Rebirth 1983: Starting From Taking Back the Family Property Chapter 373

Chapter 373 Withdrawal of funds

 After dinner, Su Heyuan sent Susan home. On the way she said, "Sister, it's actually a good thing for me that you stay. But the opportunity is rare. I'm afraid you will regret it?"

“Miss Lu just opened a store, why are you so optimistic about it?”

Su Heyuan said with a smile: "Compared to finance and real estate business, clothing companies are not very profitable, but she gave up real estate business to open a clothing store. Do you know why?"

"Why?"

Su Heyuan explained: “Because she likes it, she is willing to spend energy and financial resources to do it, and she will definitely do it well.”

 In fact, he wanted to invest in the shares, but he knew Lu Jiaxin would not agree, so he didn't say anything.

Susan asked again: "Did you just say that Miss Lu gave up the real estate business? This real estate business is not that easy to do. My father and eldest brother also invested in it before and lost money."

Su Heyuan meant that Lu Jiaxin opened a real estate company, but Susan thought he was talking about investment, but he did not explain: "With Nie Zhan here, you can't lose money even if you want."

Susan also thinks so after thinking about it.

 She asked her husband's opinion when she went back. His husband was against her going to Lu Jiaxin's place. After all, Lu Jiaxin only opened a store, while Chery was a company with annual profits exceeding tens of millions.

After careful consideration, Susan decided to join Lu Jiaxin's team. First, Lu Jiaxin is very keen on fashion and has talent in this area; secondly, Xu Yue is quite famous in the industry. She gave up joining a big company and worked with Lu Jiaxin because she must have felt that the future is better; thirdly, the most important thing is that , that's what Su Heyuan said. The two have worked together for so long, and she knows that Su Heyuan is not an empty talker.

 Seeing that Susan did not listen to her, her husband was very angry, and the couple had a quarrel. However, this did not change her mind, and she still gave Lu Jiaxin a positive reply the next day.

Lu Jiaxin said with a smile: "Then hand over as soon as possible and then come over."

She didn't want to make herself too tired, so she only planned to focus on the general direction of Green Forest. Xu Yue was responsible for agency rights and product selection, and the company's operations were planned to be left to Susan.

Susan brought up her deputy, and within three days the handover was completed and he was reported to Lu Jiaxin. At this time, Xu Yue had already taken care of celebrity endorsements, and she was responsible for subsequent filming and publicity. These were her strengths and she quickly got started.

 On the first night of filming, Susan went over to report to Lu Jiaxin, but was interrupted before she could say a few words. Lu Jiaxin said: "Since I leave these things to you, I don't need to report everything. Sister Su, I only look at the results. You decide the process and I will not interfere. You have been working in this industry for almost twenty years, I believe in your vision." and ability.”

Susan was stunned. After a while, she nodded and said, "I understand."

  Lu Jiaxin said: "I have transferred three million to the Green Forest account. Sister Su, our advertisements must be on TV, clothing magazines, buses and stop signs."

Susan didn't expect her to be so generous: “Boss, this kind of publicity will cost a lot.”

"You don't have to think about money. Just make a budget and give it to me. By the way, if you know anyone who has publicity talents, you can hire them." Susan's mood dropped, and she agreed with a smile. He Yuan said that he would regret not following Miss Lu, and she now agrees with this. The boss is not only very keen on fashion, but also has a lot of money and is willing to spend money. The store will definitely become popular.

 After sending Susan away, Lu Jiaxin calculated the working capital on hand. Starting from January, the down payment plus tax for buying a villa has cost 17 million Hong Kong dollars. The expenses for acquiring the real estate company and taking over have been more than 48 million Hong Kong dollars. The Green Forest store rental and agency fees have now exceeded 500 Hong Kong dollars. Wan, Gu Zhai and herself spent more than four million in the past six months.

 Through this calculation, nearly 10 million green coins have been spent, and there are still about 13 million on hand. But next she plans to buy a high-quality property, but this money is not enough.

 The next morning, Lu Jiaxin called Wu Ziyue and asked him how much the green coins/yen were now. I heard that the current exchange rate is 50% lower than before the agreement. Compared with the exchange rate when Lu Jiaxin bought it for the third time, it has fallen by 30%.

At that time, it was bought with 50 million green coins, using ten times the leverage, which means another 150 million green coins were made (excluding tax and handling fees); in addition, Standard Chartered and HSBC each bought 5 million green coins without using leverage. In total, she earned 3 million green coins; the principal plus profit in Hong Kong City was 213 million, excluding taxes, fees and commissions, and she got more than 187 million; she transferred 80 million to Nie Zhan and earned 240 million green coins. The total amount is 320 million green coins. Lu Jiaxin doesn't know yet how much the taxes, fees and commissions will be. She will ask Nie Zhan about this later. This does not include the 20 million green coins spent on buying stocks, which has also increased a lot in the past six months.

 After finishing the calculation, Lu Jiaxin was very satisfied. The first goal, financial freedom before the age of twenty, had been achieved. Next is the second goal, to establish my own brand before the age of twenty-five. She feels that this goal can be achieved in less than five years.

Wu Ziyue heard her say that she wanted to close the position and immediately agreed. He had already made a lot of money from this decline, and it was wise to know how to close when the situation is good.

 Lu Jiaxin did not give up when the situation was good. She remembered that the green dollar/yen exchange rate more than doubled within two years, and is now only 50%. She can still make money by continuing to short. However, the decline cannot be so large, and there will definitely be fluctuations.

 After thinking for a moment, Lu Jiaxin said: "Manager Wu, I want to continue short selling. The principal is 50 million and the leverage is five times. I should have an order to do it, right?"

Wu Ziyue thought about what she said when she bought short that the Green Coin/Japanese Yen would continue to fall in the next year, and said with a smile: "Yes, you can buy them all."

Hearing this, Lu Jiaxin thought for a moment and said: "Since there is an order to make, then buy it for 100 million, which is five times the leverage."

Wu Ziyue smiled and nodded in agreement, and said: "When the market opens tomorrow, I will help you close your position first, and then help you buy it."

 “Okay.” Lu Jiaxin said. Tomorrow she would transfer the money from her account and then discuss the purchase of property with Tan Gang and He Bin.

As for Nie Zhan, he didn't call. The two of them had made an appointment to have dinner together at noon, and then they went on a date. Couples still need to meet and date frequently, so that their relationship will become deeper and deeper. Not seeing each other for a long time, spiritual platonic love only exists in movies and novels, but in reality it basically ends in breakup.

During lunch, Lu Jiaxin expressed her thoughts: "After closing the position, I will leave another 100 million to continue buying. According to the five times leverage you mentioned before, I plan to hold this until the end of the year."

Nie Zhan didn't give any more advice. He made three times his profit this time, so leaving 100 million to continue short selling was no longer a risk: “Okay, can we transfer the rest of the money back?”

Lu Jiaxin shook his head and said: "Leave half of it over there. I'm going to open a few accounts on Wall Street. This will make it easier to buy stocks or speculate in foreign exchange."

Before, there was no way. She couldn't open an account in any country when she was underage. It was better to ask Nie Zhan to help buy it than to ask others for help. Now that she is an adult and does not have this restriction, she does not want to trouble Nie Zhan anymore.

Chapter end