God of Rebirth Trader

"Aren't I afraid that you might call me for something else?" Li Xi'er's face turned red and she explained awkwardly.

"Hurry up and get off work. It's already past ten o'clock. What else can you do? There's no overtime pay." Chen Weidong rolled his eyes at her and went back to the computer, ready to think about his next plan.

"Then you won't get off work?"

Li Xier blinked and asked.

"For the boss, is there any difference between going to work and leaving get off work?" Chen Weidong stared at the computer screen and said without looking back.

"Ha ha."

"It seems like this."

...

Seeing that Chen Weidong ignored her, Li Xier asked again: "Is the financial crisis you mentioned true?"

"If you believe it, there is it. If you don't believe it, there is none." His thoughts were interrupted and Chen Weidong said angrily.

"My family has many industries in Thailand. If I follow what you said, I will definitely evacuate as soon as possible."

"That's it. You should get off work as soon as possible, otherwise I will really deduct your salary." Chen Weidong said a few perfunctory words, his face already starting to look a little impatient.

"Okay, okay, you're busy, I'll leave first."

Seeing that the situation was not good, Li Xi'er ran away quickly.

I even forgot to lock my office door.

Until she left the Antler Building, she still couldn't figure out why Chen Weidong always seemed impatient when talking to her. This was not the first time she had seen this.

Could it be that I am too ugly?

...

Chen Weidong didn't know that his unintentional act caused a certain girl to have random thoughts.

The "disgust" he showed toward women was simply nothing more than years of "habit".

In the original time and space.

Someone once said to him that the relationship between men and women in the financial world is nothing more than profit-driven and just a joke.

At that time, Chen Weidong was young and successful and did not believe this statement.

Later, he was investigated for suspected manipulation of stock prices.

When the court counted the property under his name, he discovered that his wife had secretly transferred most of the property and successfully fled to Maple Leaf Country.

Since then, Chen Weidong has always been wary and defensive about women, and did not want to say another word to them.

Especially beautiful women are very dangerous in his eyes.

Thinking of that figure and what happened in the past.

Chen Weidong stayed up all night.

...

the next morning.

The exterior glass of the building next door reflects sunlight into the office.

Chen Weidong woke up from the sofa in a daze, feeling a little uncomfortable.

Ever since his third uncle went to engage in real estate, he didn't even have anyone to talk to.

I heard that he has now established a real estate company with Mr. Huo.

"Hengtai", as it was called, was so strong that it successively won several pieces of land and gained quite a reputation in the real estate industry in a short period of time.

Chen Weidong looked at the time. It was already past nine o'clock. Sitting in front of the computer, he still felt a little tired.

"Accountant Li! Where is the person? Make me a cup of coffee!"

"Okay, I got it..."

There was a reply from outside the office.

After a while, Li Xier walked into the office carrying coffee.

Chen Weidong took a sip and saw that her face seemed a little haggard, and he said seriously: "Young man, don't stay up late, it's not good for your health."

"Oh." Li Xi'er responded casually.

Chen Weidong thought for a while and then said: "Go and look at the list to see if there are any suitable candidates, and then recruit a few traders."

Thinking about what he has to do next, Chen Weidong feels that the company's manpower is too small now. If he can recruit a few outstanding talents, it should be a lot easier.

After leaving this matter to Li Xier, Chen Weidong concentrated on studying the Thai stock market.

In March this year, the first Asia-Europe Summit was held in Bangkok.

People inside and outside the venue were talking loudly, and ASEAN's goal of becoming an important pole of the international community seemed to be getting closer.

As the host, Thailand is even more delighted. Bangkok's international reputation will undoubtedly spread far and wide again with this conference.

The only fly in the ointment is that the Thai stock market just suffered another sharp drop last month, which cast a slight shadow on the mood of the locals.

In fact, the stock market had already started to fall in July last year. It was about to regain its lost ground in February, but the stock index turned around and started to fall again.

However, Thailand's economy has been developing rapidly for many years, and its people have become accustomed to growth and still have confidence in the future.

It is now early October 1996, and the Bangkok Thai Stock Exchange Index is still at a "high" level of 1,100 points.

According to Chen Weidong's memory, the Thai Stock Exchange Index will plummet all the way, and it will only take about six months to fall from 1100 points to 240 points.

It has shrunk several times, which is very scary.

There was no strong rebound during this period.

The root cause of all this is that Thailand's financial and real economies have begun to deviate seriously.

In the late 1980s, after the Plaza Accord, the yen appreciated significantly against the US dollar.

Although the appreciation of the yen is not conducive to exports, it is a great benefit to foreign investment.

For example, in the past, the exchange ratio of Japanese yen to local currency was 1:5.

After a substantial appreciation, it became 1:10.

Due to foreign investment, it needs to be converted into the local currency of the invested country to buy raw materials and pay workers' wages.

So 1 yen has changed from 5 yuan to 10 yuan locally.

Therefore, after the yen appreciates, overseas investment becomes very cost-effective.

In this way, RB companies began to urgently invest abroad and transfer industries.

Southeast Asia is RB’s preferred investment location.

These countries are very close to RB and have abundant and cheap labor.

Not only that, these countries also urgently need to introduce foreign investment to develop their own economies.

To this end, they have taken many measures to attract investment, lifted many restrictions on foreign investment, and liberalized their domestic financial markets so that foreign capital can enter and exit freely without restrictions.

Among them, Thailand is the country with the most complete openness of its financial market.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Driven by a large amount of foreign investment, many Southeast Asian countries have achieved rapid economic growth with large amounts of exports as the driving engine.

Thailand is also the most prominent country among them. From 1990 to 1995, Thailand's average annual GDP growth remained at a high of 8%-11%.

However, with the investment boom in the real economy, speculation in the financial market has become more and more prosperous, driven by greed and profit-seeking.

After the "Plaza Accord", the RB adopted a loose monetary policy with low interest rates in order to curb the rapid appreciation of the yen.

At its lowest, the interest rate was less than 1%.

On the contrary, due to the influx of large amounts of currency, Thailand adopted a high interest rate policy in order to prevent inflation.

In the early 1990s, annual interest rates exceeded 10%.

In this way, a huge interest rate difference arises between RB and Thailand.

Because Thailand's financial market has been completely liberalized, capital flows are unrestricted.

At this time, if you borrow Japanese yen from RB, remit it to Thailand, convert it into Thai baht, and deposit it into your account.

Then, you can make money while lying down.

As a result, a large amount of financial capital poured into Thailand.

However, the purpose of this money is not to invest in the real economy, but to make a fortune in the financial market and leave.

The influx of a large amount of hot money left Thai banks with a lot of money and literally no place to spend it.

If a company wants a loan at this time, it will be very easy.

Therefore, in the impetuous atmosphere of superficial prosperity, countless companies began to blindly borrow money to expand investment and production.

And more people go to banks for loans and invest the money in real estate, stocks and various financial products.

The consequence of this is that the prices of many assets are continuously pushed up, and the bubbles become bigger and bigger.

In April 1995, when the Japanese yen against the U.S. dollar reached a peak of 80:1, the Japanese yen began to continue to correct and depreciate.

By 1997, it had even depreciated to 130 yen to convert to 1 U.S. dollar.

Appreciation is beneficial to foreign investment, while depreciation means divestment is beneficial.

As a result, RB began to withdraw large amounts of investment from eight economies in Southeast Asia.

The funds withdrawn accounted for 10% of the GDP of these economies during the same period.

The withdrawal of a large amount of foreign capital will undoubtedly have a huge impact on the economy.

At the same time, everything that happened quietly was watched by a mysterious figure.