Rebirth 1983: Starting from taking back the family property.

Chapter 649 Dual Exchange Rate System

The cosmetics company was going to expand, and Ye Zhen went to the mainland to select a factory site, so she was temporarily in charge of the company's affairs. In addition, there were some matters to be dealt with by several companies under her name, and she was also very busy.

In the blink of an eye, it's November.

Lu Jiaxin did half an hour of yoga as usual after get off work. When she went downstairs and saw that Nie Zhan hadn't come back yet, she called him and asked, "You'll be home soon, right? OK, I'll wait for you to have dinner together."

Generally speaking, Nie Zhan would call her in advance if he didn't come back for dinner. But he would forget in emergencies, which had happened once before.

Ten minutes later Nie Zhan arrived home.

Seeing his serious expression, Lu Jiaxin asked, "You look so grim, what happened in the company?"

Nie Zhan didn't say anything, but held her hand and said, "Come upstairs with me, I have something to tell you."

Lu Jiaxin was a little confused. There had been no problems with the group's companies recently! But she didn't expect to hear a piece of news from Nie Zhan upstairs that SL implemented a dual exchange rate system.

Nie Zhan said: "They originally implemented a fixed exchange rate with the greenback, just like the Hong Kong dollar. In the case of SL, there are very big risks in implementing a dual exchange rate system."

Lu Jiaxin knew that there were many problems before the dissolution of SL, and that the leaders made mistakes one after another. But she didn't know how it was done, and the only thing she knew was that after the dissolution of SL, the rupee depreciated sharply.

Nie Zhan is a trader and has been speculating in financial products over the years, but he always uses his spare money unlike Lu Jiaxin who spent all her fortune in the beginning.

Seeing that Lu Jiaxin didn't say anything, Nie Zhan explained in detail: "This policy gives speculators the opportunity to speculate on international currencies such as Greencoin and British Pound, and then lure people to exchange their rubles for Greencoin and British Pound at a very high exchange rate."

On the surface, it is financial liberalization, but in reality, it has fundamentally changed the status of Greencoin. Such a big country can't see these potential huge dangers.

Lu Jiaxin thought for a moment and asked, "What do you mean?"

Nie Zhan said: "After the SL economic market is fully liberalized, many investment banks and commercial banks will enter SL, and various business institutions will quickly occupy the market in SL, and then adopt some strategies to convert state-owned assets into private assets. This is also a way to embezzle state-owned assets."

When Lu Jiaxin heard this, she couldn't help but think of the early days of reform and opening up, when many state-owned assets were converted into private assets and taken over. Alas, all crows are black.

Nie Zhan said: "You said before that SL will disintegrate within three to five years, I think it's a fantasy. But according to this trend, it is really possible."

“My instincts have never been wrong.”

Nie Zhan responded with a smile, and then said, "Jia Xin, I plan to invest in Wansheng Bank."

Lu Jiaxin understood immediately: "You want to become a shareholder of Wansheng Bank, and then go to SL to open a branch to get a piece of the pie."

Seeing him nod, Lu Jiaxin frowned and said, "Will your eldest brother agree?"

Nie Zhan was silent for a moment, then said, "Wansheng Bank has many problems. Once exposed, it may go bankrupt. If I buy shares, I will reorganize it and inject a large amount of funds into the SL market. By then, I should be able to make up for most of the deficit."

Lu Jiaxin didn't want him to clean up this mess, but it was hard to say that, after all, they had such a good relationship. She thought for a while and said, "We can use the name of Wansheng Bank to open a branch in SL, but we will hold 100% of the shares."

It was a very common investment method. It was called a branch, but it operated independently and was responsible for its own profits and losses. It just borrowed the name of the parent company to make it more convenient and less troublesome. Nie Zhan had never thought of this method.

Lu Jiaxin didn't want him to always clean up after the Nie family. He had done so much but they didn't remember it well. "Ah Zhan, the problems of Wansheng Bank are so serious. If you want to solve all these hidden dangers, you need huge financial resources."

"Even if you buy shares, your shareholding ratio cannot exceed Nie Jingwen's. We won't benefit much from this investment. In business, we take huge risks but don't get corresponding returns. You can take this loss for the sake of brotherhood, but I don't."

If Nie Zhan wanted to invest in Wansheng Bank, she would not stop him, but she would not invest a single cent.

Seeing Nie Zhan thinking, Lu Jiaxin continued, "Also, your eldest brother is a man without courage. Going to SL to open a branch is a very risky investment, and he won't agree. If we go to SL to open a branch ourselves, if our speculation is wrong, it will be our own loss, and we don't have to explain to your eldest brother and the shareholders; if the speculation comes true, we don't have to share most of the profits."

Nie Zhan was silent for a moment and then said, "Then let's do as you said. Let's use the name of Wansheng Bank to open a branch in SL. I'll go talk to Big Brother tomorrow."

Lu Jiaxin felt that Nie Jingwen was not in a hurry: "Convincing Mockridge to invest in our bank is also a way to find a backer!"

Nie Zhan nodded and said, "I will push forward the bank matter. When the time is right, we will go to SL to build a branch. But before that, we can speculate on the ruble first."

Lu Jiaxin thought for a moment and said, "I can raise 500 million green coins within three days, including the 80 million betrothal gift you gave me."

Nie Zhan doesn't have that much cash flow, and now he only has 60 million green coins on hand. In fact, whether it is a company or an individual, they will not keep too much cash flow. Goods are like wheels, and only when money keeps turning in the market can money make money. However, Lu Jiaxin is an exception. She has a lot of stocks in her hands, and she can raise a large amount of cash in a short period of time by selling them.

Nie Zhan nodded to indicate that it was enough.

After discussing this, the two went downstairs to eat. While walking, Nie Zhan mentioned Tao Yong and Yu Meitong again: "I called him and asked him, and he admitted that he was pursuing Miss Yu."

Lu Jiaxin found that he had also become gossipy: "What about Sister Meitong? Has her attitude softened, or is she still unwilling to interact with him? If Sister Meitong disagrees, you are not allowed to pester her."

Nie Zhan smiled and said, "Miss Yu had dinner with him yesterday, and they also planned to go hiking together on Sunday. It seems that they will be in a relationship soon."

Lu Jiaxin thought for a moment and asked, "Is Tao Yong pursuing Sister Meitong because he really likes her? Or does he have other purposes?"

Nie Zhan laughed and said, "He said that when he saved Yu Meitong that day and saw her drunk, he remembered his past self. After he went back home, he thought about that night from time to time. After he found that he was attracted to her, he took the initiative to ask her out. Jiaxin, Tao Yong is very serious about relationships. Since he likes Yu Meitong now, it must be because he likes her, not for any other purpose."

"Ms. Yu has 20 to 30 million in assets. Tao Yong is now a billionaire and has more assets under his name. As for resources, the Yu family has immigrated, so there is nothing to calculate."

Lu Jiaxin hummed and said, "Don't talk about this anymore. Even if they are together, I hope to know it from Sister Meitong."

Nie Zhan nodded and said with a smile: "Tao Yong's family is urging us to get married. If they are really dating, they will definitely get married before us."

"That's good too."

　I only updated twice today. I went to a meeting this morning and didn't get home until nine in the evening. I'm so sleepy now.

　　(End of this chapter)