Rebirth in 1985
Chapter 871 Continuing...
Chapter 871: Continuing... [Second Update]
When the 9/11 incident happened, it was destined that the United States would face a disaster. Originally, the 9/11 incident alone would not be a big deal, and the storm would calm down in a while. However, the US government was instigated by the Morgan Consortium to secretly investigate the Phoenix Group, which led to the following series of events.
Today, Phoenix Group fired at the U.S. financial market, and the results came out quickly. Under the dual influence, the Dow Jones Industrial Average in New York plunged more than 800 points at the opening in the morning, setting a new historical record and casting a layer of frost over the already miserable United States.
After something like this happened, the U.S. government naturally would not stand idly by. It responded quickly and mobilized funds to try to rescue the market to alleviate the decline of the overall stock index. However, the U.S. government suddenly realized at this time that they no longer had much funds to use.
Yes, the United States no longer has much funds to mobilize at will. At least in the short term, they have no way to mobilize too much funds to save the market, because as early as a few days ago, the US government spent a lot of money to deal with the impact of the 9/11 incident on the stock market. Now facing the impact of Phoenix Group, it seems difficult to mobilize more money.
It is undeniable that this is also part of Lu Shaohua's plan. Although Lu Shaohua has never mentioned it, Liu Mingzhang and other subordinates who have followed Lu Shaohua for many years know that the reason why Lu Shaohua took action a few days after the 9/11 incident was because he saw that the US government could not mobilize too much funds to rescue the market in a short period of time.
This is a step to increase the success rate. It is impossible that Lu Shaohua did not think of it. Liu Mingzhang and others also thought of it. Therefore, when Lu Shaohua proposed to target the US financial market, Liu Mingzhang and others were shocked and then excited.
Now, after a morning shock, the Dow Jones Industrial Average, a very important US stock market index, has plummeted. It is like a flag, showing the current state of the US financial market - stock markets across the US are falling.
The crazy decline of major U.S. indexes meant that Lu Shaohua had successfully taken the first step. What happened next depended on the U.S.’s rescue efforts. That was why Lu Shaohua chose to stay in the headquarters to see the situation from the opening to the closing of the stock market in the afternoon.
Time passed quietly, and soon, several hours had passed. It was late at night in Hong Kong and afternoon in the United States, and the stock market finally opened.
Before the market opened, Liu Mingzhang and his colleagues had already taken their positions. When the market opened, Liu Mingzhang and his colleagues became busy again, each doing their own job, issuing orders one after another, and another wave of funds entered the market, continuously suppressing the U.S. stock market.
Down, down, there is no other choice.
The U.S. stock market is passive. At this moment, it is like a piece of wood, enduring attacks and losing health. Although the U.S. official rescue is providing blood, Liu Mingzhang and his team's attack power is too strong. Even if the U.S. official comes out to rescue the market, they cannot pull back the index.
In less than half an hour, the Dow Jones Industrial Average in New York fell nearly two hundred points. The decline was not as drastic as in the morning, but this speed was rare in a century.
Affected by the decline of the market index, stocks were severely affected and fell one after another, whether they were large or small companies. Of course, there are also some strong companies that are still maintaining the status quo, neither falling nor rising, sometimes falling a little, sometimes rising a little, and gradually maintaining the original stock price.
That was the result of the company stepping forward to rescue the market. Otherwise, under the double impact, no matter how powerful the company was, it would not be able to withstand it. It can be said that Lu Shaohua's attack on American finance this time has caused great harm to those American listed companies.
But at this time, no company stood up to accuse Lu Shaohua's Phoenix Group. The reason was very simple. Lu Shaohua's Phoenix Group was treated unfairly. Not to mention that it was investigated by the US government for no reason, the US government eventually ignored the warnings of Phoenix Group and adopted a cold treatment.
From the perspective of a commercial company, Phoenix Group's approach is absolutely reasonable. Even if Phoenix Group attacks American finance, causing the stock prices of those listed companies to fall and the companies to suffer losses, those companies still support Lu Shaohua's approach.
Being able to go public proves that it is a large company. Since it is a large company, their future may be investigated by the US government for no reason like Phoenix Group, which is something no commercial company wants to see.
Lu Shaohua's Phoenix Group stood up when it was investigated by the US government for no reason. It can be said that it set a good example for others to follow suit and taught the US government a lesson so that they cannot do whatever they want.
This is the relationship between politics and business, and it truly reflects the current situation in the United States.
The United States is a country that follows the capitalist road. It is said that money makes the world king, but that only applies to some strong companies. It is not so easy for other companies.
It can be said that Lu Shaohua has made a good start, which is beneficial to some listed companies with weak strength and solves their worries. But can this be compared to a small loss of a company?
No, the two cannot be compared. Therefore, many listed companies that are not very strong are desperately trying to save the market and minimize the losses.
However, several companies were not so lucky. JPMorgan Chase, Morgan Stanley, General Electric, General Motors and IBM, the core industries of the Morgan consortium, could not withstand the attack no matter how they tried to rescue the market, and their stock prices plummeted.
This was the result of Lu Shaohua's special care. He targeted the Morgan Consortium and took severe revenge, especially IBM. Since Lu Shaohua had shares in it, it was easier for Liu Mingzhang and others to operate. After several changes of hands, the stock price of IBM fell even more sharply.
What could the Morgan Consortium do? They could only keep buying stocks in an attempt to stabilize the stock price, and then raise it. However, no matter how much they bought or how they tried to keep it stable, they could not maintain the stock price. It was not that the Morgan Consortium was not strong enough, but that Lu Shaohua's attack was too fierce, and he attacked at multiple points, making the Morgan Consortium overwhelmed.
Lu Shaohua saw everything. At the same time, Lu Shaohua also knew that he could still make the Morgan Consortium suffer a little, but this situation could not last too long. Once the Morgan Consortium stabilized its position, it would be difficult for Lu Shaohua to stir up trouble again.
So, when the market fell in the afternoon, Lu Shaohua issued orders to buy shares of several companies under the Morgan Consortium.
Absorbed, that is to say, absorbed, including General Motors and General Electric, but the shares of these companies were only for the sake of keeping a backup, Lu Shaohua did not intend to hold shares. As for IBM, JP Morgan Chase and Morgan Stanley, it was different, Lu Shaohua intended to hold their shares.
IBM, in particular, is a target that Lu Shaohua is jealous of. In addition, Lu Shaohua already holds a certain amount of shares, and now he is increasing his shares for future plans.
Liu Mingzhang and his colleagues were also not vague. A large amount of funds poured in, targeting low-priced orders and buying them crazily without paying any attention to the market's reaction.
Suddenly, a powerful force absorbed the stocks, stabilizing the stock price. It seemed that several companies under the Morgan Consortium had stabilized their position, but people in the know saw clearly that this was the prelude to another big storm.
No matter it is a big storm or calm, it is none of Lu Shaohua's business. Lu Shaohua will only proceed according to his plan and will not pay attention to the outside world's speculation. He is also not too busy to pay attention to the outside world's speculation. After all, there are many parties working together now. Lu Shaohua cannot give up the overall situation for a Morgan consortium.
Defeating the U.S. financial market is Lu Shaohua's overall goal. Looking at the situation after the afternoon opening, just as he expected, although the U.S. government stepped forward to rescue the market, it was of no avail and the stock market continued to fall.
It's not to say that there is no effect. At least with the US government stepping in to rescue the market, the stock market did not fall as sharply as it did in the morning, which played a role in slowing down the decline.
But this kind of slowdown is exactly the result that Lu Shaohua wants to see the most. As long as there is a decline, it doesn't matter if it is slow. Lu Shaohua doesn't mind at all, because if the situation continues to develop in this way, the US financial system will not be far from collapse.
The constant typing of the keyboard made the originally quiet hall a little noisy. Perhaps under normal circumstances, Lu Shaohua would be annoyed by this kind of noise, but now when he heard this sound, Lu Shaohua felt that it was the most beautiful music in the world.
The reason for this is that Liu Mingzhang and his men are operating. Whenever the sound is heard, it means that the funds controlled by Liu Mingzhang and his men have entered the market again. The operation is continuing, and the battle is also continuing.
Soon, the afternoon stock market was nearing its closing time, and Liu Mingzhang and his colleagues' work also came to an end. The data on the big screen stopped and froze on the last picture.
"call……"
"call……"
"call……"
Three heavy gasps sounded at the same time. Without looking, one could tell that those three gasps were coming from Liu Mingzhang and the others.
He let out a long sigh of relief, which was a sign of relaxation. There was nothing he could do about it. Liu Mingzhang and the others had been excited and thrilled for several hours, and now it was finally over. It was natural for them to let out a long sigh of relief.
"Let's take a break." Lu Shaohua glanced at the three of them and said lightly.
However, the only answer Lu Shaohua got was a shake of the head. Liu Mingzhang and the others rejected Lu Shaohua's proposal and instead faced the computer, typing away, not knowing what they were doing.
But soon, Lu Shaohua got the answer. Liu Mingzhang and his team were collecting data. As for what data they were collecting, it went without saying that it was nothing more than the extent of the decline in the U.S. stock market in the afternoon.
Soon, the data statistics came out. The first data sent to Lu Shaohua was about the New York Dow Jones Industrial Index. Lu Shaohua took it and looked at it without hesitation, but when his eyes got closer to the data, Lu Shaohua was stunned.
……
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