What Zhong Yi didn't know was that Clock Stone was lying on the bed in the hotel, all he could think about was how to make a fortune from Japan's capital markets in September.

On 22 September '85, the finance ministers and central bank governors of the United States, Japan, the Federal Republic of Germany, France, and Great Britain held a meeting at the Plaza Hotel in New York and reached an agreement on the joint intervention of the governments of the five countries in the foreign exchange market to induce the US dollar to depreciate in an orderly manner against major currencies in order to solve the problem of the huge trade deficit of the United States. Because this agreement was signed at the Plaza Hotel, this agreement is also known as the "Plaza Agreement".

Most of the serious economic crises that broke out in the eighties and nineties of the 20 th century were caused by foreign exchange, such as the sterling crisis in '92, the Southeast Asian economic crisis in '97, and the ruble crisis in '99.

It is precisely with these lessons learned that the various countries on Shijie have invariably strengthened the supervision and intervention of the foreign exchange market, so that the economic crisis that broke out after entering the 21st century is no longer dominated by the currency crisis, but focuses on the systemic risk and credit system of the market.

Whether it is in the foreign exchange market dominated by the state, or the bond market dominated by credit ratings, or the stock market dominated by expected earnings and prospects, there are a lot of opportunities to make money, of course, the risk of loss also exists.

There is no winning general in the capital market, even if it is the "stock god" Warren Buffett, there are times when he looks at the loss. Therefore, it is not how you get rich that matters, but how you survive, and a stable return on investment is far more important than the fluctuations in returns. In the U.S., corporate mutual funds are invested in the stock market, buying those blue chips, making steady returns every year, and by the time the employee reaches retirement age, the pension he has accumulated in the mutual fund is enough to give him a worry-free old age.

However, if you just follow the index and harvest safely, you will not be born so many legends!

Especially in the capital market, the myth of getting rich overnight is far more attractive and worshipful than stable income!

The advent of financial derivatives has made this possible!

The so-called financial derivatives refer to financial products based on traditional financial products such as currencies, bonds, and stocks, and characterized by leveraged credit transactions. Derivatives can be divided into four types: forwards, futures, options, and swaps according to the form of products, and can be divided into stocks, interest rates, exchange rates, and commodities according to their underlying classification.

Is the derivative weishenme so lethal? For example, if someone buys a futures contract with an underlying price of $100 at a margin rate of 10%, the contract only needs $10 of the person's capital, and if the price of the contract fluctuates by 1% in the market, then its price becomes 101/99, and the change of $1 is 10% of the price change for the trader's original $10.

In the later Chinese stock market, a 10% price change meant the limit of a stock's price fluctuation in one day. In the futures market, this is only a 1% change.

Now the funds in Zhong Shi's hands are only about 3 million Hong Kong dollars, and according to the official exchange rate, there are only about 1 million yuan, and according to the black market exchange rate, even less than 1 million yuan. With this money to play with international predators, I'm afraid I don't even have the qualifications to carry shoes. Even in the financial center of Hong Kong, investing this money in the stock market is like a mud cow entering the sea, and it will not even make a wave.

Therefore, Zhongshi must use the big killer of financial derivatives to be able to accumulate wealth quickly in the short term.

Through the information collected by Liao Chengde, Zhong Shi learned that there are now yen futures and options in the United States, which undoubtedly brought his Jihua one step closer to success.

Chicago, the third largest city in the United States, has the world's largest and most diversified exchange, the Chicago Mercantile Exchange (CME), which gathers most of the yen futures trading, with each yen futures trading unit of about 125 million yen and an initial margin of about 300,000 yen, trading yen futures in January, March, April, May, July, September, October, and December.

At that time, 300,000 yen was equivalent to about 9,000 Hong Kong dollars, and according to Zhong Shi's current net worth, he could buy hundreds of yen futures, but Zhong Shi did not plan to invest all his money in them, because if this was the case, the slightest reverse movement of the yen against the dollar would cause him heavy losses.

The appreciation of the yen after the Plaza Accord was a long process, and in the following '86 and '87, the yen appreciated slowly. Nor will the Japanese government sit idly by and watch the appreciation of its currency cause great harm to its export economy.

In addition to this reason, Zhongshi is also interested in betting on two-year yen options. (option will be introduced later)

But now the question is not on the other side of the ocean, but how to go to Hong Kong in September.

In the 80s, there were two ways to go to Hong Kong, the first was naturally a formal channel, that is, to go to Hong Kong on a tourist visa; The second one is a bit shady, that is, smuggling to Hong Kong.

Although the border guards in eastern Guangdong no longer shoot stowaways, Zhong Shi denied this road without even thinking about it, and the development of the Huaxia mainland will only get better and better in the future, so there is no need to take risks at this time.

Since there will be no smuggling, then you can only go to Hong Kong in the name of tourism. However, it is not easy to travel to Hong Kong in these years, first of all, you must have relatives in Hong Kong, and then you must have foreign exchange vouchers, and then it is possible to register your name in a travel agency, which is far from being as convenient and easy as in later generations.

Of course, there is another way, which is a one-way permit. However, Zhongshi has not considered this now, after all, the one-way permit is one-way, and it is not easy to obtain. At this time, the one-way pass has become a means for some powerful people to accumulate money, but with Zhong Shi's current connections and relationships, he has not been able to reach this group of people who have made a fortune by the "dual-track system".

After two days in Nandu, Zhong Shi began to think about getting down to business.

"Little Stone, what are you doing in Nandu?"

Zhong Jianjun, who was wiping his wet hair, came out of the bathroom and saw Zhong Shi sitting on the bed in a daze, not even watching the programs on the color TV set on the bedside.

Zhong Jianjun followed Zhong Shi to several scenic spots in Nandu in the past two days, and felt very puzzled while feasting his eyes, isn't it just some flowers and plants and old houses, why are so many people coming to see it? Unlike Zhong Shi, who is very fond of watching it, Zhong Jianjun only thinks that the scenery is more beautiful, and he has seen too much.

The daytime rush made him feel a little unbearable when he was in the prime of life, and hurriedly took a shower after returning to the hotel, his biggest entertainment in the past two days was to watch the "Legend of the Condor Heroes" on TV at night, the eighty-three version of "Condor Shooting" is undoubtedly very classic, the provincial station is playing in the past two days, Zhong Jianjun watched it with relish. In his opinion, the programs on TV are much more interesting than the daytime runs.

Zhongzhuang has been electrified, but there are not many people with televisions, and they are all black and white televisions, and there are no color televisions. In the countryside of the eighties, color television sets were undoubtedly a very luxurious commodity.

After Zhong Jianjun asked, he sat on the bedside and watched TV, but he calculated the time, and it was just past eight o'clock when he came out of the shower, and the TV just started to play TV dramas. He just asked casually, and didn't mean to dig deeper.

For this son, he is getting more and more unable to see clearly, but this is good, it saves him a lot of time and energy for discipline, Zhong Jianjun still trusts the nephew who is in college, and simply lets his son and the eldest nephew together.

"Dad, let me tell you one thing, don't be too surprised after you hear it, and don't tell outsiders!"

Zhong Shi saw Zhong Jianjun lying on the bed, staring intently at the TV. He felt that it was time for his parents to know something, although it was a little unbelievable, but Zhong Shi knew that there would be more incredible things to come, and the sooner his parents knew, the better.

Liu Lan didn't come with them this time, saying that she would watch at home. No matter how Zhong Jianjun and Zhong Shi persuaded him, they had to go with her.

"Well, you say, did you get into trouble, or what's wrong?"

Zhong Jianjun lit a cigarette, took a beautiful puff, and spit out a smoke ring that he thought was elegant, and then said casually. For him, the TV show is undoubtedly more attractive than Zhong Shi's words, what is the important thing for a nine-year-old child?

"Didn't I sell that white porcelain bowl last time? I made hundreds of thousands, and then I asked the seller to buy some stocks in Hong Kong, and now I make a lot of money! ”

Zhong Shi observed Zhong Jianjun's expression as he spoke, for fear that his father would understand the reason and take back his financial rights.

But fortunately, Zhong Jianjun didn't fully understand what he said, but while watching TV, he asked casually: "Earned money?" How much money did you make? You kid can do better than me as a father! ”

"Not much, just more than a million!"

"What ......"

Zhong Jianjun was excited, the cigarette in his hand fell onto the sheet, burning a small hole in the snow-white sheet, he hurriedly picked up the cigarette and snuffed it out. After some scrambling, he came to his senses and asked in disbelief: "More than a million?" Did I hear me right? ”

Seeing Zhong Shi nodding, Zhong Jianjun jumped up from the bed and said excitedly: "Now it's okay, you can buy a color TV!" ”

Looking at his father, who was as excited as a child, Zhong Shi's face was full of helplessness. After Zhong Jianjun's excitement passed, Zhong Shi said: "Dad, in fact, if you don't say it, I also want to bring a TV back when I go home this time." However, it is estimated that I will have to bring three TVs, and this time I came to South Africa to get a tourist visa to Hong Kong. ”

"What? Hong Kong? ”

Zhong Jianjun is completely petrified now!

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