Future chat group

The current exchange rate is that 1 U.S. dollar is equal to less than 34 baht, and 100 billion baht is equal to less than 3 billion U.S. dollars. So much is spent both internally and externally, which is equivalent to spending 6 billion U.S. dollars.

Do Siam Bank and DVC Investment Group have 100 billion baht in Thailand? The answer is yes, but if the money is handed over, it will almost cause a huge blow to their liquidity.

Is it difficult to find 100 billion baht in the international market? It’s more difficult in a short time, but it’s not impossible.

The problem is that Thailand’s current financial system is very deceptive, and its foreign exchange control is similar to China’s. It does not mean that you can inject Thai baht into the Thai market, nor does it mean that you can exchange US dollars for unlimited Thai baht, and vice versa.

In addition, the relevant foreign exchange market capacity of the Thai baht is very small, so it is not very difficult to short it, and the Thunder have this strength.

The subsequent series of operations were based on the premise that Thailand's financial system and the market were not fully connected. It boiled down to four words: "manipulation of the market."

As for shorting the KOSPI index, this is a plan that the Thunder has long decided.

Thunder's $80 billion risk exposure is currently a bullish position in the positive direction. The average position is based on the most relevant KOSPI index as a reference. Coupled with repeated operations in the later period, it is approximately around 2100. It is now above 2300 points and is expected to be 2400 points. peak.

If all positions are closed at 2350 points, Thunder's actual profit will be about 9.5 billion US dollars. If the KOSPI index falls back and the KOSPI index falls back, it will be a huge profit.

The funds on the books have increased, but the money needed by the Korean market has not increased. On the contrary, it is likely to decrease. Lei Hao has at least nearly 10 billion US dollars in extra funds in his hands.

Coupled with the capital forces who have been following Lei Hao for a living, Lei Hao was instantly resurrected with full health. It was no longer possible to satisfy his appetite with a small amount of trouble, and it was impossible to fill the stomachs of Lei Hao's family.

"If you are shorting the Thai baht, it may not necessarily push the SET index up."

"The opponent refuses to exchange the Thai baht currency assets to us. Even if we are willing to use the chips of the Korean capital market as a replacement condition, it will be difficult to obtain so many baht."

"The Bank of Thailand is a hurdle that cannot be bypassed. Moreover, the liquidity of the Thai baht is not very good and is greatly affected by policy. We need to focus on this."

In the small conference room, people expressed their opinions.

Lei Hao has been conducting analysis on the Korean market for several months, and the direction has long been determined. Lei Hao believes that 2400 points is the peak, and everyone trusts it. There is nothing to say about this, and just sell short at the peak.

But with such a huge amount of funds being used in the Thai market, no one in the financial circle would be frightened.

Currently, Thailand’s foreign exchange reserves are 180 billion U.S. dollars, and the average daily trading volume of the foreign exchange futures market is only about 1 billion. The margin is 15%, which is 150 million U.S. dollars, which can directly drain the Thai baht’s foreign exchange transactions. However, now that Thailand has learned a lot, it is still The so-called floating interest rate, but it directly requires transactions of more than 5,000 US dollars to be reported to the central bank, and it may take up to 7 days to arrive in the account.

Coupled with the Chiang Mai Agreement and other things, the defense line of Thailand's financial system is quite thick. If you want to break through it, it is possible for Thunder to do it with all its strength, but it will not be beneficial. Instead, it will cause a lot of trouble. A little manipulation But it is possible.

Just like in a fight, if you kill someone, it's certainly a serious problem, but if you slap the other person, it depends entirely on your ability.

The first step Lei Hao wants to attack is the exchange rate of the Thai baht. However, he must first hold the Thai baht. In the eyes of outsiders, if Lei Hao wants to hold the Thai baht with corresponding attributes, he must take out his "heart and soul", That is to say, the chips in the Korean market are replaced.

How can this be? South Korea's capital market is so active and the upward trend is very obvious. Normal people would wait for earnings to continue to rise.

"We don't have any bias against any capital, and the same goes for the Thunder. This is just a normal investigation. Please believe us, it will take a little time to get the results." Kunyu sat in the office, feeling very comfortable.

The standing funds of financial institutions are liquidity. Thunder has no money or assets in the Thai market, so if it wants to move, it will definitely need to cooperate with others.

The current ruling party represented by Kun Yu has noticed this, so they dare to negotiate conditions with Lei Hao, who is shrouded in aura, because they know very well that compared to help, their own conditions are the best, and cooperation is the best What’s best for both sides.

"Now that things have developed, I still want to ask," Lei Hao sat in the office and finally confirmed Kunyu's conditions: "What kind of cooperation do you want to carry out?"

The forces represented by Lei Lei and Kun Yu have always been interested in cooperating, but the requirements of the two sides are far apart. From Kun Yu's reaction and subtle hints, Lei Lei doesn't need to think too much, and he knows that Thai people have a big appetite.

Cooperation in shopping malls is also very particular. For example, when Lei Hao asked about the current situation, Kunyu's first answer was of great reference significance. The negotiations between the two parties will be based on the plan proposed for the first time.

"Thunder is listed on the market. This is the most basic requirement." Kun Yu's palm holding the microphone was sweating. "If possible, we hope...to hold a controlling stake!"

"In other words, you want to hire Thunder Investment to help you manage your assets in Thailand?" Even though he was mentally prepared, Lei Hao still felt helpless for the Thai people's whims.

What is the concept of holding? It requires that more than 50% of the shares be held by the Thai party. Although the other party should also invest corresponding funds, although the Thunder has not yet fully proved itself in the Thai market, all fools know that the Thunder has super strong capital operation capabilities, which is definitely not good. possible conditions.

"Mr. Lei, please understand that I am not just representing myself." If Lei Hao could see Kun Yu's expression, he would have noticed that he was blushing.

Saying the word "holding" is actually a challenge for Kunyu's face. The group of military, business, political, and even royal capital behind him have whimsically proposed conditions, but he himself is very clear about them. , the Thunder not only have to think about themselves, but the Asian Financial Investment Bank that is being built is not easy to mess with.

Now that Lei Hao has not yet taken action to fully target the Thai market, Kunyu feels that he can put forward higher conditions, but it will never be possible to achieve the so-called control.

"Although it's a bit unkind to take advantage of others, shopping malls are like this. Without Thunder, the Thai market might be more stable." Kunyu thought in his heart.

"If we start talking about these conditions, I don't think there is any need for us to contact each other." Lei Hao shook his head. He actually wanted to cooperate with the local snake, but if that didn't work, then giving the other party a slap first would not be a non-starter. things.

After the call ended, Lei Hao sent a meeting invitation to the president of Goldman Sachs Asia Pacific, MIG Asia Pacific, Wells Fargo Investment Asia Pacific, investment director of Hanli Investment Group, investment director of Siam Bank, and CEO of DVC Investment Company. It was an open and honest "leak". After knowing the content of the talks, he wanted to take the Thai baht!

When the news spread, the top brass of Thailand's financial system knew that a storm was coming, and the Thunder began to turn its guns.