Reborn in Hong Kong: The Tycoon Grows Up

William Morgan failed not only to break through in Hong Kong, but also in the Middle East and the United Kingdom. In order to win and prove himself to his family, he found many connections and took a multi-pronged approach.

At the same time, in order to help his son, Morgan Sr. actually called the Rothschild family with whom he had not been in contact since the death. This was the first time that the patriarch of the Morgan family called the Rothschild family after the victory of World War II. But what he didn't expect was that the Rothschild family would not give him face, which made him very confused.

Although there are some conflicts between the two families, everyone is Jewish after all and has the same ancestor. Now it is obvious that helping outsiders does not count. He has lowered his profile and still does not give face. This is a plan to fight with the Morgan family.

The old Morgan, who had hit a wall with the Rothschild family, turned around and issued a warning to the Middle Eastern royal family, telling them clearly that this is the United States and this is Wall Street. If they want to hang out here in the future, it is best to follow the rules set by the Morgan family.

The royal families of some small countries in the Middle East have some concerns. After all, many of their investments are in Wall Street. Offending the king here is not worth the gain, but for some reason, the news that the Morgan family threatened their opponents was revealed.

American newspapers don't care who you are, and the Morgan family has many competitors. Now it is discovered that old Morgan directly threatens and intimidates his opponents in order for his son to rise to power. Is this something that free America can do!

The Boston Post was the first media outlet to report the news, detailing how the elder Morgan used his influence in the U.S. financial world to help his son intimidate his opponents, and also used state resources to bribe his opponents.

The report, fueled by well-intentioned people, allowed the world to see clearly the face of the Morgan family. This Wall Street financial giant was so shameless. Some members of Congress even came out to criticize the Morgan family for actually using the power granted by the state to bribe their opponents. This is using the wealth of the American people as a favor.

The then U.S. President Ronald Reagan belonged to the Republican camp, and the Morgan family was the largest financial backer of the Democratic Party. This led President Reagan to make public remarks and publicly accuse Morgan Sr.'s behavior of discrediting the freedom of American capital and hindering the development of the U.S. economy.

Seeing that things were out of control, Old Morgan had to pretend to be sick at home. Now the people are asking him to come out and explain, how can this be explained clearly?

After coercion and inducement failed, William Morgan began to increase his short selling efforts. However, this time the bulls were not just a few institutions, but also the people of Hong Kong. The Hong Kong dollar exchange rate began to rise at a speed visible to the naked eye. By Wednesday, it had recovered to 4.6 yuan, basically back to the level at the beginning of the year. By the time the market closed on Friday, it had risen to the level of 4 yuan, which had exceeded the expectations of the people in Xiangjiang.

It can be said that after a wave of operations, the Hong Kong dollar exchange rate has risen by about 8 points compared with the beginning of the year. Bao Zixuan does not dare to let the Hong Kong dollar continue to appreciate. That would be a fatal blow to Hong Kong export companies.

At this time, the hedge funds participating in short-selling the Hong Kong dollar on Wall Street were really wailing. The entire Wall Street suffered a huge loss of US$20 billion in this short-selling operation of the Hong Kong dollar. This does not include the short selling orders in the futures market. There is no selling of Hong Kong dollars in the market now. They still have short selling orders ranging from one to three months that have not been closed. If delivery cannot be made by then, it will be short selling and short selling, and severe sanctions will certainly be imposed.

At this time, many institutions are trying their best to buy Hong Kong dollars, and only in this way can they close their positions. Loss is inevitable, but failure to deliver when due is a violation of the law.

William Morgan said to the butler Leon: "How much loss are we going to have this time?"

Leon: "Master, our Morgan Bank has lost more than 10.3 billion U.S. dollars this time, but the matter is not over yet. We still have 85 billion Hong Kong dollars in the futures market to close our positions, because there are not that many Hong Kong dollars selling in the market. Everyone on Wall Street participated in this The funds involved in this operation are all buying Hong Kong dollars, and they also have large short positions in the futures market that have not been closed."

William Morgan: "Then hurry up and exchange Hong Kong dollars. I didn't expect that the Rothschild family and the Middle Easterners would dare to come and cause trouble. I will definitely make them look good next time I have a chance."

Leon was secretly disappointed. Does this young master still have a future? At least it's difficult in the financial field. This time, the master was attacked in order to help him, so he had to pretend to be sick and stay at home. Will the rest of the family let this second-generation master with high ambitions and low hands continue to be in charge of the project?

The Qian Morgan family can still afford to lose money, but having their personal abilities questioned is more serious than losing money. Which generation of Morgan family heirs are not influential figures on Wall Street? They can be personally received by heads of state in any country in the world.

But now William Morgan still has the opportunity to become the patriarch. As a steward who has served the Morgan family for generations, he finds it difficult. The family will not let a loser become the patriarch. It is impossible for such a person to make the family grow and develop, and may even bring disaster to the family. In the future, being a young man who is not short of money is the best ending. If you continue to be greedy for power, you will die very ugly.

Leon: "Master, there is not so much selling of Hong Kong dollars in the market now. Hedge funds on Wall Street are desperately trying to exchange Hong Kong dollars. They also have a lot of short positions that need to be closed. Short-selling and short-selling must be investigated."

"We have several short-selling orders that are about to expire. If we fail to close the positions, we will not only be subject to huge fines, but in serious cases, we may be banned from securities trading. Morgan Bank cannot afford to lose this person."

William Morgan also knew that the family's reputation could not be ruined in his hands if Morgan Bank was banned from securities trading because it could not close its short position. Not only will his competitors take the opportunity to suppress him, but his cousins ​​will definitely add insult to injury.

His father has been implicated in his own affairs, and even old Morgan may not have any good ideas at this time.

William Morgan: "Leon, what do you think we should do now? Should we discuss it with the Middle Eastern royal family and the Rothschild family? Let them make a fortune this time, and we will definitely let them pay back double the amount in the future."

I heard that William Morgan was still speaking harsh words and arguing with each other at this time; what's the point of this? Moreover, the crux of the problem has not been grasped. It is meaningless to look for the Middle Eastern royal family and the Rothschild family now. Old Morgan's face was not big enough, but he still didn't let him go, which showed that the attitudes of both parties were very firm. Now we need to find the key people, only in this way can the problem be solved at once.

Lai Sang: "Master, neither Rothschild nor the Middle Eastern royal family will agree to us now, because they have offended us, and we don't care if we offend more harshly. What's more, they don't even give me the face of the master, so they won't be too generous when we ask. Big meaning.”

"The Rothschild family and the Middle Eastern royal family went long on the Hong Kong dollar because of Bao Zixuan. They must have had a private agreement. It is estimated that Bao Zixuan paid a high price this time. Before the benefits were obtained, the two families could not Do private transactions with any institution."

"In that case, Bao Zixuan would be offended. Bao Zixuan originally wanted to be grateful to them. If they ask for something in the future, Heiyun will definitely support it fully. But what will Bao Zixuan think if they trade with us privately? It is an approach that will not please both parties. .”

After hearing Leon's analysis, William Morgan already knew what to do. But he really didn't want to do this, otherwise he would be a joke, and even the entire Morgan family would become a laughing stock.

This weekend is indeed extremely happy for the people of Xiangjiang. It can also be said to be the most comfortable weekend in so many days. The current exchange rate of the Hong Kong dollar is stable and rising slowly; this shows that their wealth has not shrunk. The most important thing is that as the Middle East countries reserve Hong Kong dollars, many risks can be reduced in future trade, and there is no need to worry about the impact of exchange rate differences on costs.

Black Cloud Bank is also counting the profits from this international hot money shorting of the Hong Kong dollar. Their profits are indeed considerable. Wealth will not disappear for no reason, it will only flow from one party to another. When Wall Street's capital is losing money, your opponent will make a lot of profits.

In fact, Zixuan is not very concerned about how much money he makes. What excites him most is that starting from January next year, Black Cloud Bank will have 25% of the minting rights of Hong Kong dollars. For a bank that was established less than a year ago, it was simply a miracle, not to mention when the Hong Kong dollar credit system had already taken shape.

Hong Kong's victory over short-selling institutions has redefined Hong Kong's economy around the world. This not only improves the city's reputation, but also represents the improvement of the status of the Hong Kong dollar in people's hearts. HSBC, a quasi-central bank, was able to defeat international hot money without the help of other financial institutions in Hong Kong. Although external forces intervened, it is enough to show how terrifying the wealth in the hands of Hong Kong enterprises and people is.