Chapter 255
Words:1886Update:22/06/30 09:59:42
On the 11th, Feng Yu flew to Hong Kong during the school holidays. Fu Rongqi was also an expert in the financial market, and Feng Yu had something to discuss with him.
If Feng Yu wants to make a name for himself in the financial market in the future, he would not be able to do it alone. Even the likes of Warren Soros and Warren Buffett were not fighting alone. It was a group of tycoons who pooled their money together to control the prices of financial products.
In Feng Yu's previous life, before the handover, the Fu Family's eldest son was someone who could compete with Superman Li in Hong Kong. But in 1997, the Fu Family's eldest son lost a lot of money, and Superman Li made a lot of money.
That means without Feng Yu's influence, Fu Rongqi would have been making money for the past few years. His assets had been growing steadily. Until he had a net worth of a few billion HKD. Now, Fu Rongqi's net worth was only slightly more than 10 billion HKD.
Fu Rongqi's net worth had multiplied a few times in a few years' time.
Fu Rongqi had made use of his previous life's memories to have his current net worth. Feng Yu's ability was far from Fu Rongqi's.
Although it was Fu Guangzheng who drove Feng Yu to Hong Kong to fetch him, Feng Yu saw Fu Rongqi and Fu Rongjin standing at the entrance of the Peninsula Hotel.
The fact that the two of them were standing outside to welcome Feng Yu was a show of respect to Feng Yu. Many people who were having their meals at the hotel looked at the entrance curiously. Who in Hong Kong could make two of the Fu family's tycoons stand at the entrance to welcome them? Was it Superman Li or the Governor?
But when they saw a young man entering the hotel, they were shocked as if they had seen an alien. How come it was a young man, and he looked Chinese? Who among the Chinese was worthy of the two Fu family's tycoons standing at the entrance to welcome him?
Could he be the son of some tycoon from China?
That must be the case. There were rumors that the Fu family's fourth son, Fu Rongjin, had sent his youngest son to China to scout and had invested more than 100 million. Even Fu Rongqi was here. Could it be that the Fu family's eldest son was going to invest in China?
But won't the Chinese political parties confiscate their assets? I heard that the mainland hates people like them and calls them capitalists.
Lord Deng from the mainland was still alive. He was an iron-fisted leader, a powerful figure that even the Empress of England could not defeat. Sir Shaw had been very active in Hong Kong in the past. He had organized Hong Kong's political and business elites to petition for Hong Kong's independence.
In the end, it was said that after Sir Deng talked to him, this Sir Shaw would donate a large sum of money to education in the mainland every year. How much money had he donated over the years?
Aren't the Fu family worried that after they invest in China, their assets will be taken over by the Chinese Communist Party?
…
"Xiao Yu, I heard that you think gold prices will rise?" During lunch, Fu Rongqi suddenly asked.
"That's right. The price of gold will definitely rise within this month. The Soviet Union was one of the main exporters of gold. They need to export gold to exchange for daily necessities. The drop in gold prices will affect the Soviet Union and other major gold exporting countries. Those countries with large reserves of gold will not allow the gold prices to drop. Moreover, the price of gold was as high as 850 USD per ounce a few years ago … "
Feng Yu analyzed for a while, and Fu Rongqi nodded: "Did you analyze all these by yourself?"
Feng Yu smiled and said mysteriously: "There are some things that I cannot tell you. Don't ask."
Fu Rongqi looked at Feng Yu. He felt that Feng Yu's eyes were not like a young man in his twenties. He was more like a middle-aged man in his forties.
This Feng Yu was not simple!
"You said that gold prices will rise within this month. What will happen after this month? Will it remain stable or will it fall suddenly?"
"Fall."
"Why?"
"The reason is the changes in the international situation. The Soviet Union is disintegrating, and Rubles will depreciate. At the same time, the Soviet Union will not continue to pull up the gold price in order to stabilize Rubles. Some international speculators will short the gold price, and the gold price will fall. "
"Then what is your analysis? How much will the gold price fall? How long will it take? "
"Based on our … cough … based on my analysis, the gold price will reach its lowest at the end of January. It should be around 355 USD or even lower. From February onwards, the gold price will rebound to above 400 USD. After that, it will continue to fall slowly." Feng Yu purposely acted as if he had spilled the beans.
"The gold price will fluctuate by 50 USD in one month? Are you kidding me?" Fu Rongjing asked.
This Feng Yu must be lying again. How can the gold price fluctuate so much? No one or country has enough money to manipulate the gold price.
"Lao Si, don't interrupt! Xiao Yu, since you have analyzed it this way, will you buy it? "Fu Rongqi stared at Feng Yu without blinking.
"Of course. I will buy a large amount."
"A large amount? How much?" Fu Rongjing interrupted again.
Feng Yu stretched out his palm: "500 million."
"500 million?" Fu Rongqi could not help but think highly of Feng Yu. This kid had so much money now?
"USD." Feng Yu added.
Hiss ~ ~ ~
The Fu family took a deep breath. This time, even Fu Rongqi was shocked. He could also afford 500 million USD, but it would not be as easy as what Feng Yu said.
"What's wrong? You all don't want to play with me?"
Play? Feng Yu's casual tone stunned Fu Rongjing. Five hundred million USD? Are you kidding me? Could it be that Feng Yu is really like what Big Brother said? Feng Yu is only an agent on the surface, and the person behind him might be the second generation of some high-ranking officials in China? Could it be that Fu Rongjing had asked Fu Guangzheng to help him was because those sons did not want to help him?
If this was the case, then it was not wise to offend Feng Yu. They should make use of this opportunity to earn back their money.
"Other than gold, what else do you recommend?" Fu Rongqi asked again.
"Yes. China's Shanghai stock exchange had just opened, and the Shenzhen stock exchange will be opening soon. That's why China's stock market will rise. June next year will be the golden period for the stock market."
"China's stock market? I will consider it. Do you have any other recommendations?" China's stock market was too risky, and the biggest risk was the attitude of the Chinese political parties.
Damn. Is this old man testing me? Or is he too greedy? I had recommended gold and China's stock market. Is it not enough?
Fine. Then I will tell you the following theory!
"Next January to February, I will short oil futures."
"You think oil prices will fall?" Fu Rongqi looked at Feng Yu. Iraq had invaded Kuwait to control the oil prices. Does Feng Yu not know about this?
"Of course. Because there will be a war in January next year!"
"War? What war? "Fu Rongqi was shocked. From what Feng Yu said, it sounded more serious than Iraq's invasion of Kuwait.
"The US is going to war with Iraq! The Gulf War! "
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