Because of the acquisition of the Federal Foreign Trade Bank of the Russian Federation, Liu Si transferred part of the funds in the index futures account, which made the leverage of shorting the Hang Seng Index increase to 7 times. Pen "Fun" Pavilion www.biquge.info

At present, the exchange rate of the Russian ruble is about 8,210 rubles to one dollar, and when the Central Bank of Russia released the seventh generation of rubles on January 1, 1998, the exchange price of the old ruble and the new ruble was 1,000 rubles to 1 new ruble, and the official initial exchange rate of the new currency was 5.5 new rubles to one dollar.

It can be seen that the interests are huge, but the most important thing at present is to use the Federal Foreign Trade Bank of the Russian Federation to collect a large amount of old rubles from the people.

The general manager of the Russian branch of Shun Tak Fund is temporarily Chen Guanghai, and of course the actual person in charge is Tan Jian. In the first three days, Chen Guanghai held an enlarged meeting of the top management of the Russian Federal Foreign Trade Bank, which was attended by more than 200 people, including the heads of five cities and outlets of the Russian Federal Foreign Trade Bank, as well as the deputy managers and financial directors of the head offices of the Russian Federal Foreign Trade Bank and the branches of the five major cities.

Seeing such a bloated composition, Tan Jian couldn't help but want to fire half of it on the spot, but thinking of the boss's instructions, he couldn't help it.

"First of all, as the absolute owner of ROSFTU, on behalf of the Shun Tak Foundation, I would like to announce one thing - starting from this month, the salaries of all dedicated employees of ROSFOB will be increased by 30%; Secondly, as a supplement to VTB, our VTB will play the role of a trade bank, and from August 10, the exchange rate of the ruble against the US dollar will be 100~200 rubles lower than the market forever. The specific situation depends on the economic situation of the bank branch in each city! Finally, the Federal Trade Bank of the Russian Federation was acquired, which is about to go great. You must exercise both self-control and strict control over your subordinates, and it is strictly forbidden to do anything detrimental to the Foreign Trade Bank of the Russian Federation. ”

As soon as Chen Guanghai announced the news, everyone present began to get excited. A 30% increase in wages is good news, but the top executives here really rely on their salaries to make their fortunes. The biggest positive is that the exchange rate of the Russian Federal Foreign Trade Bank ruble against the US dollar will always be 100~200 rubles lower than the market. This news, the high-level people present thought that this was the condition for the new owner to make profits to buy themselves and others, and no one thought about it from another angle, after all, the issuance of new coins is still in the discussion of a few high-level people.

There may not be real bankers at the top of the table here, but they don't enter the industry for a day or two, and they have a little knowledge of the banking industry, not to mention the arbitrage methods they often use. The exchange rate of the Russian Federal Foreign Trade Bank ruble against the US dollar will always be 100~200 rubles lower than the market, which can completely allow the top management to arbitrage openly. 100 or 200 rubles is not much, and it is only about 10~20 cents in US dollars, but if the trading volume reaches 1 billion rubles, 10 billion rubles, and 100 billion rubles, they can arbitrage at least 40,000 US dollars, 400,000 US dollars, and 4 million US dollars.

Tens of thousands, hundreds of thousands, millions of dollars may not seem like much, but you must know that in 1997 a loaf of bread in Russia was about 50 cents, and a high-end apartment in the center of Moscow was about 40 or 500,000 dollars. Moreover, many of the people here are not high-ranking officials during the Soviet era, so they are not doing well now.

On August 8, 1997, time flies so fast, more than a month has passed in the blink of an eye. Liu Shengqiang didn't have time to sigh, just presided over the short Hang Seng Index in Hong Kong, and worked 16 hours a day to eat, drink and lazar in the office to watch and analyze the market, in the first two days of the Hang Seng Index Convergence Average (MACD) indicator has just determined the downward trend, and now it is too late to take a vacation. He flew non-stop to Xinjiapo to preside over the liquidation of the forward contracts of East Asian currencies such as Thai baht, ringgit, peso, and Indonesian rupiah in September, which were about to be traded.

At the beginning, if he had made a short order in December, he would not have been able to absorb so many positions, and it was precisely because he absorbed 4 percent of the forward contracts in September that Liu Si was able to hold so many short positions in East Asian currencies on the Xinjiapo Exchange. Now that the trading day is approaching, and the position is a bit large, reaching 73.132 billion US dollars, Liu Si has to start closing his positions when the Thai baht, ringgit, peso, and Indonesian rupiah are still falling.

Of course, it is precisely because of the decline in currencies such as the Thai baht, ringgit, peso, and Indonesian rupiah that Liu Shengqiang rushed to Xinjiapo to close his position of 16.817 billion US dollars in the first battle, with a total profit of 6.943 billion US dollars. Among them, 6.943 billion US dollars were divided into two parts by Liu Shengqiang after the liquidation of the position on the same day, one part of the funds was 1.943 billion US dollars, which was deposited into Liu Si's account through Citibank's office in Xinjiapo; The remaining $5 billion will continue to hold short positions in South Korean won, Japanese yen, and New Taiwan dollar on the Xinjiapo Exchange with 10 times leverage. However, the current Korean won, Japanese yen, and New Taiwan dollar are not easy to sell short. Because the concept of the East Asian financial crisis has been blown up, there are many consortia, funds, and funds that short the Korean won, the yen, and the new Taiwan dollar, and even some national capital among the participants in the short selling.

This is also relatively speaking, the yen is the best among the three currencies to sell forward contracts, followed by the Korean won, and the new Taiwan dollar is the least liquid. Of course, this is also determined by the economic volume of the three countries or regions and the status of their national currencies in the international currency.

Even if the forward contract is not easy to sell, in one day, Liu Shengqiang still absorbed 7.9 billion US dollars of yen forward contracts; US$6.3 billion won forward contracts; $3.5 billion NTD forward contract.

Liu Si knows what his advantages are, so why did he do his best to make money? Liu Si doesn't think he can grasp the opportunity in the financial circle every time, so before he has a chance to be reborn, he needs to make a very, very lot of money from speculation in the financial market to form his own industrial empire. From half a year after his rebirth, Liu Si had this idea.

1998 was a very important year: Brazil's two sectors of minerals and oil were separated, allowing foreign and private investment in related industries; Russia's economic crisis, the full opening of the Russian oil industry; In the aftermath of the East Asian financial crisis, East Asian countries allowed foreign ownership of domestic enterprises, including banks; Australia's large-scale open mining operations; On the eve of the establishment of the European Union, there was a constant currency crisis among European countries; The U.S. Internet technology stock bubble was officially launched; India began to open up deeply; Central Asia and Africa are full of battlefields...... But it should be said that in the automotive industry, Bugatti, Lamborghini, Rolls-Royce and Bentley changed hands. This time, Liu Si is eyeing Bugatti, Lamborghini, Rolls-Royce and Bentley, and the most important thing is that these four brands are at the lowest price in history, and the opportunity must not be lost.

Volvo, which was originally acquired by Geely in China in the future, was also sold this year, and Ford Motor acquired Volvo Cars for $6.45 billion. To be honest, it's a bit expensive! Of course, because Volvo cars are sold to Ford cars in a package, including engines, tires, shafts and other factories, the price is not expensive compared to what you get. But for Liu Si, this price is too expensive, because he only has $1.943 billion in his hands now.

On August 13, 1997, Liu Si chartered a business plane with 17 bodyguards, 5 lawyers, and 10 interpreters (including three English translators, two French translators, two German translators, two Italian translators, and one Spanish translator) and flew directly to London.

Although Liu Si's identity has been changed to Hong Kong, he is Chinese after all. So this time to Europe to acquire Bugatti, Lamborghini, Rolls-Royce and Bentley four car companies, Liu Si has already thought of a strategy, first of all, he needs to go to the UK to find a public relations person to come forward to buy on behalf of him.

Why the UK? Because a company like Britain is the most capable in Europe, it is, after all, a European boss, plus its only constitutional monarchy. At the same time, only Britain still retains the nobility of the country, in Europe, a continent that pays attention to status and origin, Britain is undoubtedly the first choice. After all, most of the PR firms in the UK were set up by these British aristocrats.

The English nobility here refers specifically to the title of nobility, that is, a hereditary title of nobility, rather than a title of nobility for life or merit. There are not many British aristocrats, but there are also a lot, and there are many who fall into the middle of the family. However, the British family has an annual social meeting for the nobles, so even the most down-and-out nobles can live a nourishing life, because they can get a lot of interpersonal relationships from this social meeting that many big businessmen can't get.

The interpersonal relationships of the British aristocracy are guaranteed in the royal family's annual social meetings for the aristocracy, so most of the down-and-out aristocrats have started public relations companies, and the Chinese is an intermediary, a shawl, and a lobbyist.

Moy's Public Relations Ltd. is the property of the family of Baron Moynihan, whose barony was acquired on the battlefield during World War II, and is now the second generation of Baron Moynihan to be acquired. After the end of World War II, the first Baron Moynihan was unable to live a normal life at all because of World War II, and he could only numb himself with alcohol and not participate in work, so Baron Moynihan was very declining. The second generation of Baron Moynihan did not have the vices of his father, worked very hard to make money, and Moy Public Relations Limited was established less than ten years ago and was already a well-known local public relations company in London, England.

It was only after inquiring in London for a few days that Liu Si affirmed that this time the matter would be handed over to this Moi Public Relations Co., Ltd.