Chapter 427: Fell! Fell!

Chapter 427 Fell!
After listening to Zhou Hao’s vivid explanation, Yan Qingming also understood initially, and nodded and said: "So how do you know whether the stock is going up or down? I heard that there are many factors that affect the stock market. The risks are very high. Big."
Zhou Hao smiled and said: "Of course the risks are great, especially when we are trading futures. Although the rewards are very generous, the risks are much greater than ordinary people's stock speculation. Therefore, futures can make people rich overnight. , Can also make people go bankrupt overnight. As for why I know that South Korea’s stock market will plummet, haha, in fact, with the current situation, many people can see that the scope of the financial turmoil will become larger and larger, South Korea As a part of Asia, it is normal to be affected. However, I know the exact date of the Korean stock market crash better than ordinary people, and this depends on the analysis and speculation of various data and information, which is very complicated, but this There is also a bit of intuition. I intuitively know that the Korean stock market will plummet."
He looked at the screen showing the trend of the Korean stock market on the opposite wall and said:
This time we are buying a lot of contracts for Korean stock index futures. As long as their stock market drops sharply, we will be able to make money. Money for people whose stock market will rise."
Yan gently smiled and pinched Zhou Hao's nose: "You're not a girl, what's your intuition?"
"Dare to say that to me? See how I can clean up you." Zhou Hao smiled and gently scratched Yan's armpits and waist, making Yan gently giggling, twisting and dodge on his leg, just in the process. It is very sweet and fragrant and close to Zhou Hao's body.
"But, since you said that many people can see it, do they still think that the South Korean stock market will rise?" Yan Qing grabbed Zhou Hao's hand to prevent him from continuing to presume.
Zhou Hao shook his head and smiled: "Cousin, you don’t understand South Korea as a nation. How should I put it, they are arrogant and inferior. To put it better, it is the Korean national sense of honor and national self-confidence. They are very powerful. To put it harder, they are very self-righteous. Also because of their low self-esteem, they cannot afford to lose and cannot accept failure. Even if everyone knows that South Korea’s stock market will fall, all the data show that South Korea’s stock market will fall. They still won’t admit this fact. No matter how you reason with them, they won’t succeed. They just think that their country will win and that their country’s stock market will rise.

He squeezed Yan's chin and smiled very confidently: "So I have never worried about whether anyone will buy a futures contract that will increase the Korean stock index. Hehehehe... just let them buy one. The lesson is good."
Yan gently turned his head and got rid of Zhou Hao's hand, and asked, "What about the foreign exchange market you are talking about? What's the matter?"
"Foreign exchange market, that is, foreign exchange market." Zhou Hao explained: "Each country involves trade, investment, tourism and other economic exchanges. There will always be currency balances and expenditures. The currency systems of various countries are different. This solves the problem of exchange between domestic currency and foreign currency. Among them, the market where domestic currency and foreign currency circulate and trade is the foreign exchange market."
"Then why do you think South Korea's currency will depreciate?" Yan Qing asked.
Zhou Hao explained with a smile: "In fact, it is the cause of the Asian financial turmoil, but the Asian financial turmoil is only an incentive, mainly because South Korea’s economy is inherently problematic. In fact, the reason why South Korea’s economy The rapid development over the years is due to the backing of the United States. However, now the United States’ economy is also having problems, and naturally there is no time to pay attention to South Korea. Even this financial turmoil was originally the United States indulging Soros and Julian. It came out."
"In order to maintain high-speed economic growth, South Korea will borrow foreign debt to maintain economic growth when its own conditions gradually become insufficient. However, due to the high economic growth of overdraft and the expansion of non-performing assets, South Korea has gradually They don’t have the ability to repay their debts. Their country’s foreign debt structure is unreasonable. Once the outflow of foreign capital exceeds the inflow of foreign capital, and the country’s foreign exchange reserves are not enough to make up for its shortfall, then their currency depreciation will be inevitable.
Zhou Hao said:
Because it is too easy for large companies in South Korea to obtain funds from banks, once the company is in poor condition and cannot repay the bank’s loans, the bank’s non-performing assets will inflate, which is the so-called bad debts, which also deepens South Korea’s The currency devaluation is dangerous."
Yan Qingjing was a little fascinated when she heard it. Before, she learned about financial management. On the one hand, she read and taught herself, but the most important thing was that Lu Shiping taught her hand in hand and let her learn through practice, and she still For the first time, it involves knowledge of the stock market and foreign exchange.
In the past, Zhou Hao always laughed and joked in front of her. He was alive to her. He had never told her such profound knowledge. Seeing Zhou Hao's serious and confident expression, Yan Qing didn't realize he was attracted to him, and said sincerely, "Xiaohao, you know so much."
"Otherwise, you think that so much money came from the strong wind, it is all my hard work and relying on my own efforts to earn it back." Zhou Hao cocked his mouth and said.
"I know, I know, I know that my Xiaohao is a talented person." Yan Qing gently kissed the corner of Zhou Hao's mouth, coaxing him like he did when he was a child.
Zhou Hao stretched out his hand and touched Yan Qing's crisp chest again, and then continued: "After knowing that the won will depreciate drastically, I asked someone to borrow a large amount of won from a Korean bank a few months ago. Yes, these are done through many leather bag companies, otherwise it will arouse the suspicion of Korean banks. After borrowing the Korean won, we sold it in the foreign exchange market and converted it into US dollars. When South Korea was affected by the financial turmoil The stock market fell sharply. When South Korea’s treasury’s stock of U.S. dollars was insufficient to support its exchange demand due to the need to repay foreign debts, the entire exchange rate system would collapse, and the original exchange rate would no longer be able to fall. Depreciation."
"At that time, we will convert the US dollar into the required number of Korean won at the new exchange rate to repay the loan. The remaining price difference is the money we made." Zhou Hao said with a smile.
In fact, his hand is the original method used by international speculators such as George Soros and Julian Robertson to attack the Thai baht. According to the history of previous lives, Zhou Hao knew that the exchange rate between the Korean won and the U.S. dollar would eventually fall to an unprecedented 1,737.60:1, which was almost doubled.
Therefore, Zhou Hao used the above technique to snipe the Korean won this time, and the profit he could obtain was also very generous, which could be called a huge profit.
He also heard Zhou Hao say: "South Korea is Japan. Speaking of Japan, it was still dragged down by South Korea. Many Japanese invested a lot of money in South Korea. When South Korea collapsed, they lost their money. The bankruptcy of companies has dragged Japan into the vortex of this financial turmoil. However, the economic crisis in Japan lasted for a relatively long time, so the income was relatively slow."
"Xiaohao, how much money can you make after this time?" Yan Qing asked curiously.
Zhou Hao thought for a while, and said: "After this investment plan for South Korea, the funds that I can mobilize at any time will officially exceed the tens of billions of dollars."
Yan Qingchun said in confusion, "Ten billion dollars? Then, how much is that?"
She has no idea even if it is 100 million yuan, let alone 10 billion US dollars.
Just listen to Zhou Hao smiling and saying: "The total economic output value of our Xiangcheng city this year is about 10 billion yuan, and the money I have is probably equivalent to the money that the residents of Quanxiang City can earn in eight years. "
Of course, Zhou Hao knew that his statement was not very appropriate. Because Xiangcheng's economy is constantly developing, especially after entering the two thousand years, its development speed can be described as amazing. He still remembers that in 2004, Xiangcheng's GDP reached 100 billion RMB, which was ten times higher than that in 1997.
However, Yan Qing was stunned by Zhou Hao's words. Xiangcheng's population was more than 500,000, and Zhou Hao's current money was equivalent to what these 500,000 people had earned for eight years of work.
Most people as old as Zhou Hao are still in school. They rely on their parents for food, clothing, shelter and transportation. They have never made a dollar by their own efforts. Zhou Hao, also a 17-year-old boy, has mastered it. With a wealth of tens of billions of dollars, this is simply unbelievable.
Moreover, these are only the circulating funds in Zhou Hao's hands, without counting "Polaris" and "Tianhe". You must know that nowadays, "Polaris" has two TV stations, Galaxy Satellite TV and Asia Television, and there is one worth more than one billion. RMB's broadcasting satellite. And "Tianhe" has now faintly become the leader of domestic private beverage companies, and its development momentum is also very strong.
The combined value of these two groups is probably tens of billions of yuan.
Looking at Zhou Hao's handsome face, Yan Qing really couldn't imagine that Zhou Hao, who was still her own little tail when she was a child, and loved to act like a baby to herself, has now achieved such an achievement.
After speaking with Yan Qingqing, Zhou Hao dialed Song Jiahao again. He knew that Song Jiahao should know what he was going to do, so he didn't call to disturb him.
After the call was made, Song Jiahao was heard excitedly shouting: "Boss, it's down! It's down! The Korean stock market has fallen!"