Chapter 1114
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The establishment of the Hong Kong Banknote Printing Company occupies the commanding heights of morality, and it is not difficult to advance naturally.
From the perspective of the old ghosts in the Hong Kong government, this is the responsibility of the Hong Kong Monetary Authority. In the remaining few years of transition, it will be dealt with sooner or later. Now Sir Gao has a huge energy to implement it. Obstruction is also of little value.
The senior management of the British De La Rue Group also understands the logic here. It is completely predictable that they will not let go of Heung Kong’s assets and business, and will not cooperate with them. After the law is passed, we still have to accept it as it is. At that time, there will definitely be nothing left because of the hurt and peace. It is better to enjoy it peacefully now, and the ten percent of the rights and interests that Sir Gao has left behind in his work.
On the other hand, with the background of the Hong Kong Banknote Printing Company, the next operation is more secure than the name of a subsidiary of the British De La Rue Group. After all, there is a high threshold for printing banknotes, but In the world, the British De La Rue Group is not the only one that can easily share the 10% stable equity in the remaining years of the Hong Kong transition period, no loss!
Huifeng Bank, Lili Bank, and Standard Chartered Hong Kong Bank, who were asked to subscribe for 10% of the shares of the Hong Kong Banknote Printing Company, have no reason to refuse. This is a qualification certification for the three note-issuing banks, and it can also offset part of the printing for a long time. The cost of banknotes.
So, soon, the inauguration ceremony of the Hong Kong Banknote Printing Company was dedicated to the public, and all parties involved were either obediently or happily present to help out. The headquarters of the Hong Kong Monetary Authority, which is in charge of the Hong Kong Banknote Printing Company, is located in the Xinhua Building.
The Gao's Bank Building has been completed and renovated, and there is still a grand official opening ceremony, but a lot of preliminary work has been carried out for a long time. For example, some floors in the New China Bank Building belonged to Gao Yi's offices, which have been vacated ahead of time.
Therefore, on the day of the inauguration ceremony of the Hong Kong Banknote Printing Company, the Xinhua Building, where the Hong Kong Monetary Authority temporarily lives, is not so cramped. For example, the venue for the press conference does not need to be arranged outside.
Witnessed by the reporters with long guns and short cannons and the incessant shooting of Nakaka, the heads of relevant parties, headed by Sir Gao, President of the Hong Kong Monetary Authority, signed and exchanged documents respectively. The atmosphere can be described as crowded. The stars hold the moon, and the hope is returned.
Next, of course, is the interaction with reporters to publicly disclose the necessary information.
First of all, Sir Gao's speech aimed to explain that through the establishment of the Hong Kong Banknote Printing Company, the various links in the Hong Kong currency issuance system should be sorted out.
According to the reports of various media after the press conference, everyone was quite surprised.
What are people paying attention to during this time?
After the banquet at the Ritz Hotel in London, Sir Gao, who escaped the catastrophe, returned to Hong Kong and chose the biggest forces to beat him. It was rumored that Huifeng Bank was going to give up its absolute controlling stake in Hengsheng Bank...
In the eyes of the people eating melons, it was not until this time that people woke up, and before they knew it, Sir Gao had done another business!
Aside from the accident, the praises came one after another, and Sir Gao never forgot his work!
In fact, Gao Xian is also very satisfied with the incidental results in the process of repairing Standard Chartered Bank and beating Huifeng Bank. When the moment is in front of you, deal with it as you can deal with it.
The new mechanism that has been perfected requires a process of adaptation, and it has been squeezed into 1997. If the Asian financial crisis continues as scheduled, it may be a loophole or even a back door.
Well now, the currency circulation of Xiangjiang has basically sorted out the relationship clearly. By 1997, I believe it will be more complete, and then another link can be assured.
The content of the press conference was varied. For example, someone was testing whether the Hong Kong Monetary Authority would also issue banknotes?
Sir Ko's answer is that it cannot be ruled out, but right now, it is too early to tell.
Some people have also asked whether there will be a new version of banknotes to be issued soon after the establishment of the Hong Kong Banknote Printing Company.
Sir Gao gave an affirmative answer. With the continuous improvement of the status of Hong Kong International Financial Center, the pressure on Hong Kong dollar anti-counterfeiting has also increased significantly. In this regard, in terms of adopting newer and more advanced anti-counterfeiting technology, the Hong Kong Monetary Authority has issued a statement to the Hong Kong Banknote Printing Company. And note-issuing banks, made clear supervision.
For example, I think the emerging technology of plastic banknotes is very promising. Although the manufacturing cost of plastic banknotes is twice that of paper banknotes, it has advantages that are difficult to achieve with paper banknotes, including the ability to combine many Anti-counterfeiting measures that cannot be achieved on paper banknotes; it is difficult to tear with bare hands, will not be damaged by water, and is also suitable for the humid climate of Hong Kong, with a service life of four times that of paper banknotes.
Listening to Sir Gao talking about this, many senior financial reporters can't help but think that the commemorative coins issued by Lili Bank for "moving to a new home" are based on the technology of plastic banknotes? Does Sir Gao want to superimpose his unique and powerful advertising effect on this advertising effect?
Sir Gao continued to say, in addition, there are some colonial elements in the design drawings of the banknotes of the note-issuing banks, and it may be time to make changes. This non-technical aspect is handled at the discretion of the note-issuing bank.
This answer reflects that Sir Gao, President of the Hong Kong Monetary Authority, does not have everything in his hands, and gives you freedom, such as the colonial elements on the Hong Kong dollars issued by Huifeng Bank and Standard Chartered Bank. Next, Huifeng Bank, Whether or not Standard Chartered Hong Kong Bank should be removed and redesign a new version of the Hong Kong dollar that respects the Chinese-dominated Hong Kong society is up to you.
In any case, Chinese elements such as Cantonese opera and tea-drinking culture used in the Hong Kong dollar issued by Yili Bank are very popular.
The reporters also asked a data question. In fact, there is a general answer to this question in public channels, but the answer of Sir Gao, President of the Hong Kong Monetary Authority, is more authoritative. This question is that at this stage The scale of the currency in circulation in Hong Kong, and the scale of note-issuing banks.
Gao Xian knew what was the driving force behind this question, and he answered directly at his fingertips. At this stage, the scale of Hong Kong currency in circulation is close to 40 billion Hong Kong dollars, of which more than 200 million Hong Kong dollars coins are issued by the Hong Kong Monetary Authority; the issuance of banknotes , Huifeng Bank contributed nearly half of the share, which is beneficial to nearly 40% of the issuance scale of the bank, and the issuance scale of Standard Chartered Bank is relatively stable.
The amount of information in this authoritative answer can be said to be not large. The current three note-issuing banks in Hong Kong want to issue banknotes, which is equivalent to putting a corresponding amount of US dollars in the Hong Kong Exchange Fund as a margin. As for how the Hong Kong Monetary Authority will adjust The proportion of a basket of international currencies in the Hong Kong Exchange Fund is top secret, regardless of the bank that issued the note.
Therefore, the issuance of banknotes by the three note-issuing banks in Hong Kong is by no means a simple advertising effect, but a real declaration of hard power and bank credit.
Pu Weishi, the Huifeng senior classmate who dared to accompany Sir Gao at the scene, glanced helplessly at Chen Zuze, the leader of Liyi Bank, I know you are chasing closely, but there is no need to find a reporter to show off here.
Please report us if you find any errors so we can fix it asap!
The establishment of the Hong Kong Banknote Printing Company occupies the commanding heights of morality, and it is not difficult to advance naturally.
From the perspective of the old ghosts in the Hong Kong government, this is the responsibility of the Hong Kong Monetary Authority. In the remaining few years of transition, it will be dealt with sooner or later. Now Sir Gao has a huge energy to implement it. Obstruction is also of little value.
The senior management of the British De La Rue Group also understands the logic here. It is completely predictable that they will not let go of Heung Kong’s assets and business, and will not cooperate with them. After the law is passed, we still have to accept it as it is. At that time, there will definitely be nothing left because of the hurt and peace. It is better to enjoy it peacefully now, and the ten percent of the rights and interests that Sir Gao has left behind in his work.
On the other hand, with the background of the Hong Kong Banknote Printing Company, the next operation is more secure than the name of a subsidiary of the British De La Rue Group. After all, there is a high threshold for printing banknotes, but In the world, the British De La Rue Group is not the only one that can easily share the 10% stable equity in the remaining years of the Hong Kong transition period, no loss!
Huifeng Bank, Lili Bank, and Standard Chartered Hong Kong Bank, who were asked to subscribe for 10% of the shares of the Hong Kong Banknote Printing Company, have no reason to refuse. This is a qualification certification for the three note-issuing banks, and it can also offset part of the printing for a long time. The cost of banknotes.
So, soon, the inauguration ceremony of the Hong Kong Banknote Printing Company was dedicated to the public, and all parties involved were either obediently or happily present to help out. The headquarters of the Hong Kong Monetary Authority, which is in charge of the Hong Kong Banknote Printing Company, is located in the Xinhua Building.
The Gao's Bank Building has been completed and renovated, and there is still a grand official opening ceremony, but a lot of preliminary work has been carried out for a long time. For example, some floors in the New China Bank Building belonged to Gao Yi's offices, which have been vacated ahead of time.
Therefore, on the day of the inauguration ceremony of the Hong Kong Banknote Printing Company, the Xinhua Building, where the Hong Kong Monetary Authority temporarily lives, is not so cramped. For example, the venue for the press conference does not need to be arranged outside.
Witnessed by the reporters with long guns and short cannons and the incessant shooting of Nakaka, the heads of relevant parties, headed by Sir Gao, President of the Hong Kong Monetary Authority, signed and exchanged documents respectively. The atmosphere can be described as crowded. The stars hold the moon, and the hope is returned.
Next, of course, is the interaction with reporters to publicly disclose the necessary information.
First of all, Sir Gao's speech aimed to explain that through the establishment of the Hong Kong Banknote Printing Company, the various links in the Hong Kong currency issuance system should be sorted out.
According to the reports of various media after the press conference, everyone was quite surprised.
What are people paying attention to during this time?
After the banquet at the Ritz Hotel in London, Sir Gao, who escaped the catastrophe, returned to Hong Kong and chose the biggest forces to beat him. It was rumored that Huifeng Bank was going to give up its absolute controlling stake in Hengsheng Bank...
In the eyes of the people eating melons, it was not until this time that people woke up, and before they knew it, Sir Gao had done another business!
Aside from the accident, the praises came one after another, and Sir Gao never forgot his work!
In fact, Gao Xian is also very satisfied with the incidental results in the process of repairing Standard Chartered Bank and beating Huifeng Bank. When the moment is in front of you, deal with it as you can deal with it.
The new mechanism that has been perfected requires a process of adaptation, and it has been squeezed into 1997. If the Asian financial crisis continues as scheduled, it may be a loophole or even a back door.
Well now, the currency circulation of Xiangjiang has basically sorted out the relationship clearly. By 1997, I believe it will be more complete, and then another link can be assured.
The content of the press conference was varied. For example, someone was testing whether the Hong Kong Monetary Authority would also issue banknotes?
Sir Ko's answer is that it cannot be ruled out, but right now, it is too early to tell.
Some people have also asked whether there will be a new version of banknotes to be issued soon after the establishment of the Hong Kong Banknote Printing Company.
Sir Gao gave an affirmative answer. With the continuous improvement of the status of Hong Kong International Financial Center, the pressure on Hong Kong dollar anti-counterfeiting has also increased significantly. In this regard, in terms of adopting newer and more advanced anti-counterfeiting technology, the Hong Kong Monetary Authority has issued a statement to the Hong Kong Banknote Printing Company. And note-issuing banks, made clear supervision.
For example, I think the emerging technology of plastic banknotes is very promising. Although the manufacturing cost of plastic banknotes is twice that of paper banknotes, it has advantages that are difficult to achieve with paper banknotes, including the ability to combine many Anti-counterfeiting measures that cannot be achieved on paper banknotes; it is difficult to tear with bare hands, will not be damaged by water, and is also suitable for the humid climate of Hong Kong, with a service life of four times that of paper banknotes.
Listening to Sir Gao talking about this, many senior financial reporters can't help but think that the commemorative coins issued by Lili Bank for "moving to a new home" are based on the technology of plastic banknotes? Does Sir Gao want to superimpose his unique and powerful advertising effect on this advertising effect?
Sir Gao continued to say, in addition, there are some colonial elements in the design drawings of the banknotes of the note-issuing banks, and it may be time to make changes. This non-technical aspect is handled at the discretion of the note-issuing bank.
This answer reflects that Sir Gao, President of the Hong Kong Monetary Authority, does not have everything in his hands, and gives you freedom, such as the colonial elements on the Hong Kong dollars issued by Huifeng Bank and Standard Chartered Bank. Next, Huifeng Bank, Whether or not Standard Chartered Hong Kong Bank should be removed and redesign a new version of the Hong Kong dollar that respects the Chinese-dominated Hong Kong society is up to you.
In any case, Chinese elements such as Cantonese opera and tea-drinking culture used in the Hong Kong dollar issued by Yili Bank are very popular.
The reporters also asked a data question. In fact, there is a general answer to this question in public channels, but the answer of Sir Gao, President of the Hong Kong Monetary Authority, is more authoritative. This question is that at this stage The scale of the currency in circulation in Hong Kong, and the scale of note-issuing banks.
Gao Xian knew what was the driving force behind this question, and he answered directly at his fingertips. At this stage, the scale of Hong Kong currency in circulation is close to 40 billion Hong Kong dollars, of which more than 200 million Hong Kong dollars coins are issued by the Hong Kong Monetary Authority; the issuance of banknotes , Huifeng Bank contributed nearly half of the share, which is beneficial to nearly 40% of the issuance scale of the bank, and the issuance scale of Standard Chartered Bank is relatively stable.
The amount of information in this authoritative answer can be said to be not large. The current three note-issuing banks in Hong Kong want to issue banknotes, which is equivalent to putting a corresponding amount of US dollars in the Hong Kong Exchange Fund as a margin. As for how the Hong Kong Monetary Authority will adjust The proportion of a basket of international currencies in the Hong Kong Exchange Fund is top secret, regardless of the bank that issued the note.
Therefore, the issuance of banknotes by the three note-issuing banks in Hong Kong is by no means a simple advertising effect, but a real declaration of hard power and bank credit.
Pu Weishi, the Huifeng senior classmate who dared to accompany Sir Gao at the scene, glanced helplessly at Chen Zuze, the leader of Liyi Bank, I know you are chasing closely, but there is no need to find a reporter to show off here.
The establishment of the Hong Kong Banknote Printing Company occupies the commanding heights of morality, and it is not difficult to advance naturally. From the perspective of the old ghosts in the Hong Kong government, this is the responsibility of the Hong Kong Monetary Authority. In the remaining few years of transition, it will be dealt with sooner or later. Now Sir Gao has a huge energy to implement it. Obstruction is also of little value. The senior management of the British De La Rue Group also understands the logic here. It is completely predictable that they will not let go of Heung Kong's assets and business, and will not cooperate with them. After the law is passed, we still have to accept it as it is. At that time, there will definitely be nothing left because of the hurt and peace. It is better to enjoy it peacefully now, and the ten percent of the rights and interests that Sir Gao has left behind in his work. On the other hand, with the background of the Hong Kong Banknote Printing Company, the next operation is more secure than the name of a subsidiary of the British De La Rue Group. After all, there is a high threshold for printing banknotes, but In the world, the British De La Rue Group is not the only one that can easily share the 10% stable equity in the remaining years of the Hong Kong transition period, no loss! Huifeng Bank, Lili Bank, and Standard Chartered Hong Kong Bank, who were asked to subscribe for 10% of the shares of the Hong Kong Banknote Printing Company, have no reason to refuse. This is a qualification certification for the three note-issuing banks, and it can also offset part of the printing for a long time. The cost of banknotes. So, soon, the inauguration ceremony of the Hong Kong Banknote Printing Company was dedicated to the public, and all parties involved were either obediently or happily present to help out. The headquarters of the Hong Kong Monetary Authority, which is in charge of the Hong Kong Banknote Printing Company, is located in the Xinhua Building. The Gao's Bank Building has been completed and renovated, and there is still a grand official opening ceremony, but a lot of preliminary work has been carried out for a long time. For example, some floors in the New China Bank Building belonged to Gao Yi's offices, which have been vacated ahead of time. Therefore, on the day of the inauguration ceremony of the Hong Kong Banknote Printing Company, the Xinhua Building, where the Hong Kong Monetary Authority temporarily lives, is not so cramped. For example, the venue for the press conference does not need to be arranged outside. Witnessed by the reporters with long guns and short cannons and the incessant shooting of Nakaka, the heads of relevant parties, headed by Sir Gao, President of the Hong Kong Monetary Authority, signed and exchanged documents respectively. The atmosphere can be described as crowded. The stars hold the moon, and the hope is returned. Next, of course, is the interaction with reporters to publicly disclose the necessary information. First of all, Sir Gao's speech aimed to explain that through the establishment of the Hong Kong Banknote Printing Company, the various links in the Hong Kong currency issuance system should be sorted out. According to the reports of various media after the press conference, everyone was quite surprised. What are people paying attention to during this time? After the banquet at the Ritz Hotel in London, Sir Gao, who escaped the catastrophe, returned to Hong Kong and chose the biggest forces to beat him. It was rumored that Huifeng Bank was going to give up its absolute controlling stake in Hengsheng Bank... In the eyes of the people eating melons, it was not until this time that people woke up, and before they knew it, Sir Gao had done another business! Aside from the accident, the praises came one after another, and Sir Gao never forgot his work! In fact, Gao Xian is also very satisfied with the incidental results in the process of repairing Standard Chartered Bank and beating Huifeng Bank. When the moment is in front of you, deal with it as you can deal with it. The new mechanism that has been perfected requires a process of adaptation, and it has been squeezed into 1997. If the Asian financial crisis continues as scheduled, it may be a loophole or even a back door. Well now, the currency circulation of Xiangjiang has basically sorted out the relationship clearly. By 1997, I believe it will be more complete, and then another link can be assured. The content of the press conference was varied. For example, someone was testing whether the Hong Kong Monetary Authority would also issue banknotes? Sir Ko's answer is that it cannot be ruled out, but right now, it is too early to tell. Some people have also asked whether there will be a new version of banknotes to be issued soon after the establishment of the Hong Kong Banknote Printing Company. Sir Gao gave an affirmative answer. With the continuous improvement of the status of Hong Kong International Financial Center, the pressure on Hong Kong dollar anti-counterfeiting has also increased significantly. In this regard, in terms of adopting newer and more advanced anti-counterfeiting technology, the Hong Kong Monetary Authority has issued a statement to the Hong Kong Banknote Printing Company. And note-issuing banks, made clear supervision. For example, I think the emerging technology of plastic banknotes is very promising. Although the manufacturing cost of plastic banknotes is twice that of paper banknotes, it has advantages that are difficult to achieve with paper banknotes, including the ability to combine many Anti-counterfeiting measures that cannot be achieved on paper banknotes; it is difficult to tear with bare hands, will not be damaged by water, and is also suitable for the humid climate of Hong Kong, with a service life of four times that of paper banknotes. Listening to Sir Gao talking about this, many senior financial reporters can't help but think that the commemorative coins issued by Lili Bank for "moving to a new home" are based on the technology of plastic banknotes? Does Sir Gao want to superimpose his unique and powerful advertising effect on this advertising effect? Sir Gao continued to say, in addition, there are some colonial elements in the design drawings of the banknotes of the note-issuing banks, and it may be time to make changes. This non-technical aspect is handled at the discretion of the note-issuing bank. This answer reflects that Sir Gao, President of the Hong Kong Monetary Authority, does not have everything in his hands, and gives you freedom, such as the colonial elements on the Hong Kong dollars issued by Huifeng Bank and Standard Chartered Bank. Next, Huifeng Bank, Whether or not Standard Chartered Hong Kong Bank should be removed and redesign a new version of the Hong Kong dollar that respects the Chinese-dominated Hong Kong society is up to you. In any case, Chinese elements such as Cantonese opera and tea-drinking culture used in the Hong Kong dollar issued by Yili Bank are very popular. The reporters also asked a data question. In fact, there is a general answer to this question in public channels, but the answer of Sir Gao, President of the Hong Kong Monetary Authority, is more authoritative. This question is that at this stage The scale of the currency in circulation in Hong Kong, and the scale of note-issuing banks. Gao Xian knew what was the driving force behind this question, and he answered directly at his fingertips. At this stage, the scale of Hong Kong currency in circulation is close to 40 billion Hong Kong dollars, of which more than 200 million Hong Kong dollars coins are issued by the Hong Kong Monetary Authority; the issuance of banknotes , Huifeng Bank contributed nearly half of the share, which is beneficial to nearly 40% of the issuance scale of the bank, and the issuance scale of Standard Chartered Bank is relatively stable. The amount of information in this authoritative answer can be said to be not large. The current three note-issuing banks in Hong Kong want to issue banknotes, which is equivalent to putting a corresponding amount of US dollars in the Hong Kong Exchange Fund as a margin. As for how the Hong Kong Monetary Authority will adjust The proportion of a basket of international currencies in the Hong Kong Exchange Fund is top secret, regardless of the bank that issued the note. Therefore, the issuance of banknotes by the three note-issuing banks in Hong Kong is by no means a simple advertising effect, but a real declaration of hard power and bank credit. Pu Weishi, the Huifeng senior classmate who dared to accompany Sir Gao at the scene, glanced helplessly at Chen Zuze, the leader of Liyi Bank, I know you are chasing closely, but there is no need to find a reporter to show off here.
