Chapter 608
As soon as Zhang Xu's words fell, there was an uproar in the conference room.
Once a bank run occurs, if the bank fails to survive, it will be a dead end, and even if it survives this time, it will be greatly damaged if it does not die immediately.
Although Gringotts' precious metal currency itself has a much higher value preservation function than paper money, if Gringotts goes out of business, those gold coins will no longer circulate as money, but only as precious metals, and the loss will be significant.
Zhang Xu raised his hands and pressed them down, so that everyone could calm down. He continued: "Just this morning, the Galleon has depreciated by 10% against the major European currencies such as the British pound and the US dollar, and if you were to convert it into the British pound and the US dollar today at the Gringotts exchange rate, we would lose a lot. ”
"In order to reduce everyone's losses, I decided to reclaim all the currency issued by Gringotts in your hands in RMB at the initial exchange rate. Of course, I won't be able to come up with the cash for a while, so I use my stake in the Ambrera pharmaceutical factory at home as collateral to promise to pay it off before the Chinese New Year next year, at a monthly interest rate of 4.5% higher than that of the National Bank. ”
When they heard that Zhang Xu was going to mortgage the shares of his family's pharmaceutical factory, the bosses looked at Zhang Xu's parents in unison. The couple who had been reminded by Zhang Xu in advance nodded to everyone, indicating that he had the final say in this matter.
The bosses present were not stupid, and they had just seen the British flocking to buy bags and safes, and they had already believed that there was a sudden run on Gringotts. Now the sales and deposits in their hands are a lot of money, and in the face of such an emergency, it would be good to be able to stop the loss in time, and it would be thankful that they could maintain their value. At this time, a Zhang Xu jumped out to take over, and everyone was still happy.
"Boss Zhang, I have a question." Boss Huang, who has a good relationship with Zhang Xu because he has a common language, raised his hand and asked, "Everyone is talking business, is there any benefit to you?" Are you learning? ”
"Since Boss Huang has asked questions sincerely, then I will tell you truthfully that I still have a lot of friends who can speak in this land." Zhang Xu pointed to the ceiling with his finger, "After this money is concentrated, I can ensure my final income through medium and long-term investment." But you will be returning to China next month, and if you focus on making medium and long-term investments in this unfamiliar place, you will face many problems, so it is better to stop losses and maintain value and earn a little interest from me. ”
After thinking and discussing for a few minutes, the bosses present all agreed to Zhang Xu's suggestion. During their time in the UK, they have seen the current chaos in this part of the UK. It's okay to do business, but it's too risky to invest, and this kind of thing is better for people like Zhang Xu who have roots here. Some things are best when they see a good deal, since Boss Zhang is willing to take over this plate, why not do it?
So everyone immediately took action, counting the gold, silver and copper coins in their hands, Zhang Xu printed a stack of standard contracts with a computer in the office next to him, and he called Dobby at the same time and asked Dobby to arrange a few house-elf employees to help.
More than ten minutes later, an elderly boss jokingly said that the conference room had become a place where the landlord used to pay rent.
The house-elf on the side helped to count the three kinds of coins, and after the amount was checked and approved by both parties, they filled in the numbers, signed, stamped and fingerprinted on the form contract on the spot. When the money is collected to a certain extent, it will be transported by other house-elves to the place designated by Zhang Xu for storage.
After being busy for a while, everyone exchanged all the money except for a little change silver and copper coins to Zhang Xu.
The total number of statistics in the end surprised Zhang Xu, compared with the money he exchanged to the merchants at the beginning, the amount of money recovered now is a little blushing. And that's not counting the merchants from other European countries who returned home last night for the holidays.
After collecting the contract, Zhang Xu immediately rushed to London.
In the City of London, the door of a conference room that was extremely ordinary in this place was pushed open, and Zhang Xu, who was in a hurry, walked in and handed a piece of paper with a string of numbers written on it to the people waiting for him in the conference room.
If a wizard who knew everyone in the room walked into this room, his jaw dropped in surprise at the strange combination in front of him. But if you think about it, it's not impossible for these people to get together.
The man sitting on the throne was the only Muggle in the room, the father of Michael Owen, a Hogwarts Eagle student, and Mr. Owen, who had worked in finance in the City for many years. Zhang Xu was the introducer who showed the wizarding world to their family for the first time. He represents the interests of several investment institutions in the City.
Beside him, the young man with red hair was Bill Weasley. He has cooperated with Zhang Xu in business for many years, and the whole family has a close relationship with Zhang Xu. At the moment, he holds the coffers of wizarding families of the Order of the Phoenix, such as the Weasleys, the Potters, the Blacks, and the Longbottoms.
The old man who sat on the other side of Bill, who didn't give him a good look after Zhang Xu came in, was Mr. Tepesh Scarlett who had returned to England after many years of absence. Mr. Scarlett, who has now broken the jar, lost his anger after sinking Zhang once to the bottom of the sea, and he didn't care what his eldest daughter loved. He is now the face of a group of wizarding families who fled to Hong Kong more than 20 years ago to escape Voldemort's black hands.
And beside him was Mrs. Delacour, who had been smiling and looking at Zhang Xu. There are some things that Mr. Delacour, as an official of the French Ministry of Magic, is not easy to come forward, so she is in charge of the money bags of Meiwa's relatives.
On the other side of Mr. Owen sat Narcissa Malfoy, the wife of the Minister of the Ministry of Magic in London. Under the persuasion of Lao Ma, a group of veteran British wizard capital families have taken out money to join the feast of digging the corners of Gringotts. Coupled with Garon, who had mortgaged the Ministry of Magic building from Gringotts, she had the most money in her hands of all the people here.
Sitting with her was Mrs. Petyr, who had made the last shift for the Petyr family. This time, in the name of her family, she raised a large amount of money among various families in India to join the operation. When she made a lot of money for the Petyr family this time, she and her daughters settled with the Petyr family.
Next to Mrs. Patil sat an old man who was meticulously dressed, it was Horatio Rodney, who had several relationships with Zhang Xu. He was the last to join the group, but he was one of the white gloves that represented Galeries Lafayette.
The young man sitting at the very end of this row was Cedric Diggory, assistant to the Hogsmeade Minister of Magic. The Ministry of Northern Magic was the least expensive of the group in this operation, and they had to keep it a secret. So Scrimgeour threw Cedric over, trying to use his relationship with Zhang Xu to make money while not letting his side's interests be swallowed too much by his teammates.
Zhang Xu plays the role of a mediator and communicator in this growing team formed in late summer and early autumn this year. Whenever there is a conflict or disagreement within the team, he is like eating the fruit of face, allowing everyone to sit down and communicate slowly, and then solve the problem.
This member of the team from /*English Channel*/Cross-Strait/*British, French, Chinese, India*/ four places, the strength of all the teams digging Gringotts corners in the current world can barely enter the first camp, which is still thanks to their mortgage of the British Ministry of Magic buildings to get a huge sum of money.
After the figures brought by Zhang Xu circled among the crowd, everyone was more confident in the next negotiations with Gringotts.
Since Voldemort chose to attack Gringotts headquarters directly tonight, the team that had direct access to Gringotts headquarters quickly changed course of action, first pulling out of the foreign exchange market, and after creating a sudden run, taking advantage of Gringotts' need for a large amount of cash to replenish cash flow.
As the headquarters of Gringotts, Gringotts London has real estate in its possession of real estate around the world, which is the essence of the entire Gringotts system.
If this ticket is bought and sold well, the long-term gains will be much more lucrative than what you will get from the foreign exchange market in the next six months.
Moreover, the hidden risks contained in the subsequent changes in the financial system of the wizarding world are too great, and seizing the last moment to convert the funds on hand into real estate is a bad choice to reduce the risk.
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