Chapter 829 The center of Xiangjiang!

Chapter 829 The center of Xiangjiang!

That night.

Governor MacLehose and Financial Secretary William Birdridge discuss Sir Yeung's proposal to resolve the Hong Kong dollar crisis.

Bi Liezhi was a little surprised when he learned that Sir Yang proposed the method of linking the exchange rate, but he also thought it was normal.

Now, apart from Sir Yang, the chairman of the Imperial Group, who is very powerful, other senior executives around him are not simple.

When he was the Financial Secretary of the Government-General's Office, he had been a senior executive of Swire. After graduation, he went to Xiangjiang and worked as a junior executive in Swire Pacific.

In 1974, he became the chairman of the Swire Group and expanded the traditional trade and shipping industries to the aviation and real estate industries.

Under his leadership, the Swire Group became one of the four major British-owned foreign banks in Hong Kong, along with Jardine Matheson, Hutchison and Wheelock, and Swire was the foreign bank with the largest increase in net profit among the four major banks.

In 1982, he became the Financial Secretary of the Government-General's Office. Before that, he served as an administrator.

During his tenure as Financial Secretary, Billie's style was brave, decisive and drastic.

He had just heard that the method proposed by Governor Mailihao was proposed by Sir Yang. His evaluation and impression of Sir Yang was not like Jude's.

He felt that Sir Yang had two sides, but he was very powerful in business, at least much more powerful than the Swire Swire family.

When the Imperial Group entered the cola industry and the aviation industry respectively, John Shi of the Swire Swire family came to him for discussion.

Now that Billie is no longer working at Swire, he is serving as Financial Secretary, and he doesn't want to offend Sir Yang.

Although he guessed that Sir Yang was targeting Taikoo, judging from Sir Yang's actions, it was a very normal business behavior.

Now, regarding the linked exchange rate issue raised by Sir Yang, he feels that Sir Yang has no selfish motives and is really thinking about Hong Kong.

"Governor, I think the method proposed by Sir Yang is very feasible."

Now in the world, the US dollar is the most stable.

If the exchange rate of the Hong Kong dollar and the US dollar is pegged, the previous situation will definitely not happen again.

"Governor, does Sir Yang have anything else to say?"

"Sir Yang said that Hong Kong is the world's free trade port and the third largest financial center in the world. The stability of the Hong Kong dollar plays a very important role in Hong Kong's economy and finance. Today, the Empire Group has entered all walks of life in Hong Kong, and the depreciation of the Hong Kong dollar is, for Yang For the Jazz and the Imperial Group, the influence is still very great. In my opinion, the interests of our Governor-General and the Imperial Group are consistent."

After Bi Liezhi listened, he felt that Sir Yang was right.

Now the Empire Group has involved the three major foreign banks in Hong Kong, 11 Chinese-owned banks, as well as Xiangjiang Tap Water, Xiangjiang Electric Power, Xiangjiang Telephone Company, etc., basically all industries are involved.

Today, the Hong Kong dollar has indeed depreciated severely, which is indeed unfavorable to Sir Yang. At this time, London did not have more funds to support Hong Kong in resolving the Hong Kong dollar crisis.

So now it is best to follow Sir Yang's advice.

That night, MacLehose, Billie and the Financial Secretary and other responsible persons discussed the matter.

They decided to hold a press conference in the Financial Secretary's conference room tomorrow.

. . .

Yang Ming left the Governor's Mansion.

Return to Repulse Bay Mid-Levels Villa.

Had dinner with Yang Jirong and his wife.

"Peter, I heard that the Hong Kong dollar has depreciated sharply. Many people have gone to the bank to queue up to exchange Hong Kong dollars for US dollars." Yang Jirong said.

It was because of the sharp devaluation of the Hong Kong dollar during this period that many people went to banks to exchange for US dollars.

Many media and newspapers have reported that tomorrow, the Hong Kong dollar will be exchanged for 1 US dollar and 10 Hong Kong dollars, which is equivalent to the loss of half of the wealth of many ordinary people in two years.

Especially if some people need to use US dollars.

Yang Ming said: "Daddy, don't worry, I think the Hong Kong dollar will stabilize soon."

Yang Ming finished dinner with his parents.

Have a night's rest.

Early the next day.

1983 9 Month 26 Day.

Monday.

After Yang Ming finished breakfast, he took a car to the Empire State Building.

Starting last week, all the Empire Group's original buildings in the Federal Building began to move to the Empire State Building, and the Federal Building has become vacant.

The Federal Building was originally a building owned by Wheelock and Yang Ming's property. Now it is vacant and will be rented out soon.

Many wealthy people in Hong Kong even believe that the Empire State Corporation made its fortune in the Federal Building. They believe that the Feng Shui of the Federal Building is particularly good, and many people want to move to the Federal Building to work.

From the Repulse Bay Mid-level Villa to the parking lot of the Empire State Building in Xiangjiang Central District, it is actually closer.

Get out of the car.

Yang Ming, Chen Zhenhua, Zhang Guohua and others accompanied him by taking the elevator up to the 150th floor.

There is another floor above here.

This is Yang Ming's separate one-story office building.

The whole floor is.

However, the area here is only a few thousand square meters, unlike the tens of thousands square meters per floor below.

Here, it is already more than 600 meters high, and the sightline is very good in all aspects.

Originally, when I.M. Pei was designing, he even wanted to design a helicopter landing pad on the roof of the building. However, in the end, considering safety and other issues, he did not design it.

Now take the elevator up, it's actually quite high.

If you are afraid of heights, you may feel dizzy when you look at the glass of the window.

Yang Ming had just entered his chairman's office.

The chairman's office is not large, only about 50 square meters. However, there are small conference rooms and large conference rooms next to the chairman's office.

In addition, the first floor downstairs is the office of the general manager of the Empire Group, and Meris is currently working downstairs.

Nowadays, you can contact us by landline phone or through the local area network of your computer, which is quite convenient.

"Lin Xiuzhi, how about working here?"

Yang Ming stood at the window and looked into the distance. Whether it was the Changchang Industrial Group Building in Li Jiacheng, the Prince's Building where Bao Yugang worked, or the Huifeng Bank Building where Shen Bi worked, etc., Yang Ming could see everything. very clear.

Here, you can truly see the mountains and small mountains at a glance.

This is the pinnacle of Xiangjiang.

Soon, Huifeng Bank will also move its entire office to the Empire State Building. At that time, Huifeng Bank will be demolished and the third-generation Huifeng Bank Building will be built.

However, no matter how you cultivate, it is impossible to be as high as the Imperial Group.

"Boss, working here is really different from working in the original Federal Building."

However, as time passed, she gradually got used to it. There is a subway station not far around. Lin Xiuzhi can take the subway home without driving.

Yang Ming sat down and drank coffee.

A very important press conference was held today in the conference room of the Financial Secretary of the Hong Kong Governor's Palace.

Among them, it was Financial Secretary Billie Chi who attended and presided over this press conference.

Bi Lichi mentioned the Hong Kong dollar crisis and other situations at the press conference.

Now, the Financial Secretary of the Governor's Office has officially proposed a linked exchange rate system, in which the Hong Kong dollar will be pegged to the US dollar, with the exchange rate set at 7.8 Hong Kong dollars to 1 US dollar.

Compared with October 1983, 10 in history, it is a full 15 days earlier.

The linked exchange rate system proposed by the Financial Secretary of the Hong Kong Governor's Office forced 7.8 Hong Kong dollars to be exchanged for 1 U.S. dollar. From this time on, the Hong Kong dollar and the U.S. dollar were pegged again.

Since then, the Hong Kong dollar crisis has rarely occurred again.

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