The current exchange rate is less than 34 baht for 1 US dollar, less than 3 billion baht for 100 billion baht, and so much for both inside and outside, which is equivalent to spending 6 billion US dollars. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Do Siam Bank and DVC Investment Group have 100 billion baht in Thailand? The answer is yes, but if the money is handed over, it will also almost be a huge blow to their liquidity.

Is it difficult to find 100 billion baht in the international market? It's more difficult in a short period of time, but it's not impossible.

The problem is that Thailand's current financial system is very tricky, and its foreign exchange controls are similar to those in China, which does not mean that you can inject Thai baht into the Thai market if you have Thai baht, nor does it mean that you can exchange Thai baht unlimited with US dollars, or vice versa.

Coupled with the fact that the capacity of the relevant foreign exchange market of the Thai baht is very small, it is not very difficult to short it, and Thunder has this strength.

The subsequent series of operations were based on the premise that Thailand's financial system and the market were not completely connected, which boiled down to four words: "manipulating the market." ”

As for shorting the KOSPI index, it is a plan that Thunder has long determined.

Thunder's $80 billion risk exposure is currently a bullish position in the positive direction, and the average position opening position is based on the most relevant KOSPI index as a reference, plus repeated operations in the later period, it is around 2100, and now it is above 2300 points, and 2400 points are expected to be the peak.

If all positions are closed at 2350 points, the actual profit of the Thunder is about $9.5 billion, and if the KOSPI index falls back, it will be a large profit.

The funds on the books have increased, but the money needed by the Korean market has not increased, but is likely to decrease, and Lei Hao is equal to at least nearly 10 billion US dollars more in his hands.

Coupled with the capital forces that have been following Thunder to eat, Lei Hao was resurrected in an instant, and it was impossible to satisfy his appetite and fill the stomach of Thunder.

"If you are shorting the Thai baht, it may not necessarily push the SET index up."

"The opponent refuses to exchange the baht currency assets to us, even if we are willing to use the chips of the Korean capital market as a condition for the exchange, it will be difficult to get so much baht."

"The Bank of Thailand is a hurdle that cannot be bypassed, and the liquidity of the Thai baht is not very good, and it is too affected by the policy, so we need to pay attention to it."

In the small conference room, the voices of everyone expressing their opinions rang out.

For the analysis of the Korean market, Thunder has been carried out for several months, and the direction has long been determined, Lei Hao feels that 2400 points is the peak, everyone gives trust, there is nothing to say about this, the peak can be shorted.

But the Thai market uses such a huge amount of money, as long as it is a person in the financial circle, there is no one who does not feel palpitations.

Now Thailand's foreign exchange reserves are 180 billion US dollars, the average daily trading volume of the foreign exchange futures market is only about 1 billion, and the margin of 15%, that is, 150 million US dollars, can directly squeeze out the Thai baht foreign exchange transactions, but Thailand is now well-learned, or the so-called floating interest rate, but directly requires that transactions above 5,000 US dollars must be reported to the central bank, and it may take up to 7 days to reach the account.

Coupled with the Chiang Mai agreement and other things, the defense line of the Thai financial system has a considerable thickness, and if you want to penetrate it, it is possible for the Thunder to do it with all its might, but it is not beneficial, but it will cause a commotion, and a small manipulation is possible.

It's like a fight, of course the problem is very serious when you kill someone, but slapping the other party is completely up to your ability.

Lei Hao's first step to attack is the exchange rate of the Thai baht, however, he first has to hold the Thai baht, in the eyes of outsiders, Lei Hao wants to hold the corresponding attribute of the baht, but he must take out his "heart", that is, the chips of the Korean market to replace.

How is this possible? South Korea's capital market is so active, and the positive trend is very obvious, and normal people will sit back and wait for earnings to continue to rise.

"We don't have any bias against any capital, the same goes for the Thunder, it's just a normal investigation, trust us, it will take a little bit of time to get results." Kun Yu sat in his office, very comfortable.

The standing capital of financial institutions is the liquidity force, and Thunder has no money and no assets in the Thai market, so if you want to move, you must cooperate with others.

The current ruling party forces represented by Kun Yu saw this, so they dared to talk to Lei Hao under the halo about the conditions, because they knew very well that their own conditions were the best relative to helping, and cooperation was the most beneficial to both sides.

"Things have developed so far, I still want to ask," Lei Hao sat in the office, and finally confirmed Kunyu's conditions: "What kind of cooperation do you want to have?" ”

The forces represented by Thunder and Kunyu have always intended to cooperate, but the requirements of the two sides are far from the same, and from Kunyu's reaction and vague hints, Thunder actually doesn't need to think about it, and knows that the Thai people have a great appetite.

The cooperation of shopping malls is also very particular, such as the current situation, Lei Hao asked, Kunyu's first answer has important reference significance, and the negotiations between the two sides will be based on the plan proposed for the first time.

"Thunder listing, this is the most basic requirement." Kunyu's palm holding the microphone was also sweating, "If it's possible, we want to ...... Holding! ”

"In other words, you want to hire Thunder Investment to help you take care of your assets in Thailand?" Even with psychological preparation, Lei Hao still felt helpless for the whims of the Thais.

What is the concept of holding? It is required that more than 50% of the shares are held by the Thai side, although the other party should also invest the corresponding funds, although Thunder has not fully proven itself in the Thai market, but fools know that Thunder's capital operation ability is super strong, which is absolutely impossible to achieve conditions.

"Mr. Lei, please understand that I am not just representing myself." If Lei Hao could see Kun Yu's expression, he would find that his face was red.

Saying the word controlling is actually a challenge for Kun Yu's face, the group of military, business, political, and even royal capital behind him whimsically put forward conditions, but he himself knows very well that Thunder not only has to think about himself, but the Asian Financial and Investment Bank that is being established is not easy to mess with.

Now, while Lei Hao has not yet withdrawn his hand to completely target the Thai market, Kun Yu feels that he can put forward higher conditions, but it is impossible to achieve the so-called control.

"Although it is a bit unkind to take advantage of people's shortcomings, but the shopping mall is like this, without thunder, the Thai market may be more stable." Kun Yu thought in his heart.

"If we start with these conditions, I don't think there's any need for us to contact each other." Lei Hao shook his head, he actually wanted to cooperate with the head snake, but if it didn't work, then it was not something that couldn't be considered by smacking the other party first.

After ending the call, Lei Hao sent an invitation to meet with the President of Goldman Sachs Asia Pacific, the President of MIG Asia Pacific, the President of Wells Fargo Investment Asia Pacific, the Investment Director of Hanley Investment Group, the Investment Director of Siam Bank, and the CEO of DVC Investment Company.

When the news spread, the top brass of Thailand's financial system knew that a storm was coming, and the Thunder began to turn their guns.