Mixed in 1980
Chapter 352 Perfect Harvest
Chapter 352 Perfect Harvest
Soros was also worried that the United States had invested a lot of capital in Mexico, and if it could react quickly, there might be an opportunity to save the market.
With aligned interests, Soros, as an ally, also took action, mobilizing resources around him to do everything possible to prevent international financial organizations from providing loans to Mexico.
At the same time, they exerted pressure on public opinion, quickly crippling the peso's exchange rate.
The following day, everything went smoothly, and the peso plummeted again, falling by 48% from its previous constant exchange rate, a truly astonishing drop.
"Continue to wait, or repay the loan?"
In Xinghuo Investment's office, Lao Huo clenched his fist. The stock had fallen 48%, which was enough to generate sufficient profit and meet previous expectations.
Each vote will net them a considerable amount of money.
"Wait another day, it will definitely drop again tomorrow."
Li Zhaoji took out a cigarette, lit it, and took a few puffs: "The bold get rich, the timid starve. The peso still has a lot of room to fall."
Zhou Wenya got up and opened the window: "I also agree to wait another day. Our operator in Moxi Valley sent back a message that a lot of capital is fleeing."
"Waiting one more day means billions more dollars!"
Upon hearing this, Old Huo pondered for a moment, then looked at Hall Han, who hadn't spoken for the past two days: "Mr. Han, you are the main force, don't you think?"
Han Ting smiled slightly: "The higher-ups have already given instructions that this operation will be carried out according to your plan. I will not offer any opinions, whether it is today or tomorrow."
"Then let's wait another day, what do you think?"
Old Huo looked at the others, but couldn't help but mutter to himself, "It's strange that the government is taking 30% of the profits from this operation, Chen Fan is taking 20%, but the two major shareholders aren't making any decisions."
This is very unusual!
Are they really that relaxed about a financial war worth tens of billions of dollars? Old Huo felt there were other motives behind it, but he just couldn't figure them out.
Regarding this vote, everyone was in agreement: they were all capitalists, and they would definitely pursue maximum profit and squeeze every last drop of blood from the Mexican valley.
Another day has passed, and Chen Fan and Xu Jinqiu have gone to the countryside. As in previous years, Xu Jinqiu has let loose as soon as she arrives in the countryside and has become "Robbery Qiu"!
"Teacher Xu, that's going too far!"
Chen Fan's face darkened. Snatching wild fruit was nothing; a group of children had spent a lot of time and effort to get more than a pound of woodworms, and she had snatched them all away.
The children all cried and screamed!
Even bandits wouldn't play like this when they come down from the mountain. Chen Fan couldn't stand it anymore, so he quickly took out 50 yuan to appease the child and also took a bag of candy from the car.
Xu Jinqiu chuckled, carried the firewood worms back to the city, and had them processed at the hotel so that the children could also taste them, which inspired a group of children to want to go to the countryside with him.
"Sooner or later you'll raise a bunch of little bandits!" Chen Fan glared at his wife.
Teacher Xu chuckled awkwardly, "Didn't you say that our children need to have a bandit-like nature so that they can protect the family business in the future?"
The bandits have succeeded in robbing again.
In the office of Spark Investment, a group of people had already begun to celebrate as the peso plummeted once again, falling by 78% overall.
The situation in Mexi Valley is absolutely terrible!
Zhou Wenya has issued orders to begin acquiring pesos to repay loans, which totaled $200 billion in US dollars and were used for the currency war.
The exchange rate was slightly lower and fluctuated during the later sale, raising a total of US$186 billion. Only US$44 billion was needed to purchase pesos to repay this part of the loan.
In addition, another $40 billion will be needed to repay the loans for the previously purchased properties, which were all bought with cash and loans.
Including interest, the final balance was $98 billion. Spark Investment took 2%, receiving $19.6 billion, while the others also received substantial returns of $6-8 million each.
Entering the market in May and cashing out in October, they made a net profit of 6-8 million US dollars in just a few months. You can't make that much money in the Hong Kong real estate market. This is robbery.
This is just the first income!
The large amount of assets acquired in Moxi Valley will be sold off once the economy of Moxi Valley stabilizes, and the profits will not be less than they are now.
It will just take time, probably two to three years.
"It's my treat tonight, we're going to the Repulse Bay Hotel, everyone come."
Old Huo laughed for a while before stopping, tapping the table, and clearing his throat: "Mr. Han, there's a question I've been wondering about. Could you please enlighten me?"
Han Ting smiled: "Mr. Huo, what are you saying?"
Old Huo nodded: "You and Mr. Chen are the leaders of this operation, holding half the shares, yet you haven't taken the lead in the operation. Why is that?"
Han Ting took out a cigarette, lit it, and pondered for a moment: "Since Mr. Huo asked, I will tell everyone the truth. This is just a training exercise."
Upon hearing this, everyone was slightly taken aback, yet also somewhat excited.
Conversely, this can be interpreted as a test of everyone's capabilities; larger-scale operations are coming soon, requiring everyone's cooperation.
This action is not targeting British-owned businesses.
Everyone quickly recalled the Asian financial crisis that Chen Fan had mentioned before. For others, the economic crisis was terrible, but for Chen Fan, it was an opportunity to plunder.
Han Ting waved his hand: "I am not of a high enough rank to know what the next action will be. Perhaps the mystery will be revealed when Mr. Chen comes to Hong Kong again."
"In that case, I won't ask anymore."
Old Huo smiled slightly and stood up: "We'll talk about the future later. There's no pressure today, so let's all drink to our hearts' content."
……
After everyone had eaten and drunk their fill, they went their separate ways. When Old Huo returned home, he was slightly surprised to find his family all there: "Why is everyone home?"
"Dad, how much did our family earn?" Da Huo's eyes gleamed. Old Huo glared at his son: "Behave yourself. You were involved in the whole operation. How could you not know how much our family would get?"
Da Huo scratched his head: "I can't see all the data, so I can't calculate the specific amount."
Old Huo said, "We've received $8.5 million. If we sell off the Mexico Valley assets later, it should double in value. We'll know the exact amount then."
Da Huo clenched his fist: "With this job, our family has taken a step forward."
The same is true!
The Huo family was indeed very wealthy, but in 94, excluding Chen Fan, Bill Gates' total assets were only 200 billion US dollars. A few billion US dollars is not a small amount for anyone.
Many wealthy people in Hong Kong rely on real estate as their main asset. In later generations, the price of real estate in Hong Kong was tens of thousands or hundreds of thousands per square foot, and hundreds of thousands or millions per square meter.
The figures on the books are alarmingly high.
Just like the four major families of Hong Kong in the future, almost every family owns tens of thousands of properties. At the peak of property prices, their net worth was terrifying.
House prices are not nearly as high as they used to be.
Old Huo was quite satisfied with the profits from this operation. The next few days would be the time to distribute the money, and Spark Investment was also busy reconciling accounts.
Zhou Wenya, Yu Jing, and Wu Zhijie were all very busy, and it took them a week to sort out the accounts and distribute the money according to their shares.
A perfect financial plunder has officially come to an end.
“Zhou Zhu, two people have arrived. One is Yang Yunzhi from Jingfu Jewelry, and the other is from the mainland named Fan Tianxi. They said they had contacted you before.”
The secretary knocked and entered. Yu Jing nodded slightly: "That's right, let her in!"
What General Manager Chen instructed, we must definitely do well.
Fan Tianxi is in the jade business. Boss Chen has already told him how much investment he needs to make; he can decide for himself.
As for Jingfu Jewelry, that will require some effort.
Mr. Chen has clearly stated that he intends to expand into the gold industry. Given Mr. Chen's scale, he will not be making small-scale moves; Jingfu Jewelry is merely a starting point.
The person was quickly invited in!
After a conversation, Yu Jing quickly realized that Fan Tianxi did not have a complete business management strategy and was the type to take things one step at a time.
Knowing this, Yu Jing was very troubled.
Investing in such a person carries uncontrollable risks. They might get lucky and reap several times or even dozens of times the return, but if they're unlucky, it will all be for nothing.
Chen Fan had given instructions, so it wasn't easy to send him away. After thinking for a moment, Yu Jing suggested, "President Fan, how about this, you stay in Hong Kong for a few more days?"
"Spark Investment can arrange for you to visit and learn from jewelry companies. We can discuss the investment in more detail in a few days."
Fan Tianxi felt he was being looked down upon, but he was unwilling to give up the opportunity, so he agreed.
Yu Jing secretly breathed a sigh of relief and chatted with Yang Yunzhi about investment. Jingfu Jewelry is a listed company, and Yang Yunzhi has a great sense of the big picture, so the conversation was relatively easy.
Today we'll just discuss the investment intentions. A specific cooperation plan will be decided after a comprehensive evaluation by the Spark Investment team.
And so, a few more days passed!
Fan Tianxi's mindset has changed dramatically. Compared with Hong Kong's jewelry companies, his own company is just a makeshift operation, no wonder others look down on it.
Their jewelry design alone is miles behind!
As for business operations, there are many things I don't understand: "Mr. Yu, could you arrange for me to work at the jewelry company for a period of time?"
Yu Jing was very surprised, not expecting Fan Tianxi to change so much: "We definitely support your idea, and we will arrange it for you tomorrow."
After seeing Fan Tianxi off, Yu Jing secretly breathed a sigh of relief.
The cooperation with Yang Yunzhi went very smoothly, and Xinghuo Investment has already begun to snap up shares in the stock market, buying up large amounts of Jingfu Jewelry stock.
Once the partnership is established, funds are injected, and there's a period of promotion, Jingfu Jewelry's stock price will inevitably surge, allowing the company to recoup its investment from the stock market.
Stock trading is a minor matter!
Yu Jing took out her notebook, turned to the latest page, and read a sentence: "Establish at least three gold procurement channels within two years."
This was ordered by General Manager Chen!
It's clear that Mr. Chen will have big plans for gold in the future. Jingfu Jewelry is one channel, but he will need to build at least two more.
Mr. Chen will be coming to Hong Kong soon, and at least two plans need to be put forward before then.
For Spark Investment, this is not a difficult task. With access to Hong Kong's vast resources, they can build not just two channels, but ten.
A plane lands in Beijing.
Chen Fan carried his youngest son, Yan Che, off the plane. The little guy was very mischievous and didn't behave himself on the plane, already reaching the age where he's disliked by everyone and even dogs.
"Dad, put me down, I can walk by myself."
The little guy struggled fiercely, and Chen Fan had a bit of a headache, so he handed him directly to Yan Xi: "Daughter, hold your brother's hand."
The little guy immediately became obedient, took his sister's hand, and smiled, "Big sister, let's go, I promise I'll be good."
P.S.: Second update! Thanks for your support!
(End of this chapter)
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