God-level Trader of Rebirth

Chapter 27 Crazy Arbitrage

"Back to the Future" is a science fiction film directed by Robert Zemeckis.

Starring Michael J. Fox and Christopher Lloyd, it was released in the United States on July 1985, 7.

The movie tells the story of high school student Martin driving a time machine from 1985 back to 1955 after Dr. Brown was killed by terrorists, and met his father, trying to change the story of the future.

Chen Weidong did not know his identity, which had already aroused many speculations.

Not to mention that Lin Zeju almost guessed his real identity.

Since there is no concept of "rebirth" in this era, people's imagination is only limited to the time travel in movies.

However, according to Chen Weidong's personality, even if he knew it himself, he would probably shrug his shoulders at most, raise his eyebrows and say, "So what? Do you have evidence?"

The cold wind of 1996 blows.

After a brief reunion, Chen Weidong and the third uncle immediately threw themselves into their new work.

"Infinity" also got a new calendar.

Relying on the reputation gained in the industry last year, after several times of enrollment expansion, the number of the company finally increased to more than 30 people.

Most of them are traders selected by Li Xier and reviewed by Chen Weidong.

Affected by RB's divestment, a foreign trade company downstairs closed down, and Chen Weidong rented two more floors.

Now the seventh, eighth, and ninth floors of the Antlers Building belong to the company of "Infinity".

Not only that, the company has also added many new departments, such as: "Investment Department, Fixed Income Department, Asset Management Department, Finance Department, etc."

It is also from this year that the company has truly moved towards formalization, saying goodbye to the era of "leather bag companies" and poor commanders.

"Mr. Chen."

"Mr. Chen."

Passing through the card slot in the office area, Chen Weidong nodded.

Now the ninth floor belongs to the exclusive office area of ​​the company's management.

For example, the one I met just now is the "Trading Director" who is responsible for formulating trading strategies and the operation of the entire fund, "Feng Yiwen".

He is a native of Hong Kong with a master's degree in finance from Hong Kong University.

Originally, Chen Weidong wanted old Liu, "Liu Jianping", to take this position.

But this old man seldom comes to the company, so he can only use Lin Zeju's contacts to directly transfer a fairly capable manager from Fangyi Securities to be responsible for the training of new traders here.

In addition to these, the company is now adding several analyst positions.

Their daily work is to analyze the technical and fundamental aspects.

Mainly responsible for the analysis of the industry, individual stocks, and the market, presenting the conclusions to the traders below, and then customizing a reasonable trading plan.

Chen Weidong is definitely the most professional in this area, but he can't do everything by himself, otherwise he will definitely be exhausted.

……

Time came to 1997, February.

Together with other international hedge funds, Soros launched a tentative attack on the long-coveted Southeast Asian financial market.

They borrowed as much as $150 billion in forward baht contracts from the Bank of Thailand.

Immediately afterwards, they began to sell the Thai baht on a large scale in the spot foreign exchange market, causing the Thai baht exchange rate to plummet, triggering a huge shock in the financial market.

Even the stock market has accelerated its decline.

This is the first large-scale baht sell-off in the market.

As a result, the Thai baht/US dollar exchange rate also fell to a 10-year low (26:1).

However, the Bank of Thailand quickly invested 20 billion U.S. dollars to stabilize the situation, allowing Quantum Fund to return without success
at the same time.

Sitting in front of the computer, Chen Weidong watched the roller coaster-like Thailand stock market.

After more than four months of decline, the Bangkok Thai Stock Exchange Index has fallen from 1100 points to 664 points, which can be described as bleak.

Chen Weidong previously raised 7 billion US dollars through 35 times leverage.

Since stock index futures trading implements a margin system, as long as you pay a 20% margin, you can open a contract.

Chen Weidong opened a total of more than 5 futures contracts, shorting the Thai stock market.

If you have a contract and the Thai stock index falls by 1 point, you can earn 300. (Here the transaction is directly calculated in US dollars)
In just over four months, the Thai Stock Exchange Index fell by more than 430 points.

More than 5 futures contracts, excluding all costs and handling fees, Chen Weidong earned more than 30 billion US dollars in this wave alone.

Soros' Quantum Fund smashed the plate in front and attracted all the firepower, while he hid behind and secretly ate meat.

Is there anything cooler than this?

According to Chen Weidong's estimation, Soros made at most one billion dollars in this shot.

And he was several times his size.

Only a traveler like Chen Weidong, who knows the trend of the Thai stock market in advance, dares to make such a desperate operation.

In the eyes of others, it is an adventure and a gambler.

In his eyes, it is a chance to make money.

"Suddenly there is 240 billion more funds in the company's account. What's going on?" Li Xi'er broke into Chen Weidong's office directly.

Originally, she was checking the accounts of the computer company, but found that a few digits were suddenly added to the company's accounts, which shocked her greatly, and hurried over to inquire.

"I made money in the past few months, what's the matter?" Chen Weidong raised his head and looked at Li Xi'er.

Recently, she changed her hairstyle and put on a high ponytail. Not only does she look more capable, but she also seems to have improved her appearance a lot.

"Are you trying to steal money? How long have you made more than 200 billion?!" Li Xier blurted out in shock, shock written all over her small face.

"Shh~"

Chen Weidong made a small gesture, then walked straight to the door of the office, closed the door gently, and frowned, "As for yelling, have you never seen money?"

Li Xi'er rolled his eyes at him, and said angrily: "Yes, yes, Mr. Chen is really arrogant, he doesn't care about tens of billions."

"Hehe, it's still far behind your family. We are at the level of nouveau riche at best." Ignoring her ambiguity, Chen Weidong chuckled while sitting on his desk.

Li Xi'er curled her lips and said, "Tell me how you made your money."

"This can be."

Afterwards, Chen Weidong briefly explained the whole process of exchanging himself to US dollars, shorting the Thai stock market, selling Thai baht by Soros, and getting out of the way.

"Wow."

Li Xi'er's eyes were so beautiful when she heard it, the corners of her mouth were about to drool, she looked so much like that.

"Ahem, pay attention to your image." Chen Weidong reminded embarrassingly.

"I'm sorry, I." Li Xi'er blushed, hesitating and trying to explain.

It was rare to see her make a fool of herself, Chen Weidong couldn't help teasing: "Understood, although I'm handsome, you don't have to be a nympho in broad daylight, do you?"

"Tch, I'm just surprised that you actually knew in advance that the Thai stock market would fall so much." Li Xi'er wiped the saliva from the corner of her mouth, and defended with a guilty conscience.

　Thanks for the 500 book coins rewarded by the book friend "Sheng Fa Shi", thank you for your support!
　　
　
(End of this chapter)