Chapter 454: Financial Crisis 3
There was nothing to say all night, and the next morning, Lu Shaohua woke up very early, but today was different from yesterday, he didn't rush to the securities exchange when he got up, but stayed in his residence after running for a while, and didn't go to that place.
It's not that Lu Shaohua doesn't care about the exchange rate of the peso, but Lu Shaohua doesn't have to go out, and he doesn't have to wait for the end of today to know what the decline is, since that's the case, what does it matter if he goes or not?
Lu Shaohua didn't go in the end, but when Liu Mingzhang and the others came back in the evening, Lu Shaohua's expression changed and he became extremely happy. Why are you happy?
The answer is very simple, Lu Shaohua made money today, and as soon as he earned, it was tens of millions of dollars, how could he not be happy.
The bet won, yes, the bet won, Lu Shaohua knew that his bet won almost without asking about the results, not because he knew that he had won because he had memory, but it could be seen from Liu Mingzhang's face.
Disappointment, despair, this is the portrayal of Liu Mingzhang and Li Zongen's two faces. The grimace is as if someone has offended them.
It's also true, they alone lost more than 10 million dollars in betting, how can they be happy?
Regret, deep regret is in my heart, but is regret useful? Time will not sell them regret the medicine to eat, so whether it is Liu Mingzhang or Li Zongen, the faces of the two are not good-looking, they are very depressed, and a sentence keeps flashing in their hearts.
"I didn't bet if I knew it would be like this."
…… Lu Shaohua looked at the two of them with sad faces, and was in a good mood, but he didn't show it, no matter how he said that Liu Mingzhang was his subordinate, although he won a huge amount of tens of millions of dollars, but it was always good to gloat at this moment, and it was also appropriate to take care of the feelings of his subordinates.
"How's it going today?" Lu Shaohua didn't think about comforting them, because he knew that the more comfort he had, the more it would hit them, so he simply changed the topic and asked about today's situation.
"It fell, it fell badly." Liu Mingzhang replied expressionlessly.
"15.3%! Why don't I add one percentage point again, then the commission is doubled. Li Zongen said with a wry smile.
Indeed, if he adds one more percentage point, the bet will be won, of course, there is also a premise, that is, if Li Zongen increases by one percentage point, Lu Shaohua will definitely not bet with him.
"Huh!" Lu Shaohua smiled, looking expected, and then his face was solemn and said. "This decline will last for a long time, but we can't keep speculating on the exchange rate, once the exchange rate falls, combined with Mexico's national conditions, the stock market will definitely fall."
According to Lu Shaohua's memory, Mexico's foreign exchange reserves plummeted by nearly $4 billion between the 20th and 21st. Mexico's entire financial markets are in turmoil. From the 20th to the 22nd, in just three days, the exchange rate of the Mexican peso against the US dollar plummeted by 42.17 percent, and about 70 percent of the foreign capital absorbed by Mexico was speculative short-term securities investment. Capital outflows have been a drain on the Mexican stock market, which has fallen.
The chaos in the financial market has affected the stock market, and the stock market has fallen, which is the highlight of Lu Shaohua, although speculating in the exchange rate can make a lot of money, but it is far less profitable than the futures index, especially Lu Shaohua applied for a margin system from the local bank as early as half a month ago, and the speculation has doubled.
The most important thing is that Lu Shaohua knows the specific extent of the index decline, and he can make a steady profit without losing money, which makes Lu Shaohua more relieved to transfer funds into the stock market.
Speaking of business, Liu Mingzhang's depressed expression was swept away, although he was distressed to take more than 10 million US dollars less, but in line with the principle of doing things, he also cheered up and spoke. "It is a foregone conclusion that the stock market will fall, but the magnitude of the decline is not worth the hype."
Now is the time to discuss the problem, not the time to divide the size, so Liu Mingzhang was also atmospheric when he spoke, and he didn't hide it at all because Lu Shaohua, the boss, was present.
Li Zongen's thoughts were the same as Liu Mingzhang's, and it was still a question worth firing, so he nodded in agreement, but did not speak.
As for the old man surnamed Feng, he chose not to speak, because he knew that he had no right to speak, so he simply didn't say it, and he was embarrassed to say it, last night he guessed that the decline would not exceed 10%, and now it is 15.3%, a full five percentage points difference, but it can't be explained by two words.
It was precisely because the gap between yesterday's guesses was too big that the old man surnamed Feng felt empty-hearted, so he simply didn't speak, and sat there quietly as a good listener.
Lu Shaohua paused for a moment, seeing that the old man surnamed Feng didn't speak, he didn't wait any longer, and continued with the topic just now. "The decline in the stock market will not be too small, and besides, we have applied for a margin system, and speculation must be speculated."
Liu Mingzhang did it single-handedly to apply for the deposit system from the bank, at first he didn't understand Lu Shaohua's intentions, but now he understands it, coupled with the determination in Lu Shaohua's words now, it is not difficult for Liu Mingzhang to guess that Lu Shaohua has already reached this point.
Lu Shaohua has already decided, what else does Liu Mingzhang have to say, and asked directly. "When does it start?"
This time, Lu Shaohua didn't rush to speak, glanced at Liu Mingzhang, and then said slowly. "There's no rush now, what I want to say is that we have to split into two teams, one to continue to speculate on the exchange rate, and the other to speculate on the future, can you do it?"
Lu Shaohua had planned it before he came to Mexico, and the two teams worked separately, but this time there were dozens of people brought over, and they were divided into several teams, which would inevitably put pressure on Liu Mingzhang and Li Zongen.
"I don't have a problem." Liu Mingzhang immediately expressed his position, no matter how much pressure he had, he had not endured it, and this time he just challenged himself.
"I don't have a problem either." Not to mention Li Zongen, who has managed more than a dozen offshore companies over the years, has long been accustomed to separate commands, and now it is the same, there is no problem in coping with it.
"Okay." Lu Shaohua nodded heavily, then shifted his gaze to the old man surnamed Feng, and pondered for a moment before saying. "Mr. Feng, you are the leader of the team this time, and now there are two choices for you to choose, the first is to continue to do the exchange rate, and the second is the stock market, well, let me explain, if you choose the stock market, you may make more money."
The stock market has fallen very much, Lu Shaohua knows it, but after all, the country's funds belong to the state, and the old man surnamed Feng is the leader of this time, Lu Shaohua gave him a chance to choose after all.
The reason why the country mobilized five billion dollars of funds to participate in this financial crisis is nothing more than to make money and make more money, and Lu Shaohua reminded that the old man surnamed Feng knows how to speculate in the stock market even if he is stupid.
"Stock market." The old man surnamed Feng made a choice.
"Okay, tomorrow will be another day, and the day after tomorrow will begin, you can slowly end the exchange rate, and then wait for my order." Lu Shaohua was also very straightforward and gave the order directly.
After ordering everything, Lu Shaohua didn't continue, knowing that they were very tired, he simply let them rest.
…….
What happened next became much simpler, and as Lu Shaohua remembers, on the third day, December 22, the peso continued to plummet, falling another 13.87% in one day. So far, in just three days, the Mexican peso has plummeted by 42.17% against the US dollar.
And after the end of the 22nd, on the 23rd, the old man surnamed Feng began to supervise the four team members under him to start selling slowly, preparing for entering the stock market.
It took three days, and on the 26th, they finally sold all of them and were ready to move to the stock market, but there was a difference from before they entered the market, and the $5 billion mobilized by the state has now more than doubled, and has become more than $11.8 billion.
How many times the funds have increased is not what Lu Shaohua needs to care about, if it weren't for the promise that Deng Lao would have the opportunity to make money with the country, Lu Shaohua would not have had much trouble leading such a team of people to Mexico together.
However, everything must have a beginning and an end, and since it has been made, Lu Shaohua has to go all the way until the end of the financial crisis.
Fast and fast, another three days passed, the penultimate day of 1994, December 29.
This morning, Lu Shaohua got up earlier than usual, went down to the first floor, and when he saw that everyone was there, he was not polite, so he found a random place to sit down, glanced around, and then asked. "Mingzhang, Zongen, have you two discussed it? Who is responsible for the exchange rate, and who is responsible for the stock market? ”
"My stock market, Zonn exchange rate." Liu Mingzhang quickly agreed.
"Well, that's good, Zongen, it's almost time, you go and do your thing." Lu Shaohua didn't want to support Li Zongen, but the time was really not early.
Li Zongen didn't say anything, got up and left, and there were three people left in the hall at once, Lu Shaohua, Liu Mingzhang and the old man surnamed Feng.
"Today is the 29th, and there are only three days left to cross 1995." Lu Shaohua first said something unrelated to the topic, paused, and his face was grim before continuing. "Let's get started today, and tomorrow the stock market could fall sharply."
The financial crisis began to break out on the 20th, and now it has been 9 days, the exchange rate has been falling, but the stock market has not fallen much, although it is a little unstable, but many shareholders think that the stock market will not be affected, but they never imagined that on the penultimate day of 1994, the stock market fell sharply, and the shareholders woke up and realized that 9 days were nothing but a reprieve period.
"Target?" Liu Mingzhang was very simple, and at the same time, he was inexplicably excited in his heart, because the time to show his skills had come.
Lu Shaohua glared at Liu Mingzhang angrily, and then continued. "Mexico IPC Index."
Yes, Lu Shaohua speculated on the IPC index, speculated on the fall, and also used the margin system, as for the amount of funds, it was withdrawn from the original 586 US dollars, which is as much as 33 billion US dollars, which is a real big job.
……
(To be continued)