Chapter 192: The financial crisis broke out completely, sweeping across Asia!
Today, Universal Finance is definitely the No. 1 financial giant in Asia, with more than 200 billion in private equity alone.
There are more than 2,000 employees, all of whom are top students from prestigious universities. Those who can enter Universal Finance are not mediocre.
There are thousands of resumes submitted to Universal Finance every year. This is the company that all top financial students dream of entering.
And today, Universal Finance is on high alert, and everyone is excited and enthusiastic.
Although Lin Changqing, the executive president, looks normal, he is also very excited.
Since the shorting of the island country, Universal Finance has not made any major operations.
After several years, the opportunity has finally come, and the amount of money used this time is unprecedented.
There are large screens around the office floors, and the news on them is about the Kingdom of Thailand.
When I saw the news that the Kingdom of Thailand announced that it would abandon the fixed exchange rate system and implement a floating exchange rate system.
Everyone was shocked and subconsciously looked at the man who was holding a cigar and watching the big screen.
The boss guessed right again. Taiguo actually gave up the fixed exchange rate system as he said.
Every year, new people join Universal Finance. The fittest survive and those who stay are the elites among the elites.
As for those who joined Universal Finance since its establishment, more than 200 people stayed.
These people are either the team leaders of Universal Finance or the fund operation managers.
These old employees are a little dazed. The gold and oil bosses were also amazing operators.
Commanding them in the futures market, they won every time.
Everyone was fanatical and looked at Ye Haochen, who was puffing smoke, with admiration.
"Act according to the plan."
Lin Changqing was also very excited. He watched the big screen jump to big data and then spoke in a deep voice.
As soon as the words fell, the employees present were busy like soldiers on the battlefield.
Everyone had their own tasks and everyone had funds to operate.
Ye Haochen did not speak. The financial crisis in 1997 was a major financial event.
There have been only a few financial crises in history. This financial crisis was not the biggest, but it was not small.
Funds poured into Taiguo, not just Huanyu Finance.
International speculators always have the keenest sense of smell, and they all took action.
There are about 7 trillion US dollars of international capital in circulation worldwide today.
Once international speculators find that there is a profit in a country or region, they will immediately impact the currency of that country or region through speculation to make huge profits in the short term.
Taiguo announced that it would abandon the fixed exchange rate system. This is just the outbreak point of this financial crisis.
.The foreign exchange policies of some Asian countries are inappropriate.
In order to attract foreign investment, they maintained a fixed exchange rate on the one hand and expanded financial liberalization on the other, providing an opportunity for international speculators.
For example, the TaiBefore the country's financial system was straightened out, the regulation of the capital market was lifted in 1948-092, making the flow of short-term funds unimpeded, providing conditions for foreign speculators to speculate on the baht.
In order to maintain a fixed exchange rate system, these countries have long used foreign exchange reserves to make up for the deficit, resulting in an increase in foreign debt.
The foreign debt structure of these countries is unreasonable. In the case of more medium-term and short-term debts, once the outflow of foreign capital exceeds the inflow of foreign capital, and the country's foreign exchange reserves are not enough to make up for the shortfall, the depreciation of the country's currency is inevitable.
No country in Asia can escape this financial crisis.
He is now somewhat curious whether Soros will come to short Hong Kong Island at that time.
Universal Finance has cooperated with Soros and shorted the country of Korea together.
On that day, the exchange rate of the baht to the US dollar fell by 17%, and the foreign exchange and other financial markets were in chaos.
Under the influence of the baht's fluctuations, the Philippine peso, India, and Malaysia have become the targets of international speculators.
It was very crazy. Countless funds poured into these countries, and the financial markets were in chaos.
On that day, all countries were reporting the same news.
Many experts said that the financial crisis would not break out, it was only short-lived.
And Thailand, India and other countries were condemning these international speculators.
The international community was talking about it, and many people were very worried. After all, the financial crisis was no joke.
All Asian countries have become ATMs for international speculators.
The currency and stock market turmoil was very alarming, and countless funds were evaporated every day.
Thailand couldn't stand it in two days and asked for help from the international community.
It took only two days for billions of US dollars to evaporate, and hundreds of companies went bankrupt.
The Philippines also asked for help from the international community, and India followed after a few days.
For half a month, several countries were wailing, and the financial market was a mess.
In August, Malaysia gave up its efforts to defend the ringgit. The Singapore dollar, which has always been strong, was also hit.
Although India was the last country to be infected, it was hit the hardest.
Faced with these crazy international speculators, these countries simply could not bear it.
The scenes in various countries were very chaotic, and many people were protesting in the streets.
But it was useless, Soros became the target of countless people's criticism.
In fact, Soros was also bitter, he was just a pioneer.
Universal Finance and Xinghai Finance were the culprits.
He did raise a lot of funds, and he took action immediately after the announcement.
But even if he raised more funds, it would definitely not be as good as Universal Finance and Xinghai Finance.
He didn't know about Universal Finance, but Xinghai Finance had mobilized at least 30 billion US dollars.
And the employees of Universal Finance ate and drank in the company, and came to work early every day.
Everyone seemed to be injected with chicken blood, and was very excited every day.
Universal Finance just started to use 20 billion US dollars, and finally invested another 8 billion US dollars.
For a whole month, they were just picking up money with sacks.
The financial storm was complete, and all Asian countries were affected.
Hong Kong Island's stock market and currency were also affected.
But compared with other countries, it is not bad at present.
The stock market was basically not affected, after all, Hong Kong Island people are very confident in the stock market.
After all, Hong Kong Island has Universal Finance, and there is a Universal Group.
Regarding the international speculators shorting Asian countries, Universal Finance was even mentioned.
They don't care whether Universal Finance shorts or not.
After all, Ye Haochen is cruel to others, but he is very good to his own people.
And Universal Group has several listed companies.
With the Universal Group as the mainstay, they don't believe that those international speculators dare to short Hong Kong Island.
In July, August, and September, international speculators abused all Asian countries.
In late October, international speculators moved to the international financial center Hong Kong Island, targeting the linked exchange rate system of Hong Kong Island.
The Taiwan authorities suddenly abandoned the exchange rate of the New Taiwan dollar, which depreciated by 3.46% in one day, increasing the pressure on the Hong Kong dollar and the Hong Kong stock market.
The exchange rate has become the target of international speculators.
On October 23, the Hang Seng Index of Hong Kong Island fell by 1211.47 points. On the 28th, it fell by 1621.80 points, breaking the 9,000-point mark.
Faced with the fierce attack of international financial speculators, the Hong Kong Special Administrative Region Government reiterated that it would not change the current exchange rate system. The Hang Seng Index rose and reached the 10,000-point mark again.
In mid-November, the financial crisis broke out in the East Asian country of South Korea. On the 17th, the exchange rate of the Korean dollar to the US dollar fell to a record 9008:1.
On the 21st, the Korean government had to ask for help from the International Monetary Fund and temporarily controlled the crisis.
But on December 13, the exchange rate of the Korean dollar against the US dollar fell to 1537.60:1.
The Korean crisis also impacted the financial industry of the island countries that had invested heavily in the Korean country.
A large number of companies in the Korean country and the island country went bankrupt, and the Southeast Asian financial crisis became the Asian financial crisis.
For a full six months, after temporary statistics, countries have lost hundreds of billions of US dollars.
Countless companies went bankrupt, and various international speculators made a lot of money.
Universal Finance, Xinghai Finance, and Universal Investment are also taking action.
Continuously acquiring some bankrupt manufacturing companies, especially those in the Korean country and the island country.
Universal Finance and Xinghai Finance focus on the two countries.
Central, Golden House!
Although it is not the first time I have seen it, every time I come to the Golden House, Mr. Huo and others are very emotional.
"You've made a lot of money this time, and Soros has become a shield."
"I guess this old guy doesn't dare to go abroad anymore."
Li ZhaojiLooking at Ye Haochen on the side, he smiled and said.
Soros used at most 10 billion US dollars, and it was raised funds. His personal funds were estimated to be 30 to 40 billion US dollars.
But Universal Finance and Xinghai Investment have used tens of billions of US dollars in total.
Now that the Asian financial crisis has taken shape, countries have suffered heavy losses, and the total losses have exceeded 200 billion US dollars, but at least one-third have fallen into the hands of Universal Finance and Xinghai Finance.
However, they also handed over the funds to Universal Finance for operation, which added up to more than 3 billion US dollars.
The funds of those who made decisions in the Number Gang also added up to more than 3 billion US dollars.
"It's a pity that Old Bao is no longer here."
Old Huo also smiled, looked at the few people, and a gloomy look appeared on his face. The figure of Bao Chuanwang emerged in his mind (dbag).
They have a close relationship. Although Ye Haochen is young, he is regarded as a confidant by them.
"By the way, do you think Europe and America will be affected?"
Li Zhaoji touched the tempered glass and looked at Ye Haochen.
"Yes, but the impact will not be great. This time it is mainly in Asia."
Ye Haochen looked at Wu Guangzheng and said with a smile that Wu Guangzheng has now accepted a large amount of the industry of the ship charter king. (To read the novel, go to Faloo Novel Network!)
When the will was announced last year, the daughters of the ship charter king wanted to fight for it, and they almost went to court.
After all, it was related to hundreds of billions of assets. It would be a lie not to fight. However, with the appearance of Ye Haochen, Mr. Huo and others, the farce was calmed down.
"This time, I estimate that you will make at least 200 billion US dollars."
Li Zhaoji patted Ye Haochen on the shoulder and spoke in a deep voice.
As soon as the words fell, everyone took a breath of cold air. Two hundred billion US dollars, that is one trillion Hong Kong dollars, and this is the minimum.
"Money is just a number to me now. I don't even know how much money I have now."
"Two hundred billion US dollars is indeed a lot, but if you invest about 60 billion, you can make two hundred billion US dollars."
"Then Huanyu Finance and Xinghai Finance can close down, and Lin Changqing and Crowton can retire."
Ye Haochen raised a curve at the corner of his mouth, and then shook his head gently.
Hearing this, everyone's face twitched. On the one hand, they said that money is just a number, and on the other hand, they were not satisfied with two hundred billion US dollars. This is fucking.
"Everyone says that we are billionaires, but in fact, only you are a real billionaire."
Zheng Yutong rolled his eyes at Ye Haochen, and then spoke unhappily.
Everyone is an old friend. Others don’t know the situation of the Universal Group, but they know it very well.
Last year, the revenue of the Universal Group exceeded 10 trillion.
Ding, ding! []
Just as Ye Haochen was about to speak, he heard the ringing of the phone and took out his mobile phone from his pocket.
He couldn’t help but smile when he saw the caller ID. Hong Kong Island returnedOn that day, he wanted to have a drink with the old man, but something happened.
Because Ye Qingcheng was found to be pregnant, he hurried home.
Chen Bixuan is now four months pregnant.
"Okay, I'm with Mr. Huo."
After the call was connected, Ye Haochen was startled when he heard the old man's words, and then smiled and said.
And Mr. Huo and others were all startled, looking at Ye Haochen in surprise, not knowing who called.
"The old man is now heading towards the Ye family."
"Let's go together?"
After chatting for a few words, Ye Haochen hung up the phone and smiled at Mr. Huo and others.
Mr. Huo and others looked at each other, and then nodded together.
Ye Family Manor, Ye Haochen and others had just gotten off the car when the old man and his people arrived, and there was quite a big crowd, including President Tang, people from the Financial Bureau, and high-level officials from the mainland.
Looking at the crowd, Ye Haochen knew that the old man came this time because of the financial crisis.
China, a big country, is now also suffering from the financial storm, and the impact it has received is not small.
The old man looked around, then smiled and looked at Ye Haochen. Just as he was about to speak, he saw a huge figure walking out of the manor.
Looking at Xiaobai running over, many people stared with wide eyes. What the hell is this monster?
Xiaobai's figure is very amazing. Even if he is on all fours, he is 1.7 meters tall and weighs 800 kilograms.
Anyone who sees such a beast would probably feel fear.
It's not the first time the old man has seen Xiaobai, but Xiaobai was not so big at the beginning.
Even if he has seen big winds and waves, he is still terrified at this time.
The bodyguards beside him stood in front of him, swallowing their saliva.
They had come to the Ye Family Manor with the old man and had also seen Xiaobai.
"You, you want an..."
Ye Haochen was directly beaten by Xiaobai, and he pushed it away unhappily, and then patted its head.
"Okay, go play by yourself."
Ye Haochen looked at the aggrieved Xiaobai, and then shook his head helplessly.
Xiaobai nudged Ye Haochen, glanced at everyone proudly, and then left.
After Xiaobai left, everyone breathed a sigh of relief. When Xiaobai was here just now, they didn't dare to breathe.
Such a behemoth is too intimidating. With that terrifying muscle, they can't bear a claw.
"What kind of beast is this?"
The old man looked at Xiaobai's back, and then couldn't help looking at Ye Haochen.
Under the sunlight, Xiaobai's hair exuded a white jade luster, looking majestic and magical.
"White Jade Lion, the only one in the world."
Ye Haochen saw that everyone was looking at him, and then smiled and spoke without introducing too much.
White Jade Lion!
It is actually famous.As expected, the old man looked at Ye Haochen deeply, but did not ask much.
However, he guessed that the beast was probably the work of Huanyu Medicine.
The scientific research capabilities of Huanyu Medicine are simply too strong and very mysterious.
Whenever he goes to Yun Province, he will go to Huanyu Medicine, but even he cannot enter the core research building.
Everyone quickly walked into the manor. Ye Haochen looked at everyone and said with a smile; "When did you arrive in Hong Kong Island?"
"Just arrived, why don't you welcome me, an old man?"
The old man looked at the extremely luxurious living room in front of him, and then looked at Ye Haochen with amusement.
And the others also looked at Ye Haochen with a smile.
"Of course you are welcome, you can come anytime."
Ye Haochen was slightly startled, and after reacting, he spoke helplessly.
"Okay, I'm here to talk to you this time."
"The mainland has received intelligence that Soros has joined forces with some capital and seems to be preparing to take action against Hong Kong Island."
"To be precise, they are probably coming for you."
After taking a sip of hot tea, the old man's face became serious, and then he spoke in a deep voice.
This financial storm is too severe, and China has also been hit. Moreover, Hong Kong Island has just returned, and it cannot become Soros's cash machine.
Hearing this, Ye Haochen's eyebrows slightly raised. He really didn't know about this.
"It seems that Soros wants to compete with me."
"What capital do you have?"
Ye Haochen lit a cigar, exhaled a puff of smoke, and then spoke in a deep voice.
"Morgan, Citi..."
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