"Boss Huang!"
"Let's not beat around the bush. I invited you here today because I need your help with a small matter."
After everyone left, Chen Dong immediately spoke.
His purpose in seeking out Mr. Huang was simple: to exchange Hong Kong dollars.
Chen Dong also considered asking Li Yong for help.
After all, you can tell from how they address each other that they are close.
Li Yong didn't keep Chen Dong in suspense and bluntly reminded him that it was more reliable to ask Boss Huang for help than to ask him.
A smart person understands as soon as it's explained.
Chen Dong quickly realized what was going on.
Mr. Huang is from Hong Kong. He must want to convert the money he earns in mainland China into Hong Kong dollars, right?
During this period, it wasn't just Mr. Huang who had this idea.
The vast majority of Hong Kong people have similar thoughts and experiences.
This is the same principle as Chinese merchants going to countries like Myanmar and Laos to do business.
"Mr. Chen, now that we know each other, we're all friends. Feel free to speak your mind."
"As long as I, Huang, can help, I will definitely help."
Upon hearing this, Chen Dong smiled.
Don't take this seriously; you'd be a fool to do so.
There are never friends among businessmen, only interests.
Of course, Chen Dong was confident that he could get the other party to agree. Who wouldn't like making money?
“Mr. Huang, I have some money and I would like to exchange it for Hong Kong dollars through your channels.”
"Look, how long will it take, and how are the fees calculated?"
Upon hearing this...
Mr. Huang glanced at Chen Dong with some surprise.
His understanding of Chen Dong was limited to Lin Zhiyuan and Li Yong's admiration.
As for Chen Dong himself, this was the first time he had met him.
"Mr. Chen, how much do you want to exchange? When do you need it? If it's convenient, could you tell me what you plan to do with this money?"
Such questions were asked in case Chen Dong's money came from dubious sources.
If we know more about his background, we won't be able to trace anything back to him.
Chen Dong could have chosen not to answer Mr. Huang's question.
That's how it is in this industry.
As long as the rebate, which is the handling fee, is given to the other party in full.
Who cares where your money comes from or what you're going to do with it?
"I heard that Hong Kong borders the international financial market, so I'm planning to do some financial business."
Chen Dong was telling the truth.
In his opinion, there was no harm in telling Boss Huang.
In Hong Kong, from high-level executives to vegetable vendors, nine out of ten people invest in stocks.
It's not just stock trading; horse racing is also an indispensable part of life for Hong Kong people.
But to Mr. Huang, these words sounded like a joke.
Investing in international financial markets? Bah!
You're from the mainland, what do you know?
It's already quite polite of Mr. Huang to think that way.
During this period, many Hong Kong people looked down on mainlanders and harbored hostile feelings towards them.
One can glean some insight from the fact that mainlanders go to Hong Kong to look for work.
For the same job, mainlanders earn the lowest salaries, followed by Hong Kong locals, while the highest-paid group consists precisely of Westerners.
Chen Dong didn't want to criticize anyone with words.
Sometimes, no matter how much you talk, it's better to prove someone wrong with actions.
"Does Mr. Huang find this matter difficult?"
"If it's too difficult, let's stop here for today and I'll think of another way."
Chen Dong was already somewhat displeased when he said this.
It's not like we won't give you a rebate.
What's wrong with me making financial products?
Did I eat your rice or your meat?
Besides, whether you make a profit or a loss, what does it have to do with you?
What's the most powerful thing about reborn people? Information asymmetry!
Knowing more than others but still clinging to one thing, that's true foolishness!
"Mr. Chen, Mr. Chen, that's not what I meant. Let's talk this over."
"Look, if it's convenient, could you give me a rough estimate? I also..."
10 million RMB.
Before Boss Huang could finish speaking, Chen Dong interrupted, casually uttering a number.
It was as if 10 million was just a string of numbers to him.
The goods he brought back from Russia actually sold for 15.6 million.
Of these, nearly 2 million unsold goods are already en route.
There's also Lin Zhiming's 10% share, staff salaries, food and lodging, factory rentals, tariffs, etc.
In fact, when Chen Dong left the Yanjing branch, he only took 11 million RMB and 400,000 USD with him.
He also planned to leave 1 million yuan to Longteng Electronics for development when he left Shenzhen.
Therefore, being able to exchange 10 million RMB is already Chen Dong's limit.
"10 million?"
Mr. Huang's eyes widened in surprise; he hadn't expected the young man before him to have such a grand vision.
At the current exchange rate, 10 million RMB is approximately equal to 16.12 million HKD.
The RMB was still quite strong in 1990; significant devaluation occurred after 1994.
At that time, 100 Hong Kong dollars can be exchanged for 111 RMB.
Of course, this is just the official price.
If Chen Dong could exchange this money at the central bank, he wouldn't have had to go through all this trouble.
soon!
Mr. Huang then calculated the result.
He stared intently at Chen Dong.
What courage!
After so many years in business, he has only accumulated a net worth of HK$50 million.
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