Time flies to mid-August.
Unconsciously, Lin Zhichao has been in this world for two years.
In the past two years, he has engaged in three businesses: real estate purchase, zipper manufacturing, and gold buying and selling.
Real estate real estate: Changjiang Real Estate has currently completed four residential real estate projects, with a total profit of 2.3 to 2.4 million Hong Kong dollars. Because land prices are too high, profits have become thin, so Lin Zhichao has temporarily stopped development in this area.
Zipper manufacturing: Since July, Cheung Kong's monthly profit has been around 120,000 yuan, and the total profit is expected to reach around 1.5 million yuan by the end of the year (14 months); after repaying all loans and interest, there will still be a slight surplus of around 100,000 yuan. cash flow, as well as six automatic zipper machines, a factory covering an area of 120,000 square feet, and several raw materials. Of course, the company's valuation cannot be calculated simply like this. Cheung Kong Holdings is definitely a golden chicken that lays golden eggs, with a total value of more than 1.5 million Hong Kong dollars.
Buying gold and speculating in gold: The Yangtze River Bank holds 4,160 taels of physical gold, which is mortgaged in the Bank of East Asia vault. The average purchase price is HK$362 per tael. The current gold price is around HK$420 per tael. At the same time, there are also huge profits from gold speculation.
.....
August 16th.
On Monday morning, Lin Zhichao arrived early on the second floor of the Yangtze River Bank. All the members involved in gold speculation were already there, including 'shopkeeper' Lee Shau Kee, finance and operator Ah Hao, and gold traders Ah Shan and Ah Jin.
Although this team only has five people, between mid-July and mid-August, it created a profit of HK$300,000, with a return rate of 25%.
Of course, in this month, gold in the gold and silver trade market has risen to more than 420 Hong Kong dollars per tael, which is equivalent to an increase of nearly 50 yuan per tael, an increase of 13%.
The Yangtze River Silver Hao has become somewhat famous in the gold and silver trading field.
"When the market opens later, start closing all gold positions gradually, don't hesitate!" Lin Zhichao made a decision to close the positions first and observe the situation.
He started speculating in gold at the end of April. In less than four months, Yangtze Bank successively invested 1 million Hong Kong dollars in short-term speculation and has already made more than 450,000 Hong Kong dollars.
It is far more profitable than the 30% increase in gold from 330 Hong Kong dollars per tael to 420 Hong Kong dollars per tael.
at the same time.
Lin Zhichao remembered that the mainland wanted to issue gold yuan coupons to collect gold from the people, and Xiao Jiang also wanted to go to the magic city to "hunt tigers".
Then, gold may fall briefly!
But the gold yuan coupons could not last long, and they would soon depreciate crazily, and the 'Tiger Hunt' would soon rebound, which marked the end of the 'Jiang Family Dynasty'.
According to this analysis, I am afraid that wealthy businessmen from Shanghai will have to flee to Hong Kong in large numbers from September. After all, who wants to have generations of wealth plundered by the Jiang family (forcing gold and silver to be exchanged for gold coupons).
Lee Shau Kee raised an objection at this time: "Boss, according to the information we have received, Hang Seng and Chaozhou businessmen are still speculating on gold prices. Come to think of it, the gold imported from Australia will not arrive in Hong Kong for several days. And I got the news from Australia. , a large amount of gold has indeed not arrived in Austria."
Lin Zhichao knew that Li Shauji's success in gold speculation was not only due to his talent, but also because his brother worked in a bank in Omen, and that bank was still the property of his uncle, so he could get some convenient.
But this time, Lin Zhichao decided to be cautious and said: "It's okay, it doesn't matter if you make less money. And according to the news I got, financial reforms are being brewed in Shanghai. The unknown factors are too big, so I would rather not make any money."
He originally wanted stability. He would rather profit from the few opportunities he was familiar with than face the unknown. Lee Shau Kee's role is to seek success in doing T and master the details when he gives the general trend.
Li Shauji suddenly felt nervous. The price of gold in Hong Kong is closely related to the gold in Guangdong Province and Shanghai. If the boss really got some signs, it would be better to be cautious.
"The boss is right!"
Lin Zhichao showed a satisfied expression. He and Lee Shau Kee grasped the overall situation and the details. They were a perfect combination for gold speculation.
.........
Gold and silver trading ground.
Ashan quickly stood in the middle of the patio, his fingers bent outwards (the palms of his hands were naturally also facing out), and then about ten people swarmed up and rushed to Ashan's side first.
Ashan quickly patted each of the five people on the shoulders, indicating that he would sell each of them a hand of gold (100 taels per hand, 42,200 Hong Kong dollars per hand).
In just a few dozen seconds, a transaction of more than 200,000 yuan was completed.
The second round of such transactions will not start immediately, because the major telephone operators have reported the situation on the other side of the phone line.
"Boss, the price of gold is 422 yuan, 5 lots were sold per tael, and the Yangtze River Silver was sold."
Everyone reports truthfully on the situation in the field and waits for instructions from the boss.
“We also sold 5 lots”
"We want to purchase 10 lots!"
As the instructions were conveyed, transactions quickly took place frequently.
Ashan also frequently stood in the middle of the patio, and each time he sold 5 lots of gold, the price of gold gradually rose to about HK$424.
At this time, some people soon noticed the frequent sales of Yangtze River Bank.
"Boss, the Yangtze River Bank has successively sold 25 lots of gold! Yes, depending on the situation, there is still stock on hand!"
.......
On the second floor of the gold and silver trading center, He Shanheng and He Tian from Hang Seng Bank were observing the situation inside.
He Shanheng is the chairman of the board of directors of the Gold and Silver Trading Center and the helmsman of Hang Seng Silver Co., Ltd. in charge of gold speculation.
"It's strange. Yangtze River Bank has always been keeping an eye on our Hang Seng Bank, but this time it was the first to sell?" He Shanheng said strangely.
Of course, Yangtze Bank's calculations can be discovered by those who are interested, but there is no problem in gold speculation because everyone depends on their own skills; what's more, everyone is from Guangdong Province, so it is normal for them to agree with each other.
In fact, due to the rise in gold, most gold speculators are currently making money, but only a small number of people are not.
He Tian nodded and said: "It's indeed a bit strange. We and the Chaozhou merchants are all speculating on the price of gold at this time, but they have taken the initiative to retreat. Maybe Li Shauji is giving up when things get better."
He Shanheng nodded and quickly didn't take it to heart. Although a million dollars was considered a high-roller, it was only a small amount of money when compared to the total transaction volume of the entire gold and silver trading field.
Liow Chong Hing Savings Bank.
Liao Baoshan also received information about the gold and silver trading market and immediately said on the phone: "Continue to absorb, regardless of the Yangtze River Bank!"
Putting down the phone, Liao Baoshan frowned and said to herself: "What the hell is this Lin Zhichao doing? The money he left is not making any money, so he is starting to close his position now. Could it be that he has made too much money?"
Although the Chaozhou merchants are united, the people of Guangdong Province are also invisibly a group.
Of course, these are all loose organizations, and even the Chaozhou money speculators are 'doing their own business'.
For example, when the weather was bad and the wireless shortwave was affected, Chen Bichen could only print out information through the post office. He sent someone to stay at the post office and got the news before his Chaozhou counterparts, so he took the opportunity to act in advance.
Who can really agree with us!
.......
Two days later in the morning, Lin Zhichao came to the Yangtze River Bank again.
When he learned that the price of gold had risen to HK$430 per tael, he not only did not feel regretful, but was pleasantly surprised.
"Let Ashan short 5 lots of gold first!"
Ah Hao immediately picked up the phone and passed Lin Zhichao's order to the gold and silver trading center's dedicated line.
Li Zhaoji suddenly felt helpless because Lin Zhichao had already taken over the command.
Following Lin Zhichao's short-selling orders one by one, Changjiang Silver had sold 50 lots of gold in one morning, with a total value of more than 2.1 million.
Seeing that Li Shauji was a little worried, Lin Zhichao smiled and said: "Don't worry, if you lose money on this short sale, it won't be counted as your performance."
Lee Shau Kee immediately said: "Boss, that's not what I meant! I just think that short selling is a bit risky at this time. After all, everyone is buying. There is no information about the arrival of large amounts of imported gold in Aomen. I'm afraid there will be several days. time."
Lin Zhichao said: "More people are not necessarily right! Gold has recently surged by 60 Hong Kong dollars per tael, and it obviously needs to be adjusted."
Li Shauji knew that Lin Zhichao might get some news from the mainland, so he said no more.
as expected.
That afternoon, gold prices in Hong Kong began to drop inexplicably, and many people couldn't figure out what was happening.
...........
It wasn't until the next day that Hong Kong newspapers published "On August 18, the government ordered the implementation of currency reform, replacing legal tender with gold yuan coupons, and people had a limited time limit to exchange gold, silver and foreign currencies into gold yuan coupons." '
This information revealed that the demand for gold in the mainland was temporarily frozen, and the rise in gold prices was temporarily suppressed; then the import of gold from Hong Kong would naturally be reduced, so gold merchants who had received the information in advance began to short-sell gold, and gold at the Hong Kong Gold and Silver Trade Center naturally began to callback.
Yangtze River Bank.
Lee Shau Kee looked at Lin Zhichao with admiration and said: "The boss has people in the mainland, so he can understand this news in advance. I really admire him!"
Lin Zhichao thought to himself that there was a person with P, and he just met him blindly.
Of course, he also felt that gold had grown too fast recently, and he remembered that gold yuan coupons were issued in August, so he took a gamble.
If he loses the bet, he just loses a little money, and he can still afford it.
"It's just a right bet!" Lin Zhichao said modestly.
Next.
Lin Zhichao said seriously: "The gold yuan coupons will not last long before they depreciate again. By then, the credibility of the Jiang family dynasty will be ruined, prices will soar in the state-occupied areas of the mainland, and the exchange rates of gold, Hong Kong dollars, and US dollars on the black market will be higher and higher. Therefore, this time If the price falls below 400 Hong Kong dollars, we will close the short-selling order. As for how to operate later, I will not interfere. I can only tell you that it is not impossible for gold to reach 500 Hong Kong dollars per tael by the end of this year."
After all, the collapse of gold yuan bonds and the outbreak of gold smuggling incidents will all affect the price trend of Xiangjiang. It is the trend to rise sharply later this year.
Lee Shau Kee nodded seriously and said, "Okay, I will definitely consider these factors carefully."
After this incident, Lin Zhichao has decided not to interfere much with Lee Shau Kee's gold speculation, giving him enough trust and freeing up his own energy.
........
With the situation in the mainland, gold prices in the Hong Kong Gold and Silver Trade Center began to fall, and the performance of the Yangtze River Bank this time can be said to be amazing.
It can be said that he became famous in one battle!
Of course, this kind of fame is limited to a very small circle.
