Happy Tycoon

On the evening of September 7, 1998, Eastern Time, the Quantum Fund was located at its headquarters in New York.

The big boss of the Quantum Fund, George Soros, who has the nickname "Financial Giant", smiled and said to another person about his age sitting opposite: "Jim, thank you very much for your reminder, if it weren't for your reminder and Persevere, I think I will lose out in this action to block the Hong Kong dollar, and even the previous profit will be lost."

The person Soros called "Jim" shrugged his shoulders slightly and said, "George, we are friends. Although we are no longer working together, the Quantum Fund was formed by the two of us. I can't bear to see Quantum. The fund suffered a failure."

Compared to Soros's somewhat fierce face, this Jim looked very kind. This person is Jim Rogers, who founded the Quantum Fund with Soros, and Soros's most trusted partner.

Only as early as 1980, Jim Rogers left the Quantum Fund to start his own business. Outsiders thought he and Soros had torn their faces, but in fact the relationship between the two remained very good.

In fact, from now on, two people can sit and talk in an office alone, which is enough to prove the relationship between the two.

"Anyway, Jim, if it were not for you, this action to block the Hong Kong dollar would definitely have caused me a huge loss, not just a loss of 800 million U.S. dollars. Look at the series of financial controls promulgated by the Hong Kong Island government today. I feel lucky to take measures. Jim, if it weren’t for you, I would be the same as Goldman Sachs and Morgan Stanley, and at least two billion dollars would be lost.”

Jim Rogers waved his hand and said, "George, the main reason is that you have maintained a clear mind. I understand your character. If you did not maintain a clear mind ten days ago, I am afraid I can't persuade you. Fortunately, , You listened to my persuasion and took the initiative to leave there. George, this is actually your own victory. Although you lost 800 million US dollars, you have gained more experience through this event. This is one Victory."

Soros nodded, then frowned and said: "Jim, you also watched the blockade all the way. You said, was the huge sum of money that entered the market at the last critical moment the money that Huaxia took out? It is not the emergence of the funds. Short-handed forces will have the absolute upper hand. The Hong Kong Island government is unable to make a comeback."

"The time was too short, and the battle was too fierce at the time. I didn't know where the long money that entered the game at the critical moment came from." Jim Rogers shook his head, "But my feeling told me that The funds should not be Huaxia's support funds! If my judgment is good, there should be an inner ghost in you."

Soros also nodded and said: "Actually, I have been thinking about this matter these days. I have the same opinion as you. This should be done by the inner ghost. But who is the inner ghost?"

Rogers smiled and waved his hand. "George, I think you still didn't understand it. In fact, in that blocking battle, no matter whether the funds were finally entered or not, from the beginning, the final outcome was doomed. The Premier Zhu of the opposite authority is a very powerful figure. Since he openly said the phrase "The Chinese Government will maintain the prosperity of Hong Kong Island at all costs", then he will definitely do it. That is a man. A respectable wise man is also a formidable strong man. You and that one are not optimistic about you at all, so I will persuade you not to participate in the final battle."

Soros smiled bitterly and nodded, "Yes, I wrongly estimated that man's determination. We are not unjustly defeated!"

"Well, George, don't worry about this matter anymore. Although the lesson this time is very heavy, first, your loss is not great. Second, through this, you can also understand one thing, that Just don’t go to war with the opposite country easily. Forty years ago, the federal army was defeated on the Korean peninsula. This has proved the strength of that country. Now, you have lost to that country again in the financial market. So, in the future You must never try to challenge that country anymore. That country is not something you can challenge."

Soros smiled and said: "Through this decisive battle, of course I can see this clearly. I will not do stupid things anymore. It's just that I am not reconciled. What is the capital that entered the market at the last critical moment? Where did it come from?"

"Morgan Stanley, Goldman Sachs, Lyon, Jardine Fleming, Solomon, Huijia, and Merrill Lynch all suffered heavy losses in the decisive battle that day. It is impossible for them to do such a thing; Julian's Tiger Fund is deeply mired in the ruble. He didn’t have the huge sum of money to enter the market. But besides these people, who else has the ability to come up with such a sum of money to enter the market against us? That’s a sum of at least 60 billion. A huge amount of funds above the Hong Kong dollar! Even me, I can't come up with that much money!"

Rogers also shook his head, and there is no doubt about it now.

The names Soros mentioned above are all famous investment banks in the world today. On the surface, these investment banks are doing serious business, but everyone knows that the dirtiest guys in the world are these investment banks. .

Even Soros' Quantum Fund and Julian Robertson's Tiger Fund are pure and pure in front of these investment banks as a 13 or 14-year-old girl.

These investment banks don't look at the seriousness on the surface, but the dirty things they do secretly can only be described in four words-too many words!

If the bottom line of large hedge fund owners such as Soros and Robertson is the door of hell, then the bottom line of these investment banks can touch the floor of the eighteenth floor of hell. Many of them simply have no bottom line!

These large investment banks are the spokespersons of major consortia, and these investment banks have been behind the wars that the United States has provoked all over the world over the years. Even many major decisions made by the US government are driven by these investment banks.

It can be said that for the benefit of Hongguoguo, these large investment banks really have no bottom line. To say that they sell their souls to Satan is to exalt them. In fact, Satan is their spokesperson!

In fact, half of the so-called international hot money comes from these investment banks, but outsiders simply cannot grasp the evidence.

This time, the Asian financial turmoil, which has affected half of the earth, was ostensibly led by Soros's Quantum Fund, but the real thrust behind it all came from these large investment banks. Otherwise, you think he can do a **** just by relying on the six or seven billion US dollars of the Quantum Fund.

As far as the amount of funds from the Quantum Fund is concerned, even the Thai government is unbalanced!

In the financial crisis that has swept half of the earth, the amount of funds involved in transactions has already exceeded the trillion-dollar mark. With this amount of funds from the Quantum Fund, even a splash of money can not be smashed into it.

Blocking the Hong Kong dollar can be said to be the last gluttonous feast of this financial crisis. After all, Hong Kong Island’s foreign exchange reserves rank third in the world, second only to Japan and China. The foreign exchange reserves of US$82 billion are in the eyes of these big investment banks a very delicious piece of fat. Everyone wants to swallow it in one bite. .

In the past, in Thailand, Malaysia, Indonesia, Singapore, South Korea and other countries, these big investment banks have already tasted the sweetness. Fortunately, Wandao saw the opportunity quickly, and even resistance did not resist and directly announced the devaluation of the New Taiwan dollar, otherwise it would be the 80 billion U.S. dollars on Wandao. China’s foreign exchange reserves will also be swallowed up by these big investment banks.

Therefore, after swallowing up hundreds of billions of dollars in foreign exchange reserves of Southeast Asian countries, these big investment banks have set their sights on Hong Kong Island.

They want to continue to replicate their previous feat of embezzling the foreign exchange reserves of Southeast Asian countries and swallow the foreign exchange reserves of Hong Kong Island in one go.

Although Hong Kong Island’s US$82 billion foreign exchange reserves are the wealth of Hong Kong Island people’s hard work for decades, for those big investment banks, they don’t care about that much. In their eyes, the wealth of millions of people on Hong Kong Island who have worked so hard for decades to accumulate is prepared for them.

It’s just that they really didn’t expect that the Chinese government, which had just taken back the ownership of Hong Kong Island, would be so resolute and would really maintain the prosperity of Hong Kong Island at all costs. They would not have thought that it would be the final event on August 28, 1998. Before the advent of the decisive battle, after the Chinese government announced that the national currency would not depreciate, it would still directly put out a huge amount of 60 billion Hong Kong dollars to resolutely safeguard the status of the Hong Kong dollar!

August 28 is the settlement day of Hong Kong Island’s Hang Seng Index futures in August. In the year or so before this day, in order to completely defeat the Hong Kong dollar, major investment banks have made countless preparations following Soros. , Just waiting to completely defeat the Hong Kong stock market when this day arrives, and then let the Hong Kong dollar completely defeat.

They all knew what Premier Zhu said before, but these big investment banks did not believe that China and the Hong Kong Island government would interfere in the financial market, and the various preparations made before made these big investment banks have to issue an arrow. .

Then, a huge amount of funds gathered on Hong Kong Island on this day. On this day alone, the trading volume of the Hong Kong Island stock market broke the historical record, with a trading volume of 79 billion Hong Kong dollars a day!

As for the funds in the foreign exchange and stock index futures markets, that is even more of a huge amount.

It’s just that these big investment banks never thought that the Hong Kong Island government and the Chinese government were so determined, and coupled with the huge amount of long funds that suddenly entered the market at a critical moment, it became a crushing camel. The last straw.

The fierce battle in the financial market on Hong Kong Island that day was unprecedented, but if you put aside the fierce battle on that day, the 7829 point at the close of the Hang Seng Index on August 28 is really a very flat number~www.readwn .com~ It even dropped by 93 points from the previous day, but the significance of this number to the Hong Kong Island financial market is immeasurable.

It gave the Hong Kong Island stock market a firm foothold. Not only did international speculators have no room for profit, but because their contracts had expired, they would inevitably suffer huge losses.

11.2 billion dollars!

This is the final profit figure on the face of the Hong Kong Island Government, and it also represents the victory of the Hong Kong Island Government in this battle to defend Hong Kong Island!

Similarly, this figure means that major investment banks have lost US$11.2 billion in the battle against the Hong Kong dollar that has been carefully prepared for more than a year!

Although playing speculation requires the consciousness of losing money, if there is no such long sum of money to suddenly enter the market, even if the Hong Kong Island government can win, it will only be the result of a miserable victory.

Who is the owner of that long fund?

This is the number one problem in the minds of executives of major investment banks.