Chapter 429 Not Worthy of Pity

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As Zhou Hao had predicted, the South Korean stock market plummeted in mid-November, even in that kind of plunge.

However, what Zhou Hao said is quite right. Korean investors have always had blind confidence in their own country, and they did not let go of their stocks when the stock market plummeted.

And those who held stock index futures contracts did not close their positions, and Zhou Hao, who was short-selling a lot, sucked away their money continuously.

While the stock market plummeted, South Korea's foreign exchange market finally brought out all hidden dangers due to the financial turmoil due to its irrational economic structure.

On November 17, the exchange rate of the South Korean won to the US dollar fell to a record 1008 to 1. The South Korean government had to ask the International Monetary Fund for help, and the crisis was temporarily controlled.

Many people think that South Korea's currency crisis is under control, or at least it won't get worse. Korean stockholders also firmly believe that the country will recover and maintain its reputation as the leader of the four Asian tigers.

However, under the expectation of everyone, on December 13th, the Korean won completely collapsed, and the exchange rate against the US dollar plummeted to 1737.60 to 1, which was in line with the history in Zhou Hao's memory.

Just when the Korean won exchange rate fell to the lowest point in history, Zhou Hao returned all the Korean won he had borrowed from the Bank of Korea.

Of course, the Korean won has depreciated by half compared to when Zhou Hao borrowed the loan.

At that time, Zhou Hao's loan from the Bank of Korea was about 8 billion Hong Kong dollars, or one billion U.S. dollars, which would be more than 800 billion in Korean won.

But now, the Korean won has depreciated by half. The 800 billion Korean won, which was originally worth one billion US dollars, is now only worth 500 million US dollars, which means that Zhou Hao only needs to repay 500 million US dollars.

In this action against South Korea, Zhou Hao made a profit of nearly one billion dollars in the foreign exchange market alone, and Zhou Hao also made a profit of one billion dollars in the South Korean stock market.

At the beginning, Zhou Hao invested more than 12 billion Hong Kong dollars in South Korea, but now he has gained nearly 20 billion Hong Kong dollars. If it is made public, it will definitely cause shocks in the entire financial world.

However, Zhou Hao knew that after the Asian financial turmoil, although George Soros became more famous, he also found the hatred of almost the entire Asia. Some warlords in Thailand even dispatched secret troops to assassinate him.

Many mafias that suffered heavy losses in this financial turmoil also dispatched killers.

Had it not been for the protection of the United States, George Soros would have died long ago.

Although Zhou Hao looked down on Korea from the bottom of his heart, rabbits would bite people when they were cornered. If the Koreans knew that he had played a role in fueling their economic crisis, it was really uncertain what they would do. Come.

The office on one of the floors of Hong Kong Landmark is the temporary headquarters of "Galaxy Investment Company".

No one, including the owner of the Landmark, would have thought that such a "Galaxy Investment Company" in this office would have generated more than 10 billion US dollars in profits within a year.

Previously, because "Galaxy Investment Company" did not serve the outside world, nor did it attract investment clients, the staff inside were busy operating computers every day.

The property management office of Landmark saw such an investment company, but it didn't do investment business. They thought it was a money laundering criminal group, and even reported it to the police.

Later, it was Zeng Yingpei who helped "Xinghe" to clarify, and did not make this matter public.

Therefore, until now, ordinary citizens in Hong Kong and people in the financial industry have no idea that there is an investment company that is famous all over the world.

At this time, in the office of "Galaxy Investment Company", Song Jiahao, Willie Wentz and many other employees were celebrating with each other. The air was filled with the strong smell of champagne, and there were some colored papers for celebration.

"Come on, let's toast to the success of this 'Korea Raiders'!" Song Jiahao raised the champagne in his hands high.

"Cheers!" Willie Wentz and many employees also raised their glasses.

Song Jiahao smiled at everyone: "The boss said that the success of this operation depends on everyone's joint efforts, so he decided to use 30 million US dollars from the proceeds of this operation as a bonus for our work!"

"yeah--!"

Hearing this news, all the employees present, male and female, screamed excitedly. Because there are a total of 60 employees in the company, if they are distributed equally, each person can get a bonus of almost half a million dollars.

Not only that, they also invested their own money in South Korea following the pace of the company before, and now they have gained two or three times the profit after closing the palace.

Although they are just ordinary employees in "Galaxy Investment Company", their current net worth is richer than the executives of those big companies in Hong Kong.

Especially Song Jiahao and Willie Worth, whose net worth probably already exceeded tens of millions of dollars.

Therefore, they are now determined to follow "Xinghe" and Zhou Hao.

"Where's the boss, is he still in mainland China?" A British female employee asked in her inexperienced Chinese.

Zhou Hao's operation team included many financial elites of different nationalities, and due to Zhou Hao's outstanding talent over the past year, his predictions on the stock market were extremely accurate. They didn't know and didn't believe in the fact of rebirth, so they believed that Zhou Hao guessed the direction of the stock market through precise analysis.

They are elites in this field, so they naturally know how complicated and difficult it is to speculate on the direction of the stock market.

It takes a lot of information and data to calculate, and it can only be obtained after repeated scrutiny.

And Zhou Hao is still just a boy under twenty years old. It is such a boy who has completed such a large amount of analysis work. Apart from being a genius, his hard work is also admirable. Therefore, no one in the company underestimated Zhou Hao because of his age, on the contrary they were full of admiration for him.

They all wondered what kind of culture is capable of cultivating such geniuses. So their admiration for Zhou Hao also aroused their curiosity and admiration for Chinese culture. Later, many people began to learn Chinese and Chinese culture.

Song Jiahao smiled at the female employee: "Yeah, the boss still has things to do in China, so he won't come here.

However, in order to reward everyone, he has asked me to book a room in the clubhouse of the Peninsula Hotel. Let’s enjoy tonight, and all expenses will be reimbursed by the company. "

Everyone burst into cheers when they heard the words, and an American male employee said: "Speaking of which, the boss is really the most powerful financial genius I have ever seen.

I used to work in George Soros's Quantum Fund, but even the wily and calculating George couldn't predict the stock market as accurately as his boss.

You know, in order to gather pounds, George had all the analysts in the company work day and night for more than two months before he basically figured out the financial situation in the UK. That was the top analyst that George recruited from all over the world. what.

However, it is incredible that the boss can do it alone. "

"That's right, the boss is stronger than any speculator I've ever seen." Standing in front of the floor-to-ceiling window, Willie Wentz took a sip from his glass, "Even Zhu, who is called the 'tiger' of the financial world, Lian Robertson, I'm afraid he can't compare."

Willie Wentz is a German man in his thirties, and although he has pure German blood, his nationality is American. Willie Wentz was recruited by Zhao Yuqin through a foreign headhunting company when he established the "Galaxy Investment Company" for Zhou Hao.

According to that well-known international headhunting company, Willie Wentz is a rising star on Wall Street in New York.

And Willie Wentz's ability in finance is just like what the headhunting company said, he and Song Jiahao are the two best traders in "Galaxy".

But unlike Song Jiahao, Willie Worth is still single now, and he is very handsome, so he is the most popular diamond king in the company besides Zhou Hao.

"By the way, have you watched the local news in South Korea?" Suddenly, a French female employee said: "Many people who lost their fortunes in the stock market committed suicide by jumping off buildings, including some executives of large companies.

Although we are not the main cause of this financial turmoil, we have also played a role in fueling the flames. I always feel a little uneasy. "

But he heard Willie Worth sneer, lightly

He said calmly: "I advise you to put away your useless compassion. In terms of financial operations, there is no morality or immorality. This is just an operation. The financial market does not belong to the category of morality. , morality does not exist here at all, because the financial market has its own rules of the game."

He looked at many employees in the company: "We are participants in the financial market, we will play this game according to the established rules, and we will not violate these rules, so we don't need to feel guilty or responsible.

In terms of this financial turmoil, even if we do nothing, it will still happen. "

If Zhou Hao was present, he would definitely be extremely surprised, because what Willie Wens said was exactly the same as what George Soros said to the media after the Asian financial turmoil in his previous life.

I heard Willie Wentz say again: "Besides, as the boss said, if those Koreans were not because of their ridiculous so-called national self-confidence, if they were not clinging to the stocks in their hands, how could they have ended up like this.

In the words of the boss, that is, those Korean sticks are not worthy of pity at all! "

(end of this chapter)

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