Chapter 163: Misfortunes
Chapter 163: The disaster is in the east
At this time, on a hill more than 500 meters away from the highway, a thin and dark-skinned man slowly put the sight of the Winchester M70 rifle in his hand around Robertson's Land Rover. Through the sight, he could clearly see Robertson's iconic bald head. However, his target was not this. His aim was moved downward, aiming at the rapidly rotating tire and pulling the trigger. The rifle, which was once ranked No. 1 in the accuracy of American civil rifles, was shocked, and the bullet was accurately sent into the tire of the Land Rover.
Land Rover is a world-famous British off-road vehicle. In order to improve the design of passive chassis, when a tire suddenly exploded, the body that lost its center of gravity slid uncontrollably to the side. The driver was busy turning the steering wheel to the other side. As a result, the huge inertia caused half of the body to leave the ground, which scared Robertson and others to hold on to the roof and prayed not to overturn. The Lincoln RV not far ahead obviously noticed their critical situation. The experienced RV driver had no time to turn around and reversed directly, rushed to the Land Rover, and crashed towards their unprotected body. He forced the Land Rover back to the road with Lincoln's body like a truck chassis, and forced the Land Rover to drift for a long distance on the road under the action of huge momentum.
The cars on both sides stopped. The bodyguards on both sides showed nervous expressions and jumped out of the car and took out the pistols to aim at each other, especially Robertson's bodyguard. The Glock 17 pistol in their hands were all sweating. The experienced ones naturally knew that the sniper hit the tire with a shot. Obviously, the other party found that someone followed him and took a ruthless move. In Hong Kong, a city where public security is relatively safe, it was obvious that it was not just as simple as no one else. At this time, Qian Yiming's voice pretending to be surprised sounded at the right time: "Is it Robert opposite? I am Peter Qian!" Everyone's nerves relaxed.
A few words resolved the misunderstanding. Qian Yiming invited Robertson to their extended Lincoln. Robertson looked at the Land Rover who was ruined by himself and had to agree. The extended Lincoln is a typical American sedan with an extremely spacious interior space, and five or six people were not crowded. Robertson was still terrified while drinking the 12-year-old Chen Chivas whiskey with ice, and his mind kept turning. Although the scene just now was thrilling, it made him firmly believe that the other party was engaged in a big deal. After all, who needed to dispatch snipers to block the stalkers, who would do this without 100% profit?
Yang Xing looked at the old man opposite him drinking the mellow wine while his eyes were circling around. He knew that he had worked so much effort to finally raise the old fox's appetite. He smiled and stretched out his hand and said, "Sorry, I haven't introduced myself yet. I am Yang Xing from Zhongxing International. I heard that Robert, you are a famous financial expert. Peter Qian praised you. It's better to meet you by chance than to ask me. I have a big plan. Are you interested?" Robertson immediately showed his eyes like a red-eyed rabbit looking at the huge and juicy big Luobu.
With Qian Yiming's deliberate recommendation, Robertson naturally became interested in Yang Xing's goals after confirming Yang Xing's identity as a "magic boy". Yang Xing also told him bluntly that he was preparing to slap his two most beautiful goals in the Asian financial storm - Indonesia and South Korea. He confidently revealed to Robertson that the recent decline of the Indonesian rupiah will reach more than 50%! You must not lose your chances and never come again!
Yang Xing did not intend to fabricate fake news to guide Robertson. He had years of experience in rolling in the financial market, so it was almost impossible to deceive him. However, in the face of the huge opportunity that many traders beat their chests and stamped their feet in the financial storm in their previous life, no one expected that the Indonesian rupiah would collapse so quickly and so big. Yang Xing did not believe that Robertson was not moved. So Yang Xing threw out this big bait in the hope of turning Robertson's attention to the Indonesian rupiah and the Korean won, which would naturally reduce his pressure on the Hong Kong dollar.
Of course, Yang Xing is not Lei Feng. His other thought is that although they have built positions and shorted the Indonesian rupiah early, their connections are incomparable to Robertson. They have average relationships with Indonesian foreign banks and have few positions. If they can talk to Robertson's 20 billion US dollars of Tiger Fund this time, their rewards will be more generous with their background and funds.
This win-win situation finally made Robertson make up his mind. Compared to the Hong Kong dollar sniper battle that could offend the powerful Hong Kong government, Indonesia, which is profitable and weak in the moment, is obviously a better goal. It was obviously not enough time to go on the bus for a short period of time, and everyone went to the Central Office of Zhongxing International in the city for a long time to discuss. Robertson obviously put the connection with Hong Kong multinational banks behind him, and did not even intend to contact his partner Soros. He had no permanent friends in the mall, only permanent interests. This is his motto of life.
Through negotiations with Yang Xing, Robertson found that although the information in his hands still needs to be carefully evaluated by his investment team, he had an intuition based on his years of experience in the financial market. If this young and overly young man's guess is likely to be accurate, Indonesia will definitely make his trip worth it. He was still a little jealous. Can he have such an old vision and the courage to take all at his age?
Recalling the ruthless style of Yang Xing's determination that the Indonesian rupiah fell more than most people expected to do their best to prepare secretly and even shoot for confidentiality. "My assistant of this man is used to describe it as a famous quote from a Hong Kong comic, "Jin Lin is not a thing in the pool, it turns into a dragon when it encounters wind and clouds. He is a man who wants to become a dragon!" Many years later, Robertson described his feelings after seeing Yang Xing for the first time in his memoir.
After successfully induced Robertson's disaster to the east, Yang Xing also looked at the currency depreciation craze for all Southeast Asian countries. Starting with the storm on July 21, the Asian financial crisis quickly spread from Thailand to other Southeast Asian countries, from the foreign exchange market to the stock market. Under the influence of the fluctuations of the Thai baht, the Philippine peso, the Indonesian rut and the Malaysian ringgit have successively become the targets of attacks by international speculators.
On July 29, the Malaysian stock market index fell to its lowest point in 18 months. On August 11, Indonesia and the Philippines expanded the floating range of their currencies. Central banks of the Philippines, Malaysia and other countries directly interfered in the foreign exchange market and supported their currencies, but were unable to make a comeback. On August 4, the governor of the Bank of Thailand, Malaria, was forced to resign, and the new central bank governor, Kat Watt, took office. On August 5, the Bank of Thailand decided to close 42 financial institutions, and the Thai baht collapsed completely. Malaysia then announced that it would give up its efforts to defend the ringgit, and even the Singapore dollar, which has always been strong, was hit and depreciated slightly.
On August 25, the Indonesian Ministry of Finance and Indonesian Bank jointly announced that it would abandon the exchange rate policy of nailing the US dollar and implement a free floating exchange rate system. The Indonesian rupiah fell sharply by 55%. When the Indonesian rupiah fell below 50%, the whole of Asia heard a scream. The Asian economic miracle from the 1980s to the late 1990s was completely over in a few months. The labor wealth of several generations was looted, and the middle classes in various countries lost all their savings in the stock market and banks almost overnight. The unwilling hedge funds had no intention of stopping, stretching out the wings of the vulture to continue hunting for the next target, focusing on South Korea, Hong Kong, Taiwan and other places.
Soros, who is in the United States, has reached its peak after being praised as a perfect defeat to Southeast Asian countries, but he feels a little regretful, because he knows that the Indonesian battle not long ago is not perfect. His traders report that they suffered losses in Indonesia because they overestimated the Indonesian government's tolerance and built short positions conservatively. At the same time, there are speculators who sell short positions on a large scale. They naturally suffer losses in the same short-side market and even lose some money. When he also learned that the other party was his former partner, Tiger Fund, he was both hated and jealous. Robertson made a net profit of more than $3 billion in this battle. He really didn't stop killing acquaintances!
He immediately remembered that some time ago, because the Hong Kong government cracked down on financial speculators, Robertson went to Hong Kong not only not to regain the decline, but instead shot a shot and attacked the Indonesian rupiah. It seemed that there was a force behind this that was being manipulated in secret. He felt upset and the enemy standing in the dark was the most terrifying. He stood up and called his secretary, "Mary, book a few air tickets to Hong Kong, I want to go there as soon as possible."
At this time, Yang Xing was not at all concerned about the financial tycoon Soros. Although he made a lot of money in Indonesia with Robertson and added $1 billion in profits in his foreign exchange account, it was just paper wealth. He needed to convert them into substantial benefits. He was busy taking advantage of this crisis to buy back the shares sold to Broadcom and his own companies in the related consortiums.
After the Asian financial crisis broke out on July 21, Baifuqin Group fell into a storm. As Baifuqin invested heavily in the Southeast Asian bond market, the sharp depreciation of the currencies of Southeast Asian countries and the excessive expansion of the Asian bond market caused Baifuqin to fall into financial difficulties. Among them, a large number of Indonesian bonds held by Baifuqin Group were even more hit. The sharp drop in the Indonesian rupiah caused the losses they suffered by unprepared amounts to US$400 million.
William Deng and Xu Weili had long lost their domineering demeanor at this time. Through the glass window, they seemed to see the bustling Central Commercial District outside covered with a miserable mist. In the past few days, there have been news that speculators have lost all their money and jumped from the high-rise buildings here. Although they have not yet reached this point, they are also sad and confused. Yang Xing's sudden visit at this time did make them suddenly feel that they saw a ray of light in the dark, and then they remembered that Bai Fuqin had invested billions of Hong Kong dollars in Zhongxing International. If they could recover all the original prices, they could naturally solve the current dilemma.
But when they saw the irresistible smile on Yang Xing and Qingqi's faces, their excitement was half cold. When they carefully observed the row of famous Hong Kong accountants, lawyers and appraisers behind Yang Xing, their hearts fell completely to the bottom. There were much more icing on the cake in the mall, and fewer timely help. The other party's posture was obviously a drop in the wrong place, and they wanted to buy back the stocks of Zhongxing Enterprise in their hands when the Hong Kong stock market plummeted.
They remembered Yang Xing's behavior of getting in touch with him last year, and even gave up the company's controlling interests to raise cash. They suddenly realized that the young man in front of him had been digging traps for him, step by step. It's ridiculous that they think they have rich experience and want to retake each other! From beginning to end, they were dancing with Yang Xing's footsteps, but could Yang Xing really predict the situation today, and prepared all this before going public last year? They were a little chilling when they thought about it.
Chapter completed!