Chapter 806: Turbulent Southeast Asia

Liu Feng smiled bitterly: "How come?" Sister Xu Ying, do you believe it or not? If I donate my shares, it will cause an uproar, and this is definitely not something that the top management is happy to see. ”

Pan Dongfeng said with a smile: "Xu Ying, don't force the old pimple, he is a role model for the red capitalists in China, if his donation, it is not tomorrow that the whole world will say that China's reform and opening up policy has changed, and it will return to the old road of the red era!" ”

"That's right!" Lan Yuanyu sighed lightly, "People can't help themselves in officialdom, don't look at the little madman who is now an angry daughter-in-law in the ancient city renovation project team, but she is a banner in the outside world." He can't donate his money, not only can't he donate, but he also has to maintain the name of the richest man. ”

Xu Ying glared at Liu Feng fiercely: "Hmph, you are reasonable!" ”

1997 was an extraordinary year for the world, and the trigger for the financial turmoil in Southeast Asia was that the proportion of non-performing loans of banks was too high, and savers lost confidence in the banking system and the value of their own currencies, thus providing opportunities for international financial speculators to snipe at their own currencies.

In May, Liu Feng asked Bao Daxing to once again lend $10 billion of Southeast Asia's mainstream currencies to Japan's state-owned banks, Russian state-owned banks, and U.S. state-owned banks in the name of the Osaka Commercial Bank.

The reputation of the Osaka Commercial Bank has always been high, and since the three countries actually have shares in the Osaka Commercial Bank, it is not a problem to lend to each other. For these countries, it is desirable that the Osaka Commercial Bank borrow more.

Even those bankers hope that the Osaka Commercial Bank of Japan will be in debt crisis and that the debt-to-equity swap will end up. Today, Osaka Commercial Bank has a growing reputation in the banking world, and its annual profits are definitely hot for others.

In recent years, Osaka Commercial Bank has expanded rapidly and has business contacts with many major countries around the world. It has even cross-held shares with some state-owned banks with good economic conditions to provide investment credit in various fields.

Osaka Commercial Bank has abundant funds and high creditworthiness, and cooperates with many governments. Investments in infrastructure and energy are usually involved, and these investments, although slow to bear fruit, are trickling down as long as they begin to generate profits.

Normally, Osaka Commercial Bank rarely holds government bonds, because in Liu's view, no country's national bonds were reliable until the economic crisis that swept the world in 1997 passed.

Since he has a little prescient advantage, if he buys treasury bonds, he will eventually be kidnapped by those unlucky governments and trapped with a large amount of money, Liu Feng might as well be his peace officer honestly, and he is not qualified to rush Lang in the world financial market.

This time, the borrowing funds are mainly in Thai baht, supplemented by Indonesian peso and Malaysian ringgit, which are the three most influential and liquid currencies in Southeast Asia.

These three countries are also in the most precarious economic situation, and they have become the main targets of the hunt for financial predators. If Liu Feng wants to sit in a sedan chair, he naturally has to follow behind the financial predators, rather than start anew.

Bao Daxing obeyed Liu Feng's words, but he also had a little doubt: "Old pimple, why can't you harm the little devil's family?" ”

"Hehe," Liu Feng smiled very cheaply, "Brother Bao, don't you think it's more interesting to let the little devil carry the black pot on his back?" After this financial crisis, the little devil wants to establish a glorious image in Southeast Asia, and even among his allies, which is a dream! ”

"Old pimple, you are ruthless!" Bao Daxing rattled a strange laugh, which made the mother-in-law next to him pinch for a while, "Okay, my brother will listen to you, and I will do it immediately!" ”

Today, Osaka Commercial Bank has a triple A+ credit rating, which is among the best among Western commercial banks. This also makes the operation of the Osaka Commercial Bank very oriented, and this action is bound to make the financial crisis in Southeast Asia worse.

At the same time, Gale Group's hidden funds have bought a large number of put options on mainstream currencies in Southeast Asia in the foreign exchange market, which will become the largest return. Soros and other international speculators have been in the layout for so long, and naturally they are not to be outdone, borrowing a large amount of local currency from banks one after another, and then taking it to the foreign exchange market to sell.

In order to maintain the stability of the exchange rate, Southeast Asian governments have taken out their domestic foreign exchange reserves to support the market, but domestic savers have seen that the domestic currency has been sniped, and their confidence has collapsed, and they have also rushed to sell their own currencies and change to foreign currencies to maintain their value.

In particular, the intervention of capital giants such as the Osaka Commercial Bank has made many retail investors and bankers see the opportunity to make money. You know, with the success of several god-level trading, Osaka Commercial Bank has become famous.

Many people in the industry believe that at Osaka Commercial Bank, there is a super money investment management team. The team is so astute that it has profited from every major financial upheaval.

There has always been a tradition in the financial industry to follow the trend, no one wants to make wedding dresses for others, but they all hope that when others eat meat, they will at least catch a bone. As a result, the intervention of the Osaka Commercial Bank caused the currencies of various countries to collapse earlier.

On July 2, Thailand announced that it would abandon the fixed exchange rate system that had been in place since 1984 and switch to a managed floating exchange rate system, and the baht depreciated by 20% on the same day, marking the full-scale outbreak of the Thai currency crisis.

As neighboring countries such as the Philippines, Indonesia, and Malaysia are also facing some problems similar to Thailand, coupled with the so-called "contact contagion" effect and the continuous sniping of international speculators, the collapse of the Thai baht has formed a "domino effect" in Southeast Asian countries, and the currency trend has quickly spread to the entire Southeast Asian market.

On July 11, the Philippines followed in Thailand's footsteps by declaring a free float of its currency. The Philippine peso depreciated by 11.5% on the day, and the interest rate soared to 25% overnight; Indonesia announced that the volatility of the rupiah exchange rate will be increased from 8% to 12%.

The Singapore dollar, which has always been stable, also fell to a 30-month low of S$1.4683 per US dollar on 18 July, and on 14 August, Indonesia announced a free float in the exchange rate, and the rupiah depreciated by 5% again on the same day. On August 16, the Malaysian ringgit plunged 6% to a 24-year low.

The turmoil in the foreign exchange market in Southeast Asia has frustrated investor confidence, a large number of foreign capital has withdrawn, and the Southeast Asian stock market has also been sluggish, and the Thai currency crisis has gradually developed into a broader Southeast Asian financial crisis.

With the help of the financial crisis that swept Southeast Asia this time, Gale Group operated in the short term, and with the prophetic advantage that Liu Feng obtained from Xu Ying, he quickly entered and exited, becoming the most profitable among many financial oligarchs, which also made the Japanese a guy hated by Southeast Asian countries and people.

This act of blaming others, Liu Feng did not have a little psychological burden, and the massive Southeast Asian currencies were greatly damaged after this depreciation. The Osaka Commercial Bank even used only a quarter of the funds to raise all of the loans.

When this Southeast Asian currency is returned to the banks of various governments, it means that more than 6 billion US dollars will once again enter the account of the Osaka Commercial Bank, and this year's annual statement of the Osaka Commercial Bank will be extremely good.

The huge amount of hidden funds of the Dafeng Group, which made a fortune in a muffled voice, won $26 billion from the futures market in one fell swoop. has become the biggest winner in the Southeast Asian financial crisis, but in the eyes of the outside world, it is the interests of thousands of retail investors.

No one could have imagined that this was a consortium or a consortium from China. Even if Liu Feng shows off this fact, it will not be believed, and in the eyes of Westerners, Chinese people have no talent for financial speculation.

Liu Feng made the profits in the Southeast Asian financial market a top secret: "Brother Bao, hey, it's time to prepare to act in the US and Japanese stock markets, and all return to the Southeast Asian financial market by yourself." ”

"That's it!"

Bao Daxing's voice was tired and excited, and he was tired enough to choke him during this time. Being in the center of the whirlpool, in charge of tens of billions of huge assets, that kind of psychological pressure, not being in it, is difficult to understand.

"Big brother, as the economic situation in the mainstream economies of Southeast Asia deteriorates, it will surely bring a chance for the stock markets of Americans and Japanese to come back to light. We're making a lot of money now, but we shouldn't get too much money involved. ”

Bao Daxing laughed: "Are you afraid that it will be difficult to get out when the time comes?" Don't worry, I'll invest up to 30%, and the rest will be waiting to be copied. ”

Liu Feng also laughed: "That's what it means!" Brother Bao is up to you next, let the Yankees see that the Chinese can not only play finance, but also cut meat on their bodies! ”

Bao Daxing sighed: "It's a pity, you kid is a sullen type, and he likes to walk at night in brocade clothes." Otherwise, the disclosure of this trading record will definitely surprise those guys, hehe, I am eager to see that scene! ”

Liu Feng was taken aback: "Don't, Brother Bao, if you don't want to be the target of public criticism, you better be careful." Even if you show your feet, you have to try your best to cover it up, otherwise, if you want to enter and leave every country casually, it will be very difficult! ”

Bao Daxing shivered: "Don't scare me, old pimple, don't Soros and his gang also profit again and again?" I haven't seen a few countries hate them to the core, huh? ”

Liu Feng sneered: "Hehe, Brother Bao, don't forget that those guys are different from us, I even suspect that some people have FBI or CIA backgrounds." On the bright side, they are providing financial services for certain stealth missions. ”

Bao Daxing was stunned: "Eh, there is such an evil sect?" However, I heard that the funds of some departments are inconvenient for government funding, and there will be invisible channels to obtain financial support, but I did not think that they would profit openly in the financial market. ”

"That's it, the first of the thirty-six plans, it is not said that if you hide from the sky and cross the sea, you will be lazy if you prepare for the week; Common is not undoubted. Is yin within yang, not yang? This is where they succeed, so that they can hide better and not be discovered!

Otherwise, where will the massive amount of money come from to provoke disputes around the world year after year, and to support armed forces and political forces in various countries? ”