[Chapter 89] The small arrangement before leaving

After Chen Guoqiang left the study room, Zhu Mingyang walked around the room for a few more times, and finally made up his mind and called Li Desheng with the phone on the table.

"Desheng, Zhu Mingyang, how is your situation there?"

"Oh, we are analyzing various information!" Li Desheng said.

"Okay, you won't be busy with your movements for the time being, I'll be there the day after tomorrow!"

"When? Should I ask Zong En to come here too?" Li Desheng would not ask anything.

"No, Zong En's plan remains unchanged! By the way, are the two you said when you went to London reliable?" Zhu Mingyang asked indifferently.

"Absolutely reliable!" Li Desheng said firmly.

"Okay! Also, prepare me the latest Wall Street Finance information, especially the Wall Street Journal. I will come to our interview at that time."

"Okay." Li Desheng hung up the phone after he said that.

After Zhu Mingyang put down the phone, he walked back and forth in the room. After a long time, he finally made up his mind to go to London secretly, otherwise it would be very troublesome if things went wrong.

Although Hong Kong is still under the jurisdiction of the British government, China is their motherland. With the deepening of reform and opening up in China, Hong Kong's wealthy businessmen must enter the mainland of China if they want to make their business bigger and stronger.

The mainland has gained a foothold, so naturally there must be a reliable family in the central high-level leadership. At this time, the joint group had already entered Hong Kong in July 1988, and the negotiations between the two countries also entered into practical issues, and

It won't take long to issue a joint communiqué between the two countries...

Zhu Mingyang also knew that if he started from his own economic empire, he would not mind adding fuel to Soros when he blocked the pound. But now it is not possible. What he wants is a political situation in the country - Grandpa Yang Lao is in military and political affairs.

If the UK knows that it is the one who interferes with it, it will cause a crack in Hong Kong's problems...

Thinking of this, Zhu Mingyang called Tang Yunshan and Long Mingyun in again.

"Brother Tang, Brother Long, I have something I want to discuss with you." Zhu Mingyang signaled the two of them to sit down and said with a serious look on his face.

Seeing Zhu Mingyang's serious look, the two immediately sat upright and quietly waited for Zhu Mingyang to talk about what happened next.

"Brother Long, you can go out and book a flight ticket to London the day after tomorrow. Of course, you also have a flight ticket to Hong Kong. Remember, you must transfer in Brussels..."

"No..." Before Zhu Mingyang finished speaking, Tang Yunshan interrupted, his tone was extremely firm.

"Brother Tang, don't worry, I have a reason." Zhu Mingyang waved his hand and said, "There are important information here. You must keep it well. I still have important things to do."

Zhu Mingyang said as he handed a small suitcase to Tang Yunshan and said solemnly, "After you return to Hong Kong, you will immediately put these things back to Ningcheng and put them in the security company's secret insurance, and no one can know..."

In the end, Zhu Mingyang wasted a lot of talk and agreed to the two of them that they would go back after thirty days, and they would have to make a safe phone call every day...

Three days later, Zhu Mingyang was already in a room in a secret manor villa outside London. When Zhu Mingyang arrived in London, it was already past six o'clock. After Li Desheng took Zhu Mingyang here, he asked him to rest well.

I'll talk about something tomorrow. Zhu Mingyang also thinks this proposal is good. He also understands what Li Desheng means, which is the problem of jet lag. Even if the physically strong person is unable to stand the long flight for more than ten hours.

At this time, Zhu Mingyang was not tired at all, because the latest article in the Wall Street Journal attracted his idea, that is, the British government announced its participation in the European exchange rate mechanism. According to his memories of his previous life, he knew that this was an opportunity and

Dangers coexist, otherwise he would not have let Li Desheng and Li Zongen secretly arrive with their respective subordinates.

And what was Soros doing at this time?

Zhu Mingyang chuckled. This old guy is probably busy raising funds everywhere now, and is about to block the pound.

Zhu Mingyang read an article in his previous life - "Jinghuang Financial Battle - Blocking the British Pound", and the main content of the article is the entire process of Soros blocking the British Pound this time.

When the UK announced its accession to the European Exchange Rate Mechanism (ERM), Soros began to raise funds. When he realized that the British made the most serious mistake, mainly because the ERM requires the currency of member states to be closely focused on Germany.

Mark Soros believes that the economy of Britain was not very strong at that time. If he joined the ERM, it would be equivalent to linking himself with the strongest economy in Western Europe, the unified Germany, and the United Kingdom would also do this.

Paying a heavy price.

That is, in the process of the European exchange rate mechanism from near equilibrium to uneven, the market participants also have a flaw in the understanding: it is expected that various European currencies will become single currencies in the continuous process, so it is also recognized that

Exchange rate fluctuations will shrink compared to the past, so everyone is rushing to acquire high-yield bonds in weaker currencies, which also makes the European exchange rate mechanism more rigid than before. In order to face fierce changes, it is not a gradual adjustment.

The government did not guarantee the public the European exchange rate mechanism as stable as Mount Tai until the last minute, but Soros definitely did not believe it.

After Soros made the decision to short the pound, the main problem he encountered was not the need to build a position, but how large the position he had to build to seek the greatest benefit.

Soros handed over most of the work of the Quantum Fund to the young and promising Stanley Duqueen Miller two years ago. Duqueen Miller also wanted to build a 3 billion to 40% pounds in response to the UK's fiscal loopholes.

A pound short position of $10 billion, but Soros' suggestion is to build the entire position at around $10 billion, which is also one and a half times the total capital of the "quantum fund", which means that Soros wants to borrow 3 billion US dollars.

Have a big gamble.

Soros raised 3 billion US dollars with a mortgage of one billion US dollars, established a 10 billion US dollars short position in pounds, and used the assets of the quantum fund. Soros raised another 5 billion US dollars, according to 2:79

The exchange rate of the pound was converted into a German mark, and then it began to short the pound, stock market and bonds at the same time.

Quantum funds shorted the pound pound finance as high as 7 billion US dollars, buying US dollars worth of the same mark, and also buying a small amount of francs. After a country's currency depreciates, its stock market price will always rise, and after the currency appreciates, the shares will be held.

It will naturally fall, and Quantum Fund bought another 500 million US dollars of British stocks, and at the same time shorted German and French stocks and bought German and French bonds.

Soros, as Zhu Mingyang remembers his previous life, was sitting in the 33rd floor office in a central Manhattan skyscraper overlooking Central Park. He mobilized $10 billion in a week to bet that the pound would fall.

.And outside his dedicated office is the employee's office area, with banners printed from the printer attached there - I was born poor, but I would not die of poverty.

Soros came to the office just to experience the biggest gambling atmosphere in financial history. Then, he returned to his apartment on Fifth Street in New York, and went to bed after a simple supper.

In response to his speculation, the pound began to fall again, and the Bank of England had already closed one billion pounds, but the closing price was 1:'782, which was only 0.002 mark above the bottom limit of 2.7780.

That night, the British Finance Minister begged the German Federal Bank officials to lower interest rates, but after encountering refusal, Finance Minister Lamont quickly summoned the Bank of England officials to deploy, planning to interfere in the market on a large scale the next day. If it is not possible

It only works, but it can only improve efficiency; but to their regret, just a few hours before the meeting in Lamont, the president of the Federal Bank of Germany, Lesinger, had already accepted an interview with the media, expressing his hope that the lira and the pound would depreciate,

Prepare to defend the French franc.

The next morning, Lamont officially announced to the media that interest rates increased from 10% to 12% with the approval of the Prime Minister to defend the pound, but the pound has not yet shown any rise. The market generally believes that the UK's increase in interest rates is a panic.

, and this incident also met Soros' expected plan.

The Bank of England pulled out US$26.9 billion from its US$78.8 billion foreign exchange reserves to buy pounds, but everything was futile. The exchange rate was still not supported, and the pound was sold in large quantities, like a flood that broke the dam.

As a result, on the afternoon of that day, the UK announced that it would raise interest rates again, from 12% to 15%, reaching the interest rate water when the UK joined the European exchange rate mechanism two years ago. Soros believed that Britain's desperate behavior also showed that the position could not be maintained.

, and at the same time, he was also very encouraged and boldly continued to snatch the pound.

The ending was very dramatic: interest rates increased twice in the morning and afternoon of the same day, until the evening, the pound was forced to withdraw from the European exchange rate mechanism, the closing price of the foreign exchange market in New York that day, the pound exchange mark was 1:'03, and the decline was

'%, far below the lower limit of the European exchange rate system.

The next day, the UK interest rate fell back to 10%. Italy followed the UK's announcement of withdrawing from the European exchange rate system. The next day, the closing price of the pound was 16% lower than the first day. The depreciation of the currency was not only the pound, but the Spanish currency

The Italian lira also depreciated by 22%.

The British financial community called this incident "Black Wednesday". Chancellor Lamont also announced the hike of interest rates twice in a day. The speculative behavior of the entire market for selling pounds completely defeated the Bank of England. Soros is one of the biggest

strength.

When someone is worried, there will be joy. For Soros, that Wednesday was a sunny spring. At 7 o'clock in the morning of Eastern Time, Duquesmiller called to wake up Soros in his sleep: "George,

You just made $9.58 billion.”

It was later also shown that Soros would earn more than 20 billion US dollars from the various things that began to happen on that "Black Wednesday", and most of them came from the pound blockade, and only one billion US dollars came from shorting the Italian lira and Tokyo stocks.

Market income.

As a financial economist in his previous life, Zhu Mingyang naturally knew very well how Soros operated in this blockade of the pound. Naturally, he would not miss such a difficult opportunity, but he is thinking too much now.

I want to make a fortune this time, but now should we help the British government or defeat Soros, or should we join forces with Soros to block the British pound and benefit from it.

Zhu Mingyang remembers that Soros only established a short pound position of 10 billion US dollars to manipulate, and a considerable portion of the money was borrowed. With this little money alone, as long as he wanted to get it in just one month.

The money is definitely more than 10 billion US dollars. With his strong financial resources now, it is definitely 700 to 800 billion US dollars, and there is no need to raise it at all. This means that Zhu Mingyang really wants to go with Soros.

If you work together to make pounds, your profits will be slightly higher than your investment.

The problem now is that making money is easy, but it is a bit difficult to save money. Britain is an old empire, and the CIA in the UK is definitely not a good meal. If you want to find out who is shorting the pound, it is not a good idea.

It is difficult. If you know that Zhu Mingyang used many times more money than Soros to short the pound, Zhu Mingyang would completely offend the British government, which would also affect the return of Hong Kong that the two countries basically reached an agreement. If it is true

If such a problem occurs, Zhu Mingyang's crime will be severe, which may affect the future of people close to him in China. Besides, the domestic security department is not vegetarian, so it can be found out, which will definitely affect your desire.

Plans implemented in China...

No matter how rich a businessman is, he dares not confront a country. Even if Zhu Mingyang's mercenary group is established, he dares not confront a country. Only when he truly forms a global economic empire, he will have

With such strength, he challenged a country. Besides, Li Desheng is now negotiating and acquiring Royal Bank of England. The news from Li Desheng is still very normal. It is expected that the acquisition of the holding stock will be successful. Besides, he already thinks in his mind.

The acquisition of Rover Automobile Company has now been prepared to hand it over to Li Desheng for 100 billion US dollars. If the British government discovers that Zhu Mingyang blocks the British pound, what kind of result will be? It can be imagined with his feet.

If you want Soros to be at the forefront, then the funds used by Zhu Mingyang must not exceed Soros' funds, which means he can only make a little money. Soros earns 20 billion US dollars, but Zhu Mingyang must not

More than this number.

Although this number is small, it is absolutely impossible to make small money if you don’t find it out by the intelligence agencies of the British government. The more than 100 billion US dollars you are planning to invest in the UK will inevitably have great risks.

I'm afraid there is no one who is willing to do anything stupid.

How can we maximize our own interests during Soros's pound event? This is the biggest issue Zhu Mingyang needs to consider now when he comes to London in person. Of course, what Li Zongen in Berlin does not affect

Isn’t this plan meant that the damage inside the dike was compensated for the outside?
Chapter completed!