Chapter 805 Attacking Ireland (1)

   "The G20 summit will be held in Seoul from November 15th to 17th."

  Zhong Shi took out his mobile phone, thoughtfully, and turned the screen to several other people, "Gentlemen, the government will hold talks with the UK and Ireland during the G20, and we will know the results soon."

   With a summoning order, several other bigwigs flew from New York to London very quickly. This is the office of Tianyu Fund. After the offices of several other institutions were targeted, those places are no longer safe, so they had to temporarily set the meeting place here.

   "Bill, you come and tell them about our meeting with the Irish government!"

  After informing the other government of its actions, Zhong Shi nodded at Bill Gross and ordered, "There are also the results of our analysis."

   Gross nodded obediently, then cleared his throat, and began: "Gentlemen, the situation is very serious!"

His words attracted everyone's attention. After seeing everyone's reactions, Gross nodded with satisfaction and continued: "The thing is this. During our conversation with Mr. Finance Minister, we obviously feel they are still in the dark about asking for an IMF and EU bailout, which means they don't have a back-up plan..."

  In the next half an hour, he explained in detail the specific content of what he and Zhong Shi were leading the battle before, and at the end he spread his hands and said, "That's how it is!"

   "What do we need to do now?"

  Although Zhong Shi's plan requires everyone to contribute a part of the funds, they are all prepared for it, so it is not very surprising. You know, if Ireland really leaves the euro zone, these people here will definitely earn much more than they pay. But things are still unknown, so all they can do is wait quietly.

Del Rio clearly realized that Zhongshi still had a plan for this situation, a plan to cooperate with the pressure from the government. After thinking about it for a while, he tentatively asked, "Is it us?" What should we do at this time to cooperate with the government's actions?"

"you're right!"

After casting an appreciative look at Delio, Zhong Shi nodded, "Gentlemen, now we are going to give Ireland a choice to see if they are determined to leave the Eurozone or accept the European Union. So what we have to do, It’s just getting them into trouble.”

"what do you mean…"

  Dairio pondered for a moment, with a look of surprise and suspicion in his eyes.

  Looking at the other people, they also had expressions of doubt and surprise. Obviously none of them thought that Zhong Shi would do it when he said he would do it.

"My plan is to sell Irish government bonds in the market, including long-term and short-term. Before that, we must also create momentum and cause chaos in the Irish government bond market in the short term. At the same time, we will eat their interbank bonds. CDS, two ways to push the situation in Ireland to a rapidly deteriorating situation. Only in this way, they must face up to our proposal at the time of G20."

   "Simply put, we will short the Irish bond market very soon, and we are running out of time, about half a month or so."

Zhong Shi raised his hand and looked at his watch, and said solemnly to everyone, "I need you to borrow various bonds from the Irish government and their banking industry from the market as much as possible, and then carry out the loan within a unified time The sell-off, coupled with the propaganda of public opinion, strives to cause a rapid deterioration of the situation in Ireland in the short term."

   "This is no problem!"

  Dairio raised his hand and signaled, "But have you ever thought about how we will end up if Ireland finally abandons us and chooses the EU and the IMF instead?"

  Hearing Delio's words, the others woke up from the state of extreme excitement as if a basin of cold water had been poured on their heads. Indeed, if the Irish government does not leave the euro zone, all their efforts will be for naught.

"So I need you to buy CDS. This part of the position will be used as a means of hedging. As long as their negotiations with us are over, we will receive the news as soon as possible, because it means that they will accept EU aid. By then Earnings on CDS will help everyone to hedge their risks.”

Zhong Shi said confidently, "In addition, if you are interested, you can also liquidate your previous positions from the market at that time. I think the negotiations between Ireland and the EU will last for a while, which is enough time for you to liquidate all your positions." It's all emptied."

"Gentlemen, you have overlooked the most critical point, that is, because of the situation in Ireland, there are concerns about the entire European environment. Will countries such as Spain and Portugal follow Ireland's footsteps and join the aid army? Whether the mechanism can withstand the barrage of aid requests, these are the real concerns of the market."

  He said sonorously, "So far, what we want to consider is still early, and everything will not be revealed until the G20, understand?"

"Understood!"

  Everyone thought about it, and it was true, so they nodded.

  …

   "Give me the call from the HSBC Taipan!"

   After waving his hand to let everyone leave, Zhong Shi frowned and said to Jiang Shan beside him, "I need to borrow some Irish national debt from them."

   "HSBC?"

  Jiang Shan’s face suddenly changed, and after thinking for a while, he cautiously persuaded, “Zhong Sheng, are we considering borrowing from other places? We must know that HSBC is an old British bank, and I’m worried…”

   "Worried about its relationship with the government?"

Zhong Shi did not raise the stone, and asked directly, "Relax, my buddy, this will not be a problem. I think many institutions will soon borrow Irish money from institutions such as HSBC, Barclays, Royal Bank of Scotland, etc. National debt. At that time, we will only be a bigger short, and will not attract their attention."

   "Zhong Sheng, are you going to leak this news?" After a little thought, Jiang Shan understood Zhong Shi's meaning.

"good!"

  A playful smile appeared on Zhong Shi's face, "If they want to target us, it may not be so easy."

At present, the situation of several institutions in Europe can only be described as a difficult situation. The rumors of the regulatory agencies are getting tighter day by day, but Zhong Shi is very clear that this is just a bluff from the European side. After all, the orders received by the branches here are all from the United States. Homegrown, they don't have the ability to extend law enforcement to Manhattan.

   Soon he stretched out a finger towards Jiangshan, signaling the other party to avoid it, then took out the phone and dialed a number, just said "Ireland" lightly and hung up the phone.

  …

"what?"

  Ou Zhihua was taken aback when he received a call from Zhong Shi, "You want to borrow 3 billion euros in Irish 10-year national debt?"

  Ou Zhihua, the English name is Stuart Gulliver, Hong Kong people translated his name into Ou Zhihua by pronunciation. Although HSBC is a global multinational bank, Hong Kong and London are its two most important bases, so it is no stranger to Ou Zhihua, one of the rich families in Hong Kong.

  He is a white man in his fifties, with a white and chubby face that always reminds people of harmony and wealth. Although he has not officially taken over the position of chairman so far, HSBC has already identified him as the next chairman, so he is currently running the administrative work.

"right!"

  Zhong Shi admitted without hesitation, "As one of the major customers of the Irish government, don't tell me that you don't have such a large amount of bonds on hand?"

  The bonds of various countries are generally conducted through bank auctions. So big banks have a lot of bonds on hand. These bonds are long-term investments on the one hand, and are also a component of long-term interest rates on the other. As a bank with huge influence in the UK, HSBC has a lot of bonds from various countries on hand.

   "Of course!"

Ou Zhihua smiled and said, "Within three working days, I will ask the people below to transfer the bonds to your name, and all the procedures will be completed. But Mr. Zhong, I would like to ask, do you intend to borrow the Irish national debt?" Short them?"

"certainly!"

   Also admitted without hesitation, Zhong Shi was very frank, "Ireland's problems are very serious, and I think it is not far from their crisis outbreak."

   "Crisis broke out?"

The corners of Ou Zhihua's mouth twitched twice, and he was rather disapproving of what Zhong Shi said in his heart, "Are you talking about the debt crisis? Mr. Zhong, I must remind you that Europe has established a rescue mechanism, even if Ireland's national debt appears If there is a problem, there will be absolutely no problem in repayment, because Ireland's overall national debt is not large, and Europe is fully capable of maintaining its credit line."

  For commercial banks, the cycle of holding government bonds is calculated in years. It is a complete long-term investment, and general price fluctuations will not affect their decision-making. As long as there is no final payment crisis, commercial banks generally will not easily sell their positions. Just like during the Greek crisis some time ago, HSBC not only did not reduce its holdings of Greek government bonds, but also increased its holdings to reduce the average cost.

   But for hedge funds, this strategy is totally unacceptable, what they pursue is high risk and high return. Therefore, for Ou Zhihua's kind reminder, Zhong Shi just curled his lips and said disapprovingly: "Mr. Gulliver, I already have a reference on how to operate. Don't worry, we will consider risks, and we will also use HSBC's positions and channels." , so that you can monitor risks.”

  Hearing Zhong Shi's words, Ou Zhihua obviously felt that the other party didn't want to talk about this aspect in detail, so he shut his mouth tactfully immediately, talked for a few more words, and hung up the phone tactfully.

  After thinking about it, Ou Zhihua touched the phone again and dialed another number.

   "It's me, HSBC Gulliver!"

  After the call was connected, Ou Zhihua stood up and said respectfully, "Just now, Tianyu Fund borrowed 3 billion euros of national debt from HSBC."

   "What kind of institution is Tianyu Fund?"

  A sharp male voice came from the microphone, "Is the position of 3 billion euros a lot?"

   Obviously this is a guy who doesn't know much about the market.

Even so, Ou Zhihua did not dare to make a joke, and immediately explained carefully: "This is a local fund in Hong Kong. It has only been established for 20 years, and it already has a fund management scale of tens of billions of dollars. Because it is not open to the outside world, the specific No one knows how much money there is. But according to some people in the same industry outside, the fund size of this fund is likely to exceed 100 billion U.S. dollars.”

   "The scale of 100 billion U.S. dollars?"

  The voice of the other party obviously paused, "Can you confirm that it is also one of them?"

"can not confirm!"

Ou Zhihua hesitated for a moment, and finally dared not draw a conclusion, "If the outside rumors are true, the 3 billion euro bond is nothing to them. According to the style of hedge funds, Tianyu Fund will at least ask for more leverage , Pile up positions to more than 5 billion euros."

   "So your conclusion?"

   The sharp male voice could not hear any emotional fluctuations, but Ou Zhihua was keenly aware that the other party seemed to be dissatisfied.

   "I can't see it yet, just wait for the follow-up!"

   he replied bitterly.

   Thank you book friends for passing KLMY’s monthly pass and rewards! Thanks to the book friends Four-Eyed Prodigal Son and ad110158 for voting for the monthly ticket! What happened in the past two days, why is it suddenly so bleak, and the bleakness is even worse than before, I feel like crying... But I still have to work hard to write, keep working hard, and strive to write more exciting, so as not to let everyone down. I also hope that all book friends will continue to vote for it, and those who do not have a monthly pass can vote for more recommendations. I hope that the downturn in this book will be relieved as soon as possible. Thank you everyone~

  

  

  (end of this chapter)