Rebirth of the Age of Wealth

Chapter 147 Just do it and it’s over (Second update)

Li Weidong came to the office across the road. The living room was full of people, and some were standing. Whether they were standing or sitting, the people who came here were not ordinary people.

As soon as Li Weidong entered the office, they all stood up and Li Weidong quickly waved to them to sit down.

"Everyone, I didn't entertain you well, but this is the condition now. We are all our own people, so I won't come here to show off. Everyone, sit down, everyone, sit down!"

Li Weidong looked at them one by one. Those who could come in were the absolute top management of the company. Most of them were general managers or deputy general managers, or people in charge of more important positions.

"I know that you have questions like this and that, and you feel uneasy!"

Li Weidong took out a newspaper, pointed at it and said, "Everything comes from him, from these sixteen measures. I have said before that a characteristic economy has its own characteristics, and regulation is one of them.

!”

"However, we need to see the background of these control measures. The newspaper summarized it as four highs, four heats, and two chaos!"

"To be honest, I have benefited from these overheated economic phenomena, and I have nothing to hide. I have made a little money in the stock market and a little money in real estate!"

Although the expressions of the people below were different, none of them said anything. At least Chen Gu, who had been participating, knew how Li Weidong's wealth came from.

In addition to the hard-earned money earned from repairing tractors at the beginning, later border trade and the stock market were not achieved by relying on changes in the situation. As for making a little money, this is a bit big.

"Now that stocks have gone cold, real estate has also gone cold, and now we have the development zone. This affects everyone. Your companies will be more or less related to the development zone!"

"We already have economic development zones in our county. It is said that there are more than 2,000 economic development zones across the country. They all want to be Shenzhen City, but there can only be one in Shenzhen City. I can tell you responsibly that most of the economic development zones are to be Shenzhen City.

Canceled!"

"But does it have anything to do with everyone here whether it is revoked or not? Lao Zheng's influence may be greater, and the company will be affected the most, but where your factory is, what does it have to do with whether it is an economic open zone, and production will not stop!

"

"And the foreign exchange in Mr. Zheng's hands is a good thing. He is a guest wherever he goes. What you invest in is foreign exchange. The country is lacking this now. It seems that the exchange rate has changed again recently. I heard that one US dollar can be exchanged for ten yuan.

,is that true?"

"Almost. Last month, the exchange rate restrictions at the Foreign Exchange Adjustment Center were lifted, and the RMB quickly fell to ten yuan. However, the People's Bank of China plans to invest a certain amount of US dollars in the Shanghai Adjustment Center to stabilize the exchange rate. It is expected to return soon!"

Zheng Sijing is relatively sensitive to this. He has invested nearly 100 million U.S. dollars in China. Naturally, he has long been in the eyes of relevant departments. He is listed in Beijing, Shanghai, and Shenzhen. The source of the information must be reliable.

"Then I'll quickly convert all the foreign exchange in my hand into RMB. I won't have this chance again in the future. Don't let me devalue the meeting gift you gave my son!"

Everyone laughed together, but they weighed Li Weidong's words in their hearts. Which one will rise and which one will fall, the US dollar and the RMB?

"What have you heard? The foreign exchange market must be liberalized and the exchange rate must be determined by the market. What does this mean? The financial sector must be opened up!" Li Weidong didn't pay attention to everyone's smiling faces.

The current dual-track system is indeed a bit messed up. Last year it was only seven or eight yuan, but now it is ten yuan, but the official exchange rate has not changed at all.

I don’t know if the money Yang Dazhong earned in the Shanghai stock market went out, otherwise he would have lost money due to the exchange rate.

"And this financial regulation has released a clear signal. To stabilize the exchange rate, we must rely on market stability, so openness is fundamental!" Li Weidong said again.

"Then what do these financial regulatory measures mean?"

The expressions of several people have begun to change, and they seem to have guessed it.

"Cleaning the house to welcome guests, financial regulation is to clean the house and stabilize the domestic financial order. The next step is financial opening, and the first step of financial opening is to cancel the dual-track exchange rate system!" Li Weidong possessed the magic stick.

China's foreign exchange reserves are increasing year by year, and integration is a matter of time, and if it wants to integrate into the international community, it is impossible not to open up.

"What do you have to worry about? The source of funds is clear, the project has a promising future, and banks can't find you. What are you afraid of?"

"I dare not say too much. In the next thirty years, the domestic economy may have problems of one kind or another, but there will definitely be no systemic risks.

Don’t worry about growing too fast and falling hard if you climb too high. The country will give you a cushion to help you land softly!”

"So now, we must recognize the situation clearly and look at the money! Just one word and it's done, don't hesitate!"

There are some issues that Li Weidong did not dare to say. According to the nature of the organization, the above policies are either not implemented or over-implemented.

I'm afraid there will be a one-size-fits-all approach to loan recovery within a time limit, and many good companies may not be able to survive this cold winter.

The increase in loan approval authority and the limit on the total loan amount, private lending will definitely become popular, these are new issues, but these are not issues that Li Weidong should think about.

However, from now on, this kind of macro-control has become the first of its kind, and it has become a tool that the government becomes more and more comfortable with. If the economy is overheated, I will turn off the faucet. When the economy is not good, I will turn on some water.

With Li Weidong, the things that everyone originally wanted to report were basically gone. Once they took the reassurance, they felt at ease.

Besides, they don’t have many loans in the bank, so the recovery of the loans will have little impact on them.

Although Zou Yi has direct contact with finance, he doesn't know much about domestic finance and doesn't pay much attention to it. He chatted a little with Li Weidong about the Japanese currency market.

"We have already liquidated our positions in an orderly manner. If we don't attract their attention, it will still take two to three weeks! Are you really so optimistic about the mainland's economy?"

"That is necessary. The future of the world lies in China!" Li Weidong was very confident, and of course there was a lot of bragging involved.

Zou Yi stopped talking, and his expression was, "Keep blowing, don't stop!"

"You will know later. I just took a look at the newspapers you brought here. The Hang Seng Index is less than 7,000 points. This is too low. All the funds withdrawn from Japan were used to buy stock index futures. It still has 10,000 points.

Only then can it be done!”

Although Li Weidong stayed away from the Hong Kong stock market in his previous life, he did study it after the opening of the Shanghai Stock Connect. He still has memories of several rounds of bull markets, but they are not very deep. If he hadn't accidentally seen the Hong Kong newspaper he asked Zou Yi to bring, I'm afraid he would still be there.

Unexpected!

This is the benefit of reading newspapers, it can bring back many memories!

"Mr. Li, are you kidding me? Although the Hang Seng Index has been rising in the past two years, it is still far away from 10,000 points!"

Zou Yi didn't know where Li Weidong's intuition came from, but he had done it successfully several times. Although he shouldn't be suspicious, he was still curious.

"Do you think I'm joking?" Li Weidong felt that his resistance to this older sister was a bit low. He didn't want to be the king of the sea, so he tried to keep a distance.

(End of chapter)