583. Harvesting Malaysia's Core Industries

When Chen Hui walked to Luo Baowen's desk, Luo Baowen was concentrating on reading the documents, and immediately Chen Hui gently sat down beside her, took her in his arms, and said softly: "Wenwen, you can get off work!" and mob her pretty face again, Chen Hui continued: "Let's rest early tonight!" Originally, Chen Hui planned to take Luo Baowen out of Malaysia together, but at present, he still has something to do and can't leave, so he can only let Luo Baowen leave for Malaysia in advance.

Luo Baowen said slowly: "Chairman, just now Li Jiacheng, Wu Zhongquan and others of the Xiangjiang Consortium have been talking to Malaysian officials about the East Coast Railway project in West Asia, which may cost billions of dollars!"

"There are also projects such as tourism, commerce, real estate and waterfront industrial parks that have been planned for the joint development and construction of the four islands in the Malacca Huangjing Port Project..."

They also plan to spend a huge amount of money to reclaim an island in Iskandar Special Zone, Johor Bahru, Malaysia's second largest city, and are committed to building a "forest city..."

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In the end, Luo Baowen said: "The big companies, big families, consortia, and banks that we have united are going to acquire most of the core industries in Malaysia this time! Chairman, we will go to Malaysia tomorrow night to assist them."

"Wenwen, let's go again the morning after tomorrow!" Chen Hui kissed her pretty face and continued: "Don't worry, we'll get tired of it tomorrow!"

"Hmm," Luo Baowen nodded happily. After thinking about what suddenly came to her mind, it turned out that there was one more thing that had not been reported to Chen Hui, and she immediately said: "Chairman, our Standard Chartered Group has sold $4.4 billion in Asian assets, and the buyer is a big bank in Curry Country!"

Standard Chartered has now sold its assets in Asia, including about US$1.4 billion in Curry Country loans, and about US$3 billion in other assets, including loans, bonds and equities in the Mainland, Indonesia and Malaysia.

"Well, that's a good job!" Chen Hui nodded and continued: "Now Standard Chartered has sufficient liquidity, which is also convenient for you to acquire their local banks in Malaysia, and when you go to Malaysia, you can take your team to buy Malaysian companies first, and then use these Malaysian companies to cooperate with John and them to acquire Malaysian banks, and our Standard Chartered Bank will secretly hold shares." At the same time, register more companies in Malaysia, carry out cross-holding, and then carry out black-box operations!" Chen Hui looked at Luo Baowen's hazy appearance and continued: "As for the black-box operation here, CEO John will also teach you at that time!"

"Well, I know, thank you, chairman, for being so thoughtful!" Luo Baowen finished speaking, and enthusiastically enlisted Chen Hui.

The two went to the bathroom first, and then to the room, and the whole process was crazy and dedicated, lasting for several hours, until late at night, Luo Baowen fainted to death a total of 2 times.

At eight o'clock the next morning, Chen Hui got up refreshed, while Luo Baowen was still asleep, with a happy and satisfied smile on her ruddy face, Chen Hui couldn't help but kiss it, and then got up.

After taking a shower, Chen Hui came to his desk, and it was the morning Asian session, and the USD/CAD, EUR/CAD, GBP/CAD, CHF/CAD all fluctuated very little. However, AUD/CAD is highly volatile and has a large trading volume. At this moment, AUD/CAD is at 0.9680, and now Chen Hui holds a long order of 500,000 AUD/CAD, with an average opening point of 0.9540, floating 140 points, a total of 700 US dollars!

At half past eight in the morning, an important economic data from Australia was released.

Australia's Q4 CPI YoY

Previous 2.3%

Forecast: 2.4%

Published value2.1%

The consumer price index is abbreviated as CPI, which is a price change index based on the prices of products and services related to people's lives, and is usually used as an important indicator to observe the inflation level; because the level of the consumer price index indicates the purchasing power of consumers and also reflects the economic prosperity. However, if the CPI rises, will the exchange rate necessarily be favorable? Not necessarily, it depends on the "increase" of the CPI. If the index rises moderately, it means that the economy is stable and upward, which is of course good for the country's currency, but if the index rises too much, it will have an adverse effect, because the price index is inversely proportional to the purchasing power, and the more expensive the price, the lower the purchasing power of the currency, which will inevitably be bad for the country's currency. If the impact on interest rates is taken into account, the effect of this indicator on foreign exchange rates is more complex.

This economic data was bearish for the Australian dollar, and the Australian dollar currencies immediately fell across the board, among which the Australian dollar/US dollar fell the worst, falling by 50 points.

AUD/CAD fell by 40 points, from 0.9680 to 0.9640.

Chen Hui also immediately bought AUD/CAD, directly placing a long order of 100,000 AUD/CAD to support the decline of AUD/CAD.

At this time, AUD/CAD began to oscillate at 0.9640 to 0.9650, and Chen Hui also decisively increased his position!

By 10 o'clock in the morning, AUD/CAD was slowly pulled up to 0.9660 by Chen Hui. However, it did not last long before AUD/CAD was smashed down, falling 20 points in 10 minutes and falling back to 0.9640 again.

Chen Hui shot again, bought 100,000 lots of AUD/CAD, and continued to support AUD/CAD!

At the moment, the Australian dollar is in a state of decline, but only the AUD/CAD has become so strong that the support is very strong. The AUD/CAD bears in the market have also given up on suppressing the AUD/CAD pair and have turned to further suppress AUD/USD!

By 11 a.m., Chen Hui pulled AUD/CAD up again and secured the 0.9660 position.

At this time, AUD/CAD was suddenly suppressed again, and Chen Hui immediately bought 100,000 lots of AUD/CAD on the way to AUD/CAD. The reversal pulled the AUD/CAD pair up to the 0.9670 level.

Suddenly, the bears in the market seemed to have completely stopped attacking the AUD/CAD pair.

By 12 o'clock, AUD/CAD was firmly on the level of 0.9680.

Chen Hui nodded lightly, this morning he added 500,000 lots of AUD/CAD long positions, at this moment he holds a total of 1 million AUD/CAD long positions, with an average position of 0.9600, and currently has a total of 80 points, a total of 800 US dollars!

At this time, Chen Hui saw Luo Baowen coming out of the bathroom, wearing a bath towel, Chen Hui blinked his left eye at her, and the two looked at each other and smiled.