They are all reborn, and the grandson is still a spare tire
Chapter 1190 The Real Nuclear Bomb
About ten minutes later, Yao Yuan brought the Financial Secretary of the Hong Kong government, Mr. Ren, the CEO of the Hong Kong Monetary Authority and others into the conference room to discuss how to deal with this stormy financial crisis.
As soon as he sat down on the chair, Financial Secretary Tsang couldn't wait to say:
"Mr. Yao, as you expected, this global financial crisis has broken out, and it is coming with great force, causing a considerable impact on the financial market of Hong Kong Island."
"Based on the current situation, it may not take a few days for the Hong Kong government's financial authorities to come to the rescue of the market. There is no doubt that this is a very arduous task."
"You said before that at the right time, Jiuye Investment Group would enter the Hong Kong stock market in a big way to support Hong Kong stocks. I wonder if this right time is now?"
Soon after, Mr. Ren, CEO of the HKMA and Mr. Chairman of the Hong Kong Exchanges and Clearing Limited spoke.
Their demands are the same, they all urgently hope that Jiuye Investment Group will step in immediately to support and rescue the Hong Kong stock market!
However, Yao Yuan smiled and shook his head.
"Ladies and gentlemen, this global financial crisis has just broken out. In the early stages of the financial crisis, if a rescue is needed, only the Hong Kong financial authorities can take action."
"We, Jiuye Investment Group, are a private capital group. It is not appropriate for us to leave at this time. This will give some people who don't like us an excuse!"
"When this financial crisis develops to a certain stage and passes the first wave, it will not be too late for our group to exit. It will be more appropriate at that time."
"According to my estimation, the right time should be late September, or early October at the latest. There is only one month left. I believe the Hong Kong stock market can hold out until then."
“Although we at Jiuye Investment cannot rescue the market now, we can provide the HKMA with sufficient liquidity, and the HKMA will come forward to rescue the market.”
"The sufficient liquidity mentioned here refers to loans of tens of billions of US dollars. We only charge a symbolic interest and can lend the money to the HKMA."
"But the HKMA should not intervene too early to rescue the market. It is better to wait until the pressure of the financial crisis is partially released before it intervenes to rescue the market."
"In addition to the rescue efforts of the HKMA and our Jiuye Investment, we can also do more by taking advantage of this financial crisis..."
Director Zeng and President Ren looked at each other and breathed a sigh of relief.
When they heard Yao Yuan say that Jiuye Investment could provide the Monetary Authority with tens of billions of dollars in low-interest loans, or even interest-free loans, to ensure liquidity, they immediately felt much more relaxed!
Given the size of Hong Kong's economy, being able to come up with tens of billions of dollars to rescue the market would definitely play a big role.
Not to mention that it can ensure that Hong Kong's economy survives this financial crisis, it can also significantly reduce the impact of this financial crisis on Hong Kong's economy!
Another point is that Director Zeng and General Manager Ren probably all know how staggering the scale of Jiuye Investment Group’s short selling in the international financial market is!
From this, they can also estimate how fruitful the results of Jiuye Investment Group last night were. It is definitely an astronomical figure that will shock everyone!
And this is just the beginning. The financial crisis will never end in a day or two. The money that Jiuye Investment Group will earn in the future will be even more astonishing!
With such a money-making monster capital group as a strong backing, Director Zeng and General Manager Ren were not too panicked when facing this global financial crisis, and they all felt confident!
The next moment, Mr. Ren smiled and nodded and said:
"Mr. Yao, it would be great if Jiuye Investment Group could provide the HKMA with a low-interest loan of several billion dollars to replenish liquidity!"
"With these tens of billions of dollars as a foundation, the Hong Kong financial authorities will be more confident in dealing with this global financial crisis and will not have to rush to intervene."
"You just said that we can do more by taking advantage of this financial crisis. What does that mean exactly? Can you elaborate on it?"
Yao Yuan looked at his old friend, smiled and nodded.
"Of course, Mr. Ren, for us, this financial crisis is both a crisis and an opportunity."
"For example, we can take this opportunity to weaken the influence and status of Wall Street and the U.S. dollar in the Hong Kong economy, avoid being coerced by the U.S. dollar, and prevent a financial crisis like this from happening again."
"The specific method is that the Hong Kong Monetary Authority can sign a basket of currency swap agreements with the mainland in the name of rescuing the market, replacing US dollar assets with high-quality RMB assets..."
Upon hearing this, Director Zeng and General Manager Ren were all stunned for a moment, and then their eyes were filled with shock.
Oh my god! This guy is so ambitious and ruthless!
He actually came up with the brilliant idea of currency swap at this time. I wonder what's wrong with this guy's brain?
The meeting didn't last long, it was over in half an hour!
After the meeting, Director Zeng and General Manager Ren came out of the conference room with relaxed brows and big smiles on their faces!
Compared to the frowning expression before the meeting began, he was like a completely different person!
Afterwards, Yao Yuan asked Zhou Chaoyang to send Director Zeng and the others downstairs, and he went to the office to prepare for today's battle!
He stayed in the office for a while and then went to the wartime command post in Conference Room No. 1.
After entering the conference room, he greeted the many investment consultants and beautiful secretaries who were keeping a close eye on the international financial market and encouraged everyone.
Everyone was very excited at this time. Although they had been working intensively for several hours, everyone was in high spirits and full of enthusiasm!
After some encouragement, Yao Yuan sat down in his seat, turned on his computer and started checking the situation in the international financial market.
At this time, it was already past three in the afternoon.
Asian stock markets have either closed or entered the late trading session, while European stock markets are opening one after another or have entered the pre-market trading session.
But no matter which country's stock market, the situation is the same, it keeps plummeting and the market situation is terrible!
However, Jiuye Investment Group is like a whale sucking water, constantly and frantically grabbing wealth from the financial markets of various countries and making a fortune!
Yao Yuan looked at the situation on the board, and then said loudly:
"Everyone, listen up. Inform all investment teams responsible for trading in stock markets and financial markets in Asian countries to execute transactions according to the established strategy."
“Before the closing of Asian stock markets, only 20% of short positions are retained, and all positions exceeding 20% are closed to lock in profits.”
"The investment team responsible for trading European stock markets and financial markets does not need to execute this operation for the time being. I will give trading instructions when the time is right."
"Received, Mr. Yao (Boss)"
Many investment consultants responded in unison, and the beautiful secretaries also jumped out to join in the fun, responding in sweet voices.
Immediately afterwards, the investment advisors picked up the phones in front of them and began to notify the various investment teams.
After receiving the instructions, the group's investment teams responsible for stock market trading in Asian countries immediately took action and began to close their positions.
As they took this action, countless money rushed into the various accounts of Jiuye Investment Group like a raging flood.
As we were talking, it was already four o'clock in the afternoon.
The stock markets in European countries have opened, and the situations after opening are exactly the same, with prices plummeting and the market situation is horrible!
Similar to the situation in the U.S. stock market, the stocks that led the decline in European stock markets were also many financial stocks.
Seeing such a tragic market situation, the EU and European governments and financial authorities responded quickly and stepped up rescue measures.
They may come up with policies to rescue the market, or directly invest money, or make speeches to stabilize people's hearts, and so on.
It turned out to be useless, and stock markets around the world continued to plummet.
At the same time, the words Yao Yuan had just said in front of the building, the news that a global financial crisis had broken out, had spread rapidly throughout the international financial market.
These words caused a huge shock in the international financial market and, to a certain extent, also exacerbated the plunge in the international financial market!
Of course, there were many people who opposed him, including some who were furious and cursing, and they all hated him with gnashing teeth!
But these objections were of no avail and could not prevent the international financial markets from continuing to plummet.
The market has given the clearest answer and the best explanation!
Anyone who dares to ignore the laws of the market will have only one outcome, and that is to be ruthlessly slapped in the face by the market, or even lose everything!
At 4:30 in the afternoon, Zhou Chaoyang, who had just finished an impromptu press conference downstairs, pushed the door and walked into the conference room.
After entering and sitting down, he briefly introduced the press conference.
What he said at the impromptu press conference had been discussed with Yao Yuan in advance, so there was naturally no problem, it was just a formality.
After talking about the press conference, they got down to business.
"The Lehman Brothers incident is over. The biggest problem now is AIG, the world's largest insurance company, and then Morgan Stanley."
"AIG Group is involved in almost all types of insurance, including personal insurance, life insurance, property insurance, auto insurance, etc., and controls the retirement accounts of tens of millions of families in the United States."
"This group provides insurance to more than 18 U.S. companies, covers two-thirds of the U.S. workforce, and controls trillions of dollars in financial derivatives contracts."
"According to my estimation, AIG's current funding gap is as high as $100 billion, and this $100 billion funding gap must be filled today, otherwise AIG Group will be doomed to bankruptcy!"
"This is the real nuclear bomb. Once AIG Group goes bankrupt, the US financial market and Wall Street will be completely finished. So I am sure that the US government and the Federal Reserve will definitely save AIG Group."
"When they decided to rescue AIG Group and help AIG fill the $100 billion funding gap, it should be when the US stock market bottomed out and rebounded today, and it was also the time for us to turn from short to long."
"Under the current circumstances, no private institution can save AIG. The Fed will have to come forward to save AIG Group in the end. We must keep a close eye on the Fed's actions..."
After listening to his analysis, Zhou Chaoyang, Li Shan and others were full of admiration.
In the field of financial investment, this guy is truly a god-like existence!
When it was around seven o'clock in the evening, the latest news from Wall Street made them more convinced of this view!
Moody's and Standard & Poor's simultaneously announced a downgrade of AIG Group's credit rating.
With the release of these two nuclear-level rating reports, the fact that AIG Group had a funding gap of more than 100 billion US dollars was completely exposed to the world!
As soon as the news spread, the plunge in financial markets in European countries suddenly intensified and plummeted!
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