When he came to the private room, Huo Qixuan felt a serious atmosphere.
It has a very solemn feeling.
The private room is large and is a huge living room with separate sofas around it.
This should be the place where the assembly will be held~.
Wang Zhigang guided Huo Qixuan to a tea restaurant, and as soon as he entered the door, Huo Qixuan was stunned.
"Xiao Xuan, you're here. Huo Ying-dong looked at him with a smile.
"Grandpa, why are you ......" Huo Qixuan was surprised.
He had no idea that Huo Yingdong would also come.
"Come and sit down!" Huo Yingdong waved at him, and Chen Tianyou sat on the side and looked at him with a smile.
After Huo Qixuan sat down, Huo Yingdong said:
"Don't be too surprised, this meeting is confidential, even if it is said on the phone, when President Chen asked you on the phone, he only used the reason of talking about business, and did not say the real situation.
You haven't been home for a few days, so Grandpa hasn't told you.
Originally, with your qualifications, you were not qualified to participate in this meeting, but President Chen strongly recommended you, and with my guarantee, you can attend the meeting and observe, and you can listen carefully and don't talk later.
"
Huo Qixuan nodded, he vaguely guessed what this meeting was for.
After waiting for a while, everyone made their way to the huge meeting room.
In the living room, there were eight people communicating in a low voice, and when they saw Huo Qixuan, they were only slightly surprised, but soon smiled and nodded towards Huo Yingdong.
Wang Zhigang guided everyone to their respective positions.
Huo Qixuan is not qualified to sit on a separate sofa, but there is a small stool that is placed next to Huo Yingdong's sofa, and that is his position.
Huo Qixuan is too young, and the people here are basically over forty or fifty years old, so he is an incompatible kid, and it is already an exception for him to be able to audit.
Huo Qixuan was not angry because he was despised, nor was he qualified to be angry, and he was able to observe a meeting of this level at such an age, which in itself was a great importance.
This meeting, unlike the previous small meetings that the chief executive invited them to attend with the four major families, was obviously of a higher standard and more confidential. If it weren't for Chen Tianyou's recommendation and grandfather's guarantee, he would not be eligible to participate, after all, it involves the mainland.
After sitting down, Huo Qixuan observed those people.
He kept Huo Yingdong's explanation in mind, didn't speak, just listened quietly.
From the content of their conversation, Huo Qixuan learned their identities.
Two are vice governors of the central bank of the mainland, and three are principals of the largest securities firms on Hong Kong Island.
The other two are the Chief Executive of the Hong Kong Island Monetary Authority and the Financial Secretary of Hong Kong Island.
The last one is the chairman of the Hong Kong Securities and Futures Commission.
These people are the top voices in the financial field on Hong Kong Island.
After a while, a person walked in hurriedly, and everyone got up to greet him.
"Everyone, please be seated!" the Chief Executive walked over to the main seat and sat down, smiling and greeting everyone.
After a brief pleasantries, they got down to business.
To put it simply, it is to study the problem from all sides and jointly respond to the attacks of international speculators.
Another is the Hong Kong government's decision to intervene in the market.
In this way, the exchange rate of the Hong Kong dollar can be preserved, and it is hoped that the stock market and the futures market will not be affected.
But it's not easy to do, and it's very risky and stressful.
Hong Kong Island's economic prosperity depends on the principle of the free market.
If these principles are undermined, there is a high risk that they will lose their vitality in the financial markets as a whole.
Secondly, in the Basic Law, there are explicit regulations prohibiting the imposition of foreign exchange controls on Hong Kong Island.
In the previous confrontation with international capital, Hong Kong Island has been criticized by international public opinion.
If it directly intervenes in the stock market at this time, it will exacerbate its confidence crisis.
In addition, there is no rich experience to refer to the government's approach to entering the market.
What is the process of entering the market?
What are the operational and legal risks? (If you read a violent novel, go to Feilu Novel Network!)
Where is the bottom line for intervention?
What are the possible contingencies and how to deal with them?
If you fail, what will be the consequences?
The two deputy governors of the central bank of the mainland conveyed the mainland's wishes to support Hong Kong Island in maintaining its prosperity and stability at all costs, supporting Hong Kong Island in maintaining the linked exchange rate system, and insisting that the red currency should not be depreciated.
Huo Qixuan knows that this is more than just a slogan.
At a time when Hong Kong Island's economy is suffering a heavy blow, international speculators are also building momentum, claiming that the red currency will depreciate, otherwise China's economic development will be difficult.
At the same time, the weakening of the yen and the sharp depreciation have indirectly increased the burden on the red currency and the Hong Kong dollar, and many investors and citizens have panicked and exchanged for dollars at high prices.
Today, on the black market, the exchange rate of the US dollar to the red currency was even as high as 9.2 at one time.
If the red currency can't withstand the pressure and really depreciates, it will undoubtedly make matters worse for the Hong Kong dollar, and it is likely to shake the linked exchange rate system of the Hong Kong dollar.
Therefore, the central bank of the mainland must adhere to the exchange rate of the red currency and cannot be shaken.
Doing so would give more confidence to the Hong Kong government and investors.
In the end, everyone agreed,
Chen Lin, Chief Executive of the HKMA, looked at the three securities tycoons and said:
"Then please three of you, please open a trading account for stocks and futures, and cooperate with the Hong Kong government's market entry action. "
The three securities tycoons nodded one after another, expressing their full cooperation.
After the account is opened, the Hong Kong government will use more than $90 billion in foreign exchange reserves to rescue the market.
At the same time, with the support of the two deputy governors of the central bank of the mainland, all Chinese-funded institutions on Hong Kong Island have gone all out to support Hong Kong Island's disk protection action.
When the meeting was over, all the guests were sent off. The chief executive looked at Huo Yingdong:
"Mr. Huo, thank you for your support. "
The cooperation between the Fok family and the Hong Kong government is very perfect, and a large number of British assets have been acquired, and now the Hong Kong government really dominates the education, culture, energy and other asset projects on Hong Kong Island.
"You're polite first, you should be. Huo Yingdong said with a smile.
"Xiao Xuan, thank you for delaying time for us, before we couldn't directly intervene in the market, we could only turn to private capital, your 200 million dollars gave us a lot of help. "
"First of all, I'm polite, I'm also from Hong Kong Island, this is what I should do. Huo Qixuan said.
Several people exchanged a few words with each other, and the chief executive left first because he still had something to do.
Huo Qixuan sent Huo Yingdong downstairs, watched him get into the car, and waved goodbye to him.
He can't go back himself, and he needs to go back to the company to guard.
Like the previous life, the Hong Kong government finally chose to intervene in the market, which was completely expected by Huo Qixuan, and he had already made relevant preparations.
Back in the company, many employees are still sticking to their posts.
"Boss, you're back. Li Ting stepped forward.
Huo Qixuan nodded and said:
"Set a supper for everyone, eat when you're hungry!"
Li Ting answered, and hurriedly went down to order three meals.
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