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After a short stop in Central, Zhang Ke and the others took a ferry to the Peninsula Hotel, where Ye Jianbin and Nick Leeson stayed at the Peninsula Hotel for two months without moving. Pen, fun, and www.biquge.info

At the beginning of August, the Indonesian government gave up resistance, and the rupiah plummeted, and they had another delicious meal, with a short position of 500 billion rupiah, this time under the calm command of Nick Leessen, again reaping more than 50 million US dollars.

Zhang Ke's room at the Peninsula Hotel was still kept, and when they arrived there, Sun Shangyi and Ge Mingde had been waiting there for a while, plus Nick Leessen, the five partners also made a rare appearance together at the Peninsula Hotel.

Zhang Ke pushed the door in, Sun Shangyi, Ge Mingde, and Nick Leeson all stood up, Zhang Ke couldn't bear it, pointed to the ice drink in front of everyone on the wooden table, and said with a smile: "You all have something to drink...... walked to the back of the bar, took out two bottles of Carlsberg from the freezer, handed one to Ye Jianbin , and then walked over and sat down, "I heard that the weather in Hong Kong will be good these days, and last summer, there were no days without rain......

"Talking about the weather?" Ge Mingde smiled and said, "Then let's talk about the weather...... handed the folder in front of him to Zhang Ke, "This thing, you look at it first, let's talk about it if it's okay." ”

Zhang Ke smiled and said, "Thinking about going to the beach to swim, I was planning it on the plane...... I'll be here to talk to you for a while, and I'll leave later. ”

Ye Jianbin smiled, he didn't expect Zhang Ke to stay at the Peninsula Hotel at night, Xu Si returned to Hong Kong the day before yesterday.

The records of the folder are all confidential, and they will not be taken out of the hotel room - secret speculation in baht, rupiah profits, although everything is in line with the game plan, but this record leaked to the Thai and Indonesian authorities, it is a bad historical record - but some content, I have heard Ye Jianbin introduce it in the car, and many things have not been hidden from Du Fei, but on the formal occasion of the meeting, for the sake of respect, Du Fei was not involved.

Zhang Ke took the folder and flipped through it casually, so he could be considered to have seen it.

"Okay, I'm here to listen to your opinions, I'll study carefully......" Zhang Ke put the information clip on the wooden table.

Except for Nick Leesen, everyone else tends to listen to Zhang Ke's opinion, he cherishes words like gold, and still wants others to throw bricks and lead jade, Sun Shangyi shook his head and smiled, and said: "Then ask Nick to introduce it......"

"Speak Chinese or English?" Nick Leeson asked.

I have to admit that Nick Leeson's Mandarin level has improved rapidly in a short period of time, but Zhang Ke has not heard of the term "Chinese", and his tone is still a little strange.

Zhang Ke said: "You still say it in your native language......" I just heard Ye Jianbin complain in the car, Nick Leeson insisted on using Chinese to talk in order to learn Chinese, and tortured him for two or three months, except for the workplace, he asked Ye Jianbin to fine him 100 dollars for every English he said in private.

"Then I'll say it in Chinese," Nick Leeson introduced the development of the current financial turmoil in his strange Mandarin, "The fat and bones of the Asian Four Little Tigers have almost been gnawed to the point that only some bones remain, and they can't arouse the interest of the financial giants. In Asia, there are only two dragons, half a dragon and four baby dragons left as fat prey......"

Two dragons probably refer to the domestic with RB, and half a dragon refers to? Zhang Ke glanced at Ye Jianbin suspiciously, and Ye Jianbin explained: "India ......"

Oh India, can India count half a dragon?

India's foreign exchange reserves are not high, but their external debt level is even lower, which is also a key factor in India's avoidance of direct shocks during the '97 financial turmoil; Although it is clear that the Indian ruble will depreciate sharply in the coming year, they cannot build a short position in the Indian ruble, and there is no secret channel to launder money into India's domestic securities and futures financial markets to build a short position.

At this time, local banks in India will even restrict the lending of Indian rubles to local Indian companies, not to mention foreign-funded enterprises and mortgaged dollars from unknown sources.

The Donghai Provincial Government under the chairmanship of Xu Xueping, together with the large state-owned enterprises in the province, the Department of Communications, Xiangxuehai, Shin Kong Paper, and other enterprises and institutions, planned and lent a total of nearly $2 billion worth of yen loans to RB's financial institutions, which can be called a big short in this financial speculation in the true sense.

This unsecured government credit loan will make a huge profit of eight to one billion US dollars at a time, which is enough for Donghai Province to build several highways and stimulate demand in the province. It's just that I don't know how much will fall into the pockets of individuals, and there is no way to do it.

The depreciation of the yen is also a general trend, and Zhang Ke seems to be able to hear the howls of the RB banks that provide loans because of exchange rate losses in the near future.

Of course, even if Xu Xueping leaves the East China Sea, the Donghai Provincial Government will not admit that they have speculative intentions.

Zhang Ke nodded and listened to Nick Leesen continue to introduce.

Follow the huge scale of the tour money to hunt the currency of a small country, and there is only some meat and bones left in the mouth.

After the financial turmoil raged in Southeast Asia, not only Asian governments have formulated policies to restrict foreign exchange speculation against their own currencies, but even European and American countries have become vigilant. This restriction is extensive, and even the foreign exchange hedging transactions made by the financial department of AIDA Electronics in the name of legitimate export of electronic products are also extremely restricted, and have to bear most of the exchange rate losses.

It is difficult for a large amount of money to establish a large number of short positions in the foreign exchange market, and during the buffer period of the financial turmoil, more speculative behavior occurs in the foreign exchange spot market.

Zhang Ke and his $140 million additional hedge fund opened positions in Thai baht and Indonesian rupiah nearly a month in advance, taking advantage of the core impact of the first financial turmoil, and accumulated nearly $110 million in floating profits; However, after the liquidation of the Thai baht on July 20, the balance of funds in multiple accounts was as high as 160 million US dollars, and the international capital continued to attack the monetary systems of Southeast Asian countries everywhere, and in the past month, less than 20 million US dollars were gained.

This is a testament to the embarrassment of speculators after the severe restrictions on foreign exchange speculation and the influx of more large-scale funds.

On the one hand, governments are restricting speculative trading in their own currencies, and on the other hand, the increasing scale of short-selling funds in Asian financial markets has further diluted the trading opportunities for floating profits.

Of course, in a month's time, the extra profit of 20 million US dollars is also quite a good gain.

According to the information that Zhang Ke has learned, in the Asian financial turmoil that lasted for more than a year, the profit ratio of the vast majority of hedge funds only fluctuated between 30% and 70%, and the financial giants who mobilized a large amount of funds to secretly build positions were relatively rich, and they had various channels to penetrate into the financial markets of various countries, but compared with the scale of their mobilization of funds, the floating profit ratio was not high.

The financial turmoil will spread further, and if you can correctly judge the next direction of the financial turmoil, you will be able to keep up with the pace of the financial giants and get greater profit opportunities while other peripheral funds are wandering around for no purpose.

In addition to India, there are still quite fat prey left in the land of Asia, which are two giant dragons and four small dragons.

Speaking of which, the scale of the mainland's foreign trade in '97 was only the same as that of country H, but the mainland's financial market only opened a very small crack with the outside world, and they wanted to get into it through various ways of money laundering.

Southeast Asia is the largest capital exporter of RB, the outbreak of financial turmoil in Southeast Asia, will inevitably drag RB into recession, this time RB financial market is in turmoil, but RB economy is so huge, US dollar foreign exchange reserves are the world's first, the yen may be the prey of financial giants?

Then there are the four Asian tigers such as Singapore, Taiwan, Hong Kong, and H countries, the economic scale is moderate, and the foreign exchange reserves are not very large, but they are enough to tempt people's mouths, and the Asian tigers are very dependent on the economy of Southeast Asia, and they cannot stay out of the financial turmoil in Southeast Asia.

"Singapore, Taiwan, Hong Kong or H?" In his strange Mandarin, Nickerson said, "Hong Kong has a great opportunity before......"

"Hong Kong doesn't have to think about it," Zhang Ke said bluntly, "Since we have cooperated for so long, there are some things, we don't want to hide it from you, the four of us have a deep relationship with Aida Electronics......"

"Huh?" Ye Jianbin was originally with the help of Nick Leeson to smoothly launder a huge amount of one billion Hong Kong dollars into a number of secret accounts opened in the Cayman Islands, even if Nick Lison is sluggish, he also knows that these funds are transferred out of Hong Kong, Ye Jianbin and Sun Shangyi and others all have firm confidence in the short trend of the market outlook, if they really have the intention to short the Hong Kong financial market, this money can establish a short position on the Hong Kong Hang Seng Index, but they don't know that they have a very close relationship with Aida Electronics, and said in surprise, " You've done something that annoys the financial giants! ”

"From a righteous or private standpoint, we can't short the Hong Kong financial market," Zhang Ke said with a smile, "Well, we also admit to doing something that annoys those financial giants a lot." As for the fact that there are no borders, this in itself is a false statement......"

Hong Kong's foreign exchange reserves are as high as US$80 billion, and Hong Kong's main capital exporter has long since shifted from Southeast Asia to the mainland, and the mainland's economic growth momentum shows no signs of recession. What Nick Leesson said most annoyed about the financial giant is the active ebb of Hong Kong's Hang Seng Index in the past month.

The Hang Seng Index took the initiative to ebb and flow, which began with the collective warning of red chips originating from the performance warning news announced by Aida Electronics on July 11, and in just over a month, those financial giants lost an excellent target for attack.

Anyone with a discerning eye can see that the central government has long been vigilant against the financial turmoil in Southeast Asia, and Nick Leessen can of course see the faint shadow of the central government behind Ye Jianbin , Zhang Ke and others at this time.

"How can there be no borders?" Nick Leeson smiled, this is a simple truth, he also knows that the huge capital is bound to be entangled in the complex political background, of course, they will not go too deep to investigate the financial background of the funder, "The Hang Seng Index has taken the initiative to retreat to the level of the middle of ninety-six years, and it is no longer a good target, not only is it not a good target, I think it has made some people quite painful...... "When the financial turmoil in Southeast Asia officially began to spread from Thailand, red chips collectively warned, Hong Kong's controlled and influential financial media is naturally powerless to hold accountable for insider information. However, a large number of investors who tried to speculate on the Hang Seng Index again, but had not yet had time to establish short positions, were trapped in it and difficult to get out of the Hong Kong stocks that suddenly took the initiative to ebb and flow, and the trading volume of the Hang Seng Stock Index futures at this time was also extremely sluggish, which was not enough to establish a large number of short positions.

"Except for Hong Kong, Singapore, Taiwan, and H country, which one is the next active target of those financial giants?" Listening to Nick Leessen's introduction, Ge Mingde asked.

Hong Kong should have been the main target of the next wave of attacks in history, and the likelihood of an active attack on Hong Kong has now been greatly reduced.

"Country H," Zhang Ke looked at his watch, afraid that Xu Si would wait too long for him, so he directly said the answer, "Country H, instead of hunting around aimlessly, we will try our best to establish a short position on the Korean won during this time......"

Although it is very difficult to open a short position at this stage, as long as the preparation time is long enough, it is still possible to build some, at least more than the opportunity to hunt around in the spot market.