Through the wealth life

Chapter 693 Government Regulation
On the next morning, the heads of the major banks and financial institutions in Xiangjiang came to the Governor's Mansion to attend the Xiangjiang Financial Conference chaired by Governor Youde himself. The heads of the top families in Xiangjiang were also specially invited to attend.

The McBurney DeShawn incident was the highest-ranking official in Xiangjiang after the establishment of the ICAC. It had a great influence and had a very bad impact on the economic development of Xiangjiang.

It's just that Li Guangyu felt that the McBurney Deshawn incident was deliberately announced by the Xiangjiang government or the British government in order to create pressure on the current situation in Xiangjiang.

Otherwise, knowing that the current property market and financial situation in Xiangjiang are not very good, and at this time, the director of the Xiangjiang Financial Management Bureau is brought out. Isn't this obviously going to aggravate the current situation in Xiangjiang?

And what's even more weird is that the Jardine Matheson Group moved its registered office the morning before yesterday, and announced in the afternoon that it would increase investment in Xiangjiang to stabilize the confidence of the citizens of Xiangjiang, so as to offset the negative impact of the Jardine Harmony Group.

It emerged yesterday that McBurney DeShawn was invited in by the ICAC for bribery and dereliction of duty.This is the director of the Xiangjiang Financial Management Bureau. How dare the ICAC invite him in without the approval of Governor Youde and England.

Li Guangyu didn't believe that Youde and Yinglun didn't know the current situation of Hong Kong, and how much influence McBurney Deshawn's entry would have on Hong Kong's financial market.

Li Guangyu has nothing to do about it, and now he can only try his best to lead the Li consortium and interest groups to stabilize the current situation. Fortunately, because of his arrival, East Asia, Asia Business, Sun Hung Kai, and Hong Kong Bank did not fall into this situation in this life. During this crisis, it has preserved its strength very well. In the future, in Xiangjiang, Chinese capital will not allow HSBC and Standard Chartered to occupy most of the market share in the financial market.

Li Guangyu saw that Chen Zengxi, the chairman of the Hang Lung Group, had a rather haggard face, and it seemed that he was also severely hit by this crisis.

At the meeting, Youde asked all major banks and financial institutions to abide by Xiangjiang's laws and not bribe public officials. At the same time, they must consciously abide by the rules and regulations of the Financial Administration, strictly control the risks of banks and financial institutions, and avoid crises.

At the same time, Youde asked all banks to try their best to maintain the normal operation of banks and financial institutions, and not to learn from Xie Liyuan Gold Shop's practice and choose to escape.

Youde said: "Unless you apply for bankruptcy to the government, if someone chooses to dodge like Xie Liyuan Gold Shop, our government will pursue it to the end. At the same time, our Monetary Authority will once again strengthen the supervision of your banks and financial institutions. There will be staff from the ICAC and Xiangjiang Economic Crime Investigation Bureau to assist in preventing the Xie Liyuan Gold Shop incident from happening again."

Many people in the meeting were not very good-looking. Many of their own banks are estimated to be in a state of thunderstorms. Once the Financial Administration strengthens supervision, they are likely to be bankrupt and liquidated.

Especially some bank executives who are related to McBurney Deshaun this time, they not only face big problems in the bank, but also the ICAC will not let them go, and the crime of bribery will be dealt with at that time.

Li Guangyu and Feng Jingxi are currently in the most relaxed mood. Due to the strict control over the real estate business in the early stage, their banks have not experienced major bad debts, and the banks have relatively sufficient reserves, so they are not worried about a run on the bank.

Those people who laughed at them in their hearts for being stupid and turned away customers because they had money but didn’t make money, are now all frowning. They had already discussed it yesterday, and they will not go to rescue them now.

After they go bankrupt, several major banks will take action to acquire these small and medium-sized banks, expand their own business, and at the same time stabilize the financial situation in Hong Kong.

After the meeting, Governor Youde left Li Guangyu alone to communicate with him about the current situation in Xiangjiang.

In the small living room, Youde said to Li Guangyu who was sitting opposite: "Mr. Li, what you did this year is quite different from what you did in the past two years. It seems that you still have great expectations for the future development of Xiangjiang." Hope."

Li Guangyu said: "Mr. Governor, I think you also hope that the development of Xiangjiang will get better and better. Xiangjiang has unique advantages and very good economic policies. I believe that the economic development of Xiangjiang will get better and better in the future. Some of the current difficulties are temporary."

Youde is really not interested in Li Guangyu's words now. Li's consortium has always said this since its establishment, but this is not how it invests.

In the past two years, the Lee Consortium has reduced the investment scale of Xiangjiang, but today it suddenly announced a series of investment projects involving tens of billions of Hong Kong dollars. It can be said that it has full confidence in the future economic development of Xiangjiang. Youde is not sure what gave Li Guangyu With such great confidence, isn't he worried that he will lose everything by then?

However, for him, the stable development of Xiangjiang is also very beneficial, and he does not want Xiangjiang's economic development to regress under his own governance.

It’s just that there are some people in England who want to create something in Xiangjiang to affect the current situation in Xiangjiang. To maintain a healthy and stable development.

Youde said: "Mr. Li, I know you have some calculations in your heart, and I also hope that Xiangjiang can maintain stability. I also hope that you can stick to your consistent position. Businessmen should run your business well, and you should not get involved in some things." Well, that would be bad for everyone."

Li Guangyu was not interested in participating in this, it was too dangerous, he had better protect his property.

Now all forces are staring at him. If he makes some moves, maybe a large market will be destroyed in this way, so he won't do that.

Li Guangyu said: "Please rest assured that our group will only focus on the development of the group and make our contribution to the Xiangjiang economy. You don't have to worry about it."

Afterwards, You De also discussed with Li Guangyu the current economic situation in Xiangjiang, and asked Li Guangyu's opinion on this issue.

Youde still admires Li Guangyu's vision on the economy. If it weren't for Li Guangyu's unique vision, the Li's consortium would not have developed so strong.He also hoped to get some suggestions from Li Guangyu, which can be used as a reference for Xiangjiang's future development policies.

Li Guangyu said: "Mr. Governor, I believe you are quite clear about the current situation in Xiangjiang. As long as this problem is solved, these problems in Xiangjiang will be solved. I believe that Xiangjiang's problem will soon return to calm. The future development will be even faster.”

Youde is naturally aware of the main reason for this round of Hong Kong's economic crisis, but this is not something he can decide and solve. He can only try to maintain the stable development of Xiangjiang in this position and avoid major turmoil.

Youde said: "Mr. Li, I know that your Xiangjiang Air Transport Group has opened a school of your company. I wonder if you would like to upgrade it to an independent institution of higher learning to promote the development of Xiangjiang's higher education."

Li Guangyu rebuffed this. At present, this school does not have that kind of strength at all, and they cannot provide so many jobs. When the time comes, becoming an independent school will only mislead the students.

……

(End of this chapter)