Reborn Capital Tycoon - Chapter 228
Chapter 228 Unexpected Joy
Of course, capital pays attention to profit-seeking.
Although building a film and television base can promote the development of the Hong Kong film and television industry and drive the prosperity of the Hong Kong entertainment industry, it will take time to prove whether it will be successful.
The title of “Oriental Hollywood” sounds good, but in Sha Ya’s view, it is impossible to achieve it in a short period of time without 20 or 30 years of hard work.
You must know that today’s Hollywood in the United States began to develop in the early 20th century, and after half a century of hard work, it has achieved today’s achievements.
So, it didn’t happen overnight.
If Xiangjiang wants to catch up with Hollywood, even if it only reaches half of Hollywood’s achievements, it will take at least 20 to 30 years of accumulation.
For such a long time, leaving aside the risks, it is still unknown whether it will succeed in the end.
Wall Street Capital stands behind Hollywood. Compared with Wall Street Capital, HSBC can only be regarded as a dominant player in Hong Kong.
The economy of Xiangjiang has just started these years, and it is far away from the Asian financial center of later generations. As a British bank attached to Xiangjiang, HSBC has no influence outside Hong Kong at all.
The film and television base has invested a lot of money in the early stage, and the benefits are far away. Although HSBC has a big business, there is no need to take the initiative to invest a large amount of money to take risks.
Although Xiangjiang’s current economic environment is very bad, after the double blow of the stock market crash and the oil crisis, Xiangjiang’s economy is in a sluggish state, which makes the Governor’s Office have to roll up its sleeves and intervene in person.
However, Hong Kong’s economic downturn is not a bad thing, but this is not a bad thing for HSBC, because the more this is the case, the more HSBC can inject capital into those high-quality companies at the lowest cost, so that after the economic crisis, gain prosperous profits.
In Sha Ya’s view, if there is money to invest in film and television bases, it is better to lend to those companies with potential, so that you don’t have to take too much risk, and at the same time, the rate of return is high.
Chen Yi was not surprised by Sha Ya’s polite refusal.
Because he had already expected it before he came, and since he didn’t have much expectation, naturally he couldn’t talk about disappointment.
However, it was a surprise to Chen Yi that Sha Ya was willing to provide him with a loan for the film and television base.
He had previously borrowed more than one billion from HSBC. It stands to reason that it is very difficult to continue to borrow from HSBC, and the bank needs to bear huge risks.
Although Sha Ya is British, she still understands the Chinese saying that “all eggs should not be put in the same basket”.
So, Chen Yi never thought that he could continue to get loans from HSBC Bank.
Now with Sha Ya’s personal promise, he can borrow at least a few hundred million more loans from HSBC Bank. In this way, it can completely solve the financial pressure he is currently facing.
Most of the working capital in his hands before has now been invested in the gold market. That is to say, once the film and television base receives the support of the Governor’s Office, he will face the embarrassment of not being able to pay.
Today I came to Sha Ya for tea, and things far exceeded his expectations. Chen Yi was so happy, touched his stomach full of tea, and said haha: “Mr. It’s almost there, I won’t be here to make trouble for you, and disturb your work.”
Seeing that Chen Yi finished speaking, Sha Ya was about to slap his **** and leave. He was about to get up and see him off, but suddenly remembered something, so he quickly grabbed Boss Chen and asked, “Is Chen Sheng busy this afternoon?”
“Hold?” Chen Yi was taken aback when he heard the words, not understanding what else the other party had to do. After thinking for a while that he had nothing important to do this afternoon, he shook his head and said, “It’s not that I’m very busy. The company doesn’t have any major matters that I need to deal with right now. What’s the matter? Mr. Sha Ya Is there a problem?”
Sha Ya signaled Chen Yi to sit down first, and after Boss Chen sat down, he said, “I don’t know what Chen Sheng thinks about the recent gold market? I remember you dug a few people from me before, and this time Chen Sheng must have some Participate?”
“Gold market?” Chen Yi frowned subconsciously when he heard Sha Ya’s words. He has been very cautious in doing things in the gold market, so he should not be known by the other party.
Although he doesn’t know where Sha Ya heard the news from, Chen Yi still believes that no one on his side should leak it. After all, the traders he arranged are surrounded by security personnel who monitor them 24 hours a day, so it is impossible for them to leak the news. come out.
Now that the gold market is exploding, there are countless people involved in buying and selling gold. Although the amount of his own money is not small, in the gold market, which is nearly 400 billion U.S. dollars, his money may not even be splashed. stand up.
Whether you participate in the gold market or not is not a big deal.
It’s just that he is reluctant to tell Sha Ya whether he participated or not, because he doesn’t want to wait for the news of his profit from the gold market to be exposed again after the heat of the gold market passes.
After all, he has profited from the stock market again and again, and everyone should suspect that he is a time traveler in the future, just like Li Chaoren was also suspected of being a time traveler in his previous life.
So, low-key is the kingly way. If you are too high-key, it will be bad if you are caught and sliced for research that day.
Chen Yi thought for a while, and said with a smile: “When it comes to opinions, there are some points, but I don’t know if Mr. Sha Ya agrees.”
“Mr. Chen, please tell me” Sha Ya didn’t care about Chen Yi avoiding the topic of whether he was involved or not, but reached out his hand to signal Chen Yi to continue talking.
“As far as the current gold market is concerned, to be honest, I am not particularly optimistic. In my opinion, the current price of gold has begun to deviate from its actual price. If the price of gold is allowed to continue to rise, then it is very likely that there will be similar There was a stock market bubble in Xiangjiang before.”
After hearing this, Sha Ya couldn’t help but her eyes lit up, and she asked, “Chen Sheng, can you be more specific?”
Chen Yi nodded and said: “As we all know, the price of gold has risen all the way since the 1970s, and it is directly related to the U.S. government’s announcement to withdraw from the Bretton Woods system in 1971 and the decoupling of the U.S. dollar from gold.”
“After the U.S. dollar was decoupled from gold, the price of gold completely broke away from the previous single pricing model set by the US government, and its price began to change from government pricing to market supply and demand pricing.”
“Of course, the reason for this round of skyrocketing gold is mainly due to the sharp depreciation of the U.S. dollar after the global oil crisis last year, which triggered a wave of European countries selling U.S. dollars to buy gold.”
“Under the impact of this wave of buying gold led by the governments of various countries, everyone followed suit and started buying gold, which led to a sharp rise in the price of gold last year, and it broke through the $100/oz mark at the beginning of this year. .”
“This price is three times the previous fixed price of various countries. Now the price of gold has completely deviated from the actual price and has been artificially raised. Once countries stop snapping up the gold market, the gold market will inevitably suffer. When the time comes…”
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(end of this chapter)