Extraordinary Genius

"Chi brother, I heard that you learned mahjong very quickly these days?" Feng Yu asked with a smile.

"Ha ha ha, okay. Your Chinese national quintessence is really interesting." Kirilenko laughed wildly.

Yesterday, Kirilenko had a very good luck. It was a big win, and all the futures contracts were delivered. Not only did they fill all the losses and interest, but they also earned some, which made Kirilenko feel good.

"How, are you interested in playing a few more laps today?" It’s rare to have time, and Feng Yu wants to relax.

"Come on, but you can be careful, the paying brothers have to call me gambling yesterday!" Kiri Lianke looked down at Feng Yu, his eyes filled with triumph and contempt, and seemed to win the same.

"Hahaha, gambling? I like to play a few laps with the gambling god."

......

"Feng, how long do we have to rest?" Kirilenko asked as he played cards.

"When the exchange rate of the Thai baht returns to around 25:1, we will enter the market again. Now we are looking at other countries and choose to establish some forward foreign exchange contracts. How come you have something?"

"Well, our electronics factory, the new equipment should be installed and commissioned in the next few days, I have to go back and see." Kirilenko knows that he is useless here because he doesn't know anything.

Instead of worrying about it here, it is better to go back to China to get busy with the business. The electronics factory started work one day earlier and the mobile phone can be produced one day earlier.

Feng Yu told him that the new mobile phone has been successfully developed, and he will wait for his factory to go into production.

"Yes, at the beginning of July, you can see the difference. Then every month, you can see a lot of profits."

"Ha ha ha, after that we are not doing anything, the money can not be spent?" Kirilenko laughed.

Feng Yu thought for a moment: "Almost, the stocks you invested in can be sold back, the shares of the mine are sold, the shares of the factory are sold, the trading company sells, and the shares of the software company are sold. In your life. I can always spend it in spending money."

This time, Kirilenko did not have Feng Yuduo, but in more than a year, Feng Yu promised that Kirilenko could earn more than $2 billion. If all the investments are cashed in, Kirilenko can have at least six billion US dollars of assets. Even if he does not do it, there will be banks. The annual interest rate is also the money that many people can’t earn in their lifetime. Li Lianke squandered his life.

Even Kirilenko is sucking and poisoning, and he can't burn the money!

Unless he is infected with gambling, this is the most terrible way to lose. Of course, you also need to find the same level of opponents.

Everyone plays mahjong while chatting, Feng Yu as a translator between them. Kirilenko’s pronunciation is not allowed, but they can understand it. Anyway, how many words?

There is an old saying in the Northeast that is the best, and Zhang Luo’s most happy people often lose the most. After a few laps today, it is really Feng Yu’s loss.

However, Feng Yu still smiles on his face. The loss of this money is nothing. The important thing is to pass the time. He can't be like a dad, playing a mahjong with a dollar, can almost lose his eye!

In the evening, it was another good drink. Feng Yu didn’t have a good time at this time. He had a good time with his brother, and he was so drunk. Of course, he still doesn't have much to drink.

......

“The Central Bank announced that it is strictly forbidden for banks to lend Thai baht to certain fund companies.”

"The government will take out another five billion US dollars in foreign exchange reserves to absorb the Thai baht, so that the international speculators will lose their money!"

“The central bank has introduced a new policy, and the overnight overnight lending rate has been adjusted from 10% to 100%.”

Feng Yu looked at the Thai news reprinted by Xiangjiang media, and his mouth curled up in the arc. Thailand government ~ government, finally shot!

The exchange rate of the Thai baht has fallen to 27:1. If the order continues to fall, then Thailand will start from finance and the economy will collapse completely, not just now. The stock market is turbulent and the property market is cold.

It is strictly forbidden for banks to lend Thai baht to certain fund companies. Of course, they will not let banks lend taylor to Soros. But the Thai government can manage their local banks, but they can't manage foreign banks.

There are 50 banks with offshore financial qualifications, of which only 15 are local. This has an impact on Soros, but the impact is not too great.

The big influence is the latter two.

If the fifty-dollar foreign exchange reserve is reversed, it will raise the exchange rate of the Thai baht, so Soros’s investment will be lost. If they want to continue to suppress the Thai baht, they have to come up with more money. Now the money has been stirred up.

At the beginning of the operation, the Thai government had taken out $2 billion in foreign exchange reserves. If Feng Yu joined at that time, Soros would have to lose a lot.

Even if Feng Yu joined, Soros began to lose some of them, but they are all within the acceptable range.

The most embarrassing is the new policy of the central bank, and the offshore lending rate has turned ten times. This is not an ordinary lending rate adjustment, but an overnight interest rate, specifically for Soros's Quantum Fund, so that it can not quickly sell the Thai baht.

The original interest was 10%, and now it has become 100%. Soros’s cost has risen.

However, Feng Yu believes that this is not enough, and 100% is enough. If it is him, it will raise the overnight interest rate to one thousand or even two thousand, so that Soros can not afford to sell the Thai baht, borrowed it, and also No interest!

He remembers that in the past life, the overnight interest rate really increased to more than one thousand percent. Specifically, he did not remember much. How is it now only 100%, the Bank of Thailand is so absolutely frightened that Soros.

They don't understand Soros's appetite. You know, Soros built a $15 billion forward foreign exchange contract very early, and Soros is using a finance company, and the leverage ratio is even higher. Most of Soros’s funds are used to suppress the Thai baht.

......

"Boss, Thailand has suddenly launched a series of policies, all of which are directed against us!" Zhu Ken? Miller reported.

"Hey, I have been waiting for their actions. Before we beat the Thai baht's exchange rate, they used the foreign exchange reserves to pull back. At that time, we didn't get the news in time. And this time, they even use it." There is a lot of foreign exchange reserves, but the news that we released is enough to let other foreign investors follow suit, and Thailand’s government can’t stand it,” Soros said confidently.

"But, this time there is no help from Feng, our funds, will it be enough?" Zhu Ken? Miller is somewhat worried, after all, their funds are also scattered, and established in many countries in Southeast Asia. Forward foreign exchange futures contract. Although there are leverage, the actual margin ratio they deliver is not high, but who makes them open more positions?

The few countries where they are aiming, each has opened a forward contract of no less than 10 billion US dollars, and they have to pay at least 500 million dollars!

"When we planned, there was no him. There were not many of them, and there were not many of them. The notice went on, and the overnight interest rate increased. We will take a long time to borrow and continue to sell the Thai baht!"

......