Easy Tycoon

Chapter 863

On the evening of September 1998, 9, US Eastern Time, Quantum Fund's headquarters in New York.

The big boss of the Quantum Fund, George Soros, nicknamed "Financial Giant", smiled and said to another person who was sitting opposite him about his age: "Jim, thank you very much for your reminder, if it weren't for your reminder and Persevere, I think I will lose a lot in this action to block the Hong Kong dollar, and even lose the previous profits.”

The man Soros called "Jim" shrugged his shoulders slightly and said: "George, we are friends. Although we don't cooperate now, the Quantum Fund was established by the two of us after all. I can't bear to see Quantum The fund suffered a failure."

Compared to Soros' somewhat ferocious face, this Jim seemed very kind.This person is Jim Rogers, who founded the Quantum Fund with Soros, and was also Soros' most trusted partner.

Just as early as 1980, Jim Rogers left Quantum Fund to start his own business.Outsiders thought that he and Soros were torn apart, but in fact the relationship between the two was still very good.

In fact, from now on, two people can sit alone in an office and talk about things, which is enough to prove the relationship between the two.

"Anyway, Jim, if it weren't for you, this action to block the Hong Kong dollar will definitely cause me to suffer huge losses, instead of just losing 20 million U.S. dollars. Look at the series of financial regulation regulations issued by the Hong Kong Island government today. I feel very lucky. Jim, if it wasn’t for you, I would be the same as Goldman Sachs and Morgan Stanley, and I would have lost at least [-] billion U.S. dollars.”

Jim Rogers waved his hand and said, "George, it's mainly because you have kept a clear head. I understand your character. If you hadn't kept a clear head ten days ago, I'm afraid I wouldn't be able to persuade you. Fortunately, , you listened to my persuasion and left there on your own initiative. George, this is actually a victory for yourself. Although you lost [-] million US dollars, you gained richer experience through this incident. victory."

Soros nodded, then frowned and said, "Jim, you also watched the entire blocking battle. Tell me, is the huge amount of money that entered the market at the last critical moment the money that Huaxia took out? If it weren’t for the emergence of that amount of funds, the short-sellers would have the absolute upper hand, and the Hong Kong Island government would be powerless to make a comeback.”

"The time was too short, and the battle was too fierce at that time, and I couldn't figure out where the long funds that entered the market at the critical moment came from." Jim Rogers shook his head, "But my feeling tells me that the The funds should not be Huaxia's support funds! If my judgment is correct, there should be ghosts among you."

Soros also nodded and said: "Actually, I have been thinking about this for the past few days. I agree with you. This should be done by the ghost. But who is the ghost?"

Rogers smiled and waved his hand, "George, I think you still haven't figured it out. In fact, in that blocking battle, regardless of whether the funds entered the market in the end, you were doomed from the very beginning. The Premier Zhu of the opposite government is a very powerful person. Since he has publicly said the phrase 'the Chinese government will maintain the prosperity of Hong Kong Island at all costs', then he will definitely do it. That is a A venerable wise man is also a formidable strong man, I don’t like you at all when you meet that man, that’s why I advise you not to participate in that final decisive battle.”

Soros smiled wryly and nodded, "Yes, I miscalculated that person's determination. We are not wronged!"

"Okay, George, don't worry about this matter anymore. Although the lesson this time is very heavy, firstly, your loss is not very big. Second, you can also understand one thing through this incident, then Just don’t go to war with that country easily. 40 years ago, the federal army was defeated on the Korean peninsula, which has proved the strength of that country. Now, you have lost to that country again in the financial market, so, in the future, you Never try to challenge that country again, that country is not something you can challenge."

Soros smiled and said: "Through this decisive battle, of course I have seen this clearly, and I will not do stupid things again in the future. It's just that I am very unwilling. What is the fund that entered the market at the last critical moment?" Where did it come from?"

"Morgan Stanley, Goldman Sachs, Lyon, Jardine Fu, Salomon, Hui Jia, Merrill Lynch all suffered heavy losses in the decisive battle that day, they could not have done such a thing; Julian's Tiger Fund is deeply mired in the ruble Among them, he does not have such a huge amount of funds to enter the market. But besides these people, who else has the ability to come up with such a large amount of funds to enter the market against us? That is at least 600 billion Hong Kong dollars The above amount of funds! Even I can't come up with that much money!"

Rogers also shook his head, there is no doubt about pursuing this matter now.

The names Soros mentioned earlier are all famous investment banks in the world today. These investment banks are doing serious business on the surface, but everyone knows that the dirtiest guys in the world are these investment banks. .

Even Soros' Quantum Fund and Julian Robertson's Tiger Fund are pure like a thirteen or fourteen-year-old girl in front of these investment banks.

Although these investment banks look serious on the surface, the dirty things they do secretly can only be described in four words-too many to describe!
If the bottom line of large hedge fund owners like Soros and Robertson is the gates of hell, then the bottom line of these investment banks can touch the floor of the [-]th floor of hell, and many of them simply have no bottom line!
These large investment banks are the spokespersons of the major consortiums. These investment banks are behind the wars that the United States has provoked all over the world over the years.Even many major decisions made by the US government are driven by these investment banks.

It can be said that for the benefit of Hongguoguo, these large investment banks really have no bottom line.To say that they sold their souls to Satan is exalting them, but in fact Satan is their spokesperson!
Half of the so-called international hot money actually came from these investment banks, but outsiders couldn't grasp the evidence at all.

The Asian financial turmoil that has affected half of the world is apparently led by Soros' Quantum Fund, but the real impetus behind it all comes from these large investment banks.Otherwise, you think he can do shit just with Quantum Fund's $70 billion in capital.

As far as Quantum Fund's amount of funds is concerned, he can't even deal with the Thai government!
And in this financial crisis that has swept across half of the world, the amount of funds involved in transactions has already exceeded the trillion-dollar mark. With such a small amount of funds from the Quantum Fund, it can't even make a splash.

Blocking the Hong Kong dollar can be said to be the last gluttonous feast of this financial crisis.After all, the foreign exchange reserves of Hong Kong Island rank third in the world, second only to Japan and China. The foreign exchange reserves of as high as 820 billion US dollars are an extremely delicious piece of fat in the eyes of these big investment banks, and everyone wants to swallow it in one bite.

In the past, in Thailand, Malaysia, Indonesia, Singapore, South Korea and other countries, these big investment banks have already tasted the sweetness. Fortunately, the Bay Island saw the opportunity quickly and did not even resist and directly announced the devaluation of the New Taiwan dollar. Foreign exchange reserves will also be swallowed up by these big investment banks.

Therefore, after devouring the hundreds of billions of dollars of foreign exchange reserves of Southeast Asian countries, these big investment banks set their sights on Hong Kong Island again.

They want to continue to replicate the previous feat of embezzling the foreign exchange reserves of Southeast Asian countries, swallowing up the foreign exchange reserves of Hong Kong Island.

Although Hong Kong Island's foreign exchange reserves of up to 820 billion US dollars are the wealth accumulated by the people of Hong Kong Island after decades of hard work, for those big investment banks, they don't care so much.In their eyes, the wealth accumulated by millions of people on Hong Kong Island after decades of hard work is for them.

It's just that they really didn't expect that the Huaxia government, which just took back the ownership of Hong Kong Island, would be so determined to maintain the prosperity of Hong Kong Island at all costs. Before the decisive battle of the Chinese Communist Party, after announcing that the national currency will not depreciate, the Huaxia government will still directly spend a huge amount of 1998 billion Hong Kong dollars to firmly maintain the status of the Hong Kong dollar!

August 8th is the settlement day of the Hong Kong Island Hang Seng Index futures in August, and more than a year before this day, in order to completely defeat the Hong Kong dollar, major investment banks followed Soros and made countless preparations , Just waiting for the Hong Kong stock market to be completely defeated when this day comes, and then the Hong Kong dollar will be completely defeated.

They all knew what Premier Zhu said before, but these big investment banks did not believe that the Huaxia and Hong Kong Island governments would interfere in the financial market, and the various preparatory work made before made these big investment banks ready to launch. .

Then, a huge amount of funds gathered in Hong Kong Island on this day. On this day alone, the trading volume of the Hong Kong Island stock market broke the historical record. The trading volume in one day was as high as 790 billion Hong Kong dollars!
As for the funds in the foreign exchange market and the stock index futures market, that is a huge amount.

It's just that these big investment banks would never have thought that the determination of the Hong Kong Island government and the Huaxia government is so great, and coupled with the sudden entry of a huge amount of long funds at a critical moment, it has become a big deal that crushed camels. the last straw.

The tragic battle in the financial market on Hong Kong Island that day was unprecedented. But if you put aside the tragic battle on this day, then the 8 point of the Hang Seng Index at the close on August 28 is really a very flat number. It also fell by 7829 points the day before, but the significance of this figure to the financial market on Hong Kong Island is immeasurable.

It allowed the Hong Kong Island stock market to gain a firm foothold, and not only did international speculators have no room for profit, but because their contracts had expired, they would inevitably suffer huge losses.

112 billion dollars!
This is the final profit figure of the Hong Kong Island government, and it also means that the Hong Kong Island government has finally won the victory in the defense of Hong Kong Island!

Similarly, this figure also means that the major investment banks have lost US$112 billion in this Hong Kong dollar blocking war that has been carefully prepared for more than a year!
Although it is necessary to have the awareness of losing money to play speculation, if there is no sudden entry of the long funds, even if the Hong Kong Island government can win, it will only be the result of a miserable victory.

Who is the owner of that long money?
This is the number one question on the minds of executives at major investment banks.

(End of this chapter)