Chapter 140: The one who owes money is the real boss
In the mansion, Li Kai was discussing the acquisition of Hong Kong Telecom with Li Chaoren.
At that time, Hong Kong had been returned to China for a year, and the assets that foreigners left in Hong Kong had to be sold. Many people took a fancy to these qualified properties, and the Li family was one of them.
"Dad, this is my plan."
Li Kai placed a document respectfully in front of Li Chaoren.
If Li Kai wants to acquire the high-quality assets, he will need to mobilize nearly 200 billion yuan of funds, which is impossible for him to do alone. Li Chaoren must personally guarantee the loan before the bank can issue a loan of this amount to Li Kai.
So, in life, having a good father makes it easier to succeed in anything.
Li Chaoren took a look, took a puff of his cigar, and nodded with satisfaction: "I can help you mediate."
"Thank you, Dad."
Although Li Chaoren prefers his eldest son, who has a steady personality, to take over his business empire, his second son is also his biological son, and it is impossible for him to just leave him alone.
Finally, the father and son talked about the issue of land acquisition. The Hong Kong economy is currently suffering a blow, but this is both a crisis and an opportunity.
The Li family, which was once ranked first among the four major families in Hong Kong, is now under fierce and is on a downward spiral.
However, Li Chaoren took advantage of the situation and quietly took over many of the original British industries. His business is booming, and by next year, he will be able to completely turn the tide.
Just then, the subordinate came in and reported the news about Lu Yiming.
Li Kai exposed Lu Yiming's identity, but not only did he fail to block Future Capital, but he made Lu Yiming famous and was portrayed as a business genius by the news media.
Even Li Chaoren couldn't help but admire Lu Yiming after reading his entrepreneurial experience.
The other party really started from scratch. He started his business from scratch and had no money. In just two months, he earned a fortune of 500 million!
Although Li Kai had asked someone to investigate Lu Yiming's identity before, information was blocked these days, and since he was in the mainland, it was difficult for him to find out in detail. He thought that Lu Yiming had someone behind him and the money was probably lent to him by others. But he didn't expect that more than 500 million of it was his own money!
Two months and five hundred million, these two sets of numbers sound outrageous!
After reading the report, Li Chaoren looked at his second son Li Kai unhappily and scolded him, "Didn't I tell you to wait and see? Why did you take action without authorization?"
Fighting was not a problem, but failing to kill him and instead pushing his opponent forward, allowing Lu Yiming to move to a higher level, was very stupid.
For wealthy families, poor character is actually nothing. After all, no one really cares about reputation when doing business these days. However, stupidity cannot be tolerated. If it gets out, it will only have a huge negative impact on the family's reputation.
Li Kai was also very annoyed about this: "I didn't expect things to turn out like this."
After all my efforts, I ended up making things worse and ended up helping the other party. It makes me angry just thinking about it.
Li Chaoren sighed and said earnestly, "No matter what the other party does in the future, you are not allowed to make any more moves. The Li family is now in a critical period of growth. As long as they can safely survive this financial crisis, they will immediately reach the top of Hong Kong and even become the richest man in Asia. At this time, the most taboo is to create trouble. It is better to have less trouble than more. If you ruin the good things of the Li family, you will not be able to bear the consequences!"
After hearing the last part, Li Chaoren's momentum was like a mountain pressing down on his head. Li Kai was immediately startled and hung his head: "I know."
In the next few days, the authorities began to fight with international hot money, continuously raising interest rates and increasing the cost of financial speculation in order to resist the attacks of speculators and maintain the linked exchange rate.
Later, the government challenged major international financial speculators in the foreign exchange market. Every time the speculators sold a batch of Hong Kong dollars, the government would buy one, and the money it bought was cheap Hong Kong dollars.
The government took the initiative to use fiscal reserves to take over the speculators' selling orders of nearly 50 billion Hong Kong dollars, and then deposited the purchased Hong Kong dollars back into banks. In this way, it lowered the rising trend of the lending rate, reduced the damage to the economy, and made a small profit.
Unfortunately, this is ultimately just passive defense and it is difficult to touch the root of international hot money. For Soros and others, it is just a painless harassment.
Although the authorities won a small victory by stabilizing the exchange rate at around 1 US dollar to 7.75 Hong Kong dollars, international hot money returned empty-handed.
But Soros and others did not give up, and instead began to attack the securities market more frantically.
The Hong Kong stock market was suddenly in danger of a storm, with all kinds of negative news spreading like wildfire. So-called predictions such as "Hong Kong stocks will fall to 5,000 points" flooded the media, causing investors' confidence to be extremely shaken.
This information made Li Yiwen look solemn. As soon as he got the news, he found Lu Yiming and said, "If there is more bad news from the Japanese and Russians at this time, the Hong Kong stock market is likely to experience panic selling, and we will suffer heavy losses."
At the moment, Future Capital is basically making a huge gamble. It has used 500 million yuan to enter the stock market, and the rest is all used to buy Hang Seng Index futures to gamble against others.
In Hong Kong's financial circles today, countless people regard Lu Yiming as a money-making boy. Throughout the company, even Ren Junle is worried about him, fearing that the company will be ruined next week.
After all, this is a business worth tens of billions, and it concerns the survival of the entire company!
But Lu Yiming acted like nothing happened. He ate, drank, and slept until dawn.
Lu Yiming smiled and said, "Calm down, the market is stable ."
Li Yiwen was speechless and could only remind him: "The market can be stabilized because the government has stepped in to rescue the market, but the strength of international speculators is still strong. Even if Hong Kong can win in the end, it will not be clear this month."
Lu Yiming said calmly: "You are wrong. I am sure that the result will be known within seven days, and the hot money will lose by then."
Li Yiwen asked: "Why are you so sure?"
Lu Yiming said: "Because the Hang Seng Index contract I bought expires next week, if the hot money doesn't fail, I'm done, and you're done too."
Li Yiwen: “…”
Good man, in the end you still have to lie down.
"Okay, that's up to you. Anyway, I'm already on the boat and can't go anywhere."
There were constant disturbances in the next few days.
As the Hong Kong stock market performance became worse and worse, many investors began to question Lu Yiming's investment strategy. The news was full of negative reports about him, saying that he had run out of ideas and was about to face his first tragic failure in his life.
In every teahouse, everyone was talking about this matter.
"This young man from the mainland has no idea how high the heavens are or how deep the earth is. I want to see how he ends up."
"I heard that if he loses the bet, he will have to pay several billion. My God, this is not a small amount of money. Can he afford it?"
"This Future Capital is finished. To be honest, when I first heard about the phrase 'Win in the Future', I felt it was outrageous."
"Indeed, they are overestimating their own capabilities and actually dare to go against international hot money."
No one believed that Lu Yiming could turn the situation around at this point.
Those who bought the "Win in the Future" financial product were also worried all day long. They didn't even want to go to the gate of Future Capital to put up banners and demand repayment. If Lu Yiming got upset and jumped off the roof, all the money they invested would be wasted.
This is no joke. The precedent of Ella Chen is still here.
Now everyone is praying that Lu Yiming can get through this difficult time.
