The personnel arrangements have been completed, and the next step is how to do it.

Fang Chen thought for a moment, and then said sincerely to Zhu Changhong: "I'm not very familiar with things like currency exchange speculation. I'll just briefly talk about the situation and what I'm doing now. You can just follow this idea.

I won’t interfere with the specific operations.”

In his previous life, he had never even speculated in stocks, so he only knew about high-end things like currency speculation. That is to say, he had recently read some books about currency speculation, so he knew more or less about it, but it was just a matter of time to catch up.

"First of all, in terms of funds, I have prepared two billion US dollars. Most of this money is in the hands of July and my Russian affiliated companies, as ammunition for your short-selling attack."

With that said, Fang Chen pointed at Chen Shaoxuan.

Chen Shaoxuan nodded and said to Zhu Changhong: "About two months ago, President Fang has successively injected two billion US dollars into me and Russia's Berezovsky, and divided the money into nearly two

Thousands of accounts, and then deposited into various investment bank or brokerage bank accounts as margin."

When he heard Fang Chen say two billion U.S. dollars, Zhu Changhong almost thought he had heard wrong. He felt that Fang Chen was talking about two hundred million U.S. dollars, or two billion Chinese coins, and it should never be twenty.

billion US dollars.

But when Chen Shaoxuan repeated what he said to him, he realized that he had indeed heard correctly. It was really two billion U.S. dollars. And from what Chen Shaoxuan said, not only had the two billion U.S. dollars already arrived, but it had also begun.

operation.

Zhu Changhong couldn't help but his heart beat faster. He was at a loss what to do, his mind was in chaos, he didn't know where to put his hands, and his palms were sweating.

In fact, he always thought that the tens of billions of funds that Chen Shaoxuan told him were tens of billions of funds that had been magnified by ten or twenty times leverage. How could he have thought that the capital actually reached tens of billions of funds.

According to the current exchange rate between Chinese dollars and U.S. dollars, two billion U.S. dollars is almost equal to 11 billion Chinese dollars.

This is really a terrifying figure. Not to mention the current poor China, even in the wealthy capitalist countries such as the United States, the United Kingdom, East Japan, and West Germany, it is also incredible.

In the whole world, there are not more than a thousand people who can reach such a net worth.

If you consider that what Fang Chen took out was cash, it would be even more terrifying. After all, you have to know that even if some of the richest people in the United States are worth more than 10 billion US dollars, the cash they can take out will never be more than 2 billion US dollars.

so much.

He even thinks that the only people in the world who can spend so much money in one go are probably at least the top 100 super rich people. If we only look at the United States, only the top 30 rich people can do it.

.

If you include institutions, there will probably be more. Well-known big banks, big investment banks, and hedge funds can all provide it. For example, the Pacific Investment Management Company that he yearns for manages more than 22 billion US dollars in assets.

But you must know that the money of these organizations is gathered by countless people, and if it is divided among individuals, it is not much.

Even the company's chairman, bond king Bill Gross, is worth just over $100 million.

"As for leverage, anything from three to five times is fine. It's up to you to decide." Fang Chen pointed at Zhu Changhong again.

After hearing this, Zhu Changhong couldn't help but look at Fang Chen in surprise. This was a bit unlike Fang Chen's style.

Whether it is from Chen Shaoxuan's mouth or from what he saw today, Fang Chen can be said to be arrogant, unparalleled and domineering, with amazing moves and impressive moves!

But at this moment, why do I feel a little timid and petty when it comes to leverage?

Leverage of three to five times is simply too low, outrageously low!

Because the exchange rate is related to a country's national foundation, generally speaking, it rarely changes much. It can often fluctuate up or down by one percent, which can be said to be a big fluctuation.

This means that if the fluctuation is 1%, even if the speculator is right, he will only make a profit of 1%.

And under normal circumstances, the fluctuation of the exchange rate is only forty or fifty basis points, or only four or five thousandths. Such income is obviously meaningless.

So things like investment banks or brokerage banks emerged.

Speculators deposit principal in an investment bank or brokerage bank, then agree on an enlarged leverage, such as ten times or a hundred times, and then operate with the enlarged leverage.

For example, if a speculator deposits US$100 million in principal to an investment bank, and then agrees on a leverage of ten times, he can get US$1 billion from the investment bank to speculate in the foreign exchange market.

As for why investment banks are willing to provide leverage, it's not because they are angels.

It should even be said conversely that for many speculators, investment banks are the devil that pushes them into the abyss.

Because investment banks will set a liquidation line based on the ratio of principal and leverage.

According to the analogy just now, if US$100 million is enlarged to US$1 billion, then the investment bank will probably set a liquidation line at 9%.

In other words, once a billion dollars in the hands of speculators loses money and the loss reaches 9%, which is 90 million, if they cannot inject funds into the investment bank in time, the investment bank will forcefully liquidate the position.

If so, the remaining 910 million will fall into the hands of investment banks.

In other words, the investment bank made $10 million, while the investors lost all their money.

As for that, if the exchange rate suddenly rises back up in the next moment, or even doubles or ten times, it has nothing to do with investors.

As mentioned before, because the exchange rate does not change much, the leverage usually needs to be enlarged a lot to obtain good profits. According to international practice, the leverage for currency speculation is generally between ten times and four hundred times.

The higher the leverage, the higher the liquidation line will naturally be. If the leverage is 400 times, the liquidation line will be approximately 0.2%.

Of course, except for lunatics, no one is so crazy. After all, a liquidation line of 0.2% means that once the exchange rate changes slightly in an unsatisfactory direction, the position will be liquidated!

This is why many speculators have a love-hate relationship with investment banks.

I love them because they can only make money through the leverage of speculative banks.

I hate them because if the investment banks hadn't given them so much leverage, they wouldn't have lost all their money so easily.

And the most criticized thing about investment banks is that their profits are entirely based on the failures, or even the corpses, of their speculators.

Just like those disgusting scavenger vultures in the sky!

But no matter what, Fang Chen's leverage of three times or five times seems a bit too cautious, which is inconsistent with the image Fang Chen has shown in the past.

Even Chen Shaoxuan looked at Fang Chen with a blank expression, a little unbelievable that it was Fang Chen who said those words just now.

Seeing this, Fang Chen couldn't help but roll his eyes several times. Could it be that in the minds of these people, Fang Chen was just a madman who only knew how to slash and kill?

"Well, that's right, it's three to five times the leverage. This is already the limit. And how much money can you make by using two billion US dollars to increase this much leverage?" Fang Chen said helplessly.

Hearing this, Chen Shaoxuan and Zhu Changhong laughed sarcastically. They could indeed earn a lot of money.

The question raised by Fang Chen was settled in their minds the moment Fang Chen said it.

If according to what Fang Chen said, the pound can fall by 20%, the leverage of two billion US dollars will be tripled to US$6 billion, and US$6 billion multiplied by 20%, that is US$1.2 billion.

Is this less?

A business can earn 1.2 billion U.S. dollars, which is naturally a lot. This applies to any company or any country.

But the key problem is that if you want to earn this 1.2 billion US dollars, you must first ensure that the pound can fall by 20%.

In this regard, they hold conservative opinions.

But even if it drops by 10%, or even 5%, as long as the leverage is enlarged four times to reach 12 times the leverage, the US$2.2 billion can still be earned.

They feel that this is more in line with the actual situation that may occur, and twelve times leverage is indeed not much for currency speculation. It is considered a very conservative exchange rate, and there is basically no possibility of being liquidated.

I didn’t see that when Zhu Changhong was operating the Japanese yen, he even used a twenty-fold leverage.

Moreover, if the leverage is enlarged, more money will be earned. If the situation really happens as Fang Chen said, then if the leverage is increased twelve times, wouldn't it mean that you will earn more money.

That would not be US$1.2 billion, but directly US$4.8 billion.

For a moment, the eyes of Chen Shaoxuan and Zhu Changhong were filled with desire for wealth, as if they were sparkling.

Seeing the two people's greed for money, Fang Chen couldn't help but grin, no wonder there were so many speculators who jumped off the building.

Judging from the performance of the two of them, they are really worthy of speculation!

Greed them to death!

But immediately, Fang Chen felt helpless in his heart, thinking he didn't want to make more money?

He also wants to earn five billion U.S. dollars, or even ten billion U.S. dollars in one fell swoop.

Based on his understanding of the pound, under the watchful eyes of so many international predators, the pound is dead and there is no way he can fight back!

If he could earn US$5 billion or US$10 billion in one breath, he would dare to build ten more Dynamic Communications and directly cover the entire China with Dynamic Communications switches, allowing Fujitsu, Lucent, Siemens, and Ericsson to

Multinational communications companies have no place in China.

And he is confident that China will use 3G before 2005 and 4G before 2010, at least five years ahead of schedule.

But the key is not to!

If he dares to do this, he will be asking for death. Not only will he not be able to make money, but he will have to stay in China from now on, not daring to go anywhere!

Even if you go to Russia, you have to be careful. Without two to three hundred bodyguards, you won't even dare to leave the house.

As the saying goes, don’t treat village chiefs as cadres. The British Empire is not a vegetarian. Don’t forget that the sun never sets on the British Empire. It was fought with swords and guns, and mountains of corpses and seas of blood. If it hadn’t killed the Spanish Armada, then

It was impossible for the British Empire to dominate for a hundred years.

He was so crazy about combing the hair of the British Empire. If the British Empire didn't chase him to the ends of the earth, then he would write this square character backwards.

And you must know that a madman like Soros with the backing of the United States has actually increased his leverage five times.

Well, that’s right, in his previous life, Soros only took out two billion US dollars and then enlarged it to ten billion US dollars.

Why is Soros so cautious and not making so much money? Is it because he has no confidence in himself and is afraid of losing money?

Of course not.

Since Soros dares to mobilize so much funds, it is not certain that he will win, but he still has a 70% to 80% chance of winning.
To be continued...