Chapter 234: Hong Kong Island Business War Escalates, Yingzi Plans a Fatal Blow to the Chinese Chamber of Commerce

Yuehan Xun pushed his glasses, nodded, his face gloomy: "Wilson is right. Our Standard Chartered bank has already felt the pressure; many Chinese customers are beginning to question our policies. Some even publicly say they will switch to Chinese banks. Yesterday our VIP client department reported that over thirty major clients have submitted transfer applications, involving funds exceeding 500 million Hong Kong dollars. This trend must be crushed early."

His words shocked everyone. As one of the three major banks on Hong Kong Island, Standard Chartered's rapid client loss indeed caused concern.

Brown also expressed, his voice showing obvious anxiety: "PCCW is the same. Once the Chinese Chamber of Commerce is established, their bargaining power in telecommunications will increase greatly. Yesterday our business department reported that eight Chinese‑funded enterprises have requested renegotiation of contract terms, and their attitude is much tougher than before. This poses a huge threat to our profit margin."

Smith followed quickly: "Harbor Transport Group's situation is even worse. In our freight business, Chinese‑funded enterprises account for nearly 40% of the share. If they truly unite, our business volume could drop by more than half."

For a moment, the conference room rang with overlapping complaints. Everyone narrated the difficulties their enterprises faced, and that unprecedented sense of crisis made all feel panic.

"Then what exactly do we do?" Thompson asked, his voice urgent, "We can't just talk without acting. We need a concrete action plan, and quickly. If we delay further, the Chinese Chamber of Commerce's influence will keep growing."

Wilson turned, his gaze like a knife, his voice becoming colder: "Banks stop lending, trade partners cut cooperation, government projects refuse their participation. Most importantly, we must deliver a fatal blow to them in the stock market."

He walked to the conference table, picked up a thick document—a detailed investigation report on Lu Qingshan's source of funds: "According to our investigation, Lu Qingshan's Xinghan Group obtains the vast majority of its capital from stock‑market speculation. This young man is very clever; he mainly profits through Short Selling, and his success rate is extremely high. But this is also his weakness."

Smith was somewhat puzzled: "Stock market? How do we deal with them there? Lu Qingshan's performance in the market is indeed outstanding, but we cannot guarantee we can defeat him."

"Lu Qingshan's advantage lies in his keen market sense, but his disadvantage is that his capital scale is not yet large enough," Wilson sneered, a malicious glint in his eyes. "Our investigation shows his deployable funds are about 5 billion Hong Kong dollars. The figure looks big, but for us it means nothing."

His voice grew more confident: "I have already spoken with the Governor; the government is willing to use foreign‑exchange reserves to support our action. Adding the funds of our sixteen companies, we can mobilize over 30 billion Hong Kong dollars. With this financial advantage, we can easily steer the stock‑market direction."

A flash of excitement crossed Harrison's eyes, as if he saw prey: "Brilliant! If Lu Qingshan suffers a heavy blow in the stock market, the other members of the Chinese Chamber of Commerce will inevitably waver. Then they will scatter like startled birds. Without Lu Qingshan as the core, the Chinese Chamber of Commerce will be a loose sandpile."

"Exactly," Wilson nodded, his voice becoming more confident, "We must let them know who the true master on Hong Kong Island is. Let them understand the outcome of challenging us. We will give all Chinese enterprises a lesson, making them realize that on Hong Kong Island, Yingzi Group's position is unshakable."

Williams also said excitedly: "This plan is great! We at Hutchison Whampoa are willing to fully cooperate. As long as we can defeat Lu Qingshan, we are ready to invest 1 billion Hong Kong dollars."

Thompson also expressed: "Kowloon Warehouse is also ready to cooperate. We have endured the arrogance of Chinese enterprises for too long; it's time to show them our power."

The conference room erupted in approval, each face showing excitement. These Yingzi magnates had long been unable to tolerate Lu Qingshan's arrogance, and now finally had a chance for retaliation.

"When do we start?" Shi Dani asked, his voice impatient, "We must act before the Chinese Chamber of Commerce fully forms, otherwise it will be too late."

"Tomorrow we start," Wilson said resolutely, his voice bearing unquestionable authority, "We will let Lu Qingshan know that on Hong Kong Island's financial market, we are the true rulers. The stock market will become his grave, and the Chinese Chamber of Commerce his sacrificial offering."

Yuehan Xun pushed his glasses, his voice turning cold: "Standard Chartered is already prepared. Starting tomorrow, loan applications from all Chinese Chamber of Commerce member enterprises will be rejected, and existing loan rates will be raised. We will make them feel financial pressure."

Brown also expressed: "PCCW is ready as well. We will raise the communication fees for Chinese enterprises and lower service quality. Let them know that without our support, their business will be affected."

For a moment, the atmosphere in the conference room grew even more heated. Everyone voiced commitments to deliver a fatal blow to the Chinese Chamber of Commerce. This collective anger and determination filled the room with killing intent.

Wilson looked at these excited faces, a sense of satisfaction rising in his heart. He knew this operation would be a perfect counterattack for Yingzi Group. The Chinese Chamber of Commerce had just been established, its foundation still unstable, making it the best time to strike.

"Gentlemen, this operation concerns the future of our Yingzi Group," Wilson's voice became solemn, "We must let everyone on Hong Kong Island know that Yingzi Group's position is unshakable. Anyone who challenges us will pay a heavy price."

The conference room rang with enthusiastic applause, each face written with excitement and anticipation. These Yingzi magnates seemed to already see the dawn of victory, seeing the collapse of the Chinese Chamber of Commerce.

However, they did not know that on the other side of Hong Kong Island, Lu Qingshan was also preparing for the upcoming war. How this commercial war will end, only time can answer.

Night fell, Deep Water Bay Manor returned to its usual tranquility. Yet everyone knew an unprecedented business war was about to begin. Hong Kong Island's financial market will become the main battlefield of this war.