The years of red flags
Chapter 1052 The First Half
Mr. Huo also smiled and said: "I have often heard Jiang Hua talk about you. He said that without you, his research institute would not have been able to expand to its current size and achieve so many achievements."
This part is about business flattery. In addition to Mr. Huo, Mr. Rong Zhengen, Mr. Guo, Mr. Li, and even Miss He all flattered Zheng Tong. They knew that they were good friends with Jiang Hua, but Jiang Hua and this But when I was little, this feeling was different.
The relationship between them and Jiang Hua may fade due to time or interests, but the relationship between Zheng Tong and Jiang Hua will not fade unless major changes occur.
Mr. Huo asked Zheng Tong to sit down and asked politely: "Sit down, have you had breakfast?"
"No, I heard about such a lively thing when I woke up in the morning. Of course I have to come over and join in the fun." Zheng Tong said with a smile: "I am a bit crazy and like to join in the fun."
"Then watch while you eat. You will see what it means to spend money like water. The so-called financial war is to use money as money." Mr. Guo handed Zheng Tong a glass of milk and a pair of chopsticks: "This kind of capital game is the most exciting. You don’t have any heart disease, high blood pressure or anything like that, right?”
Zheng Tong shook his head: "No, my heart is very good and my blood pressure is also normal."
Rong Zhengen asked: "Zheng Tong, do you want to join in? There is an [-]% chance of making a profit without losing anything."
Zheng Tong shook his head and refused: "I'd better forget it. It's okay if you let me take a look. If you let my money roll around in it, I'm afraid my heart won't be able to bear it."
Everyone laughed. In fact, let alone Zheng Tong, they had participated in so many financial wars. How could they not be frightened once?
Zheng Tong asked with a smile: "What is the principle of this?"
"In fact, as early as four months ago, we borrowed an astronomical amount of Thai baht from Siam Bank, and we are waiting for the current sell-off. Such a large-scale sell-off of Thai baht will impact the value of the Thai baht. However, in order to maintain the stability of the national currency, To maintain stability, Siam must use foreign currency to buy back the Thai baht, so that we can make money.”
Zheng Tong nodded, and then asked doubtfully: "No, don't you still owe a huge loan to the Bank of Siam in Thailand?"
"Yes, after several rounds of selling, Siam's foreign exchange reserves will be gone. By then, their Thai baht will plummet. We only need to use a little less money to purchase a lot of its national currency and then return it to them."
Zheng Tong nodded: "If you say that, I will understand."
"I got [-] million." The trading manager said with a smile, "This money is easy to make."
Mr. Li shook his head: "The efficiency is a bit low. If this continues, when will they be able to strip away all their foreign exchange reserves?"
"There is no way. Siam's response is relatively slow. It has only started to buy back now. It may be much faster in the future."
Mr. Huo smiled and said: "Be content. Since March and April, we have been selling tentatively. Quantum Fund's momentum is much stronger than ours. Otherwise, Siam would not have announced the implementation of a floating exchange rate system this morning. "
"The floating exchange rate system is good. From today on, the value of the Thai baht is not decided by them."
Zheng Tong stayed here for half a day, and the value of the Thai baht depreciated by nearly [-]%. He heard their trading team constantly talking about how much money they had made. Zheng Tong was used to seeing the world, and he couldn't help but feel frightened. .
"I'm leaving first." Zheng Tong stood up and said hello: "I won't stop you from doing serious things." Jiang Hua nodded: "I'll ask the bodyguard to take you back."
The Thai baht fell by [-]% that day. I don’t know how much Quantum Fund made. Anyway, Jianghua and the others made a lot of gains.
The turmoil in Siam will naturally affect the entire Southeast Asia. Phoebes, Indonesian rupiahs, and ringgits soon became targets of attack.
Jiang Hua and the others just laughed out loud every day, and they couldn't make enough money.
Hot money enters the Asian market from all over the world every day. The richer the people, the less they think they have too much money, and everyone wants to get a piece of the pie.
Zheng Tong and the others stayed in Xiangjiang until mid-month, then they all flew back by plane, and Zhong Shanyue and his wife also went back with them.
In Zheng Tong's words: "Although Liangyuan is nice, it is not a place to stay for a long time. Although Xiangjiang is prosperous, it is very suitable for a few days, but if you stay for a long time, you will feel uncomfortable."
Lan Jieying accompanied Jiang Hua with her two children. The eldest was only in elementary school anyway, and the younger was still in her arms.
After Jiang Hua worked, he would accompany the mother and son to play everywhere, and this time they stayed for such a long time, which made Lan's father and Lan's mother extremely happy. He could kiss his precious granddaughter and grandson no matter what. Not enough.
In August, the ringgit fell. Affected by this, even the strong Singapore dollar also fell. This was a gluttonous feast. Every international speculator looked at every delicacy on the Southeast Asian table with saliva, ready to move.
Jiang Hua looked at Southeast Asia, which was almost drained, shook his head and said, "Everyone, get ready. The Quantum Fund is coming to Hong Kong."
From July to October, the entire Southeast Asian financial market was ravaged over and over again. It looked like sugar cane was almost completely squeezed into dregs. This group of international manufacturers wiped their saliva and set their sights on the Oriental Pearl.
The financial market is changing, but the flow of funds is still traceable, just when Jianghua and the others were just getting ready.
International speculators began to launch an attack on Xiangjiang. In Jianghua's memory, the Hang Seng Index fell by [-] points on the [-]rd, and fell below [-] points on the [-]th. The Hang Seng Index Lost nine thousand points.
However, due to the activeness of Hong Kong's wealthy people and the well-prepared efforts of Jiang Hua and others, the Hong Kong government also announced that it would not change the existing exchange rate system. As a result, the Hang Seng Index bucked the trend and rose again, returning to around [-] points.
Jianghua and the others were tied with the international hot money, but at this time they were slightly at a disadvantage and suffered a slight loss.
Another reason for this is that Baodao gave up its own exchange rate, so all the pressure was put on Xiangjiang.
"It's a bit frustrating. Although we didn't lose much, overall we still made a profit." Mr. Li said angrily, "But I'm not willing to let them run away like this."
The others nodded in agreement, Jiang Hua said with a smile: "You don't think this is over, right? It's just the first half now. If you don't give in, the Quantum Fund won't give in either. There will be a second half next year. That’s the moment of life and death.”
Ask for a monthly ticket, ask for a reward
(End of this chapter)
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