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Rebirth capital madman - Chapter 1122

Published at 20th of December 2022 05:31:51 AM


Chapter 1122

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The Hong Kong Monetary Authority under the leadership of Gao Xian began to formally take over the supervision of the Hong Kong securities industry. There are the previous "Hong Kong Foreign Exchange Fund Authority Regulations" for the Hong Kong Exchange Fund Authority, and "Hong Kong Monetary Authority Regulations" for Hong Kong Financial The Authority's successful example, the "Hong Kong Securities and Futures Commission Ordinance" in front of the Hong Kong Securities and Futures Commission is very familiar to Sir Gao. How should it work?

Sir Gao made it clear to the Hong Kong government's financial secretary, Zhai Kecheng, that his expectation for the passage of the Hong Kong Securities Commission's regulations will take at most a month. Members of the Financial Services Committee of the Bureau understand that the Hong Kong Securities and Futures Commission Ordinance, which was born out of the Gao Xian Report, is "difficult", so there is reason to doubt whether it is a vegetarian meal.

One of the main contents of the Regulations of the Hong Kong Securities and Futures Commission is to determine the supervisory powers of the Hong Kong Securities and Futures Commission, including the supervision of the Hong Kong Stock Exchange, the Hong Kong Futures Exchange, and related system links such as settlement, settlement, and depository; management Licenses for market institutions such as securities dealers, futures dealers, leveraged foreign exchange dealers; regulation of acquisitions and mergers involving public companies in Hong Kong; approval of public collective investment schemes that wish to distribute in Hong Kong, etc.

It is a bit complicated to elaborate, but it is easy to understand from another angle. That is, after the robbery of Xiangjiang during the Asian financial crisis in the "old script", compared with the three-dimensional and multi-dimensional comprehensive attack against the Hong Kong dollar and the stock index, Xiangjiang has On the defensive, the only way to passively raise the overnight lending rate of the banking industry is to increase the overnight lending rate of the banking industry, and Gao Xian wants to create a sound mechanism from the root of the Hong Kong Securities Regulatory Commission.

Financial Secretary Chai Hak-shing has no objection to the full acceptance of the "High String Report" and the passage of the "Hong Kong Securities and Futures Commission Ordinance", because even if Gui Lao really takes the lead, it is nothing more than taking such measures. But there is certainly no good Sir Gao, who can't fault Sir Gao at all. In this case, the tendency is largely influenced by Sir Gao's "personal charisma".

"It should not be a problem to pass the Hong Kong Securities and Futures Commission Regulations within a month, and it should not even take a month." Zhai Kecheng said: "The content of the regulations based on the "Gao Xian Report" is no higher than the author's. The Jazz have deep self-confidence, so they pay more attention to specific reform measures, such as the funding issue of the Securities and Futures Commission in order to maintain a neutral operation."

Gao Xian nodded, the old ghost is very smart, and he couldn't find any faults in the "Hong Kong Securities and Futures Commission Regulations", so he turned to the implementation details, because everyone with discernment understands that the specific implementation is a big difficulty, "The merger of the four conferences "It took more than ten years to achieve the goal, which is the most typical example. If you don't figure it out, you will give the other party a chance to attack. Zhai Kecheng is reminding himself.





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