Chapter 488: Anxious Waiting

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Foreign exchange in the mainland, before the 90s, has always been a very troublesome matter. Pen? Interesting? Pavilion wWw. biquge。 infoBecause of the mainland's foreign exchange control at this time, it is not such a common exchange outside at all. Especially in the mainland, foreign exchange is definitely in and out. If this is the case, there is nothing, even if it is RMB, you can also buy things, but the key lies in the mainland's foreign exchange rate, which is very puzzling.

At this time in the mainland, the Hong Kong dollar is about one renminbi for four Hong Kong dollars. And the exchange of dollars for yuan, that is, about one dollar for two yuan, not even yet. It seems that such an exchange rate is almost equivalent to one dollar to eight Hong Kong dollars in the mainland, and the exchange rate is similar to that in Hong Kong.

However, there is a prerequisite for such an exchange rate, that is, all of them must be converted into renminbi in order to be calculated in this way, and in short, any foreign exchange to the mainland can only be converted into renminbi, and there will be no other way to go. However, the status of the Hong Kong dollar in the mainland is very different from that of the US dollar, and the treatment you get when you invest in a factory with 8 million Hong Kong dollars and 1 million US dollars in a factory are completely different things. Although in real terms, the value of the Hong Kong dollar and the US dollar is basically the same, the Hong Kong dollar is not as useful as the US dollar.

To put it simply, the confidence of the Hong Kong dollar is not as hard as the US dollar, and the mainland would rather ask for one million US dollars than 8 million Hong Kong dollars, and even the treatment of 800,000 US dollars in the mainland may not be as high as the treatment of 8 million Hong Kong dollars in the mainland. Under such circumstances, Li Mingbao wants to invest in the mainland, unless the price difference is too big, and it is more cost-effective to invest in Hong Kong dollars than in US dollars, otherwise he will still exchange the money for US dollars, because the treatment of US dollars is different, especially in cooperation with enterprises like CCTV, the money he prepares is best in US dollars, not Hong Kong dollars.

So Li Mingbao didn't mean to toss Standard Chartered Bank, but to see whether the mainland likes Hong Kong dollars or US dollars at that time, if they like US dollars, then Li Mingbao will definitely not be able to agree to the conditions of Standard Chartered Bank, otherwise, such a large amount of Hong Kong dollars, exchanged in Standard Chartered Bank, they will not exchange, even if it is exchanged, it will take a long time, for Li Mingbao's investment, there is not much benefit, in the case of Hong Kong business does not cost much money, Li Mingbao these Hong Kong dollars to take, There is no use at all, and useless money is better than waste paper.

Standard Chartered Bank is not very unfamiliar with the mainland's financial policies, and even understands the mainland's financial policies better than ordinary Western banks. One is because Standard Chartered Bank's current nest is in Hong Kong, and it is naturally more concerned about the mainland finance across the river than ordinary banks, coupled with the cooperative relationship between Standard Chartered Bank and the mainland over the years, so it is not difficult to understand these insider stories. So when Teris heard Li Mingbao say that the money was going to be invested in the mainland, Teris understood that this matter was troublesome.

Li Mingbao's career in Hong Kong, Teris also understands that there will not be much development, unless Li Mingbao can dominate within the United Cinema Line, otherwise Li Mingbao has so much Hong Kong dollars, and it is really not of much use, if Li Mingbao invests in making movies, not to mention that in Hong Kong, making movies is not as expensive as the United States. It's at least a few million dollars at a time, and tens of millions of dollars at a time is not an incredible thing. Filming in Hong Kong, up to now, no film company has surpassed the previous investment of Li Mingbao in terms of investment in local films, you know, this movie has been filmed for more than a year now, and now there is no other company to eat crabs, and the most is the expenditure of 4 million Hong Kong dollars.

In this case, Li Mingbao's income of at least one billion, how many movies do you have to make to be able to consume, and even if it is consumed, it will be a waste of time, who knows how many years it will be, and at that time, at the speed of currency depreciation, Li Mingbao's money will always be put there, and the degree of shrinkage is not small, as long as Li Mingbao is not stupid, he will not do such a thing.

"Investing in the mainland, this thing is more troublesome, with my understanding of the mainland, they like hard currency like the US dollar and the British pound the most, and money like the Hong Kong dollar, they are not too enthusiastic, so that the money must be exchanged for US dollars? This pressure on our Standard Chartered is not small. Teres spoke.

"Then I have no choice, after all, it is also money, and the treatment of using Hong Kong dollars is lower than using US dollars, and invisibly, my capital will lose a lot of money. This has little to do with me personally. Of course, I think we can also use another way, although we also ask for dollars, but the time left for your Standard Chartered Bank is always a little longer, so that your turnover is much easier. Li Mingbao pretended to be innocent and said.

"What's the solution?" For Li Mingbao's initiative to propose, Teris is also interested in listening.

"My investment in the mainland is not all the money that will be withdrawn at once, you can come slowly, and even if you cooperate with that side and sign the agreement, it will take a long time, maybe a year or two later, to get this thing done, before that, even if I invest in the early stage, it is not too much, at most it is tens of millions of dollars of investment, such funds, Standard Chartered Bank will be ready within half a year, and it will be about the same. Naturally, the financial pressure on you is much smaller. Combined with the total amount of investment there, it may not be able to exceed 100 million US dollars. So there will be some leftovers at that time, and the remaining money, I will directly exchange it for Hong Kong dollars, which is not impossible. Although Hong Kong doesn't need much money, it needs to support the scene more or less. Therefore, I will definitely not be able to spend all this money on the mainland. Li Mingbao said his thoughts.

Hearing Li Mingbao's words, Terre's eyes narrowed: "Mr. Li, you are very confident, you actually think that your investment this time will make a profit of more than 100 million US dollars, do you know any news Mr. Li?" ”

Terres said this, Li Mingbao was stunned, he didn't expect that the little flaw he hadn't noticed when he spoke just now was caught by Terres at once. You must know that the current exchange rate of the Hong Kong dollar is still a top secret news, Teris knows, it does not mean that Li Mingbao can also know, although Li Mingbao actually knows, but on this issue, he can't pretend to know. The news he just said and revealed was not small for Terres.

But at this time, Li Mingbao definitely couldn't admit that he knew these things, so he said haha: "How can I know these things, what I just meant was that the investment in the mainland will not exceed 100 million US dollars, and for the profit side, I estimate that it will not be less than 50 million US dollars, plus some Hong Kong dollars, and my principal combined, 100 million US dollars can come out no matter what." ”

"I see, I thought Mr. Li knew some inside information? If that's the case, I'll be impressed by your strength, Mr. Li. Since you don't know, forget it. At this time, Teris said with some meaning.

After all, Li Mingbao's explanation afterwards was too flawed, and his speech was a bit upside down and irregular, so an old fox like Teres could easily see some flaws. But it can be seen that Teres has no intention of doing anything either. After all, now that the business has been negotiated, he doesn't want to make any extraneous trouble, even if Li Mingbao knows some news, he has nothing to do with him, anyway, such news is not from him. And Li Mingbao has other channels, it's not something unbelievable, after all, the timing of Li Mingbao's choice this time is too good, and he is still a layman, he can get this business done, even if there are some insiders, it is a normal thing, as long as it does not affect their profits, Teris will not care about such a thing. At most, Li Mingbao's strength, especially in Hong Kong, is just a point of importance.

Seeing that Teris didn't dig deeper, Li Mingbao didn't explain much, so the negotiation was finally settled. After that, he signed an entrustment agreement with Tereus, and then Li Mingbao injected the funds that had been prepared long ago into Standard Chartered Bank. Although a lot of fees were given to other banks in the process, the handling fees were still insignificant for such a huge amount of funds, plus the profits that were about to be obtained, Li Mingbao really couldn't look down on that handling fee or something.

After negotiating with Standard Chartered Bank, Li Mingbao began to wait for a long time in the next period of time. At the same time, he also began to work on the side of the United Cinema Line, although he was known to be irresponsible in the United Cinema Line and the circulation port, but when he had time, he still didn't mind doing something practical.

And just after Li Mingbao began to be busy with the affairs of the United Cinema Line, Li Zhaoji on the other side was not so happy. Ever since he talked to Li Mingbao about things that time, he has been anxiously waiting for Li Mingbao's reply.

In his thoughts, Li Mingbao must have known some inside information about the exchange rate of the Hong Kong government, otherwise he would not have suddenly stepped into such an industry as a layman. He is not only very jealous of the foreign exchange in Li Mingbao's hand, but also very jealous of Li Mingbao's news, in recent times, Li Zhaoji has been working hard to collect Hong Kong dollars, and prepare for the exchange of Hong Kong dollars, if there is Li Mingbao's cooperation, Li Zhaoji thinks that he will definitely be like a tiger with wings, in this matter, make a big profit.

But he didn't expect that Li Mingbao had never met him since that time except for that contact with him, even if he took the initiative to call over, Li Mingbao was prevaricating in many ways, in short, he didn't want to meet him.

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