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Text Chapter 478 The true nature of Hong Kong businessmen

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    0.2 ¡Á 300 million U.S. dollars, that is a price difference of 60 million U.S. dollars. If the exchange rate increases by 0.2, Li Mingbao will lose 60 million U.S. dollars in income.  If Li Mingbao charges Hong Kong dollars at an exchange rate of 7.9, then not only will he not make any profit, but he will lose US$30 million.  Therefore, he must not tell Li Zhaoji the specific time. That would be too risky. If the British Hong Kong government becomes completely shameless and directly raises the exchange rate to the US dollar to ten to one, Li Mingbao's money, let alone  If the profits are made, even the profits will be eaten up by the British Hong Kong government.  Of course, this adjustment cannot be what the British Hong Kong government says it will be.  After all, for a credit currency, one more point or one less point represents huge benefits.  Even if Japan's yen is devalued, regardless of the benefits of its depreciation, in fact such depreciation is still controllable. For the Japanese government, such a currency value is the most beneficial to them.  That is to say, only after the Plaza Accord, the exchange rate of the yen is no longer under the control of the Japanese government. At that time, the yen will become particularly unstable. Japan will lose a lot of money every year just from changes in the currency value.  money.  Of course, Hong Kong is not Japan. With Hong Kong¡¯s conditions, it is impossible to reach that level.  Therefore, the interests involved in Hong Kong¡¯s currency value are not that huge.  But even so, whether there is one more point or one less point, the stakes are quite high. Unless necessary, the British Hong Kong government will never change the currency value that is most suitable for them.  ¡° In this way, some of Li Mingbao¡¯s concerns are unnecessary, but in fact, it is quite the opposite. After all, Hong Kong¡¯s interests are also part of the interests of the United Kingdom.  The UK can take action to protect Hong Kong, but it does not mean that it will do its best to protect Hong Kong. If the cost exceeds the benefits, then it is not uncommon for the British Hong Kong government to act erratically.  Regarding what is the bottom line of the British Hong Kong government, let alone now, even thirty years later, these things have a certain level of confidentiality. Perhaps in the minds of some people in the industry, these things are equivalent to some open secrets.  .  But outside the industry, such news is really kept secret. It is impossible for Li Mingbao to find any clues. None of this information is available on public platforms.  Even if there is, those information are definitely not accurate information.  So for Li Mingbao, the only thing he knew about this action was the time in history when the British Hong Kong government took action.  It is precisely because of the uncertainty of history that Li Mingbao is a little cautious even in handling his own funds. To be honest, a year ago, maybe Li Mingbao could only get away with this 300 million US dollars, or a little more.  A little, but now, the money that Li Mingbao can really use, and even if he loses money, it will not affect the development of his company, is definitely not only 300 million US dollars.  But this time Li Mingbao only used 300 million U.S. dollars, because he was afraid that if more money was used, it would affect the general situation, and in the end, his money would be stuck in the exchange rate and he would not be able to withdraw it.  Li Mingbao doesn't have enough money to eat meat, let alone join forces with Li Zhaoji, so Li Mingbao can never say the specific time. Even now, Li Zhaoji threatens with the exchange rate, Li Mingbao can't say.  Li Mingbao understood Li Zhaoji's plan very well, but Li Mingbao also had a strategy to deal with it: "Since Li Sheng has spoken so openly, I won't say anything false. I do need the money, but I'm not in a hurry.  Half a month, if you give it to me, then the task is completed. I don¡¯t know Li Sheng¡¯s exchange rate for this month and a half. How much price will you give me?¡± When Li Mingbao said one and a half months, Li Zhaoji immediately became excited. Could it be that Hong Kong  The government will take action in one and a half months?  Where did Li Mingbao get such accurate information?  With Li Mingbao's background in Hong Kong, I'm afraid he can't do such a thing, right?  Is there any fraud involved?  But since Li Mingbao has spoken like this, Li Zhaoji does not think that Li Mingbao is telling lies. After all, it is not only Li Mingbao who has the final say when the money is obtained, but Li Zhaoji can also have the final say.  Seeing the slight change in Li Zhaoji's face, Li Mingbao added: "Three hundred million US dollars can be exchanged for Hong Kong dollars in one and a half months, which shouldn't be very tight. So at this exchange rate, there should be a good price, right?" "Xiao Li  That's right, one and a half months is still plenty of time, and the money is relatively easy to collect. The exchange rate is naturally higher, but it won't be higher than the highest price on the black market now. After all, you have this money  , the quantity is relatively large. There is indeed some rising foreign exchange on the black market, but after all, that quantity is nothing compared to your money. For large transactions, price and the black market are two different concepts. If it is 300 million U.S. dollars  , then I think one to ten is appropriate, Xiao Li, what do you think?" Li Zhaoji said with a smile.  "One to ten? Even if this ratio is higher than the official ratio, it is not much higher. Li Sheng, I sincerely want to cooperate. Please give me thisIt¡¯s a price that¡¯s not quite right, right?  "Li Mingbao said with some dissatisfaction when he heard the price. "One to ten. If it had been exchanged a few months ago, this exchange rate would have been relatively fair. But now, the official exchange rate of the Hong Kong dollar has reached nine points.  At about six, if based on this exchange rate, Li Mingbao would only have an extra profit of 0.4 with Li Zhaoji. This is completely treating himself as a fat sheep. If there is only such a small fluctuation, why would Li Mingbao bother to find it?  Li Zhaoji, wouldn't it be better to exchange Hong Kong dollars directly at the official website? Compared with the gray area on Li Zhaoji's side, the official website is safer. And if you go to the official exchange, the British Hong Kong government will never refuse, although Li Mingbao is actually doing this.  He is making money in Hong Kong dollars, but on the surface, Li Mingbao's actions are to save the Hong Kong dollar. The officials, let alone hating Li Mingbao, have to give Li Mingbao an award. Even those British Hong Kong government financial institutions who know that Li Mingbao is making money  Institutions will also acquiesce to Li Mingbao's actions and even thank Li Mingbao. After all, Li Mingbao earned his money openly. What the British Hong Kong government lacks now is not Hong Kong dollars, but the foreign exchange that stabilizes the Hong Kong dollar.  In foreign exchange, compared to mobilizing funds from the UK, Li Mingbao's money is unplanned money. In terms of stabilizing the Hong Kong dollar exchange rate, he gets more than he loses, so they would rather Li Mingbao make money than lose.  Regarding this amount of funds, before Li Mingbao transferred the U.S. dollars to the United States, someone from Standard Chartered Bank called Li Mingbao to hint that if Li Mingbao kept the money in Hong Kong and converted it into U.S. dollars, they would  Giving Li Mingbao a satisfactory exchange rate, a one-to-ten exchange rate, was the bottom line they gave Li Mingbao. But at that time, Li Mingbao rejected the British Hong Kong government's request because the money had already been used for a new purpose, so the negotiation did not proceed at all.  It was necessary to go down. Li Mingbao didn't even agree to the official exchange rate of one to ten. He only agreed to Li Zhaoji's request because he was out of his mind. After all, the transaction with Li Zhaoji was completely done in secret, except for financial benefits.  There are no benefits at all, and he also has to shoulder some accusations that may arise. It would be strange for Li Mingbao to be satisfied if Li Zhaoji just offered such conditions. Instead of dealing with Li Zhaoji, Li Mingbao might as well deal with the British Hong Kong government, which would not only be fair and aboveboard  It can make money and sell to the British Hong Kong government. In the future, when the British Hong Kong government wants to move Li Mingbao, it will have to think of Li Mingbao's contribution to stabilizing the value of the Hong Kong dollar.  The political world will all have a strong foundation. Hearing Li Mingbao's rebuttal, Li Zhaoji continued as if he was sitting firmly on the Diaoyutai: "Li Sheng, one to ten is already a lot.  Even though the ratio of one to twenty has appeared on the black market, such a ratio is still only a minority.  Most of the ratios, especially those based on volume, are actually not much different from the official exchange rate.  So I give you a ratio of one to ten, which is really not very low.  No matter how much we eat, we won¡¯t have to eat anymore.  "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 still make a profit. After all, Hong Kong dollars are currently traded in bulk.  Above, there are not many advantages at all. In other words, those capitals who are preparing to flee no longer consider using Hong Kong dollars to trade, but directly use foreign exchange, US dollars, pounds, or even rubles, but Hong Kong dollars are  Absolutely not. So even if he has 3 billion Hong Kong dollars, it will not have a greater effect than 300 million US dollars. But as a businessman, his own profits are never high enough, so how can he think more about his opponent?  Especially the transaction with Li Mingbao. In Li Zhaoji's view, this is a completely unique transaction. Now, except for him, Li Zhaoji, no one else in Hong Kong can handle such a huge amount of money.  Under such circumstances, even if Li Mingbao wanted to trade, there would be no one else but him. In this case, Li Zhaoji would naturally want to maximize his own interests, if it weren't for the official exchange rate of the Hong Kong dollar now reaching around 9.6.  , Li Zhaoji would even just give Li Mingbao a ratio of one to nine. Hearing Li Zhaoji's words, Li Mingbao immediately understood what Li Zhaoji was thinking, and then he couldn't help but sigh. Originally, he thought that Hong Kong businessmen should pay attention to their appearance.  , I can be considered a member of the Hong Kong businessmen. When Hong Kong businessmen were hunting for British capital, I also made some efforts. Although I made some money, the majority was still given to other Hong Kong businessmen.  , My reputation among Hong Kong businessmen should be pretty good. With such confidence, I should give myself some face, right? Everyone has to make money, but they should also pay attention to some fairness.  ? But the reality gave Li Mingbao a vivid lesson.process.  He thought that the things he had done before would at least put him on a fair footing in front of these big guys, but looking at Li Zhaoji's appearance now, he didn't take him seriously at all.
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