For the surging foreign exchange rate, Tianyu Bank does not refuse to come, and they have enough foreign exchange to deal with the exchanger.

At the business office in Central, there is a long queue here, and most of the financial investment institutions in Hong Kong are headquartered in Central, so they naturally give priority to come here to handle business.

Xia Fengxing, vice president of Tianyu Financial Group and chairman of Tianyu Bank, personally came to the Central store to understand the situation here.

After seeing the current situation, Xia Fengxing instructed the manager of the Central store to immediately arrange more windows that mainly deal with foreign exchange to reduce the pressure on the current windows.

At the same time, arrange security personnel to maintain order and ensure the safety of customers, today will be the busiest day for business, after today, the pressure on Tianyu Bank will be reduced.

Now the more customers come, the better, so that the bank will make more profits, once the government introduces relevant policies, the Hong Kong dollar exchange rate rises, they can get a profit in this difference, and at the same time, in this exchange, their bank also charges fees.

Xia Fengxing knows very well that the current exchange rate cannot be maintained for a few days, so he hopes to be able to exchange as much as possible, and every time he converts a little more, Tianyu Bank will be able to make a little more profit.

You must know that their current exchanges, and the profits after the exchange rate recovers need to be given to the major groups first.

Now that the major groups have now converted the US dollar into Hong Kong dollars at the current exchange rate, their banks must find a way to do as much exchange as possible if they want to make more profits, otherwise they will only earn a little commission.

Although Xia Fengxing hopes that the foreign exchange of the major groups will not move, and wait for the government policy to be introduced, their banks will be able to make more profits in it.

It is a pity that none of the presidents and chief financial officers of these groups felt that they belonged to the Li consortium and gave up their interests in this regard, and let Tianyu Bank increase its performance in vain.

After Li Guangyu announced the dismissal of the meeting, the financial directors of the major groups all approached Zhou Xiaoning and asked Tianyu Bank to convert all the foreign exchange in their group accounts into US dollars.

For the request of these financial directors, Zhou Xiaoning has no way to refuse, their bank can only agree to this matter, the request of these group financial directors is normal, this matter is to Li Guangyu, their bank must also exchange for the major groups.

You must know that their bank used the foreign exchange on the accounts of these groups in the early stage to ensure that several major banks can cope with the foreign exchange run crisis, and Tianyu Bank will face a problem of exchange rate loss, and the loan of 10 billion US dollars is in place, if the business is too small, in this operation, the final income of their Tianyu Bank may not be as good as these groups.

In particular, Wheelock and Hengyu Supermarket Group, which were converted into US dollars at the exchange rate of 5.2, are now converted back to Hong Kong dollars at the exchange rate of 8.5, and the exchange rate difference between them has reached 3.3.

It was 10.4 billion Hong Kong dollars at the beginning, and now it has become 17 billion Hong Kong dollars, and their bank will have a handling fee of more than 130 million Hong Kong dollars for these two conversions.

Each of these two groups will have a profit of more than HK$6 billion, which is far more than the market value of most of the listed groups in Hong Kong.

Of course, this is in Hong Kong dollars. In US dollars, at the current exchange rate, the two groups are losing money, and the loss is the fees charged by their banks.

Their money was equivalent to $2 billion, but now after two conversions, it is less than $2 billion.

However, Xia Fengxing knows that once the government's policy of stabilizing the exchange rate is introduced, even if these groups settle in US dollars, they will gain a lot, so that their profits will increase by a large margin this year.

Especially to the Wheelock Group, they mainly invested in Xiangjiang this year, and the funds were used in Xiangjiang, and the decline in the Hong Kong dollar exchange rate did not have much impact on them.

These days, the exchange rate of the Hong Kong dollar is falling, and the property market price has not only risen instead of the Hong Kong dollar, but has entered a new round of plunge, and the Wheelock Group has been able to acquire more properties with this fund.

Hengyu Supermarket Group is the same, they are in Xiangjiang, whether it is Hengyu Supermarket or 7-11 convenience store are rented, this time they will also buy back these stores, and the profit in the exchange rate this time can not only help their group to win the property of all stores in Xiangjiang, even if the loss of this material run can still be profitable.

However, Xia Fengxing was not depressed, they had gained a lot of fees during this time, and the major groups under the Li consortium alone had created nearly 600 million Hong Kong dollars in income for them.

This is also because they belong to the Li consortium, and these groups charge 0.5% of the handling fee, and the handling fee for external exchange is 1%~2% according to the amount of exchange.

As long as half of the bank's dollar foreign exchange can be exchanged this time, their bank will be able to obtain a very good return, and the highest profit at that time is still their Tianyu Bank.

Now Tianyu Bank counts the 10 billion US dollars of loans, and their US dollar foreign exchange reserves have reached 14.2 billion, which has exceeded the foreign exchange reserves of many countries in Southeast Asia.

At 6 p.m., Li Guangyu listened to Xia Fengxing's briefing on the foreign exchange situation of Tianyu Bank in his office.

Xia Fengxing said: "Li Sheng, today because of the first day of our relaxation of exchange restrictions, so the business volume is very huge, especially some financial investment institutions, brought us a very large business volume, among which several business outlets in Central and Kowloon have the largest business volume, just now our financial more business points have reported the foreign exchange situation by telephone to each business point for statistics, today Hong Kong dollars exchanged 2.6 billion US dollars. ”

Li Guangyu was quite surprised by such an amount, he did not expect that the major investment institutions in Xiangjiang still had so many Hong Kong dollars in their hands, and it seems that these investment companies are estimated to be investing in foreign exchange.

Li Guangyu asked: "Did these exchangers open accounts directly in our bank today or transferred them to other banks?"

"This time, the vast majority of customers have been transferred to other banks, mainly banks in Treasure Island, Japan and Southeast Asia, and these investment companies are probably inextricably linked to these banks, and some of them are even subsidiaries of these banks. ”

Xia Fengxing knows very well that many of these investment companies have banks and backers behind them, and carry out financial investment activities in Xiangjiang, after the arrival of the exchange rate crisis, due to some initial restrictions of several major banks, they cannot quickly convert the Hong Kong dollars in their accounts into other foreign currencies.

Taking advantage of the continuous decline of the Hong Kong dollar, many citizens are anxious to exchange for foreign exchange, and exchange foreign exchange at a lower exchange rate at the people of Xiangjiang, and then exchange it at Tianyu Bank.

In this way, the large exchange fee will be lower, and they will be able to earn the difference in price.

Li Guangyu said: "Now your bank should pay more attention, the exchange should be the most on the first day, and it may be reduced tomorrow, and we must prevent several major banks from taking this opportunity to run on our bank, they have a huge amount of Hong Kong dollars in their hands." ”

"Li Sheng, we will carefully review the information of the exchanger to prevent this from happening, and at the same time, we will do a good job of risk monitoring. ”

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