Many people were walking around the office, and some were shouting and talking to each other. Feng Yu is sitting in front of his PC, and there is a stack of economic newspapers on his desk.
In the noisy office, there is one person who did not move, and that is Kirilenko. He is holding a magazine in his hands and studying. Yes. Hong Kong's most popular magazine, < Dragon, Tiger, Leopard >, anniversary edition, is from Fu Guangwei.
An email arrived, and Feng Yu read it carefully.
Oh, Thailand's foreign banks had started to dump Baht and buy USD. This is a heavy blow, and the Thai Government is caught off guard.
At this time, Soros and his men continue to dump Baht and buy USD, and Feng Yu should also be doing the same. This way, Baht's value will fall faster.
But Feng Yu did not do anything at this time, and it's as if he did not buy a large amount of Thai Baht contracts.
Now, only Soros and his men are dumping Baht. Luckily, some Thai companies also started to panic and started to dump Baht and buy USD.
Thailand's local banks can't hold on any longer and start to dump Baht to buy USD. Thailand's financial situation worsened.
The share prices continued to fall, and no one can stop it. Thai Baht also started to depreciate faster. Although the price did not plummet, it is still falling.
"Boss, are we not continuing to dump Thai Baht?" He Zhaoji asked.
Feng Yu leaned back in his chair and wagged his finger. "Get ready. Once Thai Baht's exchange rate reaches 27: 1, we will cancel a portion of our contracts."
"If we cancel our contracts now, we will not be making much money."
"When Baht's value falls back, we will lose all our investments. You can count how much we've already lost. It should be more than two hundred million, right? "
Even with the short futures, Feng Yu and Kirilenko had lost a lot of money. If they dump Thai Baht now, their losses will be higher.
If they cancel a portion of their contracts now, when Thai Baht's exchange rate recovers, they can set up a large number of future contracts. They can also cancel all their contracts temporarily, but they cannot make any decisions now.
"Yes, Boss. I understand." He Zhaoji turned to instruct his brokers to monitor Thai Baht's exchange rate closely. Once it reaches the threshold, they will cancel their contracts immediately.
… …
"Miller, how much has Thai Baht's exchange rate fallen?" Soros is holding a cigar in his right hand and a cup of coffee in his left hand.
"It has fallen to 26.7: 1." Drucken Miller replied.
"What? It has fallen by so little? " Soros frowned. Something is not right. His Quantum Fund had sold so many Thai Baht, and Feng Yu had also borrowed a lot of Thai Baht. If he sells all the Thai Baht now, the ratio should be more than 27: 1.
Feng Feng 'information is not enough, and Thailand's banks and of other companies are not pan.
Feng and other people in Thai banks are not doing. They are the ones who started to dump Thai Baht and buy USD. With the first bank taking the lead, their fake news would be even more believable.
Now, Thai Baht is increasing, and the demand for USD is increasing. Large amounts of funds are flowing out of the country, and Thai Baht is depreciating.
But Soros does not have enough funds in Thailand. He had used a large amount of funds to set up contracts in the Philippines, Indonesia, Malaysia, Singapore, etc.
Soros felt these countries' economies are closely related, and if Thailand is destroyed, it will cause a chain reaction. Those countries' financial markets will be in chaos, and Soros can sweep Southeast Asia!
Soros and Soros had also started to set up contracts in South Korea, Taiwan, Hong Kong, etc. They are very greedy, and since they had started, they must return with rewards.
Soros had promised Feng Yu not to attack Hong Kong, but he had only promised Quantum Fund not to attack Hong Kong. There are still other funds attacking Hong Kong, but they are all controlled by Soros.
Soros had promised Feng Yu not to attack Hong Kong, but he had only promised Quantum Fund not to attack Hong Kong. There are still other funds attacking Hong Kong, but they are all controlled by Soros.
"Boss, there is one more thing. That Feng had stopped dumping Thai Baht and had canceled some of their stock index futures contracts to stop their losses."
Soros was shocked. Why are they canceling their contracts so early? If they cancel their contracts now, they will not make any profits and might even suffer losses. Is Feng Yu stupid?
"Can you find out how much they had canceled?" Soros asked.
"Based on our estimations, they had canceled at least half of their contracts!"
More than half? How can it be so much? Is Feng Yu going to withdraw? Impossible. Soros had spoken to Feng Yu, and Feng Yu firmly believes they can win. If they withdraw now, they might not even get back their investments. Even if they can get back their investments, they will have wasted the past two months!
Soros immediately called Feng Yu to ask what Feng Yu was thinking. If Feng Yu wants to quit, he should at least inform him beforehand. What he did was too immoral!
But Feng Yu's phone is switched off!
Soros called again, and his phone is switched off!
What's going on? Why is his phone switched off? They had agreed to keep in touch in real time. Soros called Feng Yu's company number, and the reply was that the boss is not around.
Soros thought for a while and found Kirilenko's number in Hong Kong. After finding it, Soros called, and the call got through.
… …
"Feng … Soros is calling." Kirilenko looks at his phone on the table. He doesn't know if he should answer.
"Brother Ki, remember, you are drunk now. No matter what he says, just agree. "Feng Yu said.
"Ah? I agree. If I agree, what should I do? "
"Didn't I say you are drunk and will forget about it?" Feng Yu replied.
Kirilenko: "… …" How can this work?!
"Hello, are you Mr. Kirilenko? I am Mr. Soros's translator. "
"Ah, it's me. What's up? Do you want to have a drink with me? " Kirilenko's Russian is not fluent, and after Kirilenko's pretense, the translator on the other side of the phone can't translate.
"Mr. Kirilenko, Mr. Soros wants to know if you can contact Mr. Feng and ask him to call Mr. Soros back."
"Ok. I will contact him now."
The translator wanted to say something but heard the busy tone. Kirilenko had hung up! The translator can only tell Soros that Kirilenko had drunk too much.
Soros is furious. What's going on? This must be intentional. Those people are unreliable. We had agreed to stay together, and you all had left first. What about the rest of us?
Soros can only hope that this is an accident, and Feng Yu will call him immediately. But Soros did not receive Feng Yu's call until the market closes. He tried calling Feng Yu, but his phone is switched off. Kirilenko's phone is also switched off.
"Feng, are we going to fall out so early?" Kirilenko asked worriedly.
"It's fine. I can find an excuse to get over it." Feng Yu replied casually. At this moment, as long as Kirilenko does not fall out with Soros, he will not fall out with him!
… …
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