Chapter 1459 - Be Prepared

The fruitless outcome of the negotiations in September did not have much impact on Britain or the hinterland.

But for Xiangjiang, it was a huge disaster.

The panic in people's hearts broke out instantly, causing many people to no longer believe that there is a tomorrow in Xiangjiang, so they desperately tried to find a way back for themselves.

For a while, they naturally had no way to leave Xiangjiang.

Those who have property have no way to realize all their assets.

Therefore, the most direct and easiest way for them to choose is to exchange all the cash and deposits in their hands into US dollars and gold.

As long as they have these two things, then they can leave Xiangjiang by plane or boat at any time, and then have the capital to survive outside.

The reason why the US dollar is called the US dollar is because it has largely replaced the circulation function of gold, and it is more convenient to carry on the body than gold, and it can be used everywhere.

Not to mention gold, even after a hundred years, if there is any more crisis, the life-saving value of gold will never go out of style.

In September, Heung Kong did this not only for the rich and the middle class, but also for the most ordinary people.

Even if it can only be exchanged for a few hundred or a few thousand dollars, they have to hide it in their hands and buy a guarantee for themselves that is not guaranteed at all.

In this frenzied exchange of dollars and the purchase of gold, everyone does not want to have Hong Kong dollars in their hands for a moment.

So here's the problem.

Since everyone thinks that the Hong Kong dollar is useless and worthless, and they are crazy to buy dollars and gold, can this exchange rate still be maintained?

Definitely not!

Although the benchmark of the Hong Kong dollar is the US dollar, why should people have to go through an extra procedure in the middle and take your Hong Kong dollar for nothing?

Wouldn't it be nice for me to just take the dollars?

Although you say that Hong Kong dollars are exchanged in US dollars, in case the banks are closed and closed, where do we exchange US dollars?

Is there any place abroad that recognizes Hong Kong dollars?

Nope!

So it's still a lot more insurable in US dollars.

As a result, the price of the Hong Kong dollar collapsed directly.

Yin Jun doesn't remember exactly how much it plummeted, but it can make the citizens panic, and it will definitely not be less than 10%, at least more than 10%, and it is very likely to reach 15%.

15% is not less!

If you invest 100 million Hong Kong dollars, you can convert it into US dollars first, then wait until the US dollar skyrockets, and then convert it into Hong Kong dollars, and finally wait for Hong Kong dollars to enter the fixed interest rate of 7.8:1, which is another profit.

Between coming and going, that's 30% profit, that's 30 million!

In two or three months, he made 30 million yuan, which is not a small business.

Besides, what if Yin Jun invested not 100 million, but billion, 2 billion, and 3 billion?

When it comes to making money, Yin Jun will not be too little.

But how to make money must be careful, and you can't eat too ugly.

After all, what Yin Jun has always pursued is to have a good reputation like Li Chaoren and Li Zhaoji, not an unrighteous businessman like the big head Liu, who everyone shouts and beats.

Oh, speaking of the big head Liu, his Aimeigao company has already passed the review of the stock exchange and will be officially listed next month.

Aimei Gao company, but it is known as the existence of a disaster star in the stock market!

With it, the stock market in Xiangjiang can be described as full of disasters and difficulties, and Liu Datou really relied on it to make waves.

Yin Jun doesn't want to be Liu Datou, so if you want to make a huge profit from this exchange rate difference, you must plan well first, and you can't rush in.

If you are in too much of a hurry, others may not be able to see it at the time, but when the disaster passes, there will always be smart people who can see it.

In the financial world, in the newspaper and magazine industry, Yin Jun does not have too many enemies.

After they discovered this flaw, they grabbed Yin Jun and beat him violently, but it was also a very discrediting thing.

So Yin Jun started his own plan as early as last year.

He only told Le Yiling about this.

Sister Le controls the entire group, and with such a large use of funds, she must communicate with her.

Otherwise, people are doing a good job, and you are suddenly siphoned off billions or billions of funds, how do you let the company operate?

Regardless of whether you Yin Jun is the boss or not, this kind of reckless behavior will definitely only destroy the company.

Therefore, Yin Jun must discuss with Le Yiling and let Le Yiling accept his ideas before acting.

Le Yiling's confidence in Yin Jun is stronger than his own confidence in himself.

In addition, when this topic was talked about last year, the Hong Kong dollar was indeed slowly weakening, and the US dollar had been strengthening, and there was already this tendency, so Le Yiling was also optimistic about Yin Jun's strategy.

Yin Jun received a total of $3 billion in loans from HSBC, but only spent $500 million because of Nike's acquisition, and the remaining $2.5 billion was not used.

Nor does he plan to use the loan while speculating on the exchange rate.

Using loans to speculate on the exchange rate is too risky in the eyes of the outside world, and it is also a bit weird, and it is not easy to explain to Shen Bi in the future.

The loan amount I gave you to do business, you actually used it for speculation, is this like words?

Shen Bi is not an atmospheric person, and Yin Jun has no need to lose Shen Bi's friendship because of this.

Of the $2.5 billion given by Sumitomo Bank, 1.5 billion yuan was used to acquire Heung Kong Telephone, Heung Kong Electric Lamp, and a Type B land exchange interest letter, and 1 billion yuan was used to buy shares in Japan Ben Disney, leaving no penny left.

But Yin Jun still has money.

In September last year, Yin Jun pressed 500 million US dollars and 2 billion Hong Kong dollars in Heung Kong Commercial Bank.

And now, more than half a year has passed, and the liquidity in the hands of the teenager has increased significantly.

If the funds of Disneyland and United Arts Film Company are used, together, Yin Jun's cash flow will be as high as 1.7 billion US dollars.

This is still excluding all expenses such as operating expenses and interest every month, and the average monthly net profit is almost as high as 200 million US dollars, which is simply the envy of everyone.

Of course, in the past, the "Kirin Weekly" and its peripheral business had a profit of about 800 million Hong Kong dollars a month.

The main reason for the sudden increase is that the profits of movies and peripheral products in the United States have soared, especially the high advertising costs of the Disney TV channel, which have reached an unprecedented level.

Another reason for this is the popularity of Gameboy consoles.

Don't look at the fact that the Gameboy only went on sale in May, and now it's less than three months, but it has already sold 6 million units, plus the full payment received, it has reached 5 million units.

Yes.

In order to get the Gameboy as soon as possible, many dealers have now paid the full amount into the account of Kylin Games, otherwise they will not be sent out in the first batch.

11 million Gameboys were sold, and the price of 120 million US dollars was calculated, the sales reached 132 million US dollars, and the net profit exceeded 60 million US dollars.

If it weren't for the cassette not keeping up, the profit would have been even higher.

With the addition of about 700 million US dollars from the Xiangjiang Commercial Bank and more than 2.2 billion US dollars in his hand, even if he does not want a bank loan, it is more than enough to do this interest rate speculation.

Sitting in the chairman's office of the Heung Kong Commercial Bank, Yin Jun talked to Chen Youhan and Kang Xinyuan about the exchange rate.

Don't look at the stall of Xiangjiang Commercial Bank, which is not big, but Yin Jun has the most cooperation with them, and compared with HSBC, Xiangjiang Commercial Bank makes him feel more at ease.

Every month, more than half of Yin Jun's overseas income is converted into US dollars by Heung Kong Commercial Bank - the other half is done by HSBC.

"I am going to convert the US$1.7 billion in my hand, plus US$500 million in Heung Kong Commercial Bank, into Hong Kong dollars when the time comes. Yin Jun said, "If you two are interested, you can follow me to do such a deal." ”

Chen Youhan smiled bitterly when he heard this, "Ah Jun, do you know, because everyone knows that all your liquidity has been converted into US dollars, so now the US dollar is very strong, and the Hong Kong dollar has weakened...... You go out like this, I don't know how many people will frighten you!"

In Xiangjiang, unless it is in Shi Xundao Manor or Yin Jun's office, everything Yin Jun does is not a secret.

Including which woman Yin Jun went to eat with and what dishes he ate, he would be heard by the paparazzi.

Sometimes Yin Jun feels that these people are too boring.

As a result, the people are even more bored, and they watch it with relish every time, which is really speechless.

In today's financial crisis in Hong Kong, only the Kirin Group is making a large amount of dollars every day.

In the past, more than half of Yin Jun's working capital was actually converted into US dollars, because Xiangjiang did not have much money - all the materials and resources required were imported from abroad, so it was naturally more cost-effective to settle in US dollars.

But now the people of Xiangjiang are in a hurry, and they are very concerned about everything related to the economy.

Some newspapers specifically mentioned that Yin Jun's cash flow of more than 10 billion Hong Kong dollars existed, all in the form of US dollars.

This has further increased the public's concern about the Hong Kong dollar, which has been fluctuating in the exchange rate of the Hong Kong dollar in the last two or three months.

Chen Youhan and Kang Xinyuan both thought that Yin Jun was also out of consideration to avoid suspicion.

I didn't expect Yin Jun to have such a trick.

He actually wants to wait until the exchange rate between the US dollar and the Hong Kong dollar is the highest, and then convert all of them into Hong Kong dollars!?

Where did Yin Jun get the confidence to believe that the Hong Kong dollar would not collapse?

If the development of things is not what Yin Jun thinks, although the Hong Kong dollar in his hand will not become a piece of waste paper, it will definitely be a heavy loss, if it is not good, at least more than 30% of the loss will be.

30% of the loss of 2.2 billion US dollars, that is 660 million US dollars, which is close to 5 billion Hong Kong dollars!

That's a lot of money.

In just a few months, there has been such a large drop in the exchange rate market, which is really a bit sensational.

Therefore, those who do finance, three are richer and five are poorer, and the rise and fall of wealth in one day is really unbearable if it is not for people with big hearts.