Since 1983

Chapter 391 Excitement

Wow, Across the World, Aunt Hong is so pretty!

No match for Flying Eagle Project, Cheng Long is unmatched. But last year Stephen Chow took the top spot, Gambler had a box office of 41 million! Think back then, The True Colors of Heroes was only 34 million.

Oh, times have changed! I don't like nonsense.

Then watch Lame Man.

Haha, Mr. Xu is indeed an expert!

The Hong Kong boss, surnamed Chen, is very interested in film and television. Others couldn't get in their mouths, so they could just listen to what they were saying, without hindrance.

It was so easy to take a break, Li Chengru couldn't help asking: Boss Chen, it seems that you are in the movie business?

No, it's not far away.

Then you are...

Excuse me, excuse me, this is my business card.

He sent a few business cards, and Xu Fei took a look: Hong Kong xx Foreign Exchange Co., Ltd.

Simply speaking, I am a foreign exchange broker.

...

Everyone knows about foreign exchange. In 1980, in order to ensure the shopping needs of foreigners, returned overseas Chinese and compatriots from Hong Kong, Macao and Taiwan, the Bank of China began to issue foreign exchange certificates.

But what is a forex broker?

Boss Chen saw that everyone didn't understand, and said with a smile: Foreign exchange margin trading is very popular in Hong Kong now. Customers first open an account and deposit a sum of money in it. We draw a certain commission and set a limit for customers.

He operates freely within this amount, earns or loses, and automatically deposits into the account.

...

It's still in the trap, not to mention rich money these days, even the banks don't understand it.

Li Chengru asked Xu Fei indecisively, Mr. Xu, do you understand?

It's foreign exchange speculation.

Hahaha!

Boss Chen gave a thumbs up, Admiration!

For a while, a group of big money pestered Xu Fei to explain, but he looked delicate, and paused and said: Each person bets a hundred yuan, and I will give him another ten yuan, and he will give you a quota of 200 yuan. Play freely within 200 yuan.

Oh, I see!

Everyone suddenly realized, so they were even more confused, Then, Boss Chen, what kind of hype is this?

To put it bluntly, it is to make profits through the exchange rate fluctuations between currencies. The hottest one at present is the yen against the dollar, because the United States and Japan are engaged in a trade war.

For example, if the yen is 118.0 against the US dollar, we believe that the US dollar is strong, so we should go long. Then New York opened, 120.0 to 1 dollar, which made a profit. On the contrary, it is called empty, and it goes down.

...

A group of big money was dizzy, and according to the other party's description, it was a thing that made a lot of money.

Upon seeing this, Boss Chen said with a smile: Our company has just arrived in the capital for development. It is in the Scitech Building. If you are interested, you can come and see it.

Foreign exchange speculation originated in London and is not uncommon in the West. It was first brought to the mainland by a group of Hong Kong brokers. It was said that it was not approved, but the government ignored it. It was actually used as a pilot.

This is a characteristic of the 1980s and 1990s, why not try it first.

A meal begins with a donation and ends with a swirl.

Boss Chen is like bringing a diorama, introducing a new world to closed people. The tip of the iceberg reveals what finance and capital are.

Li Chengru didn't say a word when he went downstairs. They stood at the foot of the Great Wall Hotel for a while, then walked west along Shun Street, looking for a taxi while walking.

There are still few cars today, and after walking for a long time, I looked at the North Road of the East Third Ring Road, where a large area is full of embassy districts.

Old Li was smoking a cigarette, quite entangled, and said: I want to go to Scitech tomorrow.

sure.

I'll just watch it first, not necessarily...huh?

Well, I want to take a look too.

No, this is foreign exchange speculation!

Old Li blinked his eyes and said curiously: Mr. Xu, you are so conservative, you also want to play this?

What?

Xu Fei was also taken aback, I sell orchids, open Elaine, the Asian Games, five million in four months, plus this special...how do you see that I am conservative?

Well……

Li Chengru scratched his head, yes, Mr. Xu has always rowed without oars, and all his progress depends on waves. But for some reason, I always feel that he is as stable as a dog.

Maybe it's because he doesn't float.

Hey, that's it!

He suddenly became happy, and said: Boss Chen said that the account must be at least one million dollars. Let's not touch the 70%, and the dividends in advance will be enough.

In 1991, USD/RMB was 5.3233, which was a bottom of more than five million yuan.

There are not so many in later generations, because they have just entered the mainland, and there is chaos.

Li Chengru has never been afraid of doing business, and even finds it very exciting. As for Mr. Xu, he doesn't know much about the financial stock market, but he really knows about this matter.

Because he had seen an issue of Luyu is sick.

The program interviewed Lao Li, and he himself said that he made a lot of money speculating in foreign exchange, and then lost all in the US-Japan negotiations in 1993-94. So it is OK for him to remember two nodes:

In 1993, the United States and Japan negotiated.

Also because of this turmoil, the entire army of domestic foreign exchange speculation was wiped out, and the government issued a document to prohibit it in 1994, declaring a failure.

When it comes to making money, Mr. Xu is even more exciting.

…………

The next morning, Scitech Building.

Dorset was built in 1987, with 1 floor underground and 23 floors above ground. It is the first joint venture foreign-related office building.

Xu Fei went in and found that there were quite a few office workers, so he found Boss Chen's floor. That guy was all smiles, and he personally led the tour. He knew that no one would be able to refuse this temptation as long as he came here to see it.

The three of them arrived in a large room, just like in The Great Times, with a blackboard in front of them, with the currency exchange rate of the day written on it.

There are tables at the bottom, there are not enough phones, but there are several bulky computers, and each person has a machine similar to a POS machine, which is constantly ringing.

In addition, there are some people staying here, they should be customers. The atmosphere is very lively, unlike what he said is a newcomer, it has already formed a certain scale.

Xu Fei borrowed one, and it felt like an early POS machine.

Currency exchange rates can be displayed on it, such as the Japanese yen against the US dollar, the Australian dollar against the US dollar, the franc against the US dollar, etc., and there are dedicated machines.

Just turning around, a person suddenly ran in outside, shouting: Is it up? Is it up?

He slammed to the front of the table, the staff was startled, and the mandarin was not standard, Mr. Liu, you already asked about it on the phone yesterday, and your 200 lot has increased by 70 points, excluding the handling fee...

oops!

The man slapped the table hard, Don't tell me something, just talk about how much you earn?

About eighty thousand dollars.

Eighty thousand?

Yes.

call……

The man's whole body softened, as if he had taken some drugs that caused his nerves to be too excited, and he showed a weird and silly smile.

He paused for a while and asked, When will the market open today?

The opening time in New York is from 9:00 pm to 4:00 am here. You can go back first, and then in the afternoon...

It's okay, I'll wait here.

The man sat down and asked again: Hey, do you think I should continue to buy or sell?

Well, the dollar is still strong, I recommend you buy it.

Sell?

purchase.

Sell?

Tsk, you Hong Kong people can't speak well!

The man patted the table again, still smiling, and twisted up to exchange ideas with other customers.

Li Chengru looked at it for a while, then suddenly said: I have seen this person before.

Who is it?

He whispered something in his ear, Xu Fei was surprised, The state-owned enterprises are also fired?

That's right. I think this thing must be getting bigger and bigger. He earns 80,000 dollars a day. It's like sucking DU. If you get it, you can't run away.

Oh, nothing is absolute.

Seeing the buddy dancing and showing off almost in a gaffe, Xu Fei couldn't help shaking his head, Separate people.

(Happy Laba!)

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