Reborn 80s

Chapter 136 Investing in Southeast Asia (5 more for support)



Chapter 136 Investing in Southeast Asia (seeking support at the fifth watch)
At the beginning of the cold year, a media in Xiangjiang suddenly broke out a big event, Meta Investment made a huge profit of 40 billion US dollars in the foreign exchange market.

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

40 billion US dollars, converted into Hong Kong dollars is 300 billion.

It's so scary!

After the news broke, Chen Huaiqing and Sun Congxuan's office and home phone calls never stopped, and people kept calling to ask about this matter.

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

More news also broke out, the yen/dollar operated by Meta Investment, and now the appreciation of the yen and the depreciation of the dollar have caused considerable waves around the world.

The Hong Kong dollar and the U.S. dollar have fixed interest rates. In fact, the Hong Kong dollar is also depreciating now.

In Kangnian Bank, the wealth management products that were not very popular at first, suddenly became popular all of a sudden.

The annual interest rate is [-]%, which is very attractive to the citizens of Xiangjiang.

Just like scrambling for food in the vegetable market, the subscription amount of wealth management products has risen rapidly.

In addition to the sales of wealth management products, the amount of deposits in Kangnian Bank is also rising against the market.

Other banks offer quite low interest rates on deposits.

As I said before, the banks in Xiangjiang offer quite low interest rates.

Low interest rates are also good, that is, the economy will be booming.

The problem of economic overheating will soon appear in Xiangjiang.

For the economy to develop steadily, there are problems with overheating and overcooling.

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

Compared with other small and medium-sized banks that are in financial difficulties, Kangnian Bank can be said to be in a good mood at the moment.

The whole scene is full of vitality.

In addition to wealth management products, two public offering fund products initiated and established by Meta Investment are also sold in Kangnian Bank, and the results are really good.

Compared with financial products without any risk, public funds are more risky.

Of course, high risk also means high returns.

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

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

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

Kangnian Bank seldom lends to real estate companies now, but instead provides loans for personal purchases.

Those who buy a house now must earn a profit.

"I see that many factory owners in Xiangjiang have opened their factories in Shenchuan. I am very optimistic about their actions and can support them vigorously. However, the loan must be settled in Hong Kong dollars to prevent the RMB from depreciating further. .”

The U.S. dollar is depreciating, and the RMB is depreciating against the U.S. dollar. In fact, the depreciation is even more severe.

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

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

For example, mechanical equipment and the like, this will invisibly increase the cost of technical transformation of domestic enterprises.

What's the best thing right now?
Change all the money into Japanese Yen.

Yen is now in a process of appreciation.

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

"In the future, Kangnian Bank can't just stay in Xiangjiang."

As he said that, Chen Huaiqing looked at the senior management of the Kangnian Bank. He had promoted the entire senior management of the Kangnian Bank. Chen Huaiqing knew all about the abilities of each of them.

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

"Heung Kong says it's big, but it's not big. There are so many banks, and the competition is fierce. The development goal of Kangnian Bank is not to be a small bank, but to become an international bank with huge influence all over the world. "

"So, we have to go out of Xiangjiang. I hope that the skills everyone has cultivated in Xiangjiang can be better used in developing the international market."

"In the next ten years, the development focus of Kangnian Bank 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 keeps a close eye 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.

Around the world, many countries have fallen into this pit, and if they want to climb up, they can't climb out.

Now that he has entered Southeast Asia, Chen Huaiqing is actually making plans for ten years later.

Chen Huaiqing must have known about the Asian financial crisis in 97, and this was an extremely good opportunity.

Of course, Chen Huaiqing can't be this early bird, and he can't make a fortune even loudly.

Like earning 40 billion US dollars in the foreign exchange market this time, Chen Huaiqing dared to say it out loud.

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

Chen Huaiqing doesn't want to have street rats like Soros that everyone shouts and beats.

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

In the next step, Chen Huaiqing will arrange for Murta Industries to build a factory in Siam.

Of course, an assembly factory was built, and the parts were shipped from Huaguo.

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

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

Chen Huaiqing looked at Zeng Xiangyun: "President Zeng, regarding the bank's overseas development, you will handle it yourself."

Zeng Xiangyun is the president of Kangnian Bank. He was airborne to Kangnian Bank. He worked in HSBC before.

HSBC said it was Xiangjiang Bank, but in fact it has been controlled by John.

The Chinese have a career ceiling at HSBC.

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

It doesn't matter whether you are capable or not, it is mainly a matter of trust.

"Director Qing, don't worry, we will come up with a feasible solution as soon as possible."

Knowing that meta investment has such a high return in the foreign exchange market, Zeng Xiangyun predicted that Chen Huaiqing would definitely make a big move for Kangnian Bank next.

Chen Huaiqing is naturally far inferior to these professional bankers in terms of banking operations.

Chen Huaiqing was not prepared to say that he would intervene in the specific operations of Kangnian Bank.

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

For others, it is very difficult to control the general direction. A wrong judgment on the future may lead to the end of a company or even a country.

In this area, Chen Huaiqing had the upper hand.

After the Kangnian Bank meeting, Chen Huaiqing returned to Meta Investment.

The three-story office is not enough for meta investment now.

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

When you have money, you can't treat yourself badly.

Did Chen Huaiqing know that the buildings in Xiangjiang would not lose money if they bought them.

 133 has been reviewed and is now ok.

 
(End of this chapter)


Tip: You can use left, right, A and D keyboard keys to browse between chapters.