Winner Takes It All, Resurrection 2009

"Who can tell me why America's allies would become enemies?"

Tony Ma was almost going crazy. He had finally managed to get Temasek into his camp through the help of Li Bancheng and others, promising huge benefits. However, before he could enjoy the benefits, he suffered a bigger setback.

Who can bear it?
He had already made up his mind to change Tengda's past monopolistic business strategy and to reuse Liu Zhiping, letting him come forward to win over various forces and establish a unique Tengda business ecosystem.

To this end, Tengda carried out drastic internal reforms and integrated several internal departments in succession. Chief Administrative Officer Chen Huilong, one of the five entrepreneurial tigers, also surrendered to the Pengcheng government.

It took the blame for a number of illegal operations and lax audits on itself. The Pengcheng government had no intention of killing Tengda in the first place, but now a big shot with enough weight has come out to take the blame.

They can just go with the flow and step down. As for Guangdong East and Yanjing continuing to dig deeper, they have ample room for maneuver. The most important thing is that they can clear themselves and mediate as an outsider.

As long as the game at the top is not over and Yanjing has not made up its mind to investigate thoroughly, they can delay. Some things can be easily handled if they are delayed.

What Tony Ma did not expect was that the Squidward Capital Group, led by Goldman Sachs and Morgan Stanley, included several funds including BlackRock, Vanguard State Street Navigator.

In Shanghai, Qingyun, China Merchants Bank, Runhua Zhongxin and other companies, we reached an agreement on the division of interests after the reshuffle of Hong Kong, and not only made clear arrangements for the old generation of real estate groups, HSBC.

He also sold Tengda by the way.

Lin Siqin, President of BlackRock China, assured Tony Ma in person that there was no problem, and then turned around and sold Tony Ma and Hong Kong Capital.

It can also be seen from here that Squid Capital is really cruel. They may be good brothers one second, but turn around and become ruthless for greater benefits in a minute.

Less than two days after Temasek joined Tengda's camp, upon hearing that Dongda intended to support Lijiaopo to become the financial center of Asia, it immediately rushed back to restart negotiations.

They originally intended to use Tengda's affairs to warn Qingyun not to break the contract, let alone have other thoughts and try to start a new business.

As for the University of Tokyo, it is trying to take the opportunity to complete the reshuffle in Hong Kong and push for a package of reforms, with the intention of building Hong Kong into a financial, trade and technological center within the framework of the economic system of the entire Eastern world.

Everyone knows the truth but no one takes it seriously, because the confrontation between major powers is all about showing one's hand, and any decision is inseparable from the promotion of relevant groups and obstruction of opponents.

The core interests behind each group are unlikely to change fundamentally. Traditional Hong Kong capital is well aware that economic transformation will threaten their control and will certainly try to obstruct it.

There are many reasons for this, such as there is almost no risk in land grabbing and horse racing, while local capital that controls electricity, tap water retail, docks and ports and a large number of commercial properties can make money without doing anything.

Why change?
The development of high technology is bound to arouse dissatisfaction among foreign investors, not to mention the extremely high investment risks in mid-to-high-end precision manufacturing and semiconductors, which can lead to sanctions and loss of all capital if one is not careful.

It would be better to completely turn to Wall Street in terms of finance, make use of the only external financing channel, collect huge commissions, and at the same time rely on the favor of being someone's pawn.

With the help of Sita Capital's global channels, we can make extensive investments, even if we can only get some leftovers, it is better than being suppressed by others.

As for Yanjing, due to concerns about international public opinion and the stability of foreign financing channels, it has no good way to deal with these local bullies for the time being.

However, American capital is now looking at the world and has already defeated Jiaobenji and Ou Meng. As for the big cat, it is almost becoming a sick cat.

All of South Korea's chaebols are controlled by Wall Street, Southeast Asia has not developed, and India, apart from bragging, does not pose a threat for the time being.

The powerful mold has seized the crossroads of Asia, fought fiercely in West Asia, and controlled the world's major energy supplies. It is no exaggeration to say that looking around, American capital is at its peak at this time.

As long as the United States can successfully take over the University of the East, it will be invincible for decades to come.

But there is a very realistic problem here. In the past, in order to restrict Dongda's external financing, Western capitals united to question Dongda's market-leading economic status.

For a long time, Shanghai and Shenzhen, the two largest financial centers in China, have been excluded from the mainstream circles of the world, leaving only a Hong Kong channel for the latter.

This is an advantage when limiting your opponent!

After all, when the RMB goes overseas and participates in international trade settlement, there is only Hong Kong where it can enter and exit, and any inside information of the transaction is exposed to European and American capital.

Only when the details of Dongda University can be clearly seen at any time and easily manipulated, will Yutai Capital be completely relieved, and then allow large-scale influx of international hot money to push up and hype up core assets and inflate asset bubbles.

When a certain time comes, the US dollar interest rate hike will complete the capital repatriation and reap decades of accumulated social wealth of the University of Tokyo in one fell swoop.

But as the saying goes, success depends on the channel, and failure also depends on the channel.

Since Dongda approved Hong Kong as an offshore RMB pilot city in 09, it has provided a total of several hundred billion RMB swap quotas. To put it bluntly, this is still less than the total amount of US dollars held overseas by Qingyun Group alone.

What can this little money do?

Isn't it a dream to want to use this to squeeze a super economy with trillions of foreign exchange reserves?
Another key point is that foreign investment in the Dongda market, whether it is foreign guarantees and domestic loans or direct investment in foreign currency, is subject to unavoidable regulatory restrictions.

That is the investment income, which needs to be divided into three, five, seven, or even ten years before the profit can be converted into foreign currency and taken away.

(This is also the reason why employees must be given n+ compensation when foreign capital withdraws. If you violate the rules, you can’t take away the remaining profits, and you may even be fined to bankruptcy.)
They promoted asset bubbles and used financial instruments, wealth management products and public funds to harvest the life savings of the vast number of private investors and earn excess profits in a reasonable and legal manner.

Especially when mobile Internet develops, Internet finance and payment software enter thousands of households, they can absorb the most social deposits in the shortest time and at the lowest cost.

Squid Capital was almost laughing like crazy, because this meant that the financial harvesting cycle that they had originally planned to complete in three to five years would be greatly compressed, and the harvest would increase exponentially.

According to the data model made by Wall Street, if Qingyun, Ali and Tenda are willing to cooperate fully, as long as they can achieve the level of micro-payments in Southeast Asia, they can conservatively estimate trillions of wealth.

And this is just the appetizer. During the subsequent US dollar interest rate hikes, market liquidity became tight, asset bubbles burst, and core asset prices plummeted.

When the University of Tokyo can no longer hold on, it will inevitably give up restrictions in many key areas, abandon most of its resistance policies, and surrender.

Then, Squid Capital can take advantage of the information gap and the huge cash flow in its hands to buy at the bottom before other capital groups react.

At this point, the harvest is completely completed, and the economic globalization and industrial division of labor and cooperation plan advocated by Squid Capital have completely formed a closed loop, with Dongda having a large and cheap high-quality industrial workforce.

The complete related industrial chain will become the sharpest knife in the hands of Squid Capital, which will be invincible.

Coupled with the high-tech patents held by American capital, with the support of the dual hegemony of mold and the US dollar, it instantly swept the world, no matter whether it was once an ally or an enemy.

All will prostrate themselves before this destructive force. Squid Capital will completely ascend to the altar and completely transform the world according to its own wishes, a world of end producers belonging to the corporate group model.

coming soon!

Unfortunately, their wishful thinking came too early. Even if Li Zehua had not come through, Southeast University did not give in as easily as expected, and made a 15-degree policy turn between 16 and .

Just in terms of real estate policies, the most stringent risk control policies in history were successively introduced, and then as soon as they saw that the situation was not right, they immediately introduced the most relaxed and massive money-printing policies in history.

Everyone has a big gift package. It's just an asset bubble. It might as well go up to the sky, and at the same time dilute the currency that Squid Capital has left in its hands after selling its core industries.

International hot money was very happy in 13-16 because it made a lot of money, but it was too difficult to transfer it out. At that time, Yida and Yongchuang, as well as a large number of entertainment, cultural tourism, and financial groups, including infrastructure and manufacturing companies, were talking about overseas mergers and acquisitions and embracing economic globalization. Behind this was the excessive profits accumulated by international hot money in China, which were too much.

They should take advantage of the opportunities of these domestic enterprises going overseas to complete the capital transfer and launder the low-quality overseas assets and cash them out at high prices.

Unfortunately, even if there are countless underground channels for washing, it is difficult to send out huge wealth calculated in trillions in a short period of time. It doesn't matter if it's slower, there is no rush anyway.

Who knew that when the higher-ups saw that the situation was not right, they took the initiative to start a massive money printing mode, with two dollars becoming one dollar, and one dollar becoming fifty cents. Asset prices skyrocketed, and this cycle caused the money in the hands of capital to depreciate significantly.

Don't even mention the foreign exchange conversion rate. That thing has no effect on Dongda. Each person has a limit of only 50,000. If you're that powerful, you can find 100 million people to cooperate in transferring the money.

As for the legitimate business income that you want to take out, that's fine. According to the contract signed at the beginning, you can exchange 5-20% of the net profit into foreign currency every year. If you want to take it all out at once, it's impossible.

As for attacking the offshore exchange rate, that is the biggest joke in the world. In the entire Hong Kong area, the total amount of RMB is only a few hundred billion to less than one trillion, which are usually kept in banks as settlement currency.

It is just enough for account settlement. Even if enterprises have demand, it is only a short-term loan settlement. If it is all thrown to you, it will be only a scale of 100 billion US dollars, and the central bank will eat it all up in minutes.

Then let Bank of China Hong Kong go to each of the list and ask them to repay the RMB, otherwise the lending rate will be raised. Don't doubt it, when a certain Nordic country was facing the harvest.

That would raise the overnight interest rate to several hundred points in one breath. The big cat is even more ruthless. You want money, right? As long as you have the courage to ask for it, I have the courage to refuse to pay you. If you have the guts, come and collect the debt with arms.

As long as all the creditors are dead, Big Cat will not be considered to have defaulted on his debts. This is such a damn logical conclusion.

In short, the US capital is not omnipotent. Outside of Wall Street, those means depend on whether the country where they are located gives face to the United States. Even if an aircraft carrier goes there, it can't scare anyone.

They have no choice but to introduce restrictive measures to prohibit the capital that has caused them to suffer losses from entering the market controlled and influenced by Wall Street to make a profit.

Now, Qingyun has creatively created the Chinese concept stocks sector in the Lijiaopo trading market. The purpose behind using RMB for settlement is to promote RMB to actively go overseas.

At present, only Yongchuang and Yida Group have successfully listed, with a market value of just over 100 billion RMB, but other subsidiaries of Qingyun Group are following closely behind.

As well as overseas companies in which Dongda Capital has a stake or holding, as long as they meet the requirements, they can apply for listing on the Lijiaopo Trading Market.

The settlement currency behind this is all RMB, according to the agreement reached between Dongda and Lijiaopo.

DBS Bank, United Overseas Bank, Siam Pangu Bank, People's Bank of China, Industrial and Commercial Bank of China, Minsheng Financial Holdings, BOC Hong Kong, Zhongxin Bank and China Merchants Bank will successively open in Lijiaopo and surrounding areas.

The RMB settlement business has been launched (limited exchange only between financial institutions and for Chinese citizens holding Dongda passports). The scale of currency swap will be based on the market value of Chinese stocks listed in the US.

For example, if Jietai Capital, Dongda Capital and Lijiaopo can reach an agreement (with Jiaobenji and Qingyun Group joining in the fun), and Lijiaopo's financial status is confirmed.

In the next few years, Qingyun Group will enter the Lijiaopo trading market on a large scale. Even if it can only achieve the scale of listed companies in various businesses in the original time and space, it will be a huge amount of wealth with a market value of over 10 trillion RMB.

Swapping currencies at a rate of 15-25% would start with a total currency volume of two to three hundred billion US dollars.

(It is the lowest, only referring to the highest market value in industries such as Tengda, Pinxixi, Douyin Interactive Entertainment, and Takeaway Express, Electronic Group and Power Technology, UAVs, and Semiconductors.)
Moreover, this part of the currency is not completely under the influence and control of the University of Tokyo. At that time, the stability of the offshore exchange rate will inevitably be impacted. One hundred billion and three hundred or four hundred billion US dollars are completely not of the same magnitude.

And there is another biggest benefit. In the future, domestic funds will have a relatively unrestricted channel to go overseas. International hot money and capital can completely use domestic assets as collateral.

The company has been issuing US dollar bonds in the Lijiaopo market on a large scale, and domestic financial institutions have been required to provide domestic guarantees and foreign loans in order to maintain the price stability of core assets.

In this way, as long as Lijiaopo's financial position is more stable, the market value of the Chinese concept stock market is the largest, and more RMB is exported, the more reluctant Dongda will be to give up this financing channel.

And Squid Capital can make great use of this channel to spend money crazily in China, using bubbles to pile up a large number of companies that appear to be perfectly qualified for listing on the Lijiaopo Chinese Concept Stock Exchange.

It can also gradually form a domestic harvest of social wealth, support industry-leading companies through funds and venture capital, and occupy control of resources in disguised form while also conducting internal transactions.

Make the accounts look good, then package them and send them for overseas listing. In turn, you can receive market capital injections through share pledges and use the financial company's overseas investment qualifications.

A large amount of foreign currencies such as US dollars are borrowed from financial institutions in the mainland, and after going overseas, they cooperate with domestic listed companies to release good news to the outside world while raising stock prices, and then attract private investors who invest in Chinese stocks.

And then harvest the money again with fund investors, harvesting three times for one dollar (domestic wealth management products, fund holders, domestic financial institutions, and individuals or institutions investing in overseas stock markets), it’s really a huge profit.

That's why Squid Capital changed its stance and supported Yanjing in cleaning up the pests in Hong Kong. It's just cleaning up a few real estate businessmen, no big deal.

Isn't it just that you want to take advantage of Hong Kong's trade status to introduce technologies and equipment that other countries have restricted from the University of Tokyo? Just sell them and pay the money.

When the harvest season comes and the University of Tokyo makes all compromises, it will have control over so many resources in its hands. Why would it still worry about Hong Kong's little thing?
Didn’t Qingyun Group want to import semiconductor production equipment from America? As long as they were given money, they would move the equipment to Hong Kong and start construction. Even Wall Street was willing to provide commercial loans.

They were afraid that Qingyun Group did not have enough liquid funds to buy it.

Because in their view, in two years, Dongda will have invested, so Qingyun will be in their pockets. They can use other people's money to update their equipment and develop their industrial chain, and make a lot of money.

Moreover, Qingyun also paid a huge price for this cooperation. The core shares held by the industrial fund alone gave up nearly US$20 billion.

Subsequently, it will be necessary to borrow a large amount of U.S. debt through companies such as Goldman Sachs to complete large-scale investments in Hong Kong, Shenzhen, and Guangzhou. This is also a disguised way to appease the voices of opponents in Shenzhen and other places.

In short, the agreement alliance that only hurts Tengda and Xiangjiang Capital is gradually taking shape.

When the entrapment and killing can be completed depends entirely on the negotiation progress between Yanjing and Lijiaopo.

Different from the previous scale of cooperation, if this time the deal is successful, a currency settlement system for swapping trillions of RMB will be formed in the Lijiaopo financial market in the future.

However, the dominant power cannot be fully controlled by Yanjing. As the host, Lijiaopo must have some management rights.

As channel companies, Zhongxin, Goldman Sachs, HSBC and Qingyun also have to hold part of the management rights.

Not to mention Yutai Capital Group, Goldman Sachs has already begun to prepare to set up a branch in Lijiaopo, arranging higher-level personnel to take charge and keep a close eye on every large transaction.

This is an important part of the globalization of the RMB. Yanjing will never give up easily. If we succeed, and go one step further in the future to become the main settlement currency for Southeast Asian trade, then we can achieve our hegemony.

Today, by winning over and supporting Nokia and German manufacturing groups, Europe is giving blood transfusions in disguise. In the future, Europe only needs to ensure neutrality in several major global economies.

With Southeast Asia as a bottom-line guarantee and then integrating East Asia, the worst-case scenario is an undefeated one. Who can resist the temptation to leave a name in history?
Poor Tengda, destined to become a stepping stone for the celebration banquet.

Just when the coordination meeting in Magic City had just discussed preliminary results, the joint task force from Yanjing and Yangcheng quietly took Chen Huilong away from Pengcheng.

No one knows where to go.

As for Li Bancheng, all the listed companies under the fourth uncle, except those that were suspended indefinitely, began to decline slowly, and the shares of HSBC Group were also undergoing a new round of reshuffle.

All of this indicates that a new and unprecedented major change is brewing... (End of this chapter)