Chapter 138 Surrender without a Fight

Fortunately, in the package that Li Changheng handed over to several media in London, it was indicated that the news was not only for the media in London, but also for the media in France and other countries.

It was 5 a.m. London time on Friday, three hours before the London market opened.

The French newspapers, which were an hour ahead of London, not only reported the Bank of England scandal first.

They also dispatched manpower to rush outside the Reserve Bank like the local media in London to stare at all the nearby manhole covers.

The English media, which was first reported by other countries and struggled all night, no longer have any scruples.

The newspapers that had already been printed began to be delivered to thousands of households under the order of a few phone calls.

At 7 o'clock in the morning, in just two hours, the news finally spread widely.

Originally prepared to raise the price on Friday, in order to use the two days of the weekend, the Bank of England, which was lobbying Downing Street, suddenly panicked.

After reading the newspaper, the directors picked up the phone with cold hands and feet and shortness of breath, and called the security of the Reserve Bank and the police station in Bailujing.

They are forced to watch all the sewers, and no one is allowed to open the manhole cover to check.

It's a pity that the reaction speed of these people is still slow.

It is impossible for the inspectors and superintendents of the White Hart Lane Police Station who were threatened by Li Changheng to come forward directly.

However, they deliberately slowed down the time of dispatching the police. They even got the news at noon on Thursday. After discussing it all afternoon, they found a few or a dozen acquainted colleagues after get off work, or they went to the bar to drink.

After receiving the call at 7 o'clock the next morning, many people were hungover and lay in bed.

By the time a large number of police arrived near the Reserve Bank, the manhole cover had already been opened by a local reporter in London.

A few journalists who risked their lives to enter the sewer have already taken out a large number of contaminated old banknotes for dozens of reporters around to take pictures and take pictures.

It's over.

The shareholders of the Bank of England rushed to the Reserve Bank to see this scene, and the only thought was to clean up the dirty things on themselves first, and they didn't have the mind to care about the exchange rate on Friday.

At 8 a.m. London time, the stock market will be closed from the opening to 4.30 p.m. Although there is a fight between bulls and bears.

But anyone with a discerning eye can see that the bulls don't have enough funds, and even they themselves lack confidence.

In order to make up for the losses caused by being optimistic about the exchange rate of the British pound, some people even turned around and started to hedge, and began to establish short contracts.

It's a pity that it is not so easy to establish short contracts at this time. Institutions are not fools, and retail investors are more likely to exist with the wind.

As soon as the overwhelming scandals were revealed, it was too late to go short, and who would buy short contracts.

After watching the London news in the afternoon, Li Changheng cursed again out of dislike.

Money is definitely earned, and even if it continues like this, it will be easy to earn 20 to 30 million US dollars by the time of delivery on Monday.

But as soon as he saw the one-sided situation, Li Changheng cursed the Bank of England people as idiots and idiots.

I thought that no matter how passive they are, they can always take some defensive measures to hold on to the exchange rate on Friday, and after two days of fermentation over the weekend, Monday is the moment when the exchange rate plummets.

In this way, even if he earns a little less, as soon as the futures are delivered on Monday afternoon, after withdrawing 20 to 30 million US dollars in cash, those bearish institutions and retail investors in the market will be suspicious and follow him to deliver the contract.

After all, it was suddenly revealed that the old banknotes had been stolen. Except for Li Changheng, no one in the entire market knew about it.

This kind of sudden assist makes the short sellers happy, but at the same time, they also think in their hearts that if they run slowly, will they be eaten up most of the long margin earlier?

Once someone follows the trend and withdraws from the market, in the following time, if the bearish forces want to establish a larger contract, it will not only take time, but it will not be so easy to find someone to take over the contract.

The damage to England's economy would be less severe.

But now, the exchange rate began to fall on Friday morning, which means that the people of the Bank of England raised their hands and surrendered without even resisting.

FK.

The reason why the financial tsunami is called a tsunami is because the money that the instigator can make in the financial market may be only one tenth, or even one percent, of the damage he caused.

If Li Changheng and those who are bearish on the exchange rate of the British pound can earn 100 million US dollars, then once the market loses confidence, the damage caused will be billions, tens of billions, or even tens of billions.

And the direct loss of money is not the biggest loss.

The plummet of a large number of assets will definitely cause the English people to shrink their clothes and go on a diet, and the economy will not be able to recover in a few years, or even seven or eight years.

Once this is the case, Li Changheng will never want to stay in England in the future.

Angrily, he took off his tie, walked back and forth in the private room of the exchange, his mind spinning rapidly, and pondered for half an hour.

Fortunately, before planning, he thought about how to prevent the crisis from expanding.

The most simple and direct is that once the Bank of England is nationalized, the market's attitude towards the pound will at least regain confidence, if not bullish.

If we find those five diplomats again, we don’t even need to rescue them, we just need to make sure that they are still alive, even if they are imprisoned, isn’t there still a possibility of negotiation?

Anyway, England did not participate in the Vietnam War, and the previous colonial ruler was also France.

The Yue man is not a fool, the worst result is nothing more than five people being imprisoned until the end of the war.

Even, if he was worried that the five people would die during the detention, the more men might release them with some benefits.

As long as no one is dead, England has no reason to intervene in Yuenan.

Li Changheng called the full-time traders of the exchange and set an order for delivery on Monday.

Even worried about setting up a trading valve with the exchange and several offshore island banks, all contracts must be delivered before 4 pm on Monday, and the funds will be remitted to several offshore island banks, and finally all remitted to UBS.

Only then did he look in the mirror, make sure that the makeup and fake beard were okay, left the exchange and drove to Stuttgart, West Germany, and called Annie.

Half an hour later, he changed to another phone booth before calling Philip.

"Go ahead, Henry, I hope it's good news."

Li Changheng narrowed his eyes immediately.

Did I get too close to Philip's family? The old guy could easily guess what he did.

Thinking of the next plan, Li Changheng immediately decided to leave London for a while after solving this crisis.

"After the Bank of England had such a big scandal, it was not the first time to stabilize the exchange rate, which means that they are not worthy of continuing to be a note-issuing bank.

I propose to nationalize the banks, and at the same time, if the five diplomats from the Ministry of Foreign Affairs leave the occupied areas safely, and even leave Viet Nam, the crisis can be easily subsided.”

Philip secretly said with a sigh of relief, "People will definitely be saved, but it is not so easy to take the Bank of England back into the country."

Li Changheng didn't believe Philip's words, "This is your problem. I will help you find those five people. What benefits can I get?"

Then I thought in my heart that I would definitely not go to Yue Nan, so I had to use the opportunity.

PS: It will be on the shelves at 12:30 noon on Friday the 12th, and ten chapters will be presented.

The rest depends on the strength of the book lovers, the first order, monthly pass, and rewards are all here.

I still have a lot of manuscripts.