The Son of Finance of the Great Age

Chapter 799: Reactions from all parties

  Chapter 799 Reactions from all parties

   Tianyu Fund made a big move, and soon the news spread in the market, and sellers came to their door in an endless stream. Before the close of US trading hours, they not only exchanged all dollar assets into euros, but also closed some option positions, and even established a large long euro position.

   "Mr. Zhong, what is going on?"

  After the market closed, Paulson was the first to call. Without a word of greeting, he went straight to the point, "I heard that you are buying euros like crazy in the market. Is this true?"

"good!"

Zhong Shi looked at the phone, and another call came in at this time, it was Ackerman, and he picked up his call casually, and the three of them started talking on the same line, "Tianyu Fund is attacking across the board today. , In addition to being long on the euro spot, at the same time, it is also gradually clearing the euro short options on hand, and fully turned to being long on the euro.”

"what?"

  Both Ackerman and Paulson were very surprised. At this time, other people also called one after another. Zhong Shi simply connected everyone to the same line and repeated what he said just now.

"what happened?"

  Dairio asked, "Could it be that the situation in Europe has improved, or has our operation terminated?"

"Now there is public opinion in Germany to withdraw from the euro zone, and it is getting higher and higher. France is also experiencing problems. Although nothing can be seen so far, as long as this high-pressure public opinion situation is maintained, they will inevitably fall into a debt crisis sooner or later. There are also some countries in central Europe, led by Hungary, where a debt crisis can be said to be highly probable. Under such circumstances, why did you stop?"

   Jim, who has always been a loner. Chanos made a long phone call for the first time, analyzed the current situation, and then asked inexplicably, "Tell us your logic, Mr. Zhong, what is going on here?"

   "Gentlemen, you don't really think that what happened in Germany and Hungary was accidental?"

Regarding these questions, Zhong Shi did not answer immediately, but asked lightly, "Europe has already introduced a rescue mechanism, and the United Kingdom has also joined it. If there will be no major breach of contract next time, what is the current situation in Europe?" It is already difficult to reverse. So I think the risk of a large-scale debt crisis in the next stage is unlikely to happen again, and some countries may still have trouble, but the overall situation of the euro is basically over."

"and many more!"

  Jim. Chanos reacted quickly, and immediately realized the meaning behind Zhong Shi's words, "Mr. Zhong, you just said that the phenomenon in Germany and Hungary was not accidental, so what's going on? Oh my God, it's not all because of you. Was it manipulated from behind?"

   Hear Jim. At Chanos' words, everyone immediately came to their senses and gasped.

  If it is said that Zhongshi is behind the manipulation of Hungary and Germany, it is not difficult to understand why he is in a hurry to exchange all the US dollars on hand for euros today.

  As soon as they thought about the whole thing, they broke out in a cold sweat at the same time. A few days ago, they had received Zhongshi’s order to close their positions. If they didn’t rush in to sell short positions today, the subsequent rebound would definitely swallow them up.

   "Why don't we know?"

  After the horror, there was naturally anger. According to today's closing price, the positions of everyone online can increase by at least tens of millions of dollars. Feeling betrayed, Paulson was the first to jump out. Although he didn't dare to get angry at Zhongshi, anyone could hear the anger in his words, "Aren't we a team? Why are these things we do not know?"

  Although the other people did not speak, no one jumped out to refute Paulson's words. Obviously, they also felt deeply betrayed in this matter.

   "Have you lost anything?"

Zhong Shi didn't think much of it, and just said a few words, extinguishing Paulson's anger, "Now that the funds on hand are exchanged into US dollars, it's just a small loss of profit, so you plan to make a deal with me. Turn your face?"

   At the end, he was already stern, "The most important thing is, didn't you all betray me a few days ago? Now that everyone has come and gone, it's evened out."

   "..."

   Paulson was like a duck being strangled, unable to speak a word.

  The others also didn't speak, but they were horrified inside. Although they betrayed Zhong Shi two days ago, they were really greedy for profit. Although Zhong Shi helped them out later, they also thought the matter was over. But in fact, Zhong Shi did not completely expose this incident, but did another thing that stirred up the market after notifying them to close their positions.

  If they didn't call, it is estimated that Zhongshi would not tell them that the market may reverse. And once the euro rises, the floating profit of options on hand will start to decrease, and may even result in a loss in the end.

  Thinking of this, everyone felt a chill rising from the soles of their feet, and the scorching summer afternoon seemed to turn into a scorchingly cold winter in the twelfth lunar month.

  His scheming is too deep!

   This is on everyone's mind.

   But the saddest thing is that they are still on the same boat. So far, Zhongshi has no intention of abandoning them, and they still have to rely on Zhongshi's strategy and means. So even if Zhong Shi took action to punish them, they dared not speak out.

   "Gentlemen, any more questions?"

Seeing that the atmosphere fell into silence, Zhong Shi showed a satisfied expression on his face. He was very clear that his goal had been achieved, and after leaving a few minutes for everyone to fully think, he pretended to be okay and asked, " If there are no questions, that's the end of today's conversation."

"and many more!"

Delio said, "Mr. Zhong, I understand what you mean. The previous incident was indeed that we were not kind enough, and now we admit it. As you said, it is fair. But what I want to say is, I don't want this to happen again. When are we not a team?"

"Yep!"

Paulson quickly echoed, "This matter is really..." He thought for a while, but couldn't find a word to describe it accurately, so he had to give up, "It's best not to have such a thing happen again. ’ he said finally.

   Others also expressed their opinions one after another, with similar meanings.

"it is good!"

After the goal of beating the other party was achieved, Zhong Shi naturally didn't want them to be wary of him. Although grudges were inevitable, he didn't think much about their feelings at this time, "Starting from the next trading day, everyone Close out the short-selling options in the market as soon as possible, and accept it when you see it. In addition, I will notify everyone of short-term trading, so let it be!"

   Before anyone could speak, he hung up the phone decisively.

  Hearing the beeping sound, the rest of the people looked at each other, and hung up the phone after a while.

  …

   While Zhong Shi and others were having a conference call, a conference call was also going on quietly in Europe.

   "Current statistics include Quantum Fund, Castle Fund, Bridgewater Fund, Commodity Fund, Paulson Fund, Pershing Square Fund and many other top hedge funds in the United States."

A man with a deep voice was talking on the phone, "These are the institutions that sold large amounts of euro spot in the market two days ago when Spain was downgraded. They have a common feature, that is, the amount of a single transaction is large. well above the market average."

   "So what's your conclusion?"

  A female voice with a firm and undeniable tone sounded at the same time, "What can these institutions explain?"

   "Leaving aside the investment banks that we have been criticizing all the time, these institutions should be the culprits for the recent plunge in the euro!"

The male voice was taken aback for a moment, and then quickly explained, "There is another very strange phenomenon. According to our contacts with Bank of America and investment banks, they have not exceeded the usual transaction quota, which means that in Spain When there was a banking crisis, they didn't know about it, or they weren't involved in it."

"Combined with this crucial point, we can conclude that the institutions that have been making waves in the market, in addition to the US investment banks we have been blaming, also include the hedge funds I mentioned above. In terms of means and ruthlessness, These funds are far more excessive than investment banks, after all, investment banks still have business throughout Europe, and these funds are like termites, devouring everything and running away, leaving only a mess."

  After the male voice finished speaking, there was silence on the phone, and no one spoke for a while.

  After half a day, another sharp male voice asked: "What method can we use to stop them, or punish them? Is it through economic sanctions or legal trials?"

   "Hard!"

The thick voice hesitated for a moment, and finally said helplessly, "At least so far, we haven't caught any handles on them. The way to pass the statement is almost non-binding. I don't recommend it, because there are still It will cause resentment in the market.”

"and many more!"

  The female voice sounded again, "I understand what you said. But I said that if a country flagrantly breaches the contract, will they be wiped out?"

   “A flagrant default by a country?”

  The thick male voice was stunned, and after thinking for a while, he asked tentatively, "This will definitely work, and it can kill them all, but the question is which country will do this? The price is too high."

   "You don't have to worry about this!"

  The female voice just said a word, and stopped talking, "Also, what happened to Hungary? Does anyone know?"

   "A high-ranking member of their party is just talking nonsense!"

Another hoarse voice sounded, "It should be related to internal struggles. They wanted to pass the economic pressure on to the previous government, so they made up such a lie. I have negotiated with their government, and their debts remain unchanged." At a reasonable level, it's not at all as serious as Greece."

   "But their words have already attracted the attention of the market!"

The female voice said unrelentingly, "I don't want to see any accidents happen at this time. Tell the Hungarian government that if they still want to join the Eurozone and stay in the EU, don't make trouble at this time. Otherwise, no one can guarantee that it will happen." What happened."

   "What do you want them to do?"

  The hoarse voice was silent for a moment, and finally asked with a bit of bitterness, "I will tell them your opinion truthfully."

   "Settle this matter as soon as possible!"

The female voice said in an unquestionable tone, "I can understand their internal situation very well, but it is better not to make this contradiction public. Tell them to issue a statement to stabilize the market as soon as possible, and at the same time warn them that it is best not to have a statement next time." Something like that happened."

"understood!"

   replied in a hoarse voice.

   "One more thing!"

The first thick male voice took the opportunity to say, "Just today, a fund in Hong Kong bought a large amount of euros, the amount exceeded 5 billion. I have been wondering whether this fund is as full of euros as the institutions in the United States. malicious."

   "5 billion euros?"

  The female voice sneered disdainfully, "And it's a fund in Hong Kong. What can they do? Don't want to stuff all cats and dogs in. What I want is the main institution. Remember, it's the main institution!"

   Thanks to book friends squinting at the sun, cattle herding class, melodyli88, reaching out to touch the sky, gengus, panthernd for voting monthly! There are also many book friends who have not mentioned it, and I would also like to express my gratitude! It’s almost the end of the month. I hope that book lovers who have monthly tickets can continue to actively vote for it. Those who don’t have monthly tickets try to vote for recommendations. I hope more book friends will pay attention to and support this book. Thank you very much~

  

  

  (end of this chapter)