Rebirth of the Capital Legend

"That's unlikely!" Humphrey said. "In this round of 'British referendum black swan' incident, although Mr. Su bet on the outcome of the event correctly and made billions of dollars in profits from the pound exchange rate trading market, it does not mean that Huayi Capital, or Mr. Su, has the ability to dominate the market, nor does it mean that this institution has the ability to make forward-looking analyses in sudden core financial events."

"That's because you haven't met Mr. Su, and you don't really understand the past of Huayi Capital." Frederick laughed, "If you had met Mr. Su and really understood the past of Huayi Capital, you might not have said that."

"Really?" Humphrey did not comment. "From past history, it seems that except for this time, Chinese-funded institutions have never taken advantage of the international financial market. In the eyes of many institutions on Wall Street, and also in the eyes of other capital institutions in many countries in the global financial field, Chinese-funded institutions are basically equivalent to fat sheep in the financial market.

Although you mentioned that this time the "British referendum black swan" event was the reason why you dared to short the pound exchange rate on a large scale.

It was influenced by the analytical views of Mr. Su from Huayi Capital.

It was he who reminded you that the intensified conflicts among various parties within the UK and the current situation of the EU system being plagued by problems will inevitably lead to the "Brexit referendum" getting out of control.

But I still think it was a stroke of luck.”

"This can't be luck." Frederick said, "Do you know Mr. Su from Huayi Capital? His performance before this "Black Swan of the British Pound Exchange Rate" incident?"

"I'd like to hear more about that," said Humphrey.

Frederick smiled and responded, "Before this 'Black Swan of the British Pound Exchange Rate' incident, Mr. Su from 'Hua Yi Capital' originally focused on the stock trading market in China. I have previously collected Mr. Su's personal information and trading experience in detail.

It has been less than a year since this man really started to make a name for himself in China's financial circle.

A year ago, when the bull market of the A-share market in China collapsed, Mr. Su used all his capital to short his own country's stock market, holding a huge number of short orders for stock index futures, and accumulated his first pot of gold. After that... he made more than 10 times the investment income in half a year by bottom-fishing after the stock market crash.

Only after accumulating sufficient capital did he establish the institution "Huayi Capital".

Based on Mr. Su's personal trading experience and investment performance, he has been able to get to where he is today by accumulating such a huge amount of funds through speculative operations at critical moments time and time again, becoming the youngest billionaire in the global field.

It's definitely not something that can be explained by what you call good luck.

What's more, before the 'British Referendum' event, that is, when the 'British Referendum Resolution' had just been passed by the British Cabinet.

I have discussed with Mr. Su my thoughts on this matter, as well as his views on the global economy and financial markets.

It is obvious that this person has a wealth of insights and knowledge.

We also have many unique insights into the future global economic trends and the cyclical context of various industries.

I believe that every time a major event in the financial market occurs, the seemingly gamble-like speculative operations made by Mr. Su are all carefully analyzed and fully demonstrated by him and his team at Huayi Capital before making the final investment and speculation decisions.

After that period of understanding.

I can say with certainty that Mr. Su is completely different from the fund managers or speculators in Chinese institutions that you and I have met or known before.

And if you think that Mr. Su's current success and wealth are purely due to luck.

Then, if we meet him in the financial market in the future, we will definitely suffer a great loss."

"If you put it that way..." Humphrey thought for a moment and responded, "This man's operating style, or speculative thinking, seems to be a bit like our former Wall Street celebrity, Livermore."

Frederick pondered for a moment and responded, "It is true that they are somewhat similar, but this person's operating style and grasp of risk control are obviously more mature than Livermore's."

"Really?" Humphrey smiled and said, "It's rare to see you praise someone like that."

Frederick said: "It is indeed difficult to meet talents like Mr. Su. As you said... this person's acquisition of FXCM International is most likely a preparation for subsequent larger foreign exchange trading actions. However, this person seems to be an event-driven trader. He seems to be very sensitive to major events that can affect the financial market and can easily capture such opportunities."

"So what do you think... which direction will the other party choose as the main battlefield for its next foreign exchange trading action?" Humphrey said, "Japanese yen, euro? Or spot gold?"

Frederick smiled and said, "It is foreseeable that the follow-up will have a significant impact on the global financial market, and will bring about violent fluctuations in the financial market, facilitating a fight between long and short positions in the market, and will be able to grab very lucrative excess returns from the financial market in a short period of time. What do you think it will be?"

Humphrey saw the smile in Frederick's eyes and knew that he already had the answer in his heart.

"You mean..." Noticing Frederick's change of expression, Humphrey was stunned for a moment, then he thought of the answer and responded, "Our national election in November?"

After pondering for a while, he could think of this as the biggest core event in the next few months.

Frederick nodded slightly and said, "Your guess is the same as the answer in my mind."

"This is indeed a good gaming opportunity," Humphrey said. "In every election year, the financial market will experience huge fluctuations during the voting period, but I estimate that this year's election will not have a significant impact on the global financial market."

"Why do you say that?" Frederick asked.

Humphrey responded: "At present, the expectations of the various institutions on Wall Street for the election are basically consistent. The final election results should not be surprising. Without surprises, there will be no expectation gaps. Without expectation gaps, there will naturally be no overly drastic market fluctuations."

"There are still more than three months to the general election in November," said Frederick. "How do you know that there will be no surprises in the election? Do you remember the expectations of most global institutions for the referendum results before the black swan event of the UK referendum occurred?

I remember that on Wall Street, more than 95% of the institutions were involved at that time.

Everyone thinks that the 'British referendum' is just a political show, and there is no other result except continuing to stay in the EU, right?

But what about the final result?

How many institutions were slapped in the face by the final results? How many investment and speculative institutions that were long suffered losses in this round of black swan events?

So, don't say things like the outcome is predetermined.

None of us has the ability to predict the future. For the future that has not happened, it is always just speculation, and we cannot be sure how events will ultimately develop.

And, hearing you say that...

On the contrary, I think the general election in November is very likely to be another black swan event similar to the Brexit referendum. "

"That's basically impossible," Humphrey said. "Polls show that among the candidates, Ms. Hinaly of the Democratic Party has already taken a comprehensive lead."

"Having experienced the 'UK referendum black swan' incident, I won't believe in the so-called polls until the last minute." Frederick responded, paused, and then said, "Okay, let's not talk about the election anymore. Let's get back to the point. I heard that your 'Blackstone Group' has recently added a lot of short positions in gold spot. Are you firmly bearish on the continued depreciation of gold in the future?"

"It is no longer the era of the gold standard," Humphrey said. "Although there are many problems in the global economy, overall, the global economy is still on a recovery trend this year and next year, and although the Fed postponed the pace of raising interest rates in the first half of the year, it will eventually raise interest rates.

Once the US dollar enters the interest rate hike channel and the global economy continues to recover.

Then, the safe-haven property of gold will naturally be reduced.”

"Global economic recovery?" Frederick said, "I don't think so. After the 'UK referendum black swan' event, the EU economy has obviously gone wrong. There are a lot of debt problems that need to be solved. The entire EU economy has no signs of recovery. Instead, it seems to be in a recession and getting deeper and deeper.

Moreover, in our country, the manufacturing industry is relocating, the industrial structure is gradually hollowing out, and there are various internal contradictions. Moreover, after the impact of the subprime mortgage crisis in 08, both the major institutions on Wall Street and the domestic people clearly lack confidence.

As for signs and potential for recovery...

China, Japan, South Korea, and Southeast Asia are indeed becoming more and more vibrant.

However, the vitality of the East Asian economic circle alone cannot drive the recovery of the entire global economy, not to mention that the current conflicts and disputes in Eastern Europe are becoming increasingly fierce.

On the whole...accompanied by the subsequent Fed's interest rate hikes.

Spot gold may be under pressure in terms of price, but we should never be bearish easily.

What’s more, since the gold price peaked in 12, it has been adjusted for 4 years and is already at a relatively low level. From a technical point of view, it is not easy to short sell! ”

"I am not in a position to make investment decisions on gold spot positions," Humphrey thought for a moment and said, "and the fund products that focus on gold spot are not managed by me. Of course... I still believe that the global economy is currently in a gradual recovery stage."

The two argued for a while, but seeing that neither could convince the other, they changed the subject.

And at the same time when the two were arguing.

Su Yi and his group, who were far away in the Cayman Islands, had already packed their luggage and planned to return to Hong Kong the next day.

"Boss Su, the current crisis of the group has been temporarily resolved." Hearing that Su Yi and the negotiation team of Huayi Capital were planning to return to Hong Kong City tomorrow, Stuart, the current CEO of FXCM International, couldn't help but ask Su Yi with a smile, "Do you have any other work arrangements that you need us to carry out?"

Su Yi thought about it and felt that there was nothing that needed to be arranged for the institution in terms of foreign exchange transactions. He could not help but reply: "There is no special work arrangement. You can continue to carry out your next work according to the previous work plan. Of course... If there is anything special and important, just tell me on the phone, or tell me by email or video. For the rest, Mr. Stewart can make his own decision."

He currently does not have an in-depth understanding of the specific business of FXCM International.

Therefore, in order to prevent the business of 'FXCM International' from getting into trouble, he would naturally not be in a hurry to intervene in the specific business or to arrange for people from 'Hua Yi Capital' to enter.

When Stuart heard Su Yi's words, he knew that Su Yi still completely trusted him.

At the same time, the decision-making power of all matters, big or small, of the entire FXCM International Group continued to be given to him.

So, he was stunned for a while, but he was still very grateful in his heart, and said, "Okay, all the senior executives of our 'FXCM International' will definitely not let President Su down."

Now, although "Huayi Capital" has become the actual controlling shareholder of "FXCM International".

However, the core executives of FXCM International still have unsold shares. In other words, they, Huayi Capital and FXCM International are still in the same boat and belong to the same community of interests. If FXCM International develops smoothly, they will naturally be able to obtain greater benefits through their shares.

What's more, the company 'FXCM International'.

It was originally founded by Stuart and other core shareholders, and everyone has devoted more than 20 years of hard work to it. Now that Huayi Capital, headed by President Su, has taken over and wants to continue to use them to manage the company, they will naturally not give up and naturally hope that the company can continue to create greater glory.

"I believe in you all." Before leaving, Su Yi looked at the shareholders of FXCM International who were bidding him farewell and said with a smile, "I also believe that if we all come together, we can create a better tomorrow."

After saying that, Su Yi waved to the shareholders of FXCM International who came to see him off.

Together with the team members of Huayi Capital, he boarded the return flight to Hong Kong City.

The acquisition of FXCM International took a total of half a month, which was much smoother than they had expected when they came.

Friday, January 7th.

After Su Yi returned to Gangcheng, he convened an internal meeting with all middle and senior management members of 'Huayi Capital Gangcheng Branch'.

The subsequent work content has been determined.

At the same time, arrangements have also been made for the subsequent investment in the main hedge fund product "Hua Yi Cheng Yuan No. 1".