Feng Yu originally thought that the Quantum Fund would attack Malaysia next. After all, Malaysia has the closest economic ties with Thailand and Southeast Asia, but Soros chose the Philippines.
The same method and the same means were used to suppress the stock market and the foreign exchange market, and this time Fu Rongqi was added as a new force. The Philippines' foreign exchange quickly ran out.
The Singapore dollar fell a little, but not much. Many so-called experts also said that Soros only had these methods and could not achieve what he said to sweep Southeast Asia or even Asia.
But this time, the experts were collectively slapped in the face!
In less than ten days, the Philippine peso could no longer hold its own. They adopted the same strategy as the Thai baht, changing to a floating exchange rate system and leaving everything to the market. They couldn't hold back.
In the next three days, the peso fell by 30%!
…
"Nephew Feng Shi, the next target should be Malaysia, right?" Fu Rongqi held up the champagne glass, the smile on his face could not be concealed no matter what.
"It should be that Uncle Fu didn't make less money this time, right?"
"A little more than expected, but certainly not as much as you made." Although Fu Rongqi didn't know the exact amount of money Feng Yu invested, according to his calculations, it was definitely more than he invested. How much more, he wasn't sure.
And he discovered that when he was shorting the peso, there were already many large orders to short the peso, including Soros's, but there must also be Feng Yu's. He even suspected that most of those with high leverage belonged to Feng Yu.
It can be seen from the oil speculation during the Gulf period that Feng Yu is the kind of person who is extremely courageous once he believes that something may happen.
Although Feng Yu also does hedging, there will be very few reverse hedging orders.
And unlike them, Feng Yu seems to have no time to make up orders in the future. In other words, Feng Yu's selling price is much higher than theirs, and the natural profit will be higher.
He had no idea that Feng Yu had hidden funds and made a large amount of these foreign exchange forward contracts in advance. Feng Yu made more than he imagined!
Fu Guangzheng kept smiling and said nothing. His industrial shares in the mainland were also loaned out with Feng Yu, and all were handed over to Feng Yu for investment together. As for the money in Xiangjiang, it was handed over to Fu Rongqi like other Fu family members.
In other words, he is making money on both sides, and what he makes is a higher proportion than the rest of the Fu family.
The most important thing is that Professor Liang's impression of him is getting better and better, and Liang Yin is no longer pretentious towards him. Fu Guangzheng feels that he has great hope to win Liang Yin. Both his father and uncle are very supportive of this.
The Fu family does not need to marry those businessmen and politicians. In Xiangjiang, even in China and Asia, the Fu family is ranked among the top big families. The most important thing is talents!
Professor Liang is undoubtedly this kind of talent, and many students respect Professor Liang. Although Professor Liang's net worth has not exceeded 100 million, Professor Liang's name is a valuable asset.
Besides, they thought Liang Yin was pretty good. She didn't have the overbearing look of many women from big families, and she had a decent appearance. She could even be said to be beautiful, knowledgeable, and had a good temperament. She was worthy of Fu Guangzheng.
The most important thing is that Fu Guangzheng made many changes because of Liang Yin, which made Fu's family very satisfied.
"Brother Guangzheng, how was your Guangzheng Fund investment? You made a lot of money, right?" Fu Guangwei asked enviously.
Why didn't he think of this trick at the beginning? All he had to do was raise funds for investment and guarantee investors an annual return of more than ten percent. He could earn a very high commission.
However, I heard that Fengyu Consulting’s commission rate is higher, but others are still more willing to invest money in Fengyu Consulting. Comparing one person to another can really make people angry!
Fu Guangzheng smiled proudly: "Professor Liang is taking care of it. Because he has to concentrate on ensuring the Xiangjiang market, he doesn't make much money."
I don’t make too much, but I’m still making money, and I’m still making money with other people’s money.
"Nephew Feng Shi, how low do you think the peso can fall?" Fu Rongqi asked seriously.
"About 35 to 40 percent, maybe more than 40 percent, but it's unlikely this year."
Feng Yu's foreign exchange forward contracts are all to be delivered no later than this year, and most of them will be delivered by the end of October this year.
According to the memory of his previous life, Soros will make his first real attack on the Xiangjiang market in October, so Feng Yu must ensure that funds can be withdrawn in October.
Although you may make less money, can you still place another short-selling order after the contract is delivered? Once Soros is really arrogant enough to think that he can attack the entire East Asia at will, then it is time to give Soros a fatal blow!
Feng Yu's prediction is similar to that of Fu Rongqi's team. Fu Rongqi also believes that 35% is no problem. It was already 30% yesterday. Although it has bounced back a little today, he also believes that 35% will be reached within a week.
Affected by the peso, the price of the Singapore dollar also fell a bit again. Although it is not big, it has already made many people speechless.
…
The next day, Soros called Feng Yu and informed Feng Yu that he would start attacking the Nanyang Ringgit tomorrow. Everyone's division of labor was still the same. Feng Yu mainly suppressed the stock market, while Soros led people to suppress foreign exchange.
No matter which one falls, it will cause a chain reaction and everyone will make money together.
Feng Yu immediately informed Fu Rongqi to prepare to deliver part of the order for pesos or Thai bahts and prepare to attack Nanyang.
Nanyang also carried out a series of defense methods, but their methods were just that, and Soros and the others had already figured them out. There was no decent resistance at all, and they were not even as good as Thailand.
Of course, this is also closely related to the decline of the Philippine peso. It can be said that these economically related countries have been affected too much by each other.
Moreover, they have fewer and fewer allies and less and less help. On the contrary, they have to face more and more offensive funds, and the pressure is naturally increasing.
"Feng, why hasn't the ringgit plummeted? How many days have it been?" Kirilenko urged.
Feng Yu rolled his eyes at Kirilenko, "It's so easy to think of a country's currency plummeting in just a few days." Although the amount of funds is larger this time and everyone is becoming more and more skilled in cooperating with each other, it cannot be done in a few days.
"Just wait a few more days. Malaysia's foreign exchange reserves should be used up." Feng Yu said calmly.
Kirilenko immediately turned into a smiling face: "I knew you would be able to do it soon. Where to attack next? Treasure Island or Indonesia?"
"I prefer Treasure Island, but Soros definitely prefers Indonesia, so I'd better choose Indonesia."
"Whatever, as long as we can make money." Kirilenko said happily.
"Brother, do you remember what I told you? If Soros and his friends win a big victory in Asia, they will definitely attack Russia. Do you remember the choice I told you?"
…
Book club groups, 520, 98, 468, welcome to join the group, come to Shuiqun, Shuiqun (to be continued.)