Extraordinary Genius

Chapter 246 Greedy Fu Rongjin

In the evening, Fu Guang was driving to pick up Feng Yu, and they returned to Fu Rongjin's mansion together. ¤ It is said to be a mansion, but it is actually not that big. It is a two-and-a-half-story villa, less than 300 square meters, with a small greenhouse and a garage, but no swimming pool.

Not to mention anything else, it's not half the size of Song Laosi's single-family villa, but in Xiangjiang, where every inch of land is expensive, no one below a billionaire can afford to live there.

Entering the door, Feng Yu handed over a bottle of red wine, which is a common social etiquette in the upper class of Xiangjiang.

Hearing that Feng Yu was going to sell him a message, Fu Rongjin felt that Feng Yu was not capable. When he saw Feng Yu bringing red wine, he felt even more disdainful. This Feng Yu is just like the ordinary juniors of the Xiangjiang merchant family. Shouldn't he be respectful when seeing him?

Without my Fu family, the profits of humidifiers and so on will be at least half less, Feng Yu dare not fight with my Fu family!

"Xiao Feng, I heard from Guangzheng that you plan to speculate in foreign exchange, and you have a piece of good news that you want to sell to me?" Fu Rongjin's attitude was very arrogant.

"That's right, Uncle Jin, this news will allow the Fu family to make a fortune within two months, at least 50% of the profit. Two months, 50%, do you think this news is worth it? "Feng Yu said confidently.

Fu Rongjin narrowed his eyes, two months, 50% profit, does Feng Yu have any news that a certain country's currency is about to appreciate or depreciate sharply?

"Are you talking about the appreciation of the yen?" Fu Rongjin felt that the most volatile international foreign exchange in the current market should be the yen. But he also already knew that the yen will continue to appreciate, and this news has no value.

Feng Yu shook his head: "I mentioned to your son that although the Japanese yen makes money, it may not have 50% profit in two months, and there are fluctuations, and it may not make money. What I said will be in two months. It has risen sharply in a month!"

Fu Guangzheng's heart skipped a beat. Suddenly thought of what Feng Yu had said to him at noon. Feng Yu exchanged a large sum of rubles from the Soviet Union. Could it be that the ruble is about to appreciate?

Feng Yu went on to say: "Ruble, the ruble is about to appreciate! Since last year, the Soviet Union announced that it would change from a fixed exchange rate to a dual exchange rate system. In the foreign exchange market, the price of the ruble has been fluctuating, even during this period of time. There has been a decline. But I just came back from the Soviet Union. I got a big news that the Soviet government wants to promote the appreciation of the ruble to prevent domestic inflation. Now in the foreign exchange market, the exchange rate of the ruble to the US dollar has fallen by 0.8:1, which is The new low in the past two years. And the Soviet government is planning to pull the exchange rate back to 0.6:1 at the end of last year, or even reach 0.5:1, how much profit do you think there will be?"

Fu Rongjin took a puff on his pipe, thinking with his head sullen.

The ruble depreciates. Of course he knew that the Fu family also had business in Europe, but now Feng Yu said that the Soviet government wanted to increase the value of the ruble with the power of one country. It shouldn't be too difficult. It doesn't even need to be pulled, as long as the dual exchange rate system is abolished again, the value of the ruble will naturally recover.

He suddenly thought of the recent period. Eldest brother Fu Rongqi always goes to Europe, saying it is for investment, is it investing in rubles?

My eldest brother likes to speculate in foreign exchange. He can make a lot of money every time, but he rarely takes the three of them with him. Fu Rongjin has long complained about his eldest brother, but his eldest brother is the boss of the Fu family, he is at the helm, and his assets are several times the sum of their three brothers. He dared not speak out.

Could it be that the eldest brother is going to check the ruble market this time, and is going to start speculating in rubles? This must be the case, and the eldest brother is still not planning to bring the three brothers this time!

snort,

Back then, the old man liked me the most. If it weren't for you being the boss, how could it be your turn to inherit the large portion of the family property? If the old man had handed over most of the family property to me, the Fu family would have become the largest family in Xiangjiang now!

Didn't you, Fu Rongqi, always teach us that I am not suitable for finance, especially foreign exchange? This time I will let you see that I, Fu Rongjin, are no worse than you in foreign exchange!

"Xiao Feng, our family already knows about this matter. You should know that my boss likes to speculate in foreign exchange. He has a financial analysis team of dozens of people. But you also kindly told me, and I should give you some In return. In this way, this time I will give you one million dollars to buy your news, what do you think?"

Fu Rongjin laughed secretly, Feng Yu is still young, since the news is out, it is worthless.

Fu Guangzheng looked at his father in surprise, the price of rubles was going to rise, when did his father know about this? Why didn't I know that uncle was frying rubles? What Feng Yu wanted was a dividend of 100 million dollars, but his father was only willing to give 1 million dollars. The gap is so big, can Feng Yu agree.

"Uncle Jin, instead of giving me a million dollars, why don't you sell me your company's shares, and I can pay you five million dollars." Feng Yu expressed his thoughts.

Fu Guangzheng thought, sure enough, Feng Yu still wanted the shares, and the price was considered very high, but he didn't know how his father would answer.

Fu Rongjin raised his eyebrows: "Hey, I gave the shares to Guangzheng's boss. As a father, I don't want to steal from my son. Guangzheng, spend a good time with Xiao Feng in Xiangjiang these few days. Wanwan, your business in the mainland is thanks to Xiao Feng taking care of you."

The implication is that the Fu family is taking care of Feng Yu's overseas business.

Feng Yu sneered in his heart, the opportunity was given to you, and you didn't know how to grasp it, so don't blame me for being tricked this time!

"Forget it, Uncle Jin, since the Fu family already knows the news, what's the point of me collecting money again. Hey, I can smell the aroma of the food, can I start the meal?"

"Hahaha, well, let's eat first and talk about other things." Fu Rongjin was very satisfied with Feng Yu's "knowledge".

After the meal, Fu Rongjin arranged for a driver to take Feng Yu back to the hotel, this time even Fu Guangzheng didn't let him go. This second child doesn't know how to do business at all. Is loyalty important, or is it important to make money from doing business? When you earn enough money, lost friends will take the initiative to come back to you.

Fu Rong entered the study room, made a few phone calls, and asked his acquainted financial broker about the current exchange rate of the ruble, and then asked whether the exchange rate of the ruble would rise if the Soviet government pulled the ruble.

The financial broker thought about it and answered yes. A skinny camel is bigger than a horse. Even if the Soviet Union's economy is in a recession, it can still control its currency exchange rate. What's more, the Soviet Union exported a lot of gold this year, and the price of gold is also rising. The Soviet Union can still make a lot of money .

The poor financial broker only answered that if the Soviet government pulled the ruble, the ruble exchange rate might rise, but he didn't say that the ruble exchange rate would definitely rise.

Fu Rongjin's greed has already made him unable to notice the risks involved. He was very satisfied with the financial broker's answer. What Feng Yu said was true, and the ruble was really going to rise. He wants to play a big one this time, invest all the liquidity in it, use futures leverage, and earn a lot of money!

Feng Yu, a mainlander, doesn't know what foreign exchange speculation is, and he doesn't even know the principle of leverage. Fifty percent profit? At least five hundred percent, even one thousand percent profit!

It's time for me to pay Rongjin to make a lot of money! (To be continued.)

ps: Don’t waste the monthly pass~~~

Chapter 247/2082
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Extraordinary GeniusCh.247/2082 [11.86%]