Chapter 1012
Chapter 1010 Southeast Asia financial crisis is comin
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Since the end of the Second World War, the British colonial system has further collapsed, and Hong Kong has become its most important colony. In terms of population, economy, etc., it is not comparable to the remaining dozen overseas territories.
Therefore, this farewell ceremony in Britain is the last thought of Xiangjiang.
In the one-and-a-half-hour event, the British Army’s sunset farewell ceremony, the Governor Pang Dingchan’s farewell speech, Prince Charles’s farewell speech on behalf of the Queen of England, and then a group dance and singing by more than 2,000 performers. Kind of show.
When tossing in the rain until 19:45, the British flag and the British flag of Hong Kong, in the music “sunset” accompanied by bagpipes, slowly descended, both the guests and the performers were very embarrassed and exhausted.
Jinyan, the little attendant, was quite filial, looked at a gap, and offered a cup of hot drink to dad.
After taking a few sips warmly, Tang Huannuan asked casually, “Where are your brothers?”
“I’m all waking up, waiting to see the handover ceremony of the zero point.” Jin Yan replied vigorously.
Tang Huan smiled and said, “So, you are still an elf, and you have recharged your energy early.”
Having said that, Tang Huan raised his wrist to check the time, “There is one hour left, which is the farewell dinner held in the UK. I will take you around again.”
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The farewell dinner mentioned by the richest man started at 21:15 and was very large. It invited 4,000 VIPs to participate. The foreign ministers of Britain and China toasted everyone for the future of Xiangjiang.
When some acquaintances saw Jin Yan next to Tang Huan, they couldn’t help but jokingly said: “Ling Young Master is so big-handsome and handsome, he seems to have a feeling of deja vu.”
The richest man just responded with a noncommittal smile, and muttered to himself-this shows that you have watched the movie starring Lin Qingxian seriously.
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At 23:30 in the middle of the night, the Hong Kong sovereignty handover ceremony was held in the New Wing Auditorium of the Hong Kong Convention and Exhibition Center. The respective identities of the Chinese and British parties came to the scene to witness this historical moment.
At 0:00 on July 1, the British flag and the Hong Kong British flag were slowly lowered on the two flagpoles on the right, and the British national anthem “God Bless the Queen” was played at the same time, symbolizing the official end of the Hong Kong era.
After zero hour, the Chinese national flag and the regional flag of the Hong Kong Special Administrative Region were slowly raised on the two flagpoles on the left, and the Chinese national anthem “March of Volunteers” was played.
After Prince Charles finished his speech, the senior British delegation did not attend the subsequent Hong Kong Special Administrative Region government establishment and oath ceremony. Instead, they were divided into two groups. British Prime Minister Tony Blair and other British government officials took the plane. ;Peng Dingzhan and his family accompanied Prince Charles on board the British Royal Yacht Britannia, and were escorted by Major General Deng Shouren, the last commander of the British Army in Hong Kong, on the British warship Chatham-and returned to the UK without stopping. .
This shows how lonely these people in Britain are.
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At the breakfast table on July 1, Tang Huan smiled and tested the sons of Tang, “Xiangjiang has officially returned. What have you all seen from it?”
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“The British are doing their best to keep their best impression as the capital they may need to reach out again in the future.”
“The financial turmoil in Southeast Asia should soon be transmitted to Hong Kong, which has just returned to Hong Kong-the British side, and you may be gloating.”
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The richest man couldn’t help but said with a smile: “It’s not a chance, but affirmation-Britain is eager to have a contrast, so as to show its so-called achievements in colonizing Xiangjiang over the years.”
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They were discussing, Zhuang Menghua and Meng Jing walked in together. The latter yawned and complained: “Don’t just sit there and talk! I’ve been tired for half a year, and you came here just right. From now on, all of them have been recruited.”
The industry of Qinhe Group is prosperous in Xiangjiang, and even in Asia as a whole. It is usually rich in wealth, but now it is time to worry about how to avoid the impact-two senior people, Zhuang Menghua and Meng Jing , On behalf of the Tang family, to be responsible for specific coordination.
Tang Huan smiled and said, “I have no opinion.”
Zhuang Menghua said sternly: “A few days ago, the Siamese Finance Minister took the blame and resigned. From this, the financial circles speculated that the Siamese government was going to depreciate the Thai baht drastically, which caused chaos in the Siam financial market. The exchange rate plummeted to 28:1, and the Siamese stock market also fell to its lowest point in eight years.”
“It’s time…” The richest man nodded, “I think the Siamese officials will no longer be able to stand it in these two days, and personally admit that he has collapsed.”
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This is indeed the case-on July 2, the Central Bank of Siam announced that it would abandon the fixed exchange rate policy and implement a floating exchange rate system.
At this point, the Siamese financial crisis broke out-the entire Southeast Asia followed up with wind and rain.
Xiangjiang, which is geographically distant from it, doesn’t seem to feel any strangeness yet, and is still immersed in the atmosphere of celebration after the return.
The richest man kindly reminded the righteous and energetic Chief Executive of Hong Kong Dong Jianhua: “The financial market of Hong Kong has always been responsive. Be careful to test you. It is like a violent storm. Don’t be screamed by those who have the opportunity to scream.” What the British can do but the Chinese can’t do it’, that would be embarrassing.”
A topic of the two people’s meeting is still related to honoring.
After the return of Xiangjiang, many things with strong colonization will definitely be replaced.
For example, the “Hong Kong Royal Police” that used to appear frequently in Hong Kong movies can’t be called that way now — the same is true of the honor system.
The “Xiangjiang-style Glory” flashing in the chest of the elite group of Xiangjiang is quite distinctive. On the one hand, it has titles such as “Justice of the Peace” that have been inherited from the Qing Dynasty during the feudal era; on the other hand, Britain also conferred its own knights and entitlements. Waiting for awards, used to win over the elites of Xiangjiang-it can be described as a combination of two swords that integrates Eastern and Western cultures.
Just over a week ago, on June 25, the spokesperson of the Chief Executive-Designate’s Office announced the establishment of a new system of honors and awards of the Hong Kong Special Administrative Region to replace the old system.
Of course, the goal is the same-it is used to award people from all walks of life in recognition of their outstanding contributions to Hong Kong, or their outstanding achievements in the field, regardless of nationality, gender, and whether they are qualified. Possess the right of abode in Hong Kong.
On the July 1st “Gazette”, Tang Huan was on the list of honors and was awarded the grand_bauhinia_medal, the highest level of the Hong Kong Special Zone Award and Recognition System-the Grand Bauhinia Medal, or gbm.
This is also the meaning of the question-Britain is rushing to get the richest man to catch the last bus, that is, to get a gbe before the return of Hong Kong. It is nothing more than it has been expected long ago. The newly established Hong Kong Special Economic Zone will definitely do it. Straightforwardly come up with this kind of solicitation.
In accordance with the provisions of the Hong Kong Special Administrative Region’s awarding and awarding system, the list of awards will be published in the Gazette on the anniversary of the establishment of the Special Administrative Region on July 1 each year. The awarding ceremony will be held at the residence of the Chief Executive of Hong Kong in October each year. -Government House, which is the original Hong Kong Governor’s House.
The list of the first Grand Bauhinia honorees awarded by the Hong Kong Special Administrative Region. Naturally very important, including An Zijie, Li Guowei, Li Fushan, Du Yexien, Cha Jimin, Xu Simin, Zhuang Shiping, Huang Keli, Zeng Xianzi, Huo Yingdong, Zhong Shiyuan, Luo Luocheng and other important figures. Although the richest man is the most junior, he is in Xiangjiang. Its contribution and influence are not inferior at all.
Therefore, Dong Jianhua hopes that at the first award ceremony of the Hong Kong Special Economic Zone in October, the richest man, who has almost brushed up global honors and is handy, will be able to personally come to the scene during his busy schedule to boost the momentum. Unexpectedly, Tang After Hwanzai happily agreed, he poured a basin of cold water over.
Dong Jianhua had been in business before, and even after the family’s flagship company, Orient Overseas, was on the verge of bankruptcy and had to seek external assistance, he began to “work” for the richest man to some extent. So it is not difficult to imagine that he knows Tang Huan’s energy and vision, and naturally he dare not ignore the other’s reminders.
The Chief Executive of Xiangjiang immediately asked for advice: “So, Tang Sheng believes that the newly established Hong Kong Special Economic Zone will face the first round of financial market turmoil, how serious will it be?”
“I think it will be very serious, even to describe it as’ransack’.” The richest man replied leisurely: “After entering the 1990s, with the nutrients brought by mainland red chips, the Hong Kong stock market began to grow for a long time. Year’s rise-on the 20th of last month, the Hang Seng Index broke the 15,000-point mark for the first time and closed at more than 15,100 points. According to this trend, by the end of this month, the Hang Seng Index broke through the top again by winning and catching up. The 16,000-point mark is not difficult.”
Having said this, Tang Huan looked at Dong Jianhua and said meaningfully: “You should not fail to see that the financial bubble in Xiangjiang has reached a dangerous situation that cannot be ignored.”
“Siam just announced on July 2 that it would abandon the fixed exchange rate system that it has adhered to for many years. The exchange rate of the Thai baht to the U.S. dollar has depreciated from the 25:1 officially maintained before, and the roller coaster generally depreciated toward the 50:1 range.”
“Now the situation is very obvious. Other currencies in Southeast Asia are hard to survive, and the exchange rate against the U.S. dollar is bound to plunge.”
“The linked exchange rate system that the United Kingdom left to Hong Kong since 1983. The issuance of the Hong Kong dollar is pegged to the U.S. dollar. The SAR government must maintain the exchange rate of 7.8 Hong Kong dollars to 1 U.S. dollar. At that time, the Hong Kong dollar will inevitably become the region. The most valuable currency-international speculators have cleaned up the “tiger” of the Asian economic miracle, may they have let go of the more delicious “dragon”? Especially the linked exchange rate system in Xiangjiang, which has nothing to do with the ATM It’s different.”
Dong Jianhua, whose face was constantly changing, barely squeezed out a smile and said: “In recent decades, financial market turbulences such as stock market crashes and bank failures have occurred every three to five. For Xiangjiang, it is almost a commonplace. Under such a baptism, HeungKong’s financial system has been quite perfect, and there should be enough experience to deal with it.”
The richest man smiled, “Your ideas are very representative. Needless to say, the elite of Hong Kong still quite recognizes and believes in what is left of Britain.”
“I am not qualified to say that after hundreds of years, the elites of Hong Kong have been solidified by the United Kingdom in terms of thinking, vision, courage, etc.-after all, I can’t afford the linked exchange rate system. A feasible plan for how to reform the Hong Kong financial system.”
“But what I want to emphasize is that the UK has no one-size-fits-all solution. Otherwise, the pound sniper incident on’Black Wednesday’ in 1992 would not happen.”
“In short, with the current openness of the Hong Kong financial market, it must be a situation of internal and external attacks at that time. And everyone’s speculative motivation will be driven by greed to infinitely magnify, which in turn will make any system self-regulate. Ability, and so-called experience, are just like jokes. Only real foreign exchange reserves are the only trustworthy guarantee.”
Dong Jianhua couldn’t sit still anymore, and quickly got up and said goodbye: “I will talk another day – I will have an emergency meeting with the Financial Secretary to discuss it.”
After seeing the Chief Executive of Xiangjiang got on the special car and left, Tang Huan shook his head and said to himself: “People’s fluke psychology is really wonderful. There are always various excuses to think that he will be the exception.”
Little cousin Meng Jing asked uncertainly: “Brother, do you think Xiangjiang can survive this financial turmoil?”
“No way.” The richest man replied frankly: “It depends on the confidence and determination of both parties in the game.”
Tang Huan, who was vague and right, was also murmuring in his heart-Gein, compared with the original time and space, HSBC was beaten by himself and his nose was bruised and swollen, and his strength in Xiangjiang was greatly atrophied, and even the pattern of Xiangjiang was different.
But in any case, the richest man can’t tolerate the looting of the headquarters of the Qinhe Department of Xiangjiang, and he will inevitably help him.
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Now that Siam had collapsed, Tang Huan temporarily put aside his affairs on the side of Xiangjiang, and swiftly set off to Bangkok in the name of inspecting IT investments including hard drive factories to actually check how hot the place is.
As a result, he couldn’t help but feel happy when he looked at it. The soup of Gein Tom Yum Kung has the retro taste of 1978-to put it bluntly, after decades of hard work, it once returned to the pre-liberation period.
To be more specific, Siam’s closed companies and unemployed employees are everywhere, and it’s utterly sad.
The richest man with a worried expression, while quietly rushing to gather some valuable local Siamese forces before the entry of the International Monetary Fund, while paying attention to Tassin’s moves to take the opportunity to expand his influence in the political arena.