Rebirth of the Great Entertainment Empire

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As early as the end of June, that is, before going to the mainland to meet Mr. Deng, Xu Cun asked Zheng Haiquan to exchange the 2.4 billion Hong Kong dollars in liquidity of Baye Bank and the 700 million Hong Kong dollars in liquidity of Sun Hung Kai Bank, a subsidiary of Baye Bank, into U.S. dollars for backup. ——At that time, the ratio of US dollars to Hong Kong dollars was about one to nine.

Not only that, Xu Cun also exchanged his two billion Hong Kong dollars in Swiss banks and the 300 million Hong Kong dollars in working capital of DreamWorks, Huangtu Land, DreamWorks Records Group, DreamWorks Brokerage Company, DreamWorks Cinemas and other companies into Reserved dollars.

(The advance payment of 600 million Hong Kong dollars allocated by Xu Cun to Chen Yaoqing and the 200 million Hong Kong dollars advanced payment to Lee Shau Kee are all the rent earned by Huangtu Land and the money earned by "The True Colors of Heroes" and "Royal Sister 3".

Huangtu Land: The annual rent of buildings such as Federal Building, International Building, Queen's Building, Entertainment Building, and Shin Kong Building totals 450 million Hong Kong dollars.

"The True Colors of a Hero": Hong Kong box office, 42 million Hong Kong dollars. The Taiwanese box office is NT$76 million. Nanyang box office, eleven million US dollars. Japanese box office, 3.9 billion yen. Korean box office, $800,000. North American box office, $21 million. Central and South American and European box office, 18 million US dollars.

After deducting production costs and publicity costs, "The True Colors of Heroes" earned Xu Cun a total of 24 million US dollars.

"Royal Senior Sister 3": After deducting production costs and publicity costs, "Royal Senior Sister 3" made a profit of 29 million US dollars for Xu Cun. )

In addition, Xu Cun is also planning to take a loan from Huangtu Land, his most valuable property. For these two pieces of land in the second section of Admiralty, "Huangtu Land" can probably borrow 600 million U.S. dollars.

In addition, the Bank of China Group provided Xu Cun with an internal bank interest loan of US$300 million.

Xu Cun raised a total of 1.5 billion US dollars.

Why did Xu Cun raise such a large sum of money?

September 1983.

Affected by the Sino-British talks, the exchange rate between the Hong Kong dollar and the U.S. dollar plummeted.

The U.S. dollar to Hong Kong dollar ratio of 9.6 is only an official price, and it is a price without a market. On the black market, when the U.S. dollar to Hong Kong dollar ratio was the highest, it had already reached 1 to 11.

Xu Cun remembers very clearly that in mid-October this year, people from all walks of life in Hong Kong and the public opinion circle strongly criticized the British government's attempt to use "economic cards" to pressure China to make concessions. measures to stabilize the situation. Under pressure, the British Hong Kong government announced that the pegged exchange rate between the Hong Kong dollar and the U.S. dollar would be 7.8 to 1 forever, and at the same time, the tax on deposit interest in Hong Kong dollars would be abolished.

The purpose of Xu Cun raising this money is naturally to earn the price difference.

but--

This good opportunity allowed Xu Cun to only earn 200-300 million US dollars, which was far from satisfying Xu Cun's greedy heart!

Therefore, Xu Cun is going to use the double-edged sword of foreign exchange leverage to play big games.

Today's Xu Cun is no longer the loner he was when he first came to Xiangjiang—now, Xu Cun has a large number of military advisers, advisers, and generals under his command. The most powerful of them are He Chaoqiong, Yuan Tianfan, Zheng Haiquan, and Mei Aifang, whom Xu Cun trusts the most.

With these people working for Xu Cun, Xu Cun naturally doesn't need to worry about trivial matters - as long as Xu Cun grasps the direction, other things will naturally be done for him.

It took only one day for Zheng Haiquan to help Xu Cun find out the bank that can provide Xu Cun with the most favorable conditions - Citibank.

The Citibank Zheng Haiquan was looking for was not the Citibank branch in Xiangjiang, but the head office at 399 Park Avenue in New York City.

Citibank is willing to provide Xu Cun with a loan of 700 million U.S. dollars, using Huangtu Land, which does not have the two pieces of land that have been mortgaged to the Bank of China Group, the old wing of the Miramar Hotel and the second section of Admiralty.

Knowing that Xu Cun is going to use at least one billion US dollars to do foreign exchange between US dollars and Hong Kong dollars, Citibank is willing to provide Xu Cun with fourteen times leverage.

The maximum leverage was only fourteen times, which made Xu Cun somewhat disappointed.

but--

Xu Cun can understand this - although, in formal and regulated foreign exchange transactions, the maximum leverage of US G is 50 times, and the maximum leverage of British G is 100 to 200 times, but this is only when the funds are not large in the case of. Take Xu Cun's 1.6 billion US dollars as an example: If Xu Cun's 1.6 billion US dollars is matched with a 100-fold leverage, it becomes 160 billion US dollars. The question is, in the early 1980s, how many banks could provide such a large amount of money, especially in a short period of time? Moreover, today's Hong Kong dollar is extremely unstable. God knows whether the Hong Kong dollar can be devalued to the extent of the Japanese yen?

Later, Xu Cun went to talk to Song Lihui in person—due to the alliance between Baye Bank and Bank of China Group, Song Lihui held a shareholder meeting to discuss and gave Xu Cun a leverage of twenty times, but at the same time gave Xu Cun There is an upper limit of 500 million U.S. dollars for deposits, and the stop loss line is set extremely conservatively.

At the beginning of September, Xu Cun, He Chaoqiong, Zheng Haiquan and a team of 74 people began to build positions in the supreme trading room of the Bank of China Group headquarters, and began to sweep Hong Kong dollars at 9:4.

The next day, Xu Cun, Yuan Tianfan, Mei Aifang and another team of 82 people flew to New York.

On the same day, Xu Cun and others opened a position in the supreme trading room of the Huazu Bank headquarters, and also started sweeping Hong Kong dollars at 1 to 9.4.

...

As soon as the second round of Sino-British negotiations began, the British G insisted on the position of "separation of sovereignty and governance", that is, "under the principle of recognizing the sovereignty of China and the UK over Xiangjiang, the British G will generally govern Xiangjiang as it did in the past."

China, on the other hand, insists on the inseparable position of sovereignty and governance. The so-called "sovereignty belongs to China and governance belongs to Britain" essentially denies China's sovereignty and replaces the old one with a new unequal treaty. Unequal treaties are absolutely unacceptable to China.

Therefore, the second round of negotiations quickly broke up.

Then came the third round of negotiations...

The fourth round of negotiations...

China and Britain have always been unable to agree on the sovereignty of the Xiangjiang River.

Because there was no substantive progress in the negotiations, the prospects were very uncertain, Hong Kong's people's hearts fluctuated, and the Hong Kong dollar exchange rate and the stock market fell sharply.

In this regard, the British G government and the Hong Kong British authorities not only did not take measures to stabilize the situation, but instead contributed to the flames, taking the opportunity to play the "economic card" and put pressure on China G.

As a result, the ratio of the U.S. dollar to the Hong Kong dollar quickly climbed to 1:9.6, and Hong Kong dollars were sold everywhere in the foreign exchange market.

Such a situation allowed Xu Cun to sweep the Hong Kong dollar surprisingly smoothly, so that before the ratio of the U.S. dollar to the Hong Kong dollar climbed to 1:9.6, Xu Cun had no funds in hand.

Afterwards, Xu Cun left Su Ping's team and five other six-member teams to protect Mei Aifang and Yuan Tianfan, while he himself returned to Xiangjiang first.

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