Starting out as a drug dealer in 1988

Chapter 505: Prepare to Attack Again

Kuang Youzhi had roughly guessed his boss's intention, otherwise he would not have mortgaged the company's shares again to raise funds.

"Don't worry, I know everything." Zhao Wenhao said in a low voice.

Kuang Youzhi noticed that his boss seemed a little depressed, but he couldn't help but ask: "So where will our next target be? Do we need to make plans in advance?"

"Java!" Zhao Wenhao answered concisely.

At this moment, Zhao Wenhao's thoughts drifted back to a memory from the past.

It was this country that launched an anti-China frenzy in 1998 in order to divert the focus away from the various problems caused by the domestic economic downturn.

At that time, as many as hundreds of thousands of Chinese people suffered brutal persecution.

Unfortunately, faced with such a situation, Zhao Wenhao felt powerless and unable to change anything.

However, deep down, I always felt that I should do something for those innocent people.

For now, all he can do is deal a bigger blow to the country's financial system.

Therefore, he arranged to mortgage all of his shares in Hengyuan Electronics to withdraw funds.

Then, the country of Java was dealt a greater economic blow.

"Tell me in detail about the exchange rate trends in Najapa over the past year."

Zhao Wenhao shook his head violently as if he was suddenly awakened by something.

The slightly messy hair drew an arc in the air, and then quickly adjusted his somewhat scattered thoughts back on track.

Kuang Youzhi, who was standing aside, naturally had no idea what strange things his boss was thinking about at the moment.

But over this period of time, all kinds of financial information about the entire Southeast Asia region have been stored in his huge mind.

When Zhao Wenhao asked him about the relevant matters with a puzzled look on his face, he immediately answered quickly without thinking, like a well-trained professional:

"Since the beginning of the new year in 1997, the exchange rate between Java's currency, the dong, and the strong US dollar has remained stable at 2400:1.

Moreover, this relatively stable exchange rate situation continued until around July.

You know, even though Siam, which was also in Southeast Asia at the time, encountered a fierce financial crisis, the exchange rate changes in their country were not particularly large. At the most dangerous peak, it only hovered around 2700:1.

However, since entering the critical time point of October, the exchange rates between Singapore and Malaysia have begun to show signs of unpredictable fluctuations, and the exchange rate of Java has also begun to change quietly.

As of this special day, the exchange rate between Java's rupiah and the US dollar has become 3200:1."

Zhao Wenhao nodded slightly, a thoughtful expression on his face.

It seemed as if he was secretly lamenting that the ratio had dropped from 2400:1 at the beginning of the year to 3200:1 today. Such a change in ratio is not a small number.

The various economic secrets and market trends contained therein can probably only be deeply understood by those who are truly proficient in finance.

Just like Singapore in Southeast Asia, its economic system has always been relatively stable, with relatively small exchange rate fluctuations, usually maintained within a relatively stable range.

Malaysia, as another important Southeast Asian country, has exchange rate fluctuations that are not as drastic as those of some small countries, but it also has certain ups and downs, fluctuating by about 40%.

From the perspective of conventional economic logic, Java's exchange rate has already fallen so sharply that there seems to be no need to engage in short selling.

After all, in the current market environment and economic situation, continuing to short a country whose exchange rate is already low and faces many unstable factors will seriously tilt the balance between risk and return, making it difficult to obtain substantial profits.

However, there are always exceptions.

If some unpredictable major changes occur again within Java, such as sudden changes in the political situation, large-scale social unrest or sudden natural disasters.

These unforeseen circumstances may have the potential to change the economic trajectory of an entire country, thereby creating an opportunity for short sellers.

But as far as the current situation is concerned, it is indeed unrealistic to want to gain too huge benefits in Java based solely on the existing information and trends.

This is exactly what puzzles Kuang Youzhi the most.

He was well aware of Java's current economic situation and potential risks, but felt confused and uneasy about its future development.

But now, he has personally experienced many of his boss's seemingly incredible magical operations. Each time, he seemed to be able to find hope in despair, turn the seemingly hopeless situation around, and turn decay into magic.

Because of this experience, he developed a sense of awe deep in his heart and did not dare to raise questions easily, for fear that he would make mistakes in judgment and be severely slapped in the face by facts in the future.

"Go and prepare, don't worry about the rest."

Zhao Wenhao seemed to see through Kuang Youzhi's doubts at a glance. He did not choose to explain the reasons and the strategy behind it in detail, but just gave the order lightly.

He believed that with Kuang Youzhi's ability and experience, he should be able to understand his intentions and arrangements.

"Okay, Mr. Zhao. I'll arrange it right away."

Sure enough, although Kuang Youzhi was still confused, he turned around and left silently and began to prepare for related matters.

A few days later, time passed quietly like the gurgling of flowing water, and He Zhengsheng had successfully completed the communication matters.

He re-mortgaged the shares of Hengyuan Electronics controlled by Zhao Wenhao, and successfully exchanged them for an eye-catching $10 billion.

This series of actions was like throwing a huge rock into a calm lake, causing ripples.

For this reason, several other shareholders who seemed calm on weekdays seemed to be touched by something. They all went to find Zhao Wenhao and asked him seriously to give a reasonable explanation.

The Hong Kong stock market at this moment seems to be caught in an unpredictable storm.

The wind was howling, the waves were rolling, and the entire market seemed to be standing on the cusp of the storm, and could face a huge impact at any time.

At this critical moment, Zhao Wenhao actually pledged the remaining 30% of his shares.

This move was like drilling a big hole in the already precarious hull, which was equivalent to ruthlessly pushing Hengyuan Electronics' stock price even lower.

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