readx;

The Singapore International Currency Exchange is the main market for the trading of the Thai baht, as well as the foreign exchange markets of Tokyo and Hong Kong, and the financial giants who sharpen their knives against the Thai baht are stinging in these places, and the opening of the Singapore International Currency Exchange tomorrow is the time when the show really appears. Pen, fun, pavilion www. biquge。 info

Of course, the ones who stay in the trading market are usually only small characters, and the real big horns may have one or two like them in the Peninsula Hotel in Hong Kong.

Zhang Ke clasped his arms in front of his chest, staring at the bright night outside the glass curtain wall, his lips pursed slightly, and he was silent.

At this moment, in addition to the firm confidence of those who attacked the baht, those peripheral investors can also determine the direction. The surging sale of spot and forward contracts will only be taken over by the Bank of Thailand and its allies, and once they can't bear it, it's the end of the first game.

Zhang Ke smiled faintly and said: "Their resistance and will will be very weak, and our position will be increased to forty percent!" ”

Nick Li Sen glanced at Ye Jianbin , he also agreed with this point of view, at the beginning of the establishment of the agreement on the conditions for the financiers to participate in the decision-making, Zhang Ke said, he wants to see Ye Jianbin 's opinion. He also has a trader in New York who can trade spot contracts for the baht in New York, but it is still unknown whether he can increase the total position to 40%, and the entire market sells baht, except for the Bank of Thailand, other buyers are rare.

Spot foreign exchange contract trading is the most important form of foreign exchange trading. Foreign exchange futures are likely to wait for half a day to be successfully traded, but the spot contract is traded through the merchant network anytime and anywhere, and the actual speculative function of the two is the same, both are margin trading nature, especially after the formation of the foreign exchange trading network, the trading volume of foreign spot contracts far exceeds the foreign exchange futures trading.

In this game, Asian governments have a sense of crisis, and have restricted domestic financial institutions on the speculative trading of spot contracts and forward contracts in Southeast Asian currencies such as the Thai baht, but the financial capital forces in Europe and the United States are the biggest driving force behind the Asian financial turmoil, especially the offices of European and American banks in Singapore, which have a large number of currencies in Southeast Asian countries in their hands to support the huge spot contract and forward contract trading speculation that Southeast Asian governments cannot afford.

Ye Jianbin nodded, his palms were already sweat stains: Zhang Ke is really heartless, he has fabricated a huge amount of nearly 4 billion Hong Kong dollars in his hands, and he doesn't worry about gains and losses at all.

The mobile phone in his pocket vibrated a little, but Ye Jianbin was startled, and he felt a little embarrassed and nervous when he took out his mobile phone. Seeing that it was his second uncle Ye Zhenmin calling, he made a gesture to Zhang Ke and stepped aside to answer the phone.

"Second Uncle please come over," Ye Jianbin hung up the phone, walked over and whispered to Zhang Ke, "Or let Second Uncle come over by himself?" ”

Zhang Ke didn't have that face, Lao Ye Zhenmin went to go in person, and after he arrived in Hong Kong, he should go to see Ye Zhenmin, but he just pulled Ye Jianbin to the Peninsula Hotel first.

Zhang Ke pulled Du Fei's clothes, went out of the room together, and called Tang Jing in the aisle, asking her to wander around the Peninsula Hotel with Midsummer.

Ye Zhenmin's temporary residence in Hong Kong is located on Hong Kong Island, which is the official apartment of the Central Liaison Office in Hong Kong. The most convenient way to get to The Peninsula is not by car, but by subway, which is just a two- or three-minute walk from The Peninsula to the subway platform.

The Liaison Office of the Central People's Government was formerly the Hong Kong branch of Xinhua News Agency, and its office building was located in the West Ring Overseas, and most of the officials of the Liaison Office came from various central ministries and commissions and government offices in various provinces and cities in the mainland. Sai Wan is an old part of Hong Kong, and most of the apartments of the officials of the Liaison Office of the Central People's Government are old-fashioned buildings.

Yip's temporary apartment in Hong Kong is a red-brick villa, and when he arrives at Sai Wan, you can still hear the tinkling of an old tram, which is next to the Western Police Station.

Ye Zhenmin was thinner than the last time he met in Beijing, but his eyes were bright, and he didn't have too many words at the door, so he went directly into the dimly lit study on the second floor, and Ye Zhenmin also pushed his secretary away; Du Fei and Ye Zhenmin's secretary were also waiting outside the study.

"You all know the two news from Thai national television, right?" Ye Zhenmin closed the door of the study, he did not sit back on the high-backed mahogany chair behind the desk, holding the tea porcelain jar, standing in front of the dark brown desk, talking to Zhang Ke and Ye Jianbin "I just talked to the chief executive of the Hong Kong Government Financial Secretary and the Hong Kong Monetary Authority, and the pressure from all parties is very great, the money is surging, and there are European and American political forces conniving behind the scenes, I am afraid that the Thai baht will become the fuse......"

"The situation is probably like this," Zhang Ke said lightly, "currency speculators are aiming at the fixed exchange rate of the southeast countries, the Bank of Thailand must enter the foreign exchange market to intervene in the spot and forward supply of the Thai baht to maintain its fixed exchange rate balance, the first two attacks, the Bank of Thailand barely resisted, but their foreign exchange reserves have been consumed nearly half, this wave of offensive will be more ferocious, their remaining foreign exchange reserves are simply not enough to maintain the exchange rate balance, once forced to choose a floating exchange rate, the Thai baht exchange rate will plummet, The economic crisis that has been accumulating in Southeast Asia for a long time will always be triggered by this...... Even if the Thai government borrows a large amount of foreign debt, it will only survive for a while, and the risks will accumulate even more violently......"

Zhang Ke knew that the Thai government would come to the rescue at this moment, and the Hong Kong government had 80 billion yuan in foreign exchange reserves, and the central government had 120 billion yuan in foreign exchange reserves.

The ultimate purpose of Ye Zhenmin's visit to Hong Kong is to help the Hong Kong government resist the impact.

"It seems that everyone is confident," Ye Zhenmin shook his head and smiled bitterly, "A piece of bloody fat, everyone is staring at it, but it's a pity that the ten years of prosperity of these countries are about to be ruined......

"There's no way to do it...... Ye Jianbin finally relaxed his mentality, smiled and said, "It's more practical to care about Hong Kong." ”

Zhang Ke said: "Hong Kong stocks and futures are hanging high, like an upside-down sword, which makes people feel cold...... Those international investors who attack Thailand will mainly attack the Thai baht; Attacking Hong Kong, Hong Kong has $80 billion in foreign exchange reserves, and the mainland still has $120 billion in foreign exchange reserves, and it is not difficult to maintain the current linked exchange rate of the Hong Kong dollar. ”

Ye Zhenmin nodded, the current Hong Kong stock index has rushed to a peak of 17,000 points, and Hong Kong is a financial free port, so it is impossible to stop the influx of international travel capital -- in fact, a large amount of foreign capital has poured into Hong Kong stocks to go long before, and if tens of billions of dollars of travel capital are allowed to take advantage of the general trend of the Southeast Asian financial turmoil to short-sell Hong Kong stocks, it will be a tragic stock market crash!

"In addition to continuing to increase foreign exchange reserves and strengthening the supervision of currency flows, I think the HKMA needs to have a wide range of powers to use various means to counter international travel funds at any time, and it cannot wait for international travel funds to ravage Hong Kong before going to the Legislative Council to ask for support from the authorities......

"Hmm......" Ye Zhenmin responded, noncommittal, he has his difficulties, "This needs to be discussed......

In the next ten years of Hong Kong, Zhang Ke has some understanding, and he understands Ye Zhenmin's difficulties.

After Hong Kong's return to the motherland, it is necessary to maintain the original political and economic system for a long time and maintain the principle of Hong Kong people administering Hong Kong. Hong Kong is based on the principle of a free economic market, and the authority of the HKMA is strictly limited, so if the HKMA is to be broadly authorized in advance, Yip Zhenmin will have to use his special status to do some work. The news leaked out that the Liaison Office of the Central People's Government would fill up the protesters tomorrow and accuse the central government of going behind the scenes to violate the commitment of Hong Kong people to govern Hong Kong.

Hong Kong people used to hold down the British and did not dare to speak out, but after the return to the motherland, they became free, and it was normal for them to want to shout twice on the street when they encountered anything, but the Liaison Office of the Central People's Government was a little embarrassed in Hong Kong.

Zhang Ke smiled slightly and said: "Maintaining the stability and prosperity of Hong Kong is the first priority, and the free economic system is supposed to be put on the soles of your feet." ”

Ye Zhenmin smiled and said, "Sometimes you can't be afraid of wolves and tigers...... and then you are afraid of tigers," and said, "I have one more thing to tell you, you should build a position, how many have you built?" ”

Zhang Ke pouted, signaling that he had just arrived in Hong Kong tonight, and this matter had nothing to do with him.

Ye Jianbin touched his head and said: "When we withdraw the funds, the second wave of attacks on the Thai baht is nearing the end, it is too late to build a short position in the foreign exchange futures market, and the margin trading and forward transactions of Asian banks on Southeast Asian currencies have also been restricted, but the foreign banks in Europe and the United States are afraid that the world will not be chaotic, but the leverage given is slightly lower, and in the spot contract and forward contract transactions, we still have about 7 billion baht and 600 billion rupiah short positions, I see Hong Kong, The main thing is to guard against foreign banks in Europe and the United States stabbing behind their backs. ”

"Oh, you guys are just in time," Ye Zhenmin also knew that the Thai baht was the main target of international tourism this time, but Indonesia's economic system was more fragile, the Thai baht couldn't bear it, and the Indonesian rupiah collapsed as soon as it was destroyed, and said: "In other places, you follow the troubled waters, I can't control you, Hong Kong, don't touch it, you will not be clear in the future......"

"No plan," Zhang Ke laughed, and said, "However, when this side wants to fight back, we can help this side, and at that time, we will come ...... clearly."

"Then I'll talk about it then...... "Waiting for the order to act in unison, Ye Zhenmin can't refuse.

Walking out of the red brick villa apartment run by the Central Liaison Office, this old complex is sparsely lit, the night sky is clear, and the stars are lonely.

"Those big people who sing every night, there are destined to be a lot of people who will lose sleep tonight, right?" There was no hurry to stop the taxi, Zhang Ke and Ye Jianbin , Du Fei and others walked in the streets and alleys, without saying a word, Ye Jianbin was anxious to go back to the Peninsula Hotel, staring at the handicap of the New York foreign exchange market, Zhang Ke stopped him, "What's the hurry, just wait for the Thai baht to give up resistance completely, everyone is in a hurry to ravage, you can't rush to ......"

"How can you say so dirty?" Ye Jianbin has no way to take Zhang Ke's abrasive temper, if he is someone else, even if he has full confidence at this moment, his heart will be suspended, he can not be impatient or impatient, is this also a kind of bearing?

Zhang Ke laughed, everyone walked under the starry sky to the subway entrance, and took the subway back to The Peninsula Hotel, it was already one o'clock in the morning. Tang Jing and Sheng Xia had taken a bath and were barefoot, and the change of clothes bought for him and Du Fei was placed on the wooden table in the living room.

Zhang Ke looked at the night sky outside the glass curtain, and there seemed to be countless giant crocodiles with bloody mouths lurking between the bright harbors of Victoria. In the financial frenzy surrounded by crocodiles, they are not qualified to swagger, and it has reached the last moment before the outbreak of the crisis, saying that they want to increase their positions to 40%, and it is still unknown whether they can be built.

A group of crocodiles gathered, and the teeth dripping with blood flashed with a cold light, and at this moment they all aimed at the Bank of Thailand and the Thai government's foreign exchange reserves of tens of billions of dollars.

It's a zero-sum game, and it has to force the Thai government to give up resistance altogether, and that's a feast.

Zhang Ke doesn't think that he can be better than others, but he has firmer confidence than others; At this time, faith does not seem so necessary, and no one will give up this feast easily, depending on how much can be grabbed from it; Think of it as a holiday in Hong Kong.