Reborn Capital Tycoon

Chapter 105 What's it like to get rich suddenly?

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Chen Yi was so flattered in his heart, it wasn't because Wu Qian was flattered and played tricks on her, but because of this cooperation with Bandai, the first order amount exceeded six million.

If the other party is a big company, there is no hesitation in taking out these several million, and this is just the beginning, used to test the water.

Bandai seems to have great confidence in the Rubik's Cube toys, and is not afraid of being in vain at all, but compared to the island country's market, a million Rubik's Cubes is really not much.

According to Chen Yi's ex-factory price, the ex-factory price of ordinary Rubik's Cube is 3.5 yuan, which is more than double that of Xiangjiang's. Rubik's Cube without stickers costs 6 Yuan each. Bandai also bought back the Rubik's Cube recovery formula.

The total amount of the first order is 6.75 million Hong Kong dollars, which is more than 1.3 million in US dollars.

For this, Chen Yi thought that he was very conscientious, and he definitely paid for it. Based on the current consumption level of the island country, Bandai will increase the price of Rubik's Cube toys by two or three times, and there will be no problem at all.

As a tax-free port, Xiangjiang has no miscellaneous taxes. It is not too sour to start a company here.

Now Hong Kong dollar and US dollar exchange rate is 1:5.085.

The Hong Kong dollar was originally pegged to the British pound, but after World War II, the economic strength of the United Kingdom continued to weaken, and the British pound once depreciated sharply, which in turn affected the economic development of Hong Kong.

Therefore, in June last year, the Hong Kong Governor's Office decided to change the Hong Kong dollar to be pegged to the U.S. dollar, while the British pound adopted a free-floating model to avoid Hong Kong's economy being affected by the United Kingdom.

With the decoupling of the British pound, the exchange rate between the Hong Kong dollar and the US dollar has changed from 1:5.65 at the beginning to 1:5.085 this year, and the Hong Kong dollar has appreciated by 0.565.

Regardless of the change of just a few cents, for Hong Kong, which is in line with international standards, the change of a few cents is very different, and the Hong Kong dollar has appreciated by nearly 10%.

10% appreciation, too little money, may not be able to intuitively feel, let's change the way, let everyone experience it.

For example, if you have ten dollars, due to currency appreciation, the value has appreciated by 10% in a few months, and then it becomes eleven dollars.

I don't feel much for an extra dollar.

But if ten yuan is exchanged for one billion yuan, the currency appreciates by 10%, one billion becomes 1.1 billion, and an extra 100 million is created out of thin air, doesn't it feel like a pie in the sky?

If you were a person worth tens of billions, if you didn’t do anything for a few months, you would have an extra billion just lying at home.

Just ask if you are happy, just ask if you are happy?

For the same reason, things are reversed.

Currency depreciation, ten yuan, depreciation by 10%, then only nine yuan is left.

For ordinary people, one yuan less makes no difference, and no one has the spare time to worry about that one yuan.

But for rich people, if ordinary people lose one dollar, compared with their wealth, they will lose 100 million, 1 billion, or even more.

Why do people say that the richer they are, the more troubles they have.

When the amount of money reaches a certain level, what everyone thinks is not wealth growth, but how to prevent their wealth from depreciating too quickly.

The importance of currency to a country and a region is needless to say. The future bubble crisis in island countries will be caused by the loss of currency control.

Currency rises and falls in an orderly manner, which works best for the market. Blindly rising and falling will break the economic development of a country and region.

Regarding the exchange rate between the US dollar and the Hong Kong dollar, Chen Yi only knew that next year as the oil crisis spread across the world, the Hong Kong dollar pegged to the US dollar would become free floating again.

The real link between the Hong Kong dollar and the U.S. dollar was in the 1980s. Due to the crisis of confidence in Hong Kong caused by the future of Hong Kong, the exchange rate of the Hong Kong dollar fell sharply. In 2009, several global crises did not shake the exchange rate between the Hong Kong dollar and the US dollar.

In other words, when the Hong Kong dollar is not really pegged to the US dollar, it is best not to keep too much cash in your hand, because you don't know that your money will suddenly shrink on that day.

As for whether the Hong Kong dollar will rise or fall in the future, Chen Yi is not very clear about the specific detailed data, and none of the later generations of Hong Kong writers are so bored as to write the annual currency exchange rate into their novels.

Therefore, Chen Yi's idea is very simple, that is to spend the money.

The oil crisis is still a few months away. What he needs to do now is not to put money in the bank and put it into the stock market when the oil crisis comes.

Money in the bank will only get less and less, not more and more.

He wants to use the money in hand to expand the company's scale and increase the value of its subsidiaries.

In Xiangjiang, there are not many other things, but there are so many banks. As long as you have something valuable, it is very easy to get a loan.

Think about it, when he took over the Dafeng Toy Factory before, how much money did Hang Seng Bank agree to lend him?

Later, with the launch of the Rubik's Cube toy, the 3 million loan was obtained in a blink of an eye.

Next, when the Rubik's Cube toys are sold in the island country, Bandai's second and third orders come in, and there will be no problem borrowing 10 to 20 million at that time.

Money cannot be kept in hands, it must be spent.

When Bandai's payment arrives, Chen Yi will further expand Dafeng Toys Factory and speed up the storage of Rubik's Cube toys.

An island country market is not enough, and then there are European and American markets. According to the sales volume of Rubik's Cube toys in the previous life, the annual sales are at least tens of millions.

He needs to make full use of the next few months to expand the scale of Dafeng Toys Factory as much as possible, and at the same time sell Rubik's Cube toys all over the world to increase the valuation of Dafeng Toys Factory.

For a company, investors look at its potential and revenue and profit. A company with high potential and high revenue and profit has a high valuation.

Valuation, while not the actual value of a company, enables a company to make reasonable loans to banks.

Of course, market value is more convincing than valuation.

However, given the current situation of the Xiangjiang stock market, Chen Yi would only choose this time to list the company unless he was out of his wits.

At this time of the market, one enters and one dies.

If it was a year in advance, he might be determined to harvest a wave of leeks.

But, unfortunately, the best time to harvest leeks has passed.

Entering the market at this time is not harvesting leeks, but being cut off by others as leeks.

Dafeng Toys Factory has already made plans, but I don’t know how Miss Li’s side is. If he can buy a large-scale clothing factory, then he can use the next few months to double the value of the clothing factory. Several times.

In this way, when the oil crisis hits, he will have more funds to borrow.

Many people in later generations fantasized about getting rich overnight. In his previous life, Chen Yi never had the idea of ​​getting rich because he was a rich second generation and had a house in his family.

Now, he really wants to try, what kind of feeling is it like to get rich overnight in the legend.

I don't know if I will be so excited that I will have a heart attack, myocardial infarction and blockage...

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