"Outmaneuvered? No wonder!”

A call from Wilson resolved the various doubts in Lu Liang’s mind.

He actually quite enjoyed dealing with Old Su and didn’t believe that Su Shimin was the conservative as described by Gret.

Because at its core, the battle between the old and the new is a battle of interests.

Su Shimin was one of the creators of the traditional market agreements, but he’s old, and even if his power isn’t undermined now, he won’t enjoy it for long, so he must uphold the agreements to ensure he remains among the vested interests after stepping down.

It’s like the gang culture that thrived in Xiangjiang in the past century, where some veterans, possessing the highest decision-making power, could directly influence the election results of leaders, suppressing the power demands of the younger generation by emphasizing seniority over brute force.

It’s quite similar to Su Shimin’s defense of the old agreements.

Wilson couldn’t help but chuckle: “I know what Steve is worried about, and I know what you’re hiding, but I don’t care about any of that. Let’s talk about your plan.”

Su Shimin indeed has a personal motive for wanting to uphold the rules, but it’s also for the future of the market.

Lu Liang knew this but intentionally avoided mentioning it, merely out of concern for impacting their future cooperation.

Even though the starting point is good, don’t take them as fools by insisting that Su Shimin is acting solely out of selfishness.

They’ll form their own subjective judgments.

Lu Liang chuckled softly, without any embarrassment from having his intentions seen through: “Just wait.”

"How long do we have to wait?” Wilson frowned.

"That’s a question for you guys,” Lu Liang said.

Wilson was silent for a long time, then sighed lightly: “Steve has told me everything, it’ll happen soon.”

"Stop, I’m not interested in knowing. Anything else?”

Lu Liang’s tone turned cold, and Wilson said with a smile, “There shouldn’t be anything for now.”

In the next second, the line went dead, and Wilson sarcastically remarked, “What a hypocritical guy.”

When unable or unwilling to change something, evasion may be shameful but quite effective.

He murmured to himself: “East Country feigning ignorance, could it be related to Lu Liang’s upcoming plan?”

Presumably, both Lu Liang and East Country should have known about the impending disaster, yet they seem to only be considering minimizing economic losses without thinking about preventing the event from happening.

At the same time, Lu Liang openly declared being targeted, as the massive sell-off of US stocks by Tianxing Finance continued to ferment.

Institutions led by Redwood domestically followed suit, claiming that the US stock market environment was risky, strategically announcing reductions in their stock holdings, temporarily opting to hold cash and wait.

As the news continued to ferment, more and more people became aware of Lu Liang’s disinvestment from US stocks, prompting more people to follow suit.

As a result, besides NASDAQ, both the S&P and Dow Jones Industrial Indexes began to fall.

Seeing the market about to fall due to Tianxing Finance’s withdrawal, numerous Wall Street firms led by Vanguard, with BlackRock and State Street as auxiliaries, announced increased holdings in Microsoft, Coca-Cola, Apple, and other stocks.

At the same time, Wall Street Journal commentator Glenn Jelas also came out to criticize Lu Liang, saying that this so-called targeting was nothing more than a reason for Tianxing Finance to short US stocks.

He said, “Slander, this is absolutely slander. The US stock market is the most free and democratic financial market in the world; how could it possibly target certain institutions or companies? Some people shouldn’t pat themselves on the back.”

Institutions increased their holdings, supporting the market,

Media relations turned black into white.

For a moment, all three major US stock indices rebounded, as if Tianxing Finance’s disinvestment couldn’t affect the operation of the US stock market.

Even though countless netizens from East Country wanted to voice support for Lu Liang by questioning the continuous decline of Chinese concept stocks, it was only a drop in the bucket.

After all, in the arena of international public opinion, East Country’s voice was even weaker than neighboring Japan and Korea. As long as YouTube and Twitter slightly restricted, all expressions supporting East Country or Lu Liang would be blocked by an invisible wall.

"New Wall Street, this idea is indeed enticing.”

Meanwhile, in a dimly lit office, Lu Liang gazed out at the night view, contemplating the feasibility of this idea.

Although he currently lacked the conditions to create New Wall Street, after March next year, there might be an opportunity.

Despite a series of unexpected events, causing the original plans to change repeatedly, it’s not all bad news.

Take Tianxing Finance’s withdrawal from US stocks for example, it has provided them with enough capital to short US stocks next year.

Even just from General Tianxing, they’ve cashed out 8.7 billion US dollars, along with NIO, Li Xiang, DiDi, Panda, and blue-chip stocks like Apple, Microsoft, and NVIDIA previously bought.

Though still selling off, the specific amount hasn’t been calculated yet, considering the 80 billion US dollars managed by the Saudi Sovereign Fund and the existing 28.9 billion US dollars on the account, a conservative estimate is no less than 130 billion US dollars.

If they release 120 billion US dollars locked in the Foreign Exchange Market, along with the 38.2 billion US dollars General Motors will gradually repay.

Even without calculating the profits, by March next year, Tianxing Finance’s available funds will reach 288.2 billion US dollars.

"It’s worth a try! Even if it doesn’t happen now, it’s good to let them feel a sense of crisis.”

Lu Liang pondered, his eyes growing brighter.

The long night was ahead, and with so much on his mind, going home would likely just mean tossing and turning in bed.

He decisively contacted Daqiangzi: “Dong, are you interested in imitating Alibaba and having JD dual list in the US and Hong Kong stocks?”

Dual listing, this concept was introduced by Old Ma in 2014, but it did not receive recognition from the Hong Kong Stock Exchange at that time.

Later, Chen Jiebin rose to power and became the top figure in Xiangjiang’s financial industry. It might have been to expand the influence of the Hong Kong stock market or was directed by higher-ups from the mainland to focus on developing the financial industry.

So in April of last year, they amended the Hong Kong Stock Exchange’s regulations, allowing companies with different voting rights to list in Hong Kong stocks.

And in the fifth month after the regulation changes, Alibaba became the first dual-listed company.

Daqiangzi was stunned and suddenly asked, “Where are you?”

"At the company.”

"Wait for me.”

Two and a half hours later, at 1:30 in the morning.

Daqiangzi hurriedly rushed from Xiangjiang Airport to the Tianxing Financial Building located in Central.

"You’re fast, aren’t you in Beijing?”

With a beaming smile, Lu Liang stood at the door to greet him, leading Daqiangzi to the office.

He had already prepared barbecue and small dishes, as well as the Yanghe liquor that Daqiangzi loved to drink every day.

Daqiangzi shook his head, “There was a problem with the Guangdong-Hong Kong-Macau logistics system, so I’ve been staying in Yangcheng these days.”

He didn’t stand on ceremony, directly started eating the barbecue, only putting the white liquor on the ground with a face of disdain: “Let’s drink some beer; there’s no fun in drinking white liquor with you.”

Daqiangzi knew very well about Lu Liang’s drinking capacity, Lu Liang could drink three to five bottles of beer, but with white liquor, Lu Liang probably couldn’t even sit with the kids’ table.

"You need to think carefully. If JD opts for dual listing now, it might face resistance from Wall Street capital.”

Lu Liang handed Daqiangzi a beer from the fridge, then sat down facing him, explaining the pros and cons of this matter.

After Tianxing Finance withdraws funds from US stocks, if it also announces its support for JD’s dual listing in Hong Kong stocks, it will undoubtedly send a signal to the capital market that a new East Asian financial hub is being established.

Lu Liang didn’t care much, having offended many times already; he wasn’t afraid of one more.

It’s just that when the gods fight, ordinary people suffer. The institutions couldn’t do anything to Tianxing Finance but could affect JD’s financing in US stocks.

JD has been listed in US stocks for five years, having initiated large and small financing eight times. Vanguard, BlackRock, State Street, Morgan, and Blackstone are all shareholders of JD.

The advantage of dual listing for companies is that it can reduce the risk of a single market, but as the first company following Tianxing Finance’s call, JD is likely not to enjoy this benefit.

"Do you genuinely care for me or are you provoking me?”

Daqiangzi took a big sip of cold beer and glanced with dissatisfaction, “Do you think I would be afraid?”

"Have you ever heard the phrase, it’s the debtor who’s the real boss; if they dare to mess with JD, I just won’t pay back the money.”

"After all, over these years, they have raised more than a hundred billion US dollars. Besides, listing on Hong Kong stocks, the future development might not necessarily be worse than US stocks.”

Daqiangzi chuckled. During these times, as Chinese concept stocks collectively faced targeting, it made him realize something.

Imitating Alibaba, allowing enterprises to return and pursue dual listing in Hong Kong stocks is absolutely the future trend for Chinese concept stocks.

Not only to respond to the country’s call but also to avoid the potential risks that may arise. .

For instance, this recent targeting of Chinese concept stocks, if enterprises are only listed in a single market, they have no room for maneuver and could only become weapons for others to attack.

Moreover, it’s not like before; mainland investors have become wealthy, and even if only the Hong Kong stock financing channel is left, enterprises can still secure the US dollars needed for development.

Most importantly, with the existence of Tianxing Finance, the future development of the Hong Kong stock market will only get better and more prosperous, and one day, it may genuinely become the Oriental Wall Street.

Lu Liang smiled slightly, gladly accepting this expectation. He thought for a moment and suddenly picked up his phone, saying, “I’ll contact Mr. Chen, let’s hear his thoughts first.”

"What time is it now? You’re not resting, but others need rest too.” Daqiangzi quickly stopped him.

Lu Liang whispered, “Mr. Chen won’t mind, besides, we don’t have much time left.”

"What time?” Daqiangzi frowned.

Lu Liang didn’t reply, he dialed Chen Jiebin’s phone on his own, smiling as he spoke: “Mr. Chen, I’m sorry to disturb you this late.”

"I just wanted to discuss something with you, JD plans to imitate Alibaba for dual listing in Hong Kong stocks.”

"Mr. Liu is in my office right now.”

"Okay, we’re waiting for you.”

Seeing Lu Liang finish the call, Daqiangzi was taken aback: “Is Chen Jiebin coming over now?”

Lu Liang smiled and said, “If you can come from Yangcheng, why can’t he come from Tsim Sha Tsui?”

He signaled Sun Zheyuan to buy some more food, lest when Chen Jiebin arrives, only leftovers are left.

Lu Liang also knew it was not ideal to disturb people so late at night, but truly there was no time left. Once a disaster outbreak occurs, all matters would have to be postponed or even shelved.