Starting out as a drug dealer in 1988

Zhao Wenhao knew that doing so would definitely cause dissatisfaction from the other party, but it was also a helpless move.

After all, this is how business works, and everyone has to consider their own interests.

Since you have done so, you will inevitably bear the corresponding consequences.

It would be ridiculous if they don't have any opinion on you after you make so much money from the exchange rate difference.

"Also, I've calculated our existing funds. If we withdraw the remaining 40%, we'll have a total of $37.6 billion. Of course, this is just a rough estimate; the exact amount will depend on market conditions and exchange rate fluctuations. Furthermore, the final price at which the remaining 40% will be withdrawn remains undetermined."

Kuang Youzhi spoke again and handed over a report.

The report details the funds that have been received and the estimated value of the remaining 40% of funds that have not been recovered.

Zhao Wenhao took the report and read it carefully.

He secretly thought in his heart that if he could get all the money back, it would be a huge sum of money!

At the beginning, he had a total of 12 billion US dollars, and he borrowed 300 billion Thai baht from the First Siam Bank, equivalent to 13 billion US dollars.

Today, he has paid off all his debts, with $37.6 billion remaining.

This means that in nearly two months, his profits have tripled.

"Yeah, not bad." Zhao Wenhao nodded, acknowledging the work of Kuang Youzhi and He Zhengsheng. "Don't wait until mid-September for the remaining 40%! How about this, Mr. Kuang? Just withdraw it next week."

"So soon?" Kuang Youzhi was startled, then thought of something else, "Is Mr. Zhao planning to start taking action in other places?"

This time, Zhao Wenhao did not hide anything, but said very frankly: "Next, we plan to turn our attention to Singapore and Malaysia.

My guess is that Western investors will likely do the same thing. Therefore, we must prepare in advance to avoid missing out on opportunities and ultimately ending up with nothing.

Hearing this, Kuang Youzhi immediately became excited.

In fact, the exchange rate fluctuations in Siam have become relatively stable now, and it is almost impossible to continue to make high profits.

Therefore, turning to other regions at this time is undoubtedly the wisest choice.

Kuang Youzhi replied confidently, "No problem, Mr. Zhao. I will start arranging the relevant matters as soon as I return."

Then he threw himself into his work with great passion.

As the work tasks were assigned, Kuang Youzhi and He Zhengsheng also took action.

Not long after, all funds were successfully withdrawn.

Although the final result was slightly different from He Zhengsheng's initial prediction, the overall difference was not large.

The total profit was $37.5 billion.

This huge amount of funds was subsequently properly arranged, waiting only for Western capital to start short-selling Singapore and Malaysia so that they could seize the opportunity and take advantage of the situation.

September 1997, 9 was a sunny day, but for Singapore and Malaysia, this day was destined to be extraordinary.

Zhao Wenhao was busy processing documents in the office when there was suddenly a hurried knock on the door.

He looked up and saw Kuang Youzhi rushing in with a happy face.

"Mr. Zhao, good news! Good news!" Kuang Youzhi shouted excitedly, his voice full of joy.

Zhao Wenhao was delighted, knowing that the opportunity he had been waiting for had finally arrived.

But he remained calm and pretended to be puzzled and asked, "Boss Kuang, what good news can make you so happy?"

Kuang Youzhi said excitedly, "They've taken action! Just as you expected, Western capital has launched an attack in Singapore and Malaysia! Their exchange rates have already seen the first round of fluctuations!"

Zhao Wenhao smiled faintly and nodded gently, indicating that he understood the situation. "Well, it seems that everything is going according to plan. The foreign exchange reserves of these two countries are still considerable, and they should be able to hold out for a while. Let's not rush into action yet, continue to observe, and wait until they can no longer hold out, then follow up at the appropriate time."

Kuang Youzhi clenched his fists tightly, his eyes flashing with excitement.

He replied, "I understand. I have been closely following the development of the situation, waiting for the moment when they reveal a flaw."

The two smiled at each other, full of confidence in the future.

They know that this financial storm is about to cause even bigger waves, and they will become key players in this storm.

A few days later, on October 10, Malaysia was the first to give up and the exchange rate plummeted.

New Century Investment Company promptly followed Western capital and began short selling.

A few days later, the Po Kingdom was also defeated.

Zhao Wenhao once again seized the opportunity and began routine operations, just like in Malaysia.

In this way, nearly three months later, the exchange rates of the two countries fell sharply. Although it was still not comparable to Siam, it had dropped by about 36%.

Zhao Wenhao still followed the previous operation, doing T back and forth, and the final profit was only 75%.

As of December 1997, 12, his cash holdings had reached $30 billion.

"Mr. Zhao, all the funds have been recovered. What is our next goal?"

Kuang Youzhi looked at Zhao Wenhao with anticipation, his eyes gleaming with excitement.

He knew very well that Zhao Wenhao had a unique vision and that every decision he made could bring huge benefits.

Just like this time, the boss said that the next step for Western capital would be Singapore and Malaysia. The result was just as the boss guessed.

And because of the early planning, they made a lot of money this time.

Now, he can't wait to know what Zhao Wenhao's next plan is.

"Director He, please contact Citibank right now. I plan to mortgage all of my shares in Hengyuan Electronics to them. Then ask them what the maximum amount of US dollars they can lend me is."

Zhao Wenhao did not respond to Kuang Youzhi's question, but turned around and gave instructions to He Zhengsheng.

"Mr. Zhao, the stock price of Hengyuan Electronics has fallen a lot in recent times. Based on my experience, I should be able to borrow about 10 billion US dollars." He Zhengsheng replied after thinking for a moment.

Zhao Wenhao had a rough idea in his mind, so he immediately said, "Then you should go and negotiate with Wells first to see how you can get more funds. If you can do that, that would be great. If there are any new developments, remember to report to me in a timely manner. I will call Wells personally."

"Understood, Mr. Zhao."

He Zhengsheng thought to himself that it seemed that Zhao Wenhao was going to burn his boats and make another big move.

As for who the next target would be, he had no idea.

However, judging from a series of previous operations, Zhao Wenhao has always maintained an undefeated record.

So, he doesn't need to remind himself or others too much.

"Mr. Zhao, do you really want to take a gamble?"