NBA backer king

Chapter 478 Decided to leave
"What are you running for?" Erya quickly grabbed Lao Wang's big hand and asked, "Aren't there two questions? What is the other one?"

"Oh, there's one more..."

Lao Wang sat down again, and talked about his idea of ​​organizing the 525 brothers who went back this time to start a project.

Da Ya and Er Ya nodded at the same time, thinking that this idea is very good.

In the evening, the three brothers and sisters were having dinner at a restaurant. Erya received a call. After saying a few words, she hung up the phone and said, "Recently, a large amount of international hot money has flowed into Southeast Asia, and there may be problems there."

One of her majors is business administration, so she made friends with a group of students from related majors. In addition, she also met a large number of business elites in Silicon Valley, and entered a large network of contacts.

"What's the impact on real estate?"

When Lao Wang heard about Southeast Asia, he thought of Mrs. John and asked quickly.

Arya analyzed and said: "I don't know the purpose of these hot money at the moment, whether to be short or long, but given the current economy in Southeast Asia, the bubble is very big, and it is too difficult to do long, so I guess it will be short.

Once short, with the size of Southeast Asia's economy, under the power of leverage, it can't stop the impact of massive international hot money, and the bubble will burst, which will quickly impact the real economy.And real estate, an industry with a very high asset-liability ratio, must be the hardest hit area. "

When she said this, she saw that Wang Tiejun's face was not very good, and asked quickly: "Old man, do you have real estate investment in Southeast Asia? Then deal with it quickly, the hot money is gathering, and the cost is very high. Once it is in place, it may be sold at any time. You can't delay for a day."

"It's not me, it's Mrs. John, the new owner of the Suns. She has a large real estate investment in Thailand." Old Wang said helplessly.

Ertou and Da Ya heard it, looked at each other, and shook their heads.

"Old man, it seems that you are going to change the boss again, why don't you leave the Suns and play for the Warriors?" Arya said.

"Let me remind Mrs. John first." Lao Wang took out his mobile phone.

"Hold on."

Erya pressed Lao Wang, and calmly analyzed: "If your boss, Mrs. John, is still staying in Phoenix, it means that she has limited information channels and has not obtained this information. The person who gave me this information has connections with Wall Street. Even if she rushes to Southeast Asia now, it will be too late."

"What should I do?"

Lao Wang scratched his head and said, "She is a local businessman in Phoenix, and her business is all there. The information channel may not be very good, and I don't know why she invested in real estate in Southeast Asia?"

"Call first and see her reaction." Da Ya reminded at this time.

Lao Wang nodded and dialed Mrs. John's number.

"Old K, I'm glad to receive your call."

"Mrs. John, now I have a piece of information that I think is very important to you, about Southeast Asia." Old Wang said directly.

"About Southeast Asia?"

Mrs. John was a little puzzled, and asked calmly: "Old K, I am very grateful for your call. I don't know what the message is?"

Lao Wang immediately told Er Ya about the message, and Mrs. John's expression changed drastically. Within a few seconds, her forehead was covered with sweat.

If it is true, not only her, but her family will also be in big trouble.

"Mrs. John, although my sister's source of news is not Wall Street, the person who provided the news is related to Wall Street. It should be unmistakable." Old Wang said.

"Old K, thank you so much! By the way, please thank your sister for me. I hope I have the opportunity to thank her in person." Mrs. John said tremblingly.

"So what are you going to do?" Old Wang asked.

Mrs. John was sweating profusely, but she forced herself to remain calm, and tried her best to think of a solution to the possible crisis.

She put 70% of the family's liquidity in Thailand's real estate market, totaling more than [-] million U.S. dollars, and borrowed [-] million U.S. dollars from Citibank. Now her and her family's assets in Thailand have all become unfinished buildings, and billions of dollars of assets have become Thai currency assets.

If this news is true, the economic bubble in Southeast Asia will be burst, and the economy will inevitably go down. With the fall of the Thai baht, her and her family's Thai assets will also shrink significantly.

What's more serious is that if her capital chain in Thailand is broken and real estate work is suspended, Citibank is likely to order her to repay the US$8 million loan immediately. This is the real big trouble.

Because her and her family’s business is not limited to real estate in Thailand, but other businesses also have a lot of bank loans. Once there is a problem in Thailand, it will definitely affect the entire family’s business. If other banks call for the repayment of the loan, the family may only go bankrupt.

For a moment, because the news was too sudden, she was at a loss and couldn't come up with an idea.

Lao Wang didn't hear Mrs. John's reply for a long time, so he asked Erya in a low voice: "Second sister, I don't think Mrs. John can do anything. Didn't you just ask me to handle some real estate investment? You have something to do?"

Erya said: "Hedging, if you are sure that you have funds to short the Southeast Asian economy, then sell short in the relevant financial market to offset possible crises. This is what hedge funds do. There is also the futures market, which is also a derivative financial market established to hedge the risks of the real market."

Lao Wang couldn't understand either, so he could only repeat: "Mrs. John, my second sister said that you can hedge risks."

"Hedge!"

Mrs. John only felt a bright light in her eyes.

That's a good idea, is, is this news really true?

However, she dare not gamble, because if it is true and she does nothing, with the current debt ratio of her and her family, bankruptcy is likely to await her.

……

Phoenix, at five o'clock in the afternoon, Colangelo Jr. suddenly received a call from his old colleague, former Suns head coach and current Celtics general manager Danny Ainge.

"Hey, Brian, hasn't Kidd been sold yet?" Danny Ainge asked directly after the call was made.

"You want it?" asked Colangelo Jr.

"Yes, use the Billups we just got, are you satisfied?" Danny Ainge laughed.

"Don't even think about it! A rookie who hasn't proven himself wants to trade Kidd? Danny, show your sincerity." Little Colangelo said angrily.

Danny Angie had no choice but to increase his bets, but the chips he threw did not satisfy Colangelo Jr., which made it difficult.

"Give me your first-round pick next year, plus Billups, and I'll give you Kidd." Colangelo Jr. gave his asking price.

"No, no, it's too expensive! It's too expensive!" Danny Angie shook his head quickly.

"Do you really think it's expensive? Forget it." Little Colangelo said with a smile.

"Slow down, slow down..."

Hearing that Colangelo was going to hang up the phone, Danny Ainge could only helplessly yell, saying, "Add a top seven protection, and then you send Chapman."

Little Colangelo made a calculation and agreed.

After the two parties agreed, the relevant players were notified.

When Kidd heard that he was going to the Green Team, he also readily accepted it. The Green Team does not have a second old K. He can completely control the team's organizational work, not just a puppet on the point guard like in the Suns.

As for Billups, he was also very happy to hear that his signing rights were traded to the Suns. After all, it was the defending team, and he had a chance to compete for the championship in his rookie season. He felt very lucky.

……

In the United States, on the night of July 20st, and in the morning of July [-]nd in Thailand, the financial situation changed suddenly, and a round of financial turmoil that spread to the whole world and took [-] years for the entire Southeast Asia to fully recover from the financial turmoil kicked off.

That night, Lao Wang chatted with Fei Ge for a long time, teasing his son Dabao to call him Dad on the phone.

Dabao is nine months old now, and he can say a few simple words, such as parents, grandparents, etc., and other babbling is not enough.

The next day, July [-]nd, early in the morning, he got up from the bed in the hotel, washed up, and went to have breakfast with Da Ya Erya.

"Thai baht plummeting?"

At this time, Erya received a follow-up message.

"Thai pig? Is there such a pig?" Pharaoh asked curiously.

Erya rolled her eyes at her brother and explained, "The Thai baht is the currency of Thailand, not a pig."

"Oh."

Old Wang nodded, and quickly asked, "Second Sister, did you fall a lot?"

"The fall was so severe that it was called an avalanche. The exchange rate of the Thai Railway against the US dollar fell by 17% in one day."

Erya was also very surprised, and said: "I didn't expect such a big move yesterday. It seems that Southeast Asia is in big trouble, and this time it is definitely big trouble."

Then she analyzed seriously: "I don't know the specific situation, and I'm not a financial professional, but falling so much in one day shows that the short sellers are very strong, they came prepared, and the bulls were weak to protect the market. They even didn't show any ability to protect the market against the Air Force, so there is a high probability that there will be large fluctuations in a short period of time. The next step is to see if Thailand can stabilize the financial market in time. If it stabilizes, it can also maintain the real economy."

"What if you can't?" asked the old man.

Erya said: "That's a big problem. All industries will be affected, and the real estate industry, which has a huge demand for funds and a very high debt ratio, will definitely be the hardest hit area, and some people will jump off the building."

"so serious?"

Lao Wang was stunned for a moment, wondering if Mrs. John had hedged.

Phoenix, Mrs. John is already sweating profusely.

"God bless, let old K call me." She made a sign of the cross on her chest.

She finally chose hedging the day before yesterday, but she never thought that such a big move in the foreign exchange market, this is no longer a fluctuation, this is an avalanche, and a financial storm may be brewing.

Fortunately, she allocated a sum of funds in time the day before yesterday, and short-sold Thai currency in the foreign exchange market before the market closed, and it was this operation that saved her and her family.

However, this operation cannot completely solve the current problem, but only prevents her capital chain from breaking and avoiding bankruptcy. She judges that this time the matter is not trivial, and she and her family will still face major losses.

It is the best result for her and her family not to go bankrupt this time. As for the loss, she is no longer thinking about it.

……

At this time, a chartered plane from the capital arrived in Los Angeles, and 500 Chinese youths got off.

Their same black T-shirts from the K Martial Art Museum, and the same suitcase, look very neat and mighty.

Wang Tielong, the general manager of the main library, has already rushed over from Phoenix, and picked up the airport with Liu Changjiang, the manager of the Los Angeles branch.

According to the plan, they divided this group of people into four and distributed them to the four branch libraries.

At this time, 525 people from the K Martial Art Museum who were preparing to return to China were also preparing to board the plane at the San Francisco airport, and Wang Tiejun's three siblings were among them.

"Ding ding ding..."

Just when Lao Wang was about to turn off the phone, the phone rang suddenly.

"Hello, Mrs. John?"

Seeing the number, he quickly connected.

"Old K, thank you and your sister very much, you saved me and my family, thank you very much." Mrs. John said sincerely.

"Well, Mrs. John, you are a VIP customer of the martial arts gym, and I just provided you with a piece of information." Old Wang smiled.

"But old K, there is a problem now, and I'm really sorry." Mrs. John said.

"What's the problem?" asked the old man.

"My family and I will suffer a lot this time. I guess we will not be able to fulfill our promise to you. I'm really sorry." Mrs. John said apologetically.

"The Suns?" Lao Wang frowned.

"Yes, if Southeast Asia continues to deteriorate, my family and I will suffer losses of more than one billion US dollars or even greater. My situation will still be very difficult, and I may even choose to sell some family assets, including the Suns." Mrs. John said.

"Well then, I see."

Lao Wang said helplessly, and then the two ended the call.

Although he was mentally prepared, he was still not reconciled. After all, he still couldn't complete the defending title with the Suns.

The next few years will be his peak period, and he cannot be wasted in the Suns.

"Old man, what's the problem?" Da Ya and Er Ya stopped and asked.

"Second sister, although Mrs. John made that hedge, she will still lose a lot, and she can't invest a lot in the Suns." Old Wang explained.

Er Ya nodded and analyzed: "Judging from yesterday's situation, there is a high probability that it will continue to fall sharply. She has no chance to deal with her Thai currency assets, and no one dares to buy them. That asset may end up with nothing, and her real estate company over there is likely to go bankrupt directly.

However, she took hedging the day before yesterday, so there should be a profit, and the capital chain will not be broken. The bank will not freeze her assets, and it will not affect other industries. The possibility of bankruptcy is small, but the loss must be huge. "

Lao Wang said: "She said that she might sell some assets, and it might include the Suns, but that's not necessarily the case. But anyway, she can no longer invest in the championship, and it doesn't make sense for me to stay in the Suns. Big sister and second sister, I can't go back now, I have to stay here, and I can go home after a while."

"Are you leaving Phoenix?" Da Ya asked.

"Leave." Old Wang nodded.

"Leave and leave, it's not sold to the Suns, you come to the Warriors to play, my eldest sister and I can watch a few more games of yours." Arya laughed.

"warrior?"

Lao Wang thought for a while, the Warriors seemed to have a good lineup, but the record was not very good, and the style didn't suit him. He was playing the small ball tactics left by old Nelson, so he would not come to the Warriors.

In this way, he sent away his two sisters and 525 martial arts brothers, and he stayed.

After leaving the airport, he discussed with Hawksman again and informed the current situation of the Suns. His agent also strongly advised him to leave the Suns.

Old Wang also knows that Hawksman has always wanted him to leave the Suns, preferably to the Lakers. He has never considered it before, hoping to complete a dynasty in the Suns, but now that the team has frequent problems, he has to really consider leaving.

……

In the next two days, Thailand's foreign exchange market completely collapsed, and Kylie John also despaired of Thailand's real estate companies.

A few days ago, her real estate company was worth nearly 20 billion U.S. dollars, but now, only [-]% of it is left.

The key point is that this is an asset in Thai currency, and it cannot be sold. It can only watch it plummet day by day, but there is nothing to do.

As a result of the continuous decline, the capital chain was broken, and the bank froze her assets. The consequences were unimaginable, and bankruptcy was inevitable.

The only thing that can comfort her now is the operation she did a few days ago. As the Thai baht continued to plummet, the short order was also making profits, so that her capital chain could continue.

Next she has to raise funds to pay off that $[-] million in debt.

In doing so, she and other businesses of the family can be prevented from being affected.

Following her order, the family immediately began to let the wind go, and wanted to dispose of a batch of assets.

She did not sell the Suns, because at this juncture, in order to leave some vitality for the family, she still needs a group of assets to preserve value. The Suns are just right, and all the properties to be sold are risky.

The news was immediately reported by the Phoenix local media.

Because of the Suns, this news was also reprinted by the media in some other places.

(End of this chapter)