Chapter 483: State Department Emergency Meeting
Last year, the international speculative group headed by the Quantum Fund launched an attack on the Hong Kong dollar, although the Hong Kong government authorities used foreign exchange reserves to repel it, but in the stock market it suffered heavy losses, and Hong Kong stocks evaporated billions of Hong Kong dollars in vain. Moreover, the Hong Kong government is well aware that the current total amount of international travel funds is about 7 trillion US dollars, and the Hong Kong government's foreign exchange reserves are only about 20 billion US dollars.
After receiving the briefing, the State Council also felt that the situation was serious and immediately convened an emergency meeting, which was presided over by Vice General Cheng of the State Council, and attended by senior officials of the China Banking Regulatory Commission, the Ministry of Finance, the State-owned Assets Supervision and Administration Commission, the People's Bank of China, the Industrial and Commercial Bank of China, the China Construction Bank, and the Agricultural Bank of China.
At the meeting, after the deputy secretary general of the State Council briefed the Hong Kong government on the situation, Vice Premier Cheng said: "Hong Kong has just returned to the motherland, and the attitude of the central government is that Hong Kong's economy must not be chaotic and must be dealt a head-on blow to those international speculators!" The bitter lessons of Singapore, Malaysia, Thailand, and the Philippines tell us that the energy of international speculators is very great, and the foreign exchange reserves of the Hong Kong government are undoubtedly a drop in the bucket. ”
Speaking of this, Deputy General Manager Cheng glanced at everyone, and then continued: "However, the commitment of the Chinese government to the world for the resumption of the exercise of sovereignty over Hong Kong is that one country, two governance, and Hong Kong people govern Hong Kong!" If the government directly intervenes to bail out the market, it will inevitably leave a pretext for some Western countries, and to gather everyone here today is to work together to maintain the prosperity and stability of Hong Kong, and to establish a positive image of the Chinese government. ”
Finance Minister Tang Zhengqiang said: "First of all, we need to maintain close contact with the Hong Kong government, so that information is unimpeded, accurate and remote. Second, we need to urgently draw foreign exchange reserves in case of unforeseen needs. Thirdly, we should monitor the trend of international funds at all times, and take immediate measures to give a resolute response once we find out that the attack on the Hong Kong dollar is discovered! ”
Tang Zhengqiang's words are a panacea, what he said is equivalent to not saying it, but as the Minister of Finance, he must express this attitude!
"Hmm!" After listening to this, Deputy General Manager Cheng nodded and said, "Minister Tang is very insightful, who has a better way to say it?" "Who has a better way, which is equivalent to criticizing Tang Zhengqiang without naming him.
An Xiaonan, governor of the People's Bank of China, said: "Although the country's foreign exchange reserves are more than $800 billion, most of them are invested in US dollar assets, and now they can be withdrawn about $120 billion. ”
An Xiaonan did not propose a way to deal with it, but just reported on the situation of foreign exchange reserves.
Wu Yuanxin, the chairman of the China Banking Regulatory Commission, said at this time: "President An, just in case, we will start selling US dollar assets now and raise funds as much as possible!" ”
Deputy General Manager Cheng nodded and said, "Yes, we must be fully prepared!" ”
Wan Haiquan, director of the State-owned Assets Supervision and Administration Commission, knew why he participated in this meeting, and communicated with Deputy General Manager Cheng before the meeting, and saw that everyone was not interested in smearing oil, so he had to say: "Since the central government is not good to come forward to save the market directly, then let the enterprises come forward to do it, we can save the market through the state-owned Hong Kong company, even if the Western countries accuse, we can infer that it is a corporate behavior, and it has nothing to do with the government, but the Hong Kong company has limited funds and needs the government to inject capital!" ”
Deputy General Manager Cheng nodded and praised: "Director Wan's method is good!" Let's talk on that basis. ”
As soon as Wan Haiquan saw that the measures proposed by Wan Haiquan had been affirmed by Vice President Cheng, the heads of the major banks took the floor one after another to study the issue of how to inject capital into the state-owned companies stationed in Hong Kong. Qin Zihe is just a deputy chairman of the China Banking Regulatory Commission, and now he is speaking as a bigwig of various ministries and commissions, and he has no part to speak at all, just smiling and listening.
Seeing that everyone was almost done, Deputy General Manager Cheng turned his attention to Qin Zihe and said: "Vice Chairman Qin, you are a doctor of economics who studied abroad, and you have engaged in international financial investment on Wall Street in New York, and you are most familiar with the operating methods of international speculators. ”
Everyone knew that the CBRC had a 31-year-old deputy chairman, but most people had never seen him, not only very curious. Qin Zihe can be the deputy chairman of the China Banking Regulatory Commission, which is a dark chess set by Deputy General Manager Cheng in order to deal with the Asian economic crisis, although the method proposed by Director Wan Haiquan is acceptable, he hopes that Qin Zihe can propose a better way!
Qin Zihe saw that Deputy General Manager Cheng had named himself, cleared his throat and said: "The method proposed by Director Wan is very good, but after all, the state-owned company in Hong Kong bears the obvious mark of China, and it will still be criticized by Western countries, and the best way is to find a foreign company with super strength to save the market!" ”
Wan Haiquan couldn't help but feel a little dissatisfied when he heard this, don't you mean that you didn't say it, and you are looking for a foreign company with super strength to save the market, the key is where to find it! But before he could question it, Deputy General Manager Cheng smiled and said, "Deputy Qin Lord, you go on." Wan Haiquan had no choice but to shut his mouth.
Qin Zihe said: "I have selected a foreign company that meets this condition, I have served this company on Wall Street, and I have maintained a good relationship with this company, I think I can completely convince them to participate!" ”
Deputy General Manager Cheng knew Chu Qin Financial Investment Company, what he was waiting for was Qin Zihe's words, and when he saw Qin Zihe mentioning it very responsibly, he was very happy in his heart, it seems that he didn't give up on choosing the wrong person!
Wan Haiquan finally couldn't help but say: "This is not something to think, it is something that must be guaranteed, even if you have a good relationship, it is impossible to say that this kind of money-losing thing is no matter how good your relationship is!" ”
Qin Zihe said with a smile: "Hong Kong's bailout seems to be a crisis, but it is actually an opportunity, if it is operated well, it can not only save the market, but also reap huge profits, I think this company will see this!" ”
Speaking of this, Qin Zihe looked at Deputy General Manager Cheng and said, "General Manager Cheng, I'll call and talk to that company now to see their attitude!" ”
Deputy Cheng knew what to expect, smiled and waved his hand and said, "Okay, you can go!" ”
Qin Zihe got up and walked out of the conference room, and was led by a staff member to a small meeting with no one in person, then politely withdrew and gently closed the door. Qin Zihe looked at it for a while, it should be 10 o'clock in the evening in New York now, he took out his mobile phone and dialed his aunt Chu Yao's phone!! ~!