Back to 1990 - Chapter 1218

The price is dropping step by step, and now that it has lost its financial support, the price of Thai baht will drop rapidly. It is likely that only 100 million yuan will be needed to drop it, and it will immediately return to more than 70 yuan.

The person in charge of finance was aware of this problem, and immediately called the European delegation to get them ready and asked to set the price of Thai baht at 35 yuan when the market closed today.

When the price fell to 39 yuan, a wave of funds rushed in and spent 200 million US dollars to raise the price of Thai baht in a straight line, and then the price oscillated at 35 yuan.

The retail investors are in a state of collapse, and many popular people in the exchange even vent their anger in the trash can.

With less than ten minutes left before the market closed, John threw another 50 million U.S. dollars in Thai baht as a test. The rebound was particularly strong, and he was eaten in one bite.

Looking at the transaction details in front of the trend chart, Soros frowned and asked, “Which exchange did you get the funds from?”

The exchange began to look for the sources of funds for these transactions, and replied after a few minutes: “Europe! Ireland, Germany, the Netherlands, Spain, and France. Among them, the second sales office on Lazarus Unity Road is the one that buys the most.”

He frowned and remained silent, staring at the computer screen for a long time, until the transaction was over, and then slowly said: “Where is this sacred?”

After Soros and Robertson talked on the phone, they agreed that there was a problem in Europe. No one knew how much the funds were. Once they could resist for ten days, they were really finished.

Soros immediately contacted European countries, especially France, through the upper management, asking them to provide the user data of this business department, but was rejected.

The trading time is over, but the game between all parties has just really begun.

In China, at 4 o’clock in the middle of the night, when Lu Feng heard that the transaction was over, he yawned and went upstairs. It was already noon when he woke up. Not long after he woke up, Lu Feng received a call from Su Yourong. The important article publishes all-round data such as port data, currency data, industrial production value, m2 liquidity, real estate, and the number of investment projects.

The article did not shy away from economic problems, but presented all the data, and finally concluded that economic growth did encounter resistance, but the decline was not that great. The situation will be reversed through industrial upgrading and state-led investment.

He also criticized the behavior of wantonly shorting the Thai baht, thinking that these short sellers are making a fuss out of a molehill, targeting the lack of foreign exchange reserves and the anchored exchange rate and other gaps to suppress frantically. Thailand has given up the anchored exchange rate, and the issue of US dollar reserves has also been supported by the international community. There is no problem.

There are even international gossip rumors that the Thai baht is indeed worthless at the exchange rate of 25 to 1 US dollar, but at most it has fallen to 30 yuan. The 20% drop has already shown the super value of the Thai baht.

“Last night, I kept staring at the transaction data. To tell the truth, I was afraid in front of such a large transaction volume. Even in the last ten minutes, the transaction volume was sluggish, and there were still more than three billion baht in transaction volume. All the Thai baht was found.” Su Yourong sighed.

“Normally, those people want to borrow all the Thai baht in the world, but don’t worry too much. According to my estimation, they won’t last for a few days, and there is basically not much follow-up funds.” Lu Feng comforted.

Su Yourong is in the stock market, and the daily trading volume of the entire Xiangjiang stock market is only five billion US dollars, and it is even less for individual stocks. She is just worried that such a large trading volume will not be able to be carried here. live.

Even if there are ports, minerals, and arms as collateral, everyone does not want to lose money.

“You should keep an eye on it these few days. It will probably only take a day or two. I have a call here, so hang up first.” Lu Feng hung up the phone after finishing speaking.

I picked up the phone at home from the above, mainly asking about the situation of the Thai baht. After discussion with experts, they thought it would be best to end this week, that is, before December 25th. If the stalemate continues, the international Mediation, mainly because Thailand will have big problems after such a blockade continues.

Lu Feng said that he would convey his meaning. After hanging up the phone, Lu Feng sat on the sofa and let out a long sigh of relief. He felt that the time for the final decisive battle was coming. The days of borrowing by the short sellers on Wall Street were coming, and Thailand had also blocked almost half of the country. Yue, if it goes on, it will be a lose-lose situation for both sides.

Called Maha, briefly explained the situation, and asked their thoughts again. They also said that they would kill the short side as soon as possible. The most important thing was that Xiao En encountered the situation. Some Wall Street companies directly contacted I went to the sales department and found Sean after spending some manpower and material resources.

“They found Sean?” Lu Feng was startled, how long it took him to find him.

“They did find Sean through some registration information, but your friend is not an ordinary person. He found a person with the same name and surname to register, so he called us a little anxiously, asking that his identity be kept secret, and he also hoped to speed up. The battle is over, today’s Wall Street is already encouraging retail investors to rush in.”

“Today’s trading volume will reach its peak, you should be prepared and pay more attention to the situation over there,” said the translator.

Lu Feng was already in a daze. He never dreamed that Wall Street’s financial investigative ability was so strong. A cunning guy like Sean was almost caught out. Isn’t he already exposed?

One must know that Lu Feng’s funds came from HSBC, the account was opened by Su Yourong, and the securities company he was affiliated with was United Capital, so it would take only a few phone calls to find out the truth.

“okay, I get it!”

Lu Feng hung up the phone, feeling a little terrified of the current Wall Street. The Wall Street in the 1990s is something that Lu Feng cannot imagine more than 20 years later, not to mention that there are a lot of monitoring activities that he knows are going on at this moment.

“This world is transparent!” Lu Feng exclaimed.

But Lu Feng doesn’t care, he’s already a thorn in his side, and he’s not bad for such a move. It’s estimated that the big shots on Wall Street guessed it was him.

In the afternoon, Jiang Xiaoyan, who had been on a business trip for a few days, suddenly returned home, went upstairs to get two folders, and hurried to leave.

“Let’s go after dinner!” Lu Feng said to her.

“Don’t eat, I’m so busy. The factory area in Tianjin has been finalized. The assembly line has been fixed in the past few days, and it will be put into production at the earliest in April next year. I have a meeting with the backbone, and I have to send some trustworthy people there. Someone who is capable enough.” Jiang Xiaoyan put the file folder into her bag, looked at Lu Feng and asked, “Are you so free?”

“I just went to the company during this time!” Lu Feng replied.

Jiang Xiaoyan stood there pondering for a while and said, “You are so free, go to Tianjin and help me build a factory. By the way, I will develop sales channels and do some market competition.”

“Ah?” Lu Feng looked at her a little speechless, he regarded himself as a free labor force, so she said such a whole set of things by the way?

“I can go, but what if the earth explodes tomorrow?”

Jiang Xiaoyan rolled her eyes, carried her bag and said, “Now you really treat yourself like an earth.”

“You have to eat on time even if you’re busy, Du Nima has lost weight!” Lu Feng cared.

“Got it, watch a lot of homework!” Jiang Xiaoyan’s voice came from outside the door, followed by the sound of a car starting.

In the evening, Wei Yandan called and said that they couldn’t push forward the privatization of the R&D company. John hadn’t communicated with him for the past few days. Goodley kept urging Lu Feng to come forward. Putting pressure on them, Wei Yandan felt that Lu Feng would meet first, sit down and have a chat, and they would talk later.

“I’m not free these few days. In a few days, I guess John is not free either. Don’t worry about it, let’s hang out for a few days.” Lu Feng ordered.

At night, Duoduo came back with a big schoolbag on his back. After eating, he looked weak, lying on the sofa and complaining: “Too much homework.”

“Write slowly and watch less cartoons. Your mother is back today and let me watch you do your homework.” Lu Feng looked at her and said, “If you pass the mid-term exam, I’ll let you go back to your hometown for the Chinese New Year.”

When Duoduo heard that he was going back to his hometown, he immediately regained his energy, sat up and said, “Are the whole family going back?”

“Not necessarily!” Lu Feng finished speaking and looked at the watch on the wall, UU Reading www.uukanshu.com The foreign exchange market is about to start in an hour.

Duoduo was doing her homework downstairs. In order not to disturb her, Lu Feng went to the study on the third floor and called Manager Li.

Wall Street, this is a new day. After the market closed yesterday, the Thai baht became a hot topic among the people. Even if it wasn’t a financial program, it started to discuss this topic. The opinions of the guests on these programs are constantly guiding the public to short the Thai baht. It seems that now is the best way to short the Thai baht. Chance.

Thailand said that the Thai baht has risen, and the follow-up funds are insufficient, followed by a series of plummets. This kind of inductive words is simply a child’s play for professionals, but for the middle class, there is a little money in hand and there is no suitable way to preserve value. This kind of thing that seems to be profitable without losing money is simply a pie in the sky.

Some investment institutions on Wall Street have asked more than ten times the number of customers shorting the Thai baht in one day. For them, as long as they pass the deal, there will be various fees. As for whether the customer loses or earns, they don’t care.

At 8 o’clock in the morning, the foreign exchange market opened, and the New York Stock Exchange was already crowded with people. A new display screen dedicated to Thai baht was added in the lobby, which displayed the price of Thai baht at the time of day.

With the opening of the market, the first batch of retail investors directly opened empty orders without saying a word, and sold 300 million baht. The baht fell by 0.5 points in an instant, and then a large number of empty orders were opened, and the seller’s market was strong.

“It will fall, it will definitely fall!”

“I read the news from Thailand, they are all lying, this is a huge lie!”

“Professor Kyle said that the hollowing out of Thailand’s industries is particularly serious, and with the rise in commodity prices, they have no profit margins, and factories will shut down on a large scale.”

“Who is Professor Kyle?”

“A highly respected economist who focuses on Asian economies!”