We are all reborn, who wants to be the richest man?

Chapter 672 The Source of the Economic Crisis

The three-day beer feast has come to a successful conclusion, however, the passion and joy linger for a long time in the hearts of many Hong Kong Island citizens and tourists from afar, and their feelings of being left wanting more are beyond words.

This beer carnival is not only an ultimate exploration of taste buds, but also a deep release of the soul, allowing every participant to immerse themselves in the foaming ocean of joy and be reluctant to extricate themselves for a long time.

As night fell, although the curtain of celebration slowly fell, the warm scenes of laughter, toasting and drinking, and the mellow aroma of wine in the air have become unforgettable beautiful memories in everyone's hearts.

Although it may still be a little incomplete compared with the three world-famous carnivals in Europe, Hong Kong Island's unique combination of Chinese and Western beer carnival is undoubtedly a dazzling treasure in Asia. Its unique charm is unique and irreplaceable in Hong Kong Island.

This feast skillfully blends the essence of various Eastern and Western cultures, using beer as the medium to allow tradition and modernity, Eastern charm and Western style to complement each other in the bright night sky of Hong Kong Island, bringing a unique celebration experience to carnival beer lovers in Asia and even the world.

“The East-West Beer Carnival held in Hong Kong Island has not only injected unprecedented vitality and passion into the island, but also successfully brought in significant economic benefits of more than US$3 million, demonstrating the strong driving force of the event on the economy of Hong Kong Island.

Thanks to the continued impact of such events and the gradual recovery of the global tourism market, Hong Kong Island's tourism revenue this year is expected to usher in a historic leap, potentially breaking the US$70 billion milestone, further consolidating its position as an international tourist destination."

Upon hearing the news, Luo Nianzhong's heart was undoubtedly filled with pride.

This figure has more than doubled compared to the same period in the original century. What is particularly noteworthy is that this was achieved at a time when mainland tourists have not yet formed a large-scale tourism trend to Hong Kong.

If it were during the boom period of mainland tourists visiting Hong Kong after 2000, Luo Nianzhong optimistically predicted that Hong Kong Island's annual tourism revenue would easily exceed the US$250 billion mark and would be expected to continue to show a strong upward trend year by year.

This not only demonstrates the huge potential of Hong Kong Island's tourism industry, but also foreshadows its increasingly important position in the global tourism landscape.

I remember that 14 was the peak year for Hong Kong tourism, with total tourism revenue exceeding US$400 billion. I must break this record in this lifetime.

Luo Nianzhong's grand goal is to reach the US$600 billion milestone. He hopes that Hong Kong Island can, under normal operations, steadily absorb up to US$ billion in tourism revenue each year, thereby driving strong economic vitality in Hong Kong Island's service industry.

If the annual tourism revenue can really reach 60 billion US dollars, Hong Kong Island will undoubtedly have added an important income industry.

Although this income level is not prominent compared with many countries in the world, considering the limited area and population base of Hong Kong Island, the per capita income driven by its economic vitality is an astonishing figure that attracts attention.

In this tiny country, the economic density and per capita efficiency have demonstrated extraordinary potential and strength, enough to prove its unique position as an international financial center, tourist center and economic engine.

Luo Nianzhong can proudly attribute all these brilliant achievements to his outstanding contributions and far-sighted vision.

Not only did he personally create the shining pearl of Smart City, he also led the vigorous development of the New Territories. With forward-looking strategic deployment, he accelerated the early development of Lantau Island. Each of these feats is deeply imprinted with his wisdom and achievements.

It’s like a farming game. How can he not be proud of such an achievement?

Holding the detailed report of the beer carnival in his hand, Luo Nianzhong smiled slightly when he saw that one industry data was rising sharply.

"It's quite interesting. It seems there is no shortage of smart people everywhere. I just don't know if they have the long-term vision and can seize this opportunity."

According to the report at hand, the demand for period costumes and dress-up costumes in Hong Kong Island has shown an astonishing growth trend in the past week, with a surge of more than 1700 times.

This staggering figure is due to problems in the supply chain, otherwise its growth momentum would be even more astonishing, and it is hard to imagine to what an outrageous level it will eventually rise to.

However, this deeply reveals that Hong Kong's market performance in the field of ancient costumes was not satisfactory and its sales were sluggish in the past.

The idea came from the unique perspective of the son of a small clothing OEM factory owner.

He once studied abroad in Europe and personally experienced the grand carnival. He deeply felt the participants' love and pursuit of wearing unique costumes with local characteristics.

It was this personal experience and keen insight that made him realize that incorporating the passion and cultural charm of this festival into clothing design can not only meet the needs of specific occasions, but also build a bridge between tradition and fashion.

Since it was a fusion of Chinese and Western styles, the boy asked his family's factory to rush out a batch of various Chinese and Western ancient costumes. The Chinese costumes contained Western elements, and the Western armor was also painted with Eastern auspicious beasts. But he didn't expect that they would become an immediate hit once they were launched.

If it weren't for the insufficient preliminary preparations and the timidity in market forecasting, which resulted in the production rhythm of subsequent products not keeping pace with market demand, we would have been able to achieve more impressive sales volumes.

The good thing is that the market has been opened up now, but the bad thing is that some businesses will imitate and launch their own products.
I just don’t know if this person can seize the opportunity and build a brand. Luo Nianzhong is looking forward to it.

It’s not that this industry has huge profits, but that the mindset of Hong Kong businessmen is changing, from OEM to self-innovation.

"Ring, ring, ring." The ringing of the phone interrupted Luo Nianzhong, and after he answered it, he heard the voice from the secretary's office.

"Chairman, this is President Du Huilian calling."

"Please bring it in."

After a moment, Du Huilian's voice was heard in the receiver.

"Chairman, a magnitude 7.3 earthquake occurred in Kobe, with the epicenter about ten kilometers away. Now many houses in Kobe have collapsed."

"Okay, I'll go to the Far Eastern Bank right now."

Without hesitation, after hanging up the phone, Luo Nianzhong asked Muller to prepare the car, and then Muller got up and ran out.

Luo Nianzhong was not idle here either. Before leaving, he asked his secretary to find out the information about the Kobe earthquake and tell him about it.

The secretary was very quick. Just as Luo Nianzhong was on his way to the trading square, he received a call and learned the details.

The earthquake started around five in the morning, no wonder I didn't see any related news on the morning news.

By this time, the newspapers have already been printed and sent out, while the morning news may have just reacted and sent people to get first-hand information.

The specific situation is still unknown, but what is certain is that Kobe has now become a ruin and the death toll has exceeded a thousand.

Luo Nianxin rushed to the Far Eastern Bank in a hurry. His motivation was far from being just driven by this sudden disaster, nor was it his deep concern for Nick Soha.

The deeper reason is that on the scale of wealth, compared with the lucrative returns hidden in other unknown paths, the attractiveness of Barings Bank seems to be nothing and is no longer his most pressing consideration.

Stepping into Du Huilian's spacious office, Luo Nianzhong found that Robert was waiting for him again, and the two were chatting about something.

Faced with the sudden disaster of the Kobe earthquake, the two financial directors of the Luo family not only did not show the slightest sadness, but instead their conversation was filled with an unusual excitement and enthusiasm.

Their attitude seems to have found some kind of special excitement or challenge in this human disaster. This behavior does not come from any deep hostility towards the people of the island nation, but the temptation of interests and the magic of money beckoning to them.

"Tell us all."

After hearing Luo Nianzhong's words, Robert and the other man looked at each other, and then Du Huilian spoke first.

"From what we have learned so far, this earthquake has had a serious impact on the Keihanshin metropolitan area, with Kobe being the most direct.

However, communications in the Kobe area are currently blocked, so detailed results are not yet available.

However, our personnel in the island country have already arrived in Kobe, but they cannot get inside. Judging from the damage in the vicinity of Kobe, the damage is very serious, and I think it is even more serious inside Kobe."

Luo Nianzhong nodded. This was similar to the information he got when he came here, and signaled the other party to continue.

"First of all, the island country's stock market fell very slightly, and the construction industry even saw an increase."

"It seems there is always a way out. If that guy withdraws now, Barings Bank can still be saved."

"No," Du Huilian shook his head. "I have experienced this kid's stubbornness. He has no intention of withdrawing. He is just blindly optimistic about the Nikkei Index."

"Is he crazy?" Luo Qi's face was full of disbelief.

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Kobe is an important industrial area of ​​the island country, and its manufacturing capacity and steel production account for almost 15% of the entire island country.

Judging from the current situation, it is impossible for Kobe to resume production in a short period of time, which will have a huge impact on the island country's economy. This guy should be thankful that the Nikkei index did not fall sharply at the beginning.

Luo Nianzhong knew this guy's plan. Relying on the funds from the head office of Bahrain Bank and misappropriated customers' money, Nick could mobilize more than 150 billion US dollars with leverage.

If this money is invested in the stock markets of most countries, the stock market will rise quickly, and then followers will come in to take over, and finally the leeks will be harvested.

But the island country's stock market is different. The bursting of the bubble has left the island country's people unable to get out, and they have no money or ideas to invest in the stock market and other financial products. This is why Luo Nianzhong is not optimistic about him.

"So God wants Barings Bank to perish soon, which is good news for us."

That's right. Luo Nianzhong nodded and acknowledged that there was nothing wrong with Du Huilian's words, and then said, "Let's talk about other things. Let's put the matter of Barings Bank aside for now. It seems a little insignificant now."

"Hahahaha" Robert and Du Huilian both laughed.

"The first problem is the supply of steel. The Osaka Iron and Steel Works has been completely shut down, which has undoubtedly had a significant impact on the supply chain.

According to in-depth analysis by our internal professional team, it is estimated that it will take at least half a year or even longer for Kobe Steel to resume operations.

The suspension of Kobe Steel will have a serious impact on both Japan and the U.S., and it is an opportunity for Posco and Anshan Iron and Steel."

Rabbit imports more than 500,000 tons of high-quality thin steel plates from Osaka Steel Works every year. Anshan Iron and Steel can expand its production capacity to fill this gap, while Posco Steel can use it to open up the island market.

"In addition, the rising logistics costs will undoubtedly have a significant impact on many companies in the island countries, especially those that are highly dependent on the supply of raw materials from the disaster area. Their operating costs and supply chain stability may be affected, which will in turn have a chain reaction on the entire business operation.

Finally, rebuilding Kobe will consume a lot of funds from the island government, which will have an impact on other investments. The yen will definitely depreciate, and this will be a feast for capital."

This is also why Luo Nianzhong said that the Bank of Bahrain is just a small matter now and it is just a side issue.

The stock market, futures market and foreign exchange are the big ones.

But not only the island countries, the global trade chain and supply and demand balance will be disrupted.

After all, the island country's manufacturing industry accounts for a considerable share of the global market, and the disaster-stricken areas are so important to the island country's manufacturing industry.

"Besides all this, Robert discovered a feast."

"Oh?" Luo Nianzhong became interested. Is there any feast that can compare with the financial market?
"The island nation's economy has been hit hard, and in order to boost the economy and increase exports, the yen will inevitably depreciate in the future.

This will cause a large amount of yen to flow back from around the world, and one country among them may be even worse off than the island countries, and that is Thailand."

Soros, this was the first reaction in the Luo Nian Center.

Soros wanted to disrupt the economy of Hong Kong Island at the beginning, but the stability of Hong Kong Island's economy and the strong development of the Far East Group made him return empty-handed before he even took any action.

It looks like they're going to meet again this time, but it won't be a direct collision.

Robert didn't know what Luo Nianzhong was thinking. At this moment, he was still talking about his discovery with excitement on his face.

“Half of Thailand’s investment now comes from Japan and is settled in yen.

The return of the yen will cause great turmoil in the Thai economy, and the Thai baht will face huge depreciation pressure, which will form a huge bubble.

After Robert finished speaking, he was very much looking forward to Luo Nianzhong helping him get the Thai baht, but Luo Nianzhong did not give him the answer he expected.

"We don't have to be the main force in this matter, we just need to follow behind and reap the benefits."

"why?"

"No reason, I have my own plans." Luo Nianzhong did not explain to Robert.

First of all, the Luo family’s influence on Southeast Asia prevents him from being the bad guy. Secondly, if Soros had not brought in Wall Street capital, the sensation and effect caused would certainly not be as great as the original Asian financial crisis.

What Luo Nianzhong needs is to buy at the bottom, not to make quick money, although the money is a lot and very tempting.

"Keep a close eye on the Southeast Asian financial markets. If we can discover it, sooner or later others will discover it and take action."

Although Robert did not get the promise he wanted, he was not discouraged. He knew that Luo Nianzhong must have done this for a reason and he had bigger ambitions.

(End of this chapter)