Chapter 92 Soros

  In early September, the finance ministers and central bank officials of the twelve countries gathered in Bath, a beautiful town in the United Kingdom, to discuss the implementation of future economic policies.

  Desperate to make room for Britain to cut interest rates, Britain's chancellor of the exchequer, Norman Lamont, has frequently asked Germany to ease its monetary policy, as have his counterparts in Italy and France. At the meeting, Lamont slapped the president of the German Bundesbank, Helmut Schlesinger, on the table and shouted: "The finance ministers of twelve countries are asking you to lower the interest rate. Why don't you lower it?" ?”

  Schlesinger is very annoyed, but he can't be like the British finance minister, after all, he is the target of public criticism. In the end, he could only carefully give an answer that was not an answer: "Although I don't intend to cut interest rates, he will not raise interest rates either."

  This statement was quickly submitted to the media by Lamont as a signal that Germany was about to make concessions, although no one expected Germany to raise interest rates.

  This somewhat comical statement did not dispel the doubts of the market, and the pressure on the British government still exists.

   In the ensuing days of meetings, Lamont and his peers continued to demand the Bundesbank, which angered Schlesinger. The strong man who has dedicated his life to maintaining the central bank's policy independence felt the need to emphasize this point to the outside world, so he held a press conference on September 8.

   "I can't guarantee the future direction of interest rates, and the German monetary government will not easily change the economy of other countries..."

  “The basis of Italy’s lira is very weak and may exceed the normal range of the market. From this, it can be seen that the European exchange rate system is not as imagined. I am cautiously optimistic.” Finally, he warned.

Under the hall, there are a group of business leaders, bank presidents and fund managers, etc. These people are particularly concerned about the meeting held in Bath these days, and they have rushed over from all over the world, waiting for these few days in Germany There can be a clear conclusion on the interest rate.

  Among the group with western faces as the main group, Zhong Shi's slightly youthful oriental face is particularly eye-catching, but several reporters present whispered to each other for a long time, but they didn't find out the details of this oriental man.

   "Zhong Sheng, what are we doing here?" Andrew whispered in the audience as Schlesinger spit all over the place. For the German on stage, he didn't have any good feelings for him. After talking in a cloud for a long time, he still couldn't understand what he meant.

However, he knew that the person above was a big shot, because he saw several big shots who often appeared in financial magazines, and some even nobles who had been honored by the Queen of England, all sat down respectfully, with serious expressions. listen.

  Their seats were arranged by HSBC Bank in the UK. After transferring most of the capital to HSBC's brokerage channel, Zhongshi immediately became one of their global valued customers. Basically, HSBC will spare no effort to help Zhongshi fulfill any request that can be fulfilled.

   "Hush...listen carefully!" Zhong Shi frowned and interrupted Andrew's questioning. He could hear some clues. The words of the Bundesbank president showed a reluctance to lower interest rates.

   This is not a formal statement. After all, the consultations between the finance ministers and governors of various countries participating in the meeting have not yet concluded, but there is such a flavor between the lines.

   "Mr. Schlesinger, please stay." When the meeting came to an end, Schlesinger was about to leave when two people suddenly stood up from the crowd below and shouted in unison.

One of the voices was Zhong Shi, and the other voice was an old man in his sixties. He had gray hair, wrinkled face, and was not tall, but he was in good spirits. Radiate the light of wisdom.

"Excuse me..." Schlesinger was taken aback. He had never been stopped by such a strange pair of people at the same time. He first glanced at the old man, nodded politely, and then looked at the young man. Zhengmao's Zhong Shi had a smile on his face.

   "Hello, I'm Zhong Shi from Hong Kong, Mr. Schlesinger." Zhong Shi took two quick steps, rushed to Schlesinger, and stretched out his right hand.

"I don't know what advice Mr. Zhong has?" Schlesinger's face was full of smiles, which was in stark contrast to his toughness on the stage just now. Maybe it was because Zhong Shi was younger, or he just finished speaking. down to business.

   "Hello, Mr. Soros!" While Zhong Shi was greeting Schlesinger, the gray-haired old man also came over. As soon as he came over, he saw Zhong Shi's outstretched right hand.

   "Do we know each other?" Soros was taken aback, shaking hands with Zhong Shi mechanically, his face full of doubts.

"I am an investor in your fund and I am from Hong Kong." Zhong Shi nodded slightly. Regarding this encounter, he did not know that he would meet Soros. In fact, this hedge fund manager who will become famous all over the world is now His reputation is limited to the US capital market and some investors who invest in his fund.

   "Are you Mr. Zhong? Hello, hello." Soros quickly responded. His hedge fund is an offshore fund, registered in a tax haven, and the funds come from investors outside the United States. Because this can avoid the supervision of the US authorities, there are not many customers when raising funds, but all of them are He is a person of great background.

  When Zhong Shi reminded him, Soros quickly remembered that two or three years ago, there was indeed a large amount of funds from Hong Kong, a wealthy businessman surnamed Zhong. Since the money entered the fund, the client has basically never appeared, and he has never made a request for redemption.

After Soros greeted Schlesinger, the smile on Schlesinger's face grew stronger, and he looked at the old and the young in front of him with interest: "I don't know what's the matter with you two? "

This kind of conversation is very skillful, because officials like Schlesinger are basically equivalent to the president of the European Central Bank. If you want to get a little bit out of such a population, it means thousands Tens of thousands of monetary benefits.

   And this high-ranking person naturally understands his own weight, so he must be careful and careful when speaking in private, trying his best to avoid leaking important information.

"Actually, it's not a big deal. I just want Mr. Schlesinger to talk about your views on the European Currency Unit (ECU)." Zhong Shi smiled slightly, with a relaxed and comfortable expression on his face, without asking any questions message meaning.

   Schlesinger does not resist talking about the European Currency Unit. He is the head of the Bundesbank, who occupies a major position in the European Monetary System, so he can naturally talk about this kind of issue.

  Schlesinger looked at Soros next to him again, and seeing that he had no other opinions, he began to speak a lot of official rhetoric. These rhetoric with diplomatic skills have a lot of content on the surface, but in actual analysis, it is basically equivalent to saying nothing.

  “In fact, I personally like the concept of European currency very much, but I don’t like the name ECU. In my personal opinion, I prefer to call it Mark.”

  After talking a lot of nonsense, Schlesinger added another meaningful sentence at the end. After finishing speaking, he nodded slightly to the two and left the venue.

"What did he say?" After Schlesinger left, Andrew quietly appeared behind Zhong Shi with a puzzled look on his face. For him, this level of dialogue was basically equivalent to Did not say.

   "He revealed a lot of information!" Zhong Shi looked at Schlesinger's back and sighed casually.

   "Oh, Mr. Zhong, I don't know what information he revealed. I wonder if he can share it with me?" This sentence immediately caught the attention of Soros who was next to him, and he immediately asked a question.

  In fact, this shrewd fund manager also heard a lot of off-topic words from Schlesinger's words, but what he didn't expect was that this young-looking young man could also hear it.

  The question of Zhongshi seems grand, but in essence it is testing the determination of the Germans to maintain European harmony. People who asked, spoke, and listened to this question knew it well, and Schlesinger’s answer was also very interesting. It seemed to be an official sentence, but the last sentence clearly stated its position: the Bundesbank’s future For a period of time, the German economy is still the first consideration.

  Since this information can be disclosed in private, Schlesinger will definitely express this position to the media in the next few days.

  Germany will not cut interest rates!

   This is what Zhongshi and Soros thought.

   "Mr. Soros, what you are thinking now is what I am thinking, are you right?" Zhong Shi laughed at Soros's temptation and opened up the topic.

"Mr. Zhong, I still have something to do, so I will leave first. I reiterate that our fund will operate on the basis of maximizing client returns, and this will never change." Seeing that nothing could be found, Soros deeply He glanced at Zhong Shi carefully, and after imprinting this face deeply in his heart, he said a few more high-sounding words and left.

   "Don't worry, we will be on different battlefields!" Looking at Soros' back, Zhong Shi said silently. After Soros walked away, Zhong Shi said to Andrew who was still confused: "Guess, this gentleman is so anxious to leave, what is the first thing he will do?"

   "Who is he? He should be going to eat?" Andrew followed Zhong Shi's gaze, looked at this old man who didn't know how to appear, and didn't know how to leave, and replied a little uncertainly.

"You're wrong! You're so wrong! This old man is going to make money, a lot of money!" Zhong Shi looked away and looked at Andrew, who was rubbing his belly. "Be hungry, let's go eat." After that, He also followed the crowd out.

   "Just him?" Andrew rubbed his head, feeling a little confused again, "Can he make as much money as you?" Seeing that no one answered his question, he turned his head, only to realize that Zhong Shi had gone far away. "Don't go so fast, wait for me..."

   Soon, by the end of 1992, he knew what the old man who just appeared in front of him was about to do. (Thanks to book friends 0763 Feilong and Waterproof for their rewards! I hope more friends will support this book and ask for Sanjiang votes~ A small step for everyone is a big step forward for this book. I hope everyone will actively vote, thank you up~)

  (end of this chapter)