Chapter 342: Negotiating the Ending

Seeing the dispute between the two sides, MacLehose was also in a dilemma, according to the normal procedure, the British-funded consortium would not be satisfied, and he was also a British official, so he could not ignore the interests of the British-funded consortium.

And if they all agree with Shen Bi and their opinions, the Li group will definitely not agree, and in the face of the surging public opinion outside, if the government cannot give a reasonable explanation, it will be a huge trouble.

MacLehose said, "Mr. Li, don't mention the issue of the right to issue Hong Kong dollars, because now that Hong Kong is financially stable, our government has no intention of changing this situation. ”

Then MacLehose said to Shen Bi and them, "Your harsh conditions are not realistic, I hope you will also show sincerity, as the helmsman of the two hegemon-level banks in Xiangjiang, are you still worried about the challenges of others?" ”

Shen Bi was very happy with MacLehose's remarks, and Li Guangyu was still thinking about robbing himself and others of the right to issue Hong Kong dollars, which was really a dream.

But what did he mean by what he said to himself and Powell Wilson later, that he thought that he and others were afraid of the Li Group, so he prevented Li Guangyu from establishing a bank?

Shen Bi said, "Mr. MacLehose, we HSBC and Standard Chartered have been standing in Hong Kong for hundreds of years, and we have never been afraid of competition with peers in the same industry, and the reason why we oppose the Li Group's entry into the banking industry this time is also for the sake of the overall situation of Hong Kong, and we are based on Hong Kong, so we have the obligation to maintain the stability of Hong Kong's finance." ”

Li Guangyu immediately said: "Mr. Shen Bi, is it possible that the entry of our Li Group into the banking industry will affect the stability of the financial circles in Hong Kong? I know very well what calculations you are making, don't talk about the overall situation of the Xiang River, and the entry of our Li Group will only play a positive role in the financial circles of Hong Kong." I suggest that all banks registered in Hong Kong should vote to determine the banks with the right to issue notes, and in particular, banks that are not registered in Hong Kong should be excluded, which is more conducive to the stability of Hong Kong. ”

Powell Wilson exploded as soon as he heard it, and Li Guangyu directly wanted to kick them out of Standard Chartered Bank, which was a dream.

Powell Wilson said, "Mr. Li, we at Standard Chartered Bank have been serving Hong Kong for more than 100 years and have made great contributions to the economic development and stability of Hong Kong. ”

Li Guangyu said: "You don't even worry that your place of registration is not in Xiangjiang, it will affect the financial stability of Xiangjiang, and our Li Group Bank has not yet been established, so you judge that our bank will affect the stability of Xiangjiang, how ridiculous is this reason, do you think the citizens of Xiangjiang are stupid?"

MacLehose looked at these people who asked them to discuss like this, let alone today, even if they couldn't discuss a result this year, in the final analysis, it was still in the interests. The establishment of the Lee Group Bank, especially if it has obtained so many business licenses from HSBC and Standard Chartered, many Chinese-funded consortia will no longer go to HSBC and Standard Chartered Bank, and the business will be handled by the Lee Group's bank.

In particular, HSBC, due to some policies implemented by Shen Bi, HSBC has a very close relationship with the Chinese, and the funds of Chinese family companies, especially those involving areas outside Xiangjiang, are all from HSBC, and Shen Bi is the most active in preventing Li Guangyu from establishing a bank this time.

MacLehose said: "The application of Li Sheng Group Bank will be approved by the Financial Authority in accordance with the procedures. ”

Before MacLehose finished speaking, Shen Bi said, "Mr. MacLehose, I firmly oppose it, and I ask you to think about the stability of Hong Kong, I think it is not only me who opposes it, but also the chairman of Jardine Matheson, John Schwaier, chairman of Swire Group, and John Madden, chairman of Wheelock Group, will not agree to the Lee Group establishing its own bank, and I hope that the government will listen to everyone's opinions." ”

In order to prevent Li Guangyu from easily obtaining a banking license, Shen Bi moved out the helmsmen of several British-funded consortia with the greatest influence in Xiangjiang to put pressure on MacLehose.

Li Guangyu naturally would not let Shen Bi succeed, Li Guangyu said, "Mr. Shen Bi, you can only represent the British-funded consortium, and they cannot represent the more than 5 million citizens of Xiangjiang, and the Xiangjiang government serves more than 5 million citizens, not a few of your British-funded consortiums. The establishment of a bank by our Lee Group complies with the regulations of the Hong Kong Monetary Authority, and it is not something that a few of you British-funded consortiums can veto. ”

MacLehose said, "Calm down, listen to what I've said." After the Lee Group got its banking license, it immediately stopped the current reporting and wanted to suppress the public opinion this time, and I don't want the reporting to continue. ”

Li Guangyu immediately replied with a smile, "Mr. MacLehose, don't worry, our media group is a factual report and will not smear the government." After we get the license, there will naturally be no such report, which shows that our Financial Authority attaches great importance to the opinions of the people of Hong Kong and is willing to listen to the voices of the outside world. ”

In the face of Li Guangyu's shameless remarks, they were speechless, and was this the opinion of the people of Hong Kong? If it weren't for the Li clique adding fuel to the fire, the people of Hong Kong would have come to care about such a thing, especially since some reports directly pointed out that the Monetary Authority treats the Chinese differently.

McBurney DeSean felt really wronged, if his department treated the Chinese differently, where did so many Chinese-funded banks come from in Xiangjiang, Li Guangyu pulled the banner of tiger Pila this time, kidnapped millions of Chinese in Xiangjiang to put pressure on them.

MacLehose said, "Mr. Li, the reason for this time is that everyone has some defects, so I won't say anything more." I don't want your group's media to become the vanguard of attacking our government departments in the future, and you yourself know your influence now, and I don't want you to influence the views of the people of Hong Kong on our government departments. ”

If it weren't for the British-funded consortium and the Monetary Authority to embarrass the Lee Group first this time, and Lee Guangyu did this, MacLehose would have already troubled him.

Li Guangyu said, "Mr. MacLehose, you can rest assured, our media has always adhered to the principle of not reading too much into the government, and is more inclined to entertainment and economic reports, as long as the Xiangjiang government acts in accordance with the documents promulgated by the government and does not discriminate against our Li Group, our media will not speak out about it." ”

MacLehose was a little angry with Shen Bi and others when he heard Li Guangyu's words, if these people hadn't caused this incident, the Xiangjiang government and the Monetary Administration would not have been so passive in the past few days.

MacLehose said to Li Guangyu, "After your Li Group establishes a bank, I don't want you to make some small moves, thinking about getting the right to issue notes in Hong Kong dollars, and now the government needs the stability of Hong Kong, there is no such plan, you don't want to go to the Chinese bank in Hong Kong to hold a referendum." ”

Shen Bi and Powell Wilson were also worried when they heard this, there were many more Chinese-funded banks in Xiangjiang than their British-funded banks, and if they really came to the referendum, they really couldn't stop the Li Group from coming in and sharing the pie.

Li Guangyu's proposal at that time was just a bargaining chip, and it was not easy to obtain the right to issue Hong Kong dollar banknotes, and it took many years for the Bank of China on the mainland to obtain this power, and Li Guangyu still needed to plan this matter slowly.

Lee Guangyu said, "Mr. MacLehose, as long as our bank has a sound business, I guarantee that the bank we have established will not get involved in the right to issue notes in Hong Kong dollars without the consent of the Hong Kong Monetary Authority." ”

After listening to Li Guangyu's promise, Powell Wilson was relieved, and he opposed Li Guangyu's entry into the bank, because he did not want to see the Li Group's strong financial resources to get their hands on the right to issue notes in Hong Kong dollars.

As for the rest, he said that it doesn't matter, anyway, the cooperation of Chinese-funded groups is basically in HSBC. After the establishment of the Li Group, the strength of HSBC was weakened, and Standard Chartered may be able to sit on the throne of the largest bank in Hong Kong.

Shen Bi was still unwilling and wanted to impose large-scale restrictions on the Li Group in business, but Powell Wilson did not speak out to support it this time, and MacLehose wanted to suppress public opinion as soon as possible, and did not agree with Shen Bi's opinion.

MacLehose instructed McBurney DeSean to follow the regulations of the Monetary Authority, and the business licenses that the Lee Group can obtain depends on the strength of the Lee Group.

Li Guangyu is very happy, this time let the media carry out a wide range of publicity may make MacLehose and others not very happy, with the intention of coercing them, but he got what he wanted, no matter so much. If you don't, you don't know when you'll be able to set up a full-fledged bank.

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