On August 5, 1998 (June 14 of the Lunar calendar), the financial giant Soros attacked the Hong Kong dollar.

by Soros

In July 1997, Soros massively sold Thai in Thailand, a move considered to be the spark of the world's attention of the Southeast Asian financial storm.

From August 5 to 28, 1998, a number of giant international financial institutions headed by Soros (with American investment funds and investment banks as the main force) joined forces with the Hong Kong SAR government of China to fight in the foreign exchange market, stock market and futures market. The two sides invested heavily in the "fierce battle" for about two weeks, which temporarily ended with the victory of the Hong Kong government. However, reports about the causes of the Asian financial crisis and the "fierce battle" between the Hong Kong government and international speculators in the financial market have increasingly focused people's attention on George Soros, whose reputation is becoming more and more famous.

George Soros was born in 1930 to a Jewish lawyer family in Budapest, Hungary. The Soros family escaped Nazi pursuit using fake documents in 1943-1944. Immigrated to Britain in 1947. Silently engaged in securities trading and financial analysis in London and New York in 1954-1979, emigrated to the United States in 1956 and married in 1961 and became a U.S. citizen.

In 1979, Soros changed the name of the Soros Fund, which was founded in 1973 in collaboration with humans, to the Quantum Fund. by 199o, Soros Fund had established 89 agencies in 26 countries.

In September 1992, Soros earned a record $1.5 billion in just a month of the pound crisis and became a member of the board of directors of the University of Oxford as a major sponsor.

In 1993, Soros became the first person in American history to earn more than $1 billion a year with an annual income of $1.1 billion. Nine of the top 100O personal income rankings in the United States that year worked for the Soros Foundation. Later, Soros became famous. In 1993, he became the cover of Businessweek as "a person who can change the market". In June 1994, he was called "the bad boy of global finance" by the Wall Street Journal.

The available material reveals that Soros may be a gambler, but he is definitely a super gambler with guts. Like all gamblers, Soros has extraordinary self-confidence. Once you believe that your judgment is correct, your investment position is never too large. Unlike ordinary gamblers, Soros also has the ability to survive from death. He likes to say, "If you don't do it well, the first action is to stop. Don't try to turn over the book. When you start over, start small." Soros's intuition and flexibility are often praised by people around him.

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The front-right third was the Hong Kong finance chief who fought Soros.