Chapter 1302 The Tragic Soros
Later generations always think that his method is not very clever when talking about this history. First, he raised 200 billion US dollars through Quantum Fund and Tiger Fund, and then mortgaged a large amount of Hong Kong dollars from Hong Kong banks.
Then sell these Hong Kong dollars in the market. According to his expectations, the Hong Kong dollars will depreciate significantly like the Thai baht and the Japanese yen, and then he will repay according to the original value and interest rate, so he will make a lot of money invisibly.
At least between 1-5 and 1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-
It was just that he misjudged the form and ignored that the place of Hong Kong Island was no longer the original colony, but a place with real ownership.
So after contacting the central bank in Hong Kong Island, the central government used foreign exchange reserves to play with them. The result was that no matter how powerful his two private equity funds were, how could they compare with the size of a country? They were completely defeated.
Not only did he not make money, he failed and gained his capital.
But things are not that simple. No one knows that Soros had already been involved in the Hang Seng Index Futures in 2017.
He spent 100,000 short-selling contracts at 16,000 points, intending to sell these contracts while shorting the Hong Kong dollar to knock down the index.
Then buy at the lowest point, and then wait for the Hong Kong Island government to react and take measures to lift the stock market and ship it quietly. This will not only make money in foreign exchange, but also make a lot of money in futures.
The Hong Kong Island government only noticed his foreign exchange speculation at the beginning, but did not pay attention to his involvement in stock index futures, so he was really fucked by the Hong Kong stock market for a while.
But before he could buy at the bottom of the Hang Seng Index futures, Ye Yuze had already taken the lead. Before the points fell to Soros' ideal 7,000 points, he invested 50 billion US dollars in funds at 8,000 points.
Then, another $30 billion was spent at 9,000 points.
In addition, the Hong Kong Island government rescued the market and took a series of measures. The Hang Seng Index market began to rise all the way. It did not start to trade sideways until 12,000 points. Ye Yuze took the opportunity to ship the goods and made a big profit, but Soros didn't even have time to enter the market.
In the end, Soros could only leave with regret. This was his only defeat in the financial industry. Although it also made him feel scruples, he was not willing to do so. He has been paying attention to the trends here since then and is ready to make a comeback at any time.
However, the loss this time was real US dollars. It was a private equity fund, and the money was not only given to others' principal, but also to interest.
How could a person like Soros lose this person? Private equity funds rely on their reputation and good income. So after gritting their teeth, he decided to bear part of the losses himself and not hurt the principal of the client.
But in this way, his personal property shrank by half. In order to supplement the money, he had to sell some real estate.
He suddenly remembered that Ye Yuze's shipyard still owed him 30 billion US dollars. The money was lent to him to repay his kindness, and there was no time limit. If he wanted to come back, it would not be considered as destroying the bridge across the river.
I called Hans and learned that Ye Yuze was in Hong Kong Island, so I called Ye Yuze's company again.
In fact, Soros was still a little nervous. After all, if Ye Yuze said that the money was not available for the time being, he would have no good idea.
Unexpectedly, Ye Yuze agreed immediately and asked him to give him an account, and he immediately called him.
Soros was a little surprised: "Ye, aren't you all pressing on the shipyard? Why are the cash flow still so abundant?"
Ye Yuze laughed: "Lao Suo, I made a big profit in Hang Seng Index futures. I bought at the bottom of 8,000 points and shipped at 12,000 points. It took only two days, isn't it awesome?"
Soros wanted to curse her, but it turned out that the matter was broken by you? If you don’t enter early, how could labor and capital lose money?
But thinking about Ye Yuze was just a doctor, what kind of bicycle do you want? He didn't have the heart to argue with him, so he could only attribute it to fate. So after reporting his account, he hung up the phone.
Seeing that the stock market was basically stable, Ye Yuze suddenly asked Li Yanan to sell all the shares of Zheng Group acquired that time.
Everyone looked at him and felt that he was so useless. Why would you still sell him if the stock market stabilizes?
Ye Yuze smiled mysteriously: "Let's see if Zheng's Group's stock is the one that is more strong in this stock market crash?"
Everyone knows this naturally, so he can ask where he can ask.
Ye Yuze smiled again: "I bet they have used all their funds to protect the market this time. If we release these hundreds of millions ourselves, it may become the last straw that crushes them."
Li Yanan immediately followed suit, opening and closing. In a few afternoons, Zheng's stock began to collapse without even a pause, and fell from the original four pieces to around HK$1.5 until the closing.
Ye Yuze didn't know how much others lost this time, and he didn't have the heart to know. Anyway, he made a big profit. However, he did not distribute the profits he made from borrowed money to shareholders, because after he paid back Soros, there was not much left.
And you have to pay interest on the money you borrow, right? Such a large amount of funds cannot be given to you just by opening your mouth. Giving some benefits is called sharing evenly with rain and dew.
Xiao Apple and the others can understand it. After all, Ye Yuze didn't ask for a penny of the money they raised, so he gave it to them all. They were all full of money.
The luckiest thing is Yang Geyong. He made a lot of money by lying down in Mosley, and he didn't know how much money he made.
Afterwards, I sighed that I have been working here for several years but have not made as much money as you have earned in the past few days. What other cars do we still build? Let’s play stocks.
This time Ye Yuze was rational and quickly reminded him: "Don't float, although this thing makes a lot of money, it's just as good to lose money!"
The most tragic thing is that Zheng's small group, whose partners were directly beaten by the stock market crash because they had no money to protect the market.
However, the Zheng Group, which borrowed other people's funds to protect the market, fell and bleeded after the market stabilized. They didn't understand what was going on?
However, the brothers' company did not promote this matter, so it was said that he made a fortune in silence. Why did he promote the advantage?
After this battle, in terms of the strength of capital, basically no one has compared them. They are ready to be proud in the auction hall.
Sure enough, after the financial crisis, the Hong Kong Island government auctioned several pieces of soil to make up for the deficit, but these pieces of land were auctioned by brothers. Another piece became the king of Hong Kong Island. This time, the brothers' companies were famous and finally joined the ranks of top-notch companies in Hong Kong Island.
Because Ye Yuze and Yang Geyong were not present in the company, Xiao Apple, as the chairman and Tietou, soon became an upper class.
Chapter completed!