Reborn Capital Madman

Chapter 0914 Hong Kong's foreign exchange reserves enter the world's top ten

The attitude of "don't ask, I just make a little profit" is naturally the principle that Gao Xian strictly formulated for the Gao Consortium. In addition to the simplest "wealth is not revealed", the main reason is that the "platform agreement" is too deep.

In name, the promoters and promoters of the "Platform Agreement" are the Ministry of Finance and Central Banks of the five industrial countries. But in fact, the central banks of the five industrial countries are far lower-key than the Ministry of Finance of their own countries. The Ministry of Finance of the five industrial countries is the main characters of the Ministry of Finance and the Ministry of Finance of the United States.

More specifically, the people who are currently cheering for the "Platform Agreement" are officials represented by US Finance Minister James Baker; while Taoist Minister Takeshita emphasized in public that the "Stable Exchange Rate Agreement" voluntarily.

The positive significance of this statement from Takeshita is that Yiben is so powerful that he has finally begun to participate in the formulation of international monetary policies.

But in fact, people with discerning eyes know what's going on. Manipulating exchange rates is manipulating exchange rates. The central bank is professional and letting the Ministry of Finance, which is more powerful, be ahead. In this game that cannot stand up to careful consideration, it is better for participants to be low-key. Just follow and get some benefits quietly. Don't be uncomfortable and grab the limelight of the protagonist - the United States and Japan. Be careful of Wall Street being so sad. Damn, it actually makes more money than we do, so before starting a trial, you should first take out your first bird and practice.

Therefore, when Shen Bi, a senior member of Huifeng, came to investigate the situation, Sir Gao also had the same attitude, "Well, there is something happening, Gao Yi did make a little profit."

"It seems that the problem of 'making a little profit' was spread from you!" Shen Bi was very unhappy, so he showed the information conveyed by John Shi, "The Gao family consortium has made more than a little profit. Why did I hear that the Gao family consortium is seeking to acquire Xiangjiang Dadong Telecom and Xiangjiang Telephone Company, which are assets worth hundreds of billions of Hong Kong dollars."

"Sir Shen Bi is indeed well-informed." Sir Gao laughed, "It is indeed true that this is happening, but this operation is not for the purpose of commercial expansion. Let's first look at the end of the Dadong Telegraph Company in London. If it is feasible, detailed information will be disclosed to the public."

Gao Xian deliberately aggravated his tone in the sentence "But this operation is not for commercial expansion purposes", and Shen Bi could naturally hear the subtext.

To put it bluntly, everyone is smart, and their concerns are nothing more than that, once the original dominance is lost or the balance is broken, a war will occur.

The Gao Consortium not for the purpose of commercial expansion, it acquired Xiangjiang Dadong Telecom and Xiangjiang Telephone Company. If feasible, there will be an explanation without over-interpretation.

Shen Bi was silent for a while, and finally thought about it. Gao Xian felt that the answer was very frank, and there was still a logical trap. Even if the Gao family consortium wanted to acquire Xiangjiang Dadong Telecom and Xiangjiang Telephone Company, it was not for the purpose of commercial expansion, but this only showed that the Gao family consortium temporarily held down its ambition to expand its business. The problem of "don't ask, just make a little profit" has not changed at all, and it has not ruled out the possibility of coveting Huifeng in the future.

After quickly sorting out the clues, Shen Bi switched to a topic, "Sir Gao, how is the situation of the foreign exchange fund? Did you make a little profit?"

Chen Bi followed suit and also emphasized his tone on the prominent sentences. Did the foreign exchange fund "make a little"?
You should know that the Xiangjiang Foreign Exchange Fund Administration is a legally independent operating institution in Xiangjiang. It is born with public attributes and the information it should be disclosed sooner or later.
"Well, the foreign exchange fund did make a little profit." Sir Gao's answer started with this sentence, and Chen Bi almost couldn't help but jump up.
However, Sir Gao quickly continued to say, "This year, in the foreign exchange fund's package of international currencies, I have increased the proportion of the yen a little. In addition, the foreign exchange fund hired investment banks including Gao Yi to manage professional investment value-added businesses. The benefits are expected to reach US$13 billion by the end of the first quarter of next year."
"One Hundred and Thirty Billions?" Chen Bi took a breath of air on the spot, feeling a little toothache, because this level is enough to be included in the top ten global foreign exchange reserve list.
It is necessary to make it clear that in this period, there must be many areas that need to be improved and improved in terms of economic data statistics.
One reason is that it is still in the Cold War period, and the world is divided into Eastern and Western camps, with limited globalization, and the overall environment of international standardized exchanges, economic data statistics, etc. also needs to be improved.
The second reason is that when the British didn't realize they were going to return the Hong Kong River, they didn't care much, and even deliberately pressed down, just to take the advantage of information asymmetry into their own hands.
The third reason was that in September 1983, the Hong Kong dollar crisis broke out, and Sir Gao took advantage of the situation to form the Xiangjiang Foreign Exchange Fund Administration. The data statistics at that time and for a period of time were enough to let the counterpart Hong Kong Government Finance Department know, and it was impossible to disclose it to the public casually. The reason was obvious. Speculators were still eyeing it. They showed their trump card, afraid that the invitation of the King of Hell would come slowly?
However, as a senior member of Huifeng, Chen Bi must have a clear understanding of the important confidential economic data of Xiangjiang.
When Sir Gao became the president of the Xiangjiang Foreign Exchange Fund Administration, the Xiangjiang Foreign Exchange Fund's capital was only 500 billion US dollars; in the first year with the first goal of stabilizing the Hong Kong dollar exchange rate, the Xiangjiang Foreign Exchange Fund's capital rose by more than one billion US dollars, but this may not be all about Sir Gao's achievements. It may be the dividends driven by the progress of the Xiangjiang economy system.
The situation is clear now. Sir Gao personally confirmed that at the end of the first quarter of next year, the asset size of the Xiangjiang Foreign Exchange Fund should reach US$13 billion, which means it has almost doubled compared to when he was in office.
Further, at this amazing value-added rate, after Sir Gao's first five-year term as president of the Xiangjiang Foreign Exchange Fund Administration ended, the Xiangjiang Foreign Exchange Fund's asset size reached a military order of US$30 billion, which is no longer a suspense.
All such almost impossible goals have been accomplished. Isn’t it natural for Sir Gao to usher in his second five-year term?
Chen Bi's mind was spinning rapidly, and for a moment, he thought a lot. Suddenly, he was discouraged again because he suddenly realized that Sir Gao's first five-year term as president of the Xiangjiang Foreign Exchange Fund Administration was not over yet, and he was about to retire from the position of Huifeng's senior class.

"Does Tuxian know about the achievements made by the Foreign Exchange Fund Administration under Sir Gao?" Chen Bi asked weakly.
"Before I have time to communicate with the Finance Department." Sir Gao shrugged, "Isn't this? Sir Chen Bi, you ask first."
Seeing Sir Gao's calm appearance, Chen Bi gritted his teeth and could not be discouraged. He had not retired yet, so he should do his best to do his job in his position, find ways to suppress Gao Xian and eliminate hidden dangers for Huifeng as much as possible.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like