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530 baht lost

In the evening of that day, the director of the Hong Kong Monetary Authority took his family to take a plane for vacation in Bali.

After the local owners have fully exerted their strength, they completely replaced the functions of the HKMA. They will replace the poor HKMA and stand up to fight this battle with Wall Street.

At Hengye Building, Huang Shitong walked into the office area of ​​Tianze Securities with two plastic bags. He saw 500 securities managers sitting in front of the computer, busy typing on the keyboard.

Yazi, Luo Minsheng, and twenty financial elites from the trading group were gathered by a whiteboard in front of the hall, discussing the recent situation. After seeing a group of bodyguards escorting Huang Shitong to the company, they immediately stopped talking and looked at the plastic bag in Uncle Tong's hand.

"Dadly." Yazi took a step forward and tried it out.

Huang Shitong neatly threw two transparent plastic bags directly on the table.

"This is the creditor's letter of two hundred and thirty companies, and I'm leaving it to you." Huang Shitong looked straight at Yazi and preached.

Although he took charge this time, he only controlled the overall situation and was responsible for strategic arrangements.

Yazi brought Tianze Securities and was also considered to be the leader of the army.

As long as you can train yourself well in this financial war, you will have a chance to surpass him, the old man in the future.

Now that he saw two plastic bags on the ground, Yazi naturally understood Daddy's meaning and nodded and said, "Daddy, leave it to us!"

"Okay." Huang Shitong nodded, saying that he had explained the matter.

Luo Minsheng immediately bent down and took out a creditor's letter from the plastic bag. He opened it casually and found that it was 51% of the shares of a listed company.

I took out another creditor's letter and it turned out to be a listed company, which is also a story of 51%.

Tsk, it’s a matter of being able to get 230 shares of companies in the entire Hong Kong Island. It’s just a scare to death if you tell me it! And each share book worth at least tens of millions of Hong Kong dollars is just over one hundred copies, and a large bag of stuffed into a plastic bag? I’m afraid that only Uncle Tong is qualified to do such a thing.

Before he could think about it, Luo Minsheng hurriedly put the equity book back into the bag, carried one in one hand, two bags, and rushed into the office area with the people from the trading team.

"Send it! Send it!"

"See the company name clearly, log in to your account! Stabilize the stock price!"

"What I want to stabilize is the stock prices of 230 companies! If it falls, it will fall together. If one company falls by one cent, the other company cannot fall by two cents!"

"Even if the market is falling, I will have to rise again every three days. I want to stabilize! Keep the market stable!" The financial elites in the trading group immediately distributed the equity group to the group leader.

More than 500 securities managers in the office area immediately became a rotating tooth to control the entire Hong Kong stock market.

Luo Minsheng's roaring voice echoed in the office area. He knew very clearly that it was impossible to reverse the trend and rebound. The best way was to maintain the stability of Hong Kong Island. Even if it fell, it would have to fall steadily. And occasionally it would need to rise a little to maintain the confidence of investors.

Yazi looked at the orderly employees and nodded with satisfaction. He returned to the office and turned on the computer. He entered the account password of the landlords and saw that the ten-digit dollar amount above was rising rapidly at this time.

That is the support from Hong Kong tycoons, which is constantly remitting to the "account" of the landlord association. At the same time, the amount is constantly changing within the expenditure item.

Because that is McSaint-Yun and Lam Rundong, who are mobilizing money in their accounts to purchase Hong Kong Island’s debt. At the same time, it is also Luo Minsheng’s current expenses for manipulating the Hong Kong stock market.

In this account, hundreds of millions of dollars are spent in a second!

...

On Wall Street, Soluoz smoked a cigar and listened quietly to the report of the chief analyst of Hong Kong Island. After the analyst finished speaking, he raised his eyebrows and let out a long mouthful of mist.

"The war begins!"

"Stop the Thai baht!"

Soluosi's figure moved from the floor-to-ceiling window to the conference room and made a harsh gesture. The chief Thai analyst in the audience immediately took out his cell phone and called: "Stop the Thai baht!"

"Stop the Thai baht!" A financial expert on the third floor of the building hung up the phone and shouted loudly at the salesperson.

"Stop the Thai baht!" One thousand salesmen in the hall on the third floor immediately began their busy work.

In their keyboard sounds, one after another of Thai baht exchange orders appeared in the international trading market.

Thailand, Ministry of Finance, and Currency Office. The team leader sitting in the office suddenly heard the voice of the team members: "Team leader! There are too many orders selling Thai baht in the international currency market."

"Hmm? Is there no buyer? Just eat it." The head of the currency team wearing a yellowish uniform sucked the coconut green in his hand without realizing that it was inappropriate.

"I understand." The team member responded and immediately started with other colleagues, using the money from his office accounts to receive the baht from the international currency market.

Generally speaking, large international currencies will have fluctuations in the market value. They may not necessarily be higher than regular exchange rates, but may also be lower.

However, the number of orders placed in the market cannot be too many. Once a significant downward trend occurs, it will trigger a wave of Thai baht exchange.

Currently, the Thai baht currency is pegged to the US dollar at a fixed exchange rate, and one dollar is equal to 25 baht.

These sold Thai baht orders are priced at around 26 baht per dollar.

The price fluctuations are not very large, but the order volume is extremely large, as much as 26 billion baht...

After the currency office started to eat the foreign exchange funds, it suddenly discovered that the Thai baht in the international market not only did not decrease, but instead increased.

The total amount is as much as more than 30 billion!

And the price has fallen below the price of one dollar equal to 30 baht.

You should know that the more baht a dollar is equal to, the greater the decline. Thailand's manpower and materials are worth in the international market.

The current price is much lower than the normal exchange rate!

Retail investors in the international market realized that something was wrong and began to sell their orders, so the selling orders of Thai baht in the international market continued to increase.

In less than ten minutes, the team members expended their office funds and looked up at the currency team leader and said, "Team leader, our account funds have been exhausted!"

"Has the account funds been exhausted?" The head of the currency team sucked Coconut Green without raising his head.

After a few seconds, he raised his head in shock and said, "What? The account funds were exhausted? There were 100 million US dollars in it!"

The currency team leader had an incredible expression on his face, threw away the coconut green in his hand, and quickly walked to the team members' computer. He saw the Thai baht orders in the international market jumping on the computer, and the total amount reached 50 billion yuan.

At the same time, the account funds column is a capital 0.

"It's only five minutes passed, only five minutes passed..." The currency team leader muttered to himself as he looked at his watch, and immediately realized that something was wrong. What report should he write at this time? He immediately turned around and rushed to the Finance Minister's office, hoping to report the situation against time.

Because if this continues... everyone in the international currency market will know that the Thai baht is falling sharply.

Once the exchange rate falls above 30, even the buyers who buy at the bottom will no longer be interested.

All buyers holding Thai baht will choose one thing, that is, to exchange US dollars with the Thai official with a fixed exchange rate.

This will trigger a wave of exchange.

If Thailand can provide so many foreign exchange reserves, it can calm the exchange wave, but Thailand has always had very few foreign exchange reserves. And most of them need to maintain arms, even fewer people can provide support for economic wars.

So the best situation is to forcefully eat all orders of Thai baht before the exchange wave appears. Eat as much as you like, and you must not lose confidence in the Thai baht.

But when the currency leader stood in front of the Finance Minister panting, he saw the Finance Minister holding the phone and sighing at Wuwei: "The exchange tide has begun."

...

Within 24 hours, the crazy selling of the oligarchs to the Thai baht completely triggered Thailand's foreign exchange crisis. In the first half of the day, the Thai Central Bank also chose to exchange at the exchange rate.

But starting from the second half of the day, the transfer time was increased by one day.

In addition, the Central Bank announced that it would raise interest rates on foreign exchange exchanges.

These two consecutive actions exposed the strong and strong external forces in Thailand's Ministry of Finance. Not only did it not solve the exchange wave, but it also increased the exchange storm.

The next morning, the current Finance Minister delivered a televised speech, announcing in front of the world media: "Thailand insists on the dollar pegging rate for 16 years and will never give up."

"One US dollar is only equal to 25 baht, and it will definitely not be higher than one baht!"

"The Thai baht will never be lost! We will make all the speculators lose all their money!"

Hearing the decisive voice of the Minister of Finance, the big bosses in Thailand all relaxed their eyebrows.

You should know that big entrepreneurs in a country are actually doing business internationally. They must sell Thai things to the world in order to drive Thailand's economic development.

Therefore, the Thai Baht is lost, and they are the first to lose!

Then the losses of these large enterprises will be fed back to small enterprises, and eventually lead to chain reactions such as workers' unemployment.

This link will lead to the following links, and when workers are unemployed, prices will soar and the economy will regress.

But when Huang Shitong, who was far away on Hong Kong Island, saw this scene on the TV, he sneered in his mouth: "The Thai baht has collapsed!"

A country is equivalent to a person. Whether you have money or not is not what you say in your mouth, but you have to take it out of your pocket to count. If you don’t have money in your pocket, even if you shout loudly, you will still collapse when it is time to collapse.

Who told you to peg with the US dollar? Once a problem arises, others will not recognize your baht, and others will only recognize the US dollar in your hands. Why is US dollar a hard currency? That's because American guns are hard enough!

It is because the guns and cannons in the United States are strong enough that the oligarchs on Wall Street can have the courage to rob the whole world. Haha, you haven’t heard of any oligarchs in Myanmar and India, right?

Now Wall Street sells the Thai baht just a charge, and Wall Street still has a large number of Thai government bonds that are about to expire!
Chapter completed!
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