When Feng Yu, Soros, and the rest worked together, the South Korean government could not hold on any longer. Feng Yu and the rest spread the news that they are short of funds and need to raise more funds. But the market is still dumping Korean Won, and the South Korean government can only swallow it.
The South Korean government forced themselves to swallow 10 billion USD worth of Won. But the next day, 20 billion USD worth of Won appeared in the market, and the South Korean government was shocked!
They did not know where Soros had borrowed so much money from. This is 20 billion USD worth of Won. Which bank had ignored their orders?
After that, the South Korean government noticed a serious problem. Suddenly, many contracts to short Korean Won appeared, and these contracts are not from Soros's account. These contracts are scattered, and one of them is from a Hong Kong fund company that had been helping them.
They had joined hands with Soros?!
So what if they know about this? There are no rules that prohibit others from shorting Korean Won.
Soros also used his last resort to dump Korean Won he had borrowed from other markets. On that day, Korean Won fell by 5%!
The South Korean government immediately asked the IMF for help. But it will take some time for them to get help.
Now, it's too late!
Korean Won was forced to announce that it will adopt the floating rate system and let the market decide. This way, South Korea's inflation will be greatly reduced.
After this announcement, Korean Won fell by another 8%. Feng Yu, Soros, and the rest had won!
But this time, Feng Yu and his partners had shorted more contracts and used higher leverage. That's why their profits are higher. They had recovered all the money they had lost in the past, and there are still a large amount of profits.
On the other hand, Soros had also made a profit, which could make up for his previous losses. In fact, he even made a small profit. But Soros's profits are nothing compared to Feng Yu and the rest.
Before Christmas, Feng Yu and the rest settled the last of their contracts.
… …
"Cheers! We had made a lot of money this time." Fu Rongqi had a big smile on his face. Not only he and the Fu Family had made a lot of money from their investments, but he had also earned a lot from those Hong Kong tycoons.
"Hahaha, Soros is at the forefront and is being condemned by everyone. He is being cursed by everyone. However, many people would never have thought that the biggest profit would be taken by us, right?" Fu Guangzheng laughed heartily. His assets had increased by a lot again. He had a feeling that after this investment, he would be the second wealthiest person in the Fu family, only behind his eldest uncle.
Fu Guangzheng does not dare to think that he had invested more than his eldest uncle. But he was satisfied that he had invested more than his other uncles.
Maybe among the second generation in Hong Kong, only Superman Li's eldest son, Li Zeju can be compared to him. But Li Zeju had inherited Superman Li's shares, and he had earned it himself.
In the future, no one knows who will be the number one person in Hong Kong!
"It's all thanks to everyone's help that we were able to achieve such results. Especially Professor Liang. You've worked hard and made great contributions. You've helped us reap the most benefits. "Feng Yu raised his glass to Professor Liang.
"I had only made a suggestion. It is up to you all to decide if you want to adopt it." Professor Liang was overjoyed. He hated useless people who did not listen to his advice. In this room, Professor Liang could feel everyone's respect, and he was in a good mood.
Kirilenko said a lot, and everyone looked at Feng Yu. Feng Yu was speechless. I had become the translator!
"Kirilenko said that all of us are his good friends. If we go to Russia in the future or need his help, we must call him. If not, he will be unhappy!"
"Hahaha … Kirilenko is a straightforward person. Don't worry. I will be going to Russia in a few days' time. He had promised me that he will treat me well." Fu Guangwei had a wicked smile on his face. He was looking forward to Kirilenko's hospitality.
"Alright. Tomorrow, we will be holding a celebratory reception at the Peninsula Hotel. Everyone should come." Fu Rongqi said.
"Uncle, let's talk about tomorrow. Let's split our money first. I had promised to buy a sapphire necklace for my mother." Fu Guangwei said loudly.
Fu Rongbing laughed as he looked at his son. His son had grown up and knew how to be filial to his parents. There was a saying that a good friend can make a person grow up quickly. Seems like Feng Yu was a good friend. This could be seen from the changes in Fu Rongqi and Fu Guangwei.
Fu Rongqi laughed and shook his head. "You should learn from Nephew Feng when you are rich. Don't waste your money! This is the document. Everyone, take a look and sign it. I will transfer the money to you all. "
"So much?" Fu Guangwei shouted. He did not expect the money he had invested in Kirilenko to become so much. It had doubled.
Fu Guangzheng raised his brows. You think that is a lot? I am the one who made more, but I will not say it.
Fu Guangzheng did not say it out loud, but he was grinning from ear to ear. This was only the profits from his investment in his eldest uncle's company. There were still profits from Feng Yu's investment.
"Why is there a part for me?" Professor Liang looked at the contract in front of him and asked.
"You had helped me so much, and you deserve this. If you think it is too little, just tell me how much you want. Anyway, we will be friends in the future." Fu Rongqi said.
"If I still think it is too little, then I will be too greedy. Let the children decide. "Professor Liang said and looked at Fu Guangzheng.
Fu Guangzheng laughed and did not say anything. Liang Yin had started to have dinner with him, and he believes that they will be officially married soon. He must have this wife!
Feng Yu also signed a contract. For this cooperation, both parties must give each other a share of the profits. Feng Yu also took out some contracts and passed them to Kirilenko, Fu Rongqi, and the rest for them to sign.
Kirilenko looked at the amount of money on the contract and signed his name without hesitation. No one asked the lawyer.
Fu Guangwei looked at the second contract that Fu Guangzheng signed. Why is it so much?! Fu Guangzheng was about to shout when Fu Guangzheng gave him a stare. He smiled and did not say anything.
Professor Liang saw Feng Yu giving him another share of the profits and did not reject. Professor Liang's profits were the highest. He had only invested 10 million HKD in Guangzheng Fund. But he had helped Fu Rongqi and Feng Yu come up with a lot of ideas. He got four shares of the profits, and each share was more than his initial investment.
With this amount, Professor Liang can retire and enjoy his life. But based on his character, he will choose to continue teaching or continue managing Guangzheng Fund. He is not someone who can sit around and do nothing. Fishing and gardening are not suitable for him.
"Brother Feng, you are going to invest your money, right? What are you going to invest? Can I join you? "Fu Guangwei asked with a smile.
Brother Guangzheng's net worth had increased so much after working with Brother Feng.
"Ok. I will think about how to invest later. If you are interested, you can join me."
… …
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