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Chapter 804

~6 min read 1,183 words

Central Plaza.

Penthouse, Director Guan Zu's office.

"Brother Zu,"

"Currently, in Thailand, we have focused and heavily hoarded about 10 billion Thai Baht."

Fang Fang Zhanbo reported to Director Guan Zu on the progress of the Asian Financial Crisis strategy.

"In Japan, we have hoarded about 200 billion Yen."

"In Malaysia, we have hoarded about 800 million Malaysian Ringgit."

"In Singapore, we borrowed and hoarded about 200 million Singapore Dollars."

"South Korea..."

"Indonesia..."

"The total amount used is about 1.8 billion USD, of which the Thailand portion is a 2x heavy position."

Director Guan Zu nodded: "These local currencies are used to crash the market. And for the crashing operation, hot money like the Soros Fund will be the main force; we just need to cheer them on from behind and exert a little effort. So this amount is enough, stop for now."

"Next, the most important thing is to build short positions and get enough forward short contracts for local currencies."

What is a forward short contract?

Forward, with a term of 3-12 months.

Short, naturally, is shorting these local currencies.

Take the "HKD forward short contract" as an example:

——Phase 1: Soros Fund sells 10 billion HKD forward contracts for 12 months later at a forward exchange rate of 8.0 HKD to 1 USD.

——Phase 2: The 12-month contract period ends. If the HKD really depreciates to 10 HKD to 1 USD, speculators can buy 10 billion HKD in the market for 1 billion USD, and then sell it to the bank at the 8.0 HKD to 1 USD exchange rate agreed in the contract, gaining 1.25 billion USD, profiting 250 million USD. There is a key point here: super-leverage! A small amount of money leverages a large amount of money, earning a large amount of money.

(Image · Development context of the Thai financial crisis)

Fang Fang Zhanbo nodded: "We started quietly hoarding short contracts a month ago, and they were all operated remotely through offshore funds. It's very difficult to trace that it's our funds; Soros and the others will only think it's international hot money."

Director Guan Zu nodded and asked: "Is there any movement in their hoarding of short contracts?"

Fang Fang Zhanbo: "I feel like there is in Thailand."

Director Guan Zu: "Good... go find Chicken, have him check the members of the Soros Fund and see if there's anyone suitable to target. We need to plant a mole in the Soros Fund!"

Fang Fang Zhanbo: "Alright, I'll go now."

Not long after Fang Fang Zhanbo left,

Kong Sheng: "Boss, that 'Wan Ming' you ordered, he's here, outside the office."

Director Guan Zu: "Oh? Is there a dwarf following him?"

Kong Sheng: "Yes."

Director Guan Zu nodded: "Let Wan Ming in, don't let that dwarf in."

Although Director Guan Zu likes watching brain-dead short dramas, he also has a hatred for stupidity.

Outside the office door,

Wan Ming and Taishan were standing at the door, dressed in suits and looking cautious.

Wan Ming: "I told you not to come, but you followed me."

Taishan: "I'm your brother, if you make it big, naturally you have to bring me along."

Wan Ming: "I haven't even settled the score with you for lying to me yesterday. That woman isn't your girlfriend at all, she doesn't even know you. You want to please her, save her, but don't drag me into it, you loser!"

Wan Ming hated this behavior of Taishan, but there was no way around it; who made Taishan the brother he grew up with? Not blood brothers, but better than blood brothers.

However, he also hated some of Taishan's stupid behaviors.

At this time,

The office door opened.

Kong Sheng walked out and said to Wan Ming: "Mr. Director Guan invites you in... this gentleman, you wait outside."

Taishan: "Huh?"

Wan Ming had already pushed the door and entered.

Inside the office,

"Mr. Director Guan!"

"Sit!"

He sat on the sofa and drank tea.

Although Director Guan Zu valued Wan Ming and had a collector's habit, he didn't want to waste too much time: "I won't beat around the bush with you. I think your skills are good, you're a good seedling... I want to recruit you into our Five-Star Group security department. With your strength, a 30,000 monthly salary is no problem, and there will be share dividends based on performance in the future... If you can beat the others, then you can become my bodyguard, and an annual income of tens of millions is no problem."

Tens of millions?

Wan Ming was excited: "Thank you, Mr. Director Guan!"

My crappy life, taking off today!!

Director Guan Zu waved his hand lightly: "Don't be in a rush to be happy yet, now you have a problem: your brother Taishan. You know the situation last night clearly; his stupidity really opened my eyes."

Wan Ming was silent.

Director Guan Zu: "Assume a situation: you are my bodyguard, people outside will naturally respect you very much... and your brother, borrowing your name, borrowing the reputation of the Five-Star Group, does some very stupid things, things that ruin the reputation of the Five-Star Group. What do you say to do when you encounter this situation?"

Wan Ming lowered his head: "I understand!"

What Mr. Director Guan said was 100% going to happen! Because since they were small, Taishan had caused him too many troubles.

Wan Ming finally gritted his teeth and cupped his hands: "Sorry, Mr. Director Guan, I'm afraid I can't work for you."

Between work and his brother, he chose his brother.

"Wait... don't be in a rush..."

Director Guan Zu smiled: "I really appreciate this sense of loyalty you have. I am also a person who values loyalty. The brothers who followed me at the beginning were all gangsters fighting in the underworld. And now, not a single brother around me is missing, and I've let them all live good lives, get married, have children, and have complete families."

"So I can give you a chance: go tell your brother Taishan that I don't like him, so I didn't want you, and see what he chooses."

Director Guan Zu couldn't tell if Taishan was a selfish person or not.

He would know after testing him.

Wan Ming: "Okay! Thank you, Mr. Director Guan, for the opportunity!"

Director Guan Zu waved his hand, letting Wan Ming leave.

……

……

Landmark, Central,

Soros Fund Company, in Rodney Jones's office.

Rodney Jones, Jerry, Ollie, Buck, and other core team members were having a meeting.

After being beaten at the horse racing club last time, the bruises finally faded after more than a month.

Jones scanned everyone:

"Today is August 16th..."

"Everyone report the progress on hand..."

Jerry: "I'll go first. After this period of effort, we successfully borrowed about 4 billion HKD from the London branch of HSBC..."

Ollie followed immediately: "The cooperation I'm responsible for with the Singapore branch of Standard Chartered Bank has also yielded results; we borrowed 3.5 billion HKD from there..."

Buck pushed his glasses: "I have progress here too... borrowed 3 billion HKD..."

◈

End of Chapter

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