Rebirth 94: Restarting Life

Since October 1997, international capital led by Soros has already launched an attack on the Hong Kong dollar of Xiangdao.

At this time, Xiangdao had just returned to the embrace of the motherland, and all aspects were still adapting and adjusting each other. Of course, Western countries did not want to see Xiangdao continue to flourish and stable, so they were already planning early, especially

Capital market.

However, Xiangdao is different from other areas in Asia after all. This is an international financial center, and Xiangdao people have accumulated rich financial experience. Whether it is Wall Street, Tokyo, or London, Xiangdao is not too unfamiliar, and even

During the Southeast Asian financial crisis, there may be some shadows of Xiangdao people.

Therefore, when the capital tycoon led by Soros began to focus on Xiangdao, the Xiangdao government had already noticed it and secretly began to prepare just in case.

You know, the US dollar reserves of Xiangdao are nearly 100 billion at this time. How much capital do you need to pry such a large plate? So, from the beginning, the CMB of Xiangdao was relatively optimistic. He believes that the other party is still relatively optimistic.

Probably a bluff.

When large-scale selling of Hong Kong dollars began to occur in the capital market, the Cangdao Monetary Authority knew that the other party had started attacking. So the CHA immediately bought a large number of Hong Kong dollars to prevent Western capital from succeeding.

In order to control the flow of market funds, the Xiangdao government even increased the bank interest rate by more than 200% in a short period of time.

When ordinary citizens of Xiangdao see such high interest rates, they are willing to deposit their money in the bank instead of continuing to roam the stock market. After all, the stock market is unpredictable at this stage, and no one knows what will happen next.

A large amount of funds are withdrawn from the stock market, which naturally leads to a plunge in the stock market.

Western capital took the opportunity to buy various high-quality stocks and successfully bought the bottom, and finally made a big profit from the stock market.

In 1997, the CNPC maintained the Hong Kong dollar exchange rate in a contest with Western capital and international hot money, which was considered a game. However, the stock market was bought by the other party, and the two sides were basically tied.

But what is really losing are the major institutions and ordinary citizens who are unwilling to be ordinary and think they can call the wind and rain in the stock market. There are always people who are pretentious, but they become leeks of international hot money.

The capital market in Xiangdao was very lively in 1997, but Li Jianren was not involved. One was because Southeast Asia could also operate, so he did not need to leave his reputation on Xiangdao. Second, of course, it was because of insufficient funds.

He only has hundreds of millions of dollars in total, and he cannot help Xiangdao support the exchange rate.

Of course, now he is not qualified to help Xiangdao support the exchange rate, but if you operate it on the stock market, you can still do it. Especially in the later stage, he will follow up and support Xiangdao Monetary Authority and buy in a big way.

Hong Kong dollars, this not only wins the favor of Xiangdao, but also allows you to get a share of the pie in the final stage.

This is the Xiangdao strategy he built for himself in 1998.

At the beginning, Wu Jiamin advised Li Jianren to use leverage to buy some Hong Kong stocks at the bottom, but after thinking about it for a while, Li Jianren gave up this method. After all, he had no way to control every node.

Once leverage is used, maybe there may be problems in a certain link and he may be forced to close his position without time to adjust. This risk is very likely because now the Hong Kong stock market is going back and forth, and the two sides are still fighting desperately.

If you are not careful, you may lose everything. This risk is something that Li Jianren is unwilling to bear.

On January 18th, after finally taking the last course, everyone finally breathed a sigh of relief. Most of them were already preparing their luggage and going home for the New Year. Li Jianren was about to rush to Xiangdao, and Wu Jiamin sent an invitation.

, invited him to a charity auction for several days.

Originally, Li Jianren planned to take Cheng Xiaoxiao with him, but unfortunately Xiaoxiao planned to go home once. He rarely saw his father in a year. It was the Chinese New Year, and his father should come back.

The relationship between the two parents is now on the verge of danger. She is there and can be adjusted. If she is not there, it is more likely that the two will quarrel again. If you are not careful, it may be a divorce. In this case,

, has been raised from their mouths several times.

If both of them still loved her daughter deeply and didn't want to leave a shadow on their children, they might have already divorced.

In desperation, Li Jianren had to take Lao Chen, Zhao Gang and Liu Quan on the plane to Pengcheng, and then pass through Pengcheng. Wu Jiamin would pick him up there, and everything had been arranged.

"Aren, here!" After leaving the gate and going to the side of the road outside, I saw Wu Jiamin wearing a white suit at first sight, waving his hand at this side.

Li Jianren walked over with a smile, shook hands with Wu Jiamin who came over to hug him, avoiding his shiny hair and the perfume smell of unknown brands on his body. He didn't want people to misunderstand, but he still left him.

It is wonderful to be far away.

"Zhang Jiaqiang didn't come here?" Li Jianren saw that Wu Jiamin was the only one, so he asked.

He is in your company, and the stock market has been turbulent recently, and he needs to stare. I have also arranged professionals to sign confidentiality agreements and cooperate with each other, all in your company.

Taking advantage of the arrival of the financial crisis in Xiangdao, housing prices in Xiangdao began to fall sharply and the bubble began to be squeezed. Li Jianren instructed Zhang Jiaqiang to buy a building next to the Bank of China Building, which was not high, and it was only twenty-six floors in total. The base was

The area is 5,500 square meters and the total construction area is more than 50,000 square meters.

However, in Xiangdao, where every inch of land is valuable, even if it is only more than 50,000 square meters, and next to Xiangdao Bank of China Building, each square is nearly 60,000. Of course, this price was in the early 1997, with the arrival of the financial crisis.

, a year has passed, of course it is impossible to be the price.

The original company that owns this building broke its capital chain and plans to take action as soon as possible. In addition, housing prices have been falling sharply during this period. In the end, Li Jianren spent 2 billion Hong Kong dollars to take over the building and renamed it Kunpeng Building.

.

At this time, the US dollar was about 1:9 to Hong Kong dollars, and the Hong Kong dollar fell. That is, Lee Kin-in spent almost 220 million US dollars to take down the building next to the Bank of China Building. Such a transaction is such a critical node.

Only then can Li Jianren get such a big advantage.

A few years later, when Xiangdao's economy recovers and as Xiangdao's housing prices further increase, such a location and such a building are worth at least HK$10 billion, and it is still the kind that has no market value. Xiangdao is too small

Then, there are even fewer places to use around the Bank of China Building.

Wu Jiamin originally planned to follow Li Jianren to buy a building in other places in Xiangdao, but his funds were not sufficient. If he did it now, he would not have any problems with the investment in the future. During this period, bank loans were very troublesome.

, If you want to lend, the bank really dares not lend.

There are too many companies that have gone bankrupt recently, so banks have tightened their money. Unless they are high-quality assets, it is not so easy to get a loan.

In fact, it is not the lowest time for housing prices in Xiangdao. On the surface, Li Jianren is still a little bit of a loss when he takes action. However, Li Jianren attaches more importance to this area. Most of the companies that own buildings in this area are major consortiums.

It is extremely difficult to take down the building from them.

There may not be such an opportunity in the future. Since this is the case, it doesn’t matter to Li Jianren.

As the car drove all the way, the pedestrians on the road were still in a hurry. It seemed that from the surface, it was impossible to see that Xiangdao's economy was in turmoil recently.

It takes about twenty minutes to travel, not far away, and the car has been driving for a lot of time. It is mainly due to frequent traffic jams. In terms of livability, Xiangdao is not suitable. But occasionally come here to play, or

Shopping, the experience is pretty good.

After getting off the bus, Li Jianren looked at the building, towering among the clouds. It was less than five years since the building was built. From the outside, it still looked brand new. Four golden characters "Kunpeng Building" were shining under the sun.

Radiating a dazzling light.

This is also his first asset in Xiangdao. With this asset, he can also be called a wealthy man in Xiangdao. Although it is not comparable to those with names and surnames in front of him, no matter from which angle it is,

In other words, he is also among the forefront.