The sniping of the Thai baht by international speculators was discovered in February, and the Bank of Thailand carried that wave. In March, the Bank of Thailand used $2 billion in foreign exchange reserves to intervene and withstood it again.

In these two waves of attacks, Soros lost about $300 million, and of course some people said he lost $1 billion.

Song Weiyang's Golden Bull Capital was still manipulating Lenovo's stock price in Hong Kong City at that time, and successfully avoided the investment risk in March. Around the end of March, Taurus Capital converted all Hong Kong dollars into US dollars, began to borrow Thai baht from Thai banks, and at the same time made a large number of forward short orders of Thai baht.

Next, it's time to follow Soros to fight with the wind.

This is just the right time, it costs a lot of money to enter before the end of March, and the opportunity to enter in May is lost. Because in May, the Bank of Thailand raised the lending rate by 1,000%, and if you want to borrow the baht, you will have to pay a lot of money. At the end of May, domestic financial institutions were simply banned from lending baht, which made many speculators who started late sigh.

In order to share the risk, Taurus Capital also took out some money and shorted Thailand's stock index futures at the same time. This is also the main way for subsequent speculators to follow the trend and make money in Thailand, anyway, they are crazy short-selling with all kinds of futures.

Song Weiyang's investment was not much, less than $25 million, and finally turned into more than $61 million.

didn't make much money, the traders of Taurus Capital were still very cautious, and Song Weiyang, a traverser, didn't help much - who remembered the details. This bit of investment and profit, in that crazy sniper battle, is just a very inconspicuous small role. But it is countless such small roles that have helped Soros bring down the Bank of Thailand.

Ants can bite elephants to death, not to mention that Thailand is not an elephant, at most a donkey.

The donkey had fallen, but it was only the beginning, and there were countless hovering vultures, waiting for a feast of carrion.

In Thailand, banks are running, the stock market is plummeting, factories are closing, and the title deeds of the houses that cannot repay the loans are equivalent to blank slates. Wall Street's financial giants greedily grabbed all kinds of debt-bearing assets and bought stocks, land, hotels, buildings, and businesses at low prices, and the economic fruits of the Thai people's hard work for 20 years were eaten up by these financial vultures.

It was also the Thais who died by themselves, and the gambling was too big.

With such a big heel, Thailand has not learned a lesson, and it is quite a bit of a broken jar. More than a decade later, the Bank of Thailand's deposit lending rate reached 96%, and the Bank of Thailand did not have a margin system, and a run on Thailand's entire financial system would be paralyzed.

If such a country that remembers food and does not remember fighting, if it is not too poor, it is estimated that Soros will have to reap a wave in the 21st century.

……

The school was already on holiday, and Song Weiyang called Chen Tao on the way to the airport and said, "You gather people and prepare to go to Thailand to buy the naming rights of "Zhengda Variety Show". ”

""CP Variety Show is such a famous program, how can CP Group change the naming rights?" Chen Tao had no confidence in this.

Song Weiyang said with a smile: "CP Group is already selling supermarkets, as long as they can afford the price, they will definitely sell it." ”

CP Group sold the Lotus supermarket chain, which was sold to the British, and renamed "Tesco Lotus". Later, the "C.P. Lotus" that can often be seen in China and the international "Tesco Lotus" belong to sister companies, born to a mother's compatriots, but the sister was sold by her mother.

"Then I'll try. Chen Tao said.

Song Weiyang said: "Find a good translator, and go to Thailand after the Taurus meeting." ”

"Understand, if there is anything else to order, let's talk about it when we get to the Golden Bull Hotel. I'll hang up first, there's something else going on here. Chen Tao quickly ended the call.

Song Weiyang called Taurus Capital's custodian manager Zhu Jialiang and trader He Guoming, and asked them to move to the Philippines, Singapore, Malaysia, and finally Indonesia. Although Song Weiyang does not remember the specific process, he knows that Indonesia was the last to be injured and the worst to die.

All the international speculators who have profited in Thailand, including Taurus Capital, have gone crazy, and new institutions are constantly joining in the process, freely attacking the rest of Southeast Asia.

Malaysia is like a piece of paper, it only lasted for half a month before surrendering, and was pressed to the ground by international capital and ravaged at will.

As for the port city, it was attacked in late October, and it lasted for almost a year.

In the course of this year, the port city was used as an ATM by international speculators, and it attacked many times in a row, and each time it was able to bite off a few pieces of meat. If Song Weiyang makes black money with a clear conscience, he can also eat a lot of soup with him, and then bite Soros back when the government makes a move, so as to maximize the benefits.

Of course, that is impossible, Song Weiyang is not short of money, and even if he lacks money, he disdains to drink the blood of his compatriots.

Soros is estimated to have swelled up to the point of home, and even underestimated the determination of China and the Hong Kong government, thinking that China is as easy to bully as Britain and Thailand.

In the month leading up to the decisive battle, the Hong Kong government had $96.5 billion in foreign exchange reserves, ranking third in the world. Chinese mainland is about $140 billion, ranking second in the world. The world's second and third largest economies in foreign exchange reserves have joined forces, and Soros will take the lead to win?

The Hong Kong government even smashed land funds into the stock market just to stabilize the Hang Seng Index.

At the same time, I would also like to thank the Chinese anti-Japanese martyrs, August 15, 1998 is the anniversary of the victory of the Anti-Japanese War, which coincides with Saturday, so the Hong Kong government arranged the closing date for Monday. That day coincided with the collapse of the global stock market, and the closure of the port city just avoided the shock wave, and when the market opened the next day, the global stock market picked up again, which was simply thrilling and exciting, all thanks to the blessing of the ancestors.

Seeing that Song Weiyang hung up the phone, Lin Zhuoyun asked, "Can I go to your Taurus party?"

Song Weiyang said apologetically: "Generally, there are no family members. ”

"Oh, forget it. Lin Zhuoyun was just a little jealous, she knew that Chen Tao would definitely go.

Song Weiyang comforted: "When you get to Rongcheng, I will accompany you for a few more days." ”

Xiao Doudou suddenly leaned behind the car window, pointed to the sky in the distance and said, "The plane, it's so big!"

A plane had just taken off from the airport, and Xiao Doudou was quite excited, as if it was the first time he had seen a low-flying plane.

Lin Zhuoyun and Doudou both went home to visit their elders on vacation, only Lin Wanzi couldn't leave, and was busy opening a branch of Time Cafe.

The taxi driver kept looking at the three of them in the rearview mirror, but he didn't recognize Song Weiyang, and he couldn't figure out whether Song Weiyang was talking big. It's almost time to get to the airport, and the driver finally couldn't help asking: "This boss wants to buy "Zhengda Variety Show"?"

Song Weiyang said with a smile: "It's not about buying "Zhengda Variety Show", it's about buying the naming rights of this show." ”

"It's all the same, it costs a lot of money, right?" the driver asked.

"Not much. Song Weiyang said.

The driver was curious: "What kind of business does the boss do?" I heard you call just now, and it is Thailand, the Philippines, Singapore, and Malaysia, and this business has been done abroad. ”

"Soros, do you know?" Song Weiyang said.

"You know, I talk about this person on the radio every day, and he seems to have made tens of billions. The driver said.

Song Weiyang said: "My business abroad is the same as Soros's. ”

The driver suddenly laughed: "You brag so much, I almost believed it." ”

Song Weiyang asked, "Why do you think I'm bragging?"

The driver said, "If you're traveling with Soros and you're still coming to take my taxi? ”

"Well, master, you are so wise. Song Weiyang also laughed.