Soon, Barclays surrendered to the UK Financial Authority and the Federal Reserve, admitting that its traders had manipulated the LIBOR interest rate in the US dollar.

The news immediately shook law enforcement agencies in the United Kingdom and the United States. They had suspected manipulation in the market before, but they stopped at the stage of suspicion, and now they voluntarily surrendered and immediately started their investigation process.

Soon, Tom. Hayes was secretly arrested. Not long after entering, he confided everything he knew like pouring beans into a bamboo tube.

This time the whole thing could not be contained, and the media soon got the relevant news.

Like a drop of water in a hot oil pot, the world's financial industry immediately boiled. For no other reason, there are too many financial products based on LIBOR, and it can be said that in addition to the US market, the pricing of financial products in the whole of Europe and even in some parts of Central Asia and Africa is also based on the interest rate of LIBOR.

It's a trillion-dollar market, and it's just being manipulated by traders from dozens of banks!

The banks that are not qualified to enter the LIBOR quotation began to speak out against the British Financial Authority, and the politicians behind them also spoke out frequently, and some parliamentarians representing the interests of import and export enterprises soon joined the ranks, and the media reported these contents in a row, and for a time there was huge public opinion pressure.

Under such a strong voice, even the British and American governments could not bear it, and their leaders came out one after another to say that they would conduct a comprehensive investigation and in-depth investigation of the relevant banks, and would never tolerate any consortium. At the same time, it also said that it will rectify and improve the current LIBOR quotation system, investigate whether there is similar manipulation in other currencies, and ensure that similar incidents do not happen again.

With such statements and assurances, the anger of the financial community finally subsided.

With the deepening of the investigation, one bank after another has been exposed, including Bank of America, UBS, Deutsche Bank and other giants from various countries.

It's just that these giants spend a lot of money on maintaining political and business relations on weekdays, but at this time, none of the legislators are willing to stand up for them, and in the end they can only rely on their own strength to deal with the investigation. But when the evidence is conclusive, they are accepted by nothing more than a hefty fine of hundreds of millions of dollars.

On the contrary, Barclays Bank, which was the first to come out, was finally prosecuted because of the reason of voluntarily "turning itself in", but because of its meritorious performance, it was finally fined more than $200 million by the US regulators and closed the case, becoming the least punished among these banks.

To a certain extent, Barclays became the big winner of this event.

"I originally wanted you to investigate the reason for the difference in interest rates, but who knew that you would make such a move!"

Gao Dongfang held the teacup and praised Zhong Shi, "Do you know?" This incident has alarmed even the highest level, so let's issue a report on the safety of China's foreign exchange reserves. Good guys, because of you, the whole world is in turmoil! ”

"Because of me?"

Zhong Shi glanced at the other party in surprise, and asked in confusion, "Didn't you figure it out, but they were manipulating the whole thing, I just made this matter known to the world, this kind of behavior should be commended, how can you blame me?" ”

"Hey, you're just boring!"

Weakly moving his head, Gao Dongfang was directly defeated, "I'm just joking, why are you so serious and serious every time you speak, and you don't have any interest at all!" ”

Zhong Shi pursed his lips and did not speak.

On the other hand, the beautiful woman who was making tea pursed her lips and laughed silently.

Recently, there has been a health craze among Hong Kong's wealthy circles, and one of the core contents is drinking tea. What they drink is not ordinary tea, from the person who makes the tea to the picking of the tea leaves, they are very particular. For example, the person who makes tea must be a woman who has not been out of the cabinet, not to mention that she looks young and beautiful, and she must not have fire in the eight characters of her birthday, otherwise she will hedge with the tea.

Although Zhong Shi didn't believe in this, he had no choice but to go to this tea house with Gao Dongfang.

Now the place where they are located is the location of the center of an artificial lake, and in the middle of the lake, there is a small island filled by a person, and a rain pavilion has been built on it, which can accommodate five or six people to make tea and enjoy the scenery. Around this small lake of five or six acres of land, it is full of verdant green bamboo, and the breeze blows gently, and a sound of Xixisuo sounds, which makes people feel relaxed and happy.

Quiet in the middle of nowhere.

The way to get to and from the island in the middle of the lake is also quite interesting, as the island was designed to be isolated and has no means of contact with the outside world. Zhong Shi and Gao Dongfang boarded the middle of the lake in a flat-leaf boat. And after they landed on the island, the flat leaf boat and the delicate boat lady disappeared without a trace.

On the entire island, except for Zhong Shi and Gao Dongfang, there is only one other tea lady wearing a cheongsam.

This tea lady looks like she is twenty years old, with a beautiful face and a hot figure, the cheongsam perfectly shows off her graceful figure, and the faintly exposed white thighs make people look at it for a while.

At this time, her hands were like butterflies wearing flowers, beating quickly between the tea sets: sometimes boiling tea, sometimes raising soup, after several processes such as boiling and slag cleaning, Huang Chengcheng's tea was delivered to the two of them.

"After this incident, Huatou's additional issuance project should be temporarily over, right?"

After taking the tea, Zhong Shi nodded slightly, thanked the tea lady, and was not in a hurry to drink, and after putting the teacup in his hand and playing with it for a long time, he asked leisurely, "At least before this turmoil is over, Huatou should not consider the matter of additional issuance, right?" ”

"Hehe, you're right!"

Gao Dongfang touched his chin and sighed sincerely, "There is such an incident, and the entire additional issuance operation has been stopped." Now the top management is thinking about continuing to issue bonds or diverting funds from other places, after all, there are still many places where foreign exchange reserves are not invested. If I'm right, I might end up selling some of my U.S. bonds to raise money. ”

"By the way, don't buy euros lately!"

Zhong Shi nodded, raised his head and drank the tea, and suddenly a coolness went straight from his throat to his body, and instantly walked through his internal organs, this comfort made him shudder, his spirit was greatly lifted, and his mind became extremely clear.

"Good tea!" He couldn't help but praise as he handed the cup to the tea lady, "Please give me another cup, thank you!" ”

"Hey, you're just now aware of the benefits of this tea, right? To tell you, just such a small cup of tea is more expensive than gold, but it is definitely worth the money! You hated it before, but now you know the benefits of this thing! ”

Seeing the look on Zhong Shi's face, Gao Dongfang couldn't help but tease, "Look at you, you have made so much money, you don't know how to enjoy life, you really have the rhythm of starving to death in Baoshan." By the way, what did you just say? ”

He was satisfied for a long time, and then he realized what he seemed to have said just now, and he couldn't remember it for a while.

"I mean, don't touch the euro lately!"

Zhong Shi ignored his teasing, took a sip of a cup of tea, and was not in a hurry to drink it, and said slowly, "Not only Huatou, but also the country's foreign exchange reserve policy." Because I think it won't take too long for the European side to implement the QE policy, and then the value of the euro will fall, and if you sell the euro reserve at this time, you may suffer a big loss in the future. ”

"QE in Europe?"

Gao Dongfang was so shocked that he couldn't even taste the tea in his hand, and after hurriedly putting down the teacup, he asked urgently, "Zhong Sheng, you have to know the seriousness of this matter. If they really implement QE, then the foreign exchange policy of the whole country will have to be adjusted, which is a big deal, and it must be clarified. ”

"If you ask me where I got the news, I have nothing to say about it, because no one has told me about it. As you know, this is highly classified and no one will tell me until it's officially announced. ”

Zhong Shi's expression remained unchanged, and his tone was as calm and calm as ever, "But based on my observations and my talks with the German Chancellor, I think there is a game going on within the EU about whether to implement a QE policy, and the final result of this game is likely to be the implementation of a QE policy." ”

"You talked to the German Chancellor?"

Hearing Zhong Shi's words, Gao Dongfang was silent, his eyes kept rolling, not knowing what he was thinking.

"I don't need to tell you more about the economic situation in Europe, I believe you and I know about the same!"

Zhong Shi continued, "In this case, there is not much room for them to choose a policy. Today I want to borrow your mouth to bring a message to the high-level. Of course, this is my personal opinion, as for whether you believe it or not, then I don't know. In addition, I will not take this responsibility. ”

In order to cope with the fluctuations brought by the US dollar to the national currency and the impact of such fluctuations on the export industry, Huaxia began to gradually implement the exchange rate reform after 2004, one of the important contents of which is to no longer use the US dollar as a single foreign exchange currency, but to replace it with a basket of monetary policies including the US dollar, the euro, the yen, etc. Although the US dollar still occupies the majority, the diversification of currencies undoubtedly greatly reduces the systemic risk of foreign exchange.

In this basket of currencies, in addition to the US dollar, the euro is the largest. So if there is a change, it means that the share of the second largest currency in the entire foreign exchange system will change dramatically.

China's foreign exchange system is as high as one trillion dollars, and this change may lead to tens of billions or even hundreds of billions of dollars in currency changes, so even if it is as strong as Zhongshi, it can only give its own opinions, and dare not take such a responsibility.

"Got it!"

Gao Dongfang obviously knew the consequences of this change, and also understood Zhong Shi's painstaking reluctance to be responsible, but he quickly asked again, "If the euro really implements QE, then you shouldn't sit idly by, right?" ”

"Of course I trust my own judgment!"

Facing the other party's temptation, Zhong Shi frowned slightly, and replied with some displeasure, "Don't test me, I will resolutely implement my own views in my investment activities." X-Spatial has already begun a large-scale short selling of the euro, which is expected to reach hundreds of billions of dollars. If QE is finally implemented in Europe, it will be the largest transaction in the history of X-Spatial Fund. ”

"Hundreds of billions of dollars?"

Gao Dongfang opened his mouth wide in surprise, and he couldn't close it for a long time. After a long time, he looked at Zhong Shi strangely and said carefully, "But if you want to make a mistake, will you also lose so much money?" ”

Not only him, but even the tea lady who was concentrating on making tea on the side shook her hand and almost threw the teapot into the charcoal fire.

"Hey, hey, do you think I'm going to be so stupid and play such a big gamble?"

In the face of Gao Dongfang's questioning, Zhong Shi smiled and said, "The means of hedge funds are unimaginable, in addition to short selling in the spot market, I also sell a lot of bullish options as a hedge, although this scale of buying will raise the price of the options market, but fortunately, I entered the market before the market woke up, at least I can hedge most of the risks." ”

"In addition, I firmly do not believe that Europe's economy will recover in the short term, not only for their own reasons, but also for the risk of geographical margins. I believe that the civil war in Syria will greatly affect the pace of economic recovery in Europe! (To be continued.) )