Chapter 85 [Pioneer] (for completeness)(2/2)
This little money is nothing, but many people he knows are richer than him.
at the same time.
Liao Baoshan and other Chaozhou gold speculators also reached an agreement in private, that is, let the Yangtze River Bank take the vanguard. It is not that they want to trick Lin Zuhui, but that the goals of the Chaozhou gold speculators are slightly larger, while the goals of the Yangtze River Bank are slightly smaller.
Since then, when the signal of large-scale buying of Yangtze River Bank is released, Chaozhou gold speculators have stepped forward one after another; in this way, it will not give people the feeling of a union of Chaozhou gold merchants and reduce the influence of Shanghai gold merchants.
vigilance.
It is precisely for this reason that they decided to recruit Yangtze Bank as an alliance and allow access to the radio station. Moreover, since Lin Zhichao already knows that Chaoji Gold Merchants has such a radio station, it may not be possible to crack it, so it is better to accept him generously.
.
"Boss, Yangtze River Bank's continuous buying has reached ten lots."
Ten lots is more than 400,000 Hong Kong dollars, which is definitely a big purchase, not to mention that the market has only been open for about 30 minutes.
After hearing the situation report from the other side, Liao Baoshan said decisively: "We will also buy 10 lots immediately, and then report the situation to me."
After hanging up the phone, Liao Baoshan continued to work in the office of Liao Chuang Hing Savings Bank. Although it had been upgraded to a bank at this time, Hong Kong citizens did not have the habit of saving money. People preferred to buy gold and jewelry; at the same time, those rich people were more willing to believe
HSBC and Standard Chartered are favored by such big banks, so Liao Chuangxing Savings Bank does not attract a high amount of deposits. Most of them are deposited by fellow Chaoshan residents.
"MD, big bank, big bank. To put it bluntly, if you have money, you are called a big bank. As long as I have money, it means I have credibility, and Liao Chuang Hing Savings Bank has credibility."
"So, you must make a lot of money from gold speculation. From now on, Liao Chuang Hing Savings Bank will be a symbol of strength."
Liao Baoshan quickly understood this truth. Speculating in gold was not taking risks, but on the contrary, it was improving the credibility of the bank. For example, if he made millions in the gold and silver trading market, his fellow villagers and citizens would trust Liao Chuang Hing Savings Bank.
"This Lin Zhichao is a man of courage and integrity. He seems worthy of close friendship."
"I used to think he was too ambitious, but it seems I was wrong."
Liao Baoshan muttered.
At first, the reason why he felt that Lin Zhichao was bound to lose when he speculated in gold was because he thought that Lin Zhichao had just made some money in real estate, so he focused on speculating in gold again. As time went by, he realized that Lin Zhichao was a master of gold speculation, and he also got a lot of money.
A capable general can be said to be even more powerful than a tiger.
that day.
With the addition of a large number of buying orders, the price of gold in the gold and silver trade market began to stabilize and rose to 446.8 Hong Kong dollars per tael in late trading. The Yangtze River Bank bought 25 lots (millions of Hong Kong dollars), which even scared some 'gold speculators'
Shrimpboy'.
In fact, the peripheral gold market was very good at this time: Mainland gold merchants came to Hong Kong one after another to purchase goods, smuggled them into the black market in Shanghai and Guangdong Province, and sold them at high prices (gold on the mainland black market soared five times, that is, gold yuan coupons were exchanged). These gold merchants believed that gold yuan coupons
Even if the value of gold depreciates further, they will still be profitable if gold rises five times.
Moreover, Shanghai-based gold merchants and financiers are also speculating in gold, so the gold price situation is very good.
This round of decline is just a result of Cantonese gold dealers cashing out a lot of gold. For them, it is imported ‘cheap’ gold and they can make a profit by selling it.
On the second day, Yangtze Silver entered another 20 lots, the average price was around 448 Hong Kong dollars, and gold rose to 452 Hong Kong dollars per tael.
On the third day, Yangtze Silver entered another 18 lots, the average price was around 454 Hong Kong dollars, and gold rose to 459 Hong Kong dollars per tael.
The Yangtze Silver Bank's violent absorption immediately became a major player in the gold and silver trading market, attracting the attention of members present. At the same time, Chaozhou gold speculators worked together to absorb the gold, which was boosting the upward trend of gold prices.
At this time, Shanghai-based gold dealers and other gold speculators also began to speculate on gold prices. Lin Zhichao and Chaoji gold dealers had almost run out of bullets, and could only make small transactions, selling high and buying low.
Little tricks to confuse other gold speculators.
Of course, there are small fluctuations in this situation, so if Lee Shau Kee can catch it, his profits will naturally increase a lot.
And even if you fail to catch it, or even catch it "blindly", it will not affect the overall profit.
Once gold reaches the waters of Omen and Hong Kong, everyone will cash out their orders and gold. Although there will be a drop by then, because the firepower has been attracted, there will be no shortage of takers.
Of course, the key is to find the right opportunity to absorb cheap orders again. Over time, you can earn a higher value than the increase in gold itself.
As for handling these details, the Yangtze River Bank is usually handled by Lee Shau-kee. Lin Zhichao is more like a marshal, and Lee Shau-kee is the general. The cooperation between the two is very perfect.
The matter of cashing out is left to Lee Shau Kee, and Lin Zhichao only needs to supervise.
This time, after all, nearly 3 million yuan was invested.
Chapter completed!