Countercurrent 1982

Even though his net worth is hundreds of millions, Zhong Pengrong still felt very shocked when faced with a fund of up to 10 billion US dollars.

You must know that there are not many domestic companies with total assets exceeding 10 billion US dollars. Even in Guangzhou and Shenzhen, where the economy is very developed, some enterprises can reach 10 billion yuan in total assets, but 10 billion US dollars is another concept.

Even at the national level, 10 billion US dollars is not a small amount. You must know that at the end of last year, China's foreign exchange reserves reached 1000 billion US dollars for the first time. After that, the wealth accumulated over more than ten years was obtained by the country in exchange for countless energy, resources, minerals and various high-quality and cheap products, and the price was quite huge.

As a private enterprise, Tianyin Group can own 10 billion U.S. dollars in foreign exchange. Unexpectedly, Tianyin Group's financial resources could be found to such an extent that the foreign exchange reserves have already exceeded 10 billion US dollars.

Maybe some people think that 10 billion US dollars is not a very amazing asset, but what these people don’t understand is that a company with 10 billion US dollars of foreign exchange liquidity on its books can definitely exceed tens of billions or even thousands of dollars in total assets. From this point of view, there is no doubt that Tianyin Group's overall strength can be regarded as a powerful enterprise even in the international arena.

It's just that Duan Yun didn't run his own group company to go public. If he really did, the market value of Tianyin Group in the domestic stock market would break the record without any suspense.

"The 10 billion U.S. dollars is almost all the company's foreign exchange reserves." Duan Yun glanced at Zhong Pengrong, and then said: "To be honest, it doesn't mean much to me to make small troubles. For our group company, it doesn't hurt or itch, if we want to play, we will play the second largest one, and we must make a lot of money..."

"Mr. Duan, actually I think our company's current system is very good, and we don't need this kind of desperate gambling." Zhong Pengrong frowned slightly, and then said: "And the foreign financial capital market will definitely not be like the one you see. It’s as simple as it sounds. You can often see some foreign netizens or financial companies in China making a fortune overnight by speculating in stocks. His own rules, even the top experts, he can't guess the final trend of the market, so the risk always exists..."

"Any investment has risks. Even if you don't invest in the financial industry, the risk of doing business is also very high, so in my opinion, there is no difference between the two." Duan Yun smiled slightly, and then said: "We can do The thing we have come to is to reduce the risk as much as possible and increase the chance of winning. When the chance of winning reaches a certain level, we will know that we will give it a go..."

"Did you get any news? If you have internal news in China, you can do something in the stock market, but if you are abroad, does Mr. Duan have any special channels?" Zhong Pengrong asked suspiciously.

The reason why Zhong Pengrong was able to have such a high winning rate in the financial investment market before was because of his understanding and attainments in financial investment on the one hand, and on the other hand, because he had been working in the country's financial institutions for the past few decades. He and relevant departments can grasp the release and changes of relevant industrial policies in the first time, so with the help of powerful information channels, it is easier to obtain rich returns on financial investment, otherwise it is impossible to rely on his professional theories and technologies. In just a few years, he became a billionaire.

In addition, with the help of his own information channels and contacts within the system, Zhong Pengrong had the capital to start his own consulting company, and through the consulting company he established, he realized these information channels and contacts, and quickly completed the early accumulation.

Therefore, Zhong Penglong's success is not accidental, and it is not only due to his attainments and knowledge in the field of business management. At present, more than 20 large enterprises in China have hired him as a financial consultant. as simple as that.

Duan Yun hired Zhong Pengrong, and indeed obtained a lot of very valuable news and intelligence through him, and also got to know the leaders of some key departments in the system through him. The annual salary of [-] is definitely value for money, and it can even be said to be value for money.

But this time, Duan Yun really wanted to remember his knowledge and ability in the financial field, and act as a trader in the upcoming Southeast Asian financial crisis.

"You must have heard the story of Soros." Duan Yun asked.

"Of course I know Soros." Zhong Pengrong replied very simply.

Regarding Soros, don't talk about Zhong Pengrong, a top economic and financial expert in China, even many ordinary people have heard his story.

The story of Soros attacking the British pound in 1992 can be described as a major event that shocked the world. At that time, Soros believed that Britain, which was in recession, could not sustain the exchange rate level of 2.95 pound to 100 marks, so he spent 5 billion U.S. dollars to bet against the British pound to buy the mark , At the same time, he bought [-] million U.S. dollars worth of British stocks and sold a huge amount of German stocks.

In mid-September 1992, the crisis finally broke out. The British Chancellor of the Exchequer asked Germany to lower interest rates, but Germany repeatedly refused. The 9% interest rate did not keep the pound's exchange rate. On September 15, 1992, the United Kingdom was forced to withdraw from the European Exchange Rate System. The British called this day "Black Wednesday."

Soros became the biggest winner of this battle, making a profit of 11 billion US dollars overnight. Later, statistics from the British Ministry of Finance in 1997 showed that the UK paid a price of 34 billion pounds for this. A classic battle, until many years later, is still often mentioned by people.

Behind Soros is the Wall Street consortium. In the past, countries mainly relied on real industries to change their economic conditions, while Americans relied on financial weapons to easily harvest the wealth of the world. This also made the world realize the power of the Wall Street consortium for the first time. Soros has also become one of the very representative figures.

"I learned the news that Soros is eyeing Thailand this time, and the Quantum Fund led by him has begun to enter the Thai financial market. If there is no accident, the British "Black Wednesday" will repeat itself in Thailand, and we There is also a chance to get a share of it." Duan Yun raised his brows and said.