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Chapter 374: Beware

After hanging up Joros' phone call, Zhou Ming was completely awake at this time. He turned the TV louder and thoughtful as he watched the special news on the pound that was temporarily broadcast on Wall Street Financial Channel.

Zhou Ming carefully searched his memory. To be honest, he no longer remembers the specific details of the Bank of England incident in 1992 in history. He didn't know whether Britain resisted so resolutely in his previous life, but he just gave up. After all, he didn't come back with the Rebirth Manual, so it was impossible for him to remember everything clearly. And compared with the Southeast Asian financial crisis, the pound crisis is indeed less famous.

Although he has changed a lot of things and even affected many things in Europe, it is difficult to say whether it is the best opportunity in the pound. & novel nbsp; Perhaps Joros believes that the time for the pound to depreciate is ripe, but others will not think so, otherwise the Morgan consortium will not choose to wait and see.

Morgan's attitude naturally affected the judgment of other speculators. He could allow Tangren Bank to invest forcibly promote the beginning of pound speculation, but he could not change the attitude of others. Speculation only brings up a trend and wait until other speculators follow up to make the situation irreversible. But now others are obviously hesitating, and they must use facts to prove the weakness of the UK.

Thinking of this, Zhou Ming picked up the phone again and called the Gangcheng phone, which was called Tong Gang.

After all, Tong Gang and Li Cheng were the world's ship king and the future richest Chinese, so naturally it was impossible for them to stay in San Francisco. Therefore, when Zhou Ming went to Itley, they all returned to Port City.

When Tong Gang received a call from Zhou Ming, he seemed very surprised: "Based on the jet difference, it should be the night in the United States now, right? I didn't expect that Zhou Ming, you would call me at this time. I know that you have made a big move now, and they have all made the exchange rate of the pound a mess. Is it the British bank's countermeasure that you are making a headache?"

"I can't hide anything from Chairman Tong." Zhou Ming said straightforwardly, "I think Chairman Tong should have also paid attention to the news and knows that the Bank of England is maintaining the exchange rate of the pound through buying. Therefore, if we want to continue to depreciate the pound, we must increase the intensity of selling the pound. But the problem is that we don't have enough pounds in our hands now, so I hope Chairman Tong can lend me some."

"So that's it." Tong Gang muttered and then asked very seriously, "Have you called Li Cheng?"

Zhou Ming felt a little confused about this question, and answered no. Tong Gang then said: "You guy is a little conscientious. You know you call me first, otherwise I will be really angry! We are partners, and we should have participated in it. What is this loan? Even if we invest, we can help you sell it directly in Hong Kong City."

Zhou Ming then realized that Tong Gang was thinking this way. He really didn't expect that he would actually make such jokes deliberately.

"Actually, this is OK. As long as the final result is a sell-off, it will be fine." Zhou Ming said, "But I'm curious how many pounds have you prepared for Chairman Tong?"

"Not much, it's only 2 billion." Tong Gang replied.

This number was beyond Zhou Ming's expectations. Because everyone had a good relationship, Zhou Ming knew very well that there was only so much capital flow that Tong Gang and Li Cheng could use for investment. After all, assets and funds that could be taken out are completely different concepts. I think this was when Tong Gang and Li Cheng reminded them that they wanted to make pounds before, and they had already started to prepare in case of emergency.

"I didn't expect that Chairman Tong, you and Brother Cheng were so kind to me." Zhou Ming said moved.

Tong Gang naturally waved his hand and said, "Brother Zhou Ming, do you know that our voice is not a casual shout, and you have never forgotten us in any way. If we can't help even though we know you may need help, that would be too inferior! Don't thank us, because if you can't even do this, you don't deserve to be called a partner, right?"

Zhou Ming smiled and said, "Indeed, although I believe that so much money is your limit, I still have a reluctance to ask. I hope you can help me borrow money from Hong Kong City Bank or sell some bonds for us. The only requirement is to pay pounds."

Zhou Ming's request did not surprise Tong Gang. He said to Zhou Ming: "It seems that brother Zhou Ming, you are planning to fight the British Bank to the end. It's just that the British Bank has the British treasury behind it. As far as I know, they have at least $15 billion in foreign exchange reserves to be used. At the same time, they just borrowed a large amount of money from the International Monetary Fund. Are you sure you still want to do this?"

"Since it has begun, why not continue?" Zhou Ming said, "Please believe me, as I told you before, the UK is just bluffing now, and they are simply unable to continue to bear such a strong pound, so the pound will inevitably depreciate in the end."

Tong Gang thought about it and replied: "I understand. I will do my best to help Zhou Ming, you mobilize all the funds that Hong Kong City can do."

"Thank you very much." Zhou Ming said.

...

In the end, the pound exchange rate was maintained by the Bank of England's firmly investing $500 million in foreign exchange, and it even rose by three thousandths compared to yesterday.

Earl of Mountbatten was quite satisfied with this result. After all, the Bank of England spent money to save the market and was responsible for the exchange rate and its own currency. Therefore, it was impossible to sell it desperately like other hedge funds. It was already very good to have three-thousandths of the result, at least it was a positive start. As long as the media led the pace, it would be easy to make the pound exchange rate rise again.

But this was the case, but the Earl of Mountbatten did not relax. After the US transaction was over, he picked up his phone and dialed the number of Chancellor Philip.

"Mr. Philip, first of all, I'm sorry, I hope I didn't disturb your dinner. Just ten minutes ago, the forex trading window in the United States was closed, and the pound was still in the place we wanted him to stay. I think this is a victory for you and Great Britain. I'd like to have a good wine with you for this, but I think it's not the time for us to relax."

Mountbatten continued: "Because our opponents are cunning, we cannot expect them to retreat in a victory. We should be prepared for them to make a comeback. As far as I know, just not long ago, Tangren Bank gave them a $30 billion investment. I think this money needs to be wary of. The peace now is just that their money is still on the way to Europe."

As the Chancellor of the Exchequer, Philip quickly understood what Mountbatten meant, and he asked: "Earl, do you want us to cause some trouble for the transfer of funds from them to and from Britain?"

"Hey! I think Mr. Philip is wrong. We didn't say we wanted to cause trouble for them, but their speculation itself has endangered the financial security of Great Britain, right?" Mountbatten continued, "and more importantly, it is far from enough if we just keep them outside of Great Britain. It should be the key to keeping their villain's money away from the entire Europa continent!"

"I think in the end, the Earl of Mountbatten and I still thought of it," Philip said. "Just this morning, before I attended that damn press conference, I had issued an order to the European banks through the European Financial Council to strictly review every bulk transaction. I believe that within a week, their funds will not appear in the European financial markets."

Mountbatten was truly relieved because he knew very well that as long as the subsequent funds of the Quantum Fund could not enter Europe, they would not be able to continue selling the pound.

Of course, the United States also has a foreign exchange market, and quantum funds can also sell in the United States, but the pound circulating in the US market is limited after all, so the impact on the pound exchange rate is relatively limited. Therefore, after losing further actions in the European market, selling in the US market alone is meaningless. As long as a clear-headed investor, he will not make such a stupid choice.

This thought made Mountbatten smile happily: "Phillip is indeed a very reassuring Chancellor of the Exchequer, and your approach is very trustworthy."

May 3 is the last trading day of this week, so after this day, Mountbatten basically has no need to worry about the pound exchange rate. So on May 4, Mountbatten slept until noon before getting up. He stretched happily because he felt that he was too tired since the pound exchange rate fluctuated... Suddenly he seemed to understand the difficulties of the Great Wood family.

Is this the pressure brought by Zhou Ming?

This question just popped up in Zhou Ming's mind and shook his head and rejected it. He felt that he was a little too sensitive? Perhaps Quantum Fund did have the courage to attack the pound after receiving the 30 billion investment from Tangren Bank, but this was more of the operation of the financial tycoon Joros, not Zhou Ming; Besides, haven't he blocked their attack now?

After slapping this boring idea out of his mind, Mountbatten went to the yard for daily exercise, then took a shower and had a meal. Although it was a lot late today, as the owner of the castle, a very noble count, he was still doing whatever he wanted.

When I was having a meal at 3:00 p.m., Mountbatten was in a very good mood and saw that his housekeeper seemed to have something to say, so he said to him: "Speak whatever you have. Even if I say the wrong thing, I won't blame you today."

With Mountbatten's guarantee, his housekeeper said boldly: "Dear sir, Geely Investment Bank is selling a bond with a yield of up to eight percentage points. I think you may be able to subscribe to a portion."

"My housekeeper, did you not expect you to work part-time as an investment and sales job?" Mountbatten said, looking up at him and asked, "I'm very curious, is it because my castle is not paid enough, or is there any other reason?"

Although Mountbatten's tone was calm, the housekeeper still tightened his whole body and replied tremblingly: "Mr. Earl, this is not the case. Mr. Earl, you are very nice to me and have a very generous salary. I am not helping the investment bank to promote it, nor do I do any part-time jobs outside. This bond is just that my son is the manager of the investment bank. This is his task, and I also think the yield of this bond is very high, so..."

"Don't be so nervous, because I didn't blame you." Mountbatten interrupted the butler with a smile, "You are a father, and I can understand your behavior very well, so since the yield of this bond is so high, should you show it to me?"

Mountbatten said as he stretched out his hand to the butler. The butler was stunned at first, then understood that he was desperately grateful to Mountbatten, and at the same time brought him an introduction to the bond.
Chapter completed!
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