"Both sides are looking for a balance. China wants to develop, while we are seeking absolute dominance in Asia. This is the current situation. As far as I know, China will not surrender. Hong Kong has just returned, and doing something like this would provoke strong resistance from the other side. This is why they told you to get it done before October. I believe they already have a timeline."
"If you want China to make concessions internationally, you need to offer tangible benefits. Whether it's the Asian seas or the Thai baht incident, the impact is not significant. They've been spending so much time in Asia, they're unwilling to invest too much more. In my opinion, it should happen in October. To be honest, this is really a lack of strategy!"
Soros already understood that these Wall Street firms were responsible for the initial assault, and even if they eventually breached the Hong Kong dollar, he would at most be left with the scraps; the lion's share of the profits would go to the higher-ups.
But if you fail, you'll be the one who loses.
"Thank you so much, I'm sorry to bother you!" Soros said politely.
The two sides then exchanged a few more words about the situation in mainland China. The other side reminded them that mainland China is a sovereign country, and secondly, that they have financial controls, unlike places like Thailand or Hong Kong where capital can flow in and out at will. Every transaction is subject to approval. In addition, they currently have good relations with some countries, and can issue national bonds and borrow US dollars from other countries when necessary.
This means that once a war breaks out, they will fight you to the death, and anything Washington says will be ignored on the other side.
After hanging up the phone, Soros understood that this time he had to go for it, but he couldn't just rush in blindly!
We have to charge because it's a mission, but we can't just charge recklessly because their firepower is strong. If we charge too far forward, we'll definitely be the first to die.
On the same day, Quantum Fund submitted its financial statement, stating that most of its funds were in futures and commodities, and that it had also suffered a loss in Thai baht. It could only raise 500 million yuan, which, when leveraged tenfold, could be used to obtain Hong Kong dollars worth 5 billion US dollars.
Goldman Sachs wasn't very satisfied with the figure and called to discuss it at length. Tiger Fund had put up $2 billion in principal, leveraged tenfold, bringing the total to $20 billion.
Soros said he had done his best, and besides, with such a large amount of capital, he wouldn't be short of his money.
In Hong Kong, Lu Feng's days became more leisurely. Hong Kong news was like a hurricane; today everyone was watching Zhang San go to the toilet and not wipe his butt, and tomorrow they might be busy with Li Si and his daughter-in-law's little affair.
I received many invitations to dinners, but I declined most of them, except for some important dinners in the financial industry.
To learn more about semiconductors, he recently bought a lot of books and also enrolled in several tutoring classes to study the semiconductor industry, so that Liu Cheng wouldn't be at a loss for words when they chatted.
Manager Liu's small team of ten people was very comfortable. Every day at work, they would keep an eye on the stocks of United Capital, prepare a weekly report, and not do any trading. They would just sit together and chat, and sometimes even play cards.
The ten people were so bored that they felt uneasy, afraid that Lu Feng wouldn't pay their salaries later. Last time, Lu Feng only mentioned building a position, but he didn't say how much to buy. The ten people chatted for a while and decided to make a phone call to ask.
As the teacher was explaining the principles of photolithography in semiconductors, Lu Feng's phone rang, and all thirty-odd students in the tutoring class stared at him.
"Excuse me, I need to take this call!" Lu Feng chuckled awkwardly, stood up, and walked out to answer the phone, saying, "Who is it? I'm in class!"
"Mr. Lu, it's me, Xiao Liu. You mentioned building a position last time. How much should we buy for the initial position?"
"Buy 100 shares! That's it, the order is closed!"
After Lu Feng finished speaking, he hung up the phone and went back to his class. The teacher on the podium looked at Lu Feng and said, "Mr. Lu, try not to answer the phone. It will disturb the other students. They are all preparing for their doctoral entrance exams!"
"I'm sorry, but to express my apologies, students who pass the postdoctoral exams can come and work for my company!" Lu Feng said with a smile to everyone.
Continue read on readnovelmtl.com
