Reborn Xiangjiang Tycoon Growth

Chapter five hundred and forty-four Hong Kong dollar defense battle

The opening ceremony of Black Cloud Bank has ended, but the trust crisis in the Hong Kong dollar has not been resolved. After all, the negotiations between China and Britain are not very clear yet, and everyone is worried about the future of Hong Kong.

Fortunately, this is only the idea of ​​a small group of people. In the opinion of most people, Bao Zixuan exchanged 20 billion US dollars for Hong Kong dollars, which to a certain extent enhanced the confidence of the people of Hong Kong. There is no need to rush to exchange the Hong Kong dollars in hand.

The bank of the richest man Bao has a lot of foreign exchange to exchange, so he is not in a hurry.

The crisis of confidence in the Hong Kong dollar is not only affected by the negotiations between China and Britain. It is mainly caused by international financial speculators seizing the opportunity and starting to short the Hong Kong dollar, which to a certain extent has accelerated the depreciation of the Hong Kong dollar.

The exchange rate of the US dollar against the Hong Kong dollar has risen from 1:4.2 at the beginning of the year to 1:5.1 at the current stage. It can be said that the exchange rate against the US dollar has dropped by nearly 20 points in less than a year. This is despite the fact that the US dollar has also depreciated.

If other factors are taken into account and the Hong Kong dollar has depreciated by more than 25%, it is equivalent to an invisible reduction in the wealth of every Hong Kong citizen by a quarter.

If it is not controlled, the exchange rate of the Hong Kong dollar will still fall. At the beginning of the year, the whole world knew that Britain issued 5 billion pounds of war bonds in Hong Kong, which seriously reduced the entire foreign exchange reserves of Hong Kong.

With the reduction of foreign exchange reserves and the deadlock in the Sino-British negotiations, it is reasonable for international financial speculators to take advantage of the situation to short the Hong Kong dollar. It can be said that without the support of other families in Hong Kong, Bao Zixuan is equivalent to fighting against international hot money alone. Even if he wins, he will suffer heavy losses.

Dong Haoyun did what he said. He tallied up his family's money and deposited it directly into Heiyun Bank. Although it was mainly based on Japanese yen, anyone with a discerning eye knew that the Japanese yen would definitely appreciate in the future. Now the Japanese yen is in the international market.

But it is very popular.

Pao Yugang also mobilized funds from European, American and other banks and deposited them into Black Cloud Bank. He also converted all the US dollars deposited into HSBC into Hong Kong dollars and re-deposited them.

He is not offending both sides, and at the same time he has completed what the old man told him. It can be said that he kills multiple birds with one stone and does not suffer any loss. Everyone understands that, after all, it is difficult to let go of the relationship between the chartering king and HSBC. As the number one of HSBC

It is impossible for Chinese directors to support other banks without reservation, as the interests involved are too deep.

Fok Ying-tung also firmly supported not letting the Hong Kong dollar depreciate significantly, which would seriously damage the Hong Kong economy. He took out the foreign exchange that his family could mobilize and deposited it in Heiyun Bank, and converted all the foreign exchange into Hong Kong dollars before depositing it in the bank. It can be seen that Mr. Huo

The attitude towards this matter is very firm.

Hong Kong is only such a big place, so there is no secret at all. Seeing that Fok Ying-tung and others are doing their best to maintain the credit of the Hong Kong dollar, if other rich people don't take action, how can they have the face to see others in the future. Now the people and media in Hong Kong are all

We are paying attention to their every word and deed. Anyone who does not spend some foreign currency to exchange for Hong Kong dollars will definitely be labeled as rich and unkind in the future.

It can be said that the whole of Hong Kong is recycling Hong Kong dollars at this time, causing a serious shortage of Hong Kong dollars on the market. There is no spot Hong Kong dollars in the international market. Black Cloud Bank alone has more than 300 billion Hong Kong dollars in deposits. All of Hong Kong is supporting Bao Shoufeng.

Operation to protect the harbor.

At this time, in the office of the president of the Xiangjiang branch of Morgan Bank in Central, a middle-aged white man looked a little confused. Morgan Bank had previously shorted the Hong Kong dollar in the foreign exchange futures market, and now the futures delivery will be carried out in less than a month.

What he didn't expect was that there were very few large amounts of Hong Kong dollars circulating in the market at this time. If the current situation continued, Morgan Bank would engage in short-selling and short-selling. Not only would it face huge fines, but it would also bear legal liability.

International financial speculators led by Morgan Bank did not expect that Xiangjiang would directly recycle Hong Kong dollars in the foreign exchange market, and then directly put the Hong Kong dollars in the safe and not use them. This operation seemed simple, but it required a lot of foreign exchange support.

No one thought that Bao Zixuan would dare to spend 20 billion US dollars in foreign exchange to repurchase Hong Kong dollars. His repurchase caused all major institutions in Hong Kong to repurchase. Even the Xiangjiang Branch of Hua Xia Bank began to use foreign exchange to repurchase Hong Kong dollars. Now Hua Xia

The huge tax support from owning Bao Huodong Mining Company has alleviated the foreign exchange pressure to a certain extent.

The result of the combined efforts of several parties is that after the futures expire, Morgan Bank has no Hong Kong dollars for delivery. It can also print the US dollars itself; they do not have the right to mint Hong Kong dollars. After the futures contract expires, they will inevitably face legal proceedings for financial fraud.

The person in charge of Morgan Bank in Hong Kong knew that this loss was inevitable. The exchange rate between the US dollar and the Hong Kong dollar has now risen from 1:5.1 to 1:4.5, which is about to return to the level at the beginning of the year. And as the circulation of Hong Kong dollars in the market continues to decrease, the exchange rate remains the same.

is rising.

At present, even if you have money, there is no way to exchange it for Hong Kong dollars. Morgan Bank has more than 100 billion Hong Kong dollars in futures contracts. If it cannot be delivered when it expires, it can directly announce its withdrawal from the international financial market.

The person in charge of J.P. Morgan Bank's Xiangjiang Branch went directly to Shen Bi's office at HSBC Bank after asking for instructions from home.

The person in charge of Morgan Bank Xiangjiang took out the information of Ocean Millennium Bank of the United States and handed it to Shen Bi. When Shen Bi saw the information submitted by Morgan, he said: "President Oakley, what do you mean?"

Shen Bi is worried that HSBC will be affected after the return of Hong Kong, so he has been seeking to expand abroad; HSBC has been coveting the United States Ocean Mile Bank for a long time. If the acquisition can be successful, then HSBC's development path in the United States will be opened up. Now Morgan Bank directly

Send the information of Ocean Milan Bank to yourself. Considering the current situation in Xiangjiang, the other party's purpose is self-evident.

The person in charge of Morgan Bank in Hong Kong, a man called President Oakley, said: "If HSBC agrees to lend 100 billion Hong Kong dollars to Morgan Bank, then HSBC will definitely get the full help of Morgan Bank in acquiring Ocean Mile Bank. I don't think this has happened in the United States yet.

Something the Morgan family couldn’t do.”

Shen Bi is also considering the conditions offered by the other party. Once they agree to lend 100 billion Hong Kong dollars, the Morgan family will have more chips to short the Hong Kong dollar. The probability of the Hong Kong dollar devaluing will be very high, and all this can be avoided.

But if you don’t agree to dismantle HSBC, it will be difficult for you to develop in the United States in the future; after all, you didn’t help me at the critical moment, and it will make it easier for you if you want to develop on my territory in the future.

At this time, Shen Bi is caught in a dilemma. One is that HSBC's goal of globalization is about to be realized, and the other is betraying the people of Xiangjiang. Now he feels that no matter which side he chooses, it is inappropriate, and he is very conflicted in his heart.

Shen Bi thought for a moment and said: "President Oakley, this matter is too big and I need to think about it. HK$100 billion is not a small amount. I don't know what kind of guarantee your bank uses."

After hearing what was used as a guarantee, Oakley knew that Shen Bi was already interested. Then the matter was half successful. With the help of HSBC, the quasi-central bank of Hong Kong, the chance of winning this time would be much greater.

Oakley quickly recovered: "Morgan Bank has a large amount of U.S. dollars that can be used as a guarantee when splitting Hong Kong dollars. This means that HSBC can directly confiscate the corresponding amount of U.S. dollars if we fail to pay. In short, HSBC will definitely not suffer a loss."

Hearing this, Shen Bi was a little tempted. HSBC would not lose anything no matter what. But he also knew that if it did not do well, HSBC would fall into a desperate situation. At this time, providing funds to short-selling Hong Kong dollar institutions is an act of subsidizing the enemy, and it is in Hong Kong. People stabbed in the back.

After sending Oakley of Morgan Bank away, Shen Bi thought about how to facilitate this matter. Using US dollars to guarantee the dismantling of Hong Kong dollars was something that everyone liked to hear before, but it was too sensitive at this time.

Everyone knows that local capital in Hong Kong, headed by Bao Zixuan, is buying back Hong Kong dollars in large quantities, making the short sellers face the danger of not being able to pay back their futures contracts after they expire. If HSBC provides funds to tide them over, even Get victory.

In the future, HSBC's reputation in Hong Kong will be ruined, and the Hong Kong government will impose administrative penalties on HSBC. But when he thinks that HSBC can achieve internationalization in his own hands, a goal that has not been achieved by generations of HSBC executives, he is extremely excited.

This was a feat that would go down in history. At least within HSBC, no one could surpass his achievements. Thinking of this, Shen Bi knew that he had to have a foolproof plan to get himself out even if the matter was revealed.

At this time, Shen Bi wanted to be a bitch, but also wanted to build a chastity memorial for himself. After thinking about it, a person came into his sight. The scapegoat for the problem had been found, and the next step was the specific operation.

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