In fact, as early as a few days ago, that is, the day after Lu Shaohua ordered the evacuation from Thailand, on September 26, 1997, Indonesia began to move, which was the first turmoil since the outbreak of the Asian financial turmoil, and the financial market in Southeast Asia stabilized.

Originally, the financial market in Southeast Asia began to stabilize in September after the shock in July and August. In mid-September, the World Bank held a meeting in Hong Kong, where participants reached a relatively unanimous view on the financial risks faced by developing countries in the process of globalization and the measures to prevent them.

The whole situation then seems to be improving. Even the traditionally cautious Philippine President Sergio Ramos said he believed the monetary and financial turmoil in the Philippines would soon "go up in smoke" and that the day would come sooner than expected.

The president of the Philippines made an enthusiastic speech, but not long after his speech, that is, the day after Lu Shaohua was evacuated from Thailand, on September 26, the second wave of the Asian financial turmoil finally began.

First of all, when international credit rating agencies downgraded Malaysia and the Philippines, people began to question the state of the economy in Southeast Asia, feeling that the situation was not good, and that the currencies were still weak and a little vulnerable.

On September 26, the Indonesian rupiah reached an all-time low against the US dollar, and when it closed at 3,125 to 1 US dollar, the decline was so large and abnormal that it set a new historical record.

And this situation did not end, on the 27th, that is, the next day when the market opened, the Indonesian rupiah once hit a new low and continued to fall. Not only did the Indonesian rupiah fall, but the Malaysian ringgit could not escape it, falling to an all-time low of 3.2015 ringgit per dollar in early trading, and then stabilized slightly, and the Southeast Asian market closed for 3.1950 ringgit per dollar.

The fall of the Indonesian rupiah became a fuse, and after igniting, it had a chain reaction, and the Malaysian ringgit was unable to escape, and the decline was also very large, creating a record low.

However, this phenomenon does not end. Then, Southeast Asian markets panicked and sold their currencies to buy US dollars as US dollar covers. By September 30, the ringgit, the Indonesian rupiah and the Philippine peso had fallen to new lows, with the ringgit falling the most, with the ringgit falling to a record low of 3.25 before the end of Asian trading and closing at 3.245.

On October 1, Southeast Asian currency markets experienced a tragic day. The Indonesian rupiah, the Philippine peso and the Malaysian dollar fell to record lows. Even the Singapore dollar, which is usually volatile, fell to a 39-month low, and the ripple effect caused by the turmoil in Indonesia has amplified the 'fruit' and involved Singapore as well.

And the original fuse - Thailand, on October 1, when the Thai baht closed, against the US dollar fell by about 40% compared with July 2, which is the last record, yes, the total range of 40% is the total extent of the Thai baht since the Asian financial crisis, but this has nothing to do with Lu Shaohua, because Lu Shaohua has withdrawn from Thailand as early as five days ago.

There are other things to watch, such as the remarkable decline in Malaysia's ringgit in the early stages of trading, which fell by more than 4% less than two hours after the market opened on October 1, and closed at 3.4080 and closed at 3.3550.

This is the lowest price against the US dollar since the ringgit began to float before 1973. The decline in the ringgit has once again hit other regional currencies, falling one after another, and it has had a ripple effect.

The rupiah fell to an all-time low of around -3.445. By October 3, three months after the Thai financial crisis, the rupiah had fallen by 53 percent, the second most depreciated currency in world history, second only to the Turkish lira, which had lost 63 percent that year.

In the statistics of this day, the world's five most depreciated currencies are also released at this time, in Asia, the first place is the Turkish lira, with a decline of 63% that year ranked first, it can be said that it is far ahead, won the championship. In second place was no worse, with the rupiah rising to second place with 53 percent, ten percentage points less than the Turkish lira.

And in third place is the Thai baht, the source of the Asian financial turmoil with a decline of 32.69% ranked third, won the third place, glory can't, if it is placed in the Olympics, this is just a copper plate as a reward.

In fourth place is the Malaysian ringgit, which won fourth place with 25.01% and is one of the best currencies. In fifth place is the Philippine peso, which only managed to rank with 5.27%.

Of course, these data are Lu Shaohua's memories, and it is the memory that tells Lu Shaohua these data, and it is only October 1, which is the first stage of the second wave of attacks, and the final data has not yet appeared, and Lu Shaohua can only know it in his heart, and he did not say it in public.

…… When Lu Shaohua came to the general command post, Li Yunqing and they were all busy, Li Yunqing and Liu Mingzhang stood motionless, their eyes really staring at the big screen, and the big screen at this time displayed the trend charts of Indonesian rupiah, Philippine pesos, and Malaysian Guint, which were switched to three major blocks.

Lu Shaohua also glanced at it, then looked away, turned to the side, and looked at Li Zongen, Li Zongen was not idle at this time, he was moving in front of four or five computers, looking at this from time to time, looking at that from time to time, he was very busy.

"Zongen, the Singapore dollar can also be switched out to see, and the situation in Singapore today is not good." Lu Shaohua's voice was not loud or small, it spread in the hall just now, and everyone could hear it.

No, when Lu Shaohua's voice sounded, everyone looked for prestige, and when they saw that it was Lu Shaohua, they nodded gently, which was regarded as saying hello, and then started their own work, and Li Zongen looked a little special, after nodding, he came to a computer with a black screen, and hit the enter key twice to remove the screen protection.

"Alas...... The Singapore dollar seems to have fallen as well. Li Zongen sighed and said, after that, he switched the trend chart to the big screen, and then shouted at Liu Mingzhang's wife. Inform the people below, pay attention to the Singapore dollar. ”

Singapore is also a country in the Asian region, although the area of this country is not large, but it does not mean that it is a weak country, on the contrary, Singapore's economy in the Asian region is a very high position, in the layout, Lu Shaohua also emphasized to respond to Singapore.

Lu Shaohua made a layout for Singapore, but considering that the decline of the Singapore dollar was not large, he did not invest so much, and even the team of traders who were specifically aimed at Singapore was not assigned to him, and he was completely allowed to develop, which was a bit laissez-faire.

To put it bluntly, it is a very simple thing to invest some money in the layout, and then leave it alone, let it develop freely, and when the time is about the same, a few more people will be freed up to work on it, sell, and clear the warehouse.

"It's falling, but it's not falling much." Li Yunqing sighed disappreciably, and then said. "This kind of decline, combined with the layout of our investment in Singapore, will not make a lot of money in the end."

Now Li Yunqing's mentality is completely different, he has made a lot of money for a long time, and he doesn't care about small money, this is a change in mentality, a change in mood, it can be regarded as human nature, like Lu Shaohua, he also has this mentality.

But now Lu Shaohua is standing on the outside, the so-called outsider is clear, Li Yunqing's mentality is unacceptable, no, Lu Shaohua reminded him loudly. "Small money is money, whether it is big money or small money, what can be earned is money, we can't underestimate it."

Li Yunqing scratched his head, smiled awkwardly, nodded seriously, and said. "I see."

"Hmm." Lu Shaohua smiled lightly and said. "Well, there's nothing in actually, just pay attention to your mentality, oh! By the way, Singapore will be cleared before the close of the market the day after tomorrow, and it cannot be stayed, with Singapore's economy, it will recover quickly, and if you stay, there may be accidents. ”

As Lu Shaohua said, Singapore's economy is strong, and the Singapore dollar has always had the reputation of the word 'stability'.

"Okay, when the time comes, just arrange two people to do it, and you will be able to shoot soon." Li Yunqing couldn't care about the big screen anymore, turned around, and said seriously.

Seeing Li Yunqing's serious appearance, Lu Shaohua knew that Li Yunqing had taken this matter to heart. The things that can make Li Yunqing take it to heart, then he will not forget it, it is impossible to ignore it, and Lu Shaohua can rest assured.

"How's it going today?" Lu Shaohua turned his words and asked again.

The situation, what is the situation, Lu Shaohua asked what the situation was at this time, it was nothing more than to want to know what the trend of various countries was, and let Li Yunqing give him an answer.

Li Yunqing did not disappoint Lu Shaohua, came to Lu Shaohua's side and sat down, and said. "Overall, the Indonesian rupiah fell sharply, it was the largest one, followed by Malaysia's Jilin Te, which was not small, and the last one was the Philippine peso, which fell the least."

Although Li Yunqing did not say the specific amplitude ratio, Lu Shaohua knew that this situation was enough, nodded with satisfaction, and muttered for a long time, before changing the topic, I also thought that it was to test Li Yunqing.

"How long do you think this turmoil will last? When should we liquidate? ”

……

(To be continued)