The Rebirth of the Financial Hegemon

v3 Chapter 55: Decline of the British Empire

Ludao City, Southeast Province.

The address mentioned by George King made Li Zhanong narrow his eyes involuntarily.

Because Qiu Deba's ancestral home is in Haicang, Ludao.

This is too coincidental, so coincidental that Li Zhe Nong can't even think about it.

Most Chinese people do not know much about the history of Southeast Asian countries because of the intricate logic that cannot clarify historical issues.

When it comes to overseas Chinese, people often think of Chinese with European and American nationalities.

But in fact, the overseas Chinese in Southeast Asia have made indelible contributions to the development of China.

Even the history of Southeast Asia, it can be said that half of it is related to the Chinese.

Especially in Malaysia, Singapore to the Philippines, Indonesia.

The influence of the Chinese once overwhelmed the local aborigines, and more than half of the wealth in Southeast Asia was in the hands of the Chinese.

Take Singapore as an example.

Whether it is wealth, population or the ruling party, almost all of them are mainly Chinese.

In Singapore, two Li and one Qiu account for almost one-third of Singapore's total wealth.

The Qiu family and the ruling party's Li family are even more tied to the marriage between politics and business.

However, this kind of marriage relationship is based on the relationship of interests.

In fact, the two are equally jealous of each other outside of their interests.

The reasons are complex.

The Lee family's political proposition to rule Singapore is based on an anti-China political rhetoric.

It is because of this that the Lee family has gained the support of Western countries and can control Singapore's dominance.

The Qiu family, as a business giant, naturally put their interests first.

Before Singapore became independent, the two parties were involved in each other's interests. After Singapore was jealous, it was normal to establish a political and business alliance.

But one thing is clear, the center of everything is interest.

However, in the past few years, mainland China has changed all kinds of unstable factors in the chaotic era. The 20-year peace period has made the visionary people see the prospects of the mainland's future market.

Qiu Deba was a businessman. If the Qiu family was interested in the mainland market, there was no need to tie it to the Li family's chariot.

Everyone knows that no matter how well Singapore develops, it will always be a foil if it wants to compare itself with the mainland.

Under such circumstances, if the Qiu family wanted to move closer to the mainland, it would make sense for the Li family to cheat.

Regardless of political stance or interests, the Qiu family can have motives to harass the Li family.

If the shares of Temasek Mobile's Standard Chartered were lost, although it would not hurt the Li family, it would certainly be a big loss.

Not to mention the Li family's strategic plan, the actual value of Standard Chartered is also a lot of money.

This is driven by profit.

Politically.

The ruling party of the Li family has repeatedly exaggerated its rejection of China in the international media.

If we compare our hearts to our hearts, the mainland will definitely be dissatisfied with the Li family.

If the Qiu family wants to develop in the mainland, then it can undoubtedly be regarded as a political vote for the Li family to be involved in Standard Chartered.

A big country needs a face.

If the Qiu family cheated on the Li family once, and deliberately revealed to the mainland that he wanted to develop in the past, he would definitely gain the favor of the mainland.

Look, isn't your Li family opposed to us? Don't you look down on us?

Then why is your greatest ally still here with us.

Under such circumstances, the Qiu family would definitely receive some special care if they wanted to go to the mainland for development.

Kill two birds with one stone, kill two birds with one stone.

As long as the Li family is in Standard Chartered once, it will be a huge benefit to the Qiu family without any harm.

The more Li Zhanong thought about it, the more likely it was.

Otherwise, everything seems to be too coincidental, just like the story.

Boulder Capital, a little-known company.

Such a little-known company can actually spend 200 million US dollars to play a gambling agreement.

200 million US dollars is nearly 2 billion in RMB on the black market.

How many people or families in Huaguo can spend so much money.

There is also the contract text that is so professional that it can no longer be professional.

Except for the giants who have been immersed in the financial industry for decades, ordinary international capital can't think of that kind of thing.

At least, the Temasek group and even the Li family can't make a contract to the point of being impeccable.

Invulnerability to seal any dead ends.

What is even more outrageous is that the actual controller of Jushi Capital is also from Southeast Province and Ludao.

All this seems to be a problem no matter how you look at it.

Li Zhanong's eyes narrowed more and more tightly, he asked in his heart.

Could it be that this time it was really the Qiu family's trap?

This time, the representatives sent by the Qiu family are also the direct descendants of the Qiu family.

Qiu Mingkai.

The leader of the third generation of the Qiu family.

It's a pity that Qiu Mingkai doesn't know how to penetrate his heart, otherwise he will definitely be angry to the point where he will smoke.

In terms of losses, the Qiu family and the Bao family were the ones who suffered the most.

The two companies each hold a 14 percent stake in Standard Chartered.

But all of a sudden, the 14% of the shares will be turned into waste paper.

In terms of the degree of embarrassment, the Qiu family is naturally more embarrassed.

However, the Qiu family started out in the banking industry, and they still look at problems from a business perspective.

After confirming that the credit default swap could not find any loopholes, Qiu Mingkai immediately reported the inevitable result to the family.

Qiu Mingkai is not qualified to deal with all the equity of Standard Chartered.

He needs the real helm to decide what to do.

At this point, no one can do anything. The Qiu family's final decision is to report to the central bank, and hope to get help from the central bank if possible.

If the central bank is willing to take action, it may also help Standard Chartered through this crisis.

Standard Chartered Bank is a commercial bank registered in the United Kingdom.

So, the responsible central bank is the Bank of England.

That is the Bank of England.

The Qiu family was able to establish a Malaysian bank when Malaysia was still a British colony, and the relationship with the Bank of England is naturally relatively close.

Without the approval and acquiescence of the Bank of England, Qiu's Malaysian bank could not have been established and grown.

As the largest individual shareholder of Standard Chartered, after the death of the ship king, the Qiu family is naturally the most vocal among all the shareholders of Standard Chartered.

After some consideration, Qiu Mingkai called the UK.

But as a result, Qiu Mingkai was disappointed.

The Governor of the Bank of England almost died of anger when he learned that Standard Chartered was about to go bankrupt due to operational problems.

You know, Standard Chartered means that Queen Victoria personally approves it.

But now, the bank that the Queen personally approved is on the verge of bankruptcy.

This is undoubtedly a shame to the British royal family.

Governor of the Bank of England, an aristocratic gentleman with the title of Earl.

But after Qiu Mingkai reported the situation of Standard Chartered, the earl president yelled on the spot regardless of the etiquette of gentlemen and nobles.

Because Barings, one of the oldest banks in the UK, just declared bankruptcy last year.

Just over a year later, another well-known bank in British history is about to fail.

This made the governor of the Bank of England, as if witnessing the decline of the British Empire~lightnovelpub.net~ and he could do nothing.

He couldn't stop the decline of the British Empire, nor could he do anything about Standard Chartered's huge losses.

If it could, the Bank of England would not have watched Barings declare bankruptcy last year.

In the end, Qiu Mingkai had no choice but to hang up the phone.

The Bank of England dare not save the current Standard Chartered, let alone other peers.

The Qiu family cannot afford to lose billions of dollars. Even if the major shareholders join forces, they may not be able to take over the losses faced by Standard Chartered.

Who the **** knows how much money that credit default swap will cost Standard Chartered.

Qiu Mingkai reluctantly folded his hair, and he scolded.

"Damn, what kind of ghost company is this Boulder Capital!"