"You don't even have this much confidence?"
Chen Nan's words were like a thunderclap, leaving Zhou Huimin speechless for a long time.
"I....."
Zhou Huimin opened her mouth, but then realized she had said the wrong thing, so she just kept drinking and didn't talk about the topic.
Chen Nan was surprised; the provocation hadn't worked?
She then looked at Anne, who was no better off, also unwilling to discuss the issue.
It seems that the name Afang has become a thorn in their hearts.
Deep down, neither of them disliked Afang; in fact, they were grateful to her.
But in reality, no woman can tolerate her man keeping a close female friend under his nose, spending every day with her.
Zhou Huimin was very grateful to Afang for taking Chen Dong in after he was assassinated and lost his memory. However, Afang could not take advantage of Chen Dong just because she had saved him.
Besides, even if Chen Dong didn't have romantic feelings for her, didn't Afang have other intentions?
Both Annie and Zhou Huimin were very bothered by Afang's existence, but out of consideration for Chen Dong, they never showed any displeasure in front of him.
On the other hand, Zhou Huimin also felt that her behavior would make Chen Dong think she was petty and jealous, so she preferred to remain silent and swallow her grievances.
Anne and Vivian Chow lowered their heads, looking to one side with deep thoughts.
Chen Nan observed their expressions thoughtfully.
On the other side...
Across the ocean.
An economic crisis has broken out in the island nation, and the four major families have successively withdrawn from the market. However, Robertson, seeing the critical juncture of financial reform in South Korea and believing that the Korean won still has room to depreciate, is reluctant to leave the market.
Robertson's assistant and his traders watched the Korean won plummet, their eyes red with excitement.
"Boss, the exchange rate of the Korean won has dropped to 1041 won to one US dollar!"
Robertson clenched his fists nervously. "Is there still room for it to go down?"
The analyst exclaimed excitedly, "Not long ago, the island nation's largest securities firm collapsed, and a very serious credit crisis has already broken out there."
"The economic cooperation between the island nation and country H is very close. An economic crisis in the island nation will definitely affect country H."
“But…” Robertson said with some doubt, “The exchange rate of the Korean won to the US dollar is already so low. If this continues, even if the Federal Reserve and banks around the world are not doing it for profit, but for the sake of their reputation, they will consider humanitarian aid. After all, H country is not a small country economically.”
In the 1970s and 80s, H country was a strong competitor of the island nation.
Several analysts discussed the matter and reached a consensus: "Even if the Federal Reserve and the World Bank were to launch humanitarian aid efforts, it would take at least a month from negotiation to reaching a final agreement."
This kind of state-level economic aid doesn't consider economic benefits; it's all about a good reputation.
This is why the publicity effect of economic aid is generally greater than the actual effect of participating in the aid.
The Federal Reserve and the World Bank will not do things without a clear purpose.
"Close the position!" Robertson had many years of experience in the stock market, and the sharp decline in the Korean won exchange rate made him instinctively feel the crisis.
The analyst asked reluctantly, "Are we really going to close the position?"
"Close the position immediately!"
By the time Robertson decided to close his position, Chen Dong had already closed out his tens of thousands of short positions.
At this time, the number of buy orders for Korean won in the market is also increasing.
Tiger Fund's analysts and traders acted decisively, placing a short order for 20,000 Korean won.
Such a large purchase quickly caused significant fluctuations in the Korean won stock market.
About two hours later, the buy orders were fulfilled, and Tiger Fund successfully closed out a portion of its positions.
Robert then quickly instructed the trader to place a buy order for 80,000 lots.
One standard lot of Korean won is equal to 100,000 US dollars, and 80,000 lots of buy orders are equivalent to 8 billion US dollars.
At this time, the exchange rate of the Korean won was 1041, and the H country composite index was 513 points.
While anxiously awaiting the liquidation of the position, the analyst soon brought bad news.
"The trade failed! 80,000 buy orders, but not a single one was executed!"
This is undoubtedly terrible news for Tiger Fund, a powerful seller.
“How is that possible?” Robertson grabbed the analyst by the collar. “What are you talking about?”
These 80,000 short orders are Tiger Fund's core holdings, in addition to other Korean won-weighted stocks.
If the market fails to absorb the buy orders, it indicates that heavyweight stocks will also face a sell-off.
"Immediately liquidate all major shares," Robertson ordered.
Soon, the trading hall was filled with the clatter of keyboards and the constant barrage of price quotes, instantly filling the entire space.
“We’ve already set the price at 983, but no seller is willing to take it.”
"What's going on?" Robertson checked the market data again; the market index was still hovering around 500-520 points.
"With such a terrible exchange rate, it's absolutely impossible to offer an exchange rate of 983 won to one US dollar."
"Something must have gone wrong."
Robertson muttered to himself, nervously searching for Korean won spot in the market. Meanwhile, Soros had already taken the first step.
"980.147, search the stock markets of New York, the United States, Southeast Asia, Europe, and all other normally open markets for the Korean won with all your might," Soros ordered.
This chapter is not finished, please click the next page to continue reading!
Continue read on readnovelmtl.com
