Chapter 1087 Ambition
Sure enough, when the Sakura Country stock market opened again, the panic accumulated in the morning was like a torrential flood, madly venting out.
The first one to bear the brunt is the stock of 30 Group.
At this moment, retail investors and institutions in the Sakura Country stock market no longer believed in the name of the largest company in Sakura Country. They went crazy and sold off their San0 stocks as if they were throwing away garbage.
This is a battle royale! ! !
Whoever sells slowly will die in the stock market!
The stock price of San0 Company continued to fall rapidly due to the crazy selling by a large number of retail investors and institutions!
160! 150! 140! 135……
In just half an hour, San0's stock price dropped from more than 160 to just over 100!
And this crazy decline has no intention of stopping at all!
The stocks of the six major chaebols are not much better.
Two trillion yuan of funds were poured in, which initially had the effect of stopping the decline.
But after the 12 major giants jointly issued a proposal to refuse to buy Sakura products, the money was like a mud cow drowning in the sea, and it was of no use anymore!
Everyone who holds the stocks of the six major chaebols is taking advantage of the six major chaebols to invest money to buy back their stocks and sell them like crazy!
As a result, these two trillion yuan did not create any confidence or drive away international short sellers. Instead, they allowed the six major chaebols to buy back countless of their own stocks.
And these stocks have almost all been cut in half!
The six major chaebols almost represent the entire economy of Sakura Country. If they can't survive, then how can the Sakura stock market survive?
The Nikkei Index halved from a high of nearly 20,000 points to 10,000 points in one day!
And this downward trend is still continuing!
According to statistics, on this day alone, the Sakura Country stock market lost nearly 5 trillion yuan!
The decline in the stock prices of the San0 and Six major chaebol companies triggered a torrent effect, causing thousands of shares to fall in the entire Sakura Country stock market.
The Sakura stock market keeps falling!
All investors in Sakura Country are cursing the 30 Group as the culprit!
Another new trading day has arrived.
The morning sun rises, but the whole country of Sakura is lifeless!
On this day, the leave rate among office workers is as high as 80%!
Companies know that everyone has been cheated by the stock market, and some companies have even invested in stocks themselves, so they simply have a holiday today.
Various businesses are closed.
Those who usually take taxis when going out chose to take the subway and bus today. Some people even walked 20 miles to buy groceries in order to save a little money!
All the money has been evaporated by the stock market!
Even the people of Sakura Country who were lucky enough not to invest in stocks were frightened.
They kept their pockets tight and did not dare to spend any more because they knew winter was coming!
They had already endured the Great Depression in the 1990s and knew the importance of savings.
This time, they took the same steps to save money to survive.
However, what these citizens do not know is that while Sakura Manufacturing is exporting immovable products, what it needs is national consumption to boost domestic demand in order to revive the economy.
The more you cover your pockets and refrain from spending, the harder it will be for the economy to recover, the less valuable your money will be, and inflation will ensue.
After inflation, 1 yuan could buy 1 loaf of bread before, but now 1 yuan may only buy 5, or even 2 or even 1!
Of course, this kind of large-scale inflation will take several months to ferment and will not show its effects within a day or two.
However, with Chen Mo playing so hard this time, it was only a matter of time before Sakura Country's economy hit rock bottom.
Inside Chen Mo's hotel.
At this time, the festive atmosphere was permeated.
A celebration ceremony is taking place.
Chen Mo held up a large bottle of champagne and led a group of traders, preparing to pour the mountain of champagne.
All of them looked at the projected disk.
“San0’s stock price has dropped to 50 yuan!”
"48 yuan!"
"Hahaha 45 yuan!"
“It’s 43 and it’s still falling!!!”
Everyone was counting down the numbers loudly like a countdown!
Everyone's expressions became more and more excited, and their shouts became louder and louder! ! !
"40!!! Our income has doubled!!!"
“One trillion has become two trillion!!!”
Han Li shouted excitedly.
"The Nikkei Index has also fallen to 8,000 points, and it is still falling! It is estimated that it will not be able to recover for a long time!"
Another trader also said excitedly.
"Bang!"
Chen Mo didn't say anything and just opened the champagne.
At this time, the situation has been decided, there is no need to be timid and cautious anymore!
Even God can't save the decline of Sakura Country's stock market and economy!
Amidst bursts of cheers, colorful ribbons spurted out one after another, and the atmosphere at the scene reached its peak! ! !
"Let's fuck Sakura!!!"
"Hahaha, net profit is one trillion!!!"
"Mr. Chen, thank you for making us the world's top traders!"
"It doesn't matter whether you have money or not. The most important thing is that this wave has crushed Sakura Country to the ground! Not only their stock market, but also their export industry and domestic economy are about to collapse due to us! Hahaha..."
"My grandfather has called me before and told me that what I have done is an act of honoring our ancestors. When I die, I will enter the highest position in the ancestral temple and enjoy the worship of my descendants!"
"..."
Excited shouts resounded throughout the hotel!
Everyone’s faces were filled with bright smiles!
After nearly two months of ups and downs, Chen Mo and the others finally succeeded in attacking the largest economy in the East!
After some celebration, Han Li went to Chen Mo and asked:
"Mr. Chen, our goal has been achieved, what should we do next?"
Chen Mo said with a smile: "Keep some of the funds to continue short selling the Nikkei Index, 30, and the six major chaebol companies, and the rest will be closed and withdrawn."
"After closing the position, the cashed-out funds will be distributed to the big guys in the port city according to the capital ratio."
"Now that the funds have doubled, we can give them a satisfactory explanation."
"yes!"
Now is indeed the time to retreat.
Under such obviously negative circumstances, no mid-level company will dare to take short orders.
Moreover, under the circumstances of the overall economic downturn in Sakura Country.
It is a good time to use funds to carry out "sheep-shearing operations".
"In the past, it was the Western giants who sheared sheep. I didn't expect that it would be my turn today, Chen Mo, to shear sheep."
"This time in Sakura Country is just for practice. In the near future, I will let the Western giants also experience the feeling of being sheared!"
Chen Mo narrowed his eyes slightly and swore secretly in his heart.
Then, Chen Mo called Sun Mingyue.
"Mingyue, the time has come, it's time to close the net!"
Hard Silver Group.
Sun Yiqi held a general meeting of shareholders.
In this stock market war, his losses were so huge that it was simply unimaginable!
In order to protect San0 Group, Sun Yiqi spent almost all his money, even borrowing more than 200 billion in bank loans.
Now the bank is in disarray and is demanding early repayment of the loan.
The San0 Group and even the six major chaebols are overwhelmed and are in danger.
Sun Yiqi really couldn't think of anyone who could save him and the Hard Silver Group.
