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Rebirth capital madman - Chapter 448

Published at 17th of March 2022 07:24:51 PM


Chapter 448

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Among all the people present, Gao Xian is the youngest, and it is customary for him to be named and make speeches to attract jade.

This time, Gao Xian also had nothing to be taboo about. He made a clear statement and said: "at the beginning, the Zhengfu chose to freeze the issuance of bank licenses in order to deal with the crisis of Xiangjiang banking industry. Naturally, it makes sense."

"But now, this provision has basically lost its meaning."

"You must remember that last year, the government promulgated the deposit taking companies act to regulate the proliferation of financial companies. In terms of effect, it basically kicked out the unqualified people fishing in troubled waters."

"Now, the remaining licensed deposit taking companies and registered deposit taking companies actually belong to the branches of overseas banks to develop business in Xiangjiang. Even many banks have the background of national banks. It can be said that each has a strong backing."

"These licensed deposit taking companies and registered deposit taking companies also support this by taking Hong Kong dollar deposits in Xiangjiang."

"In other words, the local licensed banks in Xiangjiang have little effect on suppressing these licensed deposit taking companies and registered deposit taking companies by competing for deposit interest."

Finally, Gao Xian concluded: "as far as the current situation is concerned, liberalizing the bank license should better stimulate the prosperity of Xiangjiang's financial industry."

Shen Bi, HSBC's senior class, said in his speech: "although these licensed deposit taking companies and registered deposit taking companies in Xiangjiang do not have the name of a bank, they have the reality of a bank. With their deep background, they have a strong momentum to erode the business of Xiangjiang bank."

"Instead of this, it is better to let these licensed deposit taking companies and registered deposit taking companies obtain bank licenses, and the Zhengfu can also use more stringent banking regulations to supervise their operations."

Liberalizing the license control of Xiangjiang banking industry and allowing foreign banks to receive the same treatment as local banks in Xiangjiang will inevitably damage some vested interests.

Therefore, governor MacLehose had to convene this consultation meeting, and the views of the people present also supported and opposed the two factions accordingly.

For example, Gao Xian's support for the Hong Kong government to liberalize the license control of Xiangjiang banking industry can easily be understood by others as that Gao Xian speaks from the perspective of his own interests, because it is no secret that Gaoyi finance company is waiting to be upgraded to a bank.

Gao Xian is calm about this. Jianghu is like this. Who dares to pat his chest to ensure that he has no desire and no desire and is dedicated to the public?

After the consultants had made their full speeches, governor MacLehose did not make a statement on the spot. After saying "study it again", he announced the adjournment of the meeting.

This is also the meaning of the question. People are used to leaving one after another.

Gao Xian pulled Financial Secretary Xia Dingji to stay at the back. Hong Kong Governor Mai Lihao took the initiative to ask, "Sir Gao, what else?"

"Governor, I have one thing to report to you." Gao Xian went straight to the theme: "since the Zhengfu raised the stamp duty on securities transactions from 4% to 8%, the trading volume of the stock market has shrunk significantly."

"Although this year is not over yet, we can basically estimate a result. The annual trading volume of Xiangjiang stock market is only about 6 billion yuan, more than half of that of last year."

"But this does not mean that the actual demand for stock trading has decreased, and it is likely that some transactions have been conducted over the counter."

"I mean, if the Xiangjiang stock market continues to be so strictly regulated, the harm will outweigh the benefit. It's time to relax."

Governor Mai Lihao glanced at the financial secretary Xia Dingji and nodded, "Sir Gao is right. The government will take action as soon as possible."

Seeing that governor MacLehose could not hide his fatigue, Gao Xian stopped talking and left the Hong Kong government.

Speaking of, governor MacLehose has really had a lot of trouble recently.

For example, Vietnam intends to open up, and the number of refugees fleeing to Xiangjiang has increased sharply this year.

Such humanitarian issues have always been the subject of many slogans. Both the western countries receiving refugees and the United Nations are slow-moving old ladies who put an economic burden on Xiangjiang.

For another example, the contradiction between the Xiangjiang police community and the ICAC has deepened day by day, and even there has been a conflict. Not long ago, five ICAC officers were beaten and injured by police officers.

The original intention of the ICAC was mainly to control the systematic corruption of the Xiangjiang police force. However, with the deepening of the work of the ICAC, the Xiangjiang police force was terrified. Basically, all the people who could run ran ran away. The rest were unwilling and began to connect and want to go on strike.

Not to mention, in the social situation of Xiangjiang, once the Xiangjiang police force strikes, the scene will be very lively.

Governor MacLehose is faced with a tangled choice. Whether the work of the ICAC will come to an end temporarily and give an amnesty to the Xiangjiang police force. However, Ji Da, the head of the ICAC, disagrees.

There were differences within the ghost guy, and the Hong Kong Governor Mai Lihao was in a dilemma.

In this regard, Gao Xian is a role to watch the excitement. After watching it, he has to be busy with his own business.

……

……

Sorry, the old problem. There are still a few paragraphs that haven't been finished. Take a place first. I'll stay up late and finish the update soon. It's estimated to be an hour. Otherwise, this chapter will have to be delayed until tomorrow day.

Among all the people present, Gao Xian is the youngest, and it is customary for him to be named and make speeches to attract jade.

This time, Gao Xian also had nothing to be taboo about. He made a clear statement and said: "at the beginning, the Zhengfu chose to freeze the issuance of bank licenses in order to deal with the crisis of Xiangjiang banking industry. Naturally, it makes sense."

"But now, this provision has basically lost its meaning."

"You must remember that last year, the Zhengfu government promulgated the deposit taking companies act to regulate the proliferation of financial companies. In terms of effect, it basically brought unqualified people fishing in troubled waters to the market."

"Now, the remaining licensed deposit taking companies and registered deposit taking companies actually belong to the branches of overseas banks to develop business in Xiangjiang. Even many banks have the background of national banks. It can be said that each has a strong backing."

"These licensed deposit taking companies and registered deposit taking companies also support this by taking Hong Kong dollar deposits in Xiangjiang."

"In other words, the local licensed banks in Xiangjiang have little effect on suppressing these licensed deposit taking companies and registered deposit taking companies by competing for deposit interest."

Finally, Gao Xian concluded: "as far as the current situation is concerned, liberalizing the bank license should better stimulate the prosperity of Xiangjiang's financial industry."

……

Sorry, the old problem. There are still a few paragraphs that haven't been finished. Take a place first. I'll stay up late and finish the update soon. It's estimated to be an hour. Otherwise, this chapter will have to be delayed until tomorrow day.




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