Chapter 731
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Soon after Gao Xiangang came to this time and space, he met Yi Huiqiang. After more than ten years of living together, the degree of tacit understanding between them naturally does not need to be described too much.
Therefore, in the dinner party, Yi Huiqiang expressed his views, which reflected some of Gao Xian's intentions. Seeing Sir Gao listening with a smile, others thought the same.
Of course, in this understanding, the understanding that you can't get up early without profit and that you should do things well comes first, but this is too superficial. It is only one of the foreshadowing for Gao Xian to expand his influence to the wider business community at this special stage.
Guo Zhiquan is also a character. No matter how he feels in his heart, the scene is very well said, "thank you for your advice, brother Yi. We'll have tea alone later and continue to listen to your ideas."
So, after the dinner, Guo Zhiquan and Yi Huiqiang left together, while Gao Xian continued to chat with Li Fuzhao for a while.
As the icing on the cake of the merger of the four stock exchanges in Xiangjiang, the Xiangjiang futures exchange founded by Gao Xian will also be incorporated into the system. In this regard, Gao Xian saw its success and did not hinder it. Anyway, the places that should be controlled are firmly in his hands.
In contrast, the merger process of the four stock exchanges in Xiangjiang is too difficult. At present, it is essentially in the joint stage. First, the Far East exchange with the first trading volume and the Kowloon exchange with the fourth trading volume are merged, and the Xiangjiang stock exchange with the second trading volume and the gold and silver exchange with the third trading volume are merged, Hu Hanhui, who founded the gold and silver exchange, served as the chairman of the joint organization. The interest struggle reflected in this can be seen.
One of the main game focuses of the merger of the four Xiangjiang stock exchanges is the issue of membership. As a traditional force in the Xiangjiang securities industry, Xiangjiang stock exchange belongs to vested interests, thinks its membership value is the highest, and is dissatisfied that the interests after the merger have been greatly diluted.
It is no exaggeration to say that Li Fuzhao at this stage belongs to the "Dragon Slayer". The Far East exchange led by him has repeatedly broken through the obstacles carefully set by the forces of Xiangjiang stock exchange. When others saw that the forces of Xiangjiang stock exchange had nothing to say, they followed suit and followed up.
Gao Xian appreciates Li Fuzhao's daring, but he is also vaguely worried about him. Frankly, he may be retaliated at any time. Moreover, Li Fuzhao himself is not impeccable, but the handle has not accumulated enough to threaten his current position.
Everyone is a vassal of one side. They have a lot of things to do on hand. It is rare to have such an opportunity to concentrate on communication at ordinary times. Therefore, Gao Xian kindly reminded them with a few drinks and a warm face: "The merger of the four associations is the general trend. The conservative practices of vested interests are doomed to be eliminated. Li Sheng doesn't need to be the first in everything, so as not to become the gathering point of all accumulated grievances and be retaliated."
"What can I get revenge?" Li Fuzhao smiled indifferently. "I think I still know how to be measured. Like the chairman of the stock exchange, I didn't argue. Let Hu Hanhui be the chairman."
"This is also true. Li Sheng is fully qualified to be the chairman of the stock exchange." Gao Xian agreed with a smile, but sighed for Li Fuzhao's lack of vigilance.
After chatting for a while, they also broke up. Gao Xian returned to his own site and continued to personally sort out the summary report on successfully coping with the trend of squeeze in the Xiangjiang banking industry. This is the first test for the bank to succeed the chairman of the Xiangjiang Banking Association. If you do well, you can't be careless.
After Gao Xian and his "literary courage" deliberated several paragraphs, Yi Huiqiang came leisurely. It seems that he and Guo Zhiquan didn't waste time.
Sure enough, Yi Huiqiang said with a smile, "the Guo family is also an old family, but now it's really a little empty."
"That's not nonsense." Gao Xian replied without raising his head. His family is big and big, and he is afraid of many people. Moreover, not every generation of children can grasp the good opportunities given by the current situation. Otherwise, Guo zhikuang, a core member of the Guo family, won't spend his mind illegally getting a $10 million loan from Yong'an bank.
"Now the Guo family is mainly worried about three things: the control of Yong'an bank, Guo zhikuang's lawsuit and other industries being dragged down." Yi Huiqiang put down his tea cup and continued: "At this juncture, the problem of Yong'an bank can only be solved according to successful experience. Zhengfu and the banking association don't want to create complications. The Guo family can only complain that they hit the muzzle of the gun. The control of Yong'an bank is the price that must be paid."
"Fortunately, whether Guo zhikuang's lawsuit and other industries of the Guo family have been dragged down, there is still room for operation."
After Gao Xian made a mark on the document, he put down his pen, looked up and asked, "in this way, the attitude of the Guo family is still open."
Yi Huiqiang cut, "It's unwise for the children of the Guo family to stick to their ancestral business. In recent years, Xiangjiang retail industry has developed rapidly and people's consumption concept has changed day by day. Although the department store is their strength, the pressure faced by Yong'an department store can not be underestimated. Now there is such a big scandal in Yong'an bank, even if it does not induce a run crisis, it is bound to affect the capital operation of Yong'an department store Turn. "
"At this stage, the vast majority of local Chinese banks in Xiangjiang are too busy to take care of themselves. Hengsheng bank is willing to sell, and the situation is good. Of course, the Guo family can go to foreign capital, but their food will only be more ugly."
Gao Xian nodded. "I'm not interested in seizing the Guo family's industry. I just want to fulfill what favorable banks promised when they became the chairman of Xiangjiang Banking Association. The banking industry should help Xiangjiang's company through this round of business crisis."
"I know how to be measured." Yi Huiqiang smiled thoughtfully. "Guo Zhiquan has accepted it wholeheartedly. We are Yong'an company, which cooperates fairly and controls Yong'an department store. We are willing to take out 20% of the shares and seek the assistance of happy group."
Gao Xian reminded: "you have to communicate with uncle about this. Don't let Hengsheng bank have the misunderstanding that we robbed the business."
"Don't worry, we don't touch Yong'an group, the parent company of Yong'an bank." Yi Huiqiang analyzed in a joking tone: "the crisis of Yong'an bank has seriously damaged the banking and insurance business of Yong'an group, leaving only the real estate business, which is barely worth seeing."
"That's it. Just go through the channel of happy investment company for the cooperation between happy group and Yong'an company." Gao Xian waved his hand and paid attention to the document again.
……
After the strong intervention of Hengsheng bank, the scandal of the Guo family's children in Yong'an bank did not induce a crisis that was likely to lead to a chain reaction, and was quickly calmed down again,
Since then, the Xiangjiang banking industry crisis, which is typically characterized by the tide of crowding out, has come to an end. The high string of the whole process leadership response process has also officially submitted a special work report to the Hong Kong government.
It is worth mentioning that this meeting is the most important high-level activity in Xiangjiang before the Spring Festival. All the Hong Kong Governor Youde, the Executive Council of the Hong Kong government, the Legislative Council of the Hong Kong government and various institutions of the Xiangjiang Banking Association attended.
After repeated deliberation, Gao Xian's work report, whether in English or Chinese, was impeccable, and the participants could not find fault.
In the process of Gao Xian's speech, he did not follow the script, but picked out several key points and elaborated them in depth with the nature of improvisation.
First of all, it's natural to show merit. The high string model privately called, that is, the Hong Kong government is responsible for the risk of insolvency of problem banks, and the Xiangjiang banking association is responsible for the crisis response plan for the restructuring of problem banks, which has been proved to be very effective through practice.
Just a few words are enough. Then Gao Xian talked about the root cause of the crisis of problem banks, "Since the banking crisis in the 1960s, the government's regulatory authorities and the banking association have always focused on regulating the agreed interest rate of the banking industry, including the three-tier financial system currently in the buffer period. It is also aimed at solving the problem of disorderly competition in the banking industry through the agreed interest rate."
"However, these measures are not enough. The problems exposed by the banking crisis show that the agreed interest rate can not ensure that banks will always be in a high-quality operation state after obtaining the license, which needs to be standardized by measuring indicators such as capital adequacy ratio and loan deposit ratio."
"I believe that after this period of continuous and in-depth understanding, you should realize that these propositions do not interfere with the free operation of banks, but comply with the development of the times and establish a set of operable quality standards. Just like a soda factory, you have to check the bottle mouth of your own products to see if it is sealed and whether there is air leakage."
In the laughter caused by the joke, Gao Xian slightly observed the look of the people on the seat. Sure enough, the iron and even cruel facts have the most educational and persuasive effect. He really can't find a master who despises or disapproves.
"Before the Spring Festival, the banking association will submit an amendment to the banking ordinance to the government. For the long-term development of Xiangjiang's banking industry, I beg your support." Gao Xian's words finally aroused some whispers among the people on the scene.
The reason is not hard to understand. Whenever there is an economic crisis in Xiangjiang, such as the banking crisis in the 1960s and the stock market boom in the early 1970s, in the face of chicken feathers everywhere, the Hong Kong government will ask Britain for advice, invite senior experts from London for various inspections, and then come up with a revised draft. The spending will not be mentioned. The voice embodied in it will form Its authority is obvious.
Now, in response to the current round of Xiangjiang banking crisis, Gao Xian has quickly put forward a systematic proposition that is more and more widely recognized, which reflects that the local Chinese in Xiangjiang have the ability and wisdom to solve the financial problems that the British think they are best at.
That's the same sentence. Facts can teach people the most. Although people have different reactions, no one dares to jump out and oppose Sir Gao's patient layout at this time.
"What I remind you is that although the banking crisis has been lifted, many companies in the Xiangjiang Industrial and commercial sector have struggled to survive in the business crisis because of the environmental factors such as the stock market downturn, the burst of the real estate bubble, the banking crisis, and so on. At any time, they may fail to repay in time because of the high level of debt, which has resulted in a large number of bank bad debts, triggering silver again. Industry crisis. "
Gao Xian can be said to continue the old saying, "therefore, I propose that although the banking industry can breathe a sigh of relief for the time being, it should not slack off. It should actively understand the financial problems faced by enterprise customers and help them overcome the current difficulties, that is, to help themselves eliminate potential crises!"
Sitting on the executive council seat of the Hong Kong government, Niu Bijian, the Jardine squad, was most afraid to hear the argument that banks such as Gao Xian should actively "help" enterprises with high debt levels. Seeing that Sir Gao's prestige soared through his successful response to the crisis in the banking industry in Hong Kong, he was almost out of breath.
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Soon after Gao Xiangang came to this time and space, he met Yi Huiqiang. After more than ten years of living together, the degree of tacit understanding between them naturally does not need to be described too much.
Therefore, in the dinner party, Yi Huiqiang expressed his views, which reflected some of Gao Xian's intentions. Seeing Sir Gao listening with a smile, others thought the same.
Of course, in this understanding, the understanding that you can't get up early without profit and that you should do things well comes first, but this is too superficial. It is only one of the foreshadowing for Gao Xian to expand his influence to the wider business community at this special stage.
Guo Zhiquan is also a character. No matter how he feels in his heart, the scene is very well said, "thank you for your advice, brother Yi. We'll have tea alone later and continue to listen to your ideas."
So, after the dinner, Guo Zhiquan and Yi Huiqiang left together, while Gao Xian continued to chat with Li Fuzhao for a while.
As the icing on the cake of the merger of the four stock exchanges in Xiangjiang, the Xiangjiang futures exchange founded by Gao Xian will also be incorporated into the system. In this regard, Gao Xian saw its success and did not hinder it. Anyway, the places that should be controlled are firmly in his hands.
In contrast, the merger process of the four stock exchanges in Xiangjiang is too difficult. At present, it is essentially in the joint stage. First, the Far East exchange with the first trading volume and the Kowloon exchange with the fourth trading volume are merged, and the Xiangjiang stock exchange with the second trading volume and the gold and silver exchange with the third trading volume are merged, Hu Hanhui, who founded the gold and silver exchange, served as the chairman of the joint organization. The interest struggle reflected in this can be seen.
One of the main game focuses of the merger of the four Xiangjiang stock exchanges is the issue of membership. As a traditional force in the Xiangjiang securities industry, Xiangjiang stock exchange belongs to vested interests, thinks its membership value is the highest, and is dissatisfied that the interests after the merger have been greatly diluted.
It is no exaggeration to say that Li Fuzhao at this stage belongs to the "Dragon Slayer". The Far East exchange led by him has repeatedly broken through the obstacles carefully set by the forces of Xiangjiang stock exchange. When others saw that the forces of Xiangjiang stock exchange had nothing to say, they followed suit and followed up.
Gao Xian appreciates Li Fuzhao's daring, but he is also vaguely worried about him. Frankly, he may be retaliated at any time. Moreover, Li Fuzhao himself is not impeccable, but the handle has not accumulated enough to threaten his current position.
Everyone is a vassal of one side. They have a lot of things to do on hand. It is rare to have such an opportunity to concentrate on communication at ordinary times. Therefore, Gao Xian kindly reminded them with a few drinks and a warm face: "The merger of the four associations is the general trend. The conservative practices of vested interests are doomed to be eliminated. Li Sheng doesn't need to be the first in everything, so as not to become the gathering point of all accumulated grievances and be retaliated."
"What can I get revenge?" Li Fuzhao smiled indifferently. "I think I still know how to be measured. Like the chairman of the stock exchange, I didn't argue. Let Hu Hanhui be the chairman."
"This is also true. Li Sheng is fully qualified to be the chairman of the stock exchange." Gao Xian agreed with a smile, but sighed for Li Fuzhao's lack of vigilance.
After chatting for a while, they also broke up. Gao Xian returned to his own site and continued to personally sort out the summary report on successfully coping with the trend of squeeze in the Xiangjiang banking industry. This is the first test for the bank to succeed the chairman of the Xiangjiang Banking Association. If you do well, you can't be careless.
After Gao Xian and his "literary courage" deliberated several paragraphs, Yi Huiqiang came leisurely. It seems that he and Guo Zhiquan didn't waste time.
Sure enough, Yi Huiqiang said with a smile, "the Guo family is also an old family, but now it's really a little empty."
"That's not nonsense." Gao Xian replied without raising his head. His family is big and big, and he is afraid of many people. Moreover, not every generation of children can grasp the good opportunities given by the current situation. Otherwise, Guo zhikuang, a core member of the Guo family, won't spend his mind illegally getting a $10 million loan from Yong'an bank.
"Now the Guo family is mainly worried about three things: the control of Yong'an bank, Guo zhikuang's lawsuit and other industries being dragged down." Yi Huiqiang put down his tea cup and continued: "At this juncture, the problem of Yong'an bank can only be solved according to successful experience. Zhengfu and the banking association don't want to create complications. The Guo family can only complain that they hit the muzzle of the gun. The control of Yong'an bank is the price that must be paid."
"Fortunately, whether Guo zhikuang's lawsuit and other industries of the Guo family have been dragged down, there is still room for operation."
After Gao Xian made a mark on the document, he put down his pen, looked up and asked, "in this way, the attitude of the Guo family is still open."
Yi Huiqiang cut, "It's unwise for the children of the Guo family to stick to their ancestral business. In recent years, Xiangjiang retail industry has developed rapidly and people's consumption concept has changed day by day. Although the department store is their strength, the pressure faced by Yong'an department store can not be underestimated. Now there is such a big scandal in Yong'an bank, even if it does not induce a run crisis, it is bound to affect the capital operation of Yong'an department store Turn. "
"At this stage, the vast majority of local Chinese banks in Xiangjiang are too busy to take care of themselves. Hengsheng bank is willing to sell, and the situation is good. Of course, the Guo family can go to foreign capital, but their food will only be more ugly."
Gao Xian nodded. "I'm not interested in seizing the Guo family's industry. I just want to fulfill what favorable banks promised when they became the chairman of Xiangjiang Banking Association. The banking industry should help Xiangjiang's company through this round of business crisis."
"I know how to be measured." Yi Huiqiang smiled thoughtfully. "Guo Zhiquan has accepted it wholeheartedly. We are Yong'an company, which cooperates fairly and controls Yong'an department store. We are willing to take out 20% of the shares and seek the assistance of happy group."
Gao Xian reminded: "you have to communicate with uncle about this. Don't let Hengsheng bank have the misunderstanding that we robbed the business."
"Don't worry, we don't touch Yong'an group, the parent company of Yong'an bank." Yi Huiqiang analyzed in a joking tone: "the crisis of Yong'an bank has seriously damaged the banking and insurance business of Yong'an group, leaving only the real estate business, which is barely worth seeing."
"That's it. Just go through the channel of happy investment company for the cooperation between happy group and Yong'an company." Gao Xian waved his hand and paid attention to the document again.
……
After the strong intervention of Hengsheng bank, the scandal of the Guo family's children in Yong'an bank did not induce a crisis that was likely to lead to a chain reaction, and was quickly calmed down again,
Since then, the Xiangjiang banking industry crisis, which is typically characterized by the tide of crowding out, has come to an end. The high string of the whole process leadership response process has also officially submitted a special work report to the Hong Kong government.
It is worth mentioning that this meeting is the most important high-level activity in Xiangjiang before the Spring Festival. All the Hong Kong Governor Youde, the Executive Council of the Hong Kong government, the Legislative Council of the Hong Kong government and various institutions of the Xiangjiang Banking Association attended.
After repeated deliberation, Gao Xian's work report, whether in English or Chinese, was impeccable, and the participants could not find fault.
In the process of Gao Xian's speech, he did not follow the script, but picked out several key points and elaborated them in depth with the nature of improvisation.
First of all, it's natural to show merit. The high string model privately called, that is, the Hong Kong government is responsible for the risk of insolvency of problem banks, and the Xiangjiang banking association is responsible for the crisis response plan for the restructuring of problem banks, which has been proved to be very effective through practice.
Just a few words are enough. Then Gao Xian talked about the root cause of the crisis of problem banks, "Since the banking crisis in the 1960s, the government's regulatory authorities and the banking association have always focused on regulating the agreed interest rate of the banking industry, including the three-tier financial system currently in the buffer period. It is also aimed at solving the problem of disorderly competition in the banking industry through the agreed interest rate."
"However, these measures are not enough. The problems exposed by the banking crisis show that the agreed interest rate can not ensure that banks will always be in a high-quality operation state after obtaining the license, which needs to be standardized by measuring indicators such as capital adequacy ratio and loan deposit ratio."
"I believe that after this period of continuous and in-depth understanding, you should realize that these propositions do not interfere with the free operation of banks, but comply with the development of the times and establish a set of operable quality standards. Just like a soda factory, you have to check the bottle mouth of your own products to see if it is sealed and whether there is air leakage."
In the laughter caused by the joke, Gao Xian slightly observed the look of the people on the seat. Sure enough, the iron and even cruel facts have the most educational and persuasive effect. He really can't find a master who despises or disapproves.
"Before the Spring Festival, the banking association will submit an amendment to the banking ordinance to the government. For the long-term development of Xiangjiang's banking industry, I beg your support." Gao Xian's words finally aroused some whispers among the people on the scene.
The reason is not hard to understand. Whenever there is an economic crisis in Xiangjiang, such as the banking crisis in the 1960s and the stock market boom in the early 1970s, in the face of chicken feathers everywhere, the Hong Kong government will ask Britain for advice, invite senior experts from London for various inspections, and then come up with a revised draft. The spending will not be mentioned. The voice embodied in it will form Its authority is obvious.
Now, in response to the current round of Xiangjiang banking crisis, Gao Xian has quickly put forward a systematic proposition that is more and more widely recognized, which reflects that the local Chinese in Xiangjiang have the ability and wisdom to solve the financial problems that the British think they are best at.
That's the same sentence. Facts can teach people the most. Although people have different reactions, no one dares to jump out and oppose Sir Gao's patient layout at this time.
"What I remind you is that although the banking crisis has been lifted, many companies in the Xiangjiang Industrial and commercial sector have struggled to survive in the business crisis because of the environmental factors such as the stock market downturn, the burst of the real estate bubble, the banking crisis, and so on. At any time, they may fail to repay in time because of the high level of debt, which has resulted in a large number of bank bad debts, triggering silver again. Industry crisis. "
Gao Xian can be said to continue the old saying, "therefore, I propose that although the banking industry can breathe a sigh of relief for the time being, it should not slack off. It should actively understand the financial problems faced by enterprise customers and help them overcome the current difficulties, that is, to help themselves eliminate potential crises!"
Sitting on the executive council seat of the Hong Kong government, Niu Bijian, the Jardine squad, was most afraid to hear the argument that banks such as Gao Xian should actively "help" enterprises with high debt levels. Seeing that Sir Gao's prestige soared through his successful response to the crisis in the banking industry in Hong Kong, he was almost out of breath.
Soon after Gao Xiangang came to this time and space, he met Yi Huiqiang. After more than ten years of living together, the degree of tacit understanding between them naturally does not need to be described too much.Therefore, in the dinner party, Yi Huiqiang expressed his views, which reflected some of Gao Xian's intentions. Seeing Sir Gao listening with a smile, others thought the same.Of course, in this understanding, the understanding that you can't get up early without profit and that you should do things well comes first, but this is too superficial. It is only one of the foreshadowing for Gao Xian to expand his influence to the wider business community at this special stage.Guo Zhiquan is also a character. No matter how he feels in his heart, the scene is very well said, "thank you for your advice, brother Yi. We'll have tea alone later and continue to listen to your ideas."So, after the dinner, Guo Zhiquan and Yi Huiqiang left together, while Gao Xian continued to chat with Li Fuzhao for a while.As the icing on the cake of the merger of the four stock exchanges in Xiangjiang, the Xiangjiang futures exchange founded by Gao Xian will also be incorporated into the system. In this regard, Gao Xian saw its success and did not hinder it. Anyway, the places that should be controlled are firmly in his hands.In contrast, the merger process of the four stock exchanges in Xiangjiang is too difficult. At present, it is essentially in the joint stage. First, the Far East exchange with the first trading volume and the Kowloon exchange with the fourth trading volume are merged, and the Xiangjiang stock exchange with the second trading volume and the gold and silver exchange with the third trading volume are merged, Hu Hanhui, who founded the gold and silver exchange, served as the chairman of the joint organization. The interest struggle reflected in this can be seen.One of the main game focuses of the merger of the four Xiangjiang stock exchanges is the issue of membership. As a traditional force in the Xiangjiang securities industry, Xiangjiang stock exchange belongs to vested interests, thinks its membership value is the highest, and is dissatisfied that the interests after the merger have been greatly diluted.It is no exaggeration to say that Li Fuzhao at this stage belongs to the "Dragon Slayer". The Far East exchange led by him has repeatedly broken through the obstacles carefully set by the forces of Xiangjiang stock exchange. When others saw that the forces of Xiangjiang stock exchange had nothing to say, they followed suit and followed up.Gao Xian appreciates Li Fuzhao's daring, but he is also vaguely worried about him. Frankly, he may be retaliated at any time. Moreover, Li Fuzhao himself is not impeccable, but the handle has not accumulated enough to threaten his current position.Everyone is a vassal of one side. They have a lot of things to do on hand. It is rare to have such an opportunity to concentrate on communication at ordinary times. Therefore, Gao Xian kindly reminded them with a few drinks and a warm face: "The merger of the four associations is the general trend. The conservative practices of vested interests are doomed to be eliminated. Li Sheng doesn't need to be the first in everything, so as not to become the gathering point of all accumulated grievances and be retaliated.""What can I get revenge?" Li Fuzhao smiled indifferently. "I think I still know how to be measured. Like the chairman of the stock exchange, I didn't argue. Let Hu Hanhui be the chairman.""This is also true. Li Sheng is fully qualified to be the chairman of the stock exchange." Gao Xian agreed with a smile, but sighed for Li Fuzhao's lack of vigilance.After chatting for a while, they also broke up. Gao Xian returned to his own site and continued to personally sort out the summary report on successfully coping with the trend of squeeze in the Xiangjiang banking industry. This is the first test for the bank to succeed the chairman of the Xiangjiang Banking Association. If you do well, you can't be careless.After Gao Xian and his "literary courage" deliberated several paragraphs, Yi Huiqiang came leisurely. It seems that he and Guo Zhiquan didn't waste time.Sure enough, Yi Huiqiang said with a smile, "the Guo family is also an old family, but now it's really a little empty.""That's not nonsense." Gao Xian replied without raising his head. His family is big and big, and he is afraid of many people. Moreover, not every generation of children can grasp the good opportunities given by the current situation. Otherwise, Guo zhikuang, a core member of the Guo family, won't spend his mind illegally getting a $10 million loan from Yong'an bank."Now the Guo family is mainly worried about three things: the control of Yong'an bank, Guo zhikuang's lawsuit and other industries being dragged down." Yi Huiqiang put down his tea cup and continued: "At this juncture, the problem of Yong'an bank can only be solved according to successful experience. Zhengfu and the banking association don't want to create complications. The Guo family can only complain that they hit the muzzle of the gun. The control of Yong'an bank is the price that must be paid.""Fortunately, whether Guo zhikuang's lawsuit and other industries of the Guo family have been dragged down, there is still room for operation."After Gao Xian made a mark on the document, he put down his pen, looked up and asked, "in this way, the attitude of the Guo family is still open."Yi Huiqiang cut, "It's unwise for the children of the Guo family to stick to their ancestral business. In recent years, Xiangjiang retail industry has developed rapidly and people's consumption concept has changed day by day. Although the department store is their strength, the pressure faced by Yong'an department store can not be underestimated. Now there is such a big scandal in Yong'an bank, even if it does not induce a run crisis, it is bound to affect the capital operation of Yong'an department store Turn. ""At this stage, the vast majority of local Chinese banks in Xiangjiang are too busy to take care of themselves. Hengsheng bank is willing to sell, and the situation is good. Of course, the Guo family can go to foreign capital, but their food will only be more ugly."Gao Xian nodded. "I'm not interested in seizing the Guo family's industry. I just want to fulfill what favorable banks promised when they became the chairman of Xiangjiang Banking Association. The banking industry should help Xiangjiang's company through this round of business crisis.""I know how to be measured." Yi Huiqiang smiled thoughtfully. "Guo Zhiquan has accepted it wholeheartedly. We are Yong'an company, which cooperates fairly and controls Yong'an department store. We are willing to take out 20% of the shares and seek the assistance of happy group."Gao Xian reminded: "you have to communicate with uncle about this. Don't let Hengsheng bank have the misunderstanding that we robbed the business.""Don't worry, we don't touch Yong'an group, the parent company of Yong'an bank." Yi Huiqiang analyzed in a joking tone: "the crisis of Yong'an bank has seriously damaged the banking and insurance business of Yong'an group, leaving only the real estate business, which is barely worth seeing.""That's it. Just go through the channel of happy investment company for the cooperation between happy group and Yong'an company." Gao Xian waved his hand and paid attention to the document again.After the strong intervention of Hengsheng bank, the scandal of the Guo family's children in Yong'an bank did not induce a crisis that was likely to lead to a chain reaction, and was quickly calmed down again,Since then, the Xiangjiang banking industry crisis, which is typically characterized by the tide of crowding out, has come to an end. The high string of the whole process leadership response process has also officially submitted a special work report to the Hong Kong government.It is worth mentioning that this meeting is the most important high-level activity in Xiangjiang before the Spring Festival. All the Hong Kong Governor Youde, the Executive Council of the Hong Kong government, the Legislative Council of the Hong Kong government and various institutions of the Xiangjiang Banking Association attended.After repeated deliberation, Gao Xian's work report, whether in English or Chinese, was impeccable, and the participants could not find fault.In the process of Gao Xian's speech, he did not follow the script, but picked out several key points and elaborated them in depth with the nature of improvisation.First of all, it's natural to show merit. The high string model privately called, that is, the Hong Kong government is responsible for the risk of insolvency of problem banks, and the Xiangjiang banking association is responsible for the crisis response plan for the restructuring of problem banks, which has been proved to be very effective through practice.Just a few words are enough. Then Gao Xian talked about the root cause of the crisis of problem banks, "Since the banking crisis in the 1960s, the government's regulatory authorities and the banking association have always focused on regulating the agreed interest rate of the banking industry, including the three-tier financial system currently in the buffer period. It is also aimed at solving the problem of disorderly competition in the banking industry through the agreed interest rate.""However, these measures are not enough. The problems exposed by the banking crisis show that the agreed interest rate can not ensure that banks will always be in a high-quality operation state after obtaining the license, which needs to be standardized by measuring indicators such as capital adequacy ratio and loan deposit ratio.""I believe that after this period of continuous and in-depth understanding, you should realize that these propositions do not interfere with the free operation of banks, but comply with the development of the times and establish a set of operable quality standards. Just like a soda factory, you have to check the bottle mouth of your own products to see if it is sealed and whether there is air leakage."In the laughter caused by the joke, Gao Xian slightly observed the look of the people on the seat. Sure enough, the iron and even cruel facts have the most educational and persuasive effect. He really can't find a master who despises or disapproves."Before the Spring Festival, the banking association will submit an amendment to the banking ordinance to the government. For the long-term development of Xiangjiang's banking industry, I beg your support." Gao Xian's words finally aroused some whispers among the people on the scene.The reason is not hard to understand. Whenever there is an economic crisis in Xiangjiang, such as the banking crisis in the 1960s and the stock market boom in the early 1970s, in the face of chicken feathers everywhere, the Hong Kong government will ask Britain for advice, invite senior experts from London for various inspections, and then come up with a revised draft. The spending will not be mentioned. The voice embodied in it will form Its authority is obvious.Now, in response to the current round of Xiangjiang banking crisis, Gao Xian has quickly put forward a systematic proposition that is more and more widely recognized, which reflects that the local Chinese in Xiangjiang have the ability and wisdom to solve the financial problems that the British think they are best at.That's the same sentence. Facts can teach people the most. Although people have different reactions, no one dares to jump out and oppose Sir Gao's patient layout at this time."What I remind you is that although the banking crisis has been lifted, many companies in the Xiangjiang Industrial and commercial sector have struggled to survive in the business crisis because of the environmental factors such as the stock market downturn, the burst of the real estate bubble, the banking crisis, and so on. At any time, they may fail to repay in time because of the high level of debt, which has resulted in a large number of bank bad debts, triggering silver again. Industry crisis. "Gao Xian can be said to continue the old saying, "therefore, I propose that although the banking industry can breathe a sigh of relief for the time being, it should not slack off. It should actively understand the financial problems faced by enterprise customers and help them overcome the current difficulties, that is, to help themselves eliminate potential crises!"Sitting on the executive council seat of the Hong Kong government, Niu Bijian, the Jardine squad, was most afraid to hear the argument that banks such as Gao Xian should actively "help" enterprises with high debt levels. Seeing that Sir Gao's prestige soared through his successful response to the crisis in the banking industry in Hong Kong, he was almost out of breath.
