Video Game Empire

Chapter 329: not an example

Even better, many depositors who were not originally Jiahua Bank also transferred their money from other banks, first opened an account with Jiahua Bank and deposited it, and then asked to transfer it into a foreign currency account. 『』ǎn『小』 said, this has added a lot of foreign currency deposit balances to the bank.

"It seems that the US dollar sold by the bank today must exceed 100 million!" Li Xuan said with a smile, "What is the current exchange rate?"

"The Hong Kong government announced in the morning that it is working on a new exchange rate plan that can more accurately reflect basic economic strength. And the Hong Kong government's commitment to ensuring the full convertibility of the Hong Kong dollar is the basic premise for any currency stabilization plan!

At the same time, the Hong Kong government also declared it illegal for anyone to ask for payment in foreign currency in a local transaction. The Association of Banks also announced in the morning that the deposit rate will be increased by 3% from the next day, and the two note-issuing banks, HSBC and Standard Chartered, will also increase their prime interest rates by 3%! Affected by these good news, the exchange rate of the Hong Kong dollar against the US dollar has rebounded to 8.8 to 1! "Yang Lingjun said.

"It seems that the Hong Kong government has played a powerful combination of punches. I estimate that the exchange rate of the Hong Kong dollar is unlikely to fall below 9 again, and it is estimated that it will rise further in the afternoon!" Li Xuan said with a smile, "The focus of the next work will be It is to further establish Jiahua's brand reputation. After this Hong Kong dollar crisis is over, the newly added foreign currency deposits will definitely be exchanged for Hong Kong dollars, and you must do everything possible to keep this money!"

Yang Ling nodded. He also knew that most ordinary citizens could not actually use foreign currency accounts. Under normal circumstances, the threshold for opening a bank's foreign currency account is also much higher than that of a local currency account. For example, the original condition of Jiahua Bank to open foreign currency accounts for individuals was to have a personal deposit of more than 100,000 Hong Kong dollars. This time, the exchange rate of the Hong Kong dollar plummeted. Jiahua Bank temporarily lowered the standard for opening foreign currency accounts in order to help depositors preserve their value.

"For this issue. We are also prepared, so we specifically mentioned that only our bank's depositors are eligible to transfer money into foreign currency! This forces all customers to have a local currency account in Jiahua Bank as the first step. Etc. In the future, when customers want to exchange foreign currencies back to Hong Kong dollars, peer-to-peer transfers will definitely be more convenient than inter-bank transfers!" Yang Lingjun said with a smile.

"Old Han, you can finally get a good night's sleep now!" Li Xuan turned his head and said to Han Peng next to him.

"Li Sheng, I personally still have reservations about this approach. With the current development situation of the Dongfang Group, there is absolutely no need for us to take risks! Putting the whole family's life on this exchange rate gamble is definitely not what a wise man did. "Han Peng shook his head and said.

In fact, this is not just the opinion of Han Peng alone. The company's executives are against Li Xuan's practice of taking all the group's liquidity this time to bet on the exchange rate of the Hong Kong dollar. Opposition is still quite loud. Li Xuan also relied on his huge prestige in the company to persuade others.

Li Xuantou dǐng is reborn, and he can guess that the Hong Kong government will come up with a linked exchange rate system in the near future. To be long on the Hong Kong dollar is a business that can make a profit without losing money. But in the eyes of others, in fact, the Hong Kong dollar has reached a precarious point in the past few days, and it may collapse completely if it is not careful. Li Xuan's approach is to walk a tightrope, which is very irrational!

Of course, the greater the risk, the greater the reward! If the exchange rate of the Hong Kong dollar is still the same as in the previous life, it will be nailed to 1:7.8 by the Hong Kong government. Then the proceeds of Li Xuan's operation will be as high as 270 million US dollars.

What is the concept of $270 million? A well-known electronics industry giant like RA has an annual profit of only four or five billion dollars. And ra company in the "Fortune" magazine selected the top 500 companies in the United States, can be ranked within the top 100. If it is in Hong Kong, the number of companies with a profit of 270 million US dollars a year now does not exceed the number of hands.

"I'm not blindly bullying the Hong Kong dollar. The Economic Research Institute has done a detailed analysis before, and the Hong Kong government cannot really allow the Hong Kong dollar to go bankrupt! Speaking of which, this crisis is not because of a problem with the Hong Kong economy, but because of the Hong Kong economy. It was a man-made political struggle. That's why I dared to make a bold move! But you are right, Lao Han, the best way to run a business is to follow the right path. Criticize. Financial speculation like this. It really shouldn't be mixed up with the normal running of the company.

"Mr. Yang, the latest exchange rate of the Hong Kong dollar has risen to 8.6!" A secretary knocked on the door and came in to report.

The smiles on the faces of the three became even brighter!

In the Central Branch of Jiahua Bank, which Li Xuan had just driven by, the lobby manager changed the latest Hong Kong dollar exchange rate to 8.6 on the blackboard.

"Ladies and gentlemen, the exchange rate of the Hong Kong dollar has been rising since the market opened today! The latest exchange rate of the Hong Kong dollar against the US dollar has risen to 8.6 Hong Kong dollars to 1 US dollar. Customers who continue to prepare to convert Hong Kong dollar deposits into foreign currency deposits need to understand The exchange rate risk that you may take!" After modifying the numbers on the blackboard, the bank's account manager reminded the long queue with a loudspeaker.

"Hey, when my eldest brother came to deposit in the morning, the exchange rate was still 8.8. Now it has risen to 8.6. This is too fast!" A man in a white vest with messy hair said in surprise. .

"How much money did your brother save?" the other people beside him asked curiously.

"40,000 to 50,000 yuan is all his money!" The man's defense was obviously not strong, and he casually disclosed the deposit amount of his eldest brother's house.

"It's all converted into U.S. dollars? Isn't that a thousand dollars lost in less than half a day!" asked another person next to him, his mental arithmetic ability was obviously good.

"There are so many?" The man in the white vest said in shock.

Neither he nor his eldest brother are rich. Both brothers work as help cooks in a seafood restaurant, and their monthly salary is just over 2,000 yuan. One thousand yuan is already equivalent to half a month's salary for him to work hard. And the man in the white vest is hiding the 40,000 yuan he just took out from another bank in the small bag in front of his chest.

The Hong Kong dollar has been falling a few days ago. He heard that the Communist Party is not ready to negotiate with the British ~www.readwn.com~ The mainland government may use force to take over Hong Kong. The Hong Kong dollar issued by the British will become a pile of waste paper in the future, and the Chinese government will definitely use RMB in Hong Kong!

Then, under the instigation of his elder brother, he hurriedly took out all his wife's books and ran to Jiahua Bank to exchange for US dollars. But now the Hong Kong dollar seems to be worth more than a few days ago, which made him hesitant to exchange the money for US dollars? Like his eldest brother who changed early, he lost a thousand yuan in less than half a day, and he felt sorry for his eldest brother.

"If you don't want to continue to exchange dollars and want to re-deposit the money back to the bank, you can go to the window here. Whether you are a depositor of Jiahua or not, the procedure is very simple!" The lobby manager continued to shout with a loudspeaker.

The man in the white vest scratched his ears and scratched his cheeks for a while, and decided to take a look at the situation first. After all, the Hong Kong dollar no longer continued to fall. Anyway, the boss of Jiahua Bank is "God of Fortune Li", and his assets are worth hundreds of billions of Hong Kong dollars. With the God of Wealth in his presence, Jiahua Bank would never go bankrupt.

Therefore, the man in the white vest simply did not plan to deposit the money back to the previous bank, but under the guidance of the lobby manager, went to another window to reopen an account in Jiahua, and deposited all his cash into it. And there are obviously many people who have the same idea as him. (To be continued..)

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