Happy Tycoon

It was also in New York. It was also on this day. In the KY Investment Fund headquarters just a few blocks away from the Quantum Fund headquarters, David Anderson is reporting to Yang Jing that Pacific Capital has been in this Asia for more than a year. Gains in the financial crisis.

"Boss, your judgment is accurate. If you didn't tell me not to participate in the Hong Kong dollar blockade last year, Pacific Capital would really be on the opposite blacklist." David said enthusiastically, "My The agent used the funds transferred by Niam from Europe to enter the market at the last minute and assisted the Hong Kong Island government in defeating several major investment banks. This not only allowed us to win more than two billion US dollars in the final battle. The gains also gave us the goodwill of the other side."

Yang Jing smiled and nodded and said, "That's right. David, don't forget that we are pure speculation. Since it is speculation, don't think so much. Everything is profitable."

"I know BOSS, Henry has been on the opposite side of the layout these years, and now seeing the economy on the opposite side getting hotter and hotter, our layout is about to achieve greater gains. I can’t destroy the company’s overall layout at this critical moment. Besides, the guys at Goldman Sachs and Merrill Lynch are too greedy. In the early stage, they had already made no less than 70 billion U.S. dollars in profits in Southeast Asian countries, Japan, South Korea, and even Russia. In the end, they wanted to eat Hong Kong Island. Foreign exchange reserves, this is a bit too much. BOSS, I always remember a Chinese idiom you said, too much is too late, so they are really completely wrong this time. The most important thing is that I started the game ten days ago In the decisive battle, I also saw the actions and responsibilities of the Chinese government! In contrast, our federal government is too bad. In the stock market crash ten years ago, I did not see what the responsibilities and actions of our federal government did."

Yang Jing waved his hand and turned away from the subject and said, "David, don't talk about those high-level matters, let's talk about the gains over the past year."

"Okay!" David seemed very excited, "We have been planning for the year before 1996, and the financial crisis in Thailand really broke out as we guessed it. Take Soros's Quantum Fund and Robertson's Tigers. When many hedge funds headed by funds broke out in Thailand, we immediately dispersed to follow up. However, in the early stage, given that the foreign exchange reserves of Southeast Asian countries are not very large, the amount of funds we invested is not large. After all, our main battlefield is still in Japan. ."

"Then over a year or so, we have earned a total of 34 billion U.S. dollars in Thai baht, Indonesian rupiah, Fipesos, Malaysian dollars, Singapore dollars, Taiwan dollars, South Korean won, and rubles, including the depreciating Japanese yen. The net profit. But our agents are so many that they are scattered and unobtrusive. I am afraid that neither Soros nor Robertson would have thought that we would enter the market."

Yang Jing nodded and praised: "You should do this. You will be hated if you **** food in others' mouths. Therefore, as long as we have this condition, we will try our best not to expose ourselves."

"Don’t worry, BOSS, in this Asian financial crisis, Pacific Capital’s agents have more than 110 agents, and each agent only controls the amount of funds between US$1.2 billion and US$3.4 billion, and most of these agents are based in Europe. Mainly there, the main flow of funds is also through our bank and UBS, so it is impossible to catch our heels simply from the flow of funds. These agents seem to be ordinary European small and medium-sized investment institutions, don’t worry about us being discovered.”

Yang Jing nodded. With David's experience and means, it is nothing to integrate such a small agent into the huge international hot money. You know that in 1997, there were more than 3,500 hedge funds in the United States alone, and there were more than 2,000 hedge funds in Europe with less than 3,000 hedge funds. With so many hedge funds, hundreds of agents were mixed in. Among them, it is really like pouring a glass of water into a lake.

Unless the funds flow and source of these agents can be grasped, it is absolutely impossible for the outside world to find out the true identities of these agents.

Although doing so will lead to some increase in costs, compared to safety and huge benefits, this increase in cost is nothing at all.

"Boss, the financial systems of those small countries in South Asia are really bad. They can't be defeated in a single charge. Our funds are completely scattered, so we are inconspicuous, and we have been following Soros and others. Behind the big investment banks, so while we are gaining profits, we can also watch the big investment banks in front fight the local government. Hehe, to be honest, although it looks fierce, it really doesn’t mean much. The governments of those countries Compared with these investment banks, they are not on the same level at all, they are completely overwhelming."

"Haha, you guy, you have been cultivated by the Japanese market with a higher vision, and the battlefield of tens of billions of dollars is not in the eyes?" Yang Jing joked with a smile.

"BOSS, it’s not me. I really didn’t pay attention to such a small market. If we were to deploy this big market in total, it is estimated that the economy of those countries could be impacted before World War II. status......"

Well, this pretense can give 9.8 points!

However, I think that before David and Henry joined the KY investment fund more than ten years ago, they controlled hundreds of millions of dollars in their investment banks at most. As a result, after more than ten years, let alone hundreds of millions of dollars. They can't even see the tens of billions of dollars.

It’s no wonder that after more than ten years of training in the KY investment fund, David, Niam, and Henry, all of them are financial giants that control hundreds of billions of dollars. I really don't care about it.

Now they can enter the markets that they can see, that is, North America, Japan, and Europe. For a few of them, the economic volume of Southeast Asia is indeed a bit small.

"I wanted to have a big meal on Wandao. After all, Wandao also has 80 billion U.S. dollars in foreign exchange reserves. As a result, the leaders of Wandao are very interesting and directly devalue the Taiwan dollar without resisting it. Alas, it is estimated that Washington’s. The gang guys can’t bear to see Wan Island’s economy destroyed. After all, Wan Island is the most important part of the first island chain. It’s impossible for the guys in Washington to let the economy collapse on the island."

Yang Jing nodded. David's analysis is really correct. Otherwise, it would be impossible to explain why Wandao, which has 80 billion US dollars of foreign exchange reserves, devalued the Taiwan dollar without saying a word? They must have done so after receiving a warning from Washington.

What? Wouldn't they just watch the loss of the people of Wandao?

Hehe, it's my business to hurt the people? As long as I keep the 80 billion U.S. dollars in foreign exchange reserves, I can continue to buy weapons from American godfathers, and I can keep my position. The depreciation of the Taiwan dollar and the damage to the common people are my business?

"Later, the yen, the Korean won and the ruble also began to depreciate sharply, so I focused on that. Besides, didn’t you say last year not to let us participate in Hong Kong Island? So I followed your instructions. They did not follow Soros on the attack on Hong Kong Island. But although I did not participate, I have been watching the whole process. This war is really ups and downs." David’s expression on his face is a rare sigh, which is enough to prove this Hong Kong. The defense of the island was fierce.

"BOSS, you also know that I came from Goldman Sachs, so I know the investment methods of investment banks such as Goldman Sachs and Morgan Stanley the best. The Japanese market is our home market, so Southeast Asia is just theirs. An introduction, their main goal is actually on the so-called "East Asian four little dragons". Harvesting profits from these four little dragons is the fundamental purpose of these investment banks."

"However, Wan Island cannot move. Pointing to Singapore and South Korea is not enough to satisfy the greedy appetite of these investment banks. Therefore, Hong Kong Island will inevitably become one of their main targets. Moreover, the situation on Hong Kong Island in the past two years. In fact, there are many loopholes, no wonder Goldman Sachs and the others have to resolutely attack Hong Kong Island."

Yang Jing also nodded and sighed, "Yes, flies don't bite seamless eggs. Hong Kong Island's own economy is too hot. This is also the main reason why those big investment banks are targeting Hong Kong Island."

In fact, before the Asian financial crisis, the economy of Hong Kong Island was affected by the economic collapse of Japan, and it also fell to the bottom. However, after two years of adjustments in 1994 and 1995, it began to rise from the bottom in 1996.

Hong Kong Island’s economy developed faster in 1997, with growth rates of 5.9%, 6.8%, and 6.0% in the first three quarters. Moreover, the Hong Kong Island real estate market is also prosperous due to the return of factors, and the Hang Seng Index has repeatedly set new highs. On August 7, 1997, it reached a record high of 16,673.27 points.

At that time, the bubble in the Hong Kong Island stock market and real estate market had reached its final astonishing degree of madness. The transfer price of a new building subscription certificate reached 2.5 million Hong Kong dollars; any third- and fourth-line stocks, or junk stocks, would be acquired by red-chip companies. After the news, the stock price can soar 100% to 200% that day.

With such a serious bubble, it's strange that those investment banks don't stare at Hong Kong Island!

Especially with the sharp depreciation of the currencies of Southeast Asian countries, the Hong Kong dollar, which is pegged to the U.S. dollar, has appreciated relatively sharply. From an empirical point of view, currency depreciation in emerging investment markets is contagious. Since most emerging market countries have similar export commodity structures, there is a possibility of competitive currency devaluation.

In other words, the currencies of neighboring countries and regions have depreciated sharply~www.readwn.com~ People’s exports will be smoother, and the Hong Kong dollar has remained strong because of its peg to the US dollar, which will put tremendous pressure on Hong Kong Island’s exports and eventually lead to The Hong Kong dollar is facing tremendous depreciation pressure.

The Hong Kong dollar is facing such a huge depreciation pressure, coupled with the stock market and real estate bubbles, which has created a natural advantage for those international speculators. In addition, Hong Kong Island has just returned, and those guys are eager to dig a piece of meat on Hong Kong Island!

"From August last year to August 28 this year, the Hong Kong dollar has experienced three major selling frenzy. This is the preparations for the final decisive battle of those big investment banks. Their preparations are doing very well. , Successfully suppressed the Hang Seng Index from over 16,000 to 6,600, which also triggered panic among Hong Kong Island investors. So, on that day, they launched the final decisive battle against Hong Kong Island."

David curled his mouth and shook his head, "Goldman Sachs and the others have made preparations for more than a year, but in the end it is cheaper for us. Of course, the Hong Kong Island government has also made more than 8 billion U.S. dollars, and finally it has not lived up to the support of the Chinese government. Our final entry."

Yang Jing said lightly: "This is called the mantis catching the cicada and the oriole!"

PS: I would like to bow and thank you for the rewards of "Heaven and Earth, I Say Myself" and "Very Lazy Fish" 100.