Volume 8 Final Chapter Chapter 1108 Puppet
New York, noon.
Phone calls were made from the office of the South Asia Fund one after another, citing amounts and prices with almost no bargaining, in the hope of selling off the Thai baht in their hands as quickly as possible.
Nan Ya Fund, a fund used to take the blame and a target set up by PY Securities.
The attack on the Thai baht by the short sellers led by Quantum Fund and Tiger Fund has different interpretations in the eyes of different people. Some think that this is a simple arbitrage behavior, while others put forward the political structure theory, saying that the short sellers have the support of the White House behind them. This statement is more popular.
No matter what, Nan has ideas about Thailand, and PY Securities comes from an ally. It is not suitable for it to stand at the forefront of attacking the Thai baht. It is necessary to add a layer of shell outside.
Nan Ya Fund is now looking for trading partners willing to buy Thai baht in the entire foreign exchange market. Since the trading hours in Thailand have passed, the only ones it can look for are commercial banks that have business in Thailand.
After working for a long time, they only sold less than 35 billion Thai baht in total, which was less than a fraction of PY Securities' entire position.
Zhao Shixian in Bangkok was not surprised to receive the news, as the sudden resignation announcement by the Minister of Finance had thrown the entire market into a state of panic. When the spot market reached the critical value of the Thai baht, the trading departments of commercial banks became cautious.
If they buy Thai baht at the current price and cannot sell it in the market at a slightly higher price tomorrow, the only option left is to sell it to the Bank of Thailand. In this case, their work will be in vain.
After instructing New York not to stop and continue looking for trading partners, Zhao Shixian left his desk and walked into the lounge connected to the office. He stopped by the bed and leaned over to stroke the face of the man on the bed.
The person on the bed was Nan Yi, who had just returned to Bangkok from Sattahip in the evening.
The evening before, he arrived in Bangkok from Seoul, rested for a night, and then went to Sattahip without stopping. Accompanied by Rama Phubitpon of Queen Mother Fruit Industry, he went there to meet Supa, a senior Thai military official.
Supa, a young and vigorous member of the military, is on the rise. In a few years, he has a great chance of becoming a major leader of the military.
At the beginning, Pubipeng established a primary cooperative relationship with Supa with the help of the bad crowd group. The two sides have cooperated for several years and the relationship has become stable. Now that the Thai Southern Group is about to be established, Pubipeng's weight is slightly insufficient, so Nan Yi must come forward to meet with the other party and make some promises directly.
After all, representatives are just representatives, and there is a lot of room for maneuver. Some things can only be discussed if the represented person comes forward directly.
Thailand can be said to be a country of coups. The constitution is rewritten every 4.6 years on average, mostly to adjust the length of the government's term and set up an election system that is conducive to its re-election according to the needs of the incumbent government. Coups are also ridiculed as "Thai elections", and the people are accustomed to it. When the soldiers are carrying out a coup on the streets, some people will spontaneously bring them water and food.
No matter who sits in the prime minister's seat, he needs to consider the interests of the military. Once there is a conflict with the military, he can only wait for a coup. No matter who is in power, Thailand will never be able to change the core of the military government.
Therefore, if the Southern Thailand Group wants to operate safely and securely in Thailand, it must tie its interests together with the military. During the meeting, Nan Yi gave up 20% of the Southern Thailand Group's dividends and further transformed the Thai local enterprise into a Thai military enterprise.
Bamboo Bar is a jazz bar that has been open for 44 years.
A few months ago, Sun Jiayao felt tired from traveling, so she returned to Bangkok, which had been her hometown for three years. Smelling the air of her hometown and looking at the friendly people from her hometown, she made a decision to stay in her hometown for a while and taste the flavor of her hometown.
In the bar, Sun Jiayao and a cool female singer Aom Sunisa were sitting on two high chairs. They sang "Resignation" by Thai singer Billy Ogen, a song about workers who are so overwhelmed by the heavy workload that they want to quit their jobs and leave.
One is a professional, the other has a nice voice. If you ignore the mood , both of them sing beautifully. If you consider the mood, then they can only be said to be moaning without reason. Without the experience of migrant workers, how can they be sincere?
But it doesn't matter. The Bamboo Bar is located in a high-end hotel. Since its opening, the guests who come here are either rich or noble. Today, the bar was booked out, and the guests are all second-generation people. Their families are either business families or political families. Some are in business, some are doctors or actors and singers. Their professions are different, but there is definitely not an ordinary worker, and they cannot appreciate the artistic conception of the song.
After the song was over, Sun Jiayao put down the microphone, said something to Aom Sunisa, and went to the bar to get a drink. Shaking the cup, she joined the group and talked about the impact of the depreciation of the Thai baht. As they chatted, they cursed Soros a few times together.
Fortunately, the Four-Faced Buddha only advises people to be kind and compassionate, and will never curse anyone, otherwise Soros would probably be close to the seventh day.
The vicious curse ended, and the atmosphere in the bar returned to peace. As the background music of "Ku Gad" (original version by Lovelorn Alliance) sounded, everyone in the bar swayed and sang along with the music, and the atmosphere was pushed to cheerfulness again.
…
Morning.
Nan Yi sat at the dining table, eating preserved egg and lean meat porridge with fried dough sticks in the shape and size of a bow. Sun Jiayao sat opposite him, and Zhao Shixian sat next to him.
“Willawan resigned yesterday?”
Nan Yi held the World Journal in his hand and looked at the headlines.
Zhao Shixian replied: "Yes, today's market will be very big."
"I heard this guy is pretty good."
"There's no other way. He is the most suitable person to take responsibility for the current situation."
"The Thai people are still happy. At least they are treated as audiences, and the troupe should consider their preferences." Nan Yi put down the newspaper and turned to ask, "Is it time for the Thai baht to end?"
"Based on the strength of the short side, the outcome will be decided in about two weeks."
"What's next?"
"The positions in Malaysia, the Philippines and Indonesia are already prepared, and forward contracts are also being accumulated, so we can keep up with the pace of Soros and others."
Zhao Shixian never mentioned Lijiapo because it was not within the consideration of PY Securities. Nan and Temasek cooperated in many fields, Singapore had Nan's heavy assets, and there was also the friendship between Li Jialong and Li Weijing. It was not convenient to take advantage of the situation both publicly and privately.
"Once the Thai baht is breached, the bears will be very aggressive. Can your men handle the other places on their own?"
“It’s not a big problem .”
"Then when the IMF comes, you should stay in Bangkok."
"good."
After Nan Yi finished chatting with Zhao Shixian, he looked at Sun Jiayao again. Seeing the smoky makeup on her face, he immediately looked disgusted, "Little girl, you are so young, why are you wearing makeup, and smoky makeup at that."
“It looks good this way.”
Sun Jiayao spoke in a nonchalant but somewhat coquettish tone.
"Okay, don't put on makeup every day, it will damage your skin."
"I know, Dad, what do you think about calling my cosmetics brand Jade?"
"Not very good, this word is ambiguous."
"It's okay. Not many people remember that it can be extended to mean a slut now. They just think of it as jade." Sun Jiayao smiled slyly, "Besides, I just like the indulgence it implies."
"Brands can be indulgent, but people should not be. Just put on smoky makeup and don't wear messy jewelry. Last time I saw a woman, about your age, with ghost-like makeup. There was a nose stud hanging on her nasal septum, which was very big, similar to the one on Bull Demon King. Her tongue was cut in half from the middle, with tongue studs on each side. There was a black line tattooed from her chin to the middle of her neck."
Nan Yi gestured and said, "I thought at the time that this kind of personality culture is worth popularizing, especially in Asia. When ten pairs of parents meet, nine and a half will be angry and have breast hyperplasia, hyperthyroidism, endocrine disorders, depression, anxiety, and liver problems. In serious cases, there may be cerebral thrombosis and cerebral hemorrhage.
Our family sells medicine and runs a hospital, so we need this kind of culture to expand our consumer base.”
Sun Jiayao chuckled and said, "Dad, you are so cruel."
Nan Yi's face darkened. "Don't play dumb. I'm talking to you. I like to see monsters, but I don't want to have monsters in my home. That's it. If you go any further, I will definitely punish you."
"I know, I like makeup but I don't like tattoos." Sun Jiayao stuck out her tongue.
Just a slight knock will be enough, Nan Yi didn't say much to Sun Jiayao, after a brief silence, the topic at the table turned to Tainan Group.
Although Sun Jiayao had been naturalized as a Thai citizen early on, the Tainan Group was not prepared to let her manage it. She would only be the eldest daughter of the Tainan Group in name. In fact, she had been vain since she was a child and had always been very interested in cosmetics. Creating a cosmetics brand of her own and managing the investment in Nan's personal daily chemical products was her future path.
After the establishment of the heroine plan, Nan's company has invested a lot of money in the daily chemical field. Many daily chemical giants have shares in Nan's company, but the shares are not large, and it is not worth Nan's support for any company at all costs. Therefore, owning a daily chemical company with at least absolute control and fully supporting it to become an international daily chemical giant is one of the tasks that Nan's company needs to do next.
The ideal situation is that Sun Jiayao can build her own brand, so that Nan’s can fully support her business.
The reason why Sun Jiayao was chosen to complete the platform work here is because the staff of the Po Leung Kuk Orphanage found a gold and jade pendant of the Four-Faced Buddha on her neck. It is not very valuable, but it is definitely from Thailand. This shows that one of her parents is very likely to be Thai or has a great connection with Thailand.
Moreover, she has lived in Marseille most of the time so far, and she had some difficulty learning English before, but she found it very easy to learn Thai, which strengthened Nan Yi's choice.
After finishing the business talk, breakfast time was over.
Nan Yi did not stay in Zhao Shixian's office to pay attention to the Thai baht market, but asked Sun Jiayao to take him to Samphanthawong District, which is Bangkok's Chinatown.
The car was about to turn from Shilongjun Road into Yaohuali Road, the main road of Chinatown. Nan Yi, who was admiring the scenery along the way, looked straight at a tuk-tuk parked on the side of the road. After looking at the driver's face a few more times, he stopped the car and turned his head to confirm again through the rear glass of the car.
After a long while, Nan Yi murmured in a complicated and inexplicable way: "You are really promising. You have fallen to the point of driving a three-wheeled motorcycle."
"Dad, who is he?" Sun Jiayao asked curiously while sitting next to Nan Yi.
