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Text Chapter 211 Short-term Loans and Short-term Borrowing

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    Short-term loans and short-term borrowings seem to have similar meanings. They both mean short-term borrowing. In some cases, these two terms are actually not separated.  But in Hong Kong today, the difference between the meanings of these two words is really huge.  Short-term loans and short-term lending actually have two completely opposite meanings in Hong Kong today. If short-term loans are likened to conscientious loans, short-term lending is basically equivalent to black-hearted, and the meanings are similar.  Short-term loans have a meaning of relief in Hong Kong today. Although the interest rates are almost twice as high as those of long-term loans, they are actually very affordable.  But short-term lending is definitely not a good word. Basically, it is a little more humane than Heisehui's compound interest rate, but it is not much better.  Hong Kong businessmen will never engage in short-term lending unless they have no other choice, especially between banks. Doing so can easily turn their own industry into someone else's.  The interest rate is at least fifty points. That is to say, if you borrow one million today, you will have to pay back one million and a half million one month later. This is only a one-month loan. If you borrow three months, then  Basically, you borrowed one million, and when you pay it back, you have to pay back more than two to three million. The interest rate is more than 15%, which will definitely make you miserable.  At such an interest rate, not everyone can get it. You must have your own guarantee. If you can't pay it when it is due, then your company will be my company. If I like your wife and daughter, they will be mine too.  of.  It is slightly better than the Heisehui mortgage, but it does not compound interest, and it is still calculated on a monthly basis.  If someone like Heise knows how to lend money, it is calculated once a day, and the interest is calculated together with the principal. If it is calculated based on the interest rate of twenty points, you originally borrowed one million, and the next day it is one hundred and twenty.  Ten thousand, the third day will be 1.44 million, and the fourth day will be 1.728 million.  It would have to be over two million on the fifth day.  Comparing such interest rates, short-term lending can basically be regarded as a conscientious price.  Among the three types of borrowing methods in Hong Kong, short-term loans are the most humane. Short-term borrowing is not considered kind. As for loan sharking and interest compounding, unless someone is desperate, they will basically not consider such a loan.  It¡¯s hard to get a decent price.  As Hong Kong business elites, none of the three present are simple. Even if Huo Zhengting is a little younger, he can be regarded as having a family background, so he understands Li Mingbao's concept of short-term lending at once, but it is  Because he understood, Huo Zhengting felt that Li Mingbao's funds were sometimes a hot potato.  "Short-term lending? Why can't we make short-term loans? After all, we are all born in Hong Kong. Although you, Xiao Li, have only been developing for a short time, you are also Chinese. You should give more consideration to us Chinese in everything, especially this  For big things like this, if you don't have to make some money, you can have good popularity, right?" Huo Zhengting said slowly.  Hearing Huo Zhengting's words, Li Mingbao no longer pretended to be pitiful and innocent: "Yes, in the end, we are all Hong Kong businessmen, and the imprint of our identity cannot be erased no matter how hard we try, especially in such a large-scale war against the British."  When it comes to financing, we should unite even more. If you had invited me earlier, it would not matter if I was doing interest-free short-term loans or making good friends. After all, Hong Kong is only so big.  But I wanted to contribute before, but no one liked me. Since everyone didn't accept my wishes, don't blame me for talking about business.  We are all Hong Kong businessmen. When there is no benefit, no one will even look at me. Mr. Huo, do you think I should want such a good relationship? Or should I not?  Because I'm lucky, I'm not on the same level as you, so you can do whatever you want with me. Let me contribute to give me face. If you don't want me to contribute, I'm asking for it. I really don't dare to have such a fate.  Yes, who knows what difficulties I will encounter in the future, and whether this fate will be of any use? To put it bluntly, to you, I, Li Mingbao, am actually an outsider. In this case, why should I do it myself?  Amorous? Anyway, in my current industry, I don¡¯t have much connection with you. Since you don¡¯t care about my identity, I will do it myself. You guys will go your way and I will go my single-plank bridge. For the sake of both Chinese people.  , I will do short-term lending. Otherwise, if I am really cruel, I can join forces with the Xiang brothers to do loan sharking. Whoever lends it is not a loan?  It¡¯s just that my reputation is not very good, but reputation is not too important to me, Li Mingbao. Everyone knows that I, Li Mingbao, started out as a gangster. Anyway, my reputation is not that good, I might as wellThe road goes dark.  " Li Mingbao's words were said to be impolite, but in fact they were true, so even Huo Zhengting had no way to refute. The Hong Kong business community has indeed not done a good job with newcomers like Li Mingbao. As long as it is discussed  When it comes to Li Mingbao, most people will say that this guy is a nouveau riche. Not to mention Li Mingbao, even Li Chaoren is often said like this by those veteran Hong Kong people when he is not completely crushed.  Now that Li Chaoren has the title of Superman, some people still say this about him, but they say it behind his back. This is because Li Chaoren's current strength can be said to be top-notch in Hong Kong, so he changes it to say it behind his back.  For young people like Li Mingbao, they don't have such good morals. Even if their so-called old family capital is not as much as Li Mingbao, but they occupy positions with wide connections, they will not buy into Li Mingbao's account too much.  . Especially since Li Mingbao is in a special industry, it is even more difficult for them to maintain their moral integrity than Li Chaoren. In fact, the film industry is very special, and there are no upstream or downstream companies that can influence it.  , unlike building a factory, which requires upstream to provide raw materials and downstream markets, and unlike the real estate industry, which requires more contacts, the film industry is relatively simple, with film companies shooting movies and theaters showing them.  Even if the movie is almost finished, it will not affect many industries in total. It is relatively independent, so Li Mingbao is not afraid of offending the local tycoons in Hong Kong, and the local tycoons are not afraid of offending Li Mingbao, because there are not many intersections, unless Li Mingbao reports Hong Kong again.  If he controls a part of the world, then due to the pressure of public opinion, others may take a serious look at Li Mingbao, but as far as movies are concerned, there are really too few people that Li Mingbao can threaten. Current movies do not pay attention to sponsored advertising, and even such things are not included.  No, why should others treat Li Mingbao like a rag? If it were Uncle Liu, others would have some scruples because he controls the TV station.  It was too generous, but others respected him after all. Because Li Mingbao¡¯s words were meant to be rude, the originally harmonious atmosphere was inadvertently broken. Fortunately, there were Li Chaoren and Wang De in the box at this time.  Especially Li Chaoren, Li Mingbao said that his treatment was similar to that of a rag, which was all from his heart. When Li Chaoren started his business, other Hong Kong businessmen also treated Li Chaoren in the same way.  Li Chaoren is lucky. If he hadn't found a good wife, how could he be the current Li Chaoren? He and Li Mingbao received similar treatment. Now they have finally come to an end, but Li Mingbao has reminded him again.  Although this is a bit exaggerated, it is not nonsense.  I think my treatment was similar to that of Xiao Li at the beginning, so I won¡¯t say more.  Since you have such thoughts, Xiao Li, it¡¯s useless to say more.  Short-term borrowing is just short-term borrowing. When you are really in a hurry, there may not be a place to borrow money.  Now that Xiao Li has made such a promise, it is not bad. At least one of you can withdraw. When I go back, I will tell everyone about Xiao Li's requirements. Anyone who needs it can contact you directly at that time.  That's it, I won't interfere too much.  The lending rate is based on the prevailing price. Whatever the current price is, they will give you whatever price it is.  " "When I say this, I actually don't mean to offend anyone. It's mainly because our family is small and can't stand the trouble. It's not a big deal if we work hard in vain and get no benefits.  If I had a net worth of tens of billions now, even if I did good deeds, it would not be a big deal.  "But I am still a little shrimp after all. I can't take care of myself, so how can I take care of others?"  Although my money is in the bank and it doesn¡¯t seem to be moving, who knows when I will need the money?  Just like the entire movie theater renovation this time, even I didn¡¯t know that so many things needed to be done before the shareholders¡¯ meeting was held, so having some money on hand is a good thing for anyone.  Mr. Huo, Mr. Wang and Mr. Li, please don¡¯t think that I really got into money.  Since I said that short-term lending can be done, in addition to leaving some guaranteed capital, I can use other money, at least 200 million U.S. dollars, which must be a boost for things like acquisitions. Then I just need to follow the instructions  The prevailing price will follow, and you will pay back whatever currency you borrow. As long as you agree to these two points and sign the agreement, then there will be no problem with lending money here.  "At the end of Li Mingbao's words, he made another key request. "Whatever you borrow, you will pay back. He doesn't want those Hong Kong businessmen to lend their US dollars and then return a bunch of Hong Kong dollars. Li Mingbao believes that as long as he does not limit it like this,  Even if such a thing is the rule??Those Hong Kong businessmen dared not abide by the rules and borrowed US dollars to repay Hong Kong dollars, and they still paid back at the official price.  " If this is the case, the US dollars that Li Mingbao borrowed will definitely be snatched up by Hong Kong businessmen in a short time. Even if they are not used for emergency purposes, they can still make a lot of money just by speculating in foreign exchange on the black market.
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