2548 [Currency Issuance Right]
In Hong Kong, except for coins and ten-dollar notes issued by the Financial Authority of the Hong Kong British government, the other notes are issued by three banks, Huifeng, Standard Chartered and Bank of China.
Large Hong Kong dollars, such as twenty, fifty, one hundred, and one thousand yuan, will be marked specifically on which bank was printed and issued, and four small words [Pay with a ticket] are printed on it.
In other words, the so-called banknotes issued by these banks are something similar to [exchange coupons]. Although they can also play the role of currency, they do not have the credit endorsement of the lord.
If each bank wants to issue paper money, it usually submits a certain amount of USD to the Monetary Authority at a ratio of 7.8 to 1, and then it can issue an equal amount of Hong Kong dollars.
This practice has nothing to do with normal practice. However, now the Hong Kong dollar issued by banks cannot be exchanged into US dollars at the exchange rate, so the people naturally have to settle accounts with the bank that issues banknotes. They accuse them of fraud and require them to exchange the Hong Kong dollar in the hands of the people at the exchange rate.
This is the first time since Hong Kong opened its port, and it caused a lot of sensation.
If the foreign exchange market really loses the lawsuit, it must be exchanged for the Hong Kong dollar of the people at the exchange rate. Under the current severe situation, it will lose very, very miserably.
You should know that once the Hong Kong government announces that it will give up the linked exchange rate, the Hong Kong dollar will inevitably fall sharply. And the Hong Kong dollar has been issuing Hong Kong dollars a hundred years ago. After so many years of accumulation, the denomination amount has exceeded 2 trillion Hong Kong dollars. If it is exchanged, the Hong Kong bank must collapse.
Not to mention, due to the squeezing incident, Huifeng has lost nearly 100 billion Hong Kong dollars in deposits, and it is already in turmoil. Therefore, this lawsuit cannot be lost.
...
Xia Tian looked at the embarrassing situation of Huifeng, and while using the media to create public opinion, supporting the people to seek justice from Huifeng, he actively lobbying and wanted to seize the right to issue Hong Kong dollars.
Xia has been coveting the Hong Kong dollar issuance rights for a long time. Although getting the Hong Kong dollar issuance rights does not mean that you can print as much as you want, owning the Hong Kong dollar is an excellent proof of credibility for Tianxia Finance.
For the financial industry, credibility is crucial and can determine the life and death of a company.
For example, Qiu Degen's Far East Bank was rumored that he used the bank's money to build his own building, which caused a squeeze. In the end, he had to sell nearly 80% of the Far East Bank's shares to Baotong Bank.
The reason why Chen Songqing, the suspect in the Jianing case, deceived so many people and hundreds of billions of dollars was because he believed that he had the support of the consortium behind him, so people believed in his strength.
It can be said that once Tianxia Finance obtains the right to issue currency, Tianxia Finance will have a golden sign from now on. Whether it attracts depositors or attracts investment, it will achieve twice the result with half the effort. This will be of great benefit to the future development of Tianxia Group.
In the sniper battle six years ago, Xia Tian almost succeeded. However, because of Britain's desperate insurance, his plan failed. This time, Huifeng Bank was ruined and had no reputation. It is estimated that it would be difficult for the British Mansion to protect it.
More importantly, Hong Kong will return next year. At that time, Huifeng will lose the support of the UK, but in the summer it will be able to get support from the mainland. As one goes up and down, it will be difficult for it to maintain the right to issue currency.
...
USA.
"Butterfly Effect" has been officially completed and has entered post-production.
Its release is scheduled for Halloween, which is the prime time for American horror films.
Although "Butterfly Effect" is not a horror film, the suspense color is quite strong, and it is just right for Halloween to be released.
Although the movie was completed, the summer not only did not disconnect from Angelina Jolie and Dennis Richards, but instead became more and more entangled.
Julie and Dennis are now moving to Beverly Hills to live in. The house was originally bought and invested in the summer.
Beverly Hills is a well-known luxury residential area in the United States. Basically, people living here are not rich but noble, and are also one of the most desirable places to live.
But Beverly Hills itself is not large, with an area of only 7.5 square miles. In addition, luxury houses are distributed in low density, and the luxury houses are far apart. Some wealthy people even worry that their privacy will be spyed by their neighbors, so they bought all the houses around them. This makes the already scarce land resources even scarce.
Therefore, Beverly Hills mansions have become a rare resource like luxury goods and have the attribute of investment.
As far as summer knows, in the past life, Beverly Hills' luxury houses were popular, and even Chinese buyers came here to invest, wanting to live with Hollywood stars, NBA stars, American officials, and zombies. And its price has also risen steadily, and it even sold at a maximum of 70 million US dollars, equivalent to 420 million RMB. It is quite exaggerated.
The second reason for buying that house in the summer is that one day I want to hide my beauty in the golden house.
Now, it just comes in handy.
After the two beauties moved in, they visited every now and then and enjoyed their gentleness.
...
Among the two girls, Dennis is the favorite.
Because she looks softer and cute, Julie is a little aggressive.
But to be honest, both of them can be regarded as the best beauties in Hollywood, and any one of them is a goddess that everyone loves. Now they are here to serve him, but he is actually very lucky.
"Hani, I want to be the heroine, can I?" Dennis asked with his big eyes blinking.
Following Xia Tian, the Hollywood tycoon, if he doesn't look for opportunities to become a big star, it would be a waste of opportunities.
"What's the best thing about being a celebrity? You can only make so much money if you work hard. If you are interested, I can take you to do business together. Doing whatever you want is more profitable than being an actor." Xia Tian waved his hand and smiled when he heard this.
Unlike Julie, Dennis actually has no talent for acting. Looking at the roles she plays, all of them are vases. Vase actors have no way out in Hollywood, and even if they become popular for a while, they will soon become out of date.
For example, Jessica Alba, Megan Fox, etc. are all typical vase actors. When Jessica Alba was the most popular, she was known as the sexiest woman in the world. But after "Fantasy Four 2" failed at the box office, she quickly became out of date in Hollywood.
Megan Fox's stunning appearance in "Transformers" also made her a new generation of sex goddess in Hollywood. But after "Transformers 2", she quickly became out of date. The "Teenage Mutant Ninja Turtles" series starring in the box office performance was not very good, and it has also received many criticisms from the outside world.
Chapter completed!