They are all reborn, and the grandson is still a spare tire

Chapter 582: Open Competition

Yao Yuan stayed in the study all night, preparing for the special report tomorrow night.

It wasn't until about 1:30 in the morning that he finished his work and prepared to wash up and rest.

Before going to bed, he checked the situation of the international financial market online.

I didn't know the result if I didn't see it, I was shocked when I saw it!

The entire international financial market is falling like a cliff.

The trigger for the plunge in international financial markets was his prediction of an imminent global financial crisis.

Meanwhile, Goldman Sachs and the Paulson Institute publicly admitted.

They are indeed short on the international financial market and have been doing so, but they have not announced their short-selling profits.

Not only that, financial institutions and top experts and scholars from several major European countries have also issued statements.

They also believe that a serious financial crisis affecting the world may be imminent.

Although the Federal Reserve and the U.S. Treasury Department quickly jumped in to put out the fire, they had no effect and could not stop the downward trend of financial markets.

Seeing the bloody international financial market, Yao Yuan couldn't help feeling frightened.

Immediately afterwards, he immediately called several of his executives and asked about the situation in the company.

All the investment teams in the company responsible for trading in European and American financial markets are firing on all cylinders tonight, wildly sweeping wealth in the European and American financial markets.

As early as noon, Yao Yuan formulated today's investment strategy and sent it to Zhou Chaoyang, asking all investment teams to implement it according to the strategy.

After receiving the investment strategy, all investment teams strictly followed the strategy and began to fully attack the international financial market and harvest wealth.

But no one expected that the international financial market would take a cliff dive, which was far more exaggerated than Yao Yuan predicted.

What Yao Yuan didn't expect was that Goldman Sachs, European countries, and some top financial institutions, including UBS, actually came to help.

Yao Yuan naturally welcomes this result.

After confirming that there was no problem with the company and that it was quickly making a fortune, he was completely relieved.

Then he hung up the phone, took a shower and rested.

In the blink of an eye, it was already the next morning.

Around 8:30 am.

Under the escort of Gao Huan and others, Yao Yuan came to the square in front of the General Assembly Hall again, preparing to line up to enter the venue.

As expected, as soon as he appeared, he was immediately surrounded by a surging media reporter.

Moreover, there were more reporters than yesterday, and the scene was even more exaggerated.

Before he could regain his footing, the New York Times reporter from yesterday eagerly started asking questions.

"Good morning, Mr. Yao, I am a reporter from the New York Times and I interviewed you yesterday."

"Just last night, Goldman Sachs Group and Paulson Fund issued announcements publicly expressing their bearish stance on the international financial market. What do you think of this?"

"Also last night, some financial institutions in Europe made a sound and agreed with your judgment that the financial crisis is coming, but the Federal Reserve does not think so."

"As these news became public, international financial markets plunged across the board, and countless wealth evaporated overnight. Do you have anything to say about these things?"

There is no doubt that this is a question of great concern to all journalists.

As soon as the beautiful Chinese reporter finished speaking, the other reporters all stretched out their microphones and recorders towards Yao Yuan, looking forward to his answer.

Yao Yuan looked at the New York Times reporter, nodded with a smile and said:

"Hello, this journalist friend, I am very happy to be interviewed by you again."

“Top financial institutions such as Goldman Sachs and Paulson Fund are willing to admit that they are also short sellers and are shorting the international financial market, which is quite responsible.”

"I personally welcome the actions of these two top financial institutions. Now everyone has their cards on the table, and everyone competes based on their abilities. It is relatively fair."

"As I said before, Jiuye Investment is not the only one who is short-selling in the market. Now everyone knows it. Please don't point the finger at us in the future."

"As for the different views of European countries and beautiful countries on whether the financial crisis has occurred, I will not comment. The answer to this question will be seen by everyone soon."

"The plunge in the international financial market last night is not surprising. This is investors voting with their feet. I have a hunch that such plunges will happen more often in the future."

Upon hearing his answer, there was an exclamation of exclamation immediately.

"I'll go! Is Yao Yuan challenging Goldman Sachs, the world's number one investment bank? Did I hear you correctly? That's awesome!"

"Of course you are, haven't you heard? Goldman Sachs had plotted against Yao Yuan before and even sent commercial spies to eavesdrop on him."

"In the end, Yao Yuan took advantage of him and beat Goldman Sachs into disgrace. He suffered heavy losses!"

"In other words, the relationship between Jiuye Investment and Goldman Sachs has long been established, and there will definitely be a series of battles in the international financial market!"

Many media reporters started talking about it, and all of them had their eyes shining.

Especially those reporters from domestic financial media were even more excited.

The top investment bank in our country has only been established for less than a year, but it has grown rapidly to the point where it can compete with Goldman Sachs.

Facing this reality, they even felt a little unreal as if they were in a dream, and they were proud of it!

At this moment, another beautiful Chinese reporter asked loudly:

"Good morning, Mr. Yao, I am a reporter from CNN Business Channel. I am very happy to interview you."

"Just last night, shortly after the Federal Reserve issued a statement saying that there would be no global financial crisis, stock investor Buffett responded."

"He announced that he would invest $21 billion to purchase a large number of bonds from Texas utility companies, which are so-called junk bonds."

"What do you think of this decision by stock investor Warren Buffett? Under such circumstances, will you still stick to your own judgment?"

Yao Yuan looked at the ghost reporter and responded with a smile.

"Obviously, my views are different from those of Warren Buffett, and I hope he is right. No one wants a financial crisis, and neither do I."

"But no matter what, I will not buy any junk bonds. I am very interested in Berkshire Hathaway's stocks and hope to have the opportunity to invest."

After the words fell, domestic reporters finally started asking questions.

"Hello, Mr. Yao, I am a reporter from the Economic Daily. I am very happy to interview you."

"Yesterday, your interview about the imminent outbreak of the financial crisis caused huge repercussions both at home and abroad, and even caused the international financial market to plummet."

"I would like to ask, if a global financial crisis really breaks out, how should our country respond and how can we minimize the losses?"

Yao Yuan smiled softly and responded immediately.

"First of all, if a global financial crisis really breaks out, our country will definitely be affected and will suffer certain losses."

"However, due to the special circumstances of our country's financial system, the impact will not be too great. We will definitely be able to withstand the rush out. You don't need to worry too much."

"Also, our foreign trade exports will definitely be greatly affected, and all export-oriented companies must be prepared for this impact."

"The best response is to strengthen order management, tap potential internally, and turn our attention to the domestic market to offset external impacts."

"These issues should be discussed at this conference. You can wait a few days and you will soon see national-level response measures."

Next, he answered a few more questions.

Then he ended the interview and walked straight to the queue not far ahead, preparing to line up to enter the assembly hall.

As he walked, everyone in the square looked at him with extremely hot eyes.

Several domestic reporters who had just interviewed him were talking enthusiastically in low voices while holding up their cameras to take pictures.

"Did you hear it? The top management is already paying attention to the upcoming financial crisis. It must have been reported by Yao Yuan. This kid is really awesome!"

"Isn't it! Otherwise, why do you think Yao Yuan came to participate in this conference? With his ability, how could the country ignore it?"