Chapter 429 HSBC Vandalized
Chapter 429 HSBC Vandalized
Victor continued by saying, "Of course, there are some conditions to the credits. Honestly, we're somewhat familiar with your situation. We're not sure what kind of collateral you can provide, so why don't you suggest something, and we'll see if we can accept it.""Alright, I'll consult with my superiors and get back to you as soon as possible. Oh, and about those materials I mentioned earlier, can you provide them?"
"No problem."
"Cocaine, morphine, and penicillin—we can give you 50 boxes of each. We can be more flexible with the cocaine and penicillin once our transactions increase."
"Painkillers, medical alcohol, iodine, medical equipment—no limit. It's all based on your needs."
"As for anti-aircraft heavy machine guns, anti-aircraft guns, and heavy artillery, the quantity won't be huge, and they'll need to be routed through the Middle East first, so it'll take four to six months."
"As for the airplanes, we can't provide complete aircraft, but we can give you 320 sets of engines, along with some spare parts and ammunition for all U.S. models. The rest, you'll have to figure out yourselves."
"As for cotton, fabric, and machine tools, just bring us a detailed catalog specifying how much you need and what kind of machines. We can procure it all."
Mr. Xu was stunned.
Heavy weapons? Agreed.
Aircraft engines? They were selling those too.
This Hardy Group had such strong connections that they could obtain these materials—and they dared to sell almost everything to a group currently known as terrorists rebelling against the Chinese government.
"Are you serious, Mr. Victor?" Mr. Xu asked, almost disbelieving.
"Of course. How could I joke about such a big deal?" Victor replied.
Mr. Xu stood up excitedly. "Great! I'll contact my superiors and finalize the procurement catalog. We'll also discuss what kind of collateral we can offer."
After saying this, Mr. Xu took his leave.
The news quickly reached the upper echelons of the Communist Party.
The leadership was thrilled about the opportunity to purchase these materials from the Hardy Group, but when it came to discussing the collateral, everyone fell silent.
What could they offer as collateral?
They didn't have anything tangible to offer. The other side was providing actual goods, including items that others wouldn't dare sell to them, and they were even risking getting them delivered.
But they had nothing of value to offer in return.
Money? They didn't have any.
Artwork? The Hardy group clearly refused to buy the Chinese artwork as they weren't valuable in the western world.
Land?
They were still in a civil war, and the Hardy group wouldn't accept such risky collateral.
Open market access?
That didn't align with their sponsor, 'the Soviet Union.'
For a while, the leadership was at a loss.
People brainstormed.
"They wanted foreign bank deposits and bills of exchange, right? Keep
HSBC had the right to issue currency in Hong Kong, millions of depositors, and banking qualifications in several countries. These were all part of its assets.
The two sides engaged in a heated debate but reached no conclusion. They agreed to continue the talks the following day. However, the next morning's newspapers brought more bad news about HSBC—it had been vandalized the previous day.
Due to its refusal to honor the bills of exchange and savings certificates, a large crowd had gathered outside the headquarters. The Hong Kong police deployed a large force to maintain order, but they couldn't quell the increasingly agitated crowd. HSBC had been unable to operate for days.
And just yesterday...
The crowd had grown even more agitated, clashing with the police barricades. HSBC rushed to close its doors, but the crowd still managed to break in. In the ensuing chaos, clashes between the crowd and HSBC's security personnel led to looting.
Several security guards were injured.
Two male bank employees were dragged out by their hair.
A female bank employee was so terrified that she almost miscarried.
HSBC was forced to announce the suspension of its operations, stating it would reopen once a solution had been found.
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