Chapter 63: Xiangjiang Affairs (1)

Time flies, and it's time to end in a blink of an eye.

It's been a few months, and Wang Ziyan hasn't found who stuffed the bracelet into his pocket.

However, the relationship with Li Li is progressing rapidly.

As for the beautiful and charming sales manager, the two of them never saw each other again.

On January 20, 1997, in the final exam, Wang Ziyan took the first place in his grade, with a total score of 750, and he took the 690 test.

After the final exam, Wang Ziyan immediately drove to Huating, and he wanted to rush to Xiangjiang immediately.

One is Pengcheng's 468,750 shares of Qiongmin, which will soon be liquidated, and the other is that he plans to establish a securities company in Xiangjiang to help him deal with Xiangjiang's financial affairs in 1997 on the surface.

He recently checked the direction of the Xiangjiang Hang Seng Index and found something that gave him an extreme headache.

The Hang Seng Index has now risen to 14,000 points, almost 1,500 points higher than the same period in previous lives.

The 18 million Hang Seng Index contracts he holds in his hand will go up like this, and there will be big problems.

In the unlikely event that the Hong Kong financial crisis breaks out as scheduled, if you choose to sell, the market will not be able to pay you so much cash.

The only consequence is that the Hong Kong government goes bankrupt.

In 1996, Xiangjiang's GDP was US$159.717 billion, which was about HK$1.2 trillion.

The 18 million contracts of Wang Ziyan are calculated based on an average profit of 3,000 points, and the total profit is close to 3 trillion Hong Kong dollars.

The point is that now, his average profit point is 4,300 points, and this profit will reach 5 trillion Hong Kong dollars.

Who will pay for this money?

And if you choose not to sell, then you will die even worse, and you can't afford to lose so much cash.

If you fail to close the position in time after default, then you need to pay nearly 100,000 Hong Kong dollars per contract per day, and you will lose 180 million a day.

If the financial crisis breaks out in Xiangjiang, and the financial market in Xiangjiang is defeated like in the previous life, and you fail to close the position in time, you may pay more per contract.

Every time the point falls, you will have to pay 100,000 Hong Kong dollars for a contract, and if it falls by 500 points a day, you will only have one way to jump off the building.

If you choose to force the liquidation now, even if you can successfully close the position, Xiangjiang will collapse, and even if the Xiangjiang government does not take the knife on itself, some people will take the knife on themselves.

How much money is that?

So much money is hot to hold, isn't it?

Wang Ziyan suddenly felt a deep fear, the kind that came from the depths of his soul.

Can this kind of thing be hidden?

Apparently not.

Since you can't, you have to think about how to do it.

On the morning of January 24, Wang Ziyan arrived in Pengcheng, and he rushed to the stock exchange on the same day, choosing to sell all the stocks in his hand at the price of 20.26.

On January 22, 1997, the annual report and supplementary announcement published by Qiong Minyuan Modern Agricultural Development Co., Ltd. in the Securities Times stated that the company realized a profit of more than 570 million yuan in 1996 and increased its capital reserve by 657 million yuan this year.

After the annual report was published, the market reacted strongly, Qiongmin shares from junk stocks to investors sought after "performance stocks", just two days, Qiongmin shares doubled, from 11.55 yuan of stock price, even pulled two limits.

On January 24, the price of Qiongmin's shares soared to 20.26 yuan, and the limit was increased again.

Wang Ziyan chose to sell the stock at this time and made a profit of 9.63 million.

Then he couldn't wait for the completion of the delivery, and immediately went to Xiangjiang, and after opening a room at the Peninsula Hotel, he sent emails to various securities companies, asking them to start slowly releasing the Hang Seng Index contract that they had first gathered in their hands at a rate of 500 hands per day.

Then he called Liu Kai again and asked him to immediately establish a securities company in Xiangjiang in his own name, named Xiangjiang Ant Financial Securities Co., Ltd. ‬

He needed to collect a large amount of cash to cope with the financial wave six months later.

In the previous life, the financial crisis in Xiangjiang, known as the "Xiangjiang Financial Defense War", was a "war" without the smoke of gunpowder.

In 1997, when Hong Kong returned to China, the Asian financial crisis broke out.

From mid-July 1997 to August 1998, international financial speculators sniped at the Hong Kong dollar three times, taking simultaneous action in the foreign exchange market, the stock market and the futures index market.

They used financial futures to buy Hong Kong dollars with 3-month or 6-month Hong Kong dollar futures contracts, and then quickly shorted them, causing Hong Kong dollar interest rates to rise sharply and the Hang Seng Index to plummet.

Rising interest rates raise the cost of speculation.

The biggest difference between speculators and the past when speculators hit Hong Kong's financial market this time is that they did not engage in spot lending activities, but instead hoarded a large amount of Hong Kong dollars in advance.

These Hong Kong dollars come from a variety of sources, but one very important source is the one- to two-year Hong Kong dollar bonds issued in Hong Kong by some international financial institutions in the first half of 1998, with a total amount of about US$30 billion and an annual interest rate of 11%.

These international financial institutions swap these Hong Kong dollars against US dollars, and the Hong Kong dollars are mainly borrowed by hedge funds.

These Hong Kong dollars have become low-cost bargaining chips for hedge funds to attack Hong Kong's financial market, giving speculators favorable conditions to carry out arbitrage in the foreign exchange market.

Hedge funds, in turn, buy a large number of forward US dollars in the foreign exchange market to balance the risk. Soros's fund is said to hold a total of about $40 billion in buy contracts, with an expiration date of February 1999.

Since October 1997, international speculators have made four bids on the Hong Kong stock market, foreign exchange and futures markets, and the first three times have made huge profits. From the end of July to the beginning of August 1998, international speculators once again sniped at the Hong Kong dollar through hedge funds in an attempt to push up the interbank rate and interest rate.

Obviously, they are only superficially attacking the Hong Kong dollar, and the stock market and futures market are the real targets. Attacking the West has been a consistent means of speculation by Soros and other international speculators, and has been successful many times.

Wang Ziyan must make good use of his ability to foresee, and he needs to hoard a large amount of US dollars in the early stage to support the stability of Hong Kong dollar interest rates.

Wang Ziyan must do it, firmly lock the other party in the futures market, and the best way is to play hedging with the other party.

It's going to be a long-term process and a painstaking one.

Use the US dollar to eat the Hong Kong dollar futures in the hands of these international financial speculators, support their attacks in the stock market and futures market, and then turn the Hang Seng Index contract in their hands into cash silently.

In the afternoon, Wang Ziyan went to the Global Tower on Financial Street in Central and took the elevator to the headquarters of Ant International on the 21st floor, where Jiang Wende and Xu Qiu were waiting for him.

QQ just released version 2.0 at 12 o'clock last night, known as QQ1997 to the outside world.

The current functions of the personal version of QQ include online chat, video chat, QQ group function, and QQ circle of friends function.

This is the simplest version of QQ, using a combination of C# and database technology, a chat system software. This system provides a platform for multiple users to communicate concurrently in a timely manner, unregistered users need to register as members of the system, and registered users can log in to the chat system.

This version does not require professional computer knowledge to use, so its interface is simple and friendly, but according to the original design draft given by Wang Ziyan by combining the aesthetic views of later generations and the current fashion trends, the development team designed it simple and generous.

As for QQ's penguin image design, Wang Ziyan's draft seems too naughty, and after fine-tuning, the designer is getting closer and closer to the simple image of Tencent in his previous life.

But this is just a superficial phenomenon, judging from the expression in the QQ chat panel they gave, it was just an illusion, and the designer almost broke the little penguin.

There are a total of four sets of chat emojis, one of which is the famous emoji in the previous life, and the remaining three sets are all little penguins, one is cute, one is cheap, and one is shared by men and women. According to the inspiration of the couple avatar in Wang Ziyan's plan, and then used his imagination to design an exclusive emoji pack for this set of couple avatars.

The user of this set of couple emojis can send it to anyone, but the use of this emoji can only be unlocked and downloaded after applying for a couple avatar, and it cannot be copied and saved.

Wang Ziyan compared and looked at it, this set of emojis is similar to the hybrid version of the Ahri emoji and the little broken child emoji in his previous life, which looks cute, playful, and loving.

Wang Ziyan praised the production of this set of emojis.

As for the QQ group, there is no such setting in version 1.0.

At present, there are only 200 people and 500 people, because the QQ membership system is not currently online, so the 1000 people super group has not been released.

As for the consumption function, because there is no way to effectively solve the problem of online payment, it has not been opened.

As for the idea of online payment, because of the non-unified ownership between state-owned banks, private commercial banks and public-private joint banks, coupled with the difficulty of inter-bank settlement and review, the difficulty of realizing a unified bank payment channel is infinitely close to zero.

Because of the actions in Huating, Ant International Holdings also established an Ant (International) Construction Engineering Co., Ltd., with two companies and an architectural design institute.

When Wang Ziyan listened to this part of the report, he remembered the Tomson Yipin of the Xiangjiang Tang family in his previous life, and then completed a project plan belonging to Ant Construction Engineering within five minutes, and built two flat-story villa buildings with specimen significance in Huating.

These are two flat-story villas, 88 floors high, one ladder and one household, one household 1400 square meters, and one household and one indoor small swimming pool.

The location is chosen on the Bund, and the greening of the community is built into a Jiangnan garden, with a lot of pavilions and pavilions, even if it rains without an umbrella, you can also visit the scenery of the community.

The lower five floors are all not for sale, and clubs, clubhouses, gyms and swimming pools have been built. The underground garage is marked for one per household, and the more you pay for a private garage. The private garage can park up to fifteen cars, and the customized elevator can go up and down, except for trucks and buses, even medium buses can be parked. In this way, the private garage is still sold in limited quantities, only 9 sets, and there is no more.

How to sell such a good house? The price starts at 100,000 square meters, and you don't even need to look at a house without 100 million yuan.

As for whether anyone buys it, I don't care at all, it's empty there if no one buys it, and then decorate it.

As for the second phase of the plan, there is no such thing at all, just a few houses, and when they are sold, they will be put away if they can't be sold.

What is the significance of making this kind of house?

Mansion, this is a private mansion, and your information is guaranteed not to be leaked for our reasons. As for you being followed, that's none of our business, we can only promise not to let anyone into your house without your consent.

The community also built a large-scale original design exclusive shopping mall for you, and the clothes you like will be delivered to your home after paying, ensuring that they are genuine, and also ensuring that there is only this one you like in this world, and all other sizes will be destroyed.

This is the original brand plan that Wang Ziyan thought of, dozens of brands form a brand matrix and take the original design route. You'll never see anything repetitive in this brand's exclusive store, not even a similarity.

Wang Ziyan's plan for the Ali Mall Luxury Store channel is to promote his own luxury brands, and the luxury street in the Ali Mall also has a plan to set aside stores for these brands, and he hopes to cultivate a group of original designers and original design brands belonging to Ali.

As for whether he can do it, Wang Ziyan doesn't know, he just wants to try, and it won't cost much anyway.