Chapter 18: Boss, please get in the car
Li Siliang was very quick to move. After talking with Wang Lin at noon that day, he hurriedly returned to Hong Kong City.
In the past few days, Wang Lin has been observing the crowd around him and looking for suitable targets.
It was not until the fourth night that Li Siliang found Wang Lin with an inconspicuous bag on his back.
There are many things in the bag and they are very messy. The most valuable one is the fourth-generation electronic watch. This kind of watch was successfully developed in the 1970s and started to be put into the market in 1973. It is still the mainstream market.
The most expensive price can reach thousands of yuan, and even ordinary ones often cost two or three hundred yuan.
However, the watch Li Siliang created was not that expensive.
"This is a popular style from 1980s to 1983. Currently, there is only a small amount of inventory, and the unit price is only 90 yuan. I have a preliminary talk with them. If we can guarantee the quantity, the price can be lower." Li Siliang handed the electronic watch to Wang Lin.
"Hong Kong dollars?"
"Yes, Hong Kong dollars!" Li Siliang was stunned for a moment and nodded quickly.
"I can't get foreign exchange here, I can only deliver RMB!" Wang Lin nodded.
"No problem, I'll solve it, but the exchange rate cannot be based on the official exchange rate!" Li Siliang smiled. He had known about this for a long time and had a way to exchange RMB for Hong Kong dollars, otherwise he would not be able to trade in the mainland.
If you have no way out, you will have all the RMB left after two trips, and you will have no money for purchasing goods. That's all that.
The official exchange rate is very interesting. The official exchange rate of the RMB against the US dollar is 3.7, which was even less than 2 years ago.
The Hong Kong dollar has always been relatively stable. In the past few years, due to inflation, the Hong Kong dollar exchange rate depreciated by nearly double. The Hong Kong government issued new regulations in 1983, and the Hong Kong dollar will be exchanged for the US dollar at a fixed exchange rate of 7.8.
So if you want to convert one RMB to HKD 2.1 according to the official exchange rate.
But on the black market, haha.
Any foreign currency that is not found in your hand is secretly exchanged on the black market? Only fools can go to the official exchange.
Wang Lin was stunned. Although he knew that the official exchange rate was a bit pitfall, if he got it on the black market and traded it, in fact, one yuan of RMB or even one Hong Kong dollar could not be exchanged.
Basically, it is equivalent to several times the profit being eaten up by the black market, and maybe I may have a waste of my work.
I had never been involved in foreign exchange in my previous life, so Wang Lin didn't know much about this.
"At most, one to one, it can't even reach..." Li Siliang thought about it. Because the mainland lacks foreign exchange, he set a strange exchange rate himself, so the outside world is not interested in the RMB at all.
Many foreigners come to the mainland and often only exchange part of the money on the surface, while the rest are exchanged on the black market.
The same dollar can only get 3.7 yuan in the official market, but it can get 7 yuan in the black market, or even more. And there is no difference in this money. It will not be cheaper because the money you have in your hands is exchanged through official channels.
Now it's Wang Lin's turn to have a bad pain.
According to my own vision, electronic watches are undoubtedly invincible products in the inland areas. They are cheap and trendy, so they are definitely the target of robbery.
But now I am stumped by foreign exchange problems. The ex-factory price of a watch worth ninety yuan per dollar is too high to accept it.
And you also need to pay tariffs, and you and your dealers also need to pay taxes for profits. At that time, you will not make much money by selling a watch for 200 yuan.
All the reasons are caused by the scam exchange rate and the country's control over foreign exchange.
"What if you barter with things?" Wang Lin thought of another possibility. It is not clear whether foreign trade can barter with things, but it is certain that there are no legal provisions in this regard now, and even in the later stages.
Bartering is even recognized by law, but the premise is that both parties must issue formal value-added invoices to offset each other.
On the other hand, bartering is also a way of trading, but when foreign trade is used, the country will reduce foreign exchange income and will have no impact on its own taxes.
Even if you barter, you have to enter the sales accountant according to the price, and the taxes must be formulated according to this.
"Can this work?" Li Siliang's eyes lit up. This idea made him see huge benefits, but the feasibility is still unknown.
"Okay! How are the prices in Hong Kong City now?" Wang Lin thought of ten thousand solutions.
"It's about 17 or 80 pounds of meat, about 5 yuan per pound of rice." Li Siliang thought for a while.
The pounds in the port city are made of ancient times, 16 taels per pound. Wang Lin knew about this, otherwise he would probably have to pay his life based on the pounds of the mainland.
Scapping one is also a scam, and scamming two is also a scam. What is the difference?
Anyway, if you trade it all in one go, you won’t do it for a few months, and you can even throw the company to Li Siliang to operate it yourself in the later stage.
"We two jointly opened a trading company. You pay all the money, each accounting for half of the shares. You are responsible for purchasing and shipping from the port city. I will help you connect all the relationships here. I will withdraw before January next year and leave all the relationships and channels to you."
Li Siliang was a little moved, but also a little scared.
Wang Lin only distributed four months of profits. If everything was built in the channel, he could become his own money tree in the later stage.
Bartering can only make more money. The meat price in mainland China is now priced at a pound of one pound and rice is more than one pound. Even if the difference in weight units between the two parties is removed, you can get several times the profit by just bartering.
Of course, this price is a price that requires food coupons to get. If there is no food coupon, you can get it by adding 50 cents to one yuan. Even so, the profits shipped to the port city can make people crazy.
"Okay, I agree, but the value of the first batch of goods cannot exceed HK$100,000!" Li Siliang thought about it for a while, but he finally agreed, but he was also careful and did not dare to throw out all his funds at once.
"Yes, but this time you go back and you will help me get a Hong Kong city identity. I was born in Hong Kong city on July 1, 1970. I will ask them to help stamp it when I enter the pass!"
"What do you want this?"
"I came out this time and used the identity of a Hong Kong person to do this first. If I can't do it, I will use my real identity. However, once I use my real identity, my family will know where I am. I will definitely send someone to take me back then." Wang Lin thought for a while and gave Li Siliang a reassurance.
It is actually easier to get a Hong Kong citizen than to pick up a cabbage on the ground, but it is still easier to get it before January 1981. Before that, as long as the smugglers could enter the Hong Kong urban area, they could go directly to the police station to register for legal status. At that time, it was a paradise for smugglers.
Those who have been hiding in Hong Kong City until the New Century have not been able to obtain legal status can only be said to blame themselves. In the past few years before returning, I just asked someone to introduce the real power of the police station, and I could get the identity directly by giving some gifts. Of course, it is not ruled out that I am not allowed to eat bad things, and when I eat you and can't get a penny, I will throw you into prison.
When Li Siliang was a securities finance analyst, he served as a British sheriff and brought him quite a few benefits, which is considered a bit of friendship.
Chapter completed!