Chapter 846: 836 Director Director Director Director Director Director Guan Zu: What? You Stole My Money and Fled to the United States?

Over the following week,

the Hong Kong dollar exchange market and the Hong Kong stock market experienced repeated fluctuations as both sides continued their game of chess.

The Soros team continued to inject capital into their operations.

Every morning, after arriving at the office, Roden Jones would issue specific instructions to sell off large-cap blue-chip stocks in the stock market, hoping to drive the index downward.

Other international hot money followed suit, continuously hammering the market.

In the global foreign exchange market, they continued to sell off Hong Kong dollars, attempting to suppress the exchange rate.

Whenever the Hong Kong dollar exchange rate dipped, the Monetary Authority would use foreign exchange reserves to buy Hong Kong dollars, maintaining the rate within the range of the Linked Exchange Rate System—though, of course, they would let a little slip through, slowly allowing the rate to slide.

As for Director Director Director Director Director Director Guan Zu, he would also slowly prop up the stock market, letting it drop gradually so it wouldn't crash too hard.

On the first day,

the Hong Kong dollar exchange rate fell by 0.3% under the operations of the Soros team; after the Monetary Authority intervened, the decline narrowed to 0.1% by the close.

As for the stock market, the Hang Seng Index fell 0.8% for the day, though it rebounded in the afternoon session due to buying by the Five Star Group, ultimately closing down 0.4%.

On the second day,

the Soros team increased their sell-off of Hong Kong dollars by 20% compared to the previous day, and the Hong Kong dollar exchange rate fell by 0.2%.

In the stock market, the Hang Seng Index opened down 0.6%, saw a slight rebound during the session, and closed down 0.3%.

Over the next few days,

both sides continued to play their game in the market. The Soros team adjusted their operational focus, sometimes emphasizing the forex market, sometimes the stock market.

By Friday,

the Soros team had sold off 8 billion Hong Kong dollars in the forex market, and the exchange rate fell by 1% that day.

In the stock market, the Hang Seng Index fluctuated throughout the day, closing down 0.8%.

Over this week,

the overall forex and stock markets showed a downward trend.

The Hong Kong dollar exchange rate fell by a cumulative 0.8%, and the Hang Seng Index fell by over 2%.

Over in New York, Soros looked at these figures with a satisfied expression on his face.

……

……

Guangdong Province, Guanyi.

Just as the financial war was raging over in Hong Kong,

Director Director Director Director Director Director Guan Zu arrived in Guanyi.

At 16:40 in the afternoon, the sun was slanting to the west.

Inside the Guanyi Overseas Chinese Hotel,

(Image)

the second-floor banquet hall had been meticulously decorated as a signing venue.

The banner read: "Guangdong-Hong Kong Economic Cooperation and Guanyi Investment Signing and Negotiation Conference."

This time, Director Director Director Director Director Director Guan Zu acted as the leader, bringing the bosses of over 20 Hong Kong enterprises to invest in Guanyi.

They received a warm welcome from Guanyi.

The entire negotiation conference had a warm and solemn atmosphere.

Director Director Director Director Director Director Guan Zu was dressed in a crisp dark suit, sitting on the left side of the podium, with relevant leaders of the Guanyi Municipal Government beside him.

Below the stage sat the bosses of more than 20 Hong Kong enterprises.

After a brief opening statement by the host, the Guanyi Municipal Government leader delivered the first address, introducing Guanyi's superior investment environment, convenient transportation conditions, and various policies supporting enterprise development, expressing a warm welcome to the Hong Kong entrepreneurs coming to invest.

Subsequently, Director Director Director Director Director Director Guan Zu spoke as the representative of the Hong Kong enterprises.

"Guanyi has a sound industrial foundation and abundant labor resources, and it is highly complementary to Hong Kong economically. We have brought over 20 enterprises here this time precisely because we hope to take root and develop here, achieving mutual benefit and win-win results."

After the speech concluded, the signing session officially began.

The Hong Kong enterprises coming to invest this time involved the electronics manufacturing, textile and garment, toy manufacturing, and plastic products industries.

As more and more enterprises moved north to invest, they earned more and more money.

The reputation had spread.

Consequently, enterprises that originally did not want to move north began to take action one after another.

And this batch could be considered relatively late arrivals.

Why did Guanyi develop so quickly?

The root cause lay in a 1978 document—the "Trial Measures for Developing Foreign Processing and Assembly Business"—and Guanyi, as a pilot county, was the first to introduce the "three forms of processing and one compensation" model.

Then, it gradually developed: garments in Humen Town, electronics in Chang'an Town, furniture in Houjie Town... the degree of industrial clustering was quite high, forming a unique situation of strong towns standing side by side.

And now, in 1997, Guanyi did not yet have the slogan of "World Factory," but the preferential conditions were still very attractive to Hong Kong investors.

On the signing stage, Director Director Director Director Director Director Guan Zu led the heads of each enterprise to sign investment agreements with the Guanyi Municipal Government representatives one by one.

The signing of each agreement was accompanied by warm applause from the scene.

After the signing was completed, the representatives of both sides shook hands and took photos.

After the signing ceremony ended, there was a reception dinner hosted by the Guanyi government.

"Mr. Director Director Director Director Director Director Guan, thank you for this investment..." The leader held a wine glass, came before Director Director Director Director Director Director Guan Zu, and toasted him.

"You're welcome, it's mutual benefit..." Director Director Director Director Director Director Guan Zu smiled.

The leader shook his head and said, "No, no... Mr. Director Director Director Director Director Director Guan, your coming here is different; other investors are not as easy to talk to."

Other investors coming to Guanyi were eager to swallow a pile of benefits, sometimes even demanding that Guanyi cut its own flesh.

Director Director Director Director Director Director Guan Zu was different; he had brought five investment groups, all of the mutually beneficial kind.

That was why the leader liked Director Director Director Director Director Director Guan Zu coming.

Just then,

"Mr. Director Director Director Director Director Director Guan, Mr. Director Director Director Director Director Director Guan..."

Someone familiar to Director Director Director Director Director Director Guan Zu walked into the banquet hall.

It was Lei Youcai.

(Image: "I Am a Thief")

The leader saw him: "Mr. Lei, what's the matter?"

Lei Youcai looked furious as he came before Director Director Director Director Director Director Guan Zu: "Mr. Director Director Director Director Director Director Guan, you must stand up for me!"

Director Director Director Director Director Director Guan Zu glanced at the surroundings: "Wait a moment, don't be anxious."

Director Director Director Director Director Director Guan Zu took Lei Youcai to a corner.

Director Director Director Director Director Director Guan Zu: "Speak."

Lei Youcai took a deep breath, trying to calm his emotions: "My factory here in Guanyi recently ran into big trouble."

"Some time ago, because the factory received payment for goods settled in foreign currency, I deposited over 30 million in funds into the securities business department of the * Bank Dongguan Branch."

"I originally intended to leave it there temporarily, but who would have thought, when I went to check a few days ago, I discovered that this money had been embezzled!"

The more he spoke, the angrier he became.

"After the bank investigated, they said it was done by two employees in their business department. One is named Wu Mei, the other is Wei Wei Junren, and the two are a couple."

(Image)

"They used their professional convenience to transfer the money I deposited in the securities margin account to their own personal accounts to trade stocks."

"I heard that the one named Wu Mei even studied computer science; she actually modified the backend program to balance the books, keeping it hidden without being discovered. But not only did they not make money trading stocks, they lost quite a bit."

"Now, it's even worse; the money lost more and more, and they knew they couldn't hide it anymore, so they actually ran away!"

Lei Youcai became angrier as he spoke.

"I only found out the news in the last two days. The bank people said these two have already fled to the United States."

"I went to the bank to demand an explanation, and they just said they were investigating, never giving a clear answer. This is over 30 million! It's the life-saving money for the factory's future production expansion!"

After hearing this, the smile on Director Director Director Director Director Director Guan Zu's face gradually disappeared, and his brows furrowed slightly.

Director Director Director Director Director Director Guan Zu's current status, besides being the richest man in Hong Kong, also included being the main leader calling for Hong Kong businessmen to move north, and the president of the Hong Kong Businessmen's Chamber of Commerce in the north.

Director Director Director Director Director Director Guan Zu held shares in all the investments.

In other words, a portion of this 30 million belonged to Director Director Director Director Director Director Guan Zu and the Five Star Group.

You stole my money and still want to run?

Director Director Director Director Director Director Guan Zu turned his head to look at the top leader of Guanyi.

The top leader had been watching this side; he naturally knew something had happened.

Seeing Director Director Director Director Director Director Guan Zu's gaze, he walked over quickly.

"Mr. Director Director Director Director Director Director Guan, what happened?"

Director Director Director Director Director Director Guan Zu pulled Lei Youcai over: "He will tell you."

Lei Youcai started rambling again.

Upon hearing this, the leader's expression immediately became serious, and without a second word, he said: "Mr. Director Director Director Director Director Director Guan, Mr. Lei, I know about this matter now."

"The fact that such a problem occurred at the * Bank Dongguan Branch means our supervision was not in place. Please rest assured, Mr. Lei, and please rest assured, Mr. Director Director Director Director Director Director Guan, we will definitely urge the bank to speed up the investigation progress immediately and track down the whereabouts of these funds with all our might."

"No matter who is involved, and no matter where they have run to, we will investigate it to the end."