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Text Chapter 484 Standard Chartered¡¯s Profit Points

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    Li Mingbao's words almost made Tris angry.  Hard work pay, damn, so much money can be said to be hard work pay, and it¡¯s thanks to you, Li Mingbao, that you can say this. There is such a big income in the world, hard work pay. This is the first time Tris has heard of it, even during the war.  There is no such exaggerated hard work fee.  But Li Mingbao has already set this tone, what else can Terry say, just pay for your hard work. Now that Standard Chartered is a fish, they really can't do anything to Li Mingbao.  But it is impossible for Standard Chartered to fully accept Li Mingbao's conditions.  Even if it is not for the sake of Standard Chartered's face, it would be difficult for Standard Chartered to lose so much all at once.  Although there are subsidies from the government, doesn¡¯t Standard Chartered, which issues Hong Kong dollars, know how much money the British Hong Kong government has?  Therefore, it is not easy to make up for this loss.  "Mr. Li, we at Standard Chartered Bank agree in principle with your request. But this matter is too big. As a director, I cannot make the decision at all. After all, such a large amount of money is not worth it to us at Standard Chartered Bank."  It's a small amount, and we haven't discussed the specific price yet, but it's already clear that we will lose money. If there is any fluctuation in the specific price, it will be really fatal for us at Standard Chartered. So this matter, we at Standard Chartered.  It needs to be considered. At the same time, the British Hong Kong government also needs to consider. After all, we at Standard Chartered can only be regarded as a handler in this matter. Only the British Hong Kong government can play a decisive factor. If they do not agree.  , No matter how good we talk, it will be of no use. If they agree, then it doesn¡¯t matter how we talk. Regarding this, I hope you can understand, "Tris said.  "I understand, of course I understand. After all, although Standard Chartered Bank is issuing this money now, it will eventually be paid by the British Hong Kong government. I understand the difficulties you have as handlers. In fact, we are in a certain aspect.  , the interests are also the same, for example, regarding this money, we can actually be in the same camp. It depends on how Standard Chartered handles it." Li Mingbao said meaningfully after hearing Tris's words.  .  As a veteran banker, Teres immediately understood the meaning of Li Mingbao's words, so his eyes lit up, and then he said very understandingly: "Of course, I think there is a basis for cooperation between the two of us. After all, we are Standard Chartered Bank."  It is just a bank that issues currency, not a bank that manages taxes. Regarding Mr. Li's proposal, I will discuss it with other shareholders in the bank. So let's talk about it today. I will call other shareholders later.  , discuss this matter in detail." Seeing that Teres understood what he meant, Li Mingbao left the Standard Chartered Bank with his secretary without wasting any more words.  Li Mingbao couldn't control what matters Terry wanted to discuss with other shareholders in Standard Chartered Bank, but he could roughly guess some.  ??Essentially speaking, after Li Mingbao said those words, there was a real exchange of interests between Li Mingbao and Standard Chartered Bank.  Although Li Mingbao and Tris just talked about it as if they were incompatible, in fact, there is no conflict of interest between them.  The reason why Terese was so uncooperative was because Li Mingbao's money would not be of any benefit to Standard Chartered Bank, so Standard Chartered Bank was too lazy to do anything for Li Mingbao.  But after Li Mingbao's words, Standard Chartered Bank has practical benefits in this matter, so that's why Teres said such words.  To put it simply, Standard Chartered Bank does have the right to issue Hong Kong dollars, but this issuance right does not mean that Standard Chartered Bank can print as many Hong Kong dollars as it wants at any time. It depends on the Hong Kong government.  Bian allows Standard Chartered Bank to print as much as they guess can print. The extra Hong Kong dollars are the profits made by Standard Chartered Bank. To put it simply, this is the so-called seigniorage, but even this seigniorage is not Standard Chartered.  The bank has been rounded up, and the British Hong Kong government has a share. Otherwise, Standard Chartered Bank would not be able to get this power into its own hands. There are so many banks in the UK, why should the British Hong Kong government hand over such power?  Give them Standard Chartered?  As for printing banknotes, it is not something that the Hong Kong government can say. It involves many interests. The most basic thing is that the Hong Kong government¡¯s tax revenue in Hong Kong is the most important thing to maintain the value of the Hong Kong dollar.  factor.  Although national integrity around the world is not very good now, since the gold standard system withdrew from the global market, the integrity of banknotes has dropped to the lowest level, and the credit currency system has become the mainstream.  Compared with the original silver standard and the gold standard, such a system is too fragile. Therefore, many disadvantaged countries now rely on foreign exchange or some valuable materials to calculate their national currency and credit systems.  of.  The Hong Kong government prints money by relying on taxes and a?Other income is used to determine the number of Hong Kong dollars issued each year.  As for maintaining the currency stability of the Hong Kong dollar, although it relies on professional financial institutions such as Standard Chartered Bank, it is essentially the Hong Kong government's own business. Standard Chartered Bank's actions on the exchange rate of the Hong Kong dollar are, in fact,  They are just playing the role of thugs, so the rise and fall of the Hong Kong dollar is not as important to their interests as they imagined. The biggest influence is still on the British Hong Kong government.  In the previous discussion between Li Mingbao and Teresi, they did not talk about the benefits that Standard Chartered Bank would gain after this matter was completed. Although Standard Chartered Bank would be able to obtain good returns during the process of handling this matter, Standard Chartered Bank would not be able to benefit from this return.  They didn't like it, so their interest was not very big. After Li Mingbao said that, it meant that Standard Chartered Bank could share some benefits in this matter. To put it bluntly, it was a kickback.  Rebates are naturally more profitable than normal income, so Terrys is looking forward to it.  And Teres said that Standard Chartered Bank only issues currency, not collects taxes, which means that he understands what Li Mingbao means. Anyway, what is lost in the end is not their money from Standard Chartered Bank. Whether it was before or now, Standard Chartered Bank is here.  Above, there will not be any losses, it is just a matter of rate of return.  Regardless of taxes, Standard Chartered doesn't care whether the Hong Kong dollar rises or falls.  Waiting until the next day, Li Mingbao appeared in front of Teres on time again, and this time, Li Mingbao also did not see other Standard Chartered Bank shareholders.  This is not to say that Standard Chartered Bank does not value Li Mingbao as a customer. In Li Mingbao's reasoning, it should be that Teres does not like other shareholders to contact him, Li Mingbao. Anyway, they have already discussed what should be discussed, so one more person can come over.  , does not make much sense, but will bring Li Mingbao into contact with more people within Standard Chartered Bank, which will not be beneficial to Teres. Everyone knows that it is beneficial to eat alone, and the factions within Standard Chartered Bank do not  Less, Li Mingbao is a client of Standard Chartered Bank. The greatest benefit can be obtained by receiving Li Mingbao alone. If there is one more person, he cannot be alone.  So at this time, Li Mingbao only saw Tris.  Li Mingbao didn¡¯t bother to inquire about the internal affairs of Standard Chartered Bank. Anyway, he had no plans to join Standard Chartered Bank. Li Mingbao didn¡¯t care at all what was going on inside Standard Chartered Bank.  Besides, even if Li Mingbao wants to enter Standard Chartered Bank, Standard Chartered Bank may not have the power to allow him to enter. After all, Standard Chartered Bank is a bank with the power to issue Hong Kong dollars. It is fundamentally different from other banks in Hong Kong. The British Hong Kong government is  No Hong Kong person will be allowed to enter this system.  "How are you thinking about Standard Chartered Bank? Are you allowing me to enter, or not allowing me to enter?" When talking to these foreigners, Li Mingbao was very direct and asked quite clearly the main purpose of coming today.  "It will definitely be allowed, but in terms of the quantity, the exchange rate, and the interests of our Standard Chartered Bank, we always have to discuss it, right? As for the British Hong Kong government, they also agreed to us in principle.  The information provided to them by Standard Chartered Bank, so it is not a problem for the British Hong Kong government. The key lies in the first three points. As long as the negotiation on the first three points can be successful, then other things will be minutiae and will not affect our cooperation.  ." Tris said.  "In terms of quantity, I mean it's up to the guest. My upper limit is US$500 million. Exceeding this upper limit is also a very troublesome number for me. Similarly, I don't think the Hong Kong government can accommodate US$500 million.  Come in, after all, everyone knows how much money is needed to stabilize the value of the Hong Kong dollar. The Hong Kong dollar has not collapsed, but some recent events have caused the value of the Hong Kong dollar to fluctuate greatly. In fact, it has not affected the foundation. I am afraid that the British Hong Kong government  , and will not allow behavior that affects the foundation. The upper limit is 500 million, but the bottom line is at least 300 million, which is more than half of my total capital. It depends on how your Standard Chartered Bank chooses."  Speaking of.  "The upper limit is 500 million, and the bottom line is 300 million. To be honest, Mr. Li, you are very ambitious. With so much money, aren't you afraid that the Hong Kong government will play tricks on you? Come up with a stable exchange rate that is higher than the current black market exchange rate. By then  Mr. Li, not only will you not make a penny, but you will also lose a lot. Isn't the risk too great?" Terrys said suddenly at this time.  After hearing what Terese said, Li Mingbao said without moving: "If the Hong Kong government really wants to swallow my hundreds of millions of dollars, it will set such an exchange rate for the Hong Kong dollar. The one who will suffer the biggest loss will not  It¡¯s me, but the Hong Kong government. I don¡¯t believe that the Hong Kong government will do such a lose-lose thing. ¡°How can it be a lose-lose situation for both parties? After your money is withdrawn, the Hong Kong government will adjust the exchange rate back to a different level.  "Purpose?" Terris smiled. Li Mingbao's thoughts were a bit naive when it came to finance.??.  "I don't think the Hong Kong government will do this. The main purpose of the Hong Kong government this time is to stabilize the exchange rate, not to arbitrage money. Although my money is good, it is not easy to eat. I have said before that I  This money is just some of the current working capital of the company. Even if it is withdrawn, it will not affect the normal operation of my company. Moreover, it is almost the end of the year, and after the New Year, the working capital on hand will increase.  It will increase, and I will have a lot of funds just from the authorization, so this money is temporarily tied to the exchange rate of Hong Kong dollars, and it will not have a big impact on me. To put it bluntly, this money is just for me.  A sum of spare money, left there for a few years, will not affect my actual interests. So, Mr. Tres, you should understand, right?" Li Mingbao said with a smile.
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