Chapter 322: Lao Tzu Just Wants to Beat You (Part 1)
Chapter 321 Lao Tzu is going to beat you
Originally, the entire foreign exchange market was still lazy, and the atmosphere became hot in an instant, and countless people began to make calls constantly, because of the convenience of the Internet now, many people operate in their own homes, and do not need to go to some halls or exchanges.
But it is precisely because of this that many people will not pay attention anytime and anywhere, so some people with regular customers, especially those with large customers, naturally have to call their big customers as soon as possible.
But it doesn't matter whether they call or not, it's useless, because all the bulls are directly liquidated, and many large short selling orders are directly smashed down, driving the exchange rate fluctuations to immediately begin to fall at a terrifying speed.
Many people may not understand what short selling means.
To use the simplest analogy, for example, the market price of a stock is 100 yuan, if you estimate that the stock will fall to 90 yuan, and you do a short selling operation of the stock, then you will sell the stock at a price of 100 yuan, such as 1,000 shares, and your account will earn 100,000 yuan, and start to accrue interest.
When the stock is reduced to $90, you will automatically buy back 1,000 shares at $90.
Of course, short selling at the exchange rate is not the same as short selling in the stock market.
But in fact, the truth is similar, so short selling does not mean that you can short sell if you want to, you must have enough currency in your hand.
The problem is that Hu Fei has more than a dozen banks in his hands, and although a considerable number of these banks are regional banks and have no business in Southeast Asia, these banks can mobilize currency for Hu Fei through cooperation with other banks.
Therefore, Hu Fei has a lot of Malay currency in his hands, when Hu Fei starts to sell a large amount of short here, if there is no long, that is, the person who buys the bull to add a single order, then the exchange rate of Malaysia's currency against the US dollar will fall, which means that the Malay currency ringgit will begin to depreciate.
What is the consequence of a country's currency depreciation sharply, I believe that many people understand without Hu Fei.
A large depreciation of the currency means massive inflation in their country, which means that the money in the hands of the people will become less than before, and prices will rise. Those things that buy bread for millions of dollars will happen, and of course it will have to depreciate to a certain extent.
However, it is impossible for any government to watch its currency depreciate, because once a storm is formed, the end result will be a complete loss of the exchange rate, and then the country will begin to turmoil, and the country will be swept away by a wave of wealth by international financial speculators.
Many people don't know how people who play finance internationally make money, and that's how they actually make money.
And once these countries start to intervene, they will have to use their foreign exchange reserves to stabilize their own exchange rates, that is, they will increase their long orders and fight against short sellers.
But in this way, if you can't compete for a short position, it means that the country's foreign exchange reserves will be completely wiped out by the enemy, that is, all the money will be lost.
And now, Hu Fei is doing such a thing, directly shorting the ringgit, and in just a few dozen minutes, the exchange rate of the ringgit against the US dollar has fallen by 7.6%, which is already a very terrifying fluctuation for the foreign exchange market.
The main reason is that Hu Fei has prepared enough information in his hands, and the emergency department of the Malaysian government has begun to intervene, and some long orders have also begun to pop up, but these long orders can't bear Hu Fei's rhythm here.
These traders are all professional, and there is a whole financial team behind the command of these traders, which does not have to worry about Hu Fei, not to mention, Hu Fei is now using 20 times the leverage for short selling here.
The so-called 20 times leverage is to use $1 as $20 to use, but there will be a margin for this operation, and if you exceed the margin, you will be forced to close the position, which is the so-called liquidation, and then you will lose all your money.
If your margin is sufficient, and your order can be maintained forever, there will be a day of turnaround. However, Hu Fei naturally does not have to worry about liquidation, although he does not know the specific number of funds he can mobilize, at least hundreds of billions of dollars are still available.
According to the leverage ratio of 1:20, $1 trillion is equivalent to the effect of $20 trillion, although the funds mobilized here may not be a trillion, but even if it is only half, it is equivalent to 10 trillion.
Do these countries in Southeast Asia have so many foreign exchange reserves? Not at all.
What's more, things are just getting started now, and the news will soon spread around the world, and then those international financial speculators will soon follow suit.
As for whether they are following Hu Fei or the Malaysian government, Hu Fei is not worried, do you think those people on Wall Street are vegetarians? These people can quickly analyze the situation.
When the time comes, with the addition of these other funds, Malaysia will not be able to bear it at all. Hu Fei looked at the curve chart on the screen on the wall lightly, although Hu Fei was not proficient, but Hu Fei could understand it.
In the office of a certain ministry in Malaysia, "Is the investigation out? Who is attacking us?" asked Malay Prime Minister Mahattan in a deep voice.
"For the time being, we don't know, the other party has at least hundreds of bank accounts, but this matter is not such a coincidence, according to the analysis of our intelligence department, it is very likely that Hu Fei did it. A middle-aged man said directly.
Mahat's breath was suffocated, Hu Fei?
"Are you sure?"
"Quite possibly, after all, it's such a coincidence, it's only a few days before and after. "This person knows some secrets, after all, the Malay government has also played some disgraceful roles in this matter, and the outside world doesn't know what's going on, but can there be some people who don't know what's going on?
Of course, it is certainly not the government that is responsible for doing the specific thing, and it is impossible for them to deal with this kind of thing anyway, in that case, who in the whole country would dare to invest here? They can be regarded as passively accepting.
But no matter how passively you accept, you are also acquiescing in some things, otherwise, there are some things that others dare not move at all.
When Mahat heard this, he immediately thought of the sentence that the other party brought back at that time, and now think about it, does this still need to be said? This is so obvious that it must be Hu Fei. At the time, I thought it was a little inexplicable when I heard those words, but now it seems that ...... This is already a blatant warning.
"Help me contact the heads of several other countries, and tell the finance department to use their foreign exchange reserves and stabilize the exchange rate at all costs. ”
"Yes. ”
At the same time, inside the Guo family, after answering a few phone calls, these Guo family members all sat together.
"This ...... It's too arrogant, isn't it?Do you just do it to the foreign exchange market?" Guo Xiaolin couldn't help but swallow his saliva and said.
"Arrogant?" Guo Xiaotian smiled bitterly, they were still honestly guarding the manor in the past few days, but he had nothing to do to check Hu Fei's information, what is this? Hu Fei has done more than this arrogant thing.