Reborn in America, I'm serious about making money.
Chapter 160 Run Fast
How can you sell a daily necessity quickly? By offering a discount, of course.
Hong Kong people can be described as a very traditional group of people. They love to save money, and it is very difficult for them to transfer their money out of the country. However, they are also a shrewd group of people. If certain goods are on sale, they will line up to buy them.
Zhang San also needs to run away quickly; his size is too large.
"Mr. Li, we have a great deal on a property today, it's on sale at a discount, you could say it's a rare find. It's 95% off, which is a huge discount."
Today, real estate agents near Yau Ma Tei started recommending Yau Tsim Mong, saying it's becoming increasingly prosperous, even more so than the main island.
The nearby residences naturally attract many people.
Zhang San's nearby properties, based on current market value, are worth over HK$3 billion. These are among the last properties he owns in Kowloon Peninsula.
Therefore, he decided to quickly sell off his assets, and he has already recouped nearly HK$50 billion, the majority of which came from transactions with the Lihua Group.
Zhang San felt there was no need to dwell on these 3 billion yuan; he should finish quickly and then exchange them for US dollars.
The main reason why Zhang San sold those properties, especially the commercial properties, to Lihua Group was that he still wanted those properties.
Then he sells the stock to cash out, and when the stock price drops, he buys it back. This back-and-forth process greatly reduces his holding costs.
Many people watch Hong Kong and Taiwan movies just for entertainment, but they actually reveal the business strategies, grudges, and love affairs that have plagued Hong Kong for so many years.
Sometimes, Zhang San feels that movies reflect reality, and the most memorable thing for him is a dialogue.
"Look outside, those people who own those buildings, which one of them actually built? They just got them by deception."
"They tricked people out of their money, and in the end, nothing happened to them. What's wrong with what I did? What's wrong with me being the same as those people? Isn't that what everyone does?"
Sure enough, that statement was absolutely right. Zhang San naturally followed the instructions in the TV series and began to act accordingly. As for moral bottom lines, those were useful to ordinary people, but not to him.
In Hong Kong today, thanks to the rise in the stock and property markets, everyone is living a good life. Although rent is expensive, people can afford to rent a place.
Zhang San's house, worth over 3 billion Hong Kong dollars, was eventually sold. Sure enough, there are always buyers when things are cheap; as long as it's cheap enough, there will be opportunities.
Besides Hong Kong, there's also Southeast Asia. Golden Globe Bank has a strong presence in Southeast Asia, and what they've been doing most recently is exchanging local currencies for US dollars and then sending the money to North America to buy internet stocks.
This operation is illegal, whether in Southeast Asia, North America, or anywhere on Earth. It's illegal! It's misappropriating customer funds and transferring them out of the country. This is clearly against the rules.
However, in Southeast Asia, as long as you give them money, that's fine. And the Golden Globe Bank's operation wasn't wrong either. Golden Globe Bank is an international bank and needs to allocate funds.
A North American company borrows Thai baht, converts it into US dollars, and then uses the money to buy stocks in North America. Is that reasonable?
"Reasonable."
Then use stocks, borrow baht, and then exchange it for US dollars. Is that reasonable?
"Reasonable."
Is this leverage?
"Reasonable."
Their purpose in doing this was to obtain more local currency, then deplete their foreign exchange reserves in advance before launching an attack.
Solomon's short-selling plan targeting Southeast Asian countries began as early as 1996, and in addition to his preparations, a large number of people cooperated with him.
As the ancients said, no event is isolated, and if you investigate carefully, you will find that some things, after careful analysis, are actually a series of interconnected events.
Like other countries in the Greater China cultural region, they like to save money, so they don't like to consume. How then can capital make money?
In places like Hong Kong, they can simply use real estate to collect the money and transfer it into their hands.
On the other side of the world, in North America, He Meitian went through a difficult childbirth and finally welcomed the birth of a new life.
Zhang San stood excitedly to the side, his eyes filled with joy and emotion. He carefully took the baby, and the soft little body melted his heart.
Zhang San gently stroked the baby's cheek, feeling the delicate skin, his heart filled with fatherly love.
He Meitian looked at Zhang San and the baby, her face beaming with happiness. Although she didn't know why, she felt a weight lifted off her shoulders.
Perhaps she wanted to compete with that older woman; a woman's competitive spirit is actually quite simple.
This is Zhang San's second child, but Guan Meiren feels a little bitter at this moment; she has been living with Zhang San for several years, but she has not been able to conceive a child.
Chai Xiaofen and He Meitian both gave birth to a child one after the other, which made her a little nervous and wonder if there was something wrong with her.
"Sister Lin, you've seemed distracted lately. Is something wrong?" He Meitian asked, puzzled by her recent behavior.
"I...no, no." She waved her hand, emphasizing her words, and then said, "I'm going back to my room."
"Sister Xiaofen, is Sister Lin hiding something from us?"
Chai Xiaofen gave a wry smile and said, "We all have them, but she doesn't. She's probably feeling a bit unbalanced."
"Oh!" He Meitian seemed to understand but not quite. In Chai Xiaofen's opinion, Zhang San had done something terrible.
Zhang San didn't care about any of that. He took advantage of the opportunity to go out to work to meet his other lover, Zhou Huimin.
Zhou Huimin is arguably the hottest star in Hong Kong and throughout Asia. She has not only released music albums but also starred in many movies, making her a sensation across Asia.
Strictly speaking, this "Asia" refers to the Southeast Asian part of East Asia.
"Ah Min, I heard your album sold really well again. Congratulations!"
Zhang San's congratulations were meant to tell her, "How was it? I did everything I promised you, didn't I?"
Zhou Huimin looked at the man in front of her with a complicated and somewhat unfocused gaze, as if she were overwhelmed with mixed feelings.
"No need to thank me, I only helped with a few small things. Once I acquire Baolijin, I'll make you the top star."
Zhang San wasn't exaggerating; he really is preparing to acquire Baolijin, and this acquisition will amount to 10 billion US dollars.
Currently, Baolijin's two major shareholders, Siemens and Philips, each hold half. If one wants to acquire Baolijin, one must persuade these two companies. But will these two companies sell?
Of course it will, but not so soon.
The two major shareholders believe that the record industry is a thing of the past and the future belongs to digital music; therefore, they want to sell Baolijin.
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