Sitting on the plane to Singapore, Liu Si and his entourage included more than 10 traders, bodyguards and more than 20 people, this Boeing 737 Boeing in the United States produced short and medium-range passenger aircraft only more than 180 seats, Liu Si to the airline to fill in the surprise. Pen ~ fun ~ pavilion www.biquge.info

On December 1, 1996, Singapore's Changi International Airport welcomed a huge team of more than 20 people, and no one knew that they were also one of the main culprits in the Asian financial crisis half a year later.

Singapore is the fifth largest financial center in the world, and compared with Hong Kong, Singapore is more powerful in the foreign exchange market, especially in East Asian countries.

Liu Si traveled thousands of miles from Hong Kong to Singapore because the Singapore foreign exchange market is one of the major foreign exchange markets in the world. When it comes to the development of Singapore's foreign exchange market, Japan's contribution is indelible. Since the 80s, the Asian yen-based foreign exchange market has taken root in Singapore, especially when the Japanese consortium is short the yen and speculates on the yen.

"Let's first find the rental house information separately, preferably a single-family villa for rent, followed by an independent apartment, and then gather on the Singapore Exchange after 2 hours." Liu Si released the news of looking for a rental house, and drove away from the airport with Liu's father, Xu Gang and a group of bodyguards to hail three taxis.

Sniping the Thai baht will definitely be done quietly in private, so renting a house to operate is a must, maybe in the early stage through the investment bank seats within the exchange to sell the baht, but in the end, when the scale of short selling is getting bigger and bigger, it is impossible to hide it. Therefore, it is necessary to conduct private trading in a relatively closed place (such as an apartment, villa).

Singapore is only a little over 700 square kilometers, which is much smaller than Hong Kong. Relying on the role of local taxis to know the local situation, when 2 hours of concentration, I did find 7 apartments that were more in line with Liu Si, and the villa was a little disappointed.

Give 10 million US dollars to each of the 14 traders, including Liu Shengqiang, and let them take the money to the foreign exchange market investment bank to open an account. Then Liu Si arranged for Liu Shengqiang to purchase monitors, computers, trading platforms, foreign exchange software and other securities trading equipment and software for foreign exchange trading.

This afternoon, in addition to instructing Liu Shengqiang to take some precautions, the rest of the traders and bodyguards went to the department store to buy daily necessities, otherwise they could only sleep underground at night. Now December is enough to send everyone to the hospital the next day.

"Brother Qiang, I'm going to Bangkok, Thailand tomorrow, and I hope you can stabilize things here during my absence." Liu Siyu explained to Liu Shengqiang earnestly, who made this time the funds involved a little big, "I will give you 200 million US dollars tomorrow, and I hope you can get 50 times the leverage from the brokerage." ”

Forex leveraged trading, with leverage between 20x and 400x. 50x leverage is not very high, but it is indeed not low, 50x leverage means that the short Thai baht will rise by 2%, and all the funds invested in the foreign exchange market will be lost instantly.

This is also the reason why speculators such as Soros, Tiger Fund and international own capital were able to borrow $15 billion from Thailand to raise $15 billion from Thailand to sell short in the foreign exchange market, while the Bank of Thailand only spent $2 billion to resist this wave of sniping.

"50 times leverage is no problem, but boss, you are sure you want 50 times leverage." Originally, I was happy that the boss provided 200 million US dollars, combined with the total 340 million US dollars given before, and I was finally able to do a big job. But the immediate 50 times leverage made Liu Shengqiang's heart tighten.

"Is 50x leverage a lot? Forex leverage is up to 400 times, 50 times I don't think it's a lot. In fact, Liu Shengqiang is right, generally speaking, the new entry of foreign exchange leverage is zero leverage, at most 20 times leverage.

"Boss, you naturally do what you tell me to do, but 50 times leverage is really ......"

Liu Si waved his hand to deny Liu Shengqiang's statement, "Do you know what deal I'm going to make?" ”

"Forex!"

"That's right, it's doing foreign exchange. But do you know which currency I make? ”

"I don't know." Liu Shengqiang hesitated for a moment and then shook his head and said.

"I don't know if you're talking about a bird!" Liu Si rolled his eyes and said very speechlessly, "You need to do your best to short the three currencies of Thai baht, Indonesian rupiah and ringgit, but I don't want others to notice it, so you need to grasp the details well." ”

"Boss ......"

"Don't ask, just do it." Liu Si doesn't want to say too much, so let's talk about the trend of Asian finance in the future, he can't see any benefits anyway, but there are a lot of disadvantages.

Today is the day when the blogger is online, and the depressed thing is the house that he just rented, and the network, computer, and these devices are not yet available.

Bangkok Don Mueang International Airport, located in the northern suburbs of Bangkok, Thailand, was opened on March 27, 1914. Liu Si took Liu's father, Xu Gang, bodyguards and translators and a group of 6 people out of the airport slowly along the crowd.

The 6 people were divided into two taxis, and with the help of an interpreter, they explained the attention to find the hotel first. I have heard a lot of stories about being slaughtered abroad, and this translation cost a lot of money, called Lin Zhijie, Thai-Chinese, and can be regarded as a Bangkok pass.

When he set off from Hong Kong this time, there were nearly 10 bodyguards transferred by Taizheng Security, and now there are only 4 of Xu Gang, and the rest of the bodyguards are left in Singapore by Liu Si to take care of the traders. The essence is also surveillance, after all, this time the matter is too big, and the amount involved after leverage is as high as 15 billion US dollars.

There are five major banks in Thailand, Bangkok Bank, Krung Thai Bank, Kasikornbank, Siam Commercial Bank, and the most funniest super-monopoly with the most interesting names. These banks are very profitable, and the biggest benefit of them is arbitrage, which will also occur frequently in the mainland in the future.

In Thailand, due to the threat of inflation caused by an overheated economy, interest rates for one-year maturities are usually maintained at 8% to 10% or more, and even bank interest rates are generally above 10%. However, the annual interest rate level of the Japanese yen and the US dollar is very low, several percentage points lower than that. The immediate consequence of this situation is that there is a lot of hot money in arbitrage, and even the local banking industry is very happy to borrow dollars, yuans or marks from overseas at an interest rate at least 3 to 5 percent lower than the Thai baht, sell them in the market, and then turn them into Thai baht to lend.

Since the Bank of Thailand likes to lend, Liu Si came, and this time it was a big business.

Although it has been less than a month since Microsoft acquired Zhangqu Computer Software, the mood of shareholders is definitely high, and now Microsoft's market value is about to exceed $45 billion. Microsoft's shares are high-quality assets, and the five major banks are very welcome to Microsoft's share-backed loans.

With Zhou Zhijie, a Bangkok pass, acting as a tour guide, he quickly found a comfortable hotel. When he first came to Bangkok, Liu Si did not panic to take out a loan with Microsoft shares, play for a few days first, and take a leisurely trip to relax, after all, there is still one month before Soros attacks the Thai baht in January.

There are indeed many good tourist attractions in Thailand, but the Thai ladyboy show recommended by Zhou Zhijie was rejected by Liu Si with an absolute attitude. Shemale, he will only feel disgusting and have no interest in watching it at all.

"Brother Zhou, I need to go to the headquarters of Pangu Bank for something, and I will take us there after dinner." Sitting in the hotel's restaurant, a group of people eating breakfast bought in Chinatown, Liu Si said to Zhou Zhijie at the same table.

"No problem, Mr. Liu is my boss, so he will naturally go all out if he wants something." Since Zhou Zhijie followed Liu Si, he has earned more than 20 thousand baht, nearly 10,000 US dollars, in just a few days, which is equivalent to his previous monthly salary.

I have been in Bangkok for several days, and for convenience, Liu Si spent money to rent two Mercedes-Benzes, a sedan and a business car. This is for the convenience of travel, but also for the sake of today's situation.

Bangkok Bank is the largest bank in Thailand with total assets of about 1. Founded in 1944 with its head office in Bangkok, Thailand, the 7 trillion baht (US$51 billion) is the seventh most important regional bank in Southeast Asia, and is a leading provider of services to companies and small and medium-sized enterprises in Thailand.

The current president of Pangu Bank is Chen Zhishen, the grandson of Chen Bichen, who is also Chinese, and to be honest, in the South Seas of East Asia, the wealth of the Chinese does occupy a large share of these countries. Kasikorn Bank is actually a bank run by Wu Berlin and other Chinese.

"Welcome, can I help me?" Panda Bank's ability to grow into the largest bank in Thailand is key to its good service quality.

"I have a big business and want to see your president?" A business worth 10 billion US dollars and more than 240 billion baht is indeed only the president of Bangkok Bank, Chen Zhishen, can decide.

"Please wait a minute, I'll call the president's office and ask?" In the position of the front desk of Pangu Bank, she has never seen anyone, looking at Liu Si's dress and momentum, and then looking at the murderous bodyguard behind him, this kind of person must be either rich or expensive, not offended by her small front desk service.

Chen Zhishen has just taken over Pangu Bank, and he has been working very diligently in the past few years, after all, Pangu Bank is the core of the family business, and he has not dared to slack off for the inheritance of the core position of the family.

Some Chinese people do exist to persecute the scum of the Chinese, but the development and growth of the Chen family's Pangu Bank is inseparable from the fact that it hugs the thigh of the Chinese Chamber of Commerce.

The Chen family has always been close to the Chinese Chamber of Commerce, and this time through the secretary, I learned that a Chinese at the front desk wanted to see him by name, and this Chinese was either rich or expensive, so Chen Zhishen had to be cautious.

"I'll go down and have a look." If it is the son of the big family in the Chinese Chamber of Commerce, they should be able to get their own private contact information through the Chamber of Commerce. But what's going on with this kind of fuss at the front desk of the company? However, although he had doubts in his heart, he did not dare to slack off.

The first is that snubbing customers is not allowed by Pangu Bank, and the second is that snubbing others may offend people, the Chen family may not be afraid, but his Chen Zhishen's core inheritance is not stable.