Spring Breeze 1991

"It's up to them to ask."

Li Jinghan looked around, just in time to see Yao Yuan coming from the console, so he got up and waved.

Yao Yuan was going to come over to have a chat with the three of them.

"Mr. Yao, can you tell us about the results so far?" Li Jinghan asked with a smile.

Yao Yuan sat down, looked at the data on the screen, and said, "About 8000 million. The situation has just unfolded, and the effect has not yet come out."

Deputy Director Zhuo quickly asked, "U.S. dollars?"

"Yes, the units are in US dollars." Yao Yuan nodded with a smile.

Deputy Director Zhuo gasped and murmured, "You earned 8000 million US dollars in just over an hour, Mr. Yao, why don't you just speculate in stocks."

There was envy and sourness in the tone.

If the foreign exchange management department wants to increase the value of foreign exchange, it is impossible to invest in the country. It must invest overseas. The fastest way is to invest in the financial market. This is what the foreign exchange management department needs to learn most.

In fact, the foreign exchange management department has recruited some highly talented financial students from several prestigious schools, but most of these people have solid theory and almost no practical experience. They have also paid a lot of tuition fees in the past two years, and Deputy Director Zhuo was terrified when he saw the loss.

Now, a live on-site teaching is in front of him, and he earned 8000 million US dollars in just over an hour of talking and laughing. He couldn't help thinking, if Yao Yuan's company was entrusted to manage the country's foreign exchange reserves, wouldn't the money come in a rush?

As if seeing through what he was thinking, Yao Yuan said with a smile, "We invested 50 billion US dollars and carried out a long-term layout. If we don't even have a 1.6% profit margin, it proves that our plan is seriously wrong."

He added with a smile, "It would cost several million dollars just for handling fees and stamp duty, and after other costs are thrown away, there is actually not much money in the pocket."

Deputy Director Zhuo didn't care about Yao Yuan's explanation at all. His idea was very simple. Even if he invested 500 billion US dollars, it would be very powerful to earn tens of millions of dollars in just over an hour.

China's foreign exchange reserves are indeed soaring, but at the same time, domestic import demand is also soaring, even greater than the increase in foreign exchange reserves.

In the 80s, the national foreign exchange reserves amounted to billions of dollars. In order to use the precious foreign exchange wisely, the country implemented a strict foreign exchange management system and vigorously encouraged enterprises to earn foreign exchange through export. Earn foreign exchange through local exports.

This year, foreign exchange reserves have finally been loosened, and some high-value and high-value-added technical equipment can be imported a little bit more freely, but it was soon discovered that foreign exchange reserves are still in short supply.

In order to ensure the equipment update and technological upgrading of domestic enterprises, it is no longer possible to implement a strict foreign exchange management system, so in addition to encouraging enterprises to vigorously export to earn foreign exchange, there is only one way - let money make money, and use foreign exchange to invest make money.

Thinking of this, Deputy Director Zhuo said with emotion, "Mr. Yao, if you have the opportunity, please take us with you. The investment pressure of our foreign exchange reserve management department is very high, especially in the financial sector. We need to learn from you."

"There must be opportunities, but I don't recommend that the country's foreign exchange reserves focus on investing in the financial market to make quick money. Instead, they can make some long-term investments, which can at least offset the depreciation rate of the currency. The most important thing is safety. All are national People's hard-earned money, be careful." Yao Yuan said casually with a smile.

But his words did not seem to be spoken casually, and the reminders and warnings in them were very heavy.

Chunfeng Group is the country's largest foreign exchange earner, and he is qualified to say this.

Dongfang Petroleum Corporation alone supports almost a quarter of the country's foreign exchange reserves. You must know that most of Dongfang Petroleum's business is overseas business, and it receives and earns U.S. dollars.

Hearing Yao Yuan's implication, Deputy Director Zhuo acted sincerely, nodded, and said, "Yes, Mr. Yao is right, every penny we manage is made by ordinary people with needles and threads. It’s been worked hard, so our foreign exchange management department has always been very cautious when it comes to investment..."

"Boss! There is a situation!" Suddenly, Pan Jie, who was standing behind several main traders with arms folded and directing the battle, raised his fist and shouted.

Suddenly, the entire securities trading room fell silent.

Yao Yuan quickly got up and walked over.

Pan Jie pointed to the screen, on which the number representing Thai baht stopped falling. Seeing this scene, Yao Yuan could not help but slightly frowned.

This is very abnormal behavior.

The Thai government has been laid flat, and the baht can only drop by a thousand miles, and it will only drop by a thousand miles. Now it depends on who has more goods in their hands, and it is a simple and rude shipment.To stop the baht's decline, someone must take over the baht sold by international speculators.

Now in this situation, everyone only hates that the Thai baht has not fallen hard enough. How can it be possible to take over?

Therefore, the sudden stop of the baht's decline is an anomaly.

Regarding the follow-up plan, Pan Jie did not dare to act rashly, nor did he dare to make a judgment lightly. This situation needs to be decided by Yao Yuan himself.

Yao Yuan thought quickly, and after a few seconds, he said decisively, "It's a test, Soros is testing."

Pan Jie immediately ordered his assistants to investigate in this direction. Soros has all the accounts under his control. Check their transactions to find out what's going on.

Sure enough, a few minutes later, Pan Jie got the note, and said in a deep voice, "80.00% of the accounts controlled by Soros have stopped trading. The test is correct. What should we do?"

Yao Yuan smiled and asked, "What's your opinion?"

Pan Jie knew it well, and said, "He tried his tricks, and we do our tricks, it depends on whether Soros has the guts."

"Well, this is like someone from the Chunfeng Group. Let's do it. Since Soros wants to see our muscles, let's light it up and make him suspicious." Yao Yuan nodded with a smile.

"Understood." Pan Jie quickly made arrangements.

The three deputy directors Zhuo came over and asked curiously and worriedly, "What happened?"

Yao Yuan said, "Soros has stopped shorting the Thai baht. He should have sensed that someone is snatching their meat and testing us."

"Is it serious?" Deputy Director Zhuo asked, but he didn't quite understand.

Yao Yuan smiled and shook his head, "Since he wants to see who is robbing him of his flesh, then I will let him see, it's best to scare him, and it's best not to come to Hong Kong to make trouble."

He changed the subject, "However, there is a high probability that Soros will continue to raise funds to attack Hong Kong, if he finds that we are prepared in Hong Kong."

"Will he find out?" Deputy Director Zhuo asked worriedly.

Yao Yuan shook his head, "No, we have done a good job of keeping secrets, and half of the accounts are not in Hong Kong. Take a step back, even if he knows we are waiting to surround him in Hong Kong, he will come over."

"Soros isn't that stupid, is he?" Li Jinghan frowned.

Yao Yuan said with a smile, "Soros is certainly not stupid, but he is crazy, and he will not believe that he will stumble in Hong Kong."

Pan Jie added, "Hong Kong is the financial center of Asia and a free economic market. For Soros, Hong Kong is the fat. His attack on the Thai baht is just a warm-up and a test."

"It now appears that his probing has yielded unexpected results. No one expected the Thai government to surrender so quickly and so neatly."

Now Deputy Director Zhuo understands, it's almost like fighting a war!