Rebirth of the Official Business Route

The Singapore International Monetary Exchange is the main market for Thai baht transactions, as well as the foreign exchange markets in Tokyo and Hong Kong. The financial giants who are keen on the Thai baht are stalking these places. The opening of the Singapore International Monetary Exchange tomorrow will be a good show. The time of appearance.

Of course, those who stay in the trading market are usually just stars, and there may be one or two of the real big horns who are like them nesting in the Peninsula Hotel in Hong Kong and commanding remotely.

Zhang Ke folded his arms on his chest, staring at the bright night outside the glass curtain wall, pursed his lips slightly, and remained silent. Novel chapters are updated the fastest

At this moment, in addition to the firm confidence of the main hot money attacking the Thai baht, those peripheral hot money can also determine the direction. Only the Bank of Thailand and their allies will take over the surging spot and forward contracts. Once they can't bear it, it will be the end of the first game.

Zhang Ke smiled faintly, and said: Their resistance and will will be very weak, and our position has increased to 40%!

Nick Leeson took a look at Ye Jianbin, and he also agreed with this point of view. At the beginning of the establishment, the conditions for the joint participation of funders in decision-making were agreed. Zhang Ke said that he depends on Ye Jianbin's opinion. He also has a trader in New York who can trade Thai baht spot contracts in New York, but it is still unknown whether the total position can be increased to 40%. The entire market sells Thai baht. Except for the Bank of Thailand, other buyers Very rare. Fiction novel chapters are updated the fastest

Foreign exchange spot contract trading is the most important form of foreign exchange trading. Foreign exchange futures may not be successfully traded for half a day, but spot contracts are traded through the merchant network anytime and anywhere, and the actual speculative functions of the two are the same, both of which are margin transactions. Especially after the formation of the foreign exchange trading network, foreign spot contracts The trading volume far exceeds that of foreign exchange futures trading.

In this game, the governments of various Asian countries have a sense of crisis, and domestic financial institutions have speculated on spot contracts and forward contracts for Southeast Asian currencies such as the Thai baht. However, European and American financial capital is the biggest driving force behind the Asian financial turmoil. In particular, the offices of European and American banks in Singapore have a large amount of currencies from Southeast Asian countries to support huge speculation in spot contracts and forward contracts that cannot be afforded by the governments of Southeast Asian countries.

Ye Jianbin nodded, his palms were already stained with sweat: Zhang Ke is really heartless, he fabricated a huge sum of nearly four billion Hong Kong dollars in his hands, he didn't worry about gains and losses at all, and seemed to be at ease with himself. Their Ye Family is really looking forward to drawing some thirst-quenching funds from it.

The phone in his pocket vibrated, but Ye Jianbin was taken aback. He felt a little embarrassed and nervous when he took out the phone. Seeing that it was his second uncle Ye Zhenmin calling, he gestured to Zhang Ke and walked aside to answer the phone.

Second uncle, please come over, Ye Jianbin hung up the phone, walked over and whispered to Zhang Ke.

Or let the second uncle come over by himself? How could Zhang Ke have the face to ask Ye Zhenmin to go there in person, and then he should go to see Ye Zhenmin after arriving in Hong Kong, but he just dragged Ye Jianbin to the Peninsula Hotel first.

Zhang Ke tugged at the skirt of his clothes, went out of the room together, called Tang Jing in the aisle, and asked her to stroll casually with Sheng Xia in the Peninsula Hotel.

Ye Zhenmin's temporary residence in Hong Kong is on Hong Kong Island, which is the official apartment of the Central Liaison Office in Hong Kong. Go past the Peninsula Hotel. The most convenient thing is not to drive, but to take the subway. It takes two or three minutes to walk out of the Peninsula Hotel to the subway platform.

The predecessor of the Liaison Office was the Hong Kong branch of the Xinhua News Agency. Western District is an old urban area in Hong Kong, and the apartments of Liaison Office officials are mostly old buildings.

Ye Zhenmin's temporary apartment in Hong Kong is a red brick villa. First, he took the subway across the sea, and when he arrived at the West Ring Road, he could still hear the ding ding of the old tram, which is next to the West District Police Station.

Ye Zhenmin is thinner than when we met last time in Beijing. His eyes were piercing, and he didn't have much to say at the door, so he went straight into the dimly lit study on the second floor, and Ye Zhenmin sent his secretary away; Du Fei also waited outside the study with Ye Zhenmin's secretary.

You all know the two pieces of news from Thailand's national TV station, right? Ye Zhenmin closed the door of the study room, and instead of sitting back on the high-backed mahogany chair behind the desk, he stood in the dark brown room with a tea pot In front of the desk, talking to Zhang Ke and Ye Jianbin, I just had a phone call with the Financial Secretary of the Hong Kong Government and the Chief Executive of the Monetary Authority. There is a lot of pressure from all parties, hot money is surging, and European and American political forces are conniving behind. will become the fuse...

The situation is probably like this, Zhang Ke said lightly. Currency speculation is aimed at the fixed exchange rates of Southeast countries. The Bank of Thailand must enter the foreign exchange market to intervene in the baht spot and forward supply to maintain its fixed exchange rate balance. The first two attacks. The Bank of Thailand barely resisted, but their foreign exchange reserves have been consumed Nearly half, this wave of offensive will be more fierce. Their remaining foreign exchange reserves are simply not enough to maintain the balance of the exchange rate. Once they are forced to choose a floating exchange rate, the Thai baht exchange rate will plummet. The fuse exploded... Even if the Thai government borrows a large amount of foreign debt in US dollars, it will only survive for a while, and the accumulated risks will become more violent...

Zhang Ke knows that the Thai government will rescue everywhere at this moment. The Hong Kong government has 80 billion foreign exchange reserves, and the central government has 120 billion foreign exchange reserves. Maybe the Thai Prime Minister has already called several times, but the relationship between countries If it wasn't for protecting their own interests, everyone would be willing to take advantage of the fire to loot the land.

The ultimate goal of Ye Zhenmin's visit to Hong Kong is to assist the Hong Kong government to withstand the impact. It seems that everyone is confident. Ye Zhenmin shook his head and smiled wryly. Everyone is staring at a piece of bloody fat. It's a pity that the ten-year prosperity of these countries will be destroyed...

This is something that can't be helped... Ye Jianbin relaxed a little after all, and said with a smile, It's more real to care about Hong Kong.

Zhang Ke said: Hong Kong stocks and futures are hanging high, like a sharp sword hanging upside down, making people feel cold... Those international hot money attacks Thailand. They mainly attack the baht; they attack Hong Kong, which has 80 billion US dollars in foreign exchange reserves. , the mainland still has 120 billion foreign exchange reserves. It is not difficult to maintain the current linked exchange rate of the Hong Kong dollar. International hot money will not dream of completely breaking the linked exchange rate system of the Hong Kong dollar, but they pretend to attack the Hong Kong dollar. Mainly attack Hong Kong stocks, futures indexes, and the Hong Kong government How are the authorities responding?

Ye Zhenmin nodded. At present, the Hong Kong stock index has reached a peak of 17,000 points, and Hong Kong is a financial free port, which cannot stop the influx of international hot money. In fact, a large number of foreign funds have poured into Hong Kong stocks before. Tens of billions of dollars of hot money took advantage of the Southeast Asian financial turmoil to backhand short Hong Kong stocks, and it was a tragic stock market disaster!

In addition to continuing to increase foreign exchange reserves and strengthen the supervision of currency flows, I think the Monetary Authority needs to have broad powers that can use various means to fight back against international hot money at any time. It cannot wait until international hot money has ravaged Hong Kong. Then go to the Legislative Council to ask for support in terms of authority...

Hmm... Ye Zhenmin responded noncommittally, he had other difficulties, This needs to be discussed...

Zhang Ke has some understanding of the history of Hong Kong in the next ten years. He understood Ye Zhenmin's difficulties in his heart.

After Hong Kong's return to the motherland, the original political and economic system must be maintained for a long time, and the principle of Hong Kong people governing Hong Kong must be maintained. Hong Kong practiced the market principle of free economy, and the authority of the Monetary Authority was strictly limited. If the Monetary Authority was to obtain extensive authorization in advance, Ye Zhenmin must use his special status to do some work. Hong Kong people may not understand this painstaking effort. If the news leaks out, it may mean that the Liaison Office of the Central Committee of the Communist Party of China will block the demonstrators tomorrow and accuse the central government of secretly violating the promise of Hong Kong people to govern Hong Kong.

Hong Kong people used to be restrained by the British and dared not speak out, but after the reunification, they became free and wanted to take to the streets to shout twice when encountering anything. That's normal, it's just that the Liaison Office of the Central People's Government is a bit embarrassed in Hong Kong.

Zhang Ke smiled slightly and said: Maintaining the stability and prosperity of Hong Kong is what is needed. The free economic system is meant to be stepped on.

Ye Zhenmin smiled and said: Sometimes you can't be afraid of wolves and tigers... He added, There is one more thing I want to tell you. You should build a warehouse, how many?

Zhang Ke mumbled, indicating that he had just arrived in Hong Kong tonight. This matter has nothing to do with myself.

Ye Jianbin rubbed his head and said: When we withdraw funds, the second wave of attacks on the Thai baht is coming to an end, and it is too late to open short positions in the foreign exchange futures market. It has also been restricted. However, foreign banks in Europe and the United States are afraid that the world will not be chaotic. The leverage is only slightly lower. In terms of spot contracts and forward contract transactions, we still have about 7 billion baht and 600 billion Indonesian rupiah short positions. As for positions, I think Hong Kong’s main thing is to guard against backstabbing by foreign banks in Europe and the United States.”

Oh, your time is just right, Ye Zhenmin also knew that the Thai baht was the main target of international hot money this time, but Indonesia's economic system is more fragile, the Thai baht can't hold it, and the Indonesian rupiah will collapse if it is destroyed, he said: Other In other places, you fish in troubled waters, and I don’t care about you. Don’t get involved in Hong Kong, you will not be able to tell in the future...

Never mind, Zhang Ke laughed, and said again, However, when this side wants to fight back, we can help this side. At that time, we will come clearly...

Then we'll talk about it then... Ye Zhenmin couldn't refuse the order to act in unison.

Walking out of the red brick villa apartment of the Liaison Office of the Central Committee of the Communist Party of China, the old buildings are sparsely populated, the night sky is clear and the stars are lonely.

Those big people who sing and sing every night, many people are destined to suffer from insomnia tonight, right? Zhang Ke, Ye Jianbin, Du Fei and others walked in the streets without rushing to stop the taxi, talking without saying a word, Ye Jianbin was in a hurry to go back to the Peninsula Hotel, staring at the market in the New York foreign exchange market. Zhang Ke stopped him, What's the hurry, now just wait for the Thai baht to give up resistance completely, so everyone rushes up and ravages, you can't come in a hurry...

How can you be so nasty as you said? Ye Jianbin has nothing to do with Zhang Ke's temper. If it were someone else, even if he had full confidence at this moment, his heart would hang. Is it a kind of temperament?

Zhang Ke laughed, and everyone walked under the starry sky to the subway entrance, and took the subway back to the Peninsula Hotel. It was already one o'clock in the morning. Tang Jing and Sheng Xia had taken a bath and their bare feet hadn't rested yet. The change of clothes bought for him and Du Fei was placed on the wooden table in the living room.

Zhang Ke looked at the night sky outside the glass curtain. There seemed to be countless giant crocodiles lurking in the bright Victorian harbor. In the financial frenzy surrounded by crocodiles, they are not qualified to appear ostentatiously. It is at the last moment before the crisis, and they say they want to increase their positions to 40%. Whether it will be completed or not is still unknown.

A crowd of crocodiles gathered, their teeth dripping with blood gleamed coldly, and at this moment they all aimed at the Bank of Thailand and the Thai government's foreign exchange reserves of tens of billions of dollars.

This is a zero-sum game, and the Thai government must be forced to give up resistance completely, which can be called a feast.

Zhang Ke didn't think that he could be better than others, but he just had stronger confidence than others; at this time, confidence didn't seem to be so necessary, and no one would give up this feast easily. See how much you can grab from it; think of it as a holiday in Hong Kong.