"Bao Sheng, our company still has $5.18 billion in its account. Due to the increase in experimental funding for the Miracle R&D Center, another $500 million has been allocated. The current balance in our company account is $4.68 billion."

"This funding does not include the funding from the Fat Tiger Fund, it is simply the funding from the Hong Kong headquarters."

Bao Junyi pondered for a moment before saying, "Besides the outstanding loans from Morgan, Standard Chartered, and HSBC, are there any other project payments that need to be settled in the near future?"

"Guaranteed birth, no more at the moment."

"If we repay the three banks' loans totaling $1.15 billion, the company's account will only have $3.53 billion left."

"The rest is just waiting for the large steel plant in Pengcheng to be completed and inspected, and then paying the US$2.8 billion to the American Steel Company."

"Okay, I roughly understand."

"You arrange the finances and repay the loans from the three banks. Since they defaulted on the loan, we won't pay a penny of interest. If they want to, we'll take legal action. We won't tolerate them."

"At the same time, Miracle Group announced that it would terminate its cooperation with three banks. As for the reason, they claimed that they withdrew their loans for no apparent reason."

Bao Junyi continued with a sneer, "Issue a group announcement: All settlements for company employees, management, and partners will no longer be made through three banks."

"In addition, the company's employee salary cards have been replaced with Bank of East Asia and Hang Seng Bank cards. Anyone who disobeys will be fired directly."

Since you three banks are using such despicable tactics, I have no choice but to cut off your roots in Hong Kong and dig up your graves.

Qiu Shuzhen was surprised and said: "Bao Sheng, this is not good, isn't it too..."

"Humph, since we're destined not to be friends, then it doesn't matter if we offend each other more severely. After all, we've become enemies, right?"

"But, that..."

"Okay, don't worry about this. Now arrange for someone to go."

Bao Junyi looked at Victoria Harbour outside the window, wondering where else he could get the money. Now that the group had paid the final payment of US$2.8 billion for the steel plant, there would only be US$730 million left in the company's account.

The total investment in Pengcheng Iron and Steel Plant is 5 billion US dollars. Now the mainland construction team is working in three shifts. Most of the work has been completed, and the equipment purchased from the US steel company has also been installed one after another. Some of it has begun test operation.

It is expected that the Pengcheng large steel plant will be completed and put into production by the end of 1976.

Now, in addition to the billions of dollars in profits from the Fat Tiger Fund, the group also has $800 million invested in spot gold with a tenfold leverage. It entered the market at more than $130 per ounce and has now doubled. This investment will not be sold unless it is absolutely necessary.

This round of gold spot prices continued to rise significantly, reaching a short-term historical high of $850 per ounce in 1980. This high level would not be broken again for more than ten years.

Bao Junyi stood there blankly, looking out the window, sorting out his thoughts.

However, he did not know that the Miracle Group’s release of a group news announcement in the afternoon was a major earthquake for the entire Hong Kong.

First of all, the reaction was to the share price of HSBC, which plunged 12% and continued to fall, which also led to a decline in the Hang Seng Index. After all, HSBC is the blue chip of the Hang Seng Index, leading other small and medium-sized banks to plunge, causing Hong Kong stocks to follow suit.

Hong Kong stock investors were all stunned. The Hong Kong stock market opened sharply higher in the morning, with a gratifying rise. Unexpectedly, it plummeted in the afternoon.

In the Hong Kong Stock Exchange hall, a middle-aged man cursed: "I'm going to swear at you! I just bought in this morning, and the price plummeted in the afternoon. I had to eat a bowl of noodles."

"Fuck! What's this? I bought HSBC this morning, and now it has dropped by 12%. I am the one who is being wronged." said a yellow-haired guy next to him.

"Whoever caused this, I have to go up and chop him twice when I meet him."

"Yeah, what's going on? Why did it suddenly drop? Is it HSBC and small and medium-sized banks that are driving this?"

At this time, a stock trader stepped forward and said, "Breaking news! All employees of Miracle Group will no longer use HSBC, Standard Chartered, and JPMorgan bank cards as salary cards. Furthermore, partner transactions will no longer use these three banks for transfers and transactions."

"What the hell! What the hell! Shit!"

"Did Miracle Group break off relations with HSBC, Morgan, and Standard Chartered? Why would they be so ruthless?"

"Haven't you heard?"

The old lady asked curiously, "What did you hear? Is there any inside story?"

The white-haired old man said, "I also heard it from my daughter. He works in management at Miracle Group, and he was the one who told me to sell my shares right away."

"My daughter told me that it was HSBC, Standard Chartered, and Morgan that prematurely cut off the Miracle Group's loan and demanded early repayment, which led to Mr. Xiao Bao's retaliation."

"Fuck! Is it so shameless?" a middle-aged man said angrily.

"Yes, so Xiao Baosheng was decisive enough to cut off all transactions with the three banks and even cancelled the salary cards of other banks."

A few people were chatting here, and the people next to them became restless.

In the Hong Kong Stock Exchange, shareholders began to discuss the matter, and those who held bank stocks began to sell their stocks.

After all, Xiangjiang Miracle Group now has more than 10,000 employees, and most of them are white-collar workers. The annual salary flow exceeds 300 million US dollars, not including the current flow.

However, it is located in a large conference room on the top floor of the HSBC Building.

Chen Bi sat in the first seat, and the other shareholders sat on both sides. No one dared to say a word, and you could hear a pin drop in the entire conference room.

Chen Bi said to his secretary with a gloomy face, "How is our HSBC stock price now?"

"Boss, ever since Miracle Group released its corporate news announcement, HSBC's share price plummeted 12% this afternoon and is still falling, dragging down other small and medium-sized banks as well. Should we enter the market to stabilize the share price?"

"No, if we step in to provide a guarantee now, will we have to use the group's funds if similar situations occur in the future?" the Finance Department refused.

"This turmoil has a huge impact on us in Hong Kong. If we don't step in to stabilize the stock price and issue a statement to remedy the situation, HSBC will lose all its credibility in Hong Kong. Why are you still considering the future?" A shareholder nearby interrupted.

"If we use the group's funds to stabilize the stock price, then the performance targets of the Eagle Country headquarters this year will not be met, which will affect our year-end bonuses and dividends," said a HSBC executive.

"We didn't agree to join Morgan in targeting Miracle Group in the first place. Now, they've hit us hard," said one HSBC shareholder.

A senior executive from HSBC's marketing department said, "Well, if we have the support of Morgan Stanley, we can successfully establish ourselves in the United States, expand beyond Hong Kong, step onto a larger stage, and achieve international globalization."

Suddenly, the entire conference room began to quarrel. Shareholders and executives refused to give in to each other, and no one wanted to invest money to protect the market.