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Rebirth capital madman - Chapter 714

Published at 17th of March 2022 07:17:34 PM


Chapter 714

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After listening to Shen Bi's high sounding remarks about the banking crisis in Xiangjiang in the 1960s and summing up the experience and lessons, everyone at the scene finally began to recall their feelings. This time Huifeng was a little unwilling to provide unlimited support to Hang Lung Bank.

Chen Zuze glanced at Gao Xian and thought convincingly, "the boss has a thorough understanding of Huifeng's people. Shen Bi really means to put down a challenge."

Peng Lizhi, the financial secretary who also understood, had a feeling of being stunned by a sudden attack.

The Hong Kong government, Huifeng, Jardine's harmony and the Jockey Club were the four traditional top powers in the colonial period of Xiangjiang. They always had to give each other some face. Especially in this special period, Hong Kong government officials should be careful about Huifeng's special existence. Moreover, Peng Lizhi was not a senior civil servant, but transferred from business to politics.

After calming down, financial secretary Peng Lizhi tried to resist his displeasure and asked, "Sir Shen Bi, what should I do according to your opinion?"

Shen Bi replied naturally: "the problem of Hang Lung Bank is not only due to the rash progress in operation, but also the illegal operation of senior personnel. Only when the Zhengfu takes over Hang Lung Bank can we really quickly and effectively stabilize the situation and deter the unhealthy tendencies in the banking sector."

The Hong Kong government's takeover of Hang Lung Bank means that the Hong Kong government should take out a considerable amount of funds to help Hang Lung Bank turnover in order to tide over the current business crisis, but where does the money come from?

This year, the Hong Kong government has run into a deficit. At the same time, no one cares about the official land auction, and the Treasury dare not move at all; Then we can only think of the exchange fund. The movable exchange fund also needs a lot of statements.

Thinking of the financial secretary Peng Lizhi here, he looked at the representatives of other banks and hoped that other banks would have the courage to take responsibility and provide support to Hang Lung Bank.

Are you kidding? Huifeng, the Xiangjiang quasi central bank, has shrunk. Who is willing to be the wronged leader!

As a result, the public had a very tacit understanding to avoid the eyes of Financial Secretary Chris Pang. Was that a meaningful conversation.

Gao Xian's eyes did not deliberately avoid financial secretary Peng Lizhi. When the other party looked at him, he nodded slightly.

Financial Secretary Peng Lizhi was overjoyed. He quickly put down his usual face and heart discord and asked eagerly, "Sir Gao, what's your opinion?"

Gao Xian was not polite and replied bluntly: "I think Sir Shen Bi's proposal just now is very reasonable. Only the Zhengfu came forward in person can we most effectively deal with the Hang Lung Bank Crisis."

Well, not only did not invite reinforcements, but also an Austrian aid who waved the flag and shouted for Shen Bi.

After feeling the "general trend" in the atmosphere at the scene, financial secretary Peng Lizhi hesitated and said, "however, this is contrary to the long-term policy of the government of not interfering in the market."

Gao Xian is most reluctant to listen to the policy of "non intervention", because this is basically a gimmick.

past times. British capital controls all aspects of Xiangjiang's economy, and its interests are difficult to touch. Naturally, the Hong Kong government is "non-interference" and "lazy".

If the Hong Kong government really wanted to "not intervene", why did it clean up Huo Yingdong so ruthlessly before? All the stars and container terminals were soaked in soup, so that Huo Yingdong could only hide his strength and bide his time. The situation did not begin to improve until American president Nicholson visited China and Britain followed up and promoted bilateral diplomatic relations to the ambassadorial level.

In terms of finance, the Hong Kong government did not control important resources such as gold and foreign exchange until the 1970s, when the collapse of the Bretton Woods system led to drastic changes in the international financial situation.

Gao Xian is increasingly reluctant to see that the main reason for the abuse of the "non intervention" policy is Xiangjiang's monetary policy.

The devaluation of the Hong Kong dollar has taken a long time. Now the exchange rate against the US dollar is breaking seven at the first sight, but the Hong Kong government has been slow to adopt the high-string monetary scheme and has no real effective action. I'm afraid "non intervention" is false. It is true to use this as a chip to influence the negotiations between Britain and China.

Now, Huifeng has the intention of putting aside the challenge. It is unwilling to provide unlimited support for Hang Lung Bank and encourages the Hong Kong government to come forward and take over Hang Lung Bank. In Gao Xian's view, this is clearly an opportunity for the Hong Kong government to loosen its "non intervention" policy.

As long as the Hong Kong government "makes an exception", it will have to "follow the example" next time, which will help Gao Xian to let the Hong Kong government solve the crisis of devaluation of the Hong Kong dollar according to its own monetary policy reform plan.

As a result, sir Gao appeared on Shen Bi's side.

"With the rapid development of the times, all kinds of new changes have taken place in the financial situation, and the policies should be changed." Gao Xian quietly kicked the ball to Shen Bi, "Sir Shen Bi, what do you think?"

How could Shen Bi object? He nodded repeatedly and said, "yes, for so many years, has the Xiangjiang law been revised less?"

Speaking of this, the financial secretary, Mr Patrick Pang, is like being blocked in a corner. He can't escape anyway.

He said in silence: "if Zhengfu fully takes over Hang Lung Bank, there will be a serious shortage of professionals."

Seeing that financial secretary Peng Lizhi "accepted his fate", Shen Bi timely sent a favor, "the financial secretary need not worry. After Zhengfu fully takes over Hang Lung Bank, professionals can be provided by Huifeng credit department, which is absolutely competent."

"OK, that's it." after the financial secretary Peng Lizhi made a decision, he also began to act decisively, arranged work and said: "I'll report the matter to the financial secretary and the Constitutional Council and urgently convene the Legislative Council; you can help me draft a takeover ordinance of Hang Lung Bank as soon as possible , for the needs of the proceedings of the Legislative Council; the commercial crime bureau took the lead and immediately went to the headquarters of Hang Lung Bank to control its executives and take over Hang Lung Bank in an all-round way. "

Realizing their respective goals, Shen Bi and Gao Xian naturally and respectfully agreed.

……

At the headquarters of Hang Lung Bank, Zhuang Rongkun, Li Haiguang and others are discussing how the shareholders have solved the current dilemma to Hang Lung Bank.

Unfortunately, we all have our own small 99 in mind, and we can't get a result at all.

In fact, it is not surprising that these guys who only think about the law and place and put the ultra-low mortgage loan of Hang Lung Bank into their pockets, if they really have such ability, they will not send a check of HK $1.18 billion to standard chartered to make up for the net loss of the unsettled account.

While discussing, these people waited for the news of whether the Bank of China was willing to settle, but they couldn't receive the results. Finally, they were so depressed that they planned to break up.

Suddenly, several police cars with double flashing stopped downstairs of the headquarters of Hang Lung Bank, and then a large number of police officers rushed in to control the staff and various documents respectively.

Hearing the news, Zhuang Rongkun, as soon as he led the crowd out of the conference room, was blocked by a senior superintendent, "everyone, please come with us."




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