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As early as the end of June, that is, before going to the mainland to meet Deng Gong, Xu Cun asked Zheng Haiquan to convert the 2.4 billion Hong Kong dollars in liquidity of Baye Bank and the 700 million Hong Kong dollars in the working capital of Sun Hung Kai Bank, a subsidiary of Baye Bank, into US dollars for reserve -- at that time, the ratio of US dollars to Hong Kong dollars was about 1:9. Pen % fun % Pavilion www.biquge.info

Not only that, Xu Cun also converted his 2 billion Hong Kong dollars in Swiss banks and 300 million Hong Kong dollars of working capital of DreamWorks, Royal Land, DreamWorks Records, DreamWorks Brokerage, DreamWorks Cinemas and other companies into US dollars.

(The 600 million Hong Kong dollars advance payment allocated by Xu Cun to Chen Yaoqing and the 200 million Hong Kong dollars advance payment allocated to Lee Shau Kee are all rents earned by Huangtu Land and the money earned from "The True Color of Heroes" and "Royal Sister 3".)

Royal Land: The annual rent of Confederation Building, International Building, Queen's Building, Entertainment Shop, Shin Kong Building and other buildings totals HK$450 million.

"The True Color of Heroes": Hong Kong box office, 42 million Hong Kong dollars. Taiwan box office, 76 million Taiwan dollars. Nanyang box office, $11 million. Japanese box office, 3.9 billion yen. South Korean box office, $800,000. North American box office, $21 million. Central and South American and European box office, 18 million dollars.

After deducting production costs and publicity costs, "The True Color of Heroes" made a total profit of $24 million for Xu Cun.

"Royal Senior Sister 3": After deducting production costs and publicity costs, "Royal Senior Sister 3" made a profit of $29 million for Xu Cun. ）

In addition, Xu Cun is also ready to take out a loan from his most valuable property, Huangtu Land - after Zheng Haiquan helped Xu Cun evaluate all the properties of "Huangtu Land", he believes that "Huangtu Land" can borrow about 600 million US dollars, not counting the two pieces of land that have been mortgaged to the Bank of China Group, the old wing of the Miramar Hotel and the second section of Admiralty.

In addition, the Bank of China Group provided Xu Cun with an internal interest loan of US$300 million.

Xu Cun raised a total of $1.5 billion.

So why did Xu Cun raise such a large sum of money?

September 1983.

Affected by the Sino-British talks, the exchange rate of the Hong Kong dollar and the US dollar fell sharply, and the US dollar rose to 1:9.6 against the Hong Kong dollar.

The US dollar is only the official price of 9.6 against the Hong Kong dollar, which belongs to the price of no market, and the US dollar has reached 1 to 11 against the Hong Kong dollar at its highest time on the black market.

Xu Cun remembers very clearly that in mid-October this year, people from all walks of life in Hong Kong and public opinion circles strongly criticized the British and G's attempts to use the "economic card" to pressure the Chinese and G to make concessions, and the citizens held rallies and demonstrations to demand that the Hong Kong and British governments take measures to stabilize the situation as soon as possible. Under pressure, the British government announced the introduction of a permanent 7.8 to 1 linked exchange rate between the Hong Kong dollar and the US dollar, and abolished the interest tax on Hong Kong dollar deposits.

Xu Cun's purpose in raising this money was naturally to make the difference.

But-

This good opportunity for Xu Cun to only earn two or three hundred million US dollars is far from satisfying Xu Cun's huge greedy heart!

Therefore, Xu Cun is ready to use the double-edged sword of foreign exchange leverage to play big.

Today's Xu Cun is no longer the lonely man he was when he first came to Xiangjiang - now, Xu Cun has a large number of military advisors, strategists, and cadres. Among them, the most powerful are He Chaoqiong, Yuan Tianfan, Zheng Haiquan, and Mei Aifang, who Xu Cun trusts the most.

With these people working for Xu Cun, Xu Cun naturally doesn't need to worry about trivial matters anymore - as long as Xu Cun grasps the direction, someone will naturally help him do other things.

Zheng Haiquan only took one day to help Xu Cun find the bank that could provide Xu Cun with the most favorable conditions - Citibank.

The Citibank that Zheng Haiquan is looking for is not a Citibank branch in Hong Kong, but a head office at 399 Park Avenue in New York City.

Citibank is willing to provide Xu Cun with a loan of US$700 million without the Huangtu Land without the two plots of land that have been mortgaged to the Bank of China Group, the old wing of the Miramar Hotel and the second section of Admiralty.

Knowing that Xu Cun was ready to use at least one billion US dollars to make foreign exchange between the US dollar and the Hong Kong dollar, Citibank was willing to provide Xu Cun with 14 times leverage.

The maximum leverage is only fourteen times, which inevitably disappoints Xu Cun.

But-

In this regard, Xu Cunning can also understand - although the maximum leverage of the US G is 50 times and the maximum leverage of the UK G is 100 to 200 times in formal and regulated foreign exchange trading, this is only when the capital is not large. Take Xu Cun's $1.6 billion as an example: if you give Xu Cun's $1.6 billion a 100-fold leverage, it will become $160 billion. Yes, in the early eighties, how many banks were able to come up with such a large sum of money, especially in a short period of time? Moreover, the Hong Kong dollar is extremely unstable today, and God knows if the Hong Kong dollar can depreciate to the level of the yen?

Later, Xu Cun personally went to talk to Song Lihui -- because of the alliance between Baye Bank and the Bank of China Group, Song Lihui held a shareholders' meeting to discuss and gave Xu Cun a 20 times leverage, but at the same time, he set an upper limit of 500 million US dollars for Xu Cun, and the stop-loss line was set extremely conservatively.

At the beginning of September, Xu Cun, He Chaoqiong, Zheng Haiquan and a team of 74 people began to open positions in the supreme-level trading room of the Bank of China Group headquarters, and began to sweep the Hong Kong dollar at 1:9:4.

The next day, Xu Cun, Yuan Tianfan, Mei Aifang and another team of 82 people flew to New York.

On the same day, Xu Cun and others opened a position in the supreme trading room of the headquarters of Huazu Bank, and they also began to sweep the Hong Kong dollar at 1:9:4.

……

At the beginning of the second round of negotiations between China and the UK, the British and the British and the British adhered to the position of "separation of sovereignty and governance", that is, "under the principle of recognizing the sovereignty of the Chinese and the British and the British over Hong Kong, the British and the British and the British will govern the Hong Kong River in general as in the past".

On the other hand, China and G adhere to the position that sovereignty and governance are inseparable, and the so-called "sovereignty belongs to China and governance belongs to Britain" in essence negates the sovereignty of China and G, and replaces the old unequal treaty with a new unequal treaty, which is absolutely unacceptable to China and G.

As a result, the second round of negotiations quickly broke up.

Then came the third round of negotiations......

Fourth round of negotiations......

China and Britain have always been unable to negotiate sovereignty over Hong Kong.

As there was no substantive progress in the negotiations, the outlook was very uncertain, the hearts of the people in Hong Kong were fluctuating, and the exchange rate of the Hong Kong dollar and the stock market fell sharply.

In this regard, the British and British governments and the Hong Kong and British authorities not only did not take measures to stabilize the situation, but instead added fuel to the fire, seized the opportunity to play the "economic card" and exert pressure on China and G.

As a result, the ratio of the US dollar to the Hong Kong dollar quickly climbed to 1:9.6, reflecting that the foreign exchange market is selling Hong Kong dollars everywhere.

Such a situation made Xu Cun's sweep of the Hong Kong dollar surprisingly smooth, so that before the ratio of the US dollar to the Hong Kong dollar climbed to 1:9.6, Xu Cun had no funds in his hands.

After that, Xu Cun left Su Ping's team and five other six-person teams behind to protect Mei Aifang and Yuan Tianfan, while he himself returned to Xiangjiang first.

……

(To be continued.) )