Rebirth in 1985
Chapter 654 Lu Jiayao's Arrival
Chapter 654: Lu Jiayao’s Arrival
Lu Shaohua knew the evolution of the entire Asian financial crisis. This was Lu Shaohua's advantage. He could make arrangements in advance and finally reap the fruits of victory. Of course, he was also hunting for the wedding dress that Soros and others had already prepared.
But then again, it was precisely because Lu Shaohua knew the evolution of the Asian financial crisis that he gave his suggestions to Ho Ying-tung and others, asking them to make plans targeting the Japanese yen. The reason was simple: the Japanese yen eventually fell quite badly and the decline lasted for a relatively long time.
The sharp decline of the Japanese yen did not occur until early April 1998, which can be regarded as the second stage of the financial crisis. However, Lu Shaohua still asked Ho Ying-tung and others to target the Japanese yen. In addition to the fact that the yen fell more severely and lasted for a longer time, another reason was that Lu Shaohua did it for convenience.
Ho Ying-tung and his group made a fortune from the Thai baht, and then spent most of it to defend Hong Kong and their own companies, leaving only a few billion US dollars.
For Lu Shaohua, tens of billions of dollars are not money at all. So there is no need to fight a guerrilla war for tens of billions of dollars in shares. It is better to throw it into one place and wait for it to slowly snowball and eventually get bigger and bigger.
What’s more important is that Li Yunqing and his team don’t have to pay attention to them all the time or assign them tasks. This greatly saves energy and allows Li Yunqing and his team to concentrate on hyping their own investments.
It’s not that Lu Shaohua is selfish and doesn’t want Ho Ying-tung and others to make more money, but there is no point in fighting guerrilla warfare anymore, and it only brings more trouble.
The sharp decline of the Japanese yen is scheduled to occur in early April next year, which is the second stage of the Asian financial crisis. In other words, the first stage of the Asian financial crisis ended in South Korea.
According to Lu Shaohua's memory, in mid-November 1997, the Korean dollar could no longer hold on and plummeted on the 11th. However, it successfully passed 17, announcing the end of the first phase of the Asian financial crisis.
In this case, it is reasonable for Lu Shaohua to do a final account now. After all, Lu Shaohua does not have high expectations for a Korean country. This also explains why Lu Shaohua did a final account after finishing in Indonesia, the Philippines, and Malaysia.
There is one point that does not make sense, and that is about Japan. From what Lu Shaohua said, it seems that Lu Shaohua has always counted the decline of the yen as part of the first stage, and did not really regard it as the second stage.
There was actually a reason for this, because Lu Shaohua was considering a question, which was whether to liquidate the Japanese yen. From what he remembered, Lu Shaohua knew that the Japanese yen and the Japanese stock market had been falling for a full year, starting from the outbreak of the Asian financial crisis until July or August 1998.
During this period of time, the cycle of a slight decline was very long, and Lu Shaohua had made arrangements for the Japanese yen and the Japanese stock market. It can be said that he entered the market very early in advance. The question Lu Shaohua is considering now is whether to clear the position first and then enter the market again after a while to welcome the big drop.
If they want to clear their inventory first, they will have to follow the steps taken against South Korea. If that is the case, it would not be an exaggeration to say that the hype against Japan is the first stage.
"Ah!" Lu Shaohua sighed secretly and muttered to himself. "Forget it, I'll decide when the time comes."
As time passes by, November has already passed, and the outbreak in South Korea is getting closer and closer. It is less than half a month, and it will pass in the blink of an eye. It will not be too late to decide whether to clear the inventory at that time. It will not affect anything anyway.
With a plan in mind, Lu Shaohua no longer worried himself. He put everything behind him and concentrated on entertaining his daughter, Lu Yuting.
Qin Sichen has now finished her confinement and is focusing on taking care of her child at home. On November 11, Lu Shaohua's father Lu Jiayao also came to Hong Kong with four bodyguards, ready to see his first granddaughter in person.
Today's Lu Jiayao is no longer the Lu Jiayao who only knew how to farm. The current Lu Jiayao has changed a lot in temperament and manners. When he speaks, he gives people the feeling that he is a "rich man".
Come to think of it, even if Lu Jiayao didn't have a son like Lu Shaohua who was extremely wealthy, he himself was still very rich. After engaging in the fruit and agricultural product trade, Lu Jiayao had accumulated considerable assets, not to mention hundreds of millions, but at least tens of millions of RMB.
Tens of millions of RMB may not be enough in Lu Shaohua's eyes, but looking at his hometown, how many people have a net worth of tens of millions of RMB? So, apart from having Lu Shaohua as his son, Lu Jiayao is also the richest man in his hometown.
Grandpa looks at his granddaughter, just like mother-in-law looks at her son-in-law, the more he looks, the more he likes her. Lu Jiayao has a happy smile on his face, which is happier than seeing several hundred million dollars. Yes, Lu Yuting is the third generation from Lu Jiayao, even though she is a daughter, but Lu Jiayao is still very happy that the third generation has been born.
"Xiaohua, your mother probably can't stay in Hong Kong anymore. I think why don't we let Yuting go back home in a few months?" Lu Jiayao fell in love with Lu Yuting at the first sight, and then looked at Chen Li's expression and immediately made this suggestion.
In fact, Lu Jiayao has a lot of things to consider. It is certain that Chen Li cannot stay in Hong Kong. Besides, it is terribly quiet back home, and Lu Jiayao usually has nothing to do. If his granddaughter Lu Yuting goes back, it will definitely add more fun to the family.
Lu Shaohua was very excited about Lu Jiayao's proposal. The reason was simple. Qin Sichen had decided to go back to work in a few days, so Xiao Yuting would have to be left with the servants. Lu Shaohua was very troubled by this issue. It was not that Lu Shaohua did not trust the servants at home, but that he felt more at ease leaving her with Chen Li.
"I'll discuss it with Si Chen. If it's okay, we'll take it back home." Lu Shaohua said after thinking for a while.
Lu Shaohua is a male chauvinist, but he still needs to discuss some aspects with Qin Sichen. After all, Lu Yuting was born after Qin Sichen's ten months of pregnancy. As a mother, it is conceivable how painful it is for her to endure the separation of her daughter.
Fortunately, Hong Kong is not far from his hometown, and Lu Shaohua has the privilege of flying directly to China and Hong Kong without passing through any routes. It can be said that the transportation is very convenient. If Qin Sichen takes Lu Yuting to his hometown, it will be very convenient for him to go and see his daughter. It only takes a few tens of minutes by plane to arrive.
"Well, you two can discuss it." Lu Jiayao nodded and said, then after a moment's silence, he added, "If you bring him back to your hometown, let your mother stay in Hong Kong for a few more days, and then go back after five months."
"Yeah." Lu Shaohua nodded and responded.
Needless to say, what happened next, in the evening, Lu Shaohua discussed it seriously with Qin Sichen and finally decided to let Lu Yuting follow her grandmother, Chen Li.
As a mother, Qin Sichen certainly doesn't want to see her daughter separated from them. However, considering the huge size of Phoenix Group, she sometimes cannot take care of it all. What's more, her daughter is still young and will definitely cry and make a fuss at night. If that's the case, how can Qin Sichen have the energy to take care of the child and handle the affairs of the group at the same time?
So, in the end, Qin Sichen agreed with reluctance.
The next day, Lu Shaohua told Chen Li and Lu Jiayao the news. The two old people were of course happy, especially Chen Li, who was even happier as a grandmother. Chen Li had originally thought of this idea, but she had never said it. Unexpectedly, Lu Jiayao finally said it and it was accomplished.
After discussing the child support issue, Lu Shaohua next had some serious business to discuss with Lu Jiayao, which was about lychees.
Lu Shaohua was a reborn person, so he naturally knew that lychees were not as easy to sell as he had imagined. His family had more than ten acres of lychees planted, and there were also some that Lu Jiayao had contracted later. So the family had a lot of lychees.
Since the price of lychees will eventually fall, Lu Shaohua has to say something about it.
"Dad, let's contract out the lychee field at home. Don't plant it anymore. You work so hard but still don't make much money. It's better to concentrate on trading. This way you will have a lot of free time." Lu Shaohua just threw out a suggestion, but he didn't predict that the price of lychees would fall from the beginning.
Lu Jiayao didn't rush to say anything, but just nodded, and after a long pause, he said, "It's not like I haven't thought about this issue. Your grandpa and grandma are old, and now the lychee orchard is managed by hired people, and we rarely intervene. Well, I have thought about giving up, but the income is still a lot every year, and I'm a little reluctant to give it up."
Lu Jiayao’s ideas are much simpler. He is reluctant to give up any opportunity to make money.
But how could Lu Jiayao know that in a few years, the price of lychees would drop to a terrifying level, with a pound costing just a few cents a dollar, a huge difference from the current price of more than 10 to 7 or 8 yuan. If he had known, it would have been strange if he had not given up early.
"Dad, you see, lychees are so easy to buy now. Many people in my hometown have started to grow them. In a few years, the production of lychees will increase and the price will probably fall. By then, it will be a problem whether we can get our money back. Why bother working so hard only to end up with a loss?" Lu Shaohua said solemnly.
Lu Jiayao did not rush to speak, but fell into deep thought. It must be said that Lu Shaohua's words made sense. Lu Jiayao, who stayed in his hometown, knew it clearly, especially in the village where Lu Shaohua's family lived. Seeing that the Lu family bought lychees, they were not afraid of not being able to sell them. Now every household planted lychees, and in three to five years, they would be able to produce a large amount of lychees. It was normal for the price to fall.
"Well, let's harvest one more season and contract it out for the second half of next year." Lu Jiayao finally agreed.
"That's good."
Lu Shaohua finally breathed a sigh of relief.
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