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Text Chapter 487 Reaching an Agreement (Part 2)

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    Li Mingbao withdrew the money, and in a short period of time, it caused considerable trouble for Standard Chartered Bank in terms of exchange rates. What was originally a private plot was now much vacant.  You know, in this era, there are very few rich people in the world who can spend 300 million US dollars in cash at once. Even if Standard Chartered Bank has a wide network of contacts, it is quite difficult to achieve the goal in a short time.  Therefore, there are actually not many vacancies in Standard Chartered Bank at this time.  After all, although things like stabilizing the exchange rate are a loss-making business for the government, it is a profitable business for those in the government. The government is not an individual, but individuals can influence the government.  Therefore, those who knew the profits early took action early and occupied the position, and Standard Chartered Bank's contribution to this was also considerable.  Capital is something that, except for a few people who have enough cash flow and can mobilize it back and forth in a short period of time, it is not easy for even those large enterprises and financial institutions to talk about it.  So until now, Standard Chartered Bank has not selected suitable capital to enter the hole created by Li Mingbao, and now that Li Mingbao has put the money back, Standard Chartered Bank naturally does not need to find anyone else to realize this.  Target.  Instead of achieving such a goal, Standard Chartered Bank originally had a balance of only US$300 million.  It¡¯s not that they can¡¯t absorb more capital, but more capital cannot achieve the most ideal effect. Plus the total capital from the UK and the Hong Kong government, there is only so much. If they eat too much, the Hong Kong government will  This side cannot afford to pay, and what will be affected will be more things. It will not benefit either party if we have to squeeze in more funds.  Therefore, the funds Tres needs are only 300 million U.S. dollars, not 500 million U.S. dollars. This was actually determined three months ago.  In fact, if Li Mingbao didn¡¯t get the money back quickly enough, and Li Mingbao came to Standard Chartered Bank quickly enough, maybe half a month later, Li Mingbao wouldn¡¯t be able to squeeze in even 100 million US dollars, and Standard Chartered Bank might not be willing to accept it.  .  Because with the influence of Standard Chartered Bank, suitable capital had been found at that time, there was no need for Li Mingbao's funds at all, unless Li Mingbao's money was free from the Hong Kong dollar exchange rate and reached a tacit understanding with Standard Chartered Bank, and then  Do hedging, otherwise Standard Chartered Bank will have no profit at all.  "Three hundred million U.S. dollars is okay, I can still make a little profit. Then I will put the other funds back. So regarding the issue of settlement, what is your opinion at Standard Chartered? Wait until the exchange rate stabilizes, and then immediately put all the funds back."  Can you exchange the funds for me, or do you have another opinion?" At this time, Li Mingbao asked again.  The reason why I ask this is because Li Mingbao also knows that it is simply unrealistic to take out all the money immediately after the exchange rate stabilizes. He will have to wait at least one or two months for the exchange rate market to be completely stabilized before Standard Chartered Bank dares to let go.  If we let it go too early, someone else can immediately destroy the stable exchange rate with a counterattack.  At that time, neither Standard Chartered Bank nor the Hong Kong government will make any profits. Both individuals and the government will lose money on this, and the money lost will be robbed by hot money.  Even a financial novice like Li Mingbao understands how harmful this is.  Even Li Mingbao's funds are essentially hot money, but his hot money has now been secured by Standard Chartered Bank and turned into a shield against foreign enemies.  But if such a shield is let go before the Hong Kong dollar exchange rate is completely stabilized, then there is no guarantee that Li Mingbao will not come to eat the plaintiff and the defendant's game, make a lot of money with Standard Chartered Bank, and then make money on the exchange rate.  The last sum of money was used to make shields and swords, both of which were profitable. Wouldn't Standard Chartered Bank be in trouble?  Therefore, even if Standard Chartered Bank wants to release Li Mingbao's capital, it will have to wait until the Hong Kong dollar exchange rate has completely stabilized and Li Mingbao's funds can no longer be used as a sword before it will release the money. Here,  Previously, Li Mingbao's money had to be kept in the vault of Standard Chartered Bank.  "Mr. Li is now a half-financial person. He naturally understands how harmful it will be to the Hong Kong dollar exchange rate if you release your money after the Hong Kong dollar exchange rate stabilizes. Although we are in a cooperative relationship now, who knows Li  Sir, will your appetite be better? In order not to cause trouble for us, but also for the sake of our friendship, this money must be kept for a while before being given to Mr. Li for at least two months, and these two months will be given to Mr. Li.  Time, our Standard Chartered Bank will pay Mr. Li your interest as usual and will not take advantage of Mr. Li," Terese said seriously.  "It's okay. I'm not surprised by such a result. After all, when the exchange rate of the Hong Kong dollar is stable, there will always be some back and forth. Even after the Hong Kong government fixes the exchange rate, there is no guarantee that some people will not want to take advantage.  So I understand this. Two months is enough. Anyway, I don¡¯t have anything good to do with this money for the time being.If you invest, it¡¯s the same with Standard Chartered.  As for the interest, just deposit it as a lump sum.  "Li Mingbao nodded in agreement after listening to Terese's words. As for the interest being waived because of this cooperation, that would never come out of Li Mingbao's mouth. Because the interest provided by Standard Chartered Bank is quite generous.  . Of course, this is for a wealthy man like Li Mingbao. For ordinary people, the interest rate of Standard Chartered Bank is not very high. It cannot be said that there are many banks in Hong Kong with higher interest rates than Standard Chartered Bank.  , but it's quite a lot. So the interest rate of Standard Chartered Bank is not that eye-catching. But it depends on the situation. If you deposit 100 Hong Kong dollars, it will give you one or two cents in interest a month, which is naturally not good.  It¡¯s a lot. But if someone like Li Mingbao deposits 300 million US dollars, the interest he can get is quite high. Before this, when Li Mingbao put his money in Standard Chartered Bank, the monthly interest was 3%.  , that is to say, Li Mingbao can earn 9 million US dollars in pure interest from Standard Chartered Bank in one month. Such a large amount of money is enough to film a "Terminator". Li Mingbao's daily expenses are just from the interest.  , it can¡¯t be spent unless there is a big investment. Therefore, Li Mingbao is not willing to cut off such interest. He can earn more than most people through hard work without doing anything. Li Mingbao has no reason to give such a huge amount.  The benefit was given to Standard Chartered Bank. Hearing that Li Mingbao was so considerate, Terisi was actually afraid that Li Mingbao would play the game of eating the plaintiff and eating the defendant, so he made such a request to explain to Li Mingbao.  The other is to test Li Mingbao. To test whether Li Mingbao is interested in making money from the exchange rate market. If he is really interested, Standard Chartered Bank and the Hong Kong government will have to take more defensive actions.  After all, Li Mingbao not only has the money in Standard Chartered Bank, but also has 200 million U.S. dollars. This amount of money can have a certain impact on the Hong Kong dollar exchange rate. Now it seems that Li Mingbao still has it.  He is quite kind and has no such plan, so Li Mingbao's alert level can be lowered a few levels. If Li Mingbao can hear Tris at this time, he will definitely laugh to death. It's not that he is very concerned about this matter.  Kind, but because he understands his own weight and eats as much as he can. If he eats too much, he will die. Now that he has received enough rewards, why should he be a villain again?  That may not yield much, but it will definitely leave a very bad impression on the Hong Kong government. It¡¯s not like he really doesn¡¯t want to lose the foundation of the Hong Kong government and concentrate on making money in the United States.  Giving face to the Hong Kong government means giving face to oneself. If the move is too dark, it will be difficult for him, Li Mingbao, to survive in Hong Kong. And after knowing that Li Mingbao did not intend to do more, Teres raised another matter: "  Then when the exchange rate is completely stable, we can then give the money to Mr. Li. At that time, can we do it this way?  Mr. Li, we will pay you your US dollar principal as usual, and Mr. Li, can we pay your profit in Hong Kong dollars? After all, at that time, we at Standard Chartered Bank may not have much foreign exchange.  I'm afraid I won't be able to raise that many dollars to give you in a while.  If we pay in Hong Kong dollars, it will be much easier for us here.  " "The principal should be given to US dollars and the profits should be given to Hong Kong dollars?  Mr. Tres, you are not being kind enough to do this.  We are not outsiders. I still know the details of your Standard Chartered Bank. To say that you lack foreign exchange is simply a joke.  Of course, I¡¯m not that unkind. This matter can actually be discussed.  At that time, the principal matter will be settled in this way, and we can continue to discuss the profit issue. In fact, the result does not depend on me, but on the mainland.  As you know, I also have a lot of investment in the mainland. On the contrary, in Hong Kong, there are not many properties on which I can spend large sums of money. When I was building the United Cinemas, even if they were all renovated,  Then I bought so much advanced equipment without actually spending much money.  And now that the United Cinemas chain has been completed, Hong Kong really doesn¡¯t need much money.  Under such circumstances, it does not make much sense for me to leave so many Hong Kong dollars.  On the contrary, I need to invest more capital on the mainland side. The mainland side is no better than Hong Kong. Various industries are quite developed. Each industry basically has its own leader. Even if I enter, it will be very difficult.  It is difficult to compete with them, but it is different on the mainland. Now the mainland market is basically equivalent to a virgin land. No matter which industry it is, large sums of money can be invested in development. With the population base and vast market on the mainland,  , the funds spent will not be a trivial matter in Hong Kong.  Therefore, my industries in mainland China all require large-scale investment.Income.  As for the exchange rate on the mainland, as you know, it is quite troublesome. It is not based on the international benchmark, but has its own independent system. So when I invest there, for the sake of my own funds, I have to look at that.  What is the exchange rate in the mainland at that time? If it is more cost-effective to invest in Hong Kong dollars in the mainland, then I will invest in Hong Kong dollars there, and it doesn't matter if you give me cash in Hong Kong dollars.  But if it is more suitable to invest in US dollars over there, then I will only use US dollars.  After all, no one wants to suffer so much loss just from the exchange rate.  So when the time comes, I will not have the control over what currency to exchange, but the mainland.  "Li Mingbao said seriously.
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