Rebirth capital madman - Chapter 1160

With the backing of the Hong Kong Monetary Authority under the leadership of Gao Xian, the Hong Kong securities industry not only recovered quickly after the global stock market crash on Black Monday in 1987, but also radiated new vitality in the course of vigorous innovation. There have been noises such as the game of dominance, whether it affects market freedom, etc., but the generally accepted conclusion can be drawn that an important part of the advantages of Heungkong International Financial Center – the securities industry, has embarked on a global The long-term development in line with the correct path.

One proof is that financial institutions in various markets around the world have further gathered in Xiangjiang to understand the new convenient transaction mechanism of Xiangjiang, and there are many professionals who are also worried about social problems. They always contact each other unilaterally, not to mention the efficiency. That is, there may not be a chance to get acquainted.

In short, no matter where you negotiate business, establish personal connections and contacts are an essential and important part. The Hong Kong Monetary Authority has spent so much effort developing the Hong Kong International Financial Center, and it should find a solution in this regard. Bar.

As the president of the Hong Kong Monetary Authority, Gao Xian has indeed noticed this call. However, he hopes that financial institutions will resolve it on their own. It is not that there are no local snakes such as Gao Yi and Huifeng in Hong Kong. Bureau, in order to show their industry leader image.

In addition, Sir Gao was really busy during this time. Just the final sprint for the establishment of the Asia-Pacific Economic Cooperation was enough for him to entertain. After all, many affairs depended on his wife, Senator Yi Huirong, old friend Sir Pao and others. Helping to run around is not enough.

Furthermore, it is quite troublesome to entertain people. There are hundreds of people and all kinds of people, so there are many differences in temperament and temperament. It is also true that the Hong Kong Monetary Authority is extraordinarily rich, but because of this, it needs to spend a lot of money. It must be clear and can withstand public disclosure and professional audits, especially the welcome and delivery of “eat, drink and drink”, so as not to accumulate over time and become a thunder.

However, when William Miller, who was in charge of Gao Yi US, put together the meaning of the large investment institutions on Wall Street and conveyed it, Gao Xian could not escape.

William Miller explained: “The heads of top investment banks eagerly hope that the Hong Kong Monetary Authority can organize a formal official exchange event to better understand the foreign exchange market, securities and securities markets of the Hong Kong International Financial Center. The market, banking environment, etc., and even Mingtang has helped to figure it out, so it is called the Heungkong International Financial Leaders Investment Summit.”

Sir Gao laughed on the spot, he really did his part, the International Financial Leaders Investment Summit! But having said that, I have to admit that the heads of top financial institutions on Wall Street, such as Morgan Stanley CEO Richard Fisher, JP Morgan CEO Dennis Weatherstone, Chase Manhattan CEO Wei Wei If big names like Rad Butcher and Goldman Sachs Management Committee Chairman John Weinberg are willing to join Hong Kong together, they are worthy of this reputation!

Then think about what people think and act in a hurry. Sir Gao issued an order to hold the Hong Kong International Financial Leaders Investment Summit. Immediately, Hong Kong was a sensation!

As a result, all kinds of new problems came up.

Picking a serious hot issue and organizing the Heung Kong International Financial Leaders Investment Summit will inevitably involve a lot of labor and teachers. Heads of the world’s top financial institutions like Morgan Stanley, JP**** Manhattan, and Goldman Sachs will show up together. That must be enough to attract the heads of the world’s top 100 investment institutions to gather like this. To put it in a vernacular, if you don’t come, is your rank in your circle a bit nearer? With so many heavyweights getting together, the security pressure can be imagined. Such investment is a one-shot deal. This year’s Heungkong International Financial Leaders Investment Summit is only held this year, and it is still operated as a regular mechanism. Heungkong International Finance is held every year. Leadership Investment Summit?

Gao Xian did not publicly respond to this question, but he said in the inner working circle of the Hong Kong Monetary Authority that there is no need to think so much now.

The implication is, talk less and do more, and quickly deal with the things at hand!

Including Sir Gao himself, he was no exception. He devoted a lot of energy to personally inquire about the specific arrangements of the Hong Kong International Financial Leaders Investment Summit.

Because Gao Xian is like a mirror in his heart, people in charge of various capital markets in the world, especially those on Wall Street, will not be enthusiastic for no reason. In terms of convenience, the unique advantages are increasingly prominent.

It is no compliment to say that the position of Heungkong International Financial Center in the emerging Asian market is irreplaceable. The doorway here is too complicated to explain, and everyone who understands it will understand it. Even Wall Street cannot give it up.

Based on this analysis, Gao Xian specially arranged an exhibition to introduce the work results achieved in the years from the Hong Kong Foreign Exchange Fund Administration to the Hong Kong Monetary Authority.

During the three days of the Hong Kong International Financial Leaders Investment Summit, dozens or hundreds of chief operating officers, chief executive officers, chairman of the board of directors, chairman of the management committee, can’t keep meeting, it’s easy to be boring, hey, come and visit These results give you an overall harvest.

Basically, the exhibition of work results from the Hong Kong Foreign Exchange Fund Administration to the Hong Kong Monetary Authority is divided into several parts.

Generally speaking, in terms of currency, the goal is to link the Hong Kong dollar with a package of international currency mechanisms to maintain the stability of the Hong Kong dollar exchange rate in the international foreign exchange market, and reached a swap agreement between the Hong Kong dollar and some international currencies, and established an offshore Japanese yen center. The internal operating mechanism of Heungkong’s “Basket” is largely based on Heungkong’s top 15 international trading partners; externally, it is reflected in the easy-to-understand statistical caliber of statistics such as the size of Heungkong’s exchange fund in billions of dollars.

Generally speaking, the Hong Kong Monetary Authority has obtained control over the Hong Kong Banking Offered Rate, an important interest rate, and has established regulatory mechanisms including discount windows and regulatory mechanisms including systemic financial institutions. , and also improved the central settlement mechanism of the Hong Kong banking industry, established the instant payment system of the Hong Kong banking industry, and so on.

Generally speaking, the insurance industry in Hong Kong has been developing for some years, but because the social security promoted by Gao Xian has encountered many obstacles and lacks a lot of help, and then in the exhibition content of the work results of the Hong Kong Monetary Authority, some Unremarkable.

However, the visitors did not despise them at all. After all, these financial leaders know the difficulty of implementing and carrying out specific work on their respective sites. If they sit in the high string position, they can complete one or two things. The results are enough to be proud of the capital in your career.

Commercial banks and insurance companies can be said to be the “engines” of the funds needed by the securities industry. With these solid foundations, the reformed Hong Kong securities industry is so hot, it will be a matter of course.