Chapter 1138: Surpass China and fight against the United States!
After Qin Chuan sat down, he turned on the computer.
It is 7:50 China time.
South Korea is one hour ahead of China, which is 8:50.
There are still ten minutes until the Korean stock market opens on Monday.
Financial media around the world are silent at this moment, as if today is just an ordinary Monday.
Qin Chuan searched the US Finance, the British 24-hour World Financial Consulting, the Wall Street Journal, the Japanese Financial News, the French Economic News...
Almost no media outlet realized that the world was about to change dramatically and that they were about to witness a piece of history.
Their website homepage, print media and social media accounts are all calm.
However, there are many bigwigs in the world who sit in front of their computer screens with frowns on their brows.
Some are waiting for a feast, while others are waiting for a miracle to happen.
In South Korea, the nine major chaebols are making video calls to discuss today's stock market countermeasures.
They are insiders and naturally know what will happen today.
The heads of the nine chaebols looked solemn.
Li Rongju of Sanxin Group still wears a pair of gold-rimmed glasses.
His aura is still strong, but anyone with a discerning eye can clearly see it.
There's something wrong with his spirit.
The former prestige of South Korea’s number one chaebol has disappeared.
He looked like a man in his sixties.
Most of Lu Shengli's hair is now white.
People who don’t know him would think he forgot to dye his hair.
And those who know him understand why his hair turned white.
Zheng Yongchang of Guitian Group was the most exaggerated among all the people.
In the camera, his fat body was lying on the hospital bed with a ventilator.
After taking a few deep breaths of oxygen, he spoke with difficulty.
"Everyone, I have mortgaged my house and car to support the market. Today, we have no way to retreat. If the market can't hold up in the morning, everyone will have to go to the roof."
They say they are supporting the market, but in fact they are just the nine major chaebols supporting their own stock prices.
The size of these nine families is the key to influencing the entire market.
No one spoke in the video chat group. Everyone knew what the consequences would be if the Korean stock market fell.
A thousand-mile long dike can be destroyed by an ant hole. The emergence of a breakthrough will cause countless speculators to short sell.
If they were at their peak and fighting on home soil, they would have policy advantages and sufficient backup funds to compete with the short sellers.
But now, the nine chaebols have sidelined Kim Shin-wol, preventing his orders from leaving the Green House, and the other party now hates them to the core.
Everyone’s funds were either tied up in overseas assets or exhausted in the previous Warwick Technology lithography machine incident.
Running out of ammunition and food and having nowhere else to turn is the most apt description of the nine major chaebols in South Korea.
"I have already contacted the bank and I will support the market at all costs."
"I have issued a death order to everyone in the domestic financial circle: no decline today!"
"We are all on the same boat now. If one family gets into trouble, the others will have a hard time."
South Korean tycoons have expressed their determination to support the market.
Soon, the Korean stock market officially opened at 9 am on Monday.
9: 00.
The South Korean stock market opened at the same level as last Friday's closing at 11988 points.
9: 01.
The Korean stock market fell by 100 points and is currently at 11888 points!
9: 03.
In response to the opening drop, the chaebol families that control the Korean media immediately sent out their financial experts.
Financial media expert Zheng Daqian posted on his personal Twitter that everything is normal in the South Korean stock market.
The reason for the decline at the opening was simply due to the insufficient production capacity of the Line Generation Group.
The market has responded enthusiastically to Xiandai Group's automobiles, and the market will soon stop falling and rise again!
9: 10.
The South Korean stock market fell 200 points and is currently at 11688 points!
9: 19.
The South Korean stock market fell 230 points and is currently at 11458 points!
9: 27.
The South Korean stock market fell 270 points and is currently at 11188 points!
9: 28.
There was a lot of wailing on South Korea’s social media platforms.
Some people were forced to close their positions 28 minutes after the market opened.
There are a total of 2609 listed companies on the Korean stock market.
Currently, only 103 companies are rising, while the other 2506 companies are all falling.
The nine major chaebol groups all saw a rare decline in their stocks.
10:10
South Korea’s financial channel immediately organized a mobilization and broadcast a special program "Today's Stock Market".
Financial media expert Zheng Daqian attended the program as a special guest.
On the show, Zheng Daqian remained calm and said that the current decline was just a technical adjustment.
There are some profitable funds and T is being done.
Please do not panic, investors, and believe in the financial strength of the Big South!
10:19
Shortly after the broadcast of "Today's Stock Market", the Korean stock market began to stabilize and recover.
10:21
The nine major chaebols in South Korea issued a joint statement.
They said that the Korean stock market is under intense siege by unknown forces.
He intended to use the negative news about Sanxin Group and Xiandai Group to suppress the Korean stock market.
This allows them to get cheap chips in the Korean stock market.
10:22
Financial media expert Zheng Daqian appealed to the camera.
Fellow shareholders, please stand with the country and the chaebols and resist the suppression from foreign forces.
As long as we defeat the evil foreign funds, the Korean stock market will soon see a 5000-point surge!
10:26
Just five minutes.
The nine major chaebols in South Korea issued a joint statement, and financial media expert Zheng Daqian made an appeal.
It went viral on the internet and TV channels.
10:30
Many banks in South Korea have opened green channels to facilitate people to exchange gold, silver and foreign currencies.
After watching the TV program, many elderly people in South Korea took out their gold and silver jewelry, went to the bank to exchange them for South Korean currency, and then joined the battle to defend their country's finances.
10:46
The Korean stock market rebounded by 105 points.
Judging from the system data, the reason for the rise in the market is that many retail investors have entered the market.
They bought large-cap stocks in South Korea, driving the market up.
11:50
With 10 minutes left before the morning closing.
The South Korean stock market continued to rise by 99 points and is currently at 11978 points, which is still 11988 points away from the opening level of 10 points.
The nine major chaebols in South Korea issued a joint statement, and financial media expert Zheng Daqian made an appeal.
The Korean people showed unprecedented unity.
Every household put almost all their efforts into it, selling off all they had, and finally pulled the Korean market back on track.
Everyone saw the dawn of victory.
They believe that as long as they win this battle, the future will belong to them, the Koreans!
On the Internet, Koreans have been forwarding a picture with black text on a white background.
There are a few big characters written on it: [Nanbo Bay, Korea! ]
11:51
The market continued to rise by 5 points and is currently at 11983.
Such an epic financial counterattack has caused the public to cheer louder and louder, with some people even shouting outrageous words.
[Surpass China and fight the United States! ]
11:55
On Twitter, a piece of gossip suddenly appeared...
