Chapter Seventy-Two: A Shocking Gamble
Shen Bi is really not good at valuing Wujiang now.
Generally speaking, the market capitalization is more than 2 times the revenue.
But the profits of Wujiang are very high, and the development speed is very fast, and the potential is huge.
The valuation is low, and Zhao Ye is not satisfied.
Valuations are high, and HSBC suffers...... Well, you won't suffer a loss, after all, if you take out a loan, you will have interest.
Today, the Imagine-digital BB machine owned by Borderless is on fire.
Wujiang's annual revenue may exceed 4 billion yuan.
After thinking for a while, Shen Bi said: "The development of Wujiang Company is beyond my expectations, my valuation of Wujiang Company is 12 billion yuan, do you think you can accept it?" β
Zhao Ye still wanted to raise the price, but Shen Bi didn't agree.
"The revenue of Wujiang Company, I carefully studied it, and the reason why it has grown rapidly this year is because there are no suitable competitors for Chinese and English typewriters, digital BB machines, motherboards and other products, so they can sell well. But this does not mean that Wujiang will be able to maintain such a rapid development speed next year. As far as I know, Motorola is about to launch a digital BB machine, RB some typewriter companies are about to launch Chinese typewriters, and even your company's motherboard business will soon have competitors. β
Speaking of this, Shen Bi paused and said casually, "So, the valuation I gave to your company is actually very reasonable." β
When Zhao Ye heard this, he even felt that what the other party said made sense.
But in fact, the production cost of other companies' products is higher than that of Wujiang Company, and in the competition, it is still their own side that has an advantage.
Therefore, Zhao Ye is not afraid.
At that time, although the price will be a little cheaper, but the small profits are quick turnover, and the profits are just as considerable.
Moreover, most of the domestic government agencies will choose to purchase the products of Chinese enterprises, such as typewriters and personal computers.
With a valuation of 12 billion yuan, Zhao Ye is also satisfied. Moreover, it is not a sale of shares, no matter how the other party valuses, he will soon redeem the shares.
This time, it is only intended to pledge 10% of the shares (20% to 10%), worth 1.2 billion yuan, and at the exchange rate of 1 to 3 dollars, 400 million US dollars can be borrowed from HSBC.
In this way, $550 million could be raised.
Of this amount, $500 million is used in the foreign exchange market, using 10 times leverage.
The remaining $50 million, just in case, can be called up at any time so that the position will not be liquidated.
In the foreign exchange market, the general trend is that the dollar plummets and the yen appreciates, but in the process, there may be some fluctuations, when is it, who remembers, Zhao Ye still left enough margin in order to ensure safety.
Three months after the Plaza Accord was signed, RB appreciated by 20%.
Zhao Ye silently calculated in his heart, 500 million US dollars, using 10 leverage, that is, 5 billion US dollars, and earning 20% in three months, that is, making 1 billion US dollars.
Then pay off the $500 million loan from HSBC, and you can still earn $500 million! Of course, other expenses will be calculated separately after that.
Zhao Ye didn't think about borrowing more money from HSBC, but on the one hand, HSBC may not dare to lend so much money; On the other hand, the larger the capital, the greater the risk of entering the foreign exchange market, which may have a huge butterfly effect.
Zhao Ye just wanted to make a lot of money by taking advantage of the situation, and he didn't want an accident.
$400 million is not a lot of pressure for HSBC.
And with the earning power of Wujiang Company, there is no problem in repayment.
With bank interest alone, HSBC can make a lot of money.
Shen Bi readily agreed, and within three days, all the $400 million would be in the account.
"Taipan, I plan to buy a villa at Victoria Peak, Hong Kong, I wonder if HSBC can help me get a loan to buy it? You know, I'm probably going to Hong Kong a lot for business in the future, and if I always stay in a hotel, it's a bit inconvenient after all! After talking about the mortgage company's share loan, Zhao Ye began to play the matter of "empty-handed white wolf" loan to buy a villa.
When Shen Bi heard this, he said with a smile: "No problem, which villa do you fancie, HSBC will buy it directly and then transfer it to you!" β
"Then thank you Taipan!"
Zhao Ye raised his glass and said with a smile, "Come, let's have a toast and celebrate our happy cooperation!" β
Shen Bi nodded with a smile, raised his wine glass, and touched it with Zhao Ye: "cheers!! β
βcheersοΌοΌοΌβ
β¦β¦
The next morning, Zhao Ye followed the real estate agent to the top of Taiping Peak to see the house.
Soon he fell in love with No. 1 Taiping Peak Road, at this time, Zhao Ye suddenly remembered some news he had read on the website: No. 1 Peak Road is located in the middle of the mountain, next to the Police Museum, in 1985~1996, it used to be the residence of the famous martial arts novel writer Jin Yong.
It seems that Jin Yong has not bought No. 1 Taiping Peak Road.
"That's it!" Zhao Ye said to the intermediary.
All that remains is for Zhou Anping to negotiate the price with the agent and the landlord, and finally buy it in the name of Wujiang Company.
Soon, two days passed, and HSBC's $400 million loan arrived.
At the same time, the price of the villa was also negotiated, and after HSBC came forward, the landlord was very face-saving and gave a preferential price, 40 million Hong Kong dollars.
Zhao Ye finally has a house in Hong Kong.
Although the house is small, only a few hundred square meters, and the decoration is in the old European style, it is also unique, standing in front of the bedroom balcony overlooking the beautiful Victoria Harbour.
No. 1 Taiping Peak Road is just Zhao Ye's first villa, and when he has money in the future, he will buy "He Dong Garden".
Zhao Ye thought so, but in the end, whether he was willing to spend so much money was another matter. It is said that the big guy who bought "He Dong Garden" in his previous life spent 5.1 billion Hong Kong dollars.
If Zhao Ye had 5.1 billion, he would be able to build a large manor. Why buy "He Dong Garden", which covers an area of only more than 10,000 square meters.
Victoria Peak Road 1 has always been taken care of, and you can move in directly.
However, Zhao Ye only stayed here for two days before flying to RB.
Next, Zhao Ye began to plan the layout to go long yen.
Because the principal is too large and he has to use 10 times leverage, Zhao Ye is cautious.
Forex traders have been recruited.
He had people divide the funds into many parts, different amounts, and then slowly enter the foreign exchange market in batches.
Fortunately, the foreign exchange market is very large, and Zhao Ye's funds are scattered, which should not affect the general trend.
But at this time, suddenly a phone call came that surprised Zhao Ye.
may be due to Zhao Ye's recent fund-raising action is a bit big, which shocked the inland officials, so he called to ask Zhao Ye's intentions.
On the other side of the phone, the voice of Secretary Li of the Capital Municipal Party Committee came.
"Hello, Zhao Ye, I am Secretary Li of the Capital Municipal Party Committee."
"Hello, Secretary Li, I don't know what you are looking for me?"
"It's nothing, just ask briefly, are you short of funds? The state knows that you have recently raised a lot of money by mortgaging your shares, and if you need help, the state can actually give you a sum of money! β
"Thank you to the motherland and the leaders for their love, but I have scraped together enough funds for now. The country's money should be used where it is most needed, so I don't have to cause trouble to the country. β
"Now that you've scraped together enough money, forget it. But Zhao Ye, take the liberty of asking, what are you raising so much money for? Of course, if it's inconvenient for you to say it, you don't have to answer. β
That was probably the main purpose of the call.
Zhao Ye smiled bitterly, don't say it, it's not appropriate, but if you want to hide it, in fact, the other party may have already investigated it, and deliberately asked so, it depends on whether you are honest or dishonest, and whether you are wary of the country.
After thinking about it again, Zhao Ye still decided to tell the country about the trend of the yen after the signing of the "Plaza Accord", so that the country could also take the opportunity to make a lot of money, and organized the language in his heart, and then said: "The reason why I raised funds is because I found that the United States is signing an agreement with Western countries to intervene in the foreign exchange market and sell a large number of dollars in the international foreign exchange market, and then form a selling frenzy of market investors, resulting in a continuous and substantial depreciation of the dollar, thereby promoting the export ability of American products!" β
"You know, RB is the biggest competitor of the United States. So in this process, after the agreement is signed, the RB country will bear the brunt, therefore, the yen will inevitably appreciate sharply! β
"I'm raising money mainly to go long yen!"
At this time, the United States and Western countries had already held many talks. It was reported in the newspaper news.
US leaders have repeatedly stated in public that they want to promote new policies to promote US exports, increase employment, and stimulate the development of their own economy.
Economic experts have speculated that the United States may seek to increase its ability to export products by weakening the dollar.
Therefore, Zhao Ye's judgment is actually more in line with the current mainstream form.
However, policy matters are unpredictable, and no one can be 100% sure.
There are very few people who dare to gamble.
At this time, Zhao Ye asked: "This opportunity is rare, does the country intend to make a profit?" β
Secretary Li shook his head with a smile and said: "Forget it, the country's foreign exchange reserves are already small, and if they are lost, it will cause huge consequences." β
Zhao Ye sighed: "That's a pity! β
thought that this was the end of the matter, but Secretary Li suddenly said: "Although the state will not enter the scene in person, it can support you with some funds!" β
"Secretary Li, what do you mean by this?" Zhao Ye was stunned and asked.
Secretary Li smiled: "It means that the state can lend you money to do this kind of thing, before calling, I have been authorized to lend you up to 200 million US dollars, do you want it?" β
Once the company wins the bet, it can make a lot of money, which is excellent for the company and even the country.
Even if you lose, you can afford to lose.
The main thing is that the $200 million is lent to Wujiang Company, which has to be repaid, and the country actually has nothing to lose.
Wujiang Company has earned more than 200 million US dollars for China, and this 200 million is also considered generous to others.
After listening to the other party's words at this moment, Zhao Ye felt more and more that the other party was "premeditated", and it seemed that he had already figured out his actions and deliberately sent money to himself.
"And what about the $200 million?" Zhao Ye pondered for a moment, gritted his teeth, his eyes were firm, and he thought, "Why don't you want the money sent to the door?" β
After figuring it out, Zhao Ye immediately said to Secretary Li: "Secretary Li, I want this money!! β
"Okay, then I'll have the money transferred to your account as soon as possible!"
"Okay, then thank you Secretary Li!"
"Haha, you're welcome. However, when speculating on foreign exchange, you should be careful to avoid accidents. β
"Okay, Secretary Li, I will."
End the conversation.
Zhao Ye's face couldn't help but show a touch of joy.
After the $200 million arrives, through 10 times leverage, you can earn $400 million in a few months.
Of course, the expenses during the period are calculated separately.
β¦β¦
On September 12, all funds were deployed.
The next thing is to wait.
Waiting is painful.
As time passed, Zhao Ye's heart became more and more nervous, and he paid attention to the dynamics of the United States every day.
If the butterfly effect causes the United States not to sign the "Plaza Accord" this year, then he will lose a lot now.
"Boss, good news, representatives of officials from France, Germany, Great Britain and RB have left for the United States, and it seems that the matter is coming to an end!" Liu Yinyin said excitedly.
She couldn't help but sweat for Zhao Ye, 700 million US dollars were invested in the foreign exchange market, and 10 times leverage was used, which was a shocking gamble.
When Zhao Ye heard such news, he breathed a sigh of relief in his heart.
"Continue to pay attention to this incident, and report to me as soon as there is a situation!"
"Yes, boss!"
At this time, all major media in the outside world were reporting on the meeting of the Five Congresses.
On September 22, the United States, France, Germany, the United Kingdom and RB signed an agreement at the Plaza Hotel in New York City, and the news was released that caused a global sensation.
One of the "Plaza Accords" was an agreement aimed at manipulating the exchange rate by devaluing the dollar against the yen and the German mark, correcting the trade imbalance between the United States and Germany and the United States and Japan, so as to reduce the growing trade deficit of the United States.
Soon, the news also reached Zhao Ye's ears as soon as possible.
βYesοΌοΌοΌβ Zhao Ye shouted, his face couldn't hide his excitement, and he shook his fist fiercely.
Everyone present couldn't help cheering loudly, and the traders, secretaries, and even the mature and steady bodyguards were also excited.
"During this time, everyone's spirit and will are tense, and everyone has worked hard, and now we can finally have a good rest!"
Zhao Ye immediately announced that the company would fund the next trip and everyone would travel to RB's fun places.
β¦β¦
Three months later, the yen is up 20%.
Of course, Zhao Ye didn't have that much time to stay at RB.
Therefore, he arranged for his henchmen to watch here, and then he prepared to return to China.
At the same time, he plans to bring back one hundred and forty game developers, some from China and some from RB.
On the RB side, the game department has been recruiting people, even if Zhao Ye takes away one hundred and forty people, there are still seventy or eighty people here.
RB Borderless Game Development Department will be mainly responsible for the Bloody Series of games in the future.
The development of new games is all on the Chinese side.
On the one hand, it is confidential, and on the other hand, it is to build the entire IP game industry chain, promote the development of China's cultural industry, and export culture to the outside world.
Whether it's "Dragon Quest", "The Legend of Zelda", "Final Fantasy", "Pokemon", or "Contra", "Red Fortress", and "Saloman", some Chinese elements will be added appropriately.
At the same time, the adaptation of the cartoon will also take place at the same time.
The Shanghai Fine Arts Film Studio should not decline like it did in its previous life.
PS: Today is an update of four chapters.,I paid back what I owed yesterday.,Everyone can vote if you have a vote.