The Industrial Giant Reborn.

Chapter 440 The benefits of unexpected surprises

Early the next morning, Chen Zhiwen came to the headquarters of Hisense Bank and held an emergency meeting. Without any nonsense, he asked directly: "How many US dollars did our bank exchange yesterday?"

Huo Jianning stayed up late to prepare the data and replied: "Sheng Chen, yesterday our 40 branches exchanged a total of 1.7 million US dollars."

"1.7 million U.S. dollars? So there are 17 billion Hong Kong dollars in the account?" Chen Zhiwen asked after a mental calculation. According to the most basic exchange rate, the exchange rate for low-amount exchanges is 9.5:1, and for VIPs with high quotas, the exchange rate is more than 10 , the higher the amount, the higher the proportion, just to slaughter this group of people.

"To be precise, it's HK$17.2 billion. Many entrepreneurs and wealthy people in Hong Kong come here to exchange money. Even if the amount is higher, it doesn't matter. There are also some people who come with a bunch of real estate certificates and want to mortgage first. I did not agree to the exchange because it would affect the exchange business that we are currently dealing with. I just informed them that Hutchison Whampoa is also using US dollars to acquire properties," Huo Jianning said.

At the current Hisense Bank, some people who used to work in the office are basically assigned to the front line. Those who can cashier and exchange money can do business. If not, then they can be receptionists, answer users' questions well, or do Be an assistant, help out, etc.At this time, no one in the loan department is there, so who is going to apply for what loan?

"Okay, let's continue the exchange." Chen Zhiwen nodded and said, 1.7 million U.S. dollars. When he originally converted it into U.S. dollars, the exchange rate was based on 5, which meant he spent 8-9 million Hong Kong dollars, but now it has almost doubled. , this is still the first day, so many people come to give money, how can I refuse.

Of course, this is calculated in U.S. dollars. When the official exchange rate is set at 7.8, what I earn will not be so outrageous. It will probably be discounted in half, but the income of 3-4 million Hong Kong dollars a day is estimated to be the largest now. Petroleum groups don’t dare to dream of this either.

"We have almost 20 billion U.S. dollars in foreign exchange. If we continue to exchange at this rate, I'm afraid we won't be able to last for half a month." Huo Jianning said after a pause.Previously, Hisense Bank exchanged almost 60 billion Hong Kong dollars in one year. Taking into account the exchange rate loss, it received almost 10 billion U.S. dollars. The other less than 10 billion U.S. dollars was given by the boss. Huo Jianning also knew that this The boss borrowed 50 billion Hong Kong dollars from HSBC before acquiring Disney. However, it was not used in Disney's acquisition. Instead, it was converted into U.S. dollars through HSBC and some legal means and handed over directly to Hisense.

Fortunately, the collateral this time was sufficient, including high-quality commercial properties owned by Hutchison Whampoa and Galaxy Properties on Hong Kong Island, Tsim Sha Tsui, Kowloon and other places. This kind of mortgage was enough for HSBC to agree not to care where the funds went.

What used to be 50 billion Hong Kong dollars in U.S. dollars may be exchanged for close to 90 billion today. Taking into account various losses and interest, this is a net profit of 30 billion.

Originally, with so much money, Huo Jianning was quite confident, but the crazy run yesterday made him a little worried about whether there would be insufficient US dollars later.

"Don't worry about it. Yesterday was the first day. It won't be like this again. Theoretically speaking, if nothing big happens, fewer and fewer people will come to exchange foreign exchange." Chen Zhiwen said with a smile: "Besides, we are not the government , even if the funds run out, we can just close the door and no longer exchange it, or we can just increase the price in the later stage.”

If it is not the government, it does not have so much responsibility. It can do as much as it can. Anyway, in the original history, in October, the mainland and the United Kingdom would publicly declare their support for Hong Kong and ensure Hong Kong's future prosperity. This is The underlying cause of the Hong Kong dollar exchange rate crisis was fundamentally solved. Then the British government used its foreign exchange reserves to guarantee the Hong Kong dollar. At the same time, the Hong Kong dollar fell to 10, and then it was considered stable.

All I need to do is to make profits from it when no one knows what the future will be like. Anyway, those who make money are those funds who have no confidence in Hong Kong and want to immigrate, or who want to take the opportunity to short the Hong Kong dollar. Even ordinary people. Exchanging foreign currency is also in the nature of investment and speculation, so you are naturally at your own risk, and Hisense has also imposed an amount limit on each person. Ordinary poor people generally cannot spend more than 10 Hong Kong dollars to exchange for a family.

"Okay, I understand." Huo Jianning nodded and said, "One more thing. Some people asked someone to find me. They wanted to exchange a large amount of U.S. dollars and wanted us to give them a discount. The amount is small. Two to three million U.S. dollars, or more than tens of millions. This matter involves relatively large funds, so I still need to ask Mr. Chen for instructions."

"The more we charge, the higher we charge. This is the same even if the gods come. This is not a few years ago. Now they are begging us, and only we can exchange so many US dollars with them." Chen Zhiwen said without thinking, This is not a civilian necessity, and he doesn't care what the upper price limit is.

"Understood, I think so too." Huo Jianning said with a smile. He also understood what the boss meant, but it involved too much money, so he still needed to ask for instructions.

"Who asked to exchange tens of millions of dollars?" Chen Zhiwen asked again. According to the current rules set by Hisense, it takes [-] million Hong Kong dollars to exchange tens of millions of dollars. Although there is no shortage of billionaires in Hong Kong, taking out [-] million in cash is another step. The concept is clear. There are really not many people in Hong Kong who can do this.

"There are two families, one is the Zhang Yuliang family, and the other is the Li family." Huo Jianning said. "Oh, they are right." Chen Zhiwen nodded and said. The Zhang Yuliang family is the major shareholder of Wheelock Group, one of the four major foreign banks. Even if Wheelock's market value has shrunk due to the economic crisis and shipping crisis, that is still As a giant with assets worth billions, it is not difficult for the Zhang family to come up with [-] million Hong Kong dollars. The other Li family is also an ancient family, and TVB still took it from their family.

"Tell these people that they can exchange for U.S. dollars, but they can also consider selling the properties in their hands, and Hutchison Whampoa can also pay in U.S. dollars." Chen Zhiwen added that these ancient families have a lot of money in their hands. If these high-quality assets have survived 84 years, with the most conservative operating methods of these ancient families, it will be almost impossible to acquire them again.

But there is nothing wrong with being conservative. Old families and the third generation of rich people actually no longer have the ability to run large companies. As long as they can keep it, they will achieve great results. They just collect rent and do no other business. It is the most perfect. It is a pity that it happened. The Hong Kong dollar exchange rate crisis has shocked them.

"Okay, I will inform Zhou Jiayang." Huo Jianning said, Hisense is responsible for exchanging Hong Kong dollar cash, and Hutchison Whampoa is responsible for acquiring high-quality assets. The perfect combination, through this crisis, a lot of blood money will be made.

In the following half month, the entire Hong Kong's run on the U.S. dollar rose from the beginning and then slowly declined.

Because it is very simple. When it rises, Hisense Bank once again increases the exchange ratio. Ordinary people need 10 Hong Kong dollars to exchange for 1 U.S. dollar. This naturally makes many people retreat, especially those scalpers. Seeing that Hisense Bank is so strong, they also Make them hesitate.

The fundamental reason for this is very simple, because Hisense's money was exchanged so hard in the first eight days, and more than half of the US dollar deposit was gone. In this case, it is natural to raise the price. Anyway, it is only the money that was exchanged before. Half of the US dollars has been earned back.

In addition to banks, some wealthy people in Hong Kong have also taken the initiative to contact Fok Jianning or senior executives of Hutchison Whampoa Group. They also want to exchange dollars, not necessarily to immigrate, but to diversify their investments and eliminate risks.

These are all negotiable. Diversification is the path that any rich man must take after becoming successful. He does not necessarily have to enter other industries, but will choose a variety of assets to maintain value, such as real estate, stocks, foreign exchange, treasury bonds, and even There are also people like Chen Zhiwen who invest in land farms.

However, there are not many who can do it perfectly, and many people react a little slowly. Moreover, the real estate market in Hong Kong was too good before 82. As a result, a crisis broke out and the price was cut in half. This made them reluctant to cash out, but now The Hong Kong dollar exchange rate crisis has occurred, which makes them anxious to death. After the house price falls, it can still rise, but if the Hong Kong dollar falls, it will be all over.

In this case, even if Hisense Bank or Hutchison Whampoa offers a higher price, in order to avoid risks, they can only accept it. If they have Hong Kong dollars, they will exchange it for Hong Kong dollars. If they don’t have Hong Kong dollars, they will exchange it for high-quality real estate or some high-potential properties. company stock in exchange.

It was at the end of September. One day, Chen Zhiwen was reading the recent newspaper about the negotiations between the mainland and the United Kingdom. This matter was actually the root cause of the Hong Kong dollar exchange rate crisis. If this problem was solved, Chen Zhiwen's role would not be very big. .Even if the economy is already riddled with holes, it will not continue to deteriorate. At most, with the support of Chen Zhiwen's US dollars, it can recover faster.

Although historically this matter was resolved in mid-October, he still has to pay attention to it. After all, his butterfly effect may have affected many things. Although it will not change the outcome of this matter, it may still affect it. Time.

"Dong dong dong..." Huo Jianning and Zhou Jiayang walked in at the same time.

"What's the matter?" Chen Zhiwen asked. During this period, these two people were his two leaders in making profits during the Hong Kong dollar exchange rate crisis, but their directions were different. Huo Jianning preferred to trade cash, while Hutchison Whampoa preferred to purchase real estate properties. Wait, there will also be cooperation between them. For example, Hisense Bank recommends that people with high-quality properties go to Hutchison Whampoa, but these are usually small matters and they can just decide internally. If two people come together, it should be a big deal.

"Yes, we had an unexpected surprise." Zhou Jiayang said: "A ghost guy found me through a relationship with the Swire Group and said that they had stocks in Jardine Matheson and Land and they wanted to use these two stocks. Come and exchange dollars.”

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(End of this chapter)