Chapter 748 (1/2)
In a luxurious office in central square, Hong Kong, George Soros is standing in front of the huge French window overlooking Victoria Harbour in Hong Kong. He also has a cigar with his thumb in his mouth. His lips are open and his lips are full of smoke. In the smog, his eyes with drooping eyelids twinkle from time to time.
Soros is the only one in this private office with an area of more than 200 square meters. In the eyes of ordinary people who know his name but don't know him, he is a mysterious and powerful financial tycoon. In the eyes of friends and opponents, he is a stubborn and paranoid dictator. In fact, he feels like a child. Sometimes he enjoys the honor of being high above others. He likes the feeling of being noticed and worshipped by thousands of people. Sometimes he doesn't want the people around him to flatter him by all means. He even loses his temper for a compliment.
”People are complicated and difficult to understand. Sometimes even they don't know what they want.” Soros murmured to himself that the beautiful Victorian scenery in front of him seemed to be blurred.
Christopher Akins knocked at the door, turned his back to him, and Soros grabbed his cigar and puffed out a wisp of white smoke. ”What's going on outside?” he said slowly
The look on his face was still so gloomy, but he could not see the joy and anger. He said stiffly, ”the Hong Kong government has almost all sold Hong Kong dollars. Not only our quantum fund, Julian Robertson's Tiger Fund and other speculative funds sold the same Hong Kong dollar. Over the past two days, all the funds sold nearly 48 billion Hong Kong dollars, while the Hong Kong government ate 44 billion yuan to stabilize the Hong Kong dollar and its exchange rate. ”
”In this way, we and Julian will lose more than 3 billion Hong Kong dollars this time? Well, our quantum fund accounts for 5.6 billion of that. ” Soros did not turn around and looked out the window at the sea.
”Yes, today is the settlement day of our futures contracts. According to statistics, our quantum fund will lose more than 560 million Hong Kong dollars, while Tiger Fund will lose more than 520 million Hong Kong dollars. Other fund industries have lost more or less.” ”This time, I wanted to surprise the Hong Kong government and give us a warm-up game for the general attack next month. However, I didn't expect the Hong Kong government to respond so quickly.”
Within two days, quantum fund and Tiger Fund lost more than one billion Hong Kong dollars on the futures of Hong Kong dollar and its exchange rate. However, the owners of the two most famous hedge funds on Wall Street paid no attention to it, because the purpose of their raid on Hong Kong was not for money, but for something else.
As Soros's most effective assistant and a participant in the whole process of the project, Akins knows that the two crocodiles, acting as leading generals, are trying to undermine the morale of Hong Kong. The so-called narrow road encounter, the brave win, but the morale is one of prosperity, two and decline, three and exhausted. Soros and Julian's purpose is to combat the morale of Hong Kong, to defeat its edge, then the next war will be more beneficial to their side.
However, there is one thing that Mr. Akins did not understand: ”according to our conjecture, the Hong Kong government should not be so determined to fight back against us in such a short period of time. What's more, they bought those Hong Kong dollars with us dollars in foreign exchange reserves. We should know that the dollar in foreign exchange reserves is the most powerful weapon to defend their financial economy. If the US dollar reserves are less than one point, their strength will be weaker. On the premise that the situation is not clear, especially when the small shareholders in Hong Kong are still watching, I believe that even the central government of China will not make up its mind in such a short time.
What prompted the Hong Kong government to respond immediately and take over all the Hong Kong dollars that we have thrown out? ”
”Mr. Akins, do you know the desperation of Hong Kong people who bought long contracts when we began to sell Hong Kong dollars in the market the day before yesterday?” Soros didn't directly answer arkins, but asked another question.
Arkins nodded: ”yes, some of the investors who bought too much committed suicide.”
Thinking of this, Akins can not help but sigh that, two days ago, those small investors who were long in Hong Kong dollar futures were despairing because a large number of Hong Kong dollars were sold off in the market. As long as the Hong Kong dollar depreciates, their futures contracts will become a sharp knife to end their lives, especially those who have invested most of their families into the futures contracts, The debt they have to bear is hard to pay off for a lifetime.
Some people who couldn't accept it ended up committing suicide. Who expected that on today's contract settlement day, the Hong Kong dollar did not depreciate, but there was a slight increase, which made those who had previously made long Hong Kong dollars make a small profit, while those who committed suicide as a result were wrongly killed.
Akins didn't understand why Soros mentioned it, because he had been with Soros for many years and knew that he was definitely not the kind of person who was used to sympathize with the weak.
Just listen to Soros say: ”at that time, they had long contracts and looked for people to buy their contracts. However, we have sold so many Hong Kong dollars. In the eyes of all people, the devaluation of Hong Kong dollar is almost certain. How can anyone beat their own feet and make a long Hong Kong dollar?
At that time, I also hated these small investors who were very vulnerable to environmental impact, and they were in vain.