Due to the volatile political situation in South Korea and the intervention of the Bank of Korea in the won foreign exchange market, Tiger Fund does not have many positions in the won short market. Of course, this "too much" is relative to the size of his money management, and in fact, in terms of short selling of the won, the Tiger Fund built up a short position of more than $3 billion before the won liberalized its volatility.

On November 20, before the official news was announced, hedge funds and large financial institutions responsible for attacking Asian currencies received a private message that South Korea's new economic cabinet had quickly sought assistance from the United States after taking office, which was also one of the reasons why Lim Chang-yeol dared to make a big statement about not accepting IMF bailouts.

In 94, Mexico suddenly had a currency crisis, and the United States sent more than $50 billion in a short period of time, and at the same time, together with the World Bank, the International Monetary Fund and other institutions, supported Mexico's fragile monetary system, so that the entire South American market was not devastated.

With this experience and the fact that South Korea is one of the important strategic partners of the United States in Asia, Lim Chang-yeol was full of confidence before negotiating with the United States, and even went so far as to declare that South Korea did not need the help of the International Monetary Fund. It is important to know that the first reaction of most countries with currency crises is to seek help from the IMF, which is also one of the purposes of the establishment of this organization. South Korea's move in the opposite direction has naturally attracted the attention of the entire market, and analysts have initial doubts about the ability of Lim Chang-yeol and his economic cabinet.

Naturally, it also occurred to the idea that the new cabinet of the South Korean economy might seek help from the United States. It is important to know that the two sides have formed close alliances since the Korean War. As a pawn to contain China and Russia, although the relationship between South Korea and the United States has had many twists and turns this year, on the whole, the two sides are still in an alliance.

However, as soon as the news of South Korea's possible request for assistance from the United States broke, many hedge fund managers immediately scoffed. Others may not know what to do, but people such as Soros, Druckenmiller, Julian Robertson and others are well aware that although on the surface this currency crisis was started by them, and there are good reasons for the South Korean economy, in fact, everyone knows very well that this is an economic war launched by the US Congress. This invisible war is far more brutal and terrible than the war that can be seen. The ultimate goal is to make the markets of these countries more open and balanced.

These are only things that hedge fund managers can see and understand on the surface, and as for the deeper ones, they dare not think about them. I don't want to think about it. They only know the way. During this time, U.S. officials were in frequent contact with regimes in Southeast Asia. They don't know what was being discussed.

Now that the South Korean side has contacted the US side, they are very clear about the actions of the South Korean government, because their big background is the current US government. Nature. As they expected, the U.S. government also flatly rejected South Korea's request for assistance.

On this day, the Washington Post quoted information from the White House that the South Korean government said in private talks that it hoped that Washington would be able to help Seoul, but the US side had clearly rejected this proposal. Deputy Finance Secretary Summers said that financial support for problematic countries can only be carried out by the IMF.

Naturally, the South Korean side was disappointed, and the last card of the New Korea Party also lost its effect. Naturally, the U.S. reaction lived up to the expectations of hedge funds, and the result was a spectacular sight of the won plummeting 10% in just one hour during the Asian trading session.

……

......When the exchange rate of the Korean won was nailed to the falling limit, the entire Tianyu Fund erupted in a burst of earth-shattering cheers, and the sound was so high that it almost toppled the ceiling.

Since then, most of the researchers have focused on the Korean market, and various news has come from the front one after another. Although in the memory of his previous life, the depreciation of the won eventually became inevitable, Jong Seok still did not dare to be careless, after all, since his rebirth, he had changed the local trend of this currency crisis, and now he relied more on the analysis and judgment of various news, rather than simply repeating memories.

At this time, Zhong Shi was also in the cheering crowd, shouting loudly with everyone, venting the sullenness in his heart. This period of time really made everyone worried and had trouble sleeping, and it was not until this moment that they completely let go of the burden in their hearts.

Looking at the cheering crowd, Andrew, who had just entered the door, was dumbfounded, and finally squeezed through the crowd and came to Zhongshi, Andrew asked blankly, "What's wrong?" What happened? ”

Zhong Shi saw that his lips were squirming for a long time, but he didn't hear a word, he couldn't help but shake his head, pointed to his ears, and said loudly, "What are you talking about?" I can't hear it, louder! ”

Andrew sighed, looked helplessly at the cheering crowd around him, and had to lean into Zhong Shi's ear and shouted, "What happened?" Why is everyone so happy? ”

"......" Zhong Shi heard clearly, but he glanced at Andrew with a strange expression, then crawled onto a desk with his hands and feet, and waved at the people below. Soon the audience fell silent, and dozens of eyes looked at Zhong Shi intently, only to see him take a deep breath, point to Andrew who was at a loss below, and said, "Gentlemen, this gentleman asked you what happened, can you tell him?" ”

Suddenly, there was a burst of good-natured laughter around Andrew, and everyone said something to Andrew with a smile on their faces, and dozens of voices were mixed together, so that Andrew couldn't hear what they were saying at all. Seeing Andrew's expression even more dazed, the others laughed even harder.

After a long time, Andrew still didn't understand what was going on, so he simply climbed onto a desk like Zhong Shi, waved his hand downward, and made a gesture to shut up, and after all around was quiet, he pointed to Ren Ruowei in the crowd and asked in a loud voice: "Jimmy." Tell me what the hell happened? ”

"Me?" Ren Ruowei pointed to his nose and asked Andrew a rhetorical question, and after getting a definite answer, he said with a smile on his face and in a deep voice, "Gentlemen, in the past hour, we have made at least $650 million. That's right, $650 million! ”

After saying that, he waved his arms into the sky, and almost everyone shouted again. The scene became noisy again.

Andrew was dumbfounded. I couldn't speak for a long time.

Andrew has been personally involved in several currency crises before, including the Mexican financial crisis. It's just that in that financial crisis, Zhong Shi and he didn't have such a performance, making $650 million in the past hour. That's almost half of the total profits they made during the Mexican financial crisis. How could this not shock him so much?

My lips trembled for a long time. Andrew jumped off his desk, trembling over to Zhong Shi, lowered his voice and asked, "What the hell is going on?" How do I feel unreal? ”

Look at Andrew's reaction. Zhong Shi was also secretly funny in his heart, to be honest, he also felt a little unbelievable about today's market, he didn't expect the won to be so fragile, it plummeted by 10% in just one hour, which may make most of the buyers in the market today beat their chests and regret it!

Seeing that the two had something to say, the others who were celebrating avoided the two of them in a funny way, anyway, the won foreign exchange market had already fallen to a halt, and there was plenty of time for them to have fun.

"That's right." After the surroundings finally calmed down for a while, Zhong Shi whispered, "We led the way before, selling a total of $5 billion in spot won, and then successively selling about $1.5 billion in spot won above the 1,000 position, and now our position is around $6.5 billion." As soon as the market opened this morning, the won began to plummet, falling to 10% of the fall limit within an hour, so roughly calculated, we made so many profits in an hour, which is really a bit beyond imagination. ”

Zhong Shi rubbed his hands excitedly, his face flushed slightly, and his eyes revealed undisguised excitement, it was clear that he was also satisfied with the harvest this time, even if he knew in his heart that this was far from the end of the won's fall.

After listening to such an explanation, Andrew completely understood, and after being stunned for a long time, he took a sharp breath of cold air, bared his teeth and said, "Good girl, it's terrible." It's unimaginable that the Korean currency is so fragile! That kid ......"

Speaking of this, he looked around to make sure that no one else could hear him, and then continued: "That kid Li Zehai missed a great opportunity to make money in vain, I'm afraid he even regrets his intestines now, right?" ”

"Really?" Zhong Shi snorted disdainfully, with a disapproving expression on his face, "That kid has a lot of ghost ideas, don't fool him." Wait, sooner or later, this kid will do something earth-shattering, and I'm afraid he won't even be able to compare with him when the time comes! ”

"Really?" Andrew was stunned again, this time he reacted for five minutes, then shook his head helplessly, and sighed, "It's good to have a rich old Dou, and someone can carry any big disaster." ”

Of course, Zhong Shi disagreed, but he didn't refute it out loud, sometimes background is an advantage, but sometimes background is an unavoidable obstacle, it depends on what other people's attitude is towards it. A self-made man like him doesn't really take these things very seriously, after all, he is already richer than the vast majority of people in this world.

The two talked for a long time, Zhong Shi gradually became a little impatient, and said to Andrew unceremoniously: "You guy, you usually can't see people for half a day, why is it so good today, but you came here during trading hours?" Are those guys who want you to come and inquire about the time to close the position? ”

Andrew is the link between Zhong Shi and some Hong Kong consortiums, this time short Korean won, the Hong Kong consortium also sold a lot of money, although Zhong Shi has released rumors, let them control the scale of the liquidation, but obviously, the Hong Kong consortium that has been accustomed to the Tianyu Fund as the head of the horse will naturally do everything possible to find out the news here, and Andrew has become a pawn.

"Oh?" Andrew looked up at Zhong Shi blankly, and only after a long time did he suddenly start, come back to his senses, pat his head and said, "That's the case." Just now Land Rover told me that a strange thing happened recently, and I hope you can talk about it when you have time, it seems to be something related to the financial industry. You also know that his identity is more sensitive, and he is not suitable for going out......"

Before Zhong Shi went to the United States to study, he properly arranged Land Rover, because he only knew that he was a rough man, so Zhong Shi opened a security company for him with full ownership, this kind of security company is similar to providing private bodyguards to the nature of the security company, the operation of a professional manager team, but not Land Rover himself too worried.

Although gangsters fight and kill scenes are everywhere in Hong Kong movies, Hong Kong is actually one of the safest areas in Southeast Asia. Although the police system is very hard-working, due to the large number of wealthy people in Hong Kong, Land Rover's security company is very prosperous, coupled with almost endless financial support, so Land Rover's security company has recruited many masters, and it has become one of the most famous security companies in Hong Kong in a few years.

Originally, this security company was also involved in some gray areas, but since entering 97 years, Land Rover has consciously reduced its activities in this area, and now, at least on the surface, it is a bright and bright security company, mainly providing escort money for banks, providing private bodyguards for the rich, and providing private detectives to ordinary citizens.

On the table, Land Rover is already a successful businessman, walking in high society every day, meeting with the senior police officers from time to time, and discussing business with wealthy businessmen. But in fact, few people know that he is still a "horse boy" by Zhong Shi's side.

As soon as he heard that it involved finance, Zhong Shi fell silent, frowned and thought about it, then nodded and said, "Okay!" ”

……

Back a day ago, when the South Korean side failed to seek U.S. assistance, the Tiger Fund was also boiling, and they couldn't wait to sell it in the won market. But it is clear that they are not the only ones who know the news, and there are also several large-scale sellers in the won market, and the won is quickly smashed to the position of falling limit.

For the Tiger Fund, they also made more than $300 million in profits on this day alone, which made the fund responsible for the won attack cheer and excited.

Behind this bustle, in Julian Robertson's office on the top floor, "Tiger" was talking on the phone with the Hong Kong side, and he asked in a low voice: "Is the other party reliable?" ”

“……”

"Money is not an issue, $1 million I believe no one will refuse. And just install a small program on his computer. ”

“……”

"Okay, after you finish this, you will fly to Japan immediately, and don't appear in Hong Kong for a year!" (To be continued......)

PS: Thank you to Hmily Ventures for your monthly ticket support! Thank you book friend little me for voting for the evaluation!