[Today's first update!]

Liu Ruihua said with a smile: "It's not good to be the king of the mountain, after all, they are all fraternal countries, right? Therefore, we can't see their economy completely collapse, that won't be good for us." ¤ Top Fiction, We Must Carry Forward Internationalism!"

Song Shihai rolled his eyes and said, "Internationalism, isn't it? I have never seen you so shameless." Since it's a fraternal country, why are you taking advantage of the fire to rob it? Okay, I know how it works!"

Song Shihai is a master trader in this regard, and Liu Ruihua just takes care of the overall situation.

Song Shihai's face turned red with excitement, and his eyes looked bigger and brighter than usual at this time, as if a hungry wolf was seeing a sheep! The computer screen showed the actual number of foreign exchange markets in Japan, South Korea, Thailand, Singapore, Hong Kong, and other places. Liu Ruihua and Zhao Shanyue didn't say anything, but just asked Song Shihai to operate firmly according to the original plan.

The expert group was in a hurry, Song Shihai and Xu Fuyin kept commanding, and they were very busy!

Liu Ruihua knew that this time the Thai government was really bad and was about to go bankrupt. But "bankruptcy" can make money, and if it "collapses", it will be dead, then it will be a big game.

The easiest way to make a profit by speculating on the Thai Baht is to short the Thai Baht in the foreign exchange spot market.

In anticipation that the Thai baht will depreciate against the US dollar at some point in the future, a large amount of Thai baht will be borrowed from relevant channels in advance, and the Thai baht will be sold in the foreign exchange spot market to obtain US dollars. After the depreciation of the Thai baht. Then buy Thai baht in US dollars from the foreign exchange spot market to repay the loan. The remaining dollars after debt service constitute speculative gains.

The trading method of foreign exchange spot contracts is actually similar to the above process, except that the leverage effect of guò margin magnifies the transaction amount, also known as margin trading.

In addition to speculating on the Thai baht in the foreign exchange spot trading market, another common way to attack a domestic market is to borrow the Thai baht forward contract from an investment bank and sell it, and the Thai baht depreciates before the forward contract is delivered. Close the position in the opposite direction. to make a profit.

Forward contract trading is similar to futures contract trading. But before the crisis hit, futures contracts lacked receivers. Volume is extremely sluggish, and currency speculators are rarely involved, except for the ability to open short positions three to five months in advance.

A more sophisticated method of speculation is to first short Thai bonds, stocks and stock futures in the Thai securities market, and then short the Thai baht in the foreign exchange spot and forward markets, and then make a double profit when the Thai baht depreciates and the Thai securities market collapses.

The Quantum Fund Fund and other main forces in the Thai Baht are well prepared. It is bound to establish a large number of short positions at the same time through a variety of trading methods, and finally through guò spot, spot contracts and forward contracts, the Thai government's defense will be completely defeated.

It can be said that after the Thai government abandoned its defense, it was a carnival feast for bears.

After the Thai government gives up resistance, the Bank of Thailand will not continue to take over in the foreign exchange market within a tolerable range, and the financial giant after the short position is closed will lose its target at the Thai baht line, but the Philippines, Indonesia, and Malaysia, which were originally known as the four Asian tigers together with Thailand, have naturally become new prey.

It's a pity. There are risks in the sharp oscillation of the Thai baht, and Southeast Asian countries have sharply increased the interest rate of offshore lending in the local currency of banks to punish European and American investment banks who lend money to currency speculators.

Investment banks lend money to speculators to speculate in order to collect commissions to make profits, but during the period of strict supervision, they must lend money from the central banks of the currency banks to ensure their own currency adequacy ratios, and the interest rate on the loans has increased significantly, and the cost of investment banks for these speculators has also increased. It is also inevitable that they will be forced to significantly reduce the leverage ratio of contract transactions and increase commissions.

International currency speculators are now almost forced to short sell in the spot market, but the bloodshed of the baht's initial win will attract more profit-seekers.

There is no leverage, or there is a significant weakening of leverage. It is not surprising that the attacks of the rest of Southeast Asia will be weakened, but that the profits spread evenly over each currency speculator will be greatly reduced.

Liu Ruihua knew this very well, so how could he give up this good opportunity to rob while the fire was hot?

The only pity is that the largest period of depreciation of the rupiah was after the first round of financial turmoil. The Indonesian rupiah has depreciated the most in the goods market of Southeast Asian countries.

Right now, Thailand's foreign exchange and financial markets are in chaos and bleakness.

Thailand's stock market and property market collapsed. The economy is in a complete recession.

Liu Ruihua read a report. Thailand's stock exchange market has exploded from the economic crisis. In the past three years, a total of 77 listed companies have been forced to withdraw, none of which have been successfully listed on the Thai Stock Exchange, and the largest oil company owes tens of billions of dollars in foreign debt.

The violent turmoil in Thailand's financial market has also affected the entire Asian financial market, and Hong Kong's Hang Seng Index has continued its downward trend of oscillation some time ago.

Liu Ruihua remembers the history he experienced. The economic crisis in Southeast Asia has been blowing for almost a month. The Hang Seng Index is still trying to hit a record high, which just allows international speculators to have enough time to establish a large number of short positions in the Hong Kong stock and futures markets after ravaging Southeast Asian countries - surprisingly, during that time, the Hong Kong financial media completely ignored the scale of the Southeast Asian economic crisis and the impact it may have on the Hong Kong capital market, and the international speculators who entered the Hong Kong financial market in advance added fuel to the fire, so that the Hong Kong financial market became an ATM for international speculators from October '97 to July '98! Now, history has advanced and Liu Ruihua has appeared. Of course, Liu Ruihua has to change something.

Song Shihai, Zhao Shanyue, and Xu Fuyin want to take Liu Ruihua to the Vilia Hotel to celebrate! There are more Asians in that hotel, and everyone likes to live there.

Liu Ruihua looked at her watch, and called Li Yumei, asking her to take Xu Fuyin's friend Li Ya to the Vilia Hotel to celebrate together.

Li Ya is Xu Fuyin's girlfriend in the expert group, but Xu Fuyin doesn't seem to have completely done it. Li Yumei is free these days, so Liu Ruihua asked her to play with Li Ya.

When Liu Ruihua arrived at the hotel, he left Song Shihai behind, and Xu Fuyin went downstairs to the lobby of the Vilia Hotel to wait for Li Yumei to come back.

Liu Ruihua helped Li Yumei order drinks and snacks at the tea house, and it took them more than ten minutes to come over.

Xu Fuyin must have been shocked by the scene of making money today, and he always showed a thoughtful look, a little taciturn.

Liu Ruihua smiled faintly and asked Xu Fuyin: "What do you want? Want to make more money? Hey, this world is a ceasefire and two heavens! Now, hehe, there are always people who go to heaven and people who fall into hell!"

As soon as Liu Ruihua finished speaking, the phone rang, Liu Ruihua answered the phone, Li Yumei and the others were about to arrive at the hotel and asked him where he and Xu Fuyin were waiting for them.

"When you walk in the hotel lobby, you can see me waving to you!" Liu Ruihua said with a smile: "Or do you want me to come out to greet you in person?"

"Ahh

But at this moment, Liu Ruihua heard Li Yumei's sharp and frightened scream on the phone, and he didn't know what was going on, so Liu Ruihua pulled out his legs and ran over to the outside of the lobby! Could something have happened?

Out of the hotel, Liu Ruihua saw an object skimming through the glass door of the Vilia Hotel and smashing to the ground, the sound turned out to be so loud?

Liu Ruihua was shocked, Li Yumei and others must have been frightened when they saw such a scene!

Liu Ruihua immediately looked for Li Yumei's shadow, and saw Li Yumei and a girl standing at the door stupidly, looking really frightened.

At this time, a hotel security guard acted quickly, stood in front, and used his body to block the sight of Li Yumei and others.

Liu Ruihua quickly stepped forward, took Li Yumei's cold little hand, and hurriedly comforted her. At the same time, he comforted Xu Fuyin's girlfriend Li Ya.

Of course, Xu Fuyin didn't react so quickly, he saw Liu Ruihua rushing out of the lobby when he received the call, so he was stunned for a moment, and he got up and followed out without hesitation.

After all, Xu Fuyin had never experienced such a scene, his face turned pale instantly, and he endured the huge psychological impact, walked over, stood side by side with Li Ya, and hugged Li Ya to comfort him.

The anomaly outside the lobby door caused a small commotion inside and outside the Vilia Hotel, and many people ran out of the lobby to watch.

The female lobby manager saw the crowd around the door of the hotel, and she didn't know what was going on, so she quickly squeezed into the crowd, and her slender white and tender calves were already raised, and she almost stepped on an object!

Next, the female manager finally found something, she screamed, and was anxious to retract her feet, but her body lost her balance and fell to the ground!

Liu Ruihua was in a hurry and pulled her arm, and at this time, a hotel security guard came over quickly and held the lobby manager up.

"Ah......" The lobby manager was unprepared and cried in fright.

"This is not Southeast Asia, I didn't expect that someone in Sweden also jumped off the building? But at first glance, it is a Thai, right?" At this time, Zhao Shanyue came down, glanced at Liu Ruihua, and said a little frightened.

Liu Ruihua gently hugged Li Yumei. used his body to block her vision, and then said to Zhao Shanyue: "There are a lot of Asians in this hotel." Alright, let's get out of here, the police will be there soon. After Liu Ruihua finished speaking, he hugged Li Yumei, Xu Fuyin, and Li Ya and they went to the hotel first.

Seeing Li Yumei trembling, Liu Ruihua said: "Hey, Li Yumei and I went to Shangri-La Hotel, there is no way to stay here! Considering Li Yumei's current situation, Liu Ruihua decided to immediately go from the Vilia Hotel to the Shangri-La Hotel, which would make Li Yumei feel better. (To be continued......)