Chapter 1453 Failure Is Not Terrible
Seeing that Yin Jun didn't respond to his words, Chen Youhan hesitated.
But at the next moment, he decided to speak out his considerations.
Because he and Yin Jun were not outsiders, since Yin Jun donated 5.5 billion to help Xiangjiang Commercial Bank, he regarded Yin Jun as his life and death friend.
Since we are in a relationship between life and death, we cannot turn a blind eye when we see the danger involved.
"Ajun, have you ever thought that your influence is so great, once you convert everything into Hong Kong dollars, how many people will follow you?" Chen Youhan said: "If the market is not as you imagined, Instead of holding on and fighting back, the Hong Kong dollar has continued to fall. How much will people lose in assets? What a big blow to your image?"
Yin Jun smiled and nodded when he heard this, "Thank you, Uncle Han, for reminding me. I will plan it carefully. When converting it into Hong Kong dollars, I will make it clear to them carefully and let them bear the risk themselves."
"But……"
Now that he had said it, Chen Youhan continued directly: "You are now an invincible genius in people's hearts! No matter how you explain it, they will follow you. It's okay if your judgment is correct, but if you are wrong, With their heavy losses, they won’t care if you mentioned the risks in advance, they will only blame you for your inability!”
After a pause, Chen Youhan said word by word: "In this case, your undefeated myth will be shattered!"
The young man burst into laughter, "Then let it be shattered. I'm not a god. How can I be victorious all my life? As for whether they hate me or not, it doesn't actually matter. I'm not dollars or gold. Why?" Maybe everyone loves me?”
Listening to these words and feeling the ease in Yin Jun's words and expression, Chen Youhan nodded slightly.
He may not be the best in business, but he is first-class in understanding people and observing things. This is a bit like his father Chen Bicheng's style.
Chen Youhan understood that Yin Jun was not pretending to be free and easy, but really didn't care.
As long as Yin Jun sheds this heavy burden of "only winning but not losing", then he will be truly invincible.
Many people are often trapped in a trap by things they have set up for their entire lives. They cannot get out of it all their lives. They spend all their energy to maintain this setting, but there is no breakthrough.
Yin Jun definitely became famous at a young age, and within three to five years he reached a peak that no one else could achieve in a lifetime.
If Yin Jun is afraid of losing and failing, then Yin Jun will definitely not be able to improve in the future.
Although relying on previous accumulation and strong inertia, Yin Jun will definitely become the richest man in Hong Kong and even Asia, but he will definitely not be able to aspire to the throne of the world's first player, nor will he have great achievements.
You know, now it's not just Chen Youhan, almost all Xiangjiang people and all Chinese businessmen regard Yin Jun as the one who can break the situation.
They all hope that Yin Jun can become the best in the world, overwhelm the geniuses in Europe, America, Japan and South Korea, and show off the glory of China.
In the past two hundred years, China has gradually declined from the most advanced and prosperous country that leads the world to a weak and backward country that is bullied. Which Chinese people are willing to do so?
Now, after a lot of effort, a genius like Yin Jun has emerged. Why don't they place their hopes on Yin Jun?
Even Mr. Huo, who has been in power all his life, thinks so.
He wanted to watch Yin Jun walk up to the throne step by step.
In this era, if China wants to become the number one in the world again, I am afraid that it will not be possible within a few decades or one or two hundred years.
But if the richest man in the world can be born, and he can hold the position firmly for decades, sweeping away the prestige of Westerners, it will definitely be a great encouragement to the confidence of the entire country and all Chinese people.
"We in the United States have the most powerful Wall Street financial team."
“The richest man in the world is ours.”
"We in Japan have the best system and hard-working workers in the world."
“The richest man in the world is ours.”
"Germany's industrial level ranks first in the world."
“The richest man in the world is ours.”
"..."
Comparing it with others in this way is a bit confusing and a bit crooked.
But no one can deny that having an undisputed number one in the world is so emboldening.
But is it that easy to become the number one in the world?
No. 1 in any industry will never succeed easily.
Ma Yun took more than a dozen people in his own home, inciting them to suffer for several years with just one mouth. When they couldn't even guarantee their basic salary, could ordinary people persevere?
Gang Leader Qiao was kicked out of the company he founded. He had been wandering around outside for so many years and suffered ridicule. Did he give up at all?
On the other hand, Yahoo's Yang Zhiyuan, who had everything going smoothly, was at the top when he debuted. Yahoo's market value continued to rise, eventually reaching hundreds of billions of dollars.
Then after the dot-com bubble burst around 2000, Yahoo was on bad luck. Without the support of 20% of Alibaba's shares, Yahoo's final market value would have been more than 20 billion U.S. dollars at best, less than one-tenth of what it was at its peak. .
What did Yang Zhiyuan do during this period?
He didn't do anything beneficial at all. Instead, he made frequent mistakes and was eventually kicked out by the board of directors, ending up in a miserable state.
Chen Youhan didn't know the case of Yang Zhiyuan, but there have been many cases of geniuses dying young throughout the ages, and Fang Zhongyong is a very obvious example.
He was afraid that Yin Jun would become the second Fang Zhongyong, but now that Yin Jun was facing possible failure so calmly, he really felt that Yin Jun's future achievements would definitely be much higher than now.
With this understanding, Chen Youhan kept silent.
Even if Yin Jun fails this time, even if he loses billions of Hong Kong dollars, as long as Yin Jun maintains his unyielding mentality, it will definitely not be a traumatic thing for Yin Jun.
Then, Kang Xinyuan couldn't help but ask, "Master Jun, do you dare to bet Hong Kong dollars? Do you have any inside information... Huajing..."
Kang Xinyuan didn't finish what he said, but the meaning was very obvious.
Chen Youhan's eyes also lit up, thinking why didn't I think of this?
If Hua Jing had given Yin Jun information and Yin Jun knew that the fourth round of negotiations was about to begin, there would be considerable progress, then the panic atmosphere in Hong Kong would be alleviated, and the Hong Kong dollar would naturally not collapse and might even rebound. .
"No." Yin Jun shook his head without thinking, "How could I get involved in this kind of thing? Besides, there is no reason for Huajing to give in. When it comes to this kind of issue, is it right? There may be some roundabout means.”
Kang Xinyuan nodded slowly.
Indeed.
If anyone dares to let go in this regard, he will be scolded a hundred years from now.
Since Huajing will definitely be tough, then the situation in Xiangjiang will definitely not be better.
So Yin Jun really acted based on his own judgment this time.
If this is the case, Kang Xinyuan's confidence in Yin Jun is not that strong either.
However, Chen Youhan thought about it for a while and said: "Ajun, we don't have much money now, but this time if you are very confident, we can spend 1 billion Hong Kong dollars and follow the operation, but it is okay."
Kang Xinyuan moved his mouth, trying to persuade Chen Youhan, but when he thought of Yin Jun's 5.5 billion Hong Kong dollars deposited in Xiangjiang Commercial Bank, he immediately stopped talking.
Just think of it as repaying Yin Jun!
Even if it suffered a loss of HK$200-300 million, with Yin Jun's support behind it, Hong Kong Commercial Bank would not be seriously damaged.
Yin Jun took in the expressions of the two of them and smiled brightly.
Chen Youhan is not stingy, but Xiangjiang Commercial Bank only has so much money.
If it is used too much, it may damage the hearts of depositors who have finally settled down.
In fact, Yin Jun didn't care about the amount of money.
Whatever you earn or earn less belongs to Xiangjiang Commercial Bank, not Yin Jun's profit.
"Then we have made an agreement. When the time is right, I will take action." Yin Jun said calmly, "Uncle Han, you also need to make some preparations in advance. In the next month or two, I'm afraid you want to exchange them for U.S. dollars. There will be more and more people.”
"I know."
Chen Youhan sighed, "If everyone's confidence hadn't been restored recently, I'm afraid our money would be tight again!"
Yin Jun shook his head and said, "What I'm worried about is not this, but what should I do if I don't have enough U.S. dollars in hand and the bank is unwilling to exchange U.S. dollars with you?"
"How is that possible!?" Kang Xinyuan was dumbfounded. "They issued the Hong Kong dollars. If we exchange them back for US dollars, can we still give them?"
"Isn't it okay for them to maintain currency security?" Yin Jun asked.
Chen Youhan and Kang Xinyuan's expressions suddenly became ugly.
All the Hong Kong dollars in the commercial banks in Hong Kong belong to depositors, and they don’t have much funds in their hands.
Compared with commercial banks in China, even the three major note-issuing banks in Hong Kong are very cautious about currency. The non-existent currency of Hong Kong dollars is the three major note-issuing banks in Hong Kong in a certain proportion. The Financial Secretary must pay US dollars before being allowed to issue Hong Kong dollars.
This is to ensure that if there is any problem, Hong Kong dollars can eventually be converted into US dollars by the public, and it is also a measure to increase the value of Hong Kong dollars.
But if everyone converts Hong Kong dollars into US dollars, the value of this currency will be completely gone and it will be just a pile of waste paper.
In every bank, there are not only Hong Kong dollar deposits, but also many US dollar deposits and Japanese yen deposits, which are strong currencies.
If Hong Kong dollars are constantly being exchanged for U.S. dollars, commercial banks can only choose to sell the U.S. dollars, and then continue to exchange U.S. dollars with the three major note-issuing banks.
But if Hong Kong dollars can be converted into U.S. dollars without any restrictions, the three major note-issuing banks, including HSBC, will definitely be unable to bear it.
None of them will sit back and die.
Therefore, historically, their first move was to firmly limit the amount of U.S. dollars exchanged per person per day.
Then when people's panic could no longer be stopped, it was Xiangjiang's Financial Secretary's turn to step forward.
Utilize the official power and credibility to directly announce the fixed exchange rate between the Hong Kong dollar and the US dollar and reject all exchange rate fluctuations, thereby protecting the value of the Hong Kong dollar.
As long as the exchange rate between the Hong Kong dollar and the US dollar never changes, then people will naturally stop worrying about the value of the Hong Kong dollar.
At least ordinary savers will no longer panic.
As long as they are stabilized, the bank will also be stabilized - it will always be these small citizens who save!
But before the three major note-issuing banks and the Financial Secretary took action, commercial banks must have had a very difficult time.
Many who were not strong were directly overwhelmed by this wave.
Yin Jun didn't want Xiangjiang Commercial Bank to suddenly find impact, so he told them about this possibility in advance.
As long as they realize the seriousness of not having US dollars and exchange the US dollars in advance to cope with the panic of the people, there will not be any problems.
After all, the difficulty is only for a while. Once you get through it, the rain will pass and the sky will clear up!
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