Chapter 478: The True Colors of Hong Kong Businessmen

readx;

0.2x $300 million, that is, $60 million in price difference, and if the exchange rate is increased by 0.2, Li Mingbao will lose $60 million in gains. Pen @ fun @ pavilion wWw. biqUgE怂 infoIf Li Mingbao receives the exchange rate of 7.9 Hong Kong dollars, then he will not only not make any gains, but will lose 30 million US dollars. Therefore, he absolutely cannot tell Li Zhaoji the specific time, that would be too risky, if the Hong Kong British government completely loses face and directly raises the exchange rate against the US dollar to a position of 10 to 1, Li Mingbao's money, not to mention the profits, will be eaten by the Hong Kong and British governments.

Of course, this adjustment is not as much as the British government in Hong Kong says. After all, for a credit currency, one more point and one less point represent a huge amount of interests. Even if Japan's yen is worth the benefits, but in fact, that kind of depreciation is still controllable, and for the Japanese government, that kind of currency value is the most beneficial to them. That is to say, only after the Plaza Agreement, the exchange rate of the yen is no longer under the control of the Japanese government, and the yen at that time will become particularly unstable, and the change in the value of the currency alone will cause Japan to lose a lot of money every year.

Of course, Hong Kong is not Japan, and with Hong Kong's conditions, it is impossible to reach such heights. Therefore, the value of Hong Kong's currency and the interests involved are not so huge. But even so, one more point and one less point, the interests are quite large, and the British government in Hong Kong will never change the most suitable currency value until it is inevitable.

In this way, some of Li Mingbao's concerns are unnecessary, but in fact, they are quite the opposite, after all, Hong Kong's interests are also part of Britain's interests. Britain can take action to protect Hong Kong, but it does not mean that he will do his best to protect Hong Kong, if the pay is greater than the benefits, then it is not too uncommon for the British government in Hong Kong to be undisciplined.

As for what is the bottom line of the British government in Hong Kong, not to mention now, even after 30 years, these things have a certain level of secrecy, and perhaps in the minds of some people in the industry, these things are equivalent to some open secrets. But outside the industry, such news, that is, it is really confidential, Li Mingbao wants to find some clues, it is impossible, and there will be no such information on the public platform. Even if there were, the information was definitely not accurate.

Therefore, for Li Mingbao, the only thing he knows in this operation is only the time when the British government in Hong Kong has done it in history. It is precisely because of the uncertainty of history, so Li Mingbao is a little cautious in the handling of his own funds, to be honest, a year ago, maybe Li Mingbao could only get the money of 300 million US dollars, or a little more, but now, Li Mingbao can really use, and even if he loses, it will not affect the development of his company, it is definitely not only 300 million US dollars.

But this time, Li Mingbao only used 300 million US dollars, because he was afraid that if more money was used, it would affect the general trend, and finally let himself get the money locked in the exchange rate and could not pull it out. Li Mingbao's own money is not enough to eat meat, let alone unite with Li Zhaoji, so the specific time, Li Mingbao can never say, even now, Li Zhaoji threatens with the exchange rate, Li Mingbao can't say.

Li Zhaoji's abacus, Li Mingbao understands it very well, but Li Mingbao also has a strategy to deal with it: "Since Li Sheng has spoken so openly, then I won't say nothing, I do need money, but it's not too urgent, a month and a half, give me all it for, then it will be considered as a completion of the task, I don't know Li Sheng's exchange rate for a month and a half, how much price do you give me?" ā€

Hearing Li Mingbao say that it was a month and a half, Li Zhaoji was immediately a spirit, could it be that the Hong Kong government did it after a month and a half? Where did Li Mingbao get such accurate news? With Li Mingbao's background in Hong Kong, I'm afraid he can't do such a thing, right? Is there any fraud in this? But since Li Mingbao has spoken like this, Li Zhaoji doesn't think that Li Mingbao is lying, after all, the time when the money arrives, not only Li Mingbao has the final say, but he Li Zhaoji can also have the final say.

Seeing some slight changes in Li Zhaoji's face, Li Mingbao said again: "300 million US dollars for Hong Kong dollars, a month and a half, shouldn't be very tight, so at this exchange rate, there should be a good price, right?" ā€

"Xiao Li is right, a month and a half, the time is still abundant, this money is relatively easy to get together, this exchange rate, naturally higher, but it will not be higher than the highest price on the black market now, after all, your money, the amount is relatively large, there is indeed some high foreign exchange on the black market, but after all, that amount, and your money, there is no comparison at all, bulk transactions, prices and the black market, are two concepts, if it is 300 million US dollars, then I think one to ten should be appropriate. Xiao Li, what do you think? Li Zhaoji said with a smile.

"One to ten? Such a ratio, even if it is higher than the official, is not much higher. Li Sheng, I sincerely want to cooperate, it's not appropriate for you to offer me such a price, right? When Li Mingbao heard this price, he was a little dissatisfied.

One to ten, if it was changed a few months ago, such an exchange rate would be fair. But now, the official exchange rate of the Hong Kong dollar has reached about 9.6, and if it is at this exchange rate, Li Mingbao will only have an extra profit of 0.4 percent when he is here with Li Zhaoji, which is completely slaughtering himself as a fat sheep.

If there is really only such a little fluctuation, why should Li Mingbao find Li Zhaoji, directly exchange Hong Kong dollars on the official, wouldn't it be better, compared to the gray area on Li Zhaoji's side, the official is safer, and if you go to the official exchange, the British government in Hong Kong will never refuse, although Li Mingbao is actually making money in Hong Kong dollars, but on the surface, Li Mingbao's move is to save the Hong Kong dollar, the official doesn't say that he hates Li Mingbao, and he has to give Li Mingbao an award, Even those financial institutions of the British government in Hong Kong who know that Li Mingbao is making money will acquiesce in Li Mingbao's actions, and even thank Li Mingbao.

After all, Li Mingbao's money is made above board, and what the British government in Hong Kong lacks now is not the Hong Kong dollar, but the foreign exchange that stabilizes the Hong Kong dollar. What Li Mingbao has in his hand is foreign exchange, and compared with the transfer of funds from the United Kingdom, Li Mingbao's money is unplanned money, and he gains more than he loses in order to stabilize the Hong Kong dollar exchange rate. So they would rather Li Mingbao make money than lose this money.

At this point, before Li Mingbao transferred the US dollars to the United States, someone from Standard Chartered Bank called Li Mingbao to hint at it, suggesting that if Li Mingbao left the money in Hong Kong and converted it into US dollars, they would give Li Mingbao a satisfactory exchange rate condition, and the one-to-10 exchange rate was the bottom line they gave Li Mingbao.

However, at that time, Li Mingbao refused the request of the British government in Hong Kong on the grounds that the money had a new use, so there was no need for this negotiation to go on at all. Li Mingbao didn't even agree to the official one-to-ten exchange rate request, and he would only agree to Li Zhaoji's request after his brain was pumped. After all, the transaction with Li Zhaoji's side is completely carried out in secret, except for the financial benefits, there are no other benefits at all, and there are some accusations that may arise, if Li Zhaoji only offers such conditions, it is strange that Li Mingbao can be satisfied, instead of trading with Li Zhaoji, Li Mingbao should trade with the Hong Kong British government, so that not only can he make money openly, but also sell the Hong Kong British government a good, and when the Hong Kong British government wants to move Li Mingbao in the future, I have to think of Li Mingbao's contribution to stabilizing the value of the Hong Kong dollar this time. At that time, Li Mingbao will have a solid foundation in both Hong Kong's business and political circles.

Hearing Li Mingbao's rebuttal, Li Zhaoji continued to say with a look of sitting firmly on the Diaoyutai platform: "Li Sheng, one to ten is already a lot. Don't look at the black market, there is even a ratio of 1 to 20, but that ratio is only a minority. Most of the proportions, especially the volume, are actually not much different from the official exchange rate. So I'll give you a 1:10 ratio, which is really not very low. If there is more, we people will not have to eat. ā€

It's not that Li Zhaoji can't give a higher price, to be honest, if he can get 300 million US dollars in foreign exchange now, even if he gives Li Mingbao a price of 1:14, he will make money. After all, the Hong Kong dollar has not much advantage in large transactions, in other words, that is, those who are ready to flee the capital, now do not consider using the Hong Kong dollar to trade, but directly use foreign exchange, US dollars, pounds, and even rubles, but the Hong Kong dollar is absolutely not. So even if he has 3 billion Hong Kong dollars in his hands, it is not as effective as 300 million US dollars.

But businessmen are always idle, their profits are not high enough, where can they think more about their families? Especially the transaction with Li Mingbao, in Li Zhaoji's view, this is completely a unique transaction, and now in Hong Kong except for him Li Zhaoji, other people in the financial sector can't eat Li Mingbao's huge amount of money, in this case, even if Li Mingbao wants to trade, except for him, there is no one else at all. In this case, Li Zhaoji naturally wants to maximize his own interests, and if it weren't for the fact that the official exchange rate of the Hong Kong dollar has now reached about 9.6, Li Zhaoji would even just give Li Mingbao a ratio of 1:9.

Hearing Li Zhaoji's words, Li Mingbao immediately understood Li Zhaoji's thoughts, and then couldn't help sighing, originally he thought that Hong Kong businessmen should also pay attention to their appearance, and he can be regarded as one of the Hong Kong businessmen.

In this way, his reputation among Hong Kong businessmen should be quite good. With such confidence, if you put it on Li Zhaoji's side, you have to save some face for yourself, right? Everyone has to make money, but how much should be fair, right?

But reality taught Li Mingbao a vivid lesson. He thought that the things he did before would allow him to have a fair step in front of these big guys, but now looking at Li Zhaoji's appearance, he didn't take him seriously at all.