Chapter 309 The countdown to the big event begins(2/3)
The Norwegian side could not afford to lose even more, so the Norwegians showed their kindness to Abel first.
They were even willing to take out the shares of the two most important companies.
Soros seems to be stronger now.
But the ingredients on his side are too complex, including all kinds of ingredients in international hot money.
They don't completely follow Soros's orders. Most of them just follow Soros to fish in troubled waters.
If only they could all listen to Soros's orders and be able to use their fingers like an arm.
Not to mention Norway.
Except for the United States and other countries that are financially closed, it is estimated that no country in the world can withstand their attacks financially.
The actual situation is that Soros can directly command the movement, and the funds willing to fully obey his words are actually less than Abel!
It is precisely because of this that Soros has been unable to provide benefits to Abel.
Because they are not a whole, they are often each other's competitors or enemies.
Why does Soros allow others to benefit Abel? Why do others help Soros benefit Abel?
So the final result was that Soros only found Abel once, and there was no further movement.
The reason is that international tourism capital itself is countless messy international capital.
It's just a group of financial pirates who gathered temporarily under a seemingly profitable situation.
It's okay to fight against the wind and everyone swarm forward.
When someone needs to sacrifice, no one is willing.
In this case, Soros simply cannot provide much benefit and is unwilling to do so.
Now faced with Abel Chiguoguo's blackmail, all Soros can do is threaten and try to prevent Abel from ending up.
"Then are you really going to end?" Soros's voice continued.
"Aren't I informing you? George, for the sake of our good relationship, I think I should inform you first to prevent our friendship from changing color."
Soros wants to say, what kind of friendship do we have?
There is no friendship among financial giants.
If possible, each financial giant would like to bite large chunks of flesh from the other's body!
In a field like finance, which is a zero-sum game most of the time, it is impossible to have true allies!
Some of them are just false allies temporarily united because of interests.
"In that case, we can only talk on the exchange rate between the US dollar and the Norwegian krone." Soros, who was unable to offer any benefits, or should be said to be unwilling to offer any benefits, said in a deep voice.
"Is this your feedback? Very good, George. Then when I take the Norwegian shares, I can take it with peace of mind."
"goodbye!"
Abel hung up the phone first.
In a hotel in the City of London, there was a "pop" sound, and Soros smashed the mobile phone in his hand to pieces.
His secretary didn't say a word and silently stepped forward to clean up the mess.
After a while, the secretary found the special mobile phone sim card for the mobile phone, and then inserted the mobile phone sim card into a new mobile phone.
Then he silently handed the new phone back to Soros, who was full of anger.
Soros took the phone, made a call and went out, then went into the bathroom to wash up.
When he came out, the secretary heard that he was still on the phone.
"Yes. That little Dixie obviously knew something. I was fooled just now. I'm so angry."
"I should pretend to agree to his conditions and wait for a few more days. If he wants to do this at that time, it will be impossible."
"But it may not be possible. If he knows something, he won't make a wrong judgment just because of my few words."
"Yes, yes. But who would have thought that Norway has such good resilience? I originally thought that the battle would be over in a month and a half at most!"
"What should we do? Retreat. It's not that we are afraid of him. It's that our time has been delayed for too long, and the best opportunity has passed. Stop now and wait and see what happens."
While making phone calls continuously, Soros walked out of the hotel.
Abel was more direct. He made a phone call.
London, England and New York, the United States, the two headquarters of Smith Capital, immediately began to liquidate their long positions in USD/NOK on a large scale.
By noon that day, the Norwegian krone, which had already broken through 7.8, quickly fell back to the 7.7 line.
After discovering the large-scale liquidation of Smith Capital.
Many people have realized that Smith Capital is preparing to leave the market.
By leaving the market at this time, it is obvious that it is going against the international hot money headed by Soros.
Everyone originally thought that we would see a good show on the Norwegian krone next.
The new financial god who has been undefeated since his debut faces off against Soros, the sword of Wall Street and international hot money.
However, at night, a scene that shocked everyone appeared.
That is, a day has passed and Soros has done absolutely nothing.
This Wall Street oilman financial tycoon sat back and watched as the exchange rate of the Norwegian krone, which they had finally defeated, fell to the 7.7 line.
Many people are speculating that Soros may not have moved because he may have reached an agreement with Abel.
In this way, some of the international hot money following Soros will no longer be involved.
Soros himself does not come forward, and this part of the hot money will come out on his own.
The confrontation officially emerged the next day, and the exchange rate of the Norwegian krone was once again pulled back to the 7.7950 line.
By the end of the day, the Norwegian krone remained at the 7.7550 line and continued to fluctuate.
Yesterday and today, for two consecutive days, Soros was extremely calm.
In the past two days, Abel also signed agreements with the Norwegian Petroleum Fund and Norges Bank Investment Management Co., Ltd.
American Pacific Energy Company acquired 10% and 5% of Statoil's shares at prices of US$1 billion and US$500 million respectively.
These shares are preferred shares.
So-called preferred shares are subject to internal voting within the company compared to common shares.
The voting rights are only one-tenth of those of ordinary shares, or even none at all.
Simply put, preferred stocks are generally shares without voting rights.
Since important voting rights have been lost, there will of course be compensation in other ways.
Preferred shares without voting rights will have priority dividend rights when dividends are distributed.
This means that when the company pays dividends, preferred stocks can get the money the fastest.
Most of the shares held by giants like Wall Street in Han Guo are preferred stocks.
This is also the reason why Lee Jae-seo’s family’s shareholding is so low, yet he is still able to run the Samsung Group.
Because of his small share, he almost has the most voting rights.
Basically, the money earned does not go into his own pocket, and most of it goes to the mouths of Wall Street giants.
So many times, the Hanguo consortium looks rich, but is actually very poor.
So after Li Zaixi passed away, when his children were forced to pay inheritance tax, they had to sell a large number of shares in exchange for cash, and use the cash to pay inheritance tax.
It’s not that they don’t value these shares, it’s that they really have no money, and the lack of money here refers to cash.
Who said that most of the company's profits were taken away by foreigners?
In fact, most of the Hanguo Group is like this.
What the chaebols get is power and influence in the southern peninsula.
Most of the real profits go to foreigners.
This is also the reason why those plutocrats who seem to be making a lot of money often appear to be stingy.
That’s not because they want to be stingy, that’s because they really don’t have much money!
It's because more than 90% of the money earned by giant companies like Hanguo and used for dividends is given to Wall Street.
The two 5% shares given by Norway are also this type of stock.
The majority of the shares in these two companies, 51%, are owned by the Norwegian government.
The rest is in the hands of local Norwegian capitalists.
Abel also knew that it was impossible for him to annex these two Norwegian companies.
He wants these 5% shares mainly to increase his voice in Europe.
As the largest oil producer in Europe after Maozi, Norway still has a certain say in Europe even if it does not join the EU.
To be continued...