Rebirth of the Financial Overlord

Vol 3 Chapter 9: Weapons that shouldn't be in the world

Hong Kong, HSBC Bank Building.

Meri Weather put down the comprehensive report in his hand, with a relaxed smile on his face.

As the yen continues to appreciate, the neon export industry has suffered a strong impact, and the economy is like a seesaw effect. With the decline of the neon export industry, Southeast Asian countries have been rapidly increasing their export growth due to high quality and low price.

In addition, global capital is flowing into these emerging market countries, the per capita income of all countries is also rising rapidly, and the real estate market and securities market are rising steadily.

Especially in Thailand, since the Bank of Thailand fully liberalized restrictions on foreign investment in May, more and more capital has flowed into Thailand.

Two reasons.

In June 1984, Thailand began to implement an exchange rate system **** to a "basket of currencies". The main currencies and weights in the basket were: US dollar 80%~82%; Japanese yen 11%~13%; West German mark 6%~ 8%. The Central Bank of Thailand announces the central exchange rate of the Thai baht to the US dollar every day, with a floating range of 0.2% of the central exchange rate.

Under this institutional arrangement, the exchange rate of the Thai baht to the US dollar has been maintained at around 25:1 for a long time, becoming a de facto peg to the US dollar system.

In addition, Thailand opened up offshore financial services and launched the Bangkok International Financial Foreign Exchange Market.

All approved commercial banks can absorb deposits and loans from abroad, and issue foreign currency loans in Thailand. Enterprises can freely borrow from abroad, and non-residents can freely open Thai baht accounts at home and abroad to deposit, borrow and exchange freely.

Attracted by this policy, global capital is flooding the Thai market frantically.

From 1971 to 1990, the average annual growth rate of Thailand’s economy was 6.6%, but in the first two quarters of this year, Thailand’s economic growth rate rose to 9.5%. This growth rate is believed to surpass 4% soon. Xiaolong became one of the five little dragons.

And for a long time, Thailand's inflation rate has been effectively controlled between 3% and 6%.

What does this show?

The extremely low inflation rate shows that the current basic market in Thailand is very good.

Moreover, as the yen continues to appreciate and the dollar depreciates, the pressure on Thailand’s export industry is getting less and less. According to the data released by the Thai cabinet, the growth rate of Thailand’s exports in the first quarter was still 10%, and the growth rate in the second quarter. It reached 22%.

All walks of life have continued to improve. Thailand's per capita income has risen from US$330 to US$1,000 in five years.

And this number, based on the current situation, it is impossible to see where its potential limit is.

Whoever has money doesn't want to live in a bigger house. No one likes to live in a dark, humid and small space. The Bangkok branch sent back mortgage information, which can already prove this point.

In just one week, the proportion of housing loans in Bangkok branch increased by 10%, and housing prices also increased by 10% year-on-year.

These are the results of the Bank of Thailand's liberalization of foreign investment, and now, everything is just the beginning.

Picking up the coffee and sipping it gently, Meri Weather asked his colleagues with a smile.

"Guys. What do you think?"

"If you want to short real estate, you need real estate prices to fall, but now there is no possibility of a fall."

"That's right. Only when no one buys a house, and tens of millions of people withdraw from loans, can house prices fall. But it's impossible."

"This looks like an extremely stupid investment."

"But it seems, Shen, doesn't look like a stupid person."

"Maybe you don't understand the Chinese. When they are rich, they will swell. There is a word for it, nouveau riche, yes. It is nouveau riche. Chinese people will always be arrogant when they are rich.

Once I met a customer, it is said that the owner of Shaanxi Coal came to Hong Kong to travel, guess what? He thought the coffee was too ugly, so he even ranted that he wanted to buy our bank. "

"Gosh. Really ignorant. What happened later?"

"Later I told him that he could find out about HSBC's stock price and see if he could buy enough 100,000 shares. There would be no later."

"Haha!"

"..."

"Their Chinese also have an idiom called young and frivolous."

"Really crazy, haha!"

"..."

In the position of chief, Meriweather shrugged listening to the discussion of colleagues.

"Then what do you think we should do."

"This is HSBC. There is an idiot who wants to send us money. Do we have any reason to not?"

of course not.

Even children will not refuse the lucky money given by adults, even though they will always be very humble and embarrassed to say no or no.

Central Plaza, Capital One Center Office.

Shen Jiannan was lying on the sofa, leaning on Lu Xinyue's thigh and playing with her soft hair, hung up the phone from HSBC, this guy raised his eyebrows.

"Crescent Moon. I think those guys must think this is a very stupid investment. Maybe they will call me an idiot."

"I also think this is stupid. The current Thai market looks very close to the development of Hong Kong in the past, and there is almost no possibility of any decline in house prices. The mortgage interest rate in Thailand is as high as 6.8%. Our investment in real estate is expected There will not be much profit, and a large sum of money will be paid to HSBC. Even if the money can be made, not all of them will work for HSBC."

"Haha! Xinyue, you think I want to hedge against the risks of Thai baht assets."

"Is not it?"

Shen Jiannan smirked and shook his head.

Suddenly, Lu Xinyue's curiosity was hooked out.

"It's not hedging the baht asset risk, so what do you want to do?"

"The last two words."

"I'll kill you, I'll know how to be a gangster in one day."

With that, Lu Xinyue beat Shen Jiannan, but the woman's curiosity finally prevailed. Looking at Shen Jiannan with a treacherous face in his arms, Lu Xinyue pressed her face to her face and spoiled.

"Say it. What do you want to do."

"miss you."

"Rogue, say business."

"Now?"

"I'll beat you to death if you play a hooligan.",

Lu Xinyue raised her fist in terror.

Shen Jiannan remained unmoved, holding the catkin in his hand still hippie smiling.

"Guess it."

"Hmph! People can even ask you if they can guess!"

The charming Lu Xinyue Qiong's nose wrinkled slightly, causing Shen Jiannan's index finger to move suddenly.

"You promise me one condition. I'll tell you."

"What conditions."

Shen Jiannan smirked.

"Han Chuo judged Qinhuai."

"..."

Lu Xinyue's face was blushing leisurely, her eyes were full of resentment, but in the look of lover's expectation, she still obeyed the bastard's meaning.

For a long time, Lu Xinyue raised her head and straightened her scattered hair, her eyes were full of mist and looked at her lover who hadn't had a proper lover all day long.

"Satisfied now."

satisfaction.

Of course satisfied.

Lu Xinyue is no better than Aso Zhiyue and Xinchuan Masako. He can do this step, not because he loves a person so much.

Shen Jiannan's love and compassion rose, and he pulled the person into his arms, and the orchid breath came from the tip of his nose, feeling the tenderness and delicacy in his arms, which made people infinitely satisfied.

"You said if we buy 100 million US dollars of credit default swaps and Thailand's real estate crashes, what will happen."

Lu Xinyue wriggled her throat for a moment.

But still, did not think of the possibility of a collapse in Thai real estate.

"It's impossible. Thailand's economic development momentum is very good, there is no reason to collapse."

"You forgot the neon."

"Neon is different. You are not saying that Neon chooses to give in. Thailand has no reason to do this, and it is impossible to do so."

"That's right. You think so, HSBC will certainly think so. Otherwise, knowing that you are losing money, how can you do business with us."

"Only you are smart."

"Of course. If I am not smart, how can I have both man and money."

"Sell good if you get cheap. Bad things."

"Want something bad?"

"I hate it. Talk about business."

"Thailand is one of the leaders of ASEAN. Now the Soviet Union is in jeopardy. The Cold War is over. Do you think that when the United States recovers, it will give ASEAN a bigger chance?"

"..."

The autumn wind did not move the cicada beforehand.

History has long proven that things have their own trajectories and signs for economic development.

Based on this logic.

A large part of HSBC's wealth management products in Asia are invested in the financial and real estate industries of Southeast Asian countries.

If it weren't for the opportunity, how could HSBC do that?

The economies of Southeast Asian countries are like the beginning of a bull market in the stock market, which is on the rise. People have good incomes, their willingness to buy houses with loans is increasing, and housing prices are rising. For a hundred years, the form has been very good, how can it be possible to fall as soon as it fell.

The VIP reception room on the top floor of the HSBC Building.

Mai Rui Weather looked at Shen Jiannan like a fool. After confirming that Shen Jiannan was not joking, Mai Rui Weather had a twisted smile on his face.

Thailand, but the country in Southeast Asia second only to Singapore, has fully liberalized its financial markets. God knows how much capital will continue to flow into Thailand.

"Are you sure to target real estate in Thailand?"

"Of course~www.novelmtl.com~ what do you want to do?"

Shen Jiannan raised his eyebrows and took a sip of the free coffee that HSBC had given him.

With HSBC's net worth to receive the highest level of customers, naturally they will not prepare garbage.

Unknown coffee.

The bitterness is mellow, but the taste is really good.

"I want your bank to tailor a financial contract for me, and then go short through the contract."

"Do you have any good suggestions."

"For example, use the current prices of all real estate in the capital of Thailand as the subject matter to make a comprehensive weighted average house price index, and then based on this weighted average index, your bank creates a standardized financial contract for me."

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like