Chapter 1109 Sakura Coin War (1)
The other side.
on the Internet in countries all over the world.
It was originally calm before 10 o'clock today, but suddenly there was a storm!
The words Hongmeng 1 and 90nm chips were suddenly all over social networks in various countries, without any warning at all. It felt like there was no news one moment, and then countless people flooded in with crazy posts the next!
“Oh my God!!!”
"I was shocked, really shocked!!!"
"Did you all watch the seminar hosted by Chen Mo? It was simply a seminar that could promote the progress of human science and technology!!!"
"I saw it. I originally wanted to see his jokes, but I didn't expect..."
"I originally thought that our hegemony would break Sakura Country's chip monopoly and become a chip giant, but I didn't expect that Daxia would beat us to it!"
"Chen Mo is really brave! He actually dared to oppose sanctions against the Chip Alliance, and even robbed people on the spot!"
"I'm going crazy. Our country has been robbed of many experts and elites!!"
"Will the scientific and technological world respect Daxia in the future? I am so unwilling!"
There was shock and uproar on the Internet!
The news about Hongmeng 1 and 90nm chips can no longer be described as shocking!
It has to be described as a super earthquake! ! !
That is a super invention that can change the world! ! !
As for Chen Mo, over the past month, he has been accepting high-profile interviews from various countries during the day to promote the High-tech Alliance and Hongmeng Labs.
In the evening, he continued to personally supervise Han Li's establishment of short selling positions in Sakura coins.
"The economy of Sakura Country continues to be sluggish, and my Hongmeng 1 is the last straw for Sakura Manufacturing."
"However, the royal family and Sakura officials do not think so. They always feel that the six major financial groups can turn the tide and lead Sakura Country back to its peak."
Chen Mo smiled lightly and analyzed the current situation.
After finishing speaking, Chen Mo asked: "Han Li, how is the situation over there? Please report it."
"In this month, we spent a huge amount of money to borrow enough Sakura coins, and we also made forward Sakura coin contracts for hedging, ensuring that everything is foolproof!" said Han Lida.
"Okay! Starting tomorrow, prepare to short Sakura coins and throw them to me hard!!!"
Chen Mo said loudly.
"Yes, Mr. Chen!"
The traders of Moyuan Capital all have their eyes shining brightly, looking forward to tomorrow! ! !
This is a currency war! ! !
The most top-level financial feast that traders can have access to! ! !
If this battle can be won, traders like them will go down in history! ! !
The next morning.
As soon as the bank opened, Chen Mo gave the order:
“Sell Sakura Coins!!!”
At this time, someone will ask, what is currency selling?
Take Sakura Coin as an example.
Selling Sakura Coins is to use Sakura Coins to exchange the foreign exchange deposited in Sakura Country, and exchange the money borrowed from the Bank of Sakura Country into Hegemony currency, so that the country's foreign exchange will be reduced, and then let everyone go to exchange foreign exchange and wait for their country to Currency devaluation!
In a specific market, its demand and supply can be said to be relatively stable. If your supply suddenly increases, this balance of supply and demand will be broken. When supply exceeds demand, prices will fall. Now that everyone is selling their own currency, the amount will be greater than what is actually needed, and the domestic currency will depreciate.
Of course, shorting currencies is extremely risky!
After all, we are fighting a country!
If the Sakura coins purchased by Chen Mo cannot be exchanged for Sakura Country's foreign exchange and the Sakura coins do not depreciate, then Chen Mo will suffer heavy losses and let Sakura Country gain in vain!
Even if during this period, Sakura Country has any major favorable policies that can promote Sakura Coin, Chen Mo will suffer even greater losses!
But Chen Mo is a reborn person. Knowing that the Sakura Country has been in decline in the past two years from the stock market to the foreign exchange market, and coupled with the Sakura Country's liberal policy of almost no defense against financial controls during this period, he is sure to win the Sakura Country!
That morning, this short-selling drama that shocked the world began! ! !
A month ago, Chen Mo borrowed tens of billions of loans from various banks in Sakura Country through 12 giants and other international hot money. Today, he began to quickly sell them to the market through various channels and exchange them for Hegemon currency.
"Report to the boss, the 100 billion Sakura coins in account No. 1 have been sold off!"
"Report to boss, all 200 billion Sakura coins in account No. 2 have been converted into Hegemon coins!"
"Report to the boss, the exchange rate of Sakura Coin has begun to decline, and the short selling has begun to bear fruit!"
"..."
When Han Li and other traders reported today, they all shouted!
I have been in the industry for so long, and I have never felt so comfortable trading like today! ! !
Chen Mo said in a deep voice: "Don't relax, keep selling!! If I don't tell you to stop, just sell to death!!!"
the other side.
Sakura country.
When the major banks opened for work, they were all shocked when they saw these selling orders! ! !
"What's happening here?"
"Why are there so many Sakura Coin selling orders?"
“No, our bank’s foreign exchange reserves have been wiped out!!!”
"Where does this short position come from? Is it the Atomic Fund?"
"The momentum is so fierce that the exchange rate can no longer bear it!!!"
"The fall is too severe, we are powerless to stop it, please notify the head office as soon as possible!!!"
The presidents of countless banks were frightened by Chen Mo's violent selling attack.
Under Chen Mo's aggressive selling of Sakura Coin, the exchange rate of Sakura Coin plummeted by 5%!
Some people may think that it is only 5%, not even a lower limit for A-shares.
However, you must know that this is currency! ! !
Even if the exchange rate drops by 1%, it will be very scary for the entire country!
Just imagine, all prices in an entire country have collectively increased by 1%. What is the concept?
Let alone 5%!
It didn't take long for the foreign exchange reserves of major banks to turn red.
In desperation, the presidents of major banks called Naoki Hansawa, the president of Sakura Country National Bank, to explain the situation.
After Naoki Hanzawa heard the reports from these bank presidents, he was extremely frightened! ! !
This is the international super short seller shorting Sakura Coin! ! !
If it is successfully shorted, it will trigger an economic crisis in Sakura Country and cause immeasurable huge losses! ! !
Hanzawa Naoki wiped the cold sweat from his forehead and immediately entered the palace to meet Sakurai Musashi.
"Your Majesty, this is bad!!! An international super short seller is coming to Sakura Country!!!"
“Currently, the foreign exchange reserves of all major banks are running low!!!”
"The exchange rate has fallen seriously by 5%!!! And it continues to fall!!!"
“We have a currency war!!!”
