Chapter 347 The Eve of the Storm
The main trunk is not only targeting Qin Piduo in this Asian financial crisis. Among them, countries such as Indonesia, the Philippines, Malaysia, Myanmar, South Korea, Japan will be his hunting targets.
2 The era of the 2nd outbreak began, South Korea, Singapore, Taiwan, and Hong Kong in Asia implemented an export-oriented strategy, focusing on the labor-intensive processing industry, and achieving economic takeoff in a short period of time. The so-called "East Asian model" attracted the attention of the whole world, and they are therefore called the "Four Asian Little Dragons"
The success of the four Asian dragons has led other Southeast Asian countries to promote this model. Among them, Thailand, Malaysia, Indonesia and the Philippines have achieved the most outstanding results. This is known as the "Four Asian Tigers".
In Yang Guohua's memory of the integration, "Which year was the worst year of the financial crisis, its impact and destructive power were even better than that of Qingnian's global stock market crash. Under Yang Guohua's instruction, Xintiandi Fund began to build positions one after another to buy Hong Kong dollars in the foreign exchange market.
The Hong Kong dollar was sold in the Hong Kong foreign exchange market. Speculators all know that China and Hong Kong authorities must come out to defend the Hong Kong dollar, because China and Hong Kong have repeatedly expressed their determination to defend the linked exchange rate system between the Hong Kong dollar and the US dollar, that is, the fixed exchange rate between the Hong Kong dollar and the US dollar is maintained at the level of Ma Hong Kong dollar and the US dollar. Once the Hong Kong dollar is sold, the Hong Kong Monetary Authority either sells the US dollar to buy the Hong Kong dollar to support the Hong Kong dollar, or raises the interest rate of the Hong Kong dollar. This can not only increase the cost of speculators borrowing Hong Kong dollars, but also increase the market demand for the Hong Kong dollar, and there is no need to use valuable foreign exchange reserves.
Xintiandi Fund continues to build positions and earn Hong Kong dollars in order to surround Soros and other international hot money in Hong Kong, strangle the land of three-point land. If this battle is successful, Yang Guohua's strength will be greatly improved.
Although the actions of Xintiandi Fund in Hong Kong were secretly taken, they were still noticed by the Hong Kong Monetary Authority. Because these funds were too dispersed, it was impossible for them to find out Xintiandi Fund in a short period of time.
Hong Kong Monetary Authority Secretary Ren Gang also came to Yang Guohua for this matter.
Of course, Yang Guohua could not admit that he did it. After all, if poison is heard, Soros's shrewdness would never have wade into this muddy water.
If Soros didn't come to Hong Kong to make money, wouldn't Yang Guohua's "Slaying Shark Operation" arranged by him carefully have no place to use it? He would never allow others to destroy his plan.
Bangkok, Thailand.
Su Nuanyan is directing the team to sell the Tai Tiao in his hands in large quantities.
From last year to now, Huamei Venture Capital has borrowed monthly forward Thai sock contracts of up to US$100 million from financial institutions such as Thailand. It is more than twice as high as Soros's slab.
Of course, there are some unknown black transactions in it, otherwise Huamei Venture Capital would not have borrowed more than a dozen huge Thai contracts from these financial institutions.
Parkson Investment Company is also borrowing a forward contract of $100 million.
In early February, international investment institutions began to sell Taizheng in large quantities. Due to the large-scale selling of the cash exchange market, the Taizhou exchange rate changed significantly, causing turmoil in the financial market.
On the 2nd of tomorrow, Huamei Venture Capital, Parkson Investment Company, Quantum Fund and other investment machines will establish spot and forward foreign exchange trading positions through foreign banks with offshore business.
Starting the next day, investment institutions such as Huamei Venture Capital Company borrowed Taizheng from local Thai banks and shorted Taisha socks in the spot and forward markets, causing a sharp drop in the spot exchange rate of Taisha.
Yang Guohua once studied Soros' investment method. Compared with other financial tycoons, Soros values the character of his partners more. He believes that financial speculation requires taking great risks, while immoral people are unwilling to take risks. Such people are not suitable for engaging in responsible and enterprising high-risk speculation careers. Anyone who engages in risky business but cannot face consequences is not a good player. In his team, investment styles can be completely different, but character must be reliable. It is not important to judge right or wrong. What is important is how much profit you get when you are right and how much you lose when you are wrong. When you have the opportunity to make a profit, don't cringe. When you are sure of a transaction, give the other party a fatal blow, that is, it is not enough to do it right, and you should get as much as possible.
At the same time, he also realized that if you operate too much, even if you make the market right, you will still fail. Acknowledging mistakes is something to be proud of. If I can admit mistakes, I will forgive others for making mistakes. This is the basis for me to work harmoniously with others. There is nothing to be ashamed of making mistakes. Only when you know the mistakes and do not correct them is a shame. When you have the opportunity to expand, don't cringe forward. If you make huge profits from the beginning, you should continue to expand. People's understanding of things is not complete, and this affects the integrity of things themselves, and come up with a view that is contrary to popular views. Popular prejudice and dominant trends strengthen each other until the distance between the two is so large that it will cause a major disaster. This is what you should pay special attention to. It is also at this time that it is very likely to have a sharp rise and fall. Never take a single gamble.
Know your opponent and yourself, and you will never be defeated in a hundred battles!
Yang Guohua never underestimates any opponent. Soros is not a false reputation when he can be in the financial market.
George Soros was born in Budapest, Hungary. In 1999, he moved to the UK and graduated from the London School of Economics. In 1999, he went to the United States and accumulated a large amount of property through the international investment funds he established and managed.
Soros established his first foundation, the Open Society Fund, in New York. He established the first Eastern European Foundation in Hungary and, in the second year, the Soros Foundation of the Soviet Union. Now he funded the foundation network, which operates in countries that operate throughout Central and Eastern Europe, the former Soviet Union and Central Eurasia, as well as South Africa, Haiti, Guatemala and the United States. These foundations are committed to building and maintaining the infrastructure and public facilities of open societies.
Soros has received an honorary doctorate from the New School of Social Studies, Oxford University, Budapest University of Economics and Yale University.
!Bar Bolunya University receives the highest honor to Soros in recognition of his efforts to promote open societies around the world
The chairman of the Soros Soros Fund’s board of directors, the Private Investment Management Office confirmed it as an advisor to the Quantum Fund Group. Quantum Fund is the oldest and largest fund within the Quantum Group. It is generally believed that it has the best performance in its history in any investment fund around the world.
Soros takes "reflection theory" and "big ups and downs theory" as the theoretical basis, enters and exits at the turning point of the market, and uses the "herd effect" to actively market the market to actively talk about the market. The market investment is focused on the market. His core investment theory is "reflection theory". Simply put, it refers to an interactive influence between investors and the market. The theoretical basis is that it is impossible for people to correctly understand the world. Investors all enter the market with "bias" and "bias" is the key to understanding the dynamics of the financial market. When "popular biases are only niches, the influence is still high, but the prejudices of different investors produce group influence in interaction, and will evolve into a dominant concept. It is the "herd effect".
Investing huge amounts of capital in the market that is about to "rise" can lure investors to buy frenzy, thereby further driving the market price to rise until the price goes crazy. When the market is about to collapse, take the lead in selling and short selling. Because the market is already at its peak, it is fragile and vulnerable, any turbulence can cause panic selling and further aggravate the decline. Until the collapse, you can earn speculative price difference in the turning point of the rise and fall. There are no strict principles or rules to follow, and only implement the "Forest Law" that wins in one fell swoop based on intuition and offensive strategies.
In order to attract Soros, the old fox, to take the bait, Yang Guohua made a lot of money. He instructed Su Yuanting to lend Soros a short-term loan of USD to Soros. This part of the funds was charged very low interest. Originally, Yang Guohua was considering whether to give Soros interest, but thinking that this would arouse Soros' suspicion, he dispelled this idea.
At 8 o'clock in the evening, Yang Guohua came to attend the family banquet held by the Li family at the invitation of Li Jiacheng.
At the banquet, Li Jiacheng introduced members of the Li family to Yang Guohua.
After the family dinner ended, Li Jiacheng asked Yang Guohua: "Guohua, what do you think of the recent fluctuations caused by Thailand's foreign exchange market?
Yang Guohua smiled and said, "Uncle Li, you are a senior in the business world, I won't show off in front of you.
Li Jiacheng tasted a sip of tea and said, "It's okay, come and listen."
Seeing that Li Jiacheng insisted on expressing his opinion, Yang Guohua stopped pretending.
"Uncle Li, since the age, Thailand has introduced a series of financial reform measures in order to attract foreign investment. In April of the year of worry, it officially accepted the relevant obligations of the International Monetary Fund Agreement and canceled the restrictions on international payments for current account. The old year of introduction began to reduce foreign exchange restrictions on capital account transactions. In the leisure year, it was opened to foreign capital, allowing domestic investors to directly obtain low-interest foreign funds through banks, which immediately aroused people's appetite for borrowing low-interest funds without any reservation. The old year of the year has entered again and again.
This party has further restrictions, such as relaxing the foreign currency limits that can be carried when entering and leaving the country; allowing foreign banks with Thai offshore bank licenses to set up branches in various cities in Thailand, etc. However, while implementing financial liberalization, it has failed to improve the financial management system and lacks effective financial supervision. Inadvertently, the channels for foreign exchange speculation have increased, and the door openings have been opened, which has exacerbated the impact of speculators on Thailand's financial stability. Do you think those international speculators have missed this opportunity?"
Li Jiacheng is not an investor. He focuses on industrial exhibitions, so he is not interested in speculating in the stock market. What he is worried about is nothing more than Hong Kong's stability.
The foundation of the Li family is in Hong Kong. Although they have invested in the mainland in recent years, Hong Kong's foundation cannot be lost. Once the foundation here is severely devastatingly suppressed, it will be a disaster for the Li family. Can the Li family, which has lost its foundation, still be able to have enough concubines in Hong Kong?
"Guohua, in your opinion, will these international speculative institutions point their finger at Hong Kong?" Li Jiacheng asked with some concern.
Yang Guohua replied in a very affirmative tone: "This is unquestionable! Soros and others will definitely not miss this opportunity. In the eyes of these speculative young people, whether it is Thailand or Hong Kong, while implementing financial liberalization, it has failed to improve the financial management system and lacks effective financial supervision. Therefore, in the future, Hong Kong will be one of the targets of speculative tycoons such as Soros.
Li Jiacheng frowned and said, "It seems that this war is inevitable."
"Guohua, if we compete with these international speculative institutions, do you think we are sure to win?"
Yang Guohua said: "Uncle Li, hasn't the central government expressed its determination? Hong Kong has the support of the country, and is still afraid that it will not win this battle?"
"Guohua, tell me honestly. If we can't support it, will the country take action?" Yang Guohua nodded and said, "Please rest assured about this. The country will never watch Hong Kong fall into an economic collapse as soon as it returns. I believe that the central government will send people to negotiate with the Hong Kong government soon."
Li Jiacheng breathed a sigh of relief after getting the answer.
With the support of the central government, Hong Kong will resist this war without gunpowder.
"Uncle Li, are you planning to join hands with local businessmen in Hong Kong to defend Hong Kong?"
Li Jiacheng said strongly: "If Hong Kong falls, it will be a disaster for our Hong Kong businessmen. We will never let those speculators succeed.
Yang Guohua admired Li Jiacheng's courage. You must know that once Hong Kong falls, the Li family will suffer a devastating blow, which is equivalent to betting on the future of the Li family.
History has also proved that Li Jiacheng was right this time. The Chinese government, Hong Kong government, and Hong Kong businessmen jointly resisted the attacks of international hot money, and finally blocked the international hot money made by Soros outside the gateway to Hong Kong. He successfully defended the local interests of Hong Kong.
In Yang Guohua's view, Soros and others' real target is not the Hong Kong dollar, but the stock market spot and futures. The selling of the Hong Kong dollar has a negative impact on the Hong Kong financial market, interest rates soar and stock markets plummeted! When interest rates fall, the stock market soars.
Sell the Hang Seng Futures Index on the futures flat market.
The trading volume of Hong Kong Hang Seng Futures Index is quite large, and buying and selling is easy. Selling the Hang Seng Futures Index in large quantities will put great pressure on the futures index to decline. In addition, interest rates soar, the Hang Seng Index and Futures Index will fall sharply. This is the logical inference of speculators. What needs to be pointed out here is the relationship between the spot market and the futures market. There is an almost unchanging relationship between the two, that is, the futures price falls and the spot price also falls. Therefore, speculators make profits from the stock market spot and futures by sniping the Hong Kong dollar.
Soros's method of striking the world is impossible to hide from him.
Chapter completed!