The more sensitive the Freemasons are to the parts of Chen Dong's operations that involve financial tycoons, the more they will investigate.
A day earlier, Memphis, a Freemason, had heard that the four major families would join forces to short the Korean won.
Considering the recent frequent releases of negative news about the Korean won by hosts on Hong Kong's financial channels, it's not hard for them to guess that others have already been planning this scheme for a while.
The person who orchestrated the scheme not only started accumulating shares in the Korean won market before Tiger Fund, but also collaborated with Tiger Fund after its entry, driving the Korean won down to above 980.
Although the Ministry of Finance and the regulatory authorities of Country H provided strong support and salvaged the situation.
However, the short sellers have clearly not given up and are still lying in wait, waiting for the best opportunity to strike.
Soros was in a meeting at his company, planning to discuss further attacks on the Indonesian rupiah with his subordinates, when Lucy suddenly knocked on the door and came in, looking very rude.
"The boss wants to see you."
His so-called boss was Memphis, but Memphis was only Lucy's boss, not Soros's.
Soros was getting angry at the woman's rudeness and was about to teach her a lesson when Memphis suddenly appeared at the conference room door.
The attendees included high-ranking officials from Yellow River Capital, Quantum Fund, and international speculative capital. Upon seeing Memphis, several of them had a dramatic change in expression.
Not everyone knows Memphis's underground identity, but there are many legends about him in the underworld.
Among the attendees were top economists and international financial magnates who were familiar with the Freemasons, and some had even helped them with shady dealings.
A very small number of people had ever discussed a deal with Memphis face-to-face, so they were all very surprised when they saw him.
The remaining people, such as Cyber and Poro of Yellow River Capital, were unaware of the stakes involved and only knew that Mr. Memphis was one of Soros's partners.
When they saw Soros eagerly following Memphis, they were so surprised that their mouths dropped open.
"Mr. Memphis, what brings you here?" Soros caught up with him in the corridor and asked, "What brings you here? Is it about investing in more Indonesian Rupiah?"
Memphis shook his head impatiently. He glanced around and, seeing no one was watching, slowly said, "A few days ago, the four major families held a grand gathering. They were planning to join forces to short the Korean won. Did you know about that?"
Upon hearing this news, Soros was both surprised and alarmed. "How did you know about such a large operation?"
"I'm curious, how come your intelligence network didn't get a single tip-off on such a large operation?"
Memphis said to Soros quite bluntly, "Mr. Soros, is the intelligence network you spend so much money building every year less informed than the information of a lowly Freemason like me?"
Soros lowered his head in shame. "We've been focusing all our energy on the Indonesian battlefield lately, and we really haven't had time to pay attention to what's going on in Country H."
Upon hearing this, Memphis sighed. "Now that you know about what happened in H country, what are you going to do?"
"Are you asking me to choose between the H country market and the Indonesian market?" Soros shook his head with doubt. "Trying to do two things at once is a cardinal sin in warfare, Mr. Memphis."
Seeing that Soros was unmoved, Memphis snorted and said, "I just wanted to kindly remind you that the person who pushed the four families to join forces again is currently shorting the H country market, and according to our speculation, he is very likely Chen Dong."
"Chen Dong?" Soros was stunned. When he led international speculative capital to attack Hong Kong, it was Chen Dong who first got the four major families to join forces to prop up the market, which made their attack pay a huge price.
The Soros Group broke even in its short-selling of the Hong Kong dollar, and the reason for this situation is Chen Dong.
"I understand, thank you for reminding me, Mr. Memphis."
After several days of appreciation, the Korean won's composite index (KOSPI) rose from 534.2 to 542 points.
The index has risen so sharply in a short period of time, which is obviously the result of domestic financial institutions and commercial banks working together to launch an attack.
At this point, the International Monetary Fund called for the third time, inquiring whether Finance Minister Hong would accept the IMF's aid plan.
Guan Hong is the kind of person who would complain when he gets a good deal, and his deputy is not in H country. At this time, the decision he makes is almost related to the economic lifeline of H country.
Guan Hong rejected the International Monetary Fund, and then solemnly said to Kim Hee-cheol, "If we accept the tiger, we must also accept the jackal."
"The International Monetary Fund is testing our bottom line."
Kim Hee-cheol nodded, clearly impressed. "Understood. We will never allow foreign powers to interfere in our financial market regulation unless absolutely necessary."
Ultimately, the IMF's aid is also conditional.
Guan Hong had served as the Minister of Finance for over ten years, so he had some understanding of the nature of the International Monetary Fund.
Although he urgently needed to boost the H country's stock market, there was one principle he had to adhere to: prevent foreign intervention, especially foreign capital.
Thinking about this, Guan Hong suddenly understood why the Financial Reform Committee of Country H was so sensitive and insisted on removing the Ministry of Finance. It was probably to ensure that the Supervisory Council would maintain absolute independence after its establishment.
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