Rebirth 1981 starts with saving the sisters from the neighboring village.
Chapter 679 [97 Asian Financial Crisis]
The man's girlfriend listened to his endless words and nodded immediately.
When I saw him staring into the distance, I looked over there curiously.
I saw beautiful ladies with fluttering clothes like fairies sitting on the floats, they were so beautiful that it was beyond words!
Not only her, but everyone on the street was staring intently, and some even took out their cameras to take pictures.
Only after the float passed did the woman come to her senses.
Seeing her boyfriend still staring at the departing float, the woman pinched him in annoyance!
"Hiss~!" The man gasped in pain!
"What are you doing?" He covered his waist and cried.
"Have you seen enough?!" the woman asked unhappily.
"Everyone was watching, I just took a look!" the man complained.
This is really not what he wants to see, but it is a man's instinct.
Seeing this, the female reporter quickly changed the subject and exclaimed, "Wow, you know so much about Red Star Theme Park. How do you know so much?"
The man explained: "I am from Huabin Architectural Design Institute and participated in the entire design process of Red Star Theme Park."
"Wow! So you are the chief engineer?" The reporter was very happy that he met the designer of the Red Star Theme Park.
"I don't dare to be the chief engineer. I'm just one of the people responsible for the greening design module of the project, so I'm so familiar with it." The man explained.
The female reporter immediately understood. "Okay, let's go to question 4. I think this question is not a problem for you. Which movie of A Chinese Ghost Story has been released so far?"
"I know that, it's the sixth one!" the woman answered quickly.
"Congratulations, you got it right again!" the female reporter expressed her approval again.
She then asked, "Now there is only one last question left. How many billion Hong Kong dollars did the global box office of "Hong Meng Pan Gu Kai Tian" make this year?"
"18.07 billion!" the woman answered again.
"Wow! Very accurate! Congratulations on getting it right again!" The female reporter praised her with great appreciation.
The woman immediately lifted her ponytail and said proudly, "Of course, I am a loyal fan of Red Star. Every Red Star movie is a classic, and I have seen every one of them!"
"Congratulations! Congratulations to you!" The female reporter took out a shopping coupon worth 500 yuan off for purchases over 1,000 yuan and handed it to her.
Then he watched the two of them reconcile and leave happily.
Seeing the two people walking away, the female reporter suddenly broke into a sweat.
How dangerous!
If she hadn't been quick-witted and changed the subject to a simple one, the two would probably have had a conflict.
But to be honest, these young ladies in Hanfu are really beautiful.
The female reporter also loves beauty, and she was thinking about buying two pieces of Hanfu to wear and show off her beauty.
Just when Hong Kong was returned and the theme park was opening in full swing.
At the same time, the economic situation in Southeast Asia has changed drastically!
On the same day, July 1997, 7, Thailand announced that it would abandon the fixed exchange rate system and implement a floating exchange rate system.
On the same day, the exchange rate of Thai baht against the US dollar immediately plummeted by 17%!
This caused chaos in Thailand's foreign exchange and other financial markets!
The economies of Southeast Asia have always been intertwined. Under the influence of the sharp fluctuations of the Thai baht, the Philippine peso, Malaysian ringgit and Indonesian rupiah have successively become the targets of attack by international speculators including Quantum Fund.
In August, Malaysia gave up defending the ringgit.
This has caused the usually strong Singapore dollar to take a hit!
Although Indonesia was the last country to be attacked, it suffered the most severe impact!
Seeing the exchange rates of neighboring countries depreciating, Indonesia joined the devaluation army in order to protect itself from speculative attacks and improve its export competitiveness.
However, this move did not bring about any improvement, but instead made the economy worse.
The defects in foreign debt and foreign exchange management provide international capital with greater opportunities to take advantage.
International capital was frantically short selling, exacerbating the depreciation of Southeast Asian currencies, and then bought them back at extremely low prices, making huge profits!
After draining these countries of their foreign exchange, these Southeast Asian countries are like fish on a chopping board, at the mercy of others.
Then the Western International Monetary Fund appeared like a savior and imposed many hegemonic terms on these countries to provide them with dollar loans.
In order to survive the crisis, the Southeast Asian countries that suffered heavy losses had no choice but to quench their thirst by drinking the antidote that they knew was poison.
These are my experiences in these Southeast Asian countries in my previous life.
But this life is a little different.
It is impossible for Peng Wanhua to let Western capital take the lead.
Under his plan, Zhu Peter and Andrew got in early, and Huang Qi also had his plan in place.
After making some money by short selling, they immediately started acquiring severely depreciated assets in Southeast Asian countries!
Made a fortune!
By late October 1997, after a wave of stock market boom, the Hong Kong Hang Seng Index had reached point!
International speculators began to move to Hong Kong.
In fact, Western hot money, led by Quantum Capital, had been eyeing Hong Kong's foreign exchange, futures and stock markets as early as 1996.
Planning to short the foreign exchange market and stock market!
For every 50 points the stock market drops, Western hot money can earn billion Hong Kong dollars!
If Hong Kong’s foreign exchange is drained, the loss will be more than 8000 billion Hong Kong dollars!
A tug of war has begun!
The first step of national speculators is to borrow and sell Hong Kong dollars!
The Hong Kong government’s response is to raise the lending rate!
Although the trend of Hong Kong dollar selling was alleviated in the short term and the liquidity of the Hong Kong dollar was reduced, the panic caused individuals and businesses to rush to banks to withdraw their money.
The liquidity of the Hong Kong dollar has dropped sharply, and ordinary people can only choose to sell their assets.
Because Hong Kong stocks have the strongest liquidity, they have become the first choice for most people.
However, this was exactly what international capital wanted. A large amount of selling appeared and the stock market began to plummet!
On October 10, Hong Kong’s Hang Seng Index fell 23 points!
On October 10, the Hang Seng Index fell again by 28 points, falling below the 1621.80 point mark!
Facing the fierce attack from international financial speculators.
When many banks remained silent.
Huang Qi, general manager of Huaqi Bank, said that he will stand by Hong Kong through thick and thin!
Although China Merchants Bank is not a note-issuing bank in Hong Kong, its business volume is no weaker than that of HSBC.
In Hong Kong's ToB business, China Merchants Bank basically has the dominant position.
Especially those large companies, both obvious and invisible, in Hong Kong, all use the services of Huaqi Bank for their bank opening and corporate accounts.
As the ToB business surged, the ToC business became more active.
Including ordinary people’s basic accounts, insurance, securities accounts, etc.
Although Huaqi Bank has never disclosed its performance, people who understand its strength know its strong strength.
This statement instantly made the front page headlines of major newspapers!
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