Video Game Empire
Chapter 328: The big play of Jiahua Bank
"The Federation of Hong Kong Industries held a special meeting yesterday to discuss the impact of the current severe situation on Hong Kong's industry. ↑ Small, after the meeting, Mr. Han Peng, the new chairman of the Federation of Trade Unions, called on all Hong Kong citizens to exercise restraint and calm in an interview with reporters from this station. At the same time, he also said that on behalf of all the members of the Federation of Hong Kong Industries, he would go to the Governor's Office to make a face-to-face petition to Governor Youde.
Chairman Han said that the recent sharp fluctuations in the exchange rate have seriously affected the normal order of import and export trade in Hong Kong, and also caused a huge blow to Hong Kong's industry. The Federation of Trade Unions hopes that the Hong Kong government can take effective measures as soon as possible to maintain the stability of the Hong Kong dollar exchange rate and provide guarantee for the healthy development of Hong Kong's industry!
In addition, according to the latest news received by this station, Mr. Li Xuan, the founder of Dongfang Electronics, who has just been the richest man in the world, arrived in Hong Kong by his own private plane in an emergency at noon. And in the evening, after returning to Hong Kong for less than half a day, the "God of Fortune Lee" drove to the Governor's Mansion on Upper Albert Road in Central! "
This was reported on Asia Television's "Evening News" program.
Li Xuan did have dinner with His Excellency Governor Youde that night. In the communication after the dinner, Li Xuan also euphemistically expressed his and the Oriental Group's concerns about the chaotic situation facing Hong Kong. Governor Youde also told Li Xuan that the Hong Kong government is "actively formulating" a new currency stabilization plan to ensure that Hong Kong's financial order is restored to stability as soon as possible and restore the capital market's confidence in the Hong Kong dollar.
Downing Street originally wanted to force the Chinese mainland government to make concessions on the Hong Kong issue by inciting Hong Kong's economic crisis and sending a jade-like gesture. But I did not expect that Beijing-Beijing would not be moved at all, and only strongly condemned the irresponsible behavior of the British side through public opinion.
And the British government really dare not allow Hong Kong's economy to really collapse, because Hong Kong is still under British rule. If there is a real economic crisis in Hong Kong. Not only will the British government face a huge loss in its international image, but British capital's investment in Hong Kong will also suffer huge losses.
Therefore, the exchange rate of the Hong Kong dollar fell sharply to 9.6 per US dollar. Youde, the Hong Kong governor, is also under enormous pressure. Once the exchange rate falls below the important psychological threshold of 10 US dollars, the market's confidence in the Hong Kong dollar may really collapse completely. At that time, the Hong Kong dollar may really be reduced to waste paper.
"Oriental Group, as a responsible Hong Kong enterprise, is willing to contribute its own strength within the framework of the Hong Kong government's rescue plan!" This was Li Xuan's promise to Youde that night.
This promise was transformed into an announcement published by Jiahua Bank in major newspapers in Hong Kong early the next morning. Mr. Li Xuan, the major shareholder of Jiahua Bank, made a deposit of US$100 million in Jiahua Bank in his own name. From now on, Jiahua Bank allows depositors to convert their deposits in Jiahua accounts into US dollars and deposit them into foreign currency accounts. Mr. Li Xuan also said that if necessary, he can make additional dollar deposits at any time, up to a maximum of 1 billion US dollars.
One billion US dollars can be converted into 9.5 billion Hong Kong dollars at yesterday's exchange rate. Li Xuan was almost telling Jiahua's depositors. You need not worry. If you don't have confidence in Hong Kong dollars, I can bet with you and eat all the Hong Kong dollars you keep in Jiahua Bank.
Li Xuan felt that someone was tickling him, so he opened his hazy eyes from his sleep, and what caught his eye was a beautiful and beautiful face. Guan Zhilin was lying on top of him, holding a strand of blue silk in her hand, rubbing it naughty on his face.
Li Xuan likes long hair, whether it is Zhong Chuhong, Li Zhi, or Guan Zhilin. He especially liked to play with their jet-black hair in private. But at this moment, Li Xuan was not very interested in the curly fragrance, and he wanted to swallow the cute person in front of him directly.
So Li Xuan turned over gently and pressed Guan Zhilin under him. His big hands have gently lifted the silk nightdress on the beauty. The nightdress that Guan Zhilin was wearing was quickly pulled up to her waist. A dark clump of sedge was exposed under the navel.
And she also twisted her body very cooperatively, so that Li Xuan completely removed the only thin shaming she was wearing three times and threw it on the bedside.
Guan Zhilin is like a beauty snake. He actively hooked his legs around the man's waist and opened the pink arms that were hidden in front of his chest. Wrapped around the back of Li Xuan's neck. On the pair of towering jade hills on his chest, two cherry-red buds were shown sincerely in front of Li Xuan's eyes. Li Xuan couldn't help his blood flow. In the shyness of the beauty, she began to gallop freely on this smooth ketone body.
After a while of cloud and rain, Guan Zhilin's snow-white skin as white as suet jade still had a bit of blush after she was happy. Li Xuan leaned comfortably on the head of the bed, took Guan Zhilin in his arms, and kept playing with the pair of swaying peppers and milk on her chest with both hands, savoring the aftertaste after the orgasm.
When they were in the United States before, Li Xuan and Zhong Chuhong took care of the children in their wombs and were very careful every time they had sex. But Li Xuan's biological age was only 23 years old, and it was when he was at his most vigorous, and he endured extremely hard days without knowing the taste of meat.
In fact, Li Xuan had already released Guan Zhilin twice last night, but when he woke up this morning, he still did a morning exercise in a spirit of dragon and tiger.
After Li Xuan came out of Wenrou Township, he did not go to the headquarters of the Oriental Group, but to the headquarters of Jiahua Bank in Central. On the surface, his emergency return was due to the turbulent situation in Hong Kong, and he deliberately returned at this critical moment to stabilize the military. In order to express his concerns about the current situation in Hong Kong, he made a special trip to the Governor's Palace yesterday.
But in fact, these are superficial work. The root cause of the current situation in Hong Kong is, to put it bluntly, the fight between China and the UK. Li Xuan does not think he has the ability to influence the political struggle between the two great powers.
Previously, as the chairman of the Federation of Hong Kong Industries, Han Peng convened all the directors to hold an emergency discussion meeting. And on the day after Li Xuan returned to Hong Kong, he went to the Governor's Palace to meet with His Excellency the Governor. These series of actions are actually aimed at winning the hearts of the people and establishing a responsible and socially responsible corporate image for Dongfang Electronics.
In fact, Li Xuan had already foreseen this Hong Kong dollar crisis, and the entire Oriental Group had already started preparations a few months ago. Before the crisis emerged, the companies in the Orient Group had already converted their cash into US dollar assets in advance, except for a small amount of liquidity.
And in the past few days. The exchange rate of the Hong Kong dollar against the US dollar fell rapidly from 1 to 7.6 to 1 to 9.6 in an avalanche trend. After the Hong Kong dollar exchange rate broke 9. The Eastern Group began to secretly sell the dollars it had bought before. Especially on September 24, when the exchange rate of the Hong Kong dollar fell to a minimum of 1 to 9.6 yuan. Orient Group quietly dumped $800 million in cash in one day.
But in the state of the whole market frantically buying dollars, the dollars thrown by the Oriental Group did not make much waves at all. Han Peng is also a person who has experienced all kinds of storms and waves, but facing the empty Hong Kong dollar market in Hong Kong's financial market, he can't help but feel a little uneasy.
You must know that in order to make a profit from the Hong Kong dollar crisis this time, Li Xuan almost suppressed the cash flow of the entire Oriental Group. If the Hong Kong dollar really collapses, the Oriental Group is bound to be hit hard. It was precisely because Han Peng felt worried that he called Li Xuan, who was far away in New York.
And Li Xuan also made a decisive decision and flew back to Hong Kong immediately. As a reborn person, he naturally knows clearly. The Hong Kong government cannot allow the Hong Kong economy to collapse, and will soon introduce a linked exchange rate system. For the next 30 years, the exchange rate of the Hong Kong dollar will be fixed at 7.8 to the US dollar.
Before Li Xuan arrived in Hong Kong, the Oriental Group transferred a total of 1.5 billion US dollars for foreign exchange speculation. This even includes $500 million in credits in the name of short-term borrowings from HSBC and Standard Chartered.
The average selling price of the $1.5 billion was around HK$9.2. That is to say, when the exchange rate of the Hong Kong dollar against the US dollar is fixed at 7.8 to 1 by the Hong Kong government next month, Li Xuan will make a gross profit of about 270 million US dollars.
With such a windfall, the financial pressure after the acquisition of ra company by the Oriental Group will be much less. More importantly, Li Xuan's action is to be bullish on the Hong Kong dollar, which is exactly the opposite of the speculators who are generally bearish on the Hong Kong dollar in the current exchange rate market. Li Xuan's actions represent his support for the Hong Kong dollar and Hong Kong. Even if it is exposed by the media in the future, there is no need to bear any moral pressure.
On the contrary, Li Xuan can righteously say that if it weren't for the secret support of his billions of dollars, perhaps the exchange rate of the Hong Kong dollar would have fallen to 9.6 to 1 on September 24. But it may directly break 10.
It was not too late for Li Xuan to wake up this morning, but he worked **** Guan Zhilin, a stunner, and then got tired of the beauty for a while. Wait for Li Xuan to take a bath. After eating the loving breakfast carefully made by the beautiful woman, when I set off from Guan Zhilin's boudoir. It's been almost ten minutes.
"How is the situation in each branch? I passed by the Central Branch when I was in the car just now, and the gate of the bank there was already crowded with people!" Li Xuanyi walked into Yang Lingjun's office. He asked eagerly with a smile.
"The situation in each branch is similar to what we expected before. Although they are all overcrowded, the order is still in order! We also notified the Hong Kong Police Force in advance, and there are police officers in each branch to help smooth the order!"
Yang Lingjun explained with a smile, a confident smile on his face. He was talking with Han Peng, and when he saw Li Xuan walk in, both of them immediately stood up to greet him.
"You two should sit down too, it seems that everything is under control!" Li Xuan said with satisfaction.
Jiahua Bank, like other subsidiaries of the Oriental Group, foresaw the Hong Kong dollar crisis early on. Therefore, under the command of Yang Lingjun, the president, Jiahua Bank bought a large amount of US dollars in advance under various excuses. In the past two days, when banks in Hong Kong almost sold out the US dollars they held, Jiahua Bank was still able to provide US dollar exchange services for its depositors with restrictions.
This has greatly established Jiahua Bank's reputation among Hong Kong citizens. The US dollars held by Jiahua Bank were actually far from exhausted. In order to maximize the effect of these US dollars, Yang Ling prepared a big show. And Li Xuan is the guest star who was invited by Yang Lingjun to help make the big show in this big show.
In the first act of the drama, Li Xuan, as the boss of Jiahua Bank, announced that he had deposited 100 million US dollars in his bank. Capital injection and saving money are two different concepts. The former is converted into the bank's equity and cannot be taken back for a while. The latter was lent to the bank, and Li Xuan could take it back at any time. All the remaining money of the Oriental Group must be kept for the acquisition of Ra, and he naturally has no spare money to invest in Jiahua Bank.
And Jiahua Bank is now operating very healthy, and there is no need for shareholders to inject capital. Even Jiahua's dollar reserves are very abundant, and what it really needs is this golden sign of "Fortune Li". How rich is "God of Fortune Li"? Not long ago, Hong Kong newspapers used a large amount of space to once again popularize science for all Hong Kong citizens. The Chinese Light, the world's richest man for the second consecutive year, has total assets of US$10 billion.
Therefore, taking out 100 million US dollars is just a small as for "God of Fortune Li". Even if he takes out 1 billion US dollars, it is only one-tenth of the total assets, so it doesn't need to hurt Li Xuan at all. Therefore, no one doubts the validity of Li Xuan's promise.
Li Xuan did transfer US$100 million to Jiahua Bank’s account yesterday, but Jiahua Bank announced in major newspapers this morning that the promised maximum deposit of US$1 billion was simply empty talk. All the cash of the Oriental Group has already been used by Li Xuan to speculate in foreign exchange.
"Just ten minutes ago~www.readwn.com~ the managers of all branches reported the latest data. These data have been aggregated to show that we have sold a total of 670,000 US dollars since the opening of business this morning. Foreign currency, of which 21.12 million are new foreign currency deposits!" Yang Lingjun briefly reported.
For today's action, Jiahua Bank deliberately opened its doors an hour earlier. According to the specific passenger flow data in the bank counter, Jiahua Bank may also delay closing in the afternoon.
Of course, Jiahua Bank certainly cannot allow its depositors to really withdraw the money stored in the bank, so there are preconditions for exchanging US dollars from Jiahua Bank. First, it must be the funds deposited by Jiahua Bank depositors in the bank, and secondly, these funds need to be deposited in the foreign currency accounts opened by the depositors in Jiahua Bank.
In this way, Jiahua Bank actually only records the depositor's money from Hong Kong dollars into US dollars at the current exchange rate. However, Jiahua Bank actually bought a large amount of US dollars in advance long before the exchange rate of the Hong Kong dollar fell. Over and over again, Jiahua Bank earned a large exchange rate spread.
Moreover, in order to make their deposits into foreign currency to preserve their value, many depositors have abandoned their original time deposits and deposited them into newly opened foreign currency accounts. Among them, the interest rate difference between regular transfer and current account, as well as the management fee income for opening foreign currency accounts, allow Jiahua Bank to make a small profit. (To be continued..)
You'll Also Like
-
This AD is too stable
Chapter 567 19 hours ago -
Tennis King: Opening with Navy Six Styles!
Chapter 138 19 hours ago -
Pirates: After my girlfriend's fan turned into my sister, I was so bad
Chapter 517 19 hours ago -
Shenhao: I am really not the turtle in the wishing well
Chapter 302 19 hours ago -
Football: Start by playing as Ronaldo and beat Manchester United!
Chapter 246 19 hours ago -
Daqin: I am the modern emperor of Daqin, communicating with Zulong
Chapter 164 19 hours ago -
Gundam SEED: Rescue Junius VII
Chapter 147 19 hours ago -
Taking stock of the Ben 10 ratings, the defenses of the world are broken!
Chapter 114 19 hours ago -
Siheyuan: Starting from Retirement
Chapter 351 19 hours ago -
Movie Emperor: When he debuted, he was surrounded by female stars and capital
Chapter 241 19 hours ago