Mixed in 1980

Chapter 173 Digging a Cow and Horse

Zhao Yuanyuan gnashed her little canine teeth, feeling very angry.

I was criticized for no reason. When did I become petty? When I revised the plan with my elder sister, I always did it based on the actual situation.

According to their thinking, at least a quarter of the money can be saved.

That's not a small amount of money.

Chen Fan doesn't think so. When it comes to luxury goods, you have to be willing to spend money on publicity and promotion to raise the quality of the brand. You can't let people spend money and then not even be able to pretend.

You can't spend a thousand dollars to buy a T-shirt and then go out and say only one thing: brand, Baleno!

Zeng Ali was in charge of driving and they soon arrived at the Bank of East Asia. After a while, Yu Jing came to greet her. Unlike their previous meetings, this time she seemed extremely respectful.

Chen Fan’s identity is different again!

At the beginning, Chen Fan had the opportunity to enter the VIP room because of Li Hongying, but now Chen Fan is a VIP of Bank of East Asia.

The returns that Chen Fan brought her were also very generous. In addition to the business commissions, she also made a huge profit out of 10 Hong Kong dollars by speculating in futures last time.

Yu Jing waited for Chen Fan to come over. As long as Chen Fan shouted "throw", she would follow suit.

Chen Fan and the other three were respectfully invited to the VIP room. Knowing that they were all used to drinking tea, Yu Jing made a pot of oolong tea and came over: "Mr. Chen, why are you here today?"

Chen Fan took a sip of tea and smiled slightly, "It's still about futures. There has been little attention in the mainland recently. What price has gold fallen to?"

"I took a look at it this afternoon when I was at work. It's $300 per ounce. Your two futures orders are currently making very high profits. Wait a moment, I'll print out a revenue report."

Yu Jing got up and went out. After more than ten minutes, she came back with a report: "Mr. Chen, do you want to continue to increase the funds?"

"Let's talk about it later." Chen Fan opened the report.

He had two futures investments at Bank of East Asia. The first one was an investment that was continuously magnified from the early funds, totaling 1300 million Hong Kong dollars, and was bought at 425 US dollars per ounce.

The other loan was to mortgage the equity of Yippin Fish Restaurant and borrow HK$300 million, buying at US$420 per ounce, both of which were shorting gold with a leverage of times.

Gold fell to US$300 per ounce. After deducting the handling fee, the profit of the first futures transaction was US$77, which is US$10 million with a 770x leverage.

The profit from the second futures transaction was 17 US dollars, which with ten times leverage would be 170 million US dollars.

The total profit from the two transactions is US$940 million, or HK$4700 million, and there is a principal of HK$1600 million. If the futures are delivered today, the total funds in the account will be as high as HK$6300 million.

"Now arrange it and deliver the futures."

"Okay, make arrangements now!"

Chen Fan hummed, and then ordered: "Change all the money in my account into US dollars, and pay back the 300 million Hong Kong dollars I owe your bank."

"No problem, please wait a moment, I will go prepare the documents."

Yu Jing stood up and left. Chen Fan handed the report to Zeng Ali and said, "Our family has already passed the stage of making the first pot of gold. When we start a business next time, we can invest a little more."

Zeng Ali looked at the numbers on the report, his hands trembled slightly, he took a deep breath to calm down, and silently handed the report to Xu Jinqiu.

Xu Jinqiu had already calculated the revenue, and the numbers were roughly the same as the ones above. Because she didn't react much, she just took a quick look and handed the report to Zhao Yuanyuan.

The little girl took the report, her eyes narrowed into a line with joy, and she grinned: "Brother, will you still play futures in the future? Take me with you."

"Comrade Zhao Yuanyuan, can we not be so realistic?" Chen Fan said teasingly with a smile.

"How can it be called reality? We came to Hong Kong to realize our common dream, which is to get rich, right? Brother..."

Unable to bear the girl's coquetry, Chen Fan shuddered: "I can take you, but do you have money?"

"Is it more? I still have 100,000 Hong Kong dollars."

Zhao Yuanyuan's income is not low. She earned 4 Hong Kong dollars by helping out at Chenfan Publishing House. After arriving in Hong Kong in September last year, she also received the salary of a senior white-collar worker.

Here, I eat and live at the Li family's house, and my expenses are very low, so I can save a lot of money.

Chen Fan was a little surprised when he heard the number: "You are really a rich woman. I will ask Yu Jing to open an account for you later. You can do futures trading with me. If you lose money, just don't ask me to compensate you."

"You're at risk, because our mom beats you up." Zhao Yuanyuan snorted.

Chen Fan rolled his eyes and didn't want to pay attention to her.

Not long after, Yu Jing came in with a stack of documents. Chen Fan read them carefully and signed them one by one. After paying off the debt, there was a balance of 6000 million Hong Kong dollars, or 1200 million US dollars.

After doing all this, Chen Fan started a new round of operations, agreeing to invest funds in gold futures again starting from June 6, still with a 1x leverage.

The difference is, this time we’re long!

The internal inflation problem in the United States has been initially resolved. The interest rate of up to 20% has made the Federal Reserve miserable. A rate cut has become inevitable.

At the same time, the debt crisis in Mexico and Latin American countries has exploded, and international hot money has been withdrawn from these places for safe havens and purchased gold. The price of gold is bound to rebound.

After finishing the things here, Chen Fan rushed to HSBC Bank. They were received by Zhou Wenya, the girl who was funny even without smiling.

Chen Fan glanced at Zhou Wenya's name tag, and saw that she was a financial consultant. He was a little surprised that this girl didn't get promoted. It was quite amazing. She was in charge of Chenfan Publishing House, and he was a futures trader. There was a lot of money in the account, so she should be promoted to a manager title.

Although the title of manager in the financial industry is very common, there is still a difference between having a manager title and not having one when discussing business.

I can only say that this girl is a little stupid and doesn't know how to fight for it.

But she is not stupid when it comes to doing things. She is very meticulous and organized. It can be seen that this girl is a good executor who can concentrate on her work.

Well, commonly known as cattle and horses!

Chen Fan also had two futures investments at HSBC. The first investment was HK$1100 million in royalties from the first and second parts of "The Matrix". He bought and shorted gold at US$425 per ounce, also with a leverage of 10.

The second payment was a dividend of HK$2100 million from the publishing house, which was used to short gold at US$420 per ounce, also with a leverage of 10.

Today's futures delivery brought a profit of HK$9235 million. Together with the principal of HK$3200 million, the amount in the account here is as high as HK$1.2435 million.

The total exchange amount is US$2487 million!
"Robbing a bank can't be that profitable, right?" Zhao Yuanyuan was the last one to take the report, and her hands couldn't help but tremble for a while.

Before he knew it, Chen Fan had become a billionaire!
It's amazing to think about it. What did Chen Fan do? Apart from writing books, he didn't seem to have done much serious work, but his wealth kept increasing.

Look at how Sister Ren Ying makes money. Unless she is on vacation, she has a lot of things to do every day, running around, but she can't make money as fast as Chen Fan.

Since last year, Sister Ying has focused on Yipintang Fish Restaurant. Every day she is either busy with financing or opening new stores. She has made a lot of money, but she has also worked a lot.

Unlike Chen Fan, he earns money while studying.

Most people don’t have this ability!
No wonder Sister Ying often sighs: "When it comes to the ability to make money, everyone who can make a fortune in Hong Kong has some skills, but no one can be as leisurely as Xiaofan."

It’s not that Chen Fan doesn’t have business. His publishing house is large in scale and very profitable, but he just doesn’t care about it, especially after the implementation of the rotating president system, he doesn’t care much.

There are really not many people who delegate power to this extent.

Yipintang also implements a rotating president system. Li Hongying dare not let go. She has to keep an eye on many specific matters and dare not let go at will.

After all, the bigger the scale, the greater the benefits!
Today's Yipin Fish Restaurant is no longer the same size as it was last year. After completing the first round of financing, it now has twelve stores in Hong Kong.

We have now completed the second round of financing and opened five stores on the island. We plan to open 30 stores this year and stores next year.

After two rounds of financing, Chen Fan's original 10% stake is now reduced to 6%, and Li Hongying's original 90% stake is now reduced to 54%.

But the value is no longer the same. The last time Chen Fan came to Hong Kong, he discussed this issue with Li Hongying. Does Yipintang plan to make it a long-standing brand and treat it as an industry, or treat it as a financial product, complete financing and go public, and then make a fortune and leave?
Li Hongying intends to delve deeper into the catering market and build up Yipintang. After completing two rounds of financing, she has no plans to raise funds again.

The fish restaurant’s own hematopoietic capacity is sufficient to sustain its expansion.

In more than a year, after completing the final expansion, the fish restaurant will be able to enter a stable profit cycle, and then it will be a hen laying golden eggs.

The most important thing is that the cash flow is extremely stable.

The fish restaurant developed very quickly, and Li Hongying focused on quality and service. As long as there were no problems in these two aspects, the restaurant would be invincible in the competition.

"Ms. Zhou, please help me prepare the documents. Starting from June 6, this money will be used to purchase gold futures, also with a 1x leverage. This time we will go long."

Chen Fan had no plan to take out the money. As the Federal Reserve began to cut interest rates, the price of gold would inevitably rebound sharply, and gold futures would still be the best investment.

As for the money Zeng Ali needs to start her own business, the money from the publishing house is enough. At least in the first half of the preparation stage, Zeng Ali will not need a lot of money.

After half a year, you will have to burn money, but the futures can already be untied.

"Okay, Mr. Chen, our bank will help you configure a team of traders so that you can buy enough futures in the shortest possible time."

Zhou Wenya smiled slightly, stood up and went out to prepare the documents. Throughout the whole process, she was very careful and organized.

Chen Fan couldn't help but feel a desire to recruit talented people. After signing all the documents, he asked, "Miss Zhou, may I ask, have you ever considered changing jobs?"

"Huh?" Zhou Wenya was stunned for a moment.

"I plan to set up an investment company and I'm currently in need of an assistant."

Setting up an investment company has always been in Chen Fan’s plan. Not to mention which projects he will invest in in the future, even his own funds need to be managed by a professional investment company.

Putting the money in the bank and letting the bank manage it is okay when the funds are small, but once the funds are large enough, Chen Fan will feel insecure.

"Ah?" Zhou Wenya grabbed the corner of her clothes.

"Hmm?" Xu Jinqiu frowned slightly.

Why did Chen Fan suddenly want to poach people? I have also met Zhou Wenya, and I feel that she is quite ordinary, not the kind of person with particularly strong abilities.

There is no means to do this.

Otherwise, I wouldn’t have been a financial advisor all along.

Not everyone can do the job of an assistant. Chen Fan once joked that secretaries can be found anywhere. Secretaries can do the work when there is work to do, and they can do the work when there is nothing to do.

Xu Jinqiu was so angry that he wanted to tickle him. Chen Fan added, "But assistants are different. They are here to do work. When the leader is not around, they can perform leadership duties. People who are not capable enough cannot stay in the position. We have to find a good one in the future."

In her opinion, Zhou Wenya was in trouble!
PS: The first update is here, there is one more~
(End of this chapter)