The Son of Finance of the Great Age

  Chapter 325 Thrilling 1000 mark

   "But...how can we know that the South Korean side is acting like a fox and pretending to be a tiger?" After pondering for a moment, Li Zehai finally expressed the doubt in his heart.

Hearing this, Zhong Shi couldn't help secretly applauding in his heart. The other party is indeed the son of Li Jiacheng. Li Zehai, who was rated as one of the world's young business leaders at a young age, even though he doesn't know much about the international economy, still Able to think calmly and not be swayed by one's own words at all.

Naturally, Zhong Shi never thought that he could completely convince Li Zehai with just a few words, so he picked up the teacup in front of him, blew gently on the tea leaves floating on the water, and tasted it with gusto .

Li Zehai, who was still a little puzzled at first, was still anxiously waiting for Zhong Shi's answer, but after seeing Zhong Shi's behavior which was completely different from the previous one, he calmed down unconsciously, and imitated the example slowly. He started to drink tea, but his eyes were still flickering. It was obvious that his heart was not as calm as his appearance at this time.

After a long while, Zhong Shi slowly put down his teacup, grinned, and said, "Richard, are you being overly cautious? If you want to know whether the South Korean side is strong from outside, you just need to test it a little. I believe you There should be quite a few friends, if we unite them and collectively sell them in the Korean won foreign exchange market tomorrow, we will see the effect?"

Li Zehai shuddered suddenly, his arms trembled suddenly, he poured out the tea and sprinkled it on the white bathrobe, but at this moment he didn't bother to change into another bathrobe, he stammered and asked, "Me? Can I?"

"why not?"

  Zhong Shi rolled his eyes at Li Zehai, his expression obviously mocking him for his fuss. Li Zehai's face turned reddish, and he immediately felt restless.

"If you can persuade a billion dollars of capital to sell Korean won tomorrow, I can add another billion dollars of spot sales of Korean won. The two sums are enough to stir up the market! Then you will know what the market is like, South Korea Aren't you just bluffing and intimidating?"

   After a moment of silence, Zhong Shi continued. He just sighed deeply in his heart. If he has the reputation of Soros or Julian Robertson, if he raises his arms in the capital market and gathers followers, then he doesn't have to sit here with Li Zehai now. I'm kidding.

  Even if the South Korean won is sold in the billions of dollars, compared to South Korea's tens of billions of dollars in foreign exchange reserves, the two are not of the same order of magnitude at all. Zhong Shi naturally knew in his heart that the reason why he adopted this method now was to allow more capital to participate. Although it was a small knife to cut flesh, but if there was too much blood flow, it would kill the Bank of Korea.

It's just that Li Zehai at this time is still extremely weak, and he can hardly help Zhong Shi in terms of capital. However, he has a very famous father, and he has made some careers himself, which made him in Hong Kong. The wealthy family has become one of the best second generations. If he could respond positively, then the capital following Zhong Shi would be considerable.

   Li Zehai was obviously taken aback by Zhong Shi's proposal again. Fortunately, the teacup had already been placed on the table this time, otherwise it would have fallen to the ground with a bang.

After settling his mind, Li Zehai said with a bitter face: "Zhong Sheng, you are really generous! You have a good method! I managed to raise 500 million US dollars by borrowing land from left to right, and you actually threw it out without blinking an eyelid." One billion dollars, it really puts me to shame."

  After he finished speaking, he paused, stroked his chin and thought for a long time, and then said hesitantly: "It's not difficult to get a billion dollars in Korean won, but..."

   "Looking ahead and thinking too much about things, it's really useless!" Before he could finish speaking, Zhong Shi replied coldly. Obviously, Li Zehai's attitude has aroused Zhong Shi's dissatisfaction. You must know that Zhong Shi can give him and his circle a chance to make money now, but even so, Li Zehai still dare not make up his mind.

  Where would Zhong Shi think that Li Zehai at this time is still wholeheartedly thinking about doing business, preferably real estate business, and his old Dou Li Jiacheng made his fortune in this way. The most taboo thing for those who do business is the problem of cash flow. Once there is a problem with the cash chain, the entire group enterprise may fall into a situation of irreparable doom.

   What Zhong Shi is proposing now is to let him invest all his cash in speculation in the foreign exchange market. The time and effect are uncertain, which brings unpredictable risks to their business operations. Naturally, for the future of Yingke Group, Li Zehai has to think twice before acting.

  After hearing Zhong Shi's mocking words, Li Zehai's face immediately flushed red. Since he was sensible, no one has said such words to him so unceremoniously. At this time, he was so angry that he even wanted to slam the table and walk away, but after seeing Zhong Shi's relaxed appearance, the anger in his heart subsided involuntarily.

"The situation is better than others! Now I have what I want from others, but the other party is just as strong as I want, and from his tone, it seems that a billion dollars is just a drizzle, not worth mentioning at all. My God, what is this guy's background, how could he be like this?" Wealthy? You have to know that even my old Dou can’t do it in a short period of time if you know that you can take out a billion dollars in cash all at once!” Li Zehai warned himself secretly, and when he raised his head again, he had already changed his clothes. A smiling face.

   "Hypocrisy! True TM hypocrisy!"

Zhong Shi secretly said in his heart that he also had the idea of ​​leaving directly at this moment, but he still suppressed the impulse in his heart and said lightly: "I believe you should have noticed the news that the Korean won broke through 970 two days ago, yes , I did it. If you still don’t believe it, just wait and see, tomorrow I will let the Korean won break through the 1000 point mark!”

"I believe it, why don't you believe it!" Li Zehai smiled, poured a cup of tea for Zhong Shi himself, patted his chest to pack the ticket and said: "Zhong Sheng, tomorrow, tomorrow, I promise to do my best in the Korean Won Market Sell ​​it online, do you think it will work?"

Zhong Shi took the teacup and looked at him suspiciously. Li Zehai's face was solemn, his eyes were clear, and he looked extremely serious, so Zhong Shi didn't think too much, and just raised his head and drank all the tea in one gulp, which was regarded as a promise up.

  …

On November 10, during the Asian trading session, the Korean won market was attacked shortly after the opening of the market. Obviously, the rumors released by the South Korean side the day before did not affect the determination of speculators. Confidence in the Korean won is even less. The Korean won fell below the 990 mark as soon as the market opened, and has been falling all the way.

   Jong-seok naturally sold a large amount of KRW spot in the market. At the same time, there was also a relatively large amount of KRW spot selling in the market, the amount was almost equal to that of Jong-seok. Thinking of what happened yesterday, Zhong Shi took it for granted that it was the Hong Kong consortium's follow-up, so he didn't think much about it. In fact, after meeting with Li Zehai yesterday, he informed Andrew that he would let the public know that the exchange rate of the Korean won would be lowered to the level of 1,000 won to 1 US dollar today.

  The Korean won was very vulnerable in the face of the surging selling orders in the market. The quotations of one decimal point after another appeared one after another, and finally approached the threshold of 1,000 won to the US dollar. The Bank of Korea finally couldn't sit still, and brazenly took action to defend the Korean won. The two sides launched a large-scale transaction at the 999 position, and the transaction amount reached billions of dollars. In the end, under the active intervention of the Bank of Korea, the Korean won managed to maintain the 999 won mark for the dollar in the Asian trading hours.

   In terms of news, the market expected that the South Korean government will introduce measures to reform the banking industry today, but the result is disappointing. The South Korean government has not issued a relevant plan. What's more terrible is that there is a news circulating in the market at this time, it is said that if the Korean won is free to float, it will depreciate by at least more than 20%. Korean won spot. In this regard, analysts have only one point of view: wait for the Korean won to fall below the 1,000 mark.

Faced with this situation, the Bank of Korea finally couldn't sit still. After urgent consultations with the Financial and Currency Management Committee, Park Hee-rae issued a brief statement after the market closed. The wording was quite strong, declaring that he would absolutely defend the exchange rate between the Korean won and the US dollar. 1000 position above.

  On the following day, the Bank of Korea did what it said, and sold a large amount of U.S. dollar spot in the market, with an amount as high as 15 billion U.S. dollars. Since this day is a holiday in the United States, and the Bank of Korea’s previous tough statement, the whole market’s sell-off of Korean won is mainly dominated by Hong Kong capital and European capital. Among them, the leader of Hong Kong capital is Tianyu Fund, which frequently makes rumors. .

   It's just a pity that after Zhongshi consumed all the positions, the Bank of Korea still stubbornly held the psychological threshold of 1,000 won for 1 dollar. More than that, the South Korean side even pushed up the exchange rate of the Korean won to the US dollar, pushing it from 999 to 989.

   In this regard, analysts have only one opinion: because today is a holiday in the United States, South Korea was able to successfully intervene in the market. The implication is that the Korean won will still fall, and the United States has not really made a move yet!

  …

"Zhong Sheng, what should we do now?" Facing Zhong Shi at this moment, Ren Ruowei was fidgeting. He was in charge of the entire Korean won short-selling plan in the front, and Zhong Shi was behind the scenes. Not falling but rising, although the sofas in Zhongshi's office are very high-end and luxurious, but at this moment he feels like sitting on pins and needles, feeling restless for a moment.

   "Why panic!"

Zhong Shi glared at him, and then said lightly: "The South Korean side has spent at least tens of billions of foreign exchange reserves in the past two days. Don't we have another US dollar fund now? Let's mortgage and borrow Korean won, taking advantage of the current rising It's a great opportunity, and I can borrow a little more!"

   "Huh?" Ren Ruowei was dumbfounded immediately, "Are we going to short the Korean won?"

   Thanks to book friends BMW 318 and Brother Huan for voting for monthly support!

  (end of this chapter)