Chapter 451 Media Attack, Squeeze Emerges

In the evening of the same day, the evening media reported that Lin Cheng had misappropriated bank depositors' funds to speculate on foreign exchange and suffered a huge loss of HK$5 billion, and in addition, the old news that the Lin Shipping Group's mainland investment terminal had borrowed HK$3 billion from HSBC was also exposed. X

However, the outside world did not believe it very much, after all, most of the evening newspapers in Xiangjiang were gossip tabloids, and their credibility was very questionable. Moreover, the performance of Lin's Holding Group has always been explosive, with revenue of more than 7 billion Hong Kong dollars in the first quarter, and there is really no need to embezzle depositors' funds to speculate on foreign exchange with such a high revenue.

However, early the next morning, the citizens of Xiangjiang found that the newspapers that saw the newspaper and the morning news of TVB were all trying to report the scandal of Lin Cheng's misappropriation of depositors' funds to speculate in foreign exchange.

Lin Cheng's old rival "Apple Daily" even used two full pages to analyze Lin Cheng's huge crisis, intending to prove that Lin Cheng himself did not have much capital at all, and all the investments and acquisitions he made used the money of Lin's bank depositors, and the success or failure of Lin Cheng's investment would be paid by the depositors of Lin's bank.

The front page first reported that Lin Cheng had embezzled five billion Hong Kong dollars from bank depositors and lost all his money, and there was also a trader who participated in foreign exchange speculation in Malaysia on March 20, which proved that Lin Cheng's huge loss of five billion Hong Kong dollars that day was a real hammer.

The high trader said conclusively: "On the evening of March 19, Liang Botao, the number one general under Lin Cheng, found the leaders of several of our trading teams to study the specific plan of shorting the Malaysian foreign exchange market the next day.

At nine o'clock on March 20, when the Malaysian foreign exchange market opened, we smashed a short order of 2 billion Hong Kong dollars, but the strange thing is that the exchange rate of Malaysia against the US dollar did not fall, but stood firmly on the line of 6.35 to 1.

At twelve o'clock at noon, Liang Botao realized that he had fallen for Soros, and the rumors that Quantum Fund was shorting the Malaysian foreign exchange market were probably a conspiracy against him, so he immediately ordered to close the position and delist, but it was too late, our funds had been locked up and could not be delisted, and finally with the appreciation of the Malaysian peso, all the five billion Hong Kong dollars were lost, and not a penny was withdrawn......"

Then, Lai Zhiying, chairman of Apple Daily, personally went into battle and listed a number of huge investments made by Lin Cheng in the mainland and Xiangjiang in the name of the editor-in-chief.

Among them, the 100 billion yuan project of Huacheng Binhe New Town, Lin Group invested 50 billion yuan, the government invested 50 billion yuan, and Lin Group has paid 6 billion yuan of start-up capital, and the source of funds is unknown.

Qingdao Dongjiakou Port 100 billion project, Lin's shipping company invested 50 billion, the government invested 50 billion, Lin's shipping company has paid 3 billion start-up capital, the funds come from HSBC loans, this loan business has been confirmed by HSBC insiders.

Lin Group plans to build a number of Dafu Plaza and Lewanjia supermarkets in large and medium-sized cities in the mainland, with an investment amount of nearly 50 billion yuan, and the source of funds is unknown.

Lin's Group has successively built two large-scale industrial parks in Pengcheng and Zhengzhou that can accommodate 300,000 employees to live and work, with an investment of 2 billion.

In addition, the mainland's Lin Group, Xiangjiang Lin Holdings two large enterprises themselves expansion speed is fast and wide, last year just for its products to do advertising business has exceeded one billion, so many investment projects combined, Lin Cheng's total investment is expected to exceed 200 billion.

Finally, Li Zhiying concluded: It is true that we can see that such as the 100 billion yuan project of Huacheng Binhe New Town and the 100 billion terminal project of Qingdao Dongjiakou Port are investment projects that last for nearly ten or twenty years.

But everything is afraid of accidents, but if Lin's Group and Lin's Holding Group fail to develop according to the plan of the founder Lin Cheng, these two 100 billion projects are likely to usher in the tragedy of being stranded.

In just one year, the total amount of projects invested by Lin Cheng is nearly 200 billion, so we have to ask, where does Lin Cheng's funds come from?

Why did Lin Cheng rush to acquire Heung Kong City Bank as soon as he returned to Hong Kong?

The answer is self-evident, all because Lin Cheng needs to embezzle the bank's depositor funds to pay for his personal investment!

That is to say, Lin Cheng's business empire is not the result of his personal hard work, but built with the hard-earned money of our Xiangjiang people, and Lin Cheng is the business thief who stole the hard-earned money of our Xiangjiang people.

Wonder Boy, Financial Blocker, Modern God of Wealth, All these unworthy titles, can be put to rest!

"Apple Daily" sounded the clarion call to attack Lin Cheng, and then TVB, "Ming Pao", "Oriental Daily", "Sing Tao Daily", "Xiangjiang Radio", Commercial Radio, and Xincheng Radio all reported the news of Lin Cheng's huge loss of 5 billion Hong Kong dollars in a large number of pages.

TVB is even more because of Lin Cheng's wanton poaching to launch Chiguoguo's revenge, in which Lin Cheng's face suddenly changed drastically when he heard the reporter's question about the huge loss of foreign exchange, and the expression was repeatedly broadcast in the news, and the evening financial program invited micro-expression experts to interpret Lin Cheng's real reaction after being caught off guard after being suddenly attacked.

The backs of his categorical announcement of the end of the press conference and his departure from the venue were interpreted by experts as a sign of annoyance, anger and anger.

At this time, Lin Cheng has been labeled as "eating jujube pills" in the media in Xiangjiang, and since the afternoon, there have been signs of queuing up to withdraw money at the 35 business outlets of Lin's Bank, which further shows that Lin Cheng's imminent end is inevitable.

So what is Lin Cheng doing at this time? Is he panicking all day long in order to raise funds, as predicted by the media?

"Uh-huh......"

"Oooh oh ......"

"Harder! harder!"

"Cool!"

"Ah......h

With Chen Huiyi's heart-wrenching high-pitched scream, the primitive battle between Lin Cheng and Chen Huiyi, a man and woman, finally came to an end.

"It's almost chaos outside into the Seven Kingdoms, and you're still in the mood to do this kind of thing with me at this time, you're really out of tune!" Chen Huiyi complained with a satisfied expression.

"Smack!"

Lin Cheng playfully patted Chen Huiyi's August 15, and laughed: "Hey, who told me to push harder just now, you don't recognize people when you put on your skirt?!"