Chapter 538 The Golden King Li Jiuying!
The next day, early morning!
When Li Yi arrived at the company, he saw Lan Xinyi and Cai Bingyan standing at the door with serious faces, as if waiting for someone.

Seeing him coming up from the elevator, the two of them hurriedly greeted him!

"What's wrong? Something doesn't seem right about you two!" Li Yi said as he walked.

Lan Xinyi said immediately: "Boss, there have been major changes in our plan, and we may not be able to complete it!"

Li Yi frowned first, and then said, "Let's talk in my office!"

Then several people came to Li Yi's office together!

After closing the door, Li Yi asked: "What happened? Why can't our plan be completed on time?"

You must know that acquiring physical gold on the market is Li Yi's first step in dealing with the Li family. If this step cannot be completed, then the subsequent plan will not be implemented.

Therefore, Li Yi's expression was also very solemn when he spoke.

However, after listening to the reports from Lan Xinyi and Cai Bingyan, his frown slowly relaxed.

"Are you saying that the people in Hong Kong are following us to buy gold?"

"Yes, according to our investigation, it was only the Li family, the Huo family, and the He family that followed suit at the beginning. Although these families made a large amount of purchases, they did not have a great impact on us."

Then Lan Xinyi said again: "But for some reason, in the afternoon, almost the entire Hong Kong Island was rumored that the price of gold was going to skyrocket, so a large number of ordinary people poured into gold stores, frantically buying up the gold they could see. And gold jewelry!”

"There are so many people rushing to buy gold that our people can't squeeze into the store. The original plan to buy 2 tons of gold in three days may not be completed!"

While speaking, Lan Xinyi was also observing the expression on Li Yi's face.

She knew how powerful the person in front of her was. Regardless of whether it was Mr. Li from the Far East Club or the talker of the He family, Li Yi was absolutely sure of everything when it came to investment.

Now that their original plan could not be completed, she was really worried that Li Yi would go crazy.

But what she didn't expect was that Li Yi did not reprimand her, but asked lightly: "How much gold have we acquired so far?"

"One ton costs 1 million yuan!" Lan Xinyi replied.

“So how much gold is left on the market now?”

"There shouldn't be much left. According to the information I got, the Far East Club bought at least 700 kilograms, the He family 500 kilograms, and the Huo family 300 kilograms. As for the ordinary people, it is impossible to calculate, but it is conservatively estimated that the major banks will add gold The store sold at least 3 tons of gold yesterday!"

Hearing this, the corners of Li Yi's mouth rose slightly.

As far as he knows, the current gold reserves of the British Hong Kong government are only a little more than two tons.

Of course, this is only the British Hong Kong government's own gold reserves, and does not count the gold owned by other banks and gold shops.

But even if these are added, the total amount will not exceed 5 tons.

In just one day, they snapped up more than half of all the gold reserves in Hong Kong Island. His goal was almost achieved.

"Intensify efforts tomorrow and continue acquisitions!" Li Yi said.

"Yes, but."

"But what?"

"The price of gold has already risen by 12% this afternoon. If we continue our crazy purchasing tomorrow, the price may skyrocket again!"

"Don't be afraid, as long as the price of gold does not rise by more than 50%, you don't have to worry about the price!" Li Yi said.

"Yes!"

Li Yi knew that Lan Xinyi was worried that purchasing gold at such a high price might lead to an inflated price of gold. Once gold from other places poured into Hong Kong Island, the local gold market was likely to collapse instantly.

In the past, this was indeed possible, but now, there is no need to worry about this at all.

The reason is that the international situation is about to undergo major changes, and this change will greatly change the current world structure, eventually causing the price of hard currency such as gold to skyrocket!
When the price of gold around the world is soaring, who will go to great lengths to transport gold to Hong Kong Island? Selling is not selling!Li's Gold Store Headquarters!

Li Jiuying looked at the business data reported by his subordinates. Instead of being happy at all, his face was full of worry.

According to data collected from various stores, 36 kilograms of gold were sold in 876 gold stores owned by the Li family yesterday afternoon alone.

Although more than 8000 million Hong Kong dollars in cash were recovered, the company's gold reserves were less than 300 kilograms.

When it comes to other gold stores, it doesn't matter if they don't reserve gold. The worst they can do is close down when they are out of stock.

But their Li family's gold store cannot do that because their business scope, in addition to selling gold and gold jewelry, also includes part of the gold finance industry.

The most important business in their store is the "Thousands of Gold Accumulation Plan". This plan is actually very simple. As long as the public buys one cent of physical gold, they can open a gold trading account and speculate in gold according to the gold price of the day.

Based on this business, the Li family has attracted 3 million Hong Kong dollars in funds in just a few years, becoming the largest gold supplier in the entire Hong Kong Island, and Li Jiuying is also known as the gold king of Hong Kong Island.

It was also by using these funds that the Li family entered the banking industry, which greatly increased the family assets, and was eventually absorbed into the British-owned group as a member.

However, the money or the gold was just deposited by the citizens in their Li family, not their money, so this kind of business involves great risks.

I am especially afraid of rising gold prices, and even more afraid of skyrocketing prices!
Once the gold price rises too much, two situations may occur:
One is that the account holder wants to sell a large amount of gold, and the Li family faces huge financial pressure.

Another situation is that the account holder wants to withdraw physical gold, then the Li family will face pressure from gold reserves.

Therefore, when other members of the Li family and the store managers of various gold stores saw the profits brought by the skyrocketing gold price, Li Jiuying saw the crisis behind this matter.

Especially when he learned that the company that bought the most gold was the Xingchen Company of the big circle boy, he became even more worried. At the same time, he had a vague hunch that the big circle boy might be here for him.

Just as Li Jiuying was deep in thought, the phone on his desk suddenly rang!
Li Jiuying couldn't help but frowned as his train of thought was interrupted, but he patiently picked up the phone and asked at the same time: "Who is that?"

Then the voice of his right-hand man Liao Yong came from the microphone: "Boss, all branches are calling to urge the goods. They all say that there are long queues outside their stores, asking us to provide the goods quickly!"

Li Jiuying frowned and said, "Don't worry about the supply now. What has happened to the company's accumulated account funds?"

"Since yesterday, HK$1500 million has been added to the savings account. Citizens have strong confidence in gold investment!" Liao Yong said happily.

Hearing this, Li Jiuying felt a little relieved.

They are not afraid of citizens increasing investment, but what they are most afraid of is their collective selling of gold.

"How did the matter where I asked you to contact the source of gold go yesterday?"

"Don't worry, boss, I have already taken care of this matter. HSBC is willing to raise 2 tons of gold for us from Southeast Asia. The Xie family from Ao Island and the Zhou family from Wandao are also willing to sell us a total of two tons of gold bars. I plan to I’ll sign contracts with these companies in the afternoon!” Liao Yong said.

"What about the price?"

"These companies may have already known about the skyrocketing gold prices here, so the prices have been slightly higher than before. The asking price is HK$4000 per tael!"

"4000 is just 4000. Compared with what we earn, the price they increased is nothing!"

Then Li Jiuying said again: "I will deliver goods to each branch now. In addition, I will also take out the 500 kilograms of spare gold we have in the bank. You can call each branch manager later and ask them to adjust the price. Raise 15%!”

"Is such a large price increase of 15% feasible?" Liao Yong asked in shock.

"Buying the ups and downs is a common problem among gamblers. They will accept it. Take the time to convey the order!"

"it is good"

After hanging up the phone, Li Jiuying, who was in a good mood, leaned back on his chair, thinking about how much money the Li family could make this time!

Judging from the current situation, it is possible to earn 5000 million yuan at least, and if the operation is done well, it is possible to earn [-] million yuan.

But he didn't realize that he was falling into a trap carefully laid out for him step by step.
(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like