Please enter the text. Fu Rongqi just noticed it. Moreover, Fu Rongqi was very familiar with the Xiangjiang Financial Management Department and could get the corresponding accurate data.
Moreover, Fu Rongqi, together with Li Chaoren, has suggested to the financial management department to guard against Thailand's financial crisis from spreading to Hong Kong, and has even made a three-dimensional defense plan.
Feng Yu no longer cares about Xiangjiang. For at least two or three months, Soros will not have the funds to move Xiangjiang, and if he moves to Xiangjiang, he will be held back. Regardless of whether he can escape unscathed, he will make money by attacking the currencies of other countries. A great opportunity was missed.
For people like Soros, making money is the first priority. If he can make more money more easily, he will not miss it. After the suppression here is over, he, perhaps because of his greed, will turn his head and lead people to attack Hong Kong and the Hong Kong dollar.
With so many countries, it is impossible to do it within two or three months, so Feng Yu is relieved for the time being. What Feng Yu has to do now is to analyze which country's currency will fall the fastest and hardest, and then short-sell in large quantities to try to make more money so that he can compete with Soros.
When attacking the Thai baht, Feng Yu used his hidden funds to borrow large sums of forward contracts for currencies of several countries, but he borrowed very little for the Nanyang New Dollar.
The Singapore dollar in Nanyang has always been very strong, and compared with the Hong Kong dollar, the gap is not very big. Moreover, before the economic crisis broke out in Thailand, Nanyang had carried out economic structural adjustments. At least Nanyang Bank had much fewer bad debts and bad debts than Thailand.
In Southeast Asian countries, Feng Yu is also divided into levels. Countries and regions such as Lisboa, Nanyang, Hong Kong, island countries, and Taiwan are the most difficult to be affected. Thailand, Malaysia, Indonesia, the Philippines, South Korea, etc. are most vulnerable to impact. As for China and North Korea, due to slow financial development, blockade intervention It's very serious, so it's the least susceptible to impact. Well, North Korea's financial market is the most stable, because they don't even have a stock market!
Feng Yu and Soros started at the same time and quickly established a forward contract for Singapore dollars in the market, selling the borrowed Singapore dollars and converting them into US dollars.
Then use U.S. dollars to buy back the Singapore dollars and sell them again, and so on, rapidly impacting the Singapore dollar exchange rate.
Nanyang adopts a controlled floating exchange rate system, which makes the Singapore dollar's ability to withstand shocks far exceed that of Thailand. Moreover, the Singapore dollar generally adjusts its exchange rate floating range every three months, and the foreign exchange reserves in the basket will be replaced at any time. If they want to adjust the exchange rate, they will adopt what is called a crawling exchange rate approach, which is a gradual adjustment to avoid the risk of major adjustments.
This arrangement ensures excellent flexibility, can overcome the impact of external factors to a certain extent, and can avoid inflation to a certain extent.
If Nanyang had not accumulated billions of dollars of Thai baht last time, then under the exchange rate system of the Singapore dollar, Soros would not have challenged the Singapore dollar first, and the funds to be paid would obviously be very large.
But Nanyang was implicated by Thailand, giving Soros and Feng Yu a chance.
Soros told Feng Yu that the Singapore dollar will definitely be severely impacted. He believes that the Singapore dollar will fall by more than 20% in the short term.
Feng Yu scoffed at this. With Nanyang's foreign exchange strategy, I believe it can fall by 20% by the end of the year. But if you talk about the short term, don't think about it. You are fooling again.
Soros is planning to put Feng Yu's funds in the Nanyang New Dollar, and then Soros can go to other countries to make money. If Feng Yu places heavy bets on short selling and his estimation is wrong, then Feng Yu will lose a lot of money. This is definitely what Soros particularly wants to see.
Now that the economic crisis in Southeast Asia is inevitable, Soros no longer needs Feng Yu's help. With many international hot money following the trend, his Quantum Fund can definitely lead everyone to collapse the foreign exchange systems of those countries one by one.
Of course, Soros was not sure that Feng Yu could be fooled by this strategy. After all, Feng Yu and his team were also very elite in previous events where Thai Baht was gathered, and their judgments were very accurate several times.
In particular, Feng Yu might be able to get help from the wealthy people in Xiangjiang and escape.
But Soros would be happier if Feng Yu asked those wealthy people in Xiangjiang for help. That way Xiangjiang would be less of a threat, and his resistance would be weaker when he strikes.
Those people in Xiangjiang probably don't know yet, but he has actually already taken action against Xiangjiang. But it is not suppressing the Hong Kong dollar or Xiangjiang's stocks, but it is pushing up Xiangjiang's stocks in the opposite direction.
When he raised the Hong Kong stock market to a historical high, it was almost time for countries such as Malaysia and the Philippines to reap the fruits of victory, just in time to attack the Hong Kong financial market.
The Hang Seng Index will inevitably plummet by then. Even if the Hong Kong dollar guarantees the exchange rate, he can still make a lot of money if the Hang Seng Index falls. It would be even better if it could drag China into the water.
China's financial market developed very late, and there are definitely not many experts in it. If he could go in and make a sweep, he could get at least a few billion dollars in profit, or even more than 10 billion dollars.
And it can also knock China's economy out of recession and bring China's rapidly growing economy to a freezing point. Then no country will be able to threaten the United States' world hegemony.
In this way, every few years, he can choose a country's financial market to hit and profit, his wealth will continue to grow, and he will become an eternal legend among hedge fund managers!
Oh, Feng Yu has already started to open a position in Xinyuan, but the amount is not large. Is this a test
Okay, then let's seduce him and make him think that I will attack the Singapore dollar with a large amount of money and follow the large-scale short selling. When the time comes, I can pull him out and drag him here.
"Boss, Quantum Fund has increased its efforts in building positions. Do we want to follow up?" He Zhaoji came over and asked.
"What's your opinion?" Feng Yu asked.
"I think we shouldn't follow up so much. Nanyang has a controlled floating exchange rate system. We can make some money, but it will definitely not be a lot. I think the Indonesian market is relatively fragile. This is what we all study. The results came out." He Zhaoji replied.
"Hahaha, yes, your opinions coincide with mine. However, we still have to increase some, so that Soros will increase. Add another 10% of the funds for short selling, look at Soros Will you follow?"
Soros is luring Feng Yu to follow the trend and sell short, and Feng Yu is luring Soros. If you continue to place orders, the price will be averaged out, the profit margin will become smaller and smaller, and the risk will become higher and higher. In order to prevent risks, a hedging investment must be made in the opposite direction, which will involve more funds.
Soros can see this, but can’t I, Feng Yu? If you want to trick me, why don’t I intend to trick you
Although Feng Yu also knows that Soros will not lose any money, and Feng Yu will not lose anything, but if he invests more in Singapore dollars, he will make much less money in other markets, which is equivalent to a loss.
After Feng Yu added 10% of the funds, Soros also continued to increase the contract. It seemed that he wanted to further lure Feng Yu.
However, Feng Yu told He Zhaoji with a smile at this time, we will only do so much, we must invest wisely!
…
Book club groups: 520, 98, 468, welcome to join the group (to be continued.)
(End of chapter)