Starting out as a drug dealer in 1988

"Mr. Zhao, what's the matter?" Kuang Youzhi looked at Zhao Wenhao suspiciously.

Logically, what I just reported was all good news, and I didn't see anything wrong with it. But why did my boss look unhappy?

"It's okay, it's just expected." Zhao Wenhao shook his head vigorously, trying to stop himself from thinking about those annoying things.

Then he continued, "I predict there will be an even bigger drop. Let's not rush into it yet. Wait until the price drops enough before withdrawing. Only then will we truly reap the rewards."

"I understand!" Kuang Youzhi still couldn't suppress his inner excitement.

For him, the more the company earns, the more dividends he will receive at the end of the year.

So, he even hopes that the Thai baht exchange rate will continue to fall.

After all, judging from the current situation, Siam is powerless to recover.

Even if they want to solve the problem by borrowing money from outside, it will not be possible in a short period of time.

All investment institutions, including the World Bank, clearly see the current predicament of Siam.

Faced with such a situation, they naturally would not lend money easily, because this would undoubtedly be throwing money into a bottomless pit.

Unless Siam is willing to use its high-quality assets as collateral, it will not be easy to successfully overcome this crisis.

"I'm leaving first. Feel free to contact me if you have anything. That's all for today." Zhao Wenhao stood up and prepared to leave. He patted Kuang Youzhi's shoulder gently and encouraged him, "Come on! Keep working hard!"

Kuang Youzhi rarely smiled brightly.

Busy days always pass quickly, and a month has passed in the blink of an eye.

During this period, the Siamese government took active action, calling on domestic enterprises, units and individuals to participate in the battle to defend the national economy.

At the same time, the government has successfully raised funds through various channels and reinvested them into the market.

As a result, a fierce exchange rate tug-of-war broke out again.

On Zhao Wenhao's side, he was able to handle both situations with ease.

Whenever the exchange rate rose, he helped the Siamese government to raise the exchange rate;

When Western capital suppressed him again, he began to eat the soup and the meat again.

Although there are occasional missteps in such operations, the overall profit is still quite substantial.

"Mr. Zhao, today's exchange rate between the Thai baht and the US dollar is 45:1. Recent fluctuations have been relatively modest, generally staying between 42 and 48. This means our room for maneuver has become much smaller."

On August 8, Kuang Youzhi brought He Zhengsheng to report on their work.

"Mr. Zhao, the first interest payment on the 300 billion Thai baht you borrowed from Siam First Bank is about to expire. I wonder what your plans are?" He Zhengsheng asked cautiously.

"Oh? Are you here so soon?"

Zhao Wenhao was a little surprised. Time passed so quickly!

"Yes, Mr. Zhao. According to the contract, the first interest payment should be made on August 8. If you have no other arrangements, I need to prepare the funds in advance to ensure repayment on time." He Zhengsheng reminded.

Zhao Wenhao frowned slightly, lowered his head and pondered for a moment, then slowly raised his head, looked at Kuang Youzhi with a firm gaze, and said in a steady tone: "Mr. Kuang, I hope to recover 60% of the funds we invested.

For the remaining part, you can observe the market situation before deciding whether to continue investing.

If you feel the profit margin is limited, then withdraw all funds decisively.”

Kuang Youzhi nodded, his expression serious, and replied, "Mr. Zhao, don't worry, I know what to do. Please give me three days, and I will handle this matter properly and ensure the safe return of the funds."

Zhao Wenhao smiled slightly, nodded with satisfaction, and continued, "No problem, three days is enough. After the funds arrive, remember to carefully calculate and convert the US dollars into Thai baht according to the current exchange rate, and return the principal and interest to the bank.

The Thai baht has depreciated significantly at present. When we borrowed money from the bank, the exchange rate was 25:1, but now it has dropped to 45:1.

By this calculation, we can get nearly double the profit just from the exchange rate difference.

Haha, I'm afraid Siam First Bank will never cooperate with me again and will definitely put me on the blacklist!"

After saying this, Zhao Wenhao couldn't help but laugh at himself.

After hearing this, Kuang Youzhi and He Zhengsheng couldn't help but laugh out loud.

In fact, what Zhao Wenhao said was true. His operation caused Siam First Bank to lose hundreds of millions of dollars, so it was natural for people to feel resentful towards Zhao Wenhao.

If Zhao Wenhao and his companies still want to conduct business cooperation with this bank, it would probably be a pipe dream.

However, Zhao Wenhao didn't care about it.

Although the capital he invested was not as strong as those Western capitals, his personal financial resources were definitely among the best.

Those Western capitals are more like a complex composed of many investors or investment groups, and a considerable portion of the money they hold comes from other investors.

In contrast, Zhao Wenhao's funds belong entirely to him personally.

From this perspective alone, Zhao Wenhao can be said to have been a great success.

What's more, since he has participated in the short-selling of the Siamese currency and invested such a huge amount of money, this matter will be exposed sooner or later.

I believe that after this storm subsides, he and his company may be banned by the Siamese government and included in the unwelcome list, just like the famous figure of Quantum Fund.

Although he had foreseen this outcome, now that things had come to this, he could only face it calmly and not dwell on it too much.

"Okay, that's it. You can go and do your own things. I've been busy with work these days and have almost no time to spend with my baby daughter. Tomorrow is the weekend. If there is nothing urgent, please don't bother me."

After saying that, Zhao Wenhao slowly stood up and stretched comfortably.

Seeing this, Kuang Youzhi and He Zhengsheng tactfully left the office first.

Afterwards, Zhao Wenhao called Zhou Chen and told him to drive to the underground garage of the building and wait.

A week passed in a flash, and Kuang Youzhi and He Zhengsheng came to Zhao Wenhao's office again.

"Mr. Zhao, we have successfully withdrawn 34% of the funds, and the money has now been fully received. As for the remaining 60%, I plan to withdraw it all by mid-September." Kuang Youzhi reported the progress of his work to Zhao Wenhao in detail.

After Kuang Youzhi finished speaking, He Zhengsheng continued, "The loan from Siam First Bank has been repaid, and the interest has also been paid. However, as you might have guessed, Mr. Zhao, they have a lot of complaints about us."

"Haha, of course." Zhao Wenhao smiled bitterly.