MTL - The Rebirth of the Financial Hegemon-v3 Chapter 113 openly challenge thailand

Hongkong.

Boulder Capital Headquarters.

Zhao Jiangchuan was watching with a thick stack of photos in his hand.

The photo was taken very clearly.

Clear enough, you can see the meaning of the text in the background.

Dozens of photos were taken near major banks in Thailand.

Bank of Thailand, Bangkok Bank, Standard Chartered Bank, Fuji Bank...

As long as there is a bank in Thailand that has a foreign exchange business, photos from different angles have been taken.

The angle is well grasped.

In addition to the long queues at the bank gates, the signs of major banks can also be clearly seen.

Zhao Jiangchuan casually flipped over and shouted towards Ouyang Lan not far away.

"Little money fans, send these photos to the media. Well, don't forget to ask them for information fees, this is first-hand information."

"..."

Ouyang Lan was deeply speechless.

As a woman of Zhao Jiangchuan, she doesn't know anything.

But now, this guy doesn't even spare the information fee for the photo.

That doesn't count.

Among the media mentioned by Zhao Jiangchuan, Jushi Capital is also one of the major shareholders.

I'm afraid this is called the flies are small but also meat!

Ouyang Lan rolled her eyes and went out.

Zhao Jiangchuan smiled, picked up the phone on the table and dialed it.

Three seconds later, the call was connected.

"boss."

Zhao Jiangchuan grabbed the cigarette on the table and lit one, took a deep breath before speaking.

"Liu Qiang, the feast can begin."

Singapore.

Boulder Capital Trading Department.

After Liu Qiang hung up the phone, the muscles on his face jumped a few times involuntarily.

After waiting for so long, it is finally time to harvest.

"New York market, short sell 30,000 lots..."

"Chicago market, close all our long positions in batches... Second, add 10,000 short positions in the Chicago market..."

"Little Four, clear 20,000 long positions in the Singapore market, and add 20,000 short positions with backhand..."

Traders in the global forward foreign exchange market have found that the baht has changed for the better.

On the dollar exchange rate for Thai baht, the price of the Thai baht suddenly dropped from 23.288 to 23.588 in an instant.

Before traders could react to what was going on, short-selling contracts that could not be counted by the naked eye were swarmed on the Thai baht-related contracts of major exchanges.

three seconds.

The total transaction amount is 300 million US dollars.

Driven by huge amounts of money, the Thai baht was bombed directly from 23.288 to 23.999 with a ninety-degree vertical line.

......

Bangkok, Office of the Governor of the Bank of Thailand.

Sonny roared into the phone angrily.

"Damn, you idiot, who made you do this, you know what it means, you bastard."

noon.

Sonny gets a call from a commercial bank.

A person in charge of a branch said that early this morning, the bank flooded with a large number of customers requesting to exchange the Thai baht in their hands for US dollars.

Sonny instinctively felt that something was wrong after receiving telegrams from multiple branches in a row.

The sudden appearance of so many people exchanging dollars in major commercial banks is definitely a conspiracy.

Sonny's response was quick.

He immediately arranged for people to go to major commercial banks to investigate.

As the head of the central bank of Sonny, the energy that can be mobilized is enormous.

Bank-related personnel and government agency personnel, after receiving orders from various departments, all went to investigate the ins and outs of the whole thing.

In normal times, it may be very difficult to catch a thief.

But at this critical time, all those who received the order did not dare to slack off.

In just two hours, investigators found the source of the incident.

There was a man named Ananda, the promoter of this incident in the Sathorn area.

But Sonny didn't expect that Superintendent Nitiva, who was in charge of the investigation of the incident, used his authority to openly arrest Ananda.

Sonny hardly died of anger after receiving the news.

Thailand is a free market country.

Complete freedom of financial flows is the basis for Thailand's development in these years.

Some time ago, in order to deal with the international capital's attack on the Thai baht, Sonny had to implement a plan to break the cauldron.

Later, he regretted it for a while.

Because the use of compulsory administrative intervention to force capital is no less than drinking poison to quench thirst.

Under absolute interests, no matter how powerful the power is, it cannot fundamentally interfere with the flow of capital.

The mandatory executive order of the Leaky Cauldron Plan has lost the credibility of the government.

And currency is the embodiment of sovereign credibility.

The stability of the Thai baht is good. Once the Thai baht is in trouble, those capital who were forced to bear the loss of profits will definitely flee from Thailand at all costs.

So, when Sonny heard that Superintendent Nithiva actually arrested Ananda in public, he almost went mad.

Judging from the situation passed on, Ananda is just a small role that the characters behind this incident gave up.

In the legal process, Ananda did not commit any illegal acts.

He went to the bank to handle the exchange business, which was reasonable and reasonable.

No one is qualified to arrest a person who normally handles foreign exchange business.

Now, there have been runs on major banks.

Such runs have occurred in all free market countries in the world.

But there are not many good ways to deal with this kind of run.

The only way to deal with it is to mobilize a large amount of cash to accept in the past.

As long as there is sufficient cash flow, and through the media and public figures to appease, it is still possible to solve this kind of run.

Superintendent Nitiva arrested Ananda just like that, which would inevitably increase the level of public panic.

If the panic becomes unmanageable, all banks in Thailand will be run and collapsed.

No single bank can accept unlimited runs.

Not even Bank of America.

"Ring bell bell..."

As Sonny cursed at his subordinates, another phone on his desk rang rapidly.

"Hey, what did you say, **** it."

Sonny couldn't care less about scolding his subordinates. After hanging up the phone, he flew all the way to the market trading department in the bank.

"Tony, what's going on?"

"It's not good. In the spot market, a seller suddenly threw a sell order of more than three billion US dollars. We are taking it with all our strength, but judging from the other party's actions, this time it is aggressive."

"Did you find out where the sell order was thrown?"

"Yes... it's Boulder Capital."

"How is this possible, how can it be Boulder Capital."

Sonny was stunned.

Not long ago, when international speculators attacked the Thai baht, Sonny discussed with his subordinates Jushi Capital, the largest holder of the Thai baht position in the market.

Judging from the long-short cross positions of Jushi Capital, the purpose of Jushi Capital is not to actively attack the Thai baht.

It seems that it is doing a conventional hedging of hedging.

This kind of capital is likely to be a risk defense method in the face of the uncertainty of the Thai baht.

From the final result, this judgment is not wrong.

When the baht price fell from 23 to 26, the position of Boulder Capital shifted to the long side.

Standard Chartered Bank, a subsidiary of Jushi Capital, has taken over a large amount of Thai baht in the Hong Kong market. In forward markets such as Singapore, Jushi Capital also has a position size of more than double the short position.

Judging from this kind of futures-current cross-hedging positions, Jushi Capital is a veritable hedge fund.

And those international capital with the name of the hedge fund are the sharks who are desperate to attack the Thai baht.

But now, how could Jushi Capital suddenly adjust its strategy to suppress the Thai baht?

"President Sonny, come and have a look."

Just when Sunny was still at a loss as to why Jushi Capital sold the Thai baht when other international speculators had retreated, a staff member in the marketing department hurriedly shouted at Sunny.

Hong Kong local financial channel.

The host introduced a special guest with a smile on his face.

"Today we have the honor to invite Mr. Li Dapao, chief investment advisor of Jushi Capital, maybe everyone doesn't know much about Mr. Li Dapao.

In the mainland, Mr. Li Dapao has a very large influence. He is known as a clear stream in the contemporary financial world. He has publicly warned market risks at the critical point of the market many times.

And Mr. Li Dapao is qualified to be the chief investment advisor of Jushi Capital. I think everyone has a reference for Mr. Li Dapao's ability.

Last year, Jushi Capital acquired Standard Chartered Bank in one fell swoop.

In the 1996 fund list, Jushi Capital's Jushi No. 1, Jushi No. 2, and Jushi No. 3 funds outperformed famous funds such as Jones, Tiger, AllianceBernstein, and Quantum.

Its total annual return has reached 56%, which is very rare in financial history.

Ranked first in the world.

The fund under Jushi Capital can achieve such a terrifying record, and it is inseparable from the contribution made by Mr. Li Dapao.

Mr. Li, can you share with you your experience in investment, why you can always capture the most sensitive positions in the market, and why Jushi Capital can achieve such an impressive record that is very rare in history. "

"Host, don't praise me. I'll be embarrassed if you praise me like that."

"I didn't expect you to be so funny, Mr. Li, but I'm not boasting, but stating a fact. Everyone can see the income of the funds under Jushi Capital. As the chief investment advisor of Jushi Capital, I think your existence must be irreplaceable. of.

I heard that even the credit default swap contract signed when Jushi Capital was able to acquire Standard Chartered Bank contained your suggestion, Mr. Li. I wonder if there is such a thing. "

"Actually, the credit default swap between the company and Standard Chartered Bank is mainly due to the boss's wisdom. My role is only insignificant."

"Haha, Mr. Li, we all understand what you said. I think the audience in front of the TV understands what you mean.

However, what we most want to know now is what drives you to make your judgment that the price of real estate in Thailand will decline. I wonder if Mr. Li can share your analysis ideas in this regard, which will help many investors to analyze the future. Might be of great help. "

"Well, it's actually quite simple.

The start of Thailand's economy can be traced back to about 1976. At that time, due to the weakening of the European and American markets, Thailand's low labor costs and cheap raw materials attracted global investors. Driven by large-scale hot money, Thailand With these two decades of telling development.

But we Chinese people have an old saying like this.

The extremes of things will reverse, and the prosperity will decline.

Three years ago, the U.S. economy, which was once stagnant, showed signs of recovery. By 1994, the U.S. economy was able to see a marked improvement.

Therefore, the Fed has only raised interest rates continuously from 1994 to 1995, in order to curb inflation.

In the past two years, the dollar also rose from a low of 70 to a high of 79 not long ago.

There is only one reason for the strength of the dollar, and that is because of increased demand for the dollar.

It can also be said that the demand for other currencies decreases.

In our team's survey, it was found that the capital outflows from Southeast Asian market countries were the most serious.

As we said before, prosperity must decline.

Emerging market countries led by Thailand have experienced two decades of rapid development, while European and American established capital countries have experienced economic downturns for more than ten years.

In economic theory, this is called economic cyclicality, which is an economic law that cannot be violated.

Therefore, when I found signs of capital outflow from Thailand, I made a judgment that Thailand's economic development has temporarily reached a bottleneck period. The decline of assets is inevitable.

In fact, these things can be found by everyone as long as you look closely.

The United States experienced the Great Recession that year.

Japan, which also entered a long recession in previous years after its economic bubble burst.

Neither the world's largest economy nor the second largest economy can avoid this cyclical law, and it is naturally difficult for Thailand to avoid this economic law.

The rules are not the rules that can be broken.

These comprehensive reasons are the most important basis for my belief that the Thai real estate industry will decline. "

"Mr. Li~www.novelbuddy.com~ You mean you are not optimistic about Thailand's economy in the next few years?"

"This is really understandable. A country's economic recession is always accompanied by several very special signs. For example, the stock market crash, the real estate crash, the currency devaluation and so on.

Take Japan as an example.

After Japan's economic bubble burst, Japan's stock market has experienced a six-year bear market, and Tokyo's property prices have fallen from the lowest 30 million yen to only one pair of cowhide shoes. Of course it has entered a downward cycle.

Coincidentally, Thailand's current stock market has fallen from the highest point of 1798 to 440, and property prices have also fallen by more than 50%.

I believe that it will not be long before the Thai baht will enter a downward channel like the Japanese yen and the US dollar. "

"..."

The TV show continued.

But Sonny in front of the TV already had the urge to smash the TV.

He hated that face on TV very much.

The one with a pair of gold-rimmed glasses and a face full of wretched smiles makes people disgusted at first glance.

Sonny has never been more disgusted by just seeing one face than he is today.

He always thought that he was not a person to judge people by their appearance.

But all of this was broken by the wretched young man on TV.

Damn Boulder Capital, **** Lee Cannon.

You are blatantly challenging the whole of Thailand.

"Boom..."

Sonny clenched his fists hard.

After taking a deep breath, he picked up the phone and made a call.

The phone was quickly connected, and Sonny suppressed his anger.

"I'm Sonny and I want to meet Prime Minister Chavalit."

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