Chapter Seventy-Eight: People Are Afraid of Being Famous, and Pigs Are Afraid of Being Strong
Compared with everyone's shock and disbelief, Lin Cheng, who had expected it for a long time, also seemed very excited, the capital he invested was 3.8 million US dollars, and the leverage of 20 times magnified was 76 million US dollars, and he remembered that in the future, by the beginning of August, the Thai baht would depreciate to an exchange rate of 1:42, which was more than 1:6 times lower than the 1:25 when he just entered.
In this way, Lin Cheng's total capital account will skyrocket to about 120 million US dollars by the beginning of August, which is almost 1 billion yuan when converted into RMB, which means that after this Thai baht depreciation turmoil, he will become a billionaire.
It's only 1997, but what is the concept of a billionaire in the mainland? Until 1999, when Hurun released the list of China's richest people, there were only 15 or 6 billionaires in China.
When I return to the mainland in August, let alone a mere six or seven million machinery factories, even if I buy all the state-owned factories in Qingjiang, it will not be a problem.
Of course, Lin Cheng would not do such a brainless thing, although Lin Cheng's ideal in this life is to become famous, do big things, and make a lot of money, but he doesn't want to be slaughtered as a pig, in the absence of corresponding strength support, the billion wealth in his hand will not only not help him, but will become his lifetalisman, just like a three-year-old child holding gold through the city.
However, a billion fortunes are about to arrive, and it is too bad to think too much about what you don't have, so what Lin Cheng wants to do most now is undoubtedly to celebrate.
He couldn't hold back the excitement in his heart anymore, so he picked up Li Muzhen at once, and then kept spinning in circles like crazy until he lost all his strength.
Where has Li Muzhen ever been so intimate with a man in public, and was suddenly hugged into the air by Lin Cheng, so frightened that her face was pale, and her soul was about to fly, and she hurriedly raised two small pink fists and continued to beat Lin Cheng's chest.
Under Li Muzhen's struggle, Lin Cheng's physical strength lost sharply, and after ten and eight turns, Lin Cheng no longer had the strength to hold Li Muzhen, so he had to obediently let her go.
After Li Muzhen landed safely, the flush on her face was comparable to a monkey's buttocks, she was ashamed and angry and pinched the soft flesh on Lin Cheng's waist, rotating it three hundred and sixty degrees, and suddenly Lin Cheng screamed in pain, her voice was as high-pitched as a cloud, and she almost had the momentum of overturning the roof.
Li Muzhen covered Lin Cheng's mouth in shame and said angrily: "Don't scream, so many people don't pay attention to it." ”
"Hehe!" Lin Cheng sneered: "Aren't I too excited, the Thai government has given up the policy of 'pegging the dollar', and I will sit and wait for the money to be collected in the next few days!"
"You're just going to be complacent!" Li Muzhen said coquettishly.
……
The following days were exactly as Lin Cheng said, he really just sat in the hotel and waited to collect the money, with the exchange rate of the Thai baht against the US dollar, Lin Cheng's capital account was soaring every day.
In the first few days, Li Muzhen, Chen Huiyi and others would still exclaim at the soaring account numbers on the screen, but after a week or two, the two of them were already numb and no longer disdained the soaring numbers.
Lin Cheng didn't bother to look at the fund account of the funds, and he didn't know the results of the exchange rate of the baht against the US dollar, but he remembered the numbers at two time nodes, one was that on July 29, the Thai baht exchange rate would fall to a low level of 1:42, and on February 16, 98, it fell to a record low of 1:55.
Lin Cheng no longer pays too much attention to the financial crisis in Thailand, and if he wants to make money, he just needs to remember these two time nodes.
Compared with Lin Cheng, a financial investor who has made a lot of money from the hard-earned money of the Thai people, Thailand has been in a dire situation throughout July, with the Thai baht exchange rate falling off a cliff, the Thai economy has been punctured with a false prosperity bubble collapsed, even if the Thai government and the Bank of Thailand are still dying, but still unable to stop the decline of the Thai baht.
On July 29, the Thai baht exchange rate fell to a low of 1:42 as Lin Cheng expected.
Lin Cheng can be said to have made a lot of money in this financial turmoil, entering the market with 3.8 million US dollars, but the capital account reached 127.6 million US dollars when he exited, and after paying more than 2 million US dollars in commissions and deducting 3.8 million yuan in principal, Lin Cheng made a net profit of 120 million US dollars, and became a god in the first war.
Of course, Lin Cheng made a lot of money in the foreign exchange market is not without a price, Xiangjiang only has a big fart, and the media industry is extremely developed, less than a day after Lin Cheng closed the position, the news about Lin Cheng taking advantage of the Thai financial crisis to make a net profit of one billion yuan within a month has been overwhelmingly reported in Xiangjiang.
"The Wonder Boy of the Mainland became a god in July, shorted the Thai baht and made a net profit of one billion Hong Kong dollars, becoming a new generation of financial blockers!"
"Soros eats meat, Wonder Boy drinks the soup, and makes a billion in a month!"
"Cool head, bold operation, this reporter explores the wonder boy from the mainland and uncovers the true face of a billionaire!"
……
On 1 August, many financial newspapers in Hong Kong, without exception, reported on the news that Lin Cheng had made a billion yuan by shorting Thai baht, and even the opening ceremony held by the Hong Kong Garrison on Army Day could not overpower Lin Cheng's news report.
And the photos of Lin Cheng secretly taken by the reporter also blatantly appeared on the front pages of newspapers and magazines, and no one cared about whether it would infringe on Lin Cheng's portrait rights or anything.
Lin Cheng never expected that in just one day, he would become the hottest figure in the entire Xiangjiang, especially when Xiangjiang returned to the motherland just over a month ago, when many Xiangjiang people still had great goodwill towards the mainland of the motherland, he suddenly became an idol imitated by many young people, especially after his handsome appearance appeared in the newspaper, and many brain-dead female fans rushed to give birth to monkeys for him.
In the hotel, Lin Cheng still felt palpitations when he thought of the terrifying scene when he stepped out of the hotel gate just now and was surrounded by thirty or forty reporters.
"Grass, I still want to keep a low profile, how can I keep a low profile!" Lin Cheng said with annoyance.
"Don't be upset, since it's happened, you should think about how to deal with it, and it's useless to sigh here. Li Muzhen persuaded him.
"I'm not afraid of being famous, it's just that the news that I made a lot of money in Xiangjiang has been well known, and I think the mainland can also receive the news, and many jackals are probably already sharpening their knives towards me!" Lin Cheng sighed.
Li Muzhen chuckled, and said anxiously: "Then what should I do?"
"Jingle Bell ......" Just then, a telephone rang out in the hall.