Back to 1990 - Chapter 1219
When others listened to the economist, they immediately felt that it was reliable, and they all listened carefully. Economists believe that the global economic center is the United States and Europe. The rise of the four tigers over the years is due to the transfer of low-end industries. In the future, Asia may not even be as good as Africa.
“Yesterday I watched an expert’s comment on TV. From the perspective of technical indicators, the Thai baht is purely a flashback. It belongs to a rebate. This is a standard three-sale sale. I raised my head to smash it deeper!” Another person swears road.
“Whether it’s the big macro index or the market, it’s not very good, and I also pay attention to the number of port containers in Thailand, and the import and export are declining. The data they released is not credible.”
People around nodded and looked up. The Thai baht, which had been struggling at first, was suppressed by huge sales orders.
Quantum Fund and Tiger Fund are still running out of ammunition and food. At this moment, apart from pinning their hopes on retail investors, the rest is to look at other Wall Street colleagues. In the end, it’s really going to be a war.
Big companies don’t leave the market, and private equity institutions are too busy. The institutions threw out hundreds of millions of dollars worth of Thai baht within half an hour of the opening, and the European group couldn’t hold their heads up.
The value of the Thai baht fluctuates between thirty-five and thirty-eight, and the trading volume is constantly rising. It is destined to be a fierce battle for both sides.
Soros looked at the board and frowned a little. It seems that the second sales department of Lazar did not listen to his warning at all. What kind of funds are behind it?
The calls from small organizations came one after another, and it was not too much of a splash for them to invest several hundred million. They called just to ask who the opponent was.
“Tell them, it’s Thailand. This is their end of the road. If you invest a little more, you can go down.” Soros instructed his assistant, and then said: “Contact some private equity, find managers who can trade, and let them end!”
Within an hour of opening, three billion U.S. dollars worth of Thai baht had already been thrown out, and the bulls were holding on to 38 baht. For the short sellers, 38 baht seemed to be an insurmountable moat.
Soros looked at it for a while, then picked up the phone and called Robertson. On the phone, the two chatted about who the second sales department of Lazar was. Neither of them had a clue, let alone where the funds came from.
“But I have new news. Do you still remember Lu Feng?” Robertson asked.
“Lu Feng?” Soros thought for a while, and asked, “The one in Huaxia?”
“Yes, he is the planner of this matter. I learned from my friends in Thailand that he recommended European funds, but this matter is very confidential, and he doesn’t know who it is.” Robertson was annoyed Said: “This matter should be counted on his head.”
Soros sat there for a long time and said, “Lambert is right, this is a shit-stirring stick!”
“We don’t know how much money our opponents have. If we let them resist, we will flee in a stampede. Even if the Schroeder Group comes in to solve the problem, we will inevitably lose money.” Robertson’s voice lacked confidence.
“Then what do you mean?”
“I think the funds of retail investors have bottomed out. They stick to 38 yuan. If they can’t spend today, they will raise it tomorrow. Retail investors are weak, and we really can’t escape. Now contact Lu Feng and find out the bottom !” suggested Robertson.
Although this phone call is a bit humiliating, in financial transactions, it is very normal to call the opponent on the phone if you can’t get through, or even to reconcile in private.
“I talked to him before, and I contacted him, but I have to make two-handed preparations. You can contact some private equity institutions and spend another two billion. If you still can’t spend it, then there is really nothing you can do.” Suo Ross Road.
After the two made an agreement and hung up the phone, Soros asked his assistant to call Lu Feng for help. Even though it was already one o’clock at midnight in China, he knew that Lu Feng was definitely not asleep.
The study was filled with smoke, Jiang Xiaoyan took Lu Feng’s cell phone up to the third floor, pushed open the door of the study and said, “Can I charge my cell phone here? Someone is calling you and it keeps ringing!”
Lu Feng answered the phone and asked, “Who is it?”
“I don’t know, why are you cooking eagles here at night without sleeping? What time is it?” Jiang Xiaoyan asked, frowning.
“I’ve been busy overseas these few days, so go to bed first, I won’t bother you.” Lu Feng said to her.
Jiang Xiaoyan didn’t say much, turned her head and went downstairs, Lu Feng waited for a minute, the phone rang, answered the phone, “Who is it?”
“Hello, Mr. Lu!” The other end of the phone spoke pure English.
Hearing this voice, Lu Feng thought about it for a while, and immediately understood that the other party couldn’t bear it anymore, and he knew who it was after a little guessing.
“Hello, I haven’t called for a long time!” Lu Feng said politely.
“Do you know who I am?” The other end was a little surprised.
Lu Feng laughed a few times and said, “I guess it’s Mr. George Soros.”
“Wow wow! I have to say that you are really smart. It’s too boring to talk to a smart person like you, so I’ll cut to the chase. Can you tell me where the funds in Europe come from?” Soros asked very directly.
“Of course the money in Europe belongs to the European people. I don’t know much about the others.” Lu Feng smiled and said.
“Okay! I know you won’t say it. I am calling you for one thing. We are not saying that we are standing on the opposite side of Thailand. We are helping her. I believe you should understand Thailand’s internal problems. Too many bubbles are not conducive to her development. Only when short sellers like us squeeze the bubbles, Thailand will go further. So there is no confrontation between us, and our ultimate goal is the same.” Soros came up Figure out your role first.
“Wow, it’s so righteous. It’s already midnight here, and I don’t have the energy to argue with you. Even if you are a woodcutter in the financial world, just say what you want to say!” Lu Feng asked.
“Our goals are the same, so there is no enemy, and there is no confrontation. My thoughts on calling you are very brief. Everyone let each other go. At the end of today, you released five billion dollars worth of money. baht, we promise not to continue to short the baht and leave everything to the invisible hand of the market,” Soros said.
“I need to make a call about this!”
“Okay, I’ll wait for your call!”
After the two parties hung up the phone, Lu Feng called Maha immediately. It would be best if this famous currency sniper war in history could be reconciled. There are many uncertainties in the market, and they want five billion baht Well, Sean has tens of millions of baht, just let Sean earn ten baht and leave.
Everyone didn’t have so much to worry about.
After the phone call, after Lu Feng finished talking about the situation, Maha agreed to the plan and contacted Xiao En, who couldn’t wait for it. No matter if it was the short side or the long side, everyone felt a lot of pressure and couldn’t figure out how much money the opponent had. Smash it down.
You can earn hundreds of millions in a few days, and the risk is still small. For Xiao En, it is like a golden rain from the sky.
On Wall Street, at noon, Robertson called Soros. He contacted four private equity institutions. After giving enough rebates, he raised another two billion US dollars. After the two communicated, they thought that the other party agreed so easily. Without any additional conditions, it means that the opponent’s funds are almost exhausted.
There are still 200 million, plus some scattered retail investors, if the shock wave is successful, not only will the profits be huge, but the most important thing is that they will be begging Thailand.
Finance is a big gamble, betting on the market and funds online, and blocking sales, supply, and profits offline. The loser has no chance except to let it go, and it is often a stud.
The situation has reached the point where it is today. All the big shots in the world know what is going on, and they are disheartened to collect the funds back?
Where is the face?
Soros only hesitated for a moment, and immediately agreed.
A few minutes later, a large number of orders quickly appeared on the originally quiet market, and the bulls were obviously unprepared. The k-line dived and pierced through 38 yuan directly, reaching 38.5 yuan, and then 39 yuan.
“Thirty-eight broken! Thirty-eight broken!”
“This time it’s really going to collapse!”
After everyone in the exchange exclaimed, someone from UU Kanshu www.uukanshu.com immediately ran to open a short order, and followed the main force to have a bite of hot food.
Lu Feng was taken aback when he heard Manager Li’s report on the phone, and shouted, “They smashed it again?”
“The buyer has already reacted. Just rushed up to 38, and was immediately called back. Now it is 39.6. The transaction volume has increased. In a few minutes, 600 million baht was traded, and there are more empty orders. , Many retail investors are out, and there are a lot of small orders!” Manager Li reported.
Lu Feng’s face changed suddenly, he slammed the table and cursed: “These people came over to check!”
Just after scolding, the phone rang, and Sean called to inquire about the situation. According to the current trading volume, their funds may not be able to withstand the last half an hour. If they collapse at the end of the day, they will definitely not be able to get them back tomorrow.
“I don’t believe how much money they have. You can report the financial situation at any time. I will make preparations here. I will call Prince Maha and explain the situation!” Lu Feng said solemnly.
“Lu Feng, the funds on Wall Street are still huge. I have one requirement now, that is, if the funds cannot be returned, they must get collateral!” Sean said in a low voice.
“They don’t have that much money, don’t worry!”
Lu Feng hung up the phone and called Maha. He was so angry that he scolded his mother, but he had no choice but to carry it to death. After Xiao En lit up, Lu Feng resisted. If Lu Feng fell, it would be true. All bets are lost!
“We have resisted the last half hour, and tomorrow’s opening is also a problem, so there is only one way, raise interest rates! Tomorrow, raise the interest rate of the Thai baht, so that the Thai baht scattered around the world can return. There is no more Thai baht in the market, and they can’t borrow it. Then There is only a dead end.” Lu Feng suggested: “And most of the Thai baht should already be in our hands, and the remaining ones don’t have much money and can’t spend much interest!”