Rebirth 94: Restarting Life

Chapter 128 The Thai Baht Plunges

When everyone returned to the hotel, the hotel staff thought they had encountered a group of beggars and almost drove them out. There was no way, they really looked very embarrassed now.

Fortunately, the room cards are still on my body, otherwise I really don’t know how to explain it.

Finally, the staff let them go up and everyone was able to return to the room. Looking at their embarrassing appearance, Li Jianren smiled bitterly. Fortunately, he brought Lao Chen and the other three today, otherwise he really wouldn't know how to end.

Wu Jiamin knew that he had caused trouble today, so he quickly accompanied everyone, and said that he would invite everyone to play in Xiangdao next time and would compensate everyone.

Li Jianren ignored this guy and drove them all back to their respective rooms. Then he endured the pain on his body and went to change clothes and take a shower. In the shower, looking at his body full of purple, he couldn't help but sigh that his body was still not good. It seemed that he really needed to learn two tricks from Lao Chen and the others.

In three years, it seems that there have been many fights. Although most of them are passive reasons, they make themselves a little embarrassed every time, which seems to fully illustrate the problem.

No, I will study hard with Lao Chen from tomorrow. I don’t expect to practice like Lao Chen and the others. At least I must have the ability to defend myself. If any time, Lao Chen and others are not around, wouldn’t I have to be beaten?

The next day, when he woke up early in the morning, he saw that Wu Jiamin still had a blue nose and swollen eyes, Li Jianren felt funny.

"Brother Jiamin, you can be considered a gentleman and a scumbag, why did you become so impulsive yesterday?"

Wu Jiamin looked depressed, "I drank some wine yesterday and was a little too excited. The foreigner was still arrogant in front of me. How could I bear it?"

"I tell you that when you go out, you will still be kind and make money, and impulse is a devil. We are here to make money, not to compete with others." Li Jianren advised Wu Jiamin with a little blame.

"Hey, after I came back yesterday, I felt regretful. I had a fight for no reason, but I didn't fall well." Wu Jiamin was indeed a little regretful. He just fought with someone for a dancer. If it weren't for Lao Chen and his wife's fierce enough, it might be possible that he could come out yesterday. It would be too embarrassing to say it out.

Li Jianren stepped forward and patted his shoulder, "This matter has passed, we have to continue to stay here for a while. Don't be unable to get along with the money. Today we are still the same. You and Zhang Jiaqiang continue to stare at me, and call me whenever there is any change."

When it comes to making money, Wu Jiamin immediately became motivated, "Okay, listen to you. Aren, it's been five months, and we've been tossing back and forth, and we almost doubled our money."

"The Thai government is still preparing to fight to the death, so it will make the Thai baht go up and down. Otherwise, we will not have made so much money. But I guess it's almost done, and it may be clear this month. Then we will smash all the Thai baht."

Li Jianren didn't know how much Quantum Fund made in this wave. He claimed that he made about 5 billion US dollars in Thailand in 1997. But only they know whether this data is accurate.

Anyway, Li Jianren has made a profit of 400 million so far. The next wave depends on how much it can be spent. Even if he spends 50% of the Thai baht, he can still make at least 400 million US dollars. Now he has 800 million capital.

Wu Jiamin took Zhang Jiaqiang and continued to get busy again. Li Jianren went to find Lao Chen to ask for advice on exercise. The day did not change, so he just passed like this.

Until June 27th, Wu Jiamin rushed into the hotel and found Li Jianren, "Aren, I feel something is abnormal. A friend of mine in Thailand told me that the Thai government does not have much US dollars in hand. And there are more and more people selling Thai baht on the market. What should we do now?"

Looking at the data and the latest exchange ratio, Li Jianren felt that the Thai government might really not be able to withstand it, a few days earlier than his previous life. This should be the role of his butterfly.

You can't wait, just throw it all down. Let's take action first. Someone will follow up in the future unless he can't get along with the money.

"Brother Jiamin, let's do it. I'm almost done today." Li Jianren said lightly, but his eyes were shining.

Wu Jiamin was also waiting for this opportunity. When he saw Li Jianren's speech, he immediately became excited. He believed Aren's judgment. For nearly half a year, Aren seemed to have not made any mistakes. As long as the Thai baht is being fought this time, they will definitely not be able to turn over in a short period of time.

At that time, they could leave. As for whether to go to other countries to make another move, it depends on how Aren arranged it.

Wu Jiamin picked up the phone and called out. In less than an hour, there was a reply there, and the Thai baht had been sold. At the same time, the exchange rate fell again, but the amplitude was not too large.

A few more hours passed, and news came from there that someone was selling the Thai baht on a large scale, and the exchange rate fell sharply. It has fallen from 1:22 yesterday to 1:30, and it is still falling.

Li Jianren knew that this was Quantum Fund following up, and they could not give up such a good opportunity.

At the same time, ordinary citizens also began to panic. In one day, the Thai baht in their hands had depreciated by nearly 50%, how could this be afforded? So a large number of people began to go to the bank and prepared to exchange the Thai baht in their hands into US dollars or other currencies.

There was another run in Bangkok, and it was even spreading outside Bangkok.

On June 29, the Thai baht further depreciated, and the exchange rate reached 1:35, and a nationwide wave of selling began to follow.

The Thai government was unable to resist and could only announce that the Thai baht gave up its pegging system and adopted a floating exchange rate system to manage. This further caused financial turmoil, leading to currency depreciation, economic growth declined, and stock markets fell.

A few days have passed, and the Thai financial market is already wailing. However, some people have made a lot of money.

Wu Jiamin was very excited and wanted to invite everyone to go out to celebrate, but was directly rejected by Lee Jianren. This time should be the most low-key time, and it would be best for everyone to know that they were involved in this big bet.

Fortunately, there is a big head in front of him. He belongs to the larger shrimp among the shrimps. When he settles the accounts, he probably can't count it on his head. However, the name Kunpeng Capital is probably going to be named in the circle.

Li Jianren was also very happy. After this wave continued, he would have at least 50% profit, or even more. Although he still couldn't compare with Quantum Fund, he was able to get what he wanted. It was almost time to retreat and he could switch to other Southeast Asian countries.

The only regret is that on July 1st, he could only watch Xiangdao’s return on TV and could not experience it personally.

Similarly, the college entrance examination scores were announced at the end of June. His total score was 662 points, and Jinling University had ensured no worries. Cheng Xiaoxiao also got 613 points. According to the admission score line of Jinling Normal University in previous years, there was basically no problem. This made him let go of a stone in his heart.

Lee Jianren called Wu Jiamin, "We should almost withdraw and prepare to move to Malaysia and Singapore."

"Okay, listen to you, I feel that the Thai baht is over and there is no room for operation. Then I will handle the finals and I can also pay off the previous loan. I just don't know if they will give me a good look." Wu Jiamin smiled sinisterly.

Li Jianren didn't care about it. These were all done by Wu Jiamin and Zhang Jiaqiang. Although they used the brand of Kunpeng Capital, it would be a bit of a benefit for him, the boss, to not come forward. Kunpeng Assets was registered in the Cayman Islands, and no one knew that he was in control, so it would be better for him to hide in the dark.

Two days later, Wu Jiamin finally handled the finishing process and everyone was ready to go to Malaysia.

In the hotel, Li Jianren and Wu Jiamin took stock of all the profits over the past six months. Li Jianren's $450 million in funds has now become $1.28 billion.

Wu Jiamin's capital is too small, only 30 million US dollars. But now he has nearly 100 million US dollars in capital, which makes Wu Jiamin ecstatic. Half a year ago, he dared not think so much.

Of course, all this was brought by Ah Ren. Although he had been working hard in it, Li Jianren was basically the things he used to his brains, and he sincerely thanked this friend.

He has been a little-known little person in his family by investing in Jianhui Supermarket, and now he has followed Ah Ren to hype the Thai baht. From the beginning, his net worth was only a few million US dollars, but now it has reached 100 million US dollars. It has increased dozens of times in just over a year. It seems that it is not an exaggeration to say that he is a legend in the financial industry of Xiangdao.

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