Hong Kong Island, reborn Huo family, blocked Soros at the beginning

Coming to the private room, Huo Qixuan felt a serious atmosphere.

It has a very solemn feeling.

The private room is large and a huge living room with separate sofas around it.

This should be the place where the conference will be held~.

Wang Zhigang guided Huo Qixuan to a tea restaurant, and as soon as he entered the door, Huo Qixuan was stunned.

“Xiaoxuan, you’re here.” Huo Ying-Dong looked at him with a smile.

“Grandpa, why are you there…” Huo Qixuan was surprised.

He didn’t know 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 by phone, it was only for the reason of talking about business, and did not tell the real situation.” You haven’t been home in the past few days, so Grandpa hasn’t told you. It’s the same after meeting, originally with your qualifications, you are not qualified to participate in this meeting, it is President Chen who strongly recommends you, plus my guarantee, you can attend the meeting to observe, and you will listen carefully later, don’t speak. ”

Huo Qixuan nodded, he vaguely guessed what this meeting was for.

After waiting for a while, everyone went to the huge drawing room.

In the living room, eight people were communicating in low voices, and when they saw Huo Qixuan, they were all only slightly surprised, but soon smiled and nodded towards Huo Yingdong.

Wang Zhigang guided everyone to their respective positions.

Huo Qixuan did not have the qualifications to sit on a separate sofa, but there was a small stool, which was placed next to Huo Yingdong’s sofa, and that was his place.

Huo Qixuan is too young, the people here are basically over forty or fifty years old, as far as he is an out-of-place brat, it is already an exception for him to sit in.

Huo Qixuan was not angry because he was slighted, nor was he qualified to be angry, and it was a great importance for him to be able to sit in on a meeting of this level at such an age.

This meeting, unlike the previous small meeting that the chief executive invited them and the four major families to attend, is obviously of higher specification and more confidential. If it weren’t for Chen Tianyou’s recommendation and grandfather’s guarantee, he wouldn’t be eligible to participate, after all, it involved the mainland.

After sitting down, Huo Qixuan observed those people.

He kept Huo Yingdong’s explanation in mind and did not speak, just listened quietly.

From the content of their conversation, Huo Qixuan learned their identities.

Two are deputy governors of the mainland central bank, and three are the directors 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 Island Securities and Futures Commission.

These are the top speakers in Hong Kong Island’s financial sector.

Not long after, a person walked in in a hurry, and everyone got up to greet them.

“Sit down, everyone!” The Chief Executive walked to the main seat and sat down, laughing and greeting everyone.

After a brief exchange of pleasantries, they began to get down to business.

Simply put, it is to study problems in all aspects and jointly deal with the attacks of international speculators.

Another is the Hong Kong government’s decision to intervene in the market.

In this way, it is possible to maintain the exchange rate of the Hong Kong dollar, and there is also hope that the stock market and futures market will not be affected.

But it’s not easy to do, and it’s risky and stressful.

The prosperity of Hong Kong Island’s economy depends on the principle of free markets.

If these principles are undermined, there is a high risk that the entire financial market will lose its vitality.

Secondly, in the Basic Law, there are explicit regulations prohibiting the implementation of exchange controls on Hong Kong Island.

In the previous confrontation between Hong Kong Island and international capital, it has been criticized by international public opinion.

If you directly intervene in the stock market at this time, it will aggravate its crisis of trust.

In addition, the government’s approach to entering the market does not have rich experience to refer to.

What is the process of entering the market?

What are the operational and legal risks? (Read violent novels, just go to Feilu Fiction Network!) ）

Where is the bottom line for intervention?

What are the possible contingencies and how do you deal with them?

If it fails, what are the consequences?

After discussing all the issues, two deputy governors from the mainland central bank conveyed the mainland’s wishes, supporting Hong Kong Island to maintain the prosperity and stability of Hong Kong Island at all costs, supporting Hong Kong Island in maintaining the linked exchange rate system, and insisting that the red currency does not depreciate.

Huo Qixuan knew that this was not just a slogan.

At a time when the Hong Kong Island economy has been hit hard, international speculators are also building momentum, claiming that the red currency will depreciate, otherwise the development of China’s economy will be difficult.

At the same time, the weak yen and the sharp depreciation indirectly increased the burden of red and Hong Kong dollars, and many investors and citizens panicked and exchanged high prices for US dollars.

Today, on the black market, the exchange rate of the US dollar against red currency was even as high as 9.2 at one point.

If the red dollar cannot withstand the pressure and really depreciates, it will undoubtedly make things worse for the Hong Kong dollar, and it is likely to shake the Hong Kong dollar’s linked exchange rate system.

Therefore, the mainland central bank must adhere to the exchange rate of red currency and cannot waver.

Doing so can give the Hong Kong government and investors more confidence.

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 bosses 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 mainland central bank, all Chinese-funded institutions on Hong Kong Island have gone all out to support Hong Kong Island’s protective 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 Huo family and the Hong Kong government is perfect, and a large number of British assets have been acquired, and now the Hong Kong government truly dominates the education, culture, energy and other asset projects on Hong Kong Island.

“First of all, you should have been polite.” Huo Yingdong said with a smile.

“Xiaoxuan, thank you for delaying time for us, we couldn’t directly intervene in the market before, we could only turn to private capital, and your 200 million US dollars gave us a lot of help.”

“First of all, I am 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 business.

Huo Qixuan sent Huo Yingdong downstairs, watched him get into the car, and waved goodbye to him.

He himself can’t go back yet, he needs to go back to the company to guard.

Like the previous life, the Hong Kong government eventually chose to intervene in the market, which was completely expected by Huo Qixuan, and he had already prepared for it.

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 late-night snack for everyone and eat when they are hungry!”

Li Ting answered, and quickly went down to order three meals.