Chapter 1501: Don't worry
Since the Kirin Group, HSBC and Heung Kong Commercial Bank jointly issued a statement on the exchange of Hong Kong dollars for US dollars at noon on Monday, September 26, the 50 million US dollars that Yin Jun provided to the two banks every day were all exchanged in the first time, and the time exceeded 3 hours.
Because only Yin Jun's $100 million is not limited to the exchange amount of each person.
Those who have more Hong Kong dollars in their hands, and there are hundreds of thousands or millions of dollars that they want to exchange, of course, they must be exchanged as soon as possible, so as not to be smashed in their hands.
It is worth mentioning that there is a sign in front of the exchange window specially opened for it.
The sign reads, "The future of Hong Kong is very bright, the Hong Kong dollar will return to its normal value, please cherish the Hong Kong dollar in your hand, and don't rush to exchange it." - Yin Jun"
Anyone who comes to redeem it will be able to see the sign.
But many people just shook their heads and smiled, and continued to exchange dollars.
Only a small number of people, after hesitating, reduced the amount of their own redemption a little.
Of course, it's definitely not just ordinary people and the middle class who want to redeem it.
US$100 million can now be exchanged for almost HK$1 billion.
How many middle class people in Hong Kong can convert so many Hong Kong dollars into US dollars in one day?
Not to mention that there are major banks that can be exchanged.
In fact, on the third day, Chen Youhan told Yin Jun that there were some financial companies, or investment companies, that came to exchange dollars and then sold them to ordinary people.
Because for many people, two or three thousand dollars a day is too little.
The team that lined up the dollars provided by Yin Jun couldn't get their turn at all, so they were exchanged for nothing, so they could only find scalpers to exchange some at a high price in case of accidents.
On the black market, the exchange rate of the US dollar is even more ridiculously high, reaching about 1:12.
Chen Youhan asked Yin Jun if he wanted to limit the exchange amount, not to mention the limit, 10,000 US dollars per person, it shouldn't be too harsh.
But Yin Jun said no.
He wished he had already redeemed the dollars, how could it be restricted?
Those who went to the black market to exchange belonged to looking for death by themselves, and Yin Jun had no way to save them.
As for the financial companies that exchanged large sums of dollars at high prices...... Well, to put it bluntly, it's a high-X loan company, and there will be a time for them to cry next month.
No more, as long as a company has more than 1 million US dollars in hand, then their loss will be as high as more than 25%, and the loss is about 2 million Hong Kong dollars, which is not a small amount, enough for them to feel distressed!
In the next few days, the $100 million provided by the Kirin Group was redeemed at an increasingly fast pace, causing a wave of exclamations from the media.
It was precisely because he saw that the $100 million provided by Yin Jun every day was exchanged without even making waves, and the exchange rate of the Hong Kong dollar did not stop at all, and it broke 10 directly three days later.
As a result, Kylin Satellite TV also made a special program to discuss the exchange rate policy of Xiangjiang.
Hong Kong's exchange rate policy is actually linked to the foundation of Hong Kong's port.
More than 20 years ago, Hong Kong's most talented and authoritative Financial Secretary, Mr Kwok Pak-wai, was unswervingly committed to the policy of free trade during his tenure.
What is a free trade policy?
That is, "the government will do its part in its own business, and the market will regulate the rest."
That is to say, all things related to the economy and trade should be handed over to the market itself, and the government will absolutely not interfere.
This is the policy of free trade.
Guo Bowei has been the secretary of finance in Hong Kong for a total of 10 years, so he has been implementing this policy for 10 years.
Since then, Hong Kong has gradually established a policy of opening up and liberalizing financial freedom.
Any hot money can flow in and out of the Xiangjiang anytime and anywhere, and the Xiangjiang government will not interfere.
As a result, a large amount of hot money flowed in and out, resulting in a financial boom in Hong Kong, and two decades later, Hong Kong became one of the largest financial centers in Asia.
The only place that can be compared with Hong Kong is Singapore.
Tokyo is inferior to both cities in this regard.
But as the saying goes, there are pros and cons to everything.
The liberal and liberalized policy of Hong Kong's currency has created the status of Hong Kong as a financial center, but it has also made the local currency of Hong Kong easy to be impacted.
Because other people's money, whether it's pounds, baht, Australian dollars, Japanese yen...... Wait, if you want to launder your accounts when you come to Hong Kong, then the best way is to exchange it for Hong Kong dollars, and then exchange it for other currencies through a series of means.
After a round like this, all the money became clean.
However, as a Hong Kong dollar in transit, it has taken a lot of risks, and if it is not good, people will use Hong Kong dollars to make a fuss, so as to manipulate the fluctuations of the exchange rate to make money.
The current sharp decline of the Hong Kong dollar is of course not only due to the influence of people's psychological factors, but also many financiers who are shorting the Hong Kong dollar.
Yin Jun's money, no one looks down on it, and he won't exchange it at all, but those small companies want to take the opportunity to exchange it.
They think that Yin Jun is a mantis arm as a car, but only Yin Jun knows that the real people who use the mantis arm as a car are these financial speculators.
Because this time their opponent is the Hong Kong government, which is determined to keep the Hong Kong dollar.
At the beginning, even a predator like Soros led several top investment companies in the United States and China to come to Asia to make waves, but he did not touch the Xiangjiang River for the first time.
What's with?
Heungjiang's financial strength is among the top three in these countries and regions, and it can withstand most of the risks by relying on its own strength.
Soros and they all came to Xiangjiang to fight to the death with huge funds and prestige after harvesting in Thailand, Singapore, Malaysia, South Korea and other places.
Now these financial speculators are not a little worse than the Soros Group in 97, how can they fight with the Xiangjiang government?
People are the ones who make the rules, and a change in the law can freeze tens of billions of dollars to death, and no matter how much money you have, it's useless!
……
When Yin Jun came to Le Yiling's office, Sister Le was on the phone to tell the story.
Every day, Leyiling works for more than 3 hours, and is making all kinds of calls, which can be described as very hard.
That's the workload after she handed over a lot of work to the secretariat below, otherwise Le Yiling would have worked twice as hard.
Seeing Yin Jun, she finished speaking in three or two sentences, hung up the phone and frowned.
"The Xiangjiang government doesn't mean to do anything at all, are you sure your judgment is correct?" Le Yiling said directly, "We have already exchanged 600 million US dollars! And the total amount we have prepared is only 2 billion!"
"Sister, don't worry, if the Xiangjiang government can remain indifferent, then Xiangjiang will be finished. Yin Jun said, "If they are so willing, we deserve to lose." But that doesn't hinder our bones, does it?
As long as I am given three years, I will definitely be able to smooth out the 2 billion bills. It's great that I've put a company in the U.S. on the market!"
"Forget it about going public!" Le Yiling subconsciously refused, "Kirin culture and the United States are developing by leaps and bounds, and our monthly pre-tax profit exceeds 2 billion Hong Kong dollars, as long as we persist for a few more years, a loss of 2 billion US dollars is nothing...... And you didn't lose all of it at all, right? It's just that it's exchanged for Hong Kong dollars, and the depreciation is at most 30%, right? I don't believe that Hong Kong has collapsed!?"
As he spoke, Le Yiling's tone naturally leaned towards Yin Jun's side.
She won't trust others, but she will definitely believe in Yin Jun.
Besides, all this money is earned back by Yin Jun, even if he loses most of it, as long as he has a foundation, then what else is there to shoot?
This is the same as speculating in real estate and stocks, those who lose money in a panic are usually people who have no foundation.
If they lose, they lose because they can't hold their breath, sell in advance or wait until the peak to buy.
The thicker the foundation, the more stable the person will be, so that the more he can make money in a chaotic environment and survive to the end.
The young man laughed unconsciously, "Sister, you believe me, you wait for us to get rich in October!"
"It doesn't matter if you get rich or not, but you have to reduce this speculative investment in the future, you know?" Le Yiling said with a straight face, "I like how you used to do things steadfastly, just like the Kirin culture, from comics to single books, from single books to animations, and then from animation to peripheral products, this step-by-step approach is the most suitable for us." ”
"I see. ”
Yin Jun's heart was full of emotion.
In this world, in addition to their own women, there are only three people who care about themselves the most.
Wei Xiaofan counts one, Aunt Zhang counts one, and the rest is Le Yiling in front of him.
"By the way, you're calling mysteriously, what's the matter with me?" asked Le Yiling.
"Sister, come and see this. Yin Jun took out a stack of drawings from his bag.
At first, Le Yiling thought it was a script draft, but what she saw in her hand was a picture.
I thought it might be a comic, but when I look closely, it looks like a group of buildings.
"It's ...... This exhibition hall group?" Le Yiling's vision is now very high, and he pondered the taste while looking at it, "You want to build a convention and exhibition center?...... Hey, this hotel is so special!"
Yin Jun laughed.
Of course, there are features.
Compared to the convention and exhibition center, this hotel is rated as one of the five best hotels in the world, and it is also known as one of the most expensive hotels, an absolute classic!
It's the Sands Hotel Singapore.
The name alone may not be known to many people.
But just tell people that this is the hotel that looks like a spiky and long boat on top of three hotel towers, and has the world's tallest and best outdoor infinity pool.
In addition to the open-air garden, the green promenade, and the gourmet restaurant, the most famous infinity pool is a weapon for countless Internet celebrities and petty bourgeois youths.
Even if they borrow money to swipe their cards, many people have to stay for one night, and then lie on the infinity pool to take a picture, and send it to Weibo and > teenagers to show Le Yiling, which is the design artwork of the new Xiangjiang Convention and Exhibition Center.
The exterior layout of the convention and exhibition center, Yin Jun is from memory, and it is still a bit like the shape of an ironclad turtle, although it is not as good as the Sydney Opera House, but the whole is more stable
This "turtle" lies on a protruding piece of reclaimed land, which happens to extend out of Victoria Harbour, which is very meaningful.
However, the New World Seaview Hotel and the Grand Hyatt Hotel behind it are not as good as this Golden Sands Hotel.
At the Sands Hotel in Singapore, you can enjoy a beautiful view of the city from the infinity pool.
It's an absolute pleasure to watch the pulse of the whole city in the breeze and at sunset.
Hong Kong happens to be about the same size as Singapore, so the effect is the same.
As long as it is built, even the Peninsula Hotel and the Mandarin Oriental Hotel will have to bow down.
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