Reborn Capital Madman

Chapter 0371 Control the printing of Hong Kong dollars

The opening ceremony of Gaoxian Industrial Village was scheduled to be held after New Year's Day in 1976. Because its structure was far beyond the Xinhua People's Bank and Royal Building, which were only about the interests of one company, the preparatory work was relatively large.

For example, some industrial people from the United States, Japan, and the United Kingdom will participate in related activities. If the inspection is satisfactory, projects will be settled.

Although emerging economies in Asia such as South Korea, Taiwan, and Singapore have made outstanding achievements in the construction of industrial parks, Xiangjiang also has its own advantages, including long-term low taxes, convenient international free ports, high-level English communication environment, and a unique bridgehead to mainland China. Geographical location, etc. It all depends on how Gao Xian, the business leader, can make the most of his strengths and avoid his weaknesses.

Gao Xian was busy working day and night for Gao Xian Industrial Village, when an incident occurred. The headquarters of the British company Delaru, which had not even had a good Christmas, put down its posture and hurriedly came to the door.

Although Delarue is a listed company on the London Stock Exchange, its scale is average, with only a few thousand employees. Its headquarters is located in Basingstoke, Hampshire, England, a small and not well-known company. Town, if there is anything to do with it, in the "old script" a famous Chinese technology company once located its European headquarters there when it was trying to develop the Western European market through hard work and courage.

However, De La Rue Company has a long history. It was founded as early as 1813. It first printed some newspapers and playing cards for customers. In 1855, it began to print stamps for the United Kingdom. In 1860, it began Print banknotes and gradually take root in the industry.

Britain established a global colonial system in which "the sun never sets", and the Delarue Company must have benefited greatly from it. It expanded its business to the Far East. Starting from the early 1930s, it accepted the government of the Republic of China and the Ministry of Industry and Commerce Bureau of Shang Haiying Concession. , entrusted by the Crown of the British Colony of Hong Kong to print legal tender of various denominations; in the 1950s, the De La Rue Company, which had lost its mainland market, began to accept the entrustment of Wellington Bank and Standard Chartered Bank to print Hong Kong dollars.

Delarue Company's business in the Far East is generally like this. Generally speaking, it still relies on the dividends brought by the British colonial system to do business. Now that the "sun never sets", the empire has collapsed and the British Commonwealth that replaced it cannot hold on. The "Imperial System of Preferences" aimed at safeguarding tariff interests, the UK joining the European Economic Community regardless of whether its younger brother lived or died, the decoupling of the Hong Kong dollar from the pound, etc. Facing the torrent of the times, the vengeful Gao Xian was picked up to show off his authority, and he still I really don't dare to have any temper at all.

After learning that the Hong Kong dollar printing mechanism was going to be changed, the initial reaction of the De La Ru Company headquarters was to think about how to fight back and see if they could use the resources of the British suzerainty to continue to maintain business in Hong Kong as before.

But I don’t know why, but this news seems to have grown legs and is spreading all over the London stock market, dragging down De La Rue’s stock price. The situation is really scary.

After all, investors have a clear mind. The Hong Kong government's withdrawal of funds equivalent to foreign exchange reserves from London and the decoupling of the Hong Kong dollar from the pound indicate that the independence of Hong Kong's financial system is increasing. This is determined by the obvious decline in the strength of the entire United Kingdom. , is also a choice that the Hong Kong government has to make in order to survive. Naturally, British companies cannot enjoy the special dividends of the "sunset never sets" imperial colonial system as they did in the past.

In addition, Delarue is not the only company in the industry. In the UK alone, there is a company called Walder that competes with it.

It is no exaggeration to describe that if Delaru Company loses its Hong Kong dollar printing business in Hong Kong, it will not be as simple as losing one, but it will also help its competitors add one.

Reforming the Hong Kong dollar printing mechanism is also a very important matter. No matter how busy Gao Xian is, he still has to deal with it personally, but there is no need to waste time trying to test each other. He pointed out a few key points directly.

First of all, the current international economic order has undergone drastic changes. The Hong Kong dollar exchange rate was first decoupled from the British pound, then pegged to the US dollar, and now it has become free floating. It can be said that it is passive step by step. Therefore, the Hong Kong government has decided to take the initiative, and reforming the Hong Kong dollar printing mechanism is one of them.

An imperative step.

Secondly, the Hong Kong government holds 51% of the shares, Huifeng Bank, Standard Chartered Bank, and Lee Bank each hold 10% of the shares. This shareholding structure also leaves no room for bargaining.

Now that they have taken the initiative to come to the door, the guys at Delaru Company are naturally mentally prepared to fully accept the Hong Kong dollar printing mechanism reform plan. To take a step back, it is better to still have 19% of the shares than to completely lose this business.

, at least it can give an explanation to the stock market and stabilize the stock price of De Laru Company.

Seeing that the other party compromised wisely, Gao Xian promptly gave him the "candy" that he had prepared long ago. That is, Gao Xian Industrial Village warmly welcomed the reformed Heung Kong Banknote Printing Co., Ltd. to settle there, and a ready-made industrial building was immediately available for use.

Enough to ensure that its annual printing capacity reaches more than 100 million sheets.

In fact, Delarue's business, to be more precise, should be called anti-counterfeiting printing. This includes printing banknotes, and it can also print resident ID cards, passports, driver's licenses and other documents. In countries such as Africa, Southeast Asia, and the Caribbean,

"Small businesses" in the United States, South America and other regions like to outsource such tasks to specialized commercial units like De La Rue.

Now, Gao Xian has agreed to arrange a factory building in Gao Xian Industrial Village for Xiangjiang Banknote Printing Co., Ltd., which is owned by the four forces, on the most favorable terms to create favorable conditions for its subsequent development. It is no less than a stick and a carrot.

The whole team at Delaru Company felt very disappointed and suddenly felt that they had finally taken advantage again. It smelled so good!

In this way, Gao Xian not only achieved the goal of reforming the Hong Kong dollar printing mechanism, but also attracted a London Stock Exchange-listed company to settle in Gao Xian Industrial Village.

After listening to the report, Hong Kong Governor MacLehose, Hong Kong Financial Secretary Xia Dingji, HSBC Vice Chairman Shen Bi and others were a little stunned. You know, those guys in the UK have always been difficult to deal with, and De La Rue is a company that loves to take advantage.

Typical cowhide glue, I didn't expect that Gao Xian would take care of it and submit it obediently.

In this regard, Hong Kong Governor MacLehose and Hong Kong Financial Secretary Xia Dingji are happy to see the results. After all, the extra Hong Kong dollar seigniorage revenue is still quite attractive and worth this operation.

Seeing that Gao Xian had made another great contribution, Shen Bi was secretly jealous, but also vaguely disdainful. You have really joined this circle with enthusiasm, so just wait and fall deeper and deeper.

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