Chapter 565 The signs are becoming more obvious

Chapter 565 The signs are becoming more obvious

The planning department was very busy and submitted a lot of project names.

Names like "Penguin Happy Plaza" and "Penguin Star Dream World" were all rejected by Fan Wumian. However, he found the name "Penguin Tribe" interesting, but unfortunately it was not suitable for a high-end residential building.

After careful selection, he finally picked out "Penguin City Center Building" from the pile of names, and combined it with another flowery name to change it to "Antarctic Spiritual Realm Penguin City".

At first glance, the name sounds like a high-end real estate project.

Before the project was finalized, an architectural design company was already being asked to help plan it. Taking advantage of the news of the Morgan Center's transfer, Ma released several concept drawings.

As soon as the news came out, it attracted the attention of countless people, and the stock price rose by 5.7% in a single day. The reason was that the outside world believed that taking advantage of the popularity of the Olympics would help the Penguin Group increase its visibility and improve its revenue performance.

In addition, facing the siege of powerful enemies, Penguin Group was able to cope with it with ease and used a large amount of funds to build buildings in Yanjing, which also indirectly shows that its financial situation is quite good.

This was a result that Fan Wumian had not expected in advance. He was originally a little worried about being scolded for "not doing his job properly", but who knew that the shareholders would be so considerate of him.

If the stock price can be stabilized in the future, this surge alone is equivalent to making back the money spent on buying the land. We can only say that these investors are really good at finding investment opportunities through clues, and even though most of them cannot beat the dealer, they still enjoy doing it.

The same is true in the United States.

Signs of the subprime mortgage crisis have become increasingly obvious. The two Wall Street hedge funds invested by Fan Wumian have achieved extremely high returns of more than 27% and 31% respectively in the past month.

Due to the added leverage, investors have reaped huge rewards with just a small fluctuation. Recently, more and more investors have begun to pay attention to the Paulson Hedge Fund and the WM-Rogers Hedge Fund, which raised another $1.7 billion to $1.8 billion in more than ten trading days.

Smart investors have already sensed the crisis, but the vast majority are still immersed in the beautiful dream that "the United States is number one in the world and the bull market will continue to rise", and they believe that the US government is capable of dealing with the crisis.

When the real financial crisis suddenly comes, some people may be eager to rush in and buy at the bottom, becoming the favorite fat sheep in the eyes of the bookmakers.

It seems unreasonable that a senior civil servant in the United States can earn tens of millions of dollars through legal channels after working for a few years.

A group of wealthy businessmen gather around them, each of them is like a vulture, and will find ways to harvest the leeks when they are ripe.

Global funds like to flow into the U.S. stock market the most. The market makers behind the scenes reap the benefits during the stock market rally and then short sell when the stock market reaches a high point. Of course, their lives are extremely comfortable.

The so-called "free market" is just for fun. The Federal Reserve, the Park Palace, and the big dealers behind them are mostly in the same boat and work together to manipulate the U.S. stock market.

For example, recently.

Although Paulson Hedge Fund and WM-Rogers Hedge Fund are jumping around and are well-known to the outside world, in fact, the scale of funds they secretly short the subprime mortgage market, the US housing market and the stock market is much larger than that of Fan Wumian.

The dust has not settled yet, but Fan Wumian has already predicted that John Paulson and Jowon Rogers will most likely be pushed to the forefront and become the shields to take the blame.

This is also the main reason why Fan Wumian himself keeps a low profile and tries not to be too involved with these two hedge funds in public. He only says to the outside world, "I don't quite understand these things, and it was the company's investment manager who gave me the advice."

They are worried that becoming a shield will cause hostility from others, which will in turn affect their other interests in film and television entertainment, the Internet, and asset management.

This year's work is almost done.

With nothing to do, Fan Wumian continued to check relevant information about the U.S. stock market, the U.S. real estate market, and the subprime mortgage market.

He sat in front of the computer, drinking tea and looking through documents. Across the LCD screen was Zuo Ziyan, who was writing a report. Fan Wumian spoke as if talking to himself:
"It's amazing to think that the Federal Reserve is not controlled by the Kashiwa Palace and can independently formulate policies and issue dollars. Using interest rate hikes and cuts and the dollar as weapons, the group of people behind it are indirectly controlling the global economic order. It's hard to imagine how many giant crocodiles are hiding under the water."

"When it comes to betting on national destiny, I have full confidence in the mainland. If there is anyone who can completely dethrone the United States as the world's number one power, apart from Russia, which has the ability to nuke it, the only one left is the mainland. The economy here is too vibrant."

Zuo Ziyan joked:

"Yes, you have invested in so many big projects in succession, just like being starving and not having a full meal. Who can't see that you like to invest in the mainland? What report are you reading? How do you feel about it?"

Showing her the cover of the folder, Fan Wumian said:

"It's still a report on the recent state of the U.S. economy. It's different if you spend money. Many key data can't be found on the Internet. For example, the U.S. real estate and stock markets are still healthy, but this report from McKinsey Consulting mentioned that the default rate of lenders for home purchases has increased significantly in the past two years. Many people have been affected by the interest rate hike and have begun to stop paying their mortgages."

Zuo Ziyan nodded and said:

"I have checked the relevant information for you before. Many homebuyers want to make money. Their personal credit ratings are not very good. They dare to borrow money from banks at a high interest rate of 8% to 9% per year. It seems that there are also women dancing in clubs who buy three or four houses at a time."

He wanted to make a joke that the kind of dance that strips while dancing is very profitable, but in order to maintain the image of a gentleman in front of Zuo Ziyan, he swallowed the words back and said instead:
"They have had such a good life for so long, it's time for them to bleed a little and have a taste of what it's like to live in the third world. My two hedge fund companies should be very promising, but my own private equity and public equity funds need to think of ways to avoid the impact of the financial crisis as much as possible."

Zuo Ziyan continued to say to him:

"It's still unclear when a new financial crisis will break out. It's too early to think about this now. How much money have you raised for your Gangcheng Bandit King Fund?"

The procedures for opening a fund company in Hong Kong are simple and fast. Fan Wumian replied:

"The first batch plans to raise HK$10 billion, and the subscription amount has been exceeded. Andy Lau is currently filming the movie "Wushuang" in Canada, and he has also specially put out HK$2000 million to support me. There are also some companies and wealthy businessmen in Southeast Asia and the mainland who seem to recognize my vision and luck."

"Master Li, who does feng shui for people, actually helped me attract a few big clients. He spread the word that I was blessed with good fortune and that I had a lot of money. I paid him a lot of consulting fees in vain."

"The framework of the port city has just been built, and the mainland side is only in its infancy. We need to expand slowly and steadily."

Zuo Ziyan asked again:

"Hong Kong media reported that you quietly set up a family trust fund? Could it be that you have an illegitimate child with some wild woman? Why didn't you tell me?"

"."

Fan Wumian didn't know whether to laugh or cry, and explained the key points:
"I don't have anyone else. I have always said that I am single, and my fans have begun to suspect that I like men. It is only to facilitate business and comply with mainland regulations that I set up this family trust fund and put some mainland fund company shares into it so that I can continue to acquire and expand."

Although some assets are placed under the name of a family trust, they actually still belong to Fan Wumian and are not nominally counted as part of his personal wealth.

When his wealth reaches a certain size, he will continue to "donate" his assets in order to keep his personal wealth at a relatively reasonable number.

Just like Li Chaoren, he is both high-profile and low-profile. Now he seems to have secretly hidden tens of billions of Hong Kong dollars. (End of this chapter)