Chapter 314: Attack begins

readx; Chen De did not have the slightest doubt about the involvement of seven billion US dollars in baht, and everything was done according to Ye Tianyi's instructions. Pen, fun, and www.biquge.info

And with the order, his subordinates also began to run at high speed.

In January '97, Yip's Tianxing Financial began borrowing up to $7 billion in forward Thai baht contracts with a maturity of several months.

Seven billion is not a small amount, such a large amount of money, and it is still operating under Soros's nose, it is impossible for Soros not to know. After all, he has been staring at Thailand for a long time, and the $7 billion borrowed naturally can't organize Soros to know.

In the office, Soros looked at the information in his hand, and his face showed a complicated look. Soros has also been paying attention to this Tianxing Financial for a long time, this is a Chinese financial company, and the owner is Chinese. And the strength of this Tianxing Finance should not be underestimated, Soros is a shrewd person, it is impossible for him not to notice Tianxing Finance.

In fact, since the beginning of the Mexican financial crisis in '94, Soros has known what Tianxing Financial is doing. But Soros has never clashed with him, because there is no need for this at all.

Although there is no need to have any conflict with Tianxing Financial, how can Soros not pay attention to such a company that can mobilize tens of billions of dollars? You can't pay attention to it, after all, it's too big.

"Seven billion dollars, that's a lot of appetite." Soros looked at the glaring numbers on the data and couldn't help but mutter.

"They're going to get involved in this financial crisis too?" Soros thought about it, it was certain, but Soros didn't say anything.

"It seems that we will have to pay more attention to this company in the future." Soros thought in his heart, and then a smile appeared on his face, no matter what, he and Tianxing Financial have the same goal. In order to be able to mess up the financial crisis in Thailand and even Asia, this is inevitable, since the two have a common goal, why not Soros unite?

In February of this year, Soros was not slow to move, and led international investment institutions to intervene in the Bank of Thailand's $15 billion forward Thai baht contract with a tenor of several months.

At this time, Ye Tianyi had also returned home for the New Year. After celebrating the New Year at home, Ye Tianyi returned to Xiangdao again.

In the office on the top floor of Tianxing Building, Ye Tianyi sat in his office correcting information. Rubbing his forehead from time to time, after all, it has been an extremely tense moment recently, and Ye Tianyi can't help but have a moment of relaxation, because if he is not careful, he will lose hundreds of millions of dollars.

You must know that in the previous life, Soros's first attack was resisted by the Thai political axe, causing a loss of nearly 300 million US dollars, but Soros knew that the Thai political axe would be defeated, so he did not relax in the slightest.

Compared with Soros's atmosphere, 300 million US dollars is gone, and the atmosphere is not breathing, but Ye Tianyi wants to breathe. A large family, so many employees have to eat and drink, and they don't get more money themselves, who will give them benefits? Who pays them?

Therefore, Ye Tianyi will not let himself have any relaxation, he must win, and he must win beautifully, this is Ye Tianyi's purpose.

At this time, the door of the office was opened, but it was Chen De who walked in, and Chen De was also holding the information in his hand at this time, thinking that it was for Ye Tianyi to see.

"Boss, here's the latest information." Chen De walked in front of Ye Tianyi and handed over the information to Ye Tianyi.

Ye Tianyi looked at it slightly and nodded.

"Boss, Soros led investment institutions to start borrowing up to $15 billion in Thai baht from Thai banks in February." "Then it facilitated a large-scale sell-off in the spot market, which increased the pressure on the Thai baht exchange rate to fluctuate, causing turmoil in the Thai financial market," said Tran. ”

Ye Tianyi nodded, it seems that although he borrowed seven billion US dollars and was noticed, it did not cause much deviation in history.

"What about the reaction of the Thai political axe?" Although Ye Tianyi already knew what the reaction of the Thai political axe would be, he couldn't help but ask, after all, he had to compare it with the information in his previous life, right? If something goes wrong, his money will shrink, which is definitely something that Ye Tianyi can't tolerate.

"The Bank of Thailand rose to the challenge and used $2 billion in foreign exchange reserves to stabilize the market in February alone, and everything is now underway," said Tran Tak with a smile. ”

Ye Tianyi nodded and didn't say anything. But Chen De couldn't help it, and hurriedly asked, "Boss, are we going to sell the baht now?" They absolutely can't stabilize the market, are we going to sell? ”

"No, not right now." Ye Tianyi leaned back in his chair, squinted his eyes slightly and said: "Now is not the time, now the Bank of Thailand is maintaining the market, and it is not certain who will win or lose." If you want me to say, it is not a problem for the Bank of Thailand to initially calm down this turmoil. ”

"Huh?" Chen De was dumbfounded, shouldn't he sell it now? Can the Bank of Thailand Really Stabilize? Regarding Ye Tianyi's words, Chen De couldn't believe it.

But Ye Tianyi smiled mysteriously: "You look at it, the central bank will be able to initially calm down this turmoil in a few days." Then it's time for us to take a shot and catch him off guard. ”

Chen De nodded, still confused: "Then when are we going to make a move?" ”

"Around March." Ye Tianyi said lightly.

Sure enough, everything is the same as Ye Tianyi said, Thailand's economy has been initially stabilized, and Soros's offensive has not been successful.

In Soros's office, he frowned at this time: "Why didn't they sell?" What are you waiting for? Is it timing? ”

At this moment, the door of Soros's office was pushed open, and his men walked in and whispered a few times under Soros's ear, but Soros frowned.

"Resisted this attack?" Soros just frowned, and there was no excessive expression on his face, as if everything was expected by him.

"It's just a preliminary stabilization of the market, and the plan continues." Soros waved his hand, and then the subordinate nodded and walked out, and began to operate.

On March 4, the Bank of Thailand asked nine finance companies and one housing loan company with liquidity problems to increase their capital by 8.25 billion baht (US$317 million), and asked banks and other financial institutions to increase the ratio of bad debt reserves from 100% to 115% ~ 120%, which increased the reserves of the financial system by 50 billion baht (US$1.94 billion), and the Bank of Thailand aimed at strengthening the stability of the financial system and enhancing people's confidence in the financial market.

But when he saw this information, Ye Tianyi's face showed a smile, he stood up violently, and waved his big hand: "Start attacking!" ”

(To be continued)