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Text Chapter 477 Everyone has their own plans

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    "Three hundred million. I have 300 million US dollars in hand. I wonder if you, Li Sheng, can eat it?" Li Mingbao naturally couldn't be careless about this issue, so he told Li Zhaoji a number directly.  After all, even if he talks nonsense now, it will always be revealed in future transactions. Rather than messing around with these trivial matters, it is better to speak out openly.  Hearing what Li Mingbao said, Li Zhaoji asked in surprise: "Three hundred million dollars? Didn't Li Sheng's money go to the United States? Why do you have to get it back and exchange it for Hong Kong dollars? Don't you have any inside information, Li Sheng?"  "Li Zhaoji is a good person. When he heard Li Mingbao's words, he still didn't understand where Li Mingbao got his money.  And to understand where this money came from, we have to consider Li Mingbao's unnecessary move. The money that was originally placed in Standard Chartered Bank had to be transferred to the United States, but now it has been transferred back and designated as  Hong Kong dollar, what does Li Mingbao want to do? Li Zhaoji, a person in the exchange rate business, doesn't understand anything. It is clear that he is optimistic about the Hong Kong dollar market and is ready to make a profit now.  Originally, this kind of thing was something that an insider like him, Li Zhaoji, should do, but now it was done by a layman, and Li Mingbao was so willing to spend the money, with an initial investment of 300 million U.S. dollars. How could a layman be so bold as to do it?  To say there is no inside information is absolute nonsense.  " If Li Zhaoji doesn't figure this out, it will be all in vain. If Li Mingbao really has some inside information, and Li Mingbao eats meat, doesn't he, Li Zhaoji, not drink soup?  It would be a big joke if an expert like him didn't do the business that even a layman could do.  At this time, Li Mingbao naturally cannot say that he has any inside information. Could he tell Li Zhaoji that in history, the British Hong Kong government was stabilizing the exchange rate, and it was not long ago, two months later.  If such news comes out, Li Mingbao will become a monster.  "Where can I get any inside information? It's just because I feel that Hong Kong's exchange rate has been extremely volatile recently. Although this is caused by many reasons, after all, it is not a good thing for Hong Kong itself. As a Hong Konger, since  I have such ability, so I naturally want to contribute to Hong Kong and make the Hong Kong dollar exchange rate a little more stable, which can be regarded as my contribution to Hong Kong." Li Mingbao said with a righteous look.  Hearing what Li Mingbao said, although Li Zhaoji knew that Li Mingbao was talking nonsense, he stopped trying to make lies. After all, what Li Mingbao said meant that he had no intention of telling the inside story.  If it were a small person, maybe Li Zhaoji had some other ideas, but for Li Mingbao, Li Zhaoji believed that he didn't have that ability, so even if Li Mingbao didn't say anything, Li Zhaoji couldn't do anything about Li Mingbao.  Since Li Mingbao couldn't get the words out of his mouth, Li Zhaoji naturally had to inquire from other places: "Since you have this intention, Xiao Li, then I will naturally help you. But 300 million US dollars, such a large sum of money  , it¡¯s really a bit much. I can¡¯t get so many Hong Kong dollars to exchange it for a while. And if you spend so much money, the exchange rate of Hong Kong dollars will naturally not be the same as the current black market exchange rate, so even if it is  If you want to change, Xiao Li, you won¡¯t get a good price. This is not because I want to cheat you, but it is the most basic law of balance. I can¡¯t let others suffer for your sake, Xiao Li, right?¡±  Of course I understand. The total amount of Hong Kong dollars is only that big. Three hundred million U.S. dollars is not a big deal in normal times. But now the Hong Kong dollar issue is a bit troublesome, so the influence of three hundred million U.S. dollars will be invisible.  , increase it a lot. I understand this, so I won¡¯t make it difficult for you, Li Sheng. I don¡¯t know what exchange rate you are going to use to take my money, Li Sheng?¡± Although Li Mingbao has some deep knowledge in finance.  He didn't quite understand it, but these simple and easy-to-understand things didn't bother him, so he understood Li Zhaoji's words very well.  Three hundred million U.S. dollars, in the early 1980s, was not a small amount of money no matter where you put it. Even if you wanted to make waves on Wall Street, it was not difficult. It was normal to pull up or depress the stock price.  Even with such great influence on Wall Street, let alone in Hong Kong, if we really put this money on the outside, maybe we can directly stabilize the exchange rate of the Hong Kong dollar for a period of time and reduce the momentum of the depreciation of the Hong Kong dollar.  Give it a beating.  Knowing that such a situation would arise, Li Mingbao would not put the money on the market openly, because doing so would not be of any benefit to Li Mingbao. On the contrary, he would be easily targeted by wolves, and perhaps even Hong Kong  The British government will also be tempted by this money. If it changes the rules slightly, Li Mingbao's money can be swallowed up.  So now, Li Mingbao can only secretly absorb Hong Kong dollars and find Li Zhaoji, just because the market in his hands is large enough to reduce external troubles.  Only in this way can you truly guarantee your profits.  &nbspHearing Li Mingbao's words, Li Zhaoji also breathed a sigh of relief. He was afraid that Li Mingbao's money would have to be exchanged according to the current black market exchange rate. If he really did that, Li Zhaoji's business would be ruined.  .  In fact, at this time, many financial professionals in Hong Kong, especially those in the exchange rate business, were collecting Hong Kong dollars. Although there was a lot of capital fleeing, their flight was an organized act, so even if the Hong Kong dollar exchange rate was somewhat chaotic, it was still possible.  There is no complete collapse, because everyone knows that if the Hong Kong dollar is really going to collapse, it will be of no benefit to anyone, and the capital that is fleeing now cannot escape.  Therefore, for the sake of everyone¡¯s capital, the Hong Kong dollar market cannot be completely destroyed, and there are also a lot of funds to cover it. This is to prevent the Hong Kong dollar from losing its value, which is good for everyone.  The instability in the exchange rate does not mean that the British Hong Kong government is inactive.  It's because the exodus has now reached a critical end. In terms of quantity, it is relatively large, which directly leads to the instability of the Hong Kong dollar exchange rate. However, there is still some bottom line, unless those businessmen and civilians who have no background are in  At this time, the losses were somewhat large. For truly well-established businessmen, not only did they not suffer any losses at all, but the losses did not reach their bottom line. To put it simply, their escape was successful.  As for the flaws in the exchange rate, the British Hong Kong government is also working on solving them.  With the British Hong Kong government as a guarantee, everyone understands that the exchange rate will stabilize sooner or later. In other words, the Hong Kong dollar will not become a discarded currency and will still have its value.  Everyone is convinced of this.  But the key is when the Hong Kong dollar will stabilize. This is a hurdle for those doing exchange rate business.  Even big guys like Li Zhaoji didn't know the plans of the British Hong Kong government. So now that I saw Li Mingbao, a layman, coming in with great fanfare, I immediately understood that Li Mingbao knew what time period this level was in, but unfortunately Li Mingbao didn't tell him the details.  He had no time, so Li Zhaoji had no choice but to inquire about these issues himself.  And now Li Mingbao's question gave Li Zhaoji an opportunity to inquire: "The exchange rate at which the money will be eaten is not something I can decide alone. After all, no matter how unstable the current exchange rate of the Hong Kong dollar is, it is still a currency.  , and currency can only show its value if it circulates, and it is impossible for it to remain there forever. So even if I want to spend this money, it will take time for you to raise the funds.  A person who understands that the more urgent the money is, the higher the interest rate will be. On this issue, even I have no say, so the final exchange rate depends on you, Xiao Li.  A week is the price of one week, half a month is the price of half a month, and even the price of every day is not stable. In this case, it depends on the price.  Li, do you want your money urgently or slowly? If you want it urgently, the preferential exchange rate will not be so high. If you want it slowly, Xiaoli, you will naturally get more Hong Kong dollars.  "The main decision-making power lies in your hands, Xiao Li, not in mine." Li Zhaoji's words seemed to be good to Li Mingbao, but Li Mingbao was not a fool, and he really wanted to tell the specific time.  If he says this, he will definitely make a lot more money than himself.  It¡¯s not that Li Mingbao is afraid of Li Zhaoji making money, but that he is afraid that Li Zhaoji will disrupt his plans.  Li Mingbao knows very well that his money, which is 300 million U.S. dollars, has nothing else except this money. The total amount has been fixed and there will be no changes.  But things are different here with Li Zhaoji. Compared to a local snake like himself, the resources that Li Zhaoji can use are not at all limited.  If you let him know the specific time, something might happen.  That would also be a big threat to the safety of Li Mingbao's money.  The British Hong Kong government wants to rescue the market. Anyone who understands knows that this is necessary.  If he doesn't do it, the mainland will reach out and do it.  If economic power falls into the hands of the mainland, the British Hong Kong government will be in trouble.  Therefore, bailout is necessary, but the time is uncertain.  And there are many ways to rescue the market.  Historically, the British Hong Kong government has been straightforward in rescuing the market, using foreign exchange to stabilize the Hong Kong dollar exchange rate and sticking to the exchange rate.  This kind of persistence, to put it bluntly, uses money as bullets to rescue the market. If it exceeds the bottom line, it will be suppressed.  The flowers are spent in vain.  Li Mingbao's US$300 million was an accident to the British Hong Kong government, and this accident could also knock off a lot of his flesh. Although this sudden attack will not cause the British Hong Kong government to fail, it can still shake it to some extent.  his principal.  One accident can handle it, but if the British Hong Kong government can handle several more accidents, then they will no longer be British, but Americans.  MaintainThe currency exchange rate doesn't matter how much money you have. The UK is not that wealthy right now.  If it exceeds their bottom line, it is not impossible for them to raise the exchange rate and directly depreciate the Hong Kong dollar. It is not impossible to change the original fixed exchange rate of 7.8 to a fixed exchange rate of 8 due to insufficient reserves.  Although it is an increase of 0.2, the loss to Li Mingbao is not just 0.2.
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