Chapter 1207 Exchange Rate(1/2)
There are three more famous clothing brands named after crocodiles.
But in Hong Kong Island, when it comes to crocodile, what Hong Kong people will think of is definitely a "crocodile shirt".
In 1911, the Germans registered the clothing trademark "Crocodile Shirt" in Hong Kong Island.
Germany was defeated in 1945, and the brand of crocodile shirt was confiscated by the Xiangjiang authorities.
In 1952, the Chinese Chen family took over the crocodile brand and officially named it "Crocodile Shirt".
Since then.
Almost every Hong Kong person has started wearing crocodile shirt series products since he was born. Until he grew up, many people have become entrepreneurs or successful people. They have always chosen to accompany them to grow and accompany them to succeed.
In Xiangjiang, whether it is a billionaire or a citizen of Shengdou: a white-collar beauty or a blue-collar class, they are all loyal customers of crocodile shirts.
This is a clothing brand with a high sense of identity in Hong Kong.
Qin Fan has been eyeing this company for several days.
The latter reason is the reason why Qin Fan is moved.
In this case, it is impossible to get this company in the stock market.
"Ha~" Qin Fan couldn't help laughing.
If even this cannot curb the exchange rate continues to fall.
"call"
Shen Zhu is optimistic.
The mainland is very simple to do about this matter.
The Hong Kong government is extremely determined in this regard, and it has a taste of becoming successful if it fails.
Huaxin News Agency President Du Kang Ming did not squint his eyes, looked at his nose, nose, and heart without saying a word.
This should be related to my big butterfly.
The net worth is enough to compete with Watsons, a subsidiary of Hutchisons!”
Qin Fan looked at Huo Jianning reading the information and said:
He said expressionlessly: "It's over now, we have no better choice. William, call together journalists and people from all walks of life to announce our new exchange rate regulations!"
"Look." After hearing this, Shen Xiang shrugged and said to Qin Fan: "It's starting to rise back? Congratulations, Qin Sheng. From now on, you will become the real richest man in Hong Kong."
"This morning, my secretary told me that the Hong Kong dollar exchange rate had fallen below 9.6 yuan."
"The prices of other things have also increased by 1 to 4 times! The most exaggerated thing is the oil price, which has increased by six times in a year!"
When he saw the three words "crocodile shirt", his eyes couldn't help but magnify a little.
"Nothing wrong. William's approach is indeed very risky. If it fails, not only will the Hong Kong dollar exchange rate be saved, but the Hong Kong government may lose its trust!"
In addition, the mainland will never pay attention to the Hong Kong government's other requirements.
Because in parallel time and space, the exchange rate depreciation event of the Hong Kong dollar definitely did not appear like Qin Fan.
Because if this time goes well, his profit will definitely be amazing.
The reason why this businessman sold his lifelong efforts was very dirty. He had no favoritism for the inland area.
The advantages of time travelers are here, and opportunities are everywhere, depending on how they operate.
[From now on, the Hong Kong dollar exchange rate will be pegged to the US dollar and will be constant within the value of 7.75~7:85 Hong Kong dollar to 1 US dollar.]
The Hong Kong dollar exchange rate depreciated, and although the appearance of Qin Fan, the big butterfly, was much lower than the depreciation rate in history.
Once this regulation is released, it is equivalent to the Hong Kong government's announcement that they intend to do everything possible to protect the Hong Kong dollar.
With the preliminary preparations, Huo Jianning will naturally help him with it.
The time when the Hong Kong government announced this regulation was half a month earlier than parallel time and space.
"It started to rise! It started to rise! The latest Hong Kong dollar exchange rate quote is 9.55 yuan!"
However, Crocodile Shirt Co., Ltd. is a behemoth. Once substantial contact is started, Qin Fan must come forward to take charge of the overall situation.
During this period, they were the spokespersons of the North on Hong Kong Island.
However, Qin Fan is naturally sure that he wants to acquire the crocodile shirt under such circumstances.
Governor Yud had no expression on his face, which meant he was very upset.
However, Lin Baixin didn't have enough money, so he immediately reorganized the company, divested the real estate business, and formed a Lixin Development "listing financing", which raised enough funds to acquire Crocodile Shirts.
William, the head of the Foreign Exchange Fund Administration, stood up, nodded to the Governor of Hong Kong, and then looked at the other two officials of the government.
"Because the risk is too great, we have adopted the most conservative approach, using foreign exchange to acquire Hong Kong dollars on the market, hoping that this method can be used to curb the depreciation of the exchange rate."
The Hong Kong dollar exchange rate still depreciated irresistible to below 9.6 yuan, and the 10 yuan mark seems to be in danger.
"This time, the Hong Kong government's attitude is so firm that it must have a will from London. London supports it, the north should support it, and even the United States may support it."
"Do you have any ideas about this?"
Unlike Miramar Hotel and Jinlibao Real Estate, the founder of Crocodile Shirt holds more than 51% of the company's shares and is the absolute controlling shareholder.
The Lin Baixin family of Lixin Group started out in clothing and was very interested in crocodile shirts.
He also asked someone to investigate the crocodile shirt company. The information was on the table and he threw it directly to Huo Jianning.
Qin Fan went up to him and listened to Shen Zhu's explanation before he realized.
Speaking of this, Youde paused for a moment before continuing to speak:
"But it's been half a month. This conservative treatment has proven to be ineffective. Gentlemen, one of the methods we tried has failed."
And if you pay a little attention, you will find that these Chinese are not Hong Kong people.
The new acquisition plan has been put on the agenda, which was carefully planned by Qin Fan, but he did not participate in the negotiation of crocodile shirts. His team is fully capable of handling the deal.
Chen Jun alone controls more than 50% of the equity of Crocodile Shirt, and he began to contact interested buyers at the end of this year.
William needs to announce the regulations to the public, and these two people are required to be present at the same time.
In parallel time and space, Chen Jun will sell all crocodile shirts next year.
They were the president of the Hong Kong Island Branch of Huaxin News Agency and several important department personnel invited by the Hong Kong government in desperation.
Chen Jun worked hard for 30 years to form a clothing empire. Who would be willing to sell such a family business with endless development potential?
"The depreciation of the exchange rate has affected the people's livelihood in the whole city. The most typical example is that the average price of rice is generally three times higher than last year!"
Their qualities of seriousness, diligence and discipline can only be cultivated in the north.
This is a huge risk.
"Qin Sheng! Good news, absolutely good news for you! Your investment may make a lot of money!"
Because of Qin Fan's appearance, the Governor of Hong Kong felt desperate earlier than in parallel time and space, and introduced this extremely risky decision earlier.
This company cannot obtain controlling stakes through sniping, and must adopt normal negotiation methods to convince the Chen family to transfer the equity to Daqin Group.
That is, the bottom line will never change. However, in terms of daily necessities, the mainland can provide some convenience to Hong Kong Island.
Central District Union Office Main Office.
Since then, the Hong Kong dollar exchange rate has stabilized. Except for being challenged once in 1997, it has never deviated from this exchange rate at other times.
Qin Fanren is still in the Extraordinary Investment and Finance Operation Room at HSBC’s temporary headquarters. He is learning about the Hong Kong dollar exchange rate today.
"I've found someone to check it out. Crocodile Shirts has 37 large-scale franchise stores in Xiangjiang, all of which are owned industries in the golden area. If they can be purchased, the Daqin chain monopoly will have more than 50 stores this year.
"Under this situation, the Hong Kong dollar exchange rate will not depreciate again. The market's confidence will definitely be increased wirelessly."
[At the same time, from now on, all Hong Kong dollar issuing banks must hand over the US dollar to the WAIC at the exchange rate of HKD 7.80 to 1 USD when issuing any amount of HKD, record it in the foreign exchange fund account, and print the money after receiving the liability certificate.]
It can only be limited to daily necessities and grain. As for other substances that the mainland itself lacks, such as oil, materials, etc., even if you want to provide them, there is no way.
"My goal is inside."
Huo Jianning quickly took the document and couldn't wait to open it and read it.
In today's meeting, there were rare figures of people who were not Yin Guo, and several Chinese people also participated.
The problem is that Du Kangming is not the only one in the conference room, and no one in the other ghosts talks. The atmosphere is solemn and awkward for a moment.
Even though Qin Fan used high leverage and invested more than 20 billion US dollars to buy more, the Hong Kong government also invested a lot of foreign exchange reserves to increase exchange rates.
He looked at everyone.
The three of them will take the second biggest blame.
"It's up to man, how can you know if you don't try it?" Qin Fan shrugged.
It was soon mid-September, September 17th.
The most unlucky Hong Kong Governor Youde, who even died in office in parallel time and space, had to come out to smooth things out.
"The most important thing is that the Crocodile Shirt Building is the most valuable asset. It is also the main reason why I am eyeing this company. This building is located on Connoe Road in Central, next to the headquarters of Hang Seng Bank, and is more than 40 stories high. Standing on the roof, you can overlook the Central Pier."
The consequences faced by the Hong Kong government include but are not limited to bankruptcy and collective resignation.
To be continued...