Reborn Capital Madman

The Hong Kong government's abolition of foreign exchange controls, as the name suggests, is not difficult to understand. It means completely abolishing the long-standing pound exchange standard, and bank assets are no longer guaranteed by pounds, etc.

The gold control, which is also planned to be abolished, is a little more complicated to say.

The gold market in Xiangjiang has a long history. Before the British entered the Second World War, it was dominated by the traditional gold and silver trade market. Regardless of the method of transaction, the negotiation of interest, and various settlements, etc., it had its own characteristics.

Its own unique method with outstanding reputation is quite different from the standards and habits of the international market, and is not subject to the control of 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 World War II, the situation in mainland China was turbulent, and a large amount of capital poured into Hong Kong to avoid risks. This resulted in a crazy gold speculation boom.

In order to curb the huge risks in the Hong Kong gold market, the Hong Kong government further strengthened controls and restricted the trading of 99% pure gold, which continues to this day.

At this stage, gold trading in the Xiangjiang Gold and Silver Exchange is almost all gold with a fineness of 94 or 95.

However, in reality, the Hong Kong government's gold controls have begun to be loosened quietly since 1969.

It is not difficult to imagine that the Hong Kong government's gold control gave birth to a franchise to import gold from London, which was jointly controlled by Jardine's Minda, Wheelock's Scotia Investments, and Swiss Capital's Peimins.

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

In fact, a large amount of gold in the 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 Hong Kong gold market more complicated.

At present, the Hong Kong government is forced to liberalize even the foreign exchange market, and this messy gold control no longer needs to exist.

Financial Secretary Xia Dingji was simply worried that excessive speculation in the Hong Kong gold market might jeopardize the adjustment of the Hong Kong dollar, so he thought of adding a one-year buffer period.

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

It has to be said that this is the advantage of having close contacts with Xia Dingji, the Financial Secretary. During the gentle conversation, all kinds of important information can be obtained at one's fingertips, just like a real estate developer knows the land plan in advance.

When talking about the Hong Kong government's fiscal revenue, Gao Xian expressed his opinion: "According to the Governor's policy plan, public expenditures on education, low-rent housing, etc. are bound to increase greatly. The treasury only relies on regular cuts in sources and increases inflows, and I am afraid that the pressure will still be there."

Very big.”

"Let's talk about open source first. As a world-renowned free port, one of the major features of Hong Kong is low taxes. Under such circumstances, any project to increase fiscal revenue will inevitably trigger social backlash, and the procedures required are very cumbersome."

"Let's talk about reducing expenditures. In the past two years, the Colonial Secretary has adjusted the salary system of teachers, nurses and other civil servants, which has caused a lot of complaints. After all, the life pressure of these grassroots workers is actually very high."

"I think it is better for the government to follow the example of the oil-producing countries in the Middle East and establish investment projects similar to sovereign funds to expand financial resources."

"My Gaoyi company has recently established an open-end fund called Redstone Fund. The Financial Secretary may wish to consider participating in it and see how it works."

After listening to Gao Xian's suggestion, Xia Dingji showed a tangled look on his face, because the Hong Kong government had never done this before, and there was no precedent to follow, which meant that the risks were difficult to predict.

"I'll think about it." Xia Dingji, who felt that the conversation was almost done, stood up to leave. Gao Xian did not stop at the club, got in the car and returned to Gao Yi's office.

The Redstone Fund that Gao Xian mentioned to Xia Dingji is one of the latest funds established by Gao Yi. It is very different from the previous Lizhongbao Fund and Anfuda Fund.

To put it simply, it is not difficult for ordinary people to participate in the Tracerole Fund and Anfidelity Fund, while the subscription threshold for the Redstone Fund starts from one million Hong Kong dollars. It is a truly high-end product and is the main project that Gao Xian is personally responsible for.

I plan to really enjoy the addiction of increasing my annual income by at least 20 to 30%.

In the past three years, Gao Xian's hard work and courage have earned him a professional reputation.

After the Redstone Fund project spread in the circle, it reached a scale of HK$100 million in just a few weeks. This was in sharp contrast to the Hong Kong stock market, which was so depressed that people could not even talk about it.

One thing that must be pointed out is that the recognition of the Redstone Fund means that Gao Xian has the support of a large group of powerful people; otherwise, who would easily hand over as little as a few million Hong Kong dollars to Gao Xian to strategize.

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

At present, Xiangjiang has suspended the issuance of bank licenses. The most cost-effective solution is to establish a non-licensed registered deposit-taking institution like Ma Jingxi established Xiangji Finance.

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

The establishment of Gaoyi Financial Company will bring great convenience to Gaoyi's capital flow.

At this point, Gao Xian's digestion steps after successfully taking over the milk company have all been put in place. Gao Xian Group and Gaoyi Company, one industrial and one financial, have become his right-hand man.

With these two major systems in place, the investment projects in the United States will also have to be adjusted accordingly, which requires Gao Xian to go there personally.

Gao Xianzheng was interested in going out for a walk. In fact, he mainly wanted to bring Yi Huirong, who was still in Canada, back to Xiangjiang. It was time to solve his personal problems.

Unexpectedly, Yi Huirong returned to Xiangjiang at this time.

It turns 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: "You two should stop having trouble, get engaged as soon as possible, get married next year, and put my worries to rest."

Gao Xian naturally wanted it, so he immediately took action.

In fact, Gao Xian had already started preparations. On the same day, He Tian, ​​the chairman of Hengsheng Bank, who had an excellent reputation in the industry and was regarded as highly respected, was invited to serve as a matchmaker.

As for other trivial matters, just throw money at it.

Seeing Gao Xian throwing away five million without blinking an eye, Yi Huiqiang couldn't help but exclaimed: "For my little sister, you really spent a lot of money."

Gao Xian smiled slightly, "If you don't spend money now, when will you spend money?"

"It's time to hurry up." Yi Huiqiang rubbed her hands, "I'm looking forward to officially calling you, the youngest tycoon in the Hong Kong business world, my brother-in-law."