They are all reborn, and the grandson is still a spare tire
Chapter 371: Teaching Hong Kong Island’s Financial Sector a Lesson
10 minute later.
Under the leadership of Yao Yuan, President Ren of the Hong Kong Monetary Authority and his entourage walked into Jiuye Investment Company and began to visit the company.
These Hong Kong financial executives are very curious about everything in the company.
They knew clearly that this Jiuye Investment Company, which had just been established not long ago, was very powerful despite its small scale and not many employees.
This investment company controls a huge amount of funds of more than 240 billion U.S. dollars. In terms of the amount of funds alone, it can definitely be ranked among the top three in the investment community on Hong Kong Island, or even higher.
It is this investment company that has just created an incredible wealth myth, which has shocked the entire Hong Kong Island and caused quite a stir around the world.
Especially in the current turbulent financial market environment, it is impossible not to make people raise their eyebrows by achieving such explosive results.
While talking, everyone has arrived at the door of Conference Room No. [-] and is ready to go in.
At this moment, a burst of excited cheers suddenly came from the large conference room.
"Great, Mitsubishi Bank of Japan has fallen below minus 10%, close your position immediately!"
"Kookmin Bank's decline has exceeded 8% and is expected to fall below 10% soon."
Listening to the sudden cheers, many senior financial officials in Hong Kong standing at the door of Conference Room [-] suddenly felt cold sweat break out on their backs and were secretly frightened.
They heard very clearly that Jiuye Investment Company was aggressively shorting financial institutions in Japan and South Korea, and the profits were astonishing!
Just this morning, the governments of Japan and South Korea just announced their massive rescue measures, injecting tens of billions of dollars into the market in an attempt to stabilize the stock market!
But who would have imagined that countless bloodthirsty short sellers are waiting for this moment!
Jiuye Investment, which was just established, is obviously one of the big short sellers!
God knows how much of the bailout funds invested by the governments and central banks of Japan and South Korea were robbed by these guys, and it was by no means a small number!
Thinking of this, several senior financial officials looked at Yao Yuan in unison, with fear in their eyes!
This kid is so tender that he can squeeze out tears, so why is his heart so dark? It's so scary!
Fortunately, this guy didn't short Hong Kong stocks, otherwise he would be in big trouble!
The next moment, Mr. Ren suddenly asked curiously:
"Mr. Yao, what's going on in that conference room? It sounds very lively."
"Can we go over and have a look? Everyone is very curious."
Yao Yuan looked at this person, smiled and explained a few words.
"Mr. Ren was very amused. Since the company was a start-up and the space was limited, I transformed the large conference room into a temporary trading place."
"It won't take long for Jiuye Investment to complete the expansion and occupy this entire floor of office space. The trading place will become larger and more formal!"
“The big conference room has limited space and is quite crowded. It’s trading time and everyone is busy.”
"Let's talk about business first. After we finish talking about business, I will take everyone there to visit."
Hearing what he said, Mr. Ren and the others could only nod.
"Okay, Mr. Yao, this arrangement is also very good."
They all knew it when they said this.
Yao Yuan did this to keep it secret and was waiting for the Japanese and Korean stock markets to close in the morning.
When the Japanese and Korean stock markets close in the morning, he will take everyone to visit the large conference room, so there is no need to worry about leaks.
When everyone goes in, they will have a look at the environment inside, but they will not be able to see the specific operations, and naturally they will not be able to see the positions of Jiuye Investment!
Thinking of this, several senior financial officials felt helpless.
While talking, Yao Yuan had already led them into conference room No. [-] and sat down on both sides of the conference table.
The meeting begins.
Yao Yuan first introduced Jiuye Investment Company and his source of funds.
In particular, he emphasized that all his funds came from the mainland, which was open, transparent, legal and compliant. He did not raise a penny on Hong Kong Island, but would pay a lot of taxes on Hong Kong Island!
In this way, even if someone wants to make a fuss about this, they can't find any excuse!
After Yao Yuan finished introducing the company, the two parties got down to business.
"Mr. Yao, although Jiuye Investment was established not long ago, it is the most outstanding investment company in the Hong Kong financial market during this period."
"Even in the world, it can be regarded as a unique existence. This shows that your judgment of the trend of the international financial market is very accurate."
"Because of this, we came to visit you today and want to discuss with you the current situation and subsequent trends of the international financial market."
"One more thing, the Hong Kong Monetary Authority will soon step in to rescue the market and strive to stabilize the Hong Kong stock market. What do you think about this matter? We would like to hear your opinions."
Mr. Ren said politely.
Following his words, everyone looked at Yao Yuan.
Especially those in Hong Kong's financial circles are full of curiosity and a bit of anticipation.
Yao Yuan did not respond immediately, but fell into thinking.
After thinking for a moment, he smiled and said:
"You're ridiculous, Mr. Ren. Jiuye Investment has just started. The achievements we made by chance are not worth mentioning!"
"As for me personally, I just got lucky a few times. I might make a mistake in judgment next time!"
"Since Mr. Ren asked me about my views on the current international financial market, I will boldly say that I think the current subprime mortgage crisis is just the beginning!"
"This subprime mortgage crisis, which originated from the real estate market in the United States, has fully broken out and is expanding rapidly. It will affect more countries and regions and cause even more shocking losses."
"If the current situation continues, this subprime mortgage crisis is likely to develop into a huge global financial crisis, affecting all countries and all economic sectors!"
"Ah! Global financial crisis!"
Mr. Ren exclaimed, and several other senior financial officials were also taken aback.
The next moment, the deputy director of the Hong Kong Securities Regulatory Commission suddenly interrupted.
"Mr. Yao, is this a bit alarmist? Is the harm of the subprime mortgage crisis really that alarming?"
"Since yesterday, governments around the world and regions, as well as many central banks, have invested more than 4000 billion US dollars in the market to prepare to stabilize the financial market!"
"Hundreds of billions of dollars, or even more, will be invested to rescue the market. Isn't it possible that such an amazing rescue effort will not quell the subprime mortgage crisis?"
Yao Yuan looked at the vice president of the China Securities Regulatory Commission and shook his head calmly.
"The words I just said are just the words of one family. I don't mean to say it, but please listen to it!"
"But there is one thing I want to remind you. You are all professionals in the financial field, and your discernment skills are definitely not bad!"
“The beautiful country’s subprime mortgage bond market, also known as the CDS contract market, has a total market value of US$62 trillion.”
"Among them, real mortgage loans are estimated to be less than one trillion U.S. dollars, and the remaining 61 trillion U.S. dollars are all fictitious bubbles created by Wall Street using high leverage!"
"This US$61 trillion bubble has now begun to burst. You can only imagine how powerful it is!"
Unsurprisingly, several senior financial officials in Hong Kong were once again shocked.
While stunned, a look of fear flashed in each of their eyes.
As financial experts, they certainly know what tragic consequences will be caused once a huge bubble of US$61 trillion bursts!
Seeing the changes in their expressions, a smile flashed quickly in Yao Yuan's eyes.
After a pause, he continued:
"As for the Hong Kong Monetary Authority's next rescue action, I will not comment."
"But I know that this is an action that has to be carried out. Hong Kong Island's financial market is too dependent on the international financial market!"
"Here, I would like to remind everyone that what is happening in the international financial market is not a banking crisis in the traditional sense. This crisis is not centered on commercial banks."
"The core of this crisis is the shadow banking system composed of a large number of hedge funds, mutual currency funds, commercial paper issuers, etc."
"The core of the crisis is different, which means that the methods to solve the crisis are different, and the intervention measures of various governments and central banks may not be as effective as expected..."
Mr. Ren and the others were completely dumbfounded, and they all looked at Yao Yuan with wide eyes.
Under the leadership of Yao Yuan, President Ren of the Hong Kong Monetary Authority and his entourage walked into Jiuye Investment Company and began to visit the company.
These Hong Kong financial executives are very curious about everything in the company.
They knew clearly that this Jiuye Investment Company, which had just been established not long ago, was very powerful despite its small scale and not many employees.
This investment company controls a huge amount of funds of more than 240 billion U.S. dollars. In terms of the amount of funds alone, it can definitely be ranked among the top three in the investment community on Hong Kong Island, or even higher.
It is this investment company that has just created an incredible wealth myth, which has shocked the entire Hong Kong Island and caused quite a stir around the world.
Especially in the current turbulent financial market environment, it is impossible not to make people raise their eyebrows by achieving such explosive results.
While talking, everyone has arrived at the door of Conference Room No. [-] and is ready to go in.
At this moment, a burst of excited cheers suddenly came from the large conference room.
"Great, Mitsubishi Bank of Japan has fallen below minus 10%, close your position immediately!"
"Kookmin Bank's decline has exceeded 8% and is expected to fall below 10% soon."
Listening to the sudden cheers, many senior financial officials in Hong Kong standing at the door of Conference Room [-] suddenly felt cold sweat break out on their backs and were secretly frightened.
They heard very clearly that Jiuye Investment Company was aggressively shorting financial institutions in Japan and South Korea, and the profits were astonishing!
Just this morning, the governments of Japan and South Korea just announced their massive rescue measures, injecting tens of billions of dollars into the market in an attempt to stabilize the stock market!
But who would have imagined that countless bloodthirsty short sellers are waiting for this moment!
Jiuye Investment, which was just established, is obviously one of the big short sellers!
God knows how much of the bailout funds invested by the governments and central banks of Japan and South Korea were robbed by these guys, and it was by no means a small number!
Thinking of this, several senior financial officials looked at Yao Yuan in unison, with fear in their eyes!
This kid is so tender that he can squeeze out tears, so why is his heart so dark? It's so scary!
Fortunately, this guy didn't short Hong Kong stocks, otherwise he would be in big trouble!
The next moment, Mr. Ren suddenly asked curiously:
"Mr. Yao, what's going on in that conference room? It sounds very lively."
"Can we go over and have a look? Everyone is very curious."
Yao Yuan looked at this person, smiled and explained a few words.
"Mr. Ren was very amused. Since the company was a start-up and the space was limited, I transformed the large conference room into a temporary trading place."
"It won't take long for Jiuye Investment to complete the expansion and occupy this entire floor of office space. The trading place will become larger and more formal!"
“The big conference room has limited space and is quite crowded. It’s trading time and everyone is busy.”
"Let's talk about business first. After we finish talking about business, I will take everyone there to visit."
Hearing what he said, Mr. Ren and the others could only nod.
"Okay, Mr. Yao, this arrangement is also very good."
They all knew it when they said this.
Yao Yuan did this to keep it secret and was waiting for the Japanese and Korean stock markets to close in the morning.
When the Japanese and Korean stock markets close in the morning, he will take everyone to visit the large conference room, so there is no need to worry about leaks.
When everyone goes in, they will have a look at the environment inside, but they will not be able to see the specific operations, and naturally they will not be able to see the positions of Jiuye Investment!
Thinking of this, several senior financial officials felt helpless.
While talking, Yao Yuan had already led them into conference room No. [-] and sat down on both sides of the conference table.
The meeting begins.
Yao Yuan first introduced Jiuye Investment Company and his source of funds.
In particular, he emphasized that all his funds came from the mainland, which was open, transparent, legal and compliant. He did not raise a penny on Hong Kong Island, but would pay a lot of taxes on Hong Kong Island!
In this way, even if someone wants to make a fuss about this, they can't find any excuse!
After Yao Yuan finished introducing the company, the two parties got down to business.
"Mr. Yao, although Jiuye Investment was established not long ago, it is the most outstanding investment company in the Hong Kong financial market during this period."
"Even in the world, it can be regarded as a unique existence. This shows that your judgment of the trend of the international financial market is very accurate."
"Because of this, we came to visit you today and want to discuss with you the current situation and subsequent trends of the international financial market."
"One more thing, the Hong Kong Monetary Authority will soon step in to rescue the market and strive to stabilize the Hong Kong stock market. What do you think about this matter? We would like to hear your opinions."
Mr. Ren said politely.
Following his words, everyone looked at Yao Yuan.
Especially those in Hong Kong's financial circles are full of curiosity and a bit of anticipation.
Yao Yuan did not respond immediately, but fell into thinking.
After thinking for a moment, he smiled and said:
"You're ridiculous, Mr. Ren. Jiuye Investment has just started. The achievements we made by chance are not worth mentioning!"
"As for me personally, I just got lucky a few times. I might make a mistake in judgment next time!"
"Since Mr. Ren asked me about my views on the current international financial market, I will boldly say that I think the current subprime mortgage crisis is just the beginning!"
"This subprime mortgage crisis, which originated from the real estate market in the United States, has fully broken out and is expanding rapidly. It will affect more countries and regions and cause even more shocking losses."
"If the current situation continues, this subprime mortgage crisis is likely to develop into a huge global financial crisis, affecting all countries and all economic sectors!"
"Ah! Global financial crisis!"
Mr. Ren exclaimed, and several other senior financial officials were also taken aback.
The next moment, the deputy director of the Hong Kong Securities Regulatory Commission suddenly interrupted.
"Mr. Yao, is this a bit alarmist? Is the harm of the subprime mortgage crisis really that alarming?"
"Since yesterday, governments around the world and regions, as well as many central banks, have invested more than 4000 billion US dollars in the market to prepare to stabilize the financial market!"
"Hundreds of billions of dollars, or even more, will be invested to rescue the market. Isn't it possible that such an amazing rescue effort will not quell the subprime mortgage crisis?"
Yao Yuan looked at the vice president of the China Securities Regulatory Commission and shook his head calmly.
"The words I just said are just the words of one family. I don't mean to say it, but please listen to it!"
"But there is one thing I want to remind you. You are all professionals in the financial field, and your discernment skills are definitely not bad!"
“The beautiful country’s subprime mortgage bond market, also known as the CDS contract market, has a total market value of US$62 trillion.”
"Among them, real mortgage loans are estimated to be less than one trillion U.S. dollars, and the remaining 61 trillion U.S. dollars are all fictitious bubbles created by Wall Street using high leverage!"
"This US$61 trillion bubble has now begun to burst. You can only imagine how powerful it is!"
Unsurprisingly, several senior financial officials in Hong Kong were once again shocked.
While stunned, a look of fear flashed in each of their eyes.
As financial experts, they certainly know what tragic consequences will be caused once a huge bubble of US$61 trillion bursts!
Seeing the changes in their expressions, a smile flashed quickly in Yao Yuan's eyes.
After a pause, he continued:
"As for the Hong Kong Monetary Authority's next rescue action, I will not comment."
"But I know that this is an action that has to be carried out. Hong Kong Island's financial market is too dependent on the international financial market!"
"Here, I would like to remind everyone that what is happening in the international financial market is not a banking crisis in the traditional sense. This crisis is not centered on commercial banks."
"The core of this crisis is the shadow banking system composed of a large number of hedge funds, mutual currency funds, commercial paper issuers, etc."
"The core of the crisis is different, which means that the methods to solve the crisis are different, and the intervention measures of various governments and central banks may not be as effective as expected..."
Mr. Ren and the others were completely dumbfounded, and they all looked at Yao Yuan with wide eyes.
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