Reborn Capital Madman

When things like money suddenly appear in abundance, they will inevitably attract jealousy and lead to all kinds of troubles.

This widening gap in social wealth distribution has led to intensified conflicts between social classes. As long as you are careful, you can still see it even across the huge gap in time and space.

For example, last year's Hong Kong film "Police Story" not only made a lot of money at the box office, but also won a lot of awards. It can be said that it has achieved both fame and fortune. In addition to benefiting from the wonderful fighting scenes and strong cast, it is also inseparable from the current social psychology.

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The cynicism about the bureaucracy of the Hong Kong Royal Police can be seen everywhere in the movie, and in the ending part, Chu Yuan plays a sinister drug lord who disguises himself as a rich man, and Liu Chi Wing plays a sanctimonious lawyer who defends the police regardless of whether he is good or evil.

, Charlie Cao played the role of a vicious and nefarious dog-headed military advisor who was beaten violently by the protagonist’s fist. Although it was a little superfluous, it triggered a roar of applause in the theater. It is not difficult to understand what kind of social group psychology it reflects.

Don't underestimate the accumulation of social contradictions. If people with ulterior motives deliberately provoke and guide them, they can make the great reds and purples dim in the near future, but can sow deep-rooted estrangements in the long run.

Gao Xian took the initiative to use the program "Exploring the Secrets of the Foreign Exchange Administration, Talking to Sir Gao, and Connecting with Sir Gao" to eliminate as much as possible the hidden dangers of public opinion on the sudden increase in financial resources of the Hong Kong Exchange Fund Administration, and to make a difference with the broadest middle and lower classes of Hong Kong society.

The posture of having interests united means that the forces he needs to concentrate on dealing with are precisely those stumbling blocks that have no intention of the long-term development of Hong Kong and do all the bad things but want to reap the benefits.

Although those ghosts and scoundrels who deliberately dug a hole for Hong Kong saw the potential of Hong Kong's rich man Gao Xian to regulate the operation of the Hong Kong government during the transitional period of Hong Kong, they were unable to take action for a while because the Queen of England wanted to

When visiting East Asia, Xiangjiang is the last stop. With this huge face-saving project, the majority of the ghosts have reached a consensus, that is, the situation is stable and no mistakes should be made.

As for other games, including those in the business world, it is even more important to stay away from the limelight after the interview program "Exploring the Secrets of the State Administration of Foreign Exchange, Conversing with Sir Gao, and Connecting with Sir Gao" caused a sensation.

To give you a casual example, the "little ambiguity" between the Heung Kong United Exchange and the Heung Kong Futures Exchange ended with the former lowering its stance.

Because the Hong Kong Stock Exchange is more or less aware of it, the Hong Kong government has transferred the powers of the Hong Kong Banking Supervision and the Hong Kong Securities Supervision to the Hong Kong Exchange Fund Authority and established the Hong Kong Monetary Authority. It is on the agenda. If it were not for the high

The Jazz was still "modest" in retrospect, and the Hong Kong Securities Supervisory Authority would rush ahead of the Hong Kong Banking Supervision Authority to satisfy the Hong Kong Exchange Fund Management Bureau's appetite for upgrading.

Nowadays, the Hong Kong Exchange Fund Management Bureau is in charge of the top ten foreign exchange reserves in the world. It has unparalleled authority. If it really has to "take it with a smile", the supervision of the securities industry in Xiangjiang will definitely not be able to delay the supervision of the banking industry in Xiangjiang. After all, the latter has Hui Feng secretly

Hands and feet.

It would be embarrassing if the Hong Kong Stock Exchange had to wait until the supervision of the Hong Kong Securities Industry was transferred to the Hong Kong Exchange Fund Management Bureau before the Hong Kong Stock Exchange compromised with the Hong Kong Futures Exchange.

To this end, Li Fook-chiu, chairman of the Heung Kong United Exchange, specially hosted a banquet to invite Sir Gao, the founder and former chairman of the Heung Kong Futures Exchange, to clear up the "misunderstanding" at the dinner table.

The "little awkwardness" between the Heung Kong United Exchange and the Heung Kong Futures Exchange is mainly reflected in the Hang Seng Index futures. Many people in the Heung Kong United Exchange believe that the Heung Kong Futures Exchange has taken away their own business by engaging in Hang Seng Index futures.

; The Heung Kong Futures Exchange followed Gao Xian's instructions and asked the Heung Kong United Exchange to add a "circuit breaker" mechanism to the Hong Kong stock market when designing the Hang Seng Index futures to prevent the impact of the stock market's ups and downs.

Obviously, the Heung Kong United Exchange believes that the Heung Kong Futures Exchange is stealing its own business by engaging in Hang Seng Index futures, and is naturally unwilling to assist the Heung Kong Futures Exchange in improving the design of the Hang Seng Index futures.

Of course, the two sides have not yet reached the point of openly breaking up. The reasons for rejection given by the Hong Kong Stock Exchange are quite tenable. The Hong Kong stock market's "disobedience" and the resulting strong speculative atmosphere are world-famous.

, so much so that many international financial institutions have also fallen in love with this degree of freedom.

Under such circumstances, adding a "circuit breaker" mechanism to the Hong Kong stock market involves a wide range of things and is impossible without resistance. Moreover, there is no precedent for a "circuit breaker" mechanism in stock exchanges and futures exchanges around the world. After all,

There has not yet been a major stock market crash like the "Black Monday" in 1987 in the "old script".

The Heung Kong Futures Exchange is a bit passive here, because improving the design of Hang Seng Index futures is very unpleasant to the forces who are eagerly waiting for the Hang Seng Index futures to make a fortune. The Hang Seng Index futures trading rules are not perfect, so there is an opportunity. As for

I don’t care if the Hong Kong Futures Exchange will be dragged into bankruptcy.

However, when the news came out that the Hong Kong government was going to hand over the supervision of the Hong Kong securities industry to the Hong Kong Exchange Fund Administration, it was the Hong Kong Stock Exchange's turn to be passive. After Sir Gao took control of the supervision of the Hong Kong securities industry, he proposed to increase the "circuit breaker"

Does the Hong Kong Stock Exchange dare to disobey the requirements for mechanism reform? Rather than being slapped in the face then, it is better to reconcile now.

At the dinner, Li Fuzhao, on behalf of the Hong Kong Stock Exchange, made a lot of speeches and condescended to propose a toast to Ma Shiheng, Chairman of the Hong Kong Futures Exchange. His attitude was very sincere.

Li Fuzhao even said that the control of the Stock Exchange and the Futures Exchange is now in the hands of the Chinese. This situation is really hard-won. We cannot fight among ourselves and let the ghosts gloat.

Regarding the establishment of a "circuit breaker" mechanism for the Hong Kong stock market, Sir Gao did not want to bargain.

Because the objective result of the "Black Monday" global stock market crash in 1987 in the "old script" is that many people "repaid" the money they earned from the speculation brought about by the Plaza Accord.

It was a pretty good ending, and it was even a shame that he had no choice but to commit suicide, and everything was over.

Therefore, judging from this result, no matter what the real cause of the "Black Monday" global stock market crash is or whether it will happen again, it is extremely necessary to take preventive measures before they happen.

With Gao Xian's character, "Black Monday" can only be his opponent's graveyard, not his own pitfall.

Sir Gao, who had always been loyal, still cared about old friendships, so he acted as a peacemaker and mediated between the Heung Kong Futures Exchange and the Hong Kong United Exchange, so-called "each taking a step back."

"It is indeed sensitive to set up a 'circuit breaker' mechanism in the Hong Kong stock market, which will greatly increase the pressure on the Stock Exchange, but the concerns of the Futures Exchange are not unreasonable." Sir Gao's eyes shone with wisdom, "In this way, the 'circuit breaker' mechanism

It will be discontinued and replaced with a market fluctuation adjustment mechanism, also known as a cooling-off period."

People at the Hong Kong Stock Exchange immediately understood. On the surface, Sir Gao was asking both parties to take a step back, but in fact, he was releasing the final plan.

Li Fuzhao asked with an air of dignity: "How does this market fluctuation adjustment mechanism work?"

"The rules are roughly like this." Gao Xian smiled slightly, "For example, if a stock rises or falls by 10% or more within five minutes, the trading price limit will be triggered, but transactions within the range can still be carried out.

, rather than a total outage.”

"This plan will surely trigger a much smaller rebound in the stock market, and the futures exchange can also achieve the purpose of effectively controlling the risks of Hang Seng Index futures trading."

Li Fuzhao thought: "Although the market fluctuation adjustment mechanism is much gentler than the circuit breaker mechanism, based on my many years of understanding of the Hong Kong stock market, I am afraid that it will still cause various conflicts. In order to reduce the delay caused by the launch of Hang Seng Index futures, can market fluctuations be regulated?"

The scope of the adjustment mechanism is set at the thirty-three constituent stocks of the Hang Seng Index?"

Seriously, as long as the risks of Hang Seng Index futures are under control, I don't care about the life and death of other stocks!

Seeing Sir Gao looking at him, Ma Shiheng understood and "stepped back one more step".

In this way, the Heung Kong United Exchange and the Heung Kong Futures Exchange have "resolved their old feud", and the Hang Seng Index futures has finally gone online.

The Hong Kong United Exchange thought it had saved face at the cost of only a few concessions, but it did not expect that under Gao Xian's guidance, the Hong Kong Futures Exchange was building a protective shield for itself against risks.