"Sister Zheng, I'm not sitting idly by, but I don't know how to pay attention."

Husband is flowery, attracting bees and butterflies outside? This kind of thing is normal and normal, and it is not normal to say that it is not normal, not only is he not an emotional expert, but the marriage of later generations is also very unsuccessful, and he really can't give any good advice about the marriage crisis faced by Zhao Xiaoyun.

Zhao Xiaoyun was extremely embarrassed, and without waiting for Zheng Aifang to speak, she said eagerly: "Zhang Gong, Aifang, you don't have to worry about my business, this time I just came out to breathe and change the environment to calm down." ”

"Calm down, when is it cold?"

Zheng Aifang made up her mind on the way to the hotel, stared at the eyes of the charter, and said with anticipation: "Zhang Gong, it's not a matter for Xiao Yun to stay here, the company is so busy, working overtime almost every day, how can I have time to take care of her?" So I thought, let her go to Hong Kong to relax. ”

Whose friend is responsible, the charter thought it was true, and immediately agreed: "This is a good idea, Sister Xiaoyun, you haven't seen my second sister and Sister Zhu Hui for several years, just get together and talk about sisterhood." ”

Afraid of something, she actually wanted to send herself to Hong Kong, Zhao Xiaoyun was anxious, shook her head again and again: "I can't speak Dongguang dialect, and my English is not good, it is better to stay in Andong if I am not familiar with life, besides, I don't even have a passport, how can I go?" ”

Zheng Aifang secretly scolded for wanting to save face and suffer the crime, and said lightly: "If you can't go to Hong Kong, you can go to the Special Administrative Region, Zhang Lin and Zhu Hui often go back, and besides, others can't go to Hong Kong without a passport, it doesn't mean that you can't go without a passport, no matter where you want to go, it's not a matter of Zhang Gong's words?" ”

"No...... No. I really don't want to bother them. ”

Four sisters and three sisters remained. The second sister has always felt very regretful. Even more than once to review themselves, what exactly did they do wrong. The charter didn't want to miss this opportunity to reunite them, so he waved his hand and said categorically: "Sister Xiaoyun, it's so decided, they all said that they are their own people, what's not troublesome?" As for the passport, I'll go back and talk to Mr. Li on the phone. He has many friends and acquaintances in China, and he should be able to do it soon. ”

When people talk about this, it would be hypocritical to make excuses, Zhao Xiaoyun had mixed tastes, and was silent for a while before he said, "But...... But...... But what can I do but make trouble for them? ”

Finally bowed her head, Zheng Aifang almost burst into laughter, put the dishes she had just picked up into the bowl, and said quietly: "Don't worry." When you arrive in Hong Kong, you're busy, isn't the boss about to give birth? Her mother is sitting and dizzy, and she can't go to Hong Kong at all. The relationship with my mother-in-law is not very good, and I am worried that no one will take care of it. ”

The charter smiled and agreed: "Sister Zhu Hui's birth of a baby is a big deal, if you don't go, my second sister will have to ask for leave." ”

He persuaded here, Zheng Aifang had already dialed Zhang Lin's mobile phone, and his younger brother was sitting next to him, and he couldn't answer it if he wanted to, listening to the sincere invitation of his good sister on the other end of the phone, Zhao Xiaoyun couldn't hold back anymore, and covered her mouth and suddenly cried.

The accompanying graphite team members will return to Hong Kong tomorrow, and Anton has no direct flight to Hong Kong, so he can only fly to the Special Administrative Region, and then take the real Yàn center bus to the Clear Water Bay Peninsula. The charter simply asked Lian Yuangao to book another air ticket, so that she could go with Xu Jiajiao and them, saving her a lot of dreams at night.

This is just a small episode, and the work cannot be delayed because of this.

A week after sending them off, the charter visited NB Chemical, NB Electric Complete (Anton) Co., Ltd., NB Medical Andong Branch, the only domestic listed company in the NB series and the NB system, as planned.

It was late at night on May 8, and as soon as he walked out of the airport, You Ruiqin, vice president of NB Electric (China) Company and chief representative of NB Electric BJ Representative Office, who had only taken office at the beginning of the year, said in a low voice: "Zhang Gong, an hour ago, the Boeing 737-300 passenger plane of China Southern Airlines, which carried out flight 3456 from Qingzhong to the Special Economic Zone, crashed during landing. You are on the plane, your mobile phone can't get through, and Chairman Wu and President Powell can only contact me, and they hope that you will not take the plane as much as possible on the next trip. ”

There was another plane crash, and the charter was taken aback, and hurriedly asked, "Are there any casualties?" ”

"What just happened, there is no relevant report in the domestic media, and the specific situation is not very clear."

It's really eventful, the charter sighed secretly, held on to the car door and said, "Got it, I'll rearrange the itinerary when I go back, and try to rush back at the end of June as much as possible." ”

Ushering in the style of sending to NB Electric, You Ruiqin, the vice president of the Chinese company, ran to the airport, obviously not just to report the unfortunate news, she closed the door of the business car, and said next to the charter: "Zhang Gong, your itinerary in China is not a secret, these days, the Chinese Academy of Sciences has called me several times, and they hope that you can take some time to go after you arrive in BJ." ”

"The Chinese Academy of Sciences is looking for me?"

"To be exact, it should be Director Zheng, it sounds like a hurry."

Tengxi's microphone went to charity, but the real yàn center wouldn't help him pass the word, so he could only find the BJ representative office under his nose. In the past three years, he kept his promise and never looked for himself, and the charter realized that it must be related to what was being discussed at the center, nodded and said, "Got it, I'll call him." ”

Zheng Ming was even more anxious than he imagined, as soon as he arrived at the China World Hotel, before he could put down his luggage, Director Zheng and his friends had already arrived.

"It's not convenient to talk here, let's go upstairs to the conference room."

Director Zheng did not introduce or be polite, which made the charter very surprised, glanced back at the three attachés behind him, and asked with a puzzled expression: "Is there anyone else in the conference room?" ”

"An old friend from the Olympic bid, in order to see you, temporarily postponed a foreign affairs activity."

The charter was stunned for a moment, but immediately reacted, and couldn't help shaking his head and saying with a wry smile: "Director Zheng, about our concerns, Director Chen should convey them very clearly, except for a reminder and recommending someone to the SAR government, I don't think we can do anything else." ”

We didn't see each other much, but the friendship was not shallow, Director Zheng asked very casually like an old friend who had been reunited for a long time: "You guessed it?" ”

"What else could be going on but that? For BJ, after all. Recovering Z is just the beginning. It must not be left to the outside world under British administration. Hong Kong people can live and work in peace and contentment. After returning, the impression of suffering is unspeakable. ”

Director Zheng nodded heavily, walked into the elevator and said, "The bystanders are clear, so I want to listen to your opinion." ”

"My opinion is not important, it is the expert opinion that matters."

The reason why the "Tiger Fund" and the "Quantum Fund" have been able to mix well is entirely because they have recruited many first-class analysts from Wall Street and can bet in the right direction at the turning point of the financial market; Most hedge funds, on the other hand, don't have a lot of analysts, and usually rely on the securities analysis power of investment banks.

NB is "Xinsheng Investment", "Diamond Capital" and NB Bank. It has no fewer star analysts than the "Tiger Fund" and the "Quantum Fund". In the past four years, in the case of the charter without opening a "golden finger", it has also achieved good results.

Thinking of those supernatural economists, Director Zheng smiled helplessly and said: "The problem is that there are too many experts, and everyone has their own opinions, and even doubts your concerns. There is a team of the world's first-class analysts. ”

As early as December 1994, after the Mexican financial crisis, some economists pointed to a possible financial crisis in Southeast Asia. Krugman, a professor at the Massachusetts Institute of Technology in the United States, pointed out that the Southeast Asian miracle does not come from the growth of total production capacity, but is due to excessive input, excessive investment, excessive capital inflow, and excessive artificial capital output, and the so-called "economic miracle" formed under this model will not last long.

In September 1995, Professor Lawrence Lau of Stanford University in the United States, and in August and October last year, economist Goldstein of the International Monetary Fund and Tse Wai-chang, dean of the Hong Kong Business and Management College, pointed out that financial crises may occur in Thailand, the Philippines, Malaysia, and Indonesia......

Regrettably, these pertinent views have not been taken seriously by the countries concerned, economic problems have not been resolved effectively and in a timely manner, and economic imbalances have become more and more serious.

It's normal to have doubts, otherwise how can the NB department have the opportunity to take advantage of the fire to rob.

The charter smiled and asked quietly: "Since you are skeptical of our concerns, why did Vice Premier Li make a trip in person?" ”

"I don't know the specific situation, and I'm not in the economy, if it weren't for Vice Premier Li in a hurry to see you, I wouldn't even know there was such a thing."

It turned out that he was just a middleman, and the charter did not gnaw again.

Walking into the conference room, I saw Vice Premier Li, who had cooperated with BJ's Olympic bid, got up with a smile and greeted him, his demeanor was still the same, and his appearance did not seem to have changed at all. In addition to him, there were more than a dozen leaders in the meeting, who were looking at him with curious eyes.

"Hello Vice Premier Li."

Vice Premier Li clasped his hand and said excitedly: "Mr. Zhang, after four years, we will meet again. ”

The charter smiled: "Yes, time flies so fast, if I remember correctly, you still owe me a celebration wine." ”

"So as soon as I heard that you were coming to BJ, I asked Comrade Zheng Ming to arrange it on my behalf, you are a busy man, and it is more difficult to invite you to a meal than to invite the Secretary-General of the United Nations!"

"Jokes, jokes, respecting the old and loving the young is the fine tradition of our nation, and it should be up to me to invite you."

I haven't seen him for four years, and he is much more mature and free than when he bid for the Olympics, Vice Premier Li is no longer polite, and while beckoning him to sit down next to him, he said with a smile: "Mr. Zhang, since you have arrived at BJ, this meal will definitely not be able to run away, no matter whether I invite or you invite." But before drinking, I still have some questions to ask you, and on behalf of the Central Committee of the Communist Party of China and the National Council, I sincerely hope that we can have a close cooperation like the Olympic bid. ”

"I can't talk about asking for advice, as long as I know, I will definitely know everything, and I will say everything. As for cooperation, it depends on what it is, after all, you know my personal situation very well, and if it's science and education, I don't think there should be any problems. ”

And as before, he never said anything to death, and he didn't make any promises lightly.

Vice Premier Li knew that since he had given Chen Zhenghuai a wake-up call, he would never sit idly by, so he said straight to the point: "Mr. Zhang, these comrades are from Office Z, Office G, Hong Kong and Macao Office, CICC, and Ren M Bank, and I invite them to meet you tonight. Just wanted to hear about your views on Southeast Asia. In particular, Hong Kong may have economic problems. The future of Hong Kong is at stake. I can't help but ignore the central government. ”

As soon as Vice Premier Li's voice fell, a leader from the People's Bank of China said solemnly: "Mr. Zhang, frankly speaking, when we first received the Southeast Asian economic analysis report forwarded by the State Council, we had many doubts about this, or that, but the financial speculation simulation confrontation conducted by the financial team with President Xie and other economists at the Guishi Center made us truly aware of the seriousness of the problem.

If there is no reminder from you. If you don't prepare for a rainy day, the consequences will be unimaginable. On behalf of the People's Bank of China, I would like to express my heartfelt thanks to you, and sincerely hope that you can give us some valuable advice, especially if the SAR Government can save the market when a crisis really occurs. ”

Economics is a very special science, and if you want others to agree with your own opinions, you must not only present facts and reason, but also verify them by means such as establishing economic models.

In order to make the experts of the financial group really pay attention. Xie Weichang not only organized all the senior experts of the Economic Development Center of the Hong Kong Institute of Business Administration, but also received the full cooperation of the Digital Research Center and the Computer Center of the Real York Office. Even the "Aurora 3" supercomputer, which was launched last year, was put to use.

Tse Wai-cheong played the role of the blue side in the confrontation, operating in the Hong Kong market in the order of first shorting some stocks, then shorting interest rate futures, then shorting HSI futures and options, then shorting Hong Kong dollar futures, and finally shorting a large number of Hong Kong stocks, leaving international speculators with the inherent defects of Hong Kong's asset bubble and the LERS, leaving international speculators with four major loopholes: short selling Hong Kong dollar futures, short selling Hong Kong dollar interest rate futures and Hang Seng Index futures, selling Hang Seng Index options, and short selling Hong Kong stocks.

The future Financial Secretary and the Hong Kong Monetary Authority of the SAR Government have been overwhelmed by their "attack", and until now they have not been able to come up with a set of practical and effective response plans.

Although the charter was not at the scene, he was able to imagine how shocked BJ and the future SAR government officials were by the process and outcome of the confrontation, he pondered for a moment, raised his head and said: "Thank you for not needing, because I not only hold a Hong Kong passport, but also fully enjoyed the dividends brought by the rapid development of Hong Kong's economy in the past few years, and at the same time, we have also received billions of Hong Kong dollars of funding from Hong Kong taxpayers, which can be said to be what I should do." As for whether the SAR government can bail out the market if a crisis does occur, my economist friends and I also have huge differences. ”

"Disagreement?"

"Yes."

Vice Premier Li led so many people to visit late at night, so that the charter realized that today's secret meeting was likely to affect the future of Hong Kong, and looked at the way everyone looked at each other, and continued with great solemnity: "As we all know, Hong Kong is a dazzling economic pearl on the economic map of the world. For nearly half a century, the Hong Kong government has pursued a policy of near-zero intervention in the market and low taxes, which has earned Hong Kong the title of the world's freest economy, and continues to create one wealth miracle after another.

As a world-renowned financial center, Hong Kong has established a complete financial system to cope with international competition, and the reason why it has lost so badly in the financial speculation confrontation is largely due to its own problems, such as the extremely dangerous real estate bubble and irrational stock investment. ”

How could the leaders of the People's Bank not know this, but still asked: "Mr. Zhang, do you think the SAR government should not save the market?" ”

The charter does not directly answer this question, but says meaningfully: "I believe you have noticed that NB Electric has repeatedly reiterated that the rule of law is a core value of Hong Kong in its anti-commercial bribery campaign. I would like to add here that the existing liberal economic system is the core element of Hong Kong's ability to become the world's third largest financial centre.

It must be admitted that once the crisis comes, many people will go bankrupt overnight, many people will not have jobs, no food, etc., which will bring about a series of problems such as high unemployment. But can the bailout solve these problems, I don't think so, maybe it can't even play a role in alleviating, at most it is to keep the Lianhui system.

The SAR government's bailout of the market is tantamount to being both a referee and an athlete, and even violating the currency board system, which will make Hong Kong a market without credit, which will lead investors to withdraw and the economy to be unable to afford it, so I think we should take a longer view, after all, there is a contrast between each other.

If, ten years from now, Hong Kong has clearly regressed in all aspects, and other Southeast Asian countries and regions that are also in crisis, or even stricter than Hong Kong, are experiencing rapid economic development, then the merits of these decisions will be clear at a glance. ”

Hong Kong's economy is now very strong!

Foreign exchange is the third in the world, the per capita GDP surpasses Britain, France, Germany and Italy, and the investment in the country accounts for more than 40% of the total foreign investment. ”

As a small and open economy, Hong Kong does not control and cannot control the money supply, and the only goal of monetary policy is to keep the exchange rate stable.

The experience of the past few decades has proved that the LERS can effectively control the growth of the Hong Kong dollar money supply and maintain the basic stability of the value of the Hong Kong dollar. It can improve the ability of Hong Kong's financial system to withstand political and economic shocks and international financial shocks, reduce the instability in economic activities, reduce the risks and transaction costs of various economic activities such as trade and investment, and promote the development of international trade and the flow of international capital.

Although this kind of policy, which is constrained by the United States and has lost its monetary independence, cannot represent the equilibrium exchange rate of Hong Kong's economic development, cannot reflect the changes in Hong Kong's economic development, and cannot even adjust the balance of payments, it is the foundation for Hong Kong's prosperity.

The charter also believes that it must be preserved, so the conversation changed: "Vice Premier Li, it is not necessary for the SAR government to enter the market to maintain the exchange rate, as long as the central government is determined, I believe that Chinese-funded institutions in Tongguò can play an important role in the future offensive and defense." ”

"It's easier said than done!"

Vice Premier Li shook his head and sighed: "If international hedge funds really target Hong Kong, the funds that can be used may be hundreds of billions of US dollars, plus ten or even twenty times the leverage, and the little foreign exchange reserves in China may not be heard." ”

There are still nearly two months, and there is still time to make a difference, and after weighing it, he suddenly asked: "How much can Zhong Y get at most?" ”

"What do you mean?"

"You have all read the Southeast Asian economic analysis report forwarded by Deputy Director Chen, and you have noticed that the crisis is likely to break out in countries such as Thailand and Indonesia first, which means that if we can take necessary measures, we can completely pass on some of the risks, to put it bluntly, we can use other people's money to protect Hong Kong's exchange rate."

After a pause, he continued: "The time may be a bit rushed, but if you have enough capital, I believe you can make a lot of money before the crisis spreads to Hong Kong." Of course, you have to pay attention to the way to do it, and we can help with that.

In addition, we should make some preparations in other aspects, such as formulating some preventive measures immediately after the crisis breaks out in other countries or regions, and do things first, and in accordance with the legislative process, and cannot give authority to others. (To be continued......)