Chapter 434 [Plaza Accord]

Chapter 434 [Plaza Accord]

Li Mingzhi's move is very interesting. It is equivalent to spending a little money to invite the tycoon Li Wendi to be his spokesperson. With Li Wendi's reputation in Hong Kong, as long as he says a good word about Li Mingzhi, many shareholders will naturally "buy it". In this way, Li Mingzhi's brilliant Australian Group has gained a foothold in Hong Kong.

"The property transaction is fine, but forget about the nice things. I know exactly what Mr. Li is going to do." Li Wendi said with a smile, "We are just the buyer and seller. It would be better if we don't have any other contact."

"Since Mr. Li has said so, then we are just ordinary partners." Li Mingzhi smiled and said, "When do we start trading Huamei Real Estate Company?"

"Before the transaction, I want to make it clear that our transaction must be settled in full at one time." Li Wendi said seriously, "With the previous experience of the Jianing Group, I don't want to become another landed company."

"Haha!! I didn't expect Mr. Li to be so cautious." Li Mingzhi's face changed slightly. He knew Chen Songqing, and his way of doing things was somewhat similar to his, but his methods were not simply based on hype, but more on property asset transfer, using multiple companies to support one company.

"There are so many eccentrics these days. If you are not careful, you might suffer losses easily." Li Wendi looked at Li Mingzhi with a meaningful smile. In his eyes, there was not much difference between Li Mingzhi and Chen Songqing.

If you can resist greed, you may succeed. If you can't resist greed, you will only be the next 'Chen Songqing'.

"The current market value of Huamei Real Estate Company is 7.8 million yuan, and a 100% premium is 15.6 billion yuan. Changxin Group holds 62% of the company's shares, which is 9.672 million yuan." Li Mingzhi said with a smile, "Brilliant Australia Group plans to pay in three installments over three months. What do you think, Mr. Li?"

"Three months is not a problem, but we have to sign an agreement. If your company cannot pay the money on time, Changxin Group has the right to take back the equity of Huamei Real Estate Company and will not refund the cash already paid." Li Wendi said with a faint smile.

Li Mingzhi was slightly stunned. He didn't expect Li Wendi to be so powerful. He guarded against him like a thief, doing everything perfectly.

Li Mingzhi had no choice but to agree.

After Li Mingzhi left, Gao Yi walked in and said to Li Wendi, "Boss, I feel that Li Mingzhi is a little strange, but I can't tell what's wrong."

"Do you think he is somewhat similar to Chen Songqing?" Li Wendi said with a smile.

Hearing this, Gao Yi suddenly became clear-headed. "It is somewhat similar to Chen Songqing. Could it be that he is doing the same thing as Chen Songqing?"

Li Wendi laughed and said, "Chen Songqing cheated stockholders and banks, while this guy cheated shareholders and stockholders. The targets are quite different."

Gao Yi sighed, "The stockholders are going to suffer again. If we cooperate with Li Mingzhi, won't we also be affected?"

"No. Our transaction with Brilliant Australia Group is reasonable and legal. It is not the relationship between Jianing Group and Yida Group." Li Wendi said.

"Be careful when dealing with people like Li Mingzhi. Don't be greedy for small gains. Just get what we deserve." Li Wendi advised.

People like Li Mingzhi and Chen Songqing are really too dangerous. Once they get on board, it is difficult to get out. For example, Zhong Zhengwen of Yida Group discovered Chen Songqing's true purpose, but it was too late and he could only flee Hong Kong.

Early January 85

Li Mingzhi's Brilliant Australia Group officially took over the Huamei Real Estate Company under the Changxin Group, spending 9.7 million yuan to acquire 62% of the shares of Huamei Real Estate Company. Li Mingzhi also knows how to advertise, and bought the front-page headlines of major newspapers in Hong Kong to promote himself, like a bomb, which made the heads of Hong Kong shareholders buzz and remember the name of Brilliant Australia Group.

Just when Li Mingzhi was about to make further efforts, small and medium-sized stocks suddenly plummeted in mid-July. The share price of Huamei Real Estate Company was also greatly affected, which caught Li Mingzhi off guard.

Changxin Group Office

Li Wendi is sitting on the Diaoyutai State, having just received the first payment of 4 million yuan from Brilliant Australia Group. This allows him to use leverage to buy small and medium-sized stocks at a bargain price.

"Manager Bai, you are optimistic about the stock market opportunity. You need to use 4 million yuan in cash and 5 times leverage to buy at the bottom," Li Wendi ordered.

After this drop in small and medium-sized stocks, the stock market sniper Liu Luanxiong is about to step onto the big stage. Together with Li Mingzhi and Luo Xurui from the Luo Yingshe family, Hong Kong is really about to usher in an era of 'chaos'.

"Yes, I will always pay attention to the decline of small and medium-sized stocks." Bai Hui nodded.

"The investment department of Changxin Group is called a department, but in fact its scale is comparable to that of a securities company. The market in Hong Kong can no longer accommodate our size. Your department should start to look overseas, such as Japan, Singapore, the United States, and the United Kingdom. These can all be your targets." Li Wendi continued, "My requirements are very simple. As long as it is reasonable and legal and can make money, you can do it."

"I have already started to establish a securities investment company belonging to the group. I plan to set up its headquarters in RB because RB has been developing rapidly recently and is very suitable for financial investment." Bai Hui said.

"It's up to you to decide on this matter." Li Wendi then said, "How is the matter of letting you speculate on Japanese yen with large leverage going?"

Li Wendi remembered that the Plaza Accord in September would lead to a massive appreciation of the Japanese yen, which would allow him to make a lot of money, and he had made arrangements for his companies.

This is a feast that can accommodate huge amounts of capital.

Li Wendi's private funds in Hong Kong, the United States, Singapore and other places have all bought Japanese yen with large leverage. By the end of September, he will have reaped profits of over 9 billion US dollars.

At that time, I really wanted to achieve personal financial freedom.

"According to your instructions, we have withdrawn 8 million yuan in principal and used 20 times leverage to buy stocks, with a total value of 160 billion yuan." Bai Hui couldn't help but worry, because many financial currency speculators in the international market did not believe that the RBZ government would agree to the appreciation of the yen, and those people would rather believe in the depreciation of the yen.

Li Wendi noticed Bai Hui's expression and said soothingly, "The truth is often in the hands of a few people. Even if the currency does not appreciate, it will not depreciate. The U.S. government will not allow a trade deficit to continue. If that happens, the U.S. dollar will continue to leak out. This is equivalent to stealing the Americans' money. How can the Americans allow it?"

After hearing Li Wendi's explanation, Bai Hui felt it made sense.

On September 9, finance ministers from the United States, Federal Germany, RB and other countries signed the Plaza Accord at the Plaza Hotel in New York, deciding to significantly appreciate the mark and yen in order to restore the overvalued dollar.

(End of this chapter)