Reborn Capital Madman

The two parties exchanged pleasantries at the airport without going into details, and then discussed their schedule in Tokyo.

The gimmick of the Japanese Yen Offshore Financial Center is important and complicated. Just briefings at a bank in Hong Kong and the Economic Office of the Consulate General in Hong Kong will definitely not achieve the effect of communication. The two sides must sit face to face and conduct comprehensive discussions first.

Communicate and then negotiate.

In addition, Sir Gao went to Tokyo this time to meet with Prime Minister Yasuhiro Nakasone, which is also the appropriate meaning of the title.

After arriving at the hotel, Gao Xian thoughtfully told Yi Huirong, "You can take the children to have fun in Tokyo without having to deal with all kinds of social activities. If the time here drags on for a long time, you can go first."

Walk."

Yi Huirong was also considerate of her husband, "It doesn't matter. When we need to accompany you, Jiacheng, Jiaming and Jiayuan are not stage frightened. Our children have long been trained by various formal scenes, so there will be no trouble."

Gao Xian nodded happily, "As long as you don't feel tired."

After a round of socializing, Gao Xian keenly felt the official attitude of Ippon. That is, although the elites of Ippon had differences between conservative and proactive opinions on the internationalization of the yen, the latter had the upper hand and realized that

We cannot afford to delay, and the charter is being studied through various bodies such as various relevant committees.

In this context, Gao Xian's decision to abandon Xiangjiang and become the yen's offshore financial center seems to be a perfect assist for the latter to suppress the former - look at this objective evidence, the yen is becoming more and more recognized. Internationalization is inevitable

!

The Tibetan Minister Takeshita Tomo praised in a book: "Sir Gao really has a sharp eye and is very aware of international trends."

"This is the responsibility of being the president of the Hong Kong Exchange Fund Authority." Sitting among a group of "old brothers" in their 50s and 60s, Sir Gao must show respect for the elderly and care for the young. "Heungkong Exchange Fund Authority"

Since its establishment, it has been supported by the Hong Kong dollar and yen swap agreement, so it should look for opportunities to reciprocate, such as Hong Kong becoming a Japanese yen offshore financial center."

Having said this, Gao Xian once again emphasized his straightforward attitude, "If the Gao Bank Group is the first to obtain the qualifications to operate business in the Japanese yen offshore market that is about to be established, it will be considered both public and private.

arrive."

This is where Gao Xian's brilliance lies. When a person reaches a certain level, everything is fine. He wants to pursue some ideals and realize some ambitions, but this does not mean that he is completely unselfish.

Now Sir Gao is at peace with you!

Everyone present laughed, obviously very impressed by Sir Yong Gao's frankness.

Takeshita asked: "I can feel that Sir Gao has a strong desire to expand the scale of the Hong Kong dollar and yen swap agreement. I wonder how much you want to increase on the basis of the original 100 billion yen?"

Gao Xian answered ambitiously, "Hong Kong has all the advantages of becoming an offshore financial center for Japanese yen. I believe that on this platform, the size of the Hong Kong dollar-yen swap agreement in 1985 will be at least one trillion yen."

above."

Satoshi Sumita, president of Ippon Bank, raised his eyebrows and said, "Does Sir Gao know what Ippon's foreign exchange reserves are?"

Gao Xian replied casually: "As far as I know, if gold reserves are not included, the foreign exchange reserves of one currency should be more than 26 billion US dollars."

Satoshi Sumita quickly asked, "I would like to take the liberty of asking Sir Gao again, how much reserves does the Hong Kong Exchange Fund have?"

"In terms of the scale of foreign exchange reserves, I believe that Hong Kong will soon surpass Singapore and enter the top ten in the world." Gao Xian answered cleverly and circuitously: "I think that the current scale of Hong Kong's foreign exchange reserves is

There are no constraints.”

"You must know that the degree of freedom of Xiangjiang's capital market is rarely matched in the world, which is full of huge attraction for international capital."

"I have a conservative estimate here. The current daily turnover of the Hong Kong foreign exchange market is more than 10 billion US dollars, which is enough to rank among the top ten in the world."

"You must have seen that this year's 100 billion yen Hong Kong dollar and yen swap agreement has been almost exhausted even if it is used sparingly."

"There is no doubt that in the Hong Kong foreign exchange market, if the yen's proportion of transactions can be increased, it will promote the internationalization of the yen."

Satoshi Sumita pondered: "Even so, the size of the Hong Kong dollar and yen swap agreement mentioned by Sir Gao, which is at least one trillion yen, is still somewhat radical. If market speculation gets out of control, a large amount of yen will flow back."

Domestically, the negative impact on interest rates and inflation cannot be ignored."

Gao Xian smiled slightly, "In addition to the ever-changing digestion capacity of the Hong Kong foreign exchange market, I wonder if the Hong Kong Exchange Fund would be happy to see an increase in the proportion of the Japanese yen in the Hong Kong dollar-linked package of international monetary mechanisms?"

Speaking of this, Gao Xianhui paid compliments without hesitation, "In addition, I believe that with the wisdom of everyone here, the establishment of the Japanese yen offshore market will be completed soon, and it will be enough to prevent the Japanese yen offshore market from affecting a domestic company.

impact risk.”

Satoshi Sumita did not continue the debate, because on the one hand, Sir Gao's argument was reasonable, and on the other hand, his term as president of Ippon Bank will end in December this year, and he will be replaced by Yasu Mieye, the vice president of Ippip Bank next to him.

Of course, this kind of concern is what people should really worry about. It won't be long before they are out of place, so naturally they won't pursue their political goals.

In fact, Sumita Satoshi's concerns are quite necessary. Issues such as the internationalization of the Japanese yen and the Japanese yen offshore financial market are really very involved and too complicated.

To take the simplest and easiest-to-understand example, the original and most powerful driving force of the foreign exchange market comes from arbitrage and arbitrage, and the internationalization of the Japanese yen naturally hopes that the Japanese yen will be used more correctly, such as becoming a loan and entering the real economy.

Instead of all becoming ammunition for speculation.

If the ratio between these two categories is seriously imbalanced and the latter has the absolute upper hand, the company will face huge financial risks.

There are always similarities in history. In the "old script", after the Eastern powers became the second largest economy in the world a few decades later, currency internationalization has also become a general trend. The various problems faced can be discovered from a book from this period.

lesson.

After several rounds of discussions between Gao Xian, Takeshita Noboru, Sumita Satoshi and others, Takeshita Noboru finally gave a suggestion, "Sir Gao, let's first increase the size of the Hong Kong dollar and yen swap agreement in 1985 to three.

Hundreds of billions of yen, and on this basis, we will explore the issue of Hong Kong becoming a Japanese yen offshore financial center."

"Let me give you the bottom line. Within a few months, the charter for the establishment of the Japanese yen offshore market will be completed. By then there will be policy guidance. The scale of the Hong Kong dollar and yen swap agreement in 1985 will also be expanded.

Good operation.”

"During this process, I hope that Sir Gao can become a consultant, communicate more with Tokyo, and provide insights for the internationalization of the yen and the offshore yen market."

"Okay, then let's move on to the next stage." Gao Xian was very cheerful. In fact, he valued the "consultant" mentioned by Noboru Takeshita more, because it can be closer to games like the Plaza Accord in "Old Script"

At the core layer, key internal information can be obtained in a timely manner.