bookrebus Chapter 129 Clearing Out A-Shares
Chapter 129 Clearing Out A-Shares
Seven o'clock in the morning, in the hotel room.
Ling Yun sat at the table, opened his laptop, connected the phone line to dial up to the internet, and logged into the securities trading system.
Account display:
Shenzhen Development Bank: 40 shares, cost 8 yuan, current price 76.2 yuan.
Shenzhen Technology: 65 shares, cost 11.5 yuan, current price 69.8 yuan.
Cash balance: RMB 312 million.
He entered the command.
Sell 40 shares of Shenzhen Development Bank at a price limit of 76 yuan.
Sell 65 shares of Shenzhen Technology at a price limit of 70 yuan.
Click to confirm.
The screen displays: The request has been submitted.
wait.
At 8:30 AM, the A-share market opened. Shenzhen Development Bank gapped up to 76.5 yuan. Lingyun's sell order at 76 yuan was executed instantly.
Shenzhen Technology opened at 70.2 yuan, and sell orders at 70 yuan were also filled.
Refresh your account.
Cash balance: 7590 million + 312 million = 7902 million yuan.
Zhao Hu knocked on the door and came in, carrying a breakfast tray.
"Mr. Ling, breakfast is ready."
"Put it there." Ling Yun stared at the screen.
Zhao Hu placed the tray on the table. Coffee, fried eggs, bread.
Ling Yun continued operating. He called Zhao Weiguo in Jinan.
"Weiguo, how much cash does the internet cafe have left in its account?"
"About a million. Do you need it?"
"Transfer all to my personal account. Today."
"Okay. I'll go to the bank right away."
"Also, please pass on a message to Section Chief Wu in the finance department: keep two million yuan in working capital for the factory, and don't touch the rest of the money until I give you further instructions."
"clear."
After hanging up the phone, Lingyun started eating breakfast.
At nine o'clock, Zhao Weiguo called.
"The money has been transferred. One million two hundred thousand."
"it is good."
Refresh account. Cash balance: 8022 million yuan.
Eighty million is enough.
Ling Yun dialed Zheng Bin's number.
"Mr. Zheng, are you in Hong Kong?"
"Yes. Where are you?"
"Shangri-La".
"I'll come find you."
"No need. I'll go to your company."
At 10 o'clock, Ling Yun and Zhao Hu arrived at Zheng Bin's company. It was located in an old office building in Central, with sophisticated decoration.
Zheng Bin was waiting for them in his office.
"Sit down." He gestured to the tea table. "What would you like to drink?"
"Tea will do." Ling Yun sat down.
Zhao Hu stood at the office door, facing outwards.
"Did you need something?" Zheng Bin asked, making tea.
"Exchange for US dollars. How much can I get with 80 million RMB?"
Zheng Bin paused for a moment.
"The exchange rate is currently around 8.3. Eighty million can be exchanged for about nine million six hundred and thirty thousand US dollars. What do you need so many US dollars for?"
"It works," Ling Yun said. "Can I exchange it?"
"Yes, we can." Zheng Bin put down the teapot. "But it will take time. Large-scale exchanges require bank registration."
"How quickly?"
"Three days. Ten million dollars. I'll round it up for you."
"What do you mean?"
"Eighty million RMB, which is nine million six hundred and thirty thousand at the normal exchange rate. I'll give you ten million. The extra thirty-seven thousand is a gift from me." Zheng Bin looked at him, "but there's a condition."
"Take me with you this time."
Lingyun picked up his teacup and took a sip.
"Aren't you afraid of losing out?"
"I'm afraid," Zheng Bin said, "but I'm even more afraid of missing out. Last time in the US, I made 30% in a week. I believe you."
"This time the risk is greater."
How big?
"It could double your money, or it could mean losing everything."
Zheng Bin smiled.
"I'll put up ten million dollars. If I lose it all, consider it tuition."
"Okay." Ling Yun put down his teacup. "Ten million US dollars, to be deposited today."
"Before 3 PM".
"Also, you should register a fund company. Spreading the money out will make operations easier."
"It's already underway," Zheng Bin said. "Two companies in Hong Kong and one in Singapore."
"clever."
Zheng Bin picked up the phone and dialed a number.
"Xiao Wang, transfer ten million US dollars. Yes, today. From my personal account."
I hung up the phone.
"The money will be transferred to your designated account at 3 PM."
"Thanks." Ling Yun stood up.
I'll call you this afternoon after the money arrives in your account.
"it is good."
I left Zheng Bin's company and got into the car.
Zhao Hu was driving.
"Mr. Ling, where's our next stop?"
"Go to Li Ziyu's place."
Car arrives at Yuanhang Capital.
Li Ziyu was in a meeting. His secretary told Ling Yun to wait in the meeting room.
Ten minutes later, Li Ziyu came in.
"Mr. Ling, I'm sorry, we were just discussing business."
"It's alright," Ling Yun said. "The funds are in place. Zheng Bin will also contribute ten million, making it a total of fifteen million US dollars."
"How should we arrange it?"
"We'll handle it through three companies. One for you, one for Zheng Bin, and one for me in Singapore. Five million for each."
"Why are they so scattered?"
"Small transactions are less likely to attract attention," Ling Yun said. "Foreign exchange controls are not strict in Southeast Asian countries yet, but large capital flows will be monitored. Transactions under five million US dollars are relatively safe."
"That makes sense." Li Ziyu nodded. "When will it start?"
"Open accounts first. Securities accounts in Thailand, Indonesia, and Malaysia, and foreign exchange accounts. Open them separately under the names of seven companies."
"I'll arrange it," Li Ziyu said. "I have a friend there who works in finance and can help."
Is it reliable?
"Reliable. Shared interests."
"Okay." Ling Yun glanced at his watch. "The funds will arrive at 3 PM. Get ready to receive them."
"no problem."
We left Yuanhang Capital and returned to the hotel.
On the way, Zhao Hu said, "President Ling, there's a car following us."
Ling Yun didn't turn around.
What kind of car?
"A black Toyota, license plate HK-7824. I followed it after it came out of Mr. Zheng's company."
"Can we get rid of him?"
"You can give it a try."
"No need," Ling Yun said. "Just drive normally. Just note down the license plate."
"Yes."
Back at the hotel at 2 PM.
Lingyun opened his laptop and checked the international foreign exchange market data.
Thai baht to US dollar: 25.2:1.
Indonesian Rupiah to US Dollar: 2380:1.
The Malaysian Ringgit is 2.5 to 1 US Dollar.
The surface appears stable, but volatility is increasing.
At three o'clock, the phone rang.
It was Zheng Bin calling.
"The money has arrived. Ten million US dollars, in your HSBC Hong Kong account."
"it is good."
Lingyun logged into the bank system and confirmed the funds had arrived.
Then transfer the money.
Send a fax to Li Ziyu: Funds have been transferred.
Five minutes later, Li Ziyu called back: "Received. Account opening has been arranged."
"Speed up," Ling Yun said. "I have a feeling the storm won't be far off."
"clear."
After hanging up the phone, Lingyun stood by the window.
It was a cloudy day outside, and Victoria Harbour was shrouded in a gray haze.
Zhao Hu knocked on the door and came in.
"Mr. Ling, that car is still downstairs. There are two people in the car who have been observing the hotel entrance."
"Did you take a picture?"
"I took the picture." Zhao Hu handed over a photo.
The photo shows a black Toyota with two men inside, one wearing sunglasses and the other wearing a baseball cap.
"Give it to Li Ziyu," Ling Yun said. "Have him find out who he's working for."
"Yes."
"Also, we're going to Thailand tomorrow."
What do I need to prepare?
"Passport, visa, cash, and this." Ling Yun took a document out of his suitcase. "An economic analysis report on Thailand. I'll read it on the way."
Zhao Hu took the document.
"I'll go book the plane tickets."
"Um."
After Zhao Hu left, Ling Yun called An Shiyu.
"What are you doing?"
"Reading a book. What about you?"
"In Hong Kong. Going to Thailand tomorrow."
"Is everything going smoothly?"
"smoothly."
"be safe."
"Know."
There was a pause.
"I miss you," An Shiyu said.
"Me too."
"Waiting for you to come back."
"it is good."
After hanging up the phone, Ling Yun continued reviewing the documents.
Data on external debt, foreign exchange reserves, and real estate bubbles in Southeast Asian countries.
The numbers are familiar. In a past life, these numbers led to a storm that swept across Asia.
Now, he wants to profit from this storm.
It's cruel, but that's the game of capital.
The law of the jungle prevails.