Tianyi Investment Company.
A vibrant and passionate place where every member seems to be infused with boundless energy and full of enthusiasm.
Even Liao Bisheng, a middle-aged man who is usually calm and composed, couldn't help but excitedly pound his fist on the computer screen at the crucial moment.
Rewinding to late October, the international financial market underwent a dramatic change, and speculators turned their attention to Hong Kong, the international financial center.
In just a few days, on October 23 and 28, the Hang Seng Index in Hong Kong suffered heavy losses and plummeted repeatedly. The Hong Kong SAR government reiterated with a firm stance that its exchange rate system is rock solid and unshakable.
In mid-November, South Korea also experienced a financial crisis, with the Korean won depreciating sharply against the US dollar, forcing the South Korean government to seek assistance from the International Monetary Fund.
The depreciation of the Indonesian rupiah is now affecting the Southeast Asian foreign exchange market, with currencies such as the Singapore dollar, Malaysian ringgit, Thai baht, and Philippine peso all falling.
In this wave of financial crisis, China Telecom, with its keen market insight and forward-looking strategic vision, made early arrangements and launched precise attacks.
In the foreign exchange market, they decisively shorted Southeast Asian currencies and accurately bought put options in the stock market.
They relentlessly wield their sickles, harvesting the "leeks" (victims) in the market, their wealth growing so rapidly that it snowballs and grows larger and larger, a truly astonishing sight.
Casino tycoon Mr. Ho also noticed the situation here, and he did not hesitate to inject an additional HK$1 billion, although this was no longer a huge sum for the growing Tianyi Investment Company.
However, this injection of funds undoubtedly provides a strong impetus for the company's further expansion.
With the accelerated flow of funds, China Telecom's profits soared. With this 1 billion, it could potentially earn 2 billion to 10 billion, or even more; anything is possible.
During the financial crisis, the Hong Kong stock market experienced dramatic fluctuations.
The Hang Seng Index plummeted, causing many companies' stock prices to fall sharply, resulting in heavy losses for investors.
Many well-known companies, such as Cheung Kong Holdings and Hutchison Whampoa, have seen their market value shrink significantly, and their stock prices have fallen from their former highs to their lowest points, with some even losing only a fraction of their former value.
The harsh realities of the market have led many businesses to the brink of bankruptcy due to a sharp decline in orders, lack of financing, and broken cash flow.
Among them, a long-established food company called "Flavorful Food Factory" was also not spared.
Liu Feng and Uncle Zhang were sitting in the conference room, listening to a professional manager report on his work.
This manager, named Shangguan Wuchen, is not only a fellow townsman of Liu Feng from Xianshan County, but also an elite with rich industry experience.
He originally worked for the Flavor Food Factory, earning an annual salary of 300,000 yuan. Now, Uncle Zhang has recruited him with an even more generous annual salary of 500,000 yuan, entrusting him with the important task of acquiring the Flavor Food Factory.
After Zhang Shu's investigation, it was indeed as Shangguan Wuchen had reported.
Although the Flavor Food Factory is in trouble, it has advanced food production equipment and a group of experienced technical workers. More importantly, its factory is in a superior location with convenient transportation.
Transforming it into a company specializing in spicy snack strips would be perfectly feasible.
Spicy strips have proven to be quite popular in mainland China.
The only thing that made Uncle Zhang have doubts was whether spicy strips, which are considered inexpensive snacks in mainland China, could win the favor of consumers in Hong Kong, an international metropolis. He wasn't sure.
Liu Feng, however, was full of confidence.
He knew that chili strips would sell well in Hong Kong and would be one of the hottest products there.
For example, Weilong spicy strips, which were once a popular snack among Hong Kong residents, were a hit in their previous lives.
It is especially popular among those who work overtime, and is often regarded by investment bankers in Central as an essential "recharging tool" for working overtime.
Therefore, Liu Feng firmly believes that through precise market positioning and marketing strategies, spicy strips will definitely shine in the Hong Kong market and become a hot product.
Furthermore, it can sell well worldwide...
Continue read on readnovelmtl.com
