Winner Takes It All, Resurrection 2009

"Land rent tax is one of the most important means for HSBC to take root in Hong Kong, even as important as the right to issue Hong Kong paper vouchers. The latter is financial plunder, while the former is the foundation of existence. Both are indispensable."

In Hong Kong, inside the Bank of China headquarters building, a group of big capital leaders close to the mainland gathered together. Mr. Huo was among them, and Mr. Mei Zhuangye also made a rare appearance.

Together with Qin Xiangli, one of the actual controllers of Runhua, Sheng Maoye, director of China Merchants Hong Kong, Chairman of Bank of China Hong Kong, and director of the Hong Kong Office of the institute, it can be said that there are many bigwigs gathered here.

We all got together to discuss the upcoming 100,000 public housing projects at the Hong Kong meeting, and the initial survey results were not optimistic.

It’s not that they are not powerful enough, but that those who were supported by traditional real estate financial groups want to take the opportunity to use the plan as a bargaining chip in exchange for amnesty for certain people.

How is this possible? Yanjing finally took the opportunity to clean up the house, but now he wants to invite back these old men who have been relying on the citizens for a long time to suck their blood?

Wouldn’t Tengda’s death be in vain? Moreover, if the people are released, how will those domestic investors who made profits through short selling deal with it?

Mr. Fok was the first to set the tone. “The top priority is to acquire HSBC shares, take more board seats, dismantle the British and American capital behind HSBC from within, and manipulate and suck Hong Kong’s future.

Secondly, by promoting the development of land north of Jiexian Street, we can attract high-quality local and foreign talents, continue to dilute the influence of companies such as Cheung Kong, and restart Hong Kong's local high-end industrialization.

The ultimate goal is to fundamentally change and shake the original economic foundation and then strive to build Hong Kong into a dream city. We must clearly see that any possible unilateral compromise will shake the foundation of mutual trust between each other. "

Most of the people who can sit here belong to the same camp. They are either the long-term marginalized capital in Hong Kong or the rising stars in the mainland.

They can only gain a firm foothold by relying on the support of the mainland. Now, it is also because of the strong support of the mainland that they have come together to declare war on Hong Kong's traditional real estate and financial groups.

Li Bancheng fled to London, and local groups such as Cheung Kong Holdings have been suspended for a long time. They have lost their backbone and have no one to rely on. The middle-level white gloves have been caught in one fell swoop, and British capital is left with only brute force.

But it cannot be used because the carriers that can carry its power have been destroyed. The internal staff of Tenda has exposed itself and really hurt the investors behind it.

Billions of dollars of wealth were confiscated, financial liquidity was frozen, resulting in a chain reaction of collapse, and all the people and companies involved were sealed off. Even those who managed to escape would face relentless pursuit by domestic capital, which was extremely painful.

The most crucial thing is the link of HSBC. Now it has sold nearly 30% of its shares at once. According to the company law, plus the Southeast Asian shareholders, domestic capital has gained an absolute advantage within the rules of the game for the first time.

Without HSBC's financial support, Hong Kong companies with tight capital chains will have to shut down to survive, or publicly sell high-quality assets, or simply close down and cash out and run away.

For a time, the stock prices of many listed companies in Hong Kong fluctuated violently. Companies led by Qingyun made a fortune by short selling in advance, but American capital suffered certain losses as a result.

They are demanding that domestic capital compromise and provide them with additional liquidity support through negotiations and other exchanges of interests. After all, the liquidity of Hong Kong dollar vouchers is just so-so, and a shortage of money has already formed in the market.

Many small and medium-sized enterprises raised the overnight interbank lending rate by more than ten times, and HSBC and Standard Chartered, the three banks that had the right to issue Hong Kong paper certificates, were hit hard.

The original shareholders were too busy cashing out their dollars and running away, so how could they possibly come up with new dollar equivalents to support Hong Kong's economy? The remaining Bank of China Hong Kong is also struggling to support itself.

Because the support provided by Yanjing had its limits after all, domestic capital poured in to buy shares of Hong Kong-funded enterprises, and most of the funds were transferred out through Bank of China, causing a period of tight money supply.

It was at this time that internal competition intensified and everyone wanted to get a bigger piece of the pie. Bank of China even rejected Minsheng Financial's request to take advantage of the opportunity to acquire a Hong Kong-funded bank to prevent the latter from taking advantage of its huge funds to get more.

It just so happened that the Hong Kong stock market was also facing a large-scale run at this time. More than half of the transactions were originally controlled by American and British capital, and strange things like market capitalizations of hundreds of billions and daily trading volumes of tens of millions were common.

Now, under the impact of massive short-selling funds, it is not uncommon for some stocks to fall by more than 90% in one day. The overall market value has plummeted, and the chain reaction caused is far more than that.

Because many investors have leveraged their investments, often starting at two or three times, and the investment capital may not be their own assets, but may be temporarily misappropriated from financial companies or other channels.

Now there is a flash crash and countless people are queuing on the rooftop. But it’s okay, because a lot of them are supporters of the original real estate financial group, so no one will feel sorry.

However, the demands of American capital and the remnant power of real estate financial groups dumped high-quality companies to cash in, and later took advantage of the situation to short the entire Hong Kong, forcing domestic financial institutions led by Bank of China.

More cash flow had to be diverted to the stock market, the bond market and the futures market to maintain stability, which in disguise consumed a large amount of funds. In order to prevent further collapse, the mainland urgently diverted a large amount of foreign exchange funds into Hong Kong to provide a bottom line.

After all, some American and British capital have joined forces to fight back desperately, and no one dares to boast that they can withstand it without any problems. In the past, they just harvested the fruits of their labor in a steady stream and in cycles.

Now that domestic capital is on the verge of a total victory, there is not much time left for British capital and traditional Hong Kong capital. Since there will be nothing to eat in the future, these people are thinking of dumping the market to make the last profit before leaving.

Big funds led by Li Bancheng are pouring in crazily, mainland capital and international hot money are buying in crazily, and American capital is also taking the opportunity to arbitrage. In short, the situation is not very good, because domestic capital is not a monolithic entity.

The internal differences shown in the voting meeting alone are very troublesome. The parties have come together temporarily for the sake of interests, and after success, conflicts will naturally arise due to the division of interests.

Unfortunately, there is no relatively powerful group that can make the final decision and take charge of the overall situation. Yanjing's words may not be effective as they are thousands of miles away. Didn't you see that the Jiang Office didn't take the initiative to speak?

Whether it is Runhua, Guodian, Nandian, CITIC, Bank of China, ICBC, or Shenzhen Development Bank, none of them is much lower in level than it, and there are a lot of big shots with prominent identities standing behind them.

Yanjing's strong pressure may not be effective and may easily provoke backlash, especially at this critical juncture. There is only a little more than a year left before the plenary session, and this is the time to win broad support from all parties.

Who would dare to do such a thankless task that would definitely offend all parties involved in the end?

The disunity shown by domestic investors was directly reflected in the voting stage for support at the Hong Kong Conference, where the feedback received was very unsatisfactory.

Hong Kong’s traditional capital is not stupid. It quickly seized the opportunity to mobilize its last strength and launch a crazy counterattack!
The two sides are in a stalemate in the financial market and public opinion fields. The latter even does not hesitate to instigate real supporters, including the forces that stayed behind in the past, to openly take action on the streets, looking like crazy dogs who are desperate and want to die together.

Faced with a dangerous situation, everyone knows that things cannot be delayed. If the advantages cannot be quickly transformed into hard power, and if it is delayed for too long and American capital reacts to support Dai Ying, then there will be trouble.

What's more, Li Bancheng was knocked unconscious by a set of turtle punches, and his foundation in Hong Kong was divided up by everyone. The tragic scene was unbearable to watch. The other ten richest people who were watching could not help but feel grieving for the loss of the rabbit.

Both sides are actively lobbying, hoping to win over the other ten major governments to their side. Domestic capital should force its way through the meeting before all parties react. If it is delayed for too long, the 100,000 public housing plan will have even less of a chance.

In theory, everyone present was a family, and Mr. Huo's proposal was also to create a more favorable environment for everyone to take charge of Hong Kong in the future. However, there were noises within Zhongxin and BOC Hong Kong Group.

Some of these voices even reached the venue, making the Ye and Qin families look unhappy, especially Qin Xiangli, who was trying to oust Lin Manhe from Runhua.

However, Bank of China Hong Kong was very uncooperative. Not only did it refuse to hand over the details of Lin Manhe's personal and related accounts, it also obstructed Runhua's takeover of the controlling rights of Watsons and other companies on the grounds that it had not received specific orders from Yanjing.

Finally, it was Minsheng Financial Holdings that coordinated with DBS Bank in Lijiaopo to provide Runhua with a temporary short-term credit line of US$70 billion, allowing it to successfully purchase a controlling stake in a Hong Kong consumer retail enterprise.

"We all understand the urgency of what Mr. Huo just said, but some people and some companies are openly turning their backs on us when it's a matter of life and death. Aren't they afraid of being stabbed in the back in the future?!"

Most of the selected targets were not completed. Qin Xiangli directly questioned the Bank of China, "HSBC sold 24% to Gu, Nandian, Runhua, Qingyun, and Huo's Group have signed a concerted action agreement.

Mr. Hu Yingxiang also recently entrusted his shares to China Unicom and ICBC to exercise voting rights on his behalf. Why didn't BOC Zhongxin sign?

That’s not all!

The funding for the Runhua acquisition was agreed upon but not fulfilled, Nanfang Electric and State Grid formed a group to acquire Hong Kong Electric, the Port Authority approved the Shanghai Port, and Shenzhen Development Bank acquired the terminal port project, which benefited the country and the people.

Why does Bank of China Zhongxin not support it either? "The person in charge of Bank of China Hong Kong said confidently, "The central bank's reply has not been received yet, and the foreign exchange reserves on our books are limited. In order to cope with various emergencies, we follow the instructions of the court.

Sufficient stable currency assets such as the US dollar and the euro must be retained to act as ballast. You are also very clear about the current environment outside. The Monetary Authority of Singapore calls every hour to inquire about the progress.

Is there any need to explain which is more important: Hong Kong's financial security or Runhua and Guodian's acquisition of several companies?

In the final analysis, it's because you were too radical in your actions and caused such big trouble without any room for maneuver.

It has been said repeatedly before that we are all family and there is no need to make things too awkward. But now, things have completely fallen out. They don’t even acknowledge Hong Kong dollars and are determined to get U.S. dollar cash.

Asking for Hong Kong dollars can prove that they are willing to stay and continue to build Hong Kong together. But asking for US dollars clearly shows that they want to slip away, right?

Hundreds of millions of dollars of assets are flowing out every hour, the stock market is short of liquidity, and the futures and bond markets need to fill in billions of dollars a day. How can we provide additional support? "

Zhongxin’s representative also produced supporting documents, indicating that Zhongxin also had insufficient funds on its books. Don’t ask, the answer is that it was supporting the stock market and futures market.

As for whether to follow Hong Kong Capital in short selling (after domestic capital has made a profit from short selling and left the market, they took the opportunity to buy at the bottom, and now the long and short positions have been switched and the war continues), or to take the opportunity to seize the controlling rights of high-quality enterprises.

Only God knows!

"Everyone should calm down. We are gathered here today to discuss how to stabilize Hong Kong's financial market and strive to pass the big plan at the Hong Kong meeting at the end of the month.

Read the error-free version at 69shuba! 6=9+shu_ba is the first to publish this novel.

If we delay any further, something unexpected may happen. I heard that London has sent top leaders to visit Wall Street and Washington in person, hoping to lobby Washington to change its established policies.

There is no need to say more about the relationship between Britain and the United States. The American capital's attempt to disrupt Hong Kong's financial status has worked. Once they realize that supporting British capital will bring greater benefits, and Britain and the United States will unite, can everyone here still keep the benefits they have obtained? "

Hu Yingxiang also came to attend the meeting today. His voting rights and actual benefits have been transferred to China Unicom and ICBC. It is not that he does not want to keep them but they are too hot to handle and the Hu Group does not have sufficient strength.

In order to protect the fruits of victory, before he even got the HSBC shares, countless friends in the business world advised him to be cautious, and the Top Ten in Hong Kong also secretly gave him a heads-up.

They hoped to take over from him at a suitable price. Domestic and American investors were also eyeing the company. Hu Yingxiang could not bear the pressure and simply sold it at a price 1.5 times higher than the market price.

It's just that there's not enough time to go through the transfer formalities, but everyone present knows it well, and if the only person without a conflict of interest speaks out, it will be accepted by all parties.

However, how to coordinate the interests is a metaphysical problem, because Zhongxin’s core demands are completely different from those of other companies. It plans to use the future of Hong Kong.

A big deal with American capital is still under discussion and is still a long way from being concluded. It least wants other domestic capital to be able to coordinate and it would be best if the chaos continues until American capital intervenes.

Otherwise, once the domestic capital is divided up, the profits left for Zhongxin to sell will be very small and it will not be able to sell at a high price.

The Bank of China was also very angry. It was obviously the largest financial institution of Yanjing in Hong Kong, but it did not notify the company in advance of the plan to deal with the Hong Kong compradors, nor did it support them afterwards. It just couldn't get any of the big fat meat.

When faced with counterattacks from Hong Kong capital and British capital, Bank of China had to use its top-tier funds to fill the hole in the stock market and futures, just like a firefighter, but it received no reward for its merits.

It's a typical case of working for a thankless job, taking on the biggest responsibility without any benefits. Once the Hong Kong economy is in danger of collapse, Yanjing will be the first to punish it.

Who can bear this?
It would be strange if I didn’t feel resentful!
As for the other companies, they all had their own ulterior motives and wanted to instigate others to take advantage of the situation for them. For example, Runhua wanted to take advantage of the opportunity to seize Hong Kong's tap water and gas business.

Not to be outdone, Nandian wanted to get its hands on Swire's golden signboard and take the opportunity to get Meizhuang an entry ticket to the high-end consumer market.

If the leaders cannot reach an agreement, the people working below will be at a loss as to what to do. They cannot tell who is the enemy and who is the ally, because the partner who was standing back to back with them one second may stab them in the back the next.

They can win like this, which only shows that their enemies are even weaker!
"If we continue to argue like this, it will only waste precious time. In my opinion, it's better to take it out for a walk. Since we can't reach an agreement, let's each try our best."

Before Mr. Ye came, he had asked Ye Kaiming of the Guoye Group to go to Beijing to find help. Once the Libao Group is persuaded, the success rate of Nandian's overall plan will be greatly increased.

At this point, he looked at Qin Xiangli meaningfully and continued, "With two professional companies, Bank of China and Zhongxin, in the financial market, there will be no problems. I have always been familiar with American capital.

They are mainly after money. Once they have eaten and drunk their fill, they will naturally leave contentedly, so there is nothing to worry about.

Even if Li Bancheng and his once-existing business empire survived this time, they would be crippled and unable to cause any waves.

After all the calculations, half of your core goals have been achieved. Instead of arguing over the rest, it is better for everyone to rely on their own abilities and whoever gets it will get it."

"Boss Ye has a good plan. Oh, we take the brunt of the trouble in the front, and you sit back and enjoy the fruits of your labor. I'm afraid it won't be that good, right?"

As soon as Mr. Ye finished speaking, representatives from Bank of China and Zhongxin jumped out to oppose him. Behind each of them are super-large groups representing the core interests of a large group of people.

At this critical moment when Hong Kong is facing the biggest change in decades, everyone knows that whoever wins this financial decisive battle will have the dominant position in the development of Hong Kong's economy in the next 20 to 30 years.

Take it, and you will be more confident when you go out in the future, because you have money in your pocket!

In the past, Li Bancheng and HSBC could reap hundreds of billions of net profits every three to five years by taking advantage of the cyclical fluctuations in financial and real estate prices.

After they took over, of course they had to act according to Yanjing's plan and they couldn't be too greedy. But even if the market price shrunk by more than half, it would still be hundreds of billions of super wealth. Who wouldn't want to get a bigger share?
It is no exaggeration to say that anyone who dares to pretend to be a good person in today's meeting and takes even half a step back will regret it so much that he will bang his head against the wall when he goes home, and the investors and forces behind him will also be held accountable.

Only a very small number of people such as Hu Yingxiang were involved in the lobbying, but it had no effect at all. Even when Mr. Huo spoke, no one gave him face, compared to the huge amount of silver and a mountain of gold in front of them.

No one was willing to give in.

"It's too shameful to see them eating in such a way. With the enemy at the doorstep, it's far from time to put the weapons in the warehouse. When it comes to rewarding people for their contributions, everyone is blinded by the immediate benefits. If there were no American capital on the side,

Maybe these people will start fighting each other because of the uneven distribution of the spoils.”

Hu Yingxiang chuckled bitterly, and Mr. Huo next to him agreed with him, but he could do nothing about it because other people among the top ten in Hong Kong, such as Zheng Yutong, Guo Jiarong and other bigwigs were still hesitating and watching.

It would be difficult to change these people's minds with just his and Hu's power.

"This is even more difficult than promoting the high-speed bridge project. Perhaps we can only hope for a big setback in the financial market and use the bloody lessons to wake these people up."

Mr. Huo watched coldly and didn't want to talk anymore. He let these people fight for their own interests. After all, he had experienced the worst outcomes and was used to it.

Hu Yingxiang was also speechless, but then he changed his mind and decided that he was just an outsider, so he just needed to take care of himself. The person in charge was not in a hurry, so why should he be anxious for his master?
At worst, the 100,000 public housing plan will fail, and at worst, he will have to wait for British and American capital to join forces to fight back. Anyway, with big players like Bank of China and Runhua leading the way, what is he afraid of?
"I see you guys are having a great time chatting. It seems like I'm not late at all."

Just as the parties present at the meeting were arguing over the division of interests, their faces red and their foreheads sweating, the door of the conference room was pushed open and a group of people strode in.

The leader was Li Zehua, who had not been seen for a long time. Behind him, a large group of highly recognizable figures appeared one by one.

Hu Yingxiang and Mr. Huo looked at each other, their hearts pounding... (End of this chapter)