Rebirth 1984: Starting from the development of Hanka

Chapter 277
Toys are actually a hugely profitable industry. The profits of toys are generally 40-50%, but if it is a super IP, several times is not a problem.

Wujiang Group also has a toy company, and its main business is also the IP of Wujiang's comics, animations and games, making billions of dollars a year.

Well-known IPs such as Transformers, My Little Pony, Real Estate Tycoon, and NERF have built Hasbro’s IP matrix. According to License! The latest data from Global magazine shows that Hasbro ranks seventh among the Top 69 licensees with retail sales of US$150 billion.

In addition, Zhao Ye likes the brand name "Hasuba" very much. If the acquisition is successful, Zhao Ye will merge Wujiang's toy companies into Hasbao...

……

……

Before Zhao Ye could buy the Baby Baby company, the Asian financial crisis completely broke out.

In Thailand, there was a run on the U.S. dollar, and people exchanged Thai baht for U.S. dollars, resulting in a sharp decrease in Thailand's U.S. dollar reserves. In April 1997, Thailand announced that it would abandon the fixed exchange rate system of the Thai Railways pegged to the US dollar and implement a floating exchange rate system.

This policy is 3 months earlier than in the previous life.

As soon as the policy was announced, the Thai baht exchange rate plummeted 20% that day.

A financial crisis sweeping Asia is coming!
At this moment, speculators all over the world are in a carnival!

Thailand was unable to resist and could only allow the Thai baht to depreciate wildly. The wealth that the entire country had worked hard to develop for more than ten years was plundered by international speculators.

In Southeast Asia, countries such as the Philippines, Indonesia and Malaysia, which have the same economic problems as Thailand, were quickly hit by the depreciation of the Thai baht. On April 4, the Philippines announced that it would allow the peso to be exchanged with the U.S. dollar on a wider scale, and the peso depreciated by 11% that day.On the same day, Malaysia raised bank interest rates to prevent further depreciation of the ringgit.Indonesia was forced to abandon its currency against the U.S. dollar, with the rupiah devaluing by 11.5% between May 5 and 2.

Southeast Asian countries are wailing, and speculators around the world are ecstatic!
Media from various countries have all turned their attention to the Asian financial crisis.

At this time, people can't help but think of Wujiang Group's massive sale of Southeast Asian industries not long ago. People can't help but sigh that Wujiang Group was really foresighted in predicting this financial crisis.

"Financial Times": "Thailand was forced to announce the decoupling of the baht from the US dollar and implement a floating exchange rate system, triggering the Asian financial crisis. The Wujiang Group actually managed to escape!!!"

"Wall Street Journal": "The biggest winner of the Asian financial crisis is beyond your imagination. Wujiang Group's profits may exceed [-] billion US dollars!!!"

"The Times": "Before the Asian financial crisis, the Wujiang Group loaned tens of billions of dollars worth of currencies to local banks in various countries. Now that the Asian financial crisis has erupted, the currencies of Thailand, the Philippines, Malaysia, Indonesia and other countries have declined significantly. depreciation, Wujiang Group can exchange the U.S. dollars that are much less than the original for the currencies of various countries, and then return them to the bank, thereby making a huge profit!!!"

……

Countless netizens and people were shocked when they saw the news.

"Damn it, Wujiang Group not only escaped the Asian financial crisis, but also took advantage of the opportunity to make profits. I'm so impressed! It's really awesome!"

"Unfortunately, Wujiang Group may have had a premeditated plan and deliberately borrowed so much money from the bank. Now it only needs half of the money to repay the loan!"

"Indeed, Wujiang Group is already super rich, and it also has its own bank. Even if it is a loan, there is no need to borrow from banks in Southeast Asia. So, as you know, Wujiang Group may have predicted the financial crisis in Southeast Asia long ago. , so take the opportunity to make a fortune!”

"Hahahahaha, the American financial tycoon Soros has worked hard and is notorious. However, I am afraid that he has not made as much money as the Wujiang Group. I just want to ask you if you accept it?"

"I'm convinced! I kneel down to read the news. From now on, I will stick to Wujiang Group. I will invest in whatever it believes in!"

"Same as above, even if one day Wujiang Group is bearish on the U.S. stock market, I will go short!!!"

"..."

At this time, Soros, who was far away in the United States, looked confused and smiled bitterly.

After reading the news in major newspapers, he felt as if he was making a wedding dress for Wujiang Group.

He has calculated the approximate profit of the Quantum Fund, and it is probably only 20 to [-] billion US dollars.

However, Wujiang Group’s profits may exceed [-] billion US dollars.

Why is the love?

I worked really hard to be a villain and angered the countries in Southeast Asia, but instead, I made the Wujiang Group a lot of money.

Partner Jay Ingersoll looked at Soros and couldn't help but sigh: "It seems that we have all become pawns of the Wujiang Group! The other party has been waiting for us to join the game so that it can make a huge fortune!"

Soros looked unhappy, feeling very unhappy in his heart.

Originally, the Asian financial crisis was a glorious moment for him to become famous, but unexpectedly he became a clown.Whenever others talk about the Asian financial crisis, they will only regard themselves as a pawn of the Wujiang Group.

However, if you are unhappy, you still need to make money.

Quantum Fund is still madly attacking Asian countries and making huge profits.

He didn't really care about notoriety or anything like that.

He is an American and has no fixed assets in Asia. He is not afraid of Asian retaliation at all.

"The Wujiang Group's properties in Hong Kong are not for sale. I, Soros, will step on Wujiang Group and become famous all over the world. Let's see how others will laugh at me!!" Soros sneered in his heart, and a plan to short-sell Hong Kong came to his mind.

Affected by the Asian financial crisis, Hong Kong's stock market plummeted.

If national speculators short Hong Kong, the success rate is extremely high.

In Soros's view, the Asian financial crisis is unstoppable. How can Hong Kong, a tiny country, resist it?

The Hong Kong stock market has plummeted and the economy is in recession. Wujiang Group will definitely suffer serious losses.

……

Mainland China has not been greatly affected by the financial crisis. It can even be said that it is very beneficial to China.

After the financial crisis broke out in Southeast Asian countries, a large amount of capital fled, and China is currently the best-developed country in the world. This has caused capital fleeing from Southeast Asian countries to pour into China, thus accelerating China's economic construction.

As we all know, there is a siphon effect in economics, which means that the development of regional economy will produce a siphon effect. Once this effect occurs, an economic tornado will appear. When the tornado moves, it will generate huge energy and attract Surrounding individuals, companies, and countries have a very obvious impact on economic resources.

Normally, wealth and resources flow from poor to rich areas, and people from underdeveloped to developed areas.

The Asian financial crisis is like giving China a pair of wings, enabling China's economy to achieve rapid growth.

At this time, major domestic newspapers were also reporting aggressively on the Asian financial crisis, and also reported on Wujiang Group’s foresight and extremely shrewd decisions. Of course, they also exposed Wujiang Group’s huge profits.

However, these news are welcome to the Chinese people.

Wujiang Group is the most famous enterprise in China and has been engaged in charity activities all year round. The rise of Wujiang Group has benefited countless people in China. Everyone hopes that Wujiang Group can make more money from Southeast Asian countries.

"The most conscientious enterprise in China is Wujiang Group. China's economy and technology cannot achieve today's achievements without the contribution of Wujiang Group. The more Wujiang Group makes, the happier I am!"

"The Wujiang Group is so powerful! I read in the newspaper that the international speculators headed by Soros are actually just making wedding clothes for the Wujiang Group, hahaha, I feel funny thinking about this!!!"

"..."

Many entrepreneurs in the country were surprised and felt that it was too easy for Wujiang Group to make money.

This easily makes tens of billions of dollars.

They work so hard that they don't make much money throughout the year.After reading the news, Bubugao Duan Yongping was speechless for a while.

Lenovo Yanagawa muttered "tens of billions of dollars" and was dumbfounded.

TSMC Zhang Zhong was speechless and choked. TSMC was forced to go bankrupt by the Wujiang Group. To let him see the news at this time was simply a ruthless blow~
Lao Wang of Wanda Group couldn't help but calculate how many "small goals" Wujiang Group could earn during the Asian financial crisis. After calculating, he felt envious, thinking that having a son would be like Zhao Ye, and then he violently treated his son. Damn, I’m almost ten years old, but I’m still so naughty and mischievous. I only know how to play games and give money to Wujiang Group all day long. I’ll just beat him to death, have a second child, and practice a trumpet again...

……

At this time in Hong Kong, countless people are worried and restless.

The Hong Kong stock market has been plunging.

Major media outlets have speculated that international speculators will short-sell Hong Kong.

International speculators regard Southeast Asia as a super cash machine, and there is no reason to let Hong Kong go.

Therefore, Hong Kong people are very worried at the moment.

Big bosses in Hong Kong gather together from time to time to discuss countermeasures.

"Under the Asian financial crisis, everyone was panicked and rushed to sell stocks, with a serious lack of confidence. However, international speculators are too powerful and it is difficult to save the market!" Huo Yingdong sighed.

Henderson Land's Lee Shau Kee frowned and said worriedly: "Once the international speculators shift their targets to Hong Kong, the Hong Kong stock market will inevitably plummet. I don't know how determined the Hong Kong government is to rescue the market. We businessmen alone can't fight against it. Now we can only count on the British Hong Kong government." ”

"I don't think the British Hong Kong government can be counted on at all. The handover is about to take place. How can the British care about the life and death of Hong Kong?!"

"Yes, I think Britain might be eager to leave a mess to the mainland. But this is a huge blow to us!"

"Lao Li, what do you think? Why don't you say a word?"

Everyone looked at Li Jiacheng.

Although Li Jiacheng is not the richest man in Hong Kong yet, his capital is enough to rank among the top five. His influence and status in Hong Kong are very important.

As the saying goes, "When there is a crisis, there is an opportunity."

Unlike others, Li Jiacheng is particularly good at finding opportunities in crises.

Whenever others are fearful, he is excited.

On several occasions, he seized opportunities and made the company grow rapidly.

This time, when the Asian financial crisis broke out, everyone else was panicking, but Li Jiacheng was ambitious and wanted to take advantage of the opportunity to make a fortune.

"As everyone said, the UK does not care about the life and death of Hong Kong, but the mainland will not sit idly by! I think that with the return of Hong Kong imminent, mainland China should find ways to stabilize Hong Kong's economy. Therefore, our Yangtze River Industrial Company is willing to bet Last time, I was still optimistic about Hong Kong’s economic development..."

"Old Li, what you said is certainly correct, but it is not easy for the mainland to rescue the market. Southeast Asian countries, even Japan and South Korea, are difficult to withstand the outbreak of the economic crisis. Japan is a country with a very strong economic strength, and its per capita income Much higher than China. Recently, international speculators have shifted their targets to Japan. The Japanese yen exchange rate and the stock market have plummeted one after another. The securities market has a serious lack of confidence. The stock market has been under heavy selling pressure. Japanese stock investors have changed their minds and have lingering fears!"

"Yes, even Japan can't resist it. I think our Hong Kong is very vulnerable..."

Hearing this, Li Jiacheng felt furious. Originally, he wanted to buy the bottom, but now he hesitated. However, he still firmly believed that China would not sit idly by, so he was still willing to take a gamble and take out crazy loans to buy land and buildings.

On May 1997, 5, when the Hong Kong stock market and real estate were plummeting, Li Jiacheng bucked the trend and bought land.

This abnormal situation immediately attracted the attention of the Hong Kong media.

Major media outlets sent reporters to interview Li Jiacheng.

"Hello, Mr. Li Jiacheng, during this financial crisis, the stock market and real estate have plummeted. Why is Changshi Group still frantically taking out loans to buy land?" reporters asked.

Li Jiacheng faced the interview and replied with a smile: "Because I am optimistic about Hong Kong's economic development and I think Hong Kong has the ability to survive this crisis, so I am willing to take a gamble. If the land I hoard is not valuable, then you will see When someone jumps off a building, his name is Li Jiacheng!"

When the reporters heard this, they were immediately shocked.

Of course, they would not believe that the boss of Li Jiacheng would jump off a building because the land he hoarded was not valuable.

The next day, major newspapers in Hong Kong published Li Jiacheng's interview on their front pages.

"Ming Pao": "Li Jiacheng is optimistic about Hong Kong's economic development and calls on Hong Kong citizens not to worry too much to avoid panic selling."

"Sing Tao Daily": "Li Jiacheng said that international speculators should not be afraid, and Hong Kong real estate has unlimited prospects. Cheung Kong Group has already obtained mortgage loans from HSBC, Standard Chartered Bank, Galaxy Bank and other banks in Hong Kong to purchase land!"

As soon as this news came out, Hong Kong people were greatly encouraged. However, the stock market was too sluggish and everyone still lacked confidence.

When a financial crisis comes, confidence is very important. If the power of retail investors is gathered together, it will be a huge force.

Now, the British Hong Kong government is starting to mess up.

Many Hong Kong people can only seek self-help.

Immediately afterwards, major listed companies in Hong Kong announced that they were optimistic about Hong Kong's economic development and launched stock buyback plans to enhance investor confidence!

the next day.

"Ming Pao", "Oriental Daily" and other major newspapers in Hong Kong wrote "United as one, united as one!"

Soros and other international speculators are well aware of what is happening in Hong Kong.

Because their next step is to overturn the Hong Kong stock market before Hong Kong's return.

A few days later, Soros spoke publicly to reporters.

During the interview, he said with a sneer: "Our next target is Hong Kong! There is no doubt that Hong Kong will be our next super cash machine!"

"Mr. Soros, as far as we know, Hong Kong people are uniting and preparing to resist the invasion of international speculators," the reporter said.

Soros expressed disdain: "Haha, they still want to resist our invasion? I hereby declare that in less than a month, we international speculators will definitely penetrate the Hong Kong economy and make a lot of money!"

Upon hearing this, American reporters all smiled, feeling amused by Hong Kong's overestimation of its capabilities.

On that day, Soros's interview was spread around the world through the media and the Internet, causing a huge uproar.

This is simply a public clamor and extremely arrogant.

However, when I think about the various countries in Southeast Asia being screwed up by Soros and other international speculators, I suddenly feel frightened and sympathize with the fate of Hong Kong.

At this time, Soros's public clamor to defeat Hong Kong also reached Zhao Ye's ears.

Zhao Ye immediately asked someone to spread the word.

“If Soros attacks Hong Kong, then the Wujiang Group will take action, don’t say it’s unforeseen!!!”

Good guy, once these domineering words came out, they quickly shocked the world...

(End of this chapter)