Reborn American Tycoon

　If you play a little too much, it is not impossible to stop the card directly.The group of bigwigs in Xiangjiang more or less have a bit of intersection with William White.Who they prefer, it doesn't need to be said at all.

　Soros sadly discovered that too much money is useless.His perfect plan was missing a key link, and without the constraints of the Hong Kong papers, it seemed that he might really lose this round.

　Compared with the Hang Seng Index, the margin of safety of the exchange rate is the most important thing.If a country's exchange rate fluctuates, then nothing happens.Look at Indonesia and Maoziguo now, isn't that what it looks like.

　"Boss, aren't they worried that Soros is going all-in on Hong Kong papers?"

　"Hey hey hey" William White smiled evilly, and Filson's hair stood on end when he saw it.

　"Felson, Hong Kong is different, and Hong Kong paper is different. It is neither a gold standard nor a credit currency. How can you shake its currency value?

　Well, there is a possibility, and that is the collapse of the US knife. "

　"Uh, so that's the case, but many currencies are bound to US dollars, it seems that there is no such thing?"

　"Soros knew early on that his goal was never a Hong Kong paper.

　In fact, he should accept it as soon as he sees it.The Hang Seng Index fell by half, and his income was considerable.

　Or, making money is not his goal. "Filson understood William White's implication. The matter is almost like this. The relationship between this guy and the Mi Fed is a mess at all. If there is nothing tricky in it, the two people present don't believe it anyway.

　It has become the target of public criticism. Isn't the Fed still touting a free market?

　If you expand this matter, it can already be defined as an act of war.In this case, if you continue to talk about the Peanut consensus, it is called hell if someone believes in it.

　Alas, you said that you are too, you have been the boss for so long, why can't you change the nature of the robber.

　If you are in the wrong direction, if you rob it, you will rob it. Anyway, they can't beat you.However, his younger brother's daughter-in-law also has to worry about it, which is too much.

　On the 27th, the total turnover of the Hang Seng Index was close to US$40 billion.Among them, the 15 minutes before the market close was the most tragic.In just 15 minutes, a billion dollars was actually sold.

　"Increased by [-] points, close to the [-]-point mark. Boss, it seems that the focus of tomorrow is this integer mark."

　"Deliberately, if the short side doesn't make an effort, there will be no resistance at this point. As for now, if they can't attack for a long time tomorrow, there will be a wave of even more tragic fights.

　There is no retreat, at least, there is no retreat here in Xiangjiang.Alas, if Peregrine had been saved in the first place, the current situation would not be so anxious. "

191 - Really cunning

　The Xiangjiang trading market has closed. Although it cannot be said that it is a complete victory, at least it is a situation of neither losing nor winning.

　It's just that at least 20 billion US dollars were spent a day.If this is a long-term behavior, no economy can bear it.

　When it comes to capital comparison, Soros claims to be able to spend hundreds of billions of dollars.Well, this is pure nonsense. If you gain an overwhelming advantage, then the number of followers must be huge, and the level of tens of billions is easy and happy. If you want to say 1000 billion, you must have so many stocks for you to sell short.

　What?You said that Xiangjiang has hundreds of billions of foreign reserves.

　Ahem, that's not how it works out.You have to be clear about one thing, this is money managed by the Monetary Authority, not government agency money.They are completely different things and should not be confused with each other.

　Hong Kong papers are linked to US dollars, not to credit.Theoretically speaking, when a note-issuing bank prints a piece of Hong Kong paper, it must deposit an equivalent amount of U.S. dollars.

　Aside from small amounts of currency, the Hong Kong paper circulating in the market is actually equivalent to a US dollar.If you use these reserves to rescue the market, I'm sorry, Soros will definitely hit the foreign exchange market.

　As long as the bank restricts the exchange of US dollars, it will be over.The result of Xiangjiang will not be much better than that of Malaysia.Anyway, within three to five years, don't expect any development.

　"I'm going to sleep first, this day and night are really hard.

　Filson, take a break too.Before long, the most tragic battle will begin.By the way, tell Mitsubishi Bank that I won't see the money for three hours, so I don't need to cooperate in the future. "

　"Okay, they will agree. These guys are scumbags. Strictly speaking, Julian Robertson is at best a secondary battlefield, and they can be so passive."

　William White smiled and said nothing. There is a joke on Wall Street. There are rumors that Japan intends to intervene in the foreign exchange market.

　Then, what should everyone do and ignore those idiots at all.If there are rumors, whose currency is Soros planning to short?Regardless of whether it is true or false, there will always be a violent fluctuation in the market.

　It's not that Soros has a lot of money, it's really, it's that Little Japan doesn't know how to play this game.

　Since you don't know how to play, you might as well give me the money.Hmph, wait until I get down on Soros, and then go to Japan to shear sheep.

　Well, judging from the later results, Julian Robertson didn't get any benefits.The little Japanese cut flesh with a blunt knife, and when the old guy realized something was wrong, it was too late to run for his life.

　If, if Japan hadn't released the water, it would have buried this fellow in one go.

　After the Asian financial crisis, there is a revelation, it is best, it is best not to bet against the government.After the crisis ended, the four major hedge funds who were the culprits were shocked to find out that they had suffered heavy losses.

　Long-term capital has fallen, and Tiger Fund is only half alive.The most ferocious hungry wolf, Soros, just crossed the passing line.

　Nima, you bastards have caused at least trillions of dollars in property losses.Now you tell me, ahem, you still have to lose money.

　Well, since then, investors' attitudes towards hedge funds have changed a lot.Investing is fine, but don't put all your eggs in one bet.The investment philosophy of White Fund and Buffett is the most reasonable.

　Yes, you can go short, but you don't go naked short.If you really like to play like this, why not go to the Casino to try your luck.

　"What's the matter? Has it opened yet?"

　Filson looked at his watch, but he really didn't know what words to use to describe it.

　"Boss, they are all insane, 1 million US dollars is sold in 5 minute, and this has just started [-] minutes.

　HSBC Holdings and Cheung Kong Holdings were among the heaviest sell-offs. "

　"This guy, if you don't leave, you really won't be able to leave." Filson was stunned, he didn't quite understand how the boss came to such a conclusion when he woke up.

　"You think I can sleep peacefully?"

　Looking at the boss's panda eyes, Filson felt a little relieved.That's right, people like them don't even want to sleep. How could the boss invest so much in sleep?

　"Soros is not a gambler, he is very calm. You see, when he shorted Thailand, did he ever shout that Thailand must lose!

　No, what this guy likes most is sneaking around.The uncharacteristic advocacy this time is just to find someone to take over.

　Hehe, it's just that he wasn't very lucky this time.Filson, press all over it immediately, smash it, Lion City, London, Xiangjiang, act together. "

　"it is good!"

　The think tank can be used as a shield, and it can also help him fill in the gaps.However, in the current situation, there was no one else who made the final decision except him, the boss.

　He said Soros was not like a gambler, and in fact he was acting like one himself now.

　"Boss, the other party has joined, aggressive, completely desperate."

　"Bastard, this bastard. What's the situation now?"

　"The transaction amount was high, and the stock index fell by 15 points. The short-selling funds following the trend seem to be hesitant."

　The corner of Soros's mouth twitched. He already knew that Peanutton's threat was useless. Not only would Xiangjiang not modify the rules, he would even rule out introducing more stringent policies.

　On this point, Peanutton is also helpless.Long-term investment funds were gone, and Lehman Brothers was in jeopardy.

　At this time, you want Goldman Sachs and Morgan Stanley to take over, it's so simple there.To put it bluntly, let's guarantee the Mi Fed. If it doesn't work, then we can only watch these two products go bankrupt.

　You said that others should not save the market, but what is your own?

　Then don't say anything, except for Africa, the whole world is bailing out.Maoziguo, the most extreme, already needs to barter.I'll accompany you to break sleep, you give me two black breads, it's all right.

　The instructions Soros received were very clear. If you continue to make troubles, not only will you not be able to go to Asia, but you will not be able to go to Europe either.

　It's hard enough to say that this guy is 13, no matter how much money you make, what's the use of it.

　Living in a simple place all day long, you are boring enough.

　In desperation, Soros could only fight and retreat.

　At the close of the afternoon market, the turnover exceeded US$60 billion.Not to mention other things, even such a data can be regarded as creating a history.

　The size of Xiangjiang is limited. Even in a bull market, the turnover of the whole day rarely exceeds one billion US dollars.Since the outbreak of the Asian financial crisis, even if T plus zero, it is generally the same number.

　They killed so fiercely in the morning, and it is estimated that they will fight even more fiercely when the market opens in the afternoon.The trading volume has increased tenfold, damn, is this a bull market?

　"How about it, Lao Li, let's make a false alarm? You really are. The older you are, the less courageous you are. However, if you don't grab the chips now, you won't have such a cheap grab in the future."

　"Don't worry, Boss Huo, I've already made arrangements. I didn't expect that the HKMA would be so bold."

　"Hmph, they have a woolen yarn, if the North didn't bring 100 billion US dollars. How dare they put all their eggs in one bet.

　Alas, having a strong backing is an entirely different matter.If you want me to say that naked short selling should be completely banned, you don’t have a single share of stock in your hand, how can you be so unscrupulous. "

　"What my brother said is that a good stock market is turned into a mess by them. If they like gambling so much, they should go to the Casino."

　Boss Huo couldn't help but smile, Li Chaoren is also confused, what kind of Casino can accept such a large-scale bet?

　Just kidding, it's tens of billions at every turn, you might as well run a family by yourself.At least the meat can rot in the pot, so it won't be cheap for others.

Chapter 192

　At 7888 points, the Hang Seng Index finally closed at this very auspicious number.Compared with the previous trading day, there was no significant increase. However, since the HKMA directly intervened in the market, the Hang Seng Index has gained a total of [-] points.

　What?You said that when more than 1 points were dropped, how could it be possible to rebound only a little bit? At the very least, you should return to above [-] points to be plausible.

　Cough cough cough, think too much, after this turmoil, the Asian financial circle suffered a devastating blow.The richest little Japan is not yet out of trouble, and it is not easy for you to get out of such a wave of rebound.

　It has never been the manufacturing industry that supports the prosperity of Xiangjiang.If the surrounding circle is not good, how can your service industry improve.

　The most important point is that the property market in Xiangjiang has collapsed. If this thing cannot be recovered, the economy cannot recover quickly.

　We all know that speculation in uncompleted properties is not good. If it goes too far, the current situation in Little Japan may happen in Xiangjiang in the future.Even now, many people say that Xiangjiang's economic collapse is a replica of Japan's bubble economy.

　How should I put it, Soros is so cunning, you would think he would look for targets casually.

　This is simply unrealistic. Except for a very few investments, when a company develops to a certain level, it is never a single individual who decides the direction of the company's development and investment.

　Soros is like this, so is William White.

　There is a bubble in the property market in Xiangjiang, so White Investment did sell some properties ahead of schedule.This conclusion cannot be thought of by William White.

　He chose to sell, and Soros chose to short.From this point of view, you can also say that the hero sees the same thing.

　As for why they parted ways later?

　This is determined by their investment characteristics.Soros only needs to destroy, as for when you recover, he doesn't care.As for William White, he is more interested in long-term development.

　The timing of Soros's choice of short selling should be regarded as extremely ingenious.This keen judgment, even he, the reborn, has to say admiration.

　Alternate rises in the stock market and property market have indeed produced very serious asset bubbles.It is really not a good idea to blindly raise property prices and stocks without other investment channels.

　However, the root cause of the current situation is still in the United States.The Hong Kong paper is linked to the US dollar, which is very thorough. Not only does it fully accept the exchange rate, but even the benchmark interest rate is similar.

　In recent years, the first to speculate in real estate and stocks is the US emperor.

　Until many years later, whether it should take the initiative to pierce the asset bubble is still controversial.

　Yes, Little Japan was miserable back then.However, if all this is overthrown and restarted, they may not adopt the original method.

　Real estate capitalization, Little Japan thinks this stuff is not good.However, the whole world is learning from their mistake.

　So, are the Japanese stupid, or is the whole world crazy?

　A certain degree of asset bubbles can stimulate consumption and domestic demand.Even though there are many sequelae, no one can ignore its great effect.

　Yes, everyone knows that this is drinking poison to quench thirst.Sooner or later, without the support of the real economy, no bubble is likely to last.

　However, you know it’s a poison, don’t you know it’s addictive?

　Any kind of active piercing will be a kind of suicide. In the early 90s, Japan tried it, and the effect was very bad. In 08, the United States also tasted the pain.

　Since then, no one seems to have talked about bubbles.Blow it, blow it, anyway, the currency is getting less and less valuable, and when the inflation figure catches up, there will be no bubbles.

　Either eat more than enough food to spend the day squandering, or buy a few floors to collect rent.Even if it is impossible to completely offset inflation, the death will not be too miserable.

　Hey, you can't escape, people have studied this thing a long time ago, it's a game of drumming and passing flowers, when the game collapses, it's over.

　"Boss, this is the end of the game, right? Soros was defeated and lost, so he should have run away with his tail between his legs."

　"Fuck, what are you thinking? Jason, hit more than 1 points, this is only a rebound of more than 1000 points, how could it end?" William White was very disapproving of Jason Gao's whims.If you want Soros to lose, unless you modify the corresponding rules.

　"No way, Xiangjiang has already announced the victory here. What if there is any repetition? Boss, do you need to take a profit?"

　"No, in the next period of time, we will continue to increase the weight. If something happens to me, the Financial Management Bureau will definitely be caught off guard."

　"Okay, boss, I understand, continue to increase the holdings of constituent stocks."

　"Yes, in the next period of time, NBC will also do a special feature here. In short, let's stir up this hot topic first."

　"Okay, let's continue. But boss, property prices have fallen sharply recently.

　Won't……"

　"Hey, it's impossible to be so fast. Anyway, time is for space, and the time for investment is definitely not here. However, it is unnecessary to sell at a low price.

　I said, how much real estate do you have in your hands, bastard? "

　"Ahem, Boss, don't ask any more questions. If you say too much, you will be in tears. However, I am not in a hurry to use the money."

　"Well, let's wait, it's hard to turn around in a year or two."

　Jason Gao was very depressed. These investments were not made by him, but were bought by his mother and wife.It's all right now, just cut it in half.

　Alas, Gua Po Niang, there is no chance for a year or two, well, I can only suffer slowly.