Chapter 620: Confrontation in the Venue

At the ensuing discussion meeting, some small and medium-sized financial institutions also began to put forward some of their own views, focusing on the hope that the government could introduce some policies to stabilize the economic development of Hong Kong and maintain the current situation in Hong Kong.

They hope that Hong Kong can maintain the price of the property market in Hong Kong and avoid the chain reaction caused by the property market crash.

As long as the property market price remains stable, they will not worry about the thunderstorm of their banks and companies, and then they will control the loans to real estate and recover the previous bank loans, so that they can keep their companies and banks running normally.

It's a pity that these people miscalculated, the Xiangjiang government will not jump out to give them the city, Xiangjiang's current high housing prices have had a serious impact on the Xiangjiang economy, after this squeeze, the cost of living of the citizens can drop a lot, promote the development of other industries in Xiangjiang.

And because of the news a few days ago, the Xiangjiang government is also unable to support the market, they can not control the sale between private individuals, and now a large number of second-hand houses are being sold at reduced prices, and the government has no right to ask people how much they sell.

Besides, the Chinese family in Xiangjiang who has lost the most is the United Kingdom, so Britain will not let Xiangjiang take out the treasury to pay for these people, their domestic economy is currently in difficulty, and he can't wait to take all the financial income of Xiangjiang back for investment in Britain.

At the end of the meeting, Chen Youqing, Chairman of Heung Kong Asia Commercial Bank, said: "Mr. Shawne, with the continuous development of our Chinese capital over the years, Heung Kong occupies an increasingly heavy share in the financial sector, and we hope to improve some of the state of Hong Kong financial market, especially in terms of the right to issue notes in Hong Kong dollars. ”

McBurney DeSean learned last night that the Chinese-funded banks would challenge him at this meeting today on the issue of the right to issue Hong Kong dollar notes, and he was ready to deal with it.

In other respects, the British and the Xiangjiang government can tolerate the entry of the Chinese family, but they will not allow the Chinese family to enter the Hong Kong dollar banknote issuance right at present, which is a trump card for them to control the financial affairs of Hong Kong, as long as this is in their hands, their influence on Hong Kong will not be reduced.

McBurney Deshawn said: "Mr. Chan, our meeting is mainly for the current situation in Hong Kong, and as for the right to issue Hong Kong dollar notes is not within the scope of this meeting, I have no right to make a statement on it. Therefore, I would like to ask you to put forward suggestions and comments related to this meeting, and we will discuss other matters later. ”

Feng Jingxi and the others had long known that Deshawn would take such a response and deliberately avoided discussing this issue, so they wouldn't just forget it.

Li Guobao said: "Mr. Deshawn, the theme of our discussion this time is to maintain the financial stability of Hong Kong in the future, and the right to issue Hong Kong dollars is the most important core, Hong Kong is currently in the financial industry, occupy the mainstream is our Chinese-funded financial institutions, the issuance of Hong Kong dollars involves the interests of five million people in Hong Kong, this right should not be exclusive to HSBC and Standard Chartered two banks, only the introduction of one or two Chinese-funded banks to enter, so that a balance can be formed, and Hong Kong's financial market can be more stable." ”

Shen Bi saw that the allies of the Li consortium were preparing to force the palace, this was a situation of not giving up if they did not take the right to issue Hong Kong dollars, and it seemed that Tianyu Bank was not enough, and they also dreamed that the two banks would come in to join forces with them.

Shen Bi said: "Mr. Li, our HSBC is registered in Xiangjiang, and for more than 100 years, we at HSBC have been serving the people of Xiangjiang and making our own contribution to the financial stability of Xiangjiang. If there are more such banks and institutions, it will only cause turmoil in the financial situation in Hong Kong and affect the stability of Hong Kong's financial market. ”

Fung King-hei said: "Hong Kong is the Hong Kong of five million Hong Kong citizens, the right to issue Hong Kong dollars cannot be monopolized by you HSBC and Standard Chartered Bank, which is very detrimental to the future development of Hong Kong, if Mr. Shen Bi thinks that two are enough, I suggest that the right to issue notes to Standard Chartered be abolished, but the headquarters of Standard Chartered is in London, we doubt that they will really consider the interests of Hong Kong." ”

George Lavine immediately quit when he heard Feng Jingxi's words, his bank will never give up the right to issue notes in Hong Kong dollars, and what annoys him even more is that Feng Jingxi has started a regional attack, Standard Chartered Bank is headquartered in London, but their largest market is in Asia, in Xiangjiang.

And he knows very well that Feng Jingxi's words can resonate with all walks of life in Xiangjiang, you are not even registered in Xiangjiang, how can you contribute to the development of Xiangjiang wholeheartedly, this will become their Standard Chartered Bank's biggest handle on this issue.

George Laven immediately retorted: "Mr. Feng, what you said is biased, for decades, we Standard Chartered and HSBC have held the right to issue Hong Kong dollar notes, and have been making their own contributions to the financial stability and development of Hong Kong, and the Hong Kong dollar has maintained a relatively stable situation over the years, providing strong support for the rapid development of our Hong Kong economy." Although we are based in London, it does not hinder our bank's support for Hong Kong. ”

Luo Qianwen herself also hopes that Tianyu Bank can win the right to issue notes in Hong Kong dollars, and at this time, her allies have spoken, so she naturally will not sit and wait.

She said: "The Hong Kong dollar banknote issuance power has a great impact on Hong Kong, and I think it is extremely unreasonable for the British banks to control it, and it will also make our Chinese banks and foreign banks feel insecure. As a bank that is not registered in Hong Kong, Standard Chartered Bank should be responsible for the more than 5 million citizens of Hong Kong, cancel their right and let local banks replace their rights. ”

Li Guangyu looked at the dispute between the two parties, he knew that this time the matter was estimated to be unrealizable, don't look at the meeting so much, Governor Youde and the British government will not pay attention to it.

If even the right to issue Hong Kong dollars is ceded, how can Britain still control Hong Kong, for their interests, the British government will not let other capital have the right to issue Hong Kong dollars, even if the Lee consortium has a good relationship with the Conservative Party, it is useless.

Sure enough, McBurney DeShawn spoke to stop the quarrel between the two parties, and only listened to him say: "As for the question of the right to issue Hong Kong dollars, it involves too much and the problem is too big, and it is not something that can be decided in a short time, and as for some of your views and opinions, I will report to the Governor, and the Governor will decide." Everyone is a member of the financial sector and has made great contributions to the economy of Hong Kong, and we should work together to make more contributions to the development of Hong Kong's economy. ”

McBurney DeSean was most worried that this matter was instructed by Lee Guangyu, and that if the media under the Lee consortium launched an attack on Standard Chartered Bank on this matter, Standard Chartered Bank would be in big trouble at that time.

The fact that the headquarters of Standard Chartered Bank is not in Hong Kong is their biggest flaw, but the Hong Kong dollar is related to the vital interests of the people of Hong Kong, how can they be willing to believe that a bank that is not even registered in Hong Kong will protect their interests.