Zheng Yutong naturally wouldn't know the inside story of this layer, otherwise, I am afraid that Fang Mingyuan's appreciation would have to add a few more words: "In just a few years, hundreds of millions of dollars have been used to obtain hundreds of millions of dollars in profits, and even billions of dollars have been obtained.

Gambling, drug trafficking, futures and other high-risk transactions can only occur with a small probability, and Fang Mingyuan can complete this impossible performance in the traditional business field, even if it cannot be said to be unprecedented, it is definitely rare in history.

In fact, Fang Mingyuan is still not to mention, more than 4 billion rubles of diamond embryos are just the amount he purchased for the first time, and in the following years, he has purchased a lot one after another, and the total amount is almost billions of rubles, but most of them are still used for ruble loans before the collapse of the Soviet Union, and a small part is obtained directly from the Alrosa branch of the Republic of Yakutia by barter. The profit obtained is much less than that of the first batch of purchases, but it is also dozens of times more profitable.

"Grandpa Cheng, I think Chow Tai Fook Jewellery & Gold's business expansion in Hong Kong and Southeast Asia has almost reached its peak, should we slow down the pace of development, consolidate the existing market, and turn our attention to the inland market?" Fang Mingyuan said softly, "I think that Southeast Asian countries, in recent years, the economic development speed is too fast, the financial system is not perfect, many Southeast Asian countries such as Thailand, Malaysia and South Korea have long relied on short- and medium-term foreign loans to maintain the balance of payments, the exchange rate is high and most of them maintain a fixed or linked exchange rate with the US dollar or a basket of currencies, which will provide a very good hunting opportunity for international speculative funds." ”

Zheng Yutong was taken aback, he naturally understood what Fang Mingyuan meant by his words, "You mean that there may be an economic crisis in Southeast Asia?" ”

Fang Mingyuan nodded slightly and said: "Yes, I think that in the past two years, if the financial situation of Southeast Asian countries has not been fundamentally changed", then the possibility of an economic crisis will be very high. Once it is targeted by international speculative funds, it is likely to cause big trouble. ”

"Have you told Old Man Guo this?" Zheng Yutong asked in a deep voice.

"Grandpa Guo is also concerned about this, but even if there is an economic crisis in the future, for the Kwok's Shipping Group, which is gradually shifting its business focus to the mainland market, it will not reach the point of breaking the bones." Fang Ming said from afar.

Zheng Yutong knows that in recent years, although Kwok's Shipping Group is still rapidly expanding its capacity, the company's business focus is to transfer to the mainland, "a large number of cargo ships, oil tankers, are transporting goods and raw materials for mainland enterprises, although the total capacity into the Southeast Asian market has not changed significantly, but the proportion of the group's total transport tonnage is declining year by year."

"Mingyuan, do you mean that once an economic crisis occurs, Southeast Asian countries may face a heavy economic setback" but the mainland market is not affected? Zheng Yutong keenly grasped the core of Fang Mingyuan's words.

"Yes. It cannot be said that it is not affected, after all, Southeast Asian countries are also important trade objects of China, if the economy of these countries has suffered a heavy setback, it will definitely have an impact on China's economic development" However, I think that China's economy, because it is still in the process of reform and opening up, the domestic financial industry is still in a relatively closed state, in this case, the impact of the economic crisis, the influence on the mainland is the smallest among these countries. At least, on the mainland, you don't have to worry about the possibility of a sharp depreciation of the local currency, and Mingyuan answered Zheng Yutong's question in the affirmative.

Zheng Yutong gasped, he couldn't believe that the countries of Southeast Asia that were now developing well "would actually face an economic crisis in a few years: but he didn't dare not believe it, the more he knew about Fang Mingyuan's brilliant achievements in the past, the more he didn't dare to underestimate Fang Mingyuan's judgment ability. I didn't believe it back then, but the tragic consequences it brought about, I'm afraid that when I mentioned this matter for decades, I regretted it!

Moreover, "he does not think that Fang Mingyuan has the need to deceive himself, Chow Tai Fook Jewellery Jinjing has become a leader in the jewelry industry in the Southeast Asian market in recent years, and "appropriately slowing down the expansion rate and consolidating the existing market share" is also a measure that the company should take in its operation. Investing in the mainland market is also the direction that Zheng Yutong has been working hard in recent years!

And the chaos in the economies of Southeast Asian countries, to say that Zheng Yutong doesn't feel it at all, it is absolutely nonsense! It's just that without Fang Mingyuan's affirmation, it is impossible to say that the crisis will break out in the next two years.

"Mingyuan, xiexie you! For your suggestion, my Zheng family will definitely consider it carefully! Zheng Yutong patted Fang Mingyuan's hand and felt authentic.

Fang Mingyuan smiled slightly, he is the kind of person who respects people and respects people. Since the relationship with the Zheng family, the old man Zheng Yutong has indeed fulfilled the responsibility of an elder to him, and this time, he has done himself such a big favor in the matter of Jimin Bank, of course he has to repay the favor.

It is now '96, and the Southeast Asian financial crisis that swept the whole of Southeast Asia and shook the whole of Shijie in '97 can be said to have come in a storm. In this financial crisis, the countries of Southeast Asia have suffered extremely heavy losses, not only the sharp depreciation of their currencies, but also the general depreciation of nearly 40 percent, the highest being Indonesia, which has depreciated as much as 83 percent, from 2,400 rupiah to one dollar to more than 14,000 rupiah to one dollar, and the wealth accumulated by the Chinese people has shrunk by more than half in just a few months. Moreover, the gross national product of these countries will also fall sharply, not to mention the national income.

In this financial crisis that has swept Southeast Asia, Hong Kong naturally cannot be left alone, although it is said that with the strong support of the mainland, the stock market and the Hong Kong dollar have withstood the attack of the speculative group headed by Soros, but the price paid is also extremely considerable. In this campaign, the Hong Kong government used a large amount of foreign exchange reserves to invest in the stock market, and at one time it accounted for 7 percent of the market value of Hong Kong stocks, and even became the majority shareholder of some companies; after this crackdown, Hong Kong's per capita GDP and total GDP returned to the level of 1997 10 years later.

Fang Mingyuan does not worry about the life or death of Southeast Asian countries, this financial turmoil is a great opportunity for him to expand the Fang family's industry, but this does not mean that he can ignore Hong Kong, no matter how Hong Kong people view China, he regards Hong Kong people as his compatriots. Naturally, we don't want Hong Kong to go through this lost decade.

However, in order to save Hong Kong and prevent Hong Kong's economy from suffering a heavy blow in the future financial crisis, it is undoubtedly unrealistic to rely only on the Fang family and the Guo family, so it is the best policy to unite these wealthy families in Hong Kong's business community and join hands to resist the speculative group headed by Soros. In recent years, the Zheng family has been relatively close to the Fang family, so it has naturally become one of Fang Mingyuan's choices. This time

Zheng Yutong just doesn't come, he will also find time to remind the Zheng family this year.

"Grandpa Zheng, if you think I have a point, work with Grandpa Guo to persuade others that before the crisis breaks out, we must reduce investment in Southeast Asian countries and reduce investment, just in case. Hong Kong's economy and Southeast Asia's economy are like chún teeth, once Southeast Asian countries fall into an economic crisis, how Hong Kong should respond, but also please be mentally prepared! ”

Fang Mingyuan said solemnly.

"I understand!" Zheng Yutong is naturally thorough.

Fang Mingyuan didn't say anything more, an old fox in the business world like Zheng Yutong, this kind of thing, there is no need to say anything more, as long as he clicks through that layer of window paper and makes him aware of the possible existence of risks, then the next thing, he will do it more perfectly than you think! Fang Mingyuan doesn't think that he can be more capable than Zheng Yutong, who has been tested in the business world, in terms of specific guidance for running a business!

Zheng Yutong and Zhi Mingyuan returned to the two daughters, and Zheng Jiayi pouted: "Grandpa, what is there that makes you so anxious, you can't even leave the airport first, you have to talk to him for so long?" ”

Zheng Yutong hahadaxiao said: "Jiayi, let you and Qiu Xian wait for a long time, grandpa will invite you to have a big meal in a while, and the right to apologize to you daoqian, okay?" "When I first arrived in Shanghai, I solved the problem that had plagued the Zheng family for a long time, and Zheng Yutong is now in a good mood!

"Grandpa!" Zheng Jiayi said angrily, "Why are you always these three axes, except for eating, you are eating!" People still have to stay in shape, but you always come to yòuhuò people with big meals every once in a while! ”

"Uncle Zheng, it seems that this trip to Shanghai will be very fruitful, here, I want to congratulate you Uncle Zheng in advance!" Yu Qiuxuan saw that Zheng Yutong was full of spring breeze, walking briskly, and the whole person seemed to be a few years younger, so he naturally knew that the kindness released by the Zheng family this time must have been richly rewarded by Fang Mingyuan!

"Hahahaha, Qiu Xuan, your girl's eyes and nose have been sharp since she was a child! I can't hide anything from you! Zheng Yutong said heartily, "This time, Mingyuan, he has done my Zheng family a great favor!" ”

"Grandpa Zheng, you are too polite, I just happened to be at the meeting, I was lucky, I just had such a batch of goods in my hand!" Fang Mingyuan smiled.

"No, no, no, this can't be explained by luck!" Zheng Yutong waved his hand again and again, "This can only show that you have vision and courage!" Hey, I'm convinced, Qiu Xuan, your old man, my brother Guo, this ability to recognize people is really very comparable! I, Zheng Yutong, am willing to bow to the wind and be ashamed of myself! ”@。