Kirilenko returned to Moscow, while Feng Yu stayed in New York and began to raise funds.
Some less important stocks were thrown away as much as possible, while stocks of Internet technology companies such as Microsoft and Yahoo were used as collateral for loans.
Although the funds that can be obtained in this way will be less, the Asian financial crisis will last for more than one year, and in one year, even if the stocks of these network technology companies cannot double, they will not be much different.
In this way, Feng Yu's profits can be maximized.
Moreover, once he sells a large amount of Microsoft's stock, it will inevitably cause violent fluctuations in Microsoft's stock price. Then Feng Yu will most likely be kicked off Microsoft's board of directors.
Although Feng Yu does not have much say in Microsoft, Lianxiang Yinshan Software Company is still in the development stage and there is still a big gap with Microsoft. Even many emerging domestic software companies can compete with Lianxiang Yinshan in some applications. Mountain is calling the shots.
Feng Yu needs the identity of Microsoft director to protect Lianxiang Yinshan Software Company and China's software market. He didn't want to end up like in his previous life, where the most profitable software was invented abroad.
As for Yahu, you can't sell it. Yahu's stock price will soar this year, and you will definitely suffer a big loss if you sell it.
This time Feng Yu didn't focus on one bank. One was a bank and might not lend him so much. Feng Yu also wanted to distract him from the other.
Perhaps one of the shareholders of these banks is a friend of Soros. Feng Yu didn't want Soros to know how much money he had.
The more ambiguous it is, the more Soros will be hostile, and Feng Yu's chances of winning will be greater.
On the afternoon of the first day, Feng Yu raised one billion U.S. dollars, and in the following days, Feng Yu had been contacting executives of various banks in New York, all with the same purpose, to use stocks as collateral for loans. For one week in a row, Feng Yu mortgaged all the stocks that could be pledged. The funds were transferred to UBS's account and could be transferred to the Asian market at any time.
…
"The boss, that Chinese guy, is raising funds. According to our inquiries, it seems that he has mortgaged all the Microsoft stocks he holds."
Soros put down his glass of wine: "So he raised almost five billion dollars?"
"It doesn't seem like that much, it should be less than four billion US dollars. He has already mortgaged part of his stocks before, part of the funds were invested in the stock market, and part was transferred back to China. It should be that he needs capital turnover in China."
Soros nodded. With four billion dollars, this Feng Yu is bolder than he thought. Soros's assets are only about US$6 billion. Of course, the funds he can use are definitely more than this.
But it is enough to prove that the newspaper's speculation about Mr. Feng's net worth is definitely not an exaggeration. This man is really a super rich man.
But there are only four billion U.S. dollars. Even if he makes a lot of money in other countries first and doubles it to eight billion U.S. dollars, it will not stop them from invading.
It just so happened that he didn't want such a young financial master to appear, which would seriously affect his status. How refreshing it is to hit this so-called genius rich man.
"Okay, I understand. Get ready and take the people to Chiang Mai first. Our plan will start in March at the latest."
After the subordinate left, Soros drank the wine in his glass. Soros is a greedy man with a strong desire for control. The large financial groups he contacted all followed his suggestions, or orders.
And this Feng Yu, and the Russian Kirilenko, don't seem to want to obey. In this case, after we cooperate, don't blame me for cheating you once!
…
"Uncle, Feng Yu has started to raise funds, should we also make preparations?" Fu Guangzheng asked.
Fu Rongqi waved his hand: "Before Hong Kong returns, I guess those international financial speculators will not target Hong Kong, let alone the Hong Kong dollar. There is no need to be so anxious about raising funds. It can be completed before July 1st."
"Uncle, Feng Yu said that Soros and others will take action before July 1st. Maybe they will start planning in March or April. The first target is Thailand. We are late in raising funds. If we don't get the first piece of the pie, we won't get it." Up?" Fu Guangzheng asked anxiously.
"Guangzheng, I know you want to make this money, but you have to remember that the amount of money we invested this time accounts for more than 70% of our entire assets. Once it fails, it will be a serious blow to the Fu family! Yes, we still have industries, supermarkets, real estate, and trading companies. But how much money can those companies make? If we don't have such sufficient funds, will our supermarkets be able to squeeze out other retailers? Our Can the trading company develop its channels so well? Can our real estate company obtain so much land?"
Fu Rongqi is the helmsman of the Fu family. Although this time it was mainly Fu Rongqi's funds, the other three brothers, including juniors like Fu Guangzheng, also invested money and said they wanted to participate.
They were looking at the last time they and Feng Yu attacked the stocks of the island company and made a lot of money. This time they wanted to follow suit and make a quick buck again. But Fu Rongqi was more cautious. This time it was international hot money, and Soros, the most famous hedge fund manager on Wall Street and even the world. Even though Fu Rongqi had been doing finance for a long time, he was still at home. , but there is no certainty of victory.
The juniors need to be aggressive, because once those juniors lose all their money, they can still hold it back. But Fu Rongqi shouldn't be too impulsive. Once he loses all his investment, it will not only be a loss of funds, but also affect the entire Fu family's status in Hong Kong and even Southeast Asia.
A family with assets of tens of billions of Hong Kong dollars is completely different from a family with assets of 10 billion Hong Kong dollars. Although in the eyes of many people, they are untouchable super-rich families, their influence is far from enough.
"But uncle, we are not fighting alone. We also have Li Chaoren and his family, Feng Yu, the Russian tycoon Kirilenko, and the participation of so many rich people in our city. There is no way we can lose!"
Xiangjiang is one of the areas with the highest density of wealthy people in the world. Fu Guangzheng believes that they will win.
Fu Rongqi shook his head: "Do you know why those international speculators want to set up hedge funds? Hedge funds will obviously affect profits, just to reduce risks. They are so cautious, how can we dare to be bold? Go ahead, follow our normal plan, Raise the money slowly and be ready by July 1st.”
Fu Guangzheng wanted to say something else, but when he saw his uncle waving his hand, he had no choice but to leave. Although he felt a lot of dissatisfaction in his heart, he understood that in terms of financial experience and ability, he was far behind his uncle.
But I'm afraid the uncle doesn't know that his shares in various companies in the mainland have been mortgaged to foreign banks, and all the US dollars obtained from the loans have gone into his account at Fengyu Consulting. The uncle wants stability here, but on his side... Seek to maximize profits!
(End of chapter)