Chapter 600
Yu Li went to work with Lou Xiao'e, and the matter didn't cause much trouble.
Many people felt it was natural.
Yu Li became Lou Xiao'e's personal living secretary, following her around Jingcheng, Jinmen, and Songhu.
Yang Yuntian has also been running around many places these days.
He has been surveying the mainland's clothing market, seeking out skilled artisans.
By today, he finally returned.
Don't judge him just because he's only over ten.
He has his own way of doing business.
Upon arriving in Jingcheng, he found Yang Qing.
"Father, I think we should accelerate our development into the mainland."
Yang Qing was preparing to flee.
He feared the young daughter-in-law would come looking for him, so after hearing Yang Yuntian's words, he asked.
"Tell me the reason."
Yang Yuntian blurted out.
"There are many people domestically."
One could say it hits the nail on the head.
This child has been well trained by Chen Xueru.
"Then what do you plan to do?"
Yang Yuntian thought for a moment.
"I want to send the people I found this time to Gangdao first, then come to the mainland, and then layout a clothing brand and its upstream and downstream industries."
"Domestic clothing is chaotic, and everyone lacks brand awareness."
"As pioneers in creating a brand, we can easily capture many markets."
"In the future, the domestic market will definitely keep getting better, and the money will keep increasing."
Yang Qing threw him a question.
"Domestically, there is no anti-piracy environment."
"How will you eliminate counterfeits?"
"You painstakingly built a brand, and they can easily destroy your brand image with counterfeits."
"Moreover, domestic people lack brand awareness and prefer cheaper goods."
"To guarantee your brand image, you must use good materials."
"In the face of price advantage, you will have no chance of winning."
This left Yang Yuntian stumped.
He furrowed his brows, unable to find any idea.
"After returning to Gangdao, ask your mother; she understands."
People back then had a strong sense of exclusive sales; the Xueru Silk Shop mainly promoted the Xueru brand.
They also monopolized skilled tailors, which is why the Xueru Silk Shop flourished.
Yang Yuntian nodded, saying nothing more.
In business, his mother has always been the one guiding him.
Not long after Qin Huairu returned, the family went to see off Yi Da Ma.
Then Yang Qing hastily made arrangements and took the people back to Gangdao.
However, Yang Yuntian and Yang Zhangfeng stayed behind.
One followed Liu Guangtian in collecting, the other followed Lei Shifu's apprentice to study ancient architecture.
Yang Qing is lenient with his own children; they do whatever they are capable of.
He doesn't worry about them lacking ability, because he has many grandsons.
Let alone, Zhao Man Ting's seed‑scattering plan has been effective; Yang Fan and Yang Qihang have already added over a dozen children to the Yang family.
As long as there is one useful person, the Yang family won't fall.
Chen Hong is busy, never stopping.
They already called, telling Yang Qing to get lost and go back.
Gangdao.
After the joint statement was issued, Gangdao stabilized.
Plus, the Hong Kong dollar was pegged to the US dollar, which also stabilized the financial market.
A new round of Gangdao's economic myth has begun again.
Moreover, because the Yinglian people confirmed Gangdao's role as a hub, many Yinglian enterprises set up in Gangdao, injecting strong momentum into its economy.
After Yang Qing returned to Gangdao, he began to layout investments in Gangdao and in places where life is good.
In places where life is good, he must layout in advance, otherwise he would have no operating space of his own.
Over the past two years, with the rise of petrodollars, the US dollar has grown strong again, and Wall Street's financial powers have begun to rise.
The 1985 agreement was a harvesting game played by the Federal Reserve with this group.
If Yang Qing had reached out then, he would have become a thorn in the eyes of this group.
In the future, Wall Street's forces will only grow stronger, and Yang Qing does not want to offend them.
Once he offends them in the financial market, he will thereafter become a thorn in their eyes.
After Yang Qing returned, he immediately arranged for Lin Cong to go to HSBC to discuss ending the dollar business.
The US dollars that Yang Qing and Shen Bi discussed initially have, by the end of 1983 and now, far exceeded the deadline.
During this period, Yang Qing basically didn't touch much of this money.
Now he needs this money.
Of course it has to be taken out.
After receiving the news, Shen Bi was very unwilling to return this US dollar sum to Yang Qing.
This US dollar sum, apart from being used by him to stabilize the exchange rate and make some contributions,
Because Yang Qing didn't really use this money, that is to say, this money has remained in US dollars at HSBC.
Contrary to what Shen Bi thought, Yang Qing exchanged them into Hong Kong dollars for investment.
This is equivalent to HSBC gratuitously keeping several years' worth of US dollars for Yang Qing, not only failing to reap the profit from the dollar's appreciation, but also having to deal with a lot of US dollar profit from Yang Qing.
The deposit interest on US dollars back then was as high as 15%, and although it dropped over the next two years, it was still a huge sum.
This is equivalent to Yang Qing doing nothing and yet gaining a thirty to forty percent interest.
Now the US dollars that Yang Qing has at HSBC have not only not decreased, but have exceeded ten billion US dollars.
Who can he reason with about this?
Shen Bi certainly isn't willing to let this money go easily.
When Lin Cong came to him for money, he brought Lin Cong back to Yang Qing's office again.
Yang Qing was already smiling as he waited for Shen Bi.
「Manager Shen, you're being too polite, actually coming personally to handle these matters. »
「Admire, admire. »
Shen Bi didn't waste words with him, and spoke directly.
「Yang Qing, the amount of ten billion US dollars is too large; I cannot directly allocate it to you. »
「I can only take out two billion. »
「The rest, in five years. »
Yang Qing firmly refused.
「Manager Shen, do you intend to seize it by force? »
「If this matter gets out, what do you think the outcome for HSBC will be? »
「If you're already unable to get by, I don't mind using this money to acquire HSBC. »
Yang Qing's words carried deep malice.
Now HSBC is worth only this amount of money.
If it really gets out, it could truly be a catastrophe for HSBC.
If not given, there really could be a settlement by Yang Qing.
However, taking out so much US dollars at once also has a great impact on HSBC.
Now the US dollar is pegged to the Hong Kong dollar.
Taking out that much US dollar means he has to put in that much Hong Kong dollar to return to the Monetary Authority.
That is, it would make hundreds of billions of Hong Kong dollars of HSBC unable to circulate.
This impact is no less than a bank run.
How great the danger of losing liquidity is, Shen Bi understands very well, which is why he would be so shameless.
He gritted his teeth.
「One year, at least one year. »
「Otherwise, don't even think of taking a single cent. »
「You also know HSBC's position in Gangdao; nobody wants HSBC to be unstable. »
Yang Qing snorted.
「Don't be so full of yourself; what are Bank of China and Standard Chartered for? »
「They would very much like to replace you. »
Shen Bi choked.
He shouldn't have handed all the money over to the Monetary Authority, and even less should he have misappropriated the exchanged Hong Kong dollars for lending.
As a result, Yang Qing suddenly withdrew cash, putting him in a dilemma.
「Speak up, what exactly do you want to do? »
「How can you ease this round of fund exchange? »
End of Chapter
