Reborn Tech Maniac

Chapter 926 The Southeast Asian Financial Storm Is Coming

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Since the end of World War II, the British colonial system has further disintegrated, and Xiangjiang has become its most important colony. In terms of population, economy, etc., it is not comparable to the remaining dozen or so overseas territories.

Therefore, this farewell ceremony in the UK can be regarded as the last thought of Xiangjiang.

In the one-and-a-half-hour event, first there was the sunset farewell ceremony for the British army, Hong Kong governor Peng Dingkun delivered a farewell speech, and Prince Charles delivered a farewell speech on behalf of the Queen, followed by group dances and singing with more than 2000 performers. class programs.

After tossing in the rain until 19:45, the British flag and Hong Kong British flag were slowly lowered in the music "Sunset" accompanied by bagpipes. Both the guests and the performers were very embarrassed and exhausted.

The little follower, Jin Yan, was quite filial, so he took a moment to bring his father a cup of hot drink.

After Tang Huan took a few sips warmly, he asked casually, "Where are your brothers?"

"They're all catching up on sleep, waiting to watch the handover ceremony at zero o'clock." Jin Yan replied energetically.

Tang Huan laughed and said: "In this way, you are still an elf, and you have recharged your energy early."

Having said that, Tang Huan raised his wrist to check the time, "There is still an hour until the farewell dinner in England, and I will take you around."

……

The farewell dinner mentioned by the richest man started at 21:15. The scale was quite grand, and 4000 distinguished guests were invited to participate. The foreign ministers of the United Kingdom and China toasted the future of Xiangjiang to everyone.

When some acquaintances saw Jin Yan next to Tang Huan, they couldn't help but joked: "Ling~Young Master is so old——His handsome appearance, it seems that there is a feeling of deja vu."

The richest man just responded with a noncommittal laugh and muttered to himself—this shows that you have seriously watched the movie starring Lin Qingxia.

……

At 23:30 in the middle of the night, the Hong Kong Sovereignty Handover Ceremony was held in the auditorium of the new wing of the Hong Kong Convention and Exhibition Center. Officials from China and the UK with their respective identities came to the scene to witness this historical moment.

As midnight approached on July 7, the British flag and the Hong Kong British flag were slowly lowered on the two flagpoles on the right, and the British national anthem "God Save the Queen" was played at the same time, symbolizing the official end of the British rule in Hong Kong.

After zero o'clock, the national flag of China and the regional flag of the Xiangjiang Special Administrative Region were slowly raised on the two flagpoles on the left, and the Chinese national anthem "March of the Volunteers" was played.

After Prince Charles finished his speech, the high-level British delegation did not attend the Hong Kong Special Administrative Region Government Establishment and Swearing-in Ceremony, but split into two groups—British Prime Minister Tony Blair and other British government personnel took the plane Peng Dingkang and his family accompanied Prince Charles on board the British Royal Yacht Britannia, escorted by Major General Deng Shouren, the last commander of the British Army stationed in Hong Kong, on the British warship Chatham—and returned to the UK without stopping for a moment .

This shows how lonely these people in the UK are.

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At the breakfast table on July 7, Tang Huan smiled and compared the sons of Tang, "Xiangjiang has officially returned, what have you seen from it?"

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"The English do their best to make the best possible impression of themselves, as the capital needed for a possible re-strike in the future."

"The financial turmoil in Southeast Asia should soon spread to Xiangjiang, which has just returned—the British side may gloat over their misfortune."

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The richest man couldn't help laughing and said: "It's not a possibility, but a certainty—Britain would like to have a comparison to show the so-called achievements it has made in colonizing Hong Kong over the years."

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While they were discussing, Zhuang Menghua and Meng Jing walked in hand in hand.The latter yawned and complained: "Don't just sit there and talk empty talk! I've been tired for half a year, and you all came here just in time. From now on, all of you will be recruited."

Qinhe's industries are flourishing in Xiangjiang and even in the whole of Asia. They are usually rich in wealth, but now they have to worry about how to avoid the impact——Zhuang Menghua and Meng Jing, two senior people , on behalf of the Tang family, to be responsible for the specific coordination.

Tang Huan smiled and said, "I have no objection."

Zhuang Menghua said seriously: "A few days ago, the finance minister of Siam took the blame and resigned - the financial circles speculated that the Siamese government would let the Thai baht depreciate significantly, which caused chaos in the Siamese financial market. The exchange rate of the Thai baht against the US dollar The exchange rate plummeted to 28:1, and the Siam stock market also fell to its lowest point in eight years."

"It's time..." The richest man nodded, "I think the Siamese officials will no longer be able to hold on in the past two days, and admit that they have collapsed."

……

This is indeed the case - the next day, on July 7, the Central Bank of Siam announced that it would abandon the fixed exchange rate policy and implement a floating exchange rate system.

In this regard, the Siamese financial crisis broke out - and the whole of Southeast Asia was blown by wind and rain.

Xiangjiang, which is geographically far away, doesn't seem to feel anything unusual, and is still immersed in the atmosphere of celebration after the handover.

The richest man kindly reminded Dong Jianhua, the high-spirited chief executive of Xiangjiang: "The financial market of Xiangjiang has always been sensitive, so be careful that the test for you will come like a storm—don't let those who are interested take the opportunity to shout something." What the British can do, the Chinese can’t do, that would be embarrassing.”

One of the topics of the meeting between the two is still related to awarding honors.

After the return of Xiangjiang, many things with a strong colonial color will definitely be replaced.

For example, the "Hong Kong Royal Police" that used to appear frequently in Hong Kong movies can't be called like this now-the honor system is naturally the same.

The "Xiangjiang-style glory" shining on the chests of the Xiangjiang elite group is quite distinctive. On the one hand, it has titles such as "JP" that have been inherited from the Qing Dynasty in the feudal era; Such awards are used to win over Xiangjiang's elites - it can be said to be a combination of Eastern and Western cultures.

Just over a week ago, on June 6, the spokesperson for the Office of the Chief Executive-designate announced the establishment of a new system of honors and awards for the Hong Kong Special Administrative Region to replace the old system.

Of course, the goal is the same - to be awarded to people from all walks of life in recognition of their outstanding contributions to Hong Kong, or their outstanding achievements in their fields, regardless of nationality, gender, and whether they are eligible Possess the right of abode in Hong Kong.

In the "Gazette" on July 7, Tang Huan was listed on the list of honors and was awarded the highest level of the Hong Kong SAR honors and awards system, the Grand_Bauhinia_Medal - the Great Bauhinia Medal or GBM.

This is also the meaning of the question - the UK rushed to get the richest man to catch the last train, that is, to get a GBE before the return of Xiangjiang. Straight to the point, come up with such draws.

According to the provisions of the Hong Kong Special Administrative Region's honor and award system, after the honor list is published in the "Gazette" on the anniversary of the establishment of the Special Economic Zone on July 7 every year, the award ceremony will be held in the official residence of the Chief Executive of Hong Kong in October every year. - Government House, which is the original Governor's House.

The first list of the Great Bauhinia Medals issued by the Hong Kong Special Administrative Region.Naturally, it is not trivial, including An Zijie, Li Guowei, Li Fushan, Du Yexien, Cha Jimin, Xu Simin, Zhuang Shiping, Huang Keli, Zeng Xianzi, Huo Yingdong, Zhong Shiyuan, Luo Luocheng and other important figures. His contribution and influence are not inferior at all.

Therefore, Dong Jianhua hoped that at the first award ceremony of Xiangjiang Special Zone in October, Mr. the richest man, who has already received almost all the honors in the world and was soft-handed, would be able to attend in person in his busy schedule to boost the momentum-unexpectedly, Tang After Huan readily agreed, he poured another basin of cold water.

Dong Jianhua had always been in business before, even after the family's flagship company, Orient Overseas, was on the brink of bankruptcy and had to seek external assistance, to some extent he began to "work" for the richest man.So it's not hard to imagine that he understood Tang Huan's energy and vision quite well, so naturally he didn't dare to turn a blind eye to the other party's reminder.

The chief executive of Xiangjiang immediately asked with solemnity: "So, how severe does Tang Sheng think the first round of financial market turmoil that the newly established Xiangjiang Special Economic Zone will face will be?"

"I think it will be very serious, and it is not an exaggeration to describe it as 'looting'." The richest man replied leisurely: "After entering the 1990s, relying on the nutrients brought by mainland red chips, the Xiangjiang stock market began to grow for several years. Year-to-year rise—on the 20th of last month, the Hang Seng Index broke through the 15000-point mark for the first time, and closed at more than 15100 points; following this trend, at the end of this month, the Hang Seng Index once again broke through the top It is not difficult to reach the 16000-point mark."

Speaking of this, Tang Huan stared at Dong Jianhua and said meaningfully: "You should not fail to see that Xiangjiang's financial bubble has reached a dangerous situation that cannot be ignored."

“暹罗刚在7月2日宣布放弃多年坚持的固定汇率制度，泰铢兑美元的汇率，便从之前官方维护的25：1，过山车一般向着50：1的区间贬值而去。”

"It is now very clear that other currencies in Southeast Asia will hardly be spared, and the exchange rate against the U.S. dollar is bound to plummet."

"What the United Kingdom left behind for Hong Kong, since 1983, the linked exchange rate system of Hong Kong dollar issuance linked to the U.S. dollar makes it necessary for the SAR government to maintain the exchange rate of 7.8 Hong Kong dollars to one U.S. dollar. By then, the Hong Kong dollar will definitely become the region's currency." The most valuable' currency——International speculators have finished packing up the "tiger" of the Asian economic miracle, may they let go of the "dragon" with more delicious meat? Especially Xiangjiang, which is tied to the pegged exchange rate system, has nothing to do with an ATM It's different."

Dong Jianhua, whose face was constantly changing, forced a smile and said: "In the past few decades, financial market turmoil such as stock market crashes and bank failures have occurred every so often. For Xiangjiang, it is almost a common occurrence. .Under such baptism, Xiangjiang's financial system is already quite complete, and should have enough experience to deal with it."

The richest man smiled, "Your ideas are very representative. Needless to say, the elites in Hong Kong still quite recognize and believe in what Britain has left behind."

"I am not qualified to say that after hundreds of years, the elites of Xiangjiang have been solidified by Britain in terms of thinking, vision, courage, etc.-after all, I can't give the car of the linked exchange rate system." Xiangjiang’s financial system, a feasible plan for how to reform.”

"But what I want to emphasize is that the UK itself has no perfect plan, otherwise, the 'Black Wednesday' sterling incident in 1992 would not have happened."

"In short, with the current degree of openness of Hong Kong's financial market, at that time, it must be a situation of internal and external attacks. And everyone's speculative motivation will also be infinitely magnified by greed, which will make any system self-regulate Ability, as well as so-called experience, are jokes like gimmicks. Only real foreign exchange reserves are the only trustworthy guarantee.”

Dong Jianhua couldn't sit still any longer, so he quickly got up and said goodbye: "I'll talk about it another day—I'll hold an emergency meeting with the Financial Secretary to discuss it."

After watching the Xiangjiang Chief Executive get into the special car and leave, Tang Huan shook his head and said to himself: "People's luck psychology is really amazing. There are always various excuses to think that I will be the exception."

The little cousin Meng Jing asked uncertainly: "Brother, do you think Xiangjiang can survive this financial turmoil?"

"I can't say for sure." The richest man replied frankly: "It depends on the confidence and determination of both parties in the game."

Tang Huan, who was ambiguous, was also muttering in his heart-Gein, compared to the original time and space, HSBC was hanged and beaten to a swollen nose and face, and then its strength in Xiangjiang was greatly shrunk, and even the pattern of Xiangjiang was different.

But no matter what, Mr. Richest Man cannot tolerate the looting of Xiangjiang, the headquarters of the Qinhe Department, and will inevitably help out at that time.

……

Now that Siam had already collapsed, Tang Huan temporarily put aside the affairs of Xiangjiang, and under the pretext of inspecting the IT investment including the hard disk factory, he quickly set off for Bangkok to actually check how hot the place is.

As a result, he looked at it, and he couldn't help but feel happy.The soup of Gein Tom Yum Kung has a retro taste of 1978-to put it bluntly, it has been hard work for decades, and it has returned to before liberation.

Specifically, the closed companies and unemployed employees in Siam are all over the place, and there are so many mourners.

The richest man, who made a sympathetic expression, calmly grabbed some valuable local forces in Siam before the IMF entered the market, and at the same time paid attention to Thaksin's actions to expand his influence in the political arena.

(End of this chapter)