Chapter 95: The script is wrong

Because history has changed, and how much Soros has earned and lost in the original history has always been hidden in the fog.

Therefore, the difficulty of Gu Kun to snipe Soros is obviously much more difficult than those first-level chaotic worlds that directly memorize the answers and memorize historical conclusions.

Gu Kun's only grip is nothing more than two points: first, he at least fully understands the principle of Soros's hands-on work and knows how this model works.

This is already very rare, because more than 99.9% of investors in the Hong Kong dollar exchange market and the Hong Kong stock market do not know how this model works.

Those people have not yet linked the foreign exchange market and the stock market, and they do not know how to judge the change in the direction of the bears' main attack through some key nodes hidden behind a lot of superficial data.

Don't think that Liang Jinsong can understand under Gu Kun's point, which means that this matter is easy - Liang Jinsong is not an ordinary person, after all, he has been the president of the Asia-Pacific region of Blackstone Fund for many years, and he is a very good existence in the circle.

Moreover, in the original history, without Gu Kun, Liang Jinsong's funds helped the pallet protect the market very well, so he later had the qualifications to take charge of the Financial Department.

Therefore, Gu Kun's first point of grasp, although not enough to kill Soros, has greatly improved his competitiveness, allowing him to surpass 99.9% of other investors.

As for the second point of grasp, Gu Kun is in the dark, and Soros is in the light: before Gu Kun pretended to be stumped by the new economic stimulus investment in Malaysia, a large amount of capital liquidity was frozen, and even did not hesitate to end Zhu Jingye's chess piece, and spread false information in a way that wanted to be captured, just to create enough smoke bombs, so that Soros would not count Gu Kun when calculating the balance of power between long and short.

This trick can't be said to work 100%, but at least it works tremendously. Delaying Soros's judgment on Gu Kun, perhaps only a month or two before the liquidation of the position, Soros can truly recognize Gu Kun's movements.

In this way, Gu Kun saved a lot of energy in judging the majority of other funds in the market.

This is like a game of eating chicken, Gu Kun's marksmanship is actually not very good, and the perspective hanging is not completely opened - his "perspective hanging" is the historical record of his previous life. And because the importance of other small people is too low, they do not deserve to be written in history books, and only big people at the level of Soros can be written.

This is like Gu Kun's perspective hanging is incomplete, he can only see where Soros is alone, and he doesn't know where the other 98 weak chickens' enemies are.

However, Soros relied on his true skills and powerful calculations to figure out where the other 98 people were, but he couldn't count Gu Kun, who was hiding in the shadows and had already lost a smoke bomb.

Gu Kun's safest way is to stop trying to figure out where the other 98 people are, he just needs to see through Soros, avoid Soros's sight and position, and wait for Soros to find the other 98 people and kill the other 98 people.

When there were only two people left, Gu Kun ate chicken for the last time.

And this is not an ordinary chicken, but a chicken that "does not show how many people are left", and it is entirely possible that Soros will think that he has been lucky when he kills 98 people.

As for the determination of the authorities to protect the disk, and the strength of the national team to protect the disk, there is no need to worry about this, the two time and space have not changed. These forces have absolute combat effectiveness, which can be inappropriately compared to poison rings and bombing zones.

In fact, Soros himself also knows the determination of the Hong Kong authorities to protect the disk in the face of the depreciation of the Hong Kong dollar, and knows that the authorities want to protect the foreign exchange completely and can protect it, and this kind of disk protection behavior is also normal and reasonable.

The only thing Soros didn't expect was that in history, the foreign exchange management department of Xiangjiang would unite with some national teams to protect the stock market - as long as they protect it, they will definitely be able to protect it.

The reason why Soros feels that he will not protect it is because once the stock market has a policy market protection, it will hit the assessment of an economy's financial freedom in the world, and it will make foreigners feel that your trading here is not absolutely free, and there will be fewer people to play with you in the future. In the past, those economies that advertised "absolute free trade" have always been the practice of "protecting foreign exchange but not stocks".

Therefore, from this point of view, comparing the money of the national team and the foreign exchange bureau to the drug circle and the bombing zone is absolutely not to look down on them.

Any international private investor knows that once this force makes a move, it will not be able to withstand it. The only uncertainty is that you don't know if he's going to make a move.

There is no warning in this bombing zone, there is no countdown to this poison circle, and you don't even know if it will shrink.

......

With such local advantages and selective perspective hanging, Gu Kun's pace of entering the market is also very steady.

Liang Jinsong followed the rhythm discussed with Gu Kun, and only began to consider a tentative entry on March 10, after the key point when the Hong Kong dollar had just fallen below 8 yuan against the US dollar.

"Boss! The spot exchange price broke through the 8 yuan mark at 4:30 a.m.! By 9 o'clock in the morning, it had fallen to 8 yuan and 1 cent 7 at once! It should have been smashed down by a huge number of orders taking advantage of the sluggish regulatory response!"

This was the first message Gu Kun got on the morning of March 10.

Gu Kun's reaction was very fast, but he was also very calm: "Don't rush, wait and see for a few more hours, let the sensitive small scattered panic and the reaction of the supervision move, and we will act again." ”

Let the bullets fly for a while.

The biggest difference between foreign exchange market trading and the stock market is that there is no closing in the foreign exchange market, while the stock market has a closing.

To be precise, it is not that every trading market does not rest, but because foreign exchange is the whole world to speculate on this money, so the trading hours of each market can be connected to cover 24 hours a day, 7 days a week. Anyway, there is a time difference between countries, Xiangjiang has slept after work, New York, London may have just gone to work or worked for a long time.

It's just that when encountering a relatively small currency like the Hong Kong dollar, there are obvious peaks and valleys in its trading session. During the business hours of the local foreign exchange exchange in Hong Kong, the trading volume of Hong Kong dollars must be relatively large, and the trading volume of the Hong Kong foreign exchange exchange is small during the rest of the exchange.

Xiaosan has to sleep after all, so the general large-scale raids like to be launched when the New York market is open and the Xiangjiang side is sleeping, and it can be arched forward in a few hours.

At this time, Gu Kun knew that he must let those who were not firm in the people vent first.

Sure enough, at around 10 o'clock in the morning, some Xiangjiang locals who slept late and didn't pay attention to the market in the early morning began to panic.

These small scatters saw that they had broken through 8 blocks overnight, and even 8 pieces of 2 might be lost, and they thought that "Soros's offensive was too fierce, and the State Administration of Foreign Exchange had given up protecting foreign exchange".

In the streets and alleys, the core financial district of the entire Xiangjiang River, everyone is full of rumors.

Calling on the phone, taking advantage of the point of going to work to ask for a short vacation of an hour, or pretending to go to some tea restaurant for morning tea to chat with the so-called "insiders".

Then, tens of thousands of Xiaosan, who thought they were the most treacherous and reacted the fastest, became Soros's accomplices, and they threw Hong Kong dollars to buy US dollars in a run on Hong Kong dollars.

After a bit of panic, he really helped Soros break through the 8 pieces 2 mark.

In the exchange rate market, from 7 yuan 9 mao 8 to 8 yuan 2 in one morning, this is already a large market, the equivalent percentage has a decline of nearly 3%, and it also has a symbolic additional panic effect of breaking through the integer mark.

Just imagine, in 2005, after holding back for so many years, the renminbi announced its appreciation against the dollar, and it rose by 2% after the news came out. The market here is easily 3% in a natural day, which is enough to panic.

After all, the Hong Kong dollar system is relatively perfect, unlike the Thai baht, which has a flawed exchange rate design, and cannot be compared with the Thai baht, which falls by 10% a day.

About after lunch, the foreign exchange management department finally started to work, Gu Kun saw that the level of 8 yuan 2 was reclaimed, and returned to 8 yuan 1 mao 6 at 2 o'clock in the afternoon.

"The determination to protect the disk has been revealed, shall we keep up this time?" Liang Jinsong professionally analyzed to the big customers.

Gu Kun is sitting in the VIP reception room of the Asia-Pacific headquarters of Blackstone Fund at the moment, with a large screen for market monitoring next to him.

He touched his beard: "Try it with one hand, but don't increase leverage, first test the water with 500 million US dollars." ”

Liang Jinsong thought for a while: "500 million to buy the order can't make a splash at all, let's increase the leverage a little, the principal is still 500 million, and the remaining 1.5 billion is not moving, which is convenient to operate." ”

Gu Kun nodded, anyway, the rise and fall won't be too big, it doesn't matter.

Liang Jinsong used 500 million principal and double the leverage to buy 8.16 billion Hong Kong dollars first.

The billions of buy orders in a single day are still quite considerable, and Gu Kun's hand directly made the purchase price rise to 8 yuan 12 for 1 dollar.

This also gave Gu Kun a clearer understanding of the required trading volume for disk protection.

"According to this algorithm, if you invest $5 billion to buy Hong Kong dollars, you can recover the 8 yuan mark? We are doing it, and the people at the State Administration of Foreign Exchange should be doing it too, probably soon. Gu Kun judged.

Liang Jinsong: "Do you want to follow again? Just now, we actually only bought 8.13 billion, because our buying itself pushed up the exchange rate, so not all the money was traded at the entry point." ”

Gu Kun thought for a while: "Yes, but don't be too frequent, let's take a look when most of the small people are about to get off work, or at night." Let's see how determined Soros is. ”

Throughout the afternoon, the market was very stable, 8 yuan 1 was recovered, breaking through to 8 yuan and a few points, this kind of market that fell 3% in one day and rose back to 2%, in the foreign exchange market is really as exciting as a roller coaster.

Unfortunately, when the 8-block mark was almost recovered, the resistance rose sharply.

"Soros's people have released the volume all of a sudden! At least 80 billion Hong Kong dollars of big selling orders! Equivalent to the principal of 10 billion US dollars after leverage! Not only did they confiscate 8 yuan, but they also broke through 8 yuan 2 and 8 yuan 3 again!"

After Gu Kun saw it, his face was slightly solemn.

Just one afternoon, he made about $40 million.

However, in his hand at this dinner, he lost $40 million again, and he lost 30 million.

One in and one out is 70 million US dollars, fortunately, they haven't cut the meat yet, just covered in the city, and the pathfinders who threw bricks and bricks to lead the jade were not distressed, they were originally going to the mines.

"What do you think Soros is thinking? Is it necessary for him to spend so much money in the foreign exchange market? This is different from the shareholder Huifu that we judged before. Gu Kun couldn't help but ask Liang Jinsong, a professional.

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