Rebirth of the Wild Age

The attack on the Thai baht by international speculators was discovered in February, and the Central Bank of Thailand carried that wave. In March, there was another wave of shocks. The Bank of Thailand used 2 billion US dollars of foreign exchange reserves to intervene and once again carried it.

During these two waves of attacks, Soros probably lost $300 million, and of course some say he lost $1 billion.

Song Weiyang's Golden Bull Capital was still manipulating Lenovo's stock price in Hong Kong City at that time, successfully avoiding the investment risk in March. Around the end of March, Taurus Capital converted all Hong Kong dollars into U.S. dollars, began to borrow Thai baht from the Bank of Thailand, and at the same time made a large number of forward empty orders for Thai baht.

Next, it is to follow Soros to fight the wind.

This time is just right. It will cost a lot of money to enter the market before the end of March, and the opportunity to enter the market in May will be lost. Because in May, the Bank of Thailand raised the lending rate by 1,000%, and if you want to borrow Thai baht, you will have to spend a lot of money. At the end of May, domestic financial institutions were simply banned from borrowing Thai baht, which made many speculators who started late were disappointed.

In order to share the risk, Jinniu Capital also took out some money and shorted the stock index futures in Thailand at the same time. This is also the main way for speculators who enter the market to follow suit and make money in Thailand. Anyway, they are crazily short selling all kinds of futures.

Song Weiyang's investment was not much, less than 25 million US dollars, and finally turned into more than 61 million US dollars.

He didn't make much money, and the traders of Taurus Capital were still very cautious, and Song Weiyang, a traveler, didn't help much—who the hell remembers the details. This little investment and profit, in that crazy sniper battle, is just a very inconspicuous little role. But it was countless such small roles that helped Soros bring down the Bank of Thailand.

Too many ants can kill an elephant, not to mention that Thailand is not an elephant, it is at most a donkey.

The donkey has fallen, but it is only the beginning, and there are countless circling vultures, waiting to eat a feast of carrion.

In Thailand, the bank runs, the stock market plummets, the factory closes, and the deeds and titles that cannot repay the loan are equivalent to blank paper. The financial giants on Wall Street are greedily grabbing all kinds of foreclosed assets and buying stocks, land, hotels, buildings, and enterprises at low prices. The economic achievements of the Thai people's hard work for 20 years have been eaten up by these financial vultures.

It is also the Thai people who commit suicide by themselves, and the gambling is too big.

After such a big somersault, Thailand has not yet learned its lesson, which is quite a bit of a broken pot. Until more than ten years later, the deposit lending rate of the Bank of Thailand has reached 96%, and the Bank of Thailand does not have a margin system. Once a run occurs, the entire Thai financial system will be paralyzed.

Such a country that cares about eating but not fighting, if it is not too poor, it is estimated that Soros will have to harvest a wave in the 21st century.

...

The school was already on vacation. On the way to the airport, Song Weiyang called Chen Tao and said, "You gather people and plan to go to Thailand to buy the naming rights of "Zhengda Variety Show."

"How could Zhengda Group change the naming rights for such a famous program as 'Zhengda Variety Show'?" Chen Tao had no confidence in this.

Song Weiyang said with a smile: "The Chia Tai Group is already selling supermarkets. As long as they can afford it, they will definitely sell it."

What Chia Tai Group sold was the Lotus supermarket chain, which was sold to the British guy and renamed "Tesco Lotus". Later, the "Charlotte Lotus", which is often seen in China, is a sister company with the international "Tesco Lotus", born to the same mother, but the older sister was sold by the mother.

"Then I'll try it." Chen Tao said.

Song Weiyang said: "Find an interpreter, and go to Thailand after the Jinniu Club party."

"Understood, if there is anything else to order, we'll talk about it when we get to the Jinniu Hotel. I'll hang up first, there's still something to do here." Chen Tao quickly ended the call.

Song Weiyang called Zhu Jialiang, the trustee manager of Jinniu Capital, and He Guoming, the trader, and asked them to move to the Philippines, Singapore, Malaysia, and finally Indonesia. Although Song Weiyang didn't remember the specific process, he knew that Indonesia was the last to be injured and also the one who died the worst.

Including Taurus Capital, all the international speculators who made profits in Thailand went crazy, and new institutions continued to join in the middle, freely attacking other countries in Southeast Asia.

Malaysia is like a piece of paper, surrendered after only half a month, and was randomly ravaged by international capital.

As for Hong Kong City, it was attacked in late October, and it lasted nearly a year.

During this year, Hong Kong City was used as a cash machine by international speculators, and they attacked many times in a row, and each time they could bite off a few pieces of meat. If Song Weiyang made black money against his conscience, he could also eat a lot of soup, and then bite Soros back when the government made a move, so as to maximize his benefits.

Of course, that is impossible, Song Weiyang is not short of money, even if he is short of money, he would not bother to drink the blood of his compatriots.

Soros is probably overblown, and underestimated the determination of China and the Hong Kong government, thinking that China is as easy to bully as Britain and Thailand.

In the month before the decisive battle, the foreign exchange reserves of the Hong Kong government stood at US$96.5 billion, ranking third in the world. And mainland China is about 140 billion US dollars, ranking second in the world. The second and third largest economies in the world's foreign exchange reserves join forces, so Soros will win?

The Hong Kong government even used land funds to invest in the stock market, just to stabilize the Hang Seng Index.

At the same time, I would like to thank the Chinese anti-Japanese martyrs. August 15, 1998 was the anniversary of the victory of the Anti-Japanese War, which happened to be Saturday, so the Hong Kong government arranged the closing date for Monday. That day coincided with the global stock market plummeting, the Hong Kong city was closed to avoid the shock wave, and when the market opened the next day, the global stock market picked up again.

Seeing Song Weiyang hung up the phone, Lin Zhuoyun asked: "Your Taurus will have a party, can I go to it?"

Song Weiyang apologized: "Generally, there are no family members."

"Oh, forget it." Lin Zhuoyun was just a little jealous, she knew that Chen Tao would definitely go.

Song Weiyang comforted: "When we arrive in Rongcheng, I will accompany you for a few more days."

Xiao Doudou suddenly lay down behind the car window, pointed to the sky in the distance and said, "The plane is so big!"

A plane had just taken off from the airport, and Xiaodoudou was quite excited, as if it was the first time she had seen a plane flying at low altitude.

Both Lin Zhuoyun and Doudou went home to visit their elders on vacation, only Lin Wanzi couldn't leave and was busy opening a branch of Time Cafe.

The taxi driver kept looking at the three of them in the rearview mirror. He didn't recognize Song Weiyang, and he didn't know whether Song Weiyang was talking big. Almost at the airport, the driver finally couldn't help asking: "This boss wants to buy "Zhengda Variety Show"?"

Song Weiyang smiled and said, "It's not about buying "Zhengda Variety Show", it's about buying the naming rights of this show."

"It's all the same, does it cost a lot of money?" the driver asked.

"Not much." Song Weiyang said.

The driver asked curiously, "What is the boss's business? I heard you call just now. It's Thailand, the Philippines, Singapore, and Malaysia. The business has been done abroad."

"Do you know Soros?" Song Weiyang said.

"I know, this person is being talked about every day on the radio, and it seems that he has earned tens of billions." The driver said.

Song Weiyang said: "My business abroad is the same as Soros."

The driver suddenly laughed: "You are so good at bragging, I almost believed it."

Song Weiyang asked: "Why do you think I'm bragging?"

The driver said: "If you are traveling with Soros, you still come to take my taxi? It must be a special car to pick you up at the airport."

"Well, master, you are really wise." Song Weiyang also laughed.