novelaction Chapter 150: Compatriots seeking help: Bankruptcy crisis caused by the oil crisis
Chapter 150: Compatriots seeking help: Bankruptcy crisis caused by the oil crisis
"Hey, I thought it was something else. I also come from a family of the five black categories."
Lin Kaifeng said with a smile: "Don't be nervous, I'm not a man-eating tiger."
"I don't have any prejudice against your classmate. Tell me specifically, what does your classmate want from me?"
Bai Ru took a deep breath and started from the beginning.
The classmate Bai Ru mentioned is named Wang Lei.
The two were not only junior high school classmates, but also neighbors living together.
Wang Lei has an uncle who joined the bandit army during the war years.
After the defeat, he retreated overseas with the bandit army.
Because of this relationship, Wang Lei's family suffered a lot.
When Wang Lei was ten years old, his father died in an accident.
Within two years, my mother also passed away due to illness from overwork.
In his second year of junior high school, a staff member from the foreign affairs department found Wang Lei.
A few days later, Wang Lei disappeared mysteriously.
Since then, Bai Ru never saw Wang Lei again.
No one knows why Wang Lei disappeared.
This morning, Bai Ru saw a young man at the Canton Fair.
The other person's facial features are very similar to those of my old classmate Wang Lei.
Bai Ru tried to go up and talk to the other person, but unexpectedly the other person recognized Bai Ru first.
This person is indeed Wang Lei.
Wang Lei did not disappear, but was picked up by his uncle.
Uncle Wang Lei fled the mainland and went to the United States, where he eventually became a U.S. citizen.
In 72, the President of the United States visited Dragon Country, and the people-to-people exchanges between the two countries began to become frequent.
Wang Lei's uncle returned to China to visit relatives the following year and learned that his younger brother and sister-in-law had passed away.
Only Wang Lei was left as a child.
With the help of a series of connections, Wang Lei's uncle brought Wang Lei abroad.
After arriving in the United States, Wang Lei entered a local high school under the arrangement of his uncle.
Then he was successfully admitted to university.
The year after graduating from university, Wang Lei’s uncle Wang Tianci decided to go to Gangzhou to invest and build a factory.
Moved to Gangcheng with Wang Lei for development.
At that time, the overall economic development of the port city was unprecedentedly prosperous.
In addition to electronic products, the clothing manufacturing industry has become one of the important lifelines of the port city's economy.
Wang Tianci happened to be doing clothing business in the United States.
Seizing the opportunity, he acquired a medium-sized garment factory in Gangcheng.
Invest a large amount of money to expand the production line, transforming the garment factory from a medium-sized one into a large factory.
In the first three years, the garment factory business was smooth sailing and made huge profits every year.
As his wealth grew, Wang Tianci's ambition also soared.
No longer content with developing industries step by step, they have begun to focus on the stock and futures markets, just like the local wealthy people in Hong Kong.
Hearing the words "stock futures", Lin Kaifeng said playfully, "If I'm not mistaken, Wang Tianci must be investing in oil."
"How did you know?"
Bai Ru was shocked.
Lin Kaifeng smiled faintly and said, "Not only do I know that Wang Tianci invested in oil futures, I also guessed that he lost all his money in futures trading. Wang Tianci
"General Manager, you are amazing. You can even guess this."
Bai Ru nodded repeatedly in shock and looked at Lin Kaifeng with admiration.
Could it be that Lin Kaifeng has learned fortune-telling?
How come you know everything.
"You are right. Wang Lei's uncle did lose a lot of money."
"I lost almost all the profits I had made from the garment factory and my family's savings."
Bai Ru continued speaking.
Wang Tianci was devastated and fell ill.
Wang Lei, who had just graduated from university a few years ago, gritted his teeth and took on the responsibility of managing a garment factory.
Became the general manager of the factory.
Wang Lei attended the Autumn Canton Fair in order to purchase some cheap raw materials.
Save production costs as much as possible.
As luck would have it, Wang Lei ran into Bai Ru, a junior high school classmate he hadn't seen for many years.
Through the conversation with Bai Ru, Wang Lei accidentally learned that Lin Kaifeng knew the British aristocratic businessman Andrew.
"General Manager, look at this matter..."
At this moment, Bai Ru was as conflicted as she could be.
When she was a child, Bai Ru was more playful than other boys. Once, she went to the river to play in the water with her friends and accidentally fell into the river.
If Wang Lei hadn't rescued her, Bai Ru would probably have died.
Since then, Bai Ru and Wang Lei became good friends who could talk about anything.
Even though they haven't seen each other for many years, Wang Lei still regards Bai Ru as a close friend.
Wang Lei wanted to meet Lin Kaifeng in the hope of getting help from Lin Kaifeng's connections.
Contact Andrew through Lin Kaifeng's relationship.
Andrew helped the Wang family borrow some working capital.
"I'll go in and explain a few things, and then you can take me to see Wang Lei."
"General Manager, are you willing to help?"
Bai Ru said excitedly.
"We'll decide whether to help or not when we get there. I really want to meet this Wang Lei."
Lin Kaifeng left Bai Ru outside and walked back to the guesthouse.
The reason why I guessed that Wang Tianci invested in oil futures is directly related to the current international environment.
The port city is the world's largest trading city, with stock and futures trading booming unprecedentedly.
Most of the wealthy people in Hong Kong have a hobby of investing in stocks and futures.
Before this year, investing in oil futures had become a profitable business with no losses.
Who would have thought that in just one year, the oil market would undergo tremendous changes.
In February this year, a far-reaching transition of power occurred in Persia, one of the world's largest oil producers.
The old king, who was extremely pro-Western, was ousted.
The new rulers have extreme hatred towards the United States and the West.
At the beginning of its coming to power, Persia launched a series of attacks and provocations against the United States.
In addition to repeatedly slapping the United States in the face, Persia has also shown its ferocious side towards its neighboring countries.
A series of actions have led to the impact on global oil prices.
Global oil prices began to soar continuously.
This is why the transaction of mechanical products at the Spring Canton Fair has reached its lowest point in history.
Lin Kaifeng vaguely remembered it.
At the beginning of this year, a barrel of oil cost more than a dozen US dollars.
By the middle of next year, oil prices had tripled.
The impact of the oil crisis is far-reaching.
A large number of investors went bankrupt and countless manufacturing companies were paralyzed.
What else could it be other than oil that could cause the rich and powerful to suffer horrible losses in futures trading?
At seven o'clock in the evening, Lin Kaifeng and Bai Ru arrived at a local foreign-related hotel.
In a suite on the fifth floor, Lin Kaifeng saw Wang Lei.
Wang Lei and Bai Ru are of similar age. They are wearing neat suits and their hair is combed meticulously, which is standard business attire.
pity.
No matter how expensive the suit is, it cannot hide Wang Lei's youthfulness and immaturity.
"Mr. Lin, no no no, Comrade Lin, I..."
"You don't have to be so reserved. Just call me Mr. Lin. Bai Ru has already given me a general idea of why you want to see me. I would like to ask, how much money did your uncle lose in his investment in oil futures?"
As soon as these words came out, Wang Lei let out a bitter sigh and raised four fingers.
"Four hundred million Hong Kong dollars."
"Oh my god! There are so many..."
Bai Ru covered her mouth in surprise.