Mixed in 1980

Chapter 383 One After Another, Thunderclaps Erupt
From a capital perspective, Soros's ideas were not wrong, but Li Zhaoji firmly rejected them. He said that taking over other regions was fine, but taking over Hong Kong was not acceptable.

While feeling regretful, Soros focused his attention on South Korea. On November 17, the exchange rate fell from 951 won to 1008 won per US dollar.

Han Bang couldn't hold on any longer and urgently sought help from outside.

The International Monetary Fund intervened and temporarily controlled the crisis, but faced with the double blow from international speculators and Hong Kong capital, the exchange rate quickly plummeted again.

By December 13, the exchange rate of the Korean won to the US dollar had dropped to 2100:1, a depreciation of more than 12%, temporarily coming to an end.

Xin Yingjie gestured with his fingers, indicating that the profits from this financial battle in the foreign exchange market exceeded 100 billion US dollars.

Unfortunately, South Korea's foreign exchange reserves are too small, only a little over 200 billion US dollars. If it were like Singapore, the gains would definitely be far more than that.

Once you've made money, the next step is to buy at the bottom.

South Korea is also useless. It sought help from the International Monetary Fund in advance and was forced to sign a lot of unequal treaties, resulting in many high-quality industries being taken away by the United States.

They don't have much room to maneuver, and in the end they'll probably just buy some technology and equipment to take back, while taking all the remaining funds with them.

With the fall of South Korea, Japan was also implicated.

The Japanese financial sector, which had a large amount of investment in South Korea, was implicated, leading to the bankruptcy of a series of Japanese banks and securities companies.

The Southeast Asian financial crisis has officially evolved into the Asian financial crisis!
To be honest, South Korea really has the makings of a jinx. First, it dragged Russia into the mess, and then it dragged Japan down with it.

Li Hongying has arrived in Japan, accompanied by Hu Yingxiang. Hu had been busy with the Xinghuo-1 satellite launch project and had not been stationed in one place, but had instead sent more people to oversee the project.

This trip is to assist Li Hongying.

As the sell-off began, the yen started to plummet, severely impacting the Japanese economy. The yen's decline will gradually slow down over a prolonged period.

Correspondingly, Hong Kong capital and international speculators made huge profits and quickly turned their attention to ink paste, starting to target it.

Early January 1981!

With Zhao the Ship King and his son Hua the Third Young Master jointly managing the situation, Indonesia experienced its worst economic recession in history. The International Monetary Fund quickly intervened and formulated a countermeasure strategy for Indonesia.

Unfortunately, the desired effect was not achieved.

Chen Fan, Zeng Ali, and Zhao Yuanyuan arrived in Hong Kong once again. After Soros's last retreat, he spent nearly three months planning and felt that he was ready to attack Hong Kong again.

As a result, a strange phenomenon emerged in the financial market.

Hong Kong capital is locked in a life-or-death struggle with state speculators in Hong Kong, adopting a do-or-die attitude, while cooperating extensively in countries such as Japan, South Korea, Indonesia, and Malaysia.

Such intense turmoil began to affect other countries, with currencies in Singapore, Malaysia, Siam, the Philippines, and other countries falling and their economies becoming extremely unstable.

Asian financial markets are in complete chaos.

Hong Kong held firm once again, with the Hang Seng Index falling from 9000 points to 8700 points, managing to hold onto Hong Kong at the cost of 300 points, allowing state speculators to exit with a small victory.

Everyone understands that this is a temporary pause.

International speculators won't let go of Hong Kong's lucrative market, but Chen Fan isn't in a hurry. The bubble has been mostly deflated, and the decisive battle isn't far off.

With the Spring Festival just around the corner, Chen Fan and his wife and their two children did not linger. In particular, Zhao Yuanyuan, as soon as she returned to Beijing, couldn't wait to take the children to the market.

"Teacher Xu, your collection is quite impressive!"

Chen Fan hadn't been to Courtyard No. 17 for a while, and when he saw the collection there again, he was taken aback by the sheer number of items.

The basement is full, and many rooms are filled with stones, not only jade and Hetian jade, but also all kinds of stones.

Shoushan stone, Tianhuang stone, chicken blood stone, Yuhua stone, turquoise, malachite, lapis lazuli...

Xu Jinqiu looked at all the things in the room, sighed, and said, "These were all collected by your little daughter. She wanted all the pretty things."

"That's not good."

Chen Fan smiled and picked up a piece of Tianhuang stone: "Tianhuang stone has never been cheap, and its production is extremely limited. Even if you have money in the future, you won't be able to buy it."

Xu Jinqiu nodded and said, "There are very few now. I only collected a few dozen pieces. There is also Hetian jade. First-grade seed jade is very rare now. I collected a few batches of mountain jade and then stopped collecting."

He picked up a piece of mountain jade at random: "I bought it in 1995. At that time, a ton of river jade cost more than 6000 yuan, while a ton of mountain jade cost only more than 800 yuan. Now, a piece of this quality can cost several thousand yuan."

"The price of Hetian jade has gone crazy."

He put down the mountain jade and led Chen Fan to the basement, where he took out a small jade pebble the size of a baby's fist, with red skin and white flesh: "A small piece of this quality would cost several thousand."

"It's only been 1997, and although the economy is stronger than before, it's not that exaggerated, is it? I don't understand how people can afford to consume."

"They're all for giving as gifts," Chen Fan said with a smile.

He picked out a piece of high-quality jadeite and started playing with it: "If we're talking about expensive jadeite, it has to be jadeite. Last year at a Hong Kong auction, a string of glass-type green round beads sold for HK$7500 million."

"In 1994, we went to the Spring City Jade Exhibition and bought a few pieces. How much did each piece cost?"

“20 to over 80.” Xu Jinqiu exclaimed in astonishment.

"It will only get more expensive in the future!" Chen Fan stuffed the jade into his pocket, took out his phone and called Chen Yi, asking her to call Zeng Tuqiang over as well.

The two arrived shortly afterward.

Zeng Ali followed along, fearing that Chen Fan might suddenly lose his temper and beat up his younger brother, something Chen Fan was capable of doing.

"These are Hetian jade pebbles and jadeite, all of high quality. Take a look, little one, and pick whatever you like." Chen Fan rubbed his sister's head and looked at Zeng Tuqiang with a dark face: "Go get a sack or a basket or something, you're in charge of carrying them."

Zeng Tuqiang replied, "Okay, brother-in-law!"

Seeing the veins bulging on Chen Fan's forehead, Zeng Ali told her younger brother to leave quickly, and then she took her husband's arm and said, "Pick out a piece of jade for me too, and I'll have someone make some jewelry for me later."

"No time, go find it yourself!"

Chen Fan disdainfully rummaged through the pile, helping his sister select jadeite and Hetian jade. There was no need to be meticulous; anything that could be stored in the basement was of good quality.

Zeng Ali smiled and pulled Xu Jinqiu to help, muttering under her breath, "This person is really awkward. In a few years, when Xiaoxi graduates, he'll pull this stunt again."

Xu Jinqiu teased, "Don't let him hear that. He's got a temper. If he gets angry later, he might really pin Xiaoqiang to the ground and beat him up."

Zeng Tuqiang returned quickly, carrying several sacks, and began filling them with stones, running back and forth repeatedly until he was exhausted.

Chen Fan was finally satisfied. He took his sister home and said before leaving, "Let him move it himself. Don't let anyone help him."

Zeng Tuqiang only stopped after he left.

He sat down on the ground and couldn't help but complain, "Bastard, are you deliberately torturing people? There's so much to do, it'll take two or three days to finish it."

Xu Jinqiu laughed and said, "Silly boy, keep it up! You're moving money. This little stone costs several thousand yuan. Others would love to have one."

"Stop teasing him."

Zeng Ali rolled her eyes at her, then went to call the bodyguards to help move the stone to courtyard number 19, which was allocated to Chen Yi.

Chen Yi had no intention of moving there.

After getting married, we lived in No. 15 Courtyard with my parents-in-law. Now we are used to the whole family living together, unlike in Hong Kong where young people prefer to live alone.

After moving their belongings, the family busied themselves preparing for Zeng Tuqiang and Chen Yi's wedding.

The wedding is set for the fifth day of the Lunar New Year!

On the third day of the Lunar New Year, people came from my hometown in southern Fujian. My great-uncle, great-aunt and all their family came. Among the people of the same generation were Chen Xiaotian, Chen Xiaolong and Chen Xiaoran.

The brothers Chen Xiaotian and Chen Xiaolong have been working on projects with the Xu Jinqiu Charity Foundation since the 1980s. They have made a lot of money over the years and built large villas in their hometown.

"Brother, I have something I'd like to ask you to discuss."

Chen Xiaotian took out a cigarette and lit it for Chen Fan: "My brother and I acquired a piece of land in Minxia. Do you think this is a good idea?"

Chen Fan took a drag of his cigarette: "You two brothers have your eyes on real estate too? You can definitely do it, but you need to calculate the time frame carefully. You can do it within 20 years, but you'll have to back out after 20 years."

“Twenty years is enough,” Chen Xiaotian said with a smile.

"Real estate can make you rich, but I'm afraid that when prices are high, you won't be willing to give up the huge profits, and you might get trapped. Hong Kong collapsed in the last two years," Chen Fan warned.

Chen Xiaotian nodded and said, "Brother, don't worry, we will definitely listen to you. We will only work for 20 years at most, and then we will switch to something else when the time is up."

"Just don't let the profit cloud your judgment."

Chen Fan nodded slightly and looked at Chen Xiaoran: "Xiaoran, how's business now?"

Chen Xiaoran married into Minxia, ​​and her business was facilitated by Chen Fan. She joined her uncle's home appliance store and now has several stores.

"Brother, it's great. The home appliance market is booming right now. It's just that in recent years, Suning and Gome have also risen to prominence, so the competition is quite fierce."

"That's how the market is; competition is a good thing."

Chen Fan took a drag of his cigarette and said, "Work hard, and next year we'll go back to our hometown for the Spring Festival. Everyone will go back then, and we'll bring the kids with us."

……

After the siblings chatted for a while, more guests arrived: Cao Yang, Xin Yingjie, Sun Ping'an, and Chen Jianshe, along with their wives and children.

Each person was carrying a local specialty product.

"You guys are really all together."

Chen Fan led the people to Courtyard No. 20. There were too many people at home, so this place was relatively quiet. The place was also tidied up, so they could stay there directly.

After brewing some tea, Chen Fan looked at Sun Ping'an and joked, "Brother Sun, this won't do. You've only been out of school for a few years, and you've already grown gray hair."

Sun Ping'an laughed and scolded, "It's been almost fourteen years, and you still think you're a young man. In the blink of an eye, your brother is almost fifty. Time really flies."

Sun Ping'an was already more than ten years older than his brothers.

As we get older, we have more to say. Back then, we struggled to get into university, and now we've all become division-level cadres. We've all achieved success in our careers.

That's good!
After chatting for a while, the women and children went for a stroll in the yard. Chen Jianye took out cigarettes and offered them to everyone, then lit one for himself, his face completely devoid of the smile he had just displayed.

Chen Fan frowned slightly: "You look so miserable, did something happen?"

"They've got us trapped!"

Chen Jianye looked distressed and took a drag of his cigarette: "It won't be easy to get out of here this time. If I end up in jail someday, you'll have to take good care of your sister-in-law and nephew."

P.S.: I went hiking yesterday. After showering, I wanted to rest a bit before writing, but I fell asleep and woke up at 3 AM. I'll be updating at 3 AM today and tomorrow to catch up on yesterday's post. Awkward!
(End of this chapter)