Life at the Top
Life At The Top Chapter 1771
“JW Foundation’s fund pool temporarily locked all transactions when the lockdown order took effect. Therefore some successful but unsettled orders were carried out in the first minute of opening, and JW suffered an instant loss of 15 billion US Dollars.
“In the fifth minute of the opening, Quantum Fund’s attacks on JW Foundation began increasing by the second and JW Foundation seemed helpless in the face of such a fierce attack. After giving up a lot of positions, the losses began to expand.
“We predict that JW Foundation might want to trade space for time and start a tug of war with Quantum Fund at a price that is more conducive to JW Foundation’s defense.
“However, they did not.”
In Swallow Capital, the atmosphere in the central bank’s highest-level meeting room was silent.
Top leaders and researchers from relevant departments of the central bank were staring at the real-time transaction data and listening to the explanation of the chief financial research expert of the central bank.
“At present, JW Foundation’s fund pool has lost more than 22 billion US Dollars.”
The chief expert had a serious expression and continued, “If losses continue at this rate and JW Foundation does not take any effective countermeasures, the market will lose confidence in JW Foundation.
“At that time, the avalanche of losses will
form, and Quantum Fund will be able to completely liquidate all of JW Foundation’s funds within half a trading day.”
Tony from the SBS Bank was also in the conference room, but due to his rank, he could only sit at the end near the door.
At this moment, he summoned the courage to say, “I noticed that JW Foundation took the initiative to give up some positions, but a certain amount of funds disappeared from this. Can I see
where that amount went?”
The chief expert cast an appreciative look
at him.
After all, even the most experienced professional would lose track of certain information in the dense stream of data, but Tony caught it, which was very remarkable.
“I also noticed the funds. The total amount is 50 billion US Dollars, but the destination is unknown. After all, we can’t access JW Foundation’s backend data. Therefore, until the funds are reinvested, we won’t know where they went and what happened to them.”
At that moment, at the conference table, a man with white hair on his temples spoke slowly, “What impact has the current loss of JW Foundation had on the domestic A share market?”
continuing. From the
sums of money are being withdrawn from the trading market at
the opening of the market tomorrow, JW
our current analysis, if
money, the -share market may plunge
of the jump is expected t o exceed 300
soon as he said this, there was the sound
only at 2,100 points. A drop of 300 points meant that the entire A share market would have fallen by more than one-seventh of
paramount to a stock
crash.
this kind
in a country
political
would even affect the country’s economic growth this year, which in turn would influence
do you
in a low
head and answered, “It’s not easy to do economic work. Currently, Jasper
break through all difficulties and make everything
believe he
final decision, and no one
this moment, far away in
all his
sat in
the mainland
call with Henry and said, “I see. We will follow. Sell short, sell short with all our strength, and be
subordinate nodded solemnly
moment, Zachary picked
the other
has come, let’s do
word,
long dragon, crossed the vast ocean, and headed for the
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