The Industrial Giant Reborn.

Chapter 437 Condition Negotiation
"It seems that Bill Winter's words are effective, and Youde can only find me now." Chen Zhiwen smiled and said, everything was as expected. The current situation of the Hong Kong government is very dangerous, that is, The British government was behind it. When Hong Kong and Britain could not bear it, they borrowed a large amount of foreign exchange and promised guarantees. In addition, they quickly reached some agreements with the mainland to stabilize the Hong Kong dollar exchange rate. Otherwise, it would definitely leak out, and once it fell, After going down, it will be very difficult to go up again in the future.

The violent fluctuations in the exchange rate itself, whether rising or falling, are a huge blow to regions with external demand. Once the exchange rate falls, prices in Hong Kong will immediately skyrocket, and various economies will collapse further.

The current Hong Kong government has no idea what will happen in the future. Even the British government, which was historically prepared to help, does not know what price it will pay to preserve the Hong Kong dollar. In this case, Youde can only turn to him. After all, on the surface, his own industry focuses on exports and is a high-profit industry, so he must have a lot of US dollar cash in hand.

However, perhaps for some reason, Youde never contacted him, so Bill Winter used the meeting of the Hong Kong Governor's Office to clarify the matter, so that the Hong Kong Governor could have a good start, because this was someone else's Mentioning.

"These British ghosts are still a little too concerned about face. The UK today is no longer what it was 80 years ago." Huo Jianning said.

"No matter what, we still have to give face to them for mutual benefit. They want the Hong Kong dollar to stabilize the exchange rate. We just want to take this opportunity to get more Hong Kong dollars. We also need the stability of the Hong Kong dollar." Chen Zhiwen nodded and said.

The collapse of the Hong Kong dollar exchange rate is inevitable, because too much money has been lost during this period. If it does not fall, the Hong Kong government will not be able to bear it. At the same time, after the exchange rate falls, it can also prevent many hesitant people from giving up immigration. Although Chen Zhiwen does not care about this, the Hong Kong government still cares about it. Another thing is that the fall of the Hong Kong dollar can also save the manufacturing industry. Currently, Hong Kong at least values ​​the manufacturing industry. In the original history, in 1985, the Hong Kong Governor especially De also led a group of textile industry experts and entrepreneurs to the United States, Australia, and Europe to seek new markets for Hong Kong's textiles.

The general trend cannot be changed, so you can only go with the trend and exchange foreign exchange yourself when the Hong Kong government is not short of foreign exchange. When it is short, you can appear as the savior and put forward some of your own demands.

"The time is tomorrow at noon. I will arrange the car in advance." Huo Jianning said.

"Okay, prepare to be more formal." Chen Zhiwen nodded and said.

At ten o'clock in the morning the next day, Chen Zhiwen and Huo Jianning arrived at the Hong Kong Governor's Office.

"Sheng Chen, Mr. Huo, please come in." Under the leadership of a Chinese official, Chen and Huo arrived at the office of the Hong Kong Governor's Office.

Before he entered the door, he saw a tall figure walking out. It was Governor Youde. He smiled and said, "Sheng Chen, welcome to the Governor's Mansion."

"Mr. Hong Kong Governor, you are very polite. It is an honor for me to come to the Hong Kong Governor's House." Chen Zhiwen said with a smile.

"Please come in." Youde led the two of them into the office. After a few people sat down, Youde said again: "I have to thank Chen Sheng's PARKnSHOP for this period of time. The current situation in Hong Kong is... Only your supermarket has always cooperated with the Hong Kong government’s monetary policy, and has always had sufficient supplies.”

"This is what I should do. As the largest supermarket chain in Hong Kong, Parknshop naturally needs to shoulder its responsibilities under today's circumstances." Chen Zhiwen said with a smile.

In the context of the Hong Kong dollar crisis, many supermarkets are unwilling to accept Hong Kong dollars. At the same time, a large number of people deliberately consume Hong Kong dollars when they cannot exchange for U.S. dollars. Generally, the purchasing channels behind small supermarkets themselves may also involve the import of materials. One positive and one negative. , many supermarkets have simply closed, or raised prices, etc.

Only PARKnSHOP, owned by Chen Zhiwen, sticks to prices. At least on necessities such as food and vegetable prices, it has very strict controls to ensure the most basic living needs of residents. Other non-necessities are also subject to appropriate price increases under control. .This naturally relies on the strong purchasing channel capabilities of Galaxy Trading behind PARKnSHOP, as well as sufficient US dollar foreign exchange.

However, in this case, scalpers will also come to take advantage of the loopholes, but there are still solutions, such as increasing the shopping queue time. Although it takes more time for residents, it can make scalpers pay more time costs. Comprehensive below, it is still advisable.

Of course, it’s not that capitalists don’t make money. In this case, as long as you are more ruthless, you can make money in the short term, but it won’t last long. Stabilizing prices will cultivate everyone’s shopping habits in the long term. Once the habit comes, It will not change if it is here. Although PARKnSHOP said it had monopolized the medium-sized supermarket market in Hong Kong before, there are many types of supermarkets and there are still many competitors.

By doing this, you can also gain a good reputation, and everyone in Hong Kong, the United Kingdom, and the Mainland will at least have a favorable impression of companies that stabilize prices. "That's good. Hong Kong is really lucky to have a responsible entrepreneur like Chen Sheng." Youde said with a smile.

"Sir, the coffee is here." A beautiful blonde secretary came in with several cups of coffee, and then placed the cups in front of several people.

Youde continued: "Chen Sheng, Huo Sheng, a friend of mine, he is the British ambassador to Brazil. By chance, he got a kind of hand-grown coffee in the Brazilian Amazon forest. It tastes very good, and is different from ordinary coffee." Industrial products are completely different.”

"Oh, then I have to try it." Chen Zhiwen said with a smile. In fact, he didn't know much about coffee. After all, this thing is a part of Western culture. He also had to show his liking when appropriate because of business needs. .

Sure enough, as he expected, he felt that it was not much different from other coffees, but he still said: "Good coffee."

Huo Jianning on the side also expressed his stance. I don't know whether he really likes it or is perfunctory.

"Haha, no one who has tasted my coffee can say anything bad about it." Yoder laughed.

"It's indeed very good." Chen Zhiwen said again, and he wasn't lying. The taste wasn't bad either. It was okay to drink, but he couldn't taste the great feeling.

"I will arrange for someone to send some to Chen Sheng's house." Youde paused, returned to the topic, and said: "Chen Sheng, you are very good at stabilizing the prices of basic daily necessities in Hong Kong, but this method Treating the symptoms but not the root cause will not work in the long run. If the current Hong Kong dollar crisis is not solved, the entire Hong Kong economy will have big problems. Mr. Chen’s main business is also in Hong Kong. You don’t want to see big problems in Hong Kong’s economy, right?” .
"What do you mean, Mr. Governor?" Chen Zhiwen asked.He is not in a hurry, he has to let the other party say this kind of thing.

Youde said: "I hope Chen Sheng can mobilize some US dollars from overseas and lend them to the Hong Kong government to stabilize the current exchange rate. We can discuss whether it is interest or the loan cycle."

"If the root cause of Hong Kong's current exchange rate problem is not solved, no matter how much money is invested, it will not be enough. When I mobilize US dollars to come back, I must first ensure that there is no problem with the money, right?" Chen Zhiwen said: "If the current situation of Hong Kong people is not stable, If we have no confidence in the market, the exchange rate will only get lower and lower, and I will also suffer serious losses by then."

"Actually, I understand Mr. Chen's concern. Buckingham Palace has sent people to the mainland. I think both parties will soon be able to make guarantees on Hong Kong's current exchange rate issue," Youde said.

"Okay, if this is true, I can mobilize the funds back, but I won't lend my funds to anyone, because to be honest, I don't like the interest, so I have two plans." Chen Zhiwenton Liaodun said: "First, I will arrange for Hisense Bank to open the window for converting U.S. dollars into Hong Kong dollars starting from tomorrow. However, the transaction price cannot be based on the current exchange rate stipulated by the Hong Kong government. This is a solution to the problem through market methods. Mr. Governor feels that how?"

"Okay, free market, you are free to decide." Youde also understood Chen Zhiwen's thoughts. Nowadays, the Hong Kong dollar on the black market has almost exceeded 10 Hong Kong dollars per US dollar. Now, if Hisense Bank conducts large-scale exchanges, it will be calculated in Hong Kong dollars. It must be earned with blood.

Of course, this premise is that the Hong Kong dollar can be stabilized in the future. This can be said to be a big gamble. If the bet fails, the loss will be serious, but it is obviously unlikely. Even if the Hong Kong dollar falls, it will not be cut in half. This is very important for Hong Kong. The economic damage is too great, and if the mainland and the United Kingdom come forward, the Hong Kong dollar crisis will naturally gradually stabilize.

Without enough profits, these capitalists really won't be able to make big money, but for Youde, this is what they deserve. If they have strong capital and great vision, they should make this money. Isn't this the case in the capital market?Although the Hong Kong dollar crisis will be fundamentally solved this time, a large amount of foreign exchange is still needed to ensure that there is no problem. The Hong Kong government is also worried that its reserves will not be enough for this money, because after the new foreign exchange rate is determined, it will If you stick to it, you must continue to maintain free convertibility. No one knows what the run will be like by then. Therefore, sufficient preparation is necessary, whether Chen Zhiwen consumes some of the people who want to exchange dollars now, or waits until It will be helpful to shoulder the responsibility together with the Hong Kong government.

As for those ordinary people who don't know anything and follow the trend of exchanging US dollars, they can only deserve their losses.

"This second point, I don't think it is necessary to lend money to the Hong Kong government. After all, I am not the World Bank and I do not participate in the government's lending." Chen Zhiwen said: "It is better to do this. The Hong Kong government should still have many failed auctions in the previous year. How about I buy all the lost land for US dollars?"

(End of this chapter)