Life at the Top
Life At The Top Chapter 2008
“Bring it here!”
Soros shouted. After he said that, he could not wait for his subordinates to print out the announcement, so he walked quickly t o the computer.
“Given the current increasingly complex domestic and international economic situation, after the batch listing of state owned enterprises with important assets, the Central Bank and the Ministry of Finance had obtained authorization to approve the entry of social security funds into the market. The total amount of social security funds entering the market this time is 600 billion Somer Dollars. It will follow the laws of the market economy to ensure the positive appreciation of the social security fund through capital operations…”
Soros did not finish reading the contents o f the announcement which only had a few hundred words. He understood what kind of decision Swallow Capital had made from just the first half of the announcement.
“Damn it, these punks from Somerland have decided to take this step after all!”
Soros was a little out of breath.
He knew that Swallow Capital would definitely protect the domestic A-share market and that no country would allow its financial market to be trampled and harvested by foreign capital, yet he did not expect Swallow Capital to respond so quickly.
His estimation was that it would take at least 2 trading days for Swallow Capital to react and take appropriate measures, and 2 trading days were enough for him to evaporate at least 100 billion of Somerland’s capital wealth. If the limit down of thousands of shares continued for 2 trading days, the consequences would be devastating.
However, things did not go according to plan.
The influence of this silent announcement was absolutely enormous.
The total social security fund in a country like Somerland would be terrifyingly huge. Also, because of its overwhelming participating population, its social
security fund was the top priority over its overall social stability.
The day had finally come for the Somerland government to use the social security fund.
Although the announcement did not mention what Wall Street capital had done in the domestic financial market, a discerning person could see at a glance that the batch of state-owned enterprises going public from before and the social security funds entering the market now was to resist the invasion of Wall Street capital.
In the financial battlefield, there was no smoke of gunpowder, yet murderous intent was everywhere.
On the day when the thousand shares fell t o the limit, Swallow Capital immediately officially announced that the social security fund would enter the market. It represented not only financial implications, but also carried a political overtone.
Therefore, when the outside world felt
domestic financial
demonstrate at any time would never understand the dependence and trust of the people of
also
600 billion social security
security funds to fight Soros’ at least 200 billion US Dollars
to the exchange rate, the power in Soros’ hands was more
was too great, all techniques were just bells and
all of society could
issued, hot money began pouring in. We’ve suppressed the stock price and shipping, but these crazy investors bought in like their lives depended on it. Right now,
word of the subordinate’s anxious report penetrated Soros’s
felt as if he had
dream.
Jasper’s style! Swallow Capital did not lose its trust in him, but instead, they placed even more trust in him. Only a madman like Jasper could come up with the crazy plan to list the social security fund
Soros roared.
the word who could stab his weakness with every move
want to fight? Come
was a mad glint
The two of them seemed to be standing on a tightrope high in the
met on a narrow road, only
where Somerland’s important state-owned enterprises are located. Go all out to
you
knew Soros, Soros also knew
that Jasper could not protect the entire A-share market at this time, and he could only make
the most important were those cornerstone industries. When it came to the Internet and finance,
JW’s assets are located
and
ground and see if you want to
of capital began shorting these three sectors. Countless
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