After the phone rang a few times, Feng Yu picked up the phone calmly: "Hi, George."
"Von, I think we need to have a talk."
"I think so too, so where do you think we should start talking?" Feng Yu had a playful smile on his lips.
"Feng, the funds that have been stabilizing South Korea's exchange rate recently are yours, right? South Korea's response methods are also yours, right?"
Originally, South Korea was forced to report only contracts with more than 1,000 lots, but Feng Yu and the others secretly gave South Korea an idea. Short-selling contracts with more than 100 lots must be reported, and the holder must be indicated!
Although this will increase a lot of workload, it can clearly grasp the opponent's movements so that they can adjust their strategies at any time. And Soros was completely exposed, letting everyone know that Soros was short-selling the Korean won in large quantities.
In addition, interest rates will be adjusted to normal and short-term lending of Korean won will be strictly restricted. This is also one of the most practical means against Soros and others.
"How could it be me? I don't know who it is." Feng Yu refused to admit it. Anyway, Soros had no evidence.
Soros was stunned. He didn't expect Feng Yu to deny it. If you don't admit it, I won't know it's you. Who else is there besides you
"Okay, Feng, I won't ask about this. I want to know if you are interested in cooperating again?" Soros believes that in the face of such visible benefits, Feng Yu has no reason to continue to confront him.
In fact, Soros was already at a disadvantage when he made the call. He lowered his profile just to make money. Of course, if he makes enough money, he will find another way to target Feng Yu, so who knows
"Cooperate again? How?" Sure enough, Soros came to seek peace.
"We have joined forces to suppress the South Korean won. Now South Korea's strategy is good, but it has a fatal flaw, that is, it needs huge foreign exchange reserves as support. And their foreign exchange reserves have been almost exhausted. Although they have raised some funds, they have also It’s less than 10 billion U.S. dollars. As long as you and I join forces, it will be easy for the Korean won to fall below their expectations, and they can only adopt a floating exchange rate system to solve their difficulties, otherwise it will cause severe domestic inflation!”
Serious inflation can hurt a country more deeply than a financial crisis, and it is far more difficult to get out of inflation than a financial crisis.
Once the Korean won falls sharply, South Korea will have only one choice. The lesser of two evils, Soros had already predicted it.
At that time, no one could stop Soros and the others from making a fortune.
Of course, the sooner this happens, the more Soros will make. After all, Soros is losing a lot of money every day now.
Moreover, Feng Yu must have a large amount of Korean won in his hands now. If he sells with him, he will definitely catch South Korea off guard, leaving South Korea without a chance to resist.
"But they still have nearly 10 billion US dollars, don't they? Why don't you let them spend these 10 billion US dollars first?" Feng Yu suggested with a smile.
Soros was silent. Sure enough, Feng Yu made this request.
This means that Soros will sell another 10 billion US dollars of Korean won to let South Korea take over, thereby mobilizing South Korea's last remaining funds.
And Soros will naturally have to lose some more, and the available funds will be even less.
And another important point is that Soros's risk has increased a lot. He must buy some contracts with the appreciation of the Korean won as a hedge to ensure that his short-selling contracts will not be liquidated.
As a result, Soros' profits will inevitably be reduced a lot.
If everyone invests together, others will earn more than themselves, and they will pay more. Who can be happy
Feng Yu didn't say anything, just waiting for Soros to think about it. Since Soros took the initiative to call, it means that Soros's funds are also in a hurry.
"Feng, when we do business together, we should be on equal footing."
"George, don't you want your Quantum Fund to be famous? This time I advised those people in Hong Kong to back off, but their reputation has also been affected. In the eyes of others, it is you, Soros, who has once again won a great victory. Sorry for the shame!"
Soros's last defeat in Xiangjiang also had a considerable impact on his reputation. At least there were significantly fewer people following him.
But this time, Feng Yu asked the Fu family to take the lead and challenge Soros in the name of the fund company that once defeated Soros in Xiangjiang. Once they retreat, Soros's reputation will return to its peak, which is also very important for an investment fund.
Feng Yu's meaning is very clear. Why do you, Soros, want fame and gain
You can indeed get fame and fortune, but you have to focus on it. If you want more fame, then the benefits will be less. If you want more profit, that's fine. Just admit defeat.
Soros must not claim to have failed. Then his Quantum Fund will inevitably have many withdrawals, which will not only affect the current profits, but also affect the future of the Quantum Fund.
Soros is also hesitant. He must maintain the reputation of Quantum Fund. This is also to maintain his reputation as the world's number one hedge fund manager. This reputation alone can bring him huge benefits.
But if according to what Feng Yu said, he continues to invest a large amount of money, then this time in South Korea, Feng Yu's profits will exceed his again, and it will be even more difficult for him to move to Xiangjiang in the future!
Is Soros really going to fail once and not even have the chance to avenge his shame? Or is it that he can only avenge his shame on the surface, but in fact he still loses
Fame or fortune, which one is more important
There was silence on the phone for a long time, and then Soros's voice came: "Feng, just do as you say, I will continue to sell 10 billion US dollars of Korean won, and then we will do it together. This time, Quantum Fund won, right?" ?”
"That's right, this time, it was Quantum Fund that defeated the wealthy group in Xiangjiang." Feng Yu said with a smile.
Let you take advantage of it verbally. Anyway, it is enough to put the profits in your pocket. Soros wants fame, Feng Yu wants profit, and those wealthy groups in Xiangjiang are also looking for profit.
And I believe that after this time, Soros will not continue to try to attack Xiangjiang, unless Soros can raise more funds, but it is not realistic.
"Okay, then just wait for my good news."
"Wait a minute, George. I found that there are still some futures contracts in Xiangjiang. I wonder if you can persuade them to deliver?"
Soros did not expect that Feng Yu would also discover the backup plan he had reserved.
"Okay, I'll convince them."
After hanging up the phone, Feng Yu showed a victorious smile. Although Soros could not suffer a big loss this time, Soros would never make much money in South Korea. After all, Soros invested too much.
The funds reserved by Feng Yu can be used to short-sell the Korean won. This time, Feng Yu and the others will take most of the profits from the South Korean market! To be continued. ..