The Great Sage Returns from Ten Years of Imprisonment
Chapter 430 Driven by a Desire for Revenge
9:30 a.m., Central.
A convoy of luxury cars drove along the street and went straight into the underground parking garage of the China Central Television (CCTV) headquarters in Hong Kong.
Just two or three minutes after the convoy entered the garage, a sign was hung at the garage entrance, which read:
Parking is full.
Upon seeing this sign, the numerous vehicles that had been arriving had no choice but to turn around and leave, searching for parking spaces in other nearby garages.
Even the vehicles of senior executives of the ZhongX Group are temporarily not allowed to enter the garage.
Several senior executives were quite indignant and called the property manager to find out what was going on.
The property manager then told them over the phone that the order to temporarily close the garage came from the general manager's office, and that they could call the general manager's office if they had any questions.
Upon hearing this answer, the executives immediately deflated and could only obediently drive away to find a parking space in other nearby garages.
The general manager of the Hong Kong branch of the ZhongX Group, who issued the order to close the garage, is currently having a meeting with Ling Yun and the others in a medium-sized conference room upstairs.
Those attending the meeting, besides Ling Yun, included a deputy director of the General Office of the State Council, Chairman Wang and Chairman Rong, the head of the State-owned Assets Supervision and Administration Commission's investigation team, and several senior executives from the headquarters of China X Group and China X Taifu Group.
The meeting had been going on for a while, and the atmosphere was somewhat tense.
At this moment, Ling Yun was quickly browsing through a document, and everyone else in the room was focused on him, their eyes filled with either anticipation or worry.
The next moment, Ling Yun put down the documents in his hand and looked up at Chairman Rong sitting opposite him.
He tapped the documents on the table twice with his finger, paused for a moment, and said with a serious expression:
"Chairman Rong, once the special committee is established, I suggest that Ms. Rong resign voluntarily and clearly define the responsibilities she should bear."
"Not only that, after Ms. Rong resigned, she cannot leave Hong Kong Island for the time being, and her cooperation with the special committee will be needed in the future."
Upon hearing this, the senior executives of ZhongX Taifu across from him were startled. Their eyes widened as they stared at Ling Yun in disbelief.
He started by attacking Miss Rong; this young man is really daring!
Who is Miss Rong? She is Chairman Rong's own niece, and her grandfather's status is even more outrageous!
Before ZhongX Taifu encountered this crisis, Miss Rong was a powerful and domineering figure within the company!
Now this young master is demanding that I resign and take responsibility. If she finds out, she'll be furious!
Fortunately, Miss Rong did not attend this meeting, otherwise she would have already thrown a cup of hot tea or coffee at her!
Unlike the other company executives, Chairman Rong paused for a moment, then a wry smile appeared on his face.
Clearly, he was not at all surprised by Ling Yun's suggestion.
However, he also wanted to try to help his niece.
"Is it a bit too much to let Fangfang resign voluntarily? I think it would be more appropriate to transfer her out of the finance department and demote her with a pay cut."
"As for cooperating with the special committee's investigation and work, that's naturally no problem. Wouldn't it be more convenient for her to stay at the company and work?"
"Fangfang does bear some responsibility for this crisis, but isn't it a bit premature to ask her to resign before the investigation has even begun?"
Ling Yun looked directly into Rong Dong's eyes and gently shook his head.
"For Ms. Rong and ZhongX Taifu, her voluntary resignation is actually a good thing, as it allows them to maintain some control."
"As the finance director, Ms. Rong bears a certain responsibility for this crisis, there is no doubt about that, and I believe everyone is well aware of this."
"China Pacific Group is a Hong Kong-listed company, which means that, due to this crisis, it will become a key target of the Hong Kong Securities and Futures Commission's investigation."
"Not only Ms. Rong, but also Chairman Rong should be prepared for this. The Hong Kong Securities and Futures Commission will definitely launch an investigation, and you will certainly be among the targets."
"Due to the previous lack of timely and transparent information disclosure, it cannot be ruled out that the Hong Kong Island Securities and Futures Commission may sue you and Ms. Rong, as well as other directors, or even launch a joint claim..."
"what!"
With a gasp of surprise, everyone present was stunned.
Chairman Rong suddenly pushed back his chair and stood up abruptly.
"What? You're saying the Hong Kong Securities and Futures Commission will sue me, Fangfang, and the other directors of the company?"
Ling Yun smiled at him and nodded without hesitation.
"Based on relevant Hong Kong laws and securities trading rules, the probability of this happening is extremely high, and the likelihood of initiating a class-action claim should exceed 80%."
"That's why I said Ms. Rong would have better resign voluntarily and actively cooperate with the special committee and the China Securities Regulatory Commission's investigation, turning a passive situation into an active one..."
Upon hearing this answer, Chairman Rong's expression immediately turned even more unpleasant!
He had no doubt about Ling Yun's judgment!
Through their previous interactions, he knew that Ling Yun's judgments on financial market trends and his understanding of the financial policies of various countries and regions were incredibly accurate!
Since Lingyun said these things would happen, then he must be right!
Thinking of this, Chairman Rong nodded helplessly.
"Okay, I'll talk to Fangfang about resigning voluntarily later. I'm sure she'll accept it!"
"Let's continue and discuss the handling of other relevant personnel, as well as other matters!"
"No problem, Chairman Rong, you understand perfectly."
Ling Yun nodded with a smile.
Then, he changed the subject and talked about the plan to clean up the finance department of China Pacific Group.
For him, as long as he could win over Miss Rong, a member of the royal family, what problem would the rest of the small fry be?
The meeting lasted until 12:30 before it finally ended.
Through this meeting, Lingyun helped ZhongX Taifu define the scope of responsibility for some individuals and also helped ZhongX Taifu build a firewall.
This firewall will not only help China Pacific Group quickly reduce its losses, but will also allow it to be more composed when dealing with investigations by the Hong Kong Securities and Futures Commission in the future!
After the meeting ended, everyone got up and left the meeting room to go upstairs to the restaurant for lunch.
At this moment, the way everyone looked at Ling Yun was quite different from before the meeting began.
No one looked down on him anymore because he was too young and came from the mainland financial sector. Everyone was full of admiration and even more curious!
As they were talking, most people had already left the conference room, leaving only Ling Yun and Chairman Wang.
Just then, Chairman Rong leaned closer and whispered:
"From yesterday morning until now, the trend of the international financial market has been basically as you said, with stock markets and crude oil futures markets in various countries plummeting."
"Your insight into the trends of the international financial markets is truly astounding; it's almost like turning lead into gold!"
"Now I have even more confidence in your plan to organize a team to secretly target those 13 international investment banks and undermine the Australian dollar!"
"They're even impatient, hoping this operation will begin soon so they can get revenge. I just wonder when you plan to make your move?"
"Haha, you're just eager for revenge, I can understand!"
Ling Yun said in a low voice, jokingly.
He then lowered his voice and leaned closer to give his answer.
"Don't worry, in just the next two or three days, I'll lead my investment team to take on those 13 international investment banks!"
"After lunch, I plan to meet with the newly formed investment team, get to know everyone, and settle all the team members in."
"Tomorrow morning, I'm prepared to take over the newly acquired financial investment company and prepare for the next steps..."
As he introduced the situation, Chairman Rong's eyes lit up immediately.
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