Through the wealth life

Chapter 603 George Lavin
Faced with the current situation, Li Guangyu looked like he was sitting on the Diaoyutai, and he was not in the slightest anxious about it, but there was already an undercurrent under the Xiangjiang River, and all forces were making their own choices about the situation in front of them.

The most anxious thing at present is the Development Bank of Singapore. It is the bank that took the most empty orders from Li Guangyu. The stock market keeps falling, causing them heavy losses. They also hope to sell to stop the loss, but they have not found a buyer to take the order. Home.

Although Citibank also received an order of 100 billion Hong Kong dollars, but with the strength of their consortium, there is no big worry. This amount of funds is just a piece of cake for their consortium.

At this time, in the office of the chairman of Hong Kong Standard Chartered Bank, George Lavin was receiving a call from the current bank director and the largest individual shareholder of Standard Chartered, Qiu Depu, from Singapore.

There is only one content, which is to ask George Lavin to transfer out the long orders in his hand as soon as possible, and complete the stop loss as soon as possible, so as to avoid greater losses for the bank.

With such a large order in hand, once there is a liquidation and they cannot sell it in time, if the customer does not make up for this part of the loss in time, or even the other party is unable to make up for it, their bank will suffer heavy losses.

George Lavin said: "Mr. Qiu, you are also aware of the current situation in Xiangjiang. At this time, there is no sign of any rebound in the stock market. At this time, it is difficult to sell our list. Unless there is any good news, otherwise we can only Watching the stock market Hang Seng Index keep falling."

The Singapore consortium has now gained a firm foothold in Xiangjiang. Naturally, it has its own source of information. It is very clear about the current situation of Xiangjiang. It is precisely because of this that he is so anxious.

This time, most of the orders they took over from Li Guangyu were funds invested by some forces in Western Europe. Once the position here is liquidated, it will be quite a waste of energy to go to them there to argue with them.

Moreover, the loss after the liquidation here needs to be borne by their bank temporarily until the end of this transaction. If Standard Chartered Bank loses billions at once this time, it will be a considerable blow to him.

Qiu Deba said: "In this regard, you should try your best to transfer it out. At the same time, you can contact the chairman of HSBC to meet with You De. The current economic pressure of Xiangjiang is so great, which prompts the government to come up with some policies to promote the economic development of Xiangjiang. Come out, this will be good for the stock market, and it only needs the government to come up with a plan. With such a plan, I believe many people will think that the stock market will rebound quickly, so they will take the list in your hands.”

George Lavin doesn't have much hope for this. It is useless to put out any policy at this moment. Unless the dust of this incident is settled, the stock market should not think about it in the short term.

Moreover, the Lee consortium made a big bet again this time. How could they let the stock market rebound before they made enough money? George Lavin estimated that the stock market Hang Seng Index will not fall below [-] points this time like last year. Li's consortium will not stop.

But since the major shareholder gave orders, George Lavin could only agree. After hanging up Qiu Deba's call, he immediately called Shen Bi.

At this time, Shen Bi was not much better than George Lavin. He was also on the phone constantly, and many Southeast Asian forces asked HSBC to sell their orders as soon as possible to avoid greater losses.

After receiving a call from George LaVine, Shen Bi said, "LaVine, what's the matter with you calling at this time? Your side is more stressed than me right now."

Shen Bi knew some things about the Standard Chartered Bank, and he knew that the other side had received much more orders than his own, and many European forces had stepped in, hoping to make a fortune from the Li consortium. By the way, the strength of the Li's consortium will be weakened, and the people connected in series here are the shareholders behind the Carrefour Group.

It's a pity that they overestimated the strength of England and underestimated the determination of the mainland. As a result, they not only failed to trap the Li's consortium, but suffered heavy losses themselves.

George Lavin said: "Shen Bi, you have a lot of orders this time, right? If we allow the stock market to plummet like last year, once these orders blow up and the customers don't care about it, the final loss will still be huge." Let our bank bear the burden, even if our two families have a big business, we will be half disabled in the face of such losses."

As soon as Shen Bi heard it, he knew that the shareholders behind Standard Chartered must be anxious. Shen Bi asked, "Lavin, do you have any good solutions for this?"

After listening to George Lavin's narration, Shen Bi did not hold much hope for it. The current situation cannot be solved by one or two policies. There are problems in both the stock market and the property market, which will trigger a series of problems in the future. Question, that's such an easy thing to do.

This kind of stock market crash can only wait until it bottoms out, and it is undoubtedly a dream to reverse this situation immediately.

What's more, Xiangjiang's policy is not decided by You De alone. It still needs to be discussed by the Executive Yuan. The influence of the Lee Consortium is not small. Luo Luocheng is a member of the Executive Legislative and Legislative Councils. damage.

Shen Bi said: "Lavin, I can accompany you to meet Youde, but you still don't have too much expectation, you still have to prepare for the worst. Come to assess your losses this time, and at the same time contact your customers and ask them to cover their positions as much as possible, it is best not to let these orders fall into the hands of the bank itself."

George Lavin said: "I also know that it is only the major shareholder's order, and I can only follow it. As for the issue of replenishment, I will contact the London headquarters later and let them communicate with these customers. Fortunately, this time the customer They are all big groups in Western Europe, so don’t worry about recovering losses in the end, and these groups can’t bear such a reputation.”

Shen Bi then told George Lavin the news that Tianyu Financial Group and some Chinese-funded banks planned to put pressure on the government to obtain the right to issue banknotes in Hong Kong dollars at the financial meeting tomorrow afternoon, and asked him his opinion on this issue.

George Lavin was so dazed by the affairs of the stock market these days that he didn't know the news at all. When he heard Shen Bi mentioning it, he was shocked.

He said: "Shen Bi, the right to issue banknotes in Hong Kong dollars is the only advantage our two major banks have over Tianyu Bank at present. This thing must not be allowed to get involved by the Li's consortium, otherwise it will be even more difficult for our two banks in the future."

Shen Bi smiled and said: "Don't worry, I don't think the Lee consortium can take this matter now, the British government will not agree to let the Chinese family get the right to issue banknotes in Hong Kong dollars, this is to ensure British rule of Hong Kong Means, this time they probably have to do useless work."

George Lavin is not as optimistic as Shen Bi. The Lee Consortium is expanding its influence in England very quickly, and it has a close relationship with the Conservative Party. Now that the Conservative Party is in power, maybe it will really be fooled by the Li Consortium. The consortium also came in to share the power and interests of the Hong Kong dollar banknote issuance right.

He said: "Shen Bi, since you brought it up, it shows that you still have worries deep in your heart. Don't say nice things at this time. Tell me about your plan."

Of course, Shen Bi was worried. The biggest enemy of HSBC now was Tianyu Bank, and his position was becoming more and more precarious. Maybe one day he would become a stepping stone for Tianyu Bank.

Shen Bi said: "Lavin, in addition to your comments during our meeting with Youde, the main point of our meeting is to emphasize the threat of the Lee consortium to our British consortium and their threat to the British rule of Xiangjiang. We must let Youde Let the Monetary Authority withstand the pressure from the Chinese-funded banks this time, and prevent Tianyu Bank from obtaining the right to issue banknotes in Hong Kong dollars."

George Lavin didn't want the Li's consortium to come to divide up their interests, so he agreed to Shen Bi's proposal without any hesitation.

(End of this chapter)