Rebirth in 1985

Chapter 653: General Ledger, the Evolution of the Storm

At the moment when the stock market closed, all the information was transmitted through QQ's special channel, and all the information was almost the same, and the mission was completed. This would also mean that the operation was officially over and the positions were cleared. The next thing was to wait for Li Yunqing and others to compile the data.

However, Lu Shaohua did not have the patience to wait any longer. After hearing that it was over, Lu Shaohua just chatted with Li Yunqing and the others for a while, then left and rushed to his villa.

It has to be said that Li Yunqing and his team were very efficient. By six o'clock in the evening, they had calculated the data, sent it to Lu Shaohua's email via the Internet, and called Lu Shaohua, asking him to take some time to take a look.

Lu Shaohua couldn't wait to know the result. After receiving Li Yunqing's call, he walked into the study, opened his email, and browsed the final results.

This time is different from the previous times. This time, not only does it target the stock markets of three countries, but the investment is also more complicated and scattered. This also makes the final data very messy, with several pages of densely packed data.

Fortunately, Lu Shaohua only looked at the final results when looking at this kind of data, so he didn't waste too much time. He turned directly to the last page and started reading it carefully.

When all the data was put together, the results were clear: the final profits of the stock markets of the three countries were 66.3 billion US dollars.

Of course, the more than 60 billion US dollars includes the principal, of which the principal accounts for nearly 20 billion US dollars, and the actual profit is only more than 40 billion US dollars.

And so? Maybe in Lu Shaohua's eyes, more than 40 billion US dollars is not a lot of money, but if it is put in the eyes of others, these more than 40 billion US dollars can make them spend comfortably for more than ten lifetimes.

To Lu Shaohua, money is just a number, so he did not react too much after seeing the number. He just smiled and nodded slightly, expressing his satisfaction with the number.

At this point, the first phase of the Asian financial crisis has come to an end. One more action will mark its end. The next steps will be the second and third phases. It is time for Lu Shaohua to settle the accounts.

Four months and one day have passed since the outbreak of the financial crisis. During this period, Lu Shaohua has closed his net three times. The first time was the Thai baht and the Thai stock market. Of course, the principal and profit added together, a total of 143.8 billion US dollars were earned.

The first wave ended with a principal and profit of 1438 billion US dollars, followed by the second wave, which targeted four countries, namely the Indonesian rupiah, the Philippine peso, the Malaysian ringgit, and the Singapore dollar and the Singapore stock market.

The second wave of profits was relatively large, totaling more than 373.6 billion US dollars, including principal and profit. This figure is for three countries, plus the more than 300 million US dollars from the Singapore dollar and the Singapore stock market, totaling about 374 billion US dollars.

One number is 1438, and the other number is 3740. The two together reach a terrifying 5178 billion US dollars. Adding the 663 billion US dollars this time, the total is 5841 billion US dollars.

Of course, this figure includes Lu Shaohua’s capital of 200 billion US dollars. Excluding the capital of 200 billion US dollars, the actual profit is 384.1 billion US dollars.

However, Lu Shaohua knew that this number was not accurate, because such numbers were all without decimals and only large amounts were counted. If the decimals were actually added up, the number would be at least two hundred million dollars more.

However, Lu Shaohua was already satisfied with this figure. After all, 3841 billion US dollars was a huge fortune. Moreover, the Asian financial crisis was only in the late stage of the first stage. Japan and South Korea had not been attacked yet. If these two countries were attacked, Lu Shaohua would take the opportunity to make a fortune. He would not ask for too much, just a few hundred billion US dollars. In this way, in the first wave, Lu Shaohua would actually earn more than billion US dollars.

That’s not all. What about the second and third stages of the financial crisis?

As far as I can remember, in early 1998, Indonesia once again became the focus and the fuse, and the financial crisis re-emerged. Faced with the worst economic recession in history, the prescription prescribed by the International Monetary Fund for Indonesia did not achieve the expected results.

On February 2, the Indonesian government announced that it would implement a pegged exchange rate system between the rupiah and the US dollar to stabilize the rupiah. However, this move was unanimously opposed by the International Monetary Fund, the United States, and Western Europe. The International Monetary Fund even threatened to withdraw its aid to Indonesia.

With such a result, we can predict what will happen, that is, Indonesia will fall into crisis again, and not just a small crisis, but a dual outbreak of financial and political crises.

On February 2, the exchange rate of the Indonesian rupiah to the US dollar fell below 16:10000. Pay attention, it fell below 1:10000. That is to say, if 1 US dollar is converted into Indonesian rupiah, it is 1 Indonesian rupiah, a very scary ratio.

Not only that, affected by the Indonesian rupiah, the Southeast Asian foreign exchange market was turbulent again, with several currencies including the Singapore dollar, Malaysian ringgit, Thai baht, and Philippine peso falling.

It was not until April 4 that Indonesia and the International Monetary Fund reached an agreement on a new economic reform plan, and the turmoil that had lasted for nearly two months subsided and the Southeast Asian foreign exchange market temporarily returned to calm.

When the situation temporarily calmed down, relevant people also evaluated and compared the Asian financial crisis. Japan, in particular, a country with close ties with Southeast Asia, suffered serious damage.

Since the storm broke out, the Japanese economy has been in trouble. The yen exchange rate has fallen from 1997 yen to 6 US dollar at the end of June 115 to 1 yen to 1998 US dollar at the beginning of April 4. This is far from over. When other countries temporarily calmed down, the yen exchange rate continued to fall.

Between May and June, the yen exchange rate continued to fall, once falling to nearly 5 yen to the dollar, before it finally stopped and came to an end. With the sharp depreciation of the yen, the international financial situation became more uncertain, and the Asian financial crisis continued to deepen.

Originally, the storm was over and the situation in Southeast Asian countries should have become clearer. However, this situation, which should have been clearer, was disrupted by the decline of the yen, and a major storm broke out again.

This major turmoil was the third stage of the financial storm. In early August 1998, the U.S. stock market experienced significant turbulence, and the Japanese yen exchange rate continued to fall. Chinese speculators led by Soros were unwilling to accept the failure of the last time and launched a new round of attacks on Hong Kong.

Of course, the appearance of Lu Shaohua was a variable in the meantime, but it was not much different. If Lu Shaohua did not appear, the country would also organize funds to block Soros and others, and the result would be the same, ending with Soros' failure.

However, the situation has changed with the emergence of Lu Shaohua, but Lu Shaohua does not think that Soros and others will be willing to accept this. The storm in the third stage will still happen. According to Lu Shaohua's memory, during this wave of storm, the Hang Seng Index fell all the way until it fell to more than 6600 points.

Of course, the Hong Kong SAR government would not just watch the Hang Seng Index fall all the way and give the due counterattack. According to Lu Shaohua's memory in his previous life, the Hong Kong Monetary Authority used foreign exchange funds to enter the stock and futures markets to absorb the Hong Kong dollars sold by international speculators and stabilize the exchange rate at 7.75 Hong Kong dollars to 1 US dollar.

After nearly a month of hard work, international speculators suffered heavy losses and failed to realize their attempt to use Hong Kong as a "super cash machine". However, since Lu Shaohua has changed his fate once, he doesn't mind a second time. It is certain that Lu Shaohua will save Hong Kong when the third stage of the storm breaks out. There is no need to question Lu Shaohua's determination.

What Lu Shaohua knew was that while international speculators lost money in Hong Kong, Russia suffered a crushing defeat. On August 8, the Russian Central Bank announced that it would expand the floating range of the ruble-dollar exchange rate to 17 to 6.0:9.5 within the year, postpone the repayment of foreign debts, and suspend the trading of government bonds.

As soon as the news came out, the ruble was in danger. Unable to withstand the pressure from international speculators, it was bound to get worse. On September 9, the ruble depreciated by 2%, an unprecedented plunge, and the second major plunge since the disintegration of the Soviet Union in 70.

As the ruble plummeted, Russia's stock and foreign exchange markets fell sharply, triggering a financial crisis and even an economic crisis. The emergence of the two major crises was followed by major political changes.

The result of the great political upheaval was, of course, a sudden change in policy. It was precisely because of this sudden change that some opportunities for change were restored, causing international speculators who had invested huge amounts of money in the Russian stock market to suffer losses, which seriously damaged their vitality.

The term chain reaction is always useful. With the emergence of the Russian crisis, the stock markets and foreign exchange markets of the United States and Europe have experienced comprehensive and drastic fluctuations, and have also fallen in response, and the magnitude of the decline is not small.

In the context of a situation where one move affects the entire body, the Asian financial crisis can be called regional. Then, the outbreak of the Russian financial crisis shows that the Asian financial crisis has gone beyond the regional scope and has global significance.

Yes, the crisis broke out all over the world. The entire Asian financial storm started in Thailand. A big typhoon blew up in Asia, sweeping across Southeast Asian countries, and then to Russia. Russia could not withstand the attack, and the United States and European countries were affected, all of them, causing a global financial storm.

This storm lasted for a long time. Until the end of 1998, the Russian economy had not yet escaped from its difficulties and was still in crisis. This phenomenon lasted for a whole year. It was not until the middle of 1999 that the word "crisis" was slowly lifted and calm was restored.

When Russia returns to calm, it means that the financial crisis is officially over.