The world's richest man: I am a stock god
Chapter 1068 The Gangcheng Family’s Questions
To say that the most responsive to policies is definitely the capital market.
What's more, the Federal Reserve's policies and the U.S. capital market.
It is no exaggeration to say that when the Federal Reserve sneezes, the U.S. capital market has already started selling cold medicine before anyone else hears it.
This time there is no exception.
Even because of the global attention on the showdown between Jinqing Capital and Wall Street Capital, they are more concerned and sensitive to the policies of the Federal Reserve.
Almost at the same time as the announcement was made, the capital market had begun to experience a huge positive rebound.
Previously, due to the huge short pressure from Jin Qingtian's investment in United Harbor City Capital, the entire subprime loan market was stunned, so that people were everywhere.
Subsequently, the self-rescue actions of Quantum Fund and Leiman Investment Bank began to give the market some confidence.
When the Federal Reserve issued this announcement, the entire subprime loan market immediately became active.
The rebound sentiment and the stimulation of the favorable policies themselves caused the subprime loan market to rebound quickly. The points previously lost due to Li Jin were quickly recovered in a short period of time, and even exceeded.
"Mr. Li, the current level of the subprime loan market is 19800 points, which is 19500 points higher than the 300 points when we entered the market before."
More than ten minutes later, when Li Jin and Meng Yehe were discussing the next arrangements, Wei Yan came in to report the situation.
Li Jin glanced at the electronic screen, pondered for a moment, and then said, "How is our current financial situation?"
"not too good."
Wei Yan was obviously familiar with all the core data and answered simply: "Before the market opened, our total capital was 2292 billion U.S. dollars. Although we retreated quickly in the Dow Jones market, we still lost more than 400 billion U.S. dollars. , of which US$150 billion was lost from settlement transactions before the blockade, which is an unavoidable loss."
"But thankfully, due to proper strategies and timely strategic retreat, not only did we not lose money in the subprime loan market, we also made a profit of US$38 billion."
"Currently our funding is $1950 billion."
After getting this data, both Li Jin and Meng Yehe breathed a sigh of relief.
"Fortunately, the loss is much smaller than we imagined." Meng Yehe said to Li Jin.
"But it's still too little." Li Jin said helplessly.
Meng Yehe comforted him: "There is nothing we can do about it. We have more money than Wall Street and even the Federal Reserve. Isn't this why we are unhappy?"
"According to the plan we discussed, do you think these funds are enough?" Li Jin asked.
Meng Yehe thought for a moment and smiled at Li Jin: "It's definitely not enough, but it shouldn't be a problem."
Li Jin laughed loudly, pointed his finger at Meng Yehe and said: "You guy, I must catch you by my side and fuck you with me, or let you go, you will be more terrifying than any enemy I have ever encountered. "
This is not Li Jin flattering Meng Yehe. With their current status and status, Li Jin does not need to flatter him.
But it comes from the heart.
Until now, Li Jin knew very well that he was able to defeat Meng Yehe because of pure luck, and he took advantage of Meng Yehe's underestimation of the enemy.
After several failures, Meng Yehe became more terrifying each time. However, when Meng Yehe truly grew up, Li Jin's own resources and connections were no longer something that Meng Yehe or the Meng family could challenge.
So Meng Yehe would seek refuge with Xu Heng.
But in Xu Heng's case, it was obvious that Meng Yehe was just being used as a pawn and had no right to speak.
Otherwise, if Meng Yehe had Xu Heng's resources, Li Jin would really feel like a thorn in his back.
Meng Yehe obviously understood what Li Jin meant.
He chuckled lightly without making any comments.
The conversation between the two was like a riddle, which made Wei Yan confused. He could understand every word, but when they were put together, he found that he had no idea what the two were talking about.
It was Meng Yehe who turned to Wei Yan and said, "Let the entire team liquidate all positions that have lost more than 40% first, and then collect funds. Mr. Li is going to do something big."
"More than 40% of the positions are completely closed!? This will increase the loss by at least 300 billion US dollars!"
Wei Yan was startled and looked at Li Jin subconsciously.
Li Jin waved his hand and said: "Let's do it this way. These positions are not balanced now. If we keep them, they will be a burden. On the contrary, when they are liquidated, the movement and position of our main funds will be exposed."
Seeing what Li Jindu said, Wei Yan no longer hesitated, turned around and went out to do things immediately.
As soon as Wei Yan went out, Li Jin had already found a number given to him by Secretary Liu of the Development Bank.
The other end of this number is a fund team under the name of Development Bank.
This fund team, backed by the Development Bank, usually remains anonymous and has no trace at all in the domestic financial market. However, once the market experiences abnormal and huge fluctuations, this fund team and several other affiliated banks with national prefixes will The team will appear.
As long as they appear, there will be no trouble in the domestic financial market.
This is a team that operates with private capital but adheres to the will of the country.
There is a traditional and ancient name in China that suits them well: Yulinjun.
Guardsmen of the financial system.
The tacit understanding between Li Jin and Meng Yehe in the previous riddle lies in this point.
Li Jin asked Meng Yehe if he had enough funds on hand, and Meng Yehe said not enough.
The capital market is all about capital, and the money on hand is ammunition. If you don’t have enough money, you can’t play with it. Even if the gods come, you won’t be able to spend money.
But what Meng Yehe said immediately was not a big problem, it also lies in this point.
Li Jin never revealed to Meng Yehe that he had such a trump card, but Meng Yehe guessed it almost exactly. This is why Li Jin admired Meng Yehe and even praised him. If he were still an enemy, he would definitely keep him awake at night.
Just when Li Jin was about to use the power of the Development Bank, Huo Huanyu, who had been out to answer a phone call for almost half an hour, came.
"The people over at Hong Kong City want to have a video chat with you."
After Huo Huanyu's words came out, Li Jin frowned slightly.
Meng Yehe immediately said: "I'll go out and check the situation."
After Meng Yehe left consciously, Li Jin asked Huo Huanyu, "Did your father ask for it?"
"A few others." Huo Huanyu said hesitantly.
Li Jin nodded and said, "I'll arrange for someone to get through right away."
"It's nothing serious. As long as my dad is here, nothing can change the situation." Huo Huanyu said with relief, turned around and left the command room.
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