Chapter 456: The Storm Strikes
If the listing of Nanfu battery is still unexpected, then the rest is to advance step by step.
With a large amount of money from book loans and cashing out in the stock market and real estate market, the country began to invest a lot of money, and the more it invested...... More cash flow.
It's a bit of a laugh and cry. However, it is not surprising that now there is money in the country is the uncle. As long as there is investment, there is no need to worry about preferential policies and bank loans.
To be honest, as long as you are a high-quality customer, banks are rushing to give you loans. It's really annoying that you can't spend your own money at all!
All right! There is no need for such Versailles.
The first is the restructuring of the Elliptical School - Beiwu Elliptical Computer Branch.
This time, Li Yuan donated all of this school to the Higher Education Bureau, and simply upgraded it to a public university. And only left the honorary title of honorary principal, completely letting go of this school.
Of course, the Higher Education Bureau also gave a return, setting aside a piece of land in the suburbs of Beijing as the new campus of the branch. And the original old campus was handed over to Li Yuan for commercial real estate development. All development costs are borne by Li Yuan, and the cost of future leasing will be used as the school property and funds of the branch school. Again, all of them are donations from Li Yuan.
In the end, Li Yuan is a man who is very afraid of trouble. If you donate to a student like this, leave it to a professional organization to deal with! Why do you have to do everything on yourself? As long as you can get merit points, that's enough.
However, in order to keep this branch school, Beiwu made a big fuss, and it made the Higher Education Bureau restless?
In the end, the Higher Education Bureau can only compromise, and it can't deal with a group of old ladies?
Love whoever you want! China's computer IT education depends on you big sisters who dance ballet and folk dance!
In this way, there was an unexpected surprise. Gu Yuqin and Li Yunyun, they also successfully transferred to the establishment, and actually became college teachers?
This made the women of the family stupid for a while.
After throwing away this burden, most of the others are still the investments of the seven listed companies in the mainland. Many branches have been laid out, and it has rapidly spread to the national market.
The more special ones are the following companies:
One is Guodong Electronics, which has undertaken a lot of OEM business. What BP machines, desktop computers, etc. It is an assembly factory, through the two parallel lines overseas, and constantly exports.
But really, the growth of the business is just like that, and there is no blowout at all. Let's leave it at that! For the time being, it can also ensure the normal operation of the enterprise.
One is the Qinglong electric car.
In the electric moped industry, Qinglong has become one of the most well-known and best-selling brands.
Unfortunately, it is still a market for fuel mopeds, and domestic cities have not yet launched a ban on motorcycles. Electric mopeds are not mainstream, and the market size is like that.
Therefore, this factory is similar to Guodong Electronics, they have become employment projects in Neizhou City, and the profit is not much, but it has become a solution to the employment problem.
As for the electric vehicle project, the first model has been trial-produced, and several prototypes have been produced.
But the technical specifications of these prototypes were not competitive. It's just that many of the front-end tech trees haven't been fully clicked on yet. You can only accumulate experience and take your time!
There is also Phoenix New Energy. About this company, just two words - burn money!
The Phoenix New Energy Closed-Cycle Project in the Northwest is currently in full swing of construction, but it is not yet a glance away from seeing the benefits.
The only takeaway...... It's a free-range flock!
Many local land-expropriating farmers have used the wilderness meadows as pastures. Don't either, the taste of these sheep is still very good, and Li Yuan's family feels very satisfied after eating it. Ahem!
There is also the three-legged black drone factory. The secrecy of this factory is relatively tight, and the scale is not large. After all, the current technical conditions cannot be reached, and only the kind of very primitive and backward ...... can be produced Big toys. The most important thing is that there is no Beidou at all.
But even so, it is still quite important. He even got an order to renew the life of the factory.
Anyway, let's make do with it for now! It's also constantly burning money!
In addition, it is the investment and cutting of some industries.
Like the real estate part, major cities across the country have more or less invested in a part, mainly as an office and production base for their own industries. Of course, there are also some staff areas and staff dormitories.
Actually, it can't be helped. After thinking about it, real estate is more suitable! At least there is a high-quality fixed asset.
The other is the remaining mainland assets of the Han Palace. Use what can be used, sell what should be sold, and dispose of what should be disposed of......
There is also the Tree of Life of Agricultural University and Shenjiang. He also entrusted the management rights to Shen Jiang and his team at the Agricultural University.
In addition, there are still a lot of bits and pieces. Anyway, it's to own the shares and entrust the right to operate! Even some people who don't have the money to get their hands are allowed to rent before they buy.
It's really too lazy to take care of so many industries. It's better to cultivate oneself and be quiet like the current one.
In the blink of an eye, it came to the end of 97!
……
The old residence of the Huang family in Hong Kong, brightly lit and full of VIPs, is holding a luxurious party here.
Huang Jiaojiao happily held Ling Ling in one hand, hugged her son Wenwen, and constantly greeted guests from all walks of life, laughing proudly from time to time. Today's party is the full moon wine to celebrate Wenwen.
However, many of the guests present had a hint of worry on their faces. Without him, the recent economic situation has been very bad, and it has slowly affected Hong Kong's economy.
At this time, many people do not know that the Asian financial crisis is now being faced, and that it is only the first stage of the financial crisis.
Not long ago, on July 2, Thailand announced that it would abandon the fixed exchange rate system and implement a floating exchange rate system, which suddenly and unexpectedly triggered a financial turmoil throughout Southeast Asia.
When the exchange rate of the Thai baht fell by 17% against the US dollar, foreign exchange and other financial markets were in chaos. Under the influence of the fluctuation of the Thai baht, the Philippine peso, the Indonesian rupiah, and the Malaysian ringgit have become the targets of international speculators.
By August, Malaysia had abandoned its efforts to defend the ringgit. The Singapore dollar, which has always been strong, has also taken a hit. Although Indonesia was the last country to be "infected", it was the hardest hit.
In late October, international speculators moved to Hong Kong, an international financial center, and the spearhead was directly aimed at Hong Kong's linked exchange rate system. The Taiwan authorities suddenly abandoned the exchange rate of the new Taiwan dollar, which depreciated by 3.46 percent, increasing the pressure on the Hong Kong dollar and the Hong Kong stock market.
On October 23, Hong Kong's Hang Seng Index plummeted to 1211.47 points; On the 28th, it fell by 1621.80 points and fell below the 9000 point mark. In the face of the fierce attack of international financial speculators, the Hong Kong SAR government reiterated that it would not change the current exchange rate system, and the Hang Seng Index rose to the 10,000-point mark......
On the balcony on the second floor, Li Yuan and Huang Dongsheng were watching the distant sea view and chatting about the just-concluded World Cup.
"Yuanzai, how can the French team win the championship? How did Ronaldo get sheep madness? I lost 200,000 in this one! I'm picking! ”
Li Yuan laughed: "Brother Dongsheng, do you know the home advantage?" So far, the World Cup has never been an exception to what continent is held and where the team wins the championship. ”
"Huh! Why aren't you early? Is there such a rule? So in the next World Cup in Japan and South Korea, will we be an Asian team? Will we ...... Well? ”
"Don't worry about this! The national football team will always put you at ease. ”
The two of them laughed and were in a relaxed mood. Because of Li Yuan's prior reminder, they basically vacated the real estate and stocks on hand.
However, soon an uninvited guest arrived: "Ahem. ”
"Big brother!" "Brother Rising Sun! ”
"Hehe, you guys had a good chat? In what? ”
"I'm talking about the World Cup. Big brother, do you have something? ”
"Hmm...... I just want to ask you, the company's funds are a little tight, and I want to borrow some money from your Han Palace. ”
Li Yuan was a little strange: "How much?" If you don't have much, you can go straight to Jiaojiao? ”
"Ahem. She is the child's milk powder money, and she refuses to borrow any mosquito money. ”
"Huh? Is it a big number? Li Yuan and they laughed. Huang Jiaojiao is like this, the inside and outside are distinct. Nothing to the two elder brothers.
Huang Xuri smiled bitterly: "500 million can't you get it?" As you should know, we have a new project in Tsuen Wan, but we didn't expect to encounter this financial turmoil. Rest assured, just follow the ordinary loan interest. The company's money turnover is somewhat poor, and most of it is trapped in real estate projects. ”
"I'll tell Jerry to lend you 1 billion!" Li Yuan smiled, "This way the money can be more relaxed." And it can also cope with the risks in the future. ”
If the father-in-law wants to borrow money, it must be negotiable. And the Huang family is not without money, they are just too superstitious about the Hong Kong housing market, resulting in too many new projects and too much backlog.
Of course, Li Yuan once secretly reminded Huang Jiaojiao, but who would really believe it at that time? It's no wonder that Huang Jiaojiao has a temper with her eldest sister.
But then again, the Hong Kong housing market will pick up sooner or later anyway. As long as they survive this time, these projects will definitely be highly profitable. Not afraid of any risks at all.
However, Li Yuan's words immediately made Huang Xuri nervous: "Yuanzai, is there still a risk?" The risks are not big enough now, huh? ”
"And, of course!" Li Yuan smiled vaguely and did not explain in detail.
It didn't take long at all, and by mid-November, a financial turmoil broke out in South Korea in East Asia, and on the 17th, the exchange rate of the Korean won against the US dollar fell to a record 1008:1. On the 21st, the South Korean government had to ask the International Monetary Fund for help, temporarily controlling the crisis. But on December 13, the won's exchange rate against the dollar fell to 1,737.60:1. The won crisis has also hit Japan's financial sector, which has a large amount of investment in South Korea.
At the same time, a series of Japanese banks and securities companies will go bankrupt. The financial turmoil in Southeast Asia evolved into the Asian financial crisis.
By that time, the whole of East Asia and Southeast Asia will be in order.
And this is the first stage, followed by the second and third phases.
In the second phase, in early 1998, Indonesia's financial turmoil resumed, and in the face of the worst recession in history, the IMF's response for Indonesia failed to achieve the desired results.
Affected by this, the foreign exchange market in Southeast Asia has made waves again, with the Singapore dollar, ringgit, Thai baht, Philippine peso, etc. falling one after another. It wasn't until April 8, when Indonesia and the International Monetary Fund reached an agreement on a new economic reform package, that Southeast Asia's currency markets calmed down for the time being.
The Southeast Asian financial crisis has put Japan's economy, which is closely related to it, in a difficult position. The yen exchange rate fell from 115 yen to 1 dollar at the end of June 1997 to 133 yen to 1 dollar at the beginning of April 1998; In May and June, the yen exchange rate fell all the way, once approaching the 150 yen to 1 dollar mark. With the sharp depreciation of the yen, the international financial situation has become more uncertain, and the Asian financial crisis continues to deepen.
Then came the third stage.
Taking advantage of the turmoil in the US stock market and the continuous decline in the yen exchange rate, international speculators launched a new round of attacks on Hong Kong. The Hang Seng Index fell to more than 6,600 points. The Hong Kong SAR government responded by using the Exchange Fund to enter the stock market and futures markets, absorbing the Hong Kong dollar sold by international speculators, and stabilizing the exchange market at HK$7.75 to US$1. A month later, international speculators suffered heavy losses and were unable to re-realize their attempts to use Hong Kong as a "super cash machine".
The defeat of international speculators in Hong Kong was accompanied by a crushing defeat in Russia. The Central Bank of Russia announced on August 17 that it would widen the fluctuation of the ruble against the dollar to 6.0 to 9.5:1 this year, postpone the repayment of external debt and suspend trading in state bonds.
On September 2, 1998, the ruble lost 70 per cent. All this caused the Russian stock market to fall sharply, triggering a financial crisis and even an economic and political crisis. The sudden change in Russia's policy has greatly damaged the international speculators who have invested huge sums of money in the Russian stock market, and has led to an all-round sharp fluctuation in the foreign exchange markets of the stock markets of the United States and European countries. By the end of 1998, the Russian economy was still not out of trouble.
It will not be until 1999 that the financial crisis will really end!
……
So, where does this go? It's not even the beginning of the story.
However, Li Yuan agreed to borrow money, and the atmosphere of the conversation was much more relaxed.
Huang Dongsheng couldn't help but complain: "I have long known that there will be problems in the economy. Look at Bangkok, where prices are the highest in the world? Think it's Hong Kong? Think it's New York or Tokyo? Thai people are probably crazy about flipping houses, right? ”
Indeed it is. At that time, property prices in Bangkok skyrocketed, almost to an incredible level. As long as it's not in the brain, everyone knows that something will go wrong. And those international financial predators, they are nothing more than adding fuel to the fire.
Li Yuan smiled: "Financial games are like this. When you sit at the table, you will win and lose. It's better to be in Hong Kong. At least there is a good investment environment. ”
Huang Dongsheng understood in seconds, and he suddenly burst out loud: "Hehe! That's true. It's better for us in Hong Kong! ”