Reborn Capital Madman

Yihe and the others were restless. An unexpected incident that seemed to divert Gao Xian and Gao Yi's attention made them temporarily relieved.

On August 12, Mexican Finance Minister Jesus Flores announced that Mexico was unable to repay its maturing debt, and subsequently took a series of actions, including closing the foreign exchange market.

To put it bluntly, the Mexican government has suspended its obligation to repay its debt on time, which is a sovereign debt crisis.

The significance of this news to Hong Kong, an international financial center, is that, first of all, Gao Xian, who has been organizing various seminars in recent months to analyze the international financial situation, found that the gray rhinoceros has really arrived, and his level and vision have shown

After coming out, many participants couldn't help but feel uplifted and proud. To sum up in a common saying, they had the material to brag and pretend to be Boi.

Objectively speaking, although sovereign debt crises are uncommon, they are not unfamiliar to capital circles. In the past decade or so, countries such as Turkey and Peru have experienced such situations.

Even the United States is no exception. In 1971, the Nixon administration announced that it would stop fulfilling its obligation to exchange U.S. dollars for gold under the Bretton Woods system, which was also a sovereign breach of contract.

However, capital players, represented by Citibank, vigorously advocated that the country would never go bankrupt, attracting countless believers, so much so that even they believed it, and Gao Xian's early research activities were reduced to a small-scale armchair theory.

Research, it is even considered that if you have too much money, you will have nothing to do but to gain fame and reputation.

Now, Gao Xian's analysis has come true, and since then, the papers he published before, the speeches he gave and other related materials have become meat and potatoes, being collected and eagerly cited.

Faced with the reporter's impatient interview, Gao Xian gave his own opinion, "According to Gao Yi's research results, the debt of various Latin American economies to commercial banks has increased at an alarming rate in the past ten years. In 1975, it was seven

Fifteen billion US dollars, this year is about 300 billion US dollars, equivalent to 50% of the chicken fart in the region; and the scale of debt repayment, including interest payments and principal repayments, is growing at an even more alarming rate.

It was US$12 billion in 1975, and this year it is about US$66 billion."

"Under such circumstances, Mexico's suspension of its debt repayment obligations is just the beginning. The sovereign debt crisis in Latin America will soon spread like falling dominoes."

When participating in capital and business circle events such as the Hong Kong Banking Association, Gao Xian put it more clearly, "The cause of the outbreak of the Mexican sovereign debt crisis was the Fed's iron-fisted interest rate hikes, which led to pressure on the appreciation of the U.S. dollar."

"Therefore, although Latin America and Hong Kong are separated by the vast Pacific Ocean and are far apart, Hong Kong has become an international financial center. The floating exchange rate between the Hong Kong dollar and the US dollar cannot really have any impact."

Speaking of this, Gao Xian gave an example, "Similar to the large amounts of funds of many European and American international commercial banks, which are mired in the inability of various economies in Latin America to repay their debts, the Hong Kong banking industry has been deeply dragged down by the collapse of the real estate industry.

Another Jianing appears."

"For example, Jardine Matheson, for example, borrowed tens of billions of Hong Kong dollars from a lending alliance composed of banks such as Huifeng, Standard Chartered, and Yihe at the beginning of this year just for the purpose of building the new Central Land King. Now that the real estate industry has collapsed and the interest rates in the banking industry are so high, Jardine Matheson can really

Can you bear it?"

Sitting in the banquet, Niu Bijian, the senior classmate of Yihe, almost fainted with fear after hearing Sir Gao's words. He originally thought that Gao Xian would be proud of his success in researching the international financial situation and steal the limelight. I temporarily forgot about the issue with Yihe, but I didn't expect that he would just call his name directly in front of the public.

During this period, there are more and more so-called social activities in Hong Kong's business and capital circles. Because British Prime Minister Margaret Thatcher will officially visit China next month and discuss the future of Hong Kong, everyone is concerned about any disturbance. , for fear of missing even a little bit of movement.

There is no doubt that the future of Xiangjiang will have a profound impact on Xiangjiang's economic activities. Coupled with the current international financial situation being so bad, companies in Xiangjiang will inevitably usher in a "cold winter."

Under such circumstances, no matter how hard Jardine tries to deny that there are no problems with its operations, it still gives people a feeling of weakness. After all, the scale of its debt and the lice on its bald head are obvious.

At this time, who dares to ignore Gao Xian's "unreasonable advice"? Shen Bi, the senior manager of Huifeng Bank, went to Sir Gao several times for in-depth discussions.

British Prime Minister Margaret Thatcher will officially visit China next month. At this time, Hong Kong's traditional British capital giants like Huifeng and Jardine have also begun to mobilize their energy to express their demands and coerce some Xiangjiang Chinese capital. It represents the purpose of building momentum and putting pressure on Yanjing, which is what the title should mean.

However, even for Huifeng Bank's senior class, the opportunity to talk to Sir Gao was very precious, and Shen Bi did not want to waste time.

At this stage, Huifeng Bank is facing two thorny problems.

The first thorny issue is that Duoli is deeply involved in the Jianning business fraud scandal.

You must know that Huoduoli, Gaoyi, Yifu, and Baoyuan are called the four major investment banks in Hong Kong by the media. This shows that their status in the industry is very important. There is no doubt about their professionalism, but they chose Huoduoli as a financial consultant. Jianing, after such a big problem, Huo Duoli wants to pretend to be innocent, can anyone believe it?

Huifeng Bank is still reluctant to sacrifice its fortunes to protect its handsome boss. If it does so, the results of Huifeng Bank's hard work in the investment banking field for more than ten years will be reduced to zero. Shen Bi will be responsible for this. I can't bear this responsibility.

Therefore, Huifeng Bank secretly influenced the relevant departments of the Hong Kong government to investigate the Jiani commercial fraud case, and at the same time sought to reach a private settlement with the victims of the Jiani commercial fraud case who wanted to claim compensation.

The second thorny issue involves the successful implementation of Huifeng Bank’s “three benches” strategy for international business in North America, Shen Bi’s masterpiece.

The reason why SITC Bank of the United States was 100% acquired by Huifeng Bank was not because SITC Bank was not operating well and suffered serious losses, and it wanted Huifeng Bank to provide blood for itself.

Now, with the outbreak of the sovereign debt crisis in Latin America, SITC Bank, like other American and European commercial banks, cannot recover a large number of loans, let alone turning losses into profits. If Huifeng Bank does not inject blood, SITC Bank will be finished.

Huifeng Bank's acquisition of SITC Bank in the United States is like buying a father. If you dare to cut off the payment, all the previous efforts will be in vain.

Shen Bi looked at the yet-to-be-built Huifeng Bank's new headquarters in the distance, costing one billion US dollars, and then thought about the unsatisfactory "son" of Duoli, and the "father" of the American SITC Bank who wanted alimony. , Worry, the landlord’s family has no food left!

Therefore, Shen Bi became more and more concerned about Yihe's ability to repay debts, especially after listening to Gao Xian's well-founded analysis.