Chapter 119: Net worth has soared

Chen Tuan rejected Lin Cheng's acquisition intention, Lin Cheng naturally will not give up on this, he has learned that the loan of 5 million Hong Kong dollars to Feitu Records is the Xiangjiang City Bank, Lin Cheng the next day invited Bai Zhisheng, the president of the City Bank, to have a meal, and told him that as long as the City Bank promised to do him a small favor, he will deposit 500 million Hong Kong dollars in the City Bank in the next two months.

Lin Cheng is now a man of the year in Xiangjiang, there are news reports about Lin Cheng in TV and newspapers every day, Bai Zhisheng is of course willing to give Lin Cheng a face, coupled with Lin Cheng's promise that he will deposit 500 million Hong Kong dollars in the city bank in the future, Bai Zhisheng did not think much about it, and decided to force Feitu Records to repay the loan on the grounds of recovering bad debts.

City Bank's reversal of the word poured cold water on Chen Tuan, who had just signed a contract with Joey Yung and was rolling up his sleeves and preparing to do a big job, which made Chen Tuan's ambition stillborn and fell into a debt crisis.

And Lin Cheng, the initiator of everything, still continues his reputation as a wonder boy, making a fortune in the financial market of Southeast Asia, and the number of capital accounts is like a rocket, constantly rising.

Throughout August, the Southeast Asian financial crisis continued to expand, on August 4, the governor of the Bank of Thailand was forced to resign, the new central bank governor Chaiwath took office, the previous stage of the Bank of Thailand's rescue operation declared bankruptcy, and waiting for the fate of the new central bank governor Chaiwat, is still that endless ups and downs.

The widening of Thailand's financial crisis finally attracted the strong attention of the international community, and on August 11, the International Monetary Fund (IMF) hosted an international conference on assistance to Thailand was held in Tokyo. After consultations, it was decided to provide about $16 billion in financial assistance to Thailand to stabilize Thailand's economy and financial market order.

After the news came, the Thai people finally breathed a long sigh of relief, believing that they had successfully survived the financial crisis and that there was still hope for the future, but later it turned out that their ideas were too optimistic.

In response to the rescue operation of the International Monetary Fund, the Hong Kong SAR government also intends to use the Exchange Fund to provide US$1 billion to participate in Thailand's loan program, but Fok Yingdong has long known that the rescue operation will definitely end in failure, and the financial crisis that occurred in Southeast Asia will most likely sweep into Xiangjiang in the future.

Although the billion-dollar exchange fund is only a drop in the bucket compared to the financial war that followed, no matter how small the mosquito is, it is also meat, Fok Yingdong and a group of wealthy people suggested to the SAR government that the billion-dollar exchange fund should not be used, but should be kept as much as possible to deal with Soros's upcoming attack, Fok Yingdong's influence in Xiangjiang at this time can be said to be in full swing, and it is not an exaggeration to say that he is the first person in Xiangjiang.

In mid-August, Indonesia's Ministry of Finance and Bank Indonesia jointly announced that they would abandon the exchange rate policy of pegging to the US dollar and implement a free-floating exchange rate system.

In the foreign exchange market, the exchange rate of the rupiah against the US dollar fell sharply, falling by as much as 55 percent on the same day! It set a record for the highest decline in the depreciation of the currencies of various countries on the same day since the outbreak of the financial crisis in Southeast Asia! Indonesia followed in the footsteps of Thailand and fell into the abyss of the financial crisis.

As for the country of Indonesia, because of the tragic incident that occurred in '98, Lin Cheng has an extremely strong hatred for this country, second only to the Japanese state that once invaded China.

Therefore, Lin Cheng showed no mercy to short the rupiah, but rushed into the foreign exchange market of the rupiah with all the funds and the maximum leverage, and went all out to short the rupiah.

This move undoubtedly has the risk of exposure, and Soros, who is being remotely controlled by the US imperialists, also quickly noticed Lin Cheng's capital account, but compared to the international speculators under the leadership of the quantum fund, Lin Cheng's funds can only be regarded as a drop in the bucket.

When Soros's subordinates reported to him the abnormality of Lin Cheng's capital account, Soros just shook his head and smiled, not taking it to heart.

Lin Cheng didn't know that at a certain moment, because of Soros's contempt for him, he inadvertently escaped, otherwise, with Lin Cheng's clumsy financial knowledge and ability, if Soros deliberately cheated him, Lin Cheng would definitely lose even his underwear.

However, Lin Cheng recalled it afterwards and felt that he was affected by his angry thinking, which is undoubtedly a big taboo for financial speculators, if Soros notices him as a small person, then he will definitely die ugly.

Thinking of this, Lin Cheng "swooped", and cold sweat broke out all over his body, and when the Indonesian rupiah depreciated by more than 50 percent, Lin Cheng, who was still a little frightened, hurriedly ordered Chen Huiyi to close the position and withdraw, so that the capital account was in the pocket.

Although this operation can be called a great risky move, but the foreign exchange market has always been the greater the risk, the more rewards, Lin Cheng's wave of operations made him earn another 400 million US dollars, and the capital account can be more than one billion.

And the people of Xiangjiang, who have always paid close attention to Lin Cheng's financial operations, were in an uproar again, and a billionaire was born within two months! This is simply a miracle!

Lin Cheng also felt that his limelight was too big at this time, and it did not conform to his principle of being a low-key person at all, so he published a notice in his newspaper "Daily Express", announcing that he had washed his hands of gold and withdrawn from the foreign exchange market, and his future energy would be transferred to investment industry.

When the news spread, the people of Xiangjiang were full of regret, and some speculators who specially followed Lin Cheng's account operation wept bitterly, begging Lin Cheng on TV and in the newspaper to take back his life and lead them to fight in the financial market again and climb the peak.

These people have also made a lot of money by following Lin Cheng's operation, they are naturally reluctant to leave the financial market with Lin Cheng's guiding light, without Lin Cheng's guidance, where will they have such an easy opportunity to make quick money in the future!

Lin Cheng thanked them for their support in the newspaper on the surface, saying that he would never change his mind, but in his heart he was saying that you would die!

Of course, Lin Cheng's withdrawal from the financial and foreign exchange market is undoubtedly a big talk to deceive others, and the Asian financial crisis will not end for a year and a half.

In fact, Lin Cheng broke the whole into zero, and registered more than a dozen financial accounts as vests to diversify investment, preparing to make low-key money and make a fortune.

In addition, Lin Cheng also spent more than 60 million Hong Kong dollars to buy Jinquan Securities for his own investment convenience, and promoted Chen Huiyi as the general manager of the securities company, and Chen Huiyi also became Lin Cheng's royal financial expert, taking care of all financial affairs for Lin Cheng.

After getting along day and night these days, Lin Cheng found that Chen Huiyi really deserved to be from a famous financial college, and she had a huge talent for financial operations, plus Chen Huiyi was not only beautiful, but also had very good ethics and character, and her trust and dependence on Chen Huiyi were increasing day by day.

Chen Huiyi admires Lin Cheng in addition to admiration, through these two months of contact, although she found that Lin Cheng's financial knowledge is simply unsightly, but her excellent vision of the future financial trend is as accurate as the prophecy of the gods.

Nowadays, although the Xiangjiang media all praise herself as a gold medal trader, and there is no shortage of powerful securities companies poaching her during this period, Chen Huiyi believes that if she does not have Lin Cheng's vision to see through the future, she will never be able to do this, and 90% of the honor of the gold medal trader is due to Lin Cheng.

After the acquisition of Jinquan Securities, Lin Cheng's trust in Chen Huiyi reached a higher level, and he handed over the operation of the capital account to her.

With Lin Cheng's full trust, Chen Huiyi is like a chicken blood at work, working overtime every day on Saturdays and Sundays to work hard for Lin Cheng's great cause of making money.

When Lin Cheng learned about it, he was so moved that he immediately ordered her to rest, but after two days of rest, Chen Huiyi was still desperate, Lin Cheng completely took her out of line, but asked the hotel chef to make soup for Chen Huiyi every day, which moved Chen Huiyi to tears, and the gaze that looked at Lin Cheng gradually became different, and Lin Cheng, who was completely aware of his feelings, did not find this, and still cared for Chen Huiyi.

……

When the time came to September, Lin Cheng was originally going back to Huacheng to study in college at this time, but now Lin Cheng is completely ambitious, where is he willing to return to campus to study hard and make progress every day? !

At this time, Lin Cheng came to the villa area on the top of the Taiping Mountain, yes, Lin Cheng, a guy who lived in a luxury hotel for two months, finally decided to buy a house in Xiangjiang. Originally, Lin Cheng's first choice for buying a house should be the rich area of Repulse Bay Mid-Levels Villas where the rich gather, but later he remembered that Ma Yunbaba spent 1.5 billion yuan to buy a luxury house on Baijia Road on the top of Taiping Mountain in Xiangjiang, so he wanted to come to the top of Taiping Peak to have a look.

In addition, Lin Cheng remembers that in 2015, the Xiangjiang Taiping Peak Villa District ranked first in the world in the ranking of the world's most expensive streets, when the price of the street reached US$114,000 per square meter, which was converted into a whopping 760,000 yuan per square meter that year.

In February 2015, the real estate transaction at 75 Victoria Peak Road was sold for a total value of US$650 million, setting a record for a single transaction in China's real estate market.

The reason why Lin Cheng is so interested in the top of the Taiping Peak is naturally because there are many wealthy people here, and not only are there many super-rich people living here, but No. 11 Baijia Road is even the official residence of the Hong Kong Garrison Headquarters.