The plan drives Sha Ruijin to perfectly redeem Qi Tongwei
Chapter 153 Buying the Eagle Sauce Bank and Sharing the Loot
In fact, there are also smart people who have long seen the true intention of Daxia Pixiu Financial Company.
Faced with the huge amount of property that was forcibly robbed by Jingu Bank, some companies and individuals did not dare to contact Pixiu Financial Company, let alone the delegation sent by Daxia.
Worrying about this is like walking into a trap.
In a word, the money came from illegal sources. If you lose the money, you can still earn more, but if the government finds out, you will go to jail, and you may even be shot.
This is also the reason why Jingu Bank is so bold.
At this time, although Jingu Bank was returning the money under the protection of the Eagle Sauce government, depositors of other banks were very scared. They were afraid that the Jingu Bank bankruptcy incident would happen again. They hurried to withdraw their money.
Especially the enterprises in Yazhou and especially in Daxia.
This has caused several American-backed banks to face the risk of bank runs.
Banks earn interest, people deposit money and then lend it out. Their own reserves are very small. Everyone comes to withdraw money, and soon, the cash is gone.
With the bank’s cash gone, depositors became even more frightened and rushed to withdraw money even more frantically.
Vicious circle.
Therefore, three more banks announced that they could not withdraw money. When the stock price plummeted, more than 300 million Eagle Sauce coins suddenly bought these banks.
These banks, whose market capitalizations originally amounted to hundreds of billions or even tens of billions, saw their stock prices drop by more than 90 percent in one day, and their market capitalizations are now only one to a few percent of their previous value.
If the bank can quickly rebound to its original value with these purchased funds, it will quickly make a profit of almost a hundred times.
But this cannot be understood in the stock market. Because these banks that suddenly experienced a sharp drop in the stock market can go bankrupt. If they go bankrupt, they may lose all their money. These tens of millions or hundreds of millions of dollars have gone down the drain.
It's all about gambling.
However, Sun Zhenghong did just that. He used the money he collected from Pixiu Financial Company and the commissions he received to buy stocks at the bottom of the market.
Sun Zhenghong naturally bet that the Eagles would not dare to let these banks go bankrupt.
In fact, many people think that the Eagle Sauce dare not let the banks go bankrupt. The reason is simple. If one bank goes bankrupt, and then several more go bankrupt, it will cause systemic risks to the Eagle Sauce banks. The financial industry will be finished.
That’s not all. The biggest creditor of the US Treasury bonds is the US Bank, which accounts for about 70% of the US Treasury bonds. If all the US Banks go bankrupt, then the US Treasury bonds will also be ruined, and the entire US Treasury will be ruined.
Therefore, those who truly understand the logic behind this know that it is impossible for the banks of the United States to go bankrupt on a large scale.
But here, the Eagle Sauce must back up the banks, but whether it can do so is a question of ability. The former is a question of attitude.
But the fact is, if the Eagle Sauce government cannot back up its own banks, Daxia will probably intervene, perhaps directly stepping on them again, or perhaps helping the Eagle Sauce.
The reason for stepping on it is easy to understand.
The reason for helping the Eagle Sauce is very simple. If the Eagle Sauce is finished, the entire world economy will be in trouble.
Daxia will also be affected.
This is not the most unbearable consequence. The Eagles realize that the economy is ruined, and they may start a war. A hot war.
Don't underestimate the bottom line of the Eagle Sauce. This guy is just that bad.
Therefore, Sun Zhenghong chose to buy the oversold shares of these banks as soon as possible. Afterwards, the Eagle Sauce government really stood up and said that the Eagle Sauce would ensure that these banks would not go bankrupt and would inject 15 billion yuan into the banks.
After receiving the news, these banks' share prices soared more than 30 times that day, and recovered to more than 30% of their previous levels.
Afterwards, Sun Zhenghong sold some of the bank stocks he had bought, causing the stock prices of these banks to continue to fall by more than 20 points. At this time, mysterious funds were buying crazily, and Sun Zhenghong followed suit.
At the close of the market that afternoon, these banks, which had previously suffered a sharp drop in prices due to Sun Zhenghong's stock selling, instead hit new intraday highs, surging more than fifty times.
Afterwards, Sun Zhenghong chose to clear out all his investments. In just two days, 300 million yuan turned into more than 18 billion yuan.
Making crazy money.
At this time, many retail investors who were late to the party began to buy frantically, causing these bank stocks to continue to rise sharply. Soon they returned to the level before the big drop.
At this time, some retail investors wanted to sell these stocks, but found that they could not complete the transaction.
At first I thought it was a technical problem, a problem with the equipment. Later I learned that the financial institution Hua Erjie, seeing the rise of these three banks, was worried that someone would dump the stocks, causing systemic risks in the banks again. So they did such a fucked-up operation.
This time, the retail investors were not happy. They surrounded Huaer Street and the two sides started fighting.
Finally, Huaerjie urgently revised the relevant agreement and directly stated that there was a problem with the trading system and the previous transactions were invalidated. (The above are all real prototypes. Eagle Sauce Blue Bird, Jingu Bank, etc. are all real prototypes)
This has caused a bigger uproar, and has also caused the reputation of Huaerjie and Yingjiang to be severely damaged.
This is also the black swan event that was later called "retail investors sniping Hua Er Street."
Sun Zhenghong, on the other hand, was not concerned about the matter and kept aloof. He had already taken out the money.
Then, Sun Zhenghong told Director Yao and Sha Ruijin about his ultra-short-term profit of 18 billion Eagle Sauce coins. The two were dumbfounded.
Eighteen billion Eagle Sauce coins, more than 130 billion Great Xia coins. This is simply impossible to evaluate.
You know, the Anti-Corruption Bureau only gets a few dollars a year in fiscal funding. Only 700 million!
700 million may seem like a lot, but compared to the more than 100 billion, it simply cannot be compared.
Then everyone discussed how to divide the spoils... share... the fruits of victory.
In the end, it was decided to pay 10 billion Eagle Sauce coins to the Daxia National Treasury, 3 billion Eagle Sauce coins to the Anti-Corruption Bureau, and 5 billion Eagle Sauce coins to Handong.
Sha Ruijin was so happy. He was worried because he lost more than 2 billion in the previous Guangmingfeng project. In the end, he had to beg Zhao Ruilong for 2 billion together with Sun Zhenghong. Later, some rich young men and women in Daxia got into trouble and Sun Zhenghong got 10 billion Eagle Sauce coins back. He opened his mouth and asked for 2 billion from Director Gong.
Now, another 14 billion. This can make Handong's economy develop rapidly.
For Sha Ruijin, the ultimate goal of his superiors sending him here is to promote the economic development of Handong. Whether it is anti-corruption or replacement of personnel, the ultimate goal is this.
Now with more than 10 billion in hand, we are naturally more powerful.
Sha Ruijin really didn't expect that Sun Zhenghong, this kid, had earned nearly 20 billion in external funds for himself in less than a year.
Of course, this is just a plan to share the spoils, and ultimately, it still needs the approval of superiors.
But there is no way that my superiors would disagree.
However, Sun Zhenghong found that he seemed to be targeted by the Eagle Sauce. Because he made more than 10 billion from the Eagle Sauce stock market, he was simply digging into the Eagle Sauce's meat.
Therefore, it was decided to freeze Sun Zhenghong’s account.
The reason is that Sun Zhenghong may be involved in insider trading. If this charge is proven, Sun Zhenghong will not only have to return the money, but also be fined or even imprisoned.
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