Chapter 1156 I am ahead of him with every step!
On TV, Jin Xinyue looked serious and tragic.
Just over an hour later, the expression on his face was completely different from when he made his national television speech.
He seemed much older and more tired.
Although she looked extremely tired, Jin Xinyue still sat up straight and stared at the camera with her bright eyes.
He said to the TV.
"Hello, fellow Koreans. I am Kim Shin-wol, the president of Korea. I want to solemnly apologize to all Koreans! Because more than an hour ago, I was coerced by the nine major chaebols of Korea and Song In-gyeon, the former chief economic secretary of the presidential office, deputy prime minister and minister of planning and finance, to make a TV speech that went against our ancestors."
"In fact, they have been blackmailing me for half a year."
"That's why I have rarely appeared in public in the past six months."
"Now, they are becoming more and more rampant, pushing the Korean country into the abyss. I gathered the top leaders in the country who care about the Korean country to resist together, and finally captured them in one fell swoop."
"All nine chaebols in South Korea have been arrested. The former chief economic secretary of the presidential office, Deputy Prime Minister for Economic Affairs and Minister of Planning and Finance Song Renqian committed suicide out of fear of punishment. Now, South Korea is clean and upright. Please rest assured, all Koreans!"
"During the time when I was controlled by them, South Korea suffered an unprecedented financial crisis, which I did not want to see."
"Especially when I see many young people jumping off rooftops. When I see old people losing their coffins and pensions, I feel extremely sad."
"I swear to save South Korea from the quagmire. So please believe in me and support me."
As she spoke, Jin Xinyue stood up and bowed deeply towards the camera.
He bowed ninety degrees and held it for about five seconds before slowly sitting down and continuing.
"Today, the Korean financial market is in ruins. Therefore, in the next period of time, I will use extraordinary means to intervene in the current free economy. I will use unprecedented means to save our precarious economy."
"So please trust me, support me, and let us work together to overcome this most difficult hurdle in the history of South Korea."
Jin Xinyue paused as she spoke.
Because, in his subsequent speech, he was going to get to the point.
Therefore, it is necessary to give the audience who are watching him speak in front of the TV some time to adapt.
After a few breaths, Jin Xinyue began to speak again.
"At present, South Korea is being interfered with by external funds, so the stock market has plummeted."
"So, the first measure is that from today onwards, South Korea must strictly review the inflow and outflow of foreign capital. Previously, South Korea's financial management was too loose, which led to foreign capital shorting the country's stock market. We must strictly control the flow of funds. The Korean market is not a place where these capitals can come and go as they please!"
Watching Jin Xinyue’s speech on TV.
Bai Mengyao was a little confused. She didn't know much about financial matters.
But she knows that South Korean President Kim Shin-wol, who is currently speaking on TV, is her man's rival.
Bai Mengyao asked.
"Ogawa, what's the use of his policy?"
Qin Chuan replied.
"This policy is designed to check the use of foreign funds and prevent malicious speculation or short selling. He would rather sacrifice the prospect of long positions in the stock market to ensure the stability of the stock market. Stability is more important than a sharp rise."
"How does that affect you?"
Qin Chuan said with a smile.
"This trick is of no use to me."
Bai Mengyao nodded thoughtfully, and then continued watching TV and talking.
After Jin Xinyue finished saying the first point, he immediately said the second point.
"Today's stock market crash has revealed that there are serious security risks in the Korean stock trading system. Facts have proven that the stock trading logic of Europe and the United States is not applicable to our country. We must find a unique path of our own. Therefore, I hereby announce that the Korean capital market will be changed to the N+1 model starting tomorrow."
Bai Mengyao knew the N+1 model without Qin Chuan explaining it.
"N+1 model! This Jin Xinyue is really interesting. It actually learned the stock trading method from our China."
Qin Chuan nodded.
"Well, China's trading format seems to have many restrictions. But it actually benefits individual investors and protects retail investors from being harvested by large institutions. Under the N+1 model, although the operation of capital cannot be 100% controlled, it will also be greatly restricted. Jin Xinyue is currently eager to control the short-selling funds."
"Xiaochuan, will his behavior affect you?"
Bai Mengyao once again asked the question that concerned her most.
She doesn't care about the Korean president or whether the Korean economy can recover.
She only cared about whether the other party's actions would affect Qin Chuan.
Qin Chuan still shook his head calmly and said.
"No, the N+1 model cannot hinder the declining financial market of South Korea. Their economic decline is destined and cannot be changed. It is a subjective fact that cannot be changed by their will. Although Kim Shin-wol's move is in the right direction, it is like a drop in the bucket for South Korea."
Bai Mengyao said "oh" and leaned her head on Qin Chuan's arm.
Qin Chuan said so much, but she only heard the first sentence "No".
Since there was no harm to Qin Chuan, she had nothing to worry about.
Just as Jin Xinyue finished the second point, he crossed his hands on the table and said.
"The third and most important adjustment is that from now on, the short-selling mechanism will be abolished in the Korean stock market."
As soon as Jin Xinyue said this.
Bai Mengyao suddenly sat up straight.
She is not proficient in other financial knowledge, but she has been with Qin Chuan for so long.
She knew that Qin Chuan's purpose was to short-sell South Korea.
Now South Korea has cancelled the short-selling mechanism, forcing all investors to only go long.
Doesn't this completely restrict Qin Chuan's performance?
"What should we do, Xiaochuan? We can't short sell. You've been working so hard for so long, and now you're going to get nothing."
Bai Mengyao said this and looked at Qin Chuan.
What surprised her was that the man next to her didn't show any surprise or anger on his face.
It seemed as if Jin Xinyue's actions were all within his expectations.
Although I know that Qin Chuan is an emotionally stable person.
But in the face of such a big thing, Bai Mengyao still found it a little hard to believe.
Qin Chuan gently stroked Bai Mengyao's soft hair and smiled.
"It doesn't matter. I just said it. All their current actions are just a temporary solution. They can't change the fact that South Korea is on the verge of collapse. Even if they change the stock market to N+1 mode, even if they cancel the short-selling mechanism, it will have no effect on me. Because every step of the way, I am ahead of him!"
