Kirilenko returned to Moscow, and Feng Yu stayed in New York to raise funds.
Feng Yu will dump some of the less important shares and use the shares of Microsoft, Asian Tiger, etc., as collaterals to get loans.
Although Feng Yu will get lesser funds this way, the Asian Financial Crisis will last for more than a year. Within a year, the shares of these tech companies might not double, but it should not be too far off.
This will increase Feng Yu's profits.
Also, if Feng Yu dumped his Microsoft shares, Microsoft's share prices will fluctuate, and Feng Yu might be kicked out of Microsoft's board of directors.
Although Feng Yu does not have much say in Microsoft, Lenovo Kingsoft is still developing and is still far from Microsoft. Many new software companies in China can compete with Lenovo Kingsoft in some applications.
Feng Yu needs his identity as Microsoft's director to protect Lenovo Kingsoft and Hua Xia's software market. Soros does not want to be like his previous life, where the most profitable software is invented by overseas companies.
Feng Yu cannot dump Asian Tiger. Asian Tiger's share prices will soar this year, and it will be a huge loss if he sells it.
This time, Feng Yu did not target only one bank. One bank might not lend him so many loans, and Feng Yu wants to divert his attention.
One of the shareholders of these banks might be a friend of Soros. Feng Yu does not want Soros to know how much funds he has.
The more he does not know, the more Soros will hold back, and Feng Yu will have a higher chance of winning.
On the first afternoon, Feng Yu raised 1 billion USD, and the next few days, Feng Yu contacted the higher management of all the banks in New York. He wants to use his shares as collaterals to get loans. For the next week, Feng Yu had used all his available shares as collaterals and transferred the funds into his UBS account. He can use his shares to get loans anytime.
… …
"Boss, that Hua Xia is raising funds. I heard he had used all his Microsoft shares to get loans."
Soros put down the wine glass in his hand. "So, he raised about five billion USD?"
"I don't think so much. It should be less than 4 billion USD. He had already mortgaged a portion of his stocks and invested part of his funds into the stock market. The rest of his funds were transferred back to Hua Xia. He probably needed funds in Hua Xia. "
Soros nodded. 4 billion USD. This Feng Yu is more daring than he thought. Soros's assets are only about 6 billion USD. Of course, the funds he can use are definitely more than that.
But it was enough to prove that the newspaper's speculation about General Manager Feng's net worth was absolutely not exaggerated. This person was really a super rich man.
But it was only 4 billion USD. Even if he made a huge profit in other countries, he would still not be able to stop them from invading China with 8 billion USD.
Soros also does not want a young financial expert to appear in China, as it will affect his status. It was such a great thing to strike this so-called genius tycoon at the same time.
"Alright, I got it. Get ready and bring your men to Chiang Mai first. Our plan will start in March at the latest."
After his subordinate left, Soros finished his glass of wine. Soros is a greedy man and has a strong desire to control others. Those large consortiums that he contacted all listened to his suggestions, or rather, orders.
But this Feng Yu and Russia's Kirilenko don't seem to want to listen to them. Since that's the case, don't blame me for setting you up after we cooperate!
… …
"Uncle, Feng Yu had started to raise funds. Should we also prepare?" Fu Guangzheng asked.
Fu Rongqi waved his hand. "Before Hong Kong's return, I think those international speculators will not target Hong Kong or HKD. We don't need to rush to raise funds. We can complete it before July 1st. "
"Uncle, Feng Yu said Soros and his men will make their move before July 1st. They might start planning in March or April, and their first target is Thailand. If we raise the funds too late, we will not get a share of the profits. "Fu Guangzheng said anxiously.
"Guangzheng, I know you want to make money, but you must remember that we are investing more than 70% of our Fu Family's assets. If we fail, it will be a severe blow to the Fu Family! That's right. We still have our own businesses, supermarkets, real estate, and trading companies. But how much can those companies make? If we do not have sufficient funds, will our supermarkets be able to squeeze out other retailers? Will our trading companies be able to expand their distribution channels? Will our real estate companies be able to get so many plots of land? "
Fu Rongqi was the head of the Fu Family. Although Fu Rongqi was the main investor, his other 3 brothers, including Fu Guangzheng and the rest of the younger generation, had also invested in this venture.
They had seen Feng Yu's attack on Japanese companies' shares and had made lots of money. This time, they want to follow suit and make some quick profits. But Fu Rongqi is more cautious. This time, they are dealing with international speculators and the world's most famous hedge fund manager, Soros. Even though Fu Rongqi had been in the financial industry for a long time, he is not confident that he will win.
The younger generations must be motivated. If those younger generations lose all their money, the Fu Family will not be able to afford it. But Fu Rongqi cannot be too impulsive. If he loses all his money, it will affect the Fu Family's status in Hong Kong and Southeast Asia.
A family with tens of billions of HKD is different from a family with 10 billion HKD. Although many people think the Fu Family is a super tycoon, they are not as influential.
"But Uncle, we are not fighting alone. We still have Superman Li's family, Feng Yu, that Russian tycoon, and so many Hong Kong tycoons. We will not lose!"
Hong Kong has the highest concentration of tycoons in the world, and Fu Guangzheng felt that they will win.
Fu Rongqi shook his head: "Do you know why those international speculators set up hedge funds? Hedge funds will affect their profits. It is to lower their risks. If they are so cautious, how can we be so daring? Go, follow our normal plan and slowly raise the funds. It will be enough if we are ready before the first of July. "
Fu Guangzheng still wanted to say something, but his Eldest Uncle waved him off. Although Fu Guangzheng is not convinced, he knows that he is not as experienced and capable as his Eldest Uncle in the financial industry.
But his Eldest Uncle might not know that all his shares in China had been mortgaged to foreign banks, and all the USD he got from the loans were transferred to his Wind & Rain Consulting account. His Eldest Uncle wants stability, but he … … wants to maximize profits!
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