The Son of Finance of the Great Age

  Chapter 112 The offer is here

  In addition to the most primitive trading of foreign exchange, taking advantage of the opportunity of depreciation to earn the price difference, Zhongshi also made a lot of money from two option contracts.

Since October, the Swiss franc has been frustrated by the entire European currency crisis and has been falling all the way. On November 6, it fell below the 0.7 mark. In this case, in order to maintain the currency value of the Swiss franc, the Swiss National Bank (executing the functions of the central bank) had to sell in the foreign exchange market and began to buy the Swiss franc.

Unlike other European countries, the Swiss government implements a free-floating exchange rate system, and the currency value is only depressed for a period of time. After the intervention of the Swiss National Bank, it quickly returned to the normal range and rose again in early December. to the 0.7 position.

   More importantly, Switzerland is the largest offshore financial center in the world, and its banking industry is highly developed. Due to the anonymity of deposits and the high degree of capital security, a quarter of the private wealth of the world's richest people is stored in this country's banking system.

  In mid-November, Zhongshi’s short-selling option on Swiss francs expired and was executed at an exchange rate of 1:0.6900, closing out short positions of 3.75 billion Swiss francs, making a net profit of 375 million U.S. dollars.

   There were troubles in the execution of the Swedish Krona contract, but HSBC Bank, which had guaranteed it, paid 600 million U.S. dollars and finally successfully closed the option. However, HSBC did not lose anything, because the Swedish government promised to guarantee all commercial banks during the financial crisis, so their losses were not very large, and at most it took a little time.

   So far, all the operations of Zhongshi in the European currency crisis have come to an end. After 1993, the French franc will go through more than half a year of attacks. In order to protect France, the European exchange rate system has expanded the fluctuation range of the mutual currency exchange rate from 3% to 15%. To some extent, this floating system with a range Already in name only. Zhong Shi also does not intend to launch an attack on the franc, which will be the battleground where another main Tiger Fund in this attack is famous all over the world.

Adding the more than 300 million US dollars he obtained in the UK market earlier, Zhong Shi made a total profit of more than 1.2 billion US dollars in the European currency crisis, which made the funds he can control now exceed 3 billion US dollars. Most of Wall Street's hedge funds' earnings this year.

   Entering the end of December, the weather in Hong Kong has also begun to cool down, and most pedestrians on the street have added a suit of clothes.

  But at this time, in the living room of Zhong Shi's mansion, it was a scene full of excitement. Zhong Shi and his family sat around the round table to celebrate the old man's discharge from the hospital.

  Zhong Fangzhuo sat at the main seat, with a ruddy complexion, carefully looking at every family member sitting at the table. Beside him, sat a young man in his mid-twenties, who was looking helplessly at everyone's eyes.

   This young man who does not sit according to seniority is Zhang Wei. After Zhong Shi revealed a little about his family background, he couldn't wait to use his connections to quickly obtain a passport to come to Hong Kong. Before coming here, he had also imagined what the Zhong family would look like countless times, but after actually arriving here, he was still stunned by the luxurious decoration here.

Hearing that his grandson came to Hong Kong, Zhong Fangzhuo, whose condition had improved greatly, couldn't sit still any longer, and repeatedly shouted to be discharged from the hospital. In the end, Zhong Shi found a middle way and hired a family doctor , and made an appointment with the attending physician to come back for a follow-up visit on a regular basis, which allowed Zhong Fangzhuo to be discharged from the hospital.

   "Grandpa, what are you looking at?"

   After watching Zhong Fangzhuo's eyes turn around, and finally fixed on him, Zhang Wei couldn't help but widen his eyes, and asked a little at a loss.

  His grandfather's call was extremely natural, without any psychological barrier at all. This is certainly related by blood, but it is more due to the Zhong family's property.

   "Good! Good!" Zhong Fangzhuo smiled and nodded, then tapped the plate: "Dinner!"

  Hearing his order, the servants who had been waiting for a long time started to act one after another, and all kinds of exquisite dishes with all kinds of colors, flavors and flavors were brought up like a flowing mat, which opened Zhang Wei's eyes again.

He has been here for a few days, and Zhong Shi also took him out for a few meals, but this meal was specially prepared by Zhong Fangzhuo to welcome him and celebrate Zhong Shi's acceptance of an offer from an American university, so the preparations were extremely well prepared. grand.

  The final result of Zhong Shi’s university application came out. Several American universities have passed his application and provided full scholarships. Although the application pass rate of these universities is not very high, there will always be some differences in how they treat the rich and the privileged. After all, most of the funds they operate come from donations from alumni, and they are all private universities. Even government departments can't control some tricks.

However, Zhong Shi got into the exam with his own ability. Exams like the SAT were not difficult for him. In addition, he revealed a little bit of what he did, so that his application was passed without much difficulty. .

  The other people on the table had never seen such a big formation, but the two of them walked around a lot on weekdays, and they didn't have much restraint with each other, so although they were very surprised, they were not as conspicuous as Zhang Wei showed.

   Zhong Shi felt funny when he saw the expression on Zhang Wei's face. This cheap cousin is also the second generation of officials after all, so he looks like Grandma Liu entering the Grand View Garden. But on this table, his seniority is the lowest, and he has no place to speak at all.

"I'm very happy today. The whole family is finally reunited, even though your mother didn't come." Zhong Fangzhuo patted Zhang Wei's hand lightly, with a long-lost smile on his face, "Let's not talk about this, our family is now Another college student came out, and it was an American university. In my heart, I am really happy..."

  Entry into a university was equivalent to passing the imperial examination in ancient times, and old-fashioned people like Zhong Fangzhuo valued it very much.

"Dad, don't get excited, let me go first!" Zhong Jianguo, who was next to him, saw that the old man was emotional, so he stood up quickly, raised his wine glass and touched the wine glass in front of Zhong Fangzhuo, and then drank do. "Dad, be happy today, don't say those spoiling things, there are still children here."

  Zhong Fangzhuo looked at Zhong Shi who was sitting by the table, put down the cup he had just raised heavily, and sighed: "Hey, it would be great if all the family were here!"

  Now Zhong Yiyuan is in the United States on the other side of the ocean, while Zhong Xiaohui is studying away from the sea. Besides, there is also Zhang Wei's mother, and I don't know what she thinks now.

"Grandpa, it's not a problem. Tomorrow, I'll buy a private jet and let you travel around the world. As long as you want to see my brother or sister, you can go anytime. Do you think it's okay?" See the scene After falling silent, Zhong Shi hurriedly interjected.

   Upon hearing what Zhong Shi said, the whole family laughed. They only know that Zhong Shi is rich, but they don't know how much money Zhong Shi has. They just think that Zhong Shi is telling a joke. After they finished listening, they started talking and laughing again.

Only Zhong Shi himself knows that this is not a joke. He has long seriously considered buying a private jet. With the development of the consortium in the future, he is bound to travel around the world. Having a private jet will be of great convenience schedule.

Private jets are generally anchored at the airport, and the monthly parking fee and basic maintenance are a lot of money. When large-scale repairs or inspections are required, the price is often hundreds of thousands of Hong Kong dollars, but this point Money is just a drop in the bucket for Zhong Shi's current wealth.

After Zhong Shi's "gag", the atmosphere at the dinner table became active again, and Zhang Wei was also very winking. It has brought the relationship between myself and everyone closer.

"Good! Good! Good!" Zhong Fangzhuo coughed lightly after he was full of wine and food, and the dinner table suddenly fell silent. Everyone knew that the old man was about to speak, so they all stopped the chopsticks in their hands, pricked up their ears and listened carefully. listening.

"Zhong Shi, have you figured out which school you are going to? Also, Xiaowei, since you are here, let's play for a few more days, and tell your mother after you go back, so that she can come here earlier, just say me This father is really sorry for her, he has wronged her all these years."

  Zhang Wei also drank a little too much, and didn't notice the serious expression of the old man when he spoke: "Grandpa...don't say it...my mother's life is not wronged...you don't know...my grandfather's family conditions...well..."

   Before he could finish speaking, he fell headfirst on the table, snoring regardless of his image.

  The situation where the people at the table were listening respectfully was broken. The Zhong family looked at each other and couldn't help laughing. Zhong Fangzhuo laughed even more, and with a big wave of his hand, he asked the servant to carry Zhang Wei back to the living room.

  This family dinner is over. Zhong Shi returned to his room, carefully flipped through several admission letters sent from the United States, weighed them in his mind, and finally decided to choose the University of Chicago.

  In addition to its remarkable achievements in economics, the University of Chicago is a well-known private university, and its majors in physics, mathematics, and literature are all ranked high among American universities.

   More importantly, Chicago is the third largest city in the United States and an extremely important financial center. It is second only to Wall Street in the United States and the seventh largest financial center in the world. Here are the Chicago Mercantile Exchange, the Chicago Board of Trade and other heavyweight exchanges that play a pivotal role in the global futures and options market. They trade various targets such as interest rates, foreign exchange, stock indexes, agricultural products, and timber every day.

   But there is only one problem, that is, the University of Chicago is located in a black district, and there is a certain degree of uncertainty in terms of security.

Thank you very much for the continued support of all book friends after it was put on the shelves. I would like to thank Yu Yubuxiang, Ga Geli, allen_**w, and the monthly ticket support that made me think about it. I also thank book friends 130318001036258, Thesunshine, Yumeng for coming these days Faith, annihilation of soot, poison you thousands of times, secrets, rllin6164's tip! Especially allen_**w's wonderful comments are still in my ears, and the secretive and continuous expectations are vivid in my mind. At the same time, I would also like to thank the friends who can subscribe to this book. It is your support that gives me the motivation to persevere. The author will do his best to write well and strive to live up to everyone's expectations.

  (end of this chapter)