Chapter Twenty-Eight: The Offer Is Coming
In addition to the most primitive trading of foreign exchange and taking advantage of the depreciation opportunity to earn the difference, Zhongshi's two option contracts also made a lot of money.
Since October, the Swiss franc has been frustrated by the entire European currency crisis and has been falling all the way, falling below the 0.7 mark on November 6, from the highest of 0.8 US dollars per Swiss franc at the beginning of October to 0.7 US dollars per Swiss franc.
Unlike other European countries, the Swiss government has a free-floating exchange rate system, and the value of the currency was depressed for a while, and after the intervention of the Swiss National Bank, it quickly returned to the normal range, rising again to 0.7 in early December.
More importantly, Switzerland is the largest offshore financial center on Shijie, and its banking sector is highly developed. Due to the anonymity of deposits and the high degree of financial security, a quarter of the private wealth of the world's wealthy is stored in the country's banking system.
In mid-November, Bell Stone's short Swiss franc option expired and closed its short position of 3.75 billion Swiss francs at a rate of 1:0.6900, netting $375 million.
The SEK contract ran into trouble, but HSBC, which had made the guarantee, paid $600 million to successfully close the option. However, HSBC did not lose much, as the Swedish government promised to guarantee all commercial banks during the financial crisis, so their losses were not huge. At most, it takes a little time.
At this point, all the operations of Bell Stone in the European currency crisis came to an end. In order to protect France, the European exchange rate system expanded the range of currency fluctuations from 3% to 15% after 93 years, and to some extent this ranged floating system has become extinct. Bell Stone also does not plan to attack on the franc, which will be the battleground where the other main Tiger Fund in this attack will be famous all over the world.
Combined with the more than $300 million he had previously acquired in the British market, Bell Stone had made a total profit of more than $1.2 billion in the European currency crisis, which now puts the amount of money he can now control to more than $3 billion, which is more than the gains of most of Wall Street's hedge funds that year.
At the end of December, the weather in Hong Kong also began to get cooler, and most of the pedestrians on the streets wore clothes.
But at this time, in the living room of Zhong Shi's mansion. But it's a hot scene. Zhong Shi and his family sat at the round table. Celebrate the old man's discharge from the hospital.
Zhong Fangzhuo sat on the main seat, his face ruddy, carefully looking at every family member sitting at the table. Beside him sat a young man of twenty-three or fourteen years old. is at a loss to face everyone's eyes.
This young man who does not sit according to generations is Zhang Wei. After Zhong Shi revealed his family background slightly. He couldn't wait to take advantage of the connections in his hands and quickly applied for a permit to come to Hong Kong. Before he came, he had imagined what the Zhong family would be like countless times. But after actually getting here, I was still stunned by the luxurious decoration here.
Hearing that his grandson came to Hong Kong, Zhong Fangzhuo, whose condition had improved greatly, couldn't sit still anymore, and shouted twice to be discharged from the hospital, but Zuihou or Zhong Shi found a way to compromise, and hired a family private doctor, and made an appointment with the attending physician to come back for follow-up visits regularly, which allowed Zhong Fangzhuo to be discharged from the hospital.
"Grandpa, what are you looking at?"
After watching Zhong Fangzhuo's eyes turn around and finally freeze on him, Zhang Wei couldn't help but widen his eyes and asked a little overwhelmed.
His grandfather's voice was extremely natural, without the slightest psychological barrier, although there was a blood relationship, but it was more about the Zhong family's property.
"Good! Good! Zhong Fangzhuo smiled when he heard this, nodded incessantly, and then tapped the plate: "Open the meal!" ”
Hearing his command, the servants who had been waiting for a long time took action one after another, and all kinds of exquisite dishes with all kinds of colors and flavors were served like flowing water mats, which made Zhang Wei open his eyes again.
He has been here for a few days, and Zhong Shi also took him out for a few meals, but this meal was specially prepared by Zhong Fangzhuo for him and to celebrate Zhong Shi receiving an offer from an American university.
The final results of Zhong Shi's college application came out, and several American universities accepted his application and offered full scholarships. Although these universities do not have very high approval rates, there will always be some differences in the treatment of the rich and the privileged, after all, most of the funds they run come from donations from alumni, and they are all private universities, and even the government departments have some tricks in the recruitment process.
However, Zhong Shi was admitted on his own, and exams like the SAT were not difficult for him, plus he revealed a little bit of what he did, so that his application was passed without much difficulty.
The other people at the table had never seen such a big formation, but the two of them moved around a lot on weekdays, and they were not inhibited by each other, so although they were all surprised in their hearts, they were not as conspicuous as Zhang Wei behaved.
Zhong Shi looked at the expression on Zhang Wei's face and felt funny, this cheap cousin is also the second generation of officials, how can it be like Grandma Liu has entered the Grand View Garden. However, at this table, he has the lowest rank, and he has no part to speak at all.
"Today I am very happy that the whole family is finally reunited, although your mother did not come." Zhong Fangzhuo patted Zhang Wei's hand, with a long-lost smile on his face, "Don't talk about this, our family now has another college student, and it is also an American university." I'm so happy in my heart......"
Admission to university was equivalent to winning the imperial examination in ancient times, and old-school people like Zhong Fangzhuo attached great importance to it.
"Dad, don't get excited, let's go first!" Zhong Jianguo, who was next to him, saw that the old man was emotional, and quickly stood up. picked up the wine glass and touched the wine glass in front of Zhong Fangzhuo, and then drank it all. "Dad, I'm happy today, don't say those uninteresting words, there are still children here."
Zhong Fangzhuo looked at Zhong Shi who was sitting at the table, put down the cup he had just raised again, and sighed: "Hey, it would be nice if everyone was here!" ”
Now he likes the United States on the other side of the ocean, and Zhong Xiaohui is studying in Lihai, in addition to that. and Zhang Wei's mother. I don't know what she's thinking now.
"Grandpa, it's not a problem. Gai Ming'er, I'll buy a private jet and let you go as you please. As long as you want to see my brother or my sister. You can go any time. Do you think it's okay? Seeing the scene, there was silence. Zhong Shi hurriedly interjected.
As soon as Zhong Shi heard this, the whole family laughed. They only knew that Zhong Shi was rich, but they didn't know how much money Zhong Shi had. It's just as Zhong Shi is telling a joke. After they listened, they began to talk and laugh again.
Only Zhong Shi himself knows that this is not a joke, he has long been seriously thinking about buying a private jet, and with the development of the consortium construction in the future, he is bound to travel around the world, and having a private jet will greatly facilitate the scheduling.
Private jets are generally docked at the airport, and the monthly parking fee and basic maintenance are a lot of money, and when major repairs or inspections are required, they often require hundreds of thousands of Hong Kong dollars, but this money is a drop in the bucket for Zhong Shi's current net worth.
After Zhong Shi's "gag", the atmosphere at the dinner table was enlivened again, Zhang Wei was also very eye-catching, and saluted several elders present one by one, and a series of good words came out of his mouth quickly, and soon brought his relationship with everyone closer.
"Good! Good! Good! After being full of wine and food, Zhong Fangzhuo coughed lightly, and the dining table suddenly fell silent, everyone knew that the old man was going to speak, so they all stopped the chopsticks in their hands and pricked up their ears to listen carefully.
"Zhongshi, have you decided which school you are going to go to? Also, Xiaowei, since you are here, you will play for a few more days, and when you go back, talk to your mother, let her come over early, and say that I, as a father, really can't stand her, and I have wronged her all these years. ”
Zhang Wei was also a little drunk, and he didn't notice the serious expression of the old man when he spoke: "Grandpa...... Don't you say it...... My mother is not wronged...... You don't know...... My grandfather's house is ...... Okay......"
Before he could finish speaking, he fell headlong on the table and snored regardless of his image.
The situation of the people at the table listening to each other was broken, and the Zhong family looked at each other, and they couldn't help but laugh. Zhong Fangzhuo was even more hahadaxiao, and with a wave of his hand, he asked the servant to carry Zhang Wei back to the living room.
This is the end of the family feast. Zhong Shi returned to his room, carefully flipped through several admission letters sent from the United States, weighed them in his mind, and finally decided to choose the University of Chicago.
In addition to its remarkable achievements in economics, the University of Chicago is a well-known private university with high rankings in physics, mathematics, literature and other majors among American universities.
More importantly, Chicago is the third largest city in the United States and an extremely important financial center, second only to Wall Street in the United States, and the seventh largest financial center in Shijie. There are heavyweight exchanges such as the Chicago Mercantile Exchange and the Chicago Board of Trade that play a pivotal role in the global futures and options market, trading interest rates, foreign exchange, stock indexes, agricultural products, timber and other underlying commodities every day.
However, there is only one problem, and that is that the University of Chicago is located in a black neighborhood, and there is a certain degree of uncertainty in terms of security. (To be continued......)
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