Chapter 86 The Future of the Stock Market



"Buy!" Liu Feng replied directly.

Jin Xiaohu, Ma Wen, and the others looked surprised. They hadn't expected Liu Feng to want to buy this car, which cost over a million RMB!

Could he be sulking? But Liu Feng's calm expression doesn't seem like it.

They turned their attention to Uncle Zhang, but found no objection from him.

This person is really going to buy it!

Liao Bisheng was usually a mature and steady person, but when he heard Liu Feng say he wanted to buy it, Uncle Zhang didn't object, which shocked him: "Is the boss so rich?"

Uncle Zhang waved his hand nonchalantly, and his bodyguard, Cui Dazhuang, appeared.

He handed over a bag, unzipped it in front of everyone, revealing bundles of brand-new Hong Kong dollars inside.

Jin Xiaohu and the others stared wide-eyed; they had never seen so much cash in their entire lives.

Seeing this, the sales manager quickly and warmly invited everyone into a reception room.

Today, they misjudged us; appearances can be deceiving!

The aloof saleswoman, with her head down, served tea and pastries to everyone. Looking at the stacks of Hong Kong dollars piled on the table, she felt a little thirsty, but spoke in an even softer voice, asking everyone what they needed.

After counting the money and paying the bill, there is still a series of tedious procedures and formalities, all of which are entrusted to the car dealership to handle.

I'll come back to pick up the car in a few days.

Afterwards, the group passed by a mobile phone store.

The store was brightly lit and filled with all kinds of mobile phones, but they held no appeal for Liu Feng.

In Liu Feng's eyes, these were all "old-fashioned phones," and they could hardly arouse his desire to buy them.

As for smartphones, it wasn't until 2007, when Apple released the first-generation iPhone, that the smartphone era officially began.

Then came smartphones with the Android operating system.

However, the others still found it quite novel.

At this moment, a smiling salesperson enthusiastically introduced the various models to Liu Feng.

I looked at several Nokia phones, but they were all candybar-style, big, and ugly, so they were ruled out.

The salesperson then recommended another model, the most popular one of the season—the Motorola StarTAC.

It's quite expensive, costing over 8,000 Hong Kong dollars.

"Look, do you like this phone? It's the only foldable phone in our store. It not only represents the pinnacle of current communication technology, but it's also a perfect combination of fashion and technology..."

The salesperson enthusiastically introduced the product to Liu Feng:

Liu Feng didn't listen to a single word of these introductions.

However, he thought the phone was alright.

A very small and lightweight phone that can easily fit in your pocket.

The flip-top housing features an embedded antenna that can be extended, hence the name "StarTAC".

"What do you think of this phone?" Liu Feng asked the people around him.

Jin Xiaohu was the first to respond, praising it as "nice"!

The others nodded in agreement, agreeing that the phone was both stylish and beautiful, but expensive.

So, Liu Feng took it upon himself to buy 10 copies at once.

After some haggling, the discounted price was HK$8,000 per unit, which is nearly 100,000 yuan.

He personally distributed them to everyone, and there were four copies left.

At first, people were reluctant to accept it because it was indeed too precious, equivalent to their annual salary.

They never expected that Liu Feng, who was as low-key as the boy next door, would be so generous and lavish.

Liu Feng said, "These are nothing. As long as everyone works hard with me and Uncle Zhang, and we all work together, luxury cars and mansions will be yours soon!"

Liu Feng understood that if he wanted the horse to run fast, he had to make sure it was well-fed.

He was unwilling to mistreat anyone who was one of his own.

Being rich is so great! You can buy whatever you want and give away whatever you want!

As night falls and the day's enjoyment comes to an end, the team members are about to get back on track and throw themselves into their busy work.

As planned, they set their sights on the technology stock market, ready to make a big splash.

Based on his understanding of future trends, Liu Feng proposed a detailed investment strategy:

First, $120 million was invested, of which $100 million was used to purchase Cisco stock at a low price, and the remaining funds were invested in two tech giants, Microsoft and Intel.

This is a sure-fire way to make money.

Secondly, take out 0.2 billion and try to make some money by riding the wave of the 'Asian financial crisis'.

Buy low, sell high; borrow high, repay low...

Liu Feng only had these basic understandings of the stock market, but he knew the final outcome of the Asian financial crisis.

The Asian financial crisis, also known as the Asian financial storm, originated in Thailand in 1997.

It can be divided into three stages.

Phase 1: In July 1997, Thailand announced that it would abandon the fixed exchange rate system. American financial magnates like George Soros and global speculative capital took advantage of the situation to enter Thailand and short the Thai baht in large quantities.

This marked the official outbreak of the Asian financial crisis, which swept across Southeast Asian countries.

The Philippines, Indonesia, Malaysia, South Korea, Singapore and other countries have successively decoupled from the US dollar, and their currency exchange rates have repeatedly hit new lows.

In late October, Soros and his ilk moved hundreds of billions of dollars of speculative capital to Hong Kong, causing the Hang Seng Index to fall below the 10,000-point mark, a drop of 33.4%.

Phase Two: In early 1998, the Indonesian financial crisis re-emerged, and the Asian financial crisis continued to deepen.

The Singapore dollar, Malaysian ringgit, and Thai baht all fell, while the Japanese yen once approached the level of 150 yen to 1 US dollar.

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