Reborn Capital Madman

The establishment of Xiangjiang Banknote Printing Company occupies the moral high ground, so it is not difficult to proceed naturally.

From the perspective of the old man in the Hong Kong government, this is the responsibility of the Hong Kong Monetary Authority. In the remaining few years of the transition period, it will have to be dealt with sooner or later. Now Sir Gao has huge energy to implement it and make stumbling blocks.

Obstruction is not of much value.

The senior management of the British De La Rue Group also understands the logic here. The consequences of not letting go of Xiangjiang's assets and business and refusing to cooperate are completely foreseeable. It is nothing more than a delay and waiting for the government's Legislative Council to complete the relevant revisions through procedures.

After the law is passed, you have to accept it as usual. By then, there will definitely be nothing left because of the harm to the harmony. It is better to enjoy the 10% rights and interests that Sir Gao left in peace and contentment now.

On the other hand, with the background of Xiangjiang Banknote Printing Company, the subsequent operations are more secure than being a subsidiary of the British De La Rue Group. After all, printing banknotes has a high threshold, but

The British Delarue Group is not alone in the world. It can easily share the stable 10% equity in the remaining years of the transition period in Hong Kong. It is not a loss!

Hui Feng Bank, Hong Kong Bank, and Standard Chartered Hong Kong Bank, which were asked to subscribe for 10% of the shares of Heung Kong Banknote Printing Company, had no reason to refuse. This was regarded as a qualification certification for the three note-issuing banks, and it could also offset part of the printing in the long term.

The cost of banknotes.

So, soon, the founding ceremony of the Heung Kong Banknote Printing Company was held in front of the public. All parties involved either obediently or happily attended to help. Of course, there was no need to go to Gao Xian Industrial Estate, where the factory of the Heung Kong Banknote Printing Company was located.

The Xinhua People's Bank Building is the headquarters of the Heungkong Monetary Authority, which is in charge of the Heungkong Banknote Printing Company.

The Gao's Bank Building has been completed and renovated, and there is still a grand official opening ceremony. However, a lot of preliminary work has been carried out for a long time. For example, some floors of the Xinhua People's Bank Building belonging to Gao Yi's offices have been vacated in advance.

Therefore, on the day of the founding ceremony of the Heung Kong Banknote Printing Company, the Xinhua People's Bank Building where the Heung Kong Monetary Authority temporarily resides is no longer so cramped. For example, the space required for the press conference does not need to be arranged outside.

Witnessed by reporters holding long guns and short cannons, and with the continuous ringing of cameras, the heads of relevant parties, headed by Sir Gao, the President of the Hong Kong Monetary Authority, signed and exchanged documents respectively. The atmosphere was described as a public one.

The stars hold the moon, and everyone is looking forward to it.

Next, of course, is the interaction with reporters to publicly disclose the necessary information.

First of all, Sir Gao made a speech, aiming to explain that through the establishment of the Xiangjiang Banknote Printing Company, all aspects of the Xiangjiang currency issuance system will be sorted out clearly.

To sum up, according to the reports of various media after the press conference, everyone was quite surprised.

What are people paying attention to during this time?

During the banquet incident at the Ritz Hotel in London, Sir Gao, who escaped from the disaster, returned to Hong Kong and specifically picked out the biggest forces to attack him. It was rumored that Hui Feng Bank was about to give up its absolute controlling stake in Hengsheng Bank...

In the eyes of all the melon-eaters, it was only then that people woke up. Before they knew it, Sir Gao had done another important thing!

Unexpectedly, praises came pouring in. Sir Gao never forgets his job!

In fact, Gao Xian is very satisfied with the results that came from the process of repairing Standard Chartered Bank and knocking out Hui Feng Bank. There are too many messes made by the old ghosts, and they cannot be postponed until 1997.

When you are in front of you, deal with it as hard as you can.

The perfected new mechanism required a process of adaptation, and it was squeezed into 1997. If the Asian financial crisis still came as scheduled, it might be a loophole or even a back door.

Now, things are going well. The relationship between currency circulation in Hong Kong has basically been sorted out clearly. By 1997, I believe it will be more complete, and we can rest assured about another link.

The content at the press conference was varied. For example, someone asked whether the Hong Kong Monetary Authority would also issue banknotes?

Sir Gao's answer is that this possibility cannot be ruled out, but it is too early to say now.

Some people are also asking whether a new version of banknotes will be issued soon after the Heung Kong Banknote Printing Company is established.

Sir Gao gave an affirmative answer. As the status of Hong Kong's international financial center continues to improve, the pressure on anti-counterfeiting of Hong Kong dollars has also increased significantly. In this regard, in terms of adopting newer and more advanced anti-counterfeiting technology, the Hong Kong Monetary Authority has issued a request to the Hong Kong Banknote Printing Company.

and the note-issuing bank, made clear supervision.

For example, I think the emerging plastic banknote technology is very promising. Although the manufacturing cost of plastic banknotes is twice that of paper banknotes, it has advantages that paper banknotes cannot match, including the ability to combine many of the

Anti-counterfeiting measures that cannot be achieved on paper banknotes; it is difficult to tear open with bare hands and will not be damaged by water. It is also suitable for the humid climate in Hong Kong and has a service life up to four times that of paper banknotes.

Listening to what Sir Gao said, many senior financial reporters couldn't help but think that the commemorative coins issued by Yili Bank for "happy move to a new home" use plastic banknote technology? Does Sir Gao want to improve the advertising effect?

Superimposed on his unique and powerful advertising effect?

Sir Gao went on to say, in addition, there are some colonial elements in the design patterns of various banknotes of the note-issuing bank. It may be time to make changes. This non-technical aspect is handled at the discretion of the note-issuing bank.

This answer reflects that Sir Gao, the president of the Hong Kong Monetary Authority, does not have everything in his hands. He gives you freedom, such as the colonial elements on the Hong Kong dollars issued by Hui Feng Bank and Standard Chartered Bank. Next, Hui Feng Bank,

It’s up to you whether you want to get rid of Standard Chartered Hong Kong Bank and redesign a new version of the Hong Kong dollar that respects the Chinese-dominated Hong Kong society.

Anyway, the Chinese elements used in the Hong Kong dollars issued by banks, such as Cantonese opera, tea drinking culture, etc., are very popular.

The reporters also asked a data question. In fact, there has been a rough answer to this question through public channels, but the answer from Sir Gao, President of the Hong Kong Monetary Authority, still has more authoritative value. This question is, at this stage

The scale of currency in circulation in Hong Kong, as well as the scale of note issuance by various note-issuing banks.

Gao Xian knew what the driving force behind this question was, and he answered directly and easily. At this stage, the currency in circulation in Hong Kong is close to 40 billion Hong Kong dollars, of which more than 200 million Hong Kong dollars coins are issued by the Hong Kong Monetary Authority; the issuance of banknotes

, Huifeng Bank contributed nearly half of the share, the issuance scale of Benefit Bank was nearly 40%, and the issuance scale of Standard Chartered Bank was relatively stable.

The amount of information in this authoritative answer is not small. If the three note-issuing banks in Hong Kong want to issue banknotes, they must put corresponding US dollars as margin into the Hong Kong Exchange Fund. As for how the Hong Kong Monetary Authority will adjust

The proportion of the Hong Kong Exchange Fund's basket of international currencies is a top secret and does not concern the note-issuing banks.

Therefore, the issuance of banknotes by the three note-issuing banks in Hong Kong is by no means a simple advertising effect, but a real declaration of hard power and bank credit to the outside world.

Hui Feng Taipan Pu Weishi, who had the courage to accompany Sir Gao at the scene, glanced helplessly at Chen Zuze, the head of the bank, I know you are chasing after me, but there is no need to find a reporter to show off here.