Chapter 544

The opening ceremony of black cloud bank has ended, but the trust crisis of Hong Kong dollar has not been lifted. After all, the negotiations between China and Britain are not very clear, and everyone is worried about the future of Xiangjiang.

Fortunately, this is only the idea of a small number of people. In most people's opinion, baozixuan took out 20 billion US dollars to exchange for Hong Kong dollars, which strengthened the people's confidence in Xiangjiang to a certain extent. There is no need to change the Hong Kong dollars in hand in such a hurry. The richest bank has a lot of foreign exchange to exchange, so it is not in a hurry.

The Hong Kong dollar trust crisis was not only affected by the negotiations between China and Britain, but mainly because international financial speculators saw the right time and began to wantonly short the Hong Kong dollar, which exacerbated the depreciation rate of the Hong Kong dollar to a certain extent.

The exchange rate of the US dollar against the Hong Kong dollar has risen from 1:4.2 at the beginning of the year to 1:5.1 at the present stage. It can be said that the exchange rate against the US dollar has fallen by nearly 20 points in less than a year. This is still in the case of the depreciation of the US dollar. If we combine other factors, the depreciation of the Hong Kong dollar has exceeded 25%, which is equivalent to the invisible reduction of the wealth of each Xiangjiang citizen by one quarter.

If it is not controlled, the exchange rate of the Hong Kong dollar will still fall. At the beginning of the year, the world knew that Britain issued £ 5 billion war bonds in Xiangjiang, which seriously reduced the foreign exchange reserves of the whole Xiangjiang.

With the decrease of foreign exchange reserves and the deadlock of Sino British negotiations, it is reasonable for international financial speculators to take advantage of the situation to short the Hong Kong dollar. It can be said that without the support of other Xiangjiang families, baozixuan is equivalent to a person fighting against international hot money. Even if they win, they will suffer heavy losses.

Dong Haoyun is the master of doing what he says. After counting the money at home, he deposits it directly into heiyun bank. Although it is mainly yen, people with a clear eye know that the yen will appreciate in the future. Now the yen is very popular in the international market.

Bao Yugang also mobilized funds from banks in Europe and the United States to deposit them in heiyun bank. And changed all the US dollars deposited with HSBC into Hong Kong dollars for new deposit.

He did not offend either side, and at the same time he completed what the old man told him. It can be said that he killed many birds with one stone; It doesn't suffer either way. We all understand that, after all, the relationship between Baochuan Wang and HSBC is difficult to give up. As the first Chinese director of HSBC, it is impossible to unreservedly support other banks, which involves too many interests.

Fok Ying Tung also firmly supports that the Hong Kong dollar should not be devalued significantly, which is a serious blow to the economy of Xiangjiang. Take out the foreign exchange that can be transferred at home and deposit it in heiyun bank, and convert all the foreign exchange into Hong Kong dollars before depositing it in the bank. It can be seen that Mr. Huo has a very firm attitude towards this matter.

Xiangjiang is such a big place. There is no secret. Seeing that Huo Yingdong and others are trying their best to maintain the credit of the Hong Kong dollar, if other rich people don't make a move, they won't have the face to see people in the future. Now the people and media in quanxiangjiang are paying attention to their words and deeds. Anyone who doesn't take out some foreign exchange to exchange Hong Kong dollars will definitely be labeled as rich and unkind in the future.

It can be said that Quanxiang river is recycling Hong Kong dollars at this time, resulting in a serious shortage of Hong Kong dollars on the market. There is no Hong Kong dollar spot in the international market. Heiyun Bank alone has more than 300 billion Hong Kong dollar deposits. Quanxiang river is supporting Bao's action to protect Hong Kong.

At this time, a middle-aged white man with some big heads was in the president's office of Xiangjiang branch of Morgan bank in central Xiangjiang. Morgan bank previously wantonly shorted Hong Kong dollars in the foreign exchange futures market. At present, futures delivery will be carried out in less than a month.

He did not expect that there were few large Hong Kong dollars in circulation on the market at this time. If the current situation continues, Morgan bank will buy and sell short. Not only face huge fines, but also bear legal responsibility.

The international financial speculators led by Morgan bank did not expect that Xiangjiang would recover Hong Kong dollars directly in the foreign exchange market, and then put Hong Kong dollars directly in the safe and not use them anymore. This wave of operation seems simple, but it needs a lot of foreign exchange support.

No one thought that baozixuan dared to buy back Hong Kong dollars with us $20 billion in foreign exchange. His repurchase led to the repurchase of all major institutions in quanxiangjiang. Even Xiangjiang branch of Huaxia Bank began to use foreign exchange to buy back Hong Kong dollars. Now Huaxia has huge tax support from baohuodong mining company, which has alleviated the foreign exchange pressure to a certain extent.

The result of the joint efforts of several parties is that Morgan bank has no Hong Kong dollar for delivery after the futures expire. Dollars can be printed by themselves; They have no seigniorage for Hong Kong dollars. After the expiration of the futures contract, they must face legal proceedings on the charge of financial fraud.

The head of Xiangjiang of Morgan bank knows that this loss is inevitable. Now the exchange rate between the US dollar and the Hong Kong dollar has risen from 1:5.1 to 1:4.5, which is about to return to the level at the beginning of the year. Moreover, with the continuous reduction of Hong Kong dollar circulation in the market, the exchange rate is still rising.

At present, even if there is money, there is no way to exchange Hong Kong dollars. However, Morgan bank has futures index contracts of more than 100 billion Hong Kong dollars and can not deliver at maturity, so it can directly announce its withdrawal from the international financial market.

After asking for instructions from China, the person in charge of Xiangjiang branch of Morgan bank directly came to Shen Bi's office of HSBC.

The person in charge of Xiangjiang of Morgan bank took out the information of the American ocean Milan bank and handed it to Shen Bi. When Shen Bi saw the information submitted by Morgan, he said, "President Oakley, what do you mean?"

Shen Bi is worried that HSBC will be affected after Xiangjiang's return, so he has been seeking outward expansion; The United States Marine Miran bank has coveted HSBC for a long time. If the acquisition is successful, the development path of HSBC in the United States will be opened. Now Morgan bank directly sends the information of ocean Miran bank to itself. Combined with the current situation of Xiangjiang, the other party's purpose is self-evident.

"If HSBC agrees to borrow HK $100 billion from Morgan bank, then HSBC's acquisition of ocean mylan bank will certainly get the full help of Morgan bank. I think there is nothing the Morgan family can't do in the United States," said the man in charge of Xiangjiang of Morgan bank, who is called President Oakley

Shen Bi is also considering the terms offered by the other party. Once he agrees to borrow HK $100 billion, the Morgan family will have more chips to short Hong Kong dollars. At that time, the probability of devaluation of the Hong Kong dollar will be very high, and all this could have been avoided.

However, it will be difficult for HSBC to develop in the United States in the future; After all, you didn't help me at the critical moment. It will make you feel better if you want to develop in my territory in the future.

At this time, Shen bi was in a dilemma. One was that HSBC's goal of globalization was about to be realized, and the other was to betray the people of Xiangjiang. It's inappropriate to choose either side now. I'm very contradictory.

Shen Bi thought for a moment and said, "President Oakley; This matter is too big for me to think about. HK $100 billion is not a small amount. I don't know what guarantee your bank uses. "

Hearing what to guarantee, Oakley knew that Shen bi was already excited. Then things will be half successful. With the assistance of the Xiangjiang quasi central bank, HSBC, the odds of winning this time will be much higher.

Oakley quickly resumed: "Morgan bank has a large amount of US dollars that can be used as a guarantee when dismantling Hong Kong dollars, that is, when we can't afford it, HSBC can directly confiscate the corresponding amount of US dollars. In short, HSBC will not suffer."

Shen bi was moved to hear that. HSBC would not lose anything anyway. But he also knew that a bad HSBC would fall into a hopeless situation. At this time, providing funds to short Hong Kong dollar institutions is an act of capital enemies, stabbing the people of Xiangjiang in the back.

After sending off Oakley of Morgan bank, Shen Bi thought about how to make this happen. The dismantling of Hong Kong dollars with us dollar guarantee was loved by everyone before, but it is too sensitive at this time.

Everyone knows that Xiangjiang's local capital, led by baozixuan, is buying back a large amount of Hong Kong dollars, which makes the short side face the risk of falling short after the expiration of the futures index contract. If they get through the difficulties or even win because HSBC provides funds.

In the future, HSBC's reputation in Xiangjiang will be smelly, and the Hong Kong government will impose administrative penalties on HSBC. But when he thought that HSBC could achieve internationalization in his own hands, a goal that HSBC has not achieved for generations, he was very excited.

This is a feat in the history of celebrities. At least no one within HSBC can surpass him. Thinking of this, Shen Bi knew that he had to have a all-round plan. Even if things were exposed, he had to pick himself out.

Shen Bi wanted to be a bitch and set up a chastity archway for himself. After thinking about it, a man entered his vision. The scapegoat for the problem has been found. The next step is the specific operation.