The Shanghai Stock Exchange was established earlier than in the previous life. Feng Yu was mentally prepared for this. Although the international stock market was not very good at this time, China's stock market was not linked to the international market at this time, and there were almost no foreigners buying. For Huaxia's stocks, a generation of domestic investors was enough for the upper management to make the decision to establish an exchange.
Feng Yu even felt that he was the largest stock investor in China at this time, and no one should buy more than him.
After the news of the establishment of the Magic City Exchange was announced, all stock prices began another round of accelerated rise. Immediately afterwards, newspapers and TV news announced the list of the first batch of companies listed on the Shanghai Stock Exchange.
As expected, all the companies initially selected were successfully listed.
China's stock market will rise sharply for a period of time from now to the end of this year. Starting from the beginning of next year, as dividends are paid out, some people will sell them after making money, and the rise will slow down or even fall back slightly.
Feng Yu plans to sell some unimpressive stocks at the end of the year, and in March or April next year, when the stock market drops slightly, he will buy them all and make a big profit.
Compared with Feng Yu's elation, Fu Rongjin, who was in Xiangjiang, looked sad.
He speculated in rubles and invested a large amount of working capital, almost all the money he could spare. I originally wanted to make a lot of money in these two months, but I didn't know that the ruble price not only did not rise, but also fell a lot.
When he first speculated in the ruble, the ruble really rose a little slowly, but then it fell a little. He thought this was a normal fluctuation. According to Feng Yu's news, the Soviet government would promote the appreciation of the ruble.
With the strength of the Soviet Union, is there any problem in trying to promote the appreciation of the ruble
But the ruble just doesn't rise and has been falling slowly. This week, the ruble fell even faster. If it continues to fall like this, Fu Rongjin's ruble futures list will not be available until Friday. But the position is about to be closed!
Fu Rongjin couldn't understand, how could this happen
Fu Rongjin is in sales. With very keen market control, the reason why the Fu family has such a complete sales channel is due to Fu Rongjin's original suggestion. But when it comes to finance, he's really not good at it. There was no other way, so he asked Fu Guangzheng to go to Fu Rongqi to find out when the ruble would rise sharply, at least for the time being.
But the news Fu Guangzheng brought back made Fu Rongjin stupid.
The ruble can no longer rise. The Soviet Union did not have the energy or funds to raise the ruble, because the Soviet Union was in civil strife at this time, and the entire Soviet Union was in danger of disintegration!
What? Fu Rongjin couldn't believe it. How could the Soviet Union disintegrate
If each country has its own opinions, it can be sovereign and independent, but it should not be disintegrated. Just like the Commonwealth countries, wouldn't it be good to maintain a kind of cooperation
Fu Rongjin started asking people to collect information about the Soviet Union. He absolutely didn't believe it. Fu Rongqi must be lying to him!
After reading the news, Fu Rongjin slumped in his chair.
Four countries actually announced their separation from the Soviet Union. He didn't know it all this time!
Lithuania first announced its separation from the Soviet Union, followed by Latvia and Moldova, but they were all rejected by the Supreme Government of the Soviet Union. What made Fu Rongjin collapse was. Why did Russia announce its separation from the Soviet Union? That was the stronghold of the Soviet Union and its most powerful ally.
If Russia also breaks away from the Soviet Union, then the Soviet Union will really exist in name only!
The Soviet Union is gone. How can the ruble rise
how so? how so!
What made Fu Rongjin collapse the most was that these things all happened before Feng Yu came to Xiangjiang, and he didn't even know about it! If he knew it, he would never believe Feng Yu's words and bet on the appreciation of the ruble!
It's over now. Everything is over, those 400 million Hong Kong dollars. Definitely lose all your money.
As expected, the ruble continued to depreciate. Now it has reached a price of 1.1 rubles: 1 US dollar. All his ruble futures orders have been forcibly closed due to lack of additional funds!
If he sells his assets, he will not be without additional funds, but now he understands that no matter how much additional funds he adds, he will lose all his money. The decline of the ruble is unstoppable!
On the day when the 400 million Hong Kong dollars were lost, Fu Rongjin called Fu Guangzheng home and cursed him, and even slapped him.
After Fu Guangzheng asked, he understood what happened. He didn't know that his father had invested as much as HK$400 million. My father's family property was originally only about one billion Hong Kong dollars. Last year and this year, he paid Guangzheng a lot of money to invest.
In order to prevent the eldest son from saying that he was partial, Fu Rongjin gave the eldest son a lot of assets.
All these 400 million Hong Kong dollars were lost. Fu Rongjin's net worth at this time was less than 300 million Hong Kong dollars. Most of them were the company's shares and fixed assets. The remaining cash in the bank was only a few hundred thousand Hong Kong dollars. Even the company's turnover It’s not enough!
"Dad, why did you use all your money to buy futures? I told you to discuss it with your uncle, but you didn't listen. How can you blame me now?" Fu Guangzheng felt aggrieved. He couldn't blame him for this. Let's blame it on him. He wasn't the one who asked his father to invest in ruble futures.
"I said I don't blame you. If you hadn't brought that street kid here, would I have been deceived? Four hundred million, that's four hundred million!" Fu Rongjin's voice was trembling.
"Guangzheng, how much money do you still have, let's put it together, otherwise my father's company's capital chain will be cut off next month." Fu Guangzheng's eldest brother Fu Guanghui said.
"I just invested in a new factory in the Mainland, and I don't have any money now. Even if I sell some stocks in the Mainland, I can only get out about 10 million."
"I can spare 20 million, but it's not enough. At least 100 million is needed for my father's company to operate normally."
"Why don't you ask your uncle to borrow some cash?" Fu Guangzheng said.
Fu Rongjin lowered his head and remained silent. Borrow money from Fu Rongqi? Then Fu Rongqi would definitely ask him where the money went. What did he say, he lost all his money by speculating in ruble futures
Fu Rongqi has always said that he is not suitable for finance, but he just refuses to accept it. Now he goes to Fu Rongqi to borrow money. Isn't it a joke? And the second and third children will definitely laugh at him.
"If you don't go, use the company as collateral and get a loan from the bank!" Fu Rongjin said harshly.
"Dad, it's better to get a loan from the bank than to borrow money from your uncle. Besides, if the company's partners know that we owe the bank a large amount of money, they will be worried about our ability to pay and may not continue to cooperate with us." Fu Guanghui persuaded. road.
"You guys have to go, I won't go!" After Fu Rongqi said that, he went back to his bedroom.
Fu Guanghui pulled Fu Guangzheng to sit down and asked his father why he said Feng Yu had lied to him and what was going on.
Fu Guangzheng talked about the situation at that time, and Fu Guanghui frowned, as if this was really a scam targeting his father. I also asked Feng Yuben, our family’s business partner, and you two have a good relationship. Why would the other party dig holes for my father
When he learned that it was his father who had robbed Feng Yu of the shares in aiwa that he valued, he shook his head. My father did something wrong, but Feng Yu should not have deceived his father.
The Xiangjiang Fu family is not that easy to bully! (To be continued.)
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