Chapter 1004: 1004

Sir Gao is a giant Buddha. He is not a younger brother who can call around casually. Therefore, we should cherish the opportunity to communicate with each other. Don't open your mouth before you understand it.

With this kind of thoughtful thinking, Chief Secretary Huo could not be less anxious to keep the dignity of the new governor, so he went to financial secretary Zhai Kecheng alone and discussed it.

At the beginning, the financial secretary Zhai Ke was sincerely vigilant and thought that the Chief Secretary Huo was trying to make an attempt to control the Zhengfu Treasury.

It was only in the second half of 1985 that the auction of Hong Kong's official land resumed. That is to say, the Hong Kong government's finances, which were deeply under the pressure of deficits, really improved for about a year and a half. The financial secretary, Zhai Kecheng, did not want to block himself.

The ghosts don't understand each other's thoughts. Chief Secretary Huo quickly pointed out his purpose. You and Sir Gao have more work to do. You should know him well, such as the dignity of the new governor. After all, Jiahua bank is now managed by the Xiangjiang exchange fund authority as the last lender of Xiangjiang banking industry, Can you coax away the more and more powerful victims outside the central government offices first.

The financial secretary Zhai Kecheng shook his head. Do you think Sir Gao, President of the Xiangjiang exchange fund authority, is a charity? He is trying hard to expand the authority of the Xiangjiang exchange fund authority. He directly replied that he has no power to deal with these problems in the Xiangjiang banking industry. What do you do?

How can I know the deep-seated mystery of how long I have only been in office?

Financial Secretary Zhai Kecheng shrugged. Now the supervision of Xiangjiang's financial industry is fragmented and full of loopholes. Not only do money, banks and securities do their own work, but even the functions and powers of deposit interest rate, next day dismantling interest rate, commercial bill discount and central settlement under the bank are scattered among various institutions. As for Xiangjiang's need for the central bank, the voice is becoming higher.

The problems of Kangnian bank and Jiahua bank have made more and more recipients of this voice, especially those citizens who have been cheated in buying funds. They can't find a really responsible department to complain, which further concretizes the disadvantages of Xiangjiang without the central bank.

Sir Gao complained about the problem banks such as Kangnian bank and Jiahua bank, which are managed by the Xiangjiang exchange fund authority. He felt that he had no corresponding authority, but had to wipe his ass, which would encourage the irresponsible speculation psychology of the Xiangjiang banking industry and bring endless future trouble.

Listening to the financial secretary Zhai Kecheng's eloquent explanation of the interests, the Chief Secretary Huode, a "novice", nodded again and again. Fortunately, he acted cautiously and discussed with the financial secretary Zhai Kecheng. Otherwise, he would go to Gao Xian with a big face to talk about the overall situation, and then fail, which would be too damaging to the authority.

Chief Secretary Howard pondered that although it is not long to return to Xiangjiang from London, I have heard more or less about the idea of upgrading the Xiangjiang exchange fund authority to the Xiangjiang monetary authority. I wonder how feasible this rumor is?

The financial secretary, Zhai Kecheng, replied leisurely that the time for Britain to withdraw from Xiangjiang is only ten years. In all aspects, the chief secretary must be happy to see that the proportion of the supervision authority of the financial industry, including money, banks and securities, is still very high. The subtlety must be understood by the chief secretary as soon as he thinks about it.

The problem is that each has his own mind on who is in charge of this set of independent functions and powers.

Sir Gao is too strong. He has served as the president of the Xiangjiang exchange fund authority for nearly five years. The Xiangjiang exchange fund ranks among the top ten foreign exchange reserves in the world. According to this trend, there is no doubt that he will be re elected.

If the Xiangjiang exchange fund authority is upgraded to the Xiangjiang monetary authority, sir Gao is almost the only candidate for president, which makes Huifeng bank very afraid and naturally creates some resistance. For example, the first president of the Xiangjiang exchange fund authority is almost a full term, and preventing Sir Gao from being re elected can be regarded as a counter trend. Then we should start from the Legislative Council to amend and improve the Xiangjiang Exchange Fund Ordinance.

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Chief Secretary Howard said tentatively that Huifeng bank wanted to hand over its management power, including central clearing, and was understandably afraid that the Hong Kong Monetary Authority would be led by a strong Sir Gao; Is there no resistance on the part of the financial secretary to hand over his functions and powers, including the supervision of the banking industry?

Financial Secretary Zhai Kecheng made a ha ha. We are civil servants. There are differences between our view of the overall situation of nature and those from a commercial perspective. In fact, many people who are still early in retirement, and even have a stronger interest, take the opportunity to enter the future more professional and independent Xiangjiang monetary authority.

In fact, the financial secretary, Zhai Kecheng, and the chief secretary, Huo De, have spoken so much that they have more or less revealed his inclination.

That is, no matter what the design is in London, financial secretary Zhai Kecheng is happy to see his Cheng Xiangjiang exchange fund authority upgraded to Xiangjiang financial authority and run by Sir Gao in exchange for entering the senior management circle of Gaoyi I in Europe after his retirement.

The retirement age of ghost civil servants in the Hong Kong government is 60 years old. In addition to those who are really poor in health like the former Hong Kong Governor Mai Lihao, they can only rest assured to provide for the elderly, as well as the predictable financial secretary Zhai Kecheng, who is still in good health even after his 60s a few years later, and wants to continue to do something and make some money.

Although the ghost civil servants in the Hong Kong government have a superior position in Xiangjiang, it is not difficult to understand that most of them will disappear when they return to the British mainland. In this case, it is not difficult for Financial Secretary Zhai Kecheng to make use of the resources at his disposal to make plans for his future.

Of course, Chief Secretary Howard has not seen through the deepest thoughts of Financial Secretary Zhai Kecheng. He just has a big head and didn't do it first. The situation is more complicated than I expected, but the overall situation of the dignity of the new governor's coming to office must also be taken into account.

After being asked, financial secretary Zhai Kecheng must give reference. He thought about it and said, sir Gao eats soft rather than hard. I suggest that you don't tell him what to do, but discuss with him what to do, and it's best to meet in a private place. After all, the hunger strikers in front of the central government office make the situation very sensitive. They are caught by the media and don't ask when they pass by. They are cold and ruthless; However, it became more and more verbal and exposed the problems of the regulatory mechanism of Xiangjiang's financial industry.

Chief Secretary Huode nodded and asked to have a chat in Xiangjiang.

Fortunately, Chief Secretary Howard learned from financial secretary Zhai Kecheng. Otherwise, he would really be passive.

As soon as they met, Gao Xian poured bitter water. Xiangjiang exchange fund administration has hosted the overseas trust bank before the banking crisis. What is trusteeship? In fact, it's like taking care of sick children. Wait until they recover, and then put them outside to live independently.

Overseas trust banks have not been able to "live independently", and Kangnian bank and Jiahua bank have hit their hands again.

It's not what Gao Xian personally wants. The actual situation is that Xiangjiang exchange fund administration has no statutory regulatory authority over the banking industry, but it keeps wiping its ass for Xiangjiang banking. It may soon come second to Kangnian bank and second to Jiahua bank. This is a paradox!

The chief secretary, Howard, who has been given a preventive shot, naturally will not be in a hurry in this wave of bitter water drama. He clearly said that I understand that the Xiangjiang exchange fund authority needs the authority of the banking industry to act honestly. However, at present, I, the chief secretary, can't give any practical advice at the Kangnian bank I support the Xiangjiang exchange fund authority to handle these problems of Ka Wah Bank in its own way, as long as the overall situation is taken into account.

Speaking of this, Chief Secretary Howard specially stressed that the Xiangjiang exchange fund authority should deal with Kangnian bank and Jiahua bank as much as it wants. I think this should be a good start to share at least the regulatory authority of the banking industry.

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