Reborn Financial Overlord
Page 409
"Where are you going? Lunch will be ready soon."
"Jesus. Look at the TV. Those damn international speculators are attacking our country. It's an act of aggression. I have to do something."
"This is something that big shots should worry about. What can you do?"
"Having long hair but short knowledge, this is what every British person should do, just like we were once invaded by the Germans, now, those international speculators want to rob our wealth again, we must resist."
"But what can you do?"
"I want to change back the mark we changed before. The warriors of the British Empire will never admit defeat."
"God. You've promised me a trip to Holland this month, and damn it, you can't."
"Do you understand what that means? I have to."
"..."
Cursing angrily, Alexander Leather picked up the bank card and rode a motorcycle to the bank in the town.
"Sir. Is there anything I can do for you?"
"Oh. Well, I want to exchange some marks for pounds."
"..."
Liverpool, Bootle.
A sloppy-looking middle-aged man in his 40s walked into the bank angrily with a handful of Deutsche marks amidst his wife's quarrel and insults.
It is unforgivable that the bloody bastard dared to plunder Great Britain.
"Hey. Change all my money into pounds."
"..."
"Son, can we go to Hawaii next time?"
"Dad. How can you count your words? You have promised me."
"Listen, kid. Our country's financial system is being invaded. Those damn bastards want to plunder our wealth. We can't exchange money for foreign exchange at this time. That's helping the enemy."
"..."
......
......
The bottom of society in any country in the world has one thing in common.
Most of the people who are righteous are butchers of dogs.
As many public figures expressed their opinions and support for the British pound on TV programs, in the name of righteousness, I don’t know how many British people walked into the bank and bought the foreign exchange in their hands into British pounds, and I don’t know how many people are planning to travel abroad of families chose to stop exchanging currency.
There are workers in general industrial factories, white-collar workers in urban buildings, and some skilled workers working in other countries.
The power of a drop of water may not be strong enough, but when it gathers together, it will be the power of a big river.
Probably due to the rhetoric of many high-ranking people, or the sudden surge in the number of people buying pounds, the price of the pound, which the Bank of England was unable to raise, suddenly rose and rebounded by [-]%.
London financial district, Halifax Bank.
Lion Industries President Mike Calomey was wearing a high-quality suit, sitting in the VIP reception room of the bank, holding a cup of coffee in his hand, with a smile on his face, and his face was not at all impassioned when he was on TV programs.
He looked at the trend of the central exchange rate provided by the bank, rubbing the coffee cup in his hand, with a smile on his face.
Next to Karonmei, a female bank employee in a professional suit smiled and chatted with him about some unnutritious topics.The two of you said something to each other. Although the topic of the conversation was meaningless, it seemed that the host and guest still had a good time.
As for the bank, the customer is always king.
Giants like Li'an Industries will receive special treatment wherever they go. Who would dare not give a little special service to a single business worth hundreds of millions of dollars.
Soon, Mike Calome's exclusive account manager came over with a document.
"Sir. It's done."
With that said, the account manager handed the document to Karonmei.
A certificate of foreign exchange transactions, worth [-] million US dollars.However, this is a proof of a position of selling [-] million U.S. dollars in British pounds, which is quite different from what Caron May said on TV to buy sterling.
After receiving the sales order and looking at the price above, the smile on Calomie's face became even more intense. If the pound hadn't rebounded by [-]% during this period, how could he have sold at such a good price? .
After collecting the documents, Kalongmei stood up and showed a gentlemanly smile to the reception lady who had been with him for a long time.
"Miss Kelly, thank you very much for your help. I wonder if I can invite you to have lunch together."
"Oh. It's such an honor."
"Please!"
"..."
There is a classic line in Let the Bullets Fly.
When the county magistrate takes office, he needs to set up a name and set up taxes and donations.But the money has to be paid by the gentry first, and then the common people can be led to donate money.The gentry donated, and the common people followed suit.After the money is received, the gentry's money will be returned in full, and the common people's money will be divided.
Looking at the impassioned performances of economic experts, bankers and financial giants on TV, Shen Jiannan raised his beautiful eyebrows.
"Boss. Are we going to short the Hong Kong dollar?"
Chapter 1 Causality
The earth is big, but the global village is small.
The high-speed transmission of the Internet makes the whole world seem to be connected together.
Rather, there is a relationship of interdependence and mutual influence between the financial market and the operation of the economy.
The British did not ask the French to borrow money at this time. Apart from the fact that the relationship between Britain and France has not been so good, there is another very important reason. The French dare not lend money to the UK.
Because the price of the British pound is calculated according to the exchange rate of a basket of currencies, when you buy the British pound, you pay for foreign exchange, which includes German marks, French francs, U.S. dollars, etc. The lira and Spain purchased pesetas, and all the foreign currencies that were originally reserved by various countries were circulated on the market.
It has caused an unprecedented seesaw effect. How can France dare to lend money to the United Kingdom.
If they dare to borrow money, the franc will face the risk of depreciation due to the surge in circulation in the market.
Hong Kong is now facing similar problems with minor differences.
Although the Hong Kong dollar is a token of the U.S. dollar, shorting the Hong Kong dollar is equivalent to shorting the U.S. dollar, but this prerequisite is based on the issuance of Hong Kong dollars and the payment of equivalent U.S. dollars. Now the Administration of Foreign Exchange buys British pounds in the Asian market, which makes the foreign exchange reserves of the Hong Kong government At the same time, the reduction has caused the expansion of the Hong Kong dollar circulation. This kind of seesaw Hong Kong dollar is facing the risk of depreciation just like the major European currencies.
And, especially.
After all, the Hong Kong dollar is not a sovereign reputation. The value of the Hong Kong dollar is completely measured against the U.S. dollar standard. If a large number of U.S. dollars are lost, the depreciation is a matter of course.
Shen Jiannan turned around, looked at Yu Zheng who had an honest face, and a strange look flashed across his eyes.
When he brought Yu Zheng from school to the company, he was actually not optimistic about Yu Zheng. This guy had been in high school for six years and only graduated from university when he was almost 30 years old. The students set an ideological role model, so that they can attract more people when they go back.
But in the past year or so, Yu Zheng's progress has been unimaginable, and the essence of many things can be seen directly.
Just like when it comes to establishing a short position in the Hong Kong dollar, even those old guys from London University, Harvard University or Stanford Business School who have been immersed in the economic field for many years may not be able to figure out what the relationship between the economic crisis in Europe and Hong Kong in Asia is.
But now...it's still a little too tender.
After taking out a cigarette and lighting it, Shen Jiannan put his legs up on the table, posing as a teacher.Yu Zheng looked silly, but he wasn't silly at all. Ma Liu picked up the ashtray and approached him, smiling silly, ready to listen to the instruction.
"The formation of a short position in the Hong Kong dollar is inevitable."
"Capital is chasing profits. Think about it, given the current environment in Europe, where will capital retreat?"
"Just like the actors on TV, I bet many of them are ready to transfer their assets to other regions."
"..."
A gleam of understanding flashed in Yu Zheng's eyes.
Capital is in pursuit of profit, just like Finland, Italy and Spain, if it is not for the large-scale capital outflow, let alone the first capital, even a hundred first capitals will not be able to collapse the currencies of these countries.
But these capitals just flow out instead of evaporating out of thin air. When they leave Europe, they need to choose other carriers.
From the perspective of the whole world, there are not many carriers for these capital outflows to choose.
The stability of profits requires a stable political structure. The continuous war in the African continent and the lazy and aggressive nature of black people can be ruled out. The entire European economy is in turmoil, and the crisis can be seen by anyone, so it can be ruled out; then only the US market And the Asian market is the right carrier.
But the Japanese market is going down, and the Ministry of Finance's comprehensive restrictions on real estate have almost locked up the space for the securities market and the real estate market. The choice of capital in the Asian market is too limited.
"Why, are you feeling uncomfortable?"
To hell with being comfortable.
How did Hong Kong's economy develop? Yu Zheng still doesn't understand. It is completely relying on the unlimited potential of the mainland market to control the port. But now, the British don't care about it and wantonly buy pounds. It is simply naked destroy.
Don't those British people know that this will cause Hong Kong's economy to face a big crisis?
I know for sure.
Still don't know that if the Hong Kong dollar is attacked, Hong Kong's finance and economy will even collapse?
How could not know.
But those bastards don't care about it at all.
Facing Shen Jiannan's ridicule, Yu Zheng nodded with a face full of resentment. In front of this teacher, he had nothing to hide.
"You have to endure the discomfort. You are British, so you will do the same."
"I'm just disgusted. They talk about human rights, democracy and freedom, but they do a lot of human affairs. Teacher, you said that we let the news out, and then took the opportunity to build a position. Can you cheat the British guys? If they continue to play like this, Hong Kong will be ruined sooner or later, why don't we make a fortune and let Hong Kong people see their faces."
"Do you have evidence?"
"There is no news from Hong Kong."
"Shady methods cannot be used as evidence. We have no way of proving how much money the SAFE has invested in the market. We can only smash our teeth and swallow it."
"Moreover, although the operation of the British has touched the fundamentals of the Hong Kong dollar, as long as it is done well, the risk of the Hong Kong dollar can be suppressed for a few more years."
"..."
All of a sudden, Yu Zheng understood what Shen Jiannan meant.
According to the summary of the intelligence agencies, during this period, capital inflows into the Asian market were mainly concentrated in five regions. Apart from Thailand, Malaysia, the Philippines and Indonesia, Hong Kong was the place with the largest inflow of capital.
Just like the human body, with huge capital liquidity, all acne diseases will not break out at all for a while, and the huge liquidity can completely cover up the loss of the Hong Kong government on the pound.
"Doesn't that mean we're helping the Brits now?"
"..."
Shen Jiannan was almost choked to death by Yu Zheng's guy. If it was on the original track, this matter had nothing to do with him, but looking at it now, it doesn't make sense.
Capital One cooperated with the United States to drive European capital out of Europe, and these capitals were forced to flow into Southeast Asia and Hong Kong, which perfectly changed the consumption of foreign exchange by the Hong Kong Administration of Foreign Exchange.
Nima...what is this called.
Shen Jiannan was completely defeated by his own logic, and in a fit of anger, he kicked Yu's right leg mercilessly.
"It's just you who talk too much. Go tell William, let him continue to add space for me, and don't eat until the Bank of England is destroyed before nine o'clock."
"hey-hey......"
1 chapters 666666666 £, sold.
Bank of England Markets and Trading Department.
Robin Leigh Pemberton stood in front of the Reuters screen with a pale face, his tie crooked, his face pale, and his spirits were sluggish, as if someone was holding a gun to his head and trying to rob him.
2.7869
six hours.
In just six hours since the opening of the market in the morning, the pound has plummeted by 15.00%, only [-] basis points away from the lower track of the European exchange rate mechanism.
Then...
The market is intertwined.
Spot foreign exchange selling in the spot market is gone.
The dense short-selling contracts in the forward market are also gone.
The extremely active pound suddenly became very deserted, so deserted that the previous plunge seemed to be a dream. If it weren't for the two super huge red candlesticks, some people might really think that the previous violent selling was illusory.
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