Chapter 483: If You Don't Give It to Me, Take It Yourself
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Li Zhaoji can not care about the threat of Li Mingbao's money as a financial bomb, that is because under such a bomb, it is not his Li Zhaoji's money that is lost, because the currency issuance power of the Hong Kong dollar is not in Li Zhaoji's hands, so Li Zhaoji can ignore the threat of this money, but is greedy. Pen, fun, pavilion www. biquge。 info
But as a shareholder of Standard Chartered, the right to issue Hong Kong dollars is in the hands of their Standard Chartered, and Li Mingbao's money can be both helpful and destroyable. It depends on their attitude towards Standard Chartered, such a huge amount of money is out of control, which is definitely a considerable threat to Standard Chartered Bank and the British government in Hong Kong. Under such circumstances, if Teres were not pragmatic, Standard Chartered would not have become one of the issuing banks of the Hong Kong dollar as it is now. After all, at the beginning, Standard Chartered Bank had no government background in the UK. It can only be said that it is a private bank, and now it can be integrated into the government's functions, which shows that Standard Chartered's style of doing things is very pragmatic, otherwise it would not have been hung up for so many years, and it is still very moisturizing. How many companies are as famous as Standard Chartered more than a hundred years ago?
Li Mingbao's money is both a threat and a help, and the power to choose now is in the hands of Terese, so he told Li Mingbao that this matter is too big, and he needs to calm down, this is not a pretext, but a fact.
Li Mingbao also understood Terex's concerns, so he didn't say anything, but smoked his cigar quietly on the side. Anyway, it's still early, and he has time to wait. Since there is no way out for Li Zhaoji's side, it is the same for Standard Chartered Bank now, anyway, Li Mingbao will not lose money in this business. It can only be said that it is a matter of earning more and earning less, so his patience is enough.
After thinking for a while, Terese continued to speak: "To be honest, Mr. Li, your strength surprises me very much, although this matter is a good thing for our Standard Chartered Bank, there is more margin, and when we control the exchange rate, the more confidence we have, but like Mr. Li, you are also directly digging into the corner of our Standard Chartered Bank, although it is not as hard as others to dig up, but in terms of actual income, in terms of the amount of funds in your hands, Mr. Li, it is only here with you, We will lose a lot of money at Standard Chartered Bank, so this choice is very difficult for me to make. ”
No matter how high-sounding the words between Li Mingbao and Teres are, in fact, there is only one meaning, that is, Li Mingbao's money, come in to give a high price, and then go out to flatten.
The literal meaning is very simple, everyone understands it, but the actual meaning is quite black-hearted. Li Mingbao entered the market for at least ten to one, that is, ten Hong Kong dollars, and he only took one dollar to exchange. Isn't that dark? For the current Hong Kong dollar exchange rate, it is really not black, after all, the official rate, especially the credit rate like the Hong Kong dollar, is generally not accurate, or overvalued, and the official price of the Hong Kong dollar is now 9.6 Hong Kong dollars for one dollar. But in fact, such a price, a small amount of official recognition, but still limited purchase, if a large amount, the official will not pay attention to you at all.
To put it simply, it means that the foreign exchange reserves of the Hong Kong dollar are insufficient, and the exchange rate that cannot be exchanged unlimitedly, is actually quite limited. Therefore, on the black market, to exchange a large amount of Hong Kong dollars, generally speaking, at least according to the scale of fifteen to one, which is a large amount of money, that is, fifteen Hong Kong dollars, can be exchanged for one dollar. With such a ratio, not everyone can change it, if you meet a black heart, give you twenty to one, you can only watch, love is not changed, no one will serve you.
Of course, there are still people who are changing it like this, so they can exchange some foreign exchange that can really maintain its value. Because of the official price, it has not completely fallen. So the Hong Kong dollar is still a valuable thing, not waste paper.
And this kind of exchange is a bit of a loss for Li Mingbao now, because there are more high prices on the black market, and it is impossible for Standard Chartered Bank to give such a high price, because in their hands, Hong Kong dollars are valuable. As a bottom line, if Li Mingbao wants to convert US dollars into Hong Kong dollars in a ratio of 10 to 1, then the money in Li Mingbao's hands can be exchanged for 3 billion Hong Kong dollars for 300 million Hong Kong dollars, and 400 million US dollars can be exchanged for 4 billion Hong Kong dollars.
After changing the Hong Kong dollar, I waited for the exchange rate of the Hong Kong dollar to be completely stabilized. The stable exchange rate of the Hong Kong dollar will definitely be very high, and it is impossible to be as low as it is now, that is to say, the real value of the Hong Kong dollar, under the operation of Standard Chartered Bank and the Hong Kong government, the exchange rate will become higher. Historically, the exchange rate of the Hong Kong dollar has been stable at 7.8 Hong Kong dollars to one US dollar.
In this way, the problem arises, now the price of Li Mingbao for Hong Kong dollars is ten to one, and the price for exchange is 7.8. To put it simply, the difference is a lot of money. Basically, it is equivalent to Li Mingbao's net profit of two dollars and two cents for every dollar.
And Li Mingbao's hands, looking at it now, will be exchanged for at least 400 million US dollars, that is to say, Li Mingbao's profit on this will reach 880 million Hong Kong dollars. This is the extra price difference of Li Mingbao, and if this price difference is converted into US dollars, then it is equivalent to just two months, and the remuneration that Standard Chartered Bank will pay to Li Mingbao will be at least close to 113 million US dollars. And this is only the bottom line price, in fact, such a price is not so suitable now. After all, more than a month ago, the price given by Standard Chartered Bank to Li Mingbao reached a ratio of ten to one, and now the more it ends, the higher the price paid by Standard Chartered Bank, otherwise Li Mingbao would not abandon Li Zhaoji and choose Standard Chartered Bank.
In two months, at least 113 million US dollars in profits, Li Mingbao does not do such a business, then he is really sorry for the money in his hands. With so much money, it is no wonder that Li Mingbao spent more than a year on the layout, in order to wait for this moment.
To be honest, Li Mingbao got the money out of Standard Chartered Bank, although the plan has changed now, it does not mean that Li Mingbao's means are completely wasted. Because if Li Mingbao still has the money in Standard Chartered Bank, then Standard Chartered Bank may not agree to Li Mingbao's conditions, after all, this money is in Standard Chartered Bank, they can drag on with Li Mingbao for some time, and wait until the Hong Kong dollar exchange rate stabilizes, and then talk to Li Mingbao about these things, in that case, Li Mingbao will really not be able to get a dime, and now there will definitely be no such situation, because Li Mingbao's money is not under the control of Standard Chartered Bank. Therefore, they must negotiate terms with Li Mingbao before they can get Li Mingbao's money.
That is, because he knew that he would give Li Mingbao so much money, so now Teris is very entangled, whether to give Li Mingbao this money, 880 million Hong Kong dollars, for Standard Chartered Bank, there is no big problem, after all, the money is printed by them, although it cannot be said that the printing can be released, but this money, the pressure on their bank is not too big, and the big deal is to slowly get the money back from other places in the future, anyway, there is the right to mint money, such a sum of money, it will not take a year, you can smooth out the accounts, And while smoothing out this account, they can also get more returns on the side of the British government in Hong Kong, so the loss is not big.
But if Li Mingbao insists on exchanging this money into dollars, it will be a real loss for Standard Chartered Bank. Because Standard Chartered Bank has the power to print Hong Kong dollars, but it does not have the power to print dollars, not to mention more than 100 million dollars, even if one dollar comes out of their banknote printing factory, it means war, robbing the Yankees for the minting rights, and it is still so blatantly robbed, not to mention a standard chartered bank, even the British government, it does not have the guts, so this money to be exchanged for dollars, for Standard Chartered Bank, it is really not a small amount, it is real money, not Hong Kong dollars like Hong Kong dollars.
And refusing Li Mingbao's request to not allow Li Mingbao to convert the money into Hong Kong dollars and then into US dollars, not to mention that Teris has not considered it, even if Teres and other Standard Chartered Bank shareholders say it, they will not consider it. Because putting such a huge amount of money as Li Mingbao outside is even more terrifying than putting it in your own hands. Hong Kong is a place where finance is okay, and the Hong Kong dollar is also a foreign exchange brand. Even if the Hong Kong dollar is shameless, it is still necessary to give cash to stabilize the Hong Kong dollar, Li Mingbao does not put this money in the Standard Chartered Bank, if they wait for them to stabilize the exchange rate, Li Mingbao will start with the exchange rate again, and the cash flow impact of four or five billion US dollars, the price they have to pay is not just more than 100 million US dollars, but more costs, and it is easier to destroy than to build.
Rather than letting Li Mingbao make a fortune on the Hong Kong dollar exchange rate and make Standard Chartered Bank lose more, it is better to use this money as his own reserves, although the price is really larger. But if they don't get the money in their hands, the price they have to pay will be even greater. So what Teres has to consider now is not the question of refusal, but the actual price, how much to give Li Mingbao, Li Mingbao will be satisfied, and the details of exchanging dollars for Hong Kong dollars, Hong Kong dollars for dollars, and then for dollars, there are countless directions to consider. Now the main thing is to minimize the destruction of this money, and then use this money to increase the resistance of the Hong Kong dollar.
When Teris was talking to Li Mingbao, his mind turned countless times and he thought of countless solutions. But those methods are not practical yet, and he still needs to wait for Li Mingbao's answer.
And Li Mingbao naturally didn't know about Terres's entanglement, he now needs to put more pressure on Terres, and only in this way can he get more benefits.
"Mr. Terres, I know that it is very difficult for you Standard Chartered Bank to do this, but I am also very difficult, you know, such a large amount of money, how can it not be touched there, and my loss is also very large, now since it is contributing to Hong Kong, Standard Chartered Bank has to pay a little hard money, right? If you don't give it, then I'll have to take it myself, and that won't be fun for either of us. Li Mingbao's words are quite threatening.
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