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Chapter 52 Asian Financial Crisis Breaks Out
(This is the fifth update. It’s nearly 15,000 words in total. I’m so awesome, why don’t you guys start working harder? Vote for recommendations and add up your favorites.)
"Uncle Aisen, how are the preparations?" After getting off the plane, Liu Yuntian took a car directly to Uncle Aisen's temporary studio.
"Liu, you are finally here. Your prediction is good. The issuance of the Thai baht has indeed been overheated recently, and we have found that a large amount of foreign funds are being injected, causing the Thai economy to overheat. It seems that your prediction is not wrong. Thailand is really
There will be a financial crisis." When Uncle Aisen saw Liu Yuntian, he grabbed him and said excitedly.
"Well, this is just the beginning. I think no one in Asia can escape this crisis except China." Liu Yuntian said confidently.
"Well, I believe in your vision, otherwise I wouldn't give up my career to help you. By the way, I listened to you this time and took out a large loan in Japan and South Korea. I also marked it
It will be repaid in Japanese yen and Korean won in two years," Uncle Aisen said.
"Well, okay, we must do the second largest thing this time. My future depends entirely on it." Liu Yuntian said with an incomprehensible look on his face.
Liu Yuntian then discussed some specific operations with Uncle Eisen and Jack to improve the plan.
One week later, on July 2, 1991, the Asian financial crisis began to hit.
Thailand announced that it would abandon the fixed exchange rate system and change it to a floating exchange rate system. On that day, the exchange rate of the Thai baht against the US dollar fell by 17%. The Thai baht depreciated seriously and a financial crisis began.
Subsequently, under the influence of the depreciation of the Thai baht, international speculators led by Soros began to attack the Philippine peso, Indonesian rupiah, and Malaysian ringgit. Subsequently, the currencies of these South Asian countries began to plummet in value.
In late October, international speculators began to attack Hong Kong, the international financial center. However, with the efforts of the Hong Kong government and the mainland, the linked exchange rate system was preserved, causing the Hang Seng Index to rise and severely defeating international speculators.
Then in mid-November, a financial crisis broke out in South Korea, and the Korean won depreciated sharply. This in turn affected Asia's economic giant Japan. The exchange rate of the Japanese yen continued to fall, and the Asian financial crisis deepened.
Then in August 1998, international speculators attacked Hong Kong's Hang Seng Index again, but despite Hong Kong's efforts, they still failed. Later, international speculators suffered a heavy setback in Russia. It was under such turbulence that the Asian crisis was finally over in 1999.
crisis.
Uncle Aisen, after being reminded by Liu Yuntian, did not touch Hong Kong and Russia. Instead, he gained huge profits by trading on the Thai baht and the Japanese yen.
The Asian crisis that started in Thailand in July 1997, by around July 1998, had seriously affected the economy of the entire Asia, especially the economy of Japan, a major export country, causing the Japanese yen to depreciate significantly.
In just one year, Liu Yuntian's funds have grown from 250 million to 1.5 billion, which can be regarded as a complete robbery. Then Uncle Aisen, under Liu Yuntian's reminder, continued to do so in the remaining year.
Earn.
Until the end of the entire crisis, Liu Yuntian earned a total of nearly 1 billion in cash, because a large amount of his funds were used to purchase shares of potential companies. For example, in Asia, Liu Yuntian obtained 15% of Sony's shares and 18% of Samsung's shares.
There are also shares in some companies with relatively good potential.
Liu Yuntian also conveniently purchased nearly 60% of the shares of S.M. After all, this will be one of the most famous economic companies in Asia in the future. He also purchased 65% of the shares of Amy Japan. He was originally not prepared to buy it, considering that Japan
The music market is the second largest music market in the future and a major component of the Asian market. Therefore, Liu Yuntian deliberately purchased Amy's shares, which can be regarded as helping Amy get out of the capital shortage situation after the financial crisis in advance.
In the United States, Liu Yuntian also took advantage of the impact of the Asian crisis and began to purchase shares of potential companies...
In 1998, Liu Yuntian took advantage of his large amount of cash to inject capital into Google before its establishment and became one of the founders of Google. After Liu Yuntian personally discussed with Larry Page, Liu Yuntian used a large amount of Google's future
Development direction and abundant funds obtained 45% of the shares, becoming Google's largest shareholder.
Later, Liu Yuntian also purchased 9% of Apple shares, 5% of Microsoft shares, and 12% of Cisco shares.
To sum it up, Liu Yuntian gained a lot from this crisis. Although there is not much left now, gaining shares in a future giant company can be regarded as long-term development.
Especially when he thought about becoming Google's largest shareholder, Liu Yuntian felt excited.
Liu Yuntian explained the future development direction of search engines to Larry Page, and proposed to him the ideas of YouTube and Facebook, asking him to increase investment in scientific research to study them.
Because of Liu Yuntian's large capital injection, Google is now considered to be fully funded. In addition to its own development funds, it also has corresponding scientific research funds. Therefore, after Liu Yuntian proposed these ideas, Larry Page was very excited.
I went directly back to the company to organize personnel for research.
Of course, this all happened in the future, and after Liu Yuntian stayed in Japan for nearly half a year, he returned to the United States at the end of November 1997, because the crisis situation was now clear and there was no need for Liu Yuntian to personally take charge.
After returning to the United States, looking at the familiar scene in Los Angeles, I felt relaxed for no reason. Sure enough, I still felt a sense of belonging to the place where I grew up.
Liu Yuntian couldn't help but think, "Aside from China, Los Angeles may be my favorite place now."
After returning home, Liu Yuntian saw that his parents were waiting for him at home.
"Well? Mom and Dad, aren't you going to work today?" Liu Yuntian said curiously.
"Your mother misses you, so she decided to take a day off today and wait for you to come back."
His father said calmly beside him, although his mother misses me, Liu Yuntian can still feel the strong love from his father.
"Xiaotian, you are back. Look how thin you have become. Why did it take you so long to go to Japan? I don't even know how to call home. I heard that Japan is in financial crisis. Isn't there anything fun there?" Mom is here.
While chattering excitedly, he said.
Listening to this familiar voice, Liu Yuntian was moved and said, "Haha, I have something to do there. If there is no financial crisis, I won't go."
"What do you mean? Forget it, don't talk about this. I believe you understand your business. Xiaotian, you haven't eaten yet. Come on, I have already prepared the food. Let's go to eat." Mother ignored Liu Yuntian's words.
message and took him to dinner.
"Haha, okay, I also miss your food, mom." Liu Yuntian felt warm in his heart and said with a smile on his face.
"By the way, little God, have you not contacted Natalie recently? Why does she always call home to ask if she has any news from you? But speaking of which, Natalie hasn't called for a while either.
, is there something wrong with your birth?" Just when Liu Yuntian was eating happily, his mother said.
"Uh, oops, I've been so busy lately that I forgot. It's okay. I'll call Natalie later." When Liu Yuntian heard his mother's words, he immediately realized that he had been so busy in the past year that he had forgotten to talk to his friends.
We got in touch.
After finishing my meal quickly, I said hello to my parents and started to contact my friends.
First, I called Yoona, Xiaoxian and Meiying, but they were easy to talk to and agreed to do a series of things after meeting them. After an unequal treaty, they finally comforted their so-called "scars".
"Tired" heart.
Putting down the phone, Liu Yuntian couldn't help but sigh, today's Xiao Nizi is really precocious, and everyone is so difficult to deal with.
Then Liu Yuntian called James Cameron again and expressed his apology to him. He originally agreed that he would attend the premiere of "Titanic", but something happened in Japan at that time, which made Liu Yuntian
I have to apologize for not going to the premiere….
This phone call was an apology once again. The two chatted for a while and agreed to work together if there was an opportunity in the future.
After contacting each other like this, Liu Yuntian found that all his friends were very dissatisfied with her disappearance. Especially Jessica, she was still thinking about her agreement with Liu Yuntian. As a result, Liu Yuntian "disappeared" for half a year, which made her very upset.
Angry, it was Liu Yuntian who finally calmed down her grievances with constant reassurances.
As for Jason and Huang Yuncheng, after finally getting the news about Liu Yuntian, they both wanted to kill Liu Yuntian.
How could they not be angry if he dropped a lot of things and ran away?
In fact, they were just pretending. Liu Yuntian had already told them some things when he went to Japan, and they also took advantage of this crisis to make a small fortune. Not many of them were still very worried about Liu Yuntian's return after so long.
Resentful.
Later, through chatting, Liu Yuntian learned that the most popular novel in the United States is still "Twilight". Ever since Huang Yuncheng got the second "New Moon" from his place, he has started promoting and selling it. Now it is the most popular novel in the United States.
Books.
Needless to say, Liu Yuntian's album has continued to explode in popularity even after Liu Yuntian finished promoting it. It has been called a rare classic in the past 50 years, the best album in the past 30 years, and is now the top album sales list in Europe and the United States.
And Liu Yuntian is also known as the "Various Talent" because of his ever-changing music style.
Liu Yuntian was also very happy to see that his music and books were so successful.
"It seems that I am planning to acquire a film and television company. Only by producing the movies myself can I make more money." Liu Yuntian thought to himself after finishing the conversation with Jason and Huang Yuncheng.
(The fifth update has arrived. It is added on top of the fourth update. It has more than 3,000 words. Please help readers. We recommend it and vote for it and add it to your collection.
ps: spoilers, Natalie and Liu Yuntian will have a crisis later and may break up.
Everyone said, what should I do...)
..
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