Soros admitted defeat in Hong Kong and switched to South Korea. This time, he did not contact Feng Yu. Soros had ignored his promise with Feng Yu and attacked the Hong Kong market. Both of them can no longer work together.
Feng Yu also mobilized his funds to attack the South Korean market. Feng Yu is more than happy to use this opportunity to buy some South Korean shares.
Feng Yu had planned to continue to make money and at the same time, understand Soros's operating methods. He wants to find out Soros's weaknesses, especially his operating habits. This way, he can deal a fatal blow to Soros.
But at this time, something happened to the Hong Kong market.
"Uncle Fu, you said those people had started to dump their shares slowly and are preparing to cash out? What are they going to do? They can't even wait for the end of the year? "Feng Yu frowned. Is the Hong Kong market going to fall?
"They knew Soros is going to attack the South Korean market, and they are going to follow him. I don't know who said that you had made more than 10 billion USD from the Southeast Asia financial crisis, and your cost is less than 5 billion USD. The profits are more than double! When they knew about this, they were jealous. "Fu Rongqi looked at Feng Yu. He also wants to hear Feng Yu's reply.
In just a few months, they had more than doubled the profit. Who wouldn't be envious?
Some people even thought that if they invested all their money, they would be very happy if they could double the amount. How much profits can a traditional industry make in a year?
"Do they think that by following Soros, they will be able to make so much profit?" Feng Yu replied with disdain. Even if they are following Soros, they must have foresight. If they are too greedy or cannot see the situation clearly, it will be too late when they enter the market. When it is time to close the market, they still want to make more profits. But in the end, Soros had closed the market first, and Korean Won will rise again.
Without a clear sense of judgment, it was absolutely impossible to succeed, and it was even more impossible to make money easily. In financial investments, only a few people will make money, and the majority will lose money. If many people can make money, then it is a dangerous signal, and you will be losing money soon!
Also, Soros had just attacked Hong Kong, and they immediately follow Soros's lead. Are they not afraid that Soros will trick them?!
"I tried to persuade them to invest with me, but they thought that I was too conservative. They said that my profits were far from what they wanted." Fu Rongqi shook his head helplessly. He had earned more than 50% profits in 2 months, and this was considered a small amount.
Those people might not even have a 50% profit in a year!
"Then let them follow the trend. They will dump their Hong Kong shares and cause the Hang Seng Index to fall. The more Hang Seng Index falls, the easier it is for us to stabilize it."
"But what if Soros cheats them in the Korean market? If they are not careful, they might suffer heavy losses. "Fu Rongqi was worried.
"What? They don't believe you at all, and you're still worried about them? Furthermore, aren't we going to invest in the Korean market? If there are any big movements, we can fight with Soros in Korea! "
Feng Yu was excited. Although they will lose a lot of help if they shifted the battlefield, Soros's Quantum Fund had failed in Hong Kong, and no one will believe them. At that time, Soros might not have many followers. On the other hand, Feng Yu can advertise their achievements and attract more investors to follow Wind & Rain Consulting.
This will also teach those Hong Kong tycoons a lesson. They will know that without sufficient experience and rational analysis, they will not have a bright future by following the trend!
… …
"Aiya, why did the stock market fall again today? Didn't they say that Soth had been defeated?" A Hong Kong investor said with a frown.
"The stock market is still under the control of those big bankers. They will rise and fall as they wish. Some time ago, they were the ones pushing up the stock market, and now, they are suppressing them. We are small investors, and we should run if we can. "Someone shook his head and sighed.
"But if I sell my shares now, I will suffer losses."
"It's better than losing everything. Anyway, I will sell my shares and use the money to speculate in real estate! "
These comments are very popular among Hong Kong investors, and many individual investors had dumped their shares. They either stopped investing and chose to deposit their shares in the bank, or hand over their shares to financial management companies, like Wind and Rain Consulting, Guangzheng Fund, etc.
But some so-called investment experts turned their attention to the property market. They realized that speculating in real estate is more stable than speculating in real estate. Some time ago, Soros had attacked Hong Kong's market, and the stock market had fluctuated violently. But the property market is fine.
Furthermore, look at Thailand. The stock market and financial markets had collapsed, but the property market is still rising. This shows that investing in real estate is the most stable investment!
So, a strange trend appeared in Hong Kong. The Hang Seng index fell every day. Although the rate is not fast, it is not slow either. Only a few stocks are rising, and most stocks are falling.
Most of the funds had entered the property market, making Hong Kong's property market hotter.
Some people went to finance companies to get loans to buy a few houses at the same time. Even if these houses cannot be rented out, and the location is not good, the prices are still rising.
At that time, he could casually sell a few units and make money. He could even earn an additional unit!
… …
"Brother Feng, my Second Uncle asked me to invest in real estate. Can you help me settle my investment in Wind & Rain Consulting?" Fu Guangzheng asked.
"What? Real estate? Where?"
"Hong Kong. The property market is booming now, and it's much easier than the stock market. I am not going to withdraw all my funds. I only need 100 million USD. "Fu Guangzheng raised one finger.
"Brother Fu, your Guangzheng Fund had made a lot of money, right? Also, you had invested a lot in your Eldest Uncle's company. My returns are the highest, and there's no reason for you to withdraw your funds from me. Did you withdraw all your funds from that company?" Feng Yu asked curiously.
"No."
Feng Yu raised his brows. No? That's a problem!
"Brother Fu, are you asking me about my views on Hong Kong's property market? What I want to tell you is that the real estate market will collapse in less than a year. Just think about Japan in the past. All the houses are empty, and property prices are rising everywhere. There must be a problem. When the banks raise their interest rates, many property speculators will go bankrupt. They can't even sell their houses! "
Feng Yu shook his head. Since when did this Fu Guangzheng become so cunning.
"You also think the property market will crash?" Fu Guangzheng's eyes opened wide. This is the same as his Eldest Uncle and Professor Liang. Speculating in real estate is not feasible. Then, he will follow his Second Uncle's advice. When the property prices hit rock bottom, he will buy the houses!
"It will surely crash. Even if the Hong Kong Government uses their property reserves, it will not help."
Feng Yu realized that Hong Kong's financial crisis is not over. Maybe the stock market and Forex can be stabilized, but the property market is not!
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