This time, Soros will not allow the Thai baht to rise again. The candlestick chart in the trading market is desperately resisting, but as two waves of funds dump their shares, a large amount of follow-up funds rush in, and the trading volume is soaring, but the price keeps falling.
An hour later, the Thai baht had plummeted by three percent.
Don't underestimate this 3%; it's equivalent to the entire Thai people having 3% of their wealth plundered in just one hour.
The Thai foreign exchange authority, seeing the continuous sell-off of Thai baht, hurriedly reported to its superiors that the volume was indeed too large, and such a large selling pressure was definitely a large-scale currency attack.
The answer given above is to stabilize the exchange rate at all costs.
A dozen minutes later, the Bank of Thailand intervened, releasing $100 million into the market to buy up Thai baht, causing the previously falling baht to rise again.
"They've all been eaten!" the trader said, looking at the screen.
"Keep selling! Let's test the waters today and keep the Thai baht price within one percent of its previous drop." Soros instructed several traders, "Sell 50 million baht and see the market reaction."
As large orders were placed in batches, they were instantly snapped up by buyers. Then, followers began to emerge, with multiple accounts selling Thai baht worth 20 million US dollars in batches, completely shattering the defenses built by buyers with 100 million US dollars.
The intense battle lasting several hours drew the attention of many to the Thai baht, with trading volume increasing from tens of millions to nearly 400 million. By the close of trading, the baht had fallen slightly by 0.7%.
A few hours after the market closed, various financial media outlets once again discussed the Thai economy, with some financial commentators appearing on financial programs to talk extensively about Thai industries, debt, and foreign exchange reserves.
At the same time, in a luxury apartment in Manhattan, New York, Zhang Fengxia was dressed neatly and looked a little plump. Next to her was a pink little baby in a cradle, staring at her with wide, curious eyes.
"So cute!" Jiang Xiaoyan exclaimed, staring intently.
“You have no idea how ugly she was when she was first born. When the nurse showed her to me, I didn’t even want her.” Zhang Fengxia kept a close eye on Jiang Xiaoyan’s expression.
Jiang Xiaoyan touched the child's face, feeling nothing but affection for the child, and casually asked, "Have you named him yet?"
"At first they said Shao Shao, but later they changed it to Miao Miao."
“He’s never been good at naming things. Come here, let me hold you!” Jiang Xiaoyan picked up the little one and said with a smile, “I’ve never comforted such a tiny baby before. Duoduo was already quite big when she came home. She just cried at first. Does childbirth hurt?”
"I think it's going well, things are going smoothly, and the medical and other facilities are good." Zhang Fengxia didn't want to talk about this topic, so she asked, "Huasha is doing very well now. I told you back then that you would definitely succeed."
“It’s tiring to be alone. This year I’ve changed some management personnel, and we’re also busy with various overseas training programs. We’ve also expanded the R&D department. Actually, I’m just learning by doing from Jiafeng. He talks about the company’s practices at home, and I’ve basically copied them all, except that the scale is smaller.” Jiang Xiaoyan slowly put the child down and sighed, “Living with him is the only good thing.”
Zhang Fengxia stood there, unsure of what to say, and simply smiled, a smile tinged with bitterness.
Jiang Xiaoyan clearly sensed her thoughts and casually said, "It's okay, I'll be moving out soon, and you can move in then. If it weren't for Duoduo, I would want to focus all my attention on the company right now."
“Sometimes, pushing yourself too hard isn’t good; it’s exhausting!” Zhang Fengxia said.
"It's good to be tired. When you're busy, it gets dark before you know it. If you're cleaning at home, it feels like you're in prison."
Neither of them spoke. A few years ago, Zhang Fengxia would never have dreamed that she would one day yearn for the life of a housewife, and Jiang Xiaoyan, many years ago, dared not imagine that she could easily leave the home she had risked her life to protect.
Things that we once cherished like our lives can be so easily let go after the passage of time, as if the firmness and vows we once made have been blown away by the wind.
Domestically, Lu Feng spent a week getting a basic understanding of the company's situation and made adjustments to some of its subsidiaries.
The group's management is increasingly disregarding Lu Feng. Goodley's parties are very successful, and it is said that management who do not attend these parties are no longer able to integrate into the circle. They have formed their own circle culture, and if they want to get things done smoothly in the company, they have to attend the parties.
Everyone in the group, from senior management to top management, knows perfectly well that Lu Feng is just a grasshopper in autumn, he won't be able to jump around for long. Once the end of the year comes, this company will become a purely foreign-invested enterprise.
Many people have heard that once you become a foreign-invested enterprise, your working hours will decrease, your salary will increase, and all kinds of benefits will be comprehensively improved.
Although Jiafeng is still the highest-paid company in China, the entire group is very dissatisfied with the workload, and sarcastic remarks often emerge during meetings.
Lu Feng no longer wanted to manage it, nor did he have much ability to manage it. The entire management team was caught up in the wonderful fantasy of foreign capital.
Right now, his most important task is dealing with Duo Duo's affairs. In the office, a middle-aged female teacher wearing glasses poured Lu Feng a cup of tea, sat down, and politely said, "Mr. Lu, you want to know about Duo Duo's situation, right?"
“I didn’t want to come, but I felt the matter was really serious and I had to come. How is this child usually doing at school?” Lu Feng asked first about the situation at school.
"She's very active, has good grades, and is very quick-witted. She's even the class monitor now." The teacher was clearly very satisfied with Duoduo.
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