Rebirth of the Great Entertainment Empire

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As early as the end of June, that is, before going to the mainland to meet Deng Gong, Xu Cun asked Zheng Haiquan to exchange the working capital of Baye Bank's 2.4 billion Hong Kong dollars and the working capital of Baye Bank's subsidiary Sun Hung Kai Bank's 700 million Hong Kong dollars into US dollars. - At that time, the ratio of US dollars to Hong Kong dollars was about one to nine.

Not only that, Xu Cun also exchanged his HKD 2 billion in Swiss Bank and HKD 300 million in liquidity from DreamWorks, Huangtu Land, DreamWorks Music Group, DreamWorks Brokerage, DreamWorks Cinema and other companies. Reserve dollars.

(The 600 million Hong Kong dollars advance paid by Xu Cun to Chen Yaoqing and the 200 million Hong Kong dollars advance payment to Lee Shau Kee are all the rent earned by Huangtu Land and the money earned by "The True Color of Heroes" and "Royal Sister 3".

Royal Map Land: The annual rent of buildings such as Federation Building, International Building, Queen's Building, Entertainment Building, Shin Kong Building, etc. totals 450 million Hong Kong dollars.

"The True Color of Heroes": Hong Kong box office, 42 million Hong Kong dollars. Taiwan Bend box office, 76 million Taiwan dollars. Nanyang Box Office, $11 million. Japanese box office, 3.9 billion yen. Korean box office, $800,000. North American box office, $21 million. Central, South American and European box office, $18 million.

After deducting production costs and publicity costs, The True Color of Heroes earned Xu Cun a total of $24 million.

"Royal Sister 3": After deducting the production cost and publicity cost, "Royal Sister 3" made a profit of 29 million US dollars for Xu Cun. )

In addition, Xu Cun is also preparing to take a loan from Huangtu Land, his most valuable industry. After Zheng Haiquan helped Xu Cun to evaluate all the properties of Huangtu Land, he thought that it was not considered that the old wing of Miramar Hotel, which had been mortgaged to the Bank of China Group, and For the two pieces of land in the second section of Admiralty, "Emperor Map Land" can borrow about 600 million US dollars.

In addition, the Bank of China Group provided Xu Cun with a US$300 million internal bank interest loan.

Xu Cun has raised a total of $1.5 billion.

Then why did Xu Cun raise such a large sum of money?

September 1983.

Affected by the Sino-British talks, the exchange rate between the Hong Kong dollar and the US dollar plummeted, and the US dollar rose to 9.6 against the Hong Kong dollar.

The US dollar to Hong Kong dollar 1 to 9.6 is only the official price, which is a priceless market. The US dollar against the Hong Kong dollar on the black market has been speculated to 1 to 11 at the highest.

Xu Cun remembers very clearly that in mid-October this year, people from all walks of life in Hong Kong and public opinion strongly criticized the British government's attempt to use the "economic card" to pressure China to make concessions. measures to stabilize the situation. Under pressure, the British Hong Kong government announced that the exchange rate between the Hong Kong dollar and the U.S. dollar would be pegged at seven points forever, and the deposit interest tax on the Hong Kong dollar would be abolished.

Xu Cun's purpose of raising the money is naturally to make the difference.

but--

This good opportunity made Xu Cun only make two or three hundred million dollars, which was far from satisfying Xu Cun's greedy heart!

Therefore, Xu Cun is ready to use the double-edged sword of foreign exchange leverage to play a big game.

Today's Xu Cun is no longer the lonely man he was when he first came to Xiangjiang - now, Xu Cun has a large number of military advisers, advisors, and generals. The most powerful among them are He Chaoqiong, Yuan Tianfan, Zheng Haiquan, and Mei Aifang, whom Xu Cun trusts the most.

With these people working for Xu Cun, Xu Cun naturally doesn't need to worry about trivial matters - as long as Xu Cun grasps the direction, other things will naturally be done for him.

In just one day, Zheng Haiquan helped Xu Cun find the bank that could provide Xu Cun with the most favorable conditions - Citibank.

The Citibank that Zheng Haiquan was looking for was not a branch of Citibank in Hong Kong, but the head office at 399 Park Avenue in New York City.

Citibank is willing to provide Xu Cun with a loan of US$700 million by taking Huangtu Land, which is not mortgaged to the old Miramar Hotel Wing and the second section of Admiralty, which has been mortgaged to the Bank of China Group.

Knowing that Xu Cun is going to use at least one billion US dollars for foreign exchange between the US dollar and Hong Kong dollar, Citibank is willing to provide Xu Cun with 14 times leverage.

The maximum leverage is only fourteen times, which makes Xu Cun somewhat disappointed.

but--

In this regard, Xu Cun can also understand - although, in formal and regulated foreign exchange transactions, the maximum leverage of the United States is 50 times, and the maximum leverage of the United Kingdom is 100 to 200 times, but this is only because the capital is not large. in the case of. Take Xu Cun's $1.6 billion as an example: if you give Xu Cun's $1.6 billion a 100-fold leverage, it will become $160 billion. The question is, in the early 1980s, how many banks were able to come up with such a large sum of money, especially in a short period of time? Moreover, today's Hong Kong dollar is extremely unstable. God knows whether the Hong Kong dollar can be depreciated to the level of the Japanese yen?

Later, Xu Cun personally went to Song Lihui to talk - because of the alliance between Baye Bank and the Bank of China Group, Song Lihui held a shareholders' meeting to discuss and gave Xu Cun a 20-fold leverage, but at the same time he gave Xu Cun a 20-fold leverage. The deposit is capped at $500 million, and the stop-loss line is extremely conservative.

At the beginning of September, Xu Cun, He Chaoqiong, Zheng Haiquan and a team of 74 people started to build positions in the supreme trading room at the headquarters of the Bank of China Group~www.wuxiamtl.com~ and began to sweep the Hong Kong dollar at 1:9:4.

The next day, Xu Cun, Yuan Tianfan, Mei Aifang and another team of 82 flew to New York.

On the same day, Xu Cun and others set up positions in the supreme-level trading room of the Huazu Bank headquarters, and also began to sweep the Hong Kong dollar at 1:9.4.

...

At the beginning of the second round of Sino-British negotiations, the British insisted on the "separation of sovereignty and governance", that is, "under the principle of recognizing China's sovereignty over Hong Kong, the United Kingdom will generally govern Hong Kong as in the past".

On the other hand, China G adheres to the position that sovereignty and governance are inseparable. The so-called "sovereignty belongs to China and governance belongs to Britain", which essentially negates China's sovereignty and replaces the old one with a new unequal treaty. Unequal treaties are absolutely unacceptable to China.

So, the second round of negotiations quickly broke up.

Then came the third round of negotiations...

Fourth round of negotiations...

China and the UK have always been unable to agree on the sovereignty of Hong Kong.

Because there is no substantial progress in the negotiations, the outlook is very uncertain, Hong Kong people are fluctuating, the Hong Kong dollar exchange rate and the stock market have fallen sharply.

In this regard, the British government and the British Hong Kong authorities not only did not take measures to stabilize the situation, but instead added fuel to the flames and took the opportunity to play the "economic card" to exert pressure on China.

As a result, the ratio of the US dollar to the Hong Kong dollar quickly climbed to 1:9.6, reflecting the selling of Hong Kong dollars everywhere in the foreign exchange market.

In such a situation, Xu Cun swept the Hong Kong dollar surprisingly smoothly, so that before the ratio of the US dollar to the Hong Kong dollar climbed to 1:9.6, Xu Cun had no funds in his hands.

After that, Xu Cun left Su Ping's team and five other six-man teams to protect Mei Aifang and Yuan Tianfan, while he himself returned to Xiangjiang first.

...

(To be continued.) 8