Having just experienced the unexpected incident, Li Baolong returned to the hotel, utterly exhausted and unable to think about anything, and immediately went to sleep. The next day at noon, while he was having breakfast at the hotel, he noticed a large group of people noisily entering. Li Baolong glanced around and immediately spotted Ross in the crowd, thinking to himself, "The big fish has finally arrived."
Li Baolong returned to his room, and sure enough, room 808 next door was occupied by Ross's entourage, while rooms 888 and 868 across the hall housed Ross and his assistant—a total of eight people. Li Baolong's room, 818, was a deluxe suite, just like the rooms across the hall, very spacious, easily accommodating three or four people.
He calmed himself down and used his spiritual sense to survey his surroundings. He discovered Ross and his assistant in the opposite room, whispering amongst themselves, their conversation unclear. After a while, the group left the room and went downstairs. Li Baolong knew they were going to meet with a nearby financial intelligence broker to discuss intelligence matters. He, however, wasn't in a hurry. He leisurely strolled downstairs, waiting to see what kind of drama would unfold that evening.
In the evening, Li Baolong returned to the hotel, carrying several boxes of seafood and a few cans of beer, all of which he had packed from the seafood restaurant. He planned to eat and drink there while waiting for Ross to return, so he could see what Ross was thinking and what his plans were after meeting the broker.
Around midnight, Li Baolong heard Ross and his group returning. Ross and his assistant went into their room and locked the door. The two discussed how to begin their preparations for the next day. Li Baolong observed them from inside using his spiritual sense. After half an hour, he saw his assistant go to wash up. Ross, who had flown from Japan for several hours and was exhausted, lay down on the bed and started reading.
At this moment, Li Baolong activated his spiritual power, using his spiritual sense to awaken the imprint in Ross's brain and then search his memories. This search revealed something significant. After learning Ross's plan, Li Baolong thought to himself, "This method is truly ingenious!" It turned out that Ross and his group planned to short the Thai baht. Currently, the exchange rate was 25 baht to 1 US dollar. Their plan was to short the baht, causing the exchange rate to become 38 to 1, thus securing a difference of over 30%. Moreover, in the futures market, both going long and short are permitted, making this a legitimate and legal way to profit. Thailand has $40 billion in reserves; this one-third difference amounts to over $10 billion. Li Baolong thought to himself, such a large sum of money is certainly tempting, but he couldn't just watch Ross and his group succeed; he had to make them lose more than they gained.
The next morning, Li Baolong called Liu Na and said, "Have all the company employees work overtime today; we need to prepare to establish positions." He then granted her full access, and Liu Na, without hesitation, personally followed Li Baolong's instructions and began buying short contracts for the Thai baht index. She placed small orders of one million US dollars at a time, gradually buying in batches, and even used twenty times leverage. Twenty computers were operating simultaneously, continuously buying short futures contracts.
About an hour later, they had already bought contracts worth ten billion US dollars. Li Baolong then activated his spiritual sense to control Ross's brain again, and discovered that they had detected someone else shorting the Thai baht. However, Ross and his group were not willing to give up so easily and planned to strike first, intending to buy a large number of short contracts.
While keeping an eye on Ross's movements, Li Baolong also called Liu Na in Hong Kong to inform her of the operational steps, urging her to expedite the purchase of short contracts. This flurry of activity resulted in the purchase of another $20 billion within half an hour. Meanwhile, Ross's team had already begun a massive accumulation of shares. The two sides were locked in a fierce battle, vying for control of the market.
This commotion caused the Thai baht to plummet, dropping from 25 to 1 to 30 to 1. Upon seeing this, the Bank of Thailand quickly suspended trading for the day and announced some positive economic development news.
At this point, Li Baolong had already bought contracts worth $40 billion, and he had also bought an additional $20 billion worth of Thai stock index futures and $10 billion worth of Hong Kong stock index futures. This left him with only $10 billion worth of futures trading rights. Keep in mind that this was all leveraged 20 times; if the loss exceeded 5%, Li Baolong would be completely bankrupt.
Ross was incredibly frustrated today. His decision to buy $10 billion was a no-brainer, so he decisively placed an order, with plenty of funds still waiting to build his position. Who could have imagined that someone would suddenly intervene and steal his money? The key was the precise timing of that person's purchase; Ross and his assistant were dumbfounded, wondering if there was a mole among them.
But as soon as the idea popped into his head, Ross rejected it. Why? Because this purchase was ordered by them together via coded phone call. After so many years, they knew each other inside and out, their cooperation was mutually beneficial, and they trusted each other completely.
Ross felt utterly exhausted, as if his every thought had been laid bare. He sighed helplessly and said, "I'll just go with the flow when the market opens tomorrow morning. As long as I don't lose money, that'll be fine." Then he went to sleep.
Li Baolong thought to himself, "Judging from this situation, if nothing unexpected happens, my plan to intercept the deal will definitely succeed. I have to say, that Ross is really something, both brave and resourceful. But no matter how capable he is, if it weren't for my ability to read minds, no one could stop him from making money."
As he pondered this, he began to plan his next move. "I'll find an opportunity tomorrow to sell all the contracts and cash in first. I'll leave the rest of the mess to Ross and let him deal with it himself. Ross may not have made as much as he expected this time, but at least he can walk away unscathed and avoid losing money."
Li Baolong sat there, his mind perfectly clear. He knew very well that Ross and his gang weren't the type to swallow this insult easily. They would definitely find a way to retaliate against these smaller Asian countries after this incident. To put it bluntly, wiping out their financial markets wasn't something they couldn't do. Ross, that guy, was resourceful and ambitious; he was bound to become a big player in the future. Li Baolong could already foresee that the international financial markets would be anything but peaceful in the coming years. Ross and his group would definitely stir up trouble, unleashing wave after wave of bloodshed, and countless people would suffer as a result.
(The 1997 Thai baht short-selling incident was very complex and triggered the Asian financial crisis. I have tried to simplify it to make it easier for everyone to understand. I hope readers who understand stock and futures trading will not take it too seriously. In short, just make money. I wish you all good fortune.)
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