Chapter 19 Entering the Foreign Exchange Market 2
September 21, 1985.
1 Queen's Road, Central, Hong Kong and Shanghai Banking Corporation Building.
Looking at the majestic colonial buildings of the British, Li Yangshu couldn't help but think of the song Lao Luo sang, "Why is there no palace on the east side of Queen's Road?"
Li Yangshu, dressed in an exquisite suit, slowly walked into the foreign exchange department of HSBC Bank and directly expressed his request to speculate in foreign exchange.
The person who received him was a local employee in Xiangjiang. After the introduction, they found that they were still from the same family 500 years ago, and the employee was named Li Junming.
Li Junming also recognized Li Yangshu as the singer who had an affair with Lin Qingxia, but he was not surprised. After all, artists are too common in Hong Kong.
Yes, since Lin Qingxia stood up for Li Yangshu twice, the media industry in Xiangjiang has given the two a huge wave of publicity.
The messy entertainment newspapers wrote all kinds of random things, such as "Lin Qingxia stood up for her little lover many times, Qin and Han were abandoned", there was also the popular "Wan Wan Shuang Qin lost to Xiangjiang Xiao Li", and there was also a pornographic article "S Lin Qingxia and...
The story that Li Yangshu has to tell" etc.
Li Yangshu doesn't care about this at all. He is a reporter himself. If he is serious, he will suffer from depression one day.
People's mentality is very important. Just like in the previous life, if you can get by, you will be Liu Jialin, if you can't, you will be Lan Jieying.
Li Junming warmly received his client and said with a smile: "Li Sheng, I'm sorry, because the delivery locations of foreign exchange transactions are all overseas, so the bank has regulations that the minimum amount accepted is 500,000 Hong Kong dollars."
"I know." Li Yangshu nodded, took out a few checks from his bag and handed them over.
Looking at the huge sum of money in front of him, Li Junming said in surprise: "Li Sheng, are you sure you want to invest so much money in the foreign exchange market?"
As an employee of HSBC, Li Junming is used to seeing money, but the client in front of him looks to be 20 years old at most. Even if he sings for a few days, where does he get 4 million? If singing can make money like this, then he should just sing.
Why are they all playing in finance?
Or is Lin Qingxia really taking care of her? This is the only answer Li Junming can think of.
"Well, they are all invested. By the way, can you apply for 20 times leverage for me?"
"Please wait a moment, I'll call our manager."
Li Yangshu surprised Li Junming again. He hurriedly got up and went to the office to call someone.
Today's foreign exchange transactions all need to go through banks and foreign exchange dealers around the world, and then there is a foreign exchange transaction settlement system, and everyone makes delivery through telex, phone, etc.
In the mid-to-late 1980s, before the advent of the Internet, a form of electronic foreign exchange trading became popular, namely "Reuters Dealing" developed by Reuters.
By today's standards, this system is very backward, but at the time, it was very advanced. It was more like a real-time, turn-off network communication system.
If the Internet had not been invented, this system might still be in use today.
Soon, a middle-aged Chinese man in his thirties walked quickly and reached out to shake hands with Li Yangshu.
"Hello Li Sheng, my name is Zhang Xingjian. I like listening to your songs very much, especially the song "Scoundrel". I will be your account manager from now on. If you have any questions, you can contact me at any time."
"Thank you, Mr. Zhang. I still have the same question. Can you apply for 20 times leverage for me?"
Zhang Xingjian kindly reminded: "Li Sheng, if the leverage is 20 times, as long as the fluctuation is 5%, you may go bankrupt... We need to inform you in detail about the risks involved!"
Li Yangshu still smiled and responded: "It's okay, just do it if you can. You have to gamble a lot in life. If you don't gamble, how will you know whether you win or lose."
What a loser. If it wasn't my first time to speculate in foreign exchange, I would never have paid attention to the foreign exchange trend of the yen in my previous life, so I had to use 50 times leverage.
Only the Americans and Li Yangshu clearly know that the "Plaza Agreement" will be signed tomorrow.
Don't think that rebirth is omnipotent. Americans are still better than you without rebirth.
The next step is to sign some agreements and risk notifications.
At this point, Li Yangshu’s 4 million Hong Kong dollars will be invested in the foreign exchange market from now on, shorting USD/JPY.
On September 22, 1985, the finance ministers and central bank governors of the United States, RB, the Federal Republic of Germany, France and the United Kingdom (referred to as the G5) held a meeting at the Plaza Hotel in New York to reach a joint intervention in the foreign exchange market by the five governments to induce the dollar to weaken against major currencies.
An agreement to depreciate the exchange rate in an orderly manner to solve the problem of the huge U.S. trade deficit.
Because the agreement was signed at the Plaza Hotel, the agreement is also known as the "Plaza Agreement".
After the signing of the "Plaza Accord", the above-mentioned five countries began to jointly intervene in the foreign exchange market, selling a large amount of U.S. dollars in the international foreign exchange market, which then formed a selling frenzy among market investors, leading to a sustained and substantial depreciation of the U.S. dollar.
In less than three months after the agreement was signed, the U.S. dollar quickly fell to about 200 yen per U.S. dollar, a drop of 20%.
In his previous life, Li Yangshu usually didn't care about the specific situation in this area, but he was still aware of the most common and even bad news.
Therefore, Li Yangshu will definitely make this money, but he will not leave this money in the foreign exchange market for a long time. His goal is only to make 20% of the profit in the short term of three months, 16 million Hong Kong dollars. Of course, some HSBC interest and interest payments must be deducted.
Handling fee.
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One day ago, Lin Qingxia’s house.
There was a loud banging on the door.
The Filipino maid informed Lin Qingxia through the peephole and opened the door.
As soon as he saw Lin Qingxia, Li Yangshu greeted with a playful smile: "Sister Qingxia, are there any filming announcements these days?"
"No, what have you been doing if you haven't been singing these days?"
Li Yangshu directly hit the snake on the stick and teased: "Oh? You went to Haicheng to see me? It means that Sister Qingxia still has me in her heart."
The little aunt's face turned slightly red, and she smiled and argued: "I've made so many mistakes on my own, but who cares about you? Tell me, what do you want from me?"
"No, I just came to see my girlfriend."
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The shy little aunt stretched out her beautiful hand and patted Li Yangshu's arm gently, saying: "Then you went to the wrong place, there is no girlfriend here."
Li Yangshu stood up and went to the newspaper storage box, pulled out the rumor-mongering newspapers and periodicals from a few days ago, placed them on the coffee table, and said: "Who said there is no such thing? The newspapers said that you are my girlfriend, how come you don't admit it when you come here?
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Since you don’t admit it, why don’t you sue these newspapers?”
Another tap on the arm: "Okay, don't mess around and talk about business first, otherwise you won't come to my house alone."
"Okay, I told you not to be angry. I want to borrow some money from you."
"How much." The little aunt was a nice person and immediately picked up her wallet and prepared to pay.
"One million... Hong Kong dollars."
The little aunt looked stunned and asked again: "Are you sure it's 1 million? What do you want to do?"
Li Yangshu pretended to be sad, lit a cigar silently, and began to perform: "I went to the United States a few days ago.
I happened to meet a woman on the plane, and they chatted all the way, and they both liked each other.
Then...at night...just like that.
Unexpectedly, that woman insisted on me marrying her, otherwise she would sue me for XX. Now he has the evidence of the little umbrella in his hands, and he also asked me to give him 1 million as a dowry.
Is there nothing I can do about it?"
Lin Qingxia thought Li Yangshu was teasing her again, so she laughed and said, "Stop lying."
An actor's self-cultivation is to cry whenever he wants. Seeing Lin Qingxia laughing, tears filled Li Yangshu's eyes. He looked at his little aunt sadly and said: "Really, I don't think I should lie to you. After all, help me."
So many times."
Seeing her tears, Lin Qingxia burst into tears and shouted: "No, Li Yangshu, get out of here."
Chapter completed!