Reborn Capital Madman

From the end of the Hong Kong Legislative Council meeting at noon on October 8, to Monday, October 10, when the exchange rate system of the Hong Kong dollar linked to a basket of international currencies is officially implemented, there is still one and a half days, which can be regarded as a buffer period acceptable to all parties.

, and at the same time, it also gave the Exchange Fund Management Authority some relief.

Even though the Hong Kong foreign exchange market closed at noon, the exchange rate of the Hong Kong dollar against the US dollar fell back to 8.08, which gave a feedback that greatly increased confidence, but we really cannot be blindly optimistic.

As the saying goes, people are unpredictable, especially driven by capital's pursuit of profits. Based on experience, I bet that there will be loopholes to exploit in the early stages of the implementation of the exchange rate system of linking the Hong Kong dollar to a basket of international currencies. There must be many people there.

The exchange rate system of linking the Hong Kong dollar to a basket of international currencies itself uses the speculative psychology of the foreign exchange market to stabilize the Hong Kong dollar. However, speculation that exploits loopholes cannot be said to be a help.

After the Legislative Council meeting of the Hong Kong government has passed, the Exchange Fund Administration can start its work legitimately. The landmark unveiling ceremony is scheduled for next Monday when the Hong Kong government's linked basket of international currency exchange rate systems will officially come into operation.

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According to the division of labor that has been determined, the two vice presidents of the Exchange Fund Administration, Ren Zhigang, are responsible for currency-related affairs, and Li Guobao is responsible for bank-related tasks. Each of them is assisted by a support team including assistant presidents to go about their specific work.

As for Gao Xian, the CEO of the Exchange Fund, while he is in charge of the overall situation, he also has a very specific job, and it is extremely important, and that is the Exchange Fund's "plan to make a fortune."

After all, Sir Gao promised that the Exchange Fund's asset size would exceed US$30 billion in five years, and he would not be able to achieve it easily by just waiting.

To this end, Gao Xian, who had already planned, established the Xiangjiang Development Investment Fund specifically to help increase the value of the Exchange Fund's assets, using the information asymmetry advantage Gao Xian had in a larger pattern.

In addition to its own asset management team, Heung Kong Development Investment Fund will also hire third-party professional investment institutions from outside, such as Gaoyi, which is definitely among them.

However, in order to try to dispel the doubts about Gao Xian's possible favoritism, Heung Kong Development Investment Fund really needs to carefully consider the specific work procedures.

Fortunately, when the Exchange Fund issues bills and bonds, the recognized trading institutions are basically qualified to be the fund managers of the Heung Kong Development Investment Fund, which can help screen and determine the qualifications of fund managers, saving a lot of effort.

Of course, Gao Yi, who is a direct descendant, is Gao Xian’s most trusted and most comfortable royal fund manager. Most of the unspeakable money-making plans can only be understood by Gao Yi and Gao Yi’s controllable people.

Agent, to implement it concretely.

The Heung Kong Development Investment Fund is a big move, and it is absolutely necessary to spread the word to the outside world and meet the so-called transparency. As a result, it is only Sunday, and various reactions can’t wait to be expressed through the media.

The most common reaction is, that's it. As expected, Sir Gao issued a military order. Five years later, the asset size of the Exchange Fund increased from several billion US dollars now to more than 30 billion US dollars. For such an unreachable goal

, his first priority after taking office is, of course, to find ways to help the Exchange Fund make money.

This kind of reaction is not malicious at all, but there is an association with ulterior motives. The Exchange Fund Administration under the leadership of Gao Xian established the Hong Kong Development Investment Fund. Gao Yi will definitely become the biggest beneficiary. No wonder he is so active in managing foreign exchange.

fund.

There is also a reaction with the flavor of "involution", which is quite interesting. Gao Caishen's outstanding ability to make money is widely recognized. Gao Caishen and Gaoyi are clear examples of success. Now he has a background of government resources.

When the Heung Kong Development Investment Fund appears, isn't it trying to compete with everyone for business and profits?

In short, the Heung Kong Development Investment Fund’s first public announcement not only received enthusiastic response from the outside world, but also seemed impatient, which can be said to have earned a lot of attention.

Gao Xian must be very satisfied with this effect, and the Xiangjiang Development Investment Fund must be launched to be passed down as the achievements of his tenure.

You must know that for the Exchange Fund Administration, Gao Xian is the founder. The series of rules and structures he created are the behavioral guidelines for latecomers, and no one can add sand to them.

The "development" in the name of Heung Kong Development Investment Fund is not added casually. It represents its ultimate mission. The surplus can be used to plan the long-term development of Heung Kong.

This is one of the direct benefits that Gao Xian's management of the Exchange Fund has brought to everyone, especially the general public. Is there any justice in not supporting him?

In response to this enthusiastic response from the outside world, the Exchange Fund Information Center gave a reply. Please be patient. Tomorrow, after the official unveiling of the Exchange Fund Authority, a press conference will be held. Sir Gao will answer all the questions. Anyway, it will whet your appetite.

Enough.

Gao Xian will definitely not disrupt his normal work arrangements because of these disturbances. In addition to the Hong Kong Development Investment Fund, he also has a very important overseas visit plan.

Since the Hong Kong dollar adopts a system that links the exchange rate of a basket of international currencies, the corresponding financial management institutions of these international currencies, as well as the terminals of the International Monetary Fund, must pay homage as soon as possible, and at least establish a currency swap agreement to allow Hong Kong Foreign Exchange

The fund's foreign exchange reserve positions in multiple international currencies have become sufficient.

This matter is quite troublesome. The Hong Kong government was really busy for a while when it switched from the Hong Kong dollar to the pound sterling to the US dollar.

In addition to negotiations, Gao Xian also has to give speeches to introduce the new Hong Kong Exchange Fund Administration to the world, as well as its significance to the construction and consolidation of the Hong Kong International Financial Center, etc. Under the high profile, the work pressure is not small.

In the afternoon, Alan Greenspan, the former chairman of the U.S. Council of Economic Advisers, rushed to Hong Kong from the United States because he had accepted Gao Xian's invitation to serve as a consultant to the Exchange Fund Administration, and the scene of the unveiling ceremony of the Exchange Fund Administration was

, I really can’t leave him out.

Although Alan Greenspan has left the White House for many years, thanks to his good management, the reputation of the academic community is increasing day by day. It is not an exaggeration to describe it as red-hot. In addition, he helped the Reagan administration solve problems such as

The U.S. social security system is on the verge of collapse, and has been trusted again by the peanut stew side.

In Gao Xian's view, when the White House can no longer tolerate the Fed's seemingly all-out monetary tightening policy, Alan Greenspan, a fellow party member, is the perfect candidate to be promoted.

By then, Gao Xian's "investment" in Alan Greenspan will be recouped.

Of course, no one understood Gao Xian's unfathomable thoughts at this time. They only thought that Alan Greenspan was brought in by Sir Gao to show off, and during the previous research stage of the improved currency board system, Alan

·Greenspan is also a consultant, so no matter how close the two are, it is perfectly normal.