Chapter 616: George Lavin

In the face of the current situation, Li Guangyu looked like he was sitting firmly in the Diaoyutai and was not in the most anxious about it, but there was already an undercurrent surging under the Xiangjiang River, and all forces were making their own choices about the form in front of him.

At present, the most anxious is the Singapore Development Bank, he is the bank that has taken over the most short orders from Li Guangyu's side, the stock market continues to fall, so that they have suffered heavy losses, and they also hope to be able to sell the stop loss, but they have not found the next home to take over.

Although Citibank also received an order of 10 billion Hong Kong dollars, with the strong strength of their consortium, there is not much worry, and this amount of funds is just a piece of cake for their consortium.

At this time, in the office of the chairman of the board of directors of Hong Kong Standard Chartered Bank, George LaVine was receiving a call from Singapore from Qiu Depu, the current director of the bank and the largest individual shareholder of Standard Chartered.

There is only one content, which is to ask George LaVine to transfer out the long orders in his hand as soon as possible, complete the stop loss as soon as possible, and avoid greater losses for the bank.

With such a large order in hand, once there is a liquidation, and they cannot sell it in time, if the customer does not make up for this part of the loss in time, or even if the other party is unable to make up for it, their bank will suffer a heavy loss.

George LaVine said: "Mr. Qiu, you also know the current situation in Xiangjiang, at this time the stock market has no sign of rebound, at this time it is difficult for our list to sell, unless there is any good news, otherwise we can only watch the stock market Hang Seng Index continue to fall." ”

The Singapore consortium is currently firmly established on the side of Xiangjiang, and naturally has its own sources, and is very clear about the current situation in Xiangjiang, and it is precisely because of this that he is so anxious.

This time, many of the orders they took over from Li Guangyu were the funds invested by some Western European forces, and once the position is liquidated here, it will be quite energy-consuming to go to them over there when the time comes.

And the loss after the liquidation needs to be borne by their bank for the time being, until the end of this transaction, if Standard Chartered Bank loses billions at one time, it will also be a considerable blow to him.

Qiu Teck Puat said: "In this regard, you try your best, you can transfer a little bit is a little bit, at the same time, you can contact the chairman of HSBC to meet with Youde, Xiangjiang's current economic pressure is so great, prompting the government to come up with some policies to promote the economic development of Xiangjiang, which will be a good for the stock market, and only need the government to come up with a plan, with such a plan, I believe that many people will think that the stock market will rebound quickly, so as to take over the list in your hand." ”

George LaVine doesn't have much hope for this, and it is useless to make any policy at this time, unless the dust settles on this incident, otherwise the stock market should not think about it in the short term.

And the Li consortium has made a heavy bet again this time, how can they make the stock market rebound before they make enough money, George LaVine estimates that this time the stock market Hang Seng Index will not fall below 700 points like last year, and the Li consortium will not stop.

However, since the major shareholder ordered, George Laven could only respond, and after hanging up Qiu Depu's phone, he immediately called Shen Bi.

At this time, Shen Bi was not much better than George Lavine, and he was also on the phone here, and many Southeast Asian forces demanded that HSBC sell its list as soon as possible to avoid greater losses.

After receiving a call from George LaVine, Shen Bi said: "LaVine, is there anything you are calling at this time, you are under more pressure than me now." ”

Shen Bi knew some of the situation on the side of Standard Chartered Bank, and he knew that the other party had received much more orders this time than on his side, and many European forces had intervened, wanting to make a lot of money on the Li consortium and weaken the strength of the Li consortium by the way, and the people who played the series were the shareholders behind the Carrefour Group.

It's a pity that they overestimated the strength of Britain and underestimated the determination of the mainland, resulting in not only did they not get caught by the Li consortium, but they suffered heavy losses.

George LaVine said: "Shen Bi, this time you have a lot of orders, if we let the stock market plummet like last year, once these orders are blown up, and the customer doesn't care about it, the final loss will still be borne by our bank, even if our two families are big, in the face of such losses, they will be half-disabled." ”

As soon as Shen Bi heard it, he knew that it must be the shareholders behind Standard Chartered who were anxious, and Shen Bi asked, "Laven, I don't know if you have any good solutions to this?"

After listening to George Lavin's narration, Shen Bi did not have much hope for this, the current form is not something that can be solved by one or two policies, there are problems in the stock market and the property market, and then a series of problems will be triggered, which is so easy.

Such a stock market crash can only wait until it bottoms out, and it is undoubtedly a fool's dream to reverse such a situation immediately.

Besides, Xiangjiang's policy is not Youde alone, this still needs to be discussed by the Executive Yuan, the influence of the Li consortium is not small, and Luo Cheng is a member of the Executive and Legislative Houses, how can they watch their interests suffer.

Shen Bi said: "Laven, I can accompany you to meet Youde, but you still don't have too much expectations, you still have to prepare for the worst, you must at least assess your losses this time according to the Hang Seng Index Index at the trough last year, and at the same time contact your customers and ask them to cover their positions as much as possible, and it is best not to let these orders fall into the hands of the bank itself." ”

George LaVine said: "I know it myself, but the majority shareholder tells me to do it. As for margin calls, we will contact our headquarters in London and ask them to communicate with these customers. Fortunately, this time the customers are all large groups in Western Europe, and they are not worried about not being able to recover their losses in the end, and these groups cannot afford to bear such a reputation. ”

Shen Bi then told George LaVine about the news that Tianyu Financial Group and some Chinese-funded banks were preparing to put pressure on the government to obtain the right to issue Hong Kong dollar notes at a financial conference tomorrow afternoon, and asked him for his views on this issue.

George LaVine has been so busy with the stock market that he didn't know the news at all, and when he heard Shen Bi mention it, he was shocked.

He said: "Shen Bi, the right to issue Hong Kong dollar notes is the only advantage that our two major banks currently have in the face of Tianyu Bank, and this thing must not be touched by the Li consortium, otherwise it will be more difficult for our two families in the future." ”

Shen Bi said with a smile: "Don't worry, I don't think the Li consortium can take this matter now, the British government will not agree to let the Chinese family get the right to issue Hong Kong dollars, this is a means to ensure that the British rule Xiangjiang, this time they are estimated to have to do useless work." ”

George LaVine is not as optimistic as Shen Bi, the Lee consortium's power in Britain is expanding very fast, coupled with a close relationship with the Conservative Party, now that the Conservative Party is in power, maybe it will really be fooled by the Lee consortium, so that the Lee consortium will also come in to share the power and benefits of the Hong Kong dollar banknote issuing power.

He said: "Shen Bi, since you mentioned it, it shows that you still have worries in your heart, don't say anything nice at this time, tell me about your plan." ”

Of course, Shen Bi is worried in his heart, HSBC's biggest enemy now is Tianyu Bank, and his position is becoming more and more precarious, maybe one day it will become a stepping stone for Tianyu Bank.

Shen Bi said: "Lavin, in addition to the opinions you put forward in our meeting with Youde, the focus of our meeting this time is to emphasize the threat of the Li consortium to our British-funded consortium and their threat to the British rule of Xiangjiang, and we must let Youde let the Monetary Authority resist the pressure of the Chinese-funded banks this time to prevent Tianyu Bank from obtaining the right to issue notes in Hong Kong dollars." ”

George LaVine also didn't want the Li consortium to come and divide their interests, so he agreed to Shen Bi's proposal without any hesitation.

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