Li Zhongxin's voice was not very loud when he spoke, but it was very crisp, just so that everyone present could hear his voice clearly.

What about this matter! It is a good habit that Li Zhongxin developed for many years for the people below.

In front of the boss and these people, he is a young junior, a little lucky little guy, he will not go beyond those things. What he wants to do now is to leave a good impression on everyone, and he looks polite.

What Li Zhongxin said at this time is a little different from what he said to the boss. He can tell some other things about the boss, but when talking to these people, he must be more formal.

"You said that the financial crisis in Southeast Asia had already shown signs at the end of last year and the beginning of this year. Can you tell me where such signs appeared?" The old man, who was sitting under the boss, asked Li Zhongxin with a gloomy face.

He was very unbelievable about Li Zhongxin's last words, because they had never heard of such a situation. What did this mean that there was such a sign at the end of last year and the beginning of this year? They had never heard of it, and the information provided by countries in Southeast Asia had never written out such a thing.

They are the responsible personnel of the national financial management. They do not know what signs of a financial crisis in Thailand. How could a young man like Li Zhongxin say that there was such a sign at the end of last year and at the beginning of this year? It can't be said that those who are responsible for the Chinese economy are even worse than a young man!

"This matter starts from the end of last year." Li Zhongxin nodded to the old man and continued to speak: "Last year, I went to Hong Kong with my family. I met several banking giants and elites there. According to their statement, at that time, some international hot money had already flowed to Southeast Asia.

However, the flow of these hot money is slow, and most people do not take these hot money seriously.

At that time, it should be said that the large amount of funds from several funds in the United States entered the stock market and foreign exchange market in Thailand through many bank channels.

In January 1997, several American funds began to sell the Thai baht in Thailand and buy US dollars at the same time.

Their purpose is very clear, that is, to mess up some finances in Southeast Asia and they make high profits.

Under normal circumstances, these are operated within the rules, just like our normal stock market or futures market. When it is high, I sell stocks or grains, and when the price is low, I buy them back.

During that period of January, European and American investment funds and some financial speculators began to test the waters in Thailand. The turmoil in the Thai baht in January is a sign. I believe that everyone here will not have any problems if they want to obtain such information.

Through these things, some people have already judged some clues. Those world-class financial speculators are going to cause trouble in Southeast Asia, and the Thai baht is the first to be used to take action."

Li Zhongxin explained seriously, saying that at the end of last year and at the beginning of this year, there were signs of risk of financial crisis.

All the things Li Zhongxin said have data to check, because some of the money from Zhongxin Mitsui Bank and Zhongxin Company flowed into Thailand and Southeast Asian countries at that time.

Moreover, as a large bank, Zhongxin Mitsui Bank also opens channels for large foreign funds. Many of the funds are entered through Zhongxin Mitsui Bank and financial institutions established by these Mitsui Bank in several countries. Li Zhongxin knows this more than most people.

"Currency attacks are often three-dimensional attacks. The foreign exchange market, stock market, and derivatives market are related. So, why is it a three-dimensional attack instead of a single operation? What kind of correlation do they have? Why do they do that?" Another old man who was speaking just now, saw that Li Zhongxin answered the question very clearly at this time, and he also asked.

At first, he was very dissatisfied with the fact that the boss brought a young man like Li Zhongxin to the conference room for a meeting and asked Li Zhongxin to speak at the meeting. He felt that the boss had done this a bit too much. A young little kid may even be younger than his grandson. Such a child could say something.

However, after Li Zhongxin answered the questions of the old man around him, he made a big improvement in Li Zhongxin. At least on the questions Li Zhongxin answered, he could feel Li Zhongxin's strong confidence, as if he was talking about the facts.

The old man also knew that Li Zhongxin would not lie in this matter. After all, this kind of thing can only be found by them by reviewing and investigating it.

Although the old man had made many changes, he also asked some questions about Li Zhongxin's words just now.

"If you do this alone, you cannot arbitrage from the market. It is like buying stocks in China and buying a large amount of stocks, the stocks they purchased rose sharply. The funds bought at this time, and then shorted and longed the stocks. Then, if these funds are in, they cannot get out, and they may even be trapped in it.

So! Financial speculators will not do such stupid things alone, they will attack three-dimensionally.

Several aspects are starting together, currency interest rates rise (rate hike), the domestic currency in the foreign exchange market appreciates due to buying, and the stock market rises and falls due to capital outflows and interest rates. Otherwise, the currency in the foreign exchange market rises, export interests are damaged, and the stock market falls.

Simply put, currency interest rates have positive correlations with the foreign exchange market and have certain negative correlations with the stock market; the foreign exchange market also has many correlations with the stock market.

In layman's terms, I have a lot of funds in several financial markets. I want to manipulate the currency exchange rate, which can make the stock market soar and also make the stock market plummet.
Chapter completed!