Chapter 1494 Don’t Worry

Since the noon of Monday, September 26, when Kirin Group, HSBC and Hong Kong Commercial Bank jointly issued a statement on the exchange of Hong Kong dollars to US dollars, all the US$50 million that Yin Jun provided to the two banks every day was exchanged immediately. Once empty, the time cannot exceed 3 hours.

Because only Yin Jun's 100 million US dollars does not limit everyone's exchange limit.

Those who have a lot of Hong Kong dollars in their hands, and those who want to exchange hundreds of thousands or millions of Hong Kong dollars, of course should exchange them all at the first time to avoid losing it in their hands.

It is worth mentioning that there is a sign in front of the exchange window specially opened for this purpose.

The sign reads "Hong Kong has a bright future, and the Hong Kong dollar will return to its normal value. Please cherish the Hong Kong dollars in your hands and don't rush to exchange them. - Yin Jun"

Anyone who comes to redeem can see this sign.

But many people shook their heads, smiled, and continued to exchange U.S. dollars.

Only a few people, after hesitating, reduced the amount they exchanged.

Of course, it is definitely not just ordinary people and the middle class who come to redeem.

US$100 million can now be exchanged for almost HK$1 billion.

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 U.S. dollars and then sell them to ordinary people.

Because for many people, the amount of two to three thousand US dollars a day is too small.

The queue of US dollars provided by Yin Jun was all redeemed before it was his turn, so he had to find scalpers to exchange some at a high price to prepare for emergencies.

On the black market, the exchange rate of the U.S. dollar is even more ridiculously high, reaching around 1:12.

Chen Youhan asked Yin Jun if he should also limit the amount of exchange. Regardless of the limit, 10,000 US dollars per person should not be too harsh.

But Yin Jun said no.

He was eager to finish exchanging the U.S. dollars as soon as possible. How could there be restrictions?

Those who went to the black market to exchange money were looking for death, and Yin Jun could not save them.

As for the financial companies that exchanged large amounts of U.S. dollars at high prices... well, to put it bluntly, they are high-end loan companies, and they will cry next month.

Needless to say, as long as a company has more than 1 million US dollars in hand, their losses will be as high as 25% or more. A loss of about 2 million Hong Kong dollars is not a small amount, and it is enough for them to feel distressed!

In the next few days, the US$100 million provided by Kirin Group was redeemed at an increasingly faster speed, causing a burst of exclamations from the media.

Just because he saw that the 100 million U.S. dollars provided by Yin Jun every day were exchanged without causing any trouble, the exchange rate of the Hong Kong dollar did not stop at all, and it broke 10 in three days.

Therefore, Kylin TV also made a special program to discuss Hong Kong's exchange rate policy.

Hong Kong's exchange rate policy is actually linked to Hong Kong's foundation as a Hong Kong.

Twenty years ago, the most talented and prestigious Financial Secretary in Hong Kong, Kwok Bowei, unswervingly implemented the free trade policy during his term of office.

What is free trade policy?

That is, "the government should do its own official duties, and the market will adjust the rest by itself."

That is to say, all things related to economic and trade are left to the market to handle, and the government will never interfere.

This is free trade policy.

Guo Bowei has been the Secretary of Finance in Hong Kong for a total of 10 years, so he has been implementing this policy for 10 years.

Since that time, Xiangjiang has gradually established an open policy of financial freedom.

Any hot money can flow in and out of Hong Kong anytime and anywhere, and the Hong Kong government will not interfere.

As a result, a large amount of hot money flowed in and out, causing Xiangjiang's financial prosperity. Twenty years later, Xiangjiang became one of the largest financial centers in Asia.

The only one that can compare with Hong Kong is Singapore.

Tokyo is inferior to these two cities in this regard.

But as the saying goes, everything has pros and cons.

Xiangjiang's monetary liberalization policy has created Xiangjiang's status as a financial center, but it has also made Xiangjiang's local currency vulnerable to impact.

Because other people’s money, whether it is pounds, Thai baht, Australian dollars, Japanese yen, etc., comes to Hong Kong and wants to clean up the accounts, then the best way is to exchange it for Hong Kong dollars, and then exchange it through a series of means other currencies.

After going around like this, all the money became clean.

However, as the Hong Kong dollar in transit, it bears a lot of risks. If something goes wrong, people will use the Hong Kong dollar to make a fuss and manipulate the fluctuations in the exchange rate to make money.

The current plummeting of the Hong Kong dollar is of course not only affected by public psychological factors, but also by many financiers who are shorting the Hong Kong dollar.

Everyone looked down upon Yin Jun's money and would not exchange it at all. Only those small companies wanted to take advantage of the opportunity to exchange it.

They thought that Yin Jun was mantising himself, but only Yin Jun knew that the real people who were mantising himself were these financial speculators.

Because this time their opponent is the Hong Kong government that is determined to keep the Hong Kong dollar.

Even giants like Soros, who led several of the top investment companies in the United States and came to Asia to make trouble, did not touch Hong Kong immediately.

what reason?

Xiangjiang's financial strength ranks among the top three in these countries and regions. They can withstand most risks by relying on their own strength alone.

After Soros and others finished harvesting in Thailand, Singapore, Malaysia, South Korea and other places, they came to Xiangjiang to fight to the death with huge funds and power.

These financial speculators today are no different than the Soros Group in 1997. How can they fight against the Hong Kong government?

People are the ones who make the rules. A change in the law can freeze tens of billions of dollars in funds. No matter how much money you have, it will be of no use!

…

When Yin Jun came to Le Yiling's office, Sister Le was on the phone giving instructions.

Le Yi Ling works for more than 3 hours every day, answering all kinds of phone calls, which is very hard.

This is the workload after she handed over a lot of 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. Are you sure your judgment is correct?" Le Yiling said directly, "We have already exchanged 600 million US dollars and left! And the total we have prepared is only 2 billion! "

"Sister, don't worry. If the Xiangjiang government remains indifferent, then Xiangjiang will be over." Yin Jun said, "If they are so willing, we deserve to lose. But this does not hinder our muscles and bones, right?

As long as you give me three years, I will be able to wipe out this 2 billion bill. It’s amazing that I packaged and listed companies from the United States! "

"Forget it about going public!" Le Yiling subconsciously refused, "Kilin Culture and the United States are both developing by leaps and bounds. Our monthly pre-tax profits exceed 2 billion Hong Kong dollars. As long as we persist for a few more years, A loss of 2 billion U.S. dollars is nothing...and you didn’t lose all of it at all, okay? It was just converted into Hong Kong dollars, and the depreciation was 30% at most, right? I don’t believe that Hong Kong collapsed just like that!?"

As he spoke, Le Yiling's tone naturally shifted to Yin Jun's side.

She won't trust others, but she will definitely trust Yin Jun.

Besides, all the money was earned by Yin Jun. Even if he lost most of it, as long as he had the foundation, why would he still shoot? I can come back one day!

This is just like speculating in real estate and stocks. Those who lose money in a panic are usually people with little foundation.

They lost because they couldn't keep their composure, selling in advance or waiting until the peak to buy.

People with a stronger foundation are more stable, so they can make more money in a chaotic environment and survive until the end.

The young man laughed unconsciously, "Sister, believe me, just wait until October for us to get rich!"

"It doesn't matter whether you make a fortune or not, but you have to reduce this kind of speculative investment in the future, you know?" Le Yiling said seriously, "I like the down-to-earth way you did things before, just like Qilin Culture In that way, a step-by-step approach from comics to stand-alone books, from stand-alone books to animations, and then from animations to peripheral products is what suits us best."

"I see."

Yin Jun's heart was filled with emotion.

In this world, apart from his women, there are three people who care about him the most.

Wei Xiaofan counts as one, Aunt Zhang counts as one, and the rest is Le Yiling in front of her.

"By the way, you called me mysteriously. Why do you want to see 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 manuscript, but what she saw in her hand was pictures.

I originally thought this might be a cartoon, but upon closer inspection, it looked like a group of buildings.

"Is this... this group of exhibition halls?" Le Yiling was now very discerning and figured out the taste while looking at it, "You want to build a convention and exhibition center?... Hey, this hotel is so unique!"

Yin Jun laughed.

Of course it has its own characteristics.

Compared to the Convention and Exhibition Center, this hotel has been rated as one of the five best hotels in the world, and is also known as one of the most expensive hotels. It is an absolute classic!

It is the Sands Hotel Singapore.

Just talking about this name, many people may not know it.

But as long as you tell others that this is the hotel that looks like a long, pointed boat placed on top of three hotel buildings, and has the highest and best outdoor infinity pool in the world, everyone will suddenly understand.

The top floor of the Sands Hotel is actually a sky garden. In addition to the open-air garden, green corridors, and gourmet restaurants, the most famous infinity swimming pool is also a show-off tool for countless Internet celebrities and petty bourgeoisie young people.

Even if they borrow money to max out their credit cards, many people still want to stay one night, take a picture while lying on the infinity pool, and post it to Weibo and WeChat Moments.

What the boy showed Le Yiling was the design drawing of the new Xiangjiang Convention and Exhibition Center.

The exterior layout of the Convention and Exhibition Center was based on what Yin Jun remembered. It still looked a bit like an armored turtle. Although it was not as good as the Sydney Opera House, the overall layout was more stable.

This "turtle" lies on a protruding piece of reclaimed land, which happens to stick out of Victoria Harbor, which is very meaningful.

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 while lying on the infinity pool.

It's definitely a pleasure to watch the pulse of the entire city under the breeze and at sunset.

Hong Kong happens to be about the same size as Singapore, so the effect is the same.

As long as it is built, even the Peninsula Hotel and the Mandarin Oriental Hotel will have to be defeated.