We are all reborn, who wants to be the richest man?

The problems that occurred at the Jianing Group did cause a chain reaction.

As soon as the stock market opened, the three listed stocks of the Jianing Group began to plummet, which in turn caused all listed companies to experience more or less declines. The entire Hang Seng Index fell directly by 5% to 1079 points.

Without good news, it is now only a matter of time before the price falls below the thousand-point mark.

The ones that suffered the worst fall were Carnegie Corporation and HSBC. These two companies are quite large. As long as they continue to fall, they will definitely drive the trend of the entire market.

It's a pity that the good news didn't wait. ATV's midday news once again dashed the hopes of those fantasists who were holding on to wait-and-see shares of Jianing.

Umin Bank Malaysia issued a notice that it will send investigators to investigate the financial transactions between its subsidiary Yumin Finance and Carin Group, which is considered to be a solid fact that Chen Songqing has a large number of loans in Yumin Finance.

Immediately afterwards, the financial market reacted first. The Hang Seng Index fell by more than 8% throughout the day, and the Hang Seng Index was in danger of thousands of points.

Back in the morning, MacLehose Office of the Hong Kong Government.

MacLehose summoned Shen Bi as soon as he learned the news, because HSBC had been fulfilling the central bank's role as "lender of last resort" on Hong Kong Island.

But this time HSBC said no to the Hong Kong government, and Shen Bi expressed HSBC's helplessness.

"Hong Kong Island's economy must turn around. This is an important bargaining chip for Britain. I hope HSBC can carefully consider your decision."

"My Lord Governor, HSBC is a listed company and must be responsible for the interests of shareholders and shareholders.

I can only say sorry for this matter. I cannot sacrifice HSBC for the interests of Britain.

I am the manager of HSBC, and the interests of HSBC are my first priority, and we do not have the ability to rescue the market."

Shen Bi was unmoved by the persuasion and said that HSBC would not invest a single penny into the Hong Kong stock market to rescue the market.

"No ability? Even if HSBC's stock price falls and there are funds reserved for acquisitions by Royal Bank of Scotland, HSBC should still have a large amount of cash flow, right?"

Peng Zhizhi refuted Shen Bi's statement that he was unable to rescue the market. He felt that HSBC was trying to evade the situation and did not want to take any risks.

Shen Bi smiled bitterly, "The Secretary-General is right, HSBC does have more than 10 billion Hong Kong dollars apart from the funds to acquire Royal Bank of Scotland.

But the wave of runs is about to begin. There will always be Hong Kong people who don't trust HSBC and are afraid that their property is not safe.

This wave of bank runs is expected to cost HSBC more than three billion Hong Kong dollars. It is impossible for me not to reserve ammunition for the next fierce battle."

"What do you mean?" MacLehose didn't know where Shen Bi's fierce battle came from.

"Mr. Governor of Hong Kong, don't you think what happened this time is very strange? The Carnegie Group did not explode sooner or later, but it happened at a critical period when HSBC was competing for the Royal Bank of Scotland."

"You mean Luo Nianzhong?" Peng Zhizhi stood up directly.

The Far East Group's position in Hong Kong's economy was extraordinary, and this speculation had a huge impact on him.

Peng Jishi has studied the economy of Hong Kong Island in the past three years. In the past three years, the economy of Hong Kong Island has attracted attention and shocked the world. In addition to the rapid development of other enterprises and the large number of orders from the West, the most important thing is the driving force of the Far East Group and its surrounding industries. .

With an annual economic growth of over 20% and close to 30%, it is not an exaggeration to say that the Far East has contributed 70% of this high economic growth.

The reason why Hong Kong Island has been so financially prosperous in recent years, the Tsing Ma Bridge was built as soon as it was built, and a large number of land reclamation projects were carried out at the same time are all due to the Far East Department.

No wonder many people outside say that even a dog can manage Hong Kong Island's finances well. Luo Nianzhong is even called the economic governor of Hong Kong Island by Hong Kong people.

If this situation was really planned by Luo Nianzhong, then the Hong Kong government would have to make different plans for its role in it. Even MacLehose frowned when he heard Shen Bi's analysis.

"It's impossible. The economic collapse of Hong Kong Island and the flight of large amounts of capital will not do him any good." Peng Zhili expressed his doubts.

"What if he bails out the market?"

"Bailout? Currency issuance rights, he came based on Hong Kong Island's financial industry."

Peng Zhizhi was quite capable and figured out the key to the problem in no time.

How could the rescue be in vain? What Far East Bank currently lacks compared with HSBC is government support, one of which is the right to issue currency.

"No wonder, no wonder he wants to block the proposal to use HSBC as the settlement bank on Hong Kong Island. It seems that he is playing a big game with great intentions."

"No, the rights of the settlement bank must not be handed over to him. If that is the case, HSBC, the financial industry on Hong Kong Island, will no longer be able to resist." It is impossible for Shen Bi to accept that Island Settlement Bank is not HSBC.

HSBC was originally a product supported by the Hong Kong government and British-owned groups, and it represented the interests of British-owned companies.

No matter what the name of Hong Kong Island is in the future, if Far East Bank is really designated as the settlement bank of Hong Kong Island, HSBC will never be able to turn around again.

However, he considered the issue as a senior member of HSBC. MacLehose was different. He represented the interests of Britain, so MacLehose fell into deep thought and did not express his position.

Since HSBC had no way to save the market, MacLehose and MacLehose did not want to keep him. They even hoped that HSBC would reconsider before seeing off the guests and put the overall interests of Britain first.

Shen Bi left, and Mai Lihao and Peng Zhizhi closed the office door again.

After sitting down, MacLehose asked Peng Lizhi, "If we designate Far East Bank as the settlement bank, what impact will it have on us?"

"You, Lord Governor?"

Peng Zhishi did not expect that as soon as Shen Bi left, MacLehose had the idea of ​​​​backstabbing HSBC.

"I am the Governor of Hong Kong, a Governor sent by the British.

Just as Shen Bi said that he must consider the interests of HSBC, I must also consider the interests of Britain."

MacLehose didn't think there was anything wrong with this. He couldn't forget his last name for HSBC.

Peng Zhishi looked at MacLehose for a while, and then answered truthfully, "There will be basically no direct impact on our Hong Kong government, but if Far East Bank is designated as a settlement bank, the future financial industry on Hong Kong Island will be monitored by the Far East Group." ".

What is a settlement bank? A simple analogy is that if a person wants to transfer money from bank A to bank B, he must go through a settlement bank in the middle.

Not to mention seeing the customer information of other banks, there are many hidden rights.

The Swift we are most familiar with is actually the settlement bank. We see that beautiful countries always use Swift to sanction a certain country. The collapse of this country's foreign trade is a manifestation of power.

This is impossible for any country to hand over, except Hong Kong Island.

Because Hong Kong Island is an economic free port, the Hong Kong government cannot directly intervene in the economy. Therefore, when Soros blocked the Hong Kong dollar in 97 and failed because the Hong Kong government stepped in to rescue the market, the international community continued to criticize the Hong Kong government's commitment to prepare an economic free port.

After understanding the specific impact of the Settlement Bank and the impact on the Hong Kong government, MacLehose pondered for a while and said, "No one should talk about this matter, let's just leave it like this for now. We will have to continue to look at the next stock market situation for specific plans later." Say it again.

I will also report the truth to the British side. After all, we haven’t reached that point yet, right? "

"Understood, Lord Governor, I will leave first.

The merger of the four institutions is imminent, which can also stimulate the stock market very well, and I also have to deal with the affairs of Jia Ning Group."

"Thank you." The primary responsibility for Hong Kong Island's economic problems is not MacLehose but Peng Lizhi, who is in charge of Hong Kong Island's Financial Secretary.

MacLehose knows that this is not his problem, but sitting in this seat you have to bear these pressures.

"This is what I should do. No matter what the outcome is, I will support your decision."

What MacLehose said about thinking about the interests of Britain moved Peng Zizhi, that is, the butt determines the thoughts, and the issues must be considered wherever you sit.

Now that he is the Financial Secretary of Hong Kong Island, he is no longer the boss of a certain group. Everything must be based on the interests of Britain and the Hong Kong government.