The flowers in the factory of rebirth are too fierce

Lin Zhiyuan followed Li Xiaoning into the Financial Monetary Authority.

The Hong Kong Monetary Authority is headquartered in the International Finance Center Phase 2 in Central. The Hong Kong Monetary Authority is responsible for Hong Kong Island's financial policy and banking and currency management. It plays a role similar to the central bank and reports directly to the Financial Secretary. It is the institution responsible for maintaining the stability of the currency and banking system within the Hong Kong Island government structure.

After entering the meeting room of the Hong Kong Monetary Authority, Lin Zhiyuan found that there were not many people attending the meeting, only thirty or forty people. Among these people, there are more than ten people from the mainland, and several of them are acquaintances he met at the Government Affairs Council's financial conference last year, such as Duan Zhanpeng, chairman of Huatou, and Jiang Zhuo from Huatou's Hong Kong Island branch.

As soon as everyone in the conference room saw Li Xiaoning come in, they all stood up and said hello.

"Professor Li, you have had a hard time traveling."

"Professor Li, please sit down quickly."

Many people had never seen Lin Zhiyuan. Seeing that he was so young and following Li Xiaoning, they all thought that Lin Zhiyuan was Li Xiaoning's assistant. Only Duan Zhanpeng and Jiang Zhuo who had met Lin Zhiyuan knew that Lin Zhiyuan accurately predicted Nanyang. The master of the financial crisis.

Not long after Lin Zhiyuan sat down, someone from behind suddenly tapped him on the shoulder, "Zhiyuan, why are you here?"

Lin Zhiyuan turned around and saw Li Haowen standing behind him with a smile on his face.

"Brother Haowen, you are here too."

Li Haowen pointed back, "Come with my father to see the world."

Lin Zhiyuan remembered that the Li family owned Nan Fung Bank. The Hong Kong Monetary Authority held a meeting to call on financial institutions in Hong Kong to work together to fight international hot money. It was normal for the Li family to send people over for the meeting.

Li Haowen was very confused, "Zhiyuan, I remember you are not engaged in steel? Why did you come to the meeting of the Hong Kong Monetary Authority?"

Lin Zhiyuan didn't want to explain too much, "Like you, I came here with Professor Li to open my eyes."

The two chatted for a few words about projects in the Shanghai stock market. Before they finished speaking, the door of the conference room opened and two people came in. Secretary Tsang of the Hong Kong Financial Secretary and Director Cheng of the Hong Kong Monetary Authority came in.

The people who were chatting together in twos and threes quickly returned to their seats.

Li Haowen explained to his father Li Zhengxin, "Dad, I just saw an acquaintance, Mr. Lin from Lesteel that I mentioned to you."

Li Zhengxin also felt strange. His son once told him about Mr. Lin. Isn't he the leader of a mainland steel company? Why did you come to such a financial conference?

But he was not allowed to think too much, the meeting had already begun.

Director Zeng presided over the meeting.

"Friends from the financial sector on Hong Kong Island and experts from the Mainland, welcome you. Everyone must know the theme of today's meeting. Last year, international hot money was rampant in Nanyang, causing huge losses to the Hong Kong Island economy. Although we have several We have repelled the attack of those international speculators for the first time, but we all know that the greedy international hot money will not let go of Hong Kong Island. I have invited you here today just to listen to your opinions. Let us work together to defend the economy of Hong Kong Island. We cannot let the achievements of decades of development of Hong Kong Island go to waste..." Director Zeng's opening remarks were very brief. After his speech, various celebrities in the financial circles of Hong Kong Island began to speak one after another to analyze the reasons.

"Director Zeng, Director Zheng, colleagues in the financial sector, I have analyzed the causes of the financial crisis in various countries in Southeast Asia. I believe that the consequences were caused by the uncontrolled lending of banks in many countries in Southeast Asia. International speculators lent large amounts of currency from local banks. , use these currencies as tools to engage in short selling and drive down the exchange rate. If we strangle them at the root, deny them loans and tighten monetary policy, they will have no bullets in their hands." The first person to speak was the Bank of East Asia. Chairman Mr. Fang Heyong. His speech immediately resonated with a large number of colleagues.

"Mr. Fang is right. Tightening monetary policy can indeed cure the root cause."

"I agree with Mr. Fang's opinion."

Li Xiaoning said nothing, but sighed in his heart.

Shrinking money is a double-edged sword. Tightening money will indeed prevent international speculators from borrowing enough Hong Kong dollars to sell on Hong Kong Island, forcing the market circulation rate of Hong Kong dollars to decline.

But on the other hand, tight money will lead to a shortage of Hong Kong dollars. Major banks in Hong Kong are bound to raise deposit interest rates to attract deposits. This will cause people to take out their money from the stock market and deposit it in banks, which is very detrimental to Hong Kong stocks.

In the past few times, while shorting the Hong Kong dollar, international speculators also began to short Hong Kong stocks, futures markets, property markets, etc., and began to implement scalpel-style financial strikes. This form of strike was not only effective but also extremely powerful, making the Hong Kong Island government tired of going back and forth. However, if this predicament continues, the savings in the hands of Hong Kong people will be robbed by international speculators.

Simply tightening monetary policy is never a good idea.

After Fang Heyong spoke, Pu Liangyi, chairman of Hong Kong Island Changjiang Securities, stood up and said, "I very much agree with Mr. Fang's opinion. In addition, I have a few small suggestions about the stock market. Let me share them with you."

"International speculators have attacked Hong Kong Island several times before, and the Hong Kong Island stock market has been greatly affected. There have been several cliff-like declines. The stock market is also an important part of Hong Kong Island's economy. We must not underestimate it. I suggest that from now on, Hong Kong Island's major financial institutions, shareholders of listed companies and wealthy people will start to hold on to the stocks in their hands from now on. As long as we don't sell stocks, the stock market will not fall. As citizens of Hong Kong Island, this is their obligation."

Pu Liangyi became more and more excited as he spoke, and even waved his arms.

Lin Zhiyuan shook his head.

Mr. Pu's idea is good, but how can we ensure that his opinions can be implemented? People are selfish. Once the stock market falls, everyone hopes that they can run faster than others.

So this opinion amounts to nonsense.

One after another, people stood up to speak, but their views were mostly the same, nothing new.

Director Zeng's face was calm, but he was very disappointed in his heart. He turned his attention to Li Xiaoning and said, "Professor Li, you are the Taishan Beidou in the mainland's financial field. Please say a few words!"

When Director Zeng spoke, many people in Hong Kong had expressions of disdain on their faces.

In their view, Hong Kong Island is the financial center of Asia. They all have fought in the cruel market with real swords and guns, and have rich practical experience. Your mainland securities market has been established for less than ten years. What qualifications do you have to teach us as an armchair strategist?

In fact, it is normal for them to have this idea. After all, compared with Hong Kong Island, the mainland's financial market has been established for a short time, lacks practical experience, and is relatively short of financial talents.

Li Xiaoning obviously understood what these people were thinking. He cleared his throat and said, "Thank you, Director Zeng and Director Zheng. I am also very happy to have this opportunity to communicate with my colleagues on Hong Kong Island. First of all, I would like to say a good News, before I came to Hong Kong Island this time, I was interviewed by the leader. The leader asked me to tell everyone that the mainland will stand unswervingly with Hong Kong Island. The mainland has foreign exchange reserves of 1300 billion US dollars and is not afraid of any speculators. To stir up trouble, the red line of maintaining Hong Kong Island's economic stability cannot be broken."