"Boss, are we really going to attack Hong Kong first? I think we should attack South Korea, Japan, or even Taiwan now. Hong Kong is prepared, and both sides might suffer heavy losses. "Drucken Miller said worryingly.
"What about the rest of you? Do you all think so too?" Soros looks at the rest.
"I am more inclined to attack Japan. Many securities and finance companies in Japan had gone bankrupt, and it will be easy for the stock market to crash again. Also, Yen had been rising these few years, and it is a hidden danger. I think it should not be a problem to suppress it to 150: 1. "
"I think we should attack South Korea first. South Korea's foreign reserves are lesser than Japan, and we can win easily. Now, we are no longer close to Feng, and we might not have enough funds to attack Japan. It will be more risky to attack South Korea. "
"I also think it should be South Korea, and I am against attacking Hong Kong now. There are many tycoons in Hong Kong, and it is one of the financial centers in Asia. Hong Kong's economy is much bigger than many countries, and it will be risky to attack Hong Kong. Also, don't forget about Feng. He is not only an expert in the financial markets, but he also has lots of funds."
None of the four fund managers support Soros, and three of them are leaning towards attacking South Korea. This made Soros hesitate.
But Soros will not be satisfied if he does not attack Hong Kong. He knows he cannot make profits from the Forex market. HKD is using the linked exchange rate system and is linked to USD. Also, Hong Kong's foreign reserves are very high, and there are many tycoons in Hong Kong. Soros does not have enough funds to use HKD's Forex Swaps to make profits.
"I had never said that we will make profits from the Forex market. Do you all think we can break into Hong Kong's stock market?" Soros asked.
Make profits from the stock market? The four fund managers looked at each other and went into deep thoughts.
… …
"Uncle Fu, after the settlement, prepare funds to stabilize Hong Kong's financial market."
"General Manager Feng, I have been in the financial industry for many years, and I can't tell HKD will fall. Unless they can make USD fall, but if they do that, their money will disappear, and HKD will not be in danger. "Fu Rongqu raised his brows and said.
Fu Rongqi gave his second brother a stare. "You only know this, and you still dare to ask? Didn't you notice Soros's strategy is to take advantage of the situation? His use of leverage was superb. With a small amount of funds, he could do things that a large amount of funds couldn't do. Moreover, he's targeting interest rates, stocks, and foreign exchange. As long as he can make a lot of profits from any one of them, he can make money! "
How dare you say that you have been in the financial industry for so many years with your little financial investment experience? You actually have the nerve to compare yourself to Feng Yu, and even use a lecturing tone!
Fu Guangzheng asked. "Uncle, you are saying that Soros does not want to make profits from the Forex market? But through foreign exchange, interest rates will rise and stocks will fall at the same time? Are they planning to profit from the stock index? "
Fu Rongqi was impressed by his nephew. He did not expect his nephew to be so knowledgeable. But he thought for a while. Maybe Fu Guangzheng had heard this from Feng Yu or Professor Liang.
"It's good that you can think of this. The only thing I can think of is to make profits from the stock index. Furthermore, if the leverage is used well, the profits will not be low. If he succeeds, he will take away a large sum of Hong Kong's money. This is our accumulated wealth over the years. "
"How much money does Soros have? Hong Kong has so many foreign reserves, and we don't need to be so anxious. Didn't Superman Li promise to stabilize the stock market? Isn't it enough with his help? "Fu Rongqu asked.
"How much cash do you think Superman Li can take out? Do you think Soros only has his Quantum Fund? Let me ask you this. If Wind & Rain Consulting says they will give you 10% of their annual returns, and they will only take 10% as commission, will you be willing to invest with them? "
Fu Rongqu kept quiet. If Wind & Rain Consulting gave him such a promise, then he will surely invest. Wind & Rain Consulting? Since when did they get such low commission? They had always been the highest commission investment firm in Hong Kong.
That means Soros's funds will not only be a few billion USD. If he used all his funds to attack Hong Kong, he might be able to push down the stock index!
"Second Uncle Fu, what we need to focus on now is the Hang Seng index's component shares and blue chips. If they dare to short HKD, we will acquire them and pull up the stock index."
"But we will not make any profits if we do this. We might even suffer losses." Fu Rongqu replied.
Feng Yu kept quiet. That's right. Both sides will suffer losses if they do this. Feng Yu has no reason to force others to do this with him. He looks at Fu Rongqi and wonders if Fu Rongqu had said this on purpose.
"Not necessarily. If we do this well, we might not suffer losses. Also, we only need to show Soros that he will not dare to provoke us. We don't need to fight him to the death. "
Fu Rongqi also does not want to go against Soros. It's not that he is not confident, but both sides will suffer losses in the end. The Fu Family's assets had grown, and Fu Rongqi does not want to suffer losses again.
If Fu Rongqi can continue to make profits from South Korea, Japan, and other markets, then the Fu Family might overtake Superman Li's family. He, Fu Rongqi, will return to his position as Hong Kong's Second Richest Man and can challenge Superman Li!
Feng Yu nodded. That's right. If they do this well, they might not suffer losses, but they can make Soros suffer losses. This way, he will not have to worry about Hong Kong in the future.
Of course, Feng Yu and his men have other benefits. Their companies had defeated Quantum Fund, and in the future, more people will invest in their companies, and their profits will increase.
… …
Early October. Feng Yu had settled all his contracts in the Forex market, and Feng Yu purposely asked Soros which country or region to attack.
Soros told Feng Yu that he felt Taiwan is a good choice.
Feng Yu cursed in his heart. This is bullshit! The last time, he had used Taiwan to trick Feng Yu, and now he is doing it again?
Taiwan is the same as Hong Kong. It's hard to break into their Forex market, especially now. Taiwan's foreign reserves are equivalent to Singapore, Malaysia, Thailand, and other countries combined. They also have a large amount of gold reserves.
But Soros still has other tricks up his sleeves. For example, he can make use of the media to spread fake news to scare those Taiwanese investors away. This will be enough to hold Taiwan back.
Can Taiwan save the market? Actually, there is no problem. But at this time, Taiwan's Central Bank announced that they will stop supporting TWD. This is because they believe that even if TWD were to crash, it will not fall by a lot and will not affect Taiwan's economy.
This time, Soros seized the opportunity!
… …
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