Chapter 501
Chapter 501
The private plane arrived in Beijing.
Commerce Manager Li Suwei went to meet him directly at the airport.
“You worked hard to come.”
“long time no see.”
Her mouth was smiling and her expression was full of confidence, but when she looked up close, her eyes were full of dark circles, and her expression of exhaustion was evident.
Wrinkles look deeper these days.
Perhaps he, too, is looking at me and thinking the same thing. It is our role to show an unshakable image in front of the public no matter what our hearts are.
I got into the prepared car with him.
Beijing is home to China’s National Port of Heaven.
As the space industry is closely related to military technology, the Chinese government has invested generously, and the institution in charge of China’s space industry boasted a much larger scale than expected.
Director Wu Kejiyan greeted me by holding my hand.
“Nice to meet you, CEO Kang Jin-hoo. It is an honor to meet you.”
“I am also honored, Chief.”
I was able to meet the employees who made Chang’e 8 a success by following his guidance.
They were secretly preparing for the launch, returning the holidays and working overtime every day. Everyone had their eyes closed and looked like they couldn’t sleep, but I could feel pride and vitality in their eyes.
They will know it too. That this is the only way to prevent the collapse of the Chinese economy.
The spacecraft originally planned to be launched is the Chang’e 5.
The reason for changing this to No. 8 is partly because of some changes in the existing design, but it is probably because 8 is the number that the Chinese like the most. That’s why all the Chinese people aspire to it.
Director Wu Keki Yen explained in person in his briefing room.
“In the next six and a half hours, the lunar lander carrying the exploration and mining robots will land in the Sea of Abundance.”
So far, only three countries have successfully landed on the moon: the United States, Russia and China. India also sent spacecraft to the moon, but failed to land.
He put a map of the moon on the screen.
“This is the sea of abundance.”
It got its name because long ago people looked up at the moon and believed that there was water here.
The sea of abundance alone covers an area of 25,000 square kilometers. It is equivalent to a quarter of South Korea’s land area.
“Based on the topography, there are two areas where double rare earth accumulations are expected. We plan to focus on these two areas.”
The world is very interested in the resources on the moon, and all of them used rover robots and satellites to analyze whether they were buried or not.
“The analysis of the mined minerals will be done on-site, but an accurate purity check can only be done after the sample has arrived on Earth.”
Li Suwei, Director of Commerce, asked me.
“Can you really find geratinium here?”
There was anxiety in that voice.
Others looked like they were asking the same question.
I nodded.
“It’s good to believe.”
Sometimes beliefs become reality.
* * *
[Chang’e 8 successfully landed in the Sea of Abundance](strategy)
A lunar lander separated from Chang’e 8, which entered lunar orbit, succeeded in landing in the Sea of Abundance.
Chinese CCTV reported that Chang’e 8 landed safely at the target point at 3:26 a.m. local time in China and sent pictures through a telecommunication relay satellite.
China’s National Port of Heaven announced that it is planning to start full-scale exploration and mining of geratinium by using the Yuto 3 aboard the lunar lander.
* * *
Over the next few days I toured the financial markets and factories in China. Chinese state-run media actively reported this, emphasizing that the Chinese economy is in good health.
In the market, optimism and pessimism were still mixed, and it seemed that they could not find a direction.
I don’t even know how time passed.
I left the hotel, waiting for the news to come.
Suddenly I woke up and looked around and there was no one there.
I stayed at a hotel in Beijing, and I was constantly informed. When I turned on the TV, the same thing came up again.
People called experts spread their knowledge, and protests by NGOs and civic groups against the development of lunar resources continued across the United States and Europe, and in front of OTK Company.
Wouldn’t it be the first time since Apollo 11 that so many people’s eyes were on the moon?
Anyway, I did everything I could. All that’s left is to wait and wait.
For a moment, I felt extreme loneliness. Again, fear crept into the darkness. No matter how calm I pretended to be in front of others, all kinds of thoughts kept running through my head.
I feel as if I have walked into hell on my own. Is this your destiny as an investor?
What kind of person will I go down in history?
As I was sitting still in the dark, the bell rang. There is only one person to call right now.
When I pressed the call button, I heard Taek-gyu’s voice.
[Have we been really good so far? I make a lot of money, and I save a lot of people.]I laughed bitterly.
“Huh. good enough.”
[Well, almost everything you did.]I shook my head.
“no. I would not have been able to do it without you.”
I’m not just saying it, it would have been really impossible if I had been alone.
I remembered what had happened.
He was penniless until he was discharged from the army. But one day, a lot of things changed because of the future in front of me.
L6 explosion, startup investment, Brexit, Ronald election, Big One, Nishida Securities order mistake, Saemangeum development, etc.
He has accomplished many things beyond everyone’s doubts and distrust, and obtained wealth that he could not have imagined.
Did I really do the right thing? What made you money, and what was the end result?
It felt like a long dream. All of that seemed to disappear when I closed my eyes and opened them.
[A spacecraft just dropped in the East China Sea, and a Chinese ship was waiting to pick it up and analyze the sample.]I took a deep breath and then asked.
“So what happened?”
[Listen, don’t make fun of me. Analysis… … .]In that moment, time stopped and the world changed.
* * *
[Check out the sea of abundance, the geratinium mine!][Distributed throughout the burial zone mountain range][Reserves estimated at 250 million tons][Sample analysis result, 99.99% pure substance][Seoseong SB announces plans for mass production of JN batteries!]China’s National Port of Heaven has officially announced the success of lunar geratinium mining. In order to prevent any objection, all photos and materials, which were almost confidential, were released to the press.
President Zhang Pinghua personally appeared in front of the press.
He spoke in a calm but powerful voice.
“China succeeded in bringing geratinium from the moon to Earth for mining for the first time in the world. The Chinese government will take the lead in commercializing JN batteries in cooperation with OTK Company.”
But the presentation did not end there.
President Zhang Pinghua looked at the camera and continued.
“China has warned on several occasions that speculators who have been short selling in hopes of a collapse of the Chinese economy will inevitably suffer huge losses. However, hedge funds have ignored the warning and have made profits by disturbing the foreign exchange and stock markets around the world. Now you will pay the price.”
As soon as this announcement was over, the People’s Bank of China, as if waiting, announced the exchange rate of 6.2 yuan to 1 dollar.
This was an expression of confidence in the Chinese economy and a determination to completely cut off the breath of speculative forces.
Before the crisis, the dollar was trading at around 6.5 yuan, but after that, the 7 yuan and 8 yuan collapsed one after another due to concerns about the financial crisis and attacks by speculative forces.
The speculative forces launched an offensive to break the psychological barrier of 10 yuan per dollar, but OTK Company and the Chinese financial authorities managed to defend it by loosening the dollar to the coalition.
However, it not only reversed the downward trend in the past, but also raised the yuan even more than before the crisis.
The market was astonished by the unexpectedly strong action.
As it is natural to sell expensive assets and buy cheap ones in the market, there is a risk that capital outflows in China will accelerate if the yuan is overvalued.
But for two reasons, capital in China has stalled.
First, China has succeeded in mining lunar geratinium. It is unclear to what extent this will affect the Chinese economy in the future.
The second is short covering volume.
In recent months, China has seen the largest number of short selling in financial history.
In other words, it now meant that they had to buy back the yuan, bonds and stocks they had sold short.
This was a terrible nightmare for the speculators.
I thought I was putting the enemy in a corner, but when I woke up, I was surrounded in the middle of the enemy camp. The supply was cut off and there was no way out.
Lan Shuqing, president of the Banking Supervision Commission of China, who has spearheaded the war against hedge funds in the past, said bluntly about this.
“If anyone wants to short sell, keep going, if they want to leave the Chinese market, leave. If you want dollars, I will give you dollars, if you want geratinium, I will give you geratinium. But no one is going to leave the Chinese market unharmed.”
Short selling means selling at a high price, then buying at a low price and repaying it to make a profit. But now, there is a situation where you have to sell cheap, buy high and pay it back.
Just as the seeds of the dollar dried up in the market during the short selling, now the seeds of the yuan have dried up in the market.
When short coverings came in, overshooting occurred, and in the market, the yuan was traded at a higher price than the announced exchange rate.
Nevertheless, the speculative forces had no choice but to buy the overvalued yuan, crying and eating mustard. As the yuan and stocks rose, screams erupted from all sides.
The Wall Street Journal, which had been on the side of speculative capital, poured out articles criticizing the Chinese government.(Read more @ wuxiax.com)
[We strongly protest against China’s capital market disturbance!][People’s Bank of China, yuan artificially overvalued][This is an obvious exchange rate manipulation, illegal!][The Chinese government should immediately stop intervening in the market… … ][Excessive government regulation destroys market trust][China must stop currency manipulation!]Even large IBs such as JP Morgan have asked the US government to designate China as a currency manipulator and take retaliatory measures.
Hedge funds and investment companies on Wall Street were screaming that they were going to die, but the reaction of the public watching it was cold.
– What are these speculator bastards doing?
-Short sales were fun, but now what kind of bullshit are you talking about?
– Fuck you, fuck you!
– Haha, now it looks like you’re riding a shit line~
-When I came in, I wanted to, but when I left, I didn’t.
-If the government defends, it is a legitimate investment act, if the state defends it, it disrupts the market
– These bastards need to get a fuck to get their minds up
– Not one or two people going bankrupt this time.
– Heh heh heh! 개새끼들!
* * *
[(Financial Times Opinion) Kang Jinu Won!](Strategy) As mentioned above, May this year is the most bizarre period since the financial market was created.
Despair and hope, collapse and soaring, crisis and opportunity, collapse and revival alternated.
All so-called experts predicted the financial crisis. As they say, there are more than 100 reasons for a financial crisis to occur. Conversely, there was only one reason why a crisis would not occur.
Surprisingly, that one reason outweighed all the others.
One person supported the collapsing market with his own strength and turned the tide of the global economy. It was a miracle that would never happen again in the history of the financial market.
A series of recent events in the financial market can be summarized as follows.
A new era has now begun.
And Jinhoo Kang won.
