I'm in the county town, and you say I'm a big shot?

Chapter 264 The State Restarts Exchange Rate Reform!

After leaving, Fang Qingye drove back to Nanxin.

On the way, he called Xia He and told her about his meeting with Qiao Yongfeng that day.

Fang Qingye knew that even if she didn't say anything, Tian Qian would tell her best friend Xia He about the chat.

Besides, there's nothing to hide.

On the other end of the phone, Xia Hejiao chuckled, "It seems you and Qiao Yongfeng had a very pleasant conversation?"

"It's alright, I'm quite interested in the business he's in."

"That's good. I'll talk to Tian Qian more about her husband's business in the future. If you want to know anything, I'll try to find out for you."

Clearly, Xia He also realized that Fang Qingye was more interested in Qiao Yongfeng's business than in him as a person.

"Don't ask too many questions and it might affect your friendship," Fang Qingye reminded her.

"Don't worry, I know what I'm doing, but Qingye..." Xia He paused on the other end of the phone, seemingly hesitant.

"But what? Tell me, is there anything we can't say between us?" Fang Qingye asked.

"You've also sensed it, Qiao Yongfeng's family background is quite strong. Sometimes when I talk to Tian Qian about her husband, she speaks vaguely. Be careful when dealing with him, don't get taken advantage of, after all, we're just ordinary people."

"Thank you for reminding me, I will be careful."

"Alright then, I won't bother you anymore. You focus on driving and let me know you're home safely."

"okay bye."

Fang Qingye hung up the phone.

Meeting Qiao Yongfeng this time was somewhat unexpected, and it might actually come in handy in the future.

But this person
Fang Qingye thought for a moment, then put on her Bluetooth headset and dialed Shi Guangrong's number.

The call was quickly connected, and Shi Guangrong's enthusiastic voice came through the receiver: "Qingye, are you in Shanghai?"

"No, I went to Huijing to see a friend a couple of days ago, and I'm driving home now," Fang Qingye explained. "Guangrong, I'm asking you about someone, do you know them?"

"Who?"

“Qiao Yongfeng, chairman and general manager of Huijing Bangcheng International Trade Company, is in foreign trade, around forty years old, from Yanjing, knows Zhao Yanjing, and also knows that you and Zhao Yanjing were university classmates,” Fang Qingye said.

"Qiao Yongfeng? I've never heard of him before?" Shi Guangrong asked with some surprise on the other end of the phone.

"Oh, it's nothing, I was just asking."

"Oh, I remember now. I remember two years ago when I went to Yanjing to catch up with Zhao Yanjing, Zhao Yanjing mentioned this name casually during our meal, saying that this person was very capable and that the foreign trade business he did was something that ordinary people couldn't do."

"Oh"

"Qingye, how do you know him?"

"I met him by chance through a friend from Anhui. I was just asking out of curiosity. Anyway, I don't do foreign trade. I'm hanging up now."

"Okay, come to Shanghai for fun anytime, let's go fishing."

"it is good."

It seemed that Fang Qingye wouldn't be able to get much valuable information from Shi Guangrong, so she stopped thinking about it.

Back in Nanxin, Fang Qingye sent Xia He a message on QQ saying she had arrived home safely. As for the 10 million in her forex trading account, Fang Qingye didn't mention how to operate it, leaving it to Xia He to play with as she pleased. Time quickly passed to early June, and the weather became increasingly hot and humid. Nanxin once again entered the plum rain season, with light rain falling every day. The humid and hot weather made people feel irritable.

The Nanxin Lake development project is proceeding according to plan. Fang Qingye occasionally goes to check on it. Luo Yan is quite capable, and with Xu Mei, the financial vice president he found, Fang Qingye is quite at ease.

Fang Qingye's family also moved, from their original residence in the Wenhua Road Teachers' Community to the Chengnan Yushuiwan Community.

The three-bedroom, two-living-room house is much more spacious and bright than before.

Fang Qingye usually lives in her grandfather's nursery. The two-story building has been completed, and Fang Qingye also has her own bedroom.

Most importantly, living here means no one nags you and someone provides meals, unlike living at home where no one cooks dinner and you have to eat leftovers from lunch.

Of course, there are also downsides. If it weren't for the weekend, all the employees at the nursery would be at work on time, and as the manager, I would feel embarrassed to sleep in—even though no one would say anything to me.

That's good too. Getting up early and running around in the nursery to breathe in some fresh air is a good idea.

It rained today, so Fang Qingye didn't go for a run. She got up on time in the morning, ate the breakfast her grandmother made, and went to her office on the second floor of the office building to handle some official business and sign a few invoices and expense reports. But most of the time she didn't have much to do, so she made tea and read the newspapers. In response to the government's call, she subscribed to the "Suzhou Daily" and "Jinghai Daily", as well as some professional newspapers such as "China Flower and Horticulture" and "Seedling World".

Today I'm drinking tea while reading "Chinese Flowers and Horticulture" to learn about some flower cultivation techniques.

Just then, the cell phone on the desk rang. Fang Qingye saw that it was Xia He calling.

Xia He rarely makes phone calls first; she usually texts or chats on QQ. What's wrong with her today?
He picked up his phone and pressed the answer button. Xia He's slightly excited voice came through: "Qingye, is it a convenient time to talk?"

"It's convenient, I'm alone in the office."

"Then you should quickly check today's financial news!"

"What news?" Fang Qingye asked, opening her browser.

"Take a look."

Fang Qingye saw the headline on Sina Finance: "The People's Bank of China Releases 'Opinions on Further Promoting the Reform of the RMB Exchange Rate Formation Mechanism and Enhancing the Flexibility of the RMB Exchange Rate'" in bold black characters.

The content is quite long, mainly stating that the exchange rate reform "focuses on adhering to market supply and demand as the basis, adjusting with reference to a basket of currencies, and continuing to dynamically manage and adjust the RMB exchange rate fluctuation in accordance with the published foreign exchange market exchange rate fluctuation range," and so on.
"Aoba, the RMB has surged 200 basis points against the US dollar today!"

Upon hearing Xia He's voice, Fang Qingye smiled and said, "Did you make a small fortune?"

"Yes, and I heard from Manager Wu at the branch that the number of customers coming to trade foreign exchange has increased dramatically today."

"So, if we're going to implement a short-selling mechanism like in the A-share market, where you're only allowed to go long and not short, then nobody will make any money. How many basis points are you hoping to gain by shorting the RMB?" Fang Qingye asked.

"300."

"It's a bit conservative, but it can still make some money." Fang Qingye didn't care.

Without leverage, how much profit or loss can there be?
"You look down on such a small amount of money?" Xia He retorted, feigning annoyance at Fang Qingye's casual tone.

"No. Earn more and spend more. You can do whatever you want with this 1000 million."

The two chatted for a while longer before Fang Qingye hung up the phone.

At this moment, Fang Qingye received another text message from Qiao Yongfeng.

During the time Fang Qingye returned to Nanxin County, the two had not been in contact. Today's text message read: "Congratulations, President Fang."

What's there to congratulate?
You say my prediction was accurate?

Didn't you already hint at it at dinner that day?
Did Xia He make a fortune trading foreign exchange?
You're interested in such a small amount of money?
Fang Qingye thought for a moment and replied, "Same to you, same to you."

(End of this chapter)