Volume 1 Chapter 343 Cocktail Party

In Hong Kong, when it comes to the words Bank of China Group, I am afraid that no one does not know what it represents.

Since its incorporation in 1983, this financial group representing the will of the northern continent, after several years of continuous development, has acquired five small and medium-sized licensed banks, and still has no intention of stopping, as of the outbreak of the political crisis, it has become the fifth largest financial group in Hong Kong after HSBC, UBS, Citigroup, Standard Chartered and other four foreign banks, and the deposits absorbed once accounted for the total deposits in Hong Kong.

A Mercedes-Benz limousine was speeding down the highway, and several people in the car were talking.

“…… There are only a few mainland banks in Hong Kong that directly convert renminbi into Hong Kong dollars, and Bank of China Group is one of the strongest. That said, with the run on the political crisis of '89, the BOC's power in Hong Kong was greatly reduced. After using a large amount of reserves to pay for the savings of Hong Kong people, it even interrupted the direct exchange business between the Hong Kong dollar and the renminbi for a time......"

Song Nianhui pushed his eyes on the beam, and glanced at the young man sitting next to him who seemed to be closing his eyes and recuperating with a complicated look, and there was regret in his heart, but more envy. As soon as the political storm came out in 89, countless people in Hong Kong and Taiwan took the opportunity to enter the battle to attack the RMB exchange rate, and he Song Nianhui was also one of them, but unfortunately he was not familiar with the mainland, so that he suffered heavy losses in this battle, and spent a huge amount of money to eat too much RMB in the black market.

As soon as foreign capital was withdrawn from the mainland, the northern continent was hit hard in a short period of time, which was suffering from internal and external troubles. Just when everyone is not optimistic about the mainland, thinking that the 10 years of reform and opening up have fallen short. This young man was very bold and invested several huge sums of money successively, and ate a large amount of renminbi in Hong Kong, the largest black market in the Far East, and after sitting on the indifference of the Diaoyutai for a year and a half, the renminbi in his hand was like waste paper, and it was worthless after experiencing a rapid dive and inability to convert.

Undoubtedly, he won again. A political crisis is difficult to bring down a country with a well-established industrial base, although it seems very miserable in a short period of time, but through the initial pain of foreign capital withdrawal, the mainland government after the dollar foreign exchange reserves are exhausted, do not hesitate to use hundreds of tons of gold reserves and mineral materials to pay arrears, and now that 90 years are about to turn, the northern continent has finally survived. And the credibility of the renminbi, supported by their tightening of their belts, is gradually beginning to recover in Hong Kong.

Lin Xiaozhi knows little about finance, whether he invests in stocks, futures or the black market to make up for the RMB, Song Nianhui is secretly operating for him, and naturally knows his home better than others. Not to mention anything else, just the RMB that Lin Xiaozhi has eaten from the black market after the political crisis is no less than one billion yuan. It is not ironic that the mainland, who has only a little knowledge of the exchange rate at all, has become one of the largest market makers in the renminbi black market exchange rate market, beating a large number of banks in Hong Kong's financial circles.

"Song Sheng, what do you think the Bank of China invited us today?"

Although he sat in the back seat and closed his eyes to recuperate, Lin Xiaozhi had been listening carefully to Song Nianhui's introduction to the Bank of China Group. It wasn't until he had almost introduced the situation of the Bank of China that he opened his eyes and asked him a question.

Song Nianhui shrugged his shoulders: "Who knows, maybe it's gold, maybe we're just going to make up a number of people."

Since Lam Hsiao-chi joined the Kowloon Bank, Xu has been influenced by his celebrity. In the past six months, Kowloon Bank's savings have more than tripled, surpassing HK$1.7 billion. However, Kowloon Bank is still only a relatively small group of hundreds of licensed banks in Hong Kong. Song Nianhui thought about it and didn't feel that he was worthy of being wooed by the Bank of China, guessing that most of them were just using their heads in the past

"You don't like to say that the sky is falling and there are tall people. Our Kowloon Bank is just a short man, and no matter how big the matter or opportunity is, people in the mainland may first look for those banks that are more powerful than us

Other than these two items, I really can't think of anything that the Bank of China can ask us to do......"

I have to say that Song Nianhui's guess was very accurate. In addition to the reception at the beginning, Song Lihui, chairman of the Bank of China Group, and Xiao Nianqi, president of the company, spent most of the time wandering among the people sent by more than a dozen foreign banking giants such as HSBC and Standard Chartered. Although the two of them had smiles on their faces all the time, anyone could see the depression on their brows.

"You guessed ...... right"

Stopping a waiter who walked by, Lin Xiaozhi took a glass of champagne, but only took a sip and swayed it in his hand, and his eyes glanced at the circle in the center of the venue in the distance from time to time and whispered. After Song Nianhui's guidance, he had already recognized several people in that circle, all of whom were real bigwigs in Hong Kong's financial industry

Song Nianhui smiled slightly, but did not speak.

Although it is famous in Hong Kong, it is now a hot giant in the entertainment industry. However, in the financial world, Lin Xiaozhi is not very famous, or he is not as good as Song Nianhui.

"Mr. Song, you're here too......"

"Mr. Song, I haven't seen you for a long time......"

No, after a while, there were already seven or eight people coming and going towards Lin Xiaozhi and them. Of course, although some people recognized him Lin Xiaozhi, most of them came to Song Nianhui.

"Lin Dong, let me introduce to you, this is Mr. Li Minqiao, the eldest son of Chairman Li Guobao of the Bank of East Asia......"

"Lin Dong, this is Wang Zuxing, the deputy manager of Dah Sing Bank......"

Under the recommendation of Song Nianhui, in just half an hour, Lin Xiaozhi exchanged business cards and contact information with more than a dozen people. Taking advantage of the opening of the cocktail party, everyone's attention in the venue was attracted by the Bank of China and his party who were debugging the microphone in the center of the venue, and Lin Xiaozhi breathed a sigh of relief. Compared with the financial circle, he is more accustomed to dealing with the entertainment industry with a strong grassroots atmosphere.

"See, it's not ......," Song Nianhui whispered beside him.

"Hmm" Lin Xiaozhi nodded, he understood what Song Nianhui meant, and although the people he introduced to himself included Hong Kong's small half financial groups, they all had one thing in common. That is, whether it is Li Minqiao, who came on behalf of the Bank of East Asia, or Wang Zuxing and others who came on behalf of Dah Sing Bank, most of them are just the nephews of some bank bosses in their later lives. Except for a few banks and groups close to the mainland, most of Hong Kong's financial bigwigs did not attend the scene in person.

So no matter what kind of medicine is sold in the Zhongyin gourd tonight, their purpose is destined to be unsuccessful.

Lin Xiaozhi silently looked at Song Lihui, chairman of the Bank of China, who delivered a speech with a strong smile in the center of the venue, and sighed silently in his heart. After the June storm, Hong Kong's elites, who had already been wary of the mainland, seem to be more wary of the mainland. To make matters worse, because the withdrawal of foreign capital has negated the 10-year effort of reform and opening up, the mainland itself is now setting off a wave of resistance against reform and opening up, and the conservatives are gradually gaining the upper hand.

Hong Kong people want to be more open, but the mainland can't give it, and this is exactly the barrier between the mainland and Hong Kong