Park Hee-lai understood and firmly remembered Kim Dae-jung's words, and it was not until Kim Dae-jung ascended the presidency that he began to work on Soros's visit to South Korea.

January 1, 98, Seoul, South Korea, the Blue House, which symbolizes the power of the president.

In front of hundreds of guests and dozens of live cameras, Kim Dae-jung held the constitution in his hand and solemnly swore an oath to the Taiji flag to be inaugurated as the 15th president of the Republic of Korea.

In his subsequent inaugural speech, Kim Dae-jung focused on the current economic crisis facing South Korea and called on the people of the whole country to unite and tide over the current difficulties.

Although it was not explicitly stated, Kim Dae-jung's speech hinted several times that strong stimulus measures could be implemented in the near future to restore investor confidence. This gave the market a shock, and the Seoul stock market and the South Korean won both rose a little in a rare way.

With the transfer of power, after no longer worrying about the credit being snatched away by others, Park Hee-lai began to operate the matter of Soros's visit to South Korea.

……

Manhattan, New York.

At the headquarters of the Quantum Fund, Soros was holding a gilded invitation, a little hesitant, he didn't know what to do.

It stands to reason that the president of a country invites him to visit South Korea in an official name, even if it is the smallest country, but it is a great honor for an individual, and this individual does not have any official title, and this country is not a small country with no name, but the eleventh largest economy in the world.

But Soros is not very human after all, and he didn't have any sincere fear when he received the invitation. After all, he is now one of the hottest people in the world, and he can even be said to be the hottest person. It's just that what makes him quite worried is that he is still on the cusp of public opinion, and his rash appearance may cause greater criticism, of course, he is not afraid of these criticisms, but the follow-up chain reaction cannot be ignored.

Soros knows all too well what state he is in now, and whenever he or his people appear in a country, the market will speculate whether they are going to short that country's currency. Although this is not necessarily his intention, the market thinks so. There was no way he could change that assumption.

However, the current economic situation in South Korea is different. On the one hand, South Korea has received assistance from the IMF and other institutions one after another, which has temporarily stabilized the current financial crisis situation, and it can be said that there is hope for recovery. But on the other hand, South Korea has just gone through a general election. What will the new government do to save South Korea's economy? It's still an unknown. Therefore, the market is still waiting and seeing.

In this way, South Korea's capital market is in a rare equilibrium because of the delicate relationship between the two, and many economic indicators, including the won exchange rate, are within a small fluctuation range. And if you show up rashly, you may upset this balance.

Most importantly, he has more important things to do now, which can be related to his performance this quarter.

In the past quarter, due to the huge loss of investment in the Indonesian rupiah, Soros had to lower his profile and write an email explaining himself. Although there are no investors who have withdrawn their investments, the feedback is that if they cannot obtain absolute returns in this quarter, many people plan to withdraw their investments.

Under the backdrop of Tiger Fund, the performance of Quantum Fund is indeed not so good, especially when both parties are macro hedge funds and the scale of fund management between them is almost the same.

After thinking hard for a long time, Soros still didn't decide whether to make the trip, so he had no choice but to find his most capable subordinate, Stanley. Druckenmiller came to discuss.

"George, it's obviously a good thing for us. God, how can we miss such an opportunity to promote ourselves? In my opinion, of course you have to go, and you have to go to Seoul with great momentum. As soon as Druckenmiller heard Soros's story, he immediately became excited and said without hesitation.

Soros looked at the reaction of his subordinate, and was very strange in his heart, knowing that Ruken Miller is a calm and serious guy, although his investment style has been slightly radical in recent years, but these have only changed under his own influence. At Soros's heart, Druckenmiller is still a moody guy.

"Since you think so, tell me your reasoning." The corners of Soros's mouth twitched slightly, and he asked expressionlessly, and finally added, "If the reasons are good enough, I may consider visiting South Korea." ”

"Don't think about it, George." Druckenmiller shook his head slowly, "According to my understanding, South Korea has just undergone a transition of power, and the new president wants to use your reputation to open up the situation, which is conceivable. Since they can borrow our fame, we can also borrow their fame to do something for us. ”

Seeing the curious look in Soros's eyes, Druckenmiller continued to explain: "During this time, I have studied the South Korean economy and found that their economic foundation is still very strong, as long as there are enough dollars to repay foreign debts, these Korean companies can survive. Now that the South Korean government has raised enough money, as long as they are determined to take over these businesses, then nothing will be a problem. ”

"In September, we were very embarrassed by the Prime Minister of Malaysia, who accused us of being thieves and stealing wealth from the pockets of their nationals, and it was clear that this was not true. Therefore, we need to fight back and let the world know that we are helping them get rid of the backward and inappropriate system, and not committing crimes against their people. ”

"Now that the South Korean side has invited us, this is a great opportunity. As long as we say a little bit about the benefits of the Korean economy in our subsequent actions, I believe that the current Korean government will be very grateful to us. This contrast will naturally be seen by the market, and while we have not refuted the Malaysian government's statement, it is the best proof that they are idiots. ”

After listening to a big phone call in a chatter, Soros finally understood that this was the opportunity to use the opportunity of visiting South Korea to achieve the purpose of counterattacking the Malaysian government, to put it bluntly, to clean up the "stigma" on himself, which immediately made his heart move. However, after only a moment's heart, he asked: "This is not a problem, I have never cared too much about the accusations of the prime minister." In fact, even if we visited South Korea, there were no more benefits to speak of. You should know that the Korean economy is currently in a state of temporary stability, and the risk of investment is too great for us. ”

"Yes!" Druckenmiller nodded approvingly, "But, George, if you choose to help praise South Korea, then I'm sure investors will flock to it, there's no doubt about that." The point is, we don't need to invest in the fragile Korean capital market, there are just too many uncertainties. We only need to heat up the Korean market, and its recovery will naturally lead to a rebound in other markets, so that our goal will be achieved. Don't forget that what we're doing now is very much in touch with the whole Southeast Asian environment. ”

"Hong Kong?" After Soros's eyeballs rolled a few times, he nodded, "But I need to discuss this matter with Julian, I believe the problem is not very big." Stanley, I'm so lucky to have such a great companion as you, and if it weren't for you, I'm afraid I would have missed this incredible opportunity. ”

Druckenmiller modestly said, "George, you're the one with strategic vision. God, I'm glad I'm on the same front as you, and if I were your opponent, I'm afraid I wouldn't even know why I died. ”

Although his touting words were a bit exaggerated, they were scratching the itch of Soros, and I saw him laughing for a long time, and then his face turned and he gritted his teeth and said: "This guy who came out of nowhere dares to cheat me of so many funds." This time, I swear in God's name that I will definitely kick him in the ass. Yes, I must let him know who is the master of the financial market. ”

Looking at Soros's face distorted by extreme anger, Druckenmiller felt a chill in his heart, and immediately gave birth to a shuddering feeling. He realized that Mr. Chung, who had dealt with him in Hong Kong, was in trouble, and in big trouble.

……

It didn't take long for Julian and the others. After Robertson's communication, Soros gave the South Korean side a happy answer: he will arrive in Seoul two days later on January 3 to visit South Korea as a guest of the new President Kim Dae-jung.

Park Hee-lai was naturally ecstatic and informed the Blue House of the news as soon as possible. He then had an urgent discussion with the president's aides about how to receive Soros and others, hinting at what he needed to say if necessary, all of which would need to be done by him as the central banker.

It's just that what he didn't expect was that the reason why Soros agreed so happily was not only to give face to the new South Korean president, but also to borrow their momentum, and in this case, it became inevitable to tout South Korea's economic prospects.

The two sides have their own ghosts, and they both have the intention of using each other in their hearts, but the two are highly combined, and finally contributed to Soros's trip to Seoul.

On January 3, planes from the United States finally landed at the airport in Seoul. The South Korean side greeted Soros with a large formation, and a number of senior officials, including Central Bank Governor Park Hee-rae and Assistant Finance Minister Ju Ji-hoon, put on a show on the airport apron to welcome the guests from the United States.

Since Soros is not a public official and does not have any official titles, this welcome camp is high enough. But this is not over, Park Xilai put the greeting formation directly on the tarmac, which is in the airport, not the traditional pick-up area, which gives Soros enough face.

Of course, he didn't forget to bring a photojournalist with him, and this performance was for investors from all over the world to see. (To be continued......)

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