Hollywood Starts with Animation
Chapter 116
July 1, 9 a.m.
Wall Street, gale capital investment company.
"Is everyone here?"
In gale capital''s conference room, Zucker sits at the top and looks around.
"Boss, all 23 employees of Finance Department of gale capital are in place now."
The man who spoke was Henry eugenberg. He is a 45 year old Jewish with 20 years of experience in the international financial industry. He is a senior investment manager and is now the president of gale capital.
Gale capital?
Yes, it also belongs to the company under the name of Zhuke!
In the United States, especially on Wall Street, there are many star like investment companies. As for obtaining the financial industry license, only the rich can get several companies a day. Therefore, it is very easy for Zhuke to obtain a company with a financial license.
For more than $1 million, Zucker became the boss of gale capital.
What''s more, it happened three months ago. When he knew about the Asian financial crisis, of course, he was very attentive, so he arranged for admission early.
"Henry, now tell me, how much foreign currency do we have so far?"
Zhu Ke said in a deep voice.
Hearing this, Henry eugenberg said in a deep voice: "boss, up to now, we have raised a total of 2 million US dollars worth of Thai baht, 800000 US dollars worth of Singapore dollars, 700000 US dollars worth of Indonesian rupiah, 1.5 million US dollars worth of Japanese yen, 900000 US dollars worth of Korean won, and more than 3 million US dollars worth of small currencies of Southeast Asian countries and regions. The total foreign exchange currency is more than US $8.9 million. "
Zucker nodded.
At the same time, I also calculated in my heart.
For the Asian financial crisis, Zhuke has prepared a total of 20 million US dollars. Now, it has converted 8.9 million US dollars and 11.1 million US dollars of reserved capital.
Of course, Zhuke also prepared a large amount of deposit in advance, otherwise the bank will not provide you with leverage.
"Enough!" Zhu Ke said in a deep voice.
Is that enough?
Of course, that''s enough!
In fact, Zhuke is not unable to invest more money. One time out of 50 million U.S. dollars, or even 80 million U.S. dollars, can also be done, but Zhuke dare not do so!
The risk of speculation in foreign currency is too great!
The financial market is changing rapidly, and it is unpredictable.
Even if you are a passer-by, familiar with the whole process of the Asian financial crisis, and accurate to 0.1 decimal point, those financial giants with billions of capital are not fools! On the contrary, they are smart. With their ability, they can quickly find the market changes, and in a very short period of time, make hundreds of plans of adjustment, can easily wash away all your funds!
Therefore, even if Zhuke prepared hundreds of millions of dollars of capital, it is useless, but more dangerous!
Moreover, if you have too much money, it is easier to attract the attention of many international foreign currency buyers, and the result will be counterproductive.
It''s not up to juke to act carelessly!
"Now, I announce that from this moment on, all means of communication, such as mobile phones, telephone calls, e-mail and instant messaging, will be shut down for at least a week."
"All the import and export of gale capital are guarded by the security personnel arranged by me."
"All living materials are also arranged by my people."
“OK?”
Zhuke''s sonorous and powerful words fell, and more than 20 people on the scene nodded.
These ordinary people''s seemingly extremely harsh conditions are normal speculation in their eyes.
Well, normal operation.
With the order of Zhuke, the whole conference room fell into an extremely calm state.
.......
The next day.
Before the opening of the foreign exchange market... Oh no, generally speaking, the foreign exchange market is different from the stock market. It doesn''t stop trading for nearly 24 hours.
On this day, Zhuke issued the first order, investing $3 million to short the baht.
"Using 100 times leverage, 3 million US dollars investment, converted into 300 million US dollars worth of foreign currency, 1% bank margin." Chuckland said.
WOW!
A stone stirs a thousand waves!
"Boss, is 100 times leverage too high? How about 10 times leverage first?" A senior trader said immediately.
"No! 100 times leverage! "
Zucker is determined.
Henri, President of gale capital, agrees with Zhuke''s decision. He said: "I support the boss''s decision. Now the financial market in Thailand is too hot. I have noticed that a large number of international hot money has poured into the Thai market in the near future. I speculate that there is a 60% possibility for them to operate short like us. This is a once-in-a-lifetime opportunity."
"Moreover, with the impact of Thailand''s real estate bubble, Thailand''s financial market has been very unstable. Thailand authorities will certainly adjust the foreign exchange ratio. This is our chance!"
Hearing the speech, Zhuke praised Henry loudly.
Henry wasn''t a passer-by. He was completely on his own.
Immediately, other people on the scene also had a lot of voice support.
In fact, Zhuke is relatively calm. Today, however, many international foreign exchange buyers use leverage up to 400 times to operate.
.......
It wasn''t long.
The Thai authorities held a press conference to announce the abandonment of the fixed exchange rate system and the implementation of the floating exchange rate system!
As soon as the news came out, Zhuke was ecstatic!
no
To be exact, all the international foreign exchange buyers in Thailand are crazy.
This is to get rich!
For a while, billions, billions and hundreds of billions of dollars of capital poured into Thailand''s foreign exchange market. Of course, Zhuke joined in.
17%!
As the Thai authorities did not have enough US dollar preparation, the exchange rate of Thai baht against US dollar dropped by 17% in less than one day, and the foreign exchange and other financial markets were in chaos.
The whole Thai foreign exchange market has become a feast for countless international foreign exchange buyers!
"Boss, we''re rich!"
"In just one day, the baht has depreciated by 17%. It''s not hard to imagine how crazy the market will be in the future!"
"Yes, if the Thai government does not have enough foreign exchange reserves, it will not be able to cope with many financial tycoons. Many people will rush to bite the next big fat meat."
Henry eugenberg and others were very excited.
They were excited. How could Zhuke not be?
In less than one day, Zhuke made tens of millions of dollars. Is there anything crazier in the world?
Even if there is, Zucker doesn''t want this at all now!
It''s crazy!
"Guys, don''t let your guard down!"
Zhu Krona said: "the fat meat in Thailand market has just begun. Next, we will adjust the leverage and operate it with 10-30 times of the leverage to prevent it from being washed out by the tycoons and oligarchs. Guys, this is just the beginning. It''s not hard to speculate that in addition to the Thai market, Singapore, Indonesia, the Philippines and other Southeast Asian countries are bound to become battlefields! "
"Yes, boss!"
Everyone responded in unison.
They are also very excited now, the boss makes money, they can also get more dividends.
meanwhile.
Many big investors on Wall Street and many foreign exchange buyers are celebrating at this moment.
Gluttonous feast!
They are all crazy into the Southeast Asian market!
"The first watch" is presented.