Chapter 1422 Diamond War (8)
After the market opened again, Ant Bank’s financial statements did not bring any positive feedback, but instead ushered in an unprecedented third circuit breaker!
It can only be said that Ant Bank is too miserable. If we wait a few more years, Ant Country's stock market will be restructured and circuit breaker will occur at most once a day. After the circuit breaker, trading must be suspended and wait for the end of the trading day.
Panic!
Ant Bank of China is panicking!
Almost all of their current bank deposits have been lent out to the Obanmo family!
Now I suddenly encountered such a terrifying short selling...
Ant Bank even suspected that the foundation was responsible?
Otherwise, how could such a coincidence happen in the world?
Just when the top management of Ant Bank held an emergency meeting to discuss countermeasures.
Chen Mo's last bombshell was released!
He asked people from the "Parents Association" to release a list of Ant Bank's financial product loan ratios.
Almost 80% of this list is diamond mortgage!
Financial products related to technology, real estate, entrepreneurship, personal loans, etc. that account for a large proportion in other countries actually only account for 20% of the total in Ant Bank! ! ! !
How terrible is this ratio?
Even people who have never studied economics can figure it out!
This is equivalent to the diamond market, which determines the life and death of Ant Bank!
Even if there is a slight fluctuation in the diamond market, Ant Bank will be severely affected!
As soon as this news came out, it immediately caused a violent response in the Ant Kingdom!
Many depositors no longer trust Ant Bank and began to go to Ant Bank's major branches and even the headquarters overnight to request withdrawals!
Within 24 hours, the total value of withdrawals requested by depositors reached 680 billion! ! !
The stock price collapsed! Depositors run!
Any one of these events could be catastrophic enough to cause a bank to go bankrupt!
Not to mention both happening at the same time!
48 hours after the incident.
Ant Bank of China finally could not withstand the pressure and declared bankruptcy on the grounds of "insufficient liquidity and insolvency."
It will be taken over by the insurance company officially designated by Ant State.
Only two days short!
Directly let Ant Bank go bankrupt!
People in the financial world were stunned to see this record!
Before committing suicide, the financial CEO of Ant Bank admitted in a video message to employees that an "incredibly difficult 48 hours" led to the collapse of Ant Bank.
But in fact, Chen Mo knew that the so-called "incredibly difficult 48 hours" was just the "last straw that broke the camel's back."
If this bank dares to invest all its wealth and life in the diamond market, it is tantamount to planting an unstable bomb that will explode sooner or later!
It's just that Chen Mo used some financial means to detonate this thunder in advance.
Moyuan Capital, Securities Department.
Han Li and other traders raised their arms and shouted "Long live!" ! !
Although this short selling did not make much money, it created a "Lightning 48-hour Short Selling War" in the financial world!
This battle is enough to go down in the annals of financial history!
It can even keep pace with those classic short-selling battles during the peak period of the Atomic Fund!
From now on, Moyuan Capital must have a place among the top ten super short sellers in the world!
"Everyone has worked hard these 48 hours. As per the old rules, the bonus will be doubled. Eat, drink and have fun all at once!"
After playing, the money will go to the company's account.
Han Li, please take everyone to have a good rest for a few days. There is no need for the Securities Department to take action these days. "Chen Mo said with a smile.
"Okay! Everyone pack your things and go home, but your mobile phones must be on 24 hours a day!" Han Li said.
In the business of trading, what is important is your strength and your speed.
Once the stock war or futures war starts, even if you are giving birth to a child for your wife, you must immediately stop and roll in front of the computer to start working.
If it fails, the job is likely to be gone.
This has also caused many top traders to be under great mental pressure, and their hearts ached every time they heard the ringtone on their cell phones.
At this time, Jiang Pengyue came.
"Mr. Chen, I don't quite understand your move." Jiang Pengyue asked doubtfully: "What does shorting Ant Bank have to do with your "Diamond Plan"? "
Chen Mo said calmly: "The Obenmo family bought my mine with the money they borrowed from Ant Bank. Now Ant Bank collapsed and went bankrupt within 48 hours because of the diamond problem.
The top management of Ant Country in charge of this area is 100% determined to recover these loans to compensate depositors. "
"But the Obanmo family no longer has that much money. What do you think the top leaders of Ant Country will do?"
Jiang Pengyue suddenly realized: "Sell the collateral! Sell a large amount of diamonds mortgaged by the Obonmo family!"
Chen Mo nodded: "bingo! That's right! If I guessed correctly, within a week, diamond prices will definitely experience their first plunge!"
"Hey, why are you going?"
As soon as Chen Mo finished speaking, he found Jiang Pengyue running away.
"Selling diamonds! I want to sell all the diamond jewelry in my house and exchange them for gold!!!"
Three days later.
Cedric Obenmo and several other senior members of the Obenmo family waited for a call from the senior management of Ant Country.
"Mr. Obenmo, I believe you have heard about what happened in the Ant Kingdom these days. Now our emperor has personally sent a letter requesting the recovery of all diamond-related loans."
"Please also pay off the loan within 72 hours of receiving the call."
Cedric Obern suddenly felt bad!
He has just been conducting marketing activities for a few days and is planning to increase the price of diamonds!
I haven't even started making money yet, so why are they calling for loan payments?
"No! I signed a contract with Ant Bank in black and white! It's absolutely impossible for me to pay back the money within 72 hours!"
"Mr. Obenmo, this loan call is not just for you, a diamond merchant. We have called on all diamond merchants around the world who have loans from Ant Bank.
Moreover, the contract clearly stipulates that in the event of a major catastrophic financial event, we have the right to withdraw the loan in advance, but without interest. "
At this time, the tone of the senior management responsible for collection was already a little unhappy.
"It's not that I don't want to repay the money, it's just that I just used the money to purchase a mine, and the Obanmo family no longer has the money to repay the loan."
Cedric Oban explains.
"I don't care what your reasons are, you must repay the loan within 72 hours! Or give Ant Country an explanation! Otherwise, we will dump all the diamonds you mortgaged in Ant Country Bank on the market! Now Ant Country is in chaos, and we urgently need this Money to stabilize the situation!" the senior executive said angrily.
Once all the diamonds mortgaged by the Auburn family are dumped on the market, the order of the diamond market will be completely disrupted!
The foundation of the Okumoto family will be shaken!
Cedric Obern immediately said anxiously: "Don't! Don't! We have something to discuss! In this case, I will take people over so that we can discuss it, okay?"
