Hong Kong variety show: I Am a Tycoon

Thanks to Chen Jiajun's advance warning, the landlords' association had already absorbed a large amount of Siamese currency, just waiting for this moment to frantically bleed them dry.

Regardless of how much money you want to make, you at least need to inflate your ego and become capable of competing with those international speculators and financial tycoons.

As for the impact on those Southeast Asian countries, Chen Jiajun had no better solution.

Upon hearing Chen Jiajun's order, the three members of the landlord's association immediately became excited.

This was the most lucrative battle they had fought since the establishment of their new landlord society.

If they still can't extract more benefits from this, they might as well jump off the building.

"Mike, go and order some food... or rather, find a restaurant in Central and have them deliver food here at the highest standard! The dishes have to be different every day!" Chen Jiajun said to Su Xingbo beside him, "Everyone at Wubao Securities will get some!"

Chen Jiajun is never stingy with employees who can make money for him.

Su Xingbai nodded quickly: "Okay, I'll have someone prepare it right away!"

Looking at the bustling Wubao Securities, Su Xingbo felt a surge of excitement. Why had he given up his position as the head of Yifeng Securities to become a lowly assistant to Chen Jiajun?
It's all about reaching a higher level and seeing different scenery.

He can casually move 50 billion Siamese rials. Such a huge sum of money is enough for even the most powerful gang leaders.

Even if all the wealth of some of Hong Kong's richest people were combined, it wouldn't be this amount!
Moreover, this money was only intended for the war effort.

Once this battle is over, the foreign exchange in Chen Jiajun's hands will multiply several times over.

Therefore, Su Xingbai dared not delay and immediately summoned his subordinates, instructing them to do the work.

Then he watched without blinking as the members of the landlord's association carried out their operations.

Although Su Xingbo had worked very hard and even went back to Hong Kong University to study finance, the time was too short and there were many things he couldn't understand.

However, compared to those fresh graduates, he still has a significant advantage.

As Chen Jiajun dumped 50 billion Siamese rupees, the financial market in Siam descended into chaos.

The Siamese government, not wanting the Siamese tael to continue its downward spiral, had no choice but to intervene to try and stabilize the currency.

A massive amount of foreign exchange was poured in, frantically buying up the Siamese taels being dumped by the landlords.

The following day, the Siamese tael, which had been plummeting, miraculously stopped its downward trend and even rose slightly against the odds.

However, anyone in the know understands that the situation is not to be underestimated.

After Chen Jiajun poured in 50 billion Siamese taels, it was quickly converted into US dollars.

They then continued to purchase Siamese taels to help the Siamese government raise the price of foreign exchange.

The landlords' association's actions quickly attracted the attention of the Siamese government.

But before they could make any moves, foreign financial giants and international speculators also took action.

The exchange rate of the Siamese tael was driven up high and then plummeted.

Aside from the first three days when the Siamese tael exchange rate recovered somewhat, the following week was the time for the local tyrants' performances.

The landlords' association operated in a simple and brutal manner, and it has always dominated the market.

To a certain extent, it could even be said that they are leading international speculators by the nose.

No matter what new tricks international speculators come up with, the landlords' association will always be one step ahead of them.

Chen Jiajun has spent so much money and supported so many people over the years, all for this moment.

For this reason, he spared no expense in hiring professors from the Department of Finance at Hong Kong University.

These professors were very respectful; all of them, except for one named Ye Baoyi, expressed their willingness to work for Chen Jiajun.

"Mike, go find out who this guy Ye Baoyi is, that he's so disrespectful to me!" Chen Jiajun said, frowning.

Su Xingbai nodded and immediately began the investigation together with the intelligence organization.

Chen Jiajun just felt that Ye Baoyi was a bit strange, that he shouldn't be so petty. At this moment, his attention was still on the Siamese government.

The Siamese financial market was devastated by the actions of the landlords' association and international speculators.

Soon it reached a point where there was no way to reverse the situation.

This time, Chen Jiajun's landlords' association was raking in profits, and even the combined income of those who later entered the Siamese currency speculation market couldn't match that of the landlords' association.

However, there is one exception: the financial magnate George Soros.

This old guy borrowed money in the international market and bought it with a lot of leverage.

It's like getting something for nothing.

Moreover, Siam's abandonment of the fixed exchange rate was a result of his manipulation.

Compared to this old fellow, the landlords' association is really no match.

If Chen Jiajun's landlords make money in the Siamese market, this old guy is robbing people.

His operation was more complicated than Chen Jiajun's. The foreign exchange reserves of the Central Bank of Siam were insufficient to cope with the exchange rate of the Siamese tael. They borrowed money from the Siamese Bank, converted it into US dollars, and then dumped it directly on the international market.

After the Siamese tael exchange rate drops, use the Siamese tael to repay the loan. This forces the Central Bank of Siam to abandon its fixed exchange rate and turn it into an unlimited money-printing machine for them to use at will.

This involves several more steps than the landlord's approach, but it's a highly profitable business with no initial investment.

"Tsk, I'm still not ruthless enough when it comes to these old-school capitalists!" Chen Jiajun shook his head as he looked at the completely collapsed Siamese financial market.

Luo Minsheng and his group were extremely excited. They said to Chen Jiajun, "Boss, boss, aren't you satisfied yet?! Do you know how much we've earned these past few days?"

Chen Jiajun shook his head and said, "I know we made a lot of money, but our goal is not just to make money! And compared to that old guy Soros, we at most made money, while that old guy was practically robbing us!"

Upon hearing Chen Jiajun's words, Luo Minsheng and the others, who had been quite smug and complacent, immediately calmed down and said, rubbing their teeth, "So, it seems our class is really a bit too low!"

Chen Jiajun shook his head and said, "Besides, Siam hasn't completely collapsed yet! Don't forget that the Central Bank of Siam is backed by the Bank of Singapore, which is one of the strongest central banks in all of Asia."

Luo Minsheng's eyes lit up immediately: "So there's still a tough battle ahead?"

“If we don’t follow Soros and instead follow this old robber, we won’t even get a taste of the spoils, and we might even be sold out by this old guy at any time!” Chen Jiajun shook his head and said, “Let them fight with the old Singapore Bank, we’ll rest for a day, and then change our targets to the Philippines and Indonesia! Before they can react, we’ll make a killing.”

"Once these countries are dealt with, it will soon be South Korea, Taiwan, and Hong Kong's turn! We'll take as much as they can, and even if they can't take it all, we'll force it in!"

Hearing Chen Jiajun mention the serious consequences, Luo Minsheng and the others dared not be negligent. Even though Chen Jiajun was already providing the employees of Wubao Securities with good food and drink.

However, after working overtime for a week straight, many people still couldn't take it anymore.

Therefore, Chen Jiajun planned to halt his offensive and prepare to rest for a day before shifting his target.

News of the army's defeat in Brunei quickly reached Suharto's ears.

His first reaction upon hearing the news was that it was impossible.

For a tiny country like Brunei, it was quite an achievement to be able to muster a group of people to serve as border guards.

How could an army of nearly 10,000 be routed?
Absolutely fake news!

But as the scattered remnants of the troops fled to Tanjung Sera in North Kalimantan and Machen in South Kalimantan, he had no choice but to believe it, whether he wanted to or not.

So he immediately contacted his nephew, Suezi.

Unfortunately, Su Yizi's head was cut off by Bai Lu and sent to the presidential palace of Brunei.

It's definitely impossible to receive a message from Suharto.

Suharto immediately dispatched his trusted confidants to Kalimantan to prepare for the mobilization of troops.

However, Suharto heard that the international community had directly and publicly condemned Indonesia's surprise attack on Brunei.

Things started to get out of control.

Then the Brunei Kingdom's demon army began a frenzied conquest of Kalimantan.

News of the city falling came almost every day, making Suhatuo's blood pressure almost uncontrollable.

He never expected that Brunei would not only refuse to back down, but would actually dare to plot against Kalimantan.

This absurd feeling is like a Chihuahua chasing and beating a Pit Bull.

Enraged, Sukhathu disregarded everything and prepared to raise funds to attack Brunei.

Since he has already been publicly accused of invading Brunei internationally, he might as well make it a fact.

As long as we're fast enough, we can just admit our mistake and pay some compensation later.

But before Ink could make another move, another piece of bad news arrived.

International speculators are launching a major offensive against Indonesia, and the Indonesian economy is on the verge of collapse.

……

Chen Jiajun was naturally paying attention to the situation in Brunei. In order to create better opportunities for him, the landlords' association stopped their operations in Siam and turned their attention to Indonesia.

This time, Chen Jiajun followed Soros's approach and planned to get something for nothing.

After all, this time, unlike with the Siamese tael, there wasn't enough time to raise funds.

Although Indonesia was on guard against such things, Soros's actions were simply too unscrupulous.

Moreover, because of the landlord's impressive operations in Siam, some international speculators followed suit and followed Chen Jiajun's lead.

Although the two sides didn't have much of a tacit understanding, they were surprisingly in sync when it came to this kind of thing.

They launched a direct attack on the central bank that controls India.

The convenient financial system in India was already somewhat problematic, and the high prices were causing considerable dissatisfaction among the country's people.

But the landlord and international speculators pulled this stunt, which nearly killed Indonesia.

The value of the Indian rupee has been depreciating rapidly on the international market, even faster than that of the Siamese rupee.

Furthermore, Chen Jiajun's actions this time were exactly the same as Soros's, which forced Indonesia to seek help from the Central Bank of Singapore.

The move by the landlords and international speculators could be seen as indirectly doing Soros a small favor.

The two-pronged attack directly dragged down the old Central Bank of Singapore.

The ensuing chain reaction affected Malaysia as well, with the traditionally strong Singapore dollar also suffering a blow.

The events in the financial markets served as a direct wake-up call for Suharto.

The already severe financial market collapse had a huge impact on Indonesian inkling.

However, Suharto himself didn't have any good solutions. During this period, everyone was in danger, and no one would lend a helping hand.

As the situation escalated, it became impossible to even mobilize troops to attack Brunei.

Suharto even had trouble dealing with the situation on Kalimantan Island.

They spend all day convening meetings with officials at all levels to discuss measures.

Unfortunately, despite several days of meetings, the situation not only remained unresolved but even showed signs of worsening.

Left with no other option, Suharto had to open up floating interest rates, and in order to prevent international speculators from continuing to borrow money, he even frantically raised the interest rates for borrowing.

While this move may alleviate the attacks from landlords and international speculators, it does not benefit Indonesia's own industry in the slightest.

The negative consequences quickly became apparent: the cash flow of Indonesian companies in China plummeted, and a large number of companies declared bankruptcy.

Many industries, including real estate, have suffered devastating blows.

By the time Suharto realized what was happening, it was too late.

Meanwhile, in Brunei, under the leadership of Bailu and Lao E, the process of conquering Kalimantan Island was accelerated.

It was common for them to capture two or three cities in a single day.

Chen Jiajun was too conservative in leaving behind young demon slaves in Brunei, which forced him to send more troops to Brunei to avoid the embarrassment of having no one to defend the city during an attack.

This is a double blow for inkpads.

This caused Suharto's approval ratings to plummet, and there were even calls from various sectors of society for him to step down. (End of Chapter)