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"Uncle Fu, how many people have agreed to entrust their funds to you?" Feng Yu asked with a smile.
"There are a lot of them. I didn't expect them to be crazier than I thought. They are all so big on gambling." Fu Rongqi shook his head. These people really dare to invest.
It doesn't matter if you invest, it's normal to spend all your money on an industry when you have your sights set on it, but they are not stable enough and are blinded by the possible benefits.
The benefits are only possible, not guaranteed. Such an irrational investment is not even a person. It is really ridiculous!
The combined funds of those rich people exceed 10 billion US dollars, but this is also an opportunity for Feng Yu and the others. This time everyone's funds are combined, and those people only give 10% of the profit. According to the contract, All the excess belongs to Fu Rongqi!
Fu Rongqi and Feng Yu also signed a contract. This time they will advance and retreat together, and the profits will be divided proportionally. And Li Chaoren really joined in, investing billions of dollars and leaving it to Fu Rongqi's fund to manage.
"Then let's prepare and start suppressing the Korean won tomorrow."
Those Hong Kong rich people all short-sold Korean won, and these contracts now belong to Fu Rongqi's fund company, and the profits earned are mainly theirs. A falling won is in their best interest.
And the sudden appreciation of the Korean won this time must be the work of Soros. Soros must also have bought more contracts for the appreciation of the Korean won. The fall of the Korean won will also make Soros a little better off.
And in fact, attacking the Korean won is also something Feng Yu likes very much. South Korea's economy has suffered a setback, so the development pace of South Korea's large companies will inevitably slow down.
…
"Boss, our guess is correct. Those wealthy people in Hong Kong have indeed been held back. All of them are selling short contracts, and few are doing hedging." Zhu Ken Miller was a little excited.
"Hmph, those short-sighted people, in order to maximize profits, don't even consider whether they have the ability to save themselves. How about it, has anyone come to help?" Soros asked proudly.
"We have observed the capital movements of Feng, Fu and others, and they are definitely preparing to suppress the Korean won. As for us, should we continue to push up the Korean won, or should we deliver these contracts quickly and sell short in the opposite direction?" Zhuken Miller asked road.
"Naturally, we need to let them invest more first. We also need to establish a short-selling contract to hedge. If they suppress the Korean won, we can make more money."
Soros shook the wine glass in his hand. The first two times when everyone shorted currencies, he was the main one who suppressed it, and Feng Yu followed suit. This time he wants Feng Yu to be the main player, and he will make money along the way. Even after he suddenly evacuated, he could trap Feng Yu's funds here and let Feng Yu confront South Korea!
Until now, he didn't know how much money Feng Yu had. Moreover, he only knew a rough idea of the funds of the wealthy people in Xiangjiang.
But he has already used all his cards and has no more funds to join. However, he still has his reputation. For example, the rise of the Korean won this time is not due to him alone, but to contacting some other internationally renowned speculators and asking them to join forces with him.
This time Soros will pretend to raise the Korean won and let Feng Yu and the others invest more. Then he will build a reverse position at a high position and earn more profits than Feng Yu and the others!
Perhaps it can be delivered in advance and the Korean won can rise again, which will make Feng Yu and the others hemorrhage this time!
…
"President Park, our Korean won suddenly started to fall again. Someone is selling a large number of Korean won at low prices!" A person ran in to report in a panic.
"What's going on? Didn't it mean that Soros and those people left?" Park Youshin was shocked. He was still thinking about how to stabilize the Korean won exchange rate. Why did it suddenly fluctuate violently again
"We don't know. We are obviously looking at Soros. There must be outsiders, or Soros and others have some accounts that we don't know about."
“Has Soros’ contract been delivered?”
"No, their contract to buy the Korean won's appreciation is still there."
Park Youshin breathed a sigh of relief, that's good. In this case, Soros will have to raise the Korean won, otherwise Soros himself will also lose money.
Park Youshin never thought about it. If Soros also shorted the Korean won, how should they respond
In the next few days, Park Youxin's mood was like a roller coaster. He watched the Korean won fluctuate violently. It rose a lot today and fell a lot tomorrow. It was no longer under the control of South Korea.
He now understands that there are two groups of funds fighting with the Korean won as a weapon.
Park Yoo-shin wanted to cry, you international speculators, what's wrong with playing other things, you have to play foreign exchange? Even if you are playing foreign exchange, if you go to other countries to play, why do you have to target the Korean won
Do you know how difficult it is for us? We have called on all the people to donate gold and use gold to stabilize the exchange rate. Now our artists are almost out of gold jewelry.
What on earth are you going to do? Can you give me a good time
This is the first time that Park Yoo-shin has encountered such an exciting situation. Even in Thailand, this kind of thing has never happened. This is Korean won, why is it like a basketball in your hands, snatching it back and forth.
…
"Niece Feng Shi, how are you? Have you found out Soros's background?" Fu Rongqi asked with a frown.
In the past few days, he and Feng Yu have invested a lot. Soros is really difficult to deal with. He can always open a position at the most appropriate time and make a fortune.
As a result, the orders of other wealthy people in Xiangjiang have been delivered, and they did not lose money, but they also did not make any money. They have used so much capital but can only maintain their capital. How can this satisfy them
"Come on, I think as long as this happens, Soros will have no choice but to compete with us for funds!" Feng Yu looked at Fu Rongqi, "We used public opinion to build momentum, saying that Soros would make the Korean won plummet, and we adopted a desperate posture. , and it should be noted that we were the team that defeated Soros last time!”
Isn’t Soros not going to fight Feng Yu head-on? Then Feng Yu made Soros have to fight. The reason why Soros can control so much money is because of his reputation as the number one hedge fund manager.
If Soros does not fight this time, Soros will fall from the altar, which will be a big blow to Soros' Quantum Fund.
Without those investors who follow the trend and without trust in Soros, Quantum Fund will become mediocre and will no longer be the magic that responds to everything!
The next day, the news media reported that many businessmen in Hong Kong formed a group to help South Korea and jointly maintain South Korea's exchange rate unchanged. Soros wants to suppress the South Korean won, so he has to pass them first!
Although raising the Korean won will make them much less profitable, it has many benefits, such as gaining the upper hand in public opinion, gaining support from South Korea, and making Soros lose people's hearts even more.
Soros was furious when he saw the news. Okay, you are actively inviting a fight. Do you really think that I, Soros, am a fool
I will let you know that confronting Soros and me will be the biggest mistake of your life!
…
Park Youshin really cried this time. Damn it, you two have officially started a war. Why is Mao’s battlefield here with us? Why! (To be continued.) Mobile phone users please visit m.read for a better reading experience.