I don't know how long it took.
Shen Xinna came to the office again.
This time, she brought good news.
"Mr. Su."
"All short contracts have been completed. ~"
"In order to buy more than 270 billion pesos. In total, we spent $24.5 billion. "
"The average exchange rate is 11.26 pesos per dollar, which is one percent higher than the previous exchange rate, with an average decrease of twenty-four percent!"
In front of Su Ming.
Shen Xinna said the result of this short sale.
From 25 percent, back to 24 percent.
Other words.
Even Future Industry swept more than 270 billion pesos.
It only recovered a one-percent decline, which shows how terrifying the peso coin sold in the market is.
For the market.
Now is indeed a panic sell-off.
If the government of the Argon Dynasty has not come up with a better policy response.
Pesocoins will only go all the way down, and then it will not be as simple as twenty-five percent.
And Su Ming knew even more.
Today's peso coins can be regarded as relatively high prices.
That's right.
Even after a 25 percent plunge.
This can still be regarded as a relatively high price.
Because Su Ming knew that the peso coin in the future would be less valuable year by year.
Just seven or eight years later.
The purchasing power of peso coins is less than one-tenth of today's taxis.
Other words.
Now one dollar can be exchanged for more than eleven pesos coins.
And after seven or eight years, one dollar can already be exchanged for more than two hundred pesos.
It plummeted directly to one-twentieth of what it is now.
So.
Now it can indeed be considered a high price.
This is not temporary, but will fall all the way.
Even if there are ups and downs in the middle, but overall it goes all the way down.
A year's purchasing power will be lower than a year.
As for Su Mingming, he knew that he would continue to plummet later, and he still had to close the net so quickly.
This is because even if it falls overall.
But in the middle, it will also rise and then plummet, rather than directly falling in a straight line.
Besides.
Such a large amount of money is tied inside.
If Su Ming has not cashed out, he will easily be trapped.
Therefore, in the case of market instability, it is best to see the good and receive.
Anyway, it will continue to plummet later.
Su Ming now cashed out the money first, and then continued to short later, there is no problem.
Because, he also remembers the opportunity for the pesocoin to plummet several times later.
This made it all the more unnecessary for him to take risks.
Ask for flowers to read violent novels, and go on Feilu Novel Network! )
For the current exchange rate.
Su Ming was still very satisfied.
He is ready to recover from a 25 percent drop to 22 percent.
The result was not expected.
After sweeping more than 270 billion pesos coins.
Just recovering one percent has not had much impact on the overall market.
So.
This time, the benefits are more objective.
"Sister Na Xinna."
"What is the profit from shorting this time?"
And at this moment.
Shen Chuqiu couldn't help but ask.
Because she knew that the benefits were more ideal this time, it made her more curious.
To this.
Su Ming did not stop either.
This in itself is no secret.
What's more, Shen Chuqiu already knew so much data.
Even if she doesn't ask, as long as she calculates a little, she can know the specific benefits.
To go short is to look at the difference between the before and after prices.
And this difference is self-explanatory, and it is simply impossible to keep it secret.
Therefore, Su Ming would not stop it, and he had no intention of hiding Shen Chuqiu.
Merely.
Shen Xinna's next answer.
It still surprised Shen Chuqiu.
Even if you are mentally prepared, you will still be scared to dry.
Shen Xinna came to the office again.
This time, she brought good news.
"Mr. Su."
"All short contracts have been completed. ~"
"In order to buy more than 270 billion pesos. In total, we spent $24.5 billion. "
"The average exchange rate is 11.26 pesos per dollar, which is one percent higher than the previous exchange rate, with an average decrease of twenty-four percent!"
In front of Su Ming.
Shen Xinna said the result of this short sale.
From 25 percent, back to 24 percent.
Other words.
Even Future Industry swept more than 270 billion pesos.
It only recovered a one-percent decline, which shows how terrifying the peso coin sold in the market is.
For the market.
Now is indeed a panic sell-off.
If the government of the Argon Dynasty has not come up with a better policy response.
Pesocoins will only go all the way down, and then it will not be as simple as twenty-five percent.
And Su Ming knew even more.
Today's peso coins can be regarded as relatively high prices.
That's right.
Even after a 25 percent plunge.
This can still be regarded as a relatively high price.
Because Su Ming knew that the peso coin in the future would be less valuable year by year.
Just seven or eight years later.
The purchasing power of peso coins is less than one-tenth of today's taxis.
Other words.
Now one dollar can be exchanged for more than eleven pesos coins.
And after seven or eight years, one dollar can already be exchanged for more than two hundred pesos.
It plummeted directly to one-twentieth of what it is now.
So.
Now it can indeed be considered a high price.
This is not temporary, but will fall all the way.
Even if there are ups and downs in the middle, but overall it goes all the way down.
A year's purchasing power will be lower than a year.
As for Su Mingming, he knew that he would continue to plummet later, and he still had to close the net so quickly.
This is because even if it falls overall.
But in the middle, it will also rise and then plummet, rather than directly falling in a straight line.
Besides.
Such a large amount of money is tied inside.
If Su Ming has not cashed out, he will easily be trapped.
Therefore, in the case of market instability, it is best to see the good and receive.
Anyway, it will continue to plummet later.
Su Ming now cashed out the money first, and then continued to short later, there is no problem.
Because, he also remembers the opportunity for the pesocoin to plummet several times later.
This made it all the more unnecessary for him to take risks.
Ask for flowers to read violent novels, and go on Feilu Novel Network! )
For the current exchange rate.
Su Ming was still very satisfied.
He is ready to recover from a 25 percent drop to 22 percent.
The result was not expected.
After sweeping more than 270 billion pesos coins.
Just recovering one percent has not had much impact on the overall market.
So.
This time, the benefits are more objective.
"Sister Na Xinna."
"What is the profit from shorting this time?"
And at this moment.
Shen Chuqiu couldn't help but ask.
Because she knew that the benefits were more ideal this time, it made her more curious.
To this.
Su Ming did not stop either.
This in itself is no secret.
What's more, Shen Chuqiu already knew so much data.
Even if she doesn't ask, as long as she calculates a little, she can know the specific benefits.
To go short is to look at the difference between the before and after prices.
And this difference is self-explanatory, and it is simply impossible to keep it secret.
Therefore, Su Ming would not stop it, and he had no intention of hiding Shen Chuqiu.
Merely.
Shen Xinna's next answer.
It still surprised Shen Chuqiu.
Even if you are mentally prepared, you will still be scared to dry.
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