Chapter 649 Dual Exchange Rate System
The cosmetics company wanted to expand its scale, and Ye Zhen went to the mainland to choose a factory location, so she was in charge of the company's affairs for the time being. Several companies under her name also had some matters to deal with, and she was extremely busy.
November has arrived in a blink of an eye.
On this day, Lu Jiaxin went home after get off work as usual and did yoga for half an hour. When she went downstairs and saw that Nie Zhan hadn't come back yet, she called him and asked, "You'll be home soon, right? That's okay, I'll wait for you to have dinner together."
Generally speaking, Nie Zhan would call her in advance if he didn't come back for dinner. However, in unexpected situations, you will forget that it has happened once before.
Nie Zhan arrived home ten minutes later.
Seeing his solemn expression, Lu Jiaxin asked, "His face is so ugly. What happened to the company?"
Nie Zhan didn't say anything, he just held her hand and said, "Come upstairs with me. I have something to tell you."
Lu Jiaxin was a little confused. There have been no problems with the group's companies recently! But I didn't expect to hear news from Nie Zhan when I waited upstairs. SL implemented a dual exchange rate system.
Nie Zhan said: "They originally implemented a fixed exchange rate for the exchange with the green currency, just like the Hong Kong dollar. In the case of SL, there are very big hidden dangers in implementing a dual exchange rate system."
Lu Jiaxin knew that there were many problems before the disintegration of SL. Later, the leaders made successive decisions wrongly. It's just unclear how it was done. The only certainty is that after the disintegration of SL, the rupee depreciated precipitously.
Nie Zhan was originally a trader and had been speculating in financial products over the years, but he always used his spare money and did not spend all his money like Lu Jiaxin did at the beginning.
Seeing that Lu Jiaxin didn't say anything, Nie Zhan explained in detail: "This policy gives speculators the opportunity to speculate in international currencies such as green coins and pounds, and then induces the public to exchange their rubles into green coins and pounds at extremely high exchange rates."
On the surface, it is financial liberalization, but in fact, it has fundamentally changed the status of green currency. Such a big country cannot see these potential huge dangers.
Lu Jiaxin thought for a moment and asked, "What do you say?"
Nie Zhan said: “After the SL economic market is fully liberalized, many investment banks and commercial banks will enter SL, and various business institutions will quickly occupy the market in SL, and then adopt some strategies to convert state-owned assets into private assets. This is also a trend. A way of misappropriating state-owned assets.”
When Lu Jiaxin heard this, she couldn't help but think of the early days of reform and opening up, when many state-owned assets were converted into private assets and occupied. Alas, the world is as black as crows.
Nie Zhan said: "You said before that SL will disintegrate in three to five years. I think it is impossible. But according to this trend, it is really possible."
"My instincts are never wrong."
Nie Zhan responded with a smile, and then said: "Jiaxin, I am planning to invest in Wansheng Bank."
Lu Jiaxin understood immediately after hearing this: "You want to become a shareholder of Wansheng Bank, and then go to SL to open a branch to get a piece of the pie."
Seeing him nodding, Lu Jiaxin frowned and said, "Will your elder brother agree?"
Nie Zhan was silent and said: "There are many internal problems in Wansheng Bank, which may go bankrupt once they are exposed. If I buy shares, I will carry out rectification, and then inject a large amount of funds into the SL market. By then, I should be able to fill most of the shortfalls."
Lu Jiaxin didn't want him to clean up this mess, but it was hard to say this, after all, the relationship was so good. She thought for a moment and said, "We can borrow the name of Wansheng Bank and open a branch in SL, but we will hold 100% of the shares."
It is a very common investment method. It is said to be a branch, but it operates independently and is responsible for its own profits and losses. Just borrowing the name of the parent company can be convenient and save a lot of trouble. Nie Zhan never thought of this method.
Lu Jiaxin didn't want him to always deal with the aftermath of the Nie family. Even though he did so many things, they didn't remember it well: "Azhan, the problems of Wansheng Bank are so serious. If you want to solve all these hidden dangers, you will need huge financial resources."
"And even if you buy shares, your shareholding ratio cannot exceed Nie Jingwen's. By then, we will not benefit much from promoting this investment. In business, you take huge risks but do not get corresponding returns. Are you willing to see your brothers? It's okay to suffer this loss in terms of love, but I don't want to.”
If Nie Zhan buys shares in Wansheng Bank, she won't stop him, but she won't invest any money.
Seeing Nie Zhan thinking, Lu Jiaxin continued: "Also, your eldest brother has no courage. Opening a branch in SL is a very risky investment and he will not agree to it. We will open a branch in SL ourselves. If our guess is wrong It's our own loss, so we don't have to explain it to your brother or the investors; if the speculation comes true, we don't have to share most of the profits.”
Nie Zhan was silent for a moment and said: "Then as you said, let's borrow the name of Wansheng Bank to open a branch in SL. I will go and talk to the elder brother tomorrow."
Lu Jiaxin felt that Nie Jingwen was not in a hurry: "Persuading Mockridge to invest in our bank will help us find a backer!"
Nie Zhan nodded and said: "I will push forward the bank matter. When the time comes, we will build a branch in SL, but before that, we can speculate in rubles first."
Lu Jiaxin thought for a moment and said, "I can raise 500 million green coins in three days, including the 80 million betrothal gift you gave me."
Nie Zhan doesn't have that much cash flow, and now only has 60 million green coins on hand. In fact, neither a company nor an individual will leave much cash flow. Goods are like rotating goods. Only when money keeps circulating in the market can money make money. However, Lu Jiaxin is an exception. She holds a lot of stocks and can raise a large amount of cash by selling them in a short period of time.
Nie Zhan nodded and said enough.
After talking about this, the two of them went downstairs to eat. While walking, Nie Zhan mentioned Tao Yong and Yu Meitong again: "I called him and asked him, and he admitted that he was pursuing Miss Yu."
Lu Jiaxin found that he had also become gossipy: "What about Sister Meitong? Her attitude has softened, but she is still unwilling to contact him? If Sister Meitong doesn't agree, don't stalk me."
Nie Zhan said with a smile: "Miss Yu had dinner with him yesterday and made an appointment to go hiking together on Sunday. It doesn't take long for the relationship to be confirmed."
Lu Jiaxin thought for a moment and asked, "Is Tao Yong pursuing Sister Meitong really because he likes her? Or does he have other purposes?"
Nie Zhan laughed and said: "He said that he saved Yu Meitong that day, and when he saw her going crazy with alcohol, he remembered his former self. After going back, he thought about the scene that night from time to time, and after realizing that he was attracted, he took the initiative to make an appointment with Yu Meitong. Home Xin, Tao Yong is very serious about relationships. Since he is attracted to Yu Meitong now, it must be because of love and not for any other purpose. "
"Miss Yu has assets of 20 to 30 million. Tao Yong is now a billionaire and has more assets than her. As for resources, the Yu family has immigrated, so there is nothing to calculate."
Lu Jiaxin hummed and said, "Don't talk about this again in the future. Even if the two of them are together, I hope I know about it from Sister Meitong."
Nie Zhan nodded and said with a smile: "Tao Yong's family is pressing for marriage. If they are really dating, they will definitely get married before us."
"That's good too."
There are only two updates today. I went to a meeting this morning and didn't get home until nine in the evening. I was really sleepy.
(End of this chapter)
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