Chapter 464: The Root of the Crisis

At 9am on the 20th of July, Han Songlin sounded the gong in the lobby, marking the official listing of Fule Wines. Fule Wines issued 2.5 billion shares at an issue price of HK$2.5, raising HK$6.25 billion, or a total of RMB 6.7 billion.

After the listing, Xinghai Group held 51% of the shares of Fule Wine, in an absolute controlling position.

In addition, Jiangzhong City Investment held 7% of the shares of Fule Wine, Shuchuan Investment also held shares of Fule Wine, and both Lianrongcheng and Yuzhou Guotou also held shares of Fule Wine.

Before the listing, Fule Wine introduced strategic investors.

What does this mean?

To put it bluntly, it is a redistribution of interests, except that Han Songlin is not distributing to certain individuals.

When it came to Hong Kong, some strategic investors were also introduced, and the specific list need not be mentioned.

Anyway, the listing of Fule Wine benefited many stakeholders.

After Fule Wine was listed, its market value quickly reached 40 billion, and it eventually closed after just barely reaching a market value of 50 billion.

After the listing, Han Songlin did not immediately leave Hong Kong, because Zhou Tong came to Hong Kong.

The economic ties between Hong Kong and Southeast Asia are quite close, so it is much more convenient for Zhou Tong to come to Hong Kong than to return to the country. Basically, he can just get on a plane and come over whenever he wants.

'Congratulations, Boss Han, you are now the well-deserved richest man in our country!'

Han Songlin and Zhou Tong met in a cafe.

They were accompanied by Tang Yan.

Liu Yuyan and the others had already returned. Hong Kong is located in the south, close to the tropics. Although it is by the sea, it is really hot.

Liu Yuyan, who was used to the weather in Sichuan, was not used to the weather in Xiangjiang after she arrived.

Xu Lu also returned after Fule Wines went public. Now that Fule Wines had such a large sum of money, it naturally had to be put to use.

The plan to build hotels across the country could naturally go ahead.

In addition, the food project could also begin.

Han Songlin looked out of the window at the street. Xiangjiang was narrow, so the streets were generally not very wide.

It's similar to the streets of a small county town in the future mainland.

Even the streets of a small county town are wider than this.

But narrow streets can actually attract more people and look more prosperous.

'Being the richest or not, to me, it really doesn't matter, it's just a title!'

Zhou Tong raised his eyebrows, a strange smile on the corner of his mouth. People who don't know Han Songlin would think he's just pretending.

Tang Yan smiles lightly, knowing that Han Songlin doesn't really care about the empty title of richest man.

Han Songlin: 'How are things in Siam?'

Zhou Tong naturally knows that Han Songlin isn't asking how he is doing in Siam, but rather about the implementation of the plan.

'Pretty good, foxi is developing well, and so is foyo.' Sometimes Zhou Tong wonders what Siam is actually doing, and he rushes to his death.

What is the point of opening up the financial sector, lifting capital controls and allowing the free flow of capital? Is this a sign of confidence or just wishful thinking?

Zhou Tong: 'This month, international capital has been testing the exchange rate of Siam. Although it hasn't had a significant impact, one thing is certain: more and more people are now aware of Siam's current problems.'

Han Songlin leans his head back and gently stirs his coffee, which has sugar in it and tastes particularly good.

'After the first time, there will be a second. After two, there will be three. Now we just have to wait patiently. How has Siam responded to this?'

Zhou Tong's mouth curled up in a sneer: 'The dance goes on, the horse races on, everything is fine! They are all too busy fighting for power and influence to care about this.'

At this time, Siam's political situation was quite chaotic. The leaders had changed several times, and the ministers were also like a flash in the pan.

Even if someone discovers a problem, there is no decision-maker, so it is useless.

Therefore, every time something bad happens, it can be found that there is always a man-made disaster at work.

There is a feeling that man-made disasters cannot be avoided.

Han Songlin looked at Tang Yan and indicated that she should talk about her research results in the recent period.

Tang Yan smiled and took out a stack of documents from her bag and placed them in front of Zhou Tong.

This sudden act of taking out documents from a bag is not uncommon in Xiangjiang.

Many people like to discuss things in cafes.

Some people like to discuss things in tea restaurants.

Zhou Tong gently flipped through the document, which was an analysis of various Asian countries.

'The root cause of the crisis in Siam is, apart from Siam's own problems, the island country!'

Was Zhou Tong shocked?

What did the island country have to do with Siam?

Looking at Tang Yan with slight suspicion, Zhou Tong knew that Tang Yan was smart, smarter than most people he had met; but Tang Yan was still under 20, so it was hard to trust her.

A person with no hair on their mouth is not reliable!

This deeply rooted thinking influences people's judgement of a person.

Many young people are denied opportunities because they are trapped by this saying.

Indeed, when it comes to the maturity of young people in doing things, compared to the elderly, they don't think as much.

It may seem a little rash.

But is it a matter of ability?

No, it's simply a matter of experience.

In other words, the more experience you have, the more mistakes you make, and the more you think about things.

It may seem that you are very steady in what you do.

Steady in what you do may sound like a compliment, but in fact, it depends on who you are saying it to.

If you say it to a young person, it is a compliment.

If you say it to an older employee who has been there for ten or twenty years, it means something else, and you have to think more carefully.

Tang Yan didn't care about Zhou Tong's distrust at all.

'In March last year, two credit unions in Jingdong exposed more than one billion dollars in bad debts. Although this seems to be a single event, we can see a lot from this incident, such as the problems in the island's banking industry.'

'Now the island's economy and exchange rate have both declined.'

'In order to protect its own economy, the island must maintain loans to domestic companies. Where does the money come from? It can only be withdrawn from abroad. And the island's investment is the main source of investment in Southeast Asian countries.'

'Once there is a large-scale withdrawal of capital, then Siam's exchange rate will inevitably face problems. International hot money will not let go of such a golden opportunity and will definitely use this to attack Siam's foreign exchange market. Now, an economic crisis is inevitable, it depends on what we can get out of this crisis.'

Tang Yan's face was wearing a smile, but this smile gave off a sense of cruelty.

To plunder a country's decades of wealth accumulation is indeed a very cruel thing to do.

'The crisis will break out in Siam, because Siam is now the weakest link. As long as Siam falls, then other Southeast Asian countries will inevitably fall, and the entire economic crisis will spread throughout Asia, and eventually South Korea and the island countries will have problems.'

Han Songlin gave a light laugh and applauded: 'Not bad. Tang Yan is indeed good at considering the whole picture. The entire world economy is closely connected. Something that seems insignificant can eventually develop into a huge storm that affects everyone.'