Chapter 203 What are you going to do?

Wang Yuanchao took the remaining four women out to open a hotel to solve the accommodation problem.

After we get the money in the afternoon, the minibus will definitely be driven away by the fat man.

So you have to arrange your place of stay in advance.

Some of the luggage on the minibus was stuffed into the trunk of the car, filling it up.

There were also three women squeezed in the back seat of the car. The strong woman sat in the passenger seat. She was the injured one.

Wang Yuanchao walked around the street several times before he discovered the famous Kowloon Walled City nearby!
He had to get farther away, so he continued to run eastward, almost reaching Kwun Tong, but the Hong Kong River was still too small!

After comparing several hotels, I finally booked four rooms.

He had a room, the bearded man and the little black-faced man had a room, and the four women had two rooms.

It didn't matter that they followed him, called him captain, and were responsible for accommodation. After all, he had just "earned" a lot of money, and he didn't share it with everyone.

After they settled down, it was time for dinner. After buying some food and drinks, Wang Yuanchao drove to find the fat man's minibus.

In the afternoon, Wang Yuanchao finally got 15 Hong Kong dollars and let Fatty go. Fatty forced women into prostitution, Wang Yuanchao killed people and set fires, neither of them was a good person, it just depends on who has the stronger fist. Hong Kong is so big, it is difficult to meet again. Fatty couldn't find him even if he wanted to.

If Fatty dares to find him, he will tell Fatty why the flowers are so red!

He not only has a pistol, but also a rifle and grenades!

The fat man could finally drive away.

As soon as everyone got off the bus, his minibus took off from the spot.

Then turn off the engine.

Ejection failed...

After a flurry of activity, the fat man drove away in a hurry.

Wang Yuanchao gave the last woman 200 Hong Kong dollars and left with a big beard and a dark face.

While waiting for his ID card, he read newspapers, went shopping, and chatted with various people including hotel owners, restaurant owners, newsstand owners, taxi drivers, agents, etc. He spoke fluent Mandarin and Cantonese, and tried to quickly familiarize himself with all kinds of things in Hong Kong and the current environment in order to integrate as soon as possible.

He needs to sort out his development plans in Hong Kong.

He carefully read the two books on futures and indeed found a major event in Hong Kong that matched the current time point:
67年11月18日，英镑会爆发第二次贬值危机。从1英镑兑换2.8美元，变成2.4美元，贬值高达14%！！
Now, the British pound is exchanged with the Hong Kong dollar at a fixed rate of 1:16.

Then, as the Hong Kong dollar could not withstand the pressure of depreciation (prices in Hong Kong rose), a few days later, on the 23rd, the Hong Kong government was forced to announce that the fixed exchange rate between the Hong Kong dollar and the British pound would be adjusted to 14.5455:1 (appreciation adjustment). This was the first adjustment of the fixed exchange rate between the Hong Kong dollar and the British pound since the currency reform in 1935.

He has plenty of room to maneuver here.

Not to mention the gold he brought with him, if he could use the bank's leverage, it would be easy to double his assets.

But why did the bank lend him money?
Therefore, we must definitely engage in real industry. Only with real industry can we go to the bank to mortgage loans.

Borrow Hong Kong dollars, exchange them into US dollars, wait for the British pound to depreciate, and then exchange the US dollars into Hong Kong dollars to repay the money. In the middle, you will only lose a little handling fee, about one to two points.

Oh, and bank interest...

But it’s worth it.

You still have to use leverage, otherwise the profit will be limited.

Currently, the most popular industries in Hong Kong are textiles and clothing, electronics and electrical appliances, and plastics. The industries that are about to become popular are finance and real estate.

Yes, foreign exchange is now regulated and cannot be bought and sold freely. There are no futures either, so Wang Yuanchao cannot display his talents.

He couldn't possibly go to London to trade foreign exchange just for this. What kind of identity and qualifications did he have to be able to do this? He had to know this!
Although he brought so much gold, it would still be difficult to invest in the financial or real estate market. However, he could buy land and houses. Anyway, no matter how the prices go up or down, the land and houses in Hong Kong are getting more and more expensive.

If you buy land and a house, you can also mortgage it to the bank.

He also went to the Gold and Silver Trading Center in the Gold and Silver Commercial Building on Ma Sha Street in Sheung Wan, Hong Kong Island to learn how to conduct large-scale gold transactions.

First, you have to open an account with a member unit of the trading venue, and the member unit earns transaction fees from this.

Then there are 31 recognized gold bar melters in the trading venue. Your gold has to be melted into standard trading gold bars by them, which also verifies the quality of the gold, and they earn another commission.

In this way, you can shout out prices on the spot during trading hours, using Cantonese as a tool and hand gestures to conduct transactions.

Delivery can be made on the spot or delayed.

If delivery is delayed, the delivery can be postponed by paying storage fees, thus generating the function of futures.

Wang Yuanchao was very happy about this discovery. There are futures as well!
If the demand for spot gold is large, the buyer who receives the gold can ask for storage fees from the seller who requires an extension of time to deliver the gold as compensation. That is, the seller (the one holding a short position) pays the storage fees, and the buyer (the one holding a long position) collects the storage fees, which is called "high interest" or "additional storage fees" in the industry terminology.

In the same way, if there is more spot supply, that is, a greater demand for cash, buyers who require deferred delivery pay storage fees, and sellers can charge storage fees, which is called "low interest" or "low storage fees". The depreciation of the pound means the appreciation of gold, so you can try to see more gold.

Hahaha!
This makes money much faster than from the bank!

But we can’t give up on the bank either. Who would complain about having too much money, right?

It’s a bit regrettable that this opportunity only comes once, alas!
It is now the end of April, and there is still half a year until November. Time is running out.

He needs more chips to enter.
-
When Wang Yuanchao was getting to know every aspect of Hong Kong, he found that among the two men and four women who followed him, only Big Beard and Little Black-Faced were relatives; the four women were all unrelated.

Come to think of it, those who have relatives will go directly to find them, so who will follow him?

The girl's injury hasn't healed yet, and the other three also went out to look at a recruitment agency. These days there are a lot of people looking for jobs, the wages are generally not high, and the relationship between manufacturers and workers is relatively tense.

The salary of those with ID cards is slightly higher, and the salary of those without ID cards is even lower. If you don't do it, there are plenty of people who will do it.

Wang Yuanchao felt that this little living expense was not a big deal, so he asked them to wait until their ID cards came out.

If he wanted to do something, maybe he could arrange for them to help. After all, they had experienced life and death together, and the feelings between them were many times better than those between strangers.

Wang Yuanchao had thought about looking for Lou Xiaoe, but there were millions of people in Hong Kong and he didn't even know her phone number, so where could he find her?

Should we put a missing person notice in the newspaper? There are so many newspapers in Hong Kong, and I guess one newspaper won't be enough. He just came here, he has no career, and he can't explain how much gold he has. Don't let the Lou family think that he came all the way here to eat gigolo meals.

It’s better to take advantage of the dividends from the November market first. Now that you’re in Hong Kong, are you still short of women?
Wang Yuanchao was so heartless that he temporarily put aside the matter of looking for Louzi.

The man with the big beard and the man with the little black face both have phone numbers left by their relatives.

The bearded man's name is Qiu Dahai. His cousin works in an electric fan factory in Hong Kong. When the bearded man found his cousin, his cousin was unemployed and at home, with a worried look on his face.

In order to grab orders, the factory took out loans to start production without taking out a down payment.

As a result, production was still a little slow, and before production was completed, the order was snatched away by other factories at a low price.

After finally finishing production, they couldn't sell them for a while, and there were so many products piled up that the boss had to stop production and sell them slowly, and then the workers lost their jobs.

The boss can't possibly support them for several months.

When Wang Yuanchao heard this, he felt that this industry had potential.

Electric fans, he knew that the Hong Kong electric fan king, Fan Liu, who was known as the female star harvester, started his business with fans.

How many women does Fan Liu have? Madam Niu, Sweetie Cai, Golf Ball Guan, Wooden Beauty, Femme Fatale Li, Happy Ghost Yuan, Love Brain Hong... Damn, there are too many to count, and each of them is a top beauty!
The Liu Cixin in this time and space must be younger than him. What does this mean?
That means he can do it too!
He said he could talk to his bearded cousin.

He was going to learn more about this industry and see how to get started. The little difficulties at hand were not a big deal.

Bearded Qiu Dahai was very happy. He knew that the captain had money and might be planning to do business, so he told him in such details.

He still wanted to help his cousin. Maybe the captain needed more help, right?

But I didn’t expect that the captain actually wanted to make a fan!

If he knew, the bearded man would have given him some advice. His cousin lost his job at the fan factory!
The little black-faced Li Zhong is a relative in Hong Kong, a cousin, and a squad leader in the Marine Police Force.

The phone number of Xiao Hei Lian's cousin was obtained by Xiao Hei Lian from his relatives in his hometown.

Although they had never met each other, their descriptions of relatives they were familiar with matched each other completely.

That would be great.

Water police, don’t make smuggling too easy.

These days, the Chinese Chief Inspector of Hong Kong is still Lui Lok!
The Five Hundred Million Dollar Inspector Lui Lok!
Lui Lok has nothing to do with the Marine Police, it just shows that there is a lot of room for the ability to make money. If you help your black-faced cousin to do a few more meritorious deeds, after the appreciation, the Marine Police will help you transport things! Isn't it cool?
Wang Yuanchao felt happy just thinking about it!
He asked the black-faced boy to have a meal with his cousin and make friends. You can't wait until you need to make friends, you have to get along with them first!

What's the old saying? The best time to make friends was ten years ago. The second best time is now, right?

The little dark-faced cousin is called He Wenzhao, a very elegant name. He is a senior police officer in the North Division of the Marine Police. He still needs to patrol everywhere, which is quite hard work.

The station is in the Shatin district, but land reclamation has not yet been carried out.

There was the Lion Rock Mountain Range between Wang Yuanchao and his team and the other marine police. The Lion Rock Tunnel was still being dug, so if the two sides wanted to communicate, they had to go around a big circle from the west!

He Wenzhao didn't have a car, so Wang Yuanchao simply drove Little Black Face to visit him. It was only a few dozen kilometers away, so a car was very convenient.

Wang Yuanchao couldn't even imagine that he would have to ride a bicycle after returning to the mainland. What should he do?

Little Black-Faced Li Zhong excitedly knocked on his cousin's door with the gift he had prepared.

When my cousin's wife opened the door and saw the gift from her cousin Xiao Hei, a smile immediately broke out on her face.

(End of this chapter)