The penniless son of the penniless ...

Chapter 51: Xiangjiang can't chew it, so Gaoli can't be that hard, right? !
Li Fuzhen, who was coming out of the bathroom in her bathrobe, quietly saw Zhang Junfeng who was still on the phone, and couldn't help but feel a little curious. However, when she heard the last few sentences of their conversation, she quickly discovered the key point and was quite surprised.

Zhang Junfeng saw that his "secret" was guessed by this woman, and he did not deny it. He pulled her into his arms and said with a smile, "Yes, of course I won't miss this opportunity to 'make money'! And if I want to have a grand wedding at the end of the year, I have to spend more money on preparations!"

"My dear, you don't want your wedding at the end of the year to be too shabby and make people laugh at you, right?" Zhang Junfeng raised the corners of his mouth. He had a "legitimate" reason this time, and he didn't believe that this woman could find any fault with him!

"...Dad and the others have already made arrangements for the wedding, so you don't need to prepare for it. But since you've made the money, just keep it for your own business..." Hearing Zhang Junfeng say that he was raising funds for the wedding, Li Fuzhen felt warm in her heart and was quite benefited by Zhang Junfeng's words.

Zhang Junfeng felt the emotions of the beautiful woman in his arms and said with a smile, "It's better to be prepared! Even if it can't be used at the wedding, I can use it to prepare a 'special' gift for you!"

Seeing Zhang Junfeng's sincere smile, Li Fuzhen was also infected, with a happy smile on her face! Thinking of the moment when the two met, I have to say that fate is a very wonderful thing~!

At the beginning, she used and despised Zhang Junfeng more, but as they got along later, she gradually discovered that this man was far from what he seemed. Under the mask of a playboy and a spendthrift, he was a master investor who had his own unique insights into many things.

Even during the period after their engagement, when they were together day and night, she really fell in love with this man who often teased her but would stand up for her and protect her at critical moments!
Zhang Junfeng couldn't help but feel relieved when he saw that Li Fuzhen didn't make things difficult for him. There were some things he didn't want to explain too much. If Li Fuzhen was moved by sympathy and revealed it to Li Jianxi or other people, there was no guarantee that there would be some unexpected changes in the subsequent plans!
……

Just as Zhang Junfeng had expected, after the Hang Seng stock market had experienced several days of continuous plunge, the Hong Kong officials finally could not sit still and took action themselves!

In order to successfully protect the market and repel the aggressive international speculators, the Hong Kong government, on the one hand, sold US dollars in the market through foreign exchange funds to absorb Hong Kong dollars; on the other hand, it publicly announced a temporary interest rate hike, raising the prime rate from 8.75% to 9.5%!
Under the dual measures, the foreign exchange market quickly produced a strong response, and the Hong Kong dollar exchange rate quickly rebounded to a high of 7.5:1, and remained relatively stable for a long period of time!
This caused the international speculators who were totally unprepared to suffer heavy losses! Originally, they thought that facing such a fierce offensive, the Hong Kong side would be outnumbered and beaten back! They never expected that the Hong Kong authorities would do such a thing, which taught them a hard lesson!
Leon John, who had managed to cash out successfully and landed safely with a huge profit, felt very lucky when he saw the subsequent development of the situation. If he had not followed Zhang Junfeng's instructions, the windfall he made from shorting the Hang Seng Index would have been deeply trapped!
……

Hong Kong's tenacious resistance made many international speculators feel frustrated for the first time! Of course, financial institutions led by Soros and Quantum Fund would never give up easily!

Since they couldn't take over Hong Kong, which had more than 900 billion US dollars in foreign exchange reserves, what about other countries and regions? Could they be so tough? They quickly locked on a new target on the map of Asia - Korea, which is also one of the Four Asian Tigers!
Under the manipulation of a number of financial institutions, the impact of the financial crisis continued to ferment and expand in Asia. Even many foreign investors, under the hint and instigation of financial institutions, sold off their Korean assets and even exchanged the cashed Korean won for the international currency US dollar. This also caused the Korean won exchange rate, which was not very strong to begin with, to plummet rapidly in a very short period of time!
On November 11, the exchange rate of the Korean won had hit the daily limit for two consecutive days (exceeding the 17% floating range stipulated by the Goryeo government). Under pressure, the Bank of Korea had to give up intervening in the exchange rate of the Korean won.

11月18日，韩币兑换美元从989韩币跌至1012韩币，跌幅为2. 32%。11月19日，金泳三先生接受了财经院长姜庆植及其高级助理的辞职，高丽的金融市场顿然失控！

After the opening of the Korean Financial Foreign Exchange Market that day, it fell again by 23 won, a drop of 2%, breaking the daily fluctuation limit of no more than 27% for the Korean won!
……

In order to stabilize the exchange rate, Mr. Yong Sam and the Blue House tried to use the limited 300 billion US dollars (foreign exchange reserves) to raise the Korean won exchange rate. However, faced with the extremely large amount of selling and short selling, they were completely powerless to deal with the crisis, and soon Goryeo's foreign exchange reserves were exhausted!
Without the support of the Blue House, the won exchange rate completely collapsed! Although currency depreciation is beneficial to exports, rapid depreciation and plummeting commodity values ​​are also a disaster for Goryeo!
In addition, currency depreciation has triggered serious inflation. Exports have been affected, factories have been shut down on a large scale, many people are already facing unemployment, and it is difficult to make a living. Under inflation, prices are soaring, and ordinary people are even more desperate!

Faced with such a miserable situation, Mr. Yongsan and the Blue House could not come up with a solution for a while. You know, the money of domestic banks has long been borrowed by those large and medium-sized enterprises, and now with the bankruptcy of these enterprises, the loans have become bad debts and cannot be recovered at all.

（注：截至1996年，五星的负债率高达267.1%，净利润率仅0.2%，比如现代集团负债率436.7%、LG集团负债率346.5%、大宇集团负债率也超过了400%……）
The Blue House also tried to ask for help from financial institutions in Japan and friendly European and American countries, but the result was even more disappointing.

These financial institutions all chose to stand idly by as Goryeo, which was on the verge of collapse, had no intention of offering any help!

Others may not be aware of this, but as colleagues in the financial industry, they all know very well that the reason these international speculators can mobilize so much capital in a short period of time is all thanks to the "big backer" behind them - the United States!

(End of this chapter)