Handong: Sha Li wants political achievements? I'll shut down the entire province.
Chapter 160: Using Private Savings Across Handong Province to Legally Suppress Wall Street Giants
"The people's money?!"
George William suddenly kicked out, knocking the handcrafted mahogany desk to the ground.
Expensive pens and documents were scattered all over the floor.
The unfinished bottle of Laurent-Perrier champagne shattered, the pale golden liquid soaking into the wool carpet.
"This is impossible! Has that guy surnamed Yan gone mad?!"
George looked like a wild beast cornered in a corner, his eyes bloodshot, his hands gripping his hair tightly.
"China has foreign exchange and financial controls! Using the savings of tens of millions of people to bail out the market is absolutely illegal!"
He pointed at the screen and screamed hysterically, spitting all over the screen.
"Report him to the SEC! Report him to the China Banking Regulatory Commission! This is illegal fundraising! I want him to spend his whole life in jail!"
The blond, blue-eyed data analyst slumped to the ground.
The way he looked at George was like he was looking at a madman who was still dreaming.
"Boss, it's no use. We investigated all their bridging channels overnight."
The analyst's teeth were chattering, and his voice was trembling uncontrollably.
"That's a perfectly legal financial product. In Handong, Yan Qingfeng... rewrote the law long ago."
Our gaze travels across the ocean back to Handong Province.
In the trading room on the 68th floor of the Lingxiao Building, cheers nearly lifted the roof off.
Su Jianxin, holding the now-cold cup of coffee, quickly walked up to Yan Qingfeng.
This usually refined financial tycoon was now grinning so hard that his back teeth were showing.
"Master Yan, George has probably already started writing his will."
He pushed up his gold-rimmed glasses, his tone filled with barely suppressed fervor.
"We swallowed up two hundred billion US dollars worth of short positions in one gulp. Now the US stock market is entirely at our mercy."
Yan Qingfeng leaned back on the leather sofa, playing with the silver lighter.
With a "click," a ghostly blue flame lit up, illuminating his cold, sharp features.
"These foreign devils are shrewd in their calculations, but their vision is too narrow."
Su Jianxin nodded repeatedly and casually opened a data report on the tablet.
"They thought we were draining our cash flow by building factories and roads."
"But little did they know, the entire purse strings of Handong Province were already hanging on Lingxiao's belt."
Two weeks ago, Yan Qingfeng made a brilliant move that even the provincial party committee couldn't understand.
By leveraging its monopoly over the entire province’s “Cloud Holographic System,” the Lingxiao Consortium has deeply bound itself to all the commercial banks in Handong.
They launched a flexible investment product called "Lingxiao Wealth Management" directly in the holographic mall.
Annualized return of 8%, deposits and withdrawals at any time, with no minimum investment required.
In the current sluggish financial market, this is like pouring cold water into a pot of boiling oil, causing it to explode instantly.
What's even more crucial is that this product has the secret endorsement of the provincial party committee.
In an effort to win over Yan Qingfeng, Sha Ruijin publicly endorsed the Lingxiao Consortium at several public meetings.
Ordinary people aren't stupid.
They get high interest rates, and the bigwigs in the province guarantee it.
Who would still put their money in a traditional bank to earn that pitiful dead interest?
In just half a month, the private savings of tens of millions of people in the province were wiped out.
Like a flood bursting its banks, the funds poured into Lingxiao's pool of funds.
"Master Yan, that's a truly ruthless move."
Zhou Yuan had wandered over at some point, approaching with a mischievous grin on his face.
"I went to inquire yesterday, and it turns out that even Secretary Li Dakang's salary card is linked to our holographic system to earn interest."
Zhou Yuan was so happy he slapped his thigh.
"The first thing he does every morning when he wakes up is to check if there's an extra two dollars and fifty cents on our financial management app."
Yan Qingfeng chuckled and tossed the lighter onto the table.
"Li Dakang wants a trillion-yuan GDP, Sha Ruijin wants political achievements, and the people want interest."
He leaned back on the sofa, his fingers tapping lightly on the armrest.
"I gave them what they wanted, and they lent me money for a few days. It's fair."
Su Jianxin looked at Yan Qingfeng and felt a chill run down his spine.
This isn't doing business; it's practically treating the entire province as their personal ATM.
The most terrifying thing is the entire process of bridging and settling funds.
Everything is within the closed loop of the holographic system, completely bypassing the traditional regulatory perspective.
Legal and compliant, flawless.
Those Wall Street people trying to calculate Ling Xiao's cash flow using standard financial statements are bound to get ripped off.
"Old Su, has the market stabilized?"
Yan Qingfeng's smile faded, and his eyes sharpened.
"As stable as Mount Tai".
Su Jianxin immediately stood up straight and pointed at the green candlestick line that shot straight up into the sky on the big screen.
"We used the people's money to back up the stock price, which actually pushed it up by 300 points."
"The Quantum Fund's core holdings have all been liquidated. The system's forced liquidation mechanism has been triggered, and they can't buy any more even if they want to."
The alarms on Wall Street became the background music on the sidelines in Handong.
This night was destined to be the bloodiest night in the global capital markets.
The closing bell rang on Nasdaq.
Everything has settled down.
George Williams' Quantum Foundation has declared bankruptcy and entered into liquidation.
Hundreds of billions of dollars in foreign investment became easy prey for Yan Qingfeng.
An unprecedented financial strangulation was legally seized by Yan Qingfeng using a move called "Star Absorbing Technique".
The sky gradually turned a pale white.
The morning sun pierced through the thick clouds and shone on the floor-to-ceiling windows of the 118th floor of the Lingxiao Building.
Yan Qingfeng stood quietly by the window, holding a cup of hot tea.
The city of Jingzhou beneath our feet has just awakened.
The traffic during the morning rush hour is like a series of glowing blood vessels, wriggling through this vast city.
And the pulsation frequency of this blood vessel now depends entirely on his word.
Zhou Yuan walked in briskly, carrying a newly printed battle report.
"Master Yan, a resounding victory!"
Zhou Yuan rubbed his hands together excitedly, his eyes shining like two little light bulbs.
"Wall Street has completely surrendered. The presidents of several major investment banks sent letters overnight seeking reconciliation, wanting to restart negotiations with us."
He handed the battle report to Yan Qingfeng with both hands.
"We made a net profit of this amount from last night's short squeeze."
Zhou Yuan made an exaggerated gesture, his voice barely audible.
"Mr. Yan, this amount of money is enough for us to build a hundred super factories for solid-state batteries around the world!"
Yan Qingfeng didn't take the battle report; he simply lowered his head and sipped his tea.
His gaze pierced through the clouds, looking towards the distant horizon, his eyes gleaming with an ambition to dominate the world.
"A hundred factories? That's just the beginning."
Yan Qingfeng turned around and casually placed the teacup on the windowsill.
"This pond in Handong is too small; it can no longer contain my dragon."
He patted Zhou Yuan on the shoulder, a smug smile playing on his lips.
"Prepare the chartered plane."
Zhou Yuan was taken aback and subconsciously straightened his back.
"Master Yan, Wall Street is down, where are we going?"
Yan Qingfeng straightened his suit collar and walked towards the door without looking back.
His deep voice echoed in the empty office, carrying a chilling quality that sent shivers down the spines of the entire world.
"Go to the capital. Let those self-righteous rule-makers hear what kind of rule Lingxiao really is."
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