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Rebirth capital madman - Chapter 242

Published at 17th of March 2022 07:30:35 PM


Chapter 242

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The abolition of foreign exchange control by the Hong Kong government, as the name suggests, is not difficult to understand, that is, to completely abolish the long-standing sterling exchange standard, and bank assets do not need to be guaranteed by sterling, and so on.

The gold control, which is also ready to be lifted, is a little more complicated.

Xiangjiang's gold market has a long history. Before Britain joined the war in the Second World War, it took the traditional gold and silver trade field as the main body. Regardless of the way of transaction, interest negotiation, and various settlement and settlement, it has its own unique way with outstanding reputation. In addition, it is quite different from the standards and habits of the international market and is not controlled by the Hong Kong government.

When the war broke out, foreign exchange and gold were naturally controlled by the Hong Kong government.

After the end of the Second World War, the situation in mainland China was turbulent. In order to avoid risks, a large number of capital poured into Xiangjiang River, which led to a crazy upsurge of gold speculation.

In order to curb the huge risks in the Xiangjiang gold market, the Hong Kong government has further strengthened control and restricted the trading of pure gold in 1999, which has continued to this day.

At this stage, the gold trading in Xiangjiang gold and silver exchange is almost all good gold in 1994 and 1995.

However, in reality, the government's gold control has begun to loosen quietly since 1969.

It is not hard to imagine that the gold control of the Hong Kong government gave birth to the franchise of importing gold from London, which was jointly controlled by Jardine Minda, huidefeng Fengye investment and Swiss capital peimins.

The gold imported by these three companies from London was transferred to Haojiang for sale, which led to the prosperity of Haojiang gold market.

In fact, a large amount of gold in Haojiang gold market was imported back to Xiangjiang through informal channels.

Therefore, the Hong Kong government's gold control is very unreliable, which is equivalent to making the Xiangjiang gold market more complicated.

At present, the Hong Kong government is forced to liberalize the foreign exchange market. This messy gold control is no longer necessary.

The financial secretary, Xia Dingji, was worried that too much speculation in the Xiangjiang gold market might endanger the Hong Kong dollar being adjusted, so he wanted to add a one-year buffer period.

But for people like Gao Xian, Xiangjiang gold market has been liberalized.

It has to be said that the advantage of having close contact with the financial secretary Xia Dingji is here. During the light conversation, all kinds of important information are readily available, just as real estate developers know the land planning in advance.

When it comes to the revenue of the Hong Kong government, Gao Xian commented: "according to the governor's policy plan, public expenditure on education, low rent housing and so on is bound to increase greatly. I'm afraid there will still be a lot of pressure if the Treasury only relies on conventional source saving."

"Let's start with open source. As a world-famous free port, Xiangjiang is characterized by low taxes. In this case, any project to increase fiscal revenue will inevitably lead to social rebound, and the process is very cumbersome."

"Besides cutting expenditure, in the past two years, the assistant chief secretary has been complaining about the adjustment of the salary system of civil servants such as teachers and nurses. After all, these grass-roots staff are actually under great pressure."

"I think Zhengfu might as well follow the example of oil producing countries in the Middle East and set up investment projects like sovereign funds to expand financial resources."

"My company, Gaoyi, recently established an open-end fund called Hongshi fund. The financial secretary might as well consider participating and try the effect."

After listening to Gao Xian's suggestion, Xia Dingji's face showed a tangled color, because the Hong Kong government had not done so before, and there was no precedent to follow, which means that the risk is difficult to predict.

"I'll think about it." Xia Dingji, who felt almost chatting, got up and left. Gao Xian didn't stay in the club. He got in the car and went back to Gao Yi's office.

The Redstone fund raised by Gao Xian to Xia Dingji is one of the latest funds established by Gaoyi, which is very different from the previous Li Zhongbao fund and anfida fund.

In short, it is not difficult for ordinary people to participate in Li Zhongbao fund and anfida fund. The purchase threshold of Hongshi fund starts from HK $1 million. It is a real high-end product and is the main project personally responsible by Gao Xian. He plans to really live through the addiction of at least 20 or 30% annual income growth.

In these three years, Gao Xian's hard work has earned him a professional reputation.

After the project of Hongshi fund spread in the circle, it reached a scale of HK $100 million in just a few weeks, in sharp contrast to the depression of Xiangjiang stock market.

It must be pointed out that the recognition of Hongshi fund means that there is a wave of powerful support behind Gaoxian; Otherwise, who would easily give Gao Xian a few million Hong Kong dollars to plan strategies.

In addition to establishing a series of funds corresponding to stocks, bonds, foreign exchange market, gold market and other fields, Gaoyi company also established a financial company.

Xiangjiang has stopped issuing bank licenses at this stage. Like Ma Jingxi's establishment of Xiangji finance, it is the most cost-effective solution to establish a non licensed registered deposit taking institution.

In fact, banking institutions in countries such as Malaya are also based on financial companies in the form of activities in Xiangjiang.

The establishment of Gaoyi finance company will bring great convenience to Gaoyi's capital flow.

So far, all the digestion steps after Gao Xian successfully won the milk company have been in place. Happy group and Gaoyi company, an industry and a finance, have become his left and right hands.

With these two systems, the investment projects in the United States have to be adjusted accordingly, which requires Gao Xian to go there in person.

Gao Xianzheng intends to go out for a walk. In fact, he mainly wants to take Yi Huirong, who is still in Canada, back to Xiangjiang. His personal problems, it's time to solve them.

Unexpectedly, at this time, Yi Huirong returned to Xiangjiang.

It turned out that some time ago, Yi Mingzhe and his wife took a trip to Canada as an opportunity to bring their baby daughter back to Xiangjiang.

Yi Mingzhe called Gao Xian and Yi Huirong together and said clearly, "don't be so awkward. Get engaged quickly and get married next year. It's over my mind."

Gao Xian naturally wants it. Take action immediately.

In fact, Gao Xian had already started to prepare. On that day, He Tian, the chairman of Hengsheng bank, who has an excellent reputation in the circle and can be called highly respected, was invited to act as a matchmaker.

As for other trivial matters, just throw money directly.

Looking at Gao Xian without blinking, he threw out five million yuan. Yi Huiqiang couldn't help but say, "you're really bleeding for my little sister."

Gao Xian smiled, "don't spend money at this time. When will you spend money?"

"It's time to hurry up." Yi Huiqiang rubbed his hands. "I'm looking forward to it. I quickly officially call you the youngest tycoon in Xiangjiang business, my brother-in-law."




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