Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 833 "832" Guan Zu liquidates Thai assets, making a staggering $20 billion! Soros: Asia cannot tolerate such a powerful existence.

Financial Services Building.

Top floor office.

The director looked at the Hang Seng Index stocks displayed on the computer screen and felt a pang of embarrassment.

Just one interview with Kwan Cho-lam caused the Hang Seng Index to surge, while my own press conference barely managed to stabilize the index...

The effect is not as good as a few words from Guan Yu!
Although I had expected it, I still felt a little sad.

After thinking for a moment, he called his secretary and instructed her to call the Five Star Group and invite Guan Zu to meet.

Soon, the secretary made a phone call.

"Hello, this is the secretary's office of the Five Star Group. How can I help you?"

"Hello, I am a secretary in the Secretariat of the Financial Affairs Department. The Director would like to invite Mr. Guan to dinner. Would that be convenient?"

……

Central Plaza.

Top floor.

Guan Zuzheng and Fang Zhanbo were discussing when to close the deal on their 'investment' in Thailand.

Fang Zhanbo: "The Thai baht has already depreciated to 43.2:1, but I think there is still room for it to fall further."

Guan Zu nodded. If he remembered correctly, in his previous life the Thai baht had depreciated to 50+ to 1. With his involvement in this life, the baht would only suffer more.

“Our contract is for September… I don’t know how low the Thai baht will fall in September.”

Knock knock knock~~~
At this moment,
Liang Xiaorou knocked on the door and came in.

"Brother Zu~~"

"what happened?"

"The finance minister's secretary called and would like to invite you to meet, Brother Zu."

Upon hearing this, Guan Zu chuckled: "Great! The weather's nice tomorrow, I'd like to go sea fishing. Tell him if he's interested, he can come with me..."

Liang Xiaorou: "Okay."

……

In a flash,
The next day, after more than ten days of rain, the sky was still overcast, and the temperature was in the low 20s.

It's around 10am.

The Financial Secretary arrived at Aberdeen Pier by car and then boarded a yacht to go out to sea.

The director looked at his secretary and asked, "Where did Mr. Guan agree to meet?"

The secretary said, "It's located in the bay in the northwest of Lantau Island."

Soon, the yacht headed north, passed under the Tsing Yi Bridge, and then circled around the north side of the new Lantau Island airport.

The director looked at the new airport from afar.

The original construction site has been basically completed.

This is currently the final stage of finishing touches and acceptance testing.

This airport was expected to officially open in June 1998, after which Kai Tak Airport would be abandoned.

After bypassing the new airport,
Finally, a huge yacht came into view in the distance, anchored in the waters north of Lantau Island.

near.

Then the director saw a group of senior executives from the Five Star Group, with their families and children, fishing and playing on the boat.

"So young..."

The director looked at the executives of Five Star Group, who were all at most in their 30s, which was far too young for the leading group in Hong Kong.

quickly,

The director, accompanied by his secretary, boarded the yacht.

"Director, welcome, welcome..."

"Mr. Guan!"

The two shook hands.

Guan Zu was wearing beach shorts and a t-shirt, and didn't seem to have any of the seriousness one would expect when discussing business. Oh, and he even came over to greet us while holding his daughter.

On the contrary, the director was dressed in dress pants and a white shirt, looking very formal.

Upon closer inspection, I realized that I was the one who was like an ox or a horse.

We chatted for 20 minutes and drank some juice...

Then we started talking about business.

Guan Zu and the director sat at the bow of the boat, each with a fishing rod, casting their lines and waiting for the fish to bite.

"Mr. Guan, this Soros financial storm is coming on strong. I wonder what your thoughts are? This is also my first time serving as Financial Secretary. I hope you can give me some advice."

"This is the first time the director has served as director. There are advantages to not having experience."

Guan Zu said with a smile.

In his past life, the director had a nickname, "One Trick," because he only knew one trick—raising interest rates, a practice similar to that of Thailand.

Then it was criticized by the citizens.

Guan Zu was not going to give a reminder.

What if reminding him scares Soros away?
The director chatted with Guan Zu for a while and found that Guan Zu really didn't offer any opinions, and always evaded the question.

For example:

"Director, Soros's arrival is actually good for Hong Kong..."

"If we take down Soros, Hong Kong's reputation will surely soar, and you, Secretary, will naturally be able to secure your position..."

The director gave a wry smile.

He asked from a different angle: "Mr. Guan, if Soros came, what would you like to do?"

Kwan Cho thought for a moment and said, "Hong Kong Island is a free port, so of course I'm thinking about freedom, for example... not preventing Soros from buying short positions in the stock market, for example..."

One word: freedom.

The director's heart skipped a beat: "Mr. Guan, are you trying to fish for me?"

Guan Zu pointed to their fishing rods and smiled, "Look at us when we fish. Before we start, we always put out some bait. It's worth the loss of bait. If we don't put out bait, how will the big fish come?"

The director seemed to be deep in thought.

It seems that Guan Zu has extremely high confidence in Hong Kong Island, which is why he dared to attract more speculative capital in, and then shut down the door to trap it.

……

after an hour,

The director, accompanied by his secretary, boarded his yacht and left.

On the yacht,
The secretary turned to look at Guan Zu's enormous yacht: "Director, it seems Mr. Guan is very confident."

The director smiled and said, "I am very confident now."

Since Guan Zu said it was possible, then it was certainly possible.

Guan Zu is right.

If Soros runs away, where will I find such a great achievement?

The director felt it would be a shame not to give it his all!
……

……

On Hong Kong Island, all is calm.

Meanwhile, international speculative capital, like ferocious wolves, frantically dumped stocks, futures, and foreign exchange in Southeast Asian countries.

On July 16, 1997, the Central Bank of the Philippines announced that it would abandon the fixed exchange rate system between the Philippine peso and the US dollar, allowing the peso to float freely.

As soon as the news came out,
The Philippine financial market collapsed across the board.

This triggered a chain reaction, causing prices to plummet in other Southeast Asian countries.
……

"What? Another typhoon?"

"Are you kidding me?!"

"Two typhoons in one month?!"

At the end of July, Kwan Cho saw ATV's report on the Observatory and was completely dumbfounded.

This time, it was named Typhoon Victor, and it was still typhoon signal number nine.

There were more typhoons in 1997 than usual. ...

On July 31, Typhoon Victor struck, and Hong Kong Island once again entered a state of work and school closures.

……

On August 2, the typhoon passed and order was restored on Hong Kong Island.

Hong Kong stocks remained stable and without fluctuations.

Southeast Asian countries continue to see their prices fall.

The third country that couldn't hold on was Indonesia. On August 14, the Central Bank of Indonesia announced that it would abandon the fixed exchange rate system between the Indonesian rupiah and the US dollar and implement a floating exchange rate system in order to cope with the impact of international speculative capital.

Following Thailand and the Philippines, Indonesia's financial system has collapsed.

……

They wiped out three countries in succession.
George Soros's name became the most dazzling presence in the global financial world, and then the object of scramble for all the top media outlets.

From New York to London, major television stations around the world wanted to interview him.

On the evening of August 15, CNN's live broadcast attracted more than 18 million viewers across North America.

The host's tone was full of flattery: "Mr. Soros, the whole world admires your foresight! In just three months, Thailand, the Philippines, and India have all adjusted their exchange rate systems in accordance with your judgment. This is simply a classic case in financial history!"

Soros sat upright on the sofa, composed, yet his confident arrogance was unmistakable in his eyes and brows.

“When Thailand abandoned its fixed exchange rate on July 2, I said that a healthy economic system should be able to float freely. Then the Philippines made the same choice on July 11 and Indonesia on August 14… I was just one step ahead of them, discovered their problems, and then seized on them.”

"Your actions have plunged countless people in Southeast Asia into economic hardship, including unemployment, layoffs, bankruptcy, and poverty. What are your thoughts on this?"

Soros scoffed: "The financial markets are a brutal game, with no mercy. Everyone has seen that the British financial system became stronger after the 1992 sterling crisis. Short-term difficulties are like labor pains before childbirth, temporary. Southeast Asian countries will soon realize that after this experience, they will improve their economic systems... and then thank me."

Thank u??

The host was stunned.

Audiences across North America were stunned.

Arrogant!

Soros's answer was far too arrogant.

But Americans love his arrogance.

It thoroughly satisfied the American sense of pride in surpassing everything.

"Splash splash ...

The audience erupted in applause!
After the visit, Soros drove back to his residence, gazing at the dazzling neon lights outside the window.

At this moment, he wanted to shout: "I am the king of the world!"

In the next period of time,
Soros gave interviews to ABC, as well as two other television networks, including Bloomberg New York.

Fame and fortune!

Now that his reputation has soared, a large amount of capital is coming to him, wanting to entrust it to the funds under Soros Fund Management.

Soros swallowed it whole.

The size of the funds it controls has increased tenfold since 1996.

Riding high on the spring breeze!
This is Soros's current state.

After the interview and a day of rest, he returned to Soros Fund Management.

after an hour,

He finally found the email from Rodney Jones of the Hong Kong branch of the Soros Fund.

An email filled with concern.

The email expressed a certain degree of wariness towards Hong Kong Island and the Five Star Group.

At this moment, Soros, full of confidence, smiled slightly after reading the letter.

Can Hong Kong Island possibly stop me?
He then gave interviews to four television stations.

In the program, he added his views on Hong Kong Island:
Core message: Suppression!
Asia cannot tolerate such an awesome existence!

Now, speculative capital around the world regards Soros as a bellwether, and he can hit wherever he points. Once he has taken down the Southeast Asian countries, he can use the momentum of his great victory to direct international speculative capital to attack Hong Kong Island.

What can Hong Kong Island use to win?!
……

……

Shake.

8 month 31 day,
Another major event has occurred that has shocked Britain, Hong Kong, and the world.

Princess Diana, Prince Charles's ex-wife, has died.

The cause of death was that on the evening of the incident, after Princess Diana and her boyfriend had dinner at the Ritz Hotel in Paris, they lost control while speeding through the Alma Bridge under the Seine River in the center of Greater Paris in an attempt to escape seven photographers on motorcycles. The car crashed into a concrete dividing pillar in the middle of the tunnel, causing severe damage.

Diana's boyfriend, Dodi Faye, and her driver died at the scene, while Diana and her bodyguard were seriously injured.

Diana was then rushed to the Chapteux Hospital in the 13th arrondissement of Paris, but ultimately died at 4 a.m. from massive chest bleeding.

The news reached Britain that same day, plunging the entire nation into grief.

Princess Diana was the first wife of King Charles III of the United Kingdom and was known as the "People's Princess." She divorced Charles in 1996, but remained in the public eye and was one of the most photographed women in the world.

Of course, after her death, although she died with her boyfriend, the matter implicated the British royal family.

Following Princess Diana's passing, the British public was plunged into deep grief, with bouquets of flowers piled outside Buckingham Palace in mourning. (ps: Many media outlets used the phrase "national grief")

But the royal family remained silent, neither returning to London from Scotland in time nor issuing any public statement of condolence, and Buckingham Palace did not even fly its flag at half-mast.

This attitude sparked strong discontent, with the media criticizing the royal family for being "out of touch with the people" and the public questioning its indifference. The discontent quickly escalated into a critique of the monarchy, with slogans proclaiming "The monarchy is outdated" appearing on the streets and heated discussions taking place.

Conservative media outlets have also acknowledged that the monarchy has made mistakes, with polls showing a 15% drop in support for the monarchy and over 60% believing that the monarchy needs profound reforms.

This was a serious challenge facing the monarchy after World War II. In the end, the Queen broke with tradition to mourn Diana and lowered the flag to half-mast to appease public anger.

The Queen was probably a little puzzled. They're divorced, so what does it have to do with the royal family?

Who is the happiest?

Perhaps it's the Prime Minister.

With the Queen's authority weakened, the authority of the Prime Minister and the Cabinet naturally increases.

The death of Princess Diana undoubtedly caused Britain's international reputation to decline once again.

……

……

Before we knew it, it was September.

Back-to-School Month in Hong Kong Island!

Ghost Eyes is a sophomore now.

Consolidate the strengths of the upper, middle, and lower grades.

"Study hard, your grades have dropped..."

"Got it, Dad!"

Gonggu, feeling listless, carried his schoolbag and went downstairs.

Gong Wei also went downstairs, then met up with Guan Zu, got into the black Chevrolet, and arrived at Central Plaza.

Guan Zu and Gong Wei arrived at the office.

Fang Zhanbo came to report.

Guan Zu, in his habitually cheeky manner, looked at Gong Wei with a serious expression:

"I'm going to have an evil secret meeting with Zhanbo. Don't let a single dog that walks by the door get away, just in case they leak the news!"

Gong Wei: "…………"

🇧🇷
I want to see just how evil it really is!
In the office,
Fang Zhanbo: "Brother Zu... the Thai baht has fallen to 48.9, and our contract is basically due."

Guan Zu smiled and said, "Has the harvest season finally arrived?"

Fang Zhanbo also smiled.

After a year of planning, we're finally starting to reap the rewards.

The Thai baht exchange rate dropped from 25:1 to 48.9:1, meaning that Guan Zu made a profit of nearly 100%.

Next,
It took half a month to complete the settlement and liquidation with the Thai side, as well as to deal with various derivative products.

Finally,
They earned $20 billion.

(End of this chapter)