Chapter 247: The Battle of the "Official" Base (7)
"yes!"
Zhong Shi naturally felt the same way, and couldn't help but echo in a loud voice, "We don't know how many chips the speculators still have in their hands. But judging from the market in the last fifteen minutes, it is clear that they have left their hands. At this time, we still have a hand, and we must be thinking about doing a big job in tomorrow's market, so we still have to be fully prepared. β
"According to my judgment, tomorrow the speculators will at least sell with at least twice as many chips as they did today, and they categorically refuse to let themselves fall into it. If nothing else, let's just say that if they really lose, at least in the futures market, they will have to shell out tens of billions of real money, which will be a fatal blow to them. Moreover, in the Hong Kong dollar position, they may have to pay a similar price. Therefore, I am afraid that twice the size of the capital is still underestimated. β
"Hey, no matter how powerful they are, are they even more powerful than today?" Ren Ruowei on the side was worried when he saw the two of them, and he was a little disapproving, clapping his hands and shouting, "Even if they are two or three times more powerful than today, we can't still eat it?" I said Zhong Sheng, Lao Ma, don't be so sad, instead of staring here now, it is better to go to the market to borrow some of the funds and come back, so as to make preparations! β
A word woke up the person in the dream, Zhong Shi and Ma Jiarui glanced at each other, and they both saw the surprise in each other's eyes. Yes, they were just thinking about how to deal with the attacks of the speculators, but they didn't think that they could also use leverage to defend themselves.
In the final analysis, this is also the reason why Zhong Shi gradually changed his investment style. After the debt crisis in '94 and the copper boom in London, Bell Stone's investment style tended to be conservative and no longer used too much leverage. Even this time for the speculation of Hong Kong stocks, Zhong Shi did not think of using a brokerage bank to raise funds, so the two fell into a misunderstanding of thinking for a while.
But then again, with hundreds of billions of Hong Kong dollars, I am afraid that no brokerage can raise a comparable amount of funds. Foreign banks may still be able to come up with some of the funds, but now, the eight major foreign investment banks, including Stanley and Goodman, have been shorted, and it is obviously impossible to come up with funds to lend them money.
It's just that no matter how tight the time is. Financing could not be more difficult. Zhong Shi and Ma Jiarui have to give it a try.
The two of them raced into their respective offices and began to make frantic phone calls, first to the bank and then to the brokerage. There are also other wealthy businessmen-level friends. At this moment, both of them had only one thought in their hearts. That is, do not let go of every possible financing channel.
Originally, Zhongshi still had nearly $5 billion in additional funds, but this part of the funds is still in the US Treasury bond market, and it is too late to complete the process of cashing out and exchanging foreign exchange in the short term. Therefore, Zhong Shi didn't even think about it. In fact, he is also selfish, if the Tianyu Fund really loses this time, he will be able to make a comeback with this part of the funds.
However, Zhong Shi is also gambling that the Hong Kong government and the central government will not allow international speculators to wreak havoc on Hong Kong. In fact, it is true that two deputy governors from the People's Bank of China and Huaxia Bank are already waiting in the HKMA building, followed by a sums of up to US$10 billion, ready to bail out the market.
It is only now that the Financial Secretary, the HKMA and the X-Spatial Fund have reached an agreement that these funds have not been moved. But they are also happy to be at ease, after all, not entering the market means that there is no risk.
At least so far, they are still very satisfied with the rescue work of Tianyu Fund, otherwise Cen Yinquan's call would have reached Zhong Shi's office long ago.
"Boss, there are a few guests outside who want to see you, saying that they are from Indonesia and have been waiting for an afternoon!"
Just as Zhong Shi was scrambling through the phone book, an employee in charge of reception walked up to his office, knocked on the door twice, and said politely, "Look, are you receiving them now?" β
Like other funds, Tianyu Fund also set up two reception ladies at the front desk, their task on weekdays is to receive those visiting guests, because Tianyu Fund has gradually repaid the funds of external investors in recent years, and transformed into a closed fund only open to internal employees, so there are only a handful of customers who come to visit Tianyu Fund, and these two young ladies are naturally happy, not to mention their salaries are also very high.
Although they didn't know what the employees were doing in front of the computers on the trading floor all day, from the recent atmosphere of facing great enemies and everyone's solemn expressions, they realized that it seemed to be a very critical time recently, so when the Indonesian guests visited, they repeatedly apologized for leading them to the reception room, instead of bothering Zhongshi rashly.
"Go! Go! Go! Zhong Shi waved his hand impatiently, motioning for her to leave quickly, "Don't you see that I'm busy?" What the? Indonesian guests? Let them wait a little longer, huh...... Wait another half hour! β
As soon as he heard that it was a guest from Indonesia, Zhong Shi couldn't help but be stunned, tilted his head and thought about it, and finally decided to meet him.
After the front desk lady bent over and went out, Zhong Shi continued to make calls, but the result made him quite frustrated, because the time was too urgent, only a few banks with which they maintained a good relationship were willing to lend them funds unconditionally, and the total amount was only about a billion Hong Kong dollars. And this money, for the current Tianyu Fund, is simply dispensable.
In terms of the economy, it is even worse, as market makers, they have hoarded a large number of stocks in the "dark pool", which takes up a lot of liquidity. Zhong Shi asked several brokerage firms in a row, and the most of them could only borrow hundreds of millions of dollars, while the least could only lend millions of Hong Kong dollars.
This result is not Zhong Shi's expectations, the bank has fallen into a tight liquidity situation because of the margin position and speculation loans, and Zhong Shi opened his mouth, saying that he wanted to borrow tens of billions of Hong Kong dollars, which may be realized through guΓ² mortgage on weekdays, but now there is only a short day, even the procedures are too late to handle. As for brokerage firms, most of them are unlikely to have more than 10 billion in total assets. Naturally, it is even more unlikely.
On the other hand, most of their wealth is in stocks, and most of them have plummeted because of falling stock prices, not to mention liquidity. Zhong Shi asked several people in a row, and at most he could only lend hundreds of millions of Hong Kong dollars, and more was impossible.
"I can only lend seven or eight hundred million here, what about you?"
Half a day later, Ma Jiarui walked over from next door, with a depressed face, and reported the situation of his side of the loan. Then he asked Zhong Shi with a hopeful face. "Zhong Sheng, you know a lot of bigwigs, can you borrow more funds?"
It was only the next moment that he saw Zhong Shi with a wry smile on his face. The little hope that had just risen in my heart was immediately shattered.
Then. Ren Ruowei also walked in. Without saying a word, he sat directly on the sofa chair and spread his hands. Show yourself that there is nothing you can do.
"Zhong Sheng, I haven't seen my old friend for a long time, why is the shelf so big now, and you still want me to visit in person?"
Just when the three of them were speechless, the door of the office was pushed open from the outside, and a familiar voice sounded immediately, and when Zhong Shi looked up, Lin Shien's trademark red face appeared in front of Zhong Shi.
"Mr. Lin, is that you?" Zhong Shi quickly stood up, walked two steps to the door, stretched out his right hand and held it tightly with the other party, "You are a guest from Indonesia?" I really didn't expect it, I was really sluggish! Sorry! Sorry! β
The Indonesian Lin family, the third wealthy family among the Chinese family, is mainly engaged in hotels, and its business is located in Indonesia, Malaysia, Singapore and other places.
Ma Jiarui and Ren Ruowei also quickly stood up, although they didn't know each other's origins, but seeing Zhong Shi treating each other so solemnly, they knew that the other party's origin must be extraordinary. The two politely greeted Lin Shien and quickly exited the room.
I haven't seen him for half a year, Lin Shien's face hasn't changed much, but the deliberately grown beard makes him feel a little vicissitudes. After greeting Zhong Shi for a while, he said straight to the point: "Mr. Zhong, I took the liberty to come here this time to ask you to help us again!" β
"What?" Zhong Shi was horrified when he heard this, and shouted in a lost voice, "Isn't it that xenophobia has happened again in Indonesia?" Why haven't I received any messages? β
In April and May, Zhong Shi traveled to Indonesia and, together with the ambitious vice president at the time, Datuk Yusuf, to remove Indonesian President Suharto, who was intent on creating a xenophobic storm, and averted a horrific conspiracy. Although Zhong Shi was not mentioned as a foreigner in the news released afterwards, for the Lin family, who knew many insiders, Zhong Shi's role in this bloodless coup d'Γ©tat, they naturally knew very well.
"Nope! No! No! Lin Shien hurriedly denied, "Although there are xenophobic things, it is impossible to be as terrifying as before." I came this time with the sustenance of the Indonesian Chinese, hoping that Mr. Zhong could help us take care of a sum of money. β
Immediately afterward, he began to talk about the changes in Indonesia after Zhong Shi left.
It turned out that although Yusuf became Indonesia's president as he wished, his political enemies did not give up their attacks on him, and Indonesia's poor economic situation also gave them enough ammunition to create zΓ o. The months-long lashing has left Yusuf's new government in disgrace, and it is simply at a loss in the face of a scorched situation. After several economic stimulus attempts failed, Yusuf, who had only been president for a few months, had to strike a deal with his opposition to step down from the presidency in the coming months, followed by real national elections.
Capital, which does not see Indonesia's economic recovery in the short term, has begun to look for new areas of investment. It was at this time that Zhong Shi entered the sight of Indonesian Chinese businessmen, firstly, what he did made these people admired, and secondly, through a rough investigation, they determined that Zhong Shi was an asset management talent, so Lin Shien had this trip to Hong Kong.
"It's not impossible!" After Zhong Shi pondered for a moment, his face was sad, "I'm sure you've also heard that the Hong Kong market is currently in turmoil, and it's not certain who will win or lose." To tell you the truth, I'm now deeply involved in it, betting that the Hong Kong government's side will win. If you win, the future gains are immeasurable, and if you lose, I am afraid that the next few years will be relieved. By the way, how much money did you prepare for this visit? β
"3 billion US dollars, all of which have been converted into Hong Kong dollars!"
Regarding the current situation of the Hong Kong stock market, Lin Shien naturally heard about it, and he immediately hesitated, after all, not all the money belonged to him. However, after seeing Zhong Shi's smiling expression, he realized something, gritted his teeth suddenly, patted his chest and said, "We also admit it because of your love for helping us." The money will go to your fund! β
In fact, Lin Shien was also selfish, before he came, his team had already investigated the situation of the Tianyu Fund, although he did not find the core number of the fund during the period, but with the excellent performance of several other funds, he was prompted to invest these funds in the Tianyu Fund.
"Well, I won't let you down!" After hearing this, Zhong Shi's face suddenly showed a smile, and a big stone hanging in his heart suddenly fell to the ground.
The next moment, the hands of the two were tightly clasped together again. (To be continued......)
PS: Thank you book friends for the autumn of the south and the hero of Hu Wang for voting for the monthly ticket! At the same time, I would like to thank the book friend apo11o for his encouragement, and the author will continue to work hard~