Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 865 "863" Public Opinion War: Citizens' Reactions!
Ho Kwan-yan,
He graduated from the Faculty of Law at the University of Hong Kong Island and later became a practicing lawyer at the High Court of Hong Kong Island and an international notary public.

He entered politics in 1982, participated in student movements, and co-founded the Hong Kong Alliance (the predecessor of the Democratic Party) in 1990.

Because he was always active in those kinds of public events, he was favored by the other three.

Now that the other three are no longer capable, he has become the one who jumps the most enthusiastically.

Therefore, he became someone Rodney Jones tried to win over.

If it were someone else, they would probably assess the situation and realize that the Five Star Group is too powerful, and that they shouldn't confront it head-on.

but!

Albert Ho is no ordinary man; he is both stupid and wicked, firmly believing that foreign countries are better and that capitalism is superior enough. He demands absolute democracy.

Only in that kind of environment can he gain greater power.

After receiving the money from Rodney Jones, he began to take action.

Assemble the team and make plans.

Then they made phone calls to a group of ambitious young people who were frustrated with their careers or longed to go abroad, and organized them to take action.

……

7 month 19 day,
Central,

assembly!

As soon as the morning mist dissipated, the streets in front of the Stock Exchange came alive.

He Junren, dressed in a dark suit, stood at the front of the crowd.

Various shouts.

It immediately attracted the attention of many passersby.

These people were handing out printed promotional posters to passersby.

“Please take a look… Hong Kong’s economy is on the verge of collapse, and the Hong Kong dollar is about to become the same as the Thai baht, but the news is being suppressed and not reported, so that the public can’t see it.”

"This is a news blackout."

"The citizens' money is still money, but they just don't want the citizens to know, they don't want the citizens' hard-earned money to be withdrawn from the stock market..."

They didn't even spare the passersby.
The drivers and passengers stuck in traffic were not spared either.

The roads on Hong Kong Island are already narrow, and with this gathering of several hundred people, the large number of people caused traffic jams.

The driver kept honking the horn, his voice urgent and irritating.

A driver rolled down his window, leaned out, and yelled:
"This traffic jam so early in the morning is unbelievable!!"

"Diunaxing, don't block the way!"

Many citizens went to Ho Chun-yan to discuss moving the queue to the side so as not to affect normal office work and passage, but Ho Chun-yan refused.

Dressed in a sash and exuding righteousness, Ho Chun-yan held a megaphone and repeatedly called for 'freedom of the press,' while the crowd behind him chanted slogans with undiminished enthusiasm.

quickly,

Media reporters rushed over with their cameras.

Ho Kwan-yan immediately stepped forward and said quickly, "We just hope that the media can report on the market situation more comprehensively so that the public can know the real economic environment. The Hong Kong Island economy is about to collapse, so why is there no report on it at all?"

"Citizens need clearer information feedback to prevent their hard-earned money from being devalued."

As he spoke, he pointed to the slogans behind him, repeatedly emphasizing "information disclosure" and "public awareness."

"It's all because of the Five Star Group, which, relying on its power, does whatever it wants, forcing the Hong Kong media to disregard press freedom..."

"I heard that if any media outlet reports news that is unfavorable to the Five Star Group, they will be retaliated against by that Guan Zu..."

Many media reporters nodded in agreement.

Yes, that's really true.

You really will get beaten up.

So abominable.

But... let us report on it for you, or else...

Amidst all the commotion,
9 points,
The Hong Kong Stock Exchange is open.

A large number of retail investors arrived at the Hong Kong Stock Exchange.

A group of young people were holding stacks of flyers and handing them out to each of them.

He Junren cleared his throat, holding a megaphone: "Look everyone! The foreign exchange market is so volatile right now. There's foreign capital influencing exchange rates and the stock market. Be careful with the stock market, don't lose a fortune, run away now..."

People nearby immediately chimed in, chanting slogans like "Pay attention to market risks" and "Call for comprehensive reporting on economic developments," their voices rising and falling.

As the sun rose higher, a sense of anxiety gradually filled the air outside the Hong Kong Stock Exchange.

……

Central Plaza.

Top floor, Guan Zu's office.

Zhang Guobiao was reporting this matter to Guan Zu.
“These people are taking advantage of the fact that there are no laws to punish them, so they can hold gatherings with impunity.”

"Brother Zu, what should we do?"

Zhang Guobiao's position is President of Five Star Media, responsible for TVB, Five Star Daily, and film and television.

So far, he's doing a good job.

Guan Zu stood in front of the floor-to-ceiling window, looking at the towering buildings of Hong Kong Island and the bustling prosperity of Kowloon.

"Release the blockade."

Zhang Guobiao seemed to be deep in thought.

Big Head next to him: "Huh? Wouldn't that cause panic among the citizens? The stock market might then..."

Guan Zu shook his head: "The matter can't be hidden. It's better to guide than to suppress. If we keep suppressing, it will only make the citizens resentful..."

"Moreover, the initiative is now in the hands of Hong Kong Island."

After thinking about it carefully, Zhang Guobiao realized that it made sense.

The initiative is already in Hong Kong Island's hands; there's no need to be afraid.

Zhang Guobiao: "So, at noon today, I will respond on behalf of the Five Star Group?"

Guan Zu nodded: "Yes, you should respond."

As for Guan Zu, he can be considered a trump card.

There's still a long time until August, and revealing all their cards could be detrimental to Hong Kong Island.

Big Head: "Then what should we do with He Junren?"

Guan Zu: "What do you mean, how should it be handled? We are a legitimate company, we don't engage in any fighting or killing."

His upright character shines brightly!
Big Head nodded: "Understood!"

Don't take any action now, since it's a legitimate company.

After this is all over, turn him into a gangster and throw him into the sea to contribute to the land reclamation project!
……

……

noon,

At 12 o'clock, ATV and TVB's midday news started on time. Wen Huixin sat in front of the camera, speaking calmly: "This morning, a rally took place outside the Hong Kong Stock Exchange in Central, with hundreds of people participating. There were signs and slogans, which caused some impact on the surrounding traffic."

The camera switches to a live feed.

The footage shows a crowd holding signs and banners that read "Transparent Reporting" and "Right to Know," while Junius Ho wears a "Freedom of the Press" shirt and chants slogans such as "Protest against the News Blockade."

Wen Huixin: "The rally lasted from early morning until noon. The streets in front of the Stock Exchange were congested due to the crowd, and the waiting time for passing vehicles was long, which some drivers expressed their dissatisfaction with."

"As for the reason for the gathering, it is..."

The news report openly displayed Ho Kwan-yan's responses to reporters' questions.

"We just hope the media can provide more comprehensive coverage of the market situation..."

"Citizens have the right to know, and we must protect their hard-earned money..."

"The Five Star Group, relying on its power, is coercing the Hong Kong media."

The scene then cuts back to Wen Huixin's shot.

In response to the rally’s demand that “the media has not fully reported on the market situation,” Mr. Zhang Guobiao, president of Five Star Media, a subsidiary of Five Star Group, gave an interview to address the relevant questions.

quickly,

Zhang Guobiao's camera appeared in front of the lens.

Wearing a dark suit, with a composed expression:
"Good afternoon, fellow citizens of Hong Kong Island..."

"First of all, I would like to thank all sectors of society for their attention to the media coverage of Hong Kong Island, and I would also like to thank Mr. Ho, the organizer of the rally, for his suggestions on the dissemination of market information."

"We hereby respond as follows: Five Star Media and its subsidiary ATV have always regarded 'objective, comprehensive and timely information delivery' as their core principle, and this will never change due to any external factors."

Regarding the claim that "the media has not fully reported on the market situation," I can make three clear points:

"First, recently, ATV's midday news, evening news, and financial columns have consistently reported on the dynamics of the Hong Kong dollar exchange rate and the fluctuations of the Hang Seng Index, with at least 3-4 segments per day covering related content..."

"Secondly, the claim that 'Five Star Group coerced the media' is completely untrue. Mr. He's words are pure slander. In support of the 'Strengthening the Punishment of False Accusations, Defamation and Extortion Act,' Five Star Group will formally file a lawsuit against Mr. He on this basis..."

"Third: Regarding the 'right to know,' its core is 'obtaining true and useful information,' not 'obtaining all unverified information'..."

"Five Star Group has always had the corporate vision of working together with the people of Hong Kong Island to make Hong Kong Island a better place, and will never take any actions that would harm the people of Hong Kong Island."

"Going forward, we will increase our financial reporting efforts. At the same time, we urge all citizens who are concerned about the market to obtain information through official media and legitimate financial platforms; this is how every citizen protects their own interests..."

A logically sound rebuttal reached the ears of news viewers throughout Hong Kong.

At last,
Zhang Guobiao then shifted the topic to the current financial crisis.

"Furthermore, regarding the financial crisis in Hong Kong raised by Mr. Ho Junren at the rally..."

"Currently, international financial speculators are continuously selling Hong Kong dollars in the foreign exchange market, attempting to suppress the exchange rate of Hong Kong Island... However, the Hong Kong Monetary Authority has responded effectively, and the exchange rate remains stable..."

"Their actions are exactly the same as those used by international speculators when they attacked countries like Thailand and the Philippines, and the Hong Kong financial market a year ago..."

"here!"

Zhang Guobiao looked serious and solemn.
"In my capacity as President of Five Star Media Group, on behalf of the Five Star Group, I would like to make the following statement to all the citizens of Hong Kong:"

"First, Five Star Group has full confidence in the economy of Hong Kong Island."

"Secondly, Five Star Group pledges that it will always stand with all Hong Kong citizens to fight against international speculators and protect our home on Hong Kong Island!"

"We urge the public to have confidence in Hong Kong Island's economy!"

……

……

Wan Chai

At that moment, Huang Guantao's family was having dinner while watching TV.

(Image: Killing My Brother on Behalf of Heaven)
Since sending her brother Huang Guanhua to prison, the family has finally been able to live a peaceful and happy life.

"Son, did you invest more than 6 yuan in stocks?" Uncle Huang asked.

"Yes." Huang Guantao picked up a piece of food and put it in his mouth.

"How's it going now? Did you make a profit or a loss?"

"We're still losing money, it's all Soros's fault. He keeps attacking the stock market, causing it to keep falling..." Huang Guantao cursed.

Uncle Huang looked worried: "Won't we continue to lose money? If we do, we'll have to get it out quickly, or we'll lose even more."

Huang Guantao shook his head: "Withdrawing now would mean cutting losses and leaving the market. Besides, look at this news. Mr. Zhang of the Five Star Group said he has confidence in the stock market and that the Five Star Group will work with Hong Kong Island... In that case, what am I afraid of?"

"Not only will I not withdraw, but I will also enter the market now to increase my position, lower my cost basis, and then I can earn more when the stock price rises later..."

"Besides, all the money in our stock market comes from dividends from the Five Star Group... We have no reason not to support the Five Star Group!"

Uncle Huang is a veteran stock investor, and after thinking about it, he realized he was right.

They have confidence in Hong Kong's economy, so the stock market is naturally fine. In that case, what's there to be afraid of?

"I'm adding to my position too!"

"Oh? Dad, you bought stocks too?"

"Nonsense, I started investing in stocks in the 60s, although I lost a lot of money."

The family was talking about stocks, and as for Ho Chun-yan's so-called freedom of the press, ordinary people like them didn't really feel it deeply.

The same scene unfolded in the homes of ordinary citizens.

A small number of people reduced their holdings and left the market.

Most people are taking a wait-and-see approach.

Some people saw this as a buying opportunity and instead increased their holdings.

And what about the elite class?

They know a lot; all sorts of information come from various channels that international speculative capital has poured hundreds of billions into Hong Kong Island, intending to crash the market.

So they're the kind of people who run away.

The lives of stock market investors.

……

In the next few days,

Hong Kong news coverage has indeed loosened somewhat.

First, the South China Daily reported on the Wall Street Journal's article "Hong Kong Dollar - The Next Thai Baht," translating all of its contents.

From the skepticism of institutions like Soros regarding the Hong Kong dollar's linked exchange rate system, to the inferences about "hidden dangers in Hong Kong's economic structure," and the comparison of the Hong Kong dollar with the previously collapsed Thai baht...

In addition, other newspapers reported on the foreign exchange and stock markets, as well as analyses from financial experts.

For example, the Sing Tao Daily launched a "Financial Q&A" column, which collected the three most frequently asked questions from the public: "Will the Hong Kong dollar depreciate?" "Should I withdraw my funds from the stock market now?" "How much influence do international speculators have on the Hong Kong market?", and invited experts to answer and analyze each question...

Many newspapers and experts, having received money from the Soros Fund, have been pessimistic about Hong Kong's economy.

vigorous.

Of course, there were also numerous newspaper reports that Hong Kong Island's economy was fine.

The two sides engaged in a heated verbal battle.

……

(End of this chapter)