Historically, the Hong Kong dollar crisis in Hong Kong has been fierce and has caused heavy losses to countless civilians in Hong Kong.
At that time, the Hong Kong dollar exchange rate against the US dollar reached a maximum exchange rate of nine to one, which was very terrifying. In one year, the wealth accumulated in Xiangjiang over the years was harvested.
In the environment at that time, the Hong Kong dollar was like turning into waste paper, which frightened the citizens.
This situation is unfolding in Hong Kong. Behind the scenes, some financial giants such as Wall Street and British Street are adding fuel to the fire and sharpening their knives.
Lu Weidong believes that the Hong Kong dollar will continue to depreciate before long.
By then, some investment institutions in Hong Kong will be heavily in debt, and a large number of them may collapse.
Perhaps, this is the time for him to buy the dip.
Lu Weidong walked to the floor-to-ceiling window and looked at the Xiangjiang River at night, admiring the beautiful scenery in the distance.
This bargain hunting will be his last chance. In the future, he should stop making such big moves.
The development potential of Xiangjiang has slowly been transferred to real estate.
The future return on investment in industry will be pitiful.
And this is the time for Dubai to rise.
Dubai will be the most dazzling pearl in the Persian Gulf in the future!
With the same rapid development process as Xiangjiang, in the future, many large international consortiums will gather in Dubai to invest.
This situation lasted for nearly a hundred years!
Lu Weidong has some concerns about engaging in real estate in Xiangjiang, but in a place like Dubai, Lu Weidong has no worries.
Right now, he has hoarded a lot of land in Dubai. This is not enough, and he must invest more in the future.
Ding ding ding!…….
When the phone rang, Lu Weidong frowned, turned around slowly, came to his desk and answered the call.
It was a call from the newly appointed President Li of Hong Kong Guojia Bank, saying that the heads of Hutchison and Swire Bank had come to visit and hoped that the banking industry would unite to rescue the market.
"Comrade Weidong, what do you think?" Finally, President Li asked Lu Weidong.
He had no experience in this matter, so he immediately asked Lu Weidong for his opinion.
Joint rescue?
This may be the only way out!
Lu Weidong paused and said with a smile: "I agree! However, I am afraid that Hutchison and Taikoo will not be able to hold on in the end! The water in this Hong Kong dollar crisis is very deep. Perhaps, they have not seen the essence of the situation clearly.
."
"When they see clearly, they will definitely retreat! By then, this will be a mess!"
Manager Li was shocked when he heard this. He hurriedly said: "Comrade Wei Dong, what can you do?"
"My suggestion is... we, the motherland, take advantage of this Hong Kong dollar crisis to take over Hong Kong's currency rights first!" Lu Weidong said seriously.
"Currency rights?" President Li's tone became a little excited, and he asked repeatedly: "Is it okay? Is it okay? This is a big deal?"
"Who can know without talking about it? Give it a try!" Lu Weidong said with a smile.
"Okay! Okay! I'll report it to the superiors immediately."......
Lu Weidong put down the phone. After thinking for a while, he dialed the numbers of Mr. Huo and the chartering king.
Perhaps, he needs to change his approach.
Although buying the bottom can make him a huge fortune, this is based on the fact that the Hong Kong dollar has not been abandoned.
What if Ah Ying behind the scenes completely gives up the Hong Kong dollar?
This is a lose-lose outcome! Lu Weidong is not willing to see this happen. After all, in several of his banks, Hong Kong dollars are the main currency...
Soon, the two people rushed over.
Mr. Huo arrived one step ahead of the charter king. He took the cigar handed over by Lu Weidong and said with a smile: "I know you can't sit still under the current situation. Weidong, do you have a way to deal with it? After all, if you go on,
Affects our Hang Seng Bank and Huafeng Bank."
"Mr. Huo, Mr. Li just called. Swire and Hutchison have approached Mr. Li and are preparing to rescue the market. I'll call you and Mr. Bao to discuss it." Lu Weidong explained with a smile.
"Where are Swire, Hutchison? Jardine and Wheelock?" Mr. Huo looked surprised.
Lu Weidong smiled and said: "Huo Lao hit the nail on the head! Maybe these two families are no longer in the mood to get involved!"
At this moment, perhaps Jardine Matheson may have heard the news.
As for Wheelock & Company, it has long since given up the idea of operating in Hong Kong. The chartering king controls 20% of the equity. In the future, it is a certainty that Wheelock & Company will leave Wheelock & Company.
"Oh?" Mr. Huo sat down and thought about Lu Weidong's words.
The two chatted for a while.
At this time, the chartered boat king also came over.
The three of them smiled and said hello and sat down.
Chartered Dynasty Lu Weidong said: "On the way, Wheelock's Madden family is going to withdraw from the banking industry completely. I have told him that I have acquired all his shares. This transaction cost 1.5 billion US dollars.
, to say the least, it’s not very cost-effective.”
The charter king shook his head repeatedly, with a trace of worry about the future of the Hong Kong dollar and the banking industry on his face.
Lu Weidong handed the charter king a cigar and said with a smile: "After the rescue activity is over, you will find that you have made a lot of wealth."
"Rescue the market? What? Weidong, do you want to take action?" the chartered king said in surprise.
"No! How can I do it alone? President Li called, Hutchison, and Swire both have this idea." Lu Weidong said.
After hearing this, the chartering king said happily: "Great! I did some exercise not long ago, and it seems to be effective."
"Ha! Mr. Bao, how many people have you attracted?" Lu Weidong said with a smile.
"They are all acquaintances! Lao Huo also knows! The only thing is that you don't have time to participate." The chartering king smiled.
Lu Weidong understood that it turned out to be the charter king holding the cocktail party.
Lu Weidong smiled and said: "The key is to see the attitude of the Hong Kong Governor! I invite you two here to discuss how to cooperate with Governor Li's rescue operation?"
"Where is Leader Li?" asked the chartering king.
"Let's report the situation! Come and participate next time!" Lu Weidong shook his head.
The chartered ship king nodded, paused, and said in a deep voice: "The Financial Secretary's attitude is a bit vague! Governor MacGong looked like he was speaking out of trouble. I guess the rescue activity this time will depend on our Chinese banks.
My suggestion is to talk to the big guys from all walks of life. To save the market is to save yourself. They are not willing to have their assets shrink, and everyone will definitely respond."
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"When the time comes, we will unite and negotiate with the Xiangjiang authorities to try to fix the exchange rate. Weidong, what do you think?"
At the end, the charter king looked at Lu Weidong with a look of anticipation.
Lu Weidong shook his head slightly and said with a smile: "That's right! This is the first step. Let President Li and others do the second step. We just wave the flag and shout. Of course, we also have to deal with the pressure from Wall Street and British Street."
After hearing this, the chartering king smiled and said: "No problem! We have dealt with them too much, why are we afraid of them? Anyway, with the support of the motherland, we will be invincible!"
After saying that, the chartering king laughed and said: "I heard that we sold a batch of arms to Agen, which made the British streets crazy! Haha! You deserve it!"
"You are quite well informed!" Lu Weidong smiled.
"Ha! Who is Lao Bao? He just wants to know!" Mr. Huo on the side said with a smile.
"Haha!" Lu Weidong laughed.
The boat charter king laughed and said: "It's all just support from friends from all over the world! Haha!"......
Afterwards, the three discussed a detailed rescue plan.
One night passed, and the next day, President Li found Lu Weidong. He whispered: "Comrade Weidong, I have received an order from above to ask you to unite a group of banks to establish a financial and monetary management committee. In the future, the committee will supervise the issuance of currency. This
This is the general direction and the specific implementation, Comrade Weidong, the task has been assigned to you from above. We at Xiangjiang Guojia Bank will assist!"
Financial and Monetary Management Committee?
Lu Weidong touched his mouth and thought to himself, this can be possible! It's as if it was tailor-made for him, Lu Weidong.
"Understood! Leader Li, I will execute it immediately." Lu Weidong said seriously.
"Ouch! Don't say that, just call me Lao Li! I don't dare call myself a leader in front of you." President Li waved his hands repeatedly, his face a little aggrieved.
He is just a small bank manager hiding in Xiangjiang. How can he compare with the giant Buddha like Lu Weidong?
"Ha! You're welcome! Lao Li! I have discussed it with Mr. Huo and Mr. Bao last night and prepared to hold a meeting to unite everyone to deal with the current situation. You are the commander-in-chief!" Lu Weidong smiled. p>
"Congress? What conference?" President Li asked in surprise.
"This is the first economic development forum conference in Hong Kong! All present are millionaires and multi-millionaires. These people are leading figures in all walks of life." Lu Weidong explained with a smile.
After hearing this, President Li said happily: "This is a good thing! Good! Good! I will attend!"
"Great! It will be held in the Auto City Auditorium in two days."......
The first Economic Development Forum conference was about to be held, and the news was released by Lu Weidong, Mr. Huo, and the chartering king.
It suddenly attracted the attention of Hong Kong's wealthy people! Everyone was talking about who was qualified to participate...
After hearing the news, the Three Real Estate Musketeers, Uncle Li Si, Guo Laoshi, and Feng Securities, were immediately excited.
The three of them got together and started discussing.
Uncle Li said sternly: "We must participate! In this way, we have entered the circle! I heard that behind this is the conference organized by King Lu under orders, which is a stepping stone to enter the mainland circle!"
Guo Laoshi listened and frowned: "Everyone is welcome to invest in the Mainland! There is no threshold."
Feng Securities shook his head and said: "What about the hidden threshold? Which industry doesn't have one? Li Si is right, the three of us must participate. If possible, it is best to be able to speak on stage. I bet that it will be broadcast live on Xiangjiang TV!
Our appearance is to advertise our companies! This kind of opportunity is rare!”
"Yes! Old Feng summed it up well! Now, the three of us brothers are going to find King Lu and we must take this opportunity." Fourth Uncle Li said seriously.
The three of them discussed it and immediately set off to Tsuen Wan Motor City.
When we arrived at the square outside the Auto City reception hall, we saw a variety of luxury cars parked in front of us. There were probably hundreds of them. The scale was jaw-dropping.
The three of them got out of their old car and looked at the luxurious car in front of them, all sighing.
"Did you see? Our chances are slim!" Guo Laoshi said in a deep voice.
Feng Securities nodded and sighed: "There are more people coming than we thought! This is not a good thing."
Fourth Uncle Li frowned, shook his head and said, "Don't be discouraged! Let's wait until we meet King Lu! We were the first friends Lu Weidong met back then."
The three of them stepped into the reception hall nervously. Sure enough, there were people shaking and noisy inside.
After the three people came in, many people in the hall turned their heads and looked over.
Now, the three of them are considered well-known real estate businessmen, and everyone smiles in return.
Some businessmen ran over and chatted with the three of them.
"Why are there so many people?" Uncle Li looked at the familiar customers and frowned.
The man in front of me is a boss in the textile industry. He bought many buildings in one go. Rumor has it that they were all given to his women.
Boss Yang from the textile industry laughed and said: "Everyone is just joining in the fun! By the way, just now, Li Huagua from your bank has already entered! It's hard to imagine! I heard that this person has been having some friction with King Lu, and now he can be invited by King Lu.
In the past, this must have been a reconciliation between the two parties."
Uncle Li, Guo Laoshi, and Feng Securities looked at each other, feeling even more nervous.
Li Huanggua is a real estate tycoon and their competitor!
If Li Huanggua and King Lu reconcile, Hang Seng Bank and Huafeng Bank will lend support to Li Huanggua in the future. In the future, wouldn’t it mean that they will not be able to get the land in Hong Kong?
Uncle Li felt a sense of urgency. He smiled at Boss Yang and prevaricated a few words, and immediately led Guo Laoshi and Feng Securities upstairs.
There are a group of security personnel at the entrance of the stairs, and Chuan Wa is here to greet them.
When Uncle Li saw Chuan Wa, he immediately smiled and shouted: "Brother, where is your master? Is he upstairs?"
Chuan Wa looked up and found that it was the Three Musketeers of Real Estate. He smiled and said: "We are meeting guests upstairs! You guys came late, and we are currently in a meeting!"
After listening to this, Fourth Uncle Li, Guo Laoshi, and Feng Securities suddenly showed a trace of frustration on their faces.
Too late!
This is such a coincidence! If I had known earlier, I would have rushed over as soon as possible...
Two days later, the first Xiangjiang Economic Development Forum was held as scheduled.
Present were not only Hong Kong business tycoons, but also big businessmen from Haojiang, Singapore, and East Bay.
Among them, the most eye-catching thing is the group of businessmen arriving from Luohu.
These businessmen directly occupied a seat in the front row. They were uniformly dressed and dressed, making everyone look at them and leaving a deep impression.
The meeting lasted three days.
Final closing!
The Financial and Monetary Management Committee was established!
A total of more than 50 major banks have joined, among which five management committees have been established, represented by the five major banks including Hong Kong Kwok Bank, Swire Bank, Hutchison Bank, Huafeng Bank and Hang Seng Bank.
Lu Weidong serves as the chairman of the committee, President Li is the general manager, and Mr. Wang, Justin, Niu Bi and Huo are independent directors.
After the establishment of the management committee was announced, the policy was announced.
In the future, the Management Committee will spend 10 billion U.S. dollars and take immediate action to rescue the market based on the exchange rate of six Hong Kong dollars to one U.S. dollar.
In addition, the management committee will review the future Hong Kong financial currency issuers, and can say no to the issuers for currency issuance behaviors that are not in line with the currency issuance...
Wow!…….
After the live broadcast on the TV station, Xiangjiang was shocked!
Countless small businessmen are running to the five major banking institutions to exchange U.S. dollars.
The market price is 6.4 Hong Kong dollars to one U.S. dollar, and the five major banking institutions offer 6 Hong Kong dollars to one U.S. dollar. This is simply a gift!
As long as you exchange it into U.S. dollars, you will make money!
For a time, everyone was excited and happily exchanged U.S. dollars!
Over the course of one day, the five major banking institutions had reduced their cash holdings by a total of US$100 million.
Soon, there were opinions within the Hutchison Bank, and Hutchison Bank's chief executive was entrusted by the board of directors to come to see President Li.
"What? You want to withdraw from the cooperation?" President Li said in surprise.