Some democrats sell their properties. Yuan Bowie believes that the Chinese Communist Party is eyeing the wealth of Hong Kong society and calls on Hong Kong people to transfer their assets to overseas as soon as possible.
Recently, Yang Jiechi, a member of the Chinese Communist Party’s Politburo, spoke at the Council on U.S.-China Relations, the first formal dialogue between top Chinese and U.S. officials since Biden took office. Yang urged the U.S. to stop interfering in Taiwan, Hong Kong, Tibet and Xinjiang, and warned the U.S. not to politicize economic and trade issues. Hong Kong industrialist Yuan Gong Yi believes that this is a test of the U.S. government’s response. The Chinese Communist Party is now short of foreign currency and chips, plus the previous sanctions such as Trump‘s tariff hikes on Chinese products have made the Chinese Communist Party suffer. In addition, the recent Hong Kong democrats are selling their properties, Yuan believes that the Chinese Communist Party is eyeing the wealth of Hong Kong society, he called on Hong Kong people to transfer their assets to overseas as soon as possible, “not now, not later”.
U.S. weakness Taiwan is at risk
Yuan Bowie pointed out that Yang Jiechi’s speech this Time was gauging the bottom of the barrel and testing the U.S. reaction, the same purpose as the negotiations with Pompeo in Hawaii last year. Yuan said, “Although the U.S. response is firm, it is far from enough.” “I have been in the U.S. for seven or eight months, and I often hear U.S. officials refer to a MEASURE response, that is, a measured response, but it is not a firm response,” “When the Chinese Communist Party comes to test the bottom line, it should respond in a very strong manner, and must make it clear that it will make a counterattack”.
Yuan believes that the U.S. response is not strong enough, so that Taiwan is at risk, and he fears that the CCP will keep provoking and will eventually attack Taiwan by surprise, while the U.S. side may not dare to send troops. He criticized that “the United States has not yet figured out the Communist Party, the Communist Party hit you a slap, you have to return five slaps, so that the Communist Party will not dare to bully you again”, the Communist Party must be heavy handed, a sword to seal the throat, not you a punch I a punch so hit.
He pointed out that the Chinese Communist Party is now lack of foreign exchange, lack of chips, coupled with Trump’s tariffs on Chinese products and other sanctions, making the Chinese Communist Party suffering, “the Chinese Communist Party wants Biden to help it out of the sea of suffering, but Biden can not do directly”, Biden behind Obama, and Obama has to take into account the image of the people in the United States, can not be lifted at once Trump on the The Chinese Communist Party’s sanctions. Therefore, the Chinese Communist Party is very anxious.
The Chinese Communist Party is short of money and is eyeing Hong Kong
The Chinese Communist Party is in need of money to target Hong Kong. Lin Zheng recently sealed the district frequently on the grounds of Epidemic, Yuan Gong Yi believes that this is a rehearsal for the future military control of Hong Kong, “in the training of police, when there is anything will be closed, this is the action of the authoritarian government”, in the future Hong Kong will become a “military-controlled society”.
Will the Hong Kong government next strengthen totalitarian rule and impose asset restrictions on Hong Kong people? Yuan said that he had previously explained this topic, after the implementation of the National Security Law, a large amount of money out of Hong Kong, “the Chinese Communist Party is taking foreign exchange to support the Hong Kong stock market, so that the Chinese Communist Party itself is short of foreign exchange”, referring to past experience, the next step of the Chinese Communist Party will scrap the wealth of the people, to “public-private partnership After the “public-private partnership” in the name of appropriation of corporate assets, the next step of personal assets may be harvested.
He continued to point out that why the Chinese Communist Party made a big effort to carry out the three anti-5 anti? “The situation in Hong Kong is similar to that time, “Hong Kong is very rich, individuals and companies have money, and the Chinese Communist Party is interested in this money”; Throughout the history of the Chinese Communist Party, it is a process of killing and looting. He called on “Hong Kong people to change their US dollars and move their money overseas, not to stay in Hong Kong.”
Democrats sell properties, pro-establishment businessmen sell shares
After the National Security Law, Hong Kong has seen a wave of emigration and a large number of properties on the market are being sold at below-market prices. Several Hong Kong democrats have also sold their self-occupied properties recently, including Lee Cheuk-yan, chairman of the Hong Kong Alliance in Support of Patriotic Democratic Movements of China, Lam Cheuk-ting, vice chairman of the Democratic Party, and Yu York-wai, a former legislator. Does it reflect that they are not optimistic about the future of Hong Kong? Yuan Bowie believes that generally the democrats have moved their liquidity overseas, “Now the situation is not right, they start selling their properties, if they don’t sell now, the property prices may fall later, and then in the end, the Communist Party will come to take your money”, “Why call the Chinese Communist Party as ‘commies’, that’s what it means.”
Recently there is news that the headquarters of a number of financial institutions have successively withdrawn from Hong Kong, these fund managers and bankers left Hong Kong by a number of Hong Kong financial regulators to inquire about the reasons for leaving, the practice is unusual. Yuan Bowie pointed out that the Chinese Communist Party has no more money, it will implement capital controls, “Hong Kong dollars for U.S. dollars will be regulated,” “the Chinese Communist Party feels that our money is its money.”
In addition to the democrats sell buildings, the establishment businessmen also sell shares. Hong Kong tycoon Ho Chu Kwok sold more than 246 million shares (involving 28% stake) of his listed company Sing Tao News Group to Guo Xiaoting, daughter of Guo Yingcheng, chairman of Jia Zhaoge Group, at HK$1.5 per share, cashing in more than HK$369 million. After the completion of the transaction, Ho retained only a 3.37% interest in Sing Tao. In addition, there are rumors that Ho Chu Kwok holds a U.S. passport.
Yuan Bowie said, He Zhuguo is a businessman, will also calculate, “If in the future (the Chinese Communist Party in Hong Kong to implement capital controls) can not be converted to U.S. dollars how to do? Now he has more than 300 million Hong Kong dollars in cash, which can be immediately exchanged for U.S. dollars and transferred overseas”, “If you don’t transfer it now, you can’t transfer it later. Yuan took his own father as an example, saying that his father did not transfer his assets in Shanghai at the time and they were eventually confiscated by the Chinese Communist Party.
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