Extraordinary Genius

Chapter 938 Soros’ Purpose

"Boss, do we really want to attack Xiangjiang first? I think it is better for us to attack South Korea or the island country at this time, or Baodao is also fine. Xiangjiang is prepared, and we may lose both." Zhuken Miller worried Said.

"How about you guys, do you all mean this?" Soros looked at the others.

"I am more inclined to the island country. There are already many securities companies and financial companies that have gone bankrupt in the island country at this time. It will be very easy for the stock market to fall again. Moreover, the yen has been appreciating in recent years, which itself is a hidden danger. I think it will be suppressed to 150. :1 is not a problem."

"I think we should attack South Korea first. South Korea has less foreign exchange reserves than the island countries, and we are more likely to win. Now that the relationship with Feng is not so close, I think we may not have enough funds to attack the island countries, and the risk will be greater. Attacking South Korea is easy to succeed."

"I also think it should be South Korea, and I am opposed to attacking Xiangjiang now. There are a lot of rich people in Xiangjiang. Xiangjiang is one of the financial center cities in Asia. The economic aggregate of such a small place is higher than that of many countries. Attacking there will be very risky, and don't forget Feng, he is not only a financial master, but also has strong funds."

None of the Four King Kong supported Soros, and three of them were inclined to attack South Korea, which made Soros hesitate.

But he is not reconciled if he does not attack Xiangjiang. In terms of foreign exchange, he knows that he cannot make a profit. The Hong Kong dollar adopts a pegged exchange rate system, which is forcibly pegged to the U.S. dollar. Moreover, Hong Kong’s foreign exchange reserves are very high, and there are so many rich people. The funds controlled by Soros are not enough to make profits through Hong Kong dollar forward foreign exchange swap transactions.

"I never said that the profit this time is in the foreign exchange market. Do you think we can break through Xiangjiang's stock market?" Soros asked in a deep voice.

Purely profiting from the stock market? The Four King Kong looked at each other and fell into deep thought at the same time.

...

"Uncle Fu, after this delivery, prepare funds at any time to stabilize Xiangjiang's financial market."

"Mr. Feng, I have been in finance for so many years. Why didn't I see that the Hong Kong dollar will fall? Unless they can make the U.S. dollar fall too, but in that case, their money will evaporate, and the Hong Kong dollar will not be in any danger." Fu Rongqu raised his eyebrows and said, with an admonishing look on his face.

Fu Rongqi glared at his second brother: "You can only see this, so you are ashamed to speak up? Didn't you notice that when Soros attacked, he was in a three-dimensional speculation mode? His use of leverage was superb, and with a small amount of funds , can do things that large sums of money can’t do. Moreover, he starts from the three fronts of interest rates, stocks and foreign exchange, as long as any one can make a lot of profit, he can make money!”

With your financial investment experience,

Are you embarrassed to say that you have been doing finance for so many years? You are also ashamed to compare with Feng Yu, and you have an advising tone!

Fu Guangzheng said at this time: "Uncle, what do you mean, Soros didn't intend to make profits on foreign exchange at all? Instead, he used foreign exchange to cause interest rates to rise and stocks to fall at the same time? Are they planning to make profits on stock indexes?"

Fu Rongqi couldn't help taking a high look at this nephew, he didn't expect him to have such insight. But he thought about it, maybe this is what Fu Guangzheng heard from Feng Yu or Professor Liang.

"It's great that you can think of this. All I can think of is to make a profit on the stock index, and if the leverage is used well, the profit will definitely not be low. If he succeeds, it will take away a lot of money from our Xiangjiang. But the wealth we have accumulated over the years."

"How much money does Soros have, and Xiangjiang has so much foreign exchange reserves, so we don't have to worry too much, right? Didn't Li Chaoren promise to stabilize the stock market? Isn't it enough to have him take action?" Fu Rongqu asked unconvinced.

"How much cash do you think Li Chaoren can come up with? Do you think that Soros only has his Quantum Fund? Let me ask you, if Fengyu Consulting promises you a guaranteed 10% annual return, he will only take 10% of the commission. Would you like to invest your money in him?"

Fu Rongqu remained silent. If Fengyu Consulting made such a promise, then he would definitely invest. Wind and Rain Consulting, when did the commission come to be so low? Isn't that always the investment company with the highest commission in Xiangjiang?

In other words, the funds that Soros can mobilize are not only tens of billions of dollars. If all of them are mobilized to attack Xiangjiang, it is really possible to suppress the stock index!

"Second Uncle Fu, what we need to pay attention to now is the constituent stocks and blue-chip stocks of the Hang Seng Index. If they dare to sell the Hong Kong dollar short, we will reverse the acquisition of the constituent stocks and blue-chip stocks. We must hold the stock index."

"But if we do this, we won't make any money, and we may even lose money." Fu Rongqu said dissatisfied.

Feng Yu remained silent. That's right, doing so may hurt both sides. Feng Yu has no reason to force others to go crazy with him, he can only look at Fu Rongqi, wondering if Fu Rongqu said that on purpose.

"Not necessarily. If we operate well, we may not necessarily lose money. And we just need to make a gesture so that Soros doesn't dare to provoke us. It's not necessary to fight him to the end."

Fu Rongqi didn't really want to confront Soros either. It wasn't that he didn't have confidence, but that in the end, both parties would definitely suffer. It was not easy for the Fu family's assets to grow a lot, and he didn't want to lose money back.

If he can continue to make profits in South Korea, island countries and other markets this time, it is not impossible for the Fu family to surpass Li Chaoren's family. It's a positive challenge!

Feng Yu also nodded, that's right, if the operation is done well, they may not lose money, but they will definitely make Soros lose money, and the saved one will often miss Xiangjiang in the future.

Of course, Feng Yu and the others have other advantages. Compared with their company defeating Quantum Fund, more and more people will invest in their company, and they will earn more money.

...

At the beginning of October, Feng Yu's contract in the foreign exchange market was basically completed, and then Feng Yu deliberately asked Soros which country or region to attack.

Soros happily told Feng Yu that he thought Baodao was a good choice.

Feng Yu cursed inwardly, this is simply nonsense! Last time, I used Baodao to show off Feng Yu, and this time again?

Like Xiangjiang, Baodao is actually very difficult to break through foreign exchange, especially at this time, the foreign exchange reserves of Baodao are the sum of countries such as Singapore, Malaysia and Thailand, and there are also massive gold reserves. to fail.

However, Soros still has other tricks, such as using the media to spread some false news, so that those foreign investors in Baodao will flee in panic, which is enough to hold Baodao.

Can Baodao save the market? In fact, there is no problem at all, but at this time, the central bank of Baodao announced that it would give up support for the Taiwan dollar, because they firmly believe that even if the Taiwan dollar falls, it will not fall much, and it will have little impact on the economy of Baodao, and it can still be effective. to control the inflation rate.

This time, Soros seized the opportunity!

...

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