Reborn Business Tycoon

Chapter 236: Super Company (6) Guo Changxing thought for a while and said: "Be conservative, an average of 50% per year."

Yao Yi smiled and said, "Okay, I'll do as you say, haha."

Everyone also laughed.

Yao Yi looked at Mei Shengcai.

Mei Shengcai said: "Mr. Yao, my rate of return is linked to Mr. Yao's support for me."

Yao Yi smiled and said: "Okay, tell me your highest rate of return."

Mei Shengcai said: "At the highest level, it can reach 100% every year. It can reach 300% in three years."

Yao Yi said in surprise: "Oh, how can you achieve such a profit rate?"

Not only Yao Yi was surprised, even Mei Shengcai was surprised, and others were even more surprised.

Mei Shengcai said: "If I want to achieve this kind of rate of return, what I need is the full support of Mr. Yao, including the full cooperation of Ruishida and Credit Suisse."

Yao Yi said cautiously: "Are you sure?"

Mei Shengcai said: "I arrived at this after careful calculation."

Yao Yi said: "Let me tell you first, and I will listen."

Mei Shengcai said: "If Mr. Yao doesn't have enough confidence in me, I'd better not say anything about this, so as not to make everyone unhappy."

Yao Yi thought for a while and said: "Okay, I understand what you mean. From now on, none of you are allowed to call me Mr. Yao. Just call me Mr. Yao, or Mr. Yao. From now on, the president of Hongyao Group will be Mr. Mei, and the company

All internal assets are allocated to him, including overseas assets."

Mei Shengcai smiled and said: "In fact, for overseas assets, I only need to allocate Credit Suisse and 1,500 tons of gold. Ruishida cooperates with me, or I cooperate internally with Ruishida to provide funds to Ruishida.

Support his short-term investment operations."

Guo Changxing was worried just now that Yao Yi had withdrawn funds, leaving him with a serious shortage of short-term investment funds. Because he understood that short-term investment requires the rapid entry of a large amount of funds and the rapid withdrawal of profits. Without a strong amount of funds,

Yes, short-term operations are difficult to carry out.

Others were extremely surprised because they did not expect that Yao Yi still had fifteen hundred tons of gold and had banks abroad. This was something they had not expected.

Yao Yi said: "What do you use these fifteen hundred tons of gold for? Where do you put it?"

Mei Shengcai said: "Five hundred tons are placed in Credit Suisse Bank and used as ballast. There are also one thousand tons of gold transferred back to the country."

Everyone shouted out in surprise.

This time Mei Shengcai was shocked because even Yao Yi shouted out.

Yao Yi asked: "Why? Once this gold returns to China, it will be even harder to get it out. Our country's control over gold is very strict, and only entry is allowed but no exit is allowed."

Mei Shengcai said: "Of course I know that it is precisely because of this that we have a chance. Although the country currently controls gold, it will be relaxed in the future, and it will be relaxed sooner or later. Under the current circumstances, we have put such a large amount of

Putting gold abroad is not the best choice."

Yao Yi said: "Then what is the use of this gold entering the country?"

Mei Shengcai said: "Foreign exchange speculation?"

Everyone was stunned and silent again.

Yao Yi said: "That's right, the country now strictly prohibits foreign exchange trading."

Mei Shengcai said: "That happened last year. This year the government has just introduced new financial policies, allowing private banks to emerge, allowing private financial investment companies to emerge, and allowing banks with hard currency to carry out foreign exchange trading business."

Yao Yi said: "Oh, that means we can open banks in China, handle foreign exchange business, and carry out private financial investments. So that's what these thousand tons of gold are for, right?"

Mei Shengcai said: "I think about it this way. If you put this thousand tons of gold in other people's banks, you will do others a favor and it will not do us any good. If it is placed in China, let's not talk about other businesses for the time being.

The foreign exchange business alone is enough for us to make a fortune within three years."

Yao Yi asked: "What does gold have to do with foreign exchange?"

Mei Shengcai said: "The role of gold is mainly as a hard currency recognized by the world. Gold can be exchanged for any kind of foreign currency. So far, our country has not dared to open foreign exchange business to the outside world. A very important reason is the lack of foreign exchange reserves.

, especially the lack of gold reserves. In this case, if a large amount of hot money comes in, our financial system will be overwhelmed and lose its credit. Our banknotes embody the government’s credit. When the government’s credit goes bankrupt,

That is, the country's economy is bankrupt, so the government has adopted policies to set up barriers to prevent the massive inflow of hot money and protect the financial system."

Yao Yi asked: "Does this gold serve as a firewall?"

Mei Shengcai said: "The key is to look at it from a perspective. From the perspective of foreign exchange trading, gold serves as a standard. It is a ruler and a benchmark. Take our one thousand tons of gold as an example.

, Internationally, one thousand tons of gold is worth more than 100 billion U.S. dollars, while domestically, one thousand tons of gold is thought to be priced at 100 billion Chinese dollars. If calculated according to the official exchange rate, there is a huge profit difference."

Yao Yi said: "I don't quite understand it, it's a bit complicated."

Mei Shengcai said: "Let's calculate it this way, adding our current exchange rate of five Chinese dollars to one U.S. dollar, then converting it according to the gold standard, one thousand tons of gold is equal to one hundred billion U.S. dollars, and one hundred billion U.S. dollars is equal to five hundred billion U.S. dollars.

Chinese dollars, if we put one thousand tons of gold into the country, we have the qualifications to buy and sell 500 billion Chinese dollars. So the role of this gold is to exchange the government for giving us foreign exchange buying and selling authority."

Yao Yi asked: "Why not follow the domestic calculation method, for example, one thousand tons of gold is equal to 100 billion Chinese yuan, which is equal to 20 billion U.S. dollars."

Mei Shengcai said: "The domestic gold price is a distorted price and does not represent the true value of gold. It is artificially set by the government. The same is true for the exchange rate, so it is not recognized internationally and will not be converted according to domestic calculation methods.

When the domestic government converts with us, it will not follow the domestic process, but will follow the international rules. It is precisely because of this that we will have excess profits from foreign exchange speculation."

Yao Yiyou asked again: "When doing calculations, why did Huang Jin first convert to US dollars, and then use US dollars to convert Chinese dollars, instead of directly converting gold and Chinese dollars?"

Mei Shengcai said helplessly: "The U.S. dollar is an international currency, its role is equivalent to gold, and ten years ago, the U.S. dollar was equivalent to gold and directly linked to gold. However, the exchange relationship between the domestic Chinese dollar and gold is not a market relationship.

, cannot be converted directly, so it can only be converted into U.S. dollars first, and then converted into Chinese dollars through the exchange rate."

Yao Yi asked again: "In this case, how can we obtain the difference profit from the exchange rate?"