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Chapter 68 [Scared Shrimp Boys]

Chapter 68 [Scaring the Shrimp Boy] (Please vote for me!)

Author: Ren Zhufei

Chapter 68 [Scaring the Shrimp Boy] (Please vote for me!)

On the second floor of the Yangtze River Bank, Lin Zhichao and Lee Shau-kee were sitting together, making tea and chatting.

He did not regard Lee Shau-kee as a subordinate, but as a partner. Not only was Lee Shau-kee from Shunde, but also because Lee Shau-kee's ability and character were worthy of his support.

Lin Zhichao pushed an envelope in front of Lee Shau Kee and said: "This is the bonus for April to June. It will be paid out as agreed."

From April to June, the team led by Lee Shau Kee used 500,000 Hong Kong dollars as capital to speculate in gold at the gold and silver trading market and made a total profit of 186,000 Hong Kong dollars. It can be said that it has a remarkable record.

During this period, the price of gold in the gold and silver trade market also rose from 330 yuan per tael to 380 yuan per tael, a premium of nearly 20%. Lee Shau Kee outperformed the market.

There is no difference between the gold and silver trading market and the stock market in later generations. It can even be slightly leveraged (provided you have credibility). It is leading in many aspects of the global gold market. In previous generations, gold suddenly plummeted, and only the Hong Kong gold and silver trading market was normal.

Transaction settlement has been stopped in London and New York. This is the guarantee of system and credibility.

Lee Shau Kee took the thick envelope and said happily: "Thank you, boss!"

According to the agreement, he should get a commission of 11,100 Hong Kong dollars, which is undoubtedly a very large amount. In fact, he feels a little bit undeserved for the 6% profit share, because the boss provided a lot of money for gold speculation.

help.

Of course, from Lin Zhichao's perspective, Li Shauji should be worthy of this bonus. He only gave the general trend and events that need reference; but without Li Shauji, Lin Zhichao would have to focus on the Yangtze River Bank, which is obviously not feasible.

, and if it were anyone else to preside over this matter, they would definitely not have Lee Shau Kee’s ability.

Lin Zhichao smiled and said: "There are all members involved in gold speculation. You deserve this."

Other members only have 0.5%, which is determined based on their contribution, but they are obviously very preferential.

"Boss, gold has fallen a lot today, and the price is now 372.2 Hong Kong dollars per tael." Finance and receptionist Ah Hao immediately reported the news after receiving the call.

Gold prices at the Hong Kong Gold and Silver Trade Market fluctuate greatly. A difference of more than 30 Hong Kong dollars per tael a month is common, but the overall trend has been rising.

"What do you think?" Lin Zhichao asked.

After thinking for a while, Lee Shau-kee said: "According to this market trend, we should be able to slowly purchase goods! The weather has been bad recently, and maritime smuggling has also been very delayed. Aomen Gold has just cashed out again, and it has almost reached its lowest point."

Hang Seng Bank, Chaoji Gold Merchants, Liao Baoshan, Chen Bichen, these are the references of Yangtze Bank Bank; and the underground gold trading in the Magic City and Guangdong Province also affects the gold trend in Hong Kong.

Thinking of this, Lin Zhichao said: "Okay, I will make an order. I want to cash out 1 million Hong Kong dollars in gold from the gold and silver trading market. I have prepared the funds!"

Lee Shau Kee was surprised. The boss had already cashed out 500,000 Hong Kong dollars in gold, and now he was cashing out another 1 million Hong Kong dollars in gold. It was obvious that he was very optimistic about the prospect of gold.

Gold and silver trading ground.

As a gold trader on the Yangtze River Bank, Ashan began to rush to the patio frequently and subsequently placed large gold orders.

Since the sales were tens of thousands or even hundreds of thousands, many gold speculators present were quickly shocked.

"Could it be that Yangtze River Bank has also been changed into a bank? This style of writing is like Liao Baoshan's!"

"How could the Yangtze River Bank change its bank so quickly? There are a few Weishui guys in Shunde. I'm afraid Lin Zhichao has made millions in zippers and real estate, and now he's here to speculate in gold."

"It's amazing. Not only can others make money from buying real estate, but they can also open a big factory. They are simply business geniuses."

As the gold traders of the Yangtze River Bank, Ashan and Ah Jin, they immediately felt proud. Their boss was so wealthy that he overpowered the gold traders and silver traders present.

Liao Baoshan, standing on the second floor, was talking with Chen Bichen, who was also a Chaozhou businessman.

"Brother, why don't you sell short for a few days to kill Lin Zhichao's spirit?" Chen Bichen said with a smile.

The so-called short selling means that even if you don't have gold in hand, you can sell a large number of orders; you only need to take it out when the delivery is made three days later. If you buy gold cheaply from others during the period, you can earn the price difference.

Chaozhou businessmen are the most united, and when they see Lin Zhichao suddenly emerging in the gold market, they naturally have some ideas.

Liao Baoshan shook her head and said: "Brother, this Lin Zhichao is not simple. The more he sells short, the more he dares to buy goods. What's more, if this happens, Hang Seng Bank and others will also have to buy goods. After all, they want to speculate on gold.

, cash out the smuggled gold from Omen.”

Chen Bichen is younger after all!

"It's just a joke, brother, don't take it seriously! But this Lin Zhichao is really powerful and courageous. He doesn't have the backing of a bank account to dare to be so generous."

"He has two industries that lay golden eggs, so he naturally has abundant funds."

Only then did Liao Baoshan realize that he had completely underestimated Lin Zhichao's ability to speculate in gold. He used to think that Lin Zhichao would lose in the gold and silver trading market. Now it seems that Yangtze River Bank is obviously extremely smart and has made profits many times.

Of course, you never know how things will turn out until the last minute.

Lin Zhichao came to the general manager's office of Bank of East Asia again, and Jian Dongpu also sat with him on the sofa, first slowly sipping tea.

The Bank of East Asia supports Lin Zhichao, and Lin Zhichao is also supporting the Bank of East Asia. This is a win-win situation of cooperation. Since both parties have established credibility and mutual trust, the Bank of East Asia is very confident in granting loans to Lin Zhichao.

Credibility and mutual trust are a very important part. Bankers first look at people for loans, and then look at assets. Why do many large foreign banks only believe in compradors, not Chinese people, and would rather lend money to compradors first, and then have the compradors lend money to Chinese people?

, and are not willing to do business directly with Chinese people?

The reason is actually very simple. Compradors are all people with good credit, and in this loan, compradors are actually equivalent to ‘guarantors’.

Of course, with the rise of the Chinese in Hong Kong, foreign banks will gradually change this concept.

"Come here with a loan!" Jian Dongpu said with a smile.

Lin Zhichao put down his tea cup and responded: "I came to your office to borrow money, of course."

Jian Dongpu said deliberately: "Can't there be some friendship between us? You can chat with me, an old man?"

Who could not love such an outstanding fellow countryman, not to mention that Lin Zhichao is a "Biao Qing Businessman" supported by the Bank of East Asia, which is like a golden sign.

Lin Zhichao had an idea, thought of something, and said, "Is there really a private matter to get rid of Mr. Jian?"

Jian Dongpu Ya was very happy and said: "It's a pity that I don't have a daughter of the same age, otherwise I would definitely find you as my son-in-law. Tell me, what's the matter?"

He has a daughter, but they are old enough that he can be Lin Zhichao's grandfather, and his granddaughter is too young. These circumstances are really a pity for him.

Lin Zhichao immediately said: "I would like to ask Mr. Jian to be the host of my wedding. I wonder if I will have such an honor?"

Jian Dongpu immediately smiled and said: "It should be said that I have this honor. You are now a famous person in Hong Kong. I agreed, which girl is it from, and on what date?"

Then Lin Zhichao introduced the situation!

Hearing this, Jian Dongpu asked curiously: "Why are you still marrying a Shanghainese girl? Is there no Cantonese family in Hong Kong to introduce you?" It's not that he looks down on Shanghainese, he just thinks that Lin Zhichao is a prominent figure of Cantonese origin.

Lin Zhichao said with a smile: "When you arrive in Hong Kong, you are all Hong Kong people! The main thing is fate. Before I met her, no big boss really liked me as his son-in-law, otherwise I would have accepted her." He was in a relaxed mood.

"Haha, that makes sense, we are all Hong Kong people!"

Next, Lin Zhichao got down to business: "Mr. Jian, it's like this. I want to mortgage 1 million Hong Kong dollars in gold with the Bank of East Asia and then get a loan of 500,000 Hong Kong dollars."

Jian Dongpu immediately asked: "Did you just get the gold from the gold and silver trading market?"

Lin Zhichao nodded and said, "Yes."

Jian Dongpu frowned and said, "In the past year, the price of gold in the gold and silver trading market has increased by 100 Hong Kong dollars per tael. Are you not afraid of falling?" He was just testing.

Lin Zhichao said with a smile: "The legal currency in the mainland has been paralyzed. The Hong Kong dollars currently circulating in Guangdong and Shanghai account for two-thirds of those issued in Hong Kong. This shows how bad the financial environment is. If the Jiang family's currency system is over, then gold will skyrocket, and so will Hong Kong.

So. Therefore, I firmly believe that gold still has a lot of room to rise, after all, the war has not begun yet."

Jian Dongpu has listened to a lot of Lin Zhichao's analysis, and he feels drawn into it every time he listens to it.

"Then your idea is to cash out gold while it's high before Yangcheng JF does?"

"That's right. At that time, gold was worth not only 700 but also 600!"

Jian Dongpu also purchased some gold recently, but for the investments his family purchased, he believed Lin Zhichao's words.

"Well, I can still loan you 500,000 Hong Kong dollars."

Lin Zhichao does not dare to borrow too much. Although he knows that gold makes money, he has now invested 2.7 million Hong Kong dollars in gold, which is almost all the funds he has for real estate.

However, he is confident that he will make a profit without losing money.

Because he invested a total of 1.5 million Hong Kong dollars in principal to purchase physical gold. These physical golds only need to be cashed out before October next year, or when the gold price rises to 600 yuan or more every tael.

As for the previous 500,000 Hong Kong dollars and the current 500,000 Hong Kong dollars, they were both for short-term speculation and there was a risk of loss, but it was possible for Lin Zhichao to do a good job of 'settling the account'.

(End of chapter)


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