MTL - Rebirth 1983: Starting From Taking Back the Family Property-Chapter 328 Short Green Coin Japanese Yen
Chapter 328: Short Green Coin/Japanese Yen
Lu Jiaxin opened foreign exchange accounts at three banks: HSBC, Standard Chartered and IWC. She originally wanted to diversify risks, but later realized that it was completely unnecessary with her own capital.
After selling all the stocks, Lu Jiaxin converted all the money into green coins, a total of 30 million. She had the best impression of the managers at HSBC, so she deposited all her money into this account.
After all the money was deposited into the HSBC foreign exchange account, Lu Jiaxin only had HK$1.6 million left in her daily account. However, her biggest monthly expense is rent, which has been paid for a year. The rest is living expenses and bodyguard wages, which can last for more than half a year.
Wu Ziyue was shocked when he heard her request: "Short Green Coin/Japanese Yen 30 times, Miss Lu, if you go short 30 times, your position will be liquidated as long as the exchange rate rises by 3%, and you will lose everything."
Lu Jiaxin has also asked him to help speculate in foreign exchange for more than half a year, but there are only 600,000 green coins in the account. There were losses and profits, and it was basically the same in more than half a year. It was really too much for him to suddenly spend such a large amount of money to speculate in foreign exchange with such a high leverage.
Lu Jiaxin said: "Speculating in foreign exchange is basically gambling, so bet bigger. Manager Wu, can this business be done? If not, then I will go to another bank."
Wu Ziyue still persuaded her earnestly that even if she wanted to speculate in Green Coin/Japanese Yen, she couldn't use such a high leverage. Ten times was already very high, but Lu Jiaxin remained unmoved no matter how much he tried to persuade her.
Lu Jiaxin knew that he meant well, so she thought for a moment and said, "Manager Wu, I know you are doing this for my own good. But since I dare to buy like this, I have my own reasons. Please help me with the bill!"
She actually wanted to use 50 times leverage to speculate, but the bank would not pass such a high leverage. The only option is to settle for thirty times the leverage.
Wu Ziyue looked at her doubtfully: "Ms. Lu, could it be that you got the news and judged that the Green Coin/Japanese Yen will fall?"
Lu Jiaxin smiled, and then said: "Manager Wu, I remember that you have a confidentiality agreement, and I need to sign one. No third party other than you and me can know about this matter."
Wu Ziyue said that there was indeed a confidentiality agreement: "Ms. Lu, no matter whether you make a profit or a loss on this business, for such a high leverage, I have to apply with Taipan. But don't worry, we at HSBC have never leaked customer information in so many years. .”
“Then go ask your general manager!”
Wu Ziyue came back more than ten minutes later and said that Taipan had agreed to give her a loan. But when Lu Jiaxin was signing, Wu Ziyue stopped her again: "Ms. Lu, you have to think carefully. Thirty million green coins, if your position is liquidated, you won't have any left."
Lu Jiaxin said with a smile: "I study finance and I know the consequences of doing this."
After speaking, she signed the contract without any hesitation. After racking her brains, she finally remembered that a friend once mentioned the Plaza Accord and joked that the agreement was signed on a Sunday and she wondered whether overtime pay would be given.
Lu Jiaxin went to check and found out that the day the Plaza Agreement was signed was the 22nd, and the market was not open on weekends. After thinking about it, she chose the 23rd to start. From that day onwards, Green Coin/JPY fell, falling nearly three times until the mid-1990s. America has achieved its goal and reduced its trade deficit; however, the island country has created an economic bubble due to a large amount of foreign capital. After the bubble bursts, the economy will stagnate for a long time or even decline.
After signing the contract, Lu Jiaxin left the bank with a smile on her face.
The more Wu Zi saw her relaxed posture, the more certain she became that she had inside information. After much hesitation, he reported the matter to his senior classmate, but the senior classmate of HSBC felt that Lu Jiaxin was too stupid to put his wealth at risk by relying on information from unknown sources.
The weather is getting colder, and Lu Jiaxin needs to buy more clothes and shoes. Unexpectedly, I ran into He Mingzhu while shopping. Her appearance remained the same as before.
Lu Jiaxin took the initiative to say hello: "Sister Mingzhu." Before He Mingzhu took away the video and written documents, she thought there would be some action, but she didn't expect it to be quiet all the time. I don’t know if it’s because I don’t have the guts to resist, or because the time hasn’t come yet.
He Mingzhu found that Lu Jiaxin became more beautiful after not seeing her for a while. She wondered if it was because of love: "Why are you going shopping alone, isn't Mr. Nie accompanying you?"
Lu Jiaxin said with a smile: "He is busy with work and can't stay with me all the time. I also need my own private time."
She has rented a house next to the school and hired three professional teachers to give her classes. She could keep up with the progress of school courses, so she wanted to speed up the progress and finish the next semester's courses in advance. It's hard to get in. If you don't want to be on the honor roll, at least you won't fail.
He Mingzhu felt that she was very transparent, but it was a pity that she had not noticed her because of the lack of contact in the past: "How is the fourth aunt lately? Is she in good health?"
Lu Jiaxin said politely that she was in good health: "I just suddenly said that I wanted to go back to the Magic City to visit, but I couldn't persuade her no matter how hard I tried. I had no choice but to agree to her."
This matter, she felt, would be settled in the end.
He Mingzhu said with some worry: "There are a lot of things going on at home these days and I can't leave. Will her body be able to handle going to the mainland?"
Lu Jiaxin sneered at her reason. It's not like we're thousands of miles apart. It takes less than an hour to drive to the same port city. No matter how busy we are, we can only make this difference. It's just that he didn't take his aunt seriously and didn't really care about her. My aunt said she was good, but she was the taller one among the short ones.
The disdain in my heart is not shown on my face.
Lu Jiaxin pretended to be helpless and said: "Of course the doctor didn't recommend going to Shanghai, but she kept making trouble. Alas, old children, old children, really become like children when they get old."
He Mingzhu said: "I'll go see my fourth aunt later."
After shopping until twelve o'clock, Lu Jiaxin went to the hotel she had made an appointment with. Unexpectedly, the person who came was Wang Yadan. Seeing her, Lu Jiaxin knew that this date was ruined again.
Wang Yadan came here specifically to find her: "Miss Lu, Laozhai called the boss ten minutes ago and said that the chairman had fallen. The boss was worried and rushed over."
Mr. Nie is now over seventy years old. Rich people in Hong Kong generally live long lives. Many people at this age are still walking fast. I don’t know why he is in such poor health.
Lu Jiaxin nodded and asked, "Sister Dan, haven't you had lunch yet? Sit down and eat together. If you have nothing to do in the afternoon, let's go shopping together after dinner."
“Okay.” Wang Yadan agreed readily.
While waiting for the dishes, Wang Yadan said with a smile: "When my boss came back from vacation, many people came to ask me if my boss was dating? They also asked me which lady I was. How could I tell them? The boss even had photos secretly taken by the paparazzi. I bought it because I don’t want to affect you.”
Lu Jiaxin had long guessed that Nie Zhan suppressed the news. Otherwise, Nie Zhan was photographed in gossip magazines when he went to pick her up from school. Now that the two of them are dating and meeting more and more often, there is no way that there will be no movement from those paparazzi. But Nie Zhan didn't say anything, so she pretended not to know.
