Rebirth Of Xiangjiang: Earn Tens Of Billions At The Beginning, A Legendary Family

Time soon came to the day of the operation. On this day, Ye Feng arrived at the HSBC Bank with five recruited guards. It didn't take long for Shen Bi, Chartered Ship King and others to arrive.

Shen Bi led everyone to the largest trading room of HSBC, and waited for everyone to take their seats.

"Ye Feng looked at the 20 traders that Shen Bi had found and said: From now on, the 20 of you are prohibited from leaving this trading room until the operation is over, and all of you hand in your communication devices."

"After the operation is over, in addition to the corresponding bonuses for each of you, I will send you an additional sum of money."

The twenty traders were all overjoyed, and they were very happy when they heard that there was still money to be paid.

Ye Feng saw that there was an acquaintance among the 20 people, who was Wang Dong who managed for him last time, "Ye Feng said to Wang Dong: You are still their temporary team leader this time."

Wang Dong happily agreed.

"Ye Feng saw that the time was almost up, and began to give instructions: Now the first step is to borrow money from local banks in Taiguo to purchase a large amount of local assets, and then raise funds from the offshore financial market to sell local assets in exchange for a large amount of baht .”

On the other side, Soros on Wall Street was doing the same thing. On this day, the stock market in Taiguo was rising crazily, but the Taiguo officials didn't pay attention.

In the afternoon, Shen Bi and others left, leaving only Ye Feng in charge of the overall situation.

For seven days in a row, Ye Feng and others had almost collected chips, and they were ready to start the next step.

Soros on Wall Street is almost done.

Only then did the officials of Taiguo realize that something was wrong, and the people from the Ministry of Finance quickly reported it to their ministers.

However, Ye Feng and Soros have almost collected chips, and they both hold a large amount of Baht in their hands.

Soros also noticed that a group of people were doing the same thing as them, but now they were on the verge of breaking out and had no choice but to send it out.

Soros angrily scolded the subordinate next to him. That subordinate felt very innocent, and it was not him who leaked the secret.

After completing the first step, Ye Feng ordered Wang Dong and others to carry out the second step, borrowing stocks from the local stock custody institution and selling them short.

The stock market, which had skyrocketed a few days ago, suddenly began to plummet again, and Ye Feng made another wave of profits through the large leverage in the local stock futures. Soros did the same.

It should be Ye Feng who learned from Soros, because Soros operated like this in the previous life.

Then the two started the same third step, borrowing a large amount of baht from the Central Bank of Taiguo.

Another few days passed, and the Taiguo officials were in a mess, and they didn't know what went wrong.

Now that Ye Feng got enough chips, he began to sell a large amount of Sorata baht spot, and at the same time bought forward Baht contracts for forward foreign exchange swap transactions.

That is to say, in the forward futures, the Thai baht is paid in exchange for the US dollar. In this way, if the Thai baht falls, the same dollar can be exchanged for more Thai baht. Therefore, Ye Feng will profit as much as the Thai baht falls.

Soros's side was also carried out at about the same time.

The Taiguo officials watched the exchange rate between the baht and the U.S. dollar continue to fall, and it fell by 20% on the first day. Now they couldn't sit still, and they finally knew what this group of people was going to do.

Seeing the continuous depreciation of the Thai baht, Taiguo has also begun to exchange the Thai baht for the US dollar in the market, and a large number of followers are also exchanging the Thai baht for the US dollar.

As a result, the central bank's foreign exchange reserves were completely insufficient, and they immediately began to borrow 30 billion U.S. dollars from Jiujiapo to continue to take over the Thai baht in the market.

But 30 billion US dollars is not enough, the exchange rate between the baht and the US dollar is still falling, as long as the exchange rate falls more sharply, the more Ye Feng and Soros will earn.

The fall in the exchange rate sent stocks down, making the stock market move in Ye Feng and Soros' favor.

The increase in interest rates has increased the financing costs of enterprises, which has hit domestic enterprises and deteriorated the real economy of Thailand.

When the exchange rate of Thailand fell sharply, investors from all over the world flocked to Thailand, making a lot of Sorata baht, and the Thai baht continued to depreciate.

Almost a month later, Taiguo finally couldn't hold on anymore, gave up the exchange rate system, and started free floating. The governor of the Taiguo Central Bank took the blame and resigned.

The exchange rate between the baht and the US dollar fell by 20 percent that day.

Ye Feng and Soros have already made crazy money, and both sides have almost doubled their money.

Seeing that it was almost done, Ye Feng began to liquidate the borrowed stocks. Another large sum of money came in.

Taiguo officials scolded this group of executioners as dogs and blood, and sent Taiguo intelligence personnel to investigate who did it, but they most likely suspected that it was Wall Street capitalists or the group of vampires in Europe.

I simply didn't think about Xiangjiang, let alone the inland.

Shen Bi and the others were dumbfounded by Ye Feng's operation during this period, it turns out that making money is really that simple.

When Shen Bi and the others thought it was over, Ye Feng's words stunned them all.

Ye Feng said lightly, this is the beginning, but don't even think about earning so much later.

Now their funds are about 700 US dollars, while Soros's funds should be around 800 US dollars.

And Ye Feng knew in advance that one of Soros' goals would be Jiujiapo if nothing else happened.

Even if Soros changes the plan due to his own reasons, it doesn't matter. His current funds can impact a small country without any problem.

Soros' target this time is indeed Jiujiapo. Although he knows that there is a force following them, he is very upset, but he doesn't care now.

Because their intentions are the same, the more funds, the greater the chance of success and the more profits earned.

The next day, they went to war against Jiujiapo at the same time. This time they fought a quick battle, using US dollars as collateral to borrow Jiujiapo dollars from private companies in Jiujiapo.

As for the old Jiapo central bank, they dare not go, otherwise, wouldn’t it just tell people clearly that I’m going to short your country’s currency?

Although the speed of private lending is a bit slow, after 15 days, Ye Feng has also borrowed 20 billion US dollars in chips. The next step is to break down the exchange rate between the Singapore dollar and the US dollar at his old home, and then repay the debt.

The next day Ye Feng started shorting the Jiujiapo dollar in the same way. Although Jiujiapo had expected that this group of people might come to their country, he did not expect it to come so suddenly.

Everyone began to sell their old Singaporean dollars in exchange for US dollars. Although the old Singaporean central bank was fully prepared, it couldn't withstand the betrayal of the people of the whole country.

As a result, the exchange rate between the Singapore dollar and the US dollar in the old home fell by 10% on the first day.

Officials in Jiujiapo began to borrow US dollars from other countries for foreign exchange, but the surrounding countries were afraid that they would come to their own country next time, so they did not dare to borrow foreign exchange reserves at all.

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