Hong Kong's new giants

Chapter 10 [USD and JPY]

Monday, May 10.

While waiting for the elevator, Lin Zuhui saw that Guan Jiahui was about to go out, so he greeted him, "Ms. Guan, good morning!"

Guan Jiahui was taken aback for a moment, and then said, "You know me?"

"Of course I know, big star! Yun Piaopiao from "The Frog Prince", right?"

Of course, this is flattery, and Guan Jiahui is just a small character at this time.

Seeing Lin Zuhui flattering herself, Guan Jiahui asked curiously, "What do you do?"

This is the character of liking rich people in her bones. Lin Zuhui can imagine that if she said she was a salaryman, she might not even want to say hello to herself in the future.

"It's an investment business!"

Guan Jiahui was a little skeptical, she thought that Lin Zuhui was only in his early 20s, so he didn't look like a boss at all.

"It's amazing!"

After one sentence, there is no more text.

She felt that Lin Zuhui didn't look like he was particularly rich, he was just a little rich man if he died;

But that kind of rich man can have some money in his hands, and he has to rely on their father for relief.

It is better to be rich in the second generation than to be rich in the first generation!

Lin Zuhui didn't continue talking either. After all, even if he wanted to date others, he still had to weigh his own money, whether it was enough to ask others out several times.

27 Queen's Road, China Building.

This building is the key to Li Chaoren's rise. When HSBC bought the old Chinese Bank Building, it chose Li Ka-shing's Cheung Kong Assets as a partner to dismantle and rebuild.Li Chaoren also lived up to expectations. In just two years, he spent 2.5 million yuan to build a modern first-class building for HSBC.

Shen Bi, the head of HSBC, was very optimistic about Li Chaoren's ability, which laid a good foundation for the subsequent transfer of shares in Hutchison Whampoa.Otherwise, based on the good words of the charter king, how could HSBC easily give Li Chaoren such a good thing.

The Chinese Bank is very important to HSBC, because the HSBC building needs to be rebuilt, and a replacement headquarters building must be found.Today, the headquarters of HSBC Bank is still in Huarenhang, and the rebuilt HSBC Building will not be available until next year.

Lin Zuhui walked into the building, came to the foreign exchange department of HSBC, and explained his purpose.

Li Jie, a Chinese employee, received him and said, "Mr. Lin, because the delivery locations of foreign exchange transactions are all overseas, our bank stipulates that we only accept transaction amounts above 50 Hong Kong dollars."

Lin Zuhui nodded, and took out a 70 Hong Kong dollar deposit certificate from HSBC Bank from his bag. Li Jie was a little surprised. He turned out to be a rich second generation!
Foreign exchange trading did not enter the era of computer trading until the mid-80s, and the daily trading volume also rose sharply from US$700 billion to US$6 trillion.

Today's foreign exchange transactions need to go through banks and foreign exchange dealers all over the world; then it has a foreign exchange transaction settlement system, and everyone conducts delivery by telex, telephone, etc.

Putting the certificate of deposit back into the bag, Lin Zuhui said, "Can your bank provide me with 20 times leverage?"

It is better to speculate in stocks than to speculate in foreign exchange with high leverage, so this is particularly important.

Li Jie heard the words and reminded: "Mr. Lin, if the leverage is 20 times, as long as the fluctuation is 5%, you may go bankrupt. We need to inform you in detail!"

Lin Zuhui listened carefully to Li Jie's advice without any impatience. After listening, he said: "It's okay, I'm just playing for fun, this little money is nothing to me!"

Li Jie said helplessly: "Okay, I'll call our manager. We need a simple interview, mainly to sign a risk notification."

These are normal procedures, just like when the GEM first came out in the previous life, I went to the securities company to sign some risk notices.

The manager is also Chinese, named Li Hongming.

After Lin Zuhui passed and signed various agreements, Li Hongming handed him a business card with both hands and said, "Mr. Lin, I will be your account manager from now on. If you have any questions, you can contact me anytime!"

After all, foreign exchange trading in Xiangjiang is still the monopoly of a few people, and every customer is an important customer of the foreign exchange department of HSBC Bank.

As far as Lin Zuhui knows, after her husband's death, Mrs. Li's family seems to have sold off the soda factory and some properties, and then went to speculate in foreign exchange; as a result, the soda industry was in a downturn, and she made a lot of money by speculating in foreign exchange, so she is very popular in the Xiangjiang circle. fame.

"No problem! I've been paying attention to the exchange rate of USD/JPY recently, but I haven't made up my mind yet about when to enter the market."

Li Hongming nodded and said: "You can come here often to check the real-time price, and then make a careful decision. After all, basically no one dares to use 20 times leverage, maybe that little money is just pocket money for you, I still advise you to be cautious Decide."

"Don't worry! My money didn't just come in vain."

Historically, since the beginning of 1985, the yen began to appreciate sharply, and Japanese citizens have since started their journey of buying and buying overseas; they bought 14 office buildings in Rockefeller Center, bought 70% of LV, and finally almost bought the entire America, Canada.

Because of this history, Lin Zuhui once studied the foreign exchange trend chart of USD/JPY in those years, and knew that the highest point was 1985 points in early 262, and then fell to around 160 points in less than two years; It fell, and it was only around 90 points in the early 80s.

If he shorted USD/JPY from 1985 points in early 262, he would definitely need 50 times leverage, because it was a sure thing.

But before that, he wants to do more, which can not only increase the principal, but also show his strength with the foreign exchange department of HSBC, so as to get 50 times leverage.

At present, USD/JPY is 246 points, that is, 1 USD/JPY 246, and there is still 262 points of room to go long from 16 points; but because he is preparing for 20 times leverage, if he buys now, it will fall to 234 during this period Below that point, he may blow up his position.

He thinks the best buying point is 241 points, which is more secure.

Of course there are risks, but based on the analysis of time, space (points), etc., the hope of success is greater.

After all, the buying point is 241 points, and the liquidation needs to be below 229 points, which is a full 262 points away from 33 points.If you add that the buying time is at the end of October or early November, and you reach the 241 point position, the hope of victory will be as high as [-]%, because there is no possibility of such large fluctuations in time.

He even vaguely remembered the trend chart before 262 points, and there were no major fluctuations, which increased the hope of success by another [-]%.With such a big chance of winning, he decided to take a gamble!
In short, Lin Zuhui was not in a hurry to act, but was waiting for an opportunity.

If there is no chance, I would rather not make a move, and wait to short the USD/JPY later, 100% successful.According to the expected investment, it should be able to achieve 30 times the profit in one and a half years, and 16 times the profit in one year.

And the 15 stock trading funds are my last protective shield, and it will not be a problem to turn it up to 20 by the end of the year; Let yourself lose the panties.

The lessons of the previous life are very profound. The poor can make a last-ditch effort, but the rich will always leave a way out for themselves.

If the dollar/yen is long, once he succeeds, he will not only have rich short-selling funds, but also take part of the funds to enter the real industry.

This is the result he wants most!
After all, just speculating in stocks and foreign exchange, he is completely out of time, almost like a jobless vagrant, and he is simply wasting his time.

(End of this chapter)