Rebirth of the Official Business Route

The Singapore International Currency Exchange is the main market for Thai baht transactions, as well as the foreign exchange markets in Tokyo and Hong Kong. Financial giants who sharpen the Thai baht are all stinging in these places. The opening of the Singapore International Currency Exchange tomorrow is the real thing. Time of debut.

Of course, those who stay in the trading market and operate are usually just stars. The real Big Horn may have one or two nested in the Peninsula Hotel in Hong Kong like them to remotely command.

Zhang Ke folded his arms in front of his chest, staring at the bright night outside the glass curtain wall, his lips were slightly pursed, and he was silent. Fastest update of novel chapters

At this moment, in addition to the strong confidence of the main hot money attacking the Thai baht, the outside hot money can also determine the direction. The surging spot and forward contract selling orders will only be taken over by the Bank of Thailand and their allies. Once they can't bear it, it will be the end of the first game.

Zhang Ke smiled faintly, and said: "Their resistance and will will be very weak, and our position has increased to 40%!"

Nick Leeson took a look at Ye Jianbin, and he agreed with this view. At the beginning of the establishment, the conditions for the sponsor to participate in the decision-making were agreed. Zhang Ke said, he depends on Ye Jianbin's opinion. He also has a trader in New York, who can do spot contract transactions of Thai baht in New York, but whether he can increase his total position to 40% is still unknown. The entire market is selling baht. Except for the Bank of Thailand, other buyers Very rare. "Fiction" novel chapters are updated fastest

Foreign exchange spot contract trading is the most important form of foreign exchange trading. Foreign exchange futures may not be successfully traded after waiting for half a day, but spot contracts are traded through the trading network anytime and anywhere, and the actual speculative function is the same, and they are all margin transactions, especially after the formation of foreign exchange trading networks, foreign spot contracts The transaction volume far exceeds foreign exchange futures trading.

In this game, Asian governments have a sense of crisis, and domestic financial institutions have speculatively traded on the Thai baht and other Southeast Asian currency spot contracts and forward contracts, but European and American financial capital is the biggest driving force behind the Asian financial turmoil. In particular, the offices of European and American banks in Singapore have a large number of Southeast Asian currencies in their hands to support the huge speculation in spot contracts and forward contracts that the governments of Southeast Asian countries cannot afford.

Ye Jianbin nodded, his palms were already sweaty: Zhang Ke, this kid is really heartless, with a huge amount of nearly four billion Hong Kong dollars in his hand, he is not worried about gains or losses at all, and he seems to be at ease. Their Ye Family is really looking forward to drawing some thirst-quenching funds from this.

The phone in his pocket vibrated, but Ye Jianbin was taken aback. He felt a little embarrassed and too nervous when he took out the phone. Seeing that it was a call from his second uncle Ye Zhenmin, he made a gesture to Zhang Ke and walked aside to answer the call.

"Second Uncle, please come over," Ye Jianbin hung up, walked over and whispered to Zhang Ke. "Or let the second uncle come here by himself?" Zhang Ke doesn't have the face, and Lao Ye Zhenmin personally walks, and when he comes to Hong Kong, he should go to see Ye Zhenmin, but let Ye Jianbin come to the Peninsula Hotel first.

Zhang Ke pulled his clothes and left the room together, and called Tang Jing in the aisle to let her stroll around the Peninsula Hotel with Midsummer.

Ye Zhenmin's temporary residence in Hong Kong is on Hong Kong Island, the official apartment of the Central Liaison Office in Hong Kong. Past the Peninsula Hotel. The most convenient way is not to drive, but to take the subway. It takes two to three minutes to get to the subway platform from the Peninsula Hotel.

The predecessor of the Liaison Office of the Central Committee was the Hong Kong branch of Xinhua News Agency. The office building was located overseas in Xihuan. Most of the officials of the Liaison Office came from various ministries and commissions of the Central Government and government agencies of various provinces and cities in the Mainland. Western District is the old city of Hong Kong, and most of the apartments of the Liaison Office officials are old-style buildings.

Ye Zhenmin's temporary apartment in Hong Kong is a red-brick villa. He first took the subway to cross the sea. When he arrived at the Western District, he could still hear the tinkling of the old tram, which was next to the Western Police Station.

Ye Zhenmin is thinner than when we met in Beijing last time. But his eyes were piercing, and he didn't say much at the door, so he went straight into the dimly lit study room on the second floor. Ye Zhenmin pushed away his secretary; Du Fei and Ye Zhenmin's secretary were also waiting outside the study room.

"Do you know the two pieces of news from the National Television of Thailand?" Ye Zhenmin closed the door of the study. He didn't sit back on the high-back mahogany chair behind the desk, holding the tea pot, and stood on the dark brown. At the desk, I talked to Zhang Ke and Ye Jianbin, "I just talked to the Financial Secretary of the Hong Kong Government and the Chief of the Hong Kong Monetary Authority on the phone. There is a lot of pressure from all parties, hot money is coming surging, and political forces in Europe and the United States are indulging in the baht. Will become the fuse..."

"This is probably the situation," Zhang Ke said lightly. "Currency speculation is aimed at the fixed exchange rates of the Southeastern countries. The Bank of Thailand must enter the foreign exchange market to intervene in the spot and forward supply of the Thai baht to maintain its fixed exchange rate balance. The first two attacks. The Bank of Thailand barely resisted, but their foreign exchange reserves have been exhausted. Nearly half of this wave of offensive will be even more fierce. Their remaining foreign exchange reserves are simply not enough to maintain the exchange rate balance. Once they are forced to choose a floating exchange rate, the Thai baht exchange rate will fall for a thousand miles, and the long-accumulated economic crisis in Southeast Asia will take this as an example. The fuse will always explode...Even if the Thai government borrows a large amount of foreign debt in US dollars, it will only steal it for a while, but the accumulated risk will be even more violent..."

Zhang Ke knows that the Thai government will help everywhere at this moment. The Hong Kong government has 80 billion foreign exchange reserves, and the central government has 120 billion foreign exchange reserves. It may be that the Thai prime minister’s phone calls have been made several times. In time, if it were not for the protection of their own interests, anyone would be willing to take advantage of the fire.

Ye Zhenmin's ultimate goal in Hong Kong is to help the Hong Kong government resist the impact. "It seems that everyone is confident," Ye Zhenmin shook his head and smiled bitterly. "A piece of **** fat, everyone stares at it, but it's a pity that the ten-year prosperity of these countries will be destroyed..."

"This is something that can't be done..." Ye Jianbin's mentality was a little lighter after all, he smiled, and said, "It's more real to care about Hong Kong."

Zhang Ke said: "Hong Kong stocks and futures are hanging high, just like a sharp sword hanging upside down, which makes people chill... Those international hot money attacks Thailand. They mainly attack the Thai baht; they attack Hong Kong, which has 80 billion US dollars in foreign exchange reserves. There are still 120 billion foreign exchange reserves in the mainland. It is not difficult to maintain the current linked exchange rate of the Hong Kong dollar. International hot money will not dream of completely breaking the Hong Kong dollar linked exchange rate system, but they pretend to be the Hong Kong dollar. The main focus is on Hong Kong stocks, futures, and the Hong Kong government. How will the authorities respond?"

Ye Zhenmin nodded. At present, the Hong Kong stock index has reached a peak of 17,000 points, and Hong Kong is a financial free port, which cannot stop the influx of international hot money. In fact, a large amount of foreign capital has already poured into Hong Kong stocks to do more. Ten billion U.S. dollars of hot money took advantage of the Southeast Asian financial turmoil to backhand short Hong Kong stocks, and it was a tragic stock market disaster!

"In addition to continuing to increase foreign exchange reserves. To strengthen the supervision of currency flows, I think the HKMA needs to have extensive powers to counter international hot money by various means at any time. It cannot wait until international hot money has ravaged Hong Kong. Then I went to the Legislative Council to ask for support in terms of authority..."

"Um..." Ye Zhenmin replied, noncommittal, he has other difficulties, "this needs to be discussed..."

Zhang Ke has some knowledge about the course of Hong Kong in the next ten years. He knew Ye Zhenmin's difficulties.

After the return of Hong Kong, we must maintain the original political and economic system for a long time and maintain the principle of Hong Kong people ruling Hong Kong. Hong Kong implements the market principle of a free economy, and the authority of the HKMA is strictly restricted. If the HKMA is to obtain extensive authorization in advance, Ye Zhen must use his special status to do some work. Hong Kong people may not understand this painstaking effort. The news leaked out, suggesting that the Liaison Office will fill up the protesters tomorrow and accuse the central government of acting against the promise of Hong Kong people to govern Hong Kong.

Hong Kong people used to hold down the British and did not dare to speak out. After the return, they became free. They wanted to go to the street and shout twice when they came across anything. It's normal, but the Liaison Office in Hong Kong is a bit embarrassed.

Zhang Ke smiled slightly and said: "Maintaining Hong Kong's stability and prosperity is what is needed. A free economic system is meant to be stomped on the soles of the feet."

Ye Zhenmin smiled and said: "Sometimes you can't be afraid of wolves and tigers..." Then he said, "There is one more thing I want to tell you. You should open a position, right? How many have you built?"

Zhang Ke nodded and signaled that he had just arrived in Hong Kong this evening. This matter has nothing to do with me.

Ye Jianbin touched his head and said: "When we draw out the funds, the second wave of attacks on the Thai baht is coming to an end. It is too late to open short positions in the foreign exchange futures market. Banks in Asia are trading deposits and forward transactions on Southeast Asian currencies. It has also been restricted. However, foreign banks in Europe and the United States are afraid that the world will not be chaotic. They only give a slightly lower leverage. In the transaction of spot contracts and forward contracts, we have built a short position of about 7 billion baht and 600 billion Indonesian rupiah. In terms of positions, I look at Hong Kong. The main thing is to prevent foreign banks in Europe and the United States from stealing a knife."

"Oh, your time is just right," Ye Zhenmin also knows that the Thai baht is the main target of international hot money this time, but Indonesia's economic system is more fragile. Locally, you fish in troubled waters, and I can’t control you either. In Hong Kong, don’t touch it. You won’t be able to say it clearly in the future..."

"By no means," Zhang Ke laughed and said again, "However, when we are going to fight back, we can help here. At that time, let's know..."

"I'll talk about it then..." Ye Zhenmin couldn't refuse after hearing the order to act in unison.

Coming out of the red-brick villa apartment of the Liaison Office, this old-style complex is sparsely populated, the night sky is clear, and the stars are lonely.

"Those big people singing every night, many people are destined to have insomnia tonight, right?" Zhang Ke, Ye Jianbin, Du Fei and others walked in the streets without rushing to stop the taxi, saying nothing. Ye Jianbin was anxious to return to the Peninsula Hotel, staring at the New York foreign exchange market, Zhang Ke stopped him, "What anxious, now wait for the Thai baht to completely give up resistance, everyone is rushing to ravage, you can't be anxious... "

"Why are you so nasty?" Ye Jianbin has no choice but to take Zhang Ke's temper and change to someone else~www.readwn.com~ At this moment, even if he has full confidence, his heart will hang up, but he can't be anxious. Not irritable, can it be considered a kind of tolerance?

Zhang Ke laughed. Everyone walked under the stars to the subway entrance and took the subway back to the Peninsula Hotel. It was already one o'clock in the morning. Tang Jing and Midsummer had bathed barefoot and hadn't rested yet. The change of clothes bought for him and Du Fei was placed on the wooden table in the living room.

Zhang Ke looked at the night sky outside the glass curtain. There seemed to be countless giant crocodiles lurking between the shining bays of Victoria. In the financial frenzy surrounded by crocodiles, they are not qualified to appear in a big way. They have reached the last moment before the crisis, saying that they will increase their positions to 40%. Whether they can be built is still unknown.

A group of crocodiles gathered, with their blood dripping teeth gleaming in the cold. At this moment, they all aimed at the Bank of Thailand, targeting the Thai government's foreign exchange reserves of tens of billions of dollars.

This is a zero-sum game, and the Thai government must be forced to give up resistance completely. This can be called a feast.

With basic and trivial matters, Zhang Ke didn’t think he could be better than others, but he had more firm confidence than others; at this time, confidence seemed not so necessary anymore, and no one would easily give up this feast. It depends on how much you can grab from it; it's just like coming to Hong Kong for a holiday.