Reborn since 1993

Chapter 811 Rope
"Senior Brother Gu!"

Seeing the person coming, Li Dongling stood up and shouted to him.

The person in front of him was none other than Gu Xiguang, the director of the Economic and Trade Commission. After not seeing him for a while, Gu Xiguang's temples had turned gray, but he looked more majestic and it was obvious that he was more powerful than before.

Now the Economic and Trade Commission is the most powerful department in the country. Although Gu Xiguang is not the boss of the Economic and Trade Commission, he is one of the most influential figures in the Economic and Trade Commission.

Gu Xiguang sat down directly, poured himself a cup of sour plum soup and started drinking it. He no longer needed to hide his relationship with Li Dongling, and naturally, he did not need so many politeness.

"Originally, I was planning to wait until your wedding before coming here, but now I need to come here early. I want to meet with Mo Gaoliang from Dongling Hi-Tech's International Economic Advisory Committee!" Gu Xiguang said directly to Li Dongling.

Mo Gaoliang is the person who proposed the Southeast Asian risk theory. Dongling Hi-Tech’s current risk-avoidance actions are actually "referenced" to Mo Gaoliang’s theory.

Given Gu Xiguang's current status, if he were to publicly meet with a scholar who holds pessimistic economic theories, the impact might be beyond expectations.

Believe it or not, as soon as the news came out, the A-share market would plummet in an instant, so Gu Xiguang came to Yuhe Leisure Resort to meet Mo Gaoliang.

"Senior Brother Gu, have you heard any news?" Li Dongling looked at Gu Xiguang.

Gu Xiguang took out a few documents and pushed them in front of Li Dongling. "This is some information on Siam, Malaysia and other Southeast Asian regions that the Economic and Trade Commission obtained from relevant departments!"

Gu Xiguang didn't say much, but from his slightly worried expression, it was obvious that the news he received was not so optimistic.

The first document Li Dongling opened was the one from Siam. This document was very detailed, and many of its contents had not been publicly reported by the media. From this information, Li Dongling saw that the entire Siam had actually become a mess.

The Thai baht continued to plummet. The Central Bank of Siam and the Siam municipal government departments had completely laid down, spreading their legs and allowing international hedge funds led by Quantum Fund and Tiger Fund to wreak havoc throughout Siam.

Siam had also resisted before, including mobilizing more than 40 billion US dollars in foreign exchange to buy back Thai baht to stabilize foreign exchange, but it was still defeated and all foreign exchange was completely exhausted, and it failed to maintain the exchange rate of Thai baht against the US dollar.

Soros' attack on Siam was carefully planned. The Quantum Fund alone borrowed more than 15 billion US dollars in foreign exchange from the Siam Bank. It is almost unimaginable how much other hedge funds borrowed. An unknown amount of foreign exchange was borrowed in the entire Siam, and almost half of it had been emptied before that.

What surprised Li Dongling even more was that this time, it was not just international hedge funds such as Quantum Fund that were shorting Siam!

"Are those people in Siam crazy? They are shorting themselves?"

Li Dongling couldn't help it, he raised his head and asked Gu Xiguang.

If this information was not brought by Gu Xiguang, Li Dongling would have suspected whether it was fabricated by some tabloid media. It was truly subversive.

The reason why Soros was so unstoppable this time was that he had used various means and channels in advance to take away a large amount of foreign exchange reserves from Siam, and then used Siam's own bullets to fight itself.

What’s more important is that Siam’s banks, securities and investment institutions also followed suit and shorted the Thai baht, futures, stock and property markets, desperately dumping the stocks to cash in!
Soros, through the media in America and old Europe, constantly spread the word that the Thai baht would collapse, and successfully made the Siamese people turn against him.

When the inside and outside are connected together, the whole Siam is like a leaky house, which collapses with a light kick from Soros!

"All the information has been confirmed to be true. The Siamese are indeed shorting themselves!"

Gu Xiguang was also a little confused and didn't know what to say.

Everyone knows that the lips and teeth are interdependent, and the hair cannot survive without the skin. However, even though Siam Bank and investment institutions knew that they might go bankrupt if the Siam foreign exchange collapsed, they still desperately shorted themselves for the sake of immediate interests.

“The consultant experts of the Economic and Trade Commission have made an assessment and found that the situation in Siam may be out of control and the impact may be far beyond our expectations.

If the Thai baht continues to collapse, the savings of more than 60 million Siamese people will all be looted by international hedge funds. Banks, insurance companies, securities, real estate, foreign trade and other companies in Siam will face bankruptcy. The loss of the entire Siam may exceed 140 billion US dollars! "

When Gu Xiguang said these words, he felt a chill in his heart. You know, last year, all the Siamese people together earned less than 100 billion US dollars, and now it may have all been robbed.

"Siam is now fighting back, prohibiting Siamese banks from lending dollars to hedge funds, and sending out Siamese police to arrest short-selling accounts, but it's probably too late.

I came here this time to ask Mo Gaoliang about his opinion on the risk spillover of Siam!" said Gu Xiguang.

The domestic media has not reported on it on a large scale yet, but the tragic situation in Siam is really scary. Almost the entire Siam is being looted.

Seeing the miserable situation in Siam, the Economic and Trade Commission had to consider whether Soros's international hedge funds would call it a day after harvesting Siam, or continue to move to other parts of Southeast Asia.

In particular, whether Hong Kong and China will be affected, the Economic and Trade Commission must make preparations in advance. "How much impact will the changes in Southeast Asia have on Dongling Hi-Tech this year?" Gu Xiguang couldn't help but ask Li Dongling.

Dongling Hi-Tech is currently a benchmark in the domestic technology industry. It has large overseas businesses and provides a large number of jobs. If Dongling Hi-Tech is severely affected, it is estimated that other domestic foreign trade companies will have a much harder time.

By then, I don’t know how many companies will go bankrupt and how many people will be laid off. Even the Economic and Trade Commission will be worried.

Glancing at Gu Xiguang, Li Dongling said carefully, "Conservatively speaking, Dongling Hi-Tech's revenue this year may be more than 30% lower than last year!"

Domestically, Hong Kong, Japan, South Korea, Singapore, Siam, Malaysia and other places are all important markets for Tanglin Hi-Tech, especially electronic dictionaries and PHS phones, which are selling very well in these places. However, in the second half of this year, orders from these places have basically been cancelled.

Dongling Hi-Tech's only overseas market is old Europe and a part of the American market. It would be strange if its revenue did not decline.

"what?"

When Gu Xiguang heard this, he was a little shocked. If even the revenue dropped so much, the profit would be almost disastrous.

Even more so, if Dongling Hi-Tech was having a hard time, then what kind of life would other companies be having? Gu Xiguang couldn't even imagine it.

“Of course this is the worst-case scenario and the impact may not be that serious.

However, no matter what the situation is, Tanglin Hi-Tech can guarantee that there will be no large-scale layoffs and salaries will be paid on time! "

Li Dongling said to Gu Xiguang that although there was a lack of foreign exchange in Dongling Hi-Tech's account, there was a huge amount of cash flow in the domestic account, so there was no need to worry about not being able to survive.

After hearing Li Dongling's words, Gu Xiguang finally felt relieved. As long as Dongling Hi-Tech could stabilize, it would be equivalent to saving the jobs of millions of people, and the Economic and Trade Commission would be able to breathe a sigh of relief.

If Dongling Hi-Tech really gets into trouble and causes a chain reaction, companies such as Focus Media and Torch Group will also run into trouble. Gu Xiguang won't know how the situation will end.

"If you have any questions about Dongling Hi-Tech, Junior Brother Li can contact me directly. If I can't solve them, I will report them to someone who can make the decision. Dongling Hi-Tech cannot have any accidents!"

Gu Xiguang stared at Li Dongling and said, if the country is really affected, the Economic and Trade Commission and others will also be involved in the issue of "protecting the big and the small". It will definitely be impossible to save all companies, and only some important industries and companies can be saved.

As for Dongling Hi-Tech, Gu Xiguang must protect it, because protecting Dongling Hi-Tech means protecting his career.

Gu Xiguang's career has been smooth sailing in recent years, and he has a close relationship with Dongling Hi-Tech, because Dongling Hi-Tech is a model established by the Economic and Trade Commission, and it is also the achievement of Gu Xiguang and others!
"Thank you, Brother Gu!"

No matter what the reason is, Gu Xiguang's statement will be of great benefit to Dongling Hi-Tech. Li Dongling will of course accept this favor.

……

At the School of Finance and Economics of Wuhan Jiaotong University, Mo Gaoliang, who had just finished a class, picked up his handbag in one hand and the thermos cup in the other, and walked outside.

After coming to Hanxi, Mo Gaoliang has completely adapted to the new environment, and his life there is much more comfortable than when he was at Yenching University of Finance and Economics.

The first thing is of course the salary. Since Mo Gaoliang was invited by Dongling Hi-Tech, Hanxi Jiaotong University treats Mo Gaoliang very well.

And it's not just Hanxi Jiaotong University, Pingyang University also gave Mo Gaoliang the status of a distinguished professor, and he only needs to teach one or two classes a week and his salary will be paid in full.

That is to say, Mo Gaoliang can now receive salaries from two universities, but the university salary is not everything for Mo Gaoliang. The bulk of his income now comes from the consulting fees given by Dongling Hi-Tech!

Mo Gaoliang also serves as the chief expert of Dongling Hi-Tech's International Economic Advisory Committee. His main responsibilities are to assess the risks of Dongling Hi-Tech's entry into a certain overseas location, as well as some response plans.

This position can bring Mo Gaoliang an annual salary of about 250,000 yuan, not to mention that Dongling Hi-Tech has also provided housing for Mo Gaoliang's family. All these incomes combined can allow Mo Gaoliang's family to live a decent life.

However, these days, Mo Gaoliang suddenly received more calls. Some were from municipal departments, and some were media interviews. Because of the collapse of the Thai baht, Mo Gaoliang had the title of "great prophet", and everyone wanted to consult his opinion.

Mo Gaoliang has also been paying attention to the situation in Southeast Asia, but he is much more pessimistic and worried than what the media reports.

As soon as he walked out of the teaching building, a car suddenly stopped in front of Mo Gaoliang.

(End of this chapter)