Chapter 776: Crazy Thoughts

When these institutions were busy contacting Tianyu Bank, Shen Bi and George Laven also received the news here, as the helmsman of the two major banks of the Hong Kong dollar note-issuing bank, they naturally knew the policy that the government was about to promulgate, after all, this aspect was also related to the interests of their two major banks, and the government communicated with them.

It's just that their two major banks can only watch the operation of Tianyu Bank at present, and their two major banks are also powerless about it, and the foreign exchange of their two major banks has been exchanged a lot in these days, and they still need reserves to deal with the crisis, but they dare not exchange all the foreign capital.

Moreover, the Xiangjiang Monetary Authority will never let their two major banks know about the operation of the market, Tianyu Bank does not know, they do not violate the regulations, and the two of them will not be able to, these days they can only continue the previous practice, the Monetary Authority is supervising their two major banks.

This is also to ensure the stability and relative fairness of the financial market in Hong Kong, otherwise other financial institutions in Hong Kong will be wiped out by HSBC and Standard Chartered.

Since the two banks have the right to issue notes in Hong Kong dollars, the Hong Kong Monetary Authority needs to consult them on many policies before formulating policies, and in such a case, the Monetary Authority will not allow them to operate like Tianyu Bank.

Shen Bi has a deep sense of powerlessness for the Li consortium, HSBC and their competition in the future is only afraid of more than auspicious, the development of the Li consortium is too demonic, as if they can predict the prophet, every time there is a crisis, the Li consortium will be a new leap.

For example, this time, the Li consortium exchanged the US dollar for Hong Kong dollars in the early stage, and as the exchange rate fell, it seemed that Tianyu Bank had lost a lot.

But Shen Bi knows very well that these US dollars are all the funds saved by the citizens of Xiangjiang to exchange, which in essence, is still the funds of the citizens, and Tianyu Bank is just exchanging Hong Kong dollars into US dollars.

After the exchange rate of Hong Kong dollars fell, the people of Hong Kong wanted to exchange more Hong Kong dollars for US dollars in their banks, and the citizens also praised the benevolence of the Lee Foundation, and felt that Tianyu Bank was losing money to help them reduce their losses.

Shen Bi also knew that a few months ago, all the major groups under the Li consortium had converted the idle funds in their accounts into US dollars, and their major groups did not lose anything in this wave, which also strengthened their bank's ability to deal with the crisis.

Moreover, due to the strength shown by Tianyu Bank and Heung Kong Bank, as well as the Bank of East Asia, Heung Kong Asia Commercial Bank, and Sun Hung Kai Bank, they have been welcomed by more citizens, and Heung Kong citizens are more willing to do business in these banks.

HSBC and Standard Chartered Bank With the strong rise of Tianyu Bank and the continuous defeat of British-funded conglomerates, their share in the Xiangjiang financial market has been decreasing.

While Shen Bi was still thinking, the director of the banking department came to his office to make a detailed report on today's press conference of Tianyu Bank.

"The Tianyu Bank press conference has just ended, according to the information I have gotten, there are already many institutions in contact with Tianyu Bank, it is estimated that the business volume is very large, I don't know what we should do?"

Shen Bi said: "The current policy of our bank remains unchanged, and there is no limit on the amount of foreign exchange exchanged by our customers. ”

After the director left, Shen Bi contacted George LaVine by phone and asked him to meet him at the Mandarin Oriental Hotel.

At 11 o'clock in the morning, in the hotel's teahouse box, Shen Bi and George LaVine sat opposite each other.

Shen Bi said: "Lavin, the Li consortium and the Xiangjiang consortium are becoming more and more dangerous to our two major banks, especially their flagship Tianyu Bank and Xiangjiang Bank. ”

For the current situation, George LaVine has no choice, they have not fought back before, but in the end it is themselves who suffer, but these two major consortia are growing.

If it weren't for the fact that Standard Chartered and HSBC still have the right to issue Hong Kong dollars, I am afraid that they would not even have the qualifications to sit on an equal footing with Tianyu Bank, and in terms of strength and market value, Tianyu Bank would far surpass their two major banks.

At present, the senior management of Standard Chartered Bank is demanding to stabilize their situation in Xiangjiang, strive to open up markets in other regions, and reduce the proportion of the Xiangjiang market in the bank.

George Laven said: "Shen Bi, now our two major banks are only afraid of being powerless, several major consortia of Heung Kong British capital have fallen one after another, Hutchison Whampoa has become a subsidiary of the Heung Kong Consortium, Wheelock Group has been eaten by the Li consortium, Swire Group and Jardine Matheson Group have surrendered one after another, and important assets have been swallowed by the Lee consortium and the Heung Kong consortium, so that we have no assistants in the industry at all, and we have nothing to restrict them." ”

Shen Bi said with a smile: "You also know today's Tianyu Bank press conference, I don't know if Li Guangyu and their consortium can predict the prophet and prepare in advance, now it seems that the government is about to introduce an exchange rate policy, and suddenly made such a big bet, I hope that the two of us will join forces to let the government postpone the introduction of the policy, so that the Li consortium will break in foreign exchange, which will be a huge blow to them." ”

George Laven didn't expect Shen Bi to think of such a way, just sacrificing the interests of the entire Xiangjiang to attack the Li consortium, which is really crazy.

He admitted that if the government did agree to their demands, the Lee consortium would likely break off in foreign exchange, and if there was a run, the Lee consortium would face huge losses.

You must know that once there is a problem on the Xiangjiang side, in other places, Tianyu Bank will also suffer a run, and Tianyu Bank will be in big trouble at that time.

It's just that George Laven doesn't think that the Xiangjiang government will adopt their opinions, and now all walks of life hope that the government can stabilize the current financial situation in Xiangjiang as soon as possible, and now wait for Governor Youde to sign and approve, and the fixed exchange rate will be officially implemented.

Moreover, the Li consortium and the Heung Kong consortium also have a lot of influence in the Xiangjiang government, and once this matter is exposed, HSBC and Standard Chartered will be the targets of spurning from all walks of life in Xiangjiang, and the reputation of their two major banks in Xiangjiang will be completely ruined.

George Laven said: "Shen Bi, have you ever thought about the consequences of doing this, once the matter is revealed, the two of us will become sinners in Xiangjiang, and will be spurned by all the citizens of Xiangjiang, and our two major banks will no longer have a foothold in Xiangjiang, and this will not do us any good." ”

Shen Bi Of course, I know the risks involved, but I just gave up this opportunity, Shen Bi was unwilling. He knew very well that after this opportunity was lost, it would be difficult to have another chance to attack the development of Tianyu Bank in the future.

With the continuous growth of the Li consortium and the Xiangjiang consortium, it will be difficult for HSBC led by him to occupy a dominant position in Xiangjiang at that time.

Shen Bi said: "Are you willing to watch Standard Chartered become a second-rate bank in Xiangjiang in the future, this is our only chance, this time we will strive to knock Tianyu Bank into the abyss, so that they can no longer get up, so that they can no longer create any threat to our two major banks." ”

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