Transmigrating to Book 50, others hoard rice, I hoard money
Chapter 595 The older you get, the greedier you become
There will be a major financial crisis this year. In June, Zhou Rong suggested that Xu Hanhua, Tang Zhaoshan, Guo Delin and others sell their stocks of all companies in Asia one after another.
In everyone's mind, Zhou Rong is a prophet. If she says the stock market is going to fall, then it is not far from falling.
In order to prevent their assets from shrinking and to make a small profit, everyone obediently sold their stocks.
Zhou Rong’s own investment company also liquidated the corresponding stocks.
When Zhou Rong and his friends bought the stocks, it was after the financial crisis in 87, when the stock price was low. Now they are selling the stocks at a high point, making a lot of money, easily earning hundreds of millions of dollars...
In the second half of 97, a financial crisis broke out in Asia. Zhou Rong did not join those international financial robbers in "taking advantage of the fire" to plunder the wealth of those Southeast Asian countries.
Japan was severely affected by this financial crisis, and a series of banks and securities companies went bankrupt one after another. Zhou Rong did not like this country, so he took Xu Hanhua and others to take advantage of the opportunity to make a fortune.
When international speculators attacked the Hong Kong stock market, Zhou Rong asked Xu Hanhua if he wanted to experience the feeling of losing money.
Xu Hanhua: "You want to save the market?"
Zhou Rong: "Well, although it's a drop in the bucket, I want to give it a try. Hong Kong has already returned. If we lose it, the domestic economy may also be affected.
The country has gone through many twists and turns and hardships to develop to where it is today. I hope it will get better and better so that we can live and work in peace and contentment. If I am able, I want to do my best to help.”
In the past year, the foreign exchange and financial markets in Southeast Asia have been in chaos, currencies of various countries have depreciated sharply, many large enterprises have closed down, workers have lost their jobs, and the social economy has been depressed. Hong Kong is the next target of international speculators, and it may become a "super ATM" for those who are confiscating properties.
Many of the clients of my own investment company and real estate company are from Hong Kong. Once the Hong Kong financial system collapses, the two companies will definitely be affected.
Xu Hanhua: "I haven't tried losing money yet, so let's give it a try!"
When international speculators were selling off Hong Kong dollars in large quantities and shorting Hong Kong stock index futures in an attempt to profit from it, Zhou Rong and Xu Hanhua, with their own investment company, worked with the government to rescue the market, purchasing large quantities of stocks and raising stock prices, causing international speculators to suffer losses in both the stock market and futures.
At the same time, the government used US$40 billion in foreign exchange to sell US dollars and buy Hong Kong dollars in the spot and forward foreign exchange markets to prevent the Hong Kong dollar from falling in value.
After several rounds of "hand-to-hand combat", the international speculators ran out of ammunition and food and fled in panic. Hong Kong won the final victory and preserved the fruits of decades of development.
Zhou Rong and Xu Hanhua lost all the billions of dollars they made in the stock market, but the stocks they bought eventually made a profit of nearly 99 billion US dollars after the Hang Seng Index broke through points in ...
The mobile phones and pagers of "Fanshuo Technology" have a certain market share in Hong Kong and overseas. Affected by the economic crisis, overseas orders have plummeted.
Fortunately, the domestic market was not affected, and the order volume of the telecommunications company in which the investment was made also increased. The overall rate of return of "Fanshuo Technology" was 85%.
This year, only one commercial complex project in Jiangcheng has been capped and sold by a real estate company. The wage level in the inland areas cannot be compared with that in coastal cities. Many people still rely on their companies to allocate housing, so even if they have money, they will not buy a house.
The sales of the commercial complex were not ideal, with only half sold.
Now, those who remain in the fund company are their relatives who trust and support them the most. Zhou Rong and Xu Hanhua don’t want them to suffer any more. At the same time, they leave enough cash flow for themselves. After clearing out their stocks at the highest point in the stock market, they did not use the money earned by the fund company in the stock market to rescue the market.
Even though Fanshuo Technology and the real estate company did not make much money, the fund company's return rate this year was 270%.
When Xu Hanhua announced this figure at the investors' meeting on January 1998, 1 (the 18th day of the twelfth lunar month), everyone was very happy.
Zhou Qinghong immediately stated that he would use the proceeds to buy another house.
The 270% rate of return has enabled several people who had no money to buy a house last year to scrape together enough money to buy a house, and they all raised their hands and said they wanted to buy a house.
The commercial complex in Jiangcheng was launched in May 97. Some people had bought houses before but had no money to renovate them, so they wanted to withdraw part of the profits to renovate their houses.
Some people also want to use the money to marry their son or daughter.
As Zhou Jiaguang does not have enough money, he has only renovated the four-bedroom, two-living-room apartment. Zhou Jie has a boyfriend and if nothing goes wrong, they will get married on May Day next year.
Zhou Qingze also has a girlfriend and plans to get married at the end of next year.
Zhou Jiaguang took out 60 yuan to renovate his daughter and son's houses, and used the remaining money for their marriage.
The amount everyone withdraws will not affect the company's cash flow. Zhou Rong and Xu Hanhua have no objection and let everyone go directly to the finance department to withdraw the money.
While all his family members are here today, Zhou Jiaguang invites everyone to come to his house on January 1 (the 24th day of the twelfth lunar month, Saturday) to help warm the house.
The country had already implemented a two-day weekend on May 95, 5, so everyone had a holiday and went to congratulate, even some relatives of the Xu family were present.
Everyone gathered together, drank and talked happily, telling interesting stories in their lives, having fun and laughing...
Zhou Jiaguang invited Zhou's father and mother to spend the New Year at home, and he suggested that they live at home for a long time, saying that he had finally moved into a big house and must be filial to his parents and repay them for their upbringing.
When visiting his parents for New Year's greetings on the second day of the Lunar New Year, Zhou Rong praised Zhou Jiaguang in front of Zhou Jiahua, Zhou Jiafu and others, saying that he was the most filial child in the family and that he had brought his parents over as soon as they moved into a bigger house, expressing his filial piety with practical actions instead of just talking about "filial piety".
Chen Moli felt that Zhou Rong was trying to point them out with words, and immediately said that she and Zhou Jiafu would take time out every week to visit Zhou's father and mother, and would also pay for part of their living expenses.
If Zhou's father and mother are willing, they can also live in her house.
Zhou Jiahua, Xie Cuilian, Zhou Gui and Zhou Cai also reacted and said that they would visit their parents often and were willing to take the two back to live in their own homes.
During the time when Zhou's father and mother lived in Zhoujiawan, the people who had the most contact with them were Zhou Rong and Zhou Jiaguang. They would call them using BP or chat on the phone almost every day.
The two knew that their children all had their own jobs and families to take care of, and they were not paralyzed, so just greeting them during the holidays was enough, and they didn't ask for anything else.
Zhou Jiahua, Zhou Jiafu, Zhou Gui and Zhou Cai also did the same, regularly sending them food and daily necessities or calling to show their concern.
But the older you get, the greedier you become.
Zhou's father is 89 years old this year and his mother is 87. They both feel that their health is not as good as before and they don't know when they will collapse. They hope their children can spend more time with them.
Zhou Chuanguo, Zhou Chuantai, Zhou Chuan'an and Zhou Chuanyi died one after another in the past few years. Zhou Chuanjing fell in October 97 and died a few days later.
Zhou's father and mother didn't want to be without a child to take care of them if something unexpected happened to them, so they wanted to move to the city, but they were too embarrassed to say it out loud because they were worried that people would dislike them and think they were troublesome.
Now that Zhou Rong has brought it up, Zhou's father and mother are very happy and tell everyone not to give them living expenses, as they have pensions and are not short of money to spend, and all they need to do is spend more time talking to them.
Regarding the issue of elderly care, Zhou's father said that he has three sons, and each son can live in his home for a month without bothering his daughter, otherwise others will laugh at him for raising sons in vain.
Everyone agreed. From then on, Zhou's father and mother took turns living in Zhou Jiahua's, Zhou Jiafu's, and Zhou Jiaguang's homes. Zhou Rong, Zhou Gui, and Zhou Cai would visit them whenever they were free...
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