Rebirth of Hong Kong 1981
Chapter 409: Ten billion cash
Chapter 409 Ten Billion Cash
The same is true for other traders, who also do not understand why the Hang Seng Index fell.
However, the Hang Seng Index fell, so that their originally tense nerves were finally relieved.
So everyone is staring at the data screen without any other action.
This morning, after Yang Chen arrived at the trading room, they had already been informed that the trading was temporarily suspended.
There will be no trading today and the next two days, so as to give large investors and investors a buffer time.
If the Hang Seng Index just fell, he would dump the order, which will inevitably cause a herd effect.
If that were the case, the little leeks on the bottom layer might not even have roots left in the end.
As for the decline of the Hang Seng Index, whether there will be people buying it, he is not worried at all. The stock market crash in 1973 and the broader market fell, and some people swept the market.
This time the Hang Seng Index started to decline so little, someone will definitely enter the market waving banknotes in two days.
The Hang Seng Index must not plummet from the beginning, otherwise, his short-selling plan will fail.
His 10 billion capital has only entered 3 billion now, and there is so much left. If he can't get rid of it, it will not be a waste.
His game console is about to go into the next step of production. In order to prevent the game console from being sold out, he is rushing to store 200 million game consoles.
With such a large amount, the cost alone can drain his current funds.
Next, he is going to borrow money, from HSBC and Standard Chartered to borrow several billion more. He now has nearly 10 billion in cash, and he is not afraid that the two banks will not lend him money.
During his trip to France, he earned US$1 billion, which was 5 billion in Hong Kong dollars. Before long, he made another 4.3 billion in the Hang Seng Index. In addition to the initial loan of 2 billion from HSBC for the expansion of Carrefour and the acquisition of Kowloon outside the bus.
Only the previous loan of US$200 million to Standard Chartered Bank to go short in France has not been repaid, all of which were used to acquire Standard Chartered's Hong Kong retail supermarket and Standard Chartered Bank's retail stores in other parts of Asia.
HSBC's $100 million short loan was repaid directly after he returned from France. After all, the $100 million was a loan he borrowed from Xue's shares, and he couldn't repay it if he didn't.
In other words, the loans on him add up to only 3 billion, while the cash, 5 billion plus 4.3 billion, plus the 1 billion he shorted the Hang Seng Index, has reached 10.3 billion Hong Kong dollars.
10.3 billion Hong Kong dollars, or about 2 billion in US dollars. According to the hardware cost of a game console, the average is about 15 US dollars, and the reserve of 200 million units is close to 3 billion US dollars.
With this little money in his hand, if he does not take out a loan, it will not be enough to spend it all.
Even if there is a part of the cost that he can owe first, his money is just enough. If he runs out of cash on hand, he will be in trouble.
A little carelessness and improper handling may lead to overturning.
Therefore, a loan is inevitable, and he is also prepared to borrow as much as he can, so that he has enough cash on hand.
Use the money borrowed from the bank to advance the cost of the game machine to him, while his own money continues to be deposited in the bank for emergencies.
As for the previous investment in grain and oil processing plants with Inland and Huo Daheng, this is not an investment that can be invested at once.
This must wait until Huo Daheng has gone to the inland to inspect and everything is ready before it is his turn to pay.
On Zhao Ship King's side, he had already set the time when he discussed it. Even if the fleet and the Asian business were handed over, the money would not be settled until the end of the year.
One billion is not a small sum, no matter how anxious Zhao Chuanwang is, he can only wait.
Of course, after dismantling the Asian business and fleet, Huaguang will be greatly reduced in addition to the debt pressure, so that the pressure on Zhao Chuanwang will be much less.
Moreover, even if such a big company is split, it will take time to integrate, a few months, which is really not long.
The arm was aching, and Yang Chen was pulled out of his thoughts.
looked down and saw He Chaoqiong beside him clutching his arms tightly with both hands, his excited nails sinking into his flesh.
Yang Chen suddenly felt speechless.
didn't say much, looked up at the data screen, and saw the Hang Seng Index wandering back and forth slightly at 1800, and the people who watched it were anxious.
In front of him, He Hongtao clenched his hands into fists, and the veins on his arms burst out, showing how excited the other party was.
Affected by the decline of the Hang Seng Index, many traders are also excited. They stare at the trend of Hang Seng with wide eyes, even if a small index rises or falls, it can affect their nerves.
'These people really can't hold their breath. ' Yang Chen shook his head, secretly sighing for these middle-aged people who are old and young.
Of course, this means that he knows the trend of the Hang Seng Index, otherwise facing this situation, he will not be much better than others.
Different from the nervousness in the trading room, Taipan Wang finally started his busy day after receiving the news that the Hang Seng Index fell.
The drop of the Hang Seng Index is not an accident.
The interest rate hike by the Association of Banks is bound to have a certain impact on the Hong Kong economy. The decline of the Hang Seng Index is inevitable. As for the impact and the extent of the decline, no one knows.
It may recover in a few days, or it may continue to have an impact. As for the plunge, no one has thought about it.
Judging from the current Hong Kong economy, the market is stable, and nothing can affect the HSI plummeting event.
Of course, things like the economy, especially the free market of Hong Kong, the direction of the economy has never been controlled by human beings.
Sometimes political influence is much bigger than external economic pressure, especially at this critical juncture, the two countries are preparing to negotiate the Hong Kong issue.
Politics affects the economy, even in capitalist countries.
In later generations, he read a lot of novels, how powerful and powerful the capitalists are, and the capitalist countries are all controlled by the capitalists, and he began to believe this.
Later, Yang Chen finally understood that a big fist is the last word.
No matter how powerful the capitalists are, as long as they are determined to rectify you, no matter how rich you are, you will be blind.
The richer he is, the more low-key he is.
The richest man in the later generations, Li Bu, also began to hide little by little after his business empire was stabilized.
The four major grain merchants in later generations, each and every one of the cows beeped, and they buried themselves in the soil silently, covering them up tightly.
Therefore, politics is really not something that capitalists play, and they honestly follow behind to make money.
As long as his strength reaches a certain level, the country will naturally come forward to protect him.
—
(end of this chapter)
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