Rebirth 1983: Building My Business Empire
Chapter 345 - Chapter 345 Chapter 334 Huge Profit

Chapter 345: Chapter 334: Huge Profit Chapter 345: Chapter 334: Huge Profit On October 1st, Lu Jiaxin met with Wu Ziyue at noon. According to their agreement, Wu Ziyue had already sold all of her previous purchases in the morning.

With 30 million greenbacks of principal and a 30-fold leverage, the exchange rate had fallen by 10.5% compared to when she bought in, which resulted in a profit of 94.5 million greenbacks. Adding the principal, that made 124.5 million greenbacks. The financial tax in Hong Kong is ten percent, and there are also various fees and commissions to consider, so the total comes to about 110 million greenbacks.

She had earned more than she had expected, so she said, “Manager Wu, I want to continue to buy in. 100 million greenbacks with ten times the leverage.”

Both parties signed a letter of intent and Wu Ziyue couldn’t refuse, so he swiftly signed a contract with Lu Jiaxin and then said, “Miss Lu, if there’s such an opportunity in the future, we can collaborate again. In business, it’s good for you, good for me, good for everyone, don’t you agree?”

Lu Jiaxin understood the implication behind his words and nodded with a smile, “I made my decision based on information I gathered from various sources and then made my own deductions. Next time might not be as accurate. If you don’t find my approach too aggressive, I also hope we can have more extensive cooperation in the future.”

Wu Ziyue remembered his words when she took such high leverage to short sell, thinking at the time that she had been very aggressive, but now it felt more like she had everything under control.

After settling this business, Lu Jiaxin withdrew one hundred thousand greenbacks and left. It was not only people from the Mainland but also Hong Kong people and those from other countries who liked greenbacks, as they had become hard currency.

Lu Jiaxin gave Gu Wenfeng ten thousand greenbacks and said, “Hire a private detective to keep an eye on He’s Jewelry and inform me immediately if there are any issues.”

The greenback to Hong Kong Dollar exchange rate was fixed at 1:7.8, so ten thousand greenbacks equated to seventy-eight thousand Hong Kong Dollars, a very sincere price in a place like Hong Kong where the average salary was only three to four thousand.

“Alright.”

On Friday, after school, Lu Jiaxin returned to the villa and made a phone call to He Bin, “Mr. He, it’s me, Lu Jiaxin. I have a favor to ask of you.” “You’ll be free tomorrow, right? Alright, then we can meet and discuss it tomorrow.”

The next day, just after nine o’clock, He Bin arrived. Dressed in a sharp grey suit and sporting a well-groomed back hairstyle, he looked nothing like his previous appearance at the Guh Residence. Hmm, that might be because Guh Xiuxiu is old-fashioned, which is why he also dressed in an old-fashioned manner when he appeared at the Guh Residence before.

Lu Jiaxin said with a smile, “Mr. He, you seem even more spirited than the last time we met.”

He Bin quickly demurred, “Miss Lu, may I ask what you want to see me for?”

Lu Jiaxin stated her request, which was to buy two residences in the Forty-nine City on her behalf, one large and one small: “For the larger one, it should have two courtyards. If it can come with a rear garden, that would be best, but it’s not mandatory; the smaller one just needs one courtyard and no backyard. Both residences should be within the same alley and located in a convenient area with good transportation.”

It was because He Bin had previously purchased a five-courtyard residence that perfectly matched her taste. Lu Jiaxin believed that if she entrusted him to buy properties, he would definitely be able to find something that met her requirements.

He Bin asked, “Miss Lu, may I ask whom these residences are for?”

Previously, when he managed the properties for Guh Xiuxiu, his monthly income was quite significant. However, after He Zhuliang sold off those properties, his business volume had reduced by two-thirds, and his income took a sharp dive.

Lu Jiaxin explained, “The residence with two courtyards is for my older brother’s family. There are eight people in his household, including the elderly and children, so they need the space to live comfortably. The smaller one is for my father; he lives alone and will have more than enough room in a single courtyard residence.”

“Miss Lu, what is your budget?”

Now flush with foreign exchange earnings, Lu Jiaxin was no longer as financially constrained as before, “As long as it meets the requirements I mentioned, price is not an issue.”

He Bin was astounded, well aware that Lu Jiaxin had been quite frugal when she first came to Hong Kong. Her newfound generosity suggested one thing–had she struck it rich?

Lu Jiaxin pointed to Zhang Sining and said, “This is my personal secretary. She has never been to the Mainland before. Mr. He, I hope you can take her with you to the Mainland this time, so she can become familiar with it.”

The expenses were all covered by Lu Jiaxin, so naturally He Bin had no objection, “Miss Lu, there are many antiques in the Forty-nine City. I remember you like calligraphy and porcelain. If you trust me, I can help you collect calligraphy and porcelain.”

He had always felt that Lu Jiaxin was not an ordinary person, but because of his own status, he didn’t dare to get too close to the Lu Family, to avoid any misunderstanding by the old lady. He hadn’t expected that in just over a year, she would rise so quickly. Now, without worries, he wanted to take a gamble! Winning meant grasping a great opportunity, and losing meant no real loss.

Lu Jiaxin had a very good impression of him. He had professional ethics, acted appropriately, and crucially, he had the social skills and tact, “I do like calligraphy and porcelain, but these items are often hard to verify as authentic, and it’s easy to be fooled.”

He Bin assured her he would hire experts to scrutinize the items, guaranteeing no mistakes.

Lu Jiaxin smiled and said, “If you come across a rare treasure, go ahead and acquire it, but forget about the ordinary ones. Mr. He, after the residence is purchased, I have another important matter to entrust to you.”

Zhang Sining suddenly felt a sense of crisis. These were tasks she should be handling as a personal secretary, but because she was not familiar with the Mainland, the boss had sought Mr. He’s help. She felt the need to improve herself quickly–not only learning Mandarin but also getting a quick grasp of the local environment during her trip to the Forty-nine City.

He Bin, who was looking to cling to her coattails, was only too eager when he saw that she had more tasks for him.

In the afternoon, Nie Zhan came to take Lu Jiaxin for Italian cuisine.

Seeing his triumphant look, Lu Jiaxin asked with a smile, “You made quite a bit this time, didn’t you? Let me guess, did you earn thirty million greenbacks?”

Holding her hand, Nie Zhan said with a smile all over his face, “Not as much, just over twenty million. Jiaxin, what do you want? I’ll buy it for you.”

“How much capital was it?”

“Fifty million in capital, with a leverage of five times.”

Lu Jiaxin couldn’t help but feel envious. She had made money by getting in early, but Nie Zhan had done it through his own contacts and intelligence. Alas, it really seemed that the rich got richer while the poor got poorer.

“So you’ve cashed out, you’re not buying any more?”

Nie Zhan said with a smile, “I’ve sold everything on the Hong Kong side, but I’m continuing to buy in New York. I think the Japanese Yen will keep rising, just not by as much as before.”

Lu Jiaxin thought to herself, this time your prediction is wrong. The greenback/Japanese Yen will fall from the all-time high of 1:240 to around 1:120 within two years, and then will continue to drop further, with the lowest point reaching 1:80. Therefore, she would treat this as a long-term investment, but she wouldn’t rush in anymore as she had in the past.

Nie Zhan said, “I said last time that I would buy you jewelry, and these days I’ve been too busy to go shopping with you. Let’s go buy something tomorrow.”

Lu Jiaxin declined, “I haven’t exercised in a long time; let’s play tennis tomorrow.”

Nie Zhan was insistent this time, “We’ll go shopping first and then play tennis. Jiaxin, Feng Qinglei keeps saying I’m stingy; after dating for so long, I’ve only given you a car. Let me have a chance to show off.”

Lu Jiaxin agreed with a joyful smile.