Reborn in America, I'm serious about making money.

Chapter 312 Only Gold Can Be Bought

The announcement from Lihua Group naturally caused a huge stir. However, the bigwigs in Hong Kong were well aware of Lihua Group's investment situation back then, and they also knew that selling residential properties was a normal occurrence. Even if they sold properties worth HK$30 billion, they could repay the HK$30 billion loan, but the rental income might not be enough to cover the HK$2 billion in interest.

This is only natural; when the benefits are not proportional to the efforts, one will naturally act in this way.

Meanwhile, the overseas financial group is also facing some difficulties in recovering its 30 billion yuan in loans. Their advisor, Stephen Zhang, has advised them to be cautious with lending; aside from established, reputable companies, the only other options are mortgages.

In addition to these secured loans, there are also financial loans, such as stock margin financing, securities underwriting, financial investment, and sponsorship, which they are also adept at.

Many mainland Chinese internet companies also had them assist in their IPOs and underwrite their stocks.

In comparison, overseas financial groups have a very good reputation in mainland China, and mainland companies are willing to cooperate with them. They provide various services to protect their interests in the Hong Kong stock market.

Many companies listed in Hong Kong, including a Shenzhen-based instant messaging software company, underwrote HK$2 billion worth of shares for them. Of these shares, only HK$500 million were purchased by overseas financial institutions for financial investment and entered the market.

Many mainland internet companies also list on the Hong Kong stock exchange through overseas financial institutions.

Right now, they are holding an emergency meeting in their conference room. The content is very simple: they will temporarily stop increasing the amount of new investment in Hong Kong stocks and use the remaining funds to buy gold.

Hong Kong does offer gold futures, but it primarily follows the pricing models of London and New York. However, sometimes the price of gold futures in Hong Kong is higher than in those two cities.

"Our current size is too large, which greatly reduces our ability to withstand risks. Starting today, we are suspending our investments in the stock market. We will redirect those dividends to new areas, establish a new department, and focus on investment..."

At the highest-level internal meeting, Zhang San, the special advisor, sat in the main seat, flanked by the group's core senior executives. This meeting was also the most confidential.

Even so, Zhang San still talked about some vague things, only mentioning risks and diversifying investments, without specifying any particular direction.

Even these core executives, Zhang San didn't really trust them. In his view, these people were just tools to help him manage the group.

"At that time, I will select some people to form a temporary department. You should prepare for the relevant work."

Now, Zhang San no longer needs to resort to any underhanded methods; he can simply use legitimate means. Before, when he had no money, he naturally had to be careful and cautious. Now that he has money, he can openly and honestly raise funds.

Where will Zhang San invest this time? In gold, of course, and specifically spot gold. The people he's assigned are just a few traders.

Zhang San himself has a huge amount of gold stored in the vault of a bank under an overseas financial group. He bought the gold for nearly 10 billion US dollars at a 30% discount. What was the price of gold back then? More than 300 US dollars per ounce. Although this gold is not pure, you could say it is 80%-90% pure, but it still weighs about 700 tons.

This is like they emptied out that country! No wonder the "Ten Thousand Towers Project" is so legendary. They say it took trillions of dollars from the northern big brother.

However, Zhang San was somewhat convinced at the time. If he hadn't been personally involved, he wouldn't have believed there were so many. He alone had amassed about 700 tons of gold, not to mention those in Europe and America.

It's close to a trillion, after all, that's the wealth accumulated by the big brother in the north over the past few decades. Not to mention the gold, those huge, colorful diamonds alone are worth a lot of money.

Back when Zhang San was expanding the mainland the fastest, he relied on various resources from there, such as steel, timber, and minerals, to build his business.

And what did he give in return?

He also received more than twenty transport planes, including those for light industrial products and food.

He used those resources to curry favor with people in various places, which earned him a large amount of land, which he then used to build Lihua Supermarkets or real estate, allowing him to expand very rapidly on the mainland.

However, this is a win-win situation, with everyone getting what they need, and it also brings a lot of jobs to the local area.

Now, he is about to scale back his operations, not only because of the global financial crisis that will arrive in a few years, but also because of the shift of the economy away from the real economy and towards the virtual economy. In the future, the virtual network economy will prevail, and industrial manufacturing will gradually decrease.

His overseas planting business will also receive more orders, as demand in mainland China has been growing. Some people may think that there are four major grain traders in the world: A, B, C, and D. However, there is now an invisible grain trader, namely him. He owns a large number of farms in North America. Since he inherited everything from the former founder of MS, he will follow in his footsteps.

He not only owns a large amount of land in North America, but also in Europe, New Zealand, and Australia. It can be said that he is the fifth largest food supplier. Otherwise, he would not have provided so much food to the Big Brother in the North back then, so that they would not starve.

Europe and America have always believed that it was the food provided by the mainland that allowed them to live a better life...

Now, just as gold is about to rise, he is preparing to have a batch of gold stored in overseas financial institutions, so that his gold reserves can reach a certain amount. However, he cannot let too many people know about it, mainly to avoid making people envious.

Otherwise, it will cause a lot of trouble.

As a symbol of wealth, gold easily attracts the covetous eyes of others; as a traditional asset for preserving value, gold has many advantages, the most obvious being its ability to hedge against inflation.

During periods of inflation, the purchasing power of money decreases, while the price of gold typically rises, thus maintaining its real value.

Gold has a relatively stable value, unaffected by political, economic, and social factors. It is a finite resource with a relatively fixed supply, while demand continues to grow.

Therefore, the price of gold usually rises over time, thus providing investors with a means of preserving and increasing their wealth.

Gold also has advantages such as high liquidity, ease of storage and trading.

Given its many advantages, Zhang San naturally wanted to buy more and stock up.

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