Reborn Capital Madman

Chapter 0797 From zero to one period, special cases can be described as the norm

In order to cover up its secret plan to evacuate Hong Kong as much as possible, Hui Feng handed over the settlement account of the Hong Kong banking system in line with its power and obligation. In addition to spitting out a big piece of fat, it also meant that some of its control over the banking industry in Hong Kong was weakened.

control and dominance, and the Exchange Fund's influence on the Hong Kong interbank market has been enhanced.

The outside world is very curious, what is Sir Gao's attitude towards the Exchange Fund Authority, which is responsible for managing the Exchange Fund, "accidentally" getting a burden and a seemingly superior advantage? Is he high-spirited or is he still in trouble?

In fact, Gao Xian's real idea in his heart is not about an alternative. What he values ​​​​is the possible operating space in the future.

Take the Exchange Fund Regulations, the Code of Conduct of the Exchange Fund Authority, which is currently under revision. The minimum duty of the Exchange Fund Authority is to manage the Exchange Fund in Hong Kong, to operate the main body of Hong Kong’s foreign exchange reserves, and to contact a package of international

Within the framework of the currency exchange rate system, Hong Kong dollar currency stability is maintained.

This duty is the central bank’s control over monetary policy, but the things the central bank can control are definitely far more than these. The banking industry, securities industry, insurance industry, etc. all depend on the direction of this baton.

Now, the revision of the "Exchange Fund Regulations" has inevitably included provisions related to the banking industry. This is the possible operating space in the future. Gao Xian, who has finished handling the "responsibility" of the Exchange Fund Administration, will take action.

, the Foreign Exchange Fund Administration's tentacles have extended to the banking industry, which is completely tenable; even when the Exchange Fund Administration becomes more and more powerful and needs to change its name to reflect its status, it is logical.

Of course, in Gao Xian's "initial plan", he had already reserved the "space" for operations that he valued.

For example, one of the main margins between the Exchange Fund and the outside world is the "official exchange rate" with the note-issuing bank. It is currently planned to be 7.8 Hong Kong dollars per US dollar. But this number must be clung to at all times.

Are you going to live there? Even if you encounter a life-and-death situation like the Asian financial crisis, you will still be bullied with a smile on your face?

You must know that at that time, Xiangjiang's rich reserves and financial balance were very good in terms of measurement standards. However, just because they were rich, they were robbed, but because of the so-called absolute freedom rules of the market economy carefully left by the ghosts,

It has become a shackles of faith that must not go beyond the bounds, binding Xiangjiang's hands and feet.

Now, the Hong Kong dollar's implementation of the exchange rate system linked to a basket of international currencies gives Gao Xian, or his approved successors, the operating space to pick up a knife and shoot the jackal when encountering a life-or-death situation.

It is undeniable that this kind of weapon cannot be used easily.

Now, the stability of the Hong Kong dollar is based on the seemingly dead dogma of "7.8", and the main role of linking a basket of international currency exchange rates is reflected in the strength of the upper and lower fluctuation ranges around the number "7.8"

, as long as it crosses the allowed line, it will be resolutely pushed back.

Moreover, Gao Xian is confident that within the first year of implementing the Hong Kong dollar's linkage to a basket of international currency exchange rates, the foreseeable impact of international hot money, even if it is a trouble, will not force him to overturn the table and commit fraud.

The operational "space" of Gao Xian's "initial plan" is not limited to this one. For example, adding other currencies to a basket of international currencies and how to allocate the assets of the Exchange Fund can be cleverly found in the revised "Exchange Fund Regulations".

To put it bluntly, when the international status of the renminbi is really raised, even if Gao Xian introduces it, it will be done according to the rules.

Facing the media that requires sufficient communication during this special period, but it is inevitable that there are too many media that are overwhelming, Gao Xian will definitely not reveal a word of such thoughts, but only smiles bitterly and says, "Being trusted is an honor, and it is even more important."

It’s a kind of pressure, just do things well and have a clear conscience.”

Seeing this scene, the reporters who were best at observing people's emotions and making insinuations immediately understood that Sir Gao's situation was not easy now.

This is true. Judging from the information currently known to the outside world, Sir Gao is mainly responsible for the establishment of the Exchange Fund Administration, which is a top priority. It seems that many people are under the impression that the assets of the Exchange Fund will exceed 30 billion in five years.

The U.S. dollar's military order was frightening, and they had doubts about the position of the Exchange Fund Management Bureau.

I have to admit that the situation grasped by the media is basically true.

Gao Xian does have some overt or hidden rivals in Xiangjiang, but he is not bad at popularity. However, when he invites ghosts with suitable abilities, prestige, status, etc., to serve as the vice president of the Exchange Fund, he often agrees cautiously on the surface.

He would consider it, but secretly thought that Sir Gao was bragging too much and was unwilling to wade into troubled waters.

In fact, the benefits of the Exchange Fund Management Bureau are still very good. Gao Xian was set up and established with reference to the specifications of the Financial Services Department of the Hong Kong Government. For example, after the merger of the Exchange Fund Group and the Exchange Fund Management Department, which were originally affiliated with the Financial Affairs Division,

The benefits of junior employees have been improved by at least one level.

Gao Xian also knew the rules and formally applied to the Hong Kong government. In view of the special nature of the Exchange Fund Administration, the government should send a senior civil servant to serve as the vice president. However, the reaction of the ghost guy in the Hong Kong government was a bit subtle.

It was lukewarm. Except for the representative of the Financial Secretary on the Exchange Fund Committee director list, who was unanimously agreed, the rest were studied first.

This shows that the ghost guys are just watching the joke with cold eyes. Your boasting will fly into the sky. It is estimated that your true colors will be revealed before the five-year term is completed. At that time, we will send our own people to take over the full responsibility in a legitimate and legitimate manner.

It's not too late either.

Gao Xian, who had expected this for a long time, was not surprised, let alone angry. Anyway, in the new establishment period from scratch to one, there are mature precedents that can be copied. Although it is very good, it is also difficult to deal with special cases.

There is nothing wrong with it. If the worst happens, I will do something special.

It is quite necessary to assign a vice president of the Exchange Fund Administration to a representative of the Hong Kong government. Since the ghost civil servant refused to support him, Gao Xian simply chose a Chinese civil servant himself.

Assistant Financial Secretary Yam Chi-kang, who is involved in monetary and financial affairs in the Hong Kong government.

Gao Xian's invitation is very straightforward. Don't talk about ideals and feelings. Let's go straight to personal treatment and development space. You come here to serve as the vice president in charge of monetary policy-related affairs. From your current civil servant level of C-level administrative officer

, which is equivalent to being promoted to a higher level. It is a very rare opportunity for promotion. Compared with those civil servants who still follow the steps, it saves a very obvious time in seniority.

At this point, Gao Xian emphasized that time is tight now, and I can only give you a maximum of ten minutes to consider. If not, I will immediately look for another candidate.

Ren Zhigang only weighed it for two minutes and agreed on the spot. This opportunity not only increased the salary, but also was a once-in-a-lifetime opportunity for training and improvement. Since Sir Gao thinks highly of it, how can I not understand the reason for praise?

Gao Xian nodded with satisfaction, so hurry up and go through the process. Taking advantage of this gap, I will take you to visit the office of the Exchange Fund Administration.

Another sign that the Hong Kong government's ghosts are waiting to see Sir Gao's joke is that the office location of the Exchange Fund Authority must also be "researched".

This must not be difficult for Gao Xian. He is already used to using his personal office on the 26th floor of the People's Bank of China. Therefore, the Foreign Exchange Fund Administration will come to the People's Bank of China to open its office soon. When the assets of the Exchange Fund exceed 30 billion US dollars,

Later, in the name of investment, people were left speechless to build their own headquarters building.

The users of Xinhua People's Bank include Gaoyi, Yili Bank, Gaoxing Investment Company, etc., as well as other companies belonging to "outsiders". The latter are unwilling to move away from this "feng shui treasure land" that has the light of Gao Caishen, and it is not easy to use such as

Eviction measures such as temporarily raising rents can only bring high benefits, and we are happy for these people to free up space.

Fortunately, when the Exchange Fund Administration was established, it was very capable and had one floor of office space, which was sufficient for the time being.

After Ren Zhigang was appointed as the vice president in charge of monetary policy-related affairs, another vice president in charge of bank-related affairs also had a candidate. He was a descendant of Gao Xian from a Chinese family in Hong Kong and the cousin of Li Fuzhao, chairman of the Far East Exchange.

Li Guobao.

Speaking of which, the Li family is full of talented people. It can be called a family of lawyers and a family of banks. Li Guobao is currently working as an executive at Youya Bank, which his family co-founded, and he is very comfortable working there.

At the beginning, Li Guobao was also a little hesitant. What Sir Gao is doing now is really great. It is no exaggeration to describe it, so that they, the children of the same age family, have to stand up high. But Sir Gao's bragging is also too exaggerated.

Well, the goal of tens of billions of dollars in five to three years is not an ordinary level of difficulty.

Gao Xian had nothing to be polite about with Li Guobao. He directly blocked him at his house and took the water handed over by Pan Jincui. After taking two big sips, he said bluntly, I'm busy, so don't do all that nonsense to me.

, just one sentence, come and help me if you can’t get through?

Li Guobao looked at his wife and children and said, "Don't be timid. OK, then it's better to be respectful than to obey."

Only then was Gao Xian satisfied. You didn't come here in vain. Youya Bank must be on the list of directors of the first term of the Exchange Fund Committee.

Li Guobao nodded, I will make arrangements for Youya Bank and report to the Xinhua People's Bank of China tomorrow.

"You think your job is easy, so you have to work overtime tonight." Gao Xian took out the latest version of the revised draft of the "Exchange Fund Regulations" and shook it. "The team of the Exchange Fund Administration has basically taken shape. We must seize the time.

Let’s study this thing again. It is about to be put to the Legislative Council to go through the third reading and approval process. Before that, I don’t want the simple and clear code of conduct to turn into a conspiracy because of lack of consideration.

Tightening curse.”

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