Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 583 "582" The right to print money is in hand! Zhang Chongbang: I'm not a villain!

The night is as black as ink,

Outside the De La Rue banknote printing factory.

Zhang Chongbang was very unwilling to be kicked out of the printing factory.

"Mr. Zhang, let's go!"

His subordinate Yi Ge called him.

Zhang Chongbang shook his head: "You go first."

He still wanted to see if there was still a chance.

Soon, Pete and the others drove away without paying any more attention to Zhang Chongbang. After all, Zhang Chongbang's double standards really made them feel uncomfortable.

Zhang Chongbang hid in the darkness and waited and waited, then saw Huang Bingyao coming. After getting off the car, he went straight into the printing factory.

"........."

Zhang Chongbang felt more and more that there was something wrong.

Soon, he drove away and headed towards Miss Fu's house. He wanted to ask for more details.

I arrived at Miss Fu's house, knocked on the door, and Miss Fu opened the door.

"Why are you here again?"

"Ms. Fu, I'm here to ask some questions."

Miss Fu was considered a good citizen, so she had no choice but to let him in to ask questions.

"What do you want to ask?"

"I want to ask about the process of Madam Fu's kidnapping and release."

Miss Fu didn’t hide much, she said she was kidnapped, released, and then invited to have tea by the Five Star Property Management Company…

"and many more!"

Zhang Chongbang's face changed: "Five-star Property Management Company? Why would Five-star Property Management Company come to you?"

Ms. Fu: “I don’t know.”

Miss Fu was not quite clear about the purpose of Five Star Properties, but as a supporter of Five Star Properties and Guan Zu, she subconsciously favored Five Star Properties, so she began to be wary of Zhang Chongbang.

Zhang Chongbang: "I want to ask, what did Five Star Property do for you?"

At this moment, Miss Fu had already begun to distrust Zhang Chongbang.

"I'm sorry, it's inconvenient to tell you."

"Ms. Fu, I'm a police officer, please trust me."

I believe you?
I don’t know you, so I might as well trust Five Star Property.

"Sorry, I'm a little tired now."

"........."

Seeing Miss Fu’s firm attitude, Zhang Chongbang knew that nothing could be done.

I could only say goodbye and leave.

After leaving, Zhang Chongbang came to the printing factory.

It is obvious that Guan Zu intervened in this matter behind the scenes and wanted to gain some benefits.

In that case, then I'll do the opposite and not let him succeed.

He squatted at the gate of the printing factory and soon saw Huang Bingyao, Qiu Gangao, Zhou Xingxing and others leave.

Not long after, he finally saw Deputy Chairman Wang of the Monetary Authority of Singapore come out, get in the car, and drive away.

Zhang Chongbang drove after him.

When they arrived at the downtown area of ​​Kowloon, he suddenly overtook and stopped Vice Chairman Wang's car.

He got out of the car, knocked on Vice President Wang's window, and took out his police officer ID.

The windows are down.

"Sir, I don't think I have done anything wrong, right?"

"Mr. Wang, my name is Zhang Chongbang, from the East Kowloon Crime Squad. I have some information I want to share with you about the police's involvement in the banknote printing factory."

Upon hearing this, Vice Chairman Wang glanced at Zhang Chongbang.

"It's not convenient to talk here, follow me."

quickly,

Zhang Chongbang drove, following Vice President Wang's car, all the way to Central, entered a building, and went straight to the private club.

It was the first time for Zhang Chongbang to come to such a place. He felt it was too luxurious and cursed these people in his heart.

In the box.

Vice Chairman Wang sat down and handed Zhang Chongbang a cigarette: "Tell me, what's going on?"

Light the fire and start smoking.

Zhang Chongbang didn't smoke, and began to speak seriously: "I suspect that this matter is controlled by Zu behind the scenes."

Vice Chairman Wang: “Huh?!”

The body that was originally slumped and relaxed on the sofa suddenly sat up.

"What did you say?"

Vice Chairman Wang naturally knew who Guan Zu was.

An absolute disaster!
cancer!

"The thing is like this..."

Zhang Chongbang recounted his case handling process.

When Vice President Wang heard about the involvement of Five Star Properties, he realized that Zhang Chongbang's guess was probably true.

"This information of yours is very crucial."

Vice Chairman Wang looked at Zhang Chongbang with admiration.

"Tell me, what reward do you want?"

"award?"

Zhang Chongbang shook his head: "No, I don't need it. Everything I do is for justice."

Justice?

Vice Chairman Wang: “…………”

He was stunned for 3 seconds by Zhang Chongbang.

Then react,

"Oh~~~"

"I understand!"

Then he took out his checkbook, wrote a check for 30, and pushed it in front of Zhang Chongbang.

When Zhang Chongbang saw this, he was immediately annoyed: "I won't accept bribes!"

He positioned himself as an upright policeman who was incorruptible, priceless, and law-abiding, and he really disliked bribes.

Of course, Vice Chairman Wang didn't believe that there were people in this world who didn't accept bribes.

and,

You are actually rebelling against Guan Zu.

This means you are a villain!

You are a villain, and you don't accept bribes?

(Shen Gongbao kicks the little demon.jpg!)
It seems that he dislikes the money I gave him.

So, with a swipe, a check for 5 Hong Kong dollars was pushed in front of Zhang Chongbang:

"That's enough now, 5 Hong Kong dollars for just one piece of information from you. It's worth it."

Zhang Chongbang blushed: "You are insulting me!"

Now it was Vice Chairman Wang's turn to get angry: "I've already given you 5, and you still think it's not enough? Do you want 10? Don't be so greedy!"

"I said, I will not accept bribes. I do all this for justice." Zhang Chongbang was so ashamed and angry that he walked away.

Bang~~~
The box door is closed.

Vice Chairman Wang: “????”

scratching his head.

I have absolutely no idea what Zhang Chongbang means.

……

……

A new day, the sun rises and the sun shines brightly. Causeway Bay, Five Star Group Building, Guan Zu's office.

Early in the morning,

Guan Zu called Chen Yongren.

"If I want to buy a large amount of US dollars, how can I do it?"

If you want the right to print money, you must have US dollars as a deposit.

The reason is that Hong Kong implements a linked exchange rate system, and the issuing bank must deliver US dollars to the Hong Kong Monetary Authority at 7.8 Hong Kong dollars to 1 US dollar (based on the exchange rate at the time) in exchange for a certificate of indebtedness as the basis for issuing Hong Kong dollars.

Every increase in the issuance of Hong Kong dollars requires a corresponding increase in US dollar reserves to be deposited with the HKMA.

Chen Yongren: "What does Zu Ge mean?"

Guan Zu: "It's like this, we discussed it yesterday..."

Guan Zu recounted what happened at the meeting at the Huaxin News Agency last night.

"Given the influence of our Five Star Bank in Hong Kong, it is natural for us to get a bigger share of the Hong Kong dollar printing share, thereby further enhancing Five Star Bank's voice in the financial field."

“But the U.S. dollar is always a problem.”

Currently, Five Star Bank has a US dollar account, which comes from: Five Star Clothing, a popular clothing brand in Southeast Asia and South Asia, generates approximately US$2 million in sales for the Five Star Group each year.

Currently, there are 5.4 million US dollars in the account.

But, 5.4 million US dollars is nothing!
As for Five Star Bank’s other industries, they are all in Hong Kong Island and the Mainland, and all are settled in Hong Kong dollars and RMB, with no US dollar settlement at all.

Moreover, during the Asian financial crisis, Guan Zu also planned to take a large sum of money to Southeast Asia and South Asia to reap the harvest. Hong Kong dollars would definitely not work, and US dollars were necessary.

Therefore, whether now or in the future, the US dollar is very important to Five Star Bank and must be planned in advance.

Chen Yongren nodded thoughtfully: "The issue of US dollars is something I have been thinking about for some time."

"Although our Five Star Bank has more than 8000 billion Hong Kong dollars in deposits, it is too weak in terms of U.S. dollars."

"I have carefully consulted experts to study this issue, and the best way is to cooperate with foreign banks and access the US dollar clearing system."

Guan Zu: "How do you say that?"

He is a genius, not an all-rounder, and he needs to slowly learn and understand many things.

"The specifics are like this..."

Chen Yongren explained in detail.

Currently, the currency in circulation around the world is the U.S. dollar, and if other currencies are to be connected to the U.S. dollar, they need to be connected to the U.S. dollar clearing system.

At that time, in 1993, the world's main US dollar clearing system was CHIPS (New York Clearing House Interbank Payments System), which was also the system that HSBC and Standard Chartered connected to.

In the New York CHIPS system, Citibank occupies a core position, handling more than US$200 billion in U.S. dollar transactions every day, and its business covers more than 100 countries and regions around the world.

Once Five Star Bank is connected to Citibank, the processing time for US dollar clearing transactions can be shortened from 2-3 days to 15 minutes.

However, not all banks will be connected to Citibank, as there are certain thresholds. But considering that five-star banks account for more than 60% of the savings funds in Hong Kong Island, the qualifications are definitely sufficient.

What does the Five Star Group have to pay? It costs money.

According to industry regulations, Citibank will charge a handling fee of 0.05%-0.1%.

Guan Zu thought about it again and again, and finally nodded.

"Contact the senior management of Citibank Hong Kong Branch. We need to discuss access to the clearing system."

"Also, besides Citibank, are there any other banks?"

"There are also Chase Manhattan Bank (JPMorgan Chase), Bank of America, Wells Fargo... there are several banks to choose from."

Guan Zu nodded: "Contact them all and see if they are interested, then make an assessment..."

Chen Yongren nodded: "Okay, I'll send it out today!"

This move is imperative in order for Five Star Bank to expand its international business in the future and enhance its voice in the financial field.

……

……

In a flash,
on Wednesday,

The plane from the imperial capital landed at Kai Tak Airport.

A leader from the banking system and a leader from the Hong Kong Special Administrative Region Office got off the plane, got on a Huaxin News Agency car, and entered the Shangri-La Hotel.

the next day,
A group of leaders visited the Governor's House.

On that day, the Chief Secretary, the Financial Secretary, HSBC, Standard Chartered, De La Rue and others all came to the Governor's House.

A closed-door meeting began.

In the beginning,
The news said: The two sides had a cordial and friendly conversation, which means that the possibility of cooperation is very high;

In the morning, the two sides had a frank conversation (the differences were so great that they were temporarily unable to communicate).

In the afternoon, the two sides exchanged their views (each said their own thing and no substantive agreement was reached).

On the third day, we continued the conversation.

In the morning, the two sides had an in-depth exchange of views (they were unable to reach an agreement and had a big argument).

In the afternoon, the leader of Dongda University finally couldn't help but lose his temper.

If you do something wrong, you must admit it!
Don't think that just because I want to talk to you, you think I have a good temper.

After the outburst, progress finally accelerated.

Then after the two sides communicated with the top leaders of the two countries.

We talked for another week.
Finally an agreement was reached:

First: Bank of China obtained the supervisory rights of De La Rue Banknote Printing Factory.

Second: The share of printing money was further divided: starting from 1994, HSBC 40%, Bank of China 30%, Five Star Bank 20%, and Standard Chartered 10%.

As for why, we had to wait until 1994?
Because neither Bank of China nor Five Star Bank has any US dollar reserves on hand.

It was not until 1994 that Five Star Bank obtained the US dollar clearing system and bypassed HSBC before it could officially start operations.

However, in terms of regulatory authority, the University of Tokyo will be able to officially take over this month.

From now on, these people will not be able to print money privately.

……

……

April 1993, Qingming Festival.

Hong Kong Island has begun to enter the ancestor worship mode.

Apart from the cemetery, the most prosperous area is Qu Street.

Many people may not have heard of Qu Street (located in Hung Hom), but it is a gathering place for funeral homes and paper-making shops in Hong Kong Island.

Just like Wedding Invitation Street is a gathering place for festive items.

Every day, hearses, coffins, and urns pass by here, and there is also the scent of lilies (wreaths, flower baskets), as well as a large amount of paper money and funeral couplets...

This year's Qingming Festival,

Guan Zu and A Xing, carrying bouquets of lilies and paper crafts, accompanied the Fang siblings and Sister Ling to the cemetery to pay tribute to Fang Jinxin.

Fang Ting was pregnant, so she didn't go.

The location of the tomb is at the "Wo Hop Shek Cemetery".

It is one of the cemeteries on Hong Kong Island, located in the northern New Territories and is very large.

Looking down from the satellite map, you can see a dense mass of dots...

To its north is Haoyuan.

Just like in Infernal Affairs, after Chen Yongren died, he was buried in Haoyuan.

(Chen Yongren: “Hmm???”)
We drove to the foot of the mountain, and saw that the road ahead was closed. Crowded citizens were winding their way up the mountain.

Along the way, I met many citizens.

"Wow~~~Mr. Guan, you are here too?"

"Mr. Guan, are your ancestors also buried here?"

"........."

This kind of greeting feels weird.

It took 2 hours to climb the mountain and worship.

Then Sister Ling began to talk to the tombstone.

Tell Fang Jinxin how Fang Zhanbo and the three Fang sisters are doing now.

Then he said Fang Ting was pregnant...

Fang Jinxin in the graveyard: I don't know whether to be happy or unhappy! Never mind, I like Ah Xing!

(End of this chapter)