Break out of the courtyard

Chapter 557 Sanctions and Countermeasures

In this wave of Hong Kong dollar credit crisis, Chinese banks were undoubtedly the most affected.

This is because a considerable portion of the Hong Kong dollars used to run the MYR were taken from their banks!

To this end, the Heping Group used the Hong Kong dollars exchanged for magnesium dollars and, with Zhang Heping's permission, transferred most of the Hong Kong dollar savings through the Bank of China.

Zhang Heping did not pursue the tricks that the Chinese banks had played before, because the optical card factory in Shenzhen had already started installing production lines and stockpiling raw materials, and would have to rely on these Chinese banks to support the use of bank cards in the future.

As the Hong Kong dollar exchange rate slowly rose to 1 Hong Kong dollar to 9.2 magnesium dollars, Zhang Heping went to Shenzhen with peace of mind to deal with personnel issues in the optical card factory, automobile factory, precision instrument factory, as well as related systems, equipment installation, etc.

Time quietly passed the eleventh month. The Peace Group, which had exchanged a large amount of magnesium dollars, attracted many people to submit resumes with its huge cash flow, including graduates from world-renowned universities.

However, when the companies under the Peace Group were recruiting, they did not look for people from Canada or South Korea.

This incident had not yet shown any impact at the beginning of the month.

On October 10, the opening day of the Huadu Canton Fair, when the Hong Kong government announced that Hong Kong Island had begun to implement the linked exchange rate system, dozens of Taiwanese and Koreans actually jumped onto the stage and loudly protested against the discrimination in hiring against them by companies under the Peace Group.

However, when the Hong Kong media and reporters present heard that it was related to the Peace Group, they wisely chose to remain silent.

Only the foreign journalists were not afraid of the trouble and were interested in interviewing the Chinese and Korean people.

The Hong Kong government and the participants in the audience quickly left the venue, as if avoiding snakes and scorpions.

The Hong Kong government does not want to provoke the Peace Group, which is currently in its heyday, at this critical juncture.

You know, during the Hong Kong dollar exchange rate stabilization, the financial strength demonstrated by the Peace Group shocked the entire Hong Kong Island business community.

If a company's valuation is over 100 billion, many Hong Kong businessmen will not think it is a big deal, because the valuation is fake and they can raise the company's valuation by manipulating it with their left and right hands.

However, if a company has hundreds of billions of liquid cash in its account, that would be terrifying!

Because you never know whether he will maliciously acquire your company in the next second!

Especially, the Peace Group with a criminal record!

Therefore, the Hong Kong businessmen attending the meeting did not want to cause misunderstandings to the Heping Group at this time.

As for the linked exchange rate that came into effect today, it was the result of discussions during this period, chaired by the Hong Kong government, with the participation of the Mainland Special Action Group and some Hong Kong business representatives, as well as joint efforts by China International Capital Corporation, Standard Chartered Bank, and other licensed banks.

To put it simply, the issuing banks are supervised through the "Foreign Exchange Fund", and other licensed banks buy magnesium dollars from the free market at a price of 7.7:1 and exchange them for Hong Kong dollars from the issuing banks at a price of 7.8:1 for arbitrage.

Alternatively, other licensed banks exchange magnesium dollars from issuing banks at 7.8:1 and sell magnesium dollars to the free market at 7.9:1 for arbitrage.

Ultimately, the issuing banks will maintain the linked exchange rate of 1 Hong Kong dollar to 7.8 magnesium dollars, and the magnesium dollar banknotes paid by the issuing banks will be used as reserves for the issuance of Hong Kong dollars, preventing the issuing banks from printing banknotes indiscriminately!

The Eagle Americans originally wanted to stubbornly use the Eagle Pound as the benchmark and refused the Bank of China's participation in issuing banknotes.

However, when the Bank of China questioned the issuance of more than 6000 billion Hong Kong dollars and the mainland's special operations team demanded a thorough investigation of the matter, the Eagle American put forward the "issuance reserve" requirement.

What I mean is, do you have so many magnesium dollars to participate in the issuance of banknotes?

Another meaning is, no matter how much money we print, as long as the issuance reserves are sufficient!

The Bank of China manages the mainland's foreign exchange, and with the financial support of the Peace Group and other Chinese companies, it finally successfully won the right to issue Hong Kong dollars, 12 years earlier than in the previous life!

The determination of the linked exchange rate means that the final profit of the 63.1 billion magnesium yuan exchanged by Peace Group is expected to be about 7.37 million magnesium yuan.

However, the fact that Peace Group cannot convert the HK$542.6 billion into RMB in the short term has become a concern for many Hong Kong businessmen, who are afraid that their businesses will be maliciously acquired by Peace Group.

However, Zhang Heping has been busy with the affairs of three factories in Shenzhen recently and has no time to pay attention to the small businesses of those Hong Kong businessmen.

However, Chen Shuting felt that there was too much money in the account, so she took advantage of the depreciation of the Hong Kong dollar, which caused a sharp drop in Hong Kong stocks, and invested 100 billion Hong Kong dollars in the real estate sector. This scared those real estate developers who had previously secretly reduced their holdings of the company's stocks, so that they urgently entered the market to buy back shares.

In the past, many shareholders of listed real estate companies in Hong Kong used to make profits not by building more houses, but by secretly selling off their holdings of company stocks when the stock price was high and buying back the stocks when the stock price was low.

Therefore, after the Hong Kong dollar linked exchange rate was released, Hong Kong stocks rose accordingly.

Many media outlets rushed to report on this matter, saying that this round of bull market benefited from the linked exchange rate system and advocating this wise move, but they did not know how much helplessness was hidden behind it.

Chen Shuting didn't know that the major shareholders of those listed real estate companies were strong on the outside but weak on the inside, and since Zhang Heping had no intention of controlling any listed real estate company, she didn't think much about it and just controlled the huge amount of money to spend in the stock market.

If the Canton Fair had not ended, Tingmei Trading would have only signed orders worth 4 million yuan, and the profits in September and October would have continued to decline, Chen Shuting would not have withdrawn from the Hong Kong stock market.

You know, in less than a month, she had squandered her original capital of 100 billion to 182 billion!

However, compared with one's own long-term business, the little money earned accidentally in the stock market is really incomparable!

...

When Chen Shuting hurriedly found her husband Zhang Heping, Zhang Heping was checking the first batch of phone cards off the production line at the Heping Optical Card Factory in Shenzhen.

"Aunt Chen!" When nephew Tang Lie saw Chen Shuting enter the quality inspection room, he greeted her politely, but Chen Shuting seemed not to hear him.

Chen Shuting trotted to Zhang Heping's side, pulled the hem of Zhang Heping's clothes, and shouted in a panic, "Husband..."

Zhang Heping handed over such a big business to her to manage. From the previous peak monthly income of more than 20 billion magnesium yuan, the orders were not signed even after 3 years. Only 2.2 million magnesium yuan was earned last month, and this month only 2 months' orders were signed, and there are no more after that!

"Wait for me a moment!" Zhang Heping glanced at his concubine Chen Shuting, and then said to the others in the quality inspection room: "The yield rate is less than 90%. Please check according to the operation manual to see which processes and workers have problems."

Finally, Zhang Heping looked at his nephew Tang Lie and said, "Although these phone cards have defects, they can be used as is. Do you want them?"

"Yes!" Tang Lie said with a smile, "The yield rate of our mobile phones is not high either. As long as they are not broken when we sell them, it's fine. Hehe!"

"If you want it, take it. It's clearly written in the agreement that a broken card can be returned and exchanged for a new one." After Zhang Heping said this, he took his concubine Chen Shuting out the door.

Walking in the bare factory area, Zhang Heping smiled at Chen Shuting and said, "What's wrong? Weren't you having a lot of fun trading stocks yesterday?"

"Honey, something happened!" Chen Shuting's lips trembled. "Media in China, South Korea and other countries are saying that the ingredients of our Tiger Whip Wine, Viagra Delay Spray, Tingmei Slimming Tea, Taitai Oral Liquid, and Dior Daily Chemicals are false and failed the sampling tests. They..."

Zhang Heping hugged his pale-faced wife, patted her back gently, and said softly, "Our family has more than just this business. So what if the whole world doesn't buy our products?"

"Don't worry, they just want to sneak into our company to learn technology and use this despicable method to force us."

"But..." Chen Shuting was comforted by her husband Zhang Heping and was no longer as panicked as before, but the resentment in her heart gradually took over. "Husband, are we just going to let them bully us like this?"

"It's not that I don't want to take revenge, it's just that the time has not come yet!" Zhang Heping let go of his concubine Chen Shuting, and walked with her in the huge factory area, smiling faintly: "Wait until the Internet in Magnesium is connected to Hong Kong Island, wait until the banks, stock markets, and futures markets in Magnesium are connected to us, hehe..."

Chen Shuting thought about the time she had directed her employees to buy and sell stocks on the computer this month, and said fiercely, "When the time comes, I will make them pay!"

Zhang Heping saw that his concubine looked much better, so he took her for a walk and hummed "Red Sun" casually.

"Even if fate is unpredictable, even if fate is tortuous and bizarre, even if fate threatens you that life is meaningless."

“Don’t shed tears, don’t feel sad, and don’t give up.”

"I wish I could accompany you forever!"

……

The concubine was coaxed, but Zhang Heping still hadn't let go of the thorn in his heart.

That night, after Zhang Heping returned to his home in Hong Kong Island, at the request of his concubine Chen Shuting, he copied the lyrics of the song "Red Sun" to her and asked her to present the treasure to Tang Xin and others.

After closing the door of his study, Zhang Heping picked up the landline and called several Dior stores including the Champs-Elysées in France, Fifth Avenue in New York, London, and New York.

Presumably they had all received internal instructions in advance, so after Zhang Heping called, he quickly got the information he wanted to know.

Exchange Internet security technology for the market!

Otherwise, all products of Heping Group will never pass official safety inspections!

After making a series of phone calls, Zhang Heping got angry!

The more the damn foreigners try to restrict him, the more he wants to make them pay!

The next day, Zhang Heping took his concubine Chen Shuting for a ride around Hong Kong Island and finally picked a piece of land in Tsim Sha Tsui.

"Send someone to buy these three buildings, then demolish them and build Peace Plaza." Zhang Heping said coldly, "From now on, the price of Tingmei Trading's products will increase tenfold, and they will only be sold in our Trade Plaza franchise store. We will no longer sign any distributors!"

"We sell it ourselves?" Chen Shuting was a little surprised and at the same time a little worried about the sales volume.

"Humph! Those bastards want to force me to hand over my Internet security technology, but we just won't do what they want!" Zhang Heping looked at the three buildings that he had marked with the word "demolition" and sneered:

"When we start selling our medicines, medical devices, and equipment here, I want to see if those foreigners will come here to beg for their lives!"

Chen Shuting now understood that Zhang Heping was not only considering the products currently sold by Tingmei Trading, but also the product sales next year.

Just when Chen Shuting sent people to discuss the acquisition of the three buildings according to Zhang Heping's instructions, Zhang Heping was invited to Touto University in Japan.

...

"Mr. Pete! Our director asked me to ask you, what is the progress of your plan?"

"Please tell Director Alexander that the progress is going smoothly. Currently, only the two Dior stores in Dongdu and Hong Kong Island are still selling Tingmei Trading products. The other stores have closed down."

"Old Pete, you are a smart man. You know that's not what I'm asking. You'd better think it over before you answer! Do you know how much loss your delay will cause to our director's ex-wife?"

"Well! The plan is not going well. Tingmei Trading Company has no intention of saving it. They have already planned to reduce production."

"Faku! You'd better pray that you can return to Magnesium Country safely!"

...

An office in the capital.

"Report, Leader Goose brought the five computer science graduates from Shuimu University to Ridao Dongdu this afternoon to attend an Internet technology seminar held by Dongdu University."

"Oh?" The old man who was reviewing documents looked up in surprise and asked the male secretary, "Isn't he using those five college students as handymen? Why did he think of taking them to attend the academic seminar?"

"According to the news from Higashima East, some of the Mizuki University students who chose to stay in Higashima will also attend this seminar. I wonder if this is the reason."

"Probably not!" The old man put down his pen, picked up a cigarette and lit it, frowning and saying, "Tingmei Trade's products have been boycotted by foreigners, and he probably doesn't care about the people on the Japanese island. Who is in charge of the five Mizuki University students? Ask him if he has received any news recently."

"I just asked, and there has been no news from those five Shuimu University students in the past three months."

"There has been no news for three months!" The old man's hand holding the cigarette stopped in mid-air, "There is a problem!"

The male secretary said, "Could it be that the leader is hiding this from us on purpose?"

"If he wanted to hide it from us, he wouldn't have used those five Shuimu University students." The old man took a puff of his cigarette and thought, "He sent people to pay attention to this seminar at Dongdu University. I think he is going to do something extraordinary again!"

...

Monday, December 11nd.

On the day when Zhang Heping was attending an Internet technology seminar at Dongdu University, his second sister Zhang Pandi and a man and a woman from the Guangdong Provincial Tourism Bureau, along with a dozen men, women, young and old, walked through the Luohu Port with Hong Kong Island tourist visas and officially entered the territory of Hong Kong Island.

Zhang Heping lobbied the Hong Kong government for so long, and the special operations team from the mainland later communicated with the Hong Kong government, before Hong Kong Eagle Airlines approved the visa application from the mainland and allowed mainlanders to travel to Hong Kong Island!

After the dozen or so men, women, young and old who were going to Hong Kong to visit their relatives were picked up by their families, Zhang Pandi smiled and followed her sister-in-law Tang Xin, along with two people from the Guangdong Provincial Tourism Bureau, to the Peak, escorted by a team of bodyguards.

Then, she met her uncle's house, which her children had repeatedly mentioned to her.

Let’s not talk about Zhang Pandyi’s shock on the top of the mountain, let’s just talk about Zhang Heping.

After a professor named Rijima and several of his students demonstrated a cyber attack and defense battle, it was finally Zhang Heping's turn to lead the team.

"Everyone, what I brought today is the Chinese system that I talked about at the Huadu Technical Exchange Conference last time." Zhang Heping looked at the people from Japan, Europe, Magnesium, South Korea and other countries below the stage with a smile, "Now, my five assistants will be the defenders, you can attack them together, and I won't come out to bully you!"

"Mr. Zhang! Did you really write a computer system in Chinese?" The person chairing the meeting was the dean of the School of Computer Science at Touto University in Japan, who had also attended the meeting in Huadu last time.

"It's genuine!" Zhang Heping looked at the foreigners in the audience with a smile, "The World Internet Forum will open the Chinese system for download at 10 am tomorrow."

"Also, didn't you notice that the World Internet Forum changed its kernel to Chinese a month ago?"

"Yes, you are all busy sanctioning Tingmei Trade's products, so how can you have time to pay attention to technology!"

……

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