Chapter 1022 Currency and financial predators
"Xiao Jiang, do you want to speculate in currencies?"
Lao Tang took a sip of tea and asked curiously.
"I just feel that the Hong Kong dollar may encounter risks in the near future."
Of course, Jiang Hua cannot speculate in currencies. Compared with making quick money in the financial field, he still prefers to work hard in industry.
"This is impossible. The current exchange rate market is very stable, and the economic environment is also very stable. How could we encounter a currency crisis for no reason."
Ding Huishan smiled and rejected it.
She is an executive at HSBC and majored in finance at university. Judging from her professional knowledge, the Hong Kong dollar exchange rate is stable and is unlikely to encounter risks in the near future.
"Our city is in line with international standards. The current international economic situation is good, and there will not be any major changes in the currency market in the short term."
Lao Tang also agreed with Ding Huishan's judgment.
"Don't be too arbitrary. Xiaojiang certainly has his reasons for saying this. Is it because of Morgan?"
Xu Lan has the most contact with Jiang Hua, so she naturally understands his abilities.
Moreover, although she cannot see the crisis in the currency market, she is still aware of the recent changes in the Hong Kong stock market.
"Yes, I heard that the Morgan consortium and several major banks in Hong Kong have borrowed huge amounts of money. I wonder how much they borrowed from HSBC?"
Jiang Hua looked at Ding Huishan with bright eyes.
The amount of the customer's loan is a confidential business in the bank. Ding Huishan was a little embarrassed for a while and didn't know whether to answer this question.
"If it's not convenient for Miss Ding to say it, then forget it."
Jiang Hua smiled gracefully.
"It's not inconvenient. Morgan borrowed 7 billion from HSBC. As for how much he borrowed from other banks, I don't know."
Ding Huishan made an exception and did not abide by the confidentiality rules.
She is known in the industry for being aloof and principled, but Jiang Hua is so good that she breaks her principles.
"After borrowing so much, what is Morgan's purpose for doing this?"
Lao Tang murmured to himself.
He is engaged in the real estate industry and often borrows money from banks, but he borrows money to develop his business. However, an international consortium like Morgan should not be short of money, let alone Hong Kong dollars, so the other party's behavior of borrowing large amounts of money is very disturbing.
Can't understand it.
"The repayment interest rate they offered was higher than that of normal loans. In addition, the other party is an established consortium with guaranteed credit. After the board of directors held a meeting and discussed it, they agreed to the loan."
Now that Ding Huishan has opened her mouth, she no longer hides it and tells the inside story about Morgan's loan.
"With Morgan borrowing such a large amount of funds, HSBC's money supply should be relatively tight, right?"
Jiang Hua is not a person in the financial field, but as a reborn person, he has experience and insights from his previous life and can better see Morgan's operating methods.
Morgan borrowed huge amounts of Hong Kong dollars from several major banks in Hong Kong, and then converted these Hong Kong dollars into U.S. dollars. Once the Hong Kong dollar depreciated sharply in a short period of time, Morgan would be able to pay off the previous borrowings at a very small cost.
.
This is comparable to being a banker in the stock market. The money comes in much faster, and the profit can be billions of dollars. This is also incomparable to the stock market.
"Our money at HSBC has indeed been tight recently, but it is still above the safety line. Why is Mr. Jiang suddenly concerned about this?"
Ding Huishan couldn't figure out why Jiang Hua was so interested in HSBC's affairs.
"What if, I mean what if, a large number of depositors come to withdraw money and there is a run crisis?"
Jiang Hua stared at Ding Huishan and asked.
"This situation is impossible to happen. How can depositors come to the bank in droves to withdraw money?"
Ding Huishan found Jiang Hua's hypothesis a bit funny.
"Well, since Miss Ding is so confident, just pretend that I didn't say anything."
Jiang Hua spread his hands and smiled.
Some things, unless you experience them personally or witness them with your own eyes, you won't believe that they will happen.
For example, before Lao Suo shorted the Thai baht in his previous life, who would have believed that one person could compete with the economy of a country.
It is precisely because Lao Suo did it that he successfully became a god.
Now, Jiang Hua faces Morgan. They are not necessarily weaker than Laosuo, they may even be stronger.
"Junior sister, Jiang Hua has always had a keen eye. I think what he said is not impossible to happen. I think you should remind the top management of HSBC."
Seeing the atmosphere in front of her, Xu Lan felt a little embarrassed and stood up to smooth things over.
"I know exactly what to do."
Although Ding Huishan admitted that Jiang Hua was excellent and made an exception to reveal some bank insider information to him, she was a proud person at heart after all. She thought Jiang Hua was a bit unfounded.
"Xiao Jiang, I heard that you are cooperating with Shaw Brothers to transform Kowloon Walled City into a film and television city?"
Lao Tang was a very tactful person. When he saw that the topic between Jiang Hua and Ding Huishan had reached a deadlock, he immediately took the initiative to change the topic.
"Yes, although the Kowloon Walled City is a cancer, it represents part of the history of Hong Kong. If it is turned into a film and television city, it will have its own unique cultural charm."
Jiang Hua ignored Ding Huishan.
In the previous life, the reconstruction project of Kowloon Walled City was taken over by the people from Little Man's side. They took a fancy to the unique value of the Walled City and transformed part of the Walled City into a film and television city, making a lot of money from this.
Now that Jiang Hua has taken the lead and negotiated this project with Shaw Brothers, there will naturally be nothing to worry about.
Ding Huishan's arrogance and coldness were just a way for her to attract men. Now that Jiang Hua ignored her and turned around to talk happily with Lao Tang, she felt a little unhappy.
"Senior sister, Xiaojiang is different from the men you have come into contact with in the past. This set of methods of yours will not work in front of him."
Xu Lan sat next to Ding Huishan and lowered her voice.
"I can't give up my own judgment just to cater to him, right?"
Ding Huishan was used to being proud. Even if she felt regretful in her heart, she would not admit it with her mouth.
"To be honest, I think Xiao Jiang is not unfounded. Morgan's recent series of actions are indeed intriguing."
Xu Lan sighed in her heart for her schoolmate.
It is really not good for a woman to be too proud. She introduced Ding Huishan to Jiang Hua with good intentions, but Ding Huishan's arrogance caused her to miss the opportunity to establish friendship with Jiang Hua.
Ding Huishan may not regret this mistake now, but as time goes by, Xu Lan believes that Ding Huishan will regret today's stubbornness more and more.
"Mr. Tang, I am going to recruit a group of construction workers from the mainland. Can you arrange the food and accommodation for these people in advance?"
Jiang Hua will return to Shenzhen City tomorrow, and he will bring many people here this time. The eating, drinking, and drinking of these mainland construction workers are all problems that need to be solved.
"That's easy to say. I'll let my subordinates arrange it later. Thanks to you this time, those construction companies who are watching the excitement actually want to let them daydream."
Lao Tang said cheerfully.
He felt that the Guo family had stolen the chicken but lost the rice this time, and had been a villain in vain.
"Mr. Tang, Aunt Xu, it's getting late, so I'll take my leave first."
Chapter completed!