Chapter 1142: The Rothschild family, which repairs the fold after a sheep is lost

He frowned for a long time as he recalled the past, and after making up his mind, he said slowly, 'Xia Yu has a very strong defence force, so I have no way of knowing his exact whereabouts in detail. I only roughly know that after he returned to Hong Kong in May, he has never left, and except for social engagements, he is always at home or at the company.'

'And he's very low-key, and doesn't show his face in public.'

'But his company and subordinates have done quite a lot, and I think they're just carrying out his will.'

'For example, in June, Jiuding Real Estate Group publicly announced an investment of 3.5 billion Hong Kong dollars to build the world's tallest building, which caused a huge stir.'

'Another example is in July, his Galaxy Studios and Universal Cinemas acquired the original Hong Kong film and television overlord, and directly became the absolute monopoly giant in the Hong Kong film market.'

'Of course, before he returned to Hong Kong, the four stock exchanges in Hong Kong completed an institutional merger, and his two subordinates, Liu Tianci, president of Jiuding Bank, and Wang Qi, president of Jiuding Securities, served as chairman and vice chairman of the Hong Kong Unified Stock Exchange.'

'...'

Charles Rothschild was telling the story in as much detail as possible.

But in reality, there wasn't much he could say, because Xia Yu was indeed very low-key. He gave orders within the company and let his subordinates carry them out, rarely getting his hands dirty.

Even when he did, it was done in secret within the company.

With three layers of protection – a personal bodyguard, Aegis Security and the hidden network – Xia Yu's privacy was protected in the fullest sense of the word, excluding all suspicious people and situations.

In Hong Kong, even the KGB and MI6 would not be able to find out the real situation of Xia Yu, not to mention Charles Rothschild, who is not in command of all the forces of the Rothschild family?

However, Charles Rothschild's Hong Kong Rothschild & Sons Ltd. is after all engaged in finance, so he can still find out if there is relatively big movement in the financial industry.

What's more, Xia Yu's Jiuding Financial Group is still the leader of the Hong Kong financial market.

What he was talking about was that in July, he noticed that Jiuding Financial Group had exchanged a large amount of Hong Kong dollars for US dollars.

Because the US dollar has been appreciating for the past two years, Jiuding Financial Group has also been exchanging Hong Kong dollars for US dollars, but starting in July, the exchange became very aggressive.

This piece of information was the only thing in Charles Rothschild's long speech that made everyone's spirits lift.

'If Charles's information is correct, then the Jiuding Financial Group must have determined that the US dollar will appreciate significantly in the near future, which is why they are being so aggressive.'

'In other words, the Jiuding Financial Group knows in advance that the Federal Reserve is going to raise interest rates?'

'Or maybe he knows that a Latin American sovereign debt crisis is about to erupt!'

Harry Rothschild narrowed his eyes and said.

Jacob Rothschild said indifferently, 'Our family bank is also involved in formulating the Federal Reserve's policy of raising interest rates, so it is only natural that we know in advance. However, Xia Yu should not have known this news.'

Jacob Rothschild was very sure of this judgment, because Xia Yu definitely did not enter the circle of the Federal Reserve. Xia Yu was not qualified to attend such top-level meetings of the global financial circle, and no one else would tell him either.

'He must have judged that there will be a sovereign debt crisis in Latin America!'

Evelyn Rothschild said very confidently.

'Because the Royal Bank of Scotland, Standard Chartered Bank, and Bahrain Bank do not hold even one dollar of Latin American sovereign debt.'

'These three banks are all connected to him!'

'Originally, Barclays also held shares in RBS and Standard Chartered, but in January of this year, in order to preserve the family's license and brand of the French Edmond de Rothschild Bank, we made a deal with him and transferred the shares of these two banks to him.'

'Before that, RBS and Standard Chartered both held Latin American sovereign debt.'

'But after we withdrew, RBS and Standard Chartered sold all their Latin American sovereign debt, and some of it was taken over by our bank, Barclays...'

Evelyn Rothschild felt very uncomfortable after saying this.

He knew about the takeover of Latin American sovereign debt, and he approved of it. The reason was that the price at which RBS and Standard Chartered sold it was relatively low, so he was willing to take the risk.

But who knew that Latin American countries would dare to disregard their national credibility and default on their debts?

He is not God, so how could he have predicted such uncontrollable political factors outside of business?

"How could he have known that Latin American countries would default on their debts?'

'From his actions, it can be seen that he is very determined, and he must have been very confident!'

'Or...was he the one behind the scenes pushing Latin American countries to default?'

Lister Rothschild said with a mysterious look on his face.

Just as everyone else started to speculate,

Jacob Rothschild, sitting at the head of the table, finally spoke again.

'There's no need for wild speculation. I've already had someone look into it, and Rockefeller and Morgan have also looked into it. Latin America and other countries' defaulting is a subjective act of the countries themselves, and the Jiuding consortium's hands don't reach so far.'

Everyone's brows furrowed.

Lester Rothschild said with a grave face: 'So you mean he or his team analysed it?'

Facing the inquisitive gazes of the crowd, Jacob Rothschild nodded slowly: 'There is only this possibility.'

The faces of the crowd changed.

At this moment, the name Xia Yu left a deep impression in their minds.

Elro Loheal suddenly said, 'Jacob, I suddenly understand why you wanted to control him before. This kind of person is terrifying, and there is a great possibility that he will stand at the top of the world.'

'Unfortunately, he is a very cautious person with a lot of hidden strength. We have set traps for him many times, but we have never caught him,' said Jacob Loheal regretfully.

'Now his Jiuding consortium is even stronger, and the core company has never been listed, so we can't find an opportunity.'

'It's hard to say whether this time's Latin American sovereign debt crisis is an opportunity for him to attack us.'

Upon hearing this, Evelyn Rothschild looked guilty and apologised, 'I have to apologise to everyone. Although I suspected it, I still decided time and time again to take over the sovereign debt of Latin American countries held by these banks.'

'Otherwise, we would have held at most 5 billion US dollars in Latin American sovereign debt, not as much as we do now, which has caused this predicament,'

Jaburg Rothschild consoled, 'Evelyn, you don't need to blame yourself. We also analysed that the sovereign debt of Latin American countries and other countries was very risky, but didn't we also expect them to dare to default?'

'If Latin American countries and other countries do not default, in fact, we hold so much sovereign debt, we will definitely be able to make huge profits.'

The others couldn't help but secretly nod in agreement with Jaburg Rothschild.

Looking at the history of the Rothschild family's rise to power,

At its peak, the Rothschild family was known as the 'Sixth Empire' because they relied on lending to various sovereign states, didn't they?

By relying on the finances of various countries to feed off them, the Rothschild family was once able to stand at the top of the world.

However, due to the two world wars, they were besieged by other subordinates and enemies, and they fell from the top.

The defaults on the debts of the Rothschild family's banks in Germany, Italy and other countries were also due to the war.

On the premise that there would be no war in Latin American countries, and that they only occupied about 4% of the Latin American sovereign debt market, no one would have thought that Latin American countries would dare to default on their debts.

They didn't expect it, and neither did Rockefeller, Morgan and other families, so this was basically a black swan event.

'The reason I'm telling you this is just to give you a heads-up. As the Jiuding Group grows larger and larger, the circle of its activities will become smaller and smaller, and it will definitely run into you guys.'

'I hope that in the future, when you come into contact with the Jiuding Consortium and Xia Yu, you will be more vigilant and avoid a situation like this.'

'At the same time, you can also pay more attention to the Jiuding Consortium, and you may be able to obtain considerable benefits from it.'

'Of course, if you can find any loopholes or weak points in the Jiuding Consortium, be sure to let me know immediately. It would be best if we could control and win over the Jiuding Consortium and Xia Yu, but if we can't, then we should suppress them as much as possible, or even destroy them.'

'The world's cake is only so big, and with one more person involved in dividing it up, we'll definitely get even less...'

'I understand, Jacob, I'll be more careful from now on.'

'I understand what you mean too, don't worry.'

...

Everyone nodded in reply.

Finally, Jacob Rothschild looked at Charles Rothschild and said, 'Charles, after all, we are far away from him and are also involved in other things. Only you are in Xiangjiang, so you must take on the responsibility of supervision. You are the family's frontline sentry.'

'I know Xia Yu's security is very strong, and it will be difficult for you to keep an eye on his itinerary, but the Jiuding Consortium will always carry out his orders.'

'You can expand your staff and set up a department specifically to keep an eye on any movements of the Jiuding Consortium. Once you notice any unusual behaviour, report it immediately. Just as you said earlier, the large-scale exchange of US dollars by Jiuding Financial Group is actually a piece of special intelligence that can be reported.'

'Do you understand?'

Charles Rothschild nodded heavily, 'I understand. I will treat this as the most important thing and persist in doing it for a long time.'

Jacob Rothschild smiled and nodded, then looked at the others and asked,

'Does anyone have any questions?'

Seeing that everyone shook their heads, he said with a smile, 'If not, let's have dinner together, and then everyone go back and act according to the division of labour in the plan we just made.'