Chapter 105: Soros who is long

The depreciation of the won is inherently a good thing, because in the current environment, regional currencies are weak, and if the won strengthens because of the intervention of the Bank of Korea, it can easily become a target. At least from this point of view, the depreciation of the won will make the performance of the won in the currency market less prominent, and it may even avoid the attention of international investors.

Of course, these are just wishful thinking on the part of Park Hee-lai. Although he is the governor of a country's central bank, he does not know that Lu Dao has long had international funds targeting South Korea, and there are quite a few of them.

Just when Park Hee-rae was about to take a moment to explain to Luo Hyun what the essence of the exchange rate was, an inexplicable visit was taking place at Jong-seok's home.

"Mr. Chung, this is Mr. Lim Lok Geng, Director of Capital Markets at HSBC Asia Pacific. Mr. Lim is in charge of the Indonesian market, and he is here to discuss a deal with you about the Indonesian rupiah. When Andrew introduced Lin Legeng to Zhong Shi, he didn't see it and recruited the housekeeper Lin Kaixuan to prepare supper or something.

Although Andrew has been here a few times, Lin Kaixuan also recognizes him, but this kind of command still depends on the eyes of the master, seeing Zhong Shi nodded slightly, Lin Kaixuan went with confidence.

After lighting a cigarette, Zhong Shi sat down in the center of the sofa in the living room, stilted Erlang's legs, kept shaking, didn't look at Lin Legeng, casually spit out a green smoke, squinted his eyes and enjoyed it for a long time, and then said: "Lin Sheng, I heard that your HSBC lends a large amount of Hong Kong dollars to international speculators, is this true?" ”

Lin Legeng, who was already a little restless, had just sat down at this time. However, after hearing Zhong Shi's words, he immediately jumped up as if he had a spring installed on his buttocks, and his face suddenly became as white as snow. After laughing dryly twice, seeing that Zhong Shi was still looking neat, Lin Legeng wiped the beads of sweat on his forehead and said: "Zhong Sheng is really joking, we are one of the three major note-issuing banks designated by the Hong Kong government, how can we do our own backstage business?" ”

Before the Hong Kong dollar was attacked, various "rumors" circulated in the market. Among them are rumors about HSBC's large-scale lending of Hong Kong dollars to international speculators. For this reason, Lin Jili, general manager of HSBC, specially came forward to refute the rumors, saying that HSBC would not lend money to speculators to speculate in Hong Kong dollars.

The reason why Lin Legeng's reaction was so fierce was because he couldn't understand the purpose of Zhong Shi's words, if Zhong Shi was a member of the international speculators. However, when attacking the Hong Kong dollar in the past, it did not borrow enough funds from HSBC. Then at this time, he is very likely to be angry with HSBC. At that time, the deal you want to negotiate will be completely over.

On the other hand, the news that HSBC has lent large sums of money to international speculators has spread widely, and there was even news that the Hong Kong Monetary Authority was going to impose punitive interest rates on several banks, including HSBC. All this made HSBC really jump internally, but fortunately, the rumors finally stopped through emergency public relations.

It doesn't matter if you offend the small citizens, but if you offend a super customer like Zhong Shi, if Zhong Shi is angry and withdraws funds from HSBC and sells the brokerage channel, it will definitely be a major loss for HSBC. To know Lu Dao, Zhong Shi's Hong Kong dollar deposits with HSBC have reached billions.

Although it is not clear what Zhong Shi's position is, Lin Legeng still chose the official statement under the rapid change of mind, after all, this statement occupies the righteousness. After finishing speaking, Lin Legeng secretly glanced at Zhong Shi and found that the expression on his face did not fluctuate at all, as if he didn't hear what he said, Lin Legeng secretly breathed a sigh of relief, thinking that he had made the right bet.

Just when Lin Legeng was secretly rejoicing, Zhong Shi also confirmed one thing through his fierce performance, that is, HSBC really participated in the process of attacking the Hong Kong dollar, but not only did they get into a commotion, but even their own stock price was plummeted by more than half in just two weeks, and the market value was directly cut in half.

It's just that Zhong Shi is not a moral gentleman, nor does he work for the regulator, so naturally he will not be bored enough to evaluate HSBC's practice of secretly destroying the cornerstone of Hong Kong. The reason why he asked this question was because of the memory of his previous life, when the entire Hong Kong public opinion about HSBC's problems was boiling, but HSBC always denied the relevant accusations.

As an industry insider, Zhong Shi naturally knows that there is a jaw-dropping shady scene in the financial industry, not to mention other crimes, just talking about money laundering, the amount involved has reached an astronomical amount, so that HSBC was later fined up to $2 billion by the US SEC.

This life finally confirmed the doubts in his heart, Zhong Shi was in a good mood, and made a rare joke: "Lin Sheng, don't be so sensitive, I just asked casually." You must know that I have a cooperative relationship with your HSBC, and I am still a minority shareholder! ”

When HSBC's share price fell, Zhong Shi took the opportunity to acquire some shares of HSBC Holdings, accounting for about 0.02% of HSBC's total share capital, although it is not much, but as far as individual investors are concerned, it is already a larger shareholder.

Lin Legeng obviously didn't know what was going on, but he still wiped the beads of sweat from his forehead very cooperatively, and said with a wry smile: "Zhong Sheng, you are a big man, don't make this kind of joke with us workers in the future, my old man has a bad heart, I'm afraid that if I am stimulated by you three times or twice, maybe I will die one day." My death is a small thing, but it would be too much of a sin for you to be charged with scaring people to death. ”

"That's it!"

Zhong Shi waved his hand and gently lifted the stubble, then squinted his eyes, looked directly at Lin Legeng and said, "The gossip is over, isn't it time for Lin Sheng to say something serious?" There is nothing to do but go to the Three Treasures Hall, and everyone's time is precious. ”

Finally getting to the point, Lin Legeng also put away his hippie smile and said with a serious face: "Zhong Sheng, you once entrusted us to buy a sum of Indonesian rupiah worth 2 billion US dollars before, I wonder if you let it go?" Yes, now there is a seller who wants to buy the rupiah, the amount is relatively huge, because the liquidity of the rupiah in the market is not very good, so we would like to discuss with you to see if we can match this deal. ”

For the purpose of Zhongshi to buy the rupiah. HSBC is well aware that it is simply taking advantage of the currency depreciation to make a fortune. Obviously, this small young man in front of him is one of the international speculators who have changed the style of Hong Kong, and there is a general consensus among HSBC's senior management on this point, because most of Zhongshi's buying and selling channels are completed through banks such as HSBC and Standard Chartered.

As early as July, Zhong Shi bought 2 billion US dollars of rupiah through HSBC's channels, and has not yet made a move, thinking about the fact that this part of the rupiah has depreciated by more than 10%, which also means that Zhong Shi has lost more than 200 million US dollars in profits out of thin air. However, Zhong Shi is not in a hurry to release them, in fact, these are just ordinary short-term loans. The most repaid is still in the form of rupiah. In this respect, Zhongshi only lost some interest.

However, hearing that someone was interested in the Indonesian rupiah, and they were still buying, Zhong Shi was a little surprised, and he inevitably became interested in the other party. After thinking about it. Zhong Shi said cheerfully, "No problem. Since someone wants to buy the rupiah in my hand. I can sell it to him. But there is one condition, Lin Sheng, can you tell me who the other party is. I am very interested in knowing that in the current environment, there are still people who dare to hold weak regional currencies. ”

If Zhong Shi knew who the other party was, he could naturally contact the other party in private, bypassing the relationship between HSBC, and HSBC would not be able to receive commissions from both parties, and Lin Legeng knew this. But now that Zhong Shi has agreed, he no longer has to keep the other party's identity a secret. After thinking about it, Lin Legeng said hesitantly: "The other party's ...... It's quite famous, Zhong Sheng, Soros, you should know the way, that's right, the other party is the Quantum Fund. ”

"What?" Andrew, who was battling the steak on the sidelines, was so startled that he almost snorted the red wine in his mouth. He chewed a few bites quickly, swallowed the food in his mouth with difficulty, and immediately persuaded: "Zhong Sheng, the other party is the Quantum Fund, Soros is famous, we are opponents with them, will it be ......?"

"Can't help yourself?"

Zhong Shi turned his head abruptly and glared at Andrew unkindly, and the unkind look in his eyes could be seen clearly even by a blind man. Andrew was naturally no exception, he subconsciously shrunk his neck, and saw Zhong Shi stretching out his hand to point out, so he had to go out of the living room with a plate and red wine.

Lin Legeng next to him was naturally overjoyed when he saw this scene, he originally thought that Zhong Shi would regret hearing Soros's name, so he also pinned a tape recorder on his body, and threatened Zhong Shi when he changed his words, where did he think that Zhong Shi had no regrets at all, and even drove Andrew out of the court.

Young man, he is angry, and he doesn't know how thick the sky is! Lin Legeng thought gloating in his heart, but he didn't dare to show half a point on his face.

Sure enough, just after Andrew's figure disappeared outside the living room door, Zhong Shi turned his face, slapped the table suddenly, and shouted: "Hit your lungs, isn't it Soros, Lao Tzu bet with him." ”

Lin Legeng was ecstatic, thinking that the top management of HSBC was secretive about this kid, and it didn't seem to be very good today, thinking like this, he still pretended to persuade: "Zhong Sheng, you have to think about it carefully, after all, Soros is a famous figure, and you must think twice before you make an opponent with someone like him." ”

Instead of inviting generals, it is better to motivate generals, which is exactly Lin Legeng's attitude.

Unexpectedly, Zhong Shi's eyes rolled, and he looked at Lin Legeng suspiciously for a long time, and suddenly laughed loudly, and said while laughing: "Lin Sheng, thank you for reminding me, otherwise I would have really made up my mind to be a rival with Soros." Come on, come on, I really want to thank you. After speaking, he poured a glass of red wine and served it to Lin Legeng in person.

At this time, Lin Legeng regretted it in his heart, and he couldn't wait to slap himself a hundred times, thinking to himself why he was so cheap, he had to say more about it, now it's okay, even if the tape recorder in his arms records all the conversations, he can't force Zhong Shi anymore.

Holding the wine glass, Lin Legeng's two mouse eyes kept turning, and he quickly thought about how to reverse the current unfavorable situation, at this time, the aromatic and mellow red wine was drunk in his mouth, as if it was no different from boiled water, and he didn't taste it at all.

"It's a shame that my 90-year-old Valander Red Wine is so bad!" Zhong Shi watched Lin Legeng's performance playfully, and sighed silently in his heart. Although Zhong Shi doesn't like red wine, he can't see others spoil his collection so much. Belch...... If it's a treasure.

How famous is Soros at this time? It is absolutely not an exaggeration to describe it as thunderous, and what is particularly prominent is that in the past few days, the Hong Kong media has repeatedly reported news about the attack on the Hong Kong dollar and the sharp drop in Hong Kong stocks, and everything of this kind has to be attributed to Soros's head.

In fact, due to the extreme lack of understanding of the internal operation mode of hedge funds, and the fact that there are basically no sources, in the event of a currency crisis, almost everyone's first reaction is that Soros did it. (To be continued......)

PS: PS: Soros's long rupiah in the Asian currency turmoil is a real thing, in fact, most of the plot in the novel is true, the HKMA raised the call rate is not real, this call rate is determined by the market, of course, the HKMA can adjust this interest rate level through some means (tightening monetary policy). Finally, thank you for the book friends kissmedio and Ga Geli for voting for the monthly ticket! Thank you to the book friend Xiaowu and his father for the reward of this book!