Film and television urban drama starts from Nothing But Thirty

...

Soon the cocktail party was over and we arrived at the hotel entrance.

Chen Fang said hello to Tan Zongming, then drove Wang Baichuan and Andy back to Ode to Joy. On the way, Chen Fang thought for a moment and said.

"Wang Baichuan, you should start setting up the live broadcast company tomorrow... You will be responsible for the personnel and venue. I will go there after I am done with this period of time."

Chapter 145

"If you encounter any problems, you can ask Yao Bin for help. He is also a shareholder of the live broadcast company."

"Okay, Mr. Chen, I will handle it seriously and will not let you down," Wang Baichuan knew that Chen Fang was promoting him, and now he was ready to follow Chen Fang.

Andy was a little confused, but he held back and thought about asking after Wang Baichuan left. Wang Baichuan got off at an intersection and planned to take a taxi back. After the last car rental incident was exposed, he was embarrassed to drive the BMW 3 Series again.

While waiting for the elevator, "Chen Fang, what kind of live broadcast company are you planning to start? Can you tell me about it?" Andy was very interested in these new things, and also out of concern.

"At this stage, our main focus is to cultivate internet celebrity accounts and anchor business, and later we will monetize through live streaming with goods..." Chen Fang told Andy about the routines of the live streaming company, and he would definitely not tell this secret to anyone else.

"By the way, Andy, don't tell these things to others..." The "others" here mainly refer to Tan Zongming.

After Andy heard what Chen Fang said, her eyes lit up! She felt that this path was very feasible and would definitely be successful in the future. Because of the popularity of 4G networks, many young people now hope to have short video business...

"Don't worry, don't you trust me?" Andy said with a smile.

Soon the elevator reached the 22nd floor. Andy said "bye" and walked out of the elevator. She was really tired today and had wanted to rest for a long time.

When Chen Fang returned home, Qiu Yingying was already waiting for him.

"My dear, you are back! I have been waiting for you for a long time..."

Qiu Yingying was the same. She refused to go when she was asked to go. Now she started to complain about the long wait. In fact, she was mainly afraid of embarrassing Chen Fang. She felt that she knew nothing.

"Okay, I'll reward you later..." Chen Fang showed a wicked smile.

...

After making love, Chen Fang hugged Qiu Yingying and said.

"By the way, the company may be very busy recently, and I may not be able to go home. If you have anything to do, please come to the company to find me..." Chen Fang stated the next arrangements to avoid having to look for him all the time like last time.

"Yeah, okay! I will. When I'm free, I'll go play with Sister Andy. Good luck, dear." Qiu Yingying knew that her boyfriend was going to get busy with work, so she wouldn't be so unreasonable.

On the second day, Chen Fang arrived at Future Finance.

"Yangyang, are the leveraged financing and other things ready?"

"Mr. Chen, everything is ready! 3.5 million US dollars plus 50 times leverage can be used at any time..." 50 times leverage is nothing in foreign exchange trading. This time Chen Fang is ready to play it safe and only asked for 50 times leverage.

"That's good. Notify everyone that all traders will eat and drink in the company for the next week! No one is allowed to leave without permission. Success or failure depends on this time... Also notify Chen Lixuan to prepare for the logistics work."

Yangyang was very excited when he heard that, the company was going to do something big this time, and it seemed that Chen Fang attached great importance to it, because there was no eating or drinking in the company last time. It seemed that the situation was promising.

"Okay, Mr. Chen, I will arrange it right away. I will report the relevant situation to the general manager." Yang Yang was also very curious about the future of finance. The general manager was basically a logistics manager, or it would be more appropriate to call him an administrative manager, but this was not something she should consider.

The United States is about to officially start raising interest rates!

Once the United States starts raising interest rates, foreign capital in China will immediately return to the United States with large amounts of U.S. dollars!

At the same time, as these foreign capital withdraws.

Various problems have also begun to appear in China's domestic economy.

But in the end, with the strong support of relevant Chinese departments, the economy slowly recovered, and the final loss was not great. The effective acquisition method of the United States did not benefit China, and in the end it could only benefit from it.

But now is a good time for Chen Fang to speculate. It is normal for 3.5 million US dollars to multiply several times.

Chen Fang clearly remembered that the exchange rate of U.S. dollars to RMB had fallen from a peak of 1:6.32 to 1.675 in just over a month!

The drop in one month was more than 6%!

Such a decline is not a good thing for a stable country like China, or even a superpower!

It’s definitely very big!

However, the final result of this exchange rate war.

It still ended with the Central Bank of China completely defeating all the short sellers including the United States!

Because China's size is not comparable to that of a chicken in a basin or those small countries in Southeast Asia, so those short sellers are doomed to fail.

Unlike stock and futures trading, which can only be traded for four hours during the day, foreign exchange trading can be traded almost 24 hours a day and is mainly divided into three time periods: Asian session, European session, and American session.

So now that he is ready, Chen Fang is ready to start. Foreign exchange is a very familiar thing to Chen Fang, and that’s how Nothing But Thirty made his fortune.

Chen Fang focuses on the USD/CNY pair with the largest trading volume.

USD/CNY is currently fluctuating around 6.3251, with a fluctuation range of only four or five points.

One lot is $100,000, and you only make $10 per point, which seems like a small amount.

But don't forget, there is leverage.

The net worth exceeded 50, and Huaxin gave Chen Fang a leverage of times, and the leverage could have been even higher.

According to the principle of margin trading, a lot of USD/CNY worth one hundred thousand U.S. dollars can be purchased with only 2000 U.S. dollars. A slight fluctuation in the exchange rate can result in a profit of to percent. This is an unlimited transaction.

Just making a few waves can make a lot of profit.

And you can also short sell.

You can make money regardless of whether the market goes up or down.

Chen Fang now has 175 billion U.S. dollars available, which are basically leveraged, which means he can go long or short on about 17.5 foreign exchange short or long orders.

"First, short USD/CNY 3 lots, complete quickly!"

"Yes!"

The traders quickly started to act. After placing 30,000 short orders, there was no ripple at all and the market continued to fluctuate. From what I remember, the market should be falling now.

The market's reaction came out soon, and I stopped talking nonsense.

"Place another short order of 14 lots, hurry up..." Chen Fang said loudly. Fortunately, there is such a trader, otherwise Chen Fang would be exhausted by buying so many orders.

1 lots, 2 lots, 5 lots...

Soon Chen Fang's short order was completely executed. Now he can only leave it to fate. Although the short trend is already established, the People's Bank of China has not yet taken action, and the exchange rate will fall step by step.

Yangyang was stunned. His boss was too courageous. It was more like a gambler than courage.

Chapter 146 Great Harvest

The profits soon became apparent, and the decline continued to increase, approaching 1.63240, with a decline of nearly 18 basis points and a profit of over million US dollars.

However, Chen Fang just took a glance and continued to check the news about the interest rate hike in the United States. It would be more accurate to say that it was the central bank of the United States rather than the government, because the United States has no control over the central bank of the United States.

...

Obviously, this is wishful thinking!

But there is no other way. Financial means don’t work, and the United States has no face in the world anyway.

Otherwise, with the United States’ system, if it cannot reap the wealth of other countries!

Then they will have even more serious problems themselves!

A week later, the People's Bank of China also took action, eventually defeating many international speculators and some hedge funds.

.....

The account of Future Finance has also increased from 3.5 million US dollars to 40 billion US dollars, a full 10-fold increase. It can be said that the name Chen Fang will soon become famous in the entire Shanghai financial circle.

"Mr. Chen, you are so precise!" Every time he can sell the short position in advance before the price rises, and buy the long position in advance before the price falls. Yang Yang now has only two words to describe his admiration.

"Thank you all for your hard work this week! I will go back and have a rest today. I will give everyone a big red envelope after the funds arrive..." Chen Fang said with a smile. The profit this time was 200 billion Chinese yuan. It can be said that no company in Shanghai can match his cash flow.

"Don't worry, Mr. Chen, this is what we should do!"

"That's right, Mr. Chen is the one who works the hardest. He has to watch the market and pay attention to the returns."

"Yes, yes, Mr. Chen is the most powerful one."

The traders started talking one after another, because it was time to get off work, everyone was free and not as restrained as before. It was only afternoon, so it was still early.

"Yangyang, tell Huaxin that the funds must be deposited into the account as soon as possible."

Chen Fang has a great use for this money and wants to get it as soon as possible.

"I'll urge them to handle it, don't worry!"

After saying that, Chen Fang was ready to go back to Ode to Joy. He had been in the company for a week and was already feeling a little uncomfortable. He thought it was better to be at home, and he didn't know how his girlfriend Qiu Yingying was doing.

Qiu Yingying has been with Andy these days. She doesn't want to disturb Chen Fang's work because she doesn't understand those things and doesn't want to cause trouble. It would be good to take this time to get closer to him.

"Sister Andy, Chen Fang is back and asked us to have dinner together! He also asked you to call Brother Tan," she was very happy when she received Chen Fang's WeChat message, because her boyfriend was finally done with his work.

"Okay, I'll call Old Tan right away..." This Brother Tan was the one Tan Zongming asked Qiu Yingying to call him. Anyway, they were relatives.

"Old Tan, let's have dinner together tonight. Chen Fang will treat us."

"Okay, I just happen to have something to ask him as well." Tan Zongming on the other end of the phone hadn't yet recovered from the news he had just received when Andy called.

Just now, his friend in the investment bank told him that an investment institution called Future Finance made a profit of more than 35 billion US dollars in this exchange rate war. He knew very well that the boss of this investment institution was Chen Fang.

It was still quite early when they arrived at the hotel. After seeing Chen Fang, Qiu Yingying kept sticking to him, which made the two people opposite her feel it was an eyesore. Although Andy and Tan Zongming were a couple, they still felt a little uncomfortable being in public.

"Chen Fang, have you finished your work? How have your recent achievements been? You seem happy..." Andy asked with concern. Tan Zongming next to him also wanted to know the details.

"We made a small profit from the recent foreign exchange war... I think the net profit is about 35 billion US dollars... That's about it." Chen Fang told a few people about the recent situation. Qiu Yingying was stunned. She didn't know what to say. She could only sigh that Chen Fang was too outstanding.

"Good, very good! You are worthy of it. I have never seen anyone better than you in the field of finance... This title belongs to you." Andy praised his younger brother. Because of what happened before, it seemed that this was not unacceptable.

"It seems that Old Tan, you knew the news in advance. By the way, how about the last time we talked about Shengxuan's financing?" Chen Fang looked at Tan Zongming as if he was not curious. He thought that he knew the news in advance. It was not surprising that he knew the news since the circle in Shanghai was so small.

"I heard about it from a friend in an investment bank, but he didn't know who it was, only that it was called Future Finance! As for Shengxuan's financing, let Andy tell you..."

Tan Zongming said truthfully that it would be better for Andy to talk about the financing issue because of their relationship.

Andy hesitated for a moment, then spoke.

"Shengxuan currently has various businesses in real estate, finance, and 3C, with total assets of approximately 600 billion Chinese yuan, but of these, liabilities are 200 billion, and the available liquidity is seriously insufficient! The shares are distributed as follows: Lao Tan holds 40%, the other five shareholders hold approximately 5%, and the rest are in the hands of some institutions."

Andy told Chen Fang the truth about Shengxuan's situation. Of course, this was also agreed by Tan Zongming, otherwise she would not dare to tell him these things. Although Chen Fang was her brother, she still had to have professional ethics.

Chen Fang nodded. It was not far from what he had guessed. The actual assets were about 400 billion, but it was a high-debt model. Fortunately, Shengxuan was not entirely a real estate company, otherwise, with 600 billion in assets, it would have to have 550 billion in debt.

"Old Tan, let me be frank. I plan to invest 50 billion Chinese yuan. I don't know how many shares I can get..." This was already budgeted, and this part was intended to be left to Andy.

Even if it was just to give her support, she was still the original body's biological sister after all, and money in the film and television world could not be brought with you when you were born and could not be taken with you when you died, so Chen Fang was very generous.

"I have to go back and convene a board meeting, but I can assure you that it will not be less than 15% of the shares...but we still need to discuss the follow-up situation." Although assets are assets, everyone knows the details.

"Okay, I'll wait for your news."

This matter is not a trivial matter and it cannot be completed in one or two days. It requires multiple negotiations. Anyway, Andy will represent him in the future negotiations. He has important things to do in Yanjing.

Chen Fang is very envious of Toutiao's shares. Although ByteDance will definitely not raise funds again, it does not mean that its shareholders will not cash out and leave.

Chapter 147 Fan Shengmei's Thunder Exploded

"Yingying, how about we go to Beijing for fun in a couple of days?" Chen whispered in her ear. Although he was going to Beijing for business, he could still take her with him to play.

"Really? Yeah, yeah, I've been wanting to go out and play for a long time." Qiu Yingying happily agreed. She was happy at the thought of going out and playing, let alone with her boyfriend.

She couldn't get a word in what the others were talking about just now, which made her sit there in silence. But she wasn't angry, thinking that she had to improve herself in the future so that she could better help Chen Fang.

But now when I hear that we should go out and have fun, I no longer care about enriching myself.

"By the way, Andy, you will attend the follow-up negotiations on my behalf. I may go to Beijing..." Chen Fang thought about it and decided to tell Andy to avoid being anxious.

"No problem, leave it to me!" Although there were some minor violations, it was nothing for Andy and Tan Zongming.

"Come on, let's toast to Chen Fang and congratulate you on your great achievement..." Tan Zongming was the oldest and suggested that they celebrate for Chen Fang together.

"Don't be polite, we are all relatives... just keep a normal attitude."

They had a very pleasant meal, especially Qiu Yingying and Andy. Recently, Andy had become more talkative during conversation and was not as stiff as before.

...

Fan Shengmei has been living a very painful life recently. Her mother calls her every day and asks her to send money back home, and each time she has to send several thousand yuan. She says it is the family's living expenses, but in fact it is all other people's medical expenses.