Through the wealth life

Chapter 762 HSBC Shareholders
On October 10th, after nearly a month, there was finally good news for Xiangjiang, which made the citizens of Xiangjiang feel at ease.

As the news came, the rush to buy goods and foreign exchange in Hong Kong also began to decrease, and the exchange rate of the Hong Kong dollar to the US dollar also stopped at the peak of 8.6 and did not continue to fall.

The Hong Kong Monetary Authority also officially announced today that the Hong Kong dollar and the U.S. dollar will maintain a fixed exchange rate of 7.8 Hong Kong dollars to one U.S. dollar.

In Li Guangyu's office, Gan Qin came to Li Guangyu's office immediately after receiving the news, and reported the good news to him.

Tianyu Bank has been under a lot of pressure these days. As of yesterday, Tianyu Bank has exchanged more than 80 billion US dollars in just a few days.

If it continues for a few more days, the foreign exchange reserves of Tianyu Bank will fall to the warning line. Once there is a problem with Tianyu Bank, the entire Li Family Group will fall into a passive position.

These two news in succession are very good news for the Li's consortium. Only when Xiangjiang can maintain peace and stability can the Li's consortium be able to move forward steadily and rapidly.

And the Hong Kong government announced the implementation of a fixed exchange rate for the Hong Kong dollar, the foreign exchange run storm also dissipated, and the crisis of Tianyu Bank was also resolved.

This time, the major banks have just received the news from the Hong Kong Monetary Authority. Today, the major banks have temporarily suspended the exchange of foreign exchange. Starting tomorrow, all major banks that are eligible to exchange foreign exchange will exchange according to the newly stipulated exchange rate.

It is already four o'clock in the afternoon, and there is still an hour and a half before the major banks get off work. The suspension of foreign exchange exchange today does not have much impact.

The reason why the Xiangjiang Monetary Authority chose to implement a fixed exchange rate to maintain the stability of Xiangjiang while the good news about the situation in Xiangjiang came this time was also affected by the negotiations. They must maintain the stability of all sectors of Xiangjiang in order to have the next The possibility of negotiation, the mainland absolutely does not allow chaos in Xiangjiang.

Li Guangyu said with a smile: "The most difficult time for Xiangjiang has passed, now it's time for some of our groups to enter the venue, please inform the senior management of each group above level 05 in Xiangjiang to come to the second conference room at 30:[-] meeting."

Ganqin knew that after waiting for more than a year, it was time for them to make a move. Now the property market has reached a trough. Compared with the beginning of 82, even if you don’t take into account the change in the exchange rate this time, the prices in Hong Kong dollars are priced in many areas. The housing prices were fully reduced by half, and some people who were in urgent need of money even lowered their rooms by two-thirds, bringing the prices back to the prices at the beginning of 78 in one fell swoop.

Now Hengyu Supermarket Group rents most of the stores in Xiangjiang. This time they will definitely implement the policy in other regions, buy these stores and implement their own stores.

The Wheelock Group was even worse. Once one of the four major foreign firms in Hong Kong, some companies were merged by other groups under Lee's, and the shipping companies continued to shrink, resulting in a decline in the market value of the Wheelock Group.

In 82, Guo Qingya started the sales model again, which made the Wheelock Group continue to shrink in terms of real estate properties. Now the Wheelock Group does not have many properties at all, which makes their group a far cry from before. .

This time Wheelock Group will stage a drama of the return of the king. At the beginning, Li Guangyu injected 150 billion Hong Kong dollars into the group. In addition to the 50 billion used for the construction of Lisboa Jockey City and Southeast Asia, this time they have gone through this crisis. Afterwards, most of the HK$160 billion that has just been recorded will be used for property acquisitions.

Regarding the construction of the Wheelock Group Building, they will leave a part of the funds to ensure that the Wheelock Building can be put into operation on New Year's Day in 1986.

While Li Guangyu was happily thinking about his future development, in Shen Bi's office at HSBC, Shen Bi was full of anger and unwillingness.

In the past few days, he has contacted the director of the Monetary Authority, Colosse Deshaun, the governor, Yoder, and visited the chief of the administration, Bob Laken, hoping to delay the announcement of the Hong Kong dollar exchange rate.

It's a pity that his power alone is too small, and the Xiangjiang government can't make the decision here. After the fifth round of negotiations over there, this side followed the British government's decision and immediately announced the policy of maintaining Xiangjiang's financial stability.

This made Shen Bi hope that the plan to drag down Tianyu Bank could not be implemented. These days, even though Tianyu Bank conducted strict inspections on the documents, Shen Bi still arranged for personnel to exchange dollars at Tianyu Bank.

Just because he was worried that Tianyu Bank would find out, he deliberately made careful arrangements. These days, the people he arranged emptied Tianyu Bank of more than 20 billion U.S. dollars in foreign exchange.

What made Shen Bi more miscalculated was that he didn't know how much foreign exchange Tianyu Bank had. There were not many people exchanging it. Tianyu Bank's foreign exchange seemed endless, and there was no tension at all.

According to Shen Bi's thoughts, after Tianyu Bank's frantic exchange some time ago, it is already a scary thing to have 50 billion US dollars in foreign exchange in his hand. I didn't expect to exchange so much in the past few days, and there is still no gap in their foreign exchange.

Shen Bi knew very well that this time he might not be able to sit firmly in his current position. There was no problem with Tianyu Bank this time. His own operation had reduced the profits of HSBC Bank a lot. Those directors behind HSBC Bank would definitely dissatisfied with him.

While he was still thinking about something, the phone on his desk rang.

Shen Bi picked up the phone and said, "Hi, I'm Shen Bi, may I ask who you are?"

"Shen Bi, it's me, Stick."

As soon as Shen Bi heard that it was the call from HSBC shareholder Stick Sutherland, he knew that someone had already reported the HSBC incident to him.

HSBC was founded by Thomas Sutherland in the last century, and now the Sutherland family is at the helm of Stickk Sutherland.

"Xu Dalan, I don't know what's the matter with you calling at this time?"

As for Shen Bi's actions in the past few days, these shareholders are all aware that this operation is actually just a reduction in HSBC's profits. These funds belong to customers, and these customers exchange US dollars with them. Tianyu Bank to exchange.

Their HSBC is just working hard in vain during this period, only the loss of profits, not the loss.

It's just that these shareholders don't think so. This time, HSBC obviously knew the information in advance, and it can make money while lying down. In the end, all the profits were sent to Tianyu Bank, which made some of them have opinions on this.

Shen Bi's work ability in HSBC these years has been affirmed by HSBC shareholders. Under normal circumstances, these shareholders will not interfere with the policies implemented by Shen Bi.

It's just that now they have to ask. Not only has HSBC Bank not made much breakthrough in its development in the past two years, but it has made major mistakes in some places, which made them start to question Shen Bi's ability.

Stick Xiu Dalan said: "Shen Bi, please suspend all actions against the Li's consortium these days. Our major shareholders will arrive in Xiangjiang on October 10 to discuss the future development of HSBC. You You have to be prepared in your heart, some shareholders are already very dissatisfied with you, and at the shareholders meeting, there may be shareholders who propose to remove you from your current position."

Shen Bi replied: "Xiu Dalan, I will maintain the stability of HSBC in the next few days and wait for your arrival."

……

(End of this chapter)