The Fourth Lingshi Financial Crisis Chapter 478 Sensitive Clauses
As we all know, the Haiya Chamber of Commerce is a trading giant in the Eastern Ocean on the surface, but secretly it is a gray industry group that started by helping Zhongzhou cultivators launder money and lend usury abroad. Its biggest reliance on survival is that the Wuliang Sword Sect cannot set up in it.
Many of its overseas branches forcefully audit their accounts.
Liu Hanxing throws out this hard request at this time, obviously just to disgust people, because there is no way the Haiya Department will hand over what Liu Hanxing asks for!
In fact, the Wuliang Sword Sect has tried many times to get the Haiya Clan to hand over the audit papers of its overseas branches. However, Xu Haihong, the head of the overseas branch of the Haiya Chamber of Commerce, persuaded the Shenhuo Sect, the overlord of Huoyun State, on the grounds that the matter involved the security of the Huoyun State mainland.
Because of the refusal to cooperate with Zhongzhou's investigation, even the Wuliang Sword Sect has no way to deal with the Haiya Sect.
Because this is no longer that the Haiya Sect is not cooperating with the Wuliang Sword Sect’s investigation, but that the overlord of the Fire Cloud State, the Shenhuo Sect, is not cooperating with the Wuliang Sword Sect’s investigation. No matter how strong the Wuliang Sword Sect is, they cannot run across the Huoyun State.
State law enforcement, after all, Shenhuo Sect is also one of the seven major sects in Kyushu, how can other sects be allowed to interfere in internal affairs?
In addition, Haiya's allies within the Wuliang Sword Sect have spoken out, saying that the Wuliang Sword Sect cannot in turn punish its subordinate vassal sects because of the rude demands of the Shenhuo Sect, even if the Wuliang Sword Sect is very aware that the Shenhuo Sect has jumped out to stop them.
The reason for the investigation was because the Haiya Clan was obstructing it, but the Wuliang Sword Sect could never reach a consensus on the decision to punish the Haiya Clan.
Liu Hanxing suddenly took out this clause at this time, and the timing can be said to be perfect.
According to the description of this selection document, this selection requires each participating chamber of commerce to submit all audit papers, mainly to prevent financial risks for the official partners of Wuliang Sword Sect.
If it were placed in the past, this clause would definitely be suspected of targeting the Haiya Chamber of Commerce. If the Haiya group exposed this clause, it would definitely cause an uproar in the cultivation world.
However, since the debt crisis of the Luo Family Chamber of Commerce broke out, no one dared to say that Liu Hanxing’s request was unreasonable!
Before the Luo Family Chamber of Commerce fell into a debt crisis, it issued a huge amount of special bonds in Zhongzhou. The scale of this debt financing was extremely large. Although the Luo Family Chamber of Commerce has never disclosed the total scale of this debt financing, according to the speculations of the victimized cultivators afterwards
, the total size of this batch of bonds may not be less than 10 billion yuan in spiritual stone coins, which can be called the largest unofficial financing in the history of the cultivation world.
Looking at the entire Jiuzhou cultivation world, apart from Pan's Commercial Bank, which was supported by President Lu, only the Luo Family Chamber of Commerce has the strength and credibility to support such a large-scale debt financing. In order to support the issuance of bonds, the Luo Family Chamber of Commerce has also formulated a
Bond interest rates that are significantly higher than market levels.
Considering that the return on investment in the Jiuzhou cultivation world has been quite sluggish, this move by the Luo Family Chamber of Commerce has undoubtedly added fuel to the fire, attracting strong pursuit from cultivators with extra money.
Since no one believed that the second-largest cultivation chamber of commerce in Zhongzhou would collapse overnight, when the Luo Family Chamber of Commerce issued special bonds, the scene was extremely heated. Even if you wanted to buy more credits, you still had to
Through backdoor or black market transactions, not only local cultivating forces such as the Luoxia Sect and the Cultivation Chamber of Commerce actively subscribed, but even many ordinary individual cultivators made large subscriptions out of their own pockets.
Although many negative rumors about the Luo Family Chamber of Commerce spread later, because the Luo Family Chamber of Commerce repeatedly refuted the rumors in the "Cultivation Financial Weekly", and there were many high-level monks from the Wuliang Sword Sect to support the Luo Family Chamber of Commerce, even when Luo Hui was there
A few days before absconding from Huo Yunzhou, he also participated in the commemoration ceremony of Ma Tianyi, the former head of the Wuliang Sword Sect, for the "470th Anniversary of Ascension in the Day", and subscribed for bonds with a face value of 10 million yuan of spirit stones out of his own pocket to show his pride.
My confidence in the credit of Luojia Chamber of Commerce.
It is precisely because the various performances of the Luo Family Chamber of Commerce are so good that most of the ordinary retail cultivators who subscribed for the bonds did not take these alarmist rumors to heart at all. Some even tried to draw chestnuts from the fire and took advantage of the falling bond prices to buy bargains.
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On the contrary, cultivation chambers of commerce like the Haiya Group, which had overseas intelligence channels and had heard unfavorable rumors in Huoyun State in advance, took advantage of this opportunity to cash out on a large scale and leave the market at all costs.
Because the shipment volume of several cross-state institutions such as the Haiya Chamber of Commerce was too large in a short period of time, retail investors were simply unable to undertake it. The Haiya Chamber of Commerce not only lost all its profits, but even lost a lot of its principal. However, it was laughed at the Haiya Chamber of Commerce.
The short-sighted cultivators did not know that this was already the last chance for escape for the bond holders of the Luo Family Chamber of Commerce.
With Luo Hui, the big boss of the Luo Family Chamber of Commerce, absconding from Huoyunzhou, the Ponzi scheme of the Luo Family Chamber of Commerce finally couldn't continue. The bonds issued by the Luo Family Chamber of Commerce were also reduced to feathers in an instant. The bonds originally had a face value of tens of thousands of spiritual stone coins.
Time has become a piece of waste paper that cannot be redeemed.
Countless retail cultivators, as well as poorly informed cultivators like the Luoxia Sect, have become the receivers of bad debts of the Luo Family Chamber of Commerce and have fallen into a serious financial crisis.
Since the Luo Family Chamber of Commerce's initial issuance of special bonds was jointly approved by the Wuliang Sword Cultivation Financial Supervision Committee and the Lingshi Reserve Bank (although Li Qingyang himself expressed clear objections), some cultivators have already gathered in Wuliang during this period.
There was a riot and protest at the Sword Sect headquarters.
Of course, the reason why the Luo Family Chamber of Commerce can specialize in large-scale bond issuance is mainly because they, as the white gloves of the Wuliang Sword Sect, have helped the Wuliang Sword Sect take over many old bad debts, so Lin Jianxing ignores the Lingshi Reserve Bank.
On the advice of Chief Li Qingyang, Luo Hui was unilaterally given special bond issuance rights to the Luo Family Chamber of Commerce, so Luo Hui was at best the white glove of the Infinite Sword Sect.
Compared with the small amount of money that Luo Hui involved in Fire Cloud State, in fact, the spirit stone coins paid by most investors who purchased the special bonds of the Luo Family Chamber of Commerce have become cultivation resources for cultivators of the Wuliang Sword Sect and cannot be recovered at all.
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If there is a debtor and a wrongdoer, the Immeasurable Sword Sect should have been the primary person responsible for this financial crisis.
However, the cultivators who caused the trouble did not really want to rebel, they just wanted to gain recruitment through making trouble, so they did not dare to openly slander the Wuliang Sword Sect, and their banners were similar to "Severely Punish Unscrupulous Cultivation Capitalists", "
The capital is too bad", "Let the Luo Family Chamber of Commerce spit out all the stolen money", "The Lingshi Reserve Bank must pay the full price", and slogans such as "The Wuliang Sword Sect has good intentions, but there are traitors below"
mean.
It is precisely because these cultivators dare not openly hold the Wuliang Sword Sect accountable, but instead use the white gloves pushed out by the Wuliang Sword Sect as targets, the Wuliang Sword Sect has not violently suppressed these troublemakers so far.
However, the Luo Family Chamber of Commerce has helped the Wuliang Sword Sect deal with hundreds of years of bad debts, and has delivered tens of billions of spirit stone coins to cultivators at all levels. Its financial hole is so big that it can scare people to death.
The momentum of the troublemakers is not big enough now, mainly because the Wuliang Sword Sect has always claimed that it is actively helping investors recover their stolen money. People still have illusions about the Wuliang Sword Sect and are worried that they will not be able to get the Wuliang Sword after participating in protests and riots.
Pai was compensated afterwards.
But these short-sighted guys did not expect that the Wuliang Sword Sect's finances could not cover such a big hole. In other words, if the Wuliang Sword Sect could cover such a big financial hole, Lin Jianxing would not have let the Luo Family Chamber of Commerce
Come clean up the mess!
In fact, with the energy of the Infinite Sword Sect, it is not impossible to arrest Luo Hui across state lines at all costs, but in fact, the Infinite Sword Sect Law Enforcement Hall has not even moved so far.
Because catching Luo Hui at this time may not be a good thing.
Not to mention that this kind of burning of bridges will chill the heart of the head of the White Gloves. More importantly, if the creditors of the Luo Family Chamber of Commerce suddenly find out, Luo Hui's private wealth cannot make up for the huge hole in the Luo Family Chamber of Commerce.
If the target of the attack would be turned back to the Wuliang Sword Sect, it would be better to let Luo Hui go unpunished and then take the blame for the Wuliang Sword Sect.
Although the situation in Zhongzhou still seems to be stable and controllable, as the "recovery of stolen money" continues to produce no results, more and more cultivators and cultivator forces will definitely lose their patience and join the protest team.
At that time, it would not be so easy for the Wuliang Sword Sect to show off to the lake.
This is why cultivators of the Wuliang Sword Sect have been putting pressure on the Lingshi Reserve Bank, hoping that the Lingshi Reserve Bank will come forward to help the Wuliang Sword Sect tide over the difficulties. However, when Li Qingyang was the president of the Lingshi Reserve Bank, this kind of
All the proposals were suppressed by the powerful old president, leaving no room for negotiation.
However, as Li Qingyang's life span is exhausted, it is very doubtful whether Yuntianhua can continue Li Qingyang's monetary policy stance.
Although the Luo Chamber of Commerce incident has caused endless harm, the current situation has not reached the point of total collapse.
Despite this, everything related to the Luo Family Chamber of Commerce has become a very sensitive topic. Currently, the mainstream public opinion in Zhongzhou unanimously believes that the reason why the Luo Family Chamber of Commerce is experiencing thunder is because the cultivation capitalists are too bad. If Luo Hui had
If you can hand over the audit papers of your own chamber of commerce, you won't be able to defraud such money.
Since this explanation directly removed the Wuliang Sword Sect from the problem, the Wuliang Sword Sect official also intentionally added fuel to the fire, and even deliberately promoted this statement in the "Xu Zhen Financial Weekly" to suppress other explanations, which led to the failure to hand over the audit
The manuscript has become a heinous crime that everyone wants to beat.
If the Haiya group dares to say that Liu Hanxing's rule is unreasonable, it is equivalent to provoking the most sensitive nerves of the victims of the Luo Family Chamber of Commerce incident. They will definitely be sprayed to death by the public opinion of the Zhongzhou cultivation world, even if the Haiya Chamber of Commerce
Even though he knew that this was just a slap in his face, in order not to attract hatred, he still had to praise Liu Hanxing for his good fight!
Even after Yang Lu saw the terms carefully set by Liu Hanxing, he couldn't help but praise the other party. This way of doing things seemed very rough, but it was so crude that people couldn't find any fault with it. It was considered both face and dignity.
Done right.
Liu Hanxing can win the respect of Lin Jianxing, and his ability to do things is quite good. He is definitely not a person who has a reputation in vain!
And the chamber of commerce representatives involved in the selection are not fools either.
Everyone knows that the selection criteria specified by Liu Hanxing will definitely target the Haiya Chamber of Commerce deliberately.
Therefore, no one was surprised when they saw this clause specifically for the Haiya Chamber of Commerce. In order to prevent financial risks for partners, the reason for requiring partners to submit financial documents for all overseas branches is indeed high-sounding.
After all, if you don’t hand over the audit papers, how will everyone know that you are not the second Luo Family Chamber of Commerce?
Just relying on words is definitely not enough. Just a few days before the Luo Family Chamber of Commerce declared bankruptcy, Luo Hui openly claimed at the commemorative ceremony for Leader Ma Tianyi's ascension that all the wealth of his chamber of commerce was given by the Wuliang Sword Sect and Leader Lin.
Of!
Thinking of this, everyone turned their attention to Su Yuanfeng next to Liu Hanxing. Even Editor Xie of "Xiu Zhen Financial Weekly" cast a questioning look, obviously asking Su Yuanfeng if it was not convenient to use this sensitive topic as an excuse.
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After noticing everyone's gaze, Su Yuanfeng slapped the document in his hand on the table and said: "Haiya Chamber of Commerce will not be able to produce this audit manuscript, and the Shenhuo Sect will not agree to us handing over the audit manuscript unless we never do it again in the future.
Doing business with Huo Yunzhou!"
Liu Hanxing smacked his lips and said, "That's such a pity!"
"Regret?" Su Yuanfeng snorted, obviously very disdainful of Liu Hanxing's pretentious speech, "Isn't this what President Liu wants to see? We are deliberately excluded from the Haiya Chamber of Commerce!"
This chapter is not over yet, please click on the next page to continue reading! Liu Hanxing said with an innocent face: "This is all for the smooth advancement of the reform. If this kind of clause is not set up, who knows whether the chamber of commerce that will become the winner in the end will become the first
Two Luo Family Chamber of Commerce?"
"You are targeting us!"
"If you are dissatisfied, you can appeal to the Law Enforcement Hall, or you can submit an article to Xiuzhen Financial Weekly. But I want to explain in advance that this clause will not only be used in Haiya City. We will use it in every tender in the future. It is definitely not targeted at a certain company.
Chamber of Commerce!"
Seeing Liu Hanxing's righteous look, Su Yuanfeng also laughed angrily: "What a treat for everyone! I hope President Liu will treat everyone equally in the end!"
Liu Hanxing raised his eyebrows and asked, "What do you mean?"
Su Yuanfeng turned slightly to the side and said in a voice that only the two of them could hear: "Do you think everything will be fine if we exclude our Haiya Chamber of Commerce? I might as well tell you that the sixty-three chambers of commerce that came to bid today,
There are fifty-one people from us, I want to see how many excuses you can find to eliminate them all!"
As soon as these words came out, Liu Hanxing couldn't help but change his face slightly.
He knew that the Haiya Chamber of Commerce must have arranged other white gloves, but he did not expect that among the 63 participating chambers of commerce, nearly 80% were arranged by the other party. Liu Hanxing even felt that if he had not chosen to come and take charge in person,
It is estimated that this recruitment has long turned into a farce directed and performed by the Haiya group.
However, in the face of Su Yuanfeng's threat, Liu Hanxing remained calm and replied softly: "I don't have to worry about it, President Su. Speaking of which, President Su surrounded the bid so blatantly, aren't you afraid that the Infinite Sword Sect will hold you accountable?"
?”
Su Yuanfeng sneered and said: "President Liu is not afraid to write his malice on his face, why should we be afraid? These chambers of commerce have nothing to do with our Haiya Department. They are all normal business dealings. Is it illegal for us to make some personal friends?
