Chapter 1452 Already Prepared

The failure of the negotiations in September did not have much impact on Britain or the mainland.

But for Xiangjiang, it was a huge disaster.

The panic in people's hearts broke out instantly, causing many people to no longer believe that Xiangjiang had a tomorrow, so they desperately found a way out for themselves.

For a while, they naturally couldn't leave Xiangjiang.

Those who have property cannot liquidate all their assets.

So the most direct and simple way they chose was to convert all the cash and deposits in their hands into U.S. dollars and into gold.

As long as they have these two things, they can leave Xiangjiang by plane or boat at any time, and then have the capital to survive outside.

The reason why the U.S. dollar is called the U.S. dollar is because it has largely replaced the circulation function of gold. It is more convenient to carry around than gold and can be used anywhere.

Not to mention gold. Even a hundred years from now, if there is another crisis, the life-saving value of gold will never become obsolete.

In September, Xiangjiang not only did this for the rich and middle class, but also connected the most ordinary people.

Even if it can only be exchanged for a few hundred or a few thousand dollars, they still have to hide it in their hands and buy themselves a guarantee that is not a guarantee at all.

In this crazy situation of exchanging US dollars and buying gold, everyone does not want to own the Hong Kong dollars in their hands.

Then here comes the problem.

Since everyone thinks that the Hong Kong dollar is useless and worthless, and they are crazy about buying US dollars and gold, can this exchange rate be maintained?

Definitely not!

Although the benchmark of the Hong Kong dollar is the US dollar, why do people need to go through an extra procedure in the middle to hold your Hong Kong dollars?

Wouldn't it be nice if I could just take the US dollars?

Although you say that Hong Kong dollars are all exchanged for U.S. dollars, if the bank is closed, where can we exchange U.S. dollars?

Is there any place abroad that accepts Hong Kong dollars?

No!

Therefore, U.S. dollars are still much safer.

As a result, the price of the Hong Kong dollar collapsed directly.

Yin Jun couldn't remember how much it plummeted, but it would certainly have caused panic among citizens and was included in financial history. It would have been at least more than 10%, and it was very likely to reach 15%.

15% is nothing less!

If you invest 100 million Hong Kong dollars, you can first convert it into U.S. dollars, then wait until the U.S. dollar skyrockets, then convert it into Hong Kong dollars, and finally wait for the Hong Kong dollars to enter the fixed interest rate of 7.8:1, and you will make another profit.

Over time, this is 30% of the profit, which is 30 million!

In two or three months, I made a huge profit of 30 million, which is no longer a small business.

Besides, what if Yin Jun invested not 100 million, but 1 billion, 2 billion, or 3 billion?

Yin Junke is not too tired of making money.

But how to make money, you must be careful and don't look too ugly.

After all, what Yin Jun has always pursued is to have a good reputation like Li Chaoren and Li Zhaoji, not an unjust businessman like Datou Liu who everyone calls for beating.

Oh, speaking of Datou Liu, his Aimeigao company has already passed the review of the stock exchange and will be officially listed next month.

Aimego Company is known as the disaster star of the stock market!

With it, Xiangjiang's stock market was in trouble, and Liu Datou relied on it to make trouble.

Yin Jun doesn't want to be Liu Datou, so if he wants to make huge profits from this exchange rate difference, he must plan carefully first and not rush in.

If you are too hasty, others may not be able to see it at the time, but when the disaster is over, there will always be smart people who can see it.

In the financial world and the newspaper and magazine industry, Yin Jun doesn't have too many enemies.

After they discovered this flaw, they grabbed Yin Jun and beat him violently, which was also a very damaging thing to his reputation.

So Yin Jun started his own plan as early as last year.

He only told Le Yiling about this matter.

Sister Le controls the entire group. To use such a large amount of funds, you must communicate with her.

Otherwise, if someone is doing a good job and you suddenly take away billions or billions of funds, how will you let the company operate?

Regardless of whether you, Yin Jun, are the boss or not, this kind of wanton behavior will definitely destroy the company.

Therefore, Yin Jun must discuss it carefully with Le Yiling and let Le Yiling accept his idea before taking action.

Le Yiling's confidence in Yin Jun is stronger than his own confidence in himself.

In addition, when we talked about this topic last year, the Hong Kong dollar was indeed slowly weakening and the U.S. dollar had been strengthening. This trend was already in place, so Le Yiling was also optimistic about Yin Jun's strategy.

Yin Jun obtained a total of US$3 billion in loan lines from HSBC, but only because of Nike's acquisition, which cost US$500 million, and the remaining US$2.5 billion was not used.

He also does not intend to use this loan when speculating on exchange rates.

Using loans to speculate on the exchange rate is, firstly, too risky in the eyes of the outside world. Secondly, it is a bit weird. Thirdly, it will not be easy to explain to Shen Bi in the future.

Is it ridiculous that you used the loan amount I gave you for your business to speculate?

Shen Bi is not a generous person, and there is no need for Yin Jun to lose Shen Bi's friendship because of this.

Sumitomo Bank gave us 2.5 billion U.S. dollars, 1.5 billion was used to acquire Xiangjiang Telephone, Xiangjiang Electric Lighting, and the B-type land exchange rights letter, and 1 billion was used to buy shares in Japan Disney, leaving not a penny left.

But Yin Jun is still rich.

In September last year, Yin Jun had US$500 million and HK$2 billion in Hong Kong Commercial Bank.

And now more than half a year has passed, and the liquidity in the young man's hands has increased significantly.

If the funds from American Disney and United Artists Film Company are used together, Yin Jun's cash flow will be as high as 1.7 billion US dollars.

This is after excluding all expenses such as monthly operating expenses and interest, and the average monthly net profit is almost 200 million US dollars, which is simply the envy of everyone with skin.

Of course, in the past, "Qilin Weekly" and its surrounding businesses had a profit of about HK$800 million a month.

The main reason for the sudden increase is that the profits of movies and peripheral products in the United States have soared, especially the high advertising fees of Disney TV Channel, which have reached an unprecedented level.

Another reason is that the Gameboy game console is popular.

Even though Gameboy only went on sale in May, it has been less than three months, but it has already sold 6 million units, and with the full payment received, the number has reached 5 million units.

Yes.

In order to get the Gameboy as soon as possible, many dealers have now paid the full amount into the account of Qilin Game Company, otherwise they would not be the first batch to be sent out.

11 million Gameboy units were sold, at a price of US$120 million, sales reached US$132 million, and net profit exceeded US$60 million.

If cassettes hadn't caught up, this profit would have been even higher.

In addition to the approximately 700 million U.S. dollars from Xiangjiang Commercial Bank, Yin Jun holds more than 2.2 billion U.S. dollars in his hands. Even if he does not need a bank loan, it is more than enough to speculate on interest rates this time.

Sitting in the chairman's office of Xiangjiang Commercial Bank, Yin Jun discussed the exchange rate issue with Chen Youhan and Kang Xinyuan.

Although Xiangjiang Commercial Bank's stall is not big, Yin Jun has the most cooperation with them. Compared with HSBC, Xiangjiang Commercial Bank makes him feel more at ease.

Xiangjiang Commercial Bank helps him convert more than half of Yin Jun's overseas income every month into U.S. dollars - and HSBC helps him do the other half.

"I am going to convert the 1.7 billion US dollars in hand, plus the 500 million US dollars in Hong Kong Commercial Bank, into Hong Kong dollars when the time comes." Yin Jun said, "If you two are interested, you can follow me to make such a deal. "

Chen Youhan smiled bitterly when he heard this, "Ajun, do you know that because everyone knows that all your liquidity is converted into US dollars, so now the US dollar is very strong and the Hong Kong dollar is relatively weak... You are going out like this. , I don’t know how many people will be frightened!”

In Xiangjiang, unless it is in Shi Xuandao Manor or what happens in Yin Jun's office, everything Yin Jun does is not a secret.

Including which woman Yin Jun went to have a meal with and what kind of food he ate, the paparazzi would find out.

Sometimes Yin Jun feels that these people are really boring.

As a result, the people were even more bored. They watched it with gusto every time, which really made people speechless.

In the current financial crisis in Hong Kong, only the Kirin Group is making large amounts of US dollars every day.

In the past, more than half of Yin Jun's working capital was actually converted into U.S. dollars, because Xiangjiang didn't have much to spend money on - all the materials and resources needed were imported from abroad, naturally. It is more cost-effective to settle in US dollars.

But now people in Xiangjiang are in a state of panic, and they are very concerned about everything related to the economy.

Some newspapers specifically mentioned that Yin Jun's cash flow of more than 10 billion Hong Kong dollars is all in the form of US dollars.

This has further increased people's concerns about the Hong Kong dollar. In the past two or three months, the exchange rate of the Hong Kong dollar has been fluctuating, and this element is among them.

Both Chen Youhan and Kang Xinyuan thought that Yin Jun was just trying to avoid suspicion.

I didn't expect Yin Jun to have such a trick.

He actually wants to wait until the exchange rate between US dollars and Hong Kong dollars is the highest to convert everything into Hong Kong dollars! ?

Where does Yin Jun get the confidence to believe that the Hong Kong dollar will not collapse?

If the development of things is not what Yin Jun wants, although the Hong Kong dollars in his hand will not become a piece of waste paper, it will definitely suffer heavy losses. If things go wrong, there will be at least a loss of more than 30%.

A 30% loss of US$2.2 billion is US$660 million, which is close to 5 billion Hong Kong dollars!

What a huge sum of money.

In just a few months, there has been such a sharp decline in the exchange rate market, which is really a bit sensational.

Therefore, those who work in finance will get richer from time to time and become poorer from time to time. The rise and fall of wealth within a day is really unbearable for those who are not big-hearted.