Chapter 385: Planning Two Things
Early the next morning, the Bank of Thailand announced the end of a basket of monetary policy and allowed the baht to float freely. As soon as the news broke, the Thai baht depreciated by 20% against the United States!
Countries such as the Philippines, Indonesia and Malaysia, which share Thailand's economic problems, were quickly hit hard by the baht's depreciation, and on July 11, the Philippines announced that it would allow the peso to be allowed to compete with the dollar on a larger scale, depreciating the peso by 11.5% on the day. On the same day, Malaysia was forced to abandon the exchange of its currency against the US dollar, and the rupiah depreciated by 14% from July 2 to 14 by raising the bank interest rate to prevent the ringgit from depreciating further.
The entire Southeast Asian economy has been affected, and Hong Kong is not immune.
In just 10 days, the Hang Seng Index plummeted by more than 600 points, and the four pillar sectors of finance, real estate, trade, and tourism were all "hung up". After the market opened in the afternoon, the US dollar once fell to the level of HK$7.75, which is considered a warning line by the Hong Kong Monetary Authority, and the situation lasted for more than two hours!
Predicting a worse situation a few months ago and formulating a series of countermeasures, the Hong Kong government did not get overwhelmed by this.
As soon as the Hong Kong dollar showed signs of being attacked, the HKMA immediately announced that it had foreign exchange reserves of HK$569 billion as originally planned, while at the same time, the first echelon of Chinese-funded institutions, under the organization of Deputy Governor Wu and the Hong Kong and Macao Working Committee, mobilized more than US$1 billion to enter the market, causing those small speculators to suffer losses and leave the market in less than two hours.
Wu Jinhua clearly understood that this was just the beginning, and in order to ensure the credibility of the SAR government, he had his first dispute with his immediate boss. At the last moment when Mr. Dong stepped onto the press table. Convince him to delete "Hong Kong's stock market turmoil." It's just a temporary adjustment" and other statements that did not have any convincing content.
Ironically, despite reaching a consensus with China Y on this issue, the spokesperson of the Ministry of Foreign Affairs also swore that "it is not surprising that the Hong Kong stock market has experienced such fluctuations in the past."
Fortunately, the leaders of the People's Bank of China reminded them in time that they did not make similar remarks at the second press conference. Instead, the focus is on "Hong Kong stock market fluctuations are matters for the SAR government to deal with on its own, and the Chinese government will follow the principle of 'one country, two systems' and will not directly intervene in Hong Kong's stock market and the exchange rate of the Hong Kong dollar."
Except for a trip to Xinsheng Investment on the day of return, the charter has never been there. I have been staying at home and in the real room, accompanying my wife and son, and waiting for my daughter, who is in junior high school in the United States, to go to Indonesia for a "vacation" as planned.
Singapore, which borders Indonesia, is also one of the destinations, so the first stop is in this picturesque Lion City.
During this period of time, the three major financial investment institutions of the NB department can be described as making money every day, and from the airport to the hotel, His Royal Highness the Prince has earned millions.
There's nothing more exciting than that, and it's more generous than before. It doesn't matter if Qingqing is old enough to take a driver's license. As soon as they met, they smiled happily: "My dear little princess, in order to express my friendship with your father. To show the love that my uncle has for you, I have decided to give you the latest Ferrari sports car. ”
As he spoke, he took a magazine from his entourage, pointed to the picture on the cover and asked: "If you want red or white, I'll let someone book it for you now, take a driver's license test in two months, and pick up the car when school starts, just in time." ”
I'm trying to avoid being pampered, and you're actually coming to this one.
Seeing the excitement flashing in her daughter's eyes, Xia Yao grabbed the magazine without hesitation, and said angrily: "Your Highness, Qingqing is still young, and she lives in the school, so she doesn't need a car for the time being, we appreciate your kindness." ”
The last time I went to visit Qingqing at school, I left tens of thousands of dollars, and I was wronged by Xia Yao on the phone for nearly half an hour, and I ordered Qingqing to remit the money back, and today it is like this, and in front of so many people, Prince Matebu was very embarrassed, and while signaling his entourage to go out, he said step by step: "Xia, you are always like this, children are not educated like this, as a mother, you have the responsibility, obligation, and ability to give her a better life." ”
The little girl was not afraid of anyone, but she was afraid of the mother beside her who couldn't be stricter, so she hurriedly said: "Uncle Prince, compared to those children in the war-torn area, my life is already very good. My mommy was right, I went to boarding school, I didn't need a car, and I wasn't old enough to get a driver's license. ”
"Okay, Uncle Che will keep it for you, call me when you need it."
Prince Matebu touched her head, then turned around, and introduced with embarrassment: "Xia, this is Linda, we just got married, and considering that you and Zhang are too busy, we didn't invite you to the wedding." ”
Since the Charter, His Royal Highness's perception has changed dramatically.
Especially in the concept of family and marriage, he has become very progressive, very civilized and responsible, resolutely opposes polygamy, and advocates respect for women. So marriage and divorce have become a bit frequent, in the past four years, Charter and Xia Yao have actually attended his four weddings, I really don't know that this blonde, blue-eyed, tall sexy girl in front of me is the first princess.
It is not at all true that men become bad when they are rich.
Xia Yao didn't take it seriously, and he didn't want his daughter to be spoiled by this princess, so she smiled and said: "Hi, Linda, it's a pleasure to meet you, in order to make your stay in Singapore more comfortable, I booked you the best suite, on the 26th floor, you can see the entire bay." ”
This is the 12th floor, and it actually drove itself far away.
Thinking that there were indeed a lot of things that he had done in the past, Prince Matebu was even more embarrassed, and said stupidly: "Then you go up first, I have something to talk about with Zhang." ”
Afraid of something, Linda, who was dressed in jewels and heavy makeup like Marilyn Monroe, actually stood on tiptoe in front of the children and kissed Metbu on the face with a big grin, before she said angrily: "Baby, then you have to hurry, don't make me wait too long." ”
The man was left home, and Prince Metbu had goosebumps. Hurriedly pushed her out the door.
"Summer. Not...... Not...... I'm sorry. Linda is good at everything, but it's too ...... Too...... It's so enthusiastic that it doesn't matter who it is, what the occasion. ”
Xia Yao glanced at it, then pointed to the balcony and said with a smile: "Be enthusiastic, but don't expect us to give any more gifts, go ahead, the charter is waiting for you." We also have your favorite black tea. ”
Since they are friends and business partners, although they don't see each other a few times a year, and even rarely call, the relationship between the two rich people has always been very good.
There was no politeness, no ushering in the send-off, and no intrigues, so I sat down and talked about the rapidly spreading and intensifying financial turmoil in Southeast Asia.
"Indonesia can't hold out for a few days, and once the Indonesian government announces that the rupiah will float freely, it will inevitably depreciate sharply, and now it looks like the Hong Kong dollar is solid. It is likely to be the next target of international travel funds. ”
The financial turmoil has not only swept Southeast Asia, but also affected Western countries. Xinsheng Investment is making a lot of money here, and Diamond Capital and NB Bank certainly can't miss this once-in-a-lifetime opportunity to make a little money in the stock market with the remaining funds. Whenever he thought that wealth was flowing into his pocket, His Royal Highness the Prince was in a particularly good mood.
In addition to making money by himself, which is far from luxury consumption compared to his uncles and brothers, in addition to investment is investment, I really don't know what to do when I make money? Is it really to grab the ranking of the richest man in Arabia?
The charter smiled, looked at the real reclamation site from afar, and said: "Your Highness, Hong Kong will indeed become the next target, in fact, there have already been speculators who have tried, but if the main force of the tour capital really targets Hong Kong, then we can only stand on the opposite side of them, at least the exchange rate cannot be collapsed by them." ”
The palm of the hand is meat, and the back of the hand is also meat.
Prince Matebu is not only the president of Diamond Capital, but also the third largest shareholder of NB Electric, how can he not know the importance of the Chinese market to the company, after thinking about it, he smiled casually: "Zhang, you can rest assured at this point, whether it is out of our friendship with Wu or based on the future development of the company, I will respect the decision of you and Ding." ”
"Thank you."
"Thanks for what?" He smiled slyly: "Hong Kong is not Thailand, let alone Indonesia, there are so many foreign exchange reserves, even without the help of you and Ding, the exchange rate can be maintained, but it just has to pay a price." What's more, in addition to the exchange rate, isn't there also a stock market? ”
Before the return, the Hang Seng Index was speculated so high, giving international speculative institutions so much room for shorting, relying on the development of Hang Seng Index futures Xinsheng Investment will naturally not miss it, as early as the charter to the Y government before the reminder, made up to tens of billions of Hong Kong dollars of contracts. When the Hang Seng Index falls to 10,000 points, the income will exceed 100 billion.
This is not a dead end, because the constitution really wants to do something for Hong Kong.
Looking at Prince Mateb's smiling face, he smiled and said, "Your Highness, don't you think we should expand the scale of our financial business?" For example, take a stake in one or two more powerful banks. ”
After several years of rapid development, NB Bank has entered a bottleneck, His Royal Highness the Prince pondered for a moment, and said with a tacit smile: "It is indeed necessary, and now is a good opportunity, how about HSBC and Standard Chartered?" If he can become the third or even second largest shareholder, I think it will be very helpful to Wu. ”
HSBC's market capitalization is huge, and its stock price has not been stable for a long time, and the capital community has called it a "big stupid elephant".
And when the stock price of the "big stupid elephant" takes off rapidly, the outside world often sees this as good news, or a signal that the stock market trend can be red-hot. There is also a popular saying in the investment community that "Christmas bells, buy HSBC", believing that buying HSBC on Christmas Eve will undoubtedly make money.
However, at the critical moment when the entire Southeast Asian economy is in trouble and the UK has not come out of the shadow of the pound crisis, this "big stupid elephant" may fall down and cannot fly up. What's more, it also has a controlling stake in Hang Seng Bank, holding a 62.14% stake in Hang Seng Bank.
Standard Chartered Bank is also one of the note-issuing banks in Hong Kong, with a wide range of operations, second only to HSBC in terms of business volume among foreign banks. The parent company, Standard Chartered Group Limited, is listed on the London Stock Exchange and the Hong Kong Stock Exchange, and its share price has also been falling every day during this time.
Wu Jinhua wanted to abolish the LERS, but it would not have been possible without their support, and Prince Mateb obviously saw this, so he said that it would be helpful for him to take a stake in HSBC and Standard Chartered.
He agreed with his idea charter was happy and even a little moved. Because it means that all the gains in the financial turmoil will be exchanged for the shares of the two major banks. It is equivalent to the high income of "diamond capital" in the United States. Investing in HSBC and Standard Chartered is not only low in return, but also slow in yielding results.
It seemed to know that he was going to thank him again. Prince Mateb put down his cup, walked to the railing and stretched his arms, and said with a smile: "Zhang, if nothing else, my wish will come true in a week at the latest, frankly speaking, I have lost my enterprising spirit now, and I have been thinking all day about how to ensure that my assets do not shrink." Holding an influential bank is undoubtedly the best investment channel in front of you. At least not as risky as those high-tech companies. ”
The charter was stunned for a moment, and asked suspiciously: "Your Highness, are you not optimistic about the new economy of the United States?" ”
"It's not that I'm not optimistic, but I feel that this concept is too hyped. A company that loses money continuously and has no income has a market value of hundreds of millions or even billions, don't you think there is a bubble? ”
"It's not a bubble, it's worthless."
"yes, so I want to find a suitable time to get rid of all those stocks and transfer all those shares."
There's a lot of money. He has also become less courageous, but it must be admitted that he seems to have an innate sense of crisis. It was predicted that the booming Internet economy was going to go wrong.
There is a trade-off in everything, and if it persists for another year or two, "diamond capital" will be able to make greater profits in the American high-tech companies in which it controls and holds shares. Now, if you cash them all out, you will be able to gain more equity in Hong Kong's two major banks, and then have more say in Hong Kong's future economic development.
The stock prices of those Internet companies are rising, and after the current hurdle, the stock prices of the two major banks in Hong Kong will also rise, and the articles of association weighed it and said categorically: "Since you have this concern, then we will not do anything, simply raise more funds, and start in London and Hong Kong at the same time, and win Standard Chartered cleanly." ”
Standard Chartered's market capitalization is not as large as HSBC's, and it is listed on two different exchanges at the same time, so it is not so noticeable to move, and the acquisition of the bank of the former suzerain, Prince Metbu suddenly became interested, and immediately laughed: "It's a good idea, and it's very interesting." ”
"That's it?"
"I can't think of any reason not to do it."
"Okay, Mr. Ding is in charge of the Hong Kong side, and the London side is handed over to the NB Bank, you are responsible for the follow-up funds, and you can borrow it from your friends if necessary, it is really not enough to use my brother-in-law and my sister's equity guarantee in NB Electric."
Prince Metbu pondered, shook his head and said: "Empty the 'diamond capital' to hold the equity and shares of high-tech companies, and give up part of the equity of Mohammed's company, I don't think there is any need to borrow from other banks." ”
"Okay, let's talk about the second thing."
The charter nodded slightly, walked to his side and pointed to the Strait of Malacca in the distance, and said worriedly: "Your Highness, there are many of our agents, distributors and partners on the other side of the strait, and most of them are Chinese. They sold NB Electric's first high-voltage cabinet, the first 110 kV 2000 capacity transformer, and NB Medical's first medical CT machine in the Southeast Asian market. It can be said that without their help, there would be no NB Electric today. ”
NB Electric's power transmission and transformation business is developed by the Southeast Asian market, and as the company's third largest shareholder, Prince Matebu is not ignorant of this.
Just when he was puzzled, the charter suddenly said: "This financial turmoil will have a huge impact on the Indonesian economy, and with our understanding of the Indonesian government and Indonesian political situation, they are likely to transfer the contradictions when the domestic economy is in trouble, and the way to transfer the contradictions will be very violent and even bloody, whether as a Chinese, as their long-term partners, or as a participant in this financial turmoil, I think I have the obligation and responsibility to do something for them, at least to ensure their safety." ”
Prince Matebu understood as if he had been empowered, and asked with an incredulous expression: "Zhang, you mean that they will intensify racial contradictions?" ”
"Quite possibly, after all, they have such a criminal record."
"So what can we do?" The charter asked for help in the real sense of the word for the first time, and neither the public nor the private Mai Tebu wanted to disappoint him.
"I have asked my colleagues from the Indonesian branch to compile a list of agents and distributors with their home addresses and contact information, and I would like to ask you to communicate with the Saudi embassy and ask the embassy to provide them with asylum if necessary."
That memory is too painful, but NB Electric is just a company, he is just a mortal, and he can only save as many people as possible through guò in this way, after all, agents and dealers have relatives and friends, and they can use this as an excuse when disaster strikes.
Thinking that China was jokingly called a "permanent non-council member" and that he would definitely not be able to count on it at a critical moment, Prince Mateb lowered his head and said very seriously: "Zhang, don't worry, I am also a shareholder of the company, and I will never let them suffer any harm." ”
"I am convinced of this, the key is that they all have relatives and friends, and if there is a genocide like that in Bosnia and Herzegovina, I am afraid that the Saudi embassy alone will not be able to save so many people."
"The financial crisis has just erupted, we have time, Kuwait, UAE, Jordan, Qatar...... The entire Arab League will be on our side, and you must know that in the atrocities of the Bosnian Serbs against the Muslims, they owe us a favor, a big favor! ”
Natasha risked her life to report on the atrocities of the genocide in Bosnia-Herzegovina, prompting the United Nations and NATO to save a large number of Muslims who were about to be brutally slaughtered, and had a very strong impact throughout the Arab world, especially the Saudi royal family, which claims to be the religious leader.
It is also because of this that the charter is looking for him, and not his good neighbor Angra, who is about to lose in the next general election.
"Then please," he said, holding his hand, "This is the worst-case scenario, and in order to avoid them taking risks, I would also like to pay more attention to the situation in Indonesia in the next two years, including the Middle East BNB." At the same time, NB Airlines should also make preparations, and at critical moments, it can evacuate more people in the form of chartered flights by the Saudi and Kuwaiti governments. ”
He never joked about something so heavy.
Prince Mateb realized the severity of the problem, because the party who committed the violence must be Mu Slin, he touched his mustache with mixed feelings, and asked in a low voice, "Where to retreat?" ”
"Here, retreat here, I don't think the Singapore government will sit idly by." (To be continued......)