Chapter 828 The center of Xiangjiang!

Author: The creeper on the fence

Chapter 828 The center of Xiangjiang!

That night.

Governor Melliehose 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 served as the Financial Secretary of the Government-General's Office, he had been an executive of Swire. After graduation, he went to Hong Kong 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 into 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 served as Financial Secretary of the Government-General's Office. Before that, he served as 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 Malihose 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 Young.

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 Young 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 Imperial Group has entered all walks of life in Hong Kong, and the depreciation of the Hong Kong dollar is very important to 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 been involved in the three major foreign banks in Hong Kong, 11 Chinese-owned banks, as well as Hong Kong Water Supply, Hong Kong Electric Power, Hong Kong 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 does not have more funds to support Hong Kong in solving the Hong Kong dollar crisis.

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

That night, MacLehose, Bill Ledge, 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, and many people are queuing up at banks to exchange Hong Kong dollars for US dollars." Yang Jirong said.

It was because of the sharp depreciation 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 for 10 Hong Kong dollars, which is equivalent to the loss of half of the wealth of many ordinary people in two years.

Especially when 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 morning.

September 26, 1983.

Monday.

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

Starting last week, all of the Empire State Building's original buildings in the Federal Building began to be moved 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. It is now vacant and will be rented out soon.

Many Hong Kong rich people 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-Levels Villa to the parking lot of the Empire State Building in Xiangjiang Central District, it is actually closer.

Get off 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 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 if you look at the window glass.

Yang Ming 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 Changchun 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, over time, she gradually got used to it. There was a subway station not far away, and Lin Xiuzhi could take the subway home without driving.

Yang Ming sat down to drink 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 Ridge who attended and presided over this press conference.

Billie 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 is pegged to the US dollar, with the exchange rate set at 7.8 Hong Kong dollars to 1 US dollar.

Compared with October 15, 1983 in history, it is a full 20 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 point on, the Hong Kong dollar and the U.S. dollar were pegged again.

There will rarely be another Hong Kong dollar crisis like the previous one.

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