Hello, I'm He Yuzhu

Chapter 176 Hong Kong Dollar Depreciation

Chapter 176
LH Clothing soon opened several more stores in the capital.

Spring clothing has been launched, and it has attracted the attention of countless young people. Although a jacket costs them a month's salary, young people's love for beauty and comparisons make them willing to pay for it.

He Yuzhu got the news in advance that the Economic Reform Commission would send a men's badminton team to participate in the final of the 12th International Badminton Team Championships held in London, England.

He Yuzhu gave the design drawings to the garment factory in the special zone, and asked Huaihua to rush to produce a batch of sportswear. He wanted to donate sportswear to the athletes, and at the same time subsidize the athletes' entire expenses.

This is an opportunity for LH clothing to show its face in front of the people of the whole country, and He Yuzhu must seize it tightly.

The Economic Reform Commission accepted his kindness and was very excited to present a pennant to LH. After He Yuzhu gave the sportswear with the LH logo to the athletes, he even took a group photo with these people.

At the same time, he said that even for those athletes who do not participate in the competition, he will also sponsor sportswear, and send it to everyone after the manufacturer finishes production.

Such a good thing that kills two birds with one stone, He Yuzhu will not be stingy with a little money, let alone how much does a hundred or so sets of sportswear cost?

He Yuzhu came to the clothing city of LH headquarters and handed the film to Lili.

"Lily, you print out the photos, and make them as big as you can, then frame them and hang them in our shop."

Lily put her arms around his arm, raised her small head and promised, "Don't worry, I will definitely hang the photos all over our stores."

He Yuzhu felt Lily's poached eggs, a little unnaturally.

He is not a fool, but he has a big heart, and he can feel the admiration in Lily's eyes and the friendship for him, but he has always regarded Lily as a child.

After explaining to Lily, He Yuzhu fled.

Looking at He Yuzhu who fled in despair, Lily covered her small mouth and snickered.

Originally, Lili wanted to report to He Yuzhu that the Erdao dealers in the capital had come to the clothing city to wholesale clothing again, but He Yuzhu ran too fast and didn't have time to say it.

5 month 21 day.

He Yuzhu was going to be romantic this day. He made western food by himself, prepared a candlelight dinner and invited the two ladies to taste it.

After the three sat down, He Yuzhu brought things to the table one after another, and he found that the second daughter was actually watching the news.

An important piece of information is being broadcast in the news, along with a set of pictures.

On May 1982, 5, the men's badminton team won the Thomas Cup for the first time by defeating the Indonesian team in the final of the 21th International Badminton Team Championships held in London, England.

They all saw it in this group of photos. The high-spirited athletes also saw the LH sportswear on them.

The two girls are both smart people, and they can think of the benefits that his operation has brought to LH Clothing.

One is more than 40, the other is more than three, and the two are still like little girls, looking at him adoringly, which once again satisfies the vanity of a middle-aged man.

That night, He Yuzhu told Sophora to produce a batch of sportswear of the same style in various colors. If it couldn't work, he would continue to recruit workers and add another production workshop.

It is conceivable that once sportswear is on the market, it will definitely rekindle people's enthusiasm for buying.

On June 6, Lou Xiaoe received an invitation from Xiangjiang to go back to attend the Governor's banquet.

Lou Xiao'e took advantage of this opportunity to get in touch with the bankers for the next business plan.

After Lou Xiaoe returned to Xiangjiang, the first contact was HSBC, and she had a secret interview with Shen Bi. Under the situation of the devaluation of the Hong Kong dollar, Shen Bi was willing to lend a loan amount of 20 billion Hong Kong dollars to the Lou family at a low interest rate.

With Shen Bi's guarantee, Lou Xiao'e never contacted other bankers.

The time soon came to September, and Thatcher, the Iron Lady, fell down... "Xiao'e, you are going back to Xiangjiang for a period of time this time!"

"Zhuzi, won't you come with me?"

He Yuzhu shook his head: "I won't go, there must be one of us looking after the house in the Mainland."

"Remember, don't buy real estate with great fanfare after you go back, but do it secretly. If you don't keep it all, there will be other people who want to take advantage of this time to make a fortune. The most indispensable thing in this world is smart people and adventurers."

"Let's start with the British nationals first. I think there will definitely be people who want to sell their property and leave Xiangjiang. The price can be lowered as low as possible. The property will be fully loaned, and then sublet it out. We will use the loan to support the house!"

"Pay more attention to shops, or entire office buildings, shopping malls, ordinary apartments..."

Lou Xiao'e recorded the things He Yuzhu explained one by one with a pen and paper.

After Lou Xiaoe returned to Hong Kong, Shen Bi fulfilled his promise, and Lou Xiaoe's bank account injected 20 billion Hong Kong dollars.

Lou Xiaoe is no stranger to buying real estate. She started her career in real estate. For this acquisition and for future real estate management, Lou Xiaoe established a property company.

They secretly recruited troops and started the acquisition operation.

The villas in Repulse Bay, mid-mountain villas, and hilltop villas, Lou Xiao'e bought more than a dozen sets at extremely low prices.

The office buildings and shopping malls in various commercial districts such as Central have received Lou Xiao'e's attention.

The money is being spent like water, and the acquisition is still in progress, because it is all purchased with a loan, and the 20 billion funds are not so easy to spend.

In 82, I spent a lot of property acquisitions. The Hong Kong dollar became more and more outrageous, and the value continued to depreciate. The people of Xiangjiang have already begun to panic.

Many have declared bankruptcy.

He Yuzhu's final task for Lou Xiao'e is to complete the acquisition before the end of the year. We can't wait until the Hong Kong dollar bottoms out after the end of the year, when no one is willing to sell the property.

Lou Xiaoe also ordered the people below to speed up the acquisition. After the 20 billion funds in the account were spent, Lou Xiaoe still did not move the funds in the US dollar account according to He Yuzhu's instructions.

If the US dollar account is used, it will attract the attention of HSBC and even put pressure on it. After all, she can bring out 20 billion Hong Kong dollars from HSBC unsecured because there are hundreds of millions of US dollars lying in her US dollar account.

Lou Xiaoe can only use the factories in the mainland, even the shares of Jianguo Hotel, as well as the properties of Xiangjiang and other banks to mortgage loans.

In the end, Lou Xiao'e didn't know how many properties she had acquired, and the time soon came to the end of the year.

Lou Xiao'e will not be able to bring her family and children back to the mainland this year. She will stay in Xiangjiang to organize the property under her name. There are too many houses, so at least she must know what she is doing.

He Yuzhu was also concerned about Xiangjiang's situation in the mainland. Only he, Ran Qiuye, and He Jian's family spent New Year's Eve.

In 83, just after the new year, the Hong Kong dollar was getting closer and closer to the critical line of 7.85, and there was a run on Hong Kong.

At this time, He Yuzhu finally left for Xiangjiang.

After arriving in Xiangjiang, He Yuzhu followed Lou Xiaoe to meet Shen Bi and proposed to use his US dollar account.

Despite Shen Bi's reluctance, he still has to meet the needs of customers.

He Yuzhu wants to exchange U.S. dollars for Hong Kong dollars. Now the market is that one U.S. dollar can be exchanged for ten Hong Kong dollars, or even more. He is waiting for this moment to prevent Lou Xiao'e from using the U.S. dollar account.

He not only wants to eat meat in real estate, but also takes advantage of the exchange rate.

He knew that the British would not watch the Hong Kong dollar continue to depreciate, because the bottom line had already been touched.

Exchange US dollars for Hong Kong dollars to make a fortune, wait until the Hong Kong dollar exchange rate stabilizes, and then use Hong Kong dollars to repay HSBC and other bank loans. The huge profits in the middle are beyond words.

A strange scene appeared in front of the HSBC building. He Yuzhu led people and began to exchange US dollars for Hong Kong dollars.

(End of this chapter)

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