearing Chen Jiajun's resounding words, the officials nodded hurriedly: "We have heard of Mr. Chen's capabilities. If Mr. Chen can take the lead in joining, our government will have even more confidence."

The officials were not speaking without reason; Chen Jiajun's formidable fighting spirit and accurate vision have been tested by the market.

Moreover, Chen Jiajun is not alone; the Chinese Chamber of Commerce is standing behind him.

Henry Fok has stated publicly on more than one occasion that Chen Jiajun will be the next head of the Chinese Chamber of Commerce.

Therefore, Chen Jiajun can still represent the entire Chinese-funded Chamber of Commerce.

After the meeting, Chen Jiajun went directly to the residence of the Chinese Chamber of Commerce.

At this moment, almost all the well-known Chinese businessmen had gathered in the mansion.

However, the expressions on everyone's faces were different, so they weren't exactly pleasant to look at.

Upon seeing Chen Jiajun enter, the businessmen from the Chinese Business Association all stood up to greet him.

Many of those present were businessmen who had received favors from Chen Jiajun in the past, and naturally held him in high esteem.

Chen Jiajun nodded to the group and went straight into the innermost room.

At this moment, Huo Yingnan, Bao Yugang, Lin Mingze and others were already waiting in the room.

Upon seeing Chen Jiajun enter, Bao Yugang immediately pulled Chen Jiajun to sit down and said, "Jun, I heard you're planning to go back to your hometown to seek support?"

Chen Jiajun nodded and said with a serious expression, "That's right, we can't avoid this matter any longer. Relying solely on Hong Kong is probably not enough to deal with that old guy Soros, so I've made some preparations."

Fok Ying-nan said, rather unconvinced, "Is that old bastard Soros really that powerful?"

Chen Jiajun sighed and said, "It's not that he's powerful, but that the United States behind him is powerful. That old bastard, and all those international speculators, have the shadow of the United States behind them." (End of this chapter)

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