City Start Striving for Becoming a Rich Man

Chapter 69

It was September 19th, and Ni Shixiao was working in his office.

“Lizhi, let Hong Bochao come here.” Ni Shixiao pressed the button on the phone and notified Lizhi in the office outside to inform Hong Bochao.

Within 10 minutes, there was a knock on the door of Ni Shixiao’s office.

Knocking…

“Come in…”

“Chairman, what do you call me?”

“Bo Chao, sit down”, when Hong Bo Chao sits down, Ni Shixiao begins to speak.

“Bo Chao, how many Hong Kong dollars do we have on hand?”

“Chairman, plus the account period, we have a total of 9.5 billion Hong Kong dollars in our account.”

“Excluding the settlement within 2 months, how much is left?” Ni Shixiao asked Hong Bochao.

“There is 7 billion left, and the other 2.5 billion have to be paid for goods and engineering within two months.”

“Go and discuss with the manufacturer and the construction company. We will settle the yen for them at the exchange rate.”

“Okay, Chairman, I know, I will do it now.”

After ordering Hong Bochao, Ni Shixiao rushed to the HSBC Bank to find Shen Bi. Although there are many foreign exchange agencies on Hong Kong Island, if he can eat his size and feel relieved, HSBC is left.

Ni Shixiao walked through the HSBC lobby, went up to the 28th floor from the elevator on the right, and walked to Shen Bi’s office, where Shen Bi’s assistant greeted him.

“Ni Shao, you are here, Shen Dong is already waiting for you.”

“Okay,” said the assistant and knocked on Shen Bi’s office door.

“Chairman, Shao Ni is here.”

Ni Shixiao followed into Shen Bi’s office, “Shixiao, you are here,” Shen Bi said to Ni Shixiao.

“Uncle Shen, here to bother again.”(Read more @ wuxiax.com)

“Shixiao, why are you looking for me this time?”

“Uncle Shen, I want to speculate in foreign exchange. I want to operate at HSBC. I want to ask how much leverage HSBC can provide?”

When Shen Bi heard Ni Shixiao’s words, he fell into deep thought. Which country’s exchange rate has changed recently? Shen Bi thought for a long time and never thought of any coin whose exchange rate has changed greatly, so he answered Ni Shixiao’s question first.

“Shixiao, we HSBC can generally provide 400 times leverage, 1000 times can also provide, but the interest will be a bit more expensive. I don’t know how much Shixiao you plan to play?”

“Hong Kong dollars 9 billion, US dollars 7.2 billion.”

With such a large amount of funds, it is really unexpected that Ni Shixiao has developed to this point in just a few years.

“Shixiao, with such a large amount of funds, HSBC can’t afford high leverage and cannot mobilize so much funds.”

“Uncle Shen, what about the half, can you provide 400 times leverage?” Ni Shixiao thought about it. Except for the first three months, the yen did not only rise but not fall.

“Half is not enough, the amount of funds is too large, and I will give you 100 times at most.”

Ni Shixiao thought about it: “100 times is 100 times.”

“Which currency is Shixiao’s investment in such a big investment?”

“JPY”

“JPY?”

Shen Bi began to think about what happened to R Ben recently, when he suddenly thought of some reports recently released by the United States, he suddenly realized.

“Shixiao, are you optimistic about the appreciation of the yen?”

“Yes, the recent rapid economic development and industrial restructuring are all seeking overseas expansion. The companies of the R company are promoting the appreciation of the yen, and countries such as the United States will definitely promote the yen because of the trade deficit with the R company. Appreciation.

Both sides want the yen to appreciate. Although the United States is hiding its evil intentions, the appreciation of the yen will not change. ”

When Shen Bi heard Ni Shixiao’s analysis, he couldn’t help feeling that Ni Shixiao’s understanding of the international situation is so keen, how many people can discover this.

Other so-called financial elites on Hong Kong Island, compared to Ni Shixiao, can only be said to be the best!

Shen Bi weighed it in his heart, and blurted out: “Shixiao, HSBC will follow you to operate it?”

“Yes, but the interest on the leverage is waived, and I want a 10% profit dividend.”

“Yes,” Shen Bi agreed without hesitation. In fact, he was also optimistic about the appreciation of the yen, but he didn’t know how much it could rise.

…

Ni Shixiao asked Hong Bochao to convert the 9.5 billion Hong Kong dollars and 2.2 billion US dollars in the account into Japanese yen. In the next three or four years, DreamWorks and external settlements will basically have to use Japanese yen.

In HSBC’s foreign exchange trading room, Ni Shixiao sat on the sofa, closed his eyes and rested, waiting for the opening of the market.

“The market is open, the market is open”, the trader yelled vigorously, and everyone immediately entered the first-level combat readiness state.

“Whole position buy”, Ni Shixiao’s 5 billion US dollars used 100 times leverage, which is 500 billion, plus HSBC’s own 100 billion all bought in Japanese yen.

In fact, HSBC can’t provide a 500 billion quota. Most of it is borrowed from Morgen, and Ni Shixiao is responsible for the interest on the borrowing.

“Already eaten… all the funds have entered the market.”

…

“Turn on the TV and watch the news”

…

The TV news is being broadcast live on the signing of the Plaza Agreement, and the host is talking.

“Milian S released a report that the financial leaders of Mei, Neon, Federal D, F, and E, and Hang of China Y Bank (G5) held a meeting at the Plaza Hotel in New York to reach a joint intervention by the governments of the five countries. In the foreign exchange market, an agreement to induce the exchange rate of the U.S. dollar against major currencies to depreciate in an orderly manner to solve the problem of the U.S.’s huge trade deficit…”.

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