Chapter 829 The Center of Hong Kong!

That night.

Governor MacLehose and Financial Secretary Bridget discussed Sir Young's proposal to solve the Hong Kong dollar crisis.

Bridget was a little surprised to learn that Sir Young proposed a linked exchange rate solution, but he also thought it was normal.

Now, in addition to the chairman Sir Young, the other executives around the Empire Group are not simple.

Before Bridget served as the Financial Secretary of the Governor's Office, he had always been a senior executive of Swire. After graduation, he came to Hong Kong and worked as a junior executive in Swire.

In 1974, he became the chairman of the Swire Group and expanded the traditional trade and shipping industries to aviation and real estate.

Under his leadership, the Swire Group became the four major British foreign companies in Hong Kong, along with "Jardine Matheson", "Hutchison Whampoa" and "Wheelock", and Swire was the foreign company with the largest increase in net profit among the four major companies.

In 1982, he became the Financial Secretary of the Governor's Office. Before that, he had served as an administrator.

During his tenure as Financial Secretary, Bridget was brave, decisive and bold.

He just heard that the solution proposed by Governor MacLehose was proposed by Sir Young. His evaluation and impression of Sir Young was not the same as that of Jude.

He felt that Sir Young had two sides, but he was very good at business, at least much better than the Swire family of Swire.

When the Empire Group entered the cola industry and the aviation industry respectively, John Swire of the Swire family of Swire had consulted with him.

Now Billy is no longer working at Swire. He is the Financial Secretary and does not want to offend Sir Young.

Although he guessed that Sir Young was targeting Swire, from Sir Young's approach, it was a very normal business behavior.

Now, Sir Young raised the linked exchange rate issue. He felt that Sir Young had no selfish motives and was really considering Hong Kong.

"Governor, I think the solution proposed by Sir Young is very feasible."

Globally, the US dollar is the most stable now.

If the exchange rate between the Hong Kong dollar and the US dollar is pegged, the previous situation will definitely not occur again.

"Governor, does Sir Yang have anything else to say?"

"Sir Yang said that Hong Kong is a world free trade port and the world's third largest financial center. The stability of the Hong Kong dollar plays a very important role in Hong Kong's economy and finance. Today, the Empire Group has entered all walks of life in Hong Kong. The depreciation of the Hong Kong dollar has a great impact on Sir Yang and the Empire Group. In my opinion, the interests of our Governor's Office and the Empire Group are the same."

After listening, Billy felt that Sir Yang was right.

Now the Empire Group has involved the three major foreign companies in Hong Kong, eleven Chinese banks, Hong Kong water supply, Hong Kong electricity, Hong Kong telephone company, etc., basically all industries are involved.

Now, the Hong Kong dollar has indeed depreciated severely, which is really unfavorable for Sir Yang. At this time, London has no more funds to support Hong Kong to solve the Hong Kong dollar crisis.

Then it is best to follow Sir Yang's method.

That night, MacLehose, Billy and the heads of the Financial Secretary and other departments discussed it.

They decided to hold a press conference in the meeting room of the Financial Secretary tomorrow.

. . .

Yang Ming left the Governor's Office.

Back to the Repulse Bay Mid-Levels Villa.

Have dinner with Yang Jirong and his wife.

"Peter, I heard that the Hong Kong dollar has depreciated greatly, and many people have gone to the bank to queue up to exchange Hong Kong dollars for US dollars." Yang Jirong said.

It is because the Hong Kong dollar has depreciated so much during this period that many people have gone to the bank to exchange for US dollars.

Many media and newspapers reported that tomorrow, the Hong Kong dollar can be converted into 1 US dollar to 10 Hong Kong dollars, which is equivalent to the wealth of many ordinary people shrinking by half in two years.

Especially when some people need to use US dollars.

Yang Ming said: "Dad, don't worry, I think the Hong Kong dollar will stabilize soon."

Yang Ming accompanied his parents to finish dinner.

Rest for a night.

Early the next morning.

September 26, 1983.

Monday.

After breakfast, Yang Ming took a car to the Empire Group Building.

Starting last week, all the Empire Group's original Federal Buildings began to move to the Empire Group Building, and the Federal Building was already vacant.

Federal Building was originally a building under Wheelock and also Yang Ming's property. Now it is vacant and will be rented out soon.

Even many wealthy people in Hong Kong think that the Empire Group made its fortune in the Federal Building. They think that the Feng Shui of the Federal Building is particularly good, and many people want to move to the Federal Building for work.

From the Repulse Bay Mid-Levels Villa to the parking lot of the Empire Group Building in Central Hong Kong, it is actually closer here.

Get out of the car.

Yang Ming, Chen Zhenhua, Zhang Guohua and others accompanied him to take the elevator to the 150th floor.

There is another floor above here.

This is Yang Ming's single floor office building.

The whole floor is.

However, the area here is only thousands of square meters, unlike the tens of thousands of square meters below.

Here, it is already more than 600 meters high, and the view is very good in all aspects.

Originally, when Ieoh Ming Pei designed it, he even wanted to design a helicopter landing pad on the roof, but in the end, considering safety and other issues, he did not design it.

Now take the elevator up, it is actually still very high.

If you are afraid of heights, you may feel dizzy when you look at the glass window.

Yang Ming just entered his chairman's office.

The chairman's office is not large, only less than 50 square meters. However, there are small and large conference rooms next to the chairman's office.

In addition, the first floor below is the office of the general manager of Empire Group, and now Mai Lisi works downstairs.

Nowadays, it is convenient to contact through landline phones or computer area networks.

"Lin Xiuzhi, how about working here?"

Yang Ming stood at the window and looked into the distance. Whether it was Li Jiacheng's Changgang Industrial Group Building, Bao Yugang's Prince Building, or Shen Yi's Huifeng Bank Building, etc., Yang Ming could see them clearly.

Here, you can really see all the mountains.

This is the peak of Hong Kong.

Soon, Huifeng Bank will move to the Empire Group Building as a whole. When the time comes, Huifeng Bank will be demolished and the third generation of Huifeng Bank Building will be built.

However, no matter how it is built, it can't be as high as the Empire Group.

"Boss, working here is really different from working in the original Federal Building."

However, after a long time, she gradually got used to it. There is a subway station not far away, and Lin Xiuzhi can take the subway home without driving.

Yang Ming sat down and drank coffee.

A very important press conference was held in the conference room of the Financial Secretary of the Governor-General's Office today.

Among them, it was the Financial Secretary, Billy, who attended and presided over this press conference.

Billy mentioned the Hong Kong dollar crisis and other situations at the press conference.

Today, the Financial Secretary of the Governor-General's Office has officially proposed a linked exchange rate system, and the Hong Kong dollar is pegged to the US dollar again, with the exchange rate set at 7.8 Hong Kong dollars to 1 US dollar.

Compared with October 15, 1983 in history, it was 20 days earlier.

The linked exchange rate system proposed by the Financial Secretary of the Governor-General's Office of Hong Kong forced 7.8 Hong Kong dollars to be exchanged for 1 US dollar. That is, from this time on, the Hong Kong dollar and the US dollar were pegged again.

Since then, there have been few Hong Kong dollar crises like before.

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