Life at the Top
Life At The Top Chapter 1966
Inside the headquarters of Quantum Fund in New York of the United States, Soros frowned as he looked at the busy team.
His good mood from before was gone. Even though he knew that the Somerland government’s countermeasures would inevitably come, he did not expect the Somerland government to stab him in the heart from such a strange angle at this critical moment.
“This definitely looks like something Jasper would do. It was done beautifully while being impactful and straight to the point.”
Rogers’ voice from the side caused Soros t o turn his head. Then, he said, “What do you think we should do now?”
“We can’t stop the attack on the Haddock Chamber of Commerce, and we must instead intensify it.”
Rogers contemplated for a while and said, “Actually, everyone including you and Jasper overlooked a very important issue.
“Yes, the listing of these state-owned enterprises will bring in a lot of private capital, some even foreign, into the Somerland A-share market to buy the stocks of these state-owned enterprises, but this will produce a siphonic effect.
“These state-owned enterprises are the
core of absorbing capital. They absorb not
only external funds but also funds in the
stocks of other companies in the original A -share market. The other companies are worried that there is no place for them to hedge, but when these state-owned enterprises enter the market, they will inevitably sell their stocks and buy the stocks of state-owned enterprises. Such is the nature of the capitalists. Neither the Somerland government nor Jasper can change this.
“Under such circumstances, the A-share market seems to have stabilized, but in reality, most of the funds have been sucked away by state-owned enterprises while the remaining company stocks will b e faced with difficulties.
“This is the chance for us to completely
destroy the Haddock Chamber of Commerce,”
Soros frowned and said, “If that’s the case, we’ll have to burn the funds we used to short the market.”
“It’s inevitable.”
market, but there can be no gods who will always win without losing money. At
said is right… Then we will increase our efforts
press conference was closed in a flash while the call auction stage had also
a rate of 100 million Somer Dollars per minute, the A share market had already
outside, including domestic funds and foreign hot money. Meanwhile, hot money began
was unified, and they
batch of
had just gone
share prices of these state owned enterprises soared, leading an upward trend of
of opening, A-shares opened at 2434 points. It has opened higher and is moving gradually upward. Currently, it is at 2499 points and is hitting the 2500 key point. It should not b e very difficult to break through this point. Among them, newly listed state
his excitement and said, ” Judging from this situation, it is not a problem for these state-owned enterprises to create more than 15
the sub-sectors of the relevant upstream
the A-share market officially broke through the 2500-point mark and surpassed 10
“Very good.”
relief and said, ” We made the right choice by
closed their daily limit within a few minutes of listing, bringing nearly tens of billions of funds to the entire A-share market. Meanwhile, this inflow
market but had also dissipated a lot of the pessimism in the
reached a few essential small points of 2550 and 2590 points from an initial 2510 points. However, when it was
sectors of tea, wood, and textiles suddenly encountered an unprecedented fierce attack. Almost all of the stock prices in the listed companies
black and blue when faced with
the entire upstream and
clothing, cloth, furniture, and beverage markets were all in a
marvel appeared in the
communications sectors, while on the other, there
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