Rebirth 1984: Starting with the development of Hanka

Before Zhao Ye could buy the Baby Baby company, the Asian financial crisis completely broke out.

In Thailand, there was a run on the U.S. dollar, and people exchanged Thai baht for U.S. dollars, resulting in a sharp decrease in Thailand's U.S. dollar reserves. In April 1997, Thailand announced that it would abandon the fixed exchange rate system of the Thai Railways pegged to the US dollar and implement a floating exchange rate system.

This policy is 3 months earlier than in the previous life.

As soon as the policy was announced, the Thai baht exchange rate plummeted 20% that day.

A financial crisis sweeping Asia is coming!

At this moment, speculators all over the world are in a carnival!

Thailand was unable to resist and could only allow the Thai baht to depreciate wildly. The wealth that the entire country had worked hard to develop for more than ten years was plundered by international speculators.

In Southeast Asia, countries such as the Philippines, Indonesia and Malaysia, which have the same economic problems as Thailand, were quickly hit by the depreciation of the Thai baht. On April 4, the Philippines announced that it would allow the peso to be exchanged with the U.S. dollar on a wider scale, and the peso depreciated by 11% that day. On the same day, Malaysia raised bank interest rates to prevent further depreciation of the ringgit. Indonesia was forced to abandon its currency against the U.S. dollar, with the rupiah devaluing by 11.5% from May 5 to 2.

Southeast Asian countries are wailing, and speculators around the world are ecstatic!

Media from various countries have all turned their attention to the Asian financial crisis.

At this time, people can't help but think of Wujiang Group's massive sale of Southeast Asian industries not long ago. People can't help but sigh that Wujiang Group was really foresighted in predicting this financial crisis.

"Financial Times": "Thailand was forced to announce the decoupling of the baht from the US dollar and implement a floating exchange rate system, triggering the Asian financial crisis. The Wujiang Group actually managed to escape!!!"

"Wall Street Journal": "The biggest winner of the Asian financial crisis is beyond your imagination. Wujiang Group's profits may exceed 10 billion US dollars!!!"

"The Times": "Before the Asian financial crisis, the Wujiang Group loaned tens of billions of dollars worth of currencies to local banks in various countries. Now that the Asian financial crisis has erupted, the currencies of Thailand, the Philippines, Malaysia, Indonesia and other countries have declined significantly. depreciation, Wujiang Group can exchange the U.S. dollars that are much less than the original for the currencies of various countries, and then return them to the bank, thereby making a huge profit!!!"

……

Countless netizens and people were shocked when they saw the news.

"Damn it, Wujiang Group not only escaped the Asian financial crisis, but also took advantage of the opportunity to make profits. I'm so impressed! It's really awesome!"

"Unfortunately, Wujiang Group may have had a premeditated plan and deliberately borrowed so much money from the bank. Now it only needs half of the money to repay the loan!"

"Indeed, Wujiang Group is already super rich, and it also has its own bank. Even if it is a loan, there is no need to borrow from banks in Southeast Asia. So, as you know, Wujiang Group may have predicted the financial crisis in Southeast Asia long ago. , so take the opportunity to make a fortune!”

"Hahahahaha, the American financial tycoon Soros has worked hard and is notorious. However, I am afraid that he has not made as much money as the Wujiang Group. I just want to ask you if you accept it?"

"I'm convinced! I kneel down to read the news. From now on, I will stick to Wujiang Group. I will invest in whatever it believes in!"

"Same as above, even if one day Wujiang Group is bearish on the U.S. stock market, I will go short!!!"

"..."

At this time, Soros, who was far away in the United States, looked confused and smiled bitterly.

After reading the news in major newspapers, he felt as if he was making a wedding dress for Wujiang Group.

He has calculated the approximate profit of Quantum Fund, which is probably only one to two billion US dollars.

However, Wujiang Group’s profits may exceed 10 billion US dollars.

Why is the love?

I worked really hard to be a villain and angered the countries in Southeast Asia, but instead, I made the Wujiang Group a lot of money.

Partner Jay Ingersoll looked at Soros and couldn't help but sigh: "It seems that we have all become pawns of the Wujiang Group! The other party has been waiting for us to join the game so that it can make a huge fortune!"

Soros looked unhappy, feeling very unhappy in his heart.

Originally, the Asian financial crisis was a glorious moment for him to become famous, but unexpectedly he became a clown. Whenever others talk about the Asian financial crisis, they will only regard themselves as a pawn of the Wujiang Group.

However, if you are unhappy, you still need to make money.

Quantum Fund is still madly attacking Asian countries and making huge profits.

He didn't really care about notoriety or anything like that.

He is an American and has no fixed assets in Asia. He is not afraid of Asian retaliation at all.

"The Wujiang Group's properties in Hong Kong are not for sale. I, Soros, will step on Wujiang Group and become famous all over the world. Let's see how others will laugh at me!!" Soros sneered in his heart, and a plan to short-sell Hong Kong came to his mind.

Affected by the Asian financial crisis, Hong Kong's stock market plummeted.

If national speculators short Hong Kong, the success rate is extremely high.

In Soros's view, the Asian financial crisis is unstoppable. How can Hong Kong, a tiny country, resist it?

The Hong Kong stock market has plummeted and the economy is in recession. Wujiang Group will definitely suffer serious losses.

……

Mainland China has not been greatly affected by the financial crisis. It can even be said that it is very beneficial to China.

After the financial crisis broke out in Southeast Asian countries, a large amount of capital fled, and China is currently the best-developed country in the world. This has caused capital fleeing from Southeast Asian countries to pour into China, thus accelerating China's economic construction.

As we all know, there is a siphon effect in economics, which means that the development of regional economy will produce a siphon effect. Once this effect occurs, an economic tornado will appear. When the tornado moves, it will generate huge energy and attract Surrounding individuals, companies, and countries have a very obvious impact on economic resources.

Normally, wealth and resources flow from poor to rich areas, and people from underdeveloped to developed areas.

The Asian financial crisis is like giving China a pair of wings, enabling China's economy to achieve rapid growth.

At this time, major domestic newspapers were also reporting aggressively on the Asian financial crisis, and also reported on Wujiang Group’s foresight and extremely shrewd decisions. Of course, they also exposed Wujiang Group’s huge profits.

However, these news are welcome to the Chinese people.

Wujiang Group is the most famous enterprise in China and has been engaged in charity activities all year round. The rise of Wujiang Group has benefited countless people in China. Everyone hopes that Wujiang Group can make more money from Southeast Asian countries.

"The most conscientious enterprise in China is Wujiang Group. China's economy and technology cannot achieve today's achievements without the contribution of Wujiang Group. The more Wujiang Group makes, the happier I am!"

"The Wujiang Group is so powerful! I read in the newspaper that the international speculators headed by Soros are actually just making wedding clothes for the Wujiang Group, hahaha, I feel funny thinking about this!!!"

"..."

Many entrepreneurs in the country were surprised and felt that it was too easy for Wujiang Group to make money.

This easily makes tens of billions of dollars.

They work so hard that they don't make much money throughout the year.