After listening to Zhou Hao's vivid explanation, Yan Qing also had a rough understanding of the situation, and nodded: "So that's how it is, then how do you know if the stocks are rising or falling? I heard that there are a lot of factors that affect the stock market's rise and fall, and the risks are great."
Zhou Hao laughed and said: "Of course the risk is big, especially since we are dealing with futures. Although the reward is very generous, the risk is also much greater than that of ordinary people.
Therefore, futures could allow a person to become rich overnight, but also allow a person to go bankrupt overnight.
As for why I knew that Korea's stock market would drop so greatly, hehe, actually, with the current situation, many people can see that the financial turmoil is affecting the region more and more. As a part of Asia, it is normal for Korea to be affected.
However, I know more about the date when the Korean stock market fell, and this is based on an analysis of the various data and information. It's very complicated, but there's also an intuitive factor. I have an intuition that the Korean stock market will fall. "
He looked at the screen on the opposite wall that showed the movement of the Korean stock market and said, "This time, we will buy a lot of contracts for Korean stock index futures. As long as their stock market falls sharply, we will be able to earn money, and it will also be the money of those who believe that the Korean stock market will rise."
Yan Qing smiled as she pinched Zhou Hao's nose. "You're not a girl, why are you talking about intuition?"
"You dare to say that to me? "See how I deal with you." Zhou Hao laughed as he scratched his soft underarm and waist, causing his to chuckle and wriggle on his legs. In the process, her body was close to Zhou Hao's ears, it was extremely alluring.
"But since you said that a lot of people can see it, then do they think that the Korean stock market will rise?" Yan Qing grabbed onto Zhou Hao's hand, preventing him from continuing to act presumptuously.
Zhou Hao shook his head and laughed: "Cousin Sister Qing, you don't understand this race of Korea.
How should I put it? They are arrogant and self-abased.
To put it nicely, the Koreans had a strong sense of national honor and self-confidence. To put it harshly, they were very self-righteous.
It was also because of their inferiority complex that they couldn't afford to lose and couldn't accept defeat.
Even if everyone knew that Korea's stock market would fall and all the data showed that Korea's stock market would fall, they would still not admit it. No matter how you reason with them, they would never succeed.
"So I'm never worried about anyone buying a futures contract that's going to go up in Korea's stock index.
Hum, hum, hum, hum … "Just treat it as asking them to buy a lesson."
Yan Qing turned her head away from Zhou Hao and asked, "What about the exchange market you were talking about? What's going on? "
"Exchange market, which is also known as the foreign exchange market." Zhou Hao explained: "Every country will involve trade, investment, tourism and other economic transactions, which will inevitably result in currency balance of payments relations. However, each country's monetary systems are different, which will lead to the exchange of their own currency and foreign currency.
Among them, the foreign exchange market is the market where the local currency and foreign currency are traded. "
"Then why do you think the Korean currency will be devalued?" Yan Qing asked.
Zhou Hao smiled as he explained, "Actually, it was because of the Asian financial crisis. However, this time's Asian financial crisis was only a trigger for it, and it was mainly because of Korea's economy which had problems in the first place.
Indeed, South Korea's economy has grown so rapidly over the years because of US backing. However, now that the American economy was in trouble, there was no time to bother with South Korea.
In fact, the financial crisis this time, was caused by the United States conniving Soros and Julian. "
"In order to keep the economy growing at a high rate, South Korea will maintain growth by borrowing foreign debt when its own conditions are becoming insufficient.
However, South Korea is slowly losing its ability to pay back its debt due to the overdraft of high economic growth and the expansion of bad assets.
Their country's external debt structure is unreasonable, and once the outflow of foreign capital exceeds the inflow of foreign capital and their foreign exchange reserves are insufficient to make up for their deficiencies, their currency devaluation is unavoidable. "
Zhou Hao said: "Due to the fact that it is too easy for large enterprises in Korea to obtain funds from the banks, if the enterprises are not in a good condition and cannot pay back the bank's loans, they will inflate the bad assets of the banks, which is also known as bad debts. This also increases the danger of Korea's currency devaluation."
Before, when she was learning about financial management, on one hand, she was studying by herself, but the most important thing was that Lu Shiping was the one who taught her, teaching her through practical means. This was the first time she had touched on knowledge regarding the stock market and foreign exchange.
In the past, Zhou Hao would always be happy in front of her.
Looking at Zhou Hao's serious and confident expression, Yan Qingqing was unknowingly attracted by him and sincerely said: "Xiao Hao, you really know a lot."
"If not, do you think so much money came from the wind? I earned it from my own hard work." Zhou Hao said with his mouth raised.
"Got it, got it, got it, my Xiao Hao is a heaven warping talent." Yan Qing kissed the corner of Zhou Hao's mouth, coaxing him like how she used to when he was young.
Zhou Hao once again touched Yan Qing's soft bosom and continued, "After knowing that the Korean won will go down in value, I had someone borrow a large amount of Korean won from a Korean bank a few months ago.
Of course, this is all done through a number of leather companies, otherwise it would be bad for Korean banks to be suspicious.
After borrowing the won, we converted it into US dollars in the foreign exchange market.
When South Korea is hit by a financial storm and its stock market falls, and when the country's treasury is unable to support its exchange demand due to a shortage of dollars due to its external debt repayment, the entire exchange rate system will collapse and it will no longer be able to do anything but let the exchange rate fall, resulting in a substantial devaluation of the won. "
"At that time, we can exchange the US dollar at the new exchange rate for the required number of won to repay the loan. The remaining difference is what we earn." Zhou Hao said with a smile.
In fact, his move was actually George. Soros and Julian. Robeson and the other international players' methods were similar to when they were trying to snipe the baht.
According to the history of his previous life, Zhou Hao knew that the exchange rate between the Han Yuan and the United States dollar would eventually drop to an unprecedented 1737.60: 1, which was almost double the original rate.
As a result, through the method described above, Zhou Hao managed to snipe at Han Yuan. The profits obtained were also very rich, it could be considered a windfall.
Zhou Hao said, "After Korea is Japan. Speaking of which, Japan was dragged into the water by Korea.
Many Japanese had invested a lot of their money in Korea. When Korea collapsed, they lost everything, leading to the collapse of many companies and dragging Japan into the vortex of the financial crisis.
But Japan's economic crisis has lasted for a long time, so returns have also been slow. "
"Xiao Hao, after this event, how much money can you earn?" Yan Qing could not help but ask curiously.
Zhou Hao thought for a moment, then said: "After this Korea investment plan, the funds that I have in my possession that I can mobilize at any time will officially break through the tens of billions of dollars barrier."
Yan Qing asked in confusion, "Ten billion dollars? "Then, how much is that?"
She didn't even know if it was a hundred million yuan, let alone ten billion dollars.
Zhou Hao laughed and said: "Our Xiang City's economic output value is around ten billion yuan, and the money I have in hand, is equivalent to the amount of money a resident of the entire Xiang City can earn in eight years."
Of course, Zhou Hao knew that what he said wasn't very appropriate.
This was because Xiang City's economy was constantly developing, especially after entering two thousand years ago, its development speed could be described as astonishing.
He also remembered that in 2004, the total GDP of Xiang City had reached one hundred billion RMB, ten times more than in 1997.
However, Yan Qing was already shocked silly by Zhou Hao's words. The Xiang City's population was over five hundred thousand, and Zhou Hao's current wealth was equivalent to what these five hundred thousand people earned after working for eight whole years.
The majority of people the same age as Zhou Hao were still attending classes in the academy, relying on their parents to support them in food and shelter. They had never earned a single dollar by working hard on their own, while Zhou Hao, who was also a seventeen year old youth, had actually grasped over ten billion dollars worth of wealth.
He did not include "Polaris" and "Tianhe". One must know that "Polaris" currently had two television stations, Galactic Television and Asia Television Limited, and a broadcast satellite that was worth more than a billion yuan.
And now "Tianhe" has also become the domestic private beverage enterprises, the development momentum is also very strong.
The combined value of these two groups is probably 10 billion yuan.
Looking at Zhou Hao's handsome face, Yan Qing really could not imagine that Zhou Hao, who had been his tail when he was young and loved to act coquettishly with her, had already achieved such an achievement.
After saying that to Yan Qing, Zhou Hao then dialed Song Jiahao's number again.
He knew that Song Jiahao probably knew what he was going to do, which was why he didn't call him to disturb him.
After he dialed the number, he heard Song Jiahao shouting excitedly: "Boss, you fell! He fell! Korea's stock market has fallen! "