My father, Zhao Lichun, is in the name of Tiggo!

There is a saying that goes,

If you don’t have rice in your hand,

you won’t even get a prostitute.

Since Zhao Ruihu dared to speak up,

of course he had prepared in advance.

In the past few months,

he has done three things.

The first thing is to strictly supervise the progress of the palace construction in the Cultural Park,

to ensure perfection!

The second thing is to closely monitor the situation of the group practicing Qigong in Hong Kong Island,

and to exchange opinions with the Security Department.

The third thing is to collect financial information in Asia Pacific and monitor NGO-related organizations in Hong Kong Island.

It has been a few months,

with Mr. Zhao’s arrangement,

of course it has been effective.

Zhao Ruihu stood up: "Sir, the report will be delivered soon."

"The report is compiled by CIB, and all relevant personnel have signed confidentiality agreements, please rest assured."

Although Zhao Ruihu talked to Dong Dongfang easily,

In fact,

The four words "financial crisis" must not be spoken lightly.

"Okay."

Dong Dongfang said: "Ruihu, I'll take a look first."

"If..."

He sighed,

From the bottom of his heart,

I still don't want this to happen.

"I will ask reliable financial people to help review it."

"I will report it when the time comes."

Zhao Ruihu bowed respectfully,

This matter has great risks,

It's not that Zhao can't do it,

It's just that it's suspected of sensationalism.

Dong Dongfang is willing to take it up,

This is to protect his nephew.

Zhao Ruihu walked out of the banquet hall,

Lu Mi, who was standing outside, hurried forward,

He said affectionately: "Sir Zhao, have you finished eating so soon?"

Zhao Ruihu smiled and said: "There is still something."

"I understand, I understand."

Zhao Ruihu has already jumped out of the three realms,

Will not grab his position,

Lu Mi is naturally very enthusiastic,

He smiled: "I haven't thanked Sir Zhao for his help yet."

"In a few days, if there is time, Sir Zhao must do me the honor of having a meal together."

"Okay, okay. "Six nine seven"

"

Zhao Ruihu habitually patted Lu Mi shoulder: "Xiaolu."

Secret Lu was happy to do so: "Sir Zhao."

"We still have a long way to go in the future."

Zhao Ruihu smiled and said: "I hope you can assist Mr. Dong and make a career."

"I should, I should."

Secret Lu nodded and bowed: "Sir Zhao, I will definitely remember what you said."

Zhao Ruihu laughed: "Go in, Mr. Dong may have something to ask you."

"Okay."

Secret Lu happily entered the banquet hall,

Sure enough,

Dong Dongfang ordered: "Go and borrow Mr. Ye Baoyi."

"Don't show off."

Ye Baoyi is a well-known economics professor in Hong Kong Island.

After Zhao Ruihu, Dong Dongfang was summoned first.

It turned out that the first person summoned was an authority in the economic field?

Lu Mi was shocked: "Yes, I will go right away."

Ye Baoyi is about 30 years old.

Wearing a pair of glasses,

Looks gentle and refined.

When he arrived,

Dong Dongfang was reading the report sent to him.

"Professor."

Dong Dongfang bowed: "I asked you to come here because I have something to trouble you."

Ye Baoyi walked over quickly: "Mr. Dong, I am just doing financial research."

"You asked me to come here for financial analysis of Hong Kong Island?"

"Logically speaking, the HKMA's report will be more comprehensive."

Dong Dongfang smiled bitterly,

He handed the report in his hand to Ye Baoyi: "Professor, some things always have their reasons."

The report was talking about the impact of the withdrawal of Japanese yen on the Thai baht,

Ye Baoyi glanced at it,

His face immediately tightened,

his body also stiffened.

Dong Dongfang took a look,

the whole person felt like falling into an ice cellar.

Ye Baoyi turned to the first page of the report and began to read it,

He read ten lines at a glance,

and soon finished the whole report.

"Mr. Dong."

Ye Baoyi admired: "I didn't expect the new government to notice the possibility of an economic crisis."

"Great!"

Ye Baoyi is devoted to the study of finance,

and has a lot of experience in this field,

and the most rare thing is that

he has no connection with the major financial tycoons in Hong Kong Island,

his speech and stance are relatively neutral,

and he can act impartially.

Hearing this,

Dong Dongfang trembled: "Professor, you mean, economic crisis?"

"Is this report true?"

Ye Baoyi was surprised: "Mr. Dong, although the report is not rigorous enough in terms of numbers, its logic is completely valid."

"In fact, I have also been paying attention to the outflow of Japanese yen recently."

He said: "In the past two years, due to the successive collapse of Toyo Bank, the Japanese yen has continued to flee back to the country, causing considerable economic pressure on the Asia-Pacific side."

"After the Mexican peso incident in 1994, I have been thinking about the direction of the Asia-Pacific economy."

"I didn't expect that someone had already predicted this in advance and made an analysis."

Ye Baoyi was full of praise.

In 1994,

The Mexican peso collapsed,

In just three months,

the stock market evaporated half of its market value.

If the United States had not intervened,

Its posture would definitely have triggered an economic crisis around the world.

Ye Baoyi added: "In the Mexican peso crash, the Dai country, the leader of the four Asian tigers, showed signs of crisis."

"I have always suspected that those international tycoons are very likely toMaybe he will turn his attention from Mexico to Dai. "

"Now it seems that great minds think alike."

The more certain Ye Baoyi was,

the more desperate Dong Dongfang became.

Later,

he couldn't help asking, "Professor, do you mean that what this report predicts is very likely to be true? ”

Dong Dongfang still couldn’t believe it.

From the perspective of economic fundamentals alone,

Hong Kong Island should not have fallen victim to the financial crisis.

Compared with several economies in the Asia-Pacific region,

Hong Kong Island’s economic foundation is impeccable.

From a macro perspective,

Hong Kong Island’s economic growth was 5.5% that year,

the fiscal surplus accounted for 4.4% of GDP,

there was almost no foreign debt,

foreign exchange reserves exceeded 100 billion US dollars,

ranked third in the world.

From a micro perspective,

the company’s debt ratio was the lowest in Asia,

and its banking system was the most robust in Asia. It’s really impossible!

Ye Baoyi was silent and then nodded: "Mr. Dong, the volcano is about to erupt. It will either be this year or next year, or the year after next at the latest."

"It’s like cancer. It’s not necessarily effective with chemotherapy. It can’t be suppressed. ”

He explained: “As an international financial center, Hong Kong Island has indeed benefited from the huge inflow of foreign capital, but it has also brought asset bubbles in the financial and real estate markets.”

“Everything has its pros and cons. Since you enjoy the benefits, you will naturally suffer from the disadvantages. International hot money is easy to move, and it is easy for others to launch attacks.”

Dong Dongfang’s heart dropped straight down.

He found that

Tsui Hu was still a little conservative when he spoke to him.

No wonder the young man said that he would read the report to him.

He also didn’t have the heart to explain it in detail.

“Professor.”

Dong Dongfang gathered his spirits.

He asked: “Is there any way to stop it?”

Dong Dongfang followed: “I can’t control others, but this kind of thing must not happen in Hong Kong Island.”

Ye Baoyi smiled bitterly: “Mr. Dong, the market is not subject to human will.”

“What’s more, "

Ye Baoyi thought to himself,

Power belongs to the rich,

The economic crisis was originally a revenge from the bottom up,

It was a counterattack against the rich and powerful.

With these people around,

even the best policies will be violated.

Ye Baoyi thought about it,

still shook his head.

Dong Dongfang seemed to see what he was thinking,

and said decisively: "Even if we are enemies with all the consortiums, we must stand on the side of small and medium-sized enterprises to build a market where everyone can invest safely."

"This is my goal."

"Professor!"

Dong Dongfang begged: "We can't just sit back and do nothing. How can we explain to the general public?"

"When the storm comes, the gentlemen can still enjoy red wine and steak,Then continue to eat the corpse. "

"But what about the general public? Do you want me to watch them jump off the building?"

Ye Baoyi was unmoved.

He studied finance and

knew the ruthlessness inside.

He just looked at Dong Dongfang and said, "Mr. Dong, your original intention is good."

Dong Dongfang said firmly, "Professor."

"Everyone elected me because they hope I can serve the general public of the Hong Kong government, not to make me a paper man at the entrance of the shopping mall."

"Since you also said that this is likely to happen, I must find a way to stop it."

"You don't want to take the lead, that's okay, I understand."

Dong Dongfang said, "I just hope you can give me some advice for the sake of the general public, okay?"

Ye Baoyi sighed, "It turns out that Mr. Dong is so determined. ”

Dong Dongfang smiled bitterly: "I was born and raised in Hong Kong Island. I can't say I am worthy of the general public, but at least I can't let the neighbors poke my spine."

Ye Baoyi nodded: "Mr. Dong, the problem now is that it is difficult to contain the outside world."

"There is nothing we can do about it."

Seeing Ye Baoyi's reassurance, Dong Dongfang

immediately said: "It would be best if there is no such thing, but if it really happens, I can only protect Hong Kong Island."

"Hmm."

Ye Baoyi said slowly: "Mr. Dong should know that the most popular thing in the Asia-Pacific region now is the Washington Consensus. ”

The Washington Consensus was a seminar held in 1989 to resolve the Latin American crisis.

The main participants and institutions included researchers from the International Monetary Fund (IMF), the World Bank (WBG), the Inter-American Development Bank, the U.S. Treasury Department, and representatives from Latin American countries.

Because it was held in Washington,

it was named the Washington Consensus.

Dong Dongfang nodded immediately: "Yes."

The main core idea of ​​the Washington Consensus is Adam Smith's economic idea of ​​free competition,

which is in line with the Western liberal tradition.

It was later promoted in developing countries by international organizations such as the International Monetary Fund and the World Bank,

and thus became popular in the Asia-Pacific region.

At that time,

those who were doing economic research in the Asia-Pacific region

always mentioned the Washington Consensus.

Ye Baoyi said meaningfully: "If you want to stop it, you have to do the opposite of it. ”

The opposite?

The Washington Consensus emphasizes the free flow of foreign exchange,

Flexible floating interest rates…

Ye Baoyi’s meaning is very clear,

The government must intervene!

Unfortunately,

This is contrary to the regulations of the Hong Kong government.

Dong Dongfang’s mind suddenly sank again.

“Although it is not very appropriate, I still want to give this example.”

Ye Baoyi said: “It’s like a woman being stalked by a pervert. If she resists, she will be beaten to death and raped... ”

“If she cooperates,Of course, she would be raped, but she might be able to save her life. "

"What should I choose?"

Ye Baoyi put the report on the table,

He said to the silent Dong Dongfang: "Financial crisis is of course a disease. To stop it, we just need to stabilize finance, support enterprises, and protect employment."

"As long as enterprises can still operate, everyone has work to do and money to get, then there is naturally a way to get through it."

The worst thing about the financial crisis is that companies go bankrupt,

a large number of people are laid off,

which triggers a series of social crises.

Although Ye Baoyi's words were concise,

they pointed out a clear way for Dong Dongfang.

Dong Dongfang's eyes lit up,

and he pulled Ye Baoyi to sit down: "Professor, please speak more. ”

Seeing Dong Dongfang being so respectful,

and worried about the citizens,

Ye Baoyi hesitated and said, “Every time there is a stock market crash in Hong Kong, the interbank offered rate will rise sharply.”

“During the stock market crash in 1987, it was as high as 300%. ”

This move is actually to prevent speculators from borrowing Hong Kong dollars,

but this thing is only a temporary measure,

if it lasts a while,

the bank will not be able to bear it,

and it is very easy to be run by people,

which is more likely to cause stock market turmoil or even collapse!

Dong Dongfang seemed to understand,

but he respected professionals,

and continued to listen.

Ye Baoyi said again, “Confidence is more important than anything else.”

“In fact, the most important thing is to stabilize the exchange rate of the Hong Kong dollar and the Hang Seng Index. ”

“If the market stabilizes, the stock market will naturally be less likely to have big waves.”

“Yes, yes.”

Dong Dongfang nodded repeatedly: “Professor, what you said makes sense.”

“Professor!”

He suddenly held Ye Baoyi’s hand tightly: “I have an unwelcome request.”

Ye Baoyi knew what Dong Dongfang was thinking,

and smiled lightly: “Mr. Dong.”

He patted the report on the table lightly: “You are really begging for food while guarding a gold mountain.”

“This person foresaw it in advance and made corresponding analysis, and he had a plan in mind.”

“Why go far away?”

Ye Baoyi stood up,

He bowed to Dong Dongfang: “Mr. Dong, this person is the golden finger.”

“If this person is willing to come forward, I am willing to serve him! ”

“Goodbye!”

Before leaving,

Ye Baoyi remembered something,

He stopped,

Then asked seriously: “Mr. Dong, do you have the honor to know who this gentleman is?”

“Sir Zhao!”

Ye Baoyi was stunned,

This is really unexpected,

He smiled again: “Thank you, goodbye!”

Dong Dongfang was already standing there,

Yes,

He thought,

Isn’t he just begging for food while guarding a mountain of gold?

HKMA, Financial SecretaryThere was no warning,

Tiggo had already told him to pay attention to the economic crisis,

and had already started investigating!

With such a ready-made golden finger,

he went to find a monk outside?

Dong Dongfang suddenly smiled,

It was really lucky,

With Tiggo's help,

he thought,

his life should be much better.

Thinking about it,

Dong Dongfang picked up the report on the table and read it,

this time he was more certain,

read it with relish,

and wrote down his thoughts from time to time.

At last,

Dong Dongfang let out a long sigh: "3.8 Tiggo is really a lucky star, Hong Kong Island is blessed!"

…

The private room of the Peninsula Hotel is full again,

Huang Shitong and others are playing cards: "Buy HSBC for Christmas."

Several gold medal brokers laughed while playing cards: "It's rare for Zhao Sir to take care of it."

"Before the New Year, everyone finally has something to do."

Huang Shitong and others came at the invitation of Zhao Ruihu,

As for what to do,

Everyone knows it,

It's to help Longhu Group carry the sedan chair.

For this,

Huang Shitong and others are very confident.

Tap,

Tap,

Zhao Ruihu walked in,

He looked arrogant and spirited,

He was full of energy and spirit,

It was like a king walking down from the throne!

"Sir Zhao!"

Huang Shitong and others quickly threw down the cards in their hands,

They all ran to Zhao Ruihu and laughed: "Play cards to kill time."

Zhao Ruihu smiled and shook hands with everyone: "I am late."

"Come, come."

He sat at the head: "I haven't played cards for a long time. Today I am lucky to play a big D with everyone!"

"It's over, it's over."

Huang Shitong and others laughed: "Sir Zhao's luck is at its peak."

"Last time, I was killed by Sir Zhao without a single piece of armor left. This time, it seems that I will be defeated again."

Zhao Ruihu laughed: "It's a matter of time. It's hard to say, will luck be with you this time?"

"Come on, come on, don't be polite today!"

Huang Shih-tung said while shuffling the cards: "Sir Zhao, Dragon Tiger Group has been approved for listing, with a registered capital of HK$500 million and a paid-in capital of HK$200 million, divided into 100 million shares, with a par value of HK$2 per share and a premium of HK$1."

"The underwriter has also been found, no problem."

He smiled and said: "Now it's a bullish listing."

"Our initial idea is to hype up the stock price by 5 times on the day of listing."

"Then gradually acquire several companies on Hong Kong Island."

"Cheung Kong and Wharf Holdings will come in to carry the sedan chair!".