The Great Sage Returns from Ten Years of Imprisonment
Chapter 332 The Media with Ulterior Motives
As they walked, Director Li gestured for Ling Yun to slow down and whispered a reminder to the others in the group to keep a little distance between them.
Everyone nodded and then distanced themselves from them.
Immediately afterwards, Director Li said in a low voice:
"Regarding the issue of CITIC Pacific's stock price potentially collapsing, which you mentioned yesterday, I immediately relayed it to Vice President Wang and relevant leaders of CITIC Group."
"This suggestion was taken very seriously, and the relevant departments immediately organized a team of experts to conduct a simulation and verification overnight. The simulation's conclusion was highly consistent with your result."
"If CITIC Pacific does not suspend trading immediately, its shares are likely to crash quickly when Hong Kong stocks open on Monday, resulting in staggering losses."
"Upon obtaining this conclusion, the relevant departments immediately took action, and as expected, CITIC Pacific will issue an announcement tomorrow, declaring an emergency suspension of trading."
"Until the issue of that leveraged foreign exchange options contract is properly resolved, CITIC Pacific shares will not resume trading in the short term; this is a last resort."
"Vice President Wang highly appreciates your contributions to this matter, and SZ will speak with you after the National Financial Work Conference concludes."
"You need to be mentally prepared. SZ will likely consult you on how to resolve this crisis at CITIC Pacific. I'm sure you have a solution."
"Oh, you're too kind!"
Ling Yun quickly said something polite, then chuckled softly and said:
"If CITIC Pacific announces an emergency trading halt, those 13 international investment banks that were sharpening their knives and ready to reap the rewards will be furious; their wishful thinking will be thwarted!"
"Besides using that leveraged foreign exchange options contract to scam CITIC Pacific, I'm sure those bastards are also heavily shorting CITIC Pacific stock. That's the real killer move."
"Now that CITIC Pacific's stock has suddenly been suspended from trading, all of those bastards' funds have been frozen. If there are any high-leverage short-term loans involved, they'll definitely be in big trouble!"
"Some people might go bankrupt because they make a fortune but can't cash out in time. That's how we deal with those bastards. We can't let them set traps and harvest our businesses time and time again."
"Hahaha, you're ruthless! This result sounds so satisfying!"
Director Li chuckled and gave a thumbs up.
"More and more Chinese companies will invest overseas. We can't always be on the defensive; we also need to learn how to fight back."
Ling Yun smiled and nodded, continuing his eloquent speech.
"After this sharp counterattack, I believe those bastards will be much more restrained when cooperating with our overseas companies in the future, and won't dare to go too far. Otherwise, we could still deal with those bastards."
"As for the problems currently facing CITIC Pacific, they are actually not difficult to solve. I thought about it last night and there are several ways to approach it, including hedging risks in the international foreign exchange market..."
As they spoke, they arrived at the east exit of the parking lot.
From their position, they could clearly see the bustling and lively scene in the square in front of the hall.
The square in front of the hall was filled with leaders at all levels of the economic and financial system, senior executives of numerous financial institutions, experts and scholars from all walks of life.
Of course, there were also a large number of media reporters carrying long lenses and cameras.
As the global financial crisis intensifies, this national financial work conference in China has received high attention from numerous international media outlets.
These international media outlets sent reporters to cover the national financial work conference.
As a result, foreign journalists from all over the world and from various international media outlets can be seen everywhere in the square.
These guys did their homework; the people they interviewed were mostly heavyweights in the domestic economic and financial system.
Seeing the situation in the square, Ling Yun and Director Li tacitly stopped talking and ceased their discussion.
Not only that, Ling Yun quickly slowed down, widening the distance between himself and Director Li, or rather, hiding behind Director Li.
Director Li's secretary quickly stepped forward and, in the blink of an eye, had taken Ling Yun's place.
They used their bodies to shield Ling Yun, cooperating perfectly without making a sound!
Meanwhile, some reporters in the square had already noticed what was happening.
"Look, Director Li from the State-owned Assets Supervision and Administration Commission is here! He's a very important leader. If we interview him, we might get some important information!"
"That's true. The State-owned Assets Supervision and Administration Commission (SASAC) controls countless state-owned enterprises, including many large financial institutions. Director Li is definitely the focus of this meeting."
As several reporters shouted, more media reporters turned to look in this direction.
The next moment, these guys suddenly rushed over, each carrying a long gun and a short cannon, turning into sprinters, afraid of being left behind.
Seeing this, Ling Yun chuckled a few times and slowed down a bit.
By the time everyone reached the square in front of the hall and numerous media reporters rushed up to him, he had fallen to the back of the crowd and looked completely inconspicuous!
Given his position, apart from acquaintances, no one would pay attention to him; they would just assume he was an ordinary staff member of the State-owned Assets Supervision and Administration Commission!
Looking at Director Li again, he was immediately surrounded by a large number of media reporters.
Immediately afterwards, a flood of questions poured out, and the scene became exceptionally lively.
"Good morning, Director Li. I'm a reporter from CCTV's Finance Channel. It's a pleasure to interview you. What are your thoughts on this global financial crisis?"
"As the controlling shareholder of many large state-owned financial institutions, does the State-owned Assets Supervision and Administration Commission (SASAC) have any specific countermeasures? Could you please provide some information on the relevant situation?"
"Hello, Mr. Li, I'm a reporter from The Wall Street Journal. It's an honor to interview you."
"China is a G20 member and will likely participate in the global financial summit in Washington, D.C., in November. What role will China play at the summit?"
"Hello, Mr. Li, I'm a reporter from The New York Times. Before coming to China, I heard several rumors on Wall Street, all related to China."
"In this global financial crisis, it is said that many Chinese financial institutions involved in international financial investments not only did not suffer losses, but actually made huge profits!"
"It is said that a rare investment genius has emerged in China, who has always been manipulating everything behind the scenes, secretly amassing countless fortunes from the international financial markets..."
Upon hearing the question posed by the foreign reporter, Ling Yun felt his eyelids twitch violently.
Needless to say, The New York Times had its eye on them, so they sent a reporter to publicly raise this question in this high-profile setting.
Even The New York Times already knew his name, but they were just being mysterious, trying to get it out of Director Li so they could create a bigger sensation!
Furthermore, these scheming grandsons wanted to exploit this incident and their relationships with the State-owned Assets Supervision and Administration Commission and other state-owned financial institutions to make some trouble.
Thinking of this possibility, Ling Yun couldn't help but frown slightly.
Just then, the director of the Planning and Development Bureau of the State-owned Assets Supervision and Administration Commission approached and whispered:
"Let's go inside first. The director can handle things here. Your identity needs to be kept confidential, so you can't stay outside for too long."
"If some media reporters take pictures of this and publish them in the news, it might attract some unnecessary attention."
Ling Yun turned to look at him and nodded slightly.
"Okay, Director Zhang, let's go inside. It's indeed a bit risky for me to stay here."
After saying that, he turned and left, walking with Director Zhang towards the security checkpoint in the square in front of the hall.
Just as he turned around, more than one reporter noticed him.
"Hey, who's this guy? He looks so young!"
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