Chapter 20 Quantum Fund

After the operation was completed, the large group returned to Hong Kong, leaving only one or two personnel to observe the situation.

Whether it is those who stay behind or return to Hong Kong, a large amount of bonuses are distributed, and the minimum is 100,000 Hong Kong dollars, which is naturally very happy for everyone. For them, in R Ben is not only a publicly-funded tour, but also a good meal, drink and fun to serve, the work is neither hard nor complicated, but just follow the instructions of the boss to operate, even elementary school graduates can be completed. Is there anything better in the world to get a big prize money like that?

They are overjoyed and happy, while the other personnel are extremely envious at the same time, their hearts are also ruthless, and they must work harder in the future to strive for good performance, so as not to let them specialize in the front, and next time it will be their turn to shine.

And Zhu Jianjun ran back and forth on both sides, in Hong Kong, he and Chen Yaxin were Qingqing and me, living a glue-like life, and when he arrived at R, he was like a wolf who slipped into the sheepfold. Sometimes Leng Bing even suspects that he is so diligent in running R Ben, and inspecting the work to understand the situation is just an excuse for him to enjoy.

For many men, as long as they have money, R is a paradise of happiness. This society has always been recognized as a "male-centered" society, where women are subordinate to men and live for men. This consciousness that lurks in the minds of women makes them think that it is their right to give everything to the man who has created a happy life for him.

Therefore, it is not only a place where the erotic industry is flooded, but also a famous place for aid. Girls with R books, especially female high school students who have not yet entered society, receive "assistance" from adult men - material comforts such as yen, clothing, accessories, and food, and adult men receive "assistance" from girls - women's offerings. This behavior is not only found among female high school students, but also among female college students, female nurses, female teachers, housewives, and other women. Especially in Shinjuku, Roppongi and other places in Saikyo, it is even more rampant. This is an act that has been recognized by the semi-official nature in the R version.

When Zhu Jianjun arrives here, can he still endure loneliness? Naturally, he enjoyed his comfortable life, Leng Binghan also talked to him on the phone several times, he was either drinking flower wine at the courtesa geisha, or he was carrying out his great cause of winning glory for the country, and completely ignored Leng Binghan's young age, and he didn't stop his movements while talking to him, the charming and exciting ** Leng Binghan was heard clearly, and Tian shamelessly said that it was to enlighten Leng Binghan, so angry that Leng Binghan couldn't wait to punch him a few times over the phone, and then kick his thing back into the stomachand see how he tosses.

"You're going to die on a woman's belly!" Leng Bing scolded angrily. I really couldn't stand his harassment and perversion, so I hurriedly explained a few words and wanted to hang up the phone.

"Hehe, where can it? I'm going back to Hong Kong in the next two days. Zhu Jianjun hurriedly blasted the woman next to him into the bathroom. It's okay to joke with Leng Binghan, but if it goes too far and really annoys the big boss, then there will be no good life.

He sneered: "In the past few days, a few foreign devils have always come to harass me, and they also say that they are from the quantum fund and want to cooperate with us Feiyuan." , we're doing so well, why should we get a slice of them? I think these foreign devils have broken their brains. ”

"Quantum Fund?" Leng Binghan's eyes lit up, and he hurriedly asked, "Is it managed by Soros?" ”

"Seems to be, right? They told me I didn't care, I just heard what it was. Zhu Jianjun was puzzled: "What, is this company very famous?" ”

Leng Binghan smiled, and the situation about the quantum fund in Soros's previous life immediately flashed in his mind.

The Quantum Fund evolved from the Double Eagle Fund. Founded in 1969 by Soros and Jim Rogers, the $4 million Double Eagle Fund is based in New York but is funded by foreign investors who are not nationals of M, thus avoiding the supervision of the Securities and Exchange Commission of M. In 1973, the Double Eagle Fund was renamed the Soros Fund, with a capital of about $12 million; In 1979, Soros changed the company's name to Quantum. By the end of 1997, the Quantum Fund had become a giant fund with assets of nearly $6 billion. The $10,000 injected into the Quantum Fund in 1969 had increased to $300 million by the end of 1996, a 30,000-fold increase.

The current quantum fund is not well-known in the international financial community, and compared with Feiyuan, it can be said that it is far from the same, and it is not a level at all. The Quantum Fund really became the focus of the international financial community because of the several large-scale currency sniping wars launched by Soros in the 90s of the 20th century with the fund. During this period, the Quantum Fund, with its strong financial resources and ferocious style, made waves in the international currency market, launched attacks on weak-based currencies and repeatedly succeeded.

In Europe, the pound crisis in country Y and the crisis in the Y lira. In the early 90s, in order to cooperate with the linked exchange rate within the European Community, the pound exchange rate was artificially fixed at a high level, triggering the attack of international currency speculators. Although Y Glen Bank vigorously threw out the mark of country D to buy the pound sterling and cooperate with the measures to raise interest rates, it was still unable to resist the attack of the quantum fund and retreated, and the pound was forced to withdraw from the European monetary exchange rate system and float freely, and the pound exchange rate fell by 20% in just one month, and the quantum fund made hundreds of millions of dollars in windfall profits in this sterling crisis. Soon after, the Y Lira suffered a similar fate, with the Quantum Fund playing a leading role.

In the Americas, the M'Sigoe financial crisis. In 1994, Soros's Quantum Fund launched an attack on M Sigo-Peso. The healthy economic growth before 1994 was based on an over-reliance on short- and medium-term foreign loans. In order to control inflation in the country, the peso exchange rate is overvalued and floats in line with the US dollar. The attack on the peso launched by the Quantum Fund depleted the foreign exchange reserves of M Sigo in a short period of time, and it had to abandon the peg to the US dollar and implement free floating, which caused the collapse of the M Sigo peso and the domestic stock market, and the Quantum Fund made a lot of money in this crisis.

In Asia, the Southeast Asian financial crisis that began in 1997. Like Mexico in 1994, many Southeast Asian countries, such as countries T, M, and H, have long relied on short- and medium-term foreign loans to maintain their balance of payments, with high exchange rates and mostly fixed or linked exchange rates with the US dollar or a basket of currencies, which provides a good hunting opportunity for international speculative funds. The Quantum Fund played the role of a sniper, starting with a massive short sale of the Thai baht, forcing country T to abandon its long-standing fixed exchange rate pegged to the dollar and move to free floating, thus triggering an unprecedented crisis in the financial markets of country T. The crisis soon spread to all Southeast Asian countries and regions with free currency convertibility, forcing all major Southeast Asian currencies to depreciate sharply in a short period of time, with the exception of the Hong Kong dollar. The collapse of the monetary system and stock markets in Southeast Asia, as well as the resulting massive influx of foreign capital and the enormous pressure of domestic inflation, have cast a shadow over the region's economic development.

Although the Quantum Fund has only $6 billion in assets, it has become a pivotal force in the international financial market because it can obtain the investment effect equivalent to tens of billions or even hundreds of billions of funds through leveraged financing and other means when needed. At the same time, due to Soros's prestige, the whereabouts of the Quantum Fund's funds and the direction of its bets are all followed by large-scale international funds. In several serious currency crises that occurred during this period (such as the pound crisis, the M'Silgo economic crisis, and the Southeast Asian financial crisis), Soros and his quantum fund were directly responsible.

However, since 1998, investment mistakes have caused the Quantum Fund to suffer significant losses. First, Soros's misjudgment of the 1998 E-Ross debt crisis and the trend of the exchange rate against the yen caused the Quantum Fund to suffer heavy losses, and then the Internet stocks of the country M stock market in which the fund invested also fell sharply. So far, the total loss of the quantum fund has reached nearly $5 billion, and its vitality has been greatly damaged. On April 28, 2000, Soros had to announce the closure of his two major funds, the "Quantum Fund" and the "Quota Fund", and the Quantum Fund came to an end. At the same time, Soros announced that he would transfer the remaining assets of the fund to the newly established "Quantum Endowment Fund" to continue operations, and declared that the new fund would change its investment strategy and mainly engage in low-risk, low-return arbitrage trading.

Have you ever heard that Soros's Quantum Fund has also done something to R's book? Could this be a change that is caused by one's own rebirth? What kind of change will they bring about when they come in with this side?

The wood is beautiful in the forest, and the wind will destroy it. Feiyuan has been too sharp and invincible over the years, every time he makes a shot, he has never returned empty-handed, he has made a lot of money, and he is in the limelight in the international financial market, and it seems to have become a banner and weather vane, or this time he went to R Ben not long ago, he was kept up by Soros and them, which also gave Leng Binghan a wake-up call, the gun shot the first bird, and it is not a good thing to be too public.

After thinking about it, he said to Zhu Jianjun with a smile: "The quantum fund is still very ordinary, but it has great potential for development, and this Soros is also relatively capable." In this way, you go and contact them, if they agree to our shareholding in the quantum fund, we will promise them to work together, and the external financial operation can play the signboard of the quantum fund, but the leading power must be in our hands, and we have the final say. ”

"Why? Wouldn't it be nice for us to do it ourselves? Why bother with this quantum fund? Zhu Jianjun was quite puzzled.

Leng Binghan said with a smile: "Feiyuan is now well-known enough in the international financial market, every move will be concerned, and there are many people who follow the trend. "There is also a little cold that did not tell Zhu Jianjun, and he has the right to speak in the quantum fund, not only can he take a piece of the pie, but he can also justifiably hide behind it and pick the fruits of victory. Whether it is the blockade of the pound sterling, or the economic crisis in M Xige and Southeast Asia, none of these opportunities to grab money are cold and do not want to give up.

"You mean that we are cultivating the plank road in the open and Chen Cang in the dark?" Zhu Jianjun can be regarded as understanding this, and said with a smile: "This is a good idea, let them all fly away to eat ashes, and we will hide behind us and make a lot of money." I'm going to find something like that. ”

"Why are you in such a hurry?" Leng Binghan smiled bitterly: "Dry them for a few days first, and then talk about it, the posture and posture must be enough." Now he's coming to us, not us. ”

"Boom!" Zhu Jianjun laughed twice and said: "Don't worry, Han Shao, it's not my old Zhu's character and temper if you don't take a bite of the fat meat sent to the door." I will definitely get the best out of the company. ”

Leng Binghan is very relieved about this, as long as Zhu Jianjun is reminded, he is very thoughtful and capable in specific operations. However, he still said: "As the saying goes, in addition to the quantum fund, it is best to allocate some funds to set up several offshore financial investment companies in the Virgin Islands, and select trustworthy personnel to manage them." Diversification of investment and management is not easy to attract the attention of others. ”