The 390th storm opens
Everyone has to admit that Lu Hao is a natural lucky general!
During the time when he suspended the start of the Reaper program, Asian countries not only did not accept the lesson of Hanbao Steel's bankruptcy due to blind investment, but also allowed those projects that had been stopped due to the US interest rate hike to restart, and banks in various countries also actively cooperated and increased the scale of credit. Pen & Fun & Pavilion www.biquge.info
The conditions are getting more and more mature, not only Soros urged Lu Hao to give an order as soon as possible, but even the entire alliance urged Lu Hao.
Lu Hao recently made up for his financial knowledge and understood Soros's approach.
After speculating on the stock markets of the entire Asian countries, they accumulate a large amount of short positions in the futures index market, and then buy forward US dollars and sell the currencies of various countries in the futures, creating a big momentum.
When countries took measures to raise interest rates sharply in response to the sniping of their currencies, the stock sentiment weakened, and people worried that the sharp rise in interest rates would push down the stock and property markets.
As a result, people in the stock market panic and panic sell stocks, so that they can close their short positions and make huge profits. In other words, even if they have no success in the exchange rates of various countries, or even small losses, they have made a lot of money in the futures market.
This is a-for-tat struggle, this is a battle for the amount of capital, and the alliance side has to launch a herd effect, and once it has taken action, it has to attract more followers and join in.
The measures taken by governments are nothing more than two things: one is to use the huge foreign exchange reserves to absorb the currency, and the other is to raise interest rates and tighten monetary policy.
At the end of March, Lu Hao finally ordered the launch of the Alliance's Reaper Program. As in his previous life, Soros's first target was Thailand, where capital project freedom was at its limit.
To put it simply, "free and open capital account" is to allow foreign funds to invest in various securities in the country without restrictions, and projects such as credit are completely open, and how can Thailand's small amount of alcohol withstand the high spirits of the Reaper Alliance.
Soros's action this time is completely different from his previous life, he did not come up and attack the Thai baht, but first sold the stocks that had lurked in the stock markets of 11 Asian countries long in advance, and first made a lot of money through the stock market and reserved more funds.
The share of $90 billion in the stock markets of 11 countries is not very large, but its driving effect is immeasurable, and the first to sell is the $5 billion stock market in Thailand, and the original $5 billion stock market value has become more than $10 billion.
Eat persimmons and pick soft ones!
Soft persimmons are Thailand, Indonesia, Malaysia and the Philippines.
On March 27, the stock markets of the four countries, which had risen well in the morning, suddenly changed dramatically in the afternoon, first of all, the Thai stock market, and suddenly dozens of constituent stocks appeared together with huge selling orders, and the trading volume expanded more than ten times compared with usual in a short period of time.
By the end of the suspension, the trading volume of these dozens of constituent stocks had reached tens of billions of dollars, and not only the alliance was selling, but countless investors were also following suit, and the Thai stock market fell by more than 7% on the day.
On the second day, after the opening of the Thai stock market, there was a wave of rebound in the afternoon, and the red market closed all day, which made Thai investors excited at the same time, but also buried a thick shadow, because a huge amount of short money suddenly appeared on the futures index.
From March 27 to April 9, the stock markets of 11 Asian countries and regions experienced the same violent fluctuations as Thailand, and there were also huge shorts in the futures index, but investors were slightly relieved that the shorts suffered small losses.
In the early morning of April 10, the trading volume of the stock market skyrocketed as soon as it opened, taking the Thai stock market as an example, the trading volume reached 3 billion dollars in just 10 minutes, and the market was full of green, and the stock exchange was in mourning.
Soon, the fragile four countries of Thailand, Indonesia, Malaysia, and the Philippines disrupted the Asian "Four Tigers" Singapore, South Korea, Huaxia Treasure Island, and Hong Kong Island, and then affected the engines of the Asian economy, Australia and Japan.
The "flock" effect was completely triggered, and the collapse of the Thai stock market quickly drove the stock markets of the other ten countries and regions to fall one after another like dominoes.
A week later, the first phase was successfully concluded, and Soros couldn't wait to jump from the backstage to the front desk, and loudly announced that this was just the beginning, and the next target was the foreign exchange market.
On April 27, the Asian stock market gradually stabilized under the strong intervention of the government, and the $80 billion in reserves invested by the alliance in the stock market is now less than 60 billion yuan, and the Asian stock market has fallen by an average of more than 30 percent in one month.
Although the reserve fund has lost more than $20 billion, the total profit of $90 billion in advance has exceeded $120 billion in the stock market and futures index shorting, which means that the scale of funds in the hands of the entire alliance has reached $210 billion, which is still not the number of reserves.
The rest of the reserves had better fall worthless, and the more they fell, the more they earned.
On May 1, International Labor Day, Soros held an unusually high-profile celebration dinner in New York, and the night was full of bigwigs and beauties, not only the members of the Reaper Alliance sent representatives to attend the dinner, but also hundreds of investors who admired Soros followed, looking forward to joining him in the next battle.
Soros is planning the next operation, and 11 Asian countries have also sent representatives to China and Shanghai to hold an emergency meeting to discuss and resist another attack by international investors.
"Boss, the eleven countries in Asia that have been attacked have all gathered in China." Although Judy has been said many times, Judy is still very clear, and always calls Lu Hao boss during working hours.
Seeing Judy's worry, Lu Hao laughed, not to mention now, even in the previous life, they had no way to resist, if it was a fluke, it was Hong Kong Island, with the support of tens of billions of dollars in Huaxia, it escaped a catastrophe, but is it possible now?
The answer is completely impossible, in 97 China's national foreign exchange reserves were only more than 100 billion US dollars, even if the support for Hong Kong is great, it is impossible to invest all of them, and the Reaper Alliance has now raised 210 billion US dollars, not counting the countless followers and those who took the opportunity to make a fortune.
"Don't worry about that, even if the $60 billion that's still in the stock market is gone, we've made $40 billion now, which is enough to make the league happy."
Judy nodded, too, she is already in an invincible position, and she still has to worry so much, this is greed, or Lu Hao can see it and understand it.
"Tomorrow I'm going to hunt in my own snowy mountain pasture, you inform Zhao Ying and Liu Shishi to prepare!"
Judy looked at Lu Hao and smiled, he is definitely a person who will never suffer, and the Morgan family's Snow Mountain Ranch can't be saved. (To be continued.) )