Knowing that this mention was a bit sensational to them, the charter re-emphasized: "Confidence may be worthless or priceless in the financial market." The most important thing in finance is credibility, that is, the spirit of contract, if the government entertains itself in its own market, it not only violates the most basic spirit of contract, but also directly affects people's confidence in the Hong Kong market.

What's more, the Exchange Fund and the Land Fund belong to all Hong Kong taxpayers, so why should the HKSAR Government use them to defend the exchange rate, stock market, and futures market at any cost? ”

In the past few years, the economy has developed rapidly, and domestic foreign exchange reserves have reached an unprecedented $139.8 billion.

However, the possible outbreak of the crisis will also affect China, when the renminbi will face depreciation pressure, and it is impossible for China Y to take so much foreign exchange to risk.

Vice Premier Li took off his glasses and massaged the bridge of his nose, then put them on again and motioned for him to continue. The others showed an incredulous expression, they had never dared to think about it, after all, the vast majority of Chinese-funded institutions doing business overseas not only did not make money, but even suffered a lot of big losses.

Not to mention anything else, as for the Hong Kong branch of the New H Society, it applied for 100 million US dollars from Zhong Y in the past eight years, and by the time President Zhou took office, it had already lost everything.

It is very difficult to convince them to cooperate in robbery, and it is even more difficult to persuade them to ask the future SAR government not to be thankless.

Now that he has sat here, he is determined to work hard again, and while looking around at everyone, he said solemnly: "I think you know very well in your hearts that no matter what you do next, you will not be able to change the reality that Hong Kong's economy is in a depression. It's a dead end, so to speak. Since it is destined to die. Why not put it to death and give Hong Kong a chance to start over? ”

Vice Premier Li took a deep breath and asked in a low voice, "Mr. Zhang, can you be specific?" ”

"Absolutely."

The charter took a sip of water and analyzed it carefully: "For you, it may be a coincidence that this qiē happened at this juncture of Hong Kong's return to the motherland, and in fact it is indeed a coincidence. But in my opinion and that of my friends. Even if there is no such thing, and there are no such problems, Hong Kong's economy will also regress significantly in the next 10 to 15 years.

Because with the reform and opening up of the country and the rapid development of the economy, Hong Kong has become less and less important to the country, and it has lost its status as a transit point for domestic and foreign contacts, and regression is inevitable. In fact, Hong Kong's so-called prosperity in the past was only the result of too backwardness in the country, if there was no country. There is no reason why an isolated city like Hong Kong could become a global financial center. ”

The economy is gradually becoming more globalized, and many multinational companies have set up their Asia-Pacific headquarters in BJ or Hujiang. Hong Kong's geographical advantages have become less and less obvious, and everyone, including Vice Premier Lee, has to admit that there is some truth in the constitution.

"There are external factors as well as internal causes of recession. Take the once glorious Hong Kong film as an analogy, 92 years ago, Hong Kong films accounted for a large share of the Southeast Asian market, and even stood shoulder to shoulder with American films. It's a pity that the industry as a whole doesn't have the slightest sense of crisis, indulging in this boom, not knowing that during the same period, American cinema has undergone a seismic reinvention of itself.

The American blockbuster "Titanic", which is being screened around the world, set a huge wave and set a global box office record of 2.1 billion US dollars, while the Chinese film champion "A Good Man" in the Hong Kong market is only 45 million yuan. ”

The charter stared at Vice Premier Li and continued: "The same is true for the manufacturing industry, those small and medium-sized enterprises that have moved to China, due to the advantages of land and labor costs, and the urgency of production line upgrading and technology research and development, have opened a big gap between South Korea, Singapore and Taiwan.

So from this point of view, the emergence of a crisis is not a good thing, nor is it a bad thing, and it can be used as an opportunity to be reborn in Nirvana. ”

Hong Kong's nearly $100 billion foreign exchange reserves and land fund are not left behind, but are used to ramp up infrastructure, boost the economy, provide jobs, and vigorously support Hong Kong's economic transformation, as he and his NB Electric called for a few years ago.

Although Vice Premier Li is not in charge of the economy and is only here tonight at the becested request of a few bigwigs, as one of the leaders, he has always been very concerned about Hong Kong and is not ignorant of the situation in Hong Kong.

After listening to the heartfelt words of the charter, he said thoughtfully: "Mr. Zhang, in the long run, these proposals you put forward are very stable. The key is that we think not only about the future, but also about the present. You must know that the hundreds of billions of losses predicted by the financial and economic group are still conservative estimates, and once the situation gets out of control, it will inevitably bring about a series of social problems. ”

It was indeed a dilemma for him, but he still insisted on his view that after a storm, he still insisted on his view that Southeast Asia's economy was developing rapidly after the storm and Hong Kong's economy was slumping.

He put down his glass and said eloquently: "Vice Premier Li is right, but we should also note that Hong Kong's foreign exchange reserves of US$69.7 billion, plus the land fund managed by the HKMA's separate account, have a total value of US$82 billion, ranking fifth in the world." Moreover, Hong Kong is one of the few regions in the world that does not have foreign debt.

This is different from other Southeast Asian countries such as Thailand, Indonesia, the Philippines and South Korea, not to mention the strong domestic backing behind them, and the situation cannot be worse. Of course, it is not that in addition to defending the exchange rate, the stock market is really sitting idly by, and it is completely possible to compile a list of must-haves and support the market at a critical moment and at the right price. ”

The must-save list and the right price point are two key words that are very intriguing.

Thinking of the report he just saw in the afternoon, the leader of the People's Bank of China couldn't help but ask: "Mr. Zhang, I noticed that NB Electric is selling off the shares of Hong Kong companies that have been cross-held for several years, I don't know what Mr. Li and Mr. Gu think about this?" ”

Knowing that continuing to hold the stock price will shrink significantly, it would be a fool not to sell, in fact, not only Wu Jinhua made the decision to sell on the last day of his term as president. Xinsheng Investment is even at a high of more than 15,000 points in the Hang Seng Index. Using dozens of accounts secretly established a few years ago, he sold Hong Kong stocks on a large scale.

The charter was not surprised. Mr. Li and Mr. Gu and other Hong Kong tycoons did not call him on this matter, and when the leaders of the People's Bank of China mentioned the matter, he said casually: "Selling the shares of Hong Kong companies is a corporate act, and I don't know and will not ask about it, as for Mr. Li and Mr. Gu and other old-timers in the Hong Kong business community, as early as last year's Nobel dinner, I talked to them about their worries about the Hong Kong property market and stock market." ”

Preparations were made last year, and the leaders of the People's Bank of China were completely convinced. couldn't help but smile bitterly: "Mr. Zhang, you are really taking precautions." ”

"It's not a rainy day, it's just that the company's management is better at listening to experts' opinions, and it has more of a sense of crisis than other companies."

People haven't had dinner yet, and Vice Premier Li is very upset, so he simply asked the last question: "Mr. Zhang, after I go back, I will report to the Central Y and the National Council of the People's Republic of China, what I want to know now is that once the crisis breaks out and spreads to Hong Kong, can Xinsheng Investment, Diamond Capital and NB Bank provide some help to the SAR government within their capacity?" ”

Mr Ng will be the Chief Secretary for Administration of the first-term HKSAR Government. NB Electric should not fall into the ground, but it is difficult to say about Xinsheng Investment, Diamond Capital and NB Bank, which have complex equity and funding sources. You can't ask them to give up their high returns and not take advantage of the fire, and you can't ask NB banks not to lend to international hedge funds, because they are responsible to shareholders.

Compared with these three wealthy investment banks, Soros can only be regarded as a "little crocodile".

In particular, Diamond Capital, under the management of Prince Mateb, has become the closest partner of the Bank of Iran, which is independent of the mainstream financial industry, and because of its impressive performance in venture capital and stock futures investment in the United States, as long as His Royal Highness the Prince is willing, he can raise tens of billions of dollars at any time, and he is doing business in partnership with the bank, and he does not even have to pay interest.

How could the charter not hear the meaning of his words, and immediately smiled: "At this point, Vice Premier Li can rest assured, the world is big, and there are many investment opportunities in the future, I think President Ding, His Royal Highness the Prince and Zimmerman will not only focus on Hong Kong." ”

He said that he would not just focus on Hong Kong, not that he would not attack Hong Kong's idea.

Vice Premier Li was very disappointed, and was silent for a while before asking: "Mr. Zhang, can't you exert a little influence like you did when you bid for the Olympics?" ”

To everyone's surprise, the charter actually said bluntly: "It's not that I don't want to help, but it makes no difference whether I help or not." If anything, it is that money that is made by us and by international hedge funds and international speculators. In short, Hong Kong is likely to become an 'ATM' in the future, and we will use it for science education and charity when we withdraw it, and they will really be gone." ”

robbed while the fire was fired, and the robbery was justified, and he could do this kind of thing.

Everyone was completely speechless, and Vice Premier Li realized that he couldn't talk about anything anymore, so he simply got up and said: "Mr. Zhang, it's time for me to fulfill my promise, let's go, let's go to the restaurant to make up for the celebration banquet in Monte Carlo. ”

The deputy prime minister invited a treat, and the charter naturally could not be refused. Several other participants were in a hurry to go back to report to their superiors, and Director Zheng was alone in the huge box.

There were no outsiders, Vice Premier Li held the wine bottle and joked uncharacteristically: "Mr. Zhang, you can't tell the truth less, at least don't say it in front of me." ”

Zheng Ming glared at him fiercely, and echoed angrily: "Yes, you can do what you want, why do you have to say it?" ”

The charter took the cup and said with a smile: "Soros once said something about this, he thinks that in terms of financial operations, it is not moral or immoral, it is just an operation. The financial market is not moral, it is not immoral, morality does not exist there at all, because it has its own rules of the game.

Since Xinsheng Investment, Diamond Capital and NB Bank are participants in the financial market, they should play this game according to the established rules, as long as they do not violate the rules, I think there is nothing wrong with it, and I will not feel guilty or responsible. More importantly, looking at the current state of the Southeast Asian economy, I don't think the hype will play any role in the outbreak of the crisis, and it will happen without hype. ”

The NB department has cooperation with China, but there are also contradictions.

Even the NB real yàn room is the same, and there are always scandals in scientific research in domestic colleges and universities from time to time. During the Spring Festival, NB Electric set off an "anti-commercial bribery" storm within the company. It has made the country very passive.

But overall. There are more cooperation than contradictions, and those contradictions are all specific matters, and they do not involve politics or ideology. And not only did he donate all his personal assets to the foundation, but he didn't even bother with the company's affairs, and if he told a few big truths, it would not affect other people's opinions of him.

Vice Premier Li nodded and beckoned him to eat. While asking curiously: "Next, how much money will Xinsheng Investment, Diamond Capital and NB Bank use?" ”

The imminent outbreak of the financial crisis will affect many Southeast Asian countries and regions, including South Korea and Taiwan, and some are speculative opportunities, and the more the demand for funds, the better.

And this issue will have a direct impact on the determination of the China N Sea and the NB Department to take advantage of the fire to rob, and the charter has nothing to hide, saying lightly: "It will not be less than 50 billion US dollars, and if necessary, it can also raise some more from the banks of the Gulf countries." ”

Director Zheng was stunned by this number. The letter asked suspiciously: "50 billion is all its own capital?" ”

"To be exact, it should be the own capital of the three major financial investment institutions, and my wife's foundation and I only hold about 78% of it."

There are more than $30 billion worth of assets in the three major investment institutions alone. If the shares of NB Electric are counted, wouldn't his net worth exceed $70 billion?

Vice Premier Li was secretly frightened, holding a wine glass and sighing: "Mr. Zhang, your personal assets are almost up to Hong Kong's foreign exchange reserves, no wonder Forbes thinks you are the real richest man in the world!" ”

The charter smiled and said: "When the assets exceed 100 million, the money becomes a number, and all that follows is trouble, so for me, it doesn't matter if the richest man is the richest man or not." ”

"Yes, come, I respect you, thank you for helping BJ win the right to host the 2000 Olympic Games."

"That's the result of the concerted efforts of all the members of the Olympic Bidding Committee and the Auxiliary Bidding Committee, and I don't dare to take credit."

"Anyway, let's do this first."

"Okay."

After drinking all the regulations, he immediately picked up the chopsticks and said: "Vice Premier Li, Director Zheng, after the return of Hong Kong, I will go abroad for a period of time, NB Electric I have nothing to worry about, and please take care of the NB room as before, because the next few years will be too important for the real room." ”

Vice Premier Li is in charge of science, education, culture and health, and is well aware of the series of breakthroughs made by the NB Office in the application of technology, and is very aware of the importance of the projects being developed to the country. ”

"Thank you so much."

Zheng Ming didn't understand that he was always hiding far away, and couldn't help asking: "The articles of association and assets have been donated to the foundation, and the opinions of the top and bottom are also very good, and you are going abroad when you come back, what are you worried about?" ”

Distance produces "beauty", and getting too close is not a good thing.

Mr. Li's experience from the past is there, and he doesn't want to repeat the mistakes of the past, so he said with a smile after eating the food in his mouth: "I believe the two of you have noticed that although NB Electric's overseas investment has increased in the past few years, the main factories are moving to China." This is not a long-term solution, especially when it comes to some sensitive dual-use technologies, which are likely to be questioned.

So it's better to be abroad than in Hong Kong, and it's better to stay in Hong Kong than at home, and when the NB room can really get on the right track, there is no need to have so many worries like now. ”

His "Science and Education Foundation" seems to donate not much in China, only a few hundred million yuan a year, which is the same as donations in African countries, but it has spared no effort to donate to the NB real room, which has reached 80% of the total funding! And a large part of it is used in the center of the real yàn.

In the past few years, hundreds of young scientists have been trained for China, and more than a dozen of the first batch of graduate students and practitioners recruited in China have become professors or associate professors at QH and B universities.

Thinking of what he had done for the country, Vice Premier Li raised his glass again and said: "Mr. Zhang, those who know your heart know your worries, and those who don't know your heart know what you want, I would like to toast you again and thank you for your outstanding contributions to China's science and education." ”

"Thanks, that's what I'm supposed to do."

While eating and talking, he naturally talked about Hong Kong again, Director Zheng put down his chopsticks and asked expectantly: "Charter, there are no outsiders here, tell me from the heart, what do you think about the future of Hong Kong?" ”

The charter pondered for a moment and whispered: "If there is no rapid transformation, the economy will be worrying; If the ruling team is not effective, it will inevitably bring about a series of social problems in the case of regression in economic development, and frankly, it is very unoptimistic. ”

"Is it okay to have Mr. Wu Jinhua here?"

On the issue of Hong Kong, Zhong Y is a very failure, only knowing how to win over those rich people, not thinking much about the interests of the people at the bottom, coupled with improper employment, burying one after another timed Z bombs.

The charter sighed lightly, shook his head and said: "The key is that Mr. Wu is not the chief executive, and he can't play normally at all." At the same time, he will also encounter resistance from outside the government on some issues, especially when it comes to the vital interests of real estate tycoons, even if we want to help. ”

Real estate tycoons are either members of the CPPCC Standing Committee or CPPCC members, CPPCC members or Hong Kong affairs advisers, and people support BJ on the issue of return, and they must get corresponding rewards.

GCD has never been sorry for its friends, let alone leaving a bad reputation of sorry for its friends, how could Vice Premier Li not know what he meant, and sighed helplessly: "We must not only take into account the overall situation of reform and opening up, but also find ways to ensure the prosperity and stability of Hong Kong, and it is also very difficult to be in some issues." (To be continued......)