Chapter 55: The Decline of the British Empire
Ludao City, Southeastern Province. щ.com
George King's address made Li Cane farmers squint their eyes involuntarily.
Because, Qiu Depa's ancestral home is in Haicang, Ludao.
This is so coincidental that the plum cane farmers can't even think about it.
Due to the intricacies of reasoning and the inability to explain historical issues, most Chinese people do not know much about the history of Southeast Asian countries.
When it comes to overseas Chinese, people often think of Chinese of European and American nationality.
But in fact, overseas Chinese in Southeast Asia have made indelible contributions to the development of China.
Even half of the history of Southeast Asia can be said to be related to the Chinese.
Especially in Malaysia, Singapore to the Philippines, Indonesia.
The influence of the Chinese once overwhelmed the local aborigines, and more than half of the wealth of the entire Southeast Asia was in the hands of the Chinese.
Take Singapore, for example.
Whether it is wealth, population or the ruling party, almost all of them are Chinese.
In Singapore, the two Lee and one Qiu account for almost one-third of Singapore's total wealth.
The Qiu family and the ruling Li family are even more tied to the marriage of politics and business.
However, this kind of in-law relationship is based on the relationship of interests.
In fact, the two families are also afraid of each other in addition to their interests.
The reasons are complex.
The Lee family's political position to rule Singapore is based on political rhetoric.
It is because of this that the Lee family has gained the support of Western countries to seize the dominance of Singapore.
The Qiu family, as a business giant, is naturally profit-oriented.
Before Singapore became independent, the two companies were involved in each other's interests, and after Singapore became jealous, it was normal to establish a political and business alliance.
But one thing is clear, at the center of everything is profit.
However, in the past few years, the mainland of China has changed all kinds of unstable factors in the turbulent years, and the 20 years of peace have allowed people with discerning eyes to see the prospects of the mainland's future market.
Qiu Depai is a businessman, and if the Qiu family has their eyes on the mainland market, they will no longer have to be tied to the Li family's chariot.
Everyone knows that no matter how good Singapore's development is, it can only be a foil if it wants to compare with the mainland.
In this case, if the Qiu family wants to move closer to the mainland, it makes sense to pit the Li family.
Whether it is a political position or interests, the Qiu family can have the motive to trap the Li family.
If the shares of Temasek Mobile Standard Chartered are lost, although it will not hurt the Li family, it will definitely be a big loss.
Not to mention the Li family's strategic plan, the actual value of Standard Chartered alone is a lot of money.
This is driven by profits.
Politically.
The Li ruling party has repeatedly exaggerated its rejection of China in the international media.
Comparing hearts to hearts, if the mainland is dissatisfied with the Li family.
If the Qiu family wants to develop on the mainland, then if the Li family is cheated on Standard Chartered once, it can undoubtedly be regarded as a political vote.
A big country, it needs a face.
If the Qiu family cheats the Li family once, and deliberately reveals to the mainland a hint of wanting to develop in the past, it will inevitably win the mainland's favor.
Look, isn't your Li family against us, don't you look down on us?
Then why are your greatest allies still coming to us?
Under such circumstances, if the Qiu family wants to go to the mainland for development, they will inevitably receive some special care.
Killing two birds with one stone, killing two birds with one stone.
As long as the Li family is pitted once in Standard Chartered, it will be a hundred benefits and no harm to the Qiu family.
The more Li cane farmers think about it, the more likely it is.
Otherwise, everything seems to be too coincidental, and it's just like the story.
Boulder Capital, a small company with no name.
Such an unknown company can actually come up with $200 million to play a VAM agreement.
200 million US dollars, which is nearly 200 million yuan on the black market.
There are a few people or families in Huaguo who can come up with so much money.
And the contract text that is too professional to be professional.
Except for the giants who have been immersed in the financial industry for decades, the average international capital can't think of anything like that.
At least, neither Temasek nor even the Lee family can make a contract that level of impeccable proportions.
Seal any blind spot with invulnerability.
What's even more outrageous is that the actual controller of Jushi Capital is also from Southeast Province and Ludao.
All of this, no matter how you look at it, seems to be problematic.
Li Cane farmer's eyes narrowed tighter and tighter, and he asked in his heart.
Could it be that this time is really the trap of the Qiu family?
This time, the representative sent by the Qiu family was also a direct member of the Qiu family.
Qiu Mingkai.
The leader of the third generation of the Qiu family.
It's a pity that Qiu Mingkai doesn't know how to penetrate the mind, otherwise he will definitely be angry to the point of smoking.
In terms of losses, the Qiu family and the Bao family are the ones who have the biggest losses.
Each holds a 14% stake in Standard Chartered.
But all of a sudden, all of that 14 percent of the shares were going to be scrapped.
In terms of the degree of grievance, the Qiu family is naturally even more aggrieved.
However, in the end, the Qiu family started in the banking industry, and they still started from a business perspective in terms of looking at problems.
After confirming that there was no loophole in the credit default swap, Qiu Mingkai immediately reported the inevitable results to the family.
Concerning all the equity of Standard Chartered, Qiu Mingkai is not qualified to deal with it now.
He needs someone at the real helm to decide what to do.
At this point, no one can do anything, and the Qiu family's final decision is to report to the central bank, hoping to get the central bank's help if possible.
If the central bank is willing to intervene, it may be able to help Standard Chartered survive the crisis.
Standard Chartered Bank is a commercial bank registered in the United Kingdom.
Therefore, the central bank in charge is the Bank of England.
That is, the Bank of England.
The Khoo family was able to establish the Bank of Malaysia when Malay was still a British colony, and the relationship with the Bank of England was naturally relatively close.
Without the approval of the Bank of England, the Khoo family's Malaysian bank would not have been able to establish and grow.
As the largest individual shareholder of Standard Chartered, after the death of the ship king, the Qiu family is naturally the most vocal among all the shareholders of Standard Chartered.
After some consideration, Qiu Mingkai dialed the number in the UK.
But as a result, Qiu Mingkai was very disappointed.
The Governor of the Bank of England almost died of anger when he learned that Standard Chartered was about to go bankrupt due to operational problems.
You know, Standard Chartered means that Queen Victoria personally approved it.
But now, the bank approved by the queen herself is on the verge of bankruptcy.
This is undoubtedly a disgrace to the British royal family.
The Governor of the Bank of England was an aristocratic gentleman with the title of Earl.
But after Qiu Mingkai reported the situation of Standard Chartered, the earl president scolded on the spot regardless of the etiquette of gentlemen and nobles.
Because, one of the oldest banks in the UK, the Bank of Baring, just declared bankruptcy last year.
It's only been a year since another well-known bank in British history is about to fail.
This made the governor of the Bank of England seem to be witnessing the decline of the British Empire.
And he couldn't do anything about it.
He could not stop the decline of the British Empire, and he could not do anything about Standard Chartered's huge losses.
If it could, the Bank of England wouldn't have watched the Bank of Bahrain declare bankruptcy last year.
In the end, Qiu Mingkai could only hang up the phone helplessly.
The Bank of England does not dare to save the current Standard Chartered, let alone other peers.
The Qiu family cannot afford the loss of billions of US dollars, and even if several major shareholders join forces, they may not be able to take over the losses faced by Standard Chartered.
Who knows how much that credit default swap will cost Standard Chartered.
Qiu Mingkai reluctantly brushed his hair, and he scolded.
"Damn, what the hell is this Boulder Capital!"