in the office.

Zhao Jiangchuan sat on the main seat and talked and laughed.

His face was very young, and he had a calm bearing that did not match his face at all.

The mixed temperament gives him a different temperament.

His tone was flat.

It seems to be telling a story that has nothing to do with him.

On the opposite side of Zhao Jiangchuan, George King was already dumbfounded.

He could barely believe what he was hearing with his ears.

Every word of Zhao Jiangchuan was like a hammer smashing into his chest.

As for the new chief executive of Standard Chartered Hong Kong, Zhang Xiaolei.

This capable and calm lady is even more unbearable.

Her face turned pale.

On his forehead, I don't know when dense beads of sweat appeared.

The short hair on the sideburns, a few of which were already wet with sweat.

But Zhang Xiaolei didn't seem to notice it.

Outside, the cold wind began to howl again, and the goose-feathered university was falling again.

But no one went in the unexpected face of the heavy snow.

Zhao Jiangchuan smiled silently, gently picked up a cup of coffee and tasted it slowly.

The coffee was brewed by Ouyang Lan, which was very in line with Zhao Jiangchuan's taste.

Mellow aroma, no added sugar.

Zhao Jiangchuan's movements are very elegant.

so elegant that the words just now didn't look like what he said at all.

George King's eyes were complicated, and he continued to savor everything Zhao Jiangchuan had just said.

Zhang Xiaolei struggled to recover from the shock.

But the trembling and fear still made it difficult for her to hold herself.

The main factor that dominates the price of goods is supply and demand.

This is a basic logical relationship in the economy.

Under the over-issuance of the Thai baht, it is impossible to maintain a fixed exchange rate under this unbreakable logical relationship.

There is an irreconcilable contradiction between the two.

When this contradiction is amplified, the Bank of Thailand has only two options.

Take the initiative to liberalize the fixed exchange rate system, or shrink the amount of money supply.

You can only choose one of the two.

However, due to various factors and face problems, the Bank of Thailand has chosen to maintain the fixed exchange rate system.

In this case, the Bank of Thailand can only passively choose to shrink the amount of money to be put in the market.

The money sent out is like the water that is spilled out of the marriage of a daughter.

If you want to take it back, it's not that simple.

It is impossible for a government to ask the people to voluntarily hand over the Thai baht in their hands.

It is impossible for the people to take the initiative to hand over the baht in their hands.

What to do?

Cold.

The Thai stock market, after eight years of development, has become very large-scale.

In the market alone, there are hundreds of billions of baht in turnover every day.

Housing prices have risen dozens of times in the past ten years.

In these two markets alone, a large amount of Thai baht has been precipitated.

No matter what the system is under the country.

The capital market and the real estate industry are not something that ordinary toiling people can play.

People who can play with capital, who can invest in real estate, who can invest in stocks, who can buy houses.

Pushing up Thailand's stock market and real estate industry are Thailand's wealthy businessmen, international capital, and the middle class.

These people are very rich.

None of them will be truly poor.

These people are relatively wealthy.

Without money, it is impossible to dare to play speculation.

One thing is the same for any country in the world.

Rich people love immigrants.

Only the rich will take the baht to exchange it for dollars.

If these bahts are vaporized back to the central bank, if these bahts disappear from the market.

The Bank of Thailand's foreign exchange pressure is bound to be greatly reduced.

If the amount of money put in is reduced, the relationship between supply and demand will change, and the relationship between supply and demand will change, and the fixed exchange rate system of the Thai baht will be maintained.

Ten years of economy, twenty years of future and 100 years of national fortune.

The Bank of Thailand has no choice at all.

…….

Bangkok, Thailand.

within the stock exchange.

Under Liu Qiang's command, the traders' hands were rapidly tapping on the keyboard.

Tel Thai, sold 100,000 lots....

After a sell order of 100,000 hands was smashed, a hook was smashed into the upward trend of Thai Telecom.

Immediately afterwards, large sums of thousands of sell orders poured out.

Soon, small buy orders were swallowed up by the sudden surge of sell orders in the market.

In just two minutes, Telkot's gains fell back by five percent.

At the same time.

Dongfang Power has also been violently suppressed.

In a sell order of 200,000 lots, Dongfang Power's increase was smashed by 2 percent.

This 2 percent drop is like smashing a gap.

Random comes with countless sell orders to follow.

10,000 lots, sell.

Ten lots, five lots, buy.

5,000 lots sold.

Buy three lots and thirty lots.

Soon, the buy order fell into a sea of selling.

It's almost in a moment.

There was a lot of sell-off in several heavyweights such as PetroThailand and Bank of Thailand.

Under the sell-off of thousands of hands, the prices of these stocks began to dive wildly.

The SET index closed at 988 points in the morning.

Five minutes after the opening of the afternoon session, it was smashed to 950 points in the diving of the major weights.

The 960 support failed.

The support of this reversal, if a piece of thin paper, can be easily broken down under the pressure of weights.

"SET plus 100,000 hands ......"

"Thai Power, first break through the five-day line support ......"

"Thai oil, sweep away all buying. ”

Trading seats.

Liu Qiang commanded in an orderly manner.

But there was excitement on his face that he couldn't hide.

Under Liu Qiang's command, the named stocks will fall sharply.

The feeling of raping the market made him feel indescribably exhilarating.

That pleasure was even cooler than blowing ten women.

The thought of countless retail investors being raped in the market made him simply unable to suppress that excitement.

Since Jushi Asset Management has invested 120 billion baht in the market.

After the distribution of 80 billion, the six weighted stocks held by it have a high degree of control.

When the largest main fund began to maliciously smash the market, no one in the market was able to take this terrible sell-off.

Soon, the stocks that had risen by about 15 percent in the morning were smashed and only 5 percent were left.

The SET index of the Thai stock market was also smashed from a maximum of 988 points to 933 points.

The financial market has linkage and conduction.

In the rapid dive of the large-cap SET index, some small-cap mid-cap stocks also followed the crazy dive.

Among them, mid-cap stocks Chiang Mai Electromechanical and Southeast Hi-Tech swallowed all the gains of the day.

As for some small-cap stocks, the situation is even worse.

More than a dozen small-cap stocks were smashed into a downward state under the collapse of the broader market.

"Why did you suddenly dive into the water?"

"It is estimated that it is a washing bar, and it is normal to wash the dishes after a few days. ”

"It's finally down, it's a chance to get on the bus. ”

"It's not, it was so long some time ago that I was so scared that I didn't dare to chase it, but fortunately I waited for a few days, and now I can buy it a little lower. ”

In the sales offices of major securities companies, Thai investors gather to exchange views on the market.

Sadly, no one knew what would be the nightmare that awaited them.

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