Chapter 799: 799

From the noon of October 8, when the Legislative Council of the Hong Kong government concluded its session, to Monday, October 10, when the Hong Kong dollar linked to a basket of international currencies exchange rate system was officially implemented, there was still a day and a half to allow a buffer period acceptable to all parties. At the same time, it also gave the exchange fund authority a little relief.

Although the Hong Kong dollar against the US dollar was corrected to 8:08 when the Xiangjiang foreign exchange market closed at noon, which gave a great increase in confidence, we really can't be blindly optimistic.

As the saying goes, people have ulterior motives, especially driven by the pursuit of profits by capital. In the early stage of the implementation of the exchange rate system of the Hong Kong dollar linked to a basket of international currencies, there are loopholes to be exploited, and there must be a lot of people.

The Hong Kong dollar linked to a basket of international currencies, the exchange rate system itself is to use the speculative psychology of the foreign exchange market to stabilize the Hong Kong dollar, but it can't help the speculation by taking advantage of loopholes.

After the session of the Legislative Council of the Hong Kong government has passed, the exchange fund authority can start its work in good faith. The landmark unveiling ceremony is scheduled for the next Monday when the Hong Kong government officially operates a package of international monetary exchange rate systems.

According to the established division of labor, Ren Zhigang, the two vice presidents of the exchange fund authority, is responsible for currency related affairs, and Li Guobao is responsible for bank related tasks. With the assistance of the support team including the assistant president, they are just busy with specific work.

As for Gao Xian, the chief executive of the exchange fund management fund, while commanding the overall situation, he also has very specific work, and it is extremely important, that is, the "big plan to make a fortune" of the exchange fund.

After all, Sir Gordon has promised that the target of the exchange fund's asset size exceeding $30 billion in five years will not be easily achieved by sitting and waiting.

To this end, Gao Xian, who had planned for a long time, set up Xiangjiang development investment fund to help the asset appreciation of the exchange fund, so as to use Gao Xian's information asymmetry advantage in a larger pattern.

In addition to its own asset management team, Xiangjiang development investment fund will also hire third-party professional investment institutions from outside, such as Gaoyi.

However, in order to try to dispel the doubts about the possible favoritism of Gao Xian, Xiangjiang development investment fund really needs to carefully consider the specific process.

Fortunately, when the exchange fund issues bills and bonds, the recognized trading institutions are basically qualified to be the fund manager of Xiangjiang development investment fund, which can help screen and determine the qualification of fund managers and save a lot of effort.

Of course, the legitimate Gaoyi is the most trusted and easy-going Royal fund manager of Gaoxian. Most of the money-making plans that can only be understood and unspeakable should be handed over to Gaoyi and its controllable agents.

Xiangjiang development investment fund is a big move. It is absolutely necessary to blow the wind and meet the so-called transparency. As a result, only Sunday, various reactions can't wait to be expressed through the media.

The most common reaction is that, as expected, sir Kao issued a military order. Five years later, the asset scale of the exchange fund exceeded $30 billion from the current several billion US dollars. In order to achieve such a distant goal, his first priority after taking office is to find ways to help the exchange fund make money.

This kind of reaction is not malicious at all. There is an association with ulterior motives. The exchange fund administration under Gao Xian's leadership established Xiangjiang development investment fund, and Gao Yi will certainly become the biggest beneficiary. No wonder he wants to manage the exchange fund so actively.

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In addition, there is a reaction with the smell of "inner roll", which is very interesting. Gao Caishen's outstanding ability to make money is widely recognized. The happy and high profit series are obvious successful examples. Now Xiangjiang development investment fund with the background of Zhengfu resources has emerged. Isn't it to compete with everyone for business and profit with the people.

In short, the first external briefing of Xiangjiang development investment fund not only made the outside world respond warmly, but also seemed impatient. It can be said that it earned enough attention.

Gao Xian must be very satisfied with this effect. The signboard of Xiangjiang development investment fund must be launched as his achievements during his term of office and passed on.

You know, for the exchange fund authority, Gao Xian is the founder. The series of rules and structures he has created are the yardstick of latecomers' behavior, and ghosts can't mix sand with it.

The "development" in the name of Xiangjiang development investment fund is not added casually. It represents its ultimate mission. The surplus can be taken out and spent on the layout of how Xiangjiang develops in the long term.

This is one of the direct benefits brought by Gao Xian's management of the exchange fund to everyone, especially the general public. Is there any reason not to support him?

The exchange fund information center gave a reply to this enthusiastic response from the outside world. Please don't be impatient. After the official unveiling of the exchange fund authority tomorrow, a press conference will be held. Sir Gao will answer it at that time. Anyway, his appetite is full.

Gao Xian will certainly not disturb his normal work arrangement because of these disturbances. At present, in addition to Xiangjiang development investment fund, he also has a very important visit plan.

Since the Hong Kong dollar has adopted a system linking the exchange rates of a package of international currencies, the financial management institutions corresponding to these international currencies and the terminals of the International Monetary Fund must pay a visit as soon as possible and at least establish a currency swap agreement to make the foreign exchange reserve positions of various international currencies of the Xiangjiang exchange fund sufficient.

This matter is still very troublesome. The Hong Kong government was really busy for a while in the process of switching from the Hong Kong dollar to the British pound to the US dollar.

In addition to the negotiations, Gao Xian also had to give a speech to introduce the new Xiangjiang exchange fund authority to the world and its significance to the construction and consolidation of Xiangjiang international financial center. Under the high light, the work pressure is not great.

In the afternoon, Alan Greenspan, the former chairman of the Council of economic advisers of the United States, rushed to Xiangjiang from the United States because he had accepted Gao Xian's invitation to act as an adviser to the exchange fund administration, and then the unveiling ceremony of the exchange fund administration. He was really indispensable.

Although Alan Greenspan has left the White House for many years, thanks to his good management, the reputation of the academic community is growing day by day, which can not be described as red and purple. In addition, he helped Reagan Zhengfu solve the problems such as the collapse of the American social security system and was trusted again by Huasheng stew.

In Gao Xian's view, after the White House can no longer stand the Fed's monetary tightening policy, Alan Greenspan, who is a party member, is the only person to be pushed up.

At that time, Gao Xian's "investment" in Alan Greenspan will be recovered.

Of course, no one understood Gao Xian's unfathomable mind at this time. They just thought that Alan Greenspan was pulled by Sir Gao as a facade, and Alan Greenspan was also a consultant in the previous research stage of the improved currency board system. Therefore, no matter how close they were, it was normal.

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