No, on the contrary, they made a fortune. The international consortium headed by Soros swept through Southeast Asian countries and then targeted Hong Kong. Hong Kong had US$80 billion in foreign exchange reserves at the time, and the Soros consortium spent more than US$100 billion to enter the Hong Kong financial market.

Due to speculation, Hong Kong asked the central government for emergency help. The central government secretly transferred US$160 billion in foreign exchange reserves to the Hong Kong financial market to help Hong Kong tide over the crisis.

This was something the Soros Consortium did not expect. As a result, all the tens of billions of dollars that the Soros Consortium collected from various Asian countries were lost to Hong Kong.