Chapter 1501 Don't worry
Since noon on Monday, September 26, Kirin Group, HSBC and Xiangjiang Commercial Bank jointly issued a statement on the exchange of Hong Kong dollars for US dollars, all the 50 million US dollars provided to the two banks every day were exchanged at the first time, and the time lasted only 3 hours.
Because only Yin Jun’s 100 million US dollars does not limit everyone’s redemption amount.
Those who have more Hong Kong dollars in their hands, hundreds of thousands or millions of dollars, of course, they should be exchanged as soon as possible to avoid being thrown into their hands.
It is worth mentioning that there is a sign in front of the exchange window specially opened for it.
The brand says "The future of Xiangjiang is beautiful, and the Hong Kong dollar will definitely return to normal value. Please cherish the Hong Kong dollar in your hand and don't rush to exchange it. Yin Jun"
Anyone who comes to redeem can see this brand.
But many people shook their heads and smiled and continued to exchange US dollars.
Only a small number of people have reduced the amount of exchanges they can exchange for after hesitation.
Of course, it is definitely not just ordinary people and the middle class to exchange it.
100 million US dollars can now be exchanged for almost 1 billion Hong Kong dollars.
How many middle-class people in Hong Kong can exchange so many Hong Kong dollars into US dollars in one day?
Not to mention that all major banks can exchange it.
In fact, on the third day, Chen Youhan told Yin Jun that some financial companies or investment companies came to exchange US dollars and then sold them to ordinary people.
Because for many people, the amount of US$2,000 or 3,000 a day is too small.
The team that Pai Yin Jun provided was not his turn, so he was exchanged all, so he could only find scalpers to exchange for a high price in case of accidents.
In the black market, the exchange rate of US dollars is even more outrageous, reaching around 1:12.
Chen Youhan asked Yin Jun if he wanted to limit the redemption limit, not to mention how much it was, each person had a $10,000 USD, so it shouldn't be very strict.
But Yin Jun said no.
He wished he could exchange the US dollar earlier, how could he limit it?
Those who went to the black market exchange were seeking death by themselves, and Yin Jun could not save them.
As for financial companies that exchanged large amounts of US dollars for high prices... Well, to put it bluntly, it is the high-x loan company, and they will cry next month.
No need to go too much. As long as a company has more than 1 million US dollars in hand, their losses will be as high as 25%, and the loss will be about 2 million Hong Kong dollars. It is not a small amount, and it is enough for them to feel distressed!
In the next few days, the 100 million US dollars provided by Kirin Group were exchanged at an increasingly rapid pace, which caused a burst of exclamation from the media.
Just because he saw that Yin Jun provided 100 million US dollars every day, he was exchanged without even causing any waves. The exchange rate of the Hong Kong dollar did not stop at all, and it broke 10 three days later.
Therefore, Qilin TV also specially created a program to discuss Xiangjiang's exchange rate policy.
Xiangjiang's exchange rate policy is actually related to the foundation of Xiangjiang's port establishment.
More than twenty years ago, Guo Bowei, the most talented and prestigious Financial Secretary of Xiangjiang, unswervingly implemented the free trade policy during his term of office.
What is a free trade policy?
That is, "the government does its own official duties well, and the market will adjust the rest of the things."
That is to say, leave all the things about economy and trade to the market to deal with themselves, and the government will never interfere.
This is the free trade policy.
Guo Bowei has been the director of the Finance Department in Xiangjiang for 10 years, so he has been implementing this policy for 10 years.
From that time on, Xiangjiang gradually established the policy of openness and openness of financial freedom.
Any hot money can flow in and out of Xiangjiang anytime and anywhere, and the Xiangjiang government will not interfere.
As a result, a large amount of hot money flowed in and out, which led to the financial prosperity of Xiangjiang. Twenty years later, Xiangjiang became one of the largest financial centers in Asia.
The only thing that can be compared with Hong Kong is Singapore.
Tokyo is not as good as their two cities in this regard.
But as the saying goes, everything has its advantages and disadvantages.
The free and free currency of Xiangjiang has created Xiangjiang's financial center, but it also makes Xiangjiang's local currency easily impacted.
Because other people's money, whether it is British pound, Thai baht, Australian dollar, Japanese yen, etc., when you come to Hong Kong to do a whitewash, the best way is to exchange it for Hong Kong dollars, and then exchange it for other currencies through a series of means.
After walking around like this, all the money became clean.
But as the Hong Kong dollar that is transferred in it, it bears great risks. If it is not good, people will use the Hong Kong dollar to make money, thereby manipulating the fluctuations in exchange rates to make money.
The current Hong Kong dollar plummets, of course, is not only due to the psychological factors of the people, but also many financiers are shorting the Hong Kong dollar.
People don’t like Yin Jun’s money and don’t want to exchange it at all. It’s just that those small companies want to take the opportunity to exchange it.
They think Yin Jun is a mantis chariot, but only Yin Jun knows that the real mantis chariot is these financial speculators.
Because this time their opponent is determined to protect the Hong Kong dollar.
Even a giant like Soros led several of the best investment companies in the United States and came to Asia to make trouble, but they didn't even touch Xiangjiang at the first time.
What's the reason?
Xiangjiang's financial strength ranks among the top three in these countries and regions. It can withstand most of the risks by relying solely on their own strength.
After the harvest was completed in Thailand, Singapore, Malaysia, South Korea and other places, Soros came to Xiangjiang to fight to the death with huge funds and power.
Now these financial speculators are not a little worse than the Soros Group in 1997. How do they fight against the Xiangjiang government?
People are the people who make rules. A legal change can freeze tens of billions of dollars in funds to death. No matter how much money you have, it will be useless!
...
When Yin Jun came to Le Yiling's office, Sister Le was calling to instruct things.
Every day, Leyiling is working for more than 3 hours and is always answering various calls, which is very hard.
In this way, she will have the workload after she handed over a lot of the work to the secretariat below, otherwise Le Yiling would have worked twice as hard.
When she saw Yin Jun, she finished speaking in a few words, hung up the phone and frowned.
"The Xiangjiang government has no intention of taking action at all. Are you sure you have made a judgment right?" Le Yiling said directly, "We have exchanged 600 million US dollars and we have only prepared a total of 2 billion!"
"Sister, don't worry, if the Xiangjiang government can remain indifferent, then the Xiangjiang will be over." Yin Jun said, "If they are willing to let it go, we deserve it if we lose. But this does not hinder our muscles, right?
As long as I give me three years, I will definitely be able to eliminate the 2 billion bill. It’s amazing that I packaged the US and US companies to list!”
"Let's forget it when you go public!" Le Yiling subconsciously refused, "Kirin Culture and the United States are developing rapidly. Our monthly pre-tax profit exceeds HK$2 billion. As long as we persist for a few more years, a loss of US$2 billion is nothing... And you don't lose all of it at all, okay? It's just that it's changed to HK$30%, depreciation is at most 30%. I don't believe that Xiangjiang collapses!?"
As he spoke, Le Yiling's tone naturally turned to Yin Jun's side.
She won't trust others, but she will definitely trust Yin Jun.
Besides, Yin Jun earned all the money back. Even if he lost most of it, as long as he had a foundation, why would he shoot? He would come back one day!
This is like speculating in real estate and stocks. Those who lose money in panic are usually people with no foundation.
They lose because they can't keep their breath, sell in advance or wait until the peak before buying.
The thicker the foundation, the more stable the person can be, so that he can make money in a chaotic environment and end up with the end.
The boy laughed unconsciously, "Sister, believe me, wait for us to get rich in October!"
"It doesn't matter whether you get rich or not, but you have to reduce this speculative investment in the future, do you know?" Le Yiling said seriously, "I like you doing things in a down-to-earth manner like Kirin Culture, from comics to single-line books, from single-line books to animation, and from animation to peripheral products, this step by step is the most suitable for us."
"I see."
Yin Jun's heart was full of emotion.
In this world, besides their own women, there are only three people who care about themselves the most.
Wei Xiaofan calculated one, Aunt Zhang calculated one, and the rest was Le Yiling in front of her.
"By the way, you're calling mysteriously. What's the matter coming to me?" Le Yiling asked.
"Sister, come and take a look at this." Yin Jun took out a stack of drawings from his bag.
At first, Le Yiling thought it was a script, but what she saw in her hand was a picture.
I originally thought this might be a comic, but when I looked closely, it looked like a complex of buildings.
"Is this... this exhibition hall group?" Le Yiling's vision is already very high now, and she figured out the taste while looking, "Do you want to build an exhibition center?...Huh, this hotel is so unique!"
Yin Jun laughed.
Of course it has its own characteristics.
Compared with the Convention and Exhibition Center, this hotel is rated as one of the five best hotels in the world and is also known as one of the most expensive hotels. It is absolutely classic!
It is the Sands Hotel in Singapore.
Maybe many people don’t know this name just.
But just tell others that this is the hotel that is like a big, sharp and long boat placed above three hotel buildings and has the tallest and best outdoor infinity pool in the world, and everyone will suddenly realize it.
The top floor of Jinsha Hotel is actually built with an air garden. In addition to the open-air garden, green corridor and gourmet restaurant, the most famous infinity swimming pool is also a tool for countless internet celebrities and young people to dress up.
Even if you borrow money to swipe your card, many people still have to stay for one night, then lie on the infinity pool and take a photo and send it to WeChat Moments.
What the boy showed to Leyiling was the design artwork of the Xiangjiang New Convention and Exhibition Center.
Yin Jun came from the exterior layout of the exhibition center according to memory, and still looked a bit like an iron-armored turtle. Although it is not as good as the Sydney Opera House, it is more stable overall.
This "turtle" lies on a protruding reclamation land, and it just extends out of Victoria Harbor, which has a very meaningful meaning.
However, the New World Seaview Hotel and Grand Hyatt Hotel behind are simply not as good as this Sands Hotel.
At the Sands Hotel in Singapore, you can see the beautiful scenery of the entire city by lying in the infinity pool.
It is definitely a pleasure to just watch the pulse of the entire city in the breeze and when the sun sets.
Hong Kong happens to be about the same size as Singapore, so the effect is the same.
Chapter completed!