"Dollars? What does Chen Sheng mean that the Hong Kong dollar will fall against the US dollar in the future? Huo Jianning immediately understood what the boss meant.

A long time ago, Hong Kong's Hong Kong dollar exchange rate was anchored to the British pound, but after World War II, the British Empire gradually declined, and the pound exchange rate became very unstable, which seriously affected Hong Kong's economy, and then the Hong Kong dollar was anchored to the US dollar, which was 4.5:1 for a long time.

But with the passage of time, the blow of the two oil crises to the global economy, the Hong Kong government in order to stimulate the economy, gradually control the exchange rate to break through 5, this is also to restore exports, after all, when housing prices rise sharply, workers' wages are also rising, which is a devastating blow to Hong Kong industry, which relies heavily on the export of cheap industrial products, and can only stimulate exports by lowering the exchange rate.

"Yes, and you also know what will happen soon, I am not very optimistic about the exchange rate of the Hong Kong dollar in the short term, we can't change this kind of thing, let's make sure that we don't lose ourselves." Chen Zhiwen nodded and said.

After September, the real estate crisis and economic crisis broke out, a large number of wealthy and middle-class people intended to emigrate, and wanted to convert the Hong Kong dollar into US dollars, the Hong Kong dollar exchange rate will be challenged unprecedentedly, at the lowest point, the Hong Kong dollar will fall to 9.6:1, compared to the current exchange rate is almost doubled, and even some Hong Kong stores do not accept Hong Kong dollars.

In this environment, all banks in Hong Kong have been run, much more serious than the crisis of Hisense Bank a few days ago, and finally the Hong Kong government issued an executive order to impose legal restrictions on foreign exchange exchanges, which alleviated the problem, but still could not solve the fundamentals, and the foreign exchange reserves of the Hong Kong government were almost emptied up.

Although I also have a lot of dollars in my hands,But Hisense Bank,If you absorb more deposits,Convert it into dollars and do nothing,You can make a lot of money,This can also be said to be the basic capital for Hisense's international expansion in the future。

"Then do we need to convert the Hong Kong dollar in our hands into US dollars?" Zhou Jiayang on the side asked.

"You don't have a lot of Hong Kong dollars, right?" Chen Zhiwen asked. Hutchison had invested a lot of money in his gold futures, and the money and part of the profits were returned to Hutchison, because some of these funds were foreign debts, but they were also in US dollars when they were repaid, and at that time Hutchison began to invest internationally, and there were no good investment projects in Hong Kong in the mid-80s.

"In the past two years, although Hong Kong's real estate market is not very good, but in general, land prices are still high, we have a lot of our own land development properties, these add up, and now we have made more than a billion dollars, plus standing cash flow, almost more than 2 billion Hong Kong dollars." Zhou Jiayang said.

"That's okay, you can also exchange some dollars, we may attract attention for such a large-scale exchange, so don't be too obvious." Chen Zhiwen nodded and said that today's Hutchison has much less land reserves than a few years ago, and the main reason is that it has been cashed out on a large scale in recent years. However, Wharf is much worse, although there is also a lot of land, but the prime location has not been developed for the time being, and the poor location has been developed a lot later, and after making a little money, it is still necessary to repay the debt for the Harbour City project.

"Okay, we'll take care of it." Zhou Jiayang said.

Chen Zhiwen nodded, and then said: "In addition to the US dollar, you also know what the purpose of lending to the land is?" ”

"Hongkong Land, a big fat meat, as long as it is a Chinese-funded consortium in Hong Kong, wants to go up and take a bite, but they are too cunning, using Jardine Land to control each other and lock each other's controlling stakes, so they can't start." Huo Jianning smiled and said: "But this way, just like when Cao Cao tied all the boats together, it is naturally stronger under normal times, but if there is a problem with one boat, the other will also be dragged into the water." ”

"Yes, that's my purpose, as long as Hongkong Land's debt is high enough, then Jardine Land will only die together." Chen Zhiwen said with a light smile.

Last year, he encouraged the Hong Kong government to auction the land king in advance, so that the transaction price of this land changed from 4.755 billion Hong Kong dollars to 7.3 billion Hong Kong dollars, just this trick, so that Hongkong Land has nearly 3 billion Hong Kong dollars more debts than the original history, but because HK Electric has long been acquired by itself, Hongkong Land has one less acquisition target, which is almost 3 billion Hong Kong dollars, and this positive and negative is almost offset.

However, in the acquisition war of Wharf, Bao Yugang and Hongkong Huohuo merged for a long time in the original history, and finally when Bao Yugang was acquired at a high price, Landmark Jardine Matheson also took advantage of the high price to cash out a lot of funds.

In the past year or so, Hongkong Land's strategy has been the same as in its previous history, with large-scale acquisitions of land, properties, or other large companies to increase its scale, seemingly intending to compare the scale with Chan's company.

Chen Zhiwen probably estimated that the current debt ratio of Hongkong Land should be higher than the original history, but even next year's real estate crisis did not defeat Hongkong Land and Jardine Matheson in the original history, so he still needs to "send some money" to Hongkong Land.

"Indeed, if there is really a big problem in the real estate market, and Hongkong Land's situation has reached the point where it used to be Hutchison, then any mutual control tricks are useless, and it will pull Jardine into the water." Huo Jianning nodded and said.

"If you secretly send a message or a wish to the senior management of Jardine Land, then I can do it." Zhou Jiayang said suddenly.

Huo Jianning asked: "What does Zhou Sheng mean, is there someone with you on the upper level of Hongkong Land?" ”

"It's not my person, it's not, this kind of high-level person generally doesn't be a commercial spy, but there are still good relationships, if it's just to send a message to Niu Bijian, Bao Fuda and others at the right time, it's no problem, it's not illegal." Zhou Jiayang said with a smile.

To become the top management of Hong Kong's top consortium, just the direct annual salary, I am afraid that it is millions of Hong Kong dollars, and the gray income is more, this kind of person is difficult to be bought, unless his side pays a huge price, but after all, everyone is a big consortium, even if it is tens of millions of Hong Kong dollars, it may not be nothing, but the problem is that this is openly illegal, involving the transfer of large funds, it is easy to leave a handle, if it really provokes the Independent Commission Against Corruption, it will be too troublesome, not that it can't be done, but it is not worth it.

However, if you don't buy the core secrets of the other party's business, it's just some ordinary movements, and then use them to judge the other party's investment intentions, etc., these are normal, and any company in the world plays like this, and secretly passing on information is insignificant.

"Okay, I'll leave this matter to you, and I'll release the news, saying that Hisense Bank has a lot of money in its hands, intending to find customers with stable properties or stocks as collateral, and Hongkong Land is desperately expanding, and it needs funds urgently, so it should be tempting." Chen Zhiwen nodded and said.

Although his assets have far exceeded Hongkong Land, this kind of large company with a market value of nearly 20 billion Hong Kong dollars (10 billion after the real estate crisis) wants to forcibly acquire, the price is too great, even if Hongkong Land has more than a dozen buildings in Central, it is not very worthwhile, therefore, he must dig enough pits for Hongkong Land in the early stage, anyway, he knows the future trend of real estate and the stock market, and it is enough to seize the opportunity.

"Okay, I'll arrange it later." Zhou Jiayang nodded and said.

After 5 days:

In most parts of Hong Kong, newsstands sell the latest newspapers.

"Hisense Bank officially announced that if the person who took the deposit returns to renew the deposit, he can regain part of the interest on the previous deposit."

The title of a financial page has attracted a lot of attention.

"Kid dad, do you see this?" In a slum in Sha Tin, a middle-aged woman of about 40 years old rushed into her rented house with a newspaper.

"What's wrong?" The middle-aged man who was called looked at his wife, then looked at the newspaper in his hand, and asked, "You bought a newspaper?" ”

"No, I asked for it from someone else." The middle-aged woman said that although the newspaper is cheap, only a dime a copy, but for their family, they still basically don't buy it, after all, it's not food, there is no need to spend this money, many people will throw away the newspaper after reading the newspaper, they can read it the same, but they can't do it as they like.

"What's the matter?" The middle-aged man asked.

"Look here,Hisense Bank announced,People who withdrew money before,As long as the money is deposited back,Then part of the interest can be returned,I took a look,We withdrew 18,000 yuan at the time,Half of the interest can be returned。 The middle-aged woman said.

"Half? That's quite a bit of that, too. The middle-aged man immediately stood up, because he was setting up a night stall in Hong Kong, so when he heard that there was a problem with Hisense Bank, he immediately went to line up and withdrew his deposit.

I was still very happy, but I didn't expect that soon Hisense Bank was acquired by Mr. Chen Zhiwen, the richest man in Hong Kong, and then it returned to normal, which made him sad for a long time, the interest rate has been very high in recent years, he has saved for more than 3 years, and the interest is more than 3000, which is equivalent to the income of their husband and wife for three months. Now I can return half of it, which is already a bonus.

"Let's go, hurry up and save money, and I thought, since the richest man Mr. Chen Zhiwen has bought Hisense Bank, then there should be no other problems with Hisense Bank, otherwise, we will also take out the money from several other small banks and deposit it, right?" The middle-aged woman said again.

Everyone knows that it is safer to put money in a big bank, but the interest rate is low, and the interest rate is much higher in a small bank, in this case, many people go to a small bank in order to make a little more money, of course, Hisense Bank, in fact, it is not small.

"Okay, more than ten years ago, too many banks in Hong Kong were run on during that time, and my former boss went bankrupt at that time, and now I feel that the run is going to happen again." The middle-aged man nodded in agreement.

Some media in Hong Kong,During this time, I also paid attention to,At the door of each branch of Hisense Bank,There are many more people,But it's not a run to withdraw money,And then save money,After a few random interviews,I found that there are about 4 percent of people,It's a new user of Hisense Bank,They come to save money,The first is because Hisense was acquired by the richest man in Hong Kong,Security,And the interest is still higher than HSBC and Hang Seng Standard Chartered,The second is that now old depositors save money again,You can also get back part of the previous interest,This is for people who save money, Very favorable, even for people who have never saved money here before.

Connaught Building:

Standing on the top floor of the building, looking down at the street below, like ants, he had this emperor-like feeling since the completion of the Recreation Building, which became the first floor in Hong Kong, until Wharf was forcibly bought and slapped him and Jardine Matheson, which made him very angry at the beginning.

However, when the scale of Chen Zhiwen's industry is getting bigger and bigger, so big that the entire Jardine Matheson Group seems to be a little incomparable, he feels that the forced acquisition of Wharf is not a serious slap in the face, anyway, in Hong Kong, there are more companies that were forcibly acquired by Chen Zhiwen.

No, Hong Kong's third largest local bank, Ocean Trust Bank, was acquired, although this time it was not a forced acquisition, but the collapse of Hisense Bank so quickly always made him feel that there was something wrong, but he had no evidence.

There was a knock on the door, and Bao Fuda walked in directly.

"What's the matter?" Niu Bijian asked.

"The Hong Kong government rejected our application to extend the development of Exchange Square, and they demanded that we need to start construction within one year, complete the first phase within three years, and complete all the projects in five years according to the agreement signed at the beginning, otherwise we will be charged 0.01% of the liquidated damages every day." Bao Fuda said with a little pale.

"0.01% per day? HK$730,000 a day? Why don't they go and grab the money? Niu Bijian's face darkened after hearing this, 730,000 is not much for Jardine, but who can stand the liquidated damages of 730,000 per day.

Exchange Building, which was the king of the land that Hongkong Land bought at the Hong Kong government auction for 7.3 billion yuan last year, was originally in high spirits and wanted to rely on this land to further consolidate Hongkong Land's position in Hong Kong.

But Hong Kong's real estate market, then carried out a phased adjustment, the land price in Central has fallen by 20% to 30%, the same is true of the land king, when they were able to win this land, in fact, they did not have so much money, but relied on the first transaction with the Hong Kong government after the auction, won the right to use the land, and then mortgaged the loan to pay the land price, but because the land price fell, to find the Japan and Southeast Asian United Bank that had been negotiated and asked to increase the collateral, as a last resort, Hongkong Land also met their requirements, But it also affected Hongkong Land's cost of credit.

And this year, because of a suitable time, Hongkong Land acquired Hong Kong Telephone, and jointly purchased a large number of new land and properties with consortia such as Jianing and Hang Lung, resulting in the entire company's capital chain, which is no longer sufficient.

However, the house leak happened to rain overnight, and when the Hong Kong government won the land of the king of land, it also signed a land development time.

"The Hong Kong government's performance in auctioning land this year is very poor, and the fiscal revenue must have been affected, and now many real estate developers who originally thought that housing prices would rise in the future like us, may also take a wait-and-see attitude when they see that we do not develop the trading building, and the Hong Kong government insists on us to develop, which is estimated to be one of the reasons." Bao Fuda said.

"Can we still find a bank to give us credit?" Niu Bijian asked.

"HSBC, Standard Chartered, and Dongya all rejected us, and Dongya said that appropriate cooperation is okay, but there is too much money involved in the development of Exchange Square." Bao Fuda said.

"The future of Hong Kong will be the pearl of the British Empire, and it will also become the financial capital of Asia, and the housing prices will be absolutely unlimited in the future." Niu Bijian frowned and said, his concept is deep-rooted, but other banks really don't believe them, and there is no way to do it without giving loans.

"Still." Bao Fuda paused and said: "There is an inside information from Hisense Bank, they have a lot of funds in their hands, and they are interested in cooperating with large consortia in Hong Kong. ”

(End of chapter)