Chapter 987 He...seems a little different
Before coming to the exchange meeting, Hu Qiuyu saw the latest tweet from Alex, the president of Lei Shi Financial Securities.
He estimates that the Korean stock market can reach at least 22000 points!
That is why Hu Qiuyu is so sure about the direction of South Korea’s stock market next year.
He thought to himself, 'This guy knows nothing, yet he dares to refute me. The bigwigs on Wall Street are on my side!!!'
Hu Qiuyu relaxed and continued to ask, "Okay, Mr. Qin, since you said that, I won't rush to refute you. Let's put aside whether the Korean stock market will reach 20000 points next year. Please tell me about Daqin International's project first. Daqin International's project in Korea will take another 3 to 5 years to complete. What's wrong with this? How many years do you think the project will take? 10 years? 20 years?"
Hu Qiuyu's words caused everyone at the scene to laugh.
As we all know, with the current level of infrastructure.
It usually only takes three years to build a building.
3 to 5 years is actually a very ample time frame.
Qin Chuan had a calm expression and said in a relaxed tone, "It will only take two years for Daqin International's project to be completed."
When Lu Jing heard Qin Chuan's answer, she shook her head helplessly.
Can't Mr. Qin use his brain and answer the question?
In general, answer questions like these.
To be on the safe side, we tend to over-guess.
After all, the longer the time, the greater the chance.
When explaining it, it can be said that weather factors and international situation factors were taken into consideration.
However, Qin Chuan's answer was to shorten the construction period.
It is difficult to come up with a convincing reason to explain this.
Similarly, other people at the scene also showed sarcasm at Qin Chuan's answer.
Hu Qiuyu saw an opportunity and wanted to start asking difficult questions.
But what he didn't expect was that before he could open his mouth.
Qin Chuan began to explain himself.
"90% of Daqin International's projects in South Korea are not started from scratch. Most of its projects are old projects that were taken over from South Korea, and they are renovated or dismantled and rebuilt based on the original facilities and equipment. Therefore, we cannot use the engineering algorithm of building a tall building from flat ground to calculate its construction period. Another point is that after the Chinese New Year, the overall project progress of Daqin International will get a qualitative leap, and their construction quality and speed will increase by at least 3 to 5 times!"
Qin Chuan's confident words left those who were waiting to laugh at him speechless for a moment.
Because everyone only knows that Daqin International has state-owned projects in South Korea.
However, we do not know what projects Daqin International has and what specific stage it is at.
Daqin International is not a listed company and has no obligation to disclose its business practices to the world.
The people at the scene obtained information related to Daqin International either by searching on the Internet.
Or they could be clues obtained from official documents of South Korea.
But, 10 out of 9 news on the Internet are fake.
According to official news from South Korea, in order to cover up the poor quality of its own infrastructure and equipment, domestic companies went bankrupt due to low operating efficiency, resulting in the change of ownership of the project.
Therefore, they have always kept a low profile on Daqin International's projects.
Never publicize it, never show it openly to avoid embarrassment.
This also makes it impossible for ordinary people to know what kind of projects Daqin International is operating in South Korea.
Qin Chuan was able to answer the question so clearly without any preparation.
Regardless of whether the news is true or not, Qin Chuan's calmness and composure in answering the question just now, as well as his demeanor and aura, show that he has something going on.
Moreover, the angle of Qin Chuan's answers was unique and unimaginable to ordinary people.
Even Lu Jing, who was standing behind Su Xiaoyan, was shocked.
She never expected that this second-generation rich boy, this dandy boy who only relied on his grandfather, mother and girlfriend, would actually say such a thing.
Obviously he has done in-depth research on Daqin International!
Seeing the direction of the situation at the scene, Qin Chuan's words changed it a little.
Veins popped out on Hu Qiuyu's forehead.
He adjusted his breathing and said, "You...your information has yet to be verified, so let's not discuss the authenticity of it. Tell me, why is it wrong for Daqin International to issue long-term bonds?"
Qin Chuan shrugged and said with a smile.
"Because, as I said before, the Korean stock market will not reach 20000 points, it will fall to 1000 points. This huge gap of 19000 points will cause a huge collapse of the Korean economy. At this time, Daqin International will issue bonds to raise Korean currency. What is the difference between that and raising a pile of waste paper? The Korean country will not last long, and will abandon its own currency and switch to the currency of other countries."
As soon as these words were spoken, it was like a bolt of thunder.
Qin Chuan's words were too outrageous, too alarmist, and too unbelievable!
"The booming Korean economy is going to collapse, and the Korean currency will become a pile of waste paper. How is this possible?"
"Not to mention that Korea has Daqin International's 2 trillion US dollars investment, Saudi Arabia, Iran and Great Britain also have funds in Korea. If the situation you described really happens, won't their funds be wiped out?!"
"It would take a big event to cause the Korean economy to collapse!"
Everyone couldn't help but refute Qin Chuan.
Seeing this, Jin Dai couldn't contain his joy.
There's no point in asking these questions, students.
People are just talking nonsense. If you want to ask them back, you have to ask more explosive questions!
Jin Dai smiled and said, "Haha, Qin. If the Korean country is really like what you said, their economy has collapsed. The currency has depreciated into a pile of waste paper, and they have abandoned their own currency. Then what currency will the Korean country use? Will it use the US dollar?"
Qin Chuan shook his head and didn't let anyone guess.
Give a standard answer directly.
"Koreans will fully adopt Chinese currency."
As soon as these words were spoken, there were gasps of shock from the audience.
Jin Dai followed up with another attack, "Abandoning the national currency and using the Chinese currency, what does this mean? It's like handing over the fate of the entire country to China! How is this possible!"
Qin Chuan said coldly, "How is it impossible? Looking at the entire history of the Korean country, they have only been separated from China for about 100 years. In the rest of the time, they have always been a vassal state of China. How come, after being dogs for the United States for decades, they have forgotten history? Forgot their original identity?"
After Qin Chuan finished speaking, the voices of rebuttal at the scene just now turned into voices of reflection.
"Ah... this... what classmate Qin said... seems to make some sense..."
"If we extend the timeline and look at the entire historical process, Korea has always been a vassal state of China."
"It's only in recent decades that the situation has changed..."
