Bludorn Company is just like one of the character traits of Charles Bludorn, from which it is named. It does not care about the complicated reactions of its peers. It will do whatever it is that should be done according to the plan promoted by Sir Gao.

Not affected by noise.

The ancient sugar business, like the salt business, is so close to people's daily lives that it is inseparable almost every day; at the same time, there are more "tricks" in the direction of market development, not just food; moreover, sugar is also one of the things that can

Commodities traded on futures markets.

Therefore, there is quite a lot of room for operation here. Once there is an opportunity to obtain considerable participation rights, Gao Xian will naturally not let it go.

As an episode in the layout of Bludorn Company, Gao Xian had an in-depth chat with Ma Shiheng alone and fulfilled his previous promise to let him return to Hong Kong and take up the post of chairman of the Hong Kong Futures Exchange.

Ma Shiheng returned triumphantly. In the past two years at Gulf Western Industrial Company, he not only trained himself, but also did a lot for the boss Sir Gao. Gao Xian was very satisfied with this, so in addition to the pre-arranged position, Xiangjiang Futures Trading

In addition to being the chairman of the company, he was also asked to appoint an additional director of Bludorn Company.

In terms of salary and status, no one should object to it. Sir Gao never treats his subordinates badly.

"The unification of Hong Kong's four stock exchanges and our futures exchange is the general trend, so as to further promote the construction of Hong Kong's status as an international financial center, and thus satisfy our interests and ideal demands. We are happy to see its achievements.

." Gao Xian said earnestly: "However, people's greed, and the greed in the capital market, has been magnified countless times. Many things, initially thought well, often turn out to be deformed and changed in practice.

Sample."

"Therefore, we must ensure our influence to avoid years of hard work being destroyed by the impact of risks."

Ma Shiheng nodded understandingly, "After I take office as chairman of the exchange, I will learn from the successful experience of sugar futures, further increase efforts, and introduce the perfect mechanism here."

At this stage, the trading varieties of the Xiangjiang Futures Exchange are quite complete, but not every variety has been successfully operated.

For example, because Xiangjiang already has two good gold markets, namely the gold and silver trade market and the local London gold market, the gold futures on the Xiangjiang Futures Exchange have been new for a while.

For another example, the cotton futures on the Heung Kong Futures Exchange are also in decline due to the decline of the Heung Kong textile industry.

These situations are inevitable, but Gao Xian is also trying his best to make up for it. One of the ways is to rely on the mainland, where companies also do international trade, which is inseparable from risk hedging and providing them with such financial services.

It can guarantee the trading volume of the Xiangjiang Futures Exchange and also help its operations, which is the best of both worlds.

Of course, the Heung Kong Futures Exchange definitely has futures products that are very successful. The representatives are soybean futures and raw sugar futures. The annual trading volume is about 800,000 and 400,000 lots. Among them, soybean futures is 30,000 kilograms per lot.

, raw sugar futures are 112,000 pounds per lot.

However, compared with raw sugar futures, the active trading of soybean futures is mainly due to the support of a futures dealer. The reason is nothing more than that their economic strength and market demand are there, and Xiangjiang's freer trading

The environment has advantages that cannot be replaced at this stage.

It is undeniable that this point that a futures dealer takes a fancy to is also the main selling point of the Hong Kong Futures Exchange. This year, no less than ten local banks and foreign banks in Hong Kong have developed interest rate, currency, stock market index futures, etc.

Financial index futures have had formal communication with Gao Xian.

What Gao Xian means is that we should form a Financial Futures Committee to promote this matter, especially with the support of the Hong Kong government. This is also a very important task for Ma Shiheng after he returns to take office as the chairman of the Hong Kong Futures Exchange.

However, although financial index futures are fun to play, they are also prone to major trading risks, which could damage the Hong Kong Futures Exchange.

Why Gao Xian and Ma Shiheng emphasized ensuring their own influence and improving the mechanism of the Xiangjiang Futures Exchange is to prevent the Xiangjiang Futures Exchange from falling into a pit and being unable to get out.

But one thing is that the balance between the attractive degree of freedom and the operation mechanism that ensures that it is not broken is a test of wisdom. One of the feasible solutions is to learn from the successful experience of the forerunners and let others have no choice.

If something goes wrong, occasionally the operating mechanism will be relaxed to attract speculators.

Ma Shiheng mused: "It seems that everyone is looking forward to the Hang Seng Index futures."

"After all, the Hong Kong stock market is well known to be developed." Gao Xian poured red wine for Ma Shiheng, who was leaning slightly. "You can also take a look at the possibility of the Hong Kong dollar foreign exchange index becoming a trading product on the futures exchange. I don't insist on it, but you have to make a good posture.

foot."

Seeing Ma Shiheng's doubtful expression, Gao Xian added with a smile: "There are many things involved here. If I can put a little more pressure on the Hong Kong government, I have achieved my goal."

The Hong Kong dollar foreign exchange index compiled by Gaoyi for many years is based on the economies that have bilateral trade relations with Hong Kong and their proportion in world trade. It selects the top fifteen among them and uses the exchange rate between their currencies and the Hong Kong dollar.

The calculated weight proportion.

It is not difficult to see that the Hong Kong dollar foreign exchange index reflects the value of the Hong Kong dollar in the international foreign exchange market. In recent years, as the Hong Kong dollar has become significantly weaker, the Hong Kong dollar foreign exchange index has also continued to decline.

It is not easy for the Hong Kong Dollar Foreign Exchange Index to become a trading product on the Hong Kong Futures Exchange. It requires at least the support of the Hong Kong government. In fact, it has been stuck at this level.

Gao Xian does not expect any breakthrough in this matter, but as long as it can put more pressure on the Hong Kong government and help him increase his influence on Hong Kong's monetary policy, it will be enough.

After Ma Shiheng truly understood this meaning, he agreed: "Understand, we have a casual attitude in our hearts, but on the surface we have to show the enthusiasm for falling in love."

"The metaphor is vivid. Many times, the Hong Kong government only listens to the words of powerful people with thicker arms than ours. It would be great to arouse their interest and leverage their strength." Gao Xian was amused, "Yes.

Please remember to urge the shareholders of Xiangjiang Futures Guarantee Company that it is time to increase the registered capital of Xiangjiang Futures Guarantee Company."

Heung Kong Futures Guarantee Company is the company that provides guarantee for the settlement of the Heung Kong Futures Exchange. It has many shareholders, which reflects that big business cannot be done without strong connections. Among them, the British-owned London International Commodity Clearing House accounts for 2% of the shares.

10. Huifeng Bank holds 20% of the shares, Standard Chartered holds 15%, and Barclays holds 10%; US-owned Chase Bank holds 15%, and French-owned Lyon

Credit Bank holds 10% of the shares; Sir Gao's Koyi Bank and Advantage Bank hold 10%.

Although the shareholders of Xiangjiang Futures Guarantee Company are all different, the registered capital of Xiangjiang Futures Guarantee Company is only 10 million Hong Kong dollars, which is a feature of a special period. Fortunately, under the leadership of Gao Xian, nothing major has happened to the Xiangjiang Futures Exchange in recent years.

Xiangjiang Futures Guarantee Company more reflects the significance of the joint guarantee of capital tycoons.

However, the Xiangjiang Futures Exchange has been growing vigorously for several years. It is time to "regularize" it. Gao Xian gave Ma Shiheng an opportunity to make achievements easily. To start with, the registered capital of Xiangjiang Futures Guarantee Company doubled to 20 million.
Chapter completed!