When asynchronous motors, especially double-fed asynchronous motors in large capacity pump storage are the main loads in the high voltage direct current (HVDC) receiving end power grid, the increase of the equivalent slip of asynchronous motor load may cause transient voltage instability. In order to recover the voltage rapidly in the grid, the emergency reactive power support needs to be quick and accurate. A method for transient voltage stability emergency control by temporarily reducing DC current is proposed, the inverter station is used as emergency reactive power source for the HVDC receiving end power grid. In detail, firstly, aiming at the quantitative calculation of DC current, a nonlinear optimization model with the optimization variable of DC current and the objective of minimizing energy transmission reduction of HVDC is established. Further, in order to achieve fast solution and meet the accuracy requirements, global orthogonal collocation (GOC) is incorporated into the optimization model to transform the differential equations of both objective function and constraints into algebraic equations, thus the optimization is transformed into a nonlinear programming (NLP) problem, by which the emergency control strategy, in specific, the optimal DC current control scheme is obtained. Finally, the modified IEEE 14 benchmark is used to verify the effectiveness and superiority of the proposed strategy.