The century-old family began to rise from Hong Kong Island chapter 452

The century-old family began to rise from Hong Kong Island
Chapter 452 30 Billion Hong Kong Dollars, Enter The Foreign Exchange Market Of The Island Country [S
Among the dozen or so people sitting on the deck, any single one of them is a big shot in Hong Kong Island, with a net worth of at least eight billion Hong Kong dollars, a well-deserved boss!
But now, regardless of their age, they all listened carefully to Su Shaoze’s speech, which was related to the vital interests of each of them.
“I agree with Ze’s words!”
After Su Shaoze finished speaking, Bao Chuan Wang Li spoke up to support Su Shaoze.
“Hong Kong Island is only so big. The land is tight, the resources are limited, and the labor cost is too high. There will always be a day when the potential is exhausted. When that day comes, what should we do?”
The current economy of Hong Kong Island is completely supported by the two industries of finance and real estate. For an economy that occupies an important position in the world, this is very abnormal.
Even a little misshapen!
So, they have to find a way to make a change.
“But apart from Hong Kong Island, where else can we invest? How many days? The United States?” He Gambler said.
It is definitely not possible to invest in Sunbute. This is an empire where the sun is setting and the capital is fleeing. Investment in Sunbute will only be locked up.
As for the United States, to be honest, He Gambler and others have no idea!
This is the world’s police, the water is very deep, the top ten financial groups have demarcated the sphere of influence, any external forces will be jointly suppressed by them.
Just go to the United States to do things like this at 11, and there is a high probability that you will be killed in the end.
But at this time Bao Chuanwang and Li Chaoren were not surprised, Su Shaoze had already gotten through with them.
“I understand your concerns, but this time our goal is not Japan, nor the United States, but the island country!” Su Shaoze said softly, picked up the red wine, and watched everyone’s reaction through the wine glass.
Sure enough, He Gambler and the others were a little surprised when they heard Su Shaoze’s words: “National?”
Relying on the dividends after the war, the island country’s economy has started to develop rapidly for 30 years, and it is now the second largest economy in the world, second only to the United States.
The island country’s economy is indeed developing very fast, but is it too late to enter the market now?
“My think tank told me that the island country’s economy will not collapse in a short period of time, and there is at least three to five years of golden period.”
Su Shaoze took out the words that persuaded Bao Chuanwang and the others to He Gambler and said to them, it was all a bunch of broken data or something.
“And this time, our investments will start in the financial markets.”
The financial industry is one of the two pillars of Hong Kong Island’s economy. Although these people present are engaged in the real estate industry, they are all masters of capital and finance.
He is very familiar with the financial stock market, and listened quietly to Su Shaoze’s words.
“This time, my intelligence organization got some information, so I am going to speculate in foreign exchange and buy yen.
“For this purpose, I have mobilized 10 billion Hong Kong dollars and can enter the foreign exchange market at any time.”
Su Shaoze’s calm words shocked everyone present.
“What”
“Ten billion?”
They gasped for this number, they didn’t expect Su Shaoze to be so courageous and bold.
This is not a small goal of 100 million, but 10 billion Hong Kong dollars!
Even among the people present, some people’s net worth is less than 10 billion!
But Su Shaoze is planning to mobilize 10 billion funds to enter the foreign exchange market, it is crazy!
Even Bao Chuanwang glanced at Su Shaoze unexpectedly. He knew Su Shaoze’s plan, but he didn’t know that Su Shaoze was playing so big.
How much assets does the entire Galaxy Group have?
In the past two years, with the development of Hong Kong Island’s economy and the impact of inflation, some financial institutions have estimated that the total assets of the Galaxy Group are estimated to be around 60 billion.
Right now, Ze is betting one-sixth of the Galaxy Group’s assets!
But in fact, Su Shaoze concealed something from everyone. His investment was not 10 billion Hong Kong dollars. If he told the real figure, he was afraid that he would scare these people out of heart attack.
Because this is a very rare opportunity, just one month later, the United States will sign the Plaza Agreement with the other five countries at the Plaza Hotel.
The signing of the agreement heralded the arrival of the peak period of the island country’s economy, and also opened the prelude to the rapid appreciation of the yen, and even lifted the lid of the island country’s economic collapse four years later.
Now the yen exchange rate is fluctuating around 1 dollar to 250 yen, but in less than 2 months after the Plaza Accord took effect, it quickly appreciated to 1 dollar to 200 yen, an increase of 20%.
In the middle of 1986, 1 dollar was exchanged for 152 yen, and by the end of 1985, it reached 120 yen for 1 dollar.
In one year, the appreciation has more than doubled.
It only takes one year, and one dollar becomes two dollars. Is there an easier opportunity to make money than this?
Of course, the operation is definitely not that simple, and it involves all kinds of problems, but Su Shaoze believes that his huge financial team can help him deal with any problems.
Therefore, this time Su Shaoze did not use 10 billion, but a full 30 billion Hong Kong dollars.
Equivalent to half of the assets of the Galaxy Group, and all of them are cash!
After more than a year, it became 60 billion!
That’s a lot of money!
Naturally, the Galaxy Group couldn’t afford the money. In fact, this time, Su Shaoze didn’t spend a dime from the Galaxy Group.
All these 30 billion cash came from loans!
That’s right, it’s all the money the Galaxy Group borrowed from the Maoziguo Branch of Wing Lung Bank!
The head group lends to the branch of the subsidiary~
No problem, this is just a simple business transaction, at most the amount of the loan is a bit more.
Over the past year, Wing Lung Bank has opened a large number of banks in Maoziguo, and basically there are branches of Wing Lung Bank in major cities.
And following Su Shaoze’s instructions, Wing Lung Bank offered all depositors a deposit rate 30% higher than the current benchmark interest rate.
And the longer you save 117, the higher the interest rate!
If they can save enough for six years, the depositor will get an interest rate 50% higher than the benchmark interest rate for the same period.
In other words, for the same six-year deposit, depositing in Wing Lung Bank will earn half as much interest as depositing in other banks.
This is not a small sum of money, and the boys were moved.
And under the high-intensity publicity of Wing Lung Bank, a large number of old men deposited all their money in Wing Lung Bank.
Even enterprises in many countries regard Wing Lung Bank as an intermediary bank.
Therefore, in a short period of time, Wing Lung Bank has obtained a large amount of ruble cash, and it is still increasing every day.
And what can the bank do with depositors’ money?
Loans of course!
Therefore, this time, Wing Lung Bank has lent almost all depositors’ money to the Galaxy Group except for the necessary reserves.
Through some foreign exchange transactions, the Galaxy Group quickly obtained cash equivalent to 30 billion Hong Kong dollars.
(In reality, it is definitely impossible to be so simple and rude. It is very, very difficult to transfer the 30 billion to foreign countries. I struggled to write the process, and you are also confused when you read it. It’s a novel, so don’t take it seriously)
Although the cash came from loans and does not belong to the Galaxy Group in essence, Su Shaoze doesn’t think so.
Because he didn’t plan to repay the money at all, and he didn’t even plan to repay the money he borrowed from Wing Lung Bank in the future.
Why do you have to repay the money you borrowed based on your ability?