After receiving the Hong Kong dollar issuance right, Tianxia Finance immediately submitted US$100 million to the Hong Kong Administration in exchange for the issuance right of HK$780 million.

In fact, issuing Hong Kong dollars itself is not profitable. Because the exchange rate between the Hong Kong dollar and the US dollar is fixed, it is 7.8 to 1, and 7.8 to 1, 7.8 to 1. The bank has to submit an equal amount of US dollars to the steward at the exchange rate to the steward. In fact, there is no oil or water in the middle.

The reason why it is still so attractive is mainly because of the halo effect.

Just like the reason why luxury goods have a noble status and are widely sought after by beauty lovers is that they were first supplied to royal nobles. This halo effect has attracted people to buy it.

If Tianxia Finance obtains the right to issue Hong Kong dollars, it is equivalent to temporarily taking over the central bank. In people's mindset, the central bank will not go bankrupt. A bank that will not go bankrupt or goes bankrupt is naturally worthy of the trust of customers.

However, summer plans are more than that.

Not only does he use the Hong Kong dollar issuance right to be the company's "mascot" and "guardian saint", he also wants to use it to do a big deal. The so-called big deal is virtual currency.

There are many types of virtual currencies, common ones such as game coins, q coins, Bitcoin, etc. These virtual currencies are said to be valuable and valuable, and they are said to be valuable and valuable.

Because no matter how much virtual currency you have, you may not be able to buy a steamed bun in real life. In the virtual world, virtual currency may be worth a thousand gold, and you can even buy a car or a property.

The reason for this is that virtual currencies lack endorsement from financial institutions, making their value difficult to gain mainstream recognition.

But now he has obtained the Hong Kong dollar issuance rights in the summer, and the status of Tianxia Finance is similar to that of the central bank. At the same time, he also has a virtual payment software Tianxia Wallet and various stores in Hong Kong, so he has a deep soil for issuing virtual currencies.

He can use the Tianxia Group to issue virtual currency. After users purchase virtual currency with cash, they can use it to purchase Tianxia Group's services, such as clothing, gas, electricity, electronic products, etc.

Because of the endorsement of Tianxia Finance, the acceptance of this type of virtual currency will be very high. At that time, once this virtual currency is circulated, even if it only accounts for one percent of the money market, the profits in summer will be unlimited.

...

Hong Kong dollars were soon printed by the Hong Kong Money Printing Office and then put into the market.

Because this is the first batch of Hong Kong dollars issued by Tianxia Finance, it is quite rare, so many currency enthusiasts buy it as soon as possible and prepare it for collection.

In order to satisfy these currency enthusiasts, Tianxia Finance specially launched 10,000 sets of full-version Hong Kong dollars for collection, including banknotes with denominations of 20 yuan, 50 yuan, 500 yuan, 1,000 yuan, etc. As for coins and ten yuan notes, the Hong Kong government is responsible for issuing them. Since it is used for collection, the price is naturally more expensive, which can make Tianxia Finance some money.

As for other non-complete currencies, they enter the market through various channels, such as depositor withdrawals, loans, merchant capital transfers, bank lending, etc.

In addition to issuing physical currencies, Xia Tiantian also grandly introduced Tianxia Wallet in Hong Kong to take the opportunity to promote its own virtual payments and virtual currencies.

Any customer who owns a smartphone can download the Tianxia Wallet app from the app store or the Internet, and then exchange Tianxia coins to purchase Tianxia Group's services, such as electronic products, communication fees, cable TV fees, gas fees, electricity fees, clothing fees, movie tickets, etc.

Because Tianxia Coin can be discounted and enjoy various discounts, Tianxia Coin welcomes many customers for a time, and the daily exchange volume is around one million Hong Kong dollars. Although it is not too much, there is always a time for things to popularize.

When people are accustomed to using virtual payment and using Tianxia Coin to pay, it is time to make a fortune in summer. Because Tianxia Coin is a virtual currency, the manufacturing cost itself is minimal.

Its value is completely supported by the Tianxia Group. The current market value of Tianxia Group is around HK$1 trillion, so it can support a worth of trillions of virtual currencies, and even more.

If you invest so much money and then issue virtual currency... As long as the Tianxia Group fails to collapse for a day, the industry in summer will grow bigger and bigger like a snowball. At that time, not to mention British consortiums, even companies that can match it in the world will be very few.

...

After solving the problem of Hong Kong dollar issuance rights, Xia Tian breathed a long sigh of relief and felt that he had fulfilled his wish.

After finishing this matter, Xia Tian also decided to take a break. Because he worked hard these days, he felt very hard, so he wanted to cultivate for a while and think about how to go in the future.

The so-called tree wants to be quiet but the wind does not stop. Just when summer is about to go to Hawaii with Wang Qixian, Xia Ding, Xia Xi and his family of four to enjoy the sunshine and beach, there are some things in the United States waiting for him to point out.

It turned out that after more than two months of investigation, the US Securities Administration had a rough understanding of Enron's situation. According to their investigation, Enron's total assets were about US$49.8 billion, and the total liabilities accumulated was US$31.2 billion.

Over the years, Enron has forged revenue and profits through related transactions, which has caused the company to suffer huge losses, but it is reflected in the accounts.

The former senior executives of Enron knew the company's problems, but they not only did not correct them but participated. Kenneth Reskin, the former chairman of Enron, sold his stocks and cashed out $160 million, and Kenny Adams, the company's vice president, received $45 million in dividends through false transactions. Hugh Sterling, the company's energy minister, greed for nearly $25 million in public funds when acquiring overseas assets...

Overall, the senior executives of Enron Company are simply terrible. Moreover, they do not have the courage to take responsibility, but instead they fled overseas to enjoy their fortunes before the conspiracy was revealed. It is really outrageous to think about it!

In comparison, because the company is now forced to liquidate, its nearly 20,000 employees can only receive about $4,000 in severance expenses, and their medical insurance, pensions, pensions, etc. are worth $6 billion in total, and now they are gone.

JP Morgan Investment Bank lent Enron $500 million interest-free loans, and Citibank also lent Enron $500 million. Now, due to the company's liquidation, the loan is likely to be unable to be fully recovered.

After the news was exposed, the stock prices of both companies fluctuated.

For summer, the most valuable thing is that Enron's high-quality assets, such as power plants, natural gas fields, communications companies, forestry resources, water companies, etc., are of great investment value.

—>3/3`Small "`Say`net m. 江。

江。

x/o—m mobile terminal (sansanwang
Chapter completed!