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"Why are you running?" Erya grabbed Lao Wang's big hand with quick hands and eyes, and asked: "Aren't there two questions? What is the other one?"
"Oh, there is another one..."
Lao Wang sat down again and talked about his plan to organize the 525 brothers who were going back this time and start a project.
Da Ya and Ya Ya nodded at the same time, thinking this idea was very good.
In the evening, the three siblings were having dinner in a restaurant. Erya received a call. After saying a few words, she hung up the phone and said: "Recently, a large amount of international hot money has poured into Southeast Asia, and there may be problems there."
One of her majors is business administration, so she has made friends with a group of classmates in related majors. With her connections at the K Martial Arts School, she has also met a large number of business elites in Silicon Valley, and has entered a large network of contacts.
Well-informed.
“What’s the impact on real estate?”
When Lao Wang heard about Southeast Asia, he thought of Mrs. John and asked quickly.
Erya analyzed: “Currently we don’t know the purpose of these hot funds, short or long, but with the current Southeast Asian economy, the bubble is very big, and it is too difficult to go long, so I guess it will be short.
Once shorted, the size of Southeast Asia's economy, with the power of leverage, cannot withstand the impact of massive international hot money. If the bubble bursts, it will quickly impact the real economy. As for real estate, an industry with a very high asset-liability ratio, it will inevitably
It is the hardest hit area."
When she said this, she saw that Wang Tiejun's face was not very good, and she quickly asked: "Old man, do you have any real estate investment in Southeast Asia? Then deal with it quickly. Hot money is gathering and the cost is very high. Once it is in place, it may be sold at any time.
, you can’t delay even a day.”
"It's not me, it's Mrs. John, the new owner of the Suns. She has a large amount of real estate investment in Thailand." Lao Wang said helplessly.
When Er Tou and Da Ya heard this, they looked at each other and shook their heads.
"Old man, it seems you are changing bosses again. Why don't you leave the Suns and come to play for the Warriors?" Erya said.
"Let me remind Mrs. John first." Lao Wang took out his mobile phone.
"Wait a minute."
Erya held Lao Wang down and calmly analyzed: "If your boss, Mrs. John, is still in Phoenix, it means that her information channels are limited and she did not get this information. The person who gave me this information has connections with Wall Street.
. Even if she rushes to Southeast Asia now, it will be too late."
"What should we do?"
Lao Wang scratched his head and said: "She is a local businessman in Phoenix, and her business is there. Her information channels may not be very good, and she doesn't know how she invested in real estate in Southeast Asia?"
"You hit her first and see how she reacts." Da Ya reminded her at this time.
Lao Wang nodded and dialed Mrs. John's phone number.
"Old K, I'm glad to receive your call."
"Mrs. John, now I have a piece of information that I think is very important to you, about Southeast Asia." Lao Wang said directly.
“About Southeast Asia?”
Mrs. John was a little confused and asked calmly: "Old K, I'm very grateful for your call. I wonder what the message is?"
Lao Wang immediately told Erya the information he had received. Mrs. John's face changed drastically, and within a few seconds, her forehead was covered with sweat.
If it is true, not only her, but her family will also be in big trouble.
"Mrs. John, although my sister's source of information is not from Wall Street, the person who provided this information is related to Wall Street, so it cannot be wrong," Lao Wang said.
"Old K, thank you so much! By the way, please thank your sister for me. I hope I have the opportunity to thank her in person." Mrs. John said tremblingly.
"Then what are you going to do?" Lao Wang asked.
Mrs. John was sweating profusely, but she forced herself to remain calm, and used her brain to think of a way to resolve the possible crisis.
She has invested 70% of the family's liquidity in the Thai real estate market, totaling more than 500 million U.S. dollars. She also borrowed 800 million U.S. dollars from Citibank. Now all her and her family's assets in Thailand have become unfinished.
Buildings and assets worth billions of dollars were converted into Thai currency assets.
If this news is true, the economic bubble in Southeast Asia will be burst and the economy will inevitably decline. As the Thai baht falls, her and her family's Thai assets will also shrink significantly.
What's more serious is that if her capital chain in Thailand breaks and real estate construction stops, Citibank is likely to immediately order her to repay the US$800 million loan. This will be a real big trouble.
Because she and her family's business is not only Thai real estate, but also has many bank loans for other businesses. Once there is a problem in Thailand, it will definitely affect the entire family's business. Other banks will demand repayment of the goods, and the family may have no choice but to go bankrupt.
.
For a moment, because the news was so sudden, she was at a loss and couldn't come up with an idea.
Lao Wang didn't hear Mrs. John's reply for a long time, and asked Erya in a low voice: "Second sister, I don't think Mrs. John can do anything. Didn't you just ask me to handle some real estate investment? Do you have any idea?"
Erya said: "Hedging, if you are sure there are funds to short the Southeast Asian economy, then sell short in the relevant financial markets to offset the possible crisis. This is what hedge funds do. There are also futures markets, which also hedge against the real market.
Derivative financial markets established based on risks.”
Lao Wang didn't understand either, so he could only repeat: "Mrs. John, my second sister said you can hedge risks."
"Hedge!"
Mrs. John only felt her eyes light up.
This is a good idea, that is, is this news really true?
However, she didn't dare to bet, because if it was true and she did nothing, given the current debt ratio of her and her family, bankruptcy would likely be waiting for her.
…
Phoenix, at five o'clock in the afternoon, Colangelo suddenly received a call from his old colleague, former Suns head coach and current Celtics general manager Danny Ainge.
"Hey, Brian, Kidd hasn't been sold yet?" Danny Ainge asked directly after the phone call came through.
"You want it?" Colangelo asked.
"Yes, we just exchanged it for Billups. Are you satisfied?" Danny Ainge said with a smile.
"Don't even think about it! A rookie who has never proven himself wants to trade for Kidd? Danny, show your sincerity." Colangelo said angrily.
Danny Ainge had no choice but to raise the stakes, but the chips he threw out didn't satisfy Colangelo Jr., which made it difficult to handle.
"Give me your first-round pick next year, plus Billups, and I'll give you Kidd." Colangelo Jr. gave his asking price.
"No, no, no, this is too expensive! It's too expensive!" Danny Ainge shook his head quickly.
"Do you really think it's expensive? Forget it." Colangelo smiled.
"Slow down, slow down..."
Hearing Colangelo Jr. about to hang up the phone, Danny Ainge could only shout helplessly and said: "Add a front-seven protection, and then you send Chapman out."
Colangelo Jr. made a good deal and agreed.
After the two parties reached an agreement, the relevant players were notified.
Kidd heard that he was going to the green team, and he readily accepted it. The green team did not have a second old K. He could completely control the organization of the team, instead of just being a point guard puppet like in the Suns.
As for Billups, he was very happy when he heard that his signing rights had been traded to the Suns. After all, they were the defending team and he would have a chance to compete for the championship in his rookie season. He felt that he was very lucky.
…
In the United States, on the night of July 1st and in the morning of Thailand on the 2nd, the financial situation suddenly changed, and a financial crisis spread across the world. It took the entire Southeast Asia twenty years to fully recover, and the financial crisis kicked off.
That night, Lao Wang and Fei Ge chatted for a long time, teasing his son Dabao to call him daddy on the phone.
Dabao is now nine months old. He can say a few simple words, such as mom, dad, grandpa, grandma, etc., but he can't speak other words.
The next day, July 2, early in the morning, he got up from the hotel bed, washed up, and went to have breakfast with Da Ya Er Ya.
“Thai baht plummets?”
At this time, Erya received follow-up information.
"Thai pig? Is there such a pig?" Lao Wang asked curiously.
Erya rolled her eyes at her brother and explained: "The baht is the currency of Thailand, not a pig."
"oh."
Lao Wang nodded and asked quickly: "Second sister, did you fall much?"
"The fall was quite severe, it was called an avalanche. The Thai Railway's exchange rate against the U.S. dollar fell by 17% in one day."
Erya was also very surprised and said: "I didn't expect such a big move yesterday. It seems that there is big trouble in Southeast Asia. This time it will definitely be big trouble."
Then she analyzed it seriously: "I don't know the specific situation, and I'm not a financial professional, but it fell so much in one day, which shows that the short sellers are very powerful and well prepared, while the bulls are unable to protect the market, and even have no response at all in the face of the Air Force.
If it shows any ability to protect the market, there is a high probability that there will still be significant fluctuations in the short term. Next, it depends on whether Thailand can stabilize the financial market in time. If it stabilizes, it can also preserve the real economy."
"What if it can't be done?" Lao Wang asked.
Erya said: "Then the problem will be huge. All industries will be affected, and industries such as real estate, which have a very large demand for funds and a very high debt ratio, will definitely be the hardest hit area, and people will jump off buildings."
"So serious?"
Lao Wang was stunned for a moment, not knowing whether Mrs. John had hedged or not.
Phoenix, Mrs. John is already sweating profusely.
"God bless me, let old K call me." She made a cross on her chest.
She finally chose to hedge the day before yesterday, but she never expected that the foreign exchange market would move so dramatically. This was no longer a fluctuation, but an avalanche, and a financial storm might be brewing.
Fortunately, she allocated a sum of funds in time the day before yesterday and short-sold the Thai currency in the foreign exchange market before the market closed. It was this operation that saved her and her family.
However, this operation could not completely solve the current problem. It only prevented her capital chain from being broken and bankruptcy. She judged that this time the matter was not trivial, and she and her family would still face heavy losses.
It would be the best outcome for her and her family to avoid bankruptcy this time. As for how much she would lose, she no longer considered this issue.
…
At this time, a charter flight from the capital arrived in Los Angeles, and 500 Chinese youths disembarked.
They wore the same black T-shirts from K Martial Arts School and the same suitcases, making them look very neat and majestic.
Wang Tielong, general manager of the main library, had already rushed over from Phoenix and was picked up at the airport together with Liu Changjiang, manager of the Los Angeles branch.
According to the plan, they divided this group of people into four and assigned them to the four branches.
At this time, 525 people from K Martial Arts School who were preparing to return to China were also preparing to board the plane at the San Francisco Airport, and the three Wang Tiejun siblings were also among them.
"Ding ding ding..."
Just when Lao Wang was about to turn off his cell phone, his cell phone suddenly rang.
"Hello, Mrs. John?"
After looking at the number, he quickly connected.
"Old K, thank you and your sister very much. You saved me and my family. Thank you very much." Mrs. John said sincerely.
"It's easy to say, Mrs. John, you are a VIP customer of the martial arts school, and I just provided you with a piece of information." Lao Wang said with a smile.
"But old K, there is a problem now. I'm really sorry." Mrs. John said.
"What's the problem?" Lao Wang asked.
"My family and I will suffer a lot this time, and I guess I won't be able to fulfill my promise to you. I'm really sorry." Mrs. John said apologetically.
"Suns?" Lao Wang frowned.
"Yes, if the situation in Southeast Asia continues to deteriorate, my family and I will suffer losses of more than one billion U.S. dollars or even greater. My situation will still be very difficult, and I may even choose to sell some family assets, including the Suns."
Mrs. John said.
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"Okay, I understand."
Lao Wang said helplessly, and then the two ended the phone call.
Although he was mentally prepared, he was still unwilling to give in. After all, he still couldn't defend his title with the Suns.
The next few years will be his peak period, and he cannot waste it on the Suns.
"Old man, what's the problem?" Daya and Erya had stopped long ago and asked.
"Second sister, even though Mrs. John has done the hedging, the loss will still be huge. She will not be able to invest heavily in the Suns." Lao Wang explained.
Erya nodded and analyzed: "Judging from yesterday's situation, there is a high probability that it will continue to fall sharply. She has no chance to deal with her Thai currency assets. No one dares to buy them. That asset may end up with nothing. She is
The real estate company over there is likely to go bankrupt directly.
However, she took a hedging step the day before yesterday, so she should have made a profit, avoiding a break in the capital chain. The bank will not freeze her assets, and it will not affect other industries. The possibility of bankruptcy is very small, but the loss will definitely be huge."
Lao Wang said: "She said she might have to sell some of her assets, maybe including the Suns, but not necessarily. But no matter what, she can no longer invest money to compete for the championship, and it doesn't make sense for me to stay in the Suns. Second eldest sister
Sister, I can’t go back now, I have to stay here and it will take a while before I can go home.”
"Are you leaving Phoenix?" Da Ya asked.
"Leave." Lao Wang nodded.
"If you leave, just leave. It's not like you're selling to the Suns. If you come to play with the Warriors, my eldest sister and I can watch a few more of your games." Erya said with a smile.
"warrior?"
Lao Wang thought for a while, the Warriors' lineup seemed to be good, but the record was not good, and the style was not suitable for him. They played the small ball tactics left by Nelson, so he would not come to the Warriors.
In this way, he sent away his two sisters and 525 martial arts brothers, but he stayed.
After leaving the airport, he discussed it with Hawksman and informed him of the current situation of the Suns. His agent also strongly recommended that he leave the Suns.
Lao Wang also knew that Hawksman had always wanted him to leave the Suns, preferably to the Lakers. He had never considered it before, hoping to complete a dynasty with the Suns, but now that the team is frequently having problems, he has to really
Consider leaving.
…
In the next two days, Thailand's currency market completely collapsed, and Kelly John also despaired of Thailand's real estate companies.
A few days ago, her real estate company was worth nearly 2 billion US dollars. Now, it is only worth 30%.
The key thing is that this is a Thai currency asset, and I can't sell it. I can only watch it plummet day by day, but I am helpless.
The consequence of the continued decline is that the capital chain is broken and the bank freezes her assets. The consequences are disastrous and bankruptcy is inevitable.
The only thing that can comfort her now is the operation she made a few days ago. As the Thai baht continues to plummet, the short order continues to make profits, allowing her capital chain to be maintained.
Next she needs to raise funds to pay off the $800 million in debt.
This way, she and other family businesses can be prevented from being affected.
Following her order, the family immediately began to dispose of a batch of assets.
She did not sell the Suns, because at this juncture, in order to leave some vitality to the family, she also needed a group of assets to maintain value. The Suns were just right, as the properties to be sold were all risky properties.
This news was immediately reported by local media in Phoenix.
Because of the Suns, this news was also reproduced by media in other places.