Hearing Huo Yingdong's question, Huo Zhenting and his wife were stunned.
Huo Zhenting calmed down and looked at his son.
Huo Qixuan thought for a moment and did not answer Huo Yingdong's question. Instead, he asked,"
"Grandpa, do you think Hong Kong's economy is healthy now?”
Huo Yingdong shook his head,"
"Unhealthy, even deformed. The four major families had pushed the real estate market into an overheated state and had overly optimistic expectations for the future. As a result, asset prices, especially real estate prices, had risen rapidly. Hong Kong's real estate prices were currently in a huge bubble.”
Huo Zhenting was deep in thought.
Huo Qixuan nodded and added,
"That's right. Grandpa's judgment is right. Not only is there a big problem with the real estate industry, but there is also a big problem with the financial structure.”
"Hong Kong's financial sector is too dependent on foreign investment. Now that the Thai baht has depreciated and the Asian financial crisis has erupted, it's only a matter of time before Hong Kong is affected.”
"Once investor confidence falls, capital outflows will be very serious.”
"Then the Hang Sen Index plummeted, the stock market collapsed, and the real estate market collapsed.”
"At the same time, Hong Kong's financial market will be attacked by currency speculators, and the exchange rate of the Hong Kong dollar will be under great pressure.”
Huo Zhenting sat up straight and his expression turned serious.
Huo Yingdong listened to Huo Qixuan calmly without any expression on his face. He nodded and said,
"Continue!"
Huo Qixuan continued,
"Grandpa, the money I earned was all from the profits I made from selling the currency with Soros and the other international tycoons. As expected, Soros and the others 'next target is Hong Kong.”
Huo Yingdong looked up at Huo Qixuan with a meaningful gaze."
"Qixuan, you want to follow Soros and the others to short Hong Kong's currency?”
Huo Zhenting's expression changed slightly and he wanted to say something.
However, when he thought of the terrifying profits, he hesitated again.
They were all from Hong Kong, so they naturally didn't want the stock market to crash.
He didn't want Hong Kong to be robbed by Soros and the others.
But now, it seemed like Huo Qixuan wanted to join Soros and gang in robbing Hong Kong?
Huo Qixuan hurriedly shook his head and said seriously,
"Grandpa, Hong Kong is the place where I was born and raised. Of course, I won't treat her like this.”
Huo Yingdong nodded. This kid had a conscience and was not blinded by greed.
"Then what do you want to do next?" Huo Zhenting asked.
Huo Qixuan revealed a playful smile.
"Dad, Soros and the others want to short Hong Kong, so we'll block their capital and lock their capital firmly in the Hong Kong stock market.”
Huo Zhenting's expression changed and he said,"
"Tell me the details!"
Huo Yingdong and Huo Zhenting listened attentively to Huo Qixuan's story.
It was not Huo Qixuan's place to interrupt business matters.
However, Huo Qixuan had made a solid profit of six billion dollars, which made Huo Yingdong and Huo Zhenting pay attention to Huo Qixuan's opinion.
If you can earn six billion, your words are also the truth.
Huo Qixuan looked at Huo Yingdong quietly, wanting to know his attitude.
Huo Yingdong pondered for a moment and said,"
"Your plan is perfect, but…there is a fatal weakness in this plan.”
Huo Yingdong looked at Huo Qixuan and said slowly,"
"Your six billion USD is indeed a lot of money, but compared to international speculators like Soros, there is still a big gap. How can you be sure that you can withstand their pressure? At that level, it was a competition of who had the most funds.”
Huo Qixuan smiled and said confidently,
"Grandpa, my funds definitely can't withstand their pressure, but we still have a strong backing!”
Huo Yingdong looked at Huo Qixuan and laughed.
Huo Qixuan laughed along with him.
The father and son smiled.
Huo Zhenting was confused. He couldn't understand what they were laughing about.
"Daddy, what are you laughing at?" Huo Zhenting asked.
Huo Yingdong looked at Huo Qixuan with relief and said to Huo Zhenting,"
"Zhenting, you have a good son.”
Huo Zhenting looked at Huo Qixuan and said with a straight face,
"Don't keep me in suspense.”
Huo Qixuan had no choice but to continue,
"Dad, the mainland won't just sit back and watch Soros and his people short sell Hong Kong. In order to stabilize Hong Kong's financial market, the mainland will definitely use their foreign exchange reserves. Although Soros and his people have a lot of money, they still can't compare to the mainland's foreign exchange reserves.”
Huo Zhenting's expression was strange.
Then, he laughed out loud.
Zhu Ling looked at the three of them and giggled.
Huo Yingdong thought for a moment and said,"
"Qi Xuan, do you have the confidence to take down Soros and the others?”
Huo Qixuan puffed out his chest and said,
"Of course I'm confident, Grandpa. Although the financial crisis has affected a lot of people, it's also an opportunity for the Hunts to turn things around.”
"As long as we follow the mainland closely, plan ahead, reverse invest, and buy undervalued high-quality assets.”
"For example, buying blue chips, real estate, or other physical stocks.”
"This way, when the market rallies, we will get more benefits from the rise in asset values.”
After a pause, Huo Qixuan continued,
"More importantly, we can make more Hong Kong dollars. When Hong Kong successfully withstands the bear attacks and maintains the stability of the Hong Kong dollar exchange rate, we can gain more benefits from the exchange rate fluctuations.”
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]