Wealth

Cai Se 433rd Chapter Fan Wuyi's Way to Get Out

After Jiang Lue listened to Fan Wuyi's words. Just said. "These days. Powerful management. Anyway, I brought it here. You can take care of it." Fan Wuyichacu. Take a sip. Then he fell into contemplation.

Jiang Lue brought this news. In fact, it is a good opportunity to get out.

In the early nineties. When Western countries are in the process of economic recession. The economies of Southeast Asian countries have experienced miraculous growth. Economic strength is increasing day by day. The economic outlook is bright. Before the economic crisis broke out, the economic exhibition model in Southeast Asia was a model for various developing countries to imitate.

Southeast Asian countries are very optimistic about their respective national economies. In order to accelerate the pace of economic growth. The financial controls have been relaxed one after another. Promote financial liberalization. In order to become a new world-center.

However, Southeast Asian countries have overlooked some very important things in the flickering of economic glory. That is, the economic growth of Southeast Asian countries is not based on the growth of unit input and output. It mainly relies on the increase in external investment.

On this basis, relax financial controls. Suspected of building tall buildings on the beach. Expose their currencies to international capital without any protection. It is extremely vulnerable to the impact of international hot money from all directions. Plus due to the rapid economic growth. East Asian countries have generally seen excessive speculation in the production of rooms, overestimation of the size of enterprises and market demand, etc. The danger of a financial crisis is gradually increasing.

Last year. Moss Goldstein, an economist at the International Monetary Fund, said. In Southeast Asian countries. The currencies of various countries are experiencing shocks in all directions. It is possible to explode the financial crisis. Especially Thailand. There are more risk factors. More vulnerable to the impact of international hot money. Financial turmoil.

Goldstein's prediction did not attract the attention of Southeast Asian countries. The countries in Southeast Asia are still fascinated by the economic miracle they have created. This is what is called loyalty. The medicine is bitter.

There is such a huge financial loophole in Southeast Asia. Can't escape Soros' eyes. He has been waiting for a favorable opportunity. Hope can fight another English-style battle. In nine years. Soros believed that the Malaysian currency ringgit was undervalued. Decided to use ringgit as a breakthrough point. He teamed up with some-head fund managers and began to siege ringgits. But Malaysian Prime Minister Mahathir is determined to maintain the currency value of the ringgit. Mahathir has taken a series of powerful measures to strengthen his control over his country's capital market. Soros and some arbitrage fund managers can't take advantage of it. For the time being, the Malaysian currency ringgit had to be retreated, and this prevented disaster. But the small defeat in Malaysia did not make Soros retreat. Just wait for a better opportunity again.

Over time, signs of overheating in Southeast Asian countries have become more prominent. The central bank of famous countries has adopted the method of continuously increasing the bank rate to reduce the inflation rate. But this method also provides many opportunities for speculation. Even the banking industry itself has hyped up foreign currency. The serious consequence of joining the ranks of speculators is the huge increase in the short-term foreign debt of the banks of various countries. Once foreign hot money quickly flows through the financial markets of various countries, it will cause painful and severe shocks. Although the central banks of Southeast Asian countries have also realized the seriousness of this problem, they are somewhat more than minded and inadequate in the face of open and liberalized markets.

Fragrant edge. Same in these questions

As Hong Kong, which has close economic contacts with Southeast Asian countries. It is also the goal of Soros and others, especially the free flow of funds in Hong Kong and it is easy to establish their own formation in a short period of time. Fight a beautiful ambush and leave. Such a nice party. It is impossible for them to let it go.

In addition, there is another factor that needs attention. It is Soros who is more **. So after the return of Hong Kong. Will definitely come to harass one. Otherwise, how could it be reconciled?

So count the time. Fan Wubing must be before the return of Hong Kong in 1997. Gradually withdraw most of the funds. At this time, Jiang Lue came over to talk to him on behalf of the senior management. It gave him a fair excuse to withdraw from Hong Kong stocks. There is also no need to worry that the Hong Kong Monetary Authority will adjust its financial policy as it thinks that something has changed.

So Fan Wubing said to Jiang Lue. "Since the executives don't want me to get too involved in the Hong Kong stock market. Then it's okay to withdraw. Then all right. Before the New Year, I will withdraw the tens of billions of dollars."

Jiang Lue is drinking. Hearing Fan Wubing's words, he spewed out a sip of wine. Coughing several times is considered to be relieved. Some said anxiously. "I said you didn't save me? How many days are there until the Chinese New Year? More than 10 billion US dollars were withdrawn in such a short period of time. How much influence does yours have on Hong Kong stocks?!"

"Then what are you guys. Let me stay in my face? My loss is great!" Fan Wu displeased.

Seeing Fan Wubing complained quite a bit. Jiang Lue also hesitated. To the side

A man waved his hand. Then introduced to Fan Wubing. "This is David Chen, the senior consultant of the Hong Kong Management Bureau. I came here to negotiate specifically for this matter. Let him talk to you. It's too professional. I don't understand it."

David Chen? Fan Wu-nai smiled. Shake hands with each other. Then asked. "Mr. Chen has any suggestions?"

Since David Chen is a senior adviser to the Hong Kong Monetary Authority. Naturally, I had already had some ideas on this matter. Considering that Fan Wubing would not be willing to sacrifice his own interests. Just make suggestions. "The Authority hopes that Mr. Fan can withdraw from the Hong Kong market in an orderly manner. In order not to have too much impact on Hong Kong stocks, I hope that Mr. Fan will gradually reduce his holdings of the stocks of his opponents within half a year."

In fact, Hong Kong is also worried about Fan Wubing's sudden withdrawal of capital in anger. The damage caused to Hong Kong stocks is too great. Now that the two sides have talked about it. A consensus can be reached. Properly resolve this matter.

Seeing Fan Wubing hesitated. David said. "The Hong Kong stocks are currently trending just right. Stable and rising. Mr. Fan divested within half of the time. There will definitely not be any losses. There will even be some gains. This is also sincere."

"In that case. Then I won't say anything." Fan Wuyao thought about it. Then raised his head and smiled. "Let's do it. From now on. One billion dollars will be withdrawn in a month. Before the National Day. How about withdrawing all the funds?"

After David Chen listened. I feel that although the half-year period is different. But it was only two months longer. The most important thing is that Fan Wubing is willing to cooperate. This is the number one priority. Even if his task is completed. So he agreed.

Fan Wubing also hired a company executive who was in charge of this business. And talked with Qin Rushan on the phone. Let him choose the stocks that want to withdraw from the market to reduce their holdings in an orderly manner.

After all this. David Chen is very tall. Said that the Hong Kong Monetary Authority is very grateful to Mr. Fan for his cooperation. And to Fan Wubing out of the July 1 return ceremony to observe the invitation.

"This is a must. At that time, it may be possible to take someone there. It will be more annoying." Fan Wuyao said with a smile. "In order to welcome the return. I bought a few villas on Hong Kong Island. You don't need to return this, right?"

"Where. If you are always willing to exhibit in Hong Kong. We are the most welcome. Just worry about your style of study. Just leave." David Chen immediately expressed his attitude.

In fact. If Fan Wuzhen is planning to take root in Hong Kong and engage in construction and development. It's too late for them to be happy. How can you push people out? But circling money in the stock market is different. That's fishing for meat from someone else's pot. Will be hated by others.

After sending away David Chen and other people from the Financial Administration Bureau. Jiang Lue said to Fan Wuyao. "Honestly. I didn't want to come this time. There was no way to take this job."

For the snobbish Hong Kong parties. Jiang Lue is also quite critical. I feel that the high-level officials are a bit too loose about their policies. This kind of practice is obviously for one's own selfishness to harm the interests of others. Contemptible.

Fan Wubing smiled and said to do business. All have to be optimistic about their own game. Guo Jianglong is naturally strong. But the tigers sitting now suddenly have a backer that they can rely on. Naturally, it is necessary to make good use of it. Once after 1997. They don't have such a good opportunity. "

Everyone is just using each other. The senior officials hope that Hong Kong's political situation will be stable and stable upon the return of 1997. Therefore, it is necessary for the major families to actively cooperate ~www.wuxiamtl.com~ so they have to take care of their interests. And the big families are proud of their favor. With this good opportunity. How can the nature of a businessman not take the opportunity to make money?

In fact, even if Fan Wubing didn't agree on this matter, it would be impossible. If the big families join forces to sell short. It's nothing more than losing everything. Through some other means. It is still possible to make up for the loss. It's just that this great opportunity was wasted in vain.

To know. The time and energy it takes to gather popularity in the stock market is difficult. Suppress the market. Lift it up again. It will take a long time. The big families are not in the mood to waste time. This can reach a reconciliation with Fan Wuyi. It is the best result.

It seems. Fan Wubing still interviewed them very much. to be exact. It is for the high level inside.

But for Fan Wubing. Isn't this a good opportunity? If you divest yourself. Will be able to cover themselves. Someone took it. It is much easier to quit.

Since it has been earned. Why do we have to wait for the crash to exit?

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