"He's the chairman, I'm not. I'm only in charge of infrastructure. Technology, technology imports, spending money—it's all decided by that chairman. You've come to the wrong person." Wei Laisong laughed, pushing the blame onto Xing Baohua.
Since he's not here, let him talk nonsense.
The Toyota staff left after two days; there was really no point in waiting any longer.
Director Tang and his team escorted the Japanese soldiers all the way to the capital, where they agreed on a time to conduct a business visit to Toyota.
After the Japanese devils left, Director Tang returned to the bureau to report on his work and even applied for an inspection trip.
The higher-ups agreed. Thus, a preliminary investigation team of over fifty people was established.
People from all walks of life are there; I wonder what these laymen are looking for at Toyota.
When Director Tang was organizing the delegation, he kept sending invitations to Luzhong Automobile Factory.
They even gave out ten spots.
Wei Laisong sneered and had it sent to the provincial capital, where it was immediately distributed.
Most of them were retired senior cadres who had worked diligently their entire lives but had never been abroad. This time, someone invited them.
Let them go and see the world in style.
When Director Tang was compiling the list, he discovered that none of the people from Luzhong Automobile had registered, and all the allocated slots had already been distributed. He was furious!
He called Wei Laisong directly: "Comrade Wei Laisong, the list of people the bureau gave you for the inspection is valuable. How can you not cherish it? You must send people to participate."
"Director Tang, I'm so sorry, we really don't have enough manpower! Besides, there's not much to consider with Toyota. We've already partnered with Nissan, and everyone's busy building new workshops and expanding the factory. We just don't have the time."
"Alright!" Director Tang said through gritted teeth, then asked, "Have you spoken to Comrade Xing Baohua and asked him to come back?"
"No, my secretary contacts him every day, but the signal might be bad over there, so we can't reach him," Wei Laisong replied, blatantly lying.
"How could that be? Give me his contact information in the US, and I'll try to get in touch with him," Director Tang said.
“Okay!” Wei Laisong then gave Xing Baohua’s mobile phone number in the United States.
If we can get through, let Xing Baohua argue with the other party.
I bet that guy will explode in anger.
When Xing Baohua arrived in America, he first went to Hollywood to meet Zou Wenjuan, as the entire team from Haina Entertainment was there.
Even Ah Le came along and bought some of his albums in the Chinatown area.
I stayed in Hollywood for a few days, driving around with Zou Wenjuan, looking at houses, trying to figure out what kind of house we wanted.
In fact, Xing Baohua told Zou Wenjuan to take a look first, and they agreed to sell it at the end of the year.
But Zou Wenjuan wanted to buy it now with her own money.
This isn't about whose money; it's just that property prices are generally high right now. In another two or three months, prices should drop by more than 30%, then it will be a good time to buy.
Xing Baohua then went to the Wall Street branch.
They began discussions with brokerages such as Morgan Stanley and HSBC.
Xing Baohua doesn't want to buy stocks right now; it's not the right time to invest a large sum of money, so he'll wait.
Huang Xingyao, the branch manager here, has had the opportunity to purchase some scattered stocks as instructed by Xing Baohua.
The total value isn't much, just over two hundred million US dollars.
Xing Baohua took the information from Huang Xingyao and looked at the prices of the many stocks purchased. Some had a profit of more than one yuan per share, while others had a profit of three or four yuan.
The average profit is more than two US dollars.
Selling now would only double the price. It's not very appealing, but I really don't want to sell!
There's no other way, I have to sell them! After the stock market crash, all these stocks I held will be stuck.
As long as you don't sell, the price can rebound. But that will take time.
They are a company, not individual investors, so they can hold on for a long time.
If a company or institution's stock purchases are trapped, it will decisively cut its losses, convert the funds, and try to recoup its principal.
Some investors are also cutting their losses, but some stubborn investors would rather have their funds tied up than sell their stocks until they recover.
This often leads to waiting three to five years, then selling as soon as the price rises slightly.
On average, they didn't make any money; in fact, they lost money on interest.
There are too many examples like this. Xing Baohua told Huang Xingyao that these stocks should be sold next month, all of them.
Then Xing Baohua said to Huang Xingyao, "Try to recruit traders as much as possible. Morgan will be our brokerage firm, and we'll short the US dollar index."
"Boss, isn't shorting the US dollar index very risky?" Huang Xingyao asked worriedly.
"No, what goes up must come down. It's going up now, so we won't wait for it to fall! Do you know the kind of betting strategy I use in Hong Kong? It's like a ladder?" Xing Baohua said.
"I know. You mean, shorting the US dollar index is also done in steps?" Huang Xingyao said, taking a deep breath.
"HSBC has two billion US dollars, Citibank has 1.5 billion US dollars, and Morgan Stanley has 1.3 billion US dollars. I've got the money ready! The people must be in place by next month," Xing Baohua said casually.
Huang Xingyao only knew that Citibank had a sum of money, but he didn't expect Xing Baohua to have prepared so many US dollars, close to 5 billion! Who in Hong Kong has that kind of strength? Even the United States probably doesn't have many!
The key question is, how is this any different from a high-stakes gamble?
The US dollar index is currently surging, and nobody knows when it will fall. It's true that what goes up must come down; not knowing when it will fall means you need to anticipate potential entry points.
1:1 or leverage?
Just thinking about it is incredibly exciting, and Huang Xingyao is extremely thrilled.
"Don't tell anyone yet! Just the two of us know," Xing Baohua instructed Huang Xingyao.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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