Starting out as a drug dealer in 1988

This time, Kuang Youzhi didn't hesitate at all. He nodded heavily and rushed out of the office like an arrow to arrange the work.

Obviously, such bad news will inevitably trigger a series of chain reactions.

In Kuang Youzhi's opinion, Zhao Wenhao must have obtained extremely accurate insider information, otherwise he would never have started to make careful plans so many days in advance.

You know, as a veteran in the financial industry, Kuang Youzhi has profound qualifications and rich experience.

However, even so, he was still confused and puzzled by Zhao Wenhao's previous series of actions.

For example, Zhao Wenhao mortgaged his assets to the bank and successfully borrowed 300 billion Thai baht.

Then, he cleverly exchanged the 300 billion Thai baht into US dollars.

As long as the Thai baht exchange rate falls, all the declines will become huge profits for Zhao Wenhao.

Kuang Youzhi naturally understood the principles behind these operational matters.

But the question is, who could have predicted this happening so accurately?

Especially changing the exchange rate system is a major event that concerns the economic lifeline of the entire country and is definitely not an area that ordinary people can easily touch and understand.

However, Zhao Wenhao seemed to have known everything for a long time. Otherwise, how could he have taken action so early?

Of course, there is another possibility, which is to make a bold bet based on the current situation.

In Kuang Youzhi's opinion, Zhao Wenhao's move was more like a gamble.

But he didn't expect that this time, he won the bet again.

"It's dropped, it's really dropped again!" Kuang Youzhi shouted excitedly.

They had completed the layout as early as the morning.

When Zhao Wenhao gave the order to short the Thai baht, the US$25 billion in funds that New Century had already prepared poured into the market like a tide and began to dump the market frantically.

You know, this 25 billion US dollars is equivalent to 650 billion Thai baht, which is not a small amount!

At this time, the Siamese government had only about US$30 billion in foreign exchange reserves.

Faced with the impact of such a huge amount of funds, coupled with the fact that Western capital was continuously entering the market to reap the benefits, the result is self-evident and will inevitably be a chaotic scene.

Zhao Wenhao walked briskly to the computer, squinted his eyes slightly and looked at the screen carefully, and an uncontrollable smile gradually climbed up the corners of his lips.

In just a few minutes, the exchange rate of Thai baht against the US dollar plummeted from the initial 26:1 to 29:1, and there was no sign of stopping the decline, and it continued to fall.

In just a few minutes, the hundreds of millions of dollars that Zhao Wenhao invested early on has now quietly reaped a generous profit of at least 10%.

"Keep dumping the market, don't stop!"

Zhao Wenhao waved his arms, his eyes flashing with confidence, and his whole body exuded a heroic spirit that could swallow mountains and rivers.

On the other side, Kuang Youzhi was so excited that his face turned red and his heart beat faster, as if his heart was about to jump out of his throat.

Without waiting for Zhao Wenhao's instructions, he couldn't wait to start operating it himself.

&34;Smash! Smash! Smash!&34;

Accompanied by Kuang Youzhi's slightly crazy shouts, the exchange rate ran down like a wild horse.

眨眼间，31：1、32：1、33：1......数字如同瀑布般飞泻而下。

Faced with such an exciting scene, Kuang Youzhi could no longer contain the ecstasy in his heart. He couldn't help waving his fists, his face filled with unconcealable joy.

"Don't stop, keep dumping the market, throw all your money in!"

Kuang Youzhi's voice was trembling with excitement.

At this moment, he was completely immersed in this crazy financial battle, his eyes fixed on the screen and his hands typing on the keyboard quickly.

Faced with such a once-in-a-lifetime opportunity, he naturally would not let it go easily.

It's like a huge piece of fat meat placed before your eyes. How can one not salivate? And how can one be willing to give up the opportunity to take a big bite?

Of course, Siam also launched a counterattack at this time, not to be outdone.

Government officials have made strong appeals to the public through the media, hoping that everyone will actively purchase their own currency to stabilize the market.

Initially, this measure did achieve some results, and the exchange rate began to reverse, climbing all the way to 28:1.

However, this situation did not last long due to limited funds available.

Western capital did not stop its attack, and New Century Investment Company put all its efforts into investing all available funds in the market.

Under these circumstances, the exchange rate fell to a low point again.

先是从28:1滑落至30.2:1，接着又跌至33:1和34.6:1，最后甚至降到了36.5:1。

Just as the day's trading was drawing to a close, a mysterious influx of funds suddenly poured into the market, dealing a heavy blow to the already shaky exchange rate.

汇率再度大幅跳水，先后降至37:1、38.4:1和39.3:1。

When night fell, the exchange rate finally settled at 39.8:1, just one step away from breaking through the critical node of 40:1.

"call!"

Zhao Wenhao exhaled nervously, then walked comfortably to the sofa and sat down on it.

He took out his cigarette case, took out a cigarette and lit it for himself.

Kuang Youzhi ran in excitedly: "Mr. Zhao, today is over, so how should we proceed tomorrow?"

"Tonight, I estimate that the Siamese government will definitely find a corresponding response strategy. If nothing unexpected happens, the exchange rate will definitely be pulled up in a short period of time tomorrow." Zhao Wenhao said very confidently.

"Haha, in that case, let's just sell all the Thai baht tomorrow, and then wait for the right opportunity to re-enter the market and make a fortune again."

Kuang Youzhi smiled, and had already thought of a response plan in his mind.

"That's the truth!" Zhao Wenhao nodded in agreement.

Kuang Youzhi responded confidently: "Okay, I understand. I will arrange it immediately."

Just now, after careful calculations, they found that New Century Investment Company began to enter the market to dump stocks when the exchange rate was 26:1, and gradually increased its capital investment.

As a result, the profit for this afternoon alone was as high as 28%.

That is to say, if all the funds are withdrawn early tomorrow morning, the cash held by New Century Investment Company will soar to US$32 billion.

If this is a profit, then the other profit must also be taken into account!

Looking back at the original capital, US$13 billion was borrowed from Siam First Bank, a total of 300 billion Thai baht was borrowed, and then converted into US dollars.

The exchange rate at that time was 25:1. If I were to repay the loan directly tomorrow, it would also be in Thai baht.

But the problem is that the exchange rate of the US dollar to the Thai baht has now fallen to 39.8:1, which means that as long as Zhao Wenhao takes out a mere US$7.53 million, he can easily exchange it for 300 billion Thai baht.

With this calculation, Zhao Wenhao actually made a net profit of 5.47 million US dollars between this inflow and outflow!

Calculated proportionally, the profit is much greater than directly shorting the Thai baht in the market!

However, this method can only be completed before the layout. After all, the current Siamese government has begun to tighten its monetary policy and no longer lends Thai currency easily.

Therefore, it is no longer possible to operate as before, and we can only continue to short the Thai baht through market behavior.