.

You know, this is not yet an era when future Internet giants are everywhere.

When he saw Chen Fang for the first time, Li Guokai said directly without any ink: "This morning, was it you who took action?"

"Well, a total of 9 billion Hong Kong dollars was invested..."

"You, you, let me tell you what you are good at."

"Second uncle, I feel like I will win this time. Didn't you see that the government has already taken action?"

"Why....."

Li Guokai sighed, but this was all Chen Fang's money, so he couldn't say anything more. Besides, it couldn't all be lost.

Guan Lin was sitting next to her without saying a word... How could she speak in front of Li Guokai?

"By the way, uncle, do you know the director of the Hong Kong Monetary Authority?"

"I know you, why are you in trouble?"

Li Guokai naturally knew him. Xiangjiang is so big, but he just didn't know why Chen Fang was asking this.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! "That's it, I have a few suggestions that may increase the bank's liquidity...The bottom limit may be more than 6,500 by then.

Click, there will be more space by then..."

"Okay, I'll make an appointment for you right away..."

Li Guokai was not specific either. The main reason was that he didn't understand this very well. Instead of asking Chen Fang to explain it now, it would be better to listen to it together later.

He soon got an idea, and Li Guokai said: "Chen Fang, the other party promised to have five minutes after one hour. I hope what you said will be useful."

This was earned by Li Guokai who sacrificed his face. No matter what the situation is now, especially the director of the Hong Kong Monetary Authority, life was really difficult at that time.

"Okay, it won't be too late, we'll set off right away."

Then the two rushed to the government office, and finally saw each other. After Li Guokai introduced him, the other party adjusted his glasses and found out that this was the person who was long in the stock market this morning.

So he stood up and said: "Chen Sheng, thank you for your help this morning..."

Nowadays, everyone wants to short Xiangjiang and wishes that the stock and foreign exchange markets would collapse immediately. There are really very few people like Chen Fang who are optimistic about Xiangjiang.

"You're welcome, I'm just doing my best... This time I'm giving you a suggestion..."

The linked exchange rate system has contributed greatly to Hong Kong's currency stability over the years, but this system also has inherent flaws.

Although the cash in circulation in Hong Kong is backed by 100% U.S. dollar foreign exchange reserves, this is not the case for bank deposits. The Hong Kong Monetary Authority only allows the note-issuing bank to issue 7.8 Hong Kong dollar cash notes after receiving a U.S. dollar pledge.

On top of this base currency, banks can create deposits at multiples through mortgage credit and other methods. There is a drawback in this, which will inevitably cause the Hong Kong dollars loaned out to have no corresponding U.S. dollars.
Chapter completed!