Extraordinary Genius

Chapter 934: Soros' purpose

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"Boss, do we really want to attack Xiangjiang first? I think it is better for us to attack South Korea or island countries at this time, or Treasure Island. Xiangjiang is prepared, and we may lose both sides." Zhuken Miller is worried said.

"What do you think, do you all mean the same thing?" Soros looked at the others.

"I prefer island countries. There are already many bankrupt securities companies and financial companies in island countries at this time. It will be very easy for the stock market to fall again. Moreover, the yen has been appreciating in recent years, which itself is a hidden danger. I think it has been suppressed to 150 :1 is not a problem.”

"I think we should attack South Korea first. South Korea has fewer foreign exchange reserves than the island countries, so it is easier for us to win. Now our relationship with Feng is no longer so close. I think we may not have enough funds to attack the island countries, and the risk will be greater. Attacking South Korea will be easy to succeed."

"I also think it should be South Korea, and I am opposed to attacking Xiangjiang now. There are a lot of rich people in Xiangjiang. Xiangjiang is one of the financial center cities in Asia. For such a small place, the total economic volume is higher than that of many countries. Attacking there will be very risky, and don’t forget Feng, he is not only a financial master, but also has abundant funds.”

None of the four kings supported Soros, and three of them were inclined to attack South Korea, which made Soros hesitate.

But he was not willing to attack Xiangjiang. In terms of foreign exchange, he knew that he could not make a profit. The Hong Kong dollar adopts a linked exchange rate system, which is forcibly pegged to the U.S. dollar. Moreover, Hong Kong’s foreign exchange reserves are very high, and there are so many wealthy people. The funds controlled by Soros are not enough to make profits through Hong Kong dollar forward foreign exchange swap transactions.

"I never said that the profit this time was in the foreign exchange market. Do you think we can break through the stock market in Hong Kong?" Soros asked in a deep voice.

Simply making profits from the stock market? The four kings looked at each other and fell into deep thought at the same time.

"Uncle Fu, after this delivery, funds will be ready at any time to stabilize the financial market in Xiangjiang."

"Mr. Feng, I have been working in finance for so many years. Why didn't I see that the Hong Kong dollar would fall? Unless they can make the US dollar fall too, but in that case, their money will evaporate. There is no danger to the Hong Kong dollar." Fu Rongqu raised his eyebrows and said with an instructive look on his face.

Fu Rongqi glared at his second brother: "You only see this, and you still have the nerve to speak? Didn't you notice that when Soros attacked, he was in a three-dimensional speculation mode? He used leverage superbly, and with a small amount of capital , he can do things that cannot be done with large amounts of money. And he works on interest rates, stocks and foreign exchange. As long as he can make a lot of money in any of them, he can make money!"

With your little experience in financial investment, you still have the nerve to say you have been in finance for so many years? You have the nerve to compare yourself to Feng Yu, and you still sound like you are admonishing me!

Fu Guangzheng said at this time: "Uncle, what do you mean, Soros does not intend to make profits in foreign exchange at all? Instead, he uses foreign exchange to cause interest rates to rise and stocks to fall at the same time? Are they planning to make profits on the stock index?"

Fu Rongqi couldn't help but glance at his nephew. He didn't expect that he could have such insight. But he thought about it, maybe it was what Fu Guangzheng heard from Feng Yu or Professor Liang.

"It's good that you can think of this. All I can think of is to make profits on the stock index, and if the leverage is used well, the profit will definitely not be low. If he succeeds, he will take away a large amount of our money in Hong Kong. This But it’s the wealth we have accumulated over the years.”

"How much money can Soros have? With Xiangjiang's foreign exchange reserves so large, we don't have to worry too much, right? Didn't Li Chaoren promise to stabilize the stock market? Isn't it enough for him to take action?" Fu Rongqu asked unconvinced.

"How much cash do you think Li Chaoren can put out? Do you think Soros only has his Quantum Fund? Let me ask you, if Fengyu Consulting says it will give you a guaranteed annual return of 10%, he will only take a 10% commission. Are you willing to invest your money in him?"

Fu Rongqu remained silent. If Fengyu Consulting made such a promise, then he would definitely invest. Feng Yu Consulting, when did the commissions get so low? Isn’t it always the investment company with the highest commissions in Hong Kong

In this way, the funds that Soros can mobilize are more than tens of billions of dollars. If they are all mobilized to attack Hong Kong, it is really possible to suppress the stock index!

"Uncle Fu, what we need to pay attention to now are the constituent stocks and blue-chip stocks of the Hang Seng Index. If they dare to short-sell the Hong Kong dollar, we will reversely acquire the constituent stocks and blue-chip stocks, and we must pull up the stock index."

"But if we do this, we won't make much money, and we may even lose money." Fu Rongqu said dissatisfied.

Feng Yu fell silent. Yes, doing so might hurt both sides. Feng Yu had no reason to force others to go crazy with him. He could only look at Fu Rongqi, wondering if Fu Rongqu said this on purpose.

"Not necessarily. If the operation is done well, we may not lose money. And we only need to make a gesture to prevent Soros from provoking us. It is not necessary to fight to the death with him."

Fu Rongqi doesn't really want to go up against Soros. It's not that he has no confidence, but that in the end, both sides will lose. Finally, the Fu family's assets have grown a lot, and he doesn't want to lose money again.

If we can continue to make profits in markets such as South Korea and island countries this time, it is not impossible for the Fu family to surpass Li Chaoren and his family. Fu Rongqi will return to the position of the second richest man in Hong Kong, and he can compete with Li Chaoren. Challenged head-on!

Feng Yu also nodded. Yes, if the operation is done well, they may not lose money, but they will definitely make Soros lose money, which will save him from thinking about Xiangjiang often in the future.

Of course, Feng Yu and the others have some other benefits. If their company beats Quantum Fund, more and more people will invest in their company in the future, and they will earn more money.

In early October, Feng Yu's contracts in the foreign exchange market had basically been delivered. Then Feng Yu deliberately asked Soros which country or region he wanted to attack.

Soros happily told Feng Yu that he thought Baodao was a good choice.

Feng Yu cursed in his heart, this is bullshit! Last time I used the treasure island to show off Feng Yu, but do you want to do it again this time

Treasure Island is the same as Hong Kong. In fact, foreign exchange is difficult to break. Especially at this time, Treasure Island's foreign exchange reserves are the sum of Singapore, Malaysia, Thailand and other countries, and there are massive gold reserves. If we really fight for money, Soros's Quantum Fund is doomed. To fail.

But Soros also has other tricks, such as using the media to spread some false news, causing foreign capital in those treasure islands to flee in panic, which is enough to hold the treasure islands back.

Can Baodao save the market? In fact, there is no problem at all, but at this time, the central bank of Baodao announced that it would give up support for the Taiwan dollar because they firmly believed that even if the Taiwan dollar fell, it would not fall much and would have little impact on Baodao's economy, and it would still be effective. to control the inflation rate.

All of a sudden, Soros seized the opportunity!

Five-two-zero, nine-eight, four-six-eight, welcome to the group~~ Two chapters were updated at 7 o'clock last night. If you haven't read it, don't miss it.

(End of chapter)