Extraordinary Genius

Chapter 252 The Collapsed Fu Rongjin

The Modu Stock Exchange was established earlier than in the previous life. Feng Yu has already prepared for this. Although the international stock market is not very good at this time, the Huaxia stock market is not linked to the international market at this time, and almost no foreigners come to buy it. For Huaxia stocks, a generation of stockholders in the country is enough for the top leaders to make the decision to establish an exchange.

Feng Yu even felt that he was the largest stockholder in China at this time, and no one should buy more than him.

After the news of the establishment of the Modu Exchange was announced, all stock prices began another round of accelerated rises. Immediately afterwards, newspapers and TV news announced the list of the first batch of companies listed on the Shanghai Stock Exchange.

As expected, all the companies selected at the beginning were successfully listed.

China's stock market will rise sharply for a period of time from now to the end of this year. And starting from the beginning of next year, with the completion of dividend distribution, some people will sell them if they make money, and the rising trend will slow down, or even drop slightly.

Feng Yu intends to sell some unimpressive stocks at the end of the year, and then buy them all when the stock market drops slightly in March and April next year to make a fortune.

Compared with Feng Yu's elation, Fu Rongjin in Xiangjiang is full of sadness.

He speculated in rubles and invested a large amount of working capital, almost all the money he could come up with. Originally, I wanted to make a lot of money in these two months, but I didn't know that the ruble price not only did not rise, but fell a lot instead.

When he first speculated on the ruble, the ruble really rose a little bit, but then it fell a little bit. He thought this was a normal fluctuation. According to Feng Yu's news, the Soviet government would push the ruble to appreciate.

With the strength of the Soviet Union, is there any problem in trying to stimulate the appreciation of the ruble?

But the ruble just doesn't rise, and has been slowly falling. And this week, the ruble fell even faster. If it keeps falling like this, it won't be until Friday, Fu Rongjin's ruble futures list. But it's about to be liquidated!

Fu Rongjin couldn't figure it out, how could this happen?

Fu Rongjin was in sales. With a very keen market control, the reason why the Fu family has such a complete sales channel is Fu Rongjin's original suggestion. But when it comes to finance, he's really not good at it. There was no way, so he asked Fu Guangzheng to go to Fu Rongqi to find out when the ruble would rise sharply, at least for the time being.

But the news that Fu Guangzheng brought back made Fu Rongjin dumbfounded.

It is impossible for the ruble to go up. The Soviet Union also has no energy or funds to raise the ruble, because the Soviet Union is in civil strife at this time, and the entire Soviet Union is in danger of disintegrating!

What? Fu Rongjin couldn't believe it,

How did the Soviet Union collapse?

If each country has opinions, it can be sovereign and independent, but it should not be disintegrated. Wouldn't it be good to maintain a kind of cooperation just like the Commonwealth of Nations?

Fu Rongjin began to ask people to collect news about the Soviet Union. He absolutely did not believe it. Fu Rongqi must be lying to him!

After reading the news, Fu Rongjin slumped on a chair.

There are actually four countries that have declared their secession from the Soviet Union. He didn't even know it all along!

Lithuania first announced its secession from the Soviet Union, followed by Latvia and Moldova successively announced its secession from the Soviet Union, but they were all rejected by the top Soviet government. What broke Fu Rongjin was. How did Russia declare its secession from the Soviet Union? That was the stronghold of the Soviet Union, and it was the most powerful ally of the Soviet Union.

If Russia also breaks away from the Soviet Union, then the Soviet Union will really exist in name only!

The Soviet Union is almost gone, so where will the ruble be raised?

how so? how so!

What broke Fu Rongjin the most was that these things all happened before Feng Yu came to Xiangjiang, and he didn't even know about it! If he knew, he would never believe Feng Yu's words, and bet on the appreciation of the ruble!

It's over now. Everything is over, the four hundred million Hong Kong dollars. Definitely down the drain.

As it happened, the ruble continued to depreciate. Now it has reached the price of 1.1 rubles: 1 US dollar, and all his ruble futures orders have been forced to liquidate because there is no additional funds!

If he sells his assets, it is not without additional funds, but now he understands that no matter how much funds are added, he will lose everything, and the fall of the ruble is unstoppable!

On the day when the 400 million Hong Kong dollars were lost, Fu Rongjin called Fu Guangzheng home and yelled at him, and even slapped him.

After Fu Guangzheng asked clearly, he realized what happened. He didn't know that his father actually invested as much as 400 million Hong Kong dollars. My father's family property was originally only about one billion Hong Kong dollars. Last year and this year, he paid Guangzheng a lot of money to invest.

In order to prevent the eldest son from saying that he was partial, Fu Rongjin gave the eldest son a lot of assets.

These 400 million Hong Kong dollars were lost, and Fu Rongjin’s net worth at this time was less than 300 million Hong Kong dollars. Most of them were the company’s shares and fixed assets. Not enough!

"Old man, why did you spend all your money to buy futures? I told you to discuss it with your uncle, but if you don't listen, how can you blame me now?" Fu Guangzheng felt very wronged, and he couldn't be blamed for this matter. Come on him, he wasn't the one who asked his father to invest in ruble futures.

"I don't blame you. If you hadn't brought that punk, would I have been cheated? Four hundred million, that's four hundred million!" Fu Rongjin's voice was trembling.

"Guangzheng, how much money do you have in your hand, let's pool it together, otherwise father's company's capital chain will be broken next month." Fu Guangzheng's elder brother Fu Guanghui said.

"I just invested in a new factory in the mainland, and now I have no money. Even if I sell some stocks in the mainland, I can only take out about 10 million yuan."

"I can take out 20 million yuan, but it's not enough. At least 100 million yuan is needed for my father's company to operate normally."

"Why don't you ask your uncle to borrow some money?" Fu Guangzheng said.

Fu Rongjin lowered his head and remained silent. Looking for Fu Rongqi to borrow money? Then Fu Rongqi will definitely ask him where the money went. What did he say, he lost all his money in ruble futures?

Fu Rongqi has always said that he is not suitable for finance, but he just refuses to accept it. Isn't it a joke to ask Fu Rongqi to borrow money now? There are also the second and third children, who will definitely ridicule him.

"No, use the company's mortgage and get a loan from the bank!" Fu Rongjin said harshly.

"Old Dou, it's better to get a loan from the bank than to go to Uncle's to turn around. Besides, if the company's partners know that we owe a large amount of money to the bank, they will worry about our ability to pay, and I'm afraid they won't continue to cooperate with us." Fu Guanghui persuaded road.

"I want to go to you, I won't go!" After Fu Rongqi finished speaking, he went back to his bedroom.

Fu Guanghui pulled Fu Guangzheng to sit down, and asked his father why he said Feng Yu had lied to him, and what was going on.

Fu Guangzheng talked about the situation at that time, and Fu Guanghui frowned, as if this was really a scam aimed at his father. I also asked Feng Yuben our family's business partner, and you two have a good relationship, why would the other party dig a hole for your father?

Knowing that it was his father who robbed Feng Yu of the company's shares that he valued, he shook his head. My father did something wrong in this matter, but Feng Yu shouldn't have lied to his father.

The Xiangjiang Fu family is not so easy to bully! (To be continued.)

ps: Thanks to Silent Night ly, I think I'm fine, let's listen to the sea, the deity & Flying Eagle, etc. for the rewards, thank you to listen to the sea, the premonition of decay, the sky of indecent love, etc., everyone voted for the old Four guaranteed monthly tickets (www.. )

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