Now it is not only Hirano Trading Company that is conducting relative operations with Pang Zhou, but six or seven main dealers in the entire market are angered and have begun targeted reverse operations.

A lot of funds are invested, and then displayed in indicators such as price and trading volume in the futures market. This long-short confrontation is staged almost every day, but only in a very rare moment will it evolve into such a fierce hand-to-hand combat.

Although the current situation is that the market is suppressed by large amounts of funds and the rubber futures price plunges straight. However, from the fundamentals, there is no serious negative news. In the long run, it should have considerable upward potential.

A discerning person can tell at a glance that this will not last long. Unless you have a appetite of hundreds of billions of dollars and buy the entire rubber market, the rubber price will stop falling and rebound sooner or later.

The discovery of rubber futures prices, one looks at the market information, rubber production and policies of various countries, which directly determines the cost of rubber products. Second, it depends on market confidence. If everyone believes that the price of rubber will rise, even if there is no good news, it will rise.

And now, most people believe that the price of rubber will rise again sooner or later. Since this is the case, Pang Zhou, who operates against the trend, is actually creating opportunities for them to buy long orders. With such a good opportunity to make money, who will hesitate again?

Being able to stop the decline of rubber at 33 baht means at least that there is no less than US$5 billion in the opposite direction. As the price of rubber continues to rebound, it also indicates that more and more forces are joining the long ranks.

The trader sitting in front of the computer is now sweating profusely. Although he is only a person who is ordered to operate, he also seems a little scared when he looks at the numbers that are constantly beating on the screen.

The price of rubber is beautiful and one decimal point after the decimal point. It indicates that tens of millions of dollars have quietly converted the owner.

Although Pang Zhou has tens of billions of dollars in his hand, this money may not be enough to lose. This tens of billions of dollars of capital will at least lose 30 billion to 5 billion. Of course, maybe not to lose 30 billion to 5 billion, and the regulatory bank may forcibly clear these short positions.

"Mr. Pang..."

The trader swallowed gently and said nervously: "..."

"Oh. It's time to be over." Pick up the TV's remote control from the table and turned on the Thai Economic Channel, which was broadcast on satellite TV.

He has been watching this channel these days, and he has specially built a Thai translator in the big house. After all, the Singapore Rubber Exchange mainly deals in Thai rubber futures, so there is no difficulty in finding talents in this area.

Temporary news is constantly rolling below the Thai Economic Channel on TV, including stock markets, futures markets, and instant news reports from major news agencies around the world...

Not long after Pang Zhou turned on the TV, he saw that the originally normal Thai Economic Channel suddenly switched the screen to a news broadcast room.

The two announcers looked a little hurried, obviously not much mental preparation, so they picked up the manuscript and started reading it.

At Pang Zhou's request, Thai translation began to translate speeches on TV. Fortunately, the native language of the translation is Thai, and understanding Thai news is not a problem. As long as the translated English can achieve the meaning, Pang Zhou will not have too many requirements.

News about Thailand's economy in the Singapore Rubber Exchange has always been highly anticipated. As the world's largest exporter of natural rubber, Thailand's every move affects the nerves of the rubber market.

"The Thai government announced... from now on... to implement a floating exchange rate..."

"Okay!" Pang Zhou could no longer pretend to be calm. Before the translator could finish all the content, he stood up excitedly!

"Short orders, go for all your strength!" Pang Zhou pointed his hand at the trader and quickly issued the last blow that had been brewing for a long time.

“Short orders of $2 billion!”

A sudden uproar occurred in the market. Almost everyone was fooled by Pang Zhou's last move!

At the same time, relevant information about Thailand's economy began to scroll on the large screen of the exchange.

"Thailand announced the implementation of a floating exchange rate system."

"The Bank of Thailand declares a critical emergency in its domestic dollar foreign exchange reserves."

"."

"Thai rubber spot fell by one tenth against the US dollar."

"Thailand's largest rubber company announced that it would give up using Thai baht pricing."

"."

...

Sudden news came like a terrifying tornado that hanged across the entire trading hall in just ten minutes. Not only the retail investors in the hall, the main players in the big room, and the dealers who manipulated the entire market, were all silent.

The decline in the Thai baht exchange rate against the US dollar was of course Soros who started his raid. The Thai government exhausted the last trace of foreign exchange reserves in a short period of time and had to give up its persistence on the Thai baht exchange rate.

Under the continuous attack of Soros' army, the Thai baht exchange rate against the US dollar continued to fall. Thailand suddenly became in chaos. The situation of the war was complicated.

Quantum Fund not only launched an attack on Thailand in the exchange rate market, but its domestic stock market, futures, spot, capital, and financial derivative markets have all been attacked by crazy short sellers.

It is worth mentioning that Soros did not directly operate on the spot of Thai baht, but used the short-term Thai baht in his hand to borrow forward Thai baht futures to sell. In this way, when the forward Thai baht is bearish, it caused pressure to sell Thai baht spot. Through the pressure exerted on the forward Thai baht by a small amount of funds, it is easy to use the hands of others to create the recent depreciation pressure of the Thai baht...

These dazzling operations are complicated and dangerous, which are also the reason why Zhou Shuo is unwilling to follow the main force easily. His capital scale is too large. Once he enters the front battlefield in Thailand, there is no guarantee that Soros will not eat the one he intends to take a ride first.

Making a small profit in Thailand is already the best way to make billions. He and Pang Zhou have never entered the circle on Wall Street. Of course, no one will regard the Liuer Fund, which is manipulated by the two Chinese people, as their own.

When he focused on the rubber futures market, of course, it was impossible to just wait for the opportunity to come. How Soros's achievements in the front battlefield can be transformed into fluctuations in the rubber futures market is still a very troublesome thing.

The foreshadowing of hundreds of millions of dollars in rubber spot stock in the early stage can be started. When the Thai baht fell sharply, the transactions that had already agreed began.

, and then use this spot to deliver the soon-to-date rubber futures short order. Although a part of the profit was temporarily lost, the early short orders that had been purchased before had already made the profits, and at most they were just a draw in and out.

However, the large number of spot turnover rates and the sharply reduced Thai baht-to-USD exchange rate have also caused the rubber spot price to fall sharply.

Soros' abacus was to use the depreciation of forward futures to create pressure on spot depreciation, while Zhou Shuo was the opposite. What he had to do was use the pressure of spot decline to drive futures to lose.

Whether it can be successful or not needs to be tested by the market.

At this time, Heino Moto was already standing in front of the fence outside the big room, staring at the large screen of the entire wall of the trading room.

"Hirano Trading Company, one million orders!"

In this fragile moment of calm, Hirano Yuan's voice suddenly sounded.

So what if Thailand's exchange rate falls? The market determines the price of rubber, which is the supply and demand relationship. As long as Thailand does not reduce rubber production this year, as long as the world's rubber demand is still so much, the rubber price will not be easily influenced by the financial market.

Click, click sound rang in the corridor of the big house on the second floor, and people kept coming out of the big house.

Just as Heino Moto finished speaking, a fat Malaysian man not far away also shouted: "Genting Trade 30,000 long orders!"

"Honglong Trading, 500,000 long orders!"

...

One long order after another sounded from the aerial corridor on the second floor, and the entire exchange suddenly became boiling.

Betting is also a big gamble. Such a scenario has not happened for a long time. Just because these companies that have stood up and worked together, the resources they have in hand are probably worth hundreds of billions of dollars.

Such a capital volume is almost invincible in the market. The entire rubber market had only a transaction volume of tens of millions of tons in 1997. With a capital of hundreds of billions of dollars, it is no problem to buy all the rubbers in the world.

This is not surprising at all. The world's rubber exports to Southeast Asia account for 70%. The Singapore Rubber Exchange is the largest rubber trading market in Southeast Asia, and it is easy to concentrate so many rubber companies. Of course, the scale of this 100 billion US dollars is the scale, and various trading companies cannot only operate rubber products. It is hard to say how much resources can be obtained for a futures product.

Heino Moto wanted to go out of the big room and spend $1 billion long orders, which was to mobilize the momentum of the entire market. In fact, there are really many trading companies that are willing to stand with him.

The Thai rubber market is indeed important, but in addition to this, there are Malaysia and Indonesia, which are also major rubber exporters, and are not much worse than Thailand. Besides, how much damage this crisis will cause to Thailand, everyone is still waiting and watching. After all, the financial crisis is just a financial crisis, and it is unknown how much impact the real economy will be affected.

As long as the market environment does not deteriorate, only one Thailand has financial problems, the rubber market is not that fragile.

"Okay, I'll pick it up!"
Chapter completed!