Chapter 934: 934

Money, when it suddenly becomes more obvious, will inevitably attract people's eyes, and then breed all kinds of incidents.

This kind of social wealth distribution gap is widening, which leads to the intensification of contradictions among social strata. As long as you have a heart, you can see it even across the huge gap between time and space.

For example, last year's Hong Kong film "Police Story" not only made a huge box office profit, but also received awards. It can be described as both fame and wealth. In addition to the wonderful fighting scenes and strong cast, it is also inseparable from the flattery of the current social psychology.

The sarcasm about the bureaucratic style of Xiangjiang Royal police can be seen everywhere in the film. At the end, Chu Yuan plays a sinister drug lord disguised as a rich man, Liu Zhirong plays a dignified lawyer who gives money to defend regardless of good and evil, and Cao Charlie plays a dog head soldier who is as cheap as a tiger. He is violently beaten by the protagonist's fist, although it is a little superfluous, However, it is not difficult to understand what kind of social group psychology can be reflected by the roaring applause in the cinema.

Don't underestimate this accumulation of social contradictions. If those with ulterior motives deliberately provoke and guide, they can make the red and purple dark in the near future and plant deep-rooted estrangement in the far future.

Gao Xian took the initiative to eliminate the public opinion hidden danger of soaring financial resources in the hands of Xiangjiang exchange fund administration through the program "explore safe, talk to Sir Gao and connect with Sir Gao", and made a gesture of standing with the interests of the bottom of Xiangjiang society, which means that he needs to concentrate on the forces he needs to deal with, Accurately locate the stumbling blocks that do not want the long-term development of Xiangjiang River and do all kinds of bad things, but want to get enough benefits.

Although the ghost guys and their lackeys who deliberately dig holes for Xiangjiang see the potential of Xiangjiang's financial grandfather Gao Xian to regulate the operation of the Hong Kong government during the transition period of Xiangjiang, they can't take action for a while, because the queen of England is going to visit East Asia this year, and Xiangjiang is the last stop. With such a big face project, the ghost guys have reached a consensus among the vast majority, That is, the situation is stable and don't make mistakes.

As for other games, including the business community, it is even more important to avoid the edge after the "explore safe, talk to jazz Gao, connect to jazz Gao" interview program caused a sensation.

For example, the "minor discord" between the Xiangjiang stock exchange and the Xiangjiang futures exchange has come to an end.

Because Xiangjiang stock exchange knows more or less, the Hong Kong government has transferred the functions and powers of Xiangjiang banking supervision and Xiangjiang securities supervision to Xiangjiang foreign exchange fund administration to build Xiangjiang financial administration, and entered the schedule. If Sir Gao hadn't been "modest" with old feelings, Xiangjiang securities supervision would have been ahead of Xiangjiang banking supervision, Meet the appetite of Xiangjiang exchange fund authority for upgrading.

Now, Xiangjiang exchange fund administration is in charge of the top ten foreign exchange reserves in the world. There is no difference in its authority. If it really has to "smile", the supervision of Xiangjiang securities industry must not delay the supervision of Xiangjiang banking industry. After all, Huifeng is secretly involved in the latter.

If we really have to wait for the supervisor of Xiangjiang securities industry to transfer to Xiangjiang exchange fund administration before Xiangjiang United exchange compromises to Xiangjiang futures exchange, it will be embarrassing.

To this end, Li Fuzhao, chairman of Xiangjiang stock exchange, specially hosted a banquet to invite Sir Gao, founder and former chairman of Xiangjiang futures exchange, to eliminate the "misunderstanding" at the dinner table.

The "minor discord" between Xiangjiang stock exchange and Xiangjiang futures exchange is mainly reflected in Hang Seng Index Futures. Many people in Xiangjiang stock exchange believe that Xiangjiang futures exchange engaged in Hang Seng Index Futures and robbed its own business; Xiangjiang futures exchange followed Gao Xian's instructions and asked Xiangjiang stock exchange to add a "circuit breaker" mechanism to Xiangjiang stock market when designing Hang Seng Index Futures, so as to prevent the impact caused by the ups and downs of the stock market.

Obviously, Xiangjiang stock exchange believes that Xiangjiang futures exchange has robbed its own business by engaging in Hang Seng Index Futures. Naturally, it is unwilling to help Xiangjiang futures exchange improve the design of Hang Seng Index Futures.

Of course, the two sides have not torn their faces in the open. The rejection reasons given by Xiangjiang stock exchange are quite tenable. The "non discipline" of Xiangjiang stock market and the resulting strong speculative atmosphere are famous all over the world, so that many international financial institutions also like this degree of freedom.

Under such circumstances, it is impossible to add a "circuit breaker" mechanism to the Xiangjiang stock market without resistance. Moreover, there is no precedent for the "circuit breaker" mechanism in stock exchanges and futures exchanges around the world. After all, there has not been a big stock disaster like the "Black Monday" in 1987 in the "old script".

Xiangjiang futures exchange is a little passive, because improving the design of Hang Seng Index Futures is not pleasing to the forces waiting for the fortune of Hang Seng Index Futures. The trading rules of Hang Seng index futures are not perfect, so there is an opportunity to take advantage of it. As for whether Xiangjiang futures exchange will be dragged into bankruptcy, I don't care.

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However, after the rumor that the Hong Kong government was going to hand over the supervision of Xiangjiang securities industry to Xiangjiang Exchange Fund Management Bureau came out, it was the turn of Xiangjiang stock exchange to be passive. After Sir Gao mastered the supervision power of Xiangjiang securities industry, he proposed to increase the reform requirements of "circuit breaker" mechanism. Does Xiangjiang stock exchange dare to resist? It's better to reconcile now than be beaten in the face.

At the dinner party, Li Fuzhao spoke a lot on behalf of Xiangjiang stock exchange, and bowed down to propose a toast to Ma Shiheng, chairman of Xiangjiang futures exchange. His attitude was still very sincere.

Even Li Fuzhao said that now the control of the stock exchange and the HKFE is in our Chinese hands. This situation is really hard won. We can't fight inside and let the ghost gloat.

Sir Gao doesn't want to bargain about setting a "circuit breaker" mechanism for Xiangjiang stock market,

The objective result of the 1987 "Black Monday" global stock market crash in the "old script" is that many people have "returned" the money they made from the big speculation brought about by the Plaza Agreement. This is a good end. They even have to commit suicide.

Therefore, from this result, no matter what the real cause of the "Black Monday" global stock disaster is, whether it will happen or not, it is extremely necessary to take preventive measures.

With the character of high string, "Black Monday" can only be the graveyard of your opponent, not your own pit.

Sir Gao, who has always been faithful, still cares about his old feelings, so he assumed the posture of a peacemaker and mediated between Xiangjiang futures exchange and Xiangjiang stock exchange, so-called "each step back".

"Setting up a 'circuit breaker' mechanism in Xiangjiang stock market is indeed sensitive, which has greatly increased the pressure on the stock exchange, but the concerns of the futures exchange are not unreasonable." Sir Gao's eyes shine with wisdom. "In this way, the 'circuit breaker' mechanism will not be implemented, but will be replaced by a market fluctuation regulation mechanism, or a cooling off period."

People on the side of Xiangjiang stock exchange immediately realized that Sir Gao was ostensibly asking both sides to take a step back, but in fact, he was releasing the final plan.

Li Fuzhao asked, "how does this market fluctuation regulation mechanism work?"

"The rules are roughly like this." Gao Xian smiled. "For example, if a stock rises or falls by 10% or more within five minutes, it will trigger the trading price limit, but the trading within the range can still be carried out, not completely interrupted."

"This plan must trigger a much smaller rebound in the stock market, and the futures exchange can also effectively control the trading risk of Hang Seng Index Futures."

Li Fuzhao thought: "although the market fluctuation adjustment mechanism is much slower than the circuit breaker mechanism, I'm afraid it will lead to various conflicts based on my years of understanding of Xiangjiang stock market. In order to reduce the delay caused by the launch of Hang Seng Index Futures, can the scope of the market fluctuation adjustment mechanism be set on the 33 constituent stocks of Hang Seng Index?"

High string music, as long as the risk of Hang Seng Index Futures is under control, I care about the life and death of other stocks!

Seeing Sir Gao looking at himself, Ma Shiheng understood and "took another step back".

In this way, Xiangjiang stock exchange and Xiangjiang futures exchange are "clearing the ice", and hang seng index futures are finally online.

Xiangjiang stock exchange thought it had saved face, but the price was only a little concession. Unexpectedly, under the guidance of Gao Xian, Xiangjiang futures exchange was establishing a protective cover against risks for itself.

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