Rebirth in the 1980s Chapter 135: Investing in Southeast Asia Five updates, please support

At the beginning of the new year, a media outlet in Xiangjiang suddenly broke a big story. He made a huge profit of US$4 billion by investing in the foreign exchange market.

As soon as this news came out, all parties were shocked.

4 billion U.S. dollars, converted into Hong Kong dollars, is 30 billion.

It’s so scary!

After the news broke, the phone calls in Chen Huaiqing and Sun Congxuan's offices and homes have not stopped, with people constantly calling to inquire about this matter.

After a while, Chen Huaiqing simply unplugged the phone line. In this way, the world finally became peaceful.

More news has also been revealed. The current appreciation of the yen and the depreciation of the US dollar in the yen/USD investment operation have caused quite a stir around the world.

The Hong Kong dollar and the US dollar have fixed interest rates, and the Hong Kong dollar is actually depreciating now.

In Kangian Bank, financial products that were not selling well at first are suddenly selling like hot cakes.

The annual interest rate is 7%, which is very attractive to Xiangjiang citizens.

Just like grabbing food at the wet market, the subscription amount of financial products increased rapidly.

In addition to the booming sales of financial products, the deposit amount of Conian Bank is also rising against the market trend.

Other banks offer quite low interest rates on deposits.

As mentioned before, the banks in Xiangjiang offer very low interest rates.

Low interest rates also have advantages, that is, the economy will be booming.

The problem of economic overheating will soon appear in Hong Kong.

If the economy wants to develop steadily, both overheating and undercooling will cause problems.

Of course, these have nothing to do with Conian Bank, which is now collecting deposits at high interest rates.

Compared with other small and medium-sized banks that have fallen into financial difficulties, Conian Bank is enjoying a unique and prosperous period at the moment.

The whole scene is full of vitality.

In addition to financial products, two public fund products initiated and established by Ta Investment are also sold in Conian Bank, and the results are really good.

Compared with financial products that have little risk, public funds have higher risks.

Of course, high risk also means high returns.

At this time, Chen Huaiqing was sitting in Conian Bank.

Chen Huaiqing flipped through the recent loan situation of Conian Bank. In Xiangjiang, it is really difficult for banks to make any breakthroughs other than real estate business.

"Our loans are too concentrated in real estate, which is not good."

Conian Bank now rarely lends money to real estate companies, but instead provides personal home purchase loans.

Anyone who buys a house now will definitely make a profit.

"I see that many factory owners in Hong Kong have opened factories in Shenchuan. I am very optimistic about their actions and can provide strong support. However, when borrowing, they must be settled in Hong Kong dollars to prevent further depreciation of rb.

.”

The US dollar is depreciating, and the rb is depreciating against the US dollar. In fact, the depreciation is even more severe.

When a country's currency depreciates, it is undoubtedly very beneficial for exports.

However, there is also a very bad thing, that is, if you want to import something, the price will be much higher.

For example, mechanical equipment and the like will inevitably increase the cost of technological transformation for domestic enterprises.

What's the best thing now?

Convert all the money into Japanese yen.

The Japanese yen is currently in a process of appreciation.

"We support factory owners to set up factories in Shenchuan. In order to better serve them, we have to set up an office in Shenchuan."

"In the future, Conian Bank cannot just stay in Hong Kong."

As he said that, Chen Huaiqing looked at the senior management of Conian Bank. He promoted the entire senior management of Conian Bank. Chen Huaiqing knew the abilities of each one.

Interview, talk in person, read their background information, etc.

"Hong Kong is not big even though it is big. With so many banks, competition is fierce. The development goal of Conian Bank is not to be a small bank, but to become an international bank with huge influence around the world.

"

"So, we have to go out of Hong Kong. I hope that the skills you have developed in Hong Kong can be better used to develop the international market."

"In the next ten years, Conian Bank's development focus will be on Southeast Asia. The Southeast Asian economy will become a bright spot in the global economy."

Last year, Siam's economy had problems, but with the depreciation of the US dollar, Siam, which is closely focused on the US dollar, will achieve extremely rapid growth in exports.

Siam's economy is about to enter a rapid development track and quickly become a middle-income country.

Then……

There is a term called the middle-income trap.

Globally, many countries have fallen into this pit and cannot climb out no matter how hard they try.

Now that he has begun to enter Southeast Asia, Chen Huaiqing is actually planning for the next ten years.

Chen Huaiqing must have known about the Asian financial crisis in 1997. This was an extremely good opportunity.

Of course, Chen Huaiqing can't be the one who stands out, and he can't make a big splash even if he makes money.

For example, after making $4 billion in the foreign exchange market this time, Chen Huaiqing dared to tell the outside world loudly.

Because this is a normal financial investment. I have made money and no one can say anything.

Chen Huaiqing doesn't want to have a rat like Soros who's crossing the street and everyone shouts to beat him.

So, he will be the bad guy, and I will be the good guy.

Next, Chen Huaiqing will arrange for Mota Industrial to build a factory in Siam.

Of course, an assembly factory will be built, and the parts will be shipped from China.

There is a considerable difference in taxation between imported parts and complete vehicles.

At that time, the factory can continue to borrow money from local banks in Siam to expand production, and then continue to borrow money.

Chen Huaiqing looked at Zeng Xiangyun: "President Zeng, regarding the bank's overseas development, you will personally take charge of it."

Zeng Xiangyun is the president of Conian Bank. He came to Conian Bank by air. He previously worked at HSBC.

HSBC says it is Hong Kong Bank, but in fact it has always been controlled by the Johns.

There is a career ceiling for Chinese at HSBC.

This is a normal thing, just like in Mota Industrial, it is impossible for Chen Huaiqing to let a foreigner be the general manager.

Whether you are capable or not is actually not important, it is mainly a matter of trust.

"Don't worry, Mr. Qing, we will come up with a feasible plan as soon as possible."

When he knew that his investment in the foreign exchange market had such high returns, Zeng Xiangyun predicted that Chen Huaiqing would definitely make a big move towards Conian Bank.

When it comes to bank operations, Chen Huaiqing is naturally far inferior to these professional bankers.

Chen Huaiqing was not prepared to intervene in the specific operations of Conian Bank.

What he has to do is to control some of the general development directions of the bank.

For others, it is difficult to control the general direction. If you make a wrong judgment about the future, a company or even a country may be completely destroyed.

In this regard, Chen Huaiqing has an advantage.

After the meeting at Conian Bank, Chen Huaiqing went back to invest in him.

The three-story office is no longer enough for her to invest in.

Chen Huaiqing is considering whether to continue to stay in this office building or buy a new one.

When you have money, you can never treat yourself badly.
Chapter completed!