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Chapter 58 Great Harvest

Profits soon appeared, and the decline continued to increase, almost approaching 1. The decline almost reached 18 basis points, and the profit exceeded 10 million US dollars.

However, Chen Fang just glanced at it and continued to check the news about interest rate hikes in beautiful countries. It is not so much the government as it is the central bank of beautiful countries, because beautiful countries cannot control the central banks of beautiful countries.

...

The beautiful country wants to harvest China's wealth just like those other countries, relying solely on financial means.

Obviously this is also wishful thinking!

But it is precisely because of this that the beautiful country, which understood this, launched the so-called trade war later.

After all, this is what the beautiful country has to do.

Otherwise, why would we do it if we knew that both sides would lose?

But there is no other way. Financial means are not enough, so we have to use other means! There are endless means including sanctions and suppression. Anyway, a beautiful country has no face in the world.

Otherwise, with the beautiful country’s system, if it cannot be harvested, the wealth of other countries will be lost!

Then they themselves will have more serious problems!

A week later, the beautiful country still started to raise interest rates as it did in its previous life. Finally, the Central Bank of China also began to fail, which eventually broke the bank of many international speculators and some hedge funds.

.....

Future Finance's account itself has also increased from 350 million U.S. dollars to 4 billion U.S. dollars, a full 10-fold increase. It can be said that the name Chen Fang will soon be famous in the entire Shanghai financial circle.

"Mr. Chen, you are so accurate!" Every time he was able to sell short orders in advance before they rose, and buy long orders in advance before they fell, Yangyang could only admire him now.

"Thank you for your hard work this week! Let's go back and rest today. I will send you a big red envelope after the funds arrive..." Chen Fang said with a smile. The profit this time was 20 billion Chinese yuan, which can be said to be a magical city.

No business can match his cash flow.

"Thank you, Mr. Chen, this is what we should do!"

"It's just that Mr. Chen is the hardest worker. He has to watch the market and pay attention to the profits."

"Yes, yes, Mr. Chen is the most powerful person."

The traders started talking one after another, because it was time to get off work now, everyone was free and not as restrained as before. It was only the afternoon, so it was still early after all.

"Yangyang, please tell Huaxin that the funds must be credited as soon as possible."

This money will be of great use if kept for a long time, and I want to get it as soon as possible.

"I will urge them to handle it, don't worry!"

After saying that, Chen Fang was ready to go back to Ode to Joy. However, he had already felt uncomfortable after staying in the company for a week. He thought it would be better to stay at home, and he didn't know how his girlfriend Qiu Yingying was doing.

Qiu Yingying has been with Andy these days. She doesn't want to disturb Chen Fang's work because she doesn't understand that. She doesn't want to cause trouble. It's good to use this time to get closer to him.

"Sister Andy, Chen Fang is back and asked us to have dinner together! I also asked you to call Brother Tan," she was very happy when she received Chen Fang's WeChat message. Now her boyfriend is finally finished.

"Okay, I'll call Lao Tan right away..." This brother Tan is what Tan Zongming asked Qiu Yingying to call him. Anyway, the two of them can be considered relatives.

"Old Tan, let's have dinner together tonight, Chen Fang's treat."

"Okay, it just so happens that I also have something to ask him." Tan Zongming on the other end of the phone had not recovered from the news he had just received when Andy called.

His friend in the investment bank just told him that an investment institution called Future Finance made a profit of more than 3.5 billion US dollars in this exchange rate war, but he knew very well that the boss of this investment institution was Chen Fang.

After all, it was still early when they arrived at the hotel. After seeing Chen Fang, Qiu Yingying kept clinging to him, making the two people opposite her yell at each other. Although Andy and Tan Zongming were lovers, they still had to do it in public.

Some can't let go.

"Chen Fang, you've finished your work. How's your recent harvest? I see you're happy..." Andy asked with concern. Tan Zongming next to him also wanted to know the specific situation.

"In the recent foreign exchange war, I made a small profit...the net profit is about 3.5 billion US dollars...that's pretty much it." Chen Fang told several people about the recent situation. Qiu Yingying was already dumbfounded. She didn't know what to say.

What, I can only lament that Chen Fang is so outstanding.

"Good, very good! As expected of you, I have never seen anyone better than you in the field of finance... This title should belong to you." Andy praised his younger brother, because after the previous things, it seems like this

It's not unacceptable.

"It seems like Lao Tan, you knew the news in advance. By the way, what about Chengxuan's financing last time?" Chen Fang looked at Tan Zongming as if he wasn't curious. He thought he knew the news in advance. That's how it is in the Magic City circle.

It’s no surprise if you know it.

"I heard it from a friend in an investment bank, but he didn't know who it was. He just knew it was called Future Finance! Andy should tell you about Chengxuan's financing..."

Tan Zongming said truthfully that it would be better for Andy to talk about the financing, and it would be easier to talk about the relationship between the two.

Andy hesitated for a while and then said.

"Chengxuan currently has various businesses in real estate, finance, and 3c, with total assets of about 60 billion Chinese yuan, but of which 20 billion are liabilities, and the available liquidity is seriously insufficient! The share distribution is 40% for Lao Tan, and the remaining five shareholders are about

40%, and the rest is in the hands of some institutions.”

Andy told Chen Fang truthfully about Cheng Xuan's situation. Of course, this was also approved by Tan Zongming, otherwise she would not dare to tell this. Chen Fang is her younger brother, but she still has to have professional ethics.

Chen Fang nodded. It was not far from his guess. The actual assets were about 40 billion, but they were in a high-liability model. Fortunately, Chengxuan was not entirely a real estate company. Otherwise, if the assets were 60 billion, there would be 55 billion in liabilities.

"Old Tan, I'll be honest, I plan to spend 5 billion Chinese yuan, but I don't know how many shares I can get..." This was originally budgeted, and this part was intended to be left to Andy.

Even if it is for her to rely on, she is still her biological sister after all. Moreover, the money in the film and television world cannot be taken away in life or death, so Chen Fang is very generous.

"I have to go back and convene the board of directors for this, but I guarantee you that the shares will not be less than 15%...but we still have to talk about the follow-up situation." Although assets are assets, everyone is concerned about the specifics.

Know it well.

"Okay, I'll wait for your news."

This matter is not a trivial matter. It cannot be completed in a day or two. It requires multiple negotiations. Anyway, Andy will represent him in future negotiations. He still has important things to go to Yanjing.

Chen Fang is very greedy for Toutiao's shares in the next step. Although Byte will definitely not raise funds, it does not mean that its shareholders will not cash out and leave.

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