wavenovel Chapter 128 Going to Hong Kong
Chapter 128 Going to Hong Kong
It was six o'clock in the morning, and it was still dark.
Ling Yun drove to An Shiyu's apartment building. She was already waiting at the entrance, wearing a beige coat and a scarf wrapped tightly around her neck.
"So early." Ling Yun got out of the car.
"I promised to give it to you." An Shiyu's eyes were still a little swollen, as if she hadn't woken up yet.
Zhao Hu stood beside the car, carrying two suitcases. He was wearing a dark gray suit he had bought yesterday, which fit him perfectly.
"This is Zhao Hu, my driver and assistant," Ling Yun introduced.
An Shiyu nodded: "Hello."
Zhao Hu bowed slightly: "Hello."
Get in the car. Zhao Hu drives, and Ling Yun and An Shiyu sit in the back seat.
The journey to the airport was quiet. An Shiyu held Ling Yun's hand.
"It's Valentine's Day," she said softly.
"I'll come back and make up for it," Ling Yun said.
"You said it."
"Um."
Upon arriving at the airport, I checked in and checked my luggage. It was still early.
The three sat in the waiting area. Zhao Hu sat a little further away to give the other two space.
"How many days?" An Shiyu asked.
"About ten days. It depends on the situation."
"They call me every day."
"it is good."
An announcement was made that boarding had begun.
An Shiyu stood up and hugged Ling Yun.
"be safe."
"Know."
She whispered in his ear, "Come back soon."
"Um."
When she loosened her grip, her eyes were a little red.
Ling Yun patted her on the back: "Let's go."
He turned around and walked towards the security checkpoint with Zhao Hu.
Turning around, An Shiyu was still standing in the same spot, waving.
The plane takes off.
First class was not crowded. Zhao Hu sat by the window, looking outside.
Lingyun opened a document. It contained economic data from several Southeast Asian countries.
Zhao Hu sat upright with his hands on his knees.
"Mr. Ling, what exactly will I be doing after I arrive in Hong Kong?" he asked.
"Follow me. Pay attention to your surroundings and remember the way. At other times, observe more, listen more, and speak less."
"clear."
The plane flew smoothly, and Lingyun closed his eyes to rest.
Two hours later, we landed at Hong Kong Kai Tak Airport.
After getting off the plane and collecting my luggage, I saw someone holding a sign at the exit that read, "Please pick up Mr. Lingyun."
He was a young man wearing a suit.
"Mr. Ling, I am Mr. Li's driver. The car is outside."
"it is good."
The black Mercedes was in excellent condition. "Let's go to the company," Ling Yun said.
"Yes."
The car drove out of the airport. Hong Kong's streets are narrow, traffic is heavy, and skyscrapers stand tall, with GG signs piled up one after another.
The car arrived at an office building in Central. It was over thirty stories high and had a glass curtain wall.
"We've arrived," the driver said.
Take the elevator to the 18th floor. The elevator doors open, and a sign hangs at the entrance: "Yuanhang Capital Management Co., Ltd."
The receptionist stood up: "Mr. Ling, Mr. Li is waiting for you in his office."
Upon entering the office, I found Li Ziyu sitting on the sofa making tea. He was wearing a light gray suit and his hair was neatly combed.
"Mr. Ling, welcome to Hong Kong." He stood up and shook hands.
"Mr. Li, you're too kind."
The two sat down. Li Ziyu glanced at Zhao Hu.
"Who is this?"
"Zhao Hu, my assistant."
Zhao Hu nodded and stood to the side and behind Ling Yun.
"Sit down," Li Ziyu said.
Zhao Hu sat down on the single sofa next to him, his back straight.
Li Ziyu brewed tea with practiced ease.
"The company registration was completed before the Lunar New Year. As per your request, there are six companies in total. Three are in Hong Kong, two in the Cayman Islands, and one in the British Virgin Islands."
"Where's the funding?"
"I contributed five million US dollars, and a few friends chipped in another five million. That makes a total of ten million, which has already been distributed to the various company accounts." Li Ziyu handed over a document. "This is the account statement."
Lingyun opened the book. Each company had different amounts listed, ranging from 800,000 to 2 million.
Are the registration documents complete?
"All of this is complete. The shareholders and directors are all professional nominees, so we can't be traced."
"it is good."
"When will the operation begin?" Li Ziyu asked.
"No rush. Let's observe first. The Southeast Asian market appears prosperous on the surface, but it has many problems. The external debt ratio is high, the exchange rate is inflated, and the bubble is too big."
"Do you think it will collapse?"
"It definitely will. It's just a matter of time." Ling Yun closed the file. "What we need to do is wait for the collapse, then enter the fray and reap the rewards."
"How exactly do we do it?"
Short selling. Shorting the Thai baht, Indonesian rupiah, and Malaysian ringgit. Shorting the stock market.
"What about the risks?"
"The risk is misjudging the timing or excessive government intervention," Ling Yun said. "Therefore, we need to build positions in stages and diversify our operations. Seven companies, different strategies, and different timings."
Li Ziyu nodded.
"What do you need me to do?"
"Stabilize funding. Also, gather information—from banks, governments, and businesses—anything that could potentially impact the market."
"I'm good at this," Li Ziyu laughed. "I know Hong Kong well."
"What about Thailand?"
"I have a friend in the real estate business who knows the inside story."
"Stay connected."
Zhao Hu got up, walked to the window, looked downstairs, and then sat back down.
His movements were natural, but Lingyun knew he was observing his surroundings.
"This guy is very professional," Li Ziyu said.
"From the military."
No wonder.
After chatting for a while, Lingyun stood up.
"I'll go to the hotel first. I'll give you the detailed plan tomorrow."
"it is good."
Li Ziyu escorted them to the elevator. "Want to have dinner together tonight?"
"Tomorrow, I'm tired today."
"it is good."
As they descended the stairs, Zhao Hu asked, "President Ling, where are we going?"
"Let's find a hotel first."
I hailed a taxi to Kowloon Shangri-La.
Arrive at the hotel and check in. Suite, two bedrooms.
Zhao Hu inspected the room: windows, door locks, wardrobe, and bathroom.
"Safe," he said.
"You don't need to report these things anymore," Ling Yun said. "As long as you feel safe, that's fine."
"Yes."
Lingyun called An Shiyu.
"arrive."
"Did it go smoothly?"
"smoothly."
"How's Hong Kong?"
"bustling."
"Take a rest."
"it is good."
After hanging up the phone, Lingyun stood by the window looking at Victoria Harbour.
The seawater was murky, and ships came and went. Across the water was Hong Kong Island, densely packed with high-rise buildings.
In 1997, Hong Kong was just a few months away from being returned to China.
A financial crisis is coming soon.
Zhao Hu was packing his luggage. He hung up his clothes and polished his leather shoes.
"Mr. Ling, what do you need me to do tonight?"
"No need. You can rest in your room, or go out for a walk and get familiar with the surroundings."
"I don't need to rest."
"Then let's go out for a walk. Remember the routes, landmarks, and the location of the police station."
"Yes."
"Bring some Hong Kong dollars." Ling Yun took out a stack of thousand-dollar Hong Kong dollars from his wallet. "For food and taxis."
Zhao Hu accepted it: "Thank you, President Ling."
Call me Lingyun.
"Yes, Mr. Ling."
Ling Yun smiled.
"Go ahead. Be back before 10 p.m.
Zhao Hu left the room.
Lingyun opened his laptop and began writing an operation plan.
To short the Thai baht, the first step is to borrow baht from a Thai bank through a Singaporean company. The second step is to convert the borrowed baht into US dollars. The third step is to wait for the baht to depreciate, then use fewer US dollars to buy back the baht to repay the loan. The difference in exchange rate is the profit.
Key points: timing of borrowing, timing of redemption, timing of repayment.
There's also leverage. You can use futures and options to increase leverage.
Risks: The Thai government may raise interest rates, intervene using foreign exchange reserves, or implement capital controls.
It is necessary to operate in multiple accounts simultaneously through multiple companies to avoid being targeted.
I wrote for two hours, and then it got dark.
Zhao Hu is back.
"President Ling, I'm back."
"Have you got a meal yet?"
"Not yet. I'll go buy it."
"No need. Just call room service."
During the meal, Zhao Hu sat upright and used his knife and fork skillfully.
"Did you learn this in the military?" Ling Yun asked.
"I've taken etiquette classes."
"Good."
After finishing his meal, Ling Yun continued working. Zhao Hu watched TV, keeping the volume very low.
At 10 o'clock, Lingyun turned off the computer.
"Going to sleep. Going to see a few people tomorrow."
"What do you need me to prepare?"
"Suit, look smarter."
"Yes."
They each returned to their rooms.
Ling Yun lay in bed, thinking about tomorrow's plans.
Outside the window, Hong Kong's night view is dazzling.
This is a city that never sleeps, and also a huge casino.
He was already at the card table.