We are all reborn, who wants to be the richest man?
Chapter 458 Global 3 Brothers Crisis
"Far East Chip's Indian employees are disloyal, while Nanyang Fund makes a fortune from Hong Kong stocks"
"Forty-three million Hong Kong dollars in two years, Nanyang Fund sucks blood from Hong Kong citizens"
The Far East chip alarm sounded and CCD was dispatched immediately.
As the company with the highest market value in Hong Kong Island and the world's second largest company with a market value of US$713 billion, second only to IBM's US$890 billion, Far East Chip can be said to be under the attention of media around the world at all times.
Not to mention the Hong Kong media, media all over the world were reporting this news, and Far East Chip's stock market value evaporated by more than 10 billion Hong Kong dollars that day.
In addition to criticizing Far East Chip's poor supervision, these reports also condemned the professional ethics of its Indian employees.
Just like a fuse, not only Far East Chip, not only Hong Kong Island, but even a large number of companies in Western countries have started screening their Indian employees.
You won’t know until you do it. Wall Street fell on the first day of the screening. Many Indian traders and hedge funds founded by Indians were affected and problems were discovered.
After all, investors who are satisfied with their earnings are a minority. Will those who lose money or who feel that their earnings are not enough and think they can earn more just sit there and do nothing?
This is the United States, a country that boasts of freedom and justice, but a large number of lawsuits have been filed with the supervisory department like snowflakes.
Regardless of whether they are victims or not, the American people like to take the first step to get what they want.
"Three days? Three days is simply impossible. Can you give me some time?"
"Not at all. This is no longer a matter of Far East Chips, but a matter of the image of Hong Kong Island.
The incident started in Hong Kong Island and must be resolved in Hong Kong Island.
I will give you three days. If there is no progress tomorrow, I will have to go to your place to work."
"I'm not the boss. It's useless to force me. If we want to catch Rajarat, we have to catch him red-handed. We..."
There is no more for us. Brother Li Yi hung up the phone without giving him a chance to explain.
Hearing the busy tone in the receiver, Chen Guohao was angry but had no choice but to go out and call everyone to a meeting to discuss a direction for the investigation first.
Here, Chen Guohao is still worrying about the three days, he doesn't know that greater pressure is yet to come.
That same evening, several factories in Hong Kong were found to be illegally employing workers, all of whom were of Asian descent.
Since the Hong Kong government enacted the labor law, migrant workers in Hong Kong Island must register with the relevant departments and obtain a certificate before they can be employed, otherwise the employer will face a fine.
Even if the decree is issued, this kind of thing cannot be stopped.
Some restaurants, supermarkets and other places that are exposed to the public will not do this, but some factories in remote areas will still recruit a large number of illegal workers.
The reason? It must be to save costs.
These factories employ a relatively large number of workers and are located in remote areas. It is not certain that these illegal workers will be discovered if they are restrained, so the factory owners are taking chances.
Hiring illegal workers? If anything goes wrong, it should be the factory owners who should be punished. However, this time the factory owners won sympathy, while those illegal Indians became the objects of scorn.
Because these Indians united, they not only instigated other illegal workers in Southeast Asia to protest against wage increases with them, but also put forward various demands at work.
Don't agree? Then we will report you to the government. According to the principle of five times the fine, the wages of these people will be multiplied by five. It will be strange if you don't go bankrupt.
At the beginning, the media in Hong Kong were relatively rational and reported on how Nanyang Fund made a huge fortune in the stock market based on the inside information of Far East Chip.
But after this incident, the wind direction changed, and a large number of illegal workers, led by Indians, became the new targets of accusations.
Especially the lower class people, they found that the treatment these illegal workers got through threats was actually better than the treatment of local workers in Hong Kong Island, which they could not tolerate.
"You are not targeting Asians specifically, but all illegal workers in Hong Kong."
Luo Nianzhong did not deny Welch's statement. He just wanted to use this incident to crack down on and eliminate illegal workers.
The registered permanent population of Hong Kong Island last year was 583 million, of which 177 million were non-Chinese and migrant workers.
However, according to various reports and analyses within the Far East Bank, the permanent population in Hong Kong is definitely much larger than this, at least 200,000 more.
The massive influx of these illegal workers will lead to increased employment pressure, and it will be more difficult for the lower-class people in Hong Kong Island to increase their wages.
Under the guidance of Luo Nianzhong, Hong Kong Island's light industrial industry has been reduced by almost half compared with the same period in history, and the remaining factories are moving out of Hong Kong Island at an accelerated pace.
Without a large number of these unskilled jobs, unskilled personnel will have to move to industries such as the service industry and construction industry.
But there are only so many jobs. When supply is less than demand, it is impossible to cause wage increases. People will only lower their wage standards to survive.
The increase in costs will definitely correspond to an increase in the prices of goods, but the bulk of the costs come from rent, and the impact of the increase in labor costs is acceptable to Luo Nianzhong.
"You want to force the Hong Kong government to increase inspections on illegal workers, but why not take this opportunity to crack down on the Indians..."
“Laojia Daoli called me yesterday, and I still have to give him face.
I am a little crazy. Some of Sammo Hung's ideas are beyond the comprehension of ordinary people, but not absolutely. Many people have contributed to the construction of Hong Kong Island."
There are quite a few Asians in Hong Kong Island, but many of them are already residents of Hong Kong Island. They followed their ancestors to settle in Hong Kong Island hundreds of years ago and are native Hong Kongers.
Welch immediately had the answer in his mind: "The Harilela family, they see things clearly."
The only family that could get Laojia Daoli to call Luo Nianzhong was the wealthy Asian-American Xialilai family. The two families had a very good relationship, which had been established since Laojia Daoli's father's generation.
Like the Kadoorie family, the Harilela family also came to Hong Kong Island and took root more than a hundred years ago. Their most famous industry is the Holiday Inn.
"But given the current situation, is the Hong Kong government really willing to crack down on illegal workers? Don't forget that the factories that have been exposed are just a few exceptions, and the Hong Kong government has to take care of the interests of those small factories."
"Really? What if public resentment boils over?" Luo Nianzhong smiled disapprovingly.
"I see. It seems you have been prepared for this."
It seems that everything now is a chess game played by Luo Nianzhong, including the factories that were exposed.
Welch was not surprised. Hong Kong Island is now run by the Luo family like an iron wall. There is nothing that the Luo family cannot accomplish.
"It's all because these illegal workers are too greedy."
As if to verify the content of the conversation between the two, in a dilapidated wooden house in the northern part of Sha Tin District, a group of people who were obviously South Asians were raising their glasses to celebrate.
On the broken table, besides the food and wine, there was also a huge handbag filled with large sums of Hong Kong dollars, estimated to be over one million.
"Harald, your information is very accurate. With this money we can go back to living the life of rich people."
"Amir, what about the 10% we promised to give to the informant?"
"Let him dream. We are leaving soon. Can he still go to Ah San to find us on the boat tonight?"
Seeing that no one spoke, it was considered as tacit agreement. Harald also stopped talking after a moment of greed. They didn't know that all their actions were under each other's surveillance.
"Boss, those guys succeeded, it was very smooth."
"How could it not go smoothly? The information we provided showed that the robbed company was our factory, and the personnel were asked to evacuate. I think it would be OK to find a dog.
These country bumpkins are really idiots. Which factory would have millions of Hong Kong dollars? Several employees on duty drink heavily every day."
Maybe he was really shocked by how stupid these people were, so the man didn't even bother to scold them.
"Keep a close eye on him, and call the police immediately. It would be best if you get the media involved as well. This is big news, and I want to be on camera."
"Don't worry, boss. When you show your powerful body on TV, I don't know how many girls will be charmed by you."
You'll Also Like
-
Pokémon: Master System.
Chapter 451 2 hours ago -
I, the leader of the esoteric sect, am doing great things in the infinite world!
Chapter 318 2 hours ago -
One Piece: Establishing a Pirate Family
Chapter 322 2 hours ago -
Three Kingdoms Kill: My general collection is filled with eerie winds!
Chapter 730 2 hours ago -
Douluo Continent: The Martial Soul Ah Yin exposes Tang San's true colors.
Chapter 155 2 hours ago -
Battle Through the Heavens: Starting with a conquest of Medusa, Xiao Yan is stunned.
Chapter 722 2 hours ago -
I transformed into a cute girl and lived a carefree life in the apocalypse.
Chapter 918 2 hours ago -
Online game: The strongest archer of all elements!
Chapter 441 2 hours ago -
Don't shoot, I'm just a Honkai Impact 3rd content creator!
Chapter 118 2 hours ago -
Pokémon: The Zen Trainer
Chapter 368 2 hours ago