"Ah Chen, what do you think of the recent fluctuations in the Hong Kong dollar?"

Without convincing Yang Chen on the immigration issue, Huo Zhenting stopped the issue. He was afraid that if Yang Chen continued talking, he would not convince the other party, but the other party would convince him first.

Yang Chen took a sip of tea without finishing his thoughts, and said with a somewhat indifferent tone: "I seem to have reminded you before."

Huo Zhenting: "I told the old man, but the Huo family's funds have been transferred to the inland a long time ago. Whether the Hong Kong dollar depreciates or not has little impact on the Huo family."

"Now the old man is worried that if the Hong Kong dollar continues to depreciate like this, there may really be chaos in Hong Kong. The inland side takes this issue very seriously, and they don't want any turmoil in Hong Kong."

"Don't worry, there will be no chaos in Xiangjiang. I have already ordered Hang Seng Bank to be prepared."

Seeing Huo Zhenting staring at him curiously after listening, wanting to ask but hesitating, Yang Chen couldn't help but smile and said: "You also know, I made a little money in the United States before, and I have a lot of US dollars in my hand.

It’s the same as leaving it in Hong Kong dollars.”

Huo Zhenting: "..."

‘Made ‘a little’ money’

‘I have a lot of dollars on hand’

…

These words can only come from Yang Chen's mouth so that people won't be too surprised.

However, some of the speechlessness is true.

Even Huo Zhenting couldn't help but be jealous of Yang Chen's gaming company's ability to attract money, especially when he heard that Orange Technology Company had unseated the number one gaming giant in the United States, and then there was news that it was preparing to acquire the number one gaming giant in the United States.

To be honest, Yang Chen's movements are getting bigger and bigger now. Even his character who doesn't fight or grab feels a bit stressed.

Acquiring an American company and becoming a giant in the industry. Even though the game industry is just an emerging industry, with the value generated by the game industry in recent years, especially after the emergence of Orange Technology, the output value of the game industry has actually far exceeded that of many traditional industries.

industry.

Therefore, when the news came out that Chengzi Technology Company was preparing to acquire the number one gaming giant in the United States, not only was the entire United States shocked, but even overseas media started to report heavily after learning about the news.

Of course, whether there are more or less dollars is just an excuse.

Since entering 1983, because British-funded companies and non-Hong Kong companies are bearish on Hong Kong's economy, British-funded companies and non-Hong Kong local companies have successively issued news of leaving Hong Kong.

Due to a series of actions taken by these companies after they issued the news, large amounts of funds flowed out, causing Hong Kong's foreign exchange reserves to continue to decline, which in turn caused the Hong Kong dollar exchange rate to show a straight downward trend.

From a few years ago, the exchange rate for one U.S. dollar was four to five Hong Kong dollars, and now it has fallen directly below the exchange rate for one U.S. dollar, which is about eight Hong Kong dollars, and this number is still falling.

As one of the most economically prosperous regions in Asia, Xiangjiang is also a free economic zone. Foreign exchange is very important to Xiangjiang, which can maintain the continued prosperity and stability of Xiangjiang's economy.

Compared with the departure of manufacturing companies from Hong Kong and the immigration of elites, the impact on Hong Kong's economy is far less severe than the loss of foreign exchange.

Since Xiangjiang adheres to a free economic system, restrictions on currency exchange cannot occur unless it is absolutely necessary.

Once Hong Kong makes any regulations that hinder the free exchange of currencies, the entire Hong Kong economy will be greatly affected, and it is also possible that Hong Kong will lose its current economic status and value in Asia.

Since restrictions cannot be made, there is nothing wrong with the depreciation of the Hong Kong dollar. After the devaluation of the Hong Kong dollar, a series of impacts have caused Hong Kong people to depreciate the Hong Kong dollar too quickly, resulting in a certain degree of panic and market follow-up effects.

If a British-owned company wants to leave, it first needs to convert the cash in the company into other foreign currencies and transfer it out. If the elite wants to immigrate and leave, they also need to convert into other foreign currencies to go abroad.

Except for the above two who really want to leave, most of the other non-Hong Kong local companies are conservative and convert their own liquid cash into currencies that they think are valuable.

As for the local companies in Xiangjiang, although they don't want to see this happen, in order to protect their personal worth, or prevent their worth from shrinking too much, they are also frantically exchanging foreign currencies.

Rich people are all exchanging foreign currencies, and the common people at the bottom are not fools. Everyone has seen the depreciation of the Hong Kong dollar, and naturally everyone is eager to exchange the Hong Kong dollars in their hands for foreign currencies that maintain their value.

Therefore, the scene from 1973 has reappeared on the streets of Xiangjiang. The whole of Xiangjiang has launched a general mobilization. However, unlike in 1973 when everyone was crowded outside the exchange, now everyone is crowded in front of the major banks in Xiangjiang.

Facing the fierce crowd of exchangers, apart from the two note-issuing banks, HSBC and Standard Chartered, among the major banks in Hong Kong, Hang Seng Bank is the most calm. No matter who comes and how much foreign currency is exchanged, Hang Seng Bank will accept everyone who comes, and Hang Seng Bank

It is the only bank among all Hong Kong banks that does not have restricted window cabinets.

You know, even HSBC and Standard Chartered Bank have reduced their window holdings to slow down the speed of depositors exchanging foreign currency. This move by Hang Seng Bank has undoubtedly become a highlight among many banks in Hong Kong.

Of course, as a company, Hang Seng Bank cannot do good things without making money. According to the external currency market conditions, Hang Seng Bank does not dare to punish its own small depositors too harshly.

After all, it is not easy for Hang Seng to build a reputation over the years. In addition, although there are many small depositors, the amount of deposits is not large, and there is not much profit from wool playing. It is not worth losing the reputation accumulated over decades for a small amount of money.

.

However, it is different when it comes to those big depositors. According to the current market situation, Hang Seng Bank will not discount at all. The minimum exchange rate is 1:9, which is an acquaintance treatment. However, for those big depositors who are not Hang Seng Bank and British-funded enterprises, Hang Seng will

I no longer have any burden on my heart, and the killing was quite ruthless.

Anyway, Hang Seng is not the only one doing this in Xiangjiang. HSBC and Standard Chartered are both making crazy money now. As the note-issuing banks in Xiangjiang, both of them have British-funded backgrounds. They know very well that neither the British government nor the inland government are interested in it.

I will watch helplessly as chaos occurs in Xiangjiang at this time.

In order to stabilize the Hong Kong dollar exchange rate and maintain Hong Kong's economic prosperity and stability, the Governor's Office will inevitably introduce corresponding policies in the future. However, the two banks have not yet figured out where the government's bottom line is, so no one dares to take it too harshly.

.

Unlike HSBC and Standard Chartered Bank, Yang Chen knows exactly what policies Xiangjiang will introduce next.

Therefore, Hang Seng Bank’s appetite is quite good.
Chapter completed!