Chapter 729 Chief Superintendent

Tong Xinhua silently resealed the letter, handed it back to He Hui, turned his head and asked Zeng Xinquan: "Master Cai, is there any good way to stabilize the interbank lending rate?"

Zeng Xinquan pondered for a long time: "Essentially, the increase in the interbank lending rate is caused by the lack of liquidity in the Hong Kong dollar. ”

Ren Zhigang said coldly on the side: "Unless the HKMA re-deposits the exchanged Hong Kong dollars into major banks to stabilize the monetary system, improve the liquidity of Hong Kong dollars, and reduce interbank lending costs, the interest rate will naturally come down." ”

Tong Xinhua clapped his hands: "It's so simple!? Then why don't you do it?"

"Because this is a violation of the HKMA's Monetary Reserves Management Regulations, according to the HKMA's regulations, the Hong Kong government's monetary assets can only be deposited in the HKMA's designated accounts and cannot be used. ”

Tong Xinhua pondered for a long time and patted his thigh: "What regulations are not regulations? Change! Start the process of changing the Financial Emergency Committee, starting tomorrow, all the exchanged Hong Kong dollars will be deposited in various banks to improve the liquidity of Hong Kong dollars! Cai Ye, you will immediately come up with a bailout plan and make quotas according to the scale of the banks." If necessary, apply to the Chief Executive's Office for a Chief Executive Order!"

Tong Xinhua made this decision without the slightest surprise to Zhang Chen, nor did it surprise Zeng Xinquan and Ren Zhigang.

Tong Xinhua, Zeng Xinquan, Ren Zhigang and others were able to make the decision of the HKMA to directly enter the market in their previous lives, and they were indeed under considerable pressure. There has never been a case in Hong Kong where the government has directly entered the market to speculate in stocks, and this kind of precedent is far from being comparable to such a trivial matter as amending the monetary asset management regulations of the HKMA.

Now that the situation in Xiangjiang is already considering entering the stock market directly, making some changes to a management regulation is not a problem at all.

The most important thing is that Zhang Chen's proposal that the HKMA only needs to buy Hong Kong dollars directly in US dollars and deposit them in major banks to stabilize interest rates has actually reduced their responsibilities by 90 percent.

Moreover, it can also reduce the opposition of pro-British factions such as Shen Yuan Ping'an, eliminate internal friction, and better unify with the outside world.

Sure enough, at the afternoon meeting, the pro-establishment faction led by Shen Yuan Ping'an agreed to the new bailout plan proposed by Tong Xinhua with only a slight suspicion, and approved the seven improvement measures to amend the HKMA's regulations on the management of government monetary assets, improve the linked exchange rate system, and 30 improvement measures to guard against risks in the financial system.

As for Huaan's decision to trust the city, it is still only known to Tong Xinhua and a few people in the Financial Secretary and the Hong Kong Monetary Authority.

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Among the most tired people on this day, Zeng Xinquan and Ren Zhigang were the most tired. After formulating the strategy, the heads of all banks in Hong Kong should be convened to explain the decision of the Hong Kong government. He also "suggested" and "persuaded" these bankers to relax the conditions for overnight lending between banks to enrich the liquidity of the Hong Kong dollar.

In the evening, Tsang Xinquan and Ren Zhigang interviewed 120 business celebrities, and Tong Xinhua, together with the heads of the three divisions and various policy bureaus, also attended the meeting, which boosted the confidence of the business community in Hong Kong, so that everyone could hold the stocks and Hong Kong dollar assets in their hands and tide over the difficulties together.

In the evening, Tong Xinhua, Zeng Xinquan, Shen Yuan'an and other leaders held a temporary reception at the former Hong Kong Governor's Mansion to entertain many business leaders in Hong Kong.

Cocktail parties are an indispensable part of Hong Kong's business culture, and every day there are different receptions in Hong Kong. And it is rare to see such a rush and a huge momentum as it is today.

Although Zhang Chen really has a limited affection for Xiangjiang, he must admit that this cocktail party did give him a new understanding of Xiangjiang's old money.

This reception was held temporarily, and there was no preparation in advance, Zhang Chen had estimated that there might be many people who would not be able to shirk it, but what he didn't expect was that almost all the rich people who received the invitation attended collectively, and even Huo Xiongbei, the head of the Huo family who was old and had not asked about the world for a long time, was present in person, giving enough face.

No matter what kind of friction there is in normal times, when it comes to critical moments, most of the old-school chaebols can still abandon their prejudices and defend themselves against foreign insults.

Of course, this is also for their own benefit. Although there are many people around the world who have allocated assets below risk, after all, most of their assets are in Xiangjiang, or at least they are mainly based in Xiangjiang. If the Xiangjiang stock market really collapses, the interests of each family will be greatly damaged.

"Mr. Zhang, I'm still very worried, now we promise that Hua'an will take care of the city alone, in case the time comes。。。。。。 Since the afternoon, the worry between Wen Hangsheng's eyebrows has not dissipated, and when there was no one around Zhang Chen, Wen Hangsheng couldn't help but come over and ask Zhang Chen how sure he was.

Zhang Chen smiled, raised his glass and touched Wen Hangsheng, "Mr. Wen, don't be so polite, you are a lot older than me, I will call you brother." Brother Wen, now Huaan has 12 billion US dollars of available funds, which is nearly 100 billion Hong Kong dollars, what else do you have to worry about?"

"I still think that the HKMA should be allowed to enter the market at the same time, at least to alleviate some of our pressure. Wen Hangsheng sighed and said, "The total market value of the Xiangjiang stock market is more than 200 billion US dollars, if it is really the building that will collapse, we are afraid that this little money will not even be enough to plug the gap between our teeth." ”

can't blame Wen Hangsheng for being pessimistic, only when he is in the bureau does he know how serious the situation in Xiangjiang is now.

In just one week, Hong Kong stocks plummeted, plummeting from 7,800 points to 6,260 points, and Druckenmiller was interviewed for the second time by the BBC in the United Kingdom, bluntly saying that the Hong Kong stock market will fall within 4,000 points within the month.

The interview undoubtedly amplified the panic in the stock market, which was in mourning and many businesses were on the verge of closure.

There is a cake shop opened by a Dongying person in Central, originally this cake shop had a good business, there were many customers who recharged and bought vouchers, I don't know who said that this cake shop was also going to close down, so a large number of customers who bought vouchers lined up to change the cake, and it also caused violent clashes, and the police force had to send a large number of police officers to maintain order. This shows how dangerous the situation in Xiangjiang is now.

People's hearts are so mysterious, they may still be confidently saying that houses and stocks will never fall the day before, but the next day there is a slight wind and grass, like a frightened rabbit, fleeing in all directions.

As bubbles grow, people's vows are nothing more than hypnotizing themselves.

And, from Druckenmiller's first television interview to today, the stock market has fallen by 1,600 points, or more than 20 percent. For every point they drop, they will net 50 Hong Kong dollars per short order, and if this continues, their chips will become more and more. Even if we enter the market now, I am afraid it will be difficult to match. Wen Hangsheng said worriedly.

Zhang Chen smiled: "There is an old saying, first fat is not called fat, and then fat overwhelms the kang, in the same way, the money earned first is not money, it is paper." No matter how much the stock market falls, as long as it hasn't been delivered, it's all wealth on paper, and it's not a big deal. ”

Wen Hangsheng was still frowning: "But who knows the cost of opening their positions and when they will choose to close their positions? They may not wait until the final delivery day to make deliveries." ”

Zhang Chen's eyelids jumped slightly: "No matter when they deliver, the 28th of this month is the delivery day of the month, and they must deliver the November order in their hands on this day, as long as we can pull the stock index above their November opening cost this month, it will be considered a victory." ”

Wen Hangsheng shook his head and said: "I'm afraid it's not that simple, they can transfer their positions to December and fight us to the death before the end of the year." Even if we catch them off guard in November, we will make a comeback in December, but it will be even more difficult. ”

Zhang Chen smiled mysteriously: "No, we just need to win in November." ”

As long as you win the month of November, what does it mean? Wen Hangsheng was about to ask, but saw a tall middle-aged man with a heroic face walking towards the two with a follower, so he had no choice but to give up.

Wen Hangsheng knew that he had just come to Xiangjiang and had been acting in a low-key manner, and no one would come to look for him, so he gave way to the side.

The middle-aged man smiled politely at Wen Hangsheng, and after nodding his head, he said to Zhang Chen, "Hello, is it Zhang Sheng?"

Zhang Chen looked at this person a little familiar, but he couldn't remember where he had seen it, and said with a subtle smile: "I am, may I ask who you are?"

The middle-aged man handed Zhang Chen a business card: "I'm sorry, the contemptible person is Deng Jingcheng, deputy commander and chief superintendent of the Xiangjiang Island Region, who works in the Xiangjiang Police Force." ”

Zhang Chen suddenly realized, no wonder he was so familiar, it turned out to be the "first brother" of the Xiangjiang Police Force in the future.

Among the previous commissioners of police of the Heung Kong Police Force, Tang Jingcheng is the most legendary and the most well-known.

Because this guy used to be the captain of the Flying Tigers (SDU)...

It can be said that many characters related to the Flying Tigers and the Police Tactical Unit (PTU) in Hong Kong movies are based on him.

Oh, by the way, this guy also served as the inspector of PTU, and he fought with real knives and guns, no wonder he had a murderous aura.

Tang Ching-shing is still far from the position of Commissioner of Police, and is one of the 30 Chief Superintendents of the Force, but he is a popular candidate for Assistant Commissioner of Police because of his outstanding achievements and abilities.

Zhang Chen's heart moved slightly, and he put away his business card: "Chief Superintendent Deng, hello, I'm sorry, I don't have a business card." What is the matter with me?"

Deng Jingcheng looked at Wen Hangsheng next to him, Wen Hangsheng was knowledgeable and interesting, and found an excuse to slip away, Zhang Chen couldn't help frowning, what is the matter, can't let others hear?

There should be no violation of the law in Xiangjiang, and even if there is, it should be the Commercial Crime Bureau or the Independent Commission Against Corruption who came to him, not Deng Jingcheng.

Deng Jingcheng's face was serious: "Mr. Zhang, there is a red Ferrari F550 with a license plate ET3058 registered in your company's name, I don't know if this car has anything to do with you?"

Zhang Chen chuckled in his heart, "Well, this is my car, but I am often not in Xiangjiang, so I lend it to a friend to use, what happened? If there is a violation, I will let the lawyer deal with it as soon as possible." ”

Deng Jingcheng shook his head and said: "No, it's just that recently, while investigating a case, our colleagues found that several suspects related to this case were very concerned about this car, and according to our judgment, they should have been following this car for nearly two weeks." I'm worried that these people may be bad for Mr. Zhang, so I'm here to ask you about the situation. Recently, there have been many cases of wealthy people being kidnapped for ransom in Hong Kong, and we suspect that you or your family may be their next target. ”

Rest assured, Sue won't be kidnapped, and the protagonist won't be kidnapped, it's not so bloody.

A big chapter of 3200 words... It's 4,000 words short of 800 words。。。。。

(End of chapter)