In the evening, Fu Guangzheng drove to pick up Feng Yu and returned to Fu Rongjin's mansion together. It's said to be a mansion, but it's actually not that big. It's a two-and-a-half-story villa, less than 300 square meters, with a small greenhouse and a garage, but no swimming pool.
If nothing else, it's not half as big as Song Laosi's single-family villa, but in Xiangjiang where land is at a premium, no one below a billionaire can afford to live there.
Upon entering, Feng Yu handed over a bottle of red wine, which is a common social etiquette among Hong Kong's upper class.
Hearing that Feng Yu wanted to sell him a piece of information, Fu Rongjin felt that Feng Yu had no ability. When he saw Feng Yu coming with red wine, he felt even more disdainful. This Feng Yu was just like an ordinary junior from a Xiangjiang merchant family. Didn't he have to be respectful when he saw him
Without my Fu Jia, the profits from humidifiers and other products would be reduced by at least more than half. Feng Yu would not dare to compete with my Fu Jia!
"Xiao Feng, I heard Guang Zheng say that you plan to speculate in foreign exchange, and you also have good news to sell to me?" Fu Rongjin's attitude was very arrogant.
"That's right, Uncle Jin, this news can make the Fu family make a lot of money within two months, with a profit of at least 50%. Two months, 50%, do you think this news is valuable? "Feng Yu said confidently.
Fu Rongjin narrowed his eyes. With 50% profit in two months, does Feng Yu have any news that a certain country's currency will appreciate or depreciate significantly
"Are you talking about the appreciation of the yen?" Fu Rongjin felt that the most volatile international foreign exchange in the market at present should be the yen. But he also already knows that the yen will continue to appreciate, and this news has little value.
Feng Yu shook his head: "I mentioned the Japanese yen to my son. Although it makes money, it may not have 50% profit in two months, and there are still fluctuations. It may not make money. What I said will happen in two months." Huge increase within a month!”
Fu Guangzheng's heart moved, and he suddenly thought of what Feng Yu had said to him at noon. Feng Yu exchanged a large sum of rubles from the Soviet Union. Is the ruble going to appreciate
Feng Yu continued: "The ruble, the ruble is going to appreciate! Starting last year, the Soviet Union announced that it would change from a fixed exchange rate to a dual exchange rate system. In the foreign exchange market, the price of the ruble has been fluctuating, even slightly during this period. There has been a decline. But I just came back from the Soviet Union and got a big news. The Soviet government wants to promote the appreciation of the ruble to prevent domestic inflation. Now in the foreign exchange market, the exchange rate of the ruble to the US dollar has fallen to 0.8:1. This is A new low in the past two years. The Soviet government is preparing to bring the exchange rate back to 0.6:1 at the end of last year, or even reach 0.5:1. How much profit do you think there will be?"
Fu Rongjin took a puff of his pipe and pondered.
Of course he knew that the ruble was depreciating. The Fu family also had business in Europe. But now Feng Yu says that if the Soviet government wants to promote the appreciation of the ruble, it should not be too difficult with the power of one country. It doesn't even need to be pulled. As long as the dual exchange rate system is abolished, the value of the ruble will naturally recover.
He suddenly thought that during the recent period, his eldest brother Fu Rongqi always went to Europe, saying he was investing, but was he investing in rubles
My eldest brother likes to speculate in foreign exchange and can make a lot of money every time. But he rarely brought his three brothers with him. Fu Rongjin had long complained about his eldest brother, but his eldest brother was the boss and leader of the Fu family. His assets are several times that of their three brothers combined. He dares to be angry but dare not speak out.
Could it be that this time the eldest brother is going to check the ruble market and prepare to start speculating in rubles? This must be the case, and the eldest brother is still not prepared to take the three brothers this time!
Huh, the old man liked me the most back then, if it weren't for you being the boss. How come it is your turn to inherit a large share of the family property? If the old man had left most of his family property to me, the Fu family would have become the largest family in Hong Kong now!
Don't you Fu Rongqi always lecture us, saying that I am not suitable for finance, especially foreign exchange? This time I will show you that I, Fu Rongjin, am no worse than you in foreign exchange!
"Xiao Feng, our family already knows about this. You should know that my boss likes to speculate in foreign exchange. He has a financial analysis team of dozens of people. But you are kind enough to tell me, and I should give you some. In return. So, this time I give you one million dollars to buy your news, what do you think?"
Fu Rongjin secretly laughed in his heart. Feng Yu was still young. Now that the news was revealed, it would be worthless.
Fu Guangzheng looked at his father in surprise. The price of rubles was going to rise. When did his father know about this? Why didn’t I know that my uncle was speculating in rubles? What Feng Yu wants is a dividend of 100 million, but his father is only willing to give him 1 million U.S. dollars. With such a big gap, can Feng Yu agree
"Uncle Jin, instead of giving me one million U.S. dollars, why not sell me your shares in AIWA and I can pay you five million U.S. dollars." Feng Yu expressed his thoughts.
Fu Guangzheng thought to himself, sure enough, Feng Yu still wanted AIWA's shares. The price was very high, but he didn't know how his father would answer.
Fu Rongjin raised his eyebrows: "Hey, I gave the shares of AIWA to the boss Guangzheng. As a father, I can't take away my son's things. Guangzheng, please spend these few days with Xiao Feng. Come to Xiangjiang, your business in the Mainland is thanks to Xiao Feng for taking care of you."
The implication is that the Fu family is taking care of Feng Yu's overseas business.
Feng Yu sneered in his heart, the opportunity has been given to you, but you don't know how to grasp it, so don't blame me if you are cheated this time!
"Forget it, Uncle Jin, since the Fu family already knows the news, what's the point of charging me any more money? Hey, I can smell the aroma of food, can we start dinner?"
"Hahaha, okay, let's eat first and talk about other things later." Fu Rongjin was very satisfied with Feng Yu's "interests".
After the meal, Fu Rongjin arranged for a driver to take Feng Yu back to the hotel, but this time Fu Guangzheng was not even allowed to do so. This second child doesn’t understand business at all. Which is more important, loyalty, or making money from business? When you make enough money, your lost friends will come back to you.
Fu Rong entered the study, made several calls to financial brokers he was familiar with, asked about the ruble's exchange rate at this time, and then asked whether the ruble's exchange rate would rise if the Soviet government pulled the ruble.
The financial broker thought about it and answered yes. A skinny camel is bigger than a horse. Even if the Soviet Union's economy is in recession, it can still control its currency exchange rate. What's more, the Soviet Union exports a large amount of gold this year, and the price of gold is also rising. The Soviet Union can still make a lot of money. .
The poor financial broker only answered that if the Soviet government pulled the ruble, the ruble exchange rate might rise, but he did not say that the ruble exchange rate would definitely rise.
Fu Rongjin's greed has made him unable to notice the risks involved. He was very satisfied with the financial broker's answer. What Feng Yu said was true, and the ruble was really going to rise. He wants to play a big game this time, invest all his liquidity, use futures leverage, and make a big profit!
Feng Yu, a mainlander, doesn't understand what foreign exchange speculation is. He doesn't even know the principle of leverage. Fifty percent profit? At least 500%, or even 1,000% profit!
I deserve Fu Rongjin to make a lot of money! (To be continued.)
PS: Don’t waste your monthly tickets~