2243 [Excited]
On the same day on May 15, both Ming Pao and Tiantian Daily broke news that HSBC Bank was suspected of participating in shorting the Hong Kong stock market and futures market.
Once this was reported, it immediately caused a sensation in Hong Kong.
Although both newspapers only reported in "suspected" speculation and did not seem to confirm the matter, it was enough to make the citizens feel angry.
Since the outbreak of the Hong Kong economic crisis, neither the Hong Kong and the British government nor HSBC have taken any effective actions to save Hong Kong's economy. Instead, they stand by and remain indifferent. This practice has made the Hong Kong people very upset.
You should know that as the managers of Hong Kong and HSBC as the quasi-central bank of Hong Kong, their responsibility is to stabilize the Hong Kong economy.
But since the outbreak of the economic crisis, they have been doing nothing, which is a serious dereliction of duty, dereliction of duty and despicable.
Now there is news that HSBC has shorted the Hong Kong stock market and the futures market. This is no longer a dereliction of duty, and it is a waste of time to eat and not work. It is clearly a custody and a stolen person and a full pocket.
According to Hong Kong, eating noodles and eating bottoms is the most disgusting practice. Even the underworld, which has the lowest moral standards, cannot tolerate such behavior.
Therefore, when people learned that HSBC had betrayed the trust of Hong Kong people and committed this kind of behavior, they became angry.
"We want to borrow money from these bastards, and we don't want to give it a loan. We said we had no money. It turned out that we used the money to short it."
"Using our deposits to short Hong Kong has caused us to lose our jobs and become negative assets, which is simply outrageous!"
"As a quasi-central bank, HSBC not only did nothing in the face of the economic crisis, but also shorted it, which caused our Hong Kong economy to become like this. It is simply a great crime!"
Amid the excitement of the crowd, many people began to go to the streets to protest.
Due to the economic crisis, the unemployment rate in Hong Kong has reached 30%, and nearly 200,000 people have no jobs.
Without a job, there will be no income and there will be no survival, which makes them feel resentful and urgently needs to be vented.
At this time, when they heard this news, they immediately walked onto the street.
Anyway, they had no job at all, so they had time to protest.
There are a thousand people, and there are crowds of people; there are ten thousand people, and there are boundless.
What's more, at least 50,000 people are now rushing to the streets, and the scene is simply terrifying.
They gathered in Central, where HSBC head office is located, and asked HSBC Bank's senior bank John Pang to come out and explain, asking the Hong Kong government to take measures to save the economy as soon as possible.
...
Faced with these surging public opinion, HSBC was at a loss for a moment.
"Class, should we issue a statement first and deny that we have done this?" a manager asked John Pang for advice.
Now the public is full of grievances. Looking down from the top floor of HSBC Building, the heads are full of people, which shows how many people are protesting.
In this case, HSBC must respond. Otherwise, the more people gather, it may eventually lead to very serious consequences.
You should know that due to the economic crisis, Hong Kong's self-killing rate has risen by nearly ten percentage points. Since the economic crisis, there have been 20 to 30 people who jumped off buildings and killed themselves.
Therefore, it is impossible to rule out that people will lose their minds and break into HSBC. Once someone takes the lead, it is likely to trigger a herd effect. At that time, hundreds or thousands of people will break into HSBC headquarters, which is amazing.
"Denied this?!" When John Pang heard this, he sneered, "They are waiting for us to issue this statement."
Although Ming Pao and Tiantian Daily only used a "suspected" guessing tone when reporting, it seemed that there was no solid evidence.
But John Pang knew that they must have real evidence in their hands. Otherwise, with Xia Tian's caution, it would be impossible to report this news.
If he makes a denial statement now, Xia Tian can immediately provide evidence to refute it.
At that time, if you don’t admit your mistakes, make a quibble, and have no intention of repentance, this will be even more sinful.
"Then let's admit this?" The manager frowned and asked after hearing John Pang's analysis.
"Acknowledge this?! Isn't that asking for death? Now that the news has not been confirmed, so many people have gathered downstairs. If we admit this again, wouldn't all people in Hong Kong come!" John Pang shouted loudly.
"When we don't deny or admit it, what else can we do?" The manager was stunned when he heard this.
"Of course we can do is to mix up the water. This time we are not the only one who participated in the shorting of the stock market. We pulled them all into the water and shared our responsibilities." Pang John said, "I heard that Xia Tian also participated in this shorting?"
"Well, I received the news that he seemed to be very close to Soros and also invested in Soros' quantum fund." The manager nodded.
"Very good. Didn't he want to drag us into the water? Then we will drag him into the water too. At that time, it will be as dark as crows in the world. Let's see who dares to say who?" John Pang sneered.
"Then I'll collect evidence immediately." The manager nodded.
"In addition, call the Chief of Police and ask him to send someone to maintain order immediately. Tell him that if a demonstrator enters the headquarters, I will never be the number one in the police force again." John Pang ordered again.
"Yes." The manager nodded immediately.
...
After learning the news, the Hong Kong police attached great importance to it and immediately sent a large number of police forces to maintain order.
They erected a fence at the HSBC headquarters to isolate the protesters from the headquarters building. At the same time, they also sent negotiating experts to shout to the people, asking them to disband themselves and not gather here.
When the people saw that HSBC refused to come forward to explain the matter, they sent the police to come, and were immediately annoyed.
They shouted loudly: "John Pang came out!", "Explain us!", "HSBC collapsed!"
The sound shakes the roof tiles, deafening!
Seeing the public opinion surging, the police did not dare to take measures rashly.
To be honest, if there are only a few hundred people, it would be easier. At that time, you can use tear gas and high-pressure water guns to drive them away, and then arrest some people who lead the trouble, which should be able to calm the storm.
But there are now 40,000 to 50,000 people on site, and the number is still increasing.
The Hong Kong police have only more than 20,000 people in total. Even if they are all transferred, they are much smaller than the number of people.
If measures are taken rashly, conflicts will be escalated and civil unrest will be a big deal.
Chapter completed!