The Rebirth of the Financial Hegemon

Chapter 94 Become famous in 1 battle (2)

There is a law in the financial market that is not a law.

Market changes are always faster than the speed of news transmission.

After a stock has risen for several weeks or months, it will be revealed that the listed company has developed a new product.

Or, after a certain commodity has been rising sharply for a long time, people know that a certain mining giant has implemented a production reduction plan.

But one thing is clear, every market change will always precede these news.

The Thai baht rose violently, completely defying expectations.

In just one week, it rose from 25.982 to 24.785.

An increase of nearly five percent.

This increase has caused some short sellers in the forward market to liquidate their positions.

However, the funds that can hang around in the international market are often very shrewd.

There is only a correct market and no theory that is always correct.

Backfired.

It can only mean that the wish is wrong.

Therefore, due to the sharp rise of the Thai baht, some funds have stopped their losses and exited.

Singapore, Tiger Management.

Robinson's assistant secretary Linda was reading a report.

"Our current loss is 30 million in the London market, 28 million in the Chicago market, and 60 million in the New York market."

“What about the Singapore market?”

"Singapore...the Singapore market lost 120 million US dollars, and the cumulative loss is about 240 million US dollars."

"..."

Robinson had a worried look on his face.

The cumulative loss was US$240 million, which was a huge loss.

But Robinson's concern is not because of the loss.

Given the size of Tiger Fund, a one percent loss would not be a concern to Robinson.

What he was really worried about was the uneasiness in his heart.

No one can deny the existence of luck.

Just like air.

Invisible and intangible but definitely there.

However, Robinson's long-term success in the financial market has never depended on luck.

Luck is like market prices, changing at any time.

Just like the K-line and the trend, it has ups and downs.

If you are not God, you have no control over luck.

So the secret to Robinson's victory is simple.

Beat the uncertainty that comes with luck.

As an experienced fund manager and a battle-hardened veteran.

Robinson knows.

In a financial market full of variables, the only one you can truly rely on is yourself.

Trust your own judgment.

If the market does not conform to your own judgment, you must correct your judgment in a timely manner.

The current trend of the Thai baht market is completely contrary to his judgment.

He needs to consider correcting his judgment.

BOT, Jushi Capital...

What is their trump card?

Robinson habitually stroked his bright bald head and pondered.

Changes in the political landscape, economic environment, and global markets...

The impact of any change on the baht was quickly calculated in Robinson's mind.

Eventually, Robinson had to admit it.

The timing of the Bank of Thailand's counterattack is excellent.

The Thai baht has a fixed exchange rate with the US dollar.

When the US dollar rises strongly, the Thai baht will appreciate passively.

This is a huge pressure on the current Thai economy.

Thailand's export industry does not have much advantage in the world.

Coupled with the depreciation of the yen, Thailand's source of foreign exchange earnings from exports has been severely hit.

However, Alan Greenspan's speech caused the dollar to end its strong rise and enter a short-term decline.

The Japanese yen, including the currencies of other countries around the world, began to appreciate passively due to the decline of the US dollar.

This is undoubtedly a breathing space for the Thai baht.

The Bank of Thailand also seized this opportunity to fight back.

Is this the logic of Jushi Capital’s rebellion?

Robinson has been secretly observing the sudden appearance of Jushi Capital.

If you can kill Standard Chartered, you can launch the first shot to attack the Thai Baht.

Robinson can't help but pay attention to this kind of guy.

At this point, Robinson has to consider the impact of Jushi Capital’s Cheng Yaojin on the market.

Thailand's economic system is only that big, and even if its U.S. dollar reserves are hidden, it is impossible to hide much.

Based on Thailand’s foreign exchange income data over the years, it is US$38 billion announced by the Bank of Thailand.

This amount of funds will be gradually cannibalized by major companies sooner or later.

But Jushi Capital is different.

This guy suddenly jumped out of nowhere, and no one knew its true strength.

Time is too short.

Even with Tiger Fund’s intelligence network, it is currently impossible to find out the true heel of Jushi Capital.

The only thing we know is that Jushi Capital is controlled by a Chinese.

A Chinese man who is said to be less than twenty years old.

Suddenly, Robinson was stunned for a moment.

Chinese?

"Rosa, spread out the world map..."

When the boss asks you to do a job, as an assistant you naturally have to do it immediately.

At Robinson's order, Rosa quickly ran out and retrieved a world map.

Linda did not dare to delay. After her sister Rosa got the map back, she immediately cooperated with Rosa to spread the map.

The two of them cooperated very well, as if they cooperated in something they loved to do.

Robinson is very satisfied with this.

He has always kept these two sisters with him because the two sisters always cooperate well.

Works perfectly with him in everything he does.

With the cooperation of the two sisters, a world map was quickly laid out.

Robinson walked over and first focused on the location of Thailand, and then on the countries surrounding Thailand.

Myanmar, Laos, Vietnam...China.

Robinson's eyes narrowed slightly.

Myanmar and Laos are members of ASEAN that are about to be absorbed, while Vietnam and Thailand are already members of ASEAN.

And these countries are without exception.

All are close to China.

Unconsciously, Robinson thought of many questions.

He thought of Aung San Suu Kyi.

China has always openly supported Aung San Suu Kyi.

He also thought about the breakout time of the Thai Baht attack.

It was when Myanmar was under European and American economic sanctions that the kyat depreciated, Jushi Capital opened a breakthrough for the Thai baht with US$3 billion.

Distant relatives are not as good as close neighbors.

Based on Robinson's understanding of Chinese culture, he clearly understands what this sentence means.

After considering ASEAN's problems, he set his sights on the map.

Ultimately, it fell to North Korea.

North Korea is China's neighbor.

How could Robinson not know about that war recorded in history?

Boulder Capital...

Jushi Capital controlled by Chinese people.

Could it be...

Robinson closed his eyes and thought. After thinking for a long time, he opened his eyes.

"Linda, pass on, cut the billion dollar position."

...