Chapter two hundred and eighty seventh on the eve of the decisive battle
Xiangjiang is still prosperous in August. In the past few months, Li Yuhang has been remotely controlling his industries behind the scenes every day. Yudan Clothing Group, IKEA Convenience Store, and Shengyuan Carbonated Beverage Company have been listed on the upper level in these months, and his assets have continued to skyrocket.
I was happy for a while, thinking that I could make Soros retreat when faced with difficulties, but unfortunately the subsequent development did not go as those people expected.
Soros and international hot money have used actions to tell these people that they are not vain at all and want to build their reputation in Hong Kong.
At present, if Li Yuhang does not mobilize funds from major companies, he will only have more than 2 billion US dollars at his disposal.
In this financial defense battle, Li Yuhang can only do his meager part.
Just like what happened in Indonesia a few months ago, he would only protect himself and provide some help to the Chinese. He could only do so with a clear conscience. No more would be possible.
Xu Xinrong is enjoying great success this year. She is one of the top ten outstanding young people in Hong Kong, the richest man under thirty years old in Hong Kong, and the female head of the financial industry in Hong Kong.
It's just that this world-famous business elite is not proud of this at all. She knows that these are all given to her by the big boss.
In the Jianan Department, there are many like her, such as Zheng Hongmao from Yuzhou, Dong Haiyan from Yuzhou, Li Yujia from Rongcheng, and Huang Shoucheng from Guocheng.
These people are leaders in the local business community and have great influence in the local area.
And their big boss currently has no official position. Even if there is a problem in the company, it is impossible to find Li Yuhang.
But behind the scenes, it controls dozens of group companies and hundreds of branches in various places. Even excluding Xinyu Financial Holdings Group, the market value of these companies alone exceeds 100 billion Hong Kong dollars.
It is still far behind the world consortium, but compared with regional consortiums, the financial resources of the Jianan Clan are definitely not less than those.
The most important thing is that the wealth of the Jianan Group is still growing at a rapid rate, especially the shares purchased on Nasdaq. Xu Xinrong doesn't know why these shareholders and investors are so crazy.
Obviously the profit is pitifully low, but the market value is constantly rising. It seems that as long as it is more Internet-related, it is a fairy stock.
In July last year, the Nasdaq index only exceeded 1,500 points. In July this year, in just one year, the Nasdaq index exceeded the 2,000-point mark, soaring by 1/3 in one year.
As of yesterday, August 22, the value of the shares Li Yuhang acquired on Nasdaq has exceeded 10 billion US dollars. In just two years, the market value of Yahoo has increased nearly 20 times. It invested heavily last year.
Li Yuhang made a profit of nearly US$3 billion from this investment alone.
Judging from the current situation, Yahoo's market value will continue to soar. If it can successfully cash out by then, Yahoo will be able to bring nearly 10 billion US dollars in profits to Li Yuhang.
Xu Xinrong feels that her boss is good at everything, but he is too low-key. In the past, he was still the chairman of the board of directors of Jianan Supermarket Group, and there were some reports about him. Now the news media has no news about Li Yuhang.
On the contrary, these part-time workers have become famous, and those who don't know it think they are the bosses of the company.
"Boss, the Management Bureau will hold a financial meeting tomorrow afternoon. I hope you can attend the meeting."
What is the purpose of this meeting? Li Yuhang has long known that the August delivery period is next Friday, and now he has to prepare for the final decisive battle. If there are no accidents, Soros will encounter his first Waterloo in twenty years next week.
He who has never failed to attack the Canadian dollar, pound, mark, Thai baht, ringgit, Indonesian rupiah, Korean won, etc. will break his undefeated streak in the third largest financial center.
In a few months, it will suffer a big setback from the polar bear, and it will never dare to attack other countries' currencies again.
"Xin Rong, just go to the meeting tomorrow. I will go to Boston with Yu Ting tomorrow. She is a girl who has just turned 18 and suddenly goes to study in a distant place. I am still not worried."
Xu Xinrong naturally knew that Li Yuhang, a young girl, had excellent grades. Through Li Yuhang's operation, she took Harvard's independent examination and got the Harvard admission notice very smoothly. Li Yuhang didn't worry too much at all.
And compared to Li Yudan, this person has a more out-of-the-box personality. Li Yuhang chose business school for him, but this person insisted on choosing law school.
Fortunately, unlike some wealthy families in Xiangjiang, Li Yuhang's family did not force Li Yuting to attend business school.
And as the Jianan system industry begins to go abroad, there is indeed a need for legal elites in this field. Li Yuting will also be able to contribute to the Jianan system in the future after graduating.
Relatively speaking, Li Yudan is much quieter. He came to Xiangjiang in June this year and officially entered the Xinyu Financial Holding Group as an intern, working as an assistant to Xu Xinrong.
Invisibly, Li Yudan was already a long way ahead of her classmates. While her classmates were still struggling for an internship job, she was already learning from the elites in the financial world.
Li Yuhang never thought there was anything wrong with this. As his sister, how could she develop step by step like an ordinary employee.
Now Li Yudan has been working as an assistant to Xu Xinrong for several years. When his abilities are about the same, Li Yuhang will naturally let him work in a position of real power.
Because of Li Yuhang, Li Yudan's career has been the end of many people, and even many of her classmates.
You must know that Xu Xinrong is the fourteenth-level manager of the Jianan Department. Her assistant is equivalent to the deputy director of the group department and the eleventh-level manager. This is a position that many people cannot reach even after working until retirement.
"Okay, I will reply to the Monetary Authority later. Everything that needs to be prepared has been prepared. If Soros and international hot money cannot be put in trouble this time, then this place will really become someone else's withdrawal in the future.
It’s a chance.”
"You don't need to feel any pressure. Anyway, we just took a US$10 billion order in futures this time. Even if we don't keep it this time, the funds in our hands are enough to ensure that we can survive smoothly."
A few months ago, Li Yuhang took a short order of 10 billion in international hot money with a leverage of 500 million US dollars and 20 times leverage, and was waiting for the delivery date this month.
With more than 2 billion US dollars in cash in hand, he is not empty at all. How much can he lose if he loses again? Unless this side is completely defeated and the drop reaches more than 50%, he will face the problem of liquidation.
Xu Xinrong rolled her eyes at Li Yuhang. She was in charge this time. Losing even a little would be a huge blow to her reputation. If she lost billions of dollars, she would have no other choice but to take the blame and resign.
You must know that this time it is to protect Hong Kong's finance, so all parties in Hong Kong are very high-profile. In order to show that they are definitely not siding with international hot money, Xinyu Financial Holdings Group has already made rumors about its operations in the futures market.
She can guarantee that if there is a loss this time, the media in Xiangjiang will trample her as hard as they have praised her before.