The Son of Finance of the Great Age

  Chapter 798 European Consortium (10)

   "Is this a bribe for me?"

  Xhosa took the envelope, rubbed it carefully for a while, and then looked at Zhong Shi with a half-smile, "Is this number a little less?"

   "Think too little?"

  Zhong Shi was taken aback for a moment, and then said without thinking, "Then you can make a price, as long as it is within my expectation, I will never counter the price."

   "What a big tone!"

Xhosa chuckled disapprovingly, threw the envelope to Zhongshi, and said with a sneer, "I want 100 million dollars, will you give it too? If I didn't miscalculate, once my statement is published, you can at least make money." Up to hundreds of millions of dollars. I don’t think the price of 100 million dollars is too much.”

   "One hundred million dollars?"

  Zhong Shi lowered his head and pondered for a moment, and when he raised his head again, his expression was firm and resolute, "Sorry, Mr. Xhosa, you want too much. This number has exceeded the limit I can bear."

"With this amount, I can find other people to say these things, and the influence will not be less than you. I believe the government is also very willing to cooperate. Well, I will double this figure and pay 10 million US dollars How about it?"

   "Put your money away!"

To Zhong Shi's surprise, Xhosa neither agreed nor explicitly denied, but said lightly, "Mr. Zhong, thank you for your kindness. But you should also be clear that I am a political pursuer. I won't take that kind of money."

   "Okay, I have agreed to this matter. If there is a consensus within the party, I believe you will see the results in the newspaper soon."

   "That's it! No need to say goodbye, I don't think we'll see each other again."

  He stood up, reached out his hand and shook Zhong Shi, and then walked outside without looking back.

   "You didn't ask for money?"

  Zhong Shi was dumbfounded at first, but after thinking about it, he realized that the other party was afraid of giving others a handle, and at the same time, he was afraid that after collecting money this time, he would ask him frequently in the future, which was tantamount to coercion in disguise.

   "This is a shrewd guy!"

  Looking at the back of the other party, Zhong Shi muttered to himself, secretly annoyed in his heart, this kind of person's pursuit is different from his, and he used the wrong method this time.

   "How is it, Zhong Sheng, how is the talk going?"

As soon as he walked out of the church, Jiang Shan, who had been waiting outside for a long time, couldn't wait to greet him. When his eyes fell on the envelope in Zhong Shi's hand, the corners of his mouth couldn't help twitching, "He didn't take the money? So, the matter is yellow." gone?"

   "It's done!"

  Zhong Shi sighed, put the envelope back into his pocket, and said in a desolate tone, "But only this time, it's a pity."

   "..."

Although he didn't understand what Zhong Shi was saying, Jiang Shan still knew that the whole thing was done. He was very happy and wanted to say something, but when he saw Zhong Shi's slightly disappointed expression, he had to swallow again. The words that have come to the lips.

  Khosa moved quickly. On June 3, the Communist Party announced to the outside world that after the new government came to power, it was discovered that the previous government had falsified some economic data, and that Hungary's financial situation was far worse than what the outside world knew.

   At the same time, he also said that Hungary would not rule out falling into a Greek-style debt crisis in the future.

  Although he did not serve in the new government, Xhosa's status determines the credibility of his words. After all, this is one of the bigwigs in the political party.

  Although Hungary has not joined the Eurozone so far, it is also one of the EU economies. The biggest lethality of this news is that the debt crisis has not only occurred in the countries in southern Europe, but also has a tendency to spread to central Europe. You must know that Hungary and other countries are satellite countries of Germany, the number one economy in the euro. If they have a crisis at this time, it will only take a few minutes to spread to Germany.

  Nominally concerned about Hungary, but actually worried about the contagion of the debt crisis and whether Germany will be involved. The market quickly reacted to this speech, and the euro fell 0.60% on the day to close at 1.2128.

  However, the whole matter is not over yet, because just as Xhosa announced the poor financial situation of the Hungarian government, the official statement followed the next day.

  On June 4, the spokesman of the new Hungarian Prime Minister Orban, Zgatu, also confirmed in a regular press conference that Hungary is currently facing severe economic pressure. Although he himself could not confirm the authenticity of what Kosa said, he further warned that it is not impossible for a sovereign debt crisis or a credit default.

  Compared with Xhosa’s identity, this government spokesperson is more representative of the official position, and the damage caused to the market is even more different. As soon as Zigatu's words came out that day, the euro immediately fell sharply, directly falling below the 1.2 defense line that has not been broken through.

  Although Hungary's economic scale is not large in the European Union, the chain reaction it provokes makes people feel frightened. Especially after breaking through the important psychological barrier of 1.2, the entire market has fallen into a rhythm of getting rid of the euro spot as soon as possible.

  The most terrible thing is that on this day, a German newspaper published a poll report. In this report on ordinary Germans’ views on the German government’s rescue of Greece, more than 30% of ordinary Germans said that they are ready for Germany to withdraw from the euro zone and restore the mark.

  Although this number is not enough to shake the foundation of the current German government, this voice is also reminding the market that Germany, the European leader, can put down its burden at any time.

  As soon as the two news came out, the entire market was boiling.

In addition to the changes in the exchange rate market, European sovereign credit default swap CDS quotations also rose. Among them, Hungary’s CDS quotations in the whirlpool rose by 100 basis points, and Greece, Spain and other countries with serious problems also rose by 66 basis points. basis points. France, which just refuted the rumor some time ago, rose by 15 basis points.

  This figure means that the cost of financing in these countries will further increase.

  The long-awaited scene of Zhong Shi and Jiang Shan returning to Hong Kong finally happened.

   "What's the current price?"

  Zhong Shi loosened his tie, threw it aside casually, and asked the traders who had been waiting in full swing, "And our option positions, we will also liquidate them one by one from now on."

   "1.1199, just fell below the psychological barrier of 1.12!"

  A trader with a Chinese face quickly replied, "In terms of options, the price of put options is still rising, with a profit of at least 14% per contract."

   "The right of way in terms of options, notify the broker, we want to deliver!"

   After pondering for a moment, Zhong Shi decisively ordered, "Let's wait for the spot goods first, and don't expose your target easily."

In terms of options, since September 2009, Tianyu Fund has established a short position with a total size of about 50 billion US dollars above 1.4. Because it is worried that the short-selling move will be noticed by the market, the establishment of this position is full It took them months.

  But up to now, all efforts have not been in vain.

  The traders tapped their keyboards quickly and began to execute Zhongshi's orders. Naturally, it is impossible to sell options with such a large position all at once, because it is easy to arouse the vigilance of the market. According to previous estimates, it may take at least ten trading days to successfully close out this part of the position.

   "It has fallen to 1. In 1970, Deutsche and Barclays called and asked if we wanted the euros they had on hand. The total of the two reached 1 billion." A trader said loudly.

  According to the authorization of their funds on hand, the scale of less than 10 million US dollars does not need to be reported, and the amount exceeding this figure requires the personal approval of Zhongshi. Therefore, when the European side called, the traders did not dare to neglect and hurriedly reported to the higher authorities.

   "It seems that they can't bear it anymore!"

  Because some time ago, Tianyu Fund tried to trade euros from these consortiums at a price above 1.24, but was rejected decisively by the other party. At that time, the trend of the euro was also going down. It was precisely because of this abnormality that Zhong Shi realized what the other party was planning. But he didn't expect that the other party actually held these spot goods until now.

   "Next!"

   Without even a second of hesitation, Zhong Shi ordered the trader, "At the same time, let the outside world know that we are ready to take over the euro."

"what?"

  The trader's expression changed immediately, he looked at the expressionless Zhong Shi for a moment, and then he honestly carried out the order.

Regarding the reason for the sharp drop in the euro this time, traders simply believed that there was a crisis in Hungary, but Zhongshi knew very well that this statement would not last long, because the EU will soon impose sanctions on the Hungarian government. If it is suppressed, their opposition parties will also jump out and accuse this statement of being untrue. Under the attack of both sides, the current Hungarian government will soon change its tune, and the entire market will immediately reverse.

  So take advantage of this time to get chips as soon as possible.

   "Santander Bank is going to sell 50 million euros in cash."

   "National Bank of Italy wants to sell 30 million euros in spot."

   "HSBC wants to sell..."

   Soon, offers from Europe came one after another. At this time, there are many buyers in the market, but there are very few funds or institutions that can buy in units of 100 million.

   "Follow the market price!"

  Zhong Shi said without hesitation, "At the same time, tell the broker to urgently provide us with a sum of funds so that we can take the market's sell orders."

"How much do you need?"

  Jiang Shan hurriedly asked, "Now the local banks are closed at this point. If you want to borrow, you can only borrow funds through American banks. By the way, Zhong Sheng, how much do you want to borrow, and how long?"

   "$5 billion, three months!"

  Zhong Shi didn't even think about it, and directly gave a number that made Jiangshan tremble.

   "5 billion dollars, I'm afraid it's impossible for several banks to come together, and they will also need guarantees, so it's impossible to do it in one day!"

  Jiang Shan cautiously persuaded, "I'll ask first and see how much I can borrow at the fastest."

  Although there are loans every day, every bank maintains a very cautious attitude towards large loans. It was impossible for the broker to provide the number that Zhong wanted, so he could only find a bank for short-term borrowing. Although for a fund like Tianyu Fund, it is not a problem at all to borrow 5 billion US dollars. But the big problem right now is that borrowing is meaningless if you can't catch up with the trading hours in Europe and the US.

Fortunately, the golden signboard of Tianyu Fund is still somewhat effective. After making a few phone calls, Jiang Shan returned to Zhong Shi, wiped the sweat from his forehead, and replied: "Bank of America, Citigroup and *** ***Three companies provide a total of 2 billion US dollars in loans for 3 months, calculated according to the three-month interest rate in the market, no guarantee is required, and the account will be credited immediately."

"it is good!"

  Zhong Shi just nodded subconsciously, without much expression, and said to the traders with a wave of his hand, "Guys, eat all the euros sold to us until we run out of cash."

  At present, Tianyu Fund still has about 2 billion euros exchanged for U.S. dollars, and the total is about 2.4 billion. Adding the new 2 billion U.S. dollars, the total has reached as much as 4.4 billion U.S. dollars. Calculated according to the current exchange rate, at least 3.67 billion euros can be purchased.

  Adding in the 2 billion euros that were not sold before and the 1 billion euros just received, Tianyu Fund's cash position in euros will reach as much as 6.67 billion euros.

   Thank you very much book friend Xie Peihan for the monthly pass and the generous reward! Thanks to book friends yrully2012 and Manqiangchunsegongqiangliu for voting monthly! Thank you for your enthusiastic support of this book. The author expresses his gratitude and will continue to work hard to write more exciting. At the same time, I also look forward to more book friends who can vote for it~Thank you~

  (end of this chapter)