Hello, I'm He Yuzhu

Chapter 237

The depreciation of the Thai baht indicates that the currency crisis in Southeast Asia is about to break out.

In this battle, He Yuzhu and international speculators won a big victory.

While the world is constantly reporting on this economic war, there is an uproar outside, but He Yuzhu keeps his eyes on the Southeast Asian countries.

He Yuzhu decided to sweep across Southeast Asia with the prestige of victory, and aimed his spearhead at the Philippines, because the Philippines, whose inflation rate reached 12% at its peak, deviated from the value of the peso.

The financial markets of various countries are already in chaos. This is the best time for him to completely defeat Southeast Asia.

His plan is still the same as sniping the baht, but he hasn't waited for his action yet.

Every Xiangjiang tycoon guessed that the person who stirred up the wind and rain in Thailand was He Yuzhu. Although he didn't show up, they all believed that he was behind the scenes.

Everyone wanted to eat meat and drink soup with him, but at this time He Yuzhu hid and thanked the guests behind closed doors.

The US dollar reserves in the Philippines are too small, only about 100 billion. Why should he sell the benefits and bring these people to play with?

He even refused his two in-laws, but in order not to hurt his face, he only asked them to prepare funds and manpower. How much cake the crocodile grabs is not his decision.

He Yuzhu repeated his old tricks and began to carry out Operation Cheetah against the Philippine peso by sniping the Thai baht.

Soros did not watch the excitement this time, and his Quantum Fund also joined this economic battle. Looking at it further, his Quantum Fund may not even be able to drink soup.

However, the Central Bank of the Philippines, not to be outdone, has repeatedly intervened in the exchange rate in an attempt to defend the peso's fixed exchange rate against the US dollar.

From the 10th to the 20th, in less than 10 days, the Central Bank of the Philippines used 16 billion US dollars to intervene in the foreign exchange market, and the foreign exchange reserves were on a red light. The total foreign exchange available for call was less than 100 billion US dollars, reaching the lowest alert Wire.

Sure enough, on the 11th, under the huge offensive pressure of speculators such as He Yuzhu, the Philippines could no longer recover. Soon after the opening of the foreign exchange market, the exchange rate of the peso against the US dollar was forced to depreciate by 10-36%. lowest point.

The Central Bank of the Philippines urgently ordered to stop trading, and the Philippine authorities are also hastily discussing countermeasures.

However, that afternoon, the Central Bank of the Philippines had to announce its abandonment of the fixed exchange rate system between the peso and the US dollar that it had stuck to for many years.

The Philippines has become the second Southeast Asian country to float its currency after Thailand.

Within hours of floating the exchange rate, the peso lost nearly 6 percent of its value, and interest rates soared 25 percent overnight.All of this was within He Yuzhu's expectations.

He Yuzhu did not give other Southeast Asian countries time to react, and turned around to attack Indonesia, Myanmar, Malaysia and other countries with deep economic ties with Thailand.

These small countries are like paper, vulnerable to a single blow, and were quickly defeated by He Yuzhu and the international hot money who followed suit.

He Yuzhu, who has won many battles and victories, finally walked in front of others in the final economic battle at the airport.

In order to be able to take down his opponent in a storm, he did not hesitate to speak boldly, even to describe his speech with boldness. Every time he attacked, he would speak publicly and express his opinions to the media.

His predictions have also come true one by one. Some people think that he is a financial genius and a financial giant.

Thais think he is a devil, the Philippines thinks he is a demon, Indonesians think he is a demon, Myanmar, Malaysia and other countries think he is a demon.

Say anything, good or bad.

He Yuzhu's three words resounded all over the world.

Especially the Southeast Asian countries, these three words are deeply remembered, and the appearance of He Yuzhu in the newspaper is deeply brought into mind.

He Yuzhu, who had made tens of billions of dollars madly, decided to stop. He Yuzhu fulfilled his promise and gave each of the elites of this operation an eight-figure reward.

While Ai International investors were waiting for He Yuzhu's next move, He Yuzhu had quietly returned to the mainland.

International speculators, even Soros, predict that his next move will be Xiangjiang.

They were all grinding their fists and waiting for him to take action, and rushed to short the Hong Kong dollar.

But He Yuzhu, the guy who stirred up the situation, disappeared as if he had disappeared from the world.

Beijing.

He Yuzhu was already comfortably lying on a deck chair in the back garden, basking in the sun comfortably, drinking cold beer, and eating a fruit plate.

The whole family surrounded him, asking him how he attacked the currencies of Southeast Asian countries.

The principle is very simple, and it is not that no one has done it in a whimsical way, but there are not many lunatics in the world who dare to do so by spending tens of billions of dollars to counteract the hard steel of a country's economy.

Looking at the eloquent He Yuzhu, Ran Qiuye and Lou Xiao'e were filled with admiration and happiness.

This is my own man, the man I chose, he is too good.

"Dad, where is your next goal?"

He Yuzhu glanced at He Xiao who was eager to try: "If it were you, who would you choose?"

He Xiaoyi was filled with indignation: "Of course it's Little Japan!"

He Yuzhu shook his head: "Thousands of years, Soros' Quantum Fund has already done something to the Japanese economy, and we will not gain anything by doing it again!"

There is nothing wrong with being patriotic, but Japan is not the best choice if you want to proceed in light of the actual situation.

Bajin was automatically ignored by him, and he turned to look at June.

"June, tell me, if it was you, where would you do it?"

June used a very positive tone: "Dad, according to the current situation, it is obvious that your next target will be Xiangjiang!"

"However, Xiangjiang is a part of the motherland. If you stop in time, it means that you have given up Xiangjiang..."

He Yuzhu couldn't help sighing: It's still so clear in June!

Instead of being complacent because of his father's praise, June frowned with worry on his face: "But, although you have stopped, the international hot money and European capital predators will not give up this great opportunity to attack the Hong Kong dollar!"

June's vision was very vicious, He Yuzhu only blamed her for not being a man, but after thinking about it, isn't her eldest daughter-in-law also a daughter, but she will still control a billionaire consortium in the future.

He Yuzhu's eyes alternated between He Xiao and June, and he decided to let June be the heir.

June's excellence is obvious to all. Even if he raised it, no one would object. Before he could open his mouth, his thoughts were captured by his daughter, June, who quickly changed the subject without giving him a chance to speak.

"Dad, don't you remind the Xiangjiang government?"

He Yuzhu looked at her daughter and understood her thoughts. Although her daughter had grown up for a long time, she still couldn't help but groped her head and said to her favorite and beloved daughter: "I have already reminded that the current Hong Kong government There are only two ways to go, it depends on how they choose!"

The terrified governor of Hong Kong had already contacted He Yuzhu, fearing that he would turn around and attack Xiangjiang. At the same time, he also got He Yuzhu's promise and warning.

June: "One is to implement foreign exchange controls, and the other is to announce the decoupling of the peg between the Hong Kong dollar and the US dollar."

"Decoupling at this time will only cause Hong Kong people to lose confidence in the Hong Kong dollar overnight. It will also cause the stock market and property market to plummet again, interest rates will soar, and the economic environment will further deteriorate. Hong Kong cannot afford such consequences."

"Don't worry, Xiangjiang is an inseparable part of us. With the backing of the whole mainland, the international consortium can't win!"

He Yuzhu knew well that Soros would end in defeat.

(End of this chapter)