Chapter 22 The Tianyu Fund Makes a Move

After the silence period, Zhong Yi frequently accepted interviews with major financial newspapers in Hong Kong, and became a big celebrity in the city for a while. Many people wondered how it was that such a number one person, who had almost never heard of in the local business community before, suddenly flashed like a comet.

Good Things magazine began to gossip about his past, exposing a series of experiences such as how he transferred from the mainland to Hong Kong and then went to the United States to study, especially in 1992, when a paper on the depreciation of the pound was published in full, which made him a hot topic. The image of a young talent who is both knowledgeable and worth billions is about to come out, but to the disappointment of those girls who dream of marrying into a wealthy family, this Mr. Zhong is engaged and will be married soon.

"How's it going, it's nice to be on the cover, right?" When the complacent Zhongyi came to Zhong Shi, his face was full of smiles that could not be hidden, and Zhong Shi couldn't help but tease.

This time, he likes to hold 20% of the total shares, which is about 2 billion Hong Kong dollars according to the market value of the market at the beginning, and he is also the largest individual shareholder. Of course, this was through a series of complex shareholding changes, including the sale of a 20% stake by the original majority shareholder, Skyline International Holdings Limited, to an offshore company, and then this part of the stake changed hands in a series of offshore companies, and finally fell into the hands of Zhongyi.

This series of cumbersome and complicated equity changes, the first is to avoid taxes, and the second is to hide Zhongshi, who has been manipulating behind the scenes. Naturally, all this will be carried out by a team of shrewd and capable lawyers.

In addition, Skyline International Holdings is the largest shareholder of Huade Real Estate after the re-listing. It has five board seats. This part of the shares is listed in Zhong Xiaohui's name, and in the public information disclosure, the holder is a woman named Zhong Xiaohui.

Among Skyline International Holdings, Zhong Shi is the largest shareholder, directly owning 75% of the shares, while Zhong Xiaohui owns 25% of the shares, which means that in Huade Real Estate, she can control 6.25% of the shares, which is the second largest individual shareholder after Zhongyi.

Combined, Skyline International Holdings and Preferred have more than 45% of the total share capital. The rest of the shares are more dispersed. And Zhong Shi's Hong Kong fund also holds a part. The combination of the three makes Zhongshi firmly control Huade Real Estate.

Hearing Zhong Shi's teasing, Zhong Yi pursed his lips and said with some dissatisfaction: "You transferred so many shares to me. Aren't you afraid I'll mess up this company? ”

"Messed up?" Zhong Shi scratched his head. Said nonchalantly. "Hong Kong already has a well-established manager system, and if the performance is not good, the board of directors will naturally be replaced. Do you think you can do whatever you want in a specific business? ”

"Dare to love that I'm just a puppet?" Zhong Yi made an exaggerated expression. Deliberately pretending to be dissatisfied.

"Haha, don't pretend! I don't know how many people want to be this puppet! Zhong Shi Haha smiled and diverted the topic, "I want to borrow your yacht to go to sea recently, how about it?" ”

Zhong Yi made a bitter face, glanced at Zhong Shi deeply, and then said meaningfully: "Why have you been going to sea so often recently?" Is there a mermaid in the sea that hooks your heart, or is it ......"

"......" Zhong Shi's face was rarely red, and he couldn't speak, so that Andrew, who had been smiling all the time next to him, was stunned, he looked at Zhong Shi suspiciously, and then looked at Zhong Yi with a smile on his face, and was about to see something from their faces, when he heard Zhong Shi glaring at him sharply, and reprimanded him unceremoniously: "What else is there to see?" Why don't you go back and do what you just said! ”

Although he said it unceremoniously, there was no reproach in his tone, and Andrew smiled and turned to leave.

"What did he do?" Seeing that Andrew was far away, Zhong Yi asked casually, then raised a glass of Coke and poured it into his mouth.

"It's nothing, just let him attack the baht!" Zhong Shi turned his head and said lightly.

"What?" Zhong Yi "poof", sprayed out a mouthful of Coke, and poured a bell stone on his head and face, "Oops, I'm really embarrassed." Zhong Yi hurriedly took out a tissue from his body, and hurriedly helped Zhong Shi wipe the water stains all over his body, "You are really not shocking, you dare to attack a country's monetary system." No, you also had a part in the last attack on Thailand? ”

Although he was busy with the re-listing of Huade Real Estate during this time, he was an economist and still cared about the economic data of Shijie, and he naturally knew a lot about the Thai baht defense war some time ago.

"Of course not." Zhong Shi categorically denied it, and his eyes swept to a few reporters walking towards him, so he stopped the topic, "This is not the place to talk, come to my company when you have time to see what we are doing now." ”

Zhong Yi, who was facing Zhong Shi with his back, didn't realize that someone was approaching, and was about to ask something more, when he heard someone behind him calling his name, so he could only turn his head helplessly and let Zhong Shi go.

At this time, in the hall of the exchange, the stock of Huade Real Estate is floating all the way to new highs.

……

"It's not good, there are funds to start selling baht in the foreign exchange market!" The BOT staff had a hard time having a few good days, and the traders had just finished a party celebrating the success of defending the baht and were waiting for the top management to give them a rare holiday, when the unusual volatility of the foreign exchange market reappeared.

"What's the amount of money?" When they heard that someone was selling, the general reaction of traders was that there was a single sale of more than 100 million baht, otherwise it would not have been in the sight of the central bank.

"Billion baht, 40 million dollars in trading volume." A trader quickly quoted the number, "The exchange was made through the Thai Military Bank, and they have asked us to allocate dollar funds from our side." ”

Since most of the US dollar reserves are in the accounts of the central bank, and the local commercial banks in Thailand do not have much US dollar positions, when there is a large amount of selling, the commercial banks can only turn to the central bank for help.

"Four million dollars? Not too much. "The traders' first reaction was not worth mentioning, and after some time ago, their horizons were significantly broadened. On May 14, nearly tens of billions of dollars were sold through their hands.

However, before their words fell, the phone in front of them quickly rang one after another, and at this moment they seemed to think of something, and after looking at each other, they quickly picked up the phone.

"Sell baht? How much? What about the quote? ”

"A billion baht? Offer 25.5. ”

"You are also a billion baht exchange, instant foreign exchange price?"

……

When more than a dozen traders put down their phones at the same time, their hearts had become cold, and everyone realized that the attack on the Thai baht by international travel funds had begun again. At this time, they wondered the most where the baht for this part of the tour money came from.

Who would have thought that Tianyu Fund had been preparing for this day for a long time, and even borrowed a huge amount of loans in January this year, and at the same time locked in the loan interest rate, just waiting for this day to come.

Although there is some panic in their hearts, traders are not very worried, after all, according to Sawan, the BOT currently has $30 billion in foreign exchange reserves, which is enough to cope with the current exchange.

How did they know that there were now less than $10 billion in foreign exchange reserves in the entire BOT account, and just one Tianyu Fund could use several times the leverage to defeat them.

"What about the futures market?" The news quickly reached Maragar's ears, and his first reaction was whether the other party was operating in both markets at the same time. If you sell it only on the spot market, it is likely to be a remittance of foreign funds, so you don't have to worry too much. And if the value of the Thai baht falls in both markets at the same time, it will undoubtedly be a new round of attacks on the Thai baht.

"The situation is not very good, there was a huge sell-off shortly after the opening of the market, and now we are fighting fiercely with the other side and trying to increase the value of the currency." Sawan said lightly. He wasn't worried, but when he saw that Malagar's face was gloomy and almost dripping, he was a little dazed in his heart, and swallowed back the words he wanted to adjust the atmosphere.

"Pick me up from the Prime Minister's Office!" Malagar didn't notice Sawan's embarrassment at all, and after a little contemplation, he picked up the phone and said a word lightly through the microphone, only to realize that Sawan was still in his office, and couldn't help glaring at Sawan and motioning for him to hurry out.

Although he was eager to hear what Malajah wanted to report to the Prime Minister, Sawan knew that he had not yet reached that level, so he could only reluctantly leave.

"Mr. Prime Minister, I'm afraid our Jihua has been spotted by them!" After the door of the room was closed, Malajia said into the microphone with great anxiety, "According to the recent reports from various commercial banks, it is said that funds from the United States continue to call and ask them to report their positions in the forward market. Moreover, according to the information returned from the US capital market, hedge funds are currently selling US Treasury bonds on a large scale, preparing to raise funds to attack the Thai baht again. Today, some of the pioneers are already starting to sell on the market! ”

"What? Not again? An extremely surprised voice came from the microphone, obviously not mentally prepared for the current situation.

"I'm afraid it's hard for us to resist this time!" Malajia only felt that his voice was extremely bitter, and he naturally did not want to see the current situation, but the attack of the international tour capital was not diverted by his will, and he was not intimidated by the false news he released.

"What about interest rate hikes?" The voice in the microphone was silent for a long time, obviously discussing something with others, and only after a long time did the voice sound again, "How about raising interest rates, at least to attract some capital inflows." (To be continued......)

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