The Rebirth of the Financial Hegemon
Chapter 91 Boulder Capital (1)
Buy buy buy.
Buy all Thai Baht sell orders on the Standard Chartered system.
This made George King resentful for a time, like an aggrieved daughter-in-law.
If I really follow the buying method my boss said, I am afraid that Standard Chartered will go bankrupt again.
Then, the blame still has to be put on his head.
Now George King deeply understands the nature of his boss.
Good things are all done by the boss.
If something goes wrong, that guy will definitely take it clean.
If Standard Chartered goes bankrupt twice in a row, by then, George King will become an unprecedented money-loser.
His name is in the history of the financial world.
Therefore, with every purchase, the resentment in George King's heart increased by one point.
But as he kept buying, George King discovered something was wrong.
Standard Chartered initiated buying at USD/THB 25.987.
Now, the price is in Thai Baht.
25.038.
This is equivalent to saying that as long as Standard Chartered sells the Thai baht at the current price, it will make a lot of money.
..898......
In the market, the quotation of Thai baht is still jumping rapidly.
George King no longer had the resentment in his heart.
In addition to excitement, there is only deep shock.
As a banker, George King naturally knows that the Thai baht is currently facing attacks from international speculators.
Not long ago, the Thai Prime Minister also issued a vow to defend the Thai baht.
Look at the statistics of Standard Chartered’s global short-term lending business.
Those who lend Thai baht funds are giants that dominate the global financial market.
Morgan Stanley, Goldman Sachs, Franklin Templeton Fund, Jones Fund, Tiger Fund, Quantum Fund...
George King knew it.
There is only one reason why these giants borrow the baht.
The Thai Baht will depreciate.
As long as the Thai baht depreciates, they can make huge profits by buying baht and repaying it.
These world-famous financial giants are short-selling the Thai baht.
But the Thai baht bought by Standard Chartered made money.
George King couldn't help but be shocked.
This means that these giants are all losing money.
If it was luck that the insurance policy killed Standard Chartered, then the current level of competition cannot be explained by luck at all.
George, you have to buy baht like a woman goes shopping on the street.
Buy buy buy buy all the baht we can get.
When Zhao Jiangchuan said this, George Jin just felt that this guy was a nouveau riche.
International capital around the world is targeting the Thai baht. With the strength of Jushi Capital, it may not even be an enemy of others.
But now......
.......
"What did you say? Singapore and Hong Kong didn't take action? Then who took over the selling of the Thai baht?"
Within the Quantum Fund.
Stanley Druckenmiller's face no longer looked as calm as before.
he asked his assistant in disbelief.
Everything Robbie said was completely inconsistent with his deductions.
"Yes, boss.
The Monetary Authority of Singapore and the Monetary Authority of Hong Kong did not directly support the Thai baht. Data from the intelligence agency showed that it was the Bank of Thailand that took over 60% of the baht selling in the market. "
"How can this be.
Aren’t the Bank of Thailand’s reserves almost depleted? With the current total trading volume of the Thai baht market at US$15 billion, where did they get so much money?
Could it be that this was a trap from the beginning? "
"..."
Robbie didn't answer.
This matter is too important, and as his assistant, it is not suitable for him to interrupt.
What's more, he knew Druckenmiller didn't need his answer.
Druckenmiller's face was gloomy.
His intuition told him that he had been fooled this time.
The fact that the Bank of Thailand can take on such a large sell-off in the market means that the Thai baht's previous technical break is likely to be a trap.
Otherwise, it is impossible to explain why the market has experienced such a huge selling, but the Thai baht has been able to recover its lost ground.
Suddenly, Druckenmiller realized something.
The Bank of Thailand took over 60% of the selling, so who took over the rest of the baht.
"Who else is there to buy it other than the Bank of Thailand?"
"And, and..."
Robbie hesitated and didn't know what to say.
He knew Druckenmiller would be pissed if he said that name.
However, Robbie also knew that this matter could not be concealed. Under Druckenmiller's gaze, he lowered his head and said.
"There is also Jushi Capital. They have taken over approximately US$1.5 billion of selling in the market."
"boom......".
Druckenmiller felt as if someone had hit him hard on the head.
What is Boulder Capital.
That was the initiator of this attack on the baht.
The selling of the Thai baht worth US$3 billion destroyed the real trump card held by the Bank of Thailand.
It was Jushi Capital that broke through the defense line maintained by the Thai baht all year round, and it was precisely because the elastic range of the Thai baht was opened that Quantum Fund hurriedly joined the offensive camp.
For this reason, Druckenmiller was very depressed for a time.
In the financial market, Quantum Fund has always been the leader.
But this time, that honor was snatched away by a newly rising guy.
However, it was precisely because Jushi Capital broke through the Thai baht's defense that Druckenmiller speculated that the foreign exchange reserves previously announced by the Bank of Thailand were a smoke screen.
But now, it is Jushi Capital that is buying the Thai baht.
Druckenmiller was so angry that his lungs almost exploded.
First sell the Thai baht and pretend to break through the Thai baht's defense line, then induce other funds to follow suit, and then backhand to strangle all the funds that follow the trend.
After killing your opponent, kill your teammates.
This kind of trick is not the one they always use.
Jushi Capital is better.
He didn't even kill his opponent, so he turned around to kill his teammates first.
Could it be that Jushi Capital and the Bank of Thailand are in the same group?
This is simply a trap.
Druckenmiller thought he had guessed the truth.
If this is the case, Quantum Fund will be fooled this time.
Someone calmly dug a hole for them to jump out of.
Then they jumped in obediently.
asshole.
This is treating us like monkeys.
After thinking everything through, Druckenmiller's face was gloomy and almost dripping with water.
He cursed through gritted teeth.
“Bloody Damn Capital.”
Who is the most hateful person on the battlefield?
Not an enemy.
No matter what means the enemy uses to fight back, it is natural.
Often the most hated ones are always traitors.
The feeling of being stabbed from behind is enough to make anyone furious.
A moderate fever hurts more than a wound.
Singapore, Tiger Management Trading Department.
Robinson's eyes were filled with anger, and he pushed the tempting body away from his lap.
"What do you mean, it's Jushi Capital? Are you sure?"
Linda didn't dare to look directly into Robinson's eyes, as if she didn't realize what her sister was doing with Robinson just now.
Linda lowered her head and said.
"Yes, apart from the Bank of Thailand, the largest buyer of Thai baht in the market is Jushi Capital, which has taken over approximately US$1.5 billion of Thai baht."
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