Chapter 248 Financial Empire Concept
Chai Jin stood up, showed neat teeth in front of the hotel's large floor-to-ceiling glass, and shook hands with Cause dry smile.
"I wish you success."
Cawbys and Nivanov also smiled.
What kind of character is Chobais?
One of the six major oligarchs in Russia's previous life! He is also a stolen figure in Russia nowadays.
In just one year, Chai Jin has been at ease in the high-level circle.
I went to have dinner with them at noon.
Chai Jin was very eager to know everything about the current situation in Russia.
Cawbys didn't treat him as an outsider, and he said everything on the table.
Let’s put it this way, it’s a place that is even more barbaric than the Chinese dual-track economic period.
The oligarch who started a "cooperative" in the Soviet Union became the order and rule controler of this wilderness period.
For example, in 1992, the interest rate of banks was 15 to 20 points, but Russia's inflation reached 25 points in the current year.
The exchange rate between rubles and rice dollar plummeted.
What will this cause? Banks have no interest in lending, so these oligarchs began to speculate on exchange rates.
Countless people made a fortune by speculating in foreign exchange.
If the money from banks cannot reach the market economy, ordinary people will definitely have a hard time.
A professor earned two hundred rubles a month during the Soviet Union, but nowadays, he could only watch his life savings, and only enough to buy one for bread in a very short time.
It was a barbaric world that was ruleless and disorderly and controlled by oligarchs.
Chai Jin believes that he is not a good person, and the capital market is cruel.
It is destined to move forward with blood.
So even though he had spent 10 million meters of dollars in meeting Cause, he obtained Russian high-level resources that others might not be able to obtain even a billion meters of dollars.
For a moment, Huasheng Future, which had a combination of exchange rate and trade in Chai Jin's mind, began to weave needles and threads in his mind.
The general idea is this: exchange the Chinese currency in your hand for rice dollars and pledge it to lend a large amount of rubles to the Russian bank.
Then exchange the ruble for more Mi Yuan to shake hands.
For example, the current ruble is 10 rubles to exchange for 1 meter yuan.
But ten days later, it may only be 15 rubles to exchange for 1 meter yuan.
It means I earned 5 rubles by 1 meter yuan.
But the ruble's purchasing power in the country has not declined so quickly.
I replaced the rice dollar with rubles and returned the rubles I had loaned from the bank.
Taking the five rubles I earned, I purchased a large amount of domestic goods in Russia and transported them back to China for sale.
Then exchange the profits that were sold for Mi Yuan, thus forming the economic and trade empire of Huasheng Trade.
Of course, you can also use Mi Yuan to acquire heavy-duty enterprises that were going to be privatized in the former Soviet Union.
For example, Russian gas.
For example, oil companies, etc.
This is a double benefit.
First, I have contributed to the Russian economy because I purchased goods from your factory, and I have rescued your discontinued factory.
Second, I also made a lot of cash.
The most important point is that Chai Jin will establish an image of credible capital in Russia.
The Russian oligarchs are now booming and manipulating everything.
But once the strongest man on Earth takes control of Russia, all of these people will have to pay the price for today's cold-blooded behavior.
Chai Jin wants to be an oligarch, but also an oligarch who stands tall in Russia. From the beginning, the shit on his butt must be wiped clean.
Thinking of the ruble exchange rate problem.
He was dizzy and Chai Jin, who was sitting behind the car, suddenly sat up again, as if he had remembered something.
"Monk, has Fang Yi gone to the Port City?"
Ji Yuan was already used to Mr. Chai Jin asking questions suddenly.
He knew that he could not understand what Chai Jin was thinking.
He spoke, "I'll go there this morning."
"What's wrong with Brother Jin?"
Chai Jin frowned and was silent for a while.
After thinking for a while, he said, "I understand."
Then he picked up the phone and called Fang Yi.
After receiving the order from Chai Jin, Fang Yi was not in a hurry to go to Hong Kong City a few days ago.
But I have been searching for experts in Port City.
Chai Jin was also willing to give money, so he directly gave the budget of 5 million monthly salary to poach people.
After all, Fang Yi used to be a person in the Shenzhen Stock Exchange securities circle, so the team was quickly formed.
The next step is to register in Hong Kong City.
On the phone, they just landed in Harbor City.
But when I received a call from Chai Jin, I didn't feel tired at all.
Standing in the hotel and looking at Victoria Harbour outside, full of dreams: "Brother Jin."
Chai Jin's car had already arrived at the gate of the yard.
But didn't get off the car.
Smile: "Have everyone gone?"
Fang Yi nodded: "Well, we've all come here."
"We will start registering tomorrow."
Chai Jin nodded: "Sure, you can start with the registration matters, but now you can start immediately if you have something."
Fang Yi came to his spirit: "Brother Jin, tell me."
Chai Jin said: "Use foreign exchange?"
Fang Yi smiled: "How can someone who works in securities do not understand foreign exchange?"
"There are also a few such experts in our team."
Chai Jin nodded and continued: "I will ask the finance department to allocate 500 million yuan to you as startup funds."
"In addition, after the company is registered, all the company's funds will be invested in the Miyuan Market."
"To put it bluntly, I just exchange all the money for Mi Yuan and keep it moving!"
Fang Yi was stunned for a moment.
He didn't expect Chai Jin to do so quickly.
He asked strangely.
Chai Jin didn't explain it too thoroughly, but he bet that the Chinese currency pair Mi Yuan will depreciate rapidly this year!
Before 1993, the exchange rate of the Chinese currency against Miyuan was always above 5 points, and the fluctuations were not very large.
But as soon as it entered 1994, the exchange rate began to swing sharply, and the Chinese currency began to depreciate rapidly against the rice dollar.
The exchange rate has become 8 to 1 upwards.
This wave will allow Chai Jin to obtain a large amount of Chinese coins!
The financial empire conceived by Chai Jin is divided into two levels.
First, use the ruble to plummet and embezzle Russia's huge resources.
Second, use this wave of Chinese currency plunge to obtain more Chinese currency to develop your own industrial empire.
An industrial empire, a financial empire.
This is his initial idea.
Fang Yi felt that Chai Jin was too aggressive, and always felt that the Chinese currency mentioned by Chai Jin would plummet, which was extremely impossible.
But after Chai Jin said this, he didn't know what he was talking about.
The promise was made on the phone.
While the two were chatting on the phone, there was a young man with a very anxious expression standing outside.
He was about twenty-five or twenty-six years old and was sweating profusely. He seemed to have encountered something big, and he was following Liu Shan.
Liu Shan's expression was also very anxious.
But seeing Chai Jin calling in the car, they didn't dare to interrupt Chai Jin.
Therefore, I can only wait outside.
After waiting for a long time, Chai Jin finally hung up the phone.
He pushed open the car door and looked at the young man he had never seen before.
Chapter completed!